NewzIntel.com

Category: Australia

  • MIL-OSI: Canadian General Investments: Investment Update – Unaudited

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Canada, Feb. 05, 2025 (GLOBE NEWSWIRE) — Canadian General Investments, Limited (CGI) (TSX:CGI) (LSE: CGI) reports on an unaudited basis that its net asset value per share (NAV) at January 31, 2025 was $70.79 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 2.1% and 26.3%, respectively. These compare with the 3.5% and 25.2% returns of the benchmark S&P/TSX Composite Index on a total return basis for the same periods.

    The Company employs a leveraging strategy, by way of bank borrowing, with the intent to enhance returns to common shareholders. As at January 31, 2025, the leverage represented 13.5% of CGI’s net assets, down from 13.8% at the end of 2024 and 14.7% at January 31, 2024.

    The closing price for CGI’s common shares at January 31, 2025 was $39.75, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -1.8% and 14.0%, respectively.

    The sector weightings of CGI’s investment portfolio at market as of January 31, 2025 were as follows:

         
    Information Technology 23.7 %
    Industrials 22.7 %
    Financials 13.9 %
    Energy 11.7 %
    Materials 11.4 %
    Consumer Discretionary 9.9 %
    Real Estate 4.2 %
    Cash & Cash Equivalents 1.9 %
    Communication Services 0.6 %
         

    The top ten investments which comprised 37.0% of the investment portfolio at market as of January 31, 2025 were as follows:

         
    The Descartes Systems Group Inc. 4.0 %
    TFI International Inc. 4.0 %
    Canadian Pacific Kansas City Limited 4.0 %
    NVIDIA Corporation 3.9 %
    Celestica Inc. 3.7 %
    Apple Inc. 3.5 %
    Shopify Inc. 3.5 %
    WSP Global Inc. 3.5 %
    Mastercard Incorporated 3.5 %
    Franco-Nevada Corporation 3.4 %
         

    FOR FURTHER INFORMATION PLEASE CONTACT:
    Jonathan A. Morgan
    President & CEO
    Phone: (416) 366-2931
    Fax: (416) 366-2729
    e-mail: cgifund@mmainvestments.com
    website: www.canadiangeneralinvestments.ca

    The MIL Network –

  • MIL-OSI Security: Assistant Attorney General Leslie R. Caldwell Delivers Remarks at the 12th Annual State of the Net Conference

    Source: United States Attorneys General 13

    Remarks as prepared for delivery

    Good morning. The Attorney General apologizes for not being able to be here today.  She was at the World Economic Forum in Switzerland – addressing cybercrime issues – and, unfortunately, unable to get back to D.C. in time for this because of the snowstorm.

    Thank you, Tim [Lordan], for that warm welcome, and for your leadership of the Internet Education Foundation (IEF).  I also want to thank the IEF for the invaluable services you have provided since your organization was founded nearly two decades ago – and that you continue to provide today.  Through this conference series, you bring together industry leaders, dedicated experts and devoted public servants to explore how we can harness new technologies to build more empowered communities and a stronger nation.

    As the Assistant Attorney General of the Criminal Division, my foremost task in the cyber area is the vigorous, fair and effective enforcement of our cyber laws.  The Justice Department does that by finding ways to protect our networks against evolving threats, by thwarting bad actors online, and by ensuring that both our security and our liberties remain as strong in the digital age as they have been throughout our history. 

    Essentially, we are focused on a question that President Obama posed in his State of the Union address a few weeks ago: How do we make technology work for us, and not against us? 

    In our age of rapid change and constant disruption, that question is relevant to almost every aspect of our lives, including law enforcement and national security.

    There is no doubt that technology has both expanded and complicated our capacity to detect, investigate and prosecute crimes.  Today, by using new technologies, we can analyze some types of evidence with unprecedented speed and accuracy, and coordinate with partners around the world in real time. 

    But as law enforcers have become better equipped, so have the law breakers we’re working to disrupt.  Digital technology has transformed how police and prosecutors do our jobs, but it has also transformed how wrongdoers commit their crimes.  Our bank accounts and personal information now exist online, tempting thieves and fraudsters. 

    The greater anonymity of cyberspace gives cover to drug dealers and arms traffickers.  Dark websites are used to circulate illicit content, like images of child sexual exploitation and stolen credit cards. 

    Communication is frequently by instant message and email, so there are no actual paper trails, but rather virtual ones in data stored on digital devices, hard drives and in the cloud.  And it isn’t just criminals who exploit the Internet for nefarious purposes. 

    The web also hosts groups and individuals who seek to harm our core security interests – from state-sponsored hackers conducting economic espionage; to rogue militants and official cyber warfare units targeting our infrastructure; to terrorist groups plotting attacks, radicalizing recruits and spreading hateful ideologies.

    These emerging threats require nimble, innovative and adaptive responses, and at the Department of Justice, we are committed to doing our part to ensure that law enforcement stays a step ahead of bad actors. 

    The FBI continues to investigate cyber intrusions and national security threats while monitoring individuals, organized groups and state actors who might attempt to steal sensitive data or inflict harm.  We recently created a Cybersecurity Unit within our Criminal Division, staffed with experienced prosecutors fluent in the law, policy and practice of cybercrime prevention. 

    And the Bureau of Alcohol, Tobacco, Firearms and Explosives has established an Internet Investigations Center (known as IIC) where federal agents, legal counsel and investigators track and counter illegal online firearms trafficking.  The IIC – which was highlighted in the president’s recent recommendations to curb gun violence – has already identified a number of significant traffickers operating over the Internet, and their work has led to prosecutions against individuals and groups using the “dark net” to traffic guns to criminals or attempting to buy firearms illegally online. 

    Of course, the Department of Justice’s work to combat cybercrime is enhanced through our collaboration with law enforcement partners in other agencies, such as the U.S. Secret Service and U.S. Postal Inspection Service.  And we are working to enhance cybersecurity and information sharing through our work with the Department of Homeland Security.

    These are important steps to protect our online information and to combat crime here at home – but with an entity as vast and complex as the Internet, we must also reach beyond our own borders to partner with other countries.  And that’s exactly what we’ve done. 

    In the last fiscal year, the FBI’s Cyber Division embedded three permanent Cyber Assistant Legal Attachés in the United Kingdom, Canada and Australia to help facilitate information-sharing, improve cooperation on investigations and build even stronger relationships with our allies. 

    We recently placed a Criminal Division prosecutor with Eurojust in The Hague and one in Southeast Asia.  These positions will help to facilitate information-sharing, improve cooperation on investigations and build even stronger relationships with our law enforcement partners in other countries.

    We’ve also created a cyber unit in our Office of International Affairs (OIA) dedicated to responding to and executing requests for electronic evidence from foreign authorities – requests that have increased by 1,000 percent over the last decade. 

    To help manage that significant growth, we have been actively hiring additional attorneys and professional staff for OIA’s Mutual Legal Assistance Treaty Modernization Project, and we hope to continue expanding our ability to help our overseas counterparts.  And we are providing critical, real-time assistance to foreign counterparts through the 24/7 Points of Contact Network established by the Group of Seven Nations and by the Budapest Cybercrime Convention – a convention that, I am pleased to note, continues to be joined by countries around the world committed to fighting cybercrime.

    Partnerships like these don’t just cultivate closer connections with our friends and allies – they also get results.  In 2012, we participated in a multinational sweep of child-pornography websites, ultimately dismantling more than 200 websites that sexually exploited children. 

    In November 2014, we joined more than 15 countries under the auspices of the European Cybercrime Centre – or EC3 – to launch Operation Onymous, which shuttered a number of so-called “dark market websites” peddling drugs, weapons, stolen credit card data, fake passports and computer-hacking tools. 

    And this past July, our joint effort with EC3 shut down the Darkode hacking forum – an underground site where hackers convened to buy, sell and trade malicious software, botnets, intrusion tools and stolen personal information.  That operation involved a coalition of 20 nations, led by the U.S. Department of Justice and EC3, and allowed us to charge, arrest or search 70 Darkode members and associates around the world. 

    The Justice Department will continue to work with foreign law enforcement agencies to prevent and prosecute groups and individuals that illegally use the Internet for crime and exploitation.  Of course, as we seek to ensure the safety and integrity of our devices, databases and networks, it is crucial that we work closely not only with other law enforcement officers, but also with the people who create and design these products themselves – the executives, entrepreneurs and engineers who make America’s tech sector the envy of the world. 

    Our collaboration has been instrumental in a range of important victories, including the takedown of the GameOver Zeus Botnet, an operation in which technology and data-security companies played an invaluable role.  We are committed to building on those successes by maintaining strong partnerships with the private sector. 

    That’s why the department has placed a high priority on entities like the FBI’s National Cyber Investigative Joint Task Force, which enables collaboration across government to respond to computer intrusions and attacks, and the National Cyber-Forensics & Training Alliance, which brings together law enforcement, private partners and experts in academia to address the cyber threats we face together. 

    And it’s why the Attorney General and I have been meeting regularly with industry leaders to foster cooperation and discuss urgent issues – including last week at the World Economic Forum in Switzerland, where the Attorney General joined with industry leaders to endorse five recommendations for enhancing public/private partnerships to fight cybercrime.  We will continue to reach out to representatives of the tech industry, and our door is always open to new ideas for combatting cybercrime and online extremism. 

    One area where cooperation between the government and the private sector is especially important is in addressing the growing problem of the government’s inability to obtain critical information in electronic form even when we have court authorization to do so.  This is the problem known as “going dark.” 

    While investigations used to rely on physical evidence – like handwritten notes, or documents stored in filing cabinets – as you can imagine, in the 21st century that kind of evidence is growing scarce.  Our ability to track and prosecute criminals now often depends on instant messages, emails and other forms of digital information.  In fact, nearly every criminal investigation we undertake at the federal level relies on electronic evidence. 

    But as new ways of using encryption become an increasingly standard feature of personal electronic devices and messaging platforms, companies are losing the ability to respond to lawful processes.  Those materials are increasingly inaccessible to law enforcement officers, even when we have a warrant to examine them.  And we find ourselves facing obstacles which can stop our investigations and prosecutions in their tracks.

    The security of our online information is critically important, and so is the legal process that protects our values and our safety.  These are complementary, not competing priorities.  After all, digital security is a vital tool, but it is not a cure-all – especially when it impedes our ability to protect ourselves and each other in the physical world. 

    The Department of Justice is completely committed to seeking and obtaining judicial authorization for electronic evidence collection in all appropriate circumstances.  But once that authorization is obtained, we need to be able to act on it if we are to keep our communities safe and our country secure. 

    From gang activity to child abductions to national security threats, the ability to access electronic evidence in a timely manner is often essential to successfully conducting lawful investigations and preventing harm to potential victims. 

    As FBI Director [James] Comey recently said, in May, two terrorists attempted to kill a lot of people.  One of the terrorists exchanged 109 messages with an overseas terrorist.  We have no idea what he said because it was encrypted.  That is a big problem.  We have to grapple with it.

    That’s why the Justice Department and organizations like the International Association of Chiefs of Police, the National District Attorneys Association and the Major Cities Chiefs Association feel strongly that there needs to be a way for law enforcement to retrieve critical information in cases where it’s necessary and authorized.  We are committed to working with innovators, leaders and problem-solvers like you to figure out how we can best meet this public need together.

    Of course, our interest in working together with you extends beyond this particular issue.  The Internet has so fundamentally changed the way we live our lives that there are times when institutions like law enforcement must evolve.  And as we seek to adapt to this new reality in a wide variety of ways, your creativity, your expertise and your leadership can help us ensure that the innovations we enjoy will benefit and protect the American people – and not those who would harm them or their liberties and rights.

    We understand that this is no easy task.  These are novel and difficult challenges.  But what makes us confident about our ability to succeed is that, throughout our history, this country has always found a way to move forward while retaining the values that make us who we are.  We are certain that we will do the same in the digital age.  And together, we will build a brighter, safer and more prosperous future for all.

    Thank you for your ongoing cooperation in that effort, and for your commitment to our shared goals.  I look forward to all that we will accomplish – together – in the weeks and months ahead.

    MIL Security OSI –

  • MIL-OSI Security: Principal Deputy Associate Attorney General Bill Baer Delivers Remarks Highlighting Elder Justice at the State Of Financial Fraud in America Event

    Source: United States Attorneys General 13

    Remarks as prepared for delivery

    Thank you Robert for that kind introduction and for your leadership and dedication as CEO of Financial Industry Regulatory Authority (FINRA).  And thank you to the Stanford Center on Longevity and the FINRA Investor Education Foundation, for hosting this conference and for the great work that you do.  It is an honor to join with the many people in this audience who dedicate their lives to combatting financial fraud and protecting elderly Americans.  This is a noble and enduring effort.   

    As many people here know, financial fraud targeted at the elderly is a serious problem.  At the beginning of 2011, the first Baby Boomers reached the age of 65.  I reached that milestone myself just last year.  Indeed, 10,000 Americans turn 65 every day, and the percentage of Americas over 65 is growing.  5.8 percent of this group experiences identity theft in a given year.  I had that ugly experience just last month. 13.8 percent experiences consumer fraud in a given year.  4.5 percent of people over 50 experience financial fraud in a five-year period.  While there are varying accounts about how much the overall financial loss is, it is well into the billions of dollars.  

    Statistics aside, we are here together because we know all too well that this is a problem that takes a personal toll.  Almost all of us know someone who has been the victim of financial fraud.  And while it affects people of all ages, it can be especially devastating for elderly people, many of whom are dependent on their savings and are concerned about their own mental decline or other people’s perception of their mental decline.  

    I recently saw letters written by the victims of a set of schemes that we took action against.  One described having sent “hundreds of checks” for a company’s “great offers” and tried to explain to the fraudster that “due to bad eyes, [he] has to use magnifying glasses to read” and had “been caught paying many times for th[e] very same offer.”  Another, believing that the con men would send him a promised gift, tried to explain that he had sent his prior payments by money order and was now enclosing cash, “all [he] can send.”  Another explained that when she gets the vast inheritance she’d been promised, she would use it to help her family, the homeless and needy children.   

    The nature and scope of elder fraud varies tremendously.  At the Department of Justice, we see small, family based schemes, such as caregivers tricking elderly victims out of their savings or abusing powers of attorney.  We see institutional schemes, such as nursing homes that provide unnecessary services or bill for services never provided.  And we see global fraud networks that are—quite literally—organized crime.  These schemes involve networks of businesses with careful divisions of labor.  They target millions of Americans, maintain lists of victims, and, once someone has been duped, target those people again and again. One recent victim wrote a letter explaining: “Each day I keep getting more and more offers and it’s almost impossible for me to keep up with them.” 

    Large and diverse problems like this require broad based solutions.  We at the Department of Justice know we can’t solve this problem alone.  Coordination is essential not only with our federal partners, but with local, state and international authorities.  And public and private partnerships are key to our understanding of the scope of the problem and to the lasting success of any solution.

    Research into basic questions, such as why are elderly people vulnerable, and how can we detect fraud and abuse, is critical to attacking the problem.  The FINRA Foundation and Stanford Center on Longevity launched the Financial Fraud Research Center five years ago.  As some of your ongoing research has demonstrated, there is a natural decline in cognition as people age, especially ability to think fast and process new information.  The elderly are sometimes lonely or otherwise socially isolated. Some are uncomfortable with technology.  Many have pools of relatively liquid retirement assets.  Some are dependent on caregivers.  All of these factors make the elderly particularly susceptible to certain schemes. 

    There is much more to learn.  The Department of Justice has invested in partnerships to help us all better understand the causes and risk factors associated with elder financial exploitation.  For example, just a few weeks ago, we announced an award of nearly $800,000 to the Urban Institute and the University of Southern California to develop and test prevention programs that will address elder abuse, neglect and financial exploitation.  To enhance our understanding of financial exploitation by conservators and guardians, last year our Office for Victims of Crime funded a project to search for innovative, evidence-based programs and practices that successfully detect and remedy conservator fraud.  And people like you are furthering our understanding.  This conference is highlighting emerging research on susceptibility to fraud and fraud prevention.

    Beyond efforts to understand how and why elder fraud occurs, continuing dedication to enforcement is required to stop it.   This is not a partisan issue.  We have seen Democratic and Republican administrations alike express a shared commitment to using all tools in the Department of Justice’s enforcement arsenal.  Back in the 1990s, under Attorney General Reno, the Department of Justice created the Elder Justice Initiative to centralize information, facilitate training, and coordinate within the Department and across the federal government.  During the Bush Administration, the Department of Justice initiated an elder mistreatment research grant program, funding cutting edge research on elder abuse and financial exploitation that continues today.

    During this Administration, Congress created the Elder Justice Coordinating Council as part of the Affordable Care Act to facilitate interagency cooperation at the highest of levels.  At the Department of Justice, we formed the Attorney General’s Advisory Committee’s Elder Justice Working Group, which is comprised of U.S. Attorneys from across the country who are dedicated to improving our information sharing on financial scams targeting the elderly.  And just this year, we created ten regional Elder Justice Task Forces that operate throughout the country, partnering with state and local law enforcement and prosecutors to enhance our collective response to elder financial fraud and abuse. 

    Our Elder Justice Initiative has also been assisting with community capacity building.  This includes supporting the training of local law enforcement and prosecutors.  And to enhance civil legal aid to seniors, in June 2016, the Department of Justice, in collaboration with the Corporation for National and Community Service, launched the Elder Justice AmeriCorps, the first-ever army of lawyers and paralegals to help elderly victims of abuse and exploitation.  The program will support 300 AmeriCorps members throughout the country and is expected to reach over 8,000 older adults over the next two years.

    A multi-faceted problem requires coordination between different federal agencies; it demands a whole of government approach.  Mail is involved; we must coordinate with the Postal Inspection Service.  Money is involved; we must coordinate with the Treasury Department.  People target the elderly; we must coordinate with agencies that serve the elderly, such as the Social Security Administration.  

    And more and more, we are seeing schemes that are highly complex and global.  Stopping these schemes require extensive cooperation—not just with state and local authorities, but also across the federal government and with our international counterparts.  For example, the Department of Justice’s Consumer Protection Branch co-chairs the International Mass-Marketing Fraud Working Group, a network of civil and criminal law enforcement agencies from Australia, Belgium, Canada, Europol, the Netherlands, Nigeria, Norway, Spain, the United Kingdom and the United States.  

    We can point to meaningful progress.  In the past several years, we have successfully shut down several international lottery scams where con men and women have contacted elderly victims in the United States, told the victims they won cash and prizes, and persuaded them to send thousands of dollars in fees to release the money.  Of course, the victims never received cash or prizes in return.  In a series of cases, perpetrators made calls from Jamaica using Voice Over Internet Protocol technology that made it appear as if the calls were coming from the United States.  They convinced victims to send money to middlemen in South Florida and North Carolina, who forwarded the money to Jamaica.  We have had great success breaking up these networks through joint efforts between Jamaican law enforcement and U.S. agencies including the Postal Inspection Service, Department of Homeland Security, U.S. Marshals Service, Federal Trade Commission and Internal Revenue Service.  Since 2009, the Department of Justice has prosecuted or is prosecuting over 100 individuals linked to such lottery schemes, and has convicted and sentenced over 40 defendants.

    We have had similar success going after global “psychic schemes.”  Con men and women send letters purportedly written by “world-renowned psychics” stating that they had a vision revealing that the recipient has the opportunity to obtain great wealth.  The letters appear personalized, refer to the recipient by name, and often contain portions that appear handwritten.  The solicitations urge victims to purchase products and services that will ensure this good fortune.  Investigations by the Department of Justice and Postal Inspection Service, among others, revealed the complexity of these schemes.  Not only were there the fraudsters themselves, but there were separate companies performing different roles, such as processing victim payments and maintaining databases of consumers who responded to solicitations.  In a two-week period, one company in the United States processed as much as $500,000 in payments for just one psychic scheme.  We have discovered similar companies in Quebec, Hong Kong, Switzerland and France.  

    Perhaps the most significant example of cooperation to date were our wide-ranging enforcement actions taken in September of this year to dismantle a global network of mass mailing schemes targeting elderly and vulnerable victims.  The schemes involved a network with components in Canada, France, India, the Netherlands, Singapore, Switzerland, Turkey and the United States.   The network included an India-based printer that manufactured solicitations and arranged for bulk shipment to U.S. victims; a mailer in Switzerland; list brokers in the United States who bought and sold lists of victims so that once victims had fallen prey, others could target them; a “caging” service in the Netherlands that collected money; and a Canadian payment processor that, for more than 20 years, helped dozens of international fraudsters gain access to U.S. banks and take money from Americans.  Stopping this network involved coordination between the Department of Justice, Department of Treasury, Postal Inspection Service, Federal Trade Commission, Iowa Attorney General’s office and counterparts in other countries.  Just to give you a sample of the coordinated actions, on Sept. 22, 2016: 

    • The Treasury Department’s Office of Foreign Assets Control blocked assets from the Canadian payment processor and a network of individuals and entities across 18 countries.
    • The Justice Department filed criminal charges and a civil injunction against a Turkish mass mailer. 
    • The Justice Department brought a series of civil actions to shut down companies based in the United States, India, Switzerland and Singapore.  These companies were responsible for mailing millions of multi-piece solicitations to potential victims throughout the United States.  
    • The Justice Department entered into a consent decree with two Dutch “caging” businesses that collected and forward money.  Our efforts were coordinated with Dutch authorities who executed search warrants on the businesses and took control of the Dutch post office boxes used to receive victims’ funds.   
    • The Federal Trade Commission filed a case against a related mass-mailer, printer, and list broker.  
    • The Iowa Attorney General negotiated a compliance agreement with two firms that brokered victim lists.

    Of course, what matters even more than going after these schemes is preventing people from falling prey in the first place.  Here too, federal agencies are working in cooperation and dedicated to the effort.   The Department of Justice has distributed educational materials about these kinds of scams, the U.S. Postal Inspection Service has developed an electronic press kit for media outlets, my former colleagues at the Federal Trade Commission operate a “Pass It On” campaign that encourages people to share information about frauds that affect older Americans, the Social Security Administration is educating beneficiaries through its network of over 1,200 field offices nationwide, and the Consumer Financial Protection Bureau has produced a mail fraud alert placemat in coordination with Meals on Wheels America to distribute to seniors nationwide.  Similarly, private organizations that work in the area of elder justice and consumer protection are doing their part.  For example, AARP will be posting information through its Fraud Watch Network.  And the Consumers Union, the policy arm of Consumer Reports, is alerting consumers about a variety of elder scams.  

    Going forward, the Department of Justice will continue to work with private, local, state, federal and global partners.   And we urge all of you to tell us where the Department can do more.  The federal government’s work on behalf of the elderly began long before this Administration, and it will continue long after.  I expect that my successors, and my successors’ successors, will share our commitment to making sure our parents, grandparents and friends age with grace and dignity.  And I look forward to all of you, who have worked so hard in this area, working with the next Administration to combat financial fraud and protect elderly Americans.  Thank you again for having me here today.  

    MIL Security OSI –

  • MIL-OSI: Outcrop Silver to Present at the Metals & Mining Virtual Investor Conference

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, Feb. 05, 2025 (GLOBE NEWSWIRE) — Outcrop Silver (TSXV: OCG, OTCQX: OCGSF, DE: MRG) (“Outcrop Silver”) today announced that Ian Harris, President and CEO, will participate in the Metals & Mining Virtual Investor Conference on February 12-13, 2025.

    PRESENTATION DATE: February 12, 2025
    TIME: 3:00 pm ET
    LINK: https://bit.ly/3WN4CNo

    Outcrop Silver invites individual and institutional investors, as well as advisors and analysts, to attend real-time, interactive presentations on VirtualInvestorConferences.com

    Investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    The management team is available for 1×1 meetings.

    It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.

    Investors can learn more about the event at www.virtualinvestorconferences.com.
    Details of these and other investor events are available on the “Events” section of Outcrop Silver’s website at www.outcropsilver.com

    Company Highlights

    • Flagship Project: Advancing the high-grade Santa Ana primary silver project in Colombia, recognized as one of the world’s highest grade primary silver projects.
    • Resource Quality: Indicated resource grade stands at 614 g/t AgEq.
    • Resource Categorization: 64% of the silver equivalent ounces are classified as indicated.
    • Resource Composition: The total mineral resources comprise 73% silver and 27% gold
    • Metallurgical Excellence: Achieved outstanding recoveries of 96.3% for silver and 98.5% for gold through advanced gravimetric and flotation methods.
    • Pathway to Growth: Recent drilling extended high-grade mineralization by 9 kilometres south of the resource area. Ongoing expansion drilling is complemented by efforts to de-risk the project through strengthened ESG performance, engineering advancements, and permitting progress.

