Category: Business

MIL-OSI Global: The king has a tricky diplomatic role to play in inviting Trump for a state visit

Source: The Conversation – UK – By Francesca Jackson, PhD candidate, Lancaster Law School, Lancaster University

As monarch, King Charles III is bound by constitutional convention to remain politically neutral. But that hasn’t stopped the UK government from deploying the king to advance its foreign policy agenda.

During their inaugural meeting, Keir Starmer presented Donald Trump with a letter from the king, inviting the president for a “truly historic” and “unprecedented” second state visit to the UK and a visit to the monarch’s private Balmoral residence.

Later that week, the government arranged for the king to meet Volodymyr Zelensky at the royal countryside retreat of Sandringham, to show support for the Ukrainian leader following his disastrous meeting with Trump.

The government is walking a tightrope: it wants to avoid tariffs from Trump, while continuing to support Zelensky and Ukraine. And it is using the king to help it do so.

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It is not unusual for governments to use monarchs to boost international relations, particularly through state visits. The monarch has a huge amount of soft power and the pomp and ceremony of a state visit can help governments achieve their foreign affairs aims.

State visits differ from regular diplomatic visits: they are the most formal way in which a foreign head of state can come to the UK, and happen just once or twice a year.

Visitors are greeted by the king and other members of the royal family with a ceremonial welcome accompanied by gun salutes on the Horse Guards Parade ground in London. They then travel back to Buckingham Palace in a carriage procession, where they enjoy a formal state banquet at which the monarch toasts the visiting head of state.

State visits are not cheap: Trump’s first visit cost £3.5 million in policing alone. But they can play a key role in diplomacy.

A state visit to France by Queen Elizabeth II in 1972 helped seal the deal on the UK’s third attempt at joining the the European Economic Community. And in 2024, the UK’s defence partnership with Qatar was “strengthened” following the state visit of the Qatari emir.

There is a danger that the monarch’s reputation is affected by hosting controversial heads of state. No doubt the palace PR team is less than enthused about the prospect of Charles being seen wining and dining Trump. The optics of hosting Trump during his first state visit reportedly put the late Queen Elizabeth in a “very difficult position”.

But monarchs have little (if any) influence over who they host for a state visit. Charles will have been advised by the government to invite Trump in accordance with the cardinal convention. This fundamental constitutional principle requires the monarch to act on the advice of the government.

Constitutional conventions are not legally binding. But in the UK’s constitutional monarchy, the monarch reigns but does not rule and power is exercised by democratically-elected ministers rather than the sovereign. Failure by the monarch to follow convention could spark a constitutional crisis, as fictional plays and dramas have long imagined.

A royal invitation.
Number 10 Flickr, CC BY-ND

This is why the late queen had to host some controversial and less-than-democratic figures. It even once led her to hide in a bush to avoid encountering Romanian dictator Nicolae Ceaușescu in the Buckingham Palace gardens.

And it is why Charles, on the government’s advice, will host Trump.

Laying on the royal charm

Usually, the public doesn’t see invitations for state visits, but we did see this particular letter. Signed “Yours most sincerely, Charles”, it feels particularly personal and designed to charm Trump, whose love of the British royal family is well known. The offer of an additional visit to Balmoral is a nod to the president’s mother, who was born in Scotland.

The king’s invitation seems to have done the diplomatic trick. Trump ended his meeting with Starmer by stating: “I think we could very well end up with a real trade deal where the tariffs wouldn’t be necessary”.

But the visit won’t be without controversy. In the days since, a petition asking for Trump’s invitation to be withdrawn has reached nearly 200,000 signatures. But Starmer has publicly dismissed calls to withdraw the invitation.

No doubt Charles himself is less than thrilled to invite the president, both after his recent behaviour towards Zelensky and his decision to pull the US from the Paris agreement, given the king’s advocacy on environmental issues.

Could the king raise such issues with Trump? Charles is bound by the doctrine of political neutrality: he must refrain from acting on political opinions. But that doesn’t mean there won’t be room for other senior royals not bound by the convention, like William, from doing so.

Indeed, as prince of wales, Charles himself showed opposition to controversial leaders, effectively boycotting Chinese state visits in 1999 and 2015 allegedly in support for the exiled Tibetan leader, the Dalai Lama.

The monarch plays an important diplomatic role, especially during state visits. While the leaders they host may be controversial, the monarch must respect constitutional boundaries. Nevertheless, with an outspoken king and heir, this visit could prove to be even more unprecedented than it already is.

Francesca Jackson does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

– ref. The king has a tricky diplomatic role to play in inviting Trump for a state visit – https://theconversation.com/the-king-has-a-tricky-diplomatic-role-to-play-in-inviting-trump-for-a-state-visit-251308

MIL OSI – Global Reports –

March 7, 2025
MIL-OSI Global: Russia launching ‘suicide missions’ across strategic Dnipro river as pause in US aid hampers defence

Source: The Conversation – UK – By Veronika Poniscjakova, Deputy Director, Porstmouth Military Education Team, University of Portsmouth

After publicly belittling Ukrainian president Volodymyr Zelensky in a White House meeting, Donald Trump has suspended US military aid to Ukraine and paused intelligence sharing. It is now clear that Ukraine is in trouble in both its political and military situations, and the latter will only worsen as the effects of the US aid suspension hit.

Trump’s outburst has, to some extent, reinvigorated European support for the war-torn country. But Zelensky’s recent statement that “Ukraine is ready to negotiate about an end to the conflict” suggests that he recognises how precarious the situation has become.

In Trump’s address to the US Congress on February 4, the US president welcomed this shift, and claimed that Russia was also ready for a truce.

What would a negotiated peace look like? The side that holds the upper hand, both politically and militarily, will have a stronger position at the negotiating table.

At the moment, the advantage is overwhelmingly with Russia, which is striving to press home its battlefield advantage and occupy as much territory as it can before a potential ceasefire. This is likely to mean a freezing of the conflict on its current lines of contact.

The war has now lasted more than three years, and since Ukraine’s failed summer 2023 counteroffensive, there have been no major changes on the battlefield, except for Ukraine’s incursion into Russia’s Kursk region in August 2024. Kyiv had hoped that seizing this territory could serve as a bargaining chip in future peace negotiations.

But even this has not gone according to plan, as Russia has been steadily reclaiming the area, aided by North Korean troops.

Recent battlefield developments reaffirm the ongoing stalemate. According to the Institute for the Study of War (ISW) (as of March 4), Russian forces continued offensives along various key strategic points in the east and south. While Russian advances continue to be slow, it’s a situation that could change quickly, particularly with the dramatic shutdown of US assistance.

One of the key areas where Russia is now putting intense pressure on Ukrainian troops is in the Kherson oblast in the south of the country. Russian forces are reportedly attempting to cross the Dnipro river, aiming to establish footholds on the west (right) bank at four locations to allow them a clear run at the strategically important port city of Kherson.

Russia has successfully negotiated river crossings during the three-year war, but this time, the situation seems more challenging. Recent reporting from the frontlines has described Russian assaults on Dnipro crossings as “suicide missions”, causing heavy Russian casualties.

A high Russian body count is nothing new in this conflict. But why is Russia willing to sacrifice so many of its soldiers, particularly when the political prospects favour Putin and the Russians?

Oleksandr Prokudin, the governor of Kherson, suggests that Russia is desperate to establish a foothold as crossing the Dnipro would open up Kherson oblast for further advances and could be used in negotiations to strengthen Russia’s claim over the entire region. The occupation of Kherson was listed by Russian defence minister, Andrei Belousov, as a key strategic goal for 2025.

Strategic barrier

Crossing the Dnipro will not be easy. Ukraine has tried and failed in the opposite direction on several occasions for example, in April and August 2023.

At that stage, as part of the (ultimately unsuccessful) spring-summer offensive, Kyiv hoped crossing the river would be a major breakthrough that would lead to easier access to Crimea. This now looks like a lost cause – at least militarily.

State of the conflict in Ukraine, March 5 2024.
Institute for the Study of War

The Dnipro is not only a natural barrier dividing the country into two parts. It’s also vital as a transport artery through the country and its dams provide energy.

Russia realises this, and it has seen the river as one of Ukraine’s “centres of gravity”. On day one of the invasion, Russian forces made a beeline for the Dnipro, crossing and taking up positions that they were later forced to abandon as Ukraine fought back.

Now, as Prokudin observed, Russia is once again throwing its troops at the river. A series of assaults in December 2024 were successfully repelled, but things have changed even in the few months since. Ukraine is in an increasingly difficult position.

Ukraine’s military is facing increasingly critical troop shortages and has a far smaller population to draw on than Russia – something which is beginning to tell.

And each day seems to bring further bad news. The US decision to pause intelligence sharing will mean its forces in the field will be virtually deaf and blind and at the mercy of Russian attacks on their positions (although there is reason to believe the pause may be reasonably shortlived).

But, with the decision to halt military aid, it’s an indication of the Trump administration’s determination to force Kyiv into a peace deal – whether or not it’s acceptable to Ukraine.

At this stage it looks almost inevitable that Ukraine will be unable to reclaim all the territory it has lost to Russia since 2014. Its best chance may be to secure what it still does control and go all-out to prevent further Russian advances. One of the ways it needs to do that right now is to ensure Russia does not establish a foothold across the Dnipro river.

Veronika Poniscjakova does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

– ref. Russia launching ‘suicide missions’ across strategic Dnipro river as pause in US aid hampers defence – https://theconversation.com/russia-launching-suicide-missions-across-strategic-dnipro-river-as-pause-in-us-aid-hampers-defence-251439

MIL OSI – Global Reports –

March 7, 2025
MIL-OSI Global: What climate vulnerability actually looks like

Source: The Conversation – UK – By Charlotte Kate Weatherill, Lecturer in Politics and International Studies, The Open University

Floods affected main roads in Norfolk, UK, in February 2024. mick wass photography/Shutterstock

The imagery of climate change matters. How we perceive the world affects how we perceive climate change, and how it will affect us – or whether it will affect us at all.

Imagery has long been understood as an important part of climate communication. Climate change is complex, and requires some simplification to be communicated widely. Yet, this process of simplification can rely too heavily on existing stereotypes, which can affect risk perception across different populations.

Think of climate vulnerability. This term describes who is likely to be negatively affected by climate change. Perceptions of vulnerability are affected by the images that are chosen to represent climate change. However, the images that are chosen also reflect our perceptions of who is vulnerable.

For example, sea level rise is often represented through aerial images of Pacific atolls and ice melt is made emotional through the use of polar bears. But which images are most often used to represent human vulnerability to climate change?

Search online for an image of climate victims and you are likely to see a photograph showing a stereotypical image of “brown women and children” standing in rising flood waters. Images like this show women and children, usually in Asia or Africa, looking distressed in a way that frames them as victims.

However, when searching by region, images of climate victims can look different. For example, compare the search for “climate victim Asia” and “climate victim UK”.

Fuli Khatun, a flood victim whose home was submerged in the 2019 floods in Bangladesh.
UN Women Asia and the Pacific, CC BY-NC-ND

The image above of of Fuli Khatan, a Bangladeshi flood victim, shows a woman experiencing a disaster. But the image below is very different. It shows Mary Long-Dhonau, a climate victim from the UK whose home has been flooded several times. She is looking directly at the camera, smiling slightly. She is not portrayed as a victim, but as a campaigner.

The difference in how these women are portrayed is effective in showing how climate vulnerability is understood. For the most part, the climate vulnerable are imagined to be women and children in the global south (developing countries in Africa, Asia and Latin America), due to their marginalised position within society.

In other words, the climate vulnerable are portrayed as the same people who are already considered vulnerable.

This framing makes climate change an issue that follows an established pattern of risk. It doesn’t seem like a new issue, but rather chalk on the white wall of other political issues such as development.

This overlap is partly the result of long-running and deeply embedded power inequalities that have made some people vulnerable in order to make other people wealthy.

However, this pattern is overstated and climate vulnerability extends beyond those we already understand as vulnerable. Last month, the European Copernicus climate service declared that 2024 was the first calendar year to pass the symbolic threshold of 1.5°C heating, as well as the world’s hottest on record. Every degree of heating means more people will suffer the effects of climate change.

These images also reflect the dominant understanding in the UK of climate change vulnerability as something that only happens elsewhere – in countries that are already vulnerable.

Climate is an ‘us’ problem

I’ve often encountered this issue in my research on the politics of climate vulnerability. My work questions the assumptions of climate change and vulnerability, tracing them back to understand the logics on which they rely. For example, the Pacific was described as vulnerable and doomed to not being habitable long before climate change became an issue.

At the same time, assumptions of safety are rooted in history. In developed societies, there is a popular narrative that affluence provides a shield, which assumes wealthier people will be better protected by default.

And yet, the UK is already experiencing climate change.

The UK’s rainfall intensity has increased markedly over the past 60 years, leading to an increase of extreme flooding events. The east coast is being eroded, and battling sea level rise. And the UK government’s climate change committee has argued that the UK has no credible adaptation plan.

Also, in an interconnected world, we have already experienced how shocks elsewhere can affect our food supply and gas prices. Even if the UK could escape the direct effects of climate change, it would still feel the consequences.

Our perceptions of vulnerability are so entrenched that even climate-related incidences in wealthy countries, like the recent floods in Valencia or wildfires in LA don’t lead to a change in narrative. In fact, climate activists continue to be criminalised.

Being aware of how images are used to influence our perceptions of vulnerability is an important step in changing the narrative. Climate change is already at levels at which we are all affected. We need to make this clearer.

The UK has an historical responsibility to mitigate but it also needs to take more steps towards adaptation to the climate change that is already locked in.

Speaking in February 2025, professor of energy and climate change Kevin Anderson described the future of humanity as a range of possibilities that goes from “dire consequences” to “catastrophic outcomes”. The higher temperatures are pushed past 1.5°C warming, the truer it is that nobody is safe.

Don’t have time to read about climate change as much as you’d like?

Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 40,000+ readers who’ve subscribed so far.

Charlotte Kate Weatherill does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

– ref. What climate vulnerability actually looks like – https://theconversation.com/what-climate-vulnerability-actually-looks-like-249422

MIL OSI – Global Reports –

March 7, 2025
MIL-OSI USA: District 98 Welcomes Military Readiness Heroes at Harrisburg Air National Guard

Source: US GOIAM Union

Two groups of Service Contract workers at an Air National Guard Base in Harrisburg, Pa., are now enjoying the benefits of IAM representation.

After organizing into the IAM, District 98 negotiated a strong first contract for a pilot, combat systems officer and load master who conduct MC-130 simulator training for service members. All three new members are military veterans, and one received a $12 an hour raise.

In addition, District 98 organized the simulator program’s technicians, who work for Delaware Resource Group (DRG). The IAM is currently working toward a first contract for the workers.

“We saw an opportunity to support our military and help our community and we took it,” said IAM District 98 Assistant Directing Business Representative Kermit Forbes. “We’re so proud to represent these groups and the critical work they do for our servicemen and women.”

All the workers support the 193rd Special Operations Wing, which in peacetime bolsters responses to natural disasters and homeland security operations. The unit has been deployed on several foreign combat missions, including throughout the Global War on Terror.

“The IAM continues to show why we are the premier union for Service Contract Act workers at military bases throughout the nation,” said IAM Eastern Territory General Vice President David Sullivan. “The men and women who support our military deserve top-notch treatment – and the IAM will always be there to fight for them.”

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MIL OSI USA News –

March 7, 2025
MIL-OSI Economics: MTN and Huawei signed an MoU to collaborate on the digital future for Africa

Source: Huawei

Headline: MTN and Huawei signed an MoU to collaborate on the digital future for Africa

[Barcelona, Spain, March 6, 2025] During the MWC Barcelona 2025, MTN Group and Huawei reaffirmed their long-term collaboration through a strategic Memorandum of Understanding (MoU). The agreement outlines a framework to explore opportunities in advanced connectivity solutions, cloud based technologies and digital infrastructure to drive sustainable digital development across Africa.
MTN Group and Huawei Strategic Partnership MoU Signing Ceremony

Mazen Mroué, Group Chief Technology and Information Officer of MTN, said: “At MTN, our focus is on delivering seamless, intelligent, and inclusive digital experiences for our customers across Africa. Through this collaboration with Huawei, we are exploring innovative solutions to enhance network reliability, improve service quality, and expand digital access for underserved communities. By leveraging advanced connectivity and cloud technologies, we aim to empower businesses, enrich customer experiences, and accelerate Africa’s digital future.”
Huawei’s Member of Huawei’s Supervisory Board and President of ICT Sales & Service, ICT Sales President Li Peng emphasised the collaboration’s transformative potential, “Our joint initiatives in 5G-Advanced networks and AI-powered cloud platforms will create a robust foundation for Africa’s digital economy. This partnership exemplifies our commitment to developing localised solutions that bridge both technological and skills gaps across the continent.”
This MoU marks a new phase in MTN and Huawei’s strategic collaboration going forward. Both companies will explore innovative solutions to accelerate Africa’s digital transformation and drive long-term digital economic growth.
MWC Barcelona 2025 is held from March 3 to March 6 in Barcelona, Spain. During the event, Huawei will showcase its latest products and solutions at stand 1H50 in Fira Gran Via Hall 1.
In 2025, commercial 5G-Advanced deployment will accelerate, and AI will help carriers reshape business, infrastructure, and O&M. Huawei is actively working with carriers and partners around the world to accelerate the transition towards an intelligent world.
For more information, please visit: https://carrier.huawei.com/en/events/mwc2025

MIL OSI Economics –

March 7, 2025
MIL-OSI United Kingdom: FMQs: Greens call for government action to tackle broken energy market

Source: Scottish Greens

06 Mar 2025 Housing

We need to fix the broken energy market and cuts bills.

