All posts by imreal

AVIOS Conference Helps Businesses Make a Tighter Connection to Customers and Employees


The fourth Conversational Interaction Conference will be held in San Jose, California, February 10-11, 2020. The conference explores the major AI trend of conversing with computers in human language through text or voice and analyzing unstructured voice or text databases.

Put it on your calendar! Consider sponsoring now to get the full benefits of continuing conference publicity, as well as high visibility on the conference web site and at the conference.

The major personal assistants–Apple’s Siri, Google Assistant, Amazon’s Alexa, Microsoft’s Cortana, and Samsung’s Bixby–illustrate the growing maturity of conversing with computers–“natural-language” interaction. You can communicate with customers through either speech or text through multiple channels. Employees can interact with company software more efficiently. Companies can analyze unstructured speech, video, and data files to understand what the data is telling them.

The Conversational Interaction Conference focuses on this key trend. Today, there are many tools and vendors that allow companies to exploit these innovations without a research project. Eventually, every company will find having a company digital assistant as necessary as a web site.

Sign up for the early registration discount or contact AVIOS about sponsoring.

About the Applied Voice Input Output Society:

The Conference is organized by AVIOS (the Applied Voice Input Output Society) and William Meisel’s TMA Associates. The Applied Voice Input Output Society (AVIOS) is a not-for-profit foundation created in 1981 with the goals of informing, educating, and providing resources for developers and designers of new and changing speech and natural language technologies. AVIOS endeavors to create linkages between users, developers, and researchers to advance speech and multimodal technology with a long tradition of conferences, varied workshops around the US, and an annual student speech application contest.

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Accresa Expands Texas Network to Improve Access to Primary Care Services for DFW Employees


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Accresa, a Dallas-based healthcare technology provider, is partnering with health systems in Dallas and select markets across the country to make promising healthcare solutions like direct primary care (DPC) more widely available and more easily scalable within the framework of an employer-sponsored health plan. Direct primary care is an emerging payment and healthcare delivery model that provides patients access to a core set of primary and preventive care services under a fixed, monthly membership rate. Through this approach, a growing number of progressive employers, payers, and healthcare providers have succeeded in driving down costs while offering patients improved access to high-quality primary care.

Most recently, Accresa has teamed up with Baylor Scott & White Health to expand DPC benefit options and offerings for Dallas-based employers and employees. Baylor Scott & White intends to build out a new DPC program to meet growing employer demand with the support of Accresa, whose proprietary software delivers the administrative interface and payments mechanisms required to bridge the gap between employers and health systems. The Accresa technology was designed to help health systems, like Baylor Scott & White, more efficiently manage direct contracts for emerging benefit models like direct primary care, while also offering the flexibility to scale quickly into new markets and customize plan offerings in response to evolving employer needs.

According to William Short, Chief Executive Officer of Accresa and its parent company, Ameriflex, “We are incredibly optimistic at the results we’ve seen, already, as emerging models like direct primary care become more mainstream and accessible to employers. Our role, and what our technology was designed to do, is to help the model scale so that more Americans can benefit from the savings and improved outcomes it has shown to deliver.”

Baylor Scott & White’s DPC program is being rolled out across a select number of clinic locations this year, with further extension planned throughout 2020. Baylor Scott & White joins a growing number of health systems and healthcare providers that are currently leveraging Accresa’s technology to facilitate the adoption of direct primary care offerings for group health plans.

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Mercury Insurance Launches Home Cyber Protection Coverage for Californian’s Homeowners and Renters


Homeowners and renters have enjoyed the added convenience provided by computers, tablets and smartphones, but these devices create new opportunities for cyber criminals to infiltrate your home. Mercury is here to protect its customers from cyber threats.”

Today, Mercury Insurance announced that it is offering home cyber protection coverage to homeowners and renters in California. This new coverage will provide Mercury policyholders with significant cyber insurance protection that includes payment and security solutions for computer and home system attacks, cyber extortion, online fraud and the breach of personal information involving smartphones, computers and connected home devices.

