Category: Artificial Intelligence

  • MIL-OSI Security: Charlotte Man Pleads Guilty to Possessing AI-Generated Images of Minors Engaged in Sexually Explicit Conduct and Child Sexual Abuse Material

    Source: Federal Bureau of Investigation (FBI) State Crime News

    CHARLOTTE, N.C. –Daniel Joseph Broadway, 53, of Charlotte, appeared in federal court today and pleaded guilty to possessing AI-generated images of minors engaged in sexually explicit conduct and child sexual abuse material (CSAM), announced Russ Ferguson, U.S. Attorney for the Western District of North Carolina.

    Robert M. DeWitt, Special Agent in Charge of the Federal Bureau of Investigation (FBI), Charlotte Division, and Chief Johnny Jennings of the Charlotte Mecklenburg Police Department (CMPD), join U.S. Attorney Ferguson in making today’s announcement.

    According to plea documents and today’s court hearing, on December 12, 2023, CMPD officers executed a search warrant at Broadway’s Charlotte residence. From the residence, officers seized nine electronic devices that were later forensically analyzed and found to contain images and videos depicting child sexual abuse material. Some of the images and videos in Broadway’s possession had been AI-generated and some had not. A forensic analysis of the devices revealed that Broadway possessed 8,661 images and two videos of non-AI CSAM. Broadway also possessed 20,292 images and videos of AI-generated CSAM. Many of the non-AI and AI-generated CSAM depicted prepubescent minors that were nude or partially clothed, lasciviously displaying their genitals or engaging in sexual intercourse with adults.

    Broadway pleaded guilty to possession and access with intent to view child pornography involving prepubescent minors and possession of obscene visual representations of the sexual abuse of children, each of which carry a maximum prison sentence of 20 years. Broadway was remanded into custody following his guilty plea. A sentencing date has not been set.

    In making today’s announcement, U.S. Attorney Ferguson thanked FBI and CMPD for their investigation which led to the guilty plea.

    Assistant U.S. Attorney Daniel Cervantes of the U.S. Attorney’s Office in Charlotte is prosecuting the case.

    This case was brought as part of Project Safe Childhood, a nationwide initiative to combat the growing epidemic of child sexual exploitation and abuse, launched in May 2006 by the Department of Justice. Led by U.S. Attorneys’ Offices and the Criminal Division’s Child Exploitation and Obscenity Section (CEOS), Project Safe Childhood marshals federal, state and local resources to better locate, apprehend and prosecute individuals who exploit children via the Internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, please visit https://www.justice.gov/psc.

    MIL Security OSI

  • MIL-OSI: BloFin Surpasses Top Exchange Standards in Performance, Liquidity, and Broker Integration

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, April 29, 2025 (GLOBE NEWSWIRE) — BloFin, a futures-focused trading platform and Title Sponsor of TOKEN2049 Dubai 2025, is accelerating the next generation of trading infrastructure.

    According to its April 2025 technical performance report, BloFin’s trading system outperforms many top-tier global exchanges in key areas, including speed, stability, efficiency, and automation. From ultra-low-latency execution to industry-leading memory and CPU optimization, and the highest level of broker integration and API openness, BloFin is building an infrastructure designed for professional traders and institutions.

    Low-Latency Performance Across Devices: BloFin Delivers Seamless Trading on Both Web and Mobile with Institutional-Grade Speed and Stability

    BloFin Outperforms Top Exchanges with Best-in-Class Homepage, Spot, and Futures Trading Performance. According to real-user data and Google PageSpeed testing, BloFin’s homepage scored 86, outperforming OKX (79), Binance (71), Bitget (60), and Bybit (54), which deliver faster loading, smoother interaction, and a superior first impression for users.

    On the trading side, BloFin’s spot page achieved a score of 66, and its futures page reached 63, both surpassing major competitors.

    These results highlight BloFin’s commitment to offering traders a consistently faster, more stable, and more reliable experience, even under heavy trading loads.

    – Data Source: Google PageSpeed Insights – Core Web Vitals (CWV) performance data

    Ranking Top 3: BloFin Among the Best-in-Class Exchanges for Mobile App Efficiency

    BloFin also continues to lead in mobile performance, ranking among the top three exchanges for app speed and efficiency. With a startup time of just 1.57 seconds, BloFin outperforms BingX, Bybit, and Bitget, allowing traders to access the platform quickly without delay. BloFin also maintains a low stutter rate (68 times), closely following Binance and significantly outperforming Bybit, Bitget, and OKX for a smoother and more stable experience.

    In addition, it demonstrates industry-leading memory efficiency, using only 354 MB compared to Binance (732 MB) and Bitget (832 MB), and achieves the lowest CPU usage at just 17%, which minimizes device strain and maximizes battery life during trading.

    BloFin leads top-tier exchanges in broker integrations, with over 30 external partners, far ahead of Bybit, BingX, MEXC, and others.

    Additionally, BloFin leads the industry with 30 broker integrations, far surpassing other exchanges. Major partners include CCXT, CoinStats, Tuleep Trade, Alertatron, and Crypto OS, giving users unparalleled access to external trading tools and ecosystems. BloFin stands out with clear, verifiable partnerships with top broker platforms.

    The platform currently supports full public API access for futures trading, including copy trading strategies. More than 30 external brokers, including CCXT, CoinStat, and Compendium, are already integrated, making it easy for institutional traders, quants, and strategy providers to connect and operate at scale.

    Additionally, BloFin has introduced direct support for high-frequency bots and automated strategy deployment, allowing users to execute, optimize, and scale their trading operations seamlessly. This infrastructure not only boosts platform liquidity but also promotes organic, strategy-driven growth.

    As BloFin continues to scale its infrastructure and expand its global presence, the platform is setting a new benchmark for speed, strategy, and institutional-grade trading.

    With a commitment to technical excellence and continuous innovation, BloFin is shaping the future of professional crypto trading — staying true to its mission of being Where Whales Are Made.

    Follow BloFin X(Twitter)|TelegramInstagramYouTube

    About BloFin

    ​BloFin is a top-tier cryptocurrency exchange that specializes in futures trading. The platform offers 480+ USDT-M perpetual pairs, spot trading, copy trading, API access, unified account management, and advanced sub-account solutions. Committed to security and compliance, BloFin integrates Fireblocks and Chainalysis to ensure robust asset protection. By partnering with top affiliates, BloFin delivers scalable trading solutions, efficient fund management, and enhanced flexibility for professional traders. ​As the constant sponsor of TOKEN2049, BloFin continues to expand its global presence, reinforcing its position as the place “WHERE WHALES ARE MADE.” For more information, visit BloFin’s official website at https://www.blofin.com.

    Contact:
    Annio W.
    annio@blofin.io

    Disclaimer: This is a paid post and is provided by BloFin. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.

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    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e0e64264-68ce-464a-a4c8-4a0d541f1cb6

    https://www.globenewswire.com/NewsRoom/AttachmentNg/8d004181-f257-4e19-9c20-f50ef6939963

    https://www.globenewswire.com/NewsRoom/AttachmentNg/b9592f38-8f63-458a-9489-e5b534ec4bdd

    https://www.globenewswire.com/NewsRoom/AttachmentNg/f68c4b0e-83da-4f4d-afc2-33b1780fa42d

    The MIL Network

  • MIL-OSI: Introducing Solodev Public Sector: A Cloud-First Platform Built for Government Agencies and Community Infrastructure

    Source: GlobeNewswire (MIL-OSI)

    ST. PETERSBURG, Fla., April 29, 2025 (GLOBE NEWSWIRE) — Solodev, the cloud platform for developers and digital transformation, announced today the launch of Solodev Public Sector, a powerful new service built to help government organizations accelerate their cloud journey. From counties and cities to school districts, sheriff’s offices to libraries, Solodev Public Sector delivers the scalability, reliability, and security that public agencies need to support their citizens in times of stability and crisis.

    Powered by Amazon Web Services (AWS), Solodev Public Sector provides a composable, cloud-native foundation for digital infrastructure that empowers agencies to be nimble and responsive, especially those considered essential to a community’s continuity and safety. Whether it’s keeping websites online during hurricanes in Florida or delivering real-time updates during a public emergency, Solodev ensures that digital services stay live when they matter most.

    “Public sector agencies are more than service providers – they’re lifelines,” said Shawn Moore, CTO at Solodev. “Solodev Public Sector gives governments the power to deliver resilient digital experiences that inform, protect, and support their communities, powered by the unmatched scalability of AWS.”

    A Cloud-First Approach for the New Era of Government

    Cloud technologies are transforming the Public Sector and delivering unmatched security, redundancy, and scalability to achieve mission-based outcomes. According to a report from Forrester on the State of the Cloud in 2025, government agencies are committed to the cloud and its efficiencies – and cloud adoption is extending beyond new applications to the migration of existing workloads.

    Solodev Public Sector harnesses the best of AWS cloud services to meet the uptime, security, and compliance needs of government organizations. The platform leverages essential AWS tools like:

    • EC2 for computing power
    • CloudFront CDN for rapid content delivery
    • Elastic Load Balancing and WAF for performance and security
    • RDS for managed database services
    • And more, all orchestrated to deliver high-availability cloud environments

    Solodev also integrates its enterprise-grade Solodev CMS to give agencies full control over their digital content, ensuring critical information is accessible across channels – even during outages or emergencies.

    Built for the Needs of Government Agencies

    With Solodev Public Sector, agencies can manage a wide range of services through modular features, including:

    • Event calendars
    • News feeds
    • Image galleries
    • ADA accessibility tools
    • Language translation services
    • RESTful API for integrating third-party apps

    This flexibility allows governments to streamline operations, reduce costs, and meet rising citizen expectations – all while maintaining data privacy and adhering to vital compliance benchmarks like accessibility and cybersecurity protocols.

    Supporting Essential Infrastructure – From Elections to Emergency Response

    Solodev Public Sector empowers government agencies across the U.S. to prepare for major storms and public emergencies. Whether it’s a supervisor of elections office managing real-time voter updates or a transit authority delivering urgent detour information, Solodev helps keep citizens informed and connected when they need it most.

    With built-in redundancy and 24/7/365 monitoring, backed by a U.S.-based help desk, Solodev ensures public sector clients receive world-class support around the clock.

    Solodev Public Sector is available via a subscription model and can be purchased directly through the AWS Marketplace. To explore Public Sector solutions, visit www.solodev.com/public-sector or contact Solodev.

    About Solodev

    Solodev helps developers around the globe build amazing customer experiences and collaborate on digital transformation, from code to cloud. The Solodev Platform provides the most complete ecosystem for developing apps and launching brands powered by cutting-edge technologies, including AI, cloud, metaverse, digital, blockchain, and more. Solodev also provides world-class consulting, training, managed services, and 24/7 human support. An Amazon Web Services Advanced Technology Partner, Solodev has achieved AWS competencies in Government, Education, Advertising & Marketing Technology, and Public Safety. Solodev products and services can be purchased at www.solodev.com or in the AWS Marketplace.

    For media inquiries:
    Matt Garrepy
    press@solodev.com

    For sales inquiries:
    Jonathan Morgan
    sales@solodev.com

    The MIL Network

  • MIL-OSI: Growers Edge Raises $25M to Build First Full-Service Fintech Platform for Agriculture

    Source: GlobeNewswire (MIL-OSI)

    JOHNSTON, Iowa, April 29, 2025 (GLOBE NEWSWIRE) — Growers Edge, which provides modern financial products and data-driven tools for agricultural retailers, manufacturers, and lenders, today announced a first close of a new financing round. The round was co-led by S2G Investments, Cibus Capital, and Lowercarbon Capital, with additional participation by Otter Creek, iSelect, and Jeff Ubben, founder of ValueAct Capital.

    The new funding will enable Growers Edge to scale its financial solutions and expand its reach with more ag retailers and lenders, while driving greater adoption of climate-smart agricultural products and practices across the U.S.

    “This milestone is a testament to the creativity and tenacity of our incredible team,” said Matt Hansen, CEO of Growers Edge. “They’re the true innovators who continue to transform complex challenges into real-world solutions for growers, retailers, and lenders.”

    Growers Edge offers a suite of financial products that reduce risk and promote ag innovation, including its Crop Plan Warranty Program, land and climate intelligence solutions, digital mortgage lending products, and input lending tools. As a full-service fintech platform, Growers Edge delivers data-backed products that help agricultural businesses reduce risk and drive growth.

    “Growers Edge is tackling one of the most critical barriers to agricultural innovation – financial risk,” said Ubben. “Their solutions provide ag retailers, lenders, and growers with the critical tools they need to embrace sustainability at scale, creating a clear path to profitability and innovation.”

    The company partners directly with manufacturers, retailers, and industry groups to help growers adopt innovative practices with confidence, and has worked with five of the top ten largest ag retailers and leading organizations, including Nutrien, PepsiCo, Mondelez, Helena Agri-Enterprises, and The Nature Conservancy.

    “Cibus is excited to invest in Growers Edge, who are leading the financial digital disruption of US agriculture with a focus on enabling sustainable farming practices,” said Alastair Cooper, Partner and Head of Venture at Cibus Capital.

    “Farmers want what’s best for their land. But too often, the risk of trying something new means sticking with business as usual,” said Eric Helfgott, Principal at Lowercarbon Capital, known for investing in “better, faster, and cheaper” technologies that also significantly reduce carbon emissions. “By enabling new, sustainable ag practices without the financial risk, Growers Edge is helping climate-smart farming take root.”

    The investment follows several recent milestones for Growers Edge, including acquiring AQUAOSO Technologies, expanding its farmland valuation tool to over 144 million acres, and surpassing one million acres protected through its Crop Plan Warranty program.

    For more information, visit www.growersedge.com.

    About Growers Edge

    Growers Edge provides modern financial products and data-driven tools that help forward-thinking agriculture retailers, manufacturers, and lenders reduce their growers’ risks and costs when adopting newer innovative solutions and practices. The company’s crop plan warranty and input financing solutions are trusted by dozens of retailers and manufacturers to assist hundreds of growers affordably purchase their products and guarantee yields on over one million acres of cropland. For more information, visit growersedge.com.

    John Strackhouse, Vice Chairman of Caldwell, led the recruitment for the CEO of Growers Edge.

    About S2G Investments

    S2G is a multi-stage investment firm focused on venture and growth-stage businesses across food & agriculture, oceans, and energy. The firm provides capital and value-added resources to companies and leadership teams pursuing market-based solutions designed to deliver greater value, improved outcomes, and enhanced performance over traditional alternatives. With a commitment to creating long-term, measurable outcomes, S2G structures flexible capital solutions that can range from venture funding through growth equity to debt and infrastructure financing. For more information about S2G, visit s2ginvestments.com.

    About Cibus Capital LLP

    Cibus Capital LLP is the London-based investment advisor to the Cibus funds. The Cibus funds partner with food and agriculture companies that provide investors with a risk-adjusted return on capital and a sustainable competitive advantage. Cibus has raised over USD 1bn to invest in two strategies: mid-market growth/buyout investments in food production and processing businesses and late-stage agrifood technology companies. For more information, visit cibusfund.com.

    About Lowercarbon Capital

    Lowercarbon Capital is a multibillion-dollar venture capital firm founded by Chris and Crystal Sacca that backs kickass companies making real money slashing CO2 emissions, sucking carbon out of the sky, and buying us time to unf**k the planet. For more information, visit www.lowercarboncapital.com.

    The MIL Network

  • MIL-OSI: Wix Partners with ActiveCampaign to Enhance Customer Engagement and Marketing Automation

    Source: GlobeNewswire (MIL-OSI)

    The partnership  empowers businesses of all sizes, including multi-location brands and franchises, to streamline customer engagement, marketing automation, and website management in one seamless solution

    NEW YORK – Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally1, today announced a partnership with ActiveCampaign, a leading marketing automation platform that helps small teams power big businesses in over 170 countries. This collaboration introduces an integrated solution for businesses of all sizes, franchises and multi-location businesses,  to streamline their website and marketing technology stack, simplifying operations and enhancing customer engagement. 

    By combining Wix’s robust website management capabilities with ActiveCampaign’s advanced marketing automation platform, businesses can seamlessly oversee customer journeys from front-end website interactions to back-office operations. The integration enables effortless syncing of data between Wix websites and ActiveCampaign accounts——allowing for streamlined customer interactions, marketing campaigns and automations, and analytics. Key features include:

    • Streamlined Data Integration: Data is seamlessly synched across both platforms, enabling business to better manage customer interactions and marketing efforts.
    • Scalable Marketing Automation: Businesses can effortlessly create, distribute, and automate highly personalized marketing campaigns By leveraging customer insights—such as form submissions, product purchases, and other behaviors tracked on Wix sites and landing pages—businesses can seamlessly launch targeted, data-driven marketing initiatives.
    • Comprehensive Centralized Reporting: Businesses have a holistic view of performance across their entire network, providing insights into customer engagement, sales conversions, and the effectiveness of marketing campaigns.
    • Enhanced Multi-Location Management: Franchises and multi-location businesses can efficiently manage marketing automation, customer engagement, and website operations across multiple brands and locations using ActiveCampaign HQ.  This centralized platform allows businesses to maintain brand consistency at both corporate and local levels.

    “Whether managing a single site or hundreds of locations, Wix and ActiveCampaign provide an intuitive, scalable solution that simplifies workflows and businesses to focus on growth,” said David Schwartz, VP of Product at Wix. “With this partnership, businesses can qualify and nurture leads seamlessly, personalize sales and marketing efforts using engagement metrics, and enhance operational efficiency by automating repetitive tasks. This solution will ultimately empower businesses of all sizes to manage their brand holistically—driving growth, profitability, and customer loyalty.”

    “Today’s businesses need streamlined solutions that enable them to scale without adding complexity,” said Shay Howe, Chief Strategy Officer at ActiveCampaign. “By combining Wix’s powerful website platform with ActiveCampaign’s marketing automation, we’re giving businesses of all sizes—especially franchises and multi-location brands—the tools they need to personalize customer experiences, automate engagement, and drive measurable growth.”

    The integration is available for Wix users with an ActiveCampaign account.

    About Wix.com Ltd.

    Wix is the leading SaaS website builder platform1 to create, manage and grow a digital presence. Founded  in 2006, Wix is a comprehensive platform providing users – self-creators, agencies, enterprises, and more – with industry-leading performance, security, AI capabilities and a reliable infrastructure. Offering a wide range of commerce and business solutions, advanced SEO and marketing tools, the platform enables users to take full ownership of their brand, their data and their relationships with their customers. With a focus on continuous innovation and delivery of new features and products, users can seamlessly build a powerful and high-end digital presence for themselves or their clients. 

    For more about Wix, please visit our Press Room
    Media Relations Contact:  PR@wix.com  

    1 Based on number of active live sites as reported by competitors’ figures, independent third-party data and internal data as of H1 2024.

    About ActiveCampaign
    ActiveCampaign is an AI-first, end-to-end marketing platform for people at the heart of the action. It empowers teams to automate their campaigns with AI agents that imagine, activate, and validate–freeing them from step-by-step workflows and unlocking limitless ways to orchestrate their marketing. 

    With AI, goal-based automation, and 950+ app integrations, agencies, marketers, and owners can build cross-channel campaigns in minutes–fine-tuned with billions of data points to drive real results for their unique business.

    ActiveCampaign is the trusted choice to help businesses unlock a new world of boundless opportunities–where ideas become impact and potential turns into real results.

    Attachment

    The MIL Network

  • MIL-OSI: Glowforge Selects Mulberry to Redefine Product Protection for Creators

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 29, 2025 (GLOBE NEWSWIRE) — Mulberry, the people-first product protection platform, and Glowforge, the creator of the award-winning 3D laser printer, have announced a new partnership to deliver smarter, more comprehensive protection plans to Glowforge customers — designed for real-world use and real-life accidents.

    “At Glowforge, we’re always seeking out the best solutions for our customers, from precision laser-cutting technology to simple product set-up through warranty coverage,” said Dan Shapiro, CEO and co-founder of Glowforge. “We switched to Mulberry because our customers need more than just extended manufacturer’s warranties — they need enhanced product protection that covers real accidents. Mulberry delivers that.”

    Unlike traditional extended warranty providers that only cover manufacturing defects, Mulberry’s protection plans include accidental damage coverage — a major upgrade and necessity for Glowforge customers who push the limits of innovation in their home and studio spaces.

    “We’re proud to support Glowforge’s mission by offering protection that’s as forward-thinking as their technology,” said Chinedu Eleanya, CEO of Mulberry. “Coverage should be as reliable and creative as the people using the product. That’s why we continue to innovate and push the boundaries with our protection plans.”

    Glowforge customers can now add Mulberry protection seamlessly throughout the purchase process, backed by Mulberry’s AI-powered platform that delivers real-time, personalized coverage recommendations at industry-low prices. Mulberry integrates deep into the Glowforge customer experience, simplifying the claims process so customers can get back to creating faster.

    Mulberry delivers a 90%+ claim approval rate and has been shown to drive an average order value increase of 10% for partners, helping brands build lasting trust with their customers. With this partnership, Glowforge users can innovate with confidence — knowing their investment is protected not just from manufacturer defects, but from the everyday accidents that come with creative experimentation.

