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NextPlat Announces Completion of Merger and Business Combination with Progressive Care Inc. as Company Focuses on Growth in Healthcare, Technology and Personal Wellness Markets

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Progressive Care Stock to Cease Trading Today, October 1, 2024

COCONUT GROVE, Fla., Oct. 1, 2024 /PRNewswire/ — NextPlat Corp (NASDAQ: NXPL, NXPLW) (“NextPlat” or the “Company”), a global e-Commerce provider, today announced that following shareholder approvals, it has completed the proposed Merger Agreement and Plan of Reorganization (“the Merger”) pursuant to which Progressive Care Inc. (“Progressive Care”), a controlled subsidiary of the Company, has become a wholly-owned subsidiary of the Company (the “Business Combination”). As a result of the Merger and Business Combination, Progressive Care’s common stock has ceased trading on the OTCQB exchange effective today.

“The completion of our merger and business combination with Progressive Care creates a unified company focused on generating continued growth in large domestic and global markets for healthcare services, technology and personal health and wellness. Through the first half of 2024, each of our business operations have successfully generated strong top-line growth and steadily improving operational performance, and through elimination of redundancies, business integration and the launch of new products planned throughout next year, we expect to produce continued improvements in our consolidated financial performance,” said Charles M. Fernandez, Executive Chairman and CEO of NextPlat Corp.

Under terms of the Merger Agreement, Progressive Care shareholders received 1.4865 newly issued shares of NextPlat common stock for each share of Progressive Care common stock they own immediately prior to the effective time of the Business Combination. The exchange of shares was conducted automatically for shares of Progressive Care common stock held in brokerage and retirement accounts. All Progressive Care shareholders who hold physical stock certificates are requested to promptly contact NextPlat’s transfer agent, Equity Stock Transfer, for transfer and delivery instructions. Equity Stock Transfer can be reached at 237 W 37th St, Suite 601, New York, NY 10018 or via telephone at 917-746-4597 and e-mail at info@equitystock.com.

About NextPlat Corp
NextPlat is a global e-commerce platform company created to capitalize on multiple high-growth sectors and markets including technology and healthcare. Through acquisitions, joint ventures and collaborations, the Company intends to assist businesses in selling their goods online, domestically, and internationally, allowing customers and partners to optimize their e-commerce presence and revenue. NextPlat currently operates an e-commerce communications division offering voice, data, tracking, and IoT products and services worldwide as well as pharmacy and healthcare data management services in the United States through its subsidiary, Progressive Care Inc.

About Progressive Care
Progressive Care Inc., through its subsidiaries, is a Florida health services organization and provider of Third-Party Administration (TPA), data management, COVID-19 related diagnostics and vaccinations, 340B contracted pharmacy services, prescription pharmaceuticals, compounded medications, provider of tele-pharmacy services, the sale of anti-retroviral medications, medication therapy management (MTM), the supply of prescription medications to long-term care facilities, and health practice risk management.

Forward-Looking Statements
Certain statements in this release constitute forward-looking statements. These statements include the capabilities and success of the Company’s business and any of its products, services or solutions. The words “believe,” “forecast,” “project,” “intend,” “expect,” “plan,” “should,” “would,” and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, including the Company’s ability to launch additional e-commerce capabilities for consumer and healthcare products  and its ability to grow and expand as intended, any of which could cause the Company to not achieve some or all of its goals or the Company’s previously reported actual results, performance (finance or operating), including those expressed or implied by such forward-looking statements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (the “SEC”), copies of which may be obtained from the SEC’s website at www.sec.gov. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.

Media and Investor Contact for NextPlat Corp:
Michael Glickman
MWGCO, Inc.
917-397-2272
mike@mwgco.net

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SOURCE NextPlat Corp.

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Maropost breaks records in G2 Fall 2024 Reports

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Maropost earns 17 badges across 70 G2 reports, including nine new accolades and eight for mid-market excellence

TORONTO, Oct. 1, 2024 /CNW/ – Building on its G2 Summer Reports success, Maropost Marketing Cloud shattered records in G2’s Fall 2024 Reports, securing an unprecedented 17 badges across 70 categories. G2, the world’s largest software marketplace, awards badges on genuine customer reviews and user feedback.