    About Outcrop Silver

    Outcrop Silver is a leading explorer and developer focused on advancing its flagship Santa Ana high-grade silver project in Colombia. Leveraging a disciplined and seasoned team of professionals with decades of experience in the region, Outcrop Silver is dedicated to expanding current mineral resources through strategic exploration initiatives.

    At the core of our operations is a commitment to responsible mining practices and community engagement, underscoring our approach to sustainable development. Our expertise in navigating complex geological and market conditions enables us to consistently identify and capitalize on opportunities to enhance shareholder value. With a deep understanding of the Colombian mining landscape and a track record of successful exploration, Outcrop Silver is poised to transform the Santa Ana project into a significant silver producer, contributing positively to the local economy and setting new standards in the mining industry.

    CONTACTS:
    Outcrop Silver
    Ian Harris, Chief Executive Officer                       Kathy Li, Vice President Investor Relations
    +1 604 638 2545                                                       +1 778 783 2818
    harris@outcropsilver.com                                     li@outcropsilver.com www.outcropsilver.com

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    The MIL Network –

  • MIL-OSI Security: Deputy Attorney General Rod Rosenstein Delivers Remarks at the Interpol 87th General Assembly

    Source: United States Attorneys General 13

    Remarks as prepared for delivery

    It is a privilege to join you at this 87th INTERPOL General Assembly.  I am grateful to the United Arab Emirates for hosting our conference. Thank you President Kim Jong Yang for your exceptional leadership and for providing stability to INTERPOL.  

    Our theme this year is innovation.  Many digital innovations affect law enforcement, from the rise of cybercrime, to the increasing importance of electronic evidence, to encryption and the dark net. 

    In addressing these innovations, we must respect the primary value that is constant in our work: the rule of law.  Law provides the framework for civilized people to conduct their lives.  At its best, law reflects moral choices; principled decisions that promote the best interests of society, and protect the fundamental rights of citizens. 

     The term “rule of law” describes the government’s obligation to follow neutral principles and fair processes. The ideal dates at least to the time of Greek philosopher Aristotle, who wrote, “It is more proper that law should govern than any one of the citizens: upon the same principle, if it is advantageous to place the supreme power in some particular persons, they should be appointed to be only guardians, and the servants of the law.”

    The rule of law is indispensable to a thriving and vibrant society.  It shields citizens from government overreach.  It allows businesses to invest with confidence.  It gives innovators protection for their discoveries.  It keeps people safe from dangerous criminals.  And it allows us to resolve differences peacefully through reason and logic.

    When we follow the rule of law, it does not always yield the outcome that we prefer. In fact, one indicator that we are following the law is when we respect a result although we do not agree with it. We respect it because it is required by an objective analysis of the facts and a rational application of the rules.

    The rule of law is not simply about words written on paper.  The culture of a society and the character of the people who enforce the law determine whether the rule of law endures.

    Since we met last year in Beijing, the news media has reported several prominent challenges to the rule of law, including the lawless attacks on Sergei and Yulia Skripal and Jamal Khashoggi.  Last month, international attention focused on INTERPOL, as a result of the disappearance of President Meng Hongwei.  Such events give rise to questions about whether our member countries abide by shared principles.  In evaluating our actions at this General Assembly, observers may ask whether our votes reflect the values that we profess. We must stand for the rule of law.  

    INTERPOL exists to promote international police coordination and discourage departures from the law. We represent diverse forms of government. But if we serve with integrity, each of us functions as a trustee for our fellow citizens.

    When our successors look back on how we dealt with the issues of our era, they will ask whether we honored our fiduciary duties.

    First, did we develop the knowledge to understand our challenges?

    Second, did we inculcate the wisdom to solve them?

    Third, did we demonstrate the courage to defend our principles?

    Fourth, did we maintain the resolve to achieve our goals?

    I traveled here to speak about INTERPOL’s role in responding to the major innovation of our lives: the rise of a cyber-connected world. 

    The Internet holds immeasurable promise as a repository of ideas, and as a forum for speech and commerce.  It connects citizens across cultures and countries.  It is accessible to the rich and the poor, the powerful and the powerless.  It creates efficiencies and innovations that immensely improve our lives.

    But like every innovation that offers opportunities for good, the Internet also can be exploited by wrongdoers. Today, there is a growing divergence between the Internet as it is, and the Internet as it could be.

    Malicious actors use the Internet for evil ends.  Cyber criminals employ modern technologies to damage information systems, steal data, commit fraud, violate privacy, attack critical infrastructure, and sexually exploit children. They also launch misleading schemes to influence people’s opinions, seeking to foment division and disrupt democratic processes.

    The Internet enables attacks on businesses, government agencies, and individual citizens that cause damage costing billions of dollars.  And new technologies allow criminals to conceal themselves, which frustrates law enforcement’s efforts to keep honest citizens safe. 

    We must acknowledge the divergence between the Internet in theory and the Internet in practice. Closing that gap will ensure the viability of an open Internet governed by the rule of law.

    Enforcing the law on the Internet requires rapid and accurate detection of criminal activity; cooperation among law enforcers from different nations; prosecution of accused criminals in judicial systems that provide due process of law; and just punishment of guilty offenders.  It means not tolerating virtual online locations where crime is unchallenged.  It means not condoning physical safe havens for cyber criminals.

    Detecting, disrupting, deterring, and prosecuting malicious cyber activity are among our highest law enforcement priorities in the United States.  The cyber threats we face are varied and evolving, and our resolve to keep our people safe must extend to every corner of the Internet.

    My office recently issued a comprehensive report about our work to combat cybercrime.  It describes the global challenges posed by cyber-enabled crime.  It explains how hostile cyber actors damage computer systems, steal data, engage in cyber fraud, violate personal privacy, infiltrate critical infrastructure, and pursue malign foreign influence operations.  The report also details our efforts to detect and disrupt those threats, and our commitment to inform citizens about the dangers.

    The perceived anonymity of the Internet attracts many criminals, including terrorists and those trafficking in child pornography, illicit weapons, illegal and deadly drugs, murder-for-hire, malware, and stolen identities.  The barriers to entry are low.  Criminal opportunities are on offer for anyone with an Internet browser and an inclination to break the law.  

    Yet our police agencies repeatedly demonstrate that with the support of international partners, we can find and dismantle malign internet operations.  We identify anonymous users who commit illegal activity, seize their infrastructure and proceeds, and pursue criminal charges against them.  Criminals operating on the dark web should be on notice that our investigative tools allow us to expose them.

    We must not allow cybercriminals to hide behind cryptocurrencies.  Virtual currencies have some legitimate uses.  But bad actors are using them to fund crimes and to hide illicit proceeds.  For example, Bitcoin was the exclusive method of payment for the WannaCry ransomware attack that spread around the globe, causing billions of dollars in losses. 

    In addition, fraudsters use the lure of coin offerings and the promise of new currencies to bilk unsuspecting investors, promote scams, and engage in market manipulation.  The challenges of regulating, seizing, and tracing virtual currencies demand a multinational response.  We must work together to make clear that the rule of law can reach the entire blockchain.

    To that end, last year, prosecutors in the United States announced the indictment of Alexander Vinnick and the virtual currency exchange he allegedly operated. That exchange received more than $4 billion of virtual currency. It was designed without any means to control money laundering, so predictably it served as a hub for international criminals seeking to hide and launder ill-gotten gains. 

    We filed criminal charges and assessed a $110 million civil penalty against the exchange for willfully violating our anti-money laundering laws, as well as a $12 million penalty against Vinnick.

    To prevent virtual currency from being abused by criminals, terrorist financiers, or sanctions evaders, all of us must implement policies that mitigate the risks posed by the new technology.  My country includes virtual currencies in our anti-money laundering regulations.  And the Financial Action Task Force urges all nations to make clear that global anti-money laundering standards apply to virtual currency products and service providers. We must guard against abuses of digital currency.

    We also need to protect against abuses of encrypted communications.  Encryption can be useful in the fight against cybercrime.  Encrypting data makes it more safe and secure.  But the proliferation of warrant-proof encryption also poses a challenge to effective law enforcement. 

    Encryption technologies designed to be impervious to legal process impede our ability to access investigative data.  In September, the chief law enforcement officials of the United States, the United Kingdom, Canada, Australia, and New Zealand joined together to issue a “Statement of Principles on Access to Evidence and Encryption.”

    While acknowledging the benefits of encryption, they called for urgent, sustained attention and informed discussion about the increasing difficulty law enforcement agencies face in accessing evidence of criminal conduct.

    We will continue to work closely with technology companies to establish responsible practices that consider both privacy concerns and public safety imperatives.

    On the Internet, data is decentralized, information flows across continents, and online activities are dispersed across global networks. Cybercrime knows no borders.  As a result, international cooperation is indispensable.  INTERPOL is central to that cooperation.

    We must ensure that appropriate criminal laws are enforced.  Each of us must do our part to bring malicious actors to justice.  We rely on international partners to locate, arrest, and extradite cybercriminals so that they may be held accountable.  Cybercriminals should find no safe haven, either on the dark web or within national borders.

    In the United States, we continue to faithfully discharge our responsibility to extradite fugitives. In the last five years, we extradited 95 Americans, honoring inquiries whenever the requesting state presents sufficient evidence of criminality.

    For example, last year the United States sent Shawn Gregory Towner to Ireland.  Towner was arrested in Ireland in 2006 after authorities found him watching images of child sexual abuse on his laptop in Dublin, but he fled to the United States after being released on bail.  My country located Towner and sent him to Ireland to stand trial. 

    We process extraditions without regard to the nationality of the offender. 

    But that cooperation must be reciprocated.

    International cooperation was essential to our successful dismantlement of the Kelihos botnet, a global network of tens of thousands of infected computers.  Criminals used the network to harvest login credentials, distribute hundreds of millions of spam e-mails, and install ransomware and other malicious software. 

    In 2017, prosecutors obtained judicial orders authorizing law enforcement to neutralize the botnet by seizing control of malicious domains and redirecting traffic to servers we controlled. 

    Disabling the botnet was only part of the equation. The criminals responsible for creating and administering the botnet also should be held accountable. American prosecutors charged Peter Levashov of St. Petersburg, Russia for multiple offenses stemming from his control and operation of the Kelihos botnet.  Levashov is a cybercriminal who operated multiple botnets with impunity for nearly two decades. 

    Spanish authorities arrested Levashov and extradited him to the United States. In September, Levashov was found guilty in a fair and public judicial proceeding.

    Levashov’s extradition represented effective coordination with our foreign partners.  Unfortunately, not every case is a success story.  In some instances, nations shield their citizens from the rule of law with schemes that waste resources, cause needless delay, thwart investigative efforts, and undermine justice. 

    Consider the prosecution of accused hacker Aleksey Belan.  Belan is a Russian national who was indicted in the United States for massive computer breaches on American companies.  After the United States issued an arrest warrant, Belan was reportedly arrested in 2013.  But he was permitted to return to Russia. 

    A second indictment alleges that in 2014, after Belan returned to Russia, Russian intelligence agents recruited him to carry out one of the largest data breaches in history, stealing information from more than 500 million individual email accounts of people around the world. 

    The rule of law suffers when cybercriminals are given safe havens.  The United States will continue to promote the rule of law by identifying, exposing, and seeking to extradite perpetrators who harm innocent people.  And we will continue to support legitimate investigations and prosecutions conducted by our INTERPOL partners. 

    At the same time, we will expose schemes to manipulate the extradition process.  We will identify nations that routinely block the fair administration of justice and fail to act in good faith, with a sincere commitment to holding criminals accountable.

    As cyber threats grow in scale and sophistication, we increasingly need to search throughout the world for evidence, witnesses, and defendants.  Our responses must be as innovative as the criminal activity. We depend on expeditious international cooperation and coordination in dismantling malicious criminal operations. 

    Child exploitation cases provide a useful model for international coordination.  INTERPOL’s International Child Sexual Exploitation image and video database uses image and video comparison software to identify and locate child sexual exploitation victims and their abusers.  The database has led to the arrest of nearly 6,300 offenders. Recently, it helped authorities rescue five victims in Spain.  That is a superb example of innovative law enforcement.

    In my country, we play a leading role by identifying cases in which child exploitation materials are generated from or hosted in other countries.  Then we disseminate the information to the appropriate INTERPOL member countries. Our partners often request follow-up information to assist in their own investigations. Last year, almost nine million investigative leads were distributed through this program, resulting in many arrests and prosecutions. 

    Children around the world are safer when our law enforcement agencies work together – quickly, and with methods like those pioneered by INTERPOL.

    Finally, I am proud that the United States takes seriously our responsibility to help secure evidence that our international partners need for their investigations.  We receive thousands of requests for mutual legal assistance each year, and we do all that we can to comply.  We employ expert attorneys and staff dedicated to assisting with foreign requests for electronic evidence.  We devote additional resources when necessary to meet your needs.

    We call upon each of you to do the same.  By devoting appropriate resources to international cooperation efforts, we can properly address the increasing threat of cybercrime.

    My country recently enacted a new law to remove legal impediments to compliance with foreign court orders in cases that involve serious crimes.  The legislation demonstrates our commitment to the vision of the Budapest Convention on Cybercrime, the primary treaty for harmonizing national interests and enhancing international cooperation against cybercrime.  Sixty-one nations have fully ratified the treaty, agreeing that national laws should include authority to compel providers to disclose data they control, even when it is held elsewhere. 

    New cyber conventions are sometimes proposed that would limit the free flow of information between nations. But that would dangerously impede efforts to investigate cybercrime. It would protect criminals and allow cyber threats to proliferate and grow in scale and sophistication.  That is untenable in a world in which criminals using computers shielded by layers of anonymity can harm innocent victims in any one of our nations, anywhere in the world. Such limitations would be a step backward, not an innovative law enforcement approach.

    No nation should exempt itself from just and reasonable law enforcement cooperation. No nation will be more prosperous, more secure, or more respected because it supports cybercriminals. 

    My fellow delegates, there is a parable about three stonecutters asked to describe what they are doing.  They answer in varying ways. The first stonecutter focuses on how the job benefits him. He says, “I am earning a living.” The second man narrowly describes his personal task: “I am cutting stone.” The third man has a very different perspective. Instead of focusing solely on his work, he explains what it means to others: “I am helping these stonecutters build a shrine.”

    Similarly, each of us helps to construct a legacy. INTERPOL delegates should always support leaders and policies that promote international police coordination and preserve the rule of law – in practice, and not just in theory. We must uphold the rule of law, so it will be there for us when we need it.

    When our successors speak of our time here, give them reason to say that we understood the challenges; we found the solutions; we defended our principles, and we stayed the course to support liberty and justice for all. 

    I am honored to work with you in advancing the INTERPOL mission and making the world safer and more prosperous for all law-abiding citizens. Shukran.  Thank you very much.

    MIL Security OSI –

  • MIL-OSI: Lion Copper and Gold Corp. to Present at the Metals and Mining Virtual Investor Conference February 13th

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, Feb. 05, 2025 (GLOBE NEWSWIRE) — Lion Copper and Gold Corp. (CSE:LEO), focused on The Yerington Copper Project, today announced that John Banning, Chief Operating Officer and Vice President, will present live at the Metals and Mining Virtual Investor Conference hosted by VirtualInvestorConferences.com, on February 13th, 2025

    DATE: February 13th
    TIME: 11:00 AM ET
    LINK: https://bit.ly/3WOG3zt
    Available for 1×1 meetings: February 12-13

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.

    Learn more about the event at www.virtualinvestorconferences.com.

    Recent Company Highlights

    • Lion Copper and Gold Provides a Yerington Copper Project Pre-Feasibility Study Update
    • Lion Copper and Gold Receives US$5 Million Additional Nuton Funding

    About Lion Copper and Gold Corp.

    Lion Copper and Gold Corp. is a Canadian-based company advancing its flagship copper assets in Yerington, Nevada through an Option to Earn-in Agreement with Nuton, a Rio Tinto venture. The Company’s goal is to develop the Yerington Copper Project so as to achieve the lowest footprint copper production. We believe this can be accomplished by applying the Nuton technology and through proactive engagement with the local communities and Indian Tribes to earn our social license to operate a world-class copper mine in Mason Valley.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:
    Lion Copper and Gold Corp.
    John Banning
    Chief Operating Officer and Vice President
    775 471 3685
    jbanning@lioncg.com 

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com 

    The MIL Network –

  • MIL-OSI: VelocityEHS Recognized as a Best Places to Work

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, Feb. 05, 2025 (GLOBE NEWSWIRE) — VelocityEHS®, the global leader in EHS & ESG software solutions, is honored to be named as one of Built In’s 2025 Best Places to Work. The company has been recognized in both the Midsize and Remote categories, reflecting its commitment to fostering an exceptional workplace culture.

    Built In’s annual awards program honors companies of all sizes—from startups to enterprises—and celebrates top employers in major tech markets across the U.S., including remote-first organizations.

    “At VelocityEHS, we believe that our people are the heart of our success,” said Rachel Kaiser, SVP Chief People Officer, VelocityEHS. “This recognition reflects our commitment to creating a collaborate workplace where every employee feels valued, supported, and empowered to grow—both personally and professionally.”

    To align with the benefits candidates increasingly value through Built In, the program celebrates companies that offer the best compensation and total rewards packages. It evaluates key factors such as remote and flexible work opportunities, initiatives that promote engagement and belonging, and a culture that prioritizes people-first values.

    “Being recognized as a Best Place to Work is a testament to these companies’ commitment to building a workplace where individuals and innovation thrive,” says Built In CEO and Founder, Maria Christopoulos Katris. “At Built In, we understand that great companies are powered by great teams, and this achievement showcases their dedication to fostering a culture of growth and excellence. Congratulations on this well-deserved honor.”

    Read more news and insights on the VelocityEHS press page.

    About VelocityEHS

    Relied on by more than 10 million users worldwide to drive operational excellence and achieve outstanding outcomes, VelocityEHS is the global leader in true SaaS enterprise EHS & ESG technology. The VelocityEHS Accelerate® Platform is the definitive gold standard, delivering best-in-class software solutions for managing Safety, Ergonomics, Chemical Management, and Operational Risk. In addition, Velocity offers world-class applications for Contractor Safety & Permit to Work, Environmental Compliance, and ESG.

    The VelocityEHS team includes unparalleled industry expertise, with more certified experts in health, safety, industrial hygiene, ergonomics, sustainability, the environment, AI, and machine learning than any other EHS software provider. Recognized by the EHS industry’s top independent analysts as a Leader in the Verdantix 2025 Green Quadrant Analysis, VelocityEHS is committed to industry thought leadership and to accelerating the pace of innovation through its software solutions and vision. Its privacy and security protocols, which include SOC2 Type II attestation, are among the most stringent in the industry.

    VelocityEHS is headquartered in Chicago, Illinois, with locations in Ann Arbor, Michigan; Tampa, Florida; Oakville, Ontario; London, England; Perth, Western Australia; and Cork, Ireland. For more information, visit www.EHS.com. 

    ABOUT BUILT IN
    Built In is the “always on” recruiting platform that reaches the tech professionals that other leading recruiting platforms don’t. Designed to help companies hire expert tech talent, Built In continuously drives brand awareness with content. Monthly, millions of the industry’s most in-demand global tech professionals visit our site to stay ahead of tech trends and news, learn skills to accelerate their careers, find the right job opportunities and get hired. Thousands of companies, from fast-growing startups to the largest enterprises rely on Built In. By putting their stories in front of our uniquely engaged audience, we help them hire otherwise hard-to-reach technical and expert talent. www.builtin.com

    Media Contact:
    Jennifer Sinkwitts
    VelocityEHS
    jsinkwitts@ehs.com

    The MIL Network –

  • MIL-OSI: GCM Grosvenor Expands Insurance Solutions Group with the Hire of Joe Metzger as Managing Director

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, Feb. 05, 2025 (GLOBE NEWSWIRE) — GCM Grosvenor (Nasdaq: GCMG), a leading global alternative asset management solutions provider, is pleased to announce that Joe Metzger has joined the firm as a Managing Director in its Insurance Solutions Group, as the firm continues to expand its capabilities to meet the insurance industry’s unique investment needs.

    Mr. Metzger brings nearly two decades of financial services and insurance industry experience, including prior roles at Guardian Life and TIAA-CREF. He has a distinguished track record at the intersection of insurance and alternative investments, including sourcing, structuring, and executing transactions between insurance carriers and alternative asset managers.

    “We are excited to welcome Joe to our team,” said Michael Sacks, Chairman and CEO of GCM Grosvenor. “His extensive experience and proven success in unlocking value for insurers will be instrumental in advancing our capabilities and providing partnership opportunities that can meet the unique needs of our insurance clients.”

    GCM Grosvenor’s Insurance Solutions Group offers customized and turnkey alternative investment solutions tailored to the unique needs of global insurance companies. The team employs a broad range of innovative strategies to deliver capital-efficient products and opportunities.

    For more information about GCM Grosvenor and its Insurance Solutions Group, please visit www.gcmgrosvenor.com/insurance-solutions.

    About GCM Grosvenor

    GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $80 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies. The firm has specialized in alternatives for more than 50 years and is dedicated to delivering value for clients by leveraging its cross-asset class and flexible investment platform. GCM Grosvenor’s experienced team of approximately 550 professionals serves a global client base of institutional and individual investors. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul and Sydney. For more information, visit: gcmgrosvenor.com.

    Media Contact

    Tom Johnson and Abigail Ruck
    H/Advisors Abernathy (on behalf of GCM Grosvenor)
    tom.johnson@h-advisors.global / abigail.ruck@h-advisors.global

    The MIL Network –

  • MIL-OSI: E Ink to Showcase 75” E Ink Kaleido™ 3 Outdoor Large Area Color Signage at Integrated Systems Europe 2025

    Source: GlobeNewswire (MIL-OSI)

    BILLERICA, Mass., Feb. 05, 2025 (GLOBE NEWSWIRE) — E Ink (8069.TWO), the originator, pioneer, and global commercial leader in ePaper technology, today announced they will be showing their largest color signage offering to date, a 75” E Ink Kaleido™ 3 Outdoor, at the Integrated Systems Europe 2025 (ISE) show in Barcelona starting February 4. Attendees of ISE can experience the 75” display at the Fira Barcelona from February 4 through February 7 in the Samsung Electronics booth (#3F500), LG Electronics booth (#3K100), the DynaScan booth (#3C700) and the Agile Display Solutions booth (#4A500).

    “As more countries look to reduce their carbon footprint and increase the sustainability of their communities, the benefits of an E Ink display, with its low power consumption and non-light pollution characteristics, can bring real change to indoor and outdoor DOOH signage,” said Dr. F.Y. Gan, President of E Ink. “Our largest E Ink Kaleido display to date offers a compelling solution to address the need for a dynamic display that also provides environmental solutions.”

    The 75” E Ink Kaleido 3 Outdoor display offers print-color ePaper designed specifically for Digital Out-of-Home (DOOH) advertising signage market, and it is suitable for outdoor use in varying temperature ranges. It offers dynamic color display capabilities, poster-like visual quality, and a low-carbon and eco-friendly display solution.

    E Ink Kaleido Outdoor 3 is based on print-color ePaper technology and utilizes an RGB color filter array on black and white electronic paper film to create a warm and colorful display, offering 4,096 colors and clear text, providing a comfortable and non-irritating color digital content viewing experience with a visual impact close to that of color printed paper signage. E Ink Kaleido 3 Outdoor’s operating temperature range is between -15°C to 65°C, which allows it to operate in extremely cold or hot areas without the need for expensive, high-energy-consuming heating or cooling devices, reducing additional power consumption.

    Many European countries are facing an energy crisis and new regulations have been put in place to limit the operating hours of digital signage. However, E Ink Kaleido 3 Outdoor uses very little power, and can even run on renewable energy from solar panels, without relying on electricity from the grid. That means it can replace energy-hungry digital signage and conform to the new restrictions. When used for outdoor information displays, E Ink Kaleido 3 Outdoor color ePaper allows for quick and easy updates of information. It’s much more functional and environmentally friendly than traditional paper posters and display boards.

    E Ink adheres to its commitment to sustainable development by leveraging its unique PESG framework to provide low-carbon display solutions, contributing to the realization of a net-zero society. According to FTSE Russell’s assessment, 99.9% of E Ink’s product sales revenue qualifies as green revenue. Additionally, Moody’s Ratings has issued a Second Party Opinion (SPO) on E Ink’s green loans, confirming their compliance with the Green Loan Principles (2023) and assigning a high sustainability score of “SQS2 Very Good,” recognizing the exceptional environmental contributions and international standards compliance of E Ink’s ePaper products.

