The Coretec Group Releases May 2023 Shareholder Call Transcript and Webcast Recording

The Company provided updates on its Endurion battery program, discussed the importance of its latest provisional patent, and outlined goals for the remainder of 2023 ANN ARBOR, Mich., May 24, 2023 (GLOBE NEWSWIRE) — The Coretec Group (OTCQB: CRTG), developers of silicon anode active materials for lithium-ion batteries and cyclohexasilane (CHS) for electric vehicles (EVs), […]

The Company provided updates on its Endurion battery program, discussed the importance of its latest provisional patent, and outlined goals for the remainder of 2023

ANN ARBOR, Mich., May 24, 2023 (GLOBE NEWSWIRE) — The Coretec Group (OTCQB: CRTG), developers of silicon anode active materials for lithium-ion batteries and cyclohexasilane (CHS) for electric vehicles (EVs), cleantech, and emerging tech applications, today released the transcript and webcast recording from its May 18, 2023 shareholder update on the Company’s Investor Relations Website.

During the call, The Coretec Group’s Chief Executive Officer, Matt Kappers, Chief Technology Officer, Ramez Elgammal, Ph.D., and VP of Partnerships and Innovation, Michelle Tokarz, Ph.D., shared its strong results from cycling tests on its modified silicon battery material. These tests proved three important factors:

  • Coretec’s team successfully bonded a polymer to the silicon nanoparticles.
  • The Endurion engineered solid electrolyte interface layer improves rate capability.
  • The cycling stability of Endurion’s silicon material outperformed unmodified materials.

The Company also discussed the importance of its latest provisional patent. The patent identifies three distinct, novel methodologies for minimizing pulverization and increasing the rate capability by creating an artificial solid electrolyte interface. This innovation is capable of extending the life and increasing the capabilities of silicon-based anodes for lithium-ion batteries, with an emphasis on scalability. The development marks a major breakthrough for the Company’s Endurion battery program focused on EV batteries that charge faster and last longer than the current industry standard.

The Company also provided a roadmap for the rest of the year, and an update on its current and prospective partnerships. It is developing relationships with potential Endurion end-users such as automakers and battery companies as well as key suppliers and testing companies.

The call concluded with Company leadership answering questions from the investor community. Kappers urged all who are interested in receiving the latest Company updates to sign up for notifications on its Investor Relations Website, follow the Company’s social media channels on Twitter and LinkedIn, and watch its recent informational video that breaks down the Endurion battery program.

About The Coretec Group

The Coretec Group, Inc. is an Ann Arbor, Michigan-based developer of engineered silicon, working to improve lives and power the EV, cleantech, and emerging technology markets of tomorrow. The company’s current battery program is Endurion; the Coretec team is applying its expertise in silicon nanoparticles to develop silicon anodes for lithium-ion batteries in EVs that will charge faster and last longer than the current industry standard.

Additionally, Coretec is also utilizing its engineered silicon to develop a portfolio of energy-focused products, including solid-state lighting (LEDs), semiconductors, 3D volumetric displays, and printable electronics. The Coretec Group’s groundbreaking work is revolutionizing the EV and energy storage markets and will continue to be a pioneer in this fast-paced industry.

For more information, please visit thecoretecgroup.com.

Follow The Coretec Group on:

Twitter – @CoretecGroupInc
LinkedIn – www.linkedin.com/company/24789881
YouTube – www.youtube.com/channel/UC1IA9C6PoPd1G4M7B9QiZPQ/featured

Forward-Looking Statements

The statements in this press release that relate to The Coretec Group’s expectations with regard to the future impact on the Company’s results from operations are forward-looking statements and may involve risks and uncertainties, some of which are beyond our control. Such risks and uncertainties are described in greater detail in our filings with the U.S. Securities and Exchange Commission. Since the information in this press release may contain statements that involve risk and uncertainties and are subject to change at any time, the Company’s actual results may differ materially from expected results. We make no commitment to disclose any subsequent revisions to forward-looking statements. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity.

Corporate Contact:

The Coretec Group, Inc.
Lindsay McCarthy
info@thecoretecgroup.com
+1 (866) 916-0833

Media Contact:

Spencer Herrmann
FischTank PR
coretec@fischtankpr.com
+1 (518) 669-6818

GlobeNewswire Distribution ID 8845674

New Access Accelerated Global Collective Report Charts Path Forward in Fight Against Noncommunicable Diseases

Access Accelerated and Partners Unveil Findings From Six-Year Report GENEVA, SWITZERLAND / ACCESSWIRE / May 24, 2023 / Access Accelerated, a pioneering collective of leading biopharmaceutical and life science companies dedicated to confronting the growing global noncommunicable disease (NCD) crisis, announced the release of a six-year report: Key Lessons in Advancing Access to NCD Care: […]

Access Accelerated and Partners Unveil Findings From Six-Year Report

GENEVA, SWITZERLAND / ACCESSWIRE / May 24, 2023 / Access Accelerated, a pioneering collective of leading biopharmaceutical and life science companies dedicated to confronting the growing global noncommunicable disease (NCD) crisis, announced the release of a six-year report: Key Lessons in Advancing Access to NCD Care: Collaboration, Connectivity, Community.

