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NUBURUAppoints John Bolton to its Board of Directors

Former National Security Advisor Joins NUBURU’s Board of Directors to Bolster Strategic and Commercial Development with Vast Defense Expertise

CENTENNIAL, Colo.–(BUSINESS WIRE)–NUBURU, Inc. (“NUBURU” or the “Company”) (NYSE American: BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced the appointment of former National Security Advisor John Bolton to its board of directors, effective August 22, 2023. In his new position, Bolton will provide valuable strategic insight to NUBURU to support the Company’s efforts to expand its presence in the defense, energy, and aerospace markets as well as provide guidance on the impact of international relations and regulations on NUBURU’s business and customer base.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230823034612/en/

Ambassador John Bolton (Photo: Business Wire)

John Bolton is an attorney, diplomat, consultant and political commentator. He was the National Security Advisor to former President Donald Trump and served as the United States Ambassador to the United Nations from 2005 to 2006. He has spent many years of his career in public service and held high-level positions in the Administrations of Presidents Ronald Reagan, George H. W. Bush and George W. Bush. As an attorney, Ambassador Bolton was in private practice in Washington, DC from 1974 to 2018, except when he was in government service. He graduated with a BA, summa cum laude, from Yale College and received his JD from Yale Law School.

“John’s appointment is an invaluable addition to our board as we expand NUBURU’s presence in the energy and defense industries,” said Mark Zediker, NUBURU’s co-founder, CEO and director. “Through his extensive defense and diplomacy background, John will contribute key insights to inform NUBURU’s strategic presence in the defense and energy markets. We look forward to his many valuable contributions to come.”

Commenting on his appointment, Bolton said: “NUBURU’s innovative technology is at the forefront of disrupting the metal machining and processing industry with its high-performance blue lasers. I see great potential for this innovative and proven technology to become further embedded in the energy and defense industries, and I look forward to helping establish the company as a key player in this sector.”

About NUBURU

Founded in 2015, NUBURU, Inc. (NYSEAM: BURU) is a developer and manufacturer of industrial blue lasers that leverage fundamental physics and their high-brightness, high-power design to produce faster, higher quality welds and parts than current lasers can provide in laser welding and additive manufacturing of copper, gold, aluminum and other industrially important metals. NUBURU’s industrial blue lasers produce minimal to defect-free welds that are up to eight times faster than the traditional approaches — all with the flexibility inherent to laser processing. For more information, please visit www.nuburu.net.

Forward-Looking Statements

This press release contains certain “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including relating to the service of a new director and use cases for the Company’s technology. All statements other than statements of historical fact contained in this press release may be forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “plan,” “seek,” “targets,” “projects,” “could,” “would,” “continue,” “forecast” or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts and assumptions that, while considered reasonable by NUBURU and its management, are inherently uncertain and many factors may cause the company’s actual results to differ materially from current expectations which include, but are not limited to: (1) the ability to continue to meet the security exchange’s listing standards; (2) failure to achieve expectations regarding its product development and pipeline; (3) the inability to access sufficient capital to operate as anticipated, whether from Lincoln Park Capital Fund, LLC or other sources; (4) the inability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of the company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (5) changes in applicable laws or regulations; (6) the possibility that NUBURU may be adversely affected by other economic, business and/or competitive factors; (7) volatility in the financial system and markets caused by geopolitical and economic factors; (8) failing to realize benefits from partnerships; (9) the inability to deploy the capital raised efficiently; and (10) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in NUBURU’s most recent periodic report on Form 10-K or Form 10-Q and other documents filed with the Securities and Exchange Commission from time to time. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. NUBURU does not give any assurance that it will achieve its expected results. NUBURU assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230823034612/en/

Investor Relations:

Cody Slach & Ralf Esper

Gateway Group, Inc.

[email protected]

(949) 574-3860

Media Relations:

Zach Kadletz & Anna Rutter

Gateway Group, Inc.

