LeddarTech and Prospector Capital Corp. Announce Effectiveness of Registration Statement and December 13, 2023 Extraordinary General Meeting to Approve Business Combination

QUEBEC CITY, Dec. 04, 2023 (GLOBE NEWSWIRE) — LeddarTech Inc.® (“LeddarTech” or the “Company”), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology for ADAS and AD, and Prospector Capital Corp. (“Prospector”) (NASDAQ: PRSR, PRSRU, PRSRW), a publicly traded special-purpose acquisition company led by former Qualcomm President Derek Aberle and chaired by former Qualcomm Vice Chairman Steve Altman, today announced that on December 4, 2023 the U.S. Securities and Exchange Commission (the “SEC”) declared effective the Registration Statement on Form F-4, as amended, filed by LeddarTech Holdings Inc. (“Newco”) in connection with the previously announced proposed business combination (the “Business Combination”). The filing can be viewed in its entirety on the SEC’s website at www.sec.gov.

Prospector also commenced mailing the definitive proxy statement/prospectus on December 4, 2023, which was included in the Registration Statement, relating to the extraordinary general meeting of shareholders to be held in connection with the Business Combination (the “Extraordinary General Meeting”). The Extraordinary General Meeting is scheduled to be held on December 13, 2023 at 10:00 a.m. Eastern Time. The Extraordinary General Meeting will be held at the offices of White & Case LLP located at 1221 Avenue of the Americas, New York, NY 10020, and virtually via a live webcast at www.cstproxy.com/prospectorcapital/egm2023. Holders of Prospector’s ordinary shares at the close of business on the record date of November 14, 2023 are entitled to notice of the Extraordinary General Meeting and to vote at the Extraordinary General Meeting. More details about the Business Combination and the resolutions to be voted upon at the Extraordinary General Meeting can be found in the definitive proxy statement/prospectus filed by Prospector, available at www.sec.gov.

Assuming satisfaction of the conditions of the closing of the Business Combination, including approval of the Business Combination by Prospector shareholders, the combined company intends to operate as LeddarTech Inc. and is expected to be listed on NASDAQ under the ticker symbol “LDTC”, with warrants under the ticker “LDTCW”. The NASDAQ listing is subject to the closing of the Business Combination and fulfillment of all NASDAQ listing requirements.

About LeddarTech

A global software company founded in 2007 and headquartered in Quebec City with additional R&D centers in Montreal, Toronto and Tel Aviv, Israel, LeddarTech develops and provides comprehensive AI-based low-level sensor fusion and perception software solutions that enable the deployment of ADAS and autonomous driving (AD) applications. LeddarTech’s automotive-grade software applies advanced AI and computer vision algorithms to generate accurate 3D models of the environment to achieve better decision making and safer navigation. This high-performance, scalable, cost-effective technology is available to OEMs and Tier 1-2 suppliers to efficiently implement automotive and off-road vehicle ADAS solutions.

LeddarTech is responsible for several remote-sensing innovations, with over 150 patent applications (80 granted) that enhance ADAS and AD capabilities. Better awareness around the vehicle is critical in making global mobility safer, more efficient, sustainable and affordable: this is what drives LeddarTech to seek to become the most widely adopted sensor fusion and perception software solution.

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

About Prospector Capital Corp.

Prospector is a special-purpose acquisition company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses with a focus on companies with advanced and highly differentiated solutions for the technology sector. The company is led by a team of experienced investors and executives focused on identifying and investing in high-growth companies with strong management teams and attractive market opportunities. Prospector’s securities are traded on NASDAQ under the ticker symbols “PRSR,” “PRSRU” and “PRSRW.”

Important Information About the Proposed Transaction and Where to Find It

In connection with the proposed business combination, Prospector, LeddarTech and Newco have prepared and filed with the Securities and Exchange Commission (the “SEC”) the registration statement on Form F-4 (the “Registration Statement”), and Prospector will mail the proxy statement/prospectus contained within the Registration Statement to its shareholders and file other documents regarding the business combination with the SEC. This press release is not a substitute for any proxy statement, registration statement, proxy statement/prospectus or other documents Prospector or Newco may file with the SEC in connection with the business combination. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THE REGISTRATION STATEMENT WHEN IT BECOMES AVAILABLE, ANY AMENDMENTS OR SUPPLEMENTS TO THE REGISTRATION STATEMENT AND OTHER DOCUMENTS FILED BY PROSPECTOR OR NEWCO WITH THE SEC IN CONNECTION WITH THE BUSINESS COMBINATION, BECAUSE THESE DOCUMENTS WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders will be able to obtain free copies of the Registration Statement and other documents filed with the SEC by Prospector or Newco through the website maintained by the SEC at www.sec.gov.

