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Electric Air Travel Might Be Coming Sooner Than You Think

MarketJar

Imagine hopping on an electric commuter airplane at a smaller, convenient airport near your home in San Francisco and flying straight to Sacramento in around 20 minutes, instead of battling traffic for over 100 miles for up to two hours. Sounds like a dream, doesn’t it? Well, it turns out that the electric energy transition in the aviation space could be here much sooner than you think and it’s going to be big. As electric aircraft developers prepare for takeoff, some airports are planning ahead to meet the changing needs from the industry. Cleveland Hopkins International Airport is initiating plans to revamp its half-century-old airport with the future in mind, including plenty of electric-charging stations for both aircraft and cars. It may also include space for vertically taking off and landing aircraft and revamped airfield and terminal areas to accommodate smaller, electric-powered vehicles. Baiju Shah, President and CEO of the Greater Cleveland Partnership, emphasizes the importance of forward-thinking: "I think it’s critical for us to look into the future, understand the trends and technology and use that to inform the design." Cleveland Hopkins is currently in the early stages of planning a $2 billion overhaul of its aging terminal with plans to start construction in 2025. While Joby Aviation, a pioneer in electric aircraft, plans to build its first manufacturing plant in Southwest Ohio, other companies are actively developing small, electric-powered regional jets set to carry 30 passengers on short trips of 250 miles or more. The aviation landscape is poised for a transformation similar to the impact electric cars have had on ground transportation. Kevin Burke, President and CEO of Airports Council International-North America, remarks, "This is not the Jetsons, but we’re getting closer to it." Key considerations for airports preparing for an electric aircraft future include accommodating the substantial power demand of these vehicles, adjusting for smaller regional aircraft, and securing approval from regulatory bodies like the Federal Aviation Administration. Progress is already underway, with some experts predicting the presence of electric air taxis in the skies by 2025. The motivation behind this innovation extends beyond convenience, aiming to address the environmental impact of traditional air travel. The shift to electric aviation may take time, but the potential benefits include quieter flights, reduced maintenance costs, and overall lower operational expenses. While the complete electrification of long-distance aircraft might be decades away, airlines are already making strides in introducing smaller electric planes. Surf Air Mobility Inc. (NYSE:SRFM), a leading US regional air mobility platform and the largest commuter airline in the US by scheduled departures, is at the forefront of revolutionizing regional air travel by leveraging electrification and upgrading existing aircraft to substantially reduce the cost and environmental impact of air travel. Surf Air Mobility plans to deploy both electric and hybrid-electric aircraft across its network by upgrading existing aircraft with new engines opposed to developing new electric airplanes from the ground up. With its hybrid electric aircraft, the company can accelerate time to market because it won't need large investments into charging infrastructure to start flying like its fully-electric counterparts. Transforming Regional Air Travel through Electrification In pursuit of this vision, Surf Air is collaborating with commercial partners to develop electrified powertrain technology, aiming to retrofit existing fleets with electric propulsion and introduce electric aircraft on a large scale to the market. The company's leadership team, possessing extensive expertise in aviation, electrification, and consumer technology, is steering this ambitious initiative. Surf Air Mobility Inc. (NYSE:SRFM) plans to utilize regional airports, 5,000 of which are significantly underused, fostering shared private and commercial-like air services with small turboprop planes. With plans to expand across 30 regional networks, the company leverages its tech-enabled regional air mobility platform, enhancing accessibility to existing aircraft and pilot assets in the marketplace. Following its debut on the public market, Surf Air Mobility announced an exclusive partnership with Textron Aviation Inc., a subsidiary of Textron Inc. This strategic collaboration includes an order for 100 Cessna Grand Caravan EX aircraft. Deliveries of the initial 20 Cessna aircraft are scheduled to commence in the first half of 2024. These planes will undergo conversion to incorporate Surf Air Mobility 's proprietary electric or hybrid-electric powertrain technology. Surf Air Mobility aims to democratize access to electrified aircraft for both new and existing operators, intending to offer customers the advantages of cost-effective, low-emission air travel on a large scale. Additionally, the company will be the exclusive provider of certain battery electric and hybrid electric powertrain technology for the Cessna Grand Caravan to Textron Aviation. Surf Air Mobility plans to deploy both electric and hybrid-electric Cessna Grand Caravan aircraft across its network, facilitating direct short-haul services to connect more airports. Simultaneously, the company aspires to establish a regional mass transport