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ToolsGroup Announces Significant Enhancements To Its Industry-Leading Demand Planning Solution

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, has announced the latest version of its Service Optimizer 99+ (SO99+) software, making major advancements in its forecasting and demand sensing capabilities. This is just the latest of the company’s significant strides towards making supply chains a force for good by helping organizations guarantee service, reduce excess stock, and increase profits. “ToolsGroup SO99+ improved the accuracy of our forecasts for slower moving items by 5-10%,” said Sarah Voorhees, Vice President of Demand and Inventory Planning at American Tire Distributors. “Better probabilistic forecasts translate into better fulfillment, helping us reduce inventory, carry less safety stock, and increase revenue through fewer stockouts.” With the release of v8.60, ToolsGroup aims to further improve customer experience and supply chain performance with expanded capabilities that now deliver: - A New Product Introduction (NPI) Dashboard that provides an interactive display for SO99+ NPI forecasting. The dashboard enables immediate what-if scenario planning for all the attributes that may impact the performance of a new product introduction, a deeper understanding of the variables that affect the success of a new product launch, and the rationale supporting the projections for the launch forecast. - Automatic Forecast Model Backtesting that eliminates the typically time-consuming, manual calibration process of configuring, defining, and simulating forecast models, delivering significant forecasting accuracy improvements nearly automatically. - Re-Forecasting Based on Pre-orders that empowers users to incorporate actual orders into probabilistic forecasts to better determine future demand, improving short- and medium-term forecast accuracy while enabling customers to respond quickly and proactively to market changes. - Machine Learning Speed and Accuracy Enhancements, thanks to the implementation of new light gradient-boosting machine functionality (LightGBM) into the SO99+ machine learning engines. By incorporating this advanced modeling technique, SO99+ delivers unmatched machine learning scalability and results, ensuring faster processing and major forecast accuracy improvements. - Flexible Forecast Aggregation that simplifies demand planning by allowing demand teams to plan at the aggregate level, while retaining the variables and details necessary for accurate supply planning processes. This ensures higher-quality, more flexible forecasts because SKUs are no longer restricted to a single hierarchical view. “As businesses continue to face significant disruptions across their supply chains, new challenges are constantly rising to the forefront. Demand planners need to be able to act quickly and decisively,” says ToolsGroup CEO, Inna Kuznetsova. “With this release, we have improved the power of our demand planning and demand sensing abilities in SO99+ and further enable our customers to navigate uncertainty and make the most informed planning decisions faster. More accurate forecasts translate into less waste and greater customer satisfaction, making supply chains a force for good in demand.” These exciting new capabilities add to the industry leading innovations in SO99+ which include: - Probabilistic Forecasting that combines historical, real-time, and other demand-relevant data into an probabilistic model that determines the possibility (and likelihood) of a range of outcomes, accounting for risk and enabling greater planning dexterity. It seamlessly self-adjusts to a wide variety of demand behaviors, generating optimal forecasts in uncertain demand scenarios. - Demand Sensing that helps users better leverage granular data to capture changes in the market before they happen, ensuring proactive adjustments in demand planning and lower downstream latency while still delivering optimal service levels, ensuring fewer lost sales and increased revenues. - Self-Adaptive, Frequency-Based Forecasting that effectively forecasts both fast-moving items and products with intermittent demand by capturing network-wide changes and events and accounting for both order size and order frequency, delivering the most accurate forecast available. - Machine Learning Engines that are mapped to every unique attribute that can affect a forecast, from seasonality and promotions to causals and external factors, ensuring the most accurate and robust forecasts on the market. With SO99+, ToolsGroup provides the power of dynamic planning to over 365 customers across 45 countries, enabling intelligent decision making at the speed of business that transforms supply chain performance. Customers report a 5-10 percentage point improvement in forecast accuracy and a 3-5 percentage point increase in service levels while simultaneously achieving a 20-30% inventory reduction. Built-in automation cuts the planning workload by up to 90% and helps companies reduce waste by 10-30%. For more information about SO99+, read our blog on the 8.6 release HERE. ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of fast, intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

February 28, 2023 10:30 AM Eastern Standard Time

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HomeRoots Partners with Kuehne+Nagel to streamline Transportation and Fulfilment Options for Customers

