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Category: Business

  • MIL-OSI Security: Two California Residents Plead Guilty in Connection with $16 Million Hospice Fraud Scheme and Money Laundering Scheme

    Source: US FBI

    Two California residents pleaded guilty yesterday in connection with their roles in defrauding Medicare of nearly $16 million through sham hospice companies and to laundering the proceeds of the fraud as part of a multi-year scheme.

    According to court documents, Karpis Srapyan, 35, of Winnetka, California, conspired with others, including co-defendants Petros Fichidzhyan and Juan Carlos Esparza, to bill Medicare for hospice services that were not medically necessary and never provided. To conduct their fraudulent scheme, they used a series of four sham hospice companies: one owned by Esparza and the other three owned by foreign nationals but controlled by the defendants. Srapyan and his co-defendants concealed the scheme by using foreign nationals’ personal identifying information to open bank accounts, submit information to Medicare, and sign property leases. They also misappropriated names and other identifying information of several doctors, two of whom were deceased, to fraudulently bill Medicare for purported hospice services. In total, Medicare paid the fake hospice companies nearly $16 million.

    Fichidzhyan, Esparza, and Srapyan worked with others to launder the fraudulent proceeds from their hospice scheme. Susanna Harutyunyan, 39, of Winnetka, was aware that her husband and co-defendant Mihran Panosyan was involved in illegal activity with Srapyan and Fichidzhyan. As part of the money laundering scheme, Harutyunyan and her co-defendants maintained fraudulent identification documents, bank documents, checkbooks, and credit and debit cards in the names of purported foreign owners in the residence where she and Panosyan lived and another residence that was owned in her name. Srapyan conducted dozens of financial transactions, totaling approximately $3.2 million, moving funds between accounts in the names of the sham hospice companies, accounts in the names of foreign nationals that were controlled by the defendants, and other accounts involved in the money laundering scheme. Harutyunyan knowingly spent fraudulent proceeds on personal expenses, including payments for a BMW automobile.

    Srapyan pleaded guilty to conspiracy to commit health care fraud and money laundering and is scheduled to be sentenced on Oct. 6. He faces a maximum penalty of 20 years in prison. Harutyunyan pleaded guilty to money laundering and is scheduled to be sentenced on Nov. 17; she faces a maximum penalty of 10 years in prison. A federal district court judge will determine their sentences after considering the U.S. Sentencing Guidelines and other statutory factors. Harutyunyan faces deportation.

    Co-defendant Petros Fichidzhyan previously pleaded guilty to health care fraud, aggravated identity theft, and money laundering. In May, Fichidzhyan was sentenced to 12 years in prison. Co-defendant Mihran Panosyan pleaded guilty to money laundering in June and is scheduled to be sentenced Sept. 8. Co-defendant Juan Carlos Esparza’s change of plea hearing is scheduled for July 14.

    The guilty pleas today are the most recent convictions in the Justice Department’s ongoing effort to combat hospice fraud in the greater Los Angeles area. Last year, a doctor was convicted at trial for his role in a scheme to bill Medicare for hospice services patients did not need, and two other defendants were sentenced for their roles in a hospice fraud scheme.  

    Matthew R. Galeotti, Head of the Justice Department’s Criminal Division, Assistant Director in Charge Akil Davis of the FBI Los Angeles Field Office, and Deputy Inspector General for Investigations Christian J. Schrank of the U.S. Department of Health and Human Services Office of the Inspector General (HHS-OIG) made the announcement.

    The FBI and HHS-OIG are investigating the case.

    Trial Attorneys Michael Bacharach, Sarah E. Edwards, and Allison L. McGuire of the Criminal Division’s Fraud Section are prosecuting the case, and Assistant U.S. Attorney Tara B. Vavere for the Central District of California is handling asset forfeiture.

    The Fraud Section leads the Criminal Division’s efforts to combat health care fraud through the Health Care Fraud Strike Force Program. Since March 2007, this program, currently comprised of 9 strike forces operating in 27 federal districts, has charged more than 5,800 defendants who collectively have billed federal health care programs and private insurers more than $30 billion. In addition, the Centers for Medicare & Medicaid Services, working in conjunction with HHS-OIG, are taking steps to hold providers accountable for their involvement in health care fraud schemes. More information can be found at www.justice.gov/criminal-fraud/health-care-fraud-unit.

    MIL Security OSI –

  • MIL-OSI USA: New $20M Semiconductor Lab at Stony Brook

    Source: US State of New York

    overnor Kathy Hochul today announced a new, public-private partnership between Stony Brook University and onsemi, the largest U.S.-based manufacturer of silicon carbide (SiC) power semiconductors, to construct a $20 million, state-of-the-art semiconductor research and development facility on the Stony Brook University campus. Silicon carbide is a key component of next-generation semiconductors and is vital to building more powerful, efficient and cleaner electric vehicles and energy infrastructure.

    “The state-of-the-art research facility at Stony Brook University will be another step in our mission to reshore the semiconductor industry, strengthen our national security, and cement New York’s status as the chips capital of the United States,” Governor Hochul said. “By investing in cutting-edge technology and world-class talent, we’re building a stronger, more resilient future for Long Island, and New York.”

    onsemi Corporate Strategy Senior Vice President Dinesh Ramanathan said, “Advanced power semiconductors are at the core of enabling the widespread adoption of AI and electrification. This new center will play a key role in accelerating innovation in one of the most critical fields for these global megatrends. Aligned with Governor Hochul’s vision, and in strong partnership with Stony Brook and Empire State Development, we are building a pipeline of skilled talent who will drive the next wave of breakthroughs in power semiconductors and pave the way for our sustainable future.”

    As a result of the partnership, onsemi will invest $8 million to support the center’s operations, while Stony Brook University will invest $10 million in renovations and equipment. Empire State Development will support the new facility through a capital grant of up to $2 million recommended by the Long Island Regional Economic Development Council.

    Located in Stony Brook University’s Engineering Quad on its West campus, the new center will allow university research scientists, postdocs, graduate, and undergraduate students to study crystal growth, processing, and metrology with the goal of growing bigger, higher-quality silicon carbide crystals. This will reduce device costs, improve material quality and accelerate the adoption of SiC power electronics in high-performance, high-efficiency applications. Research performed at the center will support new discoveries that bolster New York State’s leadership in the semiconductor industry.

    The new research facilities will be available to scientists and industry professionals through potential new consortium agreements to drive R&D in the growth, processing and metrology of silicon carbide crystals. Stony Brook will seek agreements with industrial entities such as crystal growers, equipment manufacturers, raw material suppliers, process modelers and others, as well academic and research laboratories. Through the agreements, they would be able to engage in the silicon carbide growth process directly to test their products and ideas. In turn, the work conducted would provide a training ground for students and professionals who will eventually form the workforce joining these industries, universities, and laboratories.Stony Brook University will also develop a curriculum for an undergraduate minor and a graduate master’s degree and certificate focused on silicon carbide and wide bandgap semiconductors.

    SUNY Chancellor John B. King Jr. said, “Stony Brook University is at the center of key research initiatives at SUNY and is helping to move New York State and our entire nation forward. We are excited to help build the new center, which will be a catalyst to create the next generation of semiconductors. Governor Hochul has charged SUNY to be a leader in semiconductor research and development, and we appreciate her investment and support as we work to achieve that goal.”

    Empire State Development President, CEO and Commissioner Hope Knight said, “This state-of-the-art research facility represents a significant step forward in securing America’s semiconductor future while advancing New York’s technology and clean energy leadership. By supporting groundbreaking silicon carbide research at Stony Brook University, we’re investing in technologies that will power everything from electric vehicle charging networks to renewable energy storage systems. This partnership exemplifies how strategic state investments can drive innovation, create quality jobs, and position New York at the forefront of the global tech economy.”

    The SUNY Board of Trustees said, “Thanks to the steadfast support of Governor Hochul and state leaders, we are able to ensure Stony Brook University is at the cutting edge of research for the public good. Through private-public partnerships we are able to give our researchers and students the tools they need to make breakthroughs in science. From environmental science to medicine and from artificial intelligence to quantum, there are opportunities for faculty and students to unveil new discoveries.”

    Stony Brook University Incoming President Andrea Goldsmith said, “This public-private partnership between onsemi, Stony Brook and Empire State Development provides tremendous opportunity for economic development and national security. As a technology entrepreneur and the founder of a fabless semiconductor startup, I am thrilled that Stony Brook is a key academic partner with onsemi, an industry leader in power semiconductors. This partnership places Stony Brook and New York State at the forefront of advancing power semiconductor technology while providing students hands-on research and practical opportunities as they prepare for leadership roles in high-skill, high-demand technology fields.”

    Empire State Development Board Chairman Kevin Law said, “Long Island has long been home to world-class research and technology companies, and the new center will further cement our region’s reputation as an innovation powerhouse. This facility will not only advance critical semiconductor research but also create exciting career pathways for Long Island residents in one of the fastest-growing sectors of the economy. We’re building the foundation for sustained technological leadership that will benefit our communities, our workforce, and our regional economy for decades to come.”

    LIREDC Co-Chairs Linda Armyn, President & CEO at FourLeaf Federal Credit Union, and Dr. Kimberly R. Cline, President of Long Island University said, “The establishment of this research center marks an exciting milestone for Long Island’s evolution into a premier technology destination. This facility will provide our students with hands-on experience in cutting-edge semiconductor research while creating the skilled workforce that innovative companies seek when choosing where to locate and grow. By linking world-class academic expertise with industry needs, this initiative positions Long Island at the forefront of the next generation of advanced manufacturing.”

    The center will be led by Professor Michael Dudley, Department of Materials Science & Chemical Engineering. Professor Dudley and his team are leaders in SiC growth and metrology with more than 30 years of experience. Professor Balaji Raghothamachar, also experienced in SiC growth and metrology, and Professor and Department Chair Dilip Gersappe, with extensive experience in modeling of materials systems, will also be part of the center’s leadership team. The new center will initially house advanced equipment including furnaces, wafering and polishing equipment and metrology tools. The center is expected to be fully operational in early 2027.

    Professor Michael Dudley said, “Since 1991, I have been involved in silicon carbide crystal growth and metrology, collaborating with major silicon carbide companies including onsemi. Much appreciation to onsemi for recognizing this and supporting the establishment of this innovative center at Stony Brook University. Thanks to the Provost for coming through with funds for equipment and renovation and thanks to Empire State Development for their support as well. As the Director, I believe this center will make an integral approach to crystal growth a reality. New ideas in silicon carbide crystal growth can be tested while students and professionals gain a comprehensive work experience in state-of-the-art semiconductor materials development. We look forward to partnering with companies, universities, and national labs in silicon carbide semiconductor technologies and workforce development.”

    State Senator Anthony Palumbo said, “I thank Governor Hochul for bringing this investment and collaboration with Onsemi to Stony Brook University and for fostering a more economically sustainable region for our future generations. As one of New York’s two flagship universities, Stony Brook continues to be at the forefront of tech research and will provide even more highly-skilled jobs and educational pathways that are essential for critical industries, from electric vehicles and smart grids to renewable energy systems and aerospace technology. I’m thrilled to support this initiative and look forward to getting shovels in the ground.”

    Suffolk County Executive Ed Romaine said, “This partnership helps Stony Brook continue to grow a reputation as one of the best universities in the world. Thank you to Governor Hochul for continuing these efforts and putting Suffolk County at the forefront of these important technologies and for choosing Suffolk County for this initiative.”

    Assemblymember Rebecca Kassay said, “I would like to thank Governor Hochul for her continued commitment to strengthening Long Island’s innovation economy. The new $20 million semiconductor research facility at Stony Brook University is an exciting investment in New York’s future. The partnership with onsemi is promising for the future of our regional job market, furthering Long Island’s ability to attract, train, and employ individuals for good paying jobs in the tech field. I’m proud to be the district representative of a University that is furthering energy advancements, and in that, creating a more sustainable future for all.”

    Stony Brook University College of Engineering and Applied Sciences Dean Andrew Singer said, “At a moment when strengthening the nation’s semiconductor supply chain is both an economic and strategic imperative, this new center represents a tremendous opportunity. By advancing silicon-carbide crystal growth right here on Long Island, we are not only pushing the frontier of power-device technology but also helping secure domestic manufacturing capacity, creating high-skill jobs, and training the engineers who will keep the United States at the forefront of the global semiconductor landscape.”

    About The State University of New York

    The State University of New York is the largest comprehensive system of higher education in the United States, and more than 95 percent of all New Yorkers live within 30 miles of any one of SUNY’s 64 colleges and universities. Across the system, SUNY has four academic health centers, five hospitals, four medical schools, two dental schools, a law school, the country’s oldest school of maritime, the state’s only college of optometry, and manages one US Department of Energy National Laboratory. In total, SUNY serves about 1.4 million students amongst its entire portfolio of credit- and non-credit-bearing courses and programs, continuing education, and community outreach programs. SUNY oversees nearly a quarter of academic research in New York. Research expenditures system-wide are nearly $1.16 billion in fiscal year 2024, including significant contributions from students and faculty. There are more than three million SUNY alumni worldwide, and one in three New Yorkers with a college degree is a SUNY alum. To learn more about how SUNY creates opportunities, visit www.suny.edu.

    About Stony Brook University

    Stony Brook University is New York’s flagship university and No. 1 public university. It is part of the State University of New York (SUNY) system. With more than 26,000 students, more than 3,000 faculty members, more than 225,000 alumni, a premier academic healthcare system and 18 NCAA Division I athletic programs, Stony Brook is a research-intensive distinguished center of innovation dedicated to addressing the world’s biggest challenges. The university embraces its mission to provide comprehensive undergraduate, graduate and professional education of the highest quality, and is ranked as the #58 overall university and #26 among public universities in the nation by U.S. News & World Report’s Best Colleges listing. Fostering a commitment to academic research and intellectual endeavors, Stony Brook’s membership in the Association of American Universities (AAU) places it among the top 71 research institutions in North America. The university’s distinguished faculty have earned esteemed awards such as the Nobel Prize, Pulitzer Prize, Indianapolis Prize for animal conservation, Abel Prize, Fields Medal and the Breakthrough Prize in Mathematics. Stony Brook has the responsibility of co-managing Brookhaven National Laboratory for the U.S. Department of Energy — one of only eight universities with a role in running a national laboratory. In 2023, Stony Brook was named the anchor institution for The New York Climate Exchange on Governors Island in New York City. Providing economic growth for neighboring communities and the wider geographic region, the university totals an impressive $8.93 billion in increased economic output on Long Island. Follow us on Facebook https://www.facebook.com/stonybrooku/ and X @stonybrooku.

    About Empire State Development

    Empire State Development is New York’s chief economic development agency, and promotes business growth, job creation, and greater economic opportunity throughout the state. With offices in each of the state’s 10 regions, ESD oversees the Regional Economic Development Councils, supports broadband equity through the ConnectALL office, and is growing the workforce of tomorrow through the Office of Strategic Workforce Development. The agency engages with emerging and next generation industries like clean energy and semiconductor manufacturing looking to grow in New York State, operates a network of assistance centers to help small businesses grow and succeed, and promotes the state’s world class tourism destinations through I LOVE NY. For more information, please visit esd.ny.gov, and connect with ESD on LinkedIn, Facebook and X.

    MIL OSI USA News –

  • MIL-OSI USA: New $20M Semiconductor Lab at Stony Brook

    Source: US State of New York

    overnor Kathy Hochul today announced a new, public-private partnership between Stony Brook University and onsemi, the largest U.S.-based manufacturer of silicon carbide (SiC) power semiconductors, to construct a $20 million, state-of-the-art semiconductor research and development facility on the Stony Brook University campus. Silicon carbide is a key component of next-generation semiconductors and is vital to building more powerful, efficient and cleaner electric vehicles and energy infrastructure.

    “The state-of-the-art research facility at Stony Brook University will be another step in our mission to reshore the semiconductor industry, strengthen our national security, and cement New York’s status as the chips capital of the United States,” Governor Hochul said. “By investing in cutting-edge technology and world-class talent, we’re building a stronger, more resilient future for Long Island, and New York.”

    onsemi Corporate Strategy Senior Vice President Dinesh Ramanathan said, “Advanced power semiconductors are at the core of enabling the widespread adoption of AI and electrification. This new center will play a key role in accelerating innovation in one of the most critical fields for these global megatrends. Aligned with Governor Hochul’s vision, and in strong partnership with Stony Brook and Empire State Development, we are building a pipeline of skilled talent who will drive the next wave of breakthroughs in power semiconductors and pave the way for our sustainable future.”

    As a result of the partnership, onsemi will invest $8 million to support the center’s operations, while Stony Brook University will invest $10 million in renovations and equipment. Empire State Development will support the new facility through a capital grant of up to $2 million recommended by the Long Island Regional Economic Development Council.

    Located in Stony Brook University’s Engineering Quad on its West campus, the new center will allow university research scientists, postdocs, graduate, and undergraduate students to study crystal growth, processing, and metrology with the goal of growing bigger, higher-quality silicon carbide crystals. This will reduce device costs, improve material quality and accelerate the adoption of SiC power electronics in high-performance, high-efficiency applications. Research performed at the center will support new discoveries that bolster New York State’s leadership in the semiconductor industry.

