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Exro Announces Interest Payment on Convertible Debentures

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CALGARY, AB, June 24, 2024 /CNW/ – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the “Company” or “Exro”), a leading clean technology company that provides proprietary motor-control and complete electric propulsion system technology for e-mobility, today announced interest payment details in relation to the Company’s outstanding convertible debentures (the “Debentures”).

Pursuant to the terms of the Company’s C$15,000,000 Debentures issued on December 30, 2022, the Debentures bear interest at 12% per annum, payable semi-annually in arrears beginning on June 30, 2023 (the “Due Date”). As of June 24, 2023, the Company has 14,950 debenture units outstanding, and an aggregate amount of interest owing on the Debentures payable of C$897,000 (the “Interest”). The Company has elected to issue 1,794,000 common shares in the capital of the Company (“Common Shares”) at a deemed price of $0.50 to the debenture holders as payment for the interest. Pursuant to the Debentures, the deemed issue price per Common Share is calculated based on the volume weighted average trading price of the Common Shares for the five trading days immediately prior to June 24, 2024.

The issuance of the Common Shares as payment for interest owing on the Debentures is subject to the terms and conditions of the Debentures as well as the receipt of all requisite approvals, including, without limitation, the approval of the Toronto Stock Exchange.

ABOUT EXRO TECHNOLOGIES INC.

Exro Technologies Inc., now expanded through the strategic acquisition of SEA Electric, is a leading clean technology company that has developed new generation power control electronics. Its innovative suite of solutions, including Coil Driver™ motor control, Cell Driver™ energy storage system, and SEA-Drive® propulsion system, expand the capabilities of electric motors and batteries and offer users a comprehensive e-propulsion solution with unmatched performance and efficiency. Exro is reshaping global energy consumption, accelerating adoption towards a circular electrified economy by delivering more with less – minimum energy for maximum results.

For more information visit our website at www.exro.com.

To view our Corporate Presentation visit us at www.exro.com/investors

Visit us on social media @exrotech.

CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS

This news release contains forward-looking statements and forward-looking information (together, “forward-looking statements”) within the meaning of applicable securities laws. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified using terminology such as “plans”, “expects”, “estimates”, “intends”, “anticipates”, “believes” or variations of such words, or statements that certain actions, events or results “may”, “could”, “would”, “might”, “will be taken”, “occur” or “be achieved”. Forward looking statements involve risks, uncertainties and other factors disclosed under the heading “Risk Factors” and elsewhere in the Company’s filings with Canadian securities regulators, which could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Although the Company believes that the assumptions and factors used in preparing these forward-looking statements are reasonable based upon the information currently available to management as of the date hereof, actual results and developments may differ materially from those contemplated by these statements. Readers are therefore cautioned not to place undue reliance on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

This information is qualified in its entirety by cautionary statements and risk factor disclosure contained in filings made by the Company with the Canadian securities regulators, including the Company’s annual information form for the financial year ended December 31, 2022, and financial statements and related MD&A for the financial year ended December 31, 2022, filed with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

Neither the Toronto Stock Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this press release.

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SOURCE Exro Technologies Inc.

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VIDA Highlights Cyber Threats to the Fintech Industry at Money20/20 Asia 2026

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BANGKOK, April 29, 2026 /PRNewswire/ — Fraud has evolved into industrial-scale operations across Southeast Asia. At Money20/20 Asia 2026, held from April 21 to 23 in Bangkok, VIDA, Indonesia’s leading digital identity network, warned that traditional approaches to identity security are no longer sufficient.

Founder and CEO of VIDA, Niki Luhur, shared this during the panel session “How Cybercriminals Target Fintech and What’s Next.” He highlighted how fraud has scaled across the region, from industrialized scam compounds to cross-border syndicates spanning Myanmar, Thailand, and Indonesia. In one case, authorities in Myanmar seized $12 billion in Bitcoin, underscoring the scale of these operations.

“Cybercrime is democratic, they don’t care what size institution you are. They just scan for vulnerabilities. All the doors that are open, they exploit them,” said Niki Luhur.

