Category: Business

  • MIL-OSI Economics: Elevate Your Viewing Experience and Be Rewarded with Samsung’s #YouMake TV Redemption Promotion

    Source: Samsung

     
    Samsung South Africa is excited to announce the #YouMake TV Redemption Promotion. Running currently until 30 June 2025, this promotion offers South Africans more than just innovative televisions — it’s a chance to tailor your tech experience and receive a complimentary gift with every qualifying TV purchase.
     
    Samsung’s #YouMake initiative focuses on giving consumers more control over how their technology integrates into their daily lives. From customisable design to seamless connectivity, the campaign is a bold step toward a world where technology adapts to the user, and not the other way around.
     
    Buy a TV, Get Rewarded
    During the campaign, customers who purchase a qualifying Samsung TV, either online or from select retailers, will receive a complimentary gift ranging from smartphones to tablets, tailored to the specific TV model purchased. Participating retailers include Game, Takealot, Iser, Hirsch’s, House & Home, as well as Samsung’s branded stores and online store.
     
    This is the list of qualifying TVs (including product codes);

    Participating Retailer
    Model Code
    Product Name
    Gift

    Samsung Brand Store
    QA85Q60DAKXXA
    85-Inch QLED 4K Q60D Tizen OS Smart TV (2024)
    Galaxy Tab S10FE Wi-Fi

    Samsung Brand Store
    QA75Q60DAKXXA
    75-Inch QLED 4K Q60D Tizen OS Smart TV (2024)
    Galaxy A26 5G

    Samsung Brand Store
    QA65Q60DAKXXA
    65-Inch QLED 4K Q60D Tizen OS Smart TV (2024)
    Galaxy A16

    Samsung Brand Store
    QA55Q60DAKXXA
    55-Inch QLED 4K Q60D Tizen OS Smart TV (2024)
    Galaxy A16

    Samsung Brand Store
    UA85DU7000KXXA
    85-Inch DU7000 Crystal UHD 4K HDR Smart TV
    Galaxy Tab S10FE Wi-Fi

    Samsung Brand Store
    UA75DU7000KXXA
    75-Inch DU7000 Crystal UHD 4K HDR Smart TV
    Galaxy Tab A9+ Wi-Fi

    Samsung Brand Store
    UA65DU7000KXXA
    65-Inch DU7000 Crystal UHD 4K HDR Smart TV
    Galaxy A16

    Samsung Brand Store
    QA65QN85DBKXXA
    65-Inch Neo QLED 4K QN85D Tizen OS Smart TV (2024)
    Galaxy A26 5G

    Samsung Brand Store
    QA55QN85DBKXXA
    55-Inch Neo QLED 4K QN85D Tizen OS Smart TV (2024)
    Galaxy A26 5G

    Samsung Brand Store
    UA75DU8000KXXA
    75-Inch DU8000 Crystal UHD 4K HDR Smart TV
    Galaxy Tab A9+ Wi-Fi

     
    How to Redeem Your Gift
    Step 1: Buy a participating product on or before 30 June 2025.
    Step 2: Scan the QR Code or visit TV Offer Redemption and complete the redemption form, upload all required documents, then click submit.
    Step 3: An email will be shared once the completed redemption form has been submitted and evaluation of the redemption has been successful.
    Step 4: Once the redemption is approved, the complimentary gift(s) will be delivered within 21-30 days.
     
    Each purchase of a qualifying TV unlocks a gift, so there’s no limit to how many times you can redeem, as long as each purchase meets the campaign criteria.
     
    Make It Yours with #YouMake
    Samsung’s #YouMake campaign redefines personalisation and connectivity, allowing you to tailor your technology to suit your space, your preferences, and your life. Now, with every qualifying TV purchase, that experience comes with even more value.
     
    For more details, terms and conditions, visit: Samsung Offers

    MIL OSI Economics

  • MIL-OSI Economics: Elevate Your Viewing Experience and Be Rewarded with Samsung’s #YouMake TV Redemption Promotion

    Source: Samsung

     
    Samsung South Africa is excited to announce the #YouMake TV Redemption Promotion. Running currently until 30 June 2025, this promotion offers South Africans more than just innovative televisions — it’s a chance to tailor your tech experience and receive a complimentary gift with every qualifying TV purchase.
     
    Samsung’s #YouMake initiative focuses on giving consumers more control over how their technology integrates into their daily lives. From customisable design to seamless connectivity, the campaign is a bold step toward a world where technology adapts to the user, and not the other way around.
     
    Buy a TV, Get Rewarded
    During the campaign, customers who purchase a qualifying Samsung TV, either online or from select retailers, will receive a complimentary gift ranging from smartphones to tablets, tailored to the specific TV model purchased. Participating retailers include Game, Takealot, Iser, Hirsch’s, House & Home, as well as Samsung’s branded stores and online store.
     
    This is the list of qualifying TVs (including product codes);

    Participating Retailer
    Model Code
    Product Name
    Gift

    Samsung Brand Store
    QA85Q60DAKXXA
    85-Inch QLED 4K Q60D Tizen OS Smart TV (2024)
    Galaxy Tab S10FE Wi-Fi

    Samsung Brand Store
    QA75Q60DAKXXA
    75-Inch QLED 4K Q60D Tizen OS Smart TV (2024)
    Galaxy A26 5G

    Samsung Brand Store
    QA65Q60DAKXXA
    65-Inch QLED 4K Q60D Tizen OS Smart TV (2024)
    Galaxy A16

    Samsung Brand Store
    QA55Q60DAKXXA
    55-Inch QLED 4K Q60D Tizen OS Smart TV (2024)
    Galaxy A16

    Samsung Brand Store
    UA85DU7000KXXA
    85-Inch DU7000 Crystal UHD 4K HDR Smart TV
    Galaxy Tab S10FE Wi-Fi

    Samsung Brand Store
    UA75DU7000KXXA
    75-Inch DU7000 Crystal UHD 4K HDR Smart TV
    Galaxy Tab A9+ Wi-Fi

    Samsung Brand Store
    UA65DU7000KXXA
    65-Inch DU7000 Crystal UHD 4K HDR Smart TV
    Galaxy A16

    Samsung Brand Store
    QA65QN85DBKXXA
    65-Inch Neo QLED 4K QN85D Tizen OS Smart TV (2024)
    Galaxy A26 5G

    Samsung Brand Store
    QA55QN85DBKXXA
    55-Inch Neo QLED 4K QN85D Tizen OS Smart TV (2024)
    Galaxy A26 5G

    Samsung Brand Store
    UA75DU8000KXXA
    75-Inch DU8000 Crystal UHD 4K HDR Smart TV
    Galaxy Tab A9+ Wi-Fi

     
    How to Redeem Your Gift
    Step 1: Buy a participating product on or before 30 June 2025.
    Step 2: Scan the QR Code or visit TV Offer Redemption and complete the redemption form, upload all required documents, then click submit.
    Step 3: An email will be shared once the completed redemption form has been submitted and evaluation of the redemption has been successful.
    Step 4: Once the redemption is approved, the complimentary gift(s) will be delivered within 21-30 days.
     
    Each purchase of a qualifying TV unlocks a gift, so there’s no limit to how many times you can redeem, as long as each purchase meets the campaign criteria.
     
    Make It Yours with #YouMake
    Samsung’s #YouMake campaign redefines personalisation and connectivity, allowing you to tailor your technology to suit your space, your preferences, and your life. Now, with every qualifying TV purchase, that experience comes with even more value.
     
    For more details, terms and conditions, visit: Samsung Offers

    MIL OSI Economics

  • MIL-Evening Report: Shadow treasurer Ted O’Brien accepts invitation to government’s economic roundtable

    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

    The federal opposition has accepted an invitation from Treasurer Jim Chalmers for shadow treasurer Ted O’Brien to attend the August economic roundtable.

    The acceptance contrasts with the position taken by former opposition leader Peter Dutton last term. He refused to attend the government’s jobs and skills summit although the Nationals leader David Littleproud did so.

    The opposition’s decision is in line with the indication from its leader Sussan Ley that she wants to be more constructive than the Liberals were last term.

    The roundtable, focused on productivity, has broadened into a meeting where tax reform is expected to figures heavily. Chalmers is looking for consensus for reforms but the extent to which that can be achieved remains to be seen.

    Chalmers said on Tuesday he had provided the invitation to O’Brien “in good faith. I think it would be a good thing to have the shadow treasurer engaged at the economic reform roundtable.

    “I think it will give us a better chance of making the kind of progress that we desperately need to see on reform and in our economy more broadly.”

    Chalmers is still finalising the invitations, which will go to business, the union movement and civil society representatives.

    O’Brien said he would engage at the roundtable “in a business-like fashion”.

    He said the Coalition would be “constructive where we can and critical where we must”. It would hold the government to account and he would not be at the summit “to rubber stamp a talkfest”.

    “It’s worth the treasurer knowing from the outset that I believe rhetoric is no substitute for reform. I want to see honesty in how the government defines the economic problems our nation faces, and I will be looking to tangible outcomes as real measures of success.”

    On Wednesday Ley will appear at the National Press Club, speaking about her personal story, the Liberals’ federal election defeat, and some markers on policy areas where the Liberals will focus.

    She will also outline some priority policy areas that she’ll champion during this parliamentary term.

    In her address Ley will highlight “aspiration”, saying this is the “thread that connects every single part of Australian society”.

    “Aspiration is the foundation of the Australian promise: that if you work hard, play by the rules, do your best for your kids and contribute to your community, you will be able to build a better life for yourself and your family.”

    In her speech, part of which was released ahead of delivery, Ley acknowledges the opposition didn’t just lose the last election – “we got smashed. We respect the election outcome with humility. We accept it with contrition. And we must learn from it with conviction.”

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

    ref. Shadow treasurer Ted O’Brien accepts invitation to government’s economic roundtable – https://theconversation.com/shadow-treasurer-ted-obrien-accepts-invitation-to-governments-economic-roundtable-259691

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Africa: Rack Centre welcomes TelCables Nigeria, integrates its international subsea-cable network at the Lagos campus


    Download logo

    Rack Centre, West Africa’s leading Tier III carrier – and cloud -neutral data centre, has signed a strategic collocation agreement with TelCables Nigeria, a subsidiary of Angola Cables (www.AngolaCables.co.ao) and one of Africa’s most connected network operators. Through the partnership, TelCables Nigeria is deploying its high capacity network and cloud infrastructure together with four international subsea cable systems (SACS, MONET, SEBRAS and EllaLink) directly into Rack Centre’s carrier ecosystem in the region. The move delivers the most resilient, low-latency south-bound routes to Europe, the Americas and Latin America, mitigating the risk of future cable-cut outages along West Africa’s coast and powering next-generation cloud services across the continent.

    “Our unique Africa – to – Latin America route via SACS, combined with MONET, SEBRAS and EllaLink, gives customers the lowest – latency paths to the Americas and Europe,” said Fernando Fernandes, CEO of TelCables Nigeria. “Businesses in latency sensitive sectors: financial services, content delivery and real-time communications will experience faster transactions, reduced lag and an enhanced user experience. By hosting at Rack Centre we also localise Clouds2Africa resources, price them in naira, and remove expensive ingress/egress charges or FX exposure.”

    Partnership highlights

    • Robust dark-fibre integration: TelCables Nigeria is lighting diverse, redundant dark-fibre rings into Rack Centre, ensuring always-on performance.
    • Clouds2Africa platform on-net: Customers can consume scalable IaaS, PaaS and CDN services from within the data sovereign walls of Rack Centre, paying in NGN.
    • Direct on-ramps to AWS, Microsoft Azure and Google Cloud, supporting hybrid and multi-cloud strategies alongside Dedicated Internet Access, IP Transit and remote Internet Exchange (IX) peering.
    • Low-latency routes to three continents, including the only direct Africa to Latin America path, plus shortest-hop connections to Europe and the USA.

    Supporting Rack Centre’s expansion strategy

    Rack Centre’s 13.5MW data centre campus designed with its recently launched LGS2 facility that delivers a design PUE of 1.35 and powered from sustainable energy sources, already hosts 70+ carriers, ISPs and network operators.

    Lars Johannisson, CEO of Rack Centre, said:

    “Adding a global operator of Angola Cables’ calibre through TelCables Nigeria dramatically deepens our connectivity fabric. We can now offer 99.95 % SLA routes to more destinations, enabling enterprises, governments and cloud providers to meet performance and data-residency requirements while keeping traffic local.”

    With features such as N+2 high-efficiency cooling, an integrated Building Management System and AI-ready high-density racks, LGS2 combines capacity, sustainability and innovation reinforcing Rack Centre’s position as a critical digital hub for Nigeria and West Africa.

    Distributed by APO Group on behalf of Angola Cables.

    For Media Enquiries:
    Ada Ibelegbu
    Senior Marketing Associate
    Rack Centre
    Email: ada.ibelegbu@rack-centre.com
    M: +234 80 904 03 473
    T: +234 1 700 5515

    About Angola Cables:
    Angola Cables is an international ICT solutions provider operating a 33,000 km subsea-cable network (WACS, SACS, MONET) and 50,000 km of partner routes, linking the Americas, Africa, Europe and Asia. The company runs Tier III data centres in Fortaleza (Brazil) and Luanda (Angola), manages the Angonix IXP, and maintains 30+ PoPs worldwide. CAIDA ranks Angola Cables among the top-25 global ISPs (2023). www.AngolaCables.co.ao

    About Rack Centre:
    Rack Centre is West Africa’s leading Tier III carrier and cloud neutral data-centre operator. Since 2012 it has specialised in colocation and interconnection, offering customers a technically superior, physically secure and cost-efficient environment. The campus hosts 70+ carriers, ISPs and global Tier 1 networks, with direct links to every subsea cable landing on Africa’s Atlantic coast including Equiano and, soon, 2Africa. www.Rack-Centre.com

    MIL OSI Africa

  • MIL-OSI Africa: Angola Becomes Shareholder in Africa Finance Corporation (AFC), Reinforcing Commitment to Africa-Led Development

    Africa Finance Corporation (AFC) (www.AfricaFC.org), Africa’s leading infrastructure solutions provider, today announced that the Republic of Angola has become its latest sovereign shareholder. This strategic equity investment further strengthens Angola’s partnership with AFC and underscores the country’s confidence in AFC’s mandate to accelerate sustainable development and regional integration through transformational infrastructure.

