In a historic moment for college sports, ASB GlassFloor, a global leader in innovative sports

flooring, will take center stage at one of the biggest and most anticipated college events of the

year – Kentucky Basketball’s Big Blue Madness, presented by Ronald McDonald House Charities

of the Bluegrass (RMHC). This landmark event will be the first NCAA Division I occasion to

feature the revolutionary floor, designed to enhance player performance and provide fans with

a more immersive experience.

Big Blue Madness will take place on Friday, Oct. 11, inside Rupp Arena at the Central Bank

Center. The event serves as the annual introduction of the Kentucky Men’s and Women’s

Basketball Teams, featuring new Men’s Head Coach Mark Pope and Women’s Head Coach

Kenny Brooks this year. It is a pivotal event in the collegiate basketball calendar, drawing

thousands of passionate fans and extensive media attention. It serves as a celebration of the

sport and the student-athletes who dedicate their lives to excellence both on and off the court.

With the ASB GlassFloor, this year’s event promises to elevate fan engagement and redefine

the future of collegiate sports.

Setting a New Standard for College Athletics Events

The ASB GlassFloor is a sports floor that integrates interactive display capabilities, creating

visual experiences for players and fans alike. Known for its design, durability, and stunning

visual capabilities, the ASB GlassFloor brings a new level to collegiate sports. The floor is

equipped with LED technology beneath the glass, turning the court into a dynamic display that

can adapt instantly to the needs of any game, whether it be basketball, volleyball, or other

major NCAA competitions. The digital court provides dynamic branding opportunities, in-game

activations, and real-time data displays, all while maintaining the performance and safety

standards expected at the highest levels of sport.

Coaches Embrace Innovation

“This is something that’s never been seen in college basketball before,” Pope said. “Big Blue

Madness is one of the great spectacles in all of sports. We are so excited for Kentucky

Basketball to be the first college program to partner with ASB GlassFloor, bringing this exciting

technology to Big Blue Nation. Our team can’t wait to put on a show in Rupp Arena on Oct. 11.”

“We look forward to putting on a show for Big Blue Nation at our first Big Blue Madness with

the ASB GlassFloor as part of the spectacle,” Brooks said. “Big Blue Madness is famous

throughout the college basketball world. Since we saw the ASB GlassFloor at the U19 World

Cup last year we’ve been intrigued by the possibilities of playing on this court. We’re excited to

add this exciting technology to what promises to be an entertaining night in Rupp Arena.”

A Fusion of Innovation and Performance

“Participating in Big Blue Madness signifies a pivotal moment for ASB GlassFloor and

underscores our commitment to innovation in collegiate sports,” said Christof Babinsky,

Managing Director of ASB GlassFloor. “This event is not just a showcase; it’s an opportunity to

demonstrate how our sports floors can transform the game for athletes while creating an

unparalleled experience for fans. Our partnership here will set a new standard for the future of

collegiate sports events.”

Looking Ahead: The Future of Sports Venues

With a growing list of installations in sports venues across the globe, including its involvement

in professional basketball leagues, ASB GlassFloor continues to revolutionize the way sports are

played and experienced. Its inclusion in such a high-profile College Basketball event not only

highlights the increasing demand for multifunctional, durable, and visually dynamic sports

floors but also marks a significant milestone in the modernization of college sports.

About ASB GlassFloor

ASB GlassFloor is a leading provider of innovative sports flooring solutions. Renowned for

transforming arenas into dynamic, interactive spaces, ASB GlassFloor combines cutting-edge

technology with exceptional design to create visually stunning and highly functional surfaces.

The advanced glass flooring is utilised by some of the world’s most prestigious sporting events

and venues, setting new standards for performance and aesthetics.

With a focus on innovation, quality, and durability, ASB GlassFloor continues to redefine the

possibilities of sports venues and event spaces, providing unparalleled experiences for athletes

and audiences alike.

ASB GlassFloor has been showcased in prominent events such as the FIBA U19 Women’s

Basketball World Cup, the German BBL Season Opener 2023, the NBA All-Star 2024, and the

Basketball Champions League Final Four 2024, reflecting our dedication to enhancing sports

venues with high-performance and visually striking flooring.