More in Housing

The Scottish Government must take action to deliver the overdue Heat in Buildings Bill to tackle the climate crisis and reduce bills, says Scottish Green Co-leader Patrick Harvie.

In his first question to the First Minister, Mr Harvie said:

“In April, energy bills are set to rise for the third time in less than a year.

“People across Scotland are worrying about those bills, and at the same time energy companies are raking in vast profits at the expense of people and the planet.

“Our energy markets are broken. No doubt we could both say what we think the UK government should do to fix those markets, but the Scottish Government has also promised action which hasn’t happened.

“My last question to the FM was nearly three months ago. I asked him about his promise of a new law to end our reliance on gas for home heating – which is vital to tackling the climate emergency, and cutting people’s bills too.

“It was already overdue, without explanation, back in December. Now here we are in March; there’s still no legislation, and no explanation. Where is it?”

In his response the First Minister agreed with the principles of the Bill but did not confirm a timeline for its publication.

Asking his second question, Mr Harvie said:

“The government was already considering the consultation a year ago. The real concern is that they have been spending that time watering it down. That’s the fear that I have and that the industry has.

“The reality is that Scotland is already behind many other European countries on this. France and Germany have been accelerating their action dramatically in recent years. Scandinavian countries are decades ahead of us.

“The only way to catch up, and to give Scottish households the benefit of affordable, reliable heat and cutting the pollution that is destroying our environment, is for the government to act decisively and show clear leadership.

“But just as the Scottish Government has slowed down on other green measures, by hiking rail fares and watering down rent controls, progress on clean heat has stalled.

“Will the FM commit now to get this overdue legislation published this month, to give the clarity and leadership that has been lacking?”

MIL OSI United Kingdom –

March 7, 2025
MIL-OSI Security: Healthcare Providers and Laboratory Marketers Agree to Pay Over $1.9M to Settle Kickback Allegations
Source: Office of United States Attorneys

COLUMBIA, S.C. — Gerald Congdon, M.D., of Pawleys Island, South Carolina, Gbenga Aluko, M.D., of Charlotte, North Carolina, and Anup Banerjee, M.D., of Gastonia, North Carolina, and their medical practices, as well as Curis Healthcare Inc., of Chicago, Illinois, Omar Hussain, of South Miami, Florida, and Saeed Medical Group Ltd. d/b/a Alliance Immediate and Primary Care, of Chicago, Illinois, agreed to pay a total of $1,913,808 to resolve alleged False Claims Act violations arising from their involvement in laboratory kickback schemes. The parties have agreed to cooperate with the Department of Justice’s investigations of other participants in the alleged schemes.
The Anti-Kickback Statute prohibits offering, paying, soliciting, or receiving remuneration to induce referrals of items or services covered by Medicare, TRICARE, and other federally funded healthcare programs. The Anti-Kickback Statute is intended to ensure that medical providers’ judgments are not compromised by improper financial incentives and are instead based on the best interests of their patients.

The settlements announced today resolve allegations that healthcare providers received kickbacks in return for their referrals to a laboratory in Anderson, South Carolina, and that a marketer and his marketing company received kickbacks from that South Carolina laboratory to arrange for laboratory testing referrals, in violation of the Anti-Kickback Statute. The kickbacks allegedly resulted in the submission of false or fraudulent laboratory testing claims to Medicare and TRICARE in violation of the False Claims Act.
- Dr. Gerald Congdon, Coastal Urgent Care, LLC, and Coastal Wellness Center, LLC. Dr. Congdon and his medical practices in Pawleys Island and Myrtle Beach, South Carolina agreed to pay $400,000 to resolve allegations that from May 2016 to November 2021, they received thousands of dollars in remuneration disguised as purported office space rental and phlebotomy payments from the South Carolina laboratory in return for ordering testing.
- Dr. Gbenga Aluko and Eagle Medical Center, PC. Dr. Aluko and his medical practice in Charlotte, North Carolina agreed to pay $250,000 to resolve allegations that from May 2016 to November 2021, they received thousands of dollars in remuneration disguised as purported office space rental, phlebotomy, and toxicology payments from the South Carolina laboratory in return for ordering testing.
- Dr. Anup Banerjee and Gastonia Medical Specialty Clinic P.A. Dr. Banerjee and his medical practice in Gastonia, North Carolina agreed to pay $206,000 to resolve allegations that from April 2017 to November 2021, they received thousands of dollars in remuneration disguised as purported office space rental and phlebotomy payments from the South Carolina laboratory in return for ordering testing.
- Omar Hussain and Curis Healthcare Inc. Hussain and his marketing company agreed to pay $817,808 to resolve allegations that from April 2020 to August 2021, Hussain and his company received commissions from the South Carolina laboratory as independent contractors based on the volume and/or value of the Medicare and TRICARE referrals for laboratory testing that they arranged for and/or recommended.
- Saeed Medical Group Ltd., Omar Hussain, and Curis Healthcare Inc. Saeed Medical Group and Hussain and his marketing company agreed to pay $240,000 to resolve allegations that from April 2020 to August 2021, Saeed Medical Group received thousands of dollars in remuneration in the form of cash payments from Hussain and his company in return for ordering testing from the South Carolina laboratory.
“Integrity must be the standard in our health care system,” said Acting U.S. Attorney Brook B. Andrews for the District of South Carolina. “Kickback schemes divert funds and focus away from patients and their medical needs.”

“The public puts immense trust in medical professionals, and disdain for the rule of law damages that trust and erodes their credibility,” said Steve Jensen, Special Agent in Charge of the FBI Columbia field office. “These settlements should serve as a reminder that the FBI and its partners are committed to holding medical practitioners accountable for kickbacks.”

“Kickback schemes undermine medical decision-making and jeopardize the integrity of federally funded health care programs,” said Kelly Blackmon, Special Agent in Charge at the U.S. Department of Health and Human Services Office of Inspector General (HHS-OIG). “Our commitment is to safeguard taxpayer-funded health care and the patients who rely on it, and we will rigorously pursue any allegations of False Claims Act violations.”

“The trust of the American taxpayer and the wellbeing of our Service members are undermined when laboratories and physicians engage in collusive financial relationships,” said Special Agent in Charge Christopher Dillard, Department of Defense Office of Inspector General, Defense Criminal Investigative Service (DCIS), Mid-Atlantic Field Office. “DCIS will continue to work with our law enforcement partners to bring to justice medical providers who illegally enrich themselves by prioritizing kickbacks over patient care.”
The settlements were the result of a coordinated effort between the Civil Division’s Commercial Litigation Branch, Fraud Section and the U.S. Attorney’s Office for the District of South Carolina, with assistance from HHS-OIG, DCIS, and the FBI. The settlements announced today were handled by Senior Trial Counsel Christopher Terranova in the Civil Division’s Commercial Litigation Branch, Fraud Section and Assistant U.S. Attorney Beth C. Warren in the U.S. Attorney’s Office for the District of South Carolina. The United States previously resolved allegations that physicians in South Carolina, North Carolina, and Texas received kickbacks from the same South Carolina laboratory.

The government’s pursuit of this matter illustrates the government’s emphasis on combating healthcare fraud. One of the most powerful tools in this effort is the False Claims Act. Tips and complaints from all sources about potential fraud, waste, abuse, and mismanagement can be reported to the Department of Health and Human Services, at 1-800-HHS-TIPS (800-447-8477).

The claims resolved by the settlements are allegations only, and there has been no determination of liability.

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MIL Security OSI –
March 7, 2025
MIL-OSI: GRUPO FINANCIERO BANORTE to Present at the Banking Virtual Investor Conference March 6th
Source: GlobeNewswire (MIL-OSI)

MEXICO CITY, March 06, 2025 (GLOBE NEWSWIRE) — GRUPO FINANCIERO BANORTE (GBOOY), based in Av. Revolución N° 3000, Col. Primavera, Monterrey, N.L. C.P. 64830 Mexico, focused on Financial Services, today announced that Tania Martinez Lira, Investor Relations Director and that Corina Beltrán Medina, Investor Relations Deputy Director, will present live at the Banking Virtual Investor Conference hosted by VirtualInvestorConferences.com, on March 6^th, 2025

DATE: March 6^th
TIME: 2:30 – 3:00 pm ET
LINK: https://bit.ly/3DhRUj4

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

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

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

Recent Company Highlights
- Recognized by The Banker as the Best Bank in Mexico, Most Innovative Bank in Latin America, and Top 200 Banks in Latin America in 2024
- Recognized by World Finance as the Best Retail Bank and Best Corporate Governance in Mexico in 2024
- Recognized by Institutional Investor as the Most Honored Company, coupled with Best CEO, Best CFO, Best IRO, Best IR Team, Best IR program, Best ESG, Best Company Board of Directors, and Best Investor Day in 2024
- Recognized by Global Finance as Best Bank in Mexico 2024 and Best SME Bank 2025
- Recognized by Euromoney as Best Service-Domestic, Trade Finance in Mexico and Best Banks for SMEs in Mexico in 2024
- Recognized by TAB Global as one of the 1000 World´s Largest and Strongest Banks in 2024
- Silver winner at a worldwide level on the “HyperPersonalization” project in the category “Reimagining the Customer Experience” by Qorus-Infosys Finacle
- Recognized by Best Place to Work 2024, while incorporating our CEO and our CHRO in their “Best CEOs and Best CHROs” list
About [GRUPO FINANCIERO BANORTE]

Grupo Financiero Banorte (GFNorte), is a leading financial institution in Mexico, with the largest business diversification and continuously seeking ways to innovate in the financial sector, offering a wide variety of traditional and digital products and services, through its broker dealer, annuities & insurance companies, retirement saving funds (afore), mutual funds, leasing and factoring company, warehousing and recently announcing the inclusion of a digital bank.

Banorte is the second largest financial group in Mexico in terms of loan portfolio, the number two provider of loans to governments and the second largest bank in mortgage loans. In addition, the retirement fund administrator Afore XXI Banorte, of which GFNorte owns 50%, is the largest in the country in terms of assets under management.

Banorte is the only commercial bank, among the six largest institutions, whose decisions are made locally without the influence of external parent companies, which has proven to be an advantage in adapting with agility to the changes and alternatives presented by the country.

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

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

The MIL Network –
March 7, 2025
MIL-OSI: Digital Risk Inc. Launches Digital Footprint Exposure Assessment Tool to Combat Human Cybersecurity Risks
Source: GlobeNewswire (MIL-OSI)

LONDON, Ontario, March 06, 2025 (GLOBE NEWSWIRE) — Digital Risk Inc., a leader in cybersecurity solutions, is excited to announce the launch of its latest innovation, the digital footprint exposure assessment tool, designed to help organizations identify and mitigate cybersecurity risks linked to human behavior and digital presence.

With cyber threats becoming increasingly sophisticated, nearly 74% of data breaches involve human elements, including breaches, leaked data, compromised credentials, and online impersonations. The new tool empowers organizations to understand their digital footprint by providing a comprehensive analysis of online exposures, potential attack vectors, and targeted risks to key personnel.

“The reality is that humans are the weakest link in cybersecurity,” said Keith Murray, founder of Digital Risk Inc. “Our focus is on taking control of human cybersecurity risks by providing actionable insights that help organizations proactively safeguard their digital environments. Our tool allows companies to understand where they are vulnerable and take strategic steps to minimize risk.”

“It’s incredibly exciting to see a London-headquartered startup making an impact in one of North America’s top ten emerging tech markets. As a past Board Chair of TechAlliance, Keith Murray has been a dedicated leader in our innovation ecosystem, and we are thrilled to see him launch Digital Risk Inc. His focus on tackling human-centric cyber threats reﬂects the kind of forward-thinking innovation that strengthens our region’s reputation as a leader in cybersecurity,” says Christina Fox, CEO of TechAlliance.

The digital footprint exposure assessment tool scans publicly available information, social media proﬁles, and third-party data sources to provide real-time intelligence on digital footprint risks. It highlights critical exposures such as personal data leaks, compromised usernames and passwords, and potential online impersonations. By offering tailored remediation strategies, Digital Risk Inc. enables businesses to protect their brand, employees, and digital assets more effectively.

Key features of the digital footprint exposure assessment tool:
- Comprehensive Risk Analysis: Identiﬁes and evaluates digital exposures impacting the organization’s key personnel.
- Real-Time Threat Intelligence: Proactively interrogate digital footprints to detect potential exposures.
- Actionable Remediation Plans: Provides strategic steps to reduce risk and protect digital assets.
- User-Friendly Dashboard: Offers clear, concise reports and recommendations for decision-makers.
Digital Risk Inc. is committed to empowering organizations to “Know Your Risk, Control Your Exposure”, and this new tool is a critical component in the ﬁght against human-centric cyber threats.

For more information on the Digital Footprint Exposure Assessment Tool, visit digitalriskinc.com or contact Mike Sima at sales@digitalriskinc.com.

About Digital Risk Inc.
Digital Risk Inc. is a cybersecurity leader specializing in digital risk management solutions designed to protect organizations from human-centric cyber exposures. By leveraging advanced threat intelligence and risk assessment tools, Digital Risk Inc. helps businesses understand their digital footprint and safeguard critical assets.

Media Contact:
Mike Sima
VP, Sales & Marketing
Digital Risk Inc.
(647) 273-0488
sales@digitalriskinc.com

The MIL Network –
March 7, 2025
MIL-OSI: Solum Global Inc. and The Big Mig Media Co. Sponsor “The Crypto Power Hour” Show

Source: GlobeNewswire (MIL-OSI)

WEST PALM BEACH, FL, March 06, 2025 (GLOBE NEWSWIRE) — Solum Global, Inc. (“Solum Global, Solum or the Company”) is a transparent digital network with a fully decentralized, permissionless blockchain protocol that provides a seamless solution for the U.S. healthcare industry integrating artificial intelligence (AI), smart contracts, and Solum Global’s stablecoin (sgUSD) with a proprietary electronic health wallet (EHW), announced today the Company’s sponsorship of the Crypto Power Hour Show in conjunction with the Big Mig Media Co. production group.

The podcast will feature top cryptocurrency industry leaders, influencers, developers, educators, and regulators, offering unparalleled insights into the blockchain, decentralized finance, and digital assets. Broadcasting from their new state-of-the-art studio in West Palm Beach, Florida, this groundbreaking show is set to become the premier destination for current information on the state of the cryptocurrency industry. Discussion topics will feature global regulatory activities, digital currency investment strategies, emerging technologies, and blockchain developments.

“Crypto Power Hour” airs live every Wednesday and Friday at 3:00 p.m. Eastern. They will be co-hosted by Kirk St. Johns, a visionary founder of Solum Global, Antonia Moss, Chief Growth Officer, and Lance Migliaccio and George Balloutine, creators of “The Big Mig Show” podcast and known for their deep knowledge and no-nonsense approach to crypto and finance.

“We are incredibly excited to launch The Crypto Power Hour and bring this game-changing show to a global audience. Cryptocurrency and blockchain technology are reshaping the financial world, and this show will provide critical insights, strategies, and discussions for industry participants. Partnering with The Big Mig Media Co. and leveraging Rumble’s growing crypto vertical gives us the perfect platform to deliver unfiltered, high-impact content. We’re just getting started, and I can’t wait to share this journey with our viewers,” stated Kirk St. Johns, Co-founder of Solum Global.

About Solum Global Inc.
Solum Global is a transparent digital network with a fully decentralized, permissionless blockchain protocol for storing, trading, and transferring digital and real-world assets enabling immediate settlement between individuals, businesses, and governments. Utilizing cutting edge blockchain technology, artificial intelligence (AI), smart contracts, the company’s stablecoin (sgUSD) and a proprietary Electronic Health Wallet (EHW), Solum Global provides a seamless solution that addresses the significant challenges inherent in the U.S. healthcare industry. For more information, visit www.solum.global.

