Category: Business

NEW YORK CITY, NY / ACCESS Newswire / July 16, 2025 / VerseOne Distribution is excited to announce the launch of a robust new RESTful API, created to streamline how record labels, artist management companies, and music tech platforms deliver releases to Digital Service Providers (DSPs) worldwide.

This service is inclusive on the Premium and enterprise tiers of VerseOne Pro White label music distribution software.

With the VerseOne Pro API, labels can now integrate their own internal systems such as distribution websites, artist management platforms, Apps, accounting software directly with VerseOne’s distribution back-end.

This connection is designed to eliminate manual data entry between platforms, reduce costly errors, and speed up the entire release workflow.

Core Features of the API Include:

Creating and managing releases programmatically: Labels can automatically push albums, singles, and EPs straight from their own systems into the distribution pipeline with a single API call.

Uploading users, tracks and artwork in bulk: High-quality audio files, cover art, and metadata can be handled automatically, ensuring data is properly synced between platforms and DSPs receive perfectly formatted content.

Updating and correcting metadata instantly: Make last-minute changes to titles, credits, or ISRC codes without the delays of manual processing.

Monitor delivery status to DSPs: Track when releases get delivered on platforms like Spotify, Apple Music, YouTube Music, and more.

The VerseOne Pro API is available now for all eligible partners, from indie labels to enterprise music companies with their own websites, apps, or rights management systems. Comprehensive developer documentation, sandbox access, and dedicated support make integration simple and secure.

For more information about integrating the VerseOne PRO API, please visit: https://verseone.net/pro-api

About VerseOne Distribution
VerseOne Distribution is a trusted global music distribution partner, empowering thousands of artists and labels to deliver their music to major DSPs worldwide. With a commitment to innovation, transparency, and artist success, VerseOne helps the music industry grow , one release at a time.

SOURCE: Verse One Media LLC

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Research published in JAMA Health Forum projects 13-14 excess deaths and over 800 preventable hospitalizations annually per 100,000 people losing Medicaid coverage

SAN FRANCISCO, CA / ACCESS Newswire / July 16, 2025 / Waymark, a public benefit company dedicated to improving access and quality of care in Medicaid, today published peer-reviewed research in JAMA Health Forum examining the projected health system and economic impacts of 2025 Medicaid policy changes. The study, conducted in collaboration with researchers at the University of North Carolina at Chapel Hill, reveals that H.R. 1, the “One Big Beautiful Bill Act” recently passed by Congress, could result in devastating consequences for vulnerable populations, rural communities, and local economies nationwide.

Numerous studies from multiple organizations, including the nonpartisan Congressional Budget Office (CBO), estimate that Medicaid changes including eligibility restrictions, work requirements, and reduced federal matching rates would result in between 7.6 million and 14.4 million Americans becoming uninsured by 2034. Unlike previous analyses focused on enrollment projections, this study quantifies how changes in federal spending and coverage could impact population-level health outcomes and create economic ripple effects for communities across the country – particularly in rural areas already struggling with healthcare access.

Key findings:

The study projects that for every 100,000 people who lose Medicaid coverage, communities can expect substantial consequences for health outcomes and economic stability:

Health and Economic Impacts (Per 100,000 People Losing Coverage):

• 13-14 excess deaths annually

• 810-924 preventable hospitalizations annually

• ~2,582 jobs lost annually

• ~$1.2 billion in reduced economic output annually

Healthcare System Impacts (National Scale):

• Rural hospitals face heightened risk of closure, with impact disproportionate to coverage losses due to the high concentration of patients on Medicaid in rural areas

• Federally qualified health centers (FQHCs) experience revenue reductions of 18.7-26.1% depending on coverage loss magnitude and the degree to which patients losing Medicaid would be able to gain other forms of insurance (e.g., Exchange plans)

The study analyzed both base case and higher coverage loss scenarios, with per-capita health and economic consequences remaining consistent across both scenarios. These projected ratios can be applied regardless of the final number of people affected by the policy changes, as uncertainty remains regarding the scale of coverage losses due to administrative burdens of renewal and work requirement verification processes. The study is based on a comprehensive microsimulation model incorporating empirically derived parameters from peer-reviewed literature on health outcomes, healthcare systems, and local economies.