    To learn more about Mulberry’s product protection solutions, visit getmulberry.com

    About Glowforge

    Glowforge is the creator of the award-winning 3D laser printer that cuts, engraves, and scores hundreds of materials so you can make magical things. It was founded in 2015 by Chief Executive Officer, Dan Shapiro and Chief Technology Officer, Mark Gosselin, and launched with the world’s largest crowdfunding campaign, raising more than $27 million in pre-orders in 30 days. The company has since secured more than $115 million in funding from some of Silicon Valley’s most prominent investors including the Foundry Group, True Ventures, DFJ Growth, and Revolution Growth. Unlike 3D printers that use additive technology to build objects out of plastic, Glowforge uses subtractive technology to laser cut, engrave, and score products from beautiful materials like wood, leather, acrylic, paper, fabric – even chocolate. A sleek and efficient design makes this industrial-grade technology beautiful and affordable while its cloud-based app makes it easy for anyone to create magical things at the touch of a button.

    About Mulberry
    Mulberry is a people-first product protection platform that offers solutions for retail partners and consumers. Mulberry product protection plans can be purchased directly from Mulberry or through qualified retail partners. Mulberry protects customer purchases from accidental damages and losses with a best-in-class solution that offers simple claims-filing and fast resolutions. To learn more about Mulberry, visit https://www.getmulberry.com.

    Press contact:

    press@getmulberry.com

    The MIL Network

  • MIL-OSI USA: Magaziner to Speak on House Floor Every Day Until Funding for Malnourished Children Is Restored

    Source: US Representative Seth Magaziner (RI-02)

    WASHINGTON, DC — Today, U.S. Representative Seth Magaziner (RI-02) announced that he will speak on the House floor every day the chamber is in session until federal funding for Ready-to-Use Therapeutic Food (RUTF), used to save the lives of malnourished children around the world, is restored. Edesia Nutrition, based in North Kingstown, Rhode Island, is one of two organizations in the United States that manufactures RUTF, along with MANA Nutrition in Fitzgerald, Georgia. The Trump Administration has halted all new orders of RUTF as part of its dismantling of USAID. 

    Edesia-produced RUTF saves 5 million lives in more than 30 countries each year. Despite assurances from Elon Musk and Secretary of State Marco Rubio that funding would be restored, it still has not been. 

    Unlike Senators, Members of the U.S. House of Representatives cannot filibuster, but they are allowed to speak on the House floor for between one to five minutes each day – a right Magaziner plans to use until funding for RUTF is restored. 

    Magaziner will use every opportunity to call attention to what he calls a “moral failure” by the Trump administration, that is costing the lives of innocent children every day that the funding for RUTF, including that manufactured at Edesia, is halted. 

    He released the following statement: 

    “Starting today, I will be taking to the floor of the House of Representatives on each day we are in session to speak out against the Trump administration’s failure to restore funding to save the lives of malnourished children around the world. I was elected to be a voice for Rhode Island’s Second District – and I intend to use my voice each and every day until this life saving aid is restored.”

    BACKGROUND:

    Plumpy’Nut, a ready-to-use therapeutic food (RUTF) is a nutrient-dense, life-saving paste, is one of the most effective methods of treating children with malnutrition. In the United States, USAID’s Office of Food for Peace, primarily through Title II emergency food assistance, has funded the manufacture and distribution of Plumpy’Nut to the developing world for decades.

    Edesia is a nonprofit manufacturer in North Kingstown, Rhode Island, that produces more than 88 million pounds of Plumpy’Nut each year. Their products have treated malnutrition in infants and children across more than 65 countries, saving approximately 26 million lives since 2010.

    Since the Trump Administration took office, Edesia has received no new orders from the federal government, causing production to nearly halt, despite assurances from Elon Musk and Secretary of State Rubio that funding for emergency food aid produced by Edesia will continue.

    Magaziner vowed to keep pressing the issue on the House floor until federal funding for RUTF is reinstated.

    MIL OSI USA News

  • MIL-OSI Russia: BIMAC 2025 Conference Has Become an Effective Platform for Discussing the Digital Transformation of the Industry

    Translation. Region: Russian Federal

    Source: Saint Petersburg State University of Architecture and Civil Engineering – Saint Petersburg State University of Architecture and Civil Engineering – At the conference sections

    The VIII International Scientific and Practical Conference “Information Modeling in Construction and Architecture” (BIMAC-2025), held at the St. Petersburg State University of Architecture and Urban Planning on April 22–25, has ended. Over the course of four days, representatives of the scientific and industry communities discussed the development of digital solutions and their implementation in segments of the construction industry in various sections.

    Focus on digital solutions

    Information modeling of architectural and design solutions, engineering systems, the use of information modeling technologies in estimates, artificial intelligence and training of engineering personnel for the digitalization of construction, parametrics, visual programming, software development, 4D modeling in construction – these were the topics that were the focus of discussions and were considered from the point of view of various representatives of the construction industry. The Consortium of the Construction Industry of the Northwestern Federal District organized a working meeting and a round table “Digitalization of Construction Project Management Processes”. Let us recall that the priority areas of the consortium’s activities are the creation of a system of interaction with administrative, educational, scientific, industrial and public-professional organizations to ensure the region’s leading positions in the construction industry, the effective implementation of national projects and regional development programs.

    In addition, the conference paid attention to advanced training: Deputy General Director of Interregional Institute of Expertise LLC Sergey Dragomirov held a two-day intensive course “Information modeling in construction. Regulatory legal acts and legislative requirements, national standards”, in which he covered the current state of the regulatory framework in the field of application of information modeling technologies (BIM) in the design, construction and operation of capital construction projects.

    Industry exhibition

    An industry exhibition was held on the upper balustrade of SPbGASU. Here one could get acquainted in detail with the offers of partners and exhibitors, among which were the companies “WIZARDSOFT”, “Credo-Dialog”, “ELITA”, GC “NEOLANT”, “Stroygazservis”, BIMIT, “Nanosoft”, CSoft, “ASCON”. Our university also presented its stand.

    “We are manufacturers of engineering systems. Here we present our technologies for BIM. The “Smart Water” software allows you to calculate internal water supply and sewerage, as well as select pumping equipment and pumping units,” said Tatyana Kolegova, a representative of the ELITA company.

    “WIZARDSOFT is a developer of domestic software such as SmetaWIZARD, BIM WIZARD and PlanWIZARD. We are happy to tell you more about them. Visitors actively come to us, especially students. Students of SPbGASU use our programs,” shared a representative of the company “WIZARDSOFT” Alexandra Makarova.

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

    MIL OSI Russia News

  • MIL-OSI USA: SPC Severe Thunderstorm Watch 187

    Source: US National Oceanic and Atmospheric Administration

    Note:  The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports.
    SEL7

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Severe Thunderstorm Watch Number 187
    NWS Storm Prediction Center Norman OK
    855 AM CDT Tue Apr 29 2025

    The NWS Storm Prediction Center has issued a

    * Severe Thunderstorm Watch for portions of
    Northern Arkansas
    Southwest Illinois
    Southern Missouri

    * Effective this Tuesday morning and afternoon from 855 AM until
    300 PM CDT.

    * Primary threats include…
    Scattered damaging winds likely with isolated significant gusts
    to 75 mph possible
    Scattered large hail events to 1.5 inches in diameter possible
    A tornado or two possible

    SUMMARY…A fast-moving line of thunderstorms over southwest
    Missouri and northwest Arkansas will track eastward across the watch
    today. Locally damaging wind gusts and hail are possible with this
    activity.

    The severe thunderstorm watch area is approximately along and 65
    statute miles north and south of a line from 40 miles northwest of
    Harrison AR to 20 miles south of Carbondale IL. For a complete
    depiction of the watch see the associated watch outline update
    (WOUS64 KWNS WOU7).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Severe Thunderstorm Watch means conditions are
    favorable for severe thunderstorms in and close to the watch area.
    Persons in these areas should be on the lookout for threatening
    weather conditions and listen for later statements and possible
    warnings. Severe thunderstorms can and occasionally do produce
    tornadoes.

    &&

    OTHER WATCH INFORMATION…CONTINUE…WW 186…

    AVIATION…A few severe thunderstorms with hail surface and aloft to
    1.5 inches. Extreme turbulence and surface wind gusts to 65 knots. A
    few cumulonimbi with maximum tops to 500. Mean storm motion vector
    25035.

    …Hart

    Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas.
    SAW7
    WW 187 SEVERE TSTM AR IL MO 291355Z – 292000Z
    AXIS..65 STATUTE MILES NORTH AND SOUTH OF LINE..
    40NW HRO/HARRISON AR/ – 20S MDH/CARBONDALE IL/
    ..AVIATION COORDS.. 55NM N/S /34NE RZC – 48ESE FAM/
    HAIL SURFACE AND ALOFT..1.5 INCHES. WIND GUSTS..65 KNOTS.
    MAX TOPS TO 500. MEAN STORM MOTION VECTOR 25035.

    LAT…LON 37629366 38438925 36558925 35749366

    THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A
    COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS
    FOR WOU7.

    Watch 187 Status Report Message has not been issued yet.

    Note:  Click for Complete Product Text.Tornadoes

    Probability of 2 or more tornadoes

    Low (20%)

    Probability of 1 or more strong (EF2-EF5) tornadoes

    Low ( 65 knots

    Mod (30%)

    Hail

    Probability of 10 or more severe hail events

    Mod (40%)

    Probability of 1 or more hailstones > 2 inches

    Low (20%)

    Combined Severe Hail/Wind

    Probability of 6 or more combined severe hail/wind events

    High (90%)

    For each watch, probabilities for particular events inside the watch (listed above in each table) are determined by the issuing forecaster. The “Low” category contains probability values ranging from less than 2% to 20% (EF2-EF5 tornadoes), less than 5% to 20% (all other probabilities), “Moderate” from 30% to 60%, and “High” from 70% to greater than 95%. High values are bolded and lighter in color to provide awareness of an increased threat for a particular event.

    MIL OSI USA News

  • MIL-OSI: Gevo to Report First Quarter 2025 Financial Results on May 13, 2025

    Source: GlobeNewswire (MIL-OSI)

    ENGLEWOOD, Colo., April 29, 2025 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) announced today that it will host a conference call on May 13, 2025, at 4:30 p.m. ET (2:30 p.m. MT) to report its financial results for the first quarter ended March 31, 2025.

    To participate in the live call, please register through the following event weblink: https://register-conf.media-server.com/register/BI14d4db26011d45b9871ce05b8b3c5a63  

    After registering, participants will be provided with a dial-in number and pin.

    To listen to the conference call (audio only), please register through the following event weblink: https://edge.media-server.com/mmc/p/xd9v2i3x  

    A webcast replay will be available two hours after the conference call ends on May 13, 2025. The archived webcast will be available in the Investor Relations section of Gevo’s website at www.gevo.com.

    About Gevo
    Gevo is a next-generation diversified energy company committed to fueling America’s future with cost-effective, drop-in fuels that contribute to energy security, abate carbon, and strengthen rural communities to drive economic growth. Gevo’s innovative technology can be used to make a variety of renewable products, including SAF, motor fuels, chemicals, and other materials that provide U.S.-made solutions. By investing in the backbone of rural America, Gevo’s business model includes developing, financing, and operating production facilities that create jobs and revitalize communities. Gevo owns and operates one of the largest dairy-based renewable natural gas (“RNG”) facilities in the United States, turning by-products into clean, reliable energy. We also operate an ethanol plant with an adjacent carbon capture and sequestration (“CCS”) facility, further solidifying America’s leadership in energy innovation. Additionally, Gevo owns the world’s first production facility for specialty alcohol-to-jet (“ATJ”) fuels and chemicals. Gevo’s market-driven “pay for performance” approach regarding carbon and other sustainability attributes, helps ensure value is delivered to our local economy. Through its Verity subsidiary, Gevo provides transparency, accountability, and efficiency in tracking, measuring and verifying various attributes throughout the supply chain. By strengthening rural economies, Gevo is working to secure a self-sufficient future and to make sure value is brought to the market.

    For more information, see www.gevo.com.

    PUBLIC AFFAIRS CONTACT
    Heather Manuel
    VP of Stakeholder Engagement & Partnerships
    PR@gevo.com

    INVESTOR CONTACT
    Eric Frey, PhD
    VP of Corporate Development
    IR@gevo.com

    The MIL Network

  • MIL-OSI: SugarDaddy.com Reviews [2025] Best Sugar Daddy Website Or A Scam?

    Source: GlobeNewswire (MIL-OSI)

    Las Vegas, Nevada, April 29, 2025 (GLOBE NEWSWIRE) —

    SugarDaddy.com has been at the forefront of sugar daddy dating for more than ten years, bringing sugar daddies and babies together. The 2025 review gives customers a clear picture of what makes this sugar daddy website unique by highlighting the platform’s continued dedication to openness and security and providing a first-rate matchmaking experience.

    Why Wait? Join SugarDaddy.com for Free – Find Your Perfect Match!

    What Is SugarDaddy.com?

    SugarDaddy.com is a premier online platform designed to connect affluent, successful individuals — known as sugar daddies — with attractive and ambitious partners, often called sugar babies. Launched to create mutually beneficial relationships, the site has become one of the most recognized and trusted names in the sugar dating world.

    Founded over a decade ago, SugarDaddy.com was built on the principle that honesty and transparency are key in sugar daddy relationships. It provides a secure and curated environment where users can express their expectations upfront, allowing for clear communication and well-defined arrangements. With an ever-expanding global community, the site caters to professionals, entrepreneurs, models, students, and others looking to connect with like-minded individuals in a respectful, luxury-driven setting.

    Safe, Secure, and Verified – Join SugarDaddy.com Today!

    What sets sugardaddy.com apart from many other sugar daddy websites is its streamlined design, responsive customer support, and dedication to user verification. The platform emphasizes safety and discretion — essential elements for anyone exploring this unique dating style.

    With easy navigation, a robust matching algorithm, and tools designed to enhance compatibility, sugardaddy.com is more than just a dating site — it’s a lifestyle hub for those seeking high-value connections. Whether you’re exploring sugar daddy dating for the first time or are a returning member, the platform continues to lead the industry in innovation and reliability.

    Users can also easily access their accounts through the sugardaddy.com login portal, making account management and communication quick and seamless.

    Find Meaningful Sugar Relationships on SugarDaddy.com

    SugarDaddy.com Reviews: What Are Users Saying?

    Regarding sugardaddy.com reviews, one thing is clear — the platform has made a positive impression on many users. From experienced sugar daddies to newcomers in the sugar dating scene, the feedback paints a compelling picture of trust, efficiency, and success.

    Real User Testimonials

    “I was initially skeptical, but SugarDaddy.com completely changed how I view online dating. I met someone genuine within two weeks!” — Melissa, 27, Miami

    “I’ve been on several sugar daddy websites, and none have matched the class and quality of sugardaddy.com. It’s the real deal.” — David, 49, Los Angeles

    “I appreciate the verification process and how easy it is to filter who I want to meet. I feel safe and in control.” — Tyra, 22, Atlanta

    These reviews are not uncommon. 88% of users polled in SugarDaddy.com’s 2025 internal satisfaction survey stated that they found the site “easy to use and trustworthy.”

    Join SugarDaddy.com – The Best Sugar Daddy Website!

    What Users Love

    • High-quality matches – The platform doesn’t just boast numbers. It ensures that its user base is genuine and well-curated.
    • Discretion & Safety – Privacy settings and a strong moderation team make users feel protected.
    • Efficiency – Many users report finding compatible matches in less than a month.

    Balanced Perspectives

    Not all feedback is perfect — and that’s a good thing. Some users mention that while the sugardaddy.com free version is functional, unlocking the whole experience often requires upgrading. Others wish for more regional filters or additional profile customization tools. Still, the overall satisfaction remains high, especially when compared to anonymous or unmoderated platforms.

    The wide range of sugardaddy.com reviews also speaks to the diversity of experiences. Some seek mentorship and career advice, while others focus on romance, travel, or long-term arrangements. The platform caters to all of these needs with a user-centric approach.

    Whether you’re wondering how to find a sugar daddy or a benefactor seeking a rewarding connection, the feedback from real users shows that sugardaddy.com offers the tools and support needed to succeed.

    With thousands of success stories and a growing user base, SugarDaddy.com ranks among the most talked-about and trusted platforms in the sugar dating community.

    Find Real Sugar Daddies and Sugar Babies – Sign Up at SugarDaddy.com!

    Key Features & How It Works 

    Navigating a new dating platform can be overwhelming, but SugarDaddy.com is designed to make the experience intuitive, secure, and tailored to your unique relationship goals.

    Easy Sign-Up & Verified Profiles

    Getting started is simple. Users can create profiles, add photos, write a brief bio, and define what they seek with a few quick steps. The sugardaddy.com login process is streamlined for desktop and mobile users, ensuring fast access from anywhere.

    To reduce fake accounts and enhance safety, sugardaddy.com employs a verification system that reviews photos and profile content before full access is granted. It helps maintain a respectful community focused on genuine connections.

    Explore the SugarDaddy.com App

    The official sugardaddy.com app offers the same features as the desktop version — with the added convenience of chatting, browsing, and updating your profile. Available for iOS and Android, the app enhances mobility without sacrificing quality.

    Ready to Meet Your Match? Visit SugarDaddy.com Now!

    Advanced Search & Matching Tools

    Users can search by:

    • Age range
    • Income level
    • Interests and lifestyle
    • Location
    • Relationship goals

    These filters help users efficiently connect with compatible matches — saving time and reducing frustration.

    Find Your Perfect Arrangement on SugarDaddy.com

    Messaging & Interaction

    Once a connection is made, messaging is seamless and secure. The in-app communication tools support private chats, media sharing, and even scheduled date planning — all within a safe environment.

    Membership Options

    While the site offers free sign-up and browsing features, a premium membership unlocks full functionality, including:

    • Unlimited messaging
    • Priority profile visibility
    • Advanced match suggestions

    Many users find that upgrading enhances their success rate significantly, making it a worthwhile investment for serious seekers.

    Create Your Free Profile on SugarDaddy.com and Start Connecting!

    Accessibility

    Whether using the mobile app or logging in through a browser, sugardaddy.com is designed for speed and usability. The sugardaddy login page is responsive and user-friendly, even for those new to online dating.

    In short, SugarDaddy.com combines form and function, offering a beautiful, easy-to-use platform without compromising features or privacy.

    Is SugarDaddy.com Legit or a Scam?

    Trust and legitimacy are paramount in online dating, especially in the sugar daddy and sugar dating niche. With the rise of online dating platforms, users often question the credibility of these services. It leads to the burning question: Is SugarDaddy.com legit or a scam?

    SugarDaddy.com: A Trusted Platform

    SugarDaddy.com has built its reputation over the years by creating a safe and secure environment for sugar daddies and babies. It’s not just a platform for casual connections — it’s a carefully curated space for people serious about forming mutually beneficial relationships.

    The first and most crucial aspect that sets SugarDaddy.com apart from other sugar daddy websites is its commitment to user verification. Unlike many dating sites, SugarDaddy.com employs a rigorous user verification process. It includes photo verification and manual checks to ensure that profiles are genuine, reducing the risk of encountering scammers or fake accounts. As a result, users can feel confident interacting with real people who share similar relationship goals.

    Get Instant Access to SugarDaddy.com – Sign Up for Free!

    Security Measures

    When it comes to online dating, security is a top priority. SugarDaddy.com takes every precaution to protect its users’ personal information and ensure that private conversations and financial arrangements remain confidential. The site uses advanced encryption technology, safeguarding sensitive data and protecting users from identity theft.

    Moreover, SugarDaddy.com provides features that allow users to report suspicious behavior or scammers, creating a community-driven atmosphere of accountability. If you ever feel uncomfortable or encounter someone who seems untrustworthy, the platform offers clear steps for reporting and blocking users.

    Scam Protection

    One of the most significant concerns for those exploring sugar dating is the potential risk of scams or fraudulent activity. Fortunately, SugarDaddy.com offers several scam-protection measures. These include:

    • Profile verification: Ensuring that the members are real and actively seeking connections.
    • Moderation of content: The platform’s team closely monitors user activity to flag inappropriate or suspicious behavior.
    • Clear guidelines: The site has detailed terms of service and user conduct rules that prohibit fraudulent activities, including soliciting money or gifts under pretenses.

    Upgrade Your Dating Life – Find a Sugar Daddy at SugarDaddy.com!

    User Reviews and Feedback

    Looking at sugardaddy.com reviews, the consensus is clear: the platform has earned a strong reputation for being safe, secure, and reliable. Users consistently report positive experiences, citing the security features, ease of use, and genuine profiles as the primary reasons they trust the site. With robust measures to protect against scams and fraud, SugarDaddy.com has become one of the most trusted names in the sugar dating industry.

    While no online platform is without occasional hiccups, SugarDaddy.com goes above and beyond to address any concerns promptly. The website’s attention to user safety and commitment to maintaining a positive environment has contributed significantly to its strong reputation.

    Legitimate Dating Experience

    So, is SugarDaddy.com a scam? The answer is clear: no. With its comprehensive security measures, verified profiles, customer service, and commitment to providing a legitimate dating experience, SugarDaddy.com is firmly established as a trusted platform for those exploring sugar daddy dating.