[email protected]

(949) 574-3860

KEYWORDS: United States North America Colorado

INDUSTRY KEYWORDS: Other Defense Other Energy Machine Tools, Metalworking & Metallurgy Hardware Batteries Energy Technology Defense Other Manufacturing Automotive Manufacturing Other Technology Aerospace Manufacturing

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Ambassador John Bolton (Photo: Business Wire)

A New Era for Digital Out-of-Home Campaigns:Quotient Launches New Brand Safety Capability to Maximize DOOH Campaign Targeting

Advertisers can now ensure their physical-world advertisements are in brand-safe environments

SALT LAKE CITY–(BUSINESS WIRE)–
​Quotient (NYSE: QUOT), a leading digital promotions and media technology company, today announced the launch of Brand Safety, a new capability within Quotient’s Digital Out-of-Home (DOOH) platform, which enables advertisers to effectively ensure inventory is near points of interest, venues or businesses that align with their brand and messages. This new feature gives brands trust and transparency regarding the execution of their DOOH advertising to improve the effectiveness of their campaigns.

It’s important for brand content to be displayed in high-quality environments that deliver effectively against brand objectives. By leveraging this new capability, advertisers can gain greater control and authority over their DOOH ad placement across inventory types, ensuring the quality and relevance of their campaigns and effectively amplifying their brand message to the intended target audience. This ensures the protection of brand reputation by maintaining messaging consistency and establishing trust with the consumer.

“We are thrilled to announce the launch of Brand Safety, yet another testament to Quotient’s expertise and unwavering commitment to providing innovative tools to ad buyers across the customer journey,” said Norm Chait, RVP of DOOH at Quotient. “With this valuable addition to our technology platform, we can now confidently reach consumers in brand-safe environments, which can lead to more impactful results for our valued clients.”

The DOOH space has witnessed remarkable growth recently, particularly in terms of programmatic activation and measurement advancements. According to Insider Intelligence, U.S. DOOH advertising will draw 36.2% of OOH advertising revenue this year and more than 41% by 2026.

In the past, brands may have hesitated to adopt DOOH advertising due to the difficulty of applying familiar digital best practices for campaign delivery and measurement. Brand Safety from Quotient provides brand marketers with an elevated level of confidence and transparency when it comes to planning and activating highly-targeted and effective DOOH campaigns—both as a standalone and as a complement to omnichannel ad buys.

To discover how Brand Safety can revolutionize a brand’s DOOH campaigns with more precision and effectiveness, request a demo now by reaching out to [email protected].

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ significantly from expectations due to various risks and uncertainties including, but not limited to, Quotient’s Brand Safety offering being effective in reaching consumers in brand-safe environments as well as leading to more impactful results, the anticipated growth of DOOH advertising as a percentage of OOH advertising in 2023 and by 2026, and the factors described in the Risk Factors section of Quotient’s most recently filed Annual Report on Form 10-K for the year ended December 31, 2022 filed with the SEC on March 16, 2023, as amended on April 28, 2023, and as from time to time updated in Quotient’s Quarterly Reports on Form 10-Q. These documents are available in the “SEC Filings” section of Quotient’s Investor Relations website at https://investors.quotient.com. You are cautioned not to place undue reliance on Quotient’s forward-looking statements, which speak only as of the date of this communication. Except as required by law, the Company undertakes no obligation to update any forward-looking statement to reflect events, new information or circumstances occurring after the date of this communication.

About Quotient

Quotient Technology (NYSE: QUOT) is a leading digital promotions and media technology company for advertisers, retailers and consumers. Quotient’s omnichannel platform is powered by exclusive consumer spending data, location intelligence and purchase intent data to reach millions of shoppers daily and deliver measurable, incremental sales.

Quotient partners with leading advertisers, publishers and retailers, including Clorox, Procter & Gamble, Unilever, CVS, Dollar General, Ahold Delhaize USA, Amazon and Microsoft. Quotient is headquartered in Salt Lake City, Utah, and has offices across the U.S. as well as in Bangalore, Paris, London and Tel Aviv. For more information visit www.quotient.com.

