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Category: Artificial Intelligence

  • MIL-OSI: Alaris Equity Partners Announces Closing of $80 Million Bought Deal Offering of 6.50% Convertible Unsecured Senior Debentures, and a US$21.5 Million Follow-On Investment in the Shipyard

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION IN THE UNITED STATES.
    FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW

    CALGARY, Alberta, June 02, 2025 (GLOBE NEWSWIRE) — Unless otherwise stated, all numbers in this press release are presented in Canadian dollars. Alaris Equity Partners Income Trust (“Alaris” or the “Trust“) (TSX: AD.UN) is pleased to announce that it has completed its previously announced offering of convertible unsecured senior debentures (“Debentures“) with a syndicate of underwriters (the “Underwriters“) led by National Bank Financial, CIBC Capital Markets and Desjardins Capital Markets, and including Acumen Capital Partners, Raymond James Ltd., RBC Capital Markets, Scotiabank, and Cormark Securities Inc. A total of $80 million aggregate principal amount of Debentures were issued at a price of $1,000 per Debenture (the “Offering“). The Trust has also granted the Underwriters an option to purchase up to an additional $12,000,000 aggregate principal amount of Debentures, on the same terms and conditions, exercisable in whole or in part, from time to time, up to 30 days following the closing of the Offering.

    The Debentures will bear interest at a rate of 6.50% per annum, payable semi-annually in arrears on June 30 and December 31 of each year commencing on December 31, 2025. The first payment will include accrued and unpaid interest for the period from closing to, but excluding, December 31, 2025. The Debentures will mature on June 30, 2030. The Debentures will commence trading today on the Toronto Stock Exchange under the symbol “AD.DB.B”.

    The Trust intends to use the net proceeds of the Offering to partially repay outstanding indebtedness under Alaris’ subsidiary’s senior debt facility which may be subsequently redrawn and used to fund future investments in new Partner (as defined below) investments or general trust purposes.

    The Shipyard Follow-On

    On May 14, 2025, Alaris closed a US$21.5 million follow-on investment into The Shipyard LLC (“The Shipyard“) in exchange for additional preferred equity in The Shipyard, which entitles Alaris to an additional annualized distribution of US$3.01 million (the “Shipyard Distribution“). The Shipyard used the proceeds of the additional investment to fund the purchase price of an acquisition.

    ABOUT ALARIS

    The Trust, through its subsidiaries, invests in a diversified group of private businesses (“Partners“) primarily through structured equity. The primary goal of our structured equity investments is to deliver stable and predictable returns to our unitholders through both cash distributions and capital appreciation. This strategy is enhanced by common equity positions, which allow us to generate returns in alignment with the founders of our Partners.

    This news release is not an offer of securities of Alaris for sale in the United States. The Debentures have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and the Debentures may not be offered or sold in the United States except pursuant to an applicable exemption from such registration. No public offering of securities is being made in the United States. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

    FORWARD LOOKING STATEMENTS

    This news release contains forward-looking statements, including forward-looking statements within the meaning of “safe harbor” provisions under applicable securities laws (“forward-looking statements“). Statements other than statements of historical fact contained in this news release may be forward-looking statements including, without limitation, management’s expectations, intentions and beliefs concerning: the use of proceeds of the Offering, the use of the senior debt facility and the Shipyard Distribution. Many of these statements can be identified by words such as “believe”, “expects”, “will”, “intends”, “projects”, “anticipates”, “estimates”, “continues” or similar words or the negative thereof. There can be no assurance that the plans, intentions or expectations on which these forward-looking statements are based will occur.

    By their nature, forward-looking statements require Alaris to make assumptions and are subject to inherent risks and uncertainties. Key assumptions include, but are not limited to, assumptions that: Alaris will use the net proceeds from the Offering in the manner described herein, that the Debentures will trade on the TSX consistent with as described herein and that Alaris will receive annual distributions from The Shipyard as set forth herein.

    Forward-looking statements are subject to risks, uncertainties and assumptions and should not be read as guarantees or assurances of future performance. The actual results of the Trust and the Partners could materially differ from those anticipated in the forward-looking statements contained herein as a result of certain risk factors, including, but not limited to: the use of proceeds from the Offering in a manner that differs than as set forth herein, the ability of The Shipyard to pay distributions and that the listing of the Debentures will not occur in the timeframes set out herein. Additional risks that may cause actual results to vary from those indicated are discussed under the heading “Risk Factors” and “Forward Looking Statements” in the Trust’s Management Discussion and Analysis for the year ended December 31, 2024, which is filed under the Trust’s profile at www.sedarplus.ca and on its website at www.alarisequitypartners.com.

    Readers are cautioned not to place undue reliance on any forward-looking information contained in this news release as a number of factors could cause actual future results, conditions, actions or events to differ materially from the targets, expectations, estimates or intentions expressed in the forward-looking statements. Statements containing forward-looking information reflect management’s current beliefs and assumptions based on information in its possession on the date of this news release. Although management believes that the assumptions reflected in the forward-looking statements contained herein are reasonable, there can be no assurance that such expectations will prove to be correct.

    The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this news release are made as of the date of this news release and Alaris does not undertake or assume any obligation to update or revise such statements to reflect new events or circumstances except as expressly required by applicable securities legislation.

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

    For further information please contact:

    ir@alarisequity.com
    P: (403) 260-1457
    Alaris Equity Partners Income Trust
    Suite 250, 333 24th Avenue S.W.
    Calgary, Alberta T2S 3E6
    www.alarisequitypartners.com

    The MIL Network –

    June 3, 2025

  • India launches ‘BharatGen’ AI model to revolutionize multilingual innovation at BharatGen Summit

    Source: Government of India

    Source: Government of India (4)

    Union Minister of State (Independent Charge) for Science & Technology, Dr. Jitendra Singh, unveiled ‘BharatGen,’ India’s first indigenously developed, government-funded, multimodal Large Language Model (LLM) designed for Indian languages, at the BharatGen Summit on Monday. Held as India’s largest Generative Artificial Intelligence (AI) and LLM summit and hackathon, the event marked a milestone in India’s journey toward inclusive and ethical AI innovation.

    Developed under the National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS) and led by the TIH Foundation for IoT and IoE at IIT Bombay, BharatGen integrates text, speech, and image modalities to deliver AI solutions in 22 Indian languages. Supported by the Department of Science and Technology (DST), the initiative collaborates with leading academic institutions and innovators to create AI that is “ethical, inclusive, multilingual, and deeply rooted in Indian values and ethos,” as described by Dr. Singh.

    Speaking at the summit, Dr. Singh emphasized BharatGen’s potential to transform sectors like healthcare, education, agriculture, and governance by providing region-specific AI solutions. Highlighting a success story from his constituency, he shared how AI-powered telemedicine, with doctors communicating in patients’ native languages, has revolutionized healthcare in remote villages. “This builds trust and has a placebo-like psychological effect, connecting remote regions with superspeciality hospitals,” he said.

    Dr. Singh aligned BharatGen with Prime Minister Narendra Modi’s vision of “India’s Techade,” emphasizing innovation for inclusion. He cited India’s AI-driven grievance redressal system, CPGRAMS, as a global benchmark studied by several countries. The minister also underscored the role of the Anusandhan National Research Foundation (NRF) in boosting India’s R&D ecosystem and highlighted flagship schemes like PM MUDRA Yojana, PM SVANidhi, and PM Vishwakarma Yojana, which empower micro-entrepreneurs, artisans, and street vendors.

    The National Education Policy (NEP) 2020 was lauded for fostering interdisciplinary learning, enabling students to blend humanities and technology for enhanced employability and innovation. Dr. Singh also celebrated the rise of over 3,000 Agri-tech startups, including lavender cultivation in Jammu & Kashmir, as proof of innovation thriving beyond urban IT hubs.

    The summit saw the launch of the Generative AI Hackathon 2025, aimed at engaging student innovators to solve real-world challenges through AI. BharatGen’s execution involves 25 Technology Innovation Hubs (TIHs), with four upgraded to Technology Translational Research Parks (TTRPs), focusing on technology development, entrepreneurship, human resource development, and international collaboration. A significant MoU exchange ceremony further strengthened ties across government departments and research hubs.

    June 3, 2025

  • MIL-OSI Europe: OSCE and Thailand mark 25 years of partnership with focus on combatting online scams

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: OSCE and Thailand mark 25 years of partnership with focus on combatting online scams

    Ambassador Natasha Meli Daudey of Malta and Ambassador Pattarat Hongtong of Thailand, Vienna, 2 June 2006 (OSCE/Ghada Hazim) Photo details

    The OSCE and the Kingdom of Thailand marked the 25th anniversary of their partnership with a special workshop and a meeting of the OSCE Asian Partners for Co-operation Group, held in Vienna on 30 May and 2 June 2025. Hosted as part of Malta’s Chairpersonship of the OSCE Asian Partners for Co-operation Group, the two events brought together senior government officials, cybercrime and trafficking experts, law enforcement authorities and private sector representatives to address the growing global threat of online scams.
    OSCE participating States and Asian Partners gathered to share experiences and best practices in detecting, investigating, and disrupting digital fraud, as well as identifying the victims of trafficking involved in online scams operations.
    “With its comprehensive approach to security, the OSCE is uniquely positioned to help develop co-ordinated, human-centred responses to this growing challenge,” said Ambassador Natasha Meli Daudey of Malta.
    Discussions addressed the complexity of the scam ecosystem, from blockchain-enabled money laundering to the exploitative methods used by criminal groups. Thailand presented its national strategy, which includes AI-based detection tools, a centralized Anti-Online Scam Operation Center (AOC), and multi-agency co-ordination.
    “Our national experience demonstrates that robust inter-agency co-ordination and strong international partnerships are crucial in dismantling these sophisticated criminal networks,” noted Professor Wisit Wisitsora-at, Permanent Secretary at Thailand’s Ministry of Digital Economy and Society.
    Thai Ambassador Pattarat Hongtong further shared details on the work of the ASEAN Working Group on Anti-Online Scam, which Thailand initiated in February 2024, as a platform for information sharing, capacity building, and co-ordinated enforcement at the regional level.
    Participants also examined ways to bridge policy gaps, enhancing digital and financial literacy to prevent victimization, and promoting public-private partnerships that engage digital platforms and financial actors—including the cryptocurrency sector. Experts called for harmonized regulatory frameworks to mitigate virtual assets risks, enhanced cross-border police and judicial collaboration, and capacity building for criminal justice practitioners.
    With online scams resulting in over $1 trillion in reported global losses in 2023 alone, participants reaffirmed their commitment to collaborative, forward-looking responses that prioritize prevention, victim protection, and international co-operation to tackle an increasingly sophisticated form of transnational crime with high human and financial costs.

    MIL OSI Europe News –

    June 3, 2025

  • MIL-OSI Global: From period pain to heart disease, the gender health gap is real – here’s how to close it

    Source: The Conversation – UK – By Jennifer Bousfield, Senior Analyst, Health and Care Research Group, RAND Europe

    Dragana Gordic/Shutterstock

    For decades, women’s health has been chronically underfunded and under-researched. The consequences of this neglect are widespread and deeply damaging.

    Millions of women live with avoidable pain, delayed diagnoses, inadequate treatments and poor access to care. The ripple effects reach far beyond individual health: they impact families, workplaces and the wider economy.

    In recent years, some progress has been made. In 2022, the UK government launched the first ever women’s health strategy for England, which was a landmark recognition that the health needs of women have been systematically overlooked in research, policy and service design.

    The strategy pledged better support for menopause, increased funding for research, the creation of women’s health hubs, which provide a convenient location for women to access multiple services, such as gynaecology, sexual health, contraception an menopause care. These hubs aim to improve access, enhance experiences, reduce health inequalities for women and improved coordination across NHS services.

    But just two years later, that momentum is at risk of stalling.

    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.

    The government’s wider NHS reform efforts, coupled with cost-cutting, have included the withdrawal of national funding incentives for women’s health hubs. This decision has triggered concern across the health sector.

    These hubs were designed to bring together vital services – from menstrual and menopause support to contraception and fertility care – in one location. They have shown promise in narrowing gender health gaps.

    One of us (Jennifer) was involved in a recent evaluation by Rand Europe and the University of Birmingham, which found that women using the hubs reported overwhelmingly positive experiences, and collaboration between hub leaders and local healthcare services were key to their success. Yet many of these services are now at risk of being dismantled before they’ve had a chance to take root.

    This is not a marginal issue. Women make up 51% of the UK population. Still, for decades, they’ve been underrepresented in clinical research, resulting in diagnostic blind spots and treatments that don’t account for female physiology. Conditions like endometriosis, adenomyosis and heavy menstrual bleeding affect millions but remain understudied and are frequently dismissed.



    Read more:
    Symptoms of androgen excess in women are too often being overlooked – or dismissed as ‘just cosmetic’

    In other cases – such as heart disease and dementia – a lack of gender-specific understanding can be life-threatening.

    Innovation is booming — but is it reaching the right people?

    At the same time, women’s health is seeing a surge in innovation. The “femtech” sector is booming and expected to be worth US$117 billion globally by 2029 (£86 billion). From AI-powered diagnostic apps and menstrual tracking wearables, to 3D-printed pessaries, advanced ultrasonic imaging tools and new breast cancer therapies, the possibilities are exciting.

    But innovation alone isn’t enough – and it risks deepening existing inequalities if not implemented thoughtfully. The gender health gap persists, and disparities in healthcare access and outcomes are often worse for women based on geography, ethnicity or income. Without inclusive design, these shiny new tools could widen the divide rather than close it.

    There are growing concerns around bias in health technologies, particularly AI. If algorithms are trained on data that doesn’t reflect the diversity of the population, they can miss key symptoms, produce inaccurate results or fail to support women from minority backgrounds. Technology must be matched by transparency, oversight and inclusion.



    Read more:
    AI can guess racial categories from heart scans – what it means and why it matters

    Even the most advanced tools are meaningless without strong systems in place to govern them. Innovation must be embedded into accessible, well-funded services – and those services must be built around the real needs of women. Trust, relevance, and cultural sensitivity aren’t optional extras – they’re essential for success.

    As the UK government moves ahead with NHS reforms, it must not lose sight of the importance of women’s health. Getting this right means more than launching new apps or pilot schemes. It means long-term commitment and investment backed by evidence.

    At RAND Europe, our research points to two central challenges: a lack of equitable access to services and a disconnect between innovation and the needs of women.

    If we want to create meaningful, lasting change, three key priorities must be addressed:

    1. Sustainable funding: short-term pilots of new therapies or treatments often show promise, only to vanish when initial funding ends. Women’s health hubs, and similar services, need stable, long-term support to become embedded parts of the health system – not experiments at risk of collapse.

    2. Stronger cross-sector collaboration: progress depends on better coordination across the NHS, academia, industry, charities and the public. Working together can reduce the duplication of efforts, align priorities and drive real results.

    3. Accessible information and health literacy: for services and innovations to work, people need to understand them. Clear, reliable information is crucial – not just for women, but for healthcare professionals too. Empowering patients to make informed choices is key to improving outcomes.

    Women’s health is not a side issue. It’s a foundation of a healthy, fair society. Investing in it doesn’t just benefit women, it strengthens families, communities and the economy.

    The NHS ten-year plan presents a vital opportunity. If the ambitions of the women’s health strategy are to become reality, they must be baked into long-term planning with clear, measurable goals.

    Sonja Marjanovic receives grant and contract funding for wider portfolios of research on healthcare services and innovation. She works at RAND Europe, a not for profit policy research institute and she is a Trustee of The Nuffield Trust.

    Stephanie Stockwell receives grant and contract funding for wider portfolios of research on healthcare services and innovation. Stephanie Stockwell works at RAND Europe, a not f profit research institute and is on the committee for the physical activity for health division of the Chartered Society of Sport and Exercise Scientists.

