Market Newsdesk

FREDERICK, Md., Nov. 18, 2020 (GLOBE NEWSWIRE) — TOMI Environmental Solutions, Inc.^® (“TOMI”) (NASDAQ:TOMZ), is a global company specializing in disinfection and decontamination, utilizing its premier Binary Ionization Technology (BIT) platform through its SteraMist products – a hydrogen peroxide-based mist and fog composed of ionized Hydrogen Peroxide (iHP). As a part of TOMI’s ongoing effort to advance its products and technology, it has continued to expand intellectual property protection of its innovative disruptive technology. TOMI is pursuing patent rights in diverse regions of the world, encompassing the United States, the European Union, Brazil, Mexico, Korea, China, India and many other countries.

TOMI has now received its registration from The Australian Register of Therapeutic Goods (ARTG) through its Australian partner, Melbourne-based LAF Technologies (Laftech), a leading provider in Australia specializing in controlled environment systems and contamination control equipment for the past 33 years. Further, TOMI is also proud to report issuance of a first Australian patent protecting use of its ionized Hydrogen Peroxide (iHP) technology; TOMI continues to pursue additional patent protection for its technologies in Australia. This development complements the recent allowance in Israel of TOMI’s patent application covering iHP technology; an Israeli patent will issue in the near future.

TOMI is also developing international intellectual property protection in various areas, such as decontamination of small enclosures or food decontamination. Recent patent publications include U.S. and international applications regarding food decontamination (US2020/0345021 and WO2020/223661); and published applications in India for decontamination methods using iHP technology and for small enclosures.

TOMI now has over forty (40) patents around the world, with an even greater number of patent applications being currently prosecuted worldwide. In addition, TOMI has been approved for over fifty-five (55) trademarks including registrations in over five (5) classes with more than one hundred-twenty (120) trademark applications pending approval globally. TOMI is continuing to submit additional patent and trademark applications to secure intellectual property protection in new product lines being introduced.

Elissa J. (E.J.) Shane, Chief Operations Officer of TOMI stated: “Intellectual property has remained a vital component for TOMI as we continue to expand SteraMist technology. SteraMist iHP technology is vastly different than any other disinfection technology on the market, making the efforts and diligence behind protecting our intellectual property of paramount importance.”

TOMI™ Environmental Solutions, Inc.: Innovating for a safer world

^®
 

TOMI^™ Environmental Solutions, Inc. (NASDAQ:TOMZ) is a global decontamination and infection prevention company, providing environmental solutions for indoor surface disinfection through the manufacturing, sales and licensing of its premier Binary Ionization Technology^® (BIT^™) platform. Invented under a defense grant in association with the Defense Advanced Research Projects Agency (DARPA) of the U.S. Department of Defense, BIT^™ solution utilizes a low percentage Hydrogen Peroxide as its only active ingredient to produce a fog of ionized Hydrogen Peroxide (iHP^™). Represented by the SteraMist^® brand of products, iHP^™ produces a germ-killing aerosol that works like a visual non-caustic gas.

TOMI products are designed to service a broad spectrum of commercial structures, including, but not limited to, hospitals and medical facilities, cruise ships, office buildings, hotel and motel rooms, schools, restaurants, meat and produce processing facilities, military barracks, police and fire departments, and athletic facilities. TOMI products and services have also been used in single-family homes and multi-unit residences.

TOMI develops training programs and application protocols for its clients and is a member in good standing with The American Biological Safety Association, The American Association of Tissue Banks, Association for Professionals in Infection Control and Epidemiology, Society for Healthcare Epidemiology of America, America Seed Trade Association, and The Restoration Industry Association.

For additional information, please visit http://www.tomimist.com/ or contact us at [email protected].

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Certain written and oral statements made by us may constitute “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 (the “Reform Act”). Forward-looking statements are identified by such words and phrases as “we expect,” “expected to,” “estimates,” “estimated,” “current outlook,” “we look forward to,” “would equate to,” “projects,” “projections,” “projected to be,” “anticipates,” “anticipated,” “we believe,” “could be,” and other similar phrases. All statements addressing operating performance, events, or developments that we expect or anticipate will occur in the future, including statements relating to revenue growth, earnings, earnings-per-share growth, or similar projections, are forward-looking statements within the meaning of the Reform Act. They are forward-looking, and they should be evaluated in light of important risk factors that could cause our actual results to differ materially from our anticipated results. The information provided in this document is based upon the facts and circumstances known at this time. We undertake no obligation to update these forward-looking statements after the date of this release.

INVESTOR RELATIONS CONTACT

Harold Paul
[email protected]

TORONTO, Nov. 18, 2020 (GLOBE NEWSWIRE) — The countdown is on to celebrate TRREB’s 100 Year Anniversary. In two weeks, we will mark our centennial milestone – a testament to our Members and the homeowners and businesses who trust them to turn their dreams into reality.

We wouldn’t be here today if it wasn’t for a small group of real estate brokers who had the vision, back in 1920, to create what is now known as the Toronto Regional Real Estate Board. Long before anyone else, they believed in protecting homeownership, established industry standards and regulations, and even started real estate training courses.

