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Ryan Kavanaugh’s Proxima Studios Announces Start of Production of Skill House Starring Bryce Hall, Directed and Written by Josh Stolberg – Writer of Jigsaw and Spiral – of the Saw Franchise

First–of–its–kind film to be “listed” on the entertainment stock exchange allowing fans to participate and invest in the film via ESX.io

LOS ANGELES, April 13, 2022 (GLOBE NEWSWIRE) — Based on an original idea by EGOT Megaproducer (Emmy, Grammy, Oscar, and Tony) Nominee Ryan Kavanaugh, Skill House is the first of a franchise and is slated to start principal production in June 2022 with an expected early 2023 release date. It is financed and controlled by Proxima Studios and written and directed by horror film legend Josh Stolberg, co–writer of horror films such as Spiral: From the Book of Saw (starring Chris Rock and Samuel L. Jackson), Jigsaw, Piranha 3D, Sorority Row, as well as the next Saw film (tentatively titled Saw X) and starring social media phenomenon Bryce Hall, who is one of the world's most–followed Social Media Stars with over 50 Million Followers across his social media channels.

Skill House will be the first film to be “listed” on the entertainment stock exchange (“ESX“), a first–of–its–kind platform allowing users to invest in the film and trade in or out of the film and its upside.

Starring social media personality Bryce Hall, Skill House takes a stab at social media influencers and will be an unflinching take on fame and what new celebrities are willing to do to attain it. It will be shot in the Sway House, a mansion in Bel Air, made famous by many of Tik Tok's biggest stars. It will skewer the landscape of young celebrities who will do anything for a “click.”

“I've worked with some of Hollywood's biggest stars, including Chris Rock and Sam Jackson, Carrie Fisher and Dwayne Johnson" but my kids are more excited about this project than any other I've worked on,” said Stolberg. “Working with Bryce Hall and Ryan Kavanaugh, this is sure to be a first of a new horror genre. These social media personalities are the new Hollywood, and they are reinventing what it means to be a star. When a young kid from Maryland, like Bryce, with nothing but a cell phone and a ring light, can attract tens of millions of followers on Tik Tok and Instagram, it evens the playing field for everyone. But there's a dark side to this new entertainment landscape, and I'm excited to flip that rock over.”

“The film will be a “hard R” horror film and will have a gritty approach to what it takes to succeed in a business that relies on fans “liking you.” Stolberg added, “there's nothing I love more than writing a watercooler kill scene" and we're already over budget with the amount of blood we're going to use. While this concept could play for parody, I'll be taking a more serious approach and leaning into scares and horror over humor. I'm not pulling punches. I've been given the green light to go for it. And I can't wait!”

Kavanaugh, the 24th highest–grossing producer of all time, has produced and or financed over 200 films such as Fast and Furious 3,4,5,6, Social Network, 300, Mamma Mia!, Limitless, Fighter, Zombieland, and many more. Kavanaugh also previously owned Rogue Pictures, which launched over 60 horror movies, including Strangers, The Unborn, and My Soul to Take.

“This film intends to break the boundary between the short–form social media phenomenon and long–form content,” said Kavanaugh. “Bryce is one of the most recognized and polarizing influencers with over 50 million followers and will certainly be a crossover star. The film digs deep into the human psyche and the new generation's thirst for stardom, asking how far they would go? It will be bloody, it will be dark, and it will certainly be talked about.”

Daniel Herther, who oversees production and creative development at Proxima, will serve as executive producer. Before joining Proxima, Herther produced the Nic Cage thriller Inconceivable and held executive roles at Relativity Media and WB's Hollywood Gang (300).

This will be the first time fans can actually invest into a feature film and participate in the upside of the film via ESX.

Bryce Hall is repped by Brad Baskin of Panther Management and Ryan Kavanaugh and Proxima are repped by Neil Sacker.

