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  • MIL-OSI United Kingdom: Procuring major events and responses to the TfL cyber-attack

    Source: Mayor of London

    Since their July 2024 report, EY, the external auditors of the GLA Group have made the following change: 

    • In light of the cyber-attack on TfL, the audit team will be required to “evaluate the effects of the attack on the scope of [their] work and reporting requirements” and the overall reporting timeline is likely to be delayed as limited system access hampered the GLA finance team’s ability to respond to audit requests.

    Tomorrow, the London Assembly Audit Panel will examine the GLA External Audit Status Report and the Corporate Risk Register, both of which contain responses to the TfL cyber-attack. The Panel will also discuss the Register of Gifts and Hospitality and the procurement exercise for the New Year’s Eve fireworks event.

    The guests are:

    • Stephen Reid, Partner, EY
    • Chloe Wilkinson, Audit Senior Manager, EY
    • Enver Enver, Interim Chief Finance Officer, GLA
    • Fay Hammond, Chief Finance Officer, GLA
    • David Esling, Head of Audit Assurance – Risk Management, MOPAC
    • Mark Woodley, Group Audit Lead, MOPAC
    • Karen Welsh, Senior Risk and Assurance Auditor, MOPAC
    • Dianne Tranmer, Executive Director Corporate Resources & Business Improvement, GLA

    The meeting will take place on Thursday, 17 October 2024 from 2pm, in the Chamber at City Hall, Kamal Chunchie Way, E16 1ZE.

    Media and members of the public are invited to attend.

    The meeting can also be viewed LIVE or later via webcast or YouTube.

    Follow us @LondonAssembly.

    MIL OSI United Kingdom –

  • MIL-OSI: PlayVS and Omnic.AI Enter into Game-Changing Partnership to Elevate Esports Performance

    Source: GlobeNewswire (MIL-OSI)

    BRUNSWICK, Ga., Oct. 16, 2024 (GLOBE NEWSWIRE) — PlayVS, the leading esports platform in North America, today announced a strategic partnership with Omnic.AI, a self-service platform that helps players game smarter with AI. The collaboration is set to transform how gamers refine their skills and achieve greater success in competitive play. 

    As a global leader in esports player performance data and analytics, Omnic.AI uses AI and machine learning to gather insights and perform a detailed analysis of gameplay for users. Their flagship platform, Omnic Forge, analyzes gaming footage and provides players with feedback and statistics to improve their performance in titles including Valorant, Fortnite, Rocket League, Overwatch2 and soon Madden. The new partnership will bring this cutting-edge technology to PlayVS’ vast community of gamers at no cost to high school students, helping them gain a competitive edge in their scholastic leagues. 

    Through Omnic, Forge players can upload five matches at a time and receive two basic insights per match in a free account. They can also match with pro players who share their gaming style and receive detailed match analysis data. Fore Plus players can upload unlimited matches and receive deeper analysis and insights into their gameplay. PlayVS will also assist in the initial training of Omnic Forge AI through esports coaches that will consult on the platform’s insights.

    “We’re excited to collaborate with PlayVS to bring our gaming analysis capabilities to a broader audience,” said Shaun Meredith, Omnic.AI Co-founder and CEO. “This partnership aligns perfectly with our mission to help gamers improve their skills, win more games, and have fun.”

    PlayVS is committed to making esports more accessible to youth, while also providing students with valuable skill building opportunities in STEM and leadership. Through its partnership with Omnic.AI, PlayVS aims to enhance the player experience by helping them better understand their in-game performance and integrate real-time feedback. This approach not only improves their gameplay, but also equips them with transferable skills such as critical thinking, adaptability, and effective communication—skills that are essential both in and out of the game.

    “Teaming up with Omnic.AI represents a significant leap forward in how we support and develop young gamers,” said Jon Chapman, PlayVS CEO. “Their innovative technology will help our community refine their skills and stand out among other gamers, empowering them to continue to refine their craft and reach new heights in and out of the world of esports.” 

    This collaboration between PlayVS and Omnic.AI is set to redefine the future of competitive gaming for youth players. By offering advanced AI analytical tools and skill development resources, PlayVS ensures that students are equipped to excel in esports and gain valuable life skills that will serve them beyond the game. Together, PlayVS and Omnic.AI aim to empower the next generation of players to achieve their full potential.

    Students 13 years and older who are interested in using Omnic Forge can sign up here.

    About PlayVS

    PlayVS (pronounced Play Versus) is North America’s leading scholastic esports platform, on a mission to unlock the many benefits of esports for players everywhere. PlayVS offers a single community in which players, coaches, educators and parents come together to compete, connect and grow through the power of esports. PlayVS is the official high school esports partner to the NFHS Network, the Special Olympics and state and regional organizations in the U.S. and Canada that offer officially sanctioned scholastic esports leagues. To learn more about PlayVS, users can visit https://playvs.com/.

    About Omnic.AI

    Omnic.AI is an AI platform for gaming designed to help users game smarter. The self-service platform uses computer vision and deep learning techniques to help every-day gamers, pros and content creators replace hours of manual work, anecdotal theory, and intuition with automation and personalized data driven insights. Omnic.AI was founded in 2021 by MIT alumnus and former nuclear engineer Shaun Meredith.

    Contact

    Press
    Omnic.AI
    info@omnic.ai

    The MIL Network –

  • MIL-OSI: Phunware Issues Letter to Stockholders and Announces Business Update

    Source: GlobeNewswire (MIL-OSI)

    Phunware Announces Next Generation AI-Driven SaaS Platform

    Targets expansion into the Global Mobile App Market expected to exceed $420 Billion by 2028

    AUSTIN, Texas, Oct. 16, 2024 (GLOBE NEWSWIRE) — Phunware, Inc. (NASDAQ: PHUN) (“Phunware” or the “Company“), a leader in cloud enterprise solutions for mobile applications and related technologies, today issued a letter to stockholders from Mike Snavely, the Chief Executive Officer of Phunware, providing an update on Phunware’s existing and new business units and performance and achievements during 2024. The letter provides insight into Phunware’s transition to a new generative AI-based software development platform and several other new business initiatives, and its avenues for continued growth and success in 2025.

    Dear Fellow Stockholders:

    A letter to Stockholders is often written after the end of the year to reflect on successes and challenges and to share insights for the road ahead. However, the past few years have been anything but a normal path for Phunware and as I reflect on my first year as CEO, I felt the time was right to update you on 2024 and to share our vision for 2025 and beyond.

    Our primary focus is to create value for our stockholders. One key measure of that is our market capitalization which has varied from $12M late last year to a high of about $120M in the first quarter, settling at about $55M as of the writing of this letter. It’s certain that some of our stockholders’ positions have benefited from this price volatility and some have not. We acknowledge this by saying that we have always acted, and will continue to act, in what we see as the best long-term interests of our stockholders.

    Often, volatility drives opportunity, and over the months we have used the trading volume and price volatility to raise capital to stabilize the balance sheet and to provide the capital required to think bigger.

    This letter explains what we intend to do with that capital. We couldn’t be more optimistic about our future, and I want to briefly share what we have been doing to strengthen our core business, enhance our operations and right-size our cost structure in service of our strategic vision. More importantly, I am excited to highlight new initiatives we are launching. I believe these steps will help the market at large see why we believe we are a great investment and that our best days are ahead of us.

    I’ll remind you of our recent performance: so far this year, we have lowered our cash burn by more than half and have increased sales by two orders of magnitude in the first half of 2024 as compared to the same period in 2023.

      Six Months Ended  
        2024     2023   Change
    Bookings (contracts executed) $ 1,746   $ 168   939 %
    Revenue   1,932     2,640   -27 %
    Gross profit   994     610   63 %
    Net loss from:      
    Continuing operations   (4,923 )   (8,126 ) 39 %
    Discontinued operations     (2,667 ) 100 %
    Loss per share from:      
    Continuing operations   (0.65 )   (3.90 ) 83 %
    Discontinued operations     (1.28 ) 100 %
                 

    We believe our sales engine is just getting underway

    As we move toward the end of the year and into 2025, we continue to do the blocking and tackling to continue to sell and grow revenue. We have been able to recruit seasoned sales and marketing talent to help us get our message out to more customers and to win more deals. We are also announcing various initiatives to unlock additional markets and to position ourselves as the most advanced and highest potential company in mobile globally.

    Our Software Business continues to evolve to pick up new efficiencies and to unlock new markets

    Phunware is a market leader in providing enterprise cloud solutions for mobile applications. Our location-based services and patented wayfinding technology sets us apart from our competitors, providing real-time indoor navigation with unmatched precision and customization. Our technology for seamless transition from indoor wayfinding to outdoor location sharing and geofencing is best in class. Phunware is widely known for creating first rate custom mobile applications for large enterprise customers with complex needs to engage with their end users and to facilitate profitable engagements and experiences.

    Our software development platform for mobile applications is currently designed to create fully customizable apps and provide related services for larger enterprises. In the first half of 2024, we have seen dramatic growth (939% over the comparable period in 2023) in bookings. Our customers like what we do for them and notably we are getting terrific word of mouth references, accelerating our growth in major customers. Finally, we have added new features and functionalities to our existing products, including artificial intelligence features like an AI Personal Concierge for property guests and Intelligent Reporting for property owners.

    Leveraging the Power of Generative AI, our Platform Will Enable Rapid Development and Monetization of Custom Mobile App Solutions

    Today, we are announcing the development of a new generative AI-based platform designed to democratize access to world-class design, user experience and content creation so that businesses of any size can design, create, build, and deploy high-quality custom mobile applications in days or even hours. By leveraging generative AI, we believe that the new platform will simplify mobile app design and content creation and drastically reduce the need for expensive and time-consuming design and development investments.   

    This platform marks the next chapter in Phunware’s evolution, building on a decade and a half of providing custom mobile app solutions to several thousand U.S. and global customers, including some of the most recognized Fortune 100 & 500 brands.  

    The platform is designed to harness and integrate the power of generative AI to enable all businesses to quickly develop and monetize custom mobile app solutions, making them accessible to small and medium-sized businesses. We also expect to add new AI-related features and functionalities to all of Phunware’s mobile app offerings, reinforcing our position as a leader and innovator in the continually-growing mobile app market.  

    Phunware’s Competitive Advantages in a Multi-Billion Dollar Global Mobile App Market1
    Our planned incorporation of AI into our SaaS platform is driven by our view that consumer engagement with mobile-first solutions and artificial intelligence technology will continue to play a critical role across industries. Key competitive advantages of this platform will include:

    • AI-Driven Customization: Generative AI frameworks provide customizable templates for rapid mobile app creation, reducing development costs and accelerating time-to-market, and include important features and functionalities such as AI-powered personal concierge and contextual engagement.
    • End-to-End Modular Design: Our independent software modules, such as location-based services, digital advertising tools such as programmatic advertising and real-time data analytics support flexible audience building and engagement strategies. 
    • Advanced Location-Based Services (LBS): Our market leading indoor navigation and outdoor geofencing systems continue to offer even more precise geopositioning and collection of user data using a combination of GPS, Wi-Fi, BLE, and sensor data for customized on-venue user engagement in sectors such as hospitality, healthcare, retail, residential, sports and convention centers, gaming facilities and other verticals involving large real properties or portfolios of properties. 
    • Data Analytics: Our enhanced review and analysis of data of mobile app usage and user behaviors support assessment of intent and other metrics to drive user engagement, conversion and retention. 
    • Multi-Industry Capability: Our platform is designed to provide low- or no-code custom mobile apps across a range of sectors, from hospitality and healthcare to other verticals such as advocacy, retail and ecommerce in the U.S. and other leading economies including China, Brazil and India. 