    The new research facilities will be available to scientists and industry professionals through potential new consortium agreements to drive R&D in the growth, processing and metrology of silicon carbide crystals. Stony Brook will seek agreements with industrial entities such as crystal growers, equipment manufacturers, raw material suppliers, process modelers and others, as well academic and research laboratories. Through the agreements, they would be able to engage in the silicon carbide growth process directly to test their products and ideas. In turn, the work conducted would provide a training ground for students and professionals who will eventually form the workforce joining these industries, universities, and laboratories.Stony Brook University will also develop a curriculum for an undergraduate minor and a graduate master’s degree and certificate focused on silicon carbide and wide bandgap semiconductors.

    SUNY Chancellor John B. King Jr. said, “Stony Brook University is at the center of key research initiatives at SUNY and is helping to move New York State and our entire nation forward. We are excited to help build the new center, which will be a catalyst to create the next generation of semiconductors. Governor Hochul has charged SUNY to be a leader in semiconductor research and development, and we appreciate her investment and support as we work to achieve that goal.”

    Empire State Development President, CEO and Commissioner Hope Knight said, “This state-of-the-art research facility represents a significant step forward in securing America’s semiconductor future while advancing New York’s technology and clean energy leadership. By supporting groundbreaking silicon carbide research at Stony Brook University, we’re investing in technologies that will power everything from electric vehicle charging networks to renewable energy storage systems. This partnership exemplifies how strategic state investments can drive innovation, create quality jobs, and position New York at the forefront of the global tech economy.”

    The SUNY Board of Trustees said, “Thanks to the steadfast support of Governor Hochul and state leaders, we are able to ensure Stony Brook University is at the cutting edge of research for the public good. Through private-public partnerships we are able to give our researchers and students the tools they need to make breakthroughs in science. From environmental science to medicine and from artificial intelligence to quantum, there are opportunities for faculty and students to unveil new discoveries.”

    Stony Brook University Incoming President Andrea Goldsmith said, “This public-private partnership between onsemi, Stony Brook and Empire State Development provides tremendous opportunity for economic development and national security. As a technology entrepreneur and the founder of a fabless semiconductor startup, I am thrilled that Stony Brook is a key academic partner with onsemi, an industry leader in power semiconductors. This partnership places Stony Brook and New York State at the forefront of advancing power semiconductor technology while providing students hands-on research and practical opportunities as they prepare for leadership roles in high-skill, high-demand technology fields.”

    Empire State Development Board Chairman Kevin Law said, “Long Island has long been home to world-class research and technology companies, and the new center will further cement our region’s reputation as an innovation powerhouse. This facility will not only advance critical semiconductor research but also create exciting career pathways for Long Island residents in one of the fastest-growing sectors of the economy. We’re building the foundation for sustained technological leadership that will benefit our communities, our workforce, and our regional economy for decades to come.”

    LIREDC Co-Chairs Linda Armyn, President & CEO at FourLeaf Federal Credit Union, and Dr. Kimberly R. Cline, President of Long Island University said, “The establishment of this research center marks an exciting milestone for Long Island’s evolution into a premier technology destination. This facility will provide our students with hands-on experience in cutting-edge semiconductor research while creating the skilled workforce that innovative companies seek when choosing where to locate and grow. By linking world-class academic expertise with industry needs, this initiative positions Long Island at the forefront of the next generation of advanced manufacturing.”

    The center will be led by Professor Michael Dudley, Department of Materials Science & Chemical Engineering. Professor Dudley and his team are leaders in SiC growth and metrology with more than 30 years of experience. Professor Balaji Raghothamachar, also experienced in SiC growth and metrology, and Professor and Department Chair Dilip Gersappe, with extensive experience in modeling of materials systems, will also be part of the center’s leadership team. The new center will initially house advanced equipment including furnaces, wafering and polishing equipment and metrology tools. The center is expected to be fully operational in early 2027.

    Professor Michael Dudley said, “Since 1991, I have been involved in silicon carbide crystal growth and metrology, collaborating with major silicon carbide companies including onsemi. Much appreciation to onsemi for recognizing this and supporting the establishment of this innovative center at Stony Brook University. Thanks to the Provost for coming through with funds for equipment and renovation and thanks to Empire State Development for their support as well. As the Director, I believe this center will make an integral approach to crystal growth a reality. New ideas in silicon carbide crystal growth can be tested while students and professionals gain a comprehensive work experience in state-of-the-art semiconductor materials development. We look forward to partnering with companies, universities, and national labs in silicon carbide semiconductor technologies and workforce development.”

    State Senator Anthony Palumbo said, “I thank Governor Hochul for bringing this investment and collaboration with Onsemi to Stony Brook University and for fostering a more economically sustainable region for our future generations. As one of New York’s two flagship universities, Stony Brook continues to be at the forefront of tech research and will provide even more highly-skilled jobs and educational pathways that are essential for critical industries, from electric vehicles and smart grids to renewable energy systems and aerospace technology. I’m thrilled to support this initiative and look forward to getting shovels in the ground.”

    Suffolk County Executive Ed Romaine said, “This partnership helps Stony Brook continue to grow a reputation as one of the best universities in the world. Thank you to Governor Hochul for continuing these efforts and putting Suffolk County at the forefront of these important technologies and for choosing Suffolk County for this initiative.”

    Assemblymember Rebecca Kassay said, “I would like to thank Governor Hochul for her continued commitment to strengthening Long Island’s innovation economy. The new $20 million semiconductor research facility at Stony Brook University is an exciting investment in New York’s future. The partnership with onsemi is promising for the future of our regional job market, furthering Long Island’s ability to attract, train, and employ individuals for good paying jobs in the tech field. I’m proud to be the district representative of a University that is furthering energy advancements, and in that, creating a more sustainable future for all.”

    Stony Brook University College of Engineering and Applied Sciences Dean Andrew Singer said, “At a moment when strengthening the nation’s semiconductor supply chain is both an economic and strategic imperative, this new center represents a tremendous opportunity. By advancing silicon-carbide crystal growth right here on Long Island, we are not only pushing the frontier of power-device technology but also helping secure domestic manufacturing capacity, creating high-skill jobs, and training the engineers who will keep the United States at the forefront of the global semiconductor landscape.”

    About The State University of New York

    The State University of New York is the largest comprehensive system of higher education in the United States, and more than 95 percent of all New Yorkers live within 30 miles of any one of SUNY’s 64 colleges and universities. Across the system, SUNY has four academic health centers, five hospitals, four medical schools, two dental schools, a law school, the country’s oldest school of maritime, the state’s only college of optometry, and manages one US Department of Energy National Laboratory. In total, SUNY serves about 1.4 million students amongst its entire portfolio of credit- and non-credit-bearing courses and programs, continuing education, and community outreach programs. SUNY oversees nearly a quarter of academic research in New York. Research expenditures system-wide are nearly $1.16 billion in fiscal year 2024, including significant contributions from students and faculty. There are more than three million SUNY alumni worldwide, and one in three New Yorkers with a college degree is a SUNY alum. To learn more about how SUNY creates opportunities, visit www.suny.edu.

    About Stony Brook University

    Stony Brook University is New York’s flagship university and No. 1 public university. It is part of the State University of New York (SUNY) system. With more than 26,000 students, more than 3,000 faculty members, more than 225,000 alumni, a premier academic healthcare system and 18 NCAA Division I athletic programs, Stony Brook is a research-intensive distinguished center of innovation dedicated to addressing the world’s biggest challenges. The university embraces its mission to provide comprehensive undergraduate, graduate and professional education of the highest quality, and is ranked as the #58 overall university and #26 among public universities in the nation by U.S. News & World Report’s Best Colleges listing. Fostering a commitment to academic research and intellectual endeavors, Stony Brook’s membership in the Association of American Universities (AAU) places it among the top 71 research institutions in North America. The university’s distinguished faculty have earned esteemed awards such as the Nobel Prize, Pulitzer Prize, Indianapolis Prize for animal conservation, Abel Prize, Fields Medal and the Breakthrough Prize in Mathematics. Stony Brook has the responsibility of co-managing Brookhaven National Laboratory for the U.S. Department of Energy — one of only eight universities with a role in running a national laboratory. In 2023, Stony Brook was named the anchor institution for The New York Climate Exchange on Governors Island in New York City. Providing economic growth for neighboring communities and the wider geographic region, the university totals an impressive $8.93 billion in increased economic output on Long Island. Follow us on Facebook https://www.facebook.com/stonybrooku/ and X @stonybrooku.

    About Empire State Development

    Empire State Development is New York’s chief economic development agency, and promotes business growth, job creation, and greater economic opportunity throughout the state. With offices in each of the state’s 10 regions, ESD oversees the Regional Economic Development Councils, supports broadband equity through the ConnectALL office, and is growing the workforce of tomorrow through the Office of Strategic Workforce Development. The agency engages with emerging and next generation industries like clean energy and semiconductor manufacturing looking to grow in New York State, operates a network of assistance centers to help small businesses grow and succeed, and promotes the state’s world class tourism destinations through I LOVE NY. For more information, please visit esd.ny.gov, and connect with ESD on LinkedIn, Facebook and X.

    MIL OSI USA News –

  • MIL-OSI: Hitachi Energy Reduces Injuries by 95% with VelocityEHS Industrial Ergonomics Software

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, July 17, 2025 (GLOBE NEWSWIRE) — VelocityEHS, the global leader in EHS solutions and pioneer in applying practical AI to workplace safety, announces that Hitachi Energy has achieved a 95% reduction in workplace injuries, including neck, shoulder and back, at its Jefferson City, Missouri, manufacturing facility using the VelocityEHS Industrial Ergonomics solution.

    Hitachi Energy is a major manufacturer in the power industry, producing electrical equipment and providing electrification solutions across the globe. Like many large-scale manufacturers, the company struggled to scale safety operations and ergonomics efforts to meet the needs of its expansive workforce and complex production processes.

    “We’re just one small team serving a 13-acre facility,” says Megan Sommerer, Health Integration Specialist and Registered Nurse.

    “We were just meeting the basic requirements and needed to focus. As a team, we decided to develop our ergonomics program further,” she added.

    In 2023, Hitachi Energy fully deployed the VelocityEHS Industrial Ergonomics solution to better analyze workplace safety incidents and pinpoint where ergonomic process changes could deliver the biggest impact.

    Leveraging motion-capture technology and data analytics, the software identified high-risk tasks and provided actionable recommendations. These insights enabled the team to implement targeted, low-cost changes—such as workstation redesigns and tool modifications—that led to significant reductions in musculoskeletal injuries.

    Data-Driven Collaboration

    Backed by data from VelocityEHS, Sommerer convened a cross-functional committee of engineers, operators and safety professionals to take action. Among the improvements:

    • Hydraulic Upgrade: Operators had been using a custom metal punch manually, placing strain on arms and backs. A $1,000 retrofit to hydraulic operation cut risk by 83.4%.
    • Workstation Redesign: Adjustments to lifts and tooling allowed operators to work closer to large components, reducing awkward postures and physical strain.

    These changes, guided by software insights and carried out with minimal investment, drove a 95% reduction in back and neck injuries and significantly lowered related costs within two years.

    Scaling Safety Across the Enterprise

    The success at Jefferson City prompted Hitachi Energy to expand its use of VelocityEHS software to seven additional North American facilities, with plans underway for broader global deployment across Europe and South America.

    “Hitachi Energy is a great example of how companies can scale ergonomics improvements using data, collaboration and practical innovation,” said Matt Airhart, CEO of VelocityEHS. “Their team achieved life-changing results for workers and set a global standard for what’s possible when you put the right tools in place.”

    Read the full case study on the VelocityEHS website.

    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.
    To learn more, visit www.EHS.com.

    Media Contact
    Jennifer Sinkwitts
    jsinkwitts@ehs.com

    The MIL Network –

  • MIL-OSI: BexBack Empowers Crypto Traders in Historic Bull Run with 100x Leverage, Double Deposit Bonus, and No KYC

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, July 17, 2025 (GLOBE NEWSWIRE) — As Bitcoin surges past $120,000 and Ethereum climbs above $3,500, the long-anticipated crypto bull market has officially arrived. Global investor sentiment is reignited, and traders are actively seeking high-efficiency tools to capitalize on the market’s renewed momentum. In response, BexBack, a fast-rising cryptocurrency futures exchange, is offering traders powerful incentives to maximize this historic opportunity — 100x leverage, double deposit bonus, and no KYC required.

    Supercharge Your Trading with 100x Leverage

    In a rapidly moving market, speed and precision matter. With 100x leverage, BexBack allows traders to open significantly larger positions with minimal capital, enabling higher returns on both upward and downward trends. Whether BTC hits $130K or ETH pulls back, users can act with confidence and flexibility.

    Double Deposit Bonus — Limited-Time Offer

    To celebrate the bull market, BexBack is offering a 100% deposit bonus to all users. For example, deposit 1 BTC or 1000 USDT, and get an equal amount in bonus credit for trading. This bonus can be used as margin to open or maintain positions, effectively increasing your capital efficiency.

    Note: Bonus funds cannot be withdrawn directly, but profits earned from trading with them can.

    No KYC – Start Instantly

    Unlike many platforms that require complex verification processes, BexBack offers full trading functionality with no KYC. This ensures fast registration, privacy protection, and hassle-free onboarding for users across the globe.

    Why Choose BexBack?

    • Up to 100x Leverage – Multiply your exposure in crypto markets
    • 100% Deposit Bonus – Double your trading margin instantly
    • $50 Welcome Bonus – Get rewarded after your first qualifying deposit and trade
    • No KYC – Trade securely and anonymously
    • User-Friendly Interface – Optimized for both web and mobile
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    About BexBack

    Headquartered in Singapore with global operations, BexBack is a trusted crypto futures trading platform that supports over 50 mainstream cryptocurrencies, including BTC, ETH, ADA, SOL, and XRP. With hundreds of thousands of users worldwide and a US MSB license, BexBack is rapidly becoming the go-to exchange for high-leverage traders.

    Join the Bull Run Now

    Don’t sit on the sidelines while the market rallies. Sign up on BexBack, claim your bonuses, and ride the wave of the next crypto boom.

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

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

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

    Photos accompanying this announcement are available at:

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    The MIL Network –

  • MIL-OSI Economics: RBI to conduct 7-day Variable Rate Reverse Repo (VRRR) auction under LAF on July 18, 2025

    Source: Reserve Bank of India

    On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Friday, July 18, 2025, as under:

    Sl. No. Notified Amount
    (₹ crore)    		 Tenor
    (day)    		 Window Timing Date of Reversal
    1 2,00,000 7 10:00 AM to 10:30 AM July 25, 2025
    (Friday)

    2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/734

    MIL OSI Economics –

  • MIL-OSI Africa: Renaissance Energy Africa Joins African Energy Week (AEW) as Silver Partner Following Strong Operational Start

    Source: APO – Report:

    Nigerian energy consortium Renaissance Africa Energy has confirmed its participation as a Silver Partner at the African Energy Week (AEW): Invest in African Energies 2025 conference, scheduled for September 29 to October 3 in Cape Town. The announcement follows Renaissance Africa Energy’s strong operational start in early 2025, where the consortium exceeded its first-month oil production target by 40%.

    Alongside this operational success, Renaissance Africa Energy recently unveiled an ambitious $15 billion investment plan over the next five years. The plan includes 32 projects focused on increasing crude oil and gas production, expanding pipeline infrastructure and doubling domestic gas output in Nigeria’s Niger Delta region. This investment aims to enhance Nigeria’s energy security and support the country’s broader economic goals.

    AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

    Renaissance Africa Energy’s 2025 milestones build on the consortium’s acquisition of energy major Shell’s fully owned subsidiary Shell Petroleum Development Company (SPDC) of Nigeria’s onshore and shallow-water assets – completed in December 2024. The $1.3 billion deal marked a significant transfer of operational control from an international oil company to indigenous Nigerian firms, signaling a shift toward greater local ownership in the upstream sector.

    In the gas sector, Renaissance Africa Energy is targeting an increase in production from 150 million to 300 million standard cubic feet per day. This target will be supported by infrastructure projects such as the Ajaokuta-Kaduna-Kano gas pipeline, which is expected to facilitate greater domestic gas utilization and support gas exports.

    As such, the Renaissance Africa Energy consortium – comprising ND Western Ltd., Aradel Holdings Plc, FIRST Exploration and Petroleum Development Company Ltd., Waltersmith Group and Petrolin – brings extensive expertise across upstream, midstream and downstream operations. Collectively, these partners have established a strong track record in performance, innovation and community engagement. With a combined asset base valued at approximately $3 billion and a current production rate of around 100,000 barrels per day, Renaissance Africa Energy is well-positioned to deliver significant energy solutions across Nigeria and the broader African continent.

    “The rise of Renaissance Africa Energy as a prominent indigenous operator underscores the increasing maturity and capability of African energy enterprises. Their substantial investment commitments and demonstrated operational achievements are pivotal to enhancing Nigeria’s energy security and fostering sustainable economic development across the region. Renaissance Africa Energy’s participation as a silver partner at AEW: Invest in African energies 2025 exemplifies the vital role of local leadership in shaping the continent’s energy future through strategic investment and collaborative engagement,” states NJ Ayuk, Executive Chairman, African Energy Chamber.

    – on behalf of African Energy Chamber.

    Media files

    .