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

    – ref. From period pain to heart disease, the gender health gap is real – here’s how to close it – https://theconversation.com/from-period-pain-to-heart-disease-the-gender-health-gap-is-real-heres-how-to-close-it-252565

    MIL OSI – Global Reports –

    June 3, 2025

  • MIL-OSI USA: Creating 600 Tech Jobs in New Brooklyn Headquarters

    Source: US State of New York

    overnor Kathy Hochul today announced that Queen One, Inc., a visionary commerce technology company, will establish its new headquarters at 25 Kent Avenue in Williamsburg, Brooklyn, under a 10-year lease agreement. The 30,000-square-foot facility represents more than $10 million in capital investment and is expected to create 600 full-time, high-tech jobs while generating $67 million in research and development investment over the next five years as the company builds its next-generation e-commerce platform. Supported by $6 million in performance-based Excelsior Jobs Program tax credits from Empire State Development, this headquarters marks a major step forward in advancing New York’s leadership in innovation, job creation and the digital economy.

    “New York is the destination of choice for the next generation of technology companies, and Queen One’s decision to launch its headquarters in Brooklyn is a powerful endorsement of that momentum,” Governor Hochul said. “This project brings hundreds of high-quality jobs and millions in research and development, reaffirming our commitment to making the Empire State a national leader in innovation, talent, and opportunity. We’re proud to support projects that not only grow the economy but also strengthen our communities through inclusive, forward-looking investment.”

    Empire State Development President, CEO and Commissioner Hope Knight said, “Under Governor Hochul’s leadership, New York continues to be at the forefront of technology and innovation. Queen On’’s decision to establish its headquarters in Brooklyn is a testament to our state’s talented workforce, vibrant business ecosystem, and strategic investments in the industries of tomorrow. Empire State Development is proud to support Queen One’s growth as part of our broader efforts to attract cutting-edge companies, strengthen regional economies, and position New York as a national leader in tech-driven innovation.”

    Queen One COO & Founder Maricor Resente said, “Empire State Development’s support isn’t just an investment in Queen One; it’s an investment in the future of New York. I can say with immense pride that we are building something truly special right here in Brooklyn. This city isn’t just where we work; it’s a part of who we are. We are creating these jobs, not just to grow Queen One, but to show other entrepreneurs why New York is the best place to build.”

    Queen One CEO & Founder Ryan Urban said, “What we’re setting up to do here in Brooklyn is to build a foundation for vision and creation, right in the heart of a city that never stops creating. We’re developing a Vision Centre where innovation meets purpose and our team will ship breakthrough technology. Monday through Thursday, it will be a destination, hosting the best organizations and people in New York. Friday, Saturday, and Sunday the space transforms into an Imaginarium for adults with autism to have friends, enjoy life and break free.”

    Queen One is a New York-based company with a bold vision for the future of commerce. Its technology brings life and energy to brand websites and communication programs. Guided by the belief that every product has a story, Queen One is building a platform that helps communicate their value and drive real revenue for Commerce brands worldwide. While anchored by deeply-skilled technology roles — including product designers, software engineers, and generative artificial intelligence experts — the headquarters will also house key commercial teams driving sales, marketing, and partnerships. Together, these roles will strengthen Brooklyn’s emerging tech and innovation corridor.

    Empire State Development is supporting Queen One’s new headquarters with $6 million in performance-based Excelsior Jobs Program tax credits tied to job creation commitments. This strategic investment exemplifies New York’s approach to attracting innovative companies that deliver high-paying jobs and substantial research and development. By backing cutting-edge e-commerce and AI firms, the state is positioning itself as the premier East Coast destination for next-generation technology companies, leveraging its world-class talent pipeline and established innovation ecosystem to compete with traditional tech hubs nationwide.

    New York City Economic Development Corporation (NYCEDC) President & CEO Andrew Kimball said, “We are proud to work with Queen One on their selection of their new headquarters right here in New York City – a move that will bring 600 jobs to the city by 2030. Queen One joins a thriving innovation ecosystem in Brooklyn and its emphasis on AI will contribute to NYC’s status as the applied AI capital of the world. 25 Kent, in the heart of Williamsburg, will serve as an ideal launchpad for Queen One’s New York City chapter.”

    Additionally, Queen One is committed to fostering community engagement through workforce development programs, local technology training initiatives, and industry networking events hosted at its facilities. The company is also establishing a weekend center for adults with autism — a dedicated space for connection, support, and creation — a mission close to the hearts of its founding team. By opening its headquarters to the public, Queen One aims to create meaningful connective experiences that contribute to the vibrancy of the Williamsburg neighborhood.

    New York City’s vibrant tech ecosystem continues to attract innovative firms like Queen One, solidifying its role as a global leader in digital innovation and entrepreneurship. The city’s unique combination of diverse talent, robust capital access, renowned academic institutions, and creative energy provides an unmatched foundation for both established tech giants and emerging startups. Recent investments from prominent companies such as OpenAI, Duolingo and StubHub, along with strategic investments from high-growth firms like Figma, Rippling, Rokt, and Quadrature, underscore this dynamic environment. Queen One’s new Brooklyn headquarters further accelerates growth within emerging tech corridors, contributing to breakthrough developments in artificial intelligence, e-commerce, and digital infrastructure. As New York fosters these innovations, the state is not just keeping pace with the future of technology—it’s helping to define it as the premier destination for companies seeking to scale operations in a thriving, forward-thinking market.

    MIL OSI USA News –

    June 3, 2025

  • MIL-OSI: Blue Mountain Launches Spring 2025 RAM Release, Advancing Asset Management for Life Sciences

    Source: GlobeNewswire (MIL-OSI)

    STATE COLLEGE, Pa., June 02, 2025 (GLOBE NEWSWIRE) — Blue Mountain, the leader in GMP-compliant Enterprise Asset Management (EAM) software for life sciences, announces the launch of its Spring 2025 RAM Release, introducing advanced capabilities that drive operational excellence, maximize compliance, and empower mobile teams across the Life Sciences industry.

    The Spring 2025 release builds on RAM’s trusted foundation by delivering enhancements in three transformative areas:

    • Condition-Based Maintenance (CBM): Enables organizations to move beyond scheduled routines to smarter, condition-driven workflows. Real-time threshold management and automatic task generation ensure precision interventions, reducing downtime and cutting maintenance costs.
    • RAM Mobile Enhancements: Teams can now execute work plans offline, submit mobile requests with photos, and maintain data integrity on the go. These updates dramatically reduce mean time to detection and improve documentation completeness.
    • Artificial Intelligence: Now available in validation environments, RAMMY AI delivers instant, contextual answers sourced directly from validated documentation—slashing lookup times by up to 98% and unlocking daily productivity gains.

    “Our Spring 2025 Release represents a major step toward predictive maintenance and mobile-first efficiency,” said Judy Fainor, Chief Technology Officer. “With condition-based maintenance, powerful mobile capabilities, and the introduction of AI, we’re enabling Life Sciences teams to work smarter, faster, and more compliantly than ever.”

    About Blue Mountain

    Blue Mountain is the leader in enterprise asset management for Life Sciences. For over 35 years, Blue Mountain has been committed to delivering innovative and high-quality solutions that ensure regulatory compliance, enable operational efficiency and equipment uptime, and provide insights that optimize asset lifecycle management. Trusted by more than 450+ Life Sciences companies, the Blue Mountain industry-leading cloud platform helps companies master end-to-end GMP asset management from set-up to installation and from training to validation. Blue Mountain is backed by Accel-KKR and headquartered in State College, PA.

    For more information, please visit www.coolblue.com and follow the company on LinkedIn.

    Media Contact:

    Christian Rockwell
    carockwell@coolblue.com

    The MIL Network –

    June 3, 2025

  • MIL-OSI United Kingdom: Landmark government trial shows AI could save civil servants nearly 2 weeks a year

    Source: United Kingdom – Executive Government & Departments 2

    Press release

    Landmark government trial shows AI could save civil servants nearly 2 weeks a year

    More than 20,000 civil servants took part in a government-led trial using generative AI to support their daily work – with early results showing time savings equivalent to nearly 2 working weeks per person, per year.

    • Over 20,000 civil servants were given the latest AI tech for 3 months, using it to draft documents, summarise meetings and more
    • from policy officials using it to cut through jargon and streamline consultations, to Work Coaches speeding up support for job seekers – officials said the tech boosted their ability to deliver the Plan for Change
    • comes as expansive research shows half of office work can be helped by AI, as government continues push to save £45 billion by creating a lean, modern state using tech

    AI can significantly reduce time spent on government tasks – freeing up time, capacity and boosting productivity, with a landmark trial of 20,000 civil servants showing they could save nearly 2 weeks each annually by using the technology. 

    This is the equivalent of giving 1,130 people a full year back – every year – to focus on higher-value tasks, innovation or public service impact, rather than admin-based work – with the potential for this to rise significantly if used across the entire civil service, transforming productivity and public service delivery at scale.  

    The findings show the use of AI across the Civil Service will directly support the government’s Plan for Change by driving innovation, fostering economic growth, and modernising how public services operate. 

    The trial found that using generative AI such as Microsoft 365 Copilot to assist with everyday tasks – including drafting documents, summarising lengthy emails, updating records, and preparing reports – saved users an average of 26 minutes per day. That adds to nearly 2 weeks of time saved per year per person, delivering a significant productivity boost when scaled across the public workforce.  

    At Companies House, staff use Copilot to handle routine customer queries and speed up tasks like drafting responses and updating records. At the Department for Work and Pensions, work coaches are using it to personalise advice for jobseekers – helping them get faster, more tailored support.   

    Technology Secretary Peter Kyle highlighted the findings in a keynote discussion at SXSW London today, where he joined former Prime Minister Tony Blair to discuss reimagining government and public service delivery in the age of AI.

    Commenting on the results he said:  

    These findings show that AI isn’t just a future promise – it’s a present reality. Whether it’s helping draft documents, preparing lesson plans, or cutting down on routine admin, AI tools are saving civil servants time every day. That means we can focus more on delivering faster, more personalised support where it really counts.  

    As we deliver our Plan for Change, we’re backing innovation like this to boost productivity and growth – not just in the private sector, but in public services too. AI is changing the way government operates, helping us work smarter, reduce red tape, and make better use of taxpayers’ money.

    Darren Hardman, CEO, Microsoft UK said:  

    AI is the most transformative technology of our time and we’re already seeing its potential to reshape public service delivery. Whether that’s DWP work coaches helping more jobseekers into work, local authorities improving social care for the most vulnerable in society or NHS clinicians with more time to see patients, the potential is profound. 

    As a strategic technology partner to the UK government, we have an amazing opportunity to help improve both the quality of the services people receive and the way they access them. This could unlock new levels of growth, efficiency, and innovation for the country.  

    The government’s Microsoft 365 Copilot experiment shows what’s possible when people are empowered with the right tools: 26 mins per day (almost 2 weeks per year) less time on admin, more time delivering what matters. And the really exciting part is, this is just the beginning.

    A DWP Work Coach involved in the trial said:

    Using Copilot, I was able to help a self-employed customer – Customer X – revitalise her small business. Together, we created tailored social media posts to boost her online presence and used AI to identify cost-saving opportunities. Within a week, she’d secured 7 new client bookings. She’s now using Copilot to streamline admin and manage bookings – freeing up time to grow her business. It’s a powerful example of how AI can deliver real results for the people we support.

    Complementing these findings, research from the Alan Turing Institute published today finds that AI could support up to 41% of tasks across the public sector, offering significant time savings. In schools, for example, teachers spend nearly 100 minutes a day on lesson planning – up to 75% of which could be supported by AI, freeing more time for the classroom. Civil servants spend around 30 minutes daily on emails, where AI could cut this effort by over 70%. From drafting documents to updating records, the research shows AI is well-placed to handle routine admin – supporting public servants across departments.  

    This forms part of the government’s broader effort to modernise the state and achieve £45 billion in savings by making public services faster, simpler, and more accessible—across health, education, and beyond – while rolling out digital tools like the GOV.UK App, Chat, and Wallet, and tackling outdated legacy systems that currently cost billions in lost productivity.

    Notes to editors

    Figures are derived from self-reported daily time savings provided by participants, averaged across the full cohort of 20,000 individuals.

    The £45 billion figure is composed of 3 main levers:

    1. Simplify and automate delivery across public sector (£36 billion)
    2. Migrate service processing to cheaper online channels (£4billion)
    3. Reduce fraud and error with digital compliance solutions (£6 billion)

    For further context and detailed analysis, please refer to:

    • The Microsoft 365 Copilot report
    • The Alan Turing Institute report

    DSIT media enquiries

    Email press@dsit.gov.uk

    Monday to Friday, 8:30am to 6pm 020 7215 3000

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    Published 2 June 2025

    MIL OSI United Kingdom –

    June 3, 2025

  • MIL-OSI: ESET Names Ryan Grant as Country Manager, US and Canada

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, June 02, 2025 (GLOBE NEWSWIRE) — ESET, a global leader in cybersecurity, today announced that Ryan Grant has been promoted to Country Manager for US and Canada, effective June 1. Reporting to Palo Balaj, Chief Business Officer at ESET, Grant will provide leadership across sales and marketing functions, lead team development and market engagement, support operational alignment with ESET’s global headquarters, and represent ESET’s North America business.

    “As ESET evolves to meet the complex challenges of today’s cybersecurity landscape, strong, forward-thinking leadership in our regional markets is more important than ever,” said Balaj. “North America is vital for ESET’s global growth, and having visionary leadership at the helm is essential to realizing its potential. Ryan has demonstrated a clear vision, a deep understanding of our partners and customers, and an ability to lead with both strategy and precision. Ryan’s appointment as Country Manager for the US and Canada ensures North America is not only aligned with our global direction, but also well-positioned for continued success.”

    “ESET North America is experiencing a moment of transformation, and I am incredibly honored by the opportunity to lead the company during this critical phase of growth,” said Grant. “It’s an exciting time to step into this role as we deepen our global integration and sharpen our focus on innovation, integrations and delivering results for SMBs, enterprises and the partner community. I look forward to working closely with our leadership teams across the US and Canada to expand our sales, marketing, partnerships, and brand awareness initiatives to ensure ESET is a vendor of choice for companies demanding next-level threat intelligence, EDR/XDR solutions and MDR services.”

    Since joining ESET North America in 2021, Grant has been instrumental in transforming the company’s channel business and brand awareness with end users – most recently serving as Vice President of Sales and Marketing. Working alongside Bob Bonneau, Country Manager for ESET Canada, Grant has unified ESET’s U.S. and Canada sales and marketing teams, including enterprise, distribution, managed service provider (MSP), national service provider (NSP), value-added reseller (VAR), and retail segments. Bonneau will continue reporting to Grant with this appointment.

    In order to drive brand recognition and loyalty with customers, Grant has ramped up ESET’s direct touch team to develop local experts and ensure a strong presence across North America. He also collaborated closely with ESET’s global leadership to bring ESET World to the United States for the first time in over a decade earlier this year. Taking place at the Aria Resort & Casino in Las Vegas, ESET World 2025 brought together leading experts, technologists, enterprises, government, and industry professionals from around the globe to discuss the latest cyber threats, innovations, regulations, and cutting-edge research facing attendees.

    Focused on channel partner feedback, Grant has also worked with the North America marketing team to launch new campaigns and go-to-market programs that boost lead generation and support sales across ESET’s full portfolio. This unified approach ensures that channel partners have seamless access to the technical, sales, and marketing resources they need to grow and pursue opportunities in areas like enterprise, threat intelligence, services, and cyber insurance. ESET has also continued to enhance its partner program and implement forward-thinking technologies and strategies. He has focused on identifying and empowering ESET’s most engaged partners while launching targeted incentives to drive brand loyalty and participation. At the same time, he’s expanded the channel ecosystem through focused partner recruitment, particularly among MSPs and MSSPs.

