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Second-Generation Minuteman Press Franchisees in Cupey and San Juan, Puerto Rico Continue Family Legacies for 27 Years and Counting

Minuteman Press International Inc

For Frances Torruellas and Tere Quiñones, owning a business runs in the family. Frances is the co-owner of her Minuteman Press franchise in Cupey, working alongside her father Juan A. Torruellas. Tere is the owner of Minuteman Press located in Hato Rey, San Juan. Both family-run franchises opened in 1995, and both Frances and Tere are proud to carry on their family legacies for 27 years and counting. Father & Daughter Team Juan Arturo & Frances Torruellas Make a Dynamic Team for Minuteman Press in Cupey Minuteman Press in Cupey, Puerto Rico, first opened in July of 1995. Juan A. Torruellas originally began looking to own a business in 1994, and he found the right fit with Minuteman Press. Juan reflects, “I was very determined to have my own business but had not defined what it would be. The year 1994 was the beginning of my journey seeking what type of business I would like to operate; I was sure that it would not be a food business but I did want a service-based business. For the past twenty years prior, I held managerial positions in finance and administration which helped me in that process. I was convinced after my participation in a franchise show in Miami, Florida, that my business would be Minuteman Press.” After several meetings with Minuteman Press representatives in Puerto Rico, Juan officially signed his agreement and entered training. Juan says, “On July 1, 1995, our presses started running. Like all beginnings, we went out day by day to present our innovative services in the printing business. By following the training and advice from Minuteman Press, we raised a bank of loyal customers, many of whom continue with us after 27 years.” In order to sustain their success and longevity, Juan talks about the need to adapt. He says, “We have recognized the need to evolve according to the needs of our customers, which is why in recent years the ‘printing on demand’ concept has been a priority in our operation, as well as offering a range of promotional products that meet the market needs.” He proudly adds, “Over the years, we have been recognized by Minuteman Press International for reaching monthly sales volumes of $250,000, as well as receiving their Customer Service Award, Top Quality Award and Top Appearance Award.” “Our philosophy has always been to treat the client honestly, to offer guidance on the best alternatives in terms of cost without affecting the quality of the product, and to have integrated services available to improve the image of each client.” -Juan A. Torruellas, owner, Minuteman Press, Cupey, Puerto Rico Second Generation in Sight Frances Torruellas first joined the team of Minuteman Press in Cupey in 2005, worked her way up from customer service to manager, and then became owner in 2018. Juan shares, “My daughter Frances Ivette joined the Minuteman Press team in the customer service area in the year 2005, a year after she attended the training in Farmingdale, where she was able to gain a broader perspective about our business. In a short time, Frances dominated the operation and became our manager. As her interest for the business kept growing, she became owner in 2018.” He adds, “I am so proud of the job she has done, and this truly is a family business.” When asked for his final reflections on operating his business, Juan says, “We must give an important and warm mention to now-retired RVP Jeff Robey, who supported us for many years. Jeff is truly special and was instrumental to our growth.” Juan concludes, “We are proud to represent a franchise in Minuteman Press International that has maintained its relevance and prestigious name throughout all of our years in this exciting and ever-changing industry.” Tere Quiñones Shares Insights on Running the Family Business and Carrying On Her Father’s Legacy as Owner of Minuteman Press in Hato Rey, San Juan Minuteman Press in Hato Rey, San Juan, Puerto Rico first opened in April of 1995. At that time, Tere Quiñones was in college and her father ran the family business. Tere says, “After I graduated from college and began to work on my Master’s degree, I helped my father out at the shop. Little by little, I learned every aspect of the business and fell in love with it. Never did I think that I would continue his legacy, and in some ways, I believe that Minuteman Press chose me.” As Tere reflects on her family’s 27 years in business, she shares the following three keys to the success and longevity of Minuteman Press in San Juan: “ 1. It’s very important to maintain an excellent group of employees, where we all feel like family. A comfortable working environment is important. If there is a good and happy staff, the daily workload feels easier. 2. Honesty. Always be honest to clients about the job request, whether it’s possible or not to meet their deadlines. That way they will always know that what you are telling them about any specifics of the job will be the truth. 3. Quality. Maintain the same printing quality, go that extra mile and make sure that even with changes in technology/machinery the quality remains the same. If there is a slight change in the quality, always contact the client beforehand let them know. Avoid surprises to your clients.” When asked about the various ways Minuteman Press in San Juan has grown, Tere shares, “Three ways we have grown over the years are by adding promotional products, doing email marketing campaigns targeting specific industries, and direct referrals from happy clients.” She continues, “Our key growth areas right now are wide format printing, hotel collaterals, and parking signage for companies. We also do a lot of Every Door Direct Mail as well as printing for schools. There is always going to be a need for printing; you just have to find what your customers are looking for.” “Our community is mixed between small businesses, schools, and seniors. We have a potpourri of walk-ins that makes every day different. Our clients have different needs and degrees of knowledge. Being able to assist them all and provide products and solutions is very satisfying.” - Tere Quiñones, Minuteman Press, San Juan, Puerto Rico Speaking of community, Minuteman Press in San Juan also stands out by making their center a place of learning. Tere says, “We have a copy center that is open to teachers and students, with special prices and offerings. It’s a nice resource for them and a great way to educate them about what we do.” Tere also appreciates the support she has received over the years. She says, “Minuteman Press International has always been present in assisting in all situations. Having a group of people that are always willing to advise us and help is definitely an advantage.” As she reflects further on the rewards of owning a business, Tere says, “The biggest reward of owning a business is having the ability to do something that you love. I also appreciate the flexibility because it’s much easier to be there for family activities and events than if you were working for someone else.” She concludes, “If you love what you do and work hard, the rest just seems to fall into place.” Minuteman Press in Cupey is located at Winston Churchill Avenue #138, Crown Hill, Cupey, PR 00926. For more information, visit their website: https://minuteman.com/us/locations/pr/cupey/ Minuteman Press in San Juan is located at Ave. Americo Miranda #1503, San Juan, PR 00921. For more information, visit their website: https://minuteman.com/us/locations/pr/san-juan20/ Learn more about #1 rated Minuteman Press franchise opportunities at https://minutemanpressfranchise.com Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

