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Cellebrite Files its 2023 Annual Report on Form 20-F

TYSONS CORNER, Va. and PETAH TIKVA, Israel, March 21, 2024 (GLOBE NEWSWIRE) — Cellebrite DI Ltd. (Nasdaq: CLBT), a leader in premier Digital Investigative solutions for the public and private sectors, today announced that the Company has filed its Annual Report on Form 20–F for the year ended December 31, 2023, with the U.S. Securities and Exchange Commission (the “SEC”).

Cellebrite’s 2023 Annual Report on Form 20–F is available on the investor relations section of its website at https://investors.cellebrite.com/financial–information/sec–filings and on the SEC’s website at www.sec.gov. Shareholders may request a hard copy of the 2023 Annual Report on Form 20–F, free of charge, by contacting the Company at investors@cellebrite.com.

About Cellebrite
Cellebrite’s (Nasdaq: CLBT) mission is to enable its customers to protect and save lives, accelerate justice and preserve privacy in communities around the world. We are a global leader in Digital Investigative solutions for the public and private sectors, empowering organizations in mastering the complexities of legally sanctioned digital investigations by streamlining intelligence processes. Trusted by thousands of leading agencies and companies worldwide, Cellebrite’s Digital Investigation platform and solutions transform how customers collect, review, analyze and manage data in legally sanctioned investigations. To learn more visit us at www.cellebrite.com, https://investors.cellebrite.com, or follow us on Twitter at @Cellebrite.

References to Websites and Social Media Platforms
References to information included on, or accessible through, websites and social media platforms do not constitute incorporation by reference of the information contained at or available through such websites or social media platforms, and you should not consider such information to be part of this press release.

Investor Relations
Andrew Kramer
Vice President, Investor Relations
investors@cellebrite.com
+1 973.206.7760

Media
Victor Cooper
Sr. Director of Corporate Communications + Content Operations
Victor.cooper@cellebrite.com
+1 404.804.5910


GLOBENEWSWIRE (Distribution ID 9066838)

LeddarTech et Prospector Capital Corp. annoncent l’entrée en vigueur de la déclaration d’enregistrement et la tenue d’une assemblée générale extraordinaire le 13 décembre 2023 visant l’approbation du regroupement d’entreprises

QUÉBEC, 04 déc. 2023 (GLOBE NEWSWIRE) — LeddarTech Inc. ( LeddarTech ou l' Entreprise ), une socit de logiciels automobiles qui fournit des technologies logicielles de fusion bas niveau de capteurs et de perception reposant sur l'IA, innovatrices et brevetes pour systmes avancs d'aide la conduite (systmes ADAS) et de conduite autonome (systmes AD), et Prospector Capital Corp. ( Prospector ) (NASDAQ : PRSR, PRSRU, PRSRW), une socit d'acquisition vocation spcifique cote en bourse dirige par l'ancien prsident de Qualcomm, Derek Aberle et prside par l'ancien vice–prsident du conseil d'administration de Qualcomm, Steve Altman, ont fait savoir aujourd'hui que le 4 dcembre 2023, la U.S. Securities and Exchange Commission (la SEC ) a annonc l'entre en vigueur de la dclaration d'enregistrement sur le formulaire F–4, telle que modifie, dpose par LeddarTech Holdings Inc. ( Newco ) dans le cadre du projet de regroupement d'entreprises annonc prcdemment (le Regroupement d'entreprises ). Le dossier peut tre consult dans son intgralit sur le site web de la SEC l'adresse www.sec.gov.

Prospector a galement commenc envoyer la circulaire de sollicitation de procurations/prospectus dfinitive le 4 dcembre 2023, incluse dans la dclaration d'enregistrement, relative l'assemble gnrale extraordinaire des actionnaires qui doit se tenir dans le cadre du Regroupement d'entreprises (l' Assemble gnrale extraordinaire ). L'Assemble gnrale extraordinaire devrait se tenir le 13 dcembre 2023 10 h 00, heure de l'Est. L'Assemble gnrale extraordinaire se tiendra dans les bureaux de White & Case LLP situs au 1221 Avenue of the Americas, New York, NY 10020, et virtuellement via une webdiffusion en direct www.cstproxy.com/prospectorcapital/egm2023. Les dtenteurs d'actions ordinaires de Prospector la clture des activits la date de rfrence du 14 novembre 2023 ont le droit d'tre convoqus l'Assemble gnrale extraordinaire et de voter ladite assemble. De plus amples renseignements sur le Regroupement d'entreprises et les rsolutions qui seront soumises au vote lors de l'Assemble gnrale extraordinaire figurent dans la circulaire de sollicitation de procurations/prospectus dfinitive dpose par Prospector, disponible l'adresse www.sec.gov.