    Prior to his current position, Grant joined ESET from Ingram Micro, where he spent more than two decades leading the VMware, Dell and Integrated Solutions business units. Before that, Grant served as vice president, advance solutions, with responsibility for more than $2B in annual revenue and oversight of 125 associates focused on sales, vendor management, marketing and purchasing.

    To learn more about ESET’s partner program, visit https://www.eset.com/us/partnernow/.

    About ESET

    ESET® provides cutting-edge digital security to prevent attacks before they happen. By combining the power of AI and human expertise, ESET stays ahead of emerging global cyberthreats, both known and unknown— securing businesses, critical infrastructure, and individuals. Whether it’s endpoint, cloud, or mobile protection, our AI-native, cloud-first solutions and services remain highly effective and easy to use. ESET technology includes robust detection and response, ultra-secure encryption, and multifactor authentication. With 24/7 real-time defense and strong local support, we keep users safe and businesses running without interruption. The ever-evolving digital landscape demands a progressive approach to security: ESET is committed to world-class research and powerful threat intelligence, backed by R&D centers and a strong global partner network. For more information, visit www.eset.com or follow our social media, podcasts and blogs.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/af926679-9184-453e-ac91-ba69f9e2ef76

    The MIL Network –

    June 3, 2025

  • MIL-OSI: ASUS Wins 41 Prestigious Red Dot Design Awards for Product Design 2025, Showcasing World-Class Excellence

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 02, 2025 (GLOBE NEWSWIRE) — ASUS today announced that it has been honored with 41 Red Dot Design Awards for Product Design 2025, reinforcing the company’s long-standing reputation for pushing the boundaries of innovation and excellence in product design. These wins highlight the ASUS commitment to creating technology that excels in both form and function, in line with its In Search of Incredible spirit.

    The awards were earned across a wide range of Product Design categories: Computer and Information Technology (35 awards), Mobile Phones, Tablets and Wearables (3), Luggage and Bag (1), TV and Home Entertainment (1), and Communication Technology (1).

    Each product recognized demonstrates a high standard of design, reflecting the ASUS dedication to user-centric innovation and quality craftsmanship.

    About the Red Dot Design Award for Product Design 2025

    The Red Dot Design Award for Product Design is one of the most respected international design competitions, celebrating outstanding product design since 1955.

    This year, entries were submitted from over 60 countries and evaluated by a jury of 43 independent experts from 21 nations — including designers, professors, journalists, and consultants.

    Products were assessed based on four key principles of good design: quality of function, quality of seduction, quality of use, and quality of responsibility.

    Each submission underwent a rigorous evaluation process, with criteria such as innovation, usability, and sustainability playing a central role. The jury carefully reviewed each entry through hands-on testing and in-depth discussions.

    The official list of winners will be published on July 8, 2025, in the Red Dot Winners Section.

    For more information and updates, visit www.asus.com/ca-en/

    2025 Red Dot Design Awards for Product Design Winners
    Accessories ASUS Master Thunderbolt 5 Dock DC510
    ROG SLASH Backpack series
    Displays ROG Swift OLED 27/32 series
    ProArt Display PA27UCGE/PA32UCE
    ProArt Display OLED 32/27 series
    ZenScreen Duo OLED MQ149CD
    ZenScreen Smart MS27UC/ MS32UC
    Networking RT-BE58 Go
    PC cases ProArt PA401
    Storage ASUS Cobble Enclosure
    Gaming PCs ASUS TUF Gaming T5 series
    ROG G7 series
    Commercial laptops ASUS ExpertBook P5 series – P5405
    ASUS ExpertBook P3 series
    ASUS ExpertBook P1 series
    ASUS ExpertBook B3 series
    ASUS ExpertBook B5 series
    ASUS Chromebook CX1 series
    ASUS ExpertBook B1 series
    All-in-one PCs ASUS AiO VM6 Series
    ASUS ExpertCenter AiO P4 series
    Gaming laptops ASUS TUF Gaming A14 (FA401)
    ROG FLOW Z13 (GZ302)
    ROG Strix Scar 16/18 G16/18
    Consumer laptops ASUS Vivobook 14/16 Flip
    ASUS Vivobook Classic series
    ASUS V16
    ASUS Zenbook S 14/16 (UX5406/UX5606)
    ASUS Zenbook A14 (2025)
    Smartphones Zenfone 12 Ultra
    ROG PHONE 9
    ROG PHONE 9 Pro
    Mini PCs ASUS ExpertCenter PN54
    ASUS NUC ASUS NUC 15 Pro
    ASUS NUC 15 Pro+
    Peripherals ROG Azoth Extreme
    ROG Harpe Ace Extreme
    Motherboards ProArt Z890-CREATOR WIFI
    Graphics cards ROG Astral RTX 50 series
    ROG Astral LC RTX 50 series
    TUF Gaming RTX 50 series


    NOTES TO EDITORS

    ASUS Laptops: https://www.asus.com/ca-en/store/laptops/
    ASUS Business Laptops: https://www.asus.com/ca-en/business/laptops/all-series/
    ASUS Gaming Laptops: https://www.asus.com/ca-en/laptops/for-gaming/all-series/
    ASUS Gaming Desktops: https://www.asus.com/us/site/gaming/rog/gaming-desktops/
    ASUS Pressroom: http://press.asus.com
    ASUS Canada Facebook: https://www.facebook.com/asuscanada/
    ASUS Canada Instagram: https://www.instagram.com/asus_ca
    ASUS Canada YouTube: https://ca.asus.click/youtube
    ASUS Global X (Twitter): https://www.x.com/asus

    About ASUS

    ASUS is a global technology leader that provides the world’s most innovative and intuitive devices, components, and solutions to deliver incredible experiences that enhance the lives of people everywhere. With its team of 5,000 in-house R&D experts, the company is world-renowned for continuously reimagining today’s technologies. Consistently ranked as one of Fortune’s World’s Most Admired Companies, ASUS is also committed to sustaining an incredible future. The goal is to create a net zero enterprise that helps drive the shift towards a circular economy, with a responsible supply chain creating shared value for every one of us.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/668122c4-0236-4d9f-9f07-e41124cc54b8

    The MIL Network –

    June 3, 2025

  • MIL-OSI: Broadcom Announces New CloudHealth User Experience for Greater Cloud Spend Management Across Enterprise Teams

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., June 02, 2025 (GLOBE NEWSWIRE) — Broadcom (NASDAQ: AVGO) today announced the general availability of the newest investment made to VMware Tanzu CloudHealth, a comprehensive new user experience that delivers a suite of feature enhancements and new AI-powered features like Intelligent Assist and Smart Summary. The new CloudHealth experience brings more accurate data and actionable insights to the entire FinOps Team, making it easier to achieve critical FinOps-driven outcomes and better align investments with business goals. Designed to reduce barriers to entry by making FinOps tools and capabilities available to personas of all backgrounds, it allows all stakeholders in the FinOps practice to better understand their impact and input on the organization’s cloud usage and drive a culture of accountability and collaboration.

    New AI-Powered Features Deliver a FinOps Solution for the Entire Team

    Today’s FinOps teams are expected to manage much more than spending in the growing public cloud market, as well as managing resources outside of the public cloud. According to the State of FinOps 2025 report from the FinOps Foundation, respondents stated that they expect their FinOps teams will need to manage more aspects of the cloud spend than what is expected today (source: State of FinOps by FinOps Foundation). This increased demand on the FinOps team requires tools and resources that enable them to do more, quicker. The new CloudHealth experience helps to meet these demands head-on by providing FinOps teams with a tool for the entire team.

    One of the most significant additions to the new CloudHealth experience is Intelligent Assist, a generative AI FinOps co-pilot embedded in the platform that helps users take more advantage of CloudHealth capabilities. Intelligent Assist is a large language model-enabled chatbot that allows users to gain insights about their clouds and services through natural language, such as granular custom reports or recommendations specific to their cloud usage. It makes tasks simpler for experienced users while helping to break down barriers to entry for business-oriented personas who are interested in exploring their cloud cost and usage. By enabling technical and non-technical users alike, Intelligent Assist is a crucial feature in enhancing collaboration across the FinOps team and organization, making data accessible to all decision-makers and enabling everyone to use the same data in their day-to-day operations.

    Another key addition to the new CloudHealth experience is Smart Summary, a new industry-leading approach to understanding cloud cost changes. Using Smart Summary, users can more quickly answer the key questions – what costs changed, why did they change and what action can I take to contain unintentional overrun.

    With the AI-powered capabilities of Intelligent Assist and Smart Summary, CloudHealth has demonstrated continued innovation in the cloud financial management space and reaffirms its commitment to enabling every organization to stay in control of their technology spending.

    New Experience. New Chapter. Still Breaking FinOps Barriers

    Since its founding in 2012, CloudHealth has consistently innovated in the cloud financial management space. In 2024 alone, CloudHealth was named an industry leader by seven independent analyst firms confirming its dedication to providing customers with the best insights for business decision-making and cloud spend management. Building upon this rich, storied history, the new CloudHealth experience signals a new chapter of innovation.

    “We are proud to officially introduce the general availability of the new CloudHealth experience at the FinOps X conference. Innovative, new AI-powered features like Intelligent Assist and Smart Summary provide users a greater ability to make sense of cloud data and reporting necessary to collaborate among teams to control cloud spend,” said Purnima Padmanabhan, general manager, Tanzu Division, Broadcom. “This product investment not only signifies our commitment to innovation, but also to Arrow Electronics, our strategic go-to-market partner focused on bringing CloudHealth to new markets and helping to further grow this business.”

    Last year, Broadcom tapped Arrow Electronics to become the sole global provider of the CloudHealth offering. Arrow provides sales, marketing and technical support for CloudHealth to help provide organizations of all sizes greater flexibility, scalability, and affordability in managing and optimizing their cloud business.

    “Managing cloud costs effectively is one of the biggest challenges for organizations operating in robust cloud environments,” said Cedric Doignie, vice president of new models sales at Arrow Electronics. “The new AI-infused user experience demonstrates an evolutionary advancement in cloud financial management and will allow CloudHealth users to proactively manage their cloud spending more efficiently with the continuous cost optimization features.”

    Taking the Next Step with CloudHealth

    With the AI-powered capabilities of Intelligent Assist and Smart Summary, CloudHealth has demonstrated a new level of innovation in the cloud financial management space and reaffirms its commitment to enabling organizations to stay in control of their technology spending. Learn more and request a free CloudHealth trial with Arrow.

    About Broadcom

    Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor, enterprise software and security solutions. Broadcom’s category-leading product portfolio serves critical markets including cloud, data center, networking, broadband, wireless, storage, industrial, and enterprise software. Our solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Broadcom is a Delaware corporation headquartered in Palo Alto, CA. For more information, go to www.broadcom.com.

    Broadcom, the pulse logo, and Connecting everything are among the trademarks of Broadcom. The term “Broadcom” refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners.

    Media Contact
    Jennifer Stevens
    Tanzu Division Media Relations
    jennifer.stevens@broadcom.com 
    1-917-445-3620

    The MIL Network –

    June 3, 2025

  • MIL-OSI: Plotly Unveils AI-Native Plotly Studio™ and Plotly Cloud™, Bringing Vibe-Coding to Visual Data App Development

    Source: GlobeNewswire (MIL-OSI)

    MONTREAL, June 02, 2025 (GLOBE NEWSWIRE) — Plotly today announced Plotly Studio™, an AI-native desktop application that automatically generates beautiful visual data apps in just two minutes using nothing but datasets, alongside Plotly Cloud™, a unified platform to share and manage apps.

    For Everyone with Data

    Plotly Studio requires virtually zero learning curve—users need only two minutes and a dataset to create professional applications that reveal new insights. No prompt hacking, terminal navigation, or Python installation required. Yet the generated Python code provides unprecedented analytical capabilities unseen in traditional BI tools, unlocking collaboration between coders and stakeholders, scientists and managers.

    From Weeks to Minutes: Structured Vibe Coding

    Plotly Studio instantly generates exploratory visual data apps without any coding or prompt, using only a dataset. Users then refine the application through a natural language interface, enabling independent and incremental modifications to components of the application. Beta program users remarked that the level of interactive control, visualization detail and app quality produced with Plotly Studio would take weeks to replicate by hand. The platform incorporates design patterns and best practices acquired over 10 years of developing data apps for Fortune 500 customers. When generating apps, users of Plotly Studio have full command of our expertise, Plotly’s Python libraries and LLM world knowledge.

    “Until now, the LLM era was only for power users, with coveted prompts and freewheeling agents,” explained Chris Parmer, creator of Dash and co-founder of Plotly. “Using the latest agentic analytics, we wanted to offer a better natural language interface – something more structured, specialized and task-specific that produced higher-quality apps with less expertise and effort yet was based on the best practices we’ve learned over the last decade.”

    Unlike traditional AI coding tools, Plotly Studio requires no coding expertise to get immediate benefits with its zero-shot data app generation. Non-technical users can also modify it using natural language in specification files. But advanced users who code are not restricted because it generates domain-specific analytic applications in pure Python, with a modular codebase that is easy to extend.

    Plotly Studio transcends chat-first AI coding assistants through natural language context, open-ended prompts, and markdown specification files. This enables organization-level knowledge encoding, analytical queries, and precise component specification through shareable markdown files that move beyond chat limitations.

    Sharing Made Easy

    Plotly Cloud™ provides a unified, cloud-based platform for sharing and managing Plotly Dash apps either created through traditional development or AI-generated by Plotly Studio. Plotly Studio with Plotly Cloud will be offered under a subscription model spanning from free tiers to enterprise deployments. Plotly Dash Enterprise also offers hosting for Studio-generated Dash apps where organizations need a fully integrated enterprise platform running on their own infrastructure.

    Both Plotly Studio and Plotly Cloud are now available in early access, with general availability planned for later this year. Signup for Early Access plotly.com/studio.

    Resources:

    About Plotly

    Plotly is a leading provider of open-source graphing libraries and enterprise-grade analytics solutions. Our AI-powered flagship product, Dash Enterprise, enables organizations, including 200 enterprise customers, to rapidly build scalable and interactive visual data apps that drive impactful decision-making. To learn more about Plotly, visit our website at http://www.plotly.com.

    Media Contact:
    Brigit Valencia
    For Plotly
    brigit@compel-pr.com

    The MIL Network –

    June 3, 2025

  • MIL-OSI: Check Point Software Technologies Recognized as a Best Company to Work For by U.S. News & World Report

    Source: GlobeNewswire (MIL-OSI)

    REDWOOD CITY, Calif., June 02, 2025 (GLOBE NEWSWIRE) — Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader of cyber security solutions, today announced that U.S. News & World Report has named the company among its 2025-2026 list of Best Companies to Work For. In addition, Check Point was also recognized as a Best Company to Work For in the IT industry.

    This recognition highlights Check Point’s commitment to fostering a culture of innovation, inclusion, and continuous growth across its global workforce. The U.S. News rankings evaluate companies based on metrics that matter most to employees, including quality of pay and benefits, work-life balance, professional development, and workplace culture.

    “We are honored to be recognized by U.S. News & World Report as one of the Best Companies to Work For,” said Tom DiMartino, Head of Human Resources, Americas at Check Point Software Technologies. “At Check Point, we believe our people are our greatest asset. That’s why we invest deeply in creating an environment where employees can thrive, innovate, and make a real impact.”

    This recognition adds to a series of accolades for Check Point, including being named one of America’s Best Cybersecurity Companies in 2025 by Newsweek and Statista, one of the World’s Best Companies by TIME and Statista in 2024 and earning a spot on the Forbes list of the World’s Best Employers for five consecutive years.

    Check Point continues to grow its global team, offering career opportunities across engineering, cyber threat research, sales, and more. This award underscores the company’s dedication to attracting and retaining top talent in the cybersecurity industry.