About Proxima and Ryan Kavanaugh

Founder of Proxima Media, co–founder of Triller, Ryan Kavanaugh is one of the most accomplished, prolific, and honored executives in entertainment industry history. Using an intelligent financial model of film finance, he was dubbed the creator of “Moneyball for movies.” He produced, distributed, and/or structured financing for more than 200 films, generating more than $20 billion in worldwide box office revenue and earning 60 Oscar nominations. He is the 25th highest–grossing film producer of all time. His productions include Fast and Furious 3–6, 300, Social Network, Limitless, Fighter, Talladega Nights, Step Brothers, and Mamma Mia! Kavanaugh and Proxima pioneered an innovative finance deal for post–bankruptcy Marvel, making the studio and finance structure that led to Marvel Cinematic Universe. He built the SVOD (streaming) category with Netflix, which boosted that company's market capitalization from $2 to $10 billion. Kavanaugh is the co–founder of Triller, one of the three fastest–growing social media apps. He recently led the acquisition, merger, and re–launch of the social media and music app.

He also created the powerhouse television company, now known as Critical Content, producing hit shows like Catfish on MTV and Limitless on CBS, which he sold for $200M. The company had 40 television series across 19 networks before its sale. Kavanaugh has earned several achievements and awards, from Variety's Producer of the Year Award to The Hollywood Reporter's Leadership Award, from Fortune's 40 Under 40 Most Influential People in Business to Forbes' Fortune 400, Billion–Dollar Producer by the Daily Variety and the 100 Most Influential People in the World by Vanity Fair.

About Entertainment Stock Exchange (“ESX”)

Entertainment Stock X (ESX), a first–of–its–kind platform allowing users and fans to invest in film and entertainment projects via the Jobs Act, is an innovative platform for financing entertainment. The company fills the need for new and more efficient financing for filmmakers. ESX allows filmmakers to generate a valuable direct marketing relationship with fans and will enable fans to invest in film for the first time. More information is available on ESX.io

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/57bc3ab2–7d4e–4601–a463–9cfb7d99e918

https://www.globenewswire.com/NewsRoom/AttachmentNg/1b498c69–6617–4ef7–af25–e5dda90f3d34


GLOBENEWSWIRE (Distribution ID 8522200)

Dual Miners officially introduces 3 mining rigs

HELSINKI, Finland, April 13, 2022 (GLOBE NEWSWIRE) — Dual Miners (www.dualminers.com/) have crossed the $20million USD mark in pre–orders. Dual Miners has announced the official introduction of three mining rigs that have the potential to change the worldwide crypto industry.

Dual Miners has used ASIC chip technology to create three solutions that are pre–configured for ease of use and promise a return on investment in as little as one month, led by some of the most experienced specialists in the Cryptocurrency mining industry.

DualPro, DualPro Max, and the most recent DualPremium are the company's current products, which support profitable operations on the blockchain of choice, according to a statement.

Dual Miners is a chip design and manufacturing firm established in London, with offices in Finland, South Korea, and Australia. It has a number of teams with in–depth understanding of, among other things, Blockchain technology and technological design.

The company provides graphics processing units to consumers in addition to providing crypto wallet development services. On three continents, the company has offices. Due to its extensive experience in the market, Dual Miners has acquired a solid name in the Blockchain industry.

As a result, Dual Miners will cover both shipping and import duties, allowing consumers to spend no more than the cost of the device and obtain everything they need to get started without incurring additional fees.

About Dual Miners

Dual miners, which bills itself as the world's first dual–mining firm, was founded in 2015 with the goal of developing and selling the world's first leading dual Cryptocurrency miners that use either SHA–256 or Scrypt technology, respectively. With the DualPro, we set out to provide more power at a lower cost than had previously been available. Dual Miners is headquartered in London, United Kingdom, and maintains offices in other locations throughout the globe. On the website www.dualminers.com, you may find out more about the company.

More details at www.dualminers.com/

Michael Scott

PR MANAGER
Michael@dualminers.com
(+358) 41 4001034


GLOBENEWSWIRE (Distribution ID 1000617058)

Sendoso Adds New Curated Global Vendors and Product Enhancements to Platform

SAN FRANCISCO, April 13, 2022 (GLOBE NEWSWIRE) — Sendoso, the leading sending management platform, today announced updates to its marketplace offerings and platform to further elevate personalized gift sending, globally and locally. Enhancements include more robust global address confirmation and validation to improve deliverability, theme management to create a better brand experience by allowing sales and marketing teams to organize their sends through a variety of campaigns. Additionally, the company has expanded its marketplace with a partnership with Goldbelly, the first platform for national food e–commerce and online marketplace for the best food gifts. By offering a selection of Goldbelly's best sellers, Sendoso is excited to further create meaningful, engaging moments with its customer base through the power of food.

