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G+D Mobile Security and IDEMIA Intend to Create the White Label Alliance (WLA) to Define an Open Standard for Payment

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COURBEVOIE, France–(BUSINESS WIRE)–Considering global market demand for independent and standardized
payment solutions, G+D Mobile Security and IDEMIA announce their
intention to create the White Label Alliance (WLA) to provide a new
security solution for next generation payment applications. The solution
will be based on White Label EMV specifications and will enable
ready-to-deploy solutions for domestic payment schemes and closed-loop
worldwide.

The new alliance is a response to the growing global demand for new,
next-generation independent payment solutions. By providing global open
standards that are governed by an independent body, the White Label
Alliance (WLA) ensures that commercial solutions can be built on these
specifications enabling innovative and competitive offerings. The
White Label Alliance (WLA) aims to enable ready-to-deploy solutions for
domestic payment schemes and closed-loop worldwide

The aim of the White Label Alliance (WLA) cooperation is to design and
maintain an open, comprehensive and standardized framework to meet the
requirements of open and closed payment systems. Based on the EMV
standard, the White Label Alliance (WLA) solution ensures scalability
for all technologies: for cards, terminals and mobile devices. Therefore
the White Label Alliance is strongly committed to open standards to
ensure additional value for the payment ecosystem.

For these reasons, the White Label Alliance (WLA) initiative encourages
an ecosystem that enables innovations and competitive offerings based on
a worldwide standard.

As the owner of the specifications, the White Label Alliance (WLA) will
work on future-proof evolution of the solution being in line with
demands of the members. In order to expand the network and to grow
accessible payment schemes, the White Label Alliance (WLA) invites all
interested payment stakeholders to join.

“The close cooperation of companies such as G+D Mobile Security and
IDEMIA within the framework of the new alliance demonstrates the effort
to define new open payment specifications that ultimately benefit all
end users.” explains Gabriele Bugat, Head of Financial Services
Solutions at G+D Mobile Security. “We are also planning to gain more
members for the new alliance later this year in order to put our plans
on an even broader footing.”

“Supporting open standards and delivering interoperable solutions has
always been a key concern for our company. That is why we are very
pleased to be part of this initiative,” says Amanda Gourbault Executive
Vice President for Financial Institutions activities at IDEMIA. “Based
on our extensive experience in the development of EMV technology, we
want to play a key role in creating an open alliance which will allow
domestic payment networks, transport operators and closed loop retailers
to deploy a truly independent solution based on proven technology, with
a fast time to market.”

About G+D Mobile Security

G+D Mobile Security is a global mobile security technology group
headquartered in Munich, Germany. The company is part of the
Giesecke+Devrient Group. G+D Mobile Security has around 5,300 employees
worldwide and generated sales of around 868 million euros in the 2018
financial year. More than 40 sales offices and more than 20 certified
production and personalization locations worldwide ensure international
customer proximity.

G+D Mobile Security manages and secures billions of digital identities
over their entire lifecycle. Our products and solutions are used daily
by banks, network operators, manufacturers of mobile devices and
automobiles, health insurance companies, private and public transport
companies and their customers to secure mobile payment, communication
and interaction between devices. G+D Mobile Security holds a leading
competitive and technological position in these markets. Further
information can be found at https://www.gi-de.com/de/de/mobile-security

About Idemia

IDEMIA, the global leader in Augmented Identity, provides a trusted
environment enabling citizens and consumers alike to perform their daily
critical activities (such as pay, connect, travel and vote), in the
physical as well as digital space.

Securing our identity has become mission critical in the world we live
in today. By standing for Augmented Identity, an identity that ensures
privacy and trust and guarantees secure, authenticated and verifiable
transactions, we reinvent the way we think, produce, use and protect one
of our greatest assets – our identity – whether for individuals or for
objects, whenever and wherever security matters. We provide Augmented
Identity for international clients from Financial, Telecom, Identity,
Public Security and IoT sectors.

