NewzIntel.com

Category: Artificial Intelligence

  • MIL-OSI: BluSky AI Inc. Appoints Andrea Huels as Chief AI and Growth Officer

    Source: GlobeNewswire (MIL-OSI)

    Salt Lake City, July 22, 2025 (GLOBE NEWSWIRE) — BluSky AI Inc., a pioneer in modular AI infrastructure, proudly announces the appointment of Andrea Huels as Chief AI and Growth Officer. A globally recognized thought leader in artificial intelligence, Huels brings over 20 years of innovation leadership, including more than a decade driving AI strategy and adoption across Fortune 500 companies and building ecosystems that span infrastructure, edge, and enterprise applications.

    Huels previously led Lenovo’s Enterprise AI business in North America and held strategic roles at General Electric, ExxonMobil, and Dematic. In addition to her enterprise experience, she was a founding executive at Vody, a generative AI startup, and RadiusAI, a computer vision company. Recognized as one of the 50 Most Powerful Women in Technology, a Top 200 Business and Technology Innovator, and a Women Leader of Conversational AI, Huels is widely regarded as a leader in the field. Her expertise spans applied AI, edge computing, and go-to-market strategy, making her a formidable force in shaping the future of AI infrastructure.

    “Andrea’s arrival marks a defining moment for BluSky,” said Trent D’Ambrosio, CEO of BluSky AI Inc. “Her vision, energy, and deep industry insight will help us scale with precision and purpose. She doesn’t just understand AI—she knows how to build ecosystems that move markets. We’re thrilled to have her leading our next chapter.”

    In her new role, Huels will spearhead BluSky’s AI strategy, growth initiatives, and ecosystem partnerships, with a focus on expanding the company’s SkyMod modular data center deployments and advancing ESG-aligned innovation.

    “I’m excited to join BluSky at such a pivotal time,” said Huels. “AI infrastructure is becoming the most critical layer of the modern technology stack. As generative models advance and real-world adoption scales, demand for compute, power, and purpose-built capacity will become the defining force behind the next wave of technological progress. BluSky’s modular platform is ready to meet that demand, enabling organizations to deploy AI infrastructure faster, more efficiently, and where it’s needed most.”

     Andrea Huels

    BluSky AI Inc. continues to redefine the future of compute with its plug-and-play SkyMod units, designed for rapid deployment, energy efficiency, and community-conscious design.

    Trent D’Ambrosio
    CEO, BluSky AI Inc.
    trentdambrosio@bluskyaidatacenters.com
    www.bluskyaidatacenters.com

    About BluSky AI Inc.

    Headquartered in Salt Lake City, Utah, BluSky AI Inc. delivers modular, rapidly deployable data center infrastructure purpose-built for artificial intelligence. These next generation scalable AI Factories provide speed-to-market, and energy optimization for entities requiring high-performance infrastructure to support machine learning workloads. BluSky AI empowers small, mid-sized, enterprise, and academic partners from start-up to scale-up to drive innovation without compromise.

    Forward-Looking Statements:

    This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties.  Forward-looking statements in this news release include statements with respect to the potential impact for the Company. There can be no assurance statements will prove to be accurate and actual results and future events could differ materially from anticipated in such statements.

    BluSky AI Inc. disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events except as required by applicable securities legislation.

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    The MIL Network –

  • MIL-OSI: Opening a new era of USDC smart cloud mining: CJB Crypto makes digital dollar earnings within reach

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 22, 2025 (GLOBE NEWSWIRE) — As the global USDC stablecoin ecosystem continues to grow, CJB Crypto brings an innovative solution to the DeFi field: a smart cloud mining service based on USDC. Now, regardless of technical background, users can easily participate through web or mobile terminals, and can remotely obtain USDC income without purchasing hardware or complex settings. This marks the first time that ordinary users can seamlessly integrate into the USDC economic system.

    As a widely trusted mainstream stablecoin, USDC can now be mined through CJB Crypto’s cloud technology. You can choose to mine USDC directly, or enable the platform’s intelligent optimization engine, which dynamically allocates computing power to assets with better returns (such as BTC, ETH, DOGE, XRP, etc.) to maximize your returns. All earnings are settled daily in the cryptocurrency you specify, ensuring a stable income stream in different market environments. CJB Crypto is designed with both novice and experienced users in mind, making it possible to earn passive USDC income safely anytime, anywhere.

    CJB Crypto USDC cloud mining core advantages:

    USDC integrated platform: Complete USDC recharge, purchase, mining and withdrawal in one interface.

    Diversified income options: Supports obtaining income from multiple cryptocurrencies such as BTC, ETH, DOGE, XRP, USDT, SOL, LTC, BCH, etc.

    Intelligent income enhancement: The built-in algorithm automatically directs computing power to the most profitable asset category.

    Pure cloud operation: Say goodbye to physical mining machines and manage them anytime, anywhere through mobile phones or browsers.

    Principal security: The investment principal will be fully returned at the end of the contract, effectively reducing risks.

    Flexible contract solutions to meet different needs:
    CJB Crypto offers a variety of USDC-supported cloud mining contracts to meet short-term trials and long-term investment goals. Each solution focuses on predictable returns, financial security and transparency:
    Experience level: $10 investment (1 day cycle), expected income $0.60 (including $10 registration bonus).

    Basic level: $100 investment (2 day cycle), expected income $3.50.

    Advanced level: $500 investment (5 day cycle), expected income $6.25.

    Standard level: $1,000 investment (10 day cycle), expected income $13.00.

    Professional level: $5,000 investment (30 day cycle), expected income $75.00.

    Whether you are new to crypto or expanding your crypto asset allocation, CJB Crypto’s low-risk, highly transparent contract design is designed to provide you with a stable source of USDC income.

    Why choose CJB Crypto’s USDC mining?

    Extremely convenient: No mining machine or expertise required, just register and start.

    Native USDC experience: Full-process USDC operation, seamless ecological integration.

    Income stability: Intelligent system dynamically adjusts strategy to optimize mining performance.

    Asset flexibility: Focus on USDC income or diversify to mainstream crypto assets such as BTC and ETH.

    Unbounded access: Safely mine remotely through mobile or desktop devices.

    Start your profit journey in three easy steps:

    Quick registration: Create an account and get a $10 start-up gift.

    Choose a plan: Choose the right contract based on your goals (1 to 60 days available).

    Enjoy the benefits: View daily returns and withdraw your favorite currencies on demand.

    Explore USDC mining now: https://cjb.top

    Smart mining of USDC, building a digital future together:

    Since 2016, CJB Crypto has helped millions of users around the world earn passive crypto income through its secure AI cloud mining system. Today, the addition of USDC mining combines professional-grade infrastructure with mass access, allowing everyone to earn stable daily returns using reliable digital dollars.

    “USDC has become a trusted digital currency with its stability, credibility and global popularity,” said a CJB Crypto spokesperson. “Now it has achieved a safe, remote and profitable way to mine. We are committed to removing barriers so that everyone can participate in the development of decentralized finance.”

    Market fluctuations are unpredictable, but your daily mining returns remain constant.

    Learn about the innovative USDC mining solution: https://cjb.top

    The MIL Network –

  • MIL-OSI: JuChain launches $100M Genesis Ark Program to accelerate Web3 Development

    Source: GlobeNewswire (MIL-OSI)

    Layer 1 blockchain establishes comprehensive ecosystem fund with JuCoin Labs and Lavagoose partnerships

    SINGAPORE, July 22, 2025 (GLOBE NEWSWIRE) — JuChain, a high-performance Layer 1 blockchain platform owned by JuCoin, today announced the launch of its $100 million Genesis Ark Program, a comprehensive ecosystem initiative designed to accelerate Web3 innovation. The program includes the establishment of JuChain Foundation and strategic partnerships with JuCoin Labs and Lavagoose to create a dedicated incubator for next-generation blockchain projects.

    The Genesis Ark Program addresses a critical gap in blockchain development: the bridge between promising early-stage projects and sustainable market adoption. With 2-3 second transaction finality and fees under 0.001 JU, JuChain provides the technical infrastructure needed for consumer-scale applications, while the ecosystem fund provides the resources and guidance necessary for project success.

    “Most blockchain ecosystems focus either on technology or funding, but rarely both with equal intensity,” said JuChain’s ecosystem development lead. “The Genesis Ark Program combines JuChain’s traffic-driven infrastructure with comprehensive support that takes projects from concept to millions of users.”

    Three-pillar ecosystem strategy

    JuChain ecosystem fund ($100M) The fund will invest in high-quality projects building on JuChain’s Layer 1 infrastructure, with particular focus on DeFi protocols, real-world asset tokenization, meme coin platforms, and Web3 infrastructure. Selected projects receive funding, technical guidance, marketing support, and direct access to JuChain’s growing user base.

    JuChain foundation establishment. The newly formed JuChain Foundation will oversee ecosystem governance, developer incentives, community building, and technical research funding. The foundation ensures decentralized decision-making and sustainable long-term development of the JuChain ecosystem.

    Strategic partnerships Collaborations with JuCoin Labs and Lavagoose bring proven expertise in blockchain investment and project incubation. These partnerships provide Genesis Ark participants with access to established networks, institutional connections, and operational expertise that typically takes years to develop independently.

    Technical advantages drive adoption

    JuChain’s infrastructure offers compelling advantages for developers building consumer-facing applications:

    • Ultra-fast confirmations: 2-3 second transaction finality enables real-time user experiences
    • Negligible costs: Transaction fees under 0.001 JU make microtransactions economically viable
    • Full EVM compatibility: Ethereum developers can migrate existing projects with minimal code changes
    • Traffic-driven design: Built-in user acquisition mechanisms reduce customer acquisition costs

    “We’ve seen too many promising Web3 projects fail due to poor user experience caused by slow confirmations and high fees,” explained the technical lead. “JuChain solves these fundamental infrastructure problems while our ecosystem fund addresses the business development challenges.”

    Six priority investment areas

    The Genesis Ark Program will prioritize projects in six key sectors:

    1. DeFi innovation: Next-generation financial protocols and yield strategies
    2. Meme launchpad: Community-driven token platforms and viral marketing tools
    3. Stablecoin infrastructure: Payment solutions and stable value protocols
    4. Real-World Assets: Tokenization platforms and on-chain asset management
    5. Web3 infrastructure: Developer tools, data services, and security solutions
    6. Bitcoin ecosystem: Cross-chain bridges and Bitcoin-adjacent applications

    Each investment includes technical integration support, marketing assistance, and a six-month intensive incubation program designed to accelerate time-to-market.

    Application process opens

    Projects can apply through JuChain’s developer portal at juchain.org/developer-support. The program seeks teams with relevant technical backgrounds, innovative market approaches, and commitment to building long-term value within the JuChain ecosystem.
    Selected projects gain access to:

    • Technical support: Free integration assistance and development guidance
    • Marketing resources: JuChain ecosystem promotion and user acquisition support
    • Funding: Seed capital and milestone-based investment
    • Network access: Introductions to strategic partners and institutional investors

    Market positioning

    JuChain positions itself as an “on-chain traffic hub” that aggregates users and directs them to high-quality applications through intelligent algorithms. This approach addresses one of Web3’s biggest challenges: user acquisition. Instead of requiring each project to build audiences from scratch, JuChain provides immediate access to engaged crypto users.

    The platform’s traffic finance model transforms user engagement into tradeable assets, creating sustainable revenue streams beyond traditional transaction fees. This innovation enables entirely new business models for blockchain applications.

    About JuChain

    JuChain is a next-generation Layer 1 blockchain platform designed as an on-chain traffic hub and user growth engine. Through its proprietary JPoSA consensus mechanism and traffic finance model, JuChain provides developers with high-performance infrastructure and built-in user acquisition capabilities. The platform offers 2-3 second transaction finality, fees under 0.001 JU, and full EVM compatibility.

    JuChain is JuCoin’s flagship Layer 1 blockchain, serving as the technical foundation for JuCoin’s comprehensive ecosystem that includes the centralized exchange, JuChat (Web3 super app), JuOne (AI-encrypted smartphone), JuGame (gaming platform), and JuCoin Labs (innovation hub). This integration allows JuChain to provide immediate access to JuCoin’s millions of users while delivering the high-performance infrastructure needed for next-generation decentralized applications.

    Media Contact

    marketing@jucoin.com

    Developer resources

    Application Portal: https://www.juchain.org/en/developer-support
    Twitter: https://x.com/juchain101
    Discord: https://discord.com/invite/juchain

    Contact:
    Nicolas T
    nicolas_t@jucoin.com

    Disclaimer: This content is provided by JuChain. 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.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/a1b3a530-3289-46a3-aa6e-ed17757b0d88

    The MIL Network –

  • MIL-OSI: ALL4 Mining Targets Mass Adoption with Risk-Free Entry and Transparent Mining Returns

    Source: GlobeNewswire (MIL-OSI)

    Jacksonville, Florida, July 22, 2025 (GLOBE NEWSWIRE) — Revolutionizing Digital Asset Mining for the Modern Investor

    Cryptocurrency mining has long been associated with complex setups, massive electricity consumption, and heavy capital requirements. However, ALL4 Mining is changing this outdated narrative by introducing a modern, streamlined solution that empowers both new and seasoned investors to earn consistent daily profits through cloud-based mining. Leveraging clean energy and advanced cloud computing, the platform is making digital mining more sustainable, affordable, and accessible to everyone.

    An Innovative Mining Model for Smarter Investments

    At its core, ALL4 Mining offers an intelligent system that removes the traditional burdens of crypto mining. Users no longer need to worry about purchasing costly hardware, maintaining devices, or paying high electricity bills. Instead, they simply rent computing power via flexible contracts and begin mining cryptocurrencies such as Bitcoin and Dogecoin with ease.
    This model suits a variety of users—from individuals entering the space to large-scale investors seeking to optimize returns without the overhead.

    How ALL4 Mining Works Behind the Scenes

    ALL4 Mining operates through a distributed cloud mining infrastructure. Instead of requiring physical equipment on the user’s end, the platform routes mining tasks to high-performance, secure data centers powered by renewable energy. Here’s a breakdown of how the system operates:

    • Computing Power Rental: Users select a contract based on their budget and profit expectations. The platform allocates corresponding computing resources automatically.
    • Real-Time Tracking: Through an intuitive dashboard, users can monitor their mining progress, daily income, and contract performance in real time.
    • Automated Profit Distribution: Profits are calculated daily and distributed based on the proportion of the user’s investment, ensuring complete transparency and fairness.

    This seamless and automated structure allows users to focus on their investment strategies while the system handles the technical workload.

    Key Benefits of Choosing ALL4 Mining

    ✅ Low Entry Barrier

    Unlike traditional mining operations that require significant capital upfront, ALL4 Mining lowers the threshold significantly. Users can start mining with minimal investment, making it an ideal platform for beginners.

    ✅ Clean, Sustainable Energy Use

    ALL4 Mining relies on green energy sources to power its data centers. This commitment to sustainability not only reduces operational costs but also supports global efforts to minimize carbon emissions in blockchain technology.

    ✅ Flexible Contracts

    The platform offers a variety of computing power packages with different durations and profitability rates. Whether you’re aiming for short-term gains or long-term passive income, there’s a plan tailored to your goals.

    ✅ Enterprise-Grade Security

    The platform employs SSL encryption, firewalls, and real-time risk detection to ensure your assets and personal data remain protected at all times.

    ✅ Dedicated Customer Support

    A knowledgeable support team is available 24/7 to assist users with technical issues, account inquiries, or contract questions, ensuring a smooth experience for all users.

    Who Can Benefit from ALL4 Mining?

    ALL4 Mining is built to serve diverse segments of the crypto community:

    • Individual Investors: Those with limited knowledge or no technical background can still mine top cryptocurrencies using an easy-to-navigate platform.
    • Small Enterprises: Startups and small businesses can generate additional income streams by participating in cloud mining without investing in hardware.
    • Large Mining Pools: Established investors and institutions can significantly scale their operations by leveraging ALL4 Mining’s powerful cloud infrastructure.

    How to Start Earning with ALL4 Mining

    Getting started on ALL4 Mining is fast and simple:

    1. Register an Account: New users receive a $15 welcome bonus immediately upon sign-up.
    2. Daily Check-In Contract: Activate the free daily contract and earn $0.6 per day just by checking in.
    3. Choose a Paid Contract: Recharge your account and select from a variety of flexible packages designed to meet different financial goals.

    Popular Contract Packages Available

    ALL4 Mining offers several attractive contract options. These are tailored to various investor levels:

    BTC basic computing power: investment amount: $100, contract period: 2 days, daily income of $4.0, expiration income: $100 + $8

    LTC [classic computing power contract]: investment amount: $600, contract period: 6 days, daily income of $7.2, expiration income: $600 + $43.2

    BTC [classic computing power contract]: investment amount: $3,000, contract period: 20 days, daily income of $42, expiration income: $3,000 + $840

    DOGE [classic computing power contract]: investment amount: $5,000, contract period: 31 days, daily income of $74, expiration income: $5,000 + $2,294

    BTC [advanced computing power contract]: investment amount: $10,000, contract period: 40 days, daily income of $170, expiration income: $10,000 + $680

    BTC [advanced computing power contract]: investment amount: 50,000 USD, contract period: 48 days, daily income: USD 930, maturity income: USD 50,000 + USD 44,640

    BTC [Super Computing Power Contract]: Investment amount: USD 150,000, contract period: 45 days, daily income: USD 3,000, maturity income: USD 150,000 + USD 135,000

    Large-scale investors can explore premium packages, such as $300,000 contracts, which deliver over $288,000 in profits in just 40 days.

    Each package allows users to earn passive income with zero operational burdens or hidden fees.

    How to Earn $7,050 Daily with ALL4 Mining

    To understand the platform’s profit potential, consider this example:
    A user invests in a BTC Super Computing Contract with a $300,000 value. With a daily return rate of 2.35%, the user earns $7,050 per day.
    In 40 days:

    • Daily Return: $7,050 × 40 = $282,000
    • Total Return: $300,000 + $282,000 = $582,000

    This hands-free earning model demonstrates how ALL4 Mining can generate significant revenue for serious investors.

    Final Thoughts: A Future-Proof Investment Solution

    ALL4 Mining is not just another crypto mining platform—it’s a forward-thinking solution crafted for the evolving world of digital finance. Its combination of renewable energy, cloud computing, flexible contracts, and passive income potential makes it one of the most compelling choices for modern investors.
    Whether you’re looking to supplement your income, diversify your portfolio, or dive into crypto for the first time, ALL4 Mining offers a reliable, sustainable, and highly profitable gateway into the mining world.

    Get started today at: https://all4mining.com/
    Download the app and take control of your financial future.

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    The MIL Network –

  • MIL-OSI: Soitec Held Its Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    SOITEC HELD ITS ANNUAL GENERAL MEETING

    Bernin (Grenoble), France – July 22, 2025 – Soitec (Euronext Paris) held its Annual General Meeting today, chaired by Frédéric Lissalde.

