Category: Press Releases

Recent expansion to 77,000 sq ft. makes Mosa Meat the largest cultivated meat campus in the world.

Maastricht, The Netherlands, Oct. 18, 2022 (GLOBE NEWSWIRE) — Mosa Meat, a leader in the cultivated meat space that grows beef directly from animal cells, and unveiled the first cultivated hamburger in 2013, has announced the next step in the scale up of the company’s cultivated beef production facilities.

A new industrial production development center is being developed close to Mosa Meat’s existing pilot facility in Maastricht. After demonstrating the beef cultivation process at pilot scale, Mosa Meat is now ready for the next phase of expansion, housing industrial-size production lines and enabling larger production quantities of beef.

“We’ve expanded our space by 30,000 square feet in our next phase, which brings Mosa Meat’s total footprint to over 77,000 square feet,” shared Maarten Bosch, Mosa Meat’s CEO. “This makes us the largest cultivated meat campus in the world, and provides a solid foundation for our European and global commercialisation plans.”

Global meat consumption is projected to grow more than 40% by 2030, and Mosa Meat is part of a growing global movement to transform the way meat is produced. Beef specifically, is the protein with the highest carbon footprint, which is why Mosa Meat has focused on it since the company was founded in 2016.

Mosa Meat has grown to over 160 employees, with over 80 scientists and the largest number of PhDs in the industry in just a few years’ time. The production team has grown five-fold in the last three months to 15 members. Simultaneously the company has also expanded its footprint at existing locations, including operations at Brightlands and the current pilot facility in Maastricht, where R&D capacity continues to grow. Together, this brings Mosa Meat one step closer towards commercialisation.

Mosa Meat plans to announce the launch of its industrial production development center in 2023.

*********

About Mosa Meat

Mosa Meat is a global food technology company pioneering a cleaner, kinder way of making real beef. Our founders introduced the world’s first cultivated beef hamburger in 2013, by growing it directly from cow cells. Founded in 2016, Mosa Meat is now scaling up production of the same beef that people love, but in a way that is better for people, animals, and the planet. A diverse and growing team of food-loving problem-solvers, we are united in our mission to fundamentally reshape the global food system. Headquartered in Maastricht, The Netherlands, Mosa Meat is a privately held company backed by Blue Horizon, M Ventures, Bell Food Group, Nutreco, Mitsubishi Corporation, Leonardo DiCaprio and other high-caliber investors.

Follow Mosa Meat on Facebook, LinkedIn, Twitter and Instagram or visit mosameat.com to learn more about why people #cravechange. Access the Mosa Meat press kit here.

Attachment

• Mosa Meat Industrial Production Development Center

Tim van de Rijdt
Mosa Meat
press@mosameat.com

WONJU, South Korea, Oct. 17, 2022 (GLOBE NEWSWIRE) — Fortinet, a global leader in broad, integrated and automated cybersecurity solutions, will become the Official Cybersecurity Partner of the BMW Ladies Championship, taking place at the Oak Valley Country Club in the Republic of Korea. The partnership with the BMW Ladies Championship will represent Fortinet’s first sponsorship with the LPGA and in Asia.

The 2022 BMW Ladies Championship will take place at Oak Valley Country Club from October 20-23, where 78 players, including 68-top class LPGA Tour players will compete for a prize fund of $2,000,000. The Tournament began in 2016 as an LPGA of Korea Tour event and became a co-sanctioned LPGA event in 2019. It remains as the only LPGA event in Korea. World No.1 and Seoul native, Jin Young Ko will return to Oak Valley Country Club in October as defending champion after beating fellow Korean Heejeong Lim in a playoff last year to secure her third victory at this event.

Sangyun Han, Representative Director and CEO of BMW Korea commented, “I am thrilled to announce this partnership with Fortinet. We will promote tournaments and create events that will contribute to the development of the Korean golf and sports industry while expanding our partnership with a wide range of well-known corporate sponsors.”

John Maddison, EVP of products and CMO at Fortinet commented: “To help foster inclusion and diversity, Fortinet supports women’s career development through the Fortinet Training Advancement Agenda and Training Institute initiatives. As part of this work, Fortinet is excited to support LPGA tournaments and events for talented women.”

