Security software and cloud platforms clock fast growth in Asia-Pacific as hybrid work becomes mainstream

SINGAPORE – Media OutReach – 16 February 2023 – Okta, Inc. (NASDAQ: OKTA), one of the leading independent Identity providers, today announced the findings of its ninth annual Businesses at Work report, which reveals that business users have been turning to a wide range of apps as post-pandemic travel and workstyles evolved in the past year. In APAC specifically, the apps clocking the fastest growth by unique users are security apps, electronic signature apps and cloud platforms.

The yearly report offers a holistic look into how organizations and people work today, showcasing the applications and services that modern workforces use to be productive.

“As economies opened up in the past year, businesses and their users turned to a wide range of apps to get work done, from travel apps to book business trips to security tools to shore up cyber defenses,” said Ben Goodman, Okta’s Senior Vice President and General Manager for Asia Pacific. “This is a reflection of the new work environments that have emerged, along with the needs of a hybrid work arrangement that is here to stay.”

Most popular app categories

All statistics mentioned henceforth are taken from Okta’s Businesses at Work 2023 report.

• Travel apps were among the hottest categories globally in 2022, as business trips resumed with the lifting of pandemic restrictions in many destinations. According to the report, these apps enjoyed a 43% year-on-year (YoY) growth by number of customers and 197% growth by unique users across all industries.
• At the same time, business supplies — a category that was not in the top 10 in last year’s report — showed tremendous YoY growth worldwide, with a 35% increase in customers and a 77% increase in unique users.
• Design software continues to rise as it became the third fastest-growing category worldwide this year with 31% YoY growth by number of customers, after chart-topping 39% YoY growth last year globally. In Asia-Pacific, design software is big as well, with Australia seeing a 27% bounce in YoY customer growth.
• Asia-Pacific is driving significant growth in security as well. In the region, the use of security tools increased 85% YoY by unique users, while the use of electronic signature tools and developer tools by unique users increased 61% and 55% YoY, respectively. Cloud platforms grew among unique users by 50% YoY, while use of analytics tools increased among unique users by 47% YoY.

The hottest apps:

• In APAC, Microsoft 365 is the most popular app by number of users. Amazon Web Services ranks second, and Google Workspace comes in third.
• The APAC region is heavily focused on security and developer tools this year. Jamf Pro, Netskope, LastPass, and ZScaler battled for supremacy in the security category: Jamf Pro posted 57% YoY customer growth and 118% YoY growth in unique users.
• Globally this year, the fastest growing apps feature a diverse cast, providing expertise in security, communication, corporate travel, HR, cloud-app development, and collaboration.
• Top among the fastest growing apps globally is Kandji, an Apple mobile device management tool, which posted 172% YoY growth by number of customers. Kandji, an Okta Ventures portfolio company, enables IT administrators to automate repetitive tasks and introduce new features to the device management space.

Growth in multi-cloud usage

Transformation efforts that accelerated during the pandemic have helped businesses get the boost they need for more efficient hybrid workforce support, more reliable security, and more seamless global collaboration.

In this regard, the growth in multi-cloud adoption that has been clear since 2017 shows no sign of slowing down, and the favorite pairing of Amazon Web Services (AWS) and Google Cloud Platform (GCP) continues to grow.

• While AWS remains dominant as both a single-cloud platform and as part of many organizations’ multi-cloud strategies, there is also exciting growth from other providers on the horizon.
• Google Cloud Platform is growing at an impressive clip, with a 40% YoY increase in number of customers and 60% increase in unique users.
• Microsoft Azure grew its worldwide customer base by 10% YoY and its unique users by 16% YoY.

Apps for our lives

The line between work and personal life is blurrier than ever, so are apps that offer combined corporate and personal usage.

• Digital payment gateway Paypal and newcomers Venmo and Stripe are finding strong footing in top finance and banking apps.
• For health and wellness, FitBit is tops by number of customers globally. Interestingly, the two fastest growing apps in this category by number of customers — LiveWell (up 32% YoY by number of customers) and Modern Health (up 30% YoY by number of customers) — focus on mental health.
• In the world of social media, LinkedIn holds the top spot, while TeamSnap is the fastest growing by number of customers.

