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Investor’s Business Daily and TechnoMetrica Find Interest in Electric and Alternative Fuel Vehicles, But Also Concerns

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New study gauges today’s interests and preferences, compared with 2014

LOS ANGELES–(BUSINESS WIRE)–#IBDInvestor’s Business Daily (IBD), a leading financial news and research organization, and TechnoMetrica, a nationally recognized research firm, today announced the results of the 2019 Investor’s Business Daily/TIPP Electric Vehicle Outlook Study. The report was designed to measure consumer interest and preferences regarding electric and alternative fuel vehicles and compare the current findings with similar research conducted in 2014.

“This report highlighted a number of changes in Americans’ sentiment towards electric vehicles over the past five years, most notably that automakers have some work to do to convert interest into action,” said Jerry Ferrara, president of IBD.

Factors Determining Electric Vehicle Demand

According to the new report, EVs make up just 1% of all vehicles on U.S. roads, a slight gain from 2014. Nearly one-quarter (23%) of U.S. drivers have expressed an interest in acquiring an electric vehicle, up from 17% five years ago.

However, topping their concerns about EVs are range and charging infrastructure, with 82% and 75% of respondents respectively calling these a critical factor. “Range anxiety is real and is fueling apprehension about making an EV purchase,” said Ferrara.

Consumers have become less price sensitive, however, with fewer than half citing the extra cost of an electric vehicle as important in their purchase decision, compared with 57% in 2014, potentially attributable to a greater understanding of the cost-saving benefits of EVs.

When asked specifically about a lack of interest in EVs, limited range again topped the list, followed by the physical makeup and size, a concern which grew from 12% to 15%, mirroring today’s increased sales of larger vehicles.

The survey revealed a detailed wish list for the ideal EV automobile: It would offer more than 270 miles of range, require two or less hours to charge and cost no more than $30,000. As of now, no vehicles meet this standard.

Growth Potential Largest in Midwest, And Among Younger Consumers

Currently, the Midwest boasts the largest share of alternative fuel vehicle owners of any region in the U.S, at 18%. And, one in five drivers there expressed interest in acquiring an EV, up seven points over the past five years. That could be related to the fact that these drivers are less concerned with range. Only 13% cited limited range as a reason for their lack of interest, compared with 20% of Westerners, 16% of Northeasterners and 14% of Southerners.

And, as might be expected, drivers ages 18 to 24 are the most enthusiastic about EVs, with 42% expressing interest in acquiring one. They are most swayed by the environmental aspects, with 81% citing it as a critical factor in their EV purchase decision, up from 72% five years ago. They are also the group least likely to experience “range anxiety,” with only 61% ranking “distance on a single charge” as a very important factor in their decision to purchase an electric vehicle, down from 73% in 2014.

Interest Revs Up for Alternative Fuel Vehicles

The study found that the number of U.S. drivers interested in a vehicle that runs on any type of alternative fuel—including gas-electric hybrids, flex fuel, diesel and natural gas— jumped to 60%, up seven percentage points from 2014.

Most notably, natural gas vehicles have been adopted at a faster rate than any other type of alternative fuel vehicle, growing from 1% to 5% between 2014 and 2019.

ABOUT THE IBD©/TIPP POLL

The IBD/TIPP Electric Vehicle Outlook Study, conducted with TechnoMetrica, is based on 854 nationwide telephone interviews with adult American drivers from April 26 to May 5, 2019. The margin of error for the sample at the 95% Confidence level is +/- 3.3 percentage points. In 2014, live telephone surveys were conducted with 788 U.S. adult drivers from February 22 to February 26, 2014. The sample’s margin of error was +/- 3.4 percentage points, at the 95% confidence level. In both studies, two-thirds of the interviews came from a cell phone sample of registered voters, while the remaining one-third came from landlines. TIPP is the polling arm of TechnoMetrica.

About IBD

Investor’s Business Daily (IBD) is a leading financial news and research organization recognized for proprietary stock screens, comparative performance ratings and a record of identifying stock leaders as they emerge. The company takes a data-first approach to investing, educating investors about how to invest successfully using tested methods and sound research. IBD has honed its approach over the last 50 years to help investors make smarter decisions. Its stock lists have outperformed the S&P, and its presidential poll, the most accurate over the past four election cycles, was one of only two national polls to accurately predict the outcome of the 2016 Presidential Election. IBD offers a number of interactive stock research tools and provides information for investors of every level. To learn more about all that IBD has available, please visit www.investors.com.

© 2019 Investor’s Business Daily, Inc. All rights reserved. Investor’s Business Daily, IBD, CAN SLIM and their corresponding logos are registered trademarks of Investor’s Business Daily, Inc.

Contacts

For Editorial Contact:

Marisa Lam

GMK Communications for IBD

marisa@gmkcommunications.com

650.544.3350

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

For the last half century, thousands of communications professionals have turned to us to deliver their news to the audiences most important to their business through the sources they trust most. Over that time, we've gone from a single office with one full time employee to more than 500 employees in 32 bureaus.

Business Wire

Sense.Chat – A Secure Way To Chat & Earn

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Sense.Chat Launches A Secure Messenger & EOS Wallet Utilizing Blockchain Technology

SANTA MONICA, Calif.–(BUSINESS WIRE)–$SENSE #EOSAvailable now on Android and iOS, Sense.Chat allows you to securely chat and transact with your friends, family, and even strangers in the global messenger community. The Sense.Chat Encryption Protocol uses advanced cryptography combined with the EOS Blockchain to deliver messages so that users will be able to maintain their privacy in an unparalleled, highly secure application. Within seconds, users can create a private account with no phone number or email required, start chatting, and share cryptocurrencies with the built-in digital wallet.