 

Access Accelerated
Access Accelerated logo

This milestone report highlights the initiative’s outcomes, impact, and collective learnings between 2017 and 2022 and serves as a retrospective, a showcase for the initiative’s success stories and challenges, and a much-needed vision for the future.

Michael Fredrich, Lead Access to Medicine Non-Communicable Diseases at Bayer Pharmaceuticals and Chair of the Access Accelerated Board, commented, “With the 2030 deadline for the UN Sustainable Development Goals approaching fast, which include Universal Health Coverage, it’s more important than ever that we make the most out of our resources and approach this fight strategically. This report gives us the opportunity to critically evaluate our past and use key learnings for the future. It is essential that we share insights and learn from our collective efforts. Much work lies ahead, but this report serves as a valuable foundation for effectively addressing NCDs.”

This initiative’s impact has already been felt widely. Access Accelerated and its strategic partners – the City Cancer Challenge Foundation, NCD Alliance, PATH, the World Bank and the World Heart Federation – have helped improve access to NCD screening, diagnosis, and treatment around the world, reaching over 700 million people through 54 partner projects in 37 countries and catalyzing $US1.6 billion in investment in 2022 alone. By the end of phase 2 (2020-2022), this number totalled $US3.7 billion. In the same period, Access Accelerated partner projects contributed to policy change in 35 countries and 13 projects were scaled to national level, moving away from pilot phase to locally embedded projects.

Six years since its founding, the initiative has accumulated a wealth of hard-won knowledge and experience. The report highlights those learnings, including the crucial role of open, transparent communication in measuring intangible impact of partnerships, the ways flexible long-term funding can open the way for locally embedded solutions, and why community- and patient-centric approaches are essential to sustainability. By capturing impacts beyond hard numbers, the report demonstrates the importance of local engagement, trust, and social capital in improving NCD outcomes over time.

According to Dr. Juan Pablo Uribe, World Bank’s Global Director for Health, Nutrition & Population and Director of the Global Financing Facility, the report demonstrates the importance of rigorous monitoring and reporting. “Learning from our successes and challenges is absolutely necessary if we are going to shape more efficient and effective initiatives that can respond to the growing NCD burden on countries around the world. That’s why we’re excited to have the insights offered by this report to inform future initiatives and are grateful to the partnership with Access Accelerated which has led to meaningful action in creating sustainable change.”

Visit www.accessaccelerated.org to download the report.

About Access Accelerated

Founded in 2017, Access Accelerated is an unprecedented industry-led collective of life science companies united by the belief that no person should die from a preventable and treatable disease. Through the power of collaboration and a proven framework for cooperation, Access Accelerated brings together stakeholders across the private, public and social sectors, including implementers, decision-makers and financiers, in a shared mission of advancing action against the escalating challenge of NCDs in low- and middle-income countries and underserved communities.

Contact Information

Thuy Khuc-Bilon
Communications Manager
info@accessaccelerated.org
+41 79 473 0341

SOURCE: Access Accelerated

OIC Secretary-General Receives Kuwaiti Permanent Representative

Secretary-General of the Organization of Islamic Cooperation Hussain Ibrahim Taha received today at the General Secretariat headquarters the permanent representative of the State of Kuwait to the OIC, Muhammad Saud Al-Mutairi.Taha commended Kuwait’s su…

Secretary-General of the Organization of Islamic Cooperation Hussain Ibrahim Taha received today at the General Secretariat headquarters the permanent representative of the State of Kuwait to the OIC, Muhammad Saud Al-Mutairi.

Taha commended Kuwait's support of OIC and its contributions to joint Islamic action.

Al-Mutairi stressed the importance of Kuwait's role in the organization, which helps achieve its goals and implement its programs and activities.

The two sides also discussed further cooperation.

Source: Saudi Press Agency

First Hajj Flight from Indonesia Heads to Saudi Arabia under Makkah Route Initiative

The first Hajj flight under Makkah Route initiative departed today from Soekarno-Hatta International Airport, Jakarta, bound for Prince Mohammed bin Abdulaziz International Airport in Madinah, in the presence of the Saudi Ambassador to the Republic of …

The first Hajj flight under Makkah Route initiative departed today from Soekarno-Hatta International Airport, Jakarta, bound for Prince Mohammed bin Abdulaziz International Airport in Madinah, in the presence of the Saudi Ambassador to the Republic of Indonesia Faisal bin Abdullah Al-Amoudi, and the Minister of Religious Affairs of the Republic of Indonesia, Yaqut Cholil Qoumas.