“Looking back at how we got here, it’s remarkable when considering all that we’ve accomplished,” said Lisa Patel, TRREB President. “When we kicked off the year-long festivities leading up to our anniversary, we wanted to do more than celebrate. We wanted to share the stories of our passionate Members and all that we have achieved together through this journey over the last century,” added Patel.

That’s why we’ve dedicated a website to commemorate our 100 Year Anniversary – filled with Member memories, congratulatory messages, tribute videos, long lost photos and much more.

This spring, at a time when needed most, our Members gave back to the community by donating $278,000 to shelter-related charities, food banks and children’s breakfast programs. This was in addition to the $713,000 we already donated in grants at the end of 2019 through the Ontario REALTORS Care® Foundation, totalling $1 million in charitable support this past year alone.

Each year, we recognize the significance of National Housing Day on November 22 and we’re proud to do our part to support sustainable and inclusive communities. This year, the pandemic has highlighted the need for affordable housing for the most vulnerable.

“While it’s been a disruptive year, we have endured many other challenges to the real estate industry in the past 100 years. And through it all, our Members have been there, making times like these better for their clients, and they will continue to do so for the next 100 years,” said John DiMichele, TRREB CEO.

As we look to the past, present and future of the industry, follow us on Facebook, Twitter, LinkedIn and Instagram. Join in on the excitement using #TRREB100.

Media Inquiries:
Genevieve Grant, Public Affairs Specialist [email protected] 416-443-8159

The Toronto Regional Real Estate Board is Canada’s largest real estate board with more than 56,000 residential and commercial professionals connecting people, property and communities.

www.trreb.ca/

https://www.facebook.com/groups/trebypn/

https://twitter.com/TheReal_TRREB

https://www.youtube.com/user/TREBChannel

https://www.pinterest.com/trebhome/

http://www.linkedin.com/company/toronto-regional-real-estate-board/

http://www.trebwire.com/

https://www.instagram.com/thereal_trreb/

https://soundcloud.com/readytorealestate

RESEARCH TRIANGLE PARK, NC, Nov. 18, 2020 (GLOBE NEWSWIRE) — Data443 Risk Mitigation, Inc. (“Data443” or the “Company”) (OTCPK: ATDS), a leading data security and privacy software company for ALL THINGS DATA SECURITY^™, is pleased to announce results for its third quarter and nine months ended September 30, 2020, with continued accelerated growth in all facets of the business. The Company filed its quarterly report on Form 10-Q with the Securities & Exchange Commission on Monday, November 16, 2020, which can be found at:

https://www.sec.gov/Archives/edgar/data/1068689/000149315220021394/form10-q.htm

MANAGEMENT COMMENTARY

Jason Remillard, CEO of Data443, commented, “We are extremely pleased with our third quarter and nine-month results, especially given the unprecedented conditions throughout the year. Despite these challenges, Data443 continues to adapt and focus on improving and enhancing all facets of our business, strengthening our positioning in the marketplace, and growing our service offerings to meet the rapidly changing needs of our customers.”

“We see this positive performance as being driven by a number of factors, including meeting the demand of our clients to meet the enhanced data compliance issues they face due to the abundance of remote working environments. In addition, the rapidly growing regulatory environment in California (an influential proxy for the rest of the United States), continues to escalate the importance of data compliance for SMEs, requiring our highly sophisticated solutions. The results for the quarter also demonstrate our ability to successfully continue to address this demand, while making strategic acquisitions and incorporating these technologies within our growing stack. All of this, combined with our initiatives to strengthen our sales and marketing efforts, led to our strong operational performance during the quarter.”

“I’d be remiss if I didn’t mention our strong customer retention, which is extremely close to 100 percent, as well as our expanding impressive customer base. We have continued to deliver the high level of customer service that is essential to building brand loyalty, ensuring ‘Data443’ is the answer to the challenges posed by our customers. We believe this has helped drive referrals and word-of-mouth demand, and we look forward to building on this momentum. We will be announcing some major new customers in the next few weeks.”

“In closing, I would like to remind everyone to join us tomorrow for our Business Update Call, where I will outline our plans for the rest of this year and our fiscal 2021.”

FINANCIAL HIGHLIGHTS FOR THE THIRD QUARTER OF 2020 AND YEAR-TO-DATE:

• Nearly $3,000,000 of toxic convertible debt paid-off or converted 9-months ended and counting
• Paid down over $500,000 in acquisition-related notes in cash
• Company historic quarterly record bookings of $835,000
• Best revenue quarter in Company’s history
• Reduction of G&A expenses of 35%
• Deferred revenues continue to increase, this quarter up 21%
• Net reduction of debt increased equity by $12,500,000
• Reached shareholder-friendly forbearance agreements for outstanding convertible notes

OPERATIONAL HIGHLIGHTS FOR THE THIRD QUARTER OF 2020 AND YEAR-TO-DATE:

