NewzIntel.com

Category: Business

  • MIL-OSI United Kingdom: Trading standards warn of unsafe counterfeit Labubu toys

    Source: Scotland – City of Aberdeen

    Trading standards officers are today warning consumers and businesses following the seizure of counterfeit and potentially dangerous versions of the collectible Labubu doll toys from shops in Aberdeen.

    The Labubu brand toys were examined and identified to have loose parts which could pose a choking hazard to young children and do not have the required safety labelling including a supplier in the UK or EU.

    Trading standards manager Graeme Paton said: “Following the discovery of counterfeit toys, we want to alert consumers and particularly parents to be extra vigilant.

    “These counterfeit toys can seem like a bargain compared with trying to source the genuine toy, especially when they are a much-sought-after item, but they are potentially dangerous.

    “Counterfeit toys can potentially pose significant dangers to young children such as chemical exposure and choking hazards. These products routinely lack proper safety testing and we encourage anyone concerned about the safety of toys they’ve purchased to get in touch with us via Consumer Advice Scotland.”

    The council’s trading standards team, which seized the counterfeit Labubu toys from four premises across the city, is constantly on the lookout for products which contravene safety legislation. In the case of these counterfeit toys, they could pose serious dangers for children.

    Trading standards provides the following advice to consumers to ensure they purchase safe products:

    •    Check the toys packaging carefully. There should be a CE or UKCA mark and the name and address of the supplier in the UK or EU to show that the product complies with safety regulations. Most toys will have warnings and instructions to ensure their safe use; 
    •    Only buy from reputable sellers. This makes it easier to return goods if a problem develops;
    •    Consider the price. Be suspicious if it’s a lot cheaper than you would expect.

    Consumers can contact Consumer Advice Scotland on 0808 164 6000 and traders can contact Trading Standards at tradingstandards@aberdeencity.gov.uk.

    Labubu is a brand of monster elves created by designer Kasing Lung and marketed by Chinese retailer Pop Mart. Labubu is also the name of the main character in the series of toys.

    MIL OSI United Kingdom –

  • MIL-OSI USA: IAM District 160 Washington State Multicare Healthcare Professionals Begin Five-Day Strike for Safe Staffing, Fairness

    Source: US GOIAM Union

    Healthcare workers at Multicare Emergency – Parkland in Tacoma, Washington began a five day strike at midnight on June 30. The workers on shift at that hour proudly walked out of the facility as other workers and IAM representatives cheered outside the gates of the facility.

    Staff at Multicare Parkland emergency clinic go on strike over stalled contract negotiations King 5 News

    The strike is over repeated illegal actions, including bad faith bargaining and retaliation against unionized employees, which has resulted in 14 National Labor Relations Board (NLRB) charges of unfair labor practices at the facility, Good Samaritan Hospital of Washington state. The facility is an Off-Campus Emergency Department (OCED) operated by Emerus, a Dallas-based equity firm.

    “MultiCare has intentionally made negotiations difficult from day one. The first ULP was filed immediately after certification because we were and continue to be denied basic access to our membership at the facility,” said IAM Western Territory International Representative Brandon Hemming, the group’s lead negotiator. “I’ve negotiated for over a decade, and I’ve never sat across the table from someone with such blatant disregard and a real aversion for reaching a fair agreement.”

    Workers at the Parkland facility—known widely as the busiest OCED location within MultiCare—face unique challenges, handling significant trauma patient volumes without direct hospital support.

    Healthcare workers start strike in Parkland, WA Q15 News

    “Safe staffing is crucial to proper patient care, and that is a major concern for us,” said Michelle Zaun, an Emergency Service Technician at Parkland Multicare. “The company’s actions have contributed to significant staff attrition, dropping from 120 employees at certification to around 75 today, because people just can’t take it anymore.  And [the company] openly told us they are spending $300,000 on replacement employees for this week alone.”

    IAM Western Territory General Vice President, Robert “Bobby” Martinez said, “We are witnessing the solidarity that it takes to make meaningful change. These members have endured enough disrespect by the company and it is time for it to end. We stand strong with our brothers, sisters, and siblings to back them as they fight for what is right in this first contract”.

    Workers will man picket lines in front of the facility in two shifts for the rest of this week.  They intend to return to work on the coming holiday weekend, knowing that critical emergency health incidents normally rise during that period. 

    Image Gallery

    The post IAM District 160 Washington State Multicare Healthcare Professionals Begin Five-Day Strike for Safe Staffing, Fairness appeared first on IAM Union.

    MIL OSI USA News –

  • MIL-OSI USA: Suburban Chicago Businessman Convicted for Role in Bank Fraud and PPP Fraud Schemes

    Source: US State of California

    A federal jury convicted an Illinois businessman yesterday for his role in schemes to fraudulently obtain over $55 million in commercial loans and lines of credit and for submitting fraudulent applications to obtain COVID-19 relief money guaranteed by the U.S. Small Business Administration (SBA) through the Paycheck Protection Program (PPP).

    According to court documents and evidence presented at trial, Rahul Shah, 56, of Evanston, the owner and operator of several information technology companies in the Chicago area, fraudulently obtained funds from loans and lines of credit for which he was not eligible from federally insured financial institutions and later defaulted on at least one such line of credit and one such loan. Shah submitted to federally insured financial institutions falsified bank statements that fraudulently inflated deposits, falsified balance sheets that overstated revenues, and fabricated audited financial statements with forged signatures. Shah also engaged in monetary transactions with proceeds from the bank fraud.

    Shah also submitted to a federally insured bank an application for a $441,138 loan guaranteed by the SBA that significantly overstated the payroll expenses of a company he controlled. In support of the loan application, he submitted to the lender several fraudulent IRS documents, which falsely represented that the company made payments to multiple individuals who had not received such payments. He also used stolen identities to carry out the fraud, using the names and taxpayer identification numbers of individuals that he knew had not received payments from the company in the PPP loan applications.

    In addition, Shah signed and caused to be submitted to the lender what purported to be IRS Forms 941 representing his company’s quarterly payroll expenses for 2019. A comparison between the documents submitted to the lender and the company’s IRS and state tax filings revealed that Shah’s company reported significantly lower payroll expenses to the tax authorities.

    Shah was convicted of seven counts of bank fraud, five counts of making false statements to a financial institution, two counts of money laundering, and two counts of aggravated identity theft. He is scheduled to be sentenced on Nov. 13. Shah faces up to 30 years in prison on each count of bank fraud and false statements to a financial institution, up to 10 years in prison on each count of money laundering, and up to two years in prison for each aggravated identity theft count. A federal district court judge will determine the sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Matthew R. Galeotti, Head of the Justice Department’s Criminal Division, U.S. Attorney Andrew S. Boutros for the Northern District of Illinois, Special Agent in Charge Douglas S. DePodesta of the FBI Chicago Field Office, and Special Agent in Charge Brady Ipock of the Small Business Administration Office of Inspector General (SBA OIG) Chicago Field Office made the announcement.

    The FBI Chicago Field Office and SBA OIG Chicago Field Office investigated the case.

    Assistant Chief Patrick Mott and Trial Attorney Lindsey Carson of the Criminal Division’s Fraud Section and Assistant U.S. Attorney Jasmina Vajzovic for the Northern District of Illinois are prosecuting the case.

    The Fraud Section leads the Criminal Division’s prosecution of fraud schemes that exploit the PPP. Since the enactment of the CARES Act, the Fraud Section has prosecuted over 200 defendants in more than 130 criminal cases and has seized over $78 million in cash proceeds derived from fraudulently obtained PPP funds, as well as numerous real estate properties and luxury items purchased with such proceeds. More information can be found at www.justice.gov/criminal/criminal-fraud/cares-act-fraud

    Anyone with information about allegations of attempted fraud involving COVID-19 can report it by calling the Justice Department’s National Center for Disaster Fraud (NCDF) Hotline via the NCDF Web Complaint Form at www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form.

    MIL OSI USA News –

  • MIL-OSI Security: Suburban Chicago Businessman Convicted for Role in Bank Fraud and PPP Fraud Schemes

    Source: United States Attorneys General

    A federal jury convicted an Illinois businessman yesterday for his role in schemes to fraudulently obtain over $55 million in commercial loans and lines of credit and for submitting fraudulent applications to obtain COVID-19 relief money guaranteed by the U.S. Small Business Administration (SBA) through the Paycheck Protection Program (PPP).

    According to court documents and evidence presented at trial, Rahul Shah, 56, of Evanston, the owner and operator of several information technology companies in the Chicago area, fraudulently obtained funds from loans and lines of credit for which he was not eligible from federally insured financial institutions and later defaulted on at least one such line of credit and one such loan. Shah submitted to federally insured financial institutions falsified bank statements that fraudulently inflated deposits, falsified balance sheets that overstated revenues, and fabricated audited financial statements with forged signatures. Shah also engaged in monetary transactions with proceeds from the bank fraud.

    Shah also submitted to a federally insured bank an application for a $441,138 loan guaranteed by the SBA that significantly overstated the payroll expenses of a company he controlled. In support of the loan application, he submitted to the lender several fraudulent IRS documents, which falsely represented that the company made payments to multiple individuals who had not received such payments. He also used stolen identities to carry out the fraud, using the names and taxpayer identification numbers of individuals that he knew had not received payments from the company in the PPP loan applications.

    In addition, Shah signed and caused to be submitted to the lender what purported to be IRS Forms 941 representing his company’s quarterly payroll expenses for 2019. A comparison between the documents submitted to the lender and the company’s IRS and state tax filings revealed that Shah’s company reported significantly lower payroll expenses to the tax authorities.

    Shah was convicted of seven counts of bank fraud, five counts of making false statements to a financial institution, two counts of money laundering, and two counts of aggravated identity theft. He is scheduled to be sentenced on Nov. 13. Shah faces up to 30 years in prison on each count of bank fraud and false statements to a financial institution, up to 10 years in prison on each count of money laundering, and up to two years in prison for each aggravated identity theft count. A federal district court judge will determine the sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Matthew R. Galeotti, Head of the Justice Department’s Criminal Division, U.S. Attorney Andrew S. Boutros for the Northern District of Illinois, Special Agent in Charge Douglas S. DePodesta of the FBI Chicago Field Office, and Special Agent in Charge Brady Ipock of the Small Business Administration Office of Inspector General (SBA OIG) Chicago Field Office made the announcement.

    The FBI Chicago Field Office and SBA OIG Chicago Field Office investigated the case.

    Assistant Chief Patrick Mott and Trial Attorney Lindsey Carson of the Criminal Division’s Fraud Section and Assistant U.S. Attorney Jasmina Vajzovic for the Northern District of Illinois are prosecuting the case.

    The Fraud Section leads the Criminal Division’s prosecution of fraud schemes that exploit the PPP. Since the enactment of the CARES Act, the Fraud Section has prosecuted over 200 defendants in more than 130 criminal cases and has seized over $78 million in cash proceeds derived from fraudulently obtained PPP funds, as well as numerous real estate properties and luxury items purchased with such proceeds. More information can be found at www.justice.gov/criminal/criminal-fraud/cares-act-fraud

    Anyone with information about allegations of attempted fraud involving COVID-19 can report it by calling the Justice Department’s National Center for Disaster Fraud (NCDF) Hotline via the NCDF Web Complaint Form at www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form.

    MIL Security OSI –

  • MIL-OSI: Sixth Street Completes Acquisition of Enstar

    Source: GlobeNewswire (MIL-OSI)

    HAMILTON, Bermuda, July 02, 2025 (GLOBE NEWSWIRE) — Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced the closing of its acquisition by investment vehicles managed by affiliates of Sixth Street, a leading global investment firm, for $338.00 in cash per ordinary share, representing a total equity value of $5.1 billion. Liberty Strategic Capital, J.C. Flowers & Co. LLC, and other institutional investors also participated in the transaction.

    “This is a major moment for Enstar as we begin our next chapter as a private company,” said Enstar’s Chief Executive Officer Dominic Silvester. “Together with Sixth Street, we will build on our position as a leading global (re)insurance group, delivering innovative solutions to our partners and maintaining our competitive advantage. I’d like to thank our employees, past and present, whose contributions have been instrumental to achieving this milestone.”

    “Enstar is a compelling company with a robust business model and an exceptional management team,” said Michael Muscolino, Co-Founder and Partner at Sixth Street. “We are thrilled to reach this milestone and look forward to partnering with Dominic and the rest of the Enstar team to help them execute on their existing strategy.”

    In connection with the closing of the transaction, Enstar notified The Nasdaq Stock Market, LLC (“NASDAQ”) that Enstar intends to voluntarily withdraw its depositary shares, each representing a 1/1,000th interest in a 7.00% Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Share, Series D, par value $1.00 per share, and its depositary shares, each representing a 7.00% Perpetual Non-Cumulative Preferred Share, Series E, par value $1.00 per share (collectively, the “depositary shares”) from listing on NASDAQ and registration pursuant to Section 12(b) of the Securities Exchange Act of 1934. Enstar expects to file a Form 25 Notification of Delisting with the Securities and Exchange Commission (the “SEC”) on or about July 14, 2025, relating to delisting and deregistering of the depositary shares. Enstar has not arranged, and does not intend to arrange, for listing and/or registration of the depositary shares on another national securities exchange or for quotation of the depositary shares in a quotation medium.

    The transaction was announced on July 29, 2024, and approved by Enstar shareholders at the Company’s Special General Meeting of Shareholders on November 6, 2024. With the completion of the acquisition, Enstar’s ordinary shares will no longer be listed publicly, and Enstar will continue operations as a privately held, standalone company. The Company will continue to operate under the Enstar name.

    Advisors

    Goldman Sachs & Co. LLC acted as financial advisor to Enstar and Paul, Weiss, Rifkind, Wharton & Garrison LLP and Hogan Lovells US LLP acted as legal advisors. Ardea Partners LP, Barclays PLC and J.P. Morgan Securities LLC acted as financial advisors to Sixth Street and Simpson Thacher & Bartlett LLP, Debevoise & Plimpton LLP and Cleary Gottlieb Steen & Hamilton LLP acted as legal advisors.

    Forward Looking Statements

    This communication contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that include words such as “estimate,” “project,” “plan,” “intend,” “expect,” “anticipate,” “believe,” “would,” “should,” “could,” “seek,” “may,” “will” and similar statements of a future or forward-looking nature identify forward-looking statements for purposes of the federal securities laws or otherwise. These statements include statements regarding the intent, belief or current expectations of Enstar and its management team. Investors are cautioned that any such forward-looking statements speak only as of the date they are made, are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, including those related to the satisfaction of any post-closing regulatory requirements.

    Risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements, in addition to those identified above, include: (i) the risk that an active trading market for the newly preferred shares that our holders of the depositary shares representing Enstar Preferred Shares received in the transaction does not exist and may not develop; (ii) those risks and uncertainties set forth under the headings “Forward Looking Statements” and “Risk Factors” in Enstar’s Annual Report on Form 10-K for the year ended December 31, 2024 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, as such risk factors may be amended, supplemented or superseded from time to time by other reports filed by Enstar with the SEC from time to time, which are available via the SEC’s website at www.sec.gov; and (iii) those risks described in the definitive proxy statement on Schedule 14A (the “Proxy Statement”) filed with the SEC on October 11, 2024 and available from the sources indicated below.

    These risks, as well as other risks associated with the transaction, are more fully discussed in the Proxy Statement filed with the SEC on October 11, 2024, in connection with the transaction. These factors should not be construed as exhaustive and should be read in conjunction with the other forward-looking statements. The forward-looking statements relate only to events as of the date on which the statements are made. Enstar undertakes no obligation to update any written or oral forward-looking statements or publicly announce any updates or revisions to any of the forward-looking statements contained herein, or to reflect any change in its expectations with regard thereto or any change in events, conditions, circumstances or assumptions underlying such statements, except as required by law. If one or more of these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, our actual results may vary materially from what we may have expressed or implied by these forward-looking statements. We caution that you should not place undue reliance on any of our forward-looking statements. You should specifically consider the factors identified in this communication that could cause actual results to differ. Furthermore, new risks and uncertainties arise from time to time, and it is impossible for us to predict those events or how they may affect Enstar.

    About Enstar

    Enstar is a global insurance group that offers innovative capital release solutions through its network of group companies in Bermuda, the United States, the United Kingdom, Continental Europe, Australia, and other international locations. A market leader in completing legacy acquisitions, Enstar has acquired more than 120 companies and portfolios since its formation in 2001. For further information about Enstar, see www.enstargroup.com.

    About Sixth Street

    Sixth Street is a global investment firm with over $115 billion in assets under management and committed capital. The firm uses its long-term flexible capital, data-enabled capabilities, and “One Team” culture to develop themes and offer solutions to companies across all stages of growth. Founded in 2009, Sixth Street has more than 650 team members including over 280 investment professionals around the world. For more information, visit www.sixthstreet.com, and follow Sixth Street on LinkedIn.

    Contact:

    For Enstar:
    For Investors: Matthew Kirk (investor.relations@enstargroup.com)
    For Media: Jenna Kerr (communications@enstargroup.com)

    For Sixth Street:
    media@sixthstreet.com

    The MIL Network –

  • MIL-Evening Report: Philadelphia’s $2B affordable housing plan relies heavily on municipal bonds, which can come with hidden costs for taxpayers

    Source: The Conversation (Au and NZ) – By Jade Craig, Assistant Professor of Law, University of Mississippi

    The Parker administration says it will issue $800 million in bonds over the next four years to fund affordable housing. Jeff Fusco/The Conversation, CC BY-NC-SA

    Philadelphia Mayor Cherelle Parker’s Housing Opportunities Made Easy initiative, which was included in the city budget passed June 12, 2025, is an ambitious effort to address the city’s affordable housing challenges.

    Parker has promised to create or preserve 30,000 affordable housing units throughout the city, at a cost of roughly US$2 billion.

    To help fund the plan, the Parker administration says it will issue $800 million in housing bonds over the next three years.

    In an April 2025 report on the housing plan, the Parker administration admits that, in light of declining federal investment in affordable housing, proceeds from municipal bonds issued by the local government “have taken on an outsized role” in Philadelphia’s housing programs.

    Often, only city treasurers and the finance committees of city councils pay attention to the details behind these municipal bonds.

    As a law professor who studies the social impact of municipal bonds, I believe it’s important that city residents understand how these bonds work as well.

    While municipal bonds are integral to the city’s effort to increase access to affordable and market-rate housing, they can include hidden costs and requirements that raise prices in ways that make city services unaffordable for lower-income residents.

    The Parker administration has vowed to create or preserve 30,000 affordable housing units in Philly through new construction, rehabilitation and expanded rental assistance.
    Jeff Fusco/The Conversation, CC BY-SA

    How municipal bonds work

    Most people are aware that companies sell shares on the stock market to raise capital. State and local governments do the same thing in the form of municipal bonds, which help them raise money to cover their expenses and to finance infrastructure projects.

    These bonds are a form of debt. Investors can purchase an interest in the bond and, in exchange, the local government promises to pay the money back with interest in a specified time period. The money from investors functions like a loan to the government.

    Municipal bonds are often used so that one generation of taxpayers is not having to bear the full cost of a project that will benefit multiple generations of residents. The cost of building a bridge, for example, which will be in use for decades, can be spread out over 30 years so that residents pay back the loan slowly over time rather than saddle residents with huge tax increases one year to cover the cost.

    However, the cost of borrowing pushes up the cost of projects by adding interest payments the same way a mortgage adds to the overall cost of buying a house. Overall, the market and state and local governments have historically viewed this cost as a worthy trade-off.

    Some municipal bonds have limits

    The Parker administration has several options when it comes to raising capital on the municipal market.

    The most common method is through general obligation bonds, which are backed by the city’s authority to impose and collect taxes. Bondholders rely on the city’s “full faith and credit” to assure them that if the city has difficulty paying back the debt, the city will raise taxes on residents to secure the payment.

    The city plans to use general obligation bonds to help fund its affordable housing plan, but there are limits on how much it can borrow this way. The state constitution limits Philadelphia’s ability to incur debt to a total of 13.5% of the value of its assessed taxable real estate, based on an average of this amount for the preceding 10 years.

    Philadelphia is more affordable than several other big U.S. cities, according to a 2020 report from the Pew Charitable Trusts, but it has a high poverty rate.
    Jeff Fusco/The Conversation, CC BY-SA

    Philly has another option

    The city, however, also has the authority to take on another form of debt: revenue bonds. Revenue bonds rely on specific sources of revenue instead of the government’s taxing power. Jurisdictions issue revenue bonds to fund particular projects or services – usually ones that generate income from fees paid by users.

    For example, a publicly owned water utility or electric company relies on water and sewage fees or electricity rates and charges to pay back their revenue bonds. Likewise, a transportation authority will rely on tolls to pay back revenue bonds issued to build a toll road, such as the Pennsylvania Turnpike.

    Under state law, revenue bonds are “non-debt debts.” They are not debts owed by the city, because the city has not promised to repay the debt through the use of its own taxing powers. Instead, the people who pay the fees to use the service are paying back the debt.

    Since states began to place stricter limits on debt in the wake of the Great Depression in the 1930s, cities across the U.S. have increasingly used revenue bonds to get around state debt limits and still fund valuable public services, including affordable housing projects.

    When another government entity – rather than the city – issues the bond, and the city pays them a service fee for doing so, it’s a form of what’s called conduit debt. That obligation to pay the service fee to the other government entity is the conduit debt that the city pays out of its general fund.

    In Philadelphia, conduit debt includes revenue bonds issued by the Philadelphia Authority for Industrial Development and Philadelphia Redevelopment Authority.

    From fiscal years 2012 to 2021, the city’s outstanding debt from general obligation bonds paid for out of its general fund was between $1.3 billion to $1.7 billion per year. However, the city’s conduit debt outstripped that number every year, ranging from $1.8 billion to nearly $2.3 billion. In more recent years, conduit debt has been less than the city’s debt from general obligation bonds.

    The city keeps conduit debt on its books – and is obligated to pay it back – even though it comes from bonds issued by the development authorities, because these debts loop back to the city. In the bonds issued by these agencies, the city actually becomes like a client of the agency. The city is typically obligated to pay the agency service fees as part of a contractual obligation that cannot be canceled.

    The revenue on which the development agencies’ bonds rely, the money from which bondholders expect to be paid back, does not come from fees that residents pay out of their own pocket – for example through ticket sales from a sports stadium built with revenue bonds. The money instead comes out of the city’s treasury.

    A loophole to affordable housing

    Essentially this is a loophole for the city to bypass debt limits set for Philadelphia in the state constitution. Sometimes creativity in government requires using loopholes to get the job done – to get to yes instead of a stalemate.

    Consider this analogy. Say your sister takes out a bank loan to buy a car for you because your credit limit is maxed out. She is relying on you to pay her back, and she uses your payment to pay the bank. But if you don’t pay her back, she’s not responsible by law for paying the bank herself. So, it’s your debt, but she is the conduit.

    If the city holds itself accountable, it can use conduit debt responsibly to make affordable housing construction a reality.

    The mayor’s office did not respond to my questions about whether they plan to use conduit debt issued by a development authority, whether that conduit debt would include service fees, and what funds would be used to pay those fees.

    In its quest to increase access to affordable housing, the Parker administration should, in my view, be mindful of limiting the service fees it agrees to pay – which have no legally prescribed limits – and also account for where it will find income to cover these costs. For example, will it come from the sale of city-owned land? Fees charged to developers? Or some other source?

    Otherwise, taxpayers may be left to foot a bill that is essentially unlimited.

    Read more of our stories about Philadelphia.

    Jade Craig 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. Philadelphia’s $2B affordable housing plan relies heavily on municipal bonds, which can come with hidden costs for taxpayers – https://theconversation.com/philadelphias-2b-affordable-housing-plan-relies-heavily-on-municipal-bonds-which-can-come-with-hidden-costs-for-taxpayers-253522

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Russia: China’s first diesel ship fueled with environmentally friendly methanol

    Translation. Region: Russian Federal

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

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

    BEIJING, July 2 (Xinhua) — China’s first batch of green methanol made from municipal waste was loaded onto a conventional diesel ship at Yangpu Port in south China’s island province of Hainan on Wednesday, marking a milestone in the domestic green shipping industry.

    “Green” methanol is produced by China BlueChemical Ltd. /China BlueChem/, a company of China National Offshore Oil Corporation /CNOOC/. It is produced using biogas obtained from the fermentation of municipal kitchen waste, animal manure and other waste as a feedstock.

    Using 200 tons of green methanol as fuel can reduce carbon dioxide emissions by approximately 325 tons, which is equivalent to the carbon sequestration effect of planting more than 19,000 trees.

    This successful green methanol refuelling marks an important step in China’s shipping industry’s transition from traditional to green energy, said Wu Hongsheng, head of China BlueChem’s green methanol working group. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: /Economic Review/ Technological innovation drives growth and expansion of Chinese private enterprises

    Translation. Region: Russian Federal

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

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

    BEIJING, July 2 (Xinhua) — The service life of a standard photovoltaic cable is usually 15 years. However, in western China’s Qinghai-Tibet Plateau, such a cable lasted only eight years due to harsh weather conditions such as sudden temperature changes and intense ultraviolet radiation.

    The question of how to extend the service life of photovoltaic cables under such conditions was pressing. Ounaite Cable Group Co., Ltd., a private cable manufacturer in Qinghai Province, Northwest China, developed its own solutions in the form of soybean and rapeseed oils, which are considered useful in changing the properties of cables.

    The company decided to use a plasticizer derived from soybean and rapeseed oil in the production process of photovoltaic cables, which allowed them to be more flexible. It also used nanocoatings to increase the service life of the cable jackets.

    Thanks to years of innovative efforts, the company’s photovoltaic cables remain flexible at temperatures down to minus 40 degrees Celsius, and also withstand corrosion and intense ultraviolet radiation in high-altitude conditions.

    To date, Ounaite Cable has obtained more than 130 patents in this field, including 15 patents with independent property rights. With about 10% of the domestic market share in the photovoltaic power transmission and engineering systems sector, the company has also successfully entered the global market.

    “Strengthening independent innovation is the key to our transition from a follower to a leader,” said Yang Zhentao, chairman of Ounaite Cable, noting that the company’s annual output of photovoltaic cables currently reaches 120,000 km – enough to circle the Earth three times.

    The company continued to expand steadily in 2025, with orders up 45 percent year-on-year in the first five months, Yang Zhentao said, adding that the company aims to reach 20 billion yuan (about $2.8 billion) in production volume by next year, as construction on a new 100 million yuan investment project began in June.

    Ounaite Cable’s rise from a micro-firm to a national high-tech enterprise and a member of China’s “little giants” is not an isolated case. “Little giants” are the elite of small and medium-sized enterprises that specialize in a specific market niche, possess advanced technology, and demonstrate great potential.

    Hainan Huayan Collagen Technology Co., Ltd., another national high-tech enterprise located in Hainan Province, South China, has successfully developed a new product from fish collagen peptide, filling the gap in the global market of cyclic dipeptides derived from fish.

    According to Zhao Zifang, head of the company’s research and development center, this result was achieved after the research team spent more than two years conducting nearly 3,000 experiments.

    The company has put into operation two production lines, resulting in an annual output of 4,500 tons of fish collagen peptides, and these products are exported to more than 50 countries and regions.

    The rise of innovation-driven private companies is injecting new vitality into China’s economy.

    According to official data from the State Administration for Market Regulation, by the end of March 2025, the number of private enterprises in China exceeded 57 million, accounting for 92.3 percent of all enterprises nationwide.

    In the first quarter of this year, 1.979 million private firms were created, which is 7.1 percent more year-on-year and exceeds the average growth recorded over the past three years.

    This rapid expansion of the private sector has been made possible by the Chinese authorities’ increased efforts to support private companies in recent years.

    In the latest move to boost scientific research and industrial innovation, the National Natural Science Foundation of China (NNSF) on Monday launched the Joint Fund for Innovation and Development of Private Enterprises, aimed at allowing private companies to formally participate in national basic research.

    Under the fund, private enterprises will identify critical research challenges based on their specific innovation needs, and the joint fund will sponsor leading researchers across the country to address those challenges.

    Analysts say the approach, designed to promote deep integration of technological and industrial innovation, is expected to boost innovation in the private sector and give new impetus to China’s innovation-driven development strategy. -0-

    MIL OSI Russia News –

  • MIL-OSI: Bitcoin Solaris Prepares for Launch: Mobile Mining App and Dual-Consensus Blockchain Gain Traction

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, July 02, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris (BTC-S), a next-generation hybrid blockchain project, has officially entered the final phase of its token presale, following over $6 million in contributions and 13,650+ users joining the movement. With only five weeks remaining, investors and crypto enthusiasts are preparing for what many are calling a major launch for 2025.