Homeroots

FEB 27, 2022 – HomeRoots, a B2B e-commerce furniture and home decor platform, announced today that it has formed a partnership with Kuehne+Nagel, one of the world’s largest freight forwarding company. This partnership will allow HomeRoots’ customers to purchase competitive container and air freight services that include a comprehensive one-stop solution to quoting, booking, and tracking freight services. This partnership will help facilitate HomeRoots need for speed in getting goods to market, but also helps HomeRoots offer low carbon shipment options for a more sustainable future. “Our customers, especially mid-size independent hoteliers expect more efficient ways to purchase Furniture, Fixtures and Equipment. They want a B2B online experience that is just like shopping for their own homes. Collaborating with HomeRoots allows Kuehne+Nagel to take a boutique logistics service offering to next level, while increasing opportunities for HomeRoots beyond the typical retail business.” says Holger Altvater; Global Head of Hospitality Logistics. Gil Bar-Lev, CEO of HomeRoots said that “HomeRoots' partnership with Kuehne-Nagel puts the two companies ahead of the competition. There are very few selling platforms that provide logistics solutions on such a scale. The opportunity to work with Kuehne-Nagel is exciting for multiple reasons. HomeRoots' partners will be able to benefit from efficient logistics solutions via Kuehne+Nagel solid network, its leading market position and sustainable product portfolio.” This also allows manufacturers and factories that did not have the capabilities or the know-how, to enter the U.S. market. Conversely, Kuehne+Nagel existing customers who are currently importing furniture and home décor items will can collaborate with an even larger sector of customers that includes HomeRoots ever growing U.S. based sales channel of customers. According to Reuters, 70% of U.S. economic activity results in merchandise derived from ocean container shipments. Many of these shipments are plagued with difficulties, delays, and lack of transparency that make international exchange difficult. Bar-Lev said “Our goal is for our customers who order containers to be able to do so by adding items to their cart on the HomeRoots platform and completing checkout like the end consumer ordering grocery items. The existing process which is highly complex and high touch will be completely transformed. This is a real game-changer.” “Kuehne+Nagel allows us to bring direct access to the next evolution of premier freight service and options to our customers and suppliers” said Diane Narwid, VP of Merchandising from HomeRoots. We relish the opportunity to help ease the pain points our customers and factories might be experiencing in terms of getting goods safely, quickly, and competitively into the US. This partnership will play a valuable role in allowing HomeRoots to be the ultimate one-stop-shop for B2B online sales of furniture and home decor products, but also open doors to additional industry and logistics brokering opportunities. About Kuehne+Nagel With over 80,000 employees at almost 1,300 locations in over 100 countries, the Kuehne+Nagel Group is one of the world's leading logistics companies. Its strong market position lies in sea logistics, air logistics, road logistics and contract logistics, with a clear focus on integrated logistics solutions. About HomeRoots HomeRoots is the market leader in B2B sales of Furniture, Home Decor, Rugs, & Lighting products. HomeRoots offers an ever-growing e-catalog of products IN STOCK and ready to ship to your location or direct to your customer. HomeRoots customers range from interior designers and hospitality projects to small and large e-commerce/brick and mortar retailers. HomeRoots mission is to offer an unparalleled breadth of assortment at competitive pricing and to make the B2B online shopping experience as easy as the B2C online shopping experience. For more information, please visit https://www.homeroots.co/ Contact Details HomeRoots Diane Narwid +1 862-203-8249 contactus@homeroots.co Company Website https://www.homeroots.co/

February 27, 2023 11:38 AM Eastern Standard Time

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NAFA APPOINTS 2023 BOARD OF DIRECTORS

NAFA Fleet Management Association

NAFA Fleet Management Association (NAFA), the vehicle fleet industry’s largest membership association, has announced the appointment of its new Board of Directors, led by chairman Mike Camnetar, CAFM, Fleet Services Manager for General Mills Inc. Members serving on NAFA’s Board of Directors come from a variety of industries and companies, representing cities, software and technology companies, foodservice groups, health corporations and more. “I am thrilled to be taking on the role of Board President for NAFA, and am looking forward to working alongside such an experienced and accomplished group of fleet industry professionals,” says Mike Camnetar, CAFM. “Together, we are excited to continue our focus on advancing the interests of the fleet and mobility profession, and we look forward to what this next year will bring.” The following individuals sit on NAFA’s 13-member 2023 Board of Directors: President: Mike Camnetar, CAFM – Fleet Services Manager for General Mills Inc. Immediate Past President: Raymond Brisby, CAFM – Manager, EMS Fleet Operations for Alberta Health Services Senior Vice President: Maria Neve – Vice President of Electrification & Sustainability for Wheels Donlen LeasePlan Vice President: Kevin Fisher, CAFM – Director of Commercial Fleet Solutions for Induct EV Secretary/Treasurer: Beth Cooley – Director for the Commonwealth of Virginia Office of Fleet Management Clyde Collins, CAFM, Member – Fleet Maintenance Supervisor for Prince William County Service Authority Al Curtis, Member – Fleet Director for Cobb County, GA Government Fleet Management Kenneth Jack, Member – Vice President of Fleet Operations for Verizon Robert Martinez, Member Amy McAdams, CAFM, Member – Fleet Manager for Farmer Brothers William McCarty, Member – Director of Office Budget & Management for the City of Springfield, IL Bob Mossing, Member – Director of Global Fleet Administration for STERIS Corporation Steven Saltzgiver, CAFS, Member – Fleet Success Senior Advisor for RTA Fleet Management Software NAFA is pleased to welcome these expert fleet professionals and skilled individuals to the 2023 Board of Directors. Their dedication to the fleet and mobility world inspires innovation, creates progress and truly keeps the industry moving. For more information on NAFA, visit: https://www.nafa.org/ About NAFA Fleet Management Association NAFA Fleet Management Association is the membership organization for professionals who manage the mobility requirements of vehicle fleets that include commercial, public safety, trucks, and buses of all types and sizes, and a wide range of military and off-road equipment for corporations, governments, universities, utility fleets, and law enforcement in North America and across the globe. NAFA’s members are responsible for the specification, acquisition, maintenance, repair, fueling, risk management, and remarketing of more than 4.8 million vehicles that drive an estimated 84 billion miles each year. NAFA’s members control assets and services well above $122 billion each year.For more information, please visit www.nafa.org, and communicate with NAFA on LinkedIn, Facebook, and Twitter. Contact Details NAFA Fleet Management Association Colleen Gallagher +1 315-447-2331 cgallagher@onwrdupwrd.com Company Website https://www.nafa.org/