    Unlike other sugar daddy websites, SugarDaddy.com stands out for its transparency, user protection policies, and consistent feedback from satisfied members. Whether you’re a first-time user wondering how to get a sugar daddy or someone experienced looking for a serious arrangement, SugarDaddy.com provides an authentic and safe environment to meet like-minded individuals.

    Sign Up for Free at SugarDaddy.com

    Expert Tips for New Users

    Entering the world of sugar dating can feel intimidating, especially if you’re new to the concept of connecting with a sugar daddy or sugar baby. Whether you’re looking for a casual arrangement or a more long-term connection, SugarDaddy.com offers a range of resources to help you get started and confidently navigate the platform. Here are some expert tips to ensure that your experience is enjoyable, safe, and successful:

    1. Craft a Genuine, Thoughtful Profile

    When it comes to online dating, your profile is your first impression. The key to attracting genuine connections on SugarDaddy.com is authenticity. Be honest about your intentions, what you’re looking for in a partner, and what you have to offer. A well-crafted profile will set you apart from others and give potential matches a clear understanding of your desires and expectations.

    • For sugar daddies: Highlight your success, lifestyle, and what you seek in a sugar baby. Be clear about your interests and relationship goals.
    • For sugar babies: Express your goals, aspirations, and what you’re looking for in a mutually beneficial relationship. Sharing your hobbies, career ambitions, and interests will help attract the correct type of partner.

    2. Take Advantage of Profile Verification

    To build trust and ensure a safer experience, always take advantage of the sugardaddy.com verification process. It not only proves you’re a genuine user, but it also boosts your visibility on the platform. Verified profiles are more likely to receive attention from other high-quality members, whether you’re searching for a sugar daddy or a sugar baby.

    Connect with Successful Singles on SugarDaddy.com

    3. Use the Advanced Search Filters

    SugarDaddy.com offers a variety of filters to help you connect with the right people. Use these tools to narrow your search by interests, relationship type, age, income level, and location. The more specific you are about what you’re looking for, the better your chances of finding a compatible match.

    4. Respect Boundaries and Communication

    Building trust is essential in sugar dating. Always communicate openly and respectfully with your potential matches. Be upfront about your expectations, desires, and limits. Likewise, make sure to listen and respect the boundaries of your match. Whether it’s about finances, time commitments, or the nature of the relationship, clear communication will help you establish a strong foundation.

    Avoid being too forward or overly aggressive when you send a message or initiate contact on SugarDaddy.com. Start with a friendly introduction and express your interest thoughtfully. A good conversation can pave the way for a meaningful connection.

    Discover the Best Sugar Dating Experience on SugarDaddy.com

    5. Practice Safety First

    Safety should always be a top priority, as with any online dating platform. SugarDaddy.com offers several features to protect your personal information, but taking precautions is always smart.

    • Avoid sharing personal details such as your full address or financial information early on.
    • Arrange to meet in public places for initial dates, especially if you’re unsure about the person you’re meeting.
    • Trust your instincts — if something feels off, don’t hesitate to block or report a user.

      Sign Up on SugarDaddy.com – Discreet & Secure

    6. Upgrade for More Features

    While SugarDaddy.com offers free membership, upgrading to a premium plan provides access to enhanced features like unlimited messaging, priority profile visibility, and advanced matchmaking. If you’re serious about sugar dating, investing in a premium membership can significantly increase your chances of finding a quality match.

    Many users find that upgrading to premium speeds up the process and allows them to connect with higher-quality, serious members. Whether you’re looking for a sugar daddy or a sugar baby, a premium membership provides more tools to help you succeed.

      Find a Mutually Beneficial Relationship with SugarDaddy.com

    Pros and Cons of SugarDaddy.com

    When evaluating any online platform, especially in the sugar dating world, it’s essential to consider the advantages and potential drawbacks. SugarDaddy.com is a widely trusted platform, but like any service, it has strengths and areas that may need improvement. Here, we break down the pros and cons of using SugarDaddy.com to help you make an informed decision.

    Pros of SugarDaddy.com 

    1. Verified Profiles and Enhanced Security

    One of the most significant advantages of SugarDaddy.com is its commitment to user safety and profile verification. The site uses a verification process to ensure the people you connect with are real. It significantly reduces the risk of encountering fake profiles, which is a common issue on less regulated sugar daddy websites.

    Furthermore, the platform takes privacy and security seriously, with data encryption and moderation to prevent scams. The ability to report suspicious users adds an extra layer of protection for members.

    2. User-Friendly Interface

    SugarDaddy.com is designed with the user in mind. The layout is sleek and intuitive, making it easy for sugar daddies and babies to navigate the platform. The process is straightforward, whether you’re signing up, uploading photos, or browsing profiles. Additionally, the sugardaddy.com app mirrors the site’s functionality, offering convenience and flexibility for users on the go.

    Find a Successful Sugar Daddy at SugarDaddy.com!

    3. A Large and Diverse Community

    With an extensive international user base, SugarDaddy.com gives you access to thousands of potential matches. Whether you’re a sugar daddy seeking companionship or a sugar baby looking for mentorship, there are numerous opportunities to connect with people with similar interests and goals. The diverse community has people from various backgrounds, careers, and relationship expectations.

    4. Robust Matching and Search Features

    The advanced search and matchmaking tools on SugarDaddy.com allow users to find matches that meet their specific criteria. Filters based on location, age, income level, and relationship goals make connecting with people who align with your desires easy. The platform’s algorithm enhances your chances of meeting someone compatible, streamlining the search process.

    5. Flexible Membership Options

    While the platform offers a free version with basic features, SugarDaddy.com also provides premium memberships that unlock additional functionalities. These include unlimited messaging, advanced search tools, and priority profile visibility. For those serious about finding a connection, the paid membership options provide greater flexibility and enhanced matchmaking.

    6. Real User Reviews and Testimonials

    Another significant benefit is the wealth of positive sugardaddy.com reviews and testimonials from users who have found success on the platform. Many report genuine, long-term connections, which speaks to the credibility and effectiveness of the site in fostering sugar-dating relationships.

    Join the best sugar daddy dating website!

    Cons of SugarDaddy.com

    1. Premium Membership Costs

    While SugarDaddy.com offers free access to its basic features, the more advanced capabilities require a premium membership. Some users may find the premium plans costly, especially for those just starting or uncertain about the value of upgrading. However, considering the increased functionality and enhanced visibility a premium account provides, it may be worth the investment for serious users.

    2. Limited Customization for Profiles

    Though the platform offers a user-friendly interface, some users have mentioned that profile customization options are somewhat limited. You might feel restricted if you want to add more detailed personal information or express yourself creatively. The layout is clean and straightforward, but some may prefer more flexibility in designing their profiles.

    3. It’s Not for Everyone

    SugarDaddy.com is specifically designed for those interested in sugar dating — which may not be appealing to everyone. If you’re seeking conventional dating, this platform may not fit your needs best. The site’s focus on mutually beneficial relationships may not suit everyone’s preferences, and newcomers to the sugar daddy lifestyle may need some time to adjust to the dynamics of these types of connections.

    Find Your Perfect Arrangement on SugarDaddy.com

    Why SugarDaddy.com Leads the Sugar Dating Movement

    SugarDaddy.com offers a safe and structured space to pursue this modern dating model among the various sugar daddy websites. It’s more than just a platform — a community built around mutual respect and genuine connections.

    By providing detailed profiles, verified users, and strong moderation, the site helps ensure that sugar dating relationships begin on a foundation of trust and clarity. Users can confidently state what they seek — luxury travel, business mentorship, emotional support, or lifestyle enhancement — and find a match that appreciates and respects those desires.

    How to Get a Sugar Daddy on SugarDaddy.com

    If you’re new to the concept and wondering how to get a sugar daddy, SugarDaddy.com offers all the tools you need to succeed. Here are a few tips to get started:

    • Create a compelling profile: Be clear about your goals, interests, and what you seek in a relationship.
    • Be honest and upfront: Sugar dating works best when expectations are clear.
    • Use filters wisely: The site allows you to narrow your search based on income, location, lifestyle, and relationship goals.
    • Stay active: Keep your profile updated, engage in conversations, and remain responsive.

    Thousands of users have found success through the platform, and sugardaddy.com reviews consistently reflect positive experiences from sugar daddies and babies.

    Experience Elite Sugar Dating at SugarDaddy.com

    Who Is SugarDaddy.com Best For?

    Whether you’re new to sugar dating or have prior experience navigating this unique relationship style, choosing the right platform that aligns with your goals is essential. SugarDaddy.com caters to a diverse audience, but it especially shines for people who value clarity, mutual respect, and meaningful connections in a sugar daddy dynamic.

    So, who exactly is SugarDaddy.com best for?

    1. Successful Professionals Seeking Companionship

    SugarDaddy.com is ideal for high-earning individuals who are financially established and don’t have the time or interest in traditional dating. Many sugar daddies on the platform are:

    • CEOs, executives, or entrepreneurs
    • Investors or public figures
    • High-income professionals seeking discretion and emotional fulfillment

    These users want companionship that complements their lifestyle — without the guesswork or drama that can come with conventional dating. Sugar dating is a conscious choice for them: an arrangement based on transparency and mutual benefit.

    Start Meeting Successful Sugar Daddies Today

    2. Ambitious Sugar Babies with Goals

    On the flip side, SugarDaddy.com is a top destination for driven individuals — especially sugar babies who know what they want. Many are:

    • College students seeking financial help or mentorship
    • Creatives, models, or influencers aiming to grow personally and professionally
    • Adventurous individuals looking for travel opportunities or luxury experiences

    What unites them is a shared interest in connecting with partners who appreciate their energy, beauty, and ambition. SugarDaddy.com gives them a voice and a platform to express what they want — whether it’s support with tuition, emotional mentorship, or lifestyle enhancement.

    3. People Who Value Clear Relationship Terms

    If you’re someone who dislikes ambiguity in relationships, SugarDaddy.com is built for you. The platform is structured around honest communication, and most users state their intentions from the beginning.

    Whether you’re a sugar baby looking for financial stability and guidance or a sugar daddy offering support in exchange for companionship, SugarDaddy.com is where these relationships flourish — free from judgment and filled with mutual understanding.

    Explore Premium Sugar Dating Opportunities

    4. Those Who Want a Premium Sugar Dating Experience

    If you’re tired of cluttered apps, fake profiles, and low-effort interactions, SugarDaddy.com offers a premium sugar dating environment. Verified members, top-notch security, and elite-level design create a space that feels more like a luxury lounge than a basic dating site.

    For those wondering how to find a sugar daddy or attract the right sugar baby, SugarDaddy.com is optimized for success. With features that elevate matchmaking, visibility, and safety, it’s the ideal platform for anyone seeking a serious arrangement built on respect, clarity, and generosity.

    Unlock Luxury Dating – Join SugarDaddy.com

    How to Get Started with SugarDaddy.com

    If you’re ready to explore the world of sugar dating and want a smooth, secure, and high-quality experience, getting started on SugarDaddy.com is easy. Whether you’re searching for a generous sugar daddy or a charming, ambitious sugar baby, the platform makes it simple to take the first step.

    Here’s a step-by-step guide on how to dive into the sugar dating scene with confidence and clarity.

    Step 1: Create Your Free Account

    Visit SugarDaddy.com and click the “Join Now” or “Sign Up” button. The sign-up process is quick and user-friendly. You’ll be asked to provide basic information such as:

    • Username
    • Gender and the type of relationship you’re looking for
    • Age and location
    • A short bio or introduction

    Whether you’re a sugar daddy or sugar baby, this is your opportunity to make a strong first impression. Keep it authentic and honest!

    Sign Up and Meet Genuine Sugar Daddies Now

    Step 2: Complete Your Profile and Upload Photos

    Once you’ve created your account, it’s time to build your profile. Add a high-quality photo that represents your personality and style. Write a clear, compelling bio that outlines your goals, interests, and what you’re looking for in a sugar dating relationship.

    Don’t be vague — transparency makes the SugarDaddy.com experience so unique. Want mentorship? Financial support? Travel companionship? Say it proudly.

    Step 3: Verify Your Profile

    To gain credibility and stand out from the crowd, verify your profile. Verification adds a badge to your account and builds trust with other users. This step is highly recommended for both sugar daddies and sugar babies and helps reduce the chances of running into fake accounts.

    It is why sugardaddy.com reviews consistently praise the platform for offering a safe and authentic dating space.

    Step 4: Browse and Connect

    Use the powerful search filters to browse through potential matches. You can sort by age, location, lifestyle preferences, and relationship goals. Did you find someone interesting? Send a message or a wink to break the ice. Premium membership gives you unlimited messaging access and more profile insights.

    Looking to explore while you’re on the move? Download the sugardaddy.com app for instant access on your phone, and stay connected with your matches 24/7.

    Discover Exclusive Sugar Dating Connections

    Final Tip

    Your success on SugarDaddy.com comes down to honesty, intention, and presentation. Whether new to the concept or experienced in the sugar dating scene, this platform is designed to give you the tools to build honest, respectful, and beneficial connections.

    Upgrade Your Lifestyle – Join SugarDaddy.com

    FAQ

    Is SugarDaddy.com a legitimate dating site?

    Yes, SugarDaddy.com is a legitimate sugar dating platform designed to connect successful individuals (sugar daddies/mommies) with attractive companions (sugar babies). It offers profile verification tools and premium features that enhance user safety and experience. However, as with any dating site, users should practice caution and follow safety guidelines when engaging with others.

    How does SugarDaddy.com work?

    SugarDaddy.com allows users to create profiles, browse potential matches, and communicate through messaging tools. Users can specify relationship expectations and preferences, making it easier to find compatible connections. Premium memberships unlock additional features such as unlimited messaging and advanced search filters.

    Is SugarDaddy.com free to use?

    While creating a basic profile on SugarDaddy.com is free, many of the platform’s best features—such as sending messages and viewing full profiles—require a paid membership. Both sugar daddies and sugar babies may choose to upgrade to get the most out of the platform.

    Is SugarDaddy.com safe?

    SugarDaddy.com has various safety features, including profile moderation and a block/report system. While these measures improve safety, users should always remain vigilant, avoid sharing personal or financial information too early, and meet in public places when connecting in person.

    Who should use SugarDaddy.com?

    SugarDaddy.com is ideal for adults looking for mutually beneficial relationships, whether financial, lifestyle, or mentorship-based. It’s designed for open-minded individuals who are clear about their goals and respectful of others’ boundaries.

    Media Contact
    Company: Sugar Daddy LLC
    Contact Person: Christopher A. Waldo
    Email: support@sugardaddy.com
    Address: 5820 Sunset Ridge Ave, Las Vegas, Nevada, USA
    URL: https://www.sugardaddy.com/
    Phone: +1 (888) 841-4235
    Content Accuracy Disclaimer
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    It is the responsibility of the reader to verify product information directly through the official website or manufacturer prior to making a purchasing decision. Any reliance placed on the information in this article is done strictly at your own risk.
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  • MIL-OSI: cBrain aims to create and lead two new global solution niches

    Source: GlobeNewswire (MIL-OSI)

    Company Announcement no. 05/2025

    cBrain aims to create and lead two new global solution niches

    Copenhagen, April 29, 2025

    The faster-than-anticipated shift in the government IT market toward COTS government software presents new strategic opportunities for cBrain. As a result, cBrain (NASDAQ: CBRAIN) has announced to adjust its growth strategy during the first half of 2025 to capitalize on these market changes.

    Consequently, the growth strategy is extended by adding a focus on two market niches with global potential. Utilizing a strong financial position, cBrain is now building two new units, dedicated to achieving global leadership in two global solution areas, referred to as Paperless Ministry and Environmental Permitting.

    Solid development in Denmark and internationally

    cBrain has entered the year as planned with continued development in Denmark and international markets.

    In January, cBrain announced an agreement to deliver the F2 Digital platform for the new Danish Ministry of Resilience and Preparedness. The F2 solution was configured for the ministerial work, ready-to-go-live, in 3 weeks.

    In March cBrain announced the successful delivery of the F2 Digital platform for the Danish Energy Agency. F2 has been configured as a grant management solution to support the heat pump subsidy program. At launch the agency said the new solution exceeded all expectations, with almost 70% of all applications being processed fully automatically, and the first 930 citizen applications approved within only minutes of launching the subsidy program.

    In Germany, cBrain continues deploying F2 with the agency that administrates public pensions. Several thousand users have gone live during the first months of the year, and cBrain has won a new tender extending the scope of work.

    In Romania, cBrain’s partner has won a public tender to deliver a new national platform for administrating citizen pensions. F2 is now being configured as the case management and processing kernel, supporting close to 100 different administrative processes and integrating with multiple other systems. cBrain sees the project as a milestone both technically and strategically, demonstrating the power of the F2 Service Builder and the early success of the F2-for-Partner strategy.

    Taking leadership within Paperless Ministry and Environmental Permitting

    The long-term cBrain growth strategy is founded on a vision and a business case to provide standard software for government. Working in close collaboration with Danish government for 15 years, cBrain has invested more than 450,000 hours in developing the F2 platform.

    Today, almost all Danish ministries, and more than 75 Danish authorities in total, use F2 as their digital platform. Internationally, cBrain has delivered F2 to government organizations across five continents. With Denmark ranked number one in the United Nations E-Government Survey for the past eight years, this offers cBrain a strong first-mover advantage and a solid reference position.

    Leveraging the F2 software platform, cBrain is executing an ambitious international growth plan with the aim of becoming a global leader in the fast emerging market for Commercial Off-The-Shelf (COTS) software built for government.

    With the 2024 Annual Report, cBrain stated that the transition from custom-built IT solutions to standardized platforms seems to emerge faster than anticipated. This assumption seems to be continuously validated throughout the spring. An increasing number of competitors are repositioning themselves as COTS suppliers, and the White House issued an executive order in April directing the administration to prioritize the procurement of commercial off-the-shelf solutions rather than procuring custom products and developing systems.

    The faster-than-anticipated shift in the government IT market toward COTS government software presents new strategic opportunities for cBrain. As a result, cBrain has announced an adjustment to its growth strategy during the first half of 2025 to capitalize on these market changes.

    The core of cBrain’s growth strategy is built on serving large government clients, securing steady, sustainable growth through long-term software subscriptions, and accelerating international growth through the F2-for-Partners concept.

    The growth strategy is now being extended by adding a focus on two market niches with global potential. Utilizing a strong financial position, cBrain is now building two new units, dedicated to achieving global leadership in two global solution areas, referred to as Paperless Ministry and Environmental Permitting.

    The F2 Paperless Ministry Solution

    cBrain has built a strong home market position in Denmark. This position has been achieved by taking leadership as the supplier of the F2 Paperless Ministry solution, which today is the digital platform for almost all Danish ministries.

    In the autumn 2024 the Danish government announced 3 new ministries, and in January cBrain announced that all 3 new ministries have now chosen F2 as their digital platform. The F2 ministry solution was installed and configured, ready to go live within only 3 weeks. The new ministerial projects demonstrate the power of Commercial Off-The-Shelf (COTS) for government solutions and consolidate cBrains unique position in the Danish market.

    Building from the paperless ministry leadership position, cBrain has successfully been able to expand outside the ministerial solution niche into the broad Danish government market. Today serving more than 75 Danish government organizations with a large catalog of citizen-facing solutions, from tax solutions and auditing to grants management, inspections, licensing, and family affairs.

    A key pillar of the expanded growth strategy is to replicate the Danish success by establishing bridgeheads in new international markets, based on a focused, vertical go-to-market approach centered around the Paperless Ministry offering. The ultimate goal is to achieve global niche leadership, thereby securing a strong foundation for future growth.

    cBrain is currently testing and validating the new strategic Paperless Ministry initiative, with market initiatives in Europe and Africa.

    In Europe, cBrain is still working to establish contacts with ministries in selected countries. In Africa, the initial market activities have led to a pilot project, where the Danish Paperless Ministry solution was configured and made ready to go live for a Kenyan ministry in just 10 weeks.

    cBrain is now developing a go-to-market plan for the African region, working closely with Danish embassies in Africa and aligning with the UNDP Digital Offer for Africa strategy. This builds on the partnership with UNDP announced in November 2024. cBrain sees the African Paperless Ministry solution, leveraging Danish government experience, as a unique tool to help African governments achieve fast digital transformation.

    Environmental Permitting

    As a second pillar of its expanded growth strategy, and in parallel with the Paperless Ministry initiative, cBrain has launched an ambitious initiative to position the F2 Environmental Permitting solution as a strategic niche offering, aiming to take a leading international market position.

    The importance of environmental assessment and permitting is growing worldwide. Government review and permitting processes are required for many infrastructure projects, including roads, bridges, mines, factories, and power plants. In April 2025, the White House issued an executive order stating that executive departments and agencies shall make maximum use of technology in environmental review and permitting processes for infrastructure projects of all kinds.

    In close collaboration with the Danish Environmental Protection Agency (EPA), cBrain has developed an F2 based Environmental Permitting solution that eliminates the use of paper-based applications and accelerates case processing time and quality.

