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ToolsGroup Strengthens Leadership Team with Eric Austvold as Chief Revenue Officer (CRO)

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, is excited to announce a key leadership change aimed at driving growth across all regions and product lines. Eric Austvold has joined ToolsGroup as Chief Revenue Officer (CRO), bringing extensive experience from leadership roles in software companies. Known for promoting teamwork and driving revenue growth, Eric recently led a $100M Process Manufacturing unit at INFOR, a top global SaaS ERP provider. He also held leadership positions in early-stage SaaS start-ups and was a trusted advisor at AMR Research, now part of Gartner. He holds a BS in Applied Mathematics from The University of Wisconsin-STOUT. Speaking of his new role, Austvold commented, “I am excited to embark on this journey with ToolsGroup as we drive the future of supply chain planning and optimization. I firmly believe in the innovative solutions ToolsGroup offers and am committed to nurturing strong customer relationships to fuel our ongoing growth.” "We are thrilled to welcome Eric to the ToolsGroup team as Chief Revenue Officer," said ToolsGroup CEO Inna Kuznetsova. "His proven track record in driving revenue and fostering collaborative teamwork will be invaluable as we continue to enhance our global market presence. Eric’s leadership will help us achieve significant top-line growth and further our commitment to delivering exceptional value to our customers." Come meet Eric and other members of the ToolsGoup leadership team in person at the upcoming Gartner® Supply Chain Symposium/XPO™, June 10-12, in Barcelona. ToolsGroup will be exhibiting in kiosk #400, while ToolsGroup’s customer Franke will be presenting their success story and vision of a digital supply chain on Tuesday afternoon. Those interested in pre-scheduling a meeting with them are invited to book it here. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels and inventory – delighting customers and achieving financial and sustainability KPIs.. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

June 06, 2024 09:00 AM Eastern Daylight Time

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Black Radiance Launches Beautyverse App as First Step into Beauty Tech Space

Black Radiance

Black Radiance, one of the first inclusive beauty brands, is excited to launch its first augmented reality app, Beyond Radiant. Available now in all app stores, Beyond Radiant empowers women of color with the confidence to be their best selves by seeing the unlimited possibilities in the avatars. Beyond Radiant stands at the intersection of augmented reality technology, beauty, and empowerment. Unlike traditional beauty apps that focus solely on makeup application, Beyond Radiant offers an immersive experience surrounding four diverse avatars, each with unique personalities and professions, to inspire women of color and foster a community of confident, empowered women who see themselves in the achievements and aspirations of the app’s avatar. “Black Radiance has always stood on the cutting-edge of the intersection between beauty and race,” said Sherry West, Brand Marketing Manager at Black Radiance. “We know the way of the future is to embrace technology in new and unique ways, especially with the increasing presence of AI in the beauty industry. We’re excited to step into the future in an inclusive way that holds true to Black Radiance’s long-standing mission of empowering women of color.” Beyond Radiant Augmented Reality avatars are inspired by history-making women who have blazed new paths for Black women, like NASA Astronaut Jessica Watkins, and record-breaking ice skater Starr Andrews. Jessica Watkins is the first Black woman to complete an International Space Station long-term mission, while Starr Andrews is the first African American woman to win a Grand Prix medal in the singles discipline. The dedication, creativity, imagination, and fortitude of these women can be seen in the four avatars: The Boss Babe, The Champ, The Content Creator, and The Innovator. “In a world where beauty standards often feel limiting, Black Radiance dares to redefine what beauty can mean for women of color,” said K. Parris MacDonald, Vice President of Marketing at Black Radiance. “The Beyond Radiant App feels like a natural progression to further offering space to women of color to be their authentic selves and see themselves reflected in the narratives of achievement and success.” The Beyond Radiant app is available to download in all app stores now and at www.blackradiancebeauty.com. For more information and updates, visit www.blackradiancebeauty.com/beyondradiant and follow @blackradiancebeauty on social media. Hi-res images and interviews are available upon request. About Black Radiance: For over 30 years, Black Radiance® has recognized, represented, and celebrated the diversity of darker complexions by offering affordable, high-quality cosmetics with uncompromising color, trusted coverage, and formula innovation. Black Radiance empowers and inspires women of color through cosmetics, beauty, and lifestyles. Our mission – to enable Black women worldwide to be even more beautiful. We promise to create both products and experiences that encourage women of color worldwide to embrace, enhance, define, and love their shade of beauty. Contact Details Cami Carlson camryn@six-one.com