February 23, 2023 05:41 PM Eastern Standard Time

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Belcorp’s Supply Chain Gets a Makeover with ToolsGroup’s Supply Chain Planning Solutions

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, has been selected by Belcorp, a beauty corporation, to improve its supply chain planning practices for enhanced inventory performance and elevated service levels. A multinational corporation with 55 years of experience in the beauty industry, Belcorp seeks to promote beauty and inspire personal fulfillment through its brands ésika, L'Bel, and Cyzone, serving millions of people throughout Latin America. “Our primary goal is delighting our customers and providing products they can feel good about. That’s why we seized this opportunity to adopt a process that would streamline the consumer experience while also safeguarding our financial expectations,” says Nicolas Frasquet, Corporate Procurement Executive Director. “ToolsGroup’s suite of solutions will enable agile, high-level decision making and minimize our environmental impact by reducing and properly positioning inventory across our network. Plus, the ToolsGroup team’s expertise and open communication prove we can depend on them to be an engaged partner as we refine our supply chain operations.” Belcorp wanted to increase customer satisfaction while boosting profitability and reducing inventory. This required right-sizing inventory levels and improving stock positions throughout its network. Belcorp’s search for a world-class supply chain planning solution led to the selection of ToolsGroup Demand Planning, Multi-Echelon Inventory Optimization, and Replenishment. Thanks to automation and powerful statistical, optimization and heuristics algorithms, this planning suite untangles complexity and calculates optimal stock targets, decreasing the amount of on-hand inventory and positioning it where it can best fulfill demand, resulting in minimal working capital investment and increased service levels. “Every supply chain decision a company makes either supports its priorities or endangers them,” says ToolsGroup CEO, Inna Kuznetsova. “This is why next-generation supply chain planning solutions play a pivotal role in customer experience, profitability, and sustainability, allowing companies to navigate uncertainty with speed and accuracy. We want to make the supply chain a force for good, and that begins with conscientious companies like Belcorp who are ready to adopt these new technologies, maximizing supply chain efficiency and business performance while reducing carbon footprints.” Learn more about ToolsGroup's automated Demand Planning and Forecasting technology. About Belcorp Belcorp is a corporation with 55 years of experience in the beauty industry, operating under the direct sales model. The company promotes beauty to achieve personal fulfillment through its brands ésika, L’Bel and Cyzone, generating a positive impact on millions of people in the Americas, with a network of more than 840 thousand independent beauty consultants in 14 countries. ToolsGroup’s innovative AI-powered solutions enable retailers, manufacturers, and distributors to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making, and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

February 23, 2023 10:15 AM Eastern Standard Time

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Clear Vision Impact Fund Announces Latest Round of Investments