Maropost’s Fall accolades include nine new badges plus eight more specifically for mid-market excellence, solidifying Marketing Cloud’s position as a leader in marketing automation and ecommerce solutions for fast-growing businesses. Notably, Maropost earned recognition for “Ease of Doing Business With” in both Mid-Market and SMB categories, underlining its commitment to user-friendly solutions across business sizes.

Recognized by G2 as a “High Performer in Email Marketing,” Marketing Cloud helps rapidly scaling brands take control of their email, SMS, and social media programs. Powered by AI, it allows marketers to effortlessly build and segment audiences, customize customer journeys, personalize communications, and automate delivery across multiple channels.

Glowing G2 reviews reinforce why Maropost earned a Fall Reports “Users Love Us” distinction. Customers praise Marketing Cloud’s ability to “precisely target our clients’ audiences, ensuring messages reach the right people at the right time.” Others claim “deliverability is epic” and “support goes above and beyond to help you.”

Ross Andrew Paquette, Founder and CEO of Maropost, commented on Marketing Cloud’s achievements. “Our latest G2 badges represent the voice of our customers. We built Marketing Cloud to help businesses like theirs connect with customers, scale effortlessly, and accelerate growth. Seeing our actual users rank us so highly across multiple categories proves we’re more than delivering on that promise and validates our mission to deliver a truly unified platform that seamlessly connects all aspects of commerce and marketing.”

To learn more about how Maropost can help you deliver personalized, automated marketing experiences at scale, book a demo today.

About Maropost 

Only Maropost unites the commerce and marketing tools and insights growing brands need to engage customers and scale their business. Built on unified customer data and an enterprise-grade infrastructure, Maropost offers a complete, connected suite of marketing, merchandising and search, customer service, ecommerce, and retail solutions.   

Since its founding in 2011, Maropost has made multiple appearances on Deloitte’s Technology Fast 500 list and G2’s leaderboard. A global company, Maropost proudly serves 5,000+ leading commerce brands across North America, Australia, and Europe, including Victoria Beckham, Sandro Paris, Untuckit, Scott Sports, James Perse, and Fujifilm. Learn more at maropost.com.  

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SOURCE Maropost Inc.

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Xojo 2024 Release 3 Adds the Power of Preemptive Threads, Android Tablet Support

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AUSTIN, Texas, Oct. 1, 2024 /PRNewswire/ — Xojo, Inc., the developers behind Xojo—a powerful cross-platform development tool and programming language—proudly announce the immediate availability of Xojo 2024 Release 3. This release adds preemptive threading, a highly anticipated feature that offers significant performance improvements, Web improvements and support for Android tablets.

With over 200 new features and improvements, this new release not only offers the power of preemptive threads to Xojo users, it also includes Code Editor improvements, multiple Web updates and new Android features, including tablet support. Kem Tekinay, RegEx enthusiast and Xojo MVP, commented, “Xojo has introduced preemptive threads, and it’s a game-changer. With trademark simplicity that belies its power, this new feature will let users go in new directions for faster and more responsive apps by building on an already familiar foundation.”

New Features and Updates:
Preemptive Threading
Code Editor improvements: Row highlighting, command bar button for Standardize Format, and Syntax Help area size control
Web now uses Bootstrap v5.3.3 and Bootstrap Icons v1.11.3
Web supports adding CSS classes to controls
macOS Popovers can be resized
Windows HTMLViewer can now access camera and microphone
iOS Picture can access EXIF metadata
Android tablet support
Android improved Declare support
Android RegEx classes

Availability
Xojo is a cross-platform development tool for building native applications for macOS, Windows, Linux, iOS, Android, the web, and Raspberry Pi. Xojo is free to use for learning and development. A license is required to build most applications; building Linux Desktop and Console apps and Raspberry Pi apps is included in the Xojo IDE. Pricing begins at $99 for a single desktop platform. Building cross-platform desktop, mobile, or web applications is $399. Xojo Pro and Pro Plus packages are available from $799 and up, offering increased support and resources for professional developers. Xojo offers special packages for educators and students. For information on pricing and licensing options, please visit https://www.xojo.com/store.

