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

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

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

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

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

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

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

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

About The Coretec Group

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

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

For more information, please visit thecoretecgroup.com.

Follow The Coretec Group on:

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

Forward-Looking Statements

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

Corporate Contact:

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

Media Contact:

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

GlobeNewswire Distribution ID 8845674

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

Access Accelerated and Partners Unveil Findings From Six-Year Report

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

 

Access Accelerated
Access Accelerated logo

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

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

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

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

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

Visit www.accessaccelerated.org to download the report.

About Access Accelerated

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

Contact Information

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

SOURCE: Access Accelerated

6+6 Committee: We achieved consensus on the election of the President of State and members of the National Assembly.

The joint committee in charge of the House of Representatives (HoR) and the State Council to prepare electoral laws (6 + 6) ,announced yesterday that it achieved a full consensus regarding the election of the president of state and members of the National Assembly, in addition to how to involve the political parties in the HoR elections through party lists or individual nominations.

This came in a statement following a new round of consultations in the Moroccan city of Bouznika, which was read by the head of the delegation of the High Council of State, Omar Boulifa.

The statement stated that the committee held several meetings in Tripoli before this round in Morocco, which were characterized by a positive atmosphere among the members during the discussion of most points related to the legislative and presidential election laws.

It added that it had connected with different government institutions concerned with elections, and was guided by a set of proposals it had received from political and civil bodies and Libyan experts in this regard.

The Committee stressed that holding legislative and presidential elections will take place according to simultaneous procedures.

The committee indicated the progress made in defining and distributing seats in the HoR and Senate according to constituencies, procedures for forming and approving lists of candidates, representation of women, controlling electoral crimes, procedures for electoral appeals related to the elections of the President of the State, the HoR, and the Senate, and organizing the right of all candidates to access equitably government media platforms as well as their own.

The committee also affirmed its members’ commitment and the commitment of their colleagues in the HoR and the state to complete the preparation of various electoral draft laws in this meeting, in order to achieve a consensual and comprehensive legislative framework for the elections in Libya, in constant consultation with the judicial bodies and the technical bodies represented by the High National Elections Commission and the UNSMIL.

Source: Libyan News Agency

Kuwait Crown Prince welcomes Google Cloud VP

His Highness the Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah received visiting Vice President of Google Cloud Company Vinton G. Cerf and his accompanying delegation at Bayan Palace on Wednesday.

Welcoming the guests, His Highness the Crown Prince underlined Kuwait’s efforts towards digital and technological transformation as being a core pillar of carrying out its national vision, launching development projects based on sophisticated technology, developing national skills in line with the best practices of specialized world companies, and creating promising job opportunities.

His Highness the Crown Prince also stressed Kuwait’s eagerness to forge partnerships in this regard in order to realize its ambitions of transformation into knowledge-based economy, and build more prosperous and sustainable future.

He, further, pointed out the Kuwaiti political leadership’s willingness to upgrade governmental services and cloud computing services, wishing that partnership with Google Cloud Company would be a starting point for digital openness and partnership with world companies concerned with digital, technological and communication advancement.

For his part, Vice President of Google Cloud Company Vinton G. Cerf voiced thanks to Kuwait’s leadership and government for trusting his company’s technological services, while looking forward to a constructive partnership by offering the company’s expertise in digital transformation and technology use.

In this regard, Cerf vowed that Google Cloud Company would spare no effort to develop this field in the State of Kuwait.

His Highness the Crown Prince’s Diwan Chief Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah, Minister of State for Municipal Affairs and Minister of State for Communication Affairs Fahad Ali Al-Shala, Director-General of the Kuwait Direct Investment Promotion Authority Sheikh Meshaal Jaber Al-Ahmad Al-Jaber Al-Sabah and senior officials of His Highness the Crown Prince’s Diwan were present at the reception.

Source: Kuwait News Agency

India’s G20 Presidency.. challenges and opportunities

Indian leadership has often projected New Delhi’s G20 Presidency as an opportunity for playing an important role in global affairs, but it has challenges to handle as the global political landscape is full of political, economic, security and geopolitical uncertainties.