    The adoption of our generative AI-powered SaaS platform is expected to benefit our existing customers and all industry verticals and create meaningful opportunities for accessing new markets. Our platform is designed to automate the development intake process, reduce development costs and time-to-market, and enable innovation and user engagement through AI. We are leading the way to make AI-powered mobile applications accessible to enterprise and small and medium business customers alike. 

    We expect our new AI-powered SaaS platform will launch mid-2025. We also expect to further integrate AI and machine learning capabilities into our new platform in 2025. We intend to integrate AI-driven predictive analytics into the platform by Q3 2025, providing businesses with advanced tools for analyzing customer data to predict future behaviors. We also expect the new platform to offer seamless integrations of its mobile apps with additional cloud service providers, ensuring modern scalability, flexibility, efficiency and security for businesses of all sizes.  

    Digital Advertising Business

    We also have a growing business in providing digital advertising campaigns for a range of customers.  We work with agencies and directly with our own customers, from public companies to non-profit organizations to governmental entities. We place general awareness, performance-based and retargeting advertising campaigns for our customers, enabling them to successfully reach their audiences and achieve their marketing objectives. We have provided digital advertising and related placements to hundreds of customer campaigns in 2024 to date and continue to see strong demand for these services.

    We plan to expand our digital advertising platform in several additional ways. We intend to relaunch our programmatic advertising capabilities into our core mobile platform. This will enable us to help our customers conduct more efficient, scalable digital advertising campaigns through our platform and through partnerships or alliances with one or more third-party programmatic advertising platforms. The integrated solution will be designed to utilize generative AI to help our customers personalize their digital advertising campaigns to individual users based on behavior, preferences and demographics to enhance user engagement and increase conversions. Finally, we intend to serve a global audience with these capabilities, tied to our mobile application portfolio growth.

    Voter / Advocacy Engagement Business

    We are also planning to invest in the application of our AI-powered platform to advocacy and voter engagement. You will recall that we developed and implemented the Donald J. Trump 2020 Presidential Campaign app, a highly regarded and well received voter / advocacy engagement app.

    We think this was just the tip of the iceberg. Every election cycle, candidates set new records in spending and we believe that our AI-powered platform can help make that spend more impactful. Further, we believe that it is more important than ever for Phunware to help political candidates and voters connect, engage and participate in the voting process, and for individuals and organizations to become knowledgeable about, educate others about, and advocate for events, causes and issues that are important to them. Our platform can help them do just that.

    We plan to continue to use our AI-powered platform to develop custom mobile apps for election campaigns, political action committees, and other organizations to identify, engage and turn out voters. Our mobile advertising solutions will be a part of driving voter engagement as well.   We may invest in and partner with other technology providers and organizations that use mobile technologies to drive voter and advocacy engagement. We will likely pursue these opportunities both in the U.S. and with strategic partners and alliances globally.

    Financial Strength

    Our spend has been adjusted to fit the size of our business today and to focus investment on the future. We believe that sober execution against our business plan is the right way to deliver long-term stockholder value and we are focused on the careful stewardship of the company to bring our vision to life.

    1. We have zero debt and believe we have adequate access to the necessary resources to support our investments and sustain our business as we invest in the evolution and growth of our company
    2. We have seen dramatic improvement to our year-to-date software and advertising business bookings which we believe demonstrates a growing demand for our software and advertising offerings
    3. We are judiciously investing in sales, engineering, AI, marketing and business development to fulfill our vision for the company’s future

    We have not said much in the markets recently. In retrospect, we’ve probably said too little. Moving ahead, we intend to continue to provide our stockholders with additional updates on our businesses and products from time to time. Our focus will remain on platform launch, product roadmaps and timelines; innovation; operational efficiency; building thought leadership; and inorganic growth, including tactical and strategic acquisitions, investments, partnerships and alliances. And we will endeavor to keep stockholders advised of significant occurrences every step of the way.

    I’ll end where I started…I believe Phunware’s best days are ahead. We look forward to continuing to create and enhance value for our stockholders, customers, employees and the consumers who use our products.

    Thank you for your ongoing support.

    Mike Snavely

    Chief Executive Officer

    About Phunware  

    Phunware, Inc. (NASDAQ: PHUN) is an enterprise software company specializing in mobile app solutions. We provide businesses with the tools to create, implement and manage custom mobile applications and analytics, digital advertising and location-based services. Phunware is transforming mobile engagement by delivering scalable and personalized mobile app experiences.  

    Phunware’s mission is to achieve unparalleled connectivity and monetization through widespread adoption of Phunware mobile technologies, by leveraging brands, consumers, partners and digital asset holders and market participants. Phunware is poised to expand its software products and services audience and industry verticals through its new platform, utilize and monetize its patents and other intellectual property rights and interests, and update and reintroduce its digital asset ecosystem for existing holders and new market participants.  

    For more information, please visit https://www.ai.phunware.com or contact:   

    MZ Group, North America 
    Joe McGurk, Managing Director
    917-259-6895 
    PHUN@mzgroup.us 

    Phunware Investor Relations:  

    CORE IR 
    516-222-2560 
    investorrelations@phunware.com 

    Safe Harbor / Forward-Looking Statements  

    This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “expose,” “intend,” “may,” “might,” “opportunity,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would” and similar expressions that convey uncertainty of future events or outcomes are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. For example, Phunware is using forward-looking statements when it discusses the proposed offering and the timing and terms of such offering and its intended use of proceeds from such offering should it occur.  

    The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us. Future developments affecting us may not be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) and other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described under the heading “Risk Factors” in our filings with the SEC, including our reports on Forms 10-K, 10-Q, 8-K and other filings that we make with the SEC from time to time. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. These risks and others described under “Risk Factors” in our SEC filings may not be exhaustive.  

    By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We caution you that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and developments in the industry in which we operate may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if our results or operations, financial condition and liquidity, and developments in the industry in which we operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods. 

    ___________________________

    1 Grand View Research, Inc. Mobile Application Market Size, Share & Trends Analysis, July 2024: market size is projected to reach approximately $322 billion in 2026, $367 billion in 2027, and $421 billion in 2028.   

    The MIL Network –

  • MIL-OSI: Arq to Host Third Quarter 2024 Conference Call on November 7, 2024

    Source: GlobeNewswire (MIL-OSI)

    GREENWOOD VILLAGE, Colo., Oct. 16, 2024 (GLOBE NEWSWIRE) — Arq, Inc. (NASDAQ: ARQ) (the “Company” or “Arq”), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced the Company expects to release its third quarter 2024 financial results and file its Quarterly Report on Form 10-Q for the period ended September 30, 2024 before market open on November 7, 2024. A conference call to discuss the Company’s financial performance is scheduled to begin the same day at 8:30 a.m. Eastern Time.

    The conference call webcast information will be available via the Investor Resources section of Arq’s website at http://www.arq.com. Interested parties may participate in the conference call by registering at https://www.webcast-eqs.com/arq20241107. Alternatively, the live conference call may be accessed by dialing (800) 715-9871 or (646) 307-1963 and referencing Arq and/or Conference ID 9011669.

    A supplemental investor presentation will be available on the Company’s Investor Resources section of the website prior to the start of the conference call.

    A replay of the event will be made available shortly after the event and accessible via the same webcast link referenced above. Alternatively, the replay may be accessed by dialing (877) 660-6853 or (201) 612-7415 and entering Access ID 13749544. The dial-in replay will expire after November 14, 2024.  

    About Arq

    Arq (NASDAQ: ARQ) is a diversified, environmental technology company with products that enable a cleaner and safer planet while actively reducing our environmental impact. As the only vertically integrated producer of activated carbon products in North America, we deliver a reliable domestic supply of innovative, hard-to-source, high-demand products. We apply our extensive expertise to develop groundbreaking solutions to remove harmful chemicals and pollutants from water, land and air. Learn more at: http://www.arq.com.

    Source: Arq, Inc.

    Investor Contact:

    Anthony Nathan, Arq
    Marc Silverberg, ICR
    investors@arq.com

    The MIL Network –

  • MIL-OSI: Elevating Fulfillment Efficiency Across Your Entire Operation with the Berkshire Grey V3 Put Wall

    Source: GlobeNewswire (MIL-OSI)

    BEDFORD, Mass., Oct. 16, 2024 (GLOBE NEWSWIRE) — Berkshire Grey Inc., a leader in AI-powered robotic solutions for automating supply chain operations, announces the release of the V3 Put Wall, the latest iteration of its globally deployed solution. Designed to automate eCommerce order consolidation and returns processing, the V3 Put Wall provides a modern, integrated alternative to manual put walls and traditional linear sorters.

    More than just a point solution for sortation, the V3 Put Wall is a critical enabler of amplified efficiency in automated fulfillment systems. By seamlessly integrating with key technologies such as ASRS (Automated Storage and Retrieval Systems), the V3 Put Wall enhances overall warehouse operations, empowering businesses to manage complex orders, scale rapidly, and process a broader range of SKUs. Its compact footprint maximizes throughput while complementing existing automation infrastructures, offering the flexibility to fit into any environment.

    “The V3 Put Wall is a breakthrough in warehouse automation,” said Paul Ambruso, VP Product, at Berkshire Grey. “When paired with ASRS and other complementary systems, it acts as a force multiplier, boosting the value of existing automation investments.”

    Key Features of the V3 Put Wall Include:

    • Complete SKU and Order Handling: Optimized to handle a wide range of SKUs—including small, oversized, irregular, and hard-to-handle items—minimizing the need for manual exception handling and processing even the most complex orders efficiently.
    • Compact and Customizable Design: Requiring just 540 sq ft, the V3 Put Wall easily fits into existing facilities, whether installed on the floor or mezzanines. It offers end or middle induction options, along with modular shelves or totes that can be reconfigured as business needs evolve.
    • Faster Return on Investment (ROI): V3 offers the best performance-to-cost ratio, with typical customer paybacks under 1 year.
    • Orchestration and Integration: Advanced software amplifies order processing by dynamically adjusting sort locations and integrating seamlessly with upstream automation systems like ASRS. This reduces manual labor, improves fulfillment efficiency, and ensures high throughput, even during peak times.
    • High Throughput and Scalable Destination Capacity: Expandable to over 10,000 units per hour (UPH) and thousands of destinations, the V3 Put Wall significantly enhances order processing speed and accuracy.