Security at work

Remote and hybrid workforces are here to stay, so protecting network access from the home office and places such as a coffee shop is a top priority for many companies. Businesses are stepping up higher-assurance factors in their MFA deployments as they move away from perimeter defenses that are no longer adequate for dynamic, cloud-driven environments.

• Okta’s study has found that low-assurance security questions globally are experiencing the slowest growth across the board (3% YoY by number of customers), while high-assurance security keys/biometrics (including WebAuthentication) are growing more quickly — 46% YoY growth by number of customers, and a chart-topping 211% by unique users.
• Okta customers are approaching Zero Trust strategically, with solutions that target user, device, and network perspectives.
  • In the network context, we’re seeing a 147% increase in the use of risk-based policies over the past two years.
  • From a user context, we’re seeing 60% growth in the number of customers implementing WebAuthn, a new global standard for password-free web authentication.
  • And on the device front, we’re seeing a 21% increase in the number of customers deploying device-trust configurations.

“The Businesses at Work report delivers unique insights into the ways businesses have used apps to adapt to the new workstyle dynamics in the post-pandemic era,” said Goodman. “In this new normal, it will be crucial to ensure these apps are resilient, so they can be accessed reliably and securely to drive business goals over the long term.”

The Businesses at Work 2023 report is based on anonymized data from Okta’s more than 17,000 global customers and the Okta Integration Network, which includes over 7,000 integrations with cloud, mobile, web apps, and IT infrastructure providers. It tells a complex story of the growing and changing world of app usage. The study included key Asia Pacific markets like Singapore, Hong Kong, Japan, China, India, ANZ, South Korea, Philippines, Malaysia and several other countries in Southeast Asia and IndoChina.

To learn more about the current state of identity in APAC and dive deeper into findings from the Businesses at Work 2023 report visit here.

Hashtag: #Okta

The issuer is solely responsible for the content of this announcement.

About Okta

Okta is the World’s Identity Company. As the leading independent Identity partner, we free everyone to safely use any technology—anywhere, on any device or app. The most trusted brands trust Okta to enable secure access, authentication, and automation. With flexibility and neutrality at the core of our Okta Workforce Identity and Customer Identity Clouds, business leaders and developers can focus on innovation and accelerate digital transformation, thanks to customizable solutions and more than 7,000 pre-built integrations. We’re building a world where Identity belongs to you. Learn more at okta.com.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

TOKYO, JAPAN – Media OutReach – 16 February 2023 – Back to Blue, an initiative of Economist Impact and The Nippon Foundation, emphasises that time is swiftly running out to avoid the worst impacts of ocean acidification.

At an event entitled “Ocean Acidification: A Crisis in the making“, hosted by Back to Blue in Tokyo, Japan, on February 2rd, chairman of The Nippon Foundation Yohei Sasakawa, and chairman of The Economist Group Lord Deighton made opening remarks, inviting urgent action to tackle ocean acidification.

Peter Thomson, UN Special Envoy for Oceans, said, “In light of the biodiversity framework adopted at the end of last year, ocean acidification is an urgent issue. Today’s event is very significant. This year, the G7 meeting will be held in Japan, a maritime nation. I hope that Japan will show leadership in this regard.” Panellists included Steve Widdicombe, Scientific Director of Plymouth Marine Laboratory, a world authority on marine ecology, and Japanese fisheries researchers.

Back to Blue released its Ocean Acidification programme in December 2022. The publication focuses on the need to address ocean acidification and is based on insights and research provided by some of the world’s leading ocean scientists. The publication highlights how time is rapidly running out to avoid the worst effects of ocean acidification and the worst impacts of ocean acidification on marine life, livelihoods, and economies.

Ocean acidification occurs when seawater absorbs CO2 generated by human activities such as burning fossil fuels. More than a quarter of the CO2 emitted by humans into the atmosphere has been absorbed by the oceans each year, but CO2 emissions are now increasing so rapidly that the oceans are no longer able to absorb it. As a result, the chemistry of the ocean is changing, acidity is increasing, and the ability of many marine organisms to protect themselves, grow, and reproduce is weakening.