Siebert Williams Shank

Since its final closing in March 2022, the Clear Vision Impact Fund (Clear Vision or CVIF) has provided loans to minority-owned businesses across the U.S. It has originated loans to seven portfolio companies, including two new investments that closed last month. "The Clear Vision team embraces the opportunity to provide liquidity and growth capital to small and mid-sized businesses that serve communities in a manner that is consistent with our impact mission," said Christopher J. Williams, principal of Clear Vision’s general partner and Chairman of Siebert Williams Shank & Co., LLC. "We are energized that our portfolio companies, which span a range of industries, strive to save jobs and increase job training among underserved communities." "The CVIF loan played a critical role in P&THE Manufacturing Acquisition’s first acquisition of Ross Aluminum. We had to work expeditiously in closing the deal, condensing a timeline that would normally take four to five months down to six to eight weeks at the behest of the previous owner,” said Pancho Hall, CEO and Chairman of P&THE Manufacturing. “Thanks to the professionalism, accuracy, and pure determination of all responsible parties, we were able to finalize the loan and close on this amazing opportunity, which positions us to capitalize on our strategy to gain a collection of world-class enterprises that serve global communities as their minority-business enterprise of choice." “The asset management business needs a big funnel to find innovative solutions that impact the broader society,” said Dabo Horsfall, Founder and CEO of Tensile Investments. “CVIF has been a true growth partner; their approach to investing is fair, their feedback is constructive, and their approach to partnership is genuine. CVIF has supported Tensile’s mission to provide clean mobility solutions that improve the lives of ALL people while developing electric vehicle charging infrastructure in a profitable manner.” “Valeo Networks teamed with the Clear Vision Impact Fund in October 2021 for the purpose of growth through acquisition. As our financing partner, Clear Vision has fueled our acquisition growth, allowing us to double in size by funding three acquisitions in our first year of partnership, making Valeo Networks one of the 50 largest Managed Security Service Providers (MSSPs) in the United States,” said Travis Mack, CEO and Chairman of Valeo Networks. “Clear Vision has been very flexible and worked closely with Valeo to gain a detailed understanding of our business model and acquisition strategy, which helps us to be nimble and efficient during acquisition. We look forward to continuing to work with Clear Vision and continuing our growth to more than $50 million annual revenue over the next 2-4 years to become one of the 10 largest MSSPs nationwide.” “The Clear Vision Impact Fund partnered with Medi-Fare in the immediate aftermath of the COVID-19 pandemic. Whether it is collaborating on enhancing our business through new client targets, crafting impact strategies to increase local hiring, or producing marketing materials, the Clear Vision team has never viewed a task as too small. We look forward to its continued support in 2023 as Medi-Fare scales its production capacity,” said Artis Terrell Jr., CEO of Medi-Fare Drug Pharmaceutical Compounding. “At CVIF, we have been fortunate in continuing to source unique opportunities to support diverse entrepreneurs and investors that not only share our passion for positively impacting underserved communities, but also demonstrate that impact and financial performance are not mutually exclusive,” said Kyle C. Sligar, Chief Credit Officer and Portfolio Manager of the Clear Vision Impact Fund. We look forward to deploying more customized debt solutions for both existing portfolio companies and new prospects as they execute on their growth initiatives.” In addition to providing financing, Clear Vision aims to support portfolio companies by working with them to define and execute on their impact goals, evaluating proposed operational improvements and strategic initiatives, and introducing them to prospective customers and partners, among other things. To date, Clear Vision has provided loans to seven African American-owned businesses, several of which are detailed below. P&THE Manufacturing, headquartered in metro Detroit, is a minority-owned holding company comprised of businesses that provide manufacturing solutions. It differentiates itself in the marketplace as a true owner operator who has experience working in and managing businesses at the senior level ranging from the lower middle market to Fortune 100 companies. Learn more at www.rossal.com. Tensile Investments is an impact driven holding company that provides clean mobility options in transit deserts. It develops smart mobility hubs and funds clean first-last mile transportation. Tensile Investments partners with municipalities and private property owners to create smart mobility hubs by modernizing parking lots and garages to provide electric vehicle (“EV”) fleet parking and charging, electric micro-transit services, clean distributed energy services, public EV charging, and electric micro-mobility services. Learn more at www.tensileinvestments.com. Medi-Fare Drug Pharmaceutical Compounding is a minority-owned 503B pharmaceutical compounding facility registered with the Federal Drug Administration as an Outsourcing Facility. Medi-Fare serves as a partner to hospitals and other healthcare providers to supply much needed medications to help improve positive outcomes for their patients and fulfill the need for the ever-growing number of medicines in shortage or backorder situations. Headquartered in Blacksburg, South Carolina, it serves a range of medical facilities and acts as a health care partner for hospital systems, surgery centers, clinics, and doctor’s offices. Learn more at www.medifaredrug.com. Valeo Networks is a full-service, award-winning Managed Security Service Provider (MSSP) that serves state, county, and municipal markets; small-to-medium businesses; and non-profit organizations. Firmly seated in the top 5% of revenue generating MSSPs nationwide—making it one of the largest MSSPs nationally—Valeo Networks provides solutions in the areas of cybersecurity, compliance, cloud, network infrastructure, and managed IT services. With over 20 years of industry experience, Valeo Networks is headquartered in Rockledge, FL, with additional locations nationwide. Learn more at www.valeonetworks.com. A-1 is an established and fast-growing disaster-response company which provides on-demand resources, services, and logistics during catastrophes. Services include large-loss restoration services, commercial construction, staffing, restoration equipment rental & monitoring, as well as time and material documenting and preparation during natural disasters such as hurricanes, tornadoes, and freezing and flooding events that cause property damage. Headquartered in Charlotte, North Carolina, A-1’s extensive experience and seasoned personnel have allowed it to create a first-of-its-kind national network and partnership program that brings together service providers, supplies, equipment, and labor. Learn more at www.a1disasterresources.com. About the Fund SponsorClear Vision’s sponsor is an affiliate of Siebert Williams Shank, a leading non-bank financial services firm serving clients across industries and asset classes. It is both a minority-owned and women-owned enterprise. SWS Capital Management, an investment adviser affiliated with Siebert Williams Shank, serves as Clear Vision’s investment manager.To learn more about Clear Vision’s closings or investment portfolio, please visit www.clearvisionimpact.com. This press release (“Press Release”) is being published for informational purposes only regarding Clear Vision Impact Fund (“Clear Vision” or “CVIF”). One should not assume an investment in any of the described companies was or will be profitable. The companies listed in this Press Release do not represent all CVIF’s investments. All opinions, estimates and forecasts are based on information as of the date of this Press Release and are subject to change. Certain information contained in this Press Release constitutes “forward-looking statements,” which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “anticipate,” “target,” “project,” “estimate,” “intend,” “continue” or “believe,” or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties, actual events or results may differ materially from those reflected or contemplated in such forward-looking statements. CVIF has not vetted the companies’ websites and CVIF’s provision of the companies’ website links should not be considered an endorsement of the information presented there. Contact Details Tom Butler +1 646-213-1802 TButler@ButlerPR.com Christian Agredo +1 646-213-0286 CAgredo@ButlerPR.com Company Website https://www.clearvisionimpact.com/