Forward-Looking Statements
Certain statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws. Words such as “may,” “might,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are based upon current estimates and assumptions. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are subject to various risks and uncertainties, including without limitation those set forth in the Company’s filings with the Securities and Exchange Commission. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

Investor Relations
Hanover International
ka@hanoverintlinc.com

Media Contact
media@solum.global

The MIL Network –

March 7, 2025
MIL-OSI: Development of Global Drone Operational Integration Expected to Spur Investment for U.S. Drone Manufacturing

Source: GlobeNewswire (MIL-OSI)

PALM BEACH, Fla. , March 06, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Shifting governmental policies are benefiting U.S. Drone Manufactures. AUVSI, an industry insider reported: “Programs focused on U.S.-made drone acquisition incentives, specifically grants, would signal to investors the market opportunity for U.S. drones, stimulating investment into U.S. drone and component manufacturing. According to a 2019 survey by Droneresponders, 92% of first responders in the U.S. are using drones made by China. This is a direct consequence of China subsidizing the drones, driving down costs, and a program to donate DJI drones to first responders. The Droneresponders survey also noted that 88% of first responder agencies would prefer to use U.S. drones; however, cost is a major factor in being able to transition away from the subsidized Chinese drones to market-based U.S. drones. U.S. Department of Transportation (DOT) programs that enable the use of drones for infrastructure inspection, such as the Every Day Counts (EDC) program, should incentivize the use of U.S. manufactured drones. It said that Congress should enact a new program designed to help industrial inspection companies engaged in critical infrastructure inspection transition from using Chinese drones to U.S.-made programs, which could reflect, in part, the Supply Chain Reimbursement Program as mentioned above for first responders.” Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQ: ZENA), Red Cat Holdings, Inc. (NASDAQ: RCAT), AgEagle Aerial Systems Inc. (NYSE: UAVS), L3Harris Technologies (NYSE: LHX), Unusual Machines (NYSE: UMAC).

AUVSI continued: “Again, the program should be funded appropriately to ensure that critical infrastructure owners and operators can begin to replace and upgrade drone fleets and U.S. domestic drone manufacturing can meet demand in terms of both production capability and drone reliability and capability.  The DoD must work with industry to overcome the acquisition challenges to get capable tools into the hands of warfighters faster, ensuring a strong U.S. industry for defense and commercial missions. The U.S. is falling behind other nations in the global effort to safely and efficiently integrate drones – which perform many lifesaving and critical industrial missions – into the airspace. Accordingly, the Federal Aviation Administration (FAA) must take steps to streamline approval processes and minimize the bureaucratic barriers to successful integration. Congress can assist by giving the FAA additional tools, authorities, and resources to accomplish this mission. Such tools should include mechanisms to help the FAA implement 2023 FAA Reauthorization efforts/mandates. Making progress on drone operational integration will spur investment into the drone industry, including manufacturing and workforce development in the United States.”

ZenaTech (NASDAQ:ZENA) ZenaDrone Benefits from New Chinese Tariffs Also Helping its Commercial and Defense Customer Markets – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, today announces an update on its US-based ZenaDrone subsidiary’s Arizona and Taiwan manufacturing supply chain strategy in light of the current economic changes and tariffs announced by the current US Administration. ZenaDrone will continue to source and manufacture drone cameras, sensors and other related components at its Taiwan-based Spider Vision Sensors company to reduce its supply chain risk and ensure NDAA-compliant parts for its US Defense-destined drone products, which will be manufactured in Arizona. The company also benefits from recent announcements doubling tariffs on Chinese imports including drones and parts from 10% to 20% which will negatively impact many US drone companies and customers given the drone industry dominance of China.

“The current administration’s focus on strengthening US manufacturing and reducing reliance on Chinese drone imports is a game-changer for American companies like ours. With increased tariffs on Chinese drones and components, and new incentives for domestic production, we are well positioned to expand our operations to manufacture in Arizona, also creating more high-quality American jobs. Since we’ve already initiated sourcing of our component parts from Taiwan instead of China, we can avoid supply chain disruptions while benefiting from potential US manufacturing tax breaks. We believe this makes our drones more competitive for both government and commercial markets,” said CEO Shaun Passley, Ph.D.

“This also puts us ahead of domestic competitors who may be facing challenges with supply chain instability and less access to cutting-edge technologies. By leveraging Taiwan’s capabilities and our focus on security and compliance, we’re poised to meet increasing defense demand while minimizing operational risks,” added Dr. Passley.

The Spider Vision Sensors Taiwan office opened in November 2024 to manufacture drone cameras, sensors, electronics, and components, including LiDAR (Light Detection and Ranging), thermal, infrared, and multi-spectral sensors, and circuit boards to incorporate into ZenaDrone’s finished products. Having in-house manufactured sensors and components will enable ZenaDrone to maintain a steady supply to fulfill customer drone order needs at its Sharjah, UAE manufacturing facilities as well as its future Arizona-based drone manufacturing facilities for US military-destined “Made in America” drones.

Taiwan was selected due to its size and skills as an electronics hub, and the availability of low-cost alternative components versus those from China. Spider Vision Sensors will ensure ZenaDrone’s products and supply chain are compliant with the US NDAA (National Defense Authorization Act) requirements necessary to do business with the US Military. This along with the Green UAS (Uncrewed Arial System) and the Blue UAS are important certifications ensuring cybersecurity and country of origin compliance for drone companies, which the company has stated it plans to achieve. Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

Other recent developments in the drone industry include:

Red Cat Holdings, Inc. (NASDAQ: RCAT), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, recently announced that its Black Widow drone and FlightWave Edge 130 were included on the list of 23 platforms and 14 unique components and capabilities selected as winners of the Blue UAS Refresh. The platforms will undergo National Defense Authorization Act (NDAA) verification and cyber security review with the ultimate goal of joining the Blue UAS List.

Over the coming months, the Blue UAS List and Blue UAS Framework will expand with new additions. The inclusion of the Black Widow and Edge 130 as winners of the Refresh further validates Red Cat’s commitment to delivering NDAA-compliant unmanned systems for defense and government applications.

AgEagle Aerial Systems Inc. (NYSE: UAVS), recently announced it has fulfilled the previously announced order for 60 RedEdge-P Multispectral Sensors from an East Asian value-added reseller (VAR).

AgEagle CEO Bill Irby commented, “Following the successful on-time completion of this, our largest sensor sale in AgEagle history, we look forward to building on this significant momentum. The achievement underscores our commitment to impeccable execution and reliability and further represents a landmark milestone in our strategic growth plan for 2025 and beyond. We look forward to continuing to enhance and scale our high-value intelligence, surveillance, and reconnaissance product offerings to military and commercial operations worldwide to effectively position AgEagle for long-term shareholder value creation.”

RedEdge-P Multispectral Sensors are NDAA compliant, high-resolution multispectral and RGB sensor featuring a high-resolution panchromatic band for pan-sharpened output resolutions of 2 cm / 0.8 in at 60 m / 200 ft. Its five narrow multispectral bands with scientific-grade filters make it the perfect camera for calculating multiple vegetation indices and composites.

L3Harris Technologies (NYSE: LHX) and Shield AI will collaborate on a demonstration to enable an electronic warfare (EW) operation with AI-enabled unmanned systems that will sense, adapt and act while simultaneously executing physical and electromagnetic movements.

L3Harris and Shield AI Team for Breakthrough in Autonomy – At the core of this effort is L3Harris’ Distributed Spectrum Collaboration and Operations, or DiSCO™, a software-defined Electromagnetic Battle Management ecosystem that can detect, collect and analyze known and unknown threat signals within minutes. This specific collaboration pairs DiSCO with Shield AI’s Hivemind.

Unusual Machines (NYSE: UMAC), a leading provider of NDAA-compliant drone components, has recently secured Red Cat Holdings as a customer for motors. This marks the company’s first partnership to develop motors built to a U.S. drone producer’s specific requirements. Red Cat will use three motor variants from Unusual Machines for one of its platforms designed for government and commercial applications.

Red Cat has placed its initial order, marking a significant milestone in Unusual Machines’ efforts to become a Tier 1 supplier of drone motors for American manufacturers. The motors will be among the first produced in Unusual Machines’ U.S.-based manufacturing facility, which is currently under development. In the interim, production will take place in a partnered facility that we believe will result in a seamless supply chain transition. Unusual Machines expects to begin delivering on Red Cat’s first order by the end of March.

About FN Media Group:

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

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

Contact Information:
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SOURCE: FN Media Group

The MIL Network –

March 7, 2025
MIL-OSI: Aimfinity Investment Corp. I Announces Extension of the Deadline for an Initial Business Combination to March 28, 2025

Source: GlobeNewswire (MIL-OSI)

Wilmington, Delaware, March 06, 2025 (GLOBE NEWSWIRE) — Aimfinity Investment Corp. I (the “Company” or “AIMA”) (Nasdaq: AIMAU), a special purpose acquisition company incorporated as a Cayman Islands exempted company, today announced that, in order to extend the date by which the Company mush complete its initial business combination from February 28, 2025 to March 28, 2025, on February 28, 2025, I-Fa Chang, manager of the sponsor of the Company, has deposited into its trust account (the “Trust Account”) an aggregate of $55,823.8, or for $0.05 per Class A ordinary share held by public shareholders (the “Monthly Extension Payment”).

Pursuant to the Company’s fourth amended & restated memorandum and articles of association (“Current Charter”), effectively January 9, 2025, the Company may extend on a monthly basis from January 28, 2025 until October 28, 2025 or such an earlier date as may be determined by its board to complete a business combination by depositing the Monthly Extension Payment for each month into the Trust Account. This is the second of nine monthly extensions sought under the Current Charter of the Company.

About Aimfinity Investment Corp. I

Aimfinity Investment Corp. I is a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The Company has not selected any business combination target and has not, nor has anyone on its behalf, initiated any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with it. While the Company will not be limited to a particular industry or geographic region in its identification and acquisition of a target company, it will not complete its initial business combination with a target that is headquartered in China (including Hong Kong and Macau) or conducts a majority of its business in China (including Hong Kong and Macau).

Additional Information and Where to Find It

As previously disclosed, on October 13, 2023, the Company entered into that certain Agreement and Plan of Merger (as may be amended, supplemented or otherwise modified from time to time, the “Merger Agreement”), by and between the Company, Docter Inc., a Delaware corporation (the “Company”), Aimfinity Investment Merger Sub I, a Cayman Islands exempted company and wholly-owned subsidiary of Parent (“Purchaser”), and Aimfinity Investment Merger Sub II, Inc., a Delaware corporation and wholly-owned subsidiary of Purchaser (“Merger Sub”), pursuant to which the Company is proposing to enter into a business combination with Docter involving an reincorporation merger and an acquisition merger. This press release does not contain all the information that should be considered concerning the proposed business combination and is not intended to form the basis of any investment decision or any other decision in respect of the business combination. AIMA’s stockholders and other interested persons are advised to read, when available, the proxy statement/prospectus and the amendments thereto and other documents filed in connection with the proposed business combination, as these materials will contain important information about AIMA, Purchaser or Docter, and the proposed business combination. When available, the proxy statement/prospectus and other relevant materials for the proposed business combination will be mailed to stockholders of AIMA as of a record date to be established for voting on the proposed business combination. Such stockholders will also be able to obtain copies of the proxy statement/prospectus and other documents filed with the Securities and Exchange Commission (the “SEC”), without charge, once available, at the SEC’s website at www.sec.gov, or by directing a request to AIMA’s principal office at 221 W 9th St, PMB 235 Wilmington, Delaware 19801.

Forward-Looking Statements

This press release contains certain “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, both as amended. Statements that are not historical facts, including statements about the pending transactions described herein, and the parties’ perspectives and expectations, are forward-looking statements. Such statements include, but are not limited to, statements regarding the proposed transaction, including the anticipated initial enterprise value and post-closing equity value, the benefits of the proposed transaction, integration plans, expected synergies and revenue opportunities, anticipated future financial and operating performance and results, including estimates for growth, the expected management and governance of the combined company, and the expected timing of the transactions. The words “expect,” “believe,” “estimate,” “intend,” “plan” and similar expressions indicate forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to various risks and uncertainties, assumptions (including assumptions about general economic, market, industry and operational factors), known or unknown, which could cause the actual results to vary materially from those indicated or anticipated.

Such risks and uncertainties include, but are not limited to: (i) risks related to the expected timing and likelihood of completion of the pending business combination, including the risk that the transaction may not close due to one or more closing conditions to the transaction not being satisfied or waived, such as regulatory approvals not being obtained, on a timely basis or otherwise, or that a governmental entity prohibited, delayed or refused to grant approval for the consummation of the transaction or required certain conditions, limitations or restrictions in connection with such approvals; (ii) risks related to the ability of AIMA and Docter to successfully integrate the businesses; (iii) the occurrence of any event, change or other circumstances that could give rise to the termination of the applicable transaction agreements; (iv) the risk that there may be a material adverse change with respect to the financial position, performance, operations or prospects of AIMA or Docter; (v) risks related to disruption of management time from ongoing business operations due to the proposed transaction; (vi) the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of AIMA’s securities; (vii) the risk that the proposed transaction and its announcement could have an adverse effect on the ability of Docter to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers and on their operating results and businesses generally; (viii): risks relating to the medical device industry, including but not limited to governmental regulatory and enforcement changes, market competitions, competitive product and pricing activity; and (ix) risks relating to the combined company’s ability to enhance its products and services, execute its business strategy, expand its customer base and maintain stable relationship with its business partners.

A further list and description of risks and uncertainties can be found in the prospectus filed on April 26, 2022 relating to AIMA’s initial public offering, the annual report of AIMA on Form 10-K for the fiscal year ended on December 31, 2022, filed on April 17, 2023, and in the registration statement on Form F-4/proxy statement (File No. 333-284658) filed by Purchaser on January 31, 2025, as amended (the “F-4”) in connection with the proposed transactions, and other documents that the parties may file or furnish with the SEC, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and Aimfinity, Docter, and their subsidiaries undertake no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

No Offer or Solicitation

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

Participants in the Solicitation

AIMA, Docter, and their respective directors, executive officers, other members of management, and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies of AIMA’s shareholders in connection with the proposed transaction. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of AIMA’s shareholders in connection with the proposed business combination is set forth in the F-4.

Contact Information:

Aimfinity Investment Corp. I
I-Fa Chang
Chief Executive Officer
221 W 9th St, PMB 235
Wilmington, Delaware 19801

The MIL Network –

March 7, 2025
MIL-OSI: GreyOrange to Showcase AI-powered Warehouse Orchestration at ProMat 2025
Source: GlobeNewswire (MIL-OSI)

ATLANTA, March 06, 2025 (GLOBE NEWSWIRE) — GreyOrange Inc., a global leader in software for robotics-led warehouse automation, invites ProMat attendees to experience the future of intelligent warehouse orchestration firsthand. From March 17-20 at McCormick Place in Chicago, visitors to booths N8101 and N8107 will witness how GreyMatter, the company’s AI-powered orchestration platform, seamlessly integrates with a diverse fleet of partner robots to optimize fulfillment efficiency, accuracy, and scalability.

“As supply chains face rising complexity and labor shortages, businesses need solutions that increase throughput, reduce costs, and deliver real-time adaptability,” said Akash Gupta, Co-Founder and CEO of GreyOrange. “At ProMat, attendees will see our vendor-agnostic GreyMatter platform in action—coordinating multiple robotic systems with AI-driven intelligence to transform warehouse efficiency.”

Experience AI-powered warehouse orchestration in action. GreyOrange will offer live demonstrations that showcase end-to-end fulfillment orchestration:
- GreyMatter Software Experience – Attendees can interact with real-time warehouse simulations, tracing an order’s journey from inbound receiving to outbound shipping, while seeing how AI dynamically optimizes tasks.
- GreyMatter driven orchestration of Rack-to-Person (RTP) and Tote-to-Person (TTP) Hybrid Picking – Maximizes storage density 4-5x, handling diverse product sizes with seamless fulfillment from both mobile storage units (MSUs) and totes at a single station.
- GreyMatter powered Relay Pick AS/RS Solution – Showcasing high-speed automated storage and retrieval, using synchronized tote movement for enhanced throughput and adaptability.
- Orchestration of Autonomous Mobile Robot (AMR) Forklifts using GreyMatter – Demonstrating plug-and-play automation for case picking, deep storage, cross-docks, and forward-pick zones across multiple warehouse levels.
Discover the power of AI-driven fulfillment orchestration by visiting GreyOrange at booths N8101 and N8107. Attendees can also schedule a private demo or meeting by visiting https://www.greyorange.com/event/promat-march-17-20-2025/.

To learn more about GreyMatter and GreyOrange’s partner AMRs, visit www.greyorange.com.

About GreyOrange
GreyOrange Inc. is at the forefront of AI-driven robotics systems, transforming distribution and fulfillment centers worldwide. Its emphasis on orchestration, innovation, and customer satisfaction marks a new era in efficient, responsive supply chain solutions. The company’s solutions offer a competitive advantage by increasing productivity, empowering growth and scale, mitigating labor challenges, reducing risk and time to market, and creating better experiences for customers and employees. Founded in 2012, GreyOrange is headquartered in Atlanta, Georgia, with offices and partners across the Americas, Europe, and Asia. For more information, visit www.greyorange.com.

