October 17, 2022

Decentraland Announces 2nd Metaverse Music Festival; Returns with OZZFEST, Dillon Francis, Soulja Boy

Presented by Kraken, the second annual Metaverse Music Festival will host 15 stages with 100+ artists across every music genres; Showcasing the next frontier of metaverse experiences

LOS ANGELES, Oct. 17, 2022 (GLOBE NEWSWIRE) — Decentraland, the world’s largest user-owned and operated virtual social world, announced today the sophomore edition of Metaverse Music Festival (MVMF), including confirmed talent, new types of metaverse experiences, and more. This year, MVMF returns bigger and bolder from November 10-13 with 100 confirmed artists (more to come) across uniquely curated community genre stages, and with newly-created, Web3-enabled, immersive music experiences. Presented by digital asset platform Kraken, MVMF is free for all to attend, no VR, ticket or headset required.

In October 2021, Decentraland hosted the inaugural Metaverse Music Festival which hosted 80+ artists including Web3 innovators Deadmau5, 3LAU, Paris Hilton, RAC, and Alison Wonderland, and saw 50,000 unique attendees during the 4-day event. Since then, major artists including Jason Derulo and Grimes, labels and producers, have embraced virtual performances leading to MTV announcing a new metaverse category at their 2022 VMAs.

Set in a cyberpunk city of the future, the 2022 festival centerpiece is the Tower of Babel stage featuring Universal Music France’s Vladimir Cauchemar, award-winning Chinese idol group SNH48, CryptoPunk Rapper Spottie WiFi, Japanese girl group Atarashii Gakko!, London-based afro and funk band Amadis & The Ambassador, Finnish one woman orchestra Maija Kauhanen, space rock project Handshaking, British DJ and producer Akira the Don, DJ Eddy Temple-Morris’ band Losers and Klezma (Web3 music launchpad) artists inc. K-Pop band 2AM, Israeli DJs and producers Erika Krall and Lian Gold and former Division One athlete PIP.

Metaverse Music Festival features curators who are redefining IP ownership and seeking to transform the music industry through Web3 technology and AI software, including:

The Iconic Global touring metal festival OZZFEST which launched the careers of countless new bands, including Slipknot, Disturbed, System of a Down, Incubus, Lamb of God, and many others, is coming to Decentraland with a confirmed virtual performance from Ozzy Osbourne himself (fresh from his global chart-topping new Patient Number 9 album) and exciting acts that are soon to be announced.
Iconic music brand LIMEWIRE will host one of the main stages with an exclusive avatar performance and music video premiere from Soulja Boy directed by Grammy-nominated director Yasha Gruben, in addition to many other music artists across various genres.
AR metaverse platform OVER will showcase experiences and performances DJ Regard, Morgan, Jamis, Nicola Fasano, Danilo Rossi and Azel.
UNPAIRED, the team behind the Party Degenerates NFT collection, will inaugurate the OxArena, a unique venue with an open air stage, 3 indoor clubs, concept store and NFT gallery. Jump in for curated performances by Superf3st, Volta XR, Revealed Recordings, Fold London and others.
Metaverse music label SOUNDR who’s stage features Junior Andre, Ellysse Mason, Tarune, Lil Yamaha, Miya Miya, and Soundr’s first AI virtual band Skullz.
RANDOM RAVERS, a metaverse music brand, is presenting The Raverse, an immersive rave experience featuring international artists such as Dead-Tones, Ray Kash, Kana Hishiya and NonCitizens amongst others.
METATOKYO will present a stage featuring Japanese music acts and Metaverse artists and a special installation – a gigantic dancing doll made in collaboration with Metaani, NFT Character and the iconic Japanese artist Kyary Pamyu Pamyu.

This year, Decentraland is doubling down on music in the metaverse. MVMF will showcase the latest metaverse technology that presents listeners with truly unique experiences only available through a virtual world. Decentraland’s unique Emotes feature enables any creator worldwide to create custom moves and gestures that bring your avatar to life, and will be a central part of how concert goers have fun through dancing and self expression during the festival. New motion capture technology will also be demonstrated on this global stage from Move.ai which enables motion capture with no suits and Kinetix.tech that aims to empower creators to make emote NFTs using only a phone camera. Presenting partner Kraken will also drop a series of NFT wearables exclusive for festival-goers, unveil a pop-up NFT gallery as well as host a special festival after party.