February 22, 2023 09:30 AM Eastern Standard Time

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Pyxis Tankers expects "a lot of demand kicking in" in Q2 2023

Pyxis Tankers Inc

Pyxis Tankers Inc (NASDAQ:PXS) chairman and CEO Valentios (Eddie) Valentis and chief financial officer Henry Williams speaks to Proactive's Thomas Warner about what investors can expect from the business and the wider refined oil product tanker market in the coming months. Valentis says that he expects "a lot of demand kicking in" during the second quarter, supported by several factors including heavy sanctions on Russia's product tanker fleet. Contact Details Proactive United States Proactive United States +1 347-449-0879 action@proactiveinvestors.com

February 22, 2023 07:11 AM Eastern Standard Time

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Minuteman Press Franchise in Tigard, Oregon Celebrates 35 Years and Transitions to Second-Generation Ownership

Minuteman Press International Inc

Bob and Ruth Davidson first opened their Minuteman Press franchise in Tigard, OR (a suburb of the Portland, OR greater metro area), in December of 1987. After 35+ years of hard work and dedication to their clients and their community, Bob and Ruth are ready for their next chapter and have made way for the next generation of owners. Bob and Ruth also just recently renewed their franchise agreement for the next 35 years. Their son Craig Davidson with his wife Carolyn and longtime manager Christopher Brown with his wife Lisa, have purchased the business as of February 1, 2023, and are continuing with Minuteman Press as a strong, viable and supportive franchise model, that has been one of the key components to the long-term success of this location. Minuteman Press in Tigard is located at 7555 S.W. Hermoso Way, Tigard, OR 97223. Bob reflects on 35 years of ownership, sharing his keys to success and longevity, growing the family business, and why the future is bright for Minuteman Press in Tigard. Congrats on your incredible 35 years in business! What does this milestone mean to you? Bob Davidson: “ Life is a series of changes and this is one of them. Frankly, it is time for the next generation to have their opportunity to build on, and create, their own success story. And, it is past time for Ruth and I to enjoy some of the rewards that we have been blessed with, by the success of our business.” What are 4 keys to your success and longevity? Bob Davidson: “FIRST: Ruth and I thank God for his blessing on us in this endeavor. My prayer at the time of starting the business was: ‘ God, I am not the smartest guy in the world, so please open the doors if it is in your will, or if not, hit me over the head with a brick to get my attention.’ SECOND: I would have to say without any qualification, my wife, Ruth. When we first started our business, we were 37 years-old and I left a nearly 20-year seniority position with a national trucking company as a Teamster employee truck driver. Which also meant that I gave up a union scale wage rate, with medical and retirement benefits. Ruth at that time, was a full-time homemaker to our two children. She has stood beside me as a full partner, and fully supported the decision to start our own business. But we honestly and freely admit, it was a decision and a concern to us both. She worked just as hard as I in the business every day. Her 51% ownership and my 49% ownership enable us to qualify as both a ‘Woman-owned’ and ‘Veteran-owned’ business due to my military service. So far, Ruth hasn’t fired me, although I am sure that the thought has come to her mind on occasion! Our primary roles in the business gradually formed over time, with Ruth managing the office and all that entails and also the bindery portion of our business. I was the salesman, customer service and vendor liaison for outside services and supplies. THIRD: Would be the advice, support and assistance of the Regional Minuteman Press staff and also the other local Minuteman Press owners in the area. Their advice, suggestions, guidance, experiences, help and information were of great value in our beginning years. FOURTH: This would of course be our customers. We obviously would not exist without them. While we have ‘busted our tails’ to serve them over the years, they have in turn been incredibly loyal. We still have customers today, that initially became customers in our first year of business. We are thankful for them. BONUS TIP: My advice on customer acquisition? Take anything that comes your way. But, know that your fellow, small, local businesses, will be your most loyal and long-term customers. They will be your most consistent support and strength through the years. It is ‘sexy’ to acquire a larger nationally known corporation as a client, but they typically do not last. A new purchasing agent will come in, some other shop beats your price by a percentage point or two, or they close the local office or HQ and move away. All of the above have been my experiences. Enjoy the large companies while they last, but don’t wrap your business around them.” You have just renewed your franchise agreement for the business transition. What does it mean to you, knowing the business will stay in the family and remain in great hands? Bob Davidson: “It means a great deal to us, to be able to see what my wife and I have built over the years, continue on into the next generation and chapter. We have been blessed, in having Craig and Christopher both with us for so long. That has allowed for a gradual and nearly seamless transition. For the past two years, Ruth and I have been gradually turning over more and more of the management and decision-making to ‘the boys’ as we call them. They have made all of the equipment purchases and hiring decisions for the past 2 years. They have also attended the past 2 Minuteman Press World Expo Conventions. Also, if Minuteman Press HQ was not the company that it has been, there would have been no reason for us to renew our franchise agreement. What do I mean by that, you might say? Our experience has been one of excellent, ongoing support in all aspects from Minuteman Regional & HQ. We truly appreciate their business franchise model; their ongoing support, the network of ‘Preferred Vendors’; and their early adoption of computerized pricing, which has evolved into the FLEX program that does so many functions today that were not even dreamed of 35 years ago. All these and more make a great package and a desirable business model to follow and continue with. And then there is the family aspect, not only mine, but also the Titus family. It had been my privilege to know the founder, Roy Titus. And then to also know his son Bob Titus and now Nick and Jackie Titus, as they have all ‘grown up’ in the business and taken on their leadership roles. What is most impressive to me is that they have all been ‘just folks’ … unpretentious and unassuming, kind and caring, and have become personal friends. They have never lost sight, now through three generations, that they are stewards of an amazing corporation, that while it first and foremost is a major business, it also at the same time cares for and treats everyone like extended family. Minuteman Press International also makes sure to recognize individual achievement. It is only human to be gratified, when our best efforts are recognized by others. Minuteman’s system of recognition for various sales levels, marketing, print quality, shop appearance and other awards, are all appreciated as tangible markers of various achievements. As a 25-year (now retired) veteran of the Army, I see many parallels to Minuteman’s system of such recognition, to the military’s awards of ribbons and service medals for exemplary service.” What does the transition mean for your customers? Bob Davidson: “I jokingly say that this transition means ‘ nothin g’ to our customers. That is because unless they ask, the vast majority of our clients won’t even know right away, that Ruth and I have stepped back. But it also means ‘ everything ’ to them with regards to their printing needs. I have every confidence that Craig and Christopher will continue in the same manner of excellent quality and service that we have provided up to this point. It means that between our production efforts and that of our vendors and everyone else behind the scenes, that our customers will continue to receive a top-quality product, that is consistent, timely, and fairly priced, every time. And if for some reason it isn’t, we make it right, no questions asked.” What are some of the key ways you’ve grown your business (products, marketing, networking, etc.)