Customer successes are top priority with Sendoso's enhancements and partnerships, and our global hand–picked merchants are the perfect partners to meet this demand. Sendoso has the most exclusive marketplace in the industry, spanning unique and diverse integrations and vendors from jigsaw puzzles, succulents, and candles to cocktail kits, brownies and macaroons. In fact, in 2021 food & beverage made up 90% of the sends from Sendoso's marketplace partnerships, and food alone made up 64%.

The addition of Goldbelly to Sendoso's carefully curated network of merchants provides an even more diverse selection of gifting options that will help achieve a valuable connection for the sender and recipient in a cluttered, digital world. This news comes on the heels of several marketplace additions in 2021, including a partnership with Square and Fellow, and inviting several global marketplace additions such as Mitchell & Son, Green Factory, ReserveBar, Tea Forte, Ember and others.

"I'm thrilled to expand our global marketplace even more by giving our customers increased opportunities to continue to create greater connections through thoughtful gift sending," said Kris Rudeegraap, CEO and co–founder, Sendoso. "Now our customers will never have to worry if a recipient will receive a gift or not with our more robust Global Address Confirmation and Validation. Also, being on the sales side for so many years before founding Sendoso, I can appreciate the need for customized themes for campaigns. Our new Theme Management capability will provide that perfect touch of personalization that teams need with various campaigns."

In addition to expanding its global marketplace offerings, Sendoso's new platform updates support a smoother and more intelligent sender and receiver experience with the following:

  • Enriched Global Address Confirmation and Validation: Address request capabilities have been enhanced to further improve deliverability of physical items globally. In addition to address confirmation updates that ensure gifts can easily cross borders, Sendoso also now validates addresses to ensure necessary information has been provided. If an unverified or invalid address is detected, for example, the platform will prompt the sender to update, saving the sender from the manual work of requesting the information themselves.
  • Theme Management: Leading the way for sales and marketing teams to make impressions at scale, this new feature allows Sendoso customers to create unified seasonal, global or local themes. Brands now have complete control in managing multiple campaigns throughout the year into a cohesive, streamlined story or experience for each. For example, if a customer decides to launch a holiday campaign, they can easily leverage Theme Management to ensure the emails for those sends will be consistent with the selected campaign.

As the industry's most advanced sending management platform, the latest innovative features ensure Sendoso's customers are leading the way with personalized and connected sales and marketing engagement.

Brands, more than ever, are seeing the critical value of personal engagement through Sendoso as research shows that sending is gaining traction, as it has increased by more than 80% on the platform.

Learn more about Sendoso's global merchants here and platform enhancements here.

About Sendoso
Sendoso, the leading sending management platform, helps companies stand out by giving them new ways to engage with customers throughout the buyer's journey. By integrating digital and physical sending strategies, companies can increase the effectiveness of their existing go–to–market programs and improve their relationships with customers. With a global marketplace of highly–curated vendors (over 30,000 gift options), seamless integrations with popular marketing & sales tools (including Salesforce, Oracle, Microsoft, Marketo, and many others), trusted by over 1,000 companies, with dedicated logistics and supply chain operations worldwide, Sendoso serves is an essential part of successful demand generation, account–based, and customer experience programs. Founded in 2016, Sendoso is backed by $152M in venture funding and has a global footprint, with a presence in North America, Europe, and Asia Pacific. Learn more at sendoso.com.

Media Contact
Korina Kennedy, Sr. Director of Corporate Communications
korina.kennedy@sendoso.com


GLOBENEWSWIRE (Distribution ID 8521409)

Gordon Brothers Partners with IMG to Expand Laura Ashley Globally

Boston, April 13, 2022 (GLOBE NEWSWIRE) — Gordon Brothers, the global advisory, restructuring and investment firm and owner of the British heritage brand Laura Ashley , has partnered with IMG to expand the iconic fashion, home and lifestyle brand in a fresh, modern way in Europe, Australia, New Zealand, China, India and the Middle East.

