Tuiga Out to Conquer the Adriatic

Yacht Club de Monaco’s Tuiga out to conquer the Adriatic

The two beautiful classic yachts, ‘Tuiga’ and ‘Mariska’, both designed by Scottish naval architect William Fife III begin their race in the Bacino di San Marco.

MONACO, July 14, 2022 (GLOBE NEWSWIRE) — Yacht Club de Monaco’s flagship Tuiga (1909) has just finished her Adriatic campaign of three match race meetings against Mariska, another 15M IR out of the four in the world still sailing. The crew of YCM members, all passionate about sailing and classic yachts, certainly made their mark on this regatta circuit.

A first to get the ball rolling

The gaff cutter’s summer agenda started in Venice at the IXe Trofeo Principato di Monaco (24-26 June), an historic event as Tuiga had never dropped anchor in Venetian waters before. “Elegant yet competitive, Tuiga embodies all the values we hold dear and to see her sailing in Venice is exceptional,” said Yacht Club de Monaco General Secretary Bernard d’Alessandri. This classic yacht meeting is down to Anna Licia Balzan, Monaco’s Honorary Consul in Venice, the Monegasque Tourism and Convention Authority in Italy, and the Venice Yacht Club and its president Mirko Sguario. The sight of the Sovereign yacht in La Serenissima will remain engraved in everyone’s memories.

With her trip to the gates of San Marco Square, the longest in the Mediterranean for this gaff cutter, another chapter has been written in the 113-year history of Tuiga. It was after two days of racing, from which Tuiga emerged the overall winner, that a match race event took place against Mariska. Between these two beautiful classic yachts, designed by Scottish naval architect William Fife III, the friendly duel unfolded in the Bacino di San Marco, with the vast Venetian Arsenal providing a stunning backdrop worthy of its protagonists.

Return match in Portorož

A few days later, Tuiga set sail for Slovenia’s Portorož bay (1-3 July), a journey that took just under seven hours. After a first day training, Tuiga and Mariska had to wait patiently for several hours until the weather improved and the two gaff cutters could line up on the start of an inshore course.

The Monaco-flagged yacht demonstrated with aplomb the crew’s expertise during numerous starting procedures, knowing just how to keep their position and retain the advantage till the starting gun fired. Faster downwind with the spinnaker, Mariska eventually won this contest with a professional crew experienced in high-level regattas.

Unprecedented tour ends in Italy

It was in Trieste, Italy, (9-10 July) that the Adriatic tour ended for the two 15M IRs, with a dozen sailors from the Yacht Club Adriaco on board to lend a hand to the Monegasques on this occasion. Two races were launched in 6-12 knots on a flat sea, with the Monegasque gaff cutter in control of her opponent to the first windward mark, before crossing the finish line first to claim victory. It was all change for the second race which was finally won by Mariska.

With all things being equal between the two yachts, they will need to get together soon for a decider. Meanwhile, Tuiga is back out at sea on the way to her home port and Yacht Club de Monaco via Brindisi and Palermo.

For more information:
LaPresse SpA Communication and Press Office Director
Barbara Sanicola – barbara.sanicola@lapresse.it

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/40d42ff5-c397-46ee-b6b0-25dfa06bbbe3 

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

 

Saint Lucia repositions Citizenship Programme under new slogan “Beyond the Passport”: CS Global Partners

London, July 14, 2022 (GLOBE NEWSWIRE) — The citizenship by investment programme of Saint Lucia is one of the youngest economic citizenship programmes in the Caribbean. The government has set up a dedicated Citizenship by Investment Board that oversees all the operations and assists investors while facilitating unmatched benefits for the country and its people.

The Saint Lucia Citizenship by Investment Programme Unit, a statutory body of the government is marketing and repositioning the programme under a new slogan called “Beyond the Passport.”

The Head of the Citizenship by Investment Programme Unit, Mc Claude Emmanuel said the unit is making the programme more effective for locals as well as for investors. He noted that the funds generated by the CIP of Saint Lucia are used for the development of the country, and the impact must benefit every Saint Lucian.

“Funds generated by the CIP are important for Saint Lucia. The government generates revenue from the donation offered through the programme, which is then spent on different development projects island wide. The revenue benefits social sectors, such as schools, healthcare, roads and housing,” said Mc Claude Emmanuel.

He further explained the importance of different investment options, including the National Economic Development Fund, which is also known as the Fund Option, “For the country, the Citizenship by Investment Programme holds immense importance.”