May 23, 2022 10:00 AM Eastern Daylight Time

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Schools Procure Maple Hotspots to Bridge the Homework Gap

Maple

Maple, a provider of reliable, remote online access for students, announced its fully portable and pocket-sized Internet connectivity solutions, powered by StratusX, are being deployed to thousands of students to narrow the Homework Gap in the United States. Many school systems continue to work with Maple to procure CIPA compliant mobile internet hotspots using funding from the Federal Communications Commission’s Emergency Connectivity Fund (ECF). Maple leaders are encouraging schools to utilize an extension of the ECF application process (with a waiver request) to secure the funding necessary to provide students with the safe and reliable online access they need. Leading education organizations continue to work collaboratively with the public sector and private enterprise to solve these [connectivity] issues and get technology into the hands of students. The National School Boards Association has prioritized promoting digital equity and closing the Homework Gap. One of the organization’s core policy objectives is “…eliminating broadband infrastructure gaps and investing in students and families without adequate high-speed broadband and/or Internet devices...” “Without equal access to education and online resources, students in underserved, minority, lower-income, and rural communities are adversely affected,” stated Michael Kadisha, Chief Executive of Maple. “Teachers assign homework requiring access to the Internet, and students need it to learn. This is a necessity, not a luxury. It is a profound issue of fundamental fairness facing our society today and determines access to opportunities down the road.” “Access to a good education is one of the most important issues of our time, and the most pressing within it is closing the Homework Gap,” Kadisha continued. “While we are encouraged by the thousands of students, educators, families, and communities that will benefit from our technology, there is still much to do. We are looking to partner with more schools to utilize the ECF program to request 100% funding for student connectivity needs.” Maple leaders are currently working with schools that missed the May 13 deadline to utilize the Emergency Connectivity Fund extension. Waivers are available, but schools must act quickly. There is a 30-day window remaining to submit funding applications. “Working together, we will eliminate inequities and close the Homework Gap as we reliably connect students and educators from anywhere,” Kadisha continued. Many schools have already worked with Maple to procure hotspots for thousands of students utilizing the ECF application process. Education leaders chose to work with Maple based on superior technology and the company’s commitment to bridging solutions for education. Maple and its leadership have a proven history of philanthropy, advocating for education, and serving students. Maple’s parent company developed Treedom, a leading service-based scholarship platform. Through these initiatives, Maple recognized that while students wanted to access their educational resources, they had no or poor connectivity at home. “The stories of entire families relying on one caregiver’s cell phone or public WiFi to complete assignments is troubling. While the loss of learning and economic opportunity is measurable, the inequity for students who only want a fair shot to learn is not. We remain committed to addressing this injustice,” Kadisha said. Maple hotspots eliminate the frustration associated with slow or ‘spotty’ service. Students in areas that struggle with broadband access, when utilizing Maple technology, can reliably access the Internet securely whenever and wherever they want. Devices switch between mobile carrier networks to provide the best possible signal. This benefit prevents disruptions that may arise with any carrier resulting from weather or technical issues. With Maple connections, the Internet is always available for students. About Maple Maple provides trusted technology solutions for schools, libraries, students, and educators that close the digital divide by delivering high-quality internet access and valuable educational experiences to students. Please visit https://www.mapleconnect.co/. ### For more information or to schedule an interview with a Maple spokesperson, contact Dan Rene of kglobal at daniel.rene@kglobal.com or 202-329-8357. Contact Details Dan Rene +1 202-329-8357 daniel.rene@kglobal.com Company Website https://www.mapleconnect.co/