“This analysis demonstrates that Medicaid policy changes in H.R. 1 could have far-reaching consequences extending well beyond federal budget considerations,” said Dr. Sanjay Basu MD PhD, lead author of the study and Co-Founder and Head of Clinical for Waymark. “The data shows that rural and underserved communities would bear a disproportionate burden of these policy changes, with implications for people’s lives and livelihoods that state and local policymakers must carefully consider.”

With H.R. 1 now signed into law, these findings provide critical insights into what communities can expect as the legislation’s provisions take effect. The law includes 80-hour monthly work requirements for able-bodied adults, enhanced eligibility verification every six months, and reduced federal matching rates for expansion populations – representing the most significant restructuring of Medicaid since the program’s creation.

“Medicaid affects many different aspects of people’s lives,” said Dr. Seth A. Berkowitz MD MPH, co-author of the study and Associate Professor of Medicine at the University of North Carolina School of Medicine. “When Medicaid gets cut, there are of course health impacts to the people who lose coverage. But there are also important impacts to the broader community, and policymakers need to consider those impacts as well.”

Recognizing the importance of tracking implementation impacts, the research team has made their microsimulation model open source to enable updated estimates as implementation details are finalized. This approach ensures that policymakers and stakeholders have access to the most current projections as states develop their implementation plans.

“This research demonstrates the critical importance of understanding the full consequences of proposed Medicaid changes beyond federal budget numbers,” said Dr. Sadiq Y. Patel MSW PhD, an author for the study and VP of Data Science and Artificial Intelligence for Waymark. “Our model reveals that coverage losses would cascade through communities in ways that profoundly impact public health, healthcare delivery systems, and local economies. These findings should inform policymakers about the real-world trade-offs inherent in these policy decisions.”

The research letter titled “Projected Health System and Economic Impacts of 2025 Medicaid Policy Proposals” was published in JAMA Health Forum. The study was conducted by Dr. Sanjay Basu (Waymark, University of California San Francisco), Dr. Sadiq Y. Patel (Waymark, University of Pennsylvania), and Dr. Seth A. Berkowitz (University of North Carolina at Chapel Hill).

About Waymark
Waymark is a public benefit company dedicated to improving access and quality of care for people receiving Medicaid. We partner with health plans and primary care providers – including health systems, federally qualified health centers (FQHCs), and independent practices – to reduce disparities and improve outcomes through technology-enabled, community-based care. Our local teams of community health workers, pharmacists, therapists and care coordinators use proprietary data science and machine learning technologies to deliver evidence-based interventions to hard-to-reach patient populations. Waymark’s peer-reviewed research has been published in leading journals including the New England Journal of Medicine (NEJM) Catalyst, Nature Scientific Reports, and Journal of the American Medical Association (JAMA)-demonstrating measurable improvements in health outcomes and cost savings for Medicaid populations. For more information, visit www.waymarkcare.com.

Contact Information

Iman Rahim
Communications
iman.rahim@waymarkcare.com

SOURCE: Waymark

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Brand Targets Aggressive Retail, Wholesale and Ecommerce Expansion

WEST PALM BEACH, FL AND BERLIN, GERMANY / ACCESS Newswire / July 16, 2025 / U.S. Polo Assn., the official brand of the United States Polo Association (USPA), is proud to announce its first retail store in Germany alongside its brand partners Incom S.p.a. and Modevertrieb Sarnacchiaro GmbH (MVS). The location of the first U.S. Polo Assn. store in the heart of Berlin is at the premier Alexa Mall at Alexanderplatz and marks the beginning of a strategic retail rollout across the country, which solidifies the multi-billion-dollar brand’s global presence in Germany. The new Berlin store is offering a curated selection of men’s, women’s, undergarments, and beachwear collections – a perfect mix of sports heritage and contemporary spirit.

U.S. Polo Assn. is a symbol of style that blends sports inspiration and authentic lifestyle and continues to strengthen its global presence. U.S. Polo Assn. plans to open more than 20 stores in the next several years in Germany, which is a top 10 global market for the brand. A U.S. Polo Assn. ecommerce site will launch in Germany in 2026. This expansion reflects the global brand’s commitment to delivering an authentic brand experience and marks yet another exciting milestone for U.S. Polo Assn. in Europe. Through 2025, U.S. Polo Assn. is increasing its fleet of stores with an additional 100 new locations, taking the count to 1,200 retail stores worldwide.