Whether it’s promoting an album release, supporting an NFT strategy, experimenting with metaverse performances, or looking for new ways to share their music with new audiences, Decentraland’s MVMF supports artists in a myriad of ways. New fan engagement models – such as wearables, NFT gated-experiences, and exclusives – have gained momentum over the last year and are being taken to another level this year. The artists playing at MVMF have worked with community designers in Decentraland to create one-of-a-kind swag options and soon-to-be-announced specials.

For this year’s festival, superstar producer, songwriter and DJ Dillon Francis has collaborated with Vegas City to bring a state-of-the-art Dillon Francis mega club to Decentraland. Dillon will open the festival with a very special set that will be projected on several screens throughout the mega club all weekend, making it a right of passage of sorts for anyone who comes to the festival at any point. Attendees will also be able to play Smash the Piñata with Dillon’s infamous piñata sidekick Gerald and chase him all throughout the venue.

The Decentraland Festival District is showcasing an array of new experiences and exciting performances including a Jerry Garcia Acoustic Stage, MultiNFT Techno Parkour Stage, an epic pop-up nightclub by web3 music network MODA DAO and importantly the OG stage featuring Decentraland’s most prolific musicians and event promoters.

Last but not least, Decentraland will introduce a variety of new metaverse experiences for users to attend when their ears need a moment of rest, such as the Portaloo experience to the Follow the Rabbit to the Take the Blue Pill experience. Other experiences are geared towards creators and community organizers looking to develop more embedded experiences, showcased through the MadMax Decentrally race, a community dance contest using the first generation of Emotes, and the Backstage Pass Quest.

Join Decentraland at the next installment of Metaverse Music Festival by pre-registering at Event link. Follow us on Twitter at #DCLMVMF22 and join our Discord to learn more about specific experiences and still-unannounced artists that will join us at MVMF. See you at the show.

About Decentraland
Launched in 2020, Decentraland is a virtual social world powered by the Ethereum blockchain and the first decentralized metaverse. Within the Decentraland platform, users can create, experience, and monetize content and applications as well as socialize and attend a wide range of daily community-driven events. Decentraland is unique in that it is owned, created, and governed by the people who use it every day. Through the decentralized autonomous organization (DAO) users can submit proposals and even apply for grants for the community to vote on.

About Kraken
Kraken is one of the world’s largest digital asset platforms and the leader in euro volume and liquidity. Globally, Kraken’s client base trades more than 200+ digital assets and 8 different fiat currencies. Kraken was founded in 2011 and was one of the first exchanges to offer spot trading with margin, regulated derivatives and index services. Kraken is trusted by well over 10 million clients and institutions around the world and offers professional, around-the-clock online support.”

For Media Inquiry: press@decentraland.org

October 17, 2022

NEUCHIPS Secures $20 Million in Series B2 Funding to Deliver AI Inference Platform for Deep Learning Recommendation

New funding will accelerate delivery of their 7nm RecAccel inference platform to cloud service providers.

NEUCHIPS @ OCP2022

SAN JOSE, Calif., Oct. 17, 2022 (GLOBE NEWSWIRE) — NEUCHIPS, a leader in AI ASIC platforms for deep learning recommendation, today announced series B2 funding of $20M. The round includes strategic investors Wistron, JAFCO Asia, Powerchip Group and new investor Raydium Semiconductor Corporation.

“We are excited to have Raydium join as a new investor,” said Youn-Long Lin, Chairman and CEO of NEUCHIPS. “I am also pleased that our existing investors, who represent leaders in the worldwide semiconductor and cloud ecosystem, continue to support our growth plans.”

“NEUCHIPS’ focus on business integrity, technology innovation, talent development and value co-creation aligns with our vision,” said Hermit Huang, Chairman of Raydium Semiconductor Corporation. “We are confident this investment will continue to create synergies between Raydium and NEUCHIPS.”

“We are excited about the rapid growth in the accelerated server market and NEUCHIPS’ position to become a leading supplier of AI inference ASICs,” said Frank Huang, the Founder of Powerchip Group. “I am optimistic about NEUCHIPS’s promising future, and look forward to collaborating with them on new technology such as our new specialty memory and Wafer-on-Wafer(WoW) technology to boost performance per watt and performance per dollar.”

