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VERSABANK ANNOUNCES APPOINTMENT OF LONG STANDING CANADIAN FEDERAL OFFICIAL GLENN CAMPBELL AS ADVISOR TO BOARD

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LONDON, ON, June 17, 2024 /PRNewswire/ – VersaBank (TSX: VBNK) (NASDAQ: VBNK), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced it has appointed Glenn Campbell as Advisor to its Board of Directors. Mr. Campbell will be available to advise VersaBank’s Board on a number of matters to ensure the Bank is well positioned for its proposed entry into the United States.

“Mr. Campbell has a significant depth and breadth of experience, including on cross-border matters, from which the Board of Directors will benefit as VersaBank builds on its foundation as Canada’s most entrepreneurial bank through its plan to broadly enter the U.S. market,” said The Hon. Thomas A. Hockin, Chair of the Board of Directors of VersaBank. “I look forward to Mr. Campbell’s additional perspective and counsel at this important and exciting time in VersaBank’s history.”

Mr. Campbell has more than 30 years of experience with the Canadian federal government in a variety of roles that are relevant to the continuing evolution of VersaBank, particularly in financial sector policy and corporate governance. Most recently, Mr. Campbell served more than seven years with Infrastructure Canada in a variety of roles, including Senior Assistant Deputy Minister responsible for private investment and portfolio Crown corporations and was Executive Director of the office to stand up the Canada Infrastructure Bank. Prior thereto, Mr. Campbell served for over 15 years with Finance Canada in a variety of increasingly senior roles, including in financial sector policy such as Director General, Financial Institutions, responsible for banking and insurance legislation and trade in financial services as well as country dialogues, including with the United States. He was also Director General, International Policy and Analysis, Trade and Finance, supporting G20 policy coordination and Canada’s governance roles in international financial institutions, such as IMF and OECD. During his tenure with Finance Canada, Mr. Campbell spent four years as the Finance Canada Representative and Consul in New York City.

About VersaBank

VersaBank is a Canadian Schedule I chartered (federally licensed) bank with a difference. VersaBank became the world’s first fully digital financial institution when it adopted its highly efficient business-to-business model in 1993 using its proprietary state-of-the-art financial technology to profitably address underserved segments of the Canadian banking market in the pursuit of superior net interest margins while mitigating risk. VersaBank obtains all of its deposits and provides the majority of its loans and leases electronically, with innovative deposit and lending solutions for financial intermediaries that allow them to excel in their core businesses. In addition, leveraging its internally developed IT security software and capabilities, VersaBank established wholly owned, Washington, DC-based subsidiary, DRT Cyber Inc. to pursue significant large-market opportunities in cyber security and develop innovative solutions to address the rapidly growing volume of cyber threats challenging financial institutions, multi-national corporations and government entities on a daily basis.

VersaBank’s Common Shares trade on the Toronto Stock Exchange (“TSX”) and Nasdaq under the symbol VBNK. Its Series 1 Preferred Shares trade on the TSX under the symbol VBNK.PR.A.

Forward-Looking Statements 

VersaBank’s public communications often include written or oral forward-looking statements. Statements of this type are included in this document, and may be included in other filings and with Canadian securities regulators or the U.S. Securities and Exchange Commission, or in other communications. All such statements are made pursuant to the “safe harbor” provisions of, and are intended to be forward-looking statements under, the United States Private Securities Litigation Reform Act of 1995 and any applicable Canadian securities legislation. The statements in this press release that relate to the future are forward-looking statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, many of which are out of our control. Risks exist that predictions, forecasts, projections, and other forward-looking statements will not be achieved. Readers are cautioned not to place undue reliance on these forward-looking statements as several important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors include, but are not limited to, the strength of the Canadian and U.S. economy in general and the strength of the local economies within Canada and U.S. in which we conduct operations; the effects of changes in monetary and fiscal policy, including changes in interest rate policies of the Bank of Canada and the U.S. Federal Reserve; changing global commodity prices; the effects of competition in the markets in which we operate; inflation; capital market fluctuations; the timely development and introduction of new products in receptive markets; the impact of changes in the laws and regulations pertaining to financial services; changes in tax laws; technological changes; unexpected judicial or regulatory proceedings; unexpected changes in consumer spending and savings habits; the impact of wars or conflicts including the crisis in Ukraine and the impact of the crisis on global supply chains; the impact of new variants of COVID-19 and the Bank’s anticipation of and success in managing the risks implicated by the foregoing. For a detailed discussion of certain key factors that may affect our future results, please see our annual MD&A for the year ended October 31, 2022.

