Category: Artificial Intelligence

  • MIL-OSI: Global Artificial Intelligence Influence on Diabetic Retinopathy Market Expected to See Significant Growth

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., April 29, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – According to reports from industry insiders the Global AI in Diabetic Retinopathy market is projected to continue to grow at a substantial rate for years to come. According to Metastat, Global AI in Diabetic Retinopathy Market is witnessing unprecedented growth, reshaping the landscape of diagnostic and therapeutic interventions for this prevalent and sight-threatening complication of diabetes. As technology continues to advance, artificial intelligence (AI) is emerging as a transformative force in healthcare, particularly in the domain of diabetic retinopathy (DR), where early detection and timely intervention are critical. The report said “AI applications in diabetic retinopathy are gaining momentum due to their ability to augment traditional diagnostic methods. Image analysis, a cornerstone in the detection of retinal abnormalities, has witnessed a paradigm shift with the incorporation of AI algorithms. These algorithms, trained on vast datasets of retinal images, demonstrate remarkable accuracy in identifying subtle changes indicative of diabetic retinopathy. Consequently, they empower healthcare professionals with more efficient and precise tools for early diagnosis. One of the notable contributions of AI in diabetic retinopathy lies in its potential to address the challenge of limited access to ophthalmic expertise, especially in resource-constrained regions. Automated screening processes, driven by AI, enable remote and quick assessment of retinal images, offering a scalable solution to bridge the gap in healthcare accessibility. This democratization of expertise has the potential to revolutionize the way diabetic retinopathy is diagnosed and managed globally.” According to a report issued by Grand View Research: “the global diabetic retinopathy market size was estimated at USD $9.48 Billion in 2024 and is expected to grow at a CAGR of 6.4% from 2025 to 2030. One of the main factors expected to fuel market expansion is the growing incidence of diabetes in older individuals and the rising prevalence of blindness caused by diabetes. The introduction of novel diagnostic technologies and treatments and the increased awareness are driving the market expansion.”   Active healthcare/tech companies active in the markets include: Avant Technologies Inc. (OTCQB: AVAI), Recursion (NASDAQ: RXRX), Tempus AI, Inc. (NASDAQ: TEM), Predictive Oncology Inc. (NASDAQ: POAI), ADMA Biologics, Inc. (NASDAQ: ADMA).

    The Metastat report continued: “Moreover, AI is not confined to diagnosis alone; it extends its influence on the realm of personalized treatment strategies. Tailoring interventions based on individual patient profiles; AI algorithms enhance the efficacy of therapeutic approaches. This marks a significant departure from conventional one-size-fits-all methodologies, allowing for more precise and targeted treatment plans. The continuous evolution of AI models also holds promise for prognostic applications in diabetic retinopathy. Predictive analytics, driven by machine learning algorithms, analyzes diverse patient data to forecast the progression of the disease. This foresight equips healthcare providers with valuable information to strategize long-term management plans, optimizing outcomes for patients with diabetic retinopathy.”

    Avant Technologies, Inc. (OTCQB: AVAI) and Ainnova Request Pre-Submission Meeting with US FDA for VisionAI Platform Technology Avant Technologies, Inc. (“Avant” or the “Company”), and its JV partner, Ainnova Tech, Inc., (Ainnova), a leading healthcare technology company focused on revolutionizing early disease detection using artificial intelligence (AI), today announced that The Center for Devices and Radiological Health of the U.S. Food and Drug Administration (FDA) has received the company’s submission package requesting a pre-submission meeting with the FDA for its VisionAI platform technology and is now under review.

    Ainnova is requesting a pre-submission meeting with the FDA’s review team to discuss any questions and/or concerns about its proposed formal submission, including seeking advice to finalize the protocol and obtain agency guidance for a clinical trial of its VisionAI platform in the early detection of diabetic retinopathy. A pre-submission meeting allows companies to clarify regulatory requirements, get feedback on their plans, and potentially avoid delays or issues during the formal review process.

    The clinical studies will aim to support an FDA 510(k) submission to obtain clearance from the regulatory agency to market its technology in the U.S.

    Ai-nova Acquisition Corp. (AAC), the company formed by the partnership between Avant and Ainnova to advance and commercialize Ainnova’s technology portfolio, including its VisionAI platform and its versatile retinal cameras, has worldwide licensing rights for this portfolio. The licensing rights include the U.S., where the FDA regulates drug and medical device development, so the success of Ainnova’s interactions with the FDA are paramount to marketing the technology portfolio in the United States.

    Vinicio Vargas, Chief Executive Officer at Ainnova and a member of AAC’s Board of Directors, said, “This milestone reflects our two-tiered strategy, rapid deployment in low-regulation markets where VisionAI operates as a screening tool, and simultaneous progress toward FDA clearance for the U.S. market. Entering the U.S. will unlock significant commercial potential, and early engagement with regulators ensures we do so with speed, credibility, and a validated product.”

    For medical device applicants like Ainnova, the FDA’s pre-submission program is useful to determine a clear regulatory pathway for the successful launch of the device, including the number of patients and the number of clinics that will be needed to generate the necessary clinical data for the FDA to make an informed decision on Ainnova’s VisionAI platform. For Avant, the pre-submission meeting will help define a precise budget for the strategic partnership’s entire FDA process.   CONTINUED… Read this and more news for Avant Technologies at:   https://www.financialnewsmedia.com/news-avai/

    In other developments and happenings in the markets recently include:

    Recursion (NASDAQ: RXRX) recently announced it will present preliminary data during the 2025 Digestive Disease Week (DDW) meeting from its ongoing Phase 1b/2 clinical trial, TUPELO, which is evaluating the safety and preliminary activity of REC-4881 for the treatment of familial adenomatous polyposis (FAP). The data will be presented as a late-breaking oral presentation during the Research Forum session on Hereditary GI cancer syndromes on Sunday, May 4, 2025 in San Diego.

    “We are pleased that DDW has recognized the importance of our data in addressing the unmet needs of the FAP patient population, where no FDA-approved therapies currently exist,” said Najat Khan, PhD, Chief R&D Officer and Chief Commercial Officer at Recursion. “MEK 1/2 inhibition for the potential treatment of FAP was identified through our AI-powered Recursion OS platform, which analyzed cellular models of APC gene loss to uncover a potential first-in-disease treatment. We look forward to sharing our preliminary findings in our upcoming DDW presentation in May.”

    Tempus AI, Inc. (NASDAQ: TEM), a technology company leading the adoption of AI to advance precision medicine and patient care, recently announced Tempus Loop, a new oncology-focused platform for target discovery and validation. Loop is Tempus’ proprietary approach to novel target identification that integrates real-world patient data (RWD) with human-derived biological models and CRISPR-screens, all leveraging AI to rapidly uncover insights for pre-clinical therapeutic development.

    One of the biggest industry challenges has been translating promising preclinical experiments into treatments that can benefit patients. Conventional approaches in target discovery and validation rely on cell lines or animal models, which may not be reliable representations of human tumors. Loop’s approach is uniquely powerful because it leverages Tempus’ rich RWD to identify patient subpopulations with similar clinical, pathologic, and molecular patterns, followed by use of systems biological approaches to help reveal novel target genes and multimodal signatures. These signatures allow Tempus to seamlessly map patient subcohorts to relevant patient-derived organoids (PDOs), which the company has been expanding for years. By ensuring continuity between RWD and PDOs, Tempus can validate targets using high-throughput functional screens in models that more closely reflect patient attributes. This seamless integration—RWD to PDO and back—can help to enable rapid hypothesis generation and testing in the most relevant disease models, accelerating target discovery and validation.

    Predictive Oncology Inc. (NASDAQ: POAI), a leader in AI-driven drug discovery, recently announced that it has made significant progress along the continuum of biomarker discovery, drug discovery and drug repurposing. These latest developments build upon Predictive’s ongoing initiative to combine its in-house biomarker identification platform with its AI screening capabilities.   Identifying new indications using active machine learning and a biobank of patient derived dissociated tumor cells (DTCs) represents a novel and commercially sustainable approach to repurposing abandoned oncology drugs.

    “This efficient screening approach on a small, curated cohort of abandoned drugs identified three compounds that warrant further exploration in tumor indications that have never been examined in this way,” said Dr. Arlette Uihlein, SVP of Translational Medicine and Drug Discovery and Medical Director at Predictive Oncology. “The work that we have done successfully demonstrates our ability to utilize our active machine learning and biobank of tumor samples to capture patient response heterogeneity in less than 12 weeks.”

    ADMA Biologics, Inc. (NASDAQ: ADMA) (“ADMA” or the “Company”) recently announced U.S. FDA approval of its innovative yield enhancement production process. This innovative process has demonstrated an ability to increase production yields by approximately 20% from the same starting plasma volume.

    “This approval represents a pivotal milestone for ADMA, unlocking the opportunity for meaningful acceleration in our revenue and earnings trajectory beginning in late 2025 and accelerating further into 2026 and beyond,” said Adam Grossman, President and Chief Executive Officer of ADMA. “As the first U.S. producer of plasma-derived products to achieve regulatory approval for its innovative yield enhancement production process, ADMA continues to demonstrate its leadership in modernizing and advancing plasma fractionation through agile, forward-thinking scientific development and execution. We commend our team for driving this novel process from concept to approval with speed and capital efficiency, and we thank the FDA for its thorough and timely review as well as the Agency’s commitment to expanding immune globulin access for immunocompromised patients. Looking ahead, we are excited to continue to advance our internal R&D platform—further optimizing production capabilities and progressing novel pipeline programs, most notably SG-001, our pre-clinical, investigative hyperimmune globulin targeting S. pneumonia, which exemplify our commitment to product and process innovation.”

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    DISCLAIMER:  FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNM is NOT affiliated in any manner with any company mentioned herein.  FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNM was compensated forty nine hundred dollars for news coverage of the current press releases issued by Avant Technologies, Inc. by a non-affiliated third party.  FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

    Contact Information:

    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757 

    SOURCE: FN Media Group

    The MIL Network

  • MIL-OSI: Outbrain to Release First Quarter 2025 Financial Results on May 9, 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 29, 2025 (GLOBE NEWSWIRE) — Outbrain Inc. (NASDAQ: OB), which is operating under the new Teads brand, announced today that the company will release its first quarter 2025 results before the market opens on Friday, May 9, 2025, followed by a conference call at 8:30 a.m. (Eastern Time) that same day to discuss the company’s results and business outlook.

    The conference call can be accessed live over the phone by dialing 1-877-497-9071 or for international callers, 1-201-689-8727. A replay will be available two hours after the call and can be accessed by dialing 1-877-660-6853, or for international callers, 1-201-612-7415. The passcode for the live call and replay is 13753068. The replay will be available until May 23, 2025.

    Interested investors and other parties may also listen to a simultaneous webcast of the conference call by logging onto the Investor Relations section of the Company’s website at https://investors.outbrain.com/. The online replay will be available for a limited time shortly following the call.

    About The Combined Company

    Outbrain Inc. (Nasdaq: OB) and Teads combined on February 3, 2025 and are operating under the new Teads brand. The new Teads is the omnichannel outcomes platform for the open internet, driving full-funnel results for marketers across premium media. With a focus on meaningful business outcomes, the combined company ensures value is driven with every media dollar by leveraging predictive AI technology to connect quality media, beautiful brand creative, and context-driven addressability and measurement. One of the most scaled advertising platforms on the open internet, the new Teads is directly partnered with more than 10,000 publishers and 20,000 advertisers globally. The company is headquartered in New York, with a global team of nearly 1,800 people in 36 countries.

    Media Contact

    press@outbrain.com

    Investor Relations Contact

    IR@outbrain.com

    (332) 205-8999

    The MIL Network

  • MIL-OSI: Primech AI Secures Foothold in Europe’s Rapidly Growing €10+ Billion Service Robotics Market Through Strategic Partnership with TCOrobotics GmbH

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, April 29, 2025 (GLOBE NEWSWIRE) — Primech AI Pte. Ltd. (“Primech AI” or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced its strategic entry into the European market through a Memorandum of Understanding (MOU) with TCOrobotics GmbH, establishing a distribution framework for its innovative HYTRON, AI-powered autonomous bathroom cleaning robots across Germany, Austria, and Switzerland (DACH region).

    The two-year agreement positions Primech AI to capitalize on Europe’s booming service robotics market, currently valued at over €10 billion annually and projected to reach €20-30 billion by 2030. With European service robot suppliers representing approximately 44% of global providers, this partnership gives Primech AI access to one of the world’s most sophisticated robotics ecosystems.

    “Europe represents an exceptional growth opportunity for Primech AI, with the EU service robotics market experiencing double-digit annual growth driven by labor shortages, technological advances, and increasing acceptance of automation solutions,” said Charles Ng, Co-Founder and Chief Operating Officer of Primech AI. “Our partnership with TCOrobotics gives us an immediate market presence in the DACH region, which is at the forefront of adopting innovative cleaning technologies and boasts some of the world’s leading robotics companies.”

    The European market is particularly receptive to autonomous cleaning solutions, with specialized cleaning robots seeing increased deployment following the COVID-19 pandemic. The region’s high labor costs, aging workforce, and strict hygiene standards in commercial facilities create ideal conditions for Primech AI’s HYTRON robots, which offer cost-effective, consistent cleaning performance.

    Under the terms of the MOU, TCOrobotics, based in Vaihingen an der Enz, Germany, will oversee all aspects of regional distribution, including installation processes, maintenance, technical support, and customer training. The Company will work closely with Primech AI to ensure consistent quality standards and effective implementation of HYTRON robots at customer facilities.

    “We’re seeing tremendous demand for advanced cleaning automation across the DACH region,” said Aleksandar Birmanac, CEO of TCOrobotics GmbH. “Primech AI’s HYTRON robots represent a perfect solution for facilities managers looking to address labor shortages while improving cleaning consistency and operational efficiency. We anticipate strong adoption across a variety of commercial settings.”
    This European expansion represents a significant milestone in Primech AI’s global growth strategy and offers substantial potential for revenue growth in a market expected to double in value by 2030. The Company’s entry into Europe also benefits from the EU’s supportive policy environment for robotics innovation while meeting the region’s stringent regulatory requirements.

    According to the International Federation of Robotics, Primech AI’s expansion comes at a time when specialized professional service robots for cleaning saw 12% year-over-year growth globally in 2022. The DACH region specifically has seen accelerated adoption of cleaning robots in commercial settings following the pandemic, with businesses increasingly viewing robot deployment as both a practical necessity and a marketing advantage that signals cleanliness and technological sophistication to customers.

    About Primech AI
    Primech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visit www.primech.ai.

    About Primech Holdings Limited
    Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.    

    Forward-Looking Statements
    Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

    Company Contact:
    Email: ir@primech.com.sg

    Investor Relations Contact:        
    Matthew Abenante, IRC
    President                                        
    Strategic Investor Relations, LLC                                         
    Tel: 347-947-2093
    Email: matthew@strategic-ir.com

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  • MIL-OSI: Locus Technologies Releases the First Fully Integrated Software Suite for Water Quality, Water Compliance, and Water Sustainability Programs

    Source: GlobeNewswire (MIL-OSI)

    MOUNTAIN VIEW, Calif., April 29, 2025 (GLOBE NEWSWIRE) — Locus Technologies, the sustainability and Environmental Health and Safety (EHS) compliance software leader, announced the release of Locus Water, the first end-to-end, AI-ready software that has been future-proofed for the water utility industry. The suite is uniquely built upon state-of-the-art multitenant cloud, metadata-driven software-as-a-service (SaaS) architecture, empowering water and wastewater utilities to adapt to shifting priorities and address current demands without redundant data entry, compatibility issues, or technical gaps.

    “Utilities have struggled with fragmented, outdated, or single-purpose systems for too long,” said Neno Duplan, founder and CEO of Locus Technologies. “That’s why Locus Water is a game-changer for water pros trying to keep up with everything from DMRs, CCRs, PFAS and compliance to cyber security and customer outreach. We’re unifying the entire water lifecycle – from source to discharge and from metrics to quality.”

    Locus Water is comprised of eight optional and unified software apps: Drinking Water Compliance, Backflow Prevention, Industrial Pretreatment, Water Metrics, Stormwater Inspections, Test Equipment Management, Watershed Maintenance, and Customer Complaints to help water professionals efficiently leverage the data generated by diverse water initiatives for tracking, tasking, and reporting. Additional purpose-built apps are slated for release after the completion of ongoing beta tests with several water districts. As part of the software release, Locus also announced an incentive program to help water utilities quickly migrate to the new technology.

    “Water is the world’s most precious resource, and it warrants technology that rises to that level of significance,” said Duplan. “Locus Water enables true digital transformation and raises the bar for the entire industry.”

    All applications in the Locus Water collection support data capture from mobile, IoT devices, and API connectors, and they share a common user interface, a workflow engine, a reporting dashboard, GIS, Single Sign-On (SSO) and enterprise-grade security, and configuration tools for power users to adjust the software. The configurable nature of the metadata-driven architecture positions Locus clients to quickly respond to regulatory changes, emerging contaminants, and EHS compliance and ESG/CSRD requirements from the same interface.

    To learn more about Locus Water and its water quality and analytical software that has been used by municipal water districts across the U.S. for more than a decade, please visit http://www.locustec.com.

    About Locus Technologies
    Locus Technologies, the global environmental, social, governance (ESG), sustainability, and EHS compliance software leader, empowers companies of every size and industry to be credible with ESG reporting. From 1997, Locus pioneered enterprise software-as-a-service (SaaS) for EHS compliance, water management, and ESG credible reporting. Locus apps and software solutions improve business performance by strengthening risk management and EHS for organizations across industries and government agencies. Organizations ranging from medium-sized businesses to Fortune 500 enterprises, such as Sempra, Corteva, Chevron, DuPont, Chemours, San Jose Water Company, The Port Authority of New York and New Jersey, Port of Seattle, and Los Alamos National Laboratory, have selected Locus. Locus is headquartered in Mountain View, California. For further information regarding Locus and its commitment to excellence in SaaS solutions, please visit http://www.locustec.com or email info@locustec.com.

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  • MIL-OSI: SEON Powers Fraud Prevention for Tecovas Across the Brand’s Rapidly-Growing Retail and E-Commerce Operations

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, April 29, 2025 (GLOBE NEWSWIRE) — SEON, a leader in digital fraud prevention and compliance, today announced Tecovas, the world’s fastest-growing Western brand, has adopted SEON’s technology to strengthen security and streamline fraud detection across its retail and e-commerce operations.

    Recognizing the increasing importance of protecting both online and in-store transactions, Tecovas took a proactive approach to preventing fraudulent charges, particularly chargebacks. To maintain a seamless shopping experience and improve operational efficiency, the company sought a smarter, more automated approach to fraud prevention.

    Tecovas implemented SEON alongside Shopify’s built-in fraud detection to strengthen fraud prevention without disrupting operations. SEON’s AI-driven technology enables Tecovas to reduce manual review times and improve detection accuracy while decreasing false positives and negatives, creating a smoother and more secure shopping experience.

    “We’re excited to partner with SEON and leverage their expertise to take our fraud prevention efforts to the next level,” said Michael Draper, Vice President, Engineering, Tecovas. “SEON’s proactive approach aligns with our goal of ensuring a seamless and secure experience for our customers, whether they’re shopping online or in-store.”

    “Innovative retailers like Tecovas choose SEON because of our expertise, cutting-edge technology and commitment to delivering industry-leading service,” said Matt DeLauro, President, GTM, SEON. “We work closely with our customers to ensure they not only stop fraud more effectively, but also maintain an optimal customer experience. We’re excited to support Tecovas as they continue to grow and redefine modern Western retail.”

    About SEON
    SEON helps risk teams detect and stop fraud and money laundering while ensuring regulatory compliance. By combining real-time digital footprint analysis, device intelligence and AI-driven rules, SEON empowers over 5,000 businesses globally to prevent threats before they occur. With integrated fraud prevention and AML capabilities, SEON operates from Austin, London, Budapest and Singapore. Learn more at seon.io.

    Media
    Press@seon.io

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  • MIL-OSI: Helport AI Congratulates Brand Ambassador Ben Griffin on First PGA TOUR Victory at Zurich Classic

    Source: GlobeNewswire (MIL-OSI)

    Former Mortgage Loan Officer Turned PGA TOUR Champion Embodies Helport AI’s Mission to Empower Excellence

    SINGAPORE and SAN DIEGO, April 29, 2025 (GLOBE NEWSWIRE) — Helport AI Limited (NASDAQ: HPAI) (“Helport AI” or the “Company”), an AI technology company serving enterprise clients with intelligent customer communication software and services, today congratulated brand ambassador Ben Griffin on capturing his first PGA TOUR title at the 2025 Zurich Classic of New Orleans alongside his friend and tournament partner, Andrew Novak, at TPC Louisiana in Avondale, Louisiana. Griffin sank a 35-foot birdie putt on the 17th hole to help seal the victory in the rotating format of four-ball and foursomes tournament, and is now ranked No. 21 in the FedExCup standings.

    Griffin’s remarkable journey—stepping away from professional golf to work as a mortgage loan officer before returning to the PGA TOUR—mirrors the spirit of resilience, performance, and empowerment that Helport AI strives to bring to customer-focused industries like mortgage lending. After reaching a career-high world ranking of No. 48, Griffin’s breakthrough win highlights the rewards of perseverance, preparation, and precision under pressure.

    “We are incredibly proud to celebrate Ben’s victory at the Zurich Classic,” said Guanghai Li, Chief Executive Officer of Helport AI. “Ben exemplifies the values we champion at Helport AI: a relentless pursuit of excellence, an unwavering commitment to growth, and the belief that the right tools and mindset can help individuals perform at their highest potential.”

    Helport AI’s flagship platform, AI Assist, acts as a real-time co-pilot for mortgage loan officers and other customer contact teams across financial services, including insurance and consumer financing. The technology provides intelligent conversation guidance, dynamic compliance support, and actionable insights—helping users achieve better customer outcomes, lower operational costs, and drive business growth.

    As a former loan officer himself, Griffin’s story resonates deeply with Helport AI’s mission of enhancing human performance through cutting-edge technology.

    “I know firsthand how demanding and high-pressure customer-facing roles can be,” said Ben Griffin. “That’s why I’m proud to partner with Helport AI, a company committed to giving professionals the tools they need to perform at their best. Winning the Zurich Classic is a dream come true, and I’m excited to continue growing both on and off the course with Helport by my side.”

    Griffin’s victory at the Zurich Classic marks a milestone not only in his professional golf career but also in the evolution of Helport AI’s growing partnerships with champions across industries who embody the pursuit of excellence.

    About Helport AI

    Helport AI (NASDAQ: HPAI) is a global technology company serving enterprise clients with intelligent customer communication software and services. Its flagship product, AI Assist, acts as a real-time co-pilot for customer contact teams, delivering smart guidance and tools designed to drive sales, improve customer engagement, and lower costs. The Company’s mission is to empower everyone to work as an expert—using AI to elevate, not replace, human capability. Learn more at www.helport.ai.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking, including, but not limited to, Helport AI’s business strategies, expansion plans, and anticipated results. These statements involve risks and uncertainties based on current expectations and projections. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions, although not all forward-looking statements contain these identifying words. Helport AI undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although Helport AI believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and Helport AI cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in Helport AI’s registration statement and other filings with the U.S. Securities and Exchange Commission.

    Media Contact
    Helport AI Investor Relations
    Email: ir@helport.ai
    Website: https://ir.helport.ai/

    External Investor Relations Contact
    Chris Tyson
    Executive Vice President, MZ North America
    Direct: +1 949-491-8235
    Email: HPAI@mzgroup.us
    Website: www.mzgroup.us

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/88ab4713-9616-4e80-94ef-ef16ae696bc4

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  • MIL-OSI: XRP News: XenDex Presale To Hit Soft Cap In Few Hours, $XDX Price Rises After Soft Cap Sell Out, Secure Your XDX Now!

    Source: GlobeNewswire (MIL-OSI)

    SYDNEY, April 29, 2025 (GLOBE NEWSWIRE) — XenDex, the revolutionary all-in-one decentralized exchange built on the XRP Ledger, is on the brink of selling out its presale and early buyers may never see these current prices again, In just the first week of its presale launch, over 30% of the token presale has already been sold, setting the stage for what many now predict could be a complete sellout within 2 weeks.

    Currently, excitement grows across the crypto industry amid US SEC dropping the XRP Ripple Lawsuit and clearing ProShares to launch XRP Futures ETFs. A new decentralized finance project, XenDex is seizing the moment to reshape the XRP Ledger ecosystem.