The partnerships with BMW further extend Fortinet’s involvement with a diverse group of organizations focused on benefitting local communities and closing the cybersecurity skills gap worldwide. For example, Fortinet was an Official Cybersecurity Partner of the Kroger Queen City Championship which took place in Cincinnati, OH, September 8 – 11, 2022.

As part of the company’s dedication to the community, Fortinet has designated proceeds from the Fortinet Championship to benefit nonprofit organizations in the areas of science, technology, engineering, and math (STEM); diversity and inclusion; and reskilling programs, including organizations like non-profit WINE WOMEN, focused on advancing women in their careers.

About the LPGA 
The LPGA is the world’s leading professional golf organization for women. Founded in 1950 and headquartered in Daytona Beach, Fla., the association celebrates a diverse and storied membership with more than 2,300 members representing more than 30 countries. With a vision to inspire, empower, educate and entertain by showcasing the very best of women’s golf, LPGA Tour Professionals compete across the globe, while the Symetra Tour, the official qualifying tour of the LPGA, consistently produces a pipeline of talent ready for the world stage. Additionally, LPGA Teaching and Club Professionals directly impact the game through teaching, coaching and management.

The LPGA demonstrates its dedication to the development of the game through The LPGA Foundation. Since 1991, this charitable organization has been committed to empowering and supporting girls and women through developmental, humanitarian and golf community initiatives, including LPGA*USGA Girls Golf, the LPGA Women’s Network and the LPGA Amateur Golf Association.

Follow the LPGA on its television home, Golf Channel, and on the web via www.LPGA.com. Join the social conversation at www.facebook.com/lpga, www.twitter.com/lpga and www.youtube.com/lpgavideo, and on Instagram at @lpga_tour.

About The BMW Group
With its four brands BMW, MINI, Rolls-Royce and BMW Motorrad, the BMW Group is the world’s leading premium manufacturer of automobiles and motorcycles and also provides premium financial and mobility services. The BMW Group production network comprises over 30 production sites worldwide; the company has a global sales network in more than 140 countries.

In 2021, the BMW Group sold over 2.5 million passenger vehicles and more than 194,000 motorcycles worldwide. The profit before tax in the financial year 2021 was € 16.1 billion on revenues amounting to € 111.2 billion. As of 31 December 2021, the BMW Group had a workforce of 118,909 employees.

The success of the BMW Group has always been based on long-term thinking and responsible action. The company set the course for the future at an early stage and consistently makes sustainability and efficient resource management central to its strategic direction, from the supply chain through production to the end of the use phase of all products.

www.bmwgroup.com
Facebook: http://www.facebook.com/BMWGroup
Twitter: http://twitter.com/BMWGroup YouTube: http://www.youtube.com/BMWGroupView
Instagram: https://www.instagram.com/bmwgroup
LinkedIn: https://www.linkedin.com/company/bmw-group/

About IMG
IMG is a global leader in sports, fashion, events and media. The company manages some of the world’s greatest athletes and fashion icons; owns and operates hundreds of live events annually; and is a leading independent producer and distributor of sports and entertainment media. IMG also specializes in licensing, sports training and league development. IMG is a subsidiary of Endeavor, a global sports and entertainment company.

About Fortinet

Fortinet makes possible a digital world that we can always trust through its mission to protect people, devices, and data everywhere. This is why the world’s largest enterprises, service providers, and government organizations choose Fortinet to securely accelerate their digital journey. The Fortinet Security Fabric platform delivers broad, integrated, and automated protections across the entire digital attack surface, securing critical devices, data, applications, and connections from the data center to the cloud to the home office. Ranking #1 in the most security appliances shipped worldwide, more than 595,000 customers trust Fortinet to protect their businesses. And the Fortinet NSE Training Institute, an initiative of Fortinet’s Training Advancement Agenda (TAA), provides one of the largest and broadest training programs in the industry to make cyber training and new career opportunities available to everyone. Learn more at https://www.fortinet.com, the Fortinet Blog, or FortiGuard Labs.