The Grand Opening of the Alexa Mall U.S. Polo Assn. store was an evening of celebration with a ribbon cutting and cocktail party, attended by VIPs, media, and fans of the brand, with special guests including J. Michael Prince, President and CEO of U.S. Polo Assn./USPA Global, Lorenzo Nencini, President of Incom and Raffaele Sarnacchiaro of MVS. Joining them was U.S. Polo Assn. Global Brand Ambassador and Italian Polo Champion Giordano Magini. U.S. Polo Assn. models showed off the iconic polo player style throughout the event and in the mall, while guests enjoyed appetizers, cocktails, custom gifts, and prizes set against live DJ beats, all from the iconic sport-inspired brand.

“We are aggressively growing the German marketplace with our U.S. Polo Assn. retail store and e-commerce expansion as well as our wholesale partnership footprint,” said J. Michael Prince, President and CEO of USPA Global, the company that manages and oversees the multi-billion-dollar global U.S. Polo Assn. brand.

“Opening our first U.S. Polo Assn. store in Berlin is not just about launching a store, it’s about bringing our brand to life in a new way for the German market. Our standalone locations allow consumers to fully engage with the U.S. Polo Assn. lifestyle in an immersive retail experience that deepens our connection with customers and reflects our long-term commitment to this vital market,” Prince added.

U.S. Polo Assn. is also proud to be the Official Apparel Sponsor of the Berlin Maifeld Cup at historic Olympiapark, which served as the Olympic Park for the 1936 Berlin Summer Olympics. This tournament is one of Germany’s most important and a highlight of the European polo season.

“Berlin is not just a European capital: it is a creative, multicultural, and fashion-forward hub, where consumers value both classic style and quality, a hallmark of the U.S. Polo Assn. brand,” says Lorenzo Nencini, CEO of Incom, U.S. Polo Assn.’s strategic partner. “With an already strong presence in the local fashion sector, we’re proud to partner with Sarnacchiaro for our store on the German high street, the ideal place for U.S. Polo Assn.’s debut in Germany.”

Modevertrieb Sarnacchiaro GmbH is a family-owned fashion distributor based in Germany, with over 40 years of industry experience. Founded in 1985, the company began as a supplier of promotional goods and has since evolved into a trusted licensing partner, working with both owned and external fashion brands. Today, MVS offers end-to-end expertise across the entire value chain, from design and product development to production in both the EU and Asia, import, sales, and in-house logistics, established in 2020. Known for its entrepreneurial mindset and long-standing partnerships, MVS works closely with leading retailers and distributors across Europe to bring fashion-forward, high-quality products to market.

“Bringing U.S. Polo Assn. to life in Berlin is a proud moment for our team at MVS and the result of a strong and dynamic partnership,” said Raffaele Sarnacchiaro, Managing Director of Modevertrieb Sarnacchiaro GmbH. “Germany is a key fashion market where consumers value authenticity, quality, and lifestyle-driven brands. With this first store in the heart of Berlin, we are setting the stage for long-term growth and an exciting retail journey for U.S. Polo Assn. in Germany.”

ABOUT U.S. POLO ASSN.

U.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the largest association of polo clubs and polo players in the United States, founded in 1890 and based at the USPA National Polo Center in Wellington, Florida. This year, U.S. Polo Assn. celebrates 135 years of sports inspiration alongside the USPA. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,100 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. Historic deals with ESPN in the United States and Star Sports in India now broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., making the thrilling sport accessible to millions of sports fans globally for the very first time.

U.S. Polo Assn. has consistently been named one of the top global sports licensors in the world alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global and digital growth. Due to its tremendous success as a global brand, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world.

For more information, visit uspoloassnglobal.com and follow @uspoloassn.