    Buy $XDX Token Now

    XDX Price Set to Increase After Today

    Currently, 1 XRP = 10 XDX, But once the soft cap is filled, 1.25 XRP will be required to purchase 10 XDX.

    That’s a 25% increase after the soft cap is raised, and with demand surging, this is the final opportunity to buy $XDX at its lowest possible rate.

    The new Ripple based DeFi is already offering its native token for sale at a very cheap price, ready to raise major funds in record time for advancement and further development of the project. The new XRP project has become the talk of the XRP community and investors are already jumping onboard, convinced XDX will deliver massive returns and position itself as XRP’s breakout altcoin by 2025.

    XenDex promotes itself as a transformative platform combining the power of Artificial Intelligence (AI) with an ultra-fast and low-fee XRP Ledger (XRP).

    Join XenDex Presale

    Smart contracts are currently undergoing comprehensive audits, and the platform will be fully non-custodial with transparent DAO-based governance. Early adopters participating in the presale will benefit from staking rewards, airdrops, and priority access to upcoming product launches.

    As the market looks toward a possible XRP ETF launch, projects like XenDex are building the infrastructure needed to support this wave of adoption. With its blend of automation, community empowerment, and high-speed execution, XenDex is positioning itself as the primary DeFi gateway for XRP-based assets.

    Join the Movement Now!

    Website: https://xendex.net
    XenDex Presale: https://xendex.net/presale
    Telegram: https://t.me/xendexcommunity
    Twitter/X: https://x.com/xendex_xrp
    Gitbook Docs: https://xdxdocs.gitbook.io

    Contact:
    Frank Richards
    Frank@xendex.net

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/85f7e1e8-5eee-4a30-9a74-b94f17b1a6ce

    The MIL Network

  • MIL-OSI: JOYY Inc. Filed 2024 Annual Report on Form 20-F

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, April 29, 2025 (GLOBE NEWSWIRE) — JOYY Inc. (NASDAQ: JOYY) (“JOYY” or the “Company”), a global technology company, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the Securities and Exchange Commission on April 29, 2025, Eastern Time. The annual report can be accessed on the Company’s investor relations website at http://ir.joyy.com.

    The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the Company’s Investor Relations Department at joyy-ir@joyy.com.

    About JOYY Inc.

    JOYY is a leading global technology company with a mission to enrich lives through technology. With a diversified product portfolio spanning live streaming, short-form videos, casual games, instant messaging, and emerging initiatives like advertising, JOYY has evolved beyond social entertainment into a multifaceted ecosystem powered by AI and data-driven technologies. Headquartered in Singapore and operating across the globe, JOYY has fostered a vibrant user community through its localized strategies. JOYY’s ADSs have been listed on the NASDAQ since November 2012.

    Investor Relations Contact

    JOYY Inc.
    Jane Xie/Maggie Yan
    Email: joyy-ir@joyy.com

    ICR, LLC.
    Robin Yang
    Email: joyy@icrinc.com

    The MIL Network

  • MIL-OSI: Best No KYC Casinos: JACKBIT Is Ranked Top No Verification Casino With Exclusive Bonuses

    Source: GlobeNewswire (MIL-OSI)

    LARNACA, Cyprus, April 29, 2025 (GLOBE NEWSWIRE) — No KYC casinos are ruling the gambling landscape recently. With numerous available options, it might be overwhelming for players to choose the best No KYC casino for better and safer iGaming. After reviewing multiple No KYC casino platforms, our experts found that JACKBIT is one of the best No KYC casinos of 2025.

    JOIN JACKBIT NOW!

    However, what helps JACKBIT stand out from the rest of the casinos? Is it the wide array of 7000+ games, multiple payment options, beneficial bonuses, or a safe gaming experience? Let’s have a detailed breakdown of what makes JACKBIT the best No KYC option for both seasoned gamblers and beginners exploring the new landscape. So, here is what JACKBIT has in store for you.

    JACKBIT Casino: The Best No KYC Casino In 2025

    JACKBIT is one of the most popular and widely accepted no KYC casinos in 2025. With a sleek design, easy navigation, and user-friendly interface, JACKBIT has offered an unmatched iGaming experience since its launch in 2022. This no KYC casino platform has a noteworthy game library that offers over 7000+ different casino games, and one of the best sportsbooks, making JACKBIT the hub for most casino and gambling lovers.

    Along with diverse and engaging games, JACKBIT, the no KYC crypto casino, has the best crypto sportsbook that has 82,000+ live events monthly, 75,000+ pre-match events monthly, 4500+ betting free spins, and 140+ sports types. Talking about the bonuses and promotions, JACKBIT offers the best welcome bonus with no wagering free spins, tournaments, rakeback, VIP club offers, and many more.

    CLAIM 100 FREE SPINS + 30% RAKEBACK—ZERO KYC REQUIRED!

    Moreover, JACKBIT no verification casino is a multiple-currency casino that provides fiat as well as cryptocurrencies. The registration and account creation of this no ID verification casino are simple, with no KYC verification procedures. Furthermore, the license from the Curacao Gaming Control Board ensures that JACKBIT, the no KYC crypto casino, is a reliable casino platform with transparent and safe services.

    Pros And Cons Of JACKBIT

    Before you enter the world of casinos, it is important to understand the advantages and disadvantages the platform holds. Similar to any form of entertainment casino also comes with its own set of pros and cons. Although you have analyzed the key features and attractions of JACKBIT in the earlier section, let’s have a closer look at its pros and cons.
    Pros

    • Provides engaging 7000+ casino games and the best crypto sportsbook.
    • Offers an attractive welcome bonus with no wagering requirements.
    • With no KYC requirements, JACKBIT safeguards the anonymity and privacy of its users.
    • With crypto and fiat transaction options, JACKBIT, the no KYC crypto casino, offers instant and lightning-fast transactions.
    • Has a wide range of bonuses, including a rakeback VIP Club.

    Cons

    • Not all games offered by JACKBIT, the no KYC crypto casino, are available in every region.
    • Beginners might feel slight confusion and technical challenges, especially during crypto transactions.

    How To Join JACKBIT No KYC Casino

    As mentioned in the earlier section, the registration procedures of JACKBIT, the best no KYC casino, are easy, fast, and hassle-free. As the platform is free of KYC verifications, players can enter the casino straight away without providing sensitive and personal information. The complete guide to joining JACKBIT is as follows:

    1.   Visit the official website of JACKBIT

    As the first step, you have to visit the official website of JACKBIT. Go through the terms and conditions and rules provided by the casino and ensure that they suit your needs. Once you have finalized the platform, click on the “Log In” or “Register” option located in the top right corner of the screen.

    2.   Create your account

    Once you click the Register icon, you will be asked to provide certain details, including your email address, a secure password, the country you reside in, and your preferred currency. After providing these details, agree to the terms and conditions and proceed with account creation.

    3.   Make your first deposit

    After activating your account, you must make the first deposit to continue with the games. To do this, head to the “wallet” section and select the deposit method of your choice. JACKBIT offers multiple payment options, including cryptocurrencies, Mastercard, Visa, Apple Pay, Google Pay, and more.

    4.   Enjoy your games and win big

    Once the first deposit is completed, you can navigate to the casino or sportsbook section and choose the game of your choice. Start playing and earn big wins through safe and responsible gambling.

    Best No KYC Casino: Games Offered By JACKBIT

    JACKBIT offers a wide range of casino games and a crypto sportsbook for its players. With over 7000+ casino games, JACKBIT no verification casino ensures that all its players, whether beginners or experts, gain a premium gaming experience with safety and transparency. This platform makes iGaming engaging with a diverse category of games. Some of the popular ones include:

    Casino Slots
    Casino slots are one of the most engaging and exciting categories of games available at JACKBIT. In the 6,000+ casino games offered by this platform, diverse slots will be the most popular ones. Moreover, you will find different types of slot games including Gates of Olympus, Candy Rush, Sweet Bonanza, Fat Banker, and Wanted Dead or a Wild. So, with multiple options, the no KYC casino slots at JACKBIT make your gaming experience engaging and exciting.

    Live Casino Games
    A wide variety of live casino games is a standout feature of JACKBIT, making it an engaging platform. This best no KYC casino has an excellent collection of 248 live dealer games. With card and table games, the live dealers at JACKBIT offer a gaming experience that just makes the players feel like a real casino.

    Whether it be Bitcoin Baccarat, Online roulette, or Bitcoin Blackjack, JACKBIT has everything in store for you. With a wide variety of live casino games, this best no KYC casino ensures that every player, beginner as well as experts, enjoy this platform.

    Poker
    Poker games, whether it be video poker or table poker, JACKBIT has an extensive collection of these varieties. With instant and fast blockchain-based payments, the poker games can be enjoyed without delays or distractions. Some popularly chosen poker varieties at JACKBIT, the no verification casino, include Caribbean Stud Poker, Teen Patti, Caribbean Poker, Casino Holdem, Jacks or Better, Oasis Poker, and Texas Hold’em Poker 3D.

    Exclusive Mini Games
    Along with table games, blackjack, baccarat, roulette, and more, JACKBIT also offers a wide range of mini games. Most of these mini-games are fast, funny, and engaging crash games that offer instant results. The popular mini games offered by JACKBIT include Dino, Aero, SpeedX, Chicken, and so on.

    GRAB 30% RAKEBACK + 100 FREE SPINS—NO KYC, INSTANT PAYOUT!

    JACKBIT Bonuses And Promotions
    Gambling is gaining more and more importance these days. More than just entertainment, casino gambling has become a part of the everyday life of most gamblers. So, most of them search for the best benefits for the deposits they make. One of the leading and renowned no KYC casinos of 2025, JACKBIT has a diverse store of bonuses and promotions, elevating the gaming experience and winning possibilities of every player.

    • Welcome Casino Bonus

    Bonus of 30% Rakeback + 100 Free Spins + No KYC
    No wagering 100 free spins for every player who makes a first deposit of $50 or more. This bonus can be activated within 24 hours of the first deposit using a FreeSpin promo code, “WELCOME.”

    • Other Casino Bonuses
      • Tournaments
        Exclusive tournaments like Play Big, Win Bigger, offer tempting prize pools and free spins. These tournaments ensure 1000 free spins daily and an exciting prize pool of $10,000 weekly.
    • Drops & Wins
      This is a Network Promotion by Pragmatic Play. It includes 48 and 7-day tournaments. The expected prize pool of the entire Network Promotion is €24,000,000, and the total expected prize pool of each stage of the Network Promotion is €2,000,000.
    • JACKBIT Sports Bonuses
      • NBA Playoffs
        Place a minimum bet of $10 on the NBA playoffs and earn 10% cashback of a maximum of $100.
    • Sports Welcome Bonus
      This is a 100% no-risk bonus. The minimum stake to qualify for the bonus is $20, and the maximum bonus amount is $100.
    • 3+1 FreeBet
      In this bonus, the 4th ticket will be free and offered as a gift. So, to qualify, players have to place 3 bets and will get the 4th bet for free and unlimited.
    • Other JACKBIT bonuses
      • Rakeback VIP Club
        This bonus offers various benefits for VIP club members, including faster accumulation of points, instant rakeback, diverse and special games and sports, and so on.
    • Social Media Bonuses
      Special bonuses and rewards are offered to those who join the socials of JACKBIT.

    JOIN JACKBIT TODAY FOR 30% RAKEBACK & 100 SPINS—KYC-FREE!

    Payouts And Transactions At JACKBIT No KYC Casino

    JACKBIT ensures that all the transaction needs of its players are addressed without fail. So, this platform provides a multiple-currency system. Whether you are a crypto enthusiast who chooses fast flashing transactions or someone who seeks fiat options, JACKBIT has both options tailored for you.

    As JACKBIT accepts 17 cryptocurrencies, most players choose to deposit and withdraw money through this method. Almost all the major cryptocurrencies like Bitcoin, Ethereum, XRP, Litecoin, Bitcoin Cash, Binance, Tether, Solana, Shiba, and others are accepted on this platform.

    As mentioned, JACKBIT has fiat payment options for those who do not opt for cryptocurrencies. This no KYC casino offers 24 different fiat deposit methods, including Mastercard, Apple Pay, Google Pay, Visa, Skrill, Neteller, Pix, bank transfer, and so on. However, remember, while crypto transactions offer a no KYC option, fiat payments ight need KYC verification. Moreover, fiat options cannot be used for withdrawals, as to take out the winnings, players have to choose between any cryptocurrencies.

    Self-Exclusion Tools Offered By JACKBIT
    A reputable no KYC casino, JACKBIT, values the safety of its players. So, the best no KYC casino offers multiple options that allow players to play safely and responsibly. Some of the self-exclusion methods offered by JACKBIT are:

    • Account limits: This is a method that helps players set daily, weekly, or monthly deposit limits for their accounts.
    • Time-out periods: JACKBIT allows players to take short breaks from gambling for 24 hours, 72 hours, or a couple of days to avoid addictions.
    • Self-Exclusion: If a player has more serious issues or addiction, JACKBIT helps those players exclude themselves from gambling for an extended period from 6 months to 5 years.

    Is JACKBIT A Trustworthy No KYC Casino In 2025?

    Wondering whether JACKBIT is a trustworthy platform or not? You are not alone. Although JACKBIT is a popular no KYC casino and one of the best casino platforms available in 2025, it is normal to have doubts about the reputation of the platform. Even though casinos come with certain inherent risks, JACKBIT casino without KYC, reduces them to a certain extent with its reputation, license, and fairness. In this section, let’s have a detailed look at how safe and reliable this no KYC casino is.

    License and reputation

    The first and foremost thing that ensures the reliability of JACKBIT, the best no KYC casino, is the license and certification it holds. According to official data, this casino without KYC is licensed by the Curacao Gaming Control Board. This anonymous casino is one of the most reputable and recognized organizations in the gambling landscape. So, as licensed by this organization, JACKBIT functions under a set of rules and laws recognized by it. So, we can ensure that JACKBIT is a reliable and trustworthy casino platform.

    Provably Fair Gameplay

    JACKBIT is a no KYC casino that includes over 2000+ renowned game providers. Some of the most popular ones include BGaming, AvatorUX, Apollo Play, Backseat Gaming, Booming Gaming, and more. Moreover, this anonymous casino platform follows the provably fair gameplay and works on a certified Random Number Generator (RNG) system, making things more transparent and fair.

    Transparent payment facilities

    The diverse cryptocurrency transaction facilities ensure that JACKBIT anonymous casino follows a transparent payment facility. Despite the instant deposits and withdrawals, the transaction speed and blockchain-based payment confirm that the transactions will be conducted within seconds or minutes without any unnecessary distractions.

    Players’ experience

    At JACKBIT, the experience of the players is the most valued. In order to ensure that all its players enjoy their gaming, the platform offers a minimal and easy-to-navigate interface with a clutter-free website. Moreover, JACKBIT no verification casino has a well-optimized website that works well on both desktop as well as mobile devices. Furthermore, this no KYC casino has a 24/7 live chat facility that works to address and rectify all the issues and concerns of its players.

    JACKBIT Casino Conclusion: The Best No KYC Casino In 2025

    As we reach the conclusion of this review about JACKBIT, it is clear that this no KYC casino is one of the best casinos available in 2025. This platform opens a wide array of exciting, fun, and engaging games along with noteworthy bonuses for its users. One of the best crypto sportsbooks is also available on JACKBIT.

    The total casino games, sports, and others offered by this platform exceeds 7000 in number. Among these, over 6000+ are casino games from different categories such as poker, table games, instant wins, slots, and so on. You have also come across the diverse and beneficial bonuses and promotions, ranging from welcome bonuses to tournaments and cashbacks.

    The safety and transparency maintained by JACKBIT also make it the best no KYC casino in 2025. With 17+ cryptocurrencies and other transaction methods, JACKBIT offers no KYC registration and payment facilities.

    So, the personal data collected by this platform is less compared to traditional casinos. Moreover, the games included in this casino are RNG-certified and follow provably fair gameplay. The Curacao license that JACKBIT owns also confirms that the casino is reliable and follows officially recognized laws and frameworks.

    So, altogether, JACKBIT had succeeded in proving its safety and reliability, making it one of the best and most trusted no KYC casinos of 2025. Now, the ball is in your court. It’s you, the players, who have to identify the potential benefits and bonuses of the platform and play ideally to earn significant rewards. So, responsibly and safely. Sometimes you might be a spin away from your jackpot.

    ACTIVATE YOUR 30% RAKEBACK + 100 FREE SPINS—START WINNING!

    FAQ’s About Best No KYC Casino 7Bit

    Does JACKBIT require KYC verification?

    JACKBIT allows players to engage in the diverse games offered on this platform without a KYC verification. However, the platform may ask for KYC verification while using fiat transactions.

    Is JACKBIT a legal no KYC casino?
    Yes. JACKBIT is a legal no KYC casino with a license from the Curacao Gaming Control Board. However, the legality and regulations of the casino differ depending on the region from which you access it.

    Does JACKBIT offer a mobile app?

    As JACKBIT has a well-optimized website that suits all devices, the casino does not need a separate mobile application.

    Is a VPN needed to use JACKBIT?

    A VPN is not mandatory to use JACKBIT. However, this casino is a VPN-friendly platform.

    How does JACKBIT handle players’ personal data?

    JACKBIT has advanced encryption methods and no KYC registration facilities, which help safeguard the user data easily and effectively.

    Email: support@jackbit.com

    Legal Disclaimer

    This content is for informational purposes only and not legal, financial, or gambling advice. Ensure compliance with local gambling laws. No warranties are made regarding accuracy. Readers are responsible for verifying information and ensuring legal compliance. Gambling may be restricted in some regions.

    Affiliate Disclosure

    Some links may be affiliate links, earning a commission at no cost to you. Recommendations are based on objective evaluation, and partnerships do not influence conclusions.

    Disclaimer: This press release is provided by the Jackbit. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.

    Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.

    Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/39a4bb9e-6ef6-487b-93b8-2fedae326e5e

    The MIL Network

  • MIL-OSI: authID Announces Strategic Partnership with TechDemocracy to Accelerate Passwordless Identity for Workforce & Customer Access

    Source: GlobeNewswire (MIL-OSI)

    Leading cybersecurity services firm to train its team on authID’s biometric authentication and verification platforms, aiming to accelerate the adoption of secure and privacy-preserving passwordless solutions.

    Denver, Colorado and Piscataway, New Jersey, April 29, 2025 (GLOBE NEWSWIRE) — authID, a leading provider of identity proofing and biometric authentication, today announced a partnership with TechDemocracy, a global cybersecurity services firm with over 25 years of Identity and Access Management (IAM) expertise, to expand the industry’s familiarity with authID’s platform and further the transition to frictionless, passwordless sign-ins.

    As a newly designated integration services partner, TechDemocracy will certify an initial cohort of 25 professionals on authID’s Proof, Verified, and PrivacyKey™ solutions. This cohort will be certified to consult, implement, operate, and support authID’s platform, which features one-in-one-billion false-match accuracy rates and lightning-fast verification speeds. It also provides companies with unparalleled peace of mind through its PrivacyKey technology, which ensures compliance and privacy through a groundbreaking private/public key process that stores zero biometric data.

    “Passwordless authentication is more than a trend—it’s a transformational shift,” said Viresh Garg, SVP of Cybersecurity & Emerging Technologies at TechDemocracy. “By partnering with authID, we’re helping enterprises embrace secure, frictionless access experiences through identity proofing, all while bringing the speed, structure, and advisory depth customers expect from us.”

    As part of this partnership, TechDemocracy will also be developing a library of QuickStart accelerators to embed authID’s biometric verification and continuous user authentication capabilities into digital identity journeys built on Ping Identity and Microsoft Entra. These accelerators enable rapid deployment of secure, low-friction authentication flows for both Workforce IAM and CIAM use cases.

    “We’re excited to expand our partner portfolio with authID’s leading biometric solutions that complement and work with our existing identity security partners,” added Todd Rossin, CEO & Chief Strategy Officer of TechDemocracy. “This partnership broadens and strengthens the capabilities we provide our customers and further fosters the widespread adoption of passwordless security.”

    “We are thrilled to welcome TechDemocracy as a strategic partner,” said Rhon Daguro, CEO of authID. “Their deep IAM expertise and unique focus on usability, security, and cost optimization will empower more organizations to fully unlock the value of authID’s passwordless identity—enabling faster, smarter transitions to frictionless, yet highly secure authentication experiences.”

    As part of their collaboration, authID and TechDemocracy will co-author a series of white papers, co-host webinars, and lead roadshows to help organizations navigate the shift from passwords to modern, biometric-first authentication.

    In addition, TechDemocracy is offering a series of complimentary one-day workshops led by its Field CISO team to help organizations evaluate their access management strategy, assess their current platform investments, compare passwordless options, and understand best practices for implementing biometric-based authentication at scale.

    Connect with TechDemocracy about authID’s platforms by emailing authID@techdemocracy.com.

    About authID

    authID (Nasdaq: AUID) ensures enterprises “Know Who’s Behind the Device™” for every customer or employee login and transaction through its easy-to-integrate, patented biometric identity platform. authID powers biometric identity proofing in 700ms, biometric authentication in 25ms, and account recovery with a fast, accurate, user-friendly experience. With our ground-breaking PrivacyKey Solution, authID provides a 1-to-1-billion false match rate, while storing no biometric data. authID stops fraud at onboarding, blocks deepfakes, prevents account takeover, and eliminates password risks and costs, through the fastest, most frictionless, and most accurate user identity experience demanded by today’s digital ecosystem.

    For more information, please visit authid.ai.

    About TechDemocracy

    With over two decades of cybersecurity expertise and 1600+ global engagements, TechDemocracy specializes in workforce IAM and customer identity & access management (CIAM), governance, risk and compliance (GRC), holistic cybersecurity, and managed security services. Combining cutting-edge technology, certified experts, and proven processes, the company helps organizations secure their digital infrastructure and manage risk. Contact us to elevate your cybersecurity posture with us. With a global presence in the US, India, Canada, and the Philippines, TechDemocracy fully manages identity security solutions throughout the entire identity journey. For more information, visit www.techdemocracy.com

    Media Contacts

    NextTech Communications

    Walter Fowler
    1-631-334-3864
    wfowler@nexttechcomms.com

    Investor Relations Contacts
    Investor-Relations@authid.ai

    TechDemocracy

    Rashmi Shrivastava
    marketing@techdemocracy.com

    +1 732 404 8350

    The MIL Network

  • MIL-OSI: BigCommerce and Feedonomics Announce Winners of APAC Region Customer and Partner Awards to Honor Exceptional Contributions and Results in Ecommerce

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, April 29, 2025 (GLOBE NEWSWIRE) — BigCommerce (Nasdaq: BIGC), a leading provider of open, composable commerce solutions for B2C and B2B brands, retailers, manufacturers and distributors, today announced the winners of the 2025 BigCommerce and Feedonomics Customer and Partner Awards. The awards programs recognize the most innovative and inspiring customers and partners doing big things on the BigCommerce and Feedonomics platforms.

    “We’re proud to recognise the outstanding achievements of our BigCommerce and Feedonomics customers and partners across the APAC region, who continue to drive innovation, embrace cutting-edge strategies and deliver exceptional results,” said Shannon Ingrey, vice president and general manager of APAC at BigCommerce. “Our partners’ forward-thinking approaches from modernising systems play a vital role in helping brands thrive in the digital landscape and help our brands achieve their commerce goals. Our customers’ innovation and success on our platform inspire us every day.”

    This year’s APAC awards featured 16 categories across BigCommerce customers and partners and Feedonomics partners with applicants evaluated by a panel of BigCommerce and Feedonomics employees and executives. The awards recognized one winner for each category based on their accomplishments.

    2025 BigCommerce Customer Award Winners

    Achievement in Growth: Highlighting exceptional growth and success achieved with BigCommerce.

    B2B Excellence Award: Recognizing leadership in B2B ecommerce that redefines what’s possible

    Design Award: Celebrating captivating storefront designs that inspire and engage customers.

    Shopper Experience Award: Acknowledging exceptional customer and user experiences that set new standards.

    Innovation Award: Honoring cutting-edge solutions that push the boundaries of ecommerce.

    2025 BigCommerce Agency Partner Winners

    Agency Partner of the Year: Awarded to the partner with the best overall performance across metrics and collaboration efforts in APAC as a whole between January 1, 2024 – December 31, 2024.

    Agency B2B Excellence Award: Awarded to agency partners that have a background in B2B problem solving, efficiencies and utilize B2B-centric product features and who consistently demonstrate superiority at meeting the complex needs of BigCommerce’s B2B customers.