    In July 2024, the White House Council on Environmental Quality (CEQ) issued a report to Congress that assesses and recommends technologies to improve environmental reviews and permitting processes. In this report, the cBrain F2 Platform is highlighted as a successful process and AI tool for environmental permitting.

    cBrain therefore views environmental permitting as a potential niche entry point into the U.S. market, at both the federal and state levels, supporting its decision to invest in this area as the second pillar of its expanded growth strategy.

    cBrain maintains its financial guidance for 2025

    cBrain has provided financial guidance for the year, with an expected revenue growth of 10-15% and EBT (Earnings Before Tax) of 18-23%. cBrain maintains its financial guidance for 2025.

    The allocation of leadership and delivery resources to support the new niche initiatives may temporarily slow current activities. However, the expanded growth strategy is expected to drive new business and accelerate overall growth over time. Depending on the pace of success, executing the expanded growth strategy therefore introduces uncertainty to the 2025 revenue outlook, both on the upside and downside.

    In the 2025 budget cBrain has allocated extra one-time costs to market expansion of approximately 4 million Euro to support the revised strategy. These costs are fully included in the financial outlook for 2025 but are conditional on the validation to ensure disciplined growth.

    Best regards

    Per Tejs Knudsen, CEO

    Inquiries regarding this Company Announcement may be directed to

    Ejvind Jørgensen, CFO & Head of Investor Relations, cBrain A/S, ir@cbrain.com, +45 2594 4973

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  • MIL-OSI Russia: The Academic Council discussed youth policy issues

    Translation. Region: Russian Federal

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    The meeting of the Academic Council began, as per tradition, with a pleasant ceremony of honoring the Polytechnicians and the university’s partners.

    For her significant contribution to the development of the university, the rector of SPbPU Andrey Rudskoy awarded the commemorative badge “For Merit” to the federal inspector for St. Petersburg of the Office of the Plenipotentiary Representative of the President of the Russian Federation in the Northwestern Federal District Tatyana Kubrakova.

    Then Andrey Ivanovich congratulated the graduate and postgraduate student of the Polytechnic University, assistant of the Higher School of Sports Pedagogy of the Institute of Physical Culture, Sports and Tourism, Honored Master of Sports of the Russian Federation, World and European Champion in short water Kirill Prigoda with a recent victory at the Russian Swimming Championship. The Polytechnician was the best in five distances: 50, 100, 200 meters breaststroke, in the 4×100 relay medley swimming and broke the Russian record. Kirill is the pride of the Polytechnic University, and given his great contribution to strengthening the positive image of the university, the Rector of SPbPU presented him with the main award of the university – the “For Merit” badge with special feeling.

    Candidate of Pedagogical Sciences diplomas were awarded to Igor Rovnin, a graduate of the Institute of Physical Culture, Sports and Tourism, deputy director of the private general education institution Gazprom School Saint Petersburg (academic supervisor – professor of the Higher School of Sports Pedagogy of SPbPU Alexander Bolotin) and senior lecturer of the Department of Foreign Languages Galina Borshchenko (academic supervisor – doctor of pedagogical sciences, professor Anna Rubtsova).

    Milana Zhavner received an associate professor’s certificate in the scientific specialty “Mechanical Science”.

    It’s time to honor the winners and prize winners of various competitions and contests. Winner of the Gazprom Neft League of Universities Award The SPbPU team won in the “Big Prospects” nomination, presenting an additional professional development program “Reverse Engineering of Oil Industry Enterprises”: Vice-Rector for Continuing and Pre-University Education Dmitry Tikhonov, Director of the Information Technology and Business Analysis Research Center “Gazprom Neft” Irina Rudskaya, Head of the Directorate of Continuing Education and Industry Partnership, Head of the Program Ivan Kurta, and Leading Analyst of the Directorate of Continuing Education and Industry Partnership Natalia Ivanova.

    The team of the Higher School of Media Communications and Public Relations of the Humanitarian Institute, consisting of Adelina Borodina, Aya Klimacheva, Vladislava Smelova, and Taisiya Temirova (project mentor – Director of the Higher School of Media Communications and Public Relations Marina Arkannikova), won in two nominations of the All-Russian competition of student works “Archer of the Future”.

    And the volunteer project “Polytech Gives Good” by students of the Higher School of Microbiology and Social Sciences Sofia Ryabinina and Elina Avakova took 1st place in the All-Russian competition “School of Volunteers”.

    L. N. Gumilyov Eurasian National University (Kazakhstan) sent letters of gratitude to Polytechnic University teachers Natalia Chicherina, Maya Bernavskaya, Evgenia Tuchkevich and Evgenia Vorontsova for promoting fruitful educational and scientific cooperation, supporting scientific events and active participation in the international seminar “New paradigms of scientific research in the era of AI: opportunities and transformation of research practices”.

    The SPbPU Certificate of Honor for many years of conscientious work and high professionalism was awarded to the Head of the Quality Control Department, Maxim Dyuldin.

    For the first time in the history of the Polytechnic Military Training Center, for excellent academic performance, active civic position, initiative and diligence demonstrated in volunteer work and assistance to participants of the SVO, students of the communications department Grigory Aleksandrov (IMMiT) and Artem Tikhonravov (IEIT) received departmental awards of the Ministry of Defense of the Russian Federation – the medal “Marshal of the Signal Troops Peresypkin”.

    Lecturer at the Institute of Secondary Vocational Education Tatiana Tsvetkova received two awards – gratitude from the Committee on Science and Higher Education “For conscientious work, great personal contribution to the development of the professional education system of St. Petersburg” and gratitude from the rector of SPbPU A. I. Rudskoy “For the successful organization and holding of the opening Museum of the History of the Development of Public Catering in St. Petersburg as part of the St. Petersburg government project “St. Petersburg cuisine”.

    At the international robot fighting championship RoboWars, which took place in the Indian city of Surat during the largest technology festival Mindbend and brought together more than 80 teams from different countries, the CML-team of the Student Design Bureau of the Advanced Engineering School “Digital Engineering” won – engineer of the Experimental Design Bureau of the SPbPU PISh Vsevolod Bolshakov and laboratory assistant of the Experimental Design Bureau of the SPbPU PISh Daria Kuatkhina. The guys also became winners in the individual competition “Battle of Robots – KRASHILOVO”, in which more than 40 teams from different regions of Russia participated.

    As always, the athletes pleased us with their success. The Polytechnicians became the first in the St. Petersburg student cheerleading competitions (thanks to students Marat Gainutdinov, Victoria Nechaeva, Arina Rakhmatulina and Margarita Senina)

    According to the results of the student karate competitions (VKF) within the framework of the St. Petersburg Student Sports Games 2025, Polytech won 1st place in the overall team standings. This is the merit of the coach of the Student Sports Club “Black Bears-Polytech” Elizaveta Orlova, as well as students Anastasia Vasilenko, Maria Luganskaya and Valery Kazantsev.

    The SPbPU hockey team also won the All-Russian final of the Student Hockey League championship and earned special congratulations from the SPbPU Academic Council.

    After the official ceremony, the Academic Council moved on to the agenda. Vice-Rector for Youth Policy and Communication Technologies Maxim Pasholikov spoke about the implementation of youth policy at the university.

    “It is important that students from their first year begin to understand the values our university lives by, accept these values and leave the Polytechnic as spiritually mature people with the right life guidelines,” emphasized Maxim Pasholikov. “Our communities have always been the main actor in our youth policy. It is impossible to reach all 30 thousand students given the limited resources. That is why trade union organizations, the headquarters of student teams, the adapter movement, patriotic and sports clubs, creative associations that attract a large number of young people are important to us, and, accordingly, through them, through their leaders, we work with young people.”

    Maxim Aleksandrovich noted that the leaders of student associations in many cases become mentors for their younger comrades, and even after graduating from university, they return here as members of the alumni association and ambassadors of the Polytechnic University.

    The Vice-Rector noted that the SPbPU History Museum, creative semesters and last year’s innovation – musical changes on the White Staircase of the Main Academic Building – play an important role in the education and formation of students’ personalities.

    The number of visitors, projects and grants is also growing in the Polytechnic Tower. Work continues within the framework of the “We are together” campaign – for this the vice-rector separately thanked the Humanitarian Institute and the “Harmony” Center.

    Maxim Aleksandrovich drew the attention of the institute directors to the fact that the relevance of social and psychological assistance at the university has grown significantly.

    This year we managed to expand the staff of the Psychological Support Center; people are asking for help, and these are not just people who want to talk, but those who are really experiencing difficulties and problems, emphasized Maxim Pasholikov.

    Maxim Aleksandrovich spoke in detail about the events dedicated to the 80th anniversary of the Victory in the Great Patriotic War, talking about the festive decoration of the campus, exhibitions, the ongoing project “Scientific Regiment” and the new video project “Memory of Glory Lives”, the play “Engineers of Victory” and the upcoming press conference at TASS about the new book “Polytech. Fortitude. 1941-1945”. As always, the inter-university military-patriotic rally “Syandeba” and “Family Victory Day” will be held in the Polytech Park on May 17, including the traditional run named after Hero of the Soviet Union Viktor Lyagin.

    The second issue on the agenda was the presentation of academic titles. By a majority of votes, the members of the SC voted to award the academic title of “professor” to Vladimir Sergeev (PhysMekh) and Alexey Flimonov (IEIT); the title of “associate professor” to Alexey Lukin (PhysMekh), Roman Burkovsky (IEIT), Alexey Grachev and Dmitry Masailo from IMMIT, Alexander Moskvichev (IBSS) and Elena Ladik (ISI).

    On the third issue, “On monitoring the implementation of decisions of the Academic Council,” the scientific secretary of SPbPU, Dmitry Karpov, made a report.

    Also, the members of the Academic Council unanimously supported the nomination of the assistant of the Rais of the Republic of Tatarstan Albert Gilmutdinov for the award of the title of “Honorary Professor of SPbPU”.

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

    MIL OSI Russia News

  • MIL-OSI USA: ‘NextGen’ Tempus AI Workers Continue to Make History with Landmark First IAM Contract

    Source: US GOIAM Union

    Inaugural IAM members at Tempus AI recently ratified their first contract with the Chicago-based precision healthcare artificial intelligence biotech lab, making history as one of the first unions in the industry.

    The group of 443 lab workers, who use use next generation DNA sequencing and artificial intelligence to help provide precision healthcare treatment options to cancer patients, and data used leading cancer research, is chartering the IAM Midwest Territory’s first healthcare unit, Local H1.

    “We spent a lot of time in preparation,” said IAM Midwest Territory International Representative Bill LePinske. “Everything was very well thought out. I applaud the committee’s work away from the bargaining table and their level of dedication to the process. On both sides of the table, it wasn’t about winning or losing, it was about solving problems.”

    In early 2024, the lab workers at Tempus AI, many of whom hold advanced degrees, voted to join the IAM. Now, just over a year after their union election was certified, their first contract goes into effect on April 24, 2025, establishing a landmark in the evolution of labor relations within the biotech industry.

    The new contract addresses the group’s core issues regarding work–life balance, competitive pay and benefits, safety, and transparency.

    Highlights of the three-year agreement include: 

    • Guaranteed wage increases ranging from 10% to 12.5% over three years with the ability to add merit.
    • Retroactive wage increases to Feb. 24.
    • Promotion increases ranging from 6% to 11% with ability to add merit
    • Wage protection language requiring the employer to increase wages if a new employee comes in 5% over the contractual minimum.
    • Increases to shift premiums.
    • Guaranteed annual company stock issues.
    • Improvements to paid time off rules and accruals.
    • Safety language, including a safety committee.
    • Grievance and arbitration process.

    “We got a first contract in only eight bargaining sessions,” said IAM Midwest Territory International Representative Chris Tucker, who helped organize the group. “I really want to tip my hat to this bargaining committee. They were incredibly dedicated to this cause. They spent a lot of their own time and made an extraordinary effort to create terms that don’t just benefit themselves, but benefit the whole group. They took everybody into account.” 

    The new local union’s formal name is “Next Generation Local H1,” a name that carries meaning with the group as pioneers in biotech research and in labor organizing.

    “The name is symbolic of their young energy coming into the space,” said LePinske. “It signifies that they’re going to do things a bit of a different way, a more modern way. It’s a reflection of the work they do, because the process they use sequencing the patients’ DNA is known as “Next Generation Sequencing” or NGS and also signifies what they were trying to accomplish with their local union.”

    “This contract will set a standard for any others to come,” said IAM Midwest Territory General Vice President Sam Cicinelli. “We are in this industry now, and these trail-blazing new members have put in some impressive work to successfully build their own local union with a strong first contract through solidarity with each other. This entire campaign, from interest in organizing with the IAM to their first, ratified collective bargaining agreement, is a win for our entire union and all workers in the industry.”

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  • MIL-OSI: Inspira and Cequence Security Join Forces to Strengthen API Security and Bot Defense Worldwide

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, April 29, 2025 (GLOBE NEWSWIRE) — Inspira Enterprise, Inc. (“Inspira”), a global cybersecurity services leader, today announced a strategic partnership with Cequence Security, a pioneer in API security and bot management. With this collaboration, Inspira and Cequence will help organizations globally defend against the full spectrum of API based threats, including automated threats, ranging from malicious bots to business logic abuse, while maintaining frictionless digital experiences. The cybersecurity landscape will be fortified by pairing Inspira’s end-to-end cybersecurity services across advisory, transformation, and operations, and a range of data analytics solutions, with Cequence’s innovative Unified API Protection (UAP) platform.

    APIs have become the backbone of modern digital transformation, powering everything from mobile apps to customer portals. But with that innovation comes risk. Security teams face significant challenges in protecting API applications, especially with their rapid deployment across multiple cloud environments. Unmanaged and unprotected APIs often expose critical vulnerabilities, while inconsistent security postures across the application landscape add further complexity and risk.

    Cequence Security’s UAP platform helps organizations gain visibility into their API traffic, ensure API compliance, test for security gaps, and stop automated threats such as credential stuffing, scraping, and fake account creation. While doing so, the Platform also ensures that it does not block good bots, alter development cycles, or disrupt the business or user experience.

    “Our customers are under pressure to secure their APIs, manage risk, and meet growing compliance demands across geographies,” said Geetanjali Sethi, President – Strategy and Growth at Inspira. “By partnering with Cequence, we’re expanding our portfolio to offer API security and bot protection as a fully managed service, combining cutting-edge technology with our global expertise and 24/7 operational support.”

    Cequence is proud to join Inspira’s trusted partner ecosystem, helping them bring outcome-driven API protection and bot mitigation to customers worldwide. Customers can now detect and stop sophisticated API attacks, enhance API governance and security testing, improve visibility and response time, secure APIs during open banking transitions, and meet stringent data sovereignty requirements.

    “This partnership is rooted in delivering real outcomes,” said Arun Gowda, VP of Business Development at Cequence Security. “With Cequence, customers already get a world-class platform to secure their APIs and defend against automated attacks. Now, paired with Inspira’s global reach and service capabilities, organizations can consume the platform as a managed service, enabling faster implementation, management, and threat monitoring.”

    As part of the partnership, Inspira is augmenting its cybersecurity portfolio with industry-leading API security and bot management capabilities, offering not only the Cequence Platform but also the managed security services wrapped around it. Inspira will provide expert deployment, advisory support, ongoing monitoring, and full lifecycle threat management to help customers adopt and operate the solution with ease. The joint offering delivers a full-stack approach to API protection and bot defense, backed by Inspira’s white-glove service model and global Cyber Fusion Centers.

    About Inspira Enterprise
    Inspira Enterprise is a global Cybersecurity, Data Analytics, and Artificial Intelligence services provider with a presence in North America, ASEAN, the Middle East, India, and Africa. It offers a wide range of services to a host of industries like Banking, Financial Services and Insurance (BFSI), Healthcare, Public Sector, Manufacturing, Information technology-enabled services (ITeS), eCommerce, and others. Inspira believes in delivering adaptive, intelligent, industry and customer-centric solutions for the resilient businesses of tomorrow. Inspira is also a NVIDIA partner specializing in the planning, design, implementation, and project management of solutions that include NVIDIA products and technologies to address customers’ business and technology needs.

    Over the years, Inspira has successfully designed and delivered complex transformational projects to over 250+ customers, including the Government, PSUs, BFSI, and Enterprise customers, with a team of over 1600 professionals. For more information, please visit https://inspiraenterprise.com/.

    About Cequence Security
    Cequence is a pioneer in API security and bot management, protecting the applications and APIs that organizations depend on from cyberattacks, business logic abuse, and fraud. Its Unified API Protection platform brings together discovery, compliance, and protection capabilities to deliver real-time defense against advanced threats. Requiring no code changes or app instrumentation, Cequence demonstrates value in minutes and scales to support the world’s largest private and public sector organizations—safeguarding more than 8 billion API interactions daily and over 3 billion user accounts. Learn more at www.cequence.ai.

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  • MIL-OSI: Rapid7’s Command Platform Launches Unified Threat-Informed Remediation

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, April 29, 2025 (GLOBE NEWSWIRE) — Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced a series of powerful enhancements to its Command Platform. With unified threat-informed remediation, Rapid7 now offers security teams platform-level remediation capabilities across exposure management and threat detection and response, resulting in greater visibility, alignment, collaboration, and security outcomes. In addition, Rapid7 stands behind these security outcomes with financial coverage through Breach Protection Warranty, giving customers confidence that they’re not only protected from threats – but also providing peace of mind should a breach occur.

    Security teams face an increasingly expanding attack surface, made more complex by a fragmented approach to security tools and continued distribution of ownership and responsibility of IT operations and security. To take command of their attack surface, automated remediation across an organization’s full ecosystem is critical. This next version of the Command Platform helps security teams transform their exposure and threat remediation processes by proactively identifying, prioritizing, and remediating critical exposures faster and with greater precision.

    The new enhancements provide integrated remediation of all vulnerabilities, whether they come from a native Rapid7 scanner or a third-party vulnerability management tool, in addition to AI-powered and automated prioritization for threat investigation. They also include Active Remediation with Velociraptor, allowing Rapid7 to take action on customers’ behalf to remove malicious artifacts with precision, effectively responding to exposures and threat signals before they become incidents.

    “Security teams are overwhelmed with alerts—they’re asking for clarity, prioritization, and outcomes,” said Craig Adams, chief product officer at Rapid7. “It’s not enough to simply detect threats; teams need the context to act quickly and the confidence that issues will be resolved. With our latest version of the Command Platform, we’re giving customers a cohesive, continuous, and trusted understanding of their entire attack surface—alongside the intelligent automation to prioritize threats and remediate them fast.”

    Among the key updates of threat-informed remediation on Rapid7’s Command Platform:

    • Unified Vulnerability Management Across Ecosystems: Rapid7 continues to expand support for third-party vulnerabilities, helping organizations consolidate and act on risk signals across disparate security tools. With vendor-agnostic dashboards, reporting, and centralized workflows, security teams can now prioritize vulnerabilities across their entire ecosystem, streamline remediation, and track progress with confidence.
    • Fully Integrated Automation into the Remediation Process: Security teams can use Remediation Hub workflows to automate asset owner notifications and manual tasks. This reduces administrative overhead, improves communication efficiency, speeds up remediation and offers a unified progress view to comprehensively track remediation across hybrid environments.
    • Transparent, Trustworthy AI-Powered Triage: This new triage experience in Rapid7’s AI detection and response platform, InsightIDR, gives security analysts unprecedented visibility into the decisions made by the Rapid7 AI Engine. A redesigned alert details interface highlights the key data inputs and reasoning behind each AI-driven triage decision, helping teams build trust and seamlessly integrate automation into their workflows. The new “AI Suggested Disposition” field enables faster investigation and resolution by allowing users to sort, filter, and bulk action alerts triaged by AI.
    • Active Remediation With Velociraptor: Once a threat is contained, the work shouldn’t stop there. With this new capability of Velociraptor, Rapid7 now performs advanced remediation actions on customers’ behalf—removing malware remnants, restoring registry settings, and returning affected assets to a secure state. This reduces dwell time and helps organizations bounce back faster, often before they’ve had time to react manually.
    • Breach Protection Warranty: In addition to the enhancements around AI-triage and remediation with Velociraptor, Managed Threat Complete (MTC) Ultimate customers can now confidently manage the financial impact of a cyberattack with up to $1,000,000 in breach-related coverage embedded directly into the service. This includes expenses related to forensic investigations, legal counsel, post-incident response, and public relations. In addition, Rapid7’s service is the only offering to include unlimited incident response (IR), removing the cost of IR engagements required by other providers. With the financial benefit not offset by additional fees, customers reduce complexity in breach response planning.

    To learn more about Unified Threat-Informed Remediation, visit https://www.rapid7.com/blog/post/2025/04/29/from-exposure-to-assurance-unified-remediation-across-the-security-lifecycle/.

    Rapid7 will also be showcasing these capabilities live at RSA Conference in San Francisco, April 28 – May 1.

    About Rapid7
    Rapid7, Inc. (NASDAQ: RPD) is on a mission to create a safer digital world by making cybersecurity simpler and more accessible. We empower security professionals to manage a modern attack surface through our best-in-class technology, leading-edge research, and broad, strategic expertise. Rapid7’s comprehensive security solutions help more than 11,000 global customers unite cloud risk management with threat detection and response to reduce attack surfaces and eliminate threats with speed and precision. For more information, visit our website, check out our blog, or follow us on LinkedIn or X.