platform that fosters sustainable connectivity among communities throughout the US. The anticipated benefits of the new electrified architecture include a substantial reduction in direct operating costs, with targets ranging from up to 25% to 50%, and a significant decrease in direct carbon emissions, with targets ranging from up to 50% to 100%, all while maintaining performance levels similar to the current models. Importantly, these aircraft have the potential to be operational at over 5,000 public-use airports across the US, with no need for charging stations in the case of hybrid-electric powertrain versions. Indeed, the dawn of the electric aircraft transition is coming and Surf Air Mobility are gearing up to fuel the evolution with greener, more affordable travel. Click on this link or check this investor presentation for more insights into Surf Air Mobility Inc. (NYSE:SRFM). Disclosure: 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, Surf Air Mobility Inc. Market Jar Media Inc. has or expects to receive from Surf Air Mobility Inc..’s Digital Marketing Agency of Record (Native Ads Inc.) thirty-two thousand, eight hundred and ten USD for 36 days (26 business days). 3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. Market Jar has not independently verified or otherwise investigated all such information. None of Market Jar or any of their respective affiliates, guarantee the accuracy or completeness of any such information. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy. 4) The Article does not constitute investment advice. All investments carry risk and each reader is encouraged to consult with his or her individual financial professional. Any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.'s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on PressReach.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on PressReach.com. 5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article. 6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management's expectations regarding Surf Air Mobility Inc.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Surf Air Mobility Inc.’s industry; (b) market opportunity; (c) Surf Air Mobility Inc.’s business plans and strategies; (d) services that Surf Air Mobility Inc. intends to offer; (e) Surf Air Mobility Inc.’s milestone projections and targets; (f) Surf Air Mobility Inc.’s expectations regarding receipt of approval for regulatory applications; (g) Surf Air Mobility Inc.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Surf Air Mobility Inc.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Surf Air Mobility Inc.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Surf Air Mobility Inc.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) the accuracy of budgeted costs and expenditures; (e) Surf Air Mobility Inc.’s ability to attract and retain skilled personnel; (f) political and regulatory stability; (g) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (h) changes in applicable legislation; (i) stability in financial and capital markets; and (j) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Surf Air Mobility Inc. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Surf Air Mobility Inc.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Surf Air Mobility Inc.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Surf Air Mobility Inc.’s business operations (e) Surf Air Mobility Inc. may be unable to implement its growth strategy; and (f) increased competition.Except as required by law, Surf Air Mobility Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Surf Air Mobility Inc. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Surf Air Mobility Inc. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document. 7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Surf Air Mobility Inc. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Surf Air Mobility Inc. or such entities and are not necessarily indicative of future performance of Surf Air Mobility Inc. or such entities. 8) Investing is risky. The information provided in this article should not be considered as a substitute for professional financial consultation. Users should be aware that investing in any form carries inherent risks, and as such, there is a possibility of losing some or all of their investment. The value of investments can fluctuate significantly within a short period, and investors must understand that past performance is not indicative of future results. Additionally, users should exercise caution as transactions involving investments may be irreversible, even in cases of fraud or accidental actions. It is crucial to acknowledge that rapidly evolving laws and technical issues can have adverse effects on the usability, transferability, exchangeability, and value of investments. Furthermore, users must be cognizant of potential security risks associated with their investment activities. Individuals are strongly encouraged to conduct thorough research, seek professional advice, and carefully evaluate their risk tolerance before engaging in any investment endeavors. Market Jar Media Inc. is neither an investment adviser nor a broker-dealer. The information presented on the website is provided for informative purposes only and is not to be treated as a recommendation to make any specific investment. No such information on PressReach.com constitutes advice or a recommendation. Contact Details James Young +1 800-340-9767 campaigns@pressreach.com Company Website https://pressreach.com