“The world is becoming decentralized. I am excited to support this amazing application. Sense.Chat improves human connections by allowing private, seamless messaging and payments,” said Tim Draper, notable investor and Director of the Board of Sense Chat Labs.

Sense.Chat is a dApp (decentralized application) built on EOSIO software, initially created by Block.One, whose CTO Daniel Larimer is a known pioneer of scalable blockchain technology. His product developments are the most successful social blockchain solutions created to date and now he is continuing his work with Voice.

Features & Benefits of Sense.Chat

–Private Messaging: Video and text chat with your friends and family securely using our advanced encryption protocol. We never read or censor your messages, unlike WeChat.

–Crypto Wallet: Send, receive, and store cryptocurrencies while you chat.

–Super Secure: Each party can encrypt messages with public keys in a true peer-to-peer connection. Only you and your contact can decrypt messages.

-Public Channels: Discover exciting conversations, new friends and earn SENSE tokens by chatting in public channels.

-Secure Connection: Chat in real time video and audio calls, connected over data or wifi with no carrier fees.

“You shouldn’t have to compromise your digital self to have a conversation online,” said Sense.Chat CEO Crystal Rose. “With blockchain technology, the digital world can react in the same way as the physical world. Conversations on Sense.Chat are like having a conversation in real life. No middlemen spying on your messages or selling your data.”

Sense.Chat is available on iOS and Android.

Please visit www.sense.chat for more information on Sense.Chat, videos, screenshots, social media, press and more.

ABOUT SENSE

Sense Chat Labs, a venture-backed technology company with investors such as Draper Associates, builds tools for connecting humans worldwide and exchanging value in real time. Its main application, Sense.Chat, is the first of its kind: a truly private, crypto-enabled video messenger.

Contacts

Zac Harding

press@makesense.com

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Business Wire

Photos of the Back-to-School Event at Nintendo NY Store Are Available on Business Wire’s Website

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–(BUSINESS WIRE)–Photos of the Back-to-School Event at Nintendo NY Store Are Available on Business Wire’s Website

Photo 1

In this photo provided by Nintendo of America, families line up to celebrate the start of the back-to-school season during a special event at the Nintendo NY store in Rockefeller Plaza on Aug. 18, 2019.

Photo 2

In this photo provided by Nintendo of America, Emily S, age 12, celebrates the back-to-school season with the Super Mario Maker 2 game during a special event at the Nintendo NY store in Rockefeller Plaza on Aug. 18, 2019. Super Mario Maker 2 is now available for the Nintendo Switch system.

Photo 3

In this photo provided by Nintendo of America, siblings Gavin, age 9, Glen, age 7, and Grace, age 5, with Maximo J., age 7, participate in a Super Mario Maker 2 Puzzle Challenge during a special event at the Nintendo NY store in Rockefeller Plaza on Aug. 18, 2019. Super Mario Maker 2 is now available for the Nintendo Switch system.

Photo 4

In this photo provided by Nintendo of America, families celebrate the back-to-school season with a Nintendo Labo: VR Kit demonstration led by teacher Bill Vacca of Bradt Primary School in New York, showing Nintendo Labo Toy-Con Garage where players can use their imagination to invent new ways to play. Nintendo Labo: VR Kit is now available for the Nintendo Switch system.

Photo 5

In this photo provided by Nintendo of America, families celebrate the back-to-school season with fun school-themed activities and hands-on time with Nintendo Labo: VR Kit during a special event at the Nintendo NY store in Rockefeller Plaza on Aug. 18, 2019. Nintendo Labo offers kids the opportunity to make, play and discover as they go into the new school year. Nintendo Labo: VR Kit is now available for the Nintendo Switch system.

Restrict display of VR images for children 6 and under by accessing the in-game settings using the goggles icon. Nintendo Switch system required (sold separately). Parental supervision recommended.

Contacts

Golin

Ashley Edwards, 212-373-6021

AEdwards@golin.com

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Business Wire

SAEX FILING NOTICE: Rosen, A Top Ranked Law Firm, Files First Securities Class Action Lawsuit Against SAExploration Holdings, Inc Seeking Recovery of Investor Losses – SAEX

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NEW YORK–(BUSINESS WIRE)–Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of SAExploration Holdings, Inc. (NASDAQ: SAEX) from March 15, 2016 through August 15, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages for SAExploration investors under the federal securities laws.

To join the SAExploration class action, go to https://www.rosenlegal.com/cases-register-1657.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the Company improperly did not classify Alaska Seismic Ventures, LLC (“ASV”) as a variable interest entity; (2) the Company had a controlling financial interest in ASV, which required the Company to consolidate ASV in its financial statements; (3) the Company had deficient internal controls over financial reporting; (4) these practices were likely to lead to an investigation of the Company by the SEC; (5) SAExploration would be forced to delay the filing of its quarterly report for the quarter ended June 30, 2019; and (6) as a result, Defendants’ statements about SAExploration’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 17, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to https://www.rosenlegal.com/cases-register-1657.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Contacts

The Rosen Law Firm, P.A.

Laurence Rosen, Esq.

Phillip Kim, Esq.

275 Madison Avenue, 34th Floor

New York, NY 10016

Tel: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827

lrosen@rosenlegal.com

pkim@rosenlegal.com

cases@rosenlegal.com

www.rosenlegal.com

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