“Homeowners and renters have enjoyed the added convenience provided by computers, tablets and smartphones, but these devices create new opportunities for cyber criminals to infiltrate your home,” said Jane Li, Mercury’s director of product management. “Mercury is here to protect its customers from cyber threats, and the coverage can be added to an existing homeowners or renters insurance policy and protects families when using such devices both at and away from home.”

Home Cyber Protection Coverage will cost as little as $2.50 each month and includes the following:


  • Payments to recover data and restore systems that have been lost or damaged due to a cyber attack – including ransomware attacks involving malware or unauthorized use of devices.
  • Professional assistance by cyber extortion experts when responding to ransom demands.
  • Protection from online fraud that results in a direct financial loss to a covered policyholder.

Mercury’s Home Cyber Protection Coverage is initiated upon the insured’s discovery of a cyber attack, cyber extortion threat or fraud event. Individuals and families who discover the triggering event during the policy period and report the claim within 60 days will have full coverage from losses caused by cyber attacks. Coverage can be added mid-term, and limit options of $25,000 and $50,000 per year are available.

Li added, “An example of a cyber attack claim is if you receive a ransom demand on a computer after noticing your files are locked. The demand states that you need to pay $2,000. Mercury will review the claim and if credible, cover the insured’s loss.”

Currently, Mercury’s Home Cyber Protection Coverage is available to Arizona, California, Georgia, Illinois, Nevada, New Jersey, Oklahoma, Texas and Virginia homeowners and renters. Go to https://www.mercuryinsurance.com/insurance-products/homeowners-cyber-protection.html or contact a local Mercury Insurance agent to learn more.

ABOUT MERCURY INSURANCE

Mercury Insurance (MCY) is a multiple-line insurance organization predominantly offering personal automobile, homeowners and commercial insurance through a network of independent agents in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas and Virginia. Since 1962, Mercury has specialized in offering quality insurance at affordable prices. For more information visit http://www.mercuryinsurance.com or Facebook.com/MercuryInsurance and follow the company on Twitter.

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Christie Continues Inspiring Storytelling with New Core Series LED and CorePlus LED improvements


https://www.prweb.com/

Christie Core Series

“Both CorePlus and Core Series deliver enhanced benefits and design flexibility typically offered only on more expensive products from the competition.”

Christie continues inspiring and bringing the best value to its customers with today’s introduction of Christie Core Series and the next generation of Christie CorePlus. Core Series is perfect for applications such as shopping mall kiosks, airport and public transit signage, and select corporate installations with budgetary constraints.

Christie LED family inspires story telling on several levels

Whether it’s an enormous Las Vegas sportsbook, the largest multinational corporations, or a small business, Christie LED is inspiring customers around the world to tell their story with gorgeous visuals.

“We were, and still are, so excited to launch our Christie MicroTiles LED last February, which got a phenomenal response from our customers,” said Ted Romanowitz, senior product manager, Christie. “MicroTiles LED are best in class but there are occasions when customers don’t need those advanced capabilities or don’t have the budget, so we wanted to bring certain advanced capabilities to the ‘value’ space – and that’s where Core and CorePlus fit. Both CorePlus and Core Series deliver enhanced benefits and design flexibility typically offered only on more expensive products from the competition.”

With pixel pitches from 1.2 to 2.5 mm, redundant on-board power and ADA-compliant mount system; Christie Core Series installs directly onto any wall without a costly mounting frame, saving setup time and money for integrators and end users.

“Core Series makes LED video walls affordable for even small budgets without sacrificing quality and the high-value design delivers all the key features in a package that is easy to install and maintain,” said Romanowitz.

The Christie Core Plus LED difference

“Christie CorePlus has been very well received and we wanted to kick that up a notch and so we updated the product line in two important ways,” said Romanowitz. “First, we’ve improved optical performance to over 97 percent of the NTSE 1987 color spectrum for images that pop out at you even more than before. Second, we’ve unlocked some of the advanced image capabilities that we previously offered on the newer version of Apex Series in conjunction with our E600 controller.