June 06, 2024 08:03 AM Eastern Daylight Time

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White Bridge Capital Expands to Texas, Opening Cross-Border Investment Opportunities in Real Estate Development

White Bridge Capital, LLC

Firm Looks to Serve Cross-Border Real Estate Needs of Family Offices, High-Net-Worth Individuals and Entities Seeking to Invest in Multi-Family, Build-to-Suit, Industrial, and Commercial Development Projects White Bridge Capital, a cross-border real estate investment firm, is extending its reach to Texas to cater to global family offices, high-net-worth individuals, and overseas entities seeking to benefit from the state’s robust economic expansion and the resulting impact on its flourishing real estate market. The portfolio encompasses multi-family residences, build-to-suit properties, industrial facilities, and commercial developments across the state. In Texas, White Bridge Capital will be spearheaded by newly appointed Partner Nat Parsons, a third-generation developer by training and leading real estate and construction veteran with nearly two decades of experience, including the banking sector. Co-founded by Tommy Campbell and Regina Garcia Handal, with headquarters in Miami, Florida and operations in Mexico City, White Bridge Capital sources real estate deals, structures investments, secures financing for underlying assets, and manages client investments throughout the real estate development cycle. “The expansion to Texas marks a significant step in the firm’s growth and its intent to have a strategic physical presence to look after our clients’ overall interests,” said Tommy Campbell, Co-Founder and Managing Partner, White Bridge Capital. “Investors are focused on long-term appreciation and greater control, and White Bridge Capital, with our ‘boots on the ground’ approach, stands ready to source real estate investments in Texas that offer clients active management.” Cross-border family office real-estate investments across the Americas are on the rise, propelled by macroeconomic and geopolitical drivers. White Bridge Capital is bridging this investment opportunity with its unique customized investment platform underpinned by high-touch, local intelligence, and a robust network of experts across the Americas. “Nat is an outstanding business leader. His extensive experience and strategic vision in managing complex real estate deals, leading construction projects and teams, will be invaluable to our firm and clients,” said Regina Garcia Handal, Co-Founder and Managing Partner, White Bridge Capital. “In partnership with Nat, we look forward to our Texas office thriving into the future.” A graduate of Texas A&M University, Nat holds a master’s in business administration and a bachelor’s in construction science, focusing on business, project planning, and construction management of high-quality facilities. A proud and devoted father, Parsons is a U.S. rugby player, the son of architects and grandson of Nathaniel E. Parsons, president of N. E. Parsons Sheet Metal and Roofing Company 1924. “White Bridge Capital’s leadership, client base, and market reach are unparalleled,” said Parsons. Together with Tommy, Regina, and Texas’ pro-business and investor-friendly policies, I look forward to serving new and existing clients. The opportunities to grow in Texas are endless.” Texas is an appealing destination for investors, particularly those from Latin America, given its overall business-friendly environment, infrastructure development, technological advancements, and strong economic growth – accelerated by trade with Mexico – attracting diverse industries to the state, resulting in population growth and an attractive real estate market. # # # About White Bridge Capital: Headquartered in Miami, Florida, with operations in Mexico City, White Bridge Capital sources compelling real estate deals, structures investments, secures financing for underlying assets, and manages client investments throughout the real estate development life cycle. To learn more, visit White Bridge Capital. Contact Details Pia De Lima +1 305-794-1231 pia.delima@novusink.com Dan Diaz +1 347-673-3555 daniel.diaz@NovusInk.com Company Website https://www.whitebridge.capital/

June 04, 2024 09:30 AM Eastern Daylight Time

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Shareholder Proposal Seeks Reevaluation of Exec. Incentives for EVs at GM