    E Ink is dedicated to providing energy-efficient, light-pollution-free, eco-friendly, and visually beneficial products for smart cities and broader communities. Research from the Harvard T.H. Chan School of Public Health highlights that ePaper, operating without self-lighting and emitting no blue light, does not harm human eyes, and provides up to three times better eye health compared to LCD displays. Furthermore, ePaper is the first display technology globally to receive certification from the International Dark-Sky Association. Compared to paper and LCD displays, ePaper offers significant energy savings and low-carbon benefits. For example, ePaper used in smart bus stop signage, powered by solar energy systems, enables 100% renewable energy usage without requiring connection to the power grid, making it an ideal solution for achieving global net-zero carbon goals.

    About E Ink
    E Ink Holdings Inc. (8069.TWO), based on technology from MIT’s Media Lab, provides an ideal display medium for applications spanning eReaders and eNotes, retail, home, hospital, transportation, logistics, and more, enabling customers to put displays in locations previously impossible. E Ink’s electrophoretic display products make it the worldwide leader for ePaper. Its low power displays enable customers to reach their sustainability goals, and E Ink has pledged using 100% renewable energy in 2030 and reaching net zero carbon emissions by 2040. E Ink has been recognized for their efforts by receiving, validation from Science-Based Targets (SBTi) and is listed in both the DJSI World and DJSI Emerging Indexes. Listed in Taiwan’s Taipei Exchange (TPEx) and the Luxembourg market, E Ink Holdings is now the world’s largest supplier of ePaper displays. For more information please visit www.eink.com. E Ink. We Make Surfaces Smart and Green.

    Contacts
    V2 Communications on behalf of E Ink
    eink@v2comms.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/83d1ff0d-018c-459d-87fe-b2295ec0050e

    The MIL Network –

  • MIL-OSI: Rapid7 Launches New Global PACT Partner Program

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, Feb. 05, 2025 (GLOBE NEWSWIRE) — Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced that it has launched a new PACT Partner Program to equip partners with tools, training, and resources to meet the expanding security needs of customers in an increasingly complex global threat landscape.

    The new PACT Program will deliver a supportive and structured program for partners to help customers take command of their attack surface. Working with the full channel community, including resellers, distributors, systems integrators and service providers, Rapid7 enables thousands of partners around the globe through a modernized Partner Portal, tailored engagement programs and specializations, and an all-new Partner Training Academy.

    “Today’s PACT Program launch is the result of listening to and working collaboratively with our global partner community to best understand their business challenges and opportunities,” said Alex Page, vice president of global channel sales at Rapid7 and 2025 CRN Channel Chief. “We made this significant program update to ensure our partners were enabled and supported to drive maximum impact in line with their near and long-term business objectives. Together, we know we can provide our joint customers the most robust solutions to help them take command of their attack surface.”

    The PACT Program includes new tiers and classifications, designed to empower and unite all partner types under a single, dynamic program. This innovative approach offers tailored engagement opportunities and sets clear performance expectations. Furthermore, valuable tier benefits will recognize and reward success, enhancing profitability and growth.

    Key elements of the new program include:

    • Modernized Partner Portal: Rapid7’s modernized and expanded Partner Portal offers partners deeper engagement and seamless, real-time collaboration with Rapid7 via a redesigned interface that provides training and automation to support the entire customer lifecycle. From self-service quote access and renewal dashboards, to learning paths aligned to specific points in the sales process and customer lifecycle.
    • Tailored Engagement Programs and Specializations: Rapid7’s unified platform seamlessly combines proactive and reactive cyber risk management solutions so they can be efficiently scaled and customized to meet customer requirements. Partners can also benefit from two new PACT specializations, MSSP Specialization and Service Delivery Specialization, for an enhanced suite of tech resources and operational efficiencies with simplified pricing models launching later this year.
    • All-New Partner Training Academy: The new Partner Training Academy equips partners with practical skills and technical knowledge to enhance customer value. With a mission to elevate partners’ confidence in positioning solutions to match customer needs, the Partner Training Academy offers a variety of competency-based courses and certifications. Courses are tailored to the sales and pre-sales technical roles, as well as specialized curriculum, to enable partners to deliver their own post-sales services.

    “Over the past few years, we’ve experienced excellent growth with Rapid7 as they’ve redefined their channel strategy—and the new PACT Partner Program marks yet another exciting step forward,” said Mark Thornberry, senior vice president, vendor management at GuidePoint Security. “As digital ecosystems become increasingly complex, attack surfaces grow, and threats evolve, the need for robust Managed Detection & Response (MDR) has never been greater. The enhancements to their 2025 Partner Program not only underscore Rapid7’s dedication to growth and innovation, but also enable us to continue delivering comprehensive SecOps strategies to our customers.”

    “Our partnership with Rapid7 has been nothing short of exceptional. Over the years, we have built a strong and collaborative relationship that has fuelled remarkable growth across the UK & Ireland (UK&I). Rapid7’s cutting-edge solutions and unwavering support have been instrumental in expanding our cybersecurity offerings, empowering us to deliver world-class protection to our clients,” said Nick Brownrigg, group director, solutions architecture, Integrity360. “Beyond the UK&I, Rapid7 has played a crucial role in helping us establish a strong presence in the Nordics and successfully launch our cybersecurity services in emerging regions such as Italy, Spain, and South Africa. Their commitment to innovation and partnership has enabled us to stay ahead of evolving threats and provide best-in-class security solutions to businesses worldwide. We are proud to partner with Rapid7 and look forward to continued success together in securing organizations across the globe.”

    For further information on the new Rapid7 PACT Partner Program please click HERE.

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

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

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

    The MIL Network –

  • MIL-OSI: Zero Hash expands stablecoin offerings with addition of Ripple USD (RLUSD)

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, Feb. 05, 2025 (GLOBE NEWSWIRE) — Zero Hash, the leading crypto and stablecoin infrastructure platform, today announced it has expanded its stablecoin support by integrating Ripple USD (RLUSD), a new regulated stablecoin issued by Ripple. This integration allows Zero Hash customers to access RLUSD on both the XRP Ledger and Ethereum networks.

    Zero Hash’s API and SDK infrastructure now supports over 65 digital assets, including 5 stablecoins, across multiple chains, reinforcing its position as the comprehensive solution for platforms seeking to design and build new ways to store, exchange and move value globally. RLUSD is now part of Zero Hash’s stablecoin engine, powering leading FinTechs and start ups across:

    • Payments
      • Remittances
      • Payins
      • Payouts
      • Account Funding
      • Tokenization payment rails
      • AI agent payments
    • Trading
      • Swaps
      • Onramp / offramp
      • Custody
      • Deposits and withdrawals
    • Treasury

    “The addition of RLUSD to our ecosystem demonstrates Zero Hash’s commitment to providing our customers with access to the most innovative and regulated stablecoin technologies,” said Edward Woodford, Founder and CEO at Zero Hash. “Zero Hash now offers RLUSD to all partners who can seamlessly embed through our API and SDK. Zero Hash offers the tech stack that powers use cases spanning payouts including Stripe, on-ramping including Shift4 and tokenization payment rails including Franklin Templeton.”

    RLUSD is designed to meet the growing demand for a reliable, compliant stablecoin in the digital asset space. Key features1 of RLUSD include: (i) One-to-one backing with US dollars held in reserve; (ii) issuance by a New York State-regulated trust company; (iii) Monthly reserve attestations by an independent certified public accountant; and, (iv) native issuance on both the XRP Ledger and Ethereum networks.

    1Ripple USD

    About Zero Hash

    Zero Hash is the leading crypto and stablecoin infrastructure provider that seamlessly connects fiat, crypto and stablecoins in one platform, enabling a better way to move and transfer value globally.

    Through its embeddable infrastructure, start-ups, enterprises and Fortune 500 companies build a diverse range of use cases: cross-border payments, commerce, trading, remittance, payroll, tokenization, wallets and on and off-ramps.

    Zero Hash Holdings is backed by investors, including Point72 Ventures, Bain Capital Ventures, and NYCA.

    Zero Hash LLC is a FinCen-registered Money Service Business and a regulated Money Transmitter that can operate in 51 US jurisdictions. Zero Hash LLC and Zero Hash Liquidity Services LLC are licensed to engage in virtual currency business activity by the New York State Department of Financial Services. In Canada, Zero Hash LLC is registered as a Money Service Business with FINTRAC.

    Zero Hash Australia Pty Ltd. is registered with AUSTRAC as a Digital Currency Exchange Provider, with DCE registered provider number DCE100804170-001. This registration enables Zero Hash to offer its crypto services in Australia. Zero Hash Australia Pty Ltd. is registered on the New Zealand register of financial service providers, with Financial Service Provider (FSP) number FSP1004503. A FSP in New Zealand is a registration and does not mean that Zero Hash Australia Pty Ltd. is licensed by a New Zealand regulator to provide crypto services. Zero Hash Australia Pty Ltd.’s registration on the New Zealand register of financial service providers does not mean that Zero Hash Australia is subject to active regulation or oversight by a New Zealand regulator. Zero Hash Europe B.V. is registered as a Virtual Asset Services Provider (VASP) registration by the Dutch Central Bank (Relation number: R193684). Zero Hash Europe Sp. Zoo is registered as a VASP by the Tax Administration Chamber of Poland in Katowice (Registration number RDWW – 1212).

    Connect with Zero Hash

    Website | Twitter | LinkedIn | Medium

    Zero Hash Contact
    Shaun O’keeffe
    (855) 744-7333
    media@zerohash.com

    Zero Hash Disclosures

    Zero Hash services and product offerings, including the availability of certain chains/networks for supported stabletoken and crypto assets, may not be available in all jurisdictions. Zero Hash accounts are not subject to FDIC or SIPC protections, or any such equivalent protections that may exist outside of the US. Zero Hash’s technical support and enablement of any asset is not an endorsement of such asset and is not a recommendation to buy, sell, or hold any crypto asset. The value of any cryptocurrency, including digital assets pegged to fiat currency, commodities, or any other asset, may go to zero. Zero Hash is not registered with the SEC or FINRA. Zero Hash does not provide any securities services and is not a custodian of securities, including security tokens, on behalf of customers.

    The MIL Network –

  • MIL-OSI Canada: CFEC Releases Results of October 2024 Foreign Exchange Volume Survey

    Source: Bank of Canada

    The Canadian Foreign Exchange Committee (CFEC) released today the results of its October 2024 semi-annual survey of foreign exchange volumes in Canada. The purpose of the survey is to provide information on the size and structure of the foreign exchange and foreign exchange derivatives markets in Canada. Volumes are broken down by product, currency, counterparty, maturity and execution method. The eight banks with the largest foreign exchange sales activity in Canada participate.

    The summary highlights of the October 2024 survey include the following:

    • The monthly turnover in October of traditional foreign exchange products (defined as spot transactions, outright forwards and foreign exchange swaps) totaled about US$4.5 trillion. On an average daily basis, total turnover increased by 14.7 per cent to US$204.6 billion from April 2024.
    • Spot transactions increased by 28.0 per cent to US$25.9 billion on an average daily basis from April 2024. Outright forwards increased by 9.7 per cent to US$21.7 billion and foreign exchange swaps increased by 13.5 per cent to US$156.9 billion over the same period.
    • The monthly turnover of foreign exchange derivatives (currency swaps and options) totaled US$427 billion in October. On an average daily basis, derivatives turnover decreased by 5.5 per cent to US$19.4 billion from April 2024.
    • Currency swaps turnover decreased 3.6 per cent to US$14.3 billion and currency options turnover decreased by 10.5 per cent to US$5.1 billion on an average daily basis from April 2024.
    • Compared with the survey from one year ago, the average daily turnover of traditional foreign exchange products increased by 25.2 per cent, and foreign exchange derivatives increased by 46.4 per cent.

    The detailed results of the survey are presented in the summary tables attached. 

    Notes

    CFEC is an industry group composed of senior representatives from financial institutions actively involved in the foreign exchange market in Canada and the U.S. dollar/Canadian dollar market globally. Formed in 1989, its objective is to provide a forum for the regular discussion of issues and developments pertinent to the foreign exchange market, including the review of market practices and procedures. The Bank of Canada chairs CFEC and provides secretariat services to the Committee.

    The Bank of Canada also co-ordinates the CFEC survey on behalf of the market participants. The eight banks that participate in the survey are:

    • Bank of America
    • Bank of Nova Scotia
    • BMO Capital Markets
    • CIBC World Markets
    • National Bank of Canada
    • RBC Capital Markets
    • State Street Canada
    • TD Securities

    Globally, the (London) Foreign Exchange Joint Standing Committee, the (New York) Foreign Exchange Committee, the Singapore Foreign Exchange Market Committee, the Tokyo Foreign Exchange Market Committee, the Australian Foreign Exchange Committee and Hong Kong’s Treasury Markets Association conduct similar surveys. Their results are also released today (see links below).  

    https://www.bankofengland.co.uk/markets/london-foreign-exchange-joint-standing-committee
    http://www.newyorkfed.org/fxc/volumesurvey/
    https://www.sfemc.org/statistics.html
    http://www.fxcomtky.com/index_e.html
    http://www.tma.org.hk/en_newsevents.aspx
    https://www.afxc.rba.gov.au/statistics/

    MIL OSI Canada News –

  • MIL-OSI: Community Housing Capital and Federal Home Loan Bank of Atlanta Award $750,000 for Affordable Housing in Southfield

    Source: GlobeNewswire (MIL-OSI)

    SOUTHFIELD, Mich., Feb. 05, 2025 (GLOBE NEWSWIRE) — Community Housing Capital (CHC) and the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today an investment of $750,000 in grant funding designated for John Grace Arms, a project to construct 60 multifamily rental units in Southfield, Michigan.

    The funding, sourced from FHLBank Atlanta’s Affordable Housing Program (AHP) General Fund and administered through CHC, a member of FHLBank Atlanta, will help address the critical need for affordable housing in the community.

    Located in the heart of Southfield, John Grace Arms involves the adaptive reuse of a former, historic school building into modern, affordable housing units and 5,000 square feet of community space. The project is prioritizing the use of sustainable building materials to minimize environmental impact and promote healthier living conditions.

    CHC, a financial supporter of John Grace Arms, applied for FHLBank Atlanta’s Affordable Housing Program (AHP) General Fund in 2024, which helps organizations to acquire, construct, rehabilitate or preserve affordable housing units. In December 2024, FHLBank Atlanta announced John Grace Arms as one of 66 grant recipients to receive a total of $55 million in funding to support 4,200 housing units.

    “Community Housing Capital is proud to have supported the project developer MiSide in successfully securing $750,000 in AHP grant funding through FHLBank Atlanta. These funds will support the development of John Grace Arms, a transformative housing community that will offer 60 senior apartments, with a focus on fostering community engagement and recreation,” said Dana Chestnut, CHC’s Chief Lending Officer. “CHC has a long history of partnering with NeighborWorks America organizations to facilitate impactful projects, having sponsored successful applications that have collectively secured $4.8 million in grant funding to date. We are committed to leveraging opportunities like the AHP grant to amplify the impact of affordable housing initiatives nationwide.”

    “John Grace Arms is a fantastic example of progress that can happen when organizations come together to execute on a vision,” said Kirk Malmberg, President and CEO of FHLBank Atlanta. “We are pleased to partner with member financial institutions like Community Housing Capital and proud to see this funding go toward turning an existing, unused building into safe, affordable homes for Southfield residents.”

    John Grace Arms is located at 21030 Indian Street, Southfield, Michigan and is scheduled to be completed by the end of 2026.

    About Community Housing Capital
    Community Housing Capital (CHC) is a 24-year-old Community Development Financial Institution (CDFI) and 501(c)(3) created to facilitate the creation and preservation of affordable housing. Since 2000, CHC has, through its lending activity, created or preserved over 24,792 units of affordable housing and facilitated $3.8 billion in total development. Community Housing Capital is headquartered in Decatur, Georgia.

    About Federal Home Loan Bank of Atlanta
    FHLBank Atlanta offers competitively-priced financing, community development grants, and other banking services to help member financial institutions make affordable home mortgages and provide economic development credit to neighborhoods and communities. The Bank’s members – its shareholders and customers – are commercial banks, credit unions, savings institutions, community development financial institutions, and insurance companies located in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, and the District of Columbia. FHLBank Atlanta is one of 11 district Banks in the Federal Home Loan Bank System. Since 1990, the FHLBanks have awarded approximately $9.1 billion in Affordable Housing Program funds, assisting more than 1.2 million households. For more information, visit www.fhlbatl.com.

    MEDIA CONTACTS:

    Federal Home Loan Bank of Atlanta
    Sheryl Touchton
    stouchton@fhlbatl.com

    Community Housing Capital, Inc.
    Mona Elminyawi
    melminyawi@communityhousingcapital.org

    The MIL Network –

  • MIL-OSI: Paperclip SAFE Announces Alignment with Encryption Requirements Mandated within EU DORA Act

    Source: GlobeNewswire (MIL-OSI)

    HACKENSACK, N.J., Feb. 05, 2025 (GLOBE NEWSWIRE) — Paperclip, Inc. (OTCMKTS:PCPJ) announces its SAFE technology aligns with new European Union DORA requirements mandating data encryption.

    The Digital Operational Resilience Act (DORA) went into effect on January 17th, 2025, impacting all European Union (EU) financial services organizations and their Information and Communications Technology (ICT) suppliers. This regulation has far-reaching implications, and not only for Financial Institutions operating in the EU, but for US organizations as well.

    “We should look at DORA as a foreshadowing of U.S. regulations to come,” said Chad Walter, CRO at Paperclip, Inc. “The demand is increasing for better resiliency due to increased data theft, manipulation, and ransomware attacks. DORA is likely to influence data resiliency requirements globally, just as GDPR did for data privacy. There are key pieces to the DORA regulations that are coming to a regulation near you.”

    A key aspect of DORA is its specificity around encryption. To comply with DORA, organizations that do business with the financial sector in the EU must enhance their encryption tools to support encryption of data at rest, in transit, and in use. This type of encryption technology isn’t widely adopted to date and is reliant on newer, innovative technologies like Paperclip SAFE®.

    Paperclip SAFE® always-encrypted technology is uniquely positioned to help organizations on their path to data resiliency and DORA compliance. Paperclip SAFE meets DORA requirements by assuring that confidentiality, availability, and integrity of data is protected via its always-encrypted technology.

    DORA introduces significant personal accountability for compliance and cybersecurity leaders at financial entities, and the service providers they work with. To learn more about DORA requirements and the impact on your organization—US or EU—visit https://paperclip.com/dora-regulations/

    Paperclip will be attending TechEx Global in London this week, Feb. 5-6, to meet with EU and non-EU companies to discuss DORA, encryption strategies, and appetite for innovation. Our team will be learning about and discussing EU regulations along with other global data security requirements.

    About Paperclip Inc.
    With over three decades of customer-centric innovation, Paperclip is a proven strategic partner that continues to revolutionize data encryption, content supply chain, and document management for Fortune 1000 companies worldwide. Every second of every day, Paperclip solutions securely process, transcribe, store, and communicate our client’s most sensitive content, such as PII, PHI, NPI, and corporate IP. Paperclip enables enterprises to harness the power of their data without ever sacrificing security. As a trusted leader, Paperclip continues to innovate, adapt and excel within a rapidly changing digital world. Learn more at www.paperclip.com.

    About Paperclip SAFE®
    Paperclip’s proprietary SAFE® encryption solution builds upon an established foundation of trust and collaboration earned from over three decades of consistent performance. Paperclip SAFE utilizes our team’s in-depth knowledge of the data supply chain to ensure that private, sensitive, and controlled data is always encrypted and removed from risk of data theft and ransom. Originally developed as an internal solution, Paperclip has operationalized SAFE for more than four years to protect the critical data behind our active customer base, including nine of the top 10 life insurance and annuity enterprises. With Paperclip SAFE, critical data assets are always encrypted, always available, and always ahead of evolving risk. For more information, visit https://paperclip.com/safe.

    CONTACT
    Megan Brandow, Director of Marketing
    Paperclip, Inc.
    (585) 727-0983
    mbrandow@paperclip.com

    The MIL Network –

  • MIL-OSI: Sigyn Therapeutics to Present at Tomorrow’s Small Cap Growth Virtual Investor Conference

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, Feb. 05, 2025 (GLOBE NEWSWIRE) — Sigyn Therapeutics, Inc. (“Sigyn” or the “Company”) (OTCQB: SIGY), a developer of next-generation blood purification technologies to treat cancer and life-threatening infectious disease disorders, today announced that Jim Joyce, the Company’s CEO will present live at tomorrow’s Small Cap Growth Virtual Investor Conference hosted by VirtualInvestorConferences.com.

    DATE: February 6th
    TIME: 3:30pm ET
    LINK: https://bit.ly/4gw3m8d
    Available for 1×1 meetings: February 6th, 7th, 10th and 11th

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.  

    Learn more about the event at www.virtualinvestorconferences.com.

    About Sigyn Therapeutics™

    Sigyn Therapeutics is developing next-generation blood purification therapies to address cancer and life-threatening infectious disease disorders that are not treatable with drugs. The Company’s lead product candidate, Sigyn TherapyTM has been demonstrated to reduce the presence of viral pathogens, bacterial toxins, and pro-inflammatory cytokines from human blood plasma. Based on these capabilities, Sigyn TherapyTM is a candidate to treat life-threatening viral pathogens, antibiotic-resistant bacterial infections, endotoxemia, and sepsis, which is the leading cause of death in U.S. hospitals. The clinical protocol of first-in-human studies incorporates Sigyn Therapy in series with regularly schedule dialysis treatments to address endotoxemia and concurrent inflammation which shorten the lives of end-stage renal disease (ESRD) patients. Extending the lives of individuals with ESRD could significantly impact dialysis industry revenues.

    The Company’s oncology pipeline is comprised of ImmunePrepTM, a platform to enhance the delivery of immunotherapeutic antibodies; ChemoPrepTM to improve the delivery of chemotherapeutic agents; and ChemoPureTM to reduce chemotherapy toxicity. If successfully advanced, the Company’s therapies offer to provide strategic value to the dialysis and biopharmaceutical industry.

    To learn more about Sigyn Therapeutics, visit: www.SigynTherapeutics.com

    About Virtual Investor Conferences®

    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:

    Sigyn Therapeutics, Inc.

    Johan Louw
    Senior Vice President of Strategic Programs
    281.660.1815
    jlouw@SigynTherapeutics.com

    Jim Joyce
    Chairman, CEO
    Email: jj@SigynTherapeutics.com

    Virtual Investor Conferences

    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com 

    Cautionary Note Regarding Forward-Looking Statements

    This information in this press release contains forward-looking statements of Sigyn Therapeutics, Inc. (“Sigyn”) that involve substantial risks and uncertainties. All statements contained in this summary are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks and uncertainties. Statements containing words such as “may,” “believe,” “anticipate,” “expect,” “intend,” “plan,” “project,” “will,” “projections,” “estimate,” “potentially” or similar expressions constitute forward-looking statements. Such forward-looking statements are subject to significant risks and uncertainties and actual results may differ materially from the results anticipated in the forward-looking statements. These forward-looking statements are based upon Sigyn’s current expectations and involve assumptions that may never materialize or may prove to be incorrect. Factors that may contribute to such differences may include, without limitation, the Company’s ability to clinically advance Sigyn Therapy in human studies required for market clearance, the Company’s ability to manufacture Sigyn Therapy, the Company’s ability to raise capital resources, and other potential risks. The foregoing list of risks and uncertainties is illustrative but is not exhaustive. Additional factors that could cause results to differ materially from those anticipated in forward-looking statements can be found under the caption “Risk Factors” in the Company’s Annual Report on Form 10-K, and in the Company’s other filings with the Securities and Exchange Commission, including its quarterly Reports on Form 10-Q. All forward-looking statements contained in this report speak only as of the date on which they were made. Except as may be required by law, the Company does not intend, nor does it undertake any duty, to update this information to reflect future events or circumstances.

    The MIL Network –

  • MIL-OSI USA: U.S. International Trade in Goods and Services, December and Annual 2024

    Source: US Bureau of Economic Analysis

    The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $98.4 billion in December, up $19.5 billion from $78.9 billion in November, revised.

    U.S. International Trade in Goods and Services Deficit
    Deficit: $98.4 Billion  +24.7%°
    Exports: $266.5 Billion  –2.6%°
    Imports: $364.9 Billion  +3.5%°

    Next release: Thursday, March 6, 2025

    (°) Statistical significance is not applicable or not measurable. Data adjusted for seasonality but not price changes

    Source: U.S. Census Bureau, U.S. Bureau of Economic Analysis; U.S. International Trade in Goods and Services, February 5, 2025

    Exports, Imports, and Balance (exhibit 1)

    December exports were $266.5 billion, $7.1 billion less than November exports. December imports were $364.9 billion, $12.4 billion more than November imports.