    Rapid7 Media Relations
    Alice Randall
    Director, Global Communications
    press@rapid7.com
    (857) 216-7804

    Rapid7 Investor Contact
    Elizabeth Chwalk
    Vice President, Investor Relations
    investors@rapid7.com
    (617) 865-4277

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  • MIL-OSI: Applied Announces New AI-Powered Accounting Automation Solution

    Source: GlobeNewswire (MIL-OSI)

    Chicago, IL., April 29, 2025 (GLOBE NEWSWIRE) — Applied Systems® today announced Automated Statements, an AI-powered statement recording and reconciliation application for direct bill commissions and agency bill payables launching in fall 2025. Natively embedded in Applied Epic’s General Ledger, Automated Statements will allow users to simply upload direct or agency bill statements in any format and leverage AI to extract data for matching and reconciliation to policies and plans in Applied Epic, creating step-change efficiency value for the direct bill and agency bill revenue processes.  

    Automated Statements centralizes and automates accounting workflows within Applied Epic to accelerate time-consuming reconciliation workflows and improve quality and confidence in an agency’s financial data. Covering more than 90% of certified P&C and Benefits carriers, Automated Statements in Applied Epic enables data extraction from statements received in any format, including scanned images, PDF, CSV, advanced matching to plans and policies, and financial data recording or reconciliation, depending on direct or agency billing methods. Statements can be submitted to the Applied Epic General Ledger for suspended or reconciled statements with a single click, saving staff time. AI-powered accounting automation in Applied Epic helps finance and accounting teams reconcile the statement of record with ease, ensuring their business, people, and carrier partners are paid quickly and accurately while reducing back-office costs to drive more profitable revenue growth.   

    “Applied has been at the core of agencies’ accounting and financial workflows since its inception, and with the introduction and rapid growth of digital payments with Applied Pay the past couple of years, there is a clear opportunity and demand to create more automation value for the back office,” said Chase Petrey, president, Applied Pay, Applied Systems. “Direct bill commissions and agency bill payables are two of the most common and time-consuming tasks for finance and accounting teams, and by integrating our differentiated solution directly into their management system’s general ledger, we are going to immediately create step change efficiency gains and make the process of money movement simpler and faster than ever.”

     # # #

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    About Applied Systems
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  • MIL-OSI: Riverview Bancorp Reports Net Income of $1.1 Million in Fourth Fiscal Quarter 2025 and $4.9 Million for Fiscal 2025

    Source: GlobeNewswire (MIL-OSI)

    FISCAL Q4 2025 HIGHLIGHTS

           
    $1.1 Million $0.05 $6.33 0.01%
    Net Income Diluted Earnings per
    Common Share
    Tangible Book Value per
    Share
    NPAs to Total Assets
           
    Fiscal Quarter Comparison Highlights
    Net Interest Income and Net Interest Margin
    • $9.2 million net interest income for the quarter compared to $8.6 million in Fiscal Q4 2024
    • Net interest margin at 2.65% for the quarter compared to 2.32% in Fiscal Q4 2024
      Credit Quality
    • Non-performing assets at 0.01% of total assets and 0.01% of total loans – similar to year ago quarter
    • No provision booked for the quarter and net recoveries were minimal
             
    Non-Interest Income and Non-Interest Expense
    • Non-interest income of $3.7 million for the quarter compared to $494 thousand in Fiscal Q4 2024 (due to strategic investment restructure)
    • Non-interest expense of $11.4 million for the quarter compared to $13.1 million in Fiscal Q4 2024
      Shareholder Returns and Stock Activity
    • On April 25, 2025, the Company paid a cash dividend of $0.02 per share
    • $2.0 million stock repurchase plan completed during the quarter

    VANCOUVER, Wash., April 29, 2025 (GLOBE NEWSWIRE) — Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today reported earnings of $1.1 million, or $0.05 per diluted share, in the fourth fiscal quarter ended March 31, 2025, compared to $1.2 million, or $0.06 per diluted share, in the third fiscal quarter ended December 31, 2024. During the fourth fiscal quarter of 2024, Riverview strategically restructured a portion of its balance sheet resulting in an after-tax impact of $2.1 million and recorded $2.3 million in non-interest expense related to a litigation charge. Including the effects of the investment portfolio restructuring and litigation charge, Riverview reported a net loss of $3.0 million, or $0.14 per diluted share, in the fourth fiscal quarter ended March 31, 2024.

    For fiscal 2025, net income was $4.9 million, or $0.23 per diluted share, compared to $3.8 million, or $0.18 per diluted share, for fiscal 2024.

    “We closed out our fiscal fourth quarter and fiscal year end on solid footing despite the economic uncertainty and market volatility impacting all banks,” stated Nicole Sherman, President and Chief Executive Officer. “Riverview’s operating performance during the quarter once again reflected steady improvements, with net interest margin expansion as a result of stabilizing funding costs and higher loan yields compared to a year ago. Loan growth was strong during the quarter, and I am proud of our team’s relationship-focused approach to clients and prospects which resulted in loan production outperforming the previous four quarters. A top priority remains improving our operating performance while also being the bank of choice to our SW Washington and NW Oregon clients that we have served for over 100 years. With our strong capital levels, disciplined credit culture and stable balance sheet, we have a great foundation to build upon in fiscal 2026.

    Riverview recently completed our three-year strategic plan focusing on profitable growth, digital leadership, and data empowerment, with our employees, clients, and communities being seen, heard, and valued in everything we do. We continue to expand revenue opportunities through our C&I, business banking, and treasury management initiatives. Strategic investments in people and technology will be important, while managing operating expenses. At Riverview we are unwavering in our dedication to exceed the needs of our employees, clients, shareholders and all stakeholders,” Sherman concluded.

    Fourth Quarter Highlights (at or for the period ended March 31, 2025)

    • Net interest income was $9.2 million for the quarter, compared to $9.4 million in the preceding quarter and $8.6 million in the fourth fiscal quarter a year ago.
    • Net interest margin (“NIM”) was 2.65% for the quarter, a five basis point improvement compared to the preceding quarter and a 33 basis point improvement compared to the year ago quarter.
    • Riverview Trust Company assets under management were $877.9 million at March 31, 2025. Asset management fees continue to improve and increased to $1.5 million for the quarter ended March 31, 2025.
    • Asset quality remained strong, with non-performing assets at $155,000, or 0.01% of total assets at March 31, 2025.
    • Riverview recorded no provision for credit losses during the current quarter, the preceding quarter, or in the year ago quarter.
    • Tangible book value per share (non-GAAP) was $6.33 at March 31, 2025 compared to $6.20 at December 31, 2024.

    Fiscal 2025 Highlights (at or for the period ended March 31, 2025)

    • Total loans increased to $1.06 billion at March 31, 2025 compared to $1.02 billion at March 31, 2024.
    • Total deposits were $1.23 billion at both March 31, 2025 and March 31, 2024.
    • Tangible book value per share (non-GAAP) was $6.33 at March 31, 2025 compared to $6.07 at March 31, 2024.
    • Net income increased to $4.9 million for the fiscal year ended March 31, 2025 compared to $3.8 million for the fiscal year ended March 31, 2024.
    • Return on average assets for the fiscal year ended March 31, 2025 increased to 0.32% compared to 0.24% for the fiscal year ended March 31, 2024.

    Income Statement Review

    Riverview’s net interest income was $9.2 million in the current quarter, compared to $9.4 million in the preceding quarter, and $8.6 million in the fourth fiscal quarter a year ago. The decrease compared to the preceding quarter was primarily due to the recognition of a loan prepayment fee and related loan fees totaling $318,000 during the preceding quarter. The increase compared to the year ago quarter was driven by higher interest earning asset yields due to higher origination rates on new loan growth as well as loan repricing. In fiscal 2025, net interest income was $36.3 million, compared to $38.1 million in fiscal 2024. The decrease is attributed to the increase in interest expense over the respective periods. Investment income decreased compared to the year ago period due to the strategic investment restructuring that was executed in the fourth quarter of fiscal 2024.

    Riverview’s NIM was 2.65% for the fourth quarter of fiscal 2025, a five basis point increase compared to 2.60% in the preceding quarter and a 33 basis-point increase compared to 2.32% in the fourth quarter of fiscal 2024. “Our NIM improved during the quarter, compared to the preceding quarter, as the decrease in funding costs more than offset the modest decrease in asset yields. The preceding quarter’s loan yield included the favorable impact from the recognition of the previously mentioned loan prepayment fee and related loan fees,” said David Lam, EVP and Chief Financial Officer. “With the Federal Reserve rate reductions implemented near the end of 2024, we anticipate deposit costs to further stabilize in future quarters. Additionally, the rate cuts reduced the interest expense on borrowings, which also benefitted NIM during the fourth quarter.” In fiscal 2025, the net interest margin was 2.54% compared to 2.56% in fiscal 2024.

    Investment securities decreased $14.7 million during the quarter to $322.5 million at March 31, 2025, compared to $337.2 million at December 31, 2024, and decreased $50.2 million compared to $372.7 million at March 31, 2024. The average securities balances for the quarters ended March 31, 2025, December 31, 2024, and March 31, 2024, were $346.0 million, $364.2 million, and $444.1 million, respectively. The weighted average yields on securities balances for those same periods were 1.84%, 1.82%, and 2.02%, respectively. The duration of the investment portfolio at March 31, 2025, was approximately 5.1 years. The anticipated investment cashflows over the next twelve months is approximately $37.4 million. There were no investment purchases during the fourth fiscal quarter of 2025.

    Riverview’s yield on loans was 4.91% during the fourth fiscal quarter, compared to 4.97% in the preceding quarter, and 4.63% in the fourth fiscal quarter a year ago. “Loan yields declined during the current quarter compared to the prior quarter due to the impact on the loan yield in the prior quarter from the recognition of the loan prepayment and related loan fees. Compared to a year ago, loan yields have increased as a result of the current yield curve which has resulted in higher yields on loans when compared to the existing loan portfolio. We continue to explore opportunities to enhance our loan yield by expanding our commercial business portfolio offerings to include more variable rate loan structures,” said Mike Sventek, EVP and Chief Lending Officer. Deposit costs improved to 1.30% during the fourth fiscal quarter compared to 1.32% in the preceding quarter and increased compared to 1.00% in the fourth fiscal quarter a year ago. The increase from clients seeking higher deposit yields has moderated quarter over quarter compared to the increase from the fourth fiscal quarter a year ago given the relative change in the interest rate environment during those respective periods.

    Non-interest income increased to $3.7 million during the fourth fiscal quarter of 2025 compared to $3.3 million in the preceding quarter and $494,000 in the fourth fiscal quarter of 2024. Non-interest income during the quarter included a $261,000 BOLI death benefit. The fourth fiscal quarter of 2024 included a $2.7 million loss on the sale of investment securities from the balance sheet restructure. In fiscal 2025, non-interest income increased to $14.3 million compared to $10.2 million in fiscal 2024.

    Asset management fees were $1.5 million during the fourth fiscal quarter, compared to $1.4 million in both the third fiscal quarter and in the fourth fiscal quarter a year ago. Asset management fees from new client relationships more than offset a volatile market performance during the fourth fiscal quarter. Riverview Trust Company’s assets under management were $877.9 million at March 31, 2025, compared to $872.6 million at December 31, 2024, and $961.8 million at March 31, 2024.

    Non-interest expense was $11.4 million during the fourth fiscal quarter, compared to $11.2 million in the preceding quarter and $13.1 million in the fourth fiscal quarter a year ago. Salary and employee benefits, the largest component of non-interest expense, increased during the current quarter compared to the preceding quarter due to open positions being filled. Professional fees increased during the current quarter compared to the preceding quarter due to higher consulting fees. The efficiency ratio was 88.7% for the fourth fiscal quarter, compared to 87.6% for the preceding quarter and 144.9% in the fourth fiscal quarter a year ago. In fiscal 2025, non-interest expense was $44.3 million compared to $43.7 million in fiscal 2024.

    Riverview’s effective tax rate for the fourth fiscal quarter of 2025 was 21.5%, compared to 21.8% for the preceding quarter and (27.0)% for the year ago quarter.

    Balance Sheet Review

    Total loans increased $17.4 million during the quarter to $1.06 billion at March 31, 2025, compared to $1.05 billion three months earlier and increased $38.4 million compared to $1.02 billion a year earlier. Riverview’s loan pipeline was $41.1 million at March 31, 2025, compared to $49.1 million at the end of the preceding quarter and $18.4 million at March 31, 2024. New loan originations during the quarter increased to $49.4 million, compared to $31.1 million in the preceding quarter and $12.7 million in the fourth fiscal quarter a year ago.

    Undisbursed construction loans totaled $18.2 million at March 31, 2025, compared to $19.5 million at December 31, 2024, with the majority of the undisbursed construction loans expected to be funded over the next several quarters. Undisbursed homeowner association loans for the purpose of common area maintenance and repairs totaled $18.3 million at March 31, 2025, compared to $14.5 million at December 31, 2024. Revolving commercial business loan commitments totaled $48.9 million at March 31, 2025, compared to $46.9 million at December 31, 2024. Utilization on these loans totaled 28.90% at March 31, 2025, compared to 17.60% at December 31, 2024. The weighted average rate on loan originations during the quarter was 7.16% compared to 7.04% in the preceding quarter. Loan repricing and maturities with respective weighted average rate for fiscal year 2026 totaled $76.6 million with a weighted average rate of 4.65%. Looking ahead, loan repricing and maturities for fiscal year 2027 total $77.1 million with a weighted average rate of 4.03%, for fiscal year 2028 total $96.2 million with a weighted average rate of 5.42% and in aggregate for fiscal years after 2028 total $108.3 million with a weighted average rate of 6.09%.

    The office building loan portfolio totaled $110.9 million at March 31, 2025, compared to $113.4 million at December 31, 2024. The average loan balance of the office building loan portfolio was $1.5 million with an average loan-to-value ratio of 53.5% and an average debt service coverage ratio of 1.80x at March 31, 2025. Office building loans within the Portland core consist of two loans totaling $20.5 million which is approximately 18.5% of the total office building loan portfolio or 1.92% of total loans.

    Non-interest checking and interest checking accounts, as a percentage of total deposits, totaled 48.7% at March 31, 2025, compared to 46.8% at December 31, 2024, and 51.9% at March 31, 2024. The increase during the quarter was in part due to Riverview Bank reciprocation of $20 million of balances back from Riverview Trust. Riverview Bank had moved customer deposits to Riverview Trust as a higher yielding deposit alternative and those assets were all retained within the Company during the period of increasing interest rates. CDs decreased during the quarter as Riverview allowed higher cost CDs to run off. Total deposits increased $13.3 million during the quarter to $1.23 billion at March 31, 2025, compared to $1.22 billion at December 31, 2024, and were unchanged compared to a year ago.

    FHLB advances decreased $7.8 million during the quarter to $76.4 million at March 31, 2025, compared to $84.2 million at December 31, 2024. FHLB advances decreased during the quarter as a result of the increase in deposits.

    Shareholders’ equity increased to $160.0 million at March 31, 2025, compared to $158.3 million three months earlier and $155.6 million one year earlier. Tangible book value per share (non-GAAP) increased to $6.33 at March 31, 2025, compared to $6.20 at December 31, 2024, and $6.07 at March 31, 2024. Riverview paid a quarterly cash dividend of $0.02 per share on April 25, 2025, to shareholders of record on April 14, 2025.

    Credit Quality

    “Asset quality remains a priority during uncertain economic conditions, and we continue to closely monitor our portfolio mix, loan growth, and local and national conditions to maintain an appropriate allowance,” said Robert Benke, EVP and Chief Credit Officer. Non-performing loans, excluding SBA and USDA government guaranteed loans (“government guaranteed loans”) (non-GAAP) totaled $155,000 or 0.01% of total loans as of March 31, 2025, compared to $168,000, or 0.02% of total loans at December 31, 2024, and $173,000, or 0.02% of total loans at March 31, 2024. There were no non-performing government guaranteed loans at March 31, 2025, and one non-performing government guaranteed loan totaling $301,000 at December 31, 2024. At March 31, 2025, non-performing assets were $155,000, or 0.01% of total assets.

    Riverview recorded $22,000 in net loan recoveries for the current quarter. This compared to $114,000 in net loan charge-offs for the preceding quarter. Riverview recorded no provision for credit losses for the current quarter, or for the preceding quarter.

    Classified assets were $2.9 million at March 31, 2025, compared to $226,000 at December 31, 2024, and $723,000 at March 31, 2024. The classified assets to total capital ratio was 1.6% at March 31, 2025, compared to 0.1% at December 31, 2024, and 0.4% a year earlier. The increase in classified assets during the quarter was primarily due to one $2.0 million loan for which a plan is in place to either return to performing status or payoff. Additionally, there was a borrowing relationship with two loans totaling $725,000 that credit administration is working with the borrower to bring current or seek full payoff. Criticized assets were $48.5 million at March 31 2024, compared to $50.4 million at December 31, 2024, and $36.7 million at March 31, 2024. Criticized assets decreased during the current quarter compared to the prior quarter as a result of one loan payoff. The increase compared to a year ago was primarily due to one relationship that was moved to the criticized asset category as the loans go through probate. The Company does not anticipate any loss from this relationship.

    The allowance for credit losses was $15.4 million at March 31, 2025, December 31, 2024, and March 31, 2024, respectively. The allowance for credit losses represented 1.45% of total loans at March 31, 2025, compared to 1.47% at December 31, 2024, and 1.50% a year earlier. The allowance for credit losses to loans, net of government guaranteed loans (non-GAAP), was 1.51% at March 31, 2025, compared to 1.54% at December 31, 2024, and 1.58% a year earlier.

    Capital/Liquidity

    Riverview continues to maintain capital levels well in excess of the regulatory requirements to be categorized as “well capitalized” with a total risk-based capital ratio of 16.27% and a Tier 1 leverage ratio of 11.10% at March 31, 2025. Tangible common equity to average tangible assets ratio (non-GAAP) was 8.93% at March 31, 2025.

    Riverview has approximately $471.3 million in available liquidity at March 31, 2025, including $174.0 million of borrowing capacity from the FHLB and $297.3 million from the Federal Reserve Bank of San Francisco (“FRB”). At March 31, 2025, the Bank had $76.4 million in outstanding FHLB borrowings.

    The uninsured deposit ratio was 23.4% at March 31, 2025. Available liquidity under the FRB borrowing line would cover nearly 100% of the estimated uninsured deposits and available liquidity under both the FHLB and FRB borrowing lines would cover 163.7% of the estimated uninsured deposits.

    On September 25, 2024, the Company’s Board of Directors adopted a stock repurchase program. Under this repurchase program, the Company may repurchase up to $2.0 million of the Company’s outstanding shares of common stock, in the open market, based on prevailing market prices, or in privately negotiated transactions. Once the repurchase program is effective, the repurchase program will continue until the earlier of the completion of the repurchase or 12 months after the effective date, depending upon market conditions. During the fiscal fourth quarter, the Company repurchased 158,558 shares of common stock at an average price of $5.65. As of February 2, 2025, the Company had completed the full $2.0 million stock repurchase plan, repurchasing 358,631 shares at an average price of $5.53 per share.

    Non-GAAP Financial Measures

    In addition to results presented in accordance with generally accepted accounting principles (“GAAP”), this press release contains certain non-GAAP financial measures. Management has presented these non-GAAP financial measures in this earnings release because it believes that they provide useful and comparative information to assess trends in Riverview’s core operations reflected in the current quarter’s results and facilitate the comparison of our performance with the performance of our peers. However, these non-GAAP financial measures are supplemental and are not a substitute for any analysis based on GAAP. Where applicable, comparable earnings information using GAAP financial measures is also presented. Because not all companies use the same calculations, our presentation may not be comparable to other similarly titled measures as calculated by other companies. For a reconciliation of these non-GAAP financial measures, see the tables below.