Media Contact:	Investor Contact:	Analyst Contact:
Stephanie Lira	Peter Salkowski	Brian Greenberg
Fortinet, Inc.	Fortinet, Inc.	Fortinet, Inc.
408-235-7700	408-331-4595	650-554-0941
pr@fortinet.com	psalkowski@fortinet.com	analystrelations@fortinet.com

Contact:
Triller PR/Edendale Strategies
Curtis Vogel
Press@triller.co

SAN JOSE, Calif., Oct. 17, 2022 (GLOBE NEWSWIRE) — NEUCHIPS, a leader in AI ASIC platforms for deep learning recommendation, today announced series B2 funding of $20M. The round includes strategic investors Wistron, JAFCO Asia, Powerchip Group and new investor Raydium Semiconductor Corporation.

Together with the UKAEA’s world-leading researchers, General Fusion progresses its Fusion Demonstration Program

VANCOUVER, British Columbia, Oct. 17, 2022 (GLOBE NEWSWIRE) — Today, General Fusion and the UKAEA kick off projects to advance the commercialization of magnetized target fusion energy as part of an important collaborative agreement. With these unique projects, General Fusion will benefit from the vast experience of the UKAEA’s team. The results will hone the design of General Fusion’s demonstration machine being built at the Culham Campus, part of the thriving UK fusion cluster. Ultimately, the company expects the projects will support its efforts to provide low-cost and low-carbon energy to the electricity grid.

General Fusion’s approach to fusion maximizes the reapplication of existing industrialized technologies, bypassing the need for expensive superconducting magnets, significant new materials, or high-power lasers. The demonstration machine will create fusion conditions in a power-plant-relevant environment, confirming the performance and economics of the company’s technology.

“The leading-edge fusion researchers at UKAEA have proven experience building, commissioning, and successfully operating large fusion machines,” said Greg Twinney, Chief Executive Officer, General Fusion. “Partnering with UKAEA’s incredible team will fast-track work to advance our technology and achieve our mission of delivering affordable commercial fusion power to the world.”

“Fusion energy is one of the greatest scientific and engineering quests of our time,” said Ian Chapman, UKAEA CEO. “This collaboration will enable General Fusion to benefit from the ground-breaking research being done in the UK and supports our shared aims of making fusion part of the world’s future energy mix for generations to come.”

Advancing polychromators for Thomson Scattering

General Fusion benefits from the UKAEA’s expertise in building polychromators, which are used in an industry-standard diagnostic called Thomson Scattering that measures electron temperature. The UKAEA will be building a new, larger Thomson Scattering system, which will be installed on General Fusion’s fusion demonstration machine at Culham. Electron temperature measurements are used for thermal confinement calculations, a fundamental calculation to determine experiment success.

Improving neutronics model development and simulation

Since its founding, General Fusion has formed over 200,000 hydrogen plasmas, averaging 100 neutron-generating plasmas per day. In its collaboration with the UKAEA, the company will harness UKAEA’s extensive neutron modelling software and expertise to simulate the neutron flux distribution from General Fusion’s operational large-scale plasma injector (PI3) as well as future machines. The simulation results from PI3 will be used to develop higher level physics models that will inform the design of neutron diagnostics on future machines, including the fusion demonstration and commercial power plants.

Customizing vacuum test steel for fusion demonstration vessel

In the past 20 years, enabling technologies, such as advanced composite materials and additive manufacturing, have offered innovative new pathways to resolve historical barriers to fusion energy. In General Fusion’s fusion demonstration, the design will use special steel that can withstand the high temperatures and compressive forces found in a fusion vessel. The UKAEA will use its vacuum facilities to test the specific steel that General Fusion will use and help inform the demonstration facility’s final design.

About General Fusion
General Fusion is pursuing a fast and practical approach to commercial fusion energy and is based in Vancouver, Canada, with locations in London, UK, and Oak Ridge, Tennessee, USA. The company was established in 2002 and is funded by a global syndicate of leading energy venture capital firms, industry leaders, and technology pioneers. Learn more at www.generalfusion.com.

General Fusion Media Relations
media@generalfusion.com
+1-866-904-0995

Follow General Fusion

twitter.com/generalfusion

instagram.com/generalfusion

linkedin.com/company/general-fusion

facebook.com/generalfusion

youtube.com/c/GeneralFusionInc

About UKAEA
UK Atomic Energy Authority (UKAEA) carries out fusion energy research on behalf of the UK Government. We believe fusion will be part of the world’s future energy mix, and achieving this involves working at the forefront of science, engineering, and technology.