“NEUCHIPS’ deep learning recommendation ASIC is setting the standard for high performance and low power solutions. We are confident that NEUCHIPS is on the right track to deliver the most energy-efficient and cost-effective AI inference solution to impact the market,” said John Lin, Managing Director, Head of Taiwan JAFCO Asia.

Focus on Deep Learning Recommendation (DLRM)

Leading cloud service providers have shared that the overwhelming majority (80%+) of the AI inference cycles in the data center are actually for recommendation models, not vision or language. NEUCHIPS’ first product, RecAccel N3000, was designed specifically for DLRM and will be ready to sample later this year with easy-to-use software and leading-edge performance. NEUCHIPS will be presenting and participating in OCP Global Summit Oct. 18-20 in San Jose.

About NEUCHIPS Inc.

NEUCHIPS Inc. is an AI ASIC solution provider founded by a team of veteran IC & SW design experts in 2019 who are focused on designing the world’s best recommendation systems. Our management and R&D team has decades of experience from leading semiconductor companies and hold patents in signal processing, neural networks, and circuit design.

Wistron, Powerchip Group, Jafco ASIA, Raydium Semiconductor Corporation

Contact Information:
Tim Lauer
tim_lauer@neuchips.ai

Kinny Chen
BD Manager
kinny_chen@neuchips.ai

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Image 1: NEUCHIPS @ OCP2022

NEUCHIPS OCP Summit 2022 Information

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NEUCHIPS @ OCP2022

October 17, 2022

General Fusion and UK Atomic Energy Authority (UKAEA) announce collaborative agreement to advance commercial fusion energy

Together with the UKAEA’s world-leading researchers, General Fusion progresses its Fusion Demonstration Program

General Fusion’s Plasma Injector 3

General Fusion has formed over 200,000 hydrogen plasmas and relies on intelligent diagnostics to observe them. Our projects with the UKAEA include the additional study of the experiment results from General Fusion’s PI3 – the world’s largest and most powerful operational fusion plasma injector. Our joint efforts will create new, higher-fidelity physics models.

VANCOUVER, British Columbia, Oct. 17, 2022 (GLOBE NEWSWIRE) — Today, General Fusion and the UKAEA kick off projects to advance the commercialization of magnetized target fusion energy as part of an important collaborative agreement. With these unique projects, General Fusion will benefit from the vast experience of the UKAEA’s team. The results will hone the design of General Fusion’s demonstration machine being built at the Culham Campus, part of the thriving UK fusion cluster. Ultimately, the company expects the projects will support its efforts to provide low-cost and low-carbon energy to the electricity grid.

General Fusion’s approach to fusion maximizes the reapplication of existing industrialized technologies, bypassing the need for expensive superconducting magnets, significant new materials, or high-power lasers. The demonstration machine will create fusion conditions in a power-plant-relevant environment, confirming the performance and economics of the company’s technology.

“The leading-edge fusion researchers at UKAEA have proven experience building, commissioning, and successfully operating large fusion machines,” said Greg Twinney, Chief Executive Officer, General Fusion. “Partnering with UKAEA’s incredible team will fast-track work to advance our technology and achieve our mission of delivering affordable commercial fusion power to the world.”

“Fusion energy is one of the greatest scientific and engineering quests of our time,” said Ian Chapman, UKAEA CEO. “This collaboration will enable General Fusion to benefit from the ground-breaking research being done in the UK and supports our shared aims of making fusion part of the world’s future energy mix for generations to come.”

Advancing polychromators for Thomson Scattering

General Fusion benefits from the UKAEA’s expertise in building polychromators, which are used in an industry-standard diagnostic called Thomson Scattering that measures electron temperature. The UKAEA will be building a new, larger Thomson Scattering system, which will be installed on General Fusion’s fusion demonstration machine at Culham. Electron temperature measurements are used for thermal confinement calculations, a fundamental calculation to determine experiment success.

Improving neutronics model development and simulation

Since its founding, General Fusion has formed over 200,000 hydrogen plasmas, averaging 100 neutron-generating plasmas per day. In its collaboration with the UKAEA, the company will harness UKAEA’s extensive neutron modelling software and expertise to simulate the neutron flux distribution from General Fusion’s operational large-scale plasma injector (PI3) as well as future machines. The simulation results from PI3 will be used to develop higher level physics models that will inform the design of neutron diagnostics on future machines, including the fusion demonstration and commercial power plants.