    As a member of the Africa Finance Corporation since 2022, Angola has deepened its strategic partnership with the institution through a landmark equity investment commitment of US$184.8 million. This bold move reflects Angola’s confidence in the AFC’s institutional strength and its ambition to help shape Africa’s development agenda from within. It builds on nearly US$1 billion in AFC investments across Angola’s priority sectors—power, rail, logistics, and critical minerals—core to the country’s industrialization and economic diversification strategy. The investment also signals growing momentum for African-led capital solutions to drive long-term, transformative growth across the continent.

    Earlier this year, the Fundo Soberano de Angola, Angola’s Sovereign Wealth Fund, also made a US$25 million equity investment in AFC. Together, these investments reflect a cohesive national strategy to advance Angola’s infrastructure and industrial development agenda through close collaboration with the Corporation.

    With this milestone investment, Angola becomes the second Lusophone African nation, after Cape Verde, to join the growing list of equity investors in AFC. This underscores the Corporation’s expanding pan-African footprint and its commitment to accelerating the continent’s structural transformation through strategic, high-impact partnerships.

    “Angola’s capital commitment underscores the impact of sovereign alignment with AFC’s mandate to catalyse Africa’s transformation. It affirms the value of combining national vision with AFC’s model of delivering critical infrastructure, deploying innovative financing solutions, and forging catalytic partnerships across the public and private sectors”, said Samaila Zubairu, President & CEO of Africa Finance Corporation. “This marks a significant step in AFC’s journey to broaden shareholder representation across Africa”.

    Dr. Vera Daves de Sousa, Angola’s Minister of Finance, said: “Angola’s shareholding investment in AFC signals our strong belief in the power of partnerships to deliver lasting economic transformation. The Corporation has been a trusted ally over the last few years, financing strategic sectors including infrastructure, energy, and industrial projects critical to our diversification efforts, and we look forward to a continued, mutually beneficial partnership”.

    AFC and Angola have had a strong collaborative history over the years, exemplified by initiatives such as the Lobito Corridor project, where AFC is acting as lead developer alongside other partners. This transformational multi-country transport network connecting Angola, Zambia, and the Democratic Republic of Congo (DRC) has the potential to unlock new industrial and value-chain opportunities across key sectors, including mining, agriculture, energy, and tourism. 

    Distributed by APO Group on behalf of Africa Finance Corporation (AFC).

    Media Enquiries:
    Yewande Thorpe
    Communications
    Africa Finance Corporation
    Mobile: +234 1 279 9654
    Email: yewande.thorpe@africafc.org

    About AFC:
    AFC was established in 2007 to be the catalyst for pragmatic infrastructure and industrial investments across Africa. AFC’s approach combines specialist industry expertise with a focus on financial and technical advisory, project structuring, project development, and risk capital to address Africa’s infrastructure development needs and drive sustainable economic growth.

    Eighteen years on, AFC has developed a track record as the partner of choice in Africa for investing and delivering on instrumental, high-quality infrastructure assets that provide essential services in the core infrastructure sectors of power, natural resources, heavy industry, transport, and telecommunications. AFC has 45 member countries and has invested over US$15 billion in 36 African countries since its inception.

    www.AfricaFC.org

    MIL OSI Africa

  • MIL-OSI Africa: H.E. President João Manuel Gonçalves Lourenço of the Republic of Angola received H.E. @ymahmoudali, Chairperson of the African Union (AU) Commission and his delegation, at the State House


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    This morning in Luanda, on the margins of the US-Africa Business Summit, H.E. President João Manuel Gonçalves Lourenço of the Republic of Angola received H.E. Mahmoud Ali Youssouf, Chairperson of the AU Commission and his delegation, at the State House. The Chairperson briefed the President on the regional developments, including the situations in Eastern DRC, Sudan, South Sudan, the Sahel, and Somalia, as well as ongoing efforts to mobilise sustainable funding for African-led peace support operations.

    President Lourenço commended the Chairperson’s leadership in advancing peace, security, and regional integration, and encouraged continued diplomatic engagement in resolving ongoing conflicts, and AU activities in support of Agenda 2063.

    Distributed by APO Group on behalf of African Union (AU).

    MIL OSI Africa

  • MIL-OSI Banking: Secretary-General of ASEAN meets with the Minister of Foreign Affairs, African Cooperation and Moroccan Expatriates of the Kingdom of Morocco

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, started his Official Visit to Morocco with a bilateral meeting with the Minister of Foreign Affairs, African Cooperation and Moroccan Expatriates of the Kingdom of Morocco, Nasser Bourita, in Rabat, on 24 June 2025. The Joint Summary of Meeting is attached
     

     
    The post Secretary-General of ASEAN meets with the Minister of Foreign Affairs, African Cooperation and Moroccan Expatriates of the Kingdom of Morocco appeared first on ASEAN Main Portal.

    MIL OSI Global Banks

  • MIL-OSI: LPL Financial and Strategic Wealth Group Welcome Financial Advisors Mike Trudeau, Matt Merrick, Ben Ollila and Ben Prchal

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, June 24, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisors Mike Trudeau, CFP®, Matt Merrick, Ben Ollila, CFP® and Ben Prchal have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms, aligning with existing RIA firm Strategic Wealth Group. They reported serving approximately $220 million in advisory, brokerage and retirement plan assets* and join LPL from Thrivent Investment Management.

    Based just outside of Minneapolis in Lino Lakes, Minn., Trudeau, Merrick and Ollila began collaborating in 2009 and bring a combined three decades of financial industry experience to the practice. Prchal, who entered the financial industry in 2021, completes the team. Together, they take a take a holistic approach to helping their clients — most of whom are nearing or in retirement — plan for the next phase of their fiscal futures.

    “We approach financial planning like it’s a jigsaw puzzle to solve,” Merrick said. “Each piece of our clients’ financial puzzle — like retirement, Social Security investments, assets and estate planning — must be placed correctly to complete their fiscal picture.”

    Why they chose LPL and Strategic Wealth Group

    Looking for a strategic partner to help them provide an elevated client experience, free from corporate mandates and proprietary investments, Trudeau, Merrick, Ollila and Prchal turned to Strategic Wealth Group and LPL for the next chapter of their business.

    “By going independent with Strategic Wealth Group and LPL, we will be able to provide a holistic and tailored experience for each client, using products and services that make sense for their long- and short-term goals,” Trudeau said. “A tremendous plus is that Strategic Wealth Group’s services are backed by LPL’s innovative technology and integrated capabilities, allowing us to provide a next-level experience.”

    Prchal added, “By partnering with Strategic Wealth Group, we now have access to Strategic Tax Group, an in-house team of tax professionals, which will allow us to bundle financial planning, accounting and estate planning under one roof. By making this move, we will have the opportunity to serve our clients our way and build the business we envision.”

    Scott Posner, LPL Managing Director, Business Development, said, “We welcome Mike, Ben, Matt and Ben to LPL and congratulate them on their move to independence with Strategic Wealth Group. With more freedom and flexibility, financial advisors who choose LPL can work more effectively, run thriving practices and create value for their clients. We look forward to supporting Strategic Wealth Group for years to come.”

    Related

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

    About LPL Financial

    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

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

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

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

    *Value approximated as reported to LPL

    Media Contact: 
    Media.relations@LPLFinancial.com 

    Tracking #758126

    The MIL Network

  • MIL-OSI: Grayscale® Launches Grayscale® Space and Time Trust

    Source: GlobeNewswire (MIL-OSI)

    STAMFORD, Conn., June 24, 2025 (GLOBE NEWSWIRE) — Grayscale®, the world’s largest digital asset-focused investment platform, today announced the creation and launch of Grayscale® Space and Time Trust (the “Trust”).

    Space and Time is a blockchain built to deliver verifiable, real-time database processing for smart contracts, artificial intelligence (AI), and decentralized applications. Built to meet the growing demands of the Web 3.0 ecosystem and AI, it seeks to offer scalable, transparent access to both on-chain and off-chain data, addressing a critical limitation of traditional blockchains.

    While traditional blockchain technology offers decentralization and resilience, it has historically not been designed for computationally intensive tasks. In contrast, legacy systems like data warehouses excel at complex queries and throughput, but rely on centralized infrastructure, potentially creating single points of failure, as opposed to the trustless nature of blockchains.

    Space and Time strives to bridge this gap by combining the reliability of blockchain networks with the performance of traditional data platforms. The result is a high-performance, decentralized data and compute layer that brings speed and efficiency, and is designed to help preserve transparency and data integrity. This innovative approach is especially crucial for decentralized finance and AI, where verifiable data integrity, provenance, and auditability are essential.

    “As we enter the next age of computing, transparency is paramount. Verifiable data ensures that we can trust the underlying datasets used for AI and smart contract applications,” said Rayhaneh Sharif-Askary, Head of Product & Research at Grayscale. “Grayscale Space and Time Trust provides investors with access to a project that combines blockchain technology with enterprise-grade data architecture, enabling a wide range of use cases across Web 2.0 and Web 3.0.”

    “AI and blockchain are converging around one critical need: verifiable data. Space and Time is built to solve this problem, bringing verifiability, transparency, and auditability to the data and compute that will drive the next generation of intelligent and decentralized applications,” said the Space and Time Foundation.

    Grayscale® Space and Time Trust provides investors with exposure to SXT, the native token of the Space and Time network, which plays a critical role in securing the network through staking and facilitating data processing payments.

    The Trust is now open for daily subscription by eligible individual and institutional accredited investors.* The Trust functions like Grayscale’s other single-asset investment trusts, except as may be disclosed in the Private Placement Memorandum relating to the Trust, and is solely invested in the SXT token underpinning the Space and Time protocol. For additional information regarding the seeding of the Trust and other ways in which an investment in the Trust might differ from an investment in Grayscale’s other single-asset investment trusts, please refer to the Private Placement Memorandum relating to the Trust.

    This press release is not an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal, nor shall there be any sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

    *Grayscale’s private placements are only available to Accredited Investors as defined in Rule 501(a) of Regulation D under the Securities Act of 1933, as amended. Most individuals are not Accredited Investors. For additional information on Accredited Investors and their qualifications please consult https://www.sec.gov/newsroom/speeches-statements/spch121714laa

    Grayscale may attempt to have shares of new products quoted on a secondary market. However, there is no guarantee that Grayscale will be successful. Although the shares of certain products have been approved for trading on a secondary market, investors in the new products should not assume that the shares will ever obtain such an approval due to a variety of factors, including questions regulators, such as the SEC, FINRA, or other regulatory bodies may have regarding such products. As a result, shareholders of such products should be prepared to bear the risk of investment in the shares indefinitely. To date, certain products have not met their investment objective, and the shares of such products quoted on OTC Markets have not reflected the value of the digital assets held by such products, less such products’ expenses and other liabilities, but have instead traded at a premium over such value, which at times has been substantial. There have also been instances where the shares of certain products have traded at a discount.

    Private placement securities are speculative, illiquid, and entail a high level of risk, including the risk that an investor could lose their entire investment. The Space and Time protocol was relatively recently conceived and its particular underlying technological mechanisms may not function as intended, which could have an adverse impact on the value of SXT and an investment in the Shares.

    Extreme volatility of trading prices that many digital assets have experienced in recent periods and may continue to experience, could have a material adverse effect on the value of the Trust and the shares could lose all or substantially all of their value.

    About Grayscale
    Grayscale enables investors to access the digital economy through a family of future-forward investment products. Founded in 2013, Grayscale has a decade-long track record and deep expertise as a digital asset-focused investment platform. Investors, advisors, and allocators turn to Grayscale for single asset, diversified, and thematic exposure. For more information, please follow @Grayscale or visit grayscale.com.

    Media Contact
    press@grayscale.com

    Client Contact
    866-775-0313
    info@grayscale.com

    The MIL Network

  • MIL-OSI: Orion180 Announces Completion of Its 2025 Hurricane Season Reinsurance Towers Totaling $845M

    Source: GlobeNewswire (MIL-OSI)

    MELBOURNE, Fla., June 24, 2025 (GLOBE NEWSWIRE) — Orion180, a leading provider of innovative insurance solutions, has successfully completed its $845M reinsurance placement for excess-of-loss (XOL) and net quota share agreements for the 2025 hurricane season. The combined tower now totals $845M, covering both Orion180 Insurance and Orion180 Select Insurance companies. This placement represents a 31% increase from 2024 and covers multiple events for the 2025 hurricane season. The renewed reinsurance program is backed by a robust panel of 35 leading global reinsurers.

    The National Oceanic and Atmospheric Administration (NOAA) has forecasted an above-normal hurricane season, forecasting a range of 13 to 19 total named storms. In anticipation, and to support the company’s continued growth, Orion180 has secured the reinsurance placements to back its expanding personal lines portfolio across the U.S. including its FLEX Home Insurance and Residential Private Flood Insurance offerings. According to S&P Global data, Orion180 Insurance Company is the second largest E&S home insurance company in the country by premium.