May 20, 2022 10:30 AM Eastern Daylight Time

Velocity Global raises $400M in Series B growth round

Velocity Global

Eldridge and Norwest Venture Partners lead funding round Achieves multi-billion dollar valuation, a 7x increase in one year Investment boosts the company’s Global Work Platform™ that enables businesses and talent to work with anyone, anywhere, anyhow Velocity Global, the leading provider of global talent solutions, announced today that it raised $400 million in its Series B funding round, increasing the company’s valuation seven-fold since the same time last year. This second round of funding is led by Eldridge and Norwest Venture Partners which join Series A investor FFL Partners on Velocity Global’s board to lend their deep expertise in the areas of technology, future of work and global scale. The company retains majority ownership and founder Ben Wright continues as CEO and chair of the board of directors. “This is a pivotal moment for our company in the midst of a paradigm shift for employers and talent,” said Wright. “Access to work is no longer limited by borders or the star you are born under as the adoption of global talent accelerates. In March, we tripled the number of new supported talent on our platform compared to the same time last year, and the momentum continues to build. Eldridge and Norwest Venture Partners join FFL Partners to invest in people’s lives and the future of business. Massive kudos to our team for this achievement on our way to even greater heights.” Profitable since its founding in 2014, Velocity Global more than doubled its client roster over the past year, tripled the number of new supported talent on its platform, and will reach an annual net revenue run rate of $200 million by midyear as it continues to scale rapidly. “Velocity Global’s proven technology platform is positioned to transform the future of work, offering businesses a frictionless solution for building and expanding their teams,” said Todd Boehly, co-founder and CEO of Eldridge. “We are proud to partner with Ben and his team as demand continues to grow for best-in-class workforce solutions that support organizations looking to scale across the globe.” Parker Barrile, partner at Norwest Venture Partners, joins the Velocity Global board as a director. Barrile is the former vice president of product at LinkedIn who oversaw 20-fold growth as the company went public. “Velocity Global has a rare mix of scale, growth, and profitability that attracted us to be part of the next phase,” said Barrile. “The company is led by a strong leadership team with an ambitious roadmap, and we look forward to partnering with them as they accelerate the future of work.” The company’s Global Work Platform™ seamlessly connects employers and talent worldwide through proprietary cloud-based talent management technology, personalized expertise, and unmatched global scale. The platform offers a full suite of talent solutions, including global Employer of Record (EoR) and Contractor Management, to help thousands of companies compliantly onboard, manage, and pay full-time and part-time talent, contractors, and freelancers in more than 185 countries and all 50 United States. Velocity Global serves more than 1,200 clients and over 7,000 supported employees worldwide. The Velocity Global team is more than 700 employees strong in 47 countries across six continents with plans to more than double the number of employees by the end of the year. In 2021, the company successfully completed acquisitions of iWorkGlobal and Shield GEO that added capabilities to its Global Work Platform. Velocity Global will use the funds to continue enhancing the customer experience for both businesses and talent. The company will make further strategic investments in technology, sales and marketing, as well as potential future acquisitions to execute on its vision to provide a frictionless solution for businesses and talent to work with anyone, anywhere, anyhow. FT Partners served as exclusive strategic and financial advisor to Velocity Global on this transaction. About Velocity Global Velocity Global accelerates the future of work for anyone, anywhere, anyhow. Its Global Work Platform™ simplifies the employer and talent experience through its proprietary cloud-based talent management technology, backed by personalized expertise and unmatched global scale. The platform offers a full suite of talent solutions, including global Employer of Record and Contractor Management, to help companies onboard, manage, and pay talent in more than 185 countries and all 50 United States. Thousands of brands rely on Velocity Global to build international teams without the cost or complexity of setting up foreign legal entities or state registrations. Velocity Global was named a "Leader" in Global Employer of Record Services by prominent analyst firm NelsonHall. Founded in 2014, the company has hundreds of employees across six continents. For more information, visit velocityglobal.com. About Eldridge Eldridge invests in businesses across the Insurance, Asset Management, Technology, Mobility, Sports & Gaming, Media & Music, Real Estate, and Consumer landscapes. The firm seeks to build and grow businesses led by proven management teams that have demonstrated leadership and experience to scale an enterprise. Eldridge is headquartered in Greenwich, Connecticut, with additional offices in Beverly Hills, New York, and London. To learn more about Eldridge, please visit www.eldridge.com. About Norwest Venture Partners Norwest is a leading venture and growth equity investment firm managing more than $12.5 billion in capital. Since its inception, Norwest has invested in more than 650 companies and currently partners with more than 200 companies in its venture and growth equity portfolio. The firm invests in early- to late-stage businesses across a wide range of sectors with a focus on consumer, enterprise and healthcare. The Norwest team offers a deep network of connections, operating experience, and a wide range of impactful services to help CEOs and founders scale their businesses. Norwest has offices in Palo Alto and San Francisco, with subsidiaries in India and Israel. For more information, please visit www.nvp.com. Follow Norwest on Twitter @NorwestVP. Contact Details Corporate Communications Anja Koltes +1 720-650-4348 news@velocityglobal.com Eldridge Nadia Damouni +1 212-518-8012 ndamouni@prosek.com Norwest Venture Partners Kate Dishaw +1 650-321-8000 kdishaw@nvp.com Company Website https://velocityglobal.com/

