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Foresight Announces Third Quarter 2021 Financial Results

Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd., an innovator in automotive vision systems (Nasdaq and TASE: FRSX) (“Foresight”), today reported financial results for the third quarter of 2021. Foresight ended the third quarter of 2021 with $49 million in cash, cash equivalent and short-term deposits. The Company reported U.S. generally accepted accounting principles (GAAP) net loss of approximately $3.8 million and non-GAAP net loss of approximately $3.4 million for the third quarter of 2021, compared to GAAP net loss of approximately $4 million and non-GAAP net loss of approximately $3.4 million for the third quarter of 2020. “During the third quarter, Foresight achieved several significant milestones as part of our strategy to establish a worldwide network of partners for our stereoscopic vision systems for autonomous and semi-autonomous vehicles,” stated Haim Siboni, Foresight’s chief executive officer. “We launched pilot projects and signed new agreements with partners in multiple regions, including our first proof-of-concept (POC) project within the autonomous drones category. We are seeing widespread and diverse interest in our innovative vision systems, as manufacturers across industries and geographies recognize the need for safety and reliability in the autonomous vehicle revolution. Foresight has also made important progress in our penetration of the Chinese market, as the company began two POC projects with leading Chinese vehicle manufacturers. This quarter we note an important milestone of the Company’s first recorded revenues, from our previously announced paid POC project with a European OEM. POC projects are an essential aspect of our sales cycle, which may lead to design-wins and potential revenues. Over time, we expect the caliber and geographic diversity of our POC partners to lead to significant growth. Our wholly owned subsidiary, Eye-Net Mobile Ltd., also experienced key breakthroughs during the third quarter. Eye-Net Mobile launched pilot projects with leading manufacturers in Europe and Japan, reflecting a significant and expanding market for its vehicle-to-everything (V2X) accident prevention technology.” Third Quarter 2021 Financial Results This is the first quarter that the Company recorded Service revenues amounted to $40,000. The Service revenues were generated from a successful completion of the first milestone of a POC Project with a European vehicle manufacturer. The second milestone of the POC project, expected to be completed successfully in the fourth quarter will entitle the Company to recognize additional amount of $80,000. Research and development (R&D) expenses, net for the three months ended September 30, 2021 were $2,428,000, compared to $2,157,000 in the three months ended September 30, 2020. The increase is attributed mainly to an increase in payroll and related expenses and offset by participation in R&D expenses from the European program Horizon 2020 project. General and administrative (G&A) expenses for the three months ended September 30, 2021 were $975,000, compared to $918,000 in the three months ended September 30, 2020. The increase is attributed primarily to an increase in professional services and in Directors and Officers insurance premium and offset by a decrease in payroll and related expenses. GAAP net loss for the three months ended September 30, 2021 was $3,785,000, or $0.012 per ordinary share, compared to a GAAP net loss of $3,980,000, or $0.015 per ordinary share, in the three months ended September 30, 2020. The decrease in the net loss is attributed mainly to the increase in financing income, net, offset mainly by an increase in payroll and related expenses. Non-GAAP net loss, for the three months ended September 30, 2021 was $3,406,000, or $0.011 per ordinary share, compared to a non-GAAP net loss of $3,420,000, or $0.013 per ordinary share, in the three months ended September 30, 2020. A reconciliation between GAAP net loss and non-GAAP net loss is provided following the financial statements that are part of this release. Balance Sheet Highlights Cash, cash equivalents and short-term deposits totaled $49 million as of September 30, 2021, compared to $14.5 million as of September 30, 2020. GAAP shareholders’ equity totaled $51.9 million as of September 30, 2021, compared to $47 million as of December 31, 2020. The increase is attributed to the receipt of proceeds from the securities offerings completed during the first quarter of 2021 and option exercises, offset by the net loss for the same period. Third Quarter Corporate Highlights: Foresight Completes First Milestone of POC Project with European Vehicle Manufacturer: Foresight successfully completed a feasibility testing phase with a leading European passenger car manufacturer in mid-August 2021, concluding the first phase of a POC project announced by the company in May 2021. The POC project is meant to evaluate the ability of Foresight’s stereoscopic technology to enhance the manufacturer’s existing mono camera-based safety systems without requiring additional sensors and infrastructure and is expected to be completed during the fourth quarter of 2021. Foresight Signs MOU for Cooperation with Global Chinese Vehicle Manufacturer: In early August 2021, Foresight signed a memorandum of understanding (MOU) for a multiphase business cooperation with Wuhu Chery Technology Co., LTD ("Chery"), a global Chinese vehicle manufacturer, and Xuanyuan Idrive Technology Co. Ltd. (“XY"), a subsidiary of Wuhan Guide Infrared Co. (“Guide Infrared"), a leading Chinese developer and manufacturer of infrared thermal imaging systems. The multiphase cooperation will evaluate Foresight’s QuadSight® automotive vision system for its potential integration into advanced solutions for vehicles manufactured by Chery. Upon successful evaluations, the parties will negotiate a commercial agreement for the co-development of advanced solutions integrating Foresight’s technology with XY’s automotive sensors. Foresight Begins POC Project with Leading Chinese Vehicle Manufacturer: Building on the momentum of the company’s MOU with Chery, Foresight launched a POC project with a leading Chinese passenger car manufacturer