Monthly Archives: December 2019

XSport Global, Inc Announces New Platform Aimed to Transform the Sports Industry

NEWPORT BEACH, CA / ACCESSWIRE / December 23, 2019 / XSport Global, Inc (OTCQB:XSPT)

Dear XSPT Shareholders:

XSport Global Inc. announces the BETA launch and development of our new and transformative sports centric social media platform XSPORTCONNECT. The XSPORTCONNECT mobile app and social media platform levels the playing field creating an opportunity for everyone in the sports world to promote themselves, connect, share and follow their favorite athlete, team or sport under one roof. The platform is designed to work with existing sports league management software and current social media platforms. XSPORTCONNECT.com is the first of many new products and services to be introduced in 2020 by our team operating from the XSport Global Innovative Center located in Irvine California.

The XSPORTCONNECT platform and mobile app provides end to end interactive access to the sports industry, from cheerleading to motorsports and every sport in between. Join, customize your profile with stats and highlight reels, connect with high schools, colleges, recruiters, coaches, fans, and athletes to propel your career forward. Every profile has a designation and allows the user to maximize the platform based upon their affiliation and personal goals. Find a job in the sports world, get recruited, find a trainer, searching for unknown talent, find a nutritionist, follow your favorite teams, athletes, and other XSPORTCONNECT users, build a fan base, post opportunities, become an influencer, or land a sponsor.

The opportunities are endless on this platform. Ultimately, if LinkedIn and Instagram had an athletic baby it would be XSport Connect. From youth athletes to professional, we have you covered!

For a video presentation, visit XSPORTCONNECT VIDEO.

Here's a list of a few COMPETITIVE ADVANTAGES with XSPORTCONNECT.com

The ONLY sports focused social media platform and mobile app
First social media platform that allows users to monetize their data
Unique affiliate program to expand early platform engagement
Allows for a more personalized fan-base experience for both Team and individual athlete
Platform supports and is preloaded with leading edge cognitive gaming
Simple integration and expansion for new acquisitions and strategic partnerships
Personalized shopping cart with sub account and tracking capabilities

Finally, we have assembled a team of experts in their respective fields. We have retained a CFA Chief Financial Advisor whose key responsibility will be funding for all revenue channels. A CTO has been retained to build the technology to connect all the products and a top sales executive has been finalized to build the relationships of companies and athletes for the launch of these products. We anticipate a new BETA by April of 2020.

New additions will be announced in first quarter of 2020. The combination of strong employee intelligence, key acquisitions and brand ambassadors will launch us towards an exciting and successful 2020. To be a part of the XSPORTCONNECT BETA launch, visit XSPORTCONNECT.

Going forward:

We will continue to share pertinent information as quickly as possible. We welcome you emails to our investor@xsportglobal.com or info@xsportglobal.com. We look forward to a seamless and uninterrupted transition and to a bright future together and welcome the new executives, employees, and customers to the XSport Global 2.0 family. Their experience will help us continue delivering the innovations that will position the Company for success and create long term value for our shareholders.

Thank you for your ongoing support.

Ray Mariorenzi
CEO, and President XSport Global Inc.

About XSport Global, Inc.

XSport Global, Inc. (OTCQB: XSPT) is a leading youth and collegiate sports technology and media holding company focused on developing disruptive sports-centric technologies and related media projects around the world, where sports industries, fans and players are highly regarded. Backed by a roster of professional athletes and brand ambassadors, we seek to help athletes achieve their full potential through cognitive training, careers, genetics, recruiting and more. Visit www.xsportglobal.com and www.headtrainer.com for more information.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995.

Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan," "should," "would" or similar words. You should consider these statements carefully because they discuss our plans, targets, strategies, prospects and expectations concerning our business, operating results, financial condition and other similar matters. These statements are subject to certain risks, uncertainties, and assumptions, including, but not limited to, risks and uncertainties relating to the Company's ability to develop, market and sell products and services, based on its technology; the expected benefits and efficacy of the Company's products, services and technology; the availability of additional funding for the Company to continue its operations and to conduct research and development, and future product commercialization; and, the Company's business, research, product development, regulatory approval, marketing and distribution plans and strategies; the ability of the Company to execute on a business plan that permits the technologies and innovations businesses to provide sufficient growth, revenue, liquidity and cash flows for sustaining the Company's go-forward business, and the risks identified and discussed under the caption "Risk Factors" in the XSport GlobalX's Annual Report filed with the Securities and Exchange Commission (the "SEC") and the other documents XSport Global files with the SEC from time to time. There will be events in the future, however, that XSport Global is not able to predict accurately or control. XSport Global's actual results may differ materially from the expectations that XSport Global describes in its forward-looking statements. Factors or events that could cause XSport Global's actual results to materially differ may emerge from time to time, and it is not possible for XSport Global to accurately predict all of them. Any forward-looking statement made by XSport Global in this press release speaks only as of the date on which XSport Global makes it. XSport Global undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Contacts

Media Relations Dept.
XSport Global Corporate
(949) 371-5558
Info@xsportglobal.com

Investor Relations
Lester "LJ" Steptoe Jr.
(949) 468-0075
Investor@xsportglobal.com

SOURCE: XSport Global Corporate

ReleaseID: 571159

YayYo, Inc. Announces Results for Third Quarter 2019

Quarterly revenue up 95.0% year over year to $1,718,439

Nine-month revenue up 170.7% or $3,275,481 to $5,193,957 year over year

Net quarterly loss down 94.1% or $5,944,463 to $370,655 year over year

Geographic footprint increased to eight US Rideshare Rentals locations through Q3

$10.5M IPO proceeds used to reduce corporate debt and accelerate both vehicle deployment and geographic footprint growth to 12 cities as of December, 2019

BEVERLY HILLS, CA / ACCESSWIRE / December 23, 2019 / YayYo, Inc. ("YayYo" or "the Company") (NASDAQ:YAYO), a leading provider of vehicles to the rideshare industry, through its wholly-owned subsidiary, Rideshare Car Rentals, LLC, today announced financial results for the quarter ended September 30, 2019.