This industrialized scale is made possible by one thing: Systematic exploitation of weak points across digital systems. Rather than targeting specific institutions, cybercriminals focus on vulnerabilities that can be replicated and scaled across platforms.

Niki emphasized that while attention is on deepfakes, the real threat lies deeper in the attack chain, particularly in injection attacks. “Deepfakes get the buzz, but the door is an injection attack. The majority come from virtual cameras on compromised devices,” he added.

His solution is clear: layered defense requiring three simultaneous verifications; the person (biometrics), their identity (against government databases), and the device. This approach addresses the infrastructure gap where KYC and authentication systems remain siloed across financial institutions.

Alongside its presence at the conference, VIDA is also launching ID FraudShield, a new fraud detection solution built for threats that traditional biometric checks can no longer stop. ID Fraud Shield combines biometric liveness with device intelligence, behavioral analytics, network detection, and rule-based fraud evaluation, all delivered in parallel through one SDK. It’s designed for one purpose: catching the fraud that liveness alone misses.

About VIDA

VIDA is licensed Certification Authority (CA) registered under the Ministry of Communication and Digital Affairs of the Republic of Indonesia. Founded in 2018, VIDA provides digital identity services that integrate electronic certificates, digital signatures, identity verification, and transaction authentication, all adhering to world-class security standards, including Public Key Infrastructure (PKI) and biometric verification. VIDA verifies more than 2.5 million identities every day. For more information, visit www.vida.id 

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SOURCE VIDA

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Digital Edge Publishes Fifth Annual ESG Report, Marking Progress on Renewable Energy, Green Finance and Water Stewardship

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SINGAPORE, April 29, 2026 /PRNewswire/ — Digital Edge today published its 2026 Environmental, Social and Governance (ESG) Report, themed “Staying Power: Scaling Up, Standing Out”, marking the company’s progress across its expanding portfolio of 31 data centers.

This is Digital Edge’s fifth voluntary annual report, showcasing achievements including 26% renewable electricity across its operations, landmark green loans totaling nearly US$1.25 billion, and an industry-first recycled water initiative in India.

Digital Edge’s ESG strategy is anchored in three pillars – Respect for Resources, Respect for People and Communities, and Respect for Transparency – each embedded across its operations to drive sustainable, high-performance digital infrastructure.

“Over the past year, we scaled with sustainability at the core – expanding renewable electricity across our portfolio, advancing green finance to support efficient growth, and investing in practical solutions for resource stewardship across our fastest-growing markets,” said John Freeman, Group CEO of Digital Edge. “As demand for AI-ready digital infrastructure accelerates, responsible growth is no longer optional; it is now a baseline requirement from customers, investors, and regulators for operating in our sector.”

Key highlights from the 2026 ESG Report:

Industry-first recycled water initiative in India: Up to 10 million liters of treated greywater deployed daily at the BOM campus in Navi Mumbai for cooling – saving potable water equivalent to the daily needs of ~100,000 people.Largest data center green loans on record: US$582 million for SEL3 in South Korea and US$665 million for CGK Campus in Indonesia.Renewable electricity increased to 26%: Up from 21% in 2024, keeping Digital Edge on track towards its ambition of 100% renewable electricity by 2030.Achieved LEED Gold certification at EDGE2 (Jakarta) and Silver at TYO7 (Japan), with five additional facilities in India, Thailand, and Indonesia on track to meet or exceed LEED Silver.Scaled underground fiber infrastructure in Indonesia for greater business continuity through Indonet: Since 2024, our Jakarta fiber network has grown nearly 5x, with 92% now running underground – improving service reliability for customers while minimizing disruption to public routes.100% uptime across all operational data centers: No material service disruptions recorded in 2025, underscoring the platform’s operational resilience and governance discipline.Green Finance Framework rated SQS2 (Very Good) by Moody’s: Independent validation of Digital Edge’s approach to sustainable capital deployment.Signatory to the UN Global Compact: Reinforcing our commitment to global standards in human rights, labour, environment, and anti-corruption.

