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Keystone Dental Announces Completion of $25 Million Financing to Accelerate Growth of Dental Implant and Digital Dentistry Portfolio

BURLINGTON, Mass., Sept. 01, 2021 (GLOBE NEWSWIRE) — Keystone Dental Inc. ("Keystone"), the largest independent dental implant company operating in North America, today announced a $25 million financing. The financing round was led by Nantahala, with participation from Accelmed and Accelmed's anchor investor, Migdal Insurance.

Proceeds from the financing were used to support Keystone's acquisition of Osteon Medical, a commercial stage leader in breakthrough dental implant solutions. In addition, remaining funds will be used for continued growth, including market expansion activities and other strategic investments. Key areas of focus are a highly innovative dental implant product portfolio in combination with market leading digital capability.

"It is a great honor to have such strong support from well–known investors on our journey of providing the global dental implant market with a comprehensive, world–class portfolio," said Melker Nilsson, CEO of Keystone. "These funds provide us with the additional capital we need for the acquisition of Osteon Medical. In addition, this financing delivers us working capital for the further acceleration of our anticipated growth, including exploration of organic as well as other in–organic initiatives within the dental implant market. We are very excited about the opportunities ahead."

Dr. Uri Geiger, Managing Partner at Accelmed and Chairman of Keystone, commented, "In just three years, Keystone's leadership team, supported by Accelmed, executed a complete turnaround of the business, transforming it into a rapidly–growing company rife with innovation and a market leader in the premium–value dental segment in the US. The acquisitions of Paltop Advanced Dental Solutions LTD in 2019 and Osteon Medical, announced earlier today, further establish Keystone's leadership position in this $5 billion market opportunity. We are confident that these growth initiatives, combined with robust digital capabilities, and a premium–value product portfolio, ensure that Keystone is well–poised for continued growth."

About Accelmed Partners
Accelmed is a U.S.–based private equity firm focused on acquiring and investing in U.S. commercial stage, lower middle market HealthTech companies. Since 2009, Accelmed has deployed over $400 million into companies spanning medical devices, diagnostics, digital health and technology–enabled healthcare services, Accelmed seeks to accelerate value and scale innovation across the HealthTech field by bringing to bear the team's industry experience, operational and financial expertise, and strong global relationships. For more information, please visit https://www.accelmed.com

About Keystone Dental Inc.
Keystone Dental is an oral healthcare company dedicated to the delivery of breakthrough dental implant, biomaterial technologies and providing a highly innovative digital workflow. Headquartered in Burlington, Massachusetts with manufacturing and distribution facilities in Irvine, California, Keystone markets its products worldwide and is the largest independent dental implant company in North America. The company's product portfolio includes proprietary offerings such as Genesis "" The Biomimetic Implant System, the TILOBEMAXX, PrimaConnex and Prima Plus Implant Systems, the DynaMatrix Extracellular Membrane, and the DynaBlast and DynaGraft bone graft substitutes. For more information, refer to www.keystonedental.com

Contacts:
Leigh Salvo
Gilmartin Group
leigh@gilmartinir.com

Amanda Klein/Alex Jeffrey
Gasthalter & Co.
(212) 257–4170
Accelmed@gasthalter.com


GLOBENEWSWIRE (Distribution ID 8318434)

FICX Secures $8M in Funding to Launch No-Code CX Automation Platform

SAN FRANCISCO, Aug. 17, 2021 (GLOBE NEWSWIRE) — FICX (http://www.ficx.io), innovator in CX Automation, today announced that it has secured $8 million in venture capital funding to accelerate the development of its software to automate customer processes and deliver them over any customer channel. The lead investors in the Series B funding round include NAventures, the corporate venture capital arm of National Bank of Canada, and Prytek, a multinational technology group delivering enterprise technology and managed services in finance and insurance. Previous investor Liberty Global Ventures also participated in the round.

FICX is the new trading name for CallVU, a digital CX pioneer that has historically focused on solutions specifically for call centers. The new name better reflects how the company's no–code CX automation platform is solving complex process challenges across a broad range of customer channels, touchpoints and use cases.

"Managing the customer experience has moved beyond a nice–to–have and is now arguably one of the most critical components of competitive advantage," said Michael Oiknine, CEO of FICX. "The global market for customer experience software management is expected to reach $14.45 billion by 2025, but there are surprisingly few companies providing the no–code tools needed to rapidly digitize and automate broken customer journeys. With this new investment round, FICX will be able to expand our core platform as well as drive market adoption of our CX Automation tools."