    The BTC-S token is currently priced at $10, set to increase to $11 in the next stage, with a final launch price of $20. Early backers stand to benefit from an estimated 150%–200% potential ROI.

    What Makes Bitcoin Solaris Different?

    Bitcoin Solaris combines two consensus models into one powerful chain. While most coins rely on a single consensus mechanism, BTC-S runs on both Proof-of-Work and Delegated Proof-of-Stake via its dual-layer blockchain. The result is unmatched speed and security working in tandem.

    BTC-S isn’t just fast on paper. Its testnet already hit:

    • 10,000+ transactions per second.
    • Finality in just 2 seconds.
    • Energy savings over 99 percent compared to traditional PoW.
    • Smart contract infrastructure for full DeFi deployment.
    • Cross-chain bridge integration to enable real asset transfer.

    This isn’t speculation. This is a chain already proving its performance.

    Built for the Mobile World

    Bitcoin Solaris is going all-in on mobile users. With the upcoming Solaris Nova app, users will be able to mine on their smartphones without draining battery or bandwidth. The adaptive mining algorithm adjusts based on the device, and early data shows serious momentum.

    • Mining is possible without GPU rigs.
    • Teams and leaderboards add a gamified community element.
    • Mining power is tokenized for marketplace trading.
    • Income tracking is available inside the app dashboard.

    Crypto Was Meant for Everyone BTC-S Finally Delivers That Promise

    It’s no surprise that thousands have already used the Solaris Mining Calculator to estimate daily income potential.

    Influencers Are Sounding the Alarm

    Crypto influencers are lighting up about Bitcoin Solaris, calling it a must-watch project in 2025. Several reviews are already out, each breaking down why BTC-S is causing serious waves.

    • Crypto Vlog highlighted the dual-consensus engine and how it bridges two generations of crypto.
    • Crypto League focused on the early user growth and momentum around mobile-first innovation.

    And this is just the beginning. Discussions across social channels and Telegram are growing rapidly, with over 13,650 unique users joining the presale movement so far.

    Presale Phase 10: Final Countdown Begins

    With less than 5 weeks left in the presale, BTC-S is becoming one of the most talked-about launches of the year. Here’s what you need to know:

    • Current Price: $10
    • Next Phase: $11
    • Launch Price: $20
    • Bonus: 6 percent
    • Potential ROI: 150 to 200 percent

    With over $6 million already raised, momentum is heating up. Users should know that wallets like Trust Wallet and Metamask are recommended for receiving tokens on launch day. They are not required for the presale but are ideal for post-launch delivery.

    Final Thoughts: Don’t Regret This One

    Bitcoin Solaris is doing what most projects only pretend to do. Faster, fairer, mobile-ready, and community-first. And this might be the second chance that rarely comes around.

    For more information on Bitcoin Solaris:
    Website: https://www.bitcoinsolaris.com/
     Telegram: https://t.me/Bitcoinsolaris
     X: https://x.com/BitcoinSolaris

    Media Contact:
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

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

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

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4e0381b2-5ed4-412c-8e92-46f3a10e935e

    https://www.globenewswire.com/NewsRoom/AttachmentNg/6201e9a3-2153-4450-8b3e-432ab717bfa4

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    The MIL Network –

  • MIL-OSI: Enovix Corporation Announces Share Repurchase Program

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., July 02, 2025 (GLOBE NEWSWIRE) — Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced that its Board of Directors has authorized a share repurchase program under which the company may repurchase up to $60 million of its outstanding common stock.

    The repurchase program is designed to provide Enovix with greater flexibility in managing its capital structure, including the ability to respond to market volatility and return value to shareholders. The company may repurchase shares from time to time in open-market transactions, privately negotiated transactions, or by other means, in accordance with applicable securities laws and subject to market conditions and other factors.

    “This repurchase program reflects our confidence in the company’s long-term fundamentals and the strength of our 100% silicon-anode battery technology,” said Ryan Benton, Chief Financial Officer of Enovix. “It also underscores our commitment to delivering long-term shareholder value.”

    The timing and amount of any repurchases will be determined at the company’s discretion and may be modified, suspended, or discontinued at any time. The repurchase program does not obligate Enovix to acquire any specific number of shares. The buyback authorization is effective beginning June 30, 2025, and any unused capacity will expire on December 31, 2026.

    About Enovix Corporation

    Enovix is a leader in advancing lithium-ion battery technology with its proprietary cell architecture designed to deliver higher energy density and improved safety. The Company’s breakthrough silicon-anode batteries are engineered to power a wide range of devices from wearable electronics and mobile communications to industrial and electric vehicle applications. Enovix’s technology enables longer battery life and faster charging, supporting the growing global demand for high-performance energy storage. Enovix holds a robust portfolio of issued and pending patents covering its core battery design, manufacturing process, and system integration innovations. For more information, visit https://www.enovix.com.

    Forward‐Looking Statements

    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or our future financial or operating performance and can be identified by words such as anticipate, believe, continue, could, estimate, expect, intend, may, might, plan, possible, potential, predict, should, would and similar expressions that convey uncertainty about future events or outcomes. Forward-looking statements in this press release include, without limitation, references to long-term potential, the success of our silicon anode battery technology, manufacturing scale up timelines, and the ability to commercialize Enovix technology. Actual results and outcomes could differ materially from these forward-looking statements as a result of certain risks and uncertainties, including, without limitation, those risks and uncertainties and other potential factors set forth in our filings with the SEC, including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of our most recently filed annual report on Form 10-K and quarterly reports on Form 10-Q and other documents that we have filed, or that we will file, with the SEC. For a full discussion of these risks, please refer to Enovix’s filings with the SEC, including its most recent Form 10-K and Form 10-Q, available at https://ir.enovix.com and www.sec.gov. Any forward-looking statements made by us in this press release speak only as of the date on which they are made and subsequent events may cause these expectations to change. We disclaim any obligations to update or alter these forward-looking statements in the future, whether as a result of new information, future events or otherwise, except as required by law.

    Contacts:

    Investors
    Robert Lahey
    ir@enovix.com

    Media Contact:
    Bateman Agency for Enovix
    Kaelyn Attridge
    enovix@bateman.agency

    The MIL Network –

  • MIL-OSI: Drone as a Service (DaaS) Market is Booming Expected to Reach $179 Billion By 2030

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., July 02, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The integration of the Internet of Things (IoT) in agriculture will increasingly involve a sophisticated interplay of robots, drones, remote sensors, and computer imaging. A report from MarketsAndMarkets said: “The overall drones as a service market will reach $179.3 billion by 2030. Surveillance and monitoring will be the largest revenue opportunity through 2030 High potential industry verticals include construction, insurance, aerospace and real estate Surveillance and mapping remain largest opportunities with maintenance and inspection rapidly gaining ground as high ROI solutions and Developing countries are fastest growing for many solutions due largely to substantial cost avoidance for expensive professional services.” It continued: “The fundamental principle underpinning cloud computing is the decentralization of computational resources. It posits that the physical infrastructure required for processing data and running applications no longer necessitates a local presence within a customer’s own facilities. Furthermore, the precise geographical location of these computing resources becomes largely immaterial to the end-user. Imagine, if you will, computational power existing almost ubiquitously, like a utility that can be tapped into whenever and wherever the need arises. This abstract notion of computing residing “in the ether” highlights the on-demand and location-independent nature of the cloud.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Deere & Company (NYSE: DE), EHang Holdings Limited (NASDAQ: EH), AGCO Corporation (NYSE: AGCO), AgEagle Aerial Systems Inc. (NYSE: UAVS).

    MarketsAndMarkets added: “This shift in paradigm has yielded significant advantages. Firstly, it has dramatically improved the utilization of computing assets. Instead of individual organizations maintaining underutilized servers and infrastructure, cloud providers can aggregate demand from numerous customers, leading to far greater efficiency. The evolution of cloud computing has fostered the “as a service” delivery model. This framework provides computational capabilities – be it processing power, storage, or specialized software – as a service that can be accessed over a network, typically the internet. This “as a service” approach has proven to be an exceptionally adaptable and scalable method for organizations to introduce and expand their computational capabilities without the upfront investment and management overhead associated with traditional IT infrastructure. This transformative “as a service” paradigm is now profoundly impacting the field of robotics. It is paving the way for “automation as a service”, where robotic capabilities are offered as a readily available service rather than requiring the outright purchase and maintenance of physical robots. This shift unlocks new possibilities for businesses that may have previously found robotics cost-prohibitive or lacked the in-house expertise to deploy and manage them effectively.”

    ZenaTech (NASDAQ:ZENA) Expands Drone as a Service (DaaS) to California with Offer to Acquire an Engineering and Surveying Firm, Tapping into Precision Agriculture and Viticulture Market – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), and enterprise SaaS, has signed an offer to acquire a California-based civil engineering and land surveying firm with a well established history of operations. This marks ZenaTech’s first proposed transaction in the US West Coast or Southwest region, creating a strategic entry point into California ─ a high-value market for drone-based precision agriculture due to a massive agriculture economy, crop diversity, labor and water challenges, and an openness to innovation.

    With a commercial, construction and sustainability solution customer base and a deep regional presence, the proposed acquisition positions ZenaTech to scale its Drone as a Service or DaaS survey operations. It also provides significant opportunity to expand into California’s wine and agriculture sectors using advanced drone capabilities including aerial imaging, precision spraying, irrigation analytics, and wildfire detection and monitoring in high-risk areas.

    “This proposed acquisition is more than just our first Southwest region location — it’s a strategic foothold into a high-value, high-growth state for precision agriculture,” said Shaun Passley, Ph.D., CEO of ZenaTech. “The firm is a natural fit to help execute our growth strategy for crop health monitoring and precision spraying to serve viticulture, large estates, and commercial farming operations across California.”

    With the global agricultural drone market projected to reach USD 10.3 billion by 2030, driven by rising demand for precision technologies in farming, California stands out as a key growth region as well as being home to nearly 90% of all US vineyard acreage. Considering California’s mounting climate and agricultural challenges, ZenaTech’s AI-powered autonomous drone solutions offer timely, scalable innovation that serves the needs of commercial enterprises, cooperatives, agriculture consultants, and public sector stakeholders.

    ZenaTech’s Drone as a Service (DaaS) business model offers both business and government customers reduced costs and convenience to utilize drones to streamline legacy processes and manual tasks such as inspections, surveying, maintenance, precision agriculture and inventory management ─ there is no need to purchase drone hardware and software, find a drone pilot, manage maintenance and operation, or acquire regulatory approvals. The model also offers scalability to use more often or less often based on business needs and utilizes ZenaDrone’s multifunction AI autonomous drones.

    The company has closed six acquisitions across the US to date as part of its DaaS business model and strategy and has announced it plans to complete approximately 20 more in the next 12 months. Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    Other recent developments in the markets include:

    Deere & Company (NYSE: DE) recently announced it has purchased Sentera, a St. Paul, Minnesota-based agriculture startup that uses smart imagery technology to monitor crop health via drone cameras.

    The acquisition, announced May 23, allows the John Deere tractor maker to integrate Sentera’s technologies into its digital farm management system to help farmers make more data-backed decisions. Drones equipped with Sentera’s cameras can fly over fields at high speeds and take high-resolution images that are then processed to generate digital maps that locate harmful weeds and pests, assess crop health and identify any disease pressures, according to Deere.

    EHang Holdings Limited (NASDAQ: EH), the world’s leading urban air mobility (“UAM”) technology platform company, recently announced that it has entered into a strategic partnership agreement with Reignwood Aviation Group. Leveraging their respective strengths, the two parties will collaborate under China’s national strategy for developing the low-altitude economy, guided by the principles of technology empowerment, scenario-driven innovation, and global expansion. Together, they aim to set a global standard for integrating traditional general aviation with next-generation electric vertical take-off and landing (“eVTOL”) aircraft.

    According to the agreement, Reignwood Aviation Group plans to deploy eVTOLs at scale, prioritizing at its operational hubs in key cultural and tourism destinations. The partnership will begin with consumer-facing applications such as low-altitude tourism and related ground services. Over time, the cooperation will further expand to UAM field to build a three-dimensional urban transportation network. In the long term, the two parties aim to expand to more scenarios and low-altitude services including passenger transportation, aerial logistics, emergency response, etc.

    AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, recently announced it has entered into a set of agreements with Tractors and Farm Equipment Limited (“TAFE”). The agreements resolve all outstanding disputes and other matters related to the commercial relationship between AGCO and TAFE as well as TAFE’s shareholding in AGCO, ownership and use of the Massey Ferguson brand in India and certain other countries, and other key governance issues between the parties.

    The agreements will become effective upon the completion by AGCO and TAFE of certain governmental and other processes in India relating to the repurchase of the shares held by AGCO in TAFE.

    AgEagle Aerial Systems Inc. (NYSE: UAVS), a leading provider of advanced drone and aerial imaging solutions, recently announced the sale of two additional eBee X drones to South Korea, expanding the country’s installed base of AgEagle’s eBee drones to more than 100 units. This milestone strengthens AgEagle’s strategic partnership with South Korea and reinforces its position as a leader in the Asia-Pacific drone market.

    The eBee X, AgEagle’s flagship fixed-wing mapping drone, is engineered for high-precision geospatial data collection and is ideally suited for applications including surveying, mapping, and photogrammetry. This latest sale builds on a well-established fleet, further strengthening AgEagle’s reputation as a trusted provider of cutting-edge unmanned aerial systems.AgEagle CEO Bill Irby commented, “Achieving our 100th eBee drone sale in South Korea represents a key growth milestone. It reflects the growing global demand for our advanced aerial solutions and validates the strength of our platform across a range of industries and geographies. As adoption accelerates in international markets like South Korea, we remain focused on scaling operations, deepening customer relationships, and delivering high-performance drone systems that meet evolving mission needs. This progress directly supports our commitment to building sustainable value for all our stakeholders.”

    About FN Media Group:
    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

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

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

    Contact Information:
    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI: EBC Financial Group Celebrates Multiple Award Wins in 2025

    Source: GlobeNewswire (MIL-OSI)

    LONDON, July 02, 2025 (GLOBE NEWSWIRE) — EBC Financial Group (EBC) has been recognised by two leading industry award bodies in 2025, reinforcing its position as a trusted broker via the Best CFD Provider award by Online Money Awards and Most Trusted Broker and Best Trading Platform titles at the World Finance Forex Awards 2025.