About Xojo
With a passion for innovation and a commitment to empowering developers worldwide, Xojo revolutionizes the software development landscape by offering a native, cross-platform development environment. Since its inception more than 25 years ago, Xojo has fostered a vibrant community of developers united by their shared love for technology and the limitless possibilities it brings. For more information, visit Xojo at https://www.xojo.com.

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SOURCE Xojo, Inc.

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MIT Technology Review Recognizes Gogoro as a Top 15 Climate Tech Company to Watch for 2nd Consecutive Year

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MIT Technology Review’s ’15 Climate Tech Companies to Watch’ annual list recognizes companies that are developing innovative new technologies or scaling existing ones to address climate change.

CAMBRIDGE, Mass., Oct. 1, 2024 /PRNewswire/ — Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today was recognized by MIT Technology Review as a ’15 Climate Tech Companies to Watch’ for the second consecutive year. The announcement was made at the EmTech MIT Conference held at the MIT Media Lab in Cambridge, Massachusetts.

MIT Technology Review’s annual list recognizes companies that are developing innovative new technologies or scaling existing ones to address climate change. To access the 2024 ’15 Climate Tech Companies to Watch’ list, visit technologyreview.com.

“Gogoro stood out for successfully deploying electric scooters and battery swapping across Taiwan and is expanding elsewhere,” said Amy Nordrum, Executive Editor, Operations, MIT Technology Review. “But also—its battery swap stations are good for the grid, because they serve as a backup power source for the Taiwan power grid.That’s why we’re featuring them for the second year running.”

“Gogoro battery swapping is transforming urban two-wheel transportation, making it smarter, more sustainable, and accessible for everyone. With over 630 million battery swaps completed, we have successfully saved more than one million tons of CO2,” said Henry Chiang, CEO of Gogoro. “We are grateful to MIT Technology Review for including us in their prestigious list for the second consecutive year. We believe that innovation is key to tackling the most pressing climate challenges of our time.”

About MIT Technology Review
Founded at the Massachusetts Institute of Technology in 1899, MIT Technology Review is a world-renowned, independent media company whose insight, analysis, reviews, interviews and live events explain the newest technologies and their commercial, social and political impacts. MIT Technology Review derives authority from its relationship to the world’s foremost technology institution and from its editors’ deep technical knowledge, capacity to see technologies in their broadest context, and unequaled access to leading innovators and researchers.

About Gogoro
Founded in 2011 to rethink urban energy and inspire the world to move through cities in smarter and more sustainable ways, Gogoro leverages the power of innovation to change the way urban energy is distributed and consumed. Gogoro has recently been recognized with a variety of global awards including Frost & Sullivan’s ‘2024 Global Company of the Year for battery swapping for electric two-wheel vehicles’ award; and, MIT Technology Review’s 2023 and 2024 ’15 Climate Tech Companies to Watch’. Gogoro’s battery swapping and vehicle platforms offer a smart, proven, and sustainable long-term ecosystem for delivering a new approach to urban mobility. Gogoro has quickly become an innovation leader in vehicle design and electric propulsion, smart battery design, battery swapping, and advanced cloud services that utilize artificial intelligence to manage battery charging and availability. The challenge is massive, but the opportunity to disrupt the status quo, establish new standards, and achieve new levels of sustainable transportation growth in densely populated cities is even greater. Gogoro is operational in Taiwan, Philippines, Mainland China, India, Japan, Indonesia, Korea, Israel, Singapore, Colombia and Nepal. For more information, visit www.gogoro.com/news and follow Gogoro on Twitter: @wearegogoro.

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SOURCE Gogoro Inc

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