Customizing vacuum test steel for fusion demonstration vessel

In the past 20 years, enabling technologies, such as advanced composite materials and additive manufacturing, have offered innovative new pathways to resolve historical barriers to fusion energy. In General Fusion’s fusion demonstration, the design will use special steel that can withstand the high temperatures and compressive forces found in a fusion vessel. The UKAEA will use its vacuum facilities to test the specific steel that General Fusion will use and help inform the demonstration facility’s final design.

About General Fusion
General Fusion is pursuing a fast and practical approach to commercial fusion energy and is based in Vancouver, Canada, with locations in London, UK, and Oak Ridge, Tennessee, USA. The company was established in 2002 and is funded by a global syndicate of leading energy venture capital firms, industry leaders, and technology pioneers. Learn more at www.generalfusion.com.

General Fusion Media Relations
media@generalfusion.com
+1-866-904-0995

Follow General Fusion

twitter.com/generalfusion

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linkedin.com/company/general-fusion

facebook.com/generalfusion

youtube.com/c/GeneralFusionInc

About UKAEA
UK Atomic Energy Authority (UKAEA) carries out fusion energy research on behalf of the UK Government. We believe fusion will be part of the world’s future energy mix, and achieving this involves working at the forefront of science, engineering, and technology.

We oversee the UK’s fusion programme, headed by the MAST Upgrade (Mega Amp Spherical Tokamak) experiment. We also host the world’s largest fusion research facility, JET (Joint European Torus), operated for scientists from around Europe.

More information: https://www.gov.uk/ukaea. Social Media: @UKAEAofficial

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2a66bef7-2c65-44be-ae8a-089ddce99e1e

A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/00210685-fc62-49ef-954d-a1a6eedd9b9b

October 17, 2022

Cambridge Isotope Laboratories (CIL) Embarks on Largest Expansion Project in the Company’s History

CIS – Cambridge Isotope Separation Facility

TEWKSBURY, Mass., Oct. 17, 2022 (GLOBE NEWSWIRE) — Cambridge Isotope Laboratories, Inc. (CIL), the world leader in stable isotope chemistry and the separation of carbon-13 (¹³C), has embarked on the largest expansion in the company’s history. This strategic undertaking, which has been aptly named North Star, will significantly increase ¹³C production by building a separate cryogenic distillation facility for carbon monoxide.

In 1990, CIL constructed the world’s largest ¹³C isotope-separation plant, Cambridge Isotope Separations, LLC (CIS), located on 33 acres in Xenia, Ohio. Since then, the site has grown to 48 acres and there have been four expansions of ¹³C production. This investment, which began in 2020, is planned to be completed in 2024 and will dramatically increase CIL’s existing capacity of ¹³C production.

“North Star is a culmination of 30 years of knowledge and learning how to design, build, and operate isotopic separate systems,” states Mike Steiger, Vice President of Engineering and Project Execution at CIS. “Our experience allows us to continually make improvements in our design, execution of the project, and operation of our systems.”

“With each build and expansion of ¹³C, CIL accumulates vast amounts of information and learnings,” says CEO (Chief Executive Officer) Cliff Caldwell. “Although our earliest systems are fully operational and have been for decades, we continue to challenge what we know and can learn from each expansion to increase efficiency, reliability, and redundancy while reducing our environmental footprint. We are passionate about not just being the biggest but also the best.”

¹³C is a critical starting material used in the production of new and existing research and diagnostic chemicals. North Star will ensure that CIL’s committed, long-term customers will be guaranteed the additional ¹³C required for the current and increasing future demands for ¹³C-labeled compounds.

About Cambridge Isotope Laboratories, Inc.

CIL is the world’s largest manufacturer and global supplier of stable isotopes and stable isotope-labeled compounds used in research, environmental, neonatal, pharmaceutical, medical diagnostic, OLED, and industrial markets. Our CIL subsidiary, ABX in Dresden, Germany, is active in the development and commercialization of radio isotopic labeled compounds for the diagnosis and treatment of cancers. CIL is an operating business owned by Otsuka Pharmaceutical. The CIL business consists of two facilities in the Boston, MA, area; a large isotope-enrichment production plant in Xenia, OH; CIL China; CIL Canada; ABX in Dresden, Germany; and Eurisotop in Saclay, France. For more information on CIL, visit isotope.com.