NLPC

On June 4, National Legal and Policy Center will present a shareholder proposal at the General Motors Company advocating for GM’s board of directors to reevaluate the electric vehicle expansion targets included in its executive compensation packages. The proposal, identified as Item No. 5 on the 2024 proxy ballot, argues that GM’s focus on electric vehicles is misaligned with both the market demand for EVs and the economic realities the company faces. Last month NLPC filed a proxy memo with the Securities and Exchange Commission that explains its rationale for the proposal. GM, like many in energy-intensive sectors, has increasingly aligned its corporate strategies with a poorly substantiated, government-subsidized, and corporate media-amplified “scientific consensus” that carbon emissions will result in catastrophic effects to the planet, and to humans. These scenarios are increasingly unlikely, yet the corporate media continues to portray them as the default. Supposedly, this climate crisis can only be averted if governments and consumers adopt environmentally friendly technology, such as electric vehicles, en masse. However, electric vehicles aren’t good for the environment. Even with government subsidies, they’re expensive and unprofitable. Further, consumers don’t want to make the switch. Luke Perlot, Associate Director of NLPC's Corporate Integrity Project, stated, “Our proposal encourages a reassessment of GM’s current executive compensation incentives, which overly prioritize electric vehicle production without adequate consideration of the associated economic, environmental, and ethical risks. Instead, the company should remove these incentives and give its executive team the opportunity to pursue growth strategies without political bias.” Key Details of the Proposal: Misalignment with Market Realities: Despite substantial investments and executive incentives, the anticipated demand for EVs has not materialized at the projected scale. An open letter to President Biden signed by over 5,000 auto dealerships warned of lack of demand for EVs. Economic Viability and Subsidy Dependence: GM's profitability in the EV sector is heavily reliant on government subsidies, which are subject to political changes and could be repealed as early as 2025. Without these subsidies, the division’s path to achieving positive pre-tax earnings, currently projected for no sooner than 2025, appears increasingly precarious. Environmental and Ethical Challenges: The extraction and processing of rare-earth elements, crucial for these batteries, are predominantly concentrated in regions with poor environmental and labor standards. This not only leads to severe ecological damage, but also involves significant human rights abuses, including forced labor. Further, these elements are primarily processed in China, a geopolitical adversary of the United States. “Consumers still want internal combustion engine vehicles,” Perlot added, “and GM’s competitors are making substantial investments to meet their demand. The company cannot afford to be left behind because of misguided incentives.” Founded in 1991, the National Legal and Policy Center promotes ethics in public life through research, investigation, education and legal action. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

June 03, 2024 11:45 AM Eastern Daylight Time

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Halving of BTFS Storage Rewards

BitTorrent

Singapore, May 28, 2024 – To sustain the growth and success of the BitTorrent ecosystem, BTFS is set to implement a halving on the next round of rewards for storage miners on the BTFS network. From 00:00 (UTC) June 25, 2024, the daily rewards for storage miners on the BTFS network will be halved from 15 billion BTT to 7.5 billion BTT. The BitTorrent File System (BTFS) is a decentralized file storage system that utilizes blockchain technology and peer-to-peer transmission. It allows users to store their files across multiple nodes in a distributed manner, enhancing file security and reliability. BTFS also offers rapid file transfer and access, giving users greater convenience in managing and sharing files. By integrating key features of the BitTorrent Chain (BTTC), such as cross-chain connectivity and multichannel payment options, BTFS significantly enhances user experience. Currently, the BTFS network is experiencing rapid growth with over 8 million nodes across the network, including more than 6 million super miners, according to BTFS SCAN. To support the efficient operations of these nodes, BTFS initiated a rewards program and has provided an aggregate of 25 trillion BTT since the launch of BTFS Mainnet in 2019. Every two years, the BTFS rewards halving will occur causing the rewards for all storage miners across the network to be cut in half. (Halving roadmap) Moreover, halving will also prompt miners to improve node performance by optimizing node operation and reducing waste. In addition, an upgrade of the official website for the BTFS technical community and the release of BTFS v3.0 Mainnet will be scheduled in sync with the halving. These developments are expected to improve the efficiency of the BTFS protocol, expand the user base, and enhance its overall functionality. Looking ahead, BTFS is committed to continuously refining its storage rewards strategies. The goal is to expand the network of nodes participating in file storage on BTFS, providing developers with an efficient, secure, and reliable storage solution boosting both the capacity and the transaction efficiency of the BTTC network. About BTFS The BitTorrent File System (BTFS) is both a protocol and a web application that provides a content-addressable peer-to-peer mechanism for storing and sharing digital content in a decentralized file system, as well as a base platform for decentralized applications (Dapp). The BTFS team has been working on the latest network operations and BTT market sentiment, etc., to make a series of dynamic adjustments such as upload prices and airdrop reward schemes. About BitTorrent Founded with a leading peer-to-peer sharing technology standard in 2004, BitTorrent, Inc. is a consumer software company based in San Francisco. Its protocol is the largest decentralized P2P network in the world, driving 22% of upstream and 3% of downstream traffic globally. Its flagship desktop and mobile products, BitTorrent and µTorrent, enable users to send large files over the internet, connecting legitimate third-party content providers with users. With over 100 million active users, BitTorrent products have been installed on over 1 billion devices in over 138 countries worldwide. Since November 2018, TRON (TRX), Binance (BNB), and Bitcoin (BTC) holders have the opportunity to purchase one-year subscriptions of BitTorrent or µTorrent products, including Ads Free and Pro for Windows. Pro includes anti-virus and anti-malware screening, file converting and playability in HD. Users can visit bittorrent.com or utorrent.com to learn more. Website | Telegram | Medium | X | Media Contact John Chen press@bittorrent.com Contact Details John Chen press@bittorrent.com