With 13,000 employees around the world, IDEMIA serves clients in 180
countries.

Contacts

Christoph Lang
Giesecke+Devrient
press spokesman
corporate
communications
Phone: +49 89 4119-2164
E-mail: christoph.lang@gi-de.com

IDEMIA / Havas PR agency
Email: idemia@havas.com

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PURA Cannabis Cultivation Spinoff and Dividend Breaking News Update

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Dallas, Texas–(Newsfile Corp. – July 10, 2020) – Puration, Inc. (OTC Pink: PURA) now has the following update to the press release published this morning about the management buyout of a separate public company that will in turn purchase PURA’s cannabis cultivation spinoff in exchange for common stock scheduled to close today. The management buyout has been executed by all parties. The purchase is scheduled to be funded on Monday. The management/owner team plans to make a formal announcement on Tuesday, July 14, 2020 (the formal announcement was previously expected on Monday, but to ensure funding is complete first, the announcement is now scheduled for the next day).

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PURA – Logo

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The common stock issued in exchange for the PURA spinoff is intended to be issued to PURA shareholders in a dividend distribution.

NCM Biotech, a subsidiary of Kali-Extracts (OTC Pink: KALY) will also be acquired and merged with PURA’s cannabis spinoff.

The management team purchasing control of the target public company is expected to confirm the planned acquisitions of PURA’s cannabis cultivation company and KALY’s NCM Biotech in the announcement now scheduled for Tuesday, July 14, 2020.

PURA’s cannabis cultivation operation is thriving. The operation has recently purchased and relocated to a new property from its former leased property. Texas lawmakers have recently implemented hemp friendly farming regulations and in so doing, universities within the State of Texas have initiated hemp farming research programs. PURA’s cannabis cultivation spinoff has initiated a number of joint research applications with Texas universities.

NCM Biotech is focused on medical research and the development of treatments derived from its patented cannabis extraction process. See a recent research report on CBD extracts derived from NCM Biotech’s patented extraction process: Journal of Cannabis Research.

For more information on Puration, visit http://www.purationinc.com

Disclaimer/Safe Harbor:

This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease.

Contact:
Puration, Inc.
Brian Shibley,
info@aciconglomerated.com
(800) 861-1350

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/59533

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PURA Ongoing EVERx CBD Sports Water Sales Fuel Expansion

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Dallas, Texas–(Newsfile Corp. – July 10, 2020) – Puration, Inc. (OTC Pink: PURA) management today indicated that its EVERx CBD Sports Water sales remain strong and continue to support the company’s expansion plans to diversify into additional CBD infused consumer product lines.

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PURA – EVERx CBD Sports Water
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After launching an acquisition campaign in January, PURA has acquired four businesses ranging from CBD confections, to CBD pet products, to CBD sun care products and CBD sexual wellness products. PURA is building a brand name strategy to relaunch the acquired products. Management emphasizes that PURA’s success with EVERx CBD Sports Water is the ongoing catalyst making PURA’s diversified expansion possible.

For more information on Puration, visit http://www.purationinc.com

Disclaimer/Safe Harbor:

This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease.

Contact:
Puration, Inc.
Brian Shibley,
info@aciconglomerated.com
(800) 861-1350

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/59529

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SLANG Worldwide Announces Election of New Directors

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Toronto, Ontario–(Newsfile Corp. – July 10, 2020) – SLANG Worldwide Inc. (CNSX: SLNG) (“SLANG” or the “Company“), a leading global cannabis consumer packaged goods (CPG) company with a diversified portfolio of popular brands, today announced the election of four new directors who will add considerable expertise in consumer products, marketing, corporate strategy and financial management to its Board.