FICX's no–code approach to customer experience rapidly digitizes and automates broken customer journeys, transforming them into frictionless, end–to–end digital experiences. Using FICX, companies can easily add custom digital workflows in any customer channel including websites, apps, chat, IVR, call centers, and in–store. FICX integrates with existing enterprise technology to facilitate automation with prebuilt connectors and robust APIs that sync front–end experiences with backend CRM, Contact Center, Service Desk, and Payment systems. FICX customers include National Bank of Canada, Bank Leumi, Banca Transylvania, and the Israeli Ministry of Health.

Over the last few years, there has been significant interest and investment in RPA (robotic process automation) to automate internal workflows. Customer–facing workflows can benefit as much, or more, from process automation. However, customer–facing process are more unpredictable and complex. The ability to build no–code digital interfaces, integrations and automations makes FICX ideal for rapid automation of customer–facing processes. FICX makes it easy for brands to design and build secure, automated CX workflows without writing code.

According to Gartner's research, more than 80% of organizations say they expect to compete primarily on customer experience. Gartner also reports a substantial increase in CX spending, with 74% of companies polled indicating they expected to increase their CX budget. Forrester notes that an increase of one point on their proprietary Customer Experience Index can increase revenue by more than $1 billion, with additional CX improvements driving even greater revenue growth.

"Demand for CX technology is rising as more organizations allocate capital to deliver the effortless digital experiences that customers have come to expect from service providers," said Igal Ohayon, Investment Director at NAventures. "There are few best–of–breed software tools available capable of automating and customizing the customer journey the way that FICX can. Investing in FICX gives us a stake in a burgeoning market as well as access to cutting edge CX Automation technology."

About FICX
FICX is reimagining the way leading brands digitally transform their customer experience. As a pioneer and a leader in no–code CX app development and automation, FICX empowers modern enterprises to rapidly digitize and automate CX journeys and deploy them anywhere they engage customers. By removing friction from sales and service interactions, our clients cut costs, convert more sales and keep customers happy. For more information, visit www.ficx.io.

About National Bank of Canada and NAventures
With $351 billion in assets as at April 30, 2021, National Bank of Canada, together with its subsidiaries, forms one of Canada's leading integrated financial groups. It has more than 26,000 employees in knowledge–intensive positions and has been recognized numerous times as a top employer and for its commitment to diversity. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank's activities at nbc.ca or via social media such as Facebook, LinkedIn and Twitter.

NAventures, the corporate venture capital arm of National Bank of Canada, takes equity stakes in startups and growing businesses to foster growth in companies that will shape the financial institutions of the future. Follow NAventures activities at nbc.ca/naventures.

About Prytek
Prytek is a multinational technology group that builds deep technology and SaaS solutions through a BOPaaS (Business Operating Platform–as–a–Service) which is a combination of Deep Tech Solutions with Managed Services and Capital, providing the capability to lift out entire operations to create more efficient businesses of the future. Headed by industry experts, Prytek builds businesses and ecosystems in the Financial Services, Cyber & Tech Education and HR sectors.

Contact:
Tom Woolf
Woolf Media & Marketing
tomw@woolfmedia.com


GLOBENEWSWIRE (Distribution ID 8308454)

In-Purchase Financing Provider Behalf Raises Over $100M to Expand Buy Now, Pay Later Capability for B2B

NEW YORK and RA'ANANA, Israel, July 28, 2021 (GLOBE NEWSWIRE) — Behalf, Inc., a provider of In–Purchase Financing solutions for B2B sellers and buyers, today announced $19 million in new venture financing. The round was led by existing investors MissionOG, Viola Growth, Viola Credit and Vintage Investment Partners. New investors Migdal Insurance and La Maison Partners are also participating in the round.

In addition, Behalf announced the creation of a new debt facility totaling up to $100 million, provided by funds managed by Ares Management Corporation ("Ares"). The capital raised will enable Behalf to expand the availability of In–Purchase Financing to a broader array of B2B merchants and their SMB customers, while continuing to extend the capabilities of its industry–leading platform.

"The B2B eCommerce market is ripe for transformation. Merchants are recognizing the opportunity to drive new revenue by deploying In–Purchase Financing," said Rob Rosenblatt, CEO of Behalf. "At the same time, small and mid–sized businesses (SMBs) need access to affordable financing options "" an evergreen challenge exacerbated during COVID. Even as the U.S. economy is improving, SMBs continue to seek financial assistance to purchase critical supplies, inventory and equipment. Oftentimes they lack the requisite spend capacity on their personal or business credit cards. By offering In–Purchase Financing with flexible terms, B2B merchants can increase average order size by as much as 50–80 percent while reducing their risk, improving cash flow and driving operational efficiencies."