May 18, 2022 07:01 AM Mountain Daylight Time

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viBe Theater Experience Walks the Talk and Promotes from Within

viBe Theater Experience

Contact Details Cheryl Overton +1 917-373-3514 cheryl@cheryloverton.com Company Website https://www.vibetheater.org

May 18, 2022 09:00 AM Eastern Daylight Time

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News Release

LegitWritingServices Launched a Website to Review Essay Writing Services

LegitWritingServices.com

LegitWritingServices.com is a company that allows students to read and contribute their own reviews about the academic writing / proofreading companies. By visiting LegitWritingServices.com, you can share your experiences to help other students make better choices and encourage companies to up their game. There’s more choice than ever when it comes to finding a service to proofread, write or edit your content. With the rising number of companies, it’s getting harder and harder to choose a legitimate one. LegitWritingServices.com is an independent review company that provides rankings and reviews of the market’s most popular writing, editing and proofreading services available online. Whether you’re looking for a professional proofreader to polish your dissertation, an expert to help you write a copy for your website or someone to copy-edit a lengthy research paper, you’ve come to the right place. The team behind LegitWritingServices.com professionally reviews and evaluates different services that write, edit and proofread essays, research papers, theses, dissertations and other types of academic assignments and written content in general. The company aims to help students around the world to make a better choice by providing the most recent information about popular services on the market and combating fake reviews. “The essay writing industry is suffering from biased reviews written by reputation management companies and businesses themselves. What these companies do is completely unethical, as they mislead and deceive potential customers by creating fake reviews. I think that every customer has the right to expect reviews of products and services to be authentic and credible. That’s why we’re here to help people avoid negative experiences and do the hard and extensive research so that they don’t have to.” says Adam Simon, founder of LegitWritingServices.com. The company bases its recommendations on real testing results. The team behind LegitWritingServices.com tests and analyzes key elements that make an essay writing service reliable. Among other things, they evaluate the price (value for money), ease of use, delivery time and quality of customer service of every company they review. Contact Details Adam Simon contact@legitwritingservices.com