The foregoing list of important factors is not exhaustive. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The forward-looking information contained in this document and the related management’s discussion and analysis is presented to assist our shareholders and others in understanding our financial position and may not be appropriate for any other purposes. Except as required by securities law, we do not undertake to update any forward-looking statement that is contained in this document and the related management’s discussion and analysis or made from time to time by the Bank or on its behalf.

Visit our website at: www.versabank.com

Follow VersaBank on Facebook, Instagram, LinkedIn and Twitter

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SOURCE VersaBank

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Spring Into Savings: VARON Offers Discounts on Oxygen Solutions for Allergy Season

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NEW YORK, April 16, 2025 /PRNewswire/ — As spring blooms across the country, so does allergy season — a time when pollen, dust, and airborne irritants can aggravate respiratory conditions and make breathing more difficult. VARON, a leading provider of respiratory care solutions, is helping consumers combat these seasonal challenges with advanced oxygen concentrators and exclusive spring savings.

To support customers during peak allergy season, VARON has launched its Spring Sale, offering sitewide discounts of up to 30% on select oxygen concentrators and accessories. The promotion is aimed at helping more people access reliable respiratory support while enjoying significant savings.

How Spring Allergies Affect Breathing

Each year, millions of Americans experience allergic rhinitis, commonly known as hay fever. For individuals living with asthma, chronic obstructive pulmonary disease (COPD), or other respiratory conditions, exposure to spring allergens can worsen symptoms such as wheezing, congestion, and shortness of breath.

Oxygen therapy has become a trusted solution for improving respiratory health, ensuring users receive adequate oxygen while reducing exposure to airborne allergens.

VARON Oxygen Concentrators: Breathing Easier This Spring

VARON’s oxygen concentrators are engineered with advanced filtration systems to deliver purified oxygen while minimizing irritants. Key features include:

Enhanced Air Filtration: Removes pollen, dust, and other allergens from the air.Built-in Humidification: Adds moisture to oxygen to prevent dryness and irritation.Continuous and Pulse Flow Options: Customized oxygen delivery for every need.Portable, Lightweight Design: Ideal for users staying active indoors or outdoors.

These healthcare devices offer a convenient solution for individuals seeking respiratory support at home or on the go.

Spring into Savings: Limited-Time Discounts Now Available

In celebration of spring, VARON’s Spring Sale offers exclusive savings to help more customers access essential respiratory care solutions.

Customers can take advantage of:

Up to 30% off on featured oxygen concentrators and respiratory accessories18% off sitewide with no code requiredFree shipping on all orders

Whether planning outdoor adventures, family gatherings, or simply enjoying fresh air in comfort, VARON’s oxygen concentrators help users breathe easier and embrace the season.

For more details on VARON’s Spring Sale or to explore its oxygen therapy solutions, visit https://varoninc.com or contact support@varoninc.com.

Essential Maintenance Tips for Optimal Performance and Hygiene

In addition to the promotions, VARON is encouraging customers to take this opportunity to care for their oxygen equipment. “Regular maintenance of oxygen devices and accessories plays a vital role in ensuring safe, effective, and comfortable oxygen therapy,” said Dr. Walkers, Director of Product Development at VARON. “Over time, components like filters and cannulas can accumulate dust, moisture, and bacteria, which may affect both air quality and the overall user experience.”

VARON recommends the following spring maintenance checklist:

1. Replace Air Filters

Filters help block dust, debris, and airborne particles from entering the device. Replacing them every 3 months (or more frequently in dusty environments) ensures clean air intake and protects internal components.

2. Change Nasal Cannulas and Tubing

These components are in direct contact with the user and can harbor bacteria if not changed regularly. It is recommended to replace cannulas every 2-4 weeks, based on your frequency of use, to maintain hygienic oxygen delivery.

3. Clean Accessories Weekly

Wash cannulas, tubing, and humidifier bottles (if applicable) weekly using mild soap and warm water, then allow them to air dry completely. Never use harsh chemicals or alcohol.