    The December increase in the goods and services deficit reflected an increase in the goods deficit of $18.9 billion to $123.0 billion and a decrease in the services surplus of $0.6 billion to $24.5 billion.

    For 2024, the goods and services deficit increased $133.5 billion, or 17.0 percent, from 2023. Exports increased $119.8 billion or 3.9 percent. Imports increased $253.3 billion or 6.6 percent.

    Three-Month Moving Averages (exhibit 2)

    The average goods and services deficit increased $4.7 billion to $83.8 billion for the three months ending in December.

    • Average exports decreased $1.2 billion to $268.8 billion in December.
    • Average imports increased $3.5 billion to $352.7 billion in December.

    Year-over-year, the average goods and services deficit increased $19.2 billion from the three months ending in December 2023.

    • Average exports increased $9.8 billion from December 2023.
    • Average imports increased $29.0 billion from December 2023.

    Exports (exhibits 3, 6, and 7)

    Exports of goods decreased $7.5 billion to $170.2 billion in December.

      Exports of goods on a Census basis decreased $6.7 billion.

    • Consumer goods decreased $1.8 billion.
      • Pharmaceutical preparations decreased $1.4 billion.
    • Industrial supplies and materials decreased $1.8 billion.
      • Crude oil decreased $0.9 billion.
      • Other petroleum products decreased $0.3 billion.
      • Other precious metals decreased $0.3 billion.
      • Fertilizers, pesticides, and insecticides decreased $0.3 billion.
    • Capital goods decreased $1.4 billion.
      • Computers decreased $0.9 billion.
      • Civilian aircraft increased $1.4 billion.
    • Automotive vehicles, parts, and engines decreased $0.9 billion.
      • Trucks, buses, and special purpose vehicles decreased $0.4 billion.
      • Other automotive parts and accessories decreased $0.3 billion.

      Net balance of payments adjustments decreased $0.8 billion.

    Exports of services increased $0.4 billion to $96.3 billion in December.

    • Travel increased $0.3 billion.
    • Financial services increased $0.1 billion.

    Imports (exhibits 4, 6, and 8)

    Imports of goods increased $11.4 billion to $293.1 billion in December.

      Imports of goods on a Census basis increased $11.3 billion.

    • Industrial supplies and materials increased $10.8 billion.
      • Finished metal shapes increased $9.2 billion.
      • Nonmonetary gold increased $1.0 billion.
    • Consumer goods increased $2.2 billion.
      • Toys, games, and sporting goods increased $0.8 billion.
      • Cell phones and other household goods increased $0.8 billion.
    • Capital goods increased $1.3 billion.
      • Computers increased $1.2 billion.
      • Computer accessories increased $0.9 billion.
      • Civilian aircraft decreased $1.1 billion.
    • Automotive vehicles, parts, and engines decreased $2.2 billion.
      • Passenger cars decreased $1.6 billion.

      Net balance of payments adjustments increased $0.1 billion.

    Imports of services increased $1.0 billion to $71.8 billion in December.

    • Transport increased $0.5 billion.
    • Travel increased $0.3 billion.

    Real Goods in 2017 Dollars – Census Basis (exhibit 11)

    The real goods deficit increased $14.9 billion, or 15.4 percent, to $111.9 billion in December, compared to a 17.3 percent increase in the nominal deficit.

    • Real exports of goods decreased $5.4 billion, or 3.7 percent, to $141.9 billion, compared to a 3.8 percent decrease in nominal exports.
    • Real imports of goods increased $9.5 billion, or 3.9 percent, to $253.8 billion, compared to a 4.0 percent increase in nominal imports.

    Revisions

    In addition to revisions to source data for the November statistics, the seasonally adjusted goods data were revised for January through November so that the totals of the seasonally adjusted months equal the annual totals.

    Revisions to November exports

    • Exports of goods were revised up $0.1 billion.
    • Exports of services were revised up $0.1 billion.

    Revisions to November imports

    • Imports of goods were revised up $0.8 billion.
    • Imports of services were revised up $0.1 billion.

    Goods by Selected Countries and Areas: Monthly – Census Basis (exhibit 19)

    The December figures show surpluses, in billions of dollars, with Netherlands ($5.0), South and Central America ($3.5), United Kingdom ($2.3), Hong Kong ($0.7), Brazil ($0.4), Saudi Arabia ($0.4), Belgium ($0.3), and Australia ($0.2). Deficits were recorded, in billions of dollars, with China ($25.3), European Union ($20.4), Mexico ($15.2), Switzerland ($13.0), Vietnam ($11.4), Canada ($7.9), Germany ($7.6), Taiwan ($6.9), Ireland ($6.2), South Korea ($5.6), Japan ($5.5), India ($4.9), Italy ($4.1), Malaysia ($2.5), France ($1.1), Israel ($0.8), and Singapore ($0.4).

    • The deficit with Switzerland increased $9.1 billion to $13.0 billion in December. Exports decreased $0.7 billion to $1.2 billion and imports increased $8.4 billion to $14.2 billion.
    • The deficit with Canada increased $2.9 billion to $7.9 billion in December. Exports decreased $0.4 billion to $29.1 billion and imports increased $2.5 billion to $37.0 billion.
    • The deficit with Ireland decreased $3.1 billion to $6.2 billion in December. Exports decreased $0.1 billion to $1.2 billion and imports decreased $3.2 billion to $7.5 billion.

    Annual Summary for 2024

    Exports, Imports, and Balance (exhibit 1)

    For 2024, the goods and services deficit was $918.4 billion, up $133.5 billion from $784.9 billion in 2023. Exports were $3,191.6 billion, up $119.8 billion from 2023. Imports were $4,110.0 billion, up $253.3 billion from 2023.

    The 2024 increase in the goods and services deficit reflected an increase in the goods deficit of $148.5 billion, or 14.0 percent, to $1,211.7 billion and an increase in the services surplus of $14.9 billion, or 5.4 percent, to $293.3 billion.

    The goods and services deficit was 3.1 percent of current-dollar gross domestic product in 2024, up from 2.8 percent in 2023.

    Exports (exhibits 3, 6, and 7)

    Exports of goods increased $38.6 billion to $2,083.8 billion in 2024.

      Exports of goods on a Census basis increased $47.1 billion.

    • Capital goods increased $40.2 billion.
      • Computer accessories increased $11.3 billion.
      • Civilian aircraft engines increased $8.7 billion.
      • Computers increased $8.2 billion.
      • Semiconductors increased $8.1 billion.
    • Other goods increased $17.9 billion. (See the “Notice” for more information.)
    • Automotive vehicles, parts, and engines decreased $10.8 billion.
      • Other automotive parts and accessories decreased $4.3 billion.
      • Passenger cars decreased $4.0 billion.
      • Trucks, buses, and special purpose vehicles decreased $3.0 billion.

      Net balance of payments adjustments decreased $8.5 billion.

    Exports of services increased $81.2 billion to $1,107.8 billion in 2024.

    • Travel increased $26.3 billion.
    • Other business services increased $16.0 billion.
    • Telecommunications, computer, and information services increased $11.9 billion.
    • Financial services increased $11.6 billion.

    Imports (exhibits 4, 6, and 8)

    Imports of goods increased $187.1 billion to $3,295.6 billion in 2024.

      Imports of goods on a Census basis increased $187.2 billion.

    • Capital goods increased $103.3 billion.
      • Computer accessories increased $33.5 billion.
      • Computers increased $28.3 billion.
      • Semiconductors increased $9.4 billion.
      • Other industrial machinery increased $9.0 billion.
    • Consumer goods increased $48.4 billion.
      • Pharmaceutical preparations increased $43.6 billion.
    • Automotive vehicles, parts, and engines increased $16.1 billion.
      • Passenger cars increased $10.0 billion.
      • Other automotive parts and accessories increased $4.8 billion.
    • Foods, feeds, and beverages increased $15.9 billion.
      • Meat products increased $3.5 billion.
      • Fruits, frozen juices increased $2.3 billion.
      • Bakery products increased $2.2 billion.
      • Other foods increased $2.0 billion.
      • Vegetables increased $1.7 billion.

      Net balance of payments adjustments decreased $0.2 billion.

    Imports of services increased $66.2 billion to $814.4 billion in 2024.

    • Travel increased $19.2 billion.
    • Charges for the use of intellectual property increased $12.2 billion.
    • Transport increased $11.7 billion.
    • Insurance services increased $11.5 billion.

    Real Goods in 2017 Dollars – Census Basis (exhibit 11)

    The real goods deficit increased $98.8 billion, or 9.6 percent, to $1,132.4 billion in 2024, compared to a 13.2 percent increase in the nominal deficit.

    • Real exports of goods increased $41.7 billion, or 2.5 percent, to $1,737.8 billion, compared to a 2.3 percent increase in nominal exports.
    • Real imports of goods increased $140.5 billion, or 5.1 percent, to $2,870.2 billion, compared to a 6.1 percent increase in nominal imports.

    Goods by Selected Countries and Areas – Census Basis (exhibits 14 and 14a)

    The 2024 figures show surpluses, in billions of dollars, with Netherlands ($55.5), South and Central America ($47.3), Hong Kong ($21.9), Australia ($17.9), and United Kingdom ($11.9). Deficits were recorded, in billions of dollars, with China ($295.4), European Union ($235.6), Mexico ($171.8), Vietnam ($123.5), Ireland ($86.7), Germany ($84.8), Taiwan ($73.9), Japan ($68.5), South Korea ($66.0), Canada ($63.3), India ($45.7), Thailand ($45.6), Italy ($44.0), Switzerland ($38.5), Malaysia ($24.8), Indonesia ($17.9), France ($16.4), Austria ($13.1), and Sweden ($9.8).

    • The deficit with the European Union increased $26.9 billion to $235.6 billion in 2024. Exports increased $2.6 billion to $370.2 billion and imports increased $29.4 billion to $605.8 billion.
    • The deficit with Taiwan increased $26.1 billion to $73.9 billion in 2024. Exports increased $2.4 billion to $42.3 billion and imports increased $28.5 billion to $116.3 billion.
    • The surplus with the Netherlands increased $12.7 billion to $55.5 billion in 2024. Exports increased $8.3 billion to $89.6 billion and imports decreased $4.4 billion to $34.1 billion.

    All statistics referenced are seasonally adjusted; statistics are on a balance of payments basis unless otherwise specified. Additional statistics, including not seasonally adjusted statistics and details for goods on a Census basis, are available in exhibits 1-20b of this release. For information on data sources, definitions, and revision procedures, see the explanatory notes in this release. The full release can be found at www.census.gov/foreign-trade/Press-Release/current_press_release/index.html or www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services. The full schedule is available in the Census Bureau’s Economic Briefing Room at www.census.gov/economic-indicators/ or on BEA’s website at www.bea.gov/news/schedule.

    Next release: March 6, 2025, at 8:30 a.m EST
    U.S. International Trade in Goods and Services, January 2025

    Notice

    Impact of Canada Border Services Agency’s (CBSA) Release of CBSA Assessment and Revenue Management (CARM)

    The CBSA introduced a new accounting system (CARM) on October 21, 2024. As a result, importers in Canada have experienced delays in filing shipment information. These delays affected the compilation of statistics on U.S. exports of goods to Canada for September through December 2024, which are derived from data compiled by Canada through the United States – Canada Data Exchange. A dollar estimate of the filing backlog is included in estimates for late receipts and, following the Census Bureau’s customary practice for late receipt estimates, is included in the export end-use category “Other goods” as well as in exports to Canada. This estimate will be replaced with the actual transactions reported by the Harmonized System classification in June 2025 with the release of “U.S. International Trade in Goods and Services, Annual Revision.” Until then, please refer to the supplemental spreadsheet “CARM Exports to Canada Corrections,” which provides a breakdown of the late receipts by 1-digit end-use category. This spreadsheet will be updated as late export transactions are received to reflect reassignments from the initial “Other goods” category to the appropriate 1-digit end-use category.

    If you have questions or need additional information, please contact the Census Bureau, Economic Indicators Division, International Trade Macro Analysis Branch, on 800-549-0595, option 4, or at eid.international.trade.data@census.gov or BEA, Balance of Payments Division, at InternationalAccounts@bea.gov.

    Upcoming Changes to the Real (Chained-Dollar) Series

    Effective with the release of the February 2025 statistics on April 3, 2025, the Census Bureau will continue to use the Bureau of Labor Statistics (BLS) U.S. Import and Export Price Indexes to calculate the chained-dollar series (exhibits 10 and 11). The BLS will be implementing changes to the indexes with the release of the February 2025 U.S. Import and Export Price Indexes on March 18, 2025. The changes to the indexes could impact the chained-dollar values. Please refer to the BLS notice for additional information on the Upcoming Change to Data Source for Import and Export Price Indexes: U.S. Bureau of Labor Statistics.

    If you have any questions or need additional information, please contact the Census Bureau, Economic Statistical Methods Division, International Trade Statistical Methods Branch, on 301-763-3080.

    MIL OSI USA News –

  • MIL-OSI: Cyabra Launches AI-Powered ‘Insights’ Feature, Safeguarding Brands and Governments Against AI-Driven Digital Disinformation

    Source: GlobeNewswire (MIL-OSI)

    • False news stories are 70% more likely to be shared than true stories across digital platforms, and experts predict disinformation will become the top challenge for public and private sectors worldwide in 2025.
    • Cyabra’s Insights feature equips organizations to quickly and confidently detect and comprehend digital threats.

    New York, NY, Feb. 05, 2025 (GLOBE NEWSWIRE) —  Cyabra Ltd. (“Cyabra”), a leading AI platform for real-time disinformation detection, introduces Insights, a powerful new AI-feature designed to transform complex social media disinformation data into clear, actionable answers in seconds.

    False narratives, fake accounts, and AI-generated content are spreading faster than ever, costing businesses and governments billions annually and eroding public trust and reputations. With AI-generated disinformation spreading six times faster than the truth—especially during high-stakes events like elections and holiday seasons—the need for rapid-response tools has never been more critical.

    Insights takes the complexity out of disinformation detection by breaking down Cyabra’s robust data findings into intuitive visuals and an automated Q&A format. In response to users’ most common requests and questions, Insights empowers brands and governments to quickly uncover harmful narratives, identify fake accounts (bots), and understand how false content spreads—saving time, resources, and reputations during critical moments.

    “Every second matters when identifying and countering disinformation,” said Dan Brahmy, CEO and co-founder of Cyabra. “Insights turns vast amounts of data into clear, actionable knowledge, empowering our clients to uncover the real story behind the data and respond before the damage is done. It’s like having an expert analyst at your fingertips.”

    Key Features of Insights:

    1. Automated Disinformation Analysis: Identifies bots, fake profiles, and harmful narratives without manual input.
    2. Clear, Actionable Visuals: Unveils trends, patterns, and key metrics with heatmaps and charts that anyone can understand.
    3. User-Friendly Q&A Format: Answers critical questions about disinformation scans in seconds, helping users decide their next steps with confidence.

    “Clients often ask, ‘What’s next?’ when confronting disinformation,” said Yossef Daar, CPO and co-founder of Cyabra. “Insights takes the guesswork out of analysis, giving users a straightforward, visual way to see where false narratives are spreading, who’s behind them, and what’s driving engagement. This enables them to respond to digital threats faster and more effectively.”

    During beta testing, Insights enabled:

    • A Fortune 500 company to neutralize reputational damage in minutes after detecting a disinformation spike about its CEO.
    • A government agency to uncover and disrupt hashtags fueling disinformation campaigns, enabling quicker interventions.

    Insights is now available on Cyabra’s platform.

    Cyabra has entered into a business combination agreement (the “Business Combination Agreement”) with Trailblazer Merger Corporation I (NASDAQ: TBMC) (“Trailblazer”), a blank-check special-purpose acquisition company.

    About Cyabra
    Cyabra Strategy Ltd. (“Cyabra”) is a real-time AI-powered platform that uncovers and analyzes online disinformation and misinformation by uncovering fake profiles, harmful narratives, and GenAI content across social media and digital news channels. Cyabra’s AI protects corporations and governments against brand reputation risks, election manipulation, foreign interference, and other online threats. Cyabra’s platform leverages proprietary algorithms and NLP solutions, gathering and analyzing publicly available data to provide clear, actionable insights and real-time alerts that inform critical decision-making. Cyabra uncovers the good, bad, and fake online.

    For more information, visit www.cyabra.com.

    Media Contact:
    Jill Burkes
    Jill@cyabra.com
    Signal Contact: Jillabra.24

    Investor Relations Contact:
    Miri Segal
    MS-IR
    msegal@ms-ir.com

    About Trailblazer
    Trailblazer Merger Corporation I (Nasdaq: TBMC) is a blank check company formed and entered into a merger, shared exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. For more information, visit: www.trailblazermergercorp.com

    Forward-Looking Statements
    This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to certain products that will be the subject of a proposed transaction between Trailblazer Merger Corporation I (“Trailblazer”) and Cyabra Strategy Ltd. (“Cyabra”). All statements other than statements of historical facts contained in this press release, including statements regarding Cyabra’s business strategy, products, research and development costs, plans and objectives of management for future operations, and future results of current and anticipated product offerings, are forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to, the following risks relating to the proposed transaction: the ability to complete the Business Combination or, if Trailblazer does not consummate such Business Combination, any other initial business combination; expectations regarding Cyabra’s strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and Cyabra’s ability to invest in growth initiatives and pursue acquisition opportunities; the occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination Agreement; the outcome of any legal proceedings that may be instituted against Trailblazer or Cyabra following announcement of the Business Combination Agreement and the transactions contemplated therein; the inability to complete the proposed Business Combination due to, among other things, the failure to obtain Trailblazer stockholder approval; the risk that the announcement and consummation of the proposed Business Combination disrupts Cyabra’s current operations and future plans;  the ability to recognize the anticipated benefits of the proposed Business Combination; unexpected costs related to the proposed Business Combination; the amount of any redemptions by existing holders of Trailblazer’s common stock being greater than expected; limited liquidity and trading of Trailblazer’s securities; geopolitical risk and changes in applicable laws or regulations; the size of the addressable markets for Cyabra’s products and services; the possibility that Trailblazer and/or Cyabra may be adversely affected by other economic, business, and/or competitive factors; the ability to obtain and/or maintain the listing of Combined Company’s Common Stock on Nasdaq following the Business Combination; operational risk; and the risks that the consummation of the proposed Business Combination is substantially delayed or does not occur.

    Important Information for Investors and Stockholders
    Trailblazer will file a registration statement on Form S-4 with the SEC, which will include a proxy statement for Trailblazer’s stockholders and a prospectus related to the securities of the combined company. After the registration statement is declared effective, the proxy statement/prospectus will be sent to all Trailblazer stockholders.

    INVESTORS AND STOCKHOLDERS OF TRAILBLAZER ARE URGED TO READ THE REGISTRATION STATEMENT, PROXY STATEMENT/PROSPECTUS, AND OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC CAREFULLY WHEN THEY BECOME AVAILABLE, AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE TRANSACTION AND THE PARTIES INVOLVED.

    Once filed, free copies of these documents can be obtained from the SEC’s website at  www.sec.gov. Additional information about Trailblazer can be found on its website at  www.trailblazermergercorp.com or by contacting info@trailblazermergercorp.com.

    Participants in the Solicitation
    Cyabra, Trailblazer, and their respective directors and executive officers may be deemed participants in the solicitation of proxies from Trailblazer stockholders regarding the transaction. Information about Trailblazer’s directors and executive officers and their ownership of Trailblazer’s securities is set forth in Trailblazer’s most recent Annual Report on Form 10-K filed with the SEC, as modified or supplemented by any Form 3 or Form 4 filed with the SEC since the date of such filing. Other information regarding the interests of the participants in the proxy solicitation will be included in the proxy statement/prospectus pertaining to the proposed Transactions when it becomes available.

    No Offer or Solicitation
    This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, or a solicitation of any vote or approval. No sale of securities shall occur in any jurisdiction in which such offer, solicitation, or sale would be unlawful before registration or qualification under applicable laws.

    The MIL Network –

  • MIL-OSI Global: How to outwit gambling adverts by ‘inoculating’ people against them

    Source: The Conversation – UK – By Jamie Torrance, Lecturer and Researcher in Psychology, Swansea University

    Gambling companies spend an estimated £1.5 billion annually on ad campaigns in the UK alone. Maxx-Studio/Shutterstock

    In a world awash with enticing promises of quick riches and thrilling wins, gambling advertisements have practically become inescapable. These meticulously crafted promotions aim to tap into the hearts and minds of consumers persuading them to gamble – whether that means starting or keeping going.

    With gambling advertising showing no signs of abating, and gambling addiction an ongoing problem across the UK, it is vital that consumers are given tools to resist. Our recent research has found that a targeted approach using “counteradvertising” videos can help people combat these persuasive tactics.

    Gambling advertisements portray gambling in a consistently positive light. They emphasise wins over losses and integrate logos into sporting events, exploiting fans’ emotional bonds with their teams and favourite athletes. For example, our previous research found that an average of 1,565 gambling logos were visible via pitch-side hoardings and on players’ kit during each English Premier League match in the 2022-23 season.

    They also widely promote financial incentives like “free bets”. These are promotions typically giving customers a chance to place a bet without using their own money.

    These incentives often come with opaque terms and conditions, encouraging riskier and potentially more harmful betting behaviour. Social media influencers and affiliates also play a role, disguising promotions as expert advice while profiting from players’ losses.

    The scale of the gambling industry’s investment in advertising is staggering. In the UK alone, companies spend an estimated £1.5 billion annually on ad campaigns spanning television, sports sponsorships and social media.

    While much attention has focused on the effects of gambling ads on children and people with gambling disorders, young adults aged 18 to 29 represent another vulnerable demographic. With lower levels of advertising literacy, young adults are less equipped to recognise and resist manipulative techniques. They also face heightened risks of gambling-related harm when exposed to legal gambling.

    A 2023 study showed that the “safer gambling” messages displayed at the end of gambling ads, such as “take time to think”, are ineffective at reducing harm. Even the term “safer gambling” itself is often seen by viewers, academics and some policymakers as an industry-favoured concept. Research has shown how it can downplay risks, leading to less regulatory oversight by implying that gambling is inherently “safe”. So, it is vital that consumers have the tools to resist the persuasive techniques used in gambling advertising.

    Inoculation theory

    To address this issue, we designed a seven-minute counteradvertising video informed by “inoculation theory”, which is a concept similar to vaccination. By exposing viewers to weakened forms of persuasive gambling tactics, the video aimed to build resistance to these strategies when encountered in the real world.

    Our video targeted five common advertising strategies: the positive portrayal of gambling, demographic targeting, embedding gambling in sports, “free” offers and affiliate marketing. Input from people who had experienced harm from gambling helped ensure the video’s relevance and effect.

    In the video, viewers saw real-world examples of these advertising strategies. Expert narration helped to unpack the manipulative tactics involved. In the segment on “free” offers, the narrator dissected the fine print of a real “free £10 bet” ad. Viewers learned that the offer’s terms were so restrictive that withdrawing the “free” £10 was nearly impossible. It required a £300 deposit of their own money and 50 wagers on slots before any withdrawal was allowed.

    We then conducted a randomised online experiment involving 1,200 young adult gamblers (aged 18 to 29). Half of the participants watched the counteradvertising video, while the other half viewed a video on healthy eating. Participants completed surveys before and after the video and again one month later, measuring their scepticism toward gambling ads, awareness of persuasive tactics and engagement with “free” offer promotions.

    Can counteradvertising videos help to ‘inoculate’ people against harmful gambling?
    REDPIXEL.PL/Shutterstock

    The participants who watched the counteradvertising video reported significantly higher levels of scepticism and awareness of gambling advertising strategies compared to the control group. These effects persisted over time. Even a month later, those who viewed the video maintained their heightened resistance to gambling ads.

    The intervention also led to tangible behavioural changes. Participants who watched the video showed a statistically significant decrease in their use of “free offers”. And 21% of them reported completely ceasing their engagement with such promotions within a month.

    Our findings highlight the potential for counteradvertising to complement broader harm reduction efforts in gambling, such as education and awareness campaigns. In autumn 2024, the UK government announced a statutory levy on gambling operators. It’s expected to generate approximately £100 million annually for research, prevention and treatment of gambling-related harm. But there’s not enough attention on tackling gambling advertising specifically.