Saint Lucia’s Citizenship by Investment programme is the latest in the Caribbean region and is on par with some of the best programmes in the region. Launched in 2016, Saint Lucia has performed exceptionally well in the 2021 CBI Index, published by the PWM Magazine of Financial Times. It came out top in three pillars of excellence, namely minimum investment outlay, mandatory travel or residence and ease of processing.

Saint Lucia has been moving ahead with plans to position itself as a notable alternative to global investors in the investment mobility industry. As the world is dealing with uncertainty, entrepreneurs have been looking for stable, safe as well as peaceful destinations in which to move or start their businesses. Economic citizenship is the right choice for them. Investors can protect and grow their wealth by investing in alternative citizenship, which helps in portfolio diversification as well as wealth planning.

An investor can apply for alternative citizenship of Saint Lucia through the National Economic Fund Investment, most commonly known as the Fund Option under which the investors contribute to the country’s socio-economic development. The minimum investment under this investment option is USD 100,000.

The CIP of Saint Lucia is backed by a strong, robust and vigorous due diligence check process. The Saint Lucia government has been working closely with regional and international third-party firms to conduct background checks. The Programme is one of the most transparent in the industry, giving investors and partners access to information on how funds are used.

Citizenship by Investment Programme of Saint Lucia provides the following benefits, including:

  • Makes the investor a global citizen.
  • Assists the applicant in portfolio diversification and wealth planning.
  • Helps in expanding business overseas.
  • Provides citizenship for life, which can be passed on to future generations.
  • Gives an opportunity to spend the rest of their life in a peaceful and safe environment.

The investor can apply for the alternative citizenship of Saint Lucia via the following steps:

Step 1: Completion of the application by applicants.

Step 2: Submit the application at the CIP Portal

Step 3: The Documents are then verified by the CIP Unit and undergo a strong due-diligence process.

Step 4: The board takes a decision on the selection and rejection of the application.

Step 5: The certification is the last process of the application.

About Saint Lucia:

Saint Lucia is a small, mountainous Eastern Caribbean Island. It is 21 miles south of Martinique and 26 miles north of Saint Vincent and the Grenadines, all part of the Caribbean Sea’s Lesser Antilles islands. Saint Lucia’s lush landscape has a tropical rainforest with two lava spires called Pitons, which are the standout natural features.

The small island country is one of the world’s most beautiful and well-known destinations for travel enthusiasts. The attention of the travellers is largely drawn by the island’s majestic Piton Mountains, refreshing waterfalls, spectacular hiking trails, drive-in volcano, beautiful beaches, as well as exclusive restaurants.

The island is fondly called the Helen of the West as its beauty is comparable to Helen of Troy.

With regional specialities including pepperpots, langouste, and bouyon, Saint Lucia is a well-known Caribbean destination for those who enjoy trying new foods from different cultures. Seafood-based cuisine and locally cultivated products from farms to tables define the island’s culinary heritage.

Many people love travelling to the Caribbean country for its rich cuisines and organic agro products. The local food is influenced by French, East Indian and British dishes. The National Dish of Saint Lucia is Green Fig and Saltfish. The dish is typically prepared on weekends as well as especially during the Creole Day Festival, which is hosted in October.

Not only that, but Saint Lucia also endeavours to have its own coffee speciality in the region, which according to Deputy Prime Minister Ernest Hilaire will boom the tourism sector. He recently led discussions with an investor named Olmedo Vill, who aims to recommence coffee production in the country. He said over 13,000 plants will be cultivated by 2024. Not many people know that in the late 1700s, Saint Lucia and Martinique produced more than half of all coffee consumed in Europe. The country had more than 9 million coffee plants by the 1800s because of the country’s cool, shaded, volcanic ground and which is infused with citrus and spices.

Saint Lucia’s beautiful mountains, jungles, coasts, and historic locations showcase history and beauty and a great sense of living poetry add more touch to its tranquil environment.

PR Dominica
CS Global Partners
+44 (0) 207 318 4343
mildred.thabane@csglobalpartners.com

DroneBase Acquires UK-Based Inspection², Adding Aerial Inspections in Telecom, Transmission & Distribution

Acquisition Expands Global Footprint and Continues to Reduce Time to Inspect and Produce Actionable Insights for Customers Managing High-Value Assets in Critical Infrastructure Industries

Telecom Insights Platform

Telecom Insights Platform

SANTA MONICA, Calif., July 14, 2022 (GLOBE NEWSWIRE) — DroneBase, the leader in intelligent imaging, today announced the acquisition of U.K.-based Inspection², the leading provider of AI-enabled aerial inspections in the U.K. and Europe. With the acquisition, DroneBase continues to accelerate its global expansion, adding capabilities and services for the telecommunications, and transmission & distribution sectors globally.

