Category: Business

  • MIL-OSI: Nexla Expands AI-Powered Integration Platform to Accelerate Enterprise-Grade GenAI

    Source: GlobeNewswire (MIL-OSI)

    SAN MATEO, Calif., March 04, 2025 (GLOBE NEWSWIRE) — Nexla, a leader in AI-powered integration, announced a major update to the Nexla integration Platform, expanding its no-code integration, RAG pipeline engineering, and data governance capabilities to make enterprise-grade GenAI accessible to everyone.

    The Nexla integration platform is the first integration platform powered by AI and built to handle today’s data variety. With Nexla, you can integrate any data, create AI-ready data products, and deliver GenAI projects without coding and up to 10x faster than the alternatives.

    Nexla uses AI to connect, extract metadata, and transform source data into human-readable data products, called Nexsets, that enable true data reuse and governance. Its agentic RAG framework lets companies implement RAG for agents and assistants without coding and uses LLMs during each stage to improve accuracy. For example, Nexla can get context from multiple data products, use a unique algorithm to rank, prioritize, and eliminate data, and then combine the context with a rewritten query and submit it to just about any LLM.

    This latest release introduces several groundbreaking capabilities that, combined, help companies deliver enterprise-grade GenAI without having to rely on specialized AI developers.

    Agentic Retrieval –– Retrieval refers to the moment during RAG inferencing when context is retrieved. Unlike most other products, which only retrieve data from a specific source, like a vector database, Nexla uses an LLM to dynamically find data across any relevant data products while enforcing data security policies. Expanding the sources of data using Nexla’s agentic retrieval can dramatically improve AI accuracy without having to load all the data into a vector database.

    Nexla Orchestrated Versatile Agents (NOVA) –– NOVA, which has been in use by early adopters, is now generally available. NOVA is an agentic interface within the Nexla UI, built on Nexla’s agentic AI framework that lets anyone compose end-to-end pipelines by using natural language (e.g. English) commands. Nexla uses an LLM to create the tasks and code (Python and SQL) to query sources, build transforms, and orchestrate pipelines. Users can work entirely within NOVA or move between NOVA, no-code point-and-click configuration, and pro-code mode.

    Converged Integration –– This release also continues to make no-code integration faster and simpler by adding more flow templates, pre-built and configured patterns for implementing specific types of integrations much faster without coding, and more connectivity.

    The new templates include:

    • FlowOrchestration — Combine any data flows of different integration styles.
    • ELT — Quickly create flows into data warehouses, data lakes and databases.
    • Direct — Quickly build high-throughput point-to-point data flows.
    • BYO —  BYO (Build Your Own) integration runtime and deploy and manage it in Nexla.
    • RAG — Rapidly implement a modular RAG pipeline without coding.

    This release also adds general-purpose document ingestion with advanced agentic chunking that improves LLM accuracy by chunking and formatting data to help the LLM better interpret the data.

    Data Product Marketplace — The Nexla Data Product Marketplace, a first of its kind, empowers data product producers to create, publish, and govern the full variety of data as fully managed data products. Data products allow users to apply data policies and enforce security at runtime. The Marketplace provides a simple way to discover data while centrally controlling all access and usage.

    “While there was significant hype around GenAI in 2024, 2025 is the year for AI to solve business problems,” said Saket Saurabh, Nexla Co-founder and CEO. “Nexla’s latest release enables companies to be successful with agentic AI now, using their existing resources and skill sets, by combining an enterprise-grade integration and agentic AI foundation with no-code data engineering, all powered by AI.”

    To learn more about Nexla’s enterprise-wide data integration platform, built from the ground up specifically for GenAI developers and users, please visit:

    About Nexla

    Nexla is a leader in AI-powered integration whose mission is to make data ready-to-use for everyone. The Nexla Integration Platform is the first integration platform powered by AI and built to handle today’s data variety. With Nexla you can integrate any data, create AI-ready data products, and deliver enterprise-grade GenAI without coding, up to 10x faster than the alternatives.

    Trusted to deliver mission-critical data by leading companies including DoorDash, LinkedIn, Johnson & Johnson, and LiveRamp, Nexla is headquartered in San Mateo, California.  It has been recognized in the 2022, 2023, and 2024 Gartner Magic Quadrant™ for Data Integration Tools and top-rated by customers on Gartner Peer Insights.

    Media Contact:
    Nexla@bocamarketing.com

    The MIL Network

  • MIL-OSI: ASAPP Appoints Priya Vijayarajendran as CEO

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) — ASAPP, the leading provider of AI-powered contact center software, today appointed Priya Vijayarajendran to the position of CEO. As ASAPP’s former CTO and president of technology, Vijayarajendran brings three decades of AI and software leadership at global enterprises including Microsoft, IBM and SAP.

    “Our goal at ASAPP is clear – to be the industry leader in AI for contact centers,” said Priya Vijayarajendran, CEO of ASAPP. “Achieving our goal means advancing our best-in-class products, and helping our customers quickly realize the measurable economic and goodwill value of our offerings. ASAPP is uniquely positioned with the talent, domain expertise, technology, and momentum to make our goal a reality, and I’m proud to lead our unmatched team.”

    “At ASAPP we find ourselves in the midst of the greatest tech revolution of our time, and we are reimagining what customer experience can be like, enabled by generative artificial intelligence,” said Frank Slootman, a member of the ASAPP board of directors. “Under Priya’s leadership, we have a real shot at totally transforming the economics, quality and monetization of AI-enabled CX. We are rapidly advancing features with our customers, and it takes ASAPP’s driven, inspired and customer-obsessed team to make that happen!”

    ASAPP’s products are inspired by large, enterprise, data-rich problems in customer service, and ASAPP’s AI solutions go beyond basic automation to redefine the role of AI in solving industry specific customer challenges. ASAPP’s new GenerativeAgent autonomously and safely resolves complex customer service interactions, and integrates with a company’s historical customer data. GenerativeAgent supports a wide variety of APIs, native integration and advanced authentications, which enables fast deployment and instant value creation.

    “ASAPP provides the industry’s leading agentic AI system for enterprise contact centers,” said James Montgomery, chairman of March Capital and a member of the ASAPP board of directors. ASAPP’s GenerativeAgent handles high volumes of interactions with speed and accuracy. The result frees up human agents to focus on complex issues that require personal interaction, and ultimately improves customer satisfaction and operational efficiency. Contact centers are obvious applications for AI in the enterprise. ASAPP brings their vision to reality – today – for many of the world’s leading companies in the airline, communications, and financial services sectors – while ensuring sophisticated data safety and privacy standards.”

    ASAPP has received numerous industry awards and its leadership in customer experience was recognized by Forrester. It named ASAPP as a leader in The Forrester Wave™: Digital Customer Interaction Solutions, Q2 2024 report. In addition, ASAPP was recognized as a leading vendor in Forrester’s The Conversation Intelligence Solutions for Contact Centers Landscape, Q1 2025 report.

    Helpful links

    About ASAPP
    ASAPP is an AI solution provider committed to solving the toughest problems in customer service. Because we automate what was previously impossible to automate, our AI-nativesolutions deliver more than efficiency gains. They redefine the role of AI in the contact center and lay the groundwork for businesses to reimagine their customer experience delivery in the age of AI. Leading enterprises rely on ASAPP’s generative and agentic AI solutions to dramatically expand contact center capacity and transform their contact centers from cost centers into value drivers. To learn more about ASAPP, visit www.asapp.com.

    Media Contact
    Amy McDowell
    Offleash PR for ASAPP
    asapp@offleashpr.com 

    The MIL Network

  • MIL-OSI Economics: Real Quantum Dot Guide: 10 Years of Samsung Innovations Redefining Picture Quality Standards

    Source: Samsung

    Quantum dots have attracted attention as a next-generation material for a wide range of applications including displays, medical devices and solar cells. In 2014, Samsung Electronics developed the world’s first no-cadmium quantum dot material and successfully commercialized quantum dot technology with its SUHD TVs. Since 2017, the company has continued to build on its legacy of quantum dot mastery through QLED — its own quantum dot TV series. Samsung Newsroom explored how quantum dots are taking Samsung displays to the next level.

    Quantum Dots: The Next Generation of Display Innovation
    Quantum dots are ultra-fine semiconductor particles with physical characteristics that allow them to provide higher level of color accuracy and brightness. Since inception, their physical characteristics had them positioned to revolutionize display technology.
    When used in displays, quantum dots support a wide color gamut that closely matches colors perceived by the human eye and facilitate pixel-level light adjustment for more accurate black levels. Emitting light in all directions, quantum dots deliver uniform luminance and consistent color from any viewing angle while minimizing blue light exposure for a more comfortable viewing experience.

    What Sets Samsung QD TVs Apart: Content, Film Quality and No-Cadmium Technology
    The TV industry continues research and development into the commercialization of quantum dots as the material becomes a game-changer in display technology. For that reason, a variety of quantum dot TVs have hit the market recently — offering a wide range of options to customers.
    However, key differences in quantum dot TVs lie in how the technology is implemented and the overall quality of the display. To ensure a premium viewing experience, factors such as the amount of quantum dot content, the quality of quantum dot film and the innovative use of no-cadmium materials must be considered.

    Quantum Dot Content
    The true quality of a quantum dot TV is defined by its quantum dot content. Higher concentrations of Quantum Dots in the QD layer are required to achieve the vivid, rich picture quality and color expression that QLED displays are known for.
    Quantum Dot Film
    Quantum dot displays have a simpler and more efficient structure compared to LCDs. Samsung QLEDs eliminate the need for a phosphor layer, as the QD layer itself, together with the blue backlight combine to enhance brightness and deliver more vivid color. .
    A dedicated quantum dot film that contains sufficient quantum dots is key in delivering top-class picture quality and longevity.

    No Cadmium
    In the early stages of developing quantum dot TVs, cadmium was considered the most efficient material for producing quantum dots and essential to achieving the technology’s key benefits of quantum dots such as color reproduction and contrast ratio.
    However, cadmium’s toxicity and environmental impact became a significant obstacle to the commercialization of quantum dot technology. The element posed threats to the environment — making its widespread use difficult, despite being the most suitable material for implementing quantum dot technology.
    In response to this challenge, Samsung developed and patented the world’s first no-cadmium quantum dot material in 2014 and successfully commercialized quantum dot technology with its SUHD TVs in the following year to open a new era of quantum dot TVs.

    10 Years of Quantum Dot Innovation and Leadership
    Samsung has quickly recognized the potential of quantum dot technology and led innovation in the global display market over the past decade through continuous research and investment.

    Samsung began researching and developing quantum dot technology in 2001 — at a time when there was limited research on non-cadmium materials. Achieving vivid colors required making the nano-sized particles uniform, but the lack of technology and research made mass production extremely challenging.
    Despite these obstacles, Samsung succeeded in creating a no-cadmium nanocrystal material in 2014. Since then, the company has accumulated extensive expertise — registering more than 150 patents — and continuously worked on advancing the technology. As noted above, delivered another innovation in 2015 when it unveiled the world’s first SUHD TVs with no-cadmium quantum dot technology.

    Samsung’s QLED lineup was revealed in 2017, setting a new standard for premium TVs that overcame the limitations of OLED TVs. By applying metal quantum dot technology, Samsung achieved the Digital Cinema Initiative’s color standard DCI-P3 and achieved 100% color volume for the first time in the world — thereby presenting unparalleled color expression. Notably, the use of inorganic quantum dot technology protected the screens from burn-in2 to ensure consistent picture quality over time.

    Following its success in developing a red light-emitting element for displays in 2019, the company enhanced the luminous efficiency of blue self-emitting QLEDs — considered the most challenging to implement among the three primary QLED colors1 — to an industry-leading 20.2%.2
    “Discovering a blue material for self-emitting QLEDs and demonstrating industry-leading performance at the device level were significant achievements of this research,” said Dr. Eunjoo Chang, a fellow at Samsung Advanced Institute of Technology. “Samsung’s distinctive quantum dot technology has once again overcome technical barriers.”
    Our latest Samsung Neo QLED TV models take things one step further by replacing standard LEDs with a higher number of mini-LEDs, allowing for even more detail, brightness, and vivid colors, and are available with both 4K and 8K resolution.
    Samsung remains dedicated to advancing quantum dot technology through continuous innovation. The company continues to invest in leading display technology by offering high brightness, color accuracy and frequency. Driven by unrivaled quantum dot innovations from Samsung, the future of display technology is brighter than ever.

    MIL OSI Economics

  • MIL-OSI United Kingdom: Channel Islands Ministers visit Brussels04 March 2025 Channel Islands Ministers discussed the planned reset in relations between the EU and UK with senior EU and British diplomats during meetings in Brussels. The discussions took place on the sidelines… Read more

    Source: Channel Islands – Jersey

    04 March 2025

    Channel Islands Ministers discussed the planned reset in relations between the EU and UK with senior EU and British diplomats during meetings in Brussels. The discussions took place on the sidelines of a reception to mark the 15th anniversary of the Channel Islands’ Brussels Office. 

    The External Relations Ministers of Guernsey and Jersey, Deputy Jonathan Le Tocq and Deputy Ian Gorst, met with senior diplomats from France, the UK, Poland and Malta. Discussions also included the Islands’ relationship with France, their closest European neighbour, and promoted the Islands’ financial services interests, noting both Islands’ recent positive MONEYVAL assessments, as well as developments in sustainable finance.

    Ministers also drew attention to the significance of the Islands’ relationship with Europe and spoke to existing areas of cooperation with Member States. 