“Now, combining CorePlus with the E600, customers have HD10-R signal compatibility to ensure content is always displayed correctly and in the finest detail. CorePlus also has Christie’s Clearview image processor for improved color performance and the sharpest, smoothest images – especially at low brightness levels. We’ve taken a well-received product and made it even better.”

Available in 1.2 to 4.0mm pixel pitches, Christie CorePlus delivers a tremendous amount of flexibility while the choice of on-board or remote power increases installation options – all at a competitive price point. Front and rear serviceable, Christie CorePlus is quick and easy to both install and maintain.

Both the new Core Series and the updated CorePlus ship in the summer of 2019.

About Christie

Christie Digital Systems USA, Inc. is a global visual and audio technologies company and a wholly-owned subsidiary of Ushio Inc., Japan (JP:6925). Consistently setting the standards by being the first to market some of the world’s most advanced projectors, complete system displays, and cinema audio solutions; Christie is recognized as one of the most innovative visual technology companies in the world. From retail displays to Hollywood, mission critical command centers to classrooms and training simulators, Christie display solutions and projectors capture the attention of audiences around the world with dynamic and stunning images, accompanied by awe-inspiring sound. Visit http://www.christiedigital.com.

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ConnectYourCare Partners with TouchCare to Provide Concierge Services for Enhanced Participant Experience


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Our partnership with TouchCare will increase our ability to educate and support our account holders, so they can maximize the value of their tax-advantaged benefit accounts.

ConnectYourCare, a national leader in consumer-directed health care account solutions, today announced a strategic partnership with TouchCare, a unique health concierge service that helps consumers navigate today’s complex health care challenges.

The partnership provides ConnectYourCare clients the option to supplement their tax-advantaged benefits with dedicated TouchCare personal assistance, to drive participant awareness and adoption of the consumer-driven offerings. TouchCare’s concierge service—which helps address common scenarios such as bill review and negotiation, care coordination, and open enrollment support—extends to ConnectYourCare’s health savings account (HSA), flexible spending account (FSA), and health reimbursement arrangement (HRA) health care offerings, as well as the company’s commuter and COBRA administration solutions.

“Our partnership with TouchCare will increase our ability to educate and support our account holders, so they can maximize the value of their tax-advantaged benefit accounts,” said ConnectYourCare Chief Executive Officer, Steve Grieco. “Helping consumers on their path to a greater understanding of benefits is critical to the success of consumer-driven programs. What results is greater transparency, higher satisfaction, and significant financial savings for both participants and employers.”

“TouchCare is thrilled to be partnering with ConnectYourCare to deliver a better participant experience,” said Rob LaHayne, TouchCare Chief Executive Officer. “Particularly when it comes to high deductible health plans—so much of the cost savings is dependent upon plan members getting the most bang for their buck while navigating their treatment options. Through an improved and empowered consumer experience, ConnectYourCare and TouchCare reduce both participant and employer costs, and make high deductible plans more successful for everyone.”

“We strive to offer the best customer support in this industry, and our partnership with TouchCare allows us to take our service excellence to an entirely new level,” added Nicole Williams, ConnectYourCare’s Senior Vice President of Sales and Broker Relationships. “We are proud to bring this relationship to market, knowing the impact that personal health assistance can have on consumers when it comes to understanding health care options and removing fears or confusion around high deductible plans and costs.”

About ConnectYourCare

As a consumer-directed health care pioneer and nationally recognized industry leader, ConnectYourCare delivers a comprehensive solution supporting health care savings accounts and expanded tax-advantaged offerings. Through continuous evolution, highly rated service, and domain expertise across the benefits, banking, and payments spectrum, we are revolutionizing the connection between health and wealth. ConnectYourCare creates greater participant value through intuitive account management; greater employer value and savings through dynamic, outcome-based workflows and tools; and greater partnership value through deep engagements to meet goals—with proprietary, cloud-based technology and a modern, intelligent platform as its foundation.