Si les conditions de clture du Regroupement d'entreprises sont remplies, y compris l'approbation du Regroupement d'entreprises par les actionnaires de Prospector, la socit issue du Regroupement d'entreprises prvoit oprer sous le nom de LeddarTech Inc. et devrait tre cote au NASDAQ sous le nouveau symbole LDTC , avec des bons de souscription sous le symbole LDTCW . La cotation au NASDAQ est subordonne la clture du Regroupement d'entreprises et au respect de toutes les exigences d'inscription au NASDAQ.

propos de LeddarTech

Entreprise mondiale de logiciels fonde en 2007, base Qubec et disposant de centres de R&D supplmentaires Montral, Toronto et Tel Aviv (Isral), LeddarTech dveloppe et propose des solutions logicielles compltes de fusion bas niveau de capteurs et de perception reposant sur l'intelligence artificielle qui permettent le dploiement d'applications ADAS et de conduite autonome (AD). Le logiciel de classe automobile de LeddarTech applique des algorithmes d'intelligence artificielle et de vision numrique avancs afin de gnrer des modles 3D prcis de l'environnement, pour une meilleure prise de dcision et une navigation plus sre. Cette technologie performante, volutive et conomique permet la mise en "uvre efficace de solutions ADAS pour vhicules automobiles et hors route par les quipementiers et les fournisseurs de rang 1 et 2.

Ayant dpos plus de 150 demandes de brevets (dont 80 accordes) qui amliorent les capacits des systmes d'aide la conduite et de conduite autonome, l'entreprise a contribu plusieurs innovations lies des applications de tldtection. Une plus grande conscience situationnelle est essentielle pour rendre la mobilit plus sre, plus efficace, plus durable et plus abordable : c'est ce qui motive LeddarTech vouloir devenir la solution logicielle de fusion de capteurs et de perception la plus largement adopte.

Renseignements complmentaires disponibles sur www.LeddarTech.com et sur LinkedIn, Twitter (X), Facebook et YouTube.

propos de Prospector Capital Corp.

Prospector est une socit d'acquisition vocation spcifique cre dans le but de raliser une fusion, un change d'actions, une acquisition d'actifs, un achat d'actions, une rorganisation ou un regroupement d'entreprises similaire avec une ou plusieurs entreprises, mettant l'accent sur les socits proposant des solutions avances et hautement diffrencies dans le secteur technologique. La socit est dirige par une quipe d'investisseurs et de cadres expriments qui se concentrent sur l'identification et les investissements dans des entreprises forte croissance dotes d'quipes de gestion solides et d'opportunits de march attrayantes. Les titres de Prospector se ngocient sur le NASDAQ sous les symboles PRSR , PRSRU et PRSRW .

Renseignements importants sur la transaction propose et o les trouver

Dans le cadre du regroupement d'entreprises propos, Prospector, LeddarTech et Newco ont prpar et dpos auprs de la U.S. Securities and Exchange Commission (la SEC ) la dclaration d'enregistrement sur le formulaire F–4 (la Dclaration d'Enregistrement ), et Prospector enverra ses actionnaires la circulaire de sollicitation de procurations/prospectus contenue dans la Dclaration d'Enregistrement et dposera d'autres documents concernant le regroupement d'entreprises auprs de la SEC. Le prsent communiqu de presse ne se substitue aucune circulaire de sollicitation de procurations, dclaration d'enregistrement, circulaire de sollicitation de procurations/prospectus ou autres documents que Prospector ou Newco pourrait dposer auprs de la SEC dans le cadre du regroupement d'entreprises. LES INVESTISSEURS ET LES PORTEURS DE TITRES SONT INSTAMMENT PRIS DE LIRE ATTENTIVEMENT ET DANS LEUR INTGRALIT LA DCLARATION D'ENREGISTREMENT LORSQU'ELLE SERA DISPONIBLE, TOUT AMENDEMENT OU SUPPLMENT LA DCLARATION D'ENREGISTREMENT ET TOUT AUTRE DOCUMENT DPOS PAR PROSPECTOR OU NEWCO AUPRS DE LA SEC DANS LE CADRE DU REGROUPEMENT D'ENTREPRISES, CAR CES DOCUMENTS CONTIENDRONT DES RENSEIGNEMENTS IMPORTANTS. Les investisseurs et les dtenteurs de titres pourront obtenir gratuitement des copies de la Dclaration d'Enregistrement et des autres documents dposs auprs de la SEC par Prospector ou Newco sur le site web gr par la SEC l'adresse www.sec.gov.