    Speaking after the visit, Jersey’s Minister for External Relations, Deputy Ian Gorst said: “It is more important than ever, post Brexit, to engage with representatives of European Member States. Direct engagement with the EU in Brussels is essential to ensure our interests are known and understood. I look forward to continuing to build on our discussions over the past days through the work of the Channel Islands Brussels Office.”

    Guernsey’s Minister for External Relations, Deputy Jonathan Le Tocq said: “The visit was a key opportunity to speak with representatives in Brussels and inform them of the interests of the Channel Islands. Regular engagement with EU partners is an essential part of our long-standing good neighbour policy. During these meetings I was pleased to discuss our financial services interests as well as noting the positive MONEYVAL assessment.” 

    The Ministers’ programme in Brussels included meetings with the Permanent Representatives (Ambassadors) to the EU of France and Malta, the Polish Political Counsellor, the UK Deputy Ambassador to the EU, the UK Ambassador to Belgium, and representatives of the Devolved Administrations and other Third Country offices in Brussels. 

    The Ministers hosted a reception for partners and stakeholders in Brussels to mark the 15th anniversary of the Channel Islands Brussels Office, the representative office for the governments of Guernsey and Jersey to the European Union. They were joined at this event by Jersey’s Director of Financial and Professional Services, Guernsey’s Director of Finance Sector Development, as well as representatives from Guernsey Finance and Jersey Finance who collectively promoted the Channel Islands’ financial services expertise to the European audience.​

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Council announces amendments to new Experimental Parking Zone around Everton Stadium

    Source: City of Liverpool

    Liverpool City Council has announced several amendments to the experimental parking zone surrounding Everton Stadium as well as a number of improvements to the area, since the new venue’s first test event.

    The zone, introduced under an Experimental Traffic Regulation Order (ETRO), went live two weeks ago today (on Monday, 17 February) to coincide with Everton FC’s inaugural match at the stunning waterfront stadium at Bramley Moore-Dock. 

    A major public consultation was launched as part of the ETRO and the Council has so far received 4,895 responses.

    Based on feedback from businesses and residents in the city’s North Docks community, as well as initial findings from that historic event, the Council will now implement changes to its operation. 

    The proposed amendments include:

    • Applications for more than 10 business permits will be accepted on a case-by-case basis. Note: Business permits cost £50 each. Resident and visitor permits are free.
    • Safety-focussed enforcement of the zone on the second stadium test event, on Sunday, 23 March. (This will allow more time for businesses and residents to apply for permits and for the Council to investigate the level of appropriate enforcement during events.)
    • The one-hour limited waiting restriction will be extended to two hours, where possible.
    • Permit parking will be introduced in the Pumpfields area (i.e. the Blackstock Street, Paul Street, Pall Mall and Chisenhale Street areas.)

    The process to modify the ETRO to implement these initial recommendations (including new signage) will begin to be enacted within the next three months.

    The ETRO enables the Council to make these changes flexibly in the light of experience and analysis of their impact on a day-to-day basis. Further changes may also be made following the further two stadium Test Events, in March and May, and throughout the 18-month process up to August 2026. 

    In response to feedback from businesses, the Council will also explore the scope for on-street pay and display parking bays in key locations to identify options, where possible, for longer-stay parking.

    A further series of improvements, identified from the first test event, will also now be implemented, including:

    • A review of the event traffic management plan on road closures ahead of the second test event. This is to ensure closures are enacted and communicated more effectively.
    • Improvements to Street Lighting on walking routes to and from the stadium.
    • Improved pedestrian wayfinding signage between Sandhills station and City Centre stations and the stadium.
    • Temporary signage to shuttle bus and taxi rank locations.

    Following these amendments and improvements, the Council’s Highways team will continue to monitor the impact of the ETRO to determine whether this has positively assisted businesses, visitors, and public opinion and if other amendments are required.

    When and where do the ETRO measures apply?
    The new measures introduced in the zone, which radiates out via a 30-minute walk from the stadium, operate between the hours of 10am to midnight each day.
    North of Boundary Street, the zone is operative 1 August to 30 June. South of Boundary Street it is operative 12 months of the year. This is except for the Great Homer Street area, which operates 8am to midnight all year round.
    The ETRO is to run until August 2026, but Liverpool City Council will be seeking to review and amend the measures within the first six months before the new football season begins in August. The measures can be made permanent before August 2026, subject to agreement.

    What about Blue Badge holders?
    Blue Badge holders can park for as long as they need to within the permit parking areas in the experimental zone, and for up to three hours on a yellow line (unless a loading ban is in place). Badge holders can also park on yellow lines, unless there is a loading restriction, but they will need to clearly display their badge and blue parking clock as well as ensuring the vehicle is not causing an obstruction.
    For Blue Badge holders wishing to attend a football match at the stadium, Everton FC is in the process of exploring how it enhances its current parking offer to complement other transport arrangements such as the free shuttle bus service for disabled fans.

    Cllr Liam Robinson, Leader of Liverpool City Council, said: “Since the Experimental Parking Zone went live on the day of Everton’s first test event, the Council has been listening to all the feedback and analysing what we can do to make improvements.

    “We understand the concerns being raised by businesses, residents and fans and we’ve wasted no time in assessing the necessary amendments that can be introduced as quickly as possible.  

    “The measures that can be amended to alleviate concerns on issues like waiting times and number of permits will be considered as a priority. The major concerns from the first event around road closures and street lighting are also being addressed to ensure they are remedied by the second test event at the end of March.

    “We are also working closely with colleagues at the Liverpool City Region Combined Authority, Merseytravel and Merseyrail on their plans for public transport provision and we are in in active dialogue with them and Everton to ensure changes and improvements are made.”

    Cllr Dan Barrington, Cabinet Member for Transport and Connectivity, said: “Given this is an experimental zone and we are in the test event stage, lessons are being learned all the time.

    “I want to reassure everyone the Council is actively looking to make the necessary improvements to help businesses, residents and fans as much as possible, especially as we build up to the final test event in May and then the start of the new football season in August.

    “The Council is keen to continue talking to businesses to explain the process and to hear how the measures and amendments are impacting their staff and customers and how we can work together to make improvements quickly.

    “A key aim of the Experimental Zone is tackling the problem of commuter parking 365 days a year, as well as illegal and unsafe parking on double yellow lines and pavements. These issues impact the area all year round and it’s vital we get this right to support its economic development and to tackle congestion, especially as more businesses set up here and more residential schemes are developed.”

    MIL OSI United Kingdom

  • MIL-OSI Russia: Time Matters – Russians Shift Savings to Long-Term Deposits

    Translartion. Region: Russians Fedetion –

    Sours: Mainfin Bank –

    How did the bank deposit market change at the beginning of 2025?

    Russians’ demand for long-term deposits began to grow in January 2025 – clients are trying to lock in a high rate for a long period. According to the Finuslugi platform for the first two months of the year:

    The share of deposits for 6 months decreased by 1.5 percentage points, amounting to 54% of the total volume of deposits – the term is still the most popular; the share of deposits for 3 months decreased by 1.3 percentage points – to 25.2%; the share of deposits for 1 month also fell – to 3.1%; the share of deposits for one year, on the contrary, increased by 3 percentage points – to 13.7%; deposits for a term of over one year also show a slight increase.

    The downward trend in bank deposit yields began after the February meeting of the Central Bank of the Russian Federation – the regulator left the key rate at 21%, which forced banks review the terms of savings instruments. The average maximum rate in the country’s largest banks has already fallen by 1.2%.

    What do banks think about changing deposit terms?

    At the same time, domestic banks do not record a single trend towards clients switching to long-term savings, although they allow for such dynamics in the coming months:

    V MTS Bank see an increase in the popularity of long-term deposits, but within 2%; Post Bank noted an increase in the popularity of deposits for a period of 9 months – their share grew by 30%; in the bank “Russian standard» noticed an increase in demand for long-term deposits – a strengthening trend is expected; VTB the growth in the share of deposits for one year or more increased by only 0.4 percentage points; no movement of funds to long-term deposits was recorded in T-bank And Absolut Bank.

    “Deposit rates in Russia are close to the peak level, since the key rate is not expected to increase. If the regulator decides to move to easing the monetary policy, the deposit structure will change – Russians will prefer to fix high yields,” the expert notes.

    However, the expectation of a reduction in the key rate may also lead to a revision of bank policies – financial institutions will refuse to attract funds for a long term, having reduced the profitability of such savings products in advance.

    15:50 04.03.2025

    Source:

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

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

    HTTPS: //Mainfin.ru/novosti/srok- Imeet-Knowledge-Russians-re-consuming-on-day-liners

    MIL OSI Russia News

  • MIL-OSI: Alarum to Release Fourth Quarter and Full Year 2024 Results on March 20, 2025

    Source: GlobeNewswire (MIL-OSI)

    Conference call scheduled for Thursday, March 20, 2025, at 8:30 a.m. ET

    Tel Aviv, Israel, March 04, 2025 (GLOBE NEWSWIRE) — Alarum Technologies Ltd. (Nasdaq, TASE: ALAR), a global provider of web data collection solutions, will release its financial results for the fourth quarter and full year ended December 31, 2024, before the Nasdaq market opens on Thursday, March 20, 2025.

    Mr. Shachar Daniel, Chief Executive Officer, and Mr. Shai Avnit, Chief Financial Officer, will host a conference call on March 20, 2025, at 8:30 a.m. ET to discuss the financial results and business outlook, followed by a Q&A session.

    To join the live call, please dial one of the numbers below and connect five minutes before the call begins. Please note that participants will be asked to state their name and company upon joining the call. 

    If you are unable to connect via the toll-free numbers, please use the international dial-in number:
    US toll-free: 1-877-407-0789, international dial-in: +1 201 689 8562; Israel Toll Free: 1 809 406 247.

    Date: Thursday, March 20, 2025
    Time: 08:30 a.m. ET/05:30 a.m. PT/12:30 p.m. IL

    A replay of the call will be available after 11:30 a.m. ET on March 20, 2025, through 11:59 p.m. ET on April 20, 2025.

    To access the replay, visit the Company’s website at https://alarum.io/ or here.

    Replay Dial-In: 1-844-512-2921 or 1-412-317-6671. Access ID: 13751807

    About Alarum Technologies Ltd.

    Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) is a global provider of web data collection solutions. The solutions by NetNut, Alarum’s Enterprise Internet Access arm, are based on its world’s fastest and most advanced and secured hybrid proxy network, enabling its customers to collect data anonymously at any scale from any public sources over the web. Alarum’s network comprises both exit points based on its proprietary reflection technology and hundreds of servers located at its ISP partners around the world. The infrastructure is optimally designed to guarantee the privacy, quality, stability, and the speed of the service.

    For more information about Alarum, please visit www.alarum.io

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Alarum is using forward-looking statements in this press release when it discusses the timing of releasing financial results and the timing of the respective conference call. Because such statements deal with future events and are based on Alarum’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Alarum could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Alarum’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 14, 2024, and in any subsequent filings with the SEC. Except as otherwise required by law, Alarum undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.    

    INVESTOR RELATIONS CONTACT:

    investors@alarum.io

    The MIL Network

  • MIL-OSI: FE International Advises on the Acquisition of Vidello by Banzai International, Inc.

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) — FE International, a leading global M&A advisor for technology businesses, is pleased to announce the acquisition of Vidello, a video hosting and marketing technology company, by Banzai International, Inc. (NASDAQ: BNZI). This acquisition strengthens Banzai’s suite of AI-driven marketing tools, expanding its ability to provide businesses with innovative video solutions.

    Vidello, headquartered in London, offers a robust set of video marketing tools designed for entrepreneurs, startups, and agencies looking to enhance engagement through high-quality video content. Vidello has served over 90,000 customers, with its flagship CreateStudio product ranking among the top-rated video makers in the industry.

    “We’re doubling down on building the best suite of video products by adding Vidello. We believe that Vidello has created the best product in the world for making amazing 3D videos,” said Joe Davy, Founder and CEO of Banzai in a recent press release.

    The acquisition is expected to contribute approximately $6.5 million in revenue and $2 million in EBITDA to Banzai on a pro forma basis for the twelve months ending December 31, 2024. The transaction consists of a combination of cash and stock consideration, reflecting the strategic value of Vidello’s platform.

    “Vidello is an exciting addition to Banzai’s portfolio, offering a suite of high-impact video marketing tools that align with today’s digital-first strategies,” said Ashley Bohn, Partner at FE International. “We are proud to have advised on this transaction and look forward to seeing how Banzai integrates these solutions to drive further growth.”

    FE International acted as the exclusive M&A advisor to Vidello, ensuring a seamless transaction aligned with both parties’ strategic objectives.

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

    About Vidello

    Vidello is a video hosting and marketing suite which provides online businesses with the essential marketing and hosting tools to assist in growing business through video. To learn more about the company, visit www.vidello.com

    About Banzai

    Banzai is a marketing technology company that provides AI-enabled marketing and sales solutions for businesses of all sizes. On a mission to help their customers grow, Banzai enables companies of all sizes to target, engage, and measure both new and existing customers more effectively. Banzai customers include Cisco, New York Life, Hewlett Packard Enterprise, Thermo Fisher Scientific, Thinkific, Doodle and ActiveCampaign, among thousands of others. Learn more at banzai.io

    About FE International

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

    Media Contact:

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

    The MIL Network

  • MIL-OSI: Great Elm Capital Corp. (“GECC”) Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH GARDENS, Fla., March 04, 2025 (GLOBE NEWSWIRE) — Great Elm Capital Corp. (the “Company” or “GECC”), (NASDAQ: GECC), a business development company, today announced it will release its financial results for the fourth quarter and full year ended December 31, 2024 after the close of market trading on Monday, March 10, 2025, and discuss these results in a conference call on Tuesday, March 11, 2025 at 8:30 a.m. ET.