Forward-Looking Statements

Certain statements contained in this press release may be considered forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act and Section 21E of the Exchange Act (which forward-looking statements shall also include forward-looking statements and forward-looking information within the meaning of applicable Canadian securities laws), including, but not limited to, statements regarding the business combination involving Prospector, LeddarTech and Newco, the ability to consummate the business combination and the timing thereof, the anticipated benefits from the business combination, the closing of the private placement financing and expected proceeds therefrom and statements relating to Newco’s anticipated strategy, future operations, prospects, objectives and financial projections and other financial metrics. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “may,” “will,” “should,” “would,” “expect,” “anticipate,” “plan,” “likely,” “believe,” “estimate,” “project,” “intend” and other similar expressions among others. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: (i) the risk that the conditions to the closing of the business combination are not satisfied, including the failure to timely or at all obtain shareholder approval for the business combination or the failure to timely or at all obtain any required regulatory clearances, including of the Superior Court of Justice of Québec; (ii) uncertainties as to the timing of the consummation of the business combination and the ability of each of Prospector, LeddarTech and Newco to consummate the business combination; (iii) the possibility that other anticipated benefits of the business combination will not be realized, and the anticipated tax treatment of the business combination; (iv) the occurrence of any event that could give rise to termination of the business combination; (v) the risk that shareholder litigation in connection with the business combination or other settlements or investigations may affect the timing or occurrence of the business combination or result in significant costs of defense, indemnification and liability; (vi) changes in general economic and/or industry-specific conditions; (vii) possible disruptions from the business combination that could harm LeddarTech’s business; (viii) the ability of LeddarTech to retain, attract and hire key personnel; (ix) potential adverse reactions or changes to relationships with customers, employees, suppliers or other parties resulting from the announcement or completion of the business combination; (x) potential business uncertainty, including changes to existing business relationships, during the pendency of the business combination that could affect LeddarTech’s financial performance; (xi) legislative, regulatory and economic developments; (xii) unpredictability and severity of catastrophic events, including, but not limited to, acts of terrorism, outbreak of war or hostilities and any epidemic, pandemic or disease outbreak (including COVID-19), as well as management’s response to any of the aforementioned factors; (xiii) access to capital and financing and LeddarTech’s ability to maintain compliance with debt covenants; and (xiv) other risk factors as detailed from time to time in Prospector’s reports filed with the SEC, including Prospector’s Annual Report on Form 10-K, periodic Quarterly Reports on Form 10-Q, periodic Current Reports on Form 8-K and other documents filed with the SEC, as well as the risk factors to be contained in the Registration Statement. The foregoing list of important factors is not exhaustive. Neither Prospector nor LeddarTech can give any assurance that the conditions to the business combination will be satisfied. Except as required by applicable law, neither Prospector nor LeddarTech undertakes any obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

No Offer or Solicitation

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities of Prospector or Newco, a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended (the “Securities Act”).

Participants in Solicitation

Prospector, LeddarTech and Newco, and certain of their respective directors, executive officers and employees, may be deemed to be participants in the solicitation of proxies in connection with the business combination. Information about the directors and executive officers of Prospector can be found in the Annual Report on Form 10-K for the fiscal year ended December 31, 2022, which was filed with the SEC on March 31, 2023. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of proxies in connection with the business combination, including a description of their direct or indirect interests, by security holdings or otherwise, will be set forth in the Registration Statement and other relevant materials when they are filed with the SEC. These documents can be obtained free of charge from the source indicated above.

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

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


GlobeNewswire Distribution ID 8989420

Zenas BioPharma Strengthens Executive Leadership with Appointment of Jennifer Fox as Chief Business Officer and Chief Financial Officer and Tanya Fischer, M.D., PhD. as Head of R&D and Chief Medical Officer

Expanded strategic and operational leadership positions Zenas for growth as obexelimab advances in late-stage clinical trials for multiple potential I&I indications

WALTHAM, Mass., Dec. 04, 2023 (GLOBE NEWSWIRE) —  Zenas BioPharma, a global biopharmaceutical company committed to becoming a leader in the development and commercialization of inflammation and immunology (I&I) directed therapies, today announced the appointment of Jennifer Fox as its Chief Business Officer and Chief Financial Officer and Tanya Fischer, M.D., Ph. D as Head of Research and Development and Chief Medical Officer.

“We are thrilled to welcome Tanya and Jen to our executive team,” said Lonnie Moulder, Founder and Chief Executive Officer of Zenas BioPharma. “Tanya is a deeply experienced physician-scientist leader and Jen is a seasoned healthcare finance and corporate development leader. With their decades of industry leadership experience, they will each be an invaluable addition to Zenas as we head into our next phase of growth, advancing multiple global programs in late-stage clinical development with a goal to deliver differentiated I&I directed therapies to patients in need around the world.”

Ms. Fox is an experienced finance and corporate development executive with an extensive track record in corporate finance and healthcare investment banking, advising numerous private and public companies with respect to strategy, financings and mergers and acquisitions. Prior to joining Zenas, Ms. Fox served as Chief Financial Officer at Nuvation Bio, a publicly traded biotechnology company. She previously served as a Managing Director and Co-Head of North America Healthcare Corporate and Investment Banking Group at CitiGroup. Prior to CitiGroup, Ms. Fox held senior positions in investment banking at Deutsche Bank, Bear Stearns, Bank of America and Prudential Securities. She holds B.S. degrees in finance and marketing from Manhattan College.

Dr. Fischer is a physician-scientist with deep experience in academia and at both pharmaceutical and biotechnology companies, leading early and late-stage research and development programs across multiple therapeutic areas, including neurology and rare diseases. Prior to joining Zenas, she served as Chief Development Officer and Head of Translational Medicine at Biohaven, a publicly traded biopharmaceutical company. Dr. Fischer began her industry career at Bristol Myers Squibb and held R&D leadership roles of increasing responsibility at EMD-Serono, Sanofi-Genzyme and Alnylam. She is a neurologist and held appointments at Yale University School of Medicine following the completion of her Neurology residency at Yale New Haven Hospital. She obtained MD and PhD degrees from the University of Medicine and Dentistry of New Jersey – Robert Wood Johnson Medical School and Rutgers University, respectively, and was awarded the prestigious Presidential Early Career Award for Scientists and Engineers (PECASE).

About Zenas BioPharma

Zenas BioPharma is a global biopharmaceutical company committed to becoming a leader in the development and commercialization of inflammation and immunology (I&I) directed therapies for patients in need around the world. With clinical development capabilities and operations globally, Zenas is advancing a portfolio of potentially differentiated autoimmune therapeutics in areas of high unmet medical need. Our experienced leadership team and network of business partners drive operational excellence to deliver potentially transformative therapies to improve the lives of those facing autoimmune and rare diseases. For more information about Zenas BioPharma, please visit www.zenasbio.com and follow us on Twitter at @ZenasBioPharma and LinkedIn.