Trusted by leading organizations, spanning all industries and sizes, we are making it easier for people to manage care, so they can enjoy life. For more information, visit ConnectYourCare.com or follow us on Twitter @ConnectYourCare.

About TouchCare

TouchCare is a health care concierge service. Their team of Health Assistants helps members save money while making the best decision possible regarding health care plans. Furthermore, TouchCare assists members with the navigation of their health care benefits package, including medical, dental, vision, and all ancillary benefits. TouchCare conducts webinars for clients every Wednesday throughout the year, primarily focusing on employee wellness in and out of the workplace. The company partners with the business’s existing HR department to provide open enrollment support and guidance. TouchCare offers 30-minute consultations with members, where they can provide insight on which individual health care plan would benefit them the most. For more information, visit TouchCare.com.

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Liberty IT Solutions Awarded $23MM Supply Chain Master Catalog Task Order


Liberty IT Solutions LLC which specializes in Health Information Technology has been awarded the 60-month, $23 million Supply Chain Master Catalog (SCMC) prime task order. The Veterans Health Administration (VHA) envisions the implementation of an authoritative SCMC in a Software-as-a-Service (SaaS) capacity to act as the Single Source of Truth (SSoT), providing standardization to resolve significant business challenges. Liberty will carry out this vision under the guidance of the Supply Chain Data and Informatics Office (SCDIO).

Liberty will collaborate with partners, Prodigo Solutions, Inc. and Atlas Research, on the SCMC task order. Prodigo’s ProdigoMarketplace is used by more than half of the nation’s Top US News and World Report Honor Roll Hospitals to improve contract utilization, increase on-contract spend, and ensure contract price accuracy. Prodigo has proven success in supply chain needs of large health systems, while Atlas is a trusted VA partner. The supply chain experience of these two partners, combined with Liberty’s expertise in system integration and cloud-first capabilities, will produce a delivery team focused on implementing the highest quality system for the VHA’s SCMC.

Bill Greene, CEO of Liberty IT Solutions, says of the win, “The requirements of the SCMC task order align perfectly with Liberty’s SaaS capabilities. SaaS is proving to be the answer to many government health IT challenges, and Liberty is excited to lend our SaaS implementation expertise to the SCMC task order. As a company, we look forward to materializing VHA’s vision of implementing a system that will streamline critical supply chain functions.”

With a great amount of cloud experience and capabilities, Liberty, alongside Prodigo and Atlas, will provide a cloud-based solution that will harmonize data and consolidate all supply chain management capabilities into one system—the Supply Chain Master Catalog.

About Liberty                                                                            

Liberty IT Solutions provides transformative services and support to multiple government agencies across a diverse portfolio of Health IT projects. Our team believes that lines of code can change lives and is driven to enable that to happen more often, more securely and more efficiently.

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Vertical Flight Society Reports More Than 200 eVTOL Aircraft Now in Development


Gannett Fleming "SKYPORT" design

Gannett Fleming’s “SKYPORT” design for Uber’s “Elevate” electric vertical takeoff and landing (eVTOL) urban air mobility (UAM) service is envisions the infrastructure for future eVTOL operations.

The VFS website www.eVTOL.news — the world’s first and foremost website on electric VTOL — has more than 200 designs in the World eVTOL Aircraft Directory, as well as more than 200 feature articles and news items.

The Vertical Flight Society (VFS) recently added the 200th electric vertical takeoff and landing (eVTOL) aircraft concept to its online World eVTOL Aircraft Directory. The Directory, launched in 2017, is the world’s most comprehensive compendium of electric and hybrid/electric-powered VTOL aircraft in development by aerospace companies, entrepreneurs and inventors around the globe.