    Date/Time: Tuesday, March 11, 2025 – 8:30 a.m. ET
        
    Participant Dial-In Numbers:  
    (United States): (877) 407-0789
    (International): (201) 689-8562
       

    To access the call, please dial-in approximately five minutes before the start time and, when asked, provide the operator with passcode “GECC”. An accompanying slide presentation will be available in pdf format via the “Events and Presentations” section of Great Elm Capital Corp.’s website here after the issuance of the earnings release.

    Webcast
    The call and presentation will also be simultaneously webcast over the internet via the “Events and Presentations” section of GECC’s website or by clicking on the webcast link here.

    About Great Elm Capital Corp.
    GECC is an externally managed business development company that seeks to generate current income and capital appreciation by investing in debt and income generating equity securities, including investments in specialty finance businesses and CLOs. For additional information, please visit http://www.greatelmcc.com.

    Media & Investor Contact:
    Investor Relations
    investorrelations@greatelmcap.com

    Source: Great Elm Capital Corp.

    The MIL Network

  • MIL-OSI: Alto Ingredients, Inc. to Present in the 37th Annual Roth Conference

    Source: GlobeNewswire (MIL-OSI)

    PEKIN, Ill., March 04, 2025 (GLOBE NEWSWIRE) — Alto Ingredients, Inc. (NASDAQ: ALTO), leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, announced that management plans to participate at the 37th Annual Roth Conference on March 16th-18th. The conference is being held at The Laguna Cliffs Marriott in Dana Point, CA

    Management will conduct one-on-one meetings on March 17th.  Interested investors should contact their ROTH representative or Kirsten Chapman of Alliance Advisors Investor Relations at Investorrelations@altoingredients.com

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

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

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

    The MIL Network

  • MIL-OSI: Sky Quarry Appoints Energy Industry Veteran Todd Palin to Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    Brings Energy Production and Operational Expertise to Advance Waste-to-Energy Mission and Strategic Growth

    WOODS CROSS, Utah, March 04, 2025 (GLOBE NEWSWIRE) — Sky Quarry Inc. (NASDAQ: SKYQ) (“Sky Quarry” or “the Company”), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, today announced the appointment of Todd Palin to the Company’s Board of Directors.

    Mr. Todd Palin brings nearly two decades of hands-on experience in energy production and operational oversight. From Big Lake, Alaska, Mr. Palin is a seasoned Alaskan businessman, champion snowmachine racer, and former First Gentleman of Alaska. Mr. Palin brings a wealth of experience in energy production, resource management and public service.

    Energy Sector Experience

    Todd Palin brings 15 years of industry experience from his tenure with BP in Alaska’s North Slope oil fields. As a facility production operator, Todd’s job duties included all phases of production, getting crude to spec, prior to its transfer to the Trans-Alaska Pipeline System (TAPS) at pump station 1. His expertise in energy production, coupled with his firsthand understanding of Alaska’s unique resource challenges, positions him as a strong advocate for innovative approaches to harmonize traditional energy practices with green advancements.

    Commitment to Sustainability and Alaskan Communities

    In addition to his work in North Slope oil production, Mr. Palin is a fourth-generation commercial fisherman in Bristol Bay, reflecting his enduring commitment to Alaska’s natural resources and sustainable practices. His deep ties to his Alaska Native heritage and local communities provide a unique perspective on the importance of balancing environmental stewardship with economic development.

    Champion Snowmachine Racer

    Beyond his contributions to the energy sector, Todd Palin is a four-time champion of the Iron Dog Race, the world’s longest snowmachine race. The race traces the path of the Iditarod, with an additional route North of the Arctic Circle, totaling 2,500 miles, making it a grueling test of endurance and skill. 

    Mr. Palin has competed in the Iron Dog snowmachine race since 1993, demonstrating his commitment to the sport and his ability to persevere through some of the harshest conditions in Alaska. His team’s first win in the race took place in 1995 with additional wins in 2000, 2002 and 2007. 

    “Mr. Palin’s appointment comes at a crucial time as California faces ongoing refinery disruptions that threaten fuel supply stability,” said David Sealock, CEO of Sky Quarry. “His deep expertise in energy markets and production infrastructure, particularly on the West Coast, will be instrumental as Sky Quarry ramps up production at its Nevada refinery in 2025. His strong commitment to operational efficiency and regulatory compliance will be invaluable in advancing our mission to accelerate the transition to sustainable energy solutions, and enhancing national energy security.”

    “I’m excited to join Sky Quarry and work with the Sky Quarry team to further evolve the Company’s waste energy portfolio,” said Todd Palin. “Sky Quarry’s innovative approach goes beyond addressing immediate energy challenges; it’s about creating sustainable solutions that benefit both the environment and the communities we serve. I’m eager to apply my experience in energy production, resource management, and public service to help drive the company’s growth and contribute to its mission of transforming waste into valuable resources.”

    About Sky Quarry Inc.

    Sky Quarry Inc. (NASDAQ: SKYQ) and its subsidiaries are, collectively, an oil production, refining, and a development-stage environmental remediation company formed to deploy technologies to facilitate the recycling of waste asphalt shingles and remediation of oil-saturated sands and soils. Our waste-to-energy mission is to repurpose and upcycle millions of tons of asphalt shingle waste, diverting them from landfills. By doing so, we can contribute to improved waste management, promote resource efficiency, conserve natural resources, and reduce environmental impact. For more information, please visit skyquarry.com.

    Forward-Looking Statements

    This press release may include “forward-looking statements.” All statements pertaining to our future financial and/or operating results, future events, or future developments may constitute forward-looking statements. The statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project,” or words of similar meaning. Such statements are based on the current expectations and certain assumptions of our management, of which many are beyond our control. These are subject to a number of risks, uncertainties, and factors, including but not limited to those described in our disclosures. Should one or more of these risks or uncertainties materialize or should underlying expectations not occur or assumptions prove incorrect, actual results, performance, or our achievements may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. We neither intend, nor assume any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. You are urged to carefully review and consider any cautionary statements and the Company’s other disclosures, including the statements made under the heading “Risk Factors” and elsewhere in the Company’s Form 1-A offering statement filed with the SEC. Forward-looking statements speak only as of the date of the document in which they are contained.

    Investor Relations
    Chris Tyson
    Executive Vice President
    MZ Group – MZ North America
    949-491-8235
    SKYQ@mzgroup.us
    www.mzgroup.us

    Corporate Contact
    Jennifer Standley
    Director of Investor Relations
    Ir@skyquarry.com

    Company Website
    www.skyquarry.com

    The MIL Network

  • MIL-OSI: Phunware Appoints Quyen Du to Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    25-Year Corporate Strategy & Development Executive at Fortune 500 Consumer Brands to Advance Company’s New Strategic Growth Initiatives

    AUSTIN, Texas, March 04, 2025 (GLOBE NEWSWIRE) — Phunware, Inc. (“Phunware” or the “Company”) (NASDAQ: PHUN), a leader in enterprise cloud solutions for mobile applications, announced today the appointment of Quyen Du to its Board of Directors as an independent director, effective February 28, 2025. Ms. Du will also serve on the Company’s Audit, Compensation and Nominating and Corporate Governance Committees.

    Ms. Du brings 25 years’ experience in strategy and corporate development to the Company. Based in Texas, she is a recognized leader in finance, media and entertainment, recently serving as Head of Corporate Strategy & Development, Innovations and Research for Condé Nast (NYC). Ms. Du adds a depth of experience working in a wide range of roles across corporate strategy, finance and investments, business development, distribution and partnerships. Her previous experience includes her work for Fandom, Inc., one of the world’s largest entertainment fan community platforms, where she led corporate development and was responsible for driving acquisitive growth opportunities. Ms. Du also held various executive positions at NBC Universal, where she worked on transformative M&A deals, corporate digital strategy and new market entry initiatives, including across digital native, streaming, commerce, data, gaming and audio. She has also held a studio distribution planning position at Disney and a business development role at Showtime.

    Ms. Du will serve as a Class III director and is filling a seat vacated in October 2024 as a result of the resignation of our then CEO Michael Snavely.

    “Quyen has an impressive record of guiding strategic growth and adds tremendous insight to our Board across investments, M&A and new business development,” said interim CEO Stephen Chen. “The combined business and product strategy experience of our full Board today is a fundamental asset in guiding Phunware into the future. The Board and I welcome Quyen and look forward to together driving high growth revenue and profitability for our company and investors.”

    Phunware Business Update on Nasdaq Delisting Notification

    Ms. Du’s appointment is expected to satisfy Nasdaq Stock Market LLC (“Nasdaq”) continued listing requirements for audit committee service. The appointment of Ms. Du is also intended to facilitate planning of Phunware’s 2024 Annual Shareholder Meeting at which the Class III Director seat is to be filled. Nasdaq cited Phunware for non-compliance with continued listing rules due to its failure to hold an annual stockholders’ meeting prior to fiscal year ended December 31, 2024. The Company in February submitted a compliance plan to Nasdaq setting forth steps it intends to take to address the issue, including nomination or Ms. Du for formal election to serve as the Class III director.

    About Phunware

    Phunware, Inc. (NASDAQ: PHUN) is an enterprise software company specializing in mobile app solutions with integrated intelligent capabilities. We provide businesses with the tools to create, implement, and manage custom mobile applications, analytics, digital advertising, and location-based services. Phunware is transforming mobile engagement by delivering scalable, personalized, and data-driven mobile app experiences.

    Phunware’s mission is to achieve unparalleled connectivity and monetization through the widespread adoption of Phunware mobile technologies, leveraging brands, consumers, partners, digital asset holders, and market participants. Phunware is poised to expand its software products and services audience through its new Generative AI platform, utilize and monetize its patents and other intellectual property, and reintroduce its digital asset ecosystem for existing holders and new market participants.

    For more information on Phunware, please visit www.phunware.com. To better understand and leverage generative AI and Phunware’s mobile app technologies, visit ai.phunware.com.

    Safe Harbor / Forward-Looking Statements

    This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” and similar expressions are intended to identify forward-looking statements. For example, Phunware is using forward-looking statements when it discusses the adoption and impact of emerging technologies and their use across mobile engagement platforms.

    The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us. These forward-looking statements involve risks, uncertainties, and other assumptions that may cause actual results to differ materially from those expressed or implied. These risks and uncertainties include, but are not limited to, those factors described under the heading “Risk Factors” in our filings with the SEC. We undertake no obligation to update any forward-looking statements.

    By their nature, forward-looking statements involve risks and uncertainties. We caution you that forward-looking statements are not guarantees of future performance and that our actual results may differ materially from those expressed or implied by these forward-looking statements.

    Investor Relations Contact:

    Chris Tyson, Executive Vice President
    MZ Group – MZ North America
    949-491-8235
    PHUN@mzgroup.us
    www.mzgroup.us

    Phunware Media Contact:

    Joe McGurk, Managing Director
    917-259-6895
    PHUN@mzgroup.us

    The MIL Network

  • MIL-OSI: Verb to Acquire AI Social Selling Startup LyveCom

    Source: GlobeNewswire (MIL-OSI)

    LOS ALAMITOS, Calif., March 04, 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!, a TV show and innovative new platform disrupting the crowd funding industry, today announces that it has executed a binding term sheet to acquire LyveCom, a cutting-edge AI-driven video commerce platform. The transaction is subject to certain terms and conditions, including completion of an audit of Lyvecom’s financial statements, which terms and conditions are set forth in detail in the Form 8-K filed by the Company today.

    While the transaction is expected to close within the next 60 days, if not sooner, Phase 1 of the integration of Lyvecom’s technology is complete and the new MARKET.live officially launches TODAY.

    Management contends that this transaction should not be underestimated. The integration of LyveCom’s AI-driven technology into VERB’s MARKET.live now allows brands and merchants to deliver an omnichannel livestream shopping experience to their customers. Brands and merchants will not only engage their client and customers on the newly updated and refreshed MARKET.live site, but also seamlessly across their own websites, mobile apps, and social platforms, all while leveraging AI-powered video content automation and personalized shopping experiences.

    This proprietary technology embeds livestreams and shoppable videos directly onto merchant websites without impact on site speed, while simultaneously aggregating and repurposing content from TikTok, Instagram, and YouTube into interactive shopping experiences, allowing brands to engage customers without constant content production.

    A Transformative Step for MARKET.live and the Livestream Shopping Industry
    The new MARKET.live will introduce game-changing innovations, including:

    • One-Click Simulcasting: Instantly scale the broadcast of live shopping events across MARKET.live, TikTok Shop, Shopify’s Shop App, and other social sites, including the merchant’s own e-commerce sites, maximizing audience reach and engagement, while maintaining checkout and unified inventory management and control across all of the merchant’s social sites and platforms.
    • AI-Driven Video Commerce: Advanced AI capabilities will power real-time user-generated-content creation, automated video content repurposing, and AI-powered virtual live shopping hosts.
    • Frictionless Merchant Integration: Frictionless, self-serve onboarding for merchants, enabling millions of Shopify merchants to adopt live and shoppable video with a simple 3-click integration, making livestream shopping capabilities more accessible and useable than ever.
    • New Strategic Partnerships: New and expanded strategic partnerships with Tapcart, Shopify Shop App, Klaviyo, Recharge, and agency networks will expand MARKET.live’s footprint into mobile commerce and high-growth DTC brands.
    • Real-Time Data & Analytics: An intelligent analytics hub will provide in-depth insights into shopper behavior, enabling merchants to refine strategies and boost conversions.