    Shareholders approved in particular the following key items:

    • the Company’s statutory and consolidated financial statements for the 2024-2025 fiscal year, as well as the appropriation of earnings;
    • the re-election of Bpifrance Participations, CEA Investissement, and Fonds Stratégique de Participations as Directors for a term of three years;
    • the compensation components paid or granted to corporate officers for the 2024-2025 fiscal year;
    • the compensation policies for corporate officers for the 2025-2026 fiscal year;
    • various financial authorizations and delegations to the Board of Directors; and
    • several by-law amendments.

    The 27th resolution, concerning the amendment to the article of the bylaws defining the thresholds above which shareholders are required to disclose their shareholding to the Company -a matter for the extraordinary general meeting- received 60.15% of the votes and was therefore not adopted.

    Following the non-renewal of Kai Seikku’s term as a Director, Soitec’s Board of Directors is now composed of 13 members, of whom 45% are women and 64% are independent (excluding the employee Directors).

    Kai Seikku is replaced on the Sustainability Committee by Françoise Chombar.

    The presentation given at the General Meeting and the detailed voting results are available on the Company’s website (www.soitec.com) in the section Investors – Shareholders & Analysts – Shareholders’ General Meetings. The summary of the meeting will be made available shortly in the same section of the Company’s website.

    *****
    About Soitec

    Soitec (Euronext – Tech Leaders), a world leader in innovative semiconductor materials, has been developing cutting-edge products delivering both technological performance and energy efficiency for over 30 years. From its global headquarters in France, Soitec is expanding internationally with its unique solutions, and generated sales of 0.9 billion Euros in fiscal year 2024-2025. Soitec occupies a key position in the semiconductor value chain, serving three main strategic markets: Mobile Communications, Automotive and Industrial, and Edge and Cloud AI. The company relies on the talent and diversity of more than 2,200 employees, representing 50 different nationalities, working at its sites in Europe, the United States and Asia. Nearly 4,300 patents have been registered by Soitec.

    Soitec, SmartSiC™ and Smart Cut™ are registered trademarks of Soitec.

    For more information: https://www.soitec.com/en/ and follow us on LinkedIn and X: @Soitec_Official

    *****

    Media Relations: media@soitec.com

    Investor Relations: investors@soitec.com

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    The MIL Network –

  • MIL-OSI: Lucas GC Limited Regains Compliance with Nasdaq Minimum Bid Price Requirement

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 22, 2025 (GLOBE NEWSWIRE) — Lucas GC Limited (NASDAQ: LGCL) (“Lucas” or the “Company”), an artificial intelligence (the “AI”) technology-driven Platform-as-a-Service (the “PaaS”) company whose technologies have been applied to the human resources, insurance and wealth management industry verticals, today announced that it has received a notification letter (“Compliance Notice”)from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) dated July 21, 2025, informing the Company that it has regained compliance with the minimum bid price requirement set forth under the Nasdaq Listing Rule 5550(a)(2) (“Minimum Bid Price Requirement”).

    As previously announced, the Company was notified by Nasdaq on January 15, 2025 that the Company’s ordinary shares failed to maintain a minimum bid price of US$1.00 over the previous 30 consecutive business days.

    According to the Compliance Notice, the Company regained compliance with the Minimum Bid Price Requirement because the closing bid price of the Company’s ordinary shares has been at US$1.00 per share or greater for 20 consecutive business days, from June 20, 2025 to July 18, 2025, and the matter is now closed.

    About Lucas GC Limited

    With 19 granted U.S. and Chinese patents and over 75 registered software copyrights in the AI, data analytics and blockchain technologies, Lucas GC Limited is an AI technology-driven PaaS company with over 780,320 agents working on its platform. Lucas’ technologies have been applied to the human resources and insurance industry verticals. For more information, please visit: https://www.lucasgc.com/.

    Forward-Looking Statements

    Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements.” The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the uncertainties related to market conditions. Any forward-looking statements contained in this press release speak only as of the date hereof, and Lucas GC Limited specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.

    For Investor Inquiries and Media Contact:
    https://www.lucasgc.com/
    ir@lucasgc.com
    T: 818-741-0923

    The MIL Network –

  • MIL-OSI: Lucas GC Limited Regains Compliance with Nasdaq Minimum Bid Price Requirement

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 22, 2025 (GLOBE NEWSWIRE) — Lucas GC Limited (NASDAQ: LGCL) (“Lucas” or the “Company”), an artificial intelligence (the “AI”) technology-driven Platform-as-a-Service (the “PaaS”) company whose technologies have been applied to the human resources, insurance and wealth management industry verticals, today announced that it has received a notification letter (“Compliance Notice”)from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) dated July 21, 2025, informing the Company that it has regained compliance with the minimum bid price requirement set forth under the Nasdaq Listing Rule 5550(a)(2) (“Minimum Bid Price Requirement”).

    As previously announced, the Company was notified by Nasdaq on January 15, 2025 that the Company’s ordinary shares failed to maintain a minimum bid price of US$1.00 over the previous 30 consecutive business days.

    According to the Compliance Notice, the Company regained compliance with the Minimum Bid Price Requirement because the closing bid price of the Company’s ordinary shares has been at US$1.00 per share or greater for 20 consecutive business days, from June 20, 2025 to July 18, 2025, and the matter is now closed.

    About Lucas GC Limited

    With 19 granted U.S. and Chinese patents and over 75 registered software copyrights in the AI, data analytics and blockchain technologies, Lucas GC Limited is an AI technology-driven PaaS company with over 780,320 agents working on its platform. Lucas’ technologies have been applied to the human resources and insurance industry verticals. For more information, please visit: https://www.lucasgc.com/.

    Forward-Looking Statements

    Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements.” The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the uncertainties related to market conditions. Any forward-looking statements contained in this press release speak only as of the date hereof, and Lucas GC Limited specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.

    For Investor Inquiries and Media Contact:
    https://www.lucasgc.com/
    ir@lucasgc.com
    T: 818-741-0923

    The MIL Network –

  • MIL-OSI Europe: €3.68 Billion Funding Under National Development Plan to Power Irish Enterprise, Innovation, and Tourism

    Source: Government of Ireland – Department of Jobs Enterprise and Innovation

    22nd July 2025

    The Department of Enterprise, Tourism and Employment (DETE) has announced €3.68 billion in funding under the National Development Plan (NDP) to support transformative enterprise, innovation and tourism programmes through to 2030. The enhanced capital allocation, which includes €400 million in additional funding, has been designed to support Irish enterprises to start up, grow and scale internationally, to drive the competitiveness and productivity of businesses across every region of the country, to provide for the delivery of supports to attract inward investment, to support access to finance and to position Ireland as a destination of choice for tourism through product development and overseas marketing. 

    The funding will enable the Department and its Agencies to invest directly in Irish companies and to strengthen our indigenous base, in the face of potential geopolitical shocks.  This will include new investment funds to support Irish companies where there is currently a funding gap and where business financing can be challenged.  Funding will also enable the development of a national start-up accelerator programme, development of regional incubators and enterprise centres and the positioning of Ireland internationally as a hub for entrepreneurs and start-ups.

    Highlighting the ambition set out in this funding, Minister for Enterprise, Employment and Tourism Peter Burke said, 

    “This €3.68 billion investment is the linchpin in Ireland’s vision to be a global leader in enterprise, innovation and entrepreneurship. It will enable my department to continue its delivery of capital schemes to businesses, focusing on jobs and enterprise development, innovation and tourism programmes, including utilisation of the full extent of income earned by the Department’s Agencies. We find ourselves in uncertain times when it comes to the global marketplace, and we must ensure our investment is well targeted and our family businesses and exporters are supported to focus on productivity, competitiveness and diversification. 

    Importantly, this funding will also ensure that all Irish businesses, large, small and medium, have the support they need to grow, scale and compete internationally, while also attracting the next generation of foreign direct investment to our shores

    Funding will fuel innovation-specific actions to align with opportunities arising at EU level in pursuit of EU innovation and competitiveness, as well as key European funding. “

    Key priorities include continued inward investment with funding to purchase two land banks for the development of Next Generation Sites. These sites will attract companies seeking sites of significant scale and will position Ireland to compete for investment and strengthen competitive advantage globally.

    In respect of the tourism sector, additional funding will increase product development and SME support, targeting new high-growth tourism segments and increased marketing of Ireland as a tourism destination overseas. Funding will also be directed into delivering new Regional Enterprise Plans, helping realise regional enterprise development. 

    Minister of State for Small Business, Retail and Employment Alan Dillon noted how funding would result in a direct investment in jobs, resilience and regional economic development, 

    “This funding represents a powerful investment in Ireland’s future, not just in capital, but in people, ideas, and communities. By expanding support for regional incubators, enterprise centres, and a national start-up accelerator, we’re equipping small businesses, retailers, and entrepreneurs across the country with the tools they need to thrive.

    It’s about unlocking potential by helping Irish companies scale, compete globally, and create high-quality jobs. It’s also about resilience, strengthening local economies and ensuring every region can share in the opportunities of innovation and growth. This is a real boost for enterprise, employment, and regional development.”

    Minister of State for Trade Promotion, Artificial Intelligence and Digital Transformation Niamh Smyth went on to say, 

    “Beyond traditional enterprise, we’re exponentially scaling Ireland’s deep‑tech ecosystem and stepping up to be a serious player in the global innovation economy. This funding will power national participation in strategic sectors such as Important Projects of Common European Interest and accelerate R&D in cutting-edge sectors, including microelectronics and advanced tech. We’re building an ecosystem where AI, digital innovation and technological entrepreneurship can flourish.”

    The NDP funding will enhance the Department’s 2025 base of €3.28 billion and will be fully supplemented by income generated by its agencies. It will empower the Department and its agencies to invest strategically in scaling Irish companies, attracting major international investment, advancing national start-up infrastructure, and delivering cutting-edge research and development aligned with EU priorities. Further programme details will be outlined in the Department’s Competitiveness and Productivity Action Plan, to be published in September.

    ENDS

    EDITORS NOTES 

    Capital schemes include:

    • Next‑Generation Sites: Land acquisition for large-scale NextGen sites to attract significant foreign investment.
    • Irish Enterprise & Tourism: Scaling of Irish businesses via a new scaling fund, technology centre expansion, a national start-up accelerator, regional incubators, and tourism competitiveness support.
    • Innovation & IP: Boosting Ireland’s participation in EU Important Projects of Common European Interest (IPCEIs), especially microelectronics and advanced tech, backed by strong IP policy frameworks.

    For further information please contact Press Office, Department of Enterprise, Tourism and Employment, press.office@enterprise.gov.ie or (01) 631-2200

    Back to Department News

    Back to Top

    MIL OSI Europe News –

  • MIL-OSI: Mobile vs. Machine: BAY Miner Redefines BTC and XRP Mining in the Post-Halving Era

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 22, 2025 (GLOBE NEWSWIRE) — With the post-halving reality of Bitcoin now set in, and XRP continuing to gain momentum in institutional finance, BAY Miner has emerged as a revolutionary platform that brings together two realms: new cloud mining and mobile access. The platform is changing the way both novices and experienced investors mine crypto by providing an easy, rapid, and flexible method to earn digital assets.

    The Post-Halving Shift: A New Mining Landscape

    Bitcoin halving will occur in April 2024 in which block rewards will be reduced from 6.25 BTC to 3.125 BTC which will create a more historically difficult environment for mining. Conventional miners will be facing reduced margins and higher fixed costs and will face more competition from other miners competing for the same pool of BTC rewards. Advantageous conditions of mining have gone away and in today’s environment, efficiency, flexibility and accessibility are must-haves not nice-to-haves if you want to be competitive as a miner. 

    BAY Miner’s cloud-based ecosystem provides an opportunity to participate in BTC and XRP mining at little to no hardware, technical know-how or large up-front payments.  The concept is to create a more efficient, intelligent (decentralized) mining solution and ecosystem supporting a BTC and XRP mining landscape for a miner after the halving.

    Democratizing Mining: Power in Your Pocket

    BAY Miner’s mission is clear—make crypto mining accessible to everyone, not just those with warehouses of hardware. Through its mobile-first platform, users can mine Bitcoin and XRP from anywhere in the world with nothing more than a smartphone and an internet connection.

    Mining should be open to all, regardless of tech background or budget. We’ve built a platform that turns crypto mining into a tap-and-earn experience—secure, scalable, and user-friendly.

    Unlike traditional mining setups that demand expensive rigs and constant maintenance, BAY Miner delivers passive income through intelligent cloud contracts. Everything happens in the background—users just watch their balance grow daily.

    How It Works: Cloud Mining, Simplified

    Cloud mining through BAY Miner eliminates the need for physical infrastructure. Users lease computing power from professional data centers operated by BAY Miner, which are equipped with high-performance GPUs and ASIC hardware in countries like the UAE, Canada, and the U.S.

    These centers handle all technical operations. Meanwhile, users control everything from the app—select contracts, monitor returns, and withdraw profits at their convenience.

    BAY Miner Platform Highlights:

    • Mobile-First Interface: Available on Android and iOS for 24/7 access
    • AI-Powered Allocation: Smart algorithms optimize mining performance across multiple pools
    • Support for XRP & BTC: You mine 2 assets and gain 2 streams of earnings
    • Instant Withdrawals: Your profits are paid electronically directly to your wallet (there are no lock-in periods)
    • Safety facility: Enterprise-level safety – complete with global regulatory compliance
    • Support: Access support 24/7 with multilingual agents supportive era very easy to work with customers.

    Post-Halving Mining Strategies: BAY Miner’s Smart Contracts

    Post-halving mining demands smarter strategies and more efficient use of computing resources. BAY Miner achieves this with a variety of customizable contracts suited for different budgets and timelines.

    Popular Mining Plans:

    • BTC Starter Contract
      Investment: $100
      Duration: 2 Days
      Daily Return: $4.00
      Total Return: $108
    • XRP Growth Contract
      Investment: $600
      Duration: 6 Days
      Daily Return: $7.26
      Total Return: $643.56
    • BTC Premium Contract
      Investment: $3,000
      Duration: 10 Days
      Daily Return: $42.50
      Total Return: $3,425

    These packages are designed to offer quick ROI while allowing users to reinvest or diversify based on current market trends. Every contract is backed by BAY Miner’s AI engine, which ensures optimal performance—even when the market fluctuates.

    Why BAY Miner Leads in 2025

    In a saturated market of mining platforms, BAY Miner stands out by combining trust, transparency, and technology. It’s more than just a mining app—it’s a financial tool designed for modern crypto users.

    Key Differentiators:

    • Regulatory Compliance: Licensed operations across key global jurisdictions
    • Transparent Earnings: Real-time monitoring of profits, energy allocation, and contract status
    • Referral Rewards: Incentives for sharing the platform with your network
    • Sustainable Mining: Eco-conscious energy sources power BAY Miner’s facilities

    Users can feel confident that their mining activities are both profitable and ethical.

    Getting Started: Mine Smarter, Not Harder

    The onboarding process is quick and intuitive:

    Step 1: Download the BAY Miner app from Google Play or the App Store
    Step 2: Register using your email or crypto wallet
    Step 3: Choose a contract that fits your investment goal
    Step 4: Start mining immediately—no waiting, no approvals
    Step 5: Track your returns and withdraw your earnings anytime

    Within minutes, users can begin generating passive crypto income with zero complexity.

    The Future of Crypto Mining Is Here

    As BTC and XRP keep playing essential parts in global digital finance, firms such as BAY Miner will shape the future of mining. In a world with a focus on energy efficiency, decentralization, and access, BAY Miner will show the world how mining can be powerful and personal.

    No bulky machines. No technical barriers. Just intelligent mining—made for mobile.

    Official Website: https://www.bayminer.com/
    Contact Email: support@bayminer.com
    App Download: Android & iOS

    Start your cloud mining journey today with BAY Miner. The digital gold rush is back—this time, it fits in your pocket.

    Attachment

    The MIL Network –

  • MIL-OSI: ODYSIGHT.AI AND A MULTINATIONAL TECHNOLOGY GROUP SIGN STRATEGIC COLLABORATION AGREEMENT AIMED TO DEPLOY PREDICTIVE MAINTENANCE CAPABILITIES ACROSS MULTIPLE PLATFORMS

    Source: GlobeNewswire (MIL-OSI)

    OMER, Israel, July 22, 2025 (GLOBE NEWSWIRE) — Odysight.AI Inc. (NASDAQ: ODYS) is proud to announce a commercial collaboration agreement with a multinational technology group to deploy one or more proof-of-concepts using Odysight.AI’s systems. The initial deployment will focus on select heavy vehicles across the fields of defense, mining, agriculture and heavy autonomous vehicle sectors. This collaboration marks a significant milestone, aimed to expand Odysight.AI’s predictive maintenance technology beyond the aviation vertical at scale in the multinational technology group’s line of products.

    The collaboration agreement follows successful trials of Odysight.AI’s system on a critical aviation component manufactured by the global partner and tested under extreme conditions. The trials, conducted at advanced facilities worldwide, validated the system’s robust performance under prolonged stress and harsh environments, confirming its unique value in challenging operational contexts.

    Following the success of the trials, both parties are already exploring expanded deployments in aviation in addition to heavy vehicles with broader collaborative opportunities across a wide range of customers and use cases. Integration of the Odysight.AI solution is expected to provide real-time monitoring and predictive analytics designed to enhance platform safety, reduce maintenance demands, reduce costs and improve overall operational efficiency across the partner’s product lines.

    “As a trusted supplier to leading aerospace and mobility platform manufacturers, our global partner is known for innovation and quality,” said Yehu Ofer, CEO of Odysight.AI. “Their decision to partner with us and lead customer demonstrations is a strong vote of confidence in our technology. This agreement reflects our shared commitment to driving smarter, safer, and more sustainable operations across industries, verticals and target markets at scale.”

    Our global partner plays a key role in delivering engineered materials and smart solutions for mobility and energy applications, as well as high-performance industrial technologies, with aerospace among its core technological pillars. Strongly aligned with our strategic focus on safety, operational efficiency, and technological sophistication in defense mobility, we believe this collaboration with our global partner enhances their offering with advanced predictive maintenance capabilities, which can help customers prevent failures and avoid costly downtime.

    About Odysight.AI

    Odysight.AI is pioneering the Predictive Maintenance (PdM) and Condition Based Monitoring (CBM) markets with its visualization and AI platform. Providing video sensor-based solutions for critical systems in the aviation, transportation, and energy industries, Odysight.AI leverages proven visual technologies and products from the medical industry. Odysight.AI’s unique video-based sensors, embedded software, and AI algorithms are being deployed in hard-to-reach locations and harsh environments across a variety of PdM and CBM use cases. Odysight.AI’s platform allows maintenance and operations teams visibility into areas which are inaccessible under normal operation, or where the operating ambience is not suitable for continuous real-time monitoring. For more information, please visit: https://www.Odysight.AI or follow us on Twitter, LinkedIn and YouTube.