The brand's multi–year partnership with IMG will create new Laura Ashley apparel, footwear, accessories, beauty, homeware items and hospitality offerings through carefully selected licensing and retail partnerships and collaborations.

"We are delighted to partner with IMG to continue to expand Laura Ashley following the success of its spring homeware collection and fall fashion collaboration last year," said Tobias Nanda, President, Brands at Gordon Brothers. "Our focus in working with IMG will be to select additional strategic partnerships and collaborations to help bring the brand's distinct aesthetic to consumers globally while continuing to develop our current brand partnerships."

"For almost 70 years, Laura Ashley's iconic, quality–led designs, prints and patterns have continued to inspire the most coveted styles and fashion trends around the world," said Tim Smith, Vice President at IMG. "We are eager to leverage this rich heritage and the Laura Ashley archive, comprising more than 98,000 pieces of unique artwork, textiles and footage, to develop relevant new fashion and lifestyle products for existing and new fans of the brand."

After acquiring the Laura Ashley brand, archives and related intellectual property and announcing the partnership with NEXT plc in 2020, Laura Ashley launched its spring homeware collection online and in select NEXT stores and fall fashion collaboration with Batsheva in 2021 while developing brand partnerships in Korea, Japan and the U.S.

Gordon Brothers provides both short– and long–term capital to clients undergoing transformation. The firm lends against and invests in brands, real estate, inventory, receivables, machinery, equipment and other assets, both together and individually, to provide clients liquidity solutions beyond its market–leading disposition and appraisal services. Gordon Brothers has been actively investing in brands since 2003, partnering with leading companies to help revive and reimagine some of the world's most iconic brands.

About Gordon Brothers
Since 1903, Gordon Brothers (www.gordonbrothers.com) has helped lenders, operating executives, advisors and investors move forward through change. The firm brings a powerful combination of expertise and capital to clients, developing customized solutions on an integrated or standalone basis across four services areas: valuations, dispositions, operations, and financing and investment. Whether to fuel growth or facilitate strategic consolidation, Gordon Brothers partners with companies in the retail, commercial and industrial sectors to put assets to their highest and best use. The firm conducts more than $70 billion worth of dispositions and appraisals annually and provides both short– and long–term capital to clients undergoing transformation. Gordon Brothers lends against and invest in brands, real estate, inventory, receivables, machinery, equipment and other assets, both together and individually, to provide clients liquidity solutions beyond our market–leading disposition and appraisal services. The firm is headquartered in Boston, with over 30 offices across five continents.

About Laura Ashley
Celebrating timeless designs, signature prints and quintessentially British styles since 1953, Laura Ashley is one of Britain's most beloved home and lifestyle brands. Relaunched for spring 2021, the current collection sees the return of best–selling ranges, customer favourite prints as well as beautiful new designs inspired by the rich heritage of the Laura Ashley archive. www.lauraashley.com

About IMG
IMG is a global leader in sports, fashion, events and media. The company manages some of the world's greatest athletes and fashion icons; owns and operates hundreds of live events annually; and is a leading independent producer and distributor of sports and entertainment media. IMG also specializes in licensing, sports training and league development. IMG is a subsidiary of Endeavor, a global sports and entertainment company.


GLOBENEWSWIRE (Distribution ID 8521450)

Zoom Announces Platform Innovations to Elevate the Total Customer Experience

SAN JOSE, Calif., April 13, 2022 (GLOBE NEWSWIRE) — At its second Work Transformation Summit, a virtual gathering of business leaders that offers actionable insights for navigating the transformation and future of work, Zoom Video Communications, Inc. (NASDAQ: ZM) unveiled its latest innovations in the Zoom platform to help businesses improve customer and employee experiences for the new "work anywhere' workforce. Announced today, Zoom IQ for Sales, a conversation intelligence solution for sales professionals, as well as new Zoom Events and Webinar functionalities such as backstage and Webinar session branding, are putting engagement at the center of the experience and transforming the way we work, connect, and collaborate.