    To learn more about career opportunities at Check Point, visit: https://careers.checkpoint.com/

    Follow Check Point via:
    LinkedIn: https://www.linkedin.com/company/check-point-software-technologies
    X: https://www.twitter.com/checkpointsw
    Facebook: https://www.facebook.com/checkpointsoftware
    Blog: https://blog.checkpoint.com/
    YouTube: https://www.youtube.com/user/CPGlobal

    About Check Point Software Technologies Ltd. 

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

    Legal Notice Regarding Forward-Looking Statements  
    This press release contains forward-looking statements. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this press release include, but are not limited to, statements related to our expectations regarding future growth, the expansion of Check Point’s industry leadership, the enhancement of shareholder value and the delivery of an industry-leading cyber security platform to customers worldwide. Our expectations and beliefs regarding these matters may not materialize, and actual results or events in the future are subject to risks and uncertainties that could cause actual results or events to differ materially from those projected. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 2, 2024. The forward-looking statements in this press release are based on information available to Check Point as of the date hereof, and Check Point disclaims any obligation to update any forward-looking statements, except as required by law.

    The MIL Network –

    June 3, 2025

  • MIL-OSI: Mimecast Partners with Zscaler to Mitigate Multi-Vector Cyber Threats

    Source: GlobeNewswire (MIL-OSI)

    LEXINGTON, Mass., June 02, 2025 (GLOBE NEWSWIRE) — Mimecast, a global cybersecurity leader transforming the way businesses manage and secure human risk, today announced a new strategic integration with Zscaler™. Building on Mimecast’s extensive library of technology integrations, the partnership will help deliver real-time protection by automatically exchanging security intelligence between Mimecast’s email and collaboration security and Zscaler Zero Trust Exchange™ platform.

    Although email remains the number one attack vector, the rise of collaboration tools has increased the attack surface for cybercriminals. According to Mimecast’s 2025 State of Human Risk Report, 61% of organizations say it’s inevitable or likely that their organization will suffer a negative business impact from an attack linked to a collaboration tool in 2025. Mimecast processes seven billion signals across the collaborative landscape each day. In order to fully protect employees, however they work, these signals are shared with technology partners, like Zscaler, to reduce risk, reduce operational complexity, and improve organizational control.

    When the Mimecast platform identifies a threat, a signal will be automatically sent to Zscaler Zero Trust Exchange™ platform to prevent the threat succeeding through another attack vector. For example, if Mimecast blocks a credential harvesting URL, the domain will be shared with Zscaler, so when the threat actor pivots to another vector, such as Teams, Slack or a personal email account, Zscaler will block access based on the signal from Mimecast.

    “Single-point attacks are a thing of the past in cybersecurity. Organizations now face sophisticated and targeted threats that leverage multiple entry points to cast a wider net,” said Mimecast’s Chief Product & Technology Officer Ranjan Singh. “By integrating with Zscaler, joint customers gain essential threat sharing capabilities that will ensure their employees can work confidently regardless of which tool they’re using.”

    In addition to threat mitigation, this technology integration also helps organizations address data loss prevention (DLP) across email and collaboration tools. Layering atop Mimecast’s strong outbound email protections, Zscaler’s DLP provides a view into the content of data in both email text and attachments, scanning them as they leave the customer’s environment. If sensitive content is found, Zscaler provides Mimecast with intelligence and enforces protection based on a wide spectrum of potential orchestrated policy actions.

    The Mimecast – Zscaler technology integration is built to provide joint customers with:

    • Defense in Depth – Best-in-class threat intelligence, based on Mimecast’s processing of 1.8 billion emails per day and 4.6 billion inbound malicious email blocked every month, is shared with Zscaler, providing essential visibility and helping prevent future threats.
    • Operational Efficiency – Security teams benefit from automated protection and control, eliminating the need for multiple policies and manual correlation between platforms, allowing employees to focus on mission-critical tasks.
    • Consistent Data Protection – Organizations can implement consistent data protection policies across and between email, sensitive data, cloud applications and web services. Threat data will be shared between Mimecast and Zscaler aligned with organizational policies to protect employees.

    “Safeguarding data from ongoing threats in a modern, distributed enterprise requires a comprehensive data protection program and threat management as part of the zero-trust architecture,” said Venkat Krishnamoorthi, Vice President, Product Management, Zscaler. “Through the Zscaler and Mimecast partnership, customers can leverage Zscaler’s industry-leading data protection and security platform to inspect specific email traffic, ensuring it is thoroughly reviewed for sensitive content.”

    Mimecast is a gold sponsor at Zenith Live ‘25 from June 2 – 5, 2025 in Las Vegas. Join the company at booth G3 to see the integration in action and to learn more about securing human risk. Mimecast’s VP, Technology Alliances & API Joe Tibbetts will be presenting a session on ‘Integrated Security for Cloud-First Organizations’ on June 3rd at 1:30 p.m. PT.

    About Mimecast 

    Mimecast is a leading cybersecurity company transforming the way businesses manage and secure human risk. Its AI-powered, API-enabled connected human risk platform is purpose-built to protect organizations from the spectrum of cyber threats. Integrating cutting-edge technology with human-centric pathways, our platform enhances visibility and provides strategic insight.

    By enabling decisive action and empowering businesses to protect their collaborative environments, our technology safeguards critical data and actively engages employees in reducing risk and enhancing productivity. More than 42,000 businesses worldwide trust Mimecast to help them keep ahead of the ever-evolving threat landscape.

    From insider risk to external threats, customers get more with Mimecast. More visibility. More agility. More control. More security.

    Mimecast is either registered trademarks or trademarks of Mimecast Services Limited in the United States and/or other countries. All other third-party trademarks and logos contained in this press release are the property of their respective owners. The use of the word ‘partner’ does not imply a partnership relationship between Mimecast and any other company.

    Press Contacts

    Tim Hamilton
    Principal, Global Corporate Communications Manager
    +1 603-918-6757
    thamilton@mimecast.com

    General inquiries
    press@mimecast.com

    The MIL Network –

    June 3, 2025

  • MIL-OSI: Triller Group Completes Strategic Review and Enters Into an Accelerated Development Phase Focusing on Social Media, Fintech, and Combat Sports

    Source: GlobeNewswire (MIL-OSI)

    Los Angeles, June 02, 2025 (GLOBE NEWSWIRE) — The Board of Triller Group Inc (Nasdaq: ILLR) (“Triller Group”, “the Group” or “the Company”) is pleased to announce the completion of its strategic review, resulting in the reorganization of the Group into three interconnected core business units: 

    • Social Media (Triller App)
    • Fintech/Financial Service (AGBA Group)
    • Combat Sports (BKFC)

    The Board of the Company extends its gratitude to Mr. Bobby Sarnevesht for his contributions since the acquisition of the predecessor of the Company, or Triller Inc., from its founders in 2019 and wishes him success in his future endeavors.

    As the Company enters into an exciting new phase of growth, it is implementing an accelerated 6-month timeline for development, financing, and rapid scaling of the Group’s three core units.

    Social Media (Triller App)

    Under the leadership of Mr. Sean Kim since December 2024, the Triller app has undergone a significant and rapid transformation. The Triller app now offers one of the best product experience ever compared to its peers. The app is redefining content creation, distribution, and monetization, positioning itself as the premier and distinctive challenger in the U.S.-based social media market. Notably, Triller’s commitment and policy to user data ownership firmly distinguished itself from platforms like TikTok, Instagram, and YouTube. Mr. Kim and his team are preparing for a comprehensive marketing campaign, building on the success of the January 2025 SaveMySocials.com initiative.

    Fintech/Financial Services

    Triller Group’s seasoned management team brings decades of expertise in integrating cutting edge financial technologies into traditional financial services businesses. The team is in advanced stages to leverage the success of the Triller app and is in the process of developing and launching a cryptocurrency for the Triller community with an industry-leading partner.

    Combat Sports

    BKFC is experiencing another banner year and is rapidly expanding its passionate global audience, spurred on by its visionary leader David Feldman. BKFC has significant synergies with Triller Group’s two other core businesses, and the Company is working to support and explore additional revenue streams for BKFC. The Company believes 2025 will be another breakthrough year for BKFC, and it is not exploring any scenarios that would affect its majority control over BKFC. 

    For the remainder of 2025, the Triller Group management team will focus on (a) delivering marketing-led growth of Triller’s premier suite of product and services, (b) pursuing strategic acquisitions and partnerships to amplify the Group’s core offerings, (c) fostering synergies among the Group’s core business units, (d) strengthening the Group’s financial position and capital efficiency, and (e) minimizing and eliminating any legacy liabilities.

    “Our new strategic roadmap centers on three key objectives: growth, product expansion and financial strength.” stated Wing-Fai Ng, CEO of Triller Group.  “Sean and his team are at the forefront of making our Triller app the most compelling alternative to TikTok. Integrating cryptocurrency into our Triller community will be one of our top priorities in 2025, creating revenue streams for creators and strengthening user engagement. We are also actively pursuing multiple acquisitions and partnerships to accelerate our technological and market leadership, while Sean and I are actively recruiting top talent and reevaluating all aspects of our brand”.

    The Board is currently working with leading executive search professionals to identify and appoint additional Board members, who align with the Company’s vision and add significant value to the business.

    While current and future shareholders should anticipate a period of unprecedented rapid development, the Company’s exciting strategic blueprint marks not the beginning, but an acceleration of the vision outlined since the merger in October 2024.

    Triller Group is committed to its core principles of collaboration, innovation, and transparency, with further updates to be shared in the coming months.

    For additional information, please visit the Investor Relations website at https://trillercorp.com/ir/.

    # # #

    About Triller Group Inc.        

    Nasdaq: ILLR. Triller Group is a U.S.-based company that operates three main businesses: the U.S.-based Triller social media app (“Triller App”), fintech and financial services under the AGBA brand in Hong Kong (“AGBA”), and Bare Knuckle Fighting Championship (“BKFC”), one of the fastest growing combat sports franchises in the world.

    Triller App is a next-generation, AI-powered, social media and live-streaming event platform for creators. Pairing music culture with sports, fashion, entertainment, and influencers through a 360-degree view of content and technology, Triller App uses proprietary AI technology to push and track content virally to affiliated and non-affiliated sites and networks, enabling them to reach millions of additional users. For more information, please visit www.trillercorp.com

    Established in 1993, AGBA is a leading, multi-channel business platform in Hong Kong that incorporates cutting edge machine-learning and offers a broad set of financial services and healthcare products to consumers through a tech-led ecosystem, enabling clients to unlock the choices that best suit their needs. Trusted by over 400,000 individual and corporate customers, the Group is organized into four market-leading businesses: Platform Business, Distribution Business, Healthcare Business, and Fintech Business. For more information, please visit www.agba.com.

    Bare-Knuckle Fighting Championship (BKFC) is a Philadelphia-based combat sports franchise dedicated to preserving the historical legacy of bare-knuckle fighting, while utilizing a specifically created rule set that emphasizes fighter safety. BKFC has held over 100 events across the world with record-breaking attendance. For more information, please visit www.bkfc.com.

    Safe Harbor Statement

    This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development, including the development and launch of our cryptocurrency; product and service demand and acceptance; changes in technology; economic conditions; the outcome of any legal proceedings that may be instituted against us; expectations regarding our strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and our ability to invest in growth initiatives and pursue acquisition opportunities; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in the U.S., Hong Kong and the international markets the Company plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof.

    Investor & Media Relations:

    Bethany Lai
    ir@triller.co
    investorrelations@triller.co

    # # #

    The MIL Network –

    June 3, 2025

  • MIL-OSI: Oxylabs Unveils First-of-its-kind YouTube Datasets to Power Responsible AI

    Source: GlobeNewswire (MIL-OSI)

    The datasets fast-track video data from creator consent to AI-readiness

    VILNIUS, Lithuania, June 2, 2025 – Oxylabs, a leading web intelligence platform and proxy provider, introduces industry-first YouTube datasets composed entirely of consent-based data. All of the millions of original videos in the datasets have the explicit consent of the creators to be used for AI training, allowing to bridge the gap between creators and innovators.

    “In the ecosystem aiming to find a fair balance between respecting copyright and facilitating innovation, YouTube streamlining consent giving for AI training and providing creators with flexibility is an important step forward. Many channel owners have already opted in for their videos to be used in developing the next generation of AI tools. This enables us to create and provide high-quality, structured video datasets. Meanwhile, AI developers have no trouble verifying the data’s legitimate origin,” said Julius Černiauskas, CEO at Oxylabs.

    All datasets offered by Oxylabs include videos, transcripts, and rich metadata. While such data has many potential use cases, Oxylabs refined and prepared it specifically for AI training, which is the use that the content creators have knowingly agreed to.

    Large volumes of high-quality video data are fundamental for developing multimodal AI, capable of seamlessly handling text, audio, and visual data when performing tasks or generating different types of content. Acquiring such data in a convenient way that establishes a transparent link between creators and AI companies is a challenge the industry is still trying to solve. Structured, AI-ready datasets from YouTube are now a part of this developing improved model for training AI on public data.

    Importantly, consent-based datasets also allow AI companies and creators to be on the same page regarding fair AI development. This development has been riddled with still unanswered questions about making copyrighted material fuel rather than stall innovation.

    “These datasets offer a breath of fresh air to a tense ecosystem in dire need of facilitating systematic cooperation between creators and AI companies based on mutual agreement. The next wave of tools that will shake the market can now be built on data that all can agree is right for AI training. Hopefully, this also marks a better, more sustainable way forward,” concluded Černiauskas.

    The release of ethically sourced YouTube datasets continues Oxylabs’ longtime mission to establish and promote ethical industry practices, previously marked by co-founding the Ethical Web Data Collection Initiative (EWDCI) and introducing an industry-first transparent tier framework for proxy sourcing.

    To learn more about creator-consent-based YouTube video datasets for AI training, visit the official website now.

    About Oxylabs

    Established in 2015, Oxylabs is a web intelligence platform and premium proxy provider, enabling companies of all sizes to utilise the power of big data. Constant innovation, an extensive patent portfolio, and a focus on ethics have allowed Oxylabs to become a global leader in the web intelligence collection industry and forge close ties with dozens of Fortune Global 500 companies. Oxylabs was named Europe’s fastest-growing web intelligence acquisition company in the Financial Times FT 1000 list for several consecutive years. For more information, please visit: https://oxylabs.io/

    Media Contacts

    Vytautas Kirjazovas
    Oxylabs.io
    Tel: +370 655 34419
    Email: press@oxylabs.io

    The MIL Network –

    June 3, 2025

  • MIL-OSI: Transfix Expands Modal Capabilities to Include Flatbed Across Spot and Contract Lanes

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 02, 2025 (GLOBE NEWSWIRE) — Transfix today announced the expansion of its pricing capabilities to now include flatbed for both spot and contract freight. This marks a major milestone as Transfix can now support customers across the industry’s most critical truckload modes—dry van, reefer, and flatbed—delivering broader access to capacity and streamlined pricing solutions.

    For flatbed shipments, customers will benefit from Transfix’s deep industry expertise in pricing strategies that account for factors like equipment scarcity, and project-based shipment clusters. Brokers can now better navigate dynamic market complexities and secure the right rates with confidence.

    The addition of flatbed coverage has been highly anticipated by customers, many of whom have been requesting more versatile solutions to meet the demands of complex freight movements. With this expansion, brokers can now leverage Transfix’s technology to confidently price and source flatbed shipments with the same reliability and precision they’ve come to expect for dry van and reefer moves.

    “We’re excited to bring our flatbed offering to market and meet a longstanding request from our customers,” said Jonathan Salama, Transfix CEO & Co-founder. “By supporting spot and contract pricing for flatbed, we’re expanding our ability to deliver smarter, faster solutions across an even wider range of transportation needs to prepare the industry for dynamic market conditions, especially ahead of the evolving tariffs conversation.”

