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OMNIQ achieves record of over $24 million new orders since January 1st 2021Customer has hundreds of stores across 49 statesOMNIQ to provide mobile computerized solutions for retail store automation applications Supply Chain control, and growing e-commerce businessContract includes the supply of Powerful Mobile Computers, Professional Services and Technical Support SALT LAKE CITY, March 05, 2021 (GLOBE NEWSWIRE) -- OMNIQ Corp (OTCQB: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, announced today that it has received an approximately $6.8 million purchase agreement from one of the largest specialty retailers in the U.S, which generates over $2 billion in annual revenue. The agreement calls for the supply of mobile computerized IoT equipment designed to support retail automation and inventory control applications, as well as DC supply chain solutions and a growing e-commerce business. OMINQ’s customer is a pioneer in implementing the newest technologies in retail and supply chain operations managing hundreds of stores across 49 states. From its Salt Lake City facility, OMNIQ will commission and distribute advanced mobile computerized solutions including tested hardware and software, technical support, and warranty services, enabling the customer to enjoy the most technically advanced equipment combined with OMNIQ’s high quality managed services and support. Shai Lustgarten, President & CEO at Quest, commented, “I am more than excited to announce this $6.8 million new purchase contract achieving a record of $24 Million of new orders generated in two months since the beginning of fiscal year 2021. Just after announcing the $6.1 Million Purchase agreement with a leading food distributor , the $3.5 Million expanded project with a metal solutions provider and two AI based Machine - Vision projects for strategic homeland security and traffic management, the momentum continues marking a strong beginning of FY 2021 and demonstrates the strength of our business model based on the quality of our solutions with the solid loyal customer base that includes fortune 500 customers, Governments, Education Organizations, municipalities and others. It also highlights how Covid-19 has accelerated the need to maximize efficiency, automation and touchless Supply Chain activities. We are proud to have been selected yet again to further optimize this customer’s operational efficiencies and believe this order proves the value of our comprehensive Hardware, Software and Technical support solutions. Our portfolio of mobility products, ranging from voice-picking headsets to barcode scanners, enables smarter decision-making through effective data collection and analysis. We look forward to continuing our relationship with customers of this pedigree, as we strengthen our offering with advanced AI-based technologies and machine-vision solutions.” About OMNIQ Corp.OMNIQ Corp. (OTCQB: OMQS) provides computerized and machine vision image processing solutions that use patented and proprietary AI technology to deliver data collection, real-time surveillance and monitoring for supply chain management, homeland security, public safety, traffic & parking management and access control applications. The technology and services provided by the Company help clients move people, assets and data safely and securely through airports, warehouses, schools, national borders, and many other applications and environments. OMNIQ’s customers include government agencies and leading Fortune 500 companies from several sectors, including manufacturing, retail, distribution, food and beverage, transportation and logistics, healthcare, and oil, gas, and chemicals. Since 2014, annual revenues have grown to more than $50 million from clients in the USA and abroad. The Company currently addresses several billion-dollar markets, including the Global Safe City market, forecast to grow to $29 billion by 2022, and the Ticketless Safe Parking market, forecast to grow to $5.2 billion by 2023. For more information, visit www.omniq.com. Information about Forward-Looking Statements “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995. Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. This release contains “forward-looking statements” that include information relating to future events and future financial and operating performance. The words “anticipate”, “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management’s good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for the Company’s products particularly during the current health crisis , the introduction of new products, the Company’s ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company’s liquidity and financial strength to support its growth, the Company’s ability to manage credit and debt structures from vendors, debt holders and secured lenders, the Company’s ability to successfully integrate its acquisitions, and other information that may be detailed from time-to-time in OMNIQ Corp.’s filings with the United States Securities and Exchange Commission. Examples of such forward looking statements in this release include, among others, statements regarding revenue growth, driving sales, operational and financial initiatives, cost reduction and profitability, and simplification of operations. For a more detailed description of the risk factors and uncertainties affecting OMNIQ Corp., please refer to the Company’s recent Securities and Exchange Commission filings, which are available at http://www.sec.gov. OMNIQ Corp. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by law. Investor Contact: James Carbonara Hayden IR (646)-755-7412 james@haydenir.com Brett Maas Hayden IR (646) 536-7331 brett@haydenir.com