This is DroneBase’s second acquisition in less than 12 months. In December 2021, the company added India-based AirProbe, a leader in AI-enabled inspections for the high-growth solar energy industry.

The acquisition of Inspection² expands DroneBase’s AI-enabled inspection capabilities across telecom and transmission & distribution, creating a complete offering for owners, operators, and investors in renewable energy infrastructure and systems.

“With Inspection², we can now inspect the entire renewable energy site from asset to grid. We’ve developed the industry’s leading offerings for solar and wind energy owners and operators. Inspection² has designed solutions that enable the transmission & distribution and the telecom sectors to quickly and accurately identify early warnings of degradation and take action to improve operations, planning, and risk mitigation,” said Dan Burton, CEO and founder of DroneBase.

Burton continued, “This acquisition enables us to immediately offer expanded services to our wind and solar clients while expanding to serve the telecom industry globally. I’m pleased to work closely with James and the Inspection² team to bring their solutions to our global customers.”

With AI, the Inspection² platform reduces analysis time by up to 70%, as compared to traditional inspection methods. With faster aerial inspections and processing, customers are able to make quicker decisions based upon insights – and keep staff safe.

“The challenges of protecting high-value assets have become complex – and more critical. Intelligent imagery is no longer an optional part of your monitoring and inspection – it’s a critical, bottom-line function for clients owning these assets,” said James Harrison, CEO of Inspection². “Our approach to making it simple and actionable for customers to protect high-value assets in critical infrastructure aligns perfectly with how DroneBase is defining the intelligent imaging industry. I’m very excited to join the team and bring the best of both companies to our customers.”

Harrison will lead T&D and Telecom business units at DroneBase and will report directly to Burton.

To learn more, visit dronebase.com.

ABOUT DRONEBASE
DroneBase is the leading intelligent imaging company for high-value infrastructure, providing businesses with actionable, real-time insights to recover revenue, reduce risk, and improve build quality. Headquartered in Santa Monica, California, DroneBase serves customers in the solar, wind, insurance, construction, real estate, and critical infrastructure industries. Trusted by the largest enterprises in the world, DroneBase is active in over 70 countries.

Contact

Robert Hull

Robert.hull@dronebase.com

Related Images


Image 1: Telecom Insights Platform

End-to-end software platform for telecom inspections

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Vinco Ventures Appoints Ted Farnsworth as Co-CEO

Ted Farnsworth, Co-Founder of ZASH Global Media and Entertainment, to Lead Alongside Lisa King as Co-CEO

ROCHESTER, N.Y., July 14, 2022 (GLOBE NEWSWIRE) — Vinco Ventures, Inc. (Nasdaq: BBIG) (“Vinco Ventures,” “Vinco,” or the “Company”), a digital media and content technologies holding company, today announced the appointment of Ted Farnsworth as co-Chief Executive Officer alongside Lisa King, current CEO of Vinco Ventures, effective June 8, 2022. Mr. Farnsworth and Ms. King will lead the Company as co-CEOs.

As Co-Founder and Chairman of ZASH Global Media and Entertainment (“ZASH”), Mr. Farnsworth was instrumental, along with Vinco and ZVV Media Partners (“ZVV”), in acquiring Lomotif and AdRizer, and has proven leadership and experience in the media industry. He has built many successful companies and is considered an expert in strategic development, marketing, public relations, consumer behavior and direct response marketing.

“I speak for myself and the entire Vinco team when I say how thrilled we are to welcome Ted to management in an official capacity as co-CEO,” said Lisa King, Co-CEO of Vinco Ventures. “Vinco and ZASH have begun to streamline our businesses. With Ted as co-CEO, together, we can more efficiently execute on our strategic growth plans with a clear understanding of our Company’s combined vision and plan.”

“I’ve worked alongside Vinco since the early days of ZASH and I am excited about the future. I am pleased to take on this role alongside Lisa, who was with me at ZASH when we acquired Lomotif,” said Ted Farnsworth, Co-CEO of Vinco Ventures. “As we continue moving forward and disrupting the media landscape, we remain focused on content, content, and content, and in turn, driving revenue through our portfolio of Vinco brands.”

A key component to Vinco’s growth strategy is Lomotif in combination with AdRizer and Mind Tank, our short-form video platform that drives user experiences with its user interface and patented editing tools. By utilizing Lomotif’s mobile or web-based platform, our ad and marketing platforms help drive engagement and grow revenue with premium content across the Vinco and ZASH ecosystem.