    User Experience & Design Award: Awarded to an agency partner who creates world-class, visually appealing designs that enhance user experience, drive interactivity, and increase conversions.

    Creative Problem Solving Award: Awarded to agency partners who have created a world class, visually appealing design that enhances the user experience and leads to higher interactivity and conversion.

    Excellence in Delivery Award: Awarded to agency partners that consistently demonstrate the ability to successfully launch their clients’ BigCommerce storefronts on time and on budget, with high levels of customer satisfaction.

    2025 BigCommerce Technology Partner Winners

    Tech Partner of the Year Award: Awarded to technology partners whose integration features a superior user experience demonstrated by a high volume of installation and positive user reviews plus successful co-marketing activity over the last year.

    Innovative Integration Award: Awarded to technology partners that have built a new integration or feature that solves a critical need for BigCommerce customers.

    Customer Growth Award: Awarded to technology partners whose outstanding solution has generated the most revenue growth for BigCommerce customers, while aligning with BigCommerce initiatives.

    User Experience Award: Awarded to technology partners whose integration delivers a best-in-class user experience based on simplicity of app install and configuration process, ease of use and beautiful design.

    2025 Feedonomics Partner Winners

    Feedonomics Partner of the Year: Awarded to the Omnichannel Certified Agency that sourced the highest revenue for Feedonomics. This award highlights agencies that demonstrate exceptional results and sustained impact on merchant success.

    Emerging Partner: Celebrates a rising agency partner that has shown exceptional promise and leadership. This award honors partners making a meaningful impact with innovative strategies and measurable results.

    To join the BigCommerce and Feedonomics ecosystem of agency and technology partners, click here.

    About BigCommerce
    BigCommerce (Nasdaq: BIGC) is a leading open SaaS and composable ecommerce platform that empowers brands, retailers, manufacturers and distributors of all sizes to build, innovate and grow their businesses online. BigCommerce provides its customers sophisticated professional-grade functionality, customization and performance with simplicity and ease-of-use. Tens of thousands of B2C and B2B companies across 150 countries and numerous industries rely on BigCommerce, including Coldwater Creek, Harvey Nichols, King Arthur Baking Co., MKM Building Supplies, United Aqua Group and Uplift Desk. For more information, please visit www.bigcommerce.com or follow us on X and LinkedIn.

    About Feedonomics
    Feedonomics is a leading data management platform powering omnichannel growth for the world’s top brands and retailers. With its flexible technology and full-service support team, Feedonomics facilitates a variety of data and order management use cases across industries such as ecommerce, automotive, employment, travel, real estate, and more. Feedonomics has thousands of active customers, integrations with hundreds of ecommerce platforms and channels, and strategic partnerships with industry leaders like Amazon, Meta, Google, Microsoft and TikTok. For more information, please visit www.feedonomics.com or follow us on X, LinkedIn, Instagram and Facebook.

    BigCommerce® is a registered trademark of BigCommerce Pty. Ltd. Third-party trademarks and service marks are the property of their respective owners.

    Media Contact:
    Brad Hem
    pr@bigcommerce.com

    The MIL Network

  • MIL-OSI: Kaltura Announces “Connect on the Road 2025” Conference Schedule: Join Experts from IBM, AWS, JPMorgan Chase & Co, Bloomberg, Adobe, and more in Exploring Digital Immortality and Institutional Knowledge Activation in the Age of Agentic AI

    Source: GlobeNewswire (MIL-OSI)

    New York, April 29, 2025 (GLOBE NEWSWIRE) — Kaltura (Nasdaq: KLTR), the AI Video Experience Cloud, today announced the lineup of speakers for the company’s annual Connect on the Road conference. Coming to New York (May 13th), San Francisco (May 15th), and London (May 20th), the sessions will focus on “Digital Immortality” and how AI is reshaping the ways organizations are creating living content archives to fuel smarter decisions and continuous personalization. 

    “Every enterprise knows that knowledge, whether institutional, operational, customer-centric or otherwise, drives business growth”, said Nohar Zmora, SVP Head of Marketing at Kaltura. “Digital immortality is about more than preserving information, it’s about using AI to make knowledge accessible, actionable, and alive across the enterprise. When AI becomes a strategic layer in the video database, it shapes employee and customer experiences, accelerates learning, and enables personalization we’ve never seen before.”  

    With hundreds of executives and leaders in Marketing, Communications, and Enterprise Media expected to attend, guests will have the opportunity to hear from some of the expert voices leading AI-driven transformations within their organizations, including: 

    • Toni VanWinkle, Vice President Digital Employee Experience, Adobe 
    • Phil Le-brun, Director, Enterprise Strategy, AWS 
    • Bill Macaitis, Advisor, former CMO, Slack & Zendesk 
    • Judy Lee, Senior Director, Global Brand Experiences, Pinterest 
    • Bruce Ableson, Senior Director of Global Readiness and Enablement, Adobe  
    • Viral Sanghvi, Senior Manager, Global Sales & Communications Platforms, Vanguard 
    • Davood Shamsi, Director of AI/ML, JPMorgan Chase & Co.  
    • RJ Crowder-Schaefer, Global Head of Event Product & Technology, Bloomberg  
    • Jennifer Sacks Tobener, VP, Digital & Marketing Technology, Salesforce 
    • Rodrigo Davies, AI Product Leader, Figma 
    • Amy Tennison, VP of TechXchange, IBM 
    • Unmesh Suryawanshi, Head of Streaming and Security, Visa 
    • Chris Hamilton, Senior Global Communications Director, AstraZeneca Pharmaceuticals 
    • Santiago Casto, Global Head of Automation and AI, MUFG 

    Among the topics that will be explored are: 
    1) Agentic AI that can think and execute decisions is turning corporate knowledge into a proactive, hyper-personalized, intelligent system.  
    2) Transforming content into “Living archives” with content that self-updates, contextualizes insights, and delivers hyper-relevant knowledge based on a user’s real-time needs.  
    3) Creating enduring, engaging institutional memory sources that don’t disappear with employee turnover but scale across teams, leveraging proven messaging and strategies.  
    4) Ensuring brand continuity with consistent messaging across customer and user interactions to enhance engagement.  
    5) Tackling AI ethics & ownership questions, such as who controls knowledge? How can organizations shape, govern, and direct AI-driven decision-making?  

    Attendees will also get front-row, hands-on demos of several of Kaltura’s next-generation AI platform’s new capabilities, including the Customer Experience Genie and Work Genie AI agents. These agents redefine and hyper-personalize customer engagement, employee onboarding and training by transforming search within a video library into interactive, conversational journeys tailored to each user. The Kaltura Content Lab, also available for demo, enables creators to quickly transform long-form video content into engaging, bite-sized experiences. With a single click, Content Lab generates clips, video quizzes, summaries, and chapters from videos and audio, saving time, reducing costs, and maximizing content value. These products mark a shift from passive video consumption into active, personalized experiences, reflecting Kaltura’s differentiated approach to AI – rooted in a proprietary cloud-based database, built for secure enterprise environments, and designed to transform passive content into actionable business value.  

    Kaltura will also be hosting its Education Connect on the Road track in both Europe and the US, kicking off in Utrecht, Netherlands, on May 12th. The events will bring together leaders in higher education to share insights on how they are using AI and additional new technologies to improve education, increase engagement, and more. See more locations and details here

    Reserve your spot at a location that works for you here

    About Kaltura 
    Kaltura’s mission is to create and power AI-infused hyper-personalized video experiences that boost customer and employee engagement and success. Kaltura’s AI Video Experience Cloud includes a platform for enterprise and TV content management and a wide array of Gen AI-infused video-first products, including Video Portals, LMS and CMS Video Extensions, Virtual Events and Webinars, Virtual Classrooms, and TV Streaming Applications. Kaltura engages millions of end-users at home, at work, and at school, boosting both customer and employee experiences, including marketing, sales, and customer success; teaching, learning, training and certification; communication and collaboration; and entertainment, and monetization. For more information, visit www.corp.kaltura.com

    The MIL Network

  • MIL-OSI: As European carmakers navigate the autonomous car race, Lighty’s new AI edge software offers them a lifeline amid rising tariffs

    Source: GlobeNewswire (MIL-OSI)

    Zurich, April 29, 2025 (GLOBE NEWSWIRE) — As European automakers face increasing tariffs and mounting pressure from American and Asian competitors in the autonomous driving race, leading Swiss AI startup Lightly today launches LightlyEdge – a groundbreaking edge-based data collection solution that could help level the playing field. At a time when Bosch is cutting 12,000 jobs and Mercedes is offering up to €500,000 for voluntary exits, clearly being effective and efficient matters for automotive companies. Lightly’s innovation tackles a critical bottleneck in AI development: capturing only the data that truly matters, directly at the source. This offers a strategic advantage at a time when workforce reductions threaten to slow in-house development and widen the gap with faster-moving rivals.

    As companies around the world race to develop safer autonomous vehicles, the fundamental challenge remains the same: they are drowning in data and the resulting costs. While collecting large volumes of data is essential, the difficulty lies in identifying what’s truly relevant. As AI models grow more sophisticated, so does the redundancy in the data feeding them. LightlyEdge solves this problem by making intelligent decisions about what data to keep at the moment of capture, before it enters the storage and processing pipeline.

    The LightlyEdge data collection report. 

    LightlyEdge deploys intelligent models directly onto vehicles’ cameras and sensors. The system revolutionizes data collection by analyzing video footage in real-time as it’s being captured, automatically identifying rare and valuable scenarios – like a child at a crossroad or an accident in snowy conditions – while ignoring redundant data that adds no value to training datasets. This approach dramatically slashes unnecessary storage and bandwidth costs while ensuring training datasets become more comprehensive, diverse, and optimized for real-world driving conditions.

    “This launch is a fantastic opportunity to increase development cycles for autonomous driving and driving assistance,” said Matthias Heller, Co-Founder of Lightly. “With LightlyEdge, our partners can harness smarter, real-time data collection that not only accelerates AI model training but also provides a competitive edge against established industry giants. By focusing on quality data from uncommon scenarios and hazards, we’re empowering a new era of innovation that will drive the future of mobility.”

    Lightly founders Matthias Heller and Igor Susmelj.

    The timing of LightlyEdge’s release is particularly significant. European automotive manufacturers are working to maintain their position against competitors like Tesla, whose innovative “Active Learning” approach – feeding only the most valuable data into AI models – has become a benchmark for the industry. While European companies have a rich history of engineering excellence, they now have an opportunity to leverage artificial intelligence’s potential to overhaul their operations.

    LightlyEdge captures data from cameras. 

    Building on what Lightly already achieved with LightlyOne in data centers, this new product shifts the intelligence right to where it’s needed – the edge devices in vehicles themselves. LightlyEdge gives developers real-time feedback and smart capture capabilities directly on the road. With its easy-to-use interface, teams can quickly deploy their AI models, keep an eye on them, and make them better over time – all of which dramatically speeds up how fast they can bring innovations to life.

    That speed is becoming essential. As European carmakers are feeling the squeeze from global competitors and tough trade barriers.LightlyEdge offers them a way to innovate faster while keeping costs down. By being smarter about what data they collect, these manufacturers can build better autonomous driving systems in less time and with fewer resources. This might be exactly what they need to win the autonomous car race.

    Ends

    Media images are here 

    About Lightly
    Lightly was founded in Zurich, Switzerland by Matthias Heller and Igor Susmelj, former ETH and Harvard students who worked in autonomous driving and research on computer vision and deep learning. 

    Lightly helps companies to build better machine learning models faster through better data. Data to train machine learning models is currently the biggest bottleneck in AI development. Today, Lightly is used by Fortune 500 companies and startups in autonomous driving, robotics, and video analytics. For more information, please visit https://www.lightly.ai/ or follow the company on Twitter, LinkedIn or Facebook

    The MIL Network

  • MIL-OSI: Employ’s Latest Report on Job Seeker Insights Helps Recruiters Fine-Tune Processes, Personalize Outreach and Stay Ahead of Hiring Trends

    Source: GlobeNewswire (MIL-OSI)

    DENVER, April 29, 2025 (GLOBE NEWSWIRE) — Employ Inc., the market-leading intelligent hiring suite, announces today the release of the 2025 Job Seeker Nation report, providing a data-driven look into how job seekers perceive the market, candidates’ perspectives on AI, what makes employees leave or stay, what workers value in a role, how to win over candidates in a job search, and workers’ opinions on compensation.

    The annual report, this year titled “Job Market Truths—What’s Driving Candidates in 2025,” gathered responses from 1,500+ US adults, capturing a diverse range of individuals who are currently employed full-time, part-time, or actively seeking work. Findings reflect both year-over-year comparisons to 2024 data and insights from new questions introduced in 2025, particularly around AI usage, trust in the hiring process, and candidate communication preferences.

    “The hiring landscape remains volatile, and today’s talent environment demands more agility and insight than ever before,” said Stephanie Manzelli, Chief Human Resources Officer, Employ. “We’ve seen recruiting teams navigate everything from mass layoffs to widespread burnout—and it’s clearer than ever that understanding what candidates expect and value is essential to building resilient, high-performing teams. The 2025 Job Seeker Nation report offers critical intelligence into candidate sentiment—ranging from job satisfaction and openness to new roles, to communication preferences and flexibility needs—equipping hiring teams with the data they need to engage smarter, act faster, and deliver stronger outcomes.”

    This year’s report reveals critical insights into what candidates value most—insights that today’s recruiters can use to gain a competitive edge. With 66 percent of job seekers reporting burnout, there’s a clear opportunity for hiring teams to stand out by creating a more thoughtful, human-centered candidate experience. In a market shaped by layoffs, economic uncertainty, and evolving expectations, one truth remains: putting people first is not just a best practice—it’s a strategic advantage.

    “The skills market can feel a lot like matchmaking—every hiring manager is looking for something different,” said Tim Sackett, Talent Acquisition & HR Analyst, HRU Technical Resources. “As a recruiter, the challenge isn’t reshaping candidates to fit shifting expectations but recognizing and championing the strengths that make them stand out. Focus on what candidates are genuinely great at and passionate about. When you align talent with opportunity—not just requirements—you’ll find better fits and better outcomes.”

    Additional findings from the report:

    How Job Seekers Perceive Today’s Market

    • Fewer respondents now say it’s easy to find a new job (44 percent, down from 50 percent), and confidence in landing a role within three months has also dipped (56 percent, down from 61 percent).
    • While 56 percent believe the current job market favors candidates, 82 percent are worried about a “white-collar recession.”
    • Eighty-one percent of respondents believe it’s important to get trained in new technologies like AI in order to secure a job this year, and 89 percent of respondents agree that being able to address skills gaps for employers can improve their odds of moving into a new role this year

    Candidate Perspectives on AI

    • About one-third of respondents (31 percent) say they’re using AI to support their job search—an increase of 7 percentage points from last year.
    • AI usage is notably higher among candidates in desk-based or white-collar roles, especially those in software/technology/IT (50 percent) and finance/insurance/accounting (47 percent).
    • Most respondents (58 percent)​ trust HR pros more than AI to guide them through the hiring journey, and​ 61 percent see potential for AI to help reduce bias during that process.

    Motivations for Leaving a Job (or Staying)

    • Eighty-two percent of respondents said they were either very or somewhat satisfied with their current job, yet 85 percent were open to other opportunities.
    • Nearly half (42 percent) reported they were actively looking for a new job.
    • Other than higher compensation, the top two responses for why respondents are actively looking for a new job included career advancement (53 percent) and more work flexibility or remote opportunities (46 percent), with better company leadership (33 percent) and better company culture (32 percent) also resonating.

    What Candidates Value in a Role Today

    • Twenty percent would decline a job if it required full-time, on-site work, and 63 percent say remote work is at least somewhat important when considering whether to accept or decline an offer.
    • Among candidates who had declined a job offer in the last 12 months—nearly 40 percent cited limited career advancement or poor location/geography as the reason.
    • Thirty-six percent of respondents reported having left a job in the first 90 days due to a “mismatch in hiring process,” or a disconnect between what they were told while interviewing and the reality of the role once they were on the job.

    Winning Candidates Over During the Job Search

    • Nearly three-quarters (71 percent) of respondents expect the application process to take less than 30 minutes, and 35 percent said they would abandon an application if it took too long.
    • Among candidates who interacted with a chatbot during recruitment, 66 percent said it either somewhat or significantly improved their experience.
    • When asked what has the greatest impact on a candidate’s impression of a company during the interview process, the top response by far was an easy application process, selected by 43 percent of respondents.

    How Candidates Feel about Compensation (Is it Fair?)

    • Eighty percent of respondents said the salary offer for their current or most recent role met or exceeded their expectations.
    • Meanwhile, 48 percent of respondents noticed increased salaries for job postings similar to their current role.
    • Thirty-seven percent of respondents said they had negotiated their salary—up from 29 percent in 2017 and in almost 80 percent of negotiations, candidates report winning higher pay, and two-thirds of those received increases between 5 and 10 percent.

    Candidate Perspectives on AI

    • About one-third of respondents (31 percent) say they’re using AI to support their job search—an increase of 7 percentage points from last year.
    • AI usage is notably higher among candidates in desk-based or white-collar roles, especially those in software/technology/IT (50 percent) and finance/insurance/accounting (47 percent).
    • Most respondents (58 percent)​ trust HR pros more than AI to guide them through the hiring journey, and​ 61 percent see potential for AI to help reduce bias during that process.

    For more insights into evolving workforce expectations, download the full 2025 Job Seeker Nation Report and register for Employ’s upcoming webinar on May 13, 2025, at 2 p.m. ET. Moderated by Stephanie Manzelli, Chief Human Resources Officer at Employ, the session will feature expert perspectives from Madeline Laurano (Aptitude Research), Allie Wehling (Cisco), and Neil Lenane (Progressive).

    About Employ Inc:
    Employ delivers people-first recruiting solutions that empower companies to overcome their greatest hiring challenges. From startups to Fortune 100 organizations, Employ meets companies where they are—offering tailored solutions that support everything from foundational hiring to advanced talent acquisition strategies. Employ is the only organization to offer companies choice in their hiring technology, providing three unique ATS solutions (JazzHR, Lever, and Jobvite) and AI companions. Our intelligent hiring suite is trusted by more than 23,000 customers across multiple industries. For more information, visit www.employinc.com.

    Employ Media Contact:
    Kalyn Stebbins
    Kalyn.stebbins@employinc.com
    317-440-8425

    The MIL Network

  • MIL-OSI: Atsign and S-IMSY Partner to Deliver Cost-Effective IoT Solutions with Security Through Invisibility

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, Calif., April 29, 2025 (GLOBE NEWSWIRE) — Atsign, a pioneer in security through invisibility solutions, and S-IMSY, a leading provider of innovative SIM-based connectivity solutions, today announced a strategic partnership to deliver a comprehensive, secure, and cost-effective solution for remote IoT device management. This collaboration addresses the growing need for robust security in IoT deployments, particularly in industrial and enterprise settings where traditional networking solutions often fall short.

    The partnership combines Atsign’s NoPorts technology, which eliminates the need for open ports and traditional VPNs, with S-IMSY’s secure SIM and eSIM connectivity. This integrated solution enables people to remotely access and manage their IoT devices over S-IMSY’s private network, ensuring unparalleled security and minimizing the risk of cyberattacks.

    “We are thrilled to partner with S-IMSY to offer a solution that tackles the critical challenge of secure remote access in IoT deployments,” said Barbara Tallent, CEO at Atsign. “By combining our NoPorts technology with S-IMSY’s robust connectivity, we are empowering businesses to securely manage their remote devices without the complexities and vulnerabilities associated with traditional networking.”

    S-IMSY provides private cellular connectivity, ensuring that data is transmitted over a secure, isolated network. By integrating NoPorts, customers can now remotely access and manage their devices with complete confidence, knowing that their data is protected from unauthorized access.

    “Our partnership with Atsign allows us to provide a truly unique and powerful solution for our customers,” said Alex Taylor, CEO at S-IMSY. “The ability to deploy and manage NoPorts over our secure cellular network simplifies remote device management and significantly enhances the security posture of IoT deployments. This is especially important for customers who need to access devices that cannot be placed on corporate networks.”

    Key Benefits of the Integrated Solution

    • Enhanced Security – Removes the need for open ports and VPNs significantly reducing the attack surface by making the network invisible to potential threats.
    • Cost-Effectiveness – Enables the use of low-cost routers and hardware, reducing overall deployment costs.
    • Simplified Deployment – Allows for remote installation and configuration of NoPorts over the air via S-IMSY SIM cards.
    • Secure Remote Access – Provides secure, private access to IoT devices, even in remote locations.
    • Out-of-Band Management – Supports secure device management even when primary networks are unavailable.
    • Scalability – Supports large-scale IoT deployments and provides secure, reliable, connectivity.

    This solution is ideal for a wide range of applications, including industrial automation, utilities, remote monitoring, and any scenario where secure, remote device management is critical.

    About Atsign

    At Atsign, we believe that people, entities, and things—including AI—should connect securely and directly, while always being invisible to bad actors. By eliminating the need for open ports and centralized servers, the atPlatform empowers developers and organizations to build applications with “invisible” security built in, placing data and device control back into the hands of their owners. Atsign is the creator of the atPlatform, the most robust infrastructure available for “invisible networking” and secure, private, peer-to-peer connectivity. Learn more at Atsign.com.

    About S-IMSY

    S-IMSY specializes in providing secure, flexible, and cost-effective SIM and eSIM connectivity solutions for IoT and enterprise applications. Our private network provides our customers with advanced control, visibility and management of their device estate, simplifying the deployment of IoT and edge services globally through a single interface.

    Contact:

    Scott Hetherington
    Scott@Atsign.com
    844-827-0985

    The MIL Network

  • MIL-OSI: MoneyHero Group Reports Fourth Quarter and Full Year 2024 Results

    Source: GlobeNewswire (MIL-OSI)

    • Q4 net loss narrowed sharply to US$(18.8) million
    • Q4 Adjusted EBITDA loss improved to US$(2.9) million

    SINGAPORE, April 29, 2025 (GLOBE NEWSWIRE) — MoneyHero Limited (Nasdaq: MNY) (“MoneyHero” or the “Company”), a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia, today announced its financial results for the fourth quarter and full year ended December 31, 2024.

    Management Commentary:

    Rohith Murthy, Chief Executive Officer, stated:

    “We closed out 2024 with a robust quarter of financial and operational results, making clear progress on our path towards profitability as we continue to focus on diversifying our revenue mix toward high-margin products, lowering operating expenses, and improving operational efficiency. Net loss narrowed sharply to US$(18.8) million from US$(94.3) million during the same period last year, and Adjusted EBITDA loss during the quarter improved substantially to US$(2.9) million – our best quarterly performance since going public. With registered members and approved applications increasing 42% and 21% year-over-year in 2024, we are confident in our ability to build upon this momentum and regain topline growth momentum with US$100 million in revenue and generate positive adjusted EBITDA on a quarterly basis in the second half of 2025.

    In Q2 2024, we outlined five strategic pillars—Consumer Pull, Conversion Expertise, Operating Leverage, Strong Provider Partnerships, and Insurance Brokerage—and we’ve made meaningful progress across all of these. We launched seamless, end-to-end purchasing journeys in Travel and Car Insurance, substantially streamlined our operating model to create a leaner, lower-cost base, deepened banking partnerships following a major provider’s exit from key markets and significantly accelerated our insurance growth through targeted strategic collaborations.

    These results directly reflect the impact our ‘efficiency’ strategy is having on building a more focused, resilient, and profitable business. We remain the largest credit card digital acquisition partner for the majority of banks across our geographies and are leveraging this strong market position to strategically broaden our focus toward high-margin verticals to improve revenue quality. Insurance revenue grew 40% in 2024 and now accounts for 10% of total revenue while wealth products revenue grew 138%, driven by strong demand for stock and bank account products. These verticals strengthen our margin profile while generating consistent and recurring revenue streams, both of which are key pillars of long-term sustainability. We also laid the foundation for scalable growth by materially lowering operating expenses and improving unit economics with an optimized cost structure across all markets, streamlined operations, and reduced paid marketing and rewards spend.

    Looking ahead to 2025, we will maintain our focus on scaling high-margin verticals, particularly insurance, while continuing to tighten cost controls and simplifying workflows. Our product and tech strategy continues to follow a ‘buy-over-build’ philosophy, enabling faster innovation through strategic partnerships, including new initiatives in AI and automation that are already underway.