“We recognized in 2013 that there was a rapid convergence of technologies — including advances in electric motors, batteries, power management systems, fly-by-wire flight controls and lightweight composite structures — that would enable what we call the Electric VTOL Revolution,” said Mike Hirschberg, VFS Executive Director. VFS held the world’s first technical meeting on eVTOL in 2014 and the Society’s 7th Annual Electric VTOL Symposium will be held in Silicon Valley in January. “Electric VTOL is one of the most exciting developments in aviation since the birth of the helicopter more than 75 years ago. It holds the promise of being even more transformative than the advent of turbine engines.”

Thousands of people are now engaged in eVTOL aircraft development — including more than 60 percent of the VFS’s corporate members — and the Electric VTOL Revolution is being propelled by many of the world’s leading aerospace, technology, automotive, transportation and distribution companies, as well government agencies, militaries and academia. Missions enabled by electric VTOL technologies will likely include urban air mobility (UAM), regional air mobility (RAM), cargo delivery, personal air vehicles (PAVs), emergency medical service (EMS) and many others as yet unknown.

“The advent of distributed electric propulsion (DEP) has led to radical new eVTOL aircraft configurations that don’t resemble traditional fixed-wing aircraft or rotorcraft. DEP provides developers with exciting new opportunities to radically reduce the operating cost, noise and complexity of vertical flight,” said Hirschberg.

The Society began compiling the World eVTOL Aircraft Directory in late 2016 when only a half-dozen electric-powered VTOL aircraft were known to exist and the term “eVTOL” was only used by a small segment of the aerospace community. The VFS Directory on http://www.eVTOL.news — the world’s first and foremost website on electric VTOL — also features more than 200 feature articles and news items, and is updated daily by VFS staff. The free online Directory logged its 50th eVTOL aircraft in January 2018, its 100th in July 2018 and its 150th in January 2019.

“The Vertical Flight Society’s role is to help these companies, engineers, inventors and government agencies to overcome the many barriers to commercial success, which include technology, regulations, infrastructure, air traffic management and system safety,” said Jim Sherman, VFS Director of Strategic Development. “We support the eVTOL community through the many benefits of VFS membership, but also by holding conferences and workshops to increase understanding and collaboration in this rapidly advancing field.”

VFS is hosting its first in a new series of eVTOL workshops on the “defining challenges” for UAM aircraft, next week on Sept. 10-12 at the US Navy Memorial Visitors Center in Washington, D.C. This three-day meeting is dedicated to identifying the foundational elements needed to support this growing industry — particularly infrastructure, air traffic management, noise and system safety.

Importantly, this workshop will review the activities of key organizations, and look for gaps and overlaps in development to ensure a successful realization of UAM and other eVTOL missions. VFS has invited presentations by leaders from the Aerospace Industries Association (AIA), ASTM International, the General Aviation Manufacturers Association (GAMA), the National Business Aviation Association (NBAA), SAE International and the newly-founded Community Air Mobility Initiative (CAMI).

The organizers of the workshop include Rex Alexander, Five-Alpha; John Koelling, NASA; Misty Davies, NASA; Jonathan Hartman, Sikorsky, a Lockheed Martin Co.; Ajay Sehgal, KBR; Dan Newman, Boeing; Anubhav Datta, University of Maryland; and Ken Goodrich, NASA.

The event feature talks by 50 eVTOL leaders, including Mel Johnson, Federal Aviation Administration; Joe Van Valen and Bert Williams, White House Office of Science & Technology Policy (OSTP); Starr Ginn, NASA; Mark Moore, Uber Elevate; and many other leaders. Registration is open throughout the event: http://www.vtol.org/dc. (Note: since this is a working meeting, members of the media cannot attend.)

About VFS: The Vertical Flight Society was founded as the American Helicopter Society in 1943 by the visionaries of the early helicopter industry, who believed that technological cooperation and collaboration were essential to support this new type of aircraft. Today, VFS plays a similar role helping to advance today’s revolutionary VTOL aircraft. It is the world’s oldest and largest vertical flight technology organization.

