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Category: Business

  • MIL-OSI: Enterprises Gain Control Over LLM Oversharing with Prompt Security’s New GenAI Authorization Features

    Source: GlobeNewswire (MIL-OSI)

    • Prompt Security launches comprehensive Authorization features for enterprise GenAI applications, enabling granular, context-aware access control as queries are made
    • Addresses critical security gap in GenAI adoption by preventing unauthorized access to sensitive corporate data through AI apps and copilots
    • Delivers seamless integration with existing identity providers while maintaining productivity and user experience

    NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) — Prompt Security, a leader in generative AI (GenAI) security, today announced new Authorization features that transform how organizations manage and secure access to GenAI applications and organizational data. This innovative identity and context-based Authorization system addresses the critical challenge of protecting sensitive corporate data while enabling productive AI use across the enterprise, providing granular control over specific features and content within AI applications.

    In simple terms: when employees query AI tools like Copilot or any embedded AI application, they only see what they’re authorized to see. If they want to ask about the CEO’s salary or a colleague’s performance review, unless they have permission, they won’t get access.

    The Challenge of GenAI Authorization

    AI is becoming increasingly integrated into enterprise workflows and datasets through tools like Microsoft 365 Copilot, Google Gemini, custom internal AI applications and an array of tools with AI features like Notion AI, Salesforce AI Copilot or Jira.

    As these AI-enhanced products become an integral part of daily workflows, often without the awareness of security teams, organizations face unprecedented challenges in controlling access to sensitive information. This adds an extraordinary layer of complexity to authorization governance that current permission-based access systems cannot control, and introduces risks that GenAI tools can potentially expose confidential data through natural language interfaces.

    A comprehensive GenAI Security solution must protect organizations wherever their users interact with AI, regardless of platform or device. This is especially critical for authorization in native desktop applications, where LLMs are increasingly embedded and handling sensitive information. Prompt Security introduced the industry’s first lightweight desktop agent several months ago, bringing robust GenAI Security to native desktop tools like Copilot for 365. Today, we’re expanding these Authorization capabilities to cover every touchpoint where users engage with AI, ensuring consistent security and protection across all interactions.

    “Organizations have spent years building robust, permission-based access systems, and here comes AI and introduces a brand new challenge,” said Itamar Golan, CEO and co-founder of Prompt Security. “Employees can now simply ask AI to reveal sensitive information, like salary details or performance reviews, and LLMs may inadvertently comply. Our new Authorization features close this critical gap, ensuring AI applications respect existing security boundaries. This isn’t just about restricting access—it’s about empowering enterprises to embrace AI with confidence, knowing their sensitive data remains protected. We’re delivering the missing piece that enables organizations to maintain their security posture while fully harnessing AI’s transformative potential.”

    Comprehensive Authorization Capabilities

    The multi-layered Authorization system delivers enterprise-grade access control with real-time prevention of sensitive data exfiltration, contextual inspection of prompts and model responses and granular policy enforcement. Designed for simplicity and flexibility, it ensures robust security without complex integrations or invasive architectures.

    Key features include:

    • Contextual runtime authorization analyzing both user identity and request context
    • Granular, department-specific policies to enforce appropriate access permissions (e.g., marketing vs. finance), based on job functions and data privacy clearance
    • Deep integration with leading identity providers like Okta and Microsoft Entra
    • Real-time monitoring and enforcement with flexible redaction options, from full content blocking to selective data masking
    • Comprehensive audit logging for security compliance which can be integrated with existing SIEM solutions

    This streamlined approach enables organizations to manage tens of thousands of user groups efficiently while maintaining transparency, ease of configuration and security at scale.

    For more information on Prompt Security, visit our website https://www.prompt.security/.

    Watch a demo of Prompt Security’s New GenAI Authorization Features here.

    About Prompt Security

    Founded in August 2023, Prompt Security delivers a complete solution for all Generative AI security in the enterprise. Its platform supports millions of prompts and thousands of users every month. The founding team combines deep expertise in both cybersecurity and AI, with years of experience building and securing machine learning systems at organizations like Check Point, Orca Security and Israel’s elite intelligence unit 8200. Prompt Security’s CEO Itamar Golan was on the OWASP Top 10 for LLM Applications core team and Prompt Security’s CTO & co-founder Lior Drihem contributed to the project. The Prompt Security team of researchers has created proprietary LLMs and developed novel patent-pending techniques for detecting generative AI threats and addressing the associated risks.

    Media Contacts
    Chloe Amante
    Montner Tech PR
    camante@montner.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/40231ff5-7556-43e9-a248-d51eeebdfbc4

    The MIL Network –

  • MIL-OSI: GCM Grosvenor Expands Individual Investor Distribution Platform with Strategic Joint Venture

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, March 18, 2025 (GLOBE NEWSWIRE) — GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, today announced a strategic joint venture to establish a premier individual investor distribution platform focused on the registered investment advisor (RIA), independent broker-dealer, and family office channels. The initiative marks a strategic expansion of GCM Grosvenor’s capabilities, building on GCM Grosvenor’s strong brand and distribution platform success in the wirehouse channels, and enhancing its ability to serve the growing demand for alternative investments among individual investors.

    The joint venture, Grove Lane Partners, will be led by Ryan Chapman, an industry veteran with a track record of scaling alternative investment platforms for individual investors. Chapman previously held senior roles at Blackstone, where he was instrumental in developing and executing distribution strategies for private market solutions across the registered investment advisor (RIA), independent broker-dealer, and family office channels. His expertise spans product structuring, capital raising, and advisory education – critical elements for driving adoption of alternative strategies in the individual investor market.

    “This initiative represents a strategic expansion of our individual investor capabilities,” said Michael Sacks, Chairman and Chief Executive Officer at GCM Grosvenor. “As demand for alternative investments accelerates among individual investors, we are pleased to partner with Grove Lane Partners to expand our channel reach and position us to deliver institutional-quality solutions to a broader investor base.”

    “We are committed to equipping advisors with sophisticated alternative investment solutions from leading asset managers that can enhance portfolio diversification and long-term return potential,” said Ryan Chapman, President, Grove Lane Partners. “We are excited to partner with GCM Grosvenor given their extensive track record in alternative investments and their unwavering focus on client success.”

    This partnership aims to provide individual investors with exposure to institutional quality private alternative investments, managed by GCM Grosvenor and third-party managers. Interests in the GCM Grosvenor investment products are offered through GRV Securities LLC, a Delaware limited liability company registered with the Securities and Exchange Commission as a broker-dealer and a member of Financial Industry Regulatory Authority and Securities Investor Protection Corporation.

    GCM Grosvenor holds a minority interest in the joint venture today, with an option to acquire full ownership in the future.

    With its investment in Grove Lane Partners, GCM Grosvenor is strengthening its position as a leading provider of alternative investments across institutional and private wealth channels. For more information on GCM Grosvenor’s Individual Investor Solutions, please visit: www.gcmgrosvenor.com/individual-investor-solutions. For more information on Grove Lane Partners, please visit: www.GroveLanePartners.com.

    About GCM Grosvenor 

    GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $80 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies. The firm has specialized in alternatives for more than 50 years and is dedicated to delivering value for clients by leveraging its cross-asset class and flexible investment platform. The firm is registered with the Securities and Exchange Commission as an investment adviser.

    GCM Grosvenor’s experienced team of approximately 550 professionals serves a global client base of institutional and individual investors. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul and Sydney. For more information, visit: gcmgrosvenor.com.

    Media Contact 
    Tom Johnson and Abigail Ruck
    H/Advisors Abernathy 
    tom.johnson@h-advisors.global / abigail.ruck@h-advisors.global 
    212-371-5999 

    The MIL Network –

  • MIL-OSI: LyondellBasell and Covestro announce permanent closure of PO11 unit at Maasvlakte

    Source: GlobeNewswire (MIL-OSI)

    MAASSVLAKTE, Netherlands, March 18, 2025 (GLOBE NEWSWIRE) — LyondellBasell (LYB) and Covestro have jointly decided to permanently close the Propylene Oxide Styrene and Monomer (POSM) production unit (PO11) at the Maasvlakte site in the Netherlands. This decision comes after thorough and careful consideration and is driven by the continued pressure on Maasvlakte’s profitability due to global overcapacities, a strong increase of imports from Asia and high costs of European production. Unfortunately, this situation is expected to continue, so longer-term profitable production is not anticipated.

    “While the decision to shut down the PO11 unit is difficult, we must ensure all assets within our portfolio are a long-term strategic fit,” said Aaron Ledet, executive vice-president, I&D and Supply Chain. “We are prioritizing our core assets which play a key role in our technology differentiation and circularity or provide attractive returns over the cost of capital. We take our obligations toward our employees, European employee reps, councils and unions seriously. We have engaged with them in line with these obligations and will continue to do so. We would like to thank them for the constructive dialogue. We are also in communication with customers, suppliers and other parties across the value chain and will continue to do business as usual. There is no change to our working relationship, and we continue to focus on providing an exceptional customer and supplier experience.”

    “As part of our Sustainable Future Strategy, we’re continuously working to optimally position Covestro to be a reliable partner for our customers and to operate competitively in a challenging market environment,” said Hermann-Josef Dörholt, head of the Performance Materials Business Entity at Covestro. “Due to global overcapacities, persistently weak demand, and high costs in Europe, we have jointly decided with LYB to close the PO11 plant. We will support LYB in implementing this change as socially responsibly as possible. At the same time, we remain committed to the European market and will continue to supply customers with our renowned polyether polyols portfolio.”

    The Maasvlakte site, a joint venture between LYB and Covestro, has been operational in the Rotterdam region since 2003. Between now and the end of 2026, LYB will carry out a process to safely shut down and prepare for the demolition of the asset.

    In 2024, LYB announced a strategic review of European assets of its Olefins & Polyolefins (O&P) and Intermediates & Derivatives (I&D) business units. LYB has taken the next step in evaluating the option to seek alternative ownership for the O&P sites in the strategic assessment. At this time no decisions have been made and various outcomes remain possible.

    About LyondellBasell
    We are LyondellBasell (NYSE: LYB) ― a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors, and society. As one of the world’s largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. For more information, please visit www.lyondellbasell.com or follow @LyondellBasell on LinkedIn.

    About Covestro
    Covestro is one of the world’s leading manufacturers of high-quality polymer materials and their components. With its innovative products, processes and methods, the company helps enhance sustainability and the quality of life in many areas. Covestro supplies customers around the world in key industries such as mobility, building and living, as well as the electrical and electronics sector. In addition, polymers from Covestro are also used in sectors such as sports and leisure, telecommunications and health, as well as in the chemical industry itself.

    The company is geared completely to the circular economy. In addition, Covestro aims to achieve climate neutrality for its Scope 1 and Scope 2 emissions by 2035, and the Group’s Scope 3 emissions are also set to be climate neutral by 2050. Covestro generated sales of EUR 14.2 billion in fiscal year 2024. At the end of 2024, the company had 46 production sites worldwide and employed approximately 17,500 people (calculated as full-time equivalents).

    Media Inquiries LYB Global
    LyondellBasell Media Relations
    Phone: +1-713-309-7575
    Email: mediarelations@lyondellbasell.com

    Or:

    Media Inquiries LYB Europe
    Robert Kleissen, External Affairs Europe
    Phone: +31-6-273-573-98
    Email: robert.kleissen@lyondellbasell.com

    Media Inquiries Covestro
    Markus Kleine-Beck, Corporate Trade Media Relations
    Phone: +49-173-2320-686
    Email: markus.kleine-beck@covestro.com

    Svenja Paul, Corporate Media Relations
    Phone: +49-214-6009-2814
    Email: svenja.paul@covestro.com

    Forward-Looking Statements LYB
    The statements in this release relating to matters that are not historical facts are forward-looking statements. Actual results could differ materially based on factors including, but not limited to, our ability to align our asset base with our strategic goals; and our ability to safely shut the asset described down and conduct demolition. Additional factors that could cause results to differ materially from those described in the forward-looking statements can be found in the “Risk Factors” section of our Form 10-K for the year ended December 31, 2024, which can be found at www.LyondellBasell.com on the Investor Relations page and on the Securities and Exchange Commission’s website at www.sec.gov. There is no assurance that any of the actions, events or results of the forward-looking statements will occur, or if any of them do, what impact they will have on our results of operations or financial condition. Forward-looking statements speak only as of the date they were made and are based on the estimates and opinions of management of LyondellBasell at the time the statements are made. LyondellBasell does not assume any obligation to update forward-looking statements should circumstances or management’s estimates or opinions change, except as required by law.

    Forward-Looking Statements Covestro
    This news release may contain forward-looking statements based on current assumptions and forecasts made by Covestro AG. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Covestro’s public reports, which are available at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ab7935cb-361b-4c8f-82f7-81f1b6bcd387

    The MIL Network –

  • MIL-OSI: Exterro and Integreon Join Forces to Deliver the Gold Standard in Managed E-Discovery and Document Review Solutions

    Source: GlobeNewswire (MIL-OSI)

    FRISCO, Texas and AUSTIN, Texas, March 18, 2025 (GLOBE NEWSWIRE) — Exterro, Inc., the global leader in providing data risk management software solutions for e-discovery, digital forensics, and data privacy, security, and governance professionals, and Integreon, a leading global provider of tech-enabled legal solutions, today announced a strategic partnership delivering managed e-discovery and document review services.