Quotient and the Quotient logo are trademarks or registered trademarks of Quotient Technology Inc. and its subsidiaries in the United States and other countries. Other marks are the property of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230823712563/en/

5W Public Relations on behalf of Quotient

Sarah Shaev

[email protected]

KEYWORDS: United States North America Utah

INDUSTRY KEYWORDS: Data Management Technology Public Relations/Investor Relations Marketing Advertising Communications Search Engine Marketing Digital Marketing Software Internet Media

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UnitedHealthcare Awards $500,000 to Five Federally Qualified Health Centers To Increase Access To Behavioral Health Services

Grant funds will allow health centers in Michigan to hire and train additional staff, develop new behavioral health resources, and reach more patients

DETROIT–(BUSINESS WIRE)–
UnitedHealthcare Community Plan of Michigan awarded five federally qualified health centers (FQHCs) $100,000 grants to expand access to behavioral health services across the state. The FQHCs include Cherry Health, Family Health Center, Great Lakes Bay Health Centers, InterCare Community Health Network and MidMichigan Community Health Services.

“Our FQHC partners work tirelessly to ensure individuals in the communities we serve are able to obtain critical care like behavioral health support,” said Dennis Mouras, CEO, UnitedHealthcare Community Plan of Michigan. “It is an honor to collaborate with them to ensure Michiganders receive the services they need to support their mental health.”

Each of the FQHCs have dedicated the grant funds to specific projects:

• Cherry Health will hire additional staff to support their substance use disorder treatment efforts and expand local partnerships to sustain greater access to care in the community.
• Family Health Center will develop mental health screening programs and train additional staff to expand inpatient detoxification services. The FQHC will also create more accessible treatment spaces for individuals with disabilities.
• Great Lakes Bay Health Centers will create educational videos, expand breastfeeding support services in the Saginaw area and conduct behavioral health training for staff.
• InterCare Community Health Network will train and recruit additional health workers and expand telehealth services to extend the FQHC’s patient reach.
• MidMichigan Community Health Services will renovate and expand its space for substance use disorder and psychiatric treatment, increasing the number of patients the health center is able to serve.

“We are very appreciative of the support from UnitedHealthcare, which will help us improve the lives of all of our patients,” said Eileen Chiang, vice president of corporate services and CFO, Family Health Center. “We continue to focus on refining our services to ensure that we are meeting the needs of our patients. As part of these efforts, the grant is helping us advance behavioral health and substance use services for community members in Kalamazoo County.”

Nearly 30% of adults in Michigan report experiencing symptoms related to anxiety or depression. Many people in need of behavioral health care or substance use treatment are unable to access it in a timely manner due to provider shortages, particularly in rural areas. The grant recipients recognize that there is a need to increase access to care and deploy innovative programs to drive better behavioral health outcomes in Michigan.

“Through the generous grant provided by UnitedHealthcare we have been able to implement training for all of our mental health providers in suicide screening and assessment and started new psychosocial groups at the organization’s largest site in Benton Harbor,” said David Gamble, director of behavioral health and SUD services, InterCare Community Health Network. “Additionally, we are making plans to invest in recruitment and retention, as well as technology, to improve our workforce capacity and efficiency to provide the level of access that will meet the needs of the communities we serve.”

UnitedHealthcare serves more than 1.7 million members enrolled in Medicaid, employer-sponsored, individual and Medicare and retirement plans in Michigan, with a network of 156 hospitals, and over 55,000 physicians and other care providers statewide.

About UnitedHealthcare

UnitedHealthcare is dedicated to helping people live healthier lives and making the health system work better for everyone by simplifying the health care experience, meeting consumer health and wellness needs, and sustaining trusted relationships with care providers. In the United States, UnitedHealthcare offers the full spectrum of health benefit programs for individuals, employers, and Medicare and Medicaid beneficiaries, and contracts directly with more than 1.6 million physicians and care professionals, and 8,000 hospitals and other care facilities nationwide. The company also provides health benefits and delivers care to people through owned and operated health care facilities in South America. UnitedHealthcare is one of the businesses of UnitedHealth Group (NYSE: UNH), a diversified health care company. For more information, visit UnitedHealthcare at www.uhc.com or follow UnitedHealthcare on LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230823784344/en/

UHC Media Contact:

Theresa Hunter

(952) 406-3524

[email protected]

KEYWORDS: United States North America Michigan

INDUSTRY KEYWORDS: Other Health Managed Care General Health Professional Services Philanthropy Mental Health Fund Raising Health Insurance Other Professional Services Insurance Other Philanthropy Health

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YMCA of Greater Boston Modernizes Networking Infrastructure to Connect Nearly 2 Million Annual Visits Across 24 Locations With Aruba Instant On