F-Secure Corporation, Stock Exchange Release, 5 March 2021, at 16.00 EET F-Secure Corporation – Manager’s Transactions – Juha Kivikoski F-Secure Oyj - Managers' Transactions____________________________________________ Person subject to the notification requirementName: Kivikoski, JuhaPosition: Other senior managerIssuer: F-Secure OyjLEI: 743700ATXLT0MFCHXT16 Notification type: INITIAL NOTIFICATIONReference number: 743700ATXLT0MFCHXT16_20210226150208_2____________________________________________ Transaction date: 2021-03-03Venue not applicableInstrument type: SHAREISIN: FI0009801310Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE OR REMUNERATION Transaction details(1): Volume: 4,050 Unit price: EUR Aggregated transactions(1): Volume: 4,050 Volume weighted average price: EUR Contact information: Henri Kiili, Investor Relations and Corporate Finance Director, F-Secure Corporation +358 40 840 5450 investor-relations@f-secure.com
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SEATTLE, March 05, 2021 (GLOBE NEWSWIRE) -- Wikileaf Technologies Inc. (CSE: WIKI) (“Wikileaf” or the “Company”) is pleased to announce that, further to its previously announced private placement, the Company has agreed to sell 19,000,000 units (“Units”) for gross proceeds of $950,000 (the “Private Placement”). Each Unit consists of one common share at a price of $0.05 per share and one share purchase warrant exercisable at $0.075 per share for a period of two years from the date of closing. In addition to the Private Placement, the noteholders from the previously announced $300,000 promissory note debt financing have agreed to convert their promissory notes into common shares on the same terms as the Private Placement. The net proceeds from the issuance of the Units shall primarily be used for general working capital purposes. One insider of the Company participated in the Private Placement in the amount of 1,000,000 Units and approximately an additional 1,000,000 Units upon conversion of the promissory notes. Participation by insiders constitutes a related party transaction as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (”MI 61-101”). The issuance of Securities to the related party is exempt from the formal valuation requirements of Section 5.4 of MI 61-101 pursuant to Subsection 5.5(b) of MI 61-101 and exempt from the minority shareholder approval requirements of Section 5.6 of MI 61-101 pursuant to Subsection 5.7(b) of MI 61-101. In connection with the Private Placement, the Company paid an aggregate cash finder’s fee of $20,000. All securities issued in connection with the Private Placement will be subject to a four-month hold period from the closing date under applicable Canadian securities laws. “We appreciate the support from new as well as existing shareholders participating in this financing and look forward to pursuing commercialization and business development efforts of the Wikileaf platform. Digital advertising and E-Commerce functionality have been focal points over the past year and we believe this trend will continue, particularly within high growth sectors such as cannabis,” stated Connor Cruise, Wikileaf Chair and Interim CEO. In addition, the Company would like to announce the resignation of Manoj Hippola from its board of Directors and thank Mr. Hippola for his services. About Wikileaf Technologies Inc.: Wikileaf (www.wikileaf.com) is an online platform for cannabis enthusiasts and consumers to discover and interact with local dispensaries and cannabis brands. For more information please contact: Website: https://www.wikileaf.com/ Investor Inquiries:invest@wikileaf.com206.802.1363 Forward Looking Statements: This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words “expect”, “anticipate”, “continue”, “estimate”, “objective”, “ongoing”, “may”, “will”, “project”, “should”, “believe”, “plans”, “intends” and similar expressions are intended to identify forward-looking information or statements. In particular, this news release contains forward-looking information relating to the Private Placement and the use of the proceeds therefrom. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company, including expectations and assumptions concerning the completion of the Private Placement and the use of net proceeds of the Private Placement. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Such factors may include the failure to successfully market the common shares and failure to satisfy certain conditions in connection with the issuance of the common shares. Other factors which could materially affect such forward-looking information are described in the risk factors in the Company’s most recent annual management’s discussion and analysis that is available on the Company’s profile on SEDAR at www.sedar.com. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking statements included in this news release are expressly qualified by this cautionary statement. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws
S!NG, a developer of tools that allow creators to control distribution and monetize their work, today launched the world’s first free mobile application designed to instantly mint NFTs to sell or license online. NFTs, or non-fungible tokens, allow artists to create verifiably-unique originals of their work, while protecting intellectual property. Creators will have the ability to monetize directly with fans in a way that’s never been possible before now.
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