    The flatbed pricing expansion builds on the momentum of Transfix’s latest innovations, such as the launch of its RFP Workflow Tool, which helps freight brokers automate and manage their contract bidding processes with real-time rates across multiple modes.

    To learn more about how Transfix can help you move freight smarter across dry van, reefer, and now flatbed, visit transfix.io/get-started.

    About Transfix
    Transfix, Inc. is a freight technology leader dedicated to empowering brokers and 3PLs with innovative AI-driven pricing and load management solutions. Our Custom Rate Prediction Suite delivers tailored, highly accurate spot and contract rate forecasts, streamlined RFP workflows, and automated bidding tools that save time and improve margins. With over a decade of brokerage expertise and a commitment to data privacy, Transfix provides real-time insights and custom models that give brokers a competitive edge while ensuring their data remains proprietary. Transform your operations with the trusted partner in freight technology.

    Media Contact:
    Amber Good
    LeadCoverage
    amber@leadcoverage.com

    The MIL Network –

    June 3, 2025

  • MIL-OSI Europe: OSCE Seminar in Ashgabat Enhances Capacity to Tackle Technology-Facilitated Human Trafficking

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: OSCE Seminar in Ashgabat Enhances Capacity to Tackle Technology-Facilitated Human Trafficking

    Zhanara Seytayeva, expert of Kazakhstan’s Prosecutor General Office, delivering a presentation on Kazakhstan’s Mapping of Online Platforms with High Risks of Human Trafficking, Ashgabat, 29 May 2025 (OSCE) Photo details

    The rising threat of technology-facilitated trafficking in human beings was the focus of a two-day OSCE seminar in Ashgabat from 29 to 30 May 2025.
    Jointly organized by the Office of the OSCE Special Representative and Co-ordinator for Combating Trafficking in Human Beings and the OSCE Centre in Ashgabat, the seminar explored how digital platforms are increasingly exploited by traffickers, and promoted best practices for prevention and response.  
    “Technology facilitates anonymity for perpetrators, erodes jurisdictional boundaries, and presents increasingly complex challenges to law enforcement, justice systems, and support services” said John MacGregor, Head of the OSCE Centre in Ashgabat.
    Recognizing the cross-sectoral nature of the issue, the seminar brought together representatives from Turkmenistan’s Prosecutor General’s Office, Ministry of Labour and Social Protection of the Population, Ministry of Internal Affairs, Ministry of Communications, State Migration service, Supreme Court and civil society organizations.
    “The growing intersection of cutting-edge technology and organised crime demands a proactive response to effectively address the evolving threats posed by these advancements” said Dr. Kari Johnstone, OSCE Special Representative and Co-ordinator for Combating Trafficking in Human Beings. 
    Participants discussed how traffickers use artificial intelligence, encrypted applications, the dark web, and private messaging platforms to recruit victims, obscure their identities, and evade traditional tracking methods.
    “We see a surge in scam centers, the digitalization of advertisements and a change in the profile of victims” said Zhanara Seytayeva, an expert from Kazakhstan’s Prosecutor General’s Office, who shared Kazakhstan’s experience in mapping online platforms with high trafficking risks.  
    Stephanie Baroud, Criminal Intelligence Analyst at INTERPOL, led an interactive session focused on spotting red flags in fake online advertisements. She also shared insights on the emerging role of artificial intelligence in the fight against human trafficking.  
    The seminar’s outcomes will contribute to policy recommendations in line with Turkmenistan’s newly adopted National Action Plan, with a particular focus on leveraging technology to enhance anti-trafficking responses.

    MIL OSI Europe News –

    June 3, 2025

  • MIL-OSI: CLIK Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, June 02, 2025 (GLOBE NEWSWIRE) — Click Holdings Limited (NASDAQ: CLIK) (“Click”, or the “Company”) announced that, on May 30, 2025, the Company received a letter from the Listing Qualifications staff of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that based on the closing bid price of the Company for the period from April 16, 2025 to May 29, 2025, the Company no longer meets the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of $1 per share.

    The notification has no immediate effect on the listing of the Company’s ordinary shares. Nasdaq has provided the Company with a 180 calendar days compliance period, or until November 26, 2025, in which to regain compliance with Nasdaq continued listing requirement. If, at any time during this compliance period, the closing bid price of the Company’s stock is at least $1.00 per share for a minimum of ten consecutive business days, Nasdaq will confirm compliance, and the matter will be resolved.

    If the Company is unable to regain compliance by November 26, 2025, it may be eligible for additional time. To qualify, the Company will be required to meet continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the bid price requirement and will need to provide written notice of its intention to cure the deficiency during the second compliance period, which may include implementing a reverse stock split, if necessary. However, if it appears that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide notice that the Company’s securities will be subject to delisting.

    The Company is currently evaluating options to regain compliance and intends to timely regain compliance with Nasdaq’s continued listing requirement. The Company will use all reasonable efforts to achieve compliance with Rule 5550(a)(2).

    About Click Holdings Limited

    We are a fast-growing human resources solutions provider based in Hong Kong, aiming to match our client’s human resources shortfall through our proprietary AI-empowered talent pool by one “click”. Our key businesses primarily include nursing solution (mainly seniors) services, logistics solution services and professional solution services.

    For more information, please visit https://clicksc.com.hk. 

    Safe Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC, which are available for review at www.sec.gov.

    For enquiry, please contact:

    Click Holdings Limited
    Unit 709, 7/F., Ocean Centre
    5 Canton Road
    Tsim Sha Tsui, Kowloon
    Hong Kong
    Email: jack.wong@jfy.hk 
    Phone: +852 2691 8200 

    The MIL Network –

    June 3, 2025

  • MIL-OSI: Ambiq Names Jeff Winzeler as Chief Financial Officer

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, June 02, 2025 (GLOBE NEWSWIRE) — Ambiq®, a technology leader in ultra-low-power semiconductor solutions for edge AI, is pleased to announce Jeff Winzeler as Ambiq’s new Chief Financial Officer (CFO).

    Jeff Winzeler brings extensive CFO and COO experience in the semiconductor and renewable energy industries. He has successfully led global finance teams at both private and public startups, including Kandou AI, Everspin Technologies, Avnera, Rackwise, Solar Power Incorporated, and International DisplayWorks.

    Throughout his career living and working in the U.S., Asia, Europe, and the Middle East, Winzeler has raised over $1 billion in equity and debt financing to fuel business growth while managing Finance, Information Technology, Human Relations, Operations, Procurement, and Investor Relations.

    “We are excited to welcome Jeff to Ambiq’s executive team,” says Fumihide Esaka, CEO of Ambiq. “We are confident that his proven track record in successfully leading finance organizations and operations will help Ambiq’s momentum as we enter into the next stage of our company’s growth.”

    “I’m thrilled to join Ambiq at such a pivotal time in the edge AI and ultra-low-power computing space,”  says Jeff Winzeler, CFO of Ambiq. “The company’s innovative technology and strong market position create an exceptional foundation for sustainable growth. I look forward to working with the talented team to maximize financial performance and deliver value to our stakeholders as we scale the business globally.” 

    Ambiq

    Our mission is to enable intelligence (artificial intelligence (AI) and beyond) everywhere by delivering the lowest power semiconductor solutions. We enable our customers to deliver artificial intelligence compute at the edge where power consumption challenges are the most profound. Our technology innovations, built on the patented and proprietary subthreshold power optimized technology (SPOT), fundamentally deliver a multi-fold improvement in power consumption over traditional semiconductor designs. We’ve powered over 270 million devices today. For more information, visit www.ambiq.com.

    Contact

    Charlene Wan 
    VP of Corporate Marketing and Investor Relations 
    cwan@ambiq.com 
    +1.512.879.2850

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ec4d5b10-4442-4b7b-a3a6-cf82b235d66c

    The MIL Network –

    June 3, 2025

  • MIL-OSI: Alma íbúðafélag hf.: Útboð á víxlum 5. júní 2025

    Source: GlobeNewswire (MIL-OSI)

    Alma íbúðafélag hf. heldur lokað útboð fimmtudaginn 5. júní nk. á þriggja mánaða óverðtryggðum víxlum (AL 25 0915) og sex mánaða óverðtryggðum víxlum (AL 25 1215). Víxlarnir eru óveðtryggðir.

    Arctica Finance hf. hefur umsjón með útboðinu og kynningu þess fyrir hugsanlegum fjárfestum.

    Útboðið fer fram með hollenskri aðferð, þ.e. öll samþykkt tilboð bjóðast fjárfestum á hæstu samþykktu flötu vöxtum. Víxlarnir eru gefnir út í 20 m.kr. nafnverðseiningum og verða teknir til viðskipta á Aðalmarkaði Nasdaq Iceland.

    Alma íbúðafélag hf. áskilur sér rétt til þess að taka hvaða tilboði sem er eða hafna þeim öllum. Niðurstöður útboðsins verða birtar opinberlega eigi síðar en næsta virka dag eftir útboð.

    Skila skal inn tilboðum á netfangið m@arctica.is fyrir klukkan 17:00 fimmtudaginn 5. júní 2025. Uppgjör viðskipta fer fram 16. júní 2025.

    Útboðið er undanþegið gerð lýsingar á grundvelli c- og d-liðar 4. mgr. 1. gr. reglugerðar Evrópusambandsins og ráðsins (ESB) nr. 2017/1129 um lýsingu sem birta skal þegar verðbréf eru boðin í almennu útboði eða tekin til viðskipta á skipulegum markaði og 1. mgr. 3. gr. laga nr. 14/2020 um sama efni.

    Tilkynning þessi er eingöngu sett fram í upplýsingaskyni og felur ekki í sér né er hún hluti af útboðinu eða boð um kaup eða áskrift á verðbréfum félagsins. Grunnlýsing, endanlegir skilmálar og önnur skjöl er varða útgáfu framangreinds flokks skuldaskjals eru birt á vefsíðu félagsins: http://www.al.is/company/investors/bond-issuance/.

    Nánari upplýsingar veitir:

    Ingólfur Árni Gunnarsson framkvæmdastjóri, ingolfur@al.is.

    The MIL Network –

    June 3, 2025

  • MIL-OSI Global: Is AI sparking a cognitive revolution that will lead to mediocrity and conformity?

    Source: The Conversation – USA – By Wolfgang Messner, Clinical Professor of International Business, University of South Carolina

    The Industrial Revolution mechanized production. Today, there’s a similar risk with the automation of thought. kutaytanir/E+ via Getty Images

    Artificial Intelligence began as a quest to simulate the human brain.

    Is it now in the process of transforming the human brain’s role in daily life?

    The Industrial Revolution diminished the need for manual labor. As someone who researches the application of AI in international business, I can’t help but wonder whether it is spurring a cognitive revolution, obviating the need for certain cognitive processes as it reshapes how students, workers and artists write, design and decide.

    Graphic designers use AI to quickly create a slate of potential logos for their clients. Marketers test how AI-generated customer profiles will respond to ad campaigns. Software engineers deploy AI coding assistants. Students wield AI to draft essays in record time – and teachers use similar tools to provide feedback.

    The economic and cultural implications are profound.

    What happens to the writer who no longer struggles with the perfect phrase, or the designer who no longer sketches dozens of variations before finding the right one? Will they become increasingly dependent on these cognitive prosthetics, similar to how using GPS diminishes navigation skills? And how can human creativity and critical thinking be preserved in an age of algorithmic abundance?

    Echoes of the Industrial Revolution

    We’ve been here before.

    The Industrial Revolution replaced artisanal craftsmanship with mechanized production, enabling goods to be replicated and manufactured on a mass scale.

    Shoes, cars and crops could be produced efficiently and uniformly. But products also became more bland, predictable and stripped of individuality. Craftsmanship retreated to the margins, as a luxury or a form of resistance.

    Mass production strips goods of their individuality.
    Costfoto/NurPhoto via Getty Images

    Today, there’s a similar risk with the automation of thought. Generative AI tempts users to conflate speed with quality, productivity with originality.

    The danger is not that AI will fail us, but that people will accept the mediocrity of its outputs as the norm. When everything is fast, frictionless and “good enough,” there’s the risk of losing the depth, nuance and intellectual richness that define exceptional human work.

    The rise of algorithmic mediocrity

    Despite the name, AI doesn’t actually think.

    Tools such as ChatGPT, Claude and Gemini process massive volumes of human-created content, often scraped from the internet without context or permission. Their outputs are statistical predictions of what word or pixel is likely to follow based on patterns in data they’ve processed.

    They are, in essence, mirrors that reflect collective human creative output back to users – rearranged and recombined, but fundamentally derivative.

    And this, in many ways, is precisely why they work so well.

    Consider the countless emails people write, the slide decks strategy consultants prepare and the advertisements that suffuse social media feeds. Much of this content follows predictable patterns and established formulas. It has been there before, in one form or the other.

    Generative AI excels at producing competent-sounding content – lists, summaries, press releases, advertisements – that bears the signs of human creation without that spark of ingenuity. It thrives in contexts where the demand for originality is low and when “good enough” is, well, good enough.

    When AI sparks – and stifles – creativity

    Yet, even in a world of formulaic content, AI can be surprisingly helpful.

    In one set of experiments, researchers tasked people with completing various creative challenges. They found that those who used generative AI produced ideas that were, on average, more creative, outperforming participants who used web searches or no aids at all. In other words, AI can, in fact, elevate baseline creative performance.

    However, further analysis revealed a critical trade-off: Reliance on AI systems for brainstorming significantly reduced the diversity of ideas produced, which is a crucial element for creative breakthroughs. The systems tend to converge toward a predictable middle rather than exploring unconventional possibilities at the edges.

    I wasn’t surprised by these findings. My students and I have found that the outputs of generative AI systems are most closely aligned with the values and worldviews of wealthy, English-speaking nations. This inherent bias quite naturally constrains the diversity of ideas these systems can generate.

    More troubling still, brief interactions with AI systems can subtly reshape how people approach problems and imagine solutions.

    One set of experiments tasked participants with making medical diagnoses with the help of AI. However, the researchers designed the experiment so that AI would give some participants flawed suggestions. Even after those participants stopped using the AI tool, they tended to unconsciously adopt those biases and make errors in their own decisions.

    What begins as a convenient shortcut risks becoming a self-reinforcing loop of diminishing originality – not because these tools produce objectively poor content, but because they quietly narrow the bandwidth of human creativity itself.

    Navigating the cognitive revolution

    True creativity, innovation and research are not just probabilistic recombinations of past data. They require conceptual leaps, cross-disciplinary thinking and real-world experience. These are qualities AI cannot replicate. It cannot invent the future. It can only remix the past.

    What AI generates may satisfy a short-term need: a quick summary, a plausible design, a passable script. But it rarely transforms, and genuine originality risks being drowned in a sea of algorithmic sameness.

    The challenge, then, isn’t just technological. It’s cultural.

    How can the irreplaceable value of human creativity be preserved amid this flood of synthetic content?

    The historical parallel with industrialization offers both caution and hope. Mechanization displaced many workers but also gave rise to new forms of labor, education and prosperity. Similarly, while AI systems may automate some cognitive tasks, they may also open up new intellectual frontiers by simulating intellectual abilities. In doing so, they may take on creative responsibilities, such as inventing novel processes or developing criteria to evaluate their own outputs.

    This transformation is only at its early stages. Each new generation of AI models will produce outputs that once seemed like the purview of science fiction. The responsibility lies with professionals, educators and policymakers to shape this cognitive revolution with intention.

    Will it lead to intellectual flourishing or dependency? To a renaissance of human creativity or its gradual obsolescence?

    The answer, for now, is up in the air.

    Wolfgang Messner receives funding from Center for International Business Education and Research (CIBER) at the University of South Carolina.