    EBC’s wins at the World Finance Forex Awards mark the third consecutive year the Group has received honours from the awarding body—an indication of its sustained performance in both technology execution and client trust metrics. The 2025 dual awards build on EBC’s previous recognitions in 2023 and 2024, highlighting its consistent delivery of robust trading solutions across global markets.

    The acknowledgments span both product delivery and trust metrics, reflecting EBC’s operational focus on execution quality, platform innovation, and client protection within regulated trading environments.

    “These awards affirm the Group’s emphasis on building efficient, transparent, and regulated trading infrastructure,” said David Barrett, CEO of EBC Financial Group (UK) Ltd. “Whether it’s through our ETF CFD suite expansion, platform enhancements, or client-first service model, we remain focused on building tools and experiences that help traders act with clarity, confidence, and control.”

    Driving Growth with Thematic and Tactical CFD Solutions
    EBC’s recent launch of over 100 U.S.-listed ETF CFDs has expanded its multi-asset product suite and positioned the Group at the forefront of thematic trading innovation. These instruments give clients real-time, leveraged access to ETFs across a broad spectrum of global narratives—including clean energy, U.S. tech, dividend-yielding assets, fixed income, and emerging markets.

    The offering features ETFs from leading issuers such as Vanguard, iShares (BlackRock), and State Street Global Advisors, with key advantages including zero fund management fees, leverage options and short-selling capabilities as well as real-time execution and low-cost access to NYSE and NASDAQ-listed assets.

    This expansion aligns with EBC’s strategic focus on delivering smarter exposure tools—enabling traders to respond quickly to macro shifts, hedge market views, or construct diversified portfolios with precision.

    Platform Innovation and Client Experience at the Core
    Beyond product growth, EBC continues to enhance its platforms with features such as smart liquidity routing, expanded multilingual support, and ultra-low latency execution. Proprietary tools like the Trading Black Box and Private Room help optimise price aggregation, protect trade integrity, and elevate the trading experience across retail and institutional segments.

    These upgrades contributed to EBC’s recognition as Best Trading Platform at the 2025 World Finance Forex Awards, while the Most Trusted Broker title acknowledged the Group’s long-term dedication to governance, client protection, and relationship-building in regulated markets.

    This article reflects the observations of EBC Financial Group and all its global entities. It is not financial or investment advice. Trading in commodities and foreign exchange (FX) involves a significant risk of loss, potentially exceeding your initial investment. Consult a qualified financial advisor before making any trading or investment decisions, as EBC Financial Group and its entities are not liable for any damages arising from reliance on this information.

    For more information about EBC Financial Group and its award-winning services, visit www.ebc.com.

    About EBC Financial Group   

    Founded in London, EBC Financial Group (EBC) is a global brand known for its expertise in financial brokerage and asset management. Through its regulated entities operating across major financial jurisdictions—including the UK, Australia, the Cayman Islands, Mauritius, and others—EBC enables retail, professional, and institutional investors to access global markets and trading opportunities, including currencies, commodities, CFDs and more.

    Trusted by investors in over 100 countries and honoured with global awards including multiple year recognition from World Finance, EBC is widely regarded as one of the world’s best brokers with titles including Best Trading Platform and Most Trusted Broker. With its strong regulatory standing and commitment to transparency, EBC has also been consistently ranked among the top brokers—trusted for its ability to deliver secure, innovative, and client-first trading solutions across competitive international markets.

    EBC’s subsidiaries are licensed and regulated within their respective jurisdictions. EBC Financial Group (UK) Limited is regulated by the UK’s Financial Conduct Authority (FCA); EBC Financial Group (Cayman) Limited is regulated by the Cayman Islands Monetary Authority (CIMA); EBC Financial Group (Australia) Pty Ltd, and EBC Asset Management Pty Ltd are regulated by Australia’s Securities and Investments Commission (ASIC); EBC Financial (MU) Ltd is authorised and regulated by the Financial Services Commission Mauritius (FSC).   

    At the core of EBC are a team of industry veterans with over 40 years of experience in major financial institutions. Having navigated key economic cycles from the Plaza Accord and 2015 Swiss franc crisis to the market upheavals of the COVID-19 pandemic. We foster a culture where integrity, respect, and client asset security are paramount, ensuring that every investor relationship is handled with the utmost seriousness it deserves.    

    EBC is a proud official foreign exchange partner of FC Barcelona and continues to drive impactful partnerships to empower communities – namely through the UN Foundation’s United to Beat Malaria initiative, Oxford University’s Department of Economics, and a diverse range of partners to champion initiatives in global health, economics, education, and sustainability.    
    https://www.ebc.com/

     Media Contact: 
    Savitha Ravindran
    Global Public Relations Manager
    savitha.ravindran@ebc.com

    Michelle Siow 
    Brand & Communications Director 
    michelle.siow@ebc.com  

    The MIL Network –

  • MIL-OSI: LILPEPE Gains Recognition as Ethereum Chain’s Strongest Meme Coin of 2025

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, July 02, 2025 (GLOBE NEWSWIRE) — Little Pepe has officially entered the meme coin spotlight—raising over $3 million in its presale and gaining fast recognition as Ethereum’s strongest competitor to SHIB and PEPE. With a powerful mix of meme culture, fast and affordable blockchain tech, and strong early investor backing, $LILPEPE is now being seen as the next big thing in crypto’s meme economy.

    Little Pepe ($LILPEPE)

    Little Pepe stands out in a sea of meme tokens by combining viral appeal with actual blockchain utility. While many meme coins rely on hype alone, Little Pepe is powered by a lightning-fast, low-cost Ethereum-compatible Layer 2 protocol. This makes it faster, cheaper, and more scalable than typical tokens built on Ethereum Chain.

    The project is designed to tackle some of the biggest issues in crypto today—high gas fees, slow transactions, and poor scalability. With its EVM compatibility, Little Pepe supports seamless smart contract development while maintaining Ethereum-level security and performance.

    $LILPEPE: The Token That Powers It All

    At the heart of this growing ecosystem is $LILPEPE, an ERC-20 utility token that does much more than just represent a meme. It fuels the entire Little Pepe network—covering everything from staking and governance to transaction fees and DApp activity.

    Little Pepe’s developers have created an ecosystem where $LILPEPE is more than just a digital asset—it’s a core part of a broader blockchain world where memes meet real value. The token represents an opportunity to be part of the next wave of meme-based innovation—one that’s built to last.

    Massive Presale Momentum: Over $3M Raised

    Little Pepe presale is currently in Stage 4, with tokens priced at just $0.0013, the project has already raised over $3 million—a rare feat in today’s crowded meme coin space. This shows that both retail traders and crypto whales see serious potential in what $LILPEPE is building.

    With each presale stage, the token price increases, offering early investors the best entry opportunity. As community buzz continues to grow, and major crypto influencers take notice, many believe $LILPEPE could be the breakout meme coin of 2025. The only way to participate is through the official website: littlepepe.com.

    Moreover, Little Pepe is built to operate on a Layer 2 protocol that keeps transaction costs low and speeds high, all while staying fully compatible with Ethereum’s ecosystem. That means users get the best of both worlds: the security of Ethereum and the performance of Layer 2. This gives Little Pepe a major edge in areas like gaming, and micro-transactions, where speed and low costs are essential.

    $LILPEPE – Ethereum’s Strongest SHIB and PEPE Competitor

    Memes have always driven crypto adoption—from Dogecoin to SHIB, and more recently PEPE. But Little Pepe goes beyond being just a joke or trend. It represents a new generation of meme coins that are built on real tech, with real goals.

    The branding takes inspiration from the iconic “Pepe” meme, but gives it a new identity—a leader in a meme coin kingdom backed by infrastructure, not just internet humor. And the community around Little Pepe is growing fast, with Telegram, Twitter, and other social channels filled with excitement, updates, and investor confidence. This combination of strong community energy and actual blockchain functionality is what positions Little Pepe as a serious competitor to SHIB and PEPE.

    About Little Pepe

    Little Pepe is a next-gen Layer 2 blockchain designed to merge meme culture with high-speed, low-cost decentralized infrastructure. Built for scalability, security, and accessibility, Little Pepe supports EVM-compatible applications and is powered by means of the $LILPEPE token. The project’s mission is to create a meme coin environment wherein utility meets virality, empowering users through cutting-edge technology and lightning-fast transactions.

    For more information:
    Website: https://littlepepe.com/
    Telegram: https://t.me/littlepepetoken
    Twitter: https://x.com/littlepepetoken

    Contact Details:
    COO-James Stephen
    media@littlepepe.com

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

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

    A photo accompanying this announcement is available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/551bf919-c7c2-4795-8e42-db866f2f9b97

    The MIL Network –

  • MIL-OSI: LILPEPE Gains Recognition as Ethereum Chain’s Strongest Meme Coin of 2025

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, July 02, 2025 (GLOBE NEWSWIRE) — Little Pepe has officially entered the meme coin spotlight—raising over $3 million in its presale and gaining fast recognition as Ethereum’s strongest competitor to SHIB and PEPE. With a powerful mix of meme culture, fast and affordable blockchain tech, and strong early investor backing, $LILPEPE is now being seen as the next big thing in crypto’s meme economy.

    Little Pepe ($LILPEPE)

    Little Pepe stands out in a sea of meme tokens by combining viral appeal with actual blockchain utility. While many meme coins rely on hype alone, Little Pepe is powered by a lightning-fast, low-cost Ethereum-compatible Layer 2 protocol. This makes it faster, cheaper, and more scalable than typical tokens built on Ethereum Chain.

    The project is designed to tackle some of the biggest issues in crypto today—high gas fees, slow transactions, and poor scalability. With its EVM compatibility, Little Pepe supports seamless smart contract development while maintaining Ethereum-level security and performance.

    $LILPEPE: The Token That Powers It All

    At the heart of this growing ecosystem is $LILPEPE, an ERC-20 utility token that does much more than just represent a meme. It fuels the entire Little Pepe network—covering everything from staking and governance to transaction fees and DApp activity.

    Little Pepe’s developers have created an ecosystem where $LILPEPE is more than just a digital asset—it’s a core part of a broader blockchain world where memes meet real value. The token represents an opportunity to be part of the next wave of meme-based innovation—one that’s built to last.

    Massive Presale Momentum: Over $3M Raised

    Little Pepe presale is currently in Stage 4, with tokens priced at just $0.0013, the project has already raised over $3 million—a rare feat in today’s crowded meme coin space. This shows that both retail traders and crypto whales see serious potential in what $LILPEPE is building.

    With each presale stage, the token price increases, offering early investors the best entry opportunity. As community buzz continues to grow, and major crypto influencers take notice, many believe $LILPEPE could be the breakout meme coin of 2025. The only way to participate is through the official website: littlepepe.com.

    Moreover, Little Pepe is built to operate on a Layer 2 protocol that keeps transaction costs low and speeds high, all while staying fully compatible with Ethereum’s ecosystem. That means users get the best of both worlds: the security of Ethereum and the performance of Layer 2. This gives Little Pepe a major edge in areas like gaming, and micro-transactions, where speed and low costs are essential.

    $LILPEPE – Ethereum’s Strongest SHIB and PEPE Competitor

    Memes have always driven crypto adoption—from Dogecoin to SHIB, and more recently PEPE. But Little Pepe goes beyond being just a joke or trend. It represents a new generation of meme coins that are built on real tech, with real goals.

    The branding takes inspiration from the iconic “Pepe” meme, but gives it a new identity—a leader in a meme coin kingdom backed by infrastructure, not just internet humor. And the community around Little Pepe is growing fast, with Telegram, Twitter, and other social channels filled with excitement, updates, and investor confidence. This combination of strong community energy and actual blockchain functionality is what positions Little Pepe as a serious competitor to SHIB and PEPE.

    About Little Pepe

    Little Pepe is a next-gen Layer 2 blockchain designed to merge meme culture with high-speed, low-cost decentralized infrastructure. Built for scalability, security, and accessibility, Little Pepe supports EVM-compatible applications and is powered by means of the $LILPEPE token. The project’s mission is to create a meme coin environment wherein utility meets virality, empowering users through cutting-edge technology and lightning-fast transactions.

    For more information:
    Website: https://littlepepe.com/
    Telegram: https://t.me/littlepepetoken
    Twitter: https://x.com/littlepepetoken

    Contact Details:
    COO-James Stephen
    media@littlepepe.com

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

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

    A photo accompanying this announcement is available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/551bf919-c7c2-4795-8e42-db866f2f9b97

    The MIL Network –

  • MIL-OSI Africa: Namibia Gears Up for Energy Transformation – Deputy Prime Minister (PM) to Speak at African Energy Week (AEW) 2025

    African Energy Week (AEW) 2025: Invest in African Energies welcomes Natangwe Paulus Ithete, Namibia’s newly appointed Deputy Prime Minister and Minister of Industrialization, Mines and Energy, as a featured speaker at this year’s edition, taking place from September 29 to October 3 in Cape Town. Minister Ithete’s confirmation comes at a defining moment for Namibia’s energy sector, as the country accelerates large-scale investments in hydrocarbons, renewables and industrial infrastructure.

    Appointed in March 2025 as part of President Netumbo Nandi-Ndaitwah’s new administration, Minister Ithete steps into his role amid a surge of high-impact activity across Namibia’s energy landscape. The country has captured international attention following a string of offshore oil discoveries by Shell, TotalEnergies and Galp, positioning Namibia as one of the world’s most promising new petroleum frontiers. Since Minister Ithete took office, momentum has only accelerated: TotalEnergies is expected to submit a development plan for its giant Venus discovery by July 2025, targeting a final investment decision next year for what could become Namibia’s first major offshore oil development. Galp confirmed a significant light oil find at its Mopane-3X well in February, while Rhino Resources struck oil at the Capricornus-1X well in April. Chevron is advancing plans to drill a new exploration well in the Walvis Basin, and Namibia is expanding licensing opportunities through its open-door system introduced last year. These developments are backed by government efforts to streamline fiscal terms, de-risk investment and solidify Namibia’s position as one of the most dynamic and closely watched frontiers in global oil and gas.

    In parallel, the government has reaffirmed its commitment to scaling up renewable energy and positioning Namibia as a green hydrogen hub for the region. The $10-billion Hyphen Hydrogen Energy project, which aims to produce green ammonia for export from the Tsau //Khaeb National Park, is progressing steadily, backed by international partners including the EU and Germany. Namibia’s renewables strategy has also attracted global developers to solar and wind projects across the country, contributing to regional energy security and industrial expansion.