    Forward-Looking Statements

    Information set forth in this news release contains forward-looking statements within the meaning of safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to future events or our future performance. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, but not limited to, statements regarding the Company’s expectations regarding its collaboration with a multinational technology group. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other comparable terminology. Those statements are based on information we have when those statements are made or our management’s current expectation and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward- looking statements. Factors that may affect our results, performance, circumstances or achievements include, but are not limited to the following: (i) market acceptance of our existing and new products, including those that utilize our micro Odysight.AI technology or offer Predictive Maintenance and Condition Based Monitoring applications, (ii) lengthy product delays in key markets, (iii) an inability to secure regulatory approvals for the sale of our products, (iv) intense competition in the medical device and related industries from much larger, multinational companies, (v) product liability claims, product malfunctions and the functionality of Odysight.AI’s solutions under all environmental conditions, (vi) our limited manufacturing capabilities and reliance on third-parties for assistance, (vii) an inability to establish sales, marketing and distribution capabilities to commercialize our products, (viii) an inability to attract and retain qualified personnel, (ix) our efforts obtain and maintain intellectual property protection covering our products, which may not be successful, (x) our reliance on a single customer that accounts for a substantial portion of our revenues, (xi) our reliance on single suppliers for certain product components, including for miniature video sensors which are suitable for our Complementary Metal Oxide Semiconductor technology products, (xii) the fact that we will need to raise additional capital to meet our business requirements in the future and that such capital raising may be costly, dilutive or difficult to obtain, (xiii) the impact of computer system failures, cyberattacks or deficiencies in our cybersecurity, (xiv) the fact that we conduct business in multiple foreign jurisdictions, exposing us to foreign currency exchange rate fluctuations, logistical, global supply chain and communications challenges, burdens and costs of compliance with foreign laws and political and economic instability in each jurisdiction and (xv) political, economic and military instability in Israel, including the impact of Israel’s war against Hamas, Hezbollah and Iran. These and other important factors discussed in Odysight.AI’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 26, 2025, and our other reports filed with the SEC could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Except as required under applicable securities legislation, Odysight.AI undertakes no obligation to publicly update or revise forward-looking information.

    Company Contact:

    Einav Brenner, CFO
    info@Odysight.AI

    Investor Relations Contact:
    Miri Segal
    MS-IR LLC
    msegal@ms-ir.com
    Tel: +1-917-607-8654

    The MIL Network –

  • MIL-OSI: PSB Holdings, Inc. Reports Record Quarterly Earnings of $0.89 Per Diluted Share; Net Interest Margin Improves For Fifth Consecutive Quarter

    Source: GlobeNewswire (MIL-OSI)

    WAUSAU, Wis., July 22, 2025 (GLOBE NEWSWIRE) — PSB Holdings, Inc. (“PSB”) (OTCQX: PSBQ), the holding company for Peoples State Bank (“Peoples”) serving Northcentral and Southeastern Wisconsin reported second quarter earnings ending June 30, 2025 up 48% relative to the prior quarter to $0.89 per diluted common share on net income of $3.8 million, compared to $0.60 per diluted common share on net income of $2.6 million during the first quarter ending March 31, 2025, and $0.56 per diluted common share on net income of $2.4 million during the second quarter ending June 30, 2024.

    PSB’s second quarter 2025 operating results reflected the following changes from the first quarter of 2025: (1) a stronger net interest margin as asset yields rose; (2) higher non-interest income from higher mortgage banking income; and (3) lower non-interest expenses due to lower salaries and employee benefit expenses.

    “We are proud to report record earnings for the second quarter, highlighted by an improving net interest margin and cost controls that have lowered our non-interest expenses and improved our efficiency ratio to 63%. Over the past year, we increased tangible book value per share by 13.1% while paying $0.64 per share in dividends to our shareholders. As loans continue to reprice at higher rates and new loans are originated at higher levels than current yields, we expect our net interest margin to continue to expand from current levels. While non-performing assets have grown, they represent a small number with special circumstances, and we expect favorable resolutions for certain significant non-performing assets by the end of the calendar year,” stated Scott Cattanach, President and CEO.

    June 30, 2025, Highlights:

    • Net interest income increased $470,000 to $10.7 million for the quarter ended June 30, 2025, from $10.3 million for the quarter ended March 31, 2025, due in part to higher yields on loans and one additional day during the quarter.
    • Noninterest income increased $230,000 to $2.1 million for the quarter ended June 30, 2025, compared to $1.9 million the prior quarter due primarily to higher mortgage banking revenues.
    • Noninterest expenses decreased $776,000 to $8.2 million during the quarter ended June 30, 2025 from $9.0 million for the quarter ended March 31, 2025, reflecting lower salary and benefit expenses.
    • Net loans increased $12.9 million, or 1% in the second quarter ended June 30, 2025, to $1.11 billion compared to March 31, 2025, largely due to increased commercial line usage. Allowance for credit losses remained at 1.12% of gross loans.
    • Non-performing assets increased $2.6 million to $15.6 million, or 1.04% of total assets at June 30, 2025 compared to the previous quarter. One existing non-performing loan relationship increased during the quarter as an additional loan in this relationship was moved to non-performing status. The underlying security of these loans is undergoing a sales process by the owner. Additionally, an unrelated new loan relationship was added to non-performing status.
    • Total deposits increased $47.5 million to $1.18 billion at June 30, 2025 from $1.13 billion at March 31, 2025, with the increase largely consisting of non-interest bearing demand deposits and time deposits with balances greater than $250,000. Core deposits increased $32.3 million while brokered deposits decreased $13.7 million. A portion of the overall deposit increase relates to an established customer making a large time deposit near the end of the quarter.
    • Return on average tangible common equity was 13.11% for the quarter ended June 30, 2025, compared to 9.21% the prior quarter and 9.34% in the year ago quarter.
    • Tangible book value per common share was up 13.1% over the past year to $27.77 at June 30, 2025, compared to $24.55 at June 30, 2024. Additionally, PSB paid dividends totaling $0.64 per share during the past year.

    Balance Sheet and Asset Quality Review

    Total assets increased $46.8 million during the second quarter to $1.51 billion at June 30, 2025, compared to $1.46 billion at March 31, 2025. Cash and cash equivalents increased $34.9 million to $57.5 million at June 30, 2025 from $22.7 million at March 31, 2025 as new deposits replenished reserves used to fund new loans. Investment securities available for sale increased $1.7 million to $184.3 million at June 30, 2025, from $182.6 million one quarter earlier.

    Gross loans receivable increased $10.7 million to $1.15 billion at June 30, 2025, compared to one quarter earlier, due primarily to increased commercial & industrial lending. Commercial & industrial loans increased $11.2 million to $135.3 million at June 30, 2025, and commercial real estate loans increased $3.6 million to $566.5 million at June 30, 2025, compared to three months earlier. Commercial real estate construction and development loans decreased $9.2 million to $77.9 million at June 30, 2025, while residential real estate loans increased $3.3 million from the prior quarter to $337.1 million. Agricultural loans increased $1.6 million to $13.2 million at June 30, 2025 compared to three months earlier. The loan portfolio remains well diversified with commercial real estate and construction loans totaling 56.1% of gross loans, followed by residential real estate loans at 29.4% of gross loans, commercial non-real estate loans at 14.1% and consumer loans at 0.4%.

    The allowance for credit losses remained at 1.12% of gross loans at June 30, 2025 while annualized net charge-offs to average loans were zero for the quarter ended June 30, 2025. Non-performing assets increased $2.6 million to $15.6 million, or 1.04% of total assets at June 30, 2025 up from 0.89% at March 31, 2025. The increase reflects a loan relationship that was non-performing in the prior quarter having an additional loan move to non-performing status in the second quarter and a separate loan relationship within the timber industry where the customer has experienced irregular cashflows. Approximately 80% of the non-performing assets consisted of five loan relationships.

    Total deposits increased 4% quarter over quarter, with 23% of the deposit portfolio being uninsured at June 30th. Overall, core deposits increased $32.3 million during the quarter while brokered deposits decreased $13.7 million.

    At June 30, 2025, non-interest bearing demand deposits increased to 23.6% of total deposits from 21.7% the prior quarter, while interest-bearing demand and savings deposits decreased to 27.4% at June 30, 2025 from 29.4% one quarter earlier. The additional deposit inflow helped to decrease FHLB advances during the quarter by $4.3 million and brokered deposits by $13.7 million.

    Tangible stockholder equity as a percentage of total tangible assets decreased to 7.95% at June 30, 2025, compared to 8.05% at March 31, 2025, and 7.32% at June 30, 2024.

    Tangible net book value per common share increased $3.22 during the quarter to $27.77, at June 30, 2025 compared to $24.55 one year earlier, an increase of 13.1% after dividends of $0.64 were paid to shareholders. Relative to the prior quarter’s tangible book value per common share of $26.94, tangible net book value per common share increased primarily due to earnings and an increase in the fair market value of the investment portfolios. The accumulated other comprehensive loss on the investment portfolio was $15.8 million at June 30, 2025, compared to $16.7 million one quarter earlier.

    Operations Review

    Net interest income increased to $10.7 million (on a net margin of 3.09%) for the second quarter of 2025, from $10.3 million (on a net margin of 3.03%) for the first quarter of 2025, and increased from $9.4 million (on a net margin of 2.84%) for the second quarter of 2024. The higher net interest income in the current period primarily relates to higher loan yields during the quarter. Earning asset yields increased to 5.40% during the second quarter of 2025 from 5.35% the prior period and cost of funds increased four basis points to 3.06% compared to 3.02% during the first quarter of 2025. Relative to one year earlier, earning asset yields were up 19 basis points while the overall cost of funds was flat.

    The increase in earning asset yields was due to higher yields on loan originations, loan renewals and security repricing. Loan yields increased during the second quarter of 2025 to 5.91% from 5.82% for the first quarter of 2025. Taxable security yields on a smaller average balance relative to the prior quarter were 3.24% for the quarter ended June 30, 2025, compared to 3.35% for the quarter ended March 31, 2025, while tax-exempt security yields remained at 3.35% for the quarter ended June 30, 2025.

    Total noninterest income increased $230,000 during the second quarter of 2025 to $2.1 million. An increase of $161,000 in mortgage banking income during the quarter accounted for the majority of the change.

    Noninterest expenses decreased $776,000 to $8.2 million for the second quarter of 2025, compared to $9.0 million for the first quarter of 2025, and decreased $202,000 from $8.4 million for the second quarter of 2024. On a linked quarter basis, salary and benefits expense decreased $474,000 as the first quarter results reflected an increase in variable commercial sales incentive expense. Occupancy and facilities costs decreased $67,000, data processing and other office operation expenses decreased $12,000, a gain on the sale of foreclosed real estate was $58,000 and various other noninterest expenses decreased $225,000 during the second quarter ended June 30, 2025. Partially offsetting the expense reductions was an increase in advertising and promotion expenses of $60,000.

    Income taxes increased $279,000 during the second quarter to $752,000, from $473,000 one quarter earlier on higher income levels. The effective tax rate for the quarter ended June 30, 2025, was 16.6% compared to 15.6% for the first quarter ended March 31, 2025.

    About PSB Holdings, Inc.

    PSB Holdings, Inc. is the parent company of Peoples State Bank. Peoples is a community bank headquartered in Wausau, Wisconsin, serving northcentral and southeastern Wisconsin from twelve full-service banking locations in Marathon, Oneida, Vilas, Portage, Milwaukee and Waukesha counties. Peoples also provides investment and insurance products, along with retirement planning services, through Peoples Wealth Management, a division of Peoples. PSB Holdings, Inc. is traded under the stock symbol PSBQ on the OTCQX Market. More information about PSB, its management, and its financial performance may be found at www.psbholdingsinc.com.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current expectations, estimates and projections about PSB’s business based, in part, on assumptions made by management and include, without limitation, statements with respect to the potential growth of PSB, its future profits, expected stock repurchase levels, future dividend rates, future interest rates, and the adequacy of its capital position. Forward-looking statements can be affected by known and unknown risks, uncertainties, and other factors, including, but not limited to, strength of the economy, the effects of government policies, including interest rate policies, risks associated with the execution of PSB’s vision and growth strategy, including with respect to current and future M&A activity, and risks associated with global economic instability. The forward-looking statements in this press release speak only as of the date on which they are made and PSB does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

     
    PSB Holdings, Inc.
    Consolidated Balance Sheets
    June 30, and March 31, 2025, September 30, and June 30, 2024, unaudited, December 31, 2024 derived from audited financial statements
                 
        Jun. 30, Mar. 31, Dec. 31, Sep. 30, Jun. 30,
    (dollars in thousands, except per share data)     2025     2025     2024     2024     2024  
                 
    Assets            
                 
    Cash and due from banks   $ 23,022   $ 19,628   $ 21,414   $ 23,554   $ 16,475  
    Interest-bearing deposits     2,890     702     3,724     5,126     251  
    Federal funds sold     31,624     2,351     15,360     58,434     69,249  
                 
    Cash and cash equivalents     57,536     22,681     40,498     87,114     85,975  
    Securities available for sale (at fair value)     184,320     182,594     189,086     174,911     165,177  
    Securities held to maturity (fair values of $75,016, $77,375, $79,654, $82,389 and $79,993 respectively)     83,123     85,373     86,748     86,847     86,825  
    Equity securities     2,885     2,847     2,782     1,752     1,661  
    Loans held for sale     349     734     217     –     2,268  
    Loans receivable, net (allowance for credit losses of $12,553, $12,392, $12,342, $12,598 and $12,597 respectively)     1,109,296     1,096,422     1,078,204     1,057,974     1,074,844  
    Accrued interest receivable     5,006     5,184     5,042     4,837     5,046  
    Foreclosed assets     –     300     –     –     –  
    Premises and equipment, net     13,397     13,522     13,805     14,065     14,048  
    Mortgage servicing rights, net     1,684     1,717     1,742     1,727     1,688  
    Federal Home Loan Bank stock (at cost)     9,297     8,825     8,825     8,825     8,825  
    Cash surrender value of bank-owned life insurance     25,067     24,897     24,732     24,565     24,401  
    Core deposit intangible     330     353     195     212     229  
    Goodwill     3,495     3,495     2,541     2,541     2,541  
    Other assets     10,832     10,828     11,539     10,598     12,111  
                 
    TOTAL ASSETS   $ 1,506,617   $ 1,459,772   $ 1,465,956   $ 1,475,968   $ 1,485,639  
                 
    Liabilities            
                 
    Non-interest-bearing deposits   $ 277,239   $ 245,672   $ 259,515   $ 265,078   $ 250,435  
    Interest-bearing deposits     900,303     884,364     887,834     874,035     901,886  
                 
    Total deposits     1,177,542     1,130,036     1,147,349     1,139,113     1,152,321  
                 
    Federal Home Loan Bank advances     165,950     170,250     162,250     181,250     184,900  
    Other borrowings     6,250     6,343     6,872     6,128     5,775  
    Senior subordinated notes     4,784     4,783     4,781     4,779     4,778  
    Junior subordinated debentures     13,075     13,049     13,023     12,998     12,972  
    Allowance for credit losses on unfunded commitments     622     672     672     477     477  
    Accrued expenses and other liabilities     15,118     13,554     14,723     12,850     13,069  
                 
    Total liabilities     1,383,341     1,338,687     1,349,670     1,357,595     1,374,292  
                 
    Stockholders’ equity            
                 
    Preferred stock – no par value:            
    Authorized – 30,000 shares; Issued – 7,200 shares            
    Outstanding – 7,200 shares, respectively     7,200     7,200     7,200     7,200     7,200  
    Common stock – no par value with a stated value of $1.00 per share:            
    Authorized – 18,000,000 shares; Issued – 5,490,798 shares            
    Outstanding – 4,041,573, 4,084,708, 4,092,977, 4,105,594 and 4,128,382 shares, respectively     1,830     1,830     1,830     1,830     1,830  
    Additional paid-in capital     8,659     8,608     8,610     8,567     8,527  
    Retained earnings     144,548     142,277     139,838     138,142     135,276  
    Accumulated other comprehensive income (loss), net of tax     (15,764 )   (16,692 )   (19,314 )   (15,814 )   (20,503 )
    Treasury stock, at cost – 1,449,225, 1,406,090, 1,397,821, 1,385,204 and 1,362,416 shares, respectively     (23,197 )   (22,138 )   (21,878 )   (21,552 )   (20,983 )
                 
    Total stockholders’ equity     123,276     121,085     116,286     118,373     111,347  
                 
    TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY   $ 1,506,617   $ 1,459,772   $ 1,465,956   $ 1,475,968   $ 1,485,639  
    PSB Holdings, Inc.
    Consolidated Statements of Income
                     
        Quarter Ended Six Months Ended
    (dollars in thousands,   Jun. 30, Mar. 31, Dec. 31, Sep. 30, Jun. 30, June
    except per share data – unaudited)     2025     2025     2024     2024     2024     2025     2024  
                     
    Interest and dividend income:                
    Loans, including fees   $ 16,510   $ 15,782   $ 15,646   $ 15,634   $ 15,433   $ 32,292   $ 30,542  
    Securities:                
    Taxable     1,566     1,641     1,545     1,345     1,295     3,207     2,492  
    Tax-exempt     506     517     522     522     521     1,023     1,047  
    Other interest and dividends     332     345     948     699     265     677     608  
                     
    Total interest and dividend income     18,914     18,285     18,661     18,200     17,514     37,199     34,689  
                     
    Interest expense:                
    Deposits     5,934     5,884     6,027     5,905     5,838     11,818     11,920  
    FHLB advances     1,899     1,792     1,890     2,038     1,860     3,691     3,310  
    Other borrowings     48     47     57     57     58     95     118  
    Senior subordinated notes     58     59     59     59     58     117     117  
    Junior subordinated debentures     250     248     252     252     255     498     506  
                     
    Total interest expense     8,189     8,030     8,285     8,311     8,069     16,219     15,971  
                     
    Net interest income     10,725     10,255     10,376     9,889     9,445     20,980     18,718  
    Provision for credit losses     110     117     –     –     100     227     195  
                     
    Net interest income after provision for credit losses     10,615     10,138     10,376     9,889     9,345     20,753     18,523  
                     
    Noninterest income:                
    Service fees     366     358     362     367     350     724     686  
    Mortgage banking income     411     250     414     433     433     661     741  
    Investment and insurance sales commissions     335     326     226     230     222     799     343  
    Net loss on sale of securities     –     (1 )   (511 )   –     –     661     (495 )
    Increase in cash surrender value of life insurance     170     163     166     165     159     (1 )   316  
    Other noninterest income     814     770     620     648     742     1,584     1,359  
                     
    Total noninterest income     2,096     1,866     1,277     1,843     1,906     3,962     2,950  
                     
