Newsroom

• Duration: 12 weeks (mid-September to mid-December 2024)
• Direct funding: The Cherokee Nation is providing a $10,000 non-dilutive seed grant to each founder fellow
• Format: Hybrid (live online sessions with an in-person showcase on December 14)
• Participants: 10 selected founder fellows
• Curriculum: Customized, founder-focused, and business-focused
• Support: Assigned accountability partner plus mentor matching
• Networking: Opportunities to connect with a diverse community of founders, funders, and industry experts

Media Contact

Lynn Fernando
lynn@ayana.org

Media Contact

Mike Wojcik
marketing@spartanphotocenter.com

Media Contact

David Ehrlich
administrator@ctahe.org

Novidea, creator of the cloud-based, data-driven enterprise insurance management platform for brokers, agents, MGAs/MGUs, carriers, and wholesalers, today announced the strategic acquisition of Docomotion, an automated document generation technology provider. The acquisition of Docomotion is the latest in a series of strategic moves by Novidea in its journey to become an insurtech industry leader. The transaction is set to close within the week.

The acquisition will accelerate product innovation and create unparalleled value to customers, adding new capabilities to Novidea’s award-winning insurance management platform, including automated forms processing, design, management, and e-signatures. Docomotion’s customers will benefit from a broader product suite, increased focus on product development, enhanced customer experience, and global access to professional expertise.

"Docomotion is a leading innovator in automated document management, an essential technology for document-heavy industries. Its unique, cloud-based document generation technology presents major technological synergies between our two companies," said Roi Agababa, CEO of Novidea. "We are proud to welcome Docomotion’s talented team to the Novidea family and look forward to working together, leading successful digital transformation initiatives for our customers."

Digital transformation remains a significant challenge in the insurance space. Novidea’s platform enables customers to improve operational efficiencies, increase business resilience, stay competitive, and provide a better customer experience. Docomotion’s automated document management solution removes the administrative and manual burden of processing complex forms and documents.

"Novidea has experienced unprecedented growth over the last few years, driven by the global trend to modernize customer experience in insurance. We share a similar vision for the evolution of the document generation industry," said Oren Leshem, CEO and founder of Docomotion. "By combining our powers, Docomotion and Novidea can further expand our capabilities and drive even greater value for our customers. Docomotion will continue to serve all its customers in the various verticals. Customers will benefit from access to broader resources and availability of assets as we join forces with Novidea."

Novidea was represented by Yael Shimon-Many, partner at Pearl Cohen law firm. Docomotion was represented by Oded Levy, partner at Arnon, Tadmor-Levy.

The terms of the deal were not disclosed.

About Novidea

Novidea is the leading Insurtech provider of a cloud-native, data-driven insurance management system. With its open API architecture, Novidea enables brokers, agents, MGAs, and carriers to modernize and manage the customer journey end-to-end and drive growth across the entire insurance distribution lifecycle. Novidea's streamlined and automated platform fully integrates front, middle, and back offices. The Novidea platform boosts operational efficiency while providing a seamless digital experience for team members and customers alike. Insurance businesses benefit from a 360-degree view of customers and policies and can access data and actionable insights anytime, anywhere, and on any device. Novidea supports more than 100 customers across 22 countries. For more information, please go to: www.novidea.com.

About Docomotion

Docomotion is an advanced document generation application on Salesforce, offering intuitive and easy-to-use tools for designing and generating complex documents tailored to meet the needs of businesses operating in a document-intensive environment.

Media Contact

Michelle Barry

+1 603-809-2748

michelle.barry@chameleon.co

Media Contact

Michelle Barry
michelle.barry@chameleon.co

• Instant access: Customers can quickly purchase and start using Sinecure.ai’s AI-powered tools without the need for lengthy contract negotiations or commitments.
• Flexibility: Choose from a variety of plans and packages to suit different needs and budgets, ensuring that both large enterprises and small recruiting firms can benefit from the platform’s capabilities.
• Cutting-edge AI: Leverage the power of generative AI and large language models to enhance talent discovery, improve candidate matching, and streamline the recruitment process.
• User-friendly interface: An intuitive platform design that makes it easy for recruiters to navigate and utilize advanced AI features effectively.

Media Contact

John Zeman
john@sinecure.ai

Catalyst Marketing Agency has been selected as one of the prestigious winners of the 2024 Colorado Companies to Watch award. This statewide recognition celebrates Catalyst’s exceptional growth, innovation, and contribution to Colorado's economic landscape.