noncs prospectifs

Certains noncs contenus dans le prsent communiqu de presse peuvent tre considrs comme des noncs prospectifs au sens du Private Securities Litigation Reform Act de 1995, de la section 27A du Securities Act et de la section 21E de l'Exchange Act des tats–Unis (lesquels noncs prospectifs comprennent galement les noncs prospectifs et les renseignements prospectifs au sens des lois canadiennes sur les valeurs mobilires applicables), y compris, mais sans s'y limiter, les noncs concernant le regroupement d'entreprises impliquant Prospector, LeddarTech et Newco, la capacit raliser le regroupement d'entreprises et son calendrier, les avantages attendus du regroupement d'entreprises, la clture du financement par placement priv et le produit attendu de celui–ci, ainsi que les noncs relatifs la stratgie, aux oprations futures, aux perspectives, aux objectifs et aux projections financires et autres mesures financires anticips de Newco. Les noncs prospectifs comprennent gnralement des noncs de nature prvisionnelle qui dpendent d'vnements ou de conditions venir ou qui s'y rfrent, et comprennent des termes tels que pouvoir , anticiper , prvoir , avoir l'intention de , estimer , planifier , croire , s'attendre , projeter de et autres expressions similaires et verbes au futur et au conditionnel notamment. Les noncs qui ne sont pas des faits historiques sont des noncs prospectifs. Les noncs prospectifs reposent sur des convictions et des hypothses actuelles qui sont soumises des risques et des incertitudes et ne constituent pas des garanties de performance future. Les rsultats rels peuvent diffrer sensiblement de ceux contenus dans un nonc prospectif en raison de divers facteurs, y compris, mais sans s'y limiter : (i) le risque que les conditions de clture du regroupement d'entreprises ne soient pas remplies, y compris le dfaut d'obtenir en temps voulu ou non l'approbation des actionnaires pour le regroupement d'entreprises ou le dfaut d'obtenir en temps voulu ou non les autorisations rglementaires requises, y compris de la Cour suprieure de justice du Qubec; (ii) les incertitudes quant au calendrier de ralisation du regroupement d'entreprises et la capacit de Prospector, de LeddarTech et de Newco raliser le regroupement d'entreprises; (iii) la possibilit que d'autres avantages prvus du regroupement d'entreprises ne se ralisent pas, et le traitement fiscal prvu du regroupement d'entreprises; (iv) la survenance de tout vnement susceptible de donner lieu la rsiliation du regroupement d'entreprises; (v) le risque que des litiges entre actionnaires lis au regroupement d'entreprises ou autres rglements ou enqutes affectent le calendrier ou la ralisation du regroupement d'entreprises ou entranent des cots importants de dfense, d'indemnisation et de responsabilit; (vi) l'volution de la conjoncture conomique gnrale et/ou des conditions propres l'industrie; (vii) les ventuelles perturbations dues au regroupement d'entreprises susceptibles de nuire aux activits de LeddarTech; (viii) la capacit de LeddarTech retenir, attirer et embaucher du personnel cl; (ix) les ractions ou changements ngatifs potentiels dans les relations avec les clients, employs, fournisseurs ou autres parties rsultant de l'annonce ou de la ralisation du regroupement d'entreprises; (x) l'incertitude commerciale potentielle, y compris les changements dans les relations commerciales existantes, pendant la dure du regroupement d'entreprises, susceptible d'affecter la performance financire de LeddarTech; (xi) les dveloppements lgislatifs, rglementaires et conomiques; (xii) l'imprvisibilit et la gravit d'vnements catastrophiques, y compris, mais sans s'y limiter, les actes de terrorisme, le dclenchement d'une guerre ou d'hostilits et toute pidmie, pandmie ou apparition de maladie (y compris la COVID–19), ainsi que la rponse de la direction l'un des facteurs susmentionns; (xiii) l'accs au capital et au financement et la capacit de LeddarTech maintenir le respect des clauses restrictives de ses emprunts; et (xiv) les autres facteurs de risque dtaills de temps autre dans les rapports de Prospector dposs auprs de la SEC, y compris le rapport annuel de Prospector sur le formulaire 10–K, les rapports trimestriels priodiques sur le formulaire 10–Q, les rapports courants priodiques sur le formulaire 8–K et autres documents dposs auprs de la SEC, ainsi que les facteurs de risque qui figureront dans la Dclaration d'Enregistrement. La liste des facteurs importants ci–dessus n'est pas exhaustive. Ni Prospector ni LeddarTech ne peuvent garantir que les conditions du regroupement d'entreprises seront remplies. Sauf si la loi applicable l'exige, ni Prospector ni LeddarTech ne s'engagent rviser ou mettre jour les noncs prospectifs, ni mentionner d'autres noncs prospectifs, que ce soit la suite de nouvelles informations, d'vnements futurs ou autres.

Absence d'offre ou de sollicitation

Le prsent communiqu de presse ne constitue pas une offre de vente ou la sollicitation d'une offre d'achat de titres de Prospector ou de Newco, ni une sollicitation de vote ou d'approbation, et il n'y aura pas de vente de titres dans une juridiction o une telle offre, sollicitation ou vente serait illgale avant l'enregistrement ou la qualification en vertu de la lgislation sur les valeurs mobilires d'une telle juridiction. Aucune offre de valeurs mobilires ne peut tre faite si ce n'est au moyen d'un prospectus rpondant aux exigences de la section 10 du Securities Act de 1933, tel que modifi (le Securities Act ).

Participants la sollicitation

Prospector, LeddarTech et Newco, ainsi que certains de leurs administrateurs, dirigeants et employs respectifs, peuvent tre considrs comme des participants la sollicitation de procurations dans le cadre du regroupement d'entreprises. Des renseignements sur les administrateurs et les dirigeants de Prospector sont disponibles dans le rapport annuel sur le formulaire 10–K pour l'exercice clos le 31 dcembre 2022, qui a t dpos auprs de la SEC le 31 mars 2023. Les renseignements concernant les personnes qui peuvent, en vertu des rgles de la SEC, tre considres comme des participants la sollicitation de procurations dans le cadre du regroupement d'entreprises, y compris une description de leurs intrts directs ou indirects, par la dtention de titres ou autrement, seront prsents dans la Dclaration d'Enregistrement et dans d'autres documents pertinents lorsqu'ils seront dposs auprs de la SEC. Ces documents peuvent tre obtenus gratuitement auprs de la source indique ci–dessus.