    “By providing additional insurance capacity, our reinsurance partners empower us to deliver much-needed tailored coverage to homeowners in catastrophe-prone markets,” said Ken Gregg. “Independent agents and customers can rest easy, knowing that Orion180 can fulfill its promise of offering protection in higher risk areas of the United States when few others will.”

    Orion180’s FLEX Home Insurance is available now in Texas and Florida, and its Residential Private Flood Insurance is available in Alabama, Arizona, Colorado, Florida, Georgia, Illinois, Mississippi, North Carolina, Ohio, South Carolina, and Tennessee with plans to expand to other new States in need in 2025. Independent agents interested in quoting insurance coverage should visit Orion180.com/partner-with-us.

    About Orion180
    Orion180 is a technology-driven and customer-centric insurance brand that combines proprietary technology, real-time data, and straightforward underwriting practices to provide a seamless and premier insurance experience. Orion180 operates through Orion180 Insurance Co., a surplus lines insurance company serving Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Texas, Colorado (Flood only), Tennessee (Flood only), Illinois (Flood only) and Arizona, and Orion180 Select Insurance Co., an admitted insurance company offering coverage in Alabama, Arizona, Georgia, Indiana, Mississippi, North Carolina, and Ohio. With its proprietary MY180 platform and third-party integrations, Orion180 offers unmatched efficiency and innovation, fulfilling its vision of becoming the global leader in insurance solutions while maintaining its mission to deliver superior customer experiences and a comprehensive suite of products. Connect with Orion180 on X, LinkedIn, Facebook, Instagram, TruthSocial, and YouTube. For more information, visit www.Orion180.com.

    The MIL Network

  • MIL-OSI: RATE25: Victor Ciardelli and Rate Companies, the #2 retail lender in the country, celebrate 25 years of empowering homeownership with the Launch of Rate25

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, June 24, 2025 (GLOBE NEWSWIRE) — Rate, a leading fintech company, is commemorating 25 years of innovation, growth, and impact with the launch of Rate25. This week-long celebration honors the people, partnerships, and milestones that have propelled the company to help over 2 million customers realize their dreams with more than $300 billion in originated loan volume.

    Founded in 2000 as a bold startup on Chicago’s north side, Rate has grown into one of the nation’s top retail mortgage lenders. Rate has spent the past 25 years differentiating itself in the marketplace with low, low prices, cutting-edge technology, unparalleled speed, as well as expert advice and service.

    At the heart of Rate’s success is a mission to Grow for Good and make a meaningful impact on its customers’ overall wellbeing, both financial and personal. This commitment comes to life through two key pillars: the Rate Foundation, which supports families and communities in need, and the newly launched Rate Super App, which brings together all of Rate’s financial offerings and personal wellness resources in one seamless experience.

    “Reaching this milestone is a moment of reflection, pride, and deep gratitude,” said Victor Ciardelli, Founder and CEO of Rate Companies. “Our success has always been rooted in relationships, those we build with our customers, our employees, our referral partners, and the communities we serve. I’m incredibly proud of how far we’ve come and even more excited for what lies ahead.”

    Rate25 will take place the week of June 23rd, bringing employees together across the country to celebrate its journey and future direction. The campaign includes company-wide recognitions, meaningful experiences, and a digital timeline celebrating the people and milestones that have shaped Rate.

    “Our team’s relentless drive to imagine what’s possible and then bring that to life has been the foundation of Rate’s success,” added Ciardelli. “Rate25 is about celebrating how far we’ve come, while renewing our commitment to where we’re going and beyond. Rate is truly building the future of fintech and personal wellness, by putting people first, using technology to empower, and staying grounded in our mission to make a meaningful difference in every life we touch.”

    About Rate
    Rate Companies is a leader in mortgage lending and digital financial services. Headquartered in Chicago, Rate has over 850 branches across all 50 states and Washington D.C. Since its launch in 2000, Rate has helped more than 2 million homeowners with home purchase loans and refinances. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates, and delivering unparalleled customer service. Honors and awards include: Top 5 Mortgage Lender by Inside Mortgage Finance for 2024; Best Mortgage Lender for First-Time Homebuyers by NerdWallet for 2023; HousingWire’s Tech100 award for the company’s industry-leading FlashClose℠ digital mortgage platform in 2020, MyAccount in 2022, and Language Access Program in 2023; the most Scotsman Guide Top Originators for 11 consecutive years; Chicago Agent Magazine’s Lender of the Year for seven consecutive years; and Chicago Tribune’s Top Workplaces list for seven straight years. Visit rate.com for more information.

    Media Contact:
    press@rate.com

    The MIL Network

  • MIL-OSI: FORGE C2 Team Sets New Benchmark for Acquisition Excellence Through SpEC OTA

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 24, 2025 (GLOBE NEWSWIRE) — Space Systems Command nominated the Future Operationally Resilient Ground Evolution Command and Control (FORGE C2) team for the John J. Welch, Jr. Excellence in Acquisition Leadership Award at the Department of the Air Force level. This prestigious award recognizes an Air Force team that has made significant improvements and impacts in acquisition leadership over the past year. The FORGE C2 team, with contributors based in El Segundo, CA; Colorado Springs and Boulder, CO; Washington, D.C.; Chantilly and Reston, VA; and North Logan, UT, was recognized for its exceptional innovation, acquisition excellence, and transformative collaboration with industry partners through the Space Enterprise Consortium (SpEC) Other Transaction Authority (OTA), managed by National Security Technology Accelerator (NSTXL).

    Tasked with modernizing the command-and-control capabilities for the $20 billion Overhead Persistent Infrared (OPIR) space enterprise, the FORGE C2 team reimagined the strategic direction of a $5.5 billion C2 weapons system program. Through close integration with more than 54 government and industry stakeholders, the team delivered four rapid prototype solutions that enhanced cybersecurity, automation, and operational responsiveness across two Combatant Commands, achieving a 30% increase in resiliency and automation.

    “This recognition of the FORGE C2 team is a powerful testament to what’s possible when government and industry come together to tackle a shared mission,” said Doug Crowe, Senior Vice President of Program Management at NSTXL. “The SpEC OTA empowered the team to move beyond traditional acquisition constraints and drive real innovation with non-traditional defense companies. This award validates how OTAs enable leaders across government and industry to collaborate boldly, think strategically, and—most importantly—deliver faster for the mission.”

    A cornerstone of this success was the strategic use of the SpEC OTA, which allowed the team to bypass traditional Federal Acquisition Regulation (FAR) constraints. By leveraging SpEC, the team reduced procurement timelines by more than a year and onboarded 15 non-traditional defense contractors—opening competition after a decade of single-vendor reliance. This agile model opened doors to cutting-edge commercial solutions and shortened C2 application delivery timelines by more than two years.

    Additionally, the team’s streamlined evaluation process cut source selection timelines by two months and has since been adopted as a “gold standard” by the National Security Technology Accelerator (NSTXL), benefiting more than 600 companies and 10 U.S. Space Force Agreements Officers.

    NSTXL, which manages SpEC, played a pivotal role in the FORGE C2 team’s success by providing agile acquisition support, industry engagement expertise, and streamlined contracting processes on behalf of SSC. This close partnership enabled the team to rapidly access innovative, non-traditional defense companies and execute an accelerated prototyping strategy that delivered results years ahead of schedule.

    This award underscores how innovative acquisition strategies and strong collaboration—enabled by mechanisms like the SpEC OTA—are not only modernizing space defense systems but also redefining how government and industry work together to maintain strategic advantage.

    About SpEC
    The Space Enterprise Consortium (SpEC) was created in 2017 through the Air Force Space Systems Command to bridge the gap between military buyers, commercial space startups, and small businesses through OTAs. Companies interested in joining the Space Enterprise Consortium can find more information about the organization, including how to join at https://www.space-enterprise.org/.

    For media inquiries contact:
    press@nstxl.org

    The MIL Network

  • MIL-OSI: Incorta Named in 2025 Gartner® Magic Quadrant™ for Analytics and BI Platforms

    Source: GlobeNewswire (MIL-OSI)

    FOSTER CITY, Calif., June 24, 2025 (GLOBE NEWSWIRE) — Incorta, the only data integration platform that takes away the pain of ETL processes, today announced it has been recognized in the 2025 Gartner® Magic Quadrant™ for Analytics and Business Intelligence Platforms. This marks the fourth consecutive year the company has been named a Niche Player in the report.

    Incorta changes the game by directly mapping to data sources, eliminating the need for complex ETL, reshaping, and aggregation typically required by traditional platforms. This patented approach significantly reduces development time for data teams while enabling analysts, data scientists, and business users to analyze live operational data with full granularity, delivering unmatched performance at scale.

    “Incorta was built to solve one of the hardest problems in data: how to deliver real-time access to detailed operational data without all the complexity,” said Osama Elkady, Co-founder and CEO of Incorta. “We believe that being recognized again by Gartner is a testament to the impact this approach has on global enterprises who can’t afford to wait for insights.”

    With the introduction of AI-powered Copilot, Incorta further enhances accessibility by allowing all users of any technical level to generate instant insights, data stories, and dashboards using natural language, making analytics more inclusive and intuitive across the organization.

    User Feedback from Gartner® Peer Insights™

    The platform continues to receive high praise from users on Gartner® Peer Insights™, where it maintains a 4.4-star rating based on 127 reviews as of June 2025:

    “Optimizing Data Analysis: The Impact Of Large Datasets And Multiple Connections”
    “The support team is very helpful, knowledgeable, and flexible. The software is easy to use and has the ability to consolidate data from multiple sources to display the data in one dashboard. It can process large data quickly. It can provide the flexibility to the end user to explore the data in several dimensions.”
            — 5-star review, Feb 28, 2025

    “Incorta’s Steadfast Technical Support Serves With Persistence”
    “Ongoing technical support with Incorta has been great. They truly have a vested interest in making sure that issues, new features, and upgrades are carried out in a nearly flawless manner, and they arm you with the knowledge necessary to keep steering the boat.”
            — 5-star review, Dec 30, 2024

    We believe this latest recognition from Gartner underscores the growing importance of real-time operational analytics and validates Incorta’s unique approach. By delivering insights without complex ETL and integrating generative AI to democratize data access, Incorta helps enterprises—including those running Oracle, SAP, Salesforce, and Workday—accelerate time-to-value through prebuilt data applications and AI-augmented analytics.

    Read the full report to learn:

    • Why Incorta is named for a fourth consecutive year as a Niche Player
    • The capabilities deemed important for modern operational analytics
    • Incorta’s strengths and cautions among evaluated vendors

    Get the full report HERE.

    Gartner® disclaimer

    Gartner, Magic Quadrant for Analytics and BI Platforms, Anirudh Ganeshan, Edgar Macari, et al., 16 June 2025 .

    Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

    GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, MAGIC QUADRANT and PEER INSIGHTS are registered trademarks of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.

    Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences with the vendors listed on the platform, should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.

    About Incorta

    Incorta is the first and only open data delivery platform that enables real-time analysis of live, detailed data across all systems of record—without the need for complex ETL processes. By enabling direct analysis on raw, source-identical data, Incorta provides faster, more accurate insights while removing barriers to exploration. With intuitive low-code/no-code tools, AI-powered querying through Nexus, and prebuilt business data applications, enterprise teams can quickly surface insights, break down technical roadblocks, and make smarter decisions without heavy engineering effort. Incorta’s unmatched efficiency shortens time to value and lowers total cost of ownership, helping data teams move at the speed of business. For more information, please visit www.incorta.com.

    Media Contact:
    Elizabeth Byington
    incorta@sparkpr.com

    The MIL Network

  • MIL-OSI: New Book “Brand Gravity” Redefines B2B Growth for the Funnel-Free Future

    Source: GlobeNewswire (MIL-OSI)

    MALVERN, Pa., June 24, 2025 (GLOBE NEWSWIRE) — B2B marketers battling rising costs, elusive ROI, and outdated funnels now have a playbook for the new era. “Brand Gravity: How to Create Magnetic Pull in the Age of Buying Groups,” authored by Lisa Cole, Chief Marketing Officer at 2X, is available for pre-order now on Amazon and BookBaby.

    A paperback edition releasing June 30, 2025 and a premium hardcover launching July 8, 2025.

    As B2B marketers work to modernize go-to-market strategies and scale impact, Brand Gravity offers a compelling modern alternative to the traditional sales funnel—built to attract today’s self-directed buyers naturally. Backed by 6sense research, Cole uses proven strategies from top-performing B2B organizations to provide a clear blueprint of magnetic brand momentum through digital mass through content, credibility, and community.

    “Today’s B2B marketers are under immense pressure to deliver measurable results with fewer resources,” said Cole. “‘Brand Gravity provides a practical, actionable framework to stop chasing leads and start building a powerful brand that buyers can’t resist.”

    Central to the book is the G.R.A.V.I.T.Y. Blueprint, a step-by-step method to align with the modern buyer’s journey and drive sustainable results. Guiding readers through essential actions like gathering insights, accumulating digital mass, validating with social proof, and tracking key growth metrics.

    Written for marketing and revenue leaders, “Brand Gravity” addresses the frustrations of wasted budgets, poor attribution, and sales misalignment. Cole empowers readers to build scalable marketing programs rooted in buyer behavior and business impact.

    About 2X 
    2X is a leading B2B marketing-as-a-service firm that helps marketing leaders achieve greater impact while lowering costs through its managed services delivery model. Servicing over 150 clients including SAP, Ricoh, Docker, Hyland, Seismic, Qlik, and GoTo, 2X provides dedicated and highly skilled FTEs who specialize in marketing operations, martech management, campaign execution, content and creative production, and strategy consulting services. With more than 1,000 team members globally, 2X is backed by private equity firms Recognize and Insight Partners and has been recognized as one of the fastest-growing companies in the US by Inc. and the Financial Times. For more information, visit 2X.marketing or follow us on LinkedIn.