    Empowering consumers

    Counteradvertising could be scaled up and delivered alongside independent “safer gambling” messages. By empowering consumers to critically evaluate gambling promotions, our videos have the potential to reduce gambling-related harm at its source.

    Future research could explore alternative delivery formats, such as shorter videos tailored for social media platforms. Or they could examine the long-term effects of repeated exposure to counteradvertising messages.

    With gambling ads dominating our screens, it’s time to level the playing field. Counteradvertising offers a powerful way to help consumers see through the allure of “free bets” and “wins”. And it could help people make more informed choices about their gambling behaviour.

    In the last three years, Jamie Torrance has received: Open access publication funding from Gambling Research Exchange Ontario (GREO), Conference travel and accommodation funding from the Academic Forum for the Study of Gambling (AFSG), and an exploratory research grant from the ASFG and GREO.

    Philip Newall is a member of the Advisory Board for Safer Gambling – an advisory group of the Gambling Commission in Great Britain. In the last three years, Philip Newall has contributed to research projects funded by the Academic Forum for the Study of Gambling, Clean Up Gambling, Gambling Research Australia, and the Victorian Responsible Gambling Foundation. Philip Newall has received honoraria for reviewing from the Academic Forum for the Study of Gambling and the Belgium Ministry of Justice, travel and accommodation funding from the Alberta Gambling Research Institute and the Economic and Social Research Institute, and open access fee funding from the Academic Forum for the Study of Gambling and Greo Evidence Insights.

    – ref. How to outwit gambling adverts by ‘inoculating’ people against them – https://theconversation.com/how-to-outwit-gambling-adverts-by-inoculating-people-against-them-247637

    MIL OSI – Global Reports –

  • MIL-OSI USA: FDIC Releases Documents Related to Supervision of Crypto-Related Activities

    Source: US Federal Deposit Insurance Corporation FDIC

    WASHINGTON – Today, the Federal Deposit Insurance Corporation (FDIC) released 175 documents related to its supervision of banks that engaged in, or sought to engage in, crypto-related activities.

    Acting Chairman Travis Hill issued the following statement in connection with the release:

    “I have been critical in the past of the FDIC’s approach to crypto assets and blockchain.  As I said last March, the FDIC’s approach ‘has contributed to a general perception that the agency was closed for business if institutions are interested in anything related to blockchain or distributed ledger technology.’

    “Upon becoming Acting Chairman, I directed staff to conduct a comprehensive review of all supervisory communications with banks that sought to offer crypto-related products or services.  While this review remains underway, we are releasing a large batch of documents today, in advance of a court-ordered deadline of Friday.  Our decision to release these documents reflects a commitment to enhance transparency, beyond what is required by the Freedom of Information Act (FOIA), while also attempting to fulfill the spirit of the FOIA request.

    “Previously, the FDIC released 25 so-called ‘pause’ letters sent to 24 institutions interested in pursuing crypto- or blockchain-related activities.  The documents released today include (1) additional correspondence with those 24 institutions and (2) correspondence with additional institutions beyond those 24.  The documents that we are releasing today show that requests from these banks were almost universally met with resistance, ranging from repeated requests for further information, to multi-month periods of silence as institutions waited for responses, to directives from supervisors to pause, suspend, or refrain from expanding all crypto- or blockchain-related activity.  Both individually and collectively, these and other actions sent the message to banks that it would be extraordinarily difficult—if not impossible—to move forward.  As a result, the vast majority of banks simply stopped trying.

    “Looking forward, we are actively reevaluating our supervisory approach to crypto-related activities.  This includes replacing Financial Institution Letter (FIL) 16-2022 and providing a pathway for institutions to engage in crypto- and blockchain-related activities while still adhering to safety and soundness principles.  The FDIC also looks forward to engaging with the President’s Working Group on Digital Asset Markets established by the President’s January 23, 2025 Executive Order.”

    A link to the FDIC’s FOIA Reading Room is available here.

    # # #

    MEDIA CONTACT: 
    Media Requests
    mediarequests@FDIC.gov

    MIL OSI USA News –

  • MIL-OSI: New Hope For Pets In The Fight Against Cancer: Fast, Accurate Diagnoses From Torigen Pharmaceuticals And Proscia

    Source: GlobeNewswire (MIL-OSI)

    FARMINGTON, Conn. and PHILADELPHIA, Feb. 05, 2025 (GLOBE NEWSWIRE) — Torigen Pharmaceuticals, recognized for pioneering cancer immunotherapy in veterinary medicine, is using software from Proscia®, a global leader in AI-enabled pathology solutions for precision medicine, to rapidly deliver expert diagnoses through its Specialty Pathology Service. In addition to helping more veterinarians make the best possible care decisions for pets and their families, these results can better inform the personalized vaccines Torigen develops.

    Pathologists at Torigen leverage Proscia’s Concentriq® to make precise diagnoses from data-rich images containing one of the most detailed and direct profiles of diseases like cancer. The enterprise pathology platform also enables Torigen’s team to work efficiently, ensuring results within an average of three-to-five days so that animal patients can begin treatment sooner.

    “Concentriq made our vision for Torigen Specialty Pathology a reality,” said Ashley Kalinauskas, CEO and Co-Founder of Torigen Pharmaceuticals. “We are now able to help veterinary practices of all sizes create hope for pets and their families by building the bridge between diagnostics and personalized immunotherapies, pushing the limits of animal medicine.”

    Torigen was founded to bring personalized cancer vaccines to the veterinary market. Preliminary published efficacy data demonstrates that dogs with metastatic hemangiosarcoma who received Torigen’s targeted immunotherapy or maximum tolerated dose chemotherapy had a 3.5x increase in overall survival compared to surgery alone.1 With Concentriq, Torigen is also in the beginning stages of establishing a data foundation for building AI models that further optimize immunotherapy recommendations.

    “The healthcare community should take note of Torigen,” said David West, Proscia’s CEO. “Realizing the promise of precision medicine depends on matching patients with the right treatments, and Torigen is addressing this full pathway. We are thrilled to play a part in its journey and in the lives of the pets, families, and veterinarians it serves.”

    About Torigen
    Torigen is transforming the pet cancer process with its personalized cancer vaccine and new pathology service, making pet cancer diagnostics and treatment more accessible and seamless. Torigen recognizes the instrumental role pets play in our families and is determined to extend the lives of companion animals despite a cancer diagnosis. Torigen is a spin-out from the University of Notre Dame and backed by Werth Ventures, Connecticut Innovations, Emerald Development Managers, Advantage Capital, The University of Connecticut, The University of Notre Dame, SoGal Ventures, Gaingels, and other prominent investors. For more information visit http://www.torigen.com.

    About Proscia
    Proscia is a software company accelerating pathology’s transition to a digital, data-driven discipline and enabling AI to advance precision medicine. Its Concentriq enterprise pathology platform, precision medicine AI portfolio, and real-world data fuel the development and use of novel therapies and diagnostics to drive the fight against humanity’s most challenging diseases, like cancer. 14 of the top 20 pharmaceutical companies and a global network of diagnostic laboratories rely on Proscia’s solutions each day. The company has FDA 510(k) clearance and CE-IVDR certification for its diagnostic software. For more information, visit proscia.com, and follow Proscia on LinkedIn and X.

    1 Lucroy, M.D., Clauson, R.M., Suckow, M.A. et al. Evaluation of an autologous cancer vaccine for the treatment of metastatic canine hemangiosarcoma: a preliminary study. BMC Vet Res 16, 447 (2020). https://doi.org/10.1186/s12917-020-02675-y

    Contact Information:

    For Proscia
    Sydney Fenkell
    VP, Marketing Communications
    sydney@proscia.com
    215.816.3436

    For Torigen Pharmaceuticals
    Ashley Kalinauskas
    CEO and Co-Founder
    info@torigen.com
    860.519.9956

    The MIL Network –

  • MIL-OSI: Dayforce Reports Fourth Quarter and Full Year 2024 Results1

    Source: GlobeNewswire (MIL-OSI)

    Dayforce® recurring revenue of $347.9 million, up 19% year-over-year in the fourth quarter

    Total revenue of $465.2 million, up 16% year-over-year in the fourth quarter

    Full year 2024 net cash provided by operating activities of $281.1 million, up 28%

    Annual Dayforce gross revenue retention rate of 98%

    MINNEAPOLIS and TORONTO, Feb. 05, 2025 (GLOBE NEWSWIRE) — Dayforce, Inc. (“Dayforce” or the “Company”) (NYSE:DAY) (TSX:DAY), a global leader in human capital management (“HCM”) technology, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2024.

    “2024 was a year of outstanding progress and innovation for Dayforce. We launched the Dayforce brand, maintained our product positioning as leaders in HCM, and drove significant innovation to help our customers achieve their best work,” said David Ossip, Chair and CEO of Dayforce. “We are optimistic about 2025 as current and prospective customers continue to recognize the value the Dayforce platform provides as they streamline HCM processes and navigate compliance complexities.”

    “The fourth quarter of 2024 was the strongest sales quarter in our history – helping us close out a successful year with robust growth across both new business and add-on sales,” said Stephen Holdridge, President and COO of Dayforce. “We saw a healthy mix of enterprise, major-market, and global sales on top of annual gross retention rate of 98% – another company record. This momentum, alongside the strength of our sales pipeline, gives us great confidence in our right to continue winning in 2025.” 

    “Looking out to 2025, we plan to continue executing on the vision laid out during our November investor day, operating the business for optimal cash generation while maintaining our pace of innovation and high levels of customer success,” said Jeremy Johnson, CFO of Dayforce. “I’m pleased that we are starting the year with demonstrable progress toward our profitability goals, raising our 2025 Adjusted EBITDA guidance 100 basis points to 32%.”

    Financial Highlights for the Fourth Quarter 20241

    • Total revenue was $465.2 million, an increase of 16.4%, or 17.0% on a constant currency basis.
    • Dayforce recurring revenue was $347.9 million, an increase of 19.1%, or 19.5% on a constant currency basis. Excluding float revenue, Dayforce recurring revenue was $307.6 million, an increase of 20.0%, or 20.4% on a constant currency basis.
    • Cloud recurring gross margin was 80.0%, compared to 77.0%, an increase of 3.0 percentage points. Adjusted Cloud recurring gross margin was 80.4%, compared to 78.1%, an increase of 2.3 percentage points.
    • Operating profit was $28.5 million, compared to $38.8 million. Adjusted operating profit was $103.3 million, compared to $78.9 million.
    • Net income was $10.8 million, compared to $45.6 million. Adjusted net income was $97.1 million, compared to $80.3 million.
    • Adjusted EBITDA was $129.2 million, compared to $99.2 million. Adjusted EBITDA margin was 27.8%, compared to 24.8%, an increase of 3.0 percentage points.
    • Diluted net income per share was $0.07, compared to $0.29. Adjusted diluted net income per share was $0.60, compared to $0.50.

    Financial Highlights for the Full Year 20241

    • Total revenue was $1,760.0 million, an increase of 16.3%, or 16.7% on a constant currency basis.
    • Dayforce recurring revenue was $1,339.9 million, an increase of 20.6%, or 20.8% on a constant currency basis. Excluding float revenue, Dayforce recurring revenue was $1,159.7 million, an increase of 20.4%, or 20.7% on a constant currency basis.
    • Cloud annualized recurring revenue (“ARR”) was $1,474.1 million, an increase of 17.9%, or $223.5 million.2
    • Cloud recurring gross margin was 78.9%, compared to 77.0%, an increase of 1.9 percentage points. Adjusted Cloud recurring gross margin was 79.8%, compared to 78.3%, an increase of 1.5 percentage points.
    • Operating profit was $104.1 million, compared to $133.1 million. Adjusted operating profit was $410.5 million, compared to $339.8 million.
    • Annual Dayforce gross revenue retention rate was 98.0% for the full year of 2024, compared to 97.1%.2
    • Net income was $18.1 million, compared to $54.8 million. Adjusted net income was $315.8 million, compared to $238.7 million.
    • Adjusted EBITDA was $501.5 million, compared to $410.2 million. Adjusted EBITDA margin was 28.5%, compared to 27.1%, an increase of 1.4 percentage points.
    • Diluted net income per share was $0.11, compared to $0.35. Adjusted diluted net income per share was $1.97, compared to $1.51.
    • Net cash provided by operating activities was $281.1 million, compared to $219.5 million.
    • Free cash flow was $171.5 million, compared to $105.1 million. Free cash flow margin was 9.7%, compared to 6.9%, an increase of 2.8 percentage points.
    • Cash and equivalents were $579.7 million, compared to $570.3 million.

    Supplemental Detail

    • 7.62 million global employees were live on the Dayforce platform as of December 31, 2024, up 11.4% compared to 6.84 million global employees as of December 31, 2023.3
    • 6,876 customers were live on the Dayforce platform as of December 31, 2024, an increase of 146 customers since September 30, 2024 and an increase of 483 customers since December 31, 2023, or 7.6% year-over-year.3
    • Dayforce recurring revenue per customer was $163,101 for the trailing twelve months ended December 31, 2024, an increase of 11.1%.4
    • The average float balance for Dayforce’s customer funds during the quarter was $4.68 billion and the average yield on Dayforce’s float balance was 3.8%, a decrease of 10 basis points year-over-year. Float revenue from invested customer funds was $45.1 million for the three months ended December 31, 2024.
    • The average U.S. dollar to Canadian dollar foreign exchange rate was $1.40 for the three months ended December 31, 2024, compared to $1.36 for the three months ended December 31, 2023. Dayforce presents percentage change in revenue on a constant currency basis in order to exclude the effect of foreign currency rate fluctuations, which it believes is useful to management and investors. Percentage change in revenue was calculated on a constant currency basis by applying the average foreign exchange rate in effect during the comparable prior period.

    1 The financial highlights are on a year-over-year basis, unless otherwise stated. All financial results are reported in United States (“U.S.”) dollars and in accordance with accounting principles generally accepted in the U.S. (“GAAP”), unless otherwise stated.
    2 Excluding Ascender and eloomi.
    3 Excluding Ascender, ADAM HCM, and eloomi.
    4 Excluding float revenue, Ascender, ADAM HCM, and eloomi revenue, and on a constant currency basis. Please refer to the “Non-GAAP Financial Measures” section for discussion of percentage change in revenue on a constant currency basis.

    Business Highlights

    • The Company launched its first mass advertising campaign across the U.S. after uniting its global brand as Dayforce.
    • Dayforce announced the launch of the Dayforce Partner Network to create growth opportunities and provide an exceptional experience for customers.
    • Dayforce was named a Leader in the IDC MarketScape – Worldwide Cloud-Enabled Human Capital Management 2024 Vendor Assessment and a Leader in the Nucleus Research Full Suite Talent Acquisition Technology Value Matrix 2024.
    • Dayforce won the gold medal and was named a Leader in Software Reviews Data Quadrant Awards for both HCM Enterprise Software and WFM Enterprise Software and was recognized by Constellation Research for excellence in Workforce Management Suites, HCM Suites with a North American Focus, Global HCM Suites, and Payroll for North American SMBs.
    • For the second consecutive year, Dayforce was named by Newsweek magazine and the Best Practice Institute as one of the Top 100 Most Loved Workplaces in America, made Computerworld’s list of Best Places to Work in IT, and earned a place on the United Kingdom’s (“U.K.”) Most Loved Workplace list.
    • Dayforce achieved record attendance at Dayforce Discover 2024, its annual customer conference in Las Vegas, where it welcomed its global community of customers, prospective customers, partners, and industry disruptors.

    Sales Highlights

    • A large member-owned retail cooperative selected the full Dayforce suite to support all 66,000 employees at 362 stores across nine states in the U.S.
    • A large global manufacturer and distributor of paints and coatings supporting 60,000 employees has expanded its partnership with Dayforce Payroll and Workforce Management for its regions beyond the U.S.
    • A global air services provider with over 48,000 employees across 35 countries has expanded its partnership with Dayforce to its U.S. operations. The company, which employs 3,200 in the U.S., has purchased the full suite of Dayforce products, including Managed Payroll.
    • A space exploration company selected Dayforce Payroll and Time and Attendance to support its 18,000 employees.
    • A global manufacturer of construction equipment selected Dayforce for Managed Payroll and Time and Attendance, supporting 6,500 employees and 500 pensioners globally.
    • A large Indigenous organization in the U.S. selected the full Dayforce suite to support 5,000 employees across Arizona, New Mexico, Utah, and Colorado.
    • A specialty food distributor with 5,000 employees across the U.S. and Canada has expanded its Dayforce partnership to include Advanced Experience Hub, Succession Planning, Co-Pilot, Career Explorer, Engagement, and Talent Acquisition Management.
    • A global beverage company has expanded its partnership with Dayforce choosing Time and Managed Payroll, to support 3,100 employees across the United States and Canada.
    • A global leader specializing in radiation detection, measurement, and monitoring solutions opted for the full Dayforce HCM suite to support its 3,000 employees globally.

    Customer Highlights

    • A global aviation services provider with over 55,000 employees across 36 countries has successfully gone live with Dayforce HR and Payroll for 8,000 employees in the U.K. and plans to continue its global rollout of the platform.
    • A leading American entertainment company with 23,000 employees successfully launched Dayforce Talent – Performance, Learning, Compensation, and Succession Planning – across its U.S. operations.
    • A leading U.K. contract catering and support services provider successfully implemented Dayforce HR and Payroll for its 10,500 employees.
    • A large public sector organization in North Carolina has gone live with Dayforce HR, Payroll, Benefits, Time, and People Analytics to support 8,000 employees.
    • A U.S gaming and digital entertainment company has successfully gone live with Dayforce HR, Payroll, Time and People Analytics, supporting 5,800 employees across the U.S. and Canada.
    • A global cybersecurity company has gone live with Dayforce HR, Payroll, and Time and Attendance, supporting 2,900 employees across the U.S.
    • A leading U.S. based commercial real estate company has successfully implemented Dayforce, using HR, Managed Payroll, Managed Benefits, Time and Talent to support its 2,650 employees.

    Product Roadmap Highlights

    In the fourth quarter, Dayforce continued to set a new standard for the HCM industry by bringing product capabilities to market to help organizations invest in their people and push their businesses forward.

    • 900+ compliance updates in 2024 further strengthen the company’s industry-leading position in compliance by addressing taxes, workers’ compensation, garnishments, dependent care, and multiple state and city rate changes.
    • New intelligence capabilities across the Dayforce suite will help customers simplify and accelerate business processes including:
      • Dayforce Co-Pilot, made generally available to all customers in Q4, optimizes people operations by enabling a more informed, empowered, and productive workforce through a powerful GenAI assistant that is personalized to answer contextual questions, summarize data, and provide step-by-step guidance.
      • Dayforce Artificial Intelligence (“AI”) Agents, announced at Dayforce Discover, will help customers accelerate workflows, efficiencies, and decision-making by automating repetitive tasks across the employee lifecycle.
      • AI-enhanced Dayforce Demand Forecasting, a new capability, better predicts demand and labor needs by delivering AI-enhanced insights through machine learning algorithms to help organizations plan more effectively.
      • Dayforce Workforce Insights, a new feature, provides critical workforce insights and serves as a one-stop shop for people leaders.
    • Dayforce Shift Marketplace supercharges staffing mobility by enabling workers to search for, select, and fill open shifts, right from their mobile device. Shift Marketplace provides workers with the up-front information required to understand their role, work, and compensation.
    • Dayforce Talent enhancements elevate the experience for talent acquisition professionals by enabling them to hire at scale, reduce complexities in recruitment, and view qualified candidates quickly and efficiently.
    • Dayforce Wallet updates include new direct-to-bank functionality with the option to continue to access available pay using Dayforce Wallet or to choose to send pay directly to another personal bank account and expanded access to on-demand pay using Dayforce Mobile.

    Business Outlook

    Based on information available as of February 5, 2025, Dayforce is issuing the following guidance for the full year and first quarter of 2025 as indicated below. Comparisons are on a year-over-year basis, unless stated otherwise.

    First Quarter 2025 Guidance

    • Total revenue, excluding float, of $421 million to $427 million, an increase of approximately 13.5% to 15% on a GAAP basis, or approximately 15.5% to 17% on a constant currency basis.
    • Float revenue of $53 million.
    • Adjusted EBITDA margin of 31% to 32%.

    Full Year 2025 Guidance

    • Total revenue, excluding float, of $1,745 million to $1,760 million, an increase of approximately 11.9% to 12.8% on a GAAP basis, or approximately 14% to 15% on a constant currency basis.
    • Dayforce recurring revenue, excluding float, of $1,315 million to $1,340 million, an increase of approximately 13.4% to 15.5% on a GAAP basis, or approximately 15% to 17% on a constant currency basis.
    • Float revenue of $180 million.
    • Adjusted EBITDA margin of 32%.
    • Free cash flow margin of 12%.

    Please refer to the “Reconciliation of GAAP to Non-GAAP Financial Measures” section for a reconciliation of Dayforce’s free cash flow margin guidance. Dayforce has not reconciled the Adjusted EBITDA margin ranges for the first quarter or full year of 2025 to the directly comparable GAAP financial measures because applicable information for the future period, on which these reconciliations would be based, is not available without unreasonable efforts due to uncertainty regarding, and the potential variability of, depreciation and amortization, share-based compensation expense and related employer taxes, changes in foreign currency exchange rates, and other items.

    Foreign Exchange

    For the first quarter and full year of 2025, Dayforce’s guidance assumes an average U.S. dollar to key foreign currencies as follows:

      % of 2024 total
    revenue    		 Foreign exchange
    rate assumed in
    guidance    		 Foreign exchange rate
    in Q1 2024    		 Foreign exchange rate
    in FY 2024
    U.S. dollar to Canadian dollar 21% 1.44 1.35 1.37
    U.S. dollar to Australian dollar 4% 1.61 1.52 1.52
    U.S. dollar to Great British pound 3% 0.81 0.79 0.78
             

    Conference Call Details

    Dayforce will host a live webcast and conference call to discuss the fourth quarter and full year 2024 earnings at 8:00 a.m. Eastern Time on February 5, 2025. Those wishing to participate via the webcast should access the call through the Investor Relations section of the Dayforce website. Those wishing to participate via the telephone may dial in at 877-497-9071 (USA) or 201-689-8727 (International). The webcast replay will be available through the Investor Relations section of the Dayforce website.

    About Dayforce

    Dayforce makes work life better. Everything we do as a global leader in HCM technology is focused on improving work for thousands of customers and millions of employees around the world. Our single, global people platform for HR, Pay, Time, Talent, and Analytics equips Dayforce customers to unlock their full workforce potential and operate with confidence. To learn how Dayforce helps create quantifiable value for organizations of all sizes and industries, visit dayforce.com.

    Forward-Looking Statements

    This press release contains forward-looking statements that are subject to risks and uncertainties. All statements other than statements of historical fact or relating to present facts or current conditions included in this press release are forward-looking statements. Forward-looking statements give Dayforce’s current expectations and projections relating to its financial condition, results of operations, plans, objectives, future performance, and business. Users can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. Forward-looking statements in this press release include statements relating to the full year and first quarter of 2025, as well as those relating to future growth initiatives. These statements may include words such as “anticipate,” “estimate,” “expect,” “assume”, “project,” “seek,” “plan,” “intend,” “believe,” “will,” “may,” “could,” “continue,” “likely,” “should,” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events, but not all forward-looking statements contain these identifying words. The forward-looking statements contained in this press release are based on assumptions that Dayforce has made in light of its industry experience and its perceptions of historical trends, current conditions, expected future developments and other factors that it believes are appropriate under the circumstances. As users consider this press release, it should be understood that these statements are not guarantees of performance or results. These assumptions and Dayforce’s future performance or results involve risks and uncertainties (many of which are beyond its control). In particular:

    • its inability to maintain its high Cloud solutions growth rate, manage its domestic and international growth effectively, or execute on its growth strategy;
    • the impact of disruptions to the movement of funds to initiate payroll-related transactions on behalf of  customers;
    • its failure to manage its aging technical operations infrastructure;
    • system breaches, interruptions or failures, including cyber-security breaches, identity theft, or other disruptions that could compromise customer information or sensitive company information, including its ongoing consent order with the Federal Trade Commission regarding data protection;
    • its failure to comply with applicable privacy, data protection, information security, and financial services laws, regulations and standards;
    • its inability to successfully compete in the markets in which Dayforce operates and expand its current offerings into new markets or further penetrate existing markets due to competition;
    • its failure to properly update its solutions to enable its customers to comply with applicable laws;
    • its failure to provide new or enhanced functionality and features, including those that may involve artificial intelligence or machine learning;
    • its inability to maintain necessary third-party relationships, and third-party software licenses, and identify errors in the software it licenses;
    • its inability to offer and deliver high-quality technical support, implementation, and professional services;
    • its inability to attract and retain senior management employees and highly skilled employees;
    • the impact of its outstanding debt obligations on its financial condition, results of operations, and value of its common stock;
    • its ability to maintain effective internal control over financial reporting, and the effect of the existing material weakness in its internal control over financial reporting on its business, financial condition, and results of operations; or
    • the impact of adverse economic and market conditions on its business, operating results, or financial condition.