    MIL OSI Africa –

  • MIL-OSI Russia: Green energy and deepening connectivity are the focus of business circles in SCO countries

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, July 17 (Xinhua) — The Shanghai Cooperation Organization (SCO) Business Forum was held in Beijing on Thursday, where participants discussed issues on promoting green energy transformation and deepening connectivity within the SCO.

    The event, themed “Promoting Shanghai Spirit, Businesses in Action,” was attended by about 400 government and business representatives from China and overseas.

    Gao Yunlong, Vice Chairman of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC) and Chairman of the All-China Association of Industry and Commerce, noted that the SCO is a regional international organization with the largest territory and population in the world, and trade and economic cooperation is a powerful engine for the dynamic development of the SCO.

    According to him, China is ready to work with all parties to further align development strategies, promote improvement of the quality and level of trade and economic cooperation, and ensure stability and continuity of production chains and supply chains.

    SCO Secretary General Nurlan Yermekbayev said that the SCO has unique resources and political will to form a model of open, pragmatic and mutually beneficial economic cooperation.

    He added that direct interaction between enterprises and investors, as well as between regions, is intended to become a reliable basis for strengthening industrial cooperation, developing new markets and implementing specific projects specifically under the SCO brand.

    The President of the Chamber of Commerce and Industry of the Russian Federation, Sergei Katyrin, noted that the powerful economic, natural and human resources possessed by the SCO countries create serious preconditions for the accelerated development of trade between member states and the implementation of joint economic projects.

    “The high dynamics of Russia’s trade turnover with the SCO countries is supported by the growth of settlements in national currencies, the share of which currently amounts to more than 92 percent,” said S. Katyrin, adding that increasing multifaceted interaction with SCO partners is one of Russia’s foreign policy priorities.

    “In the context of modern global challenges, instability in external markets and rapid digital transformation, we see enormous potential in developing economic ties in the SCO space,” emphasized Temir Sariev, President of the Chamber of Commerce and Industry of the Kyrgyz Republic, noting that Kyrgyzstan welcomes cooperation in the technical, investment and administrative spheres with partners from the SCO countries.

    Wang Mingda, a representative of the Marketing and Financing Department of China Energy Engineering Corporation Limited, said that in the future, the company, adhering to the concept of green development, will enhance the coordination and mutual recognition of green standards and norms with the SCO countries, promote the construction of more future cities, smart grids and smart parks in these countries, so as to make China’s contribution to the green transformation of the SCO countries.

    The event, hosted by the China Council for the Promotion of International Trade (CCPIT), also saw the release of a report on the development of SCO supply chains. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI China: China’s economic resilience drives global growth

    Source: People’s Republic of China – State Council News

    BEIJING, July 17 — In the face of a complex international landscape and mounting challenges, China achieved steady economic growth in the first half of 2025, boosting confidence in global growth potential.

    According to data released by the National Bureau of Statistics (NBS) on Tuesday, China’s gross domestic product (GDP) grew 5.3 percent year on year in the first half of 2025 and 5.2 percent year on year in the second quarter.

    Analysts noted that by steadfastly advancing high-quality development and steadily expanding high-level opening-up, the Chinese economy has demonstrated strong resilience, providing a reliable driving force for global economic growth.

    STRONG RESILIENCE

    Since the beginning of 2025, the international economic and trade order has experienced severe shocks and increasing uncertainties. In the face of mounting pressure, China’s economy has maintained a steady and positive momentum, presenting a high-quality performance.

    “Resilience” has become a key word used by overseas media when reporting on the Chinese economy, with many noting that China’s economic data in the first half of the year exceeded market expectations and that the country stays on course to meet its annual growth target of around 5 percent.

    China’s GDP growth, despite the impact of U.S. tariff policy, signals strong resilience, highlighting China’s adaptive policies and manufacturing depth, said Philippe Monnier, former executive director of the Greater Geneva Berne area (GGBa), the investment promotion agency for Western Switzerland.

    The encouraging growth of the Chinese economy is mainly attributed to the strong performance in trade, industrial production and retail sales, said Lynn Song, chief economist for Greater China at ING, a Dutch bank. He added that the solid results in the first half should keep China on track to achieve its full-year growth target.

    Thanks to efforts to strengthen economic and trade ties globally, China’s foreign trade sector delivered a strong performance, significantly contributing to overall economic growth. In the first half of the year, China’s total goods trade hit 21.79 trillion yuan (3.04 trillion U.S. dollars), reaching a record high for the same period.

    During this time, China’s imports and exports with more than 190 countries and regions registered growth, with 61 trading partners posting trade volumes exceeding 50 billion yuan (6.96 billion dollars).

    In addition to increased trade with traditional markets such as the European Union, Japan and Britain, emerging markets provided additional momentum. Notably, China’s trade with Africa and Central Asia rose by 14.4 percent and 13.8 percent year on year, respectively.

    EFFECTIVE POLICY

    Facing an increasingly complex and challenging external environment, China has effectively implemented more proactive and effective macroeconomic policies, further strengthened the domestic economic circulation, continued to advance high-level opening-up and steadily pushed forward economic transformation and high-quality development.

    In the first half of 2025, domestic demand contributed 68.8 percent to GDP growth, serving as the main engine of economic expansion, according to the NBS.

    China’s emphasis on household subsidies, fiscal support and credit access for small businesses has helped stabilize internal demand while shielding the economy from external shocks, making it more resilient to trade tensions and global slowdowns, Rwandan economic analyst Teddy Kaberuka told Xinhua.

    Japan’s Jiji Press noted that the Chinese government’s implementation of a moderately accommodative monetary policy has yielded tangible results in supporting the real economy, and measures introduced to boost consumption also played a positive role in driving economic growth.

    During the first half of 2025, China saw rapid growth in high-tech sectors such as scientific innovation and green development. Value-added industrial output in high-tech manufacturing rose by 9.5 percent, 3.1 percentage points higher than that of overall industrial output during the same period.

    With strategic support for sectors such as artificial intelligence, semiconductors, electric vehicles and clean energy, China is transitioning toward a more sustainable, consumption-driven growth model that benefits global supply chains and investment flows, said Monnier.

    Karim Adel, head of the Cairo-based Al Adl Center for Economic and Strategic Studies, noted that in the challenging year of 2025, China has introduced a series of proactive policies not only to advance its own growth objectives but also to provide sustained momentum for the global economy.

    BENEFIT THE WORLD

    In the face of the challenging international landscape, the Chinese economy has demonstrated strong resilience and vast development potential. Driven by innovation, it is advancing high-quality development, contributing to global economic growth and sharing development opportunities with the world.

    Nicole Hoffmeister-Kraut, minister of economic affairs of the German state of Baden-Wurttemberg, who led a delegation to visit China recently, told Xinhua that she was deeply impressed by China’s achievement in science and technology, adding that China is an exciting market in intelligent transportation, robot industry and other emerging areas.

    In recent years, Germany and China have been deepening cooperation in cutting-edge areas, said Bernd Einmeier, president of the German-Chinese Association for Economy, Education, and Culture.

    German enterprises remain enthusiastic about investing in China, while a growing number of Chinese companies view Germany as a strategic gateway for expanding into the European market, said Einmeier, noting that this two-way interaction serves as a stabilizing force for global industrial and supply chains.

    Munetsi Madakufamba, executive director of the Southern African Research and Documentation Center, praised China’s zero-tariff measures covering all taxable products for 53 African countries, saying it represents a significant development that has the potential to enhance China-Africa trade relations.

    The positive performance of the Chinese economy can help Africa unlock its vast economic potential and contribute to its development aspirations, he added.

    In an era marked by uncertainty, China’s stability and development represent confidence and opportunity, said Ng Chin Long, chairman of the Malaysia Friends of Silk Road Club.

    MIL OSI China News –

  • MIL-OSI Africa: AI advancements must not leave developing nations behind 

    Source: Government of South Africa

    Thursday, July 17, 2025

    Artificial Intelligence (AI) and rapid technological advancements are changing the global economic landscape, but policymakers must ensure that this shift does not deepen inequality or leave developing nations behind.

    This is according to Reserve Bank Governor Lesetja Kganyago who addressed the third G20 Finance Ministers and Central Banks Governors meeting held in Zimbali, Kwa-Zulu Natal on Thursday.

    “[AI]…represents a significant turning point in the global economic landscape. Governors have just come out of a very insightful side event on the implications of AI for productivity and labour markets. What is clear is that, if harnessed effectively, AI has the potential to revive productivity growth and improve living standards.

    “However, as policymakers, our challenge is not simply to catch up but to ensure that this shift does not deepen inequality or destabilise already fragile labour markets. Getting the balance right between innovation and inclusion will be one of the defining policy imperatives of our time,” he said.

    The Governor noted that for emerging markets and developing economies “the stakes are especially high”
    “In Africa, for instance, the working age population is expanding rapidly and according to the African Development Bank, the continent could potentially unlock up to $1 trillion in productivity gains by 2035.

    But only if we close critical gaps in data, digital infrastructure, skills and capital access,” the governor said.
    Kganyago emphasised that as G20 countries “we carry a unique responsibility to shape a global recovery that is not only resilient, but also inclusive and forward looking”.

    “This means deepening policy coordination, advancing structural reforms, investing in economies to adapt to compete and to thrive in a rapidly evolving global landscape. It also means that ensuring that the gains of technological progress are broadly shared and to the benefit of all.

    “The choices we make during these times of heightened uncertainty will shape the future of global economic cooperation.” – SAnews.gov.za

    MIL OSI Africa –

  • MIL-OSI USA: Hickenlooper Votes Against Republicans’ Bill to Claw Back Billions in Bipartisan Government Funding, Silence Rural Radio Stations

    US Senate News:

    Source: United States Senator John Hickenlooper – Colorado
    WASHINGTON – Today, U.S. Senator John Hickenlooper released the following statement after he voted against the Republicans’ package to rescind bipartisan government funding for local radio stations and foreign assistance that helps millions each year.
    “Earlier this month, Republicans ripped health care away from 17 million Americans and hiked the price of groceries and electricity on working families. Today, they’re pulling the plug on rural radio stations and public TV programming Coloradans count on.
    “This isn’t ‘government efficiency’. It’s throwing away America’s future piece by piece.”
    Hickenlooper voted NO on the Republicans’ $9 billion rescission package after Republicans voted against Democratic-led amendments to protect public broadcasting and preserve America’s global leadership.
    Hickenlooper introduced and joined four amendments to the Republicans’ rescission package, including amendments to:
    Save Public TV and Radio: Hickenlooper co-sponsored an amendment to remove the $1.1 billion in funding cuts for local radio and tv stations that are vital for millions of Americans and hundreds of thousands of Coloradans living in rural areas.
    Protect Efforts to Boost Economic Stability in the Western Hemisphere: Hickenlooper-led amendment to strike cuts to the Inter-American Foundation (IAF), which boosts economic development across Latin America and the Caribbean to help reduce push factors for migration.
    Safeguard Clean Energy Investments: Hickenlooper-led amendment to preserve U.S. investments in clean energy projects in developing countries through the Clean Technology Fund (CTF).
    Preserve U.S. Leadership Abroad: Hickenlooper-led amendment to strike cuts to the Economic Support Fund (ESF), which gives development and economic assistance to countries of strategic importance to help counter Chinese influence around the world.
    Hickenlooper raised the alarm about the Republicans’ reckless effort to silence rural radio stations and what it would mean for millions of Americans who live in rural areas and depend on public broadcasting for emergency alerts, transportation accidents, national security threats or public safety matters. 

    MIL OSI USA News –

  • MIL-OSI Security: Former U.S. Army Soldier Sentenced to 12 Years in Federal Prison for Aggravated Child Neglect

    Source: US FBI

    NASHVILLE – Andrew J. Garasich, 29, of Westmoreland, Pennsylvania, has been sentenced to 12 years in federal prison for aggravated child neglect, announced Robert E. McGuire, Acting United States Attorney for the Middle District of Tennessee.

    “The victim in this case was a two-month-old child who was horribly neglected by the Defendant and barely survived,” said Acting United States Attorney Robert E. McGuire. “The child is now in a loving home but will face lifelong struggles because of the Defendant’s choices. This case shows that we will not hesitate to prosecute those who hurt children and, if they are convicted, we will seek long sentences in federal prison for them.”

    “This sentencing is a result of the unwavering commitment of the FBI and our justice system to protect the most vulnerable members of our community—our children,” said Special Agent in Charge Joe Carrico of the FBI Nashville Field Office. “There is no place in our community for those who harm children, and we will do everything we can to find and punish those who engage in this repugnant activity and seek justice for victims.”

    “This case highlights the strong partnership between Army CID, the FBI, and the Department of Justice,” said Special Agent in Charge John McCabe of the Department of the Army Criminal Investigation Division’s Midcentral Field Office. “This sentencing reflects our dedication to justice for this young victim and sends a clear message that child abuse will not be tolerated within our ranks or in our communities.”

    Garasich, a former sergeant (E-5) in the United States Army stationed on Fort Campbell, Kentucky, was a father of a two-month-old baby when, on December 30, 2022, Garasich severely burned his baby by bathing him in water so hot that the baby’s skin peeled off his body. The two-month-old baby did not receive medical treatment for five days after the bath.  When the baby was finally taken to Houston County Community Hospital for medical treatment, Garasich did not accompany the baby to the hospital. Medical personnel immediately arranged for the baby to be life flighted to Vanderbilt University Medical Center due to the severity of his injuries, and they contacted the Erin, Tennessee, Police Department, which dispatched officers to the hospital to speak with witnesses about how the baby was injured. When the baby was assessed at Vanderbilt, in addition to partial to full thickness burns on the baby’s buttocks, perineum, lower extremities, and left elbow, medical personnel also noted a left parietal skull fracture.

    Although Garasich does not have any prior criminal convictions, he has a prior case with the Department of Children’s Services involving another child in 2019.

    Following his term of imprisonment, Garasich will be on supervised release for 4 years.

    Garasich’s co-defendant, the child’s mother, will be sentenced on August 5, 2025.

    This case was investigated by the U.S. Army – Criminal Investigation Division and the FBI Nashville Field Office, Clarksville Resident Agency.  Assistant U.S. Attorney Monica Morrison and Acting United States Attorney Robert E. McGuire prosecuted the case.

    # # # # #

    MIL Security OSI –

  • MIL-OSI: The Riverside Company Closes Value Fund II at $750 Million Hard Cap

    Source: GlobeNewswire (MIL-OSI)

    CLEVELAND, NEW YORK and LOS ANGELES, July 17, 2025 (GLOBE NEWSWIRE) — The Riverside Company, a global investment firm focused on lower middle market investments, announced the successful final close of its Riverside Value Fund II (RVF II) at its hard cap of $750 million. RVF II was significantly oversubscribed and closed at more than double the size of its predecessor fund RVF I, which held a final close in June 2023 at $350 million. RVF II closed the fund five months after its initial launch in February 2025.

    The Riverside Value Fund (RVF) seeks to invest in North American businesses that compete in durable, growing end markets and that have the potential for significant growth and operational transformation. RVF provides flexible capital solutions to support businesses in transition or at an inflection point. The fund targets investments in a wide range of industries, and its current portfolio includes companies in the business services, specialty manufacturing, value-added distribution and financial services sectors, among others. The RVF team works closely with its management partners to implement aggressive top- and bottom-line growth plans for each of its portfolio companies.

    “We are humbled by the trust placed in us by this highly experienced and thoughtful group of existing and new investors in RVF II, and we are grateful for the strong performance delivered by our partner companies which enabled us to achieve this milestone,” said Riverside Managing Partner Sean Ozbolt. “We’re fortunate to partner with investors who share our value-driven philosophy and our focus on operational excellence as a catalyst for sustainable growth.”

    Joining Ozbolt in leading the RVF investment team are Managing Partner Ron Sansom and Partners Andrew Fohrer and Craig Kahler. In addition to its dedicated investment and operating team based in Los Angeles, RVF leverages the depth and breadth of Riverside’s global platform, including its highly experienced, 23-person origination team and its extensive group of more than 50 operating professionals.

    “The lower middle market offers a wide range of companies navigating complex or transitional situations, including carve-outs, family-owned business transitions, challenging integrations, leadership changes or other inflection points,” said Riverside Co-CEO Stewart Kohl. “RVF’s platform is built to identify these hidden gems, unlock overlooked value and work with management partners to implement hands-on operational strategies that accelerate both revenue and quality of earnings.”

    Over the last twelve months, RVF completed transactions totaling more than $1 billion in enterprise value, including three new platform investments, five add-on acquisitions and one exit. The firm also continues to expand its partnership with Ownership Works, implementing broad-based employee equity ownership plans at several of its portfolio companies. Thus far, more than 1,100 employees of RVF partner companies have earned an equity stake in their businesses.

    “The RVF team now has a proven track record of identifying value in complex situations or companies in transition which led to successfully raising this second fund,” said Riverside Co-CEO Béla Szigethy. “We’re thrilled so many LPs, both new and existing, in turn recognized the value of RVF. An oversubscribed fund is a testament to their faith in Riverside – and we’re honored to have those investors join us on this journey.”