About Obexelimab

Obexelimab is an investigational Phase 3-stage, bifunctional, non-cytolytic, humanized monoclonal antibody that mimics the action of antigen-antibody complexes by binding CD19 and FcγRIIb to inhibit B-lineage cell activity. In several early-stage clinical studies, including in various autoimmune diseases, 198 subjects were treated with obexelimab. In these clinical studies, obexelimab demonstrated inhibition of B cell function without depleting the cells, resulting in encouraging treatment effect in patients with various autoimmune diseases. Zenas acquired exclusive worldwide rights to obexelimab from Xencor, Inc. Obexelimab is currently being studied in a global Phase 3 clinical study in patients with IgG4 Related Disease and a global Phase2/3 study in patients with warm autoimmune hemolytic anemia (wAIHA). Clinical development of obexelimab for Multiple Sclerosis and Systemic Lupus Erythematosus is under evaluation.

More information on the Phase 3 (INDIGO) study for the treatment of IgG4 Related Disease is available at clinicaltrials.gov: NCT05662241. More information on the Phase 3 (SApHiAre) study for the treatment of wAIHA is available at clinicaltrials.gov: NCT05786573.

Investor and Media Contact:
Joe Farmer, President & COO
Zenas BioPharma
IR@zenasbio.com

GlobeNewswire Distribution ID 8987984

Barbara and Peter, the first-ever female and male T.rex on show together, break all records

Seven Dials City: Media Snippet

A Media Snippet accompanying this announcement is available by clicking on this link.

  • Most successful dinosaur exhibit of all-time
  • More than 1.5 million visitors see Barbara and Peter – a world-first male & female T. rex pairing
  • Barbara is one of only three female T. rex specimens ever discovered
  • Auckland Museum breaks new ground by open access publication of scientific research of the specimens
  • Visitor numbers equivalent to a third of the population of New Zealand have seen the Barbara and Peter T. rex exhibit

AUCKLAND, New Zealand and LONDON, Dec. 04, 2023 (GLOBE NEWSWIRE) — With just days left to run, the world’s first display of an adult male and female T.rex side by side is believed to be the most successful dinosaur exhibition of all time.

Already, 1.5 million people have visited Auckland Museum to see this spectacular exhibition, which has run for a year, and which will draw to a close on December 10, 2023. Given that New Zealand itself has a population of just 5.1 million inhabitants, the numbers who came to see the two T.rex dinosaurs, named Barbara and Peter, are unprecedented.

David Reeves, CEO of Auckland Museum, hailed the impact of the exhibition: “Not only have we seen visitor numbers equivalent to almost the whole of Auckland’s population of 1.6 million come through the doors, but Barbara and Peter have provided a once-in-a-lifetime, educational experience for many, many thousands of school children. It has been a joy to see people’s reactions as they encounter these magnificent specimens for the first time.”

Tyrannosaurus rex fossils are extremely rare, with only about 20 T. rex on display in museums worldwide. These were the first T. rex exhibits in the Southern Hemisphere. The world’s most famous dinosaur is so scarce that there is no T. rex on permanent exhibit in the Middle East, the whole of Asia, Africa or Latin America. There are only four T. rex on display in Europe.

Female T. rex specimens are rarer still, with Barbara representing only the third ever pregnant Tyrannosaurus rex dinosaur skeleton to be discovered. Barbara is 44.7 per cent complete, making her the 8th most complete T. rex in the world. She measures an impressive 11.7 metres long and 3.4m high.

Close viewing of the T.rex reveals some of the incredible anatomical features of one of the largest land predators of all time and offers the ability to inspect injuries that pathological findings revealed, specifically an injury to Barbara’s leg, likely to have been caused by another T.rex. It is remarkable that a massive animal like Barbara, which relied on walking or running on two legs as the primary method of locomotion, could survive such an injury. She lived for a long period after the injury, as can be seen by the evidence of a healed metatarsal.

Dr Andre Lujan, President of the Association of Applied Paleontological Sciences, said: “The Auckland Museum should be congratulated on this ground-breaking world first exhibit of a male and female T.rex together. Visitor numbers show that a huge percentage of New Zealand’s children got to see these magnificent specimens, which is a wonderful inspiration for the next generation of paleontologists.”

Alongside the exhibiting of Barbara and Peter, Auckland Museum has made public the preliminary scientific research on the specimens, undertaken by expert academics. According to David Reeves: “The publication of this research, made available to the museum and its visitors, is a novel and hugely important concept, designed to bridge the gap for the lay observer between the learned, peer-reviewed academic reports and the very limited data typically supplied to visitors by museums in support of such exhibits. This has truly ignited the imagination of young scientists in New Zealand.”

These preliminary reports have been prepared by two of the world’s top theropod paleontologists, Dr David Burnham (University of Kansas Biodiversity Institute and Natural History Museum) and Dr John Nudds (Department of Earth and Environmental Sciences, University of Manchester), who studied both Barbara and Peter in their university laboratories for many months.

Dr Nudds commented: “These reports are designed to encourage children and young people to learn about the extraordinary world of theropods, a subject that has fascinated me for my entire professional life.”

Dr Burnham added: “Barbara and Peter each represents an individual animal that was a living and breathing organism. Studying and reporting publicly about each individual specimen means it becomes part of the entire body of knowledge about Tyrannosaurus rex. Therefore, every documented specimen counts enormously, not least because there are so very few.”

This unique display, together with published research, has afforded the public to gain a deeper understanding of the history and mysteries of the T.rex, providing insights into their origins, lives, and the remarkable process of finding and mounting fossil specimens.

The exhibition will close soon, but already 1.5 million people have been thrilled by the once-in-a-lifetime opportunity to stand face-to-face with two real T. rex, brought together for the first time in 66 million years.