    Together, the two industry leaders now provide enterprise customers with a best-in-class managed e-discovery solution that combines Exterro’s cutting-edge software with Integreon’s deep expertise in managed document review. By utilizing a comprehensive solution from Exterro and Integreon, organizations can effectively manage risk while enhancing efficiency, cost-effectiveness, and defensibility in their e-discovery and document review processes.

    For organizations involved in multiple litigation matters, Exterro’s single-instance storage solution multiplies the savings as documents can be reviewed a single time and leveraged across any number of cases. By leveraging the managed e-discovery solution from Exterro and Integreon, enterprise clients will benefit from:

    • Cost Reduction & Efficiency: Minimize expenses by consolidating vendors while streamlining legal workflows to boost productivity.
    • Risk Mitigation & Compliance: Ensure defensible, industry-leading compliance across litigation, regulatory responses, and internal investigations, reducing legal risk and potential fines.
    • Enhanced Accuracy & Speed: Improve data processing speed and accuracy, enabling quicker, more informed legal decisions.
    • Simplified Management: Remove the complexity of managing multiple software and service providers with a fully integrated solution.

    “With the exponential growth of electronically stored information and evolving state and federal regulations, organizations must be more proactive than ever in managing risks – including cyber threats, regulatory compliance, data privacy and legal exposure,” said Bobby Balachandran, Exterro Founder and CEO. “By combining Exterro’s cutting-edge technology with Integreon’s proven expert services, organizations can effectively find, analyze and protect against these risks, staying ahead of emerging threats.”

    Exterro’s AI-driven technology is continuously evolving, providing smarter, actionable insights and automation that many competitors lack. When combined with Integreon’s global team of legal experts, organizations benefit from a uniquely scalable and defensible e-discovery framework that is tailored to their specific needs.

    “Our clients require sophisticated, technology-enabled solutions to meet the evolving demands of litigation, investigations, and regulatory compliance,” added Phil Goodin, Executive Vice President, Litigation Services at Integreon. “This holistic approach positions Exterro and Integreon as the gold standard in managed e-discovery and document review services, providing an integrated solution that ensures superior results while reducing the burden on in-house legal teams.”

    About Exterro 
    Exterro empowers organizations to manage data risks with a complete platform for e-discovery, data privacy, cybersecurity and governance, and digital forensics. Unlike any other software provider, Exterro makes it easy for organizations to understand their data and take swift action. Exterro’s AI-driven solutions provide accurate, actionable insights, enabling businesses to ensure compliance, reduce risks, and streamline operations while lowering costs. With Exterro, organizations gain the clarity and confidence needed to address their most critical data challenges. For more information, visit www.exterro.com.

    About Integreon
    Integreon is the trusted, global provider of legal, creative and business outsourced solutions to corporations and law firms seeking to expand their capabilities and transform their performance. The company’s 4,000+ professionals provide expert support across a range of managed services—from creative design, content delivery and administrative support to legal and compliance. With global delivery centers on three continents, Integreon delivers round-the-clock service in 70+ languages and is deeply committed to client success, consistently delivering innovative, tech-enabled solutions that improve agility and efficiency to drive business performance. Integreon is owned by EagleTree Capital, a leading New York-based middle-market private equity firm with over $5 billion of assets under management.

    For more information about Integreon’s range of services, email info@integreon.com, visit www.integreon.com and follow Integreon at LinkedIn, X, and Facebook.

    Press Contact:

    For Exterro
    Hazel Ramirez
    hazel@plat4orm.com
    570-975-9261

    For Integreon
    Meg McEvoy
    meg@limelightgrowth.com
    434-409-0050

    The MIL Network –

  • MIL-OSI: Urgently Secures Multi-Year Contract with On-Demand Towing and Roadside Assistance Company

    Source: GlobeNewswire (MIL-OSI)

    VIENNA, Va., March 18, 2025 (GLOBE NEWSWIRE) — Urgent.ly, Inc. (Nasdaq: ULY) (“Urgently”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, today announced a new multi-year customer partner contract with an innovative provider of on-demand towing and roadside assistance. When the partnership officially launches this month, Urgently will begin providing light duty towing, technology and related services to on-demand roadside customers of the new customer partner across the U.S. and Canada.

    Under the customer parter contract, Urgently’s connected assistance platform will power the customer partner’s services, enhancing their roadside assistance offerings with streamlined operations and exceptional assistance experiences. As a tech-forward company, Urgently will deliver its comprehensive technology stack and capabilities, to meet demand for safe, quick and reliable assistance on the road.

    This collaboration is expected to grow Urgently’s volume and related revenue, and enable the new customer partner to elevate its customer experience with access to Urgently’s network of trusted service providers. By expanding its footprint in North America, Urgently continues to solidify its position as an industry leader committed to delivering exceptional roadside experiences powered by technology.

    “We are thrilled to launch this new partnership with an organization that shares Urgently’s deep commitment to providing the highest quality customer service,” said Matt Booth, Chief Executive Officer of Urgently. “Through this partnership, we will combine our shared strengths in the use of innovative technology and on-demand roadside assistance. We believe this collaboration will create tremendous value for customers, and allow us to continue expanding our presence across North America.”

    For more information about Urgently’s roadside and mobility assistance solutions visit https://www.geturgently.com/industry-solutions.

    About Urgently

    Urgently is focused on helping everyone move safely, without disruption, by safeguarding drivers, promptly assisting their journey, and employing technology to proactively avert possible issues. The company’s digitally native software platform combines location-based services, real-time data, AI and machine-to-machine communication to power roadside assistance solutions for leading brands across automotive, insurance, telematics and other transportation-focused verticals. Urgently fulfills the demand for connected roadside assistance services, enabling its partners to deliver exceptional user experiences that drive high customer satisfaction and loyalty, by delivering innovative, transparent and exceptional connected mobility assistance experiences on a global scale. For more information, visit www.geturgently.com.

    Forward-Looking Statements
    This press release contains or may contain “forward-looking statements” within the meaning of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or Urgently’s future financial or operating performance. Such statements are based upon current plans, estimates and expectations of management of Urgently in light of historical results and trends, current conditions and potential future developments, and are subject to various risks and uncertainties that could cause actual results to differ materially from such statements. The inclusion of forward-looking statements should not be regarded as a representation that such plans, estimates and expectations will be achieved. Forward-looking terms such as “may,” “will,” “could,” “should,” “would,” “plan,” “potential,” “intend,” “anticipate,” “project,” “predict,” “target,” “believe,” “continue,” “estimate” or “expect” or the negative of these words or other words, terms and phrases of similar nature are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. All statements, other than historical facts, including, without limitation, statements regarding Urgently’s new customer partner contract and the expected growth in Urgently’s volume and related revenue, are based on the current assumptions of Urgently’s management and are neither promises nor guarantees, but involve a significant number of factors that may cause our actual performance or achievements to be materially different from any future performance or achievements stated or implied by the forward-looking statements. For factors that could cause actual results to differ materially from the forward-looking statements in this press release, please see the risks and uncertainties detailed in our filings with the Securities and Exchange Commission (“SEC”), including in our annual report on Form 10-K for the year ended December 31, 2024, which was filed with the SEC on March 14, 2025, our quarterly reports on Form 10-Q and other filings and reports that we may file from time to time with the SEC. All forward-looking statements reflect Urgently’s beliefs and assumptions only as of the date of this press release. Urgently undertakes no obligation to update forward-looking statements to reflect future events or circumstances.

    Contacts:
    For Press: media@geturgently.com
    For Investors: investorrelations@geturgently.com

    The MIL Network –

  • MIL-OSI: American National Launches Digital Experience for Do-It-Yourself Planners Seeking Guaranteed Growth through Annuities

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, March 18, 2025 (GLOBE NEWSWIRE) — Today American National Insurance Company announced it is now offering fixed annuity products through a simple, secure online platform in addition to its extensive network of professional agents and advisors. This innovative experience allows individuals to purchase American National’s Palladium® Multi-Year Guarantee Annuity (MYG annuity) through a do-it-yourself platform, providing them with guaranteed growth and protection from market exposure through a fast, easy digital experience.

    • A simple and secure application process takes less than 10 minutes online
    • A convenient, online customer account portal provides clients with 24-hour access
    • Annuities can be purchased starting with just $5,000
    • Guaranteed growth periods of 5, 7 or 10 years
    • Competitive, guaranteed interest rates

    For 120 years, American National has been a trusted partner in helping individuals protect their assets and secure their financial futures. As the financial landscape evolves, so do the needs and expectations of today’s consumers seeking greater control, flexibility and access to financial products. By offering its MYG annuity through an easy online experience, American National is responding to the growing number of self-directed planners by offering them the growth, stability and tax advantages they seek—all from a trusted, highly-rated carrier.

    “By making our MYG annuities available directly to consumers, we are empowering more people to use part of their retirement savings to protect against market ups and downs,” said Scott Campbell, Chief Client Experience Officer at American National. “The MYG annuity we offer through our new online experience is an excellent choice for DIY planners who want a simple and reliable way to grow their savings and secure their financial future.”

    The American National online platform complements the company’s partnerships with agents across the country serving a broad range of individuals who depend on their support for insurance and annuities. All American National annuities are backed by the company’s strong financial foundation and commitment to being a source of certainty for policyholders.

    For more information, visit Annuities.AmericanNational.com.

    MYG annuity withdrawals are subject to taxation and may incur surrender charges. Other restrictions apply. Form Series: MYG24; AI20 (Forms may vary by state). CA Form: MYG16(04). Not available in New York. Not a deposit. Not FDIC insured.

    ABOUT AMERICAN NATIONAL

    Founded in 1905 and based in Galveston, Texas, American National Insurance Company (American National) is dedicated to being a source of certainty for millions of Americans through a comprehensive range of wealth protection, retirement, and insurance products and services. American National combines our expertise and resources to cater to the diverse needs of our clients, guiding them towards financial security and peace of mind. For more information, visit our website at AmericanNational.com.

    Annuities, life insurance and other products and services are written through multiple companies. Property and casualty insurance is written through American National Property And Casualty Company, Springfield, Missouri, and affiliates. In New York, business is written through Farm Family Casualty Insurance Company, United Farm Family Insurance Company, and American National Life Insurance Company of New York, Glenmont, New York. Not all products and services are available in all states. Not all companies are licensed in all states. Each company has financial responsibility only for the products and services it issues.

    Contact:
     Katie Piretti
    AVP, Corporate Communications
    Katie.Piretti@AmericanNational.com

    The MIL Network –

  • MIL-OSI: CMBlu Energy, Inc. Announces Rubicon Professional Services as a Desert Blume Project Partner

    Source: GlobeNewswire (MIL-OSI)

    PETALUMA, Calif., March 18, 2025 (GLOBE NEWSWIRE) — CMBlu Energy, a leading battery technology company focused on developing and manufacturing a safe, sustainable, and secure long-duration energy storage system, announced today that it has selected Rubicon Professional Services (RPS) as a project partner for the design and engineering of Desert Blume. Announced in August 2023, Desert Blume is a 5-megawatt (MW), 10-hour-duration project developed in collaboration with Salt River Project (SRP), a community-based, not-for-profit public power utility serving the greater Phoenix metropolitan area. Located at SRP’s Copper Crossing Energy and Research Center in Florence, Ariz., Desert Blume is the largest organic, non-lithium energy storage project under active development in the United States, positioning SRP as the first U.S. electric utility to deploy CMBlu’s energy storage solution at this scale.

    CMBlu’s Organic SolidFlow battery technology combines a non-flammable, proprietary carbon-based solid energy storage material with water-based electrolytes, resulting in high energy density and improved performance. This technology delivers up to 5 to 10 times the energy density of conventional flow batteries, enabling a smaller footprint to operate and maintain for easy-to-deploy long-duration energy storage. Made from earth-abundant, readily available and recyclable materials, the Organic SolidFlow battery reduces reliance on rare metals and minimizes supply chain risks. CMBlu expects its battery system to cost-effectively store and deliver energy for two to three times longer per cycle than traditional lithium-ion batteries, which are typically designed for short-duration applications of up to four hours.

    For Desert Blume, battery modules are stacked three modules high on industrial racks within a building – a novel design requiring close coordination with our partners. RPS expertise is playing an integral role in the project’s realization.

    “With such an innovative design for the CMBlu Organic SolidFlow battery energy storage system, we needed a project partner that could work hand in hand with us to build the next generation of energy storage. We couldn’t be prouder to welcome RPS as our partner in this great endeavor,” said Giovanni Damato, President of CMBlu Energy, Inc. “Desert Blume represents a significant milestone and major step forward for developing non-lithium energy storage projects at scale and we look forward to building a safer, more sustainable battery project that can provide cost-effective energy reliability and resiliency to Arizonans.”