For media inquiries, please contact:

Stephanie Pfeffer

Marketing Manager, ASB GlassFloor

+0049 8621 987 453

press@asbglassfloor.com

www.asbglassfloor.com

The Rising Star Award honors newer providers who have made a significant impact in the Asia Pacific cybersecurity market. Splashtop has rapidly established itself as a trusted partner, offering simplified yet secure remote access and support solutions that meet the growing demands of hybrid work environments.

“We are honored to be recognized by CybersecAsia readers as a Rising Star in our first year as a nominee,” said Leonard Wong, Vice President for Asia Pacific at Splashtop. “Secure yet simplified remote access and support is now a mandatory aspect of business operations. Our mission is to simplify security for businesses of all sizes and empower IT users with innovative solutions that can be easily absorbed into their operations. This award validates our commitment to helping organizations in the Asia Pacific region securely adapt to the evolving cyber threat landscape.”

Victor Ng, Editor-in-Chief of CybersecAsia, said of Splashtop’s recognition, “In the post-pandemic hybrid work environment, Splashtop has innovated to help organizations and individuals adapt to the new normal, with solutions geared to the needs of hybrid work, remote access, and support.”

Splashtop solutions provide advanced security features, including single sign-on (SSO) integration, multi-factor authentication, IP whitelisting, and granular access controls, allowing IT teams to verifying user identities through multiple layers of authentication. End-to-end encryption and watermarking safeguard the content of remote sessions. For compliance and regulatory management, centralized session recording automatically records remote sessions to the cloud, while SIEM integration enables real-time analysis of security alerts generated by applications and network hardware. Splashtop is compliant with global security standards like ISO 27001, GDPR, and SOC-2, ensuring that sensitive data remains secure.

The 2024 CybersecAsia Readers’ Choice Awards, now in its fifth year, is one of the most prestigious programs in the region, recognizing outstanding cybersecurity solution providers. This year, 21 companies were honored for their innovations, with over 1,100 qualified voters selecting the winners from across Asia Pacific.

As cyber threats continue to rise, the demand for secure and reliable remote access solutions has become critical. For more information on Splashtop’s award-winning remote access and support solutions, please visit Splashtop.com.

About Splashtop

Splashtop is a leader in solutions that simplify the work-anywhere world. Its solutions for hybrid work and IT / MSP remote support deliver an experience that is fast, simple and secure. Splashtop’s patented, high performance technology is capable of achieving 4K HD quality, multi-monitor support, and 60fps with ultra-low latency. Splashtop comes with advanced security features, broad device support, and responsive customer service. More than 30 million users, 250k businesses, including those in 85% of Fortune 500 enterprises, enjoy Splashtop products globally. Splashtop.com

Scope of delivery includes:

• CNT reactor delivery: Canatu has delivered the S-100 reactor and peripherals for manufacturing advanced CNT membranes for a semiconductor application.
• Technology licensing: Canatu licenses its patented technology for use with the S-100 reactor, allowing the customer to produce CNT membranes under a limited license.
• Consumables: Canatu supplies key consumables on an ongoing basis, ensuring an optimized, high-quality process for the customer while generating recurring revenue.

“Our new limited licensing business model marks a significant milestone for Canatu. We are excited about the potential of CNT membrane pellicles to enter commercial use in the future alongside CNT inspection membranes, driving the next step in performance. This is a result of the seamless collaboration with diverse customers and key industry stakeholders, who have been integral in getting advanced CNT material and products into semiconductor manufacturing,” said Canatu CEO Juha Kokkonen.

The demand for advanced chips is rising due to advancements in AI and computing. EUV semiconductors are gaining market share, with sub-7 nanometre chips growing the fastest. Canatu is well-positioned to meet the demands of this rapidly evolving market, as its advanced CNT membranes provide a step change in performance compared to traditional materials. Canatu CNT membranes enhance EUV processes, helping chip manufacturers improve performance, cost, and quality control.

Since 2021, Canatu has been mass-producing inspection membranes for the semiconductor industry. These membranes can be utilized in both pre -and post-lithography processes to enhance quality control. Canatu CNT membranes also serve as CNT membrane pellicles, offering higher transmittance and performance compared to traditional materials. Additionally, CNT membranes can be used as optical filters, capable of filtering specific wavelengths while selectively blocking unwanted particles, electrons, and photons. With its patented CNT material, CNT reactors, and Dry Deposition process, Canatu is well-positioned to meet the demands of the global semiconductor market.