"Every interaction counts in a video–first world "" whether it's a call with a customer service agent, a video meeting with the sales team, or a hybrid event with customers and prospects. World–class customer engagement is where competitive differentiation happens," said Oded Gal, Chief Product Officer at Zoom. "Following our recent launch of Zoom Contact Center, Zoom IQ for Sales, and our latest Zoom Events innovations mark further steps in Zoom's journey to establish new heights for customer experiences and flexible collaboration across the workforce."

"These new innovations are yet another example of Zoom's ability to bring new solutions to life quickly and seamlessly, based on the needs of its customers," said Dave Michels, Founder and Principal Analyst at TalkingPointz. "With the introduction of Zoom Events, Zoom Contact Center, and now Zoom IQ for Sales, the Zoom platform is poised to make an impact on reimagining the customer experience, by expanding it to include the entire customer journey from marketing to sales to ongoing support "" the total customer experience."

Zoom IQ for Sales: Zoom's First Step In Conversation Intelligence
Zoom IQ for Sales is a conversation intelligence add–on for Zoom Meetings that turns customer interactions into meaningful and actionable insights, helping teams across marketing, sales, and competitive intelligence improve crucial interactions with customers. Additional benefits include:

  • Optimized efficiency: Zoom IQ for Sales increases seller productivity with automation for next steps and risk assessments, and quick search functionality.
  • Integrated: Tightly integrated with Salesforce , leading calendars, and Zoom Meetings, Zoom IQ for Sales consolidates workstreams and provides an aggregated view into conversations and opportunities.
  • Easy–to–use: Zoom's intuitive web interface makes it easy for admins to onboard users and manage their integrations and quick for users to view insights and recordings.
  • Scalable: On–demand scalability "" businesses can easily add users as needed.

Zoom IQ for Sales is now available as an add–on for Zoom Meetings customers with support for Zoom Phone coming soon. Zoom IQ for Sales is the first iteration of Zoom's conversation intelligence technology under the Zoom IQ umbrella, with potential future use cases by product, industry, and use case. To learn more about Zoom IQ for Sales, please visit the Zoom IQ for Sales page and read our blog.

Zoom Events & Webinar Enhancements: Improving the Presenter Experience
Virtual and hybrid events are crucial to a brand's marketing strategy, allowing them to connect with customers and prospects on their terms. One of the most requested features for Zoom Events, the all–in–one platform that allows brands to create virtual and hybrid experiences, has been a gathering place for speakers before, during, and after a session. To meet this need, Zoom is launching backstage, a new feature that allows panelists, speakers, and production crews to stay behind the scenes while viewing the live webinar feed, chatting with each other, answering attendees' questions, and practicing their presentations.

Zoom announced two more Zoom Webinar innovations, designed for anyone who wants to present information to a large online audience attending from anywhere in the world on any device:

  • Webinar reactions: Webinar attendees can use reactions. The stream of submitted reactions is displayed in the bottom–right corner of the main webinar window, visible to the host, panelists, and attendees.
  • Webinar session branding: Hosts can customize the appearance of the in–webinar experience by adding a wallpaper behind the video tiles, setting a common virtual background for all panelists, and providing name tags for each panelist.

Webinar reactions and session branding are available now, and Zoom Events backstage will be generally available in late April 2022. The Zoom Events' session experience is also available now on Zoom Rooms, allowing hosts and attendees to join events from Zoom Rooms appliances. To learn more about the latest Zoom Events, please visit the Zoom Events page and read our blog.

For more information on Zoom's innovations, or to watch any of the sessions from industry leaders taking place today, please visit our Work Transformation Summit page.

About Zoom
Zoom is for you. Zoom is a space where you can connect to others, share ideas, make plans, and build toward a future limited only by your imagination. Our frictionless communications platform is the only one that started with video as its foundation, and we have set the standard for innovation ever since. That is why we are an intuitive, scalable, and secure choice for individuals, small businesses, and large enterprises alike. Founded in 2011, Zoom is publicly traded (NASDAQ: ZM) and headquartered in San Jose, California. Visit zoom.com and follow @zoom.