Media Contact
Leah R H Robinson, APR
LeadCoverage
leah@leadcoverage.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0e55b77c-b42b-44f7-ae5e-5e758833840b

The MIL Network –
March 7, 2025
MIL-OSI Global: Vaping hits alarming levels among South African teens – new study of fee-paying schools
Source: The Conversation – Africa – By Sam Filby, Research Officer, Research Unit on the Economics of Excisable Products, University of Cape Town

It’s become common to see kids, some in their school uniforms, puffing on a vape.

The World Health Organization points to the enticing flavours and targeted marketing to young people as the key reasons behind this trend.

In the US, e-cigarettes are the most commonly used tobacco product among middle and high school students aged 12 and older, with 5.9% of students reporting use.

Surveys from the UK indicate that 20.5% of children (aged 11–17) have tried vaping, and that 7.6% of children currently vape. Similar usage rates ranging from 3.3% to 11.8% have been found in south-east Asia. Evidence on vape use among adolescents living in Africa is more scarce.

We are public health researchers who have studied the phenomenon in South Africa. Our latest study, published in The Lancet’s eClinical Medicine, found that vaping among South African pupils is sky high. We surveyed over 25,000 South African high school students across 52 schools in eight of South Africa’s nine provinces.

An estimated 16.8% of the sampled learners currently use e-cigarettes.

Research has shown conclusively that children should not use these products because of the health risks.

Our findings in South Africa show that high rates of adolescent vaping are not restricted to high income countries.

Harmful impact on young minds and bodies

In a 2016 report, the US surgeon general called vaping among young people an “urgent public health problem”.

One reason for this is that these products commonly deliver nicotine. Nicotine use during adolescence harms the developing brain, with potential long-term effects on learning, memory and attention.

Nicotine is also an addictive substance. Addictive behaviour in general is associated with the development of mental illness, further fuelling the mental health problems experienced by some adolescents.
Substance abuse can lower their inhibitions, leading to increased high-risk behaviours.

Non-nicotine vapes are also bad for health. The chemical composition of specific flavours such as cherry, cinnamon and vanilla have also been shown to cause damage to the lung lining and blood vessels.

The rising popularity of e-cigarette use among adolescents globally should make helping young people with quitting vapes a priority.

Surveying South African schools

We approached schools predominantly in major centres like Cape Town, Johannesburg, Pretoria and Durban. All were “fee-paying” schools. We were not able to include less well resourced schools without easy internet access or non-fee-paying schools.

We categorised the schools into three brackets:
- lower-fee schools: annual fees between R20,000 and R40,000 (US$1,100-2,100)
- medium-fee schools: annual fees between R40,000 and R90,000 (US$2,100-4,800)
- high-fee schools: annual fees more than R90,000 (over US$4,800).
Around 17% of pupils in our sample attended lower-fee schools, 64% attended mid-fee schools, and 19% attended high-fee schools. Around 31% of learners attended co-ed schools, 41% attended all-boys’ schools, and 29% attended all-girls’ schools.

Students were asked about their use of four products in the 30 days preceding the survey: e-cigarettes, tobacco cigarettes, cannabis and hookah pipes.

Students who indicated that they currently vaped were asked additional questions
about their vaping history and habits. We also asked students about their
reasons for starting and continuing to vape.

Using this data, we studied e-cigarette use, nicotine dependence, and the mental
health and social stressors associated with vaping among a large sample of South
African high school learners.

Alarming rates

Our study found that 16.8% of high school learners we surveyed were currently using e-cigarettes. There were far lower rates of tobacco cigarette use (2%), cannabis use (5%) and hookah pipe use (3%).

The proportion of learners reporting e-cigarette use increased by grade: around 9% of grade 8 students reported using vapes, but this rose sharply to an average of 29.5% among grade 12 pupils (who will turn 18 in their final school year). Some schools had usage rates as high as 46% among grade 12 pupils.

Among the learners who indicated that they vaped, 38% vaped daily, and more than half of the learners in our sample reported that they vaped four or more days per week.

Around 88% of pupils reported using vapes that contained nicotine. About 47% reported that they vaped within the first hour of waking up – this is highly suggestive of nicotine addiction. We estimate that up to 61% of high school learners who vape could be seriously addicted to nicotine.

Why adolescents start and continue vaping

We found that the primary reasons for starting vaping differed from the main reasons for continuing to vape.
- Just over half (50.6%) of the students who vaped cited social influences
  (family, friends, peer pressure, the need to fit in) as reasons for starting. Around 20% of learners indicated that they’d started vaping to cope with stress and anxiety, while 16.2% said they had started out of general curiosity.
- Common reasons cited for continuing their vape use were to cope with
  anxiety, depression or stress (28.4%), or because they were addicted (14.9%).
Some learners explicitly stated addiction in their reasoning:

It’s an addiction, no matter what I try I can’t stop. (female, 17)

Others described it more as a habit:

It has become a habit. I have to consume something constantly. (female, 18)

Less than 10% of students identified social influences as the reason they continued to vape.

Around 46% of students did not list addiction as a reason for continuing to vape, although their reported vaping habits aligned with patterns typically seen in individuals who are highly addicted. This suggests that many learners in our sample may lack awareness of what constitutes addiction.

Read more:
South Africa’s new vaping tax won’t deter young smokers

What needs to be done

Our research underscores the urgent need for a coordinated public health response
to address the vaping crisis among high school learners.

The South African government must pass the Tobacco Products and Electronic
Delivery Systems Control Bill. This legislation will ensure that vapes cannot be sold near schools or online.

The restrictions on the advertising of vaping products provided for in the bill may aid with this as well as the deglamorisation of vaping among young people – reducing the general curiosity that leads many young people to begin in the first place.

The dangerous myth that “vaping is safe” also needs to be debunked.

Finally, we need to help addicted teenagers to stop vaping.

Punishing students for vaping is unlikely to be an effective strategy. Parents must be more aware of the signs of vaping and the underlying issues driving it.

Healthcare professionals should ask young people about their vape use during routine checkups.

And school counsellors should teach coping strategies to help teens navigate life’s challenges.

Sam Filby receives funding from the African Capacity Building Foundation and Cancer Research UK and has previously received funding from the CDC Foundation and the US Department of State.

Richard van Zyl Smit does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

– ref. Vaping hits alarming levels among South African teens – new study of fee-paying schools – https://theconversation.com/vaping-hits-alarming-levels-among-south-african-teens-new-study-of-fee-paying-schools-244843
MIL OSI – Global Reports –
March 7, 2025
MIL-OSI Global: Why does Ethiopia have earthquakes and volcanoes? A geologist explains
Source: The Conversation – Africa – By Gemechu Bedassa Teferi, Lecturer, Department of Geology , Addis Ababa Science & Technology University

A swarm of earth tremors and fears of volcanic eruptions in January forced tens of thousands of people to move away from Awash Fentale, an area in the Afar region of Ethiopia. The area falls within a geologically active region of the Great Rift Valley that has experienced a number of earthquakes and volcanic events in the last 800 years. Two major volcanic eruptions occurred in 1250 and 1820 AD.

What’s unfolded in Fentale in 2025 is part of an ongoing process millions of years in the making, deep under the earth’s surface. Scientists see it as a fascinating natural laboratory that will culminate in a north-south continental split – and ultimately create a new ocean – along the great East African Rift Valley. Gemechu Bedassa Teferi, a researcher who studies the volcanoes of the Main Ethiopian Rift, unpacks what’s behind the recent events.

What causes tremors and volcanic eruptions in this region of Ethiopia?

Eighteen million years ago, the continents broke apart to form the Red Sea and the Gulf of Aden. Around 11 million years ago, a crack formed deep under the present Afar Depression, an area of north-east Ethiopia.

The region sits on a hot, semisolid layer called the mantle. This mantle is constantly in motion due to the heat from the deeper part of the earth. One result is that the heated semi-solid rock (molten rock) can be forced up from the mantle and erupt through the weak spots in the earth’s crust. This is called a volcanic eruption.

Deep beneath the surface, the molten rock is also enabling a parallel process of the ground moving apart. This creates a gap – called a rift – which is eventually filled by the molten rock. The friction created results in rocks suddenly breaking and releasing enormous amounts of energy. The released energy radiates outward in the form of seismic waves like ripples on water, causing the ground to shake. This is what is felt as the so-called earthquake.

The Afar region is one of the most volcanically and tectonically active areas in the world.

The ongoing events in Fentale, as well as the Dofan area to the north, are the most recent in the history of molten material rising to the surface as parts of the earth’s crust move apart from each other.

No volcanic eruption has occurred in the most recent events. But more than 200 quakes with a magnitude of more than 4 have been recorded in the last five months. The strongest of these measured at 6 on the Richter scale.

The swarm of earthquakes damaged dozens of buildings, schools, roads and factories. Most residents in the capital, Addis Ababa, which is nearly 190km away from the epicentre (starting point for an earthquake), also felt the tremor.

The strongest earthquake since 1900 – in 1989 – had a magnitude of 6.5 on the Richter scale. This is strong enough to damage old buildings or those not built to withstand earthquakes.

The last volcanic eruption at Fentale occurred in 1820. Based on historical records and global trends, an earthquake is a common precursor to volcanic eruptions. This has fuelled fears that recent earthquakes could signal eruptions at two nearby active volcanoes.

What can scientists learn from the current events?

Satellite radar images of the Fentale area revealed that the earthquakes in the region are due to hot molten rock pushing its way up from about 10km below Awash Fentale.

What could follow is complex and depends on several factors, such as:
- the temperature of the molten material – the hotter it is, the more easily it flows
- the viscosity (how thick it is) – thicker molten rock flows slowly
- the strength of the surrounding material – strong, resistant rocks around the hot molten rock can resist the pressure to rise.
Three scenarios could possibly play out under Fentale.

The first possible outcome is the cooling of the molten rock. That would lead to the formation of a dense, solidified rock material.

The second is that the molten material could cause an eruption after forcing its way vertically to the surface or moving laterally underneath the earth’s surface.

Read more:
Ethiopian earthquakes and volcanic eruptions: earth scientist explains the link

Under the third scenario, the super hot molten rock may also propagate laterally, interacting with other molten materials. This could eventually lead to either cooling or a massive volcanic eruption.

Still, there are other unknown factors that could affect these potential processes in a geologically dynamic region.

This calls for better predictions to mitigate future hazards. Scientists suggest that scientific monitoring techniques should be employed. These include volcanic gas measurement, onsite GPS monitoring, and geophysical study. Equally important is the collaborative effort of scientists and government officials to create a communication channel to engage the at-risk community.

Gemechu Bedassa Teferi does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

– ref. Why does Ethiopia have earthquakes and volcanoes? A geologist explains – https://theconversation.com/why-does-ethiopia-have-earthquakes-and-volcanoes-a-geologist-explains-250688
MIL OSI – Global Reports –
March 7, 2025
MIL-OSI Global: Death by firing squad set to resume in the US – but no matter the method, all means of execution come with a troubling history

Source: The Conversation – USA – By Austin Sarat, William Nelson Cromwell Professor of Jurisprudence and Political Science, Amherst College

The firing squad chair in which Brad Sigmon will be strapped before three volunteers shoot him dead. South Carolina Department of Corrections via AP

Barring any late developments, the U.S. is set to see its first execution by firing squad in 15 years on March 7, 2025.

Photos released by the South Carolina Department of Corrections suggest that the prisoner, Brad Sigmon, will be strapped to a metal seat in the same small death chamber that has been the location of the state’s other executions by means of the electric chair and lethal injection. Sigmon, who was sentenced to death in 2002 for the brutal killing of his ex-girlfriend’s parents with a baseball bat, chose death by firing squad over other forms of execution under a 2021 law that allows inmates that option.

According to the state’s firing squad protocol, the condemned man will have a hood put over his head and a target placed on his heart. Three volunteers will then shoot him from a distance of 15 feet. They will stand behind a wall with a small opening.

But this method of execution has raised concern over the safety of observers of the execution. Meanwhile, others object to the use of a firing squad as a relic of a brutal past not fitting for modern times.

As someone who has studied execution methods in the U.S., I see the resumption of death by firing squad as part of a morbid search for “better” execution methods. It comes amid concern over botched lethal injection attempts and a scarcity of the drugs needed to carry out such executions.

In 2020, the first Trump administration expanded how federal execution can be carried out to include ghoulish methods such as hanging, the electric chair, gas chamber and, indeed, the firing squad.

But revisiting all methods reveals a checkered history. Each has, at one time or other, been touted as humane only to be sidelined because its use was found to be gruesome and offensive. Given that history, there are questions over whether the resumption of death by firing squad can serve any purpose other than continuing a death penalty system deemed to be a cruel outlier among modern societies.

The noose and the chair

Let’s start with hanging.

Hanging was the execution method of choice throughout most of American history, and it was used in America’s last public execution in 1936, when Rainey Bethea was put to death in Owensboro, Kentucky. When done correctly, the noose killed by severing the spinal column, causing near instantaneous death.

A large crowd watches as attendants adjust a black hood over Rainey Bethea in 1936.
AP File Photo

But, all too often, hanging resulted in a slow death by strangulation and sometimes even a beheading. Given this gruesome record and hanging’s association with the lynching of mainly Black men, by the end of the 19th century the search for other execution methods began in earnest.

The first of those alternatives was the electric chair. At the time it was adopted, it was regarded as a truly modern instrument of death, a technological marvel in the business of state killing. Hailed by penal reformers as a humane alternative to hanging, the electric chair was first authorized in 1888 by New York state following the report of a commission that concluded: “The most potent agent known for the destruction of human life is electricity. … The velocity of the electric current is so great that the brain is paralyzed; it is indeed dead before the nerves can communicate a sense of shock.”

Yet, right from the start, electrocution’s potency was a problem. Its first use in the 1890 execution of convicted murderer William Kemmler was horribly botched. Reports of the execution say that “after 2 minutes the execution chamber filled with the smell of burning flesh.” Newspapers called the execution a “historic bungle” and “disgusting, sickening and inhuman.”

In spite of the Kemmler debacle, the electric chair quickly became popular, being seen as more efficient and less brutal than hanging. From the start of the 20th century until the 1980s, the number of death sentences carried out by this method far outstripped those of any other method.

But electrocutions continued to go wrong, and eventually several dramatic botched executions in Florida helped turn the tide. Included were two executions – one in 1990, the other in 1997 – in which the condemned inmates caught fire.

The gas chamber

By the start of the 21st century, states all over the country were abandoning the electric chair. As Justice Carol W. Hunstein of the Supreme Court of Georgia explained, “Death by electrocution, with its specter of excruciating pain and its certainty of cooked brains and blistered bodies,” was no longer compatible with contemporary standards of decency.

A gas chamber at San Quentin prison from 1959.
AP Photo/Clarence Hamm

One alternative to electrocution was the gas chamber, but it too has its own history of problems. First adopted in Nevada in 1922, executions using lethal gas were to take place while the condemned slept. Death row inmates were supposed to be housed in airtight, leak-proof prison cells, separate from other prisoners. On the day of the execution, valves would be opened that would fill the chamber with gas, killing the prisoner painlessly.

This plan was soon abandoned because officials decided it would be impractical to implement it, and states constructed special gas chambers fitted with pipes, exhaust fans and glass windows on the front and back walls for witness viewing. But deaths by lethal gas were never pretty or easy to watch.

Inmates regularly fought against breathing the gas as it entered the chamber. They convulsed, jerked, coughed, twisted and turned blue for several minutes before they died.

Far from solving the problems associated with hangings or electrocutions, lethal gas introduced its own set of horrors to the institution of capital punishment. In fact, by the end of the 20th century, 5% of executions by lethal gas had been botched.

As a result, states used gas as the sole method of execution only from 1924 to 1977, and it was last used in 1999. By then, the gas chamber had become a relic of the past because of its inability to deliver on its promise to be “swift and painless” and its association with the Nazi use of gas to kill millions during the Holocaust.

Lethal injection

Lethal injection was first considered by the state of New York in the late 1880s when it convened a blue ribbon commission to study alternatives to hanging. During deliberations, Dr. Julius Mount Bleyer invited the commission to envision a future in which a person condemned to death “could be executed on his bed in his cell with a 6-gram injection of sulfate of morphine.”

But it wasn’t until 1977 that Oklahoma became the first state to introduce the method.

Right from the start, administering lethal injections proved to be a complex procedure that was difficult to get right. In fact, during the first use of lethal injection by Texas in 1982, the team responsible repeatedly failed to insert an IV into a vein in the condemned man’s arm, splattering blood onto the sheet covering his body.

Part of the problem is that medical ethics do not allow doctors to take part in choosing the drugs or administering them. In the place of doctors, prison officials are responsible for the lethal injection procedure. In addition, dosages of the drugs used are standardized rather than tailored to the needs of particular inmates as they would be in a medical procedure.

Despite the effort to medicalize executions, the history of lethal injection has been anything but smooth, sterile and predictable. In fact, my research reveals that of the 1,054 executions carried out from 1982 to 2010 using the standard three-drug lethal injection protocol, more than 7% were botched.