    Media Contact
    Audree Hernandez
    JMAC PR for 2X
    2X@JMACPR.com

    The MIL Network

  • MIL-OSI: New Book “Brand Gravity” Redefines B2B Growth for the Funnel-Free Future

    Source: GlobeNewswire (MIL-OSI)

    MALVERN, Pa., June 24, 2025 (GLOBE NEWSWIRE) — B2B marketers battling rising costs, elusive ROI, and outdated funnels now have a playbook for the new era. “Brand Gravity: How to Create Magnetic Pull in the Age of Buying Groups,” authored by Lisa Cole, Chief Marketing Officer at 2X, is available for pre-order now on Amazon and BookBaby.

    A paperback edition releasing June 30, 2025 and a premium hardcover launching July 8, 2025.

    As B2B marketers work to modernize go-to-market strategies and scale impact, Brand Gravity offers a compelling modern alternative to the traditional sales funnel—built to attract today’s self-directed buyers naturally. Backed by 6sense research, Cole uses proven strategies from top-performing B2B organizations to provide a clear blueprint of magnetic brand momentum through digital mass through content, credibility, and community.

    “Today’s B2B marketers are under immense pressure to deliver measurable results with fewer resources,” said Cole. “‘Brand Gravity provides a practical, actionable framework to stop chasing leads and start building a powerful brand that buyers can’t resist.”

    Central to the book is the G.R.A.V.I.T.Y. Blueprint, a step-by-step method to align with the modern buyer’s journey and drive sustainable results. Guiding readers through essential actions like gathering insights, accumulating digital mass, validating with social proof, and tracking key growth metrics.

    Written for marketing and revenue leaders, “Brand Gravity” addresses the frustrations of wasted budgets, poor attribution, and sales misalignment. Cole empowers readers to build scalable marketing programs rooted in buyer behavior and business impact.

    About 2X 
    2X is a leading B2B marketing-as-a-service firm that helps marketing leaders achieve greater impact while lowering costs through its managed services delivery model. Servicing over 150 clients including SAP, Ricoh, Docker, Hyland, Seismic, Qlik, and GoTo, 2X provides dedicated and highly skilled FTEs who specialize in marketing operations, martech management, campaign execution, content and creative production, and strategy consulting services. With more than 1,000 team members globally, 2X is backed by private equity firms Recognize and Insight Partners and has been recognized as one of the fastest-growing companies in the US by Inc. and the Financial Times. For more information, visit 2X.marketing or follow us on LinkedIn.

    Media Contact
    Audree Hernandez
    JMAC PR for 2X
    2X@JMACPR.com

    The MIL Network

  • MIL-OSI: AvePoint Confidence Platform Adds New ROI and Resilience Command Centers Plus Agentic AI Security to Drive Operational Excellence

    Source: GlobeNewswire (MIL-OSI)

    JERSEY CITY, N.J., June 24, 2025 (GLOBE NEWSWIRE) — AvePoint (Nasdaq: AVPT), the global leader in data security, governance and resilience, today announced significant updates to the AvePoint Confidence Platform, including the launch of two new Command Centers – the Optimization and ROI Command Center and the Resilience Command Center – along with expanded agentic AI governance capabilities for Microsoft Copilot agents. These new capabilities enable organizations to maximize efficiency and reduce costs while maintaining robust security standards.

    “These updates represent our holistic approach to the challenges defining the modern data landscape,” said John Hodges, Chief Product Officer, AvePoint. “Whether organizations are looking to optimize costs, scale AI safely, or govern data across multiple clouds, the AvePoint Confidence Platform provides the unified intelligence and control they need to transform operational pressure into strategic advantage.”

    Optimization and ROI Command Center: Unveiling Measurable Cost Savings

    92 percent of companies intend to implement cost savings measures and strategically allocate resources, such as decommissioning unnecessary infrastructure, reevaluating vendor contracts, and implementing automation. The Optimization and ROI Command Center provides organizations with a comprehensive view of hard-to-find cost-saving opportunities across their data estate in a single pane of glass. The Command Center examines critical areas including integrated license management for cost reduction opportunities, information lifecycle management to mitigate data storage costs, and strategic data migration to consolidate and optimize cloud storage.

    Resilience Command Center: Unified Data Governance

    As 89 percent of enterprises have adopted multi-cloud strategies to minimize vendor lock-in and improve overall resilience, AvePoint’s new Resilience Command Center addresses the critical challenge of tracking and managing data resilience across complex environments. The offering provides comprehensive monitoring and actionable insights for Microsoft 365 services, including storage consumption tracking, backup data oversight, visibility into the most critical data protection with Backup Express, and cost optimization recommendations to enhance data protection efficiency. This foundational capability serves as the launching pad for AvePoint’s broader multi-cloud governance vision, with planned expansions to Salesforce, Google Workspace, and additional platforms throughout 2025.

    Enhanced AI Governance for the Agentic AI Era

    According to Gartner, 33 percent of enterprise software applications will include agentic AI by 2028 – up from less than 1 percent in 2024 – enabling 15 percent of day-to-day work decisions to be made autonomously. Recognizing that each AI agent represents a new endpoint requiring governance, AvePoint expanded AI management capabilities to address the emerging agentic AI landscape.The updates include enhanced Copilot agent governance, enabling scalable security applications across distributed AI deployments, expanded prompt monitoring capabilities, and comprehensive insights and recommendations for Copilot reporting and management.

    The AvePoint Confidence Platform creates an integrated ecosystem where risk and resilience management, cost optimization, and AI governance work together to provide organizations with unprecedented visibility and control over their data operations. This comprehensive approach enables organizations to position themselves for sustained growth and innovation.

    To learn more about the newest capabilities in the AvePoint Confidence Platform, join the AvePoint Innovates webinar taking place at 11am ET on Tuesday, July 8.

    About AvePoint:

    Beyond Secure. AvePoint is the global leader in data security, governance, and resilience, going beyond traditional solutions to ensure a robust data foundation and enable organizations everywhere to collaborate with confidence. Over 25,000 customers worldwide rely on the AvePoint Confidence Platform to prepare, secure, and optimize their critical data across Microsoft, Google, Salesforce, and other collaboration environments. AvePoint’s global channel partner program includes approximately 5,000 managed service providers, value-added resellers, and systems integrators, with our solutions available in more than 100 cloud marketplaces. To learn more, visit www.avepoint.com.

    Forward-Looking Statements

    This press release contains certain forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and other federal securities laws including statements regarding the future performance of and market opportunities for AvePoint. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: changes in the competitive and regulated industries in which AvePoint operates, variations in operating performance across competitors, changes in laws and regulations affecting AvePoint’s business and changes in AvePoint’s ability to implement business plans, forecasts, and ability to identify and realize additional opportunities, and the risk of downturns in the market and the technology industry. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of AvePoint’s most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q. Copies of these and other documents filed by AvePoint from time to time are available on the SEC’s website, www.sec.gov. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and AvePoint does not assume any obligation and does not intend to update or revise these forward-looking statements after the date of this release, whether as a result of new information, future events, or otherwise, except as required by law. AvePoint does not give any assurance that it will achieve its expectations. Unless the context otherwise indicates, references in this press release to the terms “AvePoint,” “the Company,” “we,” “our” and “us” refer to AvePoint, Inc. and its subsidiaries.

    Disclosure Information

    AvePoint uses the https://avepoint.com/ir website as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.

    Investor Contact
    AvePoint
    Jamie Arestia
    ir@avepoint.com 
    (551) 220-5654

    Media Contact
    AvePoint
    Nicole Caci
    pr@avepoint.com   
    (201) 201-8143

    The MIL Network

  • MIL-OSI: Trawick International’s Gianni De Min Appointed to Advisory Board of Global Healthcare Accreditation

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, June 24, 2025 (GLOBE NEWSWIRE) — Trawick International, a leading provider of international insurance and assistance services, today announced that Gianni De Min, Vice President of Network Management, has been appointed to the Board of Advisors for Global Healthcare Accreditation (GHA), a recognized international authority in the accreditation and certification of healthcare providers worldwide.

    GHA CEO Renée-Marie Stephano invited De Min to join the board based on his deep expertise in international healthcare networks and global insurance, as well as endorsements from respected industry leaders. In this role, he will participate in strategic discussions on the future of global healthcare delivery and innovation.

    De Min expressed enthusiasm about the appointment, stating: “I’m honored to join GHA’s Board of Advisors and contribute to an organization that is shaping the future of global healthcare. As the demand for cross-border care continues to grow, it’s critical that we work together to ensure patients have access to safe, seamless, and high-quality experiences no matter where they are in the world.”

    Daryl Trawick, President and CEO of Trawick International, commented, “Gianni’s appointment to GHA’s Board of Advisors underscores the impact of his leadership in strengthening international provider networks and expanding access to quality care. His involvement reinforces Trawick’s commitment to supporting the evolving needs of patients worldwide.”

    The GHA’s Board of Advisors plays a critical role in guiding the development of new services and tools for the global healthcare market. Focus areas include establishing benchmarks for medical travel, addressing global insurance and telehealth challenges, improving accreditation methods, and identifying best practices in international care delivery.

    Stephano added, “At GHA, our mission is to improve healthcare experiences for patients across borders, and Mr. De Min’s expertise aligns perfectly with that vision. His leadership in international insurance and healthcare networks will help us navigate complex global challenges and drive forward solutions that ensure seamless, high-quality care for traveling patients.”

    About Global Healthcare Accreditation (GHA)

     GHA is more than an accreditation body—it is a strategic partner committed to enhancing patient experiences and global healthcare practices. Its expertise is drawn from leading accreditation agencies, healthcare pioneers, and top-tier medical travel industry executives, ensuring tailored solutions for governments, healthcare providers, and other industry stakeholders worldwide.

    With a mission to elevate healthcare standards globally, GHA bridges gaps in medical travel, healthcare services, hospitality, and wellness—fostering excellence and trust in every patient journey. Its impact is seen in increased patient volumes, higher satisfaction scores, and the overall enhancement of an organization’s business strategy.

    About Trawick International
    For more than 25 years, Trawick International has been a leading provider of international insurance, administration, and assistance services. The company offers a portfolio of innovative products, including travel, student, and international health, life, and disability insurance. Trawick International supports the needs of today’s globally mobile population with a commitment to service, flexibility, and protection. To learn more, visit trawickholdings.com.

    Media Contact
    Melissa Nicholson
    Director, Corporate Communications
    Trawick International
    Melissa.Nicholson@trawickinternational.com

    The MIL Network

  • MIL-OSI: FloQast Names Sri Ramalingam as Chief Technology Officer to Further Drive AI Innovation in Accounting

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 24, 2025 (GLOBE NEWSWIRE) — FloQast, an Accounting Transformation Platform created by accountants for accountants, today announced the appointment of Sri Ramalingam as its new Chief Technology Officer (CTO). Ramalingam, a veteran engineering executive with deep expertise in scaling transformative software platforms, will lead FloQast’s technology strategy and innovation efforts, with a focus on advancing the company’s AI-powered automation capabilities—including the recently launched FloQast AI Agents. His appointment underscores FloQast’s ongoing commitment to serving complex, enterprise-scale finance teams, building on the company’s track record of supporting large global organizations with scalable, secure, and intelligent automation solutions. It also ensures the platform continues to meet the evolving needs of these teams while supporting the growth and agility required by fast-scaling organizations.

    Ramalingam’s appointment comes at a pivotal time, with FloQast continuing to redefine how accounting and finance teams leverage AI to automate complex, recurring workflows using natural language rather than extensive code. FloQast Transform, the first auditable AI solution of its kind, empowers accountants to easily use, and even custom-create their own AI Agents, ensuring workflows are purpose-built and tailored to accountants’ unique ways of working and organizational goals.

    “Sri’s track record of building and scaling world-class engineering teams makes him the perfect person to take FloQast’s AI and automation capabilities to the next level,” said Chris Sluty, CPA*, Co-founder and Chief Product Officer of FloQast. “With FloQast AI Agents, we’ve already set a new standard for what’s possible in accounting automation, and Sri’s leadership will be instrumental as we evolve our platform to support enterprise-scale performance, reliability, and customization. Under Sri’s leadership, we’ll push even further to deliver innovations that propel the industry forward and empower accountants to focus on strategic initiatives while AI handles repetitive, time-consuming tasks.”

    Ramalingam brings over two decades of engineering leadership experience, most recently serving as SVP of Engineering at Harness, where he led global teams in reimagining the software delivery lifecycle with a focus on security, efficiency, and resilience. Prior to Harness, he was VP of Engineering at Zoom Video Communications, where he played a key role in scaling Zoom’s core platform from its early days through its IPO and global expansion. His background also includes leadership and executive roles at Cisco, Plantronics, and Saba, as well as co-founding a mobile video startup, StreamJive Networks.

    “FloQast is at the forefront of AI innovation in accounting, and I couldn’t be more excited to join this team,” said Sri Ramalingam. “The launch of FloQast AI Agents is just the beginning as there is still so much potential to transform how finance professionals work by embedding intelligent automation into every aspect of their workflows. I look forward to accelerating FloQast’s engineering vision and delivering even more groundbreaking solutions that help accountants work smarter, not harder.”

    *Inactive

    About FloQast

    FloQast, an Accounting Transformation Platform created by accountants for accountants, enables organizations to automate a variety of accounting operations. Trusted by more than 3,000 global accounting teams – including Twilio, Los Angeles Lakers, and Zoom – FloQast enhances the way accounting teams work, enabling customers to automate close management, account reconciliations, accounting operations, and compliance activities. With FloQast, teams can utilize the latest advancements in AI technology to manage aspects of the close, reduce their compliance burden, stay audit-ready, and improve accuracy, visibility, and collaboration overall. FloQast is consistently rated #1 across all user review sites. Learn more at FloQast.com.