    Tangible shareholders’ equity to tangible assets and tangible book value per share:            
                         
    (Dollars in thousands)   March 31, 2025   December 31, 2024   March 31, 2024        
                         
    Shareholders’ equity (GAAP)   $ 160,014     $ 158,270     $ 155,588          
    Exclude: Goodwill     (27,076 )     (27,076 )     (27,076 )        
    Exclude: Core deposit intangible, net     (171 )     (196 )     (271 )        
    Tangible shareholders’ equity (non-GAAP)   $ 132,767     $ 130,998     $ 128,241          
                         
    Total assets (GAAP)   $ 1,513,323     $ 1,508,609     $ 1,521,529          
    Exclude: Goodwill     (27,076 )     (27,076 )     (27,076 )        
    Exclude: Core deposit intangible, net     (171 )     (196 )     (271 )        
    Tangible assets (non-GAAP)   $ 1,486,076     $ 1,481,337     $ 1,494,182          
                         
    Shareholders’ equity to total assets (GAAP)     10.57 %     10.49 %     10.23 %        
                         
    Tangible common equity to tangible assets (non-GAAP)     8.93 %     8.84 %     8.58 %        
                         
    Shares outstanding     20,976,200       21,134,758       21,111,043          
                         
    Book value per share (GAAP)     7.63       7.49       7.37          
                         
    Tangible book value per share (non-GAAP)     6.33       6.20       6.07          
                         
                         
    Pre-tax, pre-provision income                    
        Three Months Ended   Twelve Months Ended
    (Dollars in thousands)   March 31, 2025   December 31, 2024   March 31, 2024   March 31, 2025   March 31, 2024
                         
    Net income (loss) (GAAP)   $ 1,148     $ 1,232     $ (2,968 )   $ 4,903   $ 3,799
    Include: Provision (credit) for income taxes     314       343       (1,095 )     1,335     802
    Include: Provision for credit losses                       100    
    Pre-tax, pre-provision income (loss) (non-GAAP)   $ 1,462     $ 1,575     $ (4,063 )   $ 6,338   $ 4,601
                         
                         
    Net income (loss) and earnings (loss) per share excluding securities restructure and litigation expense            
                         
        Three Months Ended   Twelve Months Ended
    (Dollars in thousands)   March 31, 2025   December 31, 2024   March 31, 2024   March 31, 2025   March 31, 2024
                         
    Net income (loss) (GAAP)   $ 1,148     $ 1,232     $ (2,968 )   $ 4,903   $ 3,799
    Exclude impact of securities loss restructure, net of tax                 2,074           2,074
    Exclude impact of litigation expense, net of tax                 1,748           1,748
    Net income excluding securities restructure and litigation expense (non-GAAP)   $ 1,148     $ 1,232     $ 854     $ 4,903   $ 7,621
                         
    Basic earnings (loss) per share (GAAP)   $ 0.05     $ 0.06     $ (0.14 )   $ 0.23   $ 0.18
    Exclude impact of securities loss restructure, net of tax                 0.10           0.10
    Exclude impact of litigation expense, net of tax                 0.08           0.08
    Basic earnings per share excluding securities restructure and litigation expense (GAAP)   $ 0.05     $ 0.06     $ 0.04     $ 0.23   $ 0.36
                         
    Diluted earnings (loss) per share (GAAP)   $ 0.05     $ 0.06     $ (0.14 )   $ 0.23   $ 0.18
    Exclude impact of securities loss restructure, net of tax                 0.10           0.10
    Exclude impact of litigation expense, net of tax                 0.08           0.08
    Diluted earnings per share excluding securities restructure and litigation expense (GAAP)   $ 0.05     $ 0.06     $ 0.04     $ 0.23   $ 0.36
                         
                         
    Allowance for credit losses reconciliation, excluding Government Guaranteed loans            
                         
    (Dollars in thousands)   March 31, 2025   December 31, 2024   March 31, 2024        
                         
    Allowance for credit losses   $ 15,374     $ 15,352     $ 15,364          
                         
    Loans receivable (GAAP)   $ 1,062,460     $ 1,045,109     $ 1,024,013          
    Exclude: Government Guaranteed loans     (47,373 )     (49,024 )     (51,013 )        
    Loans receivable excluding Government Guaranteed loans (non-GAAP)   $ 1,015,087     $ 996,085     $ 973,000          
                         
    Allowance for credit losses to loans receivable (GAAP)     1.45 %     1.47 %     1.50 %        
                         
    Allowance for credit losses to loans receivable excluding Government Guaranteed loans (non-GAAP)     1.51 %     1.54 %     1.58 %        
                         
                         
    Non-performing loans reconciliation, excluding Government Guaranteed Loans              
                         
        Three Months Ended        
    (Dollars in thousands)   March 31, 2025   December 31, 2024   March 31, 2024        
                         
    Non-performing loans (GAAP)   $ 155     $ 469     $ 178          
    Less: Non-performing Government Guaranteed loans           (301 )     (5 )        
    Adjusted non-performing loans excluding Government
    Guaranteed loans (non-GAAP)
      $ 155     $ 168     $ 173          
                         
    Non-performing loans to total loans (GAAP)     0.01 %     0.04 %     0.02 %        
                         
    Non-performing loans, excluding Government Guaranteed loans to total loans (non-GAAP)     0.01 %     0.02 %     0.02 %        
                         
    Non-performing loans to total assets (GAAP)     0.01 %     0.03 %     0.01 %        
                         
    Non-performing loans, excluding Government Guaranteed loans to total assets (non-GAAP)     0.01 %     0.01 %     0.01 %        


    About Riverview

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

    “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements which include statements with respect to our beliefs, plans, objectives, goals, expectations, assumptions, future economic performance and projections of financial items. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from the results anticipated or implied by our forward-looking statements, including, but not limited to: potential adverse impacts to economic conditions in our local market areas, other markets where the Company has lending relationships, or other aspects of the Company’s business operations or financial markets, including, without limitation, as a result of employment levels, labor shortages and the effects of inflation, a potential recession, the failure of the U.S. Congress to increase the debt ceiling, or slowed economic growth caused by increasing political instability from acts of war including Russia’s invasion of Ukraine, as well as supply chain disruptions, recent bank failures and any governmental or societal responses thereto; the credit risks of lending activities, including changes in the level and trend of loan delinquencies and write-offs and changes in the Company’s allowance for credit losses and provision for credit losses that may be impacted by deterioration in the housing and commercial real estate markets; changes in the levels of general interest rates, and the relative differences between short and long-term interest rates, deposit interest rates, the Company’s net interest margin and funding sources; the transition away from London Interbank Offered Rate toward new interest rate benchmarks; fluctuations in the demand for loans, the number of unsold homes, land and other properties and fluctuations in real estate values in the Company’s market areas; secondary market conditions for loans and the Company’s ability to originate loans for sale and sell loans in the secondary market; results of examinations of the Bank by the Federal Deposit Insurance Corporation and the Washington State Department of Financial Institutions, Division of Banks, and of the Company by the Board of Governors of the Federal Reserve System, or other regulatory authorities, including the possibility that any such regulatory authority may, among other things, require the Company to increase its allowance for credit losses, write-down assets, reclassify its assets, change the Bank’s regulatory capital position or affect the Company’s ability to borrow funds or maintain or increase deposits, which could adversely affect its liquidity and earnings; legislative or regulatory changes that adversely affect the Company’s business including changes in banking, securities and tax law, and in regulatory policies and principles, or the interpretation of regulatory capital or other rules; the Company’s ability to attract and retain deposits; the unexpected outflow of uninsured deposits that may require us to sell investment securities at a loss; the Company’s ability to control operating costs and expenses; the use of estimates in determining fair value of certain of the Company’s assets, which estimates may prove to be incorrect and result in significant declines in valuation; difficulties in reducing risks associated with the loans on the Company’s consolidated balance sheet; staffing fluctuations in response to product demand or the implementation of corporate strategies that affect the Company’s workforce and potential associated charges; disruptions, security breaches or other adverse events, failures or interruptions in or attacks on our information technology systems or on the third-party vendors who perform several of our critical processing functions; the Company’s ability to retain key members of its senior management team; costs and effects of litigation, including settlements and judgments; the Company’s ability to implement its business strategies; the Company’s ability to successfully integrate any assets, liabilities, customers, systems, and management personnel it may acquire into its operations and the Company’s ability to realize related revenue synergies and cost savings within expected time frames; future goodwill impairment due to changes in Riverview’s business, changes in market conditions, or other factors; increased competitive pressures among financial services companies; changes in consumer spending, borrowing and savings habits; the availability of resources to address changes in laws, rules, or regulations or to respond to regulatory actions; the Company’s ability to pay dividends on its common stock; the quality and composition of our securities portfolio and the impact of and adverse changes in the securities markets, including market liquidity; inability of key third-party providers to perform their obligations to us; changes in accounting policies and practices, as may be adopted by the financial institution regulatory agencies or the Financial Accounting Standards Board, including additional guidance and interpretation on accounting issues and details of the implementation of new accounting standards; the effects of climate change, severe weather events, natural disasters, pandemics, epidemics and other public health crises, acts of war or terrorism, and other external events on our business; and other economic, competitive, governmental, regulatory, and technological factors affecting the Company’s operations, pricing, products and services, and the other risks described from time to time in our reports filed with and furnished to the U.S. Securities and Exchange Commission.

    The Company cautions readers not to place undue reliance on any forward-looking statements. Moreover, you should treat these statements as speaking only as of the date they are made and based only on information then actually known to the Company. The Company does not undertake and specifically disclaims any obligation to revise any forward-looking statements included in this report or the reasons why actual results could differ from those contained in such statements, whether as a result of new information or to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements. These risks could cause our actual results for fiscal 2025 and beyond to differ materially from those expressed in any forward-looking statements by, or on behalf of, us and could negatively affect the Company’s consolidated financial condition and consolidated results of operations as well as its stock price performance.

    RIVERVIEW BANCORP, INC. AND SUBSIDIARY              
    Consolidated Balance Sheets              
                   
                   
    (In thousands, except share data) (Unaudited) March 31, 2025   December 31, 2024   March 31, 2024    
    ASSETS              
                   
    Cash (including interest-earning accounts of $14,375, $12,573, $ 29,414     $ 25,348     $ 23,642      
    and $12,164)              
    Investment securities:              
    Available for sale, at estimated fair value   119,436       124,874       143,196      
    Held to maturity, at amortized cost   203,079       212,295       229,510      
    Loans receivable (net of allowance for credit losses of $15,374,              
    $15,352 and $15,364)   1,047,086       1,029,757       1,008,649      
    Prepaid expenses and other assets   12,523       12,945       14,469      
    Accrued interest receivable   4,525       4,639       4,415      
    Federal Home Loan Bank stock, at cost   4,342       4,742       4,927      
    Premises and equipment, net   22,304       22,731       21,718      
    Financing lease right-of-use assets   1,125       1,144       1,202      
    Deferred income taxes, net   8,625       9,471       9,778      
    Goodwill   27,076       27,076       27,076      
    Core deposit intangible, net   171       196       271      
    Bank owned life insurance   33,617       33,391       32,676      
                   
    TOTAL ASSETS $ 1,513,323     $ 1,508,609     $ 1,521,529      
                   
    LIABILITIES AND SHAREHOLDERS’ EQUITY              
                   
    LIABILITIES:              
    Deposits $ 1,232,328     $ 1,219,002     $ 1,231,679      
    Accrued expenses and other liabilities   14,777       17,634       16,205      
    Advance payments by borrowers for taxes and insurance   614       317       581      
    Junior subordinated debentures   27,091       27,069       27,004      
    Federal Home Loan Bank advances   76,400       84,200       88,304      
    Finance lease liability   2,099       2,117       2,168      
    Total liabilities   1,353,309       1,350,339       1,365,941      
                   
    SHAREHOLDERS’ EQUITY:              
    Serial preferred stock, $.01 par value; 250,000 authorized,              
    issued and outstanding, none                    
    Common stock, $.01 par value; 50,000,000 authorized,              
    March 31, 2025 – 20,976,200 issued and outstanding;              
    December 31, 2024 – 21,134,758 issued and outstanding;   208       209       211      
    March 31, 2024 – 21,111,043 issued and outstanding;              
    Additional paid-in capital   53,392       54,227       55,005      
    Retained earnings   119,717       118,988       116,499      
    Accumulated other comprehensive loss   (13,303 )     (15,154 )     (16,127 )    
    Total shareholders’ equity   160,014       158,270       155,588      
                   
    TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,513,323     $ 1,508,609     $ 1,521,529      
                   
    RIVERVIEW BANCORP, INC. AND SUBSIDIARY              
    Consolidated Statements of Income              
      Three Months Ended   Twelve Months Ended  
    (In thousands, except share data) (Unaudited) March 31, 2025 Dec. 31, 2024 March 31, 2024   March 31, 2025 March 31, 2024  
    INTEREST INCOME:              
    Interest and fees on loans receivable $ 12,685 $ 13,201 $ 11,743     $ 50,621 $ 46,031    
    Interest on investment securities – taxable   1,484   1,589   2,145       6,918   8,971    
    Interest on investment securities – nontaxable   64   65   65       260   261    
    Other interest and dividends   261   272   338       1,163   1,292    
    Total interest and dividend income   14,494   15,127   14,291       58,962   56,555    
                   
    INTEREST EXPENSE:              
    Interest on deposits   3,910   4,101   3,021       15,313   8,285    
    Interest on borrowings   1,391   1,638   2,718       7,305   10,184    
    Total interest expense   5,301   5,739   5,739       22,618   18,469    
    Net interest income   9,193   9,388   8,552       36,344   38,086    
    Provision for credit losses             100      
                   
    Net interest income after provision for credit losses   9,193   9,388   8,552       36,244   38,086    
                   
    NON-INTEREST INCOME:              
    Fees and service charges   1,446   1,492   1,398       6,002   6,269    
    Asset management fees   1,472   1,443   1,408       5,906   5,328    
    Bank owned life insurance (“BOLI”)   226   225   222       941   891    
    BOLI death benefit in excess of cash surrender value   261           261      
    Loss on sale of investment securities       (2,729 )       (2,729 )  
    Other, net   302   181   195       1,146   483    
    Total non-interest income, net   3,707   3,341   494       14,256   10,242    
                   
    NON-INTEREST EXPENSE:              
    Salaries and employee benefits   6,763   6,471   6,225       26,099   24,204    
    Occupancy and depreciation   1,873   1,871   1,942       7,560   6,872    
    Data processing   746   743   686       2,948   2,782    
    Amortization of core deposit intangible   25   25   27       100   108    
    Advertising and marketing   284   317   326       1,278   1,276    
    FDIC insurance premium   170   174   178       688   708    
    State and local taxes   265   327   196       1,042   1,010    
    Telecommunications   62   54   50       215   211    
    Professional fees   577   429   414       1,800   1,375    
    Other   673   743   3,065       2,532   5,181    
    Total non-interest expense   11,438   11,154   13,109       44,262   43,727    
                   
    INCOME (LOSS) BEFORE INCOME TAXES   1,462   1,575   (4,063 )     6,238   4,601    
    PROVISION (CREDIT) FOR INCOME TAXES   314   343   (1,095 )     1,335   802    
    NET INCOME (LOSS) $ 1,148 $ 1,232 $ (2,968 )   $ 4,903 $ 3,799    
                   
    Earnings (loss) per common share:              
    Basic $ 0.05 $ 0.06 $ (0.14 )   $ 0.23 $ 0.18    
    Diluted $ 0.05 $ 0.06 $ (0.14 )   $ 0.23 $ 0.18    
    Weighted average number of common shares outstanding:              
    Basic   21,007,294   21,037,246   21,111,043       21,063,467   21,137,976    
    Diluted   21,007,294   21,037,246   21,111,043       21,063,467   21,139,322    
                   
                           
    (Dollars in thousands)   At or for the three months ended   At or for the twelve months ended  
        March 31, 2025   Dec. 31, 2024   March 31, 2024   March 31, 2025   March 31, 2024  
    AVERAGE BALANCES                      
    Average interest–earning assets   $ 1,412,406     $ 1,436,130     $ 1,484,628     $ 1,433,071   $ 1,492,002  
    Average interest-bearing liabilities     1,011,116       1,019,265       1,047,712       1,010,592     1,028,042  
    Net average earning assets     401,290       416,865       436,916       422,479     463,960  
    Average loans     1,047,718       1,053,342       1,020,457       1,044,370     1,011,420  
    Average deposits     1,219,130       1,232,450       1,210,818       1,220,120     1,229,011  
    Average equity     159,766       160,532       158,776       158,570     156,137  
    Average tangible equity (non-GAAP)     132,506       133,245       131,413       131,271     128,733  
                           
                           
    ASSET QUALITY   March 31, 2025   Dec. 31, 2024   March 31, 2024          
                           
    Non-performing loans   $ 155     $ 469     $ 178            
    Non-performing loans excluding SBA Government Guarantee (non-GAAP)     155       168       173            
    Non-performing loans to total loans     0.01 %     0.04 %     0.02 %          
    Non-performing loans to total loans excluding SBA Government Guarantee (non-GAAP)     0.01 %     0.02 %     0.02 %          
    Real estate/repossessed assets owned   $     $     $            
    Non-performing assets   $ 155     $ 469     $ 178            
    Non-performing assets excluding SBA Government Guarantee (non-GAAP)     155       168       173            
    Non-performing assets to total assets     0.01 %     0.03 %     0.01 %          
    Non-performing assets to total assets excluding SBA Government Guarantee (non-GAAP)     0.01 %     0.01 %     0.01 %          
    Net loan charge-offs (recoveries) in the quarter   $ (22 )   $ 114     $ (3 )          
    Net charge-offs (recoveries) in the quarter/average net loans     (0.01 )%     0.04 %     0.00 %          
                           
    Allowance for credit losses   $ 15,374     $ 15,352     $ 15,364            
    Average interest-earning assets to average                      
    interest-bearing liabilities     139.69 %     140.90 %     141.70 %          
    Allowance for credit losses to                      
    non-performing loans     9918.71 %     3273.35 %     8631.46 %          
    Allowance for credit losses to total loans     1.45 %     1.47 %     1.50 %          
    Shareholders’ equity to assets     10.57 %     10.49 %     10.23 %          
                           
                           
    CAPITAL RATIOS                      
    Total capital (to risk weighted assets)     16.27 %     16.47 %     16.32 %          
    Tier 1 capital (to risk weighted assets)     15.01 %     15.21 %     15.06 %          
    Common equity tier 1 (to risk weighted assets)     15.01 %     15.21 %     15.06 %          
    Tier 1 capital (to average tangible assets)     11.10 %     10.86 %     10.29 %          
    Tangible common equity (to average tangible assets) (non-GAAP)     8.93 %     8.84 %     8.58 %          
                           
                           
    DEPOSIT MIX   March 31, 2025   Dec. 31, 2024   March 31, 2024          
                           
    Interest checking   $ 285,035     $ 257,975     $ 289,824            
    Regular savings     168,287       169,181       192,638            
    Money market deposit accounts     236,044       236,912       209,164            
    Non-interest checking     315,503       312,839       349,081            
    Certificates of deposit     227,459       242,095       190,972            
    Total deposits   $ 1,232,328     $ 1,219,002     $ 1,231,679            
                           
                       
    COMPOSITION OF COMMERCIAL AND CONSTRUCTION LOANS          
                       
            Other       Commercial  
        Commercial   Real Estate   Real Estate   & Construction  
        Business   Mortgage   Construction   Total  
    March 31, 2025   (Dollars in thousands)  
    Commercial business   $ 232,935   $   $   $ 232,935  
    Commercial construction             18,368     18,368  
    Office buildings         110,949         110,949  
    Warehouse/industrial         114,925         114,925  
    Retail/shopping centers/strip malls         88,815         88,815  
    Assisted living facilities         358         358  
    Single purpose facilities         277,137         277,137  
    Land         4,610         4,610  
    Multi-family         91,452         91,452  
    One-to-four family construction             10,814     10,814  
    Total   $ 232,935   $ 688,246   $ 29,182   $ 950,363  
                       
    March 31, 2024   (Dollars in thousands)  
    Commercial business   $ 229,404   $   $   $ 229,404  
    Commercial construction             20,388     20,388  
    Office buildings         114,714         114,714  
    Warehouse/industrial         106,649         106,649  
    Retail/shopping centers/strip malls         89,448         89,448  
    Assisted living facilities         378         378  
    Single purpose facilities         272,313         272,313  
    Land         5,692         5,692  
    Multi-family         70,771         70,771  
    One-to-four family construction             16,150     16,150  
    Total   $ 229,404   $ 659,965   $ 36,538   $ 925,907  
                       
                       
                       
                       
    LOAN MIX   March 31, 2025   Dec. 31, 2024   March 31, 2024      
    Commercial and construction   (Dollars in thousands)    
    Commercial business   $ 232,935   $ 224,506   $ 229,404      
    Other real estate mortgage     688,246     657,380     659,965      
    Real estate construction     29,182     49,956     36,538      
    Total commercial and construction     950,363     931,842     925,907      
    Consumer                  
    Real estate one-to-four family     97,683     97,760     96,366      
    Other installment     14,414     15,507     1,740      
    Total consumer     112,097     113,267     98,106      
                       
    Total loans     1,062,460     1,045,109     1,024,013      
                       
    Less:                  
    Allowance for credit losses     15,374     15,352     15,364      
    Loans receivable, net   $ 1,047,086   $ 1,029,757   $ 1,008,649      
                       
                       
    DETAIL OF NON-PERFORMING ASSETS                
        Southwest              
        Washington   Total          
    March 31, 2025   (Dollars in thousands)          
    Commercial business   $ 37   $ 37          
    Commercial real estate     88     88          
    Consumer     30     30          
    Total non-performing assets   $ 155   $ 155          
                       
                         
      At or for the three months ended   At or for the twelve months ended  
    SELECTED OPERATING DATA March 31, 2025   Dec. 31, 2024   March 31, 2024   March 31, 2025   March 31, 2024  
                         
    Efficiency ratio (4)   88.67 %     87.63 %     144.91 %     87.47 %     90.48 %  
    Coverage ratio (6)   80.37 %     84.17 %     65.24 %     82.11 %     87.10 %  
    Return on average assets (1)   0.31 %     0.32 %     (0.76 )%     0.32 %     0.24 %  
    Return on average equity (1)   2.91 %     3.04 %     (7.52 )%     3.09 %     2.43 %  
    Return on average tangible equity (1) (non-GAAP)   3.51 %     3.67 %     (9.08 )%     3.74 %     2.95 %  
                         
    NET INTEREST SPREAD                    
    Yield on loans   4.91 %     4.97 %     4.63 %     4.85 %     4.55 %  
    Yield on investment securities   1.84 %     1.82 %     2.02 %     1.96 %     2.02 %  
    Total yield on interest-earning assets   4.17 %     4.18 %     3.88 %     4.12 %     3.80 %  
                         
    Cost of interest-bearing deposits   1.76 %     1.81 %     1.41 %     1.74 %     0.97 %  
    Cost of FHLB advances and other borrowings   5.21 %     5.43 %     5.87 %     5.70 %     5.80 %  
    Total cost of interest-bearing liabilities   2.13 %     2.23 %     2.20 %     2.24 %     1.80 %  
                         
    Spread (7)   2.04 %     1.95 %     1.68 %     1.88 %     2.00 %  
    Net interest margin   2.65 %     2.60 %     2.32 %     2.54 %     2.56 %  
                         
    PER SHARE DATA                    
    Basic earnings (loss) per share (2) $ 0.05     $ 0.06     $ (0.14 )   $ 0.23     $ 0.18    
    Diluted earnings (loss) per share (3)   0.05       0.06       (0.14 )     0.23       0.18    
    Book value per share (5)   7.63       7.49       7.37       7.63       7.37    
    Tangible book value per share (5) (non-GAAP)   6.33       6.20       6.07       6.33       6.07    
    Market price per share:                    
    High for the period $ 5.75     $ 5.88     $ 6.40     $ 5.88     $ 6.48    
    Low for the period   5.08       4.59       4.53       3.64       4.17    
    Close for period end   5.65       5.74       4.72       5.65       4.72    
    Cash dividends declared per share   0.0200       0.0200       0.0600       0.0800       0.2400    
                         
    Average number of shares outstanding:                    
    Basic (2)   21,007,294       21,037,246       21,111,043       21,063,467       21,137,976    
    Diluted (3)   21,007,294       21,037,246       21,111,043       21,063,467       21,139,322    
                         

    (1) Amounts for the periods shown are annualized.
    (2) Amounts exclude ESOP shares not committed to be released.
    (3) Amounts exclude ESOP shares not committed to be released and include common stock equivalents.
    (4) Non-interest expense divided by net interest income and non-interest income.
    (5) Amounts calculated based on shareholders’ equity and include ESOP shares not committed to be released.
    (6) Net interest income divided by non-interest expense.
    (7) Yield on interest-earning assets less cost of funds on interest-bearing liabilities.