May 28, 2024 07:53 PM Eastern Daylight Time

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DB Schenker Americas Earns IATA Lithium Battery Transport Certification

DB Schenker

DB Schenker, a global leader in logistics and supply chain solutions, is proud to announce the successful acquisition of the Center of Excellence for Independent Validators (CEIV) Lithium Batteries Certification for its United States airfreight operations from the International Air Transport Association (IATA). This significant achievement underscores DB Schenker's commitment to setting the standard for safely and efficiently handling lithium battery shipments, a critical component in today’s technology-driven market. John McDonald, EVP of Americas for Airfreight, DB Schenker, said, “The CEIV Lithium Batteries program, crafted by IATA, is an industry-recognized certification that represents a company's ability to meet the stringent guidelines and standards for the logistics of lithium batteries. The certification confirms DB Schenker's proficiency in the safe transport of these items, which are essential for powering a vast array of devices and systems essential to modern life and commerce.” DB Schenker embarked on a rigorous certification journey marked by a series of in-depth training sessions, self-assessments, and meticulous documentation reviews. Barbara England, Sr. Director of Operations for Airfreight, DB Schenker, said, “The process began with comprehensive training, where Air Export Operations personnel and Air Product Management teams completed the IATA Lithium Battery Logistics Safety Management Certification Program. Following this, DB Schenker conducted a thorough self-assessment to ensure alignment with IATA’s exacting standards.” Brendan Sullivan, IATA’s Global Head of Cargo, said, "Congratulations to DB Schenker for achieving CEIV Lithium Batteries Certification for their operations in the United States. This accomplishment underscores the company's unwavering commitment to excellence in logistics within the rapidly growing sector. DB Schenker’s dedication to the safe handling of shipments is something their customers will undoubtedly value. Furthermore, the industry stands to benefit from the quality benchmark that they are helping to establish.” The assessment phase took place at DB Schenker's facility in Franklin Park, IL, where an IATA assessor meticulously evaluated the company's operations, processes, and adherence to the CEIV Lithium Batteries audit checklist. This checklist, featuring over 200-line items, required DB Schenker to demonstrate the highest level of precision and commitment to safety standards. Upon completion of the assessment, the findings underwent a rigorous validation process by IATA, culminating in the certification being awarded on January 29, 2024, with the notable distinction of zero non-conformities – a testament to DB Schenker's diligent preparation and dedication to excellence. The implications of receiving the CEIV Lithium Batteries certification are far-reaching for DB Schenker. This certification is not only a validation of DB Schenker’s unwavering dedication to safety and quality but also positions the company to meet the surging demand for the transportation of lithium battery products. Clients and partners can now have even greater confidence in DB Schenker’s capabilities to handle their shipments with the utmost care and expertise. Looking to the future, DB Schenker views this certification as a cornerstone of its ongoing strategy to expand its specialty in transporting dangerous goods. The company is already planning to extend the CEIV Lithium certification to additional global sites and is confident in pursuing further certifications for other dangerous goods, irrespective of the mode of transport. This certification aligns with DB Schenker's strategic vision to lead the logistics industry in safety, efficiency, and reliability. With the growing reliance on lithium batteries across multiple sectors, DB Schenker is well-prepared to support its customers with the highest level of service. The CEIV Lithium Batteries certification is valid for two years, during which DB Schenker will engage in continuous improvement and compliance to maintain this status. Refresher training for key personnel will be conducted, and new assessments will ensure ongoing adherence to the rigorous standards set forth by IATA. ### About DB Schenker Americas DB Schenker is one of the largest Integrated Logistics Service Providers in the Americas, with more than 10,000 employees in 123 locations providing over 27 million sq. ft. of distribution operations to its clients. DB Schenker's Americas presence includes Argentina, Brazil, Canada, Chile, Guatemala, Mexico, Panama, Peru, United States, and Venezuela. DB Schenker offers land transport and air and ocean freight, as well as comprehensive logistics solutions and global supply chain management services from a single source. With integrated partners across the Americas, DB Schenker provides the best combination of intimate local practices, knowledge, and global capabilities. About DB Schenker With around 72,700 employees at more than 1,850 locations in over 130 countries, DB Schenker is one of the world's leading logistics service providers. The company operates land, air, and ocean transportation services, and it also offers comprehensive logistics and global supply chain management solutions from a single source. Aiming for a sustainable future of the logistics industry, DB Schenker continuously invests in innovative transport solutions, renewable energies, and low-emission products for its customers. Contact Details Nicholas Leighton +1 949-478-5880 nick.leighton@nettresultsLLC.com Company Website https://www.dbschenker.com