    Contacts:
    John Siegel
    Senior Content Marketing Manager
    john.siegel@FloQast.com

    The MIL Network

  • MIL-OSI: FloQast Names Sri Ramalingam as Chief Technology Officer to Further Drive AI Innovation in Accounting

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 24, 2025 (GLOBE NEWSWIRE) — FloQast, an Accounting Transformation Platform created by accountants for accountants, today announced the appointment of Sri Ramalingam as its new Chief Technology Officer (CTO). Ramalingam, a veteran engineering executive with deep expertise in scaling transformative software platforms, will lead FloQast’s technology strategy and innovation efforts, with a focus on advancing the company’s AI-powered automation capabilities—including the recently launched FloQast AI Agents. His appointment underscores FloQast’s ongoing commitment to serving complex, enterprise-scale finance teams, building on the company’s track record of supporting large global organizations with scalable, secure, and intelligent automation solutions. It also ensures the platform continues to meet the evolving needs of these teams while supporting the growth and agility required by fast-scaling organizations.

    Ramalingam’s appointment comes at a pivotal time, with FloQast continuing to redefine how accounting and finance teams leverage AI to automate complex, recurring workflows using natural language rather than extensive code. FloQast Transform, the first auditable AI solution of its kind, empowers accountants to easily use, and even custom-create their own AI Agents, ensuring workflows are purpose-built and tailored to accountants’ unique ways of working and organizational goals.

    “Sri’s track record of building and scaling world-class engineering teams makes him the perfect person to take FloQast’s AI and automation capabilities to the next level,” said Chris Sluty, CPA*, Co-founder and Chief Product Officer of FloQast. “With FloQast AI Agents, we’ve already set a new standard for what’s possible in accounting automation, and Sri’s leadership will be instrumental as we evolve our platform to support enterprise-scale performance, reliability, and customization. Under Sri’s leadership, we’ll push even further to deliver innovations that propel the industry forward and empower accountants to focus on strategic initiatives while AI handles repetitive, time-consuming tasks.”

    Ramalingam brings over two decades of engineering leadership experience, most recently serving as SVP of Engineering at Harness, where he led global teams in reimagining the software delivery lifecycle with a focus on security, efficiency, and resilience. Prior to Harness, he was VP of Engineering at Zoom Video Communications, where he played a key role in scaling Zoom’s core platform from its early days through its IPO and global expansion. His background also includes leadership and executive roles at Cisco, Plantronics, and Saba, as well as co-founding a mobile video startup, StreamJive Networks.

    “FloQast is at the forefront of AI innovation in accounting, and I couldn’t be more excited to join this team,” said Sri Ramalingam. “The launch of FloQast AI Agents is just the beginning as there is still so much potential to transform how finance professionals work by embedding intelligent automation into every aspect of their workflows. I look forward to accelerating FloQast’s engineering vision and delivering even more groundbreaking solutions that help accountants work smarter, not harder.”

    *Inactive

    About FloQast

    FloQast, an Accounting Transformation Platform created by accountants for accountants, enables organizations to automate a variety of accounting operations. Trusted by more than 3,000 global accounting teams – including Twilio, Los Angeles Lakers, and Zoom – FloQast enhances the way accounting teams work, enabling customers to automate close management, account reconciliations, accounting operations, and compliance activities. With FloQast, teams can utilize the latest advancements in AI technology to manage aspects of the close, reduce their compliance burden, stay audit-ready, and improve accuracy, visibility, and collaboration overall. FloQast is consistently rated #1 across all user review sites. Learn more at FloQast.com.

    Contacts:
    John Siegel
    Senior Content Marketing Manager
    john.siegel@FloQast.com

    The MIL Network

  • MIL-OSI: ZeroFox Team Recognized for Excellence and High Performance with Multiple Comparably Awards

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON, June 24, 2025 (GLOBE NEWSWIRE) — ZeroFox, the leader in digital risk protection, announced today that the company has received multiple 2025 Comparably Awards. ZeroFox earned a spot on the Best Leadership Teams list, ranking among the top 35 in large companies. Executive leadership was recognized for fostering a culture of transparency, collaboration and growth, encouraging employees to focus on innovation and professional development.

    ZeroFox was also named to Comparably’s lists for Best Engineering Teams, ranking among the top 25, and Best Sales Teams, ranking among the top 50. These categories recognize companies that go above and beyond to support, empower, and invest in their most strategic teams. At ZeroFox, sales and engineering hold a unique and critical role. As the cyber threat landscape evolves, sales teams communicate customer needs and market demands that serve as the catalyst for how the engineering team drives development of the ZeroFox threat protection platform. ZeroFox’s focus on customer satisfaction and cybersecurity innovation has earned the company further recognition by G2, the Globee Cybersecurity Awards, and Frost & Sullivan for Digital Risk Protection.

    “Great leadership starts with trust, transparency, and shared purpose, and I’m proud to work alongside leaders, engineers, and sales professionals who show up every day to build something bigger than themselves,” said David Muse, CEO of ZeroFox. “These awards reflect our culture, drive, and mission, recognizing our team’s commitment to protecting what matters most to the world’s most targeted organizations.”

    Comparably Awards are based on employee feedback submitted anonymously over 12-months, covering 20 key culture metrics. Leadership at ZeroFox received an A+ grade, placing it in the top 5% of similarly sized companies. Employees praised team collaboration, describing the work environment as positive and comfortably fast paced, while also reporting satisfaction in pay and benefits. Most notably, the majority of employees communicated a strong outlook for the future, a sense of purpose in their work, and excitement about coming to work each day. With a team of over 800 strong across 10 countries, these awards reinforce the company’s position as a top destination for talent across the industry.

    ZeroFox continues to grow its executive team, bringing on key leaders over the course of the last year, including the appointment of Muse last May, and heads of customer success and product business units.

    For more information about careers at ZeroFox, visit https://www.zerofox.com/careers/.

    About ZeroFox
    ZeroFox, an enterprise software-as-a-service leader in digital risk protection, has redefined security outside the corporate perimeter on the internet, where businesses operate, and threat actors thrive. The ZeroFox platform combines advanced AI analytics, digital risk and privacy protection, full-spectrum threat intelligence, and a robust portfolio of breach, incident and takedown response capabilities to expose and disrupt phishing and fraud campaigns, botnet exposures, credential theft, impersonations, data breaches, and physical threats that target your brands, domains, people, and assets. Join thousands of customers, including some of the largest public sector organizations as well as finance, media, technology and retail companies to stay ahead of adversaries and address the entire lifecycle of external cyber risks. ZeroFox and the ZeroFox logo are trademarks or registered trademarks of ZeroFox, Inc. and/or its affiliates in the U.S. and other countries. Visit www.zerofox.com for more information.

    Media Inquiries
    Sara Jacono
    LaunchTech Communications for ZeroFox
    press@zerofox.com

    The MIL Network

  • MIL-OSI: Q1 update for the three months ended 30 April 2025

    Source: GlobeNewswire (MIL-OSI)

    ICG Enterprise Trust plc

    24 June 2025

    Q1 update for the three months ended 30 April 2025

         
         
         
     

    Highlights

    • NAV per Share of 2,011p; LTM NAV per Share Total Return of 6.3% (5 year annualised: 14.8%)
    • Q1 Portfolio Return on a Local Currency Basis of 0.6%, offset by FX, resulting in Portfolio Return on a Sterling Basis of (2.4)% and NAV per Share Total Return of (2.6)%
    • Total Proceeds of £149m, including £62m net proceeds from the sale of a portion of our Portfolio at a 5.5% discount and £48m from sale of Minimax (previously our largest portfolio company holding)1; Total New Investments of £48m
    • £9m of buybacks during the quarter, adding 0.4% (8.4p) to NAV per Share Total Return
    • Robust balance sheet: low gearing ratio (3%); €300m revolving credit facility extended to May 2029
    • Q1 dividend of 9p per share; Board intends to pay total dividends of at least 38p per share for FY26 (FY25: 36p)
    • Secondaries are offering some compelling investment opportunities

    1 As announced in April 2025, and includes £3m of further Minimax proceeds received in late April 2025

     
      PERFORMANCE OVERVIEW      
            Annualised
      Performance to 30 April 2025 3 months 1 year 3 years 5 years 10 years
      Portfolio Return on a Local Currency Basis 0.6% 10.3% 8.4% 17.8% 15.1%
      NAV per Share Total Return (2.6)% 6.3% 6.3% 14.8% 13.4%
      Share Price Total Return (12.5)% (0.9)% 4.4% 12.6% 10.3%
      FTSE All-Share Index Total Return (1.2)% 7.5% 7.0% 10.9% 5.8%
      Portfolio activity overview for Q1 FY26 Primary Direct Secondary Total ICG-managed
      Portfolio Return on a Local Currency Basis 0.3% 1.5% (0.2)% 0.6% 1.4%
      Portfolio Return in Sterling (2.1)% (2.0)% (4.3)% (2.4)% (1.6)%
      New Investments £25m £14m £8m £48m £28m
      Proceeds £98m £36m £15m £149m £66m
      New fund Commitments £76m £—m £—m £76m £21m
      Closing Portfolio value £699m £475m £211m £1,386m £389m
      % Total Portfolio 50% 34% 15% 100% 28%

    ENQUIRIES

    Institutional investors and analysts:         Martin Li, Shareholder Relations                        +44 (0) 20 3545 1816
    Nathan Brown, Deutsche Numis                        +44 (0) 20 7260 1426
    David Harris, Cadarn Capital                        +44 (0) 20 7019 9042
    Media:                                        Clare Glynn, Corporate Communications, ICG        +44 (0) 20 3545 1850

    COMPANY TIMETABLE

    A presentation for investors and analysts will be held at 10:30 BST tomorrow (Wednesday 25 June 2025). A link for the presentation can be found on the Results & Reports page of the Company website. A recording of the presentation will be made available on the Company website after the event.

      FY26 First Interim Dividend
    Ex-dividend date 14 August 2025
    Record date 15 August 2025
    Dividend payment date 29 August 2025

    ABOUT ICG ENTERPRISE TRUST

    ICG Enterprise Trust is a leading listed private equity investor focused on creating long-term growth by delivering consistently strong returns through selectively investing in profitable, cash-generative private companies, primarily in Europe and the US.

    We invest in companies directly as well as through funds managed by Intermediate Capital Group plc (“ICG”) and other leading managers who focus on creating long-term value and building sustainable growth through active management and strategic change.

    ICG Alternative Investment Limited, a regulated subsidiary of ICG, acts as the Manager of the Company.

    NOTES
    Included in this document are Alternative Performance Measures (“APMs”). APMs have been used if considered by the Board and the Manager to be the most relevant basis for shareholders in assessing the overall performance of the Company, and for comparing the performance of the Company to its peers and its previously reported results.

    All performance figures are stated on a Total Return basis (i.e. including the effect of re-invested dividends).

    DISCLAIMER
    The information contained herein and on the pages that follow does not constitute an offer to sell, or the solicitation of an offer to acquire or subscribe for, any securities in any jurisdiction where such an offer or solicitation is unlawful or would impose any unfulfilled registration, qualification, publication or approval requirements on ICG Enterprise Trust PLC (the “Company”) or its affiliates or agents. Equity securities in the Company have not been and will not be registered under the applicable securities laws of the United States, Australia, Canada, Japan or South Africa (each an “Excluded Jurisdiction”). The equity securities in the Company referred to herein and on the pages that follow may not be offered or sold within an Excluded Jurisdiction, or to any U.S. person (“U.S. Person”) as defined in Regulation S under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or to any national, resident or citizen of an Excluded Jurisdiction.

    The information on the pages that follow may contain forward looking statements. Any statement other than a statement of historical fact is a forward looking statement. Actual results may differ materially from those expressed or implied by any forward looking statement. The Company does not undertake any obligation to update or revise any forward looking statements. You should not place undue reliance on any forward looking statement, which speaks only as of the date of its issuance.

    MANAGER’S REVIEW

    Our investment strategy

    Within developed markets, we focus on investing in buyouts of profitable, cash-generative businesses that exhibit resilient growth characteristics, which we believe will generate long-term compounding returns across economic cycles.

    We take an active approach to portfolio construction, with a flexible mandate that enables us to deploy capital in Primary, Direct and Secondary investments. Geographically we focus on the developed markets of North America and Europe, including the UK, which have deep and mature private equity markets supported by a robust corporate governance framework.

    Investments managed by ICG accounted for 28% of the Portfolio.

      Medium-term target Five-year average Q1 FY26
    1. Target Portfolio composition 1      
    Investment category      
    Primary ~50% 56% 51%
    Direct ~25% 29% 34%
    Secondary ~25% 15% 15%
    Geography      
    North America ~50% 43% 45%
    Europe (inc. UK) ~50% 50% 49%
    Other 7% 7%
    1 As percentage of Portfolio  

    Performance overview

    • At 30 April 2025, the Portfolio was valued at £1,386m. The Portfolio Return on a Local Currency Basis for the quarter was 0.6%, and in Sterling terms was (2.4)%
    • ICG Enterprise Trust generated a NAV per Share Total Return of (2.6)% during the quarter, ending the period with a NAV per Share of 2,011p
    • Over the last five years ICG Enterprise Trust has generated an annualised NAV per Share Total Return of 14.8%
    Movement in the Portfolio
    £m
    3 months to 30 April 2025
    Opening Portfolio1 £1,523m
    Total New Investments £48m
    Total Proceeds £(149)m
    Portfolio net cashflow £(101)m
    Valuation movement2 £9m
    Currency movement £(45)m
    Closing Portfolio £1,386m
    1 Refer to the Glossary
    2 86% of the Portfolio is valued using 31 March 2025 (or later) valuations.
     