    The Riverside Company
    The Riverside Company is a global investment firm focused on being one of the leading private equity and flexible capital options for business owners and portfolio company employees at the smaller end of the middle market by seeking to fuel transformative growth and create lasting value. Since its founding in 1988, Riverside has made more than 1,000 investments. The firm’s international private equity and flexible capital portfolios include more than 140 companies. For more information, visit www.riversidecompany.com.

    Holly Mueller 
    Marketing Consultant
    The Riverside Company
    216.535.2236 
    hmueller@riversidecompany.com

    The MIL Network –

  • MIL-OSI: Topnotch Crypto Opens Green Cloud Mining Chapter, From London to the World

    Source: GlobeNewswire (MIL-OSI)

    Houston, Texas, July 17, 2025 (GLOBE NEWSWIRE) —  Topnotch Crypto, a pioneering blockchain solutions provider headquartered in London, has officially unveiled its groundbreaking green cloud mining chapter. This bold initiative positions Topnotch Crypto at the forefront of sustainable digital asset technology, delivering a cleaner, smarter way for individuals and enterprises worldwide to mine top cryptocurrencies such as Bitcoin and Litecoin.

    A Major Leap Toward Sustainable Crypto

    As global concern mounts over the heavy environmental toll of traditional crypto mining, Topnotch Crypto’s timely move introduces a new paradigm. By powering operations with energy sourced from cutting-edge solar and wind facilities, the company’s cloud mining solution slashes carbon emissions, demonstrating how blockchain innovation can coexist with ecological responsibility.

    Our mission has always been to make blockchain work for both people and the planet. Through this new green chapter, we’re proving that you can profit from digital assets without leaving a damaging footprint on the Earth.

    Mining Made Simple — Without Expensive Hardware

    Topnotch Crypto’s platform revolutionizes access to crypto mining by eliminating the need for costly rigs, noisy setups, and complex maintenance. Users anywhere can sign up, choose a mining plan tailored to their goals, and begin receiving daily payouts. The entire infrastructure — from hardware management to renewable power sourcing — is expertly handled by Topnotch Crypto’s dedicated teams.

    This accessible model breaks down the traditional barriers that have kept many would-be miners out of the market. Whether in London, Lagos, São Paulo, or Singapore, users can now seamlessly participate in mining and grow their digital wealth without the headaches or high upfront costs.

    AI Optimization Powers Higher Returns

    At the core of this green cloud mining operation lies advanced AI technology. Topnotch Crypto’s intelligent systems continuously monitor network loads and adjust mining activities to maximize efficiency. By distributing workloads across renewable-powered data centers in real time, the platform ensures energy is never wasted and that returns remain strong even in shifting market conditions.

    Our AI does more than just streamline operations. it guarantees smarter use of every watt. That means we’re not only protecting the environment, but also delivering more value back to our clients.

    Security, Transparency, and Global Confidence

    Trust is critical in the world of digital assets, and Topnotch Crypto places security and transparency at the center of its operations. The platform employs military-grade encryption, multi-layered authentication, and continuous network monitoring to protect user investments.

    Clients also benefit from clear, intuitive dashboards that provide a full view of mining performance, payouts, and contract status around the clock. This level of transparency builds confidence, ensuring that each user — whether an individual investor or a large enterprise — always knows exactly how their assets are working for them.

    A Global Call to Rethink Crypto Mining

    This opening of a green cloud mining chapter is more than just a business evolution for Topnotch Crypto; it’s a rallying point for the broader blockchain industry. By proving that mining can be both profitable and environmentally sound, Topnotch Crypto hopes to inspire similar practices worldwide.

    We believe this is the future of mining. As more companies follow this path, we’ll see a stronger, cleaner blockchain ecosystem that benefits everyone.

    Start mining in simple steps

    •Create an account: Visit the Topnotch Crypto official website or download the app, register with your email address, and receive a $15 newbie bonus.

    •Choose a contract: Choose a suitable option from a variety of contracts based on your needs.

    •Start mining: The contract will take effect immediately after confirmation, the system will automatically allocate computing power, and you can check the progress in real time.

    About Topnotch Crypto

    Topnotch Crypto is a London-based leader in blockchain and digital asset solutions, dedicated to making cryptocurrency mining accessible, secure, and environmentally responsible. Through a combination of innovation, rigorous security, and a commitment to sustainability, the company helps clients around the world grow their digital assets with confidence.

    Join the Green Mining Revolution Today

    Individuals and organizations eager to participate in this new era of eco-friendly mining can start with Topnotch Crypto in just minutes. With flexible packages, transparent operations, and support for users across all continents, the platform makes it simple to begin earning daily crypto rewards — all powered by clean, renewable energy.

    For more information or to start mining sustainably, visit https://topnotchcrypto.com.

    You can contact through Email address: info@topnotchcrypto.com

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or a trading recommendation. Cryptocurrency mining and staking involve risks and may result in the loss of funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    Attachment

    The MIL Network –

  • MIL-OSI Banking: Identity fraud: BaFin warns consumers about the website myfundrock.de

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    The unknown operators claim that their offer is from FundRock Distribution DE Branch in Munich. This is the German branch of FundRock Distribution S.A., based in Luxembourg. However, this is not true. This is a case of identity fraud. FundRock Distribution DE Branch and FundRock Distribution S.A. have no connection to the website myfundrock.de or the services offered there.

    BaFin is issuing this warning on the basis of section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG).

    Please be aware:

    BaFin warns consumers about fraudulent term deposit offers.

    You can view BaFin’s current warnings about companies operating without the required authorisation and find out how to protect yourself from fraudsters on the financial market in the “Recognising financial fraud” section of our website.

    MIL OSI Global Banks –

  • MIL-OSI: No Credit Check Loans With Guaranteed Approval & Same-Day Payday Loans — GADCapital Launches New Digital Platform for Instant Online Loans in 2025

    Source: GlobeNewswire (MIL-OSI)

    Aventura, July 17, 2025 (GLOBE NEWSWIRE) —  GADCapital has launched a new digital lending platform designed to connect U.S. borrowers with no credit check loans with guaranteed approval options and same-day payday loans online for urgent financial needs. More details about the service are available on GADCapital’s same-day payday loans page, where consumers can explore features built for rapid funding and expanded access even for those with lower credit scores..

    GADCapital’s platform responds to the growing demand for faster, more inclusive financial solutions by evaluating real-time income and bank activity rather than relying solely on FICO scores. The system enables instant payday loans online guaranteed approval possibilities and same-day cash deposits for loans up to $5,000, helping consumers address unexpected expenses quickly and discreetly.

    How GADCapital’s Platform Delivers No Credit Check Loans Online

    Unlike traditional bank loans that require hard credit pulls and strict scoring thresholds, GADCapital’s digital platform focuses on no credit check loans that rely on alternative data like income and bank transactions. Through the use of soft credit inquiries, GADCapital helps ensure that applying for same-day payday loans online will not harm a borrower’s credit score.

    Borrowers using GADCapital’s platform can:

    • Complete secure applications in under five minutes
    • Avoid hard credit checks that could lower FICO scores
    • Receive loan offers from multiple licensed lenders
    • Access funds as quickly as the same business day
    • Request amounts ranging from $100 to $5,000

    By modernizing the lending process, GADCapital positions itself as a leading provider of no credit check loans guaranteed approval possibilities, ensuring consumers receive timely support during financial emergencies.

    Why Borrowers Choose GADCapital for Same-Day Payday Loans Online

    Many Americans encounter situations where traditional lenders can’t offer the speed or flexibility needed for sudden expenses. GADCapital’s platform specifically addresses this gap by connecting consumers to same-day payday loans online no credit check options, giving them tools to manage costs such as medical bills, auto repairs, or unexpected utility payments.

    GADCapital’s platform stands out because it:

    • Avoids traditional credit requirements
    • Focuses on current financial health instead of past credit challenges
    • Prioritizes digital convenience over lengthy bank processes
    • Enables fast funding for urgent needs
    • Maintains partnerships only with state-licensed, reputable lenders

    This modern approach aligns with consumer demand for instant payday loans online guaranteed approval possibilities, offering a smoother alternative to traditional bank loans.

    GADCapital’s Digital Platform vs. Traditional Bank Loans

    Traditional banks often fall short for borrowers needing emergency cash loans, primarily because:

    • They require hard credit pulls that lower scores
    • They impose rigid credit score cutoffs
    • Loan decisions can take days or weeks
    • Rejections are frequent for subprime or thin-credit applicants
    • Loan sizes tend to be too large for small emergency needs

    By contrast, GADCapital’s platform:

    • Uses soft credit checks only
    • Bases decisions on verified income and real-time banking data
    • Delivers same-day or next-day funding for qualified borrowers
    • Provides loan offers for as little as $100
    • Focuses on urgent financial situations

    This makes GADCapital’s system a practical alternative for those searching for payday loans online no credit check instant approval while avoiding the bureaucracy of traditional financial institutions.

    How GADCapital’s Process Works for No Credit Check Loans

    Applying for a same day payday loan no credit check through GADCapital involves a simple four-step path:

    1. Online Application: Consumers fill out a secure digital form detailing employment, income, and banking information in just a few minutes.
    2. Soft Credit and Bank Data Review: GADCapital’s system performs a soft credit inquiry and analyzes recent bank activity to confirm financial stability.
    3. Multiple Lender Offers: Licensed lenders respond with side-by-side offers, presenting clear loan terms, rates, and repayment schedules.
    4. E-Signature and Funding: Once borrowers choose an offer, they e-sign documents electronically and may receive funds via ACH deposit or debit card push as quickly as the same business day.

    This digital workflow provides consumers with a faster and more transparent way to secure instant payday loans online guaranteed approval possibilities compared to traditional lenders.

    Who Can Apply for GADCapital’s No Credit Check Loans

    Consumers interested in using GADCapital’s platform for payday loans online no credit check instant approvalgenerally need to:

    • Be at least 18 years old
    • Reside in the United States
    • Have verifiable income from wages, benefits, or self-employment
    • Maintain an active checking account for loan deposits and repayments
    • Provide a valid email address and phone number

    By focusing on current financial circumstances rather than credit history alone, GADCapital opens access to no credit check loans guaranteed approval possibilities for individuals who might otherwise be excluded from traditional lending options.

    Types of No Credit Check Loans Offered Through GADCapital’s Platform

    GADCapital’s digital platform connects borrowers with various lending products, including:

    • $255 Payday Loans: A popular micro-loan option in states with lending caps for covering immediate small expenses.
    • Instant Payday Loans Online Guaranteed Approval Possibilities: Larger loan amounts up to $1,000 for urgent financial situations like auto repairs or medical bills.
    • Bad Credit Payday Loans: Designed for borrowers with sub-600 FICO scores who can verify income and employment.
    • Emergency Loans: Aimed at covering life-critical costs, such as emergency medical expenses or overdue utility bills.
    • Same Day Loans: Specifically designed for consumers needing funds within hours rather than waiting for traditional processing.

    All loans are provided by licensed lenders who adhere to state regulations, helping borrowers secure payday loans online no credit check instant approval safely and legally.

    Key Features of GADCapital’s Digital Lending Platform

    GADCapital’s platform introduces several advantages for consumers exploring no credit check loans:

    • Soft Credit Inquiries: Borrowers avoid hard credit pulls, preserving credit scores.
    • Same-Day Funding Available: Many loans are funded the same business day for urgent needs.
    • Income-Based Approvals: Decisions rely on current income and banking activity, not just credit scores.
    • Transparent Terms: All loan offers disclose rates and fees clearly for consumers seeking payday loans online.
    • Strong Security Measures: GADCapital’s encryption protocols protect sensitive personal and financial data.

    These features make GADCapital’s digital platform a trusted choice for those seeking instant payday loans online guaranteed approval possibilities without traditional lending barriers.

    Benefits and Considerations of GADCapital’s Platform

    Advantages of GADCapital’s platform:

    • Fast application and funding process
    • Access to multiple lenders for competitive loan offers
    • Eligibility for borrowers with diverse credit histories
    • Clear and transparent loan terms
    • Digital convenience with secure online transactions

    Important considerations:

    • Short-term loans may carry higher interest rates
    • Repayment periods are often shorter than traditional loans
    • Loans should only be used for genuine emergencies, not ongoing expenses
    • Borrowers should review terms carefully to avoid future financial strain

    GADCapital emphasizes that same-day payday loans online no credit check are intended as emergency solutions, not long-term financial strategies.

    How GADCapital Fits Into Today’s Emergency Lending Landscape

    As demand for rapid financial solutions grows, GADCapital continues to position itself as a leader in the payday loans online no credit check instant approval market. Through technology and strong partnerships with licensed lenders, the company remains focused on:

    • Expanding credit access for underserved consumers
    • Delivering transparent lending processes
    • Offering a digital alternative to traditional bank loans

    By leveraging advanced digital tools and an extensive lender network, GADCapital helps consumers handle financial emergencies quickly and securely.

    About GADCapital

    GADCapital is a digital lending platform connecting consumers with licensed lenders offering no credit check payday loans, same-day payday loans online, and other short-term financial solutions. The company’s mission is to simplify the borrowing process and deliver fast, secure funding for individuals facing unexpected expenses.

    Disclaimer

    This article provides general information about emergency lending services and should not be considered financial or legal advice. Loan terms, interest rates, and availability vary by lender and state. While some lenders may offer high approval rates, no loan approval is truly “guaranteed” and depends on individual circumstances and lender verification processes. This content is for informational purposes only. Prospective borrowers should carefully review all terms and conditions before accepting any loan offer. The publisher assumes no responsibility for actions taken based on this information. All company names and trademarks are the property of their respective owners and are used for informational purposes only.

    Contact Data:
     GADCapital Press Office
    Phone: (800) 961-5909
    Email: info@gadcapital.com
    Website: https://gadcapital.com

    The MIL Network –

  • MIL-OSI: VERAXA Biotech and Voyager Acquisition Corp. Announce Filing of Form F-4 Registration Statement with the SEC

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, July 17, 2025 (GLOBE NEWSWIRE) — VERAXA Biotech AG (“VERAXA” or the “Company”), an emerging leader in designing novel cancer therapies, and Voyager Acquisition Corp.,  a Cayman Islands exempted company and special purpose acquisition company targeting the healthcare sector (NASDAQ:VACH, “Voyager” or the “SPAC”), announced today the filing of a registration statement on Form F-4 (the “Registration Statement”), which includes a preliminary proxy statement, with the U.S. Securities and Exchange Commission (“SEC”) in regards to the proposed Business Combination Agreement announced April 23, 2025.

    “We are excited to share this pivotal milestone in VERAXA’s journey toward becoming a public company,” commented Christoph Antz, Ph.D., CEO and Co-Founder of VERAXA. “The filing of our Registration Statement marks a significant step forward in our path to accessing the public capital markets and vision of bringing the next generation of safe and highly effective cancer therapies to patients. We remain focused on executing the merger effectively with Voyager as we move forward together.”

    While the Registration Statement has not been declared effective, and the information included within is not complete and subject to change, it contains key information about Voyager’s business and securities listing, VERAXA’s drug development pipeline, technology platform, licensing partnerships, intellectual property, and research and development program. It also includes the proposed Business Combination Agreement and the proposals to be considered by SPAC’s shareholders.

    Transaction Overview

    Under the terms of the Business Combination Agreement, VERAXA’s equity value contribution to the Business Combination will amount to approximately $1.3 billion. Accordingly, VERAXA’s shareholders will receive approximately 130 million ordinary shares of the combined company in exchange for their existing VERAXA shares. Existing VERAXA shareholders and management will not receive any cash proceeds as part of the transaction and will roll over 100% of their equity into the combined company.

    Assuming a share price of $10.00 per share and no redemptions of Voyager’s shares by Voyager’s public shareholders, VERAXA (as a combined entity) is expected to have an implied pro forma equity value of approximately $1.64 billion at closing.

    Upon the closing of the Business Combination, VERAXA anticipates access to approximately up to $253 million in cash held in trust by Voyager, prior to the payment of transaction costs of VERAXA and Voyager, and assuming no redemptions by Voyager’s public shareholders.

    The boards of directors of both Voyager and VERAXA unanimously approved the Business Combination. Voyager and VERAXA expect the Business Combination to close in the fourth quarter of 2025. The transaction is subject to approval of Voyager’s and VERAXA’s shareholders and the satisfaction of certain other customary closing conditions.

    Additional information about the transaction will be provided in a Current Report on Form 8-K that will contain an investor presentation to be filed with the SEC and will be available at www.sec.gov. In addition, VERAXA will file other documents regarding the Business Combination with the SEC. This communication is not intended to be, and is not, a substitute for the proxy statement/prospectus or any other document that Voyager has filed or may file with the SEC in connection with the Business Combination.

    Advisors

    Anne Martina Group is acting as sole M&A advisor to VERAXA. Duane Morris LLP is acting as legal counsel to VERAXA. Winston & Strawn LLP is serving as legal counsel to Voyager. Cantor Fitzgerald is acting as Voyager’s capital markets advisor.

    About VERAXA Biotech

    At VERAXA, we are building a premier engine for the discovery and development of next-generation antibody-based therapeutics, including bispecific ADCs, bispecific T cell engagers and other innovative formats. Powered by a suite of transformative technologies and guided by rigorous quality-by-design principles, we are rapidly advancing our pipeline of ADCs and proprietary BiTAC formats into clinical development and beyond. VERAXA was founded on scientific breakthroughs made at the European Molecular Biology Laboratory, a world-renowned institution known for pioneering life science research and cutting-edge technology. For more information, please visit www.veraxa.com.