And as states, faced with a scarcity of the drugs needed, have experimented in finding new ingredients, my research shows that botched executions have occurred as much as 20% of the time.

The firing squad

Finally, the firing squad. Of all of America’s methods of execution, it has been least often used. From 1900 to 2010, only 35 of America’s 8,776 executions were carried out using this method, and since 1976 just three people have faced a firing squad, with the last one carried out in Utah in 2010.

The execution chamber at Utah State Prison used in the United States’ last firing squad execution.
AP Photo/Trent Nelson

Critics point out that because death by guns evokes images of raw, frontier justice in a society awash in gun violence, this method mimicked something that the law wished to discourage. Nonetheless, Utah revived the firing squad in 2015 due to challenges to the state’s lethal injection protocol.

While it has some contemporary proponents who claim it is the least cruel of all execution methods, the history of the firing squad is marked by gruesome mistakes when marksmen missed their target. In the 1951 execution of Eliseo Mares, for example, four executioners all shot into the wrong side of his chest, and he died slowly from blood loss.

A cruel history, revived

While authorities in South Carolina allow for death by firing squad, it cannot erase the cruelty that marks the method’s history – nor that of other means of execution.

That history stands as a reminder of America’s failed quest to find a method of execution that is safe, reliable and humane.

This article contains sections previous published in The Conversation articles from Dec. 4, 2020 and Nov. 30, 2022.

Austin Sarat does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

– ref. Death by firing squad set to resume in the US – but no matter the method, all means of execution come with a troubling history – https://theconversation.com/death-by-firing-squad-set-to-resume-in-the-us-but-no-matter-the-method-all-means-of-execution-come-with-a-troubling-history-251579

MIL OSI – Global Reports –

March 7, 2025
MIL-OSI Africa: KCB Group and Bank of Kigali launch Pan-African Payment and Settlement System (PAPSS), enabling seamless and affordable cross-border payments across Africa

Source: Africa Press Organisation – English (2) – Report:

CAIRO, Egypt, March 6, 2025/APO Group/ —

The Pan-African Payment and Settlement System (PAPSS), launched by African Export-Import Bank (Afreximbank) (www.Afreximbank.com) in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, has recorded a significant milestone in its journey towards enhancing financial integration and economic prosperity across Africa with the official launch of the platform by KCB Group in Kenya and Bank of Kigali in Rwanda.

The launches, by the Bank of Kigali in Kigali on 26^th February and KCB in Nairobi on 27^th February, made the two banks the first in their respective countries to integrate the transformative system into their operations, underscoring their commitment to championing intra-African trade and supporting the efforts of the AfCFTA.

KCB and Bank of Kigali customers will now be able to send and receive cross-border payments using PAPSS. The service is fully operational and accessible via the banks’ mobile applications and branch networks, enabling seamless transactions across African borders. With this launch, businesses and individuals can benefit from faster, more cost-effective, and secure payments without relying on correspondent banks or third-party currencies.

Highlighting the benefits of PAPSS to customers of KCB and Bank of Kigali, Mike Ogbalu III, CEO of PAPSS, said, “The customers will experience faster, more cost-effective, and secure cross-border transactions from the comfort of their banks’ mobile applications or through their branches. Businesses can trade more freely and competitively by eliminating the need for correspondent banks outside the continent and removing dependencies on third-party currencies. This transformation is set to unlock new opportunities for trade and investment, allowing African SMEs to access broader markets and contribute to local economies.”

Mr. Ogbalu III expressed deep gratitude to KCB and Bank of Kigali for their pioneering roles in adopting the PAPSS initiative and commended Paul Russo, KCB Group CEO, and Dr. Diane Karusisi, CEO of Bank of Kigali, “for their “visionary leadership and unwavering commitment”.

He noted that the PAPSS network, which began in 2022 in a pilot phase across the West African Monetary Zone (WAMZ), had successfully grown to include 15 central banks, over 150 commercial banks, and 14 switches, adding that the current “expansion marks a significant stride toward our goal of connecting the entire continent, ensuring that every African citizen can benefit from seamless, cost-effective cross-border transactions”.

“With only 16 per cent of Africa’s total trade occurring intra-regionally, the launch of PAPSS in Kenya and Rwanda is a significant step in unlocking the continent’s potential,” continued Mr. Ogbalu III. “We believe that this innovative financial market infrastructure will facilitate greater trade opportunities, economic growth, and financial empowerment between the Eastern African countries and the rest of Africa.”

He called on other central and commercial banks in Eastern Africa to join the PAPSS family in order to play a pivotal role in the AfCFTA as it worked to build a more prosperous and unified Africa.

Speaking on the milestone, KCB Group CEO, Paul Russo, said: “We want to play a bigger role in catalyzing trade and payments in Africa and beyond, leveraging our digital capabilities and regional footprint. Our entry into PAPSS aligns perfectly with our strategy of supporting economic growth in Kenya and across Africa by facilitating seamless financial transactions.”

Dr. Diane Karusisi, CEO of Bank of Kigali, highlighted the significance of the partnership: “This system allows people to send money quickly. For example, if someone sends Rwandan francs from Rwanda, it can reach Ghana in their local currency. The system converts the currency to meet the local requirements. Entrepreneurs in Rwanda can now receive payments instantly in Rwandan francs or USD from any member country. This service is fast, affordable, and reliable.”

MIL OSI Africa –

March 7, 2025
MIL-OSI United Kingdom: Staffordshire woman prosecuted for not removing illegal waste
Source: United Kingdom – Executive Government & Departments

Press release

Staffordshire woman prosecuted for not removing illegal waste

The Environment Agency has successfully prosecuted a 43-year-old Staffordshire woman for failing to remove illegal waste from land in Lichfield, Staffordshire.
A pile of waste at the site.

Calls from members of public prompts Environment Agency investigation

Hundreds of tonnes of waste stored on rented land in Lichfield

Case heard at Cannock Magistrates Court on Tuesday 4 March 2025

At Cannock Magistrates Court on 4 March 2025, Lissa Appleby, of Nankirks Lane, Anslow, near Burton-upon-Trent, pleaded guilty to a single offence and was fined £550. She was also ordered to pay a victim’s surcharge of £220.

The court was told that officers from the Environment Agency visited the address she was renting at Mill Farm, Cappers Lane, Whittington, Lichfield on October 13, 2023. The visit came following calls from members of the public regarding waste issues. The address consisted of a domestic property, large grounds and a barn.

Inside the barn several hundred tonnes of dry shredded waste was discovered, containing plastic sheeting, plastic textiles, metals, wood and cardboard.

Following a period of rainfall, the defendant was initially requested to move the waste from outside to inside the barn area as a temporary measure. This was to stop further leachate contamination.

She was also given guidance that an environmental permit would be required for the activities carried out or for the waste to be removed by a person who held the correct waste carriers’ licence.

The Environment Agency issued a letter to immediately cease activities at the property, believing she was operating an illegal waste site.

Officers visited the site again on 26 October 2023 and found that the waste remained. Some had been put inside the barn, although there was still a large pile outside.

The defendant said she could not afford to clear the site.

Officers served a notice on the defendant, instructing her to remove all the waste on site by 3 January 2024.

However, a further site visit on 10 January 2024 found the waste remained.

On 31 January 2024, the defendant vacated the property, informing the letting agents she would clear all the waste within a two-week period.

But on 29 February 2024, another visit by the Environment Agency confirmed that all the original waste remained on site. Plus additional waste had been deposited within the barn.

A spokesperson for the Environment Agency said:

This site posed a significant environmental threat due to the high risk of fire and potential impact to local communities and amenities.

As a regulator, the Environment Agency will not hesitate to pursue people that fail to meet their obligations.

Failure to comply with these legal requirements is a serious offence that can damage the environment, harm human health and undermine local legitimate waste companies. 

If anyone is suspicious of waste activities they should call our 24/7 hotline on 0800 80 70 60 or Crimestoppers anonymously and in confidence on 0800 555 111.

Background

Lissa Appleby, on 4 January 2024, being the occupier of land, namely Mill Farm, Cappers Lane, Whittington, Lichfield, WS14 9JW, failed without reasonable excuse to comply with a notice dated 13th November 2023 to remove controlled waste from the land contrary to section 59ZB(2) and 59ZB(6) of the Environmental Protection Act 1990.

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Published 6 March 2025
MIL OSI United Kingdom –
March 7, 2025
MIL-OSI: SSRG Completes Majority Acquisition of OHM Security Ltd

Source: GlobeNewswire (MIL-OSI)

VANCOUVER, British Columbia, March 06, 2025 (GLOBE NEWSWIRE) — Scarlet Security & Risk Group (SSRG) further advances its vision of adding value in more ways in more places, by its majority acquisition of award-winning Ontario-based systems integrator provider, OHM.

SSRG has seen significant growth, both organically and through acquisition, over the last five years. This includes its recent purchases of Fusion Security in British Columbia and now OHM Security Ltd in Ontario. The expansion into the Ontario market is the first step of many more to be taken in the coming years.

All OHM staff and management will join the SSRG team, working alongside SSRG’s executives and subject matter experts. OHM’s founder Maurice Daoust and partner Dan Daoust will continue as shareholders and in leadership roles heading up our Ontario systems integration business.

Patrick Doyle, SSRG CEO commented, “This mutually beneficial deal creates a formidable partnership; building on and further expanding our integrator capabilities achieved during our Fusion acquisition in April of 2023”. Mr. Doyle went on to say, “Our approach of adding value and focusing on quality first, fits seamlessly with OHM as does our core values and culture”.

Maurice Daoust of OHM commented “OHM’s longstanding commitment has been to deliver prompt, personalized, and satisfying service above all else, regardless of the circumstances. Our decision to maintain partial ownership and partner with SSRG will only strengthen our continued growth. SSRG’s management expertise and financial backing will empower OHM’s technical department to expand and take on larger projects while maintaining the high quality and service levels we’ve upheld for the past 32 years.”

SSRG aims to be a major consolidator of the quality firms who bring an intimate understanding of their operating environments but may lack the scale to compete on much larger enterprises and national contracts. SSRG seeks to become the Canadian firm of choice for discerning owners seeking scale, succession, growth and the support and capacity of joining a larger team with a local approach.

Final Image Inc. were exclusive advisors to the transaction.

About Scarlet Security & Risk Group:

SSRG is one of Canada’s leading security solutions companies. We provide a variety of client-centric security, technology and risk management solutions to our partners and clients. Our diverse, highly qualified team members and relentless commitment to excellence provide superior results for our clients.

OHM Security Ltd:

OHM is an established Security Systems Integrator located within the GTA and has been servicing the greater Ontario since 1992. OHM employs a solid team of professionals with an average of 30 years’ experience.

With a diversified portfolio of products and services, the company has successfully positioned itself as a stable and reliable systems integrator with an impressive list of long-term clients—an impeccable reputation for product quality, solutions, installation, and preventative maintenance programs within the industry.

For additional information:

The MIL Network –

March 7, 2025
MIL-OSI: Cloud Computing Expert Kelsey Hightower to Speak at HAProxyConf 2025
Source: GlobeNewswire (MIL-OSI)

NEWTON, Mass. and SAN FRANCISCO, March 06, 2025 (GLOBE NEWSWIRE) — HAProxy Technologies, the company behind HAProxy One, the world’s fastest application delivery and security platform, announced today that Kelsey Hightower will deliver a keynote address at HAProxyConf 2025. Attendees can register now to book tickets at the limited early bird price of $350, and secure their place at the global HAProxy community event. This marks the first time in the conference’s history that the event will be held in the United States, having previously been in The Netherlands and France.

“HAProxy showcases community at its best,” said Kelsey Hightower. “They’ve been dedicated to open source for more than two decades – longer than some of us have been in this field! I’ve watched them grow and adapt over the years as an active member of the broader ecosystem and this project is the very definition of sustainability.”

Kelsey Hightower, a well-known technologist and contributor to cloud computing, open source software, and Kubernetes, will deliver the opening keynote to kick off two days of expert speakers from across the open source and enterprise landscape.

“HAProxy users are creative, dedicated, and possess incredible community spirit, which shines through every time at HAProxyConf,” said Dujko Radovnikovic, CEO, HAProxy Technologies. “The conference attracts world leaders in application delivery and security, and Kelsey is a perfect example – his unique voice has helped shape the cloud-native systems that have transformed the way we build and deploy applications over the last decade. You won’t want to miss it.”

Kelsey Hightower’s cloud-native expertise aligns with the interests, challenges, and goals of the HAProxy user community. Over half of HAProxy users reported using Kubernetes in a 2022 user survey, demonstrating its rapid growth as a deployment method for modern containerized applications. HAProxy plays a key role in this environment by ensuring performance, reliability, and security at the edge. In the last 12 months, the company achieved several notable milestones in the Kubernetes market segment:
- HAProxy became a G2 category leader in Container Networking
- HAProxy Fusion 1.3 added near-instant configuration generation from service discovery registries, with minimal overhead
- HAProxy Technologies became a Gold Member of the Cloud Native Computing Foundation (CNCF) and is a Diamond Sponsor of KubeCon London 2025
- HAProxy Technologies became a Docker Verified Publisher, providing an authoritative source for HAProxy’s Docker images.
“Kelsey’s presence at HAProxyConf underscores the company’s explosive growth over the last few years,” said Tim Bertrand, President of HAProxy Technologies. “As organizations of all types and sizes navigate the evolving challenges of security, AI, Kubernetes, and more, HAProxy Technologies is delivering the technology leadership and world-class experience needed to stay ahead. If you want to see it for yourself, make sure you’re at HAProxyConf this June.”

About HAProxyConf

HAProxyConf celebrates the thriving user community that’s made HAProxy the world’s fastest and most widely used software load balancer. Over two-plus days, expert speakers will share best practices and real-world use cases that highlight HAProxy’s next-gen approach to high-performance application delivery and security. Attendees will explore how to master their application traffic with next-gen solutions to the challenges of multi-layered security, observability, performance, and the complexities of Kubernetes and multi-cloud deployments.

Registration and the Call for Papers are open for HAProxyConf 2025. Early bird tickets are $350, regular tickets are $450, and workshop add-ons are $100.

For more information, visit www.haproxyconf.com or review the best HAProxyConf presentations from prior years in the HAProxy User Spotlight Series.

About HAProxy Technologies

HAProxy Technologies is the company behind HAProxy One, the world’s fastest application delivery and security platform, and HAProxy, the most widely used software load balancer. Leading companies and cloud providers trust HAProxy to simplify, scale, and secure modern applications, APIs, and AI services in any environment. HAProxy Technologies is headquartered in Newton, MA, with multiple offices across the US and Europe. Learn more at HAProxy.com.

For questions or comments, please contact press@haproxy.com.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d384ec8c-c41f-4942-8554-e4d4f5410d3a

The MIL Network –
March 7, 2025
MIL-OSI: CrowdStreet Celebrates Two C-Suite Executives Named to The Top 50 Women Leaders in Financial Technology of 2024 Ranking

Source: GlobeNewswire (MIL-OSI)

NEW YORK, March 06, 2025 (GLOBE NEWSWIRE) — CrowdStreet, a leading platform for direct-access private market investing, today announced that two of its executive leaders have been honored with placement in The Financial Technology Report’s Top 50 Women Leaders in Financial Technology of 2024. This recognition celebrates the exceptional achievements of women driving innovation and progress in the fintech industry.

Chief Financial Officer Genni Combes and General Counsel & Chief Compliance Officer Kristen Howell have both been honored for their leadership, industry insights, and contributions to the company, and their impact across the fintech industry. They join a list of industry-leading women from other top companies including Consero, Finastra, and NMI.

As CFO at CrowdStreet, Combes has been a driving force in shaping the company’s financial strategy and operations. Her strategic insights have helped establish the company’s financial foundation, enabling it to scale and navigate a competitive and fast-paced market. As General Counsel & Chief Compliance Officer, Howell has played a key role in evolving CrowdStreet’s business model and product offerings, working to ensure compliance with complex regulatory laws. Her knowledge in legal and regulatory matters has allowed CrowdStreet to consistently scale its operations. Combined, the two have over three decades of experience that will enable CrowdStreet to grow, evolve, and thrive in the alternatives market that is expected to reach $29T by 2029 .

“We are incredibly proud of Genni and Kristen for receiving this well-deserved recognition,” said John Imbriglia, CEO of CrowdStreet. “Their leadership has been instrumental in helping CrowdStreet thrive as a category leader for direct-access alt investing. This honor underscores their relentless dedication to excellence and their commitment to serving as shining lights for the next generation of female leaders.”

The Top 50 Women Leaders in Financial Technology list is curated annually by The Financial Technology Report and recognizes women who have significantly shaped the fintech industry. Winners were selected through a comprehensive vetting process that examined candidates’ professional milestones achieved, demonstrated domain prowess, and longevity in the fintech field. The award leaders have demonstrated outstanding vision, innovation, and impact in the fintech sector.