    Although Dayforce has attempted to identify important risk factors, additional factors or events that could cause Dayforce’s actual performance to differ from these forward-looking statements may emerge from time to time, and it is not possible for Dayforce to predict all of them. Should one or more of these risks or uncertainties materialize, or should any of Dayforce’s assumptions prove incorrect, its actual financial condition, results of operations, future performance, and business may vary in material respects from the performance projected in these forward-looking statements. In addition to any factors and assumptions set forth above in this press release, the material factors and assumptions used to develop the forward-looking information include, but are not limited to: the general economy remains stable; the competitive environment in the HCM market remains stable; the demand environment for HCM solutions remains stable; Dayforce’s implementation capabilities and cycle times remain stable; foreign exchange rates, both current and those used in developing forward-looking statements, specifically U.S. dollar to Canadian dollar, remain stable at, or near, current rates; Dayforce will be able to maintain its relationships with its employees, customers, and partners; Dayforce will continue to attract qualified personnel to support its development requirements and the support of its new and existing customers; and that the risk factors noted above, individually or collectively, do not have a material impact on Dayforce. Any forward-looking statement made by Dayforce in this press release speaks only as of the date on which it is made. Dayforce undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

         
    Dayforce, Inc.
    Condensed Consolidated Balance Sheets
    (Unaudited)
         
      December 31,  
      2024     2023  
    (In millions, except per share data)          
    Assets          
    Current assets:          
    Cash and equivalents $ 579.7     $ 570.3  
    Restricted cash   —       0.8  
    Trade and other receivables, net   264.8       228.8  
    Prepaid expenses and other current assets   137.5       126.7  
    Total current assets before customer funds   982.0       926.6  
    Customer funds   5,001.5       5,028.6  
    Total current assets   5,983.5       5,955.2  
    Right of use lease assets, net   12.3       19.1  
    Property, plant, and equipment, net   223.7       210.1  
    Goodwill   2,336.7       2,293.9  
    Other intangible assets, net   189.2       230.2  
    Deferred sales commissions   231.8       192.1  
    Other assets   139.8       110.3  
    Total assets $ 9,117.0     $ 9,010.9  
               
    Liabilities and stockholders’ equity          
    Current liabilities:          
    Current portion of long-term debt $ 7.3     $ 7.6  
    Current portion of long-term lease liabilities   5.7       7.0  
    Accounts payable   77.0       66.7  
    Deferred revenue   42.3       40.2  
    Employee compensation and benefits   126.8       92.9  
    Other accrued expenses   31.5       30.4  
    Total current liabilities before customer funds obligations   290.6       244.8  
    Customer funds obligations   5,024.2       5,090.1  
    Total current liabilities   5,314.8       5,334.9  
    Long-term debt, less current portion   1,209.1       1,210.1  
    Employee benefit plans   5.9       27.7  
    Long-term lease liabilities, less current portion   10.8       18.9  
    Other liabilities   30.1       21.1  
    Total liabilities   6,570.7       6,612.7  
    Commitments and contingencies          
    Stockholders’ equity:          
    Common stock, $0.01 par, 500.0 shares authorized, 159.0 and 156.3 shares issued and outstanding, respectively   1.6       1.6  
    Additional paid in capital   3,363.2       3,151.1  
    Accumulated deficit   (335.8 )     (317.8 )
    Accumulated other comprehensive loss   (482.7 )     (436.7 )
    Total stockholders’ equity   2,546.3       2,398.2  
    Total liabilities and stockholders’ equity $ 9,117.0     $ 9,010.9  
                   
    Dayforce, Inc.
    Condensed Consolidated Statements of Operations
    (Unaudited)
               
      Three Months Ended December 31,     Year Ended December 31,  
      2024     2023     2024     2023  
    (In millions, except per share data)                      
    Revenue:                      
    Recurring $ 393.7     $ 339.1     $ 1,517.3     $ 1,297.3  
    Professional services and other   71.5       60.6       242.7       216.4  
    Total revenue   465.2       399.7       1,760.0       1,513.7  
    Cost of revenue:                      
    Recurring   87.6       85.5       352.7       324.9  
    Professional services and other   80.2       68.6       291.0       265.6  
    Product development and management   57.0       56.4       223.8       209.9  
    Depreciation and amortization   21.8       19.4       80.4       66.8  
    Total cost of revenue   246.6       229.9       947.9       867.2  
    Gross profit   218.6       169.8       812.1       646.5  
    Selling and marketing   93.5       72.7       342.0       250.2  
    General and administrative   96.6       58.3       366.0       263.2  
    Operating profit   28.5       38.8       104.1       133.1  
    Interest expense, net   7.4       8.9       40.6       36.1  
    Other expense (income), net   20.2       (5.6 )     25.9       1.0  
    Income before income taxes   0.9       35.5       37.6       96.0  
    Income tax (benefit) expense   (9.9 )     (10.1 )     19.5       41.2  
    Net income $ 10.8     $ 45.6     $ 18.1     $ 54.8  
    Net income per share:                      
    Basic $ 0.07     $ 0.29     $ 0.11     $ 0.35  
    Diluted $ 0.07     $ 0.29     $ 0.11     $ 0.35  
    Weighted average shares outstanding:                      
    Basic   158.3       156.2       157.8       155.3  
    Diluted   161.8       159.2       160.4       158.5  
                                   
    Dayforce, Inc.
    Condensed Consolidated Statements of Cash Flows
    (Unaudited)
         
      Year Ended December 31,  
      2024     2023  
    (In millions)          
    Cash flows from operating activities          
    Net income $ 18.1     $ 54.8  
    Adjustments to reconcile net income to net cash provided by operating activities:          
    Deferred income tax (benefit) expense   (34.1 )     4.1  
    Depreciation and amortization   209.8       132.5  
    Amortization of debt issuance costs and debt discount   4.2       4.4  
    Loss on debt extinguishment   4.3       —  
    Provision for doubtful accounts   10.1       5.4  
    Net periodic pension and postretirement cost   10.1       1.1  
    Share-based compensation expense   155.5       136.7  
    Change in fair value of contingent consideration   9.0       4.3  
    Other   0.1       1.0  
    Changes in operating assets and liabilities, excluding effects of acquisitions:          
    Trade and other receivables   (48.0 )     (48.3 )
    Prepaid expenses and other current assets   (3.3 )     (22.1 )
    Deferred sales commissions   (43.9 )     (39.5 )
    Accounts payable and other accrued expenses   15.7       9.3  
    Deferred revenue   (4.4 )     (1.3 )
    Employee compensation and benefits   12.8       (7.5 )
    Accrued taxes   (3.6 )     (4.7 )
    Payment of contingent consideration   (20.9 )     —  
    Other assets and liabilities   (10.4 )     (10.7 )
    Net cash provided by operating activities   281.1       219.5  
               
    Cash flows from investing activities          
    Purchases of customer funds marketable securities   (541.1 )     (528.1 )
    Proceeds from sale and maturity of customer funds marketable securities   353.4       445.5  
    Purchases of marketable securities   (16.2 )     (6.8 )
    Proceeds from sale and maturity of marketable securities   14.7       2.0  
    Expenditures for property, plant, and equipment   (14.3 )     (19.0 )
    Expenditures for software and technology   (95.3 )     (95.4 )
    Acquisition costs, net of cash acquired   (173.1 )     —  
    Other   —       (1.0 )
    Net cash used in investing activities   (471.9 )     (202.8 )
               
    Cash flows from financing activities          
    Increase in customer funds obligations, net   51.8       200.9  
    Proceeds from issuance of common stock under share-based compensation plans   56.6       49.0  
    Repurchases of common stock   (36.1 )     —  
    Proceeds from debt issuance   650.0       —  
    Repayment of long-term debt obligations   (648.3 )     (7.9 )
    Payment of debt refinancing costs   (11.4 )     —  
    Payment of contingent consideration   (3.0 )     —  
    Net cash provided by financing activities   59.6       242.0  
               
    Effect of exchange rate changes on cash, restricted cash, and equivalents   (36.3 )     11.5  
    Net (decrease) increase in cash, restricted cash, and equivalents   (167.5 )     270.2  
    Cash, restricted cash, and equivalents at beginning of period   3,421.4       3,151.2  
    Cash, restricted cash, and equivalents at end of period $ 3,253.9     $ 3,421.4  
               
    Reconciliation of cash, restricted cash, and equivalents to the
    consolidated balance sheets    		          
    Cash and equivalents $ 579.7     $ 570.3  
    Restricted cash   —       0.8  
    Restricted cash and equivalents included in customer funds   2,674.2       2,850.3  
    Total cash, restricted cash, and equivalents $ 3,253.9     $ 3,421.4  
               
    Supplemental cash flow information          
    Cash paid for interest $ 45.3     $ 52.4  
    Cash paid for income taxes   56.4       43.0  
    Cash received from income tax refunds   0.8       0.6  
                   
    Dayforce, Inc.
    Revenue Financial Measures
    (Unaudited)
                           
      Three Months Ended
    December 31,    		     Percentage
    change in
    revenue    		     Impact of
    changes in
    foreign
    currency
    (a)    		     Percentage
    change in
    revenue on
    a constant
    currency
    basis (a)    		  
      2024     2023     2024 vs.
    2023    		           2024 vs.
    2023    		  
      (In millions)                    
    Revenue:                            
    Recurring revenue:                            
    Dayforce recurring, excluding float $ 307.6     $ 256.4       20.0 %     (0.4 )%     20.4 %
    Dayforce float   40.3       35.7       12.9 %     (0.5 )%     13.4 %
    Total Dayforce recurring   347.9       292.1       19.1 %     (0.4 )%     19.5 %
    Powerpay recurring, excluding float   23.1       23.1       (— )%     (2.6 )%     2.6 %
    Powerpay float   4.4       5.0       (12.0 )%     (4.0 )%     (8.0 )%
    Total Powerpay recurring   27.5       28.1       (2.1 )%     (2.8 )%     0.7 %
    Total Cloud recurring   375.4       320.2       17.2 %     (0.7 )%     17.9 %
    Other recurring (b)   18.3       18.9       (3.2 )%     0.5 %     (3.7 )%
    Total recurring revenue   393.7       339.1       16.1 %     (0.6 )%     16.7 %
    Professional services and other (c)   71.5       60.6       18.0 %     (0.8 )%     18.8 %
    Total revenue $ 465.2     $ 399.7       16.4 %     (0.6 )%     17.0 %
    a) Dayforce has calculated percentage change in revenue on a constant currency basis by applying the average foreign exchange rate in effect during the comparable prior period. Please refer to the “Non-GAAP Financial Measures” section for discussion of percentage change in revenue on a constant currency basis.
    b) Float attributable to Other recurring was $0.4 million and $0.5 million for the three months ended December 31, 2024, and 2023, respectively.
    c) For the three months ended December 31, 2024, Professional services and other consisted of $69.4 million, $1.9 million, $0.2 million associated with Dayforce, Other, and Powerpay, respectively. For the three months ended December 31, 2023, Professional services and other consisted of $57.6 million, $2.7 million, and $0.3 million associated with Dayforce, Other, and Powerpay, respectively.
       
      Year Ended December 31,     Percentage
    change in
    revenue    		     Impact of
    changes in
    foreign
    currency
    (a)    		     Percentage
    change in
    revenue on
    a constant
    currency
    basis (a)    		  
      2024     2023     2024 vs.
    2023    		           2024 vs.
    2023    		  
      (In millions)                    
    Revenue:                            
    Recurring revenue:                            
    Dayforce recurring, excluding float $ 1,159.7     $ 962.9       20.4 %     (0.3 )%     20.7 %
    Dayforce float   180.2       148.2       21.6 %     (0.3 )%     21.9 %
    Total Dayforce recurring   1,339.9       1,111.1       20.6 %     (0.2 )%     20.8 %
    Powerpay recurring, excluding float   83.7       81.9       2.2 %     (1.6 )%     3.8 %
    Powerpay float   18.8       18.4       2.2 %     (1.6 )%     3.8 %
    Total Powerpay recurring   102.5       100.3       2.2 %     (1.6 )%     3.8 %
    Total Cloud recurring   1,442.4       1,211.4       19.1 %     (0.3 )%     19.4 %
    Other recurring (b)   74.9       85.9       (12.8 )%     (0.7 )%     (12.1 )%
    Total recurring revenue   1,517.3       1,297.3       17.0 %     (0.3 )%     17.3 %
    Professional services and other (c)   242.7       216.4       12.2 %     (0.3 )%     12.5 %
    Total revenue $ 1,760.0     $ 1,513.7       16.3 %     (0.4 )%     16.7 %
    a) Dayforce has calculated percentage change in revenue on a constant currency basis by applying the average foreign exchange rate in effect during the comparable prior period. Please refer to the “Non-GAAP Financial Measures” section for discussion of percentage change in revenue on a constant currency basis.
    b) Float attributable to Other recurring was $1.3 million and $2.1 million for the years ended December 31, 2024 and 2023, respectively.
    c) For the year ended December 31, 2024, Professional services and other consisted of $233.8 million, $8.5 million, and $0.4 million associated with Dayforce, Other, and Powerpay, respectively. For the year ended December 31, 2023, Professional services and other consisted of $202.1 million, $13.8 million, and $0.5 million associated with Dayforce, Other, and Powerpay, respectively.
       
    Dayforce, Inc.
    Share-Based Compensation Expense and Related Employer Taxes
    (Unaudited)
               
      Three Months Ended
    December 31,    		     Twelve Months Ended
    December 31,    		  
      2024     2023     2024     2023  
      (in millions)  
    Cost of revenue – Cloud $ 1.7     $ 3.5     $ 11.3     $ 15.4  
    Cost of revenue – Other   0.5       0.3       2.2       1.5  
    Professional services and other   2.5       3.7       14.2       17.2  
    Product development and management   7.6       6.8       32.6       32.5  
    Sales and marketing   9.1       4.5       36.3       23.5  
    General and administrative   16.8       —       60.0       47.0  
    Total $ 38.2     $ 18.8     $ 156.6     $ 137.1  
                                   
    Dayforce, Inc.
    Reconciliation of GAAP to Non-GAAP Financial Measures
    (Unaudited)
     
    The following tables reconcile Dayforce’s reported results to its non-GAAP financial measures:
         
      Three Months Ended December 31, 2024  
      As
    reported    		     As
    reported
    margins
    (a)    		     Share-based
    compensation    		     Amortization     Other (b)     As
    adjusted
    (b)    		     As
    adjusted
    margins
    (a)    		  
      (Dollars in millions, except per share data)  
    Cost of Cloud recurring revenue $ 75.2       80.0 %   $ 1.7     $ —     $ 0.1     $ 73.4       80.4 %
                                             
    Operating profit $ 28.5       6.1 %   $ 38.2     $ 32.5     $ 4.1     $ 103.3       22.2 %
                                             
    Net income $ 10.8       2.3 %   $ 38.2     $ 32.5     $ 15.6     $ 97.1       20.9 %
    Interest expense, net   7.4             —       —       —       7.4        
    Income tax benefit (c)   (9.9 )           —       —       (8.8 )     (1.1 )      
    Depreciation and amortization   58.3             —       32.5       —       25.8        
    EBITDA $ 66.6           $ 38.2     $ —     $ 24.4     $ 129.2       27.8 %
                                             
    Net income per share – diluted $ 0.07           $ 0.24     $ 0.20     $ 0.10     $ 0.60        
    (a) Cloud recurring gross margin is defined as total Cloud recurring revenue less cost of Cloud recurring revenue as a percentage of total Cloud recurring revenue. Operating profit margin and net profit margin are determined by calculating the percentage operating profit and net income are of total revenue. Please refer to the “Non-GAAP Financial Measures” section for additional information on the as adjusted margins.
    (b) The as adjusted column is a non-GAAP financial measure, adjusted to exclude share-based compensation expense and related employer taxes, amortization of acquisition-related intangible assets, and certain other items. The adjustment to operating profit consists of $4.1 million of restructuring expenses. The adjustments to net income also include $17.1 million of foreign exchange loss, $3.2 million of costs associated with the planned termination of its frozen U.S. pension plan, and a $8.8 million net adjustment for the effect of income taxes related to these items. Please refer to the “Non-GAAP Financial Measures” section for additional information on the as adjusted metrics.
    (c) Income tax effects have been calculated based on the statutory tax rates in effect in the U.S. and foreign jurisdictions during the period.
       
      Three Months Ended December 31, 2023  
      As
    reported    		     As
    reported
    margins
    (a)    		     Share-based
    compensation    		     Amortization     Other (b)     As
    adjusted
    (b)    		     As
    adjusted
    margins
    (a)    		  
      (Dollars in millions, except per share data)  
    Cost of Cloud recurring revenue $ 73.7       77.0 %   $ 3.5     $ —     $ —     $ 70.2       78.1 %
                                             
    Operating profit $ 38.8       9.7 %   $ 18.8     $ 27.8     $ (6.5 )   $ 78.9       19.7 %
                                             
    Net income $ 45.6       11.4 %   $ 18.8     $ 27.8     $ (11.9 )   $ 80.3       20.1 %
    Interest expense, net   8.9             —       —       —       8.9        
    Income tax benefit (c)   (10.1 )           —       —       0.5       (10.6 )      
    Depreciation and amortization   48.4             —       27.8       —       20.6        
    EBITDA $ 92.8           $ 18.8     $ —     $ (12.4 )   $ 99.2       24.8 %
                                             
    Net income per share – diluted $ 0.29           $ 0.12     $ 0.17     $ (0.07 )   $ 0.50        
    (a) Cloud recurring gross margin is defined as total Cloud recurring revenue less cost of Cloud recurring revenue as a percentage of total Cloud recurring revenue. Operating profit margin and net profit margin are determined by calculating the percentage operating profit and net income are of total revenue. Please refer to the “Non-GAAP Financial Measures” section for additional information on the as adjusted margins.
    (b) The as adjusted column is a non-GAAP financial measure, adjusted to exclude share-based compensation expense and related employer taxes, amortization of acquisition-related intangible assets, and certain other items. The adjustments to operating profit consist of a $7.5 million gain related to the impact of the fair value adjustment for the DataFuzion contingent consideration, a $0.3 million gain related to the abandonment of certain leased facilities, and $1.3 million of restructuring expenses. The adjustments to net income also include $5.9 million of foreign exchange gain and a $0.5 million net adjustment for the effect of income taxes related to these items. Please refer to the “Non-GAAP Financial Measures” section for additional information on the as adjusted metrics.
    (c) Income tax effects have been calculated based on the statutory tax rates in effect in the U.S. and foreign jurisdictions during the period.
       
      Year Ended December 31, 2024  
      As
    reported    		     As
    reported
    margins
    (a)    		     Share-based
    compensation    		     Amortization     Other (b)     As
    adjusted
    (b)    		     As
    adjusted
    margins
    (a)    		  
      (Dollars in millions, except per share data)  
    Cost of Cloud recurring revenue $ 303.7       78.9 %   $ 11.3     $ —     $ 1.0     $ 291.4       79.8 %
                                             
    Operating profit $ 104.1       5.9 %   $ 156.6     $ 120.0     $ 29.8     $ 410.5       23.3 %
                                             
    Net income $ 18.1       1.0 %   $ 156.6     $ 120.0     $ 21.1     $ 315.8       17.9 %
    Interest expense, net   40.6             —       —       —       40.6        
    Income tax expense (c)   19.5             —       —       (35.8 )     55.3        
    Depreciation and amortization   209.8             —       120.0       —       89.8        
    EBITDA $ 288.0           $ 156.6     $ —     $ 56.9     $ 501.5       28.5 %
                                             
    Net income per share – diluted $ 0.11           $ 0.98     $ 0.75     $ 0.13     $ 1.97        
    (a) Cloud recurring gross margin is defined as total Cloud recurring revenue less cost of Cloud recurring revenue as a percentage of total Cloud recurring revenue. Operating profit margin and net profit margin are determined by calculating the percentage operating profit and net income are of total revenue. Please refer to the “Non-GAAP Financial Measures” section for additional information on the as adjusted margins.
    (b) The as adjusted column is a non-GAAP financial measure, adjusted to exclude share-based compensation expense and related employer taxes, amortization of acquisition-related intangible assets, and certain other items. The adjustments to operating profit consist of $19.8 million of restructuring expenses, $9.0 million related to the impact of the fair value adjustment for the DataFuzion contingent consideration, and $1.0 million of fees associated with initiating the receivables securitization program. The adjustments to net income also include $14.2 million of foreign exchange loss, $12.9 million of costs associated with the planned termination of our frozen U.S. pension plan, and a $35.8 million net adjustment for the effect of income taxes related to these items. Please refer to the “Non-GAAP Financial Measures” section for additional information on the as adjusted metrics.
    (c) Income tax effects have been calculated based on the statutory tax rates in effect in the U.S. and foreign jurisdictions during the period.
       
      Year Ended December 31, 2023  
      As
    reported    		     As
    reported
    margins
    (a)    		     Share-based
    compensation    		     Amortization     Other (b)     As
    adjusted
    (b)    		     As
    adjusted
    margins
    (a)    		  
      (Dollars in millions, except per share data)  
    Cost of Cloud recurring revenue $ 278.5       77.0 %   $ 15.4     $ —     $ —     $ 263.1       78.3 %
                                             
    Operating profit $ 133.1       8.8 %   $ 137.1     $ 60.5     $ 9.1     $ 339.8       22.4 %
                                             
    Net income $ 54.8       3.6 %   $ 137.1     $ 60.5     $ (13.7 )   $ 238.7       15.8 %
    Interest expense, net   36.1             —       —       —       36.1        
    Income tax expense (c)   41.2             —       —       (22.2 )     63.4        
    Depreciation and amortization   132.5             —       60.5       —       72.0        
    EBITDA $ 264.6           $ 137.1     $ —     $ 8.5     $ 410.2       27.1 %
                                             
    Net income per share – diluted $ 0.35           $ 0.86     $ 0.38     $ (0.09 )   $ 1.51        
    (a) Cloud recurring gross margin is defined as total Cloud recurring revenue less cost of Cloud recurring revenue as a percentage of total Cloud recurring revenue. Operating profit margin and net profit margin are determined by calculating the percentage operating profit and net income are of total revenue. Please refer to the “Non-GAAP Financial Measures” section for additional information on the as adjusted margins.
    (b) The as adjusted column is a non-GAAP financial measure, adjusted to exclude share-based compensation expense and related employer taxes, amortization of acquisition-related intangible assets, and certain other items. The adjustments to operating profit consist of $4.7 million of restructuring expenses, $4.3 million related to the impact of the fair value adjustment for the DataFuzion contingent consideration, and $0.1 million related to the abandonment of certain leased facilities. The adjustments to net income also include $0.6 million of foreign exchange gain and a $22.2 million net adjustment for the effect of income taxes related to these items. Please refer to the “Non-GAAP Financial Measures” section for additional information on the as adjusted metrics.
    (c) Income tax effects have been calculated based on the statutory tax rates in effect in the U.S. and foreign jurisdictions during the period.
       
    Dayforce, Inc.
    Reconciliation of Free Cash Flow
    (Unaudited)
     
    The following table reconciles Dayforce’s reported results to free cash flow:
               
      Three Months Ended December 31,     Year Ended December 31,  
      2024     2023     2024     2023  
      (In millions)  
    Net cash provided by operating activities $ 81.0     $ 89.9     $ 281.1     $ 219.5  
    Capital expenditures   (26.8 )     (26.1 )     (109.6 )     (114.4 )
    Free cash flow $ 54.2     $ 63.8     $ 171.5     $ 105.1  
                           
    Operating cash flow margin (a)   17.4 %     22.5 %     16.0 %     14.5 %
    Free cash flow margin (b)   11.7 %     16.0 %     9.7 %     6.9 %
                                   

    The following table reconciles Dayforce’s free cash flow guidance:

      Year Ended December 31,
    2025    		  
      Low range     High range  
      (In millions)  
    Net cash provided by operating activities $ 334     $ 339  
    Capital expenditures   (105 )     (105 )
    Free cash flow $ 229     $ 234  
               
    Operating cash flow margin (a)   17.4 %     17.5 %
    Free cash flow margin (b)   11.9 %     12.1 %
    (a) Operating cash flow margin is determined by calculating the percentage that operating cash flow is of total revenue.
    (b) Free cash flow margin is determined by calculating the percentage that free cash flow is of total revenue.
       