    Noninterest expense:                
    Salaries and employee benefits     4,828     5,302     4,691     4,771     5,167     10,130     10,290  
    Occupancy and facilities     719     786     691     757     733     1,505     1,454  
    Loss (gain) on foreclosed assets     (58 )   –     –     1     –     (58 )   –  
    Data processing and other office operations     1,189     1,201     1,111     1,104     1,047     2,390     2,069  
    Advertising and promotion     189     129     141     164     171     318     300  
    Core deposit intangible amortization     23     23     17     17     20     46     44  
    Other noninterest expenses     1,303     1,528     1,351     1,337     1,257     2,831     2,563  
                     
    Total noninterest expense     8,193     8,969     8,002     8,151     8,395     17,162     16,720  
                     
    Income before provision for income taxes     4,518     3,035     3,651     3,581     2,856     7,553     4,753  
    Provision for income taxes     752     473     524     593     410     1,225     579  
                     
    Net income   $ 3,766   $ 2,562   $ 3,127   $ 2,988   $ 2,446   $ 6,328   $ 4,174  
    Preferred stock dividends declared   $ 122   $ 122   $ 122   $ 122   $ 122   $ 244   $ 244  
                     
    Net income available to common shareholders   $ 3,644   $ 2,440   $ 3,005   $ 2,866   $ 2,324   $ 6,084   $ 3,930  
    Basic earnings per common share   $ 0.90   $ 0.60   $ 0.73   $ 0.69   $ 0.56   $ 1.49   $ 0.95  
    Diluted earnings per common share   $ 0.89   $ 0.60   $ 0.73   $ 0.69   $ 0.56   $ 1.49   $ 0.95  
    PSB Holdings, Inc.
    Quarterly Financial Summary
     
    (dollars in thousands, except per share data)   Quarter ended
        Jun. 30, Mar. 31, Dec. 31, Sep. 30, Jun. 30,
    Earnings and dividends:     2025     2025     2024     2024     2024  
                 
    Interest income   $ 18,914   $ 18,285   $ 18,661   $ 18,200   $ 17,514  
    Interest expense   $ 8,189   $ 8,030   $ 8,285   $ 8,311   $ 8,069  
    Net interest income   $ 10,725   $ 10,255   $ 10,376   $ 9,889   $ 9,445  
    Provision for credit losses   $ 110   $ 117   $ –   $ –   $ 100  
    Other noninterest income   $ 2,096   $ 1,866   $ 1,277   $ 1,843   $ 1,906  
    Other noninterest expense   $ 8,193   $ 8,969   $ 8,002   $ 8,151   $ 8,395  
    Net income available to common shareholders   $ 3,644   $ 2,440   $ 3,005   $ 2,866   $ 2,324  
                 
    Basic earnings per common share (3)   $ 0.90   $ 0.60   $ 0.73   $ 0.69   $ 0.56  
    Diluted earnings per common share (3)   $ 0.89   $ 0.60   $ 0.73   $ 0.69   $ 0.56  
    Dividends declared per common share (3)   $ 0.34   $ –   $ 0.32   $ –   $ 0.32  
    Tangible net book value per common share (4)   $ 27.77   $ 26.94   $ 25.98   $ 26.41   $ 24.55  
                 
    Semi-annual dividend payout ratio     22.58 % n/a   23.27 % n/a   33.61 %
    Average common shares outstanding     4,070,721     4,088,824     4,094,360     4,132,218     4,139,456  
                 
                 
    Balance sheet – average balances:            
    Loans receivable, net of allowances for credit loss   $ 1,111,004   $ 1,091,533   $ 1,064,619   $ 1,066,795   $ 1,088,013  
    Assets   $ 1,480,851   $ 1,462,862   $ 1,479,812   $ 1,445,613   $ 1,433,749  
    Deposits   $ 1,142,279   $ 1,140,397   $ 1,151,450   $ 1,110,854   $ 1,111,240  
    Stockholders’ equity   $ 123,077   $ 118,576   $ 118,396   $ 114,458   $ 110,726  
                 
                 
    Performance ratios:            
    Return on average assets (1)     1.02 %   0.71 %   0.84 %   0.82 %   0.69 %
    Return on average common stockholders’ equity (1)     12.61 %   8.88 %   10.75 %   10.63 %   9.03 %
    Return on average tangible common stockholders’ equity (1)(4)     13.11 %   9.21 %   11.07 %   10.96 %   9.34 %
    Net loan charge-offs to average loans (1)     0.00 %   0.02 %   0.02 %   0.00 %   0.00 %
    Nonperforming loans to gross loans     1.39 %   1.15 %   0.95 %   0.97 %   1.15 %
    Nonperforming assets to total assets     1.04 %   0.89 %   0.71 %   0.71 %   0.84 %
    Allowance for credit losses to gross loans     1.12 %   1.12 %   1.13 %   1.18 %   1.16 %
    Nonperforming assets to tangible equity plus the allowance for credit losses (4)     12.64 %   10.71 %   8.85 %   8.71 %   11.09 %
    Net interest rate margin (1)(2)     3.09 %   3.03 %   2.96 %   2.90 %   2.84 %
    Net interest rate spread (1)(2)     2.34 %   2.33 %   2.23 %   2.16 %   2.15 %
    Service fee revenue as a percent of average demand deposits (1)     0.54 %   0.58 %   0.53 %   0.56 %   0.56 %
    Noninterest income as a percent of gross revenue     9.98 %   9.26 %   6.40 %   9.20 %   9.81 %
    Efficiency ratio (2)     63.00 %   72.88 %   67.59 %   68.43 %   72.52 %
    Noninterest expenses to average assets (1)     2.22 %   2.49 %   2.15 %   2.24 %   2.35 %
    Average stockholders’ equity less accumulated other comprehensive income (loss) to average assets     9.31 %   9.22 %   9.08 %   9.06 %   9.03 %
    Tangible equity to tangible assets (4)     7.95 %   8.05 %   7.76 %   7.85 %   7.32 %
                 
    Stock price information:            
                 
    High   $ 25.70   $ 26.50   $ 27.90   $ 25.00   $ 21.40  
    Low   $ 23.65   $ 25.60   $ 25.00   $ 20.30   $ 19.75  
    Last trade value at quarter-end   $ 23.89   $ 25.70   $ 26.50   $ 25.00   $ 20.40  
                 
    (1) Annualized
    (2) The yield on federally tax-exempt loans and securities is computed on a tax-equivalent basis using a federal tax rate of 21%.
    (3) Due to rounding, cumulative quarterly per share performance may not equal annual per share totals.
    (4) Tangible stockholders’ equity excludes goodwill and core deposit intangibles.
    PSB Holdings, Inc.
    Consolidated Statements of Comprehensive Income
                 
        Quarter Ended
        Jun. 30, Mar. 31, Dec. 31, Sep. 30, Jun. 30,
    (dollars in thousands – unaudited)     2025     2025     2024     2024     2024  
                 
    Net income   $ 3,766   $ 2,562   $ 3,127   $ 2,988   $ 2,446  
                 
    Other comprehensive income, net of tax:            
                 
    Unrealized gain (loss) on securities available for sale     972     2,551     (3,955 )   4,738     184  
                 
    Reclassification adjustment for security loss included in net income     –     1     404     –     –  
                 
    Accretion of unrealized loss included in net income on securities available for sale deferred tax adjustment for Wisconsin Act 19     (35 )   –     (76 )   –     –  
                 
    Amortization of unrealized loss included in net income on securities available for sale transferred to securities held to maturity     91     89     90     90     89  
                 
    Unrealized gain (loss) on interest rate swap     (87 )   (6 )   65     (101 )   39  
                 
    Reclassification adjustment of interest rate swap settlements included in earnings     (13 )   (13 )   (27 )   (38 )   (40 )
                 
                 
    Other comprehensive income (loss)     928     2,622     (3,499 )   4,689     272  
                 
    Comprehensive income (loss)   $ 4,694   $ 5,184   $ (372 ) $ 7,677   $ 2,718  
    PSB Holdings, Inc.            
    Nonperforming Assets as of:            
                 
        Jun 30, Mar 31, Dec 31, Sep 30, Jun 30,
    (dollars in thousands)     2025     2025     2024     2024     2024  
                 
    Nonaccrual loans (excluding restructured loans)   $ 15,333   $ 12,404   $ 10,109   $ 10,116   $ 12,184  
    Nonaccrual restructured loans     13     17     18     25     28  
    Restructured loans not on nonaccrual     295     280     286     292     299  
    Accruing loans past due 90 days or more     –     –     –     –     –  
                 
    Total nonperforming loans     15,641     12,701     10,413     10,433     12,511  
    Other real estate owned     –     300     –     –     –  
                 
    Total nonperforming assets   $ 15,641   $ 13,001   $ 10,413   $ 10,433   $ 12,511  
                 
    Nonperforming loans as a % of gross loans receivable     1.39 %   1.15 %   0.95 %   0.97 %   1.15 %
    Total nonperforming assets as a % of total assets     1.04 %   0.89 %   0.71 %   0.71 %   0.84 %
    Allowance for credit losses as a % of nonperforming loans     80.26 %   97.57 %   118.52 %   120.75 %   100.69 %
    PSB Holdings, Inc.
    Nonperforming Assets >= $500,000 net book value before specific reserves
    At June 30, 2025
             
    (dollars in thousands)        
          Gross Specific
    Collateral Description   Asset Type Principal Reserves
             
    Real estate – Recreational facility   Nonaccrual   3,940     145  
    Real estate – Equipment dealership   Nonaccrual   2,708     560  
    Real estate – Non owner occupied rental properties   Nonaccrual   4,227     0  
    Real estate – Wood products   Nonaccrual   1,707     271  
             
             
    Total listed nonperforming assets     $ 12,582   $ 976  
    Total bank wide nonperforming assets     $ 15,641   $ 1,180  
    Listed assets as a % of total nonperforming assets       80 %   83 %
    PSB Holdings, Inc.            
    Loan Composition by Collateral Type            
                 
    Quarter-ended (dollars in thousands)   Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024
                 
    Commercial:            
    Commercial and industrial   $ 135,313   $ 124,074   $ 116,864   $ 115,234   $ 125,508  
    Agriculture     13,219     11,632     11,568     11,203     11,480  
    Municipal     12,805     12,878     15,733     12,596     11,190  
                 
    Total Commercial     161,337     148,584     144,165     139,033     148,178  
                 
    Commercial Real Estate:            
    Commercial real estate     566,526     562,901     551,641     541,577     544,171  
    Construction and development     77,905     87,080     79,377     60,952     70,540  
                 
    Total Commercial Real Estate     644,431     649,981     631,018     602,529     614,711  
                 
    Residential real estate:            
    Residential     266,203     268,490     271,643     269,954     270,944  
    Construction and development     31,439     26,884     28,959     34,655     36,129  
    HELOC     39,425     38,364     36,887     36,734     33,838  
                 
    Total Residential Real Estate     337,067     333,738     337,489     341,343     340,911  
                 
    Consumer installment     4,886     4,683     5,060     4,770     4,423  
                 
    Subtotals – Gross loans     1,147,721     1,136,986     1,117,732     1,087,675     1,108,223  
    Loans in process of disbursement     (26,496 )   (28,752 )   (27,791 )   (17,836 )   (21,484 )
                 
    Subtotals – Disbursed loans     1,121,225     1,108,234     1,089,941     1,069,839     1,086,739  
    Net deferred loan costs     624     580     605     733     702  
    Allowance for credit losses     (12,553 )   (12,392 )   (12,342 )   (12,598 )   (12,597 )
                 
    Total loans receivable   $ 1,109,296   $ 1,096,422   $ 1,078,204   $ 1,057,974   $ 1,074,844  
    PSB Holdings, Inc.
    Selected Commercial Real Estate Loans by Purpose
     
        Jun 30, Mar 31, Dec 31, Sept 30, June 30,
    (dollars in thousands)     2025     2025     2024     2024     2024  
                           
        Total Exposure % of Portfolio (1) Total Exposure % of Portfolio (1) Total Exposure % of Portfolio (1) Total Exposure % of Portfolio (1) Total Exposure % of Portfolio (1)
    Multi Family   $ 145,523   14.0 % $ 143,674   13.9 % $ 140,087   14.0 % $ 140,307   14.7 % $ 146,873   15.2 %
    Industrial and Warehousing     105,256   10.2     109,366   10.6     103,794   10.4     96,995   10.2     96,286   9.6  
    Retail     29,407   2.8     29,285   2.8     23,438   2.3     25,263   2.7     26,154   2.7  
    Hotels     25,299   2.4     25,719   2.5     25,892   2.6     26,057   2.7     29,035   3.0  
    Office     7,131   0.7     7,254   0.7     6,234   0.6     6,378   0.7     6,518   0.7  
                           
    (1) Percentage of commercial and commercial real estate portfolio and commitments.
    PSB Holdings, Inc.
    Deposit Composition
                           
    Insured and Collateralized Deposits   June 30, March 31, December 31, September 30, June 30,
    (dollars in thousands)     2025     2025     2024     2024     2024  
        $ % $ % $ % $ % $ %
                           
    Non-interest bearing demand   $ 225,916   19.2 % $ 206,562   18.3 % $ 204,167   17.8 % $ 210,534   18.5 % $ 202,343   17.5 %
    Interest-bearing demand and savings     304,779   25.9 %   314,957   27.9 %   315,900   27.6 %   305,631   26.8 %   304,392   26.5 %
    Money market deposits     113,161   9.6 %   118,047   10.4 %   141,024   12.3 %   138,376   12.2 %   137,637   12.0 %
    Retail and local time deposits <= $250     165,368   14.0 %   158,066   14.0 %   155,099   13.5 %   155,988   13.7 %   149,298   13.0 %
                           
    Total core deposits     809,224   68.7 %   797,632   70.6 %   816,190   71.2 %   810,529   71.2 %   793,670   69.0 %
    Retail and local time deposits > $250     28,000   2.4 %   26,750   2.3 %   25,500   2.2 %   23,500   2.1 %   22,500   2.0 %
    Broker & national time deposits <= $250     748   0.1 %   1,241   0.1 %   1,241   0.1 %   1,241   0.1 %   1,490   0.1 %
    Broker & national time deposits > $250     65,917   5.6 %   79,090   7.0 %   56,164   4.9 %   56,164   4.9 %   56,328   4.9 %
                           
    Totals   $ 903,889   76.8 % $ 904,713   80.0 % $ 899,095   78.4 % $ 891,434   78.3 % $ 873,988   76.0 %
                           
                           
    PSB Holdings, Inc.                      
    Deposit Composition                      
                           
    Uninsured Deposits   June 30, March 31, December 31, September 30, June 30,
    (dollars in thousands)     2025     2025     2024     2024     2024  
        $ % $ % $ % $ % $ %
                           
    Non-interest bearing demand   $ 51,323   4.4 % $ 39,110   3.5 % $ 55,348   4.8 % $ 54,544   4.8 % $ 48,092   4.1 %
    Interest-bearing demand and savings     17,983   1.5 %   17,262   1.5 %   20,934   1.8 %   18,317   1.6 %   32,674   2.8 %
    Money market deposits     157,998   13.4 %   150,222   13.3 %   153,334   13.4 %   157,489   13.8 %   177,954   15.4 %
    Retail and local time deposits <= $250     –   0.0 %   –   0.0 %   –   0.0 %   –   0.0 %   –   0.0 %
                           
    Total core deposits     227,304   19.3 %   206,594   18.3 %   229,616   20.0 %   230,350   20.2 %   258,720   22.3 %
    Retail and local time deposits > $250     46,349   3.9 %   18,729   1.7 %   18,638   1.6 %   17,329   1.5 %   19,613   1.7 %
    Broker & national time deposits <= $250     –   0.0 %   –   0.0 %   –   0.0 %   –   0.0 %   –   0.0 %
    Broker & national time deposits > $250     –   0.0 %   –   0.0 %   –   0.0 %   –   0.0 %   –   0.0 %
                           
    Totals   $ 273,653   23.2 % $ 225,323   20.0 % $ 248,254   21.6 % $ 247,679   21.7 % $ 278,333   24.0 %
                           
                           
    PSB Holdings, Inc.                      
    Deposit Composition                      
                           
    Total Deposits   June 30, March 31, December 31, September 30, June 30,
    (dollars in thousands)     2025     2025     2024     2024     2024  
        $ % $ % $ % $ % $ %
                           
    Non-interest bearing demand   $ 277,239   23.6 % $ 245,672   21.7 % $ 259,515   22.6 % $ 265,078   23.3 % $ 250,435   21.6 %
    Interest-bearing demand and savings     322,762   27.4 %   332,219   29.4 %   336,834   29.4 %   323,948   28.4 %   337,066   29.3 %
    Money market deposits     271,159   23.0 %   268,269   23.7 %   294,358   25.7 %   295,865   26.0 %   315,591   27.4 %
    Retail and local time deposits <= $250     165,368   14.0 %   158,066   14.1 %   155,099   13.5 %   155,988   13.7 %   149,298   13.0 %
                           
    Total core deposits     1,036,528   88.0 %   1,004,226   88.9 %   1,045,806   91.2 %   1,040,879   91.4 %   1,052,390   91.3 %
    Retail and local time deposits > $250     74,349   6.3 %   45,479   4.0 %   44,138   3.8 %   40,829   3.6 %   42,113   3.7 %
    Broker & national time deposits <= $250     748   0.1 %   1,241   0.1 %   1,241   0.1 %   1,241   0.1 %   1,490   0.1 %
    Broker & national time deposits > $250     65,917   5.6 %   79,090   7.0 %   56,164   4.9 %   56,164   4.9 %   56,328   4.9 %
                           
    Totals   $ 1,177,542   100.0 % $ 1,130,036   100.0 % $ 1,147,349   100.0 % $ 1,139,113   100.0 % $ 1,152,321   100.0 %
    PSB Holdings, Inc.
    Average Balances ($000) and Interest Rates
    (dollars in thousands)
                             
        Quarter ended June 30, 2025   Quarter ended March 31, 2025   Quarter ended June 30, 2024
        Average   Yield /   Average   Yield /   Average   Yield /
        Balance Interest Rate   Balance Interest Rate   Balance Interest Rate
    Assets                        
    Interest-earning assets:                        
    Loans (1)(2)   $ 1,123,460   $ 16,558   5.91 %   $ 1,103,895   $ 15,830   5.82 %   $ 1,100,518   $ 15,520   5.67 %
    Taxable securities     193,926     1,566   3.24 %     198,426     1,641   3.35 %     172,563     1,295   3.02 %
    Tax-exempt securities (2)     76,774     641   3.35 %     79,282     654   3.35 %     79,564     659   3.33 %
    FHLB stock     9,189     166   7.25 %     8,825     241   11.08 %     7,931     182   9.23 %
    Other     14,571     166   4.57 %     8,960     104   4.71 %     8,241     83   4.05 %
                             