Canatu operates through two business models: First, it uses its proprietary CNT reactors to develop and manufacture advanced CNT products in-house. Second, Canatu sells its proprietary CNT reactors and licenses the related technology, allowing customers to produce advanced CNT products under a limited license. This model generates both fixed revenue from reactor sales and recurring revenue from royalties and non-discretionary consumables.

About Canatu 
Canatu (CANATU, Nasdaq First North, Finland) is a fast-growing deep technology company creating advanced carbon nanotubes (Canatu CNTs), related products, and manufacturing equipment for the semiconductor, automotive, and medical diagnostics industries. Canatu partners with forerunner companies, together transforming products for better tomorrows with nano carbon.  

Canatu’s versatile platform technology has broad potential applications. Its current core includes CNT membranes for extreme ultraviolet (EUV) processes in the semiconductor industry, enabling the manufacturing of the most advanced chips, as well as film heaters for advanced driver-assistance systems (ADAS) in the automotive industry. Additionally, electrochemical sensors for medical diagnostics are in the development phase. Canatu’s patented CNT reactors and Dry Deposition^TM method yield clean and pristine CNTs. The company operates through two business models: selling CNT products directly, as well as selling CNT reactors and licensing the related technology so that customers can produce CNT products under a limited license.  

Headquartered in Finland, Canatu also operates in the US, Japan, and Taiwan. Founded in 2004 as a spin-off from Aalto University’s Nanomaterials Group, Canatu currently has around 130 employees representing over 30 nationalities, with 20 percent holding or pursuing doctorates. Discover more at www.canatu.com and follow us on LinkedIn.

Mr. Breda brings more than a decade of legal practice and extensive experience in law, technology, and business to the firm. Most recently, he held the position of President for Bloomberg Law in Arlington, VA, where he successfully developed and launched the Bloomberg Law Legal Information platform.

As a respected leader and frequent speaker on legal technology, Breda was Named to 2023’s FastCase 50, honoring “The Law’s Most Courageous Innovators.” In his new role he will oversee the firm’s executive leadership along with developing and executing long-term strategies for continuing growth.  

“We couldn’t be more excited to welcome Joe Breda to Cordell & Cordell.” expressed Co-founder and Principal Partner, Joe Cordell. “As CEO, his vision and exceptional leadership skills will take our firm to the next level as we set our sights on the future of family law.”

“Our formula is simple: Relentless focus on client needs, a world-class team of attorneys and support professionals, and effective use of process and technology to deliver the highest quality legal services.” stated the new CEO, “In many instances, our clients count on us to stand in their corner at the most critical point of their lives. They deserve the best representation available.”

Mr. Breda’s publications and recognitions include:

• Co-author of the 2019 AALL Spectrum article “Inside the Black Box of Search Algorithms”
• Received the 2018 AALL New Product of the Year award on behalf of Bloomberg Law for its groundbreaking “Point of Law” AI-powered legal analysis tool
• Featured in the 2014 ABA Journal article “Vision Quest” on emerging use of visualization in legal technology
• Contributing author to the New York Workers’ Compensation Law Handbook (LexisNexis)

# # #

About Cordell & Cordell
Cordell & Cordell is a domestic litigation firm that focuses on men and divorce with offices in the United States. Cordell & Cordell’s innovative approach to family law has garnered national coverage from outlets such as The Wall Street Journal, The New York Times, Time magazine, CNN, and FOX News. For more information about Cordell & Cordell, please visit CordellCordell.com or call 1-866-DADS-LAW (1-866-323-7529).

Attachment

• Joseph P. Breda Joins Cordell & Cordell As New CEO

Cassava, without admitting or denying the SEC’s allegations, agreed to pay a monetary penalty of $40 million. The Company cooperated fully with the SEC’s investigation and has implemented remedial measures.

In connection with the previously-disclosed investigation by the Department of Justice (“DOJ”), the Company does not currently anticipate that DOJ’s Criminal Division will bring charges against or seek a resolution with the Company.

