Global Autonomous Corporation (GAC), a Subsidiary of Alpine 4 Holdings Nasdaq: (ALPP), Establishes a Presence in the United Arab Emirates

PHOENIX, AZ / ACCESSWIRE / May 8, 2023 / Alpine 4 Holdings, Inc. (NASDAQ:ALPP), a leading operator and owner of small market businesses, announces that its subsidiary, Global Autonomous Corporation (GAC) has selected Dubai, United Arab Emirates, as its first international point. The Company is working towards the deployment of the GAC Fulfillment Delivery Network […]

PHOENIX, AZ / ACCESSWIRE / May 8, 2023 / Alpine 4 Holdings, Inc. (NASDAQ:ALPP), a leading operator and owner of small market businesses, announces that its subsidiary, Global Autonomous Corporation (GAC) has selected Dubai, United Arab Emirates, as its first international point. The Company is working towards the deployment of the GAC Fulfillment Delivery Network in and around Dubai, dubbed “The City of the Future,” as they have a proven willingness to adopt new and emerging concepts and technologies. The Alpine 4 Executive Team are in Dubai May 8th-15th to establish a new office in the heart of Dubai’s technology epicenter, near the Burj Khalifa, that will support strategic business functions, including kiosk operations, flight management and business infrastructure. Additionally, Alpine 4 /GAC’s UAE based consultants, Ghani Consulting, have set up meetings with top officials within several agencies and authorities including: the Dubai Civil Aviation Authority, Dubai Smart City and Silicon Oasis, Dubai Roads and Transportation Authority, Dubai Police Ports, Dubai Small Medium Enterprise, H.E Helal Saeed Almarri, General Manager of Dubai’s Economy and Tourism Authority, and the Dubai Future Foundation to further the initiatives of GAC. As GAC expands into Dubai and throughout the UAE, the Company seeks to add Dubai’s highly skilled local workforce as it aims to immediately add executives and support staff to meet GAC’s growth initiatives, subsequently supporting the local economy of Dubai.

Kent Wilson, CEO of Alpine 4 and Global Autonomous Corporation had this to say, “After visiting Dubai in late September 2022, the Company concluded that Dubai, and by a larger part, the UAE, represents an ideal host city and country for the inaugural deployment of the GAC Mesh Fulfillment Network due to their regulatory desire and potential user base to see these technologies deployed. We also understood the magnitude of choosing Dubai as the first city to receive the GAC Mesh Fulfillment Network, as the City’s commitment to embracing new technologies is second to none around the world. This is the perfect environment to showcase our Vayu Aerospace American Made G1 Drones to the UAE and future US-2’s. I want to personally say thank you to all the hard-working groups that have brought us to this point; we look forward to a long and prosperous relationship with Dubai and the UAE.”

To lean more about the various agencies and authorities the Alpine Team will be meeting with, visit:

https://www.dcaa.gov.ae/

https://www.dubaifuture.ae/

https://www.dsoa.ae/

https://www.rta.ae/wps/portal/rta/ae/home?lang=en

https://sme.ae/Default/en

https://www.dubaitourism.gov.ae/en/

About Global Autonomous Corporation: Global Autonomous Corporation’s (GAC) mission is direct and resolute. Create a simple, pleasant, and meaningful user experience to deliver goods autonomously.

https://gacusa.global/

About Alpine 4 Holdings: Alpine 4 Holdings, Inc. is a Nasdaq traded Holding Company (trading symbol: ALPP) that acquires business, wholly, that fit under one of several portfolios: Aerospace, Defense Services, Technology, Manufacturing or Construction Services as either a Driver, Stabilizer or Facilitator from Alpine 4’s disruptive DSF business model. Alpine 4 works to vertically integrate the various subsidiaries with one another even if from different industries. Alpine 4 understands the nature of how technology and innovation can accentuate a business, focusing on how the adaptation of new technologies, even in brick-and-mortar businesses, can drive innovation. Alpine 4 also believes that its holdings should benefit synergistically from each other, have the ability to collaborate across varying industries, spawn new ideas, and create fertile ground for competitive advantages.