    Total (2)     1,417,920     19,097   5.40 %     1,399,388     18,470   5.35 %     1,368,817     17,739   5.21 %
                             
    Non-interest-earning assets:                            
    Cash and due from banks     15,498           16,292           17,345      
    Premises and equipment, net     13,527           13,728           13,930      
    Cash surrender value ins     24,960           24,795           24,297      
    Other assets     21,402           21,021           21,865      
    Allowance for credit losses     (12,456 )         (12,362 )         (12,505 )    
                             
    Total   $ 1,480,851     $ 1,462,862     $ 1,433,749  
                             
    Liabilities & stockholders’ equity                            
    Interest-bearing liabilities:                            
    Savings and demand deposits   $ 315,978   $ 1,450   1.84 %   $ 339,909   $ 1,567   1.87 %   $ 331,740   $ 1,467   1.78 %
    Money market deposits     262,015     1,572   2.41 %     280,396     1,685   2.44 %     271,336     1,835   2.72 %
    Time deposits     294,750     2,912   3.96 %     268,821     2,632   3.97 %     257,006     2,536   3.97 %
    FHLB borrowings     173,080     1,899   4.40 %     164,968     1,792   4.41 %     174,596     1,860   4.28 %
    Other borrowings     8,843     48   2.18 %     6,321     47   3.02 %     6,870     58   3.40 %
    Senior sub notes     4,784     58   4.86 %     4,782     59   5.00 %     4,777     58   4.88 %
    Junior sub. debentures     13,062     250   7.68 %     13,036     248   7.72 %     12,960     255   7.91 %
                             
    Total     1,072,512     8,189   3.06 %     1,078,233     8,030   3.02 %     1,059,285     8,069   3.06 %
                             
    Non-interest-bearing liabilities:                            
    Demand deposits     269,536           251,271           251,158      
    Other liabilities     15,726           14,782           12,580      
    Stockholders’ equity     123,077           118,576           110,726      
                             
    Total   $ 1,480,851     $ 1,462,862     $ 1,433,749  
                             
    Net interest income     $ 10,908         $ 10,440         $ 9,670    
    Rate spread       2.34 %       2.33 %       2.15 %
    Net yield on interest-earning assets           3.09 %       3.03 %       2.84 %
                             
    (1) Nonaccrual loans are included in the daily average loan balances outstanding.
    (2) The yield on federally tax-exempt loans and securities is computed on a tax-equivalent basis using a federal tax rate of 21%.
    PSB Holdings, Inc.
    Average Balances ($000) and Interest Rates
    (dollars in thousands)
     
        Six months ended June 30, 2025   Six months ended June 30, 2024
        Average   Yield/   Average   Yield/
        Balance Interest Rate   Balance Interest Rate
    Assets                
    Interest-earning assets:                
    Loans (1)(2)   $ 1,113,731   $ 32,388   5.86 %   $ 1,097,419   $ 30,719   5.63 %
    Taxable securities     196,162     3,207   3.30 %     172,176     2,492   2.91 %
    Tax-exempt securities (2)     78,021     1,295   3.35 %     79,999     1,325   3.33 %
    FHLB stock     9,008     407   9.11 %     7,215     347   9.67 %
    Other     11,790     270   4.62 %     10,562     261   4.97 %
                     
    Total (2)     1,408,712     37,567   5.38 %     1,367,371     35,144   5.17 %
                     
    Non-interest-earning assets:                
    Cash and due from banks     15,893           17,356      
    Premises and equipment, net     13,627           13,557      
    Cash surrender value ins     24,878           24,221      
    Other assets     21,215           21,534      
    Allowance for credit losses     (12,409 )         (12,445 )    
                     
    Total   $ 1,471,916     $ 1,431,594  
                     
    Liabilities & stockholders’ equity Interest-bearing liabilities:                
    Savings and demand deposits   $ 327,878   $ 3,017   1.86 %   $ 341,119   $ 3,139   1.85 %
    Money market deposits     270,785     3,257   2.43 %     272,591     3,732   2.75 %
    Time deposits     281,857     5,544   3.97 %     260,832     5,049   3.89 %
    FHLB borrowings     169,046     3,691   4.40 %     158,761     3,310   4.19 %
    Other borrowings     7,589     95   2.52 %     7,712     118   3.08 %
    Senior sub. notes     4,783     117   4.93 %     4,776     117   4.93 %
    Junior sub. debentures     13,049     498   7.70 %     12,947     506   7.86 %
                     
    Total     1,074,987     16,219   3.04 %     1,058,738     15,971   3.03 %
                     
    Non-interest-bearing liabilities:                    
    Demand deposits     260,522           249,909      
    Other liabilities     15,492           12,881      
    Stockholders’ equity     120,915           110,066      
                     
    Total   $ 1,471,916     $ 1,431,594  
                     
    Net interest income     $ 21,348         $ 19,173    
    Rate spread       2.34 %       2.14 %
    Net yield on interest-earning assets   3.06 %       2.82 %
                     
    (1) Nonaccrual loans are included in the daily average loan balances outstanding.
    (2) The yield on federally tax-exempt loans and securities is computed on a tax-equivalent basis using a federal tax rate of 21%.

    Investor Relations Contact
    PSB Holdings, Inc.
    1905 Stewart Avenue
    Wausau, WI 54401
    888.929.9902
    InvestorRelations@bankpeoples.com

    The MIL Network –

  • MIL-OSI: JMU experts offer back-to-school insights on AI, student wellness, and more

    Source: GlobeNewswire (MIL-OSI)

    HARRISONBURG, Va., July 22, 2025 (GLOBE NEWSWIRE) — As AI becomes increasingly embedded in college life, James Madison University is equipping students and faculty with the tools to think critically about its use. Professor Philip Frana, a leading voice on the ethical and educational implications of AI, urges the campus community to go beyond simply using AI — and start questioning it. 

    Topics Frana is available to discuss include: 

    • – Conformity risks: How AI-generated content may push students toward generic, conformist and even mediocre expression. 
    • – The value of originality: How tools that reduce originality or ingenuity have no place in higher education. “AI can aid brainstorming,” he said, “but it can’t replace an authentic student question or genuine personal insight.” 
    • – The design of dependency: How AI interfaces, like social media, are designed to be habit-forming, encouraging overreliance on automation. 
    • – The role of higher education: How universities must guide educators to use AI responsibly in the service of society and empower them to contribute directly to AI innovation on campus. 
    • – The future of education: How AI will increase the need for a university education that encourages critical thinking and fosters ethical reasoning.  

    In addition to Frana, the following experts are available to discuss students’ health and wellness, learning routines, budgeting and dating habits: 

    John Almarode, a professor in the College of Education, researches transitions, recalibrating routines and enhancing learner readiness. 

    Jeremy Akers, a professor in the College of Health and Behavioral Studies, researches nutrition, exercise and weight management. 

    Trent Hargens, a professor in the College of Health and Behavioral Studies, researches the physiological links between sleep quality, physical activity and sedentary behavior. 

    Ron Rubin, a lecturer in the College of Business, helps students understand the importance of personal financing, identifying basic budgeting strategies, how to build creditworthiness and saving for retirement. 

    Dayna Henry, a professor in the College of Health and Behavioral Studies, studies sexuality education and can discuss sexual assault prevention and sexual and relationship health. 

    Jennie Rosier, a professor in the College of Arts and Letters, researches romantic and parent-child relationships and has done several interviews recently on Gen Z dating habits. 

    To arrange an interview with these experts, please contact Chad Saylor at saylorcx@jmu.edu  or Eric Gorton at gortonej@jmu.edu 

    The MIL Network –

  • MIL-OSI: LPL Financial Welcomes Gallagher Wealth Management

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, July 22, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that Kevin Gallagher, AIF®, of Gallagher Wealth Management has joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. He reported serving approximately $180 million in advisory, brokerage and retirement plan assets* and joins LPL from Lincoln Investment.

    Located north of Washington D.C. in Brookeville, Md., Gallagher started in the wealth management industry as a floor trader in 1997 following a career in the U.S. Marines. Now, with nearly two decades of financial industry experience, Gallagher has established a reputation as an advisor who takes an individualized approach to wealth management, offering clients — who are mostly former or current federal employees or members of the military — a personalized and collaborative experience.

    “We believe that an advisor’s role is to provide sage advice to their clients,” Gallagher said. “At our practice, we take a collective approach to fostering a deep understanding of our clients’ unique circumstances, motivations and fiscal goals and then educating them on the most appropriate strategies to help them work towards their long- and short-term goals.”

    Looking for more autonomy, flexibility and a more robust technology platform, the Gallagher Wealth Management team, which includes fellow advisors U.S. Army veteran James Horris, AIF®, CEPA®, Brandon Hsia, Leslie Weigand and their support staff, turned to LPL.

    “LPL’s culture, industry reputation and integrated and streamlined technology were exactly what we were looking for in our pursuit to provide an elevated client experience and take our business to the next level,” Gallagher said. “Everything LPL offers — including the fact that they are self-clearing — will make it easier for us to run our business more efficiently and spend more time with our clients.”

    Scott Posner, LPL Executive Vice President, Business Development, said, “We welcome Kevin and the rest of the Gallagher Wealth Management team to LPL and congratulate them on this next phase of their business. As a leading wealth management firm, LPL is committed to delivering innovative technology and comprehensive business solutions that help advisors differentiate their practices and increase value for their clients. We look forward to supporting Gallagher Wealth Management for years to come.”

    Related

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

    About LPL Financial

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

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

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

    *Value approximated based on asset and holding details provided to LPL from end of year, 2024.

    Media Contact: 
    Media.relations@LPLFinancial.com 

    Tracking #771615

    The MIL Network –

  • MIL-OSI: Grasping Solana’s bull market target of $6,000, GoldenMining launches cloud staking contracts

    Source: GlobeNewswire (MIL-OSI)

    London, England, July 22, 2025 (GLOBE NEWSWIRE) — As the volatility of the crypto market intensifies, many investors are hesitant about their positions: should they clear their positions or reduce their positions? Or look for a more stable investment method. GoldenMining launches Solana cloud staking contracts to help investors easily realize asset appreciation.

    Solana’s technology and ecology are constantly improving, and the market is generally optimistic about its future growth potential, with a target price of around $6,000. The network activity and total locked value have grown steadily, showing strong momentum.

    Solana uses a staking mechanism to support network security, and coin holders receive rewards through staking. After users purchase GoldenMining contracts, the platform manages the staking on their behalf, and the income is settled daily, without user operation, safe and stable.

    Mining Solana: Popular Contract Recommendations

    contract Investment Amount Contract Rewards Total income
    VOLCMINER D1 Lite $15 $0.6 $15.6
    Elphapex DG1+ $100 $3 $106
    Bitmain S23 Hyd $500 $32.5 $532.5
    AntminerL916GH $1000   $135 $1135
    L917GH $3000  $621 $3621
    ElphaPex DG Hydro1 $5000 $1400 $6400
    Elphapex DG2 – 25-Day  $8000 $2900 $10900
    Elphapex DG2+ – 30-Day $15000 $6750 $21750

    A brief introduction: What is Solana staking contract

    In actual operation, Solana’s staking is different from traditional “mining”. It is to participate in network consensus and obtain rewards by entrusting the SOL held to the verification node. In order to lower the technical threshold, GoldenMining has contracted this process and launched the Solana cloud staking contract. Users do not need to build nodes or configure wallets. After purchasing the contract, the platform will complete the staking on their behalf. The income is distributed daily and the process is transparent

    How to participate in the Solana cloud staking contract

    Visit the GoldenMining official website, complete the registration and activate the account. The system will automatically issue a $15 trial fund. You can try the SOL contract directly without recharging, and experience the income and platform operation first.

    Flexible and convenient multi-currency recharge: The platform supports the recharge and withdrawal of multiple mainstream cryptocurrencies such as Solana (SOL), Bitcoin (BTC), Ethereum (ETH), XRP, Dogecoin (DOGE), etc., with simple operation and fast arrival, meeting the usage habits and capital needs of different users.

    Choose a contract

    According to the funds and needs, choose a suitable Solana staking contract, you can start the cloud miner, and the platform will automatically convert the funds and stake Solana on your behalf. After the contract is signed, the system will automatically settle the income into the account every day, and the income can be generated within 24 hours without manual operation by the user.

    Daily income

    After the contract is activated, the user will receive stable income every day, without manual operation, and support withdrawal or reinvestment at any time.

    The user’s funds are safely stored in a first-tier bank, and all users’ personal information is protected by SSL encryption. The platform provides insurance for each investment, which is underwritten by AIG Insurance Company to ensure the safety of users’ funds

    Looking forward to the future, win-win cooperation

    With the continuous maturity of blockchain technology and Solana ecology, staking has become an important means of asset appreciation. GoldenMining keeps pace with the development of the industry and is committed to providing investors with safe and convenient staking services. Through professional management and continuous optimization, the platform helps users to obtain stable income and effectively reduce the risks brought by market fluctuations. In the future, GoldenMining will continue to pay attention to market trends, improve the service system, and help investors seize Solana’s growth opportunities and achieve steady wealth improvement.

    For more information, please visit the official website: www.Goldenmining.com
    For business cooperation, please contact the official email: info@Goldenmining.com

    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.

    The MIL Network –

  • MIL-OSI: Micron Launches Space-Qualified Portfolio to Power Mission-Critical Data for Aerospace Innovation

    Source: GlobeNewswire (MIL-OSI)

    BOISE, Idaho, July 22, 2025 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU), the only-U.S. based memory manufacturer, announced today that it is launching the industry’s highest-density, radiation-tolerant single-layer cell (SLC) NAND product. With a die capacity of 256 gigabits (Gb), this product is the first in a portfolio that will include space-qualified NAND, NOR and DRAM solutions. The product is available now and represents the first in its class to be offered by any major memory manufacturer.

    The space economy is skyrocketing, fueled by rapid growth in commercial and government missions. As computing and AI evolve, demand is rising for high-performance technology capable of processing data directly in orbit. AI-enabled edge computing is transforming space operations: allowing spacecraft to analyze sensor data, detect anomalies and make decisions autonomously, reducing reliance on Earth-based systems and preserving bandwidth.

    “Micron’s radiation-tolerant memory is essential for storing and processing data as we push the boundaries of computing in space,” said Kris Baxter, corporate vice president and general manager of Micron’s Automotive and Embedded Business Unit. “As AI expands in space operations — from autonomous navigation to real-time analysis — Micron is increasing our focus on delivering solutions that enable the resilience and intelligence needed for next-gen aerospace missions.”

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

    Micron SLC NAND: Tested for space’s extreme environment and ready for launch 

    Spaceborne technologies must withstand harsh environmental conditions to deliver successful mission results. These challenges include extreme temperatures, shock and vibration, vacuum pressure, and radiation exposure from solar energetic particles and galactic cosmic rays.

    To verify its radiation-tolerant NAND can meet customers’ requirements, Micron arranges:

    • Extended quality and performance testing, aligned with NASA’s PEM-INST-001 Level 2 flow, which subjects components to a yearlong screening, including extreme temperature cycling, defect inspections and 590 hours of dynamic burn-in to enable spaceflight reliability.
    • Radiation characterization for total ionizing dose (TID) testing, aligned with U.S. military standard MIL-STD-883 TM1019 condition D, which measures the cumulative amount of gamma radiation that a product can absorb in a standard operating environment in orbit and remain functional, a measurement that is critical in determining mission life cycle.
    • Radiation characterization for single event effects (SEE) testing, aligned with the American Society for Testing Materials flow ASTM F1192 and the Joint Electronic Device Engineering Council (JEDEC) standard JESD57. SEE testing evaluates the impact of high-energy particles on semiconductors and verifies that components can operate safely and reliably in harsh radiation environments, reducing the risk of mission failure. This profiling information enables space engineers and architects to design in a way that mitigates the risk and disruption to the mission.

    Micron in action: Powering Earth science research for NASA’s Jet Propulsion Laboratory

    With its DNA in the industrial and automotive markets, Micron has deep expertise in ruggedizing embedded memory and storage for operations at the edge — from factory automation to intelligent vehicles.

    While this is its first officially space-qualified product, Micron’s NAND flash is already flying on missions through collaborations and customer testing.

    One key partner, Mercury Systems, uses Micron memory in its solid-state data recorders (SSDRs) — equipment that captures and stores vast amounts of scientific and engineering data critical for missions. These SSDRs are currently aboard NASA’s Earth Surface Mineral Dust Source Investigation (EMIT), an imaging spectrometer built by NASA’s Jet Propulsion Laboratory and launched to the International Space Station in 2022. The spectrometer’s original mission was to gather data on the world’s arid regions, mapping the composition of mineral dust to better understand the effects on Earth and human populations. EMIT’s spectroscopic data has also proven useful for studying such varied topics as water resources, rare earth elements and agriculture.

    “Modern space systems are capturing higher volumes of more complex data, demanding solutions that provide vastly more capacity in compact packages — all while operating reliably in space’s high-radiation environment for many years,” said Vincent Pribble, principal product manager at Mercury Systems. “At the heart of Mercury’s data recorders, Micron’s flash memory has proven to be highly reliable in orbit — helping us enable groundbreaking missions and scientific research that is expanding our understanding of our planet and beyond.”

    With EMIT capturing 100,000 spectra per second, Micron’s high-density, radiation-tolerant memory provides reliable, long-term data storage and processing vital for mission success.

    Micron’s strategy: Expanding aerospace industry support with end-to-end supply chain 

    As the only U.S.-based memory manufacturer, Micron provides the end-to-end supply chain control paramount for aerospace and government sectors, providing quality, longevity, security, traceability and supply continuity. This advantage is bolstered by recently announced plans to strengthen Micron’s U.S.-based manufacturing. These plans include modernizing the company’s Manassas, Virginia, facility and expanding its portfolio of NOR, SLC NAND and DDR3, with longevity supply of DDR4 and LPDDR4 for critical applications such as aerospace.

    Leveraging Micron’s decades of experience in customer engineering labs that enable collaboration, the company is extending its capabilities to support the rapidly growing aerospace industry by building specialized regional customer labs and technical support and architecture teams. Micron is also optimizing a manufacturing process for aerospace solutions, enabling quality — from precision engineering to raw wafer selection to compliance — and addressing critical challenges faced by space platform developers.

    Building on its newly launched aerospace portfolio, Micron plans to introduce additional space-qualified memory and storage solutions in the coming year and beyond to address the evolving demands of next-generation space missions.