May 17, 2022 02:29 PM Eastern Daylight Time

viBe Theater Experience Names New Co-Executive Directors Beryl Briane Ford and Michelan Le’Monier

viBe Theater Experience

viBe Theater Experience’s Board of Directors is pleased to announce the appointment of Beryl Briane Ford and Michelan Le’Monier as the organization’s new Executive Co-Directors. The organization has been under their interim leadership in this capacity since November 2021, and viBe’s Board unanimously approved their permanent appointments in March 2022. Ford and Le’Monier are well suited to lead viBe in its next chapter, having lived, institutional experience and demonstrated success in growing the organization’s operations, budget and programming. They are poised to shape, manage and inspire viBe's advancement as collaborators and in partnership with its talented staff and deeply committed Board of Directors and Junior Board. “I’m very ecstatic to be co-leading this organization with Beryl Briane! Ever since my participation in the viBeApprentices program in 2017, I knew that I wanted to contribute something to this community of artists and being in this position really brings my experiences as a participant and as a staff member full circle. As Co-Executive Director, my vision is for abundance to be a lifestyle, not a privilege for Black girls, young women, and femmes through art and wellness. viBe has grown immensely over the past few years and it’s my goal to continue to guide that growth with the support of our Board and Staff."- Michelan Le’Monier “I firmly believe that investing in the leadership of Black girls, young women, and gender expansive youth is one of many critical pathways to liberation. I am eager to build and sustain these pathways in my new role as Co-Executive Director. I came to viBe in October 2020 from The Museum of Modern Art with a desire to support viBe’s larger mission of creating safer spaces for youth to make art that’s deeply rooted in their lived experiences. It’s an honor to be amplifying their work alongside Michelan, viBe’s Staff & Board. I am thrilled to be co-leading an organization that’s responsible for nurturing the artistic & professional praxis of emerging artists, administrators, and educators. I look forward to continuing this legacy.”- Beryl Briane This shared leadership model is a living manifestation of viBe’s ethos of investing in and activating leadership opportunities for young people. So much of viBe’s work uniquely positions the organization in the larger nonprofit sector, cultivating pathways for program participants to become arts practitioners in the field, and leaders in their own right. In fact, the co-executive leadership model is not new to viBe – the organization was co-founded and led by Dana Edell and Chandra Thomas when they were both under the age of 25. Ford and Le’Monier look forward to continuing the organization’s nearly 20 year commitment to centering the voices of young Black women. Both Ford and LeMonier have tenured histories as leaders within viBe Theater Experience, having been trained and mentored by former Executive Director, Toya Lillard, as Development Associate and Operations Director respectively. “As Board Chair, I couldn’t be more proud of viBe’s growth and impact — and our new co-leaders are proof positive that our way WORKS! Inclusive and dynamic programming, an unwavering purpose, implicit trust in Black women, centering lived experiences and cultivating leaders from within is what we practice and preach.” Cheryl Overton Ford and LeMonier are committed to continuing viBe’s impact within the theater community both locally in NYC and nationally, bringing greater visibility and supporting more young people who seek to share their artistic genius with the world around them. They’re committed to deepening the organization’s advocacy work in its core areas of focus: racial equity, gender & healing justice, youth and women’s empowerment, and financial equity. Together, they will strive to ensure that viBe’s at the forefront of these issues through key partnerships with individuals, community and impact-oriented organizations, and mission-aligned corporations. With a clear vision for the present and a larger vision for viBe’s future, their appointment will preserve viBe’s historical impact while also leading the organization into a new era of growth. Their appointment demonstrates a deep commitment to centering Black women’s leadership in the arts. As an organization, viBe is dedicated to building pathways for the professional and artistic advancement of Black women. This appointment not only exemplifies this investment, it‘s also a clarion call to the larger community to consider and build up the systems and structures that will ensure the success and advancement of Black women in the arts. viBe Theater Experience produces original theater, music and media written and performed by NYC teens, young women and nonbinary youth of color about their lived experiences. For more information, visit www.vibetheater.org For downloadable high-resolution images, visit vibetheater.org/press-room Contact Details viBe Theater Experience Cheryl Overton, Board Chair +1 917-373-3514 cheryl@cheryloverton.com viBe Theater Experience viBe Marketing & Communications Team us@vibetheater.org Company Website https://www.vibetheater.org