Contact :
Daniel Aitken, vice–prsident, Marketing, communications et relations avec les investisseurs mondiaux, LeddarTech Inc.
Tl. : + 1–418–653–9000 poste 232 daniel.aitken@LeddarTech.com

Leddar, LeddarTech, LeddarVision, LeddarSP, VAYADrive, VayaVision et les logos associs sont des marques de commerce ou des marques dposes de LeddarTech Inc. et de ses filiales. Tous les autres noms de marques, noms de produits et marques sont ou peuvent tre des marques de commerce ou des marques dposes utilises pour dsigner les produits ou les services de leurs propritaires respectifs.


GLOBENEWSWIRE (Distribution ID 8989420)

LeddarTech and Prospector Capital Corp. Announce Effectiveness of Registration Statement and December 13, 2023 Extraordinary General Meeting to Approve Business Combination

QUEBEC CITY, Dec. 04, 2023 (GLOBE NEWSWIRE) — LeddarTech Inc. ("LeddarTech" or the "Company"), an automotive software company that provides patented disruptive AI–based low–level sensor fusion and perception software technology for ADAS and AD, and Prospector Capital Corp. ("Prospector") (NASDAQ: PRSR, PRSRU, PRSRW), a publicly traded special–purpose acquisition company led by former Qualcomm President Derek Aberle and chaired by former Qualcomm Vice Chairman Steve Altman, today announced that on December 4, 2023 the U.S. Securities and Exchange Commission (the "SEC") declared effective the Registration Statement on Form F–4, as amended, filed by LeddarTech Holdings Inc. ("Newco") in connection with the previously announced proposed business combination (the "Business Combination"). The filing can be viewed in its entirety on the SEC's website at www.sec.gov.

Prospector also commenced mailing the definitive proxy statement/prospectus on December 4, 2023, which was included in the Registration Statement, relating to the extraordinary general meeting of shareholders to be held in connection with the Business Combination (the "Extraordinary General Meeting"). The Extraordinary General Meeting is scheduled to be held on December 13, 2023 at 10:00 a.m. Eastern Time. The Extraordinary General Meeting will be held at the offices of White & Case LLP located at 1221 Avenue of the Americas, New York, NY 10020, and virtually via a live webcast at www.cstproxy.com/prospectorcapital/egm2023. Holders of Prospector's ordinary shares at the close of business on the record date of November 14, 2023 are entitled to notice of the Extraordinary General Meeting and to vote at the Extraordinary General Meeting. More details about the Business Combination and the resolutions to be voted upon at the Extraordinary General Meeting can be found in the definitive proxy statement/prospectus filed by Prospector, available at www.sec.gov.

Assuming satisfaction of the conditions of the closing of the Business Combination, including approval of the Business Combination by Prospector shareholders, the combined company intends to operate as LeddarTech Inc. and is expected to be listed on NASDAQ under the ticker symbol "LDTC", with warrants under the ticker "LDTCW". The NASDAQ listing is subject to the closing of the Business Combination and fulfillment of all NASDAQ listing requirements.

About LeddarTech

A global software company founded in 2007 and headquartered in Quebec City with additional R&D centers in Montreal, Toronto and Tel Aviv, Israel, LeddarTech develops and provides comprehensive AI–based low–level sensor fusion and perception software solutions that enable the deployment of ADAS and autonomous driving (AD) applications. LeddarTech's automotive–grade software applies advanced AI and computer vision algorithms to generate accurate 3D models of the environment to achieve better decision making and safer navigation. This high–performance, scalable, cost–effective technology is available to OEMs and Tier 1–2 suppliers to efficiently implement automotive and off–road vehicle ADAS solutions.

LeddarTech is responsible for several remote–sensing innovations, with over 150 patent applications (80 granted) that enhance ADAS and AD capabilities. Better awareness around the vehicle is critical in making global mobility safer, more efficient, sustainable and affordable: this is what drives LeddarTech to seek to become the most widely adopted sensor fusion and perception software solution.

Additional information about LeddarTech is accessible at www.LeddarTech.com and on LinkedIn, Twitter (X), Facebook and YouTube.

About Prospector Capital Corp.

Prospector is a special–purpose acquisition company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses with a focus on companies with advanced and highly differentiated solutions for the technology sector. The company is led by a team of experienced investors and executives focused on identifying and investing in high–growth companies with strong management teams and attractive market opportunities. Prospector's securities are traded on NASDAQ under the ticker symbols "PRSR," "PRSRU" and "PRSRW."

Important Information About the Proposed Transaction and Where to Find It

In connection with the proposed business combination, Prospector, LeddarTech and Newco have prepared and filed with the Securities and Exchange Commission (the "SEC") the registration statement on Form F–4 (the "Registration Statement"), and Prospector will mail the proxy statement/prospectus contained within the Registration Statement to its shareholders and file other documents regarding the business combination with the SEC. This press release is not a substitute for any proxy statement, registration statement, proxy statement/prospectus or other documents Prospector or Newco may file with the SEC in connection with the business combination. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THE REGISTRATION STATEMENT WHEN IT BECOMES AVAILABLE, ANY AMENDMENTS OR SUPPLEMENTS TO THE REGISTRATION STATEMENT AND OTHER DOCUMENTS FILED BY PROSPECTOR OR NEWCO WITH THE SEC IN CONNECTION WITH THE BUSINESS COMBINATION, BECAUSE THESE DOCUMENTS WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders will be able to obtain free copies of the Registration Statement and other documents filed with the SEC by Prospector or Newco through the website maintained by the SEC at www.sec.gov.