Makkah Route Initiative is one of the initiatives launched by the Kingdom of Saudi Arabia's Ministry of Interior as part of the Pilgrim Experience Program, as it is also one of the Saudi Vision 2030 projects.

Makkah Route Initiative entails carrying out all travel procedures needed by the pilgrims in their homeland, including issuing visas electronically, ensuring that pilgrims have a clean bill of health certificate, completing passport procedures at the airport in the country of departure, and coding and sorting luggage according to the transportation and accommodation arrangements in the Kingdom.

Upon arrival, the pilgrims are transferred to their places of residence in Makkah and Madinah through designated bus tracks, and their luggage is delivered to their places of residence.

Source: Saudi Press Agency

Tourism Minister Congratulates Leadership for Sector’s Progress in Saudi Arabia

Minister of Tourism Ahmed bin Aqeel Al-Khateeb extended congratulations and appreciation to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, the Crown Princ…

Minister of Tourism Ahmed bin Aqeel Al-Khateeb extended congratulations and appreciation to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, the Crown Prince and Prime Minister, over the progress achieved by the tourism sector in the Kingdom.

The Saudi Cabinet highlighted yesterday the positive results achieved in the tourism sector in the two indicators of the United Nations World Tourism Organization (UNWTO) for the number of international tourists and tourism revenues for 2022.

In this regard, the Minister of Tourism stressed that such achievement reflects the leadership’s follow-up and interest in strengthening the tourism sector and raising its contribution to the gross domestic product (GDP) in line with the Saudi Vision 2030.

He also commended the achievement as an addition to the successes being achieved by the Kingdom in various fields and came as a culmination of the directives of the Kindom's leadership to seek to strengthen the Kingdom’s position on the global tourism map.

Al-Khateeb also indicated that the development of visas and facilitating their procedures, the promotional campaigns in the targeted countries, and the diversity of tourism options and destinations in the Kingdom were among the reasons for achieving these achievements, affirming the Ministry ongoing efforts in cooperation with all partners from the public and private sectors to move forward in achieving the aspirations of leadership by making the Kingdom a global tourism destination.

According to the UNWTO report, the Kingdom has made a massive leap in the ranking of the countries that received the most international tourists in 2022, advancing 12 places to reach 13th place, compared to 25th place in 2019. The Kingdom received 16.6 million international tourists for all purposes in 2022.

Thus, the Kingdom advanced 16 places in the International Tourism Revenue Index, reaching 11th place in 2022, compared to 27th place in 2019, according to the World Tourism Barometer report issued in May 2023 by the UNWTO.

During the first quarter of 2023, the Kingdom received about 7.8 million international tourists for all purposes, representing the highest-ever quarterly performance, achieving a growth of 64% compared to the same period in 2019.

Accordingly, the Kingdom occupied second place among the list of the most developed countries worldwide during the period, according to the latest data received by the UNWTO.

Also, the Kingdom has achieved a new achievement within the Travel and Tourism Development Index (TTDI) issued by the World Economic Forum (WEF), as it jumped to 33rd place worldwide, advancing ten places at once, compared to 2019.

Source: Saudi Press Agency

Saudi Deputy Hajj and Umrah Minister Inspects Camps of African Non-Arab Countries’ Hajj Pilgrims

Deputy Minister of Hajj and Umrah Dr. Abdulfattah bin Suleiman Mashat visited today the camps of the Company of Mutawifs for Pilgrims from African Non-Arab Countries in Arafat.During his visit, Dr. Mashat inspected the new camps established by the comp…

Deputy Minister of Hajj and Umrah Dr. Abdulfattah bin Suleiman Mashat visited today the camps of the Company of Mutawifs for Pilgrims from African Non-Arab Countries in Arafat.

During his visit, Dr. Mashat inspected the new camps established by the company and its preparations to serve the pilgrims during the Hajj season of the year 1444 AH.

Dr. Mashat listened to an explanation by the Chairman of the Company of Mutawifs for Pilgrims from African Non-Arab Countries, Mr. Ahmad Sindi, around the development of the camps in Arafat in line with Saudi Arabia’s Vision 2030 to improve the quality of life.

The development of the camps also aims at enabling the pilgrims to perform their religious duty of Hajj with comfort, safety and reassurance, Sindi explained.

He added that work has been done to provide all security and safety requirements for the pilgrims in accordance with the civil defense standards.

Meanwhile, an explanation was provided around the camp, which stretches over 230,000 square meters and accommodates up to 190,000 pilgrims.

The company’s CEO noted that the new tents are established with international standards, insulate light, temperature and water. They also fire resistant and ultraviolet-protective with tents being connected to a special cooling system.

Source: Saudi Press Agency