    On April 22, 2025, VERAXA entered into a definitive business combination agreement (the “Business Combination Agreement”) with Voyager Acquisition Corp., a Cayman Islands exempted company and special purpose acquisition company targeting the healthcare sector (NASDAQ: VACH, “Voyager”). Upon closing of the Business Combination Agreement, VERAXA is expected to become a publicly traded company listed on NASDAQ.

    About Voyager Acquisition Corp.

    Voyager is a special purpose acquisition company with a bold mission: to revolutionize the healthcare sector through a merger, stock purchase, or business combination. Our team of experienced executives includes unparalleled expertise in investing, operations, and medical innovation, supported by a vast network of connections. With these strengths, we not only seek to drive success but commit to scaling companies to unprecedented heights in the healthcare industry. For more information, please visit https://www.voyageracq.com.

    Participants In the Solicitation

    Voyager, VERAXA, and their respective directors, executive officers, other members of management, and employees may be deemed participants in the solicitation of proxies from Voyager’s stockholders with respect to the Business Combination. Investors and security holders may obtain more detailed information regarding the names and interests in the Business Combination of Voyager’s directors and officers in Voyager’s filings with the SEC, including, when filed with the SEC, the preliminary proxy statement/prospectus, the definitive proxy statement/prospectus, amendments and supplements thereto, and other documents filed with the SEC. Such information with respect to VERAXA’s directors and executive officers will also be included in the proxy statement/prospectus. You may obtain free copies of these documents as described below under the heading “Additional Information and Where to Find It”.

    Non-Solicitation

    This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Voyager or VERAXA, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended.

    Forward-Looking Statements

    This press release includes certain statements that may be considered forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include, without limitation, statements about future events or Voyager’s or VERAXA’s future financial or operating performance. For example, statements regarding VERAXA’s anticipated growth and the anticipated growth and other metrics, statements regarding the benefits of the Business Combination, and the anticipated timing of the completion of the Business Combination are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “could,” “might,” “plan,” “possible,” “project,” “strive,” “budget,” “forecast,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “potential” or “continue,” or the negatives of these terms or variations of them or similar terminology.

    These forward-looking statements regarding future events and the future results of Voyager and VERAXA are based on current expectations, estimates, forecasts, and projections about the industry in which VERAXA operates, as well as the beliefs and assumptions of Voyager’s management and VERAXA’s management. These forward-looking statements are only predictions and are subject to, without limitation, (i) known and unknown risks, including the risks and uncertainties indicated from time to time in the final prospectus of Voyager relating to its initial public offering filed with the SEC, including those under “Risk Factors” therein, and other documents filed or to be filed with the SEC by Voyager; (ii) uncertainties; (iii) assumptions; and (iv) other factors beyond Voyager’s or VERAXA’s control that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. They are neither statements of historical fact nor promises or guarantees of future performance. Therefore, VERAXA’s actual results may differ materially and adversely from those expressed or implied in any forward-looking statements and Voyager and VERAXA therefore caution against relying on any of these forward-looking statements.

    These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Voyager and its management, VERAXA and its management, as the case may be, are inherently uncertain and are inherently subject to risks, variability and contingencies, many of which are beyond Voyager’s or VERAXA’s control. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (i) the occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination Agreement and any subsequent definitive agreements with respect to the Business Combination; (ii) the outcome of any legal proceedings that may be instituted against Voyager, VERAXA, or others following the announcement of the Business Combination and any definitive agreements with respect thereto; (iii) the inability to complete the Business Combination due to the failure to obtain consents and approvals of the shareholders of Voyager, to obtain financing to complete the Business Combination or to satisfy other conditions to closing, or delays in obtaining, adverse conditions contained in, or the inability to obtain necessary regulatory approvals required to complete the transactions contemplated by the Business Combination Agreement; (iv) changes to the proposed structure of the Business Combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the Business Combination; (v) projections, estimates and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, and the estimated implied enterprise value of VERAXA; (vi) VERAXA’s ability to scale and grow its business, and the advantages and expected growth of VERAXA; (vii) VERAXA’s ability to source and retain talent, the cash position of VERAXA following closing of the Business Combination; (viii) the ability to meet stock exchange listing standards in connection with, and following, the consummation of the Business Combination; (ix) the risk that the Business Combination disrupts current plans and operations of VERAXA as a result of the announcement and consummation of the Business Combination; (x) the ability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of VERAXA to grow and manage growth profitably, maintain key relationships and retain its management and key employees; (xi) costs related to the Business Combination; (xii) changes in applicable laws, regulations, political and economic developments; (xiii) the possibility that VERAXA may be adversely affected by other economic, business and/or competitive factors; (xiv) VERAXA’s estimates of expenses and profitability; (xv) the failure to realize estimated shareholder redemptions, purchase price and other adjustments; and (xvi) other risks and uncertainties set forth in the filings by Voyager with the SEC. There may be additional risks that neither Voyager nor VERAXA presently know or that Voyager and VERAXA currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Any forward-looking statements made by or on behalf of Voyager or VERAXA speak only as of the date they are made. None of Voyager or VERAXA undertakes any obligation to update any forward-looking statements to reflect any changes in their respective expectations with regard thereto or any changes in events, conditions or circumstances on which any such statement is based.

    Additional Information and Where to Find It

    In connection with the Business Combination Agreement, Voyager and/or VERAXA intend to file relevant materials with the SEC, including the Registration Statement, which will include a proxy statement/prospectus of Voyager, and will file other documents regarding the proposed transaction with the SEC. This communication is not intended to be, and is not, a substitute for the proxy statement/prospectus or any other document that Voyager has filed or may file with the SEC in connection with the proposed transaction. When available, the definitive proxy statement and other relevant materials for the proposed transaction will be mailed or made available to stockholders of Voyager as of a record date to be established for voting on the proposed transaction.

    Before making any voting or investment decision, investors and stockholders of Voyager are urged to carefully read, when they become available, the entire registration statement, the proxy statement/prospectus, and any other relevant documents filed with the SEC, as well as any amendments or supplements to these documents, and the documents incorporated by reference therein, because they will contain important information about Voyager, VERAXA, and the proposed transaction. Voyager’s investors and stockholders and other interested persons will also be able to obtain copies of the registration statement, the preliminary proxy statement/prospectus, the definitive proxy statement/prospectus, other documents filed with the SEC that will be incorporated by reference therein, and all other relevant documents filed with the SEC by Voyager in connection with the Transaction, without charge, once available, at the SEC’s website at www.sec.gov, or by directing a request to Voyager at the address set forth below.

    Contact

    VERAXA Biotech AG Voyager Acquisition Corp.
    Dr. Christoph Antz
    CEO
    Telephone: +49-6221-3521330
    Email: antz@veraxa.com    		 Mr. Adeel Rouf
    Chief Executive Officer, and Director
    Email: adeel@voyageracq.com
       
    For Media & Investors
    Mario Brkulj
    Valency Communications
    Telephone: +49 160 9352 9951
    Email: mbrkulj@valencycomms.eu    		  
       
    BiTAC is a trademark of VERAXA Biotech AG.  
       

    The MIL Network –

  • MIL-OSI: SAML Provides Update on Disclosure Status and OTC Markets Listing

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, NY, July 17, 2025 (GLOBE NEWSWIRE) — Samsara Luggage Inc. (OTC: SAML), a publicly traded company focused on acquiring and growing businesses in the public safety sector, today issued an update regarding its financial disclosures and status on the OTC Markets platform.

    SAML is currently in the process of completing its outstanding audited financials and disclosures. The delays stem primarily from accounting and compliance matters related to legacy issues predating current management, including historical SEC comments and the need to implement updated internal systems for more efficient reporting as SAML grows.

    In the last three years, SAML has also changed auditors twice, first transitioning to an India-based audit firm and then again to a U.S.-based PCAOB-registered auditor, aligning with its future listing ambitions. This process, while essential, added further complexity and time to audit completion.

    Additionally, SAML faced significant cash flow constraints during the 2023–2024 market downturn, which limited its ability to allocate resources aggressively toward finalizing its financials. Despite this, SAML has remained focused on strengthening its operational foundation and preparing for future growth.

    Management stated:

    “While SAML was effectively in a holding pattern throughout 2023 and much of 2024 due to capital constraints, the team has worked diligently behind the scenes to prepare for the next phase of growth. We believe now is the time to execute, particularly as market conditions and trade policy shifts begin to favor our business model. There is no strategic value in remaining on the OTC for the long term, and we’re fully focused on transitioning to a major exchange where we can properly raise capital and unlock shareholder value.”

    SAML management is currently finalizing its audited financials and is targeting submission of all outstanding filings before the beginning of Q4. SAML is also considering filing a registration statement and applying to uplist to a national exchange either concurrently with or shortly after the disclosures are filed. This move is intended to support a robust acquisition pipeline and accelerate growth across its key subsidiaries.

    SAML has been advised not to submit interim unaudited financials, but instead to file complete, audited financials with all necessary adjustments. However, OTC Markets rules prohibit having multiple overdue filings, which may result in SAML being temporarily moved to the OTC Expert Market until compliance is restored.

    SAML affirms that, if such a move occurs, it will be temporary and is prepared to submit the appropriate forms to return to the main OTC tier as quickly as possible.

    “We are working with urgency and determination to complete our filings, restore full compliance, and pursue our listing and capital objectives. We’re excited about what lies ahead and are fully committed to delivering value to our shareholders.”

    For further information on SAML, please see its communication channels:
    Website: https://ert-international.com
    X: @ERT_ILUS
    Email: info@ert-international.com
    Source: SAML

    Forward-Looking Statement

    Certain information set forth in this press release contains “forward-looking information”, including “future-oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company’s business, projects, and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; (vi) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; (vii) renewal of the Company’s current customer, supplier and other material agreements; and (viii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. The Securities and Exchange Commission (“SEC”) has provided guidance to issuers regarding the use of social media to disclose material nonpublic information. In this regard, investors and others should note that we announce material financial information via official Press Releases, in addition to SEC filings, press releases, Questions & Answers sessions, public conference calls, and webcasts also may take time from time to time. We use these channels as well as social media to communicate with the public about our company, our services, and other issues. It is possible that the information we post on social media could be deemed to be material information. Therefore, considering the SEC’s guidance, we encourage investors, the media, and others interested in our company to review the information we post on the following social & media channels: Website: https://ert-international.com X: @ERT_ILUS

    The MIL Network –

  • MIL-OSI: ILUS Provides Update on Disclosure Status and OTC Markets Listing

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, NY, July 17, 2025 (GLOBE NEWSWIRE) — Ilustrato Pictures International Inc. (OTC: ILUS) (“ILUS” or the “Company”), a mergers and acquisitions company focused on acquiring and scaling businesses in the public safety and industrial sectors, today provided an update regarding the status of its financial disclosures and listing position on the OTC Markets.

    As previously communicated to shareholders, ILUS consolidates multiple subsidiaries, including publicly traded companies, within its financial reporting. As a result, any downstream delays, such as audit transitions, accounting changes, or filing delays at the subsidiary level, have a direct impact on ILUS’s ability to complete its consolidations and audits in a timely manner.

    Over the past two years, ILUS has managed a significant number of moving parts, including new acquisitions, divestitures, a complex acquisition unwind, and the mid-period sale of its subsidiary Quality Industrial to a Nasdaq-listed company. These events, combined with a change in auditors and the need to address legacy SEC comments on historical filings, have unfortunately delayed the ILUS’s 2024 audited financial statements.

    ILUS is actively working with its audit team and is in discussions with the SEC to cure prior comments through its upcoming financial disclosures. Based on professional guidance, ILUS has been advised not to file unaudited interim financials, but instead to file fully audited financials when complete. While this is the correct regulatory approach, it creates a short-term conflict with OTC Markets rules, which prohibit companies from having multiple overdue filings. As a result, ILUS may be temporarily moved to the OTC Expert Market until the updated filings are submitted.

    ILUS is targeting completion of its filings before the beginning of Q4 and reiterates that any such OTC downgrade would be temporary and procedural.

    Management is evaluating the potential filing of a Form S-1 registration statement with the SEC, either shortly after or concurrently with those filings. ILUS may also submit a listing application to Nasdaq, given its view that remaining on the OTC Markets provides limited value to shareholders and has become a constraint on long-term growth.

    “Disappointingly, we found ourselves in a perfect storm,” said CEO Nicolas Link. “We were navigating multiple acquisitions, some of which came with inherited accounting issues, while also addressing our own outstanding SEC comments. During this period, we changed auditors, unwound a prior acquisition that required reinstated financials, and completed the sale of a subsidiary mid-period, forcing us to halt consolidation partway through the year. All of this created a highly complex and resource-intensive audit environment. We couldn’t begin the parent-level audit work until the downstream issues were resolved, which only occurred a few months ago. Now, the team is fully focused on completing the process, and it’s our top priority.”

    “Filing a registration statement and pursuing a Nasdaq application is a significant task, but one we’ve successfully managed several times within the group. While it may take time to clear comments and become effective, it’s an essential step. We cannot stay on the OTC indefinitely; it offers little strategic value and imposes costs without benefit. It’s time to complete this chapter, resolve SEC matters once and for all, and give management the ability to fully execute our 2026 roadmap and unlock the value we’ve worked hard to build.”

    If necessary, ILUS will also file the appropriate forms to return to its previous OTC tier immediately following its updated filings. Regardless of the path, ILUS confirms it will not remain on the OTC Expert Market longer than necessary and intends to operate either on the main OTC tier or a national exchange as soon as possible.

    ILUS is working diligently to complete the required audits and filings and will continue to provide shareholders with updates as progress is made.

    For further information on ILUS, please see its communication channels:
    Website: https://ilus-group.com
    X: @ILUS_INTL
    YouTube: @ILUSInternational
    Email: IR@Ilus-Group.com
    Source: ILUS

    Forward-Looking Statement

    Certain information set forth in this press release contains “forward-looking information”, including “future-oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company’s business, projects, and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; (vi) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; (vii) renewal of the Company’s current customer, supplier and other material agreements; and (viii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. The Securities and Exchange Commission (“SEC”) has provided guidance to issuers regarding the use of social media to disclose material nonpublic information. In this regard, investors and others should note that we announce material financial information via official Press Releases, in addition to SEC filings, press releases, Questions & Answers sessions, public conference calls, and webcasts also may take time from time to time. We use these channels as well as social media to communicate with the public about our company, our services, and other issues. It is possible that the information we post on social media could be deemed to be material information. Therefore, considering the SEC’s guidance, we encourage investors, the media, and others interested in our company to review the information we post on the following social & media channels: Website: https://ilus-group.com X: @ILUS_INTL

    The MIL Network –

  • MIL-OSI: Cyabra Launches AI-Powered Deepfake Detection Tool to Expose Media Manipulation

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, July 17, 2025 (GLOBE NEWSWIRE) — Cyabra Strategy Ltd. (“Cyabra”), the AI-powered platform for real-time disinformation detection, has announced the launch of its advanced deepfake detection tool designed to help brands and governments counter the growing threat of AI-generated “synthetic” media.

    The new capability uses artificial intelligence to analyze images and videos for signs of manipulation, providing rapid verification of content authenticity. In an era when hyper-realistic fake videos and photos spread disinformation at alarming speeds, Cyabra’s tool empowers organizations to distinguish real content from convincing forgeries, detecting threats to brand reputation and public safety.

    Earlier this year, the World Economic Forum warned that organizations must be vigilant and maintain awareness of attacker techniques to protect their people and systems. In February 2024, it was reported that a finance worker for a multinational firm in Hong Kong was tricked into paying $25 million based on a Zoom meeting in which all of the participants, including the company’s chief financial officer, were all deepfakes.

    The advanced detection tool leverages two proprietary AI models: PixelProof for images and MotionProof for videos. PixelProof uses spatio-frequency analysis to detect invisible pixel inconsistencies, while MotionProof identifies unnatural movement patterns and lip-sync errors across video frames. Both models deliver results in seconds and provide confidence scores with visual heatmap explanations showing exactly where content appears manipulated.

    Dan Brahmy, CEO and Co-founder of Cyabra. “Our detection tool acts as a digital magnifying glass, revealing the invisible fingerprints of even the most convincing deepfakes. As digital manipulation evolves, our defenses must keep pace. This new tool gives our customers the forensic clarity needed to help them preserve trust, safeguard discourse, and defend democratic institutions.”

    Recently fabricated videos of public figures – one depicting U.S. President Donald Trump being “arrested,” and another showing Ukrainian President Volodymyr Zelenskyy seemingly surrendering to Russia – briefly went viral and misled audiences before being debunked. Companies are also increasingly targets of deepfake-driven disinformation. Malicious actors can use AI-generated videos and images to fabricate corporate scandals or executive remarks, wreaking havoc on a company’s reputation and stock price. This vulnerability has made deepfake detection a critical component of brand reputation management.

    Unlike standalone deepfake detection tools, Cyabra’s solution integrates into the company’s comprehensive disinformation detection platform. Deepfakes are rarely used in isolation; they are often deployed alongside fake social media profiles, bot networks, and orchestrated false narratives as part of larger influence campaigns. Recognizing this, Cyabra has built the deepfake detector to work in concert with its existing suite of tools for authenticity analysis, narrative tracking, and 24/7 real-time monitoring. This integrated approach gives government agencies and corporations the context and early-warning signals needed to counter complex disinformation threats.