Deployment connects 70,000 members, drives digital operations, and reduces wireless networking management costs 50%

HOUSTON–(BUSINESS WIRE)–Hewlett Packard Enterprise (NYSE: HPE) today announced the YMCA of Greater Boston has modernized its networking infrastructure with the Aruba Instant On small- and medium-sized business (SMB) portfolio. This enables the organization to support a growing number of Internet of Things (IoT) devices and other connected applications, while providing facility-wide connectivity for its members and visitors. The deployment is also reducing network management costs by 50%.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230823724570/en/

YMCA of Greater Boston (Photo: Business Wire)

Established in 1851 as America’s first Y and dedicated to improving the health of mind, body, and spirit of individuals and families, the YMCA of Greater Boston has deployed the Aruba Instant On high-performance, cloud-managed small business wired and wireless networking solution. As one of the largest private social services providers in Massachusetts, with an annual operations budget of over $84M, the YMCA of Greater Boston is utilizing its new network across 24 locations to innovate and digitize operations and provide guest Wi-Fi to more than 70,000 members and a total of nearly 2 million annual visits by members, program participants, visitors, and business partners.

Whether it’s enabling the distribution of over one million youth meals annually, offering fitness activities, conducting adult job training, or providing transitional housing solutions, modern nonprofit organizations like the YMCA of Greater Boston require secure, flexible networking infrastructure that is easily managed to support a growing amount of mobile, IoT, and immersive applications.

“Given our expansive mission to innovate services that drive stability, health, wellness, learning, connection, and opportunity for all in our communities, it’s imperative that we have seamless and always-on connectivity to empower our employees, collaborate with our partners, and provide members and visitors with exceptional user experiences,” says Philip DeFeo, IT Manager at the YMCA of Greater Boston. “As a philanthropy and government-funded non-profit organization, it’s also critical to maximize our resources by adopting reliable and cost-effective technology solutions, including wired and wireless networking infrastructure.”

After evaluating leading small business networking solutions in collaboration with trusted partner CDW, the YMCA of Greater Boston selected Aruba Instant On Wi-Fi 6 AP22 Access Points (APs) and Aruba Instant On Smart-Managed 1930 Switch Series as its future-proof infrastructure. The solutions enable the YMCA to support the skyrocketing number of employee, guest, and operational devices at its facilities, including IoT-enabled technologies such as digital signage, TVs, exercise equipment, HVAC sensors, and security systems.

By providing the YMCA of Greater Boston with Gigabit networking speeds, Aruba Instant On supports the organization’s cloud-enabled workforce with bandwidth-heavy applications like streaming video for educational, wellness, and other programming, as well as web conferencing and cloud-delivered SaaS applications for efficient operational interactions.

Further, the Aruba Instant On offering helps generate significant IT resource efficiencies due to its advanced cloud-based management dashboard, accessed via the Aruba Instant On Mobile App or web browser, which streamlines network configuration and administration tasks.

“Compared with the other vendors we evaluated, the management capabilities of the Aruba Instant On solution are significantly more advanced, streamlined, and intuitive. Most importantly, replacing our legacy solution with Aruba Instant On has reduced the amount of time required for configuration and management tasks by about 50 percent,” said DeFeo.

With its Wi-Fi network fully deployed, the YMCA of Greater Boston has turned to its wired network and is implementing new, Aruba Instant On smart-managed switches to create a unified, secure wired and wireless network. This will lead to evaluating options for retiring some existing legacy firewalls, particularly at smaller Wi-Fi-only childcare and camp locations, to reduce the organization’s physical infrastructure footprint and help meet sustainability objectives.

To learn more, visit HPE Aruba Networking and Aruba Instant On. For real-time news updates, follow HPE Aruba Networking on Twitter and Facebook, and for the latest technical discussions on mobility and HPE Aruba Networking products, visit the Airheads Community.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise (NYSE: HPE) is the global edge-to-cloud company that helps organizations accelerate outcomes by unlocking value from all of their data, everywhere. Built on decades of reimagining the future and innovating to advance the way people live and work, HPE delivers unique, open, and intelligent technology solutions as a service. With offerings spanning Cloud Services, Compute, High Performance Computing & AI, Intelligent Edge, Software, and Storage, HPE provides a consistent experience across all clouds and edges, helping customers develop new business models, engage in new ways, and increase operational performance. For more information, visit: www.hpe.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20230823724570/en/

