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

Minister of State for Foreign Affairs Meets Vice President of Uruguay

The Minister of State for Foreign Affairs, Cabinet Member, and Climate Affairs Envoy, Adel bin Ahmed Al-Jubeir, met in Montevideo with the Vice President and President of the General Assembly of the Republic of Uruguay, Beatriz Argimon, during his visit to the Republic of Uruguay.

During the meeting, the two sides reviewed the bilateral cooperation between their countries and discussed current regional and international developments.

The Director General of the Office of the Minister of State for Foreign Affairs, Cabinet Member, and Climate Affairs Envoy, Ambassador Khalid bin Musaed Al-Anqari, and the Saudi Acting Chargé d’Affaires to the Republic of Uruguay, Hossam Al-Saqabi, also attended the meeting.

Source: Saudi Press Agency

Minister of State for Foreign Affairs Meets Foreign Minister of Uruguay

The Minister of State for Foreign Affairs, Cabinet Member and Climate Affairs Envoy, Adel bin Ahmed Al-Jubeir, paid a visit to the Republic of Uruguay where he met with the Minister of Foreign Affairs of Uruguay, Francisco Bustillo Bonasso, in Montevideo.

During the meeting, the two sides reviewed the friendly relations and bilateral cooperation between their countries and discussed various ways to enhance and develop joint work in all fields.

Al-Jubeir expressed gratitude to the Uruguayan government for their support for Saudi Arabia’s bid to host Expo 2030.

The Director General of the Office of the Minister of State for Foreign Affairs, Cabinet Member, and Climate Affairs Envoy, Ambassador Khalid bin Musaed Al-Anqari, and the Saudi Acting Chargé d’Affaires to the Republic of Uruguay, Hossam Al-Saqabi, also attended the meeting.

Source: Saudi Press Agency

Center for Research and Intercommunication Knowledge Receives Scientific Delegation from China

The Center for Research and Intercommunication Knowledge (CRIK) received a high-level scientific delegation from the People’s Republic of China at the center’s headquarters in Riyadh.

Professor Jiang Feng, the Chairman of Shanghai International Studies University Council, represented the delegation.

During the visit, a panel discussion was held on “enhancement of scientific and cultural cooperation between the Kingdom and China” with the participation of Feng, Secretary General of the China-Arab Research Center on Reform and Development Wang Guangda, and several Chinese academics.

The panel discussion addressed strengthening scientific and cultural cooperation between Saudi Arabia and China in universities, centers, and institutes.

On the sidelines of the discussion, CRIK and the China-Arab Research Center on Reform and Development signed a memorandum of understanding for academic cooperation.

Source: Saudi Press Agency

Passports Office at Prince Mohammed bin Abdulaziz Airport Receives Pilgrims from Indonesia

The passports office at Prince Mohammed bin Abdulaziz International Airport in Madinah welcomed today pilgrims who arrived on a flight from the Republic of Indonesia, running their entry procedures smoothly.

The General Directorate of Passports has announced its full preparedness to receive pilgrims during the Hajj season 1444 AH (2023) at international airports, land borders, and seaports.

The directorate reaffirmed its commitment to utilize all available resources to facilitate the entry of pilgrims at border crossings.

Source: Saudi Press Agency

JAPAN PROVIDES WASTE COLLECTION TRUCKS TO MUNICIPALITIES TO TACKLE SOLID WASTE MANAGEMENT CHALLENGES IN BAALBECK-HERMEL

Through the Grant Assistance for Grassroots Human Security Projects (GGP), Japan provided three waste collection trucks through the Lebanese Organization for Studies and Training (LOST) to help four municipalities in Baalbek-Hermel tackle solid waste management challenges. This assistance will enable more than 41,000 residents to live in better public health conditions. On May 23 2023, Ambassador MAGOSHI attended a ceremony that celebrated the hand-over of three waste collection vehicles, in the presence of Governor of Baalbek-Hermel, H.E. Mr. Bashir Khodr and General Manager of LOST, Dr. Rami Lakkis. The ceremony opened with the national anthems of Japan and Lebanon, followed by congratulatory remarks from Ambassador MAGOSHI, Mr. Khodr and Dr. Lakkis. In his speech, Ambassador MAGOSHI highlighted Japan’s contribution to sustainable and effective solutions for waste management in Lebanon, and mentioned that people’s efforts and participation are fundamental for the continued success of this project. In return, Mr. Khodr thanked Japan for its generous support to municipalities in Baalbeck-Hermel, and appealed for urgent support towards increased needs in waste management in the region. As for Dr. Lakkis, he expressed sincere gratitude for Japan’s support to vital sectors in Lebanon during critical times, and praised its unwavering commitment to diligently working to improve conditions of vulnerable populations, hoping for the continuation of the partnership with Japan.

Source: National News Agency – Lebanon