The full 2026 ESG Report is available at digitaledgedc.com/esg-report/esg-report-2026

About Digital Edge

Where performance meets sustainability, Digital Edge powers Asia-Pacific’s digital transformation with reliable, secure, and sustainable infrastructure. Headquartered in Singapore and backed by Stonepeak, the company delivers high-performance data center and fiber solutions for hyperscalers and enterprises across nine countries in Asia Pacific. With 1.8GW of secured IT power, Digital Edge empowers businesses to scale rapidly and responsibly in a connected, energy-efficient future.

Visit www.digitaledgedc.com for more information.

Media Contact
Digital Edge
Geraldine Lim
geraldine.lim@digitaledgedc.com

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SOURCE Digital Edge

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Dreame TV Shines at DREAME NEXT with Advanced Display and Audio Technologies

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SAN FRANCISCO, April 28, 2026 /PRNewswire/ — INNIX, Dreame Technology’s premium home entertainment brand, presented its latest high-end television and home cinema product portfolio at a press conference held at the Palace of Fine Arts, San Francisco on April 28th. Focusing on enhancing the user experience, Dreame TV presented a diverse range of display innovations, including TVs, breakthrough display and audio innovations, highlighting its leading position in the industry. This strategic launch represents a significant milestone in INNIX’s North American market expansion and underscores the brand’s commitment to advancing home entertainment through differentiated, in-house developed technologies.

Global-first Dynamic Sound Engine: INNIX RGB Mini LED Transforming TV R8000F

The INNIX Aura Mini LED R8000 series, a flagship representation of Dreame’s high-quality TV technology, quickly became a highlight of the event. The INNIX Aura Mini LED R8000 series introduces the world’s first Dynamic Sound Engine—a proprietary audio architecture that dynamically synchronizes acoustic output with mechanical display transformations. This integration enables real-time adaptation of the soundstage in response to changes in screen form factor and orientation.

R8000F is the world’s first TV featuring a motion-adaptive 6.2.2 channel dynamic sound engine. Powered by the flagship Dreamind Master AI processor, it delivers millisecond-level real-time optimization of both sound and image—bringing every moment to a professional cinema-grade standard. On the display side, R8000F adopts next-generation RGB-Mini LED technology with direct red, green, and blue backlighting. By controlling color at the light source, it achieves exceptional color purity and expression—featuring 100% BT.2020 ultra-wide gamut and ΔE < 0.7 ultra-high color accuracy.

S100 — Black Crystal True Color Screen+A Soundbar Within, Achieving the Premium Atmosphere Maestro

As expectations for home entertainment continue to rise, users want to see more authentic detail, hear purer sound, and enjoy a simpler, all-in-one design. The S100 was created to meet these needs.

The S100 features Aura Mini LED backlight with full-array local dimming, delivering precise light control and deep blacks. With QLED+ technology producing over 1.07 billion colors, every detail is sharp and every shade true to life. Powered by the custom Dreamind Pro AI Processor, 2K content is intelligently upscaled close to 4K, with adaptive color and clarity tuning for natural, vivid frames. Furthermore, S100 features a Black Crystal True Color Screen, delivering an ultra-low 1.8% reflection, AG25 anti-glare, a stunning 20,000:1 contrast, hyper-realistic colors, and a consistent 178° wide viewing angle without color shift. This effectively eliminates glare even under bright environmental conditions.

At the same time, the S100 integrates a full soundbar into its body, this innovation delivers 4.1.2ch Master Sound System performance with 11 sound units and 70W peak power—far surpassing typical 40W outputs—creating 270° physical sound coverage. Consumers receive both a flagship TV and premium soundbar in one elegant package.

The S100 is not just a TV. It is an “Atmosphere Maestro” — seamlessly fusing sight and sound to deliver a truly cinematic immersive experience at home.

Available in more than 120 countries via over 6,500 retail outlets and flagship stores, Dreame TV seizes this press conference opportunity to position itself as a technological innovator in the global entertainment sphere. It offers high-quality, intelligent designs that revolutionize daily viewing experiences through cutting-edge proprietary technologies.

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SOURCE Dreame Technology

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