GlobeNewswire Inc | Jan 19, 2022 08:30AM EST

January 19, 2022

NEW YORK, Jan. 19, 2022 (GLOBE NEWSWIRE) -- via InvestorWire Growth Capital Acquisition Corp. (NASDAQ: GCAC) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), one of 50+ trusted brands within the InvestorBrandNetwork (IBN), a multifaceted financial news and publishing company for private and public entities.

To view the full publication, LiDAR Supercharges Vehicle Vision and the Transportation Transformation, please visit: https://nnw.fm/TuFT8

It wont be long before autonomous driving will be a standard feature on cars. The next generation of automobiles will redefine the driving experience, and investors can participate in the transportation transformation in a variety of ways, including the upcoming public listing of a leading LiDAR company, Cepton Technologies, which aims to go public early this year in a SPAC merger with Growth Capital Acquisition Corp.

Cepton was chosen by General Motors Company (GM) as its sole-source provider of lidars for the period 20232027, with installation of Cepton-based lidar sensors in as many as nine different models. Cepton is also in various levels of engagement with all top-10 automotive OEMs

About Growth Capital Acquisition Corp.

GCAC is a Delaware blank-check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities in any industry or geographic region. GCAC is led by its co-CEOs, Akis Tsirigakis and George Syllantavos.

For more information about the company, visitwww.GCACorp.com.

NOTE TO INVESTORS:The latest news and updates relating to GCAC are available in the companys newsroom at https://ibn.fm/GCAC

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2)NetworkNewsBreaksthat summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in todays market, NNW brings its clients unparalleled visibility, recognition and brand awareness.

NNW is where news, content and information converge.

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NetworkNewsWire (NNW) New York, New Yorkwww.NetworkNewsWire.com 212.418.1217 OfficeEditor@NetworkNewsWire.com

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