The publication highlights that if we continue on our current high-emissions trajectory, many marine organisms, including molluscs, pteropods (“sea butterflies”) and warm-water corals, will be at very high risk from acidification as early as 2050. The adverse impacts from the decline of such organisms on ocean biodiversity and marine food chains are likely to be severe.

Steve Widdicombe, scientific director of Plymouth Marine Laboratory and coordinator of the Ocean Acidification Research for Sustainability (OARS) program, said, “Ocean acidification, warming, and deoxygenation are interacting to create the perfect storm of environmental problems.”

The publication also brings to light some of the potential economic impacts of ocean acidification, which are yet to be widely studied. If unaddressed, ocean acidification will put coastal economies and the aquaculture, tourism and other jobs that rely on them at grave risk. Past projections of economic losses from depleted shellfish production alone range from $75m in the United States to over $1bn in Europe. In many parts of the Global South, where fisheries and aquaculture contribute tens of billions to local economies and employ millions, the impacts of acidification on livelihoods will be felt extremely keenly.

Charles Goddard, editorial director at Economist Impact says, “We have enough knowledge to develop effective means to mitigate and adapt to the effects of acidification. Development of ocean resilience is a challenge that cannot wait. It will be costly, but we believe it must be weighed against the benefits of avoiding future damage.”

Yohei Sasakawa, chairman of The Nippon Foundation says, “The continuing impact of ocean acidification on seagrass beds, coral reefs, and marine life means that we are treating the ocean, which provides more than half of the oxygen we breathe and is one of our most valuable defenses in the fight against climate change, in an economically and ecologically devastating manner. It is time to make ocean acidification a top priority so that we can more proactively develop a scientific understanding of its impacts and promote necessary response and adaptation measures globally before it is too late.”

You can find the publication on backtoblueinitiative.com

The global premiere of a short documentary on ocean acidification “The threat bubbling up“, created by Economist Films, was also held at the event.

The issuer is solely responsible for the content of this announcement.

About Back to Blue

“ Back to Blue” is an initiative of Economist Impact and The Nippon Foundation. The initiative’s goal is to focus efforts on evidence-based approaches and solutions to man-made issues that pose major threats to ocean health.

While governments and policymakers have begun efforts towards restoring biodiversity and regenerating ocean health, there remains an ostensible knowledge gap on plastic and chemical pollution.

Recognising the need to stimulate fresh dialogue and solutions to pressing ocean issues, this multi-year initiative brings together both organisations’ unique capabilities in ocean research and programme-building to build a powerful platform which will accelerate momentum in improving ocean health. In 2021, the Plastic Management Index published under Back to Blue addressed the issue of marine plastic pollution. In 2022 the focus is on the less visible pollution from chemical contaminants that are damaging ocean life and ecosystems and in the long term, human health.”

About Economist Impact

Economist Impact combines the rigour of a think-tank with the creativity of a media brand to engage a globally influential audience. We believe that evidence-based insights can open debate, broaden perspectives and catalyse progress. The services offered by Economist Impact previously existed within The Economist Group as separate entities, including EIU Thought Leadership, EIU Public Policy, EIU Health Policy, Economist Events, EBrandConnect and SignalNoise.

We are building on a 75-year track record of analysis across 205 countries. Along with framework design, benchmarking, economic and social impact analysis, forecasting and scenario modelling, we provide creative storytelling, events expertise, design-thinking solutions and market-leading media products, making Economist Impact uniquely positioned to deliver measurable outcomes to our clients.

About The Nippon Foundation

Established in 1962, The Nippon Foundation is Japan’s largest philanthropic foundation, providing support to public-service activities in a variety of fields across national borders. In ocean affairs, the Foundation aims to cultivate human resources who will chart a course for the ocean’s future and to pass on the ocean’s riches to future generations. Other primary areas of activity include support for children, persons with disabilities, disaster relief, and international cooperation, with the ultimate goal of achieving a society where all people support one another.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

A Japanese mobile operator, SoftBank, has partnered with global gaming blockchain, Oasys, to explore the broad integration of Web3 technologies into society

SINGAPORE / TOKYO, JAPAN – Media OutReach – 16 February 2023 – Oasys Pte. Ltd. (“Oasys”) today announced that SoftBank Corp. (“SoftBank”), a Japan-based telecommunications operator, has joined as an official validator of Oasys, a gaming-optimised blockchain designed for gamers and developers alike, with a focus on the future of blockchain gaming.