"Our November IPO and subsequent public announcements represent the most recent data; however, the September quarter-end has important highlights including increased gross margins and year-over-year growth." Commented Jon Rosen, CEO. "We're pleased with the acceleration of auto inventory enabled by our Initial Public Offering in November. The IPO significantly reduced our debt and allowed us to generate valuable operating capital to rapidly acquire and deploy vehicles. We have a simple, strategic business model serving a massive and growing gig-economy. We operate with strong unit economics supporting robust demand among rideshare and delivery drivers." He added, "We expect the optimization of our balance sheet from the IPO to fuel near-term US footprint expansion, increase vehicle inventories, approach profitability and lead the market in 2020."

Third Quarter 2019 Highlights

Increase in revenue due to additional cars in fleet
Gross margin improved to 38% compared to 28% for the third quarter of 2018 due to fleet mix optimization and demand-driven pricing
Additional revenues and higher gross margin led to lower net quarterly loss
Deployment of vehicles into 8 key US geographical markets
Pre-IPO 350 vehicle rental fleet size with an approximate 40% gross margins per transaction

Additional

YayYo recently opened offices in Miami, Dallas, Hoboken, Seattle, Chicago and San Diego
YayYo completed a post-IPO acquisition of a rental fleet extending the company's reach to the New Jersey ridesharing market.
The company diversified its lease partners to include United MileFleet and LMP Automotive Holdings. The partnership with LMP also included fleet sourcing, adding to the company's vehicle diversity and faster, regional availability of cars for our rental fleet.

Our operations are organized into rideshare operations and fleet management.

Rideshare

Rideshare Car Rentals LLC, our wholly-owned subsidiary, is an online rideshare vehicle booking platform to service the ridesharing economy which includes both our owned-fleet and third party fleets..

Fleet Management

Distinct Cars LLC, our wholly-owned subsidiary, maintains a fleet of passenger vehicles that are commercially available for rent by gig-economy drivers.

About YayYo, Inc.

YayYo bridges the gap between rideshare drivers needing a suitable vehicle and rideshare companies that depend on attracting and keeping drivers. YayYo uniquely supports drivers in both the higher and lower economic categories with innovative policies and programs. YayYo seeks to become the preeminent provider of rental vehicles to drivers in the ever-expanding ridesharing economy.

YayYo Inc provides SEC filings, investor events, press and earnings releases, about our financial performance, on the investor relations section of our website (yayyo.com).

Forward-Looking Statement Disclaimer

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this press release are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the company cautions investors that actual results may differ materially from the anticipated results.

Contact:

Jon Rosen
CEO, Yayyo & Rideshare Rentals
Phone: 310 734-7406
Email: jon@yayyo.com

Public Relations Contact:

MJ Clyburn
TraDigital IR
Phone: 212 389-9782 x 101
Email: clyburn@tradigitalir.com

## Financial Tables to Follow ##

YAYYO, INC.
 
 

CONDENSED CONSOLIDATED BALANCE SHEETS
 
 

As of September 30, 2019 and December 31, 2018
 
 

 
 
 

 

 
September 30,
 
 
December 31,
 

 

 
2019
 
 
2018
 

 

 
(unaudited)
 
 
 
 

ASSETS

 
 
 
 
 
 

 

 
 
 
 
 
 

Current Assets:

 
 
 
 
 
 

Cash

 
$
81,340
 
 
$
277,444
 

Accounts receivable

 
 
78,643
 
 
 

 

Prepaid expenses

 
 
107,506
 
 
 
108,900
 

Total current assets

 
 
267,489
 
 
 
386,344
 

 

 
 
 
 
 
 
 
 

Equipment, net

 
 
4,881
 
 
 
5,092
 

Leased assets, net

 
 
4,125,845
 
 
 
5,115,117
 

Deferred offering costs

 
 
93,000
 
 
 
66,500
 

 

 
 
 
 
 
 
 
 

TOTAL ASSETS

 
$
4,491,215
 
 
$
5,573,053
 

 

 
 
 
 
 
 
 
 

LIABILITIES AND STOCKHOLDERS' DEFICIT

 
 
 
 
 
 
 
 

Current Liabilities:

 
 
 
 
 
 
 
 

Accounts payable

 
$
325,928
 
 
$
719,386
 

Accrued expenses

 
 
770,084
 
 
 
494,066
 

Notes payables, current (net of discount of $42,351 and $72,211)

 
 
3,631,478
 
 
 
2,617,970
 

Finance lease obligations, current

 
 
1,358,002
 
 
 
1,562,651
 

Total current liabilities

 
 
6,085,492
 
 
 
5,394,073
 

 

 
 
 
 
 
 
 
 

Finance lease obligations, net of current portion

 
 
1,147,409
 
 
 
2,227,496
 

 

 
 
 
 
 
 
 
 

TOTAL LIABILITIES

 
 
7,232,901
 
 
 
7,621,569
 

 

 
 
 
 
 
 
 
 

Commitments and contingencies

 
 

 
 
 

 

 

 
 
 
 
 
 
 
 

STOCKHOLDERS' DEFICIT

 
 
 
 
 
 
 
 

Preferred stock, $0.000001 par value; 10,000,000 shares authorized; nil shares issued and outstanding

 
 

 
 
 

 

Common stock, $0.000001 par value; 90,000,000 shares authorized; 26,802,803 and 26,718,676 shares issued and outstanding

 
 
27
 
 
 
27
 

Additional paid-in capital

 
 
19,867,551
 
 
 
19,193,151
 

Accumulated deficit

 
 
(22,609,264
)
 
 
(21,241,694
)

Total stockholders' deficit

 
 
(2,741,686
)
 
 
(2,048,516
)

TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT

 
$
4,491,215
 
 
$
5,573,053
 

YAYYO, INC.
 