    – ref. Is AI sparking a cognitive revolution that will lead to mediocrity and conformity? – https://theconversation.com/is-ai-sparking-a-cognitive-revolution-that-will-lead-to-mediocrity-and-conformity-256940

    MIL OSI – Global Reports –

    June 3, 2025

  • MIL-OSI: TruGolf Announces Listing Extension from Nasdaq

    Source: GlobeNewswire (MIL-OSI)

    Salt Lake City, Utah, June 02, 2025 (GLOBE NEWSWIRE) — TruGolf Holdings, Inc. (NASDAQ: TRUG), a leading golf technology company, today announced that the Nasdaq Hearings Panel has granted the company an extension of time to comply with Nasdaq listing rules subject to panel conditions. The Company’s listing will be transferred to the Capital Market, effective at the open of business on June 3, 2025. 

    Chris Jones, TruGolf’s CEO, said: “We are very pleased with the Panel’s decision and appreciate the fair hearing we received. The Company is committed to executing our plan to meet the various Nasdaq listing requirements required by the Panel. We will utilize every available tool to achieve organic NASDAQ compliance of $1.00 to avoid a reverse stock split if possible.”

    About TruGolf Holdings

    TruGolf is a golf technology company, committed to making golf easy. From innovative uses for AI to build content and enhance its image and spatial analysis, to gamified golf improvement plans, TruGolf is an industry leader in the growing technological revolution in the sport of golf. Since its founding, TruGolf has redefined what is possible in golf through technology. TruGolf’s suite of Hardware, Software, and Web Products make it easier to Play, Improve, and Enjoy the game of golf.

    Forward-Looking Statements

    Some of the statements in this release are forward-looking statements, which involve risks and uncertainties. Forward-looking statements include, without limitation, the timing and the amount of shares that may be repurchased under the plan. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ”believes,” ”estimates,” ”anticipates,” ”expects,” ”plans,” ”projects,” ”intends,” ”potential,” ”may,” ”could,” ”might,” ”will,” ”should,” ”approximately” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the SEC, which are available on the SEC’s website, www.sec.gov.

    For more information about our products and upcoming innovations, please visit TruGolf.com. 

    Media Contacts:

    TruGolf: Michael Bacal: Phone: 917-886-9071; mbacal@darrowir.com Web: TruGolf.com LinkedIn: @TruGolf

    The MIL Network –

    June 3, 2025

  • MIL-OSI Economics: Samsung Solve for Tomorrow 2025: Learn all about Application, Eligibility, Program Structure & More with these FAQs

    Source: Samsung

    The fourth edition of Samsung’s flagship CSR program, Solve For Tomorrow (SFT) 2025, a nationwide education and innovation competition for GenZ, is inviting ambitious innovators to solve real-world issues.
     
    If you too want to apply, then check out these quick FAQs that will help you with your program application.

    What is Samsung Solve for Tomorrow?
    Samsung Solve for Tomorrow is a global CSR initiative present in more than 65 countries. In India, this innovation competition empowers young minds to develop solutions for real-world challenges. Samsung Solve for Tomorrow 2025 is now accepting applications from participants who are keen to solve for challenges in any of the four themes:

    AI for safer, smarter & inclusive Bharat
    Future of health, hygiene & wellbeing in India

    Social Change through Sport & Tech: For Education & Better
    Environmental Sustainability via Technology

     
    Who can participate in the competition?
     
    The competition is open to Indian residents only between 14-22 years of age as on the last day of the competition.
    Individuals or teams of up to three people can apply with an original concept in terms of science and technology or a wholly new product with a social consequence. Without any innovation, new business models may not make it to consideration.
    The team/individual should not have previously obtained funds/awards for the identical proposal from any agency or through other competitions for more than INR five lakhs.
     
    Is there any participation fee?
     
    No, the competition is completely free to enter.
     
    Can I apply for more than one theme?
     
    No, each individual or team is allowed to apply for only one theme. Submitting applications for multiple themes may result in disqualification. Please ensure you carefully select the theme that best aligns with your ides before applying.
     
    What are the key stages of the competition?
     
    The competition consists of multiple stages, and each stage is an elimination stage:

    Application & Idea Submission – Submit your ideas in one of the four themes. Experts from Foundation of Innovation & Technology Transfer (FITT) – IIT Delhi, will review all the applications and 100 teams will be selected to qualify for the next stage. These 100 teams represent 25 teams from each of the theme.
    Top 100 teams – Selected teams receive training from Foundation of Innovation & Technology Transfer (FITT) – IIT Delhi experts and need to submit their video pitches. A panel of experts from Foundation of Innovation & Technology Transfer (FITT) – IIT Delhi, will evaluate the video pitches and 40 shortlisted teams will qualify to the next stage. These 40 teams represent 10 teams from each of the theme.
    Innovation Bootcamp & National Pitch Event for Top 40 teams (semi-finalists) – The Top 40 teams will be invited to an Innovation Bootcamp and will visit Samsung offices in BLR & NCR followed by hands-on training & access to prototyping labs at IIT Delhi. All the Top 40 teams will pitch to a jury panel consisting of experts from Samsung at the National Pitch Event at IIT Delhi. Only 20 teams will be selected to qualify for the last stage. These 20 teams represent 5 teams from each of the theme.
    Grand Finale for Top 20 teams (Finalists) – The Top 20 teams will get 1 on 1 mentoring from Industry experts, IIT Delhi and Samsung to help them prepare for the Grand Finale. At the Grand Finale, the Top 20 teams will get access to prototyping labs at IIT Delhi. The teams will pitch their ideas & prototypes one last time to a grand jury over a period of two days in Delhi NCR. The 4 Winning teams, each representing one theme, will be announced at the end of the Grand Finale in the Awards Ceremony.

     
    Can one participant participate in two different teams?
    No. Please note that any such applications with same participants in each team may lead to disqualification.
     
    Can a school or college apply on the behalf of students?
    No, students must apply individually or as a team with their own registered accounts. In case of minors, parental consent is mandatory to participate in Samsung Solve for Tomorrow 2025.
     
    Can overseas students participate in the competition?
    This competition is open to Indian nationals only.
     
    How do I choose the right theme for my idea?

    AI for safer, smarter & inclusive Bharat – AI-driven solutions improving safety, accessibility and inclusion in India.
    Future of health, hygiene & wellbeing in India – Ideas focused on improving healthcare, nutrition and mental well-being.
    Social Change through Sport & Tech: For Education & Better Futures – to improve education & the way of making a living through Sports and Tech.

    Environmental Sustainability via Technology – Sustainable management approaches to minimize waste and pollution while maximizing reuse, recycling and material regeneration.

     
    Does my idea have to be a working prototype?
     
    No, you can submit a concept or an early-stage idea. All the shortlisted teams will be guided to develop prototypes.
     
    What are the different stages the project can be at?
     

    Idea/Concept – The initial stage where participants identify a problem and propose innovative solutions under the four themes.
    Early Development – The phase where the idea is researched, refined, and a basic plan or model is created.
    Advanced Stage – The solution takes shape with detailed designs, feasibility studies and initial testing.
    Prototype Ready – A functional prototype is developed, demonstrating the solution’s practicality and effectiveness.

     
    Will my idea be made public?
    If your proposal gets selected for further consideration, the issue description and other components will be published on our website, utilized as publicity materials by media partners, and presented at various phases of the program, including the final pitch event. Technical details will be confidential while IP filing is in progress.
     
    How are ideas evaluated, and by whom?
    In the first round, applications will be screened basis their relevance to a social problem, technical feasibility, market potential, and team competence by subject matter experts from the “Foundation of Innovation & Technology Transfer (FITT) – IIT Delhi.” Your idea will fall under examination using the following criteria:

    Innovation and creativity: Uniqueness and originality of the idea
    Impact and Feasibility: Potential to solve real-world challenges.
    Scalability: Ability to expand and benefit a larger audience.
    Technical and Execution capability: Clarity in implementation and development.

    Jury comprising of industry veterans from Samsung and Foundation of Innovation & Technology Transfer (FITT) – IIT Delhi, will screen your ideas in the second, third and fourth rounds.
     
    How will I know if I am successful?
    Samsung will communicate the results to participants through the following channels:

    Official Website: Shortlisted individuals/teams will be announced on the Samsung’s Solve for Tomorrow website for each stage.
    Email Notification: Successful participants will receive direct communications regarding the selection and next steps to the team leads email id.
    Social Media Announcement: Key Competition milestones and winners will be highlighted on the Samsung’s official social media channels.

    Participants are advised to regularly check their emails and the official website for updates.
     
    If I am shortlisted, are there specific dates I need to be available?
    As a part of the competition, shortlisted participants will receive online training covering design thinking, advanced digital masterclasses, and business skills to help them refine their ideas.
    If you progress to Stage 2, you will be required to attend online training sessions on design thinking methodology, digital technologies and mentorship, starting in July 2025.
    For those advancing to Stage 3(Top 40 teams), attendance will be mandatory for Samsung site visits and a residential bootcamp at IIT Delhi in September 2025.
    Finalists (Top 20 teams) moving to Grand Finale will need to be available for additional training sessions on innovation, entrepreneurship, prototyping, intellectual property rights (IPR), and other relevant topics, beginning September 2025.
    Additionally, all finalists must be available to attend the awards ceremony in October 2025.
    Samsung and Foundation of Innovation & Technology Transfer (FITT) – IIT Delhi will provide the exact dates at a later stage.
     
    What activities will be there during the Innovation Bootcamp and National Pitch event?
    The 11-day bootcamp and national pitch event will provide the Top 40 teams with an opportunity to explore Samsung offices and receive specialized training.

    Day 0: Top 40 teams arrive at Bangalore.
    Day 1: Top 40 teams visit Samsung Research Institute Bangalore
    Day 2: Top 40 teams visit Samsung Research Institute Delhi and Noida
    Day 3: Top 40 teams visit Samsung Soutwest Asia Office, Gurugram
    Day 4 to Day 6: Top 40 teams will undergo three days of on-site training at IIT Delhi focused on refining the ideas and identifying effective problem-solving approaches.
    Day 7: Rest day
    Day 8 and Day 9: Top 40 teams get two days of lab access to further develop and enhance their prototypes.
    Day 10 and Day 11: Top 40 teams pitch their ideas to the Jury members from Samsung and Foundation of Innovation & Technology Transfer (FITT) – IIT Delhi.
    Day 12: Participants return to their respective home locations.

     
    Who will bear the travel and accommodation cost for the boot camp?
    Samsung will take care of your accommodation and travel requirements (Selected teams will receive all the details and guidelines). For participants below 18, Samsung will provide accommodation & travel for a parent/guardian.
     
    What to expect at Grand Finale?
     
    Prototyping Day at IIT Delhi (1 day):
     

    Finalists will have a dedicated day to refine and enhance their prototypes before the finale at IIT-Delhi.
    Access to the prototyping labs will be provided to all the Top 20 teams.

    Grand Finale in Delhi-NCR (2 days):

    Final presentations and pitches to a panel of industry leaders and experts.
    Evaluation based on innovation, feasibility, and impact.
    Networking opportunities with Samsung and Foundation of Innovation & Technology Transfer (FITT) – IIT Delhi, investors and other dignitaries.
    Investor Meet-up on day 1 of Grand finale.
    Announcement of winners and award ceremony on day 2 of the Grand Finale.

    Will Samsung or Foundation of Innovation & Technology Transfer (FITT) – IIT Delhi own my idea?
    No, you will be the sole owner of the concept and the intellectual property. The role of Samsung and Foundation of Innovation & Technology Transfer (FITT) – IIT Delhi will be to assist you only in developing it.
    Will the competition provide incubation support for the selected teams?
    Yes, the 4 winning teams will be provided incubation at IIT Delhi and funding of INR 1 Crore to further develop and scale their ideas. This includes mentorship from industry experts, guidance on business strategies, and access to resources that can assist in turning innovative concepts into viable solutions.
    Participants will receive mentorship from experienced professionals in fields such as technology, business strategy, design thinking and entrepreneurship. The support will help refine their solutions and prepare them for real-world implementation.
    Are there any grants or financial awards for winners?
    Yes, the competition offers financial support at different stages to help teams enhance their projects:
    Funding for Shortlisted Teams:

    Top 40 Teams: Each team will receive INR 20,000 to further develop their project.
    Top 20 Teams: Each team will receive INR 100,000 enhance their prototype and project.

    Grant Prize for Winners:
     

    Winning 4 teams: A total grant of INR 1 Crore will be awarded across the winners.
    The winning teams will also receive incubation support at FITT, IIT Delhi to refine their project and make it market-ready.

     
    Special awards:
    In addition to the main grants, four special awards will be given:
     

    Social Media Champion Award – INR 50,000
    Awarded to one team from the Top 20 for the highest number of posts and engagement across social media platforms (e.g. Facebook, LinekdIn, and Instagram)
    Goodwill Award / Audience Choice ward – INR 100,000 each

    Two teams from the top 20 will receive INR 100,000 each, based on maximum audience votes during the Grand Finale.

    Young Innovators Award / Women in Innovation Award – INR 100,000 each

    The jury for their outstanding innovation and contribution will select two teams from the Top 20. Each team will receive INR 100,000.
     
    Where can I read the competition Terms & Conditions?
    You can read the full terms and conditions and privacy notice for Solve for Tomorrow 2025 here.
     
    My question is not answered here
    Contact us at solvefortomorrow@samsung.com if you have any further queries or require assistance.
     
     

    MIL OSI Economics –

    June 3, 2025

  • MIL-OSI: CareCloud to Present on AI Innovation at Maxim Group’s 2025 Virtual Tech Conference on June 3, 2025

    Source: GlobeNewswire (MIL-OSI)

    Somerset, N.J., June 02, 2025 (GLOBE NEWSWIRE) — CareCloud, Inc. (Nasdaq: CCLD, CCLDO) (“CareCloud” or the “Company”), a leader in AI-driven healthcare technology solutions for medical practices and health systems nationwide, announced today that its Co-Chief Executive Officers have been invited to participate in the “2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow,” presented by Maxim Group LLC. The Healthcare IT Panel, featuring CareCloud, will take place on Tuesday, June 3, 2025, at 11:00 a.m. EDT.

    CareCloud will join the Healthcare IT Panel to share how artificial intelligence is transforming every facet of healthcare delivery—from clinical decision support and administrative automation to revenue optimization.

    The conference, hosted on M-Vest, will showcase how emerging growth companies are leveraging transformative technologies such as Quantum Computing and Artificial Intelligence (“AI”) to position themselves for long-term success. Moderated by Maxim Group Senior Analysts, the event will include insightful conversations with CEOs and executive leaders driving innovation in their respective industries.

    To attend the conference and view CareCloud’s presentation, participants must register as an M-Vest member.

    Click here to learn more and reserve your seat

    About CareCloud

    CareCloud (Nasdaq: CCLD, CCLDO) brings disciplined innovation to the business of healthcare. Our suite of AI and technology-enabled solutions helps clients increase financial and operational performance, streamline clinical workflows and improve the patient experience. More than 40,000 providers count on CareCloud to help them improve patient care, while reducing administrative burdens and operating costs. Learn more about our products and services, including revenue cycle management (RCM), practice management (PM), electronic health records (EHR), business intelligence, patient experience management (PXM) and digital health, at carecloud.com.

    Follow CareCloud on LinkedIn, X and Facebook.

    For additional information, please visit our website at carecloud.com. To listen to video presentations by CareCloud’s management team, read recent press releases and view the latest investor presentation, please visit ir.carecloud.com.

    About Maxim Group LLC

    Maxim Group LLC is a full-service investment banking, securities and wealth management firm headquartered in New York. The Firm provides a full array of financial services including investment banking; private wealth management; and global institutional equity, fixed-income and derivatives sales & trading, equity research and prime brokerage services. Maxim Group is a registered broker-dealer with the U.S. Securities and Exchange Commission (SEC) and the Municipal Securities Rulemaking Board (MSRB) and is a member of FINRA SIPC, and NASDAQ. To learn more about Maxim Group, visit maximgrp.com

    Disclaimer

    This press release is for information purposes only and does not constitute an offer to sell or solicitation of an offer to buy, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.