SoftBank’s recognition of Oasys’ superior mechanism that serves both users and IP (intellectual property) holders, along with its advanced technological capabilities, has led to their decision to participate in the Oasys blockchain. This partnership extends beyond Softbank’s role as validators, as the two companies explore potential collaboration, including the development of blockchain-based services, in the future.

Bandai Namco Research, SEGA, Square Enix, Netmarble, and 17 other companies are among the 21 initial validators for Oasys. Starting with SoftBank, Oasys will invite other companies with a high level of trust and performance on a global scale to participate as validators, further stabilising and strengthening the Oasys network.

In the next batch of validators, four more companies will be joining the network, bringing the total to 25. In the medium-term, Oasys plans to further decentralise the network by enabling public participation through a council and removing the limit on the number of validator slots as long as the necessary requirements are being met.

Keiichi Makizono, Senior Vice President & CIO of SoftBank, said “We are very excited about the Oasys blockchain’s flexible, user-centric architecture, which meets the needs of both users and IP content owners, and look forward to working with Oasys to promote Web3’s social implementation and resolve social issues.”

Daiki Moriyama, Director of Oasys, said “We are honoured that SoftBank shares our vision for Oasys and has chosen us as a business partner for Web3. With SoftBank coming onboard as a validator, Oasys will not only expand the stability and ecosystem of the Oasys chain, but also aim to strengthen business collaboration with Oasys. We look forward to working with SoftBank to develop the blockchain gaming industry by fostering relationships and synergies with its group companies and partners.”

In just over a year since its formation, Oasys has fully launched its mainnet blockchain protocol, with over a dozen playable games available on its blockchain. On 31 January 2023, the company announced plans to list on the leading Japanese crypto exchange, bitbank.

Hashtag: #Oasys #Blockchain #Gaming

The issuer is solely responsible for the content of this announcement.

About Oasys

Oasys was established in February 2022 to increase mainstream play-and-earn adoption, and at launch, committed to partnering with 21 gaming and Web3 tech companies to act as validators, such as Bandai Namco, SEGA, Ubisoft and Yield Guild Games. Led by a team of blockchain experts and joining forces with the biggest gaming company names to serve as the initial validators, Oasys is revolutionising the gaming industry with its Proof-of-Stake (PoS) based eco-friendly blockchain.

With a focus on creating an ecosystem for gamers and developers to distribute and develop blockchain-based games, Oasys solves the problems game developers face when building games on the blockchain. The trifecta approach of the fastest network powered by the gaming community, a scalable network powered by AAA game developers and the blockchain offering the best user experience with fast transactions and zero gas fees for users, readies participants to enter the Oasys and play.

More information on Oasys is available at:
Website: https://www.oasys.games/
Twitter: https://twitter.com/oasys_games
Discord: http://discord.gg/oasysgames

About SoftBank

Guided by the SoftBank Group’s corporate philosophy, “Information Revolution – Happiness for everyone,” SoftBank Corp. (TOKYO: 9434) provides telecommunications services and combines them with advanced technologies to develop and operate new businesses in Japan and globally. In the fiscal year ended March 2022, SoftBank Corp. registered 5.7 trillion yen of revenue, 985.7 billion yen of operating income, and, at the end of December 2022, had 319 group companies (245 subsidiaries and 74 affiliates), both in Japan and abroad. SoftBank Corp. has 39 million mobile subscribers and 8 million broadband subscribers in Japan, and through its group companies Yahoo Japan Corporation, PayPay Corporation and LINE Corporation, 86 million online media users, 54 million smartphone payment users and 92 million communication app users, respectively (as of February 3, 2023). With this strong business foundation and compelling number of customer touchpoints, SoftBank Corp. is expanding into non-telecom fields in line with its “Beyond Carrier” growth strategy while further growing its telecom business. Also, by fully harnessing the power of 5G, AI, IoT, Digital Twin, Non-Terrestrial Network (NTN) solutions, including High Altitude Platform Station (HAPS)-based stratospheric telecommunications, and other key technologies, SoftBank Corp. aims to realize the “Implementation of Digitalization into Society.” In recognition of its ESG initiatives, SoftBank Corp. was selected for inclusion in the Dow Jones Sustainability Indices, FTSE4Good, 2022 Constituent MSCI Japan ESG Select Leaders Index and other leading global ESG investments indices.