• Completed Payments to Modevity, LLC for the ARALOC^™ platform, the secure private data storage, protection, and enablement platform
• Released Data443 Chat History Scanner, the latest advance in our cloud Global Privacy Manager product line
• Secured contract with the NFL’s Pittsburgh Steelers to provide the ARALOC^™ Secure Sports Management platform
• Welcomed Mr. Omkhar Arasaratnam, cybersecurity expert and strategic consultant to venture capitalists, to our Advisory Board
• Completed the acquisition of SAAS data analytics and content migration company – FileFacets^®
• Completed the acquisition of Silicon Valley based SAAS data access control & SSO company, Resilient Network Systems
• Completed the acquisition of IntellyWP, an Italy-based developer that produces WordPress plug-ins that enhance the overall user experience for webmaster and end users
• Released enhancement of flagship data transfer, transformation, and delivery product, DataExpress^®, which addresses market need for two factor authentication services

RESULTS OF OPERATIONS FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2020

• Recognized $700,000 of revenue during the three months ended September 30, 2020, compared to $628,000 during the three months ended September 30, 2019.
• Net billings for the three months ended September 30, 2020 of $835,000, compared to $1,129,000 in the prior year period.
• Deferred revenues were $1,469,000 as of September 30, 2020, an increase of $515,000 from $954,000 as of December 31, 2019.
• General and administrative expenses for the three months ended September 30, 2020 amounted to $858,000, as compared to $1,328,000 for the three months ended September 30, 2019, which is a decrease of $470,000, or 35%,
• Net loss of $1,500,000 for the three months ended September 30, 2020, compared to $3,196,000 for the three months ended September 30, 2019. The net loss for the three months was mainly derived from a loss on change in fair value of derivative liability of $420,000, associated with convertible notes payable and gross margins of $592,000, offset in part by general and administrative, and sales and marketing expenses incurred.

RESULTS OF OPERATIONS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2020

• $1,644,000 of revenue during the nine months ended September 30, 2020, compared to $1,129,000 of revenue during the nine months ended September 30, 2019.
• Net billings for the nine months ended September 30, 2020 of $2,370,000, compared to $2,066,000 in the prior year period.
• General and administrative expenses for the nine months ended September 30, 2020 of $3,950,000, compared to $3,200,000 for the nine months ended September 30, 2019, which is an increase of $749,000, or 23%.
• Sales and marketing expense for the nine months ended September 30, 2020 amounted to $151,000, compared to $461,000 for the nine months ended September 30, 2019, which is a decrease of $310,000, or 67%.
• The net loss for the nine months ended September 30, 2020 was $14,254,000 as compared to a net income of $4,027,000 for the nine months ended September 30, 2019. The net loss for the nine months ended September 30, 2020 was mainly derived from a loss on change in fair value of derivative liability of $420,000 and $9,698,000, respectively, associated with convertible notes payable and gross margins of $592,000 and $1,482,000, respectively, offset in part by general and administrative, and sales and marketing expenses incurred. The net gain for the nine months ended September 30, 2019 was primarily a result of a gain on change in fair value of derivative liability of $7,267,000, offset in part by an operating loss of $2,623,000 by increased general and administrative costs, and sales and marketing expenses incurred.

BUSINESS UPDATE CONFERENCE CALL

Data443 will hold a Business Update Conference Call and Webcast on Thursday, November 19, 2020 at 4:30pm ET.

Investors and other interested parties may submit their questions ahead of time by emailing Investor Relations at [email protected].

Online registration is available at: https://info.data443.com/2020q3-business-update

About Data443 Risk Mitigation, Inc.

Data443 Risk Mitigation, Inc. (OTCPK: ATDS), is the de facto industry leader in Data Privacy Solutions for All Things Data Security^™, providing software and services to enable secure data across local devices, network, cloud, and databases, at rest and in flight. Its suite of products and services is highlighted by: (i) ARALOC^™, which is a market leading secure, cloud-based platform for the management, protection and distribution of digital content to the desktop and mobile devices, which protects an organization’s confidential content and intellectual property assets from leakage — malicious or accidental — without impacting collaboration between all stakeholders; (ii) DATAEXPRESS^®, the leading data transport, transformation and delivery product trusted by leading financial organizations worldwide; (iii) ArcMail^™, which is a leading provider of simple, secure and cost-effective email and enterprise archiving and management solutions; (iv) ClassiDocs^® the Company’s award-winning data classification and governance technology, which supports CCPA, LGPD, and GDPR compliance; (v) ClassiDocs^™ for Blockchain, which provides an active implementation for the Ripple XRP that protects blockchain transactions from inadvertent disclosure and data leaks; (vi) Data443^® Global Privacy Manager, the privacy compliance and consumer loss mitigation platform which is integrated with ClassiDocs^™ to do the delivery portions of GDPR and CCPA as well as process Data Privacy Access Requests – removal request – with inventory by ClassiDocs^™; (vii) Resilient Access^TM, which enables fine-grained access controls across myriad platforms at scale for internal client systems and commercial public cloud platforms like Salesforce, Box.Net, Google G Suite, Microsoft OneDrive and others; (viii) Data443^™ Chat History Scanner, which scans chat messages for Compliance, Security, PII, PI, PCI & custom keywords; (ix) the CCPA Framework WordPress plugin, which enables organizations of all sizes to comply with the CCPA privacy framework; (x) FileFacets™, a Software-as-a-Service (SaaS) platform that performs sophisticated data discovery and content search of structured and unstructured data within corporate networks, servers, content management systems, email, desktops and laptops; (xi) the GDPR Framework WordPress plugin, with over 30,000 active users and over 400,000 downloads it enables organizations of all sizes to comply with the GDPR and other privacy frameworks; and (xii) IntellyWP, a leading purveyor of user experience enhancement products for webmasters for the world’s largest content management platform, WordPress. For more information, please visit http://www.data443.com.