ABOUT INCOM S.P.A.
Incom S.p.a., founded in Montecatini Terme (PT) in 1951, operates under license as the clothing division of the U.S. Polo Assn. brand and also produces and distributes important clothing brands worldwide. Additionally, Incom S.p.a. is one of the main suppliers of military and paramilitary clothing for the Italian State, providing both uniforms and technical apparel made with the special proprietary patent “Float” for floating garments. Since January 2008, Incom S.p.a. has been producing and distributing men’s, women’s, children’s, underwear, and swimwear clothing under the U.S. Polo Assn. brand in Europe, with consistently growing sales results. For more information, visit www.incomitaly.com.

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SOURCE: U.S. Polo Assn.

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TAMPA, FL / ACCESS Newswire / July 16, 2025 / As temperatures rise across the Sunshine State, it might be tempting to stay inside and crank the air conditioning. But getting out into Florida’s wild spaces can help you stay cool while connecting with the beauty and power of nature!

Live Wildly, a nonprofit inspiring people to experience and protect Florida’s natural landscapes, is reminding Floridians that forests and freshwater springs offer their own natural air conditioning, with forests keeping temperatures as much as 13 degrees cooler than surrounding areas. And the state’s numerous natural springs provide refreshing escapes in clear waters that stay a cool 68-72 degrees year-round.

“Protecting Florida’s forests and other natural areas can help all of us stay cooler as temperatures rise,” said Lisa Shipley, CEO of the nonprofit Live Wildly. “Walking beneath shaded forest canopies, tubing down rivers, or taking a plunge into natural spring waters is a great way to beat the heat – and it’s a lot more fun than sitting inside staring at a screen!”

Whether you’re looking for a refreshing swim or a breezy trail to explore, here are Live Wild’s top five outdoor places to stay cool this summer:

1. Wekiwa Springs State Park: With crystal clear waters that stay a refreshing 72-degrees year-round, Wekiwa Springs is the perfect place to snorkel, swim, or just dangle your feet in crisp spring waters. Living up to its name – “wekiwa” comes from the Creek word meaning “bubbling water” – the park offers visitors natural swimming pools and the opportunity to float above a bubbling aquifer. Kayak rentals are available on-site to paddle the Wekiwa River. Located a quick 25-minute drive from Orlando, it’s the perfect place to explore nature while beating the heat. Reservations are required for entry, so make sure to plan ahead.

2. Devil’s Millhopper Geological State Park: Despite its devilish name, this Gainesville park provides visitors a lush and unexpected oasis. You’ll feel the temperature drop as you descend a staired-boardwalk into a 120-foot sinkhole. Small waterfalls and streams tumble down the steep limestone walls where thick vegetation thrives even in the driest of summers. Once at the bottom, enjoy the cool shade of a miniature rainforest. You might even spot shark teeth and other fossils embedded in the walls, revealing the ancient history of this geological wonder.

3. Delnor-Wiggins Pass State Park: This Gulf Coast beach, located along a barrier island near Naples, is considered one of the most pristine stretches of beach in the world. Enjoy cool ocean breezes while you swim, search for shells, or spot dolphins, manatees, and sea turtles swimming offshore. Bring your own kayak, canoe, or paddleboard to explore Water Turkey Bay. A hard-bottom reef located off the shoreline offers fun snorkeling and scuba diving opportunities.

4. Blackwater River State Park: Located in the panhandle, the park offers numerous ways to cool off along the meandering Blackwater River. You can fish along the river’s sandy banks or from the park’s numerous oxbow lakes. Rent kayaks, canoes, and tubes to float down the river’s shallow waters and pass over deep swimming holes. For those who prefer to stay dry, there are trails for hiking and biking in the shade of towering longleaf pines.

5. Guana Tolomato Matanzas National Estuarine Research Reserve: Enjoy the cool breezes and shady maritime forests of this sprawling research reserve while learning how estuaries benefit our daily lives (among other things, they filter our water, reduce flooding, and serve as nurseries for fish, crabs and shrimp). Visitors can paddle the serene waters of Guana Lake, the Guana River, and the Tolomato River, or hike trails while looking for some of the 200 bird species that have been recorded here. The reserve also offers guided tours during which you can learn about the human and natural history of this coastal habitat located just 20 minutes north of St. Augustine.

Live Wildly believes that the more people connect with nature, the more they’ll want to protect it. That’s why the organization is committed to preserving wild places, sharing their stories and empowering Floridians to be part of conservation solutions.