To learn more, please visit https://www.softbank.jp/en/

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

SEOUL, KOREA – Media OutReach – 16 February 2023 – IGIS Asia Investment Management (“IGIS”), the pan-Asian investment arm of IGIS Asset Management, South Korea’s largest real estate investment manager, announced this month a partnership with CHA Bio Group (“CHA”), one of the largest and oldest biopharma groups in South Korea with a vast global presence, to form a new Asia-Pacific life science real estate investment platform.

The venture targets to provide best-in-class life science real estate for R&D, manufacturing, and other supporting services for a spectrum of companies ranging from biotechnology incubators to multinational pharmaceutical groups in the Asia-Pacific region, including metropolitan cities in South Korea. The partnership will rely on IGIS’s past track record of real estate transactions and CHA’s expertise in the life sciences industry to gain first-mover advantage in providing life science real estate solutions in South Korea and overseas.

IGIS and CHA share the view of the venture’s role as a catalyst for the robust growth of life science sector in the Asia-Pacific region. To respond to rapidly changing demand and multifaceted market challenges, the venture will develop and invest in high-quality life science assets, including R&D and manufacturing facilities, hospitals, medical offices, and other healthcare centers in Asia-Pacific. In addition, IGIS aims to establish Korea Life Science Investment Platform (“KLSIP”), the first Korea-focused investment vehicle on life science real estate, to invigorate the venture with capital to develop facilities that meet the demands of the growing life science industry in South Korea.
Hashtag: #IGIS #CHA #lifesciences #realestate #privateequity #korea #asiapacific

The issuer is solely responsible for the content of this announcement.

About IGIS Asset Management

Founded in 2011, IGIS Asset Management (“IGIS”) is a privately owned vertically integrated real estate investment management firm and South Korea’s largest real estate asset manager with assets under management totaling approximately US$45.5 billion as of Dec 2022. The company has over 360 professionals with a presence in 5 countries and profound expertise to invest across different strategies from core to opportunistic in multiple sectors across various markets.

About IGIS Asia Investment Management

IGIS Asia Investment Management (“IGIS AIM”) is an overseas subsidiary of IGIS established in 2020 in Singapore. IGIS AIM focuses on expanding its presence within Asia-Pacific through joint venture partnerships with operators, asset managers, and local partners. In addition, the firm will invest thematically in high-quality assets across the Asia-Pacific markets to benefit from the growth potential driven by global economic and demographic trends.

About CHA Bio Group

CHA Bio Group is a Korea’s leading bio-pharma group comprised of more than 50 domestic and foreign affiliated companies. The group operates a unique eco system based on the collaboration of biotech & pharmaceutical companies, university, research institute and hospital network.

CHA Biotech, a company among the three KOSDAQ-listed entities within the group is an industry leader in cell therapy development. CHA Biotech recently established Matica Biotechnology in Texas USA to enter the fast-growing global cell and gene CDMO business.

CHA Healthcare is a unique global healthcare network provider that oversees hospital investment & development outside Korea. CHA Healthcare has established a global healthcare platform of medical network consisting of 86 medical centers and IVF clinics in 7 countries, including the USA, Australia, Singapore, Japan and etc.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

Saguenay, Canada – Newsfile Corp. – February 15, 2023 – First Phosphate Corp. (“First Phosphate” or the “Company”) is pleased to announce that it has received conditional approval to list its common shares (the “Shares”) on the Canadian Securities Exchange (the “CSE”) under the trading symbol “PHOS”.