Colorado Companies to Watch is a distinguished statewide awards program dedicated to honoring companies that are instrumental in fueling the economic vitality of the state. These winners represent Colorado's most innovative, visionary, and impactful second-stage entrepreneurs, actively expanding their businesses and enriching their networks. Being named a Colorado Companies to Watch winner signifies Catalyst's position as one of Colorado's most dynamic and promising businesses.

"We are incredibly honored to be recognized as a 2024 Colorado Companies to Watch winner," said Catalyst’s CMGO, Robin Emiliani. "This award is a testament to our entire team's hard work, dedication, and innovation. We are proud to contribute to Colorado's vibrant business community and look forward to continuing our growth and impact in the years to come."

As a Colorado Companies to Watch Award winner, Catalyst Marketing Agency joins an elite group of innovative entrepreneurs who are actively growing their businesses and expanding their networks. Through its strategic approach, creative solutions, and unwavering commitment to client success, Catalyst has established itself as a trusted partner for businesses seeking to elevate their brand presence and drive tangible results. This recognition highlights Catalyst’s achievements and underscores its potential for continued success and leadership in Colorado and beyond.

Catalyst was officially honored at the 2024 Colorado Companies to Watch Awards Gala, where Robin and Gem (co-founders) had the opportunity to connect with other winners, industry leaders, and Colorado's business community supporters. The award reaffirms Catalyst’s position as a dynamic force in Colorado’s business landscape and sets the stage for even greater achievements in the future.

For more information about Catalyst and its award-winning services/products, please visit https://catalystmarketing.io/.

About Catalyst

Catalyst is an award-winning creative marketing agency that positions you to think differently and reach your audiences in unique ways. We exist to jolt your creativity—giving you the strategy and unexpected creative direction your business needs to capture your customers’ attention. Based in Denver, our team knows how to develop strong marketing strategies and bring unignorable creative concepts to life.

Media Contact

Robin Emiliani

+1 303-842-1189

robin@catalystmarketing.io

Media Contact

Robin Emiliani
robin@catalystmarketing.io

Flash, the leading end-to-end parking technology platform, today announced that Chris Donus, the current CFO, has been appointed president of the organization. In the newly established role, Donus will expand his focus on day-to-day operations, working closely with the leadership team to execute transformative strategies that include the expansion of Flash’s burgeoning digital demand network, EV charging and parking platform scale, and driving the company’s regionalized branch organization to deliver unmatched partner experiences. Dan Sharplin will continue in his role as Chairman and CEO, focusing on international growth, strategic transactions, and ecosystem partnerships.

“This promotion reflects Chris’s exceptional leadership and expertise at this time of  tremendous momentum for Flash as we rapidly scale our industry-leading parking and EV charging digital ecosystem,” said Flash CEO Dan Sharplin. “In the next 24 months, we anticipate more transformation in the parking industry than we’ve seen in several decades prior. Chris has the relevant experience to ensure we execute on our priorities that allow us to drive this industry transformation.” 

“We are building a parking and EV charging ecosystem where a seamless driver experience benefits everyone,” said Donus. “There is an incredible amount of innovation and hard work being done across Flash to build the platform and partnerships that further our position as the leader in parking and EV Charging technology. I look forward to ensuring the value we create is incomparable in my role as President of Flash.”

Before Flash, Donus served as COO and CFO at Wheel Health, a venture-backed telehealth platform developer designed to connect companies and clinicians to deliver virtual care. He also served in senior leadership roles at Lyft as VP and Business Unit leader of Express Drive, the customer-facing fleet line of business, generating over $400 million in rental revenue and over $2 billion in Lyft rides. Prior to that, he was president of Silvercar from 2015 to 2018 alongside roles as COO, from 2017 to 2018, and CFO from 2012 to 2015. He has also served in leadership roles at Freescale Semiconductor, Hertz Global Holding, and Lucent Technologies.

About Flash

Flash is a pioneering technology company bringing seamless parking and EV charging experiences to drivers through a first-of-its-kind digital ecosystem. Flash’s platform connects reservable parking and charging in the apps drivers use every day with garage, surface lot, event, and valet parking locations—connected and controlled via a cloud-based operating system with unrivaled intelligence. Customer-obsessed brands partner with Flash to deliver digital, easy-to-use, reliable, and increasingly frictionless experiences to drivers eager to pay for a solution that eliminates wasted time, excess emissions, and stress. The solution has arrived.