“These aren’t just beautiful places to visit,” said Shipley. “They’re vital ecosystems-and the heart of our State’s economic prosperity.

To find more cool outdoor escapes and learn how Live Wildly supports conservation efforts across Florida, visit LiveWildly.com and follow @LiveWildlyFL on social media.

About Live Wildly:
Live Wildly is a nonprofit organization dedicated to preserving Florida’s natural landscapes and wildlife. Through advocacy, education, and community engagement, Live Wildly works to raise awareness about the importance of conservation and empower individuals to take action to protect the environment. The organization is committed to safeguarding Florida’s rich biodiversity and ensuring a sustainable future for generations to come.

SOURCE: Live Wildly Foundation

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Empowering small businesses to ditch the paperwork and fast-track new hire setup, Patriot’s employee self-onboarding feature lets new hires enter their own info securely-saving time, reducing errors, and giving employers one less stack of forms to deal with.

CANTON, OH / ACCESS Newswire / July 16, 2025 / Patriot Software, a leading provider of accounting and payroll software in the U.S., announces a new value-added feature for all payroll customers-employee self-onboarding for new hires. Employee self-onboarding significantly cuts down on administrative burdens and offers businesses a swift and professional method to integrate new hire information into their payroll system.

Many of Patriot’s existing customers have been adding new employees to their teams, prompting Patriot to prioritize this enhancement. The U.S. Bureau of Labor Statistics reported that small businesses added 5.4 million workers in March 2025 alone, underscoring the dynamic nature of the current job market. And in today’s competitive landscape, businesses that move quickly gain a significant advantage.

By automating onboarding tasks, Patriot helps businesses reduce manual data entry and avoid costly errors. With Patriot’s employee self-onboarding, new hires securely enter their essential personal details, bank, and tax information directly into the payroll software, all while keeping sensitive information protected and centralized.

“Employee self-onboarding does double duty-it saves time for employers and creates a seamless experience for employees,” said Amie Scarpitti, Product Manager at Patriot. “Employers should not have to spend their precious time sorting through stacks of paper forms, and new hires deserve a smooth experience. We’re proud to offer a modern onboarding experience that’s fast, secure, and eliminates unnecessary paperwork.”

Patriot is dedicated to helping American businesses operate more efficiently with powerful, easy-to-use accounting and payroll solutions. This commitment is clearly reflected in the latest feature. Based on feedback from early adopters, it’s hitting the mark. One customer noted, “It’s a great addition to Patriot Software,” while another shared, “I know it saved a lot of time on my end.”

Existing payroll customers can access the employee self-onboarding feature directly within their accounts when adding a new hire. Businesses interested in streamlining their accounting and payroll can learn more and schedule a demo at Patriot Software’s website. New customers receive a 30-day free trial and 50% off software pricing for the first three months.

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Patriot Software is disrupting the accounting and payroll industries with its low prices, achieving the 100th percentile for customer loyalty and satisfaction, and award-winning software. Patriot offers cloud-based accounting, payroll, HR, and time and attendance software solutions that help American businesses with up to 500 employees simplify their administrative tasks. Patriot’s US-based customer support team provides a personal touch that most software companies lack today. The company has been serving tens of thousands of businesses nationwide since 2002.

For more information, please contact:

Michele Bossart
Product Marketing Manager
mbossart@patriotsoftware.com
877-968-7147

SOURCE: Patriot Software, LLC

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Company Doubles Missouri R&D Facility, Launches Heat Pump Testing, and Readies Fall Rollout of SOLIS™ & COR™ Mobile Nano-Grid System

WEST SENECA, NY / ACCESS Newswire / July 16, 2025 / Worksport Ltd. (NASDAQ:WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today announced major corporate developments across research, manufacturing, and commercialization-signaling aggressive growth following a record-setting Q2.

Expanding U.S. R&D and Preparing for Manufacturing Scalability

After delivering Q2 2025 top-line results of $4.1M, up 83% from the previous quarter, Worksport shares that it has recently moved into new research and development (“R&D”) facilities in Ozark, Missouri, doubling its R&D footprint to facilitate larger R&D initiatives, paired with a large pipeline of upcoming and planned launches of innovative products and features. This expansion underscores the Company’s commitment to product innovation and expanding its customer reach through future-facing technology platforms. Missouri was selected due to its central geography, skilled labor force, and growing prominence as a U.S. manufacturing hub.