On July 17, 2024, Cassava announced the appointment of Richard (Rick) Barry as Executive Chairman of the Board as well as a series of actions designed to enhance corporate governance, transparency, and accountability, consistent with the Company’s commitment to the highest ethical business practices. Mr. Barry became Chief Executive Officer of Cassava on September 6, 2024.

“We would like to thank the staff of the Division of Enforcement for its professionalism and its engagement with the Company, which enabled the Board to conduct its own internal investigation and to take decisive action,” said Mr. Barry.

“Cassava is pleased to put this matter behind us,” Mr. Barry said. “We can now focus all of our attention on completion of the ongoing Phase 3 trials of simufilam. While no one can accurately predict the future, we remain hopeful that the trials will be successful and that, after a rigorous FDA review, simufilam could become available to help those suffering from Alzheimer’s disease.”

As previously announced, Cassava’s net cash use in operations for the second half of 2024 is expected to be $80 to $90 million, which includes the $40 million monetary penalty related to this resolution. The Company maintains its estimate that cash at year-end 2024 will be in a range of $117 to $127 million.

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements, including statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, that may include but are not limited to statements regarding: the impact on the Company of its settlement with the SEC; the status of, and developments related to, DOJ inquiries and investigations; the implementation of remedial measures and actions to enhance governance, transparency and accountability; the advancement and outcome of our on-going Phase 3 clinical trials of simufilam in patients with Alzheimer’s disease; the safety or efficacy of simufilam in people with Alzheimer’s disease dementia; potential benefits, if any, of our product candidates; and expected cash balances and cash use in future periods. These statements may be identified by words such as “anticipate,” “believe,” “could,” “expect,” “forecast,” “intend,” “may,” “plan,” “possible,” “potential,” “will,” and other words and terms of similar meaning.

Such statements are based largely on our current expectations and projections about future events. Such statements speak only as of the date of this news release and are subject to a number of risks, uncertainties and assumptions, including, but not limited to, risks relating to: any continuing investigation by DOJ, including investigation of the conduct alleged in the indictment of Dr. Hoau-Yan Wang announced by DOJ on June 28, 2024; approval by the U.S. District Court of the settlement with the SEC; the ability to conduct or complete clinical studies on expected timelines and within expected budgets; the ability to demonstrate the specificity, safety, efficacy, or potential health benefits of our product candidates; our current expectations regarding timing of clinical data for our Phase 3 clinical trials; any expected clinical results of Phase 3 clinical trials; potential benefits, if any, of our product candidates; and those described in the section entitled “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2023, in our Quarterly Report on Form 10-Q for the period ended June 30, 2024, and in subsequent reports filed with the SEC. The foregoing sets forth many, but not all, of the factors that could cause actual results to differ from expectations in any forward-looking statement. In light of these risks, uncertainties and assumptions, the forward-looking statements and events discussed in this news release are inherently uncertain and may not occur, and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Accordingly, you should not rely upon forward-looking statements as predictions of future events. Except as required by law, we disclaim any intention or responsibility for updating or revising any forward-looking statements contained in this news release.

All our pharmaceutical assets under development are investigational product candidates. These have not been approved for use in any medical indication by any regulatory authority in any jurisdiction and their safety, efficacy or other desirable attributes, if any, have not been established in any patient population. Consequently, none of our product candidates are approved or available for sale anywhere in the world.

For more information:

Sitrick And Company
Mike Sitrick: Mike_Sitrick@Sitrick.com
Seth Lubove: slubove@sitrick.com
1-800-550-7521
NY:
Rich Wilner: rwilner@sitrick.com
1-800-699-1481

Vancouver, September 26, 2024 – Leading Edge Materials Corp. (“Leading Edge Materials” or the “Company”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) announces that the Company has closed the second and final tranche of the private placement announced previously on July 15, 2024, issuing 6,710,000 common shares at a price of $0.10/share for gross proceeds of CAD$671,000.

The common shares were issued as part of a unit (“Unit”) private placement. Each Unit will consist of one (1) common share (each, a “Common Share”) in the capital of the Company and one (1) Common Share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to purchase one Common Share (a “Warrant Share”) at a price of C$0.20 per Warrant Share until the date which is four (4) years from the closing date of the Private Placement (the “Closing Date”).