May 17, 2022 08:00 AM Eastern Daylight Time

Steve Weber Reflects on 30 Years in Business As Minuteman Press Franchise Owner in Norwich, CT

Minuteman Press International Inc

Located at 595 W. Main Street, Minuteman Press in Norwich, Connecticut first opened in August 1992. Owner Steve Weber shares the following insights and advice as he reflects on celebrating 30 years in business: “I guess looking at it from the outside 30 years is quite an accomplishment, especially when you realize I was 40 years old when we started. I think that this milestone means it is almost time to retire. Our success can be attributed to a number of things. For the first 25 years, my wife and partner Gail helped grow the business and keep me on track. Since she has retired, I think our continued success can be attributed to surrounding myself with the best people as well as giving excellent customer service and evolving our business to meet the times. Our equipment and services have definitely evolved. Several years ago, we became an all-digital shop. We have invested in the equipment needed to provide excellent quality with the quick turnaround time our customers expect. We also have great suppliers who can provide old school offset printing when the job calls for it. We have expanded into the ad specialty market and learned the specifics of selling clothing. We have also invested in mailing equipment. This has been an excellent complement to our printing. We never sell a large printing job without asking, ‘What are you doing with this printing?’ Often, the answer has been we are mailing it. Providing mailing has earned us many new customers. Our community is relatively rural. We do not have any trade binderies to help support our business. To that end we have invested in our own bindery. We have a collator / booklet maker, as well as a perfect binder and a small die cutting unit. To complement the mailing services, we also have a folder inserter. We do over 100,000 business cards per month so we added a slitter cutter to automate that service. The machine is relatively slow but we have nicknamed it ‘set it and forget it.’ The person in bindery can set it up and do another job while it is running. We are proof that ‘print is dead’ is not truthful. Our customers still want business cards to hand out and annual reports to distribute. We also work with many nonprofits who have learned that the best return on fundraising is by mailing the information. Email just does not work to this end. Minuteman Press International has guided us every step of the way. From our first meeting with Roy Titus to now working with Nick Titus, we always feel comfortable. We have been fortunate to have Ron Rubin as our New England Regional Vice President. His wisdom and guidance have kept me focused on the goal of success. The proprietary software we used originally developed by Minuteman Press has also evolved. The current FLEX management software has been a great help especially when training employees in our company. We have been fortunate over the years to introduce more than a few other people into the Minuteman Press system. Our son Michael and his wife Lindsey now have 3 Minuteman Press locations of their own in Enfield, CT, Springfield, MA, and Brattleboro, VT. We did a mailing a number of years ago to the printers in our area. We have been able to acquire four different independent businesses who were competitors. It creates a win/win because the owners are typically retiring and they know their clients will be left in good hands. Lastly, this is not a business for an absentee owner. You must work in your business to succeed. After 30 years, I no longer work 50 hours/week, but I am still involved. My staff now does the heavy lifting but when we are bidding a large project, I appreciate them reaching out to me to utilize my years of experience.” For more information on Minuteman Press in Norwich, CT, visit https://minuteman.com/us/locations/ct/norwich/ Learn more about #1 rated Minuteman Press franchise opportunities at https://minutemanpressfranchise.com. Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

May 16, 2022 10:00 AM Eastern Daylight Time

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London’s UCL Edtech Labs chooses Toronto, Canada to launch inaugural Americas accelerator with Knowledgehook