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

    About Cyabra

    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 solutions protect 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

    About Trailblazer

    Trailblazer is a blank check company formed for the purpose of entering into a merger, share 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 and services that are the subject of a proposed transaction (the “Business Combination”) between Trailblazer and Cyabra. All statements other than statements of historical facts contained in this press release, including statements regarding Cyabra’s business strategy, products and services, 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 the 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

    In connection with the Business Combination, Trailblazer Holdings, Inc., a subsidiary of Trailblazer (“Holdings”) has filed a registration statement on Form S-4 (the “Registration Statement”) with the United States Securities and Exchange Commission (the “SEC”), which includes a preliminary proxy statement/prospectus, and certain other related documents, which will be both the proxy statement to be distributed to holders of shares of Trailblazer’s common stock in connection with its solicitation of proxies for the vote by its stockholders with respect to the Business Combination and other matters as may be described in the Registration Statement, as well as the prospectus of Holdings relating to the offer and sale of its securities to be issued in the Business Combination. . After the Registration Statement is declared effective, the proxy statement/prospectus will be sent to all Trailblazer stockholders so that they may vote on the Business Combination.

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

    Trailblazer stockholders are currently able to obtain copies of the preliminary proxy

    statement/prospectus and other documents filed with the SEC that are incorporated by reference therein, and will be able to obtain the definitive proxy statement/prospectus and other documents filed with the SEC that will be incorporated by reference therein, once available, in all cases without charge, at the SEC’s web site at www.sec.gov, or by directing a request to: Trailblazer at 510 Madison Avenue, Suite 1401, New York, NY 10022, Telephone: 646-747-9618.

    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 proposed Business Combination. Information about Trailblazer’s directors and executive officers and their ownership of Trailblazer’s securities is set forth in the proxy statement/prospectus pertaining to the proposed Business Combination.

    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: zerohash funding infrastructure helps power World App Mini App ecosystem; launches Account Funding SDK for Mini Apps in World App

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 17, 2025 (GLOBE NEWSWIRE) — zerohash today announced it is providing funding infrastructure for Mini Apps within the World App ecosystem.

    Zerohash for World App’s Mini App ecosystem aims to help pave the way for real-world adoption of digital assets including WLD (Worldcoin), as well as offering an additional technical foundation for developers building Mini Apps. The Mini App ecosystem allows third-party developers to build experiences directly inside the platform – ranging from event-based trading to AI-powered utilities and decentralized services. Notable Mini Apps include Kalshi, UNO Swap, and World Chat, across over 1 million unique users (Source:World App).

    Mini App developers can now seamlessly embed zerohash’s regulated funding rails to enable compliant, in-platform transactions. By extension, World App users are able to instantly fund their accounts in USDC or WLD, without needing to manually input their wallet addresses or leaving the platform. zerohash’s Account Funding SDK works by automatically detecting the World App environment using pre-populated user context to deliver a faster, frictionless funding experience.

    The integration is now live for the growing roster of Mini App developers, as World App becomes a leading hub for on-chain, user-friendly companies.

    Edward Woodford, CEO of zerohash said, “as the go-to partner for compliant, regulated, on-chain infrastructure, zerohash is proud to deliver the rails that make innovators including World App.”

    Head of Financial Products at Tools for Humanity, Patrick Traughber said, “zerohash’s infrastructure helps deliver a more seamless Mini App developer experience as we build out engaging products for the real human network.”

    About zerohash
    zerohash is the leading infrastructure provider for crypto, stablecoin, and tokenized assets. Its API and embeddable dev-kit enables innovators to easily launch solutions across cross-border payments, commerce, trading, remittance, payroll, tokenization and on/off-ramps.

    zerohash powers solutions for some of the largest and innovative companies including Interactive Brokers, Stripe, Shift4, Franklin Templeton, Felix Pago, Kalshi and LightSpark. Zerohash Holdings is backed by investors, including Point72 Ventures, Bain Capital Ventures, and NYCA.

    In the United States, zerohash LLC is a FinCen-registered Money Service Business and a regulated Money Transmitter that can operate in 51 U.S. jurisdictions. zerohash LLC and zerohash Liquidity

    Services LLC are licensed to engage in virtual currency business activity by the New York State Department of Financial Services. zerohash Trust Company LLC has been approved by the North Carolina Commissioner of Banks as a non-depository trust company. For information about our global regulatory footprint, including our Argentinian registrations, see here.

    zerohash Disclosures
    zerohash services and product offerings may not be available in all jurisdictions.

    zerohash accounts are not subject to FDIC or SIPC protections, or any such equivalent protections that may exist outside of the US. zerohash’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.

    zerohash is not registered with the SEC or FINRA. zerohash does not provide any securities services and is not a custodian of securities, including security tokens, on behalf of Customers.

    Learn more by visiting zerohash.com or following us on X @ZeroHashX

    Media Contacts
    zerohash
    Shaun O’Keeffe
    (855) 744-7333
    media@zerohash.com 

    The MIL Network –

  • MIL-OSI: RI Mining Launches Global Mobile Cloud Mining Platform – Earn Passive Income with XRP

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 17, 2025 (GLOBE NEWSWIRE) — As the cryptocurrency market enters an era defined by clear regulation and increased demand for compliant digital assets, RI Mining has announced the launch of its advanced global mobile cloud mining platform, powered by XRP. Recent legislative developments during the U.S. “Cryptocurrency Week,” including the passage of critical regulations such as the CLARITY Act and the Anti-CBDC Act, have notably boosted investor confidence and driven XRP prices upward.

    Industry Landscape: Why Now?

    The cryptocurrency industry has reached a pivotal turning point, with regulatory frameworks providing greater transparency and certainty. XRP, in particular, has emerged as one of the most practical assets for on-chain efficiency—offering near-instant settlement, low transaction fees, and growing adoption in global payment systems. Its scalability and compliance-friendly architecture also make it a preferred choice among institutional and retail investors seeking exposure to regulated digital finance.

    RI Mining addresses these industry challenges through its mobile cloud mining platform, leveraging XRP rapid settlement capabilities and deploying decentralized, off-grid mining farms powered by cloud infrastructure.

    Key Features of RI Mining Platform

    – Mobile-First Design: Fully accessible via smartphones (iOS and Android) and web browsers, facilitating mining anytime and anywhere.
    – No Hardware Required: Cloud-based operations eliminate expensive equipment and technical complexity.
    – XRP-Focused Mining Efficiency: Capitalizes on XRP rapid settlement speed and low transaction fees to optimize user earnings.
    – AI-Driven Optimization: Advanced artificial intelligence dynamically manages mining resources for maximum profitability and reduced costs.
    – Multi-Cryptocurrency Flexibility: Supports mining of Bitcoin (BTC), Ethereum (ETH),USDT（TRON） and Dogecoin (DOGE), in addition to XRP.
    – Sustainable Mining Practices: Operates with 100% renewable energy sources, adhering to global environmental and social governance (ESG) standards.
    – Transparent Earnings System: Daily earnings tracking with instant withdrawal or reinvestment options, enhancing user control and transparency.

    Real User Experience: Empowering Investors

    Jennifer Adams, an XRP holder living in Los Angeles, shared her success story: “Before using RI Mining, I was intimidated by the complexity and cost of traditional cryptocurrency mining. RI Mining’s mobile platform has completely changed the way I invest and allows me to earn an ongoing passive income right from my smartphone. The entire process is seamless and transparent, which fits my busy lifestyle perfectly.”

    How Investors Can Get Started – Register & Get $15

    RI Mining offers a straightforward and user-friendly onboarding process:

    1. Visit https://rimining.com/ or download the RI Mining mobile app
     2. Register an account and link your XRP wallet address3. Choose a suitable cloud mining contract tailored to your investment goals.
    4. Automatically begin mining and receive daily earnings credited directly to your account.
    5. Enjoy flexibility by withdrawing or reinvesting your earnings at any time.

    Flexible and diverse contracts, the following are popular choices for quick returns

    $15 contract: 1 day contract period, profit $15 + $0.6
    $100 contract: 2 days contract period, profit $100 + $8
    $500 contract: 5 days contract period, profit $500 + $43
    $1,000 contract: 10 days contract period, profit $1000.00 + $135
    $4,800 contract: 21 days contract period, profit $4800.00 + $1471.68

    (Click here to view more potential profitable contracts)

    RI Mining – Start convenient mobile cloud mining

    The shift toward smarter, more accessible crypto solutions is accelerating. As the market aligns with clarity and demand grows for frictionless mining experiences, one thing becomes clear: the future of earning in crypto may already be in your hand.

    Official website: https://rimining.com/

    Download app: Google Play Store and More downloads

    Disclaimer:This press release is provided for informational purposes only and does not constitute financial or investment advice. Cryptocurrency mining involves inherent risks, including market volatility and potential financial loss. Investors are advised to perform thorough due diligence and consult professional advisors prior to participating.

    Attachment

    The MIL Network –

  • MIL-OSI: Cloudera Awarded DoD Enterprise Software Initiative (ESI) Agreement, Enhancing Access to AI-Driven Data Solutions Across Federal Agencies

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif., July 17, 2025 (GLOBE NEWSWIRE) — Cloudera, the only cloud anywhere platform for data and AI, today announced it has been awarded a Blanket Purchase Agreement (BPA) by the Department of Defense (DoD) through their highly competitive Enterprise Software Initiative (ESI) program. This agreement simplifies procurement and accelerates deployment of Cloudera’s platform across the DoD, U.S. Coast Guard, and the Intelligence Community.

    The BPA allows Cloudera to offer its software for up to five years through a pre-negotiated, competitively awarded contract vehicle, supporting faster and more efficient access to modern data tools. To date, the DoD ESI program has achieved more than $7 billion in cost avoidance through volume pricing and streamlined acquisition via the GSA Federal Supply Schedule, underscoring how Cloudera’s scalable data capabilities align with ESI’s mission to deliver cost-effective solutions that support the DoD’s critical needs.

    “This award opens up significant opportunities for Cloudera to further support the DoD and the Intelligence Community’s digital transformation initiatives, enabling them to leverage the power of their data, anywhere, for enhanced decision-making improved operational efficiency, all while advancing national security,” said Jonathan Veal, group vice president, defense and intelligence at Cloudera. “Through the DoD ESI program, agencies can now more easily access our open data lakehouse, secure generative AI capabilities and trusted AI framework — all delivered within a U.S. citizen-on-soil model that meets the highest standards for compliance, scalability and performance.”

    This BPA marks a new chapter in Cloudera’s partnership with the U.S. defense and intelligence communities, providing a trusted foundation to expand AI-driven capabilities and modernize mission operations at scale.

    To learn more about Cloudera’s public sector business or for information on accessing the cutting-edge capabilities of Cloudera’s data platform via DoD ESI, visit https://www.cloudera.com/solutions/public-sector.html.

    About Cloudera
    Cloudera is the only cloud anywhere platform for data and AI. With 100x more data under management than other cloud-only vendors, Cloudera empowers global enterprises to transform data of all types, on any public or private cloud, into valuable, trusted insights. Our open data lakehouse delivers scalable and secure data management with portable cloud-native analytics, enabling customers to bring GenAI models to their data while maintaining privacy and ensuring responsible, reliable AI deployments. The world’s largest brands in financial services, insurance, media, manufacturing, and government rely on Cloudera to use their data to solve what seemed impossible—today and in the future.

    To learn more, visit Cloudera.com and follow us on LinkedIn and X. Cloudera and associated marks are trademarks or registered trademarks of Cloudera, Inc. All other company and product names may be trademarks of their respective owners.

    Contact
    Jess Hohn-Cabana
    cloudera@v2comms.com

    The MIL Network –

  • MIL-OSI: Crowd Street Recognized by CNBC as One of the World’s Top Fintech Companies for Second Year in a Row

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 17, 2025 (GLOBE NEWSWIRE) — Crowd Street, the private market investment platform helping members achieve their financial goals by providing access to investment opportunities, today announced that it has been named to CNBC’s World’s Top 250 Fintech Companies 2025 in the Alternative Financing category. CNBC defines Alternative Financing as companies that offer businesses and consumers a way to borrow or raise money online.

    For the second consecutive year, CNBC is recognizing Crowd Street for empowering the next generation of private market investors who prefer to invest independently. Private market investing has historically been reserved for institutions and elite wealth managers who primarily serve extremely high net-worth individuals. Crowd Street is providing these same opportunities directly to the millions of accredited investors, many of whom prefer to use a self-directed platform to manage their investments.

    “We are incredibly honored to receive this award – it’s a powerful recognition of the passion and dedication our entire team puts in every day,” said John Imbriglia, CEO of Crowd Street. “This achievement reflects not only our commitment to transforming access to the private markets, but also the tangible impact we can make for the millions of accredited investors who prefer to invest independently by providing them the access, education, and tools to responsibly access the private markets.”

    The recognition from CNBC comes at an exciting inflection point for private markets. Only about three percent of individual investors’ assets are allocated to private market opportunities today, but industry research projects that will rapidly expand, and become a trillion dollar market opportunity by 2028.1 Crowd Street is uniquely positioned to lead the category. As of July 2025, with more than $4.4B invested through its platform solely in commercial real estate, Crowd Street is poised to scale by working with some of the top asset management firms to introduce new fund options across additional asset classes, including private equity, private credit and venture capital later this year.

    CNBC and Statista conducted in-depth research on more than 2,000 eligible companies, considering annual reports, company websites, media monitoring, and notable KPIs to determine the top 250 firms across seven categories. Crowd Street’s notable recognition follows several exciting moments from the company in 2025, including the launch of its new brand, new platform updates, inaugural Member Council, new headquarters in New York City, executives named to Top 50 Women in Fintech and more.

    About Crowd Street
    Crowd Street empowers its members to reach their financial goals through self-directed private market investments. The platform offers a carefully selected marketplace of alternative investment opportunities that have historically only been available to a small group of people. In addition to providing advanced tools, research, and insights to help investors confidently explore these exclusive opportunities, Crowd Street is also building a member experience rooted in trust and experience, further bridging the gap between investment opportunities and true financial wealth. For more information, visit https://www.crowdstreet.com/.

    Media Contact
    LaunchSquad
    CrowdStreet@launchsquad.com

    1)   The Investment Association, Private Markets: A Briefing from The Investment Association, March 2024

    CrowdStreet, Inc. (“Crowd Street”) offers investment opportunities and financial services on its website. Broker dealer services provided in connection with an investment are offered through CrowdStreet Capital LLC (“Crowd Street Capital”), a registered broker dealer, Member FINRA/SIPC. Advisory services are offered through CrowdStreet Advisors, LLC (“Crowd Street Advisors”), a wholly-owned subsidiary of Crowd Street and a federally registered investment adviser. Investment opportunities available through Crowd Street are speculative and involve substantial risk. You should not invest unless you can sustain the risk of loss of capital, including the risk of total loss of capital. All investors should consider their individual factors in consultation with a professional advisor of their choosing when deciding if an investment is appropriate.

    The MIL Network –

  • MIL-OSI: Riot Announces Second Quarter 2025 Earnings Conference Call

    Source: GlobeNewswire (MIL-OSI)

    CASTLE ROCK, Colo., July 17, 2025 (GLOBE NEWSWIRE) — Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), a Bitcoin-driven industry leader in the development of large-scale data centers for high performance compute and bitcoin mining applications, announced today that it has scheduled its second quarter 2025 earnings conference call for Thursday, July 31, 2025, at 4:30 P.M. EST. During the call, Riot will discuss the results for the quarter ended June 30, 2025.

    This conference call will be available through the audio-only webcast, please use this link here to register. Participants who choose to dial into the call in the United States or internationally, please use this link here to register. A replay of the webcast will be available after the call ends, through this link.

    About Riot Platforms, Inc.   
       

    Riot’s (NASDAQ: RIOT) vision is to be the world’s leading Bitcoin-driven infrastructure platform. Our mission is to positively impact the sectors, networks, and communities that we touch. We believe that the combination of an innovative spirit and strong community partnership allows the Company to achieve best-in-class execution and create successful outcomes.   
      
    Riot is a Bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. The Company has Bitcoin mining operations in central Texas and Kentucky, and electrical engineering and fabrication operations in Denver, Colorado, and Houston, Texas.

    For more information, visit www.riotplatforms.com.   
       