Contact Information:
Crissy Krisko
crissyk@isotope.com
1.978.749.8000

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CIS – Cambridge Isotope Separation Facility

October 17, 2022

Filipino fishermen eke out living in China’s shadow at disputed Scarborough Shoal

China still controls access to the disputed Scarborough Shoal in the South China Sea, but Filipino fishermen say they have been accorded better access to the rich fishing grounds.

Last week, two Philippine Coast Guard ships and its aircraft patrolled near Scarborough Shoal and reported that more Filipino fishermen were going to Bajo de Masinloc, the shoal’s local name, despite the sustained presence of Chinese maritime forces.

Joe Saligan, a 43-year-old boat captain, who has spent most of his life fishing in and around the waters of the Scarborough Shoal, said he can see improvement in access around the shoal.

“Our fish catch is better now because we no longer have to play cat-and-mouse with the Chinese. Unlike before, when they would cut the ropes of our anchors, shoo us away, or sometimes use water cannons on us,” Saligan said.

“There are times we are not allowed to get into the mouth of the shoal where the two China Coast Guard ships are anchored. But this is better than the bullying before. Years ago, they would harass us even when we were just outside or near the shoal.”

Saligan was among the fishermen who experienced China’s intimidation and harassment from 2012 – when a standoff between Manila and Beijing saw China take control of the Scarborough Shoal area – until late 2016 when then-Philippine President Rodrigo Duterte pivoted to the Asian superpower.

In October 2016, Duterte said he and Chinese President Xi Jinping discussed Filipinos’ fishing rights in Scarborough, leading to the improvement of treatment of fishermen.

Saligan, the captain of fishing boat F/B JJ-3, and his crew sailed from the port of Subic in Zambales in central Luzon to the shoal and its surrounding areas on Sept. 28. BenarNews met with them on Wednesday in the port of Rosario, south of Manila, where they unloaded their three-ton catch from their two-week voyage.

A fisherman sorts his catch of scad hauled after a trip to Scarborough Shoal in the port of Masinloc, the Philippines, May 28, 2021. Credit: BenarNews

For their recent voyage, Saligan said members of his 11-man crew are expected to be paid at least $170 each, which is not much, he said, citing the high cost of diesel and food.

“There are times, the Chinese are not strict. There are times they are cranky. They can be moody, too,” Saligan told BenarNews, laughing. He said he spotted seven Chinese vessels in the area – two in the shoal’s mouth, three roving ships and two smaller vessels inside.

Despite this, Saligan said he is fine with the situation because the Filipino fishers can mostly continue to earn their livelihood.

Additionally, the Philippine Coast Guard has accompanied local fishermen at least twice – in March and October 2022 – and provided them with relief supplies, much to the delight of Saligan and crew.

“First of all, we were really happy to see Philippine ships there, because we felt safe. We felt they were our protectors,” Saligan said. “For many years, only we fishermen were there, almost ready to fight against China in Scarborough just so we can continue fishing.”

Sonny Gomez, 52, a crew member on another fishing boat, concurred. He told BenarNews the situation now was quite different from what it was eight years ago.

He recalled how he and his colleagues in 2014 held on tightly to wooden posts on their boat when a China Coast Guard ship trained its water cannon on them.

“We begged them and thankfully they listened to our plea. But now, there are no more encounters like that,” Gomez said.

“But I wish they would still allow us to fish inside the lagoon, because there are lots of fish there. If they won’t, we will not insist because we don’t know what can happen.”

[embedded content]

But the turnaround in attitude has come at a price. By discussing Filipino fishermen’s rights with China, Manila had only bolstered Beijing’s baseless claim over Scarborough Shoal, analysts said.

Six years after a landmark international tribunal ruling invalidated China’s expansive claims in the West Philippine Sea, the part of South China Sea that Manila claims, Beijing has refused to accept the ruling.

The Permanent Court of Arbitration ruled in 2016 that both Chinese and Filipino fishermen have the right to engage in traditional fishing there. China had “unlawfully prevented Filipino fishermen from engaging in traditional fishing” through the operation of its official ships, the tribunal had added.