For further information

Seven Dials City

Simon Kelner
simon@sevendialspr.com
+44 7775 788898

James Devas
james@sevendialscity.com
+44 7885 813 114

ABOUT AUCKLAND WAR MEMORIAL MUSEUM

Auckland War Memorial Museum is one of New Zealand’s first museums. The Museum tells the story of New Zealand, its place in the Pacific and its people. The Museum is a war memorial for the province of Auckland and holds one of New Zealand’s top three heritage libraries. It has pre-eminent Māori and Pacific collections, significant natural history resources and major social and military history collections, as well as decorative arts and pictorial collections.

GlobeNewswire Distribution ID 1000902476

King Faisal Specialist Hospital and Research Center Honors Two Decades of Heartfelt Employee Commitment

KFSH&RC

RIYADH, Saudi Arabia, Nov. 29, 2023 (GLOBE NEWSWIRE) — King Faisal Specialist Hospital and Research Center takes great pride in recognizing the exceptional dedication of its diverse workforce, with each member contributing two decades to the noble mission of patient care. His Excellency, CEO Dr. Majid Al-Fayad, personally paid tribute to these trailblazing individuals at the forty-fourth edition of the Pioneers Honoring Ceremony, held in both Jeddah and Riyadh on November 20th and 22nd, respectively.

In conveying appreciation for the unwavering commitment to healthcare, the hospital commemorated the meaningful moments dedicated to enhancing the overall patient experience. The culmination of these efforts has woven a rich tapestry of experience and skills, forming the foundation for the esteemed status King Faisal Specialist Hospital and Research Center holds today.

Central to this success is the unwavering commitment to employee development and the cultivation of a robust organizational culture. The hospital places special emphasis on its human capital, acknowledging their pivotal role in achieving its global prominence. This commitment is evident through the implementation of quality programs and services aimed at enhancing the work environment and employee productivity.

KFSH&RC

The success of these initiatives is reflected in an internal survey, where 78% of participants recommend the work environment, and 81% express satisfaction with the services provided by the hospital. King Faisal Specialist Hospital and Research Center’s dedication to its staff is further exemplified by the establishment of a social club for employees several years ago. This initiative fosters a positive work environment, promoting social interaction, personal growth, and community participation, ensuring that individuals feel valued, connected, and supported.

Highlighting the hospital’s commitment to continuous personal and professional development, KFSH&RC regularly organizes workshops, seminars, and dialogue sessions covering various topics such as leadership, time management, stress management, financial well-being, and career advancement. These educational opportunities aim to contribute to the potential growth of employees within the organization.

Through these initiatives, King Faisal Specialist Hospital and Research Center aspires to create an enticing work environment that attracts top-tier healthcare professionals worldwide. This commitment aligns with its strategic goals, supporting its nearly five-decade journey to be a global leader in providing specialized healthcare through research and innovation.

Contact information:
kfshrc@mcsaatchi.com

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/9653cc92-53bc-4f7c-931c-ae2f0dee72bb

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GlobeNewswire Distribution ID 8986869

Building Climate Resilience Via Investment Migration to Secure a Sustainable Future

LONDON, Nov. 28, 2023 (GLOBE NEWSWIRE) — Henley & Partners has seen a significant uptick in interest from both private clients and governments in investment migration programs as an effective mechanism to improve their resilience to the impacts of climate change and mitigate other sustainability risks. Besides phasing out fossil fuels, the other two core themes for the upcoming UNFCCC COP28 conference in Dubai, UAE, are building climate-resilient societies and investing in climate solutions. In its inaugural Henley Wealth and Sustainability Report published today, the international residence and citizenship advisory firm highlights how investment migration can assist in addressing both these significant global challenges.

The innovative study analyzes over 150 data points across five key sustainability and wealth parameters including population density and CO2 emissions per capita, achievement of the UN’s Sustainable Development Goals (SDGs), and unique wealth tier and wealth per capita data from global wealth intelligence firm New World Wealth. The report focuses on G7 nations, BRICS member states, including the six new countries that will join the bloc in January 2024 (Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE), and a selection of 19 countries that host investment migration programs, which enable investors to acquire residence or citizenship in return for making a significant contribution to the economy.

The G7 brings together seven of the world’s most advanced industrial economies in the Global North, while the new BRICS plus Six configuration represents major emerging economies in the Global South. As Dr. Juerg Steffen, CEO of Henley & Partners, points out in the report, both groupings represent a significant share of the global economy and population, and both aim to tackle pervasive global issues such as climate change. “Investment migration can provide much-needed foreign direct investment to help meet our sustainability challenges. Several countries are already channeling program inflows into projects to boost their countries’ climate resilience for the benefit of their citizens. Grenada, for instance, has strengthened its resilience against natural disasters by offering investors citizenship in exchange for a contribution to the country’s National Transformation Fund, which supports a range of industries including alternative energy. A non-refundable contribution to Antigua and Barbuda’s National Development Fund is another example of how a country is driving its transition to renewable energy through citizenship by investment.”

Prof. Trevor Williams, former Chief Economist at Lloyds Bank Commercial banking, says the Henley Wealth and Sustainability Report can assist those looking for opportunities, either private or public, to invest in sustainability projects and other carbon-reducing initiatives. “The framing allows those seeking areas where climate change is less threatening, where adaptation is occurring fastest, and as a result where threats to sustainability are lowest to locate to achieve that goal. Through this approach, these individuals are also able to see which countries allow investors to acquire residence status through various programs, and where the opportunities for mitigation and adaptation will offer the highest returns on investment. It also shows where the best investment options are for funds that are seeking returns through sustainability and green and carbon-reducing projects and investment activities.”

Commenting in the report, Dr. Areef Suleman, Director of Economic Research and Statistics at the Islamic Development Bank (IsDB) Institute, says the analysis provides a data-driven perspective on how residence and citizenship by investment programs can be leveraged to enhance investment resilience and sustainability. “Investment migration countries consistently performed better than G7 and BRICS plus Six countries in key areas such as environmental responsibility, infrastructure reliability, healthcare and education quality, economic growth, and wealth accumulation. These insights underscore the wisdom investment migration offers high-net-worth individuals in securing a sustainable future for them and their progeny. In an ever-changing world, data and evidence-based decision-making provide the right compass for investors and families seeking a path to economic prosperity and sustainability.”