About Vinco Ventures
Vinco Ventures (Nasdaq: BBIG) is focused on the development of digital media and content technologies. Vinco Ventures’ consolidated subsidiary, ZVV Media Partners, LLC, a joint venture of Vinco Ventures and ZASH Global Media and Entertainment Corporation, has an 80% ownership interest in Lomotif Private Limited. Vinco Ventures owns a 100% ownership interest in AdRizer, LLC. For more information, please visit investors.vincoventures.com.

Forward-Looking Statements and Disclaimers
This press release contains “forward-looking statements” as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which are based upon beliefs of, and information currently available to, Vinco Ventures’ management as well as estimates and assumptions made by Vinco Ventures’ management. These statements can be identified by the fact that they do not relate strictly to historic or current facts. When used in this presentation the words “estimate,” “expect,” “intend,” “believe,” “plan,” “anticipate,” “projected,” and other words or the negative of these terms and similar expressions as they relate to the applicable company or its management identify forward-looking statements. Such statements reflect the current view of Vinco Ventures with respect to future events and are subject to risks, uncertainties, assumptions and other factors relating to Vinco Ventures and its subsidiaries and consolidated variable interest entities including Lomotif, their industry, financial condition, operations and results of operations. Such factors include, but are not limited to, the expected risks and benefits from the proposed increase in Vinco Ventures’ authorized shares as described in our proxy statement, Vinco Ventures’ investments in ZVV Media Partners, LLC, Lomotif Private Limited, PZAJ Holdings, LLC and related growth initiatives and strategies such as the blended media, cross-platform distribution strategy, the expected benefits of Lomotif’s participation in and sponsorship of live entertainment events, the expected benefits from acquisition of AdRizer and planned integration of the AdRizer technology with Lomotif and Honey Badger and synergies between AdRizer, Lomotif and Honey Badger, the regulatory risks with the NFT and blockchain business lines and such other risks and uncertainties described more fully in documents filed by Vinco Ventures and Cryptyde with or furnished to the Securities and Exchange Commission, including the risk factors discussed in Vinco Ventures’ Annual Report on Form 10-K for the period ended December 31, 2021 filed on April 15, 2022 which is available at www.sec.gov. Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, performance, or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.

For further information, please contact:

Investor Contact
KCSA Strategic Communications
Allison Soss
BBIGinvestors@kcsa.com

Media Contact
Vinco Ventures, Inc.
Brian Hart
Media@vincoventures.com

Mr. Tortilla Takes Top Tortilla Spot on Amazon, Growing 3,000%, and is Now Looking for Growth Partners

Mr. Tortilla

SAN FERNANDO, Calif., July 14, 2022 (GLOBE NEWSWIRE) — Mr. Tortilla is now one of the fastest-growing companies in Southern California. After developing an e-commerce business from scratch, Mr. Tortilla grew 3,000% in 2021 to become Amazon’s top-selling tortilla brand. Under normal brick-and-mortar retail conditions, this spectacular business growth wouldn’t be possible, but Mr. Tortilla proves that the Amazon and e-commerce model can help businesses perform a miracle.

“We knew we had something special,” said Anthony Alcazar, founder and president of Mr. Tortilla. “It was basic but compelling: people want to enjoy delicious, healthy tacos. We spent a decade fighting with competitors for shelf space in big brand stores before we pivoted. We decided to serve customers directly through Amazon. And I’m proud to say our customers responded by making us the best-selling tortilla brand on Amazon.”

Now, Mr. Tortilla is being courted by stores to shelve their products while customers ask to find their tortillas in stores. “We’re excited to look for growth partners who believe in what we’re accomplishing at Mr. Tortilla and who can help us take the business to the next level,” adds Alcazar.

Recently, Alcazar was invited to speak at the fourth annual CEO Summit of the Americas about how to leverage digital tools for growth, explaining how it wasn’t a smooth journey. Brothers Anthony and Ronald Alcazar first tried to compete in the retail tortilla industry, not knowing that giants dominated the shelf space in the supermarkets. Instead of throwing in the towel, the Alcazar brothers learned digital marketing and grew a social media presence that catapulted them to become the top tortilla brand on Amazon. Today, Mr. Tortilla is verified on TikTok, Instagram, and Facebook, with an audience of 250,000 followers combined across the platforms.

“It goes to show that anything is possible through God,” says Ronald Alcazar, COO of Mr. Tortilla. “In the end, we didn’t need to raise a formal round or a supermarket presence — just a simple idea and the passion to see it in the hands of people who want guilt-free tortillas. We built this thanks to the loyalty and enthusiasm of our customers for our innovative tortillas. Now, after 10 years of doing this on our own, we’re ready for growth partners who can help us expand Mr. Tortilla even further.”