    “RPS is thrilled to partner with CMBlu on moving Desert Blume from design to approaching ‘boots on the ground,’” said Abbot Moffat, Director of Business Development with Rubicon Professional Services. “RPS has focused on critical infrastructure and BESS projects for years, so the development of non-lithium-ion long-duration storage solutions is something we’ve wanted to actively facilitate. CMBlu is at the forefront of this technology and is exactly the kind of company RPS values collaborating with. We’re confident that our extensive experience with lithium-ion BESS Projects, Data Centers, and Microgrids will translate to a smooth and successful project here with Desert Blume. In addition, SRP’s support of emerging technologies like CMBlu’s is something to celebrate.”

    Desert Blume is designed to store excess energy during the day and return that energy to SRP customers at night or when solar energy is not available. The project will store enough energy to power about 1,125 average homes for 10 hours.

    “We’re excited to see the Desert Blume pilot continuing to progress and have RPS join the project team,” said Chico Hunter, SRP Manager of Innovation and Development. “This project represents an important step in advancing long duration energy storage technology, which SRP will need to meet the significant customer growth in the Phoenix area, in the reliable, affordable and sustainable manner our customers expect.”

    A groundbreaking ceremony to celebrate the construction of Desert Blume will be held in 2025, with the project expected to come online in 2026.

    About CMBlu Energy

    CMBlu Energy empowers the world with unlimited energy storage inspired by nature. CMBlu’s first-of-a-kind Organic SolidFlow battery is a safe, sustainable, and secure long-duration energy storage system made from abundant and easily sourced raw materials, eliminating many concerns often associated with lithium-ion batteries. CMBlu Energy combines the best of solid-state batteries with the architecture of flow batteries, redefining flow battery performance. CMBlu Energy supports a localized supply chain, reducing dependence on imports and ensuring energy security. CMBlu has a team of over 250 employees, including 150 scientists in Germany, Greece, and across the U.S. For more information, visit www.cmblu.com.

    About RPS

    At RPS, our mission is to make our customers successful. We accomplish this by always focusing on their goals and objectives, regardless of the ‘issue of the day’. We sincerely value our clients and the relationships we have developed with them, and understand that the effective management of critical facility planning, engineering, and construction is essential to achieving our clients’ success.

    RPS provides an innovative approach to building or upgrading critical facilities. Whether an alternative energy projects, data center, R&D lab, or telecommunications hub, RPS focuses on the owner’s interests, develops strategy, assembles a top team of technical experts, subcontractors, and equipment vendors, and then expertly manages the entire process. Find out more at www.rubiconps.com.

    About SRP

    SRP is a community-based, not-for-profit public power utility and the largest electricity provider in the greater Phoenix metropolitan area, serving about 1.1 million customers. SRP provides water to about 2.5 million Valley residents, delivering more than 244 billion gallons of water (750,000 acre-feet) each year, and manages a 13,000-square-mile watershed that includes an extensive system of reservoirs, wells, irrigation laterals, and 131 miles of canals.

    Media Contact
    Nic Savo
    Silverline
    (203) 456-0843
    nic@teamsilverline.com

    The MIL Network –

  • MIL-OSI: Haman Group, one of The Largest Inbound Tour Operators in Scandinavia, Selects Flywire as its Exclusive International Payments Partner

    Source: GlobeNewswire (MIL-OSI)

    Flywire delivers streamlined, secure payment experiences for Authentic Scandinavia and Authentic Europe, two of the Haman Group’s leading travel brands

    Flywire integrates with Haman Group’s booking system to streamline payment processing and reconciliation for Haman’s businesses and international guests

    BOSTON, March 18, 2025 (GLOBE NEWSWIRE) — Today, Haman Group – one of the largest inbound tour operators in Scandinavia, announced it has selected Flywire Corporation (Nasdaq: FLYW), a global payments enablement and software company, as the exclusive international payments partner for two of the Haman Group’s leading brands, Authentic Scandinavia and Authentic Europe. The partnership will enhance the payment experience for Haman Group’s growing international clientele and provide seamless integration into the company’s booking system for efficient payment processing and reconciliation.

    Recognized as one of the most innovative and respected travel brands in Scandinavia, Haman Group offers a wide range of services for travel agencies, groups and independent travelers. From personalised itineraries and specially curated tours to guaranteed departures, Haman is backed by more than 60 years of experience in creating unforgettable trips to Scandinavia and Europe and is supported by its five travel brands including Haman Scandinavia, Cities+Tours, Terra Nova Scandinavia, Authentic Scandinavia, and Authentic Europe.

    Prior to Flywire, Haman Group relied on a legacy payments system which created inefficiencies for the organization and guests alike. For example, manual invoicing didn’t provide clients with enough visibility into additional fees, and additional charges due to FX rates and fees sometimes surprised travelers when they got their bank or credit card statements.

    Seeking to overhaul the payments process for their international guests, Haman Group selected Flywire for a few key reasons:

    • Integrated with bookings system: Processing and reconciling payments has been streamlined because Flywire is integrated with Haman Group’s booking system. Payment reminders are sent automatically, and all payment processes are digitized.
    • Elevated guest experience: Flywire provides choice, convenience, and support. Haman Group’s guests pay in their local currency, with competitive exchange rates, and have access to 24×7 live support. Travelers are also confident their payments are secure.
    • Diverse payment options: Flywire automates the currency conversion, and the company receives 100% of their payments in the currency of their choice.

    “At Haman Group, our focus is on providing our guests with once in a lifetime travel experiences,” said Trude Sivertsen, director of sales and operations at Authentic Scandinavia. “And we know that these experiences start at the very first interactions with our guests, including their very first payment experiences. We feel confident that Flywire is the optimal extension of our brand, offering our guests flexible, localized payment options, and ensuring their booking and payment experience is effortless and secure. And as a critical benefit, we can optimize our internal processes, giving us more time to focus on crafting even more memorable travel experiences.”

    “We are honored to partner with The Haman Group and deliver exceptional payment experiences for their growing footprint of travel businesses,” said Colin Smyth, SVP and GM, Travel. “With Flywire, Haman Group can both meet the needs of their clients, and gain a number of operational efficiencies to help them focus on running their organization. And given Haman Group’s extensive reach throughout Scandinavia, Flywire is thrilled to scale our capabilities across the region.”

    About Flywire

    Flywire is a global payments enablement and software company. We combine our proprietary global payments network, next-gen payments platform and vertical-specific software to deliver the most important and complex payments for our clients and their customers.

    Flywire leverages its vertical-specific software and payments technology to deeply embed within the existing A/R workflows for its clients across the education, healthcare and travel vertical markets, as well as in key B2B industries. Flywire also integrates with leading ERP systems, such as NetSuite, so organizations can optimize the payment experience for their customers while eliminating operational challenges.

    Flywire supports more than 4,500 clients with diverse payment methods in more than 140 currencies across more than 240 countries and territories around the world. The company is headquartered in Boston, MA, USA with global offices. For more information, visit www.flywire.com. Follow Flywire on X , LinkedIn and Facebook.

    About Haman Group

    Haman Group (est. 1964) offers a wide range of services for travel agencies, groups and independent travellers. From personalised itineraries and specially curated tours to guaranteed departures, we have over 50 years of experience in creating unforgettable trips to Scandinavia and Europe.

    The following five companies are part of Haman Group: Haman Scandinavia, Authentic Scandinavia, Authentic Europe, Terra Nova Scandinavia and Cities+Tours. Our colleagues are spread across five different offices. Our main offices are situated in Oslo and in Stockholm, and we also operate field offices in Tromsø, Gothenburg, Ramlösa and Cologne.

    Media Contact
    Sarah King
    Media@Flywire.com

    Investor Relations Contact
    Masha Kahn
    IR@Flywire.com

    Forward-Looking Statements

    This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding Flywire’s expectations regarding the benefits of its travel clients and business, Flywire’s business strategy and plans, market growth and trends. Flywire intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as, but not limited to, “believe,” “may,” “will,” “potentially,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “target,” “plan,” “expect,” or the negative of these terms, and similar expressions intended to identify forward-looking statements. Such forward-looking statements are based upon current expectations that involve risks, changes in circumstances, assumptions, and uncertainties. Important factors that could cause actual results to differ materially from those reflected in Flywire’s forward-looking statements include, among others, the factors that are described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of Flywire’s Annual Report on Form 10-K for the year ended December 31, 2024, which is on file with the Securities and Exchange Commission (SEC) and available on the SEC’s website at https://www.sec.gov/. The information in this release is provided only as of the date of this release, and Flywire undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

    The MIL Network –

  • MIL-OSI: CURRENC Group and ARC Group Jointly Launch $100 Million AI-Focused Infrastructure & Investment Fund

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, March 18, 2025 (GLOBE NEWSWIRE) — CURRENC Group Inc. (Nasdaq: CURR) (“CURRENC” or the “Company”), a fintech pioneer empowering financial institutions worldwide with artificial intelligence (AI) solutions, today announced its plan to form an AI-focused investment fund in collaboration with ARC Group, a leading global investment bank (“CURR-ARC AI Fund 1” or the “Fund”). As the first of a series of initiatives in CURRENC’s strategic AI investment blueprint, CURR-ARC AI Fund 1 aims to raise up to $100 million and will invest in AI data center (AIDC), green energy, and computing power development, driving AI innovation and digital transformation globally.

    The Fund’s general partner is CURR-ARC GP Limited, a joint venture company owned 80% by CURRENC and 20% by ARC Group.

    The investment focus of the Fund will be as follows:
    1. Approximately 80% of the Fund will be dedicated to global investments in AI computing power and green energy infrastructure projects, including the first phase of CURRENC’s planned 500MW hyperscale AIDC in Malaysia.
    2. Approximately 20% of the Fund will target emerging enterprises in the fields of AI ecosystems, fintech, and AI-driven solutions.

    The Fund will benefit from the leadership of a seasoned team of technology and finance experts, as well as experienced asset managers and AIDC operators. Together, they will execute the Fund’s investment strategy.

    “The CURR-ARC AI Fund 1 is a transformative initiative in our strategy to create a robust, sustainable ecosystem that spans AIDCs, green energy, fintech, and AI-driven solutions,” said Alex Kong, Founder and Executive Chairman of CURRENC. “It will allow us to support both established leaders and emerging disruptors across industries, simultaneously fueling innovation in AI and sustainable technology. We’re confident that this investment will enable us to harness AI’s full potential and propel the digital transformation globally, creating substantial value for our stakeholders and society as a whole.”

    Abraham Cinta, CEO of ARC Group, added, “We are thrilled to partner with CURRENC Group to advance our shared vision for the future of global industries. With our combined expertise in technology and finance, we are well-positioned to shape the next generation of AI innovations, green energy infrastructure, and scalable computing solutions that will drive sustainable global development.”

    About CURRENC Group Inc.
    CURRENC Group Inc. (Nasdaq: CURR) is a fintech pioneer dedicated to transforming global financial services through artificial intelligence (AI). The Company empowers financial institutions worldwide with comprehensive AI solutions, including SEAMLESS AI Call Centre and other AI-powered tools designed to reduce costs, increase efficiency and boost customer satisfaction for banks, insurance, telecommunications companies, government agencies, cryptocurrency exchanges and other financial institutions. The Company’s digital remittance platform also enables e-wallets, remittance companies, and corporations to provide real-time, 24/7 global payment services, advancing financial access across underserved communities.

    About ARC Group
    ARC Group is a globally based investment bank and management consultancy firm, specializing in bridging Asia and the West. Our services encompass a full spectrum of financial solutions, including IPOs, M&A, financing, venture capital, and SPACs. ARC Group also includes an independent consulting division dedicated to addressing the unique challenges faced by companies operating across both Asian and Western markets. Headquartered in Hong Kong, with offices across Mainland China, the USA, Malaysia, Indonesia, Vietnam, India, Sweden, and the UAE, we are well-positioned to provide cross-border financial and advisory services.

    Safe Harbor Statement
    This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties, or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

    Investor & Media Contact
    CURRENC Group Investor Relations
    Email: investors@currencgroup.com

    The MIL Network –

  • MIL-OSI Video: Army’s legacy: The early years | Army History | U.S. Army

    Source: US Army (video statements)

    For 250 years the Army has been critical not just in the defense of the nation, but also in its formation and stability. Check out the first of this four-part series as we look back through the history of the Army.

    by Army Multimedia and Visual Information Division
    About the U.S. Army:

    The Army Mission – our purpose – remains constant: To deploy, fight and win our nation’s wars by providing ready, prompt & sustained land dominance by Army forces across the full spectrum of conflict as part of the joint force.

    Interested in joining the U.S. Army?
    Visit: spr.ly/6001igl5L

    Connect with the U.S. Army online:
    Web: https://www.army.mil
    Facebook: https://www.facebook.com/USarmy/
    X: https://www.twitter.com/USArmy
    Instagram: https://www.instagram.com/usarmy/
    LinkedIn: https://www.linkedin.com/company/us-army
    #USArmy #Soldiers #Military

    https://www.youtube.com/watch?v=B1epvTAvhOw

    MIL OSI Video –

  • MIL-OSI: Vimeo Named a Top 5 Brand in Video Leadership in Fast Company’s Most Innovative Companies List

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) — Vimeo (NASDAQ: VMEO), the world’s most innovative video experience platform for creators and enterprises, today announced it was named as a top 5 video company on Fast Company’s prestigious list of the World’s Most Innovative Companies of 2025.