Read Full Press Release and the Henley Wealth and Sustainability Report.

Media Contact

Sarah Nicklin
Group Head of PR
sarah.nicklin@henleyglobal.com
Mobile: +27 72 464 8965

GlobeNewswire Distribution ID 1000901070

KFSH&RC Jeddah Hosts The 10th International Nursing Conference Gathering Renowned Global Experts and Specialists

– Honorary Accreditation of the Nursing Residency Program announced

KFSH&RC Jeddah Hosts The 10th International Nursing Conference Gathering Renowned Global Experts and Specialists _02

KFSH&RC Jeddah Hosts The 10th International Nursing Conference Gathering Renowned Global Experts and Specialists _02

RIYADH, Saudi Arabia, Nov. 27, 2023 (GLOBE NEWSWIRE) — The 10th International Nursing Conference commenced this morning in Jeddah, themed ‘Nurses: As Catalysts, Navigators & Innovators in Healthcare’. Organized by the King Faisal Specialist Hospital and Research Centre (KFSH&RC), the conference aims to create a unified platform for healthcare professionals to share insights and experiences. It also focuses on transforming healthcare delivery, advancing the nursing profession, and strengthening the hospital’s stature as a global leader in nursing practices.

Marking its first edition post the COVID-19 pandemic era, this year’s conference, spanning three days, features a lineup of 14 keynote sessions, 40 concurrent sessions, 10 in-depth workshops, and 55 simultaneous presentations. The expected attendance is around 650 individuals.

In a significant announcement at today’s conference, the Nursing Residency Program at Jeddah’s King Faisal Specialist Hospital and Research Center received the American Nurses Credentialing Center (ANCC) accreditation, achieving an honor status. This accreditation distinguishes the hospital as the first and only healthcare institution outside the United States to be recognized with this level of excellence by the ANCC.

The goal of the accredited Nursing Residency Program is to provide recent nursing graduates with essential knowledge and hands-on experience. This initiative is designed to ensure that they are well-prepared to deliver top-tier patient care, upholding the highest standards of healthcare excellence.

KFSH&RC Jeddah Hosts The 10th International Nursing Conference Gathering Renowned Global Experts and Specialists

KFSH&RC Jeddah Hosts The 10th International Nursing Conference Gathering Renowned Global Experts and Specialists

KFSH&RC has been inducted into the esteemed ‘Sigma Theta Tau’ International Honor Society of Nursing. This membership, a first for any non-academic healthcare institution outside the United States, underscores the hospital’s role as a frontrunner in nursing practices, not just in the Middle East but on the global stage.

With this membership, KFSH&RC staff gain access to an extensive collection of scientific resources and world-class nursing practices from leading healthcare institutions globally. Such access is pivotal for elevating the standard of nursing care, advancing healthcare outcomes, and enhancing the overall patient experience.

Moreover, the membership allows the hospital to share its expertise and practices accumulated over more than four decades in the fields of nursing and healthcare with over 600 healthcare institutions and a network of over 100,000 members worldwide. These members are part of an association committed to advancing nursing knowledge, education, learning, and service by fostering communities of practice, education, and research.

Celebrating its 20th year, the conference is set to explore pivotal themes in the nursing sector. Top on the agenda is the integral role of nursing in achieving the ambitious objectives of Saudi Vision 2030. The event will also delve into the future of healthcare, particularly how technology and innovation are reshaping the landscape. Discussions will extend to the sustainability of healthcare services, alongside strategic insights into nurse recruitment and retention. Additionally, the conference will spotlight the latest advancements in nursing research and the critical role of evidence-based practices in modern healthcare.

The King Faisal Specialist Hospital and Research Centre stands out globally for its specialized healthcare and advanced nursing services. Notably, it has been awarded the prestigious Magnet accreditation for the third time in a row, a testament to its excellence in nursing. This accreditation, from the American Nurses Credentialing Center (ANCC), represents the global gold standard in nursing. It is an honor reserved for elite hospitals that demonstrate exceptional nursing services, high-quality patient care, innovative practices, and remarkable medical outcomes. This recognition is highly selective, with only about 8% of hospitals worldwide achieving this status.

Contact information:
kfshrc@mcsaatchi.com

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/2f309382-e99c-4c05-804d-a04a91d5a9f2
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GlobeNewswire Distribution ID 8985260

Pixalate Launches “Made For Advertising” (MFA) Detection and Blocking Technology for Websites, Connected TV & Mobile Apps

New feature delivers continuous monitoring and rating of 100+ million web domains, CTV and mobile apps assigning a high, medium, or low MFA risk assessment

London, UK, Nov. 21, 2023 (GLOBE NEWSWIRE) — Pixalate, the global market-leading ad fraud protection, privacy, and compliance analytics platform, today announced the launch of  “Made for Advertising” (MFA) technology to detect and block MFA websites, CTV and mobile apps. Pixalate’s MFA solution rates websites, CTV and mobile apps with a high, medium, or low MFA risk; this new feature is available in Beta across the Pixalate product suite.

Pixalate’s MFA detection technology models historical open programmatic transaction data across all apps, pages and URLs; an October 2023 MFA Pixalate assessment deemed over 15K MFA websites and apps high risk. MFA websites and apps can feature intrusive advertising techniques like pop-up ads, auto-play videos, or ads restricting access to content, often resulting in a poor advertising-to-attention ratio.

With the release of this new feature, Pixalate addresses the nuances of MFA in CTV and mobile apps by incorporating metrics beyond ad refresh and ad density to include the age of the app, invalid traffic (IVT) rates, user ratings, and popularity rankings. Pixalate uses statistical techniques such as Univariate/Multivariate Descriptive and Gaussian curve analysis to assign high, medium, or low MFA risk to websites, CTV, and mobile apps.