Press Relations
Farshad Hashmatulla
Product PR Manager
press@zoom.us


GLOBENEWSWIRE (Distribution ID 8521830)

RemitBee Helping Fund Entrepreneurs One Startup at a Time

MISSISSAUGA, Ontario, April 13, 2022 (GLOBE NEWSWIRE) — RemitBee, an online money transfer and currency exchange startup's Financial Empowerment Fund, is currently accepting applications for new ventures.

The Financial Empowerment Fund was established to support entrepreneurs and fintech startups that are financially empowering people through their products or services. In essence, the investments will be made as an extension of Remitbee's own vision and mission. Through the investment fund, RemitBee seeks to improve upon insufficient access to resources, financial exclusivity and lack of tech infrastructure found across the globe.

“There are thousands of entrepreneurs and startups around the world who are looked past by traditional venture capital funds. Oftentimes these startups are creating meaningful impact in their local community and do not have the means to scale up. We are offering these companies the technical knowledge as well as financial backing to provide maximum value,” RemitBee CEO and Co–Founder Yogi Yoganathan said. “Our mission is to make a difference. Whether it's through RemitBee or through the Financial Empowerment Fund, we can help individuals and now businesses lead change in their lives and communities. I cannot be more excited about this.”

The company recently made its first investment with Sri Lankan–based FinTech platform Moneta. It made the investment during a time of great economic uncertainty in the country where inflation is at record levels. Moneta builds modern credit infrastructure to help underestimated Sri Lankans to access credit facilities using alternate credit scoring methods.

Startup companies can apply for an investment through the Financial Empowerment Fund directly on the RemitBee website. The simple application consists of nine questions for the Fund's team to review and then move on to the next step of the funding process.

For more information on RemitBee and the Financial Empowerment Fund, visit https://www.remitbee.com/venture–capital

Press Contact: Bhaneeta Chadha

Email: bhaneeta.chadha@remitbee.com


GLOBENEWSWIRE (Distribution ID 8519214)

LeddarTech Releases the Flexible and Modular LeddarEngine Designed to Reduce Costs and Accelerate ADAS and AD Sensor Development

QUEBEC CITY, April 13, 2022 (GLOBE NEWSWIRE) — LeddarTech , a global leader in providing the most flexible, robust and accurate ADAS and AD sensing technology, is pleased to announce the availability of a completely new version of the LeddarEngine software to enable and accelerate LiDAR sensor development.

The LeddarEngine sets a new standard for developing highly integrated and flexible solid–state LiDAR solutions optimized for high–volume production. This complete solution comprises the LeddarCore LCA3 system on chip (SoC) and LeddarSP signal processing.

This new version specifically introduces several new integration tiers for the LeddarEngine software and compatibility with new hardware platforms. LeddarTech is introducing a separation of the control, signal processing and point–cloud processing, which can be used independently or in combination, enabling customers to maintain greater control over their final solution.

LiDAR developers that presently have signal processing toolchains implemented for their current products will benefit from using only the control kernel for easier and faster integration of the LeddarCore into their next–generation products. Tier 1–2s, system integrators and new LiDAR makers will still benefit from the complete offering by leveraging LeddarTech's proprietary signal processing and expertise.

This version of the LeddarEngine is compatible with Xilinx Zynq UltraScale+ MPSoC, in addition to the already supported Renesas R–Car SoC. Furthermore, the porting to other platforms and operating systems is now easier than ever, thanks to this new modular architecture which improves the separation of hardware and software.

Key Benefits

  • Easier integration into existing architectures, enabling retrofit to improve cost, power consumption and size
  • Enables Tier 1–2s and LiDAR makers to leverage existing signal processing toolchain and to develop their algorithms
  • Support for new hardware platforms and easier porting to new operating systems
  • Fully scalable and modular software offering available to accelerate development and time–to–market

"Over the past 15 years, LeddarTech has been a leader in developing sensing solutions that support our customers in developing ADAS and AD products," stated Mr. Charles Boulanger, CEO of LeddarTech. "The natural evolution of our LeddarEngine powered by our LCA3 SoC and especially our proprietary modular software enables our customers to even greater flexibility in design and to accelerate their development time, leading to lower cost and a faster path to revenue," concluded Mr. Boulanger.