We oversee the UK’s fusion programme, headed by the MAST Upgrade (Mega Amp Spherical Tokamak) experiment. We also host the world’s largest fusion research facility, JET (Joint European Torus), operated for scientists from around Europe.

More information: https://www.gov.uk/ukaea. Social Media: @UKAEAofficial

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2a66bef7-2c65-44be-ae8a-089ddce99e1e

A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/00210685-fc62-49ef-954d-a1a6eedd9b9b

TEWKSBURY, Mass., Oct. 17, 2022 (GLOBE NEWSWIRE) — Cambridge Isotope Laboratories, Inc. (CIL), the world leader in stable isotope chemistry and the separation of carbon-13 (¹³C), has embarked on the largest expansion in the company’s history. This strategic undertaking, which has been aptly named North Star, will significantly increase ¹³C production by building a separate cryogenic distillation facility for carbon monoxide.

In 1990, CIL constructed the world’s largest ¹³C isotope-separation plant, Cambridge Isotope Separations, LLC (CIS), located on 33 acres in Xenia, Ohio. Since then, the site has grown to 48 acres and there have been four expansions of ¹³C production. This investment, which began in 2020, is planned to be completed in 2024 and will dramatically increase CIL’s existing capacity of ¹³C production.

“North Star is a culmination of 30 years of knowledge and learning how to design, build, and operate isotopic separate systems,” states Mike Steiger, Vice President of Engineering and Project Execution at CIS. “Our experience allows us to continually make improvements in our design, execution of the project, and operation of our systems.”

“With each build and expansion of ¹³C, CIL accumulates vast amounts of information and learnings,” says CEO (Chief Executive Officer) Cliff Caldwell. “Although our earliest systems are fully operational and have been for decades, we continue to challenge what we know and can learn from each expansion to increase efficiency, reliability, and redundancy while reducing our environmental footprint. We are passionate about not just being the biggest but also the best.”

¹³C is a critical starting material used in the production of new and existing research and diagnostic chemicals. North Star will ensure that CIL’s committed, long-term customers will be guaranteed the additional ¹³C required for the current and increasing future demands for ¹³C-labeled compounds.

About Cambridge Isotope Laboratories, Inc.

CIL is the world’s largest manufacturer and global supplier of stable isotopes and stable isotope-labeled compounds used in research, environmental, neonatal, pharmaceutical, medical diagnostic, OLED, and industrial markets. Our CIL subsidiary, ABX in Dresden, Germany, is active in the development and commercialization of radio isotopic labeled compounds for the diagnosis and treatment of cancers. CIL is an operating business owned by Otsuka Pharmaceutical. The CIL business consists of two facilities in the Boston, MA, area; a large isotope-enrichment production plant in Xenia, OH; CIL China; CIL Canada; ABX in Dresden, Germany; and Eurisotop in Saclay, France. For more information on CIL, visit isotope.com.

Contact Information:
Crissy Krisko
crissyk@isotope.com
1.978.749.8000

Related Images

Image 1: CIS – Cambridge Isotope Separation Facility

This content was issued through the press release distribution service at Newswire.com.

Attachment

• CIS – Cambridge Isotope Separation Facility

• EV Technology Group’s strategic partner MOKE International returns to the US with the improved and more powerful Electric MOKE Californian, 40 years since the original was last sold in America
• MOKE International’s Electric MOKE Californian will be the only highway-legal Moke vehicle available in the US and first genuine version of the original Mini Moke to go on sale since 1982
• MOKE International owns the original 1964 Moke trademark and over 100 other Moke marks; it is recognized in Europe as the direct descendant of the original manufacturer of the legendary Mini Moke
• The Electric MOKE Californian is highway-legal with a top speed of 50mph (80kph) and offers a range of 80 miles (120km) per charge (Subject to Worldwide Harmonised Light Vehicle Test Procedure (WLTP) testing)
• MOKE International is the first 1960s automotive brand to go 100% electric

TORONTO, Oct. 17, 2022 (GLOBE NEWSWIRE) — EV Technology Group Ltd. (the “Company” or “EV Technology Group”) (NEO: EVTG, OTCQB: EVTGF, DE: B96A) announces that its strategic partner MOKE International Limited (“MIL” or “MOKE International”) will bring the MOKE brand back to America after 40 years, with the more powerful and highway-legal Electric MOKE Californian – a zero-emissions reimagination of the original 1964 Mini Moke. MOKE International owns the original 1964 British Motor Corporation Moke trademarks and is recognized in over 100 jurisdictions as the owner of the Moke brand.