Pixalate’s MFA risk assessment technology uses the following data points, enabling ad buyers to adjust their MFA risk threshold:

Connected TV App MFA Risk Definition and Criteria  

  • MFA Risk: Pixalate’s assessment of the risk (High, Medium or Low) of the CTV app being deemed MFA
    • Ad Refresh Rate: Number of ad impressions observed per device, per hour
    • Age:  Age of the app on the App Store
    • IVT: IVT% of the App across regions
    • Popularity Score: Pixalate’s popularity score for the app
    • Reviews: Number of Reviews

Mobile App MFA Risk Definition and Criteria 

  • MFA Risk: Pixalate’s assessment of the risk (High, Medium or Low) of the mobile app being deemed MFA
    • Ad Refresh Rate: Number of ad impressions observed per device per hour
    • Age:  Age of the app on the App Store
    • IVT: IVT% of the app across regions
    • Popularity: Pixalate’s popularity score for the app
    • Reviews: Number of Reviews

Website MFA Risk Definition and Criteria

  • MFA Risk: Pixalate’s assessment of the risk (High, Med or Low) of the website being deemed MFA
    • Ad Density Rate: Number of ad placements observed per device, per minute
    • Ad Refresh Rate: Number of ad impressions observed per device, per minute
    • Paid Traffic Rate: Volume of traffic sourced via paid (ad) sources
    • Social Traffic Rate: Volume of traffic sourced via social media

Examples of Made for Advertising in Websites, CTV and Mobile Apps: 

MFA Mobile App Example: MFA observed by Pixalate in mobile app shows ads blocking the apps’ content, promoting unqualified clicks from users therefore impeding the implied app functionality.

MFA CTV App Example: Pixalate observed a MFA CTV app presenting small thumbnail-sized video ads instead of full-screen ads. The videos run back-to-back, muted, and constantly in a corner of the screen overlaid on the intended CTV content.

MFA Website Example: The example MFA website met Pixalate’s criteria for MFA based on the number of ad placements, ad refresh rate, and traffic source types.

MFA Detection and Real-time Blocking:

  • MFA Blocking Technology: Distinct Data Feeds for MFA mobile apps, CTV apps, and websites
    • Segmented by medium- and high-risk
    • Available via API or FTP for high performance and low latency
  • MFA Risk Assessment in the Media Ratings Terminal: Pixalate’s ad supply chain intelligence tool, the Media Ratings Terminal (MRT), now includes MFA risk assessments
  • MFA Reports in Analytics Dashboard: Pixalate’s post-bid analytics dashboard will provide clients insight into the impact of MFA websites and apps on their first-party traffic
  • MFA insights via APIs: The Enrichment API within Pixalate’s self-service Ad Trust and Safety API suite now includes MFA insights associated with the websites, mobile and CTV apps. Insights include the overall MFA Risk rating and the details impacting MFA risk such as Ad Density, Ad Refresh Rate, App Age, Paid Traffic, etc.

Visit Pixalate’s blog to learn more about Pixalate’s MFA capabilities.

About Pixalate

Pixalate is a global market-leading ad fraud protection, privacy, and compliance analytics platform. Pixalate works 24/7 to guard your reputation and grow your media value by offering the only system of coordinated solutions across display, app, video, and CTV for the detection and elimination of ad fraud. Pixalate is an MRC-accredited service for the detection and filtration of sophisticated invalid traffic (SIVT) across desktop and mobile web, mobile in-app, and CTV advertising.

DISCLAIMER

The content of this press release, and Pixalate’s Made for Advertising Risk solutions (the “Services“) reflect Pixalate’s opinions with respect to factors that Pixalate believes can be useful to the digital media industry. Any data shared in this press release and/or the Services is grounded in Pixalate’s proprietary technology and analytics, which Pixalate is continuously evaluating and updating. Pixalate’s opinions are just that, opinions, which means that they are neither facts nor guarantees. Pixalate is sharing this data not to impugn the standing or reputation of any entity, person, website, or app, but, instead, to report findings and trends pertaining to programmatic advertising activity in the time period studied.

Attachment

Emily Rollman
Pixalate Inc.
erollman@pixalate.com

GlobeNewswire Distribution ID 8983391

eXp Luxury Soars Past 1,100 Members, Fueling Global Growth

Company Expects Additional Global Markets to Launch by Q1 2024

eXp Luxury Soars Past 1,100 Members, Fueling Global Growth

Company Expects Additional Global Markets to Launch by Q1 2024

BELLINGHAM, Wash., Nov. 21, 2023 (GLOBE NEWSWIRE) — eXp Realty®, “the most agent-centric real estate brokerage on the planet™” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced eXp Luxury, its forward-thinking luxury real estate program, has surpassed 1,100 members throughout the United States, Puerto Rico and Canada, with additional countries expected to launch by the first quarter of 2024.

eXp Luxury leverages eXp Realty’s exclusive resources and innovative technology. It first launched in the U.S. in October 2022, quickly growing to 700 members in less than a year. The Canadian launch followed in September 2023 and Puerto Rico this month. The program is expected to expand into the United Kingdom, South Africa, Portugal, Australia and New Zealand by the first quarter of 2024.

“Our agents’ strong desire to access the exclusive eXp Luxury community, its world-class resources and support has been instrumental in driving its global expansion,” stated Michael Valdes, Chief Growth Officer of eXp Realty. “With over 1,100 members currently on board, our global presence continues to grow. We take pride in the rapid growth of eXp Luxury and eagerly anticipate offering more agents the opportunity to join our expert community, as we bring the future of luxury real estate to new, exciting markets.”

For more about the eXp Luxury program, visit expluxury.com.

