HIVE Announces Quarterly Revenue of $14.3 Million, Gross Mining Margin of $3.6 Million and Achieves Adjusted EBITDA of $1.5 Million for the Quarter while HPC Revenue Strategy is Gaining Momentum With Annual Run Rate of $1.3 Million

<div><figure class="caas-figure"><div class="caas-img-container" style="height:1px;width:100%;"><img class="caas-img has-preview has-width" alt="" src="https://s.yimg.com/ny/api/res/1.2/AD98sPDFzKgL652H14jmXg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTM2O2g9MzY-/https://api.newsfilecorp.com/newsinfo/155535/202" height="1" width="1"/></div></figure>Vancouver, British Columbia--(Newsfile Corp. - February 21, 2023) - HIVE Blockchain Applied sciences Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: HBFA) (the "Firm" or "HIVE") a number one digital asset miners and inexperienced targeted knowledge middle builder and operator, is happy to announce the earnings report for the third quarter ended December 31, 2022 (all quantities in US {dollars}, except in any other case indicated).HIVE achieved income of $14.3 million this quarter, by mining 787 Bitcoin, with a 25% Gross Mining Margin representing $3.62 million of earnings from mining operations. That is notable, as the primary full fiscal quarter for HIVE that doesn't embrace any Ethereum mining revenues, because the Ethereum Merge befell on September 15th, 2022. Moreover, common Bitcoin costs on this present quarter decreased from the prior quarter by roughly 15%, persevering with this crypto winter that impacts all the Bitcoin mining sector. Nevertheless, by hedging our vitality contracts, promoting energy again to the grid, and optimizing our working capability to deal with most revenue per KWHR, HIVE has realized revenue from mining operations this quarter.The Firm notes that HIVE's manufacturing of 787 Bitcoin this quarter represents a rise of 13% yr over yr, with the identical interval final yr, having mined 697 Bitcoin reflecting a continued progress in our working hashrate. That is largely a results of the completion of our New Brunswick knowledge middle campus, which we've got seen attain over 1 Exahash of Bitcoin mining capability this yr, working in a four-building knowledge middle campus, which HIVE owns, and contains our personal substation, transformers and electrical infrastructure. This massive improve in amount of Bitcoin manufacturing stands at the same time as community problem has elevated by 60% on this one-year interval, whereas Bitcoin costs and costs have fallen roughly 50%.Frank Holmes, HIVE's Government Chairman, acknowledged, "We want to once more thank our loyal shareholders for believing in our imaginative and prescient to mine each Ethereum and Bitcoin. We're unhappy to see the upper margin from mining Ethereum gone nonetheless our HPC technique which has taken longer to roll out is now rising quickly on a month over month foundation. We're pleased to share that our strong progress is scalable and will probably improve 10x fold over the subsequent yr because the demand for our top quality chips as a result of large international demand for Ai initiatives like GPT CHAT, medical analysis, machine studying and rendering. Additional, HIVE was the primary to make use of our software program to assist steadiness {the electrical} grid and resell again vitality each time there may be spike in demand. This technique has been good for the neighborhood and HIVE. Even with a difficult quarter for the worldwide digital asset ecosystem, the place we noticed the capitulation of crypto costs as a result of implosion of FTX and the associated contagion with different exchanges, lenders and hedge funds. Strategically, we've got not borrowed costly debt towards our mining gear or pledged our Bitcoins for pricey loans, thus our steadiness sheet stays wholesome to climate this storm. We imagine our low coupon fastened debt; enticing inexperienced renewable vitality costs and excessive performing vitality environment friendly ASIC and GPU chips will assist us navigate by this crypto winter. The latest sudden problem has been in Sweden which we cowl in higher element in our interim filings."