November 15, 2023 09:00 AM Eastern Standard Time

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Minuteman Press Franchise Owner Sherri Winslow Reflects on Over 20 Years in Palm Desert, CA and Joins President’s Club

Minuteman Press International Inc

Sherri Winslow is the owner of the Minuteman Press franchise in Palm Desert, CA since April of 2002. When her husband suddenly passed away in 2012, Sherri made the difficult decision to carry on as she took a more prominent role in the business as the sole owner and operator. Since then, Sherri has continued to build her business and in 2023 she was honored and acknowledged as one of the newest members of the Minuteman Press President’s Club. As she reflects on her accomplishments, Sherri shares her thoughts on 20-plus years and joining the President’s Club, keys to success and longevity, advice to others, and more. Celebrating 20 Years + Joining Minuteman Press President’s Club In 2022, Sherri celebrated 20 years of business ownership for Minuteman Press in Palm Desert. Today, in 2023, Sherri is now recognized as a member of the Minuteman Press International President’s Club for achieving yearly gross sales of over $1 million in 2022. Sherri shares, “Reflecting on our 20 years in business makes me realize that we were fortunate to partner with a good franchisor. Very few small businesses were able to make it through this period without a strong management and operational program to follow. That along with proper training and support from people that have been in the print business have made a huge impact. We will always be thankful for this.” She continues, “In 2023, I was proud to join the Minuteman Press International President’s Club. We have had fairly steady growth over the past 20 years. We started out making $19,000 in our first month after buying an existing business. In 2012, I lost my husband and I personally went from part-time to being the boss. My staff and Minuteman Press local support led by RVP Dan Byers helped me through one of the most difficult times in my life. It was a very foggy year but we made it. In the past few years, we were getting close to the $1 million milestone and we set that as our goal last year. My staff and I worked very hard to make sure we reached that goal. A lot of hard work and determination helped us get there.” When asked about her keys to success and growth, Sherri says, “Our longevity and success is primarily due to our staff and customer service. We have had many referrals through the years without asking. Now that we have been through the last training session, we plan to start asking for referrals through different channels. Other contributing factors to our success are related to our direct & internet marketing along with expanding our services & products over the years. We added wide format in the beginning, then signage, direct mail, and blueprints.” Sherri continues, “There are two other areas worth mentioning that I feel have been successful for us. The first has to do with Google Reviews, which has been a point of focus at regional meetings. At one meeting before the pandemic hit, there were around 50 people in attendance from many franchises in Southern California. We talked about how important Google Reviews are. We shared materials used to get reviews and it really blossomed here. I get a lot of new customers because they did a search and noticed how many good reviews we have.” She further shares, “Next is having good storefront and building signage. My shop is on the main highway that people travel from one end of the valley to the other. You can’t miss my shop because we went big and bold with the signage. I would do more, but the local laws don’t allow it. People always tell me they find me from our signage.” Printing Industry & Community/Franchise Support Sherri shares her insights on the printing industry today, saying, “Printing remains vital to businesses today because it provides a connection that stays with the consumer as opposed to the internet or email. Your printed materials end up in someone’s hand, which can make that lasting impression. How many people swipe left or delete emails without reading them? They will always take the time to look at a business card, postcard or holiday card that they receive.” In Palm Desert, Sherry says, “We are a small set of cities that hold large events and conventions. This brings an increase to our population that is about triple the amount during certain months of the year. Thanks to our community, our key growth areas have included signage, blueprints, convention printing and direct mail.” She adds, “We would not be where we are today without the local franchise support, training and the IT department that Minuteman Press International provides. We owe a lot of our success to this.” Rewards & Advice for Others As she looks back on over 20 years and reflects on the rewards of owning a business, Sherri says, “I would say my biggest personal reward is that I have been able to achieve everything that I have wanted to in my life. I can’t really ask for more personally except for time. My biggest professional reward has been reaching that $1 million goal and making the Minuteman Press President’s Club.” As for what advice she would give to others, Sherri shares, “Make sure you are active with the quote process and follow-up. Understand the difference between shoppers (who are getting 3 quotes from various vendors) and buyers. I recommend you give the customer a day to digest the quote they received, then follow up and make sure you answer their questions. Lastly, make sure you let them know you want to meet their price point or their budget constraints if you do… Again, the difference between a shopper and a buyer will make the difference on whether you will want to meet their budget constraints.” Minuteman Press in Palm Desert is located at 73-660 Highway 111, Palm Desert, CA 92260. For more information, visit their website: https://minuteman.com/us/locations/ca/palm-desert/ 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

November 14, 2023 10:00 AM Eastern Standard Time

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NAFA Opens Registration for Annual 2024 Institute & Expo

NAFA Fleet Management Association

NAFA Fleet Management Association (NAFA), the vehicle fleet industry’s largest membership association, is pleased to announce that registration is open for NAFA 2024 Institute & Expo (I&E). This conference is the industry’s largest gathering of fleet and mobility professionals, convening April 22-24, in San Antonio, TX. Attendees can now register at www.nafainstitute.org. Spanning three days, NAFA I&E is the industry’s leading fleet event, attracting fleet professionals representing various sectors including corporate, government, public safety, utility, education, and more. I&E offers a blend of education, impactful conversations, networking opportunities, and products and services from the industry’s leading suppliers. “NAFA I&E is not just a gathering of fleet professionals, but a confluence of innovation, inspiration, and industry transformation,” said Bill Schankel, CAE, NAFA CEO. “In these halls, we don’t just discuss the future of fleet management – we shape it.” Nearly 2,000 fleet and mobility professionals attended NAFA 2023 I&E. NAFA is excited to welcome even more industry professionals to this year’s I&E, which is centered around the theme of “New Frontiers. Big Possibilities.” This theme encapsulates the many new frontiers that are impacting the industry, like autonomous vehicles and EVs, while providing BIG opportunities for the industry. The I&E agenda includes over 35 hours of education sessions, state of the art exhibits, unparalleled networking and relationship building opportunities, specialty learning offerings and the chance to interact with hundreds of innovative product solutions from the Expo Floor. Here’s a closer look at what attendees will experience throughout I&E 2024: NAFA’s second annual Innovations Showcase, invites attendees into an interactive innovation zone on the Expo floor where they can explore the exciting new products and product updates being launched by exhibiting companies. A Vehicle Ride & Drive, powered by Bobit, in which attendees can experience the latest models, electric and alternative fuel vehicles, and cutting-edge technologies behind the wheel. CAFM Live, slated for April 21-24, this program will cover all eight Certified Automotive Fleet Manager (CAFM) certification modules and allows attendees to accelerate preparation for the CAFM exam. Three informative Pre-Conference Events, providing attendees the ability to dive into concentrated topics: Sustainable Fleet Management, Asset Management, and the Leadership Development. Over 35+ hours of education sessions, focused on the following education tracks: Emerging Technologies Law Enforcement Leadership Operations Management Strategy Sustainability View the full NAFA 2024 I&E preliminary program here. More information on the lineup of educational sessions and speakers will be released leading up to the event. Prospective exhibitors are encouraged to secure their space early to ensure prime placement in the Expo Hall. For more information about reserving an exhibit booth, please visit NAFA’s website. Sponsorship opportunities can be secured here. This year’s current sponsors include Bestpass Inc., FASTER Asset Solutions, Geotab, Holman, Legend Fleet Solutions, Merchants Fleet, Samsara, Stellantis, U.S. Bank Voyager, WEX and Wheels, Inc. 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 X. Contact Details Keaveny Hewitt +1 919-622-5276 khewitt@onwrdupwrd.com Company Website https://www.nafa.org/