Leading Edge Materials intends to use net proceeds for the Company’s projects, located in Sweden and Romania and for general working capital and corporate purposes. A finder’s fee of 6% was paid to arm’s length third party on a portion of the Private Placement. The Private Placement is subject to final approval from the TSX Venture Exchange (the “Exchange”).

The securities issued pursuant to the second and final tranche of the Private Placement are subject to applicable statutory resale restrictions, including a hold period expiring on January 27, 2025, pursuant to applicable Canadian securities laws.

The Units sold in the Private Placement were offered by way of prospectus exemptions in Sweden. The minimum subscription and allotment amount for Sweden and the European Economic Area (“EEA”) investors in the Private Placement was an amount equivalent to at least EUR 100,000.

Insiders of the Company purchased a total of 16,500,000 Units under the Private Placement which constitutes a “related party transaction” as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 based on the fact that neither the fair market value of the Units subscribed for by the insiders, nor the consideration for the Units paid by such insiders, exceeded 25% of the Company’s market capitalization as determined in accordance with MI 61-101.

The securities have not been, and will not be, registered under the U.S. Securities Act, or any United States state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable United States state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

This news release is not a prospectus under Regulation (EU) 2017/1129 (the “EU Prospectus Regulation”). The Company has not authorized any offer of securities to the public (as defined in the EU Prospectus Regulation) in any EEA member state and no such prospectus has been or will be prepared in connection with the Private Placement.

On behalf of the Board of Directors,
Leading Edge Materials Corp.

Kurt Budge, CEO

For further information, please contact the Company at:
778-373-6727
info@leadingedgematerials.com
www.leadingedgematerials.com

About Leading Edge Materials

Leading Edge Materials is a Canadian public company focused on developing a portfolio of critical raw material projects located in the European Union. Critical raw materials are determined as such by the European Union based on their economic importance and supply risk. They are directly linked to high growth technologies such as lithium-ion batteries and permanent magnets for electric motors and wind power that underpin the sustainability transition of society. The portfolio of projects includes the 100% owned Woxna Graphite mine (Sweden), Norra Kärr HREE project (Sweden), Bergby lithium project (Sweden) and the 51% owned Bihor Sud Nickel Cobalt exploration alliance (Romania).

Additional Information

The information was submitted for publication through the agency of the contact person set out above, on September 26, 2024 at 3:00 PM Vancouver time.

Leading Edge Materials is listed on the TSXV under the symbol “LEM”, OTCQB under the symbol “LEMIF” and Nasdaq First North Stockholm under the symbol “LEMSE”. Mangold Fondkommission AB is the Company’s Certified Adviser on Nasdaq First North and may be contacted via email CA@mangold.se or by phone +46 (0) 8 5030 1550.

Reader Advisory

This news release may contain statements which constitute “forward-looking information”, including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company’s future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, fluctuations in market prices, changes in the Company’s intended use of proceeds from the Private Placement, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

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

Attachment

• LEM – News Release Announcing the Closing of Final Tranche

SANDY, Utah, Sept. 26, 2024 (GLOBE NEWSWIRE) — Mountain America Investment Services is pleased to announce the addition of Lucas Montes as the newest wealth advisor at its West Valley Branch. Originally from Argentina and a native Spanish speaker, Montes brings a wealth of experience and a unique bilingual capability that will enable him to serve a broader client base in the region.

Montes joins Mountain America Investment Services from Fidelity Investments, where he developed a strong track record of helping clients navigate complex financial landscapes. His fluency in both English and Spanish will be a significant asset to the West Valley branch, providing personalized wealth management services to the growing Hispanic community.

“We are thrilled to welcome Lucas to the team,” said Chad Waddoups, vice president of wealth management. “His expertise combined with his bilingual skills will allow us to enhance the level of service we offer to our diverse clientele. We believe his experience and dedication will make a great impact here.”

As a wealth advisor, Montes will offer clients guidance on retirement planning, investment strategies, and comprehensive financial planning, with a focus on building long-term relationships.

Montes attended Utah Valley University studying business administration and personal financial planning, graduating with his bachelor’s degree in 2018.

To learn more or set up a virtual or in-person meeting with Lucas, visit macu.com/lmontes. For more information about Mountain America Investment Services, visit macu.com/wealth.