    Non-GAAP Financial Measures

    Dayforce uses certain non-GAAP financial measures in this release including:

    Non-GAAP Financial Measure   GAAP Financial Measure
    EBITDA   Net income
    Adjusted EBITDA   Net income
    Adjusted EBITDA margin   Net profit margin
    Adjusted Cloud recurring gross margin   Cloud recurring gross margin
    Adjusted operating profit   Operating profit
    Adjusted operating profit margin   Operating profit margin
    Adjusted net income   Net income
    Adjusted net profit margin   Net profit margin
    Adjusted diluted net income per share   Diluted net income per share
    Free cash flow   Net cash provided by operating activities
    Free cash flow margin   Operating cash flow margin
    Percentage change in revenue, including total revenue and revenue by solution, on a constant currency basis   Percentage change in revenue, including total revenue and revenue by solution
    Cloud annualized retention rate   No directly comparable GAAP measure
    Dayforce revenue retention rate   No directly comparable GAAP measure
    Dayforce recurring revenue per customer   No directly comparable GAAP measure
         

    Dayforce believes that these non-GAAP financial measures are useful to management and investors as supplemental measures to evaluate its overall operating performance including comparison across periods and with competitors. Dayforce’s management team uses these non-GAAP financial measures to assess operating performance because these financial measures exclude the results of decisions that are outside the normal course of its business operations, and are used for internal budgeting and forecasting purposes both for short- and long-term operating plans. Additionally, Adjusted EBITDA is a component of its management incentive plan and Adjusted Cloud recurring gross margin and Adjusted operating profit are components of certain performance based equity awards for its named executive officers. Additionally, Dayforce believes that the non-GAAP financial measure free cash flow is meaningful to investors because it is a measure of liquidity that provides useful information in understanding and evaluating the strength of Dayforce’s liquidity and future ability to generate cash that can be used for strategic opportunities or investing in its business. The exclusion of capital expenditures facilitates comparisons of Dayforce’s liquidity on a period-to-period basis and excludes items that management does not consider to be indicative of Dayforce’s liquidity.

    These non-GAAP financial measures are not required by, defined under, or presented in accordance with, GAAP, and should not be considered as alternatives to Dayforce’s results as reported under GAAP, have important limitations as analytical tools, and its use of these terms may not be comparable to similarly titled measures of other companies in its industry. Dayforce’s presentation of non-GAAP financial measures should not be construed to imply that its future results will be unaffected by similar items to those eliminated in this presentation. Please refer to Dayforce’s full financial results, including further discussion of non-GAAP financial measures, on the Investor Relations portion of its website at investors.dayforce.com.

    Dayforce defines its non-GAAP financial measures as follows:

    • EBITDA is defined as net income before interest, taxes, depreciation, and amortization, and Adjusted EBITDA is EBITDA, as adjusted to exclude share-based compensation expense and related employer taxes, and certain other items.
    • Adjusted EBITDA margin is determined by calculating the percentage Adjusted EBITDA is of total revenue.
    • Adjusted Cloud recurring gross margin is defined as Cloud recurring gross margin, as adjusted to exclude share-based compensation and related employer taxes, and certain other items, as a percentage of total Cloud recurring revenue.
    • Adjusted operating profit is defined as operating profit, as adjusted to exclude share-based compensation expense and related employer taxes, amortization of acquisition-related intangible assets, and certain other items.
    • Adjusted net income is defined as net income, as adjusted to exclude share-based compensation expense and related employer taxes, amortization of acquisition-related intangible assets, and certain other items, all of which are adjusted for the effect of income taxes.
    • Adjusted net profit margin is determined by calculating the percentage Adjusted net income is of total revenue.
    • Adjusted diluted net income per share is calculated by dividing adjusted net income by diluted weighted average common shares outstanding. When adjusted diluted net income per share is positive, diluted weighted average common shares outstanding incorporate the effect of dilutive equity instruments.
    • Free cash flow is defined as net cash provided by operating activities, as adjusted to exclude capital expenditures.
    • Free cash flow margin is determined by calculating the percentage that free cash flow is of total revenue.
    • Percentage change in revenue, including total revenue and revenue by solution, on a constant currency basis is calculated by applying the average foreign exchange rate in effect during the comparable prior period.
    • Cloud ARR is calculated by starting with recurring revenue at year end, excluding revenue from Ascender and eloomi, subtracting the once-a-year charges, annualizing the revenue for customers live for less than a full year to reflect the revenue that would have been realized if the customer had been live for a full year, and adding back the once-a-year charges. We have not reconciled Cloud ARR because there is no directly comparable GAAP financial measure.
    • Annual Dayforce revenue retention rate is calculated as a percentage, excluding Ascender and eloomi, where the numerator is the Dayforce ARR for the prior year, less the Dayforce ARR from lost Dayforce customers during that year; and the denominator is the Dayforce ARR for the prior year. We have not reconciled Annual Dayforce revenue retention rate because there is no directly comparable GAAP financial measure.
    • Dayforce recurring revenue per customer is an indicator of the average size of Dayforce recurring revenue customers. To calculate Dayforce recurring revenue per customer, we start with Dayforce recurring revenue on a constant currency basis by applying the same exchange rate to all comparable periods for the trailing twelve months and excludes float revenue, and Ascender, ADAM HCM, and eloomi revenue. This amount is divided by the number of live Dayforce customers at the end of the trailing twelve month period, excluding Ascender, ADAM HCM, and eloomi. We have not reconciled the Dayforce recurring revenue per customer because there is no directly comparable GAAP financial measure.

    Source: Dayforce, Inc.

    For further information, please contact:

    Investor Relations
    1-844-829-9499
    investors@dayforce.com

    Public Relations
    1-647-417-2117
    teri.murphy@dayforce.com

    The MIL Network –

  • MIL-OSI USA: Joy, Music, and Community Come Together to Celebrate Martin Luther King Legacy

    Source: US State of Connecticut

    Smiles, singing, and spirits soared at the 2025 Dr. Marting Luther King Living Legacy Convocation last Friday at the Jorgensen Center for the Performing Arts. The event featured performances from UConn’s gospel choir, Voices of Freedom, and special guest Grammy-nominated Gospel artist, Todd Dulaney.

    MLK Legacy Awardees also received recognition during the event. The Living Legacy Convocation was organized by the Office of Diversity and Inclusion.

    Jonelle Reynolds, director of diversity and inclusion initiatives at UConn, gives remarks during the Dr. Martin Luther King Living Legacy Convocation at the Jorgensen Center for the Performing Arts on Friday, Jan. 31, 2025. (Sydney Herdle/UConn Photo)

    The convocation has grown since last year, with a full awardee selection committee, more submitted nominations, and a ceremony in a bigger space with a pre-event reception.

    Jonelle Reynolds, Director of Diversity and Inclusion Initiatives, served as co-chair of the awardee selection committee and emcee for the evening.

    Reynolds says she hoped the event would give attendees a chance to breathe and to take a break from stressful news around the world.

    “Anxiety, fear, frustration, anger, hopelessness – those are negative feelings that have been impacting some of our communities,” she says. “This is really an opportunity for people to put all of that aside and just be present in the room with each other.”

    Guest poet Nadia Sims performed a new piece, “Reclaiming My Slice,” that was inspired by her wanting to live and prosper freely as a Black woman and as an American, she says.

    Vice President for Student Life and Enrollment at UConn Nathan Fuerst gives Alexis Monteiro, a residence hall director at UConn, the 2025 MLK Legacy Award for staff during the Dr. Martin Luther King Living Legacy Convocation at the Jorgensen Center for the Performing Arts on Friday, Jan. 31, 2025. (Sydney Herdle/UConn Photo)

    “I want to get to a place where being American is enough to secure and pursue happiness and liberty and life,” Sims says. “Martin Luther King had a dream and that is my dream – to just do what I need to do as a citizen and have that be enough.”

    After recipients received their awards, Voices of Freedom took the stage and brought energy to the audience. Directed by Lisa Clayton, attendees united with the voices on stage as a giant choir with all voices tuned in the right key.

    “I am excited that Voices of Freedom was asked to honor the memory and legacy of Dr. Martin Luther King, Jr. Our amazing students shared their melodious voices to help create an incredible night,” Clayton says.

    The highlight of the evening was Todd Dulaney’s performance. He performed many of his gospel hits and had everyone in the Jorgensen Center on their feet dancing and singing along. Members of Voices of Freedom even had the opportunity to display their vocal talent when several members had solo moments during Dulaney’s set.

    “I’m so glad I came,” one smiling audience member said. “It really was great way to end the week and it way good way to kick off Black History Month.”

    Award winners included a mix of students, staff & faculty, alumni, and community members:
    Undergraduate Student: Andy Zhang
    Graduate Student: Adanma Akoma
    Faculty: Kate Capshaw
    Staff: Alexis Monteiro
    Team: CAHNR Diversity, Equity, Inclusion, and Justice Strategic Vision Implementation Committee
    Alum: N. Chineye (Chi) Anako
    Community Member: Nelson Merchan

    Based on the crowd’s response, the celebration will continue to grow and be a highlight for many.

    “I want it to be not just something that people are excited about in the UConn community but the entire Connecticut community,” Reynolds says.” “My hope is that five years from now it’s even bigger and the Jorgensen Center will be packed.”

    MIL OSI USA News –

  • MIL-OSI Asia-Pac: Over 3,300 Entries Received for WAVES 2025 “Reel Making” Challenge with participation from 20 Countries and across India

    Source: Government of India

    Over 3,300 Entries Received for WAVES 2025 “Reel Making” Challenge with participation from 20 Countries and across India

    From Digital Reels to Global Deals: Winners to gain unprecedented access & recognition; Finalists to compete globally with Ministry’s endorsement

    Themes of Viksit Bharat”, highlighting India’s existing technological & infrastructure advancements, and “India @ 2047” reflected in the reels

    Present India’s innovation journey by showcasing creativity and vision for the country’s progress; 15th March, 2025 to be the last date of registration

    Posted On: 05 FEB 2025 3:25PM by PIB Delhi

    The “Reel Making” challenge at the World Audio Visual & Entertainment Summit (WAVES) 2025 has received an overwhelming response, with 3,379 registrations from across India and 20 countries.

    Create in India

     The competition, launched as a key initiative under WAVES 2025, highlights India’s growing influence as a global hub for media and entertainment while also reflecting the country’s rapidly expanding digital creator economy. It aligns with the Government of India’s “Create in India” vision, empowering talent from across the nation and beyond.

    The competition has seen notable international participation from Afghanistan, Albania,  the United States, Andorra, Antigua and Barbuda, Bangladesh, UAE, Australia, and Germany, among others. This global reach highlights the increasing influence of India’s creative sector and the appeal of WAVES as a premier platform for content creators worldwide.

    Tawang to Port Blair: Soaring nationwide storytelling surge

    Domestically, the challenge has drawn entries from diverse and remote locations across India, including Tawang (Arunachal Pradesh), Dimapur (Nagaland), Kargil (Ladakh), Leh, Shopian (Kashmir), Port Blair (Andaman & Nicobar Islands), Teliamora (Tripura), Kasaragod (Kerala) and Gangtok (Sikkim). The strong response to WAVES’ “Reel Making” challenge from smaller towns and emerging creative hubs reflects India’s rich storytelling traditions and growing digital creator ecosystem.

    As part of the challenge, participants above the age of 20 are required to create reels on themes such as “Viksit Bharat”, highlighting India’s existing technological and infrastructure advancements, and “India @ 2047”, envisioning the nation’s future growth in these sectors. These themes provide a platform for storytellers to present India’s innovation journey through concise 30-60 second films, showcasing their creativity and vision for the country’s progress.

    The winners of the Reel Making challenge will receive exclusive opportunities, including:

    • An invitation to a Meta-hosted event and a reels masterclass in 2025.

    • All-expenses-paid access to WAVES 2025, where they will be honored.

    • Ministry support for finalists to participate in international-level content creator competitions.

    • Winner reels will be showcased in the prestigious WAVES Hall of Fame, on the official WAVES website, and social media platforms.

    ‘Make in India, Make for the World’

    WAVES 2025 takes its inspiration from Prime Minister, Shri Narendra Modi’s vision and mission to provide a new global identity to India’s creative prowess and establish India as a premier destination for media, entertainment, and content creation. This Summit will bring together industry leaders, stakeholders, and innovators to discuss emerging trends, foster collaborations, showcase India’s rich creative ecosystem and to implement PM’s vision of ‘Make in India, Make for the World’

    With participation covering almost the entire length and breadth of India and 20 other countries so far, the Reel Making challenge stands as a testament to India’s diverse and dynamic storytelling landscape, reinforcing its standing as a powerhouse in the global Media & Entertainment industry.

    For more details, visit: https://wavesindia.org/challenges-2025

    *****

    Dharmendra Tewari/Kshitij Singha

    (Release ID: 2099990) Visitor Counter : 48

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Sydney ETO holds reception in Sydney to celebrate Year of Snake (with photos)

    Source: Hong Kong Government special administrative region

         The Hong Kong Economic and Trade Office, Sydney (Sydney ETO) hosted a reception in Sydney, Australia, yesterday (February 4) to celebrate Chinese New Year.

         Over 300 guests from various sectors including political and business circles, media, academic and community groups as well as government representatives attended the Sydney reception. Among them was the Consul General of the People’s Republic of China in Sydney, Mr Wang Yu. The Chairman of the M+ Board, Chairman of the Tai Kwun Culture and Arts Company Limited and Vice Chairman of the West Kowloon Cultural District Authority Board, Mr Bernard Chan, was invited as the keynote speaker to share with the guests the vibrant arts and cultural scenes in Hong Kong.

         The Director of the Sydney ETO, Mr Ricky Chong, said in his welcoming remarks that both Hong Kong and Australia embrace free trade, rule of law, and multiculturalism as core values, under which Hong Kong and Australia’s bilateral trade, investment situation and people-to-people ties flourish. New South Wales, in particular, has long been a significant partner for Hong Kong in the finance, trade, tourism, and education sectors.

         “As we celebrate Chinese New Year, let us also reflect on how our collaboration can grow even stronger. With Hong Kong serving as the ‘super connector’ with the Guangdong-Hong Kong-Macao Greater Bay Area and Mainland China, the opportunities for Australian businesses are unprecedented. Together, we can explore new horizons and ensure our partnership continues to thrive,” Mr Chong added.  

         In his keynote speech, Mr Chan introduced to guests the various world class venues in the West Kowloon Cultural District, including M+ museum, the Hong Kong Palace Museum and Xiqu Centre, as well as their partnerships with over 20 of the top arts and cultural institutions in the world. He also shared about the vibrant activations and inspiring exhibitions in Tai Kwun – a centre for arts, culture and heritage. Mr Chan will also speak at the Chinese New Year reception to be hosted by the Sydney ETO in Melbourne tomorrow (February 6).

         In addition to the Sydney and Melbourne receptions, the Sydney ETO will also host Chinese New Year receptions in Brisbane (February 13), Perth (February 18) and Adelaide (February 20) in Australia, and Auckland (February 25) in New Zealand, to celebrate the Year of the Snake with local communities.               

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: APEDA’s financial assistance schemes boost 47.3% surge in India’s fruit and vegetable exports

    Source: Government of India

    Posted On: 04 FEB 2025 7:58PM by PIB Delhi

    • APEDA strengthens exporter growth with new schemes for infrastructure, quality, and market development
    • India’s fruit and vegetable exports reach 123 countries, with 17 new market added in 3 years

    The Department of Commerce through Agricultural and Processed Food Products Export Development Authority (APEDA) provides financial assistance to its member exporters of APEDA from across the country, for export promotion of its Scheduled products, including for Fruits & vegetables, under Agriculture and Processed Foods Export Promotion Scheme of APEDA for the 15th Finance Commission Cycle (2021-22 to 2025-26) in following three broad areas:

    Scheme for infrastructure Development – Financial assistance for setting up of packhouse facilities with packing / grading lines, pre-cooling unit with cold storage and refrigerated transportation etc., cable system for handling of crops like banana, pre-shipment treatment facilities such as irradiation, vapor heat treatment, hot water dip treatment and common infrastructure facilities, reefer vans and missing gap in the existing infrastructure of individual exporters.

    Scheme for Quality Development – Financial assistance for purchase of laboratory testing equipment, installation of quality management system, handheld devices for capturing farm level coordinates for traceability and testing of water, soil, residues and pesticides etc.

    Scheme for Market Promotion – The assistance covers participation of exporters in international trade fairs, organizing buyer seller meets and developing packaging standards for new products and upgrading the existing packaging standards.

    The details of financial assistance guidelines are available at APEDA Website www.apeda.gov.in under the “Scheme” tab.

    As a result of these initiatives, there has been a growth of 47.3%, in the volume of exports of fruits and vegetables between the period 2019-20 to 2023-24.

    Export data of fruits and vegetables in last five years

    Country: All

    Product: Fresh Fruits & Vegetables

     

    Value In USD Million

    Qty In Thousand MT

    Products

    2019-20

    2020-21

    2021-22

    2022-23

    2023-24

    2019-20

    2020-21

    2021-22

    2022-23

    2023-24

    Fresh Fruits & Vegetables

    1,282.43

    1,342.13

    1,527.63

    1,635.95

    1,814.58

    2,659.48

    3,148.08

    3,376.25

    4,335.68

    3,911.95

    Source: DGCIS

     

    Growth in terms of Volume in the last five years =47.30%

    Growth in terms of Value in the last five years= 41.50 %

    The Government maintains the record of total exports of fruits and vegetables from India. The export figures of States are compiled on the basis of the State-of-Origin code reported by the exporters in the shipping bills. Thus, the state wise data of exports of Fruits and vegetables is not available as the same is not validated by DGCI&S. However, the major states producing Fruits and vegetables are Uttar Pradesh, Madhya Pradesh, West Bengal, Maharashtra, Andhra Pradesh, Gujarat, Bihar, Tamil Nadu, Odisha, Karnataka.

    India’s Export of Mango and Onion to World (By Variety)

    Product

    Variety

    USD Million

    Qty in MT

    2019-20

    2020-21

    2021-22

    2022-23

    2023-24

    2019-20

    2020-21

    2021-22

    2022-23

    2023-24

    Mango

    Other Mangoes

    0.00

    25.42

    23.48

    33.26

    36.18

    0.00

    15795.09

    17448.90

    17257.28

    23786.16

    Kesar

    0.00

    2.92

    6.91

    4.97

    11.25

    0.00

    983.73

    2319.08

    1749.97

    3787.01

    Alphonso (Hapus)

    0.00

    6.08

    10.09

    7.84

    8.68

    0.00

    3195.86

    5994.86

    2829.76

    2673.39

    Banganapalli

    0.00

    1.46

    3.01

    2.00

    3.20

    0.00

    830.55

    1674.04

    856.91

    1081.68

    Chausa

    0.00

    0.05

    0.05

    0.03

    0.24

    0.00

    40.98

    25.64

    19.72

    488.26

    Langda

    0.00

    0.08

    0.16

    0.12

    0.19

    0.00

    48.99

    122.16

    70.02

    81.94

    Dasheri

    0.00

    0.09

    0.11

    0.06

    0.17

    0.00

    49.50

    75.92

    34.70

    75.54

    Totapuri

    0.00

    0.07

    0.17

    0.20

    0.16

    0.00

    47.47

    151.01

    116.60

    91.95

    Mallika

    0.00

    0.03

    0.09

    0.06

    0.07

    0.00

    41.40

    61.16

    28.81

    38.17

    Mangoes , Fresh/Dried,

    56.11

    0.00

    0.00

    0.00

    0.00

    49658.68

    0.00

    0.00

    0.00

    0.00

    Total Mangoes

    56.11

    36.20

    44.07

    48.54

    60.14

    49658.68

    21033.57

    27872.77

    22963.77

    32104.10

    Onion

    Other Onions Fresh of Chilled

    0.00

    0.00

    0.00

    0.00

    434.78

    0.00

    0.00

    0.00

    0.00

    1606683.97

    Rose Onions Fresh of Chilled

    0.00

    0.00

    0.00

    0.00

    38.94

    0.00

    0.00

    0.00

    0.00

    110755.38

    Onions, Fresh/Chilled

    324.20

    378.49

    460.56

    561.38

    0.00

    1149896.84

    1578016.57

    1537496.85

    2525258.35

    0.00

    Total Onions

    324.20

    378.49

    460.56

    561.38

    473.72

    1149896.84

    1578016.57

    1537496.85

    2525258.35

    1717439.35

     

    Source: DGCIS

     

    Note :- ITC HS Code with (*) mark of the Commodity is either dropped or re-allocated

     

    In FY 2023-24, India’s exports of Fresh Fruits and Vegetables reached 123 countries. In the last 3 years, Indian fresh produce entered 17 new markets, some of which are Brazil, Georgia, Uganda, Papua New Guinea, Czech Republic, Uganda, Ghana etc. This has been achieved through a host of measures such as participation in international trade fairs, actively pursuing market access negotiations, organizing buyer seller meets etc.

    Department of Commerce is working in close coordination with the MoA&FW in prioritizing agriculture products for market access negotiations to reach new markets. As a result, India has achieved new market access in following commodities in the last three years:

    • Indian Potatoes and Onions in Serbia
    • Baby corn and fresh banana in Canada
    • Pomegranate arils in Australia, USA, Serbia, and New Zealand
    • Whole pomegranates in Australia via Irradiation treatment

     

    The barriers in accessing new markets differ from product to product and are dynamic in nature. Some of the major barriers in accessing new markets for fruits & vegetables are:

    • Long geographic distance from India raising the costs of logistics.
    • Delay in grant of market access by importing countries for certain products.
    • Stringent Phyto-sanitary requirements imposed by some importing countries.
    • Delay in registration of enterprises in certain countries.

    To address the above issues, various steps are being taken by the Department of Commerce:

    • For expand market access to our products, MoA&FW & APEDA have identified key products and key countries for intensifying market access negotiations.
    • Development of Sea protocols for horticulture products to reduce logistic expenses and to enable larger volume of exports.
    • Regular follow up with the counterpart authorities of importing countries with support of our Missions abroad for registration of facilities and market access negotiations.
    • For meeting stringent Phyto-sanitary requirements, setting up of traceability system and a system of farmer and facility registration.

     

    This information has been provided by the Union Minister of Commerce and Industry, Shri Piyush Goyal in a written reply in the Lok Sabha today.

    ***

    Abhishek Dayal/Abhijith Narayanan/Asmitabha Manna

    (Release ID: 2099814) Visitor Counter : 374

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: A SON OF SAVAII EARNS A PRESTIGIOUS AUSTRALIA AWARDS PACIFIC SCHOLARSHIP

    Source: Government of Western Samoa

    Share this:

    (PRESS RELEASE- 31st January 2025) – A son of Savaii has earned a highly competitive scholarship and is looking forward to furthering his studies overseas.

    Mr Alesana Alesana Ulusele, from the village of Faga, won a highly sought-after Australia Awards Pacific Scholarship following the successful conclusion of his Foundation year at the National University of Samoa.

    Mr Ulusele, who graduated from Tuasivi College, says moving to Apia to study at the National University of Samoa was challenging.

    “Meeting new people, being in a new environment, but also getting used to new ways of doing things were some of what I struggled with,” says Mr Ulusele.

    Yet Mr Ulusele says that he knew he had to adapt to be able to thrive in his studies.

    “I knew that in order to survive and do well, I had to come out of my shell and adjust myself to meet these new challenges,” he says.

    It is this ability to adapt and meet new challenges that he now embraces as he heads to Fiji to complete his undergraduate degree in Commerce.

    Throughout his journey – from Savaii to his studies at NUS, and now to Fiji – Mr Ulusele credits love for his success.

    “Love opens many doors for success. Love your parents and those around you, and never forget to love God the Almighty,” he says.

    Mr Ulusele is one of nine Australia Awards Pacific Scholars heading to the University of the South Pacific in Fiji for studies.

    The Australia Awards is funded by the Australian Government and supports Samoa and the region’s aspirations for a highly skilled workforce.

    As a condition of the scholarships, students will return home at the conclusion of their studies to serve in their countries.