Comprising 19 countries including Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkiye, the US, the UK and the European Union, the G20 is considered to be the most important global forum that is capable of addressing several key issues especially the economic and financial ones. Hence the presidency of the body is of paramount importance to any country.

India has so far held more than 100 meetings in the framework of G20 bringing together leaders of the most powerful countries on the planet and New Delhi invited several African and Asian countries to the meetings as guests to showcase that its ?‘One Earth. One Family. One Future?’ a pragmatic and realistic approach.

G20 member countries have substantial stake and at times direct role in triggering global issues whether they are in the economic, health, security arenas.

When India assumed the G20 leadership in December 2022, some of the most important crises including the Ukraine war, economic recovery from the Covid-19 pandemic, climate change issues arising from the new and emerging technologies were at their peak.

India has to deal with China, also a G20 member, and its politics in the border areas. Tension between India and China has aggravated recently over renaming of several places in Arunachal Pradesh and due to objections raised by the Chinese authorities over the visit of Indian officials to the border areas of the Himalayan state.

Another important challenge India faces is on striking a balance in the Indo-Pacific. The QUAD featuring India, Australia, Japan and the US has been subject of controversy as China objected to the alliance and their military exercises alleging that the US is encircling China and trying to contain it with the support of the states in the neighbourhood.

However, New Delhi maintained that the alliance is meant to keep the Indo-Pacific free, prosperous and secure. Chinese increasing economic activities in the South China Sea have also been a major Indian concern.

The G20 Foreign Ministers meeting in March 2023 in New Delhi witnessed exchange of heated words between the US and Russian foreign ministers and also some of the western countries demanded Russia to stop the aggression immediately.

The Russian FM even accused the western powers of misusing G20 platform to push their political agenda unlike earlier meetings which focused mainly on economic and financial issues of global import.

However, as the war in Ukraine has impacted supply chains, energy, supply of essential goods and fertilisers, and strained the global economy, the issue came up for discussion during the G20 Foreign Ministers meets.

India’s challenge in this connection lies in its ability to bring together all the opposing sides to the table and find a lasting solution to the larger geo-political and security issues that triggered the Russian invasion of Ukraine. So far India succeeded in presenting a narrative that is in line with its erstwhile non-alignment policy when it comes to international conflicts.

India has so far distanced from condemning Russia for its war against Ukraine despite pressure from many western countries. Instead, New Delhi reaffirmed its strong affinity with Moscow through mutual exchange of high level visits and holding high profile meetings that also saw promises of deeper defence, economic and investment ties utterly disregarding the fears and feelings of betrayal in western capitals.

Apart from the direct impact and the humanitarian concerns arising out of the ongoing war in Ukraine Indian G20 Presidency has to deal with the uncertainties over food and energy security.

There is a looming uncertainty over the return of COVID pandemic with India itself showing massive increase in the number of infections and deaths. India still have fresh memories of being caught unaware during the second wave of COVID-19 forcing it to appeal for global support as its health facilities failed to accommodate huge numbers of COVID infections and resulted in huge casualties though it was in the forefront of producing and exporting vaccines to other countries.

Apart from the health problems posed by the pandemic, the entire world is gripped with fear and is staring at an imminent economic downturn that is looming large on the horizon.

India is increasingly and aggressively using its G20 Presidency to showcase Indian diversity and opted different cities across the country to host various meetings crossing 100 mark. India is trying to project itself as a powerful player on the global scene and adopted – One Earth. One Family. One Future – as its presidency theme.

India has voiced and earnestly advocated the Voice of Global South and asserted that India will be the voice of voiceless and promised to represent the Global South in the decision making process on important global challenges including climate change, Sustainable Development Goals, pandemic, trade and investment barriers among other things.

During the Ministerial meetings, India was able to conclude substantive outcome documents including one to set up an expert group on Multilateral Development Bank reforms and debt treatment, multilateral reforms, development cooperation, food and energy security, counter-terrorism, new and emerging threats, global skill mapping and disaster risk reduction.

This is crucial given the fact that the G20 members with two-thirds of the world population, contribute about 85 percent of the global GDP and around 75 percent of the global trade, and about two-thirds of the world population.