Forward-Looking Statements 

The statements contained in this release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “could,” “should,” “expect,” “plan,” “project,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “pursuant,” “target,” “continue,” and similar expressions are intended to identify such forward-looking statements. The statements in this press release that are not historical statements, including statements regarding Data443’s plans, objectives, future opportunities for Data443’s services, future financial performance and operating results and any other statements regarding Data443’s future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts, are forward-looking statements within the meaning of the federal securities laws. These statements are not guarantees of future performance and are subject to numerous risks, uncertainties, and assumptions, many of which are beyond Data443’s control, and which could cause actual results to differ materially from the results expressed or implied by the statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict, and include, without limitation, results of litigation, settlements and investigations; actions by third parties, including governmental agencies; volatility in customer spending; global economic conditions; ability to hire and retain personnel; loss of, or reduction in business with, key customers; difficulty with growth and integration of acquisitions; product liability; cybersecurity risk; anti-takeover measures in our charter documents; and, the uncertainties created by the ongoing outbreak of a respiratory illness caused by the 2019 novel coronavirus that was recently named by the World Health Organization as COVID-19. These and other important risk factors are described more fully in our reports and other documents filed with the Securities and Exchange Commission (“the SEC”), including under (i) “Part I, Item 1A. Risk Factors”, in our Registration Statement on Form 10 filed with the SEC on January 11, 2019 and amended on April 24, 2019; (ii) “Part I, Item 1A. Risk Factors”, in our Annual Report on Form 10-K filed with the SEC on 17 April 2020; and, (iii) subsequent filings. Undue reliance should not be placed on the forward-looking statements in this press release, which are based on information available to us on the date hereof. Except as otherwise required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise.

The Data443^™ logo, ALL THINGS DATA SECURITY™, ClassiDocs^™ logo, ARALOC^™ logo and DATAEXPRESS^® are registered trademarks of Data443 Risk Mitigation, Inc.

All product names, trademarks and registered trademarks are property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.

All other trademarks cited herein are the property of their respective owners.

For Further Information:

Follow us on Twitter: https://twitter.com/data443Risk
Follow us on Facebook: https://www.facebook.com/data443/
Follow us on LinkedIn: https://www.linkedin.com/company/data443-risk-mitigation-inc/
Signup for our Investor Newsletter: https://www.data443.com/investor-relations/

Investor Relations Contact:

Matthew Abenante
[email protected]
919.858.6542

Southfield, Michigan, Nov. 18, 2020 (GLOBE NEWSWIRE) — Kids Kicking Cancer, an international non-profit organization that provides pain management and empowerment to children and families facing chronic and acute life-threatening illness through martial arts therapy, is calling on people everywhere to STOP and take a Breath Brake during its very first Global Breath Brake Day.

For one day, on November 19th, The Heroes Circle of Kids Kicking Cancer will be going LIVE on Facebook from 8:00 a.m. to 5:00 p.m. EST. The goal is to 1) Empower some very sick children to become teachers to the world on how to “brake” the stress chemicals we all face. 2) Raise money and awareness so we can empower many more children around the world to become “powerful martial artists. Join millions of people globally who will learn to breathe in the light and blow out the darkness.

“To say 2020 has been a stressful year for everyone is an understatement,” said Rabbi G., founder and director. “The negative implications on Global Mental Health will remain profound for a long time. The Heroes Circle of Kids Kicking Cancer is doing its part to allow people to self-regulate with its Breath Brake, a proven breathing and meditative technique that puts the brakes on pain, stress and anxiety. Our goal is to empower one million children to lower their pain by 2025. By helping the children, we are helping the world.”

This live streaming event will feature:

• Live Breath Brakes demonstrated by the wonderful little heroes of our program, celebrities and parents
• Interviews with health professionals and the Kids Kicking Cancer family 
• Live martial arts classes from around the globe
• A virtual dance party hosted by a DJ and featuring our children from around the world

Kids Kicking Cancer (KKC) is an international non-profit 501(c)(3) organization. Those interested in supporting Kids Kicking Cancer may visit https://kidskickingcancer.org/events/global-breath-brake-day. 

Every dollar donated, up to $50,000, will be matched!

“Please join me in helping The Heroes Circle of Kids Kicking Cancer as we spread POWER, PEACE, PURPOSE globally,” said the Rabbi. 