<button class="link caas-button collapse-button" aria-label="" title="" data-ylk="elm:readmore;slk:Story continues">Story continues</button>Aydin Kilic, President & CEO of HIVE, added, "HIVE has skillfully navigated the digital asset mining trade in a post-Ethereum merge, when many questioned how we may proceed to generate revenue from operations. This has been answered by our gross mining margins of $3.6 million this quarter, throughout a time when many different crypto miners are struggling for solvency. In reality, our Bitcoin holdings have elevated by 30% yr over yr for the interval ending December 31, 2022 with 2,372 Bitcoin. Along with this, we noticed Bitcoin mining difficulties improve 60% throughout this era, reaching an all-time excessive of just about 40T. HIVE navigated this quarter by promoting vitality again to the grid, repurposing our GPUs to mine Bitcoin, and upgraded our fleet of ASICs to enhance our total effectivity. As beforehand reported, our GPUs are presently doing $80 per megawatt hour in income, which has similarities to Bitcoin mining economics with ASICs. I'm extremely pleased with the group, as we've got among the many leanest G&A as a share of income amongst our friends within the trade. HIVE is devoted to delivering its shareholders worth and strives to excel in optimization and effectivity; this quarter the numbers illustrate the benefit of our strategy and our success. We try to set the gold normal of operational effectivity at HIVE whereas continuously adapting to altering market situations with an agility mindset."HIVE achieved a gross mining margin of $3.6 million for the quarter, a 77% lower over the prior quarter of $15.9 million as a result of lack of Ethereum revenues from the Merge and decrease Bitcoin costs. This decline in gross mining margin was predominantly pushed by vital decrease common cryptocurrency costs throughout this era which negatively affected us in addition to all the Bitcoin mining trade.On a relative foundation HIVE has been in a position to mine with wholesome revenue margins in periods of market volatility due to being globally diversified and having fun with enticing energy prices in Sweden, Iceland, and Quebec.Moreover, HIVE's common price of manufacturing per Bitcoin was $13,599 (together with price of products offered, not together with SG&A) for the quarter ending December 31, 2022, a 37% improve in price from the earlier quarter ending September 30, 2022. The corporate notes that from October 2022 onwards, with Bitcoin mining hash charges and Issue at all-time highs, it's anticipated that the price of manufacturing for Bitcoin will improve for the trade at massive, as much less Bitcoin per Terahash is being rewarded at these problem ranges.In response to Anthony Energy's month-to-month trade analysis we're proud to have achieved and maintained among the many greatest operational uptime amongst all its friends, with HIVE repeatedly rising as one of the environment friendly crypto miners based mostly on digital property mined per Exahash (generally measured as amount of mined Bitcoin per Exahash of reported hashrate).Additional to the Firm's information launch dated February 15, 2023, on account of the submitting on the date hereof of the Firm's interim monetary statements and accompanying administration's dialogue and evaluation for the three and 9 months ended December 31, 2022 (the "Interim Filings"), a administration stop commerce order has not been crucial. Consequently, there will probably be no restriction of the Firm's chief government officer and chief monetary officer from buying and selling the Firm's shares ensuing from such administration stop commerce order. Particulars of the tax discover obtained in relation to one of many Firm's European subsidiaries is disclosed within the Interim Filings.Mark-to-Market of Belongings and Non-Money WritedownsThere was continued strain within the accounting world to take non-cash fees towards mining gear that's required to create digital property. With the Ethereum transfer to proof-of-stake happening in September 2022, the worth of the GPU chips utilized in proof-of-work mining has fallen globally. Moreover, the value of main ASIC chips strikes in tandem with the value of Bitcoin. On large quarterly down swings just like the final couple of quarters we cut back the worth of the Bitcoin held in our treasury and the resale price of the mining gear, nonetheless when Bitcoin costs rise, they're written again up by stock holdings and movement by the earnings assertion utilizing mark-to-market accounting, whereas gear usually shouldn't be written again up as the brink to take action is increased. It is a conservative accounting remedy which public crypto mining firms often comply with.Our adjusted EBITDA for the quarter was $1.5 million with the decline in digital asset costs in the course of the quarter, along with a major impairment of $61.5 million on mining gear and deposits. Digital property proceed to be way more risky than the inventory market, thus our digital property can considerably transfer earnings each up and down every quarter.Q3 Quarterly Abstract - December 31, 2022<ul class="caas-list caas-list-bullet"><li>Generated