May 23, 2024 09:00 AM Eastern Daylight Time

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ToolsGroup Exhibiting and Franke Speaking at Gartner® Supply Chain Symposium/XPO™, June 10-12, in Barcelona

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, is thrilled to announce its participation at the upcoming Gartner Supply Chain Symposium/Xpo 2024 in Barcelona, Spain, June 10-12. The event will feature a presentation by one of ToolsGroup’s valued customers, Franke, an industry leader in home solutions, food service systems and coffee equipment, scheduled for June 11. During this session, Franke will provide insights from their digital supply chain transformation journey, showcasing how they optimized the performance of their complex manufacturing and distribution ecosystem using ToolsGroup's AI-powered S&OP solution, driven by its flagship tool, Service Optimizer 99+ (SO99+). Franke wanted to enhance demand planning efficiency through a synchronized and integrated process, reduce manual workload to focus on value-added activities, and improve collaboration. From advanced forecasting and robust S&OP processes, Franke implemented ToolsGroup's AI-powered solution to support end-to-end planning, increase efficiency and enhance visibility. "ToolsGroup's advanced tools are instrumental in supporting our S&OP process, providing integrated synchronization and full cross-functional transparency. This enables us to improve demand and supply planning, enhance collaboration, and achieve end-to-end data visibility, empowering us to run multi-scenario planning with confidence," said Alberto Nisoli, Global Head of Supply Chain Platform at Franke. "Franke exemplifies all the keys to success for a digital supply chain transformation project,” remarked ToolsGroup CMO and EVP of Growth, Kevin Young. “They set clear objectives for the initiative and began their journey by implementing SO99+ to optimize supply chain performance and deliver immediate value. The value was extended by digitalizing their S&OP processes to achieve cross functional transparency and synchronization of demand and supply across the organization. We are proud to partner with Franke and to play a part in the tremendous results they are planning to achieve.” ToolsGroup was recently recognized in the Gartner® Magic Quadrant™ for Supply Chain Planning Solutions. We believe this recognition underscores our commitment to delivering cutting-edge solutions that empower businesses to optimize their supply chains effectively. A complimentary copy of the Gartner report is available here. Interested in learning more about ToolsGroup’s solutions? Schedule a meeting here and stop by kiosk #400. About Gartner Supply Chain Symposium/Xpo™ Gartner Supply Chain Symposium/Xpo conference delivers must-have insights, strategies and frameworks for chief supply chain officers (CSCOs) and supply chain leaders to think big and drive real impact within their organizations. Dive into supply chain strategy and tech at the Gartner Supply Chain Symposium/Xpo™ 2024 conference in Barcelona, Spain. For more information visit: https://www.gartner.com/en/conferences/emea/supply-chain-spain Gartner Disclaimer: GARTNER is a registered trademark and service mark of Gartner and Magic Quadrant, Gartner Supply Chain Symposium/Xpo and Peer Insights are a registered trademark, of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About Franke Franke Group is a leading global supplier of products and services for residential kitchens, the foodservice and convenience store segments, as well as the professional coffee making industry. With more than 60 companies, it is represented on five continents. Its over 8,000 employees are constantly striving to develop innovative, adaptable solutions to meet business partners’ and consumers’ current and future needs. The products and services of the three divisions enable partners to keep pace with developments in a rapidly changing world. Franke combines cutting-edge technology, functional aesthetics and integrated services to deliver efficient, smart and sustainable solutions. It creates kitchen worlds and coffee making systems that fit flexibly into the living spaces of today and tomorrow. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels and inventory – delighting customers and achieving financial and sustainability KPIs.. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

May 21, 2024 10:45 AM Eastern Daylight Time

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ToolsGroup Named Leader in Demand Forecasting and Supply Chain Management Software in 2024 Customer Success Report