About eXp World Holdings, Inc.
eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty®, Virbela and SUCCESS® Enterprises.

eXp Realty is the largest independent real estate company in the world with more than 89,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal, France, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama, Germany, Dominican Republic, Greece, New Zealand, Chile, Poland and Dubai and continues to scale internationally. As a publicly traded company, eXp World Holdings provides real estate professionals the unique opportunity to earn equity awards for production goals and contributions to overall Company growth. eXp World Holdings and its businesses offer a full suite of brokerage and real estate tech solutions, including its innovative residential and commercial brokerage model, professional services, collaborative tools and personal development. The cloud-based brokerage is powered by Virbela, an immersive 3D platform that is deeply social and collaborative, enabling agents to be more connected and productive. SUCCESS® Enterprises, anchored by SUCCESS® magazine and its related media properties, was established in 1897 and is a leading personal and professional development brand and publication.

For more information, visit https://expworldholdings.com.

Safe Harbor Statement

The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. These statements include, but are not limited to, statements about the continued growth of our agent and broker base; expansion of our residential real estate brokerage business into foreign markets; revenue growth; and financial performance. Such forward-looking statements speak only as of the date hereof, and the Company undertakes no obligation to revise or update them. Such statements are not guarantees of future performance. Important factors that may cause actual results to differ materially and adversely from those expressed in forward-looking statements include changes in business or other market conditions; the difficulty of keeping expense growth at modest levels while increasing revenues; and other risks detailed from time to time in the Company’s Securities and Exchange Commission filings, including but not limited to the most recently filed Quarterly Report on Form 10-Q and Annual Report on Form 10-K.

Media Relations Contact:
eXp World Holdings, Inc.
mediarelations@expworldholdings.com

Investor Relations Contact:
Denise Garcia
investors@expworldholdings.com

An image accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3de7127b-a405-434a-b5a5-81e17d7be12d

GlobeNewswire Distribution ID 8983238

XOOX, the world’s first pet networking service (PNS), creates buzz with its launch

XOOX LAB, INC

XOOX leads the pet networking services arena with its innovative features, including short-form content challenges, dedicated music for pets, and revolutionary health management.

– Popular for its short-form content challenges, pet music, illness diagnosis kit app, etc.

– Providing a newly conceptualized service with ID registration using pets’ eyes

NEW YORK, Nov. 21, 2023 (GLOBE NEWSWIRE) — XOOX, a pet networking service (PNS) application featuring short-form content challenges, launched this month, winning over global pet owners. XOOX commenced its service with an advertisement in New York’s Times Square, underscoring its exclusive focus on our four-legged companions.

XOOX operates uniquely under pet accounts through Pet ID registration devised by XOOX’s global research and AI teams, including veterinary experts worldwide, utilizing innovative biometric identification techniques such as eyelid patterns and eye wrinkles. XOOX’s research team stated, “Through Pet ID, pets are recognized as account users on XOOX, allowing them to engage in various activities such as pet registration, insurance, health management, and making friends,” adding, “To enhance the accuracy of biometric recognition, we adopted a method that is a step up from nose prints and iris scans.”

In XOOX, pets become influencers through their IDs, boosting visibility by sharing their daily lives, engaging with followers, and participating in short-form content challenges. They earn points for various activities, usable in connected apps, for creating avatars, and for product purchases. Pet owners, known as Petlers, manage their pets’ IDs and support them in their activities. Striving to foster a positive shift in attitudes toward pets, XOOX welcomes individuals who currently do not own pets to also join. However, posting content is not a feature available to them at this time. Peter Kim, Technical Advisor at XOOX, said, “XOOX aims to create a positive space where modern individuals can escape from complicated reality and connect with their pets.” Kim added, “XOOX will allow pets to create more memories with their Petlers by utilizing a storyscaping approach and unique and informative services.”

The world of XOOX is full of exclusive content for pets. Its most popular music app (XOOX M) lets Petlers to select music that suits the pet’s preferences. The app, created through content development by XOOX’s music content affiliate Jo studios (CEO: Woojin Cho), is designed for pets waiting for their owners and currently hosts over 3,000 songs. Petlers can also create and upload their own music, earning points for popularity, which can be spent by their pets. XOOX M ensures a pet-friendly listening experience at a comfortable decibel level.

Additionally, a product developed with Push Pull System (CEO: Sungmyon Song) is in the works. By analyzing and utilizing deep learning techniques, it will determine whether pets truly enjoy music and do not perceive it as noise. The product will seamlessly sync with pet cameras and speakers, offering personalized music recommendations for your pets.

As a pet owner, it is worth paying attention to the app’s current launch promotion. In celebration of the launch, XOOX is giving away 10,000 free urine test kits to account holders worldwide. These test kits provide a simple way to detect illnesses through animal urine, making them ideal for pets in areas with limited access to veterinary care, helping to maintain the well-being of your beloved pets.

Furthermore, based on the launch of the pet urine diagnostic kit app with Medi Cloud, a global genetic analysis company based on NGS technology, XOOX will also launch applications that link pet DNA and MBTI.

Upon registration, 1 cent is automatically donated to the XOOX Foundation. These contributions will be directed towards campaigns across the globe aiming to positively influence pet-related legislation. With XOOX empowering pets to play a central role in our world, there is a strong belief that it will significantly contribute to creating a more supportive and pet-friendly environment.

Contact:

XOOX LAB, INC

www.xoox.pet

Kristen Kim

Tel.: +1 (213) 944-2679

Email: press@xoox.pet

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1f092720-eaa2-478b-8bd4-99fa5c3fc51c

GlobeNewswire Distribution ID 8981332

RSPO Celebrates 20 Years of Impact and Reaffirms the Power of Partnerships for the Next 20

Collective action and innovative practices sowed within the industry are reaping results, with RSPO global certification, membership, production and consumption volumes steadily on the rise, alongside greater environmental stewardship

Opening Speech

RSPO Chief Executive Officer delivering the opening speech at RSPO RT2023

JAKARTA, Indonesia, Nov. 21, 2023 (GLOBE NEWSWIRE) — The Roundtable on Sustainable Palm Oil marked a special milestone at its Annual Roundtable conference (RT2023), themed “Partners for the Next 20”, to reflect on nearly two decades of impact made possible through the collaborative efforts of RSPO’s Members and partners. RT2023 presented an opportunity to take unified action on the core challenges facing the sustainable palm oil industry, including mitigating climate change, increasing uptake of certified sustainable palm oil (CSPO), protecting labour rights, and facilitating greater smallholder inclusion in green supply chains through compliance with emerging international regulations.