About LeddarTech

Founded in 2007, LeddarTech is a comprehensive end–to–end environmental sensing company that enables customers to solve critical sensing, fusion and perception challenges across the entire value chain. LeddarTech provides cost–effective perception solutions scalable from Level 2+ ADAS to Level 5 full autonomy with LeddarVision, a raw–data sensor fusion and perception platform that generates a comprehensive 3D environmental model from a variety of sensor types and configurations. LeddarTech also supports LiDAR manufacturers and Tier 1–2 automotive suppliers with key technology building blocks such as LeddarSteer digital beam steering and the LiDAR XLRator, a development solution for automotive–grade solid–state LiDARs based on the LeddarEngine and core components from global semiconductor partners. The company is responsible for several innovations in cutting–edge automotive and mobility remote–sensing applications, with over 100 patented technologies (granted or pending) enhancing ADAS and autonomous driving capabilities.

Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter, Facebook and YouTube.

Contact:
Daniel Aitken, Vice–President, Global Marketing, Communications and Investor Relations, LeddarTech Inc.
Tel.: + 1–418–653–9000 ext. 232 daniel.aitken@leddartech.com

Investor relations contact: InvestorRelations@leddartech.com
https://investors.leddartech.com/

Leddar, LeddarTech, LeddarSteer, LeddarEngine, LeddarVision, LeddarSP, LeddarCore, LeddarEcho, VAYADrive, VayaVision, XLRator and related logos are trademarks or registered trademarks of LeddarTech Inc. and its subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.


GLOBENEWSWIRE (Distribution ID 8520076)

GLOBAL MUSIC, SPORTS, MEDIA & ENTERTAINMENT HEAVYWEIGHTS INVEST $87 MILLION IN MOONPAY

USA, April 13, 2022 (GLOBE NEWSWIRE) — APRIL 13th, 2022 — MIAMI: Today, MoonPay, the leading global crypto payments infrastructure provider, announced that more than 60 influential figures and organizations from the worlds of music, sports, media & entertainment have collectively invested $87 million in the company. The strategic investors represent industries on the cusp of transformation by Web3 technology, which is changing the way creatives, artists, and athletes approach art, fan engagement, and intellectual property management.

Named investors include the following (in alphabetical order by first name):

  • Anthony Kiedis of the Red Hot Chili Peppers
  • Ashton Kutcher and Guy Oseary's Sound Ventures
  • Austin Rosen's Electric Feel Ventures
  • BLOND:ISH
  • Brent Faiyaz & Jayne Andrews,Ty Baisden
  • Brie Larson*
  • Bruce Willis
  • Connect Ventures
  • David Grutman
  • Dimitri Vegas & Like Mike
  • Diplo
  • Drake & Adel 'Future' Nur's Dreamcrew
  • Eric Eisner*
  • Eva Longoria
  • Gal Gadot
  • Gee Roberson
  • G–Eazy
  • Gibson Hazard
  • Gwyneth Paltrow &
    Moj Mahdara's Kinship Ventures
  • James Corden
  • Jamil Davis and Matt Bauerschmidt's Revels Group Ventures
  • Jason Derulo
  • Justin Bieber
  • K5 Global
  • Kate Hudson
  • Katie McGrath*
  • Kevin and Rick Yorn's BroadLight Capital
  • Kimberly Blackwell*
  • Larry Gagosian
  • Lil Baby
  • Lil Durk
  • Marc Benioff's TIME Ventures
  • Marcy Venture Partners
  • Maria Sharapova
  • Matte Babel
  • Matthew McConaughey
  • Michael Ovitz
  • Mindy Kaling*
  • Nancy Twine*
  • Palm Tree Crew
  • Paris Hilton
  • Paul George
  • PLUS Capital
  • Post Malone
  • Questlove*
  • Ryan Tedder of One Republic
  • Sam Feldt
  • Scooter Braun
  • Shailene Woodley*
  • Shawn Mendes, FEWOCiOUS & Andrew Gertler's AG Ventures
  • Shay Mitchell
  • Snoop Dogg & Nick Adler, Karan Wahder, Champ Medici
  • Stacey Bendet*
  • Steve Aoki & Matt Colon
  • The Chainsmokers' Mantis VC
  • The Weeknd & Amir "Cash" Esmailian
  • Trina Spear*
  • Yara Shahidi, Keri Shahidi, Afshin Shahidi*
  • Zoe Saldaa*