During its presidency, India hosted Voice of Global South Summit – 2023 which served as a platform to discuss energy security and development and sought ways of achieving affordable, accessible and sustainable energy security for the developing world.

It also took up political, economic, social, environmental, cultural, and technical issues concerning the Global South. Concerns of third world countries over the food, fuel and fertilizer were addressed and New Delhi promised to share its experiences, best practices and cutting edge technology in the field of biofuels, hydrogen and solar to ensure energy security and shared development goals.

To conclude, India is facing several challenges in addressing economic issues, challenges in the health sector especially when COVID-19 is still looming large in the horizon.

India?’s ambitious policy proposals in the energy sector and renewable energy are hard to achieve. Reducing the digital divide in the south and north cannot be bridged easily. Reforming multilateral forums and forcing the global economic institutions including the World Trade Organisation or the World Bank is easier said than said given the stake and leverage of developed world on such institutions.

Sustainable Developmental Goals cannot be achieved without a stable, secure and mutually respecting world order. Trade and investment can be pushed forward through collaborative efforts but still bottlenecks are rampant.

India?’s efforts to push agricultural reforms, foster closer cultural ties and helping start-ups, businesses, women-led development, and anti-corruption crusade will have to be seasoned with the current realities that constrain such moves.

Source: Kuwait News Agency

Kuwait Amir congratulates Eritrean Pres. on Nat’l day

His Highness the Amir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah sent on Wednesday a cable of congratulations to Eritrean President Isaias Afwerki on the occasion of his country’s National Day.

In his cable, His Highness the Amir wished the Eritrean President and his people further success and progress.

Source: Kuwait News Agency

Al-Haddad discusses with officials of the Italian Defense Ministry bilateral agreements in training and joint cooperation.

The Chief of the General Staff of the Libyan Army, Lieutenant General “Muhammad Al-Haddad” and his accompanying delegation visited Italy, and he was received by the Italian Chief of Defense Staff, Admiral “Cavo Dragoni”.

Al-Haddad held a meeting at the headquarters of the Italian Army, “Palazzo Divisa”, in which the two parties discussed some agreements in the area of training and joint cooperation, and some obstacles and the possibility of addressing them.

Al-Haddad, accompanied by the Italian Chief of Defense Staff, visited the Italian Ministry of Defense, during which he held talks with the Italian Minister of Defense, “Guido Crosito,” about all the agreements related to the Libyan and Italian military institutions, the extent of joint cooperation in all military areas (land, sea, air, and military medicine), obstacles, and solutions.

Source: Libyan News Agency

Kuwait court rejects challenge to ’22 parliament invalidation verdict

The Kuwaiti Constitutional Court on Wednesday turned down a challenge lodged against its earlier ruling that had annulled the 2022 National Assembly (parliament) elections.

The court decided in March that the parliament election, which took place in the country’s five constituencies in September 2022, was null and void.

Source: Kuwait News Agency

Kuwait dispatches its 12th aid plane to Sudan

The State of Kuwait on Wednesday sent its 12th Air Force aircraft carrying 10 tons of medical and tent supplies to violence-hit Sudan.

The aid plane is part of the recently announced airlift, directed by Kuwait’s political leadership, aiming at helping the Sudanese people amid their country’s tough circumstances due to ongoing fighting there, Kuwait Red Crescent Society (KRCS) Emergency Chief Yusuf Al-Mearaj told KUNA.

The fresh aid reflects the great humanitarian role of Kuwait, represented by the KRCS, towards Sudanese people, he said, regarding it as a “humanitarian duty towards brothers in Sudan”.

However, the KRCS official vowed that the Kuwaiti people would spare no effort in answering the necessary humanitarian requirements of war-affected people amid the current hard circumstances experienced by Sudan.

The Kuwaiti cabinet had decided to dispatch urgent food and medical aid to Sudan under the direction of the country’s political leadership in a bid to ease out the humanitarian reflections of this Arab country’s crisis triggered by ongoing fighting between the army and paramilitary forces.

Source: Kuwait News Agency