For nearly twenty years, the RSPO has facilitated global change to make the production and consumption of palm oil sustainable. Starting from 200 members from 16 countries in 2004, RSPO now counts more than 5,700 members in over 100 countries and territories spanning the globe.

In his opening remarks, RSPO CEO Joseph D’Cruz said, “Through nearly two decades of voluntary action, RSPO Members have banded together to raise the bars of sustainability within the industry. The impact we have collectively achieved is increasingly being acknowledged by stakeholders outside our industry, and we are seeing a definite shift in the sustainable palm oil narrative in our favour. As a global partnership to make palm oil sustainable, we must ride this trajectory and continue to evolve and pursue new territory. There is room now for us to move beyond a standard and certification system and develop tools that would enable the industry to demonstrate sustainability in the way that markets, regulators and customers demand today.”

Opening Speech

RSPO Chief Executive Officer delivering the opening speech at RSPO RT2023

RSPO’s key achievements over the last two decades were highlighted, including the increase in global certified area from just 125,000 hectares in 2008 to 4.9 million hectares across 23 countries in 2023. Certified Sustainable Palm Oil (CSPO) supply reached a new milestone at 15.4 million metric tonnes, while RSPO Trademark licences have increased significantly to more than 1,600 licences in over 100 countries and territories, with growth seen in China, Japan and Southeast Asia, signalling significant opportunities in these markets. The RSPO Smallholder Support Fund (RSSF) has provided US$4.2 million in funding to support 44,203 farmers in 12 countries since 2013. Accounting for 40% of total palm oil production output in key producing countries, smallholders featured strongly at RT2023, focused on opportunities and pathways to facilitate greater inclusion in green supply chains through compliance with emerging international regulations.

Independent Smallholders

Group photo of Independent Smallholders with their certificates

Charting new territory, RSPO’s Certification, Trade and Traceability System (CTTS), launched recently in October 2023 with the formation of the tripartite consortium of global agri-tech experts, exemplifies how the organisation is advancing and digitising its tracking and traceability systems into an end-to-end digital infrastructure. This is rooted by best-in-class solutions that will be able to meet current demands and anticipate the future needs of a sector that is rapidly evolving to meet tightening global regulations, starting with the EU Deforestation Regulation (EUDR), and is actively engaging with the European Commission for knowledge-sharing on this topic with all relevant parties.

Excellence Awards

Winners of the Excellence Awards from left to right: DSN Group, Bumitama Agri Ltd, Musim Mas, Cheyenne Mountain Zoo, WWF International

Anne Rosenbarger and José Roberto Montenegro, Co-Chairs of the RSPO Board of Governors, together called for the successes of the past 20 years to be leveraged and scaled further through collective action and innovative approaches. “RSPO is strategically evolving to meet current and forthcoming challenges, including shifting regulatory and market expectations, by improving the auditability and implementability of our current standards and Assurance systems in order to be ready to connect to the broader industry’s sustainability platforms,” said Anne Rosenbarger. Following a comprehensive and highly consultative review of its current 2018 RSPO Principles and Criteria and 2019 RSPO Independent Smallholder Standard, a technical revision process is underway to produce a revised set of standards in 2024.

Opening performance

Opening performance at the RSPO RT2023 opening ceremony

The conference also featured the RSPO Excellence Awards, which saw fifteen of its Members nominated for their outstanding contributions to sustainable palm oil. The winners were DSN Group for Innovation; Bumitama Agri Ltd. for Conservation Leadership; Musim Mas for Smallholder Impact; Cheyenne Mountain Zoo for Communicating for Good, and WWF International for Shared Responsibility. Learn more about the winners, nominees and their award-worthy initiatives here.

About RSPO:
The Roundtable on Sustainable Palm Oil (RSPO) is a global partnership to make palm oil sustainable. Formed in 2004, the RSPO is a multi-stakeholder non-profit organisation that unites members from across the palm oil value chain, including oil palm producers, palm oil processors and traders, consumer goods manufacturers, retailers, banks, and investors, environmental or nature conservation non-governmental organisations (NGOs), and social or developmental NGOs. As a partnership for progress and positive impact, the RSPO facilitates global change to make the production and consumption of palm oil sustainable. To inspire change, we communicate the environmental and social benefits. To make progress, we catalyse collaboration. To provide assurance, we set the standards of certification. The RSPO is registered as an international association in Zurich, Switzerland, with main offices in Malaysia and Indonesia, and offices in China, Colombia, Netherlands, United Kingdom, and the United States. For further information, kindly contact: media@rspo.org

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/e3d1362b-d6ca-411e-a334-d3329fe61b08

https://www.globenewswire.com/NewsRoom/AttachmentNg/ebf44138-e654-4d83-ac61-db282390dfeb

https://www.globenewswire.com/NewsRoom/AttachmentNg/87cbb14b-c9bb-4b10-baf6-c739f4aa65c9

https://www.globenewswire.com/NewsRoom/AttachmentNg/446698dc-9eba-45e4-bd33-f86e018dbf2d

https://www.globenewswire.com/NewsRoom/AttachmentNg/1a672127-c463-47b1-a951-7e93198cc3c9

For further information, kindly contact:

Kimasha Williams
Communications Manager Europe
kimasha.williams@rspo.org

Stephanie Ambrose
Communications Manager APAC
stephanie.ambrose@rspo.org

GlobeNewswire Distribution ID 8983091