    This year’s list shines a spotlight on businesses shaping industry and culture through their innovations to set new standards and achieve remarkable milestones in all sectors of the economy. Vimeo was recognized for its achievements as an AI-powered video platform, as it continues adding innovative AI tools and capabilities that empower video storytelling efforts for businesses and creators. Over the past year, Vimeo has added several AI-powered features designed to deliver greater productivity and value, including automated video transcription, video captioning, social media clip generation, and video translation into 29 languages.

    “Video is becoming the language of the world, and we are honored to be recognized by Fast Company as one of the world’s most innovative companies,” said Philip Moyer, CEO of Vimeo. “We deliver the most cutting edge, secure, and scalable video and AI technologies to individual creators and to the largest companies in the world. From beautifully crafted films and global streaming, to new forms of marketing and deeply engaging education content, we protect and uplift video creators. The next generation of storytelling is arriving, and Vimeo is proud to be recognized for our leadership.”

    The World’s Most Innovative Companies stands as Fast Company’s hallmark franchise and one of its most anticipated editorial efforts of the year. To determine honorees, Fast Company’s editors and writers review companies driving progress around the world and across industries, evaluating thousands of submissions through a competitive application process. The result is a globe-spanning guide to innovation today, from early-stage startups to some of the most valuable companies in the world.

    “Our list of the Most Innovative Companies offers both a comprehensive look at innovation today and a playbook for the future,” said Fast Company editor-in-chief Brendan Vaughan. “This year, we recognize companies that are harnessing AI in deep and meaningful ways, brands that are turning customers into superfans by overdelivering for them, and challengers that are introducing bold ideas and vital competition to their industries. At a time when the world is rapidly shifting, these companies are charting the way forward.”

    About Vimeo
    Vimeo (NASDAQ: VMEO) is the world’s most innovative video experience platform. We enable anyone to create high-quality video experiences to better connect and bring ideas to life. We proudly serve our community of millions of users – from creative storytellers to globally distributed teams at the world’s largest companies – whose videos receive billions of views each month. Learn more at www.vimeo.com.

    About Fast Company
    Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with fellow business publication Inc. For more information, please visit fastcompany.com.

    Press Contact:
    Frank Filiatrault
    frank.filiatrault@vimeo.com

    The MIL Network –

  • MIL-OSI: Overwatch Expands Cybersecurity Innovation with AI-Driven Hyper-Automation, Delivering Unfair Advantage to MSPs

    Source: GlobeNewswire (MIL-OSI)

    BATAVIA, Ill., March 18, 2025 (GLOBE NEWSWIRE) — High Wire Networks, Inc. (OTCQB: HWNI) is redefining cybersecurity for Managed Service Providers (MSPs) and their customers by embedding hyper-automation and AI-driven security into its platform. Through strategic partnerships with SentinelOne (NYSE: S), D3 Security, and other industry leaders, High Wire – Overwatch does the hard, behind-the-scenes work so that partners and their customers receive a seamless, white-glove cybersecurity experience. This unfair advantage allows partners and customers to deliver enterprise-grade protection without the complexity or overhead of managing it themselves.

    “SentinelOne recognizes Overwatch is more than just a cybersecurity provider—we are an enabler of success for our partners,” said Ed Vasko, CEO of Overwatch. “As such, they want to partner with us to increase our revenue growth across their expanding portfolio. Because AI and automation are the foundation of a smarter, more efficient security ecosystem, we can scale revenue faster, keep costs flat, and provide better security. By doing the heavy lifting, we help our channel partners deliver powerful security outcomes without adding operational burden. Our focus on innovation is about adopting new technology that works at scale against the constant onslaught of multi-vector cyber-attacks across industries. It’s about leveraging AI and automation to streamline security operations, enhance threat detection, and reduce technical debt—giving our partners a true competitive edge.”

    Overwatch integrates AI-powered threat detection, automated response, and hyper-automation to eliminate inefficiencies and enhance security outcomes. By leveraging Managed Endpoint Detection and Response (MEDR), Managed eXtended Detection and Response (MXDR), and Security Orchestration Automation and Response (SOAR), Overwatch enables MSPs to activate services faster, streamline operations, and reduce technical debt—all while maintaining top-tier security.

    Through its partnership with SentinelOne, Overwatch provides next-generation Managed Detection and Response (MDR) and Managed Security Services Provider (MSSP) solutions.   

    With SentinelOne’s Singularity platform, Overwatch unifies cloud, endpoint, and firewall logs for seamless threat correlation. Leveraging Purple AI, the industry’s most advanced AI security analyst, we help our customers detect attacks earlier, respond faster, and stay ahead of them. Purple AI streamlines detection rule creation and threat hunting, reducing manual effort and enhancing visibility. Integrated vulnerability detection proactively identifies and mitigates risks by linking security gaps to active threats. 

    As a trusted partner in SentinelOne’s UXIP program, Overwatch is among a select group of companies granted firsthand access to beta features, user experience enhancements, and new product capabilities before they go to market. This exclusive partnership allows Overwatch to test, refine, and provide feedback on SentinelOne’s latest innovations, ensuring that our clients benefit from the most advanced security technologies as soon as they become available.

    “The combination of High Wire’s Overwatch MDR and MSSP services with SentinelOne’s AI security technology is a powerful one that will create significant value for customers,” said Brian Lanigan, SVP, Global Head of Partner Ecosystem, SentinelOne (NYSE: S). “Together, we can deliver innovations that empower security leaders to reimagine and revolutionize how they respond to emerging threats in ways that significantly reduce risk, speed decision-making, and free up their teams to focus on high-impact initiatives.”

    Overwatch’s partnership with D3 Security takes automation and orchestration to the next level. D3’s AI-powered platform integrates alerts from multiple security sources, allowing automated responses such as account lockdowns and password resets. SOAR connections enable Overwatch to execute security actions inside client networks without manual intervention, ensuring faster and more precise incident resolution.

    The combination of D3’s hyper-automation capabilities and Overwatch’s 24/7 Security Operations Center (SOC) means low-level alerts are handled automatically, while critical threats like ransomware trigger immediate, hands-on intervention. Overwatch’s white-glove approach ensures partners and customers never need to worry about cybersecurity gaps.

    Overwatch continues to push the boundaries of AI-driven security with D3’s Morpheus AI, set to launch in 2025. This next-generation AI SOC solution will revolutionize managed security by providing real-time detection, autonomous analysis, and rapid mitigation of cyber threats.

    High Wire Network’s commitment to innovation and hyperautomation transforms cybersecurity delivery and drives tangible business growth. By enabling partners to deliver enterprise-grade protection with greater speed, efficiency, and scalability, Overwatch creates a distinct competitive advantage in the marketplace. This strategic focus positions Overwatch to accelerate partner adoption, expand recurring revenue streams, and strengthen its overall market presence—delivering meaningful value to shareholders and supporting long-term growth objectives.

    About SentinelOne

    SentinelOne (NYSE: S) is a leading AI-powered cybersecurity platform. Built on the first unified Data Lake, SentinelOne empowers the world to run securely by creating intelligent, data-driven systems that think for themselves, stay ahead of complexity and risk, and evolve on their own. Leading organizations—including Fortune 10, Fortune 500, and Global 2000 companies, as well as prominent governments – trust SentinelOne to Secure Tomorrow™. Learn more at sentinelone.com.

    About High Wire Networks

    High Wire Networks, Inc. (OTCQB: HWNI) is a fast-growing, award-winning global provider of managed cybersecurity. Through over 200 channel partners, it delivers trusted managed services for more than 1,100 managed security customers worldwide. End customers include Fortune 500 companies and many of the nation’s largest government agencies. Its U.S.-based 24/7 Network Operations Center and Security Operations Center is in Chicago, Illinois.

    High Wire was ranked by Frost & Sullivan as a Top 15 Managed Security Service Provider in the Americas for 2024. It was also named to CRN’s MSP 500 and Elite 150 lists of the nation’s top IT-managed service providers for 2023 and 2024.

    Learn more at HighWireNetworks.com. Follow the company on X, view its extensive video series on YouTube or connect on LinkedIn.

    Forward-Looking Statements

    The above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as “anticipate,” “appear,” “believe,” “could,” “estimate,” “expect,” “hope,” “indicate,” “intend,” “likely,” “may,” “might,” “plan,” “potential,” “project,” “seek,” “should,” “will,” “would,” and other variations or negative expressions of these terms, including statements related to expected market trends and the Company’s performance, are all “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the Company’s expectations with regard thereto or any change in events, conditions, or circumstances upon which any statement is based except as required by applicable law and regulations.

    Media Contact:
    Lori Aleman
    Director of Marketing
    Phone: O: 630-635-8477 C: 602-920-0902
    Email: lori.aleman@highwirenetworks.com

    The MIL Network –

  • MIL-OSI: IDT Corporation to Present at Sidoti Investor Conference

    Source: GlobeNewswire (MIL-OSI)

    NEWARK, NJ, March 18, 2025 (GLOBE NEWSWIRE) — IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications solutions, will present at the Sidoti Virtual Investor Conference that will be held on March 19th and 20th, 2025.

    Marcelo Fisher, Chief Financial Officer, will present at 10:45 AM Eastern time on Wednesday, March 19th. His presentation will provide an overview of IDT’s operations, strategy, and financial results. Mr. Fischer will also host one-on-one investor meetings throughout both days of the conference.

    The IDT presentation can be accessed live here: https://sidoti.zoom.us/webinar/register/WN_WzrWFhVxTyWLK2-SZOALTg.

    To register for the presentation or one-on-ones, visit www.sidoti.com/events. Registration is free.

    All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks, and should be consulted along with this release. To the extent permitted under applicable law, IDT assumes no obligation to update any forward-looking statements.

    ABOUT IDT CORPORATION

    IDT Corporation (NYSE: IDT) is a global provider of fintech and communications solutions through a portfolio of synergistic businesses: National Retail Solutions (NRS), through its point-of-sale (POS) platform, enables independent retailers to operate more effectively while providing advertisers and marketers with unprecedented reach into underserved consumer markets; BOSS Money facilitates innovative international remittances and fintech payments solutions; net2phone provides enterprises and organizations with intelligently integrated cloud communications and contact center services across channels and devices; IDT Digital Payments and the BOSS Revolution calling service make sharing prepaid products and services and speaking with friends and family around the world convenient and reliable; and, IDT Global and IDT Express enable communications services to provision and manage international voice and SMS messaging.

    Contact:
    Bill Ulrey
    IDT Investor Relations
    Phone: (973) 438-3838
    E-mail: invest@idt.net

    ###

    The MIL Network –

  • MIL-OSI: Preferred Bank Announces Approval to Continue Share Repurchase Plan

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, March 18, 2025 (GLOBE NEWSWIRE) — Preferred Bank (NASDAQ: PFBC), (“the Bank”), an independent commercial bank, today announced that the Bank has received regulatory approval to continue its shareholder-approved $150 million stock Repurchase Plan, (“the Plan”). Thus far in the Plan, the Bank has repurchased $84.3 million of its common stock during 2023 and 2024, however regulatory approval expired in January of 2025. As a state, non-member Bank that issues its common stock at the bank level (no holding company), Preferred Bank is required to seek regulatory approval to engage in transactions that either increase or decrease capital. The shareholder and regulatory approvals to repurchase the remaining $65.7 million of common stock will expire in May of 2025.

    During this repurchase program, the Bank has repurchased 1.3 million shares at an average price of $63.94 per share. Stock repurchases under this Plan will be made in the open market.

    About Preferred Bank

    Preferred Bank is one of the larger independent commercial banks headquartered in California. The Bank is chartered by the State of California, and its deposits are insured by the Federal Deposit Insurance Corporation, or FDIC, to the maximum extent permitted by law. The Bank conducts its banking business from its main office in Los Angeles, California, and through twelve full-service branch banking offices in California (Alhambra, Century City, City of Industry, Torrance, Arcadia, Irvine (2), Diamond Bar, Pico Rivera, Tarzana and San Francisco (2)). The Bank also operates a branch in Flushing, New York and in the Houston suburb of Sugar Land, Texas as well as a Loan Production Office in Sunnyvale, California. Preferred Bank offers a broad range of deposit and loan products and services to both commercial and consumer customers. The Bank provides personalized deposit services as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses, entrepreneurs, real estate developers, professionals and high net worth individuals. Although originally founded as a Chinese-American Bank, Preferred Bank now derives most of its customers from the diversified mainstream market but does continue to benefit from the significant migration to California of ethnic Chinese from China and other areas of East Asia.

    AT THE COMPANY:   
    Edward J. Czajka               
    Executive Vice President 
    Chief Financial Officer     
    (213) 891-1188

    AT FINANCIAL PROFILES:        
    Jeffrey Haas
    General Information
    (310) 622-8240
    PFBC@finprofiles.com

    The MIL Network –

  • MIL-OSI: FE International Advises on the Acquisition of Cloud Orca by Cooper Parry

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) — FE International, a leading global M&A advisor for technology businesses, is pleased to announce the acquisition of Cloud Orca, a leading a UK-based Salesforce Summit Partner, by Cooper Parry, a next-gen accountancy and business advisory firm.