November 14, 2023 10:00 AM Eastern Standard Time

ToolsGroup Positioned as the Leader in the SPARK Matrix for Retail Forecasting and Replenishment by Quadrant Knowledge Solutions

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce it has been named the technology leader in the SPARK Matrix ™ analysis of Retail Forecasting and Replenishment (RF&R) by Quadrant Knowledge Solutions (QKS). The Quadrant Knowledge Solutions SPARK Matrix: Retail Forecasting & Replenishment (RF&R), Q4, 2023 includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning. The study provides competitive analysis and ranking of the leading Retail Forecasting and Replenishment (RF&R) vendors in the form of its SPARK Matrix. It gives users strategic information to evaluate vendor capabilities, competitive differentiation, and market position. According to Avinash Singh, the Analyst at Quadrant Knowledge Solutions who researched ToolsGroup and its dynamic JustEnough retail solution, “ToolsGroup has been placed as the leader in the SPARK Matrix: Retail Forecasting and Replenishment owing to its comprehensive and innovative RF&R solutions, a compelling vision and roadmap, an extensive RF&R vendor ecosystem, year-on-year growth, and comprehensive product offerings with in-depth domain experience.” This announcement comes on the heels of other recent and exciting developments in the ToolsGroup ecosystem since its acquisition of JustEnough, with the company being named a leader in the SPARK Matrix for Inventory Optimization and bolstering its retail and supply chain solutions by acquiring Evo, a provider of responsive artificial intelligence solutions. According to Sahil Gupta, Chief Product Officer, “Our intense focus on marketplace trends, customer needs, and advancements in the use of AI have enabled us to enhance the already powerful JustEnough solution. By combining real-time planning and execution capabilities with AI, we are furthering our vision to help organizations navigate the supply chain with the ability to sense and respond to changes in customers’ needs in real time and automate the optimal distribution of inventory.” “ToolsGroup is thrilled to be recognized as the leader in retail forecasting and replenishment by QKS,” said ToolsGroup CEO, Inna Kuznetsova. “Our customer-centric focus keeps us at the vanguard of innovation and helps us provide the software advancements and next-generation AI our customers rely on to achieve real-world KPIs. We are dedicated to continuing these endeavors and delivering enhanced business performance to retail organizations worldwide.” Download the report and read more about ToolsGroup’s industry accolades HERE. About Quadrant Knowledge Solutions Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients as the strategic knowledge partner in achieving business transformation goals with Strategic Business and Growth Advisory Services. Quadrant’s research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments. For more available research, visit: https://quadrant-solutions.com/market-research/ About ToolsGroup 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 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 MKPR Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Quadrant Knowledge Solutions Mr. Ajinkya Ingle +1 978-605-1066 ajinkya@quadrant-solutions.com Company Website https://www.toolsgroup.com

November 14, 2023 09:30 AM Eastern Standard Time

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etaily lands $17.8M for commerce enablement platform powering global brands in Southeast Asia