    “The future of commerce is video-first, and this acquisition accelerates that future,” said Maxwell Drut, Co-Founder and CEO of LyveCom and incoming Chief Technology Officer at MARKET.live. “By combining LyveCom’s cutting-edge AI-powered video commerce technology with VERB’s expansive market reach, we are creating one of the most advanced, omnichannel video shopping ecosystems in the U.S. Together, we’re not just enabling brands to sell through video — we’re redefining how consumers discover, engage, and shop in a content-driven world.”

    “Unlike closed marketplaces like Amazon Live and TikTok Shop, MARKET.live + LyveCom offers brands full control over their audience, content, and conversions while leveraging AI to automate and optimize video commerce. This is a paradigm shift in digital retail, empowering brands to sell smarter, faster, and more profitably than ever before. And with over 4 million Shopify merchants actively seeking AI-driven solutions, we believe that the addition of LyveCom’s AI technology, VERB’s MARKET.live is positioned for explosive growth and recurring revenue expansion.”

    “This deal brings together LyveCom’s innovative AI driven video commerce solutions with VERB’s resources and expertise,” said Kevin Gould, founder and CEO of Kombo Ventures and early Lyvecom investor. “I’m incredibly proud that Kombo Ventures helped incubate Lyvecom, and I’m energized by the shared vision to rapidly create the market leader in AI-driven social shopping.”

    Experience the New MARKET.live Interface
    Customers, brands, and retailers can now explore the fully modernized MARKET.live interface at www.MARKET.live. The revamped platform not only aligns seamlessly with the latest trends in social selling, video commerce, and livestream shopping, providing an immersive and interactive shopping experience unlike any other, but also establishes the new paradigm we believe other ecommerce platforms will strive to emulate.

    Comprehensive Go-To-Market Strategy & Client Onboarding 
    With a well-defined and proven go-to-market strategy, as will be evidenced in VERB’s forthcoming Form 10-K filing, VERB’s MARKET.live is set to onboard an additional extensive list of clients, including top agency partners and direct-to-consumer brands. The acquisition strengthens MARKET.live’s ability to cater to a diverse range of businesses, from independent Shopify sellers to enterprise-level brands, ensuring a seamless and scalable transition into AI-powered social commerce.

    Positioning VERB’ MARKET.live as an Industry Leader 
    The completion of this acquisition will establish VERB’s MARKET.live as a definitive leader in livestream and AI-powered social commerce. Unlike competitors that operate within closed marketplaces, MARKET.live will offer a truly integrated, multi-platform solution that:

    • Expands e-commerce opportunities beyond a single channel, increasing brand exposure and sales potential.
    • Unlocks access to Shopify’s vast network of over 4 million merchants looking for AI-powered video commerce solutions.
    • Automates video content production and personalization at scale, driving efficiency and engagement for brands of all sizes.

    Additional features include:

    • AI-Generated Video UGC: A proprietary AI model trained on tens of thousands of video commerce interactions that will automate content creation for brands.
    • AI-Powered: Blending AI-driven personalization, automation, and omnichannel reach, bringing massive 24/7 global scalability to live shopping experiences, MARKET.live will turn video engagement into revenue.
    • AI-Powered Predictive Analytics and Automated Shoppable Content: Intelligent tools designed to optimize merchandising strategies and increase conversion rates.

    “This strategic acquisition underscores VERB’s commitment to constant and continuing innovation, as we seek to shape the future of social commerce and ultimately dominate the landscape,” said Rory J. Cutaia, CEO of VERB. “The addition of LyveCom’s AI-driven video commerce capabilities to the new MARKET.live will offer an unparalleled shopping experience that bridges brands, marketplaces, and social platforms — ensuring that consumers can engage and shop wherever they are.”

    The Future of AI-Powered Livestream Shopping – Here’s What’s Coming 
    This transaction and the work our combined teams have undertaken over the past 9 months has paved the way for our upcoming launch of yet more next generation social commerce capabilities, including:

    • AI Avatar Live Shopping Hosts: This new proprietary technology, already trained on tens of thousands of video commerce videos, has paved the way for the launch of real time AI Avatar hosts, virtually indistinguishable from human hosts, capable of real-time audience engagement.

    According to an October 2024 report published by The Business Research Company, the global social commerce industry is anticipated to experience rapid growth and is projected to surpass $1.29 trillion by 2028 at a CAGR of 13.7%.1 The Company believes that AI-powered social selling is among the fastest-growing segments in e-commerce today.

    With this acquisition, VERB is setting a new industry standard for interactive video-based social commerce, with the goal of ensuring that MARKET.live is the dominant force in this space and the go-to platform for brands looking to future-proof their business with AI-powered video commerce.

    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 ecommerce 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 including the following statements; the transaction closing within the next 60 days, if not sooner; the integration of LyveCom’s AI-driven technology into VERB’s MARKET.live allowing brands and merchants to deliver an omnichannel livestream shopping experience to their customers; the new MARKET.live introducing game-changing innovations; the combination of LyveCom’s cutting-edge AI-powered video commerce technology with Verb’s expansive market reach, creating one of the most advanced, omnichannel video shopping ecosystem in the U.S., redefining how consumers discover, engage, and shop in a content-driven world; the revamped platform establishing the new paradigm other ecommerce platforms will strive to emulate; the completion of the acquisition establishing VERB’s MARKET.live as a definitive leader in livestream and AI-powered social commerce; MARKET.live will offering a truly integrated, multi-platform solution; the addition of LyveCom’s AI-driven video commerce capabilities to the new MARKET.live offering an unparalleled shopping experience that bridges brands, marketplaces, and social platforms — ensuring that consumers can engage and shop wherever they are and ensuring MARKET.live remains the go-to platform for brands looking to future-proof their business with AI-powered video commerce. 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, the ability to satisfy the closing conditions and consummate the acquisition; the ability of VERB to derive the benefits anticipated from the acquisition including becoming a leader in livestream and AI-powered social commerce and 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

    1https://www.einpresswire.com/article/754813834/social-commerce-global-market-2024-to-reach-1291-47-billion-by-2028-at-rate-of-13-7

    The MIL Network

  • MIL-OSI: Banking Virtual Investor Conference Agenda Announced for March 6th

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) — Virtual Investor Conferences, the leading proprietary investor conference series announced the agenda for the Banking Virtual Investor Conference to be held March 6th

    Individual investors, institutional investors, advisors, and analysts are invited to attend.

    REGISTER NOW AT: https://bit.ly/4klZYjy

    It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. There is no cost to log-in, attend live presentations, or schedule 1×1 meetings with management.

    “We are honored to host this year’s Banking Virtual Conference and provide a platform for many of our OTCQX Banks to communicate their strategies and industry perspectives directly to investors,” said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group.

    March 6th

    To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com.

    About Virtual Investor Conferences®

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

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

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

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

    The MIL Network

  • MIL-OSI: MAIN STREET FINANCIAL SERVICES CORP. to Present at the Banking Virtual Investor Conference March 6th

    Source: GlobeNewswire (MIL-OSI)

    WOOSTER, Ohio, March 04, 2025 (GLOBE NEWSWIRE) — Main Street Financial Services Corp. (OTCQX: MSWV), (the “Company”), the holding company parent of Main Street Bank Corp. 

    Mark R. Witmer, Executive Chairman, James R. VanSickle II, President & CEO, and Todd J. Simko, SVP, Chief Operations Officer and Chief Risk Officer will present live at the Banking Virtual Investor Conference hosted by VirtualInvestorConferences.com, on March 6th, 2025

    DATE: March 6th
    TIME: 11:30 AM
    LINK: https://bit.ly/4io8egV

    Available for 1×1 meetings: Monday, March 10, 2025

    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

    • Financial results reflect the second full quarter following the completed merger of Main Street Financial Services Corp. (Main Street) and Wayne Savings Bancshares, Inc. (Wayne) on May 31, 2024.
    • Net income for the fourth quarter of 2024 totaled $3.2 million, or $0.41 per common share
    • Annualized deposit growth of 19.7% for the quarter ended December 31, 2024
    • Reduced reliance on wholesale funding by $40 million during the fourth quarter of 2024
    • Declared cash dividend of $0.14 per share on January 10, 2025

    About Main Street Financial Services Corp.
    Main Street Financial Services Corp. is a holding company headquartered in Wooster, Ohio. Its primary subsidiary, Main Street Bank Corp. was founded in 1899 and provides full-service banking, commercial lending, and mortgage services across its branch infrastructure. Today, Main Street Bank Corp. operates 19 branch locations in Wooster, Ohio, Wheeling, West Virginia and other surrounding communities in Ohio and West Virginia. Additional information about Main Street Bank Corp. is available at www.mymainstreetbank.bank.

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

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

    CONTACTS:
    Main Street Financial Services Corp.
    James R. VanSickle II
    President & CEO
    (330) 264-5767
    jvansickle@mymainstreetbank.bank

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

    The MIL Network

  • MIL-OSI Video: Middle East Trajectories | World Economic Forum Annual Meeting 2025

    Source: World Economic Forum (video statements)

    Recent events in Syria have added to the already complex dynamics in the Middle East. As these changes ripple across countries economically and geopolitically, what will be the regional and global impacts?

    Speakers: Mirek Dušek, Alexander Schallenberg, Samer S. Khoury, Abdulatif Rashid, Bronwen Maddox

    The 55th Annual Meeting of the World Economic Forum will provide a crucial space to focus on the fundamental principles driving trust, including transparency, consistency and accountability.

    This Annual Meeting will welcome over 100 governments, all major international organizations, 1000 Forum’s Partners, as well as civil society leaders, experts, youth representatives, social entrepreneurs, and news outlets.

    The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.

    World Economic Forum Website ► http://www.weforum.org/
    Facebook ► https://www.facebook.com/worldeconomicforum/
    YouTube ► https://www.youtube.com/wef
    Instagram ► https://www.instagram.com/worldeconomicforum/
    X ► https://twitter.com/wef
    LinkedIn ► https://www.linkedin.com/company/world-economic-forum
    TikTok ► https://www.tiktok.com/@worldeconomicforum
    Flipboard ► https://flipboard.com/@WEF

    #Davos2025 #WorldEconomicForum #wef25

    https://www.youtube.com/watch?v=4D5nxO2XMIM

    MIL OSI Video

  • MIL-OSI United Kingdom: expert reaction to unpublished preprint on inducing loss of function of genes in mice to produce woolly mammoth- like hair phenotypes

    Source: United Kingdom – Executive Government & Departments

    An unpublished preprint uploaded to BioRXiv looks at gene editing in mice to create woolly mammoth-like hair phenotypes. 

    Dr Tori Herridge, Senior Lecturer, School of Biosciences, University of Sheffield, said:

    Woolly Mouse in Context

    “Colossal have announced that they have successfully bred ‘woolly mice’, and this is a “water shed moment” in their mission to genetically engineer an arctic adapted elephant, aka “bringing back the mammoth.”

    “Colossal’s team made a number of genetic changes known as “knock outs” in lab mice that are already known to produce longer, thicker, wavier — or woollier — coats in mice. They also made a change known to cause blonde hair colouring in mice.

    “The result, therefore, of various “woolly mice” from these genetic changes is unsurprising: woolly mice have been produced in labs and by mice breeders many times before.”

     

    Mammoth-like genes?

    “Three of the genetic changes made in some of the mice were inspired by woolly mammoth DNA, but they still only show effects in mice. The mice were not edited to have a precise copy of the mammoth genes, but it is possible that these edits may have had a similar effect in both mice and mammoths (either by stopping the gene from working, or by changing the way the gene worked), but we cannot be sure about this.

    “It is also not possible to tell what impact these ‘mammoth-inspired’ changes had, if any, in the Colossal woolly mouse owing to other gene edits made at the same time.”

     

    Are we a step closer to ‘bringing back the mammoth’? 

    “A mammoth is much more than just an elephant in a fur coat. While we know a lot about mouse genetics, we know much less about mammoths and elephants. It isn’t yet known which sections of the genome are vital for achieving the characters need to make an elephant fit for life in the Arctic circle. Genes that are linked to fur and fat in well-studied animals like mice are obvious targets, but the devil is in the detail. And what about other characters that are equally important? Which bits of the genome underpin the teeth and jaw changes that might be needed to accommodate an Arctic diet, for example (mammoth teeth were clearly under strong evolutionary pressure to adapt to their diet)? What about things we haven’t even discovered yet, things we don’t know we don’t know?

    “Unless you decide to make EVERY edit necessary to in the genome, you are only ever going to create a crude approximation of any extinct creature, based on an incomplete idea of what it should look like. You are never going to ‘bring back’ a mammoth.

    “Colossal’s Woolly Mouse experiments also show that de-extinction attempts are fraught with failure: most gene-edited embryos failed to result in live pups (less than 10%), and very few of those born were successfully edited for all target genes. This is for experiments that made a small number of relatively simple (loss of function) changes in well understood genes, using a ‘model’ lab animal as a surrogate.

    “Engineering a mammoth-like elephant presents a far greater challenge: the actual number of genes likely to be involved is far higher, the genes are less well understood (and still need to be identified), and the surrogate will be an animal that is not normally experimented upon. Even if success rates are similar to those observed in the woolly mice (and they may well be lower given the greater number of edits and unknowns), there will likely need to be multiple pregnancies before a “successful” calf is born. This equates to either a very large number of surrogate dams, or – given elephant pregnancies last approximately 2-years – a very long time.

    “Mammoth de-extinction doesn’t seem to be on the horizon anytime soon.”

    Ethical Considerations

    “Colossal’s Woolly Mouse experiments show that the physical effect of genome-editing cannot be observed until the animal experimentation stage. This will also be true in elephants.

    “Although it is branded as “woolly mammoth de-extinction”, what is being proposed is an experiment to test the effect of certain gene edits on the appearance of elephants.