    Safe Harbor   

    Statements in this press release that are not historical facts are forward-looking statements that reflect management’s current expectations, assumptions, and estimates of future performance and economic conditions. Such statements rely on the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as “anticipates,” “believes,” “plans,” “expects,” “intends,” “will,” “potential,” “hope,” similar expressions and their negatives are intended to identify forward-looking statements. These forward-looking statements may include, but are not limited to, statements relating to the Company’s development at its Corsicana Facility and the Company’s plans, projections, objectives, expectations, and intentions about future events and trends that it believes may affect the Company’s financial condition, results of operations, business strategy, short-term and long-term business operations and objectives and financial needs. These forward-looking statements are subject to a number of risks and uncertainties, including, without limitation: risks related to the Company’s growth, the anticipated demand for AI/HPC uses, the feasibility of developing the Company’s power capacity for AI/HPC uses, competition in the markets in which the Company operates, market growth, the Company’s ability to innovate and expand into new markets, the Company’s ability to realize benefits from its implementation of new strategies into its business, estimates of Bitcoin production; our future hash rate growth (EH/s); the anticipated benefits, construction schedule, and costs associated with the development of our mining facilities in Texas, Kentucky and elsewhere; our expected schedule of new miner deliveries; our access to electrical power; the impact of weather events on our operations and results; our ability to successfully deploy new miners; the variance in our mining pool rewards may negatively impact our results of Bitcoin production; our megawatt capacity under development; risks related to the Company’s inability to realize the anticipated benefits from immersion cooling; the inability to integrate acquired businesses successfully, or such integration may take longer or be more difficult, time-consuming or costly to accomplish than anticipated; or the failure of the Company to otherwise realize anticipated efficiencies and strategic and financial benefits from our business strategies. Detailed information regarding the factors identified by the Company’s management which they believe may cause actual results to differ materially from those expressed or implied by such forward-looking statements in this press release may be found in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”), including the risks, uncertainties and other factors discussed under the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and the other filings the Company makes with the SEC, copies of which may be obtained from the SEC’s website, www.sec.gov. All forward-looking statements included in this press release are made only as of the date of this press release, and the Company disclaims any intention or obligation to update or revise any such forward-looking statements to reflect events or circumstances that subsequently occur, or of which the Company hereafter becomes aware, except as required by law. Persons reading this press release are cautioned not to place undue reliance on such forward-looking statements.   
      
    Investor Contact:   
    Phil McPherson   
    303-794-2000 ext. 110   
    IR@Riot.Inc   
      
    Media Contact:   
    Alexis Brock   
    303-794-2000 ext. 118    
    PR@Riot.Inc   

    The MIL Network –

  • MIL-OSI: Traliant launches TikTok-inspired microlearning to boost soft skills at work

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 17, 2025 (GLOBE NEWSWIRE) — Traliant, a leader in online compliance training, today announced the launch of Soft Skills Microlearning, a new series of short, high-impact courses designed to meet the growing demand for essential soft skills in today’s fast-paced work environment.

    Inspired by the format of TikTok and Instagram Reels, Traliant’s Soft Skills Microlearning courses deliver practical, relatable lessons in under 2 minutes – empowering employees to build core skills in communication, collaboration, time management and emotional intelligence that are crucial for organizational success.

    “When individuals at all levels commit to strengthening core soft skills, the results are better decisions, stronger teams, and more impactful outcomes,” said Casey Heck, Senior Vice President of Human Resources at Traliant.

    While soft skills are critical, most learning solutions struggle to deliver them in a way that’s fast, flexible and engaging – leading to low engagement, training fatigue and persistent skills gaps.

    Traliant’s bite-sized microlearning approach helps bridge this gap by making training easier to access, quicker to complete and more likely to stick. By mirroring the social media experience employees already know and enjoy, the courses drive higher engagement without disrupting the workday.

    Each microlearning course is designed to fit seamlessly into busy schedules – whether during a commute, between meetings or while grabbing a coffee – making it easier to build and reinforce essential soft skills without pulling employees away from their priorities.

    Traliant’s Soft Skills Microlearning covers ten foundational topics:

    • Writing Effectively
    • Communicating with Confidence
    • Active Listening with Empathy
    • Handling Difficult Conversations
    • Giving Constructive Feedback
    • Decision-Making
    • Project Management
    • Emotional Intelligence
    • Teamwork for Remote Work
    • Time Management Skills

    Organizations can also customize existing courses or create new microlearning content. Whether it’s responsible social media use, return-to-office conversations or other timely topics, Traliant’s rapid development capabilities make it fast and cost-effective to deliver targeted training that aligns with each organization’s unique needs.

    To learn more about Traliant Soft Skills Microlearning, visit: https://www.traliant.com/.

    About Traliant
    Traliant, a leader in compliance training, is on a mission to help make workplaces better, for everyone. Committed to a customer promise of “compliance you can trust, training you will love,” Traliant delivers continuously compliant online courses, backed by an unparalleled in-house legal team, with engaging, story-based training designed to create truly enjoyable learning experiences.
      
    Traliant supports over 14,000 organizations worldwide with a library of curated essential courses to broaden employee perspectives, achieve compliance and elevate workplace culture, including sexual harassment training, inclusion training, code of conduct training, and many more.  
      
    Backed by PSG, a leading growth equity firm, Traliant holds a coveted position on Inc.’s 5000 fastest-growing private companies in America for four consecutive years, along with numerous awards for its products and workplace culture. For more information, visit http://www.traliant.com and follow us on LinkedIn.

    Contact
    Reagan Bennet
    traliant@v2comms.com

    The MIL Network –

  • MIL-OSI: Seize the ETH Bull Market: GoldenMining Launches ETH-Focused Cloud Mining Contracts offers a Stable Return of $9,700 Per Day

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 17, 2025 (GLOBE NEWSWIRE) — GoldenMining, a global cloud mining platform, has officially launched a new suite of Ethereum (ETH)-focused cloud mining contracts designed to help crypto holders generate stable daily returns without needing hardware, technical expertise, or market timing.

    This announcement comes as Ethereum pushes above $3,400, fueled by the recent approval of ETH spot ETFs and a surge in institutional capital. With ETH forecasted to reach $6,500 by year-end, GoldenMining’s new contract offerings provide an accessible alternative to speculation—enabling users to activate contracts directly with ETH and earn up to $9,700 daily in mining income.

    Smarter Income for ETH Investors

    Rather than navigating market volatility, GoldenMining users can now convert their ETH holdings into an active income stream. Once a user signs a contract using ETH or other supported cryptocurrencies, the platform deploys professional mining infrastructure on their behalf. Users receive daily mining rewards credited automatically to their accounts, allowing them to benefit from Ethereum’s growth while minimizing risk.

    “We’re excited to launch these ETH-specific mining contracts at a time when the market is seeing exponential activity,” said a spokesperson at GoldenMining. “Our goal is to simplify mining access for everyone—especially during this historic phase of Ethereum’s evolution.”

    ETH Contract Options and Returns

    contract Investment Amount Contract Rewards Total income
    Daily Sign-in Rewards $15 $0.6 $15.6
    New User Contract  $100 $3 $106
    Bitmain S23 Hyd $650 $42.25 $692.25
    AntminerL917GH $1800   $287.28 $2087.28
    L916GH $4500  $1890 $6390
    ElphaPex DG Hydro1 $7800 $3346 $11146
    Elphapex DG2 $12000 $8100 $20100

    Security and Simplicity

    All contracts are fully managed by GoldenMining’s professional operations team. There’s no need to set up hardware, manage electricity costs, or handle technical maintenance. Security is ensured through SSL encryption, AIG-backed investment insurance, and fund custody via first-tier financial institutions.

    New users receive a $15 upon registration to test the mining system without any upfront deposit. Supported cryptocurrencies for deposits include ETH, BTC, XRP, DOGE, USDC, and SOL.

    How to Get Started

    1. Register and Get $15 Instantly
     No fees or deposits required. New users receive a free $15 contract to test the platform’s mining system and begin earning within 24 hours.

    2. Choose a Cloud Mining Contract
    Fund your account using ETH or other supported cryptocurrencies such as BTC, XRP, USDC, SOL, or DOGE. Select from various contract options based on your budget and risk preference.

    3. Start Earning Automatically
    Once activated, the contract begins generating daily ETH income. Earnings can be withdrawn or reinvested at any time.

    4. Security and Insurance
    All user funds are stored securely in first-tier banking institutions. SSL encryption protects user data, and investments are insured by AIG Insurance, ensuring top-tier financial security.

    About GoldenMining

    Based in London, GoldenMining is a globally recognized cloud mining platform dedicated to making digital asset mining simple, secure, and profitable. Through high-performance mining centers and user-focused design, the company empowers crypto holders to generate consistent income, regardless of market volatility.

    For more information, visit www.GoldenMining.com or contact info@GoldenMining.com for business cooperation.

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

    The MIL Network –

  • MIL-OSI: Farmers & Merchants Bancorp (FMCB) Reports Record Second Quarter 2025 Earnings

    Source: GlobeNewswire (MIL-OSI)

    Second Quarter 2025 Highlights

    • Net income of $23.1 million, an increase of $1.3 million or 5.9% compared to the second quarter of 2024;
    • Basic earnings per share of $33.06 and diluted earnings per share of $32.94; diluted earnings per share up 12.1% compared to the second quarter of 2024;
    • Diluted earnings per share of $126.87 over the trailing twelve months, up 7.8% compared to $117.73 over the same trailing period a year ago and 15.2% compared to $110.10 for the same period two years ago;
    • Tangible book value per share increased 9.7% to $835.33 compared to $761.62 as of June 30, 2024;
    • Achieved a return on average assets of 1.65% and a return on average equity of 15.09%;
    • Net interest income of $53.9 million, up $3.1 million or 6.1% compared to $50.8 million in the second quarter of 2024; net interest margin (tax equivalent basis) of 4.07%, up from 3.91% in the second quarter of 2024;
    • Continued cost discipline resulted in an efficiency ratio of 44.88%;
    • Liquidity position remains strong with $291.8 million in cash, $1.3 billion in investment securities, of which $573.0 million are available-for-sale, no borrowings and a borrowing capacity of $2.1 billion as of June 30, 2025;
    • Continued to grow our solid capital position with a preliminary total risk-based capital ratio of 15.35%, common equity tier 1 ratio of 13.87%, tier 1 leverage ratio of 11.18% and a tangible common equity ratio of 11.08%;
    • Credit quality remains resilient with an allowance for credit losses on loans and leases of 2.09%; net charge-off ratio of 0.02% for the quarter and no non-accrual loans or leases at quarter-end.

    LODI, Calif., July 17, 2025 (GLOBE NEWSWIRE) — Farmers & Merchants Bancorp (OTCQX: FMCB) (the “Company” or “FMCB”), the parent company of Farmers & Merchants Bank of Central California (the “Bank” or “F&M Bank”), reported record second quarter net income of $23.1 million, or $32.94 per diluted common share for the second quarter of 2025 compared with $21.8 million, or $29.39 per diluted common share, for the second quarter of 2024 and $23.0 million, or $32.86 per diluted common share for the first quarter of 2025. Annualized return on average assets was 1.65% and return on average equity was 15.09% for the second quarter of 2025 compared with 1.58% and 15.33% for the second quarter of 2024, and 1.70% and 15.65% for the first quarter of 2025. The expense efficiency ratio for second quarter was 44.88% down from 45.77% for the second quarter of 2024 and up from 43.86% for the first quarter of 2025.

    Net income over the trailing twelve months was $90.0 million compared with $87.9 million for the same trailing period a year earlier. Diluted earnings per share over the trailing twelve months totaled $126.87, up 7.8% compared with $117.73 for the same trailing period a year ago and $110.10 for the same period two years ago. Basic earnings per share over the trailing twelve months totaled $127.01, up 7.9% compared with $117.73 for the same trailing period a year ago and $110.10 for the same period two years ago.

    During the quarter, the Company declared a mid-year cash dividend of $9.30 per share totaling $6.5 million, a 5.7% increase over the $8.80 per share mid-year dividend paid in 2024. The Company has now paid a cash dividend for 90 consecutive years and has increased the cash dividend for 60 consecutive years. Farmers and Merchants Bancorp is a member of a select group of only 55 publicly traded companies referred to as “Dividend Kings,” and is ranked 17th in that group. On July 1, 2025, Sure Dividend released their top-ranked Dividend Kings, based on expected returns over the next five years and ranked Farmers & Merchants Bancorp #5 on this prestigious list.

    CEO Commentary

    Kent Steinwert, Farmers & Merchants Bancorp’s Chairman, President and Chief Executive Officer, stated, “We are very pleased with the Company’s financial performance in the second quarter of 2025, highlighted by record second quarter net income of $23.1 million, a return on average assets of 1.65%, and a return on average equity of 15.09%. Net income for the first six-months of 2025 of $46.1 million is the best performing six-month period in the history of the Company. We achieved these impressive results while continuing to maintain a strong liquidity position and balance sheet at quarter end with $291.8 million in cash, $1.3 billion in investment securities, of which $573.0 million are available-for-sale, no borrowings and access to $2.1 billion in borrowing capacity, while maintaining a conservative loan-to-deposit ratio of 76.38%. Capital levels continue to strengthen and are significantly above the regulatory thresholds for “well-capitalized” banks. Total deposits increased $61.2 million, or 1.3% to $4.8 billion at June 30, 2025 compared to December 31, 2024, as we continued our focus on growing deposits with our longstanding client relationships and developing new client relationships. Gross loans and leases were $3.6 billion at the end of the second quarter, up $40.3 million or 1.1% from March 31, 2025 and down $54.4 million or 1.5% from December 31, 2024. The increase in the second quarter was due to increased loan demand while the decrease in the first quarter was partially due to some seasonality in agricultural lending as well as our continued conservative approach in underwriting given the yield curve, which continues to not price in duration risk for loans and leases beyond three years. Credit quality remains solid as we continue to work closely with our borrowers while they work through the current economic cycle, particularly in a few agricultural products adversely impacted by negative conditions in the export market. Our Company remains in excellent financial condition, continues to perform at a high-level and is well positioned to navigate the challenges ahead as we have for the past 109 years.”

    Mr. Steinwert continued, “I am pleased to announce that Bank Director Magazine just released their annual ranking of the top performing banks for 2024 and Farmers & Merchants Bancorp was ranked the #3 bank in the nation across all asset categories. This follows our #2 ranking for 2023 and #1 ranking for 2022. Bank Director’s recognition of our performance over the last three years validates the success of our strategy and commitment to our clients, employees, shareholders and communities.”

    Earnings

    Net interest income for the quarter ended June 30, 2025 was $53.9 million compared with $50.8 million in the same quarter in 2024 and $53.1 million in the first quarter of 2025. Net interest income for the six-months ended June 30, 2025 was $107.0 million, an increase of $4.5 million, or 4.4%, when compared with the $102.5 million for the same period in 2024. The Company’s net interest margin increased to 4.13% for the six-months ended June 30, 2025 compared with 4.02% for the same period in 2024.  The increase in the net interest margin was driven primarily by a decrease in deposit costs. Tangible book value per share increased to $835.33 at June 30, 2025, up 9.7% compared with $761.62 a year ago.

    Balance Sheet

    Total assets at quarter-end were $5.5 billion, up from $5.4 billion as of December 31, 2024. Total cash and cash equivalents were $291.8 million, an increase of $79.2 million from December 31, 2024 and a decrease of $315.5 million compared to March 31, 2025, primarily due to the repayment of brokered deposits. Total loans and leases outstanding were $3.6 billion, a decrease of $54.4 million or 1.5% from December 31, 2024, but an increase of $40.3 million or 1.1% from March 31, 2025. As of June 30, 2025, our total investment securities portfolio was $1.3 billion, an increase of $88.0 million from December 31, 2024 and an increase of $66.6 million from March 31, 2025. The portfolio is comprised of $573.0 million in available-for-sale securities and $748.9 million in held-to-maturity securities. Total deposits decreased $217.6 million to $4.76 billion compared to March 31, 2025, due to the repayment of all brokered deposits of $250.0 million during the quarter. Excluding the brokered deposits, total deposits increased $32.4 million, or 0.7% in the second quarter from March 31, 2025, and increased $61.2 million or 1.3% from December 31, 2024. Our loan to deposit ratio was 76.38% as of June 30, 2025, down from 78.53% as of December 31, 2024, due to an increase in total deposits and a modest decrease in total loans and leases.

    Credit Quality

    The Company’s credit quality remained solid with no non-accrual loans and leases as of June 30, 2025 and a negligible delinquency ratio of 0.03% of total loans and leases. Net charge-offs were 0.02% of average loans and leases for both the second quarter of 2025 and for the first half of 2025 compared to minor net recoveries for the comparative periods in 2024. Net charge-offs over the trailing twelve months were 0.04% of average total loans and leases. The total allowance for credit losses on loans and leases as well as unfunded commitments was $79.0 million as of June 30, 2025 compared to $78.1 million as of March 31, 2025. The allowance for credit losses on loans and leases increased by $0.8 million to $76.2 million, or 2.09% as of June 30, 2025 compared with $75.4, million or 2.10% as of March 31, 2025. A provision of $1.4 million was recorded during the second quarter of 2025 compared to no provision during the second quarter of 2024. The provision totaled $1.7 million for the first six-months of 2025 compared to no provision in the first six-months of 2024.

    Capital

    The Company’s and Bank’s regulatory capital ratios continued to strengthen during the second quarter of 2025. The growth in capital was driven by net income of $23.1 million offset by stock repurchases of $5.3 million and dividends paid of $6.8 million. The Company repurchased 4,546 shares during the quarter, reducing total outstanding shares to 725,367. As of June 30, 2025, there remains $14.7 million authorized for repurchases under the board-approved repurchase plan. At June 30, 2025, the Company’s preliminary total risk-based capital ratio was 15.35% and the common equity tier 1 capital ratio was 13.87%, an increase from 15.23% and 13.75% as of March 31, 2025, respectively. At June 30, 2025, the Company’s tier 1 leverage capital ratio was 11.18%, a decrease from 11.32% as of March 31, 2025, as a result of higher average assets. At June 30, 2025, all F&M Bank capital ratios exceeded the regulatory requirements to be classified as “well-capitalized.” At June 30, 2025, the tangible common equity ratio was 11.08%, up from 10.72% as of June 30, 2024.