etaily

The Southeast Asia (SEA) ecommerce market is growing rapidly and is projected to reach $230B (in gross merchandise value) by 2026. Helping brands around the world tap this opportunity, commerce platform enabler etaily is today announcing a $17.8M series A funding round as it scales its end-to-end ecommerce entry platform for brands to seamlessly engage audiences across SEA. The funding round was led by Chinese and Taiwanese PE firm SKS Capital and co-led by Singapore’s Pavilion Capital. Other investors are Japanese SBI ICCP Fund and Kaya Founders. The round also saw participation from the Magsaysay Family, Chan family, Foxmont Capital and JGDEV, the corporate venture capital arm of JG Summit Holdings. etaily’s cap-table also includes other renowned SEA retailers and conglomerates such as the Ayala Corporation, the Cheng family behind the department store chain Landmark, as well as renowned angel investors including Paulo Campos, former Co-Founder and CEO of Zalora and Anthony Oundijan, Managing Director and Senior Partner of Boston Consulting Group. Headquartered in the Philippines, etaily has quickly established itself as a pathway for brands seeking to sell their goods online across SEA. etaily is powered by a proprietary operating system for end-to-end commerce technology. etaily provides unique end-to-end distribution solutions in ecommerce and omnichannel, for global consumer brands in the region as well as its own brand portfolio. This ecosystem spans the entire customer journey, from development of lifestyle products through in-house branding capabilities to delivery to a local and regional customer base from etaily’s asset light warehouse network. Founded in 2020 by Alexander Friedhoff, former Zalora team member, etaily’s vision is to help global consumer brands selling online. Today, etaily has served more than 50 global consumer brands and processed over 10M orders on platforms such Lazada, Shopee and direct-to-consumer brand.com online stores. Gross sales at etaily in 2023 have tripled and are on track to reach $100M over the coming years. Its portfolio of exclusive brands currently comprises Levi’s, Crocs, Skechers and Reckitt, bringing its total brand count to more than 50, managed on +200 storefronts. Its own brands range from categories such as pets supplements, health, personal care and food and beverage. Alexander Friedhoff, Founder & CEO of etaily commented: "For the last three years, we've focused our passion into crafting something great at etaily – an all-encompassing commerce powerhouse. From the very birth of our lifestyle products to their swift delivery through our state-of-the-art operations ecosystem. Our unique digital approach sets us apart, making etaily the architect of digital brands and retail. Today, people in the region buying something online from the leading retail and digital brands such as Crocs, Levi’s, Skechers, Fila and many others - all of it is being powered by etaily’s infrastructure.” “With our unbeatable ecosystem, more than ever demanding online-first strategy, and adaptable digital operations, we're poised to transform retail in the Philippines and SEA. As the tides of e-commerce reshape the retail landscape, etaily's agile, fully digital platform promises brands a successful journey into the future.” Bain & Co has forecasted that the number of digital consumers in SEA is projected to hit 402 million by 2027, up from an estimated 370 million in 2022 with the Philippines leading the growth, followed by Vietnam and Thailand. The Philippines is now expected to grow the fastest in 2023 among developing economies in East Asia and Pacific according to an updated World Bank growth outlook for the region. These reports come hot on the heels of the Philippines being recognised as the fastest growing ecommerce market globally in 2023 having grown 25% year on year. There are several factors driving the ecommerce market in the region. Alexander Friedhoff added: “Unlike markets such as the US and Europe, where population growth is at a historic low — or in China’s case, declining — SEA’s consumer pool is expanding fast. In fact, the region’s working age population is set to grow by 23 million people by 2030, according to Bain & Co. and Meta’s 2022 SYNC SEA report. The Philippines already has the youngest population in SEA. At the same time, household incomes are expected to rise, with 51 million new high and upper-middle class households to emerge by 2030. This combination of a burgeoning working population and higher household incomes will lead to an uptick in consumption. SEA will add about 140 million new consumers by 2030, representing 16 percent of the world’s consumers.” Alexander Friedhoff added: “Given the current trajectory, with ecommerce as a percentage of total sales surging, SEA may well be poised to become the ‘next China’ in terms of e-commerce growth potential. Although SEA consists of several distinct markets without the same geographic cohesion and language uniformity as China, commerce platform companies such as etaily have made it convenient for brands to sell into multiple markets through localized operations, brand, data and technology capabilities.” etaily will deploy the fresh capital to deepen its presence in SEA, enhance its distribution platform for brands, and expand the brand portfolio including own brands and licenses of international lifestyle brands. In addition, further investments will be made into its proprietary technology stack including its operating system, data analytics and AI platform etaily clarity. SKS Capital founder Jack Chen commented: "We are excited to participate in the exciting consumer transformation taking place in the Philippines and SEA. We are dedicated to collaborating with outstanding and promising organizations that are poised for growth. etaily's asset-light strategy, along with their extensive knowledge of eCommerce, supply chain, and their utilization of data-driven insights to understand consumer behavior and demand, offer significant prospects for incorporating advanced omnichannel technology solutions into brand operations. This will enable substantial growth in the near future. Our brand portfolio is ready to be distributed by etaily.” About etaily Founded in 2020 and headquartered in the Philippines, etaily has quickly established itself as a pathway for brands seeking to sell their goods online across SEA. etaily is powered by a proprietary operating system for end-to-end commerce technology. In addition to building their own brands, etaily provides a unique end-to-end direct-to-consumer e-commerce solution for global consumer brands. This ecosystem spans the entire customer journey, from development of lifestyle products through inhouse branding capabilities to delivery to a local and regional customer base from etaily’s asset light warehouse network. For more information, please visit https://www.etaily.com Contact Details etaily Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.etaily.com/