    Our commitment to becoming an AI-first organization is already translating into several impactful initiatives across the business. We are actively working on deploying AI-powered customer service tools designed to significantly reduce inquiry volumes and achieve higher first-contact resolution rates. Additionally, we are piloting generative AI solutions to accelerate and scale content production efficiently. Throughout the organization, we are exploring opportunities to automate workflows using advanced AI tools and agentic AI to boost productivity, reduce operational overhead, and enable our teams to focus more strategically.

    With a debt-free balance sheet, US$42.5 million in cash and cash equivalents, and a more efficient and scalable business model, we are well-equipped to capture a greater share of a large and growing addressable market and deliver sustainable, long-term value to shareholders.”

    Danny Leung, interim Chief Financial Officer, added:

    “Our strong results in the fourth quarter demonstrate the effectiveness of our strategy as we continue to make significant strides in the diversification of our revenue mix, expand partnerships with other key providers, and broaden our product offerings. We believe these adjustments position us well for sustained growth, and as providers scale their operations in different regions, we see opportunities to further strengthen our revenue base and deepen our market presence with them.

    This quarter, we remained focused on executing our growth strategy and commenced our comprehensive reorganization and restructuring exercise to streamline operations and reduce costs. Our investments this quarter were squarely focused on customer acquisition, technology re-platforming, and data infrastructure, to build a solid foundation for future growth and profitability. These strategic investments were balanced by initiatives to streamline other aspects of our operations designed to enhance efficiency and drive returns.

    Looking ahead, we expect adjusted EBITDA to consistently improve, building on the significant progress we made during the fourth quarter. With margins steadily improving, we are well-positioned to drive growth momentum heading into 2025, strengthening our confidence to generate positive Adjusted EBITDA on a quarterly basis in the second half of 2025. Our comprehensive review of our organizational structure, completed alongside a successful reorganization this year, has strengthened our operational foundation and set the stage for continued sustainable growth.”

    Fourth Quarter 2024 Financial Highlights

    • Revenue decreased by 40% year-over-year to US$15.7 million in the fourth quarter of 2024, driven primarily by a shift in focus toward diversifying revenue mix toward high-margin products such as insurance and wealth products, and the high base effect set during the same period last year with increased investment in marketing and customer acquisition to expand market share.
      • Revenue from insurance products increased by 10% year-over-year to US$2.1 million in the fourth quarter of 2024, accounting for 14% of total revenue, compared to 7% during the same period last year.
      • Revenue from wealth products increased by 195% year-over-year to US$2.4 million in the fourth quarter of 2024, accounting for 15% of total revenue, compared to 3% during the same period last year.
    • Cost of revenue decreased by 62% year-over-year to US$6.6 million, with advertising and marketing expenses decreasing by 23% year-over-year in the fourth quarter of 2024, as the Company focused on scaling higher margin verticals and optimizing rewards costs associated with the credit cards vertical and paid marketing spend across all markets.
    • Total operating costs and expenses, excluding net foreign exchange differences, decreased to US$25.2 million in the fourth quarter of 2024 from US$45.6 million during the same period last year. Operating costs and expenses in the fourth quarter of 2023 included significant transaction costs associated with the listing as well as certain write-offs of intangible assets which are further detailed in the adjusted EBITDA reconciliation below.
    • Foreign exchange loss of US$8.9 million in the fourth quarter of 2024 was driven by the weakening of local currencies against the US dollar from end September 2024 to end December 2024.
    • Net loss for the period narrowed sharply to US$(18.8) million during the fourth quarter of 2024, compared to US$(94.3) million in the same period last year, primarily due to non-operating expenses including share-based payments to effect the merger with Bridgetown Holdings and finance costs.
    • Adjusted EBITDA loss improved to US$(2.9) million in the fourth quarter of 2024 from US$(4.6) million in the prior year period.

    Full Year 2024 Financial Highlights

    • Revenue decreased by 1% year-over-year to US$79.5 million for the full year 2024, driven primarily by a shift in focus toward profitability by diversifying revenue mix toward high-margin products starting in the second half of 2024.
      • Revenue from insurance products increased by 40% year-over-year to US$8.2 million for the year 2024, accounting for 10% of total revenue, compared to 7% in the prior year.
      • Revenue from wealth products increased by 138% year-over-year to US$8.5 million for the year 2024, fueled by growth of stock account and bank account verticals.
    • Total operating costs and expenses, excluding net foreign exchange differences, increased by 3% year-over-year to US$114.9 million for the year 2024, primarily due to higher advertising and marketing expenses.
    • Net loss for the full year 2024 narrowed sharply to US$(37.8) million from US$(172.6) million in the prior year. Net loss for the full year 2023 includes US$143.4 million in non-operating expenses associated with share-based payments to effect the merger with Bridgetown Holdings, finance costs and changes in fair value of financial instruments.
    • Adjusted EBITDA loss was US$(23.7) million for the full year 2024, compared to US$(6.8) million in the prior year, largely attributable to strategic investments in marketing and customer acquisition during the first half of the year as well as increased operating costs associated with being a public company.
    • As of December 31, 2024, the Company had a debt-free balance sheet with US$42.5 million in cash and cash equivalents.

    Fourth Quarter and Full Year 2024 Operational Highlights

    • Monthly Unique Users for the three months ended December 31, 2024 of 6.2 million
    • MoneyHero Group Members, to whom the Company provides more tailored product information and recommendations, grew by 42% year-over-year to 7.5 million as of December 31, 2024
    • Approved Application volumes increased by 21% year-over-year in 2024 to 767,000, driven by strong growth in the Company’s insurance products

    Capital Structure

    The table below summarizes the capital structure of the Company as of December 31, 2024:

    Share Class Issued and Outstanding
    Class A Ordinary 28,653,4671
    Class B Ordinary 13,254,838
    Preference Shares 2,407,575
    Total Issued Shares 44,315,880
    Employee Equity Options 690,0552
    Issued Class A Ordinary Shares Underlying Employee Equity Options (690,055)3
    Total Issued and Issuable Shares4 44,315,880

    ______________________________
    1 Includes 690,055 shares issued to Computershare Hong Kong Investor Services Limited (“Computershare”) which are held in trust pending exercise of share options and settlement by Computershare to the underlying exercising option holder.
    2 Includes granted but unexercised options as well as exercised options, pursuant to which the shares have not yet been issued as of December 31, 2024.
    3 Issued in advance to Computershare and held in trust pending exercise of share options and settlement by Computershare to the underlying exercising option holder.
    4 Public Warrants, Sponsor Warrants, Class A-1 Warrants, Class A-2 Warrants and Class A-3 Warrants are excluded since they are out of the money.

    Summary of financial / KPI performance

      For the Three Months Ended December 31,   For the Full Year Ended December 31,
      2024   2023     2024   2023  
      (US$ in thousands, unless otherwise noted)
    Revenue 15,723   26,397     79,511   80,671  
    Adjusted EBITDA (2,922 ) (4,613 )   (23,666 ) (6,763 )
               
    Clicks (in thousands)5 2,222   N/A     N/A   N/A  
    Applications (in thousands)6 363   504     1,779   1,713  
    Approved Applications (in thousands)6 172   204     767   636  

    ______________________________
    5 As of July 1, 2024, we transitioned from Universal Analytics to Google Analytics 4. Consequently, we are unable to provide comparable click data for this period following the transition. Please refer to the section titled “Key Performance Metrics and Non-IFRS Financial Measures” for more information regarding the change in methodology.
    6 Due to the nature of our business, there is often a delay in receiving confirmation of the number of Applications and Approved Applications by our commercial partners. As a result, the disclosed figures may utilize estimations if data is unavailable.

    Revenue breakdown

      For the Three Months Ended
    December 31,
      For the Year Ended December 31,
      2024   2023       2024   2023  
      US$ % US$ %   US$ % US$ %
      (US$ in thousands, except for percentages)
    By Geographical Market:                  
    Singapore 5,060 32.2 12,111   45.9     30,890 38.9 32,070 39.8
    Hong Kong 7,386 47.0 8,390   31.8     30,443 38.3 26,947 33.4
    Taiwan 1,296 8.2 1,967   7.5     5,137 6.5 6,743 8.4
    Philippines 1,977 12.6 3,887   14.7     12,844 16.2 14,169 17.6
    Malaysia 5 0.0 43   0.2     197 0.2 738 0.9
    Other Asia 0 0.0 (0 ) (0.0 )   0 0.0 4 0.0
                       
    Total Revenue 15,723 100.0 26,397   100.0     79,511 100.0 80,671 100.0
                       
    By Source:                  
    Online financial comparison platforms 13,594 86.5 21,831   82.7     66,815 84.0 66,926 83.0
    Creatory 2,129 13.5 4,566   17.3     12,696 16.0 13,746 17.0
                       
    Total Revenue 15,723 100.0 26,397   100.0     79,511 100.0 80,671 100.0
                       
    By Vertical:                  
    Credit cards 7,559 48.1 19,976   75.7     48,958 61.6 60,258 74.7
    Personal loans and mortgages 3,373 21.5 3,487   13.2     12,185 15.3 10,166 12.6
    Wealth 2,397 15.2 813   3.1     8,504 10.7 3,580 4.4
    Insurance 2,125 13.5 1,928   7.3     8,181 10.3 5,853 7.3
    Other verticals 269 1.7 193   0.7     1,683 2.1 814 1.0
                       
    Total Revenue 15,723 100.0 26,397   100.0     79,511 100.0 80,671 100.0


    Key Metrics

      For the Three Months Ended
    December 31, 2024
     
      (in millions, except for percentages)
    Monthly Unique Users7,8      
    Singapore 1.4 23.1 %  
    Hong Kong 1.1 17.2 %  
    Taiwan 1.7 28.2 %  
    Philippines 1.9 31.5 %  
    Total 6.2 100.0 %  
           
    Total Traffic7,8      
    Singapore 3.1 16.6 %  
    Hong Kong 3.5 19.0 %  
    Taiwan 5.7 30.7 %  
    Philippines 6.3 33.7 %  
    Total 18.6 100.0 %  
     
       
             
       
             
                 
                 
                 
                 
                 
                 
      As of December 31,
       
             
       
             
                 
                 
                 
                 
                 
                 
      2024   2023  
       
             
       
             
                 
                 
                 
                 
                 
                 
      (in millions, except for percentages)
       
             
       
             
                 
                 
                 
                 
                 
                 
    MoneyHero Group Members8        
       
             
       
             
                 
                 
                 
                 
                 
                 
    Singapore 1.3 17.7 % 1.2 22.1 %
       
             
       
             
                 
                 
                 
                 
                 
                 
    Hong Kong 0.9 11.5 % 0.7 13.0 %
       
             
       
             
                 
                 
                 
                 
                 
                 
    Taiwan 0.4 4.8 % 0.3 4.8 %
       
             
       
             
                 
                 
                 
                 
                 
                 
    Philippines 5.0 66.1 % 2.9 55.3 %
       
             
       
             
                 
                 
                 
                 
                 
                 
    Malaysia 0.0 0.0 % 0.3 4.8 %
       
             
       
             
                 
                 
                 
                 
                 
                 
    Total 7.5 100.0 % 5.3 100.0 %

    _____________________________
    7 As of July 1, 2024, we transitioned from Universal Analytics to Google Analytics 4. Consequently, we are unable to provide comparable monthly unique users and total traffic for this period following the transition. Please refer to the section titled “Key Performance Metrics and Non-IFRS Financial Measures” for more information regarding the change in methodology.
    8 Malaysia’s ‘CompareHero’ brand was acquired by Jirnexu Sdn. Bhd in July 2024.

    Conference Call Details

    The Company will host a conference call and webcast on Tuesday, April 29, 2025, at 8:00 a.m. Eastern Standard Time / 8:00 p.m. Singapore Standard Time to discuss the Company’s financial results. The MoneyHero Limited (NASDAQ: MNY) Q4 and FY 2024 Earnings call can be accessed by registering at:

    Webcast: https://edge.media-server.com/mmc/p/g36exn6g/
    Conference call: https://register-conf.media-server.com/register/BI63a8f286c9b74092aff58fc8eb219749

    The webcast replay will be available on the Investor Relations website for 12 months following the event.

    About MoneyHero Group
    MoneyHero Limited (NASDAQ: MNY) is a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia. The Company operates in Singapore, Hong Kong, Taiwan and the Philippines. Its brand portfolio includes B2C platforms MoneyHero, SingSaver, Money101, Moneymax and Seedly, as well as the B2B platform Creatory. The Company also retains an equity stake in Malaysian fintech company, Jirnexu Pte. Ltd., parent company of Jirnexu Sdn. Bhd., the operator of RinggitPlus, Malaysia’s largest operating B2C platform. MoneyHero had over 290 commercial partner relationships as at December 31, 2024, and had approximately 6.2 million Monthly Unique Users across its platform for the three months ended December 31, 2024. The Company’s backers include Peter Thiel—co-founder of PayPal, Palantir Technologies, and the Founders Fund—and Hong Kong businessman, Richard Li, the founder and chairman of Pacific Century Group. To learn more about MoneyHero and how the innovative fintech company is driving APAC’s digital economy, please visit www.MoneyHeroGroup.com.

    Key Performance Metrics and Non-IFRS Financial Measures

    Historically, we utilized data from Universal Analytics (“UA”), Google’s analytics platform, to measure three key business metrics: monthly unique users, traffic, and clicks. Effective July 1, 2024, Google Analytics 4 (“GA4”) replaced UA. The methodologies used in GA4 are different and not comparable to the methodologies used in UA. While Google has provided some guidance on these differences, Google has not made available sufficient information for us to assess the impact (whether positive or negative) of this transition on our key business metrics, nor can we quantify the extent of such impact. Furthermore, due to the adoption of GA4, we have adjusted our definitions of these key business metrics to enhance accuracy and align them more closely with previous definitions under UA. Therefore, we are unable to provide comparable data for monthly unique user, traffic, and clicks for any periods prior to July 1, 2024.

    “Monthly Unique User” means as a unique user with at least one session in a given month as determined by a unique device identifier from GA4. A session begins when a user opens an app in the foreground or views a page or screen while no other session is currently active (e.g., the prior session has ended). A session concludes after 30 minutes of user inactivity. To measure Monthly Unique Users over a period longer than one month, we calculate the average of the Monthly Unique Users for each month within that period. If an individual accesses a website or app from different devices within a given month, each device is counted as a separate unique user. However, if an individual logs in and accesses a website or app using the same login across different devices, they will only be counted as one unique user.

    “Traffic” means the total number of unique sessions in GA4. A unique session is a group of user interactions recorded when a user accesses a website or app within a 30-minute window. The current session concludes when there is 30 minutes of inactivity or users have a change in traffic source.

    “MoneyHero Group Members” means (i) users who have login IDs with us in Singapore, Hong Kong and Taiwan, (ii) users who subscribe to our email distributions in Singapore, Hong Kong, Taiwan, the Philippines and Malaysia, and (iii) users who are registered in our rewards database in Singapore and Hong Kong. Any duplications across the three sources above are deduplicated.

    “Clicks” means the sum of unique clicks by product item on a tagged “Apply Now” button on our website, including product result pages and blogs. We track Clicks to understand how our users engage with our platforms prior to application submission or purchase, which enables us to further optimize conversion rates.

    “Applications” means the total number of product applications submitted by users and confirmed by our commercial partners.

    “Approved Applications” means the number of applications that have been approved and confirmed by our commercial partners.

    In addition to MoneyHero Group’s results determined in accordance with IFRS, MoneyHero Group believes that the key performance metrics above and the non-IFRS measures below are useful in evaluating its operating performance. MoneyHero Group uses these measures, collectively, to evaluate ongoing operations and for internal planning and forecasting purposes. MoneyHero Group believes that non-IFRS information, when taken collectively, may be helpful to investors because it provides consistency and comparability with past financial performance and may assist in comparisons with other companies to the extent that such other companies use similar non-IFRS measures to supplement their IFRS results. These non-IFRS measures are presented for supplemental informational purposes only and should not be considered a substitute for financial information presented in accordance with IFRS and may be different from similarly titled non-IFRS measures used by other companies. Accordingly, non-IFRS measures have limitations as analytical tools, and should not be considered in isolation or as substitutes for analysis of other IFRS financial measures, such as profit/(loss) for the year/period and profit/(loss) before income tax.

    Adjusted EBITDA is a non-IFRS financial measure defined as loss for the year plus depreciation and amortization, interest income, finance costs, income tax expenses/(credit), impairments of non-financial assets, equity-settled share-based payment expenses, other long-term employee benefits expense/(credit), non-recurring costs related to strategic exercises, gain on disposal of Malaysian operations, transaction expenses, changes in the fair value of financial instruments, non-recurring legal fees, gain on derecognition of convertible loan and bridge loan and unrealized foreign exchange differences. Adjusted EBITDA Margin is defined as Adjusted EBITDA as a percentage of revenue.

    A reconciliation is provided for each non-IFRS measure to the most directly comparable financial measure stated in accordance with IFRS. Investors are encouraged to review the related IFRS financial measures and the reconciliations of these non-IFRS measures to their most directly comparable IFRS financial measures. IFRS differs from U.S. GAAP in certain material respects and thus may not be comparable to financial information presented by U.S. companies. We currently, and will continue to, report financial results under IFRS, which differs in certain significant respects from U.S. GAAP.

      For the Three Months Ended December 31,   For the Year Ended December 31,
      2024   2023     2024   2023  
      (US$ in thousands)
    Loss for the period (18,756 ) (94,296 )   (37,787 ) (172,601 )
    Tax expenses 19   3     109   63  
    Depreciation and amortization 893   3,563     4,043   7,165  
    Interest income (239 ) (679 )   (1,478 ) (873 )
    Finance costs 8   13,657     25   19,028  
               
    EBITDA (18,075 ) (77,752 )   (35,088 ) (147,217 )
               
    Non-cash items:          
    Changes in fair value of financial instruments 526   (123 )   (447 ) 57,333  
    Impairment of intangible assets 4,466   3,106     4,541   3,106  
    Equity settled share-based payment arising from employee share incentive scheme 1,631   5,653     3,179   6,629  
    Unrealized foreign exchange loss/(gain), net 8,523   (4,763 )   4,197   (895 )
               
    Listing and other non-recurring strategic exercises related items:        
    Share-based payment arising from listing   67,027       67,027  
    Equity settled share-based payment arising from professional services in relation to listing   500       500  
    Transaction expenses 0   1,739     29   6,643  
    Gain on disposal of Malaysian operations 0       (600 )  
    Other non-recurring costs related to strategic exercises   (0 )   61   1  
               
    Other non-recurring items:          
    Other long-term employee benefits expense/(credit)   0       110  
    Non-recurring legal fees 7       462   0  
               
    Adjusted EBITDA (2,922 ) (4,613 )   (23,666 ) (6,763 )
               
    Revenue 15,723   26,397     79,511   80,671  
    Adjusted EBITDA (2,922 ) (4,613 )   (23,666 ) (6,763 )
    Adjusted EBITDA Margin (18.6 )% (17.5 )%   (29.8 )% (8.4 )%
     

    Forward Looking Statements

    This document includes “forward-looking statements” within the meaning of the United States federal securities laws and also contains certain financial forecasts and projections. All statements other than statements of historical fact contained in this communication, including, but not limited to, statements as to the Group’s growth strategies, future results of operations and financial position, market size, industry trends and growth opportunities, are forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “predicts,” “intends,” “trends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. All forward-looking statements are based upon estimates and forecasts and reflect the views, assumptions, expectations, and opinions of the Company, which are all subject to change due to various factors including, without limitation, changes in general economic conditions. Any such estimates, assumptions, expectations, forecasts, views or opinions, whether or not identified in this communication, should be regarded as indicative, preliminary and for illustrative purposes only and should not be relied upon as being necessarily indicative of future results. The forward-looking statements and financial forecasts and projections contained in this communication are subject to a number of factors, risks and uncertainties. Potential risks and uncertainties that could cause the actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, changes in business, market, financial, political and legal conditions; the Company’s ability to attract new and retain existing customers in a cost effective manner; competitive pressures in and any disruption to the industries in which the Company and its subsidiaries (the “Group”) operates; the Group’s ability to achieve profitability despite a history of losses; and the Group’s ability to implement its growth strategies and manage its growth; the Group’s ability to meet consumer expectations; the success of the Group’s new product or service offerings; the Group’s ability to attract traffic to its websites; the Group’s internal controls; fluctuations in foreign currency exchange rates; the Group’s ability to raise capital; media coverage of the Group; the Group’s ability to obtain adequate insurance coverage; changes in the regulatory environments (such as anti-trust laws, foreign ownership restrictions and tax regimes) and general economic conditions in the countries in which the Group operates; the Group’s ability to attract and retain management and skilled employees; the impact of the COVID-19 pandemic or any other pandemic on the business of the Group; the success of the Group’s strategic investments and acquisitions, changes in the Group’s relationship with its current customers, suppliers and service providers; disruptions to the Group’s information technology systems and networks; the Group’s ability to grow and protect its brand and the Group’s reputation; the Group’s ability to protect its intellectual property; changes in regulation and other contingencies; the Group’s ability to achieve tax efficiencies of its corporate structure and intercompany arrangements; potential and future litigation that the Group may be involved in; and unanticipated losses, write-downs or write-offs, restructuring and impairment or other charges, taxes or other liabilities that may be incurred or required and technological advancements in the Group’s industry. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s annual report for the year ended December 31, 2023 on Form 20-F (File No.: 001-41838), registration statement on Form F-1 (File No.: 333-275205), and other documents to be filed by the Company from time to time with the U.S. Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. In addition, there may be additional risks that the Company currently does not know, or that the Company currently believes are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. Forward-looking statements reflect the Company’s expectations, plans, projections or forecasts of future events and view. If any of the risks materialize or the Company’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Forward-looking statements speak only as of the date they are made. The Company anticipates that subsequent events and developments may cause their assessments to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so, except as required by law. The inclusion of any statement in this document does not constitute an admission by the Company or any other person that the events or circumstances described in such statement are material. These forward-looking statements should not be relied upon as representing the Company’s assessments as of any date subsequent to the date of this document. Accordingly, undue reliance should not be placed upon the forward-looking statements. In addition, the analyses of the Company contained herein are not, and do not purport to be, appraisals of the securities, assets, or business of the Company.

    For inquiries, please contact:

    Investor Relations:
    MoneyHero IR Team
    IR@MoneyHeroGroup.com

    Media Relations:
    MoneyHero PR Team
    Press@MoneyHeroGroup.com

    Consolidated Statements of Loss and Other Comprehensive Income

      For the Three Months Ended
    December 31,
      For the Year Ended
    December 31,
      2024   2023     2024   2023  
      (US$ in thousands except for loss per share)
    Revenue 15,723   26,397     79,511   80,671  
               
    Cost and expenses:          
    Cost of revenue (6,603 ) (17,601 )   (46,180 ) (43,930 )
    Advertising and marketing expenses (3,954 ) (5,111 )   (21,619 ) (16,245 )
    Technology costs (1,397 ) (4,451 )   (7,427 ) (9,522 )
    Employee benefit expenses (5,837 ) (10,585 )   (24,151 ) (24,931 )
    General, administrative and other operating expenses (7,454 ) (7,863 )   (15,543 ) (16,725 )
    Foreign exchange differences, net (8,921 ) 4,802     (4,783 ) 657  
               
    Operating loss (18,444 ) (14,411 )   (40,192 ) (30,026 )
               
    Other income/(expenses):          
    Other income 241   679     2,092   878  
    Share-based payment on listing   (67,027 )     (67,027 )
    Finance costs (8 ) (13,657 )   (25 ) (19,028 )
    Changes in fair value of financial instruments (526 ) 123     447   (57,333 )
               
    Loss before income tax (18,737 ) (94,293 )   (37,678 ) (172,538 )
    Tax expenses (19 ) (3 )   (109 ) (63 )
    Loss for the period (18,756 ) (94,296 )   (37,787 ) (172,601 )
    Other comprehensive income/(loss)          
    Other comprehensive income/(loss) that may be classified to profit or loss in subsequent periods (net of tax):          
    Exchange differences on translation of foreign operations 8,071   (4,098 )   3,738   (820 )
    Other comprehensive income/(loss) that will not be reclassified to profit or loss in subsequent periods (net of tax):          
    Remeasurement of defined benefit plan 8   (9 )   12   (30 )
    Other comprehensive income/(loss), net of tax 8,079   (4,107 )   3,750   (850 )
               
    Total comprehensive loss, net of tax (10,677 ) (98,403 )   (34,037 ) (173,451 )
               
    Loss per share attributable to ordinary equity holders of the parent    
    Basic and diluted (0.5 ) (2.8 )   (0.9 ) (17.9 )
     

    Consolidated Statements of Financial Position

      As of December 31,
    (US$ in thousands) 2024 2023
         
    NON-CURRENT ASSETS    
    Non-current financial asset 600
    Intangible assets 1,018 7,294
    Property and equipment 215 190
    Right-of-use assets 744 590
    Deposits 25 26
         
    Total non-current assets 2,601 8,100
         
    CURRENT ASSETS    
    Accounts receivable 13,538 17,236
    Contract assets 11,825 16,025
    Prepayments and other assets 9,041 4,855
    Tax recoverable 63 0
    Pledged bank deposits 185 189
    Cash and cash equivalents 42,522 68,641
         
    Total current assets 77,174 106,947
         
    CURRENT LIABILITIES    
    Income tax payable 32
    Accounts and other payables 29,101 33,222
    Warrant liabilities 1,393 1,840
    Lease liabilities 442 575
    Provisions 71 72
         
    Total current liabilities 31,039 35,708
         
    NET CURRENT ASSETS 46,135 71,239
    TOTAL ASSETS LESS CURRENT LIABILITIES 48,736 79,339
         
    NON-CURRENT LIABILITIES    
    Lease liabilities 294 31
    Deferred tax liabilities 30 29
    Provisions 185 194
         
    Total non-current liabilities 509 255
         
    Net assets 48,227 79,084
         
    EQUITY    
    Issued capital 4 4
    Reserves 48,223 79,080
         
    Total equity 48,227 79,084

    The MIL Network

  • MIL-OSI: Applico Capital Launches Tech-Enabled Private Equity Division

    Source: GlobeNewswire (MIL-OSI)

    WEST PALM BEACH, Fla., April 29, 2025 (GLOBE NEWSWIRE) — Applico Capital, a trusted technology investor in B2B distribution, is proud to announce the launch of its tech-enabled private equity strategy. Its new private equity division partners with scaled B2B distributors, empowering strong management teams to grow faster and more profitably by increasing their investment in AI. The strategy has garnered significant support from family offices and institutions outside of the industry who see a transformative period ahead for the $8 trillion B2B distribution industry.