    The 2026 intake of Australia Awards are now open for applications and close 30 April 2025:

    Share this:

    MIL OSI Asia Pacific News –

  • MIL-OSI: YieldMax™ ETFs Announces Distributions on NFLY ($1.0705), CONY ($1.0468), PYPY ($0.6665), YMAX ($0.1944), YMAG ($0.1862) and Others

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, MILWAUKEE and NEW YORK, Feb. 05, 2025 (GLOBE NEWSWIRE) — YieldMax™ today announced distributions for the YieldMax™ Weekly Payers and Group C ETFs listed in the table below.

    ETF Ticker1 ETF Name Reference Asset Distribution per Share Distribution Frequency Ex-Date & Record Date Payment Date
    GPTY* YieldMax™ AI & Tech Portfolio Option Income ETF Multiple $0.3353 Weekly 2/7/2025 2/10/2025
    LFGY YieldMax™ Crypto Industry & Tech Portfolio Option Income ETF Multiple $0.6280 Weekly 2/6/2025 2/7/2025
    YMAX YieldMax™ Universe Fund of Option Income ETFs Multiple $0.1944 Weekly 2/6/2025 2/7/2025
    YMAG YieldMax™ Magnificent 7 Fund of Option Income ETFs Multiple $0.1862 Weekly 2/6/2025 2/7/2025
    CONY YieldMax™ COIN Option Income Strategy ETF COIN $1.0468 Every 4 Weeks 2/6/2025 2/7/2025
    FIAT YieldMax™ Short COIN Option Income Strategy ETF COIN $0.5498 Every 4 Weeks 2/6/2025 2/7/2025
    MSFO YieldMax™ MSFT Option Income Strategy ETF MSFT $0.3615 Every 4 Weeks 2/6/2025 2/7/2025
    AMDY YieldMax™ AMD Option Income Strategy ETF AMD $0.3812 Every 4 Weeks 2/6/2025 2/7/2025
    NFLY YieldMax™ NFLX Option Income Strategy ETF NFLX $1.0705 Every 4 Weeks 2/6/2025 2/7/2025
    ABNY YieldMax™ ABNB Option Income Strategy ETF ABNB $0.4033 Every 4 Weeks 2/6/2025 2/7/2025
    PYPY YieldMax™ PYPL Option Income Strategy ETF PYPL $0.6665 Every 4 Weeks 2/6/2025 2/7/2025
    ULTY YieldMax™ Ultra Option Income Strategy ETF Multiple $0.5369 Every 4 Weeks 2/6/2025 2/7/2025
    CVNY** YieldMax™ CVNA Option Income Strategy ETF CVNA   – Every 4 Weeks – –
    Weekly Payers & Group D ETFs scheduled for next week: GPTY LFGY YMAX YMAG MSTY YQQQ AMZY APLY AIYY DISO SQY SMCY

    Note: DIPS, FIAT, CRSH and YQQQ are hereinafter referred to as the “Short ETFs”.

    You are not guaranteed a distribution under the ETFs. Distributions for the ETFs (if any) are variable and may vary significantly from period to period and may be zero.

    Investors in the Funds will not have rights to receive dividends or other distributions with respect to the underlying reference asset(s).

    *GPTY’s nonstandard dates are for this distribution only. The dates for GPTY’s future distributions will be those set forth in the YieldMax Distribution Schedule.

    **The inception date for CVNY is January 29, 2025.

    1Each ETF’s strategy (except those of the Short ETFs) will cap potential gains if its reference asset’s shares increase in value, yet subjects an investor to all potential losses if the reference asset’s shares decrease in value. Such potential losses may not be offset by income received by the ETF. Each Short ETF’s strategy will cap potential gains if its reference asset decreases in value, yet subjects an investor to all potential losses if the reference asset increases in value. Such potential losses may not be offset by income received by the ETF.

    Each Fund has a limited operating history and while each Fund’s objective is to provide current income, there is no guarantee the Fund will make a distribution. Distributions are likely to vary greatly in amount.

    Important Information

    Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about each Fund, visit our website at www.YieldMaxETFs.com. Read the prospectus or summary prospectus carefully before investing.

    There is no guarantee that any Fund’s investment strategy will be properly implemented, and an investor may lose some or all of its investment in any such Fund.

    Tidal Financial Group is the adviser for all YieldMax™ ETFs.

    THE FUND, TRUST, AND ADVISER ARE NOT AFFILIATED WITH ANY UNDERLYING REFERENCE ASSET.

    Risk Disclosures (applicable to all YieldMax ETFs referenced above, except the Short ETFs)

    YMAX, YMAG, FEAT and FIVY generally invest in other YieldMax™ ETFs. As such, these two Funds are subject to the risks listed in this section, which apply to all the YieldMax™ ETFs they may hold from time to time.

    Investing involves risk. Principal loss is possible.

    Call Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s call writing strategy will impact the extent that the Fund participates in the positive price returns of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold call options and over longer periods.

    Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members.

    Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

    Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

    Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution in any given period. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

    High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings. A high portfolio turnover rate increases transaction costs, which may increase the Fund’s expenses.

    Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

    Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Price Participation Risk. The Fund employs an investment strategy that includes the sale of call option contracts, which limits the degree to which the Fund will participate in increases in value experienced by the underlying reference asset over the Call Period.

    Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, which focuses on an individual security (ARKK, TSLA, AAPL, NVDA, AMZN, META, GOOGL, NFLX, COIN, MSFT, DIS, XOM, JPM, AMD, PYPL, SQ, MRNA, AI, MSTR, Bitcoin ETP, GDX®, SNOW, ABNB, BABA, TSM, SMCI, PLTR, MARA, CVNA), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole.

    Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

    Risk Disclosures (applicable only to GPTY)

    Artificial Intelligence Risk. Issuers engaged in artificial intelligence typically have high research and capital expenditures and, as a result, their profitability can vary widely, if they are profitable at all. The space in which they are engaged is highly competitive and issuers’ products and services may become obsolete very quickly. These companies are heavily dependent on intellectual property rights and may be adversely affected by loss or impairment of those rights. The issuers are also subject to legal, regulatory and political changes that may have a large impact on their profitability. A failure in an issuer’s product or even questions about the safety of the product could be devastating to the issuer, especially if it is the marquee product of the issuer. It can be difficult to accurately capture what qualifies as an artificial intelligence company.

    Technology Sector Risk. The Fund will invest substantially in companies in the information technology sector, and therefore the performance of the Fund could be negatively impacted by events affecting this sector. Market or economic factors impacting technology companies and companies that rely heavily on technological advances could have a significant effect on the value of the Fund’s investments. The value of stocks of information technology companies and companies that rely heavily on technology is particularly vulnerable to rapid changes in technology product cycles, rapid product obsolescence, government regulation and competition, both domestically and internationally, including competition from foreign competitors with lower production costs. Stocks of information technology companies and companies that rely heavily on technology, especially those of smaller, less-seasoned companies, tend to be more volatile than the overall market. Information technology companies are heavily dependent on patent and intellectual property rights, the loss or impairment of which may adversely affect profitability.

    Risk Disclosure (applicable only to MARO)

    Digital Assets Risk: The Fund does not invest directly in Bitcoin or any other digital assets. The Fund does not invest directly in derivatives that track the performance of Bitcoin or any other digital assets. The Fund does not invest in or seek direct exposure to the current “spot” or cash price of Bitcoin. Investors seeking direct exposure to the price of Bitcoin should consider an investment other than the Fund. Digital assets like Bitcoin, designed as mediums of exchange, are still an emerging asset class. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility.

    Risk Disclosures (applicable only to BABO and TSMY)

    Currency Risk: Indirect exposure to foreign currencies subjects the Fund to the risk that currencies will decline in value relative to the U.S. dollar. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates and the imposition of currency controls or other political developments in the U.S. or abroad.

    Depositary Receipts Risk: The securities underlying BABO and TSMY are American Depositary Receipts (“ADRs”). Investment in ADRs may be less liquid than the underlying shares in their primary trading market.

    Foreign Market and Trading Risk: The trading markets for many foreign securities are not as active as U.S. markets and may have less governmental regulation and oversight.

    Foreign Securities Risk: Investments in securities of non-U.S. issuers involve certain risks that may not be present with investments in securities of U.S. issuers, such as risk of loss due to foreign currency fluctuations or to political or economic instability, as well as varying regulatory requirements applicable to investments in non-U.S. issuers. There may be less information publicly available about a non-U.S. issuer than a U.S. issuer. Non-U.S. issuers may also be subject to different regulatory, accounting, auditing, financial reporting and investor protection standards than U.S. issuers.

    Risk Disclosures (applicable only to GDXY)

    Risk of Investing in Foreign Securities. The Fund is exposed indirectly to the securities of foreign issuers selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies. Investments in the securities of foreign issuers involve risks beyond those associated with investments in U.S. securities.

    Risk of Investing in Gold and Silver Mining Companies. The Fund is exposed indirectly to gold and silver mining companies selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies.

    The Fund invests in options contracts based on the value of the VanEck Gold Miners ETF (GDX®), which subjects the Fund to some of the same risks as if it owned GDX®, as well as the risks associated with Canadian, Australian and Emerging Market Issuers, and Small-and Medium-Capitalization companies.

    Risk Disclosures (applicable only to YBIT)

    YBIT does not invest directly in Bitcoin or any other digital assets. YBIT does not invest directly in derivatives that track the performance of Bitcoin or any other digital assets. YBIT does not invest in or seek direct exposure to the current “spot” or cash price of Bitcoin. Investors seeking direct exposure to the price of Bitcoin should consider an investment other than YBIT.

    Bitcoin Investment Risk: The Fund’s indirect investment in Bitcoin, through holdings in one or more Underlying ETPs, exposes it to the unique risks of this emerging innovation. Bitcoin’s price is highly volatile, and its market is influenced by the changing Bitcoin network, fluctuating acceptance levels, and unpredictable usage trends.

    Digital Assets Risk: Digital assets like Bitcoin, designed as mediums of exchange, are still an emerging asset class. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility. Potentially No 1940 Act Protections. As of the date of this Prospectus, there is only a single eligible Underlying ETP, and it is an investment company subject to the 1940 Act.

    Bitcoin ETP Risk: The Fund invests in options contracts that are based on the value of the Bitcoin ETP. This subjects the Fund to certain of the same risks as if it owned shares of the Bitcoin ETP, even though it does not. Bitcoin ETPs are subject, but not limited, to significant risk and heightened volatility. An investor in a Bitcoin ETP may lose their entire investment. Bitcoin ETPs are not suitable for all investors. In addition, not all Bitcoin ETPs are registered under the Investment Company Act of 1940. Those Bitcoin ETPs that are not registered under such statute are therefore not subject to the same regulations as exchange traded products that are so registered.

    Risk Disclosures (applicable only to the Short ETFs)

    Investing involves risk. Principal loss is possible.

    Price Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the value of the underlying reference asset. This strategy subjects the Fund to certain of the same risks as if it shorted the underlying reference asset, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the value of the underlying reference asset, the Fund is subject to the risk that the value of the underlying reference asset increases. If the value of the underlying reference asset increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses.

    Put Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s put writing (selling) strategy will impact the extent that the Fund participates in decreases in the value of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold put options and over longer periods.

    Purchased OTM Call Options Risk. The Fund’s strategy is subject to potential losses if the underlying reference asset increases in value, which may not be offset by the purchase of out-of-the-money (OTM) call options. The Fund purchases OTM calls to seek to manage (cap) the Fund’s potential losses from the Fund’s short exposure to the underlying reference asset if it appreciates significantly in value. However, the OTM call options will cap the Fund’s losses only to the extent that the value of the underlying reference asset increases to a level that is at or above the strike level of the purchased OTM call options. Any increase in the value of the underlying reference asset to a level that is below the strike level of the purchased OTM call options will result in a corresponding loss for the Fund. For example, if the OTM call options have a strike level that is approximately 100% above the then-current value of the underlying reference asset at the time of the call option purchase, and the value of the underlying reference asset increases by at least 100% during the term of the purchased OTM call options, the Fund will lose all its value. Since the Fund bears the costs of purchasing the OTM calls, such costs will decrease the Fund’s value and/or any income otherwise generated by the Fund’s investment strategy.

    Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members.

    Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

    Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying reference asset, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

    Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution in any given period. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

    High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings.

    Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

    Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Price Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will participate in decreases in value experienced by the underlying reference asset over the Put Period.

    Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, for any Fund that focuses on an individual security (e.g., TSLA, COIN, NVDA), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole.

    Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

    Risk Disclosures (applicable only to YQQQ)

    Index Overview. The Nasdaq 100 Index is a benchmark index that includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market, based on market capitalization.

    Index Level Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the Index level. This strategy subjects the Fund to certain of the same risks as if it shorted the Index, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the Index level, the Fund is subject to the risk that the Index level increases. If the Index level increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses. The Fund may also be subject to the following risks: innovation and technological advancement; strong market presence of Index constituent companies; adaptability to global market trends; and resilience and recovery potential.

    Index Level Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will benefit from decreases in the Index level experienced over the Put Period. This means that if the Index level experiences a decrease in value below the strike level of the sold put options during a Put Period, the Fund will likely not experience that increase to the same extent and any Fund gains may significantly differ from the level of the Index losses over the Put Period. Additionally, because the Fund is limited in the degree to which it will participate in decreases in value experienced by the Index level over each Put Period, but has significant negative exposure to any increases in value experienced by the Index level over the Put Period, the NAV of the Fund may decrease over any given period. The Fund’s NAV is dependent on the value of each options portfolio, which is based principally upon the inverse of the performance of the Index level. The Fund’s ability to benefit from the Index level decreases will depend on prevailing market conditions, especially market volatility, at the time the Fund enters into the sold put option contracts and will vary from Put Period to Put Period. The value of the options contracts is affected by changes in the value and dividend rates of component companies that comprise the Index, changes in interest rates, changes in the actual or perceived volatility of the Index and the remaining time to the options’ expiration, as well as trading conditions in the options market. As the Index level changes and time moves towards the expiration of each Put Period, the value of the options contracts, and therefore the Fund’s NAV, will change. However, it is not expected for the Fund’s NAV to directly inversely correlate on a day-to-day basis with the returns of the Index level. The amount of time remaining until the options contract’s expiration date affects the impact that the value of the options contracts has on the Fund’s NAV, which may not be in full effect until the expiration date of the Fund’s options contracts. Therefore, while changes in the Index level will result in changes to the Fund’s NAV, the Fund generally anticipates that the rate of change in the Fund’s NAV will be different than the inverse of the changes experienced by the Index level.

    YieldMax™ ETFs are distributed by Foreside Fund Services, LLC. Foreside is not affiliated with Tidal Financial Group, YieldMax™ ETFs.

    © 2025 YieldMax™ ETFs

    The MIL Network –

  • MIL-OSI United Kingdom: Statement on next steps for redevelopment of St Mary’s Hospital | Westminster City Council

    Source: City of Westminster

    Cllr Adam Hug, Leader of Westminster City Council, said: 

    Today’s funding commitment allows Imperial College Healthcare NHS Trust to accelerate planning and design work for the redevelopment of St Mary’s Hospital.

    This will really boost efforts to explore and secure additional funding sources to cover the main construction costs, unlocking economic potential and speeding up delivery.

     The council is proud to be working with the Trust on a joint taskforce, to include our MPs and a range of other stakeholders and experts, to make this redevelopment a reality as soon as possible.

    This is a huge step towards replacing the current Victorian era buildings and great news for Westminster where residents will benefit from new, improved facilities at London’s busiest major trauma centre, which treats over a million patients each year.

    We’re looking forward to working with Imperial College Healthcare to deliver a new 850 bed hospital and world leading research centre – securing the best care and new jobs for our city.

    To read the Imperial College Healthcare NHS Trust’s statement visit: Statement on next steps for the redevelopment of St Mary’s Hospital.

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Ancient seas of Moscow and masterpieces of Rastrelli. What to see in museums in February

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    The Marina Tsvetaeva House Museum invites you to an exhibition dedicated to the poet’s son, the A.S. Pushkin State Museum will introduce you to the work of architects Bartolomeo Francesco Rastrelli and Carlo Rossi, and the K.A. Timiryazev State Biological Museum will help you imagine what the Moscow region looked like hundreds of millions of years ago. More details about these and other exhibitions that open in February are in the mos.ru article.

    “Your Mur”. On the 100th Anniversary of Georgy Efron’s Birth” at the Marina Tsvetaeva House-Museum

    Dates: February 5 – August 3

    Address: Borisoglebsky lane, house 6, building 1

    Age limit: 12

    The new exhibition at the Marina Tsvetaeva House Museum will be dedicated to the 100th anniversary of the birth of Georgy Efron, the poet’s son. He was born in the Czech Republic, grew up in France, spoke Russian and French brilliantly, studied well and showed great promise: he had a fine artistic taste and a critical mind, was full of creative ideas and research plans.

    He came to his mother’s homeland when he was 14 years old. After the start of the Great Patriotic War and the death of Marina Tsvetaeva, Georgy’s life became especially difficult. In the autumn of 1941, he was forced to evacuate to Tashkent. Returning to Moscow, he entered the Literary Institute, but did not study for long – he was called up to the army. Georgy Efron went missing in July 1944, he was only 19 years old.

    The exhibition will tell about the short but eventful life of Georgy Efron; among the exhibits are his personal belongings, drawings and manuscripts, including a diary in which he talks about the time he witnessed, about his relationship with his mother and much more.

    Entrance – by ticket to the Marina Tsvetaeva House-Museum.

    Visiting Pushkin, Bulgakov and Tsvetaeva. Literary museums that will be interesting for schoolchildren

    “…The Architect’s Compass, Palette and Chisel” in the State A.S. Pushkin Museum

    Dates: February 6 – April 27

    Address: Prechistenka street, house 12/2, building 4

    Age limit: 6

    The State A.S. Pushkin Museum will tell about the architects Bartolomeo Francesco Rastrelli and Carlo Rossi – this year marks the 325th and 250th anniversaries of the famous architects’ births.

    Bartolomeo Francesco Rastrelli began his career in Russia under Peter I. It was thanks to him that the Grand Palace of Peterhof, Smolny Cathedral, the Grand Catherine Palace, the Winter Palace and other buildings appeared in St. Petersburg and its environs. In Moscow, you can also see one of his completed projects – the country palace of Elizabeth Petrovna, which is located in Sokolniki. The second section of the exhibition will introduce the work of Carlo Rossi, who, one might say, created the appearance of St. Petersburg familiar to its residents and guests today.

    Visitors will be presented with measuring instruments and rare books from the 18th–19th centuries on mathematics, geometry and drawing, engravings and lithographs from the century before last, which depict the Northern capital, and will be shown what a typical architect’s office looked like.

    You can get to the exhibition with a museum ticket.

    “Ancient Seas of Moscow” at the K.A. Timiryazev State Biological Museum

    Dates: February 8 – August 30

    Address: Malaya Gruzinskaya street, house 15

    Age limit: 12

    Guests of the K.A. Timiryazev State Biological Museum are invited to travel back hundreds of millions of years to the times when the territory of Central Russia was covered with water.

    Scientists have proven that the Moscow region was twice at the bottom of an ancient sea: in the Carboniferous period of the Paleozoic era (320 million years ago) and the Jurassic period of the Mesozoic era (160 million years ago). Visitors to the exhibition will see fossils of extinct marine animals and scientific reconstructions of their appearance, learn about their way of life and the role they played in the ecosystems of the past.

    Entrance – with a museum ticket.

    “Alexander Fedorovich Kots. Family Album” in the State Darwin Museum

    Dates: February 12 – May 4

    Address: Vavilov street, house 57

    Age limit: 6

    An exhibition dedicated to the 145th anniversary of his birth will tell about the family life of the founder and first director of the Darwin Museum, Alexander Kots.

    Here they will present rare photographs and negatives that he took with a German SLR camera from the mid-1910s. Alexander Fedorovich had a unique opportunity to photographically document the life of his family. For example, guests will learn where he and his wife Nadezhda Nikolaevna Ladygina-Kots went after their wedding, how they celebrated the New Year and what exquisite costumes they dressed their son Rudolf in.

    Tickets – on mos.ru.

    “The Life of Nature Has Become Understandable.” Reading the Books of Reviews of the Darwin Museum

    “This is the best we have. The Art Newspapper Russia’s choice” at the Moscow Museum of Modern Art

    Dates: February 18 – May 18

    Address: Gogolevsky Boulevard, Building 10, Building 1

    Age limit: 12

    The Moscow Museum of Modern Art will introduce viewers to the Russian art scene and its most prominent representatives of different generations. The halls will present works by Ilya Kabakov, Erik Bulatov, Alina Glazun and many other artists, and analyze their styles, views and creative tendencies.

    And the text messages that will accompany the exhibits can be considered references to various aspects of world history. In addition, the exhibition will include fragments of interviews that reveal the meaning of the works.

    Tickets are available for purchase on mos.ru.

    “This is our jumble” in the Panorama Museum “Battle of Borodino”

    Dates: February 18 – April 20

    Address: Kutuzovsky Prospect, Building 38, Building 1

    Age limit: 12

    The exhibits of the new exhibition in the panorama museum “The Battle of Borodino” will give viewers an idea of how the appearance and themes changed, how new artistic trends and folklore influenced the genre. And the title of the exhibition “This is Our Yeralash” is a language game that was often used in popular comic pictures.

    Entrance to the exhibition – by ticket for permanent exhibition.

    “Love Me As I Love You” at the Moscow Museum of Modern Art

    Dates: February 26 – April 20

    Address: Ermolaevsky lane, house 17, building 1

    Age limit: 12

    The Moscow Museum of Modern Art has another new exhibition. Its curators discuss the theme of love, family, and fidelity using works by 20th-century artists as an example. This project will be part of the long-term exhibition program “Collection. Viewpoint,” developed specifically for the museum’s educational center.

    You can buy tickets on mos.ru.

    “Forward to Zlotnikov!” in the gallery-workshop “GROUND Solyanka”

    Dates: February 26 – April 22

    Address: Solyanka street, house 1/2, building 2

    Age limit: 6

    The gallery-workshop “GROUND Solyanka” will introduce the work of the abstract artist Yuri Zlotnikov. On the first floor, his paintings will be shown together with works by contemporary artists, selected from the point of view of the analysis of the abstract works of Yuri Savelyevich. On the second floor, the exposition will be built in reverse – through the practices of other authors, Zlotnikov’s legacy will be deconstructed.

    Particular attention will be paid to the theory of the “Signal System” – the artist’s main discovery, which took an important place in the history of Russian art of the second half of the 20th century. The system is inspired by scientific achievements in the field of mathematics, cybernetics, psychology and allows us to trace the evolution in the work of Yuri Zlotnikov in such series as “Biblical Cycle”, “Abstraction”, “People, Space, Rhythms”.

    You can buy tickets on mos.ru.

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

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

    https: //vv.mos.ru/nevs/ite/149694073/

    MIL OSI Russia News –

  • MIL-OSI United Kingdom: Economy and Infrastructure Committee statement re Enva fire

    Source: Scotland – City of Perth

    I would like to address the understandable concerns raised by many residents of Perth and Kinross regarding the fires at the waste management site on Shore Terrace, Perth, and their impact on the Friarton Road Bridge and local residents.

    The most recent fire, in the early hours of 14 January, was the third to happen on the site, with the previous fire – in February 2023 – resulting in the tragic death of a worker on the site.

    All of the incidents were related to lithium battery fires.

    On this most recent occasion local residents again faced having to take action to prevent the risk of smoke getting into their properties, added to which local roads and the city centre became badly congested as a result of diverted traffic from Friarton Bridge which had to be closed for 10 hours. This also caused significant disruption to school transport, leaving pupils, including some due to sit exams, stranded for a lengthy period. And of course, the bridge itself is an integral component of Scotland’s road network and its necessary closure will have caused widespread disruption to very many road users from across Scotland.

    In my view, this is an unacceptable situation which must be urgently addressed to find solutions which minimise any risks in the future.

    Perth and Kinross Council does not have a role in granting or reviewing the licence for waste management on the site, or for inspecting the fire safety arrangements on the site. 
    Nor can we change or influence the use or disposal of lithium batteries, although the use, recycling and storage of these is currently under review at a national level.

    However, we do understand and share the concerns of our residents who are seeking reassurances about how fires at the site can be prevented in future. And, as representatives of the community we are committed to advocating for the safety and wellbeing of our residents.

    To this end we are inviting representatives of site operators ENVA and lead agencies SEPA, the Health and Safety Executive, Transport Scotland, Scottish Fire and Rescue Service and Police Scotland to meet with the Leader of the Council, local parliamentarians, council officers and myself as soon as possible to seek reassurances, to understand what action can and will be taken to prevent such incidents from recurring and to ensure effective collaboration across all agencies. 

    We shall keep members of the public, this committee and ward councillors informed of the outcome of these discussions.

    MIL OSI United Kingdom –