November 14, 2023 08:00 AM Eastern Standard Time

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AmeriLife Gives Back Foundation Names Honor Flight Network as Inaugural Partner

AmeriLife

AmeriLife Group, LLC (“AmeriLife”), a national leader in developing, marketing, and distributing life and health insurance, annuities, and retirement planning solutions, announced today that its philanthropic arm, the AmeriLife Gives Back Foundation, has chosen the Honor Flight Network as its inaugural, national partner. Founded in 2022, the AmeriLife Gives Back Foundation honors the company’s legacy of giving while helping to connect its growing business, philanthropic and volunteer endeavors. The foundation – through donations of time, money and other resources – focuses on causes that enable the senior community in furtherance of AmeriLife’s commitment to helping people live longer, healthier lives. “As a values-driven company, giving back is in AmeriLife’s DNA and has been an important part of who we are for more than 50 years,” said Scott R. Perry, chairman and CEO of AmeriLife. “I’m incredibly excited that we’re joining forces with the Honor Flight Network, and I can’t wait to see what the future holds for our partnership.” The Honor Flight Network is a national nonprofit that honors America’s military veterans – especially those who served during World War II, the Korean War and the Vietnam War – by bringing them, free of charge, to Washington, D.C. to visit the memorials that commemorate their sacrifice and service. Since 2005, Honor Flight Network has transported more than 300,000 veterans from all 50 states and Puerto Rico to our nation’s capital, and continues to expand its network of more than 125 hubs across the country in an effort to serve even more veterans and their families. In doing so, the Honor Flight Network and its partners deliver gratitude and appreciation for veterans’ contributions to our freedoms, offering them an opportunity to meet other veterans, remember the fallen, and share their stories and experiences. “Honor Flight Network is tremendously grateful for the generous support from AmeriLife,” said Meredith Rosenbeck, CEO of Honor Flight Network. “We are fortunate to call them a valued partner, recognizing and validating our important mission to honor America’s heroes. In joining forces with Honor Flight, AmeriLife is setting the standard of giving with gratitude, and we look forward to a rewarding partnership ahead.” “We’re privileged to be counted among Honor Flight Network’s partners and look forward to a long and rewarding relationship,” added Jim Quinn, Chief Financial Officer for AmeriLife. “Today’s donation opens up exciting opportunities for AmeriLife’s employees and partners to volunteer in support of future Honor Flight Network trips, helping to create memorable experiences for so many of our nation’s heroes.” For more information on the Honor Flight Network and to support its mission directly, donate or volunteer today at HonorFlight.org. To learn more about the AmeriLife Gives Back Foundation, visit us online at AmeriLife.com/GivesBack. ### About Honor Flight Network The Honor Flight Network was formed in 2005 with a mission of honoring our nation’s veterans by bringing them to Washington, DC to visit the memorials and monuments dedicated to their service and sacrifice. The Honor Flight Network is currently comprised of over 130 hubs throughout the country dedicated to carrying out the Honor Flight mission. In addition to World War II veterans, the organization transports those who served in the Korean War, Vietnam War, intermediary operations, and in special cases of terminal illness or injury, veterans from more recent service eras. Since 2005, the Honor Flight Network has taken more than 250,000 veterans to Washington D.C. For more information, visit honorflight.org. About AmeriLife AmeriLife’s strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. In doing so, AmeriLife has become recognized as a leader in developing, marketing, and distributing life and health insurance, annuities and retirement planning solutions to enhance the lives of pre-retirees and retirees across the United States. For more than 50 years, AmeriLife has partnered with top insurance carriers to provide value and quality to customers served through a distribution network of over 300,000 insurance agents and advisors and 120 marketing organizations and insurance agency locations nationwide. For more information, visit AmeriLife.com, and follow AmeriLife on Facebook and LinkedIn. Contact Details AmeriLife Jeff Maldonado +1 321-297-1112 jmaldonado@amerilife.com Honor Flight Network Marion Watkins +1 202-302-4937 mwatkins@honorflight.org Company Website https://amerilife.com/

November 09, 2023 10:00 AM Eastern Standard Time

Lopez Performance and Sean Smith Designs debuted 1969 Chevrolet Camaro "Illicit" at 2023 SEMA Show