Kathleen Keith

HPE Aruba Networking

+1-707-529-4507

[email protected]

KEYWORDS: Texas Massachusetts United States North America

INDUSTRY KEYWORDS: IOT (Internet of Things) Technology Software Networks Internet Hardware

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YMCA of Greater Boston (Photo: Business Wire)

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Agenus Prioritizes Resources to Accelerate Registration and Commercialization of BOT/BAL Program in Multiple Cancers

Strategic Prioritization to Deliver Savings of $40M Through End of 2023

LEXINGTON, Mass.–(BUSINESS WIRE)–
Agenus Inc. (“Agenus”) (Nasdaq: AGEN), a pioneer in immuno-oncology, today announced a strategic initiative to prioritize and focus resources to accelerate the development, registration, and commercialization of its flagship program botensilimab/balstilimab (BOT/BAL). Under this new plan, Agenus will temporarily postpone all preclinical and clinical programs not related to BOT/BAL. The plan will result in a workforce reduction of approximately 25% and deliver approximately $40 million in savings by the end of 2023.

The plan will reduce operating expenses across Agenus’ global organization by concentrating its quality, manufacturing, clinical, regulatory, and research & development resources on the BOT/BAL program and drive commercial readiness.

“Now is the pivotal moment to concentrate our efforts on the BOT/BAL program. The observed clinical benefit in solid tumors underscores the program’s game-changing potential, and our rapid progress towards a first filing in 2024 highlights the necessity for prioritization in every aspect of our operations,” said Chairman and Chief Executive Officer, Garo Armen, Ph.D. “By zeroing in on BOT/BAL, we expect to expedite regulatory approval and availability for healthcare providers and patients in need. Our decision to streamline operations reflects our commitment to the success of these programs while optimizing shareholder value.”

“We deeply value the contributions of our employees and regret the necessity of these difficult decisions,” Armen continued. “We are thankful for their dedication and hard work, and we are committed to providing support to those affected during this transition.”

Agenus remains dedicated to its deep pipeline of immuno-oncology agents and plans to reactivate these programs in the future. Agenus’ partner-funded programs will not be affected by these measures.

About Botensilimab

Botensilimab, an investigational multifunctional CTLA-4 antibody, is designed to extend immunotherapy benefits to “cold” tumors, which have not historically responded to standard of care or other investigational therapies. Besides binding to the CTLA-4 receptor, its Fc-enhanced structure induces a memory immune response, downregulates regulatory T cells, and activates T cells, thereby enhancing immune responses. Approximately 600 patients have been treated with botensilimab in phase 1 and phase 2 clinical trials. Botensilimab alone, or in combination with Agenus’ PD-1 antibody, balstilimab, has shown clinical responses across nine metastatic, late-line cancers. For more information about botensilimab trials, visit www.clinicaltrials.gov with the identifiers NCT03860272, NCT05608044, NCT05630183, and NCT05529316.

About Agenus

Agenus is a leading immuno-oncology company targeting cancer and infectious diseases with a comprehensive pipeline of immunological agents. The company’s mission is to expand patient populations benefiting from cancer immunotherapy through combination approaches, using a broad repertoire of antibody therapeutics, adoptive cell therapies (through MiNK Therapeutics) and adjuvants (through SaponiQx). Agenus is headquartered in Lexington, MA. For more information, visit www.agenusbio.com or follow us on LinkedIn and Twitter @agenus_bio.

Forward Looking Statements

This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the federal securities laws, including statements relating to the anticipated savings as a result of the strategic initiative, the timing of potential regulatory applications, approval and commercialization for BOT/BAL, the continued development of Agenus’ partnered programs, the reactivation of certain pipeline programs, use of botensilimab and balstilimab, for instance, statements regarding therapeutic benefit and efficacy, mechanism of action (including validation of mechanism of action), potency, durability, and safety profile (including the absence of specific toxicities); and any other statements containing the words “may,” “believes,” “expects,” “anticipates,” “hopes,” “intends,” “plans,” “forecasts,” “estimates,” “will,” “establish,” “potential,” “superiority,” “best in class,” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, among others, the factors described under the Risk Factors section of our most recent Quarterly Report on Form 10-Q or Annual Report on Form 10-K filed with the Securities and Exchange Commission. Agenus cautions investors not to place considerable reliance on the forward-looking statements contained in this release. These statements speak only as of the date of this press release, and Agenus undertakes no obligation to update or revise the statements, other than to the extent required by law. All forward-looking statements are expressly qualified in their entirety by this cautionary statement.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230823173690/en/