in August 2021. Following successful completion of the project and a satisfactory outcome, the vehicle manufacturer may consider future cooperation for possible integration into its semi- and fully autonomous vehicles. The POC project is meant to evaluate the stereoscopic capabilities of the QuadSight vision system. Foresight Receives Notice of U.S. Patent: In July, Foresight announced that it received a notice of allowance from the U.S. Patent and Trademark Office for its patent application for the Company’s “multispectral vehicular system for providing pre-collision alerts.” The patent serves as the underlying technology for one of Foresight’s flagship products, the QuadSight automotive vision system. Foresight Enters Autonomous Drone Category with POC Project for Wonder Robotics: In August 2021, Foresight announced that Wonder Robotics Ltd. (“Wonder Robotics”), a startup engaged in the design and development of autonomous systems for commercial and military drones, began a POC project and evaluation of Foresight’s QuadSight vision system. Wonder Robotics will test Foresight’s thermal stereoscopic detection abilities for use in vertical take-off and landing drones to improve their autonomous flight, navigation and landing capabilities. Wonder Robotics will also use Foresight’s automatic calibration solution to ensure that the stereo cameras remain calibrated despite the drone’s vibrations. Eye-Net Launches Pilot Project with Multinational Japanese Company: In July 2021, Eye-Net Mobile announced a pilot project with the IT subsidiary of a multi-billion-dollar multinational Japanese company. The pilot project will evaluate the Eye-Net™ Protect accident prevention solution for possible integration as an application layer into the Japanese company’s car-to-everything (C2X) middleware platform. Eye-Net Mobile Starts European Pilot Project with V-tron: Eye-Net Mobile, announced in early July 2021 that it will collaborate on a pilot project with V-tron B.V. (“V-tron”), a Dutch company developing telematics products and road safety applications for aftermarket use in European fleets and lease cars. V-tron will evaluate the Eye-Net Protect mobile application for possible integration into its onboard units and application services. Use of Non-GAAP Financial Results In addition to disclosing financial results calculated in accordance with United States generally accepted accounting principles (GAAP), the company's earnings release contains non-GAAP financial measures of net loss for the period that exclude the effect of stock-based compensation expenses. The company’s management believes the non-GAAP financial information provided in this release is useful to investors’ understanding and assessment of the company's ongoing operations. Management also uses both GAAP and non-GAAP information in evaluating and operating business internally and as such deemed it important to provide all this information to investors. The non-GAAP financial measures disclosed by the company should not be considered in isolation or as a substitute for, or superior to, financial measures calculated in accordance with GAAP, and the financial results calculated in accordance with GAAP and reconciliations to those financial statements should be carefully evaluated. Reconciliations between GAAP measures and non-GAAP measures are provided later in this press release. About Foresight Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), founded in 2015, is a technology company engaged in the design, development and commercialization of sensor systems for the automotive industry. Through the company’s wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” cellular-based applications. Foresight’s vision sensor is a four-camera system based on 3D video analysis, advanced algorithms for image processing, and sensor fusion. Eye-Net Mobile’s cellular-based application is a V2X (vehicle-to-everything) accident prevention solution based on real-time spatial analysis of clients’ movement. The company’s systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. Foresight is targeting the semi-autonomous and autonomous vehicle markets and predicts that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses widespread and diverse interest in our innovative vision systems, a significant and expanding market for its vehicle-to-everything accident detection technology, that the Company’s POC projects may lead to design-wins and potential revenues, and the Company’s expectation that the caliber and geographic diversity of its POC partners will lead to significant growth over time, the timing of the successful completion of the second milestone with a European Vehicle Manufacturer, negotiation of a commercial agreement for the co-development of advanced solutions integrating Foresight’s technology with XY’s automotive sensors, that a leading Chinese passenger car manufacturer may consider future cooperation for possible integration into its semi- and fully autonomous vehicles, the expected timing of the completion of the POC project with a leading European vehicle manufacturer, the POC project with Wonder Robotics, a pilot project with the IT subsidiary of a multi-billion-dollar multinational Japanese company, and its collaboration on a pilot project with V-tron. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Foresight’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 30, 2021, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Investor Relations Contact: Miri Segal-Scharia, CEO, MS-IR LLC msegal@ms-ir.com 917-607-8654 FORESIGHT AUTONOMOUS HOLDINGS LTD. INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS U.S. dollars in thousands FORESIGHT AUTONOMOUS HOLDINGS LTD. INTERIM CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS U.S. dollars in thousands FORESIGHT AUTONOMOUS HOLDINGS LTD. INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW U.S. dollars in thousands FORESIGHT AUTONOMOUS HOLDINGS LTD. INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW U.S. dollars in thousands FORESIGHT AUTONOMOUS HOLDINGS LTD. SUPPLEMENTAL RECONCILIATION OF GAAP TO NON-GAAP RESULTS U.S. dollars in thousands Contact Details Investor Relations Contact: Miri Segal-Scharia, CEO, MS-IR LLC +1 917-607-8654 msegal@ms-ir.com Company Website https://www.foresightauto.com/