Lopez Performance

“The concept for 'Illicit' was inspired by modern muscle car innovation such as the ZL1,” said designer Sean Smith. “Jesus Lopez from Lopez Performance wanted to keep the classic silhouette of the ’69 Camaro while accenting it with contemporary design cues such as aero parts forged from carbon fiber, a better stance, and more. “After agreeing on the exterior sketches with owners JR and Celeste Villarreal, we focused on 3D design to create the splitters, rocker panels, hood and decklid spoiler,” Smith continued. “Designing on the computer allowed us to refine the proportions and details such as the fillets and specific radii. The trick was balancing our re-imagining with classic details such as the multi-piece billet grille.” Engineered by Martin Horton at Blue Point Scan and machined by EVOD Industries, what appears at first sight to be a classic ’69 Camaro grille is actually a multi-piece design with precise carbon inlays. It’s the mouthpiece for the 1200hp Dart LSX engine that lurks under the Lopez Performance carbon fiber hood manufactured by Speedkore. Fitted with a 2.9L Whipple supercharger, the Dart features an industry-leading Aeromotive fuel system to ensure consistent power using an in-tank TVS Brushless Pump, Extreme Flow EFI Regulator, and Pro-Series in-line filter. Drawing from The Aeromotive Group’s portfolio of companies, stainless steel Doug’s Headers were connect to a 3” stainless steel custom exhaust with low-profile mufflers from JBA Performance Exhaust. Custom colored Taylor wires were also fitted to provide consistent spark to the Dart. The engine is backed by a Bowler-built T56 Magnum six-speed transmission connected to the very first all-carbon fiber ProMod driveshaft, which was custom-developed by Aeromotive for “Illicit.” With the powertrain resolved, the stunning paint was created by Jesus and the Lopez Performance crew. “We wanted something shocking yet seductive. We mixed up Solar Bronze, which flips from a honey hue to a bright bronze with muted charcoal mid tones. In sunlight, the car looks like it’s on fire as you move around it. The effect is sensational and the tones work well with the black trim and carbon fiber accents that create contrast on our high-horsepower build,” Lopez told us. Designed by Smith, the interior was created by Gabe’s Custom Interiors in San Bernadino, CA. As a family business run by Jesus’ father, the interior combined luxury and performance elements, the Camaro features custom Recaro seats featuring carbon fiber rear shells and upholstery by Gabe’s in truffle brown leather accented with vanilla. Following Smith’s designs, Gabe’s Custom Interiors created the new dashboard and center console, as well as a aluminum instrument cluster that was 3D modelled and milled before gauges from Classic Instruments were installed. The steering wheel was also designed and machined specifically for this application. The finished result is a stunning interpretation of the iconic ’69 Camaro that was unveiled in The Aeromotive Group booth at the 2023 SEMA Show and will be seen at numerous shows throughout the year. EDITOR’S NOTE Location photography of the car and the full spec list is available here: https://www.dropbox.com/sh/ns6o0nm6u5829k0/AAC2bX-L46ZWSoK5rVgArHVsa?dl=0 Sean Smith renderings of the 1969 Camaro ‘Illicit’ are available here: dropbox.com/sh/uu8473d6zn94alz/AACahIs1IxJqIpbQhud72xELa?dl=0 ABOUT LOPEZ PERFORMANCE Lopez Performance has worked with the best in the industry to claim its rank among the top American car builders. With numerous awards going to this families business dating back to many popular Boyd Coddington designs, the family business is responsible for cars featured on countless magazine covers, Good Guys awards, SEMA awards, and more. Please visit lopezperformance.com for more information Contact Details Greg Emmerson greg@theidagency.com Company Website https://lopezperformance.com

November 09, 2023 06:55 AM Pacific Standard Time

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GSM launched electric taxi service in Laos, aiming to promote green mobility in Southeast Asia

