Ambulant Inc. Announces Engagement of Investment Banking Firm Sutter Securities, Inc.

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Oregon Based Mobile Accessories Company Seeks Growth Capital

Ambulant, Inc. (“Ambulant” “Wingo” or the “Company”), a designer and manufacturer of ergonomic cases and accessories for smartphones and tablets under their Wingo brand, announced it has retained Sutter Securities, Inc. as its investment banking firm. Sutter Securities, under the direction of investment banking veteran Michael Jacks, helped the Company complete an initial round of growth funding that closed at the beginning of October 2020.

Sutter Securities’ senior bankers are dedicated to providing experienced professional assistance to their clients in the areas of financial advisory services, private placements, mergers and acquisitions, fairness opinions, business valuations and litigation support.

Michael Jacks, Head of Private Equity at Sutter Securities, stated “It was and is a pleasure to work with the team from Ambulant on their initial growth capital round. We are certainly looking forward to continuing to help and guide the team on moving the Company forward in its growth in this important and expanding business sector.”

Steve Elwell, Chief Executive Officer at Ambulant, stated “Working with seasoned veteran, Mike Jacks, and his team at Sutter made the process of raising our initial capital go smoothly. Having a team of investment professionals that are familiar with our overall industry makes all the difference when entering the capital markets. Mike and his team helped us refine our story for the investment community and have shown us that they are committed to helping us move to the next growth phase.”

About Sutter Securities Incorporated
Sutter Securities Incorporated is a full-service investment banking firm headquartered in San Francisco. The firm was formed in 1992 by senior investment bankers formerly with Bear, Stearns & Co. Inc. and PaineWebber Incorporated. Our senior bankers are dedicated to providing professional assistance to both institutional and high net-worth retail clients in the areas of private placements, public offerings, financial advisory services, securities trading, litigation support, business valuations, mergers and acquisitions, and corporate restructurings. Customer accounts are all carried by a major New York center clearing firm.

About Ambulant, Inc.
Ambulant, Inc. is based in Bend Oregon. The Company, through its Wingo brand, is a designer and manufacturer of ergonomic cases and accessories for smartphones and tablets. As the global population increasingly gravitates to the use of mobile devices rather than desktops and landlines, the incidence of associated problems related to repetitive stress injuries continues to increase. Ambulant, owner of the Wingo brand, is dedicated to enhancing the comfort and functionality of mobile devices. By combining advanced ergonomics and contemporary style, Ambulant is bridging the gap between functional and fashionable design for mobile technology. To learn more about the Company or its Wingo product line, please visit the corporate website at: https://wingocase.com/

Safe Harbor Statement
This press release may contain forward-looking statements, including information about management's view of Ambulant, Inc. (“the Company”), future expectations, plans and prospects. In particular, when used in the preceding discussion, the words “believes,” “expects,” “intends,” “plans,” “anticipates,” or “may,” and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this presentation other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of the Company, its subsidiaries and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on the Company’s future results. The forward-looking statements included in this presentation are made only as of the date hereof. The Company cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, the Company undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by Ambulant, Inc.

Investors Contact:
Hanover International
JH@Hanoverintlinc.com

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