    “For the mice in these experiments the risk was small: the effect of these gene edits already known, and were not likely to cause risk or suffering to surrogate or pup.

    “We do not know the risk involved for elephants, but it could be very high.

    “We do know that surrogacy is a burden on the dam, and that captive elephant pregnancies carry risks even under normal circumstances.

    “Placing such a burden of risk on an elephant surrogate in pursuit of an experiment that – at best – will produce a simulacrum of a woolly mammoth, is unjustifiable.”

    Dr Saad Arif, Senior Lecturer, School of Biological and Medical Sciences, Oxford Brookes University, said:

    Is there enough info to comment on the announcement, how well can we judge what has been accomplished and how it has been done?

    “The preprint provides enough information on what has been accomplished and how it was conducted.”

     

    How novel is the research and techniques to create the mouse, is it more than just genetically engineered lab animals? Is this something more special?

    “One novel element of the work seems to be the use of genome-editing technologies to alter multiple genes at once with high efficiency and speed in mice. Although we have had the ability to alter multiple genes at once for sometime, the efficiency and speed with which these changes can be made could still be improved. Based on the results presented by the authors, their methods for generating transgenic mice with the desired changes appears to be both rapid and highly efficient, which would be extremely desirable when testing for the function of genetic changes in any context, whether it has implications for conservation or disease biology.

    “Genome-editing can also lead to unintended edits in non-targeted parts of the genome resulting in unwanted modifications, so-called off-target effects. Although, the authors report no missense mutations (potentially eradicating or modifying an untargeted gene’s function), this is not demonstrable proof that  gene function hasn’t been altered. Such off-target effects could be detrimental in real world applications of genome-editing e.g. curing a disease or in trying to turn an ‘elephant” into a mammoth’.

    “Another novel aspect of this study is that some of the genes targeted by the authors are based on  their comparisons of ancient mammoth and modern elephant genomes. This set of genes (in contrast to most of the others, which are selected based on information from mice studies) comprise those with identified differences between cold-adapted mammoths and their warm-adapted elephant cousins. Hence differences in these  genes could potentially be part of the cold adaptation repertoire of mammoths. This really paves the way for exploring the consequences of genomic differences in extinct species or populations.”

    How is this proof of principle for the research missions of the company?

    “It shows that Colossal have a model system to validate predicted effects of the DNA differences they have identified between mammoth and elephant genomes and which of these differences is relevant for mammoth’s cold adaptations. For example, they identified differences in DNA sequences of a gene that controls hair length both in Elephants and Mammals, they then introduced that difference in their mouse model, via genome editing, and determined that the  change does indeed affect hair growth. The ability to edit genomes. rapidly and efficiently, to test the role of DNA changes will help them prioritize which genetic modifications are relevant for cold adaptation. 

    “However, it is important to note that their ability to predict whether a gene controls hair growth comes from work done in mice, humans and other organisms. Not all genes will have functional effects that are so easy to predict because not all genes are as well studied and screening for the effect of alterations in these genes may not be as straightforward.  Many genes, unlike those that control hair colour or some aspect of outward appearance, may not have immediate or directly observable effects. Finally, given the idiosyncrasies of mouse biology, some genetic edits will just not manifest themselves in the same way as they would in mammoths or their relatives. The authors acknowledge this and this is a well-known issue with the use of mice in studying human genetics as well. Hence, being able to test whether a specific difference between mammoths and elephants is related to the former’s cold tolerance is still challenging.”

    What are the implications of this research? How close are we getting to the “de-extinction” of the Woolly Mammoth? Does this have significance in conservation biology?
    “I think we are still very far from their “de-extinction” goal. The elephant and mammoth genomes are considered to be 96.4% identical, however, that still leaves potentially another ~13 million changes in DNA sequence to consider! It is also still unclear how mammoth cold adaptation phenotypes without a clear outward manifestation, could be identified or screened in mice.

    “Additionally, at the moment it is difficult to see how they will “birth” a mammoth-like elephant as that may also require some additional technical advances and ethical considerations as this may require elephant surrogacy. Nonetheless, it still remains a goal worth striving for because of potential technical advances they could be achieved along the way. I wouldn’t mind being proven wrong on this.
    “I see this as a fairly small step towards their “de-extinction” goal and I still see us far from any direct impact in conservation biology. Nonetheless, being able to test the genetic effects of DNA differences discovered from extinct species and populations could help us identify the genes and sequence differences involved in making organisms more adaptable to their environments. 

    “Finally, the  efficiency and speed of their multiplex genome-editing technologies is promising and perhaps the most impactful part of their work. These methods could have implications for human disease and biology and help us understand, and potentially treat, complex genetic diseases or traits that are controlled by multiple genes.”

    Is there any ethical significance of this research to consider?

    “I don’t think the results of the current research are of any ethical significance. However, later down the line, the idea of ‘birthing a mammoth’ via an elephant (an endangered species) surrogacy will surely raise ethical concerns.”

    Dr Louise Johnson, Evolutionary Biologist, University of Reading, said:

    “Seeing these mice is a bit like looking back at the past, but with a highly selective telescope. This technology offers an exciting opportunity to test some of our ideas about extinct organisms.

    “It is an interesting piece of work, but the idea that we could bring something back from extinction is false hope.

    “What has been done here is not trivial, but of the ten different mutations engineered into the mice, only a few actually make the mouse gene closer to a known mammoth gene. The result does show that it is possible to genetically engineer many genes at once and still produce some live mice at the end of the process, though. The researchers have succeeded in nudging the mouse genome in the direction of a mammoth genome, which is a first.

    “If we have an idea of what a gene might do in an extinct mammal, this technology can produce powerful results by introducing a very similar sequence into a mouse. But in this particular case, most of the mutations are chosen just because they are already known to make mice have longer, coarser, wavier hair. You could, in theory, produce mice like this by just breeding mice with weird hair together.

    “In theory, you could introduce a gene for hairiness into an elephant and it would look quite mammoth-like, but it wouldn’t be a mammoth in any meaningful way. Elephants would be a terrible species to do this research with – they are huge, have long gestation periods, and require highly specialist housing and care. The mouse is a brilliant lab animal, and we know a lot about the mouse genome and how to alter it effectively. 

    “You do have to know a bit about how the extinct genes might work. For example, it was already known that the genes for coat colour and texture were similar in the mammoth and the mouse. Being able to create and introduce a mouse gene that is somewhat the same as the mammoth opens up a new way to look at evolutionary genetics.”

    Dr Alena Pance, Senior Lecturer in Genetics, University of Hertfordshire, said:

    “Genetic engineering in mice has been performed for a very long time using, developing, and testing a variety of technologies. These modifications include introducing traits from other species, notoriously ‘humanised mice’ that have been used for research related to human traits and disease.

    “The decoding of an extinct species genome to identify specific genes associated with particular traits has also been done before, where the physical characteristics of ancient humans have been deduced from their genomic data.

    “Perhaps the novelty here is using mice to confirm the assumptions about correlations between genes and specific traits. The press release gives the impression that mammoth genes were introduced to mice but from the preprint, it transpires that the genomic editing in these mice consists of inducing loss of function of several genes simultaneously. The choice of these genes comes from observed spontaneous mutations in mice that impact traits such as coat and comparative analyses of elephant and mammoth genomes that reveal similar loss of function in some of these genes.

    “The ability to use mice in order to examine and test gene-trait relationships and hypotheses about physical characteristics specifically using genomes from extinct organisms might prove useful, but overall not particularly novel.”

    Prof Dusko Ilic, Professor of Stem Cell Science, King’s College London, said:

    “The achievement described in the latest press release regarding “woolly mice” is interesting, particularly in terms of the strategy used to refine the list of genes related to hair growth that were also compatible with their model organism—the mouse. This is indeed a noteworthy milestone.

    “Once the gene list has been established, engineering mutations in mice, including those involving seven genes, is a well-established process and not particularly challenging.

    “With mice, the process is relatively straightforward. Their gestation period is only three weeks, and they typically give birth to six to eight pups per litter. However, translating this approach to elephants presents significant challenges. Elephants have the longest gestation period of any mammal—approximately two years—and generally give birth to a single calf. Furthermore, it will take 10-14 years for them to be sexually mature.

    “Assisted reproductive technologies (ART), including in vitro fertilization (IVF), have seen limited success in elephants. The primary ART method employed in elephants has been artificial insemination (AI). The Indianapolis Zoo achieved a significant milestone in 2000 by facilitating the first successful birth of an African elephant conceived through AI. In 2023, the same zoo announced that a 16-year-old African elephant named Zahara was pregnant via AI, marking the first instance where an elephant born through AI is expecting a calf conceived by the same method.

    “This raises critical questions: How many elephant cows would need to undergo experimental pregnancies to give a birth to a “woolly elephant”? And how long would it take before the first such hybrid is born?”

    Dr Denis Headon, Group Leader and Senior Research Fellow, The Roslin Institute, University of Edinburgh, said:

    “With a long-term goal of advancing the de-extinction of the mammoth, the team have managed to alter several mouse genes in one step. They chose these gene alterations based largely on things that we know about mice, rather than what we know about mammoths. This approach produced very shaggy mice with a coat that resembles that of the woolly mammoth remains we find today. While the mice have a striking golden coat, they are otherwise healthy, indicating that the method used is not harmful. Certainly this is an advance in speeding up the rate of genetic modification towards the many changes that distinguish one species from another, though it’s not clear that these changes alone would alter a relatively hairless elephant into a woolly animal. Further work on either synthesising or understanding the mammoth genome would also be required to go beyond these superficial characteristics to generate an animal that would, for example, have the right behaviour to live in Arctic conditions. This paper reports an important advance not only for de-extinction but for animal breeding in general.”

    An unpublished preprint titled ‘Multiplex-edited mice recapitulate woolly mammoth hair phenotypes’ by Rui Chen et al. was uploaded to BioRXiv on 13:00 UK time Tuesday 4 March. 

    Declared interests

    Dr Saad Arif: None

    Dr Louise Johnson: None

    Dr Alena Pance: I can confirm I have no conflict of interest regarding this story

    Prof Dusko Ilic: I declare no conflicts of interest.

    Dr Denis Headon: I don’t have any interests to declare on this paper/story.

    For all other experts, no response for our request for DOIs was received.

    MIL OSI United Kingdom

  • MIL-OSI Security: Dartmouth — March is Fraud Prevention Month: learn more about common scams

    Source: Royal Canadian Mounted Police

    This Fraud Prevention Month the Nova Scotia RCMP is reminding the public to always stay vigilant to help protect themselves against fraud, and sharing common scams to watch out for.

    Fraud can happen to anyone at anytime. Scammers use sophisticated ways to target individuals from across Nova Scotia. The best way to fight these types of crimes is through awareness and using educated caution when dealing with fraudulent calls, texts, emails and messages.

    The most common scams in Nova Scotia over the past year, include:

    • Extortion: Scammers unlawfully obtain money, property or services through intimidation. This is also done through sextortion, a form of blackmail that involves threats to distribute intimate images or videos if money isn’t paid to the fraudster.
    • Romance: Using fake profiles on social media and dating websites, scammers convince people to enter into a virtual relationship with the goal of having them send financial support. Often victims are asked to send compromising photos of themselves and are subsequently extorted for money.
    • Investment: Scammers solicit investments into false or deceptive investment companies that promise higher-than-normal returns.
    • Service: scammers offer services such as tech support, air duct cleaning, or new cellphone service plans, in attempt to steal personal information.
    • Vacation: Scammers call pretending to be a well-known airline, cruise company or vacation travel retailer. They share that you have won a free trip and that you have to pay taxes or fee associated with the free trip.
    • Spear phishing: Pretending to be from legitimate sources, and using what look to be legit email addresses, scammers try to get businesses or individuals to send them money.
    • Job: These scams involve online ads and fake job interviews; victims are often directed to purchase and send gift cards using fraudulent cheques.
    • Rental: Scammers will list a property that is not real or that they do not own. Next, they ask potential renters to pay deposits for the fake property.
    • Bank investigator: Scammers call and ask for help catching fraudulent bank employees or offer help in resolving suspicious account transactions.
    • Merchandise: Scammers create fake online ads online using resale sites, website pop-ups or fake company websites.
    • Emergency: Fraudsters prey on people’s fear of a loved one being hurt or in trouble and in need of financial support. (Also known as the ‘grandparent scam’).
    • Prize: Scammers contact people claiming they’ve won, or have a chance at winning, a prize or lottery; the winner is then asked to pay taxes or fees related to the fake winnings.

    If you or someone you know is a victim of a scam, report it to your local police and the Canadian Anti-Fraud Centre. Learn more, visit: https://antifraudcentre-centreantifraude.ca/index-eng.htm

    MIL Security OSI

  • MIL-OSI Economics: BOBC Auction Results – 4 March 2025

    Source: Bank of Botswana

    The Monetary Policy Rate (MoPR) was unchanged at 1.9 percent of the previous week, for a paper maturing on 12 March 2025. For the 1-month BoBC paper maturing on 2 April 2025, the stop-out yield decreased from 2.25 percent to 2.24 percent. The summarised results of the auction held on 4 March 2025, are attached below:

    BOBC Auction Results – 4 March 2025.pdf

    MIL OSI Economics

  • MIL-OSI Global: Africa’s ‘sleeping’ language, |xam, has been written in stone at Oxford university

    Source: The Conversation – Africa – By Elleke Boehmer, Professor of World Literature in English, University of Oxford

    A response to the legacy of the imperialist and mining magnate Cecil John Rhodes is being written into the fabric of the refurbished Rhodes House at the University of Oxford in the UK.