 

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
 
 

For the Three and Nine Months Ended September 30, 2019 and 2018 (unaudited)
 
 

 
 
 

 

 
Three Months Ended September 30,
 
 
Nine Months Ended September 30,
 

 

 
2019
 
 
2018
 
 
2019
 
 
2018
 

 

 
 
 
 
 
 
 
 
 
 
 
 

Revenue

 
$
1,718,439
 
 
$
881,061
 
 
$
5,193,957
 
 
$
1,918,476
 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Cost of revenue

 
 
1,067,373
 
 
 
632,681
 
 
 
3,111,614
 
 
 
1,360,305
 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Gross profit

 
 
651,066
 
 
 
248,380
 
 
 
2,082,343
 
 
 
558,171
 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Operating expenses:

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Selling and marketing expenses

 
 
80,039
 
 
 
34,500
 
 
 
182,645
 
 
 
125,995
 

Product development

 
 

 
 
 

 
 
 

 
 
 
9,699
 

General and administrative expenses

 
 
761,151
 
 
 
1,687,231
 
 
 
2,221,962
 
 
 
5,660,146
 

Impairment of leased assets

 
 

 
 
 
732,000
 
 
 

 
 
 
732,000
 

Loss on the settlement of debt

 
 

 
 
 

 
 
 
252,900
 
 
 

 

Total operating expenses

 
 
841,190
 
 
 
2,453,731
 
 
 
2,657,507
 
 
 
6,527,840
 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Loss from operations

 
 
(190,124
)
 
 
(2,205,351
)
 
 
(575,164
)
 
 
(5,969,669
)

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Other income (expense):

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Interest and financing costs

 
 
(180,531
)
 
 
(4,109,767
)
 
 
(792,406
)
 
 
(4,490,639
)

Total other income (expense)

 
 
(180,531
)
 
 
(4,109,767
)
 
 
(792,406
)
 
 
(4,490,639
)

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Net loss

 
$
(370,655
)
 
$
(6,315,118
)
 
$
(1,367,570
)
 
$
(10,460,308
)

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Weighted average shares outstanding :

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Basic

 
 
26,802,803
 
 
 
26,501,331
 
 
 
26,774,636
 
 
 
26,226,596
 

Diluted

 
 
26,802,803
 
 
 
26,501,331
 
 
 
26,774,636
 
 
 
26,226,596
 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Loss per share

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Basic

 
$
(0.01
)
 
$
(0.24
)
 
$
(0.05
)
 
$
(0.40
)

Diluted

 
$
(0.01
)
 
$
(0.24
)
 
$
(0.05
)
 
$
(0.40
)

YAYYO, INC.
 
 

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT
 
 

For the Nine Months Ended September 30, 2019 and 2018 (unaudited)
 
 

 
 
 

 

 
 
 
 
 
 
 
Additional
 
 
 
 
 
Total
 

 

 
Common Stock
 
 
Paid-in
 
 
Accumulated
 
 
Stockholders'
 

 

 
Shares
 
 
Amount
 
 
Capital
 
 
Deficit
 
 
Deficit
 

Balance, December 31, 2018

 
 
26,718,676
 
 
$
27
 
 
$
19,193,151
 
 
$
(21,241,694
)
 
$
(2,048,516
)

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Correction to outstanding shares

 
 
(173
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 

Issuance of common stock for settlement of debt

 
 
84,300
 
 
 
 
 
 
 
674,400
 
 
 
 
 
 
 
674,400
 

Net loss

 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1,367,570
)
 
 
(1,367,570
)

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Balance, September 30, 2019 (unaudited)

 
 
26,802,803
 
 
$
27
 
 
$
19,867,551
 
 
$
(22,609,264
)
 
$
(2,741,686
)

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Balance, December 31, 2017

 
 
25,770,551
 
 
 
26
 
 
 
7,879,189
 
 
 
(8,052,572
)
 
 
(173,357
)

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Issuance of common stock for cash

 
 
46,330
 
 
 
 
 
 
 
307,924
 
 
 
 
 
 
 
307,924
 

Value of common stock issued with notes payable

 
 
155,850
 
 
 
 
 
 
 
407,791
 
 
 
 
 
 
 
407,791
 

Value of warrants issued with notes payable

 
 
 
 
 
 
 
 
 
 
3,726,506
 
 
 
 
 
 
 
3,726,506
 

Value of common stock issued with capital lease obligation

 
 
91,500
 
 
 
 
 
 
 
732,000
 
 
 
 
 
 
 
732,000
 

Issuance of common stock for services

 
 
432,500
 
 
 
1
 
 
 
3,459,999
 
 
 
 
 
 
 
3,460,000
 

Issuance of common stock for accounts payable

 
 
14,945
 
 
 
 
 
 
 
119,274
 
 
 
 
 
 
 
119,274
 

Stock option expense

 
 
 
 
 
 
 
 
 
 
678,351
 
 
 
 
 
 
 
678,351
 

Net loss

 
 
 
 
 
 
 
 
 
 
 
 
 
 
(10,460,308
)
 
 
(10,460,308
)

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Balance, September 30, 2018 (unaudited)

 
 
26,511,676
 
 
$
27
 
 
$
17,311,034
 
 
$
(18,512,880
)
 
$
(1,201,819
)

YAYYO, INC.
 
 

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
 
 

For the Nine Months Ended September 30, 2019 and 2018 (unaudited)
 
 

 
 
 

 

 
2019
 
 
2018
 

CASH FLOWS FROM OPERATING ACTIVITIES:

 
 
 
 
 
 

Net loss

 
$
(1,367,570
)
 
$
(10,460,308
)

Adjustments to reconcile net loss to net cash used in operating activities:

 
 
 
 
 
 
 
 

Depreciation and amortization

 
 
730,610
 
 
 
313,051
 

Stock option expense

 
 

 
 
 
678,351
 

Common stock issued for services

 
 

 
 
 
3,460,000
 

Amortization of debt discounts

 
 
29,860
 
 
 
4,366,180
 

Gain on disposal of assets

 
 

 
 
 
(17,360
)

Impairment of leased assets

 
 

 
 
 
732,000
 

Loss on the settlement of debt

 
 
252,900
 
 
 

 

Changes in operating assets and liabilities:

 
 
 
 
 
 
 
 

Accounts receivable

 
 
(78,643
)
 
 
(17,051
)

Prepaid expenses

 
 
1,394
 
 
 
(1,972
)

Accounts payable

 
 
(419,958
)
 
 
76,916
 

Accrued expenses

 
 
697,518
 
 
 
171,432
 

Net cash used in operating activities

 
 
(153,889
)
 
 
(698,761
)

 

 
 
 
 
 
 
 
 

CASH FLOWS FROM INVESTING ACTIVITIES:

 
 
 
 
 
 
 
 

Purchase of equipment

 
 

 
 
 
(2,840
)

Net cash used in investing activities

 
 

 
 
 
(2,840
)

 

 
 
 
 
 
 
 
 

CASH FLOWS FROM FINANCING ACTIVITIES:

 
 
 
 
 
 