    “The V3 Put Wall is the complete solution for businesses seeking to transform their fulfillment operations,” said Paul. “By acting as a critical link in the automation chain, it amplifies the value of ASRS and other systems, enabling businesses to service more orders simultaneously and with greater accuracy. This means quicker order fulfillment, lower labor costs, and seamless integration into existing operations—delivering unmatched value.”

    Ideal for industries such as retail, eCommerce, 3PL, and omnichannel distribution, the V3 Put Wall offers scalable, efficient solutions for managing high order volumes. Set for deployment in 2025, the V3 Put Wall provides customizable sortation capabilities, delivering industry-leading efficiency and maximizing the performance of a fully automated fulfillment ecosystem.

    For more information about the V3 Put Wall and Berkshire Grey’s full portfolio of robotic automation solutions, visit http://www.berkshiregrey.com.

    About Berkshire Grey

    Berkshire Grey Inc. helps customers radically change the essential way they do business by delivering game-changing technology that combines AI and robotics to automate fulfillment, supply chain, and logistics operations. Berkshire Grey solutions are a fundamental engine of change that transforms pick, pack, place, and sort operations to deliver competitive advantage for enterprises serving today’s connected consumers. Berkshire Grey customers include Global 100 retailers and logistics service providers. More information is available at http://www.berkshiregrey.com.

    Media Contact:

    Cailin Radcliffe
    Berkshire Grey Inc.
    press@berkshiregrey.com

    The MIL Network –

  • MIL-OSI: Enphase Energy Launches IQ8X Microinverters in the Netherlands and Austria, and IQ8 Series in Malta and New Caledonia

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today announced that it has started shipping IQ8™ Microinverters to support newer, high-powered solar panels in select countries and territories, including the Netherlands, Austria, Malta, and New Caledonia. Enphase is entering the solar markets for Malta and New Caledonia for the first time with this launch.

    In Malta, Enphase introduced three microinverters – IQ8MC™, IQ8AC™, and IQ8HC™ – featuring a peak output power of 330 W, 366 W, and 384 W, respectively. In New Caledonia, Enphase introduced the IQ8AC and IQ8HC Microinverters. The new microinverters seamlessly pair with a full range of solar modules up to 560 W DC. IQ8 Microinverters activated in Malta and New Caledonia come with a 25-year warranty from Enphase.

    “New Caledonia’s climate and unique geography makes system reliability and production crucial,” said Damien Keyser, director at Green Energy NC, an installer of Enphase products in New Caledonia. “IQ8 Microinverters have exceeded our expectations in this regard. Their robust performance, coupled with Enphase’s industry-leading warranty, gives our clients confidence their investment is protected for the long haul.”

    “Enphase IQ8 Microinverters maximize quality, reliability, and performance,” said Ing. Mario Cachia, CEO and director of business at Alternative Technologies Ltd., an installer of Enphase products in Malta. “Their seamless integration and module-level monitoring allow our clients to manage self-consumption and navigate peak pricing. In our dynamic energy market, this smart technology is a game-changer.”

    IQ8X™ Microinverters are also available now for customers in the Netherlands and Austria and feature a peak output AC power of 384 W, designed to support higher powered solar modules up to 560 W DC. The microinverters are compatible with modules with higher cell counts, such as 96-cells and 88 or 80 half-cut cells.

    “Enphase IQ8 Microinverters have transformed our approach to solar installations,” said Tim Montfrooij, project manager at Koller Hattem BV, an installer of Enphase products in the Netherlands. “The ease of installation coupled with the ability to support a wide range of module wattages gives us the flexibility to design efficient, optimized systems tailored to our clients’ needs.”

    “Enphase is setting a new industry standard with its ongoing innovation and commitment to quality,” said Florian Morche, technical manager at Energieversorgung Kleinwalsertal GesmbH, an installer of Enphase products in Austria. “The superior performance and reliability of IQ8 Microinverters mean that our customers can enjoy peace of mind knowing their solar systems will perform optimally for years to come.”

    “IQ8 Microinverters are transforming residential solar with a reputation for top-tier adaptability and performance,” said Sabbas Daniel, senior vice president of sales at Enphase Energy. “We are empowering installers with technology to help simplify installations and maximize energy production for homeowners. This expansion reinforces our commitment to driving innovation in diverse markets worldwide.”

    For more information about IQ8 Microinverters, please visit the Enphase websites for Malta and New Caledonia. Learn more about the IQ8X Microinverters on the websites for the Netherlands and Austria. 

    About Enphase Energy, Inc.

    Enphase Energy, a global energy technology company based in Fremont, CA, is the world’s leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power—and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped approximately 76.3 million microinverters, and over 4.3 million Enphase-based systems have been deployed in more than 150 countries. For more information, visit https://enphase.com/.

    ©2024 Enphase Energy, Inc. All rights reserved. Enphase Energy, Enphase, the “e” logo, IQ, and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks or service marks of Enphase Energy, Inc. in the U.S. and other countries. Other names are for informational purposes and may be trademarks of their respective owners.

    Forward-Looking Statements

    This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy’s technology and products, including safety, quality, and reliability; the ability to seamlessly pair with a full range of solar modules up to 560 W DC; the availability and market adoption of Enphase’s products in select markets; and plans on entering new markets. These forward-looking statements are based on Enphase Energy’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties including those risks described in more detail in Enphase Energy’s most recently filed Quarterly Report on Form 10-Q, Annual Report on Form 10-K, and other documents filed by Enphase Energy from time to time with the SEC. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.

    Contact:

    Enphase Energy

    press@enphaseenergy.com

    This press release was published by a CLEAR® Verified individual.

    The MIL Network –

  • MIL-OSI: Condor’s Initial Artificial Lift Program Increases Well Productivity by 100% to 300%

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, Oct. 16, 2024 (GLOBE NEWSWIRE) — Condor Energies Inc. (“Condor” or the “Company”) (TSX: CDR), a Canadian based energy transition company is pleased to provide an operational update for its eight gas field production enhancement project in Uzbekistan.

    Production for the third quarter of 2024 averaged 10,010 boepd with corresponding sales of $19 million. During the third quarter, the Company started a multi-well workover program, and the initial results are exceeding expectations. Seven made-in-Canada artificial lift systems (“plunger lifts”) have been installed with the initial three wells adding a cumulative 330 boepd of incremental production. The corresponding gas flow rates are 100% to 300% higher than prior to the workovers based on 24 hour production tests of each well. The four other wells are currently being reactivated and expected to be producing shortly.

    In addition to further plunger lift installations, the ongoing workover program will also perforate by-passed and new gas reservoir intervals that were recently identified from an ongoing logging program and detailed reviews of the existing well stock.

    Given the initial workover program successes, the Company has contracted a second workover rig to begin activities by early November 2024. With over 100 wells in the eight fields, there is a large inventory of both producing and shut-in wells available for evaluation, recompletion and optimization opportunities to profitably grow production.

    The Company is currently installing a made-in-Canada in-line flow separation system which separates water from the gas streams at the field gathering network rather than at the production facility. This will reduce pipeline flow pressures that can lead to higher reservoir flow rate. This technology has been successfully deployed in similar conditions in Western Canada and is expected to be operational by early November 2024. Additional systems are being manufactured for installation in the coming months.

    Don Streu, President and CEO of Condor commented: “We are very excited that the initial workover program results are greatly exceeding expectations. Early operational learnings have reduced subsequent workover days and well reactivation times. As the second workover rig ramps up, we are confident production rates will materially increase as there will be a larger inventory of enhanced wells returning to production. We also anticipate the proven in-line flow separators will add incremental production during this quarter.

    “In parallel with our production enhancement activities, we’ve implemented our safety culture through ongoing employee and contractor training which has resulted in zero lost time and environmental incidents since the start of the project.”

    ABOUT CONDOR ENERGIES INC

    Condor Energies Inc is a TSX-listed energy transition company that is uniquely positioned on the doorstep of European and Asian markets with three distinct first-mover initiatives: increasing natural gas and condensate production from its existing fields in Uzbekistan; an ongoing project to construct and operate Central Asia’s first LNG facility in Kazakhstan; and a separate initiative to develop and produce lithium brine in Kazakhstan. Condor has already built a strong foundation for reserves, production and cashflow growth while also striving to minimize its environmental footprint.

    FORWARD-LOOKING STATEMENTS

    Certain statements in this news release constitute forward-looking statements under applicable securities legislation. Such statements are generally identifiable by the terminology used, such as “anticipate”, “appear”, “believe”, “intend”, “expect”, “plan”, “estimate”, “budget”, “outlook”, “scheduled”, “may”, “will”, “should”, “could”, “would”, “in the process of” or other similar wording. Forward-looking information in this news release includes, but is not limited to, information concerning: the timing and ability to install additional plunger lift systems; the timing and ability to reactivate four other wells; the timing and ability to perforate by-passed and new gas reservoir intervals that were recently identified; the timing and ability to contract a second workover rig to begin activities by early November 2024; the timing and ability to install and commission the inline flow separator by November 2024; the timing and ability of the inline separator to reduce pipeline flow pressures that can lead to higher reservoir flow rates; the timing and ability to manufacture additional separation units for installation in the coming months; the timing and ability to reduce subsequent workover days and well reactivation times; the timing and ability to materially increase production rates; and the timing and ability for the in-line flow separators to add incremental production during this quarter.

    ABBREVIATIONS

    The following is a summary of abbreviations used in this news release:
       
    boepd Barrels of oil equivalent per day
    $ Canadian dollars
       

    The TSX does not accept responsibility for the adequacy or accuracy of this news release.

    For further information, please contact Don Streu, President and CEO or Sandy Quilty, Vice President of Finance and CFO at 403-201-9694.

    The MIL Network –

  • MIL-OSI: TransUnion Analysis Finds Fraud Costing Businesses Equivalent of Nearly 7% of Revenues

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, Oct. 16, 2024 (GLOBE NEWSWIRE) — A global TransUnion (NYSE: TRU) analysis found that fraud continues to significantly impact businesses and their bottom lines. The newly released H2 2024 Update to the State of Omnichannel Fraud Report, which explores fraud trends in the first half (H1/January 1-June 30, 2024) of this year, also found that the lender risk exposure to synthetic identities for U.S. auto loans, bank credit cards, retail credit cards and unsecured personal loans reached their highest point ever.

    Among the key findings in the report were the results of a TransUnion survey of more than 800 business leaders in Canada, India, the U.K. and the U.S. which revealed total fraud losses of 6.5% equivalent of their companies’ revenue. This totaled approximately $359 billion among these business leaders’ organizations, a number which projects out exponentially greater when considering these represent only a small percentage of business leaders. Among those surveyed in the U.S., they said their company lost the equivalent of 6.7% of their revenue due to fraud over the past year, totaling $112 billion.

    In addition, 75% of the global survey respondents said that every type of fraud they measured stayed the same or increased year-over-year (YoY). Nearly half of respondents indicated that scam/authorized fraud, wherein a person is tricked into giving up something of value, saw the greatest YoY increase. It was also the most common cause of fraud loss according to global respondents at 31% and US respondents at 35%. In fact, in the U.S., this was more than double the next most common cause of fraud losses – synthetic identity fraud at 17%.

    “Protecting customers and their businesses from fraud is essential to enabling safe and tailored consumer experiences. These findings reveal that despite the good-faith efforts that are being undertaken by global organizations to identify and prevent fraud to date, fraudsters continue to evolve and it’s vital that fraud prevention methods keep up with the changing times,” said Steve Yin, global head of fraud at TransUnion. “Business that aren’t already doing so should ensure that they are taking advantage of fraud prevention technologies such as identity verification, IP intelligence, device reputation and synthetic identity detection as critical components of their fraud prevention programs.”

    According to proprietary insights from TransUnion’s global intelligence network, the global rate of suspected Digital Fraud remained stubbornly high in H1 2024 at 5.2% of all transactions. For transactions where the consumer was located in the U.S., 4.6% of digital transactions were suspected to be fraudulent over the period. Breaking it down by the industry, the highest rate of suspected Digital Fraud for transactions where the consumers were in the U.S. was the gaming sector, for which 13.3% of all transactions in that industry were suspected to be fraudulent in H1 2024.

    Synthetic Identity Lending Exposure Reaches New Record High

    Potentially driven in part by the wealth of stolen identities acquired via data breaches, accounts opened using synthetic identities continue to put lenders at risk. In fact, the increases among overall lender exposure to synthetic identities for US auto loans, bank credit cards, retail credit cards and unsecured personal loans continued in H1 2024. TransUnion documented such exposure rising from $3.0 billion in H1 2023 to $3.2 billion in H1 2024, an all-time high and growth of 7% YoY. The share of accounts opened for the four tradelines by synthetic identities rose 18% YoY, also reaching an all-time high.

    The auto loan industry continued to be the most impacted by lender exposure to synthetic identities among the four tradelines, accounting for $2.0 billion of the total in H1 2024, the fourth consecutive first half of the year in which auto has seen the greatest exposure. In fact, since surpassing bankcards in H1 2021, auto loan exposure is now double that of bankcard, which is currently at $1.0 billion.

    “Fraudsters are increasingly using synthetic identities to accumulate balances, particularly targeting the auto industry,” said Yin. “Unfortunately, this warrants attention to as the market is now facing a rising threat of charge-offs.”

    Lender Exposure to Synthetic Identities Continues to Trend Upward, Led by Auto

      End of H1 2020 End of H1 2021 End of H1 2022 End of H1 2023 End of H1 2024
    Auto Loans $871M $869M $1.3B $1.8B $2.0B
    Bankcards $966M $783M $951M $1.1B $1.0B
    Retail Credit Cards $250M $183M $157M $145M $121M
    Unsecured Personal Loans $48M $36M $57M $57M $52M
    Totals $2.1B $1.9B $2.4B $3.0B $3.2B

    Source: TransUnion TruValidate™ data

    The percentage of newly-opened accounts connected to synthetic identities has also seen a steady rise since 2020, and in H1 2024 stood at 0.20% of all accounts associated with the four tradelines in the table above. The tradeline with the highest percentage in H1 2024 was bank card, which was at 0.33% for the period, followed closely by auto loans at 0.27%.

    Industry Perspective: Online Forums and Dating Sites Most Impacted by Digital Fraud in H1 2024

    In H1 2024, the communities industry – which includes web properties like online forums and dating sites – experienced the largest percentage (11.5%) of suspected Digital Fraud globally. This represents a 23% increase over H1 2023. TransUnion’s communities customers reported profile misrepresentation as the most frequent type of fraud they witnessed in H1 2024. Not surprisingly, the communities industry had the highest suspected Digital Fraud rate in seven of the 19 countries and regions analyzed in H1 2024.

    In terms of global volume, synthetic identity fraud was the fastest-growing Digital Fraud type across industries from H2 2023 to H1 2024, increasing by 153%. Electronic fund transfers fraud saw the highest YoY growth, up 113% from H1 2023 to H1 2024. However, promotion abuse, which is defined as consumers or fraudsters taking advantage of marketing offers to receive unintended financial incentives, was the most common Digital Fraud type globally in H1 2024, with 3.6% of Digital Fraud reported to TransUnion by its customers.

    TransUnion came to its conclusions about Digital Fraud based on intelligence from its identity and fraud product suite that helps secure trust across channels and delivers efficient consumer experiences – TransUnion TruValidate. The rate or percentage of suspected Digital Fraud attempts reflect those that TransUnion customers determined met one of the following conditions: 1) denial in real time due to fraudulent indicators, 2) denial in real time for corporate policy violations, 3) determined to be fraudulent upon customer investigation, or 4) determined to be a corporate policy violation upon customer investigation —compared to all transactions it assessed for fraud. 

    Download the TransUnion H2 2024 Update to the State of Omnichannel Fraud Report to learn more. Specific country and regional data in the report include the United States, Botswana, Brazil, Canada, Chile, Colombia, the Dominican Republic, Hong Kong, India, Kenya, Mexico, Namibia, the Philippines, Puerto Rico, Rwanda, South Africa, Spain, the United Kingdom and Zambia.

    For more information and insights about the global fraud trends, please download the report. Consumers who believe they may be a victim of fraud can find resources and information here.

    About TransUnion (NYSE: TRU)

    TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world.
    http://www.transunion.com/business

    Contact Dave Blumberg
      TransUnion
       
    E-mail david.blumberg@transunion.com
       
    Telephone 312-972-6646

    The MIL Network –

  • MIL-OSI: As Occupational Safety Concerns Grow, Ironwall by Incogni Offers Free Privacy Risk Assessment to Anyone in Public-facing, At-risk Professions

    Source: GlobeNewswire (MIL-OSI)

    ORANGE, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) — As privacy and safety become more pervasive issues—particularly for those in public-facing, at-risk professions—Ironwall by Incogni is stepping up to help combat the potential dangers brought about by easy access to online data. Through a complimentary risk assessment offer, the company aims to inform individuals such as judges, police officers, social workers, and election workers about the potential exposure of their personally identifiable information (PII) and the risks it poses to their safety.

    “There are more than 4,000 data brokers collecting, sharing, and selling personally identifiable information about all of us all the time,” said Ron Zayas, CEO of Ironwall by Incogni. “Most people have a sense there is information available about them on the internet. But until they see how vast that volume of information is and how many ways it can be exploited, they will not fully understand the risk to themselves, their families, and their workplaces.”

    To address these concerns, Ironwall has created a personalized risk assessment to help professionals gain specific insight into not just which websites are sharing and selling their PII, but also how this content can be used to uncover more sensitive information—such as an individual’s habits, relationships, politics, and affiliations—and how that knowledge can potentially be weaponized.

    “For those in high-risk professions, just one malicious individual finding your home address online can lead to harassment, threats, or worse,” added Zayas. “With one easy-to-read risk assessment, it is our hope that anyone who sees their vulnerability will take action to keep themselves and their loved ones safe.”

    Ironwall by Incogni’s Suite of Services
    Ironwall by Incogni’s comprehensive privacy services go beyond data broker removal. The company performs a thorough search for PII across search engines, social media platforms, and people-finder sites. It also offers emergency protection for active threats, and preventive solutions that mask online activity by replacing authentic PII with content that cannot be traced back to its source.

    For a complimentary risk assessment and to learn more about how to protect your privacy, visit Ironwall Risk Assessment.

    Images to accompany this release can be found here.

    About Ironwall by Incogni
    Ironwall by Incogni strongly supports the idea of a safe and private internet. As a legally contracted agent, Ironwall works with superior courts, social work departments, and law enforcement agencies to search and remove personal information from websites in violation of state and federal privacy restrictions. Ironwall is a member of the Surfshark and NordSec family of companies. For more information, visit https://ironwall360.com/.

    Editorial Contact:
    David Hofstede
    844-476-6360 x600
    david.hofstede@360civic.com

    The MIL Network –

  • MIL-OSI: TeraWulf Appoints John Larkin as Director of Investor Relations

    Source: GlobeNewswire (MIL-OSI)

    EASTON, Md., Oct. 16, 2024 (GLOBE NEWSWIRE) — TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today announced the appointment of John Larkin as Senior Vice President, Director of Investor Relations. In this role, Mr. Larkin will report to Chief Executive Officer Paul Prager.

    “John’s extensive experience in financial strategy and investor engagement will be critical as TeraWulf continues to scale and execute our growth plans,” said Paul Prager. “His deep expertise in capital markets will bolster our relationships with institutional investors and sharpen the communication of our financial performance and strategic milestones.”

    With over 25 years of experience in capital markets across buy-side and sell-side roles, Mr. Larkin brings extensive knowledge and insight to TeraWulf. Most recently, he served as Chief Operating Officer at Connacht Asset Management. Before that, he spent nearly a decade at Susquehanna International Group, where he led the Event-Driven/Special Situations Desk and served as Assistant Director of Research. Mr. Larkin began his career at Citigroup, holding a variety of key positions.  

    “I’m thrilled to join TeraWulf during such an exciting and transformative period for the Company,” said John Larkin. “With its forward-thinking approach to sustainable digital infrastructure and rapid growth, TeraWulf is uniquely positioned to capture increased attention from the investment community. I look forward to driving investor engagement and contributing to the Company’s long-term success.”

    About TeraWulf

    TeraWulf develops, owns, and operates environmentally sustainable, next-generation data center infrastructure in the United States, specifically designed for Bitcoin mining and high-performance computing. Led by a team of seasoned energy entrepreneurs, the Company owns and operates the Lake Mariner facility situated on the expansive site of a now retired coal plant in Western New York. Currently, TeraWulf generates revenue primarily through Bitcoin mining, leveraging predominantly zero-carbon energy sources, including nuclear and hydroelectric power. Committed to environmental, social, and governance (ESG) principles that align with its business objectives, TeraWulf aims to deliver industry-leading economics in mining and data center operations at an industrial scale.

    Forward-Looking Statements
    This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements include statements concerning anticipated future events and expectations that are not historical facts. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements. In addition, forward-looking statements are typically identified by words such as “plan,” “believe,” “goal,” “target,” “aim,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict,” “should,” “would” and other similar words and expressions, although the absence of these words or expressions does not mean that a statement is not forward-looking. Forward-looking statements are based on the current expectations and beliefs of TeraWulf’s management and are inherently subject to a number of factors, risks, uncertainties and assumptions and their potential effects. There can be no assurance that future developments will be those that have been anticipated. Actual results may vary materially from those expressed or implied by forward-looking statements based on a number of factors, risks, uncertainties and assumptions, including, among others: (1) conditions in the cryptocurrency mining industry, including fluctuation in the market pricing of bitcoin and other cryptocurrencies, and the economics of cryptocurrency mining, including as to variables or factors affecting the cost, efficiency and profitability of cryptocurrency mining; (2) competition among the various providers of cryptocurrency mining services; (3) changes in applicable laws, regulations and/or permits affecting TeraWulf’s operations or the industries in which it operates, including regulation regarding power generation, cryptocurrency usage and/or cryptocurrency mining, and/or regulation regarding safety, health, environmental and other matters, which could require significant expenditures; (4) the ability to implement certain business objectives and to timely and cost-effectively execute integrated projects; (5) failure to obtain adequate financing on a timely basis and/or on acceptable terms with regard to growth strategies or operations; (6) loss of public confidence in bitcoin or other cryptocurrencies and the potential for cryptocurrency market manipulation; (7) adverse geopolitical or economic conditions, including a high inflationary environment; (8) the potential of cybercrime, money-laundering, malware infections and phishing and/or loss and interference as a result of equipment malfunction or break-down, physical disaster, data security breach, computer malfunction or sabotage (and the costs associated with any of the foregoing); (9) the availability, delivery schedule and cost of equipment necessary to maintain and grow the business and operations of TeraWulf, including mining equipment and infrastructure equipment meeting the technical or other specifications required to achieve its growth strategy; (10) employment workforce factors, including the loss of key employees; (11) litigation relating to TeraWulf and/or its business; and (12) other risks and uncertainties detailed from time to time in the Company’s filings with the Securities and Exchange Commission (“SEC”). Potential investors, stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. TeraWulf does not assume any obligation to publicly update any forward-looking statement after it was made, whether as a result of new information, future events or otherwise, except as required by law or regulation. Investors are referred to the full discussion of risks and uncertainties associated with forward-looking statements and the discussion of risk factors contained in the Company’s filings with the SEC, which are available at http://www.sec.gov.

    Company Contact:
    Jason Assad
    Director of Corporate Communications
    assad@terawulf.com
    (678) 570-6791

    The MIL Network –

  • MIL-OSI Security: The Challenge Behind the Coin: HM2 Huitt’s journey through service

    Source: United States Navy (Medical)

    Hospital Corpsman 2nd Class Brylea Huitt, a proud native of Dallas, Texas, has carved out a distinguished path in the Navy, blending her passion for healthcare with service to her country.

    Starting as a nurse’s assistant at the young age of just 16, Huitt’s calling to serve others naturally led her to the Navy, where she took on the role of a Corpsman.

    “Joining the Navy was a clear choice for me — it allowed me to serve my country while pursuing my passion for helping others,” she said.

    Huitt arrived at Naval Medical Readiness and Training Command (NMRTC) Twentynine Palms in Dec. 2022 and plans to separate from the Navy in Jan. 2025.

    Throughout her career, challenge coins have become meaningful symbols of her most memorable experiences in the Navy, each representing a personal story.

    Challenge coins have a long-standing tradition in military history, believed to date back to World War I, when service members carried coins as symbols of camaraderie and loyalty. Over the years, these coins have evolved into personalized tokens that represent unit pride, special achievements, or moments of recognition. Often given by commanding officers or peers, challenge coins serve as a meaningful reminder of the bonds formed and the milestones reached throughout a service member’s career.

    Out of the many challenge coins Huitt has earned, three stand out as her favorites.

    The First Coin: Gifted from an Admiral

    Huitt’s most cherished challenge coin came as a surprise, as it was given to her by an Admiral.

    “My top favorite challenge coin is the first one I ever received, which was from Rear Admiral Timothy Weber,” Huitt recalled. “During my time as a Hospital Apprentice at the 13 Area Branch Clinic at Camp Pendleton, I had the honor of giving him a tour and discussing all the impactful work we were doing there. Although I was initially nervous, it turned into a moment of immense pride for me.”

    “Naval Medical Forces Pacific” is engraved on the coin. Naval Medical Forces Pacific is a key command within the U.S. Navy’s medical structure, overseeing Navy Medicine’s healthcare operations and support across the Pacific region. It provides medical expertise, readiness, and support to naval and joint forces, ensuring that service members are healthy, prepared, and able to perform their duties. It also plays a vital role in supporting humanitarian missions, disaster relief efforts, and maintaining force readiness in the Indo-Pacific area.

    The coin represents a significant moment of recognition in the early days of Huitt’s career.

    The Second Coin: A Scorpion from Bahrain

    Her second favorite coin, shaped like a scorpion, was earned during her deployment from NMRTC Twentynine Palms to Isa Air Base in Bahrain. Modeled after the local ‘death stalker’ scorpion, the coin features the U.S. and Bahraini flags.

    “I received this while serving at the Expeditionary Medical Clinic, where I cared for multiple deployed units and took on the roles of MEDEVAC (Medical Evacuation) coordinator and SAPR (Sexual Assault Prevention and Response) Victim’s Advocate,” Huitt explained.

    The coin serves as a reminder of her pivotal role in supporting both the medical and emotional needs of her fellow service members.

    The Third Coin: A Holographic Caduceus

    Huitt’s third favorite coin is a holographic caduceus that comes complete with a removable sword.

    “This thoughtful gift from the Physical Therapy department during deployment (to Bahrain) holds special significance to me, as it features the Hospital Corpsman Pledge on the back,” said Huitt.

    The Hospital Corpsman Pledge highlights the Corpsman’s dedication to providing compassionate and skilled medical care to all service members. It emphasizes loyalty to the Navy, maintaining the highest standards of performance, and upholding the trust placed in them by both patients and the Navy. The pledge reflects a commitment to preserving life, relieving suffering, and upholding professional ethics in every aspect of their duty.

    Looking back on her years serving at NMRTC Twentynine Palms, Huitt’s deployment to Bahrain stands out as one of her most memorable experiences.

    “It provided me with invaluable opportunities to travel to three different countries, assist diverse groups of locals and service members, and immerse myself in cultures I might never have experienced otherwise,” she exclaimed.

    Huitt’s time as a Sailor in the Navy may be coming to a close, but her days of serving others in a healthcare setting are far from over.

    “After separation from the Navy, I plan to return to Texas and begin school to become a Radiology Technician,” Huitt shared.

    Huitt’s story helps exemplify the significance of challenge coins to service members — each one a tangible reminder of the dedication, service, and connections she has built throughout her career.

    MIL Security OSI –

  • MIL-OSI Security: Virtual Meeting of the Chief FOIA Officers Council

    Source: United States Department of Justice

    The Office of Information Policy (OIP) is pleased to announce that the Chief FOIA Officers (CFO) Council will hold a virtual meeting on Thursday, November 7th 2024 from 10:00 AM to 12:00 PM ET.    

    The CFO Council meeting is open to all agency FOIA professionals and members of the public.  Time will be provided for members of the public to address the Council.  Registration is required on Eventbrite.  All attendees must register by 11:59 PM ET on Monday, November 4, 2024.  The meeting will also be livestreamed on the National Archives’ YouTube channel.

    In accordance with the FOIA Improvement Act of 2016, the Chief FOIA Officers Council is tasked with developing recommendations, sharing best practices, and developing and coordinating initiatives to improve agency FOIA administration.  The Council is co-chaired by the Directors of OIP and OGIS and is comprised of each agency Chief FOIA Officer and the Deputy Director for Management of the Office of Management Budget.

    Do you have ideas for future meeting topics and potential panelists?  Please email us at DOJ.OIP.FOIA@usdoj.gov. 

    MIL Security OSI –

  • MIL-OSI Security: Gang behind ATM attacks taken down

    Source: Europol

    Unscrupulous attacks with severe collateral damageFor several years now, perpetrators have increasingly been using solid explosives – originating mainly from fireworks – to blow up ATMs. This has significantly augmented the danger and collateral damage of their attacks. The criminals, who are often based in the Netherlands, take extreme risks and act unscrupulously, both at the crime scene and when…

    MIL Security OSI –

  • MIL-OSI China: Xi urges Fujian to play pioneering role in China’s modernization drive

    Source: People’s Republic of China – State Council News

    XIAMEN, Oct. 16 — President Xi Jinping has urged east China’s Fujian Province to play a pioneering role in the country’s modernization drive by staying committed to its development goals.

    Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, made the remarks during an inspection tour in the coastal province on Tuesday and Wednesday.

    MIL OSI China News –

  • MIL-OSI Africa: GITEX DIGI_HEALTH 5.0 Dubai showcases the future of Artificial Intelligence (AI)-driven innovations

    Source: Africa Press Organisation – English (2) – Report:

    DUBAI, United Arab Emirates, October 16, 2024/APO Group/ —

    • Innovators and leaders from the most influential medical labs, hospitals, healthcare institutions, research centres and academia gathered in Dubai to discuss AI opportunities
    • Neurology and remote patient monitoring were among the key topics on the agenda for discussion
    • Tech enterprises and providers showcased the most impactful digital solutions to accelerate connectivity and drive transformation

    Transformative health tech solutions were at the heart of conversations at GITEX GLOBAL’s GITEX DIGI_HEALTH 5.0 Dubai (www.GITEX.com), where thousands of tech enthusiasts and healthcare pioneers converged at Dubai World Trade Centre (DWTC) for a day of future health discussions.

    The world’s largest tech event provided a platform to showcase the latest AI-driven digital health and health tech solutions, spotlighting innovations that are reshaping patient care on a global scale.

    The event aligns with the UAE government’s pioneering efforts to advance the digital health ecosystem, with the UAE’s digital health market projected to reach USD $487.30 million by the end of this year. The show also supports Dubai’s commitment to adopting digital practices that benefit medical professionals and patients alike.

    With AI-powered healthcare investments projected to make up 20% of global healthcare spending by year’s end, GITEX GLOBAL set the stage for industry leaders to explore how AI is revolutionising delivery and enhancing outcomes for millions of patients.

    GITEX DIGI_HEALTH 5.0 Dubai brought together global professionals and leaders to build on that figure and discuss the impact the innovative tool is having on the day-to-day operations while also providing an outlook of what the future would hold. It attracted some of the biggest names in the global landscape including labs such as Biogen, Roche and Sanofi as well as tech giants Microsoft, M42, Lenovo. Also present were established medical institutions including Samsung Medical Centre, Harvard Medical School, Roche and many more.

    Pioneering Robotic and AI in Digital Health

    The evolving role of robotics in health tech was a major focus of the showcase and conference programme. Denis Ledenkof, Founder of Robosculptor, showcased how AI-powered robotics is transforming patient care via an autonomous platform for body treatments developed by health industry experts, emphasising robotic technology is providing plenty of benefits.

    He said: “AI is a powerful tool and is leading to better patient preferences. When it comes to robotic treatments, they help improve the experience of patients by just giving them access to a wider range of therapies as well as enhancing accessibility.

    “One example that we’re using is an application that functions similarly to a taxi or delivery app where people can scan for treatments and displays the information that users would be looking for.”

    Alex Aliper, Co-Founder and President of Insilico Medicine, a Hong Kong digital health unicorn – was part of another panel that delved into genomics. He discussed how precision medicine, powered by AI, is revolutionising genetic profiles – an approach set to transform treatments for diseases previously deemed incurable.

    The future of AI in neurology

    Meanwhile, following a study which showed that AI can reduce the risk of new vascular events by 25.6% in stroke patients, Aneesh Singhal, M.D, Director, Comprehensive Stroke Center & Vice-Chair of Neurology at Massachusetts General Hospital, gave an overview of what to expect in the field of neurology.

    In his presentation, he discussed the Golden Bridge II trial, which showed that the use of an AI-based clinical decision support system had a significantly greater impact on the number of vascular events and stroke care quality than standard care in patients with acute ischemic stroke (AIS).

    Elsewhere, Jong-Soo Choi, Chief Technology Officer at Samsung Medical Centre, one of Korea’s most renowned hospitals, shared insights into cutting-edge technologies such as Remote Patient Monitoring (RPM) and gene therapy and how they are setting the stage for the next wave of change.

    Smart lens among innovations unveiled

    Dubai’s own deep tech company Xpanceo made waves with the unveiling of smart contact lens for 3D imaging, and another for data reading, demonstrating wireless data transmission capabilities integrated directly into the lens. These innovations are set to redefine the boundaries of how data in real time is perceived, pushing the digital health landscape into a new era of smart diagnostics.

    Oracle Health also displayed its innovative Clinical Digital Assistant. Leveraging AI-powered driven voice recognition, the assistant autonomously documents physician-patient encounters, interprets the information, and accurately inputs a draft note into the Oracle Health EHR, allowing the physician to quickly review and approve the clinical documentation.

    GITEX GLOBAL is seamlessly connecting the world’s largest network of tech events with GITEX EUROPE Berlin, GITEX ASIA Singapore, GITEX AFRICA Morocco, and GITEX NIGERIA all part of its portfolio. These events are fostering collaboration and driving innovation to shape the tech landscape of tomorrow.

    GITEX GLOBAL this year announced the launch of GITEX DIGI_HEALTH 5.0 Expo-Summit in Thailand, from 10-12 September 2025, in a destination touted with one of the highest potentials to leapfrog the digital health industry, putting the spotlight on digital solutions to address the rising demands across Asia.

    More information on GITEX GLOBAL and to purchase passes, please visit http://www.GITEX.com

    MIL OSI Africa –

  • MIL-OSI USA: Fantastic fossils and where to find them

    Source: US Government research organizations

    U.S. National Science Foundation-funded researchers recently found a fossil that led to the discovery of a brand-new dinosaur species, Lokiceratops rangiformis. This horned dinosaur, an earlier relative of the triceratops, has asymmetric horns on top of its head but lacks the typical nose horn found in other relatives.  

    Fossils are the preserved remains, impressions or traces of any once-living thing from a past geologic age. Fossils can loosely be classified into two categories: body fossils and trace fossils. Body fossils, such as preserved bones, are preserved parts of the living creature. Trace fossils, such as footprints, record the activity of a living creature. 

    Lokiceratops rangiformis was discovered in northern Montana by a research team from the University of Utah. The team uncovered skull bones of Lokiceratops, which places this specimen in the body fossil category. These individual skull bones were painstakingly placed into a reconstruction of a complete skull. As more pieces were placed, the team began to see confirmation that they had discovered a whole new species of dinosaur.  

    MIL OSI USA News –

  • MIL-OSI USA: U.S. coal exports from the Port of Baltimore rebounded two months after bridge collapse

    Source: US Energy Information Administration

    In-brief analysis

    October 16, 2024

    U.S. coal exports from the Port of Baltimore rebounded at the end of May 2024, according to recently released data from the U.S. Census Bureau. Shipments from the port’s two coal-loading terminals had stopped for almost two months following the collapse of the Francis Scott Key Bridge on March 26. The main shipping channel into the Port of Baltimore reopened on May 21.

    In April, only 63,658 short tons of coal could be loaded for export, compared with 2.3 million short tons in April 2023. This small amount could be exported, even though the main channel into the Port of Baltimore was closed, because one of the loading terminals used barges to transport smaller loads to a vessel anchored in the Chesapeake Bay.

    Coal loadings in May recovered to slightly less than one million short tons, with that activity mostly occurring after the reopening. In June, coal loadings for export soared to 2.9 million short tons, the most in the U.S. Census Bureau data series—which starts in 2000—as terminals worked through their backlog of vessels. Loadings in July declined slightly to around 2.0 million tons, although that amount was still more than the five-year (2019–23) average.

    Coal exports in July typically are lower, as mining companies, railroads, and port terminals usually conduct maintenance during that month. This year, the coal industry made up for the suspension of shipments in April and May by increasing shipments in July.

    In our Short-Term Energy Outlook, we expect exports from the Port of Baltimore for the 2024 calendar year will be consistent with previous years because we expect exports to remain high in the second half of 2024. In 2023, the Port of Baltimore set a five-year high, with coal exports totaling 28 million short tons. We expect total exports in 2024 should be equal to or greater than the 20 million tons loaded in both 2021 and 2022.

    Principal contributors: Jonathan Church, Mark Morey

    MIL OSI USA News –

  • MIL-OSI Asia-Pac: Reduction of duty on liquor with alcoholic strength of more than 30 per cent

    Source: Hong Kong Government special administrative region

    Reduction of duty on liquor with alcoholic strength of more than 30 per cent
    Reduction of duty on liquor with alcoholic strength of more than 30 per cent
    ****************************************************************************

         As announced in “The Chief Executive’s 2024 Policy Address”, the Government would reduce the duty on liquor with an alcoholic strength of more than 30 per cent (liquor) by introducing a two-tier system with different duty rates for each tier with effect from today (October 16).          Under the new two-tier system, the duty rate for liquor with import price over $200 will be reduced from 100 per cent to 10 per cent for the portion above $200, while the duty rate for the portion of $200 and below as well as liquor with import price of $200 or below will remain at 100 per cent. The new duty rates will only be applicable to liquor of up to one litre. If a larger container is used, the duty payable will be calculated on a “value per litre” basis.      A Government spokesman said, “Hong Kong has been adopting a simple ad valorem duty system on liquor since 1994. Given the experience in waiving wine duty in 2008, a reduction of liquor duty should similarly promote high-end liquor trade, thereby giving impetus to the development of other high value-added sectors such as logistics and storage, tourism as well as high-end food and beverage consumption, creating more job opportunities and bringing overall benefits to society. With the introduction of a two-tier system with different duty rates based on value, we believe that the proposal has struck a balance between facilitating the liquor business and guarding public health against binge drinking as a result of the reduction in liquor duty.”      The above two-tier system is set out in the proposed resolution to be moved by the Secretary for Commerce and Economic Development pursuant to section 4(2) of the Dutiable Commodities Ordinance (Cap. 109) (the proposed resolution), which forms part of the Public Revenue Protection (Duty on Liquor) Order 2024 (the Order) made by the Chief Executive today to give full force and effect of law to the proposed resolution so long as the Order remains in force.      The Order and the proposed resolution have been published in the Gazette today. The Hong Kong Customs and Excise Department has also put up notices at boundary control points and on its websites for travellers and the trade.

     
    Ends/Wednesday, October 16, 2024Issued at HKT 19:56

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: SCS briefs civil servants on Policy Address initiatives (with photo)

    Source: Hong Kong Government special administrative region

    SCS briefs civil servants on Policy Address initiatives (with photo)
    SCS briefs civil servants on Policy Address initiatives (with photo)
    ********************************************************************

         After the announcement of “The Chief Executive’s 2024 Policy Address”, the Secretary for the Civil Service, Mrs Ingrid Yeung, wrote to civil service colleagues this afternoon (October 16) and met with representatives from the four civil service central consultative councils and the four major service-wide staff unions to brief them on policy initiatives relating to civil service matters in the Policy Address.      Mrs Yeung’s letter to civil service colleagues, entitled “Enhance Governance Capabilities and Continue to Strengthen Management”, outlined the policy initiatives including the strengthening of civil service management and promotion of digitalisation.      She said, “The Hong Kong Special Administrative Region Government is making all-out, concerted efforts to build a vibrant economy, seek development opportunities and improve people’s livelihood. Civil servants must continue to serve the public proactively and render full support to the Chief Executive in his administration of Hong Kong, and do so with loyalty, dedication and a spirit of embracing challenges, reforms and innovation. This will elevate Hong Kong to new heights and build a better home for people.”      Mrs Yeung added, “To move forward, we need a high-quality and efficient government team. For this reason, I had a meeting with civil service unions after the delivery of the Policy Address, so that the unions and civil servants would have a clear understanding and appreciation of the Government’s governing tenets and measures. This would enable them to render better support to the Chief Executive in his administration of Hong Kong and  become a solid supporting force for Hong Kong’s advancement.”

     
    Ends/Wednesday, October 16, 2024Issued at HKT 19:50

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Hong Kong Customs raids two suspected illicit cigarette storage centres and detects one case involving illicit cigarette distribution vehicle (with photos)

    Source: Hong Kong Government special administrative region

    Hong Kong Customs raids two suspected illicit cigarette storage centres and detects one case involving illicit cigarette distribution vehicle (with photos)
    Hong Kong Customs raids two suspected illicit cigarette storage centres and detects one case involving illicit cigarette distribution vehicle (with photos)
    ******************************************************************************************

         Hong Kong Customs today (October 16) conducted anti-illicit cigarette operations in Hung Hom, Kwun Tong and Wong Tai Sin, shutting down two suspected illicit cigarette storage centres and detecting a case involving an illicit cigarette distribution vehicle. A total of about 183 000 suspected illicit cigarettes, with a total estimated market value of about $820,000 and a duty potential of about $600,000, were seized. Three persons suspected to be connected with the cases were arrested.     In the first case, Customs officers raided a residential unit on Wu Kwong Street, Hung Hom, this afternoon and seized about 120 000 suspected illicit cigarettes therein. A 50-year-old woman who claimed to be unemployed was arrested.     In the second case, Customs seized about 54 000 suspected illicit cigarettes from a residential unit on Hong Ning Road, Kwun Tong, this afternoon. A 47-year-old woman who claimed to be a construction worker was arrested.     In the third case, Customs officers intercepted a private car on the roadside in Choi Wan Estate, Wong Tai Sin, this evening. Upon inspection, about 9 000 suspected illicit cigarettes were seized inside the vehicle and a man, aged 30 and claiming to be a worker, was arrested.      Investigations of the three cases are ongoing.     Customs will continue its risk assessment and intelligence analysis for interception at source as well as through its multipronged enforcement strategy targeting storage, distribution and peddling to spare no effort in combating illicit cigarette activities.     Customs reminds members of the public that it is an offence to buy or sell illicit cigarettes. Under the Dutiable Commodities Ordinance, anyone involved in dealing with, possession of, selling or buying illicit cigarettes commits an offence. The maximum penalty upon conviction is a fine of $1 million and imprisonment for two years.     Members of the public may report any suspected illicit cigarette activities to Customs’ 24-hour hotline 1820 80 80 or its dedicated crime-reporting email account (crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002/).

     
    Ends/Wednesday, October 16, 2024Issued at HKT 19:50

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: TAC Chairman welcomes “The Chief Executive’s 2024 Policy Address”

    Source: Hong Kong Government special administrative region

    The following is issued on behalf of the Transport Advisory Committee:

         The Chairman of the Transport Advisory Committee (TAC), Professor Stephen Cheung, welcomed the initiatives related to the construction of transport infrastructure and the development of the low-altitude economy announced in “The Chief Executive’s 2024 Policy Address” delivered today (October 16).

         Professor Cheung said, “The Policy Address pointed out that the Government is actively following through the Major Transport Infrastructure Development Blueprint for Hong Kong, under which the two railways projects, namely the Hung Shui Kiu Station and the Northern Link Main Line, are to commence construction this year and next year respectively, and at the same time pressing ahead with the two cross-boundary railway projects, namely the Hong Kong-Shenzhen Western Rail Link (Hung Shui Kiu-Qianhai) and the Northern Link Spur Line; as well as actively taking forward the three smart and green mass transit systems in East Kowloon, Kai Tak and Hung Shui Kiu/Ha Tsuen and compressing the time required for construction. I welcome the Government’s effort to implement the major transport infrastructure projects in an orderly manner to drive economic development and strengthen the connectivity between Hong Kong and Shenzhen.

         “I note that the Policy Address announced that the Government will actively promote the development of the low-altitude economy in Hong Kong. I appreciate the Government’s foresight and eagerly anticipate the application of related technologies in various fields, such as the delivery of goods and passenger transportation.

         “I am also pleased to note that the Government has set indicators for different measures and set out the ongoing policy measures, including the provision of automated parking spaces in newly completed government car parks and short-term tenancy car parks, the progressive implementation of the pilot schemes related to smart mobility under the Traffic and Transport Strategy Study, and facilitation of autonomous vehicles technology, in order to enhance transparency and ensure their timely implementation.

         “The TAC will, as always, continue to earnestly offer views on various traffic and transport policies and measures for the Government to proceed with building and enhancing our transportation system, with a view to elevating and consolidating Hong Kong’s status as a high-quality liveable city and regional logistics hub.”

    MIL OSI Asia Pacific News –

  • MIL-OSI Europe: Strategy for peace, security and stabilisation 2024–2028

    Source: Government of Sweden

    Strategy for peace, security and stabilisation 2024–2028 – Government.se

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    International development cooperation strategies from Ministry for Foreign Affairs

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    Sweden’s strategy for peace, security and stabilisation is a part of the governance of Sweden’s collective development, foreign and security policy. This strategy will contribute to conflict management and conflict prevention with a view to improving development opportunities and reducing humanitarian needs.

    Download:

    The strategy will complement and strengthen other components of development assistance in conflict countries and areas with a high risk of conflict. Particular emphasis will be placed on coherence with bilateral and regional strategies related to contexts of conflict. Interventions guided by the strategy will be coordinated with relevant missions abroad and contribute to overall Swedish development cooperation in prioritised countries. In addition, the strategy will make it possible to promote the Government’s priorities in peace promotion, security and stabilisation in countries or situations where engagement is politically motivated but where there is no applicable country strategy.

    MIL OSI Europe News –

  • MIL-OSI Banking: 2024 US Open generates estimated $118.23 million in sponsorship revenue, reveals GlobalData

    Source: GlobalData

    2024 US Open generates estimated $118.23 million in sponsorship revenue, reveals GlobalData

    Posted in Sport

    With a sponsorship deal worth $22 million, JP Morgan’s Chase Bank marked the 43rd anniversary of its partnership the US Open Tennis Championships for the 2024 edition and eight years as presenting sponsor of the Men’s Singles Championships. The partnership is also the largest sponsorship deal in terms of annual value for this year’s tournament.   Emirates Airline’s deal was the second largest, with the partnership dating back to 2012. Overall, the 2204 US Open edition generated an estimated $118.23 million in sponsorship revenue, reveals GlobalData, a leading data and analytics company.

    GlobalData’ s latest report, “Post Event Analysis – US Open Tennis Championships 2024,” reveals that there were 30 broadcasters which agreed media rights deals for the 2024 edition of the tournament. In terms of media revenue, the 2024 US Open Championships was reported to generate $75 million annually from the tournaments domestic broadcast deal with ESPN.  

    Olivia Snooks, Sport Analyst at GlobalData, comments: “The US Open Tennis Championships has accumulated long-term and high-value partnerships with some of their sponsors, two of these being JP Morgan’s Chase Bank and Emirates Airline. Particularly, Chase Bank’s long association with the tournament shows a great commitment between the two, while also showing the expected commercial value the US Open can generate for sponsors.”

    The winners of the 2024 US Open took home large paychecks, which were distributed from a record purse of $75 million for the final Grand Slam tennis tournament of the season. Aryna Sabalenka beat Jessica Pegula in the US Open women’s final on 7 September, taking home $3.6 million in prize money. The men’s singles winner Jannik Sinner took home the same amount.

    Snooks continues: “The total prize money for the 2024 US Open was 15% bigger than it was in 2023. More notably, the US Open Singles winners earned $200,000 more than the Wimbledon Championships this year, who each took home just over $3.4 million.”

    During the three weeks of the tournament that started with one week of qualifying, 1,048,669 fans came through the gates of the Billie Jean King Tennis Center. The attendance for the two weeks of the main draw saw a record high attendance of 832,640, according to the United States Tennis Association. The cheapest ticket for the final day of the US Open was around $315 for a ground pass, and stadium passes for the men’s final were starting at around $450.

    Snooks concludes: “The 2024 edition of the tournament was the first to feature a seven-day US Open fan week, which was attended by over 219,000 fans. Understandably, ticket prices fluctuated and became more expensive closer to the date. For example, as the semi-finals approached, the prices for the all-American semi-final were soaring, with prices as high as $56,000 for a seat courtside.”

    MIL OSI Global Banks –

  • MIL-OSI: DocNetwork Releases Behavioral Health Module for CampDoc and SchoolDoc

    Source: GlobeNewswire (MIL-OSI)

    ANN ARBOR, Mich., Oct. 16, 2024 (GLOBE NEWSWIRE) — DocNetwork announced the expansion of the Mental, Emotional, and Social Health (MESH) features within its CampDoc and SchoolDoc platforms. This strategic enhancement addresses the growing need to support campers and students experiencing behavioral health issues while away from home.

    As mental health concerns among youth continue to rise, camps and schools need effective tools to manage and support the well-being of their participants. Traditional camp management software and student information systems do not currently support the behavioral health needs of camps and schools.

    Recognizing this critical need, DocNetwork has amplified its commitment to mental health by integrating comprehensive MESH features that enable youth-serving organizations to better monitor, document, and respond to behavioral health challenges.

    “With the release of our Behavioral Health module, we are empowering camps and schools to provide holistic care that addresses the mental, emotional, and social needs of their campers and students,” said Dr. Michael Ambrose, Founder and CEO of DocNetwork. “By equipping camps and schools with the tools to document and assess these critical aspects of mental health, we are empowering organizations to provide the care that families expect and kids deserve.”

    Key enhancements to the CampDoc and SchoolDoc platforms include:

    • Expanded Reporting: Organizations can now record mood, affect, and cognitive functioning for campers, students, and staff, providing valuable insights into a participant’s mental, emotional and social health.
    • Comprehensive Risk Assessments: CampDoc and SchoolDoc now include dedicated tools for conducting critical risk assessments, enabling timely identification of potential risks and allowing for prompt intervention and support.
      • Suicidal Risk
      • Homicidal Risk
      • Self-Injurious Behavior
      • Abuse/Neglect
      • Bullying
    • Enhanced Privacy: With a strong commitment to privacy, DocNetwork employs role-based permissions to ensure that sensitive information is accessible only to authorized personnel who need to know, safeguarding confidentiality while facilitating effective care.

    The expansion of behavioral health functionality is a direct response to feedback from camps and schools seeking robust solutions to manage the complexities of the mental health care they provide. Organizations utilizing CampDoc and SchoolDoc will have immediate access to this new feature at no additional cost. Interested camps and schools should visit http://www.campdoc.com or http://www.schooldoc.com for more information.

    About DocNetwork
    CampDoc and SchoolDoc offer the most comprehensive Electronic Health Record (EHR) solution to help ensure the health and safety of children while they are away from home. DocNetwork is trusted by over 1,250 programs across all 50 states and internationally, including traditional day and residential camps, YMCAs, JCCs, Girl Scouts, Boy Scouts, parks and recreation facilities, colleges and universities, and K-12 public, private, and charter schools. For more information about DocNetwork and web-based health management, please visit http://www.campdoc.com, http://www.schooldoc.com, or call 734-619-8300.

    Contact:
    Michael Ambrose, M.D.
    DocNetwork
    734-619-8300
    michael@docnetwork.org

    The MIL Network –

  • MIL-OSI: Rising Cost of Living Forces Canadians to Make Tough Sacrifices: Three in Ten Are Eating Less to Save, Sharing Expenses from Cohabiting to Carpooling, Childcare and Groceries

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, Oct. 16, 2024 (GLOBE NEWSWIRE) — Under the burden of high living costs, Canadians are making difficult sacrifices and finding ways to share expenses to make ends meet and save money. According to the latest MNP Consumer Debt Index, conducted quarterly by Ipsos, nearly one-third (30%) of Canadians report that they have turned to bill-splitting strategies—such as carpooling, buying in bulk, sharing subscriptions and childcare, and cohabiting with others. More than one in ten (13%) indicate they are saving money by cohabiting with friends, partners, or family members, or by seeking out additional roommates or co-living spaces. Nearly three in 10 (28%) Canadians say they have even resorted to eating less to save money.

    “We’re witnessing a bill-splitting boom as Canadians adapt to the high cost of living. Strategies like sharing expenses and co-living arrangements showcase not only resourcefulness but also the financial pressure many are facing,” says Grant Bazian, president of MNP LTD, the country’s largest insolvency firm. “These measures reflect the harsh reality of soaring living costs, compelling Canadians to find new ways to save. It’s particularly concerning that nearly three in ten report they are cutting back on food to make ends meet.”

    Canadians are making other sacrifices to manage costs. Half (51%) say they have tried to save money by grocery shopping more strategically, and nearly half say they are avoiding impulse purchases (46%) or have stopped eating in restaurants or getting take-out (44%). The bill-splitting trend is more common among Canadians aged 18 to 34 and those living in British Columbia and Alberta. Similarly, co-habitation is more prevalent among younger Canadians, British Columbians, and those with lower income.

    Cost-Cutting Measures and Lower Interest Rates Create Breathing Room in Some Household Budgets

    Perhaps in part due to prudent cost-cutting efforts and with the pace of interest rates declining, Canadians are reporting some relief and improvements in their financial situation. The MNP Consumer Debt Index has increased by four points from the previous quarter to 89 points, signalling Canadians are feeling more positively about their personal finances. Canadians are building up the bank this quarter, reporting they have on average $155 more left over at the end of the month, reaching $937, the largest amount of money Canadians have had after all expenses in the last five years. Just over four in 10 (42%) Canadians say they are $200 or less away each month from financial insolvency – the lowest recorded proportion since September 2018 (40%).

    “While cost-saving behaviours and lower interest rates have positively impacted Canadians’ perceived financial well-being, a significant minority—close to four in 10—still report being on the brink of insolvency, indicating they are struggling to make ends meet,” says Bazian. “Still, financial pressure is easing, providing individuals with more flexibility to manage their debts and invest in their future.”

    Impact of Interest Rates on Debt and Financial Outlook

    With Canadians expecting interest rates to continue falling over the next few years, perceptions of their ability to absorb interest rate increases have improved; one quarter (24%, +3pts) say they are much better equipped to manage an interest rate increase of one percentage point than they used to be, increasing three points since last quarter. More Canadians are looking positively to the future, with three in 10 (31%, +2pts) expecting their debt situation to improve when looking ahead one year from now, and fewer believing it will worsen (12%, -4pts).

    Following three interest rate cuts this year, still almost half (48%, +1pt) of Canadians say even if interest rates decline, they are concerned about their ability to repay their debt. While slightly fewer this quarter say they will be in financial trouble if interest rates go up, more than half (54%, -3pts) still indicate they would be in trouble. Almost half of Canadians who are co-habiting (46%) or are bill-splitting (44%) are at risk of insolvency.

    “Although inflation has eased and interest rates have fallen, many Canadians continue to feel the heavy burden of accumulated debt. Despite some relief, the difficult truth is that for those grappling with significant debt, cost-cutting measures alone may not provide the support they need,” explains Bazian. “Seeking guidance from a Licensed Insolvency Trustee can be a vital step for those looking to regain control of their financial situation, and bankruptcy is not the only recourse.”

    Licensed Insolvency Trustees provide unbiased advice on options including debt consolidation, debt management plans, budgeting, and consumer proposals as well as bankruptcies. They are the only federally regulated debt professionals who are authorized to administer government-regulated insolvency solutions such as bankruptcies and consumer proposals.

    “While bill-splitting strategies can offer temporary relief, they often don’t address the root of deeper debt issues. For those feeling overwhelmed by bills and debt, seeking advice from a Licensed Insolvency Trustee is a crucial step toward long-term financial stability,” says Bazian.

    MNP’s extensive network of Licensed Insolvency Trustees provides free consultations in over 200 offices nationwide, delivering local, personalized support to help Canadians navigate their debt options.

    Looking ahead to how Canadians plan to cut costs or save money in the year to come, the survey revealed the following:

    Canadians’ Top Money-Saving Strategies For the Next 12 Months

    1. Bill Splitting – 27%
    2. Co-habitation – 14%
    3. Creating a Budget / Recording All Expenses – 14%
    4. Cancelling Subscriptions – 13%
    5. Stopping Eating in Restaurants or Getting Takeout – 13%
    6. Avoiding Impulse Purchases – 13%
    7. Reducing Utility Consumption – 13%
    8. Going Thrift Shopping – 12%
    9. Finding Free or Low-Cost Entertainment – 12%
    10. Grocery Shopping Strategically – 12%
    11. Negotiating Bills – 11%
    12. Cutting Vices – 10%
    13. Moving Somewhere More Affordable – 10%
    14. Splitting Grocery Costs / Buying in Bulk with Roommates, Friends, or Family – 9%

    About MNP LTD

    MNP LTD, a division of the national accounting firm MNP LLP, is the largest insolvency practice in Canada. For more than 50 years, our experienced team of Licensed Insolvency Trustees and advisors have been working with individuals to help them recover from times of financial distress and regain control of their finances. With more than 240 Canadian offices from coast-to-coast, MNP helps thousands of Canadians each year who are struggling with an overwhelming amount of debt. Visit MNPdebt.ca to contact a Licensed Insolvency Trustee or use our free Do it Yourself (DIY) debt assessment tools. For regular, bite-sized insights about debt and personal finances, subscribe to the MNP 3 Minute Debt Break Podcast.

    About the MNP Consumer Debt Index

    The MNP Consumer Debt Index measures Canadians’ attitudes toward their consumer debt and gauges their ability to pay their bills, endure unexpected expenses, and absorb interest-rate fluctuations without approaching insolvency. Conducted by Ipsos and updated quarterly, the Index is an industry-leading barometer of financial pressure or relief among Canadians.

    Now in its 30th wave, the Index has increased to 89 points, up four points since last quarter. Visit MNPdebt.ca/CDI to learn more.

    The data was compiled by Ipsos on behalf of MNP LTD between September 6 – September 11, 2024. For this survey, a sample of 2,000 Canadians aged 18 years and over was interviewed. Weighting was then employed to balance demographics to ensure that the sample’s composition reflects that of the adult population according to Census data and to provide results intended to approximate the sample universe. The precision of Ipsos online polls is measured using a credibility interval. In this case, the poll is accurate to within ±2.5 percentage points, 19 times out of 20, had all Canadian adults been polled. The credibility interval will be wider among subsets of the population. All sample surveys and polls may be subject to other sources of error, including, but not limited to coverage error, and measurement error.

    Provincial data is available upon request.

    CONTACT

    Angela Joyce, Media Relations

    p. 1.403.681.9286
    e. angela.joyce@mnp.ca

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a94d0531-ee79-439f-9dad-0eef9bc7276c

    The MIL Network –

  • MIL-OSI Africa: African Development Bank appoints Dr Kennedy Mbekeani as Director General for East Africa

    Source: Africa Press Organisation – English (2) – Report:

    ABIDJAN, Ivory Coast, October 16, 2024/APO Group/ —

    The African Development Bank Group (www.AfDB.org) has appointed Dr Kennedy K. Mbekeani as Director General for the East Africa Regional Development, Integration and Business Delivery Office, and Country Manager for Kenya, effective from 16 October 2024.

    Mbekeani, a citizen of Malawi has over 25 years of senior experience in development finance, project management, policy advisory services, and knowledge generation at national and regional levels.

    Prior to this appointment, he served as deputy director general for the Bank’s Southern Africa Regional Development, Integration and Business Delivery Office. In this  role  he led the Bank’s business development and delivery for sovereign and non-sovereign investments, and provided advisory services to South Africa, Lesotho, Botswana, Eswatini, Namibia and Mauritius. His efforts contributed to the Bank’s reputation as a trusted partner for high impact development projects in the region. He also managed relationships with governments and the private sector.

    Mbekeani joined the Bank in 2009 as Chief Trade and Regional Integration Officer. Subsequently he has held various roles including lead regional economist, officer in charge and acting regional director respectively of the Bank’s South African Resource Centre. While serving as country manager for Uganda, he successfully expanded the Bank’s portfolio to over $2 billion.

    Before joining the Bank, Mbekeani worked for  the United Nations Development Programme as a trade, debt and globalisation advisor for East and Southern Africa. He also served as senior research fellow at the Botswana Institute for Development Policy Analysis, and senior economist at the National Institute for Economic Policy in South Africa.

    He holds a Bachelor of Social Science (Economics and Statistics) degree from the University of Malawi, an MPhil in Monetary Economics from the University of Glasgow, and both an MA and PhD in International Economics from the University of California. He has authored numerous publications focusing on trade, regional integration, and infrastructure development in Africa.

    Commenting on his appointment, Mbekeani said: “I am grateful and feel honoured by the confidence President Adesina placed in me through this appointment, as Director General for the East Africa Regional Development, Integration and Business Delivery Office and country manager for Kenya. I look forward to working with the president, the Board of Directors, senior management, our teams and stakeholders to enhance the Bank’s operational efficiency, effectiveness and drive impactful developmental outcomes across the region.”

    President of the African Development Bank Group and Chairman of the Board of Directors Dr Akinwumi Adesina said: “I am delighted to appoint Dr. Kennedy Mbekeani as Director General for the East Africa Regional Development, Integration and Business Delivery Office, and Country manager for Kenya. Kennedy brings extensive experience in managing operations, policy dialogue, coupled with astute diplomacy and well-tested ability to work effectively with countries and development partners. His knowledge of the Eastern Africa region and well-proven experience in delivering robust operations for the public and private sectors will strongly benefit the work and operations of the African Development Bank Group in East Africa and all countries in the region.”

    MIL OSI Africa –

  • MIL-OSI Europe: Press conference following Council of Ministers meeting no. 100

    Source: Government of Italy (English)

    16 Ottobre 2024

    Council of Ministers meeting no. 100 was held at Palazzo Chigi on Tuesday 15 October. This morning, the Minister of Economy and Finance, Giancarlo Giorgetti, and the Deputy Minister of Economy and Finance, Maurizio Leo, held a press conference to illustrate the measures approved.

    [The press conference]

    MIL OSI Europe News –

  • MIL-OSI Europe: AFRICA/CAMEROON – Interreligious prayer for the health of the President

    Source: Agenzia Fides – MIL OSI

    Yaoundé (Agenzia Fides) – The mystery surrounding the health of Cameroonian President Paul Biya, who has not appeared in public since the beginning of September, is growing. The Cameroonian Head of State did not attend the UN General Assembly or the Summit of French-speaking countries in Paris. His last appearance at an international gathering was the Summit of Heads of State as part of the China-Africa Forum in Beijing in early September. To counter the spread of news about the President’s alleged state of health, the Cameroonian government has banned the dissemination of such news since October 9. Officially, it is said that the President is in “very good health” and that he is “working and devoting himself to his duties in Geneva”. “He is doing well and will return to Cameroon in the next few days,” says the government spokesman. Meanwhile, an interreligious prayer for the health of the president and for peace in Cameroon was organized on the initiative of the Collective of Former Students of the Catholic Seminaries of Cameroon (CASEMCA) in collaboration with the Catholic Men’s Association (CHA), the “Union Catholique des Hommes Fils de Saint Joseph” and other Christian and Muslim communities and their religious associations. “The ecumenical ceremony, which is open to the public, will take place on Thursday, October 17, 2024, from 2 p.m. at the ‘Palais Polyvalent des Sports’ in Yaounde. It will be attended by religious dignitaries, high-ranking public and private figures, and citizens of all faiths,” the press release said. Paul Biya himself attended the minor seminary in Akono. The 91-year-old Cameroonian president is considered the dean of African Heads of State. (L.M.) (Agenzia Fides, 16/10/2024)
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    MIL OSI Europe News –

  • MIL-OSI Europe: AFRICA/NIGERIA – Almost 100 dead in tanker explosion

    Source: Agenzia Fides – MIL OSI

    Wednesday, 16 October 2024

    Abuja (Agenzia Fides) – More than 90 people have died in the explosion of a tanker in Nigeria. The tragedy occurred around midnight on October 15 in the town of Majia, in Jigawa state, in north-central Nigeria. In addition to the 94 victims, at least 50 people were injured, according to the police. The driver of the tanker tried to avoid another truck, swerved and lost control of his vehicle. The tanker detached from the tractor and a fuel leak occurred. Several residents rushed to the scene with buckets and canisters, overwhelming the security forces who tried to control the area and prevent an accidental explosion. However, this did not succeed and a fierce fire broke out that lasted at least two hours. The events in Majia show how high fuel prices are driving people to despair, which in turn leads to such tragedies. (L.M.) (Agenzia Fides, 16/10/2024)
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  • MIL-OSI Video: Betazone: Green and Fair?

    Source: World Economic Forum (video statements)

    The promise of the net-zero transition will be unmet if the impact on jobs, access and affordability is not considered.

    What novel approaches are needed to tackle emissions while ensuring an equitable and socially responsible transition?

    https://www.youtube.com/watch?v=9oWgnwKu6TE

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