Four principles at the core of our business are Synergy. Innovation. Drive. Excellence. At Alpine 4, we believe synergistic innovation drives excellence. By anchoring these words to our combined experience and capabilities, we can aggressively pursue opportunities within and across vertical markets. We deliver solutions that not only drive industry standards, but also increase value for our shareholders.

Contact: Investor Relations

investorrelations@alpine4.com

www.alpine4.com

Forward-Looking Statements: Certain statements and information in this press release may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the Private Securities Litigation Reform Act of 1995. The information disclosed in this press release is made as of the date hereof and reflects Alpine 4 most current assessment of its historical financial performance. Actual financial results filed with the SEC may differ from those contained herein due to timing delays between the date of this release and confirmation of final audit results. These forward-looking statements are not guarantees of future performance and are subject to uncertainties and other factors that could cause actual results to differ materially from those expressed in the forward-looking statements including, without limitation, the risks, uncertainties, including the uncertainties surrounding the current market volatility, and other factors the Company identifies from time to time in its filings with the SEC. Although Alpine 4 believes that the assumptions on which these forward-looking statements are based are reasonable, any of those assumptions could prove to be inaccurate and, as a result, the forward-looking statements based on those assumptions also could be incorrect. You should not place undue reliance on these forward-looking statements. The forward-looking statements contained in this release are made as of the date hereof, and Alpine 4 disclaims any intention or obligation to update the forward-looking statements for subsequent events.

Other factors that may affect our businesses include global economic trends, competition and geopolitical risks, including changes in the rates of investment or economic growth in key markets we serve, or an escalation of sanctions, tariffs or other trade tensions between the U.S. and China or other countries, and related impacts on our businesses’ global supply chains and strategies; market developments or customer actions that may affect demand and the financial performance of major industries and customers we serve, such as secular, cyclical and competitive pressures in our Technology, Construction and Manufacturing businesses; pricing, the timing of customer investment and other factors in these markets; demand for our products or other dynamics related to the COVID-19 pandemic; conditions in key geographic markets; and other shifts in the competitive landscape for our products and services; changes in law, regulation or policy that may affect our businesses, such as trade policy and tariffs, regulation and the effects of tax law changes; our decisions about investments in research and development, and new products, services and platforms, and our ability to launch new products in a cost-effective manner; our ability to increase margins through implementation of operational changes, restructuring and other cost reduction measures; the impact of actual or potential failures of our products or third-party products with which our products are integrated, and related reputational effects; the impact of potential information technology, cybersecurity, or data security breaches at Alpine 4, our subsidiaries or third parties; and the other factors that are described in “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2022, as updated in our Quarterly Reports on Form 10-Q.

SOURCE: Alpine 4 Holdings, Inc.

Recursion Enters into Agreements to Acquire Cyclica and Valence to Bolster Chemistry and Generative AI Capabilities

SALT LAKE CITY and TORONTO and MONTRÉAL, May 08, 2023 (GLOBE NEWSWIRE) — Recursion (NASDAQ: RXRX), a leading clinical stage TechBio company decoding biology to industrialize drug discovery, today announced it has signed agreements to acquire two companies in the AI-enabled drug discovery space: Cyclica and Valence. “Recursion has pioneered the massive, parallel generation of […]

SALT LAKE CITY and TORONTO and MONTRÉAL, May 08, 2023 (GLOBE NEWSWIRE) — Recursion (NASDAQ: RXRX), a leading clinical stage TechBio company decoding biology to industrialize drug discovery, today announced it has signed agreements to acquire two companies in the AI-enabled drug discovery space: Cyclica and Valence.

“Recursion has pioneered the massive, parallel generation of -omics data with machine learning in order to map and navigate biology to discover new medicines faster. The strategic acquisitions of Cyclica and Valence add industry-leading capabilities in digital chemistry, as well as machine-learning and artificial intelligence, which combined with our large-scale automated wet-laboratories and supercomputing capabilities, enables us to deploy what I believe is the most complete, technology-enabled drug discovery solution in the biopharma industry. We look forward to showing the world proof of the compounding benefit of this full-stack approach through the rapid acceleration of our pipeline and partnerships. Amidst a rapidly accelerating global race for technology talent, these acquisitions cement Recursion as the center of gravity for the best and brightest in ML and AI who want to reimagine how drugs are discovered,” said Chris Gibson, Ph.D., Co-Founder and CEO of Recursion. “I am so excited to welcome the Cyclica and Valence teams to Recursion, especially at such a dynamic moment in history when machine learning and artificial intelligence are creating so much rapid change across every industry.”