UCL Edtech Labs

University College London’s (UCL) edtech accelerator programme called Edtech Labs has launched into the Americas today with their first cohort of startups inducted, and all set to begin the 12-week experience. In partnership with Knowledgehook, a leading fast growth Canada-based edtech, the programme will shine a spotlight on ambitious founders who see the importance of applying UCL’s robust research methods in building their products to reach tangible educational impact in a world of gamified and technology first edtechs. Innovative edtechs companies will join from across the continent, representing Canada, The United States, Mexico, Costa Rica, and more in the first group. Programme Director and Founder of UCL Edtech Labs, Houtan Froushan remarked: “We’re excited to bring our programme to the Americas via Toronto which is abuzz with edtech fever. This expansion embraces the many opportunities that become available through international collaborations and cooperation with innovators and developers around the world. It is estimated over the next 30 years, we will see a further 2 billion learners, so developing businesses and designing products with the learner at the heart is fundamental if we are to fulfil our joint purpose of improving education for everybody, everywhere.” The workshops will be led by experts who have trained hundreds of founders, while the teams will experience first-hand what a successful startup culture looks like, being hosted at the Knowledgehook offices and with access to insights from their team members. Knowledgehook has become UCL Edtech Labs’ partner in the Americas, encompassing North, Central and South America. The partnership will combine the innovative approach and regional-sector knowledge of Knowledgehook to the London learning innovations programme that has grown out of University College London. Newly appointed President of the Americas of UCL EdTech Labs, Qamar Qureshi said “We are proud of the establishment, and excited with the prospects, of this prestigious partnership. Our joint aim is to make Toronto not only the hub of research-backed technology solutions, but also a growth catalyst in the Americas as well as a launch pad for international businesses. The buzz and positivity across the sector both in Toronto and across the continent is encouraging, and we’re thrilled for this inauguaral cohort of edtech entrepeneurs. This partnership is a natural progression as it is through international cooperation, bringing differing perspectives and ideas to the forefront, that we will see this exciting ecosystem grow to fulfil the potential impact education has on the world, while leaving no learner behind.” “This new joint initiative will also help build and develop the flow of edtech investments to alternative markets. Last year we saw a 3X rise in venture funding in our sector compared to pre-pandemic levels, adding 17 new edtech unicorns for a total of 38 globally. With Toronto’s ecosystem of talent in research and engineering and our access to financial markets, attracting several tech giants to the city already, it has become the ideal environment for early-stage companies. This combination of academia and Big Tech has fostered innovative global collaborations, further justifying the need for this partnership as we marry cutting-edge and equitable research-proven technology with patient capital.” The cohort of twelve startups from all over the Americas are convening in Toronto, Canada and will be hosted at the Knowledgehook offices. The 12-week programme will consist of applying the UCL Edtech Labs’ research-focused method to their products and ventures, expert and academic mentoring and a range of community events. The programme culminates in a Demo Day, where participants will pitch to investors, publishers and policy makers. CEO and Co-Founder of Knowledghook,Travis Ratnam acknowledged the importance of this new partnership: “From day one, Houtan and his team have strived to reach the same objective of enabling an evidence-led approach to product development to gain greater impact and visibility into a global scenario. “Both organisations strongly believe that only with alliances between Edtech ventures and grounded research-based academic support can we drive the global ecosystem to promote innovation in a way that meets the needs of the learner.” About UCL Edtech Labs UCL Edtech Labs is a UCL-led programme that connects the learning innovations community to the world’s best educational research and entrepreneurial practice, developing and growing the brightest learning and teaching innovators whose visions are to fundamentally reshape how people learn. Its pioneering approach aims to build and develop world-class EdTech products and services, based on what works for teachers and learners. Enabling entrepreneurs to develop and grow, creating the very best products that are tried and tested with the learner at the heart. UCL Edtech labs is supported by Santander Universities, AWS, OneValley and IDEALondon, and is in an alliance with University College London. For further information visit www.UCLedtechlabs.com About Knowledgehook Knowledgehook is a leading Canadian-based educational technology company that actively collaborates with governments around the world while also working directly with districts and schools to offer curriculum-aligned education STEM solutions in English, French, and Spanish. The company currently empowers teachers in more than 150,000 schools. In 2023, it is anticipated the solution will reach 50,000,000 students globally. Winner of Google’s Game Changer Award and named Top Disruptor by BNN, its platform analyses student understanding through engaging assessments, providing real-time personalised solutions to close learning gaps between classroom teaching and at-home learning. Designed by leading numeracy and research experts, Knowledgehook’s Instructional Guidance System is known for reinventing how online technology supports education and educators while inspiring the problem solvers of tomorrow. For further information visit: www.Knowledgehook.com or follow us on LinkedIn, Facebook or Twitter Contact Details UCL Edtech Labs Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.ucledtechlabs.com/

May 12, 2022 07:30 AM Eastern Daylight Time

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City Produce Joins FreshEdge