Media Contact

Ray Young

+1 512-694-6097

ray@razorsharppr.com

Media Contact

Ray Young
ray@razorsharppr.com

Rack Room Shoes recently held its annual Dr. Heinz-Horst Deichmann Scholarship Program in partnership with Scholarship America. This program is exclusively for Rack Room Shoes associates, selecting five students who receive a $2,000 renewable scholarship to support their educational goals.

The scholarship recipients for the 2024-2025 academic year are:

• Marwan Abdelgawad – Sr. Sales Associate – Store #618, Morrisville, N.C.
• Bessie Brown – Sales Associate – Store #376, Ashland, Ky.
• Diego Martinez – Assistant Store Manager 2nd – Store #3069, Murfreesboro, Tenn.
• Kayla Rickman – Assistant Store Manager Lead – Store #499, Concord, N.C.
• Tara Shivji – Sr. Sales Associate – Store #73, Knoxville, Tenn.

The exceptional individuals have demonstrated their dedication, commitment and leadership in both their academic studies and their communities. By investing in these young scholars' education, Rack Room Shoes aims to empower and support their valued associates’ personal and professional development.

"Investing in the next generation of talent is essential," said Mark Lardie, president and chief executive officer of Rack Room Shoes. "Congratulations to our scholarship winners and their commitment to furthering their education, we're excited to see what the future holds for these bright minds.”

Additionally, scholarship winners from the previous year were renewed for another year of scholarship support, bringing the total to 10 scholarship recipients awarded for the 2024-2025 school year.

Through initiatives like the Dr. Heinz-Horst Deichmann Scholarship Program, Rack Room Shoes remains committed to fostering a positive work environment and providing opportunities for the growth and success of its associates.

About Rack Room Shoes

Headquartered in Charlotte, N.C., Rack Room Shoes is known as an innovator in the shoe industry for over 100 years. Rack Room Shoes operates more than 520 locations nationwide under the Rack Room Shoes and Off Broadway Shoe Warehouse brands. Both brands offer a great variety of on-trend styles for women, men and children in athletic, comfort and dress categories, while providing a delightful and trusted shopping experience for our valued customers. Through Rack Room Shoes Gives, our ongoing philanthropic program, we provide ways in which customers and employees can seek support for charitable organizations, instilling trust and inspiration in the communities we serve.

Media Contact

Dejah Gilliam

+1 704-501-4567

dejah.gilliam@rackroom.com

Brenda Christmon

+1 704-491-1850

brenda.christmon@rackroom.com

Media Contact

Dejah Gilliam
dejah.gilliam@rackroom.com

• heywell has now launched Lemon Fizz with Amazon just in time for Prime Day, and the new flavor can also be found on the brand's website, livingheywell.com.
• The new flavor is also part of an exciting new variety pack offering on Amazon. heywell’s energy variety pack is made exclusively of heywell's best selling energy SKUs: energy + focus sparkling strawberry lemon, energy + lift sparkling cherry limeade along with the newly launched energy + hydrate lemon fizz. 
• The first batches of Lemon Fizz x Foxtrot labels had already been sent to production before the heywell team received the news about the closing, so heywell seeded those cans among the new Lemon Fizz 12-pack cases on Amazon for a fun Willy Wonka Golden Ticket-style giveaway. 
• Consumers are encouraged to post about their surprise cans with hashtag #makinglemonsoutoflemonade in social, and they'll receive a special gift and discount on their next purchase from the heywell team.

Media Contact

Gillian Muessig
sybilla@masters.vc

Media Contact

Sylvia Wright
syhwright@gmail.com

Media Contact

Laurie Oberweather
laurie@mainstreetsummit.com

For life sciences and biotech companies, access to affordable dedicated lab spaces is hard to come by. Labs are prohibitively expensive to build and operate, posing significant financial barriers to innovation and research.

A cutting-edge new alternative is being offered by Superlab Suisse, a leading provider of innovative laboratory and research spaces that today announces the grand opening of its newest facility in Basel. With this new facility, Superlab Suisse becomes the largest private lab space in Switzerland.

Opening in July 2024, following the success of the Lausanne location supported by Biopôle Lausanne and InnoVaud, the expansion marks a significant milestone in Superlab Suisse's mission to provide research infrastructure to Switzerland's dynamic life sciences sector.

Forging ahead with its successful partnership with Swiss Prime Site, Superlab Suisse is set to open the door for huge commercial opportunities in the ideally suited location of Basel, a booming biotechnology hub and home to over 700 companies including pharmaceutical giants like Novartis and Roche.