The private market investing landscape is growing, yet institutions still primarily control access to these opportunities and the vast majority of products created by investment firms are only available to financial advisors. CrowdStreet’s seasoned team of professionals provides these opportunities through the platform so its members can access the same kinds of investments that have been historically reserved for institutions and ultra-wealthy individuals. As of February 2025, the company’s thousands of members have invested billions of dollars through CrowdStreet’s platform, where they have accessed a wide range of investment opportunities.

About CrowdStreet

CrowdStreet is a leading platform for direct-access private market investing. The company offers a carefully selected marketplace of alternative investment opportunities that have historically only been available to a small group of people. In addition to providing advanced tools, research, and insights to help investors confidently explore these exclusive opportunities, CrowdStreet is also building a member experience rooted in trust and experience – working to further bridge the gap between investment opportunities and true financial wealth. Learn more at https://www.crowdstreet.com/.

Media Contact
LaunchSquad
crowdstreet@launchsquad.com

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

The MIL Network –

March 7, 2025
MIL-OSI: John Snow Labs Announces Keynote Speaker Lineup and Program for the Fifth Annual Healthcare NLP Summit
Source: GlobeNewswire (MIL-OSI)

LEWES, Del., March 06, 2025 (GLOBE NEWSWIRE) — John Snow Labs, the AI for healthcare company, today announced the keynote speaker lineup and program for the Healthcare NLP Summit, taking place April 2-3 online. Now in its fifth year, the event remains the world’s largest gathering for the applied artificial intelligence (AI), Generative AI, and Natural Language Processing (NLP) community in healthcare and life science. This year will focus on learnings from real-world use cases of generative AI in healthcare, as well as tools and best practices for AI governance.

With more than 30 expert sessions, the program will highlight large language models (LLMs) and NLP best practices, opportunities, challenges, and the latest open-source libraries, models, and tools in healthcare and life sciences. Day one topics include healthcare-specific frontier LLMs, reasoning LLMs, and visual LLMs with applications ranging from patient engagement and adverse event detection, to clinical coding and data abstraction. Day two is centered on building safe and trustworthy AI solutions, with case studies and tools covering agentic AI, automated bias testing, audio deepfake detection, and more.

This year’s keynote speakers include:
- David Talby, Veysel Kocaman, and Dia Trambitas, John Snow Labs
- Krishnaram Kenthapadi, Oracle Health AI
- Yishay Carmiel, Meaning
- Andreas Steiner, Google DeepMind
- Michael Ash, FunctionalMind
- Vickie Reyes, Guideline Central
- Shreya Rajpal, Guardrails AI
- Sahar Kazemzadeh, Google Research
- Chris Markson, Cigna Evernorth
“With another year of generative AI under our belts, we’re seeing more exciting use cases and advances in the field, delivering real value and ROI,” said David Talby, CEO, John Snow Labs. “We’re also seeing higher complexity of systems, moving away from simple prompt engineering and RAG implementations to using healthcare-specific LLMs, agentic AI, and built-in AI governance to tackle the complexities of healthcare. This summit will continue to serve the community by being a forum for practitioners to share what they’ve learned.”

Click here to learn more about the free, virtual Healthcare NLP Summit.

Additional Resources

About John Snow Labs
John Snow Labs, the AI for healthcare company, provides state-of-the-art software, models, and data to help healthcare and life science organizations put AI to good use. Developer of Medical LLMs, Healthcare NLP, Spark NLP, the Generative AI Lab No-Code Platform, and the Medical Chatbot, John Snow Labs’ award-winning medical AI software powers the world’s leading pharmaceuticals, academic medical centers, and health technology companies. Creator and host of The NLP Summit, the company is committed to further educating and advancing the global AI community.

Contact
Gina Devine
Head of Communications
John Snow Labs
gina@johnsnowlabs.com

The MIL Network –
March 7, 2025
MIL-OSI: ASUS Announces New “Design You Can Feel” Exhibition for Milan Design Week

Source: GlobeNewswire (MIL-OSI)

TORONTO, March 06, 2025 (GLOBE NEWSWIRE) — ASUS today announced that, following last year’s success at the London Design Festival, it is bringing an all-new Design You Can Feel exhibition to Milan Design Week 2025.

Taking place in a historic 1920s gallery in the heart of Milan, the exhibition will build on the success of last year’s Design You Can Feel exhibition during the London Design Festival (LDF). Also titled Design You Can Feel, it will explore the themes of materiality, craftsmanship, and artificial intelligence (AI) to explain the design thinking behind ASUS products, including the latest ASUS Zenbook laptops. The exhibition will also feature an interactive installation by Studio INI.

Exhibition to showcase design thinking behind ASUS products

The installation will speak to the design thinking behind many ASUS products by combining sophisticated technology and engineering with material exploration and artistic expression. The exhibition will also showcase these products and the design stories behind them via playful interactive exhibits.

A highlight of the event will be the ASUS Zenbook laptops – thin and light ultra-portable premium laptops that feature advanced AI tools and are clad in the proprietary ASUS material Ceraluminum™, which combines the lightness of metal with the resilience of ceramics.

Zenbook’s design approach is grounded in the ideas of Inspired, Immersive, Intuitive, Quiet, and Secure – qualities that are not only seen but felt. This holistic approach to design, which prioritizes both functionality and the user’s emotional connection to the device, is at the heart of the Design You Can Feel exhibition.

Additionally, the exhibition will showcase other ASUS models, including ProArt, Adol, Vivobook, and ROG ACRONYM laptops, with a hands-on area for visitors to experience them firsthand.

ASUS Zenbook Ceraluminum™ Limited Edition: A Tribute to Nature

The Milan exhibition will also debut four limited editions of the ASUS Zenbook laptop featuring special Ceraluminum chassis that draw from natural landscapes. The Ceraluminum Limited Edition collection is inspired by Earth’s most breathtaking landscapes, each representing the raw power and beauty that shape our world. From laptops to sleeves and packaging, each finish is a reminder of the ASUS commitment—not just to design, but to a philosophy—to create tools that are as enduring as the landscapes that inspire them.

Ceraluminum is a high-tech ceramic that is an industry-first innovation. ASUS invested four years into finetuning the precise colors, texture, and hardness. No pigment is added throughout the entire process, the distinct colors and porosity are precisely controlled by electric current, voltage, and mineral formula. As a result, it offers unmatched scratch resistance and longevity, with a unique look that pays homage to the natural world that inspired its creation.

Additionally, Ceraluminum is a more sustainable material that is less hazardous to the environment, substituting the acids traditionally employed for aluminum anodization for a new higher voltage method that uses pure water. The process eliminates organic compounds, volatile organic compounds (VOCs), and heavy metals from the wastewater, resulting in 100% recyclable material.

To learn more about Ceraluminum, please see here:

https://youtu.be/z1T3HgeX8qU?si=HAHkQM_ZD1try4CX

https://youtu.be/9cypFEe7-Fg?si=wYXdEVcukQibJ3Nd

Studio INI to create bespoke installation

The themes of the exhibition will be encapsulated by a specially commissioned installation by Studio INI, an experimental design and research studio. The installation will combine design, technology, and engineering with artistic expression to create a kinetic, biomimetic sculpture that reacts to visitors’ presence.

Key to the experience is the stimulation of the senses. Visitors will be invited to touch the installation, encountering the tactility of the ASUS Ceraluminum material. Sensors will track these interactions, with the data used to create AI-generated representations of visitors’ real-world behavior.

Full details will be announced in the coming months.

Design You Can Feel exhibition world tour

The Milan exhibition is the third Design You Can Feel exhibition, following events in Shanghai and London that showcased material innovation, craftsmanship, and AI. The Milan exhibition will expand on the themes of the previous exhibition at the biggest and most influential design event in the world.

The latest Design You Can Feel exhibition will run from April 8 – 13, 2025.

It will be open to the public at Galleria Meravigli in Milan. For more information, please see https://www.asus.com/ca-en/content/zenbook/

NOTES TO EDITORS

More on ASUS at the Milan Design Week: https://www.asus.com/ca-en/content/zenbook/

ASUS Zenbook: https://www.asus.com/ca-en/laptops/for-home/zenbook/

ASUS ProArt: https://www.asus.com/ca-en/proart/

ASUS Vivobook: https://www.asus.com/ca-en/laptops/for-home/vivobook/

ASUS LinkedIn: https://www.linkedin.com/company/asus/posts/

ASUS Pressroom: http://press.asus.com

ASUS Canada Facebook: https://www.facebook.com/asuscanada/

ASUS Canada Instagram: https://www.instagram.com/asus_ca

ASUS Canada YouTube: https://ca.asus.click/youtube

ASUS Global X (Twitter): https://www.x.com/asus

About ASUS

ASUS is a global technology leader that provides the world’s most innovative and intuitive devices, components, and solutions to deliver incredible experiences that enhance the lives of people everywhere. With its team of 5,000 in-house R&D experts, the company is world-renowned for continuously reimagining today’s technologies. Consistently ranked as one of Fortune’s World’s Most Admired Companies, ASUS is also committed to sustaining an incredible future. The goal is to create a net zero enterprise that helps drive the shift towards a circular economy, with a responsible supply chain creating shared value for every one of us.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6f14c07d-b5f0-49c5-9827-edd06c1f4f30

The MIL Network –

March 7, 2025
MIL-OSI: Rate Issues First Jumbo RMBS Securitization of 2025

Source: GlobeNewswire (MIL-OSI)

CHICAGO, March 06, 2025 (GLOBE NEWSWIRE) — Rate, a leader in fintech mortgage solutions, has successfully completed its first Jumbo RMBS securitization of 2025, a $366 million issuance with a 6.375% Gross Weighted Average Coupon (GWAC). Wells Fargo Securities served as the structuring lead, with Goldman Sachs as co-lead and BMO Capital Markets Corp. and JP Morgan as co-managers.

“For investors evaluating new issue deals, RATE 2025-J1 stands out as a compelling opportunity in the primary market,” said Allison Burkholder, Managing Director of Non-Agency RMBS Trading at Rate. “Since reviving our securitization platform in 2024, we’ve remained committed to providing some of the cleanest, highest-quality collateral available.”

This securitization reinforces Rate’s leadership in the Jumbo RMBS market and underscores the company’s ongoing commitment to delivering premium investment opportunities.

“I am incredibly proud of our team’s dedication in re-launching our securitization program in 2024,” said Victor Ciardelli, CEO of Rate. “Our vision is to build the #1 non-agency securitization program in the country, powered by our cutting-edge digital origination platform. This initiative enables us to offer industry-leading rates on Jumbo loans for our loan officers and referral partners.”

Ciardelli added, “Our digital origination platform not only reduces the cost of origination but also ensures the highest-quality Jumbo loan production in the industry. The success we’ve achieved is a testament to our relentless focus on innovation and excellence—laying the foundation for continued growth in 2025 and beyond.”

“When you analyze this deal, you’ll see that the average interest rate is approximately 0.125% to 0.500% lower than other Jumbo deals in the market,” said Jeremy Collett, Rate’s Chief Capital Markets Officer. “This reflects our commitment to lowering borrowing costs for customers through our groundbreaking technology.”

Looking ahead, Rate plans to expand its securitization pipeline in 2025. “We anticipate a modest increase in Jumbo originations this year and expect to bring four to five securitizations to market,” said Burkholder.

About Rate
Rate Companies is a leader in mortgage lending and digital financial services. Headquartered in Chicago, Rate has over 850 branches across all 50 states and Washington D.C. Since its launch in 2000, Rate has helped more than 2 million homeowners with home purchase loans and refinances. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates, and delivering unparalleled customer service. Honors and awards include Best Mortgage Lender for First-Time Homebuyers by NerdWallet for 2023; HousingWire’s Tech100 award for the company’s industry-leading FlashClose℠ digital mortgage platform in 2020, MyAccount in 2022, and Language Access Program in 2023; the most Scotsman Guide Top Originators for 11 consecutive years; Chicago Agent Magazine’s Lender of the Year for seven consecutive years; and Chicago Tribune’s Top Workplaces list for seven straight years. Visit rate.com for more information.

Media Contact

press@rate.com

The MIL Network –

March 7, 2025
MIL-OSI: CareCloud Announces Conversion of Series A Preferred Stock

Source: GlobeNewswire (MIL-OSI)

SOMERSET, N.J., March 06, 2025 (GLOBE NEWSWIRE) — CareCloud, Inc. (the “Company”) (Nasdaq: CCLD, CCLDO, CCLDP), a leader in healthcare information technology and generative AI solutions for medical practices and health systems nationwide, announced today (the “Mandatory Exchange Date”) that it effected the mandatory conversion (the “Conversion”) of shares of its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (the “Preferred Stock”), into the Company’s Common Stock, $0.001 par value per share (the “Common Stock”).

“We are excited to announce this conversion, which will eliminate approximately $7 million or more in annual dividend obligations, freeing us to reinvest this capital in our growth,” said Norman Roth, Interim Chief Financial Officer and Corporate Controller of CareCloud. “Further, this conversion will provide us with a cleaner capital structure and good flexibility from which to continue creating value for our shareholders.”

The Company’s Board of Directors elected to exercise its conversion rights, which provide for the conversion of each share of Preferred Stock into 7.3358 shares of Common Stock, inclusive of all accumulated and unpaid dividends. Any fractional shares of Common Stock which would otherwise be issuable will be rounded up to the next whole share of Common Stock. Dividends on converted shares will cease to accrue on the Mandatory Exchange Date.

The Conversion will be effective at 4:01 p.m. Eastern Time on March 6, 2025. Individual shareholders who, as of the Mandatory Exchange Date, owned at least 100,000 shares of Preferred Stock will not have their shares of Series A Preferred Stock automatically converted to Common Stock so long as they were held by the Company’s transfer agent, and presently retain the limited right to object to the Conversion.

Additional information regarding the Conversion can be found in the Amended and Restated Certificate of Designations, Preferences, and Rights of the 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock, which is available on the website of the Securities and Exchange Commission.

About CareCloud

CareCloud brings disciplined innovation to the business of healthcare. Our suite of technology-enabled solutions helps clients increase financial and operational performance, streamline clinical workflows and improve the patient experience. More than 40,000 providers count on CareCloud to help them improve patient care, while reducing administrative burdens and operating costs. Learn more about our products and services, including revenue cycle management (RCM), practice management (PM), electronic health records (EHR), business intelligence, patient experience management (PXM) and digital health at www.carecloud.com.

Follow CareCloud on LinkedIn, X and Facebook.

Disclaimer

This press release is for information purposes only, and does not constitute an offer to sell or solicitation of an offer to buy, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.

Forward-Looking Statements

This press release contains various forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to anticipated future events, future results of operations or future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “might,” “will,” “shall,” “should,” “could,” “intends,” “expects,” “plans,” “goals,” “projects,” “anticipates,” “believes,” “seeks,” “estimates,” “forecasts,” “predicts,” “possible,” “potential,” “target,” or “continue” or the negative of these terms or other comparable terminology.

Our operations involve risks and uncertainties, many of which are outside our control, and any one of which, or a combination of which, could materially affect our results of operations and whether the forward-looking statements ultimately prove to be correct. Forward-looking statements in this press release include, without limitation, statements reflecting management’s expectations for future financial performance and operating expenditures, expected growth, profitability and business outlook, the impact of pandemics on our financial performance and business activities, and the expected results from the integration of our acquisitions.

These forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are only predictions, are uncertain and involve substantial known and unknown risks, uncertainties and other factors which may cause our (or our industry’s) actual results, levels of activity or performance to be materially different from any future results, levels of activity or performance expressed or implied by these forward-looking statements. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all of the risks and uncertainties that could have an impact on the forward-looking statements, including without limitation, risks and uncertainties relating to the Company’s ability to manage growth, migrate newly acquired customers and retain new and existing customers, maintain cost-effective global operations, increase operational efficiency and reduce operating costs, predict and properly adjust to changes in reimbursement and other industry regulations and trends, retain the services of key personnel, develop new technologies, upgrade and adapt legacy and acquired technologies to work with evolving industry standards, compete with other companies’ products and services competitive with ours, and other important risks and uncertainties referenced and discussed under the heading titled “Risk Factors” in the Company’s filings with the Securities and Exchange Commission.

The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligations to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

SOURCE CareCloud

Company Contact:
Norman Roth
Interim Chief Financial Officer and Corporate Controller
CareCloud, Inc.
nroth@carecloud.com

Investor Contact:

Stephen Snyder
Co-Chief Executive Officer
CareCloud, Inc.
ir@carecloud.com

The MIL Network –

March 7, 2025

MIL-OSI: ZOOZ Power Reports H2 and Full Year 2024 Financial Results

Source: GlobeNewswire (MIL-OSI)

Tel-Aviv, Israel, March 06, 2025 (GLOBE NEWSWIRE) — ZOOZ Power (Nasdaq and TASE: ZOOZ), a leading provider of flywheel-based power boosters and energy management systems for enabling ultra-fast EV charging solutions, announced today its second half and full year 2024 financial results and provided a corporate update.