The Electric MOKE Californian

The Electric MOKE Californian is hand-crafted in the United Kingdom to the same high specifications and standards as the Electric MOKE that recently went on sale in Europe, but its name is a US market-specific tribute to the 1977 Moke Californian – an uprated version of the Mini Moke that was sold in America and ceased production in 1982.

This is the first time a genuine version of the original Mini Moke has gone on sale in the US in more than four decades, and the first time a highway-legal version of the original Mini Moke has been available in America, with a top speed of 50mph (80kph). Fully charged, the Electric MOKE Californian offers a range of 80 miles (120km) – enough to cruise Route 101 down to Malibu Beach from Santa Barbara. A full charge takes four hours on a US Type 1 charger.

MOKE International is the first 1960s brand to go fully electric, reinventing the Mini Moke through zero-emissions technology to continue its legacy as a design icon and beloved beach accessory.

Isobel Dando, CEO MOKE International, said: “This is a momentous time for MOKE International. It’s great to be able to offer the US market a genuine MOKE car for the first time in 40 years. The original Moke Californian represented an incredibly important chapter in the company’s rich history; we are proud that the MOKE lives on and can be enjoyed in the electric era.”

Wouter Witvoet, Founder and CEO of EV Technology Group, said: “The MOKE Californian’s return to US soil solidifies our approach to electrifying iconic brands. As we partner with iconic brands such as MOKE, we don’t just help them to transition to electric, but most importantly we delve into the brands roots and help to continue to write its history. As a company traded in the US via the OTCQB, there has already been a lot of interest in seeing our vehicles live in the US, so we expect that this announcement will be met with great excitement.”

The Electric MOKE Californian’s pure bloodline

MOKE International, maker of the new Electric MOKE Californian, continues the legacy of the legendary Mini Moke, but reinvented for the electric era. The Mini Moke was born in the heartland of Britain’s automotive industry, created by the father of the Mini, Sir Alec Issigonis.

With prototypes built by the British Motor Corporation in 1959, developed under the codename ‘The Buckboard’, the Mini Moke was originally intended to be a lightweight military vehicle that could be parachuted into warzones and help troops traverse rough ground quickly. Marketed domestically as a utility wagon for farmers and workers, it quickly found legions of fans across the globe, especially in the South of France and Australia, where its rugged nature and open top design made it the ultimate beach shuttle. Loaded with surfboards and refreshments, with the wind running through your hair, life was for living.

Countless admirers including The Beatles, The Beach Boys and Brigitte Bardot – all seen driving the Mini Moke in glamorous seaside locations like the French Riviera and the Caribbean – cemented its status as an icon of the Swinging ‘60s.

While there were many variants of the original Mini Moke made before production ceased in 1993, perhaps the most exciting and desirable was the Moke Californian, which was sold in the US from 1977-1982. Styling-wise, it was a departure from the Mini Moke’s utilitarian look which made it popular with a young, fashion-conscious crowd in sun-drenched locations like Playa del Rey and Cayucos.

Still built in the UK, the new Electric MOKE Californian embodies all of the same qualities of the original – fun, freedom, fresh air – but plays its role in keeping some of the world’s most beautiful locations clean through zero-emissions technology.

Using a 44hp electric motor and weighing less than 800kg, the rear-wheel-drive Electric MOKE Californian covers 0-34mph (0-55kph) in 4.3 seconds and achieves a top speed of 50mph (80kph). A full charge takes just four hours via a Type 1 port and the Californian covers up to 80 miles of range on a single charge. Further details on when the Californian will go on sale in the US, as well as pricing, will follow in the coming weeks.