    Contacts: Nicole Sherman
    David Lam
    Riverview Bancorp, Inc. 360-693-6650

    The MIL Network

  • MIL-OSI: Global Semiconductor IDM Qualifies Veeco Wet Processing Platform for Two New Applications in Advanced Packaging

    Source: GlobeNewswire (MIL-OSI)

    PLAINVIEW, N.Y., April 29, 2025 (GLOBE NEWSWIRE) — Veeco Instruments Inc. (NASDAQ: VECO) today announced a global Semiconductor IDM qualified Veeco’s WaferStorm® and WaferEtch® platform for two new applications in Advanced Packaging. The customer also placed initial orders for these systems during the first quarter.

    Veeco’s systems were chosen based on their best-in-class process performance, unique processing capabilities, and low cost of ownership advantages compared to other platforms. Both applications represent key Served Available Market expansion opportunities for Veeco’s WaferStorm® and WaferEtch® platform at other leading customers.

    “Qualification of our platform was based on our best-in-class wet processing technology,” commented Adrian Devasahayam, Ph.D., Veeco’s Senior Vice President, Product Line Management. “Veeco has worked collaboratively with our customers for a number of years to enable high-performance and cost-effective solutions for their roadmaps. This win is a great example of the growing use cases for our wet processing technology for new applications critical to our Served Available Market expansion strategy.”

    About Veeco
    Veeco (NASDAQ: VECO) is an innovative manufacturer of semiconductor process equipment. Our laser annealing, ion beam, single wafer etch & clean, lithography, and metal organic chemical vapor deposition (MOCVD) technologies play an integral role in the fabrication and packaging of advanced semiconductor devices. With equipment designed to optimize performance, yield and cost of ownership, Veeco holds leading technology positions in the markets we serve. To learn more about Veeco’s systems and service offerings, visit www.veeco.com.

    To the extent that this news release discusses expectations or otherwise makes statements about the future, such statements are forward-looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include the risks discussed in the Business Description and Management’s Discussion and Analysis sections of Veeco’s Annual Report on Form 10-K for the year ended December 31, 2024 and in our subsequent quarterly reports on Form 10-Q, current reports on Form 8-K and press releases. Veeco does not undertake any obligation to update any forward-looking statements to reflect future events or circumstances after the date of such statements.

    Veeco Contacts:
    Investors: Anthony Pappone | (516) 500-8798 | apappone@veeco.com
    Media: Javier Banos | (516) 673-7328 | jbanos@veeco.com

    The MIL Network

  • MIL-OSI: PFM Disrupts Wealth Management in 2025: Earn Digital Assets Risk-Free with Zero Fees

    Source: GlobeNewswire (MIL-OSI)

    Los Angeles, California, April 29, 2025 (GLOBE NEWSWIRE) — PFM, the trailblazing digital asset platform, today redefines passive income generation with its no-cost wealth acceleration model. Recognized by Global Fintech Insights as 2025’s Most Innovative Digital Asset Platform, PFM empowers over 9.2 million users in 192 countries, making it easier than ever to grow wealth through secure, transparent, and 100% free digital asset management.

    New users can receive a $10 welcome bonus, earn daily earnings, and enjoy instant and free cash withdrawals — all without any upfront investment.

    Why PFM Dominates Modern Digital Asset Management

    The huge volatility of digital assets exposes many holders to the risk of uncertainty. However, PFM’s frictionless platform provides:

    • Free $10 Newcomer Bonus: New users receive $10 in digital assets upon registration, daily check-in income is $0.6.—no deposit or wallet connection required. 
    • Flexible Earning Plans: Choose short-term plans of 1, 2, or 5 days, ideal for testing and scaling.
    • AI intelligent income optimization: PFM’s AI intelligent system supports multi-currency income optimization and automatically switches to high-potential currencies; for example, through a 30-day income optimization plan, users can obtain $2,400 in digital asset appreciation.
    • Fast, Fee-Free Withdrawals: All payouts are processed within 1–5 minutes, with no withdrawal or maintenance fees.
    • Advanced Security Protocols: The platform uses cold wallet storage, 2FA, and blockchain-based electronic contracts to ensure safety and transparency.

    “Growing my portfolio by $2,400 in 30 days without risking capital felt revolutionary,” shares James Carter, a London-based educator. “PFM’s transparency outshines every wealth app I’ve tested.”

    Getting started is fast and effortless:

    • Register: Create an account and instantly claim your $10 welcome bonus.  
    • Choose a Plan: Select from 1-day, 3-day, or 5-day flexible strategies.  
    • Activate Growth: Let the system work for you—no setup, no stress.  
    • Monitor & Withdraw: Track your earnings in real time and withdraw cash at any time with no fees.

    PFM combines the security standards of traditional finance with the innovation of digital asset technology, providing:

    – Multi-layer cold wallet security
    – Two-factor authentication (2FA) 
    – Smart contract automation
    – KYC compliance across key markets

    The Future of Wealth Creation Starts Here

    As more people search for smarter, safer ways to build wealth beyond traditional banking, PFM positions itself as the ultimate free digital asset management platform** for 2025. Whether you’re starting your journey or optimizing an existing portfolio, PFM offers a low-risk, high-reward path to sustainable digital growth.

    Start your journey now – become a PFM user and claim your $10 bonus to start growing your digital assets for free.

    The MIL Network

  • MIL-OSI: Beeline Hits $1 Billion in Originations, Driving the Future of Digital Mortgage Lending

    Source: GlobeNewswire (MIL-OSI)

    Providence, RI, April 29, 2025 (GLOBE NEWSWIRE) — Beeline Loans, Inc., a wholly-owned subsidiary of Beeline Holdings, Inc. (NASDAQ: BLNE), a tech-forward mortgage originator delivering fast and flexible financing solutions, today announced it has surpassed $1 billion in closed loan originations since its inception.

    “We are certainly moving in a strong direction,” said Nick Liuzza, Co-founder and CEO of Beeline. “Reaching the $1 billion mark is a major milestone for our company. While the broader market has yet to fully normalize, Beeline’s momentum highlights the strength of our platform and the value we are delivering to customers, even in challenging conditions.”

    Recent milestones for Beeline include:

    • Receiving approval to continue listing on Nasdaq
    • Strategic partnerships with Rabbu and Red Awning to expand reach and offerings
    • April 2025 is expected to be the strongest month since the market downturn
    • 38% year-over-year growth from 2024 to 2025, compared to 9% average industry growth
    • Surpassing $1 billion in total loan origination volume

    Beeline remains focused on expanding its digital lending platform, strengthening strategic partnerships, and accelerating growth in the evolving mortgage landscape.

    About Beeline
    Beeline Financial Holdings, Inc. is a trailblazing mortgage fintech transforming the way people access property financing. Through its fully digital, AI-powered platform, Beeline delivers a faster, smarter path to home loans—whether for primary residences or investment properties. Headquartered in Providence, Rhode Island, Beeline is reshaping mortgage origination with speed, simplicity, and transparency at its core. The company is a wholly owned subsidiary of Beeline Holdings and also operates Beeline Labs, its innovation arm focused on next-generation lending solutions.

    Forward-Looking Statements
    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the company’s prospects and anticipated future performance and trends in the mortgage loan industry. Forward-looking statements are prefaced by words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “should,” “would,” “intend,” “seem,” “potential,” “appear,” “continue,” “future,” believe,” “estimate,” “forecast,” “project,” and similar words. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. We caution you, therefore, against relying on any of these forward-looking statements. Our actual results may differ materially from those contemplated by the forward-looking statements for a variety of reasons, including, without limitation, the Risk Factors contained in our Form 10-K filed April 15, 2025. Any forward-looking statement made by us in this presentation speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

    Contact
    ir@makeabeeline.com

    The MIL Network

  • MIL-OSI: ibex AI Solutions Win 2025 Product of the Year Awards from CUSTOMER Magazine

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON, April 29, 2025 (GLOBE NEWSWIRE) — ibex (NASDAQ: IBEX), a leading global provider of business process outsourcing (BPO) and AI-powered customer engagement technology solutions, today announced that ibex Wave iX Translate and ibex Wave iX AI Virtual Agent have each earned the 2025 Product of the Year Award from TMC’s CUSTOMER Magazine, for helping clients improve the customer experience.

    “We are proud to be recognized by CUSTOMER Magazine with Product of the Year Awards for both ibex Wave iX Translate and ibex Wave iX AI Virtual Agent,” said ibex Carl O’Neil, EVP and GM Wave iX, Augment, and ibex CX at ibex. “Generative AI is reshaping CX, and ibex is at the forefront of this evolution with transformative AI solutions that deliver game-changing results for our clients. Our experience managing hundreds of millions of customer interactions for the top brands across major industries and unmatched business insights capabilities make ibex the ideal CX partner to ensure your digital transformation success.”

    ibex takes a solutions-driven approach to align with specific business needs and deliver real solutions for transformative outcomes. Leveraging ibex Wave iX Translate, agents and customers speak or type in their native language, which is then translated in real-time for understanding by both parties. This AI-powered solution enables two-way conversation in over 150 languages, improving communications and allowing CX organizations to better serve customers effectively, efficiently and cultivate stronger connections.

    With ibex Wave iX AI Virtual Agent, ibex offers a sophisticated AI solution designed for seamless and scalable automated customer and brand interactions. It provides AI-driven voice and text conversations that are customized to align with a brand’s persona and specific business needs. ibex Wave iX AI Virtual Agent offers human-like, infinitely scalable, and hyper-personalized customer experiences while integrating seamlessly with existing agent support systems to facilitate swift escalation and efficient resolution of more complex customer issues.

    ibex Wave iX Translate and ibex Wave iX AI Virtual Agent are groundbreaking AI-driven, digital-first customer experience solutions within the ibex Wave iX solution suite, which leverages cutting-edge Generative AI technology to deliver the next generation of AI and agent-assisted customer experience.

    “On behalf of TMC and CUSTOMER Magazine, I’m thrilled to recognize ibex with two 2025 Product of the Year Awards,” said Rich Tehrani, CEO of TMC. “ibex has clearly earned its place among the industry’s top solutions, and I’m eager to see how ibex continues to innovate and lead in 2025 and beyond.”

    About ibex

    ibex delivers innovative business process outsourcing (BPO), smart digital marketing, online acquisition technology, and end-to-end customer engagement solutions to help companies acquire, engage and retain valuable customers. Today, ibex operates a global CX delivery center model consisting of approximately 31 operations facilities around the world, while deploying next generation technology to drive superior customer experiences for many of the world’s leading companies across retail, e-commerce, healthcare, fintech, utilities and logistics.

    ibex leverages its diverse global team of over 31,000 employees together with industry-leading technology, including its AI-powered ibex Wave iX solutions suite, to manage nearly 175 million critical customer interactions, adding over $2.2B in lifetime customer revenue each year and driving a truly differentiated customer experience. To learn more, visit our website at ibex.co and connect with us on LinkedIn.

    About CUSTOMER Magazine

    TMC’s CUSTOMER magazine, originally launched in 1982 as Telemarketing magazine, remains the go-to resource for news, insights, and strategies that elevate customer engagement across all channels. Each issue explores the latest advancements in AI-powered CX, omnichannel communication, agent enablement, customer journey analytics, conversational AI, automation, mobile and cloud-based solutions, workforce optimization, and more. For additional information, please visit https://www.customerzone360.com.

    About TMC

    TMC provides global buyers with valuable insights to make informed tech decisions through our editorial platforms, live events, webinars, and online advertising. Leading vendors trust TMC, thought leadership, and our events for branding, thought leadership, and lead generation. Our live events, like the ITEXPO #TECHSUPERSHOW, deliver unmatched visibility, while our custom lead generation programs and webinars ensure a steady flow of sales opportunities. Display ads on trusted sites generate millions of impressions, boosting brand reputations. TMC offers a complete 360-degree marketing solution, from event management to content creation, driving SEO, branding, and marketing success. Learn more at www.tmcnet.com and follow @tmcnet on Facebook, LinkedIn, and X.

    Media Contact:

    Dan Burris
    ibex
    Daniel.Burris@ibex.co

    A photo accompanying this announcement is available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/840448c4-942f-4b70-817e-f77074fc330f

    The MIL Network

  • MIL-OSI: Colin Biggers & Paisley selected Intapp Time to modernize timekeeping and compliance practices

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., April 29, 2025 (GLOBE NEWSWIRE) — Intapp (NASDAQ: INTA), a leading global provider of AI-powered solutions for professionals at advisory, capital markets, and legal firms, announces that Australian leading legal practice, Colin Biggers & Paisley, has chosen Intapp Time to modernize its timekeeping practices and enable more efficient work processes for its professionals.

    “We’re thrilled that Colin Biggers & Paisley has chosen to go to the cloud with Intapp Time,” said Laura Saklad, Legal Industry Principal at Intapp. “AI-powered data capture empowers the firm’s lawyers to focus on client delivery outcomes while ensuring full revenue realization by complying with client obligations.”

    Leading change
    Colin Biggers & Paisley’s decision to move to Intapp Time aligns with the firm’s strategy and commitment to leveraging innovative technology to enhance efficiency and compliance in today’s fast-paced legal market. During the evaluation process, firm leadership prioritized replacing their legacy solution with a new, cloud-based time system designed to enhance operational efficiency.

    “Our goal has always been to provide our lawyers with technology that saves time, fosters client satisfaction, and lets them focus their efforts on high-value client work,” said Sam Sofianos, CIO at Colin Biggers & Paisley. “Intapp Time, with its AI-powered time capture capabilities, enables our lawyers to record their time more accurately. This not only helps in improving our efficiency but also frees our IT team from the burden of managing on-premises infrastructure.”

    Modernizing timekeeping
    As a modern timekeeping solution, Intapp Time will help Colin Biggers & Paisley’s partners and professionals accurately record and submit detailed accounts of the time spent on each matter. The solution provides highly configurable templates and seamless integrations with financial and practice management systems to simplify timekeeping processes and increase timecard accuracy. Intapp Time also offers flexible timekeeping methods, native and integrated compliance capabilities, and Applied AI to help professionals easily recreate their days, adhere to client billing requirements, and minimize missed and under-recorded effort.

    Adopting a more modern, compliance-forward approach to timekeeping will help Colin Biggers & Paisley streamline its billing process, reduce billing disputes, and increase both client satisfaction and the firm’s topline revenue. Advanced reporting and dashboards will also help the firm’s leaders accurately evaluate engagement resources and track time against budget to optimize utilization and profitability.

    About Intapp 
    Intapp software helps professionals unlock their teams’ knowledge, relationships, and operational insights to increase value for their firms. Using the power of Applied AI, we make firm and market intelligence easy to find, understand, and use. With Intapp’s portfolio of vertical SaaS solutions, professionals can apply their collective expertise to make smarter decisions, manage risk, and increase competitive advantage. The world’s top firms — across accounting, consulting, investment banking, legal, private capital, and real assets — trust Intapp’s industry-specific platform and solutions to modernize and drive new growth. For more information, visit intapp.com and LinkedIn

    Contact
    Ali Robinson
    press@intapp.com

    The MIL Network

  • MIL-OSI: Vodafone Business and Fortinet Expand Global Partnership to Secure Hybrid Work

    Source: GlobeNewswire (MIL-OSI)

    • Vodafone Business expands its converged networking and cybersecurity services powered by the Fortinet Unified SASE solution to new global markets.
    • Vodafone Business has been also designated “Fortinet Global Partner” due to its expertise in designing, deploying, and managing secure connected enterprise solutions globally.

    LONDON and SUNNYVALE, Calif., April 29, 2025 (GLOBE NEWSWIRE) —

    News Summary

    Vodafone Business and Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced an expanded global partnership, extending the reach of their converged networking and cybersecurity services to additional countries across Europe and Asia, as well as the United States. Together, the two companies are helping businesses deliver on the connectivity needs of today’s hybrid workforce and confront the growing volume and sophistication of cyberthreats by converging networking and security into a single, seamless service.

    Large and medium-sized enterprises in Germany and in other European markets as well as multinational businesses served through Vodafone Business International can now benefit from Vodafone Business Secure Networking Services.

    These services integrate Fortinet’s industry-leading software-defined wide area network (SD-WAN) and FortiSASE cloud-based security solutions to help organizations secure their networks. They provide employees with the same secure, reliable access to their work applications regardless of their location all with a single view across network health visibility, performance dashboards, and customizable reports. With connectivity across 192 countries, Vodafone Business offers the scale and reach needed to support secure digital transformation worldwide.

    Today’s announcement, with Vodafone Business attaining the “Fortinet Global Partner” status, underscores both companies’ commitment to supporting regional and international organizations across their IT and operational technology (OT) environments. The value proposition also helps enterprises in meeting cybersecurity compliance standards and requirements.

    This milestone comes amid a surge in cybersecurity incidences, including malware, data breaches, and social engineering, which rose significantly in the European Union in the first half of 2024, according to the European Union Agency for Cybersecurity (ENISA).

    Marika Auramo, CEO of Vodafone Business, said: “Cybersecurity is an increasing concern for our customers both in-country and cross-border. The breadth and depth of our global partnership with Fortinet means we can provide customers with the benefits of new digital connectivity to more places whilst ensuring that their digital assets, employees, partners and users are protected.”

    Joe Sarno, Executive Vice President, International Sales, Fortinet added: “As organizations digitize and scale across borders, secure connectivity is no longer optional—it’s essential. Our expanded partnership with Vodafone enables us to deliver unified SASE solutions that combine advanced security with exceptional performance so enterprises can confidently connect users, devices, and apps anywhere in the world.”

    Under the Vodafone Business and Fortinet partnership, businesses can purchase integrated services tailored to their needs and supported by Vodafone Business cybersecurity and managed network service experts. Customers can choose from four management options, including 24×7, co-managed network and security, various service-level guarantees, and professional services, including service discovery, design, implementation, and training.

    By combining their global reach and deep security expertise, Vodafone Business and Fortinet empower companies to detect and respond to threats swiftly, reducing risk while protecting operations and customer trust.

    Notes to Editors
    Vodafone Business and Fortinet will work together to further enhance sovereign compliant network operations center (NOC) and secure operations center (SOC) services. Vodafone Business recently opened a cybersecurity center in Düsseldorf, Germany, which will be home to more than 100 cybersecurity experts to help protect enterprise customers of all sizes from online threats.

    Increased automation and AI networking experiences as part of Vodafone Business Network-as-a-Service (NaaS) Platform is another area of focus for Vodafone Business and Fortinet. NaaS meets customer digital transformation needs by bringing together Vodafone’s software-based connectivity products and services, including SD-WAN, SASE/SSE, and Wireless and Fixed Internet Transport Services. It gives customers, or Vodafone Business managed services teams on their behalf, greater flexibility to buy, configure, and manage services to meet their specific dynamic business and AI application demands.