 
 

Proceeds from sale of common stock

 
 

 
 
 
307,924
 

Proceeds from notes payable

 
 
1,951,300
 
 
 
7,346,378
 

Repayment of note payable

 
 
(967,652
)
 
 
(6,024,041
)

Payment for debt issuance costs

 
 

 
 
 
(178,228
)

Repayment of finance lease obligations

 
 
(1,025,863
)
 
 
(599,670
)

Net cash provided by (used in) financing activities

 
 
(42,215
)
 
 
852,363
 

NET INCREASE (DECREASE) IN CASH

 
 
(196,104
)
 
 
150,762
 

CASH, BEGINNING OF PERIOD

 
 
277,444
 
 
 
308,738
 

CASH, END OF PERIOD

 
$
81,340
 
 
$
459,500
 

CASH PAID FOR:

 
 
 
 
 
 
 
 

Interest

 
$
715,250
 
 
$
75,455
 

Income taxes

 
$

 
 
$

 

SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES

 
 
 
 
 
 
 
 

Payment of accounts payable/accrued expenses with common stock

 
$
421,500
 
 
$
119,274
 

Value of equity recorded as debt discounts

 
$

 
 
$
4,134,297
 

Finance lease obligations

 
$
510,136
 
 
$
1,228,067
 

SOURCE: YayYo Inc.

ReleaseID: 571152

Datasea to Ring NASDAQ Stock Market Opening Bell on Friday, December 27, 2019 in Celebration of Listing Anniversary

BEIJING, CHINA / ACCESSWIRE / December 23, 2019 / Datasea Inc. (NASDAQ:DTSS) ("Datasea"), a technology company engaged in providing smart security solutions and developing education-related technologies in China, announced today that Datasea's Chairwoman and CEO Mrs. Zhixin Liu and Director Mr. Fu Liu will be joined by other members of the company's leadership team to ring the opening bell of the NASDAQ Stock Market on Friday, December 27, 2019, at 9:30 a.m. Eastern time to celebrate its listing anniversary.

"We are honored to ring the opening bell in celebration of Datasea's listing anniversary on NASDAQ. This symbolizes an important milestone in our development of better and more effective smart security solutions and education-related products. We also want to express our gratitude to all the investors and shareholders for their ongoing support, and for joining with us in what we believe will be an exciting future." said Mrs. Zhixin Liu, Datasea's Chairwoman and CEO.

The opening bell ringing ceremony will be held at the Nasdaq MarketSite in New York City's Times Square and can be viewed live online at https://new.livestream.com/nasdaq/live, and live on Facebook at http://Facebook.com/Nasdaq.

About Datasea Inc.

Datasea is a technology company in China engaged in providing smart security solutions and developing education-related technologies. Datasea leverages its proprietary technologies, intellectual property, innovative products and market intelligence to provide comprehensive and optimized security solutions and education-related technologies to its clients. Datasea has been certified as one of the Zhongguancun High Tech Enterprises in recognition of its achievement in high technology products. Datasea's security and technology engineers and experts create, design, build and run various security systems and education technologies tailored to its clients' needs. Through its professional team and strong expertise in the industry, Datasea offers its clients a broad portfolio of security solutions, along with strategic advice and ongoing management of their security infrastructure, and digital education tools or programs. For additional company information, please visit: ir.shuhaixinxi.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "going forward," "outlook" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond Datasea's control, which may cause Datasea's actual results, performance or achievements to differ materially and in an adverse manner from anticipated results contained or implied in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in Datasea's filings with the U.S. Securities and Exchange Commission, which are available at www.sec.gov. Datasea does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

Investor and Media Contact:

International Elite Capital Inc.
Annabelle Zhang
Telephone: +1(646) 866-7989
Email: Datasea@iecapitalusa.com

SOURCE: Datasea Inc.

ReleaseID: 570982

American Battery Metals Corporation Analyzing Production of Sodium Carbonate Reserves in Railroad Valley, Nevada

INCLINE VILLAGE, NV / ACCESSWIRE / December 23, 2019 / American Battery Metals Corporation (OTCQB:ABML) (the "Company"), a premier battery metal exploration and development and battery recycling company based in Nevada, today discussed company efforts to produce sodium carbonate from Railroad Valley in the Western Nevada Basin.

"Our extensive analysis of the Western Nevada Basin, in particular the vast Railroad Valley, indicates significant reserves of sodium carbonate, or soda ash," said American Battery Metals Corporation Chief Executive Officer Doug Cole. "American Battery Metals Corporation is currently conducting laboratory testing of sodium carbonate from Railroad Valley drill hole samples in an effort to optimize sodium carbonate extraction processes. Further analysis is ongoing."

Sodium carbonate has many commercial and industrial applications, mainly in glass manufacturing, dry detergents, specialty chemicals and pharmaceuticals, the food industry, metallurgy, and textile & dye manufacturing. Asia is the largest sodium carbonate market for production and consumption. The United States is the second largest sodium carbonate producing country globally.

The global soda ash market is expected to witness explosive growth of ~23.1 billion USD by 2022 with CAGR of ~4.9% between 2016 to 2022.

American Battery Metals Corporation

American Battery Metals Corporation (www.batterymetals.com) (OTCQB:ABML) is a premier battery metal exploration and development company based in Nevada. The company is focused on its Railroad Valley battery metal project in Nevada with the goal of becoming a substantial domestic supplier of battery metals to the increasing electric vehicles and battery storage markets in America.

For more information, please visit:www.batterymetals.com

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including those with respect to the expected project economics for Western Nevada Basin (Railroad Valley), including estimates of life of mine, average production, cash costs, AISC, initial CAPEX, sustaining CAPEX, pre-tax IRR, pre-tax NPV, net cash flows and recovery rates, the impact of self-mining versus contract mining, the timing to obtain necessary permits, the submission of the project for final investment approval and the timing of initial gold production after investment approval and full financing, metallurgy and processing expectations, the mineral resource estimate, expectations regarding the ability to expand the mineral resource through future drilling, ongoing work to be conducted at the Western Nevada Basin (Railroad Valley), and the potential results of such efforts, the potential commissioning of a Pre-Feasibility study and the effects on timing of the project, are "forward-looking statements." Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, interpretations or reinterpretations of geologic information, unfavorable exploration results, inability to obtain permits required for future exploration, development or production, general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices, final investment approval and the ability to obtain necessary financing on acceptable terms or at all. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company's filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the year ended September 30, 2018. The Company assumes no obligation to update any of the information contained or referenced in this press release.

