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  • MIL-OSI USA: The Status of the Chagos Archipelago –  Part II: United Kingdom’s Agreement with Mauritius

    Source: US Global Legal Monitor

    The following is a guest post by Clare Feikert-Ahalt, a senior foreign law specialist at the Law Library of Congress covering the United Kingdom and several other jurisdictions. Clare has written numerous posts for In Custodia Legis, including Revealing the Presence of Ghosts; Weird Laws, or Urban Legends?; FALQs: Brexit Referendum; 100 Years of “Poppy Day” in the United Kingdom; and Mr. Bates vs. The Post Office Spurs Possible Law Change.

    Yesterday’s post described the historic status of the Chagos Archipelago and the United Kingdom’s (UK) power over the territory. Today’s post describes the new agreement, which returns sovereignty over the Chagos Archipelago and allows for the continued use of the UK-US military base.

    On May 22, 2025, the United Kingdom and Mauritius signed an agreement that “recognis[es] the wrongs of the past” with regards to the Chagos Archipelago. The agreement transfers sovereignty of the British Indian Ocean Territory (BIOT) from the UK to Mauritius, while providing the UK with “rights and authorities [over Diego Garcia] that the United Kingdom requires for the long-term, secure and effective operation of the Base.”

    The agreement, which took over two years and 13 rounds of negotiations to achieve, secures British interests in Diego Garcia, including an area of 12 nautical miles surrounding the island, for 99 years. The agreement provides the UK with the right to access, maintain, and invest in the base, along with the ability to use it for defense purposes. It places a binding obligation on both parties to ensure the secure and effective operation of the base. The UK’s secretary of state for defence notes the agreement achieves the “secured unrestricted access to, and use of, the base, as well as control over movement of all persons and all goods on the base and control of all communication and electronic systems.”

    Any activities on the wider islands of the Chagos Archipelago, such as the construction of any structure, artificial island, sensor, or barrier within 24 nautical miles, must be approved through a joint decision process between the UK and Mauritius, which serves as an “effective veto” of development in the islands surrounding Diego Garcia as the UK does not want other countries, particularly those hostile to the UK, to have a presence near this facility.

    The 99 years can be extended for a further 40 years if both parties agree, and it may be extended again thereafter. The estimated cost to UK for 99 years “is £101 million [annually] and the net present value of payments under the treaty is £3.4 billion” (approximately US$136 million and US$4.6 billion respectively) accounting for approximately 0.2% of the defense budget. The government has stated this is less than the cost of running an aircraft carrier, without aircraft, for a year.

    The agreement provides for the resettlement of the residents of Diego Garcia, known as the Chagossians, on the islands of the Chagos Archipelago, with the exception of Diego Garcia. It also provides for the establishment of a trust fund of £40 million (approximately US$54 million) to benefit Chagossians and an annual grant of £45 million (approximately US$61 million) for 25 years to fund projects that promote economic development and welfare in Mauritius. Article 11 of the agreement states that it “constitutes the full and final settlement of all claims by Mauritius in relation to the Chagos Archipelago.”

    The treaty was laid before both Houses of Parliament on May 22, 2025, and either of the Houses of Parliament may object to its ratification until July 3, 3035.

    The Defense Facility on Diego Garcia

    The secretary of state for defence for the UK stated “[t]he importance of Diego Garcia cannot be overstated” and a government press release announcing the agreement notes that the base is central to both the UK and US’s emergency planning and operations, with the base serving as:

    “a critical logistics hub at a strategic location, with a full range of facilities that acts as a key refueling and resupply station for naval and air operations. This enables power projection and global reach, allowing for rapid and flexible deployment of our forces across the Middle East, East Africa, and South Asia.”

    While most of the work on, and capabilities of, Diego Garcia are not disclosed, the secretary of state for defence and the UK prime minister have publicly acknowledged that the base supports operations, including those related to counter-terrorism, in the Middle East, East Africa, and South Asia. Public statements detail that the base houses:

    • an airfield enabling strike operations and the rapid deployment of the military in this area, “… creat[ing] real military advantage across the Indo-Pacific;”
    • a deep-water port that, among other uses, “supports missions from nuclear-powered submarines to [the UK’s] carrier strike group;”
    • advanced communications, which includes management of the electromagnetic spectrum satellite;
    • surveillance capabilities;
    • facilities that support the global operation of GPS, notably one monitoring station and one of four ground antennas;
    • Ground-Base Electro-Optical Deep Space Surveillance (GEODSS) System, which “provides situational awareness of objects in Earth’s orbit, helping to track space debris that pose a risk to space systems”; and
    • “three pieces of critical Comprehensive Nuclear Test Ban Treaty monitoring equipment”, including seismic monitoring equipment that checks for indicators of nuclear testing, helping to secure compliance with the nuclear test ban treaty.

    The presence of the base in the center of the Indian Ocean also helps to safeguard an important trade route, through which “a third of the world’s bulk cargo and two-thirds of global oil shipments are transported.”

    The US Navy describes the facility on Diego Garcia as “the tip of the spear” and states that it “provides logistic support to operational forces forward deployed to the Indian Ocean and Persian Gulf areas of responsibility in support of national policy objectives.”

    The prime minister stated that the agreement is vital to the UK’s defence and intelligence, and for securing the safety and security of the British people at this time. He stated “… the base was under threat” from legal challenges by Mauritius, and the government believes there is no viable alternative to protect the base and secure the islands surrounding it.

    The prime minister further noted that if the UK disregarded any future legal judgements, “international organisations and other countries would act on them. And that would undermine the operation of the base.” The UK was particularly concerned at the prospect of other countries establishing a presence in the islands surrounding Diego Garcia, or conducting training exercises nearby, which could impact the operation of the base, and that it would be unable to prevent this without an agreement.

    The prime minister has described the base as “one of the most significant contributions we make to our security relationship with the United States.” The UK foreign secretary stated the US was unhappy with the uncertainty created by the situation and “strongly encouraged [the UK] to strike a deal.” It was against this background that negotiations were commenced and the treaty was made.

    Reaction to the Agreement

    The opposition conservative party has been critical of the agreement, stating that the government “prioritised heeding the most pessimistic legal advice” concerning the potential of legal judgments. The opposition further stated that the agreement puts the defense facility at risk due to Mauritius’ ties to Russia and China. The UK shadow secretary of state said in parliament that “[t]he Government should not be surrendering strategically vital sovereign territory, especially when we face such threats, and they certainly should not be paying billions for the privilege”, noting further that the agreement does not offer any protection to the Chagossians.

    Internationally, the agreement has been backed by the UK’s “Five Eyes” partners, which include the United States, Canada, Australia, and New Zealand. Japan, India, and the African Union have also welcomed the agreement. US President Donald Trump expressed his support for the agreement and US Secretary of State Marco Rubio, stated that while the administration is not a party to the agreement, it “remain[s] responsible for operating the U.S. Naval Support Facility on Diego Garcia, which continues to play a vital role in supporting forward-deployed operational forces and advancing security across the region.”

    The US secretary of state stated:

    “The Trump Administration determined that this agreement secures the long-term, stable, and effective operation of the joint U.S.-UK military facility at Diego Garcia. This is a critical asset for regional and global security.”

    While the agreement has been welcomed by the UK and several of its allies, the United Nations has condemned the agreement, issuing a press release stating:

    “By maintaining a foreign military presence of the United Kingdom and the United States on Diego Garcia and preventing the Chagossian people from returning to Diego Garcia, the agreement appears to be at variance with the Chagossians’ right to return, which also hinders their ability to exercise their cultural rights in accessing their ancestral lands from which they were expelled.”

    The UN has urged the UK to “apply a human rights-based approach in addressing historical injustices against the Chagossian people.”

    Additional Law Library of Congress Resources on the Laws of Mauritius and the UK


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    MIL OSI USA News

  • MIL-OSI Europe: ASIA/THAILAND – National Director of the Pontifical Mission Societies on the suspension of the Prime Minister: “We proceed according to the rule of law”

    Source: Agenzia Fides – MIL OSI

    Tuesday, 1 July 2025

    Caritas Thailand

    Bangkok (Agenzia Fides) – “The street protests lasted one day, and now calm has returned to Bangkok. I believe that the process of replacing the Prime Minister will continue in accordance with the rule of law and the rules of democracy. The hope of the Thai people is to quickly resolve the border issues with Cambodia and return the situation to the sphere of good relations between the two nations,” said Fr. Peter Piyachart Makornkhanp, parish priest in Bangkok and National Director of the Pontifical Mission Societies (POM) in Thailand, in an interview with Fides.The country has been shaken by the recent ruling of the Constitutional Court suspending Prime Minister Paetongtarn Shinawatra, who was accused of “ethical violations” in managing relations with Cambodia. The suspension, it was announced, is in effect “until the decision of the Constitutional Court,” which could take several weeks or months. The court responded to a petition from 36 senators after a telephone conversation between the head of government and former Cambodian Prime Minister Hun Sen was made public, in which Shinawatra referred to the Thai army chief as an “enemy.” At a political level, the 38-year-old prime minister – daughter of former Prime Minister Thaksin Shinawatra – was already weakened after the main party in the governing coalition, Bhumjaithai (“Thai Pride”), withdrew its support two weeks ago. A government reshuffle followed. Recently, the territorial dispute with Cambodia resurfaced, leading to cross-border clashes in which a Cambodian soldier was killed (see Fides, 24/6/2025). The Prime Minister is now accused of weakening the army and violating constitutional provisions requiring “integrity” and “ethical standards.” Fr. Piyachart Makornkhanp told Fides: “In relations between Thailand and Cambodia, very old mutual prejudices sometimes surface. But in the lives and minds of ordinary people, there are no problems today; good relations are maintained, generating strong economic and social ties, especially in the border areas. Some of the hostilities are about the relationship between some political leaders, not about the people.” The National Director further reports that “at the ecclesial level, there are excellent relations and fruitful pastoral cooperation between the Churches of Cambodia and Thailand: we currently have several Thai priests and religious living and working in Cambodia. We hope that tensions will subside and the situation will normalize with the reopening of the borders.” The Bangkok priest also points out that “many Thai people and organizations, including Caritas, are doing their best to care for the Cambodians stranded in Thailand as displaced persons and unable to return to Cambodia due to the border closure. This is a very beautiful sign of solidarity that expresses the essence of the relationship between the two peoples,” he concludes. (PA) (Agenzia Fides, 1/7/2025)
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  • MIL-OSI Europe: ASIA/THAILAND – National Director of the Pontifical Mission Societies on the suspension of the Prime Minister: “We proceed according to the rule of law”

    Source: Agenzia Fides – MIL OSI

    Tuesday, 1 July 2025

    Caritas Thailand

    Bangkok (Agenzia Fides) – “The street protests lasted one day, and now calm has returned to Bangkok. I believe that the process of replacing the Prime Minister will continue in accordance with the rule of law and the rules of democracy. The hope of the Thai people is to quickly resolve the border issues with Cambodia and return the situation to the sphere of good relations between the two nations,” said Fr. Peter Piyachart Makornkhanp, parish priest in Bangkok and National Director of the Pontifical Mission Societies (POM) in Thailand, in an interview with Fides.The country has been shaken by the recent ruling of the Constitutional Court suspending Prime Minister Paetongtarn Shinawatra, who was accused of “ethical violations” in managing relations with Cambodia. The suspension, it was announced, is in effect “until the decision of the Constitutional Court,” which could take several weeks or months. The court responded to a petition from 36 senators after a telephone conversation between the head of government and former Cambodian Prime Minister Hun Sen was made public, in which Shinawatra referred to the Thai army chief as an “enemy.” At a political level, the 38-year-old prime minister – daughter of former Prime Minister Thaksin Shinawatra – was already weakened after the main party in the governing coalition, Bhumjaithai (“Thai Pride”), withdrew its support two weeks ago. A government reshuffle followed. Recently, the territorial dispute with Cambodia resurfaced, leading to cross-border clashes in which a Cambodian soldier was killed (see Fides, 24/6/2025). The Prime Minister is now accused of weakening the army and violating constitutional provisions requiring “integrity” and “ethical standards.” Fr. Piyachart Makornkhanp told Fides: “In relations between Thailand and Cambodia, very old mutual prejudices sometimes surface. But in the lives and minds of ordinary people, there are no problems today; good relations are maintained, generating strong economic and social ties, especially in the border areas. Some of the hostilities are about the relationship between some political leaders, not about the people.” The National Director further reports that “at the ecclesial level, there are excellent relations and fruitful pastoral cooperation between the Churches of Cambodia and Thailand: we currently have several Thai priests and religious living and working in Cambodia. We hope that tensions will subside and the situation will normalize with the reopening of the borders.” The Bangkok priest also points out that “many Thai people and organizations, including Caritas, are doing their best to care for the Cambodians stranded in Thailand as displaced persons and unable to return to Cambodia due to the border closure. This is a very beautiful sign of solidarity that expresses the essence of the relationship between the two peoples,” he concludes. (PA) (Agenzia Fides, 1/7/2025)
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  • MIL-OSI Europe: VATICAN – 14 priests ordained by Pope Leo from the Pontifical Urban College “de Propaganda Fide”

    Source: Agenzia Fides – MIL OSI

    Tuesday, 1 July 2025

    Vatican City (Agenzia Fides) – On the Solemnity of the Sacred Heart of Jesus and on the occasion of the XXIX World Day of Prayer for the Sanctification of Priests, instituted by John Paul II in 1995, Pope Leo XIV ordained 32 new priests in the Vatican Basilica, 14 of whom come from the Pontifical Urban College “de Propaganda Fide.” Among them Andige Channindu (Colombo, Sri Lanka), Gbatar Emmanuel (Makurdi, Nigeria), Ham Francesco (Seoul, South Korea), Joseph Abishek (Sultanpet, India), Lakew Deribe (Harar, Ethiopia), Lee Angelo (Seoul, South Korea), Llamango Ndouloukoli Eusèbe Marius (Bossangoa, Central African Republic), Maria James Ajith (Kottar, India), Menounga Ngonoi Claude (Batouri, Cameroon), Mombai De-Kpilima Christ Friedrich (Bangui, Central African Republic), Ngalo Felicien (Mbaiki, Central African Republic), Ngo Giovanni Battista (Vinh, Vietnam), Santos Daniel (Mbanza Kongo, Angola) and Tika Gilbert (Damongo, Ghana).”The priests recently ordained by Pope Leo XIV come from ten different countries in Africa and Asia,” Armando Nugnes, rector of the Pontifical Urban College “de Propaganda Fide,” explained to Fides. “They have experienced this opportunity with profound gratitude toward God and the Church, feeling the responsibility to bear witness to the richness of Catholicism in their countries through the generosity of the service that will be asked of them.”This year, the Pontifical Urban College welcomed 168 students, including seminarians and deacons, along with nearly 300 priests from the Colleges of Saints Peter and Paul, as well as about 100 nuns from the Mater Ecclesiae College in Castel Gandolfo. “This gift has been great,” emphasizes Rector Nugnes, “not only for the candidates who received the grace of the ministerial priesthood from the Holy Father in the context of the Jubilee Year, but also for the entire community that was able to accompany these brothers, exceptionally, until the day of their ordination, with prayer and sharing in the joy. Normally, the Urban College’s formative plan provides that deacons, after completing their licentiate studies, return to their dioceses of origin to receive priestly ordination and begin their missionary ministry.” (EG) (Agenzia Fides, 1/7/2025)
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  • MIL-OSI Europe: AFRICA/SUDAN – Insecurity and lack of services worsen the situation in the capital: teachers disagree in the reopening of schools

    Source: Agenzia Fides – MIL OSI

    Tuesday, 1 July 2025

    Internet

    Khartoum (Agenzia Fides) – Most areas of Khartoum are without electricity and water, exacerbating the country’s already precarious security situation and the lack of other services such as internet and telecommunications.Recently, the humanitarian organization LIZENFO raised the alarm which reported that a large number of people in the Sudanese capital have been forced to return to displacement areas, with the exception of areas of Omdurman. According to the director of the organization, several civilians from Khartoum have returned to the United States after facing great difficulties during the conflict in the capital.Against a backdrop of general insecurity, the Sudanese Teachers’ Committee has voiced its disagreement with a decision by the Khartoum state government’s decision to reopen schools, saying that the move ignores the deteriorating security, health, and economic reality, and post a direct threat to the lives of education workers and their families. Furthermore, telecommunications networks are fluctuating, and the internet is not available most of the time. The teachers pointed out that they are forced to charge their phones, at great expense, at shops that rely on solar energy, and warned of a terrible deterioration in the humanitarian situation, and the high cost of food.Furthermore, civilians in the south and west of Khartoum are being detained and taken to unknown locations without giving reasons. Most neighborhood markets remain closed, and the public are forced to go to the central market, in addition to traveling long distances to get drinking water. (AP) (Agenzia Fides, 1/7/2025)
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  • MIL-OSI Europe: ASIA/SOUTH KOREA – On the 100th anniversary of the beatification of the Korean martyrs, a report on the persecutions of Gihae and Byeong-o

    Source: Agenzia Fides – MIL OSI

    Tuesday, 1 July 2025

    Seoul (Agenzia Fides) – A report to learn about the data of the persecutions that struck Catholics on the Korean peninsula in the 19th century. The centenary of the Eucharistic liturgy celebrated on July 5, 1925, in St. Peter’s Basilica in the Vatican, during which the first Korean martyrs were proclaimed blesseds, will also be commemorated, through the publication of documents and official records useful for reconstructing this period of witness and martyrdom.These were 79 Catholics who were killed “in odium fidei” for their faith during the persecutions of Gihae (1839) and Byeong-o (1846). In the 19th century (religious freedom was not granted to Catholics in Korea until 1895), the Korean Church estimates that approximately 16,000 Catholics were killed.To commemorate this event, the Committee for Honoring the Martyrs of the Archdiocese of Seoul has organized a series of events, beginning with a Eucharistic celebration on July 5. At 3 p.m., Archbishop Jeong Sun-taek will preside over Mass at the Shrine of the Martyrs of Seosomun, the church built on the site where executions were carried out during the Joseon Dynasty. A total of 41 of the 79 martyrs beatified in the Vatican on July 5, 1925, died at this site, which is considered “the greatest place of martyrdom in the Korean Church.”At the end of the mass, the “Data on the persecution of Gihae and Byeong-o” will be presented. This report contains official data and documents on the persecution of Gihae and Byeong-o. These are official documents from the “Annals of the Joseon Dynasty,” the “Diary of the Royal Secretariat,” and the “Declaration of the Office of Military Affairs.”The entire report was compiled based on communications and reports exchanged between the Ministry of Justice and the Police Office, which differentiates it from existing historical materials, as it focuses almost exclusively on the testimonies of those who lived through that time. Furthermore, in addition to the original texts, the study also includes translations into contemporary Korean, making the collection easy to consult for researchers.To conclude the initiatives, an exhibition entitled “Anima Mundi” will open on the evening of July 5. “Anima Mundi” is also the name of the section of the Vatican Museums that collects the legacy of the World Missionary Expo that Pope Pius XI wanted to create in the Vatican Gardens on the occasion of the Jubilee of 1925 (see Fides 28/3/2025). The Korean Church also participated in this event and presented itself to the world for the first time. The exhibition, modeled on the pavilion erected in the Vatican Gardens one hundred years ago, traces the situation of the Korean Church at that time. (F.B.) (Agenzia Fides, 1/7/2025)
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  • MIL-OSI: LPL Financial Welcomes Resilient Wealth Management

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, July 01, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisor Brandon Dixon-James, CFP®, has joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms to launch Resilient Wealth Management. He reported serving approximately $250 million in advisory, brokerage and retirement plan assets* and joins LPL from Osaic.

    Based in Fresno, Calif., Dixon-James founded Resilient Wealth Management in 2020 with the goal of providing his clients, who are mostly nearing or in retirement, with personalized support and dedicated guidance to help them pursue their fiscal goals. Supported by his team — Director of Client Events and Dixon-James’ wife Nicole James, Operations Associate Edith Corrales and Front Office Representative Amelia Kitchens — Dixon-James takes a holistic approach to wealth management. Through high-touch, high-engagement service, he offers personalized, strategic and empathetic advice tailored to his clients’ individual goals and circumstances. 

    “Our team seeks to redefine financial relationships by fostering an environment where inclusivity, clarity and dedication promote collaborative growth and help enable financial success,” Dixon-James said. “Just as the name of our firm represents, we believe in walking in lockstep with our clients, helping them navigate financial challenges and surprises and ultimately strengthening their financial well-being and ability to recover from unexpected events.”

    Looking for improved technology and the opportunity to provide an elevated client experience, Dixon-James embarked on an extensive due diligence process that led him and his team to LPL.

    “Making the move to LPL is an incredible opportunity for me to create the best version of my business,” Dixon-James said. “From LPL’s integrated and streamlined technology to the fact that they are self-clearing, everything LPL offers is with advisors in mind. But what solidified my decision to move to LPL is their commitment to the communities they serve and the fact they offer various Financial Advisor Inclusion programs, like the Black Financial Advisor Community.”

    Outside of the office, Dixon-James enjoys spending time with his wife and two children. Together, they are active in their church and enjoy spending time supporting their children’s interests and sports. Dixon-James also shares a passion for giving back to his surrounding community. He’s an active volunteer in Fresno-area underserved communities and regularly offers financial literacy courses to young people. He is a member of Kappa Alpha Psi Fraternity, Inc., and volunteers for the CFP Board Center for Financial Planning.

    Scott Posner, LPL Managing Director, Business Development, said, “We welcome Brandon, Nicole, Edith and Amelia to LPL and congratulate them on this next chapter of their business. LPL is committed to delivering innovative technology and comprehensive business solutions to help advisors differentiate their practices and increase value for their clients. We look forward to supporting Resilient Wealth Management for years to come.”

    Related

    Advisors, learn how LPL Financial can help take your business to the next level.

    About LPL Financial

    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

    Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor and broker-dealer, member FINRA/SIPC. Resilient Wealth Management and LPL Financial are separate entities.

    Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

    We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

    *Value approximated as reported to LPL

    Media Contact: 
    Media.relations@LPLFinancial.com 

    Tracking #758218

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  • MIL-OSI: CarGurus Launches a Summer of Giveaways Alongside New ‘Big Deal’ Video Series Celebrating Life’s Biggest Moments

    Source: GlobeNewswire (MIL-OSI)

    “The Big Deal Show” brings together fan-favorites in sports and entertainment to share their defining moments — and help CarGurus celebrate “big deals” with three car giveaway winners

    BOSTON, July 01, 2025 (GLOBE NEWSWIRE) — CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited site for shopping, buying, and selling new and used cars1, today launched “The Big Deal Show,” a new campaign celebrating life’s biggest moments behind the wheel and beyond. In recognition of the big deal decisions and memories that come with a car purchase, the content series taps familiar faces across entertainment and sports to share their big deal moments and help CarGurus give away three new Nissans.

    The three-part series — released each month through the end of summer — kicks off today with skateboarding legend Tony Hawk and professional snowboarder Zeb Powell. The duo reflects on everything from their first cars to the biggest moments that defined their careers. The trailblazing sports icons share candid memories from their time on the road and the big deal moments they’re looking forward to on the road ahead.

    Upcoming celebrity duos will be announced later this summer, continuing the series with unfiltered conversations about early career moments, big professional wins, and personal milestones. In tandem with the release of each episode, CarGurus will give drivers an opportunity to win a new Nissan through a limited-time sweepstakes on the CarGurus website. Each month, a winner will be selected to receive a brand-new car (approximately $50,000 in value), along with funds to cover related expenses.

    “CarGurus understands the fact that it’s a big deal to buy a car. It’s a major, emotional purchase, and for many of us, our cars become the backdrop for life’s biggest moments,” said Dafna Sarnoff, Chief Marketing Officer at CarGurus. “That’s why we’re bringing together personalities who are big deals in their own right and reflect our shoppers in having a connection to their cars and the big roles they’ve played in their lives. Through these stories and our giveaway, we’re shining a spotlight on the big moments that give a deeper meaning to big deals like car buying.”

    “The Big Deal Show” is an extension of CarGurus’ national brand campaign, “Big Deal,” which pays tribute to the big decisions drivers make along the buy/sell journey to reach their ideal outcome. The campaign underscores CarGurus’ role in helping consumers find the best deal on their big deal, providing shoppers the largest selection of new and used vehicles in the U.S.2 on the No. 1 most visited car-shopping site1.

    “It was a privilege to bring these fun and extremely relatable stories to life with the help of CarGurus,” said Paul Scheer, Director of The Big Deal Show. “Turns out, no matter how famous you are, we all remember our first car.”

    To follow each episode of “The Big Deal Show” and enter the giveaway, visit: https://www.cargurus.com/about/big-giveaway

    About CarGurus, Inc.
    CarGurus (Nasdaq: CARG) is a multinational, online automotive platform for buying and selling vehicles that is building upon its industry-leading listings marketplace with both digital retail solutions and the CarOffer online wholesale platform. The CarGurus platform gives consumers the confidence to purchase and/or sell a vehicle either online or in-person, and it gives dealerships the power to accurately price, effectively market, instantly acquire, and quickly sell vehicles, all with a nationwide reach. The company uses proprietary technology, search algorithms, and data analytics to bring trust, transparency, and competitive pricing to the automotive shopping experience. CarGurus is the most visited automotive shopping site in the U.S. 1

    CarGurus also operates online marketplaces under the CarGurus brand in Canada and the U.K. In the U.S. and the U.K., CarGurus also operates the Autolist and PistonHeads online marketplaces, respectively, as independent brands.

    To learn more about CarGurus, visit www.cargurus.com, and for more information about CarOffer, visit www.caroffer.com.

    CarGurus® is a registered trademark of CarGurus, Inc., and CarOffer® is a registered trademark of CarOffer, LLC. All other product names, trademarks and registered trademarks are the property of their respective owners.

    1Similarweb: Traffic Report [Cars.com, Autotrader, TrueCar, CARFAX Listings (defined as CARFAX Total
    visits minus Vehicle History Reports traffic)], Q1 2025, U.S.
    2Compared to Autotrader.com, Cars.com, TrueCar.com (YipitData as of December 31, 2024),
    and CarFax (Joreca as of December 31, 2024)

    Media Contact:
    Maggie Meluzio
    Director, Public Relations & External Communications
    pr@cargurus.com

    Investor Contact:
    Kirndeep Singh
    Vice President, Head of Investor Relations
    investors@cargurus.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6a93636c-9637-482f-a51c-a413f5ee8356

    The MIL Network

  • MIL-OSI: FINDMINING launches free cloud mining service with zero threshold, taking advantage of the bull market of BTC, DOGE and XRP

    Source: GlobeNewswire (MIL-OSI)

    Los Angeles, California, July 01, 2025 (GLOBE NEWSWIRE) — With Bitcoin (BTC) returning to above $108,000 recently, and Dogecoin (DOGE) and Ripple (XRP) reaching new highs in market activity, the cryptocurrency mining track has once again attracted the attention of retail and institutional investors around the world. Against this backdrop, UK-certified FINDMINING is rapidly rising, becoming a new outlet for retail investors to participate in crypto mining with its secure, flexible, and zero upfront cost cloud mining solutions.

    For a long time, traditional crypto mining has been regarded as a “game of capital and technology”. The high investment in mining machines, complex configuration and huge electricity consumption have discouraged ordinary users.The emergence of FINDMINING, with its new model of “0 equipment investment, free trial and stable income”, has lowered the threshold for participation for ordinary investors, making mining a truly popular passive income channel.

    Key highlights of FINDMINING:

    Double security escort
    FINDMINING integrates McAfee® and Cloudflare® protection to defend against hackers and network attacks in real time, ensuring the safety of user data and mining assets.

    Free trial, zero management fee:
    Unlike traditional mining pools that often start with hundreds of dollars FINDMINING provides new users with a $15 registration bonus and $0.6 in free mining income per day, without charging any hidden fees or management fees, truly achieving transparent operations.

    100% uptime, 24/7 support:
    FINDMINING promises uninterrupted cloud computing operation throughout the year and provides 24/7 technical support, allowing users to keep abreast of mining trends and easily manage their earnings.

    Multi-currency support, keeping up with market trends:
    In addition to BTC, DOGE, and XRP, FINDMINING also supports 13 mainstream digital currencies such as Litecoin (LTC) and Ethereum (ETH). Users can flexibly switch mining currencies according to market conditions and seize hot bonuses.

    It only takes three steps to register for mining and catch up with the bull market bonus

     1️⃣ Register an account:All you need is an email address, 1 minute to sign up and get a $15 starter bonus.

     2️⃣ Select the hash rate contract:Flexible short-term and long-term contracts are available for users to choose from, with a minimum investment of as low as $100. Profits are settled daily and can be reinvested or withdrawn at any time.

    3️⃣ Real-time monitoring and withdrawal:Through the FINDMINING dashboard, you can keep track of the computing power status and income details at any time, support daily fast withdrawals, and truly realize passive income flow.

    Examples of popular computing power contracts (latest as of 2025):

    • LTC, DOGE basic computing power: starting from $100, 2-day contract, daily income of $4, expiration income of $108
    • DOGE stable computing power:Starting from $500, 5-day contract, daily profit of $6.5, expiration profit of $532.5
    • BTC, XRP, LTC advanced computing power:$5,000, 25-day contract, daily profit $66, expiration profit $6,650
    • BTC high-quality computing power:$12,000, 40-day contract, daily profit $157.2, expiration profit $17,816

    More flexible contracts can be found on the FINDMINING official website(https://findmining.com)to view.

    Following the market trend, FINDMINING may become the next “dark horse of cloud mining”

    Since 2025, the continued influx of Bitcoin ETFs around the world and the clarification of blockchain regulatory frameworks by central banks around the world have brought cryptocurrencies back into the public eye.With the recovery of institutional demand and the superposition of retail investors’ FOMO sentiment, the on-chain activity of mainstream currencies such as BTC, DOGE, and XRP has reached new highs, and the potential profit space for mining has also increased accordingly.

    In this context, FINDMINING takes compliance, flexibility and sustainability as its core strengths:

    • As a platform registered and certified in the UK, FINDMINING’s compliance endorsement provides strong protection for the security of user funds.
    • Its “zero equipment investment and free trial” model significantly reduces the user’s trial and error costs, and is particularly suitable for crypto novices who are just entering the market.
    • The cloud computing center adopts a green energy power supply solution, which is more environmentally friendly and sustainable than traditional high-energy consumption mining machines, and is in line with the current global policy orientation towards a low-carbon economy.

    Conclusion

    As Bitcoin once again reaches its all-time high and the trading volume of popular currencies such as DOGE and XRP soars, more and more users are beginning to regard cloud mining as part of their crypto asset portfolio.The emergence of FINDMINING not only lowers the entry threshold, but also provides a flexible, secure and predictable profit model, and is expected to occupy a place in the new round of changes in the crypto mining industry in 2025.

    Visit the official website now https://findmining.com Or download the FINDMINING mobile app https://findmining.com#app , get computing power for free and start your passive mining journey!

    Contact Details:info@findmining.com

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

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    The MIL Network

  • MIL-OSI: DEAL Mining obtains MSB license and ranks among the global cloud computing power rankings

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, CA, July 01, 2025 (GLOBE NEWSWIRE) — As a globally trusted cloud mining platform, DEAL Mining has officially obtained a Money Services Business (MSB) license issued by FinCEN, marking its full compliance with international financial regulatory standards.
    In 2025, DEAL Mining also topped the global cloud mining efficiency and security rankings with its investment in green energy, artificial intelligence mining infrastructure, and a strong fund protection system.
    These two honors highlight DEAL Mining’s commitment to transparency, legal compliance, and providing safe, efficient, and sustainable passive income opportunities for users around the world.
    Today, DEAL Mining serves more than 9 million users in more than 190 countries. DEAL Mining is redefining the way individuals and institutions participate in the digital asset economy by complying with the law, focusing on environmental sustainability, and long-term profitability.

    DEAL Mining’s platform features and advantages

    Registration rewards and alliance mechanism: New users will receive a $15 bonus upon registration, and daily sign-in will get additional rewards, with promotion rebates up to 4.5%.

    Multi-currency support and flexible recharge: Supports recharge and withdrawal of more than ten mainstream cryptocurrencies such as BTC, ETH, DOGE, LTC, USDT, USDC, BNB, XRP, SOL, etc.

    High-level security protection: Adopts EV SSL encryption, McAfee and Cloudflare dual protection, and fully encrypts user funds and data.

    24/7 customer service support: Provides 24-hour manual customer service, fast response, and supports global users to consult and solve problems at any time.

    Zero equipment threshold, easy operation: Users do not need to buy mining machines or master professional skills, just register and select contracts to start daily mining income.

    Stable passive income, rich contracts: Provides different levels of contract plans, high and stable daily income, suitable for novice and senior investors.

    The ideal contract plan for all investors

    Mining Plan Investment ($) Profit ($) Contract Days Daily Profit ($)
    M30s++ (BTC) 100 8 2 4.0
    A1326-109T (DOGE) 500 30 5 6.0
    M60 (BTC) 1000 126 10 12.6
    S21 Pro (DOGE) 3500 924 20 46.2
    M63S+ (BTC) 6000 2184 26 84.0
    S19 XP+ Hyd 10000 4805 31 155.0
    S21 XP+ Hyd 15000 8910 36 247.5

    For example, taking the S19 XP+ Hyd contract as an example, the investor initially invests $10,000, with a daily interest rate of 1.55%, 31 days (daily income of $155), and the total income after 31 days is $14,805 (10,000 principal return + $4,805 profit). For a complete list of stable income contracts, please visit the company’s official website: https://DEALMining.com

    Looking to the future

    DEAL Mining will continue to increase investment in green energy, intelligent algorithms and global compliance layout, continue to optimize user experience, lower the threshold for participation, and allow more people to easily and safely participate in the growth of crypto assets.
    In this digital age full of opportunities and challenges, DEAL Mining is not only a one-stop cloud mining service platform, but also an important bridge between users and crypto wealth.
    Deal Mining is firmly compliant, innovation-driven, and user-centric, leading a digital income revolution that belongs to the future.

    About DEALMining

    Founded in 2016 and headquartered in the UK, DEAL Mining is a global leader in smart cloud mining solutions. The platform uses clean energy and AI-driven mining infrastructure to provide users with an efficient and low-threshold way to earn passive income from cryptocurrencies.
    With industry-grade security, 24/7 customer support and a fully transparent profit model, DEAL Mining continues to empower users around the world to help them mine smarter, profit faster, and accumulate cryptocurrency wealth more safely.
    For more information, please visit https://DEALmining.com or contact info@DEALmining.com
    Mobile APP download: https://dealmining.com/xml/index.html#/app

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    The MIL Network

  • MIL-OSI: Morgan Auto Group Adopts Point Predictive’s BorrowerCheck and IEValidate at 77 dealerships to Combat Fraud And Costly Buybacks

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, July 01, 2025 (GLOBE NEWSWIRE) — Point Predictive, the leader in artificial intelligence solutions for consumer lending, today announced a strategic partnership with Morgan Auto Group, one of the nation’s largest automotive dealer groups with 77 dealerships across Florida. The collaboration integrates Point Predictive’s BorrowerCheck™ and IEValidate™ solutions, giving Morgan Auto Group comprehensive fraud detection capabilities and frictionless income and employment validation.

    The partnership comes as dealers face an alarming surge in identity, income, and employment fraud schemes over the past year alone. Point Predictive’s 2025 analysis reveals dealers increasingly bear the financial burden of $9.2 million in auto loan fraud annually. With the typical fraud-related buyback now averaging $27,500 per incident, dealers who haven’t updated their fraud prevention tools face potentially significant financial exposure that market leaders are already protecting against.

    “BorrowerCheck gives us unprecedented protection against fraud schemes that traditionally lead to costly buybacks,” said Brett Morgan, CEO of Morgan Auto Group. “With red flags and alerts that cover identity, income, and employment, we can use the expanded data insights to service our car buyers more efficiently and safely. This technology helps us confidently get legitimate buyers the financing they need faster while significantly reducing our exposure to fraud.”

    The implementation of these solutions delivers three transformative benefits to Morgan Auto Group:

    • Slash Fraud Losses – Prevents 90% of fraud typically missed by traditional methods, dramatically reducing costly buybacks from lenders.
    • Accelerates Customer Verification – Replaces 5-minute knowledge-based surveys with 20-second SMS verification, eliminating friction that drives customers away.
    • Eliminates Income & Employment Documentation Hassles – Validates income and employment against data containing over 23 million+ employers and 312 million+ income reports instantly without paystub requirements, while screening against 14,000+ known fake employers.

    “This partnership with Morgan Auto Group demonstrates our commitment to protecting dealerships from the growing wave of fraud affecting the auto industry,” said Tim Grace, CEO of Point Predictive. “By combining BorrowerCheck’s comprehensive fraud detection with IEValidate’s frictionless income verification, we’re providing Morgan with the tools to significantly reduce buyback risk while creating a seamless experience for legitimate buyers.”

    BorrowerCheck transforms the car buying process through a comprehensive fraud detection platform. The solution identifies potential fraud across multiple dimensions—including identity theft, synthetic identities, and income misrepresentation—while replacing cumbersome knowledge-based surveys with a simple one-time passcode sent directly to the customer’s phone.

    IEValidate eliminates the need for dealers to collect and verify paystubs. IEValidate instantly validates income, occupation, and employment history by cross-referencing Point Predictive’s proprietary database of more than 312 million income reports and 23 million employers. These solutions allow dealers to simultaneously reduce fraud losses while removing the friction points that traditionally drive customers away.

    As one of the automotive industry’s most forward-thinking leaders, Morgan Auto Group continues to set the benchmark for running a profitable and safe dealership operation. While many dealers still rely on outdated fraud detection methods developed decades ago, Morgan Auto Group’s approach is positioning them to capture market share safely from other dealerships. This strategic investment in fraud prevention technology not only protects their impressive 77-dealership operation but also reaffirms their reputation as the dealership group that others look to for tomorrow’s best practices.

    About Point Predictive

    Point Predictive powers a new level of lending confidence and speed through artificial intelligence, powerful data insight from our proprietary data repository, and decades of risk management expertise. The company’s data and technology solutions quickly and accurately identify truthful and untruthful disclosures on loan applications. As a result, lenders can fund most loans without requiring onerous documentation, such as pay stubs, utility bills, or bank statements, improving funding rates while reducing early payment default losses. Subsequently, borrowers get loans faster, and lenders realize a more profitable bottom line. For more information, please visit www.pointpredictive.com.

    About Morgan Auto Group

    Morgan Auto Group is one of the largest automotive dealer groups in the nation, with dealerships across Florida offering a wide selection of new and pre-owned vehicles. The group is committed to providing exceptional customer service and creating a streamlined, enjoyable car-buying experience. Morgan Auto Group’s dedication to innovation and customer satisfaction has established it as a leader in the automotive retail industry. For more information, please visit www.morganautogroup.com.

    The MIL Network

  • MIL-OSI: Pete Koat Appointed CEO of Axyom.Core to Advance Cloud Native Wireless Solutions

    Source: GlobeNewswire (MIL-OSI)

    ANDOVER, Mass., July 01, 2025 (GLOBE NEWSWIRE) — Axyom.Core, a global provider of cloud native wireless core and enterprise radio access network (RAN) solutions, today announced the appointment of Pete Koat as CEO.

    Koat brings more than 20 years of experience in communication and data technologies working with customers, sales teams and partners to research, analyze and develop custom solutions that address their business needs.

    Koat joined Lumine Group through its acquisition of Incognito Software Systems in 2014, where he served as CEO. He worked at Incognito for more than 10 years, starting as chief technology officer and ultimately becoming CEO. Following the acquisition, Koat led the post-acquisition integration of multiple P&Ls within Motive, alongside his role as Group Technology Expert at Lumine Group.

    A founding member of the Connected Home Council within the Broadband Forum, Koat is now in his eighth year with the industry group, which focuses on accelerating adoption of broadband access, smart home technologies, in-home networking, Wi-Fi, and consumer electronics.

    “Stepping into the CEO role at Axyom.Core comes at a critical time for our industry. The need for agile, cloud native network solutions has never been greater, and Axyom.Core is ready to meet that demand,” said Koat. “I’m looking forward to leading the company through this next phase of innovation and growth and collaborating with our fantastic customers.”

    About Axyom.Core
    Axyom.Core is a global leader in cloud native wireless core and radio access network solutions, trusted by six of the world’s top 10 communications service providers. Its product portfolio includes high-performance 4G and 5G converged core, Femto core, security gateway, and enterprise RAN units.The Axyom.Core platform offers unparalleled efficiency, scalability, and economics, ensuring that customers remain at the forefront of the rapidly-evolving telecommunications landscape. For more information, visit www.axyomcore.ai.

    Media Contact
    Glenn Rossman for Axyom.Core
    glenn@eckertcomms.com

    The MIL Network

  • MIL-OSI: Pete Koat Appointed CEO of Axyom.Core to Advance Cloud Native Wireless Solutions

    Source: GlobeNewswire (MIL-OSI)

    ANDOVER, Mass., July 01, 2025 (GLOBE NEWSWIRE) — Axyom.Core, a global provider of cloud native wireless core and enterprise radio access network (RAN) solutions, today announced the appointment of Pete Koat as CEO.

    Koat brings more than 20 years of experience in communication and data technologies working with customers, sales teams and partners to research, analyze and develop custom solutions that address their business needs.

    Koat joined Lumine Group through its acquisition of Incognito Software Systems in 2014, where he served as CEO. He worked at Incognito for more than 10 years, starting as chief technology officer and ultimately becoming CEO. Following the acquisition, Koat led the post-acquisition integration of multiple P&Ls within Motive, alongside his role as Group Technology Expert at Lumine Group.

    A founding member of the Connected Home Council within the Broadband Forum, Koat is now in his eighth year with the industry group, which focuses on accelerating adoption of broadband access, smart home technologies, in-home networking, Wi-Fi, and consumer electronics.

    “Stepping into the CEO role at Axyom.Core comes at a critical time for our industry. The need for agile, cloud native network solutions has never been greater, and Axyom.Core is ready to meet that demand,” said Koat. “I’m looking forward to leading the company through this next phase of innovation and growth and collaborating with our fantastic customers.”

    About Axyom.Core
    Axyom.Core is a global leader in cloud native wireless core and radio access network solutions, trusted by six of the world’s top 10 communications service providers. Its product portfolio includes high-performance 4G and 5G converged core, Femto core, security gateway, and enterprise RAN units.The Axyom.Core platform offers unparalleled efficiency, scalability, and economics, ensuring that customers remain at the forefront of the rapidly-evolving telecommunications landscape. For more information, visit www.axyomcore.ai.

    Media Contact
    Glenn Rossman for Axyom.Core
    glenn@eckertcomms.com

    The MIL Network

  • MIL-OSI: Riverview Bancorp, Inc. Added to Russell 2000 Index

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, Wash., July 01, 2025 (GLOBE NEWSWIRE) — Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today announced it was added to the Russell 3000 Index® and Russell 2000® Index when Russell Investments reconstituted its comprehensive set of U.S. and global equity indexes on June 30, 2025.

    “Being added to the Russell 2000® Index is an important milestone for Riverview and reflects the strong progress we have made in growing the value of our franchise and increasing shareholder value,” said Nicole Sherman, President and CEO of the Company. “We expect our inclusion in the Russell Indices to generate greater visibility among institutional investors and our commitment to being the best-in-class community bank in the Pacific Northwest.”

    Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to the data as of the end of June 2024, about $10.6 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, the global index provider.

    For more information on the Russell 2000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.

    About Riverview

    Riverview Bancorp, Inc. (www.riverviewbank.com) is headquartered in Vancouver, Washington – just north of Portland, Oregon, on the I-5 corridor. With assets of $1.51 billion at March 31, 2025, it is the parent company of Riverview Bank, as well as Riverview Trust Company. The Bank offers true community banking services, focusing on providing the highest quality service and financial products to commercial, business and retail clients through 17 branches, including 13 in the Portland-Vancouver area, and 3 lending centers. For the past 11 years, Riverview has been named Best Bank by the readers of The Vancouver Business Journal and The Columbian.

    This press release contains statements that the Company believes are “forward-looking statements.” These statements relate to the Company’s financial condition, results of operations, plans, objectives, future performance or business. You should not place undue reliance on these statements, as they are subject to risks and uncertainties. When considering these forward-looking statements, you should keep in mind these risks and uncertainties, as well as any cautionary statements the Company may make including those described in 1A (Risk Factors) of the Company’s Form 10-K for the fiscal year ended March 31, 2025. Moreover, you should treat these statements as speaking only as of the date they are made and based only on information then actually known to the Company.

    About FTSE Russell
    FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.

    Contact:
    Nicole Sherman, President & CEO
    David Lam, CFO                
    360-693-6650    

    The MIL Network

  • MIL-OSI: Applied Systems Announces New Alliance Partnership

    Source: GlobeNewswire (MIL-OSI)

    Chicago, IL., July 01, 2025 (GLOBE NEWSWIRE) — Applied Systems® today announced FirstChoice, a MarshBerry Company, as its newest Alliance Partner, delivering educational resources and innovative technology to its members. Through the Applied Partner Program, FirstChoice helps its member agencies seamlessly connect to the digital roundtrip of insurance by providing access to Applied’s Digital Agency and EZLynx’s agency management technology, enabling them to create operational efficiency at every stage of the lifecycle and grow their business.

    “As volatile premium rates and an increased emphasis on digital marketplaces and personalized customer service continue to change the industry, we are committed to ensuring our member agencies are equipped to succeed,” said Keith Captain, president, FirstChoice. “Partnering with Applied gives FirstChoice members the resources, tools, and strategic support they need to embrace technology solutions so they can enable sustained and profitable revenue growth.” 

    Applied’s Digital Agency solution consists of a foundational management system, payment hub, online customer self-service and mobile technology, commercial lines application digitization and automation, and insurer connectivity, all hosted in the cloud. The fully integrated solution enables agencies to create higher-value business transactions and deliver superior customer experiences throughout the entire insurance lifecycle. By leveraging integrated applications that enable agencies to manage their entire business and eliminate duplicative work typically caused by multiple, disparate systems, digital agencies operate more efficiently, improve customer service, and accelerate growth and profitability across all lines of business.

    EZLynx’s integrated agency management technologies provide comparative rating, agency management and automation, commercial submissions, retention tools, consumer quoting, email marketing, text messaging, online client self-servicing, and so much more. The system maximizes agencies’ potential by increasing their ability to retain current customers while acquiring new business. By providing a central location, EZLynx enables agents to generate and store quotes, policies and documents, as well as easily remarket with up-to-date information that is synced from agents’ daily policy downloads. Through advanced automation and the ability to seamlessly connect to insurers and insureds, agents using EZLynx improve productivity, simplify management, optimize serviceability and increase profitability. 

    The Applied Alliance Partner Program creates additional value in the independent insurance distribution channel by providing greater resources to networks and their agencies for sustainable business growth. Through collaboration, the program identifies and engages insurance network membership organizations on technology and market initiatives that benefit their business and member agencies. Learn more about the Applied Alliance Partner Program.

    “Technology continues to create new business and service models that help independent agents keep up with consumer demands and become better business partners to their insured clients,” said Chris Cline, vice president, sales, alliance partnerships, Applied Systems. “We are proud to welcome FirstChoice to the Applied Partner Program, delivering their members access to technology best practices, industry expertise and Applied product solutions that strengthen customer relationships and drive growth for their businesses.”

    # # #

    The Applied products and logos are trademarks of Applied Systems, Inc., registered in the U.S.

    About Applied Systems
    Applied Systems is the leading global provider of cloud-based software that powers the business of insurance. Recognized as a pioneer in insurance automation and the innovation leader, Applied is the world’s largest provider of agency and brokerage management systems, serving customers throughout the United States, Canada, the Republic of Ireland, and the United Kingdom. By automating the insurance lifecycle, Applied’s people and products enable millions of people around the world to safeguard and protect what matters most.

    MarshBerry – Helping Clients Learn, Improve & Realize Value
    MarshBerry is a global leader in financial services and consulting dedicated to helping insurance brokerages, and firms in the wealth management industry, achieve sustained growth and value for every stage of ownership. With a legacy spanning over 40 years, MarshBerry offers an extensive suite of services, including Investment Banking (Merger & Acquisition Advisory; Capital Raising), Financial Consulting (Strategic Planning; Valuations; Perpetuation Planning), Organic Growth Consulting (Leadership, Sales & Talent Solutions), Executive Peer Exchange, Agency Network and Market Intelligence and Performance Benchmarking. For more information, visit www.MarshBerry.com.

    The MIL Network

  • MIL-OSI: NBT Bancorp Inc. Announces Date of Second Quarter Conference Call

    Source: GlobeNewswire (MIL-OSI)

    NORWICH, N.Y., July 01, 2025 (GLOBE NEWSWIRE) — NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) will release details of its financial results for the second quarter 2025 on Monday, July 28, 2025, following the market close. The Company will host a conference call at 10:00 a.m. (Eastern) Tuesday, July 29, 2025, to review these results.

    The audio webcast link, along with the corresponding presentation slides, will be available on the Company’s Event Calendar page at www.nbtbancorp.com/bn/presentations-events.html#events prior to the beginning of the conference call. The call will also be archived on the Company’s website for twelve months and can be accessed at any time and at no cost during this period.

    Corporate Overview

    NBT Bancorp Inc. is a financial holding company headquartered in Norwich, NY, with total assets of $13.86 billion at March 31, 2025. The Company primarily operates through NBT Bank, N.A., a full-service community bank, and through two financial services companies. NBT Bank, N.A. has 175 banking locations in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, Maine and Connecticut. EPIC Retirement Plan Services, based in Rochester, NY, is a national benefits administration firm. NBT Insurance Agency, LLC, based in Norwich, NY, is a full-service insurance agency. More information about NBT and its divisions is available online at: www.nbtbancorp.com, www.nbtbank.com, www.epicrps.com and www.nbtbank.com/Insurance.

    Contact: Scott A. Kingsley President and CEO
    Annette L. Burns, Executive Vice President and CFO
    NBT Bancorp Inc.
    52 South Broad Street
    Norwich, NY 13815
    607-337-6589

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

    The MIL Network

  • MIL-OSI: Nutanix Study Finds Adoption of GenAI and Containers in the Healthcare Sector Has Accelerated, But IT Infrastructure Modernization to Support it Lags Behind

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, Calif., July 01, 2025 (GLOBE NEWSWIRE) — Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, announced the findings of its seventh annual global Healthcare Enterprise Cloud Index (ECI) survey and research report, which measures enterprise progress with cloud adoption in the industry. The research showed that 99% of healthcare organizations surveyed are currently leveraging GenAI applications or workloads today, more than any other industry. This includes a mix of applications from AI-powered chatbots to code co-pilots and clinical development automation. However, the overwhelming majority (96%) share that their current data security and governance measures are insufficient to fully support GenAI at scale.

    “In healthcare, every decision we make has a direct impact on patient outcomes – including how we evolve our technology stack,” said Jon Edwards, Director IS Infrastructure Engineering at Legacy Health. “We took a close look at how to integrate GenAI responsibly, and that meant investing in infrastructure that supports long-term innovation without compromising on data privacy or security. We’re committed to modernizing our systems to deliver better care, drive efficiency, and uphold the trust that patients place in us.”

    This year’s report revealed that healthcare leaders are adopting GenAI at record rates while concerns remain. The number one issue flagged by healthcare leaders is the ability to integrate it with existing IT infrastructure (79%) followed closely by the fact that healthcare data silos still exist (65%), and development challenges with cloud native applications and containers (59%) are persistent.

    “While healthcare has typically been slower to adopt new technologies, we’ve seen a significant uptick in the adoption of GenAI, much of this likely due to the ease of access to GenAI applications and tools,” said Scott Ragsdale, Senior Director, Sales – Healthcare & SLED at Nutanix. “Even with such large adoption rates by organizations, there continue to be concerns given the importance of protecting healthcare data. Although all organizations surveyed are using GenAI in some capacity, we’ll likely see more widespread adoption within those organizations as concerns around privacy and security are resolved.”

    Healthcare survey respondents were asked about GenAI adoptions and trends, Kubernetes and containers, how they’re running business and mission critical applications today, and where they plan to run them in the future. Key findings from this year’s report include:

    • GenAI solution adoption and deployment across healthcare will necessitate a more comprehensive approach to data security. Healthcare respondents indicate a significant amount of work needs to be done to improve the foundational levels of data security/governance required to support GenAI solution implementation and success. The No. 1 challenge faced by healthcare organizations when it comes to leveraging or expanding utilization of GenAI is privacy and security concerns of using large language models (LLMs) with sensitive company data. Furthermore, 96% of healthcare respondents agree that their organization could be doing more to secure their GenAI models and applications. Improving data security and governance at the scale needed to support emerging GenAI workloads will be a long-term challenge and priority for many healthcare organizations.
    • Prioritize infrastructure modernization to support GenAI at scale across healthcare organizations. Running modern applications at enterprise scale requires infrastructure solutions that can support the necessary requirements for complex data security, data integrity and resilience. Unfortunately, 99% of healthcare respondents admit they face challenges when scaling GenAI workloads from development to production – with the No. 1 issue being integration with existing IT infrastructure. For this reason, we believe it is imperative that healthcare IT decision-makers prioritize infrastructure investments and modernization as a key enabling component of GenAI initiatives.
    • GenAI solution adoption in the healthcare sector continues at a rapid pace, but there are still challenges to overcome. When it comes to GenAI adoption, healthcare metrics are excellent, with 99% of industry respondents saying their organization is leveraging GenAI applications/workloads today. Most healthcare organizations believe GenAI solutions will help improve levels of productivity, automation, and efficiency.
    • Meanwhile, real-world GenAI use cases across healthcare segments gravitate towards GenAI-based customer support and experience solutions (e.g., chatbots), and code generation and code co-pilots. However, healthcare organizations also note a range of challenges and potential hindrances regarding GenAI solution development and deployment, including patient data security and privacy, scalability, and complexity.
    • Application containerization and Kubernetes® deployments are expanding across the healthcare industry. Container-based infrastructure and application development has the potential to allow organizations to deliver seamless, secure access to patient and business data across hybrid and multicloud environments. Application containerization is pervasive across industry sectors and is set to expand in adoption across healthcare as well, with 99% of industry respondents saying their organization is at least in the process of containerizing applications.This trend may be driven by the fact that 92% of healthcare respondents agree their organization benefits from adopting cloud native applications/containers. These findings suggest that the majority of IT decision-makers in healthcare will be considering how containerization fits into expansion strategies for new and existing workloads.

    For the seventh consecutive year, Nutanix commissioned a global research study to learn about the state of global enterprise cloud deployments, application containerization trends, and GenAI application adoption. In the Fall of 2024, U.K. researcher Vanson Bourne surveyed 1,500 IT and DevOps/Platform Engineering decision-makers around the world. The respondent base spanned multiple industries, business sizes, and geographies, including North and South America; Europe, the Middle East and Africa (EMEA); and Asia-Pacific-Japan (APJ) region.

    To learn more about the report and findings, please download the full Healthcare Nutanix Enterprise Cloud Index, here and read the blog here.

    About Nutanix
    Nutanix is a global leader in cloud software, offering organizations a single platform for running applications and managing data, anywhere. With Nutanix, companies can reduce complexity and simplify operations, freeing them to focus on their business outcomes. Building on its legacy as the pioneer of hyperconverged infrastructure, Nutanix is trusted by companies worldwide to power hybrid multicloud environments consistently, simply, and cost-effectively. Learn more at www.nutanix.com or follow us on social media @nutanix.

    © 2025 Nutanix, Inc. All rights reserved. Nutanix, the Nutanix logo, and all Nutanix product and service names mentioned herein are registered trademarks or unregistered trademarks of Nutanix, Inc. (“Nutanix”) in the United States and other countries. Other brand names or marks mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s). This press release is for informational purposes only and nothing herein constitutes a warranty or other binding commitment by Nutanix. This release may contain express and implied forward-looking statements, which are not historical facts and are instead based on Nutanix’s current expectations, estimates and beliefs. The accuracy of such statements involves risks and uncertainties and depends upon future events, including those that may be beyond Nutanix’s control, and actual results may differ materially and adversely from those anticipated or implied by such statements. Any forward-looking statements included herein speak only as of the date hereof and, except as required by law, Nutanix assumes no obligation to update or otherwise revise any of such forward-looking statements to reflect subsequent events or circumstances.

    The MIL Network

  • MIL-OSI: SailPoint Announces Addition to Russell 3000® Index

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, July 01, 2025 (GLOBE NEWSWIRE) — SailPoint, Inc. (Nasdaq: SAIL), a leader in unified identity security for enterprises, today announced it has been added as a member of the broad-market Russell 3000® Index, which became effective after the US markets opened on June 30, 2025, as part of the 2025 Russell indexes reconstitution.

    The annual reconstitution of the Russell US indexes captures the 4,000 largest US stocks as of April 30, ranking them by total market capitalization. Membership in the Russell 3000® Index, which remains in place for at least one year, also means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell, a global index provider, determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.

    “Inclusion in the Russell 3000® Index is a strong validation of the growth and momentum we’ve built at SailPoint,” said Brian Carolan, Chief Financial Officer, SailPoint. “We believe this milestone will enhance our exposure to a broader investor base and support continued shareholder value as we strive to scale our business and advance our leadership in identity security.”

    Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2024, about $10.6 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell.

    For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.

    About SailPoint
    At SailPoint, we believe enterprise security must start with identity at the foundation. Today’s enterprise runs on a diverse workforce of not just human but also digital identities—and securing them all is critical. Through the lens of identity, SailPoint empowers organizations to seamlessly manage and secure access to applications and data at speed and scale. Our unified, intelligent, and extensible platform delivers identity-first security, helping enterprises defend against dynamic threats while driving productivity and transformation. Trusted by many of the world’s most complex organizations, SailPoint secures the modern enterprise.

    About FTSE Russell, an LSEG Business
    FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering. 

    FTSE Russell is wholly owned by London Stock Exchange Group. 

    For more information, visit FTSE Russell.

    Investor Relations for SailPoint
    Scott Schmitz, SVP IR
    IR@sailpoint.com

    Media Relations for SailPoint
    Samantha Person
    Senior Manager, PR & Corporate Communications
    Samantha.Person@SailPoint.com

    The MIL Network

  • MIL-OSI: Paytronix Partners with Auphan Software to Expand Canadian Footprint; Drive Interoperability for SMB Operators

    Source: GlobeNewswire (MIL-OSI)

    NEWTON, Mass. and VANCOUVER, British Columbia, July 01, 2025 (GLOBE NEWSWIRE) — Paytronix, an Access Group company and leader in guest engagement for restaurants and convenience stores, today announced a new partnership with Canadian POS provider, Auphan Software. Paytronix has a long-standing history of providing industry leading support and guest experiences for Canadian brands such as Foodtastic, A&W Canada and Marble Slab Creamery Canada – which recently launched with Paytronix last August.

    The integration aims to add another option for hospitality brands that are looking to customize their product suite with the tools they prefer. Whether they’re a customer of Auphan, or a customer of Paytronix, this integration will provide additional flexibility for customers, giving them the ability to get the best of both worlds.

    Additionally, in a growing market with new solutions for analytics, the partnership stands to provide both brands further recognition within the Canadian market.

    “Our partnership with Paytronix brings together two innovative platforms,” said Andy Ould, Director of Operations at Auphan. “This partnership will empower our customers with deeper integrations, smarter tools, and a seamless guest experience.”

    Auphan is a software provider for mid-sized restaurants, hospitality and retail brands primarily located in Canada, United States, Asia and Europe. They feature customers such as Old Spaghetti Factory, Quesada Burritos & Tacos, and Quiznos. In addition to their POS system, Auphan’s platform offers their customers a variety of enterprise management tools and integrated services similar to Paytronix such as Online Ordering and Loyalty, as well as kitchen display systems, real time analytics and performance tracking.

    “Just as consumers are looking for personalized, custom experiences – our customers are looking for much of the same. Paytronix provides the preferred methods to curate dynamic experiences that guests are looking for,” said Kalani Stephens, Director of Strategic Partnerships at Paytronix. “We’re always looking to partner with forward-thinking companies that share the Paytronix vision of enhancing guest experiences through technology. Auphan Software’s innovative POS and enterprise solutions align perfectly with our customer engagement platform. Together, we’re empowering businesses to build stronger relationships with their guests and drive long-term loyalty.”

    Paytronix has strategic partnerships with more than 100 brands across North America and Europe, and features integrations with more than 500 platforms, allowing customers to customize their stack as they want.

    About Paytronix
    Paytronix, an Access Group company, is a cloud-based digital guest engagement platform for the hospitality industry. Our innovative, unified platform provides loyalty programs, online ordering, gift cards, branded mobile applications, and strategic insights to more than 1,800 leading restaurant and convenience store brands. Our valued clients leverage the power of Paytronix across 50,000 sites globally to create seamless, personalized, and brand-authentic experiences that foster lasting relationships with their customers. For more than 20 years, Paytronix has been a trusted partner helping brands maximize the lifetime value of their guests and grow more profitable businesses. For more information, visit www.paytronix.com.

    About Auphan Software
    Auphan Software, headquartered in Vancouver, B.C., specializes in delivering enterprise-grade, point-of-sale and management solutions tailored for franchises, multi-location, and independent foodservice, retail, and hospitality operators. Trusted by businesses across Canada, United States, and Asia, Auphan supports complex operational needs with a unified hybrid POS system with built in online ordering, KDS, and loyalty rewards and more.

    Built with scalability and consistency in mind, Auphan Software empowers enterprise and franchise networks to centralize control while enabling individual locations to perform with efficiency and flexibility. From real-time performance insights to seamless menu and promotion updates across all sites, Auphan helps brands maintain quality, increase speed of service, and deliver a unified guest experience at scale.

    Our expert team partners with organizations to design and deploy customized solutions that align with brand standards and evolving technology goals—ensuring every location runs smarter, faster, and more connected. Auphan is the platform of choice for growing operations ready to lead with innovation. For more information visit www.auphansoftware.com.

    Media Contact:
    Calen McGee
    Paytronix Systems, Inc.
    Calen.McGee@theaccessgroup.com

    The MIL Network

  • MIL-OSI: Paytronix Partners with Auphan Software to Expand Canadian Footprint; Drive Interoperability for SMB Operators

    Source: GlobeNewswire (MIL-OSI)

    NEWTON, Mass. and VANCOUVER, British Columbia, July 01, 2025 (GLOBE NEWSWIRE) — Paytronix, an Access Group company and leader in guest engagement for restaurants and convenience stores, today announced a new partnership with Canadian POS provider, Auphan Software. Paytronix has a long-standing history of providing industry leading support and guest experiences for Canadian brands such as Foodtastic, A&W Canada and Marble Slab Creamery Canada – which recently launched with Paytronix last August.

    The integration aims to add another option for hospitality brands that are looking to customize their product suite with the tools they prefer. Whether they’re a customer of Auphan, or a customer of Paytronix, this integration will provide additional flexibility for customers, giving them the ability to get the best of both worlds.

    Additionally, in a growing market with new solutions for analytics, the partnership stands to provide both brands further recognition within the Canadian market.

    “Our partnership with Paytronix brings together two innovative platforms,” said Andy Ould, Director of Operations at Auphan. “This partnership will empower our customers with deeper integrations, smarter tools, and a seamless guest experience.”

    Auphan is a software provider for mid-sized restaurants, hospitality and retail brands primarily located in Canada, United States, Asia and Europe. They feature customers such as Old Spaghetti Factory, Quesada Burritos & Tacos, and Quiznos. In addition to their POS system, Auphan’s platform offers their customers a variety of enterprise management tools and integrated services similar to Paytronix such as Online Ordering and Loyalty, as well as kitchen display systems, real time analytics and performance tracking.

    “Just as consumers are looking for personalized, custom experiences – our customers are looking for much of the same. Paytronix provides the preferred methods to curate dynamic experiences that guests are looking for,” said Kalani Stephens, Director of Strategic Partnerships at Paytronix. “We’re always looking to partner with forward-thinking companies that share the Paytronix vision of enhancing guest experiences through technology. Auphan Software’s innovative POS and enterprise solutions align perfectly with our customer engagement platform. Together, we’re empowering businesses to build stronger relationships with their guests and drive long-term loyalty.”

    Paytronix has strategic partnerships with more than 100 brands across North America and Europe, and features integrations with more than 500 platforms, allowing customers to customize their stack as they want.

    About Paytronix
    Paytronix, an Access Group company, is a cloud-based digital guest engagement platform for the hospitality industry. Our innovative, unified platform provides loyalty programs, online ordering, gift cards, branded mobile applications, and strategic insights to more than 1,800 leading restaurant and convenience store brands. Our valued clients leverage the power of Paytronix across 50,000 sites globally to create seamless, personalized, and brand-authentic experiences that foster lasting relationships with their customers. For more than 20 years, Paytronix has been a trusted partner helping brands maximize the lifetime value of their guests and grow more profitable businesses. For more information, visit www.paytronix.com.

    About Auphan Software
    Auphan Software, headquartered in Vancouver, B.C., specializes in delivering enterprise-grade, point-of-sale and management solutions tailored for franchises, multi-location, and independent foodservice, retail, and hospitality operators. Trusted by businesses across Canada, United States, and Asia, Auphan supports complex operational needs with a unified hybrid POS system with built in online ordering, KDS, and loyalty rewards and more.

    Built with scalability and consistency in mind, Auphan Software empowers enterprise and franchise networks to centralize control while enabling individual locations to perform with efficiency and flexibility. From real-time performance insights to seamless menu and promotion updates across all sites, Auphan helps brands maintain quality, increase speed of service, and deliver a unified guest experience at scale.

    Our expert team partners with organizations to design and deploy customized solutions that align with brand standards and evolving technology goals—ensuring every location runs smarter, faster, and more connected. Auphan is the platform of choice for growing operations ready to lead with innovation. For more information visit www.auphansoftware.com.

    Media Contact:
    Calen McGee
    Paytronix Systems, Inc.
    Calen.McGee@theaccessgroup.com

    The MIL Network

  • MIL-OSI: First American Bank Knows Growth Is Messy—That’s Why We’re Here to Help

    Source: GlobeNewswire (MIL-OSI)

    Alexis Pascual, Senior Vice President and Commercial Lending Group Head at First American Bank, explains how relationship-driven banking helps manufacturers access capital, navigate risk, and plan for sustainable growth.

    MIAMI, July 01, 2025 (GLOBE NEWSWIRE) — In manufacturing, margins are tight, challenges are constant, and growth can be messy. That’s why the role of a banker today goes far beyond financial management. Our team of banking experts provides guidance, connects the dots, and helps clients think several steps ahead.

    At First American Bank, we’ve seen firsthand how manufacturers – especially small to midsize firms – benefit from a more strategic banking relationship. These businesses are often exceptional at what they do, but lack the time or expertise to build long-term financial plans or optimize their capital structures. That’s where we come in.

    A relationship, not a transaction

    Being a strategic banker starts with asking better questions. It’s not just, “What financing do you need today?” It’s, “Where are you trying to go, and what’s getting in your way?”

    Manufacturing clients often face complex operational challenges: cash flow gaps, equipment financing needs, overseas sourcing issues, and more. Many are growing fast but haven’t built out a formal finance function. Others are facing increasing pressure from trade policy shifts or interest rate volatility. As strategic bankers, our role is to take the time to understand these dynamics, then design the right roadmap forward.

    Sometimes that means structuring an SBA working capital solution to tackle financial vulnerabilities. Other times, it means connecting the client to a part-time CFO, helping them apply for a foreign trade zone designation, or walking them through IC-DISC tax advantages for exporters. We’re not CPAs or logistics experts, but we know the right people and we are always happy to make those introductions.

    Capital that grows with the business

    South Florida’s climate is good for manufacturing, too. The region is home to many thriving producers, most of them small and privately held. They often don’t fit the mold for conventional lending, especially if their financial reporting isn’t strong or their growth has outpaced their internal systems.

    In these cases, we use SBA lending programs as a bridge. These structures allow us to support manufacturers with solid fundamentals but temporary financial constraints. More importantly, we sit down with them to map out a clear path: “Here’s how we fund you now, and here’s what needs to happen to transition into conventional credit.”

    Advice beyond the balance sheet

    In today’s supply chain environment, risk comes from all angles. Rising costs, tariffs, and shifting trade agreements force manufacturers to rethink their operations. We help them do just that.

    That might mean connecting a client to a more cost-effective supplier in Latin America, encouraging a re-shoring strategy, or pointing them to a freight partner that can reduce landed costs. In one case, we helped a company shift from a Chinese vendor to a local supplier in South Florida, avoiding tariffs and cutting lead times.

    This kind of support may not fall under “banking” in the traditional sense, but it’s core to how we operate.

    Built for long-term relationships

    As a recently hired banker, what drew me to First American Bank was its privately held structure and relationship-first approach. We’re not driven by quarterly quotas or product pushes. We’re focused on doing what’s right for the client, often over the course of many years.

    Some of our manufacturing clients started with a small SBA loan and now have multimillion-dollar credit lines with us. We’ve grown alongside them, advising through each phase of their journey.

    That’s the real value of a strategic banker. Not someone who just shows up for the deal, but someone who’s invested in your success, challenge by challenge, year after year.

    Are you a manufacturer looking for more support from your financial partners? If so, chat with our team to learn more.

    Disclaimers: This information is for educational purposes only. It is not legal or tax advice. For legal or tax advice, you should consult your own legal, tax, and investment advisors.

    First American Bank is a Member FDIC.

    About First American Bank
    First American Bank is the largest privately held bank in Illinois, with over $7 billion in assets and 61 locations across Illinois, Wisconsin, and Florida. Family-owned and operated since the 1960s, the bank offers a full range of financial services, including personal banking, business lending, and trust and wealth management. Known for combining community bank service with large-scale capabilities, First American Bank is committed to long-term relationships, financial stability, and delivering tailored solutions that help customers thrive.

    Media Contact:
    Teresa Lee 
    305-631-6400 
    tlee@firstambank.com 

    The MIL Network

  • MIL-OSI: First American Bank Knows Growth Is Messy—That’s Why We’re Here to Help

    Source: GlobeNewswire (MIL-OSI)

    Alexis Pascual, Senior Vice President and Commercial Lending Group Head at First American Bank, explains how relationship-driven banking helps manufacturers access capital, navigate risk, and plan for sustainable growth.

    MIAMI, July 01, 2025 (GLOBE NEWSWIRE) — In manufacturing, margins are tight, challenges are constant, and growth can be messy. That’s why the role of a banker today goes far beyond financial management. Our team of banking experts provides guidance, connects the dots, and helps clients think several steps ahead.

    At First American Bank, we’ve seen firsthand how manufacturers – especially small to midsize firms – benefit from a more strategic banking relationship. These businesses are often exceptional at what they do, but lack the time or expertise to build long-term financial plans or optimize their capital structures. That’s where we come in.

    A relationship, not a transaction

    Being a strategic banker starts with asking better questions. It’s not just, “What financing do you need today?” It’s, “Where are you trying to go, and what’s getting in your way?”

    Manufacturing clients often face complex operational challenges: cash flow gaps, equipment financing needs, overseas sourcing issues, and more. Many are growing fast but haven’t built out a formal finance function. Others are facing increasing pressure from trade policy shifts or interest rate volatility. As strategic bankers, our role is to take the time to understand these dynamics, then design the right roadmap forward.

    Sometimes that means structuring an SBA working capital solution to tackle financial vulnerabilities. Other times, it means connecting the client to a part-time CFO, helping them apply for a foreign trade zone designation, or walking them through IC-DISC tax advantages for exporters. We’re not CPAs or logistics experts, but we know the right people and we are always happy to make those introductions.

    Capital that grows with the business

    South Florida’s climate is good for manufacturing, too. The region is home to many thriving producers, most of them small and privately held. They often don’t fit the mold for conventional lending, especially if their financial reporting isn’t strong or their growth has outpaced their internal systems.

    In these cases, we use SBA lending programs as a bridge. These structures allow us to support manufacturers with solid fundamentals but temporary financial constraints. More importantly, we sit down with them to map out a clear path: “Here’s how we fund you now, and here’s what needs to happen to transition into conventional credit.”

    Advice beyond the balance sheet

    In today’s supply chain environment, risk comes from all angles. Rising costs, tariffs, and shifting trade agreements force manufacturers to rethink their operations. We help them do just that.

    That might mean connecting a client to a more cost-effective supplier in Latin America, encouraging a re-shoring strategy, or pointing them to a freight partner that can reduce landed costs. In one case, we helped a company shift from a Chinese vendor to a local supplier in South Florida, avoiding tariffs and cutting lead times.

    This kind of support may not fall under “banking” in the traditional sense, but it’s core to how we operate.

    Built for long-term relationships

    As a recently hired banker, what drew me to First American Bank was its privately held structure and relationship-first approach. We’re not driven by quarterly quotas or product pushes. We’re focused on doing what’s right for the client, often over the course of many years.

    Some of our manufacturing clients started with a small SBA loan and now have multimillion-dollar credit lines with us. We’ve grown alongside them, advising through each phase of their journey.

    That’s the real value of a strategic banker. Not someone who just shows up for the deal, but someone who’s invested in your success, challenge by challenge, year after year.

    Are you a manufacturer looking for more support from your financial partners? If so, chat with our team to learn more.

    Disclaimers: This information is for educational purposes only. It is not legal or tax advice. For legal or tax advice, you should consult your own legal, tax, and investment advisors.

    First American Bank is a Member FDIC.

    About First American Bank
    First American Bank is the largest privately held bank in Illinois, with over $7 billion in assets and 61 locations across Illinois, Wisconsin, and Florida. Family-owned and operated since the 1960s, the bank offers a full range of financial services, including personal banking, business lending, and trust and wealth management. Known for combining community bank service with large-scale capabilities, First American Bank is committed to long-term relationships, financial stability, and delivering tailored solutions that help customers thrive.

    Media Contact:
    Teresa Lee 
    305-631-6400 
    tlee@firstambank.com 

    The MIL Network

  • MIL-OSI: John Snow Labs Launches Martlet.ai, Setting New Standards for Risk Adjustment with Healthcare Large Language Models

    Source: GlobeNewswire (MIL-OSI)

    The first of several new spinoff companies, Martlet.ai reimagines how payers and providers approach HCC coding with an on-premise, secure, AI-based solution

    LEWES, Del., July 01, 2025 (GLOBE NEWSWIRE) — John Snow Labs, the AI for healthcare company, today announced the launch of Martlet.ai, a healthcare AI company focused on redefining how payers and providers approach Hierarchical Condition Category (HCC) Coding. Founded by engineers and payment experts from John Snow Labs, this is the first of several planned spinoff companies that will address specific, high-impact, healthcare industry challenges with AI.

    HCC coding plays a vital role in patient risk adjustment, directly influencing reimbursement structures and ensuring the financial sustainability of value-based care models. This is becoming even more crucial in light of the CMS Medicare Advantage rate hikes announced for 2026, which will further tie reimbursement to precise documentation and coding.

    Martlet.ai’s state-of-the-art HCC engine is the answer to this challenge. Co-founded by CTO Hasham Ul Haq and CRO Ritwik Jain, this venture was born from years of hands-on success delivering AI solutions to leading healthcare enterprises. Run fully behind the customers’ firewalls, models are trained directly on patient charts to deliver unmatched accuracy, auditability, and speed. Unlike general-purpose AI tools, Martlet.ai was built for clinical documentation, making it highly effective for powering coding workflows.

    West Virginia University (WVU) Medicine is already realizing the value of Martlet.ai to uncover missed HCC codes, improve risk adjustment factor (RAF) scoring, and streamline physician workflows. The implementation includes seamless two-way integration into the electronic health record (EHR) system with full compliance. As shared in their NLP Summit session “Maximizing Patient Care through AI-Enhanced HCC Code Discovery,” WVU experienced a notable increase in HCC code accuracy and a significant reduction in manual review time.

    “Martlet.ai gives healthcare organizations the power to take HCC coding into their own hands with a level of customization and compliance that is unmatched,” said David Talby, CEO, John Snow Labs. “The combination of state-of-the-art, healthcare-specific, proprietary medical language models, an optimized human-in-the-loop workflow, and enterprise-grade validation layers, Martel.ai was engineered by industry leaders to be compliant, effective, and production-ready from day one.”

    To learn more or schedule a demo, visit Martlet.ai.

    About John Snow Labs
    John Snow Labs, the AI for healthcare company, provides state-of-the-art software, models, and data to help healthcare and life science organizations put AI to good use. Developer of Medical LLMs, Healthcare NLP, Spark NLP, the Generative AI Lab No-Code Platform, and the Medical Chatbot, John Snow Labs’ award-winning medical AI software powers the world’s leading pharmaceuticals, academic medical centers, and health technology companies. Creator and host of The NLP Summit, the company is committed to further educating and advancing the global AI community.

    About Martlet.ai
    Martlet.ai is an AI platform created to automate Hierarchical Condition Category (HCC) coding and streamline risk-adjustment workflows for high-compliance environments. Medicare Advantage and Medicaid MCOs, commercial insurers, ACOs, provider organizations, and revenue-cycle management (RCM) firms trust Martlet.ai for its secure, on-premise coding engine, ensuring accuracy, auditability, and transparency at every step. Made possible with domain-specific LLMs, Martlet.ai optimizes reimbursement while maintaining regulatory alignment.

    Contact
    Gina Devine
    Head of Communications
    John Snow Labs
    gina@johnsnowlabs.com

    The MIL Network

  • MIL-OSI: John Snow Labs Launches Martlet.ai, Setting New Standards for Risk Adjustment with Healthcare Large Language Models

    Source: GlobeNewswire (MIL-OSI)

    The first of several new spinoff companies, Martlet.ai reimagines how payers and providers approach HCC coding with an on-premise, secure, AI-based solution

    LEWES, Del., July 01, 2025 (GLOBE NEWSWIRE) — John Snow Labs, the AI for healthcare company, today announced the launch of Martlet.ai, a healthcare AI company focused on redefining how payers and providers approach Hierarchical Condition Category (HCC) Coding. Founded by engineers and payment experts from John Snow Labs, this is the first of several planned spinoff companies that will address specific, high-impact, healthcare industry challenges with AI.

    HCC coding plays a vital role in patient risk adjustment, directly influencing reimbursement structures and ensuring the financial sustainability of value-based care models. This is becoming even more crucial in light of the CMS Medicare Advantage rate hikes announced for 2026, which will further tie reimbursement to precise documentation and coding.

    Martlet.ai’s state-of-the-art HCC engine is the answer to this challenge. Co-founded by CTO Hasham Ul Haq and CRO Ritwik Jain, this venture was born from years of hands-on success delivering AI solutions to leading healthcare enterprises. Run fully behind the customers’ firewalls, models are trained directly on patient charts to deliver unmatched accuracy, auditability, and speed. Unlike general-purpose AI tools, Martlet.ai was built for clinical documentation, making it highly effective for powering coding workflows.

    West Virginia University (WVU) Medicine is already realizing the value of Martlet.ai to uncover missed HCC codes, improve risk adjustment factor (RAF) scoring, and streamline physician workflows. The implementation includes seamless two-way integration into the electronic health record (EHR) system with full compliance. As shared in their NLP Summit session “Maximizing Patient Care through AI-Enhanced HCC Code Discovery,” WVU experienced a notable increase in HCC code accuracy and a significant reduction in manual review time.

    “Martlet.ai gives healthcare organizations the power to take HCC coding into their own hands with a level of customization and compliance that is unmatched,” said David Talby, CEO, John Snow Labs. “The combination of state-of-the-art, healthcare-specific, proprietary medical language models, an optimized human-in-the-loop workflow, and enterprise-grade validation layers, Martel.ai was engineered by industry leaders to be compliant, effective, and production-ready from day one.”

    To learn more or schedule a demo, visit Martlet.ai.

    About John Snow Labs
    John Snow Labs, the AI for healthcare company, provides state-of-the-art software, models, and data to help healthcare and life science organizations put AI to good use. Developer of Medical LLMs, Healthcare NLP, Spark NLP, the Generative AI Lab No-Code Platform, and the Medical Chatbot, John Snow Labs’ award-winning medical AI software powers the world’s leading pharmaceuticals, academic medical centers, and health technology companies. Creator and host of The NLP Summit, the company is committed to further educating and advancing the global AI community.

    About Martlet.ai
    Martlet.ai is an AI platform created to automate Hierarchical Condition Category (HCC) coding and streamline risk-adjustment workflows for high-compliance environments. Medicare Advantage and Medicaid MCOs, commercial insurers, ACOs, provider organizations, and revenue-cycle management (RCM) firms trust Martlet.ai for its secure, on-premise coding engine, ensuring accuracy, auditability, and transparency at every step. Made possible with domain-specific LLMs, Martlet.ai optimizes reimbursement while maintaining regulatory alignment.

    Contact
    Gina Devine
    Head of Communications
    John Snow Labs
    gina@johnsnowlabs.com

    The MIL Network

  • MIL-OSI: Pekka Pykäri steps down from his role in Oma Savings Bank’s management team

    Source: GlobeNewswire (MIL-OSI)

    OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE 1 JULY 2025 AT 4:00 PM CHANGES IN BOARD/MANAGEMENT/AUDITORS


    Pekka Pykäri steps down from his role in Oma Savings Bank’s management team

    Oma Savings Bank’s Chief Risk Officer (CRO) and member of the management team, Pekka Pykäri, will step down at his own request no later than August 31, 2025. Pekka Pykäri will continue working for the company in other risk control duties until December 31, 2025.

    “I would like to take this opportunity to thank Pekka for his highly commendable work in developing the bank’s culture and risk control processes over the past two years,” says says Karri Alameri, OmaSp CEO.

    OmaSp will announce Pekka’s successor at a later date.

    Oma Savings Bank Plc

    Additional information:

    Karri Alameri, CEO, tel. +358 45 656 5250, karri.alameri@omasp.fi


    Distribution:

    Nasdaq Helsinki Ltd
    Major media
    www.omasp.fi

    OmaSp is a solvent and profitable Finnish bank. About 600 professionals provide nationwide services through OmaSp’s 48 branch offices and digital service channels to over 200,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners’ products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations.

    OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer-oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in OmaSp.

    The MIL Network

  • MIL-OSI: Pekka Pykäri steps down from his role in Oma Savings Bank’s management team

    Source: GlobeNewswire (MIL-OSI)

    OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE 1 JULY 2025 AT 4:00 PM CHANGES IN BOARD/MANAGEMENT/AUDITORS


    Pekka Pykäri steps down from his role in Oma Savings Bank’s management team

    Oma Savings Bank’s Chief Risk Officer (CRO) and member of the management team, Pekka Pykäri, will step down at his own request no later than August 31, 2025. Pekka Pykäri will continue working for the company in other risk control duties until December 31, 2025.

    “I would like to take this opportunity to thank Pekka for his highly commendable work in developing the bank’s culture and risk control processes over the past two years,” says says Karri Alameri, OmaSp CEO.

    OmaSp will announce Pekka’s successor at a later date.

    Oma Savings Bank Plc

    Additional information:

    Karri Alameri, CEO, tel. +358 45 656 5250, karri.alameri@omasp.fi


    Distribution:

    Nasdaq Helsinki Ltd
    Major media
    www.omasp.fi

    OmaSp is a solvent and profitable Finnish bank. About 600 professionals provide nationwide services through OmaSp’s 48 branch offices and digital service channels to over 200,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners’ products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations.

    OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer-oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in OmaSp.

    The MIL Network

  • MIL-OSI: Check Point Software to Announce 2025 Second Quarter Financial Results on July 30, 2025

    Source: GlobeNewswire (MIL-OSI)

    TEL AVIV, Israel, July 01, 2025 (GLOBE NEWSWIRE) — Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, today announced that it will release its financial results for the second quarter ended June 30, 2025, on Wednesday, July 30, 2025, before the U.S. financial markets open. Management will host a video conference call with the investment community at 8:30 AM EST/5:30 AM PST on July 30, 2025. A live video webcast of the call will be hosted on the company’s website at http://www.checkpoint.com/ir.

    To follow this and other Check Point news visit:

    About Check Point Software Technologies Ltd.
    Check Point Software Technologies Ltd. (www.checkpoint.com) is a leading protector of digital trust, utilizing AI-powered cyber security solutions to safeguard over 100,000 organizations globally. Through its Infinity Platform and an open garden ecosystem, Check Point’s prevention-first approach delivers industry-leading security efficacy while reducing risk. Employing a hybrid mesh network architecture with SASE at its core, the Infinity Platform unifies the management of on-premises, cloud, and workspace environments to offer flexibility, simplicity and scale for enterprises and service providers.

    ©2025 Check Point Software Technologies Ltd. All rights reserved

    The MIL Network

  • MIL-OSI: Varonis Announces Strategic Partnership with Microsoft to Help Secure the Future of AI

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, July 01, 2025 (GLOBE NEWSWIRE) — Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced a strategic partnership with Microsoft to help secure the next generation of workplace AI.

    The companies will build upon existing product innovations that help organizations securely adopt Microsoft Copilot. The partnership will also deepen the integration between the Varonis Data Security Platform and Microsoft’s security portfolio — including Microsoft Purview — to deliver automated protection for sensitive data across the Microsoft ecosystem and beyond.

    The agreement lays out an engineering-led plan to solve one of the foundational challenges of the AI era — preventing AI tools, agents, and LLMs from accessing unauthorized data.

    “Varonis built a world-class SaaS architecture on Microsoft Azure that protects the world’s data and accelerates secure AI adoption,” said Yaki Faitelson, CEO and Co-Founder of Varonis. “We are excited to expand our partnership with Microsoft, combining their innovation in AI with Varonis’ deep expertise in data security.”

    “Varonis’ SaaS platform integrates the most advanced capabilities in Microsoft Azure,” said Nick Parker, President of Industry and Partnerships at Microsoft. “Through our collaboration with Varonis, we are empowering customers to embrace AI securely and confidently with enterprise-wide data security and governance powered by Microsoft Purview and Varonis.”

    As part of the collaboration, Varonis’ integration with Microsoft Purview aims to deliver unified data classification, permissions enforcement, and policy management — not only for Microsoft 365 and Azure, but also across leading SaaS and multi-cloud platforms like Salesforce, Databricks, and ServiceNow. This integration will help customers proactively reduce risk and simplify compliance — especially as AI and agent-based applications expand across the enterprise.

    To learn more about the upcoming Varonis – Microsoft integration visit https://www.varonis.com/microsoft.

    Additional Resources

    About Varonis

    Varonis (Nasdaq: VRNS) is a leader in data security, fighting a different battle than conventional cybersecurity companies. Our cloud-native Data Security Platform continuously discovers and classifies critical data, removes exposures, and detects advanced threats with AI-powered automation.

    Thousands of organizations worldwide trust Varonis to defend their data wherever it lives — across SaaS, IaaS, and hybrid cloud environments. Customers use Varonis to automate a wide range of security outcomes, including data security posture management (DSPM), data classification, data access governance (DAG), data detection and response (DDR), data loss prevention (DLP), AI security, identity protection, and insider risk management.

    Varonis protects data first, not last. Learn more at www.varonis.com.

    Investor Relations Contact:
    Tim Perz
    Varonis Systems, Inc.
    646-640-2112
    investors@varonis.com

    News Media Contact:
    Rachel Hunt
    Varonis Systems, Inc.
    877-292-8767 (ext. 1598)
    pr@varonis.com

    The MIL Network

  • MIL-OSI: Varonis Announces Strategic Partnership with Microsoft to Help Secure the Future of AI

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, July 01, 2025 (GLOBE NEWSWIRE) — Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced a strategic partnership with Microsoft to help secure the next generation of workplace AI.

    The companies will build upon existing product innovations that help organizations securely adopt Microsoft Copilot. The partnership will also deepen the integration between the Varonis Data Security Platform and Microsoft’s security portfolio — including Microsoft Purview — to deliver automated protection for sensitive data across the Microsoft ecosystem and beyond.

    The agreement lays out an engineering-led plan to solve one of the foundational challenges of the AI era — preventing AI tools, agents, and LLMs from accessing unauthorized data.

    “Varonis built a world-class SaaS architecture on Microsoft Azure that protects the world’s data and accelerates secure AI adoption,” said Yaki Faitelson, CEO and Co-Founder of Varonis. “We are excited to expand our partnership with Microsoft, combining their innovation in AI with Varonis’ deep expertise in data security.”

    “Varonis’ SaaS platform integrates the most advanced capabilities in Microsoft Azure,” said Nick Parker, President of Industry and Partnerships at Microsoft. “Through our collaboration with Varonis, we are empowering customers to embrace AI securely and confidently with enterprise-wide data security and governance powered by Microsoft Purview and Varonis.”

    As part of the collaboration, Varonis’ integration with Microsoft Purview aims to deliver unified data classification, permissions enforcement, and policy management — not only for Microsoft 365 and Azure, but also across leading SaaS and multi-cloud platforms like Salesforce, Databricks, and ServiceNow. This integration will help customers proactively reduce risk and simplify compliance — especially as AI and agent-based applications expand across the enterprise.

    To learn more about the upcoming Varonis – Microsoft integration visit https://www.varonis.com/microsoft.

    Additional Resources

    About Varonis

    Varonis (Nasdaq: VRNS) is a leader in data security, fighting a different battle than conventional cybersecurity companies. Our cloud-native Data Security Platform continuously discovers and classifies critical data, removes exposures, and detects advanced threats with AI-powered automation.

    Thousands of organizations worldwide trust Varonis to defend their data wherever it lives — across SaaS, IaaS, and hybrid cloud environments. Customers use Varonis to automate a wide range of security outcomes, including data security posture management (DSPM), data classification, data access governance (DAG), data detection and response (DDR), data loss prevention (DLP), AI security, identity protection, and insider risk management.

    Varonis protects data first, not last. Learn more at www.varonis.com.

    Investor Relations Contact:
    Tim Perz
    Varonis Systems, Inc.
    646-640-2112
    investors@varonis.com

    News Media Contact:
    Rachel Hunt
    Varonis Systems, Inc.
    877-292-8767 (ext. 1598)
    pr@varonis.com

    The MIL Network

  • MIL-OSI: Financial Institutions, Inc. Schedules Second Quarter 2025 Earnings Release and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    WARSAW, N.Y., July 01, 2025 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), the parent company of Five Star Bank and Courier Capital, LLC, will release results for the second quarter ending June 30, 2025 after the market closes on July 24, 2025.

    Management will host an earnings conference call and audio webcast on July 25, 2025 at 8:30 a.m. Eastern Time. The call will be hosted by Martin K. Birmingham, President and Chief Executive Officer, and W. Jack Plants II, Chief Financial Officer and Treasurer. Within the United States, participants may access the call by dialing 1-833-470-1428 and providing the access code 652423. A live webcast will also be available in listen-only mode on the Company’s website, www.FISI-Investors.com, and a replay of the webcast will be available there for at least 30 days.

    About Financial Institutions, Inc.
    Financial Institutions, Inc. (NASDAQ: FISI) is a financial holding company with approximately $6.3 billion in assets as of March 31, 2025, offering banking and wealth management products and services. Its Five Star Bank subsidiary provides consumer and commercial banking and lending services to individuals, municipalities and businesses through banking locations spanning Western and Central New York and a commercial loan production office serving the Mid-Atlantic region. Courier Capital, LLC offers customized investment management, financial planning and consulting services to individuals and families, businesses, institutions, non-profits and retirement plans. Learn more at Five-StarBank.com and FISI-Investors.com.

    For additional information contact:
    Kate Croft
    Director of Investor and External Relations
    (716) 817-5159
    klcroft@five-starbank.com

    The MIL Network