    Founded by two entrepreneurs with backgrounds in sales and military service, Cloud Orca specializes in cloud-based CRM, marketing automation, and revenue management solutions. As a fast-growing Salesforce Summit Partner, Cloud Orca has successfully completed 400+ Salesforce projects since its inception and holds 25 Salesforce certifications. The company serves clients across industries such as financial services, high-tech, retail, and life sciences, delivering tailored digital transformation solutions that enhance business operations.

    Cooper Parry, a UK-based accountancy and business advisory firm with a strong presence in digital transformation, backing Cloud Orca will enhance the organization’s ability to support the financial operations of their clients. This acquisition positions Cooper Parry at the forefront of CRM-driven business solutions, as Salesforce continues to lead the CRM software market with a 23% market share. This also means that the firm will be introduced to a new sea of partnerships while providing advanced technical infrastructure and expertise in Salesforce implementation, training and development, support and maintenance, and custom development.

    “This Cloud Orca deal is a massive leap forward in our tech offering. It ticks tons of the right boxes: market reputation, powerful culture, huge growth, and a passion for sustainability. The fit is spot on. As we create the UK’s next-gen accountancy firm, the landing of such an impressive anchor firm in the digital and tech space is brilliant news. What a way to start the new financial year! And the great thing is, there’s plenty more on the horizon.” said Ade Cheatham, CEO of Cooper Parry, in their press release.

    A key aspect of this transaction is Cooper Parry’s commitment to preserving Cloud Orca’s operational autonomy. Ed Rowland, CEO of Cloud Orca, and Tony Di Carlo, COO, will continue to lead the company, ensuring that clients receive the exceptional service they have come to expect.

    FE International executed a competitive sale process, garnering multiple offers from industry-leading buyers. “Cloud Orca’s impressive growth and expertise in Salesforce made this a highly sought-after opportunity. At FE International, we are deeply familiar with the Salesforce ecosystem, allowing us to successfully execute a competitive sale process that aligned Cloud Orca with the right strategic partner,” said Jake Olivieri, Partner at FE International.

    For more information about FE International and its role in technology M&A, visit www.feinternational.com.

    About FE International

    Founded in 2010, FE International is a globally recognized M&A advisor specializing in SaaS, e-commerce, and digital media businesses. With over 1,500 transactions completed and a total deal value exceeding $50 billion, FE International has been named one of The Americas’ Fastest Growing Companies by the Financial Times from 2020 to 2024 and is a four-time Inc. 5000 company.

    About Cloud Orca

    Cloud Orca is a leading Salesforce consultancy that specializes in digital transformation through CRM solutions, marketing automation, and revenue management. As a Salesforce Summit Partner, Cloud Orca delivers tailored solutions to businesses looking to optimize their operations, enhance customer experiences, and drive sustainable growth. The company is dedicated to providing expert guidance and innovative technology solutions that empower businesses to maximize their Salesforce investment. For more information, visit www.cloudorca.com

    About Cooper Parry

    Cooper Parry is a UK-based accountancy and business advisory firm that is redefining the industry with its innovative and people-first approach. Specializes in providing disruptive financial and business advisory services, with a strong focus on digital transformation, IT integration, and technology-driven solutions. Cooper Parry partners with ambitious businesses to help them scale, optimize financial performance, and navigate complex digital landscapes. For more information, visit www.cooperparry.com

    Media Contact:

    Gaj Tanwar
    Marketing Coordinator, FE International
    Email: gaj.tanwar@feinternational.com

    The MIL Network –

  • MIL-OSI: Swiss Re to sell 10.05% stake in Definity Financial for CAD 655 million

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, March 18, 2025 (GLOBE NEWSWIRE) — Swiss Re announced an agreement to sell 11,647,217 common shares (“Common Shares”) of Definity Financial Corp. (TSX: DFY) (“Definity”) representing approximately 10.05% of the issued and outstanding Common Shares as of March 17, 2025 (the “Offering”).

    The Common Shares are being sold by Swiss Re Investment Holdings Company Ltd on an underwritten block trade basis at a price of CAD 56.20 per Common Share for aggregate cash proceeds of approximately CAD 655 million. The Offering has been underwritten by CIBC Capital Markets and National Bank Financial Inc. (the “Underwriters”) and is expected to close on March 19, 2025.

    Immediately before the Offering, Swiss Re owned 11,647,217 Common Shares, representing approximately 10.05% of the issued and outstanding Common Shares. After giving effect to the Offering, Swiss Re will no longer hold any Common Shares.

    “We are very impressed with the significant progress Definity has made since its IPO in November 2021 and continue to value the ongoing business relationship with the Company. Swiss Re continues to be a strong believer in Definity’s path towards becoming a leading P&C insurer in Canada,” said Andreas Berger, Swiss Re’s Group Chief Executive Officer. “The sale was done in the context of a regular review and rebalancing of Swiss Re’s investment portfolio and is consistent with the Group’s overall investment strategy across equity and alternative investments.”

    Swiss Re’s head office is located at Mythenquai 50/60 8002 Zurich, Switzerland. Swiss Re will file an early warning report with the securities regulators in each of the provinces and territories of Canada with respect to the foregoing matters pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, in connection with the Common Shares sold, a copy of which will be available under Definity’s profile on SEDAR+ at www.sedarplus.ca. For further information and/or a copy of the related early warning report to be filed, please contact James Raphael at +1 212 317 5428. Definity’s head office is located at 111 Westmount Road South, Waterloo, Ontario N2L 2L6.

    About Swiss Re
    The Swiss Re Group is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cyber crime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 70 offices globally.

    Media Relations
    Zurich
    Telephone +41 43285 7171

    New York
    Telephone +1 914 828 6511

    Investor Relations
    Telephone +41 43 285 4444

    Swiss Re Ltd
    Mythenquai 50/60
    CH-8022 Zurich
    Telephone +41 43 285 2121

    www.swissre.com
    @SwissRe

    Contact person
    Mark Bonthrone
    Mark_Bonthrone@swissre.com
    +1 646 662 0212

    Additional information
    For press releases, logos and photography
    of Swiss Re executives,
    directors or offices go to
    www.swissre.com/media

    The MIL Network –

  • MIL-OSI: CSW Industrials Announces Definitive Agreement to Acquire Aspen Manufacturing for $313.5 Million, Executing Disciplined Capital Allocation and Strategic Expansion in the HVAC/R End Market

    Source: GlobeNewswire (MIL-OSI)

    Aspen Manufacturing Acquisition Highlights

    • Continues the expansion of existing product portfolio in the profitable heating, ventilation, air conditioning, and refrigeration (HVAC/R) end market with the addition of evaporative coils and air handler offerings
    • Aligns with previously established acquisition criteria to leverage existing distribution channels, increase our market share in HVAC/R end market, expand products offerings, and grow share of wallet with our existing customers
    • All of Aspen’s products are designed, engineered and manufactured in the United States
    • Valuation represents approximately 11x Aspen Manufacturing’s estimated 2024 adjusted EBITDA
    • Expected to be immediately accretive to CSWI’s EPS and EBITDA
    • Transaction economics allow CSWI to maintain a strong balance sheet and ample liquidity to continue executing on growth strategy

    DALLAS, March 18, 2025 (GLOBE NEWSWIRE) — CSW Industrials, Inc. (Nasdaq: CSWI) and Aspen Manufacturing announced today the execution of a definitive agreement under which CSWI will acquire Aspen Manufacturing for approximately $313.5 million in cash, subject to customary post-closing adjustments. The proposed purchase price is approximately 11x Aspen Manufacturing’s estimated 2024 adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $28.5 million. CSWI anticipates funding the transaction with a combination of cash on hand and debt under its existing $500 million credit facility, with closing expected to occur in the first quarter of CSWI’s 2026 fiscal year following the satisfaction of customary closing conditions, including the expiration or termination of any waiting periods under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.

    Aspen Manufacturing, based in Humble, Texas, with estimated 2024 revenues of $122.4 million, is one of the largest independent evaporator coil and air handler manufacturers for the HVAC/R industry and is a recognized leader in product quality and indoor comfort. All of Aspen’s products are designed, engineered, and assembled in the United States. Aspen’s current product suite includes a vast range of high-quality residential and light commercial evaporator coils, blowers, and air handling units for single-family, multi-family, and manufactured homes.

    Aspen Manufacturing is uniquely positioned to serve its customers with the current refrigerant transition, having the ability to manufacture legacy (R-410a) and new refrigerant (R-32 and R-454B) rated products, leveraging both copper and aluminum heat transfer technologies. It is well positioned to enable distributors and contractors to service legacy air conditioning systems that have a failed coil or air handler without having to replace the overall system. Moreover, Aspen has been effective in supporting HVAC OEMs with the production of service coils and niche products to serve specific geographies and more effectively meet customer demand.

    Joseph B. Armes, Chairman, President, and Chief Executive Officer of CSW Industrials, said, “I am pleased to announce that we have entered into a definitive agreement to acquire Aspen Manufacturing. This acquisition will allow CSWI to expand our existing HVAC/R product portfolio with an innovative portfolio of high-caliber evaporator coils and air handlers, while building on our existing HVAC/R end market leadership position. With our market knowledge and investment in people, systems, and processes, CSWI is uniquely positioned to accelerate Aspen’s growth strategy. This acquisition will enable us to continue driving above market, profitable growth, and deliver value to our shareholders.”

    Jeff Underwood, Senior Vice President of CSWI and General Manager, Contractor Solutions, commented, “I am eagerly looking forward to Aspen joining the RectorSeal family and our lineup of high-quality HVAC/R, plumbing and electrical products. I have had a chance to form strong relationships with Aspen’s leadership team over the years and know that the team shares our values on how to treat customers and team members. The combined organization will allow us to better serve distributors and contractors with segment-leading products.”

    A presentation with more information about this acquisition is available on CSW’s website at https://cswindustrials.gcs-web.com.

    Safe Harbor Statement
    This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Words or phrases such as “may,” “should,” “expects,” “could,” “intends,” “plans,” “anticipates,” “estimates,” “believes,” “forecasts,” “predicts” or other similar expressions are intended to identify forward-looking statements, which include, without limitation, earnings forecasts, effective tax rate, statements relating to our business strategy and statements of expectations, beliefs, future plans and strategies and anticipated developments concerning our industry, business, operations, and financial performance and condition.

    The forward-looking statements included in this press release are based on our current expectations, projections, estimates, and assumptions. These statements are only predictions, not guarantees. Such forward-looking statements are subject to numerous risks and uncertainties that are difficult to predict. These risks and uncertainties may cause actual results to differ materially from what is forecast in such forward-looking statements, and include, without limitation, the risk factors described from time to time in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K.

    This press release contains estimated results of Aspen Manufacturing for the calendar year 2024 (the “estimated results”). The estimated results are forward-looking statements based on Aspen Manufacturing’s management’s preliminary, unaudited results as of the date hereof, and Aspen Manufacturing’s actual results may be materially different from the estimated results. We assume no obligation to update any forward-looking statement as a result of new information, future events or other factors. Accordingly, you should not place undue reliance on the estimated results. Our independent registered public accounting firm has not audited, reviewed or performed any procedures with respect to the estimated results and does not express any opinion or any other form of assurance with respect thereto.

    All forward-looking statements included in this press release are based on information currently available to us, and we assume no obligation to update any forward-looking statement except as may be required by law.

    About CSW Industrials
    CSW Industrials is a diversified industrial growth company with industry-leading operations in three segments: Contractor Solutions, Specialized Reliability Solutions, and Engineered Building Solutions. CSWI provides niche, value-added products with two essential commonalities: performance and reliability. The primary end markets we serve with our well-known brands include: HVAC/R, plumbing, electrical, general industrial, architecturally-specified building products, energy, mining, and rail transportation. For more information, please visit www.cswindustrials.com. 

    Investor Relations

    Alexa Huerta
    Vice President, Investor Relations, & Treasurer
    214-489-7113
    alexa.huerta@cswindustrials.com

    The MIL Network –

  • MIL-OSI: Helport AI Expands AI Solutions for the Insurance Industry with Enhanced Insurance Edition

    Source: GlobeNewswire (MIL-OSI)

    Collaboration with Five Insurance Agencies to Pilot Upgraded AI-Powered Software

    SINGAPORE and SAN DIEGO, March 18, 2025 (GLOBE NEWSWIRE) — Helport AI Limited (NASDAQ: HPAI) (“Helport AI” or the “Company”), an AI technology company serving enterprise clients with intelligent customer communication software and services, announced today the official launch of the latest upgraded version of Helport AI Insurance Edition, an AI-powered solution designed specifically for the insurance sector.

    Helport AI has been serving insurance providers for years, offering AI-driven tools designed to optimize customer interactions, streamline claims processes, and enhance policy management. Building on this experience, the enhanced Insurance Edition software introduces new capabilities tailored for broader adoption across the U.S. market.

    As a key milestone for the Company, Helport AI has secured partnerships with five independently owned U.S. insurance agencies, all operating under a nationally recognized, top ten-ranked insurance franchise, to pilot the solution. The AI-powered platform is designed to improve policy recommendations, enhance operational efficiency, and provide real-time compliance monitoring—ultimately aiming to transform how insurance agencies interact with customers.