Behalf's In–Purchase Financing solution provides B2B merchants with all the benefits of consumer–focused Buy Now, Pay Later offerings along with capabilities tailored specifically for business–to–business commerce including:

  • Seamless checkout that significantly improves the customer experience, drives same–session checkout, and enhances customer loyalty.
  • Easy integration with existing point–of–sale systems, avoiding disruptions that can otherwise impact real–time commerce.
  • Incorporation of advanced underwriting and scoring models based on expansive datasets, business history and other predictive metrics to address the added complexity and risk of SMB lending "" enabling Behalf to offer financing when traditional banks are unable to do so.
  • The ability to serve the needs of virtually all of the merchant's business customers "" small, medium and large.
  • Financing for transactions of significantly greater average order value vis–a–vis consumer financing offerings.
  • Sharing best practices with B2B merchants to enable them to provide different financing options to sell more product.

"We are pleased to invest in Behalf's current round," said Guy Fischer, Migdal's Deputy CEO and Chief Investment Officer. "This investment is made out of our $1.5 billion (USD) internal FinTech fund and is in line with our strategy of investing in FinTech companies that have robust growth potential. To support Behalf's growth, we are also in discussions with the company about a potential $100 million (USD) debt facility. This injection of capital should support a steep growth curve for the company."

"We think there is a great market opportunity for a B2B offering targeting the more complex, real–time financing needs of SMBs," said Jeffrey Kramer, Partner and Head of ABS in the Alternative Credit strategy of the Ares Credit Group. "We are excited to provide a debt facility that will help support the company to achieve its growth objectives."

About Behalf
Behalf offers alternative B2B financing solutions tailor–made for real–time commerce across e– tail, assisted–selling and other merchant sales channels. The solutions enable merchants to outsource their net terms and extended financing programs, and receive payment as early as next business day. With Behalf, merchants can significantly increase their business customers' spending power without tying up capital or devoting resources to the business of credit and collections. Customers can receive in–purchase financing from Net–30 to up to 180 days.

Behalf's e–commerce financing solution is offered by an array of merchants across the electronics, mobile phone resale, business supplies, medical and health, home/hardware and other merchant categories. To date, Behalf has on–boarded over 19,000 merchants and 95,000 business customers, and provided over $1 billion in financing. For more information, visit https://www.behalf.com/.

About Ares Management Corporation
Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of March 31, 2021, including the acquisition of Landmark Partners, which closed June 2, 2021, and the acquisition of Black Creek Group, which closed July 1, 2021, Ares Management's global platform had approximately $239 billion of assets under management with approximately 2,000 employees operating across North America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com. Follow Ares on Twitter @Ares_Management.

About Ares Alternative Credit
Ares' Alternative Credit strategy focuses on direct lending and investing in assets that generate contractual cash flows and fills gaps in the capital markets between credit, private equity and real estate. Ares Alternative Credit targets investments across the capital structure in specialty finance, lender finance, loan portfolios, equipment leasing, structured products, net lease, cash flow streams (royalties, licensing, management fees), and other asset–focused investments. Co–Headed by Keith Ashton and Joel Holsinger, Ares Alternative Credit leverages a broadly skilled and cohesive team of approximately 40 investment professionals as of March 31, 2021.


GLOBENEWSWIRE (Distribution ID 8288395)

ISW Holdings Closes on Its 1st phase of over 100MW Georgia Crypto Mining Farm Capable of Driving Over $100M in Annual Gross Revs

LAS VEGAS, July 07, 2021 (GLOBE NEWSWIRE) — via InvestorWire — ISW Holdings, Inc. (OTC: ISWH) ("ISW Holdings" or the "Company"), a global brand management holdings company, is excited to announce that it has finalized its land lease development agreement, which grants the Company full use of a 1st phase 7–acre parcel of property in Georgia tailored for cryptocurrency mining operations, complete with access to energy resources capable of powering over 100 MW of cryptocurrency mining capacity.

"This agreement puts us in position to scale up into a top–five global cryptocurrency mining position by volume," remarked ISW Holdings President and Chairman, Alonzo Pierce. "We control an ideal plot of land, to initiate the 1st phase with additional access to over 100 megawatts of power for use in crypto mining. We also have our close partner Bit5ive, LLC "" North America's largest provider of collective management of renewable, clean energy services and mining equipment "" right on premises to manage and develop the mining operations at the site. China is cracking down hard and shutting down its domestic crypto mining industry. This has enormous consequences because more than half of the world's cryptocurrency mining has been taking place in China. As a result, we are already fielding calls from mining firms seeking a new home. We are now equipped to handle this at scale. We have the power!"

For more details and forward–looking statements, view the entire announcement: https://ibn.fm/ISW100MWAnnouncement

Pierce added, "Our plan is to execute an additional agreement with some of the world's largest and best–known mining companies seeking additional accommodation for expanded mining operations. We are already beginning to design and plan for this added scalability. Once we deploy the full 100 MW, we see total gross revenue run rate exceeding $100 million on an annualized basis."