About Mountain America Investment Services
Mountain America Investment Services provides comprehensive, long-term wealth planning services to help credit union members work toward their goals. We specialize in offering support for personal investments, tax strategies, retirement, and estate planning. We provide investment services through LPL Financial at locations across the Intermountain West. Our team of experienced wealth advisors are here to guide you along your journey.

About LPL Financial
LPL Financial is a leader in the retail financial advice market and the nation’s largest independent broker-dealer.* We serve independent financial professionals and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow thriving practices. LPL enables them to provide independent guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions.

*Based on total revenues, Financial Planning magazine June 1996-2021

Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Mountain America Credit Union and Mountain America Investment Services are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Mountain America Investment Services, and may also be employees of Mountain America Credit Union. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Mountain America Credit Union or Mountain America Investment Services. Securities and insurance offered through LPL or its affiliates are:

Contact:
publicrelations@macu.com

The Reverse Stock Split is intended to bring the Company into compliance with the minimum bid price requirement for continued listing on The Nasdaq Capital Market. The Reverse Stock Split is expected to become effective at 12:01 a.m., Eastern Daylight Time, on October 4, 2024 (the “Effective Time”), and the Common Stock is expected to begin trading on a post-split basis when the market opens on October 4, 2024, under the new CUSIP number 86323X205. The Common Stock will continue to be traded on The Nasdaq Capital Market under the symbol “STRM.”

At the Effective Time, each 15 shares of Common Stock issued and outstanding will be automatically combined into one share of Common Stock. No fractional shares will be issued in connection with the Reverse Stock Split, and, in lieu thereof, the Company will pay each stockholder of record at the time of effectiveness of the Reverse Stock Split who otherwise would be entitled to receive fractional shares (because such stockholder holds a number of pre-Reverse Stock Split shares not evenly divisible by 15) an amount in cash equal to the fraction to which the stockholder would otherwise be entitled multiplied by the closing sales price of the Common Stock as reported on The Nasdaq Capital Market on the date on which the Effective Time occurs.

The Reverse Stock Split will also apply to any outstanding securities or rights convertible into, or exchangeable or exercisable for, Common Stock and all references to such Common Stock in agreements, arrangements, documents and plans relating thereto or any option or right to purchase or acquire shares of Common Stock shall be deemed to be references to the Common Stock or options or rights to purchase or acquire shares of Common Stock, as the case may be, after giving effect to the Reverse Stock Split. Additionally, all equity awards outstanding immediately prior to the Reverse Stock Split will be proportionately adjusted.

Computershare Inc. (“Computershare”), the Company’s transfer agent, is acting as the exchange agent for the Reverse Stock Split. Stockholders holding their shares electronically in book-entry form are not required to take any action to receive post-split shares. Stockholders owning shares through a bank, broker or other nominee will have their positions adjusted to reflect the Reverse Stock Split and will receive payment for any fractional shares in accordance with their respective bank’s, broker’s, or nominee’s particular processes. Stockholders may direct any questions to Computershare at (800) 962-4284.

Additional information concerning the Reverse Stock Split can be found in the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on August 19, 2024.

About Streamline Health

Streamline Health Solutions, Inc. (Nasdaq: STRM) enables healthcare organizations to proactively address revenue leakage and improve financial performance. We deliver integrated solutions, technology-enabled services and analytics that drive compliant revenue leading to improved financial performance across the enterprise. For more information, visit www.streamlinehealth.net

What you need to know:

• Verizon to waive domestic call, text, and data usage for postpaid consumer, small business customers,* and Verizon Prepaid customers impacted by the storm in parts of Florida and Georgia from Sept. 26-Oct. 5, 2024.
• For prepaid customers using Straight Talk, Tracfone, Total Wireless, Simple Mobile, Walmart Family Mobile, Net10, GoSmart, and Page Plus, we will extend service end dates to Oct. 5, 2024.
• With year-round preparedness, hardened network infrastructure, and an extensive fleet of mobile assets, Verizon’s networks are primed for Hurricane Helene.

ALPHARETTA, Ga., Sept. 26, 2024 (GLOBE NEWSWIRE) — To help residents in Florida and Georgia expected to be impacted by Hurricane Helene, Verizon will waive postpaid domestic call/text/data usage from Sept. 26-Oct. 5. This will bring relief to the thousands of customers who rely on their mobile devices now more than ever, especially during this challenging time.