ZOOZ Power’s revenue increased in 2024, doubling the number of systems sold in 2023. Revenue increased by 36% from $0.76 million in 2023 to $1.04 million in 2024. While revenue in 2023 included related installations services provided only in 2023 as part of early penetration, in 2024 revenue relates to systems only.

“As the EV market continues to evolve, ZOOZ Power remains dedicated to delivering innovative power-boosting and energy management solutions that enhance the accessibility and efficiency of ultra-fast charging stations worldwide. I am excited to lead ZOOZ Power and focus on global expansion”, said Erez Zimerman, ZOOZ Power’s CEO.

“With our unique flywheel-based power boosting technology and recent deployments in key global markets, we are uniquely positioned to grow our presence globally. We are currently scaling operations in Germany and France and advancing partnerships with leading charge point operators. These steps underscore our commitment to enhance infrastructure efficiency and empower the EV ecosystem. I look forward to our success in 2025 as we shape the future of sustainable, high-performance charging solutions”, concluded Erez Zimerman.

Operational Highlights for the Six Months Ended December 31, 2024

	●	In July 2024, ZOOZ Power expanded its presence in Germany, with its power boosters now operational at four sites, leading charge point operators. A fifth purchase order and deployment, currently underway, is a strong testament to the customer’s trust in ZOOZ’s technology. These successful deployments demonstrate ZOOZ Power’s role as a key enabler of sustainable, high-performance EV charging solutions and a trusted operating partner.
	●	Following a successful pilot of the ZOOZTER^™-100 system at the Dor-Alon gas station along Highway 6 (one of Israel’s main transportation corridors), which led to a significant increase in charging sessions per day and demonstrated a relatively short ROI. Dor-Alon decided to adopt the ZOOZ solution and purchased the system.
	●	In August, ZOOZ Power appointed Erez Zimerman as its new Chief Executive Officer, effective September 17th. Zimerman brings extensive experience across hardware and software, with a proven track record in company turnarounds, IPOs, acquisitions, and scaling global sales.
	●	To further accelerate growth, ZOOZ Power expanded its sales team in Germany and France, two of Europe’s most dynamic and fast-growing electric vehicle markets. This strategic move enhances the company’s capacity to meet the increasing demand for efficient and sustainable EV charging infrastructure throughout the region.
	●	In October 2024, ZOOZ deployed it’s ZOOZTER™-100 system at NYPA (New York Power Authority). New York Power Authority President and CEO Justin E. Driscoll said, “Innovation is a priority for the Power Authority, and partnerships like the one with ZOOZ are integral to our work to decarbonize our economy and support transportation electrification in New York State.”
	●	In November 2024, ZOOZ Power entered into a Standby Equity Purchase Agreement (SEPA) securing access to up to $12 million in flexible financing over a two-year period. This financing option provides the company with greater flexibility to raise capital strategically, ensuring support for its growth initiatives while maintaining control over the timing and volume of equity sales.

Financial Highlights:

Six Months Ended December 31, 2024

	●	Revenue: ZOOZ reported approximately $498 thousand in revenue for the six months ended December 31, 2024, compared to no revenue for the six months ended December 31, 2023. The revenue reported reflects sale of ZOOZTER^™-100 systems,
	●	Cost of revenues: Cost of revenues for the six months ended December 31, 2024, were approximately $776 thousand, compared with approximately $888 thousand for the six months ended December 31, 2023. Cost of revenues for the six months ended December 2023 is mainly attributed to fair value adjustments and raw material write-offs.
	●	Research and Development Expenses, Net: Research and development expenses, net for the six months ended December 31, 2024, were approximately $2,633 thousand, compared with approximately $2,563 thousand for the six months ended December 31, 2023.
	●	Sales and Marketing Expenses: Sales and marketing expenses for the six months ended December 31, 2024, were approximately $494 thousand, compared with approximately $1,710 thousand for the six months ended December 31, 2023. The decrease is mainly attributed to the recognition of grants received as part of the NYPA (New York Power Authority) Cooperation Agreement, following the successful installation of ZOOZTER™-100 system, which effectively offset Sales and Marketing expenses in 2024.
	●	General and Administrative Expenses: General and administrative expenses for the six months ended December 31, 2024, were approximately $1,872 thousand, compared with approximately $1,322 thousand for the six months ended December 31, 2023. The increase is mainly attributed to D&O insurance costs and other expenses related to the Company’s listing for trading on the Nasdaq following the consummation of the Business Combination, effective as of April 4, 2024.
	●	Net loss: Net loss for the six months ended December 31, 2024, was approximately $5,753 thousand, or $0.50 per basic and diluted share, compared with a net loss of approximately $6,353 thousand, or $1.07 per basic and diluted share, for the six months ended December 31, 2023.

Full Year Ended December 31, 2024

	●	Cash: As of December 31, 2024, ZOOZ had approximately $7,532 thousand in cash, cash equivalents and short-term deposit, compared with approximately $6,672 thousand as of December 31, 2023. Since ZOOZ has just started commercial sales of its products and considering ZOOZ’s expected cash usage, early this year ZOOZ initiated certain measures designed to reduce its operation cost, such as workforce reduction where it deemed appropriate and has continued its sales and marketing efforts. In addition, ZOOZ expects that it will need to obtain additional funding in 2025 in connection with its continuing operations.
	●	Revenue: ZOOZ reported approximately $1,041 thousand in revenue for the full year ended December 31, 2024, compared with approximately $764 thousand for the full year ended December 31, 2023. The revenue reported reflects sales of ZOOZTER™-100 systems.
	●	Cost of revenues: Cost of revenues for the full year ended December 31, 2024, were approximately $1,527 thousand, compared with approximately $1,869 thousand for the full year ended December 31, 2023. Please refer to “Six Months Ended December 31, 2024” for the description of this decrease.
	●	Research and Development Expenses, Net: Research and development expenses, net for the full year ended December 31, 2024, were approximately $5,062 thousand, compared with approximately $5,215 thousand for the full year ended December 31, 2023.
	●	Sales and Marketing Expenses: Sales and marketing expenses for the full year ended December 31, 2024, were approximately $1,324 thousand, compared with approximately $3,041 thousand for the full year ended December 31, 2023. Please refer to “Six Months Ended December 31, 2024” for the description of this decrease.
	●	General and Administrative Expenses: General and administrative expenses for the full year ended December 31, 2024, were approximately $3,664 thousand, compared with approximately $2,850 thousand for the full year ended December 31, 2023. Please refer to “Six Months Ended December 31, 2024” for the description of this increase.
	●	Net loss: Net loss for the full year ended December 31, 2024, was approximately $10,990 thousand, or $1.09 per basic and diluted share, compared with a net loss of approximately $11,755 thousand, or $1.99 per basic and diluted share, for the full year ended December 31, 2023.

Results (K)

	H2 2024 Unaudited		H2 2023 Unaudited		FY 2024 Audited		FY 2023 Audited
Revenues	$	498		–	$	1,041	$	764
Net Loss	$	5,753	$	6,353	$	10,990	$	11,755
Loss per diluted share	$	0.50	$	1.07	$	1.09	$	1.99

Full financial tables are included below

About ZOOZ Power

ZOOZ is the leading provider of flywheel-based power boosting and energy management solutions, enabling the widespread deployment of ultra-fast charging infrastructure for electric vehicles (EVs) while overcoming existing grid limitations.

ZOOZ pioneers its unique flywheel-based power-boosting technology, enabling efficient utilization and power management of a power-limited grid at an EV charging site. Its Flywheel technology allows high-performance, reliable, and cost-effective ultra-fast charging infrastructure.

ZOOZ Power’s sustainable, power-boosting solutions are built with longevity and the environment in mind, helping its customers and partners accelerate the deployment of fast-charging infrastructure, thus facilitating improved utilization rates, better efficiency, greater flexibility, and faster revenues and profitability growth. ZOOZ is publicly traded on NASDAQ and TASE under the ticker ZOOZ

For more information, please visit: www.zoozpower.com/

Investor Contact:

Miri Segal – CEO
MS-IR LLC
msegal@ms-ir.com

Media enquiries:
Media@zoozpower.com

Forward-Looking Statement

This press release contains “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended, and the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on the current beliefs, expectations, and assumptions of ZOOZ Power. All statements other than statements of historical facts contained in this press release, including statements regarding ZOOZ Power, and any of ZOOZ Power’s strategy, future operations and statements related to the collaboration between ZOOZ Power and “ON” charging network (including any plans to implement ZOOZ Power’s solution and upgrade an additional site of “ON” on Route 6) are forward-looking statements. These statements involve known and unknown risks, uncertainties and other important factors that may cause ZOOZ Power’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks and other risks and uncertainties are more fully discussed in the “Risk Factors” section of ZOOZ’s most recent Annual Report on Form 20-F as filed with the U.S. Securities and Exchange Commission (“SEC”) as well as other documents that may be subsequently filed by the Company from time to time with the SEC. The words “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements include, but are not limited to, statements relating to the limited operating history and evolving business model that make it difficult for investors to evaluate ZOOZ Power’s business and future prospects, material weaknesses identified in ZOOZ Power’s internal control over financial reporting and the potential results of ZOOZ Power being unable to remediate these material weaknesses, or identify additional material weaknesses in the future or otherwise failure to maintain an effective system of internal control over financial reporting, ZOOZ Power’s management’s determination that substantial doubt exists about the continued existence of ZOOZ Power as a “going concern”, changes to fuel economy standards or changes to governments’ regulations and policies in relation to environment or the success of alternative fuels which may negatively impact the EVs market and thus the demand for ZOOZ Power’s products, delays in deployment of public ultra-fast charging infrastructure which may limit the need and urgency for ZOOZ Power’s products, the potential outcome of ZOOZ Power’s collaborations with third parties for installation of its flywheel-based power boosting solution, and conditions in Israel and in the Middle East, including the effect of the evolving nature of the ongoing “Swords of Iron” war, may adversely affect ZOOZ Power’s operations. These forward-looking statements are only estimations, and ZOOZ Power may not actually achieve the plans, intentions or expectations disclosed in any forward-looking statements, so you should not place undue reliance on any forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in forward-looking statements made in this Press Release. Management of ZOOZ Power has based these forward-looking statements largely on current expectations and projections about future events and trends that such persons believe may affect ZOOZ Power’s business, financial condition and operating results. Forward-looking statements contained in this Press Release are made as of the date hereof, and none of ZOOZ Power or any of its representatives or any other person undertakes any duty to update such information except as may be expressly required under applicable law.

ZOOZ POWER LTD
CONSOLIDATED BALANCE SHEETS
(U.S. dollars in thousands) – (Unaudited)

	December 31
	2024		2023
ASSETS
CURRENT ASSETS:
Cash		7,532		6,672
Restricted bank deposits		34		–
Prepaid expenses		370		203
Other current assets		397		549
Inventory		2,320		2,848
TOTAL CURRENT ASSETS		10,653		10,272
NON-CURRENT ASSETS:
Restricted bank deposits		192		224
Prepaid expenses		91		79
Operating lease right of use assets		974		1,309
Property and equipment, net		927		1,593
TOTAL NON-CURRENT ASSETS		2,184		3,205
TOTAL ASSETS		12,837		13,477
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable		297		536
Other payables and accrued expenses		870		1,387
Short term employee benefits		668		788
Share based payment liabilities		–		232
Promissory note		890		–
Promissory note – Related party		2,151		–
Current maturities of operating lease liabilities		314		309
TOTAL CURRENT LIABILITIES		5,190		3,252

NON-CURRENT LIABILITIES:
Warrants liability		331		–
Operating lease liabilities		598		1,035
TOTAL NON-CURRENT LIABILITIES		929		1,035

TOTAL LIABILITIES		6,119		4,287

TOTAL EQUITY		6,718		9,190
TOTAL LIABILITIES AND EQUITY		12,837		13,477

ZOOZ POWER LTD
CONSOLIDATED STATEMENTS OF OPERATIONS
(U.S. dollars in thousands, except share and per share data) – (Unaudited)

	Year ended December 31
	2024			2023			2022

Revenue		1,041			764			–
Cost of revenue		1,527			1,869			178
Gross loss		(486	)		(1,105	)		(178	)

Research and development, net		5,062			5,215			4,163
Sales and marketing		1,324			3,041			1,672
General and administrative		3,664			2,850			2,189

Operating loss		(10,536	)		(12,211	)		(8,202	)

Interest expenses		171			–			–
Other finance expenses (income), net		283			(456	)		(377	)
Net loss		(10,990	)		(11,755	)		(7,825	)

Net loss per ordinary share attributable to shareholders – basic and diluted		(1.09	)		(1.99	)		(1.51	)
Weighted average ordinary shares outstanding – basic and diluted		10,070			5,912			5,166

ZOOZ POWER LTD
CONDENSED CONSOLIDATED BALANCE SHEETS
(U.S. dollars in thousands) – (Unaudited)

	June 30		December 31
	2024		2023
ASSETS
CURRENT ASSETS:
Cash and cash equivalents		7,721		6,672
Short term deposits		3,507		–
Prepaid expenses		838		203
Other current assets		611		549
Inventory		2,470		2,848
TOTAL CURRENT ASSETS		15,147		10,272

NON-CURRENT ASSETS:
Restricted bank deposits		219		224
Prepaid expenses		104		79
Operating lease right of use assets		1,133		1,309
Property and equipment, net		1,411		1,593
TOTAL NON-CURRENT ASSETS		2,867		3,205
TOTAL ASSETS		18, 014		13,477

LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable		303		536
Other payables and accrued expenses		912		1,387
Short term employee benefits		662		788
Share based payment liabilities		–		232
Promissory note		856		–
Promissory note – Related party		2,069		–
Current maturities of operating lease liabilities		313		309
TOTAL CURRENT LIABILITIES		5,115		3,252

NON-CURRENT LIABILITIES:
Warrants liability		181		–
Operating lease liabilities		824		1,035
TOTAL NON-CURRENT LIABILITIES		1,005		1,035

TOTAL LIABILITIES		6,120		4,287

TOTAL EQUITY		11,894		9,190
TOTAL LIABILITIES AND EQUITY		18,014		13,477

ZOOZ POWER LTD
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(U.S. dollars in thousands, except share and per share data) – (Unaudited)

	Six months ended June 30,
	2024			2023

Revenues		543			784
Cost of revenue		751			981

Gross loss		(208	)		(197	)

Research and development, net		2,429			2,652
Sales and marketing, net		830			1,331
General and administrative		1,792			1,528

Operating loss		(5,259	)		(5,708	)

Finance income, net		22			306
Net loss		(5,237	)		(5,402	)

Net loss per ordinary share attributable to shareholders – basic and diluted		(0.59	)		(0.91	)
Weighted average ordinary shares outstanding – basic and diluted		8,854			5,912

The MIL Network –

March 7, 2025

MIL-OSI: VERB’s ‘Go Fund Yourself’ TV Show Propels Issuer Freedom Chat to New Heights
Source: GlobeNewswire (MIL-OSI)

LOS ALAMITOS, Calif. and LAS VEGAS, March 06, 2025 (GLOBE NEWSWIRE) — Verb Technology Company, Inc. (Nasdaq: VERB) (“VERB” or the “Company”), the technology company behind MARKET.live, a leading livestream social shopping platform, and GO FUND YOURSELF!, the groundbreaking reality TV series and innovative new platform at the intersection of entertainment and entrepreneurship disrupting the crowd funding industry, continues to demonstrate its impact on emerging businesses. The Show airs weekly on CheddarTV, available on most cable operators, prime time at 7pm EST. The innovative show format features on-screen icons and QR codes that allow viewers to click or scan to invest in the presenting companies or purchase their products in near real-time while watching the Show, all in strict compliance with regulatory rules and regulations.

Last week, Reg CF issuer Freedom Chat, a next-generation social messaging app focused on privacy and security, appeared on the Show. The result – not only did the issuer raise much needed capital but also acquired invaluable insights from the Show’s accomplished panel of business Titans.

The episode featured a dynamic pitch by Freedom Chat founder and CEO Tanner Haas, a four-time founder and three-time author with multiple successful exits, and an intensely engaged panel of the Show’s Titans, including Rory J. Cutaia, the Show’s creator and Founder & CEO of Verb Technology Company, Inc. (NASDAQ:VERB), David Meltzer, Chairman of the Napoleon Hill Institute and former CEO of the renowned Leigh Steinberg Sports & Entertainment agency, and Jayson Waller, successful serial entrepreneur, founder & CEO of multiple successful businesses, including a billion dollar revenue business, and host of the popular Jayson Waller Unleashed Podcast.

“The opportunity to present Freedom Chat on Go Fund Yourself was truly a game-changer,” said Tanner Haas, Founder of Freedom Chat. “The insights, guidance, and direct access to the Titans on the Show gives us a competitive edge that no other platform could have provided. The funding was instrumental, but the mentorship we received is what will help propel us forward. I can’t express enough how valuable this experience has been and how fun it was.”