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Discover Some of The Most Important Advantages of Comparing Online Car Insurance Quotes


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“Comparing online car insurance quotes is not only fast and reliable, but it will also help you avoid dealing with pushy insurance agents that only want to sell you the insurance products that can bring them the largest commissions”, said Russell Rabichev, Marketing Director of IMC

Carinsuranceshoppingsource.com has launched a new blog post that presents several advantages of comparing online car insurance quotes.

For more info and free car insurance quotes, visit https://carinsuranceshoppingsource.com/a-short-list-with-advantages-of-comparing-online-quotes/

Comparing online quotes can help drivers decide what insurance policy is the best for them. The main reason for obtaining quotes is to estimate the cost of an insurance policy. Accurate quotes will help policyholders manage their budget and scan the market for insurance coverage they can afford.

Comparing online quotes will help drivers gain the following advantages:


  • It’s fast and reliable. Using a brokerage website is very useful for those persons who are interested in car insurance quotes, but who do not want to waste time and money while shopping around in a traditional manner. Before the internet, drivers had to go from one insurance agent to another to obtain quotes. Also, getting quotes from insurance agents is not free. Phone calling insurance companies’ representatives is also time-consuming and quotes can be inaccurate if the insurer representative mishears the policyholder.
  • Easy to customize quotes. Drivers can simulate many different insurance plans by tweaking the information inserted in the online questionnaire. They can change what coverages they want, coverage limits, deductibles, and extra options. By doing so, drivers can tailor a policy that is suitable for their needs.
  • No more stress. Getting online car insurance quotes has lots of benefits for policyholders. Not having to deal with a car insurance agent is one of the biggest benefits. Car insurance agents are working for car insurance providers, and they will try to convince the drivers to buy insurance from them. In many cases, car insurance agents can be pushy and will pressure the drivers to buy insurance products that they don’t actually need. Car insurance brokers who claim that they are independent can also be biased towards an insurance company. Comparing online quotes will help drivers avoid pressure in order to make a responsible decision.

For additional info, money-saving tips and free car insurance quotes, visit https://carinsuranceshoppingsource.com/

Carinsuranceshoppingsource.com is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

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Damo Consulting CEO Paddy Padmanabhan Co-Presents at SHSMD Connections 2019


Paddy Padmanabhan, CEO of Damo Consulting, will be co-presenting a session at the SHSMD Connections 2019 conference in Nashville on September 10 with Peter Rasmussen, MD, Medical Director for Distant Health for the Cleveland Clinic. They will be addressing how to develop a digital health roadmap, sharing the experiences of the Cleveland Clinic.

The session will outline the internationally renowned Cleveland Clinic’s digital transformation strategy and describe its digital roadmap for engaging patients and enabling caregivers. Audiences will learn about the tools and frameworks used and how a large group of cross-functional stakeholders came together to develop the roadmap, evaluate technology solutions, and harness internal and external innovation.

Who: Paddy Padmanabhan, CEO, Damo Consulting and Peter Rasmussen, MD, Medical Director for Distant Health, Cleveland Clinic

What: Developing a Digital Health Roadmap: The Cleveland Clinic Experience

Where:    SHSMD Connections 2019, Concurrent 4, Music City Center, Nashville, TN

When: Tuesday, September 10 – 11:10 am. EDT

“Planning and deploying an effective enterprise digital health roadmap is the game changer for health systems everywhere who are committed to enabling better patient engagement and subsequently improved outcomes,” said Paddy Padmanabhan. “I’m honored to have the opportunity to speak at SHSMD Connections 2019 with Dr. Rasmussen and share valuable experiences and insights that can enable a more seamless digital transformation journey for other healthcare leaders.”

About SHSMD Connections

SHSMD Connections 2019, taking place Sept. 9-11 at the Music City Center in Nashville, is a leading event for establishing vital relationships and positioning your products and services effectively with healthcare strategy leaders. It brings together more than 1600 healthcare marketing, strategic planning, communications and public relations professionals on site, of which 60% are director-level or above, and over 4000 SHSMD members from across the nation. Follow the conversation at #SHSMD19.