Cyclica, headquartered in Toronto, has built two highly differentiated products in the digital chemistry space which will be integrated into the RecursionOS. MatchMaker™ is an AI-enabled deep learning engine that predicts the polypharmacology of small molecules as the foundation for small molecule drug discovery. It is able to generalize across the proteome and uses both AlphaFold2 structures and homology models. POEM™ (Pareto Optimal Embedding Model) is a unique similarity-based property prediction model. In contrast to other AI prediction models, POEM uses multiple types of molecular fingerprints to describe molecules, providing a much richer measure of similarity that leads to greater accuracy.

“Cyclica and Recursion both believe in the value of industrializing drug discovery,” said Naheed Kurji, CEO and Co-Founder of Cyclica. “Combining our proteome-wide prediction of small molecule-target interactions into Recursion’s data universe will create one of the largest fit-for-purpose biological and chemical datasets in the drug discovery space. Together, I believe Recursion will have an immense impact on human health in the years to come.”

Valence, headquartered in Montréal at Mila, the world’s largest deep learning research institute, is committed to unlocking the full potential of deep learning in the drug discovery process. The company has pioneered the application of low-data learning in drug design, unlocking the ability to design differentiated small molecules with improved properties and function from datasets too small, sparse, or noisy for traditional deep learning methods. Valence has an unparalleled track record of innovation in molecular machine learning, including best-in-class methods for AI-enabled structural biology, generative chemistry, and multi-parametric optimization, ultimately enabling the design of best-in-class or first-in-class chemistry against challenging biology.

“The integration of Valence’s powerful AI-based chemistry engine into Recursion’s diverse and data-rich operating system will help unlock the true power of AI-first digital chemistry and drug discovery,” said Daniel Cohen, CEO and Co-founder at Valence Discovery. “Recursion is a leader in technology-enabled drug discovery with a proven track record of leveraging data to uncover novel biology, and I’m thrilled for our teams to join forces and combine our respective strengths to rapidly advance new medicines to patients who need them.”

Joining forces with Recursion’s Montréal deep learning research office, Valence will become an artificial intelligence and machine learning research center to be led by Daniel Cohen with continued advisory from Yoshua Bengio.

“The acquisition of Valence gives Recursion the opportunity to create a true center of excellence for some of the most compelling AI/ML research in the world,” said Yoshua Bengio, deep learning pioneer and scientific advisor to both Recursion and Valence. “With this newly integrated group housed in the Mila ecosystem, Recursion’s team of researchers in AI and ML for drug discovery reaches a critical mass at a crucial time in the development of new AI algorithms for scientific discovery.”

Terms of the Acquisitions

Recursion has entered into agreements to acquire Cyclica for a purchase price of $40 million and Valence for a purchase price of $47.5 million, in each case subject to customary closing and post-closing purchase price adjustments. The purchase price in the acquisitions will be payable in the form of shares of Recursion Class A common stock, shares of a subsidiary of Recursion exchangeable for shares of Recursion’s Class A common stock and the assumption of certain outstanding Valence and Cyclica options. In certain limited circumstances, Recursion may pay nominal cash consideration to Valence and Cyclica shareholders in lieu of such exchangeable shares or Recursion Class A common stock. Recursion expects no material change to its cash runway as a result of these acquisitions. Recursion expects both acquisitions to be completed in the second quarter of 2023, subject to applicable closing conditions.

About Recursion
Recursion is a clinical stage TechBio company leading the space by decoding biology to industrialize drug discovery. Enabling its mission is the Recursion OS, a platform built across diverse technologies that continuously expands one of the world’s largest proprietary biological and chemical datasets. Recursion leverages sophisticated machine-learning algorithms to distill from its dataset a collection of trillions of searchable relationships across biology and chemistry unconstrained by human bias. By commanding massive experimental scale — up to millions of wet lab experiments weekly — and massive computational scale — owning and operating one of the most powerful supercomputers in the world, Recursion is uniting technology, biology and chemistry to advance the future of medicine.