“The success of Go Fund Yourself isn’t just about securing capital — it’s about equipping entrepreneurs with the knowledge, connections, and strategic tools they need to scale effectively,” said Rory J. Cutaia. “Freedom Chat is a perfect example of an entrepreneur with an incredible vision to address a well-defined market need for a secure and private messaging platform that, with the right exposure, backing and insights, can create a new dominant player in the digital messaging space. I believe his appearance on our Go Fund Yourself TV Show helped propel the execution of his vision forward.”

“Without question, the Show is a much needed boon not just for entrepreneurs and the crowdfunding industry generally, but also, perhaps even more importantly, for everyday people who now have direct access to investment opportunities traditionally reserved for insiders, opportunities the average person might never see.”

Apply Now to Be Featured on ‘Go Fund Yourself’
Are you an entrepreneur or business owner that would like to be featured on Go Fund Yourself TV Show – Click HERE to apply today and discover how the Show can propel your business to new heights.

As Freedom Chat continues its upward trajectory, its success underscores the vital role that Go Fund Yourself plays in identifying, mentoring, and amplifying the next wave of disruptive entrepreneurs. The Show is proving to be the ultimate launchpad for startups looking to scale with more than just funding — but with expertise, guidance, key relationships, and game-changing exposure.

About Go Fund Yourself TV Show

Innovating Business Crowdfunding on Prime-Time Television
Airing in a prime-time weekly slot every Thursday at 7 PM ET on Cheddar TV, Go Fund Yourself brings an innovative, interactive approach to startup funding. Entrepreneurs pitch their businesses to a panel of Titans, competing for investment and audience engagement. The Show’s technology allows viewers to invest in featured companies in near real-time by tapping, clicking, or scanning on-screen icons, creating an unprecedented bridge between startups and investors.

Titans Leading the Way
The Show’s expert panel of Titans include:
- David Meltzer – Chairman of the Napoleon Hill Institute and Former CEO of the Leigh Steinberg Sports & Entertainment agency
- Jayson Waller – Thought leader, CEO of multiple multi-million-dollar companies, and host of the popular Unleashed Podcast
- Rory J. Cutaia – the Show’s creator and Founder and CEO of VERB Technology Company [Nasdaq: VERB], and disruptor behind livestream social selling phenom MARKET.live
- Rotating celebrity guest Titans from the worlds of business, sports, and entertainment
Unmatched Visibility for Entrepreneurs
With Cheddar’s expansive digital and social reach, Go Fund Yourself TV Show ensures startups receive unparalleled exposure. Each episode will be broadcast three times per week, with a season-ending marathon maximizing visibility for participating companies. The series will also be heavily promoted across Cheddar’s social and digital platforms to further amplify its reach.

How to Watch & Stay Connected
- New Episodes air every Thursday night at 7 PM ET on CheddarTV on your local cable channels and online at Cheddar.com
- Catch all previous episodes on CheddarTV’s YouTube Channel
- Follow Go Fund Yourself Show on social media for exclusive content:
For more information about Go Fund Yourself, visit GoFundYourself.Show

For more information about Freedom Chat, visit FreedomChat.com

About VERB Technology Company
Verb Technology Company, Inc. (NASDAQ: VERB), is the innovative force behind interactive video-based social commerce. The Company’s MARKET.live platform is a multi-vendor, livestream social shopping destination at the forefront of the convergence of e-commerce and entertainment, where brands, retailers, creators, and influencers engage their customers, clients, fans, and followers across multiple social media channels simultaneously. GO FUND YOURSELF!, is a revolutionary interactive social crowd funding platform for public and private companies seeking broad-based exposure across social media channels for their crowd-funded Regulation CF and Regulation A offerings. The platform combines a ground-breaking interactive TV show with MARKET.live’s back-end capabilities allowing viewers to tap, scan or click on their screen to facilitate an investment, in real time, as they watch companies presenting before the show’s panel of “Titans”. Presenting companies that sell consumer products are able to offer their products directly to viewers during the show in real time through shoppable onscreen icons. The Company is headquartered in Las Vegas, NV and operates full-service production and creator studios in Los Alamitos, California.

FORWARD-LOOKING STATEMENTS
This communication contains “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties and include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance, or achievements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations, and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, those identified in our filings with the Securities and Exchange Commission (the “SEC”), including our annual, quarterly, and current reports filed with the SEC and the risk factors included in our annual report on Form 10-K filed with the SEC on April 1, 2024. Any forward-looking statement made by us herein is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement whether as a result of new information, future developments, or otherwise.

Investor Relations:
investors@verb.tech

The MIL Network –
March 7, 2025
MIL-OSI: Global Shift in Governmental Policies Incentivizing U.S. Manufacturing for Drone Manufacturers

Source: GlobeNewswire (MIL-OSI)

PALM BEACH, Fla., March 06, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – From the perspective of U.S. competitiveness and security, incentivizing U.S. leadership in the drone industry ― the focal point of a new era of aviation ― represents a strategic imperative in a market long characterized by state-subsidized companies based in China. AUVSI, an industry insider reported: “that it believes it is essential to advance security and competitiveness in a thoughtful way that respects existing investments while building toward a more secure, sustainable future that puts U.S. interests ― including security, the economy, and overarching values ― first. U.S. drone manufacturers and their component supply chain have struggled to compete against foreign subsidized competition, which hinders the availability of American-made UAS on the market and impedes workforce growth and investment. Accordingly, the U.S. government must foster a more competitive and fair playing field for U.S.-based drone manufacturers. AUVSI is advocating for specific proposals that would generate demand for U.S.-made drones and supply-side measures that level the playing field for U.S. drone and component manufacturers against subsidized competition and dumping practices.” Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQ: ZENA), EHang Holdings Limited (NASDAQ: EH), AeroVironment, Inc. (NASDAQ: AVAV), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), ParaZero Technologies Ltd. (NASDAQ: PRZO).

AUVSI continued: “Bolstering new drone manufacturing capabilities and the associated workforce will require infrastructure and capital expenditures. Providing tax incentives and other mechanisms to spur that spending would accelerate growth and development that would have otherwise been delayed or denied. Manufacturer tax credits for the production and sale of certain UAS equipment and components produced and sold in the U.S. would benefit the industry and its competitiveness and would decrease reliance on subsidized, foreign drones. This has worked in other industries. According to the Financial Times, U.S. manufacturing commitments doubled ― to more than $200 billion, creating 82,000 jobs ― based on the success of tax incentive programs for other industries, including solar panels, semiconductors, electric vehicles, and other clean technologies. In taking action to level the playing field and promote competition, the U.S. government should coordinate activities with allied and partner nations to create a stronger, more secure supply chain.”

ZenaTech (NASDAQ:ZENA) ZenaDrone Benefits from New Chinese Tariffs Also Helping its Commercial and Defense Customer Markets – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, today announces an update on its US-based ZenaDrone subsidiary’s Arizona and Taiwan manufacturing supply chain strategy in light of the current economic changes and tariffs announced by the current US Administration. ZenaDrone will continue to source and manufacture drone cameras, sensors and other related components at its Taiwan-based Spider Vision Sensors company to reduce its supply chain risk and ensure NDAA-compliant parts for its US Defense-destined drone products, which will be manufactured in Arizona. The company also benefits from recent announcements doubling tariffs on Chinese imports including drones and parts from 10% to 20% which will negatively impact many US drone companies and customers given the drone industry dominance of China.

“The current administration’s focus on strengthening US manufacturing and reducing reliance on Chinese drone imports is a game-changer for American companies like ours. With increased tariffs on Chinese drones and components, and new incentives for domestic production, we are well-positioned to expand our operations to manufacture in Arizona, also creating more high-quality American jobs. Since we’ve already initiated sourcing of our component parts from Taiwan instead of China, we can avoid supply chain disruptions while benefiting from potential US manufacturing tax breaks. We believe this makes our drones more competitive for both government and commercial markets,” said CEO Shaun Passley, Ph.D.

“This also puts us ahead of domestic competitors who may be facing challenges with supply chain instability and less access to cutting-edge technologies. By leveraging Taiwan’s capabilities and our focus on security and compliance, we’re poised to meet increasing defense demand while minimizing operational risks,” added Dr. Passley.

The Spider Vision Sensors Taiwan office opened in November 2024 to manufacture drone cameras, sensors, electronics, and components, including LiDAR (Light Detection and Ranging), thermal, infrared, and multi-spectral sensors, and circuit boards to incorporate into ZenaDrone’s finished products. Having in-house manufactured sensors and components will enable ZenaDrone to maintain a steady supply to fulfill customer drone order needs at its Sharjah, UAE manufacturing facilities as well as its future Arizona-based drone manufacturing facilities for US military-destined “Made in America” drones.

Taiwan was selected due to its size and skills as an electronics hub, and the availability of low-cost alternative components versus those from China. Spider Vision Sensors will ensure ZenaDrone’s products and supply chain are compliant with the US NDAA (National Defense Authorization Act) requirements necessary to do business with the US Military. This along with the Green UAS (Uncrewed Arial System) and the Blue UAS are important certifications ensuring cybersecurity and country of origin compliance for drone companies which the company has stated it plans to achieve. Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

Other recent developments in the drone industry include:

EHang Holdings Limited (NASDAQ: EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, recently announced a strategic cooperation framework agreement with Anhui Jianghuai Automobile Group Co., Ltd. (“JAC Motors”) and Hefei Guoxian Holdings Co., Ltd. (“Guoxian Holdings”). Under this agreement, cooperation will focus on establishing a joint venture in Hefei to invest in the construction of a state-of-the-art manufacturing base for low-altitude aircraft. The facility will integrate advanced technology, standardization, and automation to produce intelligent and pilotless electric vertical takeoff and landing aircraft (“eVTOL”).

The strategic cooperation signing ceremony was attended by key officials including Fei Yuan, Standing Committee Member of Hefei Municipal Committee and Vice Mayor of Hefei; Xingchu Xiang, Chairman, and General Manager of JAC Motors; Xingke Yin, Vice General Manager of JAC Motors; Huazhi Hu, Founder, Chairman, and CEO of EHang; and Zhao Wang, Chief Operating Officer of EHang. They were joined by other distinguished guests in witnessing the signing of the strategic cooperation agreement, marking a new milestone in the high-quality development of China’s low-altitude economy ecosystem.

AeroVironment, Inc. (NASDAQ: AVAV) recently reported financial results for the fiscal third quarter ended January 25, 2025. Third Quarter Highlights Were:

Record funded backlog of $763.5 million as of January 25, 2025

Third quarter revenue of $167.6 million down 10% year-over-year

Third quarter net loss of $(1.8) million and non-GAAP adjusted EBITDA of $21.8 million

“We faced a number of short-term challenges in the third quarter, including the unprecedented high winds and fires in Southern California, which impacted our ability to meet our goals,” said Wahid Nawabi, AeroVironment chairman, president and chief executive officer. “Nevertheless, we made significant progress towards executing our long-term growth strategy and building resiliency for the future.”

Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) and RAFAEL Advanced Defense Systems Ltd., recently announced an approximate 50/50 partnership for the establishment of a U.S.-based merchant supplier of solid rocket motors (SRMs) and other energetics. The new joint venture, named Prometheus Energetics (“Prometheus”), is set to be headquartered on an approximate 500-acre site near the United States Navy and Army facility in Crane, Indiana.

Eric DeMarco, President and CEO of Kratos Defense, said, “We believe Prometheus, once up and running at full rate production, will be a step function catalyst in value creation for Kratos’ stakeholders and the U.S. defense industrial base, similar to Kratos’ recent MACH-TB contract award—the largest single-award contract in Kratos history. Like other major Kratos investments such as Oriole, Zeus, and Erinyes, Prometheus responds to a critical need to strengthen the U.S. Industrial Base and will also provide tens of thousands of SRMs and casted warheads supporting both America’s most reliable partner in the Middle East and United States national security related demand from a true SRM and energetics merchant supplier.”

ParaZero Technologies Ltd. (NASDAQ: PRZO) recently announced that it has successfully achieved regulatory compliance with the European Union Aviation Safety Agency (EASA) for its SafeAir systems. This milestone marks a step forward for the company, solidifying its position as a trusted provider of safety solutions in the rapidly expanding drone market.

ParaZero secured EASA compliance for its SafeAir systems. The Company announced last week that its system is integrated with the DJI Matrice 350, DJI Mavic 3T, and DJI Mavic 3E, and has successfully achieved CE Class C5 compliance. This achievement marks a significant advancement in drone safety and regulatory readiness, particularly within the European market.

The CE Class C5 certification is crucial for compliance with the European Union Aviation Safety Agency (EASA) regulations, especially for operators navigating the complex Specific Operations Risk Assessment (SORA) process. By meeting these stringent requirements, ParaZero’s SafeAir systems simplify the regulatory pathway for drone operators, enabling them to conduct missions in an urban environment, with greater confidence, efficiency, and safety.

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

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

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The MIL Network –

March 7, 2025
MIL-OSI: SAIC Schedules Fourth Quarter Fiscal Year 2025 Earnings Conference Call for March 17 at 10 A.M. ET

Source: GlobeNewswire (MIL-OSI)

RESTON, Va., March 06, 2025 (GLOBE NEWSWIRE) — Science Applications International Corp. (NASDAQ: SAIC) is scheduled to issue its fourth quarter fiscal year 2025 results before market open on Monday, March 17, 2025. SAIC executive management will discuss operational and financial results in a conference call beginning at 10:00 a.m. Eastern time, following the issuance of the company’s earnings press release.

The conference call will be webcast simultaneously to the public through a link on the Investors Relations section of the SAIC website. The company will only provide webcast access, “dial-in” access will not be available, and a supplemental presentation will be available to the public through links provided on the website.

After the call concludes, an on-demand audio replay of the webcast can be accessed on the SAIC Investors Relations website.

About SAIC
SAIC is a premier Fortune 500® technology integrator focused on advancing the power of technology and innovation to serve and protect our world. Our robust portfolio of offerings across the defense, space, civilian and intelligence markets includes secure high-end solutions in mission IT, enterprise IT, engineering services and professional services. We integrate emerging technology, rapidly and securely, into mission critical operations that modernize and enable critical national imperatives.

We are approximately 24,000 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $7.4 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.

Forward-Looking Statements
Certain statements in this release contain or are based on “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “guidance,” and similar words or phrases. Forward-looking statements in this release may include, among others, estimates of future revenues, operating income, earnings, earnings per share, charges, total contract value, backlog, outstanding shares and cash flows, as well as statements about future dividends, share repurchases and other capital deployment plans. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Legal Proceedings” sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the SEC, which may be viewed or obtained through the Investor Relations section of our website at saic.com or on the SEC’s website at sec.gov. Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC’s expectations. SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.

Media Contact:

Kara Ross

703.362.6046 | kara.g.ross@saic.com

The MIL Network –

March 7, 2025
MIL-OSI: Municipality Finance Plc Amends the Terms and Conditions of Medium Term Notes

Source: GlobeNewswire (MIL-OSI)

Municipality Finance Plc
Stock exchange release
6 March 2025 at 4:00 pm (EET)

Municipality Finance Plc Amends the Terms and Conditions of Medium Term Notes

Municipality Finance Plc amends the terms and conditions pertaining to EUR 10 million medium term notes issued on 11 February 2025 (ISIN: XS2999632172). With the amendments, the notes are in new global note form and accordingly are intended to be held in a manner which would allow Eurosystem eligibility in other respects, the terms and conditions of the notes remain unchanged. The amended and restated final terms are available in English on the company’s website at https://www.kuntarahoitus.fi/en/for-investors.

Holders of the notes have approved the amendments. The notes have been admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki.

MUNICIPALITY FINANCE PLC

Further information:

Joakim Holmström
Executive Vice President, Capital Markets and Sustainability
tel. +358 50 444 3638

MuniFin (Municipality Finance Plc) is one of Finland’s largest credit institutions. The owners of the company include Finnish municipalities, the public sector pension fund Keva and the State of Finland. The Group’s balance sheet is over EUR 53 billion.

MuniFin builds a better and more sustainable future with its customers. Our customers include municipalities, joint municipal authorities, wellbeing services counties, joint county authorities, corporate entities under the control of the above-mentioned organisations, and affordable social housing. Lending is used for environmentally and socially responsible investment targets such as public transportation, sustainable buildings, hospitals and healthcare centres, schools and day care centres, and homes for people with special needs.

MuniFin’s customers are domestic but the company operates in a completely global business environment. The company is an active Finnish bond issuer in international capital markets and the first Finnish green and social bond issuer. The funding is exclusively guaranteed by the Municipal Guarantee Board.

Read more: www.munifin.fi

Important Information

The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into any such country or jurisdiction or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, any securities or other financial instruments in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

This communication does not constitute an offer of securities for sale in the United States. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

The MIL Network –

March 7, 2025

Category: Business

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