VinFast Auto

VIENTIANE, LAOS - Media OutReach - 9 November 2023 - Vietnam's Green and Smart Mobility JSC. (GSM) has launched its pure electric taxi service in Vientiane, Laos, under the brand name "Xanh SM". Expanding into the first foreign market marks a step further in GSM's "Go Green Global" strategy to establish itself as an international electric mobility services provider and promote the adoption of green mobility beyond borders. Opening ceremony of Xanh SM electric taxi in Laos. Xanh SM Laos embraces the customer-centric approach of its Vietnamese counterpart and pledges to provide eco-friendly transportation services. The company commits to providing customers with 100% pure electric vehicles and 5-star service standards including premium vehicle quality, and a dedicated team of professional drivers that contribute to enhancing the standard of passenger transportation services in the "Land of a Million Elephants". Starting from November 9, 2023, residents of Vientiane and international tourists visiting Laos will have a convenient way to book taxi services through the Xanh SM Laos application. This application can be easily downloaded from the App Store and Play Store. In addition, customers will still have the option to hail taxis directly from the streets. Every trip's route and fare information will be made transparently available to ensure clarity and convenience. Initially, Xanh SM Laos will employ the VinFast VF 5 Plus electric cars in their signature cyan color for its taxi fleet. Currently, the company is operating primarily in Vientiane Capital. The plan is to increase the fleet to 1,000 vehicles and expand to other popular destinations like the tourism town of Vang Vieng (Vientiane), as well as other provinces and cities such as Luang Prabang, Savannakhet, and Champasak in the coming phases. Xanh SM electric taxi on the roads of Laos. Xanh SM Laos is planning to expand its operations throughout the country and is expected to create thousands of new job opportunities for local residents. These opportunities offer attractive career development prospects and come without requiring initial capital investment while providing optimal income and professional training. In particular, Green SM drivers will be oriented to become "green ambassadors" that directly connect the brand with customers and contribute to enhancing Laos' eco-friendly image. In addition to providing high-quality, zero-emission transportation services, GSM aims to stimulate the widespread of electric vehicles by developing a green mobility services ecosystem. This includes electric vehicle leases, and advanced services such as package car rental, travel, and personalized car rental. By adopting this holistic approach, GSM works towards leveraging the overall experience of green transportation and making electric mobility accessible to everyone. Mr. Nguyen Van Thanh – Global CEO of GSM said: "Launching Xanh SM Laos is a special milestone that marks the beginning of GSM's global expansion journey. We will keep exploring and innovating to create a unique fusion of local culture with international service standards that promises to deliver an exceptional experience to local residents as well as international visitors in Laos. The triumphant Xanh SM Laos will be a significant driving force behind GSM's global expansion. Working alongside VinFast, GSM is determined to push forward eco-friendly mobility worldwide, paving the way for a better and more sustainable future for all." In April 2023, GSM was established and launched in Vietnam as the world's first multi-platform green transportation model. It operates with a fleet of 100% electric vehicles. Within just 6 months of its operation, GSM has experienced extraordinary growth, providing over 6 million rides, and earning high compliments from both ultimate consumers and transportation companies. GSM is set to expand quickly to other Southeast Asian countries following its success in Laos. The company's ability to offer its ride-hailing services through multiple platforms - including the app, call center, and on-the-road bookings - provides it with a significant competitive advantage both regionally and internationally. These core competencies will be crucial as GSM pursues its "Go Green Global" strategy, charting a course to become the one of fastest-growing international ride-hailing service providers in the region. Customers can find more information about Xanh SM electric taxis in Laos via the website: https://www.xanhsm.com/laos/ or download the Xanh SM Laos app via the following links: Android: https://bit.ly/XanhSMLaos1 iOS: https://bit.ly/XanhSMLaos2 Contact Details VinFast Media Contact v.chidqd1@vingroup.net Company Website https://www.xanhsm.com/laos/

November 09, 2023 05:43 AM Eastern Standard Time

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ToolsGroup Announces Latest Enhancements to JustEnough® Retail Planning and Execution Suite

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, has announced the latest version of its JustEnough Retail Planning and Execution suite, making major advancements in its Assortment Planning and Allocation capabilities. This is just the latest of the company’s significant strides towards making supply chains a force for good by helping organizations lower inventory, ensure product availability, and improve customer satisfaction across channels. “As a longtime partner, we have seen firsthand why the JustEnough solution is a leader in retail planning and execution worldwide,” said Greg Marmulak, Founder and Managing Partner, Inventory Worx. “Thanks to this technology, we can better equip our customers to adapt to marketplace changes, ensuring customer satisfaction while supporting business goals and streamlining processes. We’re excited to implement these new enhancements and continue developing our supply chain best practices in collaboration with ToolsGroup.” JustEnough v2023.3 delivers: · Enhanced target creation in Assortment Planning that supports user-defined update periods and returns choice recommendations corresponding to those product updates. · Upgraded attribute cluster management that saves users time by enabling bulk/aggregate changes across clusters with a common attribute. · Accelerated processing time that further improves best-in-class Allocation capabilities and system performance. “We are eager to share these enhancements with our customers, whose direct feedback, along with ToolsGroup’s focus on continuous improvement, has helped guide our roadmap development,” said Sahil Gupta, ToolsGroup’s Chief Product Officer. “We value our customers as partners, and through partnering with our customer base, we’ve developed a solution that better incorporates the fine art of assortment planning into the deep science inherent in the system.” “ToolsGroup’s customer-centric innovation helps over 400 companies around the world achieve competitive, efficient, and profitable supply chains,” said ToolsGroup CEO, Inna Kuznetsova. “Our close collaboration with these organizations has garnered us industry recognition and – more important – the respect and trust of our customers. We’re proud to deliver the best-in-class solutions that drive their continued success, improve supply chain efficiency, and enhance business performance.” Customers and analysts alike recognize ToolsGroup as a retail planning leader. See the full list of accolades HERE. About ToolsGroup 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 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

November 07, 2023 10:00 AM Eastern Standard Time

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Lopez Performance and Sean Smith Designs debuted 1969 Chevrolet Camaro "Illicit" at 2023 SEMA Show

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ToolsGroup Announces Latest Enhancements to JustEnough® Retail Planning and Execution Suite