* Kinship Ventures LP

From Entertainment:

“NFTs and Web3 technology will revolutionize the business of entertainment," said Michael Ovitz, co–founder at CAA, and former President at The Walt Disney Company. "Consumers are seeking new ways to consume entertainment and engage with their favorite creators "" and the creators themselves want different ways of owning and sharing their creative output. MoonPay is helping to power that change as it lowers the barrier of entry to the crypto economy, and I'm excited to join them on that journey."

“Web3 is inspiring the entertainment industry, and commerce in general, to reimagine the way we create community, connect with fans, build value and manage intellectual property,” said Gwyneth Paltrow, Co–Founder of Kinship Ventures. "We are excited to invest in MoonPay because we believe their technology is best positioned to make participating in cryptocurrency more accessible."

"Crypto and NFTs are critical components in the growth and development of the creator economy," said Guy Oseary, Co–Founder of Sound Ventures. "As creators more consciously carve out their space and communities in Web3, MoonPay's innovative platform is a bridge between the status quo and the future. MoonPay is an accelerator for industry–changing ideas, and I'm excited to see what comes next."

From Sports

"In the ever–changing sports landscape, it's important to keep an eye toward the future," said Paul George, seven–time NBA All Star and Olympic Gold Medalist. "Crypto and NFTs will be key to maximizing the business of professional sports as we look ahead, and I'm excited to be a key contributor as one of MoonPay's strategic investors."

From Music

"NFTs and Web3 are the next frontiers of where music is going," said Steve Aoki, Grammy–nominated DJ, producer, and founder of A0K1VERSE. "Whether you're a musician or a creator, this technology will expand your reach and the way you connect with fans more deeply. It won't be enough to release new drops and hope it works; you've got to be way more participatory. Web3 makes that possible. I'm excited to invest in MoonPay because I think they will play a vital role in moving all of this forward."

"Web3 is radically changing the way we approach the business of entertaiment, sports and music," said Ivan Soto–Wright, CEO and Co–founder of MoonPay. "Hollywood is using smart contracts and blockchain technology to assert their creative intellectual property rights. Major global sports franchises have used digital tokens and NFT collectibles to transform fan engagement. And recording artists are beginning to explore how NFTs can give them more control over royalty rights. These are the underpinnings of a creator economy renaissance. And our strategic investors are helping to lead that movement. We're honored to work with them to help onboard the world to Web3."

Notes to Editors

MoonPay's suite of payments infrastructure products provides a seamless way for people to buy and sell cryptocurrencies and NFTs. It brings the easy–to–use experience consumers have come to demand from traditional e–commerce to Web3. Ten million customers across 160 countries have processed close to $3 billion in transactions on the MoonPay platform through more than 250 partner sites, including Bitcoin.com and OpenSea.

MoonPay's $555 million Series A financing round led by Tiger Global Management and Coatue with participation from Blossom Capital, Thrive Capital, Paradigm, and NEA valued the company at $3.4 billion. The funding has allowed MoonPay to grow its global footprint through new products like NFT Checkout and MoonPay Concierge, and through new partnerships with leading organizations like OpenSea, Michael Jordan's "Heir Jordan," Tom Brady's Autograph, and FaZe Clan.

About MoonPay

MoonPay is the world's leading global crypto payments infrastructure provider. Leading marketplaces worldwide are providing their users with a simpler way to buy and sell NFTs using MoonPay's industry–first NFT Checkout solution, which allows the purchase of NFTs instantly with a credit or debit card. The company is active in more than 160 countries and is trusted by 250+ leading wallets, websites, and applications.

For more information, visit: https://www.moonpay.com


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