The new facility, nestled within the bustling Stücki Park with neighbours like Tech Park Basel, Lonza, Medartis, NBE, and Boehringer Ingelheim, offers ready-to-use laboratory spaces equipped with the latest technology and essential operational support services, allowing teams to channel their resources into scientific research rather than lab operations. Spanning over 4,770 square meters, it promises to be a nucleus of scientific collaboration and breakthrough, redefining laboratory services in Basel.

"We are thrilled to bring Superlab Suisse's innovative platform to Basel, the city of pharma," says Xi Zhang, CEO of Superlab Suisse. “Our holistic solution frees scientists from operations headaches, so they can save time and focus on science. We service, you discover.”

Life sciences and biotech companies have until now lacked the widely accepted lab solutions that have benefitted industries such as tech and finance. Universities have typically been the only viable option, with lab construction and operation requiring significant upfront investments—costs which redirect attention away from research and delay progress in getting products to market.

Superlab Suisse's serviced BSL1 and BSL2 labs provide a new industry standard of lab solution. Users in one location such as Basel also gain access to facilities in Lausanne and other locations. By delivering ready to move in lab solutions for life science companies of all sizes, including startups, scale-ups, and corporates, Superlab Suisse eliminates the hurdles of lab construction and operation. One of the first companies to secure their space at the opening is Skyhawk Therapeutics, which has recently announced a research collaboration with Ipsen focusing on RNA targeting in rare neurological diseases.

In addition to the Basel location, Superlab Suisse continues its commitment to innovation with plans for a third site in Zurich Schlieren. This new facility, scheduled to open in March 2025, will cater to the diverse needs of start-ups, spin-offs, and established companies in the life sciences sector, further solidifying Superlab Suisse's position as a leader in laboratory-as-a-service solutions.

This one-stop solution not only solves the true problems of life science companies but also attracts like-minded innovators to meet and collaborate. Superlab is expanding this year to more cities in Europe, the U.S., and Asia, embodying a borderless lab concept because life science benefits humanity as a whole.

Dr. Rajwinder Lehal, CEO of biotech business Cellestia commented: “Superlab is exactly the place which the scientific community needs, where we can concentrate on our work without being distracted by construction or operation. Superlab provided us with state-of-the-art infrastructure and equipment that we needed to hit the ground running from Day 1.”

Emmanuel Savioz, CEO and chairman, Tigen Pharma commented: “Superlab is a great place to work in a vibrant scientific community. Our team at Tigen can focus on growth, supported by state-of-the-art facilities, latest equipment and a competent and fun Superlab team to support on-site”.

About Superlab Suisse AG

Superlab Suisse AG offers innovative laboratory solutions through its "Lab as a Service" business concept. With state-of-the-art facilities, professional services, and financing support, Superlab Suisse empowers companies in the biotech, pharma, and medtech sectors to focus on research and innovation.

About Swiss Prime Site AG

Swiss Prime Site is the largest real estate company in Switzerland and one of the leading commercial property companies in Europe. The real estate portfolio spanning across densely populated areas is valued at approximately CHF 26 billion and includes owned properties—with about CHF 13 billion in commercial properties and development projects—as well as ones managed on behalf of third parties with about CHF 13 billion invested in residential and commercial buildings.

Media Contact

Bilal Mahmood

+44 7714 007257

b.mahmood@stockwoodstrategy.com

Media Contact

Bilal Mahmood
b.mahmood@stockwoodstrategy.com

Activate Games Inc. (“Activate”), the pioneering force behind the world’s first active gaming experience announced today their accelerating global expansion plans, with 40 net new openings planned by the end of 2025.

Activate, and their global development partners, have been working with international, national and regional landlords to secure attractive real estate locations for expansion. Activate plans both corporate and development partner openings across North America, including entering California, New York, Florida, Michigan, Ohio, Minnesota, and Colorado markets in the United States, as well as British Columbia, Quebec, and Saskatchewan in the Canadian market. These North American openings are in addition to the planned international expansions in the Middle East and UK markets with development partners Majid Al Futtaim and We Do Play, as recently announced. “Our vision for Activate has always been to take Activate well beyond the Canadian border, beginning with our US expansion with our development partner, Breakout Games in 2019. We are excited to now open our first corporate site in the US this summer, and over the next 18 months bring our adrenaline-pumping adventures to millions of fans in their communities, providing an unforgettable entertainment experience for players of all ages,” said Adam Schmidt, Founder and CEO of Activate.