Electric MOKE Californian Specifications

Range	120 km*
Charge	4 hours
Top speed	80 KM/h
0-55 KM/h	4.3 seconds
Power	33 kW
Battery	LITHIUM-ION
Made exclusively in the UK

*Subject to Worldwide Harmonised Light Vehicle Test Procedure (WTLP) testing

Media

Rachael D’Amore

rachael@talkshopmedia.com

+1519-564-9850

Investor Relations

Dave Gentry

dave@redchip.com

+14074914498

EV Technology Group

Wouter Witvoet

CEO and Chairman of the Board

wouter@evtgroup.com

About EV Technology Group

EV Technology Group was founded in 2021 with the vision to electrify iconic brands – and the mission to redefine the joy of motoring for the electric age. By acquiring iconic brands and bringing beloved motoring experiences to the electric age, EV Technology Group is driving the EV revolution forward. Backed by a diversified team of passionate entrepreneurs, engineers and driving enthusiasts, EV Technology Group creates value for its customers by owning the total customer experience — acquiring and partnering with iconic brands with significant growth potential in unique markets, and controlling end-to-end capabilities. To learn more visit: https://evtgroup.com/

About MOKE International

MOKE and the MOKE logo are trademarks or registered trademarks of MOKE International Limited in the European Union and other territories. MOKE International, a company registered in England, is the only manufacturer of genuine MOKE vehicles worldwide. The mark was acquired from Casti S.p.A. and derives from the original 1964 British Motor Corporation registration. The MOKE is a revitalized, re-engineered version of the iconic Mini Moke that was originally designed by the legendary Sir Alec Issigonis, the designer of the 1959 Mini, and launched in 1964. The Mini Moke was created as a low-cost and easy to maintain recreational and utility vehicle, but it quickly gained cult status in fashionable resorts such as the French Riviera and the Caribbean. It has been driven by Beatles, Bridget Bardot and James Bond alike. MOKE International has brought the Mini Moke into the modern age by integrating up-to-date driving technologies, including full electric power, while remaining faithful to the iconic design which made it a global hit in the 1960s. True to its heritage, MOKEs today are engineered and built in Northamptonshire, England. Production takes place at a 500,000sq ft state-of-the-art facility owned and operated by British automotive manufacturing services company, Fablink Group.

Forward-Looking Information

This news release contains forward-looking statements including, but not limited to: the specifications of and consumer demand for the Electric MOKE Californian. Often, but not always, these Forward-looking Statements can be identified by the use of words such as “estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “used”, “detailed”, “has been”, “gain”, “planned”, “reflecting”, “will”, “containing”, “remaining”, “to be”, or statements that events, “could” or “should” occur or be achieved and similar expressions, including negative variations.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any results, performance or achievements expressed or implied by the Forward-looking Statements, including those factors discussed under “Risk Factors” in the filing statement of the Company. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in Forward-looking Statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. The forward-looking statements contained herein are made as of the date hereof and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except where required by law. There can be no assurance that these forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

THE NEO STOCK EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f7aae28b-f464-419f-96c6-28a017f34007

Accompanying exhibition ‘From Spark to Spirit’ runs from November 3, 2022 – February 4, 2023

RIYADH, Saudi Arabia, Oct. 17, 2022 (GLOBE NEWSWIRE) — Noor Riyadh, the groundbreaking annual festival of light and art, will launch on November 3, 2022 (until 19 November 2022), accompanied by a 3-month art exhibition (November 3, 2022 – February 4, 2023) and dynamic public program.

Following the success of the festival’s inaugural edition in 2021, this edition will see the festival triple in size, with activations in 40 locations across the city of Riyadh. As one of the world’s most ambitious festivals of its kind, Noor Riyadh transforms the city into a dazzling night-time ‘gallery without walls’ across the largest city footprint of any light art festival worldwide. The festival brings together local communities, from families to artists, students, professionals and more, with international audiences from across the globe.

Noor Riyadh’s 2022 theme ‘We Dream of New Horizons’ is centered around a sense of hopefulness for the future, with connotations that are positive, optimistic and reflective of a confidence in renewal and transformation.

The much anticipated second edition showcases over 120 installations by more than 100 Saudi and international artists. The festival is co-curated by Hervé Mikaeloff, Dorothy Di Stefano and Jumana Ghouth. World renowned artists such as teamLab, Daniel Buren, Douglas Gordon and Alicja Kwade will be joined by Saudi talent including Muhannad Shono, Ayman Zedani, Sarah Brahim and Ahaad Alamoudi. The diverse forms of light art on show include immersive site-specific installations, monumental public artworks, ephemeral sculptures, art trails and virtual reality.