    Additional resources:

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

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

    Micron Product and Technology Communications Contact:
    Mengxi Liu Evensen
    +1 (408) 444-2276
    productandtechnology@micron.com

    Micron Investor Relations Contact
    Satya Kumar
    +1 (408) 450-6199
    satyakumar@micron.com    

    The MIL Network –

  • MIL-OSI: Fortinet Advances Quantum-Safe Security to Guard against Emerging Quantum Threats

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., July 22, 2025 (GLOBE NEWSWIRE) —

    News Summary
    Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced expanded innovations within its unified operating system, FortiOS, that protect against quantum-computing threats to current encryption standards. The latest FortiOS capabilities help organizations with highly sensitive data deploy encryption algorithms and key distribution methods that can withstand quantum-powered attacks, stack algorithms for more robust protection, and easily transition to post-quantum security.

    “At Fortinet, we’re committed to arming customers with cutting-edge technology to protect against new and emerging threats. As quantum computing advances, organizations can trust Fortinet’s technology innovation and leadership to safeguard their critical data and future-proof their infrastructures,” said Michael Xie, Founder, President, and Chief Technology Officer at Fortinet. “Many enterprises are eager to take action to protect their networks from quantum-powered threats. That’s why we’ve made cutting-edge, quantum-safe features available today for FortiGate NGFW and Fortinet Secure SD-WAN customers, so they can confidently transition to post-quantum security.”

    Organizations Handling Sensitive Information Need Quantum-Safe Encryption Now
    Quantum computers can perform complex calculations at unprecedented speeds and can easily break current encryption standards. Cybercriminals are already storing encrypted traffic to decrypt in the future, with a particular focus on industries that handle highly sensitive data that remains relevant over long periods, such as telecommunications, financial services, government, and healthcare.

    • FortiOS: ready for the post-quantum world
      With FortiOS 7.6, organizations, such as those using FortiGate next-generation firewall (NGFW) and Fortinet Secure SD-WAN, can now leverage built-in quantum-safe features designed to defend against emerging threats, including harvest-now, decrypt-later (HNDL) attacks. These capabilities help secure network traffic, simplify deployment, and support a smooth transition to post-quantum security. Customers have access to the following quantum-safe features at no additional cost: Post-quantum cryptography (PQC) methods, including National Institute of Standards and Technology (NIST)-approved algorithms like ML-KEM and emerging algorithms like BIKE, HQC, and Frodo.
    • Quantum key distribution (QKD), leveraging quantum mechanics to enable the secure exchange of encryption keys, ensures that any eavesdropping attempts are detectable. Fortinet introduced support for QKD integrations starting with FortiOS 7.4, enabling interoperability with leading QKD vendors via standardized interfaces. This capability underscores Fortinet’s proactive approach to quantum-resilient network security by integrating quantum-safe key exchange mechanisms into its NGFW architecture.
    • Algorithm stacking, which combines multiple cryptographic algorithms to create a more resilient solution and enhance network infrastructure security.
    • A hybrid mode for gradual transition to post-quantum security that enables seamless integration of traditional public-key cryptography and QKD.
    • An enhanced user interface that simplifies the configuration and management of quantum-safe settings so that network administrators can implement quantum-safe security easily.

    Proven Innovation You Can Trust
    Fortinet was founded on the principle of converging networking and security through a single operating system. This unique approach enables Fortinet to deploy cutting-edge updates, such as quantum-safe innovations, across its unified operating system, helping customers future-proof their security postures.

    Additional Resources

    About Fortinet
    Fortinet (Nasdaq: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere our customers need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet’s solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including Computer Emergency Response Teams (“CERTS”), government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.

    Copyright © 2025 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAIOps, FortiAgent, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiCNP, FortiConnect, FortiController, FortiConverter, FortiCSPM, FortiCWP, FortiDAST, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiDLP, FortiEdge, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFlex FortiFone, FortiGSLB, FortiGuest, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPAM, FortiPenTest, FortiPhish, FortiPoint, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiScanner, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSRA, FortiStack, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM, FortiXDR and Lacework FortiCNAPP. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

    The MIL Network –

  • MIL-OSI: Cequence Security Launches AI Gateway, Safely Enabling Enterprises to Realize the Promise of Agentic AI Productivity

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif., July 22, 2025 (GLOBE NEWSWIRE) — Cequence Security, a pioneer in application security, today unveiled the Cequence AI Gateway, a powerful new solution enabling enterprises to take full advantage of the productivity gains promised by agentic AI. Bridging the gap between AI agents and enterprise applications, the AI Gateway enables instant connectivity with the guardrails enterprises need to stay in control.

    Enterprises, eager to embrace the power of artificial intelligence (AI), have lacked the tools needed to do so safely and efficiently at scale. For CISOs and security-first engineering leaders, the rush to expose applications to agentic AI is outpacing guardrails such as those outlined by the EU AI Act and Anthropic’s ASL. CIOs are understandably concerned about the opportunity cost incurred by having to up-skill needed developers. At the same time, they want a solution that accelerates ROI by avoiding insecure, one-off prototypes in favor of a scalable, enterprise-grade solution.

    Cequence AI Gateway is that missing layer, instantly connecting AI agents to enterprise applications and APIs using emerging standards like the Model Context Protocol (MCP) while enforcing real-time policies that prevent abuse, protect data, and ensure AI acts within bounds.

    “The race to adopt agentic AI in enterprises is well underway, but the foundation to support it is immature,” said Ameya Talwalkar, CEO and co-founder of Cequence Security. “This has left organizations backed into a corner, connecting AI agents to critical systems without sufficient security, oversight, or context. With the combination of our Unified API Protection platform and the new AI Gateway, Cequence delivers both sides of the equation: open, seamless access for AI agents, and the enterprise-grade security, governance, and visibility that leaders need to trust this next wave of automation.”

    The Cequence AI Gateway Advantage:

    • Your AI Easy Button – AI Gateway converts any API into an MCP-compatible endpoint, enabling agentic AI access to any internal, external, or SaaS application in minutes, without coding. Avoids time and costs associated with up-skilling, coding, QA, integration, hosting, and ongoing management. No need to update your solution when new protocol versions emerge, as the AI Gateway handles this for you.
    • End-to-End Authentication and Authorization – OAuth 2.0 IdP support ensures appropriate identity-based access to systems and data, preventing unauthorized AI agent access. Existing solutions lack seamless integration with enterprise IdPs.
    • Monitoring and Visibility of AI Interactions – Real-time visibility into AI-API traffic with full audit logging enables detailed tracking of agent and user behavior, what applications are being accessed, and which API calls are being made via agents.
    • Enterprise-Ready – Unlike alternatives, Cequence is designed for the enterprise, offering a SaaS solution with continuous environment monitoring and discrete pre-prod/prod modes. Integrates with existing infrastructure without disruption.

    Today, the Cequence Unified API Protection (UAP) platform is used by a broad spectrum of the world’s largest organizations to monitor and secure their applications and APIs. The combination of AI Gateway and UAP allows Cequence customers to stop agent-fueled attacks, fraud, and abuse such as the high-profile incidents recently publicized in the news.

    “Cequence doesn’t just secure applications and APIs. They enable entirely new business models, said Amir Sarhangi, CEO and co-founder of Skyfire. “The AI Gateway is critical infrastructure that brings agentic AI into the real world by making secure, compliant access to enterprise APIs scalable and seamless. Cequence is a trusted partner because they know how to protect real time interactions without slowing innovation. Together, we’re helping organizations move forward with confidence.”

    Early adopters have been quick to recognize AI Gateway value. “We were trying to enable a complex, customer-facing agentic application experience, a process we thought would take months,” said an early enterprise customer. “With Cequence AI Gateway, we went from ‘stalled’ to ‘operational’ in under 48 hours. Now, customers can ask natural language questions and get real-time answers, reducing costly support interactions. It solves a real business problem faster and more safely than we thought possible.”

    “This launch is a natural evolution of our Unified API Protection platform,” said Shreyans Mehta, CTO and co-founder at Cequence Security. “We’ve engineered the AI Gateway to transform any application or API into an MCP-compatible endpoint, with real-time enforcement policies baked in. It’s built to meet developers where they are, while giving security teams the control they need. It’s not just about enabling agentic AI; it’s about enabling it responsibly at scale.”

    Mehta added: “Building this requires deep knowledge of how APIs are structured, used, and abused at scale. That’s why Cequence is uniquely positioned to enable the next generation of intelligence automation responsibly.”

    Enabling agentic AI starts at the API layer, and that’s where Cequence leads. Cequence was built to solve difficult API security challenges in real time, at scale. While others are still trying to figure out how to safely expose APIs to agentic AI, Cequence brings years of enterprise experience to a problem that demands security-first thinking.

    It’s designed by the same team that protects over 10 billion API interactions daily, and is built to handle the performance, governance, and authentication challenges unique to this new era of AI automation.

    Availability

    • Cequence AI Gateway: August 2025
    • Deployment formats: SaaS and Helm chart

    Additional Resources

    About Cequence Security
    Cequence is a pioneer in API security and bot management, making the applications and APIs that organizations depend on AI-ready while protecting them from attacks, business logic abuse, and fraud. Our unique solutions unlock the promise of agentic AI productivity while providing real-time security against increasingly subtle and sophisticated threats. Cequence delivers value in minutes rather than days or weeks with a highly scalable, no-code, no-risk approach. Trusted by the largest and most demanding private and public sector organizations, Cequence protects more than 10 billion daily API interactions and 4 billion user accounts. To learn more, visit www.cequence.ai.

    Media Contact
    Katrina Porter
    press@cequence.ai

    The MIL Network –

  • MIL-OSI: ASAPP Expands GenerativeAgent with Powerful New Features to Advance AI for Contact Centers

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 22, 2025 (GLOBE NEWSWIRE) — ASAPP, the leading provider of AI-powered contact center software, today announced it has expanded GenerativeAgent, which offers ASAPP’s fully conversational Generative AI voice and chat agent, with powerful new features to advance accuracy, control, and trust in AI-automated conversations. By combining the scale and speed of automation with the precision, safety, and oversight required in real-world customer conversations, ASAPP is empowering contact centers to deploy customer-facing AI agents with confidence and at scale.

    “Forward-thinking organizations recognize the potential of AI automation in contact centers, but are hesitant to extend those capabilities to customers with concerns for safety, security, and ensuring AI agents behave as intended,” said Devidas Desai, senior vice president of product management at ASAPP. “ASAPP is committed to delivering the highest level of precision and trust in AI-automated customer conversations. These new capabilities from GenerativeAgent equip customer experience (CX) leaders with the tools to safely and confidently scale automation and the ability to monitor, control, and continuously improve how AI agents perform over time.”

    GenerativeAgent is a platform built from the ground up to handle complex, multi-turn conversations with enterprise-grade performance, safety, and control. Integrating with a company’s historical customer data, it autonomously and safely resolves complex customer service interactions and supports a wide variety of APIs, native CCaas and CRM integrations, and advanced authentications, enabling fast deployment and instant value creation. New GenerativeAgent features include:

    • Human-in-the-Loop Agent (HILA) with Approver Mode: Enables faster resolutions and better outcomes by allowing human experts to review and approve AI responses in real-time or asynchronously, fine-tuning and improving accuracy and agent learning over time.
    • Conversation Monitoring and Fine Tuning: Achieve full visibility into AI interactions with intuitive tools to flag anomalies, track patterns, and enforce compliance with customizable guardrails for quality assurance at scale.
    • Testing and Simulation: Safely test AI behavior in simulated environments to release updates into production with confidence, increasing control, transparency, and trust in automated interactions.

    “ASAPP found in its user research that agents want to include logic behind their thinking in case the decision is ever questioned. That human expert’s rationale is tacit knowledge that, once captured, will allow the brand to advance customer service automation far beyond current levels.” (Forrester, Tacit Knowledge Will Power The AI-Led Contact Center, January 23, 2025)

    These new features from ASAPP build on a momentous year of growth for the company, including the appointment of Priya Vijayarajendran as CEO and Devidas Desai as senior vice president of product management. The company’s customer experience was also recognized by Forrester as a notable vendor in its The Conversation Intelligence Solutions for Contact Centers Landscape, Q1 2025 report and as a leader in The Forrester Wave™: Digital Customer Interaction Solutions, Q2 2024 report.

    Click here to learn more about new features from GenerativeAgent.

    Helpful links

    About ASAPP
    ASAPP is an artificial intelligence solution provider committed to solving the toughest problems in customer service. Our flagship product, GenerativeAgentⓇ, is a platform built from the ground up to handle complex, multi-turn conversations with enterprise-grade performance, safety, and control. Because we automate what was previously impossible to automate, our AI-nativeⓇ solutions deliver more than efficiency gains. They redefine the role of AI in the contact center and lay the groundwork for businesses to reimagine their customer experience delivery for the age of AI. Leading enterprises rely on ASAPP’s generative and agentic AI solutions to dramatically expand contact center capacity and transform their contact centers from cost centers into value drivers. To learn more about ASAPP, visit www.asapp.com.

    Media Contact
    Amy McDowell
    Offleash PR for ASAPP
    asapp@offleashpr.com

    Forrester does not endorse any company, product, brand, or service included in its research publications and does not advise any person to select the products or services of any company or brand based on the ratings included in such publications. Information is based on the best available resources. Opinions reflect judgment at the time and are subject to change. For more information, read about Forrester’s objectivity here .

    The MIL Network –

  • MIL-OSI: Ambiq Launches Two New Edge AI Runtime Solutions

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, July 22, 2025 (GLOBE NEWSWIRE) — Ambiq Micro, Inc. (“Ambiq”), a technology leader in ultra-low-power semiconductor solutions for edge AI, today unveils HeliosRT (Runtime) and HeliosAOT (Ahead-of-Time), two new edge AI runtime solutions optimized for the Ambiq Apollo Systems-on-Chip (SoCs) family. These developer tools are designed to significantly enhance the performance and energy efficiency of AI models for the unique demands of edge computing environments.

    Addressing Critical Edge AI Challenges

    As AI workloads increasingly migrate to edge devices, developers face growing pressure to deliver high performance within strict power budgets. Traditional AI frameworks often struggle in ultra-low-power scenarios, making it difficult to deploy sophisticated AI models in battery-powered devices, such as wearables, hearables, IoT sensors, and industrial monitors.

    Ambiq’s new runtime solutions expand its growing portfolio of developer-centric tools, designed to help engineers unlock the full potential of Apollo SoCs. HeliosRT and HeliosAOT offer flexible, high-performance deployment options for edge AI across a wide range of applications, from digital health and smart homes to industrial automation and beyond.

    HeliosRT: Power-Optimized LiteRT

    HeliosRT is a performance-enhanced implementation of LiteRT (formerly TensorFlow Lite for Microcontrollers) that is tailored for energy-constrained environments. Fully compatible with existing TensorFlow workflows, HeliosRT introduces key improvements:

    • Custom AI kernels optimized for Apollo510’s vector acceleration hardware
    • Improved numeric support for audio and speech processing models
    • Up to 3x gains in inference speed and power efficiency over standard LiteRT implementations

    HeliosAOT: Compiling LiteRT to Optimized C Code

    HeliosAOT introduces a ground-up, ahead-of-time compiler that transforms TensorFlow Lite models directly into embedded C code for edge AI deployment. This innovative approach offers runtime-level, or better, performance with additional benefits:

    • 15–50% reduction in memory footprint versus traditional runtime-based deployments
    • Granular memory control, enabling per-layer weight distribution across Apollo’s memory hierarchy
    • Streamlined deployment, with direct integration of generated C code into embedded applications
    • Greater flexibility for resource-constrained systems

    “The intersection of developer experience and power efficiency is our north star,” said Carlos Morales, VP of AI at Ambiq. “HeliosRT and HeliosAOT are designed to integrate seamlessly with existing AI development pipelines while delivering the performance and efficiency gains that edge applications demand. We believe this is a major step forward in making sophisticated AI truly ubiquitous.”

    Powered by SPOT® and Real-World Success

    Both Helios solutions are built on Ambiq’s patented Sub-threshold Power Optimized Technology (SPOT), which is the foundation behind over 270 million devices deployed worldwide. Leveraging years of hardware-software co-design, these tools deliver measurable performance gains and streamlined deployment for developers targeting the edge.

    Availability

    • HeliosRT is available now in beta via the neuralSPOT SDK, with general release expected in Q3 2025
    • HeliosAOT is currently available as a technical preview for select partners, with wider availability planned for Q4 2025

    Both solutions are supported with robust documentation, ready-to-use examples, and dedicated engineering assistance for Ambiq customers.

    About Ambiq

    Ambiq’s mission is to enable intelligence (artificial intelligence (AI) and beyond) everywhere by delivering the lowest power semiconductor solutions. Ambiq enables its customers to deliver AI compute at the edge where power consumption challenges are the most profound. Ambiq’s technology innovations, built on the patented and proprietary sub-threshold power optimized technology (SPOT), fundamentally deliver a multi-fold improvement in power consumption over traditional semiconductor designs. Ambiq has powered over 270 million devices to date. 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/5265c973-0202-4e66-b9df-47fff71759ea

    The MIL Network –

  • MIL-OSI: AAS MINER launches free BTC cloud mining platform, one-stop mining of DOGE and XRP, real-time withdrawal of income

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, California, July 22, 2025 (GLOBE NEWSWIRE) —

    Join AAS MINER’s free BTC mining cloud mining platform(www.aas8.com)—claim your $10 welcome bonus, leverage AI-powered hashrate allocation across BTC, DOGE & XRP, and withdraw earnings instantly with zero fees.The principal and returns are 100% guaranteed, with a daily yield of 1.88%-5.20%, and cash can be withdrawn at any time 365 days a year.AAS MINER removes the high cost and complexity of traditional rigs by launching a zero-cost cloud mining platform for BTC mining, with one-click support for DOGE and XRP. Get started in minutes using a $10 free trial, AI-driven strategies, and real-time withdrawals—no hardware required.Key Advantages

    Zero Upfront Cost & Quick Start

    $10 welcome bonus on signup—no deposit needed

    Plug-and-play dashboard to launch BTC, DOGE, or XRP mining instantly

    AI-Driven Hashrate Allocation

    Smart algorithm monitors network difficulty and prices

    Automatically rebalances hashrate across BTC, DOGE, and XRP for optimal returns

    Guaranteed, Competitive Returns
    Pick the plan that aligns with your goals:

    Starter Plan (1.88% daily returns)

    Growth Plan (2.98% daily returns)

    Premium Plan (5.20% daily returns)

    AAS Miner AI cloud computing contract revenue example diagram (visualization)

    Contract Price Contract Duration Daily Earnings Total Revenue
    $100 2Days $5 $100 + $10
    $500 3Days $9.4 $500 + $28.2
    $1,000 5Days $19.8 $1,000 + $99
    $3,000 10Days $62.4 $3,000 + $624
    $5000 15Days $109 $5,000 + $1,635
    $10,000 30Days $228 $10,000 + $6,840
    $30,000 60Days $774 $30,000 + $46,440

    100% capital protection via insurance and reserve funds

    Real-Time Monitoring & Instant Withdrawals

    Live analytics on hashrate, coin earnings, and total profits

    Withdraw any balance at any time—no fees, no minimums

    Enterprise-Grade Security

    Multi-signature cold wallets and SSL/DDoS protection

    Global data centers ensuring 99.9% uptimeHow to get started

    Sign up with your email at www.aas8.com in one click.