income of $14.3 million, with a gross mining margin1 of $3.6 million</li><li>Mined 787 Bitcoin in the course of the three-month interval ended December 31, 2022</li><li>Adjusted EBITDA1of $1.5 million for the three-month interval</li><li>Working capital decreased by $21.6 million in the course of the three-month interval ended December 31, 2022</li><li>Digital forex property of $39.0 million, as at December 31, 2022</li><li>Common price of manufacturing per Bitcoin was $13,599, the place the common Bitcoin worth was $18,072, in the course of the three-month interval ended December 31, 2022. This additionally represents a 37% improve in manufacturing prices of Bitcoin from the earlier quarter of $9,894 for the three months ended September 30, 2022 (common worth of Bitcoin was $21,252 throughout this era)</li><li>Impairment on miner gear of $38.8 million and of $22.7 million on gear deposits in the course of the three-month interval ended December 31, 2022</li><li>Internet loss earlier than tax of $90.4 million for the three-month interval attributable to impairment from the worth of ASIC and GPU chips declining with the drop in Bitcoin and Ethereum costs and the mark-to-market Bitcoin HODL place</li></ul>Q3 F2023 Monetary EvaluationFor the three months ended December 31, 2022, income from digital forex mining was $14.1 million, a lower of roughly 51.6% from the prior yr primarily as a result of Merge, vital international hashrate progress mixed with a lot decrease common cryptocurrency costs.Gross mining margin1 in the course of the interval was $3.6 million, or 25% of earnings from digital forex mining, in comparison with $15.9 million, or 54% of earnings from digital forex mining, in the identical interval within the prior yr. The Firm's gross mining margin1 from digital forex mining is partially depending on exterior community elements together with mining problem, the quantity of digital forex rewards and costs it receives for mining, in addition to the market worth of digital currencies. The lower in gross mining margin1 is tremendously affected by the value of digital currencies which is roughly 67% of what it was within the prior yr quarter.The Firm notes that, whereas adjusted EBITDA1 this quarter was $1.5 million, due to mark to market accounting observe, web loss in the course of the quarter ended December 31, 2022, was $90.0 million, or a lack of $1.09 per share, in comparison with web earnings of $51.2 million, or $0.66 per share, the identical interval final yr. The decline from the prior yr was pushed primarily by the Merge, increased non-cash fees akin to depreciation, unrealized valuation losses on digital currencies and investments, and impairment fees on gear and gear deposits, which in flip have been all affected by decrease Bitcoin and Ethereum costs seen within the present quarter. Adjusted EBITDA is a non-IFRS monetary measurement and ought to be learn at the side of and shouldn't be seen as a substitute for or alternative of measures of working outcomes and liquidity offered in accordance with IFRS.Mr. Holmes famous, "At HIVE we attempt to keep up a high-performance tradition, which signifies that we at all times adapt to sudden headwinds, and do our greatest to keep up operational excellence within the course of."<figure class="caas-figure"><div class="caas-figure-with-pb" style="max-height: 155px"><div><div class="caas-img-container caas-img-loader" style="padding-bottom:29%;"><a target="_blank" class="link" href="https://images.newsfilecorp.com/files/5335/155535_92809244646cebd5_001full.jpg" rel="nofollow noopener" data-ylk=""><img class="caas-img caas-lazy" alt="" src="https://s.yimg.com/ny/api/res/1.2/gcc1Dv5U3X_WSExPzfhsFg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTI4Mg--/https://media.zenfs.com/en/newsfile_64/b2f46028aeae4693a6127ea056671a78"/><noscript><img alt="" src="https://s.yimg.com/ny/api/res/1.2/gcc1Dv5U3X_WSExPzfhsFg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTI4Mg--/https://media.zenfs.com/en/newsfile_64/b2f46028aeae4693a6127ea056671a78" class="caas-img"/></noscript></a></div></div></div></figure>Desk 1To view an enhanced model of this graphic, please go to: <a target="_blank" href="https://images.newsfilecorp.com/files/5335/155535_92809244646cebd5_001full.jpg" rel="nofollow noopener" data-ylk="slk:https://images.newsfilecorp.com/files/5335/155535_92809244646cebd5_001full.jpg" class="link ">https://images.newsfilecorp.com/files/5335/155535_92809244646cebd5_001full.jpg</a>EBITDA and Adjusted EBITDAThe Firm makes use of EBITDA and Adjusted EBITDA as a metric that's helpful for assessing its working efficiency on a money foundation earlier than the influence of non-cash objects and acquisition associated actions.EBITDA is web earnings or loss from operations, as reported in revenue and loss, earlier than finance earnings and expense, tax and depreciation and amortization.Adjusted EBITDA is EBITDA adjusted for eradicating different non-cash objects, together with share-based compensation, non-cash impact of the revaluation of digital currencies and one-time transactions.