    Forward-Looking Statements

    This press release contains various forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to anticipated future events, future results of operations or future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “might,” “will,” “shall,” “should,” “could”, “intends,” “expects,” “plans,” “goals,” “projects,” “anticipates,” “believes,” “seeks,” “estimates,” “predicts,” “possible,” “potential,” “target,” or “continue” or the negative of these terms or other comparable terminology.

    Our operations involve risks and uncertainties, many of which are outside our control, and any one of which, or a combination of which, could materially affect our results of operations and whether the forward-looking statements ultimately prove to be correct. Forward-looking statements in this press release include, without limitation, statements reflecting management’s expectations for future financial performance and operating expenditures, expected growth, profitability and business outlook, the impact of pandemics on our financial performance and business activities, and the expected results from the integration of our acquisitions.

    These forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are only predictions, are uncertain and involve substantial known and unknown risks, uncertainties and other factors which may cause our (or our industry’s) actual results, levels of activity or performance to be materially different from any future results, levels of activity or performance expressed or implied by these forward-looking statements. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all of the risks and uncertainties that could have an impact on the forward-looking statements, including without limitation, risks and uncertainties relating to the Company’s ability to manage growth, migrate newly acquired customers and retain new and existing customers, maintain cost-effective global operations, increase operational efficiency and reduce operating costs, predict and properly adjust to changes in reimbursement and other industry regulations and trends, retain the services of key personnel, develop new technologies, upgrade and adapt legacy and acquired technologies to work with evolving industry standards, compete with other companies’ products and services competitive with ours, and other important risks and uncertainties referenced and discussed under the heading titled “Risk Factors” in the Company’s filings with the Securities and Exchange Commission.

    The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligations to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

    SOURCE: CareCloud

    Company Contact: 
    Norman Roth 
    Interim Chief Financial Officer and Corporate Controller 
    CareCloud, Inc.
    nroth@carecloud.com 

    Investor Contact:
    Stephen Snyder 
    Co-Chief Executive Officer 
    CareCloud, Inc. 
    ir@carecloud.com

    The MIL Network –

    June 3, 2025

  • MIL-OSI: Trust Wallet Launches Buy+, Powered by Binance Connect, to Simplify Crypto Access

    Source: GlobeNewswire (MIL-OSI)

     

    Users can buy tokens on BNB Chain, Base and Solana directly with cards, local currency and more – all without leaving the Trust Wallet app.

    DUBAI, United Arab Emirates, June 02, 2025 (GLOBE NEWSWIRE) — Trust Wallet, the world’s leading self-custody Web3 wallet trusted by over 200 million users, has launched Buy+, a new feature powered by Binance Connect, to simplify crypto access for users worldwide and make onboarding easier for newcomers. The feature allows anyone to purchase tokens on BNB Chain, Base and Solana using fiat — without needing to own crypto assets, or to understand complex crypto workflows.

    Before this improvement, buying a new or trending token often meant a multi-step process, including manual swaps and switching between platforms. For many — especially beginners — this was confusing, time-consuming, and carried the risk of mistakes. Now, with Buy+, Trust Wallet simplifies everything into one seamless flow — making it possible to go from card, Apple/Google Pay and more, to a user’s desired token in just a few taps, all without leaving the app or giving up self-custody.

    “The first step to onboard a fiat asset into the desired crypto asset directly is often the hardest. And that’s what we’re improving as part of the effort to bring web2 user experience to web3 tech,” said Eowyn Chen, CEO of Trust Wallet. “When people discover a good crypto asset, they want to be able to buy it quickly, securely, and easily. Increasingly, these assets are not the major coins but rather smaller, trending tokens. So, we seamlessly integrate fiat onboarding with on-chain crypto swapping with the fewest steps. With this new capability, we’re giving users a simpler, safer, and smarter way to get their desired tokens —without compromising on self-custody or experience.”

    Buy+ works by intelligently routing transactions based on token availability. If a token is directly supported by Binance Connect, the purchase is completed in one seamless fiat-to-crypto flow. If not, the feature automatically facilitates a two-step process — first acquiring the required native token and then swapping it within the Trust Wallet app — all while maintaining full self-custody and minimizing complexity for the user.

    This feature pairs Binance Connect’s fiat-to-crypto infrastructure with Trust Wallet’s smart routing and swap capabilities to deliver a uniquely seamless experience that balances speed, flexibility, and full ownership.

    “At Binance, we’re focused on breaking down barriers to crypto adoption, and the launch of the Buy+ feature in Trust Wallet — powered by Binance Connect — is a major step in that direction,” said Thomas Gregory, Vice President of Fiat at Binance. “By removing the complexity of chains, swaps, and token transfers, we’re giving users — especially those new to crypto — a faster, simpler way to access the tokens and communities they care about. Binance Connect is proud to power this experience and enable our partners to deliver seamless fiat-to-crypto journeys.”

    Additional blockchain networks will be supported in future rollouts, as Binance Connect continues to expand access to Web3 tokens.

    This collaboration between Trust Wallet and Binance Connect reflects a shared commitment to lowering barriers to entry and making Web3 more intuitive for millions of users worldwide.

    Get Started Today

    To try Buy+ Token, download or open the latest version of Trust Wallet and tap “Buy” on any supported token. The feature is now live.

    Note: Until further notice, this feature will not be available in the UK, US, Canada, Nigeria, Netherlands, Russia, Belarus, Cape Verde, Cuba, Syria and Iran. This communication is not intended for audiences within the United Kingdom. If you are accessing this content from within the United Kingdom, please exit immediately.

    About Trust Wallet

    Trust Wallet is the secure, self-custody Web3 wallet and gateway for people who want to fully own, control, and leverage the power of their digital assets. From beginners to experienced users, Trust Wallet makes it easier, safer, and convenient for millions of people around the world to experience Web3, access dApps securely, store and manage their crypto and NFTs, as well as buy, sell, and stake crypto to earn rewards — all in one place and without limits.

    For media enquiries, contact:

    press@trustwallet.com

    About Binance Connect

    Binance Connect is a leading fiat-to-crypto infrastructure platform powered by Binance. It enables seamless on- and off-ramp solutions for Web3 applications, wallets, and marketplaces by leveraging Binance’s global liquidity, regulatory compliance, and diverse payment rails — including card payments, Apple Pay, Google Pay, local banking options, and P2P trading. Built to simplify access to digital assets, Binance Connect bridges traditional finance and decentralized ecosystems, empowering developers, businesses, and users to interact with crypto securely and efficiently.

    For media enquiries, contact:

    pr@binance.com

    Disclaimer: This is a paid post and is provided by Trust Wallet. 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/b8a673bf-72b8-4ac2-8e15-f79463a06b4b

    The MIL Network –

    June 3, 2025

  • MIL-OSI Economics: Robert Holzmann: Monetary policy and structural tectonic shifts

    Source: Bank for International Settlements

    Ladies and gentlemen, distinguished guests!

    Welcome to this year’s OeNB Annual Economics Conference in cooperation with SUERF.

    I would like to start by warmly welcoming everyone – whether you are joining us in person here at the OeNB or online. My sincere thanks go to our esteemed speakers, panelists and researchers for sharing their time and expertise. I would also like to extend my heartfelt appreciation to all those behind the scenes, whose hard work and dedication are making this event possible and enjoyable for us all.

    At last year’s conference, we explored the theme “The central bank of the future: opportunities and challenges.” And our discussions then laid important groundwork for the issues we are facing today. Over the past year, we have witnessed a series of substantial challenges, each with the potential to reshape the global economic landscape and, in turn, the very framework in which monetary policy must operate.

    It is in this context that we are approaching this year’s theme: “Monetary policy and structural tectonic shifts.” Much like how we feel and see tectonic shifts through earthquakes and volcanic eruptions, our world has recently experienced economic and geopolitical tremors – disruptions that have shaken long-held assumptions and institutions. In my opening remarks, I will briefly highlight three key developments that reflect these shifts, offering insights into their implications and addressing the critical questions they pose for the future of monetary policy.

    Some reflections on the past twelve months

    Let me start by looking back. Since our last conference, the inflation landscape has shifted significantly. Following a period of sharp price increases, we took decisive monetary policy action that helped to stabilize the situation. Encouragingly, these efforts were fruitful, and in June 2024, we began a process of gradually reducing key interest rates. With seven consecutive rate adjustments, we brought the deposit facility rate down to its current level of 2.25%.

    However, the inflation surge and subsequent developments have also revealed new layers of complexity in maintaining price stability. Today, central banks must navigate an environment that is more intricate than ever before. Traditional tools often behave in unpredictable ways when used in times of global disruptions. During the recent inflationary period, the factors at the forefront of our concerns included disrupted supply chains, volatile energy markets and the ongoing unwinding of unconventional monetary policy instruments.

    As we look ahead, I believe we must approach the current challenges in two distinct blocks. First, what emerging trends would have shaped the economic and financial landscape if the current tectonic shifts originating in the United States had not occurred? In this context, I will touch on artificial intelligence, financial innovation and new insights into the natural rate of interest or r-star. Second, now, a couple of months into the second term of the Trump presidency, we find ourselves facing new challenges in truly uncharted territory. Frequently shifting economic signals from the United States continue to inject an added layer of unpredictability, further complicating the already complex task of policymaking.

    Three big challenges shaping the future of money and policy

    Let me briefly point out three big challenges we were already dealing with before Donald Trump got reelected. First, I would like to draw your attention to an innovation in the cryptocurrency sphere that has gained growing relevance and with a potential systemic impact: stablecoins. Unlike highly volatile crypto assets such as Bitcoin or Ethereum, stablecoins are pegged to reference assets like the US dollar, offering greater price stability and edging closer to meeting the traditional functions of money. Dollar-pegged stablecoins such as Tether and USDC have grown substantially in both market capitalization and global reach. Yet, as highlighted by Fed Board Governor Christoph Waller, this rapid growth brings with it serious regulatory and monetary policy implications.1

    Second, also in the realm of technology, recent developments in artificial intelligence (AI) have the potential to fundamentally alter the way we live – and, by extension, the structure of the global economy. I suspect that most of today’s audience has already interacted with AI in some form, whether for highly productive purposes or perhaps for more casual experimentation. Yet, the broader implications of AI extend far beyond personal use. From reshaping entire industries to transforming the very nature of work, AI introduces both unprecedented opportunities and significant challenges. One critical issue is that traditional economic indicators may fall short in capturing the true impact of AI-driven innovation, especially in knowledge-based sectors (see Baily, Brynjolfsson and Korinek, 2023).

    Third, and this is where many of the points I have raised are coming together, the natural rate of interest, or r-star, has returned to center stage, with recent estimates suggesting a modest upward shift. In a recent paper, we examined the key factors influencing r-star. While overall productivity remains a fundamental driver, demographic trends also play a crucial role. Here, the outlook remains largely unchanged: our societies continue to age, and uncertainty persists about the long-term economic impact of migration. Therefore, pension reforms, such as raising the retirement age, could generate meaningful, and potentially lasting, upward effects on r-star (Breitenfellner et al., 2024).

    Let me now briefly touch on the enormous global investment needed to fight climate change and how this connects to r-star. According to the International Energy Agency, annual investment in clean energy must reach USD 4.5 trillion by 2030 so that we stay on track for the 1.5-degree target.2 Closing this gap through targeted public and private investment is not just a moral imperative butcan also raise the global natural rate of interest. Productive, climate-aligned capital deepens investment demand and improves growth prospects, especially in regions with untapped potential. In this way, the green transition can contribute not only to achieving climate goals but also to ensuring macroeconomic sustainability.

    Finally, central banks are very aware of the changing world and thus regularly engage in thorough reviews of their strategies. The Federal Reserve’s current review, for instance, focuses on two main areas: an analysis of its policy approach, and its tools for communicating policy. Notably, the Federal Open Market Committee’s 2% long-run inflation target is not part of this review. The Bank of Canada has reviewed its extraordinary policy actions during the COVID-19 crisis (ranging from emergency rate cuts to quantitative easing and forward guidance) and found that they had been crucial in stabilizing financial markets, supporting economic recovery.3 Also, the Eurosystem is currently engaged in an intermediate strategy review, incorporating the lessons of recent years to refine and enhance our policy decisions. This ongoing process underscores our commitment to continuously improving decision-making in a rapidly evolving environment. While some of these reviews are still ongoing, I expect that many of the topics we are discussing today will be part of them.

    A new US administration and the dramatic shifts it has unleashed

    In my view, these were the pressing issues of our time even before US President Trump was reelected. And now, in his new term, we have already seen an unprecedented series of tectonic shifts, not only economically, but also in terms of global organization and institutional dynamics. To make sense of where we stand today, let me offer some structure, outlining four key challenges that have emerged since President Trump took office.

    First, current US foreign and trade policies have triggered a series of events that continue to reverberate across Europe and the global economy. Frequent shifts in trade policy have fueled economic uncertainty, undermining stability and resulting in tangible losses for all parties involved. Yet, there is currently no clear consensus in the academic literature on how monetary policy should best respond to such persistent and politically driven uncertainty.

    Second, the Trump administration has decided to withdraw from important supranational initiatives and bodies, like the Paris Agreement and the World Health Organization. Even membership in the International Monetary Fund is currently under question. The US leaving the IMF would drastically reduce the international role of the USA and the US dollar even more. When a major global economy becomes an unreliable partner, it puts significant additional strain on already fragile global markets, making economic forecasts more complex and policy decisions even more challenging in an already uncertain environment.

    Third, given this heightened uncertainty, the international role of the euro can be expected to grow. Amid erratic tariff decisions and threats to the Federal Reserve, global investors have shifted away from US assets toward gold, which leads to a depreciation of the US dollar. While this shift presents an opportunity for the euro to emerge as a more reliable and stable reserve currency, it also raises new questions for monetary policy. The well-known Triffin dilemma reminds us that countries issuing global reserve currencies are faced with the structural tension that builds when they must run trade deficits to provide global liquidity, even at the expense of long-term economic stability at home. For central banks, this creates a complex balancing act.

    Fourth, a United States that appears less committed to Western security significantly weakens the military capabilities of NATO and leaves Europe more vulnerable to external threats. In response to these shifting dynamics, European countries have initiated a review of their common defense strategy and announced substantial increases in defense spending. As these fiscal impulses begin to unfold across the economy, the Eurosystem must remain highly vigilant, closely monitoring any inflationary pressures and responding with determination if needed.

    How can we rethink monetary policy in a period of tectonic shifts?

    Central banks must constantly adapt to a changing environment. That is why the Eurosystem has committed to regularly reviewing its strategy. Indeed, as I have mentioned before, we are currently undertaking an intermediate strategy review. This process draws on the lessons of recent years to refine and strengthen our approach to policymaking. It reflects our firm commitment to continuously improving how we assess, decide and act in a rapidly evolving environment.

    In today’s sessions, we will hear from keynote speakers Daniel Gros of Bocconi University and Huw Pill of the Bank of England, alongside a panel of distinguished experts. Their insights will help bring together academic perspectives and policy practice, enriching our collective understanding. Tomorrow, we will delve deeper into recent academic research and consider its implications for the future of monetary policy.

    With that, I wish all of us a stimulating, thought-provoking and productive conference. I am confident that our discussions will not only deepen our understanding of the challenges ahead but also spark fresh ideas. Let us approach today’s tectonic shifts not merely as threats, but as opportunities to shape a more resilient and forward-looking monetary policy.

    Thank you!