    Get your $10 welcome bonus

    Get free mining income in BTC, DOGE, or XRP instantly.

    Choose an AI-driven strategy

    Choose conservative BTC, balanced DOGE, aggressive XRP, or let AI automatically rotate to maximize your ROI.

    AAS MINER’s cloud mining platform makes BTC mining convenient, affordable, and automated. With AI-driven multi-chain strategies, $10 trial bonuses, and instant cash-out capabilities, anyone can start earning reliable daily income right away.

    Sign up at www.aas8.com now to start a smarter mining journey!

    Official Website: https://aas8.com
    Official App Download Link: https://aas8.com/xml/index.html#/app  

    Disclaimer: The information provided in this press release is for reference only and does not constitute an investment invitation, financial advice, or trade recommendation. Cryptocurrency mining and staking involve risks and may result in financial losses. We strongly recommend conducting thorough due diligence and consulting professional financial advisors before engaging in cryptocurrency or securities investments and trades.

    Attachment

    The MIL Network –

  • MIL-OSI: Varonis Heads to Black Hat USA 2025, DEF CON, and BSides

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, July 22, 2025 (GLOBE NEWSWIRE) — Varonis Systems, Inc. (Nasdaq: VRNS) is heading to Las Vegas this August for the cybersecurity world’s summer camp — Black Hat USA 2025, DEF CON, and BSides. Varonis will be on the ground sharing insights from our elite Varonis Threat Labs team, showcasing how to secure data from threats across multi-cloud environments, and connecting with the community that’s shaping the future of cyber defense.

    Varonis Highlights at Black Hat USA 2025:

    Meet Varonis at booth #2751. Varonis proudly returns to Black Hat USA 2025 as a Platinum Plus Sponsor and Sustaining Partner. Learn how Varonis’ cloud-native Data Security Platform enables organizations to reduce risk to data in the age of AI. Hear how Varonis identifies and mitigates threats across IaaS and SaaS, safeguards sensitive data, and supports customers with Managed Data Detection and Response, the industry’s only service dedicated to preventing attacks on data.

    Play the first Snowflake GOAT. Can you trace the attacker’s steps and stop a breach from becoming a data avalanche? Check out our capture-the-flag challenge online and at our booth for your chance to top the leaderboard and pick up the coolest swag at Black Hat!

    Play today: https://www.varonis.com/frostbyte

    Expert Session — Navigating the Identity Crisis: Why Authentication Keeps Failing.  Join Varonis’ Mark Vaitsman to explore how attackers continue to compromise authentication and steal identities. Learn how to recognize the signs of post-authentication compromise, identify detection and response gaps, and harden security beyond MFA.

    Date: Wednesday, August 6 at 10:50 a.m.
    Location: Business Hall Theater D

    Varonis Highlights at BSides Las Vegas:

    Expert Session — Rusty Pearls: Postgres RCE on Cloud Databases. Join Varonis Threat Labs experts as they unpack a critical Remote Code Execution vulnerability affecting cloud-hosted databases. Learn how they discovered this flaw and transformed it into a powerful exploit. They’ll share detection strategies, defense techniques, and more.

    Date: Tuesday, August 5 at 10:30 a.m.
    Location: Florentine A

    Varonis Highlights at DEF CON Las Vegas:

    Workshop — SnowGoat: Exposing Hidden Security Risks and Leaking Data Like a Threat Actor. Join senior security researchers Lior Adar and Chen Levy Ben Aroy for an interactive workshop on identifying hidden configuration risks in Snowflake. This intermediate session offers hands-on experience with vulnerable and misconfigured environments.

    Date: Friday, August 8 at 9:00 a.m.
    Location: Las Vegas Convention Center – L2 – Workshops

    Expert Session — Rusty Pearls: Postgres RCE on Cloud Databases. Join Varonis Threat Labs experts as they unpack a critical Remote Code Execution vulnerability affecting cloud-hosted databases. Learn how they discovered this flaw and transformed it into a powerful exploit. They’ll share detection strategies, defense techniques, and more.

    Date: Friday, August 8 at 5:30 p.m.
    Location: Las Vegas Convention Center – L1 – EHW3 – Track 1

    Additional Resources

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

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

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

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

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

    The MIL Network –

  • MIL-OSI: Enjoy BTC and DOGE income every day! Siton Mining opens a new era of zero-threshold cloud mining

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 22, 2025 (GLOBE NEWSWIRE) — With the passage of the GENIUS Act, crypto assets are accelerating their integration into the global financial system. Mainstream currencies such as BTC, ETH, DOGE, and XRP have become the core assets of decentralized finance. However, traditional mining still daunts many ordinary users due to high equipment investment, technical barriers, and energy consumption costs.

    Siton Mining is rewriting this landscape. As the world’s leading compliant cloud mining platform, Siton Mining has officially launched a new mobile app to bring a truly “zero threshold mining” experience to global users. Users can access Siton Mining’s global green mining network with just one click on their smartphones, and easily start the road to passive income from crypto assets.

    Start your mining journey easily:
    1Visit sitonmining.com, register an account, and immediately receive a $10-$100 random reward for new users
    2Choose a suitable cloud computing power contract and customize your investment strategy
    3After the contract is activated, the system automatically starts mining, and the income is credited daily
    4Supports more than 9 cryptocurrency settlements: including USDT (TRC20/ERC20), BTC, ETH, XRP, DOGE, LTC, BCH, BNB, SOL, USDC, etc.
    5Withdraw at any time when you reach $100, or choose to reinvest to continuously amplify your income
    Denominated in US dollars to avoid market volatility risks
    All contracts are priced in US dollars. The system automatically converts the BTC, ETH, DOGE and other currencies invested by users according to the real-time exchange rate to help users lock in value and significantly reduce potential losses caused by currency price fluctuations.

    Why choose Siton Mining?
    Siton Mining is the world’s leading green cloud computing platform, creating stable income for more than 9 million users. Its core advantages include:

    Global green mines, creating a sustainable mining model
    Siton Mining has deployed green energy mines in Northern Europe, Canada, Russia and other places, all of which are driven by renewable energy such as hydropower and wind power to ensure high energy consumption ratio and promote the standardized development of environmentally friendly mining.

    Military-grade security protection to ensure worry-free assets
    The platform’s EV SSL encryption technology protects user accounts and data assets around the clock. At the same time, it uses an AI intelligent risk control system to monitor potential risk behaviors in real time and comprehensively prevent hacker attacks and abnormal operations.

    The future of digital assets starts with Siton Mining
    In the current uncertain global economic environment, Siton Mining provides users with a stable, secure and sustainable channel for the appreciation of encrypted assets. Whether you are a digital currency novice or a senior investor, you can start the road to stable passive income with just a mobile phone.

    Join Siton Mining now and let your mobile phone become your digital wealth portal!
    Official website: https://sitonmining.com
    Email: info@sitonmining.com

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    The MIL Network –

  • MIL-OSI: Draganfly Secures Strategic Military Order for Commander 3XL UAV Systems

    Source: GlobeNewswire (MIL-OSI)

    Tampa Bay, Florida, July 22, 2025 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning developer of drone solutions and systems developer, today announced the sale of Commander 3XL Unmanned Aerial Vehicle (UAV) systems to a globally recognized defense contractor specializing in persistent surveillance technologies for military operations.

    A trusted partner to U.S. and allied defense forces for decades, the client is one of the world’s leading providers of persistent surveillance platforms. Its systems are deployed across key Department of Defense (DoD) and allied installations, delivering reliable, persistent intelligence, surveillance, and reconnaissance (ISR) capabilities.

    The Commander 3XL’s modular payload architecture, extended endurance, and AI-enabled mission control make it an ideal asset for military-grade surveillance programs. The systems will support perimeter security, early warning, and real-time situational awareness, operating seamlessly alongside and integrated with persistent platforms and ground-based command centers.

    “This sale marks a significant milestone for Draganfly as we expand our presence in the defense sector,” said Cameron Chell, CEO of Draganfly. “We are honored that the Commander 3XL has been chosen for integration into one of the world’s most advanced and enduring persistent surveillance platforms. This integration enhances capabilities for military and border surveillance systems, providing greater reach and effectiveness.”

    This purchase further underscores the Commander 3XL’s versatility in both static and dynamic ISR environments, enabling defense clients to adapt swiftly to evolving threat landscapes.

    About Draganfly

    Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) is a leader in cutting-edge drone solutions and software that are transforming industries and serving stakeholders globally. Recognized for innovation and excellence for over 25 years, Draganfly delivers award-winning technology to the public safety, agriculture, industrial inspection, security, mapping, and surveying markets. The Company is driven by passion, ingenuity, and a mission to provide efficient solutions and first-class services to customers worldwide, saving time, money, and lives.

    NASDAQ (DPRO)
    CSE (DPRO)
    FSE (3U8)

    Media Contact:
    Erika Racicot
    Email: media@draganfly.com

    Company Contact
    Cameron Chell
    Chief Executive Officer
    (306) 955-9907
    info@draganfly.com

    This release contains certain “forward looking statements” and certain “forward-looking ‎‎‎‎information” as ‎‎‎‎defined under applicable securities laws. Forward-looking statements ‎‎‎‎and information can ‎‎‎‎generally be identified by the use of forward-looking terminology such as ‎‎‎‎‎“may”, “will”, “expect”, “intend”, ‎‎‎‎‎“estimate”, “anticipate”, “believe”, “continue”, “plans” or similar ‎‎‎‎terminology. Forward-looking statements ‎‎‎‎and information are based on forecasts of future ‎‎‎‎results, estimates of amounts not yet determinable and ‎‎‎‎assumptions that, while believed by ‎‎‎‎management to be reasonable, are inherently subject to significant ‎‎‎‎business, economic and ‎‎‎‎competitive uncertainties and contingencies. Forward-looking statements ‎‎‎‎include, but are not ‎‎‎‎limited to, statements with respect to the Commander 3XL’s modular payload architecture, extended endurance, and AI-enabled mission control make it an ideal asset for military-grade surveillance programs as well as that the systems will support perimeter security, early warning, and real-time situational awareness, operating seamlessly alongside persistent platforms and ground-based command centers. Forward-‎‎‎‎looking statements and information are subject to various ‎known ‎‎and unknown risks and ‎‎‎‎‎uncertainties, many of which are beyond the ability of the Company to ‎control or ‎‎predict, that ‎‎‎‎may cause ‎the Company’s actual results, performance or achievements to be ‎materially ‎‎different ‎‎‎‎from those ‎expressed or implied thereby, and are developed based on assumptions ‎about ‎‎such ‎‎‎‎risks, uncertainties ‎and other factors set out here in, including but not limited to: the potential ‎‎‎‎‎‎‎impact of epidemics, ‎pandemics or other public health crises, including the ‎COVID-19 pandemic, on the Company’s business, operations and financial ‎‎‎‎condition; the ‎‎‎successful integration of ‎technology; the inherent risks involved in the general ‎‎‎‎securities markets; ‎‎‎uncertainties relating to the ‎availability and costs of financing needed in the ‎‎‎‎future; the inherent ‎‎‎uncertainty of cost estimates; the ‎potential for unexpected costs and ‎‎‎‎expenses, currency ‎‎‎fluctuations; regulatory restrictions; and liability, ‎competition, loss of key ‎‎‎‎employees and other related risks ‎‎‎and uncertainties disclosed under the ‎heading “Risk Factors“ ‎‎‎‎in the Company’s most recent filings filed ‎‎‎with securities regulators in Canada on ‎the SEDAR ‎‎‎‎website at www.sedar.com and with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s website at www.sec.gov. The Company undertakes ‎‎‎no obligation to update forward-‎looking ‎‎‎‎information except as required by applicable law. Such forward-‎‎‎looking information represents ‎‎‎‎‎managements’ best judgment based on information currently available. ‎‎‎No forward-looking ‎‎‎‎statement ‎can be guaranteed and actual future results may vary materially. ‎‎‎Accordingly, readers ‎‎‎‎are advised not to ‎place undue reliance on forward-looking statements or ‎‎‎information.

    The MIL Network –

  • MIL-OSI Africa: Sowing the seeds of digital agriculture in Ethiopia

    Source: APO


    .

    Ethiopia’s agricultural sector is going digital, with new tools offering ways to boost productivity and improve market access. In Addis Ababa, sector leaders and stakeholders explore practical steps for building a more resilient, tech-enabled farming system.

    With traditional farming still widespread and digital tools often out of reach for rural communities, a symposium held in Addis Ababa, Ethiopia, set out to address challenges in productivity, market access, infrastructure and digital literacy. Smallholder farmers, women, youth and others who are frequently excluded from innovation efforts, received particular attention.

    Organized by Orbit Innovation Hub in partnership with the International Trade Centre and Trade Ethiopia, the symposium brought together stakeholders from across the agriculture and technology ecosystems. 

    Focused on real-world solutions

    The one-day programme included panel discussions, startup pitches, a documentary screening and presentations on new technologies such as AI in agriculture. The event offered a platform for exchanging ideas and exploring how digital innovation can support inclusive and sustainable agricultural growth.

    Orbit Innovation Hub, launched as the social enterprise arm of health tech company Orbit Health, is committed to developing the startup ecosystem in Ethiopia. “We started this because we didn’t want new entrepreneurs to face the same hurdles we did,” said COO Girum Habetewold. “Agriculture remains central to our economy. Modernizing it is essential for long-term growth.”

    Support from the International Trade Centre’s Netherlands Trust Fund V (NTF V) Ethiopia Tech project has been key to turning that vision into reality. Over the past three years, the programme has provided both funding and technical guidance to help Orbit standardize the symposium format, bring in international expertise and expand its reach. What began as a local idea has become a national platform with international relevance.

    Building networks and partnerships

    One of the symposium’s key strengths was the range of voices in the room. Policymakers, business leaders, researchers, funders and grassroots entrepreneurs all took part. “Everyone brought their networks,” said Kiya Girma of Trade Ethiopia. “It helped connect people who don’t usually have the chance to collaborate directly.”

    Trade Ethiopia, a B2B platform connecting local producers with global buyers, joined the organizing team for the first time this year. Their involvement highlighted the importance of linking agriculture, digital tools and export opportunities. “We support cooperatives and smallholder farmers in accessing markets,” Girma said. “Digital tools help them do that more efficiently and on better terms.”

    NTF V played a coordinating role in bringing these different actors together, drawing on its extensive experience in supporting agricultural trade and digital innovation across Ethiopia.

    Stories from the field

    The symposium also presented examples of what happens when digital tools and support systems are in place. For example, a young farmer from Woliso, who attended a SEED programme workshop, secured a bank loan and bought a tractor. His story illustrates how targeted training and financial access can bring new opportunities for youth engagement and economic mobility within the sector.

    Another example came from Kifiya Technologies, a company offering digital insurance services that help farmers manage risk and improve resilience. 

    Speakers raised important points about the need to design tools that fit local realities, invest in digital literacy, prioritize relationships with farmers, and ensure that technology is accessible, affordable and relevant to those working in remote or underserved areas. Several panelists stressed that without strong local engagement, even the most advanced tools risk being underused or misunderstood. 

    “You don’t get useful data unless you’ve built trust,” Girma said. “Technology has to work for the people using it.”

    Supporting national goals

    The symposium directly supports Ethiopia’s Digital Ethiopia 2025 strategy, which aims to unlock greater value in agriculture through digital innovation. Orbit Innovation Hub has been an active contributor to this agenda, and NTF V has served as a key partner in making that contribution possible.

    NTF V’s broader impact extends well beyond the symposium. The project helped Ethiopian agri-businesses engage in international markets, supported women-led enterprises, and increased digital access for nearly 400,000 individuals. It also brought in direct investment and improved the capacity of local support organizations, including those involved in agricultural trade.

    Looking ahead

    As the NTF V project concludes, Orbit and its partners are exploring how to sustain and scale the work that has been started. Plans are under way for future editions of the symposium and new initiatives that will support innovation in agriculture and beyond.

    “Agriculture in Ethiopia is beginning to change,” said Habetewold of Orbit Innovation Hub. “It’s a slow process, but the groundwork is being laid. Shifting from traditional practices to data-driven, tech-enabled farming will take time, especially given the scale of the sector and the realities facing smallholder farmers. But with continued investment, strong partnerships and a focus on practical outcomes, Ethiopia is taking meaningful steps toward a more resilient and inclusive farming future.” 

    The COO added that the AgriTech Stakeholders Symposium has become a clear example of how local collaboration, combined with sustained international support, can turn good ideas into action and help reshape the agricultural landscape from the ground up.

    Distributed by APO Group on behalf of International Trade Centre.

    MIL OSI Africa –

  • MIL-OSI Africa: The Food and Agriculture Organization of the United Nations (FAO) hosts Digital Village twinning event in Rwanda to advance digital agriculture

    Source: APO


    .

    The Food and Agriculture Organization of the United Nations (FAO), in collaboration with Rwanda’s Ministry of Agriculture and Animal Resources (MINAGRI), hosted a Digital Village twinning event as part of the Fostering Digital Villages through Innovative Advisory and Profitable Market Services in Africa (FDiVi) project.

    The event brought together more than 130 participants, including representatives from farmer organizations, private sector partners, digital ambassadors, and officials from the Ministry of ICT and Innovation (MINICT), MINAGRI, and the Rwanda Information Society Authority (RISA). The gathering served as a platform for sharing experiences and best practices in leveraging digital technologies to enhance agricultural productivity, market access, advisory services, and access to real-time data and knowledge.

    A key highlight of the event was a Peer Learning Session, during which members from 48 farmer cooperatives shared testimonies and best practices on how digital tools have transformed their daily lives. These stories illustrated the real-world impact of digital transformation in agriculture, particularly in improving efficiency, profitability, and market connectivity.

    During a panel discussion, district authorities from Musanze, Nyanza, Ngororero, and Nyagatare reflected on the opportunities and challenges of scaling digital agriculture in rural communities. The four districts expressed their commitment to integrating the FDiVi project into local development plans and emphasized the importance of cross-district collaboration and peer learning both within Rwanda and as a model for other countries.

    FAO Representative a.i in Rwanda Nomathemba Mhlanga commended the role of digital ambassadors in guiding farmers through the digital literacy journey and underscored the need for continued support from local governments.

    “District and sector authorities must remain the bridge between policy and practice, between strategy and implementation,” she said.

    As part of the event, outstanding farmer cooperatives were recognized during an awards ceremony.  FAO provided 99 smartphones to selected farmer organizations to support access to digital tools.

    “This smartphone will transform how our cooperative accesses information, connects with markets, receives digital advisory services, and promotes our agricultural products using technology,” said Nyirabakiga Immaculée, one of the recipients.