Contact Information

p775-473-4744
info@batterymetals.com

SOURCE: American Battery Metals Corp.

ReleaseID: 571144

Glance Technologies Announces Permanent CEO

VANCOUVER, BC / ACCESSWIRE / December 23, 2019 / Glance Technologies Inc. (CSE:GET)(OTCQB:GLNNF)(FKT:GJT) ("Glance" or the "Company") today announced that its board of directors has named Jonathan Hoyles as Chief Executive Officer. Mr. Hoyles has served as the Company's Interim CEO since June 2019 and previously held the role of Glance's Chief Commercial Officer and General Counsel since June 2018.

"Jonathan has led Glance through a period of significant change where difficult decisions and strong leadership were required," said Kirk Herrington, Chairman of Glance Technologies. "After careful consideration, the Board has determined that Jonathan is the right leader to execute on the Company's new strategy to re-launch Glance's updated customer loyalty and mobile payments platform. Jonathan has an in-depth knowledge of the products, technology, and the vision to see where and how the Company will be able to grow ¾ not only its presence but its revenue while rebuilding shareholder value."

Prior to joining Glance two years ago, Mr. Hoyles was Vice President, Legal & General Counsel at Skidmore Group. While there, he played a key role in growing the company's business and facilitated the sale of a key holding, along with its international franchise operations. His background also includes practicing law at two of Canada's leading international law firms and he has significant experience working on venture capital investments, public market financings and mergers and acquisitions.

"As Interim CEO, I took the helm at a time when the Company was facing intense scrutiny and change," said Hoyles. "In the last six months, we have increased our focus on the right technology platform and target markets, significantly reduced costs, added key staff to help us grow our business and have been preparing for a relaunch of our brand. I will continuously look at ways to strengthen the Company's performance and management team and ensure we're all committed to the Company's success. With the majority of the legacy challenges behind us, I am excited about the future: our brand refresh, our efforts to add new customers and expand our market."

About Glance Technologies

Vancouver-based Glance Technologies is the parent company of Glance Pay (https://glancepay.com), a streamlined mobile payment app and loyalty management platform that provides fast, frictionless payments and digital rewards, resulting in a better customer experience. Glance Pay has established a foothold in the full-service restaurant sector where the platform enables merchants to not only accept in-dining mobile payments, but also automate loyalty, and instantly deliver rewards to customers based on their purchasing patterns.

For more information, contact:
Jonathan Hoyles
Chief Executive Officer
833-338-0299
investors@glancepay.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This press release contains forward-looking information or forward-looking statements (collectively "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: "may", "believe", "thinks", "expect", "exploring", "expand", "could", "anticipate", "intend", "estimate", "plan", "pursue", "potentially", "projected", "should", "will" and similar expressions, or are those, which, by their nature, refer to future events. These forward-looking statements, which involve risks and uncertainties, relate to, among other things, the discussion of Glance's business strategies and its expectations concerning future operations, the expectation that there will be significant opportunities for Glance to grow its presence, revenue and shareholder value, the expectation that Glance will strengthen its performance, and execution of the Glance's brand refresh and efforts to add new customers and expand its market. Although Glance considers these forward-looking statements to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors include, among other things. For additional information with respect to these and other factors and assumptions underlying the forward-looking statements in this press release, see the section entitled "Risk Factors" in the most recent Annual Information Form and Prospectus of Glance, which may be accessed through Glance's profile on SEDAR at www.sedar.com. Glance cautions investors that any forward-looking information provided by Glance is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking statements. Undue reliance should not be placed on such forward-looking information, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur.

SOURCE: Glance Technologies

ReleaseID: 571146

Multiple California Agencies to Deploy Wrap Technologies’ BolaWrap

Sacramento PD and El Segundo PD join LAPD, Santa Cruz Sheriff's Office and others in BolaWrap Deployment

TEMPE, AZ / ACCESSWIRE / December 23, 2019 / Wrap Technologies, Inc. (the "Company" or "Wrap") (NASDAQ:WRTC), an innovator of modern policing solutions, reported that more than 15 police departments in California have received BolaWrap training as of December 22, 2019, and many are moving towards field deployment in early 2020.

Sacramento Police Department sent trainers to the Company's headquarters in Tempe, Arizona last week to receive BolaWrap training, and plan to deploy the BolaWrap in the field next month.

According to ABC10 in a recently published story, "In 2018, mental health-related calls in the Capital City [Sacramento] reached their highest level in three years with close to 11,000 calls for service. Officials said they hope the BolaWrap could be another tool in the officers belt."

"Sacramento is one of thousands of cities across the United States facing a rising number of mental health-related calls, causing police officers to essentially become the de-facto social services," said Mike Rothans, Chief Operating Officer at Wrap Technologies. "We created the BolaWrap to help solve precisely this issue. When someone calls the police on their potentially violent, mentally ill family member or friend, officers equipped with the BolaWrap can now secure the individual in crisis without causing harm."

El Segundo Police Department Chief Bill Whalen recently ordered several BolaWrap devices for his department to be deployed in the field.

Chief Whalen told Fox News in a nationally published story last Monday, "If this does what we think it's going to do and we're able to safely take people into custody… I really do think that you'll see this across law enforcement agencies nationwide and worldwide for that matter."

"It's exciting to see departments moving forward with field deployment," said Tom Smith, President of Wrap Technologies. "At the same time, we are continuing to see an increase in requests for BolaWrap demonstrations, training, and quotes, especially following Los Angeles Police Department's recent decision to deploy the BolaWrap in the field."

The Company held multiple demonstrations and Train the Trainers for police departments across the United States this month – links to some of the events covered by the media can be found below:

West Palm Beach, Florida

New Canaan, Connecticut

El Segundo, California

Baton Rouge, Louisiana

Wake County, North Carolina

About Wrap Technologies (Nasdaq:WRTC)

Wrap Technologies is an innovator of modern policing solutions. The Company's BolaWrap 100 product is a patented, hand-held remote restraint device that discharges an eight-foot bola style Kevlar® tether to entangle an individual at a range of 10-25 feet. Developed by award winning inventor Elwood Norris, the Company's Chief Technology Officer, the small but powerful BolaWrap 100 assists law enforcement to safely and effectively control encounters, especially those involving an individual experiencing a mental crisis. For information on the Company please visit www.wraptechnologies.com. Examples of recent media coverage are available as links under the "Media" tab of the website.