<figure class="caas-figure"><div class="caas-figure-with-pb" style="max-height: 258px"><div><div class="caas-img-container caas-img-loader" style="padding-bottom:56%;"><a target="_blank" class="link" href="https://images.newsfilecorp.com/files/5335/155535_92809244646cebd5_002full.jpg" rel="nofollow noopener" data-ylk=""><img class="caas-img caas-lazy" alt="" src="https://s.yimg.com/ny/api/res/1.2/myYy3VVXEHpNrAZaiM2yCg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5NA--/https://media.zenfs.com/en/newsfile_64/58d193a6e1d6c94fd77d88ec7226a6be"/><noscript><img alt="" src="https://s.yimg.com/ny/api/res/1.2/myYy3VVXEHpNrAZaiM2yCg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5NA--/https://media.zenfs.com/en/newsfile_64/58d193a6e1d6c94fd77d88ec7226a6be" class="caas-img"/></noscript></a></div></div></div></figure>Desk 2To view an enhanced model of this graphic, please go to: <a target="_blank" href="https://images.newsfilecorp.com/files/5335/155535_92809244646cebd5_002full.jpg" rel="nofollow noopener" data-ylk="slk:https://images.newsfilecorp.com/files/5335/155535_92809244646cebd5_002full.jpg" class="link ">https://images.newsfilecorp.com/files/5335/155535_92809244646cebd5_002full.jpg</a>The Firm emphasizes that "adjusted EBITDA" shouldn't be a GAAP or IFRS measurement and is included just for comparative functions.Non-Money CostsA non-cash cost is a write-down or accounting expense that doesn't contain a money fee. Depreciation, amortization, depletion, stock-based compensation, and asset impairments are widespread non-cash fees that cut back earnings however not money flows.Monetary Statements and MD&AThe Firm's Consolidated Monetary Statements and Administration's Dialogue and Evaluation (MD&A) thereon for the three and 9 months ended December 31, 2022 will probably be accessible on SEDAR at <a target="_blank" href="https://api.newsfilecorp.com/redirect/8AoD0CJZRG" rel="nofollow noopener" data-ylk="slk:www.sedar.com" class="link ">www.sedar.com</a> below HIVE's profile and on the Firm's web site at <a target="_blank" href="https://api.newsfilecorp.com/redirect/y3GKQIqxzW" rel="nofollow noopener" data-ylk="slk:www.HIVEblockchain.com" class="link ">www.HIVEblockchain.com</a>.HIVE Efficiency CloudHIVE can also be happy to announce its anticipated plans to launch HIVE Efficiency Cloud in calendar Q2 2023.Previous to the full-scale launch of HIVE Cloud, we're additionally happy to share that our proof-of-concept to make the most of our fleet of GPUs is presently produced annual income on a run-rate foundation over $1 million, doing excessive efficiency computing workloads (not involving digital asset mining).We notice that that is at present market situations roughly 25 instances extra worthwhile than mining, on a greenback per MWHR foundation, producing over $1,800 per MWHR in income. Notably, HIVE is presently realizing these revenues by enlisting roughly 450 GPUs, which devour roughly 80 kW of energy, to provide as much as $3,500 per day. By comparability, 80 kW of Bitcoin ASIC miners can be producing roughly $175 per day utilizing the identical energy footprint of 80 kW.Our working group, during the last 6 months, have studied the steadiness, efficiency and technical necessities, to assist HPC workloads with our fleet of knowledge middle grade GPUs. It is a notable technical achievement we plan on persevering with to scale this challenge and hope to attain the 10x progress in our HPC income run-rate within the coming yr.Frank Houses, Government Chairman of HIVE commented, "We've got navigated quite a few pivots from mining Ethereum with our GPUs, to mining Bitcoin, whereas additionally growing our HPC platform to efficiency HPC work-loads with our GPUs. I'm very pleased with our group."Aydin Kilic CEO of HIVE acknowledged, "That is an evolution of our skillset as a expertise firm and units the stage for a brand new period in HIVE's outlay of expertise providers. The place HIVE thrives is knowing and optimizing the unit economics of our enterprise, as we attempt to offer worth to shareholders, and handle our vitality and capital assets in probably the most environment friendly method attainable."About HIVE Blockchain Applied sciences Ltd.HIVE Blockchain Applied sciences Ltd. went public