    Advancing AI Adoption in the Insurance Industry

    The insurance sector presents unique challenges, due to its complex regulatory requirements, broad product offerings, and reliance on expertise-driven decision-making. Traditional training models often lead to inconsistencies in service quality and extended onboarding times for new agents.

    Helport AI Insurance Edition, which initially targeted home and auto insurance sales, seeks to address these challenges by offering a series of capabilities that include:

    • AI-driven expertise: Industry-trained AI assists with policy analysis, risk assessment, claims consultation, and compliance interpretation, providing agents a tool to operate with expert-level knowledge.
    • Smart marketing and personalized recommendations: AI-powered analytics enhances customer profiling and product recommendations, helping improve conversion rates while adapting to client needs.
    • Real-time compliance and risk management: The platform assists with regulatory compliance by offering full-process oversight, which is expected to reduce human errors and strengthen trust between insurers and clients.
    • Data-driven business optimization: AI continuously analyzes customer conversations, feedback, and market trends, offering actionable insights to improve operational efficiency.

    Building on Our Track Record in Insurance AI

    With deployments across both Asian and U.S. insurance markets, Helport AI continues to expand AI adoption in the financial services sector. The upgraded Insurance Edition represents a significant leap forward, as agencies increasingly turn to AI to improve efficiency, enhance customer experiences, and streamline compliance processes.

    “The insurance industry has long relied on experience-based decision-making, but AI is now reshaping the landscape,” said Guanghai Li, CEO of Helport AI. “With our enhanced Helport AI Insurance Edition, we aim to equip insurance professionals with AI-powered expertise that improves service quality, drives sales, and simplifies compliance. With the launch of the new Insurance Edition, we hope to bring a new wave of AI-driven transformation.”

    Expanding AI Across Industries

    Beyond insurance, Helport AI has deployed industry-specific AI solutions across Business Process Outsourcing (“BPO”) call centers, consumer financing and debt collection, mortgage lending, and government services. With a foundation in sector-specific AI models, the Company is actively exploring future applications in healthcare, human resources and recruitment, and real estate.

    AI-Powered Transformation for the Insurance Industry

    The launch of the enhanced Helport AI Insurance Edition is anticipated to further strengthen Helport AI’s position in AI innovation within the insurance sector. By leveraging its AI technologies, the Company expects to continue to reshape how insurers operate, helping them make data-driven decisions, automate complex processes, and elevate customer interactions.

    About Helport AI

    Helport AI (NASDAQ: HPAI) is an AI technology company dedicated to optimizing customer communication through its digital platform and intelligent software solutions. Offering enterprise-level customer contact services, Helport AI’s mission is to empower everyone to work as an expert. Learn more at www.helport.ai.

    Forward-Looking Statements

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

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

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

    The MIL Network –

  • MIL-OSI: Primech AI Launches Hytron Lite Smart Cleaning Robot — Optimized for Narrow Spaces and Speed

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, March 18, 2025 (GLOBE NEWSWIRE) — Primech AI Pte. Ltd. (“Primech AI” or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced the launch of its latest innovation, the Hytron Lite autonomous bathroom cleaning robot. This compact version of the successful Hytron robot is specifically engineered for smaller spaces while maintaining the advanced technological capabilities of its predecessor.

    The new Hytron Lite, featuring the powerful NVIDIA Jetson Orin Nano Super System-on-Module (SoM), represents a significant advancement in Primech AI’s mission to revolutionize the cleaning industry. At 30% smaller than the original Hytron, this compact model is specifically designed to address the unique challenges of urban environments where space is at a premium.

    [Images: Two Hytron robots featuring white and red design elements positioned side by side, showcasing the size difference between the original Hytron and the new Hytron Lite model. Both robots display articulated cleaning arms covered in white protective material.]

    “In developing the Hytron Lite, we drew inspiration from successful compact versions of popular technology products, similar to how Apple approached the iPhone SE,” said Charles Ng, Chief Operating Officer of Primech AI. “Our goal was to bring the same powerful cleaning capabilities to smaller spaces without compromising performance or technological sophistication.”

    The Hytron Lite leverages the same cutting-edge NVIDIA technology suite as its larger counterpart. At its core, the robot is powered by the NVIDIA Jetson Orin Nano Super, delivering enhanced AI processing and efficiency for optimal performance. This is complemented by the CUDA parallel computing platform, which easily handles complex computational tasks, while the CuDNN deep learning neural network library enables sophisticated decision-making capabilities. The system’s performance is further optimized through TensorRT for neural network deployment, with the NVIDIA Driver ensuring seamless integration across all components.

    Despite its reduced size, the Hytron Lite retains all the advanced features that made its predecessor successful. The robot employs sophisticated smart navigation and environmental sensing systems, operating with remarkable energy efficiency while enabling comprehensive remote monitoring capabilities. Its innovative design incorporates contact-based and contactless cleaning technology and enhanced 3D space cleaning capabilities, ensuring thorough sanitization of all surfaces. The addition of an interactive display interface provides intuitive user engagement and real-time status updates.

    The compact design of the Hytron Lite makes it an ideal solution for a wide range of urban environments. The robot excels in small public restrooms within shopping malls and easily navigates narrow bathroom facilities in office buildings. Its versatility extends to compact washrooms in hotels and restaurants, while its efficient operation proves particularly valuable in space-constrained transportation hubs. The adaptable design also makes it well-suited for educational institutions with varied facility sizes, ensuring effective cleaning solutions across different spatial configurations.

    “The introduction of the Hytron Lite demonstrates our commitment to innovation and adaptability in the cleaning industry,” added Mr. Ng. “By maintaining the same powerful NVIDIA technology in a more compact form factor, we’re ensuring that even the smallest facilities can benefit from our autonomous cleaning solutions.”

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

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

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

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

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

    The MIL Network –

  • MIL-OSI: LPL Welcomes Legacy Premier Wealth Management

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, March 18, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisors Larry Hubbard, APMA™, Craig Conner, CFP®, APMA™, ChFC®, BFA™, and Jade Maasch, CFP®, BFA™, APMA™, have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. They reported serving approximately $275 million in advisory, brokerage and retirement plan assets* and join LPL from Ameriprise.

    The advisors are longtime colleagues who teamed up to create a full-service wealth management firm dedicated to helping motivated clients understand their entire financial picture. Formerly Alliance Financial Partners, the team has rebranded as Legacy Premier Wealth Management with the move to LPL. They are based out of Greeley, Colo., and Cheyenne, Wyo., and are supported by Chief Operating Officer Rob Timme.

    “We’re passionate about helping create a lasting legacy for our clients and their families,” Hubbard said. “Our mission is to educate and empower our clients, helping them navigate financial decisions with confidence.”

    As the team continued to evolve, the advisors sought a new firm that would best support their vision for the future. Their due diligence process led them to LPL.

    “By making this move, we have the flexibility to grow the practice in a way that will be seamless and non-disruptive for clients and our staff,” Hubbard said. “LPL does not offer proprietary investment products, which allows us to provide the products and services our clients need. Additionally, we appreciate LPL’s size and scale, along with its integrated, open architecture platform where we can access everything we need with a single sign-on.”

    The team is committed to building long-term relationships with both clients and their communities. They actively volunteer with United Way of Weld County, Kiwanis, Muley Fanatic Foundation, Michael Ray Lee Foundation, Rocky Mountain Elk Foundation and American Cancer Society.

    Scott Posner, LPL Executive Vice President, Business Development, said, “We welcome Larry, Craig and Jade to the LPL community and congratulate them on the launch of Legacy Premier Wealth Management. Advisors who join LPL have access to dedicated support teams and integrated capabilities that allow them to run high-performing practices, maintain operational efficiency and focus on their clients. We look forward to supporting the entire Legacy team for years to come.”

    Related

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

    About LPL Financial

    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports nearly 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.7 trillion in brokerage and advisory assets on behalf of approximately 6 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

    Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor and broker-dealer, member FINRA/SIPC. Legacy Premier Wealth Management and LPL are separate entities.

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

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

    *Value approximated as reported to LPL

    Media Contact: 
    Media.relations@LPLFinancial.com 

    Tracking #707704

    The MIL Network –

  • MIL-OSI United Kingdom: Gaza airstrikes must be “wake-up call” for genocide complicity

    Source: Scottish Greens

    18 Mar 2025 External Affairs

    UK arms sales are causing death and destruction in Gaza.

    More in External Affairs

    The UK government must end its complicity in genocide and finally halt arms sales to Israel, says Scottish Greens co-leader Patrick Harvie following news that over 330 Palestinians were killed in airstrikes on Gaza last night.

    With warnings from the United Nations that the majority of people killed in the war in Gaza are women and children, the Scottish Greens have renewed calls for the UK government to terminate arms sales to Israel.

    Mr Harvie said:

    “Under the terms of the ceasefire deal, Israel should have been withdrawing from Gaza by now, but instead they have violated the ceasefire by carrying out nothing less than a massacre.

    “The scale of horror that Israel is inflicting must serve as a wake-up call to our governments to end their role in genocide, and hold the Israeli Government to account for its war crimes.

    “Continuing to arm and support Israel can only lead to further destruction and even more lost lives. It is civilians who are paying the devastating cost of collective punishment, mass displacement and the destruction of schools, hospitals and homes.

    “With a Trump administration that doesn’t even pretend to care about Palestinian rights, the Israeli Government is clearly feeling empowered and knows that they will face no consequences.

    “We cannot allow this to continue any longer. There is a moral obligation on all governments to stop arming Israel and instead hold them accountable for their actions.”

    Mr Harvie also called for the Scottish Government to stop all financial support for companies who are profiting from the war, after reports that Scottish Enterprise has given over £1 million to organizations that arm Israel since the start of the war.

    Mr Harvie added:

    “The Scottish Government has rightly condemned UK complicity, but time and again it has refused to end support for the companies who are enabling and profiting from the killing. It is time for them to put their money where their mouth is and end their hypocrisy.”

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Council cash boost welcomed for Health and Social Care partnership

    Source: Scotland – City of Aberdeen

    Aberdeen City Council’s budget approval of an additional £9.536 million in funding for the city’s Health and Social Care partnership was welcomed at today’s (Tuesday 18 March) meeting of the Integration Joint Board (IJB),

    The additional funding agreed at the Council’s Budget meeting on 5 March brings the local authority’s investment in the IJB to £140m for the coming 12 months and helps the Partnership balance its 2025/26 budget, deliver frontline services and transform its operations.  

    Councillor Alex McLellan, the Council’s Finance and Resources Convener, said: “Aberdeen City Council’s 2025/26 budget allocated a record £140 million, including an additional £9.5 million to protect services, to the Aberdeen City Health and Social Care Partnership to deliver health and social care services on behalf of the Council.”

    “These additional funds have ensured vital services, which are provided to some of the most vulnerable people in Aberdeen, by the Aberdeen City Health and Social Partnership are protected.   

    “There is clearly a need for the Integration Joint Board to go through a period of transformation, to reduce spend, embrace digital technology and find efficiencies but this approach needs to be a compassionate one and through a period of transition.” 

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Coventry food business sentenced for filthy conditions

    Source: City of Coventry

    A Coventry food business operator has been given a 12-month conditional discharge after pleading guilty to food hygiene offences.

    Mrs Liang Zheng, the former Food Business Operator of Chef Wang, 4 Torrington Avenue, Coventry pleaded guilty to 3 hygiene offences at Coventry Magistrates Court on 12 March 2025.  

    Mrs Zheng was given a 12-month conditional discharge and ordered to pay costs of £3,377.58 as well as a victim surcharge of £26.

    Food & Safety Officers visited the business to undertake an unannounced food hygiene inspection on 7 June 2023. During this visit, filthy conditions were found throughout the kitchen. The standard of cleaning was well below standard – both day to day cleaning such as touch points, as well as deeper cleaning.

    Officers found:

    • Wash hand basins were not in use, either being obstructed or not provided with soap and hygienic hand drying facilities.
    • Dirty and deteriorated cloths were in use for cleaning.
    • Staff not wearing clean protective clothing.
    • Flies throughout the food preparation and handling areas.

    Officers worked with the food business to ensure conditions were improved and it was safe to operate.

    On 27 July 2023 following a paid for request for a re-rating revisit, a rating of 3 (hygiene standards are generally satisfactory) was achieved.

    When questioned about the poor conditions found in June 2023, Mrs Zheng did not appear to understand the gravity of the situation and did not think the conditions found by officers were poor, thus demonstrating that Mrs Zheng’s baseline cleaning standards do not match those of food hygiene law.

    Mrs Zheng pleaded guilty to three offences under the Food Safety and Hygiene (England) Regulations in respect of the following identified issues:

    •         Failure to keep the premises clean.

    •         Failure to protect food from contamination.

    •         Failure to implement and maintain a permanent procedure or procedures based on the HACCP (Hazard Analysis of Critical Control Points) principles.

    The business has been subject to several inspections since the poor conditions were found in 2023.