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce its recognition as a “Market Leader” in the Spring 2024 Demand Forecasting Software Customer Success Report, published by FeaturedCustomers. This acknowledgment underscores ToolsGroup's commitment to delivering exceptional solutions and customer satisfaction in supply chain solutions. Kevin Young, CMO and Chief Growth Officer at ToolsGroup expressed his gratitude for the recognition, stating, "We're thrilled to be recognized once again by FeaturedCustomers as a market leader in Demand Forecasting for 2024 and being further awarded Supply Chain Management Software Leader status. At ToolsGroup, we are dedicated to helping companies optimize their supply chain performance to meet or exceed their strategic objectives and business goals. It is very gratifying to be acknowledged based on the opinions of our customers." In this latest report, ToolsGroup was given the highest rated “Market Leader” award in recognition of having the top ratio of customer reference content, Demand Forecasting content score and social media presence and ratings. This recognition is in addition to the following FeaturedCustomers awards in 2024: · Customer Excellence Award | 2024 · Top Rated Software Award | 2024 · Customers Love Us Award | 2024 · Hot 100 Vendor Award | 2024 · Top 1000 B2B Software | 2024 FeaturedCustomers Customer Success report is based on over 1,600 pieces of verified customer reference content. A vendor’s overall customer success score is reached via a weighted average of their Content, Market Presence, and Company Scores. Of the vendors listed in the FeaturedCustomers’ Demand Forecasting Software category, only 16 met the minimum requirements needed to be considered for the customer success report. Additional Resources: The full report, along with ToolsGroup’s profile, is available for you to download here. See ToolsGroup’s listing on FeaturedCustomers here. Find out why customers are rating ToolsGroup so highly at the Gartner Supply Chain Symposium in Barcelona, Spain June 10-12. Experience the latest AI-based solutions at Kiosk #400. Book a meeting with our experts today! About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels and inventory – delighting customers and achieving financial and sustainability KPIs.. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

May 15, 2024 08:30 AM Eastern Daylight Time

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FOR IMMEDIATE RELEASE

Apple Rush Company, Inc.

Apple Rush Company, Inc. (Otcpink:APRU), a leading player in the functional beverage industry, proudly announces it has cleared up final details of brand ownership with Bob Corr and Corr Brands, Inc. Tony Torgerud, CEO of Apple Rush, has negotiated a historical closing on the rights and trademarks of Corr Brands, Inc. In the transaction, Bob Corr has agreed to transfer the rights of the Corr Brands, Inc. trademarks and to forgo any royalties from previous agreements to give Tony and Apple Rush the best opportunity to succeed moving forward. Tony Torgerud said, “I have been negotiating for a year with Bob and he finally felt it was time to work out an agreement that would benefit everyone. Over the next couple months, all the required paperwork will be filed for transference and updates on all intellectual property held by Corr Brands, Inc. Not having to pay royalties will add thousands to the bottom line.” This agreement solidifies the future of the “Rush” family of brands that have been in the market since 1972. Bob Corr stated, “I want to see Apple Rush succeed and I feel the timing is right to get this deal done. I retired a long time ago and it is now time to write the next chapters of this story and with Apple Rush having its own production capabilities and its own tunnel pasteurizer, it is an opportunity that shouldn’t be wasted. I have given up hundreds of thousands of dollars in royalties, licensing fees and shares to enhance shareholder value.” With our pilot production abilities, we hope to do some reformulations to introduce a 2024 version of Ginseng Rush and the relaunch of the original Apple Rush flavor line. Apple Rush has held a license for 13 states and International distribution for the last 8 years and now owns the IP without paying the $5,000 per state license, another bottom line gain for all of our stockholders. About The Apple Rush Company, Inc. The Apple Rush Company, Inc., through its subsidiary APRU, LLC, is a distributor of CPG products under the trademarked Apple Rush brand, Element brand and other labels. The Apple Rush brand has more than 50 years of existence in the natural beverage industry. As a historical leader in the organic and natural beverage sector our goal is to now become a leader in the distribution of anhydrous hemp oil products nationwide. For more information, please go to www.aprubrands.com, www.element-brands.com, elementk.kratomwave.store www.alkhemicalroots.com with our expanded product portfolio. Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter forward-looking statements, whether as a result of new information, future events or otherwise. Contact Details Apple Rush Company, Inc. Tony Torgerud +1 888-741-3777 dtorgerud@aprullc.com Company Website http://www.aprubrands.com

May 14, 2024 10:00 AM Eastern Daylight Time

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