Recursion is headquartered in Salt Lake City, where it is a founding member of BioHive, the Utah life sciences industry collective. Recursion also has offices in Toronto, Montréal and the San Francisco Bay Area. Learn more at www.Recursion.com, or connect on Twitter and LinkedIn.

About Cyclica
As a neo-biotech, Cyclica is efficiently advancing an industry-leading, robust and sustainable drug discovery portfolio focused on CNS, oncology, and auto-immune diseases. Cyclica has built the only generalizable platform across the entire proteome, expanding the target space for low-data targets, including AlphaFold2 structures, PPIs, and mutant oncogenic targets. Cyclica has brought together a diverse and experienced team of biologists, chemists, computer scientists, and business professionals who are collectively passionate about changing the drug discovery paradigm. By exploring the unexplored, and drugging the undrugged, Cyclica strives to impact patient health like never before. For more information, please visit: www.cyclicarx.com.

About Valence Discovery
Valence is harnessing a revolution in computation to improve human health. The company is a leader in developing and deploying AI and physics-based technologies to enable the design of differentiated small molecules with improved properties and function. Following successful partnerships with leading biotech and pharmaceutical companies, and an unparalleled track record of innovation featured in top AI journals and conferences, Valence has built a team of interdisciplinary industry veterans and computational experts focused on rapidly advancing a portfolio of internal drug discovery programs. Valence launched publicly in 2021, is supported by leading biotech and deeptech investors, and is headquartered in Montréal. To learn more, please visit www.valencediscovery.com.

Media Contact

Media@Recursion.com

Investor Contact
Investor@Recursion.com

Forward-Looking Statements
This document contains information that includes or is based upon “forward-looking statements” within the meaning of the Securities Litigation Reform Act of 1995, including, without limitation, those regarding the timing and completion of the Cyclica and Valence acquisitions and the outcomes and benefits expected from such acquisitions; Recursion OS and other technologies; business and financial plans and performance, including cash runway; and all other statements that are not historical facts. Forward-looking statements may or may not include identifying words such as “plan,” “will,” “expect,” “anticipate,” “intend,” “believe,” “potential,” “continue,” and similar terms. These statements are subject to known or unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements, including but not limited to: challenges inherent in pharmaceutical research and development, including the timing and results of preclinical and clinical programs, where the risk of failure is high and failure can occur at any stage prior to or after regulatory approval due to lack of sufficient efficacy, safety considerations, or other factors; our ability to leverage and enhance our drug discovery platform; our ability to obtain financing for development activities and other corporate purposes; the success of our collaboration activities; our ability to obtain regulatory approval of, and ultimately commercialize, drug candidates; our ability to obtain, maintain, and enforce intellectual property protections; cyberattacks or other disruptions to our technology systems; our ability to attract, motivate, and retain key employees and manage our growth; inflation and other macroeconomic issues; and other risks and uncertainties such as those described under the heading “Risk Factors” in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K. All forward-looking statements are based on management’s current estimates, projections, and assumptions, and Recursion undertakes no obligation to correct or update any such statements, whether as a result of new information, future developments, or otherwise, except to the extent required by applicable law.

GlobeNewswire Distribution ID 8833750

Diyala Agriculture Directorate: Wheat production in the governorate reaches 230,000 tons

Diyala Agriculture Directorate expected that wheat production would reach / 230 / thousand tons, which would achieve self-sufficiency in securing the flour items within the ration card.The Director of Diyala Agriculture Media, Muhammad al-Mandalawi, to…

Diyala Agriculture Directorate expected that wheat production would reach / 230 / thousand tons, which would achieve self-sufficiency in securing the flour items within the ration card.

The Director of Diyala Agriculture Media, Muhammad al-Mandalawi, told the correspondent of the National Iraqi News Agency (NINA): "The abundance of rains contributed greatly to increasing the area of land cultivated with the wheat crop and increasing production," noting: "The production of one dunum may reach two tons of wheat."