    Through the FDiVi project, FAO continues to empower rural communities by fostering inclusive digital ecosystems that drive innovation, market integration, and improved livelihoods across Rwanda.

    FAO’s FDiVi project, launched in April 2024, empowers around 150 farmer groups in Malawi, Rwanda, and Zimbabwe by using digital tools such as tablets, AI‑chatbots, and social media to enhance agricultural advisory services, improve market access, and boost rural livelihoods.

    Distributed by APO Group on behalf of Food and Agriculture Organization of the United Nations (FAO): Regional Office for Africa.

    MIL OSI Africa –

  • MIL-OSI Security: USS Pearl Harbor (LSD 52) Sailors perform daily operations [Image 1 of 3]

    Source: United States Navy (Logistics Group Western Pacific)

    Issued by: on

    PACIFIC OCEAN (July 17, 2025) Retail Specialist 3rd Class Hanan Lindow, from Lakeland, Florida, finalizes sales in the ships store aboard the Harpers Ferry-class amphibious dock landing ship USS Pearl Harbor (LSD 52) in the Indo-Pacific region on July 17, 2025. Now in its 21st iteration, the Pacific Partnership series is the largest annual multinational humanitarian assistance and disaster management preparedness mission conducted in the Indo-Pacific. Pacific Partnership works collaboratively with host and partner nations to enhance region and foster new and enduring friendships in the Indo-Pacific. (U.S. Navy photo by Mass Communication Specialist Seaman Isabel Mendoza)

    Date Taken: 07.17.2025
    Date Posted: 07.22.2025 06:56
    Photo ID: 9194907
    VIRIN: 250717-N-DM179-1021
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    This work, USS Pearl Harbor (LSD 52) Sailors perform daily operations [Image 3 of 3], by SN Isabel Mendoza, identified by DVIDS, must comply with the restrictions shown on https://www.dvidshub.net/about/copyright.

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  • MIL-OSI Security: USS Pearl Harbor (LSD 52) Sailors perform daily operations [Image 2 of 3]

    Source: United States Navy (Logistics Group Western Pacific)

    Issued by: on

    PACIFIC OCEAN (July 17, 2025) Gunner’s Mate 2nd Class Kenneth Rettig, from Gastonia, North Carolina, left, and Senior Chief Boatswain’s Mate Jesus Hernandez, from Tulare, California, right, conduct a spot check for the M18 aboard the Harpers Ferry-class amphibious dock landing ship USS Pearl Harbor (LSD 52) in the Indo-Pacific region on July 17, 2025. Now in its 21st iteration, the Pacific Partnership series is the largest annual multinational humanitarian assistance and disaster management preparedness mission conducted in the Indo-Pacific. Pacific Partnership works collaboratively with host and partner nations to enhance region and foster new and enduring friendships in the Indo-Pacific. (U.S. Navy photo by Mass Communication Specialist Seaman Isabel Mendoza)

    Date Taken: 07.17.2025
    Date Posted: 07.22.2025 06:56
    Photo ID: 9194908
    VIRIN: 250717-N-DM179-1024
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  • MIL-OSI: S8 Global Fintech & Regtech Fund (Luxembourg), Strategic Fintech Investor, Reports More Than 10% Ownership Position in RYVYL

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, CA, July 22, 2025 (GLOBE NEWSWIRE) — RYVYL Inc. (NASDAQ: RVYL) (“RYVYL” or the “Company”), a leading innovator of payment transaction solutions, that recently announced pivoting into strategies that may include crypto-currency custodial services, today announced that S8 Global Fintech & Regtech Fund (Luxembourg) (“S8”) recently reported to the SEC an ownership position of approximately 3.6 million shares of RYVYL common stock, or more than 10% of RYVYL’s outstanding shares of common stock, as of July 21, 2025, making it the Company’s largest stockholder.

    S8 Global Fintech & Regtech Fund, a Luxembourg-based alternative investment fund (AIF) that is registered with the CSSF (Commission de Surveillance du Secteur Financier), makes strategic investments in businesses that operate in the Fintech, Regtech, Insurtech and Data Technology industries. RYVYL announced its enhanced business plan including, among other things, crypto-currency custodial services, in a press release on June 16, 2025.

    S8’s portfolio includes companies with established operations in the UK and EU as well as payment processing tools for direct digital asset payments. RYVYL has existing operations in North America and is pursuing strategic opportunities, including plans to initiate a digital asset acquisition strategy. The Company and S8 have had initial discussions and are exploring ways to work together.

    About S8 Global Fintech & Regtech Fund (Luxembourg)

    S8 Global Fintech & Regtech Fund (Luxembourg), with full ownership of UK and EU regulated payment institutions, including My EU Pay Ltd., Cublox Ltd., and ValorPay, UAB, focuses on innovative sectors where technology transforms financial services and operations. This includes Fintech, which leverages technology to improve or automate financial services; Regtech, which applies modern tech to address regulatory and compliance challenges; Insuretech, which modernizes the creation, delivery, and management of insurance products; and Data Technology, which encompasses software tools designed to analyze, process, and extract insights from data. More information can be found here: S8 Fund

    About RYVYL

    RYVYL Inc. (NASDAQ: RVYL) was born from a passion for empowering a new way to conduct business-to-business, consumer-to-business, and peer-to-peer payment transactions around the globe. By leveraging electronic payment technology for diverse international markets, RYVYL is a leading innovator of payment transaction solutions reinventing the future of financial transactions. Since its founding as GreenBox POS in 2017 in San Diego, RYVYL has developed applications enabling an end-to-end suite of turnkey financial products with enhanced security and data privacy, world-class identity theft protection, and rapid speed to settlement. As a result, the platform can log immense volumes of immutable transactional records at the speed of the internet for first-tier partners, merchants, and consumers around the globe. www.ryvyl.com

    Cautionary Note Regarding Forward-Looking Statements

    This press release includes information that constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on the Company’s current beliefs, assumptions and expectations regarding future events, which in turn are based on information currently available to the Company. Such forward-looking statements include statements that are characterized by future or conditional words such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate” and “continue” or similar words. You should read statements that contain these words carefully because they discuss future expectations and plans, which contain projections of future results of operations or financial condition or state other forward-looking information.

    By their nature, forward-looking statements address matters that are subject to risks and uncertainties. A variety of factors could cause actual events and results to differ materially from those expressed in or contemplated by the forward-looking statements. Risk factors affecting the Company are discussed in detail in the Company’s filings with the SEC. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by applicable laws.

    IR Contact:
    David Barnard, Alliance Advisors Investor Relations, 415-433-3777, ryvylinvestor@allianceadvisors.com

    The MIL Network –

  • MIL-OSI: S8 Global Fintech & Regtech Fund (Luxembourg), Strategic Fintech Investor, Reports More Than 10% Ownership Position in RYVYL

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, CA, July 22, 2025 (GLOBE NEWSWIRE) — RYVYL Inc. (NASDAQ: RVYL) (“RYVYL” or the “Company”), a leading innovator of payment transaction solutions, that recently announced pivoting into strategies that may include crypto-currency custodial services, today announced that S8 Global Fintech & Regtech Fund (Luxembourg) (“S8”) recently reported to the SEC an ownership position of approximately 3.6 million shares of RYVYL common stock, or more than 10% of RYVYL’s outstanding shares of common stock, as of July 21, 2025, making it the Company’s largest stockholder.

    S8 Global Fintech & Regtech Fund, a Luxembourg-based alternative investment fund (AIF) that is registered with the CSSF (Commission de Surveillance du Secteur Financier), makes strategic investments in businesses that operate in the Fintech, Regtech, Insurtech and Data Technology industries. RYVYL announced its enhanced business plan including, among other things, crypto-currency custodial services, in a press release on June 16, 2025.

    S8’s portfolio includes companies with established operations in the UK and EU as well as payment processing tools for direct digital asset payments. RYVYL has existing operations in North America and is pursuing strategic opportunities, including plans to initiate a digital asset acquisition strategy. The Company and S8 have had initial discussions and are exploring ways to work together.

    About S8 Global Fintech & Regtech Fund (Luxembourg)

    S8 Global Fintech & Regtech Fund (Luxembourg), with full ownership of UK and EU regulated payment institutions, including My EU Pay Ltd., Cublox Ltd., and ValorPay, UAB, focuses on innovative sectors where technology transforms financial services and operations. This includes Fintech, which leverages technology to improve or automate financial services; Regtech, which applies modern tech to address regulatory and compliance challenges; Insuretech, which modernizes the creation, delivery, and management of insurance products; and Data Technology, which encompasses software tools designed to analyze, process, and extract insights from data. More information can be found here: S8 Fund

    About RYVYL

    RYVYL Inc. (NASDAQ: RVYL) was born from a passion for empowering a new way to conduct business-to-business, consumer-to-business, and peer-to-peer payment transactions around the globe. By leveraging electronic payment technology for diverse international markets, RYVYL is a leading innovator of payment transaction solutions reinventing the future of financial transactions. Since its founding as GreenBox POS in 2017 in San Diego, RYVYL has developed applications enabling an end-to-end suite of turnkey financial products with enhanced security and data privacy, world-class identity theft protection, and rapid speed to settlement. As a result, the platform can log immense volumes of immutable transactional records at the speed of the internet for first-tier partners, merchants, and consumers around the globe. www.ryvyl.com

    Cautionary Note Regarding Forward-Looking Statements

    This press release includes information that constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on the Company’s current beliefs, assumptions and expectations regarding future events, which in turn are based on information currently available to the Company. Such forward-looking statements include statements that are characterized by future or conditional words such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate” and “continue” or similar words. You should read statements that contain these words carefully because they discuss future expectations and plans, which contain projections of future results of operations or financial condition or state other forward-looking information.

    By their nature, forward-looking statements address matters that are subject to risks and uncertainties. A variety of factors could cause actual events and results to differ materially from those expressed in or contemplated by the forward-looking statements. Risk factors affecting the Company are discussed in detail in the Company’s filings with the SEC. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by applicable laws.

    IR Contact:
    David Barnard, Alliance Advisors Investor Relations, 415-433-3777, ryvylinvestor@allianceadvisors.com

    The MIL Network –

  • MIL-OSI: Bitfarms Announces Corporate Share Buyback Program

    Source: GlobeNewswire (MIL-OSI)

    This news release constitutes a “designated news release” for the purposes of the Company’s second amended and restated prospectus supplement dated December 17, 2024, to its short form base shelf prospectus dated November 10, 2023.

    TORONTO, Ontario, July 22, 2025 (GLOBE NEWSWIRE) — Bitfarms Ltd. (Nasdaq/TSX: BITF) (“Bitfarms” or the “Company”), a global energy and compute infrastructure company, today announced that the Board of Directors has approved effective immediately the commencement of a corporate share buyback program. Toronto Stock Exchange (the “TSX”) has accepted the notice filed by the Company to establish a normal course issuer bid program (the “Program”).

    Under the Program, the Company is authorized to purchase up to 49,943,031 of its common shares (out of the 557,548,857 common shares outstanding as at July 14, 2025) representing up to 10% of the Company’s public float of 499,430,313 common shares, during the period starting on July 28, 2025 and ending on July 27, 2026.

    CEO Ben Gagnon stated, “We believe that Bitfarms’ shares are currently undervalued because our Bitcoin business is underappreciated by the market, with little to no value being associated with our HPC potential. This Program demonstrates our confidence in Bitfarms’ business, our management team, and most importantly our high-performance computing data center growth strategy. We strongly believe our unique and highly desirable energy portfolio in Pennsylvania will drive long-term, sustainable growth that is financeable and enables management to leverage its balance sheet strength to drive shareholder value with this buyback program while simultaneously pursuing growth opportunities in HPC/AI to best capitalize on our substantial US energy pipeline.”

    The timing, price and volume of repurchases will depend on a variety of factors including corporate liquidity requirements and priorities, as well as general market conditions, the share price, regulatory requirements and limitations, and other factors.

    Bitfarms may purchase shares, from time to time, through the facilities of the TSX and/or the Nasdaq Stock Market (the “Nasdaq”), or by such other means as may be permitted by the TSX and/or Nasdaq or under applicable law. Daily repurchases on the TSX will be limited to a maximum of 494,918 common shares, representing 25% of the average daily trading volume for the six months ended June 30, 2025 (being 1,979,673 common shares), except where purchases are made in accordance with the “block purchase exception” of the TSX rules. Purchases of common shares through the Nasdaq will be made in the normal course and will not, during the twelve-month period ending July 27, 2026 exceed, in the aggregate, 5% of the outstanding common shares as at the commencement of the Program. All shares purchased by the Company under the Program will be cancelled.

    Purchases will be made by the Company in accordance with the requirements of the TSX and/or the Nasdaq and the price which the Company will pay for any such common shares will be the market price of any such common shares at the time of acquisition, or such other price as may be permitted by the TSX and/or the Nasdaq.

    In connection with the Program, the Company has entered into an automatic repurchase arrangement with its designated broker to allow for purchases of its common shares during certain pre-determined blackout periods, based on Company instructions provided when not in blackout. Outside of these pre-determined blackout periods, any repurchases of common shares will be in accordance with management’s discretion, subject to applicable law. Although the Company has a present intention to acquire its common shares pursuant to the Program, the Company will not be obligated to make any purchases under said Program.

    About Bitfarms Ltd.
    Founded in 2017, Bitfarms is a North American energy and compute infrastructure company that develops, owns, and operates vertically integrated data centers. Bitfarms currently operates 15 data centers situated in four countries, which currently mine Bitcoin: the United States, Canada, Argentina and Paraguay.

    To learn more about Bitfarms’ events, developments, and online communities:

    www.bitfarms.com
    https://www.facebook.com/bitfarms/
    http://x.com/Bitfarms_io
    https://www.instagram.com/bitfarms/
    https://www.linkedin.com/company/bitfarms/

    Forward-Looking Statements
    This news release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. The statements and information in this release regarding potential purchases under the Program, growth opportunities and prospects for the Company, and other statements regarding future growth, plans and objectives of the Company are forward-looking information.

    Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “prospects”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information. This forward-looking information is based on assumptions and estimates of management of Bitfarms at the time they were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of Bitfarms to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors, risks and uncertainties include, among others: an inability to apply the Company’s data centers to HPC/AI opportunities on a profitable basis; a failure to secure long-term contracts associated with HPC/AI customers on terms which are economic or at all; the construction and operation of new facilities may not occur as currently planned, or at all; expansion of existing facilities may not materialize as currently anticipated, or at all; an inability to satisfy the Panther Creek location related milestones which are conditions to loan drawdowns under the Macquarie Group financing facility; an inability to deploy the proceeds of the Macquarie Group financing facility to generate positive returns at the Panther Creek location; the construction and operation of new facilities may not occur as currently planned, or at all; expansion of existing facilities may not materialize as currently anticipated, or at all; new miners may not perform up to expectations; revenue may not increase as currently anticipated, or at all; the ongoing ability to successfully mine digital currency is not assured; failure of the equipment upgrades to be installed and operated as planned; the availability of additional power may not occur as currently planned, or at all; expansion may not materialize as currently anticipated, or at all; the power purchase agreements and economics thereof may not be as advantageous as expected; potential environmental cost and regulatory penalties due to the operation of the former Stronghold plants which entail environmental risk and certain additional risk factors particular to the former business and operations of Stronghold including, land reclamation requirements may be burdensome and expensive, changes in tax credits related to coal refuse power generation could have a material adverse effect on the business, financial condition, results of operations and future development efforts, competition in power markets may have a material adverse effect on the results of operations, cash flows and the market value of the assets, the business is subject to substantial energy regulation and may be adversely affected by legislative or regulatory changes, as well as liability under, or any future inability to comply with, existing or future energy regulations or requirements, the operations are subject to a number of risks arising out of the threat of climate change, and environmental laws, energy transitions policies and initiatives and regulations relating to emissions and coal residue management, which could result in increased operating and capital costs and reduce the extent of business activities, operation of power generation facilities involves significant risks and hazards customary to the power industry that could have a material adverse effect on our revenues and results of operations, and there may not have adequate insurance to cover these risks and hazards, employees, contractors, customers and the general public may be exposed to a risk of injury due to the nature of the operations, limited experience with carbon capture programs and initiatives and dependence on third-parties, including consultants, contractors and suppliers to develop and advance carbon capture programs and initiatives, and failure to properly manage these relationships, or the failure of these consultants, contractors and suppliers to perform as expected, could have a material adverse effect on the business, prospects or operations; the digital currency market; the ability to successfully mine digital currency; it may not be possible to profitably liquidate the current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on operations; an increase in network difficulty may have a significant negative impact on operations; the volatility of digital currency prices; the anticipated growth and sustainability of hydroelectricity for the purposes of cryptocurrency mining in the applicable jurisdictions; the inability to maintain reliable and economical sources of power to operate cryptocurrency mining assets; the risks of an increase in electricity costs, cost of natural gas, changes in currency exchange rates, energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which Bitfarms operates and the potential adverse impact on profitability; future capital needs and the ability to complete current and future financings, including Bitfarms’ ability to utilize an at-the-market offering program ( “ATM Program”) and the prices at which securities may be sold in such ATM Program, as well as capital market conditions in general; share dilution resulting from an ATM Program and from other equity issuances; the risks of debt leverage and the ability to service and eventually repay the Macquarie Group financing facility; volatile securities markets impacting security pricing unrelated to operating performance; the risk that a material weakness in internal control over financial reporting could result in a misstatement of financial position that may lead to a material misstatement of the annual or interim consolidated financial statements if not prevented or detected on a timely basis; risks related to the Company ceasing to qualify as an “emerging growth company”; risks related to unsolicited investor interest, takeover proposals, shareholder activism or proxy contests relating to the election of directors; risks relating to lawsuits and other legal proceedings and challenges; historical prices of digital currencies and the ability to mine digital currencies that will be consistent with historical prices; and the adoption or expansion of any regulation or law that will prevent Bitfarms from operating its business, or make it more costly to do so. For further information concerning these and other risks and uncertainties, refer to Bitfarms’ filings on www.sedarplus.ca (which are also available on the website of the U.S. Securities and Exchange Commission (the “SEC“) at www.sec.gov), including the Company’s annual information form for the year ended December 31, 2024, management’s discussion & analysis for the year-ended December 31, 2024 and the management’s discussion and analysis for the three months ended March 31, 2025. Although Bitfarms has attempted to identify important factors that could cause actual results to differ materially from those expressed in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended, including factors that are currently unknown to or deemed immaterial by Bitfarms. There can be no assurance that such statements will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on any forward-looking information. Bitfarms does not undertake any obligation to revise or update any forward-looking information other than as required by law. Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the Toronto Stock Exchange, Nasdaq, or any other securities exchange or regulatory authority accepts responsibility for the adequacy or accuracy of this release.

    Investor Relations Contact:
    Laine Yonker
    lyonker@bitfarms.com

    Media Contact:
    Caroline Brady Baker
    cbaker@bitfarms.com

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