? Bob Davidson: “Well, the short answer is ‘ Yes ’ … all of the above. PRODUCTS: Through Minuteman HQ’s urging, guidance and vendor connections, we have branched out into many areas that we previously did not do, or consider. Mailing services, checks and deposit slips, signs and banners, promotional products, clothing / wearables. All of these are later additions to our original business model. MARKETING: When we initially began in 1987, marketing was almost exclusively ‘cold calls’ on local businesses. The follow-up was a 3” x 5” Index Card file that was sorted by ‘call back’ dates (which I still have). That and the Yellow Page ads were your two primary sources for getting your name out. Now, digital is the primary method and our Google Reviews rating of 4.9 stars along with the reviews posted there, are critical. A frequent response from new customers when we ask, ‘How did you hear about us?’, is almost always our high Google standing. Following that would be that they received a referral from another customer. NETWORKING: Do it! We have many, many customers that have come to us through our contacts in Rotary, our local Business Leads group (LeTip) and several local Chambers of Commerce. Some of those customers are among our largest accounts.” What are the high-demand products and services as well as growth areas? Bob Davidson: “Digital and offset printing are still the core tenants of our business. All other services are either in support of those, or a supplement to rounding out the main portion of that business. Our overall business mix is still approximately 1/3 offset, 1/3 digital and 1/3 outside services of all types. Digital printing is the fastest growing segment of our business.” How would you best describe your community? Bob Davidson: “Tigard is a bedroom community of the Portland Metro area. There is a good mix of local businesses of all types, small manufacturing, distribution and warehousing. It is a growing area, as many businesses are leaving the downtown core as the switch to ‘remote’ work continues. Tigard is both a residential and business community, with a healthy mix of both.” Why do you think printing remains so vital to businesses today? Bob Davidson: “People respond well to a tangible, physical piece that you can hold in your hand. It also has a tendency to be saved, whereas a digital ad piece is quickly passed by and forgotten.” What was your background before franchising and why did you choose Minuteman Press? Bob Davidson: “I was a local pickup and delivery driver for a national truck line for nearly 20 years. At the same time, I was also an Enlisted man and then Officer in the Oregon Army National Guard. I had 4 years of active duty and 21 years of National Guard service time as a reservist. Ruth was primarily a homemaker, with our two children. In the late 1980s, it was a time of great turmoil in the transportation industry – trucking, railroads and airlines, due to deregulation. Many of those businesses either merged or closed. That was cause for concern to me as I was in the trucking industry as my primary job. I and a friend of mine went to a local business fair in the summer of 1987. Of the many business ‘opportunities’ presented there, the one for Minuteman Press was the only one that seemed to have it ‘together’. Their presentation was easily understandable, well-organized and made sense. I then began to do the follow-up process of visiting existing shops. Minuteman Press also made it easy to go through all of the multitude of steps in opening a new business, such as the training, equipment, securing a location, and the initial opening and marketing phases.” What has the support from Minuteman Press International been like for you? Bob Davidson: “ TRAINING: Ruth and I went thru the 2-week training course at Minuteman HQ in New York. And when my son Craig first came to work for us, we sent him to the New York Minuteman School, so that he would also have that base training and experience. SUPPORT: As a ‘mature’ shop of 35+ years, we seldom have a need to call on either the Regional or National offices. But when we have, they have always been responsive and helpful. This would also be the appropriate time to extend our ‘ THANK YOUS!’ to Chris Jutt, Jason Kraus, Chris Multari, Mike Jutt, and Brendan Reilly for their ongoing support and responsiveness, anytime that we have had a question or an issue. When we have made major equipment purchases (recently high-speed Digital Printers, a new Challenge 30” Programable Cutter), we have received advice and support from HQ, as well as getting favorable Minuteman Press pricing. FLEX: A great program that does so very much. It is light years beyond the first computer program that we started with.” What are the biggest personal and professional rewards of owning your business? Bob Davidson: Having some control of your own future, but my joke is: ‘ I have no deadlines of my own, my customers provide them all.’ I also find it to be rewarding to be doing something that you enjoy or find satisfaction in. Every day is both the same, and yet different, as every job is unique in some way. The challenge of the coordination of a multitude of various aspects, personal, equipment and vendors, to bring a job to completion. I sometimes liken it to a conductor directing an orchestra, to bring a complete item out of many parts. When things ‘go south’ as they sometimes do, making a solution happen in some different way.” What advice would you give to other business owners or people looking to own a business? Bob Davidson: “If you never try, you will never know if you could have done it. Be bold. Join a service organization, business group and local chambers and PARTICIPATE. People do business (and refer others who they know) with those that they know and trust. Attend the regional meetings and learn from Minuteman Press and your fellow owners. Attend the World Expos and learn even more and be boosted up by your shared experiences. Follow the Minuteman Press program and advice as much as is possible. You paid for it, and it works, so use it.” Is there anything else you’d like to share? Bob Davidson: “I’d like to share a famous quote from Winston Churchill, which is also the attitude of those of us who have served in the military: ‘Never give in. Never give in. Never, never, never, never – in nothing great or small, large or petty – never give in………’” Minuteman Press in Tigard is located at 7555 S.W. Hermoso Way, Tigard, OR 97223. For more information, visit their website: https://minuteman.com/us/locations/or/tigard/ Learn more about #1 rated Minuteman Press franchise opportunities and read Minuteman Press franchise reviews at https://minutemanpressfranchise.com. Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