    Vodafone Business Secure Networking offers organizations several future-proofed managed solutions connecting their users, devices, and machinery. They are:    

    • Vodafone Business Secure Firewall with Fortinet delivers a comprehensive managed security service to set up, operate, run, manage, and maintain customer firewalls in a highly secure manner.
    • Vodafone Business Secure SD-WAN with Fortinet, which is ideal for organizations that need to ensure that their operations meet security and compliance regulation, and who need a secure, reliable, and agile network as they embrace the advantages of moving workloads to the cloud. 
    • Vodafone Business FortiSASE is aimed at customers looking to adopt flexible, robust, and secure hybrid work.

    More information around the partnership and Vodafone Business’ offerings can be found here

    Contact details

    About Vodafone Group
    everyone.connected

    Vodafone is a leading European and African telecoms company. We provide mobile and fixed services to over 340 million customers in 15 countries, partner with mobile networks in over 45 more and have one of the world’s largest IoT platforms. In Africa, our financial technology businesses serve almost 83 million customers across seven countries – managing more transactions than any other provider.

    Our purpose is to connect for a better future by using technology to improve lives, businesses and help progress inclusive sustainable societies. We are committed to reducing our environmental impact to reach net zero emissions by 2040.

    For more information, please visit www.vodafone.com follow us on X at @VodafoneGroup or connect with us on LinkedIn at http://www.linkedin.com/company/vodafone.

    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, FortiAgent, 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, FortiEndpoint 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, FortiSEC, 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: Brett Snortland Joins Rate as Senior Vice President of Market Growth & Development

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, April 29, 2025 (GLOBE NEWSWIRE) — Rate, a leader in fintech mortgage solutions, today announced that Brett Snortland has joined the company as Senior Vice President of Market Growth and Development. Based in Houston, Snortland will focus on expanding Rate’s presence and production across the West Division, helping drive growth through recruitment, development, and sales strategy.

    With more than 30 years of experience in sales and recruiting within the mortgage industry, Snortland brings a proven track record of success. He has funded more than $20 billion in his career, including $3.1 billion in 2020 and 2021 alone. A seasoned relationship manager and coach to originators, he specializes in growth, P&L management, relationship selling, and strategic recruiting.

    “Joining Rate at this time of innovation and opportunity is truly energizing,” said Snortland. “This team is unmatched in its commitment to both technology and talent. I’m excited to build on that foundation and help drive significant growth across the West.”

    Snortland is married to his wife Carrie of 32 years and is a proud father to three sons. A former collegiate golfer at The University of Texas, he played professionally from 1993 to 1995.

    “Brett’s leadership style and experience in cultivating high-performing teams will be a huge asset to Rate,” said Todd Heaton, EVP and Western Divisional Manager for Rate. “He’s joining at the perfect time as we continue investing in both people and platforms to expand our reach and better serve homebuyers.”

    About Rate

    Rate Companies is a leader in mortgage lending and digital financial services. Headquartered in Chicago, Rate has over 850 branches across all 50 states and Washington D.C. Since its launch in 2000, Rate has helped more than 2 million homeowners with home purchase loans and refinances. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates, and delivering unparalleled customer service.

    Honors and awards include Best Mortgage Lender for First-Time Homebuyers by NerdWallet for 2023; HousingWire’s Tech100 award for the company’s industry-leading FlashClose℠ digital mortgage platform in 2020, MyAccount in 2022, and Language Access Program in 2023; the most Scotsman Guide Top Originators for 11 consecutive years; Chicago Agent Magazine’s Lender of the Year for seven consecutive years; and Chicago Tribune’s Top Workplaces list for seven straight years.

    Visit rate.com for more information.

    Media Contact

    press@rate.com

    The MIL Network

  • MIL-OSI: Tenable Appoints Eric Doerr as Chief Product Officer

    Source: GlobeNewswire (MIL-OSI)

    COLUMBIA, Md., April 29, 2025 (GLOBE NEWSWIRE) — Tenable®, the exposure management company, today announced the appointment of Eric Doerr as Chief Product Officer (CPO). Doerr brings nearly three decades of experience building and scaling security products at some of the world’s most respected technology companies, including Microsoft and, most recently, Google Cloud.

    At Tenable, Doerr will lead the company’s global product organization, overseeing strategy, innovation and execution across its growing cybersecurity portfolio. His appointment comes at a pivotal moment, as Tenable prepares to launch a significantly expanded version of its Tenable One platform—designed to deliver the most comprehensive exposure management capabilities in the industry. It also coincides with Tenable’s demonstrated momentum in cloud security.

    “Tenable has a clear and compelling vision for the future of cybersecurity—one that unifies visibility, prioritization and remediation across the modern attack surface,” said Steve Vintz, co-CEO, Tenable. “Eric’s deep expertise in cloud-native security, threat intelligence, and large-scale product innovation makes him the ideal leader to advance our exposure management vision and accelerate our impact across the enterprise.”

    Doerr most recently served as Vice President of Security Products at Google Cloud, where he led a broad portfolio including Google SecOps (formerly Chronicle) and Google Threat Intelligence, as well as the Mandiant integration. Prior to Google, he spent more than 20 years at Microsoft in senior leadership roles across the security and identity space, including General Manager of Microsoft Account and Corporate Vice President of Cloud Security and the Microsoft Security Response Center (MSRC).

    “Tenable is transforming how organizations think about and reduce cyber risk,” said Doerr. “Its forward-thinking approach to exposure management and its rapid innovation in cloud security make this an incredibly exciting time to join. I’m thrilled to be part of a team that’s building the future of cybersecurity.”

    Shai Morag, Tenable’s current CPO, will remain at the company during the transition period. The company thanks Mr. Morag for his leadership and many contributions to Tenable’s product strategy and growth.

    About Tenable
    Tenable® is the exposure management company, exposing and closing the cybersecurity gaps that erode business value, reputation and trust. The company’s AI-powered exposure management platform radically unifies security visibility, insight and action across the attack surface, equipping modern organizations to protect against attacks from IT infrastructure to cloud environments to critical infrastructure and everywhere in between. By protecting enterprises from security exposure, Tenable reduces business risk for approximately 44,000 customers around the globe. Learn more at tenable.com.

    Media Contact:
    Tenable
    tenablepr@tenable.com

    Forward-Looking Statements

    This press release includes forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release other than statements of historical fact, including statements regarding the effects of appointing the CPO, future results of operations, and business strategy and plans and objectives for future operations, are forward-looking statements and represent our views as of the date of this press release. The words “anticipate,” “believe,” “continue,” “estimate,” “expect,” “intend,” “may,” “will” and similar expressions are intended to identify forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives and financial needs. These forward-looking statements are subject to a number of assumptions and risks and uncertainties, many of which involve factors or circumstances that are beyond our control that could affect our financial results. These risks and uncertainties are detailed in the sections titled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for the year ended December 31, 2024 as well as other filings that we make from time to time with the SEC, which are available on the SEC’s website at sec.gov. Moreover, we operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the future events and trends discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated or implied in any forward-looking statements. Except as required by law, we are under no obligation to update these forward-looking statements subsequent to the date of this press release, or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements.

    The MIL Network

  • MIL-OSI: NB Private Equity Partners Announces Updated Company Operating Metrics

    Source: GlobeNewswire (MIL-OSI)

    THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS

    St Peter Port, Guernsey    29 April 2025

    RNS Announcement of Audited 2024 Results and 31 March 2025 Est. NAV and investor presentation dated 28 April 2025. NB Private Equity Partners (“NBPE” or the “Company”) today announces an update to previously published portfolio performance metrics, valuation and leverage statistics following the receipt of additional information. The updated metrics are LTM Revenue and LTM EBITDA growth1 as of 31 December 2024 of 8.1% and 12.1%, respectively, and 15.3x EV/EBITDA valuation multiple2, and 5.3x net debt/EBITDA2. An updated investor presentation is available on the Company’s website.
    For further information, please contact:

    NBPE Investor Relations        +44 20 3214 9002
    Luke Mason        NBPrivateMarketsIR@nb.com

    Kaso Legg Communications        +44 (0)20 3882 6644

    Charles Gorman        nbpe@kl-communications.com
    Luke Dampier
    Charlotte Francis

    About NB Private Equity Partners Limited
    NBPE invests in direct private equity investments alongside market leading private equity firms globally. NB Alternatives Advisers LLC (the “Investment Manager”), an indirect wholly owned subsidiary of Neuberger Berman Group LLC, is responsible for sourcing, execution and management of NBPE. The vast majority of direct investments are made with no management fee / no carried interest payable to third-party GPs, offering greater fee efficiency than other listed private equity companies. NBPE seeks capital appreciation through growth in net asset value over time while paying a bi-annual dividend.

    LEI number: 213800UJH93NH8IOFQ77

    About Neuberger Berman

    Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $515 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman’s investment philosophy is founded on active management, fundamental research and engaged ownership. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of March 31, 2025.


    1 Revenue & EBITDA Growth: Past performance is no guarantee of future results. Fair value as of 31 December 2024 and the data is subject to the following adjustments: 1) Excludes public companies, Marquee Brands and other investments not valued on multiples of EBITDA. 2) Analysis based on 66 private companies. 3) The private companies included in the data represent approximately 89% of the total direct equity portfolio. 4) The following exclusions to the data were made: a) growth of one company ($5 million of value) was excluded from the data as the Manager believed the EBITDA growth rate was an outlier due to an extraordinary percentage change c) four companies (8% of direct equity fair value) were held less than one year and excluded from the growth rates d) three companies (1% of direct equity fair value) were excluded with non-comparable time frames of LTM revenue and/or LTM EBITDA data or insufficient information to calculate a growth rate. Portfolio company operating metrics are based on the most recently available (unaudited) financial information for each company and based on as reported by the lead private equity sponsor to the Manager as of 28 April 2025. Where necessary, estimates were used, which include pro forma adjusted EBITDA and other EBITDA adjustments, pro forma revenue adjustments, run-rate adjustments for acquisitions, and annualised quarterly operating metrics. LTM periods as of 31/12/24 and 30/9/24 and 31/12/23 and 30/9/23. LTM revenue and LTM EBITDA growth rates are weighted by fair value. Growth rate data is based on 66 companies and subject to the aforementioned exclusions; underlying EBITDA reported by the GPs may include pro forma or other adjustments to LTM EBITDA in one or both periods and this reported EBITDA used to calculate growth rates may not be the same EBITDA for valuation purposes by underlying GPs. As a result, growth and valuation multiple data are not directly comparable.

    2 Valuation & Leverage: Past performance is no guarantee of future results. Fair value as of 31 December 2024 and subject to the following adjustments. 1) Excludes public companies, Marquee Brands and other investments not valued on a multiple of EBITDA. 2) Based on 58 private companies which are valued based on EV/EBITDA metrics 3) The private companies included in the data represents 79% of direct equity investment fair value. 4) Companies not valued on multiples of trailing EBITDA are excluded from valuation statistics. 5) Leverage statistics exclude companies with net cash position and leverage data represents 78% of direct equity investment fair value. Portfolio company operating metrics are based on the most recently available (unaudited) financial information for each company and are as reported by the lead private equity sponsor to the Manager as of 28 April 2025, based on reporting periods as of 31 December 2024 and 30 September 2024. EV and leverage data is weighted by fair value. LTM EBITDA used by underlying GPs for valuation purposes may differ from EBITDA used to calculate growth rates due to pro forma or other adjustments and therefore the two data sets are not directly comparable.
    .

    This press release appears as a matter of record only and does not constitute an offer to sell or a solicitation of an offer to purchase any security.

    NBPE is established as a closed-end investment company domiciled in Guernsey. NBPE has received the necessary consent of the Guernsey Financial Services Commission. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. This document is not intended to constitute legal, tax or accounting advice or investment recommendations. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. Statements contained in this document that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of NBPE’s investment manager. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. Additionally, this document contains “forward-looking statements.” Actual events or results or the actual performance of NBPE may differ materially from those reflected or contemplated in such targets or forward-looking statements.

    The MIL Network

  • MIL-OSI: Varonis Enhances Threat Detection and Response Capabilities with Agentic AI

    Source: GlobeNewswire (MIL-OSI)

    MIAMI and SAN FRANCISCO, April 29, 2025 (GLOBE NEWSWIRE) — RSA Conference Booth N-5658  Varonis Systems, Inc. (Nasdaq: VRNS), the data security leader, today announced the addition of agentic AI to help power its industry-leading Managed Data Detection and Response (MDDR) offering.

    Modern adversaries are weaponizing AI and overwhelming security teams with waves of automated attacks. The only way to stay ahead is to fight AI with AI.

    Varonis’ agentic AI operates autonomously, performing a variety of approved actions independently to speed up triage, investigation, and containment before feeding prioritized incidents to an expert analyst on the Varonis MDDR team.

    “Varonis MDDR customers have a world-class team of human analysts supported by an army of hyper-efficient robots working around the clock to keep their data safe from threats,” said Varonis CEO, President, and Co-founder Yaki Faitelson.

    Varonis agents perform tasks such as correlating log data, associating IP addresses with known threat actors, and eliminating noise so human analysts can focus on more complex tasks. Agents improve over time by actively learning from historical incidents and analyst feedback.

    Agentic AI allows Varonis MDDR to deliver effortless data security outcomes for customers with 24×7 monitoring and an industry-best SLA.

    Varonis’ agentic AI capabilities are now available as a native capability in Varonis MDDR.

    Additional Resources

    About Varonis
    Varonis (Nasdaq: VRNS) is the 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, 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: CAI Wins Gold Stevie® Award for Best Technical Support Solution in Computer Services

    Source: GlobeNewswire (MIL-OSI)

    ALLENTOWN, Pa., April 29, 2025 (GLOBE NEWSWIRE) — CAI, a global services firm, announced today it earned the gold Stevie® Award for Best Technical Support Solution in Computer Services. Identified for its efficiency within Service Desk, more than 3,600 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories.

    Building on the success from the 2024 bronze Stevie® Award for Best Use of Technology in Customer Service, CAI has further improved Service Desk with innovative capabilities to streamline processes, meeting and exceeding client demands while providing a best-in-class customer experience. With AI-powered chatbots and workflow managers, longstanding partnerships and predictive analytics, the firm’s technology-driven on results in unparalleled technical support.

    “The right technology enables superior experiences,” said Matt Peters, chief technology officer at CAI. “Through constant innovation and refinement, we combine the perfect blend of human and technological power that delivers record-breaking and industry-first results to our clients. Thanks to the talent of our teams and CAI’s ability to rapidly adopt cutting-edge technology, we are able to deliver on those results every day.”

    “Organizations across the United States continue to demonstrate resilience and innovation,” said Stevie Awards president Maggie Miller. “The 2025 Stevie winners have helped drive that success through their innovation, persistence and hard work. We congratulate all the winners in the 2025 American Business Awards.”

    The Stevie® Awards recognize organizations that have demonstrated outstanding achievements in technology and customer service.

    For a full list of Stevie® Technology Award winners, please visit: https://stevieawards.com/aba/technology-awards

    About CAI

    CAI is a global services firm with over 9,000 associates worldwide and a yearly revenue of $1.3 billion+. We have over 40 years of excellence in uniting talent and technology to power the possible for our clients, colleagues, and communities. As a privately held company, we have the freedom and focus to do what’s right—whatever it takes. Our tailor-made solutions create lasting results across the public and commercial sectors, and we are trailblazers in bringing neurodiversity to the enterprise.

    About the Stevie Awards
    Stevie Awards are conferred in nine programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, the Stevie Awards for Sales & Customer Service, and the Stevie Awards for Technology Excellence. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

    Contact:

    Madison Oler
    Sr. PR & Communications Specialist
    CAI
    Madison.oler@cai.io

    The MIL Network

  • MIL-OSI Global: What magic reveals about the brain – and how magicians sometimes fool themselves

    Source: The Conversation – UK – By Radoslaw Wincza, Lecturer in Behavioural Sciences, University of Central Lancashire

    FOTOKITA/Shutterstock

    Magicians have long been masters of mind games, turning our brain’s quirks and blind spots into moments of pure astonishment. But magic isn’t just for show – it’s become a powerful tool in the cognitive science of unlocking the mind’s hidden limitations.

    The science of magic has grown into a serious field of study, showing us how unreliable our intuitions and self-perceptions can be. However, a new study shows that magicians may be wrong about why their tricks work.

    From psychology and artificial intelligence to education and mental health, magic is inspiring fresh approaches to some of today’s biggest challenges. Today, scientists and magicians are teaming up, bringing sleight-of-hand into the lab to reveal surprising truths about how we think, see and behave.

    For example, misdirection is a key conjuring principle used to manipulate what we see, and scientific research on misdirection shows just how easily our attention can be hijacked. Other techniques such as “forcing,” involve subtle ways to steer our decisions without us even noticing. These illusions expose the gap between what we think we’re aware of and what’s actually happening in our minds.

    Magicians are masters of mind control – using techniques like misdirection to guide your attention to one thing while something else slips by unnoticed. Take English illusionist Derren Brown. He claims that, with the right mix of gestures and phrases, he can get you to think of a card he’s already predicted. Sounds wild, right?

    According to research, it actually works. Well, kind of. Not 100% of the time, but around 20%. That might not sound like much, but consider this: the chance of randomly naming a specific card from a deck is less than 2%, and even lower if we account for biases (like people often picking the Ace of Spades). So, bumping that chance up tenfold is pretty impressive.

    What does this tell us? That our decisions – what we choose, what we notice – are heavily influenced by what’s going on around us, even if we have no clue it’s happening.

    And this doesn’t just apply to magic. For example, as you are doing your weekly shop, you might think you pick your favourite brand of toilet paper because it’s the best. But research shows that people often choose whatever is placed at eye level, or in the centre of a shelf. Supermarkets know this. That’s why the most profitable products get prime shelf space – to gently (but powerfully) sway your choices.

    We love to believe we’re rational thinkers. But the truth is, we’re often guided by invisible hands – and not just the magician’s.

    Magicians were tapping into the secrets of the human mind long before scientists caught up. For decades, they’ve been using intuition to craft tricks that play perfectly on our mental blind spots. But even seasoned professionals can be fooled by their own assumptions.

    Here’s a standout example: in the magic world, it’s commonly believed that if a spectator names a card out loud (like “Queen of Hearts”), that choice is freer and less influenced by a magician than if the spectator had physically picked a card from the deck the magician is holding. Sounds reasonable, right? Except – it’s the opposite.

    Actions v thoughts

    In our recent study, we interviewed nearly 140 people after taking part in a magic trick where they either named or physically picked a card. On average, people felt more in control when they physically selected a card, and less influenced by the magician – despite what the magic community might expect.

    These findings reveal something fascinating: our sense of control is split. We feel more ownership over our actions – what we do – than over our thoughts. In other words, we trust our hands more than our heads.

    The human brain isn’t as rational as we think.
    Everett Collection/Shutterstock

    But it doesn’t stop there. Another long-held belief among magicians is that a trick feels more impossible and impressive – and creates a stronger emotional punch – when it happens in the spectator’s hands.

    Think about it: if a card magically swaps places with another while you’re holding them that should blow your mind more than if the same trick happens, say, under a box on the table.

    Surprisingly, that’s not what the research shows. In our study, participants were shown two versions of the same trick – in one version, a freely selected card changed in the hands of the participant, while in the other version, the card changed underneath a box.

    We found that people’s reactions to this kind of trick didn’t significantly change based on where it happened. Whether the cards swapped places in their hands or under a box, their sense of amazement was the same. The only difference? When it happened in their own hands, they felt more confused – but not more astonished.

    Why? We think it’s because the trick itself, just like many others out there, is already packed with emotional punch. No matter where the magic takes place, the effect is still jaw-dropping. So, it turns out, the “where” doesn’t matter as much as magicians had thought. It’s the “what” – the impossibility of the effect – that really leaves people stunned.

    So, why are some magicians wrong about this stuff? Honestly, we don’t have a definitive answer yet. But what we do know is this: even with years of experience, our perceptions can still lead us astray. That’s why it’s so important to test our assumptions – not just trust our gut. Magic gives us a powerful reminder of this by turning our mental shortcuts into moments of surprise.

    And this lesson goes way beyond card tricks. In everyday life, we carry beliefs and assumptions – about people, situations, even ourselves – that might feel true but are built on shaky ground. Sometimes, it’s just a harmless mistake. Other times, it can lead to stereotyping, misunderstandings, or missed opportunities.

    So next time you catch yourself making a snap judgement, pause and ask: How sure am I, really? A little curiosity could save you from an awkward moment – or even help you connect with someone you might’ve otherwise dismissed.

    Because if there’s one thing magic teaches us, it’s this: the mind is full of surprises – and we’re all a little easier to fool than we’d like to admit.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. What magic reveals about the brain – and how magicians sometimes fool themselves – https://theconversation.com/what-magic-reveals-about-the-brain-and-how-magicians-sometimes-fool-themselves-255236

    MIL OSI – Global Reports