    NAV per Share Total Return 3 months to 30 April 2025
    % Portfolio growth (local currency) 0.6%
    % currency movement (3.0)%
    % Portfolio growth (Sterling) (2.4)%
    Impact of gearing 0.1%
    Finance costs and other expenses (0.4)%
    Management fee (0.3)%
    Co-investment Incentive Scheme Accrual movement 0.1%
    Impact of share buybacks 0.4%
    NAV per Share Total Return (2.6)%

    Quoted company exposure

    • We do not actively invest in publicly quoted companies but gain listed investment exposure when IPOs are used as a route to exit an investment. In these cases, exit timing typically lies with the manager with whom we have invested
    • At 30 April 2025, ICG Enterprise Trust’s exposure to quoted companies was valued at £62.9m, equivalent to 4.5% of the Portfolio value (31 January 2025: 4.8%). There was one quoted investment that individually accounted for 0.5% or more of the Portfolio value:
    Company Ticker 30 April 2025
    % of Portfolio value
    Chewy CHWY-US 1.8%
    Other companies   2.7%
    Total   4.5%

    Realisation activity

    • Total Proceeds of £149m during the quarter, including £62m net proceeds from a sale of a portion of our Portfolio (see RNS here). The sale was executed at a discount of 5.5% to 30 September 2024 valuation and realised a 1.6x return on invested cost (15% IRR)
    • £48m (€57m) cash proceeds from realisation of Minimax, our largest portfolio company. ICG Enterprise Trust is reinvesting €10m alongside Management and other investors including certain ICG funds
    • 45 Full Exits completed LTM, at a weighted average Uplift to Carrying Value of 15% and a 3.0x Multiple to Cost

    New investment activity

    • Total New Investments of £48m during the quarter, of which 58% (£28m) was alongside funds managed by ICG
    • The split of Total New Investments was split by category as follows:
    Investment Category

    Cost (£m)

    % of New Investments
    Primary £25m 52%
    Direct £15m 30%
    Secondary £8m 18%
    Total £48m 100%

    Commitments

    • We made five new fund Commitments totalling £76.0m during the quarter:
    Fund Manager Commitment during the period
        Local currency £m
    Integrum II Integrum $15.0m £11.6m
    GHO Capital IV GHO €15.0m £12.4m
    Hg Saturn IV Hg $20.0m £15.4m
    TH Lee X THL $20.0m £15.9m
    ICG Europe IX ICG €25.0m £20.7m
    • At 30 April 2025 we had total Undrawn Commitments of £375m to funds in their investment period and a further £163m to funds outside their investment period

    Balance sheet and liquidity

    • Total available liquidity at 30 April 2025 was £201.5m (31 January 2025: £124.6m)
      £m
    Cash at 31 January 2025 3.9
    Total Proceeds 148.7
    New investments (47.7)
    Debt drawn down (79.6)
    Shareholder returns (14.5)
    Management fees (4.2)
    Co-investment Incentive Scheme distribution (0.5)
    FX and other income/(expenses) 1.4
    Cash at 30 April 2025 7.5
    Available undrawn debt facilities 193.9
    Total available liquidity 201.5
    • The cash balance was £7.5m (31 January 2025: £3.9m) and drawn debt was £52.3m (31 January 2025: £131.9m). As a result, we had net debt of £44.8m (31 January 2025: £128.0m)
    • Maturity of our €300m revolving credit facility extended to 29 May 2029. All other key terms remain the same as per December 2024 RNS (available here)
    • At 30 April 2025, the Portfolio represented 104.2% of net assets (31 January 2025: 114.3%)
      £m % of net assets
    Portfolio 1,385.9 104.2%
    Cash 7.5 0.6%
    Drawn debt (52.3) (3.9)%
    Co-investment Incentive Scheme Accrual (52.1) 0.2%
    Other net current liabilities (10.9) (1.0)%
    Net assets 1,278.0 100.0%

    Dividend and share buyback

    • Progressive dividend policy maintained: first quarter dividend of 9p per share (Q1 FY25: 8.5p)
    • It is the Board’s current intention to declare total dividends of at least 38p per share for FY26 (FY25: 36p)
    • The following purchases have been made under the Company’s share buyback programme:
      Long-term Opportunistic Total
      Q1 FY263 Since inception1 Q1 FY263 Since inception2 Q1 FY263 Since
    inception
    Number of shares purchased 245,000 2,997,688 473,000 1,965,175 718,000 4,962,863
    % of opening shares since buyback started           7.2%
    Capital returned to shareholders £3.1m £35.7m £5.8m £24.1m £8.9m £59.8m
    Number of days shares have been acquired 21 204 7 18 28 222
    Weighted average discount to last reported NAV 36.3% 38.3% 38.7% 36.8% 37.9% 37.6%
    NAV per Share accretion (p)         8.4 57.8
    NAV per Share accretion (% of NAV)         0.4% 3.0%

    1.Since October 2022 (which was when the long-term share buyback programme was launched) up to and including 30 April 2025.
    2. Since May 2024 (which was when the opportunistic buyback programme was launched) up to and including 30 April 2025.
    3. Based on company-issued announcements / date of purchase, rather than date of settlement.
    Note: aggregate consideration excludes commission, PTM and SDRT.

    Activity since the period end

    Notable activity between 1 May 2025 and 31 May 2025 includes Realisation Proceeds of £1.5m and Total New Investments of £10.9m.

    ICG Private Equity Fund Investments Team
    24 June 2025

    The MIL Network

  • MIL-OSI: Wrap Technologies Announces Appointment of Gerald “Jerry” Ratigan as Chief Financial Officer

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, June 24, 2025 (GLOBE NEWSWIRE) — Wrap Technologies, Inc. (NASDAQ: WRAP) (“Wrap” or, the “Company”), a global pioneer in innovative public safety technologies and services, today announced the appointment of Gerald “Jerry” Ratigan, seasoned finance executive, as the Company’s new Chief Financial Officer.

    Mr. Ratigan brings over 20 years of experience leading financial strategy across public companies, capital markets, investment banking and performance-focused advisory roles. Mr. Ratigan’s background includes extensive work in both international and domestic publicly traded environments, where Mr. Ratigan has consistently driven financial modernization and organizational agility.

    Mr. Ratigan has demonstrated exceptional ability in scaling finance operations, transforming reporting ecosystems and guiding companies through pivotal milestones—including M&A transactions and enterprise-wide digital transformations.

    Mr. Ratigan’s diverse career spans Big Four public accounting, Fortune 500 audit leadership, and C-suite roles in high-growth sectors such as gaming, fintech, travel and entertainment. Most recently, Mr. Ratigan served as the Senior Vice President of Accounting and Controls—and later as Acting Chief Financial Officer—at The Gearbox Entertainment Company. In this role, Mr. Ratigan led financial operations through a critical phase that culminated in a successful acquisition by Take-Two Interactive.

    Mr. Ratigan’s leadership encompassed building the finance function from the ground up, post-merger integration, ERP implementation, ESG reporting and consolidating multi-entity operations across geographies and currencies.

    Prior to Gearbox, Mr. Ratigan served as Senior Director of Accounting and Financial Reporting at Entertainment Benefits Group (a Creative Artists Agency company), where Mr. Ratigan managed global accounting and audit operations. Mr. Ratigan also held Chief Accounting Officer and Chief Audit Executive roles at MoneyOnMobile, Inc. (MOMT), where Mr. Ratigan led public filings, investor communications and SEC compliance—supporting uplisting efforts and complex carve-outs related to divestitures.

    Earlier in Mr. Ratigan’s career, Mr. Ratigan served as Director of SEC Financial Reporting at Prestige Cruise Holdings (acquired by Norwegian Cruise Line), overseeing public filings, XBRL tagging and IPO readiness. At Cooper Industries (later acquired by Eaton), Mr. Ratigan led internal audit efforts, implementing global audit strategies and streamlining post-acquisition integration.

    Mr. Ratigan began his career at KPMG and Grant Thornton, quickly distinguishing with international assignments and national training roles. Mr. Ratigan’s global experience spans work in the U.S., Mexico, China, the U.K., India, Germany, Australia, Bahrain, Thailand and Sweden.

    An advocate for ethics, compliance, and professional development, Mr. Ratigan currently serves on the Global Board of Directors for the Institute of Management Accountants (IMA), contributes to COSO’s new corporate governance framework, and sits on the Global Advisory Board of The CFO Alliance, offering insight on capital markets and economic trends.

    Mr. Ratigan holds a Bachelor of Business Administration in Accounting and Finance from the University of Miami and an MBA in Data Analytics from Louisiana State University–Shreveport. Mr. Ratigan is a Certified Public Accountant (CPA) in Texas, a Certified Management Accountant (CMA), and holds credentials in Strategy and Competitive Analysis (CSCA) and Production and Inventory Management (CPIM).

    “Across every role, Jerry has brought a distinctive blend of technical excellence, operational leadership and strategic vision. His work has consistently aligned financial operations with long-term value creation, enabled agility in complex environments, and driven measurable outcomes that build stockholder confidence and enterprise growth. We believe Jerry’s operational experience in capital markets and public accounting make him the right choice to align Wrap’s financial operations with its long-term strategy,” said Scot Cohen, Chief Executive Officer of Wrap.

    “This appointment emphasizes Wrap’s readiness for accelerating adoption and growing market interest. We believe Jerry’s leadership will help drive product scale, ensure accountability, and position Wrap to maximize the commercial opportunities of its expanding portfolio,” said Jared Novick, President and Chief Operating Officer of Wrap.

    “I am both honored and inspired to join Wrap at this defining moment,” said Mr. Ratigan. “The Company is delivering powerful solutions at the intersection of technology, public safety and compassion. I look forward to contributing to our mission while advancing a disciplined financial strategy that strengthens our foundation and creates sustainable stockholder value.”

    Louis Springer Elevated to Vice President of Finance to Support Financial Operational Scale

    Louis Springer’s promotion from Corporate Development to Vice President of Finance reflects both Wrap’s deep bench of internal talent and its disciplined focus on scaling operations with continuity and precision. Over the past 18 months, Mr. Springer played a central role in enacting the operational elements of Wrap’s cost-cutting initiatives and supporting broader organizational change. We believe his background in financial services, investment banking, and public company capital markets further strengthens Wrap’s ability to align day-to-day financial operations with long-term stockholder value creation.

    “Louis Springer has proven himself over the years with Wrap,” said Chief Executive Officer of Wrap, Mr. Cohen. “He’s earned his spot as Vice President of Finance and will continue to anchor our fiscal strategy under Mr. Ratigan’s leadership—bringing both stability and forward momentum that we believe benefits all stakeholders.”

    About Wrap Technologies, Inc.

    Wrap Technologies, Inc. (Nasdaq: WRAP) a global leader in innovative public safety technologies and non-lethal tools, delivering cutting-edge technology with exceptional people to address the complex, modern day challenges facing public safety organizations.

    Wrap’s BolaWrap® 150 solution leads the world in pre-escalation and beyond, providing law enforcement with a safer choice for nearly every phase of a critical incident.

    This innovative, patented device deploys a multi-sensory, cognitive disruption that leverages sight, sound and sensation to expand the pre-escalation period and give officers the advantage and critical time to manage non-compliant subjects before resorting to higher-force options. The BolaWrap® 150 is a not pain-based- compliance. It does not shoot, strike, shock, or incapacitate—instead, it helps officers strategically operate pre-escalation on the force continuum, reducing the risk of injury to both officers and subjects. Used by over 1,000 agencies across the U.S. and in 60 countries, BolaWrap® is backed by training certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST), reinforcing Wrap’s commitment to public safety through cutting-edge technology and expert training.

    Wrap Reality® VR is a fully immersive training simulator to enhance decision-making under pressure.

    As a comprehensive public safety training platform, it provides first responders with realistic, interactive scenarios that reflect the evolving challenges of modern law enforcement. By offering a growing library of real-world situations, Wrap Reality® equips officers with the skills and confidence to navigate high stakes encounters effectively, leading to safer outcomes for both responders and the communities they serve.

    WrapVision is an all-new body-worn camera and evidence management system built for efficiency.

    Designed for efficiency, security, and transparency to meet the rigorous demands of modern law enforcement, WrapVision captures, stores and helps manage digital evidence, with operational security, regulatory compliance and superior video picture quality and field of view.

    The WrapVision camera, powered by IONODES boasts cloud integration and adheres to Trade Agreements Act (TAA) compliance requirements and GSA schedule contracts requirements. Crucially, unlike many competitor devices manufactured overseas in foreign, non-compliant, and possibly hostile regions, WrapVision is built in North America, promoting unparalleled data integrity and reducing critical concerns over unauthorized access or foreign surveillance risks.

    Trademark Information

    Trademark Information Wrap, the Wrap logo, BolaWrap®, Wrap Reality® and Wrap Training Academy are trademarks of Wrap Technologies, Inc., some of which are registered in the U.S. and abroad. All other trade names used herein are either trademarks or registered trademarks of the respective holders.