About Kids Kicking Cancer 

Kids Kicking Cancer (KKC) is an international non-profit 501(c)(3) organization that provides pain management and empowerment to children and families facing chronic and acute life-threatening illness. Through an innovative approach that merges modern integrative medicine with traditional martial arts, KKC addresses the needs of children and families in crisis, empowering them to heal physically, spiritually & emotionally. All services provided by Kids Kicking Cancer are at no cost to the children and their families. Founded in Michigan in 1999, KKC services children with a variety of challenges, including cancer & sickle cell disease in over 90 facilities in seven countries. For more information, please visit kidskickingcancer.org.

Rabbi G. (Elimelech Goldberg) is a clinical associate professor of pediatrics at the Wayne State University School of Medicine.

Michele Mouyianis
Kids Kicking Cancer
(248) 864-8238
[email protected]

T
HIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
NOR
FOR DISSEMINATION IN THE UNITED STATES

SASKATOON, Saskatchewan, Nov. 18, 2020 (GLOBE NEWSWIRE) — GESPEG RESOURCES LTD. (TSX-V:GCR) (the “Company” or “Gespeg”) , is pleased to announce that, based on the initial results of the exploration program, it has acquired an additional 36 new claims at Lac Arsenault. The new claims adjoin the Company’s existing claims to the east and the west.

With this acquisition, the Lac Arsenault project now consist of 75 claims covering a surface of 3,918 hectares or 39 square kilometres. The property hosts a known gold vein system and additional highly prospective zones over a strike length of over 12 kilometres along the Grand Pabos Fault

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/62216999-bd92-469c-82d4-83cb78892ce9

Gespeg’s


Approach to Target Identification at Lac Arsenault

Gespeg is employing exploration techniques that have never been utilized on the Lac Arsenault to refine existing targets and identify previously overlooked areas to develop new exploration targets. Commencing with the structural geological examination conducted by Dr. Jean Philippe Desrochers (see press release), and the high-resolution heliborne magnetic survey flown by Prospectair in October, Gespeg has now contracted to complete an induced polarization survey which was initiated on November 15, 2020.

Mr. Sylvain Laberge, President and CEO of Gespeg states “Our exploration team is committed to bringing all of these tools to the Lac Arsenault project for the first time in the projects history. We are confident the program will result in new and well defined drill targets that we can follow-up on in early 2021”.
  
Results from the exploration program will be reported once all the correlation of all the data collected has been completed.

About Lac Arsenault Project: The property is located along the Grand Pabos fault, in the south-eastern part of the Gaspé Peninsula. Its immediate environment reveals a series of superficial magnetic anomalies, drained by the Grand Pabos fault from a mass buried at great depth. The research, carried out in 2014 by the Consorem, concludes that the intersection of the geochemical targets (favorable rocks) and of the geophysical analysis with the analysis of the streams sediments make it possible to identify several very favorable zones for deposits of the porphyry type (skarns) and the “Reduced Intrusion-Related” type Gold Systems ”(RIRGS) along the Grand Pabos fault. The mineralization observed and interpreted as mesothermal gold veins placed in secondary deformation corridors at the Grand Pabos fault, could originate in the environment of these types of deposit.

About
Gespeg
Resources Inc.: Gespeg is an exploration company with a focus in strategic and energetic metals and underexplored regions “Gaspé, Chibougamau Québec”. With a dedicated management team, the Company’s goal is to create shareholder value through the discovery of new deposits.

Bernard-Olivier Martel, P. Geo, the Company’s Director of Exploration, is a qualified person (as such term is defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects) and has reviewed and approved the technical disclosure contained in this news release.

GESPEG RESOURCES
LTD.

(signed) “

Sylvain Laberge

”                

Sylvain Laberge

President and CEO
514.702.9841
[email protected]

Some of the statements contained in this press release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as “expects”, “intends”, “is expected”, “potential”, “suggests” or variations of such words or phrases, or statements that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company’s control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.

Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

NEW YORK, Nov. 18, 2020 (GLOBE NEWSWIRE) — Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: Spotify (NYSE: SPOT), Logiq, Inc. (OTC: LGIQ) Square (NYSE:SQ) and Alibaba (NYSE: BABA).

Square (NYSE:SQ) CEO Jack Dorsey: “Scaling Business and Consumer Fintech Ecosystems”

“…We have scaled not one but two ecosystems focused on expanding access to financial services for sellers and individuals…Let’s start with Seller. We’re focused on providing sellers with fast and flexible access to their funds, which has proven to be especially important this year. Square Card, our business debit card, which we launched last year, provides sellers with a way to immediately access and spend earned funds without setting up a bank account. Adoption of Square Card has increased each quarter since launch…We also work to provide employees easier access to funds. In the third quarter, we launched two new features for Square Payroll, Instant Payments and On-Demand Pay. Instant Payments allows Square Payroll merchants to pay employees using earned funds next business day with direct deposit or instantly when employees use Cash App. This strengthens the integration between our Seller and Cash App ecosystems, and it was a great example of what we can do when we connect the two ecosystems together…”

“For Cash App, we’ve continued to find ways to make financial services more relatable and accessible for individuals. We’ve seen strong adoption across the Cash App ecosystem, including our stock brokerage product, which has seen the fastest adoption of any product to-date. Since launching it less than a year ago, more than 2.5 million customers have bought stocks using Cash App and billions of dollars have been traded by the end of the third quarter…This quarter we launched Auto-Invest, which allows for dollar-cost averaging from recurring daily or weekly purchase of Bitcoin or stocks.”