About ISW Holdings
ISW Holdings, Inc. (ISWH), based in Nevada, is a diversified portfolio company comprised of essential business lines that serve consumer product demands. Our expertise lies in strategic brand development, early growth facilitation, as well as brand identity through our proprietary procurement process. Together, with our partners, we seek to provide a structure that meets large scalability demands, as well as anticipated marketplace needs. We are able to meet these needs through a variety of strategic innovative processes. ISWH is creating and managing brands across a spectrum of disruptive industries. It maneuvers its proprietary companies through critical stages of market development, which includes conceptualization, go–to–market strategies, engineering, product integration, and distribution efficiency. The company has also partnered with a well–known software development and consulting company, Bengala Technologies LLC, which is developing significant enhancements in the supply chain management space; and the partnership has a vitally needed patent now pending.

The Company's cryptocurrency mining segment, established in partnership with industry leader, Bit5ive LLC, is driven by a mission to mine cryptocurrency with a zero carbon footprint. Learn more at www.iswholdings.com.

About Bit5ive

Bit5ive is a leader in crypto currency mining data centers with several projects currently in development in the United States. Bit5ive's success lies in its commitment to its clients, hailing from a variety of industries and professions. Bit5ive's corporate headquarters is based in Miami, Florida, from which it operates as a management hub for its data centers, sales and customer service. Learn more at www.Bit5ive.com.

Company Contact:
info@ISWHoldings.com

Public Relations
EDM Media, LLC
https://edm.media

Corporate Communications:
InvestorBrandNetwork (IBN)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com


GLOBENEWSWIRE (Distribution ID 8274631)

RapidPulse Launches With $15 Million Series A Financing for Ischemic Stroke Therapy

MIAMI, June 23, 2021 (GLOBE NEWSWIRE) — RapidPulse, Inc., a privately–held medical device company developing a novel aspiration system to treat ischemic stroke, today announced the closing of a $15 million Series A financing. The financing was led by Sant Ventures who was joined by Epidarex Capital, Hatteras Venture Partners, Broadview Ventures, and Syntheon. RapidPulse plans to use the proceeds to advance its RapidPulse Cyclic Aspiration System through expanded clinical evaluation and build out its platform of proprietary catheters.

The RapidPulse system was developed by Syntheon, a medical device incubator focused on developing next generation medical devices. Their various products, commercialized by the largest and most trusted medical device companies in the world, have treated over 50 million patients globally in applications ranging from laparoscopic surgery, cardiovascular, and flexible endoscopy. Syntheon has over 200 issued patents since its inception over 20 years ago.

"We are pleased to have partnered with an outstanding investor syndicate to move our RapidPulse technology forward in the clinic," said Sean McBrayer, CEO of Syntheon who will also serve as initial CEO of RapidPulse. "Stroke is the second leading cause of death and the third leading cause of disability worldwide, and minutes matter in improving these outcomes. This investment will help us expand our clinical results and move towards regulatory approval in the United States."

Joining the team are industry veterans Heather Harries and Cynthia Yang. Heather most recently served as General Manager for Terumo's aortic business and will lead product development and operations for RapidPulse. Cynthia will lead clinical development for the company, after most recently working in the neurovascular division of Medtronic.

Dennis McWilliams, partner at Sant Ventures, added, "Heather and Cynthia bring exceptional domain expertise to the team at RapidPulse, and will complement the significant engineering development experience at Syntheon. RapidPulse is a disruptive platform opportunity in neurovascular, and has the potential to significantly improve patient outcomes for ischemic stroke patients."

ABOUT RAPIDPULSE

RapidPulse, Inc. is a privately held medical device company that develops minimally invasive vascular products for ischemic stroke. The company is advancing the development of the RapidPulse Cyclic Aspiration System, which includes a novel aspiration pump to allow rapid and consistent removal of blood clots from the brain. RapidPulse is a spinout of Syntheon LLC., a medical device incubator dedicated to developing innovative products in the medical device industry. Visit www.rapidpulsemed.com for more information.

ABOUT SANT VENTURES

Sant Ventures is a life sciences investment firm that invests in early–stage companies in medical device, biotechnology, and digitally enabled health services. We partner with entrepreneurs to build impactful companies, including Claret Medical (now part of Boston Scientific), TVA Medical (Becton Dickinson), Millipede Medical (Boston Scientific), and Molecular Templates (NASDAQ: MTEM). Founded in 2006, Sant has just under $1 billion in assets under management, and has offices in Austin, TX and Boston, MA. For more information, please visit sante.com.