He added: "The support of the Ministry of Agriculture for the winter plan, by providing seeds and fertilizers, contributed to creating high flexibility in increasing areas and achieving abundant production."

Source: National Iraqi News Agency

Al-Sudani sponsors the regional forum initiative for mass communication

The initiative of the Regional Forum for Mass Communication will be launched this evening, under the auspices of Prime Minister Muhammad Shiaa Al-Sudani.Advisor to the Prime Minister, Mustafa Al-Naji, said: “The (Regional Forum) initiative will start a…

The initiative of the Regional Forum for Mass Communication will be launched this evening, under the auspices of Prime Minister Muhammad Shiaa Al-Sudani.

Advisor to the Prime Minister, Mustafa Al-Naji, said: “The (Regional Forum) initiative will start at eight o’clock this evening, Monday, under the supervision of the Prime Minister’s Advisor for Political Affairs, as one of the projects of the Public Communication Team, in coordination with the Directorate of Relations, Media and Community Police at the Ministry of Interior, and in cooperation with the Ministry of Electricity, Baghdad Operations Command, the National Security Apparatus, and the service and administrative agencies.

The Regional Forum is a practical translation on the field of the mass communication project in listening to citizens - according to the geographical area of the administrative units - and working to solve problems and obstacles, involving citizens by presenting proposals and solutions, and trying to find a communication channel and communicating with them directly.

Source: National Iraqi News Agency

Al-Muzaini Elected as AUSF Vice-President

The General Assembly of the Asian University Sports Federation (AUSF) has elected Dr. Khaled bin Saleh Al-Muzaini, the President of the Saudi Universities Sports Federation, as the Vice President of the AUSF during the 12th meeting of the General Asse…

The General Assembly of the Asian University Sports Federation (AUSF) has elected Dr. Khaled bin Saleh Al-Muzaini, the President of the Saudi Universities Sports Federation, as the Vice President of the AUSF during the 12th meeting of the General Assembly, which took place today in Dubai, United Arab Emirates.

Dr. Al-Muzaini expressed his gratitude for this achievement, which he attributed to the wise leadership and unwavering support provided by the Minister of Education and Chairman of the Board of Directors of the Saudi Universities Sports Federation, Yousef bin Abdullah Al-Benyan.

Source: Saudi Press Agency

CHARGÉ D’AFFAIRES OF THE EMBASSY OF UKRAINE IN LEBANON: WHY IS RUSSIA TRYING TO MONOPOLIZE ITS PERCENTAGE OF VICTORY IN WORLD WAR II?

The following is an article by Valery Hryhorash, Chargé d’Affaires of the Embassy of Ukraine in Lebanon: ‘World War II is the bloodiest war in history. It is taught in history books in all countries, including Lebanon. The world knows that many peoples…