Forward–Looking Statements

Certain statements contained in this press release may be considered forward–looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act and Section 21E of the Exchange Act (which forward–looking statements shall also include forward–looking statements and forward–looking information within the meaning of applicable Canadian securities laws), including, but not limited to, statements regarding the business combination involving Prospector, LeddarTech and Newco, the ability to consummate the business combination and the timing thereof, the anticipated benefits from the business combination, the closing of the private placement financing and expected proceeds therefrom and statements relating to Newco's anticipated strategy, future operations, prospects, objectives and financial projections and other financial metrics. Forward–looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "may," "will," "should," "would," "expect," "anticipate," "plan," "likely," "believe," "estimate," "project," "intend" and other similar expressions among others. Statements that are not historical facts are forward–looking statements. Forward–looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward–looking statement as a result of various factors, including, without limitation: (i) the risk that the conditions to the closing of the business combination are not satisfied, including the failure to timely or at all obtain shareholder approval for the business combination or the failure to timely or at all obtain any required regulatory clearances, including of the Superior Court of Justice of Qubec; (ii) uncertainties as to the timing of the consummation of the business combination and the ability of each of Prospector, LeddarTech and Newco to consummate the business combination; (iii) the possibility that other anticipated benefits of the business combination will not be realized, and the anticipated tax treatment of the business combination; (iv) the occurrence of any event that could give rise to termination of the business combination; (v) the risk that shareholder litigation in connection with the business combination or other settlements or investigations may affect the timing or occurrence of the business combination or result in significant costs of defense, indemnification and liability; (vi) changes in general economic and/or industry–specific conditions; (vii) possible disruptions from the business combination that could harm LeddarTech's business; (viii) the ability of LeddarTech to retain, attract and hire key personnel; (ix) potential adverse reactions or changes to relationships with customers, employees, suppliers or other parties resulting from the announcement or completion of the business combination; (x) potential business uncertainty, including changes to existing business relationships, during the pendency of the business combination that could affect LeddarTech's financial performance; (xi) legislative, regulatory and economic developments; (xii) unpredictability and severity of catastrophic events, including, but not limited to, acts of terrorism, outbreak of war or hostilities and any epidemic, pandemic or disease outbreak (including COVID–19), as well as management's response to any of the aforementioned factors; (xiii) access to capital and financing and LeddarTech's ability to maintain compliance with debt covenants; and (xiv) other risk factors as detailed from time to time in Prospector's reports filed with the SEC, including Prospector's Annual Report on Form 10–K, periodic Quarterly Reports on Form 10–Q, periodic Current Reports on Form 8–K and other documents filed with the SEC, as well as the risk factors to be contained in the Registration Statement. The foregoing list of important factors is not exhaustive. Neither Prospector nor LeddarTech can give any assurance that the conditions to the business combination will be satisfied. Except as required by applicable law, neither Prospector nor LeddarTech undertakes any obligation to revise or update any forward–looking statement, or to make any other forward–looking statements, whether as a result of new information, future events or otherwise.

No Offer or Solicitation

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities of Prospector or Newco, a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended (the "Securities Act").

Participants in Solicitation

Prospector, LeddarTech and Newco, and certain of their respective directors, executive officers and employees, may be deemed to be participants in the solicitation of proxies in connection with the business combination. Information about the directors and executive officers of Prospector can be found in the Annual Report on Form 10–K for the fiscal year ended December 31, 2022, which was filed with the SEC on March 31, 2023. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of proxies in connection with the business combination, including a description of their direct or indirect interests, by security holdings or otherwise, will be set forth in the Registration Statement and other relevant materials when they are filed with the SEC. These documents can be obtained free of charge from the source indicated above.

Contact:
Daniel Aitken, Vice–President, Global Marketing, Communications and Investor Relations, LeddarTech Inc. Tel.: + 1–418–653–9000 ext. 232 daniel.aitken@LeddarTech.com

Leddar, LeddarTech, LeddarVision, LeddarSP, VAYADrive, VayaVision and related logos are trademarks or registered trademarks of LeddarTech Inc. and its subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.


GLOBENEWSWIRE (Distribution ID 8989420)

New Report From ApplyBoard Highlights Need For Alignment Across International Education Sector

Kitchener, Ontario, Canada, Nov. 14, 2023 (GLOBE NEWSWIRE) — ApplyBoard, the leading international student mobility technology platform, has released its third annual trends report, intended to help stakeholders in international education navigate the increasingly competitive sector landscape. The report, Alignment for Student and Institution Success: Top Trends in International Education for 2024 and Beyond, leverages extensive industry data, proprietary ApplyBoard intelligence, exclusive surveys, and candid student interviews to uncover the trends most likely to impact student mobility in the coming years.

Demand for international education is at an all–time high. In each of Canada, the United States, the United Kingdom, and Australia, student visa applications rose by at least 23% in 2022, and numbers continued to rise through 2023. With so many students going abroad, the report argues that it is essential that governments, institutions, and businesses align programs, policies, and priorities to develop more pathways for prosperity for all stakeholders. For example, institutions can better ensure student success by working with businesses to identify workforce needs and designing programs that train students capable of filling them.