Trademark Information: BolaWrap is a trademark of Wrap Technologies, Inc. All other trade names used herein are either trademarks or registered trademarks of the respective holders.

Cautionary Note on Forward-Looking Statements – Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to statements regarding the Company's overall business, total addressable market and expectations regarding future sales and expenses. Words such as "expect," "anticipate," "should," "believe," "target," "project," "goals," "estimate," "potential," "predict," "may," "will," "could," "intend," variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control. The Company's actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the Company's ability to successful implement training programs for the use of its products; the Company's ability to manufacture and produce product for its customers; the Company's ability to develop sales for its new product solution; the acceptance of existing and future products; the availability of funding to continue to finance operations; the complexity, expense and time associated with sales to law enforcement and government entities; the lengthy evaluation and sales cycle for the Company's product solution; product defects; litigation risks from alleged product-related injuries; risks of government regulations; the ability to obtain export licenses for counties outside of the US; the ability to obtain patents and defend IP against competitors; the impact of competitive products and solutions; and the Company's ability to maintain and enhance its brand, as well as other risk factors included in the Company's most recent quarterly report on Form 10-Q and other SEC filings. These forward-looking statements are made as of the date of this press release and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations.

WRAP TECHNOLOGIES' CONTACT:
Investor Relations
800-583-2652, Ext #515
IR@wraptechnologies.com

SOURCE: Wrap Technologies, Inc.

ReleaseID: 571134

BTU Provides Exploration Update

VANCOUVER, BC / ACCESSWIRE / December 23, 2019 / BTU METALS CORP. ("BTU" or the "Company") (TSX:V:BTU) announces the following update on exploration activities and progress on a number of initiatives at its Dixie Halo Property adjacent to the Great Bear Resources Ltd. ("Great Bear") Dixie Project near Red Lake Ontario.

TNT TARGET

The current extent of the VTEM data only partially covers the TNT target, up to the boundary of the property prior to the acquisition of the East Extension claims announced on October 28, 2019. These data show the strength of the conductive portion of the TNT target to be increasing to the south. Historic data collected by Noranda Exploration in the area provides evidence that the TNT target continues southerly as a conductive electromagnetic target for at least an additional 500 metres on to the newly acquired East Extension property. The Company has applied for additional work permits for this area and expects to be in a position to drill test this part of the TNT target in Q1 2020. Other untested conductive airborne electromagnetic features will also be detailed and drill tested in Q1 2020.

Drilling has proceeded well, with holes 19-24 in the TNT target area now complete and core logging and sampling in progress. The first BTU drill hole of 2020 will commence January 6, 2020 on the TNT target.

Drill holes 12,13,19 and 20 were drilled on Line 12+00 North. Each of those holes intersected copper mineralization and drill hole 20, the most easterly drill hole (approximately 350 m east of hole 13) intersected copper mineralization near the collar of the hole. The Induced Polarization ("IP") anomaly on Line 12+00 North continues approximately 200m further east of drill hole 20, and this area will be drilled in the new year to test the extent of near surface mineralization. To date, drilling has spanned 500 metres east-west and each hole has intersected copper mineralization. Visual evaluation of the geological units intersected in the recent drilling points to the TNT target being a broad extensive zone of pyritic and sericitic alteration with intervals that contain intermittent chalcopyrite (copper) mineralization as well as minor, sphalerite (zinc), galena (lead), and molybdenite (molybdenum).

IP surveying will recommence the first week of January to trace the continuation of the very broad TNT IP anomaly identified between Line 4+00N and Line 14+00N. Interpretation of the recent VTEM data suggests a significant northerly extension of the broad chargeable zone that has been shown by drilling to result from accumulations of pyrite and chalcopyrite. The Company will also complete electromagnetic and IP surveying to the south on the East Extension property.

DIXIE CREEK

The Company is expecting the results of the Spatiotemporal Geochemical Hydrocarbons ("SGH") sampling program in early January. Great Bear has reported that the SGH survey method successfully identified known areas of gold mineralization on their Dixie property just to the north of the north boundary of the Company's Dixie Halo main property. The Company collected sample material throughout the northeast portion of the Dixie Halo property in the area of the Dixie Creek target on the Company's property which covers part of the general trend of the significant gold discoveries made by Great Bear in the past six months. The upcoming report based on the results will help guide future drilling on this target area.

WARRANT EXERCISES

BTU has received in excess of $450,000 as a result of warrant exercises to date.

Figure 1: Overview of BTU Metals Dixie Halo Property

BTU CEO Paul Wood stated, "We want to thank our shareholders for their continued support. We are entering into 2020 in the advantageous position of being fully funded for both the next stage of our exploration program and our corporate G&A. The past couple of months have been very exciting with our team uncovering compelling evidence of a significant copper, silver and gold system. Looking forward to the New Year, we will continue our strategy of systematically exploring our two favorite targets: the polymetallic TNT target, and the Dixie Creek gold target. Come the Spring, we will also continue to prospect for new targets across our 20,000-hectare property. I'd like to wish our followers a very happy holiday on behalf of the whole BTU team, we are looking forward to continuing to grow our story with your support in the year ahead."

Figure 2: IP Anomaly Map of the TNT Target Area shows the current limits of the IP surveying and the extent of the interpreted TNT target. Note that all locations are approximate.

To view pictures of hole 19 core please visit the Company's website here: www.btumetals.com/core. Note: core pictures are for general interest only and are selected samples. The pictures should not be considered to represent the entire mineralized interval.

The technical contents of this release were approved by Mr. Bruce Durham, P. Geo., a qualified person as defined by National Instrument 43-101.

ON BEHALF OF THE BOARD

"Paul Wood"

Paul Wood, CEO, Director
pwood@btumetals.com

FOR FURTHER INFORMATION, PLEASE CONTACT:

Andreas Curkovic, Investor Relations
+1 416-577-9927

BTU Metals Corp.
Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and using information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees, and they are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward -looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at WWW.SEDAR.COM).

SOURCE: BTU Metals Corp.