Square (NYSE:
SQ
) Q3 2020 Earnings Highlights:


https://bit.ly/2UCHP6s

Logiq, Inc. (OTC: LGIQ) President, Brent Suen: “Southeast Asia Fintech/Ecomm with 10X Upside Potential”

Logiq, Inc. (OTC: LGIQ), a regular presenter at Wall Street Reporter’s NEXT SUPER STOCK livestream events, is rapidly growing it’s mobile e-commerce, and fintech business in Southeast Asia, with revenues accelerating to a $40 million run-rate.

In a recent livestream event, LGIQ President Brent Suen, explained why LGIQ has compelling upside, based on valuation comparables to it’s peers in the e-commerce/fintech space. While LGIQ trades at about 2X revenues, it’s peers such as SHOP, SE, STNE, and JMIA, are often trading at 20-30X revenues.

November 18, 12:00EST – LGIQ is presenting at Wall Street Reporter’s NEXT SUPER STOCK livestream event. Click here to join:


https://bit.ly/36KYXfU


Livestream starts 12:00 EST.

November 18 – LGIQ has launched its previously announced mobile fintech platform in Indonesia, in an exclusive strategic alliance with Indonesia’s social security program provider, Koperasi Mona Santoso Berjaya (KMSB). Using the new fintech platform, KMSB will provide micro-lending services to Badan Perlayanan Jaminan Sosial Ketenagakerjaan (BPJSTK), Indonesia’s social security agency that administers retirement and pension plans on behalf of Indonesian government entities and about 600,000 small- and medium-sized businesses (SMBs), with a combined total of 48 million individual members.

LGIQ and KMSB will jointly own and operate the new mobile fintech platform that will deliver mobile financial services. Logiq, through its Indonesian operations, will provide platform design and technology, management, ongoing hosting and technical support. KMSB will provide the financial institutional relationships for enabling the microlending program. The partners will then work together to launch a new marketing and advertising campaign that will encourage adoption and regular use of the mobile fintech offerings. The pilot program will provide mobile micro-lending and related services to 6,000 BPJSTK employees who will be able to borrow up to 20% of their annual salary.

“Through this exclusive strategic alliance with KMSB, we have a tremendous opportunity to improve the lives of nearly 20% of the Indonesian population who normally do not have access to traditional financial services,” stated LGIQ president, Brent Suen. “The opportunities for new revenue streams from microlending, mobile payments, and our eCommerce solutions with this enormous user base are also phenomenal, potentially generating tens of millions of dollars of revenue annually..”

November 18, 12:00EST – LGIQ is presenting at Wall Street Reporter’s NEXT SUPER STOCK livestream event. Click here to join:


https://bit.ly/36KYXfU


Livestream starts 12:00 EST.

Watch (OTC: LGIQ) NEXT SUPER STOCK livestream (10/28/20):


https://bit.ly/2JNIWOf

Alibaba Group Holdings (NYSE: BABA) Daniel Zhang CEO: “Big Growth Opportunities in Cloud and Southeast Asia”

In the latest earnings call, Alibaba CEO Daniel Zhang highlighted Alibaba Cloud and expansion in Southeast Asia as important new growth areas:

Cloud Opportunities: “…The pandemic is accelerating demand for cloud infrastructure and services. According to IDC’s latest report, Alibaba Cloud maintained its position as the largest public cloud service provider in China, which is a testament to Alibaba Cloud’s strengthening market leadership. In the June quarter, our cloud computing revenue grew 59% year-over-year in sectors such as Internet, financial services, consumer retail and public services. Alibaba Cloud not only provides infrastructure as a service but also develops industry-specific technology and business solutions to address real-world application requirements for our customers…the China cloud market is going to be somewhere in the $15 billion to $20 billion total size range, and the U.S. market is about 8x that. So the China market is still at a very early stage…”

Southeast Asia Strategic Growth Priority: “…Southeast Asia market is our strategic priority for Alibaba’s globalization strategy…The pandemic has significant impact on many Southeast Asian countries, and it has converted many consumers into online shoppers. We believe the increasing adoption of online shopping is beneficial for healthy growth of the region’s e-commerce industry over the long term… And I think when we look at our Lazada’s operation, we expect to build a more tech-driven, AI-driven sustainable business. Actually, today, in this market, the competition is very extensive, and the people invest and even certifies the buyers, sellers, even shipping fees and trying to get the short-term growth. But we strongly believe we need to build a long-term, sustainable business and so our advantage is, first is about Alibaba technology infrastructure and especially our experience and know-how and technologies in the AI and in the search and recommendation and the supply and demand match mechanism…”

Alibaba (NYSE: BABA) Q1 2021 Earnings Call Highlights:


https://bit.ly/3dZ8vXT

Spotify (NYSE: SPOT) CEO Daniel Ek: “The Beginning of Our Flywheel”