in 2017 as the primary cryptocurrency mining firm with a inexperienced vitality and ESG technique.HIVE is a growth-oriented expertise inventory within the emergent blockchain trade. As an organization whose shares commerce on a significant inventory change, we're constructing a bridge between the digital forex and blockchain sector and conventional capital markets. HIVE owns state-of-the-art, inexperienced energy-powered knowledge centre services in Canada, Sweden, and Iceland, the place we supply inexperienced vitality to mine on the cloud and endeavour to construct a major HODL place of Bitcoin. For the reason that starting of 2021, HIVE has held in safe storage the vast majority of its ETH and BTC coin mining rewards. Our shares present buyers with publicity to the working margins of digital forex mining, in addition to a portfolio of cryptocurrencies akin to BTC. As a result of HIVE additionally owns exhausting property akin to knowledge facilities and superior multi-use servers, we imagine our shares provide buyers a horny approach to achieve publicity to the cryptocurrency area.We encourage you to go to HIVE's YouTube channel <a target="_blank" href="https://api.newsfilecorp.com/redirect/1zGYoFLmnz" rel="nofollow noopener" data-ylk="slk:here" class="link ">here</a> to be taught extra about HIVE.For extra data and to register to HIVE's mailing listing, please go to <a target="_blank" href="https://api.newsfilecorp.com/redirect/ABWQeiWYz7" rel="nofollow noopener" data-ylk="slk:www.HIVEblockchain.com" class="link ">www.HIVEblockchain.com</a>. Observe <a target="_blank" href="https://api.newsfilecorp.com/redirect/Z457PHwPnv" rel="nofollow noopener" data-ylk="slk:@HIVEblockchain on Twitter" class="link ">@HIVEblockchain on Twitter</a> and subscribe to <a target="_blank" href="https://api.newsfilecorp.com/redirect/aV30Ws8WzO" rel="nofollow noopener" data-ylk="slk:HIVE's YouTube channel" class="link ">HIVE's YouTube channel</a>.On Behalf of HIVE Blockchain Applied sciences Ltd. "Frank Holmes" Government ChairmanFor additional data please contact: Frank Holmes Tel: (604) 664-1078Neither the TSX Enterprise Trade nor its Regulation Providers Supplier (as that time period is outlined in insurance policies of the TSX Enterprise Trade) accepts duty for the adequacy or accuracy of this information launch.Ahead-Trying Info Apart from the statements of historic reality, this information launch accommodates "forward-looking data" inside the that means of the relevant Canadian securities laws that's based mostly on expectations, estimates and projections as on the date of this information launch. "Ahead-looking data" on this information launch contains details about: enterprise targets and goals of the Firm; the outcomes of operations for the 9 months ended December 31, 2022; the HODL technique adopted by the Firm; the acquisition, deployment and optimization of the mining fleet and gear; the continued viability of its current Bitcoin mining operations; the Firm's operations and sustainable future profitability; potential additional enhancements to the profitability and effectivity throughout mining operations by optimizing cryptocurrency mining output, persevering with to decrease direct mining operations price construction, and maximizing current electrical and infrastructure capability together with with new mining gear in current services; continued adoption of Bitcoin globally; the potential for the Firm's long run progress; the enterprise targets and goals of the Firm, and different forward-looking data contains however shouldn't be restricted to data in regards to the intentions, plans and future actions of the events to the transactions described herein and the phrases thereon.Components that would trigger precise outcomes to vary materially from these described in such forward-looking data embrace, however usually are not restricted to, the volatility of the digital forex market; the Firm's potential to efficiently mine digital forex; the Firm could not be capable to profitably liquidate its present digital forex stock as required, or in any respect; a fabric decline in digital forex costs could have a major damaging influence on the Firm's operations; the volatility of digital forex costs; continued results of the COVID-19 pandemic could have a fabric opposed impact on the Firm's efficiency as provide chains are disrupted and forestall the Firm from finishing up its growth plans or working its property; safety of proprietary rights; the impact of presidency regulation and compliance on the Firm and the trade; community safety dangers; the flexibility of the Firm to keep up correctly working programs; reliance on