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

“Grace” Exhibition reflects cultural identity, diversity

In the fourt edition of his “Grace” exhibition, the artist Abdullah Al-Zeid showed 35 paintings that dealt with issues of men and women as well as different civilizations, produced in modern and experimental methods.

The exhibition, held at Den Gallery in Crystal Tower, was crowded with visitors who interacted with the portrait paintings with their diversity of expressions and diverse cultures in a panoramic artistic experience.

Source: Kuwait News Agency

Zionist enemy arrests wounded Palestinian, his father from Jenin, & two brothers from Jaba’

The Zionist enemy forces arrested at dawn today, Wednesday, a Palestinian citizen and his wounded son from Jenin, amidst clashes, while the town of Jaba’ in south was stormed and two brothers were arrested.

The Palestinian News Agency, Wafa, stated that the enemy forces arrested the wounded man and his father, after storming Jenin city and raiding their house in eastern neighborhood, where they caused damage to the house and caused a fire to break out inside the house of the wounded man, with sound bombs, as the civil defense crews worked to put out the fire, in conjunction with the outbreak of confrontations with citizens.

In the context, these forces stormed the town of Jaba’, south of Jenin, after the infiltration of special “undercover” units and arrested two brothers, which led to the outbreak of confrontations between the youths and the enemy forces, without any injuries being reported.

Source: Yemen News Agency

Inspect agricultural & service projects progress in Hodeida

The leadership of the Agricultural and Fisheries Projects and Initiatives Finance Unit in Al-Hodeida province carried out on Wednesday a field visit to see the progress of the implementation of sterilizing work of floodwaters in Wadi Moore to benefit from them in irrigating agricultural fields in Tihami coast.

The director of the unit, Yahya Al-Wadi’i, and a number of specialists, inspected three sites in Al-Sammad 3, Baashush and Beyout Shaouf in Al-Zahra district, which work is underway to sterilize and divert its path to protect agricultural lands and residential areas from the dangers of torrential flow.

He explained that these works, which are funded by the Agricultural Projects and Initiatives Financing Unit and implemented by the General Authority for the Development of Tihama, come within the framework of the directions aimed at protecting agricultural lands from erosion and conducting the necessary treatments to benefit from them in irrigating crops.

Al-Wadi’i was also briefed on the progress of work on the project to restore and rehabilitate the central slaughterhouse in Hodeida city, at an estimated cost of 36 million and 872 thousand riyals, with the support of the Initiatives Finance Unit.

He listened to an explanation from those in charge of the project about the level of work progress in rehabilitating and restoring the central hall, the leather section, the main tank, and the establishment of a laboratory, in addition to restoring the building’s wall.

Source: Yemen News Agency

Kuwait PM receives Pres. of Google Cloud Go Market

His Highness the Prime Minister Sheikh Ahmad Nawaf Al-Ahmad Al-Sabah received at Bayan Palace on Wednesday President of Google Cloud Go to Market, Adaire Fox-Martin, and her accompanying delegation during her official visit to the country.

The meeting was attended by Kuwait First Deputy Prime Minister, Interior Minister and Acting Defense Minister Sheikh Talal Khaled Al-Ahmad Al-Sabah, besides Deputy Prime Minister and Minister of State for Cabinet Affairs Dr. Khaled Al-Fadhel.

Furthermore, the meeting was attended by Minister of State for Municipal Affairs and Minister of State for Communications Affairs Fahad Ali Al-Shula, Minister of Finance and Minister of State for Economic and Investment Affairs, Minister of Oil and Minister of State for National Assembly Affairs Manaf Abdulaziz Al-Hajeri, and Director-General of the Kuwait Direct Investment Promotion Authority (KDIPA) Dr. Meshaal Jaber Al-Ahmad Al-Sabah.

Source: Kuwait News Agency