    In June 2024, an unannounced food hygiene inspection led to a rating of 1 (major improvement is necessary) being issued and following payment for a rating revisit, a further unannounced inspection was carried out in August 2024 which resulted in a food hygiene rating of 4 (hygiene standards are good).

    Councillor Khan, Cabinet Member for Policing and Equalities said:

    “It is vital that people running food businesses in Coventry are running clean and safe establishments all of the time to ensure the safety of the food they sell to customers.”

    “This is a reminder to all Food Business Operators to ensure they have a clean kitchen with suitably trained staff undertaking regular and thorough cleaning every day to prevent a problem like this occurring and putting customers at a risk to their health”

    Davina Blackburn, Strategic Lead for Regulation and Communities in the city, said:

    “We take a staged approach to enforcement and prosecution is a matter of last resort. Wherever possible officers will always try to work with businesses offering advice and guidance but will take the necessary actions if they feel there is a risk to health.”

    We would encourage all residents to report unsatisfactory food hygiene conditions found in food businesses in Coventry to ehcommercial@coventry.gov.uk or call 08085834333.

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Developing new approaches and sharing experiences: NSU PISH held an interregional conference for teachers of additional education in the field of engineering

    Translartion. Region: Russians Fedetion –

    Source: Novosibirsk State University – Novosibirsk State University –

    March 17 NSU Advanced Engineering School “Cognitive Engineering” held an interregional conference “Engineering education in school: real cases and best practices”. The event was attended by more than 40 teachers of additional education from the Novosibirsk, Omsk and Irkutsk regions.

    The opening of the conference was addressed by the Director of the Advanced Engineering School of NSU, Sergei Golovin:

    — It is no secret that filling engineering activities with projects involving the real sector of the economy is what our state and region encourage, so that children, having entered universities and studied, become engineers who will create technological independence for Russia. The goal of today’s conference is to discuss how to properly build an engineering methodology in schools, how to involve local industry in projects, and decompose enterprise tasks for school projects. Today, NSU PISH presents the final of the additional professional education program for teachers and mentors who have already prepared their real cases, which they will implement in their territory.

    Leading experts in the field of additional secondary vocational education presented reports on best practices and modern approaches to the implementation of school engineering projects and the interaction of educational institutions with industrial partners. The main goal of the conference was to exchange knowledge and skills in the field of involving schoolchildren in engineering activities, as well as discuss strategies that contribute to the successful implementation of school projects and the establishment of strong partnerships with industrial companies.

    Among the leading speakers are Svetlana Yakovleva, Head of the Department of Educational Policy in the Sphere of General Education of the Ministry of Education of the Novosibirsk Region. The conference also featured Natalia Gornostaeva, Head of the Altair Regional Center, Maya Gichgeldieva, Director of the Education Foundation, and co-founder of the Garage Tesla project Sergey Salnikov.

    The representative of the Ministry presented general information on the development of engineering activities in the Novosibirsk Region. At present, there are 81 general education organizations in the region, where there are engineering classes. There are also 119 institutions of additional education in the Novosibirsk Region, where children can engage in technical creativity. Among them are children’s technology parks.

    Within the framework of the national project “Youth and Children”, 382 centers of education in natural sciences and technology were implemented, which covered more than 2,600 children. In 2024, on the basis of ten organizations of additional education, engineering and technical circles were created for joint educational and industrial activities of children and adults.

    Concluding her speech, Svetlana Yakovleva emphasized:

    — Technical education is certainly a priority in the education system of the Novosibirsk Region. I am confident that the support measures implemented by the Ministry of Education of the Region will improve the quality of training of graduates and engineering personnel for the industry of the Novosibirsk Region.

    An important part of the conference was the presentations by graduates of the program “Methodological and technical support for additional education programs for children in engineering, technology and natural sciences” from the Advanced Engineering School of NSU – these are teachers of additional education from the Novosibirsk and Omsk regions.

    The program graduates presented roadmaps for the comprehensive implementation of additional education programs in technical areas: microelectronics and unmanned systems. The teachers presented projects for the implementation of programs that will stimulate schoolchildren’s interest in engineering, and also shared plans for interaction with high-tech enterprises to set engineering tasks and adapt them for schoolchildren.

    Following the conference, proposals were formulated for further coordination of actions between representatives of additional education on the issue of developing engineering in the school environment.

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

    MIL OSI Russia News –

  • MIL-OSI: Delinea Nears $400M, Demonstrating Strong Growth In Securing AI with Advanced Identity Security

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, March 18, 2025 (GLOBE NEWSWIRE) — Delinea, a pioneering provider of solutions for securing human and machine identities through centralized authorization, today announced the close of its 2024 fiscal year with several key achievements, cementing its leadership in identity security. The company delivered annual recurring revenue (ARR) approaching $400 million, with recurring revenue now comprising 95% of Total GAAP Revenue. Additionally, Delinea continued to grow its SaaS ARR, representing the majority of total ARR, demonstrating the value its cloud-native platform brings to its customers, particularly as organizations require advanced identity security solutions to secure AI-driven systems.

    Delinea also continued to achieve an operating profile that reflects its ability to drive profitable growth, showcasing its strength in executing a sustainable business model. To build on this momentum and drive continuous innovation in a rapidly evolving market, the company is expanding its global footprint to Mexico City. This strategic investment allows the company to build centralized teams, increase capacity, and scale operations more efficiently, strengthening its position as a leader in identity security.

    “2024 was a transformative year for our industry, with AI rapidly reshaping how organizations operate and intensifying the need for advanced identity security,” said Art Gilliland, Chief Executive Officer of Delinea. “We’re committed to staying ahead of this shift, helping customers secure AI-driven systems and adapt to emerging threats. Expanding to Mexico City is a key part of our strategy to foster innovation, enhance collaboration, and scale operations, ensuring we continue to deliver the solutions our customers need to thrive in an evolving digital landscape.”

    To further accelerate its growth and innovation roadmap, Delinea has strengthened its leadership team with key executive hires:

    • Chris Kelly, President – A visionary leader with deep expertise in enterprise software growth and strategy, bringing valuable experience from his tenure at CyberArk.
    • Pierre Mouallem, Chief Information Security Officer (CISO) – A seasoned security expert dedicated to strengthening Delinea’s cybersecurity leadership with a proven track record from SailPoint.
    • Missy Ballew, Chief People Officer – An accomplished people leader with extensive experience scaling high-growth SaaS companies, including time at Hewlett Packard, focused on driving talent and culture to support Delinea’s expansion.

    “Our execution remains strong, driven by high market demand for our solutions,” said Stephanie Reiter, Chief Financial Officer at Delinea. “With ARR approaching $400 million and our SaaS business at the forefront, we are well-positioned to continue shaping the future of identity security for modern enterprises – especially as AI adoption accelerates.”

    To learn more about the Delinea Platform, visit: https://delinea.com/products

    About Delinea

    Delinea is a pioneer in securing human and machine identities through intelligent, centralized authorization. Our solutions empower organizations to seamlessly govern interactions across the modern enterprise, ensuring robust security while maintaining operational efficiency. Leveraging AI-powered intelligence, Delinea’s cloud-native Identity Security Platform applies context across the entire identity lifecycle — from cloud and infrastructure to data, SaaS, and AI – enabling real-time threat detection and rapid response. By securing all users and identities — including workforce, IT admin, developers, and machines — Delinea guarantees secure access regardless of location or device. With deployment in weeks, not months, 90% fewer resources to manage than the nearest competitor, and a guaranteed 99.99% uptime, Delinea delivers security and efficiency without compromise. Learn more about Delinea on delinea.com, LinkedIn, X, and YouTube.

    Media Contact 
    Justin Ordman
    Corporate Communications Director 
    justin.ordman@delinea.com 

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d824fd94-e074-4f61-a7ab-3951dbbc0d72

    The MIL Network –

  • MIL-OSI: Alto Ingredients, Inc. Directors to Not Stand for Reelection

    Source: GlobeNewswire (MIL-OSI)

    PEKIN, Ill., March 18, 2025 (GLOBE NEWSWIRE) — Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, today announced that two long-standing directors, Douglas L. Kieta and Michael D. Kandris, have decided they will not stand for reelection to the Alto Ingredients Board of Directors at the company’s 2025 Annual Meeting of Stockholders, scheduled for June 25, 2025.

    Bryon McGregor, President and Chief Executive Officer of Alto Ingredients said “Doug and Mike have been exceptional board members, and they have provided excellent service to the company and our stockholders. Doug’s depth and breadth of experience, intellectual curiosity, technical acumen, and unwavering determination has been pivotal to the many improvements and successes at Alto. Mike’s dedication to excellence as a board member, his sound leadership as Chief Operating Officer and CEO, and personal approach will leave an enduring positive impact on Alto’s culture and employees. On behalf of everyone at Alto Ingredients, I want to extend a heartfelt thanks to Doug and Mike for their remarkable years of service.”

    About Alto Ingredients, Inc.
    Alto Ingredients, Inc. (NASDAQ: ALTO) is a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients. Leveraging the unique qualities of its facilities, the company serves customers in a wide range of consumer and commercial products in the Health, Home & Beauty; Food & Beverage; Industry & Agriculture; Essential Ingredients; and Renewable Fuels markets. For more information, please visit www.altoingredients.com.

    Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
    Statements and information contained in this communication that refer to or include Alto Ingredients’ estimated or anticipated future results or other non-historical expressions of fact are forward-looking statements that reflect Alto Ingredients’ current perspective of existing trends and information as of the date of the communication. Forward-looking statements generally will be accompanied by words such as “anticipate,” “believe,” “plan,” “could,” “should,” “estimate,” “expect,” “forecast,” “outlook,” “guidance,” “intend,” “may,” “might,” “will,” “possible,” “potential,” “predict,” “project,” or other similar words, phrases or expressions. Such forward-looking statements include, but are not limited to, statements concerning Alto Ingredients’ projected outlook and future performance, including the timing and effects of its cost savings initiatives and its acquisition of a liquid carbon dioxide processor adjacent to its Columbia plant; Alto Ingredients’ capital projects, including its carbon capture and storage (CCS) project and opportunities to optimize carbon; and Alto Ingredients’ other plans, objectives, expectations and intentions. It is important to note that Alto Ingredients’ plans, objectives, expectations and intentions are not predictions of actual performance. Actual results may differ materially from Alto Ingredients’ current expectations depending upon a number of factors affecting Alto Ingredients’ business and plans. These factors include, among others adverse economic and market conditions, including for renewable fuels, specialty alcohols and essential ingredients; export conditions and international demand for the company’s products; fluctuations in the price of and demand for oil and gasoline; raw material costs, including production input costs, such as corn and natural gas; adverse impacts of inflation and supply chain constraints; and the cost, ability to fund, timing and effects of, including the financial and other results deriving from, Alto Ingredients’ repair and maintenance programs, plant improvements and other capital projects, including CCS, and other business initiatives and strategies. These factors also include, among others, the inherent uncertainty associated with financial and other projections and large-scale capital projects, including CCS; the anticipated size of the markets and continued demand for Alto Ingredients’ products; the impact of competitive products and pricing; the risks and uncertainties normally incident to the alcohol production, marketing and distribution industries; changes in generally accepted accounting principles; successful compliance with governmental regulations applicable to Alto Ingredients’ facilities, products and/or businesses; changes in laws, regulations and governmental policies, including with respect to the Inflation Reduction Act’s tax and other benefits Alto Ingredients expects to derive from CCS; the loss of key senior management or staff; and other events, factors and risks previously and from time to time disclosed in Alto Ingredients’ filings with the Securities and Exchange Commission including, specifically, those factors set forth in the “Risk Factors” section contained in Alto Ingredients’ Quarterly Report on Form 10-K filed with the Securities and Exchange Commission on March 13, 2025.

    Company IR and Media Contact:
    Michael Kramer, Alto Ingredients, Inc., 916-403-2755
    Investorrelations@altoingredients.com

    IR Agency Contact:
    Kirsten Chapman, Alliance Advisors Investor Relations, 415-433-3777
    altoinvestor@allianceadvisors.com

    The MIL Network –

  • MIL-OSI: Nasdaq Deepens Commitment to Texas with Additional Client Investment Across the Region

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, March 18, 2025 (GLOBE NEWSWIRE) — Today, at an event hosted by Nasdaq with Governor Greg Abbott, Ross Perot Jr., and top leaders across Texas, Nasdaq will affirm its deep commitment to Texas and its place as an epicenter of growth and innovation across the globe. Nasdaq will also announce plans to make additional investments in the state, designed to enhance the liquidity, transparency, and integrity of the financial ecosystem. These investments will support the broad range of Nasdaq’s clients in the region, including corporate issuers, financial institutions, asset managers and asset owners.

    Nasdaq currently generates over $750 million in revenues in Texas and the Southeast region of the U.S., partnering with over 2,000 clients, approximately 800 of which are based in Texas. Nasdaq is home to over 200 listed companies headquartered in the state, representing $1.98 trillion in market capitalization as of December 2024. As part of its continued investment in the region, Nasdaq will open a new regional headquarters in Dallas. The space will be a hub for Nasdaq clients and the wider community and will serve as a premium convening space to celebrate the leaders, entrepreneurs, and innovators that call the Lone Star State home.