“…On the music fronts, we entered a new multi-year global license agreement with Universal Music Group that reflects our shared commitments in growing the industry and supporting artists at all stages of their careers….Universal Music Group will leverage Spotify’s marketplace tools for both frontline and catalogue artists to connect them with fans, grow their audiences and better monetize their fan base. And we’ll also work together to develop new products and tools that drive discovery and engagement at a scale that has never before existed….Spotify has now surpassed 60 million tracks globally, giving artists even more opportunities to connect with their biggest fans…”

“…We launched in Russia and 12 other European countries. And our first week in Russia was huge, even bigger than our first week in India…we have the opportunity to reach 250 million more listeners in these markets over the long-term. We are now operating in nearly every country across Europe, but there is still a lot of pent-up demand for Spotify in markets around the world, which is why we have plans for further expansion globally…What these two recent examples underscore is that staying focused on long-term growth, whilst managing for speed of iteration near-term is what will drive future growth.”

“What we are seeing here is the beginning of our ‘flywheel’…Spotify is now going after all of audio and that’s obviously a significantly larger market than just the music industry and then on itself. And so, what we are seeing is that, by every piece of contents that we are adding on the service that we are successfully serving to our consumer, we are creating more engagement. That engagement in turn leads to obviously lower churn, but more importantly, now that we have almost 300 million monthly active users on the platform. These users are also when they find great shows sharing that on social media and other forms to other consumers, as well driving this virtual cycle where more and more people are learning about what’s going on, on Spotify and more and more creators want to be on Spotify creating this virtuous flywheel.”

Spotify (NYSE: SPOT) Q2 2020 Earnings Call Highlights:


https://bit.ly/311tQdH

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NEW YORK, Nov. 18, 2020 (GLOBE NEWSWIRE) — Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: Electronic Arts (NASDAQ: EA), FansUnite (OTC: FUNFF) (CSE: FANS), NetEase (NASDAQ: NTES), and Peak Fintech Group (OTC:PKKFF) (CSE: PKK).

Accelerating digital transformation is driving new megatrends and revenue growth opportunities worldwide from video games, and music streaming to commercial lending. Wall Street Reporter highlights the latest comments from industry thought leaders:

NetEase (NASDAQ: NTES) CEO William Ding: ”Building Global Leader in Digital Entertainment”

“…We grew our net revenues year-over-year by nearly 26% to RMB18.2 billion for this quarter, and our net income from continuing operations attributable to our shareholders grew year-over-year by 35% to RMB4.5 billion.Our online games was up 21% in the second quarter year-over-year, reaching net revenue of RMB13.8 billion, driven by the impressive strength of our existing titles. Our flagship, Fantasy Westward Journey series and Westward Journey series, continued their strong performance in the second quarter. As two of the largest and longest-running game IPs in China, both games consistently attract a loyal crowd…”

“…We are very committed to bringing the richest content to Chinese users by introducing exciting global music and incubating independent musicians. In the second quarter, we launched numerous paid live shows for independent bands, giving them more options to stream online during this uncertain time…Beyond our progress in the domestic market, we have also made multiple headway with our international initiatives. Our overseas online game net revenues hit a new record high in the second quarter, propelled by robust performances from Knives Out and Life-After in Japan…”

“…NetEase is best known for our content creation capabilities. This rings true across our different business segments. As we look to the second half of this year, we are more confident and committed than ever to further expanding our reach and bringing relevant, exciting, new products and services to NetEase players, fans and followers around the world…We are excited to lead our next wave of expansion as we continue to build value for all of our stakeholders…”

NetEase (NASDAQ: NTES) Q2 2020 Earnings Highlights:

https://bit.ly/3kFMNK9

Peak Fintech Group (OTC:PKKFF) (CSE: PKK) CEO Johnson Joseph: “China Fintech Revenues Ready to Explode”

NEXT SUPER STOCK conference presenter Peak Fintech Group (OTC:PKKFF) (CSE: PKK) CEO Johnson Joseph, recently spoke with Wall Street Reporter’s investor audience about PKKFF fast growing China fintech business which connects small-medium business with commercial lending solutions. Joseph explained how Peak Fintech has already gained significant traction, generating over C$7.2 million revenue in Q 2020, and is now ready to start scaling revenues as it enters new markets in coming months.

Watch PKKFF Next Super Stock livestream video:


https://bit.ly/3ku9otb

November 19 – PKKFF will be presenting at Wall Street Reporter’s “NEXT SUPER STOCK” livestream event. Click here to join:


https://bit.ly/2PX0SpH

November 6 – PKKFF hires former People’s Bank of China senior manager, Mr. Wenjun Wu, as a special advisor to assist the Company in various business development capacities and in preparing the Company’s Cubeler Lending Hub platform for China’s upcoming digital currency. Mr. Wu is currently the CEO of Chengfangyun Digital Technology Ltd. (CDT), a Fintech company located in Suzhou that he created to provide products and services designed to help companies, banks and financial institutions conduct transactions in digital yuan. Prior to founding CDT, Mr. Wu was a senior manager at the People’s Bank of China (PBOC), China’s Central Bank, where he worked in the Credit Information Centre and Cross-border RMB Settlement departments while also leading the R&D department of the Central Bank’s Nanjing branch. CDT is currently working closely with the PBOC to promote the use and adoption of the digital yuan in Suzhou.