Activate is also pleased to welcome Dan Haroun, CPA, CA as Global CFO, after 15 years of broad executive experience in finance, real estate, strategy and analytics across global consumer businesses, including Restaurant Brands International, Walmart Canada, and Freshii. “Dan has been working with us as an Executive Advisor over the past year, and we are excited to have him join us as our CFO. Dan’s background in both Corporate and Licensed / Franchised environments, along with his success in scaling large businesses and partnering with leadership teams focused on execution makes him a great fit for Activate” said Adam Schmidt, Founder and CEO of Activate. “I am excited to be a part of the team at Activate. Activate’s platform is exactly what customers are looking for today. This business model is well positioned to scale, and I see incredible opportunities for Activate’s growth. I look forward to partnering with Adam and the team to bring Activate to communities around the world, creating value for our shareholders and our development partners” said Dan Haroun, CFO of Activate.

As part of the planned expansion, Activate is also pleased to announce a completed debt financing from RBC and EDC providing $37M in financing to fuel Activate’s US corporate expansion. The all-debt financing will be used to fund the capital requirements for new corporate sites. “RBC and EDC understood our needs and structured these facilities to effectively enable our growth and expansion. We appreciate their partnership and are excited to be opening new locations this summer as a result,” said Dan Haroun.

“EDC is pleased to support Activate Games as they expand their international footprint and bring Canadian innovation to the United States", says Guillermo Freire, EDC's Senior Vice-President, Mid-Market Group. “Canadian medium-sized businesses like Activate Games are the engine of our national trade growth, and we stand ready to support them so they can thrive in global markets.”

For investor relations, please contact investor@playactivate.com.

For information about Activate’s global development opportunities, please contact franchising@playactivate.com.

For real estate inquiries please contact riley.court@playactivate.com.

About Activate

Activate is the world’s first active gaming experience where players #EnterTheGame. Activate offers a unique blend of physical activity and gaming that promotes a healthy lifestyle. Each Activate location provides fun and interactive rooms for players to compete, earn stars and track achievements. With the global headquarters located in Winnipeg, Canada, Activate has grown to 30 locations across Canada, the U.S. and now the world! To join the active gaming movement, visit playactivate.com.

Follow Activate on social media:

Facebook: Activate

Instagram: @activategames

TikTok: @activategames

Media Contact

Jalila Singerff

+1 613-614-6777

jalila@jiveprdigital.com

Media Contact

Jalila Singerff
jalila@jiveprdigital.com

Our Authors Study Club (OASC), an organization dedicated to making the world more aware of, connected to, and invested in the African American and African diaspora experience, announced today the launch of a new initiative. "OASC at the Bilbrew" will feature special events at the A.C. Bilbrew Library, with the inaugural event scheduled for Saturday, June 29, 2024. The event will showcase award-winning author Pamela Samuels Young and her upcoming mystery novels, "The Law of Karma" and "Sounds Like a Plan," set for release on July 9. Additionally, OASC will introduce new members, highlight the Black Resource Center, and the incredible Black art and mask collection and other resources available at the library. The event is free to the public and takes place from 1 to 5 p.m. PT.

Event Details

When: June 29, 2024 from 1 to 5 p.m. PT
Where: A.C. Bilbrew Library at 150 E El Segundo Blvd, Los Angeles, CA 90061
Who: Everyone is invited and admission is free

Event Schedule

1 p.m.: Reception, library tour, OASC marketplace, and book sales
2 p.m.: Welcome new members and membership meeting
3 p.m.: Author talk and discussion / Book signing
4 p.m.: Networking
5 p.m.: Program ends

About Author Pamela Samuels Young

Pamela Samuels Young is an attorney and author of more than a dozen legal thrillers. Her novel "Anybody’s Daughter" won the NAACP Image Award for Outstanding Fiction. A former television news writer, Pamela is a native of Compton, California, and a graduate of USC, Northwestern University and UC Berkeley School of Law. Her most recent legal thriller is "The Law of Karma." "Sounds Like a Plan," co-written with Dwayne Alexander Smith goes on sale July 9, 2024. You can visit her website at www.pamelasamuelsyoung.com.

This initiative, co-sponsored by the Los Angeles County's Second District, is crucial as it provides an amplified opportunity for discovery of the resources of the A.C. Bilbrew Library, the important repository of Black history information and memorabilia available to all for research held by the Black Resource Center and promotes African American voices that need to be heard and celebrated. By showcasing talented authors like Pamela Samuels Young, OASC is increasing the awareness and in-person interactions with Black American writers, while ensuring that their stories are not overlooked, and the genre continues as an important source of inspiration and exploration.