Final approval of the listing is subject to the Company meeting certain customary conditions of the CSE. Upon final approval, the Company intends to issue a news release confirming the date upon which its Shares will commence trading on the CSE.

“We believe First Phosphate is set to become the only pure-play publicly-traded company worldwide to be entirely dedicated to producing clean, high-grade and ethically-sourced phosphate material for the Lithium Iron Phosphate (LFP) battery industry,” said First Phosphate President Peter Kent. “Our conditional approval is another important milestone for the corporate development of First Phosphate as we continue to witness the global shift to LFP energy storage.”

Further to its press release dated January 18, 2023, and due to overwhelming demand, the Company announces that it has closed an additional tranche of 3,023,142 HD Units (as defined in the Company’s news release dated November 28, 2022) for gross proceeds of $1,058,100.

The Company had further raised the ceiling of its private placement from $3.4 million (announced on January 18, 2023) to $4.5 million in order to accommodate increased investor interest.

The proceeds are expected to be used for general working capital purposes and for exploration activities. All securities issued in connection with this closing are subject to a statutory four month and one day hold period. Furthermore, the Shares issued pursuant to this closing are subject to a contractual lock-up with a release schedule over 12 months following the Shares being listed for trading on a stock exchange.

In total, the Company issued 8,931,004 HD Units at a price of $0.35 per HD Unit for gross proceeds of $3,125,851 and 3,322,000 FT Units (as defined in the in the Company’s news release dated November 28, 2022) at a price of $0.40 per FT Unit for gross proceeds of $1,328,800 and collectively with the HD Units aggregate gross proceeds of $4,454,651. The total commission was $105,839.04 and 282,097 Compensation Warrants (as defined in the in the Company’s news release dated December 27, 2022).

First Phosphate holds 1,500 sq. km of total land claims in the Saguenay Region of Quebec, Canada that it is actively developing to produce battery grade phosphate. The Company’s flagship property is located approximately 125 km north of Saguenay, the province’s sixth largest city, providing easy access to a deep sea port, daily flights to Montreal, a skilled industrial workforce, and provincial infrastructure. First Phosphate is fully focused on integrating its phosphate material directly into the supply chain of major battery and electric vehicle producers in North America.

For additional information, please contact:

Bennett Kurtz
Chief Financial Officer
[email protected]
Tel: +1 (416) 200-0657

Investor Relations: [email protected]
Media Relations: [email protected]
Website: www.FirstPhosphate.com

Follow First Phosphate:
Twitter: https://twitter.com/FirstPhosphate
LinkedIn: https://www.linkedin.com/company/first-phosphate/

About First Phosphate Corp.

First Phosphate is a mineral development company fully dedicated to extracting and purifying phosphate for the production of cathode active material for the Lithium Iron Phosphate (“LFP”) battery industry. First Phosphate is committed to producing at high purity level, at full ESG standard and with low anticipated carbon footprint. First Phosphate plans to vertically integrate from mine source directly into the supply chains of major North American LFP battery producers that require battery grade LFP cathode active material emanating from a consistent and secure supply source. First Phosphate holds over 1,500 sq. km of total land claims in the Saguenay-Lac-St-Jean Region of Quebec, Canada that it is actively developing. First Phosphate properties consist of rare anorthosite igneous phosphate rock that generally yields high purity phosphate material devoid of high concentrations of harmful elements.

Forward-Looking Information and Cautionary Statements

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as “may”, “should”, “anticipate”, “expect”, “potential”, “believe”, “intend” or the negative of these terms and similar expressions. Forward-looking statements in this news release include statements relating to: the Company’s commitment to producing high purity phosphate materials at full ESG standard under a low carbon footprint; the Company’s plans to integrate directly into the functions of certain major North American LFP Battery producers; the Company’s proposed development of its land claims in the Saguenay Region; the listing of the Shares on the CSE; the Company’s plans to become the only pure-play publicly-traded company worldwide to be entirely dedicated to producing clean, high-grade and ethically-sourced phosphate material for the Lithium Iron Phosphate (LFP) battery industry; and the anticipated use of proceeds and any required approvals thereof.