    “AI is providing a once-in-a-generation opportunity to reimagine everything about B2B distribution,” said Alex Moazed, Founder & CEO of Applico Capital. “We are partnering with large B2B distributors that want to establish the new standard for supplier, customer, and employee expectations. Not only will AI create material internal synergies, but the distributors who proliferate AI capabilities externally can redefine the flow of information and commerce in their vertical.”

    Unparalleled AI Expertise: Venture and Private Equity
    No one else has the experience of technology innovation in the B2B distribution industry like that of Applico Capital. Starting in 2016, with the publication of the best-selling book, Modern Monopolies, the firm has been the leading operator at the intersection of B2B distribution and technology innovation. Applico Capital’s trusted relationships with industry leaders led to the launch of its inaugural venture fund in 2023 – the first and only venture fund focused on investing in technology for B2B Distributors, backed by more than ten billion-dollar-revenue B2B distributors.

    “Applico Capital has been investing in the best-and-brightest tech innovators in supply chain and B2B distribution over the past decade. The AI capabilities have reached the point where they are ready to transform the industry and are getting stronger every month,” said Nick Johnson, Applico Capital Managing Partner. “Our new private equity division helps large B2B Distributors lead their industry by integrating proven AI capabilities to reinvent the fabric of commerce in their vertical.”

    Applico Capital’s two investment strategies, venture and private equity, create a powerful feedback loop with one another. Insights from venture investments and the startup landscape inform private equity synergies. And, the needs from private equity inform venture’s focus.

    A New Model for Private Equity
    Applico Capital has built a tech-enabled playbook that can be executed with a new model for private equity: the technology operating partner as minority owner.

    Traditional private equity needs majority control to execute a leveraged buyout strategy. Applico Capital offers a different approach. We underwrite operational synergies that come from accelerated AI adoption. We work as a technology operating partner alongside existing ownership and management, who already know how to best motivate their team members.

    As an investor in the B2B distributor, Applico Capital is tied to the long-term, financial success of the company. And, just as importantly, the management team and thousands of employees in the B2B distributor can trust Applico Capital, knowing that we’re all on the same team.

    Strategic, Flexible Capital
    In the past 12 months, B2B distribution has seen landmark acquisitions by strategics and sponsors who will make significant investments in AI tech-enablement. Applico Capital partners with family-owned, employee-owned, and publicly traded distributors, offering minority and alternative investment structures that let you retain control while also gaining a strategic technology partner. Our approach ensures that you can continue to invest in your existing organic and inorganic growth strategies while harnessing AI to become the leader in your vertical.

    About Applico Capital
    Applico Capital is the leading technology investor in the $8 trillion B2B distribution industry. Its venture capital division, Applico Capital Ventures, invests in technology startups that enhance B2B distributors’ operations. Since its founding in 2009, Applico has been a pioneer at the intersection of technology and large enterprises, evolving from one of the largest app developers in the U.S. to a strategic advisor with the publication of Modern Monopolies, the definitive book on marketplaces and platform business models. It has spent a decade working with CEOs of billion-dollar distributors on technology innovation. This expertise now drives Applico’s mission to transform B2B distribution through tech-enabled private equity.

    For media inquiries, contact: Chris Vlasto, chris.vlasto@havenstrategies.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bcc4089a-0046-48a3-a5ff-55a96203146e

    The MIL Network

  • MIL-OSI: Alpha Sigma Capital Research Publishes New Report on Bittensor (TAO), Decentralized “Neural Internet” Model

    Source: GlobeNewswire (MIL-OSI)

    Tampa, FL, April 29, 2025 (GLOBE NEWSWIRE) — Alpha Sigma Capital Research has released an in-depth report on Bittensor (TAO), a pioneering project aiming to build a decentralized, open-source “neural internet” to democratize AI development and access. The report highlights how Bittensor contrasts sharply with the prevailing model—where a handful of corporate giants control data, compute, and advanced models—by implementing a peer-to-peer network in which AI models collaboratecompete, and are financially rewarded according to the value they contribute to the system. . 

    Key Findings

    Decentralization vs. Centralization

    • Problem with Current AI Landscape: Corporate titans (e.g., OpenAI, Google, Meta) aggregate massive datasets, proprietary compute resources, and closed-source models, creating high barriers to entry for smaller innovators.
    • Bittensor’s Alternative: A peer-to-peer network where any participant can contribute compute or model outputs; contributions are evaluated and rewarded in TAO tokens governed by the network’s Yuma Consensus.

    The “Neural Internet” Vision

    • Collaborative Competition: Models hosted on Bittensor compete across subnets, specialized mini-markets within the broader network, ranked by validators on criteria like accuracy, efficiency, and novelty. 
    • Incentive Alignment: TAO tokens facilitate staking, governance, transaction fees, and reward distribution—mirroring Bitcoin’s proof-of-work incentives but for machine intelligence.

    Founding and Governance

    • Leadership: Co-founded in 2019 by Jacob Robert Steeves (ex-Google engineer) and Ala Shabaana, operating under the OpenTensor Foundation.
    • Decentralized Governance: TAO token holders vote on protocol upgrades, emission schedules, and subnet parameters through on-chain governance proposals.

    To read the full research report, visit [LINK].
    Stay connected with ASC Research on Substack. Subscribe at Alpha Sigma Capital Research | Substack.

    About Alpha Sigma Capital Research
    Active Investing in the Blockchain Economy.™

    Alpha Sigma Capital Research is provided by Alpha Sigma Capital Advisors, LLC, the Investment Manager for the Alpha Blockchain/Web3 Fund and Alpha Liquid Fund.  Alpha Sigma Capital (ASC) investment funds are focused on emerging blockchain companies that are successfully building their user-base, demonstrating real-world uses for their decentralized ecosystems, and moving blockchain technology towards mass-adoption. ASC is focused on companies leveraging blockchain technology to provide value-add in areas such as fintech, AI, supply chain, and healthcare. Apply to receive research at www.alphasigma.fund/research.

    DISCLAIMER

    This is for informational use only. This is not investment advice. Other than disclosures relating to Alpha Transform Holdings (ATH) and Alpha Sigma Capital (ASC) this information is based on current public information that we consider reliable, but we do not represent it as accurate or complete, and it should not be relied on as such. The information, opinions, estimates, and forecasts contained herein are as of the date hereof and are subject to change without prior notification. We seek to update our information as appropriate.

    Any forecasts contained herein are for illustrative purposes only and are not to be relied upon as advice or interpreted as a recommendation. The price of crypto assets may rise or fall because of changes in the broad market or changes in a company’s financial condition, sometimes rapidly or unpredictably. Past performance is not a guide to future performance, future returns are not guaranteed, and a loss of original capital may occur. Fluctuations in exchange rates could have adverse effects on the value or price of, or income derived from certain investments. We and our affiliates, officers, directors, and employees, excluding equity and credit analysts, will from time to time have long or short positions in, act as principal in, and buy or sell, the securities or derivatives, if any, referred to in this press release.

    The information on which the information is based has been obtained from sources believed to be reliable such as, for example, the company’s financial statements filed with a regulator, the company website, the company white paper, pitchbook, and any other sources. While Alpha Sigma Capital has obtained data, statistics, and information from sources it believes to be reliable, Alpha Sigma Capital does not perform an audit or seek independent verification of any of the data, statistics, and information it receives.

    Unless otherwise provided in a separate agreement, Alpha Sigma Capital does not represent that the contents meet all of the presentation and/or disclosure standards applicable in the jurisdiction the recipient is located. Alpha Sigma Capital and its officers, directors, and employees shall not be responsible or liable for any trading decisions, damages, or other losses resulting from, or related to, the information, data, analyses, or opinions within the report.

    Crypto and/or digital currencies involve substantial risk, are speculative in nature, and may not perform as expected. Many digital currency platforms are not subject to regulatory supervision, unlike regulated exchanges. Some platforms may commingle customer assets in shared accounts and provide inadequate custody, which may affect whether or how investors can withdraw their currency and/or subject them to money laundering. Digital currencies may be vulnerable to hacks and cyber fraud as well as significant volatility and price swings.

    The MIL Network

  • MIL-OSI Economics: Catch the Replay: 10 U.S. Public Schools. 1 Impactful STEM Competition. 3 National Winners.

    Source: Samsung

    Relive the excitement as Samsung Electronics America hosted the final round of its 15th annual Samsung Solve for Tomorrow competition on April 28, 2025 at Samsung DC in the heart of our nation’s capital. Ten National Finalist teams—each already awarded a $50,000 prize package of Samsung technology and classroom supplies—took the stage to pitch their groundbreaking STEM (Science, Technology, Engineering, and Mathematics) solutions to community challenges. But only three emerged as National Winners, each securing a $100,000 prize package for their schools—part of more than $2 million in prizes up for grabs.
    Revisit the big moments —watch the livestream replay right here:
    National Finalists Pitch Event: Monday, April 28, 2025 |9:00 a.m. – 11:30 a.m. ET
    National Winners Reveal Event: Monday, April 28, 2025 | 5:30 p.m. – 7:00 p.m. ET

    National Finalists Pitch Event
    Celebrating its 15th year, Samsung Solve for Tomorrow empowers public school students in grades 6-12 to apply STEM skills to tackle real-world problems and drive positive change in their communities. Representing the very best from this year’s competition, the 10 student teams—hailing from middle and high schools in Alaska, Arkansas, Colorado, Connecticut, Delaware, Indiana, Louisiana, Minnesota, Nevada, and Wyoming—presented their groundbreaking STEM solutions at a live morning pitch event on April 28. These Gen Z and Gen Alpha student innovators have created game-changing solutions to tackle challenges such as healthcare access, accessibility in sports, gaming, and music, climate-driven heat disparities, youth mental health, and more—demonstrating the power of STEM to drive real-world impact.
    Their projects, developed using cutting-edge technologies like artificial intelligence (AI), machine learning (ML), 3D modeling and printing, the Internet of Things (IoT), and robotics, were evaluated by a panel of esteemed judges, including Charlotte Dungan, Chief Learning Officer at the Mark Cuban Foundation; Enobong Etteh, YouTube Creator; Hope King, Macro Talk News Founder and Axios Contributor; Rameen Rana, Investor at Samsung NEXT; and Renzo Villavicencio, Vice President of Process Innovation & Procurement at Samsung Electronics America. Kicking off the event, Alix Guerrier, CEO of DonorsChoose—the leading education nonprofit for teachers and a long-time Solve for Tomorrow partner—delivered the opening remarks.

    National Winners Reveal Event
    Evening festivities kicked off with an inspiring keynote from Gitanjali Rao, a 19-year-old MIT sophomore, innovator, author, and changemaker. Named TIME’s Kid of the Year and a UNICEF Youth Advocate, Gitanjali has been recognized globally for her groundbreaking work in STEM taking on issues ranging from contaminated drinking water to opioid addiction and cyberbullying. With accolades like Forbes 30 Under 30, America’s Top Young Scientist, Stephen Hawking Medal Junior for Science Communications, and the Muhammad Ali Humanitarian Award, she embodies the next generation of problem-solvers harnessing technology for good.
    Following the keynote, the “AI for Good: Empowering the Next Generation of Problem-Solvers” panel explored how AI can drive positive impact while addressing key challenges like bias, energy consumption, and ethical responsibility. Moderated by Allison Stransky, CMO of Samsung Electronics America, the panel featured Charlotte Dungan from the Mark Cuban Foundation, Paul Kim, Vice President of Corporate Strategy at Samsung Electronics America, and Jordan Harrod, AI Strategist and Ph.D. Candidate in Medical Engineering and Medical Physics at the Harvard-MIT Health Sciences and Technology program.

    MIL OSI Economics

  • MIL-OSI: Best Online Casinos Australia: 7Bit Casino Ranked Top Choice for Aussie Players in 2025

    Source: GlobeNewswire (MIL-OSI)

    PERTH, Australia, April 29, 2025 (GLOBE NEWSWIRE) — After trying out tons of online casinos in Australia, most just didn’t live up to the hype, especially when it came to bonuses. While chatting with a few local players, one name kept coming up: 7Bit casino. So, we decided to check it out. Right from the start, it felt like a different experience. The welcome offer was massive, that is up to 10,800 AUD plus 250 free spins. With thousands of slots, live dealer games, and smooth crypto payments, 7Bit stood out as something special.

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    7Bit Casino : Our Favourite Overall Casino

    7Bit Casino, licensed by Curacao eGaming, offers a modern, user-friendly interface with vibrant graphics and seamless navigation. Its game library exceeds 10,000 titles, including Australian online pokies, table games, and live dealer options with high RTPs. The casino supports both fiat and crypto payments, with fast withdrawals via PayID and Bitcoin, positioning it as a top PayID casino.

    The mobile platform mirrors the desktop experience, ensuring players can enjoy online pokies for real money on the go. 24/7 live chat provides prompt support, and SSL encryption with a provably fair system enhances security, though third-party audits like eCogra are absent. Responsible gambling tools, such as deposit limits and self-exclusion, are available to promote safe play.

    7Bit Casino earns our top spot for its unmatched game variety, generous bonuses, and Aussie-friendly features. With thousands of online pokies real money options, a 10,800 AUD + 250 free spins welcome bonus, and fast PayID transactions, it’s a standout PayID casino. The platform’s mobile optimization, robust security, and 24/7 support make it ideal for players seeking online blackjack real money or real money pokies Australia.

    Regular promotions, tournaments, and a rewarding VIP program further elevate its appeal, ensuring a thrilling and reliable gaming experience.

    What Makes 7Bit Casino The Best Online Casino Australia

    7Bit Casino is a top choice for Australian players, offering a massive selection of over 10,000 games, including crowd-favorite pokies like Mega Moolah and Johnny Cash, plus table and live dealer options. High RTP slots and a generous welcome package – up to 10,800 AUD + 250 free spins make it especially appealing. Players also get 75 no-deposit free spins (code: 75BIT), weekly cashback, reload bonuses, and exclusive Telegram deals.

    With fast PayID and crypto withdrawals, 24/7 live chat, and a mobile-friendly design for iOS and Android, 7Bit makes playing on the go easy. Licensed in Curacao and active for over a decade, it offers a trusted, secure environment. The VIP program adds value with cashback, faster payouts, and exclusive rewards, while regular tournaments keep things exciting. For real money pokies in Australia, 7Bit blends variety, speed, and player perks perfectly.

    How to Join 7Bit Best Online Casino Australia

    Joining 7Bit Casino is straightforward and designed for quick access to the best online casinos in Australia:

    1. Visit 7Bit Casino. Click Here to Directly Visit 7Bit Casino’s Official Website
    2. Click “Sign Up” on the homepage.
    3. Enter your name, email, date of birth, and create a username/password.
    4. Verify your email if prompted.
    5. Log in, deposit using PayID or crypto, and claim the welcome bonus.

    The process takes about a minute, and players instantly join the VIP program, unlocking perks like cashback and exclusive bonuses for real money pokies in Australia.

    How We Selected 7Bit as the Best Online Casino in Australia

    We evaluated 7Bit Casino based on rigorous criteria to ensure it meets the needs of Aussie players:

    License and Security

    7Bit holds a Curacao eGaming license, ensuring regulatory oversight. SSL encryption protects player data, and a provably fair system allows game fairness verification. While no eCogra audits are noted, the license and security measures provide a solid foundation of trust for online pokies real money players.

    Bonuses and Promotions

    The welcome package offers 325% up to 10800 AUD + 250 FS

    • 1st Deposit Bonus: 100% up to 800 AUD + 100 FS
    • 2nd Deposit Bonus: 75% up to 1200 AUD + 100 FS
    • 3rd Deposit Bonus: 50% up to 800 AUD
    • 4th Deposit Bonus: 100% up to 8000 AUD + 50 FS

    A payid pokies Australia no deposit bonus of 75 free spins (code ‘75BIT’, x45 wagering, €50 max cashout) is available. Weekly cashback, reload bonuses, and Telegram-exclusive offers keep players engaged, making it a top choice for online pokies Australia payid enthusiasts.

    << CLAIM 325% UP TO 10800 AUD + 250 FS AND MORE – SIGN UP NOW!>>

    Casino Games

    With over 10,000 games, 7Bit offers online pokies real money, table games, and live dealer options. High-RTP titles like Mega Moolah are favorites among the best online casino Australia players, ensuring diverse and rewarding gameplay.

    Casino Game ProvidersOur Favourite Overall Casino

    Partners include industry leaders like NetEnt, Microgaming, Play’n GO, and Evolution Gaming, ensuring high-quality, fair games for Australian online pokies and online blackjack players.

    Banking Methods

    Supports VISA, Mastercard, Neosurf, Skrill, PayID, and cryptocurrencies like Bitcoin and Ethereum. PayID is ideal for Aussies, offering fast transactions for the best online casino in Australia.

    Customer Support

    24/7 live chat responds within seconds, email support is slower, and no phone support is available. A detailed FAQ section addresses common queries, enhancing the experience for best online casinos in Australia.

    The Selection Process: Defining Excellence in Online Gaming

    • Screening: Verify licensing and reputation to ensure trust.
    • Game Evaluation: Assess variety, quality, and provider reputation.
    • Bonus Analysis: Check value, terms, and wagering requirements.
    • Payment Review: Test speed, security, and options like PayID.
    • Support Testing: Evaluate response times and effectiveness.
    • Mobile Testing: Ensure compatibility for online pokies real money on smartphones.
    • Security Check: Confirm encryption and fairness systems.
    • Player Feedback: Analyze reviews for real-world insights.
    • Scoring: Rank based on weighted criteria to identify top PayID casino options.

    Pros and Cons of 7Bit Online Casino

    Pros Cons
    Over 10,000 games, including real money pokies High wagering requirements on bonuses
    Welcome bonus: 10,800 AUD + 250 FS No phone support
    Fast PayID and crypto withdrawals No third-party audits (e.g., eCogra)
    24/7 live chat support  
    Mobile-friendly platform  
    Curacao license and SSL encryption  
    Responsible gambling tools  


    Explore the Best Online Pokies and Casino Games at 7Bit Casino

    7Bit’s 10,000+ games provide a thrilling experience for real money pokies Australia players and beyond:

    1. Pokies (Slots)

    7Bit is a haven for online pokies Australia players, offering thousands of titles from classic three-reel slots to modern video slots with immersive graphics and features. Popular titles include:

    • Mega Moolah: Renowned for its massive progressive jackpots, offering life-changing wins.
    • Johnny Cash: A music-themed slot with free spins and engaging bonus rounds.
    • Elvis Frog in Vegas: High-RTP slot with vibrant visuals and sticky wilds.
    • Wild Spin: Packed with wild features and big win potential.
    • Raging Lion: A safari-themed slot with dynamic gameplay and multipliers.
    • Book of Dead: An adventure-themed slot with expanding symbols and high volatility.

    These real money pokies are ideal for players seeking thrilling online pokies real money experiences, with demo modes available for practice.

    2. Table Games

    Traditional casino games offer strategic depth:

    • Blackjack: Variants like Classic, European, and Multi-Hand cater to all skill levels.
    • Roulette: European, American, and French options provide diverse betting opportunities.
    • Baccarat: A simple yet rewarding card game with a low house edge.
    • Poker: Video poker titles like Jacks or Better and Deuces Wild for solo play.

    These games complement Australian online pokies for players seeking variety.

    3. Live Dealer Games

    Powered by Evolution Gaming, live dealer games deliver an authentic casino experience:

    • Live Blackjack: Real-time interaction with professional dealers, ideal for online blackjack in Australia.
    • Live Roulette: Authentic wheel-spinning action with multiple camera angles.
    • Live Baccarat: Play against the banker in a high-stakes environment.

    High-quality streaming ensures immersion for online blackjack real money players.

    4. Instant Win Games

    Quick-play options for fast entertainment:

    • Scratch Cards: Virtual lottery-style games with instant payouts.
    • Keno: Number-picking for quick wins, offering simplicity and excitement.

    These are perfect for players taking a break from real money pokies Australia.

    5. Virtual Sports

    Simulated events like football, horse racing, and greyhound racing offer betting opportunities with realistic graphics and outcomes, providing an alternative to online pokies Australia.

    6. Craps

    7Bit does not offer Craps, which may disappoint dice game enthusiasts. However, alternatives like Sic Bo provide similar dice-based excitement with varied betting options, fast-paced gameplay, and high payout potential. Players can also explore table games like roulette or online blackjack for real money for comparable thrills, ensuring a diverse gaming experience alongside real money pokies.

    7. Poker

    7Bit offers a robust poker selection for all skill levels:

    • Video Poker: Popular titles like Jacks or Better, Deuces Wild, Aces and Faces, and Joker Poker for solo play with high RTPs.
    • Live Poker: Casino Hold’em, Three Card Poker, and Caribbean Stud Poker via live dealer, offering real-time competition against the dealer.
    • Virtual Poker: Texas Hold’em and Omaha variants for strategic gameplay, perfect for honing skills.

    These options cater to both casual players and seasoned pros seeking alternatives to online pokies real money.

    8. Roulette

    Roulette options provide diverse betting opportunities:

    • European Roulette: Single zero for better odds, popular among strategic players.
    • American Roulette: Double zero increases house edge, adding challenge.
    • French Roulette: Features La Partage and En Prison rules for reduced losses.
    • Live Roulette: Lightning Roulette adds random multipliers for bigger wins, enhancing excitement.

    These games are ideal for players who enjoy strategic betting alongside real money pokies in Australia.

    9. Blackjack

    Blackjack variants offer variety for online blackjack Australia fans:

    • Classic Blackjack: Standard rules for beginners, with a low house edge.
    • European Blackjack: Restricts doubling after splitting, adding strategy.
    • Multi-Hand Blackjack: Play up to five hands at once for higher stakes.
    • Live Blackjack: Real-time games with professional dealers, perfect for online blackjack real money enthusiasts.
    • Blackjack Switch: Allows swapping cards between hands for unique gameplay.

    These options ensure a thrilling experience for players seeking online blackjack real money.

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    Payment Options Available At The Best Online Casinos in Australia

    • Fiat Currency
    Method Deposit Withdrawal Processing Time
    VISA/Mastercard Yes No N/A
    Neosurf Yes No N/A
    Skrill Yes Yes Instant
    Interac Yes Yes Instant
    Neteller Yes Yes Instant
    Paysafe Card Yes No N/A
    PayID Yes Yes 1-24 hours
    Bank Transfer Yes Yes 3-7 days
    • Cryptocurrency
         
    Method Deposit Withdrawal Processing Time
    Bitcoin Yes Yes <1 hour
    Litecoin Yes Yes <1 hour
    Binance Coin Yes Yes <1 hour
    Ethereum Yes Yes <1 hour
    Dogecoin Yes Yes <1 hour

    PayID and crypto are the fastest, ideal for online pokies Australia payid users, while bank transfers are slower but reliable.