The release of this announcement is significant as it aligns with OASC's mission to promote Black history and culture. By hosting events like "OASC at the Bilbrew," the club is fulfilling its goal of igniting conversations while creating opportunities for everyone to engage with African American experiences.  This effort continues to promote the national theme for Black History Month 2024: African Americans and the Arts in a way that is both tangible and inspirational.

According to Lura Daniels Ball, President of Our Authors Study Club, "We are thrilled to launch the  'OASC at the Bilbrew' event series and provide a space for Black voices to be heard, to welcome our new members, support the Black Resource Center, and to revive the knowledge of who A.C. Bilbrew was. A.C. Bilbrew was extremely important to the early development of the Black community, serving as a poet, musician, suffragette, community leader, and role model. Among her many firsts, she was the host of LA's first African-American radio music program, 'The Gold Hour,' in the early 1940s and an announcer on 'The Bronze Hour,' which she produced with icon Gilbert Lindsay. This initiative is a testament to our commitment to honoring the contributions of Black Americans and ensuring that their stories are recognized while being relevant today."

Our Authors Study Club plans to expand the "OASC at the Bilbrew" event series to include more authors, teen programs, medial literacy and a youth debate program. The next "OASC at the Bilbrew" event is scheduled for Saturday, August 10, 2024, and features author Dr. Donna J. Nicol, Associate Dean for Personnel and Curriculum in the College of Liberal Arts at California State University Long Beach (CSULB) and author of the new title "Black Woman on Board: Claudia Hampton, the California State University, and the Fight to Save Affirmative Action," a look into the leadership strategies that Black women educators have employed as influential power brokers in predominantly white colleges and universities in the United States. OASC also aims to collaborate with other organizations to further promote Black history and culture.

To join our mailing list and get more information about Our Authors Study Club membership, programs, scholarships and the "OASC at the Bilbrew" event series, visit https://oascla.org or email vassie@oascla.org. Parking is free on a first-come basis.
About Our Authors Study Club

Located in Los Angeles, Our Authors Study Club is a community of dedicated individuals who are passionate about Black history: past, present, and future. Our mission is to promote awareness, connection, and investment in the African American and African diaspora experience by providing opportunities for everyone to engage with our history through culture, scholarship, technology, and research. We foster meaningful conversations around the African and African American experience that inspire new books, films, artistic expressions, music, podcasts, blogs, and social interactions across diverse communities.

OASC is committed to preserving our heritage and legacy, which has often been underrepresented in mainstream history, literature, and media. We strive to ensure that libraries, museums, schools, and media that participate in institutionalized bias do not ignore Black lives. We believe that Black history is not just a part of American history, but it is American history. We take pride in recognizing, amplifying, and honoring the contributions of Black Americans.

For more information, visit https://oascla.org. Follow us on Facebook at https://www.facebook.com/OurAuthorsStudyClub.

Media Contact

Lura Ballvassie@oascla.org

Media Contact

Lura Ball
vassie@oascla.org

Copper Property CTL Pass Through Trust (“the Trust”) has filed a Form 8-K containing the Q1-2024 consolidated financial statements of Penney Intermediate Holdings LLC for the three months ended May 4, 2024 and April 29, 2023, respectively, and related Master Lease store performance disclosures.

Additional information, including the Trust’s Monthly and Quarterly Reports, as well as other filings with the Securities and Exchange Commission (“SEC”) can be accessed via the Trust’s website at www.ctltrust.net.

About Copper Property CTL Pass Through Trust

Copper Property CTL Pass Through Trust (the “Trust”) was established to acquire 160 retail properties and 6 warehouse distribution centers (the “Properties”) from J.C. Penney as part of its Chapter 11 plan of reorganization. The Trust’s operations consist solely of owning, leasing and selling the Properties. The Trust’s objective is to sell the Properties to third-party purchasers as promptly as practicable. The Trustee of the trust is GLAS Trust Company LLC. The Trust is externally managed by an affiliate of Hilco Real Estate LLC. The Trust is intended to be treated, for tax purposes, as a liquidating trust within the meaning of United States Treasury Regulation Section 301.7701-4(d). For more information, please visit https://www.ctltrust.net/.