    A statement “remembering and honouring the labour and suffering of those who worked to create this wealth” has been translated into the southern African language ǀxam and carved into the stone parapet of a new convention centre within the building.

    Rhodes studied towards a degree in law at Oxford from 1876, taking eight years to complete it as he kept having to return to South Africa to look after his mining interests. He set up the Rhodes Scholarship in his will, so that male graduates from around the empire might benefit from an Oxford education. Women were included from 1978.

    At the same time, his diamond mining enterprise rested on black land expropriation, which is why his legacy has been contested in recent years.

    ǀxam is now a sleeping language, meaning that it is no longer used by any group as a mother tongue. It was spoken until the early 1900s by descendants of the Khoesan peoples and Afrikaners of the Northern Cape. It was famously recorded by the linguists Wilhelm Bleek and Lucy Lloyd at the end of the 1800s in Cape Town, where a number of ǀxam men were incarcerated at the Breakwater prison, itself a symbol of colonial conflict.

    Khoekhoegowab and other languages of northern South Africa, southern Namibia and Botswana, still spoken today, share complicated histories with ǀxam. The language lives on in the work of several leading South African authors, like Antjie Krog and Sylvia Vollenhoven. It’s found in the motto on the South African coat-of-arms where it reads “diverse people unite” – and now in the Oxford inscription.

    We are scholars of literary and storytelling histories including those of Afrikaans and ǀxam. Rhodes House tasked us to find ways of translating the inscription into ǀxam, in consultation with speakers and teachers of related languages that are still used.

    With its marked click consonants like ! and ǀ, the ǀxam inscription brings an unmistakable African presence to the heart of Oxford. The carving signifies resistance to the takeover, control and possession of other lands and people that underpinned the colonial project.

    Latin meets ǀxam

    Built in a monumental style by British architect Herbert Baker, Rhodes House is the home of the prestigious Rhodes Scholarships and stands as a memorial to Rhodes’ memory. Baker worked extensively in South Africa, where he designed the Union Buildings, the seat of the country’s government.




    Read more:
    Rock art: how South Africa’s coat of arms got to feature an ancient San painting


    A line in Latin honouring Rhodes and acknowledging his love for Oxford runs along the top parapet of the building, at the rear. The new inscription appears in parallel lower down, but also closer to the viewer on the ground.

    It can be seen as being in dialogue with the Latin writing. Latin, too, is a sleeping language.

    How ǀxam came to be used

    The decision to sculpt words honouring those who worked to generate Rhodes’ wealth emerges from five years of legacy and inclusion conversations held across the worldwide Rhodes Scholar community.

    These rewarding but often tough exchanges were conducted in the awareness of important initiatives exploring histories of empire, like the #RhodesMustFall and #BlackLivesMatter movements.

    The wording was collectively chosen. Representatives from all generations emphasised the importance of recognising that the Rhodes legacy was built on southern African people’s suffering and labour.

    The idea arose at an early stage to use a southern African indigenous language that could not be immediately translated or decoded. As one of us, Boehmer, explains in her research, it is important that the experiences of people marginalised by history are voiced if at all possible in their own languages. That their labour is, literally, put in their own words.

    In this way, we question and resist ideas of frictionless cultural exchange around the world – exchange that is always dominated by the global north through the medium of English.

    The translation

    Translating the text that emerged out of the conversations we had was an exercise in balancing languages, worldviews, and even translators. Although ǀxam was recorded in the late 1800s, it is no longer spoken.

    Therefore, the lead translator, Staphorst, approached the new inscription as an opportunity to work with and highlight the various entanglements between the ǀxam recorded by Bleek and Lloyd, and other related languages.

    After Staphorst’s preliminary translation, South African linguist Menán du Plessis provided a retranslation based on her extensive work on compiling ǀxam’s first reference grammar.

    Staphorst revised and edited further in line with reflections on the links between ǀxam, on the one hand, and other southern African languages (Nǀuu, Khoekhoegowab and Afrikaans), on the other.

    The new inscription moves beyond the fixation on the so-called “extinct” nature of the language, and rather embodies a point where the various histories, cultures and languages of the Cape meet each other.

    We then worked together from October 2024 to develop and test the translation. This crucially included a visit to the Kalahari, a formative landscape of the Bushman peoples, and a consultation with Ouma Katrina Esau and her granddaughter, Claudia du Plessis. Both teach Nǀuu (Nǀhuki), a language related to ǀxam.

    Grappling with legacy

    It’s significant that the language is tied to the South African region whose history Rhodes profoundly shaped, and where he lived and died. Two stones bearing translations into English of both the Latin and the ǀxam messages will appear near to the inscriptions, so that viewers will be able to engage with the meaning and the symbolism of both.

    The ǀxam inscription was carved by UK stone mason Fergus Wessel, who works in response to a longstanding English Arts and Crafts tradition. The inscription’s handcrafted aspect responds to the saying’s reference to the difficult labour of southern African peoples that produced the Rhodes wealth.




    Read more:
    San and Khoe skeletons: how a South African university sought to restore dignity and redress the past


    At a time when educators and activists have grappled with the legacy of imperial figures like Rhodes, the new inscription is an effort to deal in the present with the colonial past and its legacies.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. Africa’s ‘sleeping’ language, |xam, has been written in stone at Oxford university – https://theconversation.com/africas-sleeping-language-xam-has-been-written-in-stone-at-oxford-university-250691

    MIL OSI – Global Reports

  • MIL-OSI Global: Maps showing China’s growing influence in Africa distort reality – but some risks are real

    Source: The Conversation – Africa – By Brendon J. Cannon, Associate Professor, Khalifa University

    Global power dynamics in Africa are shifting, with China eclipsing the influence of the US and France. China has become Africa’s single largest trading partner.

    In response, media and policymakers in traditionally dominant states are increasingly using maps drenched in red or stamped with Chinese flags to depict Beijing’s expanding footprint. One map reproduced by a US congressional committee, for instance, showed Beijing’s influence and reach across the continent in red stripes.

    But these visuals oversimplify a complex reality. This is an issue I explore in a new study. For over a decade, I have researched the interactions of sub-Saharan Africa with other states like Turkey, Arab Gulf states, Japan and China.

    In a recent paper I explored the use of maps that have been created of Africa showing China’s projects across the continent. I argue that, by overlaying Chinese flags on maps depicting Africa and its 54 states, media and policymakers turn economic ties into a visual representation of foreign encroachment.

    This process is called securitisation – the framing of something as a threat, even if it’s not one.

    This visual securitisation not only heightens fears of dependency but also primes certain audiences – in the US, Japan and France, for instance – to view China’s presence as a direct challenge to their interests.

    Certain threats – like terrorist groups or nuclear weapons – are self-evident. China’s presence in many African states, however, is different: if it’s a threat, who is threatened and why? Do Chinese-built roads or railways – and the debt African states accrue for this infrastructure – constitute the threat?

    My research shows that the answer to these questions is: it depends.

    Portraying China’s presence in Africa with flags on maps can distort African states’ sovereignty and their power to make decisions based on national interests. This visual portrayal reduces these countries to arenas of global power competition. It fails to recognise them as strategic actors.

    China tops imports to African states

    On the other hand, my research shows that China’s role may not be entirely benign.

    My study focuses mostly on east Africa, to include the Horn of Africa. Much of Beijing’s engagement here remains primarily economic (as it does in west, central and southern Africa). However, China’s growing control over critical infrastructure and digital networks, and its pursuit of military footholds near strategic maritime routes, present real security concerns.

    Policymakers need to separate legitimate risks from exaggerated securitisation narratives. This would help them avoid the pitfalls of reactionary policies.

    Negative consequences

    Presenting China as a threat in Africa has three negative consequences.

    First, it erodes the idea and reality of African sovereignty and agency. Maps portraying Africa as overrun by China suggest that governments and civil society are mere bystanders unable to negotiate their own foreign and domestic agendas.

    The reality is that countries like Kenya actively engage with China to attract investments for development projects, and to balance their relations with other international actors like the US and Japan.

    The result of securitisation is that American or Japanese policymakers, for instance, have begun to view Africa through the lens of their strategic competition with China. This is evident in Washington’s foreign policy rhetoric, for example. This increasingly frames African states not just as partners but also as strategic battlegrounds in the growing US-China rivalry. The risk is that African countries may start being treated as passive players.

    Second, securitisation inflates the perception of China as a global security threat.

    The repeated use of maps with Chinese flags covering ports, railways and industrial zones creates an exaggerated image of unchecked expansion. These maps fail to show the host of other external states operating on the continent.

    The US, multiple European states, Japan, India, Russia, Turkey, the United Arab Emirates and South Korea all have significant interests in Africa. While China is by far the largest, most prominent external actor, with the widest reach throughout Africa, it’s been singled out because of the perceived threats its presence in Africa may pose to the west.

    Third, securitisation can lead to knee-jerk reactions to limit China’s presence rather than engage constructively with Beijing’s investments in Africa. These reactions can result in ill-advised attempts by China’s competitors to push projects that don’t correspond to the needs of African states. This partly explains Ethiopia’s strained relations with the west. Sanctions and aid cuts over the Tigray conflict fuelled a pivot toward China and Russia.

    The security risks

    Securitisation raises valid concerns, but my research also underscores genuine security risks related to China’s presence in Africa. These shouldn’t be overlooked.

    China’s growing role and embeddedness in Africa’s digital ecosystem presents a double-edged sword, for instance. Huawei and other Chinese companies have contributed to Africa’s telecommunications and digital transformation. But these investments also increase Beijing’s potential influence over data security, cyber governance and information flows. These give China the option to exploit networks for surveillance, intelligence gathering or political coercion.

    Chinese-funded, built or operated infrastructure, ports and military bases

    China’s expanding control over dual-use infrastructure is another concern. Chinese-operated ports in Djibouti, for instance, can be used for commercial and military purposes. They potentially grant Beijing a strategic foothold in key maritime corridors, such as the Red Sea. China could restrict access to these ports in times of conflict. Or use them to extend its naval footprint, similar to what it’s done in the South China Sea.

    It’s China’s pursuit of other military facilities beyond its bases in Djibouti that will have the most serious implications for African states’ sovereignty. This is part of a deliberate Chinese strategy to expand its global power projection and protect access to critical resources like oil and gas.

    Agreements on military facilities may end up undermining and even challenging African agency of action. The addition of Chinese ships and soldiers alongside the growing presence of US, European, Indian, Japanese and other regional naval forces could escalate tensions. It also risks entangling African states in power rivalries that aren’t in their national interests.

    China’s presence in Africa has been securitised through maps drenched in red and stamped with flags, framing its engagement as a looming threat rather than a complex geopolitical reality. However, the real challenge for African states is ensuring that China’s growing influence – especially in infrastructure, digital networks, and security – does not erode their sovereignty. Whether Beijing’s presence becomes an opportunity or a liability will depend on how effectively African governments assert their national interests in shaping these partnerships on their own terms.

    Brendon J. Cannon 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. Maps showing China’s growing influence in Africa distort reality – but some risks are real – https://theconversation.com/maps-showing-chinas-growing-influence-in-africa-distort-reality-but-some-risks-are-real-249454

    MIL OSI – Global Reports

  • MIL-OSI Global: Many more Denver teens have experienced homelessness than official counts show

    Source: The Conversation – USA – By Matthew Westfall, Medical Resident in Internal Medicine, University of Colorado Anschutz Medical Campus

    Denver saw an increase in youth homelessness from 10% to 25% between 2017 and 2021, according to our study recently published in the peer-reviewed journal “Pediatrics.”

    We are two physicians whose clinical work and research focuses on the social causes of health and disease. In particular, we’ve seen firsthand how housing instability influences health outcomes.

    Homelessness takes many forms, including living on the street or in a car, motel or shelter, or staying temporarily with friends or family. This last scenario is known as “doubling up.”

    Our findings suggest that 1 in 4 Denver youth age 14 to 17 experienced some form of homelessness in 2021, and that the number of youth experiencing homelessness in Denver is many times greater than what traditional methods find.

    In our study, we used three data sources in what’s known as a multiple systems estimation approach. This approach has been used to count other difficult-to-measure groups of people, including those with substance use disorders or COVID-19. Rarely has it been applied to homelessness.

    Our study relied on data from the public school system, Colorado child protective services and the Metro Denver Homeless Initiative.

    We combined these datasets to avoid overlap between individuals and counted unique youth present in the data. We then used statistical modeling techniques to estimate those who are “unknown” – meaning not identified in the data. Together, these combined known counts and “unknown” estimates can give a more complete size of the total population.

    Among our findings, we noted that 75% to 83% of youth experiencing homelessness in Denver identified as Black/African American or Hispanic.

    Why it matters

    Homelessness is associated with myriad negative health outcomes. Among youth, the rate of death is 10 times higher for those experiencing homelessness compared with housed youth.

    To count people experiencing homelessness, states and homelessness service providers most often rely on point-in-time counts. In a point-in-time count, local service providers interview and record people experiencing homelessness on one night in January of each year. Typically, only people who are living on the streets or in shelters are counted.

    In January of each year, local service providers record people experiencing homelessness.
    Boston Globe/GettyImages

    Point-in-time counts are crucial for policy decisions around homelessness because they help local, state and national organizations and governments allocate resources.

    However, point-in-time counts may miss people living in motels, doubling up, those who experience homelessness at other times of the year beyond January, and others. Consequently, many experts and researchers recognize that these counts give incomplete data.

    Young people are especially undercounted because they frequently experience homelessness as doubling up. For example, the national point-in-time count from 2019-2020 identified 106,364 school-age children experiencing homelessness in the United States. However, estimates from the public schools suggest the actual number was closer to 1.3 million.