The following is an article by Valery Hryhorash, Chargé d'Affaires of the Embassy of Ukraine in Lebanon: 'World War II is the bloodiest war in history. It is taught in history books in all countries, including Lebanon. The world knows that many peoples, including the Ukrainian people, did everything they could and significantly contributed to the victory over Nazism. To this end, celebrations are held in many countries. However, the Russian Federation is trying to delude its people and other societies and peoples that it was the primary victor in this war, so it attributes the victory to itself and not to other peoples and states. The Russian Federation is trying to justify its aggression against Ukraine by carrying out an international propaganda campaign in which it glorifies itself and monopolizes the victory over Nazism to cover up the massacres committed by its army in Ukraine, following in the footsteps of Nazi Hitler. To this end, a few days ago, billboards bearing the "Badge of St. George" glorifying the victory of the Russian people in the war against Nazism appeared on the main roads in Lebanon. In this regard, we would like to show the Lebanese people the facts related to World War II, apart from the Russian propaganda campaigns. The Second World War 1939-1945, which began as a result of the agreements between the German National Socialist (Nazi) regime and the communist totalitarian regime in the Soviet Union, is the bloodiest and most brutal war in the history of humankind in the twentieth century, with a death toll from 50 to 85 million people. One of the main battlefields in this war was the Ukrainian lands. Nazi and communist totalitarian regimes committed many crimes against humanity, war crimes and genocide on the territory of Ukraine, which resulted in heavy losses for Ukraine and the Ukrainian people. Ukrainians fought on the side of the anti-Hitler coalition as part of the Red Army, the armies of the Western allies, and underground resistance movements - and significantly contributed to the victory over Nazism. During 1939-1945, over eight million (about 3 million soldiers and 5 million civilians) Ukrainians and other peoples who inhabited our land were killed. Therefore, Ukrainians are well aware of the price of war. At the same time, Russian propagandists are trying to impose the view that Russia defeated Nazi Germany without any help and that the entire civilized world, especially the West, is indebted to Russia. The Kremlin tries not to mention in any way the role of the USSR's allies in the anti-Hitler coalition in World War II, and the term "Soviet people" traditionally refers only to Russians. However, it is worth noting that there has never been a people named "Soviet" people. Dozens of people fought against Hitler's Germany, and among them were, of course, the Russian people. Indeed, Putin chose to continue the policy of Russian dictator Stalin, who, as early as 1945, at a ceremonial reception in the Kremlin, raised a toast "to the health of the Russian people", calling them "the most outstanding people" and "the leading force" of the Soviet Union in war, excluding the rest of the civilized world, giving himself the right to regard the Russian Federation as the victorious country. The celebration of the anniversary of the victory over Nazism in the Russian Federation has turned into a cult, into an ugly phenomenon of "victory mania", the purpose of which is war-mongering, glorifying Russia and transcendence over other peoples, excluding himself as the "main victor", justifying the aggressive ideological mobilization of citizens, as well as promoting Irresponsible and unfounded vindictiveness. Therefore, the form and manner of large-scale celebrations of "Victory Day" has long been a constant element of Russian propaganda to manipulate the international community and Russian citizens. Putin's Russia, which talks about "the Russians' decisive contribution to the victory over Nazism", attacked Ukraine without prior announcement on February 24, 2022, and is waging a brutal, shameful and illegal aggression against us that was condemned by the international community. Today, the Russian Federation, whose practices have surpassed all criminal methods of Nazism and Communism, is encroaching on our lands' integrity and territorial integrity and destroying the peace in Europe. With its armed aggression against Ukraine, the Russian authorities launched the first continental war in Europe in the 21st century, effectively destroying the system of international relations established after World War II and undermining the collective global security system. Today, the Russian Federation resembles Hitler's Germany in the 1930s on the eve of World War II. Therefore, based on that bitter experience and historical lessons, the international community must remember that weakness, fear, and hesitation encourage aggressors to commit more and more crimes. It is why Ukraine warns other countries of the consequences of supporting, spreading, or indulging in Russian propaganda narratives about May 9, because the Kremlin uses Russian participation in the victory over Nazism as a moral justification for Russia's current actions. Since the Revolution of Dignity, Ukraine has followed the European approach to commemorating World War II. Since 2014, the "poppy flower" has been a symbol of remembrance of World War II in Ukraine and Europe. Ukraine's Law "On Commemorating the Victory over Nazism in the Second World War of 1939-1945" established May 8 as a day of "remembrance and reconciliation" to honour and celebrate with the European community all the fighters against Nazism and war victims. This year, Ukraine celebrates the Day of Remembrance and Reconciliation for the second time in conditions of large-scale armed aggression on the part of Russia. This modern war has resulted in horrific war crimes on the part of the Russian army and the political and military leadership of the Russian Federation. Ukrainians take up arms to defend their homeland against a criminal, aggressive, malicious neighbour; they assert their right to freely choose their future; they defend Europe and give the world a chance to create a new, more just global security order and build a more lasting peace. But the condition for that is victory over Russia, restoring Ukraine's territorial integrity and preventing the Russians from attacking anyone on the planet in the future. After the win in the Russian-Ukrainian war, our state and the Ukrainian people will celebrate a new national holiday that united the entire Ukrainian society, the holiday of victory over racism - modern Nazism. When remembering World War II on May 8, the international community must realize that modern Russia is not the victor over Hitler and Nazism or the liberator of Europe. However, a cruel aggressor state that ignores international law seeks to change borders by force and is heading towards modern totalitarianism.'

Source: National News Agency - Lebanon