The waiver will apply to all postpaid consumer customers, small business customers*, and Verizon Prepaid customers in the following counties:

Florida: Alachua, Citrus, Columbia, Dixie, Franklin, Gadsden, Gilchrist, Gulf, Hamilton, Hernando, Jefferson, Lafayette, Leon, Levy, Liberty, Madison, Marion, Pasco, Suwannee, Taylor, and Wakulla.

Georgia: Atkinson, Ben Hill, Berrien, Brooks, Clinch, Coffee, Colquitt, Cook, Decatur, Echols, Grady, Irwin, Lanier, Lowndes, Mitchell, Thomas, Tift, Turner, and Worth.

Customers do not have to take any action to take advantage of the offer. Any overages for those whose billing cycles have already closed will be automatically credited back.

For prepaid customers using Straight Talk, Tracfone, Wireless , Simple Mobile, Walmart Family Mobile, Net10, GoSmart, and Page Plus, we will extend service end dates to Oct. 5, 2024.

“At Verizon, our dedication to our customers extends far beyond delivering reliable service; it means standing by their side when they need us most,” said Atlantic South Market President, Leigh Anne Lanier. “We recognize the immense challenges our communities are facing as Hurricane Helene prepares to make landfall, and we hope this gesture offers some comfort, allowing our customers to focus on what truly matters during these trying times.”

Verizon’s networks are primed to maintain connectivity even in the face of extreme weather conditions, such as hurricanes. With redundancy built into critical paths and components, Verizon’s network is engineered to withstand severe weather. Verizon engineers have prepared by conducting thorough checks, as well as ensuring backup systems, like batteries and generators, are operational and refueled.

One hundred percent of Verizon macro cell sites, which provide large area coverage, have backup battery power and the majority of cell sites in the affected areas in Florida and Georgia. have backup generators. While commercial power is out, Verizon equipment and facilities across the area are being powered by these batteries and generators. Refueling efforts are underway to ensure those generators continue to provide power. Our engineers are confident we have the necessary fuel and crews to keep that operation running 24×7 until that happens.

*Verizon small business customers include customers with 50 lines or less.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed in 2000 and is one of the world’s leading providers of technology and communications services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $134.0 billion in 2023. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, and security.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contact:

Winnie Wright
(678) 594-1775
Winnie.Wright@verizon.com

Parker Branton
(770) 841-6737
Parker.Branton@verizon.com

“This is an exciting time for both Alerus and Home Federal as we merge our teams and prepare to provide an enhanced financial services experience for our combined clients,” said Katie Lorenson, President and CEO at Alerus. “As an experienced acquirer, we are committed to providing a seamless transition for Home Federal’s employees and clients and we look forward to helping them achieve their long-term financial goals.”

“We carefully selected Alerus as our merger partner for many reasons, but at the top of the list are our similar values and commitment to client service,” said Brad Krehbiel, President and Chief Executive Officer of HMNF. “Our merger with Alerus is the right choice for our stockholders, our clients, and our employees, and we are excited for the new opportunities this will bring to our clients and team.”

Upon completion of the transaction, Alerus will have approximately $5.5 billion in total assets, $3.7 billion in total loans, $4.3 billion in total deposits, and approximately $43.1 billion in assets under administration and management. The addition of Home Federal’s 12 branches in Rochester, Minnesota and throughout southern Minnesota, one branch in Iowa, and one branch in Wisconsin, will expand Alerus’ footprint to new markets and increase its total number of branches to 29 locations throughout the Midwest and Arizona.

About Alerus Financial Corporation

Alerus Financial Corporation (Nasdaq: ALRS) is a commercial wealth bank and national retirement services provider with corporate offices in Grand Forks, North Dakota, and the Minneapolis-St. Paul, Minnesota metropolitan area. Through its subsidiary, Alerus Financial, N.A., Alerus provides diversified and comprehensive financial solutions to businesses and consumer clients, including banking, wealth services, and retirement and benefits plans and services. Alerus provides clients with a primary point of contact to help fully understand the unique needs and delivery channel preferences of each client. Clients are provided with competitive products, valuable insight, and sound advice supported by digital solutions designed to meet the clients’ needs.