    About Farmers & Merchants Bancorp

    Farmers & Merchants Bancorp, trades on the OTCQX under the symbol FMCB, and is the parent company of Farmers & Merchants Bank of Central California, also known as F&M Bank. Founded in 1916, F&M Bank is a locally owned and operated community bank, which proudly serves California through 33 convenient locations. F&M Bank is financially strong, with $5.5 billion in assets, and is consistently recognized as one of the nation’s safest banks by national bank rating firms. The Bank has maintained a 5-Star rating from BauerFinancial for 35 consecutive years, longer than any other commercial bank in the State of California.

    Farmers & Merchants Bancorp has paid dividends for 90 consecutive years and has increased dividends for 60 consecutive years. As a result, Farmers & Merchants Bancorp is a member of a select group of only 55 publicly traded companies referred to as “Dividend Kings,” and is ranked 17th in that group based on consecutive years of dividend increases. A “Dividend King” is a stock with 50 or more consecutive years of dividend increase.

    In July 2025, Farmers & Merchants Bancorp was named by Bank Director’s Magazine as the #3 best performing bank in the nation across all asset categories in their annual “Ranking Banking” study of the top performing banks for 2024. In July 2024, Farmers & Merchants Bancorp was named by Bank Director’s Magazine as the #2 best performing bank in the nation across all asset categories in their annual “Ranking Banking” study of the top performing banks for 2023. In July 2023, the Bank was named by Bank Director’s Magazine as the #1 best performing bank in the nation across all asset categories in their annual “Ranking Banking” study of the top performing banks for 2022.

    In April 2024, F&M Bank was ranked 6th on Forbes Magazine’s list of “America’s Best Banks” in 2023. Forbes’ annual “America’s Best Banks” list looks at ten metrics measuring growth, credit quality, profitability, and capital for the 2023 calendar year, as well as stock performance in the 12 months through March 18, 2024.

    In December 2023, F&M Bank was ranked 4th on S&P Global Market Intelligence’s “Top 50 List of Best-Performing Community Banks” in the US with assets between $3.0 billion and $10.0 billion for 2023. S&P Global Market Intelligence ranks financial institutions based on several key factors including financial returns, growth, and balance sheet risk profile.

    In October 2021, F&M Bank was named the “Best Community Bank in California” by Newsweek magazine. Newsweek’s ranking recognizes those financial institutions that best serve their customers’ needs in each state. This recognition speaks to the superior customer service the F&M Bank team members provide to its clients.

    F&M Bank is the 18th largest bank lender to agriculture in the United States. F&M Bank operates in the mid-Central Valley of California, including Sacramento, San Joaquin, Solano, Stanislaus, and Merced counties and the east region of the San Francisco Bay Area, including Napa, Alameda and Contra Costa counties.

    F&M Bank was inducted into the National Agriculture Science Center’s “Ag Hall of Fame” at the end of 2021 for providing resources, financial advice, guidance, and support to the agribusiness communities as well as to students in the next generation of agribusiness workforce. F&M Bank is dedicated to helping California remain the premier agricultural region in the world and will continue to work with the next generation of farmers, ranchers, and processors. F&M Bank remains committed to servicing the needs of agribusiness in California as has been the case since its founding over 109 years ago.

    F&M Bank offers a full complement of loan, deposit, equipment leasing and treasury management products to businesses, as well as a full suite of consumer banking products. The FDIC awarded F&M Bank the highest possible rating of “Outstanding” in their last Community Reinvestment Act (“CRA”) evaluation.

    Forward-Looking Statements

    This press release may contain certain forward-looking statements that are based on management’s current expectations regarding the Company’s financial performance. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as “believe,” “expect,” “intend,” “estimate” or words of similar meaning, or future or conditional verbs such as “will,” “would,” “should,” “could” or “may.” Forward-looking statements in this press release include, without limitation, statements regarding loan and deposit production levels of net interest margin, the ability to control costs and expenses, the competitive environment, financial and regulatory policies of the United States government, general economic conditions, inflation, recessions, tariffs, economic uncertainty in the United States, and changes in interest rates. Forward-looking statements in this earnings release include matters that involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from results expressed or implied by such forward-looking statements. Such risk factors include, among others: the effects of and changes in monetary and fiscal policies, including the interest rate policies of the Federal Reserve Board and their effects on inflation risk; political and economic uncertainty, including any decline in global, domestic or local economic conditions or the stability of credit and financial markets; and other relevant risks detailed in the Company’s Form 10-K, Form 10-Qs, and various other securities law filings made periodically by the Company, copies of which are available from the Company’s website. All such factors are difficult to predict and are beyond the Company’s ability to control or predict. There also may be additional risks that the Company does not presently know, or that the Company currently believes to be immaterial, that could also cause actual results to differ materially and adversely from those contained in these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or circumstances after the date of this press release or otherwise, except as may be required by applicable law.

    For more information about Farmers & Merchants Bancorp and F&M Bank, visit fmbonline.com.

    Investor Relations Contact
    Farmers & Merchants Bancorp
    Bart R. Olson
    Executive Vice President and Chief Financial Officer

    Phone: 209-367-2485
    bolson@fmbonline.com

                             
    FINANCIAL HIGHLIGHTS                        
          Three-Months Ended     Six-Months Ended
    (dollars in thousands, except per share amounts)     June 30, 2025   March 31, 2025   June 30, 2024     June 30, 2025   June 30, 2024
    Earnings and Profitability:                        
    Interest income     $ 70,061     $ 67,138     $ 69,831       $ 137,199     $ 136,472  
    Interest expense       16,193       13,997       19,050         30,190       33,978  
    Net interest income       53,868       53,141       50,781         107,009       102,494  
    Provision for credit losses       1,400       300       –         1,700       –  
    Noninterest income       5,519       5,021       4,767         10,540       9,842  
    Noninterest expense       26,651       25,509       25,422         52,160       50,943  
    Income before taxes       31,336       32,353       30,126         63,689       61,393  
    Income tax expense       8,281       9,344       8,359         17,625       16,903  
    Net income     $ 23,055     $ 23,009     $ 21,767       $ 46,064     $ 44,490  
                             
    Basic earnings per share     $ 33.06     $ 32.88     $ 29.39       $ 65.94     $ 59.95  
    Diluted earnings per share     $ 32.94     $ 32.86     $ 29.39       $ 65.80     $ 59.95  
    Weighted Average Shares Outstanding – Basic       697,332       699,736       740,752         698,527       742,150  
    Weighted Average Shares Outstanding – Diluted       699,852       700,215       740,752         700,102       742,150  
    Return on average assets       1.65 %     1.70 %     1.58 %       1.67 %     1.65 %
    Return on average equity       15.09 %     15.65 %     15.33 %       15.37 %     15.82 %
    Loan yield       6.08 %     6.07 %     6.13 %       6.07 %     6.11 %
    Cost of average total deposits       1.31 %     1.17 %     1.51 %       1.25 %     1.39 %
    Net interest margin – tax equivalent       4.07 %     4.20 %     3.91 %       4.13 %     4.02 %
    Effective tax rate       26.43 %     28.88 %     27.75 %       27.67 %     27.53 %
    Efficiency ratio       44.88 %     43.86 %     45.77 %       44.37 %     45.35 %
    Book value per share     $ 852.72     $ 825.18     $ 779.40       $ 852.72     $ 779.40  
    Tangible book value per share     $ 835.33     $ 843.33     $ 761.62       $ 835.33     $ 761.62  
                             
    Balance Sheet:                        
    Total assets     $ 5,478,773     $ 5,680,024     $ 5,267,485       $ 5,478,773     $ 5,267,485  
    Cash and cash equivalents       291,752       607,254       295,936         291,752       295,936  
    of which held at Fed       178,999       515,758       225,676         178,999       225,676  
    Total investment securities       1,321,812       1,255,204       1,046,210         1,321,812       1,046,210  
    of which available-for-sale       572,951       495,433       251,413         572,951       251,413  
    of which held-to-maturity       748,861       759,771       794,797         748,861       794,797  
    Gross loans and leases       3,635,831       3,595,511       3,692,237         3,635,831       3,692,237  
    Allowance for credit losses – loans and leases       76,169       75,423       74,432         76,169       74,432  
    Total deposits       4,760,364       4,977,968       4,597,055         4,760,364       4,597,055  
    Subordinated debentures       10,310       10,310       10,310         10,310       10,310  
    Total shareholders’ equity     $ 618,532     $ 602,306     $ 576,220       $ 618,532     $ 576,220  
                             
    Loan-to-deposit ratio       76.38 %     72.23 %     80.32 %       76.38 %     80.32 %
    Percentage of checking deposits to total deposits       49.23 %     50.79 %     48.60 %       49.23 %     48.60 %
                             
    Capital ratios (Bancorp) (1)                        
    Common equity tier 1 capital to risk-weighted assets       13.87 %     13.75 %     13.09 %       13.87 %     13.09 %
    Tier 1 capital to risk-weighted assets       14.09 %     13.97 %     13.32 %       14.09 %     13.32 %
    Risk-based capital to risk-weighted assets       15.35 %     15.23 %     14.58 %       15.35 %     14.58 %
    Tier 1 leverage capital ratio       11.18 %     11.32 %     10.66 %       11.18 %     10.66 %
    Tangible common equity ratio (2)       11.08 %     10.40 %     10.72 %       11.08 %     10.72 %
                             
    (1) Capital information is preliminary for June 30, 2025                        
    (2) Non-GAAP measurement                        
                             
    Non-GAAP measurement reconciliation:                        
                             
    (Dollars in thousands)     June 30, 2025   March 31, 2025   June 30, 2024          
                             
    Shareholders’ equity     $ 618,532     $ 602,306     $ 576,220            
    Less: Intangible assets       12,609       12,740       13,145            
    Tangible common equity     $ 605,923     $ 589,566     $ 563,075            
                             
    Total assets     $ 5,478,773     $ 5,680,024     $ 5,267,485            
    Less: Intangible assets       12,609       12,740       13,145            
    Tangible assets     $ 5,466,164     $ 5,667,284     $ 5,254,340            
                             
    Tangible common equity ratio (1)       11.08 %     10.40 %     10.72 %          
                             
    (1) Tangible common equity divided by tangible assets                        

    The MIL Network –

  • MIL-OSI: Ataccama brings AI to data lineage to help business users understand and trust their data

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, July 17, 2025 (GLOBE NEWSWIRE) — Ataccama, the data trust company, today announced the release of Ataccama ONE v16.2, the latest version of its unified data trust platform. This release makes it easier for business users to understand how data moves and changes across systems without writing a single line of SQL. With intuitive, compact lineage views and improved performance, teams can make better decisions with greater confidence and speed.

    Most business teams can’t see where their data comes from or how it has been changed. Instead, they rely on technical experts to explain the logic behind key metrics, which slows decision-making and exposes organizations to unnecessary risk. Forrester reports that only 20% of business decision-makers are self-sufficient with analytics tools. The result is a persistent trust gap that makes it harder to govern data, scale analytics, or move at the speed business demands. 

    Ataccama closes that gap by turning complex data logic into plain language. Business users can now trace a data point’s origin and understand how it was profiled or flagged without relying on IT. Ataccama shows how data flows through systems and provides plain-language descriptions of the steps behind every number. For example, in a financial services setting, a data steward can immediately see how a risk score was derived or how a flagged transaction passed through a series of enrichment and quality checks. That kind of visibility shortens reviews, streamlines audits, and gives business teams the confidence to act on the data in front of them.

    “We’re seeing enterprise data projects increasingly kick off in the business, not just in IT, and that changes everything,” said Jessica Smith, VP of Data Quality at Ataccama. “The teams driving these initiatives need to understand where the data comes from, how it’s changed, and whether it can be trusted. That’s why we’ve focused on making complex data processes, like profiling, quality checks, and lineage, clear and usable to everyone. Because if data is going to scale across the business, it has to work for the people who are using it.”

    Ataccama strengthens day-to-day governance and lays the groundwork for more scalable, compliant AI initiatives. Key features include:

    • AI-powered data lineage. Automatically generates readable descriptions of how data was transformed both upstream and downstream, clarifying filters, joins, and calculations, so business users can understand the logic behind each dataset without reading SQL.
    • Compact lineage diagrams. Presents a simplified, high-level view of data flows with the option to drill into details on demand. This makes it easier to identify issues, answer audit questions, and align stakeholders on how data flows through the organization.
    • Edge processing for secure lineage. Enables metadata extraction from on-prem or restricted environments without moving sensitive data to the cloud. Organizations can maintain compliance, minimize risk, and still get full visibility into their data pipelines, regardless of where the data lives.
    • Expanded pushdown support and performance enhancements. Users can now execute profiling and data quality workloads in pushdown mode for BigQuery and Azure Synapse, minimizing data movement and improving performance for large-scale workloads. The release also includes volume support for Databricks Unity Catalog, further optimizing execution within modern cloud platforms. 

    Ataccama ONE v16.2 data trust platform is available immediately. To learn how to simplify data lineage and drive clarity for both business and IT, watch the webinar. 

    About Ataccama

    Ataccama is the data trust company. Organizations worldwide rely on Ataccama ONE, the unified data trust platform, to ensure data is accurate, accessible, and actionable. By integrating data quality, lineage, observability, governance, and master data management into a single solution, Ataccama enables businesses to unlock value from their data for AI, analytics, and operations. Trusted by global enterprises, Ataccama helps organizations drive innovation, reduce costs, and mitigate risk. Recognized as a Leader in the 2025 Gartner Magic Quadrant for Augmented Data Quality and the 2025 Magic Quadrant for Data and Analytics Governance, Ataccama continues to set the standard for trusted data at scale. Learn more at www.ataccama.com.

    Media contact 
    press@ataccama.com

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  • MIL-OSI: Ozak AI Enters Stage Four of Presale, Surpasses $1.36M Raised as Ethereum Holds $3,200

    Source: GlobeNewswire (MIL-OSI)

    Source: Ozak AI

    ROAD TOWN, British Virgin Islands, July 17, 2025 (GLOBE NEWSWIRE) — With Ethereum maintaining its position above the $3,200 mark, emerging infrastructure projects like Ozak AI, are gaining increased attention from investors and developers alike. Today, Ozak AI officially announced it has entered stage four of its ongoing token presale, with over 32.7 million tokens sold and more than $1.36 million raised to date.

    Ozak AI is building a decentralized prediction and automation layer powered by real-time AI and blockchain architecture. With momentum building, the fourth presale round is currently offering the platform’s native token, $OZ, at $0.005. The next stage, priced at $0.01, is expected to launch in the coming weeks as demand continues to rise.

    Ethereum Remains Steady as Investors Explore Infrastructure Plays

    According to independent chart analysis by Mister Crypto, Ethereum is holding firm above the $3,200 level after a recent breakout. Market sentiment remains cautiously optimistic, creating an opening for infrastructure projects with real-world integration potential.

    “Ozak AI is capitalizing on current market conditions by offering an alternative layer of intelligence to decentralized systems,” said a company spokesperson. “The positive presale reception reflects a growing appetite for scalable, AI-enhanced blockchain platforms.”

    Source: Mister Crypto (X)

    DePIN Architecture and the Ozak Stream Network (OSN)

    Ozak AI is built on a DePIN (Decentralized Physical Infrastructure Network) architecture that leverages IPFS and distributed nodes to deliver secure, real-time services for data processing and automation. The system’s backbone, Ozak Stream Network (OSN), supports dynamic prediction models, decentralized compute resources, and enterprise-grade integrations.

    Key components include:

    • Prediction Agent (PA): An autonomous module for analyzing structured and unstructured data across financial and business domains.
    • Smart Contract Governance: Tamper-proof, permissioned access enforced on-chain.
    • Scalable Node Distribution: Nodes are added dynamically based on user demand.

    Tokenomics and Roadmap

    The total supply of $OZ is capped at 10 billion, with allocation as follows:

    • 3 billion for presale
    • 3 billion for community growth
    • 2 billion for reserves
    • 1 billion for liquidity
    • 1 billion for team and advisors

    Ozak AI aims to list the token at $1.00 post-presale, representing a structured value path across rounds.

    In parallel with the presale, the project has also launched a $1 million rewards campaign, encouraging community participation through token holding and engagement-based tasks.

    About Ozak AI

    Ozak AI is a decentralized AI infrastructure protocol built to deliver predictive intelligence and automation for Web3 systems. Through its OSN and DePIN framework, it supports IoT integrations, algorithmic trading, and enterprise data pipelines with high reliability and distributed compute.

    More Information
    Website: https://ozak.ai/
    Twitter/X: https://x.com/OzakAGI
    Telegram: https://t.me/OzakAGI

    Contact Us:
    Andres Brinc
    media@ozak.ai

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

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    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7becfa2f-8fe5-44e0-bbf2-f1bc8b15b8e4

    https://www.globenewswire.com/NewsRoom/AttachmentNg/efd70e4e-3b31-4c44-ab8b-491179eeb981

    The MIL Network –