“We are actually supporting China’s narrative by asking permission to fish,” Rommel Jude Ong, a retired vice admiral in the Philippine Navy, told BenarNews on Wednesday.

“It reinforces their claim that they have legal claims over Scarborough Shoal and we have not challenged their assertion of control.”

BenarNews is an RFA affiliated news service.

October 17, 2022

EV Technology Group’s Strategic Partner MOKE International Returns Original MOKE Brand to America After 40 Years

The Electric MOKE Californian

EV Technology Group’s Strategic Partner MOKE International Return Original MOKE Brand To America After 40 Years

EV Technology Group’s strategic partner MOKE International returns to the US with the improved and more powerful Electric MOKE Californian, 40 years since the original was last sold in America
MOKE International’s Electric MOKE Californian will be the only highway-legal Moke vehicle available in the US and first genuine version of the original Mini Moke to go on sale since 1982
MOKE International owns the original 1964 Moke trademark and over 100 other Moke marks; it is recognized in Europe as the direct descendant of the original manufacturer of the legendary Mini Moke
The Electric MOKE Californian is highway-legal with a top speed of 50mph (80kph) and offers a range of 80 miles (120km) per charge (Subject to Worldwide Harmonised Light Vehicle Test Procedure (WLTP) testing)
MOKE International is the first 1960s automotive brand to go 100% electric

TORONTO, Oct. 17, 2022 (GLOBE NEWSWIRE) — EV Technology Group Ltd. (the “Company” or “EV Technology Group”) (NEO: EVTG, OTCQB: EVTGF, DE: B96A) announces that its strategic partner MOKE International Limited (“MIL” or “MOKE International”) will bring the MOKE brand back to America after 40 years, with the more powerful and highway-legal Electric MOKE Californian – a zero-emissions reimagination of the original 1964 Mini Moke. MOKE International owns the original 1964 British Motor Corporation Moke trademarks and is recognized in over 100 jurisdictions as the owner of the Moke brand.

The Electric MOKE Californian

The Electric MOKE Californian

The Electric MOKE Californian is hand-crafted in the United Kingdom to the same high specifications and standards as the Electric MOKE that recently went on sale in Europe, but its name is a US market-specific tribute to the 1977 Moke Californian – an uprated version of the Mini Moke that was sold in America and ceased production in 1982.

This is the first time a genuine version of the original Mini Moke has gone on sale in the US in more than four decades, and the first time a highway-legal version of the original Mini Moke has been available in America, with a top speed of 50mph (80kph). Fully charged, the Electric MOKE Californian offers a range of 80 miles (120km) – enough to cruise Route 101 down to Malibu Beach from Santa Barbara. A full charge takes four hours on a US Type 1 charger.

MOKE International is the first 1960s brand to go fully electric, reinventing the Mini Moke through zero-emissions technology to continue its legacy as a design icon and beloved beach accessory.

Isobel Dando, CEO MOKE International, said: “This is a momentous time for MOKE International. It’s great to be able to offer the US market a genuine MOKE car for the first time in 40 years. The original Moke Californian represented an incredibly important chapter in the company’s rich history; we are proud that the MOKE lives on and can be enjoyed in the electric era.”

Wouter Witvoet, Founder and CEO of EV Technology Group, said: “The MOKE Californian’s return to US soil solidifies our approach to electrifying iconic brands. As we partner with iconic brands such as MOKE, we don’t just help them to transition to electric, but most importantly we delve into the brands roots and help to continue to write its history. As a company traded in the US via the OTCQB, there has already been a lot of interest in seeing our vehicles live in the US, so we expect that this announcement will be met with great excitement.”

The Electric MOKE Californian’s pure bloodline

MOKE International, maker of the new Electric MOKE Californian, continues the legacy of the legendary Mini Moke, but reinvented for the electric era. The Mini Moke was born in the heartland of Britain’s automotive industry, created by the father of the Mini, Sir Alec Issigonis.

With prototypes built by the British Motor Corporation in 1959, developed under the codename ‘The Buckboard’, the Mini Moke was originally intended to be a lightweight military vehicle that could be parachuted into warzones and help troops traverse rough ground quickly. Marketed domestically as a utility wagon for farmers and workers, it quickly found legions of fans across the globe, especially in the South of France and Australia, where its rugged nature and open top design made it the ultimate beach shuttle. Loaded with surfboards and refreshments, with the wind running through your hair, life was for living.