Alerus has banking and wealth offices in Grand Forks and Fargo, North Dakota, the Minneapolis-St. Paul, Minnesota metropolitan area, and Phoenix and Scottsdale, Arizona. Alerus Retirement and Benefits serves advisors, brokers, employers, and plan participants across the United States.

About HMN Financial, Inc.

HMN Financial, Inc. (Nasdaq: HMNF) and Home Federal Savings Bank are headquartered in Rochester, Minnesota. Home Federal operates twelve full-service offices in Minnesota located in Albert Lea, Austin, Eagan, Kasson, La Crescent, Owatonna, Rochester (4), Spring Valley and Winona, one full-service office in Marshalltown, Iowa, and one full-service office in Pewaukee, Wisconsin. Home Federal also operates a loan origination office located in La Crosse, Wisconsin.

Special Note Concerning 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. Forward-looking statements include, without limitation, statements concerning plans, estimates, calculations, forecasts and projections with respect to the anticipated future performance of Alerus Financial Corporation (“Alerus”) and HMN Financial, Inc. (“HMNF”) and certain plans, expectations, goals, projections and benefits relating to the merger of HMNF with and into Alerus (the “Merger”), all of which are subject to numerous assumptions, risks and uncertainties. These statements are often, but not always, identified by words such as “may,” “might,” “should,” “could,” “predict,” “potential,” “believe,” “expect,” “continue,” “will,” “anticipate,” “seek,” “estimate,” “intend,” “plan,” “projection,” “would,” “annualized,” “target” and “outlook,” or the negative version of those words or other comparable words of a future or forward-looking nature. Examples of forward-looking statements include, among others, statements Alerus makes regarding the ability of Alerus and HMNF to complete the transactions contemplated by the agreement and plan of merger (the “Merger Agreement”), including the parties’ ability to satisfy the conditions to the consummation of the Merger, statements about the expected timing for completing the Merger, the potential effects of the proposed Merger on both Alerus and HMNF, and the possibility of any termination of the Merger Agreement, and any potential downward adjustment in the exchange ratio.

Forward-looking statements are not historical facts but instead express only management’s beliefs regarding future results or events, many of which, by their nature, are inherently uncertain and outside of management’s control. It is possible that actual results and outcomes may differ, possibly materially, from the anticipated results or outcomes indicated in these forward-looking statements. In addition to factors disclosed in reports filed by Alerus and HMNF with the SEC, risks and uncertainties for Alerus, HMNF and the combined company that may cause actual results or outcomes to differ materially from those anticipated include, but are not limited to: (1) the possibility that any of the anticipated benefits of the proposed Merger will not be realized or will not be realized within the expected time period; (2) the risk that integration of HMNF’s operations with those of Alerus will be materially delayed or will be more costly or difficult than expected; (3) the parties’ inability to meet expectations regarding the timing of the proposed Merger; (4) changes to tax legislation and their potential effects on the accounting for the Merger; (5) the failure to satisfy other conditions to completion of the proposed Merger; (6) the failure of the proposed Merger to close for any other reason; (7) diversion of managements’ attention from ongoing business operations and opportunities due to the proposed Merger; (8) the challenges of integrating and retaining key employees; (9) the effect of the announcement of the proposed Merger on Alerus’, HMNF’s or the combined company’s respective customer and employee relationships and operating results; (10) the possibility that the proposed Merger may be more expensive to complete than anticipated, including as a result of unexpected factors or events; (11) the amount of HMNF’s stockholders’ equity as of the closing date of the Merger and any potential downward adjustment in the exchange ratio; (12) the dilution caused by Alerus’ issuance of additional shares of Alerus’ common stock in connection with the Merger; and (13) changes in the global economy and financial market conditions and the business, results of operations and financial condition of Alerus, HMNF and the combined company. Please refer to Alerus’ Annual Report on Form 10-K for the year ended December 31, 2023 filed on March 8, 2024 and HMN’s Annual Report on Form 10-K/A for the year ended December 31, 2023 filed with the SEC on March 19, 2024, as well as both parties’ other filings with the SEC, for a more detailed discussion of risks, uncertainties and factors that could cause actual results to differ from those discussed in the forward-looking statements.

Any forward-looking statement included in this report is based only on information currently available to management and speaks only as of the date on which it is made. Neither Alerus nor HMNF undertakes any obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise, except as required by law.