November 12, 2021 08:25 AM Eastern Standard Time

Adore Stories announces Closed Beta for Adore Romance Stories in the hot Interactive Story Games Mobile Gaming Category

Adore Stories

Adore Stories, a woman-owned business focused on strengthening women’s voices at the intersection of literature and gaming, is pleased to announce the imminent launch of Adore Romance Stories, in Closed Beta. Sign up here to take part in this exclusive mobile gaming experience! In our competitive research, we have found that gaming companies are largely run by men, while the readership and audience for these story games is primarily women. The lack of gender equity in the gaming industry has long been established by articles in Forbes, The Guardian and many others, and we are here to help balance the scales. We also find that this genre calls for higher quality writing and so we are adopting best practices long-since established in the screenwriting industry that create better emotional engagement with our audience to craft captivating interactive stories. Similarly, we are focused on greater diversity in our characters, stories, and character customization, to provide important representation for the diverse gaming community that plays these games. With a background in literature and a passion for interactive experiences, it only made sense to take our abilities to the mobile gaming world, and create a better literary experience for all readers, whether male or female. Our stories contain a more diverse mix of characters, and are written to higher standards, with award-winning authors signed on and a 100% female editing staff ensuring that women’s voices are heard and supported, and that our stories feel as authentic as possible to lived experience, while retaining a fun, fantasy feel. About Interactive Story Games: Interactive story games allow you, the player, to step into the shoes of the protagonist in a story, choosing how you look, what your name is, and what actions you choose to take in the story. In our stories, you can choose who you want to date, what activities you take part in, and experience the life of a character in a story, whose actions and reactions are written to exacting literary standards. We feel that interactive story games are fundamentally a new category of media consumption, located somewhere between a book, a traditional gaming experience and a movie. The ability to have a choose-your-own-adventure type experience while having additional music, audio cues, and visual experiences create something that’s not quite a book, not quite a movie, and a fundamentally different experience from other mobile, console or desktop gaming experiences. About Adore Stories: Adore Stories has found acclaim for its writing tools like our Character Template, which helps aspiring and established authors provide more color and meaning behind their written characters. Adore Stories is building a writer community, starting with online writing contests, coming soon! The Adore Stories blog also reviews popular books and authors, and features writing tips and tricks to help you write the stories of your dreams, and the next bestseller! If you would like to learn more about Adore Stories or the mobile experience that we are crafting, please reach out to hello@adorestories.com - we will be happy to talk! Contact Details Adore Stories Media Contact hello@adorestories.com Company Website https://adorestories.com/