Investors

Zack Armen

Head of Investor Relations

917-362-1370

[email protected]

Media

781-674-4784

[email protected]

KEYWORDS: Massachusetts United States North America

INDUSTRY KEYWORDS: Biotechnology Health Pharmaceutical Clinical Trials Oncology

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DatChat Reaches Milestone of Over 75,000 Users on Its AI-Powered Habytat Metaverse

Company sees encouraging spike in growth since the recent release of AI-powered pets “HabyPets” in Habytat

NEW BRUNSWICK, N.J.–(BUSINESS WIRE)–DatChat (Nasdaq: DATS), a private messaging, social media, and metaverse company, announced today that it has reached a milestone of over 75,000 active users in its Habytat metaverse. Habytat is growing at a rate of approximately 1,200 to 2,500 new members daily and the Company’s recently released AI-powered HabyPets are already receiving accelerated adoption. As of now, HabyPets has four different popular dog breeds. Coming soon is an interactive dog park, new dog breeds, cats, various types of animals, a full immersive VR experience, a Music District, and more.

Habytat is the ultimate metaverse experience that offers a unique feature: giving users free NFT-deeded land and a house that users own and are backed by the Company’s proprietary AI and machine learning engine. Habytat’s mobile app is available in the Apple App Store and Google Play store and has been localized for Spanish-speaking countries. The virtual world has realistic art, daily rewards, games, and much more. The official in-world currency of the Habytat Metaverse, earned through participation on the DatChat Social Network+ or through the Habytat, is called Nirad. It can be used to upgrade properties and experiences throughout the Habytat.

“Since we launched Habytat on mobile devices for the general public in May of this year, we have seen significant traction in the growth of users in our metaverse,” said DatChat CEO Darin Myman. “Reaching over 75,000 users is a significant milestone for our Company and we are excited from the feedback and user activity we are seeing play out. We are confident that we can convert this massive user growth into revenue streams. The HabyPets launch has been very successful, and we are pleased with the adoption rate and the dynamic experience it offers our users. We believe that our new AI-powered pets, along with other new product releases in the near future, will help skyrocket user growth at a higher rate than what we have already seen. We will look to update shareholders of our progress as we pass future user milestones.”

The Habytat is available as a free download on App Store or Google Play and HabyPets are up for adoption at https://habytat.io/pets or from the download the mobile app.

About Habytat

Habytat by SmarterVerse, a subsidiary of DatChat Inc., is a metaverse platform and privacy-first social network. By dramatically lowering the financial and technical barriers to entry to the metaverse, Habytat is democratizing access to the digital realm and giving users a remarkable opportunity to co-create community, business and life together. Built on SmarterVerse Holding’s patented privacy technology, Habytat grants users complete control over their data, creating a social network users can trust. Learn more at habytat.io.

About DatChat Inc.

DatChat Inc. is a secure messaging, metaverse, and social media company that not only focuses on protecting privacy on personal devices, but also protects user information after it is shared with others. The DatChat Messenger & Private Social Network presents technology that allows users to change how long their messages can be viewed before or after users send them, prevents screenshots, and hides encrypted photos in plain sight on camera rolls. DatChat’s patented technology offers users a traditional texting experience while providing control and security for their messages. With the DatChat Messenger, a user can decide how long their messages last on a recipient’s device, while feeling secure that at any time, they can delete individual messages or entire message threads, making it like the conversation never happened.

Forward-Looking Statements

Certain statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company’s filings with the SEC, not limited to Risk Factors relating to its business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230823419446/en/

[email protected]

800-658-8081

KEYWORDS: New Jersey United States North America

INDUSTRY KEYWORDS: Metaverse Mobile/Wireless Internet Other Retail Social Media Data Management Consumer Electronics Technology Artificial Intelligence Retail Audio/Video Communications

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