February 21, 2023 11:00 AM Eastern Standard Time

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People Hub Puts the Employee Experience at the Heart of NAVEX One

NAVEX Global

NAVEX, the leader in integrated risk and compliance management software, today announced the launch of People Hub, a key component of the NAVEX One Governance, Risk, and Compliance Information System. People Hub combines employee-related compliance tasks into a single view for both employees and program administrators. It delivers a streamlined experience that simplifies and elevates the organization’s compliance program. As part of the NAVEX One platform, People Hub is included at no extra cost. NAVEX is the first provider of a GRC Information System that connects enhanced employee experience and automated risk and compliance processes with informed data-driven governance. NAVEX One People Hub is a single destination for all employee compliance tasks -- from onboarding new talent and reviewing the code of conduct to developing and executing more complex compliance workflows. People Hub also recognizes how work gets done today, and therefore is accessible on any device from desktop to tablets and mobile phones. “Organizations are navigating multiple macro trends impacting business risk, including increased employee expectations for greater transparency and being heard by management,” says Amy Cravens, IDC research manager, governance, risk and compliance. “Enhancing how an organization manages its risk and compliance, starting with the front-line employees, is a key element to driving operational and business success.” "Having everyone live into the organization's GRC program demands a unified, familiar user experience. NAVEX One People Hub makes this straightforward and intuitive for employees and administrators alike," said NAVEX Chief Product Officer, A.G. Lambert. "People Hub creates a central location where all compliance tasks are easily accessed and completed, allowing employees to be proactive when it comes to their compliance responsibilities. This in turn contributes to a workplace culture that delivers outcomes that matter most to the organization." Employee experience People Hub makes compliance readily understandable and more approachable by simplifying processes. It ensures team members stay up to date with their compliance-related activities while strengthening workplace culture with a more individualized and engaging experience. See unique tasks: People Hub presents new employees with a personalized onboarding experience with all their compliance tasks in a single, simple list that ensures they take prompt action and stay on track. Make a report or ask a question: Team members can file a report or incident, ask a question and follow up on their case in a safe inviting format. Review a policy or make a disclosure: People Hub makes it easy to access applicable policies and record past actions. This includes links to company policies, code of conduct and conflict-of-interest disclosure forms. Access resources from any device: From onboarding to ongoing compliance tasks, People Hub ensures resources are readily available from any device. Administrative workflows NAVEX continues to enhance its GRC Information System through the centralized management of key risk and compliance information. Distribution of all communication, training, tasks and other important information makes People Hub an intuitive employee compliance management solution. Manage compliance centrally: Create targeted compliance workflows using one centralized risk and compliance information system. Tailor workflows to titles: Quickly create or reuse compliance workflows based on different job types, departments, locations, and more. Get your message out: Easily deliver journeys (or other instructions) for onboarding and ongoing compliance-related tasks. This includes vital work-specific and regulatory attestations and training. Measure impact: See the process and status of employees' progress through assigned training, policy attestations and conflict-of-interest disclosures. Enhanced workplace culture People Hub’s customizable features allow administrators to create a familiar experience for employees that uses the organization’s branding and sets the tone for a healthy workplace culture that inspires trust. Easy access: Offers a simple URL with single sign on. Branded experience: Set the logo, colors and button shapes to match the company brand. Reinforce culture: Add a CEO message or other welcome message to reinforce and match the culture and voice of the organization. Worldwide customization: Offered in 15 standard languages with additional languages available. About NAVEX One GRC Information System NAVEX One enhances the employee experience, mitigates third-party risk, and automates risk and compliance processes for more informed, data-driven governance. As the first comprehensive GRC Information System, NAVEX One delivers shared services through an integrated data model. This provides insights across key areas of business risk generating greater operational efficiencies. NAVEX One creates a real-time view of compliance risk without silos – further bringing all governance, risk and compliance activity together into a single source of truth. To learn more about People Hub, visit https://www.navex.com/en-us/products/navex-ethics-compliance/people-hub/. Or, read our blog, “ Three ways to elevate your employee experience ” on Risk & Compliance Matters. NAVEX is trusted by thousands of customers worldwide to help them achieve the business outcomes that matter most. As the global leader in integrated risk and compliance management software and services, we deliver solutions through the NAVEX One platform, the industry’s most comprehensive governance, risk and compliance (GRC) information system. For more information, visit NAVEX.com and our blog. Follow us on Twitter and LinkedIn. Contact Details NAVEX Scott Levesque +1 617-388-5773 scott.levesque@navex.com Company Website https://www.navex.com