ABOUT EPIDAREX CAPITAL

Epidarex Capital is a transatlantic venture capital firm that builds exceptional life science companies in emerging hubs in the US and UK. Epidarex's experienced team of early–stage investors partner with entrepreneurs and leading research institutions to transform world–class science into highly innovative products addressing major unmet needs in global healthcare. For more information, please visit www.epidarex.com

ABOUT HATTERAS VENTURE PARTNERS

Founded in 2000 and based in Durham, NC, Hatteras Venture Partners is a venture capital firm with a focus on seed and early stage healthcare investing. Through six funds and over $600 million under management, the firm has invested in breakthrough science and entrepreneurial grit in the areas of biopharmaceuticals, medical devices, diagnostics, healthcare IT, and related opportunities in human medicine. To learn more, please visit www.hatterasvp.com.

ABOUT BROADVIEW VENTURES

Founded in 2008, Broadview Ventures is a mission–driven investment organization. Broadview's primary goal is to improve human health in the areas of cardiovascular disease and stroke through investments in early stage companies developing innovative therapeutics, devices, and diagnostics. For more information about Broadview Ventures, visit broadviewventures.org.

MEDIA CONTACT:

Sean McBrayer, info@rapidpulsemed.com, 305–266–3388


GLOBENEWSWIRE (Distribution ID 8259265)

Bombardier Announces Closing of Placement of 7.45% Notes Due 2034 and Announces Amendment and Extension of Certain Consent Solicitations

MONTREAL, May 18, 2021 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) (the "Corporation") today announced that it has completed the issuance and sale to an institutional accredited investor (the "Investor") of US$260,000,000 aggregate principal amount of Bombardier's 7.45% Senior Notes due 2034 (the "Additional Notes") at a purchase price of par. The Additional Notes are additional notes of the same series, and are on the same terms and conditions, as the 7.45% Senior Notes due 2034 (the "2034 Notes") currently outstanding under the indenture, originally dated as of April 21, 2004, governing the 2034 Notes (the "2034 Indenture"). Following this private placement, the aggregate principal amount outstanding under the 2034 Notes is US$510,000,000. The Corporation intends to use the net proceeds from this private placement for the repayment of a portion of the Corporation's outstanding indebtedness.

The Corporation also today announced that it has amended and supplemented the terms of the consent solicitations in respect of its 2034 Notes and its 7.35% Debentures due 2026 ("Canadian Notes"), as set forth in the Corporation's Notice of Extension and Amendment dated May 18, 2021 ("Notice of Amendment") to the Consent Solicitation Statement dated May 3, 2021 (as amended by the press releases dated May 12, 2021 and May 14, 2021, the "Consent Solicitation Statement" and, together with the Notice of Amendment, the "Supplemental Consent Solicitation Statement").

2034 Notes

In respect of the 2034 Notes, the Consent Solicitation (as defined in the Supplemental Consent Solicitation Statement) has been amended and supplemented in order to (i) remove the record date for participation in the 2034 Notes Consent Solicitation and (ii) extend the expiration date of the 2034 Notes Consent Solicitation to 5:00 p.m., New York City time, on May 21, 2021 (the "Extended Expiration Date").

The Company has obtained the Investor's consent in respect of the proposed amendments to the 2034 Indenture described in the Consent Solicitation Statement. The Investor, which is the beneficial owner of a majority of the principal amount of the 2034 Notes, has further agreed to give its affirmative consent in the 2034 Notes Consent Solicitation.

ALL CONSENTS PREVIOUSLY GIVEN IN THE CONSENT SOLICITATION WITH RESPECT TO THE 2034 NOTES ARE NO LONGER EFFECTIVE, AND ANY HOLDER OF 2034 NOTES WHO WISHES TO PROVIDE ITS CONSENT IN THIS CONSENT SOLICITATION MUST VALIDLY GIVE THEIR CONSENT ON OR AFTER MAY 18, 2021 AND ON OR PRIOR TO THE EXTENDED EXPIRATION DATE. For the avoidance of doubt, any holder of 2034 Notes who has previously consented to the Consent Solicitation with respect to the 2034 Notes must validly deliver their consent again in order to receive the Consent Payment (as defined in the Supplemental Consent Solicitation Statement). Consents may not be revoked once given, including during any extension of the Consent Solicitation period, except as provided in the Supplemental Consent Solicitation Statement.

Canadian Notes

Consent Solicitation in respect of the Canadian Notes has been extended such that the expiration date of the Consent Solicitation is the Extended Expiration Date (being 5:00 p.m., New York City time, on May 21, 2021).

All holders of the 2034 Notes or Canadian Notes whose consents are properly made and not revoked on or prior to the Extended Expiration Date will be entitled to receive the Consent Payment, subject to the terms and conditions set forth in the Supplemental Consent Solicitation Statement.