Joining SLANG’s Board are the following individuals:

  • Chris Donnelly is the founder of four start-up ventures across consumer products, digital marketing, and outdoor advertising. In 2002, Mr. Donnelly helped create the subsidiaries group within Nike. In 2006, Mr. Donnelly joined Oakley as SVP of Global Strategy and Product, where he rebuilt the organizational structure for all 3,000 employees to align the company around its top priorities. Over 9 years, through 450 new retail stores and 4 website launches, he shifted the direct to consumer business from 11% of revenues to 48%. Since 2016, Mr. Donnelly has spent his time advising and investing in consumer businesses.

  • Kelly Ehler is a Chartered Accountant and former auditor with PWC and banker with Bank of Montreal. He has sat on various public company corporate boards and board committees including additional roles as Audit Committee chair. He has led several companies, from start-ups to billion-dollar public companies, as CFO in a variety of industries and countries. His experience covers debt financing, due diligence, acquisitions and dispositions, audits, consolidations, multi jurisdiction entities and multijurisdictional public companies. Mr. Ehler also serves as CFO of SLANG.

  • Matt Fraser is President and COO at CANarchy Craft Brewery Collective (“CANarchy”) where he leads all business operations across the portfolio of craft breweries. Under his leadership, CANarchy has grown to the 8th largest craft brewery in the United States and operates 8 manufacturing locations and 16 brewpubs and taprooms. He initially joined CANarchy as CFO, with responsibility for financial reporting and analysis, forecasting and overall budget management. Mr. Fraser previously spent eight years at Lazard Frères in its Middle Market advisory group.

  • Robert (Bob) Verdun specializes in helping businesses with their go to market/growth strategies and effective ways to maximize shareholder value. He has recently been involved in dozens of M&A transactions, advising company owners on strategies for growth, acquisitions, mergers and capital raises. As President and Chief Executive Officer of Computerized Facility Integration, Mr. Verdun established partnerships with some of the leading companies in its industry and became IBM’s largest global partner for multiple product lines.

“We are very pleased to welcome four new directors with tremendous experience leading and counseling growth companies across a range of sectors. Their insights will be valuable as SLANG continues to execute on its vision of becoming the leading CPG company in the cannabis space,” said SLANG Chairman and CEO Peter Miller. “On behalf of the Company, I would also like to thank Chris McElvany, William Stocks and Olaf van Tulder for their contributions to our Board during the crucial early stages of our growth.”

All seven of the nominees listed in the Management Information Circular dated June 9, 2020 were elected as directors of the Company at its annual and special meeting of shareholders held in a virtual format on July 8, 2020. Re-elected directors include Chris Driessen, Peter Miller and Keith Stein. Messrs. Donnelly, Fraser, Stein and Verdun are all considered independent directors of the Company.

Media and Investor inquiries

Investors@SLANGworldwide.co

About SLANG Worldwide Inc.

SLANG Worldwide Inc. is a global leader in the cannabis CPG sector with a diversified portfolio of popular brands distributed across the United States. The Company specializes in acquiring and developing market-proven regional brands as well as launching innovative new brands to seize global market opportunities. SLANG is listed on the Canadian Securities Exchange under the ticker symbol SLNG. For more information, please visit www.slangww.com.

Forward-Looking Statements

This news release contains statements that constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects,” “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur.

Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management of SLANG at this time, are inherently subject to significant business, economic and competitive risks, uncertainties and contingencies that could cause actual results to differ materially from those expressed or implied in such statements. Investors are cautioned not to put undue reliance on forward-looking statements. Applicable risks and uncertainties include, but are not limited to regulatory risks, risks related to the COVID-19 global pandemic, changes in laws, resolutions and guidelines, market risks, concentration risks, operating history, competition, the risks associated with international and foreign operations and the other risks identified under the headings “Risk Factors” in SLANG’s final long form prospectus dated January 17, 2019 and “Risks and Uncertainties” in the management discussion and analysis for the year ended December 31, 2019, as filed on SEDAR at www.sedar.com. SLANG is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/59516

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