November 11, 2021 09:03 AM Pacific Standard Time

Innovative Startup Develops Unique Method to Remove Plastics from our Oceans

Our Cleaner Planet

Our Cleaner Planet, a non-profit startup with an innovative technique to remove plastics from our oceans, announced today that it has successfully completed prototype testing of its first plastic harvester and is now ready to move forward with larger unit testing. The program is scheduled to launch the first of its full-sized, plastic harvesters into ocean operation in 2025. Pat Marshall, founder of Our Cleaner Planet, says that he and the development team are very encouraged by the results of the prototype tests. “The test parameters for our 1:164-scale prototype were set up to evaluate speed and control and the first stage of the filtration process,” he said. “We exceeded on all levels and we are excited to move on to our larger scale, test model.” The next step is a 1:12-scale unit that the team expects to start testing in early 2022. Marshall, an accomplished aerospace engineer and executive with many years of research and development experience in the aerospace sector, created Our Cleaner Planet with the mission to harvest plastics from our oceans by developing innovative, sustainable methods that leverage proven engineering to create a cleaner, healthier planet. Our Cleaner Planet has a patent-pending design that is focused not only on the larger, macroplastics, but also on the much smaller micro- and nanoplastics. This is an important distinction because many current cleanup efforts focus solely on the larger pieces of plastic leaving the smaller pieces to continue damaging the ocean ecosystem and our global environment. “The problem has become much more impactful than just the sheer mass of plastic now in our oceans. Plastic does not biodegrade. Instead, it breaks down into smaller pieces. These smaller pieces continue to get smaller and more toxic, creating a domino effect of damage extending from the fragile ecosystems in our oceans to our global environment and all the way up the food chain to human ingestion,” Marshall revealed. “Removing plastics from the oceans is only part of the solution to this problem, but it is the important first step that Our Cleaner Planet will take.” In its efforts to attack this wide-ranging plastic problem, Our Cleaner Planet’s system will include a large ship that utilizes an ocean-borne, plastic debris harvesting process. The process will not only remove the macro- and microplastics, but it will also introduce a unique method of removing nanoplastics down to 5 microns in size. The system will extend from surface level to a depth of 60 feet, allowing Our Cleaner Planet to remove the much smaller plastics more effectively and at much deeper levels of the ocean. The company expects to develop a fleet of ships with each vessel capable of removing up to 1000 metric tons of plastics from the oceans each year. Marshall explained that Our Cleaner Planet is targeting a net zero harvesting system. “Harvested plastics will be further processed into fuel onboard and each ship will be outfitted with CO 2 scrubbers. Ash will be the sole byproduct of the process and excess ash will be further utilized in other industries finally completing the lifecycle of the harvested plastic,” he said Our Cleaner Planet was founded as a non-profit organization in 2018, but Marshall has been working on the problem and his patent-pending solution for more than eight years. He has assembled a team of professionals with decades of experience piloting complex projects from research and development to commercial release. Marshall says this gives them an extra advantage in development and implementation. “Instead of rushing to the ocean with an unproven design, wasting crucial time and investment capital, my team and I have been adamant about proving our concept and testing the design before we went public,” he said. Marshall and his team are currently seeking funding and additional support and expect to launch Our Cleaner Planet’s first full-sized ship in early 2025. For more information on Our Cleaner Planet, the plastic pollution problem, or to find ways to support the program, please visit www.ourcleanerplanet.com. About Our Cleaner Planet Our Cleaner Planet is a non-profit organization on a mission to harvest plastics from our oceans by developing innovative, sustainable methods that leverage proven engineering to create a cleaner, healthier planet, and empower a truly circular economy through scalable and profitable solutions. Established in 2018, the company has an innovative method and patent-pending design to remove plastic from our oceans. Our Cleaner Planet has successfully tested its 1:164-scale prototype proving the efficiency and effectiveness of its design. It expects additional model demonstrations and tests in early 2022 and is scheduled to launch its first full-sized plastic harvester in early 2025. For more information on Our Cleaner Planet, the Plastic Problem, Our Cleaner Planet’s unique solution, or its development timeline, visit www.ourcleanerplanet.com. Contact Details Our Cleaner Planet Jeff Dronen +1 254-274-5333

November 11, 2021 09:00 AM Pacific Standard Time

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swIDch Announces New, First-of-its-Kind Strategic Partnerships

swIDch

swIDch has announced that it has been selected by Toss Bank, an internet bank, to supply switch OTP (one-time password), a card-tapping OTP generation technology, that can be used even on iPhone for the first time in Korea. Switch OTP is a technology that generates an OTP code in real-time by tapping it on the back of the smartphone. It supports user convenience and strong security functions at the same time and is regarded as one of the most advanced OTP solutions in existence. It is embedded in Toss Bank’s check cards, enabling the users of Toss Bank’s mobile app to transfer large sums of money by simply tapping the check card on the back of the smartphone. “I am very pleased to introduce this financial service partnership and to provide OTAC-based switch OTP technology to Toss Bank, a leader of digital financial innovation,” said Chang-Hun Yoo, CEO of swIDch. “We look forward to contributing to new business development as well as various financial service authentications through this partnership with Toss Bank.” In addition to the Toss Bank partnership, swIDch has announced that it has partnered with PERURI, the Security Printing and Minting Corporation, in Indonesia to provide its unique OTAC technology as an authentication in line with the organisation’s overall digital transformation business. PERURI is Indonesia's Digital Certificate Provider (DCP) issuing a digital certificate as a digital ID for every user who will conduct transactions in the digital world. The company is responsible for printing money, passports, ID cards, stamps, and revenue stamps, has been expanding its business from security printing to digital security since 2019. With OTAC's excellent anti-counterfeiting function, PERURI can now provide a user-friendly service by more securely and accurately digitising a range of unique information such as document issuance date and purchaser. This key strategic partnership with swIDch will enable PERURI to establish itself as a world-class business in the field of integrated security printing and digital security solutions. About Innovate UKThe ‘Smart Grant’ is ‘Innovate UK, the UK’s innovation agencies’ open grant funding which is part of the Government’s Research and Innovation programme. The programme invests up to £25 million in the best game-changing and commercially viable, innovative or disruptive business ideas. It is a highly competitive grant to achieve and has very stringent requirements and in excess of 2,700 applications.Innovate UK drives productivity and economic growth by supporting businesses to develop and realise the potential of new ideas. We connect businesses to the partners, customers and investors that can help them turn ideas into commercially successful products and services and business growth. We fund business and research collaborations to accelerate innovation and drive business investment into R&D. Our support is available to businesses across all economic sectors, value chains and UK regions. Innovate UK is part of UK Research and Innovation. For more information visit www.innovateuk.ukri.org Contact Details Kite Hill PR Caroline Brunton +1 843-693-7161 swidch@kitehillpr.com