Except as set forth in the Supplemental Consent Solicitation Statement with respect to the removal of the record date in respect of the Consent Solicitation for the 2034 Notes and the extension of the expiration dates of the Consent Solicitations for the 2034 Notes and the Canadian Notes, the terms and conditions of the Consent Solicitations remain the same as set forth and described in the original Consent Solicitation Statement dated May 3, 2021 (as amended and extended). The Corporation reserves the absolute right, subject to applicable laws, to further amend, waive or modify the terms of the Consent Solicitations in any manner. For a complete statement of the terms and conditions of the Consent Solicitations, holders are encouraged to read the Supplemental Consent Solicitation Statement.

Holders are advised to check with any bank, securities broker or other intermediary through which they hold any of the notes as to when such intermediary needs to receive instructions from a holder in order for that holder to be able to participate in, or (in the circumstances in which revocation is permitted) revoke their instruction to participate in, the Consent Solicitations, before the deadlines specified herein and in the Supplemental Consent Solicitation Statement. The deadlines set by each clearing system for the submission and withdrawal of instructions will also be earlier than the relevant deadlines specified herein and in the Supplemental Consent Solicitation Statement. You should check with such broker, dealer, commercial bank, trust company or other nominee to determine whether they will charge you a fee for delivering your consent on your behalf.

For additional information regarding the terms of the Consent Solicitations, or to obtain additional copies of the Supplemental Consent Solicitation Statement, please contact Global Bondholder Services Corporation at (866) 807 2200 or by email at contact@gbsc–usa.com, or, in respect of the Canadian Notes, Kingsdale Partners LP at 1–888–518–6824 or by email at corpaction@kingsdaleadvisors.com. You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Consent Solicitations.

Citigroup Global Markets Inc. and UBS Securities LLC are acting as the Solicitation Agents for the Consent Solicitations. Questions concerning the terms of the Consent Solicitations should be directed to Citigroup Global Markets Inc. at (212) 723–6106 (collect) or (800) 558–3745 (toll–free) or UBS Securities LLC at (203) 719–4210 (collect) or (888) 719–4210 (toll–free).

None of the Corporation, the trustees for the notes, the agents under the respective indentures for the notes, the information agents, any of their respective subsidiaries or affiliates or any of its or their respective directors, officers, employees or representatives makes any recommendation to holders as to whether or not to deliver their consent pursuant to any of the Consent Solicitations, and none of the foregoing has authorized any person to make any such recommendation. Holders must decide whether to provide their consent.

This notice does not constitute or form part of any offer or invitation to purchase, or any solicitation of any offer to sell, the notes or any other securities in the United States or any other jurisdiction, and neither this notice nor any part of it, nor the fact of its release, shall form the basis of, or be relied on or in connection with, any contract therefor. The Consent Solicitations are made only by and pursuant to the terms and conditions of the Supplemental Consent Solicitation Statement and the information in this notice is qualified by reference to the Supplemental Consent Solicitation Statement.

This press release does not constitute an offer to sell or buy or the solicitation of an offer to buy or sell any security and shall not constitute an offer, solicitation, sale or purchase of any securities in any jurisdiction in which such offering, solicitation, sale or purchase would be unlawful.

The securities mentioned herein have not been and will not be registered under the United States Securities Act of 1933, as amended, any state securities laws or the laws of any other jurisdiction, and may not be offered or sold in the United States absent registration or in a transaction exempt from or not subject to such registration requirements. The securities mentioned herein have not been and will not be qualified for distribution to the public under applicable Canadian securities laws and, accordingly, any offer and sale of the securities in Canada must be made on a basis which is exempt from the prospectus requirements of such securities laws.

Holders are requested to read and consider carefully the information contained in the Supplemental Consent Solicitation Statement and to deliver their consent in accordance with the instructions set forth in the Supplemental Consent Solicitation Statement.

About Bombardier

Bombardier is a global leader in aviation, creating innovative and game–changing planes. Our products and services provide world–class experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Headquartered in Montral, Canada, Bombardier is present in more than 12 countries including its production/engineering sites and its customer support network. The Corporation supports a worldwide fleet of more than 4,900 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals.

News and information is available at bombardier.com or follow us on Twitter @Bombardier.

Bombardier is a trademark of Bombardier Inc. or its subsidiaries.

This announcement does not constitute an offer to buy or the solicitation of an offer to sell any securities in any jurisdiction or in any circumstances in which such offer or solicitation is unlawful. In those jurisdictions where the securities, blue sky or other laws require the Consent Solicitations to be made by a licensed broker or dealer, the Consent Solicitations will be deemed to be made by one or more registered brokers or dealers licensed under the laws of such jurisdiction.

Certain statements in this announcement are forward–looking statements based on current expectations. By their nature, forward–looking statements, including statements with respect to the Corporation's ability to complete the Consent Solicitations, are based on estimates, projections, beliefs and assumptions that Bombardier believes are reasonable but are not guarantees of future events and results.