ReleaseID: 571150

Manitex International, Inc. Announces International Sales Gains

Follow-on International Orders for Tadano PM Knuckle Boom Cranes

Record Sales Growth at O&S Germany

BRIDGEVIEW, IL / ACCESSWIRE / December 23, 2019 / Manitex International, Inc. (NASDAQ:MNTX), a leading international provider of cranes and specialized industrial equipment, today announced that it has received orders for thirteen knuckle boom cranes from international dealerships valued at roughly $US 500,000. The order represents an important milestone, of follow-on business through its strategic partner Tadano, and their global dealership network. These units will be shipped to several countries in Asia and branded as PM-Tadano products. Initial production and deliveries are slated for first quarter 2020.

Oil and Steel Deutschland, an independent division of Bauscher Gmbh, serving both the retail sales and equipment rental markets in Germany, has been named Dealer of the Year by Oil and Steel Italy. Revenues of O&S Aerials for 2019 increased by15% in Germany, over last year, and now have an installed basein Germany, with over 400 machines.

Steve Filipov, CEO of Manitex International commented, "We are working as closely as ever with Tadano, our strategic partner, to broaden our distribution network in Asia, for our PM knuckle boom cranes, which until now, was a gap in their product offering throughout their global distribution network. We expect to see additional orders from both of these international customers in 2020 and beyond. Most importantly, this is a testament to the excellent quality and reliability of our products in these very demanding markets."

Forward-Looking Statements

Safe Harbor Statement under the U.S. Private Securities Litigation Reform Act of 1995: This release contains statements that are forward-looking in nature which express the beliefs and expectations of management including statements regarding the Company's expected results of operations or liquidity; statements concerning projections, predictions, expectations, estimates or forecasts as to our business, financial and operational results and future economic performance; and statements of management's goals and objectives and other similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by terminology such as "anticipate," "estimate," "plan," "project," "continuing," "ongoing," "expect," "we believe," "we intend," "may," "will," "should," "could," and similar expressions. Such statements are based on current plans, estimates and expectations and involve a number of known and unknown risks, uncertainties and other factors that could cause the Company's future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied by such forward-looking statements. These factors and additional information are discussed in the Company's filings with the Securities and Exchange Commission and statements in this release should be evaluated in light of these important factors. Although we believe that these statements are based upon reasonable assumptions, we cannot guarantee future results. Forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

About Manitex International, Inc.

Manitex International, Inc. is a leading worldwide provider of highly engineered mobile cranes (truck mounted straight-mast and knuckle boom cranes, industrial cranes, rough terrain cranes, and railroad cranes), truck-mounted aerial work platforms and specialized industrial equipment. Our products, which are manufactured in facilities located in the USA and Europe, are targeted to selected niche markets where their unique designs and engineering excellence fill the needs of our customers and provide a competitive advantage. We have consistently added to our portfolio of branded products and equipment both through internal development and focused acquisitions to diversify and expand our sales and profit base while remaining committed to our niche market strategy. Our brands include Manitex, PM, Oil & Steel, Badger, Sabre, Valla, MAC, and PM-Tadano.

Contact:

Manitex International, Inc.
Steve Filipov
Chief Executive Officer
(708) 237-2054
sfilipov@manitexinternational.com

Darrow Associates, Inc.
Peter Seltzberg, Managing Director
Investor Relations
(516) 419-9915
pseltzberg@darrowir.com

SOURCE: Manitex International, Inc.

ReleaseID: 570947

Perma-Fix Announces New $15 Million Contract Award

ATLANTA, GA / ACCESSWIRE / December 23, 2019 / Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the "Company") today announced it has been awarded a new contract, as part of a Joint Venture ("JV"), in its Services Segment valued at approximately $15 million over the next 18 months with opportunities for expansion to nearly $20 million in total revenue.

Mark Duff, Chief Executive Officer, stated, "We have recently been awarded a new project supporting the Lawrence Berkeley National Laboratory through the Department of Energy ("DOE") to include remediation, construction and waste management services. The award was made to a Joint Venture partnership between Perma-Fix and ERRG, which have been working together on similar projects for several years. This award further increases our funded backlog and bolsters our Services Segment revenues beginning in the first quarter of 2020. The Perma-Fix/ERRG JV was able to leverage our recent experience conducting complex remediation and demolition in radiological environments with potential for additional expansion as the project evolves. This win builds on our momentum established over the last two quarters to position Perma-Fix for continued growth in our Services Segment."

About Perma-Fix Environmental Services

Perma-Fix Environmental Services, Inc. is a nuclear services company and leading provider of nuclear and mixed waste management services. The Company's nuclear waste services include management and treatment of radioactive and mixed waste for hospitals, research labs and institutions, federal agencies, including the DOE, the Department of Defense (DOD), and the commercial nuclear industry. The Company's nuclear services group provides project management, waste management, environmental restoration, decontamination and decommissioning, new build construction, and radiological protection, safety and industrial hygiene capability to our clients. The Company operates three nuclear waste treatment facilities and provides nuclear services at DOE, DOD, and commercial facilities, nationwide.

Please visit us at http://www.perma-fix.com.

This press release contains "forward‑looking statements" which are based largely on the Company's expectations and are subject to various business risks and uncertainties, certain of which are beyond the Company's control. Forward-looking statements generally are identifiable by use of the words such as "believe", "expects", "intends", "anticipate", "plan to", "estimates", "projects", and similar expressions. Forward‑looking statements include, but are not limited to: opportunities for expansion to nearly $20 million in total revenue; this award further increases our funded backlog and bolsters our Services Segment revenues beginning in the first quarter of 2020; potential for additional expansion as the project evolves; and, this win positions Perma-Fix for continued growth in our Services Segment. These forward‑looking statements are intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. While the Company believes the expectations reflected in this news release are reasonable, it can give no assurance such expectations will prove to be correct. There are a variety of factors which could cause future outcomes to differ materially from those described in this release, including, without limitation, future economic conditions; industry conditions; competitive pressures; our ability to apply and market our new technologies; the government or such other party to a contract granted to us fails to abide by or comply with the contract or to deliver waste as anticipated under the contract; inability to win bid projects; that Congress fails to provide continuing funding for the DOD's and DOE's remediation projects; inability to obtain new foreign and domestic remediation contracts; and the additional factors referred to under "Risk Factors" and "Special Note Regarding Forward-Looking Statements" of our 2018 Form 10-K and the Forms 10-Q for quarters ended March 31, 2019, June 30, 2019 and September 30, 2019. The Company makes no commitment to disclose any revisions to forward‑looking statements, or any facts, events or circumstances after the date hereof that bear upon forward‑looking statements.