    Minister Ithete has moved swiftly to align policy with these opportunities. In his first few months in office, he outlined the government’s intention to streamline regulatory processes, accelerate infrastructure development and strengthen fiscal and legal frameworks for investment. Speaking at the Namibia International Energy Conference in April, he emphasized the importance of building an enabling environment for energy companies, while ensuring that Namibians benefit meaningfully from the country’s natural resource wealth.

    These priorities are reinforced by Namibia’s broader industrialization agenda. In May, Minister Ithete introduced a NAD 637.5 million budget to support industrial growth and renewable energy expansion. The funding targets the development of value-added industries, energy infrastructure and technical capacity across key sectors, forming part of a longer-term strategy to move beyond resource extraction and into domestic processing and export-led industrialization.

    “Namibia’s transformation from a frontier market to a serious energy and industrial contender has been nothing short of remarkable,” states NJ Ayuk, Executive Chairman of the African Energy Chamber. “The appointment of Minister Natangwe Ithete reflects a strong political commitment to getting the fundamentals right – from regulatory clarity to infrastructure and local content. His leadership brings new energy to Namibia’s vision for growth, and we look forward to welcoming him at AEW 2025.”

    With a growing number of bilateral and commercial partnerships underway – including recent cooperation talks with China on energy and industrial development – Namibia is rapidly emerging as one of Africa’s most dynamic energy investment destinations. The country is pursuing a holistic approach that leverages its oil and gas potential, renewable resources and strategic geographic location to become a regional supply hub and industrial center.

    Distributed by APO Group on behalf of African Energy Chamber.

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

    MIL OSI Africa –

  • MIL-OSI: TAB Bank Provides $2.5 Million Factoring Facility for Ryan Transportation

    Source: GlobeNewswire (MIL-OSI)

    OGDEN, Utah, July 02, 2025 (GLOBE NEWSWIRE) — TAB Bank has provided a $2.5 million factoring facility to Ryan Transportation, Inc., a Livonia, Michigan-based truckload transportation provider. The facility will strengthen cash flow and working capital, enabling Ryan Transportation to maintain its reputation for providing personal service that exceeds customer expectations.

    Founded over 55 years ago, Ryan Transportation specializes in serving the automotive industry and its suppliers across the United States, with a strong presence in the Great Lakes Region. The company provides over-the-road, city driving, cross-dock and industrial switching services. Ryan Transportation is known for providing reliable, flexible and cost-effective solutions supported by innovative ideas and products, including EDI capabilities and GPS tracking for real-time shipment visibility.

    “TAB Bank offered us a straightforward financing solution that optimized our cash flow and enhanced our working capital, enabling us to keep our focus on running our business effectively,” said Jennifer Orow, CFO at Ryan Transportation. “The team at TAB is very flexible, easy to work with and accommodating of our company’s specific needs. We’re looking forward to a mutually beneficial relationship with TAB Bank.”

    “Ryan Transportation was seeking a new financing partner with a strong understanding of the trucking industry,” said Ralph Kourtjian, Vice President of Business Development at TAB Bank. “At TAB Bank, we have deep roots in the transportation industry, originally founded over 25 years ago to serve over-the-road truckers. While we now support a wide range of industries, our commitment to logistics and freight remains. We’re excited to support Ryan Transportation with a flexible solution that aligns with their goals and operational needs.”

    TAB Bank offers customized financial solutions for small to mid-sized businesses across various industries. Services include asset-based lending, equipment financing and working capital solutions tailored to help companies scale and thrive.

    About TAB Bank
    At TAB Bank, our mission is to unlock dreams with bold financial solutions that empower individuals and businesses nationwide. We are committed to building value in all we do through our innovative banking products.   Our dedication drives us to continuously improve, ensuring that we meet the evolving needs of our clients with excellence and agility. For over 25 years, we have remained steadfast in offering tailored, technology-enabled solutions designed to simplify and enhance the banking experience. 

    For more information about how we can help you achieve your financial dreams, visit www.TABBank.com.

    Contact Information:
    Trevor Morris
    Director of Marketing
    801-710-6318
    trevor.morris@tabbank.com

    The MIL Network –

  • MIL-OSI: Lelantos Holdings, Inc. Qualifies for OTC Level 2 Quotes, Enhancing Transparency and Investor Access

    Source: GlobeNewswire (MIL-OSI)

    TUCSON, Ariz., July 02, 2025 (GLOBE NEWSWIRE) — via IBN – Lelantos Holdings, Inc. (OTC PINK: LNTO) (“Lelantos” or the “Company”), is pleased to announce its qualification for OTC Level 2 quotations on the OTC Markets platform.

    This milestone significantly improves visibility, transparency, and real-time market access for current and prospective investors.

    OTC Level 2 provides a deeper view into market activity by offering real-time bid and ask prices from all market makers quoting the Company’s stock. Unlike Level 1 quotes, which only show the best bid and ask, Level 2 displays the full market depth, giving investors greater insight into trading dynamics and liquidity.

    “Qualifying for Level 2 quotes is an important step forward in our capital markets strategy,” said Nathan Puente, CEO of Lelantos Holdings, Inc. “This enhanced transparency allows investors to make more informed decisions while also demonstrating our commitment to higher reporting and governance standards.”

    In addition, the Company is pleased to announce that its application to OTCID has been formally approved, and Lelantos will transition to the Improved Disclosure Service beginning in July 2025. This service is part of OTC Markets Group’s continued efforts to raise disclosure standards and provide investors with better, more consistent company information.

    By adopting the Improved Disclosure framework, Lelantos Holdings will further demonstrate its commitment to accountability, transparency, and investor engagement, while positioning itself for continued regulatory alignment and growth opportunities.

    “Gaining approval for OTCID and preparing for the transition to the Improved Disclosure Service is yet another meaningful step,” added Joshua Weaver, COO of Lelantos Holdings, Inc. “We are dedicated to building credibility and investor trust by meeting higher benchmarks for disclosure and transparency.”

    With Level 2 access now in place and its OTCID transition underway, Lelantos anticipates increased investor confidence, improved trading efficiency, and broader market participation—all of which support the Company’s long-term shareholder value objectives.

    About Lelantos Holdings

    Founded in the spirit of “Solution Hunting,” Lelantos Holdings’ innovative business structure is purpose-built to acquire or joint venture with established entities in strategic market sectors. With a focus on sustainable energy, Lelantos Holdings has a mission of being at the forefront of innovation in a dynamic industry, and the goal of operating as a vertically integrated entity to reduce overhead and increase service offerings. Their management team is dedicated to fostering innovation and advancing technological developments.

    Lelantos Holdings website: www.Lelantosholdings.io

    About Lelantos Energy

    INNOVATIVE. STRATEGIC. SOLUTION ORIENTED.

    Lelantos Energy offers a forward-thinking solution and a comprehensive approach to adapt to the dynamic landscape of commercial solar, residential solar, microgrid design, energy storage architecture, and EV supercharging. The company has strategically joined forces with experienced and leading industry professionals as well as dedicated lending resources to create a model that will seek to manage project risks, pursue favorable returns (though no guarantees can be made) and support the Company’s efforts to enhance the deployment of renewable energy projects.

    Lelantos Energy website: www.LNTO.Energy

    FORWARD-LOOKING INFORMATION

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

    CONTACT INFORMATION

    Lelantos Holdings, Inc.
    info@Lelantos.Group

    Wire Service Contact:
    IBN
    Austin, Texas
    www.InvestorBrandNetwork.com
    512.354.7000 Office
    Editor@InvestorBrandNetwork.com

    The MIL Network –

  • MIL-OSI: Lelantos Holdings, Inc. Qualifies for OTC Level 2 Quotes, Enhancing Transparency and Investor Access

    Source: GlobeNewswire (MIL-OSI)

    TUCSON, Ariz., July 02, 2025 (GLOBE NEWSWIRE) — via IBN – Lelantos Holdings, Inc. (OTC PINK: LNTO) (“Lelantos” or the “Company”), is pleased to announce its qualification for OTC Level 2 quotations on the OTC Markets platform.

    This milestone significantly improves visibility, transparency, and real-time market access for current and prospective investors.

    OTC Level 2 provides a deeper view into market activity by offering real-time bid and ask prices from all market makers quoting the Company’s stock. Unlike Level 1 quotes, which only show the best bid and ask, Level 2 displays the full market depth, giving investors greater insight into trading dynamics and liquidity.

    “Qualifying for Level 2 quotes is an important step forward in our capital markets strategy,” said Nathan Puente, CEO of Lelantos Holdings, Inc. “This enhanced transparency allows investors to make more informed decisions while also demonstrating our commitment to higher reporting and governance standards.”

    In addition, the Company is pleased to announce that its application to OTCID has been formally approved, and Lelantos will transition to the Improved Disclosure Service beginning in July 2025. This service is part of OTC Markets Group’s continued efforts to raise disclosure standards and provide investors with better, more consistent company information.

    By adopting the Improved Disclosure framework, Lelantos Holdings will further demonstrate its commitment to accountability, transparency, and investor engagement, while positioning itself for continued regulatory alignment and growth opportunities.

    “Gaining approval for OTCID and preparing for the transition to the Improved Disclosure Service is yet another meaningful step,” added Joshua Weaver, COO of Lelantos Holdings, Inc. “We are dedicated to building credibility and investor trust by meeting higher benchmarks for disclosure and transparency.”

    With Level 2 access now in place and its OTCID transition underway, Lelantos anticipates increased investor confidence, improved trading efficiency, and broader market participation—all of which support the Company’s long-term shareholder value objectives.

    About Lelantos Holdings

    Founded in the spirit of “Solution Hunting,” Lelantos Holdings’ innovative business structure is purpose-built to acquire or joint venture with established entities in strategic market sectors. With a focus on sustainable energy, Lelantos Holdings has a mission of being at the forefront of innovation in a dynamic industry, and the goal of operating as a vertically integrated entity to reduce overhead and increase service offerings. Their management team is dedicated to fostering innovation and advancing technological developments.

    Lelantos Holdings website: www.Lelantosholdings.io

    About Lelantos Energy

    INNOVATIVE. STRATEGIC. SOLUTION ORIENTED.

    Lelantos Energy offers a forward-thinking solution and a comprehensive approach to adapt to the dynamic landscape of commercial solar, residential solar, microgrid design, energy storage architecture, and EV supercharging. The company has strategically joined forces with experienced and leading industry professionals as well as dedicated lending resources to create a model that will seek to manage project risks, pursue favorable returns (though no guarantees can be made) and support the Company’s efforts to enhance the deployment of renewable energy projects.

    Lelantos Energy website: www.LNTO.Energy

    FORWARD-LOOKING INFORMATION

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

    CONTACT INFORMATION

    Lelantos Holdings, Inc.
    info@Lelantos.Group

    Wire Service Contact:
    IBN
    Austin, Texas
    www.InvestorBrandNetwork.com
    512.354.7000 Office
    Editor@InvestorBrandNetwork.com

    The MIL Network –

  • MIL-OSI: CareCloud Joins Russell Microcap Index as Common Stock Price Rises 70% During Q2 2025

    Source: GlobeNewswire (MIL-OSI)

    SOMERSET, N.J., July 02, 2025 (GLOBE NEWSWIRE) — CareCloud, Inc. (Nasdaq: CCLD, CCLDO) (“CareCloud” or the “Company”), a leader in AI-driven healthcare technology solutions for medical practices and health systems nationwide, today announced that it has been added to the Russell Microcap® Index, effective at the open of U.S. markets on June 30, 2025, as part of the Russell indexes’ annual reconstitution based on market capitalization, public float, and related criteria. The inclusion underscores growing recognition of CareCloud’s momentum in the healthcare technology sector.

    During Q2, the price of the Company’s common stock increased by approximately 70%. Key developments during the first half of 2025 included the launch of CareCloud’s new AI Center of Excellence, the resumption of acquisition activities in targeted growth areas, the conversion of approximately 3.5 million shares of the Company’s Series A Preferred Stock into Common Stock on March 6, 2025 and a strong cash position of approximately $10 million at the end of Q2 2025.

    “Being added to the Russell Microcap Index is a powerful endorsement of the value CareCloud is creating,” said Stephen Snyder, Co-Chief Executive Officer of CareCloud. “Our team is relentlessly focused on delivering breakthrough solutions, scaling profitability, and positioning CareCloud as a long-term industry leader.”

    The Russell Microcap Index is widely followed by investment managers and institutional investors and serves as a key benchmark for performance in the U.S. small-cap equity market. Membership remains in place for one year and results in automatic inclusion in the appropriate growth and value style indexes. Companies are selected based on a transparent, rules-based methodology that evaluates market capitalization and public float as of Rank Day—April 30 each year—along with minimum price, liquidity, and U.S. exchange listing requirements.

    About CareCloud

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

    Follow CareCloud on LinkedIn, X and Facebook.

    For additional information, please visit our website at carecloud.com. To listen to video presentations by CareCloud’s management team, read recent press releases and view the latest investor presentation, please visit ir.carecloud.com.

    Disclaimer

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

    Forward-Looking Statements

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

    Our operations involve risks and uncertainties, many of which are outside our control, and any one of which, or a combination of which, could materially affect our results of operations and whether the forward-looking statements ultimately prove to be correct. Forward-looking statements in this press release include, without limitation, statements reflecting management’s expectations for future financial performance and operating expenditures, expected growth, profitability and business outlook, and the expected results from the integration of our acquisitions. Past operational or stock price performance is not an indication of future performance.

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

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

    SOURCE: CareCloud

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

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

    The MIL Network –

  • MIL-OSI: CareCloud Joins Russell Microcap Index as Common Stock Price Rises 70% During Q2 2025

    Source: GlobeNewswire (MIL-OSI)

    SOMERSET, N.J., July 02, 2025 (GLOBE NEWSWIRE) — CareCloud, Inc. (Nasdaq: CCLD, CCLDO) (“CareCloud” or the “Company”), a leader in AI-driven healthcare technology solutions for medical practices and health systems nationwide, today announced that it has been added to the Russell Microcap® Index, effective at the open of U.S. markets on June 30, 2025, as part of the Russell indexes’ annual reconstitution based on market capitalization, public float, and related criteria. The inclusion underscores growing recognition of CareCloud’s momentum in the healthcare technology sector.

    During Q2, the price of the Company’s common stock increased by approximately 70%. Key developments during the first half of 2025 included the launch of CareCloud’s new AI Center of Excellence, the resumption of acquisition activities in targeted growth areas, the conversion of approximately 3.5 million shares of the Company’s Series A Preferred Stock into Common Stock on March 6, 2025 and a strong cash position of approximately $10 million at the end of Q2 2025.