Countless admirers including The Beatles, The Beach Boys and Brigitte Bardot – all seen driving the Mini Moke in glamorous seaside locations like the French Riviera and the Caribbean – cemented its status as an icon of the Swinging ‘60s.

While there were many variants of the original Mini Moke made before production ceased in 1993, perhaps the most exciting and desirable was the Moke Californian, which was sold in the US from 1977-1982. Styling-wise, it was a departure from the Mini Moke’s utilitarian look which made it popular with a young, fashion-conscious crowd in sun-drenched locations like Playa del Rey and Cayucos.

Still built in the UK, the new Electric MOKE Californian embodies all of the same qualities of the original – fun, freedom, fresh air – but plays its role in keeping some of the world’s most beautiful locations clean through zero-emissions technology.

Using a 44hp electric motor and weighing less than 800kg, the rear-wheel-drive Electric MOKE Californian covers 0-34mph (0-55kph) in 4.3 seconds and achieves a top speed of 50mph (80kph). A full charge takes just four hours via a Type 1 port and the Californian covers up to 80 miles of range on a single charge. Further details on when the Californian will go on sale in the US, as well as pricing, will follow in the coming weeks.

Electric MOKE Californian Specifications

Range	120 km*
Charge	4 hours
Top speed	80 KM/h
0-55 KM/h	4.3 seconds
Power	33 kW
Battery	LITHIUM-ION
Made exclusively in the UK

*Subject to Worldwide Harmonised Light Vehicle Test Procedure (WTLP) testing

Media

Rachael D’Amore

rachael@talkshopmedia.com

+1519-564-9850

Investor Relations

Dave Gentry

dave@redchip.com

+14074914498

EV Technology Group

Wouter Witvoet

CEO and Chairman of the Board

wouter@evtgroup.com

About EV Technology Group

EV Technology Group was founded in 2021 with the vision to electrify iconic brands – and the mission to redefine the joy of motoring for the electric age. By acquiring iconic brands and bringing beloved motoring experiences to the electric age, EV Technology Group is driving the EV revolution forward. Backed by a diversified team of passionate entrepreneurs, engineers and driving enthusiasts, EV Technology Group creates value for its customers by owning the total customer experience — acquiring and partnering with iconic brands with significant growth potential in unique markets, and controlling end-to-end capabilities. To learn more visit: https://evtgroup.com/

About MOKE International

MOKE and the MOKE logo are trademarks or registered trademarks of MOKE International Limited in the European Union and other territories. MOKE International, a company registered in England, is the only manufacturer of genuine MOKE vehicles worldwide. The mark was acquired from Casti S.p.A. and derives from the original 1964 British Motor Corporation registration. The MOKE is a revitalized, re-engineered version of the iconic Mini Moke that was originally designed by the legendary Sir Alec Issigonis, the designer of the 1959 Mini, and launched in 1964. The Mini Moke was created as a low-cost and easy to maintain recreational and utility vehicle, but it quickly gained cult status in fashionable resorts such as the French Riviera and the Caribbean. It has been driven by Beatles, Bridget Bardot and James Bond alike. MOKE International has brought the Mini Moke into the modern age by integrating up-to-date driving technologies, including full electric power, while remaining faithful to the iconic design which made it a global hit in the 1960s. True to its heritage, MOKEs today are engineered and built in Northamptonshire, England. Production takes place at a 500,000sq ft state-of-the-art facility owned and operated by British automotive manufacturing services company, Fablink Group.

Forward-Looking Information

This news release contains forward-looking statements including, but not limited to: the specifications of and consumer demand for the Electric MOKE Californian. Often, but not always, these Forward-looking Statements can be identified by the use of words such as “estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “used”, “detailed”, “has been”, “gain”, “planned”, “reflecting”, “will”, “containing”, “remaining”, “to be”, or statements that events, “could” or “should” occur or be achieved and similar expressions, including negative variations.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any results, performance or achievements expressed or implied by the Forward-looking Statements, including those factors discussed under “Risk Factors” in the filing statement of the Company. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in Forward-looking Statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. The forward-looking statements contained herein are made as of the date hereof and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except where required by law. There can be no assurance that these forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

THE NEO STOCK EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

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