Please visit us on the World Wide Web at http://www.perma-fix.com.

Contacts:

David K. Waldman-US Investor Relations
Crescendo Communications, LLC
(212) 671-1021
Herbert Strauss-European Investor Relations
herbert@eu-ir.com
+43 316 296 316

SOURCE: Perma-Fix Environmental Services, Inc.

ReleaseID: 571132

A2Z Technologies Canada Corp. to Ring TSX Stock Market Opening Bell today Monday, December 23, 2019

Israeli Military Robotics Pioneer to Celebrate its Successful Listing on the TSX Venture Exchange

TEL AVIV, ISRAEL / ACCESSWIRE / December 23, 2019 / Tel Aviv, Israel. A2Z Technologies Canada Corp. ("A2Z" or the "Company") (TSXV:AZ) an advanced military robotics and technology company, announces that CEO Bentsur Joseph and the Company staff will ring the opening bell of the Toronto Stock Exchange today, Monday, December 23rd, in celebration of the commencement of trading of the Company's stock on the TSX Venture Exchange.

The event, to be broadcasted on BNN Canada at the TSXV open at 9:30 AM EST, will be preceded by remarks from the Company's CEO, Mr. Bentsur Joseph, Israeli Representative of the Toronto Stock Exchange, Mr. Yossi Boker, and the business attaché of the Canadian Embassy.

The celebratory event is taking place in Tel Aviv and the program schedule will be as stated below. The Company will be showcasing several of its UGVs (Unmanned Ground Vehicles) for military and firefighting use, with an unusual special twist to be kept under wraps until the event.

"What an incredible journey this has been" said Bentsur Joseph, CEO of A2Z. "We want to express tremendous gratitude and appreciation to our investors, shareholders, and of course, our employees and the entire team for all the hard work they have put in. We are grateful for their ongoing support and for joining with us as we head towards a very exciting future."

BUSINESS OF A2Z

A2Z Technologies Canada Corp. is an innovative technology company based out of Israel, specializing in military technology and expanding into the civilian markets. A2Z has been operating for over 30 years and has a client base with 75 recurring clients, including the Israel Defense Forces, Security Forces, and Ministry of Defence among others. A2Z plans to leverage their cash flow-generating core-business to expand into the civilian robotics and automobile markets.

According to Zion Market Research, the Military Robotics space is expected to reach $53.93B by 2027 for a projected CAGR of 13.5%.(Summary of Report).

Highlights:

Core Business: A2Z's line of products include unmanned remote-controlled vehicles of various sizes designed for intricate bomb disposal, counter terrorism, and fire fighting, as well as energy storage power packs/generators. A2Z also provides maintenance services to both external and in-house complex electronic systems and products to over 75 clients.

A2Z has been an Israel Ministry of Defense contractor for over 30 years and a significant portion of it's business is long-term service contracts.

Expansion into Civilian Market: To drive growth, A2Z plans to adapt its military technologies for the much larger civilian markets. One patent-pending product is a capsule (FTICS) that prevents vehicle fires resulting from collisions. A2Z has also been granted a patent for a smart vehicle cover device that protects automobiles from the elements while the vehicle is parked and is stowed away safely in the vehicle's bumper when not in use.

Fuel Tank Intelligent Containment System (FTICS): In the event of a collision, the FTICS system installed into the fuel tank prevents the ignition of fuel, thereby mitigating the spread of fire and explosion, minimizing risk to human life and property damage.According to the NFPA, from 2014 to 2016, an estimated 171,500 highway vehicle fires occurred in the United States, resulting in an annual average of 345 deaths, 1,300 injuries, and $1.1 billion in property loss annually.

Management: CEO Bentsur Joseph's previous venture, Comfy Interactive, was acquired by Shamrock Holdings, the family investment firm founded by Roy Disney. Previously, Bentsur Joseph was the chairman of Elad Hotels whose holdings include the Plaza Hotel in New York City.

Bentsur Joseph has a ~64% ownership stake in the business with 30,000,000 shares subject to an escrow agreement.

For more information regarding A2Z, please visit the Company's website at www.a2zas.com.

A2Z Technologies Bell Ringing Ceremony

Stutko Events, Shetrit Street 2, Tel Aviv

Event to be broadcast via Bloomberg Canada and other Media

Program Schedule:

1:30 PM – Gathering and Networking

2:00 PM – Lunch

3:00 PM – TSX Bell Ringing Ceremony

3:15 PM – Menorah Lighting, Second night of Chanukah

On Behalf of the Board of Directors of A2Z Technologies Canada Corp.

Bentsur Joseph
Director and CEO

Investor Relations:

Arlen Hansen
Kin Communications
1-866-684-6730
az@kincommunications.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may include forward-looking statements that are subject to inherent risks and uncertainties. All statements within this news release, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those described in forward-looking statements. Factors that could cause actual results to differ materially from those described in forward-looking statements include fluctuations in market prices, including metal prices, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under applicable laws.

ABOUT A2Z TECHNOLOGIES CANADA CORP.

A2Z's principal activities have been the application of advanced engineering capabilities to the military/security markets as well as the adaptation of certain military products for the civilian market. A2Z's line of products include unmanned remote-controlled vehicles of various sizes designed for intricate bomb disposal, counter terrorism, and fire fighting, as well as energy storage power packs/generators. A2Z also provides maintenance services to both external and in-house complex electronic systems and products to over 75 clients.

For future growth, A2Z is implementing a two-pronged approach: (1) continuing to adapt its current military products for civilian use, and; (2) developing two innovative products for the automotive market. One patent-pending product is a capsule that can be placed in a fuel tank to prevent gas tank inflammation upon collision. An additional product under development for which a patent has been granted is a smart vehicle cover device that will protect automobiles from the elements while the vehicle is parked and will prevent snow from building up on the vehicle.

For more information regarding A2Z, please visit the Company's website at www.a2zas.com.

SOURCE: A2Z Technologies Canada Corp.

ReleaseID: 570994