key personnel; a rise in community problem could have a major damaging influence on operations; the anticipated progress and sustainability of hydroelectricity for the needs of cryptocurrency mining within the relevant jurisdictions; the lack to keep up dependable and economical sources of energy for the Firm to function cryptocurrency mining property; the dangers of a rise within the Firm's electrical energy prices, price of pure gasoline, adjustments in forex change charges, vitality curtailment or regulatory adjustments within the vitality regimes within the jurisdictions by which the Firm operates and the opposed influence on the Firm's profitability; future capital wants and uncertainty of extra financing; the costs at which the Firm could promote Widespread Shares in fairness issuances leading to dilution, in addition to capital market situations generally; the influence of vitality curtailment or regulatory adjustments within the vitality regimes within the jurisdictions by which the Firm operates; and different associated dangers as extra totally set out within the registration assertion of Firm and different paperwork disclosed below the Firm's filings at <a target="_blank" href="https://api.newsfilecorp.com/redirect/2JQxOsneLK" rel="nofollow noopener" data-ylk="slk:www.sec.gov/EDGAR" class="link ">www.sec.gov/EDGAR</a> and <a target="_blank" href="https://api.newsfilecorp.com/redirect/MZDW4cW4bR" rel="nofollow noopener" data-ylk="slk:www.sedar.com" class="link ">www.sedar.com</a>.This information launch additionally accommodates "monetary outlook" within the type of gross mining margins, which is meant to offer extra data solely and will not be an applicable or correct prediction of future efficiency and shouldn't be used as such. The gross mining margins disclosed on this information launch are based mostly on the assumptions disclosed on this information launch and the Firm's Administration Dialogue and Evaluation for the fiscal yr ended March 31, 2022, which assumptions are based mostly upon administration's greatest estimates however are inherently speculative and there's no assure that such assumptions and estimates will show to be right.The forward-looking data on this information launch displays the present expectations, assumptions and/or beliefs of the Firm based mostly on data presently obtainable to the Firm. In reference to the forward-looking data contained on this information launch, the Firm has made assumptions in regards to the Firm's potential to comprehend operational efficiencies going ahead into profitability; worthwhile use of the Firm's property going ahead; the Firm's potential to profitably liquidate its digital forex stock as required; historic costs of digital currencies and the flexibility of the Firm to mine digital currencies will probably be in keeping with historic costs; and there will probably be no regulation or legislation that may stop the Firm from working its enterprise. The Firm has additionally assumed that no vital occasions happen outdoors of the Firm's regular course of enterprise. Though the Firm believes that the assumptions inherent within the forward-looking data are affordable, forward-looking data shouldn't be a assure of future efficiency and accordingly undue reliance shouldn't be placed on such data as a result of inherent uncertainty therein. The Firm disclaims any intention or obligation to replace or revise any forward-looking data, whether or not on account of new data, future occasions or in any other case, apart from as required by legislation.1 Non-IFRS measure. A reconciliation to its nearest IFRS measures is supplied below "Reconciliations of Non-IFRS Monetary Efficiency Measures" under.<figure class="caas-figure"><div class="caas-figure-with-pb" style="max-height: 400px"><div><div class="caas-img-container caas-img-loader" style="padding-bottom:100%;"><img class="caas-img caas-lazy has-preview" alt="" src="https://s.yimg.com/ny/api/res/1.2/mYLq4B8naDt_rSwC9hDMPg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTcwNQ--/https://media.zenfs.com/en/newsfile_64/a785235de92f772a75f158ebb06c6923"/><noscript><img alt="" src="https://s.yimg.com/ny/api/res/1.2/mYLq4B8naDt_rSwC9hDMPg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTcwNQ--/https://media.zenfs.com/en/newsfile_64/a785235de92f772a75f158ebb06c6923" class="caas-img"/></noscript></div></div></div></figure>To view the supply model of this press launch, please go to <a target="_blank" href="https://api.newsfilecorp.com/redirect/bAY3qCxq57" rel="nofollow noopener" data-ylk="slk:https://www.newsfilecorp.com/release/155535" class="link ">https://www.newsfilecorp.com/release/155535</a></div>