"More than ever, alignment is needed across the international education sector to ensure the success of students and institutions alike," says Meti Basiri, Co–Founder and CEO of ApplyBoard. "When governments, institutions, and businesses work collectively in pursuit of common goals, students receive a better educational experience and are better positioned to succeed during and after their studies. At ApplyBoard, we're committed to working with our partners to bring this standard to life."

Key findings from this year's report include:

  • Major English–speaking destination countries face increased competition from non–Anglophone destination markets entering 2024.
  • Aging destination markets need skilled workers in areas like health and STEM, but institutions need to better align student inflows with these job market needs in order to both fill these roles and ensure student success.
    • Job demand in health care is expected to grow by at least 13% by 2031 in both Canada and the US. Aging populations require increased health care services, and international students will be critical for filling the gaps.
    • Destination markets will face significant skills shortages in STEM in the coming years, but lack of knowledge and mentorship regarding these fields mean international students are not well positioned to address these shortages.
  • Replacing retirees will require alignment on stay–and–work messaging: 48% of students interested in studying in North America and the UK are looking for a clear path to permanent residency post–degree.
  • Housing shortages, upcoming elections and new government policies will all shape student sentiment in the years to come.
  • Student diversity is needed to ensure the long–term health of the international education sector. Nigeria, the Philippines, and Colombia are three countries where strategic recruitment efforts could pay dividends for institutions.

Uncover these insights and more by reading ApplyBoard's Trends Report online here.

About ApplyBoard
ApplyBoard empowers students around the world to access the best education by simplifying the study abroad search, application, and acceptance process to more than 1,750 institutions across Canada, the United States, the United Kingdom, Australia, and Ireland. ApplyBoard, headquartered in Kitchener, Ontario, Canada, has helped more than 600,000 students from more than 125 countries along their educational journeys since 2015. To learn more, visit: www.applyboard.com


GLOBENEWSWIRE (Distribution ID 8979086)

International Dialogue Centre – KAICIID Facilitates Dialogue Encounters at World Youth Day Lisbon 2023

Lisbon, Portugal., July 31, 2023 (GLOBE NEWSWIRE) — The International Dialogue Centre – KAICIID is delighted to announce its participation in World Youth Day Lisbon 2023, a significant international gathering of young people aimed at fostering unity, faith, and cultural exchange. From 1st to 6th August 2023, the enchanting city of Lisbon will play host to this momentous event, and KAICIID will be at the forefront, organizing Dialogue Encounters that promote understanding and cooperation among followers of different religious traditions, religious leaders, and policymakers.

As a unique intergovernmental organization with a dual governance structure consisting of a Council of Parties comprising States and a Board of Directors made up of religious leaders, KAICIID is committed to bridging the gaps between diverse faiths, nationalities, and generations. The Dialogue Encounters, part of the Youth Festival strand, will encompass a series of activities designed to facilitate meaningful dialogues and genuine acceptance, in line with the message of His Holiness Pope Francis, who calls for “concrete encounters” and understanding of those different from ourselves.

At the heart of KAICIID's involvement in World Youth Day are three key activities: a panel debate with representatives from five different religions, the launch of the innovative Dialogo board game, and a screening of the poignant documentary, "Justine: A KAICIID Fellow's Journey."

Dr. Zuhair Alharthi, Secretary General of the International Dialogue Centre (KAICIID), expressed his enthusiasm for the forthcoming Dialogue Encounters, stating, “At KAICIID, we believe that dialogue is the key to fostering peace and harmony in our interconnected world. World Youth Day Lisbon 2023 presents an unparalleled opportunity for us to engage with young people from diverse backgrounds, nurturing a culture of dialogue and acceptance. We are excited to be hosting several activities, including a panel discussion with leaders from five different religions, the launch of the Dialogo board game in Portugal, and the screening of our latest documentary, all culminating in an audience with His Holiness Pope Francis.”

The KAICIID Dialogo! board game, designed to encourage dialogue, teamwork, and social emotional learning, will be a highlight of the Dialogue Encounters. This game has already made a significant impact worldwide, being embraced by schools, teams, and learning environments as a tool to promote skills in dialogue and peacebuilding. Dr. Alharthi emphasized, “Dialogo! is for youth and adults alike, for all those who seek to develop their skills in dialogue and inspire others to join the conversation.”

Dr. Alharthi further added, “The Dialogue Encounters we have prepared for World Youth Day will empower young people with the necessary tools to facilitate meaningful conversations and embrace diversity. We believe that by promoting dialogue and empathy, we can build bridges that connect cultures and foster global harmony.”

In a moment of exceptional significance, eight KAICIID Fellows will have the privilege of participating in an audience with His Holiness Pope Francis. During this intimate gathering, the Fellows will share their reflections on how interreligious dialogue can serve as a powerful means to create links between cultures and religions, providing a unique and enriching personal experience for all involved.

As an intergovernmental organization based in Lisbon, KAICIID is uniquely positioned to facilitate meaningful encounters between people of different faiths and cultures. By strengthening capacity at the local, national, and regional level through education on dialogue practices, increasing understanding of religious and cultural diversity through leadership for dialogue training, and promoting dialogue and social cohesion through conflict prevention, peacebuilding, and development policies, KAICIID continues to play a vital role in fostering a more inclusive and peaceful world.

To learn more about the International Dialogue Centre – KAICIID and their efforts to promote interreligious and intercultural dialogue, please visit www.kaiciid.org.