Forward Looking Statement

This news release contains certain “forward-looking statements”. All statements other than statements of historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “our vision,” “plan,” “potential,” “preliminary,” “predict,” “should,” “will,” or “would” or the negative thereof or other variations thereof or comparable terminology and include, but are not limited to, the Trust’s expectations or beliefs concerning future events and stock price performance. The Trust has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Trust believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. These factors, including those discussed in the Trust’s Registration Statement on Form 10 filed with the Securities and Exchange Commission (the “SEC”), may cause its actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. For a further list and description of such risks and uncertainties, please refer to the Trust’s filings with the SEC that are available at www.sec.gov. The Trust cautions you that the list of important factors included in the Trust’s SEC filings may not contain all of the material factors that are important to you. In addition, in light of these risks and uncertainties, the matters referred to in the forward-looking statements contained in this news release may not in fact occur. The Trust undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law.

Media Contact

Jessica Cummins, Investor Relations

+1 847-313-4755

jcummins@hilcoglobal.com

Media Contact

Jessica Cummins
jcummins@hilcoglobal.com

• 1967: Year Fr. Keehan was Ordained by the Archdiocese
• 1967–1974: St. Basil, Chicago, IL (CHI) *allegations Fr. Keehan sexually abused several minors, male and female
• 1974–1979: Our Lady of Good Counsel, Chicago, IL (CHI) *at least one former student
• 1979–1980: St. Benedict, Blue Island, IL (CHI)
• 1980–1983: St. Thomas of Canterbury, Chicago, IL (CHI)
• 1981–1983: Truman College, Chicago, IL (CHI)
• 1983–1985: Our Lady of Lourdes, Chicago, IL (CHI)
• 1985–1990: Queen of Angels, Chicago, IL (CHI)
• 1990–1991: Holy Innocents, Chicago, IL (CHI)
• 1991–2004: St. Ann, Chicago, IL (CHI) *at least four former students
• 2004: On leave
• 2005–2010: Other Assignments (CHI); Cardinal Stritch Retreat House, Mundelein, IL (CHI)
• Fr. Keehan is still alive and believed to be residing at the Bishop Lyne Residence, a retirement home for priests located in Palos Park, IL

Media Contact

Lynn Smith
lynn@lynnsmithtv.com

Media Contact

Wendell Varner
wendell@belloricouture.com

Classiq today announced a collaboration with NVIDIA and the BMW Group to optimize mechatronic systems, marking a significant advance in the sophistication of quantum computing implementation in the automotive sector.

The initiative is focused on solving a complex computational challenge to find the optimal architecture of electrical and mechanical systems. This problem involves defining the optimal combination of components, from electrical engines and batteries to coolers, and how these should be connected. The goal of this project is to enhance efficiency and reduce energy waste, which can result—among other things—in the increased efficiency of electric vehicles.

Classiq’s sophisticated approach demonstrated how cutting-edge quantum algorithms may be used to address the problem, including the Quantum Approximate Optimization Algorithm (QAOA) and the Harrow-Hassidim-Lloyd (HHL) algorithm. The latter of these approaches leverages amplitude and digital encoding to efficiently solve and convert complex linear equations, utilizing a novel Quantum Analog to Digital Conversion (QADC) process.

The project resulted in the BMW Group’s quantum experts creating a highly sophisticated quantum program, with many quantum sub-routines, among the most complex quantum programs implemented to date. The implementation was enabled by the advanced modeling and compilation capabilities of the Classiq platform. The large and complex quantum circuit implementation was simulated using NVIDIA GPUs and the powerful NVIDIA CUDA-Q platform.

“Our collaboration with Classiq and NVIDIA has enabled an innovative quantum implementation that pushes the boundaries of what is possible in the application to automotive technologies,” said Lukas Mueller, Lead Future Compute at BMW Group IT. “NVIDIA’s quantum stack has been instrumental in simulating this complex algorithm, facilitating its detailed testing and refinement.”

“This project exemplifies the power of collaboration in the quantum computing sphere. By bringing together the best of quantum hardware, software and automotive domain expertise, we have achieved groundbreaking advancements in a remarkably short time,” said Nir Minerbi, CEO of Classiq Technologies.

“Quantum computing, which has the potential to transform society, will require accelerated computing with extreme performance for users to take full advantage of its value,” said Tim Costa, director of HPC and quantum computing at NVIDIA. “NVIDIA’s collaboration with innovators such as the BMW Group and Classiq is pushing the boundaries of quantum simulation and helping to usher in an era of useful quantum computing.”

Quantum computing is still a nascent technology, and further effort is required to bring the developed solution to industrial applicability. Classiq and its collaborators continue to develop the interface between automotive technology and quantum computing by expanding the boundaries of quantum design, implementation, and computation.