November 11, 2021 09:56 AM Eastern Standard Time

iTradeNetwork Introduces OrderMaestro - Turning Best-in-Class Order and Inventory Management into Revenue for Foodservice Operators

iTradeNetwork

iTradeNetwork, the food and beverage industry’s largest network with over 8,000 food and beverage trading partners, is proud to announce the launch of OrderMaestro - a new mobile solution that streamlines and automates order and inventory management for foodservice operators. OrderMaestro enables foodservice operators to create a branded ordering experience across all of their organizations and locations - providing critical business visibility and insights that increase productivity, reduce costs and drive revenue growth. Since the pandemic, foodservice operators are experiencing more challenges than ever before. Operators are facing unprecedented labor shortages and product supply chain issues - and with thousands of locations, distributor relationships and numerous manual ordering processes to manage, they are forced to do more with less and less. Without a centralized procurement platform in this increasingly complex supply chain, it’s impossible to manage business operations. This leaves foodservice operators with so many unanswered questions: Are your units maximizing spending on preferred products? Are you missing out on rebates? Are you failing to see major contracting opportunities? Whether operating 15 or 5,000 outlets, operators today need an e-commerce solution that is easy to use and scales with their business - one that streamlines communications, addresses supply chain challenges, ensures price and purchasing compliance, improves visibility and control over the supply chain, and ultimately maximizes profitability for their organization. About OrderMaestro OrderMaestro is a branded ordering experience that makes it easier than ever for operators to manage all of their units on a single mobile platform. With the look and feel of your business, it is designed to meet your specific needs and goals. Operators can control order guides across units, auto-generate orders from history and user-defined templates, and build configurable workflows to streamline PO approvals - but that just scratches the surface of OrderMaestro’s capabilities: Effortless Onboarding in an Intuitive, Easy-to-Use App: With widespread labor shortages, onboarding is top of mind. OrderMaestro requires no formal training, so new users will be submitting POs and taking inventory in minutes. Don’t Get Shorted, Before Placing an Order: With today’s on-going supply chain shortages, it’s hard to ensure that the products you order are actually in stock. With OrderMaestro, operators can save hours of time and costly reorders. Users can check inventory with Distribution Centers prior to ordering a product to confirm availability and order replacement products when needed. Seamless, better than Amazon Ordering Experience: OrderMaestro revolutionizes foodservice procurement with the Universal Shopping Cart. Users can place orders with multiple suppliers using a single shopping cart. Offline Inventory Management, Built for Real Working Environments: Leave time-consuming, manual inventory management on remote desktops behind. Now, users can take inventory from a mobile device in any environment, online or offline. The app automatically syncs when internet or cell service is restored. 3-Touch “Scan-to-Search” Smart Barcode Scanning: Place an order or take inventory in as little as three clicks. OrderMaestro’s barcode scanning and voice recognition functionality allows users to auto-populate product information right from their mobile devices. Real-time Collaboration: Communicate in real-time through in-app messaging and save the hours you spent on phone calls and emails. Share targeted announcements with units, regions, or organizations, and alert individuals to act quickly on PO changes, complete with audit trails. Earn Big with In-App Vendor and Product Promotions: Create new sources of revenue and build stronger relationships with suppliers through in-app promotions. Get rid of excess inventory quickly, promote rebate programs, run holiday and seasonal promotions, and more. Visibility and Analytics to Reduce Costs and Drive Revenue Growth: Operators can now access invaluable insights that will power business decisions and drive revenue growth. Discover the percentage of purchases that are under contract, find opportunities to rebate revenue, and so much more. “We’ve created a best-in-class solution that works for our users and with our users,” said Wills McMahon, senior product manager at iTradeNetwork. “We’ve added features like voice and text search, barcode scanning and offline synchronization to automate as much of the ordering and inventory process as possible.” “OrderMaestro’s insights will change the way our customers manage their businesses,” said Nathan Romney, chief product officer at iTradeNetwork. “We are thrilled to give our customers the powerful insights they need to optimize their current operations, make smarter business decisions and ultimately increase revenues.” The OrderMaestro mobile app is currently available for foodservice operators on the Apple and Android app stores. The app will also soon be available on tablets in the coming months. About iTradeNetwork iTradeNetwork, Inc. is the leading global provider of supply chain management solutions for the food and beverage industry. Built upon deep industry expertise, a rich data foundation and the industries’ most extensive trading partner network, iTradeNetwork’s collaborative solutions allow distributors, manufacturers, operators, retailers, suppliers, and wholesalers of all sizes to reduce cost, grow revenue and strengthen trading partner relationships. Today, iTradeNetwork’s growing customer list includes more than 8,000 companies globally. For more information, visit: www.itradenetwork.com. Media please note: Visual assets, including photos, are available. To interview ITN’s CEO Rhonda Bassett-Spiers or for other interview requests, please contact Robin Carr at (415) 971-3991 or itn@landispr.com. ### Contact Details Landis Communications Inc. Robin Carr +1 415-971-3991 ITN@landispr.com Company Website https://www.itradenetwork.com/