    Cautionary Note on Forward-Looking Statements – Safe Harbor Statement

    This release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Words such as “expect,” “anticipate,” “should”, “believe”, “target”, “project”, “goals”, “estimate”, “potential”, “predict”, “may”, “will”, “could”, “intend”, and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Moreover, forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control. The Company’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the Company’s expectations related to the appointment of the new Chief Financial Officer, the expected benefits of the acquisition of W1 Global, LLC, the Company’s ability to maintain compliance with the Nasdaq Capital Market’s listing standards; the Company’s ability to successfully implement training programs for the use of its products; the Company’s ability to manufacture and produce products for its customers; the Company’s ability to develop sales for its products; the market acceptance of existing and future products; the availability of funding to continue to finance operations; the complexity, expense and time associated with sales to law enforcement and government entities; the lengthy evaluation and sales cycle for the Company’s product solutions; product defects; litigation risks from alleged product-related injuries; risks of government regulations; the business impact of health crises or outbreaks of disease, such as epidemics or pandemics; the impact resulting from geopolitical conflicts and any resulting sanctions; the ability to obtain export licenses for counties outside of the United States; the ability to obtain patents and defend intellectual property against competitors; the impact of competitive products and solutions; and the Company’s ability to maintain and enhance its brand, as well as other risk factors mentioned in the Company’s most recent annual report on Form 10-K, subsequent quarterly reports on Form 10-Q, and other Securities and Exchange Commission filings. These forward-looking statements are made as of the date of this release and were based on current expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management. Except as required by law, the Company 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.

    Investor Relations Contact:
    (800) 583-2652
     ir@wrap.com

    The MIL Network

  • MIL-OSI: Form 8.3 – [ALPHA GROUP INTERNATIONAL PLC – 23 06 2025] – (CGAML)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY ASSET MANAGEMENT LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
    N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    ALPHA GROUP INTERNATIONAL PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    23 JUNE 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 0.2p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 1,358,812 3.2120    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 1,358,812 3.2120    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    0.2p ORDINARY SALE 5,000 2915.15p
    0.2p ORDINARY SALE 5,000 2935.5p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option
    Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 24 JUNE 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI: Mplify Emerges as New Brand for MEF, Reflects Bold Vision for the AI-Driven Digital Economy

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 24, 2025 (GLOBE NEWSWIRE) — MEF, a global industry association accelerating enterprise digital transformation, today announced it has rebranded as Mplify Alliance, marking the start of a new era defined by scale, openness, and collective impact. The new name reflects the organization’s evolution into a global alliance of enterprises, service providers, cloud providers, data center operators, technology providers, and systems integrators. United by a shared purpose to connect and empower the world, Mplify’s mission is to amplify global network and service innovation, interoperability, and resilience through collaboration, standardization, and certification.

    Why the Change

    The transition to Mplify aligns the organization’s identity with its growing role and the expanding diversity of its community. As the market shifts toward cloud-like service consumption, intelligent automation, and AI-optimized networking, Mplify provides a clear, more modern expression of the alliance’s mission and value.

    The rebrand was guided by three strategic goals:

    • Expand the organization’s identity beyond telecom to include enterprises, service providers, cloud providers, technology providers, data centers, and systems integrators.
    • Clarify its purpose: enabling secure, automated, standards-based service delivery.
    • To modernize its voice to attract new contributors and reflect where the market is heading.

    The name Mplify encapsulates the organization’s role in amplifying collaboration, scaling adoption, and driving shared innovation. This evolution reflects both the organization’s legacy and its forward-looking mission.

    “Mplify is built on everything that made MEF successful and designed for what the future demands,” said Nan Chen, CEO of Mplify. “In cybersecurity especially, the industry has long been opaque, with every provider claiming to be secure but offering no shared definition or proof. Through standardization and certification, we’re introducing trust and transparency into a space that badly needs both. Mplify gives us the platform and momentum to bring the ecosystem together, educate the market, and define what secure, automated, AI-powered services should look like.”

    What’s Changing and What’s Not

    While the name and identity are new, Mplify builds on more than two decades of leadership as MEF. The organization remains rooted in the same mission: advancing standardized, secure, and automated services through collaboration and certification.

    Mplify continues the foundational work that positioned MEF a defining force in standardizing Carrier Ethernet (CE) with MEF 3.0 CE certified services, and they remain the gold-standard for high-performance, standardized, and increasingly on-demand connectivity, support AI requirements and other advanced use cases.

    The organization is driving industry-wide automation with Lifecycle Service Orchestration (LSO) APIs and launching the only certification program for Secure Access Service Edge (SASE) solutions. These pillars remain central as Mplify extends its global reach.

    All existing programs, memberships, and initiatives continue under the Mplify brand. Members can expect the same trusted community and technical rigor now with a modern voice, more accessible identity, and expanded opportunities for innovation.

    The rebrand comes at a time when cross-industry collaboration and trusted frameworks are more critical than ever.

    “The name Mplify captures the momentum the alliance is seeing across the global network ecosystem,” said Debika Bhattacharya, Mplify Board Chair and Chief Technology Solutions Officer of Verizon Business Group. “This evolution isn’t just about a new name — it’s about creating a more open, inclusive, and action-oriented alliance that brings the entire ecosystem together to define the future of connectivity. AI, automation, and cybersecurity are transforming how services are delivered, and Mplify offers a stronger foundation from which to drive that change.”

    NaaS: The Road Ahead

    Mplify’s rebrand signals a strategic shift toward enabling Network-as-a-Service (NaaS) at global scale. Defined by standardized, automated, and certifiable service components, NaaS is the foundation for delivering secure, AI-optimized digital experiences across increasingly dynamic, distributed environments.

    As demand grows for programmable, on-demand, and multi-cloud services, Mplify is accelerating the frameworks and certifications that make NaaS real. From Lifecycle Service Orchestration (LSO) APIs to Secure Access Service Edge (SASE) certification, the alliance is focused on turning collaboration into scalable, production-ready capability.

    This evolution will be on display at the Global NaaS Event (GNE), 10-14 November, where production use cases, AI-powered automation, and new service models will take center stage.

    Learn More

    Visit https://www.mplify.net/ and follow us on LinkedIn, Bluesky, and YouTube.

    For details on the Global NaaS Event (GNE), the premier gathering of industry leaders advancing the future of NaaS, visit http://GNE.Mplify.net.

    About Mplify

    Mplify is a global alliance of network, cloud, cybersecurity, and enterprise organizations working together to accelerate the AI-powered digital economy through standardization, automation, certification, and collaboration. As the defining authority behind Carrier Ethernet, Lifecycle Service Orchestration (LSO) APIs, and certified SASE and SD-WAN, Mplify has developed the global blueprint for Network-as-a-Service (NaaS) that is empowering the industry to innovate, interoperate, and scale trusted network services across a global ecosystem.

    Media Contact:
    Melissa Power
    Mplify
    pr@mplify.net

    The MIL Network

  • MIL-OSI Global: Semen allergies may be suprisingly common – here’s what you need to know

    Source: The Conversation – UK – By Michael Carroll, Reader / Associate Professor in Reproductive Science, Manchester Metropolitan University

    Yuriy Maksymiv/Shutterstock

    Imagine itching, burning, swelling, or even struggling to breathe just moments after sex. For a small but growing number of women, that’s not an awkward anecdote – it’s a medical condition. It’s called seminal plasma hypersensitivity (SPH) – an allergy to semen.

    This rare but underdiagnosed allergy isn’t triggered by sperm cells, but by proteins in the seminal plasma — the fluid that carries sperm. First documented in 1967, when a woman was hospitalised after a “violent allergic reaction” to sex, SPH is now recognised as a type 1 hypersensitivity, the same category as hay fever, peanut allergy and cat dander.

    Symptoms range from mild to severe. Some women experience local reactions: burning, itching, redness and swelling of the vulva or vagina. Others develop full-body symptoms: hives, wheezing, dizziness, runny nose and even anaphylaxis, a potentially life-threatening immune response.


    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.


    Until 1997, SPH was thought to affect fewer than 100 women globally. But a study led by allergist Jonathan Bernstein found that among women reporting postcoital symptoms, nearly 12% could be classified as having probable SPH.

    I conducted a small, unpublished survey in 2013 and found a similar 12% rate. The true figure may be higher still. Many cases go unreported, misdiagnosed, or dismissed as STIs, yeast infections, or general “sensitivity”. One revealing clue: symptoms disappear when condoms are used.

    A 2024 study reinforced this finding, suggesting that SPH is both more common and more commonly misdiagnosed than previously believed.

    The problem isn’t the sperm

    The main allergen appears to be prostate-specific antigen (PSA): a protein found in all seminal plasma, not just that of a particular partner. In other words, women can develop a reaction to any man’s semen, not just their regular partner’s.

    There’s also evidence of cross-reactivity. For example, Can f 5, a protein found in dog dander, is structurally similar to human PSA. So women allergic to dogs may find themselves reacting to semen too. In one unusual case, a woman with a Brazil nut allergy broke out in hives after sex, probably due to trace nut proteins in her partner’s semen.

    Diagnosis begins with a detailed sexual and medical history, often followed by skin prick testing with the partner’s semen or blood tests for PSA-specific antibodies (IgE).

    In my own research involving symptomatic women, we demonstrated that testing with washed spermatozoa, free from seminal plasma, can help confirm that the allergic trigger is not the sperm cells themselves, but proteins in the seminal fluid.

    And it’s not just women. It’s possible some men may be allergic to their own semen.

    This condition, known as post-orgasmic illness syndrome (POIS), causes flu-like symptoms, such as fatigue, brain fog and muscle aches, immediately after ejaculation. It’s believed to be an autoimmune or allergic reaction. Diagnosis is tricky, but skin testing with a man’s own semen can yield a positive reaction.

    What about fertility?

    Seminal plasma hypersensitivity doesn’t cause infertility directly, but it can complicate conception. Avoiding the allergen – usually the most effective treatment for allergies – isn’t feasible for couples trying to conceive.

    Treatments include prophylactic antihistamines (antihistamine medications taken in advance of anticipated exposure to an allergen, or before allergy symptoms are expected to appear to prevent or reduce the severity of allergic reactions), anti-inflammatories and desensitisation using diluted seminal plasma. In more severe cases, couples may choose IVF with washed sperm, bypassing the allergic trigger altogether.

    It’s important to note: SPH is not a form of infertility. Many women with SPH have conceived successfully – some naturally, others with medical support.

    So why don’t more people know about this?

    Because sex-related symptoms often go unspoken. Embarrassment, stigma and a lack of awareness among doctors mean that many women suffer in silence. In Bernstein’s 1997 study, almost half of the women who had symptoms after sex had never been checked for SPH, and many had spent years being misdiagnosed and getting the wrong treatment.

    If sex routinely leaves you itchy, sore or unwell – and condoms help – you might be allergic to semen.

    It’s time to bring this hidden condition out of the shadows and into the consultation room.

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

    ref. Semen allergies may be suprisingly common – here’s what you need to know – https://theconversation.com/semen-allergies-may-be-suprisingly-common-heres-what-you-need-to-know-259308

    MIL OSI – Global Reports

  • MIL-OSI Global: How aid cuts may be affecting humanitarian workers

    Source: The Conversation – UK – By Lucia Berdondini, Associate Professor in Psychology, University of East London

    Humanitarian work takes a profound emotional toll on workers. It places them at the frontline of global crises, at times witnessing the devastating impacts of war, famine, natural disasters, mass displacement and systemic injustice. Humanitarian workers have to cope with emotional exhaustion and burnout, with stress levels in some humanitarian settings comparable to those in combat zones.

    The emotional burden deepens when workers feel unable to live up to the very values that initially drew them to the sector. It can be emotionally painful for people to watch aid fail, or to carry out policies they believe are wrong.

    Psychologists refer to this distress as moral injury — a form of psychological, emotional and spiritual distress that arises when people perpetrate, witness or fail to prevent actions that violate their deeply held moral beliefs. Moral injury arises from guilt, shame, betrayal and anger. This is often directed at others and sometimes at oneself for participating in a harmful system.

    As governments cut foreign aid, this disillusionment is likely to worsen. In our 2023 study published in Displaced Voices, we interviewed aid workers across international organisations and charities working in Calais and Dunkirk.


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    Participants shared their experiences of working in environments where they feel they are no longer making a positive impact — or where they must conform to work within systems they perceive as failing those who need assistance. Recent aid cuts are likely to exacerbate these sentiments.

    In the UK, Keir Starmer announced aid would fall from 0.5% to 0.3% of gross national income by 2027 — the lowest level since 1999 — to fund increased defence spending.

    In the US, the Trump administration suspended over 90% of USAid contracts worth around US$60 billion (£44 billion) — halting support for HIV treatment, reproductive health and crisis response. These cuts represent significant structural blows to humanitarian infrastructure. From mass layoffs in Kenya to the sudden closure of programmes worldwide, the consequences have been immediate and demoralising.

    Funding cuts don’t just disrupt operations, they erode the mental and moral resilience of humanitarian workers. Without support for their wellbeing, the sector’s ethical and effective functioning is at risk. Yet research on humanitarian mental health, especially moral injury, remains limited.

    Aid worker distress

    Based on our experience researching the sector, we expect that recent aid cuts in the UK and US will deepen moral injuries among humanitarian workers.

    In an ongoing pilot study, we are examining how aid cuts impact the psychological wellbeing of humanitarian workers. We have analysed 15 publicly available sources (ten blogs and five podcasts) created by aid professionals between 2023 and 2025. While the findings are not yet published, our observation reveals clear patterns of distress linked to moral injury.

    We have also observed some evidence of moral injury stemming from the aid cuts. Some workers expressed moral fatigue – slow exhaustion caused by ethical strain, and a sense of futility and loss of meaning. One practitioner wrote in a blog: “I used to believe we were helping — now I feel like I’m sweeping water uphill.”

    Several blog posts and podcast episodes suggested a sense of complicity; the pain of being part of organisational silence or failure. Workers spoke of “being the face of a broken system” or “used to justify programmes we knew were failing.” As one put it: “Being a human is messy; serving humanity is messier.”