About International Dialogue Centre – KAICIID:

The International Dialogue Centre – KAICIID is an intergovernmental organization dedicated to promoting peace and understanding through interreligious and intercultural dialogue. By strengthening capacity at the local, national, and regional level through education on dialogue practices, leadership for dialogue training, and promoting dialogue and social cohesion through conflict prevention, peacebuilding, and development policies, KAICIID aims to create a more harmonious and cooperative global community.

For media inquiries, please contact: press@kaiciid.org

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GLOBENEWSWIRE (Distribution ID 8883716)

Duck Creek Technologies Rated a Luminary in Celent’s 2023 Insurer Stand-Alone Rating Engines North America and Global Reports

Boston, June 08, 2023 (GLOBE NEWSWIRE) — Duck Creek Technologies, the intelligent solutions provider defining the future of Property and Casualty (P&C) and general insurance, earns Luminary status in Celent's 2023 North America and global reports, Insurer Stand–Alone Rating Engines. Duck Creek's rating solutions have been recognized in the report's highest–ranking category for advanced technology and breadth of functionality.

This report provides an overview of Duck Creek Rating, which enables customers to rate 583,000 quotes per hour/per server of complex personal lines policies in a 100% horizontally scalable manner. In North America and across the globe, Duck Creek maintains an open platform and open ecosystem philosophy, offering over 100 pre–built and validated integration accelerators. This includes Duck Creek Rating Anywhere Integrations with Coherent, Akur8, AAIS, and Verisk. Celent's report profiles key stand–alone rating engines and provides an overview of their functionality and technology. The report equips P&C insurance carriers with the knowledge and insights to evaluate the market's best stand–alone rating engines for their business.

"Duck Creek is proud to continue to earn Celent's highest Luminary ranking in North America and globally for our rating solutions," said Jess Keeney, Chief Product & Technology Officer, Duck Creek Technologies. "We are continuously seeking ways to modernize our technology and create evergreen solutions that cultivate a better user experience for our customers. Deploying frequent, fully automated updates with configurability enables us to do this."

"Duck Creek was one of only two named Luminaries in the report, which is our highest designation," said Karlyn Carnahan, Head of Insurance for Celent. "Not only does the distinction celebrate the most advanced technology in the rating space, but it also recognizes the solutions with the most expansive functionality. Duck Creek's solution ranked high in both categories."

About Celent

Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally experienced analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent is a member of the Oliver Wyman Group, which is a wholly owned subsidiary of Marsh McLennan Companies. [NYSE: MMC]. For more information, visit www.celent.com. Follow Celent on Twitter @Celent_Research.

About Duck Creek Technologies

Duck Creek Technologies is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market–leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information "" LinkedIn and Twitter.


GLOBENEWSWIRE (Distribution ID 8854376)

Consumers across the globe desire humanized experiences when navigating the insurance industry

Boston / London, May 09, 2023 (GLOBE NEWSWIRE) — Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has proudly published its second annual benchmark survey, the 2023 Global Consumer Insurance Insights. The survey reveals strong demand from global consumers for humanized insurance purchasing, switching and communication experiences through digital channels.

The 2023 wave of research – which is being launched at the Duck Creek Technologies Formation "23 event for customers and partners from May 8–10, was conducted independently by Research in Finance for Duck Creek Technologies and surveyed over 2,000 policyholders across 13 countries, all of whom held at least one insurance policy.

Aimed at refining the strategies that bring insurers closer to consumers worldwide, this year's survey is more extensive than the inaugural 2022 edition, with more questions and responses from policyholders across more countries. The survey provides insights for carriers, reflecting consumer preferences and awareness of innovation opportunities, purchasing, and communication methods.

Key findings from the survey include:

  • 93% of consumers are confident they have the proper coverage, irrespective of which channel they used to purchase the insurance policy.
  • Once a policy is in place, 44% of consumers prefer human interaction (2022: 35%). At the same time, however, interest in app/WhatsApp usage for buying and switching insurance also increased year–over–year.
  • 46% of global consumers are unaware of embedded insurance. Of those who were aware (37%), almost half said they trust it because of product or retailer quality. Those who do not trust it (26%) find embedded insurance unnecessary and expensive. Those who are unsure (29%) require more information, having had little experience with embedded insurance.

The survey reveals significant positives for insurance providers and clearly shows they are getting it right in many areas. However, it also highlights areas where insurers must reflect and improve further – including bolstering global consumer confidence and trust in insurance.

According to Jess Keeney, Chief Product & Technology Officer at Duck Creek, “As the insurance industry continues to evolve, it is crucial for providers to listen to the needs and preferences of their customers. The 2023 Duck Creek Technologies benchmark survey provides invaluable insights into consumer behaviors and trends, highlighting the areas where insurers can maximize accessibility, accelerate speed to market, and differentiate competitively."

While the survey shows that carriers around the world are responding quickly to consumer demand for more relevant and timely products and services, it also reveals that a significant number of consumers prefer a humanized experience when interacting with their insurance providers. This emphasizes the importance of exploring ground–breaking and varying communication options to meet the needs of diverse customers.

Keeney adds, "It is encouraging to see that despite the challenging economic environment, people are re–evaluating their insurance needs and considering a wider range of products. Mobile and gadget insurance, travel insurance, and embedded insurance are being purchased more frequently than other types of insurance.