Additional highlights include the festival’s accompanying exhibition entitled ‘From Spark to Spirit’, taking place from November 3, 2022 to February 4, 2023 at JAX 03 (JAX District), Riyadh, curated by Neville Wakefield (lead curator) and Gaida AlMogren (associate curator). The exhibition traces the role light plays in shaping our relationship to a world for which light itself has become the signal of change, exploring themes such as the ‘Technologies of Light’, ‘Architectonics of Light’ and ‘Consciousness of Light’. Example artists include Doug Aitken, Zahrah Al Ghamdi, Refik Anadol, Larry Bell, Jim Campbell, John Edmark, Walaa Fadul, Lina Gazzaz, Phillip K. Smith III and Haroon Mirza.

Noor Riyadh was the first of the Riyadh Art programs to launch, inaugurating what is becoming the project’s legacy of transforming Riyadh into a gallery without walls. Comprising of 10 programs, delivering more than 1,000 public art installations across the city created by local and international artists, and supported by two annual festivals, including Noor Riyadh, Riyadh Art is working to transform the Capital into a vibrant, cosmopolitan city and enrich lives through creative joyful experiences, in line with Saudi Arabia’s Vision 2030 goals.

For more information regarding Riyadh Art and Noor Riyadh contact:

Zara Doshi at Pelham Communications zara@pelhamcommunications.com

Anastasia Lander at Pelham Communications anastasia@pelhamcommunications.com

Website: http://noorriyadh.sa

Noor Riyadh is presented by Riyadh Art and Royal Commission for Riyadh City.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/186a80ce-eb09-4521-bc9b-ea9cd43bbb4f

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

Amsterdam – 17 October 2022 – Azerion has announced the completion of several acquisitions for an aggregated consideration of approximately €12 million (cash and share consideration). The acquisitions include Vlyby Gmbh, a fast growing ad tech company focused on programmatic video advertising and self-service publisher solutions, as well as a number of asset deals consisting of full monetization solutions for digital publishers in Italy (TakeRate) and France. These acquisitions generated approximately €14 million revenue in 2021.

Atilla Aytekin, co-CEO of Azerion, commented: “Our M&A pipeline remains strong, as demonstrated through this latest round of acquisitions. With every new integration we are delighted to see the Azerion platform growing ever stronger and improving the way we are able to satisfy the needs of our customers and partners. We will continue working actively and selectively on strategic M&A opportunities to complement our organic growth.”

To further enhance its monetization capabilities, Azerion will integrate VlyBy’s advertising technology including a product suite that allows publishers to offer video advertising inventory to multiple demand partners simultaneously, optimize pricing with machine learning and combine high performance video player solutions with self-service management and real-time performing interface.

In addition, the asset deals (including TakeRate) will supplement the Azerion platform with fully managed solutions for publishers, simplifying the process of advertising sales and maximizing ad revenue. The acquired assets are already highly effective in solving publisher challenges, offering features such as fixed revenue guarantees based on page view performance. With these integrations Azerion will reinforce its full monetization offering in Europe and significantly improve its level of support for local customers.

The aggregated paid consideration includes up to approximately 50% cash payment (combination of upfront and deferred payments). The remaining balance is settled through an Azerion ordinary shares consideration, resulting in 785,540 treasury shares being transferred to the selling shareholders. The acquisitions were completed at the end of Q3 2022.

About Azerion
Azerion is a high-growth digital entertainment and media platform. As a content-driven, technology and data company, Azerion serves consumers, digital publishers, advertisers, and game creators globally. Azerion’s integrated platform provides technology solutions to automate the purchase and sale of digital advertising for media buyers and sellers, supported by in-market sales and campaign management teams. Through our technology, content creators, digital publishers and advertisers work with Azerion to reach the millions of people across the globe that play Azerion’s games and view its distributed entertainment content to increase engagement, loyalty, and drive e-commerce.

Founded in 2014 by two Dutch entrepreneurs, Azerion has experienced rapid expansion driven by organic growth and strategic acquisitions. Azerion is headquartered in Amsterdam, the Netherlands and is a publicly traded company listed on Euronext Amsterdam.

For more information visit: www.azerion.com.

Contact
Investor Relations ir@azerion.com

Media press@azerion.com