About Classiq

Classiq Technologies, the leading quantum software company, provides an all-encompassing platform (IDE, compiler and OS) with a single point of entry into quantum computing, taking you from algorithm design to execution. The high-level descriptive quantum software development environment, tailored to all levels of developer proficiency, automates quantum programming. This ensures that a broad range of talents, including those with backgrounds in AI, ML and linear algebra, can harness quantum computing without requiring deep, specialized knowledge of quantum physics. Classiq democratizes access to quantum computing and equips its users to take full advantage of the quantum computing revolution, including access to a broad range of quantum hardware.

Classiq’s core technology, algorithmic quantum circuit compilation, is engineered to power the quantum ecosystem of today and the future. Classiq works closely with quantum cloud providers and advanced computation hardware developers providing software for use with quantum computers, HPC and quantum simulators.

Backed by investors such as HPE, HSBC, Samsung, Intesa Sanpaolo and NTT, Classiq’s world-class team of scientists and engineers has distilled decades of quantum expertise into its groundbreaking quantum engine. Follow Classiq on LinkedIn, X (formerly Twitter) or YouTube, and visit the Slack community and https://www.classiq.io to learn more.

Media Contact

Michelle McMahon

mmcmahon@rainierco.com

Media Contact

Michelle Allard McMahon
classiqpr@rainierco.com

Media Contact

Patrick George
amullen@ka-pow.com

Saison Technology, a global leader in data management and integration, announced investing $10 million in DNX Ventures Fund IV US.

Founded in 2011, DNX Ventures (DNX) is a venture capital firm investing in B2B startups from seed to late stage, primarily in North America and Japan. It has over 190 portfolio companies with 23 exits and over $630 million under management.

Saison Technology has been expanding its data management and integration business since its 2023 launch of HULFT Square, the company’s cloud-based iPaaS solution that is gaining significant adoption in Japan, Europe, and the United States. Through this investment in DNX, Saison Technology will collaborate with DNX’s portfolio of AI, SaaS, and other startups in North America and Europe, providing transformational products, services and support to them and collaborative solutions for their clients.

“We are very pleased to have Saison Technology as a limited partner in Fund IV,” said Mitch Kitamura, Managing Partner/COO at DNX Ventures. “Beyond providing venture capital, we aid our portfolio companies with value-added resources through collaboration with our limited partners. Saison Technology is a market leader with many decades of experience helping companies of all sizes with digital initiatives. Through its commitment to Fund IV, Saison Technology will help guide our portfolio companies in expanding their businesses.”

“As companies continue to purchase and implement cutting-edge cloud and AI technologies, having a proven platform to integrate them with existing enterprise applications and legacy data systems is essential,” said Makoto Hayama, President and CEO of Saison Technology Co. LTD. “Our company is one of the only providers that offers data management and integration solutions in the cloud, on-premise and as a managed service. We will provide these options to the DNX portfolio and their customers so that they have ultimate flexibility as they navigate more complex IT architectures.”

About DNX Ventures

DNX Ventures is a venture capital firm based in Silicon Valley and Tokyo that has been investing in B2B startups since 2011, primarily in the US and Japan. To date, in addition to the four main funds, we have managed a total of 11 funds including Annex and Seed, with a total of approximately $630 million USD (¥99 billion JPY), invested in 190 startup companies mainly in the US and Japan, and led 23 companies to exit. Among B2B startups, our main investment areas are AI, Enterprise SaaS, Deeptech, Climate Tech, Retail Tech, and Fintech, all of which we invest in at the early stage.

Additionally, DNX Silicon Valley Team actively supports large corporations’ Open Innovation activities by leveraging Silicon Valley’s ecosystem. Running over 70 programs annually to foster talent development to support Open Innovation and has helped create collaborations between over 200 companies and overseas startups. By leveraging this experience, network, and knowledge, we aim to further collaborate between Japanese corporations and overseas startups and create new businesses. For more information, visit https://www.dnx.vc/jpfund-en/top.

About Saison Technology

Saison Technology (TYO: 9640) has helped more than 10,000 global enterprises move critical information, streamline data flows, and automate processes to instantly put knowledge where it is needed. Knowledge empowers people, inspires strategy, and transforms businesses and markets. In the right hands, in the right place, it is much more than a set of facts. Knowledge is a force that can inspire innovation, drive profits, and affect positive change. For more information, please visit https://saison-technology-intl.com.

Media Contact

Kurt Foeller

+1 415-588-6390

kfoeller@saison-technology-intl.com

Media Contact

Kurt Foeller
kfoeller@saison-technology-intl.com