    Service providers and governments need new methods to count those experiencing homelessness. From Denver to Washington D.C., they cannot appropriately make decisions or adequately fund evidence-based interventions using incomplete numbers. We believe our methods can be an important piece of the toolbox to improve estimates and better inform policy.

    What’s next

    Even according to traditional point-in-time counts, homelessness continues to rise significantly across Colorado and nationally. Our results suggest many more youth, and likely persons from all walks of life, are experiencing homelessness than previously known.

    Our team is working to use this methodology at the state level in Colorado. We plan to expand our counts to include adults in order to improve estimates among racial and ethnic minorities, LGBTQ+ people and other at-risk communities.

    At the same time, our results demonstrate that multiple systems estimation can be an important tool in Colorado and nationally. Our team is optimistic that other researchers, service providers and governments will begin to use this method in their localities.

    We hope that with a better understanding of the scope of homelessness, legislators and service providers can implement more effective policies to address this hidden crisis.

    The Research Brief is a short take on interesting academic work.

    Joshua Barocas receives funding from the National Institute on Drug Abuse. He is affiliated with the Infectious Diseases Society of America.

    Matthew Westfall 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. Many more Denver teens have experienced homelessness than official counts show – https://theconversation.com/many-more-denver-teens-have-experienced-homelessness-than-official-counts-show-249997

    MIL OSI – Global Reports

  • MIL-OSI United Kingdom: Major milestone for City Centre West as plans approved

    Source: City of Wolverhampton

    ECF – a joint venture between Homes England, Legal & General, and Muse – working in partnership with City of Wolverhampton Council, submitted proposals in Autumn 2024. This included detailed plans for the first phase, as well as on outline application for the wider masterplan.

    Following the decision, the new neighbourhood will be re-named Smithgate in a nod to the city’s historic metalworks.

    Alongside delivering over 1,000 new homes, including affordable homes, the Smithgate masterplan will include new shops, cafes, restaurants and public spaces. It also enables the delivery of an enhanced Market Square.

    First phase works, subject to funding agreements being in place, could commence later this year, and would include 331 Build to Rent and affordable homes along with new retail opportunities and public spaces.

    Smithgate has been identified by the council as a strategic brownfield opportunity: it features in the Wolverhampton Investment Prospectus and is detailed in the City Centre Local Area Action Plan.

    Part of a wider economic strategy to bring more people into the city centre, Smithgate will deliver a dynamic new neighbourhood. It will elevate Wolverhampton’s wider offer and boost footfall to support new and established businesses.

    Basit Ali, Development Director at ECF, said: “With planning consent secured we will be able to work quickly to start delivery of the first phase at Smithgate.

    “We’ve worked closely and in partnership with Wolverhampton Council to develop plans for an exciting new neighbourhood which will bring something different and new to the city. Its new name – ‘Smithgate’ – reflects the city’s historic industrial base as we deliver a dynamic new gateway to Wolverhampton.

    “Wolverhampton is a place with ambition, a plan, and the capability to deliver. Reaching this milestone is testament to our strong partnership with the council, the city’s leadership, and the local authority’s pro-active and supportive approach.”

    Councillor Chris Burden, Cabinet Member for City Development, Jobs, and Skills at City of Wolverhampton Council, said: “Smithgate will put people at the heart of the city centre with new homes, shops, cafes, and restaurants.

    “It will drive economic growth which will benefit all our communities, help meet our significant housing needs and create a new place for people to visit and spend time.

    “Now planning approval is in place we will continue to support ECF in securing the external funding needed to enable delivery of this transformational scheme.”

    The new brand identity for Smithgate celebrates the heritage of the place through bold industrial inspired typography and textured images and graphics which add a grit and hand built quality. The new brand will start to be rolled out immediately.

    MIL OSI United Kingdom

  • MIL-OSI: Fintech Cadence and Visa join forces to support payment innovation in Canada

    Source: GlobeNewswire (MIL-OSI)

    MONTREAL, Quebec, March 04, 2025 (GLOBE NEWSWIRE) — Fintech Cadence, Canada’s leading fintech incubator and Visa, a global leader in digital payments, have announced an exciting collaboration to fuel fintech innovation across Canada. Through curated programming, events and education, Visa will support the development of Canadian fintech companies building products and services for the payment and remittance sector.

    In Canada, fintechs are transforming the payments ecosystem and are a vital driver of our economy. Globally, Visa works with more than 2,000 fintechs to solve the greatest challenges within payments and provide them with the expertise needed to navigate the complexities of digital commerce.

    “We are excited about this new collaboration and the trust Visa have put in us,” said Layial El-Hadi, Executive Director at Fintech Cadence. “We have always been strong proponents of fostering collaboration and helping bridge the gap with founders who break the norm daily and provide innovative solutions for Canadian consumers and businesses. Thanks to this collaboration, we are continuing our mission of helping advance the financial system to serve Canadians for the better.”

    Fintech Cadence has been a driving force of innovation within the Canadian fintech landscape for the past eight years. As the largest fintech incubator in the country, the organization has fostered a vibrant community. It focuses on raising awareness about the sector, supporting founders in their early stages and connecting fintechs with the financial industry to promote the sector’s growth.

    “At Visa, we understand the journey of innovation all too well. Like many of these companies, we started with a vision to solve a consumer pain point and now, we are deeply committed to supporting the next generation of innovators,” said Chris Ferron, Vice President of Enablers, Merchants and Fintechs at Visa. “Our work with Fintech Cadence is a testament to this commitment and we are thrilled to collaborate to empower bold ideas and drive meaningful change in the payment space.”

    As part of the overall collaboration, Visa is one of the Champion Sponsors of the 2025 Fintech Drinks Series with the first of 5 events kicking off in Montreal on March 26th, 2025 at Espace CDPQ. Subsequent events will be held in Halifax (May ’25), Calgary (June ’25), Toronto (Sept ’25) and again in Montreal (Nov ’25). Additional information and registration for the events can be found on Fintech Cadence’s website (www.fintechcadence.com/fintech-drinks/) and via their LinkedIn page.

    About Fintech Cadence

    Fintech Cadence is a non-profit organization established in 2017 dedicated to the Canadian fintech community by providing multiple initiatives from coast to coast. Their mission is to advance the financial system for the better through a three-tier mandate of educating fintech talent, supporting early-stage startups, and fostering collaboration amongst Canada’s fintech ecosystem of financial institutions, VCs, incubators, accelerators and universities.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e9f7a86a-8830-46ee-98dc-cd660b7359b2

    The MIL Network

  • MIL-OSI Russia: The final of the case championship in sports management was held at the State University of Management

    Translartion. Region: Russians Fedetion –

    Source: State University of Management – Official website of the State –

    The State University of Management recently hosted the final of the case championship in sports management, organized by the professional football club CSKA together with the State University of Management, bringing together talented students ready to solve real problems in the sports industry.

    The case championship was held in two stages. The most active students visited the VEB Arena, where representatives of PFC CSKA conducted an excursion to places where no ordinary person has ever set foot. Our students visited the holy of holies of football players – the locker rooms, sat in the personal seats of legendary CSKA players, feeling the atmosphere of great victories and intense matches. The students were able to touch the history of the club, the excursion became an unforgettable moment, allowing them to look behind the scenes of a professional club.

    The first stage of the championship ended with the completion of homework, which served as a ticket to the final.

    The championship final took place within the walls of the State University of Management, where students worked on projects on topics such as volunteering at sporting events, organizing and managing fan movements in sports organizations, marketing strategies for sports clubs, and attracting young people to an active lifestyle.

    During the second stage of the championship, students not only developed theoretical concepts, but also proposed solutions to improve the efficiency of management in the field of sports.

    The prepared projects were evaluated, among others, by experts from the State University of Management – Associate Professor of the Department of Management in Healthcare and the Sports Industry of the Institute of Personnel Management, Social and Business Communications Tatyana Borisova, Senior Lecturer of the Department of Marketing of the Institute of Marketing Pyotr Tazov. The experts highly appreciated the students’ proposals and gave valuable advice.

    We thank the participants, the jury and the organizers for this unforgettable experience. Until next time!

    Subscribe to the TG channel “Our GUU” Date of publication: 03/04/2025

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

    MIL OSI Russia News

  • MIL-OSI China: China adds 10 US firms to unreliable entity list

    Source: China State Council Information Office

    Photo taken on April 4, 2018 shows the entrance to China’s Ministry of Commerce in Beijing. [Photo/Xinhua]

    China decided on Tuesday to add 10 U.S. firms, including TCOM, Limited Partnership, to the country’s unreliable entity list and take corresponding measures against them.

    From Tuesday onward, China will prohibit these companies from engaging in import and export activities related to China, and these companies will also be banned from making new investments within the country, according to a statement released by the Ministry of Commerce.

    The 10 U.S. firms are TCOM, Limited Partnership, Stick Rudder Enterprises LLC, Teledyne Brown Engineering, Inc., Huntington Ingalls Industries Inc., S3 AeroDefense, Cubic Corporation, TextOre, ACT1 Federal, Exovera and Planate Management Group.

    The decision was made to maintain China’s national sovereignty, security and development interests and in accordance with relevant laws and regulations, the statement noted.

    Disregarding strong objections from China, these 10 companies have in recent years either participated in arms sales to Taiwan or engaged in so-called military technology cooperation with Taiwan, a spokesperson for the ministry said.

    In response, China decided to hold these entities accountable in accordance with various laws and regulations, the spokesperson added.

    China has always prudently handled the issue of its unreliable entity list, targeting only a small number of foreign entities that pose risks to China’s national security, the spokesperson said, adding that law-abiding foreign entities that operate in good faith need not be concerned.

    The Chinese government will, as always, welcome companies from all countries to invest and operate in China, and is committed to providing a stable, fair and predictable business environment for foreign enterprises operating in China in accordance with laws and regulations, the spokesperson said.

    MIL OSI China News

  • MIL-OSI: Evolution Petroleum Announces Acquisition of Non-Operated Oil and Natural Gas Assets in New Mexico, Texas, and Louisiana

    Source: GlobeNewswire (MIL-OSI)

    Strategic Benefits of the Acquisition:

    • Adds approximately 440 net BOEPD of stable, low-decline production.
    • Enhances cash flow visibility with a balanced commodity mix.
    • Strengthens Evolution’s long-term dividend sustainability.
    • Offers low-risk development opportunities with potential for incremental production growth.
    • ~2.8x estimated Adjusted EBITDA1 for the next 12 months (NTM)2, providing immediate accretion.
    • $9.0 million purchase price vs. ~$15 million of Proved Developed PV-103.

    HOUSTON, March 04, 2025 (GLOBE NEWSWIRE) — Evolution Petroleum Corporation (NYSE American: EPM) (“Evolution” or the “Company”) today announced that it has entered into a definitive agreement to acquire non-operated oil and natural gas assets in New Mexico, Texas, and Louisiana (the “Acquisition”). The total purchase price for the Acquisition is $9.0 million, subject to customary closing adjustments. The Acquisition is expected to close by the end of Evolution’s third quarter of fiscal 2025 with an effective date of February 1, 2025. The Company intends to finance the Acquisition through a combination of cash on hand and borrowings under its existing credit facility.

    Kelly Loyd, President and Chief Executive Officer, commented: “This Acquisition marks our 7th such transaction in the last 6 years and is another step forward in strengthening our production base – aligns with our disciplined growth strategy by adding high-quality, low-decline production at an attractive valuation, estimated at ~2.8x NTM2 Adjusted EBITDA1 which doesn’t include any incremental cash flows for upside opportunities. These assets complement our existing portfolio and enhance our ability to generate stable free cash flow, which supports our long-standing commitment to returning capital to shareholders. We see additional upside through reactivations of existing waterfloods and through operational efficiencies, which will further enhance long-term value.”

    The Acquisition expands Evolution’s diverse asset portfolio with approximately 440 barrels of oil equivalent per day (BOEPD) of net production, consisting of a balanced commodity mix of 60% oil and 40% natural gas. The acquired assets are primarily low-decline, Proved Developed Producing (PDP) properties, characterized by a sub-7% annual base decline, ensuring stable cash flows and long-term value creation. The transaction is immediately accretive to all key metrics, reinforcing Evolution’s ability to sustain and grow its shareholder returns. The portfolio consists of approximately 254 gross producing wells across all regions. The assets will be managed by a top-tier private operator, ensuring operational efficiency and the ability to maximize value.

    “We remain committed to executing our strategy of acquiring high-quality, long-life assets that enhance our production base while maintaining financial discipline,” added Mr. Loyd. “This transaction further reinforces our strong balance sheet and ability to deliver consistent shareholder value through sustainable production and cash flow generation.”

    Non-GAAP Disclosure

    Certain financial information utilized by the Company are not measures of financial performance recognized by accounting principles generally accepted in the United States (“GAAP”).

    Adjusted EBITDA is a non-GAAP financial measure used as a supplemental financial measure by management and external users of the Company’s financial statements, such as investors, commercial banks, and others, to assess our operating performance as compared to that of other companies in our industry. We use these measures to assess our ability to incur and service debt and fund capital expenditures. Adjusted EBITDA should not be considered in isolation from or as a substitute for net income, as an indication of operating performance or cash flows from operating activities or as a measure of liquidity. Adjusted EBITDA may not be comparable to similarly titled measures reported by other companies. The Company defines “Adjusted EBITDA” as net income (loss) plus interest expense, income tax expense (benefit), depreciation, depletion, and accretion (DD&A), stock-based compensation, ceiling test impairment, and other impairments, unrealized loss (gain) on change in fair value of derivatives, and other non-recurring or non-cash expense (income) items. The Company cannot provide a reconciliation of NTM Adjusted EBITDA without unreasonable efforts because it is unable to predict with reasonable certainty the ultimate outcome of certain significant items required for reconciliation. These items are uncertain, depend on various factors and could have a material impact on GAAP reported results.