    The Most Popular Pay-out Methods at 7Bit Casino

    • Cryptocurrencies: Bitcoin, Ethereum, and Litecoin for speed and anonymity.
    • PayID: Fast, Aussie-friendly for online pokies Australia payid users.
    • E-Wallets: Skrill and Neteller for instant withdrawals.
    • Bank Transfers: Slower but reliable for larger transactions.

    PayID and crypto are preferred for their speed, making them ideal for PayID casino players.

    VIP Program at 7Bit Casino

    7Bit’s VIP program rewards loyal players with exclusive bonuses, personalized support, and up to 20% cashback. Higher levels offer faster withdrawals, special gifts, and dedicated account managers. Players earn points through wagering on real money pokies in Australia, unlocking perks like free spins and tournament entries. The program enhances the experience for PayID casino users, adding value to every bet.

    Final Thoughts About the Best Online Casino in Australia

    7Bit Casino is likely the top choice for Aussie players in 2025, offering a vast game selection, generous bonuses, and fast PayID withdrawals. Despite minor drawbacks like high wagering requirements and no phone support, its strengths in game variety, mobile compatibility, and player-focused features make it a standout PayID casino.

    Whether you’re spinning online pokies Australia or playing online blackjack real money, 7Bit delivers a thrilling and reliable experience.

    >>PLAY AT 7BIT CASINO – AUSTRALIA’S TOP PAY ID CHOICE FOR 2025!<<

    Frequently Asked Questions About The Best Online Casinos Australia

    1. Is 7Bit Casino legal in Australia?
      7Bit is licensed by Curacao, making it accessible to Australian players. However, online gambling laws vary by state, so players should verify local regulations to ensure compliance before playing real money pokies Australia or other games.
    2. What payment methods are accepted?
      7Bit supports VISA, Mastercard, Neosurf, Skrill, PayID, Bitcoin, Ethereum, Litecoin, and more. PayID and cryptocurrencies are the fastest, ideal for online pokies Australia payid users, offering secure and efficient transactions for PayID casino players.
    3. How long do withdrawals take?
      Cryptocurrency withdrawals process in under an hour, PayID takes 1-24 hours, and e-wallets like Skrill are instant. Bank transfers can take 3-7 days, depending on the bank, making PayID and crypto preferred for real money pokies Australia players.
    4. What’s the welcome bonus?
      7Bit offers up to 10,800 AUD + 250 free spins across four deposits, plus a payid pokies australia no deposit bonus of 75 free spins (code ‘75BIT’, x45 wagering). This package is ideal for new players exploring online pokies with real money and other games.
    5. Is mobile gaming available?
      7Bit’s mobile platform is fully optimized for iOS and Android, mirroring the desktop experience. Players can enjoy online pokies Australia, online blackjack real money, and live dealer games on the go with seamless performance and intuitive navigation.

    EMAIL: Support@7bitCasino.com

    Disclaimers and Affiliate Disclosure

    General Disclaimer
    This article is for informational and entertainment purposes only, not legal or financial advice. Content is based on research and user reviews as of April 24, 2025. No warranties are made, and users must verify information before acting.

    Casino and Gambling Disclaimer
    Online gambling carries risks and isn’t suitable for everyone. Confirm you’re of legal gambling age in your jurisdiction. Gambling laws vary, and compliance is your responsibility. We don’t promote gambling; participation is at your risk. 7Bit Casino is a third-party platform, and we’re not liable for losses or disputes.

    Affiliate Disclosure
    This article may include affiliate links, earning us a commission at no cost to you for qualifying actions. These support our content. Our reviews are unbiased, and we recommend only valuable products. Do your own research before signing up or playing real money pokies in Australia.

    A photo accompanying this announcement is available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/e955b95c-b051-4108-9d06-23bb3d13cbcd

    The MIL Network

  • MIL-OSI: Best Online Casinos Canada 2025: 7Bit Casino Recognized as the Best Overall Choice

    Source: GlobeNewswire (MIL-OSI)

    PORTLAND, Ore., April 29, 2025 (GLOBE NEWSWIRE) — We played through plenty of online casinos across Canada, hoping to find great bonuses and a good time, but most fell short. After talking to a few local players, one name kept popping up, so we decided to check it out. That’s how we ended up at 7Bit Casino, and right away, it felt different. We were greeted with a 325% bonus up to 5.25 BTC and 250 free spins. The site’s packed with thousands of slots, live games, and fast, crypto-friendly payments.

    ✅JOIN 7BIT CASINO – NO KYC, JUST INSTANT ACTION!

    Why 7Bit Casino Stands Out from Other Casinos in Canada

    7Bit Casino stands out among Canadian online casinos with its crypto-friendly, no KYC approach, supporting Bitcoin, Ethereum, and altcoins like Tron and Cardano. It offers instant withdrawals via Pay ID and crypto, unlike many fiat-only competitors. With over 10,000 games from 100+ providers, including NetEnt and BGaming, 7Bit delivers a diverse, exclusive library. The platform also builds community through Telegram, shares exclusive offers, and promotes eco-friendly crypto use, appealing to modern, privacy-focused players.

    Our Favourite Overall Casino

    7Bit Casino is our top pick among the best online casinos in Canada for 2025. Its seamless integration of crypto gaming, a vast slot selection, and rapid payouts make it a standout. The Curacao license guarantees security, while its cryptocurrency focus positions it as a leading anonymous online casino. For players seeking the best online casinos in Canada, 7Bit’s innovative features, player-centric design, and commitment to fairness make it an unrivaled choice.

    How to Join 7Bit Casino

    Joining 7Bit Casino is a breeze, ensuring quick access to the best online casinos in Canada:

    1. Visit the Site: Navigate to 7Bit Casino. Click Here to Directly Visit 7Bit Casino
    2. Sign Up: Click “Sign Up” and provide your email, username, and password.
    3. Select Currency: Choose between fiat or crypto options for deposits and withdrawals.
    4. Verify Account: Confirm your email address via the link sent to your inbox.
    5. Deposit Funds: Fund your account using fiat or crypto payment methods.
    6. Claim Bonus: Activate the welcome bonus of up to 5.25 BTC + 250 free spins.

    This streamlined process gets you gaming in minutes, a hallmark of the best online casinos in Canada.

    7Bit Casino Features

    7Bit Casino stands out as one of the best online casinos in Canada, licensed by the Curacao eGaming Commission for a secure, fair experience. Its mobile compatibility ensures seamless access to games, account management, and withdrawals on the go. With over 10,000 games from 100+ providers, it offers a diverse selection of slots, table games, and live dealers.

    Supporting both fiat and cryptocurrency payments, 7Bit provides flexibility for all players. Fast payouts, especially via Pay ID and crypto, make it a leader in quick transactions, while its VIP program rewards loyalty with cashback, free spins, and bonuses.

    Additional features include:

    • Provably Fair Games: Many crypto-based games allow players to verify outcomes, enhancing trust and transparency.
    • Multi-Language Support: Available in English, French, and other languages, catering to Canada’s multicultural audience.
    • Regular Tournaments: Slot and table game tournaments offer cash prizes and free spins, adding competitive excitement.
    • Advanced Game Filters: Players can sort games by provider, theme, or features like Megaways, Bonus Buy, or high volatility.
    • Customizable Interface: Options to adjust themes and layouts for a tailored gaming experience (Bitcoin Casino Kings).

    Pros and Cons of 7Bit Casino

    Pros Cons
    Over 10,000 games, including top slots and live dealer options High wagering requirements on some bonuses
    Instant withdrawals via crypto and Pay ID Occasional regional game restrictions
    Generous welcome bonus: 5.25 BTC + 250 free spins  
    Supports fiat and crypto payments  
    Robust VIP program with exclusive rewards  


    Pros Explained:

    • Game Variety: 7Bit’s extensive library offers endless entertainment, from the best online pokies to immersive live dealer experiences, catering to all player preferences.
    • Speedy Payouts: As a pay ID casino, 7Bit ensures instant withdrawals, particularly for crypto users, setting a high standard for efficiency.
    • Bonuses: The welcome package and frequent free spins promotions enhance player value, making every session rewarding.
    • Payment Flexibility: Support for multiple currencies ensures accessibility for diverse players.
    • VIP Program: Personalized rewards, including higher cashback and dedicated account managers, foster loyalty.

    Cons Explained:

    • Wagering Requirements: Some bonuses come with high playthrough conditions, which may challenge players aiming to withdraw winnings quickly.
    • Bank Transfers: While crypto and e-wallets are instant, bank transfers can take 3–5 days, lagging behind faster methods.
    • Regional Restrictions: Certain games may be unavailable in specific regions due to licensing or provider restrictions.

    ✅SIGN UP NOW AND START PLAYING WITH 7BIT CASINO TODAY!

    Regulation of the Best Online Casinos in Canada

    The best online casinos in Canada adhere to stringent regulations to ensure player safety and fairness. Key regulatory aspects include:

    • Licensing Requirements: Casinos like 7Bit must hold valid licenses, such as from the Curacao eGaming Commission, to operate legally. These licenses enforce oversight, fair play, and financial accountability.
    • Provincial Oversight: Ontario regulates online gambling through iGaming Ontario, requiring specific licensing for operators in the province. Offshore casinos, like 7Bit, serve other provinces under international licenses, offering broader access.
    • Age Restrictions: Players must be 19 or older to gamble online in Canada, aligning with federal and provincial laws to protect minors.
    • Responsible Gambling Measures: Licensed casinos provide tools like deposit limits, self-exclusion options, and cooling-off periods to promote responsible play and prevent addiction.
    • Taxation Policies: Recreational gambling winnings are tax-free in Canada, but professional gamblers may face taxation on consistent profits, as per CRA guidelines.
    • Security Standards: Mandatory SSL encryption, TLS1.3 protocols, and fairness audits by organizations like eCOGRA protect player data and ensure game integrity.
    • Advertising Compliance: Casinos must follow strict advertising guidelines, avoiding promotions targeting vulnerable groups or minors, and ensuring ethical marketing practices.

    These regulations create a secure and transparent environment, making platforms like 7Bit trusted choices among the best online casinos in Canada.

    How We Selected 7Bit as the Best Online Casinos in Canada

    Our selection process for the best online casinos in Canada is meticulous, focusing on critical criteria to ensure quality and reliability:

    • License and Security

    A valid license, such as 7Bit’s Curacao eGaming certification, is non-negotiable, guaranteeing regulatory oversight and fair play. Advanced security measures like TLS 1.3, SSL encryption, and two-factor authentication safeguard player data and transactions, making 7Bit a secure choice (Zamsino).

    • Bonuses and Promotions

    We prioritize casinos offering fair and transparent bonuses. 7Bit’s generous welcome package and ongoing free spins promotions provide significant value, though players should note the wagering requirements.

    • Casino Games

    A diverse game library is essential, encompassing slots, table games, live dealer options, and instant-win games. 7Bit’s 10,000+ titles ensure variety for all players.

    • Casino Game Providers

    Partnerships with top providers like NetEnt, Microgaming, and Evolution Gaming ensure high-quality, innovative games. 7Bit’s collaboration with over 100 providers sets it apart.

    • Banking Methods

    Support for multiple payment methods, including fiat and crypto, enhances accessibility. 7Bit’s instant crypto and Pay ID withdrawals are a major draw.

    • Customer Support

    Responsive 24/7 support via live chat, email, and comprehensive FAQs is crucial. 7Bit excels in this area, ensuring player satisfaction.

    How We Choose the Top-Rated Casino Sites

    Our evaluation criteria for top-rated casino sites like 7Bit include:

    • Reputation and Trustworthiness: Positive player reviews and valid licensing build credibility.
    • Game Quality and Variety: High-RTP games and a diverse library cater to all preferences.
    • Bonuses and Promotions: Fair, valuable offers enhance player experience.
    • Payment Options: Secure, varied methods with fast processing times ensure convenience.
    • Customer Support: Responsive, multi-channel assistance resolves issues quickly.
    • Mobile Compatibility: Seamless app or browser play is essential for modern gaming.
    • Security and Fairness: Advanced encryption and third-party audits guarantee safety and integrity.

    7Bit excels across these metrics, solidifying its place among the best online casinos Canada.

    The Selection Process: Defining Excellence in Online Gaming

    Excellence in online gaming, as demonstrated by 7Bit, involves a holistic approach:

    • Player-Centric Design: Intuitive interfaces, fast payouts, and generous bonuses prioritize user satisfaction.
    • Innovation and Updates: Regular game additions and crypto integration keep the platform cutting-edge.
    • Security and Transparency: Robust encryption, provably fair games, and clear terms build trust.
    • Accessibility Across Platforms: Seamless desktop and mobile experiences cater to diverse player needs.This comprehensive strategy positions 7Bit as a leader among the best online casinos in Canada for 2025.

    About Gaming in 7Bit Casino

    Gaming at 7Bit is immersive, intuitive, and endlessly engaging. The user-friendly interface simplifies navigation, allowing players to explore the vast library with ease. Frequent game additions ensure a fresh experience, while high-RTP titles maximize winning potential.

    Whether spinning the best online pokies, strategizing in live dealer games, or enjoying instant win thrills, players benefit from a platform designed for entertainment and fairness. The crypto focus makes 7Bit a best no KYC casino, offering anonymous play without sacrificing security.

    Additional 7Bit Features

    • Loyalty Program: A multi-tiered VIP system offers escalating rewards, including higher cashback percentages, free spins, and dedicated account managers for top-tier players.
    • Seasonal Promotions: Holiday-themed offers, such as Christmas or Halloween bonuses, provide exclusive free spins and deposit matches.
    • Community Engagement: Active Telegram and social media channels deliver real-time updates, exclusive free spins, and a sense of community among players.
    • Low Minimum Deposits: Starting at $10 for fiat and lower for crypto, 7Bit is accessible to players of all budgets.
    • Multi-Currency Accounts: Players can manage balances in multiple currencies, simplifying transactions across fiat and crypto.
    • Eco-Friendly Initiatives: By promoting low-energy crypto transactions, 7Bit appeals to environmentally conscious players, a unique selling point.
    • Cross-Platform Syncing: Progress syncs seamlessly across desktop and mobile, ensuring uninterrupted play.
    • Player Feedback Integration: 7Bit actively incorporates user suggestions, adding requested games and improving features.
    • Crypto Tutorials: Guides for new crypto users simplify deposits and withdrawals, enhancing accessibility.
    • Responsible Gambling Resources: Links to organizations like GamCare and tools like deposit limits promote safe play.
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    Final Thoughts On Best Online Casinos Canada

    7Bit Casino, rated 4.8/5 for 2025, offers innovation, security, and entertainment with a vast game library, crypto-friendly platform, instant payouts, and player-focused features. Ideal for free spins, online pokies, or live dealer games, it excels as a leading pay ID and anonymous casino, delivering a secure, rewarding, and cutting-edge experience.

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    Frequently Asked Questions

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    Disclaimer and Affiliate Disclosure

    General Disclaimer
    This article is for informational and entertainment purposes only, not legal or financial advice. Content is based on research and user reviews as of writing. No warranties are made, and users must verify information before acting.

    Casino and Gambling Disclaimer
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    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ee7b7996-5711-4ded-8c48-d7d20368a86a

    The MIL Network

  • MIL-OSI Economics: Samsung Awards $300K to National Winners in 15th Annual Solve for Tomorrow STEM Competition

    Source: Samsung

    Today, Samsung Electronics America proudly names the winners of the 15th annual Samsung Solve for Tomorrow STEM competition—a national education program that challenges public middle and high school students to turn science, technology, engineering, and math concepts into real-world solutions for challenges in their local communities. The three National Winners—each awarded a $100,000 prize package for their schools—were announced by Yoonie Joung, President and CEO of Samsung Electronics North America: Bentonville West High School from Centerton, AR; Bloomington High School South from Bloomington, IN; and Charter School of Wilmington from Wilmington, DE.
    Reflecting on the achievement and the promise of student-driven STEM solutions, Yoonie Joung shared, “These students are a profound reminder of why Samsung Solve for Tomorrow exists—to ignite innovation, inspire action, and ensure all young people have access to the tools they need to shape a better future. As they embrace emerging technologies like AI, Samsung is focused on helping close both the knowledge and resource gaps in STEM education—ensuring educators are equipped and students are empowered to apply these tools in transformative ways. Fifteen years in, Solve for Tomorrow continues to demonstrate what’s possible when we invest in youth, education, and bold thinking.”
    At the core of Samsung Solve for Tomorrow is a mission to advance STEM literacy, proficiency, and equity—and this year marks a celebration of its 15-year legacy of student-driven innovation. To date, Samsung has provided more than $29 million in technology and classroom resources to nearly 4,300 public schools across the U.S. This year’s three National Winners rose to the top from thousands of bold, imaginative entries—emerging from a highly competitive journey that began with 300 State Finalists, narrowed to 50 State Winners, and culminated in 10 National Finalists who pitched their visions for a brighter tomorrow.

    10 National Finalists. 1 Unforgettable Pitch Event. Endless Impact.
    Representing the next generation of changemakers, these 10 standout Gen Z and Gen Alpha student teams tackled issues like healthcare access, accessibility in sports, climate-driven heat disparities, and public safety on frozen lakes—using cutting-edge technologies such as artificial intelligence (AI), Internet of Things (IoT), 3D modeling and printing, machine learning (ML), and robotics to bring their ideas to life.
    Their innovations took center stage at a live Solve for Tomorrow Pitch Event on April 28 at Samsung DC, where a panel of distinguished judges—including Charlotte Dungan from the Mark Cuban Foundation; YouTube creator Enobong Etteh; Hope King, founder of Macro Talk News and Axios contributor; Rameen Rana from Samsung NEXT; and Renzo Villavicencio from Samsung Electronics America—evaluated each team’s project. The event began with opening remarks from Alix Guerrier, CEO of DonorsChoose, a long-time Solve for Tomorrow partner dedicated to expanding access to classroom resources.
    “Every year, I’m inspired by the incredible ingenuity, empathy, and determination these students bring to solving real-world problems in their communities. At Samsung, we believe in the power of technology as a force for good for all—and these young innovators are living proof of that. Watching them harness STEM to build a better future is not only hopeful—it’s a reminder of what’s possible when we invest in the next generation of problem-solvers,” said Allison Stransky, CMO of Samsung Electronics America.

    MIL OSI Economics

  • MIL-OSI USA: Engineering Students Excel at UConn Stamford’s First Senior Design Day

    Source: US State of Connecticut

    In between classes, careers, hobbies, and other obligations, coordinating plans with friends can be difficult for many college students and young professionals.

    “We’ve all experienced this planning chaos firsthand,” says Jainil Desai ’25 (ENG), a computer science major. “What if there was a way to make getting together with friends easier, smarter and more fun?”

    Visitors and judges at the Senior Design poster presentation could download a beta version of the STAC-IT app. (Olivia Drake/UConn photo)

    Desai, along with seven other students developed an innovative solution—a mobile app that simplifies social planning into a smooth, personalized experience.

    The team, also including Engineering students Yuzhuo Zhang ’25, Kevin Enrique Hernandez ’25, Amid Qazi ’25, Jan Ulloa, ’25 Toyi Hendrik Shimizu ’25, Mohammad Abujaffar ’25, and Ignacio Efrain Deleon ’25, debuted their app— STAC-IT— during the first-ever Senior Design Day Program held April 25 at UConn Stamford.

    In 2024–2025, UConn Stamford has 31 students engaged in year-long senior design projects as part of its full four-year computer science degree program. To showcase their work and strengthen ties with the broader community, the campus hosted its inaugural Senior Design Day Program — providing students the opportunity to present their projects to fellow students, faculty, and industry partners.

    The program is similar to the Senior Design Demonstration Day held annually at UConn Storrs.

    “Located in a growing industrial and technology hub, with proximity to Stamford and greater New York area companies, UConn Stamford is uniquely positioned to foster strong collaborations between its students and the tech workforce,” says Hasan Baig, director of the computer science program at UConn Stamford and event organizer. “Events like the Senior Design Day Program are critical in preparing graduates for real-world opportunities while helping industry partners discover emerging talent.”

    During the program, six teams made five-minute pitches to multiple UConn alumni and industry leaders who served as judges. Later, the teams spoke to the judges one-on-one during a poster session. The STAC-IT team, sponsored by Stacks IT, took first place.

    Aaron McClure, a judge from GE Appliances and CoCREATE in Stamford, found all six projects to be “good ideas that solve common problems.” STAC-IT, in particular, he says, is an ingenious way to get friends together.

    “Sometimes organizing people can be like herding cats,” he says. “If you want to get coffee, you can check the STAC-IT app to see if any of your friends also want to get coffee so you can meet up.”

    The Gush team created a platform where users can form authentic connections based on who they are, not just how they look. (Olivia Drake/UConn photo)

    McClure also was impressed with Gush, an online dating app that prioritizes personality—rather than physical attraction—to foster authentic connections. Paul Kwon ’25, Lyles Williams ’25, Max Senchukov ’25, and Joseph Vincento ’25 worked with the Woods Hole Institute to develop the app that pairs two users and places them inside a “blind date” with a countdown timer. When this timer finishes, users can either like or dislike each other. If both users like each other, they can now see each other’s photos and continue their conversation.

    “The dating app is a very novel idea and very different that other ones out there,” McClure says. “I really liked their approach.”

    In addition, Arianna Azizi ’25, Savar Jain ’25, and Romick Jean-Baptiste ’25 worked with their industry sponsor Neural Tax Networks to help reduce confusion during tax season. By using AI, their product provides answers to assist users with accessible tax and accounting research.

    “I’ve seen my dad struggle with going his own taxes, so I really liked the idea of using AI to help normal people file their taxes,” says Hamza Ejaz ’27. “It was the most attention-grabbing project.”

    Suchitha Misra’25, Karima Hamada ’25, Ananya Jonnakuti ’25, William French ’25, Trang Tran ’25, and Dylan Young ’25 worked with industry sponsor PRE to create gameified startup pitches. The platform enables audiences to act as mock investors, providing real-time feedback and investment signals to founders during live or remote events. This gamified approach boosts engagement, helps identify high-potential startups, and provides valuable performance insights to presenters.

    Dalia Clarke ’22 (ENG) served as a Senior Design judge. (Olivia Drake/UConn photo)

    Peter Vaichus ’25, Tom McCarthy’25, and Joshua Pintacasi ’25 worked with their industry sponsor Culture Tech to help museums track their collections, licenses, and workflows. The team developed and integrated a Digital Asset Manager (DAM) into a specialized software so clients can import their collections directly from their DAM.

    Sakib Nazmus ’25, Akhil Jannu ’25, William Lee ’25, and Dedeep Singu ’25 worked with their industry sponsor State Street Global Advisors to help institutional investors interpret make better financial decisions.  The tool extracts and scores sentiment by topic (financial metrics, macro trends, regulation) and time. A custom dashboard enables visualization and analysis of paragraph and keyword level sentiment trends.

    Mechanical engineering major Dalia Clarke ’22 (ENG) returned to her alma mater to help judge the presentations.

    “I love learning from the students,” she says. “I was very impressed with the depth of their work and their ability to answer questions, and also that they all had plans for making their projects even better in the future.”

    View photo gallery.

    MIL OSI USA News

  • MIL-OSI: XRP News: XenDex Soft Cap Almost Filled as Demand Explodes $XDX Tokens Selling Out Ahead of Exchange Listing

    Source: GlobeNewswire (MIL-OSI)

    SYDNEY, Australia, April 29, 2025 (GLOBE NEWSWIRE) — The window is closing fast. XenDex, the revolutionary all-in-one decentralized exchange built on the XRP Ledger, is on the brink of selling out its presale and early buyers may never see these current prices again, keep reading.

    In a week dominated by XRP market milestones, including Brazil’s first XRP Spot ETF approval, the SEC’s lawsuit withdrawal, and the greenlight for ProShares’ XRP Futures ETF — XenDex has emerged as the go-to DeFi platform for XRP holders. Now, with its soft cap almost completely filled, the urgency to secure $XDX tokens has reached new heights.

    Buy $XDX Now!

    XDX Price Set to Increase After Today

    Currently, 1 XRP = 10 XDX, But once the soft cap is filled, 1.25 XRP will be required to purchase 10 XDX.

    That’s a 25% increase after the soft cap is raised, and with demand surging, this is the final opportunity to buy $XDX at its lowest possible rate.