November 10, 2021 01:07 PM Pacific Standard Time

Pano AI Announces Wildfire Detection Technology Pilot Program with PG&E and Portland General Through EPRI’s Incubatenergy Labs

Pano AI

Pano AI, the leader in wildfire early detection and intelligence, is excited to announce the successful completion of initial pilots with Pacific Gas and Electric Company (PG&E) and Portland General Electric through Electric Power Research Institute (EPRI) Incubatenergy Labs. The pilot programs have demonstrated the power of ultra-high-definition imagery and artificial intelligence to quickly and accurately detect fires, enhancing situational awareness to prevent potential devastation. “The pilot with Pano AI has demonstrated our ability to leverage technology to support and enhance our situational awareness,” said Ben Almario, Director of Wildfire Safety Operations at PG&E. “The technology will provide actual intelligence to support our decision making and also allow us to monitor multiple fires in a geographic area. The pilot has demonstrated that we can understand the risk of a wildfire as it relates to our assets.” “At Portland General Electric, we are facing increasing risks due to wildfires across our service territory. In order to address these risks, we will need to leverage technology that will supplement our own staff,” said Jay Landstrom, Senior Manager of Wildfire Analytics and Resiliency for Portland General Electric. “Pano AI’s cameras, in addition to their intelligence center, could help PG&E detect potential fire starts before they become catastrophic fire events. Early intelligence will be critical information that will help keep our customers and our field personnel safe.” “Today, we all have a front-row seat as climate change increases the risk of impactful fire across the globe. And as we know these fires started out small. The faster the fire detection, the less chance we will have with an out of control wildfire,” said Doug Dorr, Program Manager of EPRI. “It’s been impressive to watch what started as an interesting idea to detect smoke using AI and no human intervention turn into a successful collaboration between EPRI, PG&E, Portland General, and Pano AI.” San Francisco-based Pano AI provides an easy-to-use platform that enables utilities to quickly detect, assess, and pinpoint new fires earlier so that they can be contained while still small. Leveraging a network of connected, ultra-high-definition cameras continuously rotating atop high vantage points, Pano Rapid Detect captures a dynamic 360-degree panoramic view of the landscape every minute. This rich camera data, combined with satellite imagery, emergency call details, and other data feeds enables Pano AI’s artificial intelligence to monitor for threats and provide actionable intelligence in a single, intuitive interface. “We know that minutes matter when it comes to wildfire response. Our vision is to create a network of cutting-edge cameras, as well as integrate existing video feeds, that leverage our artificial intelligence and our intuitive software to provide timely and accurate alerts for situational awareness teams to prevent small flare-ups from becoming large infernos,” said Arvind Satyam, Pano AI Chief Commercial Officer. Recognizing that the growing threat of global warming presents a unique challenge to wildfire mitigation, Pano is actively working to protect communities from the dangers of wildfire devastation. In addition to Pano’s new large-scale utility partners, California fire departments and private companies have also adopted Pano AI to track wildfires in high-risk areas as soon as the first wisps of smoke appear. Pano AI partnerships include Aspen, Colorado; Portland, Oregon; Big Sky, Montana, and multiple regions around California. For more information on the pilot partnerships, EPRI has released the following video: Incubatenergy Labs Demo Days – Pano Partnerships About Pano AI Pano AI is the leader in wildfire early detection and intelligence. Leveraging a network of connected, ultra-high-definition cameras continuously rotating atop high vantage points, Pano Rapid Detect captures a dynamic 360-degree panoramic view of the landscape every minute. This rich camera data, combined with satellite imagery, emergency call details, and other data feeds, enables Pano AI’s artificial intelligence to continuously monitor the landscape and provide actionable intelligence in a single, intuitive interface, enabling fire authorities to detect, assess, and pinpoint new fires quickly, in order to contain them while they are still small. As climate change creates and escalates the number and size of fires when it comes to dispatching fire departments, every minute matters. Learn more at https://www.pano.ai/ Contact Details Kivvit Akash Gejjagaraguppe +1 603-930-0591 akash@kivvit.com Company Website https://www.pano.ai/