About Cleveland Clinic

Cleveland Clinic, located in Cleveland, Ohio, is a not-for-profit, multispecialty academic medical center that integrates clinical and hospital care with research and education. Founded in 1921 by four renowned physicians with a vision of providing outstanding patient care based upon the principles of cooperation, compassion and innovation, Cleveland Clinic has become one of the largest and most respected hospitals in the country. Cleveland Clinic health system includes eight regional hospitals, 16 family health centers, a children’s hospital for rehabilitation, and one affiliate hospital. The Clinic is accredited by The Joint Commission, the nation’s largest accreditor of healthcare organizations.

About Damo Consulting

Damo Consulting is a growth strategy and digital transformation advisory firm that works with healthcare enterprises and global technology companies to develop and implement digital transformation strategies that enable market growth. The firm specializes in thought-leadership- led brand transformation and actionable healthcare market intelligence.

CEO Paddy Padmanabhan is a frequent speaker, author and expert in healthcare digital transformation. He has worked in healthcare IT for more than two decades and works extensively with leading healthcare CIOs.

For media inquiries, contact:

info@damoconsulting.net

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Grolltex Graphene Closes Oversubscribed Private Placement Financing Round


“Switching graphene sensor designs from silicon to plastic creates cost savings of 100x or more”, Jeff Draa, CEO, Grolltex

Grolltex, for ‘graphene-rolling-technologies’, the largest commercial producer of single layer, ‘electronics grade’ graphene and graphene sensing materials in the U.S., announces that it has closed a non-brokered, oversubscribed private placement financing, in the form of a convertible note, with local area private investors. The gross proceeds of the private placement will be used for general working capital purposes and for increasing the capacity and quality testing capabilities of the company’s production facility in San Diego, California.

The company is focused on delivering inexpensive and enabling solutions to advanced nano-device and graphene sensor makers by fabricating the highest quality single layer graphene attainable, via chemical vapor deposition (or ‘CVD’). The company is now capable of producing monolayer graphene sensors on large area plastic sheets at a cost of pennies per unit, in a high throughput and sustainable way. Further, Grolltex is helping customers that currently produce their graphene sensors on silicon wafers, to transition that production capacity to making their sensors on large area sheets of biodegradable plastic instead, at a >100X cost savings.

Monolayer graphene films are today seen as the most promising futuristic sensing materials for their combination of surface to volume ratio (the film is only one atom thick) and conductivity (the most conductive substance known at room temperature). Markets that are commercializing advanced sensors made of graphene include DNA sensing and editing, new drug discovery and wearable bio-monitors for glucose sensing and autonomous blood pressure monitoring via patches or watch-like wearable bracelet devices.

No securities were issued and no cash was paid as bonuses, finders’ fees, compensation or commissions in connection with the private placement.

About Grolltex:

Grolltex, Inc., is a nanotechnology materials, products and equipment company focusing on the optimization and advancement of the key monolayer material ‘graphene’ and related 2D materials. The company holds a number of strategic patents and technological advantages in areas relating to the manufacture of high quality, monolayer ‘CVD’ graphene and hexagonal Boron Nitride as well as on several advanced products made of graphene and 2D materials, such as hyper efficient solar cells, next generation sensors, advanced fuel cells and futuristic super-thin and flexible sensors for use in wearables, smart phones and other electronics.

Grolltex is a practitioner of, and specializes in, exclusively sustainable graphene production methods and is committed to advancing the field of graphene to improve the future of leading-edge materials science and product design through the optimization of single atom thick materials.

For complete information, please visit: https://grolltex.com/

Media Contact:

Attn: Media Relations, Grolltex, Inc.

10085 Scripps Ranch Court, Suite D

San Diego, CA 92131

858-368-9065

support(at)grolltex(dot)com

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