    Join the Presale Now: https://xendex.net/presale

    High-Profile Listings Confirmed

    Once the presale concludes, $XDX is already lined up for listing on major exchanges, including:

    • Binance
    • Gate.io
    • BitMart
    • MEXC
    • FirstLedger
    • MagneticX

    These listings will open the doors to global liquidity, institutional access, and high-volume trading, making today’s entry price even more critical.

    Purchase XDX At Lowest Presale Price

    What Makes XenDex Different

    Unlike anything currently on XRPL, XenDex delivers:

    • AI-Powered Copy Trading – Mirror elite trader strategies in real-time
    • Non-Custodial Lending & Borrowing – Borrow and lend XRP and XDX tokens to earn rewards
    • Cross-Chain Trading – Swap XRP tokens across major blockchains like Solana and BNB
    • Staking and Yield Farming – Earn rewards by supplying liquidity to the platform
    • DAO Governance – $XDX holders vote on upgrades and future developments

    Thousands are already in and holding $XDX, what are you waiting for?

    The XenDex community is exploding across Telegram and Twitter, with whales and retail investors alike locking in their $XDX allocations before the price jump. Presale supply is shrinking by the hour and when it’s gone, it’s gone.

    Join XenDex Presale

    Final chance to buy at launch price is now! Do not miss it.

    This is your last chance to get in before $XDX becomes more expensive.

    Don’t wait until tomorrow to regret what you could have done today.

    Visit Official XenDex Links

    Website: https://xendex.net
    Presale: https://xendex.net/presale
    Telegram: https://t.me/xendexcommunity
    Twitter/X: https://x.com/xendex_xrp
    Docs: https://xdxdocs.gitbook.io

    Contact:
    Frank Richards
    Frank@xendex.net

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5fc1748f-4060-4d9b-a620-c57ff79a5e61

    The MIL Network

  • MIL-OSI: Allies Against Slavery Releases Landmark State Human Trafficking Report

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, April 29, 2025 (GLOBE NEWSWIRE) — Allies Against Slavery released its first-ever State Human Trafficking Report, analyzing anti-trafficking policies and federal prosecution patterns across all 50 states. The report offers policymakers, law enforcement officials, and service providers the most comprehensive picture to date of how states are addressing human trafficking through legislation and criminal justice responses.

    “This groundbreaking report illuminates the progress our country has made and the gaps that remain in the fight against human trafficking,” said John Nehme, President and CEO of Allies Against Slavery. “For the first time, we’ve assembled data on 695 state policies and over two decades of federal prosecution records to create a more complete picture of America’s anti-trafficking landscape. This report shows that while states have made remarkable progress in establishing basic anti-trafficking frameworks, significant gaps remain in prevention policies that could stop trafficking before it starts.”

    The report examines 20 specific policies across prevention, protection, and prosecution for each state, while also analyzing federal prosecution data from 2000 to 2022.

    Key findings include:

    • States have enacted a total of 695 anti-trafficking policies since 2003, demonstrating significant momentum in legislative responses.
    • States with the most comprehensive policy frameworks include Florida, Tennessee, and Washington, while others like Idaho have significant policy gaps.
    • Prevention policies continue to lag behind prosecution and protection policies, with many states missing critical prevention measures.
    • Prosecution data reveals a significant bias toward cases involving minor victims of sex trafficking, which account for over double the number of adult sex trafficking and labor trafficking cases combined.
    • The most populated states in the U.S. also have the highest numbers of federally prosecuted cases. This includes California (n=222), Florida (n=215), Texas (n=206), and New York (n=184).
    • South Dakota has prosecuted the most federal human trafficking cases per capita, while states like Colorado, Delaware, and Alabama have prosecuted the fewest per capita.

    Dr. Vanessa Bouché, Chief Impact Officer at Allies Against Slavery, emphasized the importance of this data for informing policy decisions: “This report doesn’t just document what states have done—it provides a roadmap for what they should do next. By analyzing policies across prevention, protection, and prosecution, we’ve created a strategic framework states can use to strengthen their anti-trafficking response and close critical gaps.”

    The State Human Trafficking Report will be updated annually to track policy progress and prosecution trends. The full report, along with individual state profiles, is available for download at https://bit.ly/stateHTreport25

    About Allies Against Slavery

    Allies Against Slavery harnesses data to illuminate and eradicate human trafficking through its innovative data platform and strategic partnerships. Since 2010, they have worked to dismantle silos, build networks, and shine a light on the vulnerabilities that lead to exploitation. Their pioneering software, Lighthouse, aggregates national and statewide data to help professionals, leaders, and policymakers identify victims, coordinate care, and understand trafficking trends. To date, Allies’ solutions have helped identify over 20,000 victims of trafficking across the United States. Allies is building a future where every community has the data it needs to combat and prevent human trafficking.

    Learn more about Allies Against Slavery: https://www.alliesagainstslavery.org/

    Media Contact:  Tad Druart (512) 497-9880, tdruart@piercom.com

    The MIL Network

  • MIL-OSI: OTC Markets Group Welcomes BW Energy Limited to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 29, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced BW Energy Limited (Oslo Bors: BWE; OTCQX: BWERY, BWEFF), a growth-focused oil and gas company, has qualified to trade on the OTCQX® Best Market. BW Energy Limited upgraded to OTCQX from the Pink® market.

    BW Energy Limited begins trading today on OTCQX under the symbols “BWERY” and “BWEFF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

    “The OTCQX Market provides a platform for increased recognition and engagement with a wider base of US investors. BW Energy is a fast-growing oil and gas company with production and attractive development assets in Gabon, Namibia and Brazil. We expect cross-trading on OTCQX to create additional long-term value through a broader US investor base and increased trading volumes in our shares,” says Carl K. Arnet, the CEO of BW Energy.

    About BW Energy Limited
    BW Energy is a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments. The Company has access to existing production facilities to reduce time to first oil and cashflow with lower investments than traditional offshore developments. The Company’s assets are 73.5% of the producing Dussafu Marine licence offshore Gabon, 100% interest in the Golfinho and Camarupim fields, a 76.5% interest in the BM-ES-23 block, a 95% interest in the Maromba field in Brazil, a 95% interest in the Kudu field in Namibia, all operated by BW Energy. In addition, BW Energy holds approximately 6.6% of the common shares in Reconnaissance Energy Africa Ltd. and a 20% non-operating interest in the onshore Petroleum Exploration License 73 (“PEL 73”) in Namibia. Total net 2P+2C reserves and resources were 599 million barrels of oil equivalent at the start of 2025.

    About OTC Markets Group Inc.

    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market, and Pink® Open Market.

    Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATSTM are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

    To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

    Media Contact:
    OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

    The MIL Network

  • MIL-OSI Russia: “I hope that I will be able to initiate new research at the Higher School of Economics”

    Translation. Region: Russian Federal

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

    © TASS

    More than 10,000 scientific projects were supported by the Russian Science Foundation (RSF) in 2024. One of the recipients of the foundation’s grants is a scientist from Iran, HSE Associate Professor Ahmad Ostovari Moghaddam. Thanks to the support of the RSF and HSE, he decided to stay in Russia for a long time.

    A conference was held at TASS to sum up the results of the RSF’s work last year. In his greeting, RSF Director General Vladimir Bespalov recalled that the foundation carried out its activities in accordance with the presidential decree, which defined the strategic directions for the foundation’s development until 2030. The RSF development program includes activities in four priority areas: support for scientific research and the development of research teams that occupy leading positions in certain areas of science; support for projects to develop promising and priority science-intensive technologies in order to solve problems associated with major challenges for society, the state and science; support for young scientists and popularization of the achievements of Russian science.

    In 2024, the funding volume for 10 thousand projects implemented with the support of the Russian Science Foundation amounted to 39.2 billion rubles, 60 thousand performers from more than 800 organizations in 81 regions of the Russian Federation worked on them, including from the Donetsk People’s Republic and the Zaporizhia region. Based on the results of research supported by the Russian Science Foundation, more than 45 thousand reporting publications were published. A significant part of them were published in leading peer-reviewed Russian and foreign scientific journals.

    The projects not only contribute to the “development of science, but also have practical value, ensuring the creation of new industries,” Vladimir Bespalov noted. In 2024, 2.3 thousand new projects were supported. “It is very important that one and a half thousand managers received grants from the Science Foundation for the first time,” the speaker said. At the same time, in 2025, with the support of the Russian Academy of Sciences, “the post-grant life of the projects will be implemented,” he added. According to him, “the research teams implementing the projects supported by the foundation are centers of attraction for young people in science.” The majority of project implementers (42.7 thousand) are under 39 years of age (inclusive), including more than 9 thousand postgraduate students and more than 7 thousand students.

    Associate Professor of the National Research University Higher School of Economics Ahmad Ostovari Moghaddam, a scientist from Iran, noted that he submitted documents to begin research in Russia and in a number of European countries. “But of all the options that I had, it was work in Russia that seemed the most interesting and convenient. This concerned both the interesting topic for scientific work that was proposed at the Higher School of Economics and the advanced equipment that the university provided,” the scientist said. HSE gave him the opportunity to “form his own research teams.” “I have permanent young research associates who work with me, and I also have the opportunity to implement projects in my own laboratory at the Higher School of Economics,” he noted.

    It was thanks to the support of the Higher School of Economics and the Russian Science Foundation (the foundation awarded the scientist a grant twice) that Ahmad Ostowari Moghaddam decided to stay in Russia for a long time. The project that the scientist is currently implementing at the Higher School of Economics is related to the use of catalytic technologies. “I am also studying the reaction of oxygen reduction from carbon dioxide. My future goal is to increase the focus on practical research, to move away from the academic format. Although, of course, publishing articles and participating in scientific projects are extremely important, I would like my research to also benefit people, making their lives easier and more convenient. As one of the recipients of the Russian Science Foundation grant, I hope that I will be able to initiate new research at the Higher School of Economics,” he noted.

    The scientist recommends “all young researchers from foreign countries to join scientific work in Russia, to come and implement their projects here.”

    The press conference was also attended by Georgy Yakovlev, Assistant to the General Director of Svetlana-Rost (he spoke about the implementation of a new technology in the field of the full-cycle semiconductor industry) and Director of the Research Institute of Neurosciences of the Lobachevsky State University of Nizhny Novgorod, laureate of the Russian President’s Prize in Science and Innovation for Young Scientists Susanna Gordleeva. She emphasized that a very important mission of the RSF is to support young scientists. Speaking about her personal experience, Susanna Gordleeva noted that “she started with winning a small RSF grant”, and this year she was lucky enough to win an interdisciplinary RSF grant, where there was a competition of about 20 people per place. “We are trying to develop biologically plausible realistic mathematical models that we build on the basis of experimental data to explain the mechanisms of formation of cognitive functions, as well as the development of neurodegenerative diseases,” she said about her work. The obtained research results allow us to move “to the development of new promising artificial intelligence technologies that will be built on the principles of the brain’s functioning.”

    According to the Chair of the RSF Expert Council, Academician of the Russian Academy of Sciences Yulia Gorbunova, last year marked the tenth anniversary of the RSF’s existence and its work was cited as an example of the “gold standard”. “Of course, when we talk about finances, it is very important how we distribute them, to whom, for what work we give this money. And here, of course, the correct examination mechanism is very important, which is constantly being improved at the RSF,” she noted. In particular, according to her, the procedure for selecting experts is very thorough: their achievements, their scientific reputation are assessed, possible conflicts of interest are identified, etc.

    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: Ambow Launches HybriU Conferencing: A Next-Gen Platform for Smart, Seamless Phygital (Physical + Digital) Collaboration

    Source: GlobeNewswire (MIL-OSI)

    Cupertino, Calif, April 29, 2025 (GLOBE NEWSWIRE) — Ambow Education Holding Ltd. (NYSE American: AMBO) (“Ambow” or the “Company”), a leading global EdTech and AI-powered solutions provider, today announced the official launch of HybriU Conferencing, a cutting-edge platform designed to transform traditional conferencing into smart, seamless Phygital (Physical + Digital) experiences.

    HybriU Conferencing blends the strengths of in-person presence with advanced digital intelligence, enabling organizations to host immersive, AI-enhanced conferences, meetings and collaborative sessions. Key features include real-time transcription, multilingual translation, 3D telepresence and adaptive screen layouts — delivering a frictionless hybrid experience for both on-site and remote participants.

    “HybriU Conferencing marks a major leap forward in how hybrid conferences are experienced, as we build our suite of foundational HybriU products,” said Dr. Jin Huang, CEO of Ambow. “By seamlessly enhancing existing video conferencing systems with intelligent tools built for physical spaces, we are bridging the gap between in-room and remote conference participants. Unlike other platforms, HybriU Conferencing offers an in-person presence feel, along with AI-powered features like real-time translation and automated meeting minutes, for a more immersive, interactive experience. It’s a smart, more inclusive solution designed to redefine corporate collaboration. From boardrooms to global summits, we are bringing the future of conferencing to today’s organizations.”

    Built on Ambow’s proprietary, patented HybriU architecture, the platform seamlessly integrates with existing conferencing tools and hardware, while introducing next-gen features such as interactive content sharing, spatial audio, real-time analytics, and dynamic hybrid event orchestration. From classrooms and executive meetings to international forums, HybriU is redefining the future of connected collaboration.

    Following successful pilot deployments in academic and corporate environments, HybriU Conferencing is now available for institutional rollout and enterprise licensing worldwide.

    In addition to HybriU Conferencing, Ambow’s suite of HybriU products includes the HybriU Digital Education Solution, which is available in both a box-top set for instantaneous plug and play utilization, as well a subscription-based model.

    HybriU Conferencing Key Features Include:

    • Seamless phygital integration that is scalable and customizable
    • AI-powered real-time transcription and translation
    • 3D telepresence and intelligent multi-camera framing
    • Seamless integration with Zoom, Teams, Webex and more
    • Adaptive display layouts for hybrid environments
    • Multi-language support and real-time translation
    • Real-time meeting summaries and secure cloud infrastructure
    • Future-proof, plug-and-play integration

    To learn more or request a live demonstration, visit www.hybriu.com.

    About Ambow

    Ambow Education Holding Ltd. is a U.S.-based, AI-driven technology company offering phygital (physical + digital) solutions for education, corporate conferencing and live events. Through its flagship platform, HybriU, Ambow is shaping the future of learning, collaboration and communication—delivering immersive, intelligent and real-time experiences across industries. For more information, visit Ambow’s corporate website at https://www.ambow.com/.

    Follow us on X: @Ambow_Education
    Follow us on LinkedIn: Ambow-education-group

    Safe Harbor Statement

    This press release contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as “will,” “expects,” “believes,” “anticipates,” “intends,” “estimates” and similar statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about Ambow and the industry. All information provided in this press release is as of the date hereof, and Ambow undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although Ambow believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.

    For more information, please contact:

    Ambow Education Holding Ltd.
    E-mail: ir@ambow.com
    or
    Piacente Financial Communications
    Tel: +1 212 481 2050
    E-mail: ambow@tpg-ir.com

    The MIL Network

  • MIL-OSI: From Vision to 36 Million Users: MEXC Celebrates 7 Years of Exponential Growth

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, April 29, 2025 (GLOBE NEWSWIRE) — MEXC, a leading cryptocurrency exchange, witnessed impressive growth throughout 2024, with its global user base soaring to 36 million and trading volumes surging across the board. The platform recorded a 143% increase in Spot trading volume and a 118% jump in Futures trading volume, reflecting its rising dominance in the digital asset space. As MEXC celebrates its 7th anniversary, it has not only weathered the challenges of a highly competitive industry but has firmly positioned itself as one of the top-performing exchanges worldwide—driven by innovation, scalability, and user-first service.

    Key Highlights:

    • Spot Trading Volume: +143% YoY
    • Futures Trading Volume: +118% YoY
    • Market Share: Jumped from 2.4% in 2023 to 13.06% in Q1 2025
    • User Base: Reached 36 million globally
    • Listed Assets: Over 3,000
    • Employees: Doubled to 2,000+
    • Recovered User Assets: Over $1.8 million
    • Customer Service Tickets Resolved: 1.1 million+

    Unprecedented Trading Volume Growth: Dominating Market Share

    MEXC has demonstrated exceptional performance in its core trading business, with remarkable growth metrics that reflect its increasing dominance in the cryptocurrency exchange landscape. According to the latest data, the platform achieved an impressive 143% growth in Spot trading volume and a substantial 118% increase in Futures trading volume over the past year.

    According to TokenInsight’s industry report, MEXC’s market share surged from 2.4% in 2023 to 11.6% in 2024, and further increased to 13.06% in 2025 Q1. The CoinGecko Q1 2025 report also highlighted MEXC’s expanding market presence and growing influence in the global cryptocurrency exchange ecosystem, noting its leap into 3rd place in terms of futures trading volume.

    This impressive growth is well above the industry average, showing that more and more traders are choosing MEXC for its strong trading tools. With high liquidity, low fees, and reliable performance in both Spot and Futures markets, the platform continues to attract a wide range of users—from everyday investors to major institutions.

    36 Million Users and Counting: MEXC’s Global Expansion

    In a testament to its expanding influence, MEXC has witnessed phenomenal user adoption over the past year. The platform welcomed an impressive number of new users, significantly expanding its ecosystem. This substantial influx has propelled the exchange to reach a cumulative user base of 36 million globally.

    This rapid growth isn’t just about the numbers—it shows that millions of people and institutions are choosing to trust MEXC for its reliable infrastructure, strong security, and quality service. The platform’s success in gaining and keeping users from around the world highlights its broad appeal and the increasing trust it’s earning from crypto enthusiasts, traders, and investors everywhere.

    Strategic Organizational Expansion: Scaling with Purpose

    Understanding that technological innovation is driven by human talent, MEXC has undertaken a strategic workforce expansion, nearly doubling its staff to 2,000 employees. This deliberate scaling has focused on strengthening three critical operational pillars:

    1. Growth Center – A specialized division dedicated to accelerating user acquisition, enhancing platform adoption strategies, and exploring new market opportunities. This team spearheads MEXC’s expansion into emerging cryptocurrency markets while strengthening its position in established ones.

    2. R&D Center – The innovation engine of MEXC, where talented engineers and developers work tirelessly to enhance the platform’s technological infrastructure, develop cutting-edge features, and implement security protocols that safeguard user assets. The R&D team’s commitment to excellence ensures that MEXC remains at the technological vanguard of the crypto exchange landscape.

    3. Business Support – The operational backbone ensuring seamless platform functionality, superior customer experience, and efficient business processes. This division works behind the scenes to maintain the high standards of service that users have come to expect from MEXC.

    Diverse Asset Offerings with Reward Programs

    MEXC continues to enhance its position as a versatile and comprehensive trading platform, offering sophisticated Spot and Futures trading services that cater to both novice and experienced traders. The exchange has significantly expanded its asset portfolio to include an impressive 3,000+ listed assets, providing users with unparalleled diversity in trading options across various cryptocurrencies, tokens, and digital assets. This extensive listing strategy reflects MEXC’s commitment to offering users access to emerging projects and established cryptocurrencies alike, creating a dynamic marketplace where traders can diversify their portfolios and capitalize on market opportunities.

    Complementing this diverse asset ecosystem, MEXC has implemented one of the industry’s most comprehensive reward programs, successfully orchestrating 2,293 airdrop events through its innovative token airdrop program, distributing a substantial prize pool valued at $136 million. These strategic initiatives serve multiple purposes: rewarding loyal users, incentivizing platform participation, and introducing the community to promising new projects. By consistently sharing value with its user base while maintaining robust liquidity and advanced trading infrastructure, MEXC has cultivated a culture of reciprocity and mutual growth that strengthens user loyalty and platform advocacy.

    Thriving Community: Nurturing Global Connections

    MEXC’s vibrant community continues to flourish across multiple social platforms, with its X account followers almost doubling to 2.25 million. This substantial social media presence amplifies the exchange’s voice in cryptocurrency discourse and facilitates direct engagement with users and stakeholders.

    Complementing its social media presence, MEXC’s Telegram ecosystem has expanded to include 193,000 membersacross various groups, creating dynamic spaces for real-time discussions, market insights, educational content, and peer support. These community hubs foster a sense of belonging among users while serving as valuable channels for information dissemination and feedback collection.

    The robust growth of MEXC’s community ecosystem reflects the platform’s success in transcending its role as a mere trading venue to become a vibrant hub for cryptocurrency enthusiasts and professionals worldwide.

    Customer-Centric Service: Setting Industry Standards

    MEXC’s unwavering commitment to customer satisfaction is evidenced by its responsive and resourceful customer service team, which has successfully addressed over 1.1 million customer service requests in the past year. This volume underscores both the scale of MEXC’s operations and its dedication to providing timely assistance to users navigating the complexities of cryptocurrency trading.

    Beyond routine support, MEXC’s customer service team has demonstrated exceptional value by helping users recover over $1.8 million in assets that might otherwise have been lost due to user errors, technical issues, or misconceptions. This recovery effort exemplifies MEXC’s proactive approach to customer service and its genuine concern for user welfare beyond transactional relationships.

    The quality and effectiveness of MEXC’s customer service infrastructure set new benchmarks for the industry, reinforcing user confidence and contributing significantly to the platform’s reputation for reliability and trustworthiness.

    Looking Ahead: Charting the Course for Future Growth

    Behind the impressive growth figures lies the comprehensive result of MEXC’s ongoing investment in core trading infrastructure, rapid asset listings, enhanced user experience, and region-specific strategies. MEXC has evolved from its former position as a market follower to establish itself firmly among the world’s elite cryptocurrency trading platforms, demonstrating leadership through innovation and consistent performance excellence.

    As MEXC embarks on its eighth year, the exchange stands poised for continued innovation and market leadership. Built on a foundation of user trust, technological excellence, and community engagement, MEXC is strategically positioned to navigate the evolving cryptocurrency landscape.

    The impressive metrics across all business areas highlight MEXC’s successful execution of its strategic roadmap and adaptability in a dynamic industry. With its proven track record and clear vision, MEXC remains committed to providing a secure, efficient platform for cryptocurrency enthusiasts worldwide, continuing to shape the future of digital finance.