4. Inspect and Replace Batteries (for Portable Units)

If using a portable concentrator, check battery life and replace older batteries that no longer hold a full charge. Proper battery function is essential for uninterrupted oxygen therapy on the go.

5. Store Devices Properly

Keep equipment in a clean, dry place when not in use. Avoid direct sunlight, excessive heat, or moisture to prevent internal damage and preserve the unit’s integrity.

Customers can find replacement filters, cannulas, tubing, and batteries available at discounted prices during the Spring Sale.

Supporting Health and Wellness Year-Round

In addition to providing high-quality respiratory equipment, VARON encourages customers to take proactive steps to manage allergy symptoms during spring. These include using air purifiers indoors, limiting outdoor exposure during peak pollen hours, staying hydrated, and consulting healthcare providers for personalized care plans.

VARON remains committed to supporting respiratory wellness with products designed for comfort, efficiency, and reliability.

About VARON

VARON is a trusted leader in respiratory care, providing innovative oxygen therapy solutions to support individuals with chronic and seasonal breathing difficulties. Committed to comfort, reliability, and cutting-edge technology, VARON helps users around the world breathe easier every day.

Media Contact:
Winnie Li
official@varoninc.com 

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SOURCE Varon oxygen concentrator

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CHAI Claims the Crown in Social AI — Beats Character AI in Ratings

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CHAI Surpasses Character AI in User Ratings, Becomes Top-Rated Social AI App on Android CHAI has officially claimed the #1 spot in the Social AI category, surpassing Character AI with a 4.3 rating on the Google Play Store. This milestone reflects CHAI’s growing reputation for delivering fast, creative, and emotionally resonant AI chats — free from the frustrating filters and lags plaguing competitors. With rave reviews pouring in and an active, passionate community behind it, CHAI is proving to be more than just an app — it’s a movement in immersive AI storytelling.

PALO ALTO, Calif., April 16, 2025 /PRNewswire/ — CHAI has officially claimed the top spot in the Social AI category, surpassing long-time rival Character AI in user ratings on the Android platform. With a current rating of 4.3, CHAI has edged out Character AI, which holds a 4.1 rating, marking a major milestone in the rapidly growing world of conversational AI.

While Character AI users have recently voiced growing dissatisfaction — particularly over aggressive content filters and delayed response times — CHAI users are celebrating the app’s steady improvements and immersive chat experience. A top-rated review on Character AI’s Play Store page reflects the growing frustration:

“I have used this app for a year now… The filters have gotten worse, and it’s so bad that I can’t describe a simple cut without activating the barrier. Also, recently, the characters have been taking longer and longer to respond. It’s starting to get annoying.”

In contrast, CHAI’s user base has responded enthusiastically to its recent enhancements. One of the most liked reviews on the Play Store reads:

“This is easily the best AI chat program. Period… The model’s ability to narrate is better. The variety of characters, plus the AI, puts this above others.”

CHAI’s growing popularity is also evident on social platforms. On the ChaiApp Reddit community, users regularly share guides, character ideas, and glowing testimonials. Comments such as “This is definitely the best AI I’ve been using for fun” and “CHAI is my life” highlight the app’s strong emotional connection with its audience.

CHAI’s recent surge in user satisfaction and engagement demonstrates its unique appeal and the growing demand for responsive, creative, and less restrictive AI experiences. As CHAI continues to evolve, it is clear the platform is resonating deeply with users — not just as a chat app, but as a dynamic storytelling companion.

What is CHAI? CHAI is a social AI platform where users can create their own AI. Since its launch three years ago, CHAI has experienced significant growth, particularly among Gen Z users. Now, to support further growth and wider adoption, CHAI has redesigned its brand.

Can you use CHAI AI in a browser? As of March 2025, no. CHAI is focused on delivering the most engaging social AI experience by hiring talented engineers to refine its app. While there are currently no plans for a web app, this may change in the future.

Is CHAI AI safe? CHAI has implemented a range of safety features that allow users to engage in dynamic chats while encouraging them to stay within established guidelines. By building better AI, CHAI aims to enhance user value and experience.