Forward-looking information in this press release are based on certain assumptions and expected future events, namely: the Company’s ability to producing high purity phosphate materials at full ESG standard under a low carbon footprint; the Company’s ability to integrate directly into the functions of certain major North American LFP Battery producers; the Company’s ability to develop its land claims in the Saguenay Region; the Company’s ability to complete the listing of its Shares on the CSE; the Company’s ability to become the only pure-play publicly-traded company worldwide to be entirely dedicated to producing clean, high-grade and ethically-sourced phosphate material for the Lithium Iron Phosphate (LFP) battery industry; and the Company’s ability to utilize the use of proceeds on the terms and within the timelines anticipated or at all.

These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the Company’s inability to produce high purity phosphate materials at full ESG standard under a low carbon footprint; the Company’s inability to integrate directly into the functions of certain major North American LFP Battery producers; the Company’s inability to develop its land claims in the Saguenay Region; the Company’s inability to complete the listing of its Shares on the CSE; the Company’s inability to become the only pure-play publicly-traded company worldwide to be entirely dedicated to producing clean, high-grade and ethically-sourced phosphate material for the Lithium Iron Phosphate (LFP) battery industry; and the Company’s inability to utilize the use of proceeds on the terms and within the timelines anticipated or at all.

Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

The issuer is solely responsible for the content of this announcement.

About First Phosphate Corp.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

SHENZHEN, CHINA – Media OutReach – 15 February 2023 – Global smart technology company OPPO, Official Global Partner of the UEFA Champions League, today unveiled its latest flagship foldable smartphone – Find N2 Flip, Official Smartphone of the UEFA Champions League.

“We are glad to launch our new Find N2 Flip to the global markets” said William Liu, President of Global Marketing at OPPO. “With its large smart cover screen, industry-leading Flexion Hinge, long-lasting battery life, and outstanding camera performance, OPPO Find N2 Flip, Official Smartphone of the UEFA Champions League, is the perfect device for fans to both capture and experience true-to-life content from their favorite football games.”

As part of the partnership, the Find N2 Flip will be used by official UEFA Champions League photographers to capture the action of the game at close range along the sidelines，framing the inspiring and exciting moments. The best photos will then be shared in an OPPO Gallery on the UEFA Champions League website and the OPPO UEFA Champions League landing page.

Equipped with the industry’s most advanced Flexion Hinge, Find N2 Flip supports multi-angle FlexForm mode, allowing the screen to be set at any angle between 45-110 degrees. This completely new form factor opens new creative possibilities when it comes to photography and video, as well as providing added convenience for viewing content.

In addition, the Find N2 Flip will also be displayed at OPPO’s booth at the UEFA Champions League Final in Istanbul, Turkey to showcase itself as the champion flip phone to more fans. The foldable phone features the largest and only vertically oriented cover screen of any flip phone on the market. The cover screen’s 17:9 vertical aspect ratio is almost identical in form to the phone’s main screen, making it completely intuitive to use. Without flipping the phone open, the cover screen can be used to respond to messages, browse apps, or answer calls. OPPO Find N2 Flip also offers the largest battery capacity and fastest charging of any vertically foldable device on the market, making it the go-to option for both newcomers and existing flip phone users.

To celebrate the launch of Find N2 Flip, OPPO will also offer some surprise for users. Customers who buy the phone will have the chance to get an exclusive OPPO and UEFA Champions League gift and enter a raffle to win tickets to the 2022-23 UEFA Champions League Final.

As the first Chinese brand to partner with the UEFA Champions League, OPPO will work closely with UEFA to bring more passion and inspiration to sports through its world-leading devices and technologies while helping fans witness, capture, and share the magic of the 2022-23 and 2023-24 seasons.

To learn more about OPPO Find N2 Flip, click here.

Detailed information about the sales gift, please refer to local OPPO Store.

Hashtag: #OPPO

The issuer is solely responsible for the content of this announcement.

About OPPO

OPPO is a leading global smart device brand. Since the launch of its first mobile phone – “Smiley Face” – in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services such as OPPO Cloud and OPPO+. OPPO has footprints in more than 60 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.