Duck Creek's 2023 survey is a vital resource for insurance providers, offering unique insights into customer perceptions and highlighting the next opportunities for innovation. We urge providers to delve deeply into the results and continue pushing the frontiers of the insurance industry forward."

Research in Finance Head of Research, Karen Scott, added, "In the insurance industry, listening to consumers is essential for success. As the Global Consumer Insurance Insights Survey 2023 demonstrates, primary research capturing changing behaviors, user feedback, and satisfaction is invaluable to help inform insurance company strategies, new product development, marketing, and communications plans. Insurers now have access to significant data sets to compare year–on–year, creating a true benchmark series of reports we are proud to support. Ultimately, insurers who prioritize listening to and understanding their consumers will come out on top."

The 2023 Global Consumer Insurance Insights Survey highlights four key calls to action for insurers:

  1. Maximize accessibility of insurance products to consumers across channels
  2. Accelerate speed to market with the SaaS model
  3. Humanize the consumer experience through digital channels
  4. Leverage the SaaS ecosystem to differentiate competitively

Download the 2023 Global Consumer Insurance Insights Survey here.

About Duck Creek Technologies
Duck Creek Technologies is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market–leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information "" LinkedIn and Twitter.


GLOBENEWSWIRE (Distribution ID 8833259)

2022: The MILESTONE YEAR

Dubai, United Arab Emirates, Dec. 29, 2022 (GLOBE NEWSWIRE) — The business aviation industry is currently going through the biggest transition in history, accelerated by the digitalisation, accessibility, and the exceptional travel conveniences that it offers against the backdrop of a gradual recovery from the health crisis. In many ways, it reflects the fourth industrial revolution, which is more significant, and its ramifications more profound, than in any prior period of human history.

With the private jet traffic setting new records in 2022, experts predict up to 8,500 new business jet deliveries until 2031, which amounts to an estimated total value of US$ 274 billion. At the same time, sustainability is at the top of the agenda to ensure that the industry develops in line with the decarbonisation goals set by IATA.

The record results could not have been achieved without the efficiency and exceptional ability of the business aviation industry to adapt and to remain connected to its customers, continuing to inspire their desire to travel and discover.

For the first time, Jetex invites you to discover the latest trends in private aviation, and what will shape the global industry in the future in its interactive annual review.

Discover

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About Jetex:

An award–winning global leader in executive aviation, Jetex is recognized for delivering flexible, best–in–class trip support solutions to customers worldwide. Jetex provides exceptional private terminals (FBOs), aircraft fueling, ground handling and global trip planning. The company caters to both owners and operators of business jets for corporate, commercial and personal air travel. To find out more about Jetex, visit www.jetex.com and follow us on Instagram, Twitter, Facebook, and LinkedIn.

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GLOBENEWSWIRE (Distribution ID 8721507)

39 Million People Relied on GFN Member Food Banks for Meals in 2021

Chicago, IL, USA, June 06, 2022 (GLOBE NEWSWIRE) — Today, The Global FoodBanking Network (GFN) announced that food banks in 44 countries served 39 million people in 2021, demonstrating that need for food assistance is continuing at high levels in the face of rising food prices and disrupted supply chains.

The data is part of GFN's annual Network survey, and this year's responses emphasize the importance of a strong network of food banks in times of crisis.

"Communities around the world are facing hunger at unprecedented rates," said Lisa Moon, president and CEO of The Global FoodBanking Network. "Consistently, food banks are stepping up and using their unique expertise to connect millions of people to nutritious food."

The 39 million people who sought emergency food assistance is a 128 percent increase over 2019 pre–COVID levels of service. Additionally, about 54 percent of people were served regularly for more than three months during 2021 while 44 percent of people served visited food banks occasionally, temporarily, or for the first time due to a shift in economic circumstances.

More than three–fourths of people served by GFN member food banks live in emerging and developing market economies. Most of the people who visited GFN member food banks in 2021""about 24 million""live in Asia and Oceania. Another 8.8 million food bank visitors are from Latin America. Children ages 17 and under comprised more than a third of the total people served.

Food banks, on average, distributed 57 percent more food and grocery products than the previous year, despite sourcing challenges brought on by breakdowns in supply chains and other factors. The most commonly distributed products are fruits and vegetables""constituting 30 percent of what an average food bank provides.

While need for hunger relief has been unprecedented, so has the generosity and determination of people partnering within the Network. Nearly 317,000 people volunteered with GFN partner food banks, a 14 percent increase over 2020, providing more than 8 million hours of support.

2022 is already proving to be another challenging year for people facing hunger and food insecurity, with the Ukraine invasion compounding the continuing effects of the pandemic and leading to further rises in food prices. But food banks will continue to respond quickly and efficiently in the face of crises, leaning on the experiences of the past few years.

"Unfortunately, we are likely on the precipice of a global hunger crisis," said Moon. "Food banks will be central to the response. The lessons learned during the pandemic have strengthened the Network, better equipping us to provide ongoing services to children, individuals, and families in vulnerable situations."

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About The Global FoodBanking Network:

The Global FoodBanking Network supports community–led solutions to alleviate hunger in more than 40 countries. While millions struggle to access enough safe and nutritious food, nearly a third of all food produced is lost or wasted. We're changing that. We believe food banks directed by local leaders are key to achieving Zero Hunger and building resilient food systems. For more information, visit foodbanking.org.


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