    Bibliography

    Baily, M., E. Brynjolfsson and A. Korinek. 2023. Machines of mind: The case for an AI-powered productivity boom. Brookings Institution. https://www.brookings.edu/articles/machines-of-mind-the-case-for-an-ai-powered-productivity-boom/ (accessed on May 13, 2025).

    Bloom, N. 2009. The impact of uncertainty shocks. In: Econometrica, 77 (3). 623–685.

    Bloom, N., M. Floetotto, N. Jaimovich, I. Saporta-Eksten and S. J. Terry. 2018. Really uncertain business cycles. In: Econometrica. 86 (3). 1031–1065.

    Breitenfellner, A., R. Holzmann, W. Pointner, A. Raggl, R. Sellner, M. Silgoner, A. Stelzer and A. Stiglbauer. 2024. How can a decline in R* be reversed? Productivity,  retirement age, and the green transition. OeNB Occasional Paper No. 9.

    Holston, K., T. Laubach and J. C. Williams. 2023. Measuring the Natural Rate of Interest after COVID-19 (No. 1063). Federal Reserve Bank of New York.

    MIL OSI Economics –

    June 3, 2025

  • MIL-OSI Russia: Financial News: 100 Years of Scientific and Technical Intelligence (02.06.2025)

    Translation. Region: Russian Federal

    Source: Central Bank of Russia –

    On June 3, 2025, the Bank of Russia will issue into circulation a commemorative silver coin with a face value of 3 rubles, “100th Anniversary of Scientific and Technical Intelligence” (catalog No. 5111-0519).

    The silver coin with a face value of 3 rubles (pure precious metal weight – 31.1 g, alloy fineness – 925) has the shape of a circle with a diameter of 39.0 mm.

    There is a raised edge around the circumference of both the front and back sides of the coin.

    On the obverse of the coin there is a relief image of the State Emblem of the Russian Federation, the inscriptions “RUSSIAN FEDERATION”, “BANK OF RUSSIA”, the coin denomination “3 RUBLES”, the date “2025”, the designation of the metal according to the Periodic Table of Elements of D.I. Mendeleyev, the alloy fineness, the trademark of the St. Petersburg Mint and the pure mass of the precious metal.

    On the reverse side of the coin, inside the stylized orbits of the atom, there is a schematic depiction of a warship, a fighter, an artificial Earth satellite, a nuclear power plant, a microcircuit, and artificial intelligence; in the center is a small emblem of the SVR; along the circumference there are the inscriptions “SCIENTIFIC AND TECHNICAL INTELLIGENCE OF THE SVR OF RUSSIA” and “100 YEARS”, separated by images of laurel branches. All elements of the artistic design are made in relief, the central part of the emblem is in color.

    The side surface of the coin is ribbed.

    The coin is made in proof quality.

    The mintage of the coin is 3.0 thousand pieces.

    The issued coin is a legal tender in the territory of the Russian Federation and must be accepted at face value for all types of payments without restrictions.

    When using the material, a link to the Press Service of the Bank of Russia is required.

    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.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //vv. KBR.ru/Press/PR/? fillet = 638844623450248128KOins.HTM

    MIL OSI Russia News –

    June 2, 2025

  • MIL-OSI Europe: Press release – Challenges that AI poses for the culture and the creative sectors in Europe and the US

    Source: European Parliament 3

    During a delegation to Los Angeles, Culture Committee MEPs discussed copyright rules, fair pay, and working conditions in a changing digital environment.

    A delegation of MEPs from the Committee on Culture and Education (CULT) travelled to Los Angeles, from 26 to 29 May, to learn first-hand about the impact of AI and other digital transformative technologies and innovations on the culture and creative industries and the news media sector.

    The delegation met with representatives of film and music studios, streaming platforms, labour unions representing writers, directors, actors and other industry professionals, public media representatives and Congresswoman Laura Friedman.

    “Our constructive meetings shed light on a broad range of common concerns with our US interlocutors, such as possible incentive systems for the film making industry to produce locally,” MEPs said in a joint statement.

    Making the most of disruptive technological advancements or tackling the potential risks brought on by the use of AI – in particular deepfakes, algorithmic bias, and threats to creators’ interests – are common challenges the EU and US culture and creative industries face. MEPs also observed a willingness to put in place solutions allowing the sectors to thrive mutually on both continents.

    The interlocutors the MEPs met referred to the fact that the major film studios prefer contractual relationships on copyright, rather than privileging a regulatory approach. In addition, they learned about the new protections for creative workers brought about by the 2023 writers’ strike, the Human Artistry Campaign, and the NO FAKES Act aimed at preventing the unauthorised use of faces and voices.

    Concerning the music sector, MEPs discussed how to better support and protect artists against possible AI-generated threats, improve the exposure of their work, investment, and representation of diverse musical works across platforms. The challenges brought on by transformative digital technologies, MEPs said, need to be tackled through fit-for-purpose regulatory provisions, clarifying guidelines, and efficient enforcement tools.

    “Our meetings clearly showed that the EU provides best practices in the field and has a leading legislative role in addressing these challenges, notably with the AI Act that has been welcomed by numerous stakeholders,” MEPs said. ”In the current evolving digital landscape, we consider our visit to Los Angeles as a highly useful and enriching way to foster transatlantic collaboration based on open and constructive dialogue in the culture and creative sectors. United, we are stronger in facing the challenges AI poses for culture and the creative sectors.”

    The delegation was led by Nela Riehl (Greens, Germany), and included Bogdan Andrzej Zdrojewski (EPP, Poland), Manuela Ripa (EPP Germany), Hannes Heide (S&D, Austria), Marcos Ros Sempere (S&D, ES), Catherine Griset (PfE, France), Ivaylo Valchev (ECR, Bulgaria), and Laurence Farreng (Renew, France).

    Read the full statement by the CULT delegation.

    MIL OSI Europe News –

    June 2, 2025

  • MIL-OSI USA: Survivor Assistance Available at Several Locations

    Source: US Federal Emergency Management Agency

    Headline: Survivor Assistance Available at Several Locations

    Survivor Assistance Available at Several Locations

    LITTLE ROCK, Ark

    – The state of Arkansas, FEMA and the U

    S

    Small Business Administration have added four new sites that offer face-to-face help for residents affected by the March 14-15 and April 2-22 severe storms, tornadoes and flooding

    Hours are also extended at some sites

    Homeowners and renters in the impacted counties may be eligible for FEMA disaster assistance for losses not covered by insurance

    Specialists are available to help you apply for FEMA assistance, review your existing application and submit documents needed to move your application forward

    The new locations and extended hours include:CRITTENDEN COUNTYRoberta Jackson Neighborhood Center1300 Polk Avenue, West Memphis, AR 72301Regular Hours: 8 a

    m

    to 6 p

    m

    May 30 and June 2 to June 4; closed Saturday and Sunday West Memphis City Hall205 South Redding, West Memphis, AR 72301Regular Hours: 8 a

    m

    to 6 p

    m

    May 31 only  Earle City Hall                                                                                       1005 2nd Street, Earle, AR 72331 Regular Hours: 8 a

    m

    to 6 p

    m

    June 2 to June 4 CRAIGHEAD COUNTYLake City – City Hall406 Court Street; Lake City, AR 72437 Regular Hours: 8 a

    m

    to 6 p

    m

    June 2 to June 4 DESHA COUNTYMcGhee Municipal Complex901 Holly Street, McGhee, AR 71654Regular Hours: 8 a

    m

    to 6 p

    m

    May 30 to May 31 and June 2 to June 4 SHARP COUNTYHardy Fire Station203 Church Street, Hardy, AR 72542Days: May 30 to May 31 and June 2 to June 7 Hours: 9 a

    m

    to 6 p

    m

    Monday to Friday; 9 a

    m

    to 1 p

    m

    Saturday; closed Sundays Additional locations are listed online at x

    com/FEMARegion6 and facebook

    com/FEMARegion6/

    Survivors in Greene, Hot Spring, Independence, Izard, Jackson, Lawrence, Randolph, Sharp and Stone counties may apply for federal assistance if they had damage in the March storms

    Similarly, those who were affected by the April storms, tornadoes and flooding in Clark, Clay, Craighead, Crittenden, Desha, Fulton, Hot Spring, Jackson, Miller, Ouachita, Pulaski, Randolph, Saline, Sharp, St

    Francis and White counties may also apply

    Survivors affected by both the March and April storms should file a separate claim for each

    Here are the ways to apply:Go to DisasterAssistance

    govDownload the FEMA App for mobile devicesCall the FEMA Helpline at 800-621-3362 between 6 a

    m

    and 10 p

    m

    CT

    Help is available in most languages

     If you use a relay service, captioned telephone or other service, you can give FEMA your number for that service

    For an accessible video on how to apply for assistance, go to Three Ways to Register for FEMA Disaster Assistance – YouTube

    The Small Business Administration offers low-interest disaster loans to homeowners, renters, nonprofit organizations and businesses of any size

    To apply online, visit https://lending

    sba

    gov or call 800- 659-2955

    For people who are deaf, hard of hearing, or have a speech disability, dial 711 to access telecommunications relay services

    For the latest information about Arkansas’ recovery, visit fema

    gov/disaster/4865 or fema

    gov/disaster/4873

    Follow FEMA Region 6 on social media at x

    com/FEMARegion6 and at facebook

    com/FEMARegion6/
    thomas

    wise
    Fri, 05/30/2025 – 21:31

    MIL OSI USA News –

    June 2, 2025

  • MIL-OSI USA: Office of the Governor — News Release — Gov. Green Signs Bills to Advance Educational and Developmental Success for Keiki

    Source: US State of Hawaii

    Office of the Governor — News Release — Gov. Green Signs Bills to Advance Educational and Developmental Success for Keiki

    Posted on May 30, 2025 in Latest Department News, Newsroom, Office of the Governor Press Releases

    STATE OF HAWAIʻI 
    KA MOKU ʻĀINA O HAWAIʻI 
     
    JOSH GREEN, M.D. 
    GOVERNOR
    KE KIAʻĀINA 

     
    GOVERNOR GREEN SIGNS FIVE BILLS TO ADVANCE EDUCATIONAL AND DEVELOPMENTAL SUCCESS FOR KEIKI

    FOR IMMEDIATE RELEASE
    May 30, 2025

    HONOLULU — Governor Josh Green, M.D., today signed five bills strengthening access to educational opportunities and supporting student success both in the classroom and beyond.

    “This group of bills represents our state’s active commitment to finding real solutions and protecting the fundamental right every keiki has to quality education,” stated Governor Green. “Thanks to the critical work of educators and students alike, as well as countless community advocates, our state is poised to reduce childhood food insecurity and increase access to academic and extracurricular educational opportunities.”

    The newly enacted bills include the following:

    SB 1300: EXPANDING ACCESS TO FREE SCHOOL MEALS

    Beginning with the 2025-26 school year, Senate Bill 1300 expands access to free school meals for students who qualify for reduced-price meals under the National School Lunch Program. To further support ‘ohana classified as ALICE (Asset Limited, Income Constrained, Employed), SB 1300 will expand again in the 2026-27 school year, providing free school meals to any public school student whose family income is below 300% of the federal poverty level. The bill appropriates more than $3.3 million to the Department of Education over the two school years to cover the cost of free meals.

    “Investing in our keiki is an investment in our future,” said Governor Green. “Food insecurity in our state is a serious issue, affecting one in three households. Signing Senate Bill 1300 will help ease the burden on our Hawai‘i ʻohana and improve the lives of keiki across the islands.”

    Senate Bill 1300 aims to improve educational outcomes by ensuring every child in Hawai‘i has access to the consistent nutrition they need to succeed in school. In addition to providing free school meals to eligible students, SB 1300 prohibits an academic institution from denying a student a school meal due to an inability to pay.

    “Senate Bill 1300 removes the financial barrier to accessing school meals, supporting students’ health and well-being, as well as their academic and developmental success said First Lady Jaime Kanani Green. “If students aren’t hungry, they can better focus on their studies, extracurricular activities and personal growth.”

    “Students should come to class hungry for knowledge, not hungry for food,” Governor Green concluded.

    Senate Vice President Michelle Kidani, Education Committee chair, was lead introducer of the bill. “Too many students face hunger in silence and it impacts their ability to learn. By expanding access to free school meals, this bill helps ensure all our keiki have the nourishment they need to succeed. I’m grateful to Governor Green for signing it into law and to all who worked to make it happen,” said Kidani (District 18, Mililani Town, Waipi‘o Gentry, Crestview, Waikele, portion of Waipahu, Village Park, Royal Kunia).

    “Ensuring that our keiki have access to nutritious school meals supports their well-being and success both in and beyond the classroom. At the same time, we are easing the burden on Hawai‘i’s working families, and this is a win for our community,” said House Committee on Education Chair, Justin H. Woodson (District 9, Kahului, Pu‘unēnē, portion of Wailuku.

    HB 862: ADDRESSING SCHOOL BUS SHORTAGES

    Due to a nationwide bus driver shortage, a number of school bus routes were suspended during the 2024–2025 academic school year. To reverse these suspensions and ensure transportation is not a barrier to education, Governor Green issued an emergency proclamation in August 2024, authorizing, among other provisions, the use of alternative vehicles to transport students to and from school. House Bill 862 codifies into statute this authorization and requires Department of Education staff to accompany students between drop-off and pick-up locations to ensure student safety. Using alternative vehicles such as small buses, motorcoaches and vans to transport students, will help maintain existing bus routes, supporting students’ continued access to a quality education.

    “Hawai‘i continues to face a school bus crisis, and we’ve heard from countless parents, families and educators about the urgent need to expand transportation options, while keeping safety front and center,” said House Committee on Education Vice Chair Trish La Chica (District 37, Portions of Mililani Town, Mililani Mauka, Koa Ridge, Waipi‘o Gentry). “This new law paves the way for our students to thrive, by expanding the department’s options to secure reliable transportation and ensuring that transportation barriers don’t stand in the way of our keiki and their opportunities to succeed.”

    HB 133: FUNDING FOR INTERSCHOLASTIC SURFING PROGRAMS

    Due to its deep cultural, social, and economic significance in Hawaiʻi, the Board of Education approved surfing for interscholastic competition in 2016. Since then, only one of the five local athletic leagues has sponsored a surfing program, leaving the majority of the state’s students without competitive surfing opportunities. House Bill 133 appropriates $685,870 for both fiscal year 2026 and fiscal year 2027 to support the establishment of interscholastic surfing programs. These programs will provide students the opportunity to gain competitive experience and further pursue the sport they love.

    “Hawai‘i is the birthplace of surfing, and that’s something we should take great pride in. By recognizing surfing as an interscholastic sport, we are expanding access in Hawai‘i schools — allowing students to build ocean safety skills, connect with our cultural heritage and participate in a sport that has produced champions from our own shores,” said Representative Sean Quinlan, (District 47, Waialua, Hale‘iwa, Kawailoa Beach, Waimea, Sunset Beach, Waiale‘e, Kawela Bay, Kahuku, Lā‘ie, Hau‘ula, Punalu‘u, Kahana), introducer of the bill.

    The complete list of bills signed includes the following. Click links to see full details of the bills enacted into law.

    HB110 HD1 SD2 RELATING TO LOCAL AGRICULTURAL PRODUCTS

    HB1170 HD1 SD1 CD1 RELATING TO THE UNIVERSITY OF HAWAII RESIDENT TUITION FEE

    Photos from today’s bill signing, courtesy Office of the Governor, are available here.
    Video from the event can be viewed here.
    The slide deck presented at today’s bill signing can be found here.

    # # #


    Media Contacts:  
    Erika Engle
    Press Secretary
    Office of the Governor, State of Hawai‘i
    Office: 808-586-0120
    Email: [email protected] 

    Makana McClellan
    Director of Communications
    Office of the Governor, State of Hawaiʻi
    Cell: 808-265-0083
    Email: [email protected]

    MIL OSI USA News –

    June 2, 2025
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