    “Being added to the Russell Microcap Index is a powerful endorsement of the value CareCloud is creating,” said Stephen Snyder, Co-Chief Executive Officer of CareCloud. “Our team is relentlessly focused on delivering breakthrough solutions, scaling profitability, and positioning CareCloud as a long-term industry leader.”

    The Russell Microcap Index is widely followed by investment managers and institutional investors and serves as a key benchmark for performance in the U.S. small-cap equity market. Membership remains in place for one year and results in automatic inclusion in the appropriate growth and value style indexes. Companies are selected based on a transparent, rules-based methodology that evaluates market capitalization and public float as of Rank Day—April 30 each year—along with minimum price, liquidity, and U.S. exchange listing requirements.

    About CareCloud

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

    Follow CareCloud on LinkedIn, X and Facebook.

    For additional information, please visit our website at carecloud.com. To listen to video presentations by CareCloud’s management team, read recent press releases and view the latest investor presentation, please visit ir.carecloud.com.

    Disclaimer

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

    Forward-Looking Statements

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

    Our operations involve risks and uncertainties, many of which are outside our control, and any one of which, or a combination of which, could materially affect our results of operations and whether the forward-looking statements ultimately prove to be correct. Forward-looking statements in this press release include, without limitation, statements reflecting management’s expectations for future financial performance and operating expenditures, expected growth, profitability and business outlook, and the expected results from the integration of our acquisitions. Past operational or stock price performance is not an indication of future performance.

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

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

    SOURCE: CareCloud

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

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

    The MIL Network –

  • MIL-OSI: Half of Nord Security’s colocated servers use renewable energy: The company is striving for more

    Source: GlobeNewswire (MIL-OSI)

    LONDON, July 02, 2025 (GLOBE NEWSWIRE) — Nord Security, home to NordVPN, NordLayer, NordPass, NordLocker, NordStellar and Saily, has published its annual Impact Report, addressing all scopes of greenhouse gas emissions, social initiatives, key sustainability risks and impact. It reveals Nord Security’s efforts to advance its mission to protect life online and positively impact people, communities, and the environment.

    “In this year’s Impact Report, we aim to show how we’ve helped individuals and businesses take back control of their digital lives. In 2024, we moved closer toward this goal by introducing powerful tools, launching new products, and rolling out key initiatives. Combined with our community engagement and educational efforts, we are reaching nearly every aspect of our users’ digital lives. Because for us, cybersecurity isn’t about protecting a single area – it’s about safeguarding users at every step of their digital journey,” says Nord Security co-founder Eimantas Sabaliauskas.

    Below are some noteworthy highlights. The full report can be found here.

    Tackling indirect emissions

    In 2024, Nord Security calculated greenhouse gas (GHG) emissions for the second time, and expanded reporting to include key categories within Scope 3 covering indirect emissions across the company’s value chain. The total amount of the company’s market-based greenhouse gas emissions for 2024 was 23,014 tCO2e*.

    While around 97% of the company’s total emissions are outside the company’s direct control in the value chain, the company now collects and analyzes GHG emissions data across the value chain, and aims to identify opportunities to reduce emissions in line with the Paris Agreement. Nord Security has initiated engagement with key suppliers to promote transparency and collaboration on emission reduction efforts.

    According to Nord Security, this assessment will help to identify opportunities to reduce emissions from the company’s own operations and make better decisions about energy procurement and efficiency measures.

    In 2024, Nord Security colocated servers in 37 data centers around the world all of which are low-power servers and offer sufficient computing power with low power consumption and are ideal for energy-saving operation. Thirty-two out of 37 data centers utilized renewable energy, making 50% of total colocated servers energy renewable.

    Moreover, Nord Security continuously strives to mitigate the adverse effects the company’s day-to-day operations may have on the environment. At this point, around 73% of employees work in BREEAM-certified offices. Energy-saving measures, such as temperature control via blind automation as well as time and motion-based lighting, are implemented across all buildings. These measures also include recycling and time-adjusted ventilation modes.

    Supporting communities in-need

    Product donations continue to be one of Nord Security’s mechanisms for supporting the nonprofit community. Over 2,600 accounts were donated to vulnerable groups and individuals online to help protect human rights, freedom of speech, and stand for inclusion and a safe digital world for all.

    Nord Security continued to support the people of Ukraine, with a special focus on helping children and the elderly. Additionally, we also donated over €48K to NGOs working to help volunteers in Ukraine.

    In keeping with our annual tradition of supporting NGOs and nonprofits in Lithuania, Nord Security collected donations for Niekieno Vaikai, an organization that improves the lives of vulnerable children, and Sidabrinė Linija, a non-profit that provides support to the elderly.

    Assessing sustainability impacts, risks, and opportunities

    Last year, Nord Security also went on a six-month quest in preparation for the new EU Corporate Sustainability Reporting Directive (CSRD) rules by identifying and evaluating our key sustainability impacts, risks, and opportunities through a double materiality assessment.

    Through the assessment Nord Security focused on two angles. The first one focused on what matters to the bottom line and identifies which environmental, social, or governance issues could affect a company’s revenues, costs, or reputation. The second considers Nord Security’s impact – how operations affect people and the environment.

    Based on the outcomes of the assessment, Nord Security aims to better integrate sustainability risk assessment with enterprise risk framework already this year. Additionally, Nord Security is committed to continuous improvement, transparency, and aligning with the highest standards of sustainability.

    * To put this in perspective, 1 tCO2e is roughly equivalent to the emissions generated by driving a gasoline-powered passenger vehicle for around 4,000 kilometers or charging more than 66,000 smartphones.

    ABOUT NORD SECURITY

    Nord Security is home to advanced security solutions that share the Nord brand and values, including the world’s most advanced VPN service NordVPN, the next-generation password manager NordPass, the file encryption tool NordLocker, threat exposure management platform NordStellar, and the business VPN/SASE solution NordLayer. Established in 2012, Nord Security’s products are now acknowledged by the most influential tech sites and IT security specialists. More information: nordsecurity.com.

    More information: egidijus@nordsec.com

    The MIL Network –

  • MIL-OSI: Half of Nord Security’s colocated servers use renewable energy: The company is striving for more

    Source: GlobeNewswire (MIL-OSI)

    LONDON, July 02, 2025 (GLOBE NEWSWIRE) — Nord Security, home to NordVPN, NordLayer, NordPass, NordLocker, NordStellar and Saily, has published its annual Impact Report, addressing all scopes of greenhouse gas emissions, social initiatives, key sustainability risks and impact. It reveals Nord Security’s efforts to advance its mission to protect life online and positively impact people, communities, and the environment.

    “In this year’s Impact Report, we aim to show how we’ve helped individuals and businesses take back control of their digital lives. In 2024, we moved closer toward this goal by introducing powerful tools, launching new products, and rolling out key initiatives. Combined with our community engagement and educational efforts, we are reaching nearly every aspect of our users’ digital lives. Because for us, cybersecurity isn’t about protecting a single area – it’s about safeguarding users at every step of their digital journey,” says Nord Security co-founder Eimantas Sabaliauskas.

    Below are some noteworthy highlights. The full report can be found here.

    Tackling indirect emissions

    In 2024, Nord Security calculated greenhouse gas (GHG) emissions for the second time, and expanded reporting to include key categories within Scope 3 covering indirect emissions across the company’s value chain. The total amount of the company’s market-based greenhouse gas emissions for 2024 was 23,014 tCO2e*.

    While around 97% of the company’s total emissions are outside the company’s direct control in the value chain, the company now collects and analyzes GHG emissions data across the value chain, and aims to identify opportunities to reduce emissions in line with the Paris Agreement. Nord Security has initiated engagement with key suppliers to promote transparency and collaboration on emission reduction efforts.

    According to Nord Security, this assessment will help to identify opportunities to reduce emissions from the company’s own operations and make better decisions about energy procurement and efficiency measures.

    In 2024, Nord Security colocated servers in 37 data centers around the world all of which are low-power servers and offer sufficient computing power with low power consumption and are ideal for energy-saving operation. Thirty-two out of 37 data centers utilized renewable energy, making 50% of total colocated servers energy renewable.

    Moreover, Nord Security continuously strives to mitigate the adverse effects the company’s day-to-day operations may have on the environment. At this point, around 73% of employees work in BREEAM-certified offices. Energy-saving measures, such as temperature control via blind automation as well as time and motion-based lighting, are implemented across all buildings. These measures also include recycling and time-adjusted ventilation modes.

    Supporting communities in-need

    Product donations continue to be one of Nord Security’s mechanisms for supporting the nonprofit community. Over 2,600 accounts were donated to vulnerable groups and individuals online to help protect human rights, freedom of speech, and stand for inclusion and a safe digital world for all.

    Nord Security continued to support the people of Ukraine, with a special focus on helping children and the elderly. Additionally, we also donated over €48K to NGOs working to help volunteers in Ukraine.

    In keeping with our annual tradition of supporting NGOs and nonprofits in Lithuania, Nord Security collected donations for Niekieno Vaikai, an organization that improves the lives of vulnerable children, and Sidabrinė Linija, a non-profit that provides support to the elderly.

    Assessing sustainability impacts, risks, and opportunities

    Last year, Nord Security also went on a six-month quest in preparation for the new EU Corporate Sustainability Reporting Directive (CSRD) rules by identifying and evaluating our key sustainability impacts, risks, and opportunities through a double materiality assessment.

    Through the assessment Nord Security focused on two angles. The first one focused on what matters to the bottom line and identifies which environmental, social, or governance issues could affect a company’s revenues, costs, or reputation. The second considers Nord Security’s impact – how operations affect people and the environment.

    Based on the outcomes of the assessment, Nord Security aims to better integrate sustainability risk assessment with enterprise risk framework already this year. Additionally, Nord Security is committed to continuous improvement, transparency, and aligning with the highest standards of sustainability.

    * To put this in perspective, 1 tCO2e is roughly equivalent to the emissions generated by driving a gasoline-powered passenger vehicle for around 4,000 kilometers or charging more than 66,000 smartphones.

    ABOUT NORD SECURITY

    Nord Security is home to advanced security solutions that share the Nord brand and values, including the world’s most advanced VPN service NordVPN, the next-generation password manager NordPass, the file encryption tool NordLocker, threat exposure management platform NordStellar, and the business VPN/SASE solution NordLayer. Established in 2012, Nord Security’s products are now acknowledged by the most influential tech sites and IT security specialists. More information: nordsecurity.com.

    More information: egidijus@nordsec.com

    The MIL Network –

  • MIL-OSI: XRP News：Limited-Time 8000 XRP Free Reward FINDMINING CEO Announces Major Giveaway for 2025

    Source: GlobeNewswire (MIL-OSI)

    Atherton, California, July 02, 2025 (GLOBE NEWSWIRE) — To celebrate FINDMINING’s further expansion into the U.S. and U.K. markets in 2025, FINDMINING is launching a limited-time free reward campaign for XRP enthusiasts worldwide — every registered member has the chance to receive up to 8000 XRP for free. There are only 985 spots left, so act fast — first come, first served!

    No hardware needed, no technical barrier — mine anytime, anywhere
     With its efficient and legitimate cloud mining service, FINDMINING has become a leading company that cannot be ignored in the industry. Users don’t need to buy expensive mining rigs or have professional skills — all you need is a mobile phone or computer to start your green energy cloud mining journey anytime, anywhere, and easily earn considerable returns.

    Recently, the FINDMINING CEO told Reuters: “We are committed to upholding the legitimacy, security, and transparency of the blockchain industry and to building a trustworthy mining platform for users worldwide. Today, more and more crypto enthusiasts from the U.S., U.K., and Europe are joining FINDMINING, setting off a new wave of green energy cloud mining.”

    Chosen by over 9.4 million members worldwide

    As a regulated green energy cloud mining company, FINDMINING relies on cutting-edge technology and strict security measures. It has already attracted more than 9.4 million registered members from 175 countries, operating over 1.32 million mining devices. For crypto beginners, FINDMINING is an ideal choice, providing every user with a safe, convenient, and efficient investment environment.

    Register now to claim your 8000 XRP reward: Register Here

    What is Green Energy Cloud Mining?
     Green energy cloud mining uses mining rigs powered by renewable energy sources such as wind, solar, and hydro power. FINDMINING is one of the industry’s pioneers in applying renewable energy on a large scale, committed to delivering sustainable green mining solutions for the future.

    Trusted by real users worldwide
     Many long-term users have praised FINDMINING. A veteran member, Chakraborty, who joined in 2018, shared: “I’ve invested in several cloud mining platforms, but only FINDMINING has stood the test of time and continues to operate smoothly. I’m glad my friend recommended it to me back then, and now I recommend it to even more people.”

    Safe and reliable with guaranteed funds
     FINDMINING is legally authorized by the U.K. government. The platform uses distributed cold wallet storage, multiple bank custodians (including UBS Switzerland), SSL encryption, and other security measures to fully protect users’ crypto assets, meeting military-grade protection standards.

    Simple operation — perfect for beginners
     FINDMINING’s interface is clean and user-friendly, making it easy for anyone to get started without any technical know-how. Statistics show that every day, many XRP, BTC, SOL, and other crypto holders easily earn over 8000 XRP and more passive income through FINDMINING.

    24/7 customer support & instant transactions
     FINDMINING offers 24/7 online customer support and instant deposit and withdrawal services. Its funds reach your account at industry-leading speeds — even within seconds — making the whole process truly hassle-free.

    Flexible mining contracts for different needs

    Whether you’re a beginner or an experienced investor, you can flexibly choose the right hashrate contract based on your needs to easily secure stable returns.

    Your path to wealth starts with FINDMINING
     If you’re looking for a legal, transparent, and easy-to-operate investment opportunity, FINDMINING is undoubtedly your ideal choice. Register your FINDMINING account today, claim your limited-time 8000 XRP reward, and start your journey to wealth!

    Official Website: https://findmining.com

    Attachment

    The MIL Network –

  • MIL-OSI: XRP News：Limited-Time 8000 XRP Free Reward FINDMINING CEO Announces Major Giveaway for 2025

    Source: GlobeNewswire (MIL-OSI)

    Atherton, California, July 02, 2025 (GLOBE NEWSWIRE) — To celebrate FINDMINING’s further expansion into the U.S. and U.K. markets in 2025, FINDMINING is launching a limited-time free reward campaign for XRP enthusiasts worldwide — every registered member has the chance to receive up to 8000 XRP for free. There are only 985 spots left, so act fast — first come, first served!