As the keto/low-carb movement grows in popularity, Mr. Tortilla has expanded into low-carb cookie mix, brownie mix, flavored tortillas, tortilla chips, and organic salsas to meet customer demand. Mr. Tortilla is #1 in Amazon U.S. and Canada and has just launched in the EU on Amazon. Next, the company plans to create regular tortillas, grain-free tortillas, gluten-free tortillas and more, fulfilling its mission ideal that everyone, no matter their needs, deserves a delicious and healthy tortilla.

Contact Information:
Carolina Calkins
PR Manager
Email: mrtortilla@intelligent-relations.com

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Image 1: Mr. Tortilla

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Decentralized derivatives protocol ZKX raises $4.5m in seed funding from StarkWare, Alameda Research & more

ZKX’s derivative protocol will introduce complex trading strategies as simple perpetual swaps, creating new fundamentals to solve current challenges in the DeFi market.

DUBAI, United Arab Emirates, July 14, 2022 (GLOBE NEWSWIRE) — ZKX, the first permissionless derivatives trading protocol built on StarkNet, StarkWare’s L2 network that leverages ZK rollups, announced it has raised $4.5m in seed funding. Investors include StarkWare, Alameda Research, Amber Group, Huobi, Crypto.com and others. In addition, ZKX received investment from notable individual investors including Sandeep Nailwal, Co-Founder of Polygon, and Ashwin Ramachandran, General Partner at DragonFly Capital. The funding will go towards further development of ZKX’s core offerings, the ZKX open-source protocol, DAO funding and continued growth of the ZXK ecosystem.

The ZKX protocol is creating new frameworks to solve critical challenges in the DeFi market, including over-reliance on oracles, difficulty in bootstrapping liquidity for new derivatives, and centralized listing mechanisms. The ZKX mainnet is anticipated to go live in Q4 followed by the launch of its first product – an exchange that will enable trading of crypto derivatives on StarkNet with built-in rewards mechanisms, liquidity provisioning, and complex trading strategies.

ZKX was founded in 2021 by Eduard Jubany Tur, Naman Sehgal, and Vitaly Yakovlev. Prior to founding ZKX, Eduard and Naman held leadership positions at SOSV, one of the world’s top VC firms with over $1.2 billion AUM. The 30-person ZKX team includes top talent from the likes of Flipkart, PayTM, and Byju’s, with decades of shared experience in venture building, scaling technology startups, and financial derivatives structuring in over eight countries.

Eduard Jubany, Founder at ZKX, “We are determined to build an exchange that breaks down the barriers to using DeFi, and we’re doing that by building a protocol that enables trading derivatives of assets on StarkNet. Our goal is to expand the reach of ZKX across emerging markets, combining sound technology with a friendly user experience, and an ecosystem that enables users to have fair representation within a DAO. We are grateful to have the support of our investors who understand and believe in our vision. This milestone is just the beginning of a breakthrough year for ZKX and our partners. We’re creating new fundamentals for ZKX as well for the DeFi community, raising the bar for everyone.”

How ZKX’s Derivative Protocol Is Solving Market Challenges

ZKX is setting out to dispel the “decentralization illusion” that afflicts the present DeFi landscape by creating an ecosystem for derivatives anchored in decentralization. ZKX’s unique technology offers the following:

  1. Powered by DAOs: Enabling DAOs and projects to list derivatives markets for their tokens and offering trading incentives for the community.
  2. Liquid Governance: Allowing the separation of representation and token-holding in DAOs and fair representation for all stakeholders by providing Virtual Governance Shares (VGS) according to each stakeholder’s behavior in the protocol.
  3. Decentralized Order Book: Inclusive of a node network to help scale the derivatives exchange with a permissionless node client.
  4. L2 Scaling: ZKX trading interface powered by StarkNet, StarkWare’s ZK rollup, which provides low fees, instant settlements, fast withdrawals on the platform, and the support of the ever-growing StarkWare ecosystem.

ZKX has also received investment from Hashkey Capital, Orange DAO, Angel DAO, Dweb3, Caballeros Capital, Cluster Capital, and Gate.io. The protocol recently joined forces with Nethermind for a code audit this summer.

ZKX is poised to advance the burgeoning derivatives ecosystem based on principles of trustless, permissionless, and borderless DeFi. For more information, please visit ZKX.fi.

About ZKX
ZKX is a permissionless protocol for derivatives built on StarkNet, with a decentralized order book and a unique way to offer complex financial instruments as swaps. The protocol is powered by a DAO and will provide an elevated trading experience with gamified leaderboards and unique liquid governance. ZKX’s mission is to democratize access to global yields through its offerings to anyone, anywhere.

Media Contacts:
tanisha@zkx.fi
Elise.miller@serotonin.co