February 21, 2023 08:30 AM Eastern Standard Time

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Mogul Energy International Provides Update on Flora Acquisition and 2023 Guidance

Mogul Energy International, Inc.

McapMediaWire -- Mogul Energy International, Inc. (OTC: MGUY ) a company specializing in transportation, logistics, warehouse consolidation, and distribution services for perishable and other time and temperature sensitive types of cargo today is providing a corporate update and guidance for calendar year 2023. “First off, we want to say a happy belated Valentine’s Day to everyone’s loved ones out there,” stated, Ronen Koubi, CEO of MGUY. According to USA Today and Forbes Magazine, Valentine's Day spending was expected to hit $26 billion in 2023. “Flowers are a substantial part of our business as we store and distribute them. We offer refrigerated long haul, regional, and dedicated deliveries for industries that include floral, produce, plants, dairy, poultry, and meats, as well as dry high value commodities.” On December 16, 2022, MGUY announced the acquisition of the “Flora” group of companies consisting of Florida Beauty Flora, Inc, Florida Beauty Express, Inc, Floral Logistics of California, Inc. and Tempest Transportation, Inc. This was the first acquisition in line with the company’s new business model and strategy to grow a portfolio of businesses focused on the transportation, logistics, warehouse consolidation and distribution segments for perishable and other time and temperature sensitive types of cargo. According to market research from Technavio, “The Perishable Goods Transportation Market is estimated to grow by USD 6.43 billion from 2021 to 2026, and the market's growth is anticipated to accelerate at a CAGR of 7.22% during the forecast period.” Factors such as rising demand for processed foods and the adoption of eco-friendly vehicles are significantly driving the Perishable Goods Transportation Market. Koubi continued, “MGUY’s strategic acquisition growth program will help secure Flora’s position as a leader in the refrigerated transport and logistics’ industry throughout the United States. The ability to transport and warehouse products throughout the continent will further enhance Flora’s ability to facilitate customer orders from origin to final destination and solidify its status as an industry leader. “In 2023 we expect to continue to strengthen our balance sheet. We will also be refining and streamlining our operations, leading to increased profitability, as well as seeking additional acquisitions expanding our customer base throughout the United States to meet the growing shipping, logistics and warehousing demands in the industry.” MGUY has a revenue target of $185 million by 2025; bringing significant value to its shareholders while maintaining a proportionate EBITDA growth. “We are extremely excited about the future growth of Flora and what future acquisitions could deliver to our shareholders and bottom line,” Koubi said. Throughout 2023, MGUY will be securing financing for growth, continue building relationships within the industry and building our reputation as the gold standard in shipping. The logistics, warehousing and distribution infrastructure industry within the US is positioned for enormous growth. Covid exposed the weaknesses within the logistics sector and demonstrated how fragmentation creates vulnerabilities. MGUY plans on using the data collected from the COVID epidemic to help secure the future of Flora product shipments throughout the United States. About: Mogul Energy International, Inc. Mogul Energy International, Inc., through its subsidiaries, provides transportation, logistics, and warehouse consolidation and distribution services for perishable and other time and temperature sensitive type of cargo. It offers refrigerated long haul, regional, and dedicated deliveries for industries that include floral, produce, plants, dairy, poultry, and meats, as well as dry high value commodities. www.floridabeauty.com info@floridabeauty.us Safe Harbor Statement This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations and assumptions upon which they are based are reasonable, we can give no assurance that such expectations and assumptions will prove to have been correct. Some of these uncertainties include, without limitation, the company's ability to perform under existing contracts or to procure future contracts. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, successful implementation of our business strategy and competition, any of which may cause actual results to differ materially from those described in the statements. We undertake no obligation and do not intend to update, revise or otherwise publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of any unanticipated events. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize. Many factors could cause actual results to differ materially from our forward-looking statements. Contact: Ronen Koubi 305-503-1200 Ext 553 info@floridabeauty.us Contact Details Mogul Energy International, Inc. info@floridabeauty.us

February 21, 2023 08:00 AM Eastern Standard Time

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