    No hardware needed, no technical barrier — mine anytime, anywhere
     With its efficient and legitimate cloud mining service, FINDMINING has become a leading company that cannot be ignored in the industry. Users don’t need to buy expensive mining rigs or have professional skills — all you need is a mobile phone or computer to start your green energy cloud mining journey anytime, anywhere, and easily earn considerable returns.

    Recently, the FINDMINING CEO told Reuters: “We are committed to upholding the legitimacy, security, and transparency of the blockchain industry and to building a trustworthy mining platform for users worldwide. Today, more and more crypto enthusiasts from the U.S., U.K., and Europe are joining FINDMINING, setting off a new wave of green energy cloud mining.”

    Chosen by over 9.4 million members worldwide

    As a regulated green energy cloud mining company, FINDMINING relies on cutting-edge technology and strict security measures. It has already attracted more than 9.4 million registered members from 175 countries, operating over 1.32 million mining devices. For crypto beginners, FINDMINING is an ideal choice, providing every user with a safe, convenient, and efficient investment environment.

    Register now to claim your 8000 XRP reward: Register Here

    What is Green Energy Cloud Mining?
     Green energy cloud mining uses mining rigs powered by renewable energy sources such as wind, solar, and hydro power. FINDMINING is one of the industry’s pioneers in applying renewable energy on a large scale, committed to delivering sustainable green mining solutions for the future.

    Trusted by real users worldwide
     Many long-term users have praised FINDMINING. A veteran member, Chakraborty, who joined in 2018, shared: “I’ve invested in several cloud mining platforms, but only FINDMINING has stood the test of time and continues to operate smoothly. I’m glad my friend recommended it to me back then, and now I recommend it to even more people.”

    Safe and reliable with guaranteed funds
     FINDMINING is legally authorized by the U.K. government. The platform uses distributed cold wallet storage, multiple bank custodians (including UBS Switzerland), SSL encryption, and other security measures to fully protect users’ crypto assets, meeting military-grade protection standards.

    Simple operation — perfect for beginners
     FINDMINING’s interface is clean and user-friendly, making it easy for anyone to get started without any technical know-how. Statistics show that every day, many XRP, BTC, SOL, and other crypto holders easily earn over 8000 XRP and more passive income through FINDMINING.

    24/7 customer support & instant transactions
     FINDMINING offers 24/7 online customer support and instant deposit and withdrawal services. Its funds reach your account at industry-leading speeds — even within seconds — making the whole process truly hassle-free.

    Flexible mining contracts for different needs

    Whether you’re a beginner or an experienced investor, you can flexibly choose the right hashrate contract based on your needs to easily secure stable returns.

    Your path to wealth starts with FINDMINING
     If you’re looking for a legal, transparent, and easy-to-operate investment opportunity, FINDMINING is undoubtedly your ideal choice. Register your FINDMINING account today, claim your limited-time 8000 XRP reward, and start your journey to wealth!

    Official Website: https://findmining.com

    Attachment

    The MIL Network –

  • MIL-OSI: Enphase Energy Launches Next-Generation IQ EV Charger 2 In Australia and New Zealand

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., July 02, 2025 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today announced production shipments of its newest electric vehicle (EV) charger, the IQ® EV Charger 2, in Australia and New Zealand. The IQ EV Charger 2 is a smart charger built to work seamlessly with Enphase solar and battery systems or as a powerful standalone charger. With advanced energy management features, the charger can support increased solar self-consumption, lower energy costs, and offer a smart, efficient EV charging experience.

    The charger’s top features include:

    • Charge with solar: The IQ EV Charger 2 intelligently prioritizes surplus solar energy for EV charging, enhancing clean energy use. With automatic phase switching between three-phase and single-phase modes, it can begin charging with as little as 1.38 kW of solar production – potentially helping homeowners manage electricity costs and support sustainability goals.
    • Rapid response time: Localized solar charging allows for near real-time tracking of surplus solar and quickly regulates EV charging current in 1A increments supporting an efficient and sustainable charging.
    • Built-in intelligence: Smart capabilities that include access control using RFID technology, dynamic load balancing, and a certified MID energy meter for tracking and expense reimbursement applications – ideal for home and fleet operations.
    • Future-ready bidirectional charging: The IQ EV Charger 2 is equipped with built-in hardware and software to support AC bidirectional charging. While availability depends on EV compatibility, standards, and regional certifications, this feature is built to enable vehicle-to-home (V2H) and vehicle-to-grid (V2G) integration – supporting homeowners with resilience and flexibility.

    “Smart EV charging isn’t just about convenience; it’s about enhancing your solar investment,” said Nigel Charlesworth at DES Electrical & Solar, a Platinum level installer of Enphase products in Australia. “The Enphase IQ EV Charger 2 goes above and beyond, harnessing solar power to give our customers a seamless, efficient charging experience, while helping them reduce costs and grid reliance, and power their cars with renewable energy.”

    The IQ EV Charger 2 is built for high performance and long-term reliability. The charger features a rugged Type-2 connector that is compatible with most EVs sold in Australia and New Zealand. With configurable power levels up to 32 A per phase, the charger is built to support both single-phase and three-phase wiring from the same hardware – helping to simplify logistics and reduce inventory complexity. Installation is fast and efficient, featuring a 7.5-meter cable for added flexibility and a streamlined, sub-10-minute setup process that potentially reduces labor time and installation costs, depending on site conditions.

    The IQ EV Charger 2 is housed in an IP55-rated enclosure, making it weatherproof for indoor and outdoor installations. All chargers activated in Australia and New Zealand come backed by an industry-leading five-year warranty and 24/7 customer support from Enphase – supporting long-term reliability and exceptional peace of mind.

    “With EV sales accelerating across New Zealand, homeowners want charging that adapts to their lifestyle and energy needs,” said Kerry Hulleman at Hubands Energy, a Platinum installer of Enphase products in New Zealand. “The IQ EV Charger 2’s ability to start charging with just 1.38 kW of solar means even modest rooftop systems can power EVs during the day. That’s a game-changer for energy independence.”

    “What sets the IQ EV Charger 2 apart is its intelligence,” said Matt Wildy at Venus Energy, a Gold level installer of Enphase products in Australia. “Enphase’s IQ EV Charger 2 seamlessly integrates into home energy systems and allows homeowners to manage their power on their terms.”

    “The IQ EV Charger 2 represents the next evolution in home energy management, where solar, battery storage, and EV charging work as one intelligent ecosystem,” said Ken Fong, senior vice president and general manager of the Americas and APAC at Enphase Energy. “We’re excited to bring this innovative solution to Australia and New Zealand, giving homeowners the confidence they’re investing in future-ready technology that adapts to their energy needs.”

    Earlier this year, Enphase launched the IQ EV Charger 2 across 14 European countries. For more information about the IQ EV Charger 2 launch in Australia and New Zealand, please visit the Enphase website.

    About Enphase Energy, Inc.

    Enphase Energy, a global energy technology company based in Fremont, CA, is the world’s leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power — and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped approximately 81.5 million microinverters, and approximately 4.8 million Enphase-based systems have been deployed in over 160 countries. For more information, visit https://enphase.com/.

    ©2025 Enphase Energy, Inc. All rights reserved. Enphase Energy, Enphase, the “e” logo, IQ, IQ8, and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks or service marks of Enphase Energy, Inc. Other names are for informational purposes and may be trademarks of their respective owners.

    Forward-Looking Statements

    This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy’s technology and products, including safety, quality, and reliability; and statements regarding the timing and availability Enphase Energy’s products in Australia and New Zealand; and the ability of the IQ EV Charger 2 to help reduce energy costs. These forward-looking statements are based on Enphase Energy’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties including those risks described in more detail in Enphase Energy’s most recently filed Quarterly Report on Form 10-Q, Annual Report on Form 10-K, and other documents filed by Enphase Energy from time to time with the SEC. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.

    Contact:

    Enphase Energy

    press@enphaseenergy.com

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

    The MIL Network –

  • MIL-OSI: NowVertical’s Integration Strategy Accelerates Account Expansion and Cross-Market Growth

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 02, 2025 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSXV: NOW) (“NowVertical” or the “Company”), a leading data and AI solutions provider, today provided an update on the execution of its “One Brand, One Business” integration strategy, highlighting continued margin expansion and deeper enterprise penetration across North America and Latin America.

    Over the past twelve months, one of our NA&EMEA Strategic Accounts – a Fortune 500 technology business and one of eight US $1 million-plus 2024 engagements for NowVertical – has transitioned from siloed local analytics and reporting to a cross-region reporting programme delivered by NowVertical. By coordinating experts across several time zones under one operating framework, the NowVertical broadened its engagement across EMEA and APAC providing end-to-end campaign planning and quarterly executive business reviews. This capability expansion, engagement enhancement and global delivery approach has been unlocked through the ‘One Brand, One Business’ Strategy, which is integrating delivery operations across the group. The success of this integrated approach is cementing NowVertical as a key data and AI partner for the client whilst also improving margins.

    A parallel engagement with a global life-sciences leader and a NowVertical strategic account in Latin America underscores the scalability of the model. A multi-country delivery team is driving a data-modernisation programme, consolidating legacy data estates onto Google Cloud, enabling real-time analytics and rolling out an enhanced platform in new markets for the client. The result is faster commercial insight for the client and a repeatable playbook for NowVertical, already fuelling follow-on work in Mexico and Colombia.

    “These programmes show exactly why we moved to a unified operating structure,” said Sandeep Mendiratta, CEO of NowVertical. “By operating as one integrated business, we’re not only unlocking higher-margin work and accelerating account growth, but also delivering phenomenal value to our clients. We’re helping them move faster, make better decisions, and ultimately generate more revenue from their data. This model is creating durable, recurring revenue streams for NowVertical and measurable business impact for our clients.”

    The Company sees the growing contribution from cross-border, capability-integrated engagements to support its path to a US $50 million run-rate revenue and US $10 million EBITDA target while reinforcing its position as a trusted, full-stack data and AI partner to enterprise clients worldwide.

    About NowVertical Group Inc.

    NowVertical is a global data and analytics company which helps clients transform data into tangible business value with AI, fast. Offering a comprehensive suite of solutions and services, the Company enables clients to quickly harness the full potential of their data, driving measurable outcomes and accelerating potential return on investment. Enterprises optimize decision-making, improve operational efficiency, and unlock long-term value from their data using the Company’s AI-Infused first party and third-party technologies. NowVertical is growing organically and through strategic acquisitions.

    For further details about NowVertical, please visit www.nowvertical.com. 

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    For further information, please contact:

    Andre Garber, CDO
    IR@nowvertical.com

    Investor Relations: Bristol Capital Ltd.
    Stefan Eftychiou
    stefan@bristolir.com
    +1(905)326-1888 x60

    Forward-Looking Statements

    This news release contains forward-looking information and forward-looking information within the meaning of applicable Canadian securities laws (together “forward-looking statements”), including, with respect to the availability of funds under the Facilities, the ability of NowVertical to utilize funds under the Facilities, the effect of the Facilities on NowVertical’s operations contemplated in this press release on NowVertical’s business, finances and operations. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies, certain of which are unknown. Forward-looking statements generally can be identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance, or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by the forward-looking statements and the forward-looking statements are not guarantees of future performance. Forward-looking statements are qualified in their entirety by inherent risks and uncertainties, including: adverse market conditions; risks inherent in the data analytics and artificial intelligence sectors in general; regulatory and legislative changes; that future results may vary from historical results; inability to service the Company’s debt; any inability to realize the expected benefits and synergies of acquisitions or dispositions; that market competition may affect the business, results and financial condition of the Company and other risk factors identified in documents filed by the Company under its profile at www.sedarplus.com, including the Company’s management’s discussion and analysis for the year ended December 31, 2024. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

    The MIL Network –

  • MIL-OSI: Microchip Partners with Nippon Chemi-Con and NetVision on First ASA-ML Camera Development Ecosystem for Japanese Automotive Market

    Source: GlobeNewswire (MIL-OSI)

    CHANDLER, Ariz., July 02, 2025 (GLOBE NEWSWIRE) — An automotive industry transition is underway to replace proprietary camera connectivity with solutions based on the open and interoperable Automotive Serdes Alliance Motion Link (ASA-ML) standard driven by over 150 member companies worldwide. To simplify and accelerate the adoption of ASA-ML for Advanced Driver-Assistance Systems (ADAS), Microchip Technology (Nasdaq: MCHP) has partnered with camera module supplier Nippon Chemi-Con Corporation and video-testing solution provider NetVision Co. Ltd. to deliver the first ASA-ML camera-development platform of its kind that brings the standard’s scalable high-speed asymmetric data rates to the Japanese automotive market while supporting critical hardware-based link-layer security to meet emerging automotive cybersecurity regulations.

    “We were first to market with an ASA-ML chipset through our acquisition of VSI, and now we have collaborated with pioneers like Nippon Chemi-Con and NetVision to deliver the first camera development ecosystem that reduces risk and speeds ASA-ML adoption for Japanese OEMs,” said Kevin So, vice president of Microchip’s communications business unit. “Nippon Chemi-Con’s CDTrans camera module and NetVision’s NV061 development emulation board are both based on our VS775S single-port serializer/deserializer device, further demonstrating the industry’s commitment to a standardized ASA-ML solution for Japanese automotive OEMs as they embrace the rapid growth of camera-based ADAS systems driven by the need for safety and convenience.”

    “We are excited to collaborate with an automotive semiconductor market leader like Microchip in offering Japanese OEMs another important first with our new CDTrans ASA-ML-based automotive camera module that is integrated with the VS775S serializer,” said Katsunori Nogami, managing executive officer, chief technology officer with Nippon Chemi-Con. “We recognize the importance and benefit of open standards-based connectivity technologies like ASA-ML that automotive Tier 1 suppliers and OEMs need for interoperable multi-vendor solutions. This collaboration is a key step in accelerating ASA-ML adoption for next-generation ADAS camera systems in Japan’s rapidly evolving SDV landscape. Combined with NetVision’s well recognized camera test and emulation platform, our camera module will enable cross-vendor compatibility, future-proof scalability, and a pathway beyond closed systems.”