    Still others described the ethical vacuum left by aid cuts, where workers are expected to care without mandate or resources.

    Protesters in the US gather in opposition to the USAid cuts.
    Philip Yabut/Shutterstock

    Our findings so far reveal a troubling overlap between ethical strain and systemic failure in the humanitarian sector. As aid budgets shrink and resources dwindle, workers are overwhelmed, emotionally disoriented and psychologically vulnerable — often forced to choose between compromise and burnout.

    Some may leave the sector; others will stay, but with hardened hearts. We’ve seen this first-hand through our work on the UEL Mental Wellbeing Portal, where professionals share stories of programme closures, job loss, grief and a deep sense of powerlessness — echoing our pilot-study findings.

    A sustainable (and compassionate) aid system must urgently recognise and address the psychological toll of working in a system that workers feel no longer aligns with their humanitarian values. This crisis of moral injury is not inevitable. The sector needs investment not just in operations, but in the people who carry them out. That starts with understanding and acknowledging the emotional cost of aid cuts.

    Lucia Berdondini: I received funding from DifD in 2010, the British Council in 2011 and the Academy of Medical Sciences in 2020. I am an Associate Professor at the University of East London, where I lead the MSc in Humanitarian Intervention (Distance Learning) and the UEL Mental Wellbeing Portal for Humanitarian Workers. I also collaborate with NGOs and academic institutions in the humanitarian field. These affiliations are relevant to the subject of this article.

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

    ref. How aid cuts may be affecting humanitarian workers – https://theconversation.com/how-aid-cuts-may-be-affecting-humanitarian-workers-257482

    MIL OSI – Global Reports

  • MIL-OSI Video: The Deputy President Paul Mashatile addresses the South African Trade and Investment Seminar.

    Source: Republic of South Africa (video statements)

    The Deputy President Paul Mashatile addresses the South African Trade and Investment Seminar, at the SPIEF 2025.

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

    MIL OSI Video

  • MIL-OSI United Kingdom: Care leavers show they are up for the cup in national finals

    Source: City of Wolverhampton

    Organised by the City of Wolverhampton Council’s Reach Leaving Care Team in collaboration with Wolves Foundation, the inspiring six-a-side football tournament offered care experienced young people aged 16-24 the opportunity to compete, connect, and showcase their skills on Molineux’s hallowed turf.

    Following a series of knock out matches involving 20 teams from as far afield as Yorkshire and Milton Keynes, Warwickshire County beat Redcar and Cleveland in the final to claim the coveted 2025 Championship Cup – but, in reality, all of the participants were winners.

    Councillor Jacqui Coogan, Cabinet Member for Children, Young People and Education, said: “We were delighted to support this annual event which once again proved the old adage that football can be more than just a game.

    “For some, it can be an escape and a breath of fresh air, and the day enabled these young people – who have already faced so many challenges in their lives – to not only showcase their talents on the pitch of one of England’s most prestigious sporting venues, but also to demonstrate their resilience and spirit off it.”

    Tournament organiser Sam Neath, a Young Person Advisor with the council’s Children’s Services, said: “Some participants woke up at 4am, others couldn’t sleep because they were that excited. A young person that hadn’t engaged with me for six months found out about the tournament and came training; that’s the power of football.

    “The National Championship Cup is getting bigger and better each year, and I want to take it to Wembley next year and for hundreds more young people to be able take part. I want Sky Sports and BBC to be there – I want these young people to be celebrated and championed.”

    Young people explained how the tournament had helped them. Ubi, from Wolverhampton Warriors, said: “If you play in a team, it gives you life experience and it helps you to build confidence. Some of us aren’t that confident; playing sports gets me out of my comfort zone and gets me interacting with people that I wouldn’t usually talk to.”

    Shahla, who travelled from Chesterfield to represent the Derbyshire team, added: “It definitely helps my mental health. Being a care leaver, you are quite singled out in life, so this helps us get out and feel less isolated.”

    Warinder Juss, MP for Wolverhampton West, was on hand to help with the presentation of the cup and later celebrated the success of the tournament with his fellow MPs in Parliament, congratulating the young people, EFL in the Community, the council, Wolves Foundation and social impact company Spectra for supporting the event, and adding that “recognising and celebrating the potential of our young people in this way can empower them to thrive for themselves and for our communities.”

    Robert Macpherson from the Department of Education said: “Congratulations on hosting such a great event – it must have taken so much time and effort to organise.”

    A Redcar and Cleveland representative described it as a “day they will remember for a long time”, while a representative from the Stoke-on-Trent side added: “It was a fantastic experience for everyone involved, and we’re genuinely grateful to have been included.”

    MIL OSI United Kingdom

  • MIL-OSI Russia: Expanding Opportunities: At SPIEF 2025, GUU signed a number of cooperation agreements

    Translation. Region: Russian Federal

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

    Rector of the State University of Management Vladimir Stroyev signed several cooperation agreements at the St. Petersburg International Economic Forum.

    One of the new partners of the State University of Management has become ANO “Eurasia”, with which it is planned to conduct joint programs, internships, forums and projects where students will be able to grow and take part in various activities.

    “We are pleased with the new cooperation, it opens up new opportunities for both our organizations. It seems to me that we have a happy, working and friendly future for the benefit of our Eurasia,” said Vladimir Stroyev, Rector of the State University of Management.

    State Duma deputy, Chairperson of the Council of the ANO “Eurasia” Alena Arshinova also noted the importance and benefits of future joint projects:

    “It’s good when such platforms unite us, because the efforts we make become visible to an even larger circle of partners. This is where the integration takes place, because our “Eurasia” is precisely about integration and about promoting the development of international cooperation, first and foremost. So thank you very much for agreeing to sign an agreement with us.”

    Also at SPIEF-2025, the rector signed agreements with such organizations as Rostelecom, Tsifroinvest Management Company, the Fatherland Defenders Foundation, Rostransnadzor, and Transmashholding.

    In addition, Vladimir Stroyev spoke at the session “Investments in the Future: How Business Inspires and Supports Youth Initiatives” and presented awards to the winners of the “My Country – My Russia” competition.

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

    MIL OSI Russia News

  • MIL-OSI USA: Take Extreme Caution as Heat and Severe Weather Persist

    Source: US State of New York

    overnor Kathy Hochul today urged New Yorkers to take safety precautions during periods of extreme heat throughout Primary Day. New Yorkers can expect dangerously hot and humid conditions to continue today with feels-like temperatures between 90-106 degrees statewide. In addition, there is the potential for severe thunderstorms throughout most of the state this afternoon and evening that could contain damaging winds. Feels-like temperatures on Wednesday are expected to be 82-100 degrees with the potential for severe thunderstorms with damaging winds in the southern part of the state possible in the afternoon and evening. In response to the severe weather that impacted Central New York over the weekend, Governor Hochul declared a State of Emergency in 32 counties and state agencies are responding to assist New Yorkers with storm damage and impacts from extreme heat.

    “With dangerously hot weather expected throughout most of the state today, I am urging all New Yorkers to stay cool and safe — especially those waiting in line to cast ballots,” Governor Hochul said. “State emergency response personnel are standing by and prepared to help New Yorkers through this extreme weather, and as this heat wave peaks, I am reminding everyone to have a safe place to stay cool, limit time outdoors, and drink plenty of water.”

    This weekend, Governor Hochul signed legislation repealing an outdated section of New York’s election law — the new legislation now supports voters by allowing refreshments to be provided as they wait in line to exercise their civic duty.

    Governor Hochul today directed the Office of Parks, Recreation and Historic Preservation to offer extended hours at State swimming and cooling facilities and other State parks during the current heat wave as a way to help New Yorkers beat the heat.

    New Yorkers can also stay cool by utilizing nearby cooling centers. Find a cooling center near you on the State Department of Health website. Residents of New York City can find cooling center information here. Certain State Park swimming facilities will also extend their hours on Tuesday and Wednesday.

    For Those Impacted by Storms on Sunday
    In response to severe weather that impacted the State over the weekend, Governor Hochul declared a State of Emergency in 32 counties. At the Governor’s direction, the New York State Division of Homeland Security and Emergency Services has activated the State Emergency Operations Center to Enhanced Monitoring Mode to track the storms and damage. They are working closely with local emergency managers and governments to support requests and provide assistance as requested. State agencies stand ready to respond with equipment and personnel. Light towers have been provided to Oneida County and other materials stored in the State’s nine stockpiles including generators and pumps are also available to support local needs.

    Homeowners and businesses in impacted areas are encouraged to fill out an online form allowing residents to self-report damages to their homes and/or businesses. The purpose of this form is solely to collect information that may help state and local officials identify supplemental damages to develop and augment potential requests for available federal assistance programs. This is not an application for relief programs.

    The Department of Financial Services also has a number of resources for homeowners dealing with their insurance companies following a disaster:

    • File Claims Promptly
    • Making Necessary Repairs
    • Keep Records of Dealings with Insurance Representatives
    • Inventory Your Belongings
    • Flood Damage
    • Keep Your Receipts If You Relocate During Repairs
    • Filing Complaints
    • Information on Homeowners’ Insurance

    More resources are available at the DFS Disaster and Flood Recovery Resource Center.

    State Agency Response

    Division of Homeland Security and Emergency Services
    The Office of Emergency Management is in regular contact with county emergency managers to ensure cooling centers are available, and to offer support and advise on extreme heat risks. In addition, the agency is facilitating preparations and coordinating guidance and communications with State agency partners. Information on how to manage extreme heat can be found online. To receive real time weather and emergency alerts, New Yorkers are encouraged to text the name of their county or borough to 333111.

    New York State Office of Parks, Recreation and Historic Preservation
    The following State Park swimming facilities will be open for extended hours:

    Long Island

    • Jones Beach State Park: Field 6 & Central Mall; extended swimming until 8:00 p.m. Tuesday & Wednesday
    • Robert Moses State Park: Field 2 & 5; extended swimming until 8:00 p.m. Tuesday & Wednesday
    • Sunken Meadow State Park: Main Beach; extended swimming until 7:00 p.m. Tuesday & Wednesday
    • Hither Hills State Park: extended swimming until 7:00 p.m. Tuesday & Wednesday

    Hudson Valley

    • Bear Mountain State Park: extended swimming until 6:30 p.m. Tuesday & Wednesday
    • Lake Tiorati State Park: extended swimming until 6:45 p.m. Tuesday & Wednesday
    • Rockland Lake State Park: extended swimming until 6:30 p.m. Tuesday & Wednesday
    • Lake Minnewaska: extended swimming until 7:45 p.m. Tuesday & Wednesday
    • Lake Minnewaska-Awosting: extended swimming until 6:30 p.m. Tuesday & Wednesday

    New York City

    • Gantry Plaza State Park: spray pad hours extended to 7:00 p.m. Tuesday & Wednesday
    • Four Freedoms State Park: spray pad hours extended to 6:45 p.m. Tuesday & Wednesday
    • Denny Farrell Riverbank State Park: extended swimming until 8:00 p.m. Tuesday & Wednesday

    Capital District

    • Grafton Lakes State Park: extended swimming until 7:00 p.m. Tuesday
    • Thompson’s Lake Campground/Thacher State Park: extended swimming until 7:00 p.m. Tuesday
    • Moreau Lake State Park: extended swimming until 7:00 p.m. Tuesday
    • Saratoga Spa State Park: extended swimming until 7:00 p.m. Tuesday
    • Lake Taghkanic State Park: extended swimming until 7:00 p.m. Tuesday & Wednesday
    • Taconic-Copake State Park: extended swimming until 7:00 p.m. Tuesday & Wednesday
    • Taconic Kiddie Pool: extended swimming until 8:00 p.m. Tuesday & Wednesday

    Western New York

    • Allegany State Park – Red House Lake: extended swimming until 8:00 p.m. Tuesday & Wednesday
    • Allegany State Park – Quaker Lake: extended swimming until 8:00 p.m. Tuesday & Wednesday
    • Beaver Island State Park: extended swimming until 8:00 p.m. Tuesday & Wednesday
    • Evangola State Park: extended swimming until 8:00 p.m. Tuesday & Wednesday
    • Fort Niagara State Park: extended swimming until 8:00 p.m. Tuesday & Wednesday
    • Woodlawn Beach State Park: extended swimming until 8:00 p.m. Tuesday & Wednesday

    Central New York

    • Green Lakes State Park: extended swimming until 8:00 p.m. Tuesday & Wednesday
    • Delta Lake State Park: extended swimming until 8:00 p.m. Tuesday & Wednesday
    • Verona Beach State Park: extended swimming until 8:00 p.m. Tuesday & Wednesday
    • Chenango Valley State Park: extended swimming until 8:00 p.m. Tuesday & Wednesday

    Finger Lakes

    • Letchworth State Park: extended swimming until 7:45 p.m. Tuesday & Wednesday
    • Fair Haven Beach State Park: extended swimming until 8:00 p.m. Tuesday & Wednesday
    • Robert Treman State Park: extended swimming until 8:00 p.m. Tuesday & Wednesday
    • Seneca Lake-Spray Ground: spray ground hours extended until 7:30 p.m. Tuesday & Wednesday
    • Taughannock Falls State Park: extended swimming until 8:00 p.m. Tuesday & Wednesday
    • Sampson State Park: extended swimming until 8:00 p.m. Tuesday & Wednesday
    • Filmore Glen State Park: extended swimming until 8:00 p.m. Tuesday & Wednesday

    North Country

    • Southwick Beach State Park: extended swimming until 7:00 p.m. Tuesday & Wednesday
    • Westcott Beach State Park: extended swimming until 7:00 p.m. Tuesday & Wednesday

    Swimming availability may be affