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Category: Artificial Intelligence

  • DPIIT and Copyright Office to host event celebrating 68 years of the Copyright Act with focus on digital

    Source: Government of India

    Source: Government of India (4)

    The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, in collaboration with the Copyright Office, will host a special event on June 4, to mark the 68th anniversary of the Copyright Act, 1957. The event, themed “Reform in Copyright Act in the Digital Era”, will be held at the India International Centre, New Delhi, beginning at 4:30 PM.

    The gathering aims to bring together key stakeholders to reflect on the journey of India’s copyright legislation and explore its future trajectory in light of rapid digital transformation. The discussions will focus on how the legal framework can evolve to address emerging challenges and opportunities presented by digital technologies, including AI-generated content, online piracy, and content monetization platforms.

    The Copyright Act, enacted in 1957, has been the backbone of intellectual property protection in India, safeguarding the rights of creators across literary, musical, artistic, dramatic, and cinematographic works. Over the years, the Act has been amended multiple times to align with international conventions and accommodate technological advancements.

    One of the key highlights shared ahead of the event is the growing adoption of copyright registration in India. Over 3.5 lakh copyrights have been registered since the process was digitized, a significant increase that underscores greater awareness among creators and rights holders about protecting their intellectual property in a digital-first world.

    “The upcoming event provides a timely opportunity to assess how the Copyright Act must continue to evolve in the face of digital disruption,” said an official from the DPIIT. “It will also celebrate the Act’s legacy in empowering India’s creative community for nearly seven decades.”

    Participants at the event will include legal experts, industry leaders, content creators, academics, and policymakers who are expected to share insights on making copyright laws more robust, inclusive, and adaptable to new media landscapes.

  • MIL-OSI: FastBots Launches Groundbreaking Hybrid AI and Live Chat Feature to Transform Customer Support Operations

    Source: GlobeNewswire (MIL-OSI)

    London, UK , June 03, 2025 (GLOBE NEWSWIRE) — FastBots.ai, a leading innovator in AI-powered chatbot solutions, today announced the launch of its cutting-edge Hybrid AI and Live Chat feature. This significant enhancement enables businesses to manage customer interactions seamlessly by combining automated AI chat with the personalized support only human agents can deliver.

    The new Hybrid AI and Live Chat feature is designed explicitly for customer support teams dealing with large volumes of routine inquiries. By utilizing sophisticated artificial intelligence, FastBots effortlessly manages common queries, reducing the workload on human agents. When customer interactions become more complex or nuanced, support agents can easily and instantaneously take control of conversations, providing a personalized and effective solution without disruption.

    “Our Hybrid AI and Live Chat feature offers an optimal balance between automation and personal human support,” said Jason West, CEO of FastBots.ai. “We’ve observed the increasing need for businesses to scale customer support without compromising on quality or personalization. This innovative solution allows companies to enhance operational efficiency while delivering exceptional customer experiences.”

    Businesses across various sectors, from e-commerce to professional services, can significantly benefit from this feature, which integrates seamlessly into existing workflows. By adopting this technology, companies have the opportunity to significantly decrease response times, improve customer satisfaction, and allow support teams to concentrate on more critical, high-touch customer interactions.

    Key benefits of the Hybrid AI and Live Chat feature include:

    • Enhanced Operational Efficiency: AI effectively handles routine customer queries, enabling support teams to focus on complex issues.
    • Seamless Handover Process: A real-time transition between AI chatbots and human agents ensures smooth and uninterrupted customer interactions.
    • Increased Customer Satisfaction and Loyalty: Faster response times combined with tailored, human-driven support enhance overall customer experience and loyalty.
    • Scalability: Businesses can manage growth more efficiently, reducing the need for significant expansions in customer support teams.
    • Analytics and Insights: Comprehensive analytics provide deep insights into customer interaction patterns, allowing continuous improvement and optimization of customer service operations.

    FastBots.ai is committed to staying at the forefront of customer service innovation. The introduction of this Hybrid AI and Live Chat capability underscores the company’s dedication to enhancing user experiences through intelligent technology. Companies can now leverage the full power of AI while maintaining the indispensable human touch in customer interactions.

    To learn more about how FastBots.ai’s Hybrid AI and Live Chat can revolutionize your customer support operations, schedule a demonstration or sign up for a free trial, visit fastbots.ai.

    About FastBots.ai: FastBots.ai is a leading provider of AI chatbot solutions, dedicated to helping businesses of all sizes enhance their customer support through intelligent automation. With a robust and user-friendly platform, FastBots.ai empowers companies to deliver superior customer interactions, reduce costs, and improve operational efficiency.

    About FastBots

    FastBots.ai is a UK-based SaaS platform that helps businesses create smart, custom AI chatbots for their websites, social media, and messaging apps. Designed for ease of use, FastBots allows companies to automate customer support and sales conversations using their own content, with advanced features like live chat handover and multi-channel integration.

    Press inquiries

    FastBots
    https://fastbots.ai
    Jason West
    info@fastbots.ai
    71-75 Shelton Street
    Covent Garden
    London
    WC2H 9JQ

    A video accompanying this announcement is available at https://www.youtube.com/embed/yBpew36wUws

    The MIL Network –

  • MIL-OSI Russia: AI and Practice: What Should Be the System for Training the Next Generation of IT Specialists

    Translation. Region: Russian Federal

    Source: State University Higher School of Economics – State University Higher School of Economics –

    © Higher School of Economics

    What IT specialists the Russian economy needs, how to train them correctly and why it is important to include industry professionals in the educational process were discussed by officials, companies and universities at the session “Personnel for the Data Economy. Training of the New Generation of IT Specialists”, which was held as part of the tenth annual CIPR conference in Nizhny Novgorod. HSE Vice-Rector Elena Odoevskaya took part in the session.

    Thanks to the joint efforts of business, government and educational institutions, Russia has begun to graduate more IT specialists, stated Deputy Director of the Department of the Ministry of Digital Development Anastasia Kazantseva. In recent years, a lot of work has been done to increase the budget admission to the relevant specialties. The Digital Departments project was also launched and implemented, which was also aimed at “increasing the funnel of IT specialists.”

    Today, the question of “how exactly do we train personnel and what competencies should they have at the end” is relevant. Companies are not always satisfied with the knowledge and skills of graduates upon leaving the university. Therefore, within the framework of the national project “New Data Economy and Digital Transformation of the State”, new projects “Top-AI” and “Top-IT” were launched, aimed at training top specialists in the field of artificial intelligence and information technology. It is envisaged to train university teachers and attract industry professionals for teaching, as well as generally increase the practical orientation of the programs, noted Anastasia Kazantseva. For universities participating in the projects, an important condition was that the educational institution must “definitely bring an industrial partner” that will invest resources and funds in the training of IT specialists, she added.

    The operator of these projects is the Center for Expertise of Educational Programs of the Analytical Center under the Government of the Russian Federation. The head of the center, Sergey Astakhov, said that competitive selections have already been held and the winning universities have been determined: Innopolis, ITMO, MIPT, HSE, and Southern Federal University. They will train research scientists and developers of fundamentally new models of artificial intelligence.

    Director of Artificial Intelligence Development at Yandex Alexander Kraynov said that the company has to interview 25 candidates to hire one. He believes that universities should “produce” ready-made specialists who can start working right away. According to him, there are literally several universities that “generate such people.” In his opinion, “we need to learn to measure the quality of the guys at the entrance, because if the quality is low at the entrance, then we need to go down and prepare schoolchildren.” Also, according to him, it is necessary to increase the number of good teachers, and due to the high rate of change, training programs need to be changed every six months.

    Vladimir Averbakh, Senior Managing Director — Director of the Directorate for the Implementation and Popularization of AI Initiatives at Sber, noted that a very successful tandem of business and the state has developed in Russia in the training of IT personnel. At the same time, if “we believe that artificial intelligence significantly changes any sphere of activity, and in particular the industry, then when training IT specialists, we must introduce, maybe, a 12-level, maybe a 120-level, I don’t know, competency model using AI,” he noted. True, it is not yet very clear how to do this, since the world is changing very quickly. But in any case, he believes, AI must be introduced into the entire education system, and not just for training IT specialists.

    In turn, the director of the Institute for Economic Research “Yakov and Partners” Elena Kuznetsova noted that, despite complaints, employers “are scooping up all graduates quite briskly.” “And the median salary of fresh graduates and graduates in the second year after graduation, no matter how you look at it, is growing at a very brisk pace, many times outpacing inflation,” the expert says. And this “reflects precisely the shortage of these people on the market.” At the same time, Elena Kuznetsova noted that the most advanced employers of technology personnel have moved from the position of “the university should give us ready-made personnel” to the position of “we will have to go to universities ourselves and work with these universities so that these personnel become better.”

    “A university is more than just training personnel for the needs of a specific company. It is impossible to ask a university to change its educational program every month, otherwise it will not be a university. If we are talking about the cycle of personnel training, then it solves a systemic problem – training personnel for the country,” noted HSE Vice-Rector Elena Odoevskaya.

    She agreed that changes are happening very quickly now, but to take them into account, the university does not need to change the entire curriculum, but rather adjust the content of the disciplines, introducing the most relevant knowledge into them. HSE and companies are constantly in dialogue, agreeing on these changes, she emphasized. “We need to talk and agree. It is important for companies to be able to sometimes side with the university, and for the university to side with the company,” Elena Odoevskaya added. At the same time, in her opinion, it is necessary to creatively rethink approaches to training and competency models.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI: XRP News: Major Investors Flock to Nimanode’s $NMA Presale to secure access to AI x Blockchain Wave

    Source: GlobeNewswire (MIL-OSI)

    LEEDS, United Kingdom, June 03, 2025 (GLOBE NEWSWIRE) — Nimanode, the first no-code AI agent platform built natively on the XRP Ledger (XRPL), is gaining momentum with its ongoing $NMA token presale. As investor confidence in AI infrastructure and XRP-based innovation grows, Nimanode is drawing serious attention from early adopters seeking exposure to the next phase of Web3 automation.

    With anticipation of a major breakout post-launch, early participants are moving quickly to secure $NMA tokens at presale pricing.

    Join $NMA Presale

    New Kind of On-Chain Intelligence

    Nimanode agents aren’t just simple bots.These agents think, analyze, and execute on-chain tasks ranging from:

    Smart Contract Generation: AI that turns plain-English prompts into executable XRPL Hook contracts.

    DeFi Yield Optimization: Self-directed agents that shift capital between pools to maximize APY.

    Risk Monitoring: Agents that scan wallets and contracts to flag malicious activity in real-time.

    Web3 Customer Support: Deployable support agents that run 24/7 across DAO forums, dApps, and more.

    RWA Compliance: Regulatory agents that keep tokenized assets aligned with local frameworks. And all of it can be created from a zero-code interface, allowing creators, DAOs, or institutions to launch an entire automated ecosystem in minutes.

    Presale Demand Up as Investors Target $NMA for 10X Growth

    With a total of 90 million $NMA representing 45% of $NMA allocated for the presale, this marks a unique and promising chance to claim early access into one of XRP Ledger’s most innovative projects, spearheading the AI ecosystem on the blockchain.

    As the market is currently clouded by volatility and corrections, Nimanode’s presale is emerging as a rare bright spot. Sparking strong FOMO across the XRP community and beyond as investors position themselves early in what many believe could be the next 100X breakout on XRPL.

    Market Analysts already predict strong upside upon exchange listing of $NMA as demand for agent-based infrastructure gains traction.

    This is a chance to invest in $NMA before its Listing at 25% higher than Presale value, however whales position for more as they eye a 10X surge on Launch.

    Join $NMA Presale

    How to Join The Nimanode Presale

    Joining in the NimaNode Presale is quite straightforward for seasoned investors and newbies alike.

    Setup an XRP-Compatible Wallet: Ensure you have a non-custodial wallet capable of receiving XRP native tokens like Xaman Wallet.

    Purchase XRP: Acquire XRP from reputable exchanges like Binance, Coinbase, or Bybit.

    Participate in the Presale: Visit the NimaNode presale page (https://nimanode.com/presale), send your XRP to the provided presale address, and secure your $NMA tokens.

    The last cycle gave us DeFi protocols and NFTs. This cycle is shaping up to be about autonomous infrastructure and Nimanode is at the heart of it.

    Don’t Miss Out – Secure your $NMA Tokens

    Connect with Nimanode

    Website: https://nimanode.com

    Twitter/X: https://x.com/nimanodeai

    Telegram: https://t.me/nimanodeAI

    Documentation: https://docs.nimanode.com

    Contact:
    Nick Lambert
    contact@nimanode.com

    Disclaimer: This is a paid post and is provided by Nimanode. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0042cfb6-ccd0-4221-b89b-ff1136aeb0b0

    The MIL Network –

  • MIL-OSI: The Dawn of AI for Law Firms Is Here, and Practice AI Asks Law Firms To Be Picky About What Tools They Choose

    Source: GlobeNewswire (MIL-OSI)

    WOODLAND HILLS, Calif., June 03, 2025 (GLOBE NEWSWIRE) — As the legal industry enters the age of artificial intelligence, Practice AI™ is urging law firms not just to adopt AI, but to choose their tools carefully. In a time when efficiency, accuracy, and client outcomes matter more than ever, the AI partners law firms select will shape their success.

    “Technology alone isn’t enough,” said Hamid Kohan, President and CEO of Practice AI™. “Law firms must partner with AI providers who understand the legal landscape and who are committed to building tools that truly work for attorneys, not just impress on paper.”

    Legal AI Is No Longer Optional, but Choosing the Right Tool Is Critical

    AI has already started to transform legal research, document review, client intake, demand letter generation, and case summaries. However, with so many options available, many law firms feel unsure about which solutions actually deliver results and which ones are worth the investment.

    Kohan explained, “There’s a difference between having AI and having the right AI. That’s why Practice AI™ and its partners are focused on solving real problems, saving time, improving accuracy, and streamlining workflows from intake to resolution.”

    Why Being Selective About AI Matters

    Practice AI™ cautions that adopting AI without a clear plan or thoughtful evaluation can result in:

    • Wasted time and money on tools that don’t fit the firm’s workflow
    • Compliance and confidentiality risks if tools aren’t built for legal environments
    • Workflow disruption instead of transformation, especially when tools lack customization or support

    In contrast, Practice AI™ and its partners deliver tailored solutions, including AI Demands™ for personal injury demand letters and AI Case Summary™ for legal and medical document analysis. These tools are designed by legal professionals, specifically for law firms.

    The Right AI Partner Offers More Than Just Software

    According to Hamid Kohan, the best AI vendors provide more than technology. “This isn’t about buying software, it’s about building partnerships,” he said. “Law firms should expect hands-on support, clear onboarding, and tools that evolve with their needs.”

    Practice AI™ recommends evaluating AI partners based on:

    • Transparency in how the AI operates and generates results
    • Experience and knowledge of legal workflows
    • Dedicated support and onboarding assistance
    • Strong data security practices, including HIPAA compliance
    • Scalability for firms of all sizes, from solo practices to larger operations

    A Call to Legal Professionals to Choose Purposefully

    As legal technology continues to evolve, law firms must take a thoughtful and strategic approach. Practice AI™ advises starting with pilot programs, gathering feedback from legal staff, and focusing on tools that solve specific pain points.

    “AI should not be hype. It should be helpful,” Kohan said. “At Practice AI™, we measure success by how much time our clients save and how many cases they can manage more effectively.”

    Looking Ahead: Law Firms That Choose Wisely Will Lead the Future

    Artificial intelligence is not a passing trend. It is a long-term shift in how legal services are delivered. Law firms that choose wisely, partner with experienced providers, and adopt tools that truly improve performance will be best positioned for growth.

    Those who rush in without a plan or wait too long to act may struggle to keep up with more agile and tech-enabled competitors.

    For legal professionals who want clarity, control, and results from their AI journey, Practice AI™ offers not only innovative tools but also experienced guidance to ensure long-term success.

    For media inquiries, please contact:
    Practice AI™
    Address: 21731 Ventura Blvd. #175, Woodland Hills, CA 91364
    Phone: (424) 476-5858
    Email: sales@lawpractice.ai

    Visit us on social media:
    Facebook | Instagram | LinkedIn | YouTube | X.com

    The MIL Network –

  • MIL-OSI: The Apache Software Foundation Announces Two New Top-Level Projects

    Source: GlobeNewswire (MIL-OSI)

    Wilmington, DE, June 03, 2025 (GLOBE NEWSWIRE) — The Apache Software Foundation (ASF), the global home of open source software the world relies on, today announced that Apache Gravitino and Apache StormCrawler have graduated from incubation and are now Top-Level Projects (TLP). 

    Apache Gravitino is a high-performance, open source metastore that unifies metadata across data warehouses, data lakes, lakehouses, streaming platforms, and AI systems. With a flexible and centralized architecture, Gravitino empowers organizations to seamlessly manage, discover, and govern distributed data and AI assets – eliminating data silos and simplifying modern data infrastructure. Supporting a broad ecosystem, including Apache Iceberg, Apache Hive, Apache Kafka, MySQL, PostgreSQL, and more, Gravitino provides a unified metadata layer to enable intelligent data discovery, governance, and lakehouse federation at scale.

    “Gravitino is uniquely designed to bridge data and AI workloads. We’re excited to deploy it across our multi-cloud AI clusters and contribute to many prioritized AI and agent-based use cases,” said Jack Song, Director of Uber Data Platform. “Gravitino’s graduation marks its maturity entering the next level, backed by a thriving and engaged community.”

    Apache StormCrawler is an open source software development kit (SDK) for developers looking to build low-latency, scalable, and customizable web crawlers. The project consists of a collection of reusable resources and components, written mostly in Java and it uses Apache Storm®. StormCrawler is well suited for environments where URLs to be fetched and parsed arrive as a stream (i.e. continuously over time), as well as large-scale, recursive web crawling, especially when fast response times are important.

    “Becoming an Apache Software Foundation Top-Level Project is a significant milestone for an open source community, and we are extremely proud of the accomplishment,” said Julien Nioche, member of the Apache StormCrawler PMC. “We are eager to see how the StormCrawler community continues to grow, collaborate, and innovate as a TLP.” 

    Open source projects need healthy communities to thrive. The ASF provides projects with services and mentorship for building resilient and durable communities throughout their lifecycle. The Apache Incubator provides services to incoming projects (called podlings) that want to enter the ASF and adopt the Apache Way. 

    About The Apache Software Foundation (ASF)
    The Apache Software Foundation (ASF) is the global home for open source software, powering some of the world’s most ubiquitous software projects including Apache Airflow, Apache Camel, Apache Cassandra, Apache Groovy, Apache HTTP Server, and Apache Kafka. Established in 1999, the ASF is at the forefront of open source innovation, setting industry standards to advance software for the public good. Learn more at https://apache.org.

    ASF’s annual Community Over Code event is where open source technologists convene to share best practices and use cases, forge critical relationships, and learn about advancements in their field. https://communityovercode.org/ 
    © The Apache Software Foundation. “Apache” is a registered trademark or trademark of the Apache Software Foundation in the United States and/or other countries. All other brands and trademarks are the property of their respective owners.

    The MIL Network –

  • MIL-OSI: Quadient Q1 2025 sales at €258m, with strong performance in Digital and Lockers. FY 2025 guidance maintained

    Source: GlobeNewswire (MIL-OSI)

    Key highlights

    • Q1 2025 consolidated revenue of €258 million, down 1.1% on a reported basis, including the contribution of Package Concierge, and down 2.5% organically(1)
    • Continued good momentum in Digital and Lockers, with double-digit growth in subscription-related revenue
    • Low point in the renewal cycle of mail equipment installed base, as expected
    • Positive current EBIT evolution supported by all three Solutions
    • Acceleration of digital financial automation strategy in Europe with the acquisition of Serensia, a leading French electronic invoicing certified platform
    • Stronger H2 anticipated on the back of continued strong momentum in Digital and Lockers with further improvement in profitability, expected Mail recovery and good order pipeline across Solutions
    • FY 2025 guidance maintained, i.e. organic growth acceleration in both revenue and current EBIT

    Paris, 3 June 2025

    Quadient S.A. (Euronext Paris: QDT), a global automation platform powering secure and sustainable business connections, today announces its 2025 first quarter consolidated revenue (period ended on 30 April 2025).

    Geoffrey Godet, Chief Executive Officer of Quadient S.A., stated:

    “The first quarter of 2025 has been another strong quarter for our Digital and Lockers solutions, which delivered solid levels of subscription-related revenue organic growth at +11.1% for Digital and +12.7% for Lockers, demonstrating the strength and success of our two fast growing solutions as well as the quality of our recurring business model.

    As expected, our Mail performance was softer, reflecting the low point in the renewal cycle and a tough comparison base following the decertification-driven boost in 2024 in the United-States. The situation was further exacerbated by a particularly challenging American macroeconomic environment during the first quarter.

    Despite these headwinds in the quarter, we achieved current EBIT organic growth, supported by EBITDA margin positive development in all three solutions.

    With the acquisition of Serensia, a leading French electronic invoicing certified platform, Quadient is accelerating its digital financial automation strategy in Europe and will bring superior digital intelligent automation capabilities to its 300K+ customers worldwide, and notably to its 60K+ French customers, further accelerating their digital transformation, as they anticipate the 2026 mandatory e-invoicing law in France.

    While we expect the same uncertainty and market conditions to continue in Q2, we remain confident in our ability to deliver a stronger second half. As a result, we are maintaining our full-year 2025 guidance of acceleration in both organic revenue growth and organic EBIT growth compared to the 2024 growth rates.”

    Comments on Q1 2025 performance

    Group revenue came in at €258 million in Q1 2025, down 1.1% on a reported basis, and 2.5% organically compared to Q1 2024. Reported growth includes a positive scope effect of €4 million from the acquisition of Package Concierge in December 2024. The currency impact was broadly flat over the period.

    Subscription related revenue (€193 million, 75% of total sales) increased by +1.2% organically over Q1 2025, reflecting the continued strong momentum in Digital and Lockers. In contrast, non-recurring revenue declined by 12.0% organically against Q1 2024, due to a low point in the renewal cycle of mail equipment installed base, as expected. The decline in hardware sales has however been amplified by the challenging macroeconomic environment in the United States.

    By geography, North America (59% of revenue) declined organically by 2.4% in Q1 2025, impacted by macroeconomic uncertainty in the US delaying customer decision making and a strong comparison base in Mail following last year’s decertification-driven uplift in sales. The Main European countries (33% of revenue) recorded a 2.8% organic decline, while the International segment (8% of revenue) was down 2.0% organically.

    Consolidated revenue by Solution

    Q1 2025 consolidated revenue

    In € million Q1 2025 Q1 2024 Change Organic change
    Digital 67 63 +6.5% +7.2%
    Mail 164 178 (7.9)% (7.9)%
    Lockers 27 20 +35.4% +12.2%
    Group total 258 261 (1.1)% (2.5)%
     

    Digital

    In Q1 2025, revenue from Digital reached €67 million, up 7.2% organically and up 6.5% on a reported basis compared to Q1 2024.

    This solid performance was driven by a strong 11.1% organic growth in Q1 2025 in subscription-related revenue, in acceleration compared to the previous quarter. Growth was broad-based across all regions, including a double-digit growth in North America. Subscription-related revenue represented 85% of Digital total sales, a further increase compared to 82% in Q1 2024.

    At the end of Q1 2025, annual recurring revenue (ARR) reached €237 million(2), vs. €232 million at the end of FY 2024, representing a 9.6% organic growth on an annualized basis.

    The Digital solution continued to demonstrate healthy booking trends, highlighted by:

    • Robust cross-selling bookings with Mail customers, up c. +50% year-on-year;
    • Double-digit growth in new customer acquisition within the Enterprise business.

    During the quarter, Quadient’s Digital Automation platform received several leadership recognitions across multiple analyst rankings, notably in AP/AR financial automation, where it is now ranked on par with its high positions in CCM/CXM.

    Quadient is accelerating its digital financial automation strategy in Europe, with the acquisition on 2nd June 2025 of Serensia, a leading French electronic invoicing certified platform, trusted by more than 160 customers (including TotalEnergies, Dalkia, RATP…), processing nearly 200 million invoices annually. This acquisition provides Quadient with:

    • First-class software Intellectual Property for its PDP platform (Partner Dematerialization Platform, registered by the French State), and
    • Access to Pan-European Public Procurement Online (PEPPOL) market.

    This acquisition further strengthens Quadient’s Finance Automation portfolio (which includes online payment, e-invoicing, account payable and account receivable automation, credit analysis, hybrid mail, …), and further accelerates Quadient’s Mail customers’ digital transformation, by providing additional pathways towards the necessary adoption of e-invoicing solutions, legally mandated across Europe. Please refer to our dedicated press release published on 2nd June for more details.

    Mail

    Mail revenue reached €164 million in Q1 2025, down 7.9% organically and on a reported basis compared to Q1 2024.   

    Hardware sales recorded a 15.8% organic decline in the first quarter of 2025. This decrease was primarily driven by:

    • A softer performance across all regions. This was expected, given the echo effect of the COVID period, with fewer contracts for renewal, reflecting the lower level of hardware placements made during the pandemic 5 years ago;
    • The United States was particularly affected, with a strong comparison base in Q1 2024, which had benefited from the decertification boosting effect (which ended in Q4 2024), as well as by increased economic uncertainty that delayed customer decision-making.

    Subscription-related revenue (72% of Mail sales) recorded an organic decline of 4.4% in the quarter.

    Despite these headwinds, Quadient continued to outperform the market this quarter.

    The Mail automation platform continued to show good commercial momentum, and double-digit growth in cross-sell order intake with Lockers and +50% for Digital bookings in Q1 2025. This dynamic is illustrated by the expansion of the partnership with the University of Pittsburgh, which has long relied on Quadient’s parcel locker systems to facilitate on-campus student and staff deliveries and is now extending the relationship to include a comprehensive mail management solution.

    At the end of April 2025, already 44.0% of Quadient installed base has been upgraded with its newest technology, compared to 42.4% at the end of January 2025.

    H2 2025 performance is expected to recover as the Mail equipment business will be supported by a stronger pipeline of contracts up for renewal over the second part of the year.

    Lockers

    Lockers revenue reached €27 million in Q1 2025, a 12.2% increase on an organic basis. The reported growth stood at 35.4% year-on-year, reflecting the positive contribution from Package Concierge (€4 million in Q1 2025).

    Subscription-related revenue increased by 12.7% organically in Q1 2025, benefiting from:

    • The outstanding strong volumes ramp up in the UK and French open networks;
    • The continued momentum in the US, driven by higher monetization of usage fees.

    Overall, subscription-related revenue stood at 65% of total revenue in Q1 2025 (vs. 68% in Q1 2024, this small drop reflecting the different revenue mix at the recently acquired Package Concierge).

    Non-recurring revenue (license & hardware sales and professional services) grew strongly by 11.4% organically in Q1 2025, driven by a significant locker placement in International, which more than offset the softer performance in North America. Moreover, another hardware sales deal for circa €5 million has been signed in International and will be recognized in H2 2025

    Quadient’s global locker installed base reached c.26,100 units at the end of Q1 2025, with 600 new lockers deployed over the quarter. This reflects the accelerated pace of new locker installations, particularly in the UK open network, which has expanded nearly fourfold over the last 15 months. This growth is driven by partnerships signed in recent quarters to host parcel lockers in new prime locations.

    In the UK, Quadient extended its partnership with EVRi, with a new large and long-term deal signed, including the consolidation of returns (Drop Box functionality). Quadient also signed a strategic partnership with Stasher, offering travelers a nationwide luggage storage service through Quadient’s smart locker network. These partnerships are expected to further drive volume and support continued adoption growth. In Japan (International segment), Quadient expanded the access to its network so that Amazon parcels can be delivered within approximately 6,000 “PUDO Stations” nationwide.

    LIQUIDITY MANAGEMENT

    In May 2025, Quadient proactively extended the maturity of its €300 million undrawn Revolving Credit Facility by an additional year, pushing it to 2030.

    FY 2025 GUIDANCE MAINTAINED

    While Q2 is expected to face similar markets conditions to the previous quarter and continued macroeconomic uncertainty, Quadient remains confident in its ability to deliver a stronger performance in the second half of the year. This confidence is supported by:

    • A good profitability start of the year, with an improvement in EBITDA margin across solutions;
    • Moving forward:
      • Sustained strong momentum in Digital and Lockers, with further improvement in profitability;
      • An expected recovery in Mail in H2, as the renewal cycle of the mail equipment installed base should reverse and provide greater opportunities;
      • A promising order pipeline across solutions.

    In this this context, Quadient maintains its full-year 2025 guidance, of acceleration in both organic revenue growth and organic current EBIT growth compared to the 2024 growth rates, while acknowledging that ongoing global economic disruptions and their impact, in particular on the US market, remain difficult to predict at this stage.

    Q1 2025 BUSINESS HIGHLIGHTS

    Quadient Recognized in Inaugural 2025 Gartner® Magic Quadrant™ for Accounts Payable Applications
    On 4 April 2025, Quadient announced it has been recognized in the first ever 2025 Gartner Magic Quadrant for Accounts Payable Applications. A Gartner Magic Quadrant is a culmination of research in a specific market, giving a wide-angle view of the relative positions of the market’s competitors3.

    Quadient Receives SBTi’s Validation of its GHG Emission Reduction Targets
    On 7 April 2025, Quadient announced that the Science-Based Targets initiative (SBTi) has validated its greenhouse gas (GHG) emission reduction targets. SBTi is a corporate climate action initiative that provides companies with science-based guidance to reduce greenhouse gas emissions in line with the goals of the Paris Agreement. This validation confirms that Quadient’s commitments align with scientific requirements to limit global warming to 1.5°C.

    Quadient Recognized in Analyst Report on Top AI Use Cases for Finance Automation
    On 16 April 2025, Quadient announced it has been recognized in a recent Forrester report on ways artificial intelligence (AI) is transforming accounts receivable (AR) processes. The report, “Top AI Use Cases for Accounts Receivable Automation In 2025,” includes mentions of Quadient AR for cash application and payment notice. Quadient considers its inclusion in the report as proof of the impact its AI- and machine learning-powered financial process automation offer, enhancing efficiency, accuracy, and decision-making capabilities.

    Quadient Named a Leader in the SPARK Matrix™: Customer Communication Management Report for 2025
    On 24 April 2025, Quadient has been recognized as a Leader in the SPARK Matrix™: Customer Communication Management (CCM), Q2, 2025 report by global advisory and consulting firm QKS Group. This marks the fifth consecutive year Quadient has been named a Leader in the SPARK Matrix for CCM, a strategic vendor performance assessment tool that ranks vendors across the categories of Technology Excellence and Customer Impact.

    Quadient: 11% Increase in Software Sales to Mail Clients in 2024 Reflects Rising Demand for Smarter, Multichannel Communications
    On 30 April 2025, Quadient shared that businesses are increasingly turning to digital solutions to meet rising customer expectations for modern, multichannel communication. This shift is driving tangible growth: in fiscal year 2024, Quadient recorded a record 11% increase in cross-sales of its Digital automation solutions within its Mail customer base.

    POST-CLOSING EVENTS

    Stasher and Quadient Partner to Launch Nationwide Luggage Storage Using UK Smart Locker Network
    On 7 May 2025, Quadient announced a strategic partnership with Stasher, the world’s first luggage storage platform. This partnership marks a significant expansion of Stasher’s UK network and will provide travelers in key cities throughout the UK, including London, Birmingham, York, Edinburgh, Newcastle, Cardiff and Manchester, with more convenient, secure, and accessible luggage storage options through more than 1,640 Parcel Pending by Quadient smart lockers.

    Quadient and Nuvei Sign New Partnership to Enhance Cloud Payment Capabilities for Businesses Globally
    On 13 May 2025, Quadient and Nuvei announced a strategic technology partnership to enhance cloud payment capabilities for businesses globally. Through this partnership, Nuvei’s advanced payment processing technology is now integrated into Quadient’s cloud-based Accounts Receivable (AR) and Accounts Payable (AP) automation solutions, providing businesses of all sizes across North America, the UK, and Europe with a unified platform to manage B2B payments more efficiently, securely, and at scale.

    AI-powered Automation and Real-Time Payments Secure Quadient Leader Position in SPARK Matrix for Accounts Receivable
    On 15 May 2025, Quadient has been positioned as a Leader in the SPARK Matrix™: Accounts Receivable Applications, 2025. This marks the fourth consecutive year Quadient has been named as a leader in the report produced by the technology advisory and research firm QKS Group. Quadient believes this recognition is a testament to its continuing commitment to help businesses accelerate digital transformation, automate financial processes to increase business performance and create high-value customer interactions.

    Quadient Surpasses 300 Higher Education Locker Customers, Helping Campuses Modernize Logistics and Tackle Food Insecurity
    On 27 May 2025, Quadient announced that more than 300 higher education institutions in the U.S. are now relying on Parcel Pending by Quadient Lockers for streamlined package pickup and drop-off, bookstore merchandise, class and IT equipment exchange points, and addressing the challenge of student food insecurity.

    Quadient Advances AI Capabilities to Help Organizations Power Better Customer Interactions and Revenue Growth
    On 28 May 2025, Quadient announced the release of advanced AI capabilities designed for crafting and orchestrating highly personalized, omnichannel customer interactions. The extended AI is part of the latest release of Quadient Inspire, an industry-leading customer communications management (CCM) solution, and represents Quadient’s continued investment in transforming the way businesses dynamically communicate with customers.

    Quadient Accelerates its Digital Financial Automation Strategy in Europe with the Acquisition of Serensia
    On 2 Juin 2025, Quadient announced the acquisition of Serensia, a highly recognized a leading French electronic invoicing platform provider accredited by the French government as a Partner Dematerialization Platform (PDP). This strategic acquisition strengthens Quadient’s position in digital compliance and its ability to support both its 150,000 European customers and the more than 8 million businesses impacted in France as they transition to mandatory electronic invoicing.

    To know more about Quadient’s news flow, previous press releases are available on our website at the following address: https://invest.quadient.com/en/newsroom.

    CONFERENCE CALL & WEBCAST

    Quadient will host a conference call and webcast today at 6:00 pm Paris time (5:00 pm London time).

    To join the webcast, click on the following link: Webcast.

    To listen to the presentation by phone, please register using the following link to receive the dial-in details: Conference call.

    A replay of the webcast will also be available on Quadient’s Investor Relations website for 12 months.

    Calendar

    • 13 June 2025: Annual General Assembly
    • 24 September 2025: Half-year results and Q2 2025 sales

    About Quadient®

    Quadient is a global automation platform provider powering secure and sustainable business connections through digital and physical channels. Quadient supports businesses of all sizes in their digital transformation and growth journey, unlocking operational efficiency and creating meaningful customer experiences. Listed in compartment B of Euronext Paris (QDT) and part of the CAC® Mid & Small and EnterNext® Tech 40 indices, Quadient shares are eligible for PEA-PME investing.

    For more information about Quadient, visit https://invest.quadient.com/en/.

    Contacts

    APPENDIX

    Digital: New name for Intelligent Communication Automation

    Mail: New name for Mail-Related Solutions

    Lockers: New name for Parcel Locker Solutions

    Q1 2025 consolidated revenue

    Q1 2025 consolidated revenue by geography

    In € million Q1 2025 Q1 2024 Change Organic
    change
    North America(a) 151 150 +0.6%(d) (2.4)%
    Main European countries(b) 86 89 (2.9)% (2.8)%
    International(c) 21 23      (5.6)%(d) (2.0)%
    Group total 258 261 (1.1)% (2.5)%
    (a)  Including the United States and Canada. Brazil and Mexico are also part of this segment as of 1stJanuary 2025.
    (b)  Including Austria, Benelux, France, Germany, Ireland, Italy (excluding Mail), Switzerland, and the United Kingdom.
    (c)  International includes the activities of Digital, Mail and Lockers outside of North America and the Main European countries. From 1stJanuary 2025, Brazil and Mexico are no longer included and are now part of North America.
    (d)  The reported changes reflect a €0.9m reclassification effect due to the transfer of Brazil and Mexico from International to North America as of 1stJanuary 2025.

    (1) Q1 2025 sales are compared to Q1 2024 sales, to which is added pro rata temporis the revenue of Package Concierge for a consolidated amount of €4 million. The currency impact is broadly neutral in the period.
    (2) Q1 2025 ARR includes a €1.3 million positive currency effect vs 31 January 2025.
    (3) Gartner Research Methodologies, Gartner Magic Quadrant, 28 March 2025

    Attachment

    The MIL Network –

  • MIL-OSI Banking: Enterprises need to jump on opportunities presented by global AI sovereignty strategies, says GlobalData

    Source: GlobalData

    Enterprises need to jump on opportunities presented by global AI sovereignty strategies, says GlobalData

    Posted in Technology

    AI is no longer simply a competitive differentiator for enterprises; the technology is increasingly critical to national security and economic empowerment, prompting countries across the globe to implement strategies that support AI sovereignty. While narrowly defined by some as a focus primarily on infrastructure, AI sovereignty should include a broad swath of capabilities that relate to a country’s (or region’s) ability to produce and maintain its own AI prowess. Enterprises need to exploit the opportunities presented by AI sovereignty strategies globally, says GlobalData, a leading data and analytics company.

    Rena Bhattacharyya, Chief Analyst and Practice Lead for Enterprise Technology and Services at GlobalData, comments: “AI sovereignty should consist of capabilities related to chip design, chip manufacturing, AI processing facilities, data sovereignty, AI models (including LLMs), an appropriate regulatory environment, and AI talent.”

    GlobalData notes that given the rapid pace of innovation prompted by sovereign AI strategies, enterprises need to implement solutions that allow them to remain agile as their needs and the competitive landscape evolve.  They need a strategy that supports business continuity and resiliency and encompasses AI requirements.

    Bhattacharyya notes: “Organizations need to be able to pivot, when necessary, which could mean implementing solutions available in their own backyards, should the need arise.  Foundational to this is a strategy that avoids vendor lock-in and cultivates the skills to take advantage of new technology, new solutions, and new standards as they come to market.”

    Additionally, building in-country expertise will be foundational to implementing a sovereign AI strategy. Enterprises and governments outside the US should jump on the opportunity to expand their talent pools.

    Bhattacharyya concludes: “Immigration and visa turmoil in the US, combined with AI investments by governments around the world, present an opportunity for other countries to lure tech-savvy individuals that would normally study and then stay in the US. Additionally, AI professionals that may have considered US-based employment will be attracted to the growing number of opportunities with organizations across the globe.”

    MIL OSI Global Banks –

  • MIL-OSI Canada: Government of Canada strengthens border security

    Source: Government of Canada News (2)

    News release

    June 3, 2025 – Ottawa, Ontario

    A strong Canada means strong borders. Today, the Honourable Gary Anandasangaree, Minister of Public Safety introduced the Bill, the Strong Borders Act to strengthen our laws and keep Canadians safe.

    The Bill will keep Canadians safe by ensuring law enforcement has the right tools to keep our borders secure, combat transnational organized crime, stop the flow of illegal fentanyl, and crack down on money laundering. It will bolster our response to increasingly sophisticated criminal networks, and enhance the integrity and fairness of our immigration system while protecting Canadians’ privacy and Charter rights.

    Securing the border

    • Amend the Customs Act to secure our borders against illicit drug trafficking, weapons smuggling, and auto theft:
      • obligating owners and operators at certain ports of entry/exit to provide, equip, and maintain facilities for any purpose related to the administration and enforcement of CBSA’s mandate which includes the examination and detention of goods destined for export;
      • allowing the CBSA access to premises under the control of transporters and warehouse operators to perform examinations in places where goods destined for export are reported, loaded, unloaded, or stored.
    • Amend the Oceans Act to add security-related activities to coast guard services, which will enable the Canadian Coast Guard to conduct security patrols and collect, analyse and disseminate information and intelligence for security purposes;
    • Enhance the ability of the Royal Canadian Mounted Police (RCMP) to share information collected on registered sex offenders with domestic and international law enforcement partners;
    • Protect the asylum system against sudden increases in claims by introducing new ineligibility rules.
    • Improve how asylum claims are received, processed, and decided;
    • Strengthen authorities to cancel, suspend or change immigration documents, and to cancel, suspend or stop accepting new applications; and 
    • Improve how Immigration, Refugees and Citizenship Canada (IRCC) shares client information with federal, provincial and territorial partners.

    Combatting transnational organized crime and illegal fentanyl

    • Create a new accelerated scheduling pathway that allows precursor chemicals that can be used to produce illicit drugs to be rapidly controlled by the Minister of Health. This will allow law and border enforcement agencies to take swift action to prevent their illegal importation and use and to ensure strict federal oversight over any legitimate use of these chemicals;
    • Amend the Criminal Code and the Mutual Legal Assistance in Criminal Matters Act to facilitate law enforcement’s access to basic information and data, and amend the Canadian Security Intelligence Service (CSIS) Act to ensure CSIS’s investigative tools also keep pace;
    • Introduce the Supporting Authorized Access to Information Act (SAAIA) to ensure that electronic service providers have the capabilities to support law enforcement agencies and the CSIS in criminal and intelligence investigations by compelling them to fulfill legally authorized requests to access or intercept information and communications;
    • Amend the Canada Post Corporation Act to remove barriers that prevent police from searching the mail, where authorized to do so in accordance with an Act of Parliament, to advance a criminal investigation; and
    • Expand Canada Post’s inspection authority to open mail.

    Disrupting illicit financing

    • Strengthen Canada’s anti-money laundering and anti-terrorist financing regime, including through stronger anti-money laundering penalties;
    • Address some of the most prevalent types of money laundering, including through new restrictions on large cash transactions and ‘third party deposits’;
    • Enhance supervisory collaboration and support high standards of regulatory compliance by adding the Director of the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) to the Financial Institutions Supervisory Committee (FISC) and enabling FINTRAC to exchange supervisory information on federally regulated financial institutions with FISC; and
    • Clarify public to private information sharing provisions to help better detect and deter money laundering and support the recently created Integrated Money Laundering Intelligence Partnership (IMLIP) between banks and law enforcement.

    The Strong Borders Act is a key component of our plan to build a safer and more secure Canada. Further action will be announced over the coming months to keep our communities safe, get guns off our streets, and make bail harder to get for repeat offenders charged with car theft, home invasions, human trafficking and drug smuggling.

    Quotes

    “Our government made a commitment to keep our communities safe and work with our American partners to strengthen our border. The Strong Borders Act will help us tackle organized crime, and further equip our border and law enforcement agencies with the authorities and resources they need to keep our border secure – for both American and Canadian communities.”

    –       The Honourable Gary Anandasangaree, Minister of Public Safety

    “Canada is taking action to respond to rising migration pressures. We’re improving security at the Canada-US border and making our immigration and asylum systems stronger, more flexible, and responsive to new and developing pressures. This is about protecting the integrity of our system while building a safer and more resilient Canada.”

    –       The Honourable Lena Metlege Diab, Minister of Immigration, Refugees and Citizenship

    “Canada is stepping up in the fight against transnational financial crime. This bill will strengthen supervision and enforcement to combat money laundering and terrorist financing – reinforcing our government’s commitment to stop illicit financial flows.”

    –       The Honourable François-Philippe Champagne, Minister of Finance and National Revenue

    “Canada’s criminal laws must keep pace with an evolving landscape. This legislation strengthens the tools available to law enforcement to detect and investigate serious crimes, while upholding the Charter rights of people in Canada and respecting the rule of law.”

    –       The Honourable Sean Fraser, Minister of Justice and Attorney General of Canada and Minister responsible for the Atlantic Canada Opportunities Agency

    “Expanding the Canadian Coast Guard’s services to include security activities will help ensure the protection and sovereignty of our vast coasts and waterways. With our extensive fleet and experience on the water, we are well positioned to make a significant contribution to Canada’s national security, making the country stronger, more adaptable, and more responsive.”

    –       The Honourable Joanne Thompson, Minister of Fisheries

    “This legislation will give Canada stronger tools in the fight against fentanyl so together with all levels of government, Indigenous communities, and public health and law enforcement partners, we can save lives and keep our communities safe.”

    –       The Honourable Marjorie Michel, Minister of Health

    “Canada’s new Government is committed to protecting the health and safety of Canadians. The proposed amendments to the Canada Post Corporation Act will help stop the flow of drugs in Canada. This will help to prevent thousands of overdoses and save lives.”

    –       The Honourable Joël Lightbound, Minister of Government Transformation, Public Works and Procurement

    Quick facts

    • Through Canada’s Border Plan, the Government of Canada is investing $1.3 billion in concrete action to keep communities safe on both sides of the border. 

    • The Border Plan provides $200 million to Public Safety Canada and the Communications Security Establishment Canada to support enhanced gathering of intelligence on transnational organized crime and illegal fentanyl, and enable sharing with law enforcement partners across Canada and the United States.

    • Moreover, providing $743.5 million over five years, including $159.5 million ongoing, was provided to support the stability and integrity of Canada’s asylum system, increasing processing and decision-making capacity.

    • In recent years, the Government has invested more than $379 million to strengthen the effectiveness of Canada’s Anti-Money Laundering/Anti-Terrorist Financing Regime, and made or is making legislative and regulatory changes, including by providing new tools to law enforcement, adding new criminal offences and strengthening penalties, enhancing information sharing, expanding the Regime to new sectors at risk of money laundering, and providing the CBSA with new authorities to pursue trade-based money laundering. 

    • The Canada Border Services Agency is Canada’s first line of defence at 1,200 ports of entry across the country. Day in and day out, approximately 8,600 frontline personnel play a crucial role protecting our communities by preventing illegal goods and inadmissible people from entering Canada. For more on the CBSA’s enforcement actions visit: Canada Border Services Agency enforcement action statistics.

    • The Government of Canada is committed to recruiting 1,000 more RCMP personnel to tackle drug and human trafficking, foreign interference, cybercrime, and the organized criminal gangs, as well as to the hiring of over 1000 additional CBSA personnel, including border services officers, intelligence analysts and specialized chemists, and the training of up to 9 new detector dog teams.

    Associated links

    Contacts

    Alice Hansen
    Director of Communications
    Office of the Honourable Gary Anandasangaree
    Minister of Public Safety
    Alice.Hansen@ps-sp.gc.ca

    Media Relations
    Public Safety Canada
    613-991-0657
    media@ps-sp.gc.ca

    Chantalle Aubertin
    Deputy Director of Communications
    Office of the Minister of Justice and Attorney General of Canada and Minister responsible for the Atlantic Canada Opportunities Agency
    Chantalle.Aubertin@justice.gc.ca      

    Media Relations
    Department of Justice Canada
    613-957-4207
    media@justice.gc.ca

    Media Relations
    Canada Border Services Agency
    1-877-761-5945
    media@cbsa-asfc.gc.ca

    Audrey Milette
    Office of the Honourable François-Philippe Champagne
    Minister of Finance and National Revenue
    audrey.milette@fin.gc.ca

    Media Relations
    Department of Finance Canada
    613-369-4000
    mediare@fin.gc.ca

    Mathis Denis
    Press Secretary and Senior Communications Advisor
    Office of the Honourable Joël Lightbound
    343-573-1846
    mathis.denis@tpsgc-pwgsc.gc.ca

    Media Relations
    Transformation, Public Services and Procurement
    819-420-5501
    media@pwgsc-tpsgc.gc.ca

    Media Relations
    Canadian Security Intelligence Service
    613-231-0100
    Media-medias@smtp.gc.ca

    Renée LeBlanc Proctor
    Press Secretary
    Minister’s Office
    Immigration, Refugees and Citizenship Canada
    Renee.Proctor@cic.gc.ca

    Media Relations
    Immigration, Refugees and Citizenship Canada
    613-952-1650
    media@cic.gc.ca

    Media Relations
    Health Canada
    613-957-2983
    media@hc-sc.gc.ca

    Media Relations
    Fisheries and Oceans Canada
    media.qc@dfo-mpo.gc.ca  

    Stay connected

    Follow Public Safety Canada on X, LinkedIn and YouTube
    Follow Don’t Drive High on Facebook and Instagram

    MIL OSI Canada News –

  • MIL-OSI Canada: The Strong Borders Act – Government of Canada strengthens border security

    Source: Government of Canada News

    The Bill will strengthen our laws and keep Canadians safe by ensuring law enforcement has the right tools to keep our borders secure, combat transnational organized crime, stop the flow of illegal fentanyl, and crack down on money laundering. It will bolster our response to increasingly sophisticated criminal networks, and enhance the integrity and fairness of our immigration system while protecting Canadians’ privacy and Charter rights.

    Securing the border

    The Bill proposes to:

    Amend the Oceans Act to:

    • Expand the Canadian Coast Guard’s services to include security activities that will strengthen sovereignty and maritime domain awareness, particularly in remote Arctic waters;
    • This will enable the Canadian Coast Guard to conduct security patrols and collect, analyze and share information and intelligence for security purposes.

    Amend the Sex Offender Information Registration Act to:

    • Enhance the ability of the Royal Canadian Mounted Police (RCMP) to share information collected under the Act on registered sex offenders with domestic and international partners, including those located in the United States.

    Amend the Immigration and Refugee Protection Act and the Department of Citizenship and Immigration Act to:

    • Authorize Immigration, Refugees and Citizenship Canada (IRCC) to share client information, such as identity, status and immigration documentation with federal, provincial and territorial partners through signed information-sharing agreements;
    • Make it easier for IRCC to share client information between different IRCC programs (e.g. using permanent residence application data to process citizenship applications);
    • Allow for regulations to be developed to share client information across federal departments for the purpose of cooperation.

    Amend the Immigration and Refugee Protection Act to strengthen control over immigration documents for the public interest., These new authorities, which could be used for matters of public health or national security, would allow Canada to:

    • Cancel, suspend or change groups of immigration documents immediately;
    • Pause the acceptance of new applications;
    • Pause or cancel the processing of applications already in the inventory.

    Amend the Immigration and Refugee Protection Act to improve and modernize the asylum system by making it more efficient and easier for claimants to navigate. These changes would:

    • Simplify the online application process and make the process the same whether someone claims asylum at a port of entry or at an in-land IRCC office;
    • Refer complete claims to the Immigration and Refugee Board of Canada (IRB) to speed up decisions;
    • Ensure that claims are only decided by the IRB while the claimant is physically present in Canada;
    • Remove inactive cases from the system;
    • Speed up voluntary departures by making removal orders effective the same day a claim is withdrawn;
    • Help vulnerable claimants, like minors or those who don’t understand the process, by assigning representatives to support them during IRCC and CBSA proceedings.

    In addition, two proposed ineligibility measures in the Bill would protect the asylum system against sudden increases in claims.

    • Asylum claims made by people more than one year after first arriving in Canada after June 24, 2020, would not be referred to the IRB. This would apply to anyone, including students and temporary residents, regardless of whether they left the country and returned;
    • Asylum claims from people who enter Canada from the United States along the land border between ports of entry and make a claim after 14 days would not be referred to the IRB;
    • People who are affected by these ineligibility provisions may still apply for a pre-removal risk assessment (PRRA) to make sure they are not sent back to a country where they could face harm.

    Combatting transnational organized crime and illegal fentanyl

    The Bill proposes to amend the Controlled Drugs and Substances Act and the Cannabis Act to:

    • Create a new accelerated scheduling pathway that allows precursor chemicals that can be used to produce illicit drugs to be rapidly controlled by the Minister of Health. This will allow law and border enforcement agencies to take swift action to prevent their illegal importation and use and to ensure strict federal oversight over any legitimate use of these chemicals.

    Amend the Criminal Code, the Customs Act, the Mutual Legal Assistance in Criminal Matters Act, and the Canadian Security Intelligence Service (CSIS) Act to:

    • Facilitate law enforcement’s ability to lawfully access basic information and data that is necessary in the early stages of criminal investigations and ensure that CSIS’ investigative tools keep pace;
    • Update existing law enforcement tools to keep pace with modern digital challenges, including to explicitly deal with the search of computer systems and data stored on or accessible from those systems;
    • Clarify the ability of law enforcement to exercise specific powers and seize specific information without a warrant in urgent, time-sensitive circumstances (e.g., live abuse of a child);
    • Obligate transporters and warehouse operators to provide access to their premises to allow for export inspections by CBSA officers and require owners and operators of certain ports of entry/exit to provide facilities for export inspections, as is already required for imported goods.

    Introduce the Supporting Authorized Access to Information Act (SAAIA):

    • Ensure that electronic services providers (ESPs) have the capabilities in place to support law enforcement agencies and CSIS in criminal and intelligence investigations by requiring them to fulfil lawfully authorized requests to access or intercept information and communications.

    Amend the Canada Post Corporation Act to:

    • Remove barriers that prevent police from searching mail, where authorized to do so in accordance with an Act of Parliament, to carry out a criminal investigation.
    • Expand Canada Post inspection authority to open mail.

    Disrupting illicit financing

    The Bill also proposes to amend the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) to:

    • Strengthen anti-money laundering supervision, compliance, and enforcement, including through increased civil and criminal penalties;
    • Address some of the most prevalent types of money laundering, including through new restrictions on large cash transactions and third party cash deposits;
    • Require businesses regulated for anti-money laundering purposes, that are not already registered, to enroll with Financial Transactions and Reports Analysis Centre of Canada (FINTRAC); and
    • Permit disclosures from the FINTRAC to the Office of the Commissioner of Canada Elections.

    The Bill also proposes to amend the PCMLTFA with related amendments to the Personal Information Protection and Electronic Documents Act to clarify public to private information sharing provisions to help better detect and deter money laundering and support the recently created Integrated Money Laundering Intelligence Partnership (IMLIP) between banks and law enforcement.   

    The Bill proposes to amend the Office of the Superintendent of Financial Institutions Act to make the Director of FINTRAC a member of the Financial Institutions Supervisory Committee (FISC), as well as to amend the Proceeds of Crime (Money Laundering) and Terrorist Financing Act to enable the Director to exchange information with the other members of FISC. 

    MIL OSI Canada News –

  • MIL-OSI: Amplify ETFs Bitcoin Option Income ETFs Declare First Income Distributions

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, June 03, 2025 (GLOBE NEWSWIRE) — Amplify ETFs, a leading provider of breakthrough ETF solutions, announces the initial income distribution for its newly launched Bitcoin* option income ETFs.

    The Amplify Bitcoin 2% Monthly Option Income ETF1 (BITY) and Amplify Bitcoin Max Income Covered Call ETF (BAGY) achieved their stated distribution expectations, demonstrating the effectiveness of weekly options-writing on Bitcoin ETPs.

    “We are pleased to deliver on the income objectives we set at launch for BITY and BAGY,” said Christian Magoon, CEO of Amplify ETFs. “As Bitcoin reaches all-time highs, we’re encouraged to see our ETFs generating income and standing up alongside traditional Bitcoin ETFs. Our differentiated approach continues to resonate with investors looking for yield-enhanced exposure to Bitcoin’s long-term growth story.”

    Ticker ETF Name Distribution
    Rate    2    		 Amount
    per Share    		 Distribution
    Frequency    		 30 Day
    SEC Yield2
    BAGY Amplify Bitcoin Max Covered Call Income ETF 32.25% $1.46125 Monthly 3.10%
    BITY Amplify Bitcoin 2% Monthly Option Income ETF 25.62% $1.16540 Monthly 2.42%
               

    Distributions as of 5/30/25 included an estimated return of capital: BAGY 96%, BITY 96%. Past performance does not guarantee future results.

    “The weekly option writing approaches of BAGY and BITY are effectively taking advantage of Bitcoin’s price volatility for option income, underlining our commitment to maximizing option income potential while providing Bitcoin price exposure. Our goal is to monetize Bitcoin’s volatility,” said portfolio manager, Kevin Kelly.

    With these successful launches and distributions, Amplify ETFs strengthens its position as a leader in income-generating ETF strategies, extending that expertise to crypto-linked income solutions.

    Learn more:

    About Amplify ETFs
    Amplify ETFs, sponsored by Amplify Investments, has over $11 billion in assets across its suite of ETFs (as of 5/30/2025). Amplify ETFs delivers expanded investment opportunities for investors seeking growth, income, and risk-managed strategies across a range of actively managed and index-based ETFs. To learn more visit AmplifyETFs.com.

    Sales Contact:
    Amplify ETFs
    855-267-3837
    info@amplifyetfs.com    		 Media Contact:
    Gregory FCA for Amplify ETFs
    Kerry Davis
    610-228-2098
    amplifyetfs@gregoryfca.com
       

    1Formerly Amplify Bitcoin 24% Premium Income ETF
    2Distribution Rate is the normalized current distribution (annualized) over NAV per share. 30-Day SEC Yield is a standard yield calculation developed by the Securities and Exchange Commission that allows for fairer comparisons among bond funds. It is based on the most recent month end. This figure reflects the income earned from dividends – excluding option income – during the period after deducting the Fund’s expenses for the period

    *The Funds do not invest directly in bitcoin. Bitcoin ETPs are exchange-traded investment products not registered under the 1940 Act that seek to generally match the performance of the price of Bitcoin, and trade intra-day on a national securities exchange.

    There is no guarantee that BITY will achieve the Target Option Premium in any given year. If the NAV of the Fund remains level or decreases during any one-year period, the annualized premium generated by the Fund may be significantly less than the Target Option Premium for that time period.

    Carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. This and other information can be found in the Fund’s statutory and summary prospectuses, which may be obtained at AmplifyETFs.com. Read the prospectus carefully before investing.

    This information is not intended to provide and should not be relied upon for accounting, legal or tax advice, or investment recommendations. To receive a distribution, you must be a registered shareholder of the fund on the record date. Distributions are paid to shareholders on the payment date. There is no guarantee that distributions will be made in the future. Your own trading will also generate tax consequences and transaction expenses. Past distributions are not indicative of future distributions. Please consult your tax professional or financial adviser for more information regarding your tax situation.

    Investing involves risk and possible loss of principal. There is no guarantee the investment strategy will be successful. The Funds are considered to be non-diversified. The Funds are actively managed and their performance reflects the investment decisions the Adviser makes for the Funds.

    The Funds face risks by investing in Bitcoin through the Bitcoin ETP and Bitcoin ETP Options, as bitcoin is a new and highly speculative investment. The market for bitcoin is volatile and subject to rapid changes, regulatory actions, and numerous challenges to widespread adoption. Issues such as slow transaction processing, variable fees, and price volatility further increase these risks.

    There is a lack of consensus regarding the regulation of digital assets, including bitcoin, and their markets. Trading in shares of a Bitcoin ETP on U.S. securities exchanges may be halted due to market conditions or for reasons that, in the view of an exchange, make trading in shares of the Bitcoin ETP inadvisable.

    Option contract prices are volatile and affected by changes in the underlying asset’s value, interest or currency rates, and expected volatility, all of which are influenced by political, fiscal, and monetary policies. The Funds may use FLEX Options, which can be less liquid than standardized options. This may make it difficult to close out FLEX Options positions at desired times and prices.

    With covered call risk, the Funds might miss out on profits if the security’s value rises above the option’s premium and strike price while still facing potential losses if the value declines. With covered put risk, significant stock price increases can lead to substantial losses on your short position. The premium provides some income but may not fully offset the loss if the stock rallies unexpectedly.

    The Funds currently expect to make distributions on a monthly basis, a portion of which may be considered return of capital.

    Amplify Investments LLC serves as the investment adviser to the Funds. Kelly Strategic Management, LLC and Penserra Capital Management LLC each serve as investment sub-advisers to the Funds.

    Amplify ETFs are distributed by Foreside Fund Services, LLC.

    The MIL Network –

  • MIL-OSI: DVCon U.S. 2026 Announces Call for Extended Abstracts, Workshop and Tutorial Proposals

    Source: GlobeNewswire (MIL-OSI)

    GAINESVILLE, Fla., June 03, 2025 (GLOBE NEWSWIRE) — The 2026 Design and Verification Conference and Exhibition United States (DVCon U.S.), sponsored by Accellera Systems Initiative, is pleased to announce its Call for Extended Abstract, Workshop, and Tutorial Proposals. The 38th annual DVCon U.S. will be held March 2-5 at the Hyatt Regency Hotel, Santa Clara, CA.

    “DVCon U.S. continues to be the premier venue for exploring the latest trends, technologies, and standards in design and verification,” stated Xiaolin Chen, DVCon U.S. 2026 General Chair. “We invite proposals that share real-world experiences, innovative methodologies, and forward-looking insights. Our goal is to deliver an exceptional technical program while preserving the personal connections and collaborative spirit that have long defined the DVCon experience.”

    Extended Abstract Information

    DVCon U.S. 2026 invites engineers, researchers, and practitioners to submit extended abstracts that provide deep technical insights, practical case studies, and innovative approaches across the design and verification landscape. Submissions should focus on real-world experiences and address emerging trends that are shaping the future of electronic system development.

    Suggested topic areas include, but are not limited to:

    • Functional verification and validation
    • Safety-critical design and verification
    • Low-power design techniques
    • Machine learning and big data applications
    • Design and verification reuse and automation
    • Mixed-signal design and verification

    Authors may also incorporate topics such as EDA tool usage, FPGA-based design, specialized verification languages (e.g., SVA or PSL), scripting, Portable Stimulus applications, AMS techniques, and IoT-related methodologies.

    Extended abstracts should be between 600 and 1,200 words and demonstrate technical depth, innovation, and relevance.

    More information and guidelines for DVCon U.S. 2026 abstract submissions can be found here.

    Sponsored Short Workshop and Tutorial Information

    DVCon U.S. 2026 welcomes proposals for technical tutorials and short workshops that offer high-impact educational content for design and verification professionals. These sessions provide an excellent opportunity for industry experts to share knowledge, demonstrate tools and methodologies, and engage directly with attendees.

    Short workshops are 90-minute sponsored sessions open to all attendees registered for the full conference. Scheduled for both Monday and Thursday, these workshops may be formatted as hands-on demonstrations or lecture-style presentations, allowing flexibility in delivery and engagement.

    DVCon U.S. technical tutorials are three-hour sessions included with full conference registration. The Technical Program Committee seeks proposals that are timely, highly relevant, and rich in continuing education value. Topics should address current challenges and trends in design and verification.

    Suggested topics for both workshops and tutorials include:

    • SystemVerilog for design and verification
    • SystemC, C, and C++ in system-level design
    • Software-driven and SoC verification
    • Assertion-based verification (SystemVerilog, PSL)
    • Coverage-driven verification and debug techniques
    • Low-power design strategies and high-level synthesis
    • Mixed-signal modeling and AMS verification
    • Secure IP-based SoC design and encryption
    • Transaction-level modeling, ESL design, and IP integration (IP-XACT)
    • Portable Stimulus and standards adoption
    • Formal methods, emulation, FPGA prototyping, and post-silicon debug
    • Embedded software co-verification and productivity methods
    • Functional safety, security, and open-source methodologies
    • Machine learning applications in design and verification

    Proposals should include an abstract between two to five paragraphs (not exceeding 1,000 words) that clearly outline the objective, technical depth, and value to attendees. For more details on DVCon U.S. 2026 workshop and tutorial proposal guidelines, including pricing, visit here.

    Submission Deadline
    The submission site for all proposals opens July 15. The deadline to submit extended abstracts, tutorial and workshop proposals is September 7, 2025.

    For inspiration and to view proceedings from past conferences, visit the archives site.

    About DVCon
    DVCon is the premier conference for discussion of the functional design and verification of electronic systems. DVCon is sponsored by Accellera Systems Initiative, an independent, not-for-profit organization dedicated to creating design and verification standards required by systems, semiconductor, intellectual property (IP) and electronic design automation (EDA) companies. For more information about Accellera, please visit www.accellera.org. For more information about DVCon U.S., please visit here. Follow DVCon on Facebook, LinkedIn or @dvcon_us on X or to comment, please use #dvcon_us.

    The MIL Network –

  • MIL-OSI United Nations: Deputy Secretary-General’s remarks at the Opening Ceremony of the 8th Session of the Global Platform for Disaster Risk Reduction [as delivered]

    Source: United Nations secretary general

    H.E. Mr. Ignazio Cassis, Foreign Minister of Switzerland and Member of the Swiss Federal Council; Excellencies; Distinguished Delegates; Ladies and Gentlemen,

    This 2025 Global Platform for Disaster Risk Reduction comes at a critical point in time.

    Let me express my sincere appreciation to the Government and people of Switzerland for welcoming us at this crucial juncture on the road to 2030, and to co-chairs Patricia Danzi and Kamal Kishore and their dedicated teams for their leadership in steering the 8th Global Platform forward.

    We gather here with a profound sense of urgency, but also among geopolitical tensions, and an unwavering responsibility.

    Just last week, I stood among global leaders at the first High-Level International Conference for Glaciers’ Preservation in Dushanbe, witnessing first-hand the impact of climate change on Tajikistan’s Glacier’s in the Pamir mountain range. As a global community, the Conference issued an urgent call for action to safeguard these fragile ecosystems, reduce the impact of climate change on water-related ecosystems and invest in disaster prevention.

    Days later, one of the biggest Alpine disasters struck just 130 kilometres from here in Blatten. A glacier collapse could have cost countless lives, but thanks to the early warning systems, people and their livestock were evacuated in time.

    Still, the devastation is profound. I extend my deepest sympathies to the people of Blatten, who now face a difficult task of recovering what was lost.

    This disaster is a stark reminder: early warnings save lives, but they alone cannot save glaciers from disappearing. Communities and ecosystems depend on these ice reserves, and the consequences of their loss are irreversible. 

    If global warming exceeds 1.5°C, the impacts will cascade across the planet. The UN Secretary-General’s Early Warnings for All Initiative is helping countries prepare for climate-related shocks while strengthening climate resilience. But we must scale up this rapidly, ensuring that no one is left behind.

    Excellencies,

    When we came together in 2015 to adopt the Sendai Framework for Disaster Risk Reduction, the Paris Agreement, and the 2030 Agenda for Sustainable Development, we did more than set ambitious goals, we made a solemn promise to build a world that is safer, more equitable, and more resilient.

    Yet, that promise stands at a crossroads.

    Although we have made progress since Paris in bringing down projected temperature increases, we are now dangerously close to the 1.5 degrees limit, and every new scientific report tells us that another climate indicator is flashing red.

    Just last week, WMO projected that we will likely see temperatures rise above 1.5 degrees not just for a single year but over the next five years.

    Disasters are not just increasing in scale and cost—they are striking with growing intensity and unpredictability, leaving no country or region untouched.

    Every delay in action carries a devastating human and economic toll.

    The 2025 Global Assessment Report on Disaster Risk Reduction highlights direct losses from disasters at $202 billion annually, but when cascading and ecosystem costs are considered, total losses exceed 2.3 trillion US dollars annually.

    Disasters have devastating effects on the world’s most vulnerable countries – LDCs, LLDCs, and SIDS –derailing economies, deepening inequity, and pushing them further off the path of sustainable development.

    Middle Income Countries also face mounting setbacks, as disasters divert critical resources away from long-term growth.

    Even developed countries are not immune. Record-breaking disasters are making entire regions uninsurable, exposing new vulnerabilities.

    Meanwhile, the Sustainable Development Goals are dangerously off track, with an annual financing gap of over 4 trillion dollars.

    Excellencies, Ladies and gentlemen,

    Protecting development gains from disaster impacts is more urgent than ever.

    Progress is possible and we have seen it.

    Over the past decade, disaster mortality rates have declined, early warning systems have expanded, and two-thirds of countries that are part of the Sendai Framework now have disaster risk strategies in place.

    But this is not enough. We must go further and faster to deliver on Early Warning Systems for All by 2027.

    We must continue to build momentum powered by innovation, determination, and multi-networked leadership.

    Your actions demonstrate that “resilience does pay” when governments, local actors, the private sector, youth and all of society come together to take action.

    From Artificial Intelligence, predictive analytics and machine learning models, new tools together with traditional knowledge and on the ground practitioners are transforming how we predict, prevent, and mitigate disasters.

    They must be expanded for proactive, data-driven prevention – saving lives while protecting livelihoods and assets.

    Immediate, real-time monitoring, advanced satellite imagery and geographic information systems can complement preparedness strategies, coordination, and our 2030 Agenda’s promise of leaving no one behind.

    These transformative actions must be scaled to ensure resilience is not an after-thought, but the foundation for our long-term prosperity.

    Excellencies, Ladies and Gentlemen,

    I see three key actions to accelerate the implementation of the Sendai Framework in the remaining five years.

    First, we must prioritize risk-informed development across all sectors and levels. This means putting prevention and resilience at the centre of every decision, investment, and policy that we make.

    Every dollar invested in infrastructure, energy, cities, agriculture… must strengthen resilience, not exacerbate future risk.

    At the Fourth International Conference on Financing for Development, we have a chance to reform global development finance and address the debt crisis, enabling us to have more fiscal space to avert these crises.

    Second, we must urgently scale up public and private investments in resilience.  All nations must dedicate a larger portion of public budgets to disaster risk reduction and establish national financing frameworks that align economic development plans with risk reduction and climate adaptation needs.

    We must acknowledge resilience as a long-term economic necessity – and the best return on investment.

    Instruments like catastrophe bonds, risk pools, and climate-resilient insurance can ensure faster recovery while reducing economic strain on vulnerable communities.

    I encourage you to work with the private sector to mobilize new ways of funding resilience and integrating it into long-term business practices.

    Third, we must strengthen our solidarity and cooperation. The risks we face are interconnected — across geographies, political boundaries and development sectors.

    By September, nations will submit new climate plans – or nationally determined contributions. Strong, ambitious strategies to cut emissions and fortify resilience will shape our future and drastically reduce the risk of climate-related disasters.

    Our responses must also be based on behavioural science and predictive forecasting. We must focus particularly on those who are most vulnerable and those already living on the frontlines of crisis.

    The UN Secretariat is committed to supporting you seizing every global opportunity to drive change towards resilience, breaking the vicious cycle of debt, uninsurability and crises.

    This Platform, I believe must elevate disaster risk reduction across the UN system –  from the UN Ocean Conference, to the Fourth International Conference on Financing for Development, to COP30, to the World Summit on Social Development, and beyond.

    Excellencies, Friends,

    This is not business as usual.

    The cost of inaction is already unbearable for many – and the choices we make now will shape the lives of generations to come.

    Disaster risk reduction is not an option – it must be at the heart of our efforts to secure a safer, more sustainable, and more just world.

    So let us rise to that moment — with resolve, with investment, and with the partnerships we need to deliver real results in the lives of people while protecting our planet.

    Thank you.

    ***
     

    MIL OSI United Nations News –

  • MIL-OSI: EXL achieves the AWS Generative AI Competency

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) — EXL [NASDAQ: EXLS], a leading data and AI company, announced it has achieved the Amazon Web Services (AWS) Generative AI Competency within the AWS Partner Network (APN). The designation recognizes EXL as a trusted AWS Partner with deep domain expertise and proven success in delivering generative AI (GenAI) solutions, positioning the company among a select group of organizations recommended by AWS to customers seeking advanced GenAI capabilities.

    The AWS Generative AI Competency validates EXL’s ability to help businesses harness the power of GenAI to drive innovation, improve decision-making, and enhance operational efficiencies. This achievement underscores EXL’s commitment to delivering cutting-edge AI solutions that empower enterprises across industries to unlock new levels of growth and transformation.

    “Our achievement of this competency highlights EXL’s relentless focus on pushing the boundaries of AI innovation,” said Sumit Baluja, senior vice president and global head of EXL’s ecosystem channels. “GenAI is fundamentally reshaping industries, and we’re proud to be at the forefront—partnering with our clients to unlock new value through data and AI.”

    As part of this designation, EXL has expanded its digital offerings in the AWS Marketplace, launching five cutting-edge solutions that demonstrate the company’s leadership in applied AI:

    • EXL Insurance LLM™ is an industry-specific large language model built for the insurance industry. Unlike generic AI models, it is fine-tuned with proprietary insurance datasets, using deep domain knowledge of industry-specific processes, enabling high-precision claims adjudication, and automating key workflows.
    • EXL Code Harbor™ is a generative AI-powered service leveraging a multi-agent conversion framework that accelerates the migration of legacy codebases to novel and open-source languages, as well as enhancing data and code governance. It leverages the modular capability of code conversion and optimization, code governance and documentation, and automated testing to convert the client’s codebase. It addresses the manual effort involved in writing and optimizing code to transform the process, resulting in accelerated delivery, reduced costs, and higher accuracy.
    • EXL Property Insights™ leverages AI and machine learning to provide accurate, real-time insights for underwriting, marketing, and claims. The solution extracts property attributes from high-resolution aerial imagery and combines it with additional property-level features that influence risk. With these insights, insurers can better evaluate and develop risk models and combine individual peril scores into an overall risk score.
    • EXL Paymentor℠ is an AI-powered collections and receivables platform that has enhanced over 40 million global engagements by personalizing customer outreach, optimizing strategies, and accelerating settlements. Its multilingual conversational AI, omni-channel capabilities, and real-time analytics enhance communication, decision-making, and collection efficiency.
    • EXL Smart Agent Assist™ is an AI-powered solution that enhances customer service operations with real-time conversational insights and automation. By leveraging GenAI and advanced natural language processing, it empowers contact center agents to deliver personalized, efficient support—improving first call resolution, boosting agent productivity, and reducing average handling time. With automated post-call summaries and real-time recommendations, it drives better customer experience and retention. The solution seamlessly integrates with existing customer relationship management systems, telephony systems, knowledge bases, and third-party platforms for fast, disruption-free implementation.

    This achievement further strengthens EXL’s collaboration with AWS, powering innovation that helps clients modernize, personalize experiences, and uncover new revenue opportunities through AI.

    More information about EXL’s AWS Generative AI Competency status and its comprehensive range of data and AI solutions can be found here.

    About EXL

    EXL (NASDAQ: EXLS) is a global data and AI company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world’s leading corporations in industries including insurance, healthcare, banking and capital markets, retail, communications and media, and energy and infrastructure, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have approximately 60,000 employees spanning six continents. For more information, visit www.exlservice.com.

    Cautionary Statement Regarding Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. You should not place undue reliance on those statements because they are subject to numerous uncertainties and factors relating to EXL’s operations and business environment, all of which are difficult to predict and many of which are beyond EXL’s control. Forward-looking statements include information concerning EXL’s possible or assumed future results of operations, including descriptions of its business strategy. These statements may include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. These statements are based on assumptions that we have made in light of management’s experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions. Although EXL believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect EXL’s actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. These factors, which include our ability to maintain and grow client demand, our ability to hire and retain sufficiently trained employees, and our ability to accurately estimate and/or manage costs, rising interest rates, rising inflation and recessionary economic trends, are discussed in more detail in EXL’s filings with the Securities and Exchange Commission, including EXL’s Annual Report on Form 10-K. You should keep in mind that any forward-looking statement made herein, or elsewhere, speaks only as of the date on which it is made. New risks and uncertainties come up from time to time, and it is impossible to predict these events or how they may affect EXL. EXL has no obligation to update any forward-looking statements after the date hereof, except as required by federal securities laws.

    Contacts
    Media
    Keith Little
    +1 703-598-0980
    media.relations@exlservice.com

    Investor Relations
    John Kristoff
    +1 212 209 4613
    IR@exlservice.com

    The MIL Network –

  • MIL-OSI: 50 million HVLO airdrop to reward Hivello users and buy back, token now available in 130 countries via fiat

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 03, 2025 (GLOBE NEWSWIRE) — Blockmate Ventures Inc. (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH1) (“Blockmate” or the “Company”) is pleased to announce that its investee, Hivello Holdings, has partnered with payments company Banxa which will enable users in 130 countries to buy $HVLO directly using fiat payment gateways such as cards, bank transfers, Apple Pay, Google Pay and more.

    By integrating with Banxa, Hivello is making it easier and more accessible for anyone to participate in Decentralized Physical Infrastructure Networks (DePIN), enabling users to go from “idle device” to contributor in just a few clicks with no prior crypto experience, to earning passive income.

    Further driving the Hivello community to reward loyal users and onboard new ones, Hivello Holdings will be airdropping 50 million $HVLO tokens in August 2025. The airdrop will be on top of the rewards that users generate through their DePIN participation with greater airdrops for the most active users.

    To additionally support the value of $HVLO in the market, Hivello has committed a variable percentage of its quarterly revenue to buying back $HVLO tokens in the open market and burning them, gradually reducing the circulating supply of $HVLO.

    This approach reflects Hivello’s commitment to aligning its business growth with the broader health of its token economy, while reinforcing long-term incentives for its community.

    Justin Rosenberg, CEO of Blockmate Ventures, commented, “As the Hivello team have continued to enhance the platform to make it easier for new users to onboard and start earning, they are also making excellent strides towards enhancing the long-term value of $HVLO. By expanding accessibility to 130 countries via fiat payment gateways, rewarding loyal users through the 50M airdrop and committing to regularly buy back tokens, it is an excellent time for new users to join the platform.”

    Below are the recent press releases from Hivello:

    $HVLO Token Available via Apple Pay & Credit Card

    LONDON & AMSTERDAM, May 27 – Hivello, a DePIN aggregator that enables users to earn by monetizing idle (computing) resources across multiple DePINs (Decentralized Physical Infrastructure Networks), announces that its native token $HVLO will soon be integrated with Banxa, a global fiat-to-crypto on-ramp solution trusted by leading Web3 platforms.

    This integration means that users in over 130 countries will be able to buy $HVLO directly using local fiat payment methods, including credit/debit cards, bank transfers, Apple Pay, Google Pay, and more. Crucially, users will not need to go through a centralized exchange, making it faster and simpler for anyone, regardless of technical expertise, to acquire HVLO and participate in Hivello’s growing ecosystem.

    For Hivello, this marks a meaningful step forward in its mission to onboard millions of Web2 users into Web3. By integrating with trusted platforms like Banxa, Hivello is making it even easier and more accessible for anyone to participate in DePIN, enabling users to go from “idle device” to contributor with just a few clicks, no prior crypto experience required.

    Not only is Hivello making DePIN more accessible through seamless fiat integration, but it’s doing so at the right time. According to Messari’s Q1 2025 DePIN Sector Report, the sector has already surpassed $50 billion in market cap and is projected to reach $3.5 trillion by 2028. With over 13 million devices contributing daily and $350 million in capital raised over the past year, DePIN is entering a phase of rapid expansion, and Hivello is building the infrastructure to bring everyone in.

    The integration is expected to go live in the coming weeks and HVLO will be supported directly within Banxa’s interface.

    “Banxa is a proven bridge between traditional finance and Web3,” said Holger Arians, CEO of Banxa. “This partnership accelerates our ability to reach users who’ve never touched crypto before. Our mission is to simplify access to the digital asset ecosystem. Partnering with Hivello allows us to empower millions of users to participate in the rapidly growing DePIN economy—easily, securely, and without friction. Users around the world can now go from fiat to HVLO in just a few clicks—and immediately start contributing to and earning from the decentralized economy.”

    “This is a big step toward making DePIN truly accessible to the mainstream,” said Domenic Carosa, Co-founder & Chairman of Hivello. “With Banxa, it’s now easier for anyone to buy HVLO using regular payment methods—no crypto experience needed.”

    Hivello’s “Buy Back & Burn” Initiative to Support $HVLO Growth & Sustainability

    LONDON and AMSTERDAM, May 28, 2025 — Hivello, a DePIN aggregator that enables users to earn by monetizing idle (computing) resources across multiple DePINs (Decentralized Physical Infrastructure Networks), has announced plans to introduce a new “Buy back and burn” initiative, designed to strategically support the long-term value and sustainability of its native token, $HVLO.

    Under this initiative, a variable percentage of Hivello’s revenue will be allocated quarterly to buying $HVLO back off the open market and burning it, gradually reducing the circulating supply of $HVLO.

    This approach reflects Hivello’s commitment to aligning its business growth with the broader health of its token economy, while reinforcing long-term incentives for its community. Additionally, making the HVLO token deflationary by linking its supply to the performance of the rapidly growing Hivello network further aligns the token with the network for all participants.

    “We’ve seen how buy back and burn models can boost trust and sustainability when executed correctly,” added Domenic Carosa, Co-founder & Chairman of Hivello. “This initiative helps us stay community-first while building a stronger foundation for HVLO’s future utility and growth.”

    50M $HVLO Airdrop to Prioritize Uptime, Loyalty, and Integrity

    LONDON and AMSTERDAM, May 29, 2025 – Hivello, a DePIN aggregator that enables users to earn by monetizing idle (computing) resources across multiple DePINs (Decentralized Physical Infrastructure Networks), has confirmed its commitment to rewarding meaningful contributions through its hugely upgraded and more sophisticated $HVLO airdrop program.

    Hivello’s airdrops were never intended to be simple giveaways, they are a core part of its strategy to recognize real users who are helping to power the decentralized physical infrastructure ecosystem (DePIN).

    As the platform grows and attracts more participants globally, Hivello has announced that its next airdrop will happen in August 2025, will be for 50 million HVLO tokens and most importantly will be materially different from Hivello’s first airdrop.

    Airdrop 2 will focus on users who consistently demonstrate high-value behavior such as sustained node uptime, long-term engagement, and the provision of real resources to DePIN networks.

    Hivello is developing an improved variable reward framework to ensure that $HVLO rewards distributed go only to legitimate node runners.

    Behavior intended to manipulate or exploit the airdrop system, such as spinning up fake or inactive nodes, or buying and selling node accounts, will not be rewarded. These practices run counter to the spirit of Hivello’s community-driven approach and will be automatically detected and result in zero rewards in this and future airdrop campaigns.

    “Airdrops shouldn’t just reward activity, they should reward contribution,” said Domenic Carosa, Co-founder & Chairman of Hivello. “This next phase is about identifying and supporting the people who are showing up, powering real infrastructure, and helping to grow the DePIN ecosystem alongside us.”

    Hivello views airdrops as a meaningful way to onboard the right users—those who believe in decentralization, contribute honestly, and help bring the Web2 audience into the world of Web3. With more than 10 DePIN protocols already integrated and thousands of contributors providing real computing power, Hivello continues to push forward in building the future of DePIN.

    About Blockmate Ventures Inc.

    Blockmate Ventures (TSX.V: MATE) is a Blockchain & Web3 venture builder investing in and operating scalable blockchain, mining, and digital infrastructure companies. From decentralized computing with Hivello to Blockmate Mining, the Company’s portfolio provides investors with diversified exposure to emerging sectors within Web3 and beyond.

    About Hivello

    Hivello is an aggregator of DePIN projects that allows any user to participate in a variety of DePIN networks with just a few clicks. This eliminates the technical hurdles that many users face when trying to join these networks, and allows users to earn passive income by mobilizing their idle computers. We aim to create a simple app that allows users to contribute their computer resources and earn passive income, with no technical knowledge required. It’s as easy as downloading, installing, and running nodes, making complex technologies accessible and beneficial to all.

    Website | X | Discord | LinkedIn | Youtube

    About Banxa

    Banxa is a global on-and-off-ramp infrastructure provider that bridges the gap between traditional finance and digital assets. Operating in 130+ countries, Banxa offers fully compliant fiat-to-crypto payments, helping users and businesses access digital assets easily and securely.

    Website

    To learn more, visit www.blockmate.com.

    Blockmate welcomes investors to join the Company’s mailing list for the latest updates, webinars and industry research by subscribing at https://www.blockmate.com/subscribe.

    ON BEHALF OF THE BOARD OF DIRECTORS

    Justin Rosenberg, CEO
    Blockmate Ventures Inc
    justin@blockmate.com
    (+1-580-262-6130)

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    Forward-Looking Information
    This news release contains “forward-looking statements” or “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on the assumptions, expectations, estimates and projections as of the date of this news release. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Raindrop disclaims any obligation to update any forward-looking statements, whether because of new information, future events or otherwise, except as may be required by applicable securities laws. Readers should not place undue reliance on forward-looking statements.

    The MIL Network –

  • MIL-OSI: Meet With iQor CXBPO™ at Customer Contact Week Las Vegas 2025

    Source: GlobeNewswire (MIL-OSI)

    FT. LAUDERDALE, Fla., June 03, 2025 (GLOBE NEWSWIRE) — Leaders from iQor CXBPO™, an award-winning customer experience business process outsourcing (BPO) solutions provider unifying AI, analytics, and human expertise, will exhibit at Customer Contact Week (CCW) Las Vegas 2025 at Caesars Forum from June 10 to 12.

    As the world’s largest customer contact event, CCW provides a premier platform for CX leaders to explore cutting-edge innovations and strategic insights shaping the future of customer service.

    Attendees are invited to connect with iQor’s CX experts to learn how global brands are leveraging the company’s operational excellence, AI-enabled solutions, and next-generation VOC analytics to drive efficiency, reduce costs, and elevate customer satisfaction. iQor will highlight the power of its infinityAiQ™ platform, the engine that powers its revolutionary CXBPO™ model, turning every customer interaction into business intelligence and every CX process into a growth opportunity — unifying people, processes, and insights to deliver value like never before. Backed by a global team of 180+ data scientists, analysts, and Ph.D.s., iQor’s integration of AI and analytics combines proprietary tools, enriched datasets, and advanced partner technologies for exceptional CX.

    iQor will also demonstrate the benefits of its collaboration with OpenAI. iQor is the first CXBPO to integrate OpenAI’s advanced language models into its proprietary analytics platform, empowering brands to instantly analyze customer sentiment and behavior across millions of interactions. This real-time intelligence enables personalized experiences, proactive issue resolution, and smarter decision-making throughout the customer journey.

    Stop by Booth 1624 in the Expo Hall between 8 a.m. and 5 p.m. PDT on Tuesday, June 10; between 8 a.m. and 6 p.m. PDT on Wednesday, June 11; and between 8 a.m. and 5:30 p.m. PDT on Thursday, June 12, to explore how AI-driven solutions can transform your customer experience strategy.

    To book time with an iQor CX leader, visit the iQor CCW Las Vegas 2025 event page.

    To learn more about CCW Las Vegas 2025, visit the official event website.

    About iQor CXBPO™
    iQor CXBPO™ is a trusted partner in intelligent customer experience solutions, delivering exceptional results for global brands. With 40,000 employees across 10 countries, we combine 30 years of industry expertise with cutting-edge AI-driven innovations to optimize customer interactions at every stage. Our agile, scalable solutions ensure seamless omnichannel engagement, driving loyalty and measurable business success. Recognized as a Great Place to Work® and a leader in CX excellence, we elevate performance through a people-first approach, operational expertise, and secure, technology-enabled solutions. Learn more at iQor.com.

    The MIL Network –

  • MIL-OSI USA: Rep. Lois Frankel and Sen. Brian Schatz Statement on Proposed State Department Reorganization

    Source: United States House of Representatives – Congresswoman Lois Frankel (FL-21)

    Washington, D.C. – Rep. Lois Frankel (D-FL-22), Ranking Member of the House National Security, Department of State, and Related Programs Appropriations Subcommittee and Sen. Brian Schatz (D-HI), Ranking Member of the Senate Department of State, Foreign Operations, and Related Programs Appropriations Subcommittee, released the following statement after the State Department notified Congress of a sweeping reorganization plan that will significantly undermine U.S. diplomacy and foreign assistance, with serious implications for American security and economic interests.

    “Reforms must be undertaken thoughtfully with bipartisan guidance and consent from Congress to be effective and sustainable. We take seriously our obligation to ensure that every dollar spent strengthens our global leadership and advances the safety and prosperity of our citizens, and have offered our engagement with the Administration, but there has been no consultation,” said the Members.

    “At a time when adversaries like Russia and China are expanding their global influence, the Administration is proposing reductions to an already overstretched U.S. diplomatic corps while formalizing its elimination of virtually all U.S. development expertise. This includes shifting critical development and humanitarian programs to entities with little or no experience managing them; jeopardizing efforts to protect human rights and democracy, prevent conflict before it reaches our shores, and advance the Administration’s own stated goals. Meaningful reform is more than an organizational chart, and it also requires a commitment to the personnel, systems, and tools necessary for effective policy implementation.

    This proposal, and the ongoing cuts to foreign assistance programs gutted earlier this year with the dismantling of USAID and the abrupt cancellation of thousands of contracts and grants, will continue to result in preventable death around the world. All of this has raised not only policy concerns, but serious legal and constitutional issues. 

    Secretary Rubio and his team must engage with Congress openly and in good faith, participating in a comprehensive, bipartisan exchange of ideas that lead to an agreed path forward.”

    ###

    MIL OSI USA News –

  • MIL-OSI Asia-Pac: Cancer committee meets

    Source: Hong Kong Information Services

    Acting Secretary for Health Dr Libby Lee chaired the 20th meeting of the Cancer Coordinating Committee today to discuss the response strategies and measures against cancer with relevant government departments and organisations.

    During the meeting, the committee examined the implementation of the Hong Kong Cancer Strategy, and looked at in detail the citywide population-based cancer surveillance data for 2022, including figures on incidence, mortality, survival rates and cancer prevalence in the population for major cancers.

    A total of 35,373 newly diagnosed cancer cases were recorded in 2022, involving 17,239 men and 18,134 women. In other words, 97 new cancer cases were diagnosed every day on average.

    Lung cancer, logging 5,707 cases, remains the most common cancer in Hong Kong.

    Breast cancer (5,208 cases) has for the first time outnumbered colorectal cancer (5,190 cases), accounting for the second and third most common cancers.

    Dr Lee said: “Cancer mortality rates of both males and females have shown a declining trend over the past three decades, indicating Hong Kong’s healthcare system has yielded positive results in combating cancer.”

    She noted that the stage-specific survival rates of various cancers show that the survival rate will be higher if a patient has the cancer detected at an early stage followed by early treatment.

    “In Hong Kong, most patients with early-stage cancers have a five-year relative survival rate reaching 90% or higher. The ratio of surviving for more than five years for those with certain early-stage cancers, such as female breast, prostate and thyroid cancers, is comparable to that of the general population.”

    The committee also reviewed and discussed various work on cancer prevention and control.

    In this respect, the Department of Health has been promoting to the public a healthy lifestyle as the primary strategy for cancer prevention.

    Primary prevention, ie reducing exposure to cancer risk factors, is the most important strategy for reducing the risk of developing cancer. The Government has long been adopting a multipronged approach, including publicity, education, promotion, legislation and regulation, to encourage citizens to lead a healthy lifestyle to reduce the risks of contracting non-communicable diseases including cancer.

    For screening, the department has implemented the Cervical Screening Programme, the Colorectal Cancer Screening Programme and the Breast Cancer Screening Pilot Programme.

    It highlighted that most of the cancer cases identified through various screening programmes are at earlier stages, leading to a more favourable prognosis, therefore, the Government will explore the use of artificial intelligence to assist lung cancer screening and implement hepatitis B screening to prevent liver cancer. Details will be announced in due course.

    MIL OSI Asia Pacific News –

  • MIL-OSI: Crypto Exchange BexBack Offers 100x Leverage, No KYC, and Up to 10 BTC Bonus for New Users

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 03, 2025 (GLOBE NEWSWIRE) — BexBack, a rising star in the crypto derivatives industry, today announced the official launch of its global crypto futures trading platform. The exchange offers up to 100x leverage, a 100% deposit bonus, and no KYC requirement, giving users around the world unprecedented access to fast, private, and flexible crypto trading.

    What Is 100x Leverage and How Does It Work?

    Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:

    Suppose the Bitcoin price is $100,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.

    One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

    BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.

    Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.

    How Does the 100% Deposit Bonus Work?
    The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.

    Built for traders of all levels, BexBack supports over 50 major crypto contracts, including BTC, ETH, XRP, SOL, and ADA. With zero spreads, no slippage, and lightning-fast execution, it delivers an institutional-grade trading experience optimized for speed and precision.

    “Our mission is to empower traders — without the limitations imposed by traditional platforms,” said David, Operations Director at BexBack. “From high leverage to fast onboarding, we remove the friction and put powerful tools in the hands of every user.”

    Double Bonus for New Users

    New users who deposit at least 0.001 BTC or 100 USDT are eligible for a 100% deposit bonus. After completing their first trade (open and close a position), users can request the $50 welcome trading bonus by emailing support@bexback.com. Once verified, the bonus will be credited to their USDT-M futures account within 24 hours.

    This $50 bonus can be used to open leveraged positions or offset potential losses, giving new traders a practical edge in volatile markets.

    Key Highlights of BexBack:

    • Up to 100x leverage on 50+ crypto contracts
    • Zero spread and no slippage execution
    • No KYC required for trading
    • Mobile and desktop friendly interface
    • Funding fee charged only once per day
    • Supports BTC, USDT, ETH, XRP, ADA, SOL and more

    BexBack has rapidly gained traction, with over 500,000 users from 200+ countries and regions. The company is registered with the U.S. FinCEN as a Money Services Business (MSB), and headquartered in Singapore with support offices in Hong Kong and other regions.

    About BexBack

    BexBack is a next-generation crypto futures trading platform that offers up to 100x leverage, deep liquidity, zero KYC onboarding, and exclusive deposit bonuses. Focused on speed, security, and user empowerment, BexBack is committed to providing a high-performance experience for traders worldwide.

    Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/587023cc-a549-4169-93e6-497f920fbe52

    https://www.globenewswire.com/NewsRoom/AttachmentNg/27e2a3c6-8195-4664-a32e-03d63cfc1161

    https://www.globenewswire.com/NewsRoom/AttachmentNg/c676118c-e7a3-46de-adb3-04e387bf81b7

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3311d6e2-ff0d-4107-9893-bf1883a2b2ef

    https://www.globenewswire.com/NewsRoom/AttachmentNg/64fef48b-6d50-42f5-a453-604aa1733714

    The MIL Network –

  • India to build first-ever Polar Research Vessel as GRSE signs MoU with Norway’s Kongsberg

    Source: Government of India

    Source: Government of India (4)

    In a major milestone for India’s maritime sector, the Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal, witnessed the signing of a Memorandum of Understanding (MoU) between Kolkata-based Garden Reach Shipbuilders and Engineers Limited (GRSE) and Norwegian firm Kongsberg, marking the beginning of India’s journey to build its first-ever Polar Research Vessel (PRV).

    The MoU was signed during Sonowal’s official visit to Norway as part of the Nor-Shipping 2025 event, highlighting India’s commitment to advancing oceanic and polar research capabilities while strengthening its indigenous shipbuilding industry under the ‘Make in India’ initiative.

    “Let this MoU be a beacon of hope and progress,” said Sonowal at the signing ceremony. “Together, we are building not just a vessel but a legacy of innovation, exploration, and international cooperation. Under the leadership of Prime Minister Shri Narendra Modi ji, this vessel represents a leap in India’s capabilities in ocean research and climate action.”

    The PRV will be developed with design expertise from Kongsberg and constructed by GRSE in Kolkata. It will cater to the requirements of the National Centre for Polar and Ocean Research (NCPOR), enabling scientific exploration in the polar and Southern Ocean regions. Equipped with state-of-the-art scientific instruments, the vessel will support marine research, ecosystem studies, and contribute to global climate change efforts.

    GRSE’s extensive experience in building complex maritime platforms such as warships and research vessels positions it as a natural choice for this pioneering project. The initiative is expected to enhance India’s strategic autonomy in the polar research domain and bolster the country’s maritime R&D capacity.

    While in Norway, Sonowal also participated in a high-level ministerial panel on “Shipping and Ocean Business,” where he presented India’s expanded maritime strategy—MAHASAGAR (Mutual and Holistic Advancement for Security Across the Regions)—an upgrade from the earlier SAGAR initiative..

    Sonowal emphasized the government’s ambitious Sagarmala 2.0 programme, which focuses on infrastructure modernization, shipbuilding, recycling, and logistics to position India as a global maritime hub.

    The Union Minister also held a roundtable with the Norwegian Shipowners’ Association (NSA), inviting increased investment in India’s maritime sector. Speaking alongside NSA President Harald Fotland, Sonowal underscored the shared values of sustainability and innovation between the two nations.

    India’s shipyards currently handle 11% of NSA’s global order book. Sonowal called for further expansion of these orders and encouraged recruitment from India’s seafaring workforce—ranked second in NSA’s fleet.

    He highlighted investment opportunities under the $2.9 billion Maritime Development Fund and the Sagarmala initiative, and called for collaboration in green shipping, digital innovation through platforms like ONOP and MAITRI, and sustainable ship recycling. Notably, 87% of India’s ship recycling yards are now Hong Kong Convention (HKC) compliant.

  • MIL-OSI United Kingdom: expert reaction to unpublished conference abstract in which scientists propose a new approach for classifying processed foods

    Source: United Kingdom – Executive Government & Departments

    A conference abstract presented at the annual conference of the American Society for Nutrition looks at a new approach for classifying processed foods. 

    Prof Martin Warren, Chief Scientific Officer and Group Leader, the Quadram Institute, said:

    “Refining the definition of processed food is key to improving scientific precision as the current NOVA categories, especially “ultra-processed foods” (UPFs), are too broad and vague, grouping diverse foods together based on processing techniques rather than nutritional composition or health outcomes.  Clearly, more precise definitions would allow for more appropriate research on diet and health outcomes.

    “This also has implications for policy and regulation, as governments and organizations use NOVA to shape food labelling laws as well as dietary guidelines.

    “Currently, there is a mismatch with nutrient profiling with some foods classified as UPFs being nutritionally adequate or even beneficial (e.g., some plant-based alternatives, fortified foods).  A refined system could integrate both processing level and nutritional quality, enabling more balanced assessments.

    “It’s difficult to tell about the quality of this abstract without more detailed analysis of the paper – but the general description and approach seems logical and robust.

    “A step in the right direction but there is a lot of work to do with encouraging people to address the need to adopt the five-a-day recommendation, which has such clear health benefits.”

    Prof Eileen Gibney, Professor in the School of Agriculture and Food Science, University College Dublin (UCD), said:

    “This is an interesting piece of work.

    “It attempts to address some of the criticisms of the current dialogue around the topic of ultra processed foods.  As the authors state some of the issues raised in relation to the current definitions used in the UPF discussion is that you can have two distinctly different foods – a sweet or ‘candy’ bar (e.g. chocolates / sweets) in the same category as a fortified sugar-free whole grain breakfast cereal.  This makes it complicated to use the concept of UPF in nutritional guidance, and nutritional advice.  You can’t ask individuals to simply remove all UPF from a diet, as this leaves little choice for the consumer, and would be incredibly hard for people to follow.  What we need to do is to understand which processed foods to minimise, and those that are in fact beneficial in a diet.

    “The work presented here looks more closely at the ingredients, determining which are processed and not, as well as their known impact on health, it then considers how much added sugar the food contains, and how the combined ingredients impact on health, penalising foods with ingredients which have evidence for increased risk of disease.

    “Essentially this scoring system aims to consider the level of processing (by considering the ingredients within the foods), but also considers evidence that links those ingredients with health outcomes.  This more nuanced evidenced based approach appears to then discriminate foods that have been processed for benefit (e.g. sugar free fortified breakfast cereal) versus those that do not give any nutritional or health benefit e.g. a chocolate bar.

    “This differentiation is important as it means that we are not simply considering the ‘presence of processing’ in a food, as the existing categorization does, but using an evidence based approach, informed by scientific evidence that demonstrates if a processing step, and/or ingredient actually impacts health.  Evidence based approaches to the provision of nutritional advice is really important, and underpins our approach to public health.  It will be important that this scoring system is updated as and when new evidence is available.”

    Prof Helen Roche, Full Professor of Nutrigenomics (Nutrition and ‘Omics’), Director Of Academic Centre – Conway Institute School of Public Health, Physiotherapy and Sports Science, University College Dublin (UCD), said:

    “It is an example of nice research which advances the ways we can enhance and improve classification of healthy versus unhealthy foods, based on sound, systematic science, to better inform the consumer.  It is very difficult to distinguish processed from non-processed food and their potential impact on health.  Take for example lasagne, if you make it yourself at home versus a highly processed version, which by virtue of inferior ingredients and extensive food processing – the end products are very different in terms of nutritional quality.  The new classification system proposed WISEcode UPF has the potential to more accurately classify processed versus non-processed foods – which when presented in an app might help support consumers choice towards more healthy food options.”

    Prof Alexandra Johnstone, Theme Lead for Nutrition, Obesity and Disease, Rowett Institute, University of Aberdeen, said:

    “The press release and abstract are very brief and do not allow for this novel research to be assessed for quality or rigor.  The experienced US-based research group present a novel scoring system to classify foods and ingredients according to processing and evidence of impact on health, in comparison to the existing NOVA scale which is commonly used to classify UPF.  There is very limited description on the validation of the tool and no perspective on limitations of the dataset.  For example, this is being presented at a US nutrition meeting and the trademark terms look to be only relevant for the US food system; it is not clear if this is transferrable in other countries.  Prior to a peer-review publication, it is difficult to comment further on the translation of the data.”

    Dr Amanda Avery, Associate Professor in Nutrition and Dietetics, University of Nottingham, said:

    “The NOVA system for classifying foods as ultra-processed or not has served us well since it was first introduced in 2009.  But it is time to look for an update given that we know that not all ultra-processed foods are equal and some can contribute to a healthy diet.  Also given the ever-increasing number of manufactured food products and increasing level of processing.

    “It is unsurprising that AI has been used to create an app with a scoring system using an assessment of ingredients weighted based on current scientific knowledge of the associated health risks, the percentage of calories that come from added sugars, and considerations for ingredients with known health concerns (such as high fructose corn syrup, artificial sweeteners, and salt).  Without further information, one assumes that there is also consideration of the positive health benefits of wholegrains providing dietary fibre.

    “This scoring system was applied to a large number of foods and many different food ingredients were considered.  The USA-based scientists found that the proposed scoring system was better able to differentiate between foods classified as ultra-processed compared to using the NOVA criteria.  As one would expect, and hope, there was less differentiation between those foods that are minimally processed.

    “It is unlikely that there will ever be a perfect system that accounts for all the nuances that weigh up the risks and benefits of processed food and health.  Food manufacturers continue to process food to develop products that are safe and appealing without always considering the wider health impact and of course the health impact is very dependent on how often and how many ultra-processed foods are included in an individual diet.  If included occasionally as part of an overall healthy and nutritionally balanced diet, the health risks will be considerably reduced.

    “Sadly, whilst such an app may be able to influence healthier food choices, people’s food choices are influenced by a number of factors.  Having a greater awareness of the level of processing and ingredients included in a product may not influence choice for everyone.  Price for many has a huge influence on the food choices they make, and sadly ultra-processed foods often remain the cheaper option.  One exception is that instore brands can often have a better nutritional profile compared to the equivalent branded product and such technology may provide consumers with a greater awareness of this – which is great.

    “The abstract being presented is very much describing the development of the app.  There does not seem to be any robust evaluation of the use of the app that demonstrates conclusive evidence of the value of the app in improving consumer food choice or the wider health benefits.  It would also be good to know if the ability for consumers to be able to compare similar products changes food manufacturing practices to reduce the level of processing and use of artificial ingredients.

    “The app has been developed in the USA and whilst a large number of foods and ingredients have been used as part of the development, there are differences in the foods that are available in the UK.”

    Abstract title: ‘Ultra-Processed Foods Are Not All Alike: A Novel, Objective Approach to Differentiate Among Processed Foods Including Those Classified As NOVA 4’ by Richard Black et al.  It will be presented at the NUTRITION 2025 conference, and is under embargo until 15:00 UK time on Tuesday 3 June 2025.

    There is no paper.

    Declared interests

    Prof Martin Warren: “The Quadram Institute is a UK science national capability strategically supported by the Biotechnology and Biological Sciences Research Council, and also receives funding from other government agencies, national and international charities, and limited funding from industry (six per cent of total funding in 2022/23 came from industry).

    Martin’s not got any interests to declare.”

    Prof Eileen Gibney: “Eileen R. Gibney is a Professor of Nutrition in University College Dublin, and Director of the UCD Institute of Food and Health.  Over the last 5 years she has received research funding through the following; Enterprise Ireland for Technology Centre – Food for Health Ireland (www.fhi.ie) project, co-funded with core partners Carbery, Kerry, Tirlan, Dairygold & Bord Bia; Research Ireland for the Insight Centre for Data Analytics and Co-Centre for Sustainable Food Systems; Horizon Europe most recently in projects such as FNSCloud, PLANEAT and MarieCurie CareerFIT; PhD studentship funding from Société des Produits Nestlé, Switzerland; UCD Foundation and McCarrick Family has provided funding for PhD studentship.

    A travel bursary including Registration, Accommodation and Honorarium for attendance and speaking at the Nestle International Nutrition Symposium 2025, was provided by Société des Produits Nestlé, Switzerland.

    Eileen R Gibney has completed consultancy work for the following; Société des Produits Nestlé, Switzerland; Irish Advertising Standards Agency, Food Safety Authority of Ireland.  No personal payment was received, all payments were made into a research fund through Consult UCD.”

    Prof Helen Roche: “I have no conflict of interest with respect to the study I commented on.”

    Prof Alexandra Johnstone: “AJ holds voluntary roles within the UK Nutrition Society, Association for the Study of Obesity and British Nutrition Foundation.

    FIO Food Grant

    https://www.abdn.ac.uk/rowett/research/fio-food/

    DIO Food Grant

    https://www.abdn.ac.uk/rowett/research/dio-food/.”

    Dr Amanda Avery: “Besides my academic position at the University of Nottingham, I also hold a position at Slimming World as Consultant dietitian in the Nutrition, Research & Health Policy team. 

    I have no other conflicts of interest to declare.”

    MIL OSI United Kingdom –

  • MIL-OSI: WISeKey’s WISeSat Confirms Next Satellite Launch Scheduled for Mid-June from California to Advance Quantum-Safe Space Communications

    Source: GlobeNewswire (MIL-OSI)

    WISeKey’s WISeSat Confirms Next Satellite Launch Scheduled for Mid-June from California to Advance Quantum-Safe Space Communications

    • By 2027, WISeSat.Space aims to establish a large constellation of satellites, incorporating WISeKey cryptographic keys and PQC semiconductor technology from SEALSQ, to ensure robust, quantum-resistant communication capabilities from space.
    • The WISeSat satellite constellation aims to accelerate the deployment of its satellite constellation, scale QKD capabilities, and enable a scalable “Satellite-as-a-Service” business model that integrates decentralized IoT transactions and post-quantum secure communications

    Geneva, Switzerland, June 3, 2025 –WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, via its subsidiaries, WISeSat.Space SA (“WISeSat”) and SEALSQ Corp (NASDAQ: LAES) (“SEALSQ” or “Company”), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, and today announced the upcoming launch of WISeSat 3.0, scheduled for second week of June 2025, marking the first satellite to embed SEALSQ’s Quantum RootKey. This mission initiates a new era of quantum-safe space communications, establishing a space-based Proof-of-Concept for Post-Quantum Key Distribution (QKD) designed to secure global data infrastructure against emerging quantum threats.

    This next-generation satellite platform will support cryptographic key generation and management both in orbit and at mission control. It ensures encryption, authentication, and validation of software and data using NIST-standardized post-quantum algorithms, including CRYSTALS-Kyber and CRYSTALS-Dilithium, selected in August 2024.

    At the heart of WISeSat 3.0 lies the Quantum RootKey, a hardware-based root-of-trust module developed by SEALSQ to resist both classical and quantum cyberattacks. By isolating cryptographic operations within a tamper-resistant environment directly on the satellite, RootKey protects key storage, signing, and encryption processes. It enables end-to-end secure communications and digital identity services, even under the computing power of future quantum machines.

    The satellite will deliver several key capabilities: secure command authentication to prevent unauthorized satellite control, encryption of sensitive data such as Earth observation, defense telemetry, and scientific research, and post-quantum key distribution for critical infrastructure sectors such as energy, transportation, and smart cities. It also allows for the secure onboarding of billions of IoT devices by providing quantum-resistant digital identities from space, even in remote or disconnected regions.

    WISeSat has gradually embedded technologies from WISeKey, SEALSQ, and Hedera into its satellite operations, allowing these next-generation satellites to become a benchmark for post-quantum security from space. This advanced integration also supports the use of trusted digital tokens such as SEALCOIN, opening new frontiers in secure space-to-ground transactions and tokenized satellite-based services.

    WISeSat.Space has also established key infrastructure, including a satellite antenna in La Línea, Spain, with plans to install another in Switzerland. These installations will enhance the monitoring and management of the growing satellite constellation, ensuring optimal performance and secure operations. By 2027, WISeSat.Space aims to establish a large constellation of satellites, incorporating WISeKey cryptographic keys and PQC semiconductor technology from SEALSQ, to ensure robust, quantum-resistant communication capabilities from space.

    As quantum computing advances, the risk of key extraction, spoofing, and eavesdropping on satellite networks becomes increasingly urgent. SEALSQ’s Post-Quantum RootKey architecture provides robust, real-time defenses, including secure key isolation, signature validation, and quantum-resilient encryption, ensuring any attempt to intercept or tamper with quantum key exchanges is immediately detectable.

    In parallel, WISeSat’s multi-layered quantum-secure platform is designed to leverage the unique properties of space, including microgravity, to enable scientific breakthroughs impossible on Earth. This includes quantum sensing for unspoofable positioning, navigation, and timing (PNT), secure deep-space exploration, and in-orbit manufacturing of quantum components in pristine, interference-free environments.

    These advancements position WISeSat 3.0 to play a strategic role in enabling a sovereign, resilient, and secure digital infrastructure at a time of rising geopolitical and cybersecurity tensions. The mission underscores Europe and its allies’ commitment to space sovereignty and secure digital transformation.

    Together, WISeSat and SEALSQ are setting the foundation for a new generation of cyber-resilient, quantum-ready space systems, redefining global digital trust from orbit.

    About WISeKey

    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

    Disclaimer
    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and Investor Contacts

    WISeKey International Holding Ltd
    Company Contact: Carlos Moreira
    Chairman & CEO
    Tel: +41 22 594 3000
    info@wisekey.com     		 WISeKey Investor Relations (US) 
    The Equity Group Inc.
    Lena Cati
    Tel: +1 212 836-9611
    lcati@theequitygroup.com

    The MIL Network –

  • MIL-OSI: Sustain SoCal to Host 12th Annual Driving Mobility Symposium on June 26, 2025

    Source: GlobeNewswire (MIL-OSI)

    NEWPORT BEACH, Calif., June 03, 2025 (GLOBE NEWSWIRE) — via InvestorWire — Sustain Southern California (“Sustain SoCal”), today announces that it will host the 12th Annual Driving Mobility Symposium (“Driving Mobility 12″) on Thursday, June 26, 2025. The event will be held in person at UCI Beall Applied Innovation, 5270 California Avenue, Irvine, CA.

    Driving Mobility 12 is the latest edition in the premier event series focusing on evolving trends in mobility and advanced transportation. The in-person symposium and extensive clean vehicle EXPO will attract renowned thought leaders and experts from across the state and broader region, to advance the discourse on sustainability and economics in the Southern California region.

    Invited speakers shall share their perspectives on a variety of aspects related to the transition towards green transportation in both the private and public spheres. Discussions will delve into autonomous vehicles, EV battery recycling, vehicle-to-grid, fuel cell vehicles, and micro-transport.

    Highly engaging and enlightening sessions will enable attendees to fine-tune their understanding of the broader industry landscape; build a deeper appreciation for the geopolitical, consumer, and environmental factors at play; explore collaborative opportunities with industry peers; and learn industry best practices and innovative strategies to address prevailing challenges.

    Key topics of interest shall include EV & Fuel Cell Infrastructure, Fleet Management, OEM Trends, Vehicle to Grid, Autonomous Vehicles, Mobility as a Service (MAAS), Multimodal Transportation, Last Mile Delivery Efficiency, Drone Applications, Workforce Shifts, Active Transportation, Policy Trends, and Legislation & Incentives.

    The EXPO will offer industry professionals and student attendees a unique opportunity to interact with cutting-edge technologies in the mobility decarbonization space and associated industries.

    With C-suite leaders and senior management available on the EXPO floor, attendees are encouraged to take advantage of the high-powered networking opportunities available to them and build stronger relationships with fellow professionals to expand their industry networks.

    C. Scott Kitcher, President and CEO of Sustain SoCal, commented,“Now in its 12th edition, the Driving Mobility series has been an important pillar of the mobility ecosystem in Southern California and surrounding regions. At Sustain SoCal, we are committed to nurturing academic and industry cross-networks and collaboration, as well as advancing the discussion related to sustainable economic development among a highly curious and knowledgeable audience. The high-quality EXPO shall offer deep insights into the latest technological advancements, making this a must-attend event.”

    Previous speakers at Sustain SoCal events have included representatives from local government bodies, utilities, and technology companies, as well as large corporate adopters, seasoned investors, and non-profit agencies.

    For more information and registration details, visit: https://sustainsocal.org/event/driving-mobility-12/

    About Sustain SoCal:
    Sustain SoCal, a non-profit organization, accelerates sustainability and economic growth through innovation, collaboration and education in Southern California. The organization has a ten-year history in exploring and implementing pragmatic, real-world solutions to the challenges created by growth, change and inefficiency. It conducts conferences, workshops and networking events that lead to initiatives that positively impact our region’s economic progress and sustainability. For more information, please visit www.sustainsocal.org.

    About IBN

    IBN consists of financial brands introduced to the investment public over the course of 18+ years. With IBN, we have amassed a collective audience of millions of social media followers. These distinctive investor brands aim to fulfill the unique needs of a growing base of client-partners. IBN will continue to expand our branded network of highly influential properties, leveraging the knowledge and energy of specialized teams of experts to serve our increasingly diversified list of clients.

    Through our Dynamic Brand Portfolio (DBP), IBN provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) Press Release Enhancement to ensure maximum impact; (4) full-scale distribution to a growing social media audience; (5) a full array of corporate communications solutions; and (6) total news coverage solutions.

    For more information, please visit https://www.InvestorBrandNetwork.com

    Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer

    Corporate Communications

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    The MIL Network –

  • MIL-OSI USA: NSF announces new NextG wireless funding opportunity

    Source: US Government research organizations

    The NSF VINES program will invest up to $100 million in advanced wireless communications networks

    The U.S. National Science Foundation today announced a new funding opportunity to support research and technology development that will improve the next generation of wireless communication systems known as NextG.     In collaboration with industry, other government agencies, and international partners, the NSF Verticals-enabling Intelligent NEtwork  Systems (NSF VINES) program will invest up to $100 million to accelerate performance and capabilities of next-generation (NextG) advanced intelligent network systems  spanning the user-edge-core-cloud continuum. 

    “NSF VINES will enhance U.S. competitiveness in advanced telecommunications technologies, including NextG wireless telecommunications and emerging potential NextG vertical industries, and prepare the American workforce for jobs available now and in the future,” said Brian Stone, performing the duties of the NSF Director.

    “This important investment from NSF, in collaboration with industry and other government agencies, will help strengthen U.S. leadership and ensure the American people reap the benefits in areas such as self-driving cars, advanced manufacturing, energy infrastructure, and beyond,” said Dr. Lynne Parker, Principal Deputy Director of The White House Office of Science and Technology Policy. 

    NSF VINES is in partnership with several major industry organizations and U.S. federal agencies, including Ericsson, Intel, Qualcomm, the U.S. Department of Homeland Security, U.S. Department of Defense Office of the Under Secretary for Research and Engineering, and U.S. Department of Commerce National Institute of Standards and Technology, as well as international partners from Finland, India, Japan and Sweden. 

    NSF VINES will invest in both use-inspired basic research (Track 1) as well as technological innovations that enable vertical applications, including piloting, prototyping and demonstration of high technology-readiness level solutions (Track 2). By collaborating with industry and international partners, the program will ensure U.S.-led technological advancements drive NextG global telecommunication networks as well as emerging “vertical industries” such as connected autonomous vehicles, advanced manufacturing, precision agriculture, disaster response, remote healthcare, critical infrastructure, and smart grids, among others. NSF will fund research teams spanning multiple fields to achieve the program goals. 

     Partnering with international organizations will also bring complementary expertise and resources that will accelerate the program’s impact on the development of global standards and interoperability. These collaborations will ensure that solutions address worldwide market and economic needs. 

    In addition, NSF VINES will support research and technology development that leverage other emerging technologies to advance NextG telecommunications networks. For example, artificial intelligence, machine learning and quantum communications will be deeply embedded in NextG networks, potentially transforming how they are designed, managed and utilized.

    NSF VINES offers two tracks:

    • Track 1 (Use-inspired Fundamental Research) will invest in activities focused on use-inspired fundamental research to develop novel networking techniques and solutions; and
    • Track 2 (Verticals-Driven Technology Development, Demonstration and Translation) will invest in activities focused on technology development, maturation, demonstration, integration and translation of solutions with higher technology readiness levels, with the goal of producing adoption-ready technologies.

    More information about VINES

    MIL OSI USA News –

  • MIL-OSI Global: We asked over 8,700 people in 6 countries to think about future generations in decision-making, and this is what we found

    Source: The Conversation – USA – By Stylianos Syropoulos, Assistant Professor of Psychology, Arizona State University

    Shifting the public’s perspective toward greater concern for future generations could result in more support for climate change policies, among others. Artur Debat/Moment via Getty Images

    People often prioritize the well-being of family, friends and neighbors, as they feel a closeness emotionally and share the same temporal context. But they overlook how people born decades or centuries from now may suffer as a result of today’s failures to address major global risks such as climate change, future pandemics and unregulated artificial intelligence.

    Our new research, published in the British Journal of Social Psychology, shows that brief, low-cost psychological interventions can help individuals adopt a more expansive moral perspective to include future generations.

    We conducted three online studies with over 8,700 participants to examine whether prompting people to consider the long-term consequences of their actions could shift moral priorities beyond the present.

    In one of two interventions, participants imagined themselves serving on a government committee responsible for protecting future generations. Their task was to ensure that new legislation accounted not only for immediate needs but also for long-term impacts; they were asked to write a speech communicating these goals to the American public. This exercise highlighted institutional responsibility and the role of collective action across time.

    In the second intervention, participants engaged with a more personal thought experiment adapted from philosopher William MacAskill’s book “What We Owe the Future,” which explores our moral responsibility toward humanity’s long-term future.

    The impact of actions over time.

    Here, they read a scenario about a hiker who comes across broken glass on a remote trail – glass that may one day injure an unknown child. Should the hiker clean it up, even though no one is watching and the child may not appear for decades? After reflecting on this story, participants were asked to write about what they themselves could do to help make the future better for others.

    Moral concern for both intervention and control participants was assessed using the Moral Expansiveness Scale. We asked participants to rate how much moral concern they felt for a wide range of issues. These included concern for future generations, alongside family and friends, strangers, marginalized groups such as LGBTQ+ people, animals and the natural environment.

    Why it matters

    Although these exercises differed, one emphasizing collective responsibility and the other individual, both led to the same outcome: Participants randomly assigned to an intervention condition expressed significantly greater moral concern for future generations than those assigned to a control condition who completed neither exercise.

    This effect held across cultural contexts and across six diverse countries – the U.S., Argentina, South Africa, the Philippines, the U.K. and Australia – and persisted even when participants were required to make trade-offs in a zero-sum version of the Moral Expansiveness Scale. In this version of the task, they distributed a fixed number of “moral concern points” across competing groups, compelling them to weigh the moral importance of future generations against that of present-day entities like family members, strangers, nature and others.

    What’s especially intriguing, however, is that the elevated concern for future generations among intervention participants did not come at the expense of concern for other socially distant entities or those viewed as marginalized.

    What changed was how participants prioritized their moral concern: They placed slightly less emphasis on family and friends – groups that people typically prioritize most, even when they may be least in need of moral protection.

    In contrast, concern increased for distant others, both living today and in the future.

    What’s next

    This perspective, encouraged by the interventions, could perhaps help lay the groundwork for more durable public support for addressing long-term challenges.

    In future work, we hope to explore whether these interventions can inspire real-world action. This could include increased support for climate policies, voting for leaders who prioritize long-term investments like sustainable infrastructure and pandemic preparedness, or donating to causes that benefit future generations.

    But how might these interventions be integrated into everyday life? One promising approach is to embed them into settings where such reflections already occur, such as schools, civic education programs or public awareness campaigns.

    To assess their real-world potential, we plan to examine the durability of these effects. We want to see whether deploying them in such contexts can meaningfully inspire long-term shifts in attitudes and – importantly – behavior.

    For example, brief storytelling exercises or classroom role-plays, like imagining oneself as a future-focused policymaker, could be incorporated into high school or college curricula to shape students’ values, goals and even career trajectories. Similarly, community workshops, online media or social campaigns could adapt these scenarios to foster long-term thinking in broader populations.

    When people reflect on how their actions today shape the future, they may be more likely to back solutions to present-day issues like poverty and inequality, knowing these problems can have ripple effects for generations to come. They may also become more motivated to confront emerging risks, such as unregulated artificial intelligence or future pandemics, before those risks escalate.

    The Research Brief is a short take on interesting academic work.

    The research relevant to this article was funded by the John Templeton Foundation and APA Division 48.

    The research relevant to this article was funded by the John Templeton Foundation and APA Division 48.

    – ref. We asked over 8,700 people in 6 countries to think about future generations in decision-making, and this is what we found – https://theconversation.com/we-asked-over-8-700-people-in-6-countries-to-think-about-future-generations-in-decision-making-and-this-is-what-we-found-256767

    MIL OSI – Global Reports –

  • MIL-OSI Global: Is methylene blue really a brain booster? A pharmacologist explains the science

    Source: The Conversation – USA – By Lorne J. Hofseth, Professor and Associate Dean for Research, College of Pharmacy, University of South Carolina

    This vibrantly colored chemical was originally created for use as a fabric dye. Kittisak Kaewchalun via iStock/Getty Images Plus

    The internet is abuzz with tributes to a liquid chemical called methylene blue that is being sold as a health supplement.

    Over the past five or 10 years, methylene blue has come to be touted online as a so-called nootropic agent – a substance that enhances cognitive function. Vendors claim that it amps up brain energy, improves memory, boosts focus and dispels brain fog, among other supposed benefits.

    Health influencers, such as podcaster Joe Rogan, have sung its praises. In February 2025, shortly before he was confirmed as health and human services secretary, Robert F. Kennedy Jr. appeared in a video squirting a blue liquid widely presumed to be methylene blue into a glass – though he never verbally endorsed the substance.

    As a researcher studying inflammation and cancer, I investigate how dyes affect human health. Claims about methylene blue are alluring, and it’s easy to buy into its promise. But so far, evidence supporting its health benefits is scant, and there are some serious risks to using the substance outside of medical practice.

    What is methylene blue?

    Methylene blue was first synthesized in the 19th century by scientists at the German chemical company BASF.
    Museo di Chimica dell’Università di Genova via Wikimedia Commons, CC BY-SA

    Methylene blue is a synthetic dye that exists as a dark green powder and takes on a deep blue color when dissolved in water. My work and that of others suggest that many synthetic dyes widely used in foods and medicines can trigger potentially harmful immune system reactions in the body. But unlike commonly used food dyes – one of which was recently banned by the U.S. Food and Drug Administration – methylene blue is not derived from petroleum, also known as crude oil. Instead, it comes from a different family of dyes, which isn’t thought to have these health concerns.

    Methylene blue was first synthesized in 1876 as a dye for textiles and was valued for its intense color and ability to bind well to fabrics. Soon after, German physician Paul Ehrlich discovered its ability to stain biological tissues and to kill the parasite that causes malaria — making it one of the first synthetic drugs used in medicine.

    The chemical didn’t gain widespread use as a malaria treatment because it was no more effective than quinine, the standard therapy at the time. But in the 1930s, the dye found a new use in testing the safety of raw or unpasteurized milk. If its blue color faded quickly, the milk was contaminated with bacteria, but if it remained blue, the milk was considered relatively clean.

    This safety test now is largely obsolete. But it works thanks to methylene blue’s chemical superpower, which is that its molecules can swap electrons with other molecules, like a tiny battery charger.

    How do doctors use it today?

    That same chemical superpower enables some of methylene blue’s medical uses. Most significantly, doctors use it to treat a rare blood disorder called methemoglobinemia, in which hemoglobin, an iron-rich protein in red blood cells that carries oxygen, takes on a different form that can’t do the job. Methylene blue restores hemoglobin’s function by transferring an electron.

    Doctors also sometimes use methylene blue to treat the effects of carbon monoxide poisoning, septic shock or toxicities from drugs such as chemotherapy. It is also used as a surgical dye to highlight specific tissues such as lymph nodes, or to identify where tissue is leaky and therefore may be damaged.

    How does methylene blue affect the brain?

    Methylene blue can enter the brain by crossing the protective tissue barrier that surrounds it. Researchers have also found that the chemical can protect and support mitochondria, cell structures that are often described as the powerhouses of the cell. Methylene blue may help mitochondria generate energy for cells to use. For these reasons, researchers are studying methylene blue’s effect on the brain.

    So far, most of what’s known about the substance’s effects on the brain comes from studies in rats and in cells grown in a lab dish – not in people. For example, researchers have found that methylene blue may improve learning, boost memory and protect brain cells in rats with a condition that mimics Alzheimer’s disease.

    Studies in rodents have also found that methylene blue can protect the brain from damage from brain injury. Other studies showed that methylene blue is useful in treating ischemic stroke in rats. However, no research to date has examined whether it protects peoples’ brains from traumatic brain injury or stroke.

    A handful of clinical trials have investigated the effects of methylene blue in treating aspects of Alzheimer’s disease in people, but a 2023 review of these trials notes that their results have been mixed and not conclusive. A small study of 26 people found that a single low dose of the chemical boosted memory by about 7% and increased brain activity during thinking tasks. Another study by the same researchers found that methylene blue changed how different parts of the brain connected, though it didn’t improve thinking skills.

    Although some studies in people have shown hints that methylene blue may be beneficial for some brain-related issues, such as pain management and neuropsychiatric disorders, such studies to date have been small. This suggests that while there may be patient circumstances where methylene blue is beneficial, researchers have not yet pinned down what those are.

    Is methylene blue safe?

    Methylene blue is generally safe when used under medical supervision. However, the chemical has some serious risks.

    For one thing, it can interact with widely used medications. Methylene blue inhibits a molecule called monoamine oxidase, whose job is to break down an important brain chemical, serotonin. Many commonly used medications for treating anxiety and depression target serotonin. Taking the supplement along with these medicines can cause a condition called serotonin syndrome, which can lead to agitation, confusion, high fever, rapid heart rate, muscle stiffness and, in severe cases, seizures or even death.

    In people with a rare genetic deficiency of an enzyme called G6PD, methylene blue can cause a dangerous condition in which red blood cells break down too quickly. At high doses, the chemical can also raise blood pressure or cause heart problems. Also, it’s considered unsafe for pregnant or breastfeeding women because it may harm the fetus or baby.

    Overall, while scientists have found hints of some fascinating properties of methylene blue, much larger, longer trials are needed to know if it truly works, what the right dose is and how safe it is over time.

    Lorne J. Hofseth does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Is methylene blue really a brain booster? A pharmacologist explains the science – https://theconversation.com/is-methylene-blue-really-a-brain-booster-a-pharmacologist-explains-the-science-257159

    MIL OSI – Global Reports –

  • MIL-OSI Video: “This is the most exciting thing technologically I’ve seen in my lifetime”. #radiodavos #weforum

    Source: World Economic Forum (video statements)

    Google’s chief economist, Fabien Curto Millet, gives his take on the Outlook and the impact of GenAI, which he calls “the most exciting thing technologically I’ve seen in my lifetime”.

    The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.

    World Economic Forum Website ► http://www.weforum.org/
    Facebook ► https://www.facebook.com/worldeconomicforum/
    YouTube ► https://www.youtube.com/wef
    Instagram ► https://www.instagram.com/worldeconomicforum/ 
    Twitter ► https://twitter.com/wef
    LinkedIn ► https://www.linkedin.com/company/world-economic-forum
    TikTok ► https://www.tiktok.com/@worldeconomicforum
    Flipboard ► https://flipboard.com/@WEF

    #WorldEconomicForum

    https://www.youtube.com/watch?v=hy7v54bXzIY

    MIL OSI Video –

  • MIL-Evening Report: Fiji coup culture and political meddling in media education gets airing

    Pacific Media Watch

    Taieri MP Ingrid Leary reflected on her years in Fiji as a television journalist and media educator at a Fiji Centre function in Auckland celebrating Fourth Estate values and independence at the weekend.

    It was a reunion with former journalism professor David Robie — they had worked together as a team at the University of the South Pacific amid media and political controversy leading up to the George Speight coup in May 2000.

    Leary was the guest speaker at a gathering of human rights activists, development advocates, academics and journalists hosted at the Whānau Community Centre and Hub, the umbrella base for the Fiji Centre and Asia Pacific Media Network.

    She said she was delighted to meet “special people in David’s life” and to be speaking to a diverse group sharing “similar values of courage, freedom of expression, truth and tino rangatiratanga”.

    “I want to start this talanoa on Friday, 19 May 2000 — 13 years almost to the day of the first recognised military coup in Fiji in 1987 — when failed businessman George Speight tore off his balaclava to reveal his identity.

    She pointed out that there had actually been another “coup” 100 years earlier by Ratu Cakobau.

    “Speight had seized Parliament holding the elected government at gunpoint, including the politician mother, Lavinia Padarath, of one of my best friends — Anna Padarath.

    Hostage-taking report
    “Within minutes, the news of the hostage-taking was flashed on Radio Fiji’s 10 am bulletin by a student journalist on secondment there — Tamani Nair. He was a student of David Robie’s.”

    Nair had been dispatched to Parliament to find out what was happening and reported from a cassava patch.

    “Fiji TV was trashed . . . and transmission pulled for 48 hours.

    “The university shut down — including the student radio facilities, and journalism programme website — to avoid a similar fate, but the journalism school was able to keep broadcasting and publishing via a parallel website set up at the University of Technology Sydney.

    “The pictures were harrowing, showing street protests turning violent and the barbaric behaviour of Speight’s henchmen towards dissenters.

    “Thus began three months of heroic journalism by David’s student team — including through a period of martial law that began 10 days later and saw some of the most restrictive levels of censorship ever experienced in the South Pacific.”

    Leary paid tribute to some some of the “brave satire” produced by senior Fiji Times reporters filling paper with “non-news” (such as haircuts, drinking kava) as act of defiance.

    “My friend Anna Padarath returned from doing her masters in law in Australia on a scholarship to be closer to her Mum, whose hostage days within Parliament Grounds stretched into weeks and then months.

    Whanau Community Centre and Hub co-founder Nik Naidu speaking at the Asia Pacific Media Network event at the weekend. Image: Khairiah A. Rahman/APMN

    Invisible consequences
    “Anna would never return to her studies — one of the many invisible consequences of this profoundly destructive era in Fiji’s complex history.

    “Happily, she did go on to carve an incredible career as a women’s rights advocate.”

    “Meanwhile David’s so-called ‘barefoot student journalists’ — who snuck into Parliament the back way by bushtrack — were having their stories read and broadcast globally.

    “And those too shaken to even put their hands to keyboards on Day 1 emerged as journalism leaders who would go on to win prizes for their coverage.”

    Speight was sentenced to life in prison, but was pardoned in 2024.

    Taeri MP Ingrid Leary speaking at the Whānau Community Centre and Hub. Image: Nik Naidu/APMN

    Leary said that was just one chapter in the remarkable career of David Robie who had been an editor, news director, foreign news editor and freelance writer with a number of different agencies and news organisations — including Agence France-Presse, Rand Daily Mail, The Auckland Star, Insight Magazine, and New Outlook Magazine — “a family member to some, friend to many, mentor to most”.

    Reflecting on working with Dr Robie at USP, which she joined as television lecturer from Fiji Television, she said:

    “At the time, being a younger person, I thought he was a little but crazy, because he was communicating with people all around the world when digital media was in its infancy in Fiji, always on email, always getting up on online platforms, and I didn’t appreciate the power of online media at the time.

    “And it was incredible to watch.”

    Ahead of his time
    She said he was an innovator and ahead of his time.

    Dr Robie viewed journalism as a tool for empowerment, aiming to provide communities with the information they needed to make informed decisions.

    “We all know that David has been a champion of social justice and for decolonisation, and for the values of an independent Fourth Estate.”

    She said she appreciated the freedom to develop independent media as an educator, adding that one of her highlights was producing the groundbreaking documentary Maire about Maire Bopp Du Pont, who was a student journalist at USP and advocate for the Pacific community living with HIV/AIDs community.

    She later became a nuclear-free Pacific parliamentarian in Pape’ete.

    Leary presented Dr Robie with a “speaking stick” carved from an apricot tree branch by the husband of a Labour stalwart based in Cromwell — the event doubled as his 80th birthday.

    In response, Dr Robie said the occasion was a “golden opportunity” to thank many people who had encouraged and supported him over many years.

    Massive upheaval
    “We must have done something right,” he said about USP, “because in 2000, the year of George Speight’s coup, our students covered the massive upheaval which made headlines around the world when Mahendra Chaudhry’s Labour-led coalition government was held at gunpoint for 56 days.

    “The students courageously covered the coup with their website Pacific Journalism Online and their newspaper Wansolwara — “One Ocean”.  They won six Ossie Awards – unprecedented for a single university — in Australia that year and a standing ovation.”

    He said there was a video on YouTube of their exploits called Frontline Reporters and one of the students, Christine Gounder, wrote an article for a Commonwealth Press Union magazine entitled, “From trainees to professionals. And all it took was a coup”.

    Dr Robie said this Fiji experience was still one of the most standout experiences he had had as a journalist and educator.

    Along with similar coverage of the 1997 Sandline mercenary crisis by his students at the University of Papua New Guinea.

    He made some comments about the 1985 Rainbow Warrior voyage to Rongelap in the Marshall islands and the subsequent bombing by French secret agents in Auckland.

    But he added “you can read all about this adventure in my new book” being published in a few weeks.

    Taieri MP Ingrid Leary (right) with Dr David Robie and his wife Del Abcede at the Fiji Centre function. Image: Camille Nakhid

    Biggest 21st century crisis
    Dr Robie said the profession of journalism, truth telling and holding power to account, was vitally important to a healthy democracy.

    Although media did not succeed in telling people what to think, it did play a vital role in what to think about. However, the media world was undergoing massive change and fragmentation.

    “And public trust is declining in the face of fake news and disinformation,” he said

    “I think we are at a crossroads in society, both locally and globally. Both journalism and democracy are under an unprecedented threat in my lifetime.

    “When more than 230 journalists can be killed in 19 months in Gaza and there is barely a bleep from the global community, there is something savagely wrong.

    “The Gazan journalists won the UNESCO/Guillermo Cano World Press Freedom Prize collectively last year with the judges saying, “As humanity, we have a huge debt to their courage and commitment to freedom of expression.”

    “The carnage and genocide in Gaza is deeply disturbing, especially the failure of the world to act decisively to stop it. The fact that Israel can kill with impunity at least 54,000 people, mostly women and children, destroy hospitals and starve people to death and crush a people’s right to live is deeply shocking.

    “This is the biggest crisis of the 21st century. We see this relentless slaughter go on livestreamed day after day and yet our media and politicians behave as if this is just ‘normal’. It is shameful, horrendous. Have we lost our humanity?

    “Gaza has been our test. And we have failed.”

    Other speakers included Whānau Hub co-founder Nik Naidu, one of the anti-coup Coalition for Democracy in Fiji (CDF) stalwarts; the Heritage New Zealand’s Antony Phillips; and Multimedia Investments and Evening Report director Selwyn Manning.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI: Micron Ships World’s First 1γ (1-Gamma)-Based LPDDR5X, Enabling Rich Mobile AI Experiences

    Source: GlobeNewswire (MIL-OSI)

    BOISE, Idaho, June 03, 2025 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU), announced today that it is shipping qualification samples of the world’s first 1γ (1-gamma) node-based low-power double data rate 5X (LPDDR5X) memory, designed to accelerate AI applications on flagship smartphones. Delivering the industry’s fastest LPDDR5X speed grade of 10.7 gigabits per second (Gbps), combined with up to a 20% power savings,1 Micron LPDDR5X transforms smartphones with faster, smoother mobile experiences and longer battery life — even when executing data-intensive workloads such as AI-powered translation or image generation.

    To meet the industry’s increasing demand for compact solutions for next-generation smartphone designs, Micron’s engineers have shrunk the LPDDR5X package size to offer the industry’s thinnest package of 0.61 millimeters,2 making it 6% thinner compared to competitive offerings,3 and representing a 14% height reduction from the previous generation.4 The small form factor unlocks more possibilities for smartphone manufacturers to design ultrathin or foldable smartphones.

    “Micron’s 1-gamma node-based LPDDR5X memory is a game-changer for the mobile industry,” said Mark Montierth, corporate vice president and general manager of Micron’s Mobile and Client Business Unit. “This breakthrough technology delivers lightning-fast speeds and remarkable power efficiency — all within the industry’s thinnest LPDDR5X package — paving the way for exciting new smartphone designs. This solution demonstrates our commitment to empowering the ecosystem to create extraordinary mobile experiences.”

    A Media Snippet accompanying this announcement is available by clicking on this link.

    The company’s 1γ-based LPDDR5X enables dramatic leaps in performance for mobile users by enabling faster AI insights. For example, Micron evaluated mobile AI response times from large language model Llama 2, based on 1γ LPDDR5X’s 10.7 Gbps bandwidth compared to 1β (1-beta) LPDDR5X’s 7.5 Gbps bandwidth,5 finding:

    • Responses are 30% faster when asking for location-based restaurant recommendations.
    • Results are more than 50% faster when translating a voice inquiry in English to text in Spanish to ask for directions.
    • Responses can be up to 25% faster when requesting car purchase recommendations based on vehicle type, affordability and certain infotainment and safety features.6

    Now ramping in Micron’s mobile portfolio, Micron’s 1γ-based LPDDR5X is the company’s first mobile solution to leverage advanced EUV lithography — providing customers with early access to the latest performance and power efficiency advancements, based on the industry’s most advanced memory node technology. This milestone builds on Micron’s February sampling of 1γ-based DDR5 memory for next-generation CPUs in the data center and client segments. Micron’s optimized 1γ DRAM node leverages CMOS7 advancements like next-generation high-K metal gate technology for improved transistor performance and incorporates leading-edge EUV lithography for enhanced bit density.

    As energy-intensive mobile AI workloads are increasingly processed on-device rather than only in the cloud, low-power chips are crucial for devices like smartphones, tablets and laptops, which need to conserve power while performing AI computations.

    Micron’s 1γ-based LPDDR5X’s significant 20% power savings will allow mobile users to enjoy their favorite AI applications, games and video content longer on a single charge. In addition, as AI intensifies the need for powerful, energy-efficient compute, data center servers, intelligent vehicles and AI PCs may also increasingly adopt LPDDR5X for its unique blend of optimized power efficiency and high performance.

    Micron is currently sampling 1γ-based LPDDR5X 16 gigabyte (GB) products to select partners and will offer a wide range of capacities from 8GB to 32GB for use in 2026 flagship smartphones.

    Additional Resources

    About Micron Technology, Inc.
    We are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND and NOR memory and storage products through our Micron® Hand Crucial® brands. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence (AI) and compute-intensive applications that unleash opportunities — from the data center to the intelligent edge and across the client and mobile user experience. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit micron.com.

    © 2025 Micron Technology, Inc. All rights reserved. Information, products, and/or specifications are subject to change without notice. Micron, the Micron logo, and all other Micron trademarks are the property of Micron Technology, Inc. All other trademarks are the property of their respective owners.

    __________________________

    1 Compared to Micron’s previous generation LPDDR5X
    2 Package thickness varies based on capacity; 0.61mm thickness for Micron’s 8GB and 16GB 1γ-based LPDDR5X 496-ball packages.
    3 Based on Micron’s competitive market research and intelligence, with competitive offerings measuring at 0.65 mm thick
    4 Based on a thickness of 0.71mm for Micron’s 1β-based LPDDR5X for 16GB
    5 Examples below are based on extrapolation of data from devices using LPDDR5X running at 9.6 Gbps and 7.5 Gbps.
    6 Based on a test asking Llama 2 to recommend 10 SUVs while prioritizing user requirements such as affordability, Apple CarPlay and essential safety features such as emergency braking, blind spot monitoring, parking sensors and all-wheel drive. Recommendations given were within a budget of $23,000 to $37,000.
    7 Complementary metal-oxide semiconductor

    The MIL Network –

  • MIL-OSI: Apollo Capital Warns MediPharm Shareholders Current CEO David Pidduck is Looking for an Exit

    Source: GlobeNewswire (MIL-OSI)

    CEO David Pidduck has Stated Desire to Cash Out at Current Levels

    Pidduck and Current Board Do Not Have Conviction in MediPharm or its Long-Term Value Creation Strategy

    Apollo Capital has a Plan to Increase MediPharm Share Price from $0.07 to Over $1.00 in Three Years, Restoring Medipharm’s Position as a Leading Global Medical Cannabis Company.

    SHAREHOLDERS ARE URGED TO VOTE THE GOLD CARD “FOR” APOLLO CAPITAL’S SIX DIRECTOR NOMINEES AND NOT VOTE MEDIPHARM’s GREEN CARD

    TORONTO, June 03, 2025 (GLOBE NEWSWIRE) —  Apollo Technology Capital Corporation (“Apollo Capital”), one of MediPharm Lab’s largest investors, today warns all Medipharm shareholders that CEO David Pidduck is looking to sell the Company to cash out his shares based on credible information available to the investor. If shareholders support MediPharm’s current slate of directors, shareholders can expect to be heavily diluted while top executives take up to $5M in change in control payments.

    In 2025, a current Board member told Apollo Capital directly that CEO Pidduck was looking to sell the company to trigger his change in control awards. That Board member expressed their concern that the transaction was excessively dilutive and undervalued for shareholders. Since that time, multiple sources have come forward to confirm Pidduck and the current Board’s plans to pursue a transaction which would fire sell Medipharm’s assets at a discount. A sale of MediPharm would only benefit Pidduck and the current Board, not its shareholders.

    Between October 2024 and April 2025, Apollo Capital & Pidduck had multiple negotiations about Apollo Capital’s desire to make an investment in Medipharm in order to bolster its ability to pursue an aggressive growth strategy. In these negotiations, Pidduck was clear that he wants to cash out his shares, which were not bought, but instead granted to him by MediPharm.

    In 2025, a written offer to invest $3.4M in a private placement at the then-current market price with no discount or warrant coverage and to invest an additional nearly $3.5M to acquire shares from CEO Pidduck and President Stachan. As part of the significant cash investment, Apollo Capital would acquire 2 board seats to help guide a strategic growth strategy that the Company still lacks. Apollo Capital’s offer was rejected.

    “Our offer represented a way for MediPharm to capitalize the Company without selling key assets. Our goal was to preserve value for all shareholders. We saw our investment as a critical step towards rebuilding value at MediPharm. If our offer was accepted, we would have avoided a proxy contest and the cash balance would be millions higher than it is today. We would already be well on our way toward achieving our goal of a 10x increase in the stock price,” said Regan McGee, CEO of Apollo Capital.         

    Apollo Capital asks:

    • If Management’s plan is working, why would they want to sell the Company at the current valuation?
    • Why would the CEO want to sell his shares in Medipharm if he believed in its long-term strategy?
    • Where would the share price be today if management had accepted Apollo Capital’s offer, choosing to work with rather than against its largest shareholder in the interest of all shareholders?

    Why We Have Invested:

    Apollo Capital has invested in MediPharm and nominated director candidates to order to drive the urgent change needed to put the Company back on the right path. We see a clear opportunity to revitalize the business, reposition MediPharm as a market leader, and unlock value over the long term, with the potential to increase the share price to over $1.00.

    Apollo Capital’s goal is to build a Company for the long term that creates lasting value for all shareholders. It is NOT to acquire the Company, as MediPharm’s current management has falsely claimed. Since the start of the proxy contest, which management forced at great expense to MediPharm, Apollo Capital has not purchased, sold, shorted, or been involved in any transactions involving the Company’s stock. We are here to be long-term investors and to rebuild MediPharm into a leading medical cannabis company.

    Apollo Capital’s strategic five-pillar plan for MediPharm has been made available in detail at www.curemedipharm.com. With shareholder support, we can turn MediPharm around and transform it into the world’s leading medical cannabis company.

    Apollo Capital urges shareholders to vote for change by voting the GOLD CARD by June 13, 2025. Shareholders are urged NOT to sign or return the green proxy cards sent by the Company.

    Contacts

    For Shareholders:
    Carson Proxy
    North American Toll-Free Phone: 1-800-530-5189
    Local or Text Message: 416-751-2066 (collect calls accepted)
    E: info@carsonproxy.com

    For Media:
    CureMediPharm@gasthalter.com

    Legal Disclosures

    Information in Support of Public Broadcast Exemption under Canadian Law

    The information contained in this press release does not and is not intended to constitute a solicitation of a proxy within the meaning of applicable corporate and securities laws. Shareholders of the Company are not being asked at this time to execute a proxy in favour of Apollo Capital’s director nominees or in respect of any other matter to be acted upon at the Annual Meeting. In connection with the Annual Meeting, Apollo Capital has filed a dissident information circular (the “Circular”) in compliance with applicable corporate and securities laws. Apollo Capital has provided in, or incorporated by reference into, this press release the disclosure required under section 9.2(4) of NI 51-102 – Continuous Disclosure Obligations (“NI 51-102”) and the corresponding exemption under the Business Corporations Act (Ontario), and has filed the preliminary Circular, available under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. The Circular contains disclosure prescribed by applicable corporate law and disclosure required under section 9.2(6) of NI 51-102 in respect of Apollo Capital’s director nominees, in accordance with corporate and securities laws applicable to public broadcast solicitations. The Circular is hereby incorporated by reference into this press release and is available under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. The registered office of the Company is 151 John Street, Barrie, Ontario, Canada L4N 2L1.

    SHAREHOLDERS OF MEDIPHARM ARE URGED TO READ THE CIRCULAR CAREFULLY BECAUSE IT CONTAINS IMPORTANT INFORMATION. Investors and shareholders are able to obtain free copies of the Circular and any amendments or supplements thereto and further proxy circulars at no charge under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. In addition, shareholders are also be able to obtain free copies of the Circular and other relevant documents by contacting Apollo Capital’s proxy solicitor, Carson Proxy Advisors Ltd. (“Carson Proxy”) at 1-800-530-5189, local (collect outside North America): 416-751-2066 or by email at info@carsonproxy.com.

    None of Apollo Capital, any other “dissidents” within the meaning of the Ont. Reg. 62 of the Business Corporations Act (Ontario), or any partner, officer, director and control person of such “dissident”, is requesting that Company shareholders submit a proxy at this time as the Company has yet to issue formal notice of the Annual Meeting and its management information circular. Once formal solicitation of proxies in connection with the Annual Meeting has commenced, proxies may be revoked in accordance with subsection 110(4) of the Business Corporations Act (Ontario) by a registered shareholder of Company shares: (a) by completing and signing a valid proxy bearing a later date and returning it in accordance with the instructions contained in the accompanying form of proxy; (b) by depositing an instrument in writing executed by the shareholder or by the shareholder’s attorney authorized in writing; (c) by transmitting by telephonic or electronic means a revocation that is signed by electronic signature in accordance with applicable law, as the case may be: (i) at the registered office of the Company at any time up to and including the last business day preceding the day the Annual Meeting or any adjournment or postponement of the Annual Meeting is to be held, or (ii) with the chair of the Annual Meeting on the day of the Annual Meeting or any adjournment or postponement of the Annual Meeting; or (d) in any other manner permitted by law. In addition, proxies may be revoked by a non-registered holder of Company shares at any time by written notice to the intermediary in accordance with the instructions given to the non-registered holder by its intermediary. It should be noted that revocation of proxies or voting instructions by a non-registered holder can take several days or even longer to complete and, accordingly, any such revocation should be completed well in advance of the deadline prescribed in the form of proxy or voting instruction form to ensure it is given effect in respect of the Annual Meeting.

    The costs incurred in the preparation and mailing of any circular or proxy solicitation by Apollo Capital and any other participants named herein will be borne directly and indirectly by Apollo Capital. However, to the extent permitted under applicable law, Apollo Capital intends to seek reimbursement from the Company of all expenses incurred in connection with the solicitation of proxies for the election of its director nominees at the Annual Meeting.

    This press release and any solicitation made by Apollo Capital is, or will be, as applicable, made by such parties, and not by or on behalf of the management of the Company. Proxies may be solicited by proxy circular, mail, telephone, email or other electronic means, as well as by newspaper or other media advertising and in person by managers, directors, officers and employees of Apollo Capital who will not be specifically remunerated therefor. In addition, Apollo Capital may solicit proxies by way of public broadcast, including press release, speech or publication and any other manner permitted under applicable Canadian laws, and may engage the services of one or more agents and authorize other persons to assist it in soliciting proxies on their behalf.

    Apollo Capital has entered into an agreement with Carson Proxy Advisors (“Carson Proxy”) for solicitation and advisory services in connection with the solicitation of proxies for the Meeting, for which Carson Proxy will receive a fee not to exceed $250,000, together with reimbursement for reasonable and out-of-pocket expenses. Apollo Capital has also engaged Gasthalter & Co. LP (“G&Co”) to act as communications consultant to provide Apollo Capital with certain communications, public relations and related services, for which G&Co will receive a minimum fee of US$75,000 in addition to a performance fee of US$250,000 in the event that Apollo’s nominees make up a majority of the Board following the Annual Meeting, plus excess fees, related costs and expenses.

    No member of Apollo Capital nor any of their associates or affiliates has or has had any material interest, direct or indirect, in any transaction since the beginning of the Company’s last completed financial year or in any proposed transaction that has materially affected or will or would materially affect the Company or any of the Company’s affiliates. No member of Apollo nor any of their associates or affiliates has any material interest, direct or indirect, by way of beneficial ownership of securities or otherwise, in any matter to be acted upon at the Annual Meeting, other than the election of directors.

    Cautionary Statement Regarding Forward-Looking Statements

    This press release contains forward‐looking statements. All statements contained in this filing that are not clearly historical in nature or that necessarily depend on future events are forward‐looking, and the words “anticipate,” “believe,” “expect,” “estimate,” “plan,” and similar expressions are generally intended to identify forward‐looking statements. These statements are based on current expectations of Apollo and currently available information. They are not guarantees of future performance, involve certain risks and uncertainties that are difficult to predict, and are based upon assumptions as to future events that may not prove to be accurate. All forward-looking statements contained herein are made only as of the date hereof and Apollo disclaims any intention or obligation to update or revise any such forward-looking statements to reflect events or circumstances that subsequently occur, or of which Apollo Capital hereafter becomes aware, except as required by applicable law.

    Hashtags: #ShareholderActivism #CorporateGovernance #InvestorProtection #Investor Alert #Investor Fraud #FinancialRegulation #CorporateCrime #FinancialCrime #HomelandSecurity #DHS #OpioidCrisis #OpioidEpidemic #OpioidLitigation #OpioidVictims #BMO #DEA #ONDCP

    The MIL Network –