    “Partnering with Microchip and Nippon Chemi-Con on this new ASA-ML ecosystem platform will help realize a standardized and scalable electrical/electronic in-vehicle networking architecture for Japan’s SDV era,” said Kenji Kudo, Ph.D., engineering department director at NetVision. “Our development of a VS775S based ASA-ML serializer connection board coupled to our unique camera emulation development platform for ADAS ECUs will help remove a key barrier to adoption for many Japanese OEMs and Tier 1s who have been hampered by proprietary connectivity protocols that limit interoperability and scalability. We look forward to continued collaboration on advancing the ASA-ML ecosystem.”

    Industry leaders including BMW, Ford, Volvo, GM, Continental, Bosch, Denso and Microchip and numerous other semiconductor companies are among the dozens of ASA-ML members helping to industrialize and promote ASA-ML adoption. These and other member companies represent the complete automotive ecosystem, including car manufacturers, Tier 1 suppliers, semiconductor vendors, cable and connector manufacturers, test tool vendors, and test houses. OEMs adopting camera solutions based on a new standard like ASA-ML require development tools, emulation platforms and broad supply chain support.

    Microchip’s VS775S single port ASA-ML serializer/deserializer solves this problem through its standards-compliant, asymmetric and scalable-bandwidth video support that enables Nippon Chemi-Con to create an ecosystem-ready camera module for the Japanese automotive market. The camera emulation and development platform from NetVision also takes advantage of the Microchip VS775S to further simplify development and verification by enabling efficient evaluation of video signal quality during the design of camera modules and Engine Control Units (ECUs). The platform enables video signals to be captured in real-time leveraging Microchip’s VS775S evaluation board.

    Multi-vendor solutions have become a critical priority for managing supply-chain risk across the automotive industry. OEMs and Tier 1 suppliers seek greater sourcing flexibility and long-term operational resilience. This is especially true for L2 and L2+ autonomous-level applications, which are integrating an increasing number of cameras and sensors into vehicles. These trends further amplify the need for scalable, architecturally flexible, interoperable, multi-vendor and high-bandwidth connectivity solutions that eliminate the shortcomings of closed, single-vendor ecosystems in an evolving landscape.

    Microchip will be demonstrating this camera/capture card at the Automotive Ethernet Tech Days, Kyoto International Conference Center Annex Hall, Kyoto, Japan, July 3-4.

    Pricing and Availability

    Engineering samples of the VS775S serializer/deserializer and evaluation kits are available to qualified customers today. For additional information, contact a Microchip sales representative or authorized worldwide distributor or visit Microchip’s website, www.microchip.com/asa.

    Resources

    High-res images available through Flickr or editorial contact (feel free to publish):
    • PR image: www.flickr.com/photos/microchiptechnology/54577687622/sizes/o/

    About Microchip Technology:
    Microchip Technology Inc. is a leading provider of smart, connected and secure embedded control and processing solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs which reduce risk while lowering total system cost and time to market. The company solutions serve more than 100,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at www.microchip.com.

    Note: The Microchip name and logo and the Microchip logo are registered trademarks of Microchip Technology Incorporated in the U.S.A. and other countries. All other trademarks mentioned herein are the property of their respective companies.

    The MIL Network –

  • MIL-OSI: NextNRG Appoints Global Logistics Authority Gary M. Goldfarb as Chairman of Newly Formed Strategic Advisory Board

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, July 02, 2025 (GLOBE NEWSWIRE) — NextNRG, Inc. (Nasdaq: NXXT), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered through its Next Utility Operating System®, smart microgrids, wireless EV charging, and mobile fuel delivery, today announced a strategic advisory agreement with Goldfarb Management Services, LLC. As part of the agreement, Gary M. Goldfarb, a recognized authority in global logistics and supply chain innovation, has been appointed Chairman of NextNRG’s newly established Advisory Board.

    Mr. Goldfarb is Chairman of the Board of The World Trade Center Miami and past Chairman of the Board of the Miami-Dade Beacon Council. He is currently Chief Strategy Officer at Interport Logistics and a board member of Global Empowerment Mission, bringing decades of experience in operational infrastructure, international trade and market expansion. Mr. Goldfarb helped revitalize The Miami Free Zone, driving occupancy above 96% and growing trade volume to nearly $1 billion at its peak. He also developed and obtained patents for software solutions for international logistics (From2.com) and holds advisory roles with organizations including the World Trade Center Miami and Florida International University’s Engineering Master’s ELE Program. He brings more than 50 years of experience in international trade and supply chain management.

    “Our mission at NextNRG is to reimagine how energy is generated, managed and delivered,” said Michael D. Farkas, Executive Chairman and CEO of NextNRG. “Gary’s extensive background in logistics, distribution centers, and manufacturing operations, combined with his industry relationships, will be instrumental as we pursue strategic partnerships and business development initiatives aimed at powering commercial and industrial facilities with distributed energy generation, advanced smart grid technologies, and our revolutionary dynamic wireless charging solutions for industrial equipment and robotics.”

    NextNRG’s innovative portfolio includes cutting-edge wireless charging technology specifically designed for industrial and commercial facility operations. The company’s patented wireless charging systems provide seamless power solutions for warehouse equipment, forklifts, automated robotics, and fleet vehicles within manufacturing and distribution centers. These compact, efficient charging solutions eliminate the need for traditional plug-in infrastructure on factory floors and in logistics facilities, enabling continuous operations while reducing maintenance costs and safety hazards. NextNRG’s smart microgrid technology integrates seamlessly with these wireless charging systems, creating intelligent power ecosystems that optimize energy distribution across entire commercial facilities.

    Under the agreement, Mr. Goldfarb and his firm will advise on commercialization strategy, market entry planning and strategic partner engagement, leveraging his deep connections within the logistics, manufacturing, and distribution sectors. As Chairman of the Advisory Board, Mr. Goldfarb will help guide the company’s efforts to bring intelligent, resilient energy solutions to commercial and industrial facilities across new regions and market segments.

    “I’m excited to support a company that’s leading the way in smart, decentralized energy systems for commercial and industrial applications,” said Gary M. Goldfarb. “NextNRG is building the kind of adaptive infrastructure that modern warehouses, distribution centers, and manufacturing facilities demand, and I look forward to contributing to its continued growth and impact in powering the future of industrial operations.”

    The formation of the Advisory Board represents a key step in NextNRG’s corporate development strategy as the company moves toward commercial deployment of its AI-driven platforms and targets high-impact opportunities across infrastructure, industrial and municipal energy sectors.

    About NextNRG, Inc.
    NextNRG Inc. (NextNRG) is Powering What’s Next by implementing artificial intelligence (AI) and machine learning (ML) into renewable energy, next-generation energy infrastructure, battery storage, wireless electric vehicle (EV) charging and on-demand mobile fuel delivery to create an integrated ecosystem.

    At the core of NextNRG’s strategy is its Next Utility Operating System®, which leverages AI and ML to help make existing utilities’ energy management as efficient as possible, and the deployment of NextNRG smart microgrids, which utilize AI-driven energy management alongside solar power and battery storage to enhance energy efficiency, reduce costs and improve grid resiliency. These microgrids are designed to serve commercial properties, healthcare campuses, universities, parking garages, rural and tribal lands, recreational facilities and government properties, expanding energy accessibility while supporting decarbonization initiatives.

    NextNRG continues to expand its growing fleet of fuel delivery trucks and national footprint, including the acquisition of Yoshi Mobility’s fuel division and Shell Oil’s trucks, further solidifying its position as a leader in the on-demand fueling industry. NextNRG is also integrating sustainable energy solutions into its mobile fueling operations. The company hopes to be an integral part of assisting its fleet customers in their transition to EV, providing fuel delivery while advancing efficient energy adoption. The transition process is expected to include the deployment of NextNRG’s innovative wireless EV charging solutions.

    To find out more visit: www.nextnrg.com

    Forward-Looking Statements
    This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement describing NextNRG’s goals, expectations, financial or other projections, intentions, or beliefs is a forward-looking statement and should be considered an at-risk statement. Words such as “expect,” “intends,” “will,” and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including, but not limited to, those related to NextNRG’s business and macroeconomic and geopolitical events. These and other risks are described in NextNRG’s filings with the Securities and Exchange Commission from time to time. NextNRG’s forward-looking statements involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although NextNRG’s forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by NextNRG. Except as required by law, NextNRG undertakes no obligation to update any forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements.

    Investor Relations Contact
    NextNRG, Inc.
    Sharon Cohen
    SCohen@nextnrg.com

    The MIL Network –

  • MIL-OSI United Kingdom: expert reaction to wildfires in Scotland, including in the Highlands and Moray

    Source: United Kingdom – Executive Government & Departments

    Scientists comment on wildfires in Scotland. 

    Prof Rory Hadden, Chair of Fire Science, University of Edinburgh, said:

    “It is widely expected that the number of wildfires will increase in Scotland (and the UK) as we see more periods of extreme weather driven by climate change.  The recent fine weather means that vegetation has dried out and becomes susceptible to ignition sources.  Even a small heat source such as a BBQ or campfire can initiate a wildfire either by direct flame contact with vegetation, or by igniting a smouldering fire in dry vegetation and soils which will later transition to a flaming fire.

    “Once vegetation is ignited, a fire will grow extremely rapidly especially if there is wind and/or dense vegetation.  This is especially true given the recent weather conditions in Scotland and means that typically it will be challenging to fight without proper resources.  Also a smouldering fire in soils may only transition to flaming some hours after it is ignited (and there may be no obvious signs that smouldering has been ignited).  Once ignited a fire will spread rapidly through vegetation, moving fastest in the direction of the wind and up slopes.  Poor access, difficult terrain and extensive vegetation coverage means that the fire can spread over large areas relatively quickly.

    “The impacts of these fires are of course significant.  There is a huge cost to the fire and rescue services in fighting and managing these fires – drawing resources from a wide area.  There is the destruction of natural capital – the countryside provides important ecosystem services that we all rely on and these are impacted negatively by wildfires.  Loss of vegetation impacts on wildlife.  The smoke is harmful and can impact on people large distances away, exacerbating respiratory conditions.  If the fire burns into peat soils then the loss of carbon to the atmosphere will be significant and may drive future climate change.  There is also possibility of loss of property as fires move towards settlements (farms, villages, towns).

    “While there is ongoing research on this topic, there is lots we do not know around the changes in risk to people, property and environment posed by wildfires in Scotland and the UK.  The fire and rescue services are adapting but there is currently no national fire danger assessment tool or clear coordination at Government level in Scotland.  We need to work on finding measures to manage fire risk in Scotland and the UK, including fuel load management (e.g. prescribed burning, mechanical means) as well as communications with stakeholders and the public to advise of periods of higher fire danger.  This is critical because as well as climate change, we are in a period of significant changes in land use (including rewilding) across Scotland and the UK.

    “It is important to note that the leading cause of wildfires is people.  We all need to do our part when visiting the countryside to ensure we do not bring ignition sources – pack a picnic instead of a BBQ, and only have campfires in designated areas.”

    Declared interests

    Prof Rory Hadden: “Funding declaration:

    US Department of Agriculture, Forest Service;

    US Department of Commerce, National Institute of Standards and Technology;

    Funding on unrelated projects from Defence and Security Accelerator;

    UKRI EPSRC.”

    MIL OSI United Kingdom –

  • MIL-OSI Russia: IMF Staff Complete 2025 Article IV Mission to Timor-Leste

    Source: IMF – News in Russian

    July 2, 2025

    End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF’s Executive Board for discussion and decision.

    • Timor-Leste’s growth is expected to remain robust at 3.9 percent in 2025, supported by fiscal expansion and strong credit growth. Inflation has fallen sharply but is expected to increase moderately in the remainder of 2025.
    • To support growth and macroeconomic stability, Timor-Leste’s substantial savings in the Petroleum Fund should be spent better and more prudently. This would deliver higher living standards and preserve fiscal sustainability.
    • The implementation of financial and fiscal reforms would accelerate private sector development and make public expenditure more efficient.

    Washington, DC – July 2, 2025: An International Monetary Fund (IMF) team led by Mr. Yan Carrière-Swallow visited Dili during June 19-July 2 to conduct discussions for the 2025 Article IV consultation with Timor-Leste. At the conclusion of the discussions, Mr. Carrière-Swallow issued the following statement:

    “Timor-Leste’s financial buffers and favorable demographics provide an opportunity to develop its economy. Despite impressive progress since independence, the economy remains under-diversified, and fiscal and external imbalances are large. We welcome Timor-Leste’s efforts for greater economic integration in the global and regional economies through World Trade Organization (WTO) membership and prospective ASEAN accession, which will boost growth and is providing a positive impulse to the government’s reform agenda.

    “Growth is expected to remain robust at 3.9 percent in 2025, supported by fiscal expansion and strong credit growth, and to moderate to 3.3 percent in 2026. Inflation, which had fallen sharply last year as global food and energy prices declined but is expected to increase moderately as global food prices rise. Inflation is expected to average 0.9 percent in 2025 and to rise to 1.8 percent in 2026. Risks to the outlook are balanced.

    “The 2026 budget should prioritize high-quality spending on physical and human capital, including health and education, while containing recurrent expenditure. The government is rightly focused on identifying measures to contain the public sector wage bill, which has grown sharply in recent years, and on implementing a Value Added Tax by January 2027.

    “Absent further reforms, deficits are projected to remain large over the medium term, which would lead to a full depletion of the Petroleum Fund by the end of the 2030s. We recommend a 10-year reform agenda of structural and fiscal reforms, allowing the Timorese government to support private sector development while gradually reducing fiscal deficits to preserve debt sustainability. For 2026, our proposed reforms would be consistent with an expenditure envelope of around US$1.85 billion for central government.

    “We welcome continued progress in the government’s financial sector reforms—including an insolvency framework, a secure transactions law, development of corporate accounting standards, and a new law on banking activities—whose implementation would support private sector development. We also recommend accelerating the issuance of land titles and establishing a national digital ID system, which are crucial reforms to boost access to credit, diversify the private sector, and improve the efficiency of public spending.

    “The team had fruitful discussions with Minister of Finance Santina Cardoso, Central Bank Governor Hélder Lopes, other senior officials, the private sector, civil society, and development partners. On behalf of the IMF team, I would like to thank the Timorese authorities for their hospitality and excellent cooperation. The IMF stands ready to continue providing capacity development to assist the government’s operations and reform efforts.”

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Pemba Sherpa

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    https://www.imf.org/en/News/Articles/2025/07/02/pr25232-imf-staff-complete-2025-article-iv-mission-to-timor-leste

    MIL OSI

    MIL OSI Russia News –