    About MEXC
    Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
    MEXC Official WebsiteXTelegramHow to Sign Up on MEXC

    Source

    Contact:
    Lucia Hu
    lucia.hu@mexc.com

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

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

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/417cca70-bf4f-4b19-a358-67edc185e1fa

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    The MIL Network

  • MIL-OSI Asia-Pac: President Lai meets NBR delegation  

    Source: Republic of China Taiwan

    Details
    2025-04-28
    President Lai meets Japanese Diet Member and former Minister of State for Economic Security Takaichi Sanae
    On the afternoon of April 28, President Lai Ching-te met with a delegation led by Member of the Japanese House of Representatives and former Minister of State for Economic Security Takaichi Sanae. In remarks, President Lai thanked the government of Japan for repeatedly emphasizing the importance of peace and stability across the Taiwan Strait at important international venues. The president expressed hope that in the face of China’s continually expanding red supply chains, Taiwan and Japan can continue to cooperate closely in such fields as semiconductors, energy, and AI technology to create non-red supply chains that enhance economic resilience and industrial competitiveness for both sides, and jointly pave the way for further prosperity and growth in the Indo-Pacific region. A translation of President Lai’s remarks follows: First, I would like to extend a warm welcome to Representative Takaichi as she returns for another visit to Taiwan. I am also very happy to have Members of the House of Representatives Kikawada Hitoshi and Ozaki Masanao, and Member of the House of Councillors Sato Kei all gathered together here to engage in these very important exchanges. Our visitors will be taking part in many exchange activities during this trip. Earlier today at the Indo-Pacific Strategy Thinktank’s International Political and Economic Forum, Representative Takaichi delivered a speech in which she clearly demonstrated the great importance she places upon the friendship between Taiwan and Japan. For this I want to express my deepest appreciation to each of our guests. The peoples of Taiwan and Japan have a deep friendship and mutual trust. We have a shared commitment to the universal values of democracy, freedom, and respect for human rights, but beyond that, we both have striven to contribute to regional peace and stability. I also want to thank the government of Japan for repeatedly emphasizing the importance of peace and stability across the Taiwan Strait at important international venues. Tomorrow you will all make a trip to Kaohsiung to visit a bronze statue of former Prime Minister Abe Shinzo, who once said, “If Taiwan has a problem, then Japan has a problem.” We will always remember the firm support and friendship he showed Taiwan. Since taking office last year, I have worked hard to improve Taiwan’s whole-of-society defense resilience and implement our Four Pillars of Peace action plan. By strengthening our national defense capabilities, building up economic security, demonstrating stable and principled cross-strait leadership, and deepening partnerships with democratic countries including Japan, we can together maintain peace and stability in the Indo-Pacific region and across the Taiwan Strait. At the same time, in the face of China’s continually expanding red supply chains, we hope that Taiwan and Japan, as important economic and trade partners, can continue to cooperate closely in such fields as semiconductors, energy, and AI technology to create non-red supply chains that further enhance economic resilience and industrial competitiveness for both sides. Going forward, Taiwan will work hard to play an important role in the international community and contribute its key strengths. I hope that, with the support of our guests, Taiwan can soon accede to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and sign an economic partnership agreement (EPA) with Japan so that we can jointly pave the way for further prosperity and growth in the Indo-Pacific region. Lastly, I thank each of you once again for taking concrete action to support Taiwan. I am confident that your visit will help deepen Taiwan-Japan ties and create even greater opportunities for cooperation. Let us all strive together to keep propelling Taiwan-Japan relations forward.  Representative Takaichi then delivered remarks, first thanking President Lai and Taiwanese political leaders for the warm hospitality they extended to the delegation, and mentioning that the visiting delegation members are all like-minded partners carrying on the legacy of former Prime Minister Abe. July 8 this year will mark the third anniversary of the passing of former Prime Minister Abe, she said, and when the former prime minister unfortunately passed away, President Lai, then serving as vice president, was among the first to come offer condolences, for which she expressed sincere admiration and gratitude. Representative Takaichi stated that Taiwan and Japan are island nations that face the same circumstances and problems, and that Japan’s trade activities rely heavily on ocean transport, so once a problem arises nearby that threatens maritime shipping lanes, it will be a matter of life and death for Japan. Taiwan and Japan are similar, as once a problem arises, both will face food and energy security issues, and supply chains may even be threatened, she said. Regarding Taiwan-Japan cooperation, Representative Takaichi stated that both sides must first protect and strengthen supply chain resilience. President Lai has previously said that he wants to turn Taiwan into an AI island, she said, and in semiconductors, Taiwan has the world’s leading technology. Representative Takaichi went on to say that Taiwan and Japan can collaborate in the fields of AI and semiconductors, quantum computing, and dual-use industries, as well as in areas such as drones and new energy technologies to build more resilient supply chains, so that if problems arise, we can maintain our current standard of living with peace of mind. Representative Takaichi indicated that cooperation in the defense sector is also crucial, and that by uniting like-minded countries including Taiwan, the United States, Japan, the Philippines, and Australia, and even countries in Europe, we can build a stronger network to jointly maintain our security guarantees. Representative Takaichi expressed hope that Taiwan and Japan will continue to strengthen substantive non-governmental relations, including personnel exchange visits and information sharing, so that we can jointly face and respond to crises when they arise. Regarding the hope to sign a Taiwan-Japan EPA that President Lai had mentioned earlier, she also expressed support and said she looks forward to upcoming exchanges and talks. The visiting delegation also included Japan-Taiwan Exchange Association Taipei Office Chief Representative Katayama Kazuyuki.

    Details
    2025-04-23
    President Lai delivers remarks at International Holocaust Remembrance Day event
    On the afternoon of April 23, President Lai Ching-te attended an International Holocaust Remembrance Day event and delivered remarks, in which he emphasized that peace is priceless, and war has no winners, while morality, democracy, and respect for human rights are powerful forces against violence and tyranny. The president stated that Taiwan will continue to expand cooperation with democratic partners and safeguard regional and global peace and stability, defending democracy, freedom, and human rights. He said we must never forget history, and must overcome our differences and join in solidarity to ensure that the next generations live in a world that is more just and more peaceful. Upon arriving at the event, President Lai heard a testimony from the granddaughter of a Holocaust survivor, followed by a rabbi’s recitation of the prayer “El Maleh Rachamim.” He then joined other distinguished guests in lighting candles in memory of the victims. A transcript of President Lai’s remarks follows: To begin, I want to thank the Israel Economic and Cultural Office (ISECO) in Taipei, German Institute Taipei, Taiwan Foundation for Democracy, and Ministry of Foreign Affairs for co-organizing this deeply significant memorial ceremony again this year. I also want to thank everyone for attending. We are here today to remember the victims of the Holocaust, express sympathy for the survivors, honor the brave individuals who protected the victims, and acknowledge all who were impacted by this atrocity. It was deeply moving to hear Ms. [Orly] Sela share the story of how her grandmother, Yehudit Biksz, escaped the Nazi regime. I want to thank her specially for traveling so far to attend this event. From the 1930s through World War II, the Nazi regime sought to exclude Jewish people from society. In their campaign, they perpetrated systematic genocide driven by their ideology. Policies and directives under the authoritarian Nazi regime resulted in the deaths of approximately 6 million Jews. Millions of others were persecuted, including Romani people, persons with disabilities, the gay community, and anyone who disagreed with Nazi ideology. It is one of the darkest chapters in human history. Many countries, including Taiwan, have enacted anti-massacre legislation, and observe a remembrance day each year. Those occasions help us remember the victims, preserve historical memory, and most importantly, reinforce our resolve to fight against hatred and discrimination. Twenty-three years ago, Chelujan (車路墘) Church in Tainan founded the Taiwan Holocaust Memorial Museum. It is the first Jewish museum in Taiwan, and the second Holocaust museum in Asia. Its founding mission urges us to forget hatred and love one another; put an end to war and advocate peace. Many of the exhibition items come from Jewish people, connecting Taiwan closer with Israel and helping Taiwanese better understand the experiences of Jewish people. In this way, we grow to more deeply cherish peace. When I was mayor of Tainan, I took part in an exhibition event at Chelujan Church. I was also invited by the Israeli government to join the International Mayors Conference in Israel, where I visited the World Holocaust Remembrance Center. I will never forget how deeply that experience moved me, and as a result, peace and human rights became even more important issues for me. These issues are valued by Taiwan and our friends and allies. They are also important links connecting Taiwan with the world. Peace is priceless, and war has no winners. We will continue to expand cooperation with democratic partners and safeguard regional and global peace and stability. We will also continue to make greater contributions and work with the international community to defend democracy, freedom, and human rights. This year also marks the 80th anniversary of the end of World War II. However, we still see wars raging around the world. We see a resurgence of authoritarian powers, which could severely impact global democracy, peace, and prosperous development. Today’s event allows for more than reflection on the past; it also serves as a warning for the future. We are reminded of the threats that hatred, prejudice, and extremism pose to humanity. But we are also reminded that morality, democracy, and respect for human rights are powerful forces against violence and tyranny. We must never forget history. We must overcome our differences and join in solidarity for a better future. Let’s work together to ensure that the next generations live in a world that is more just and more peaceful. Also in attendance at the event were Member of the Israeli Knesset (parliament) and Taiwan friendship group Chair Boaz Toporovsky, ISECO Representative Maya Yaron, and German Institute Taipei Deputy Director General Andreas Hofem.

    Details
    2025-04-23
    President Lai pays respects to Pope Francis  
    On the morning of April 23, President Lai Ching-te visited the Taipei Archdiocesan Curia to pay respects in a memorial ceremony for His Holiness Pope Francis. As officiant of the ceremony, President Lai burned incense and presented flowers, fruits, and wine to pay his respects to Pope Francis. At the direction of the master of ceremonies, the president then bowed three times in front of Pope Francis’s memorial portrait, conveying his grief and deep respect for the late pope. After hearing of Pope Francis’s passing on April 21, President Lai promptly requested the Ministry of Foreign Affairs to express sincere condolences from the people and government of Taiwan to the Vatican. The president also instructed Minister of Foreign Affairs Lin Chia-lung (林佳龍) to convey condolences to the Holy See’s Apostolic Nunciature in Taiwan.  

    Details
    2025-04-23
    President Lai meets US CNAS NextGen fellows
    On the morning of April 23, President Lai Ching-te met with fellows from the Shawn Brimley Next Generation National Security Leaders Program (NextGen) run by the Center for a New American Security (CNAS). In remarks, President Lai thanked the government of the United States for continuing its arms sales to Taiwan over the years, supporting Taiwan’s efforts to enhance its national defense capabilities and jointly maintaining peace and stability in the Indo-Pacific region. The president pointed out that we will promote our “Taiwan plus one” policy, that is, new arrangements for Taiwan plus the US, and form a “Taiwan investment in the US team” to expand investment and bring about even closer Taiwan-US trade cooperation, allowing us to reduce the trade deficit and generate development that benefits both sides. A translation of President Lai’s remarks follows: Ms. Michèle Flournoy, chair of the CNAS Board of Directors, is a good friend of Taiwan, and she has made major contributions to Taiwan-US relations through her long-time efforts on various aspects of our cooperation. I am happy to welcome Chair Flournoy, who is once again leading a NextGen Fellowship delegation to Taiwan. CNAS is a prominent think tank focusing on US national security and defense policy based in Washington, DC. Its NextGen Fellowship has fostered talented individuals in the fields of national security and foreign affairs. This year’s delegation is significantly larger than those of the past, demonstrating the increased importance that the next generation of US leaders attach to Taiwan. On behalf of the people of Taiwan, I extend my sincerest welcome to you all. The Taiwan Strait, an issue of importance for our guests, has become a global issue. There is a high degree of international consensus that peace and stability across the Taiwan Strait are indispensable elements in global security and prosperity. Facing military threats from China, Taiwan proposed the Four Pillars of Peace action plan. First, we are actively implementing military reforms, enhancing whole-of-society defense resilience, and working to increase our defense budget to more than 3 percent of GDP. Second, we are strengthening our economic resilience. As Taiwan’s economy must keep advancing, we can no longer put all our eggs in one basket. We are taking action to remain firmly rooted in Taiwan while expanding our global presence and marketing worldwide. In these efforts, we are already seeing results. Third, we are standing side-by-side with other democratic countries to demonstrate the strength of deterrence and achieve our goal of peace through strength. And fourth, Taiwan is willing, under the principles of parity and dignity, to conduct exchanges and cooperate with China towards achieving peace and stability in the Taiwan Strait. This April 10 marked the 46th anniversary of the enactment of the Taiwan Relations Act. We thank the US government for continuing its arms sales to Taiwan over the years, supporting Taiwan’s efforts to enhance its national defense capabilities and jointly maintaining peace and stability in the Indo-Pacific region. We look forward to Taiwan and the US continuing to strengthen collaboration on the development of both our defense industries as well as the building of non-red supply chains. This will yield even more results and further deepen our economic and trade partnership. The US is now the main destination for outbound investment from Taiwan. Moving forward, we will promote our “Taiwan plus one” policy, that is, new arrangements for Taiwan plus the US. And our government will form a “Taiwan investment in the US team” to expand investment. We hope this will bring Taiwan-US economic and trade cooperation even closer and, through mutually beneficial assistance, allow us to generate development that benefits both our sides while reducing our trade deficit. In closing, thank you once again for visiting Taiwan. We hope your trip is fruitful and leaves you with a deep impression of Taiwan. We also hope that going forward you continue supporting Taiwan and advancing even greater development for Taiwan-US ties.  Chair Flournoy then delivered remarks, first thanking President Lai for making time to receive their delegation. Referring to President Lai’s earlier remarks, she said that it is quite an impressive group, as past members of this program have gone on to become members of the US Congress, leading government experts, and leaders in the think-tank world and in the private sector. She remarked that investing in this group is a wonderful privilege for her and that they appreciate President Lai’s agreeing to take the time to engage in exchange with them. Chair Flournoy emphasized that they are visiting Taiwan at a critical moment, when there is so much change and volatility in the geostrategic environment, a lot of uncertainty, and a lot of unpredictability. She stated that given our shared values, our shared passion for democracy and human rights, and our shared interests in peace and stability in the Indo-Pacific region, this is an important time for dialogue, collaboration, and looking for additional opportunities where we can work together towards regional peace and stability.

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    2025-04-18
    President Lai meets US delegation from Senate Foreign Relations Subcommittee on East Asia and the Pacific
    On the afternoon of April 18, President Lai Ching-te met with a delegation led by Senator Pete Ricketts, chairman of the United States Senate Foreign Relations Subcommittee on East Asia, the Pacific, and International Cybersecurity Policy. In remarks, President Lai said we hope to promote our Taiwan plus one policy, that is, new industrial arrangements for Taiwan plus the US, to leverage the strengths of both sides and reinforce our links in such areas as the economy, trade, and technological innovation. The president said that by deepening cooperation, Taiwan and the US will be better positioned to work together on building non-red supply chains. He said a more secure and sustainable economic and trade partnership will allow us to address the challenges posed by geopolitics, climate change, and the restructuring of global supply chains. A translation of President Lai’s remarks follows: I warmly welcome you all to Taiwan. I want to take this opportunity to especially thank Chairman Pete Ricketts and Ranking Member Chris Coons for their high regard and support for Taiwan. Chairman Ricketts has elected to visit Taiwan on his first overseas trip since taking up his new position in January. Ranking Member Coons made a dedicated trip to Taiwan in 2021 to announce a donation of COVID-19 vaccines on behalf of the US government. He also visited last May, soon after my inauguration, continuing to deepen Taiwan-US exchanges. Thanks to support from Chairman Ricketts and Ranking Member Coons, the US Congress has continued to introduce many concrete initiatives and resources to assist Taiwan through the National Defense Authorization Act and Consolidated Appropriations Act, bringing the Taiwan-US partnership even closer. For this, I want to again express my gratitude. There has long been bipartisan support in the US Congress for maintaining security in the Taiwan Strait. Faced with China’s persistent political and military intimidation, Taiwan will endeavor to reform national defense and enhance whole-of-society defense resilience. We will also make special budget allocations to ensure that our defense budget exceeds 3 percent of GDP, up from the current 2.5 percent, so as to enhance Taiwan’s self-defense capabilities. We look forward to Taiwan and the US continuing to work together to maintain peace and stability in the region. We will also promote our Taiwan plus one policy, that is, new industrial arrangements for Taiwan plus the US. We hope to leverage the strengths of both sides and reinforce our links in such areas as the economy, trade, and technological innovation, jointly promoting prosperity and development. We believe that by deepening cooperation through the Taiwan plus one policy, Taiwan and the US will be better positioned to work together on building non-red supply chains. A more secure and sustainable economic and trade partnership will allow us to address the challenges posed by geopolitics, climate change, and the restructuring of global supply chains. In closing, I wish Chairman Ricketts and Ranking Member Coons a smooth and successful visit. Chairman Ricketts then delivered remarks, first thanking President Lai for his hospitality. He said that he and his delegation have had a wonderful time meeting with government officials, industry representatives, and the team at the American Institute in Taiwan. Highlighting that Taiwan has long been a friend and partner of the US, he said their bipartisan delegation to Taiwan emphasizes long-time bipartisan support in the US Congress for Taiwan, and though administrations change, that bipartisan support remains. Chairman Ricketts stated that the US is committed to peace and stability in the Indo-Pacific and that they want to see peace across the Taiwan Strait. He also stated that the US opposes any unilateral change in the status of Taiwan and that they expect any differences between Taiwan and China to be resolved peacefully without coercion or the threat of force. To that end, he said, the US will continue to assist Taiwan in its self-defense and will also step up by bolstering its own defense capabilities, noting that there is broad consensus on this in the US Congress. Chairman Ricketts stated that they want to see Taiwan participate in international organizations and memberships where appropriate, and encourage Taiwan to reach out to current and past diplomatic allies to strengthen those bilateral relationships. He pointed out that the long economic relationship between the US and Taiwan is important for our as well as the entire world’s security and prosperity. He also noted that there are many opportunities for us to continue to grow the economic relationship that will help create more prosperity for our respective peoples and ensure that we are more secure in the world. Chairman Ricketts emphasized that they made this trip early on in the new US administration to work with Taiwan to develop three points: security, diplomatic relations, and the economy. He stated that in the face of rising aggression from communist China, the US will provide commensurate help to Taiwan in self-defense and that they will continue to provide the services and tools needed. In closing, Chairman Ricketts once again thanked President Lai for the hospitality and said he looks forward to dialogue on how we can continue these relationships. Ranking Member Coons then delivered remarks. Mentioning that their delegation also visited the Philippines on this trip, he said that there and in Taiwan, they have been focused on peace, stability, and security, and the ways for deepening and strengthening economic and security relations. He noted that 46 years ago, the US Senate passed the Taiwan Relations Act, adding that it was strongly bipartisan when enacted and that support for it is still strongly bipartisan today. Its core commitment, he said, is that the US will be engaged and will be a partner in ensuring that any dispute or challenge across the strait will be resolved peacefully, and that Taiwan will have the resources it needs for its self-defense. Ranking Member Coons said that between people, friendships are deepest and most enduring when they are based not just on interests but on values, and that the same is true between the US and Taiwan. Free press, free enterprise, free societies, democracy – these core shared values, he said, anchor our friendship and partnership, making them deeper. He remarked that they are grateful for the significant investment in the US being made by companies from Taiwan, but what anchors our partnership, in addition to these important investments and investments being made by Taiwan in its own security, are the values that mobilize our free-enterprise spirit and our commitment to free societies. In Europe in recent years, Ranking Member Coons said, an aggressive nation has tried to change boundaries and change history by force. He said that the US and dozens of countries committed to freedom have come to the aid of Ukraine to defend it, help it stabilize, and secure its future. So too in this region of the world, he added, the US and a bipartisan group in the US Senate are committed to stable, secure, peaceful relations and to deterring any unilateral effort to change the status quo by force. In closing, he said he is grateful for a chance to return to Taiwan after the pandemic and that he looks forward to our conversation, our partnership, and the important work we have in front of us. The delegation was accompanied to the Presidential Office by American Institute in Taiwan Taipei Office Director Raymond Greene.

    Details
    2025-04-06
    President Lai delivers remarks on US tariff policy response
    On April 6, President Lai Ching-te delivered recorded remarks regarding the impact of the 32 percent tariff that the United States government recently imposed on imports from Taiwan in the name of reciprocity. In his remarks, President Lai explained that the government will adopt five response strategies, including making every effort to improve reciprocal tariff rates through negotiations, adopting a support plan for affected domestic industries, adopting medium- and long-term economic development plans, forming new “Taiwan plus the US” arrangements, and launching industry listening tours. The president emphasized that as we face this latest challenge, the government and civil society will work hand in hand, and expressed hope that all parties, both ruling and opposition, will support the measures that the Executive Yuan will take to open up a broader path for Taiwan’s economy. A translation of President Lai’s remarks follows: My fellow citizens, good evening. The US government recently announced higher tariffs on countries around the world in the name of reciprocity, including imposing a 32 percent tariff on imports from Taiwan. This is bound to have a major impact on our nation. Various countries have already responded, and some have even adopted retaliatory measures. Tremendous changes in the global economy are expected. Taiwan is an export-led economy, and in facing future challenges there will inevitably be difficulties, so we must proceed carefully to turn danger into safety. During this time, I want to express gratitude to all sectors of society for providing valuable opinions, which the government regards highly, and will use as a reference to make policy decisions.  However, if we calmly and carefully analyze Taiwan’s trade with the US, we find that last year Taiwan’s exports to the US were valued at US$111.4 billion, accounting for 23.4 percent of total export value, with the other 75-plus percent of products sold worldwide to countries other than the US. Of products sold to the US, competitive ICT products and electronic components accounted for 65.4 percent. This shows that Taiwan’s economy does still have considerable resilience. As long as our response strategies are appropriate, and the public and private sectors join forces, we can reduce impacts. Please do not panic. To address the reciprocal tariffs by the US, Taiwan has no plans to adopt retaliatory tariffs. There will be no change in corporate investment commitments to the US, as long as they are consistent with national interests. But we must ensure the US clearly understands Taiwan’s contributions to US economic development. More importantly, we must actively seek to understand changes in the global economic situation, strengthen Taiwan-US industry cooperation, elevate the status of Taiwan industries in global supply chains, and with safeguarding the continued development of Taiwan’s economy as our goal, adopt the following five strategies to respond. Strategy one: Make every effort to improve reciprocal tariff rates through negotiations using the following five methods:  1. Taiwan has already formed a negotiation team led by Vice Premier Cheng Li-chiun (鄭麗君). The team includes members from the National Security Council, the Office of Trade Negotiations, and relevant Executive Yuan ministries and agencies, as well as academia and industry. Like the US-Mexico-Canada free trade agreement, negotiations on tariffs can start from Taiwan-US bilateral zero-tariff treatment. 2. To expand purchases from the US and thereby reduce the trade deficit, the Executive Yuan has already completed an inventory regarding large-scale procurement plans for agricultural, industrial, petroleum, and natural gas products, and the Ministry of National Defense has also proposed a military procurement list. All procurement plans will be actively pursued. 3. Expand investments in the US. Taiwan’s cumulative investment in the US already exceeds US$100 billion, creating approximately 400,000 jobs. In the future, in addition to increased investment in the US by Taiwan Semiconductor Manufacturing Company, other industries such as electronics, ICT, petrochemicals, and natural gas can all increase their US investments, deepening Taiwan-US industry cooperation. Taiwan’s government has helped form a “Taiwan investment in the US” team, and hopes that the US will reciprocate by forming a “US investment in Taiwan” team to bring about closer Taiwan-US trade cooperation, jointly creating a future economic golden age.  4. We must eliminate non-tariff barriers to trade. Non-tariff barriers are an indicator by which the US assesses whether a trading partner is trading fairly with the US. Therefore, we will proactively resolve longstanding non-tariff barriers so that negotiations can proceed more smoothly. 5. We must resolve two issues that have been matters of longstanding concern to the US. One regards high-tech export controls, and the other regards illegal transshipment of dumped goods, otherwise referred to as “origin washing.” Strategy two: We must adopt a plan for supporting our industries. For industries that will be affected by the tariffs, and especially traditional industries as well as micro-, small-, and medium-sized enterprises, we will provide timely and needed support and assistance. Premier Cho Jung-tai (卓榮泰) and his administrative team recently announced a package of 20 specific measures designed to address nine areas. Moving forward, the support we provide to different industries will depend on how they are affected by the tariffs, will take into account the particular features of each industry, and will help each industry innovate, upgrade, and transform. Strategy three: We must adopt medium- and long-term economic development plans. At this point in time, our government must simultaneously adopt new strategies for economic and industrial development. This is also the fundamental path to solutions for future economic challenges. The government will proactively cooperate with friends and allies, develop a diverse range of markets, and achieve closer integration of entities in the upper, middle, and lower reaches of industrial supply chains. This course of action will make Taiwan’s industrial ecosystem more complete, and will help Taiwanese industries upgrade and transform. We must also make good use of the competitive advantages we possess in such areas as semiconductor manufacturing, integrated chip design, ICT, and smart manufacturing to build Taiwan into an AI island, and promote relevant applications for food, clothing, housing, and transportation, as well as military, security and surveillance, next-generation communications, and the medical and health and wellness industries as we advance toward a smarter, more sustainable, and more prosperous new Taiwan. Strategy four: “Taiwan plus one,” i.e., new “Taiwan plus the US” arrangements: While staying firmly rooted in Taiwan, our enterprises are expanding their global presence and marketing worldwide. This has been our national economic development strategy, and the most important aspect is maintaining a solid base here in Taiwan. We absolutely must maintain a solid footing, and cannot allow the present strife to cause us to waver. Therefore, our government will incentivize investments, carry out deregulation, and continue to improve Taiwan’s investment climate by actively resolving problems involving access to water, electricity, land, human resources, and professional talent. This will enable corporations to stay in Taiwan and continue investing here. In addition, we must also help the overseas manufacturing facilities of offshore Taiwanese businesses to make necessary adjustments to support our “Taiwan plus one” policy, in that our national economic development strategy will be adjusted as follows: to stay firmly rooted in Taiwan while expanding our global presence, strengthening US ties, and marketing worldwide. We intend to make use of the new state of supply chains to strengthen cooperation between Taiwanese and US industries, and gain further access to US markets. Strategy five: Launch industry listening tours: All industrial firms, regardless of sector or size, will be affected to some degree once the US reciprocal tariffs go into effect. The administrative teams led by myself and Premier Cho will hear out industry concerns so that we can quickly resolve problems and make sure policies meet actual needs. My fellow citizens, over the past half-century and more, Taiwan has been through two energy crises, the Asian financial crisis, the global financial crisis, and pandemics. We have been able to not only withstand one test after another, but even turn crises into opportunities. The Taiwanese economy has emerged from these crises stronger and more resilient than ever. As we face this latest challenge, the government and civil society will work hand in hand, and I hope that all parties in the legislature, both ruling and opposition, will support the measures that the Executive Yuan will take to open up a broader path for Taiwan’s economy. Let us join together and give it our all. Thank you.

    MIL OSI Asia Pacific News