October 20 – PKKFF signed an exclusive agreement with the parent company of national consumer electronics distributor Beijing Dianjing Company Ltd. (“BDC”) to bring financing solutions to BDC’s 60,000 online retail clients.

BDC is a wholesale distributor of consumer electronics whose online retail clients sell laptops, smartphones and other consumer electronic products on China’s top three e-commerce portals: Tmall, JD.com and Pinduoduo. BDC’s clients, who collectively sell about $50B worth of consumer electronics per year, will be able to have up to 90% of the price of the products they purchase from BDC financed. Peak typically earns service fees ranging from 1% to 3% of the value of the credit amounts it helps facilitate, and this represents a total market opportunity of up to $1.35B in annual revenue potential.

Click here to join NEXT SUPER STOCK livestream:


https://bit.ly/3ku9otb

November 19 – PKKFF will be presenting at Wall Street Reporter’s “NEXT SUPER STOCK” livestream event. Click here to join:


https://bit.ly/2PX0SpH

FansUnite (OTC: FUNFF) (CSE: FANS) “Positioned for Exponential Revenue Growth in iGaming, E-sports, Online Sports Betting”

In a recent presentation at Wall Street Reporter’s NEXT SUPER STOCK livestream, FansUnite (OTC: FUNFF) (CSE: FANS) CEO Scott Burton explained how the company’s latest distribution deal with a online casino games aggregator, sets the stage for exponential revenue growth opportunities. In the next 12 months, FUNFF plans to expand its current line from three games to twelve – while adding multiple aggregators for each game – reaching millions of new online casino customers worldwide. With each game generating as much as $500,000 in revenue per month for FUNFF – per online casino – and the potential to be in hundreds of online casinos – these numbers can quickly add up. Watch FansUnite (OTC: FUNFF) NEXT SUPER STOCK livestream: https://bit.ly/37O1RlX

November 19 – FUNFF will be presenting at Wall Street Reporter’s “NEXT SUPER STOCK” livestream event. Click here to join:


https://bit.ly/2PX0SpH

Nov 5 – FUNFF’s wholly-owned UK Sportsbook McBookie achieves record 433% increase in revenue and 713% increase in gross margin in October 2020 compared to October 2019. Much of the growth was attributed to the unveiling of McBookie’s live casino games and increased activity in sports betting which resulted in $7.3M in total betting volume being placed during the month

Watch FansUnite (OTC: FUNFF) NEXT SUPER STOCK livestream:


https://bit.ly/37O1RlX

November 19 – FUNFF will be presenting at Wall Street Reporter’s “NEXT SUPER STOCK” livestream event. Click here to join:


https://bit.ly/2PX0SpH

Electronic Arts (NASDAQ: EA) CEO Robert Wilson:”Driving Growth Through New Games and New Platforms“

“..After the biggest first quarter in the history of Electronic Arts, our second quarter of FY 2021 showed continued strength with net revenue and earnings above our guidance. We are driving growth through the breadth, depth and quality of our new games, our industry-leading live services and expansion to more platforms and more ways to play…We delivered eight new games so far this year, and our network has grown to more than 330 million unique accounts as tens of millions of new players have joined to enjoy more of our amazing games and content. EA SPORTS continues to be a leader in sports interactive entertainment. ..

“..Our esports programs are scaling the new records in viewership also. Our new Madden NFL episodic content featuring NFL athletes, celebrities and top Madden NFL players is bringing great entertainment to a much wider audience. And our recent FIFA 21 challenge, which paired esports stars with celebrity soccer players was our most watched esports event to date with viewership that place it amongst top esports broadcast worldwide.”

“A few thoughts on our growth drivers for FY 2022 and beyond: Each previous console generation has grown in the global market and we expect this transition will be the same. We plan to launch at least six new games on the next-gen consoles in FY 2022. These will include a new Need for Speed game that is bringing some astounding visual leaps developed by the Criterion team who have launched some of the most highly rated games in franchise history…”

Electronic Arts (NASDAQ: EA) Q2 2021 Earnings Highlights:


https://bit.ly/32V49MO

WALL STREET REPORTER

Wall Street Reporter (Est. 1843) is the leading financial news provider, focused on giving investors direct access to CEO’s of promising, publicly-traded companies, and market experts. www.WallStreetReporter.com

About Wall Street Reporter’s Next Super Stock conference:

Wall Street Reporter’s NEXT SUPER STOCK Live! conference is dedicated to featuring select companies that have near-term catalysts in place which can drive transformational growth (and stock appreciation) in the months ahead. Click here to join next livestream event: https://www.wallstreetreporter.com/next-superstock-online-investor-conference/

CONTACT:

WALL STREET REPORTER

(212) 871-2057 ext 7

www.WallStreetReporter.com