Forward–looking statements require us to make assumptions and are subject to important known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from those set forth in the forward–looking statements. For additional information regarding these risks and uncertainties, and the assumptions underlying the forward–looking statements, please refer to the Supplemental Consent Solicitation Statement.

For information

Francis Richer de La Flche
Vice President, Financial Planning
and Investor Relations
Bombardier
+514 855 5001 x13228		 Mark Masluch
Senior Director, Communications
Bombardier
+514 855 7167


GLOBENEWSWIRE (Distribution ID 8238541)

Sea Electric Holdings Pty Ltd. Completes US$42 Million Equity Financing

LOS ANGELES, March 09, 2021 (GLOBE NEWSWIRE) — Following substantial growth in new markets, global automotive technology company SEA Electric Holdings Pty Ltd. (SEA Electric), announced it has closed initial private placement equity financing for total gross proceeds of approximately US$42 million. The net proceeds from the investment will allow SEA Electric to solidify its position as a market leader in the electrification of commercial vehicles whilst funding its considerable backlog and facilitating more pilot programs with operators.

(Please download this press release and HIGH RESOLUTION versions of SEA Electric images and other supporting editorial assets: https://www.dropbox.com/sh/2shmc8051lw62hv/AACViAedt5BIsrAjlI6XAXgha?dl=0 )

With a global headquarters and key leadership in Los Angeles, SEA Electric currently has operations in five countries and more than one million miles of independent Original Equipment Manufacturer ("OEM") testing and in–service operation in all markets.

President and Founder Tony Fairweather stated, "We are very pleased to have completed a heavily oversubscribed equity financing and are excited to welcome aboard a global set of institutional investors as partners. The financing allows SEA Electric to accelerate our sales efforts and grow our backlog as we explore options to seek a public listing in the United States this year."

SEA Electric currently partners with commercial vehicle OEM's, dealers, operators and upfitters to deliver a new range of zero–emissions trucks and is on schedule to deliver more than 1,000 electric commercial vehicles this year. The company forecast is to have more than 15,000 vehicles on the road by the end of 2023.

"2021 will see a paradigm shift in the way developed markets facilitate uptake of commercial electric vehicles and the unstoppable momentum will build year–after–year" said Fairweather.

Additionally, Fairweather commented, "We are also very excited to welcome Exro Technologies as a strategic partner and shareholder of SEA Electric. We look forward to expanding our partnership with Exro and helping to optimize the utilization of batteries in a second–life application."

Exro Technologies, a leading Canadian clean technology company and a strategic SEA Electric partner and shareholder, has been known as a pioneer and a real "game changer' when it comes to the power and efficiency of electric motors. According to Fairweather, the collaboration with Exro will focus on utilizing electric truck batteries for energy storage applications. Exro and SEA Electric will co–develop Exro's Battery Control System (BCS) for operational validation and take the next step toward leadership in power electronics for mobility and energy management.

"We're thrilled to be working together with SEA Electric to increase the momentum of commercial electric vehicle uptake," said Sue Ozdemir, Chief Executive Officer of Exro Technologies. "We have a strong relationship with Tony and the SEA Electric team and are very excited to realize the benefits of the BCS co–development project."

Working closely with its shareholders, investors and partners including Exro, exclusive financial advisor Eight Capital and international law firm Vinson and Elkins on this financing round, Fairweather confirms the company will also be exploring options to seek a public listing in the United States this year.

Background for Series A Round

Pursuant to the Financing, SEA Electric issued approximately 1.1 million Series A Preferred Shares at a price of US $40.1995 per share, convertible into common shares of SEA Electric at the option of subscribers and automatically convert to common shares under certain conditions, including SEA Electric completing a public transaction.

SEA Electric History Timeline

  • 2012 — SEA Electric founded in Australia
  • 2017 "" First SEA Electric model launch after 5 years of product development/field testing,
  • 2017 "" Launch SEA–Drive models
  • 2018 "" (May 2018) Isuzu Australia begin pilot test SEA Electric EV's
  • 2018 "" (September 2018) Melbourne factory facility opens
  • 2019 "" (March 2019) New Zealand facility opens
  • 2020 "" (January 2020) Los Angeles, California facility opens (Torrance)
  • 2020 "" (February 2020) Australia grants SEA Electric patent for Commercial EV management system
  • 2020 "" (May 2020) Staples deploy first SEA Hino 195 EV delivery truck in California
  • 2020 "" (December 2020) Canada grants SEA Electric patent for Commercial EV management system
  • 2020 "" (December 2020) Toyota Indonesia signs with SEA Electric to design and build Toyota Innova EV prototype
  • 2021 "" (May 2021) SEA Electric to launch first SEA Hino Australian SKD assembled EV truck, the SEA Hino 300, at the Brisbane Truck Show

About SEA Electric

Global automotive technology company SEA Electric was founded in Australia in 2012, creating its proprietary electric power–system technology (known as SEA–Drive ) for the world's urban delivery and distribution fleets.