FreshEdge

INDIANAPOLIS – FreshEdge, a family of produce and specialty food companies backed by Rotunda Capital Partners, acquired City Produce, a fresh food distributor headquartered in Fort Walton Beach, Florida. For many years, City Produce has been serving North Central Florida, the Florida Panhandle, and central to southern Alabama distributing fresh fruits and vegetables, including an array of fresh-cut offerings, dairy, meats, seafoods, specialty foods, and more. City Produce operates out of two facilities, one in Fort Walton Beach, and a second in Foley, Alabama. The addition expands FreshEdge’s footprint into the southern United States and provides space and logistical support to better serve its customer base as it spreads farther south. City Produce joins Piazza Produce & Specialty Foods, Indianapolis Fruit, Get Fresh Produce, McCartney Produce, Monteverde’s, Valley Produce, Vine Line, Garden Cut, CIBUS Fresh and Papania’s. FreshEdge now operates with more than 2,000 employees, approximately 808,500 square feet of warehouse space, and a fleet of more than 720 trucks. “We welcome Tommy Sundy and his amazing team to the FreshEdge family of companies,” said Steve Grinstead, CEO of FreshEdge. “We are excited for this great company to join FreshEdge as we expand farther into the Southeast.” Terms of the deal, which closed on May 10, 2022, were not disclosed. The transaction strengthens the combined business’s presence in Florida and southern Alabama. “City Produce will be a great addition to our expanding group of ‘best in class’ fresh food distribution companies,” said Greg Corsaro, president and COO of FreshEdge. “We look forward to Tommy’s continued leadership at City Produce.” “Our City Produce team is excited to join the FreshEdge family - knowing we’ll be ‘better together’,” said Tommy Sundy, president. “This is the next step in increasing our footprint, serving customers with expanded offerings and growing for our future.” FreshEdge is backed by Rotunda Capital Partners, a lower middle market private equity firm focused on investments in founder and family held companies. Rotunda seeks to provide opportunities for management teams to reach strategic, financial, and operational objectives. Rotunda entered the food business in 2017 with the acquisition of Indianapolis Fruit and Piazza Produce. FreshEdge was created in 2019 when Get Fresh Produce joined the platform. City Produce represents FreshEdge’s seventh acquisition since Rotunda’s initial investment. Together, Rotunda and FreshEdge intend to continue expanding FreshEdge by welcoming more companies into the group—all focused on high quality produce and specialty food products, along with exceptional service—to create a unique group of complementary entities. About FreshEdge FreshEdge was formed in 2019 through the combination of Get Fresh Produce (founded 1982) and the IF&P Foods family of companies, primarily composed of Indianapolis Fruit (founded 1947) and Piazza Produce (founded 1970). McCartney Produce (Paris, TN) joined the FreshEdge family in November 2020 followed by Valley Produce (Knoxville, TN) in June 2021, Vine Line (Grand Rapids, MI) in October 2021, and Monteverde's (Pittsburgh, PA) in November 2021. Collectively, these leading fresh food distribution companies have nearly 500 years of combined experience serving the grocery and food service industries. FreshEdge includes two Garden Cut branded fresh-cut processing facilities, a tomato re-packer, a USDA fresh kitchen (CIBUS Fresh), and two transportation companies. FreshEdge's fleet resource includes more than 720 trucks servicing the Midwest and beyond from 12 facilities totaling approximately 808,500 square feet of warehouse space. Today, FreshEdge is one of the largest independent fresh food distributors in the United States and a category leader in providing both the foodservice and retail industries with fruit, vegetables, proteins, fresh grab-n-go offerings, dairy, floral, and specialty products. For more information, visit www.freshedgefoods.com. About Rotunda Capital Partners Rotunda Capital Partners is an operationally oriented private equity firm focused on transforming family-founder owned companies into dynamic, data-driven platforms able to achieve and manage significant growth. Since its founding in 2009, Rotunda has partnered with management teams to build great businesses within three primary sectors: value-added distribution, asset-light logistics and industrial & business services. Rotunda strives to achieve replicable results by implementing its Rotunda Performance System to create strategic alignment, develop lean processes and create robust, data-driven infrastructures. For more information, visit www.rotundacapital.com. Contact Details FreshEdge Greg Corsaro +1 317-981-3440 gcorsaro@freshedgefoods.com Rotunda Capital Partners Jill Lafferty +1 847-280-1295 jill@rotundacapital.com Company Website https://www.freshedgefoods.com/

May 11, 2022 07:43 AM Eastern Daylight Time

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