    PV-10 is a non-GAAP financial measure that differs from a financial measure under GAAP known as “standardized measure of discounted future net cash flows” in that PV-10 is calculated without including future income taxes. The Company believes the presentation of PV-10 provides useful information because it is widely used by investors in evaluating oil and natural gas companies without regard to specific income tax characteristics of such entities. The Company also uses PV-10 when assessing the potential return on investment related to oil and natural gas properties and in evaluating acquisition opportunities. PV-10 is not intended to represent the current market value of the Company’s estimated proved reserves. PV-10 should not be considered in isolation or as a substitute for the standardized measure as defined under GAAP. The Company also presents PV-10 at strip pricing, which is PV-10 adjusted for price sensitivities. Since GAAP does not prescribe a comparable GAAP measure for PV-10 of reserves adjusted for pricing sensitivities, it is not practicable for the Company to reconcile PV-10 at strip pricing to a standardized measure or any other GAAP measure.

    About Evolution Petroleum

    Evolution Petroleum Corporation is an independent energy company focused on maximizing total shareholder returns through the ownership of and investment in onshore oil and natural gas properties in the U.S. The Company aims to build and maintain a diversified portfolio of long-life oil and natural gas properties through acquisitions, selective development opportunities, production enhancements, and other exploitation efforts. Properties include non-operated interests in the following areas: the SCOOP/STACK plays of the Anadarko Basin in Oklahoma; the Chaveroo Oilfield located in Chaves and Roosevelt Counties, New Mexico; the Jonah Field in Sublette County, Wyoming; the Williston Basin in North Dakota; the Barnett Shale located in North Texas; the Hamilton Dome Field located in Hot Springs County, Wyoming; the Delhi Holt-Bryant Unit in the Delhi Field in Northeast Louisiana; as well as small overriding royalty interests in four onshore Texas wells. Visit www.evolutionpetroleum.com for more information.

    Cautionary Statement

    All forward-looking statements contained in this press release regarding the Company’s current and future expectations, potential results, and plans and objectives involve a wide range of risks and uncertainties. Statements herein using words such as “believe,” “expect,” “may,” “plans,” “outlook,” “should,” “will,” and words of similar meaning are forward-looking statements. Although the Company’s expectations are based on business, engineering, geological, financial, and operating assumptions that it believes to be reasonable, many factors could cause actual results to differ materially from its expectations. The Company gives no assurance that its goals will be achieved. These factors and others are detailed under the heading “Risk Factors” and elsewhere in our periodic reports filed with the Securities and Exchange Commission (“SEC”). The Company undertakes no obligation to update any forward-looking statement.

    Contact
    Investor Relations
    (713) 935-0122
    ir@evolutionpetroleum.com

    1)     Adjusted EBITDA is Adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization and is a non-GAAP financial measure; see disclosures at the end of this release for more information.
    2)     Based on current NYMEX strip prices as of 3/3/25; NTM represents 12-month period of 4/1/25-4/1/26.
    3)     PV-10 is based on proved reserves determined by internal management estimates using current NYMEX strip prices as of 3/3/25 and is a non-GAAP financial measure; see disclosures at the end of this release for more information.

    This press release was published by a CLEAR® Verified individual.

    The MIL Network

  • MIL-OSI: Stamen Co., Ltd. (4019.T) Announces Meeting with Major Shareholder Wojciech Jakub Podobas

    Source: GlobeNewswire (MIL-OSI)

    TOKYO, March 04, 2025 (GLOBE NEWSWIRE) — Stamen Co., Ltd. (4019.T), the developer and provider of the engagement platform TUNAG (https://biz.tunag.jp/), is pleased to announce that Wojciech Jakub Podobas founder of Podobas Global Investments, who recently became a major shareholder, visited the company’s Tokyo headquarters and held a discussion with CEO Taihei Onishi. The meeting covered the background of his investment in Stamen and his expectations for the company’s future. Below is an excerpt from their discussion.

    Key Discussion Points with Voytek Podobas (Wojciech Podobas)
    In response to a question from the CEO Taihei Onishi about what initially drew his attention to Stamen Co., Ltd. (4019.T), Voytek Podobas highlighted TUNAG, the company’s flagship product, as a key factor.

    “I believe that TUNAG, which connects companies and employees while enhancing both their professional and personal lives, is highly beneficial for Japanese society,” said Podobas. “In Japan, where work plays a significant role in people’s lives, improving workplace satisfaction is a critical issue, and TUNAG directly addresses this need. Tools like TUNAG are essential for the future development of Japan’s workforce and career growth. Its positive societal impact, combined with its exceptional and sustainable revenue growth rate, positions Stamen as a strong investment opportunity.”

    When asked about the quantitative criteria that guide his investment decisions, Voytek Podobas emphasized a combination of business performance and financial metrics.
    “In addition to evaluating a company’s product value and societal impact, I focus on two key quantitative criteria,” he explained. “First is business performance, which includes MRR/ARR growth rate, churn rate, and Total Addressable Market (TAM). Second is financial performance, where I prioritize trends in free cash flow (FCF) margin, return on capital employed (ROCE), and return on invested capital (ROIC). For a high-growth company like Stamen, prioritizing MRR and revenue growth is essential, while improving margins naturally follows as the company scales.”

    Voytek Podobas further outlined the key principles that influenced his decision to invest as Podobas Global Investments in Stamen, citing TUNAG’s strong MRR growth rate (over 40% YoY) and a consistently expanding customer base, which continues to reach new record highs each month.

    “Beyond its solid growth, Stamen maintains positive free cash flow and a well-defined dividend policy, making it a firm with long-term dividend growth potential,” he noted. “The ability to generate revenue while delivering meaningful social impact further reinforces my confidence in the investment.”

    Discussing expectations for Stamen’s future growth and profitability, Voytek Podobas stressed the importance of maintaining a clear strategic focus.

    “The key to long-term success is staying focused on core products and brand identity. Many companies struggle when they expand too aggressively into unrelated product categories after initial success, leading to stagnant growth,” he said.”For Stamen, rather than diversifying into unrelated markets, the most effective strategy is to enhance TUNAG by introducing new features, solutions, and premium add-ons. Companies that take a multi-module approach to increasing Average Revenue Per User (ARPU) often achieve sustained long-term success.”

    He concluded by expressing confidence in Stamen’s management team and its growth trajectory, emphasizing that the company is well-positioned to strengthen its market presence and deliver long-term value to investors.

    Comment from Stamen CEO Taihei Onishi
    “We are honored to welcome Wojciech Jakub Podobas as a major shareholder and appreciate his strong support for our business. His investment is a testament to the international recognition of our service, business vision, and growth potential. To meet these expectations, we will continue to strengthen our foundation while driving innovation across the entire Stamen Group to create new value.”

    About TUNAG
    TUNAG is a platform designed to enhance employee engagement by improving internal communication, sharing information, and fostering a strong corporate culture. It helps organizations increase productivity and reduce turnover rates.
    Currently, over 1,000 companies and more than 1 million users utilize TUNAG to solve organizational challenges. Its extensive features support areas such as:

    • Internal communication & company announcements
    • CEO messages & corporate vision alignment
    • Recognition programs & employee engagement initiatives
    • One-on-one meetings & feedback systems
    • Corporate training, manuals, and performance tracking
    • HR analytics & organizational surveys

    TUNAG continues to evolve, developing new features to enhance workplace satisfaction for employees across industries.

    For more information, users can visit:

    About Stamen Co., Ltd. (4019.T)
    Founded in 2016, Stamen Co., Ltd. (4019.T) operates under the mission: “Delivering inspiration and spreading happiness to as many people as possible.” The company has steadily expanded its business, leading to its public listing on the Tokyo Stock Exchange in December 2020.

    Stamen specializes in HR Tech solutions, with TUNAG as its flagship platform, alongside other services aimed at enhancing corporate engagement and workplace efficiency.

    Company Name: Stamen Co., Ltd. (4019.T)
    CEO: Taihei Onishi
    Employees: 105 (as of September 2024)
    Stock Code: 4019.T

    Contact

    Mr.
    Caesar Tabota
    office@podobas.global

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6151a4dd-1247-4ade-9c63-63d6633252dc

    The MIL Network

  • MIL-OSI: BigCommerce Improves App Development Capabilities and Functionality for Third-Party Developers

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, March 04, 2025 (GLOBE NEWSWIRE) — BigCommerce (Nasdaq: BIGC), a leading provider of open, composable commerce solutions for B2C and B2B brands and retailers, today announced a three-pronged product launch that strengthens the app-building experience for developers, extending the BigCommerce platform’s overall functionality.

    This launch includes:

    • A redesigned app development portal built for modern app developers and featuring a significantly more intuitive workflow
    • Unified Billing, a new feature that allows third-party solution providers to leverage BigCommerce billing infrastructure, making it easier to build and launch apps
    • A new partnership with Gadget.dev, a third-party solution that provides out-of-the-box hosting, infrastructure and a built-in connection to BigCommerce APIs

    “By empowering app developers with a more seamless development experience, we believe this release will have a significant impact on the overall breadth, adoption and app experience in our marketplace,” said Troy Cox, chief product officer at BigCommerce. “It further strengthens our commerce platform where businesses can easily plug in and swap out exactly the capabilities they need, empowering both our partners and customers to scale faster and create more compelling customer experiences.”

    With Unified Billing, tech partners building apps for BigCommerce can now transfer the billing responsibility for their apps over to BigCommerce, eliminating a time-consuming process and empowering them to focus on building new products and feature enhancements.

    “Integrating BigCommerce Unified Billing into our BigCommerce apps was a smooth and painless process,” said Corbin Kolehmainen, lead developer at Obundle. “The comprehensive documentation provided clear, step-by-step instructions that guided us through every stage of the implementation, complete with working example queries that can be dropped right into your code. With the seamless API integration and straightforward configurations, we were able to align our billing functionalities with BigCommerce’s unified system in no time. It’s really nice to not have to worry about building a custom payment processor. Trials and recurring billing are all handled for us automatically, allowing us to focus on delivering value to our customers.”

    “Unified Billing has allowed us to simplify the recurring payments process for our app,” said Mike Germain, owner of Expedite Systems, which built the InStockNotify app for BigCommerce. “It is an easy-to-implement solution for us and eliminates the hassle of store owners having to maintain payment methods in multiple places to run their store.”

    To become a BigCommerce tech partner, click here: https://www.bigcommerce.com/partners/become-a-partner/

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

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

    Media Contact:
    Brad Hem
    pr@bigcommerce.com

    The MIL Network

  • MIL-OSI: TransUnion and Truework Align to Provide Mortgage Lenders Expanded Access to Verification of Income and Employment

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, March 04, 2025 (GLOBE NEWSWIRE) — TransUnion (NYSE: TRU) announced today an advancement of its partnership with Truework, a leading income and employment verification provider. The collaboration will now allow mortgage lenders more encompassing and reliable access to the verification of income and employment (VOI/E) information they need to accelerate underwriting while minimizing costs.

    TruVision™ Income and Employment Verification (Powered by Truework) enables a comprehensive income and employment verification waterfall now available via the TransUnion API. This follows the recent launch of a similar TransUnion solution, also powered by Truework, for purposes of rental screening and builds upon the existing availability of the solution for auto lending.

    “With mortgage originations expected to rise this year, lenders more than ever will need efficient tools and resources for streamlined income and employment verification,” said Satyan Merchant, senior vice president and mortgage business leader at TransUnion. “TruVision Income and Employment Verification provides lenders with access to these major verification methods in one single solution.”

    With TruVision Income and Employment Verification, lenders have access to major verification methods — orchestrated together in a single solution with an industry-leading 75% average completion rate. This includes instant data for 48M+ active employee records, consumer-permissioned payroll which covers 90% of US employers, and automated outreach to HR departments and third-party providers.

    “We are excited to provide mortgage and home equity lenders with access to this new income and employment verification solution that can save them time and money while reducing errors along the way,” said Liz Pagel, senior vice president and global head of alternative data at TransUnion. “Through the integration of Truework’s best-in-class solution, we are getting closer to our vision that through one API call, mortgage lenders can receive credit, verified income and employment, and other critical solutions like undisclosed debt monitoring, which can help streamline the underwriting process.”

    Ethan Winchell, president and co-founder at Truework, added, “We are excited to power the end-to-end verification experience for TransUnion’s TruVision™ Income and Employment Verification product, and to bring speed, transparency, and high report completion to TransUnion customers. For Truework, this integration opens the doors for many new exciting markets where customers need income and employment data.”

    TransUnion is conducting a phased rollout of the new solution including integrations with loan origination systems, point-of-sale systems and GSE certifications. Mortgage and home equity lenders interested in piloting the solution are encouraged to contact tu_mortgage@transunion.com or their TransUnion representative to join its early adopter program. 

    About Truework
    Truework is the leading platform that solves income and employment verification pain points for mortgage lenders. Powered by automation and machine learning, Truework removes the complexities of managing multiple verification vendors in-house by replacing traditional and manual efforts and delivering comprehensive, vetted, and accurate verification reports. With Truework’s industry-leading 75% completion rate, mortgage providers achieve cost savings of up to 50%. To learn more, visit truework.com.

    About TransUnion (NYSE: TRU)
    TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world. http://www.transunion.com/business

    Contact Dave Blumberg
      TransUnion
       
    E-mail dblumberg@transunion.com
       
    Telephone  312-972-6646

    The MIL Network