What makes CHAI special? CHAI is designed to be the most engaging social AI, delivering highly entertaining conversations. Many users rely on it to craft interactive stories and immersive experiences.

Why do people love CHAI? CHAI employs advanced AI techniques to increase the entertainment value of its bots. Users chat with AI to write interactive novels and have engaging conversations, supported by a variety of genres that appeal to avid novel readers.

Sometimes regarded as the best free AI chatbot, CHAI is paving its way to widespread adoption of conversational social AI for entertainment.

Who is the founder? William Beauchamp first started building CHAI with his sister in Cambridge UK in 2020. After building the first AI chat platform they relocated to Palo Alto.

Are they hiring? CHAI is a rapidly growing company that is known for paying very high salaries with an intense culture focused on delivering results and iterating quickly. Apply on CHAI’s website.

Press Contact:

Tom Lu

+1 (626) 594-8966

https://www.chai-research.com/

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SOURCE Chai

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Creality Brings Its ShareFest Back to New Zealand to Celebrate the Maker Spirit

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AUCKLAND, New Zealand, April 17, 2025 /PRNewswire/ — Creality, a global leader in the 3D printing industry, brought its community event ShareFest back to “the city of sails” of Auckland and attracted more than 100 people to celebrate this yearʼs theme — “To Makers. By Makers.”

A Festival of Multi-layered Fun

The 2025 fan gathering in New Zealand is a joint effort by Creality and PB Tech — one of Australasia’s largest computing and technology resellers.

At the event, Creality showcased its latest innovations — K2 Plus, Creality Hi, Ender-5 Max, Falcon A1, and the new slicer software Creality Print 6.0. Apart from an exclusive product hands-on experience, the community members participated in interactive games like a quick quiz that included a variety of 3D printing questions, and the “Make & Match” to assemble a 3D printed Creality logo. The event also saw inspiring speeches from invited industry experts, along with an open discussion where everyone was encouraged to share everything about their experience with 3D printing. Last but not least, the event culminated in the 3D printed model contest where all makersʼ creativity shines the brightest.

Powerful Industry Insights

Invited speakers from vastly different fields shared their takes on how 3D printing has made a huge difference in both their professions and hobbies.

Carl Salas — Lecturer at the Unitec School of Architecture
Carl shared how 3D printing is rapidly changing the landscape of architectural design, cultivating architects with the mindset to think outside the box.H + R Drone Racing — Drone Lovers & Content Creators
The drone-loving twins started a YouTube channel to document their DIY projects — from RC submarines, drones and FPVs to an RC wingsuit. Fueled by a passion for turning out-of-this-world ideas into reality, they’ve brought many maker projects to life.

Model Contest Highlights

With over 20 models vying for 3 top spots, this year’s contest was intense. Meet the winners:

1st Place: R2-D2 by John Ferguson
John won with his 365-day project — a remote-controlled, talking R2-D2 from Star Wars, printed all on a Creality Ender-5.2nd Place: Yarn Tools by Terri Cattell
A retiree, grandma, and ShareFest second-timer, Terri got a K1 Max printer as a gift just last year, and amazed everybody at the event with her 3D printed yarn swift — a combination of her long-time and new-found hobbies.3rd Place: BB-8 & EVE by Mike Owen
A 1:1 BB-8 replica that is fully animatronic.

Incredible Energy from Makers

The ShareFest is held at the PB Tech store in Manukau, located in the suburb of Auckland, where product manager Joe Shi expressed his excitement:

“The energy today was incredible — far beyond what we imagined! Seeing so many passionate makers, from veteran creators like John to inspiring newcomers like Terri, reminds us why we do this. Together with Creality, we’re proud to foster a culture where ‘By Makers. To Makers’ comes to life. The feedback has been overwhelming, and we can’t wait to bring even more innovation to our next ShareFest!”

About Creality

Founded in Shenzhen in 2014, Creality is a global pioneer in the 3D printing industry that focuses on the research, design, and production of consumer and professional-grade 3D printers and 3D printing accessories. ShareFest is a global community event hosted by Creality.

Creality has officially launched an Instagram account dedicated to 3D printing hobbyists in New Zealand & Australia. Follow creality_anz to know more. 
https://www.instagram.com/creality_anz/

Media contact: brand@creality.com

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SOURCE Creality 3D

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