    “Nasdaq is deeply ingrained in the fabric of the Texas economy, and we look forward to maintaining our leadership as the partner of choice for the state’s most innovative companies,” said Adena Friedman, Chair and CEO of Nasdaq. “Beyond our listings franchise, we are proud to support a wide network of clients who trust us to help solve their most complex challenges. With our regional headquarters in Dallas, we look forward to further deepening our relationships with clients and supporting the continued success of the Texas Miracle.”

    Nasdaq has a longstanding history of advocating for clients by minimizing the complexity associated with navigating the public markets. Its efforts for corporate issuers encompass addressing issues such as the SEC’s proposed climate disclosure rules, cyber disclosure rules, proxy advisory reform, AI regulation, PCAOB reforms, and emerging growth company timelines.

    “Under the leadership of Governor Abbott, the Texas Miracle has made Texas synonymous with innovation-led growth and smart regulation,” said Ed Knight, Executive Vice Chairman of Nasdaq. “We share his commitment to these principles and will continue to advocate passionately on our clients’ behalf. As a result, we will take any action needed to ensure our clients enjoy the same benefits as all other companies in the state.”

    Further remarks will be made at an event held later today to celebrate the legacy of Ross Perot Jr. and to discuss strategies for the state’s continued economic prosperity. Nasdaq will present Mr. Perot, Chairman of Hillwood and the Perot Companies, with the inaugural Nasdaq Lifetime Achievement Award. The award recognizes Mr. Perot’s unparalleled contributions to the Texas economy and his lasting impact on innovation, technology, economic prosperity, and community development.

    About Nasdaq
    Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.

    Media Relations Contact:
    David Lurie
    +1.914.538.0533
    David.Lurie@Nasdaq.com

    Michelle Mendiola
    +1.646.634.8350
    Michelle.Mendiola@Nasdaq.com

    Cautionary Note Regarding Forward Looking Statements
    This press release contains forward-looking information that involves substantial risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied by such statements. When used in this communication, words such as “will” and “look forward” and other words and terms with similar meaning and any other statements that are not historical facts are intended to identify forward-looking statements.   Such forward-looking statements include, but are not limited to, statements related to planned investments and their potential results. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq’s control. These risks and uncertainties are detailed in Nasdaq’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on Nasdaq’s investor relations website at http://ir.nasdaq.com and the SEC’s website at www.sec.gov. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

    The MIL Network –

  • MIL-OSI: Nydus Systems Informatica Acquired by Volaris Group

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, March 18, 2025 (GLOBE NEWSWIRE) — Volaris Group announced the acquisition of Nydus Systems Informatica. Based in São Paulo, Brazil, with a branch in Recife, Brazil, Nydus specializes in Human Resources Management Systems & Payroll solutions tailored to small-to-medium sized businesses across Brazil.

    “We are thrilled to welcome Nydus, a reputable company with more than 34 years in the marketplace!” says Ricardo Pinho, Volaris Group LATAM Group Manager. “With Nydus’ innovative HR solutions, engaged team and a shared commitment to excellence, we look forward to working together to enhance service for our clients, drive business growth and achieve success.”

    Founded in 1991 by Adalberto Argente and Lominita Silva, Nydus has evolved into a trusted leader in the Brazilian HR technology sector. Their platform simplifies payroll processing, benefits administration, and recruitment, ensuring compliance with Brazil’s LGPD regulations and union standards. Additionally, Nydus caters to the BPO market, providing comprehensive payroll outsourcing services.

    “After more than three decades of entrepreneurial journey, I realized that, although Nydus was constantly growing, we needed a new boost to expand our horizons. That’s when the opportunity to participate in Volaris’s Group acquisition process emerged, and throughout this journey, I became increasingly certain that I was on the right path,” explains Adalberto Argente, Nydus Founder, and CEO. “I am excited about the opportunity to join the Volaris Group and share experiences with other entrepreneurs in a global environment. Being part of such a solid organization can help accelerate our innovation process and take us to levels we’ve dreamed of reaching. Knowing that Nydus will have a permanent home within this esteemed organization gives me confidence that our legacy will be preserved and enhanced. Now, alongside Volaris’s Group leaders, we can continue to deliver exceptional value to our clients and partners, with even more resources and possibilities,” concludes Adalberto Argente.

    Nydus Systems Informatica will continue to operate under the leadership of CEO & Founder Adalberto Argente.

    About Nydus Systems Informatica
    Nydus serves a diverse clientele spanning various industries including construction, transportation, healthcare, business services and retail. In 2024, the company was nominated as a Best HR Supplier, a testament to its commitment to excellence.

    About Volaris Group
    Volaris acquires, strengthens, and grows vertical market technology companies. As an Operating Group of Constellation Software Inc., Volaris strengthens businesses within the markets they compete, enabling them to grow – whether that growth comes through organic measures such as new initiatives and product development, day-to-day business, or through complementary acquisitions. Learn more at www.volarisgroup.com.

    For more information:

    Ryan Hill
    Volaris Group
    Tel: +1 416-831-0305
    ryans.hill@volarisgroup.com

    The MIL Network –

  • MIL-OSI: RTI at Aerospace TechWeek 2025: Advancing Next-Generation Aviation and Defense Technology

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., March 18, 2025 (GLOBE NEWSWIRE) — Real-Time Innovations (RTI), the infrastructure software company for smart-world systems, will exhibit at Aerospace TechWeek 2025, held April 2-3 in Munich, Germany. At booth #K24, RTI will showcase Connext®, the proven software framework that powers secure, high-performance data exchange across avionics systems, unmanned platforms, and multi-domain defense networks. Schedule a meeting with the RTI team here.

    As military aircraft and defense platforms advance, seamless connectivity, interoperability, and mission-critical reliability are more essential than ever. Designed with open architecture principles, Connext supports FACE™, MOSA, SOSA, and Multi-Domain Operations (MDO) requirements—enabling real-time situational awareness, AI-driven decision-making, and scalable connectivity for airborne operations.

    In addition to the booth, RTI experts will present at the following speaking sessions:

    Session 1:

    • Panel Discussion: “Advancing Military Air Traffic Management through Enhanced Connectivity” with EUROCAE
    • When: 11:55 AM, April 2 | Connectivity Track
    • Speaker: Thijs Brouwer, Senior Field Application Engineer, RTI

    Session 2:

    • Presentation: Real-Time Mission Systems and Advanced Communications in Avionics
    • When: 2:00 PM, April 2 | Avionics Track
    • Speaker: Andre Odermatt, Principal Application Engineer, A&D, RTI

    Event Details
    What: RTI at Aerospace TechWeek Europe 2025, Booth #K24
    When: April 2-3, 2025
    Where: MOC – Event Center Messe München, Munich, Germany

    About RTI

    Real-Time Innovations (RTI) is the infrastructure software company for smart-world systems. RTI Connext® is the world’s leading software framework for intelligent distributed systems. Uniquely, Connext users can build systems that combine advanced sensing, fast control, and AI algorithms.

    With 2,000 customer designs, RTI excels at getting customers to production. RTI software runs over 300 autonomous vehicle programs, supports dozens of automotive ADAS and software-defined architectures, controls the largest power plants in North America, integrates over 500 major defense programs, drives a new generation of MedTech systems and robotics, and underlies Canada’s air traffic control and NASA’s launch control systems.

    RTI runs a smarter world.

    RTI is the market leader in products compliant with the Data Distribution Service (DDS™) standard. RTI is privately held and headquartered in Silicon Valley with regional offices in Colorado, Spain, and Singapore.

    Download a free trial of the latest, fully-functional Connext software today: www.rti.com/downloads

    The MIL Network –

  • MIL-OSI: Diamond Equity Research Releases Update Note on uCloudlink Group Inc. (NASDAQ: UCL)

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, March 18, 2025 (GLOBE NEWSWIRE) — Diamond Equity Research, a leading equity research firm with a focus on small capitalization public companies has released update note on uCloudlink Group Inc. (NASDAQ: UCL). The update note includes information on uCloudlink Group Inc.’s financial results, management commentary, recent developments, outlook, risks, and our revised valuation estimates.

    The update note is available below.

    uCloudlink Group Update Note March 2025

     

    Highlights from the note include:

    •UCL Announced Fourth Quarter and Fiscal Year 2024 Financial Results – uCloudlink reported total revenues of $26.0 million, up 19.5% year over year, compared to our estimate of $25.3 million. The increase was primarily due to a 60.9% YoY increase in product sales from an expanded product offering driven by the surging demand for the company’s data-related products. Overall gross margin was 43.0%, compared to 52.0% in Q4 2023. Total operating expenses grew from $12.1 million to $14.1 million, of which S&M expenses increased by 52.6% over the year as the company increased its investment in promotion and brand building in the B2C arena to gain exposure for its newly launched products. UCL’s net loss for Q4 2024 was $1.5 million, or $0.04 per basic and diluted ADS, compared to a net loss of $1.8 million, or $0.05 per basic and diluted ADS a year ago. For the fiscal year 2024, UCL continued its growth momentum with total revenues reaching $91.6 million, up 7.1% from $85.6 million in 2023, thanks to increased product sales as the company diversified its product offerings to meet market demand. Overall gross margin for 2024 was 48.4% vs. 49.0% in 2023, while total operating expenses increased from $37.9 million to $42.0 million, leading to a net income of $4.6 million, or $0.12 per basic and diluted ADS. UCL’s top-line growth was in line with our expectations. We see the company has the potential to continue this momentum by further diversifying its revenue streams through an expanded product range, while the increased investment in sales and marketing targets improved visibility and market share.

    •PetPhone, eSIM TRIO, and Further Innovations – uCloudlink showcased its latest innovations in connectivity at MWC 2025, including PetPhone, eSIM TRIO, CloudSIM Kit, and HyperConn® mobile Wi-Fi hotspot, which represent huge market opportunities. PetPhone, which is considered the world’s first pet smartphone, enables pet communication through AI-powered live calls, advanced safety through 6-tech global positioning, and tracking through AI health monitoring to achieve interaction between pets and their owners. eSIM TRIO, combining OTA SIM, eSIM, and CloudSIM provides improved connectivity with global coverage. CloudSIM Kit is a plug-and-play IoT solution delivering connectivity for IoT and smart devices. HyperConn® mobile Wi-Fi hotspot (MeowGo G50 Max), backed by HyperConn® technology, offers connectivity across broadband, Wi-Fi, 4G, 5G, and satellite networks. We view these innovations targeting large markets as potentially unlocking new revenue streams for UCL and  driving sales by expanding its user base and strengthening its market presence.

    •Valuation Update – Our valuation for UCL remains $10.00, combining discounted cash flow and comparable company analysis, which is contingent on the company maintaining its successful execution.

    About uCloudlink Group Inc.

    uCloudlink operates as an innovative mobile technology company that offers the world’s first and leading mobile data traffic sharing marketplace to users globally, with aggregated mobile data allowances from over 391 MNOs (mobile network operator) globally. Leveraging its integral cloud SIM technology, it allows users to enjoy a smooth mobile connectivity experience without limitation to one MNO. uCloudlink was incorporated in 2014 and is headquartered in Hong Kong.

    For more information, visit https://ucloudlink.gcs-web.com.

    About Diamond Equity Research

    Diamond Equity Research is a leading equity research and corporate access firm focused on small capitalization companies. Diamond Equity Research is an approved sell-side provider on major institutional investor platforms.

    For more information, visit https://www.diamondequityresearch.com.

    Disclosures:

    Diamond Equity Research LLC is being compensated by uCloudlink Group Inc. for producing research materials regarding uCloudlink Group Inc. and its securities, which is meant to subsidize the high cost of creating the report and monitoring the security, however the views in the report reflect that of Diamond Equity Research. All payments are received upfront and are billed for research engagement. As of 03/18/25 the issuer had paid us $140,000 for our research services, consisting of $20,000 for an initiation report and $15,000 for six update notes in the first year of coverage and $35,000 in the second, third and fourth year of coverage for update notes during the term, which commenced 06/01/2021 and is renewable annually. Diamond Equity Research LLC may be compensated for non-research related services, including presenting at Diamond Equity Research investment conferences, press releases and other additional services. The non-research related service cost is dependent on the company, but usually do not exceed $5,000. The issuer has not paid us for non-research related services as of 03/18/2025. Issuers are not required to engage us for these additional services. Additional fees may have accrued since then. Although Diamond Equity Research company sponsored reports are based on publicly available information and although no investment recommendations are made within our company sponsored research reports, given the small capitalization nature of the companies we cover we have adopted an internal trading procedure around the public companies by whom we are engaged, with investors able to find such policy on our website public disclosures page. This report and press release do not consider individual circumstances and does not take into consideration individual investor preferences. Statements within this report may constitute forward-looking statements, these statements involve many risk factors and general uncertainties around the business, industry, and macroeconomic environment. Investors need to be aware of the high degree of risk in small capitalization equities, including the complete loss of their investment. Investors can find various risk factors in the initiation report and in the respective financial filings for uCloudlink Group Inc. Please review the update report attached for the full disclosure page.

    Contact:

    Diamond Equity Research
    research@diamondequityresearch.com

    Attachment

    The MIL Network –