Widely recognized as a market leader in the electrification of commercial vehicles on a global basis, SEA Electric commands a global presence, deploying product in seven countries including USA, Canada, Australia, New Zealand, Thailand, Indonesia and South Africa with collectively more than one million miles of independently OEM–tested and in–service international operation.

The company's global sales, after–sales and engineering are represented in all subsidiaries, whilst North America has the largest upfitting capacity for SEA Electric at more than 30,000 units per annum.

Contact: Deb Pollack/Strategic Communications 805.320.9248

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/ae5c1a9d–0dea–4a99–bb1d–b43ad247afcd

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GLOBENEWSWIRE (Distribution ID 8186728)

Swift Navigation Raises $50 Million Series C Round to Accelerate Consumer Adoption of Automotive Safety and Precise Navigation Applications Across the Globe

SAN FRANCISCO, Feb. 09, 2021 (GLOBE NEWSWIRE) — Swift Navigation, a San Francisco–based tech firm redefining GNSS (Global Navigation Satellite System) and precise positioning technology for autonomous vehicles, automotive, mobile and mass–market applications, today announced that it has raised a $50 million Series C round of financing led by existing investors Forest Baskett and Greg Papadopoulos of New Enterprise Associates (NEA), existing investor Eclipse Ventures and new investors, including EPIQ Capital Group and KDDI Open Innovation Fund. To date, the company has raised a total of $97.6 million in funding.

Since its Series B round of financing, Swift has delivered a higher performance precise positioning service and expanded its global coverage to meet the needs of an on–demand economy and higher levels of autonomy. Swift's customers across the globe include automotive OEMs, last–mile delivery providers, mobile providers and those building rail, industrial, micromobility and IoT platforms for mass–market applications. Swift plans to use its latest round of funding to scale customer deployments and continue its worldwide expansion.

Swift offers a comprehensive GNSS platform, consisting of the receiver–agnostic Starling software positioning engine that easily integrates with the automotive sensor suite and pulls centimeter–accurate location corrections from Skylark""Swift's wide area, cloud–based GNSS precise positioning service that delivers real–time, secure and highly–available location data across the contiguous U.S., Europe, Japan, South Korea, Australia and a growing number of countries worldwide""to deliver absolute positioning at the continental scale required by today's safety–critical autonomous applications.

The benefits of Swift's precise positioning solution for its varying customer applications abound. Swift's platform enables automotive OEMs to easily integrate precise positioning and high–confidence location features into their latest vehicles. Swift's precision GNSS solutions improve last–mile operations, allowing fleet managers to optimize delivery routes, minimize fuel and operational costs and crowd–source information to reduce delays. Swift's highly accurate positioning technology is easily integrated into leading mobile devices and platforms, enhancing location–driven mobile applications. Swift Navigation's cloud–based architecture allows mobile devices and vehicles to achieve lane–level location accuracy without geographic restrictions and with the utmost privacy and security.

"In the past few years, Swift Navigation has expanded across the globe, offering an ever–expanding service that is scalable to service millions of users," said Greg Papadopoulos, PhD, Venture Partner at NEA. "NEA is delighted to lead this Series C round of financing, which will allow Swift to accelerate customer adoption in automotive safety and autonomy applications."

"We are grateful to have an amazing investor base behind us who support our mission of enabling more efficiency and integrity in navigating the world. It is with their support that we were able to scale our customers' autonomous and navigation applications globally," added Timothy Harris, Co–Founder and CEO of Swift Navigation. "Thank you to NEA, Eclipse, EPIQ and KDDI for sharing our vision of the importance of precision navigation in moving people, packages and vehicles more safely around the globe."

To learn more about how to easily integrate Swift's solutions into your application, visit swiftnav.com or contact sales@swiftnav.com.

ABOUT SWIFT NAVIGATION

Swift Navigation provides precise positioning solutions for automotive, autonomous vehicle, mobile and mass–market applications. What began as the GNSS industry's first low–cost, high–accuracy, real–time kinematic (RTK) receiver has evolved into a Swift Navigation ecosystem of positioning solutions for autonomous applications. From the continental GNSS precise positioning service delivered from the cloud by Skylark, the hardware–independent, integrated software solution that is the Starling positioning engine, to the centimeter–level accurate Piksi Multi and ruggedized Duro and Duro Inertial RTK receivers, Swift Navigation is enabling a future of autonomous vehicles to navigate and understand the world. Learn more online at swiftnav.com, follow Swift on Twitter @Swiftnav

Press Contact:
Swift Navigation
press@swiftnav.com


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