With production up over 50% since March 2025, the Company is also evaluating new factory capacity to meet surging demand. A decision on expansion is expected by the end of Q3. The Company shares that demand remains ahead of output.

COR and SOLIS Moving Toward Commercial Launch

Worksport’s highly anticipated SOLIS solar-integrated tonneau cover and COR portable nano-grid system remain on track for a Fall 2025 launch. Both products have completed major validation milestones, including third-party testing and customer-paid beta deployments. Management believes this clean-tech vertical-targeting a $13B addressable market-represents a transformational revenue stream and an expansion beyond the Company’s core truck accessory business.

The Company projects $2-3 million in revenue from SOLIS and COR in 2025, with 2026 expected to see 8-figure growth potential as sales expand across both business to consumer (B2C) and strategic enterprise channels.

AetherLux™ Gains Additional Enterprise Attention

Terravis Energy, Worksport’s clean-tech subsidiary, has entered early-stage commercial testing of its AetherLux™ Pro heat pump with high-performance Zerofrost technology, addressing the $148B global heat pump market. The technology is drawing interest from multi-billion-dollar corporations and U.S. government entities, with site visits and due diligence already underway.

Management believes AetherLux could play a major role in Worksport’s 2026 balance sheet, as the Company continues to validate its performance in extreme climate conditions and scale its manufacturing pathways.

For further information:

Investor Relations, Worksport Ltd. T: 1 (888) 554-8789 -128
W: investors.worksport.com W: www.worksport.com E: investors@worksport.com

Connect with Worksport Chief Executive Officer, Steven Rossi

Steven Rossi X (Twitter)

Steven Rossi LinkedIn

Join: Worksport’s Newsletter

About Worksport

Worksport Ltd. (Nasdaq:WKSP), through its subsidiaries, designs, develops, manufactures, and owns the intellectual property on a variety of tonneau covers, solar integrations, portable power systems, and clean heating & cooling solutions. Worksport has an active partnership with Hyundai for the SOLIS Solar cover. Additionally, Worksport’s hard-folding cover, designed and manufactured in-house, is compatible with all major truck models and is gaining traction with newer truck makers including the electric vehicle (EV) sector. Worksport seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and Cold-Climate Heat Pump (CCHP) technology. Terravis Energy’s website is terravisenergy.com.

Connect with Worksport

Please follow the Company’s social media accounts on X (previously Twitter), Facebook, LinkedIn, YouTube, and Instagram (collectively, the “Accounts”), the links of which are links to external third-party websites, as well as sign up for the Company’s newsletters at investors.worksport.com.

Social Media Disclaimer

The Company does not endorse, ensure the accuracy of, or accept any responsibility for any content on these third-party websites other than content published by the Company. Investors and others should note that the Company announces material financial information to our investors using our investor relations website, press releases, Securities and Exchange Commission (SEC”) filings, and public conference calls and webcasts. The Company also uses social media to announce Company news and other information. The Company encourages investors, the media, and others to review the information the Company publishes on social media. The Company does not selectively disclose material non-public information on social media. If there is any significant financial information, the Company will release it broadly to the public through a press release or SEC filing prior to publishing it on social media.

Forward-Looking Statements

The information contained herein may contain “forward‐looking statements.” Forward‐looking statements reflect the current view about future events. When used in this press release, the words “anticipate,” “believe,” “estimate,” “scheduled,” “expect,” “future,” “intend,” “plan,” “project,” “envisioned,” “should,” or the negative of these terms and similar expressions, as they relate to us or our management, identify forward‐looking statements. These statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial situation may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) supply chain delays; (ii) acceptance of our products by consumers; (iii) delays in or nonacceptance by third parties to sell our products; and (iv) competition from other producers of similar products. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the SEC, including, without limitation, our latest Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at www.sec.gov. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company’s actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. The forward-looking statements made in this press release are made only as of the date of this press release, and the Company undertakes no obligation to update them to reflect subsequent events or circumstances.

SOURCE: Worksport Ltd.

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