November 10, 2021 09:00 AM Eastern Standard Time

Foresight Completes Technological US Roadshow, Touring 19 Leading Vehicle Manufacturers and Tier One Suppliers

Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd., an innovator in automotive vision systems (Nasdaq and TASE: FRSX), today announced that last week the Company successfully completed a two-week series of technological demonstrations in the U.S. for 19 top American and global vehicle manufacturers, Tier One suppliers and autonomous systems developers. The demonstrations generated great interest from many participating companies interested in engaging in POC projects to further evaluate the technology for possible enhancement of existing advanced driver assistance systems (ADAS). Foresight presented the latest technological developments for its unique auto-calibration software solution, suitable for both stereo visible-light and thermal infrared cameras, and its ability to generate 3D information, either by separating stereo cameras or by creating a stereo system from existing mono cameras. The current series of technological demonstrations was carried out in the Silicon Valley area and in Detroit, in collaboration with Teledyne FLIR, a world-leading industrial technology company focused on intelligent sensing solutions. Foresight’s technological roadshows offer potential customers the chance to experience the Company’s unique solutions firsthand. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses that the demonstrations generated great interest from many participating companies interested in engaging in POC projects to further evaluate the technology for possible enhancement of existing ADAS. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Foresight's annual report on Form 20-F filed with the Securities and Exchange Commission ("SEC") on March 30, 2021, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Foresight is not responsible for the contents of third-party websites. About Foresight Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Through the Company’s wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions. Foresight’s vision solutions include modules of automatic calibration, sensor fusion and dense 3D point cloud that can be applied to diverse markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn. Contact Details Investor Relations Contact: Miri Segal-Scharia, CEO, MS-IR LLC +1 917-607-8654 msegal@ms-ir.com Company Website https://www.foresightauto.com/

November 10, 2021 08:10 AM Eastern Standard Time

EagleTree Capital Acquires The Channel Company, a Leading Provider of Business Services for the IT Sector

The Channel Company

The Channel Company (or the “Company”), a leading provider of business services for the IT sector, and EagleTree Capital on behalf of its private equity fund EagleTree Partners V (“EagleTree”), announced today that EagleTree acquired The Channel Company from Stone-Goff Partners, a leading lower middle market private equity firm. The Channel Company is a leading provider of mission-critical business and marketing services for IT vendors, solution providers and distributors, with a full suite of solutions for the IT ecosystem including content, consulting, marketing and agency services, events and conferences, and data and analytics. The Company owns CRN.com, the most trusted media brand in the B2B IT channel sector and has the largest database of solution providers in the industry. The Channel Company’s management team will remain unchanged with Blaine Raddon as CEO and Rob Wiseltier (one of the Company’s founding partners) as CFO. Founding partners Bob Faletra, Dan Dignam and Lisa MacKenzie will continue in their roles as advisors to The Channel Company. “We are very excited to partner with EagleTree, an investor with deep experience in the B2B and business services sectors, and believe they have the resources we need to help drive our strategy forward,” said Blaine Raddon, CEO of The Channel Company. “EagleTree’s support will help The Channel Company accelerate the build out of our integrated solutions and bolster our ability to support the growing strategic needs of the global IT ecosystem.” Michael Struble, Senior Partner at EagleTree, said, “The Channel Company has built its reputation by helping to drive superior results for the largest technology companies in the world. We look forward to supporting the Company’s strategic growth plans to deepen its customer relationships and expand its capabilities with data and analytics.” “The Channel Company’s singular focus on all things information technology puts it on the forefront of a major technology investment cycle,” added Anup Bagaria, Co-Managing Partner at EagleTree. “We have been very impressed with Blaine and the rest of the management team and cannot wait to partner with them on this next phase of growth.” JEGI CLARITY acted as exclusive financial advisor and Fredrikson and Byron P.A. served as legal advisor to The Channel Company. Jones Day acted as legal advisor and Alvarez & Marsal acted as due diligence advisor to EagleTree. About The Channel Company The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers and end users. Backed by more than 35 years of unequaled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. Follow The Channel Company on www.thechannelco.com. About EagleTree Capital EagleTree Capital is a leading New York-based middle-market private equity firm with assets under management of $4.8 billion as of December 31, 2020. The firm has completed over 35 private equity investments and over 75 add-on transactions over the past 20+ years. EagleTree primarily invests in North America in the following sectors: media and business services, consumer, and water and specialty industrial. For more information, visit www.eagletree.com or find us on LinkedIn. Contact Details EagleTree Capital Sard Verbinnen & Co. Stephanie Pillersdorf/Devin Broda +1 212-687-8080 EagleTree-SVC@sardverb.com The Channel Company Corporate Communications +1 508-416-1175 corporatecommunications@thechannelcompany.com Company Website https://www.eagletree.com

November 09, 2021 03:30 PM Eastern Standard Time

Comcast Launches WiFi-Connected “Lift Zones” at Sites Serving Veterans Experiencing Houselessness

Comcast Oregon / SW Washington

As part of its ongoing commitment to help connect low-income families and individuals to the internet so they can fully participate in the digital economy, Comcast today announced that two veterans shelters run by Do Good Multnomah are now high-speed internet enabled Lift Zones. Working with its network of community-based organizations, Comcast is providing high-capacity WiFi access in spaces designed to help enhance the learning experience for students. In this case, however, the connection is designed to help veterans get online to engage in distance learning, access virtual support programs, stay connected to loved ones and search for jobs. The Breitung Building in Northeast Portland and Clayton Mohr Commons in Oregon City now both feature free gig-speed WiFi provided by Comcast, allowing dozens of veterans to work on computers simultaneously. Jay, a veteran and resident at the Breitung site says, "Having the internet on the patio and in the community area makes it so that I can get out of my room and connect with others while still having access to all my internet needs." Jess Gibly, Director of Permanent Supportive Housing for Do Good Multnomah, agrees that the Lift Zones are a real benefit for her clients. "Especially in the era of COVID, having access to the internet is crucial for receiving mental health and primary care, recovery support, and a variety of other services that help someone thrive in housing. These Lift Zones give our Veterans in Permanent Supportive Housing, many of whom cannot afford internet themselves, the chance to get their wellness needs met and participate in online communities that have given people much needed support and connection during COVID." “It’s very gratifying to see these new Lift Zones benefitting veterans,” said Rebecca Brown, Director of Community Impact for the region. “We’re expanding our reach as we partner with local organizations focused on serving our houseless veterans’ communities.” There are now 24 Lift Zones in operation in Oregon/SW Washington, primarily located at Boys and Girls Clubs around the region, with a couple more Lift Zone sites currently under construction across Comcast’s Oregon/SW Washington service territory. Project UP & Comcast’s $1 Billion Commitment to Advancing Digital Equity: For over a decade, connecting more people to the Internet and the technology they need to participate and excel in an increasingly digital world has been a core focus for Comcast. Looking toward the next ten years, the company is building on that foundation and expanding its impact through Project UP, a comprehensive initiative to advance digital equity and help build a future of unlimited possibilities. Backed by a $1 billion commitment to reach 50 million people, Project UP encompasses the programs and community partnerships across Comcast, NBCUniversal, and Sky that connect people to the Internet, advance economic mobility and open doors for the next generation of innovators, entrepreneurs, storytellers, and creators. For more information on Project UP and the latest news on efforts to address digital inequities, including the recent expansion of the Comcast RISE Investment Fund to provide millions in grants to small business owners of color and investment in research to increase diversity in the technology and digital fields, visit https://corporate.comcast.com/impact/project-up. ABOUT COMCAST CORPORATION: Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with over 56 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. ABOUT DO GOOD MULTNOMAH: Do Good Multnomah is a non-profit organization providing permanent supportive housing and low-barrier emergency shelter to houseless Veterans in Portland, Oregon. They support Veteran-centered communities that inspire dignity, sustainability, and purpose emphasizing relationship-building, one-on-one engagement, supportive services, and direct community participation. Contact Details Amy Keiter +1 503-407-9109 amy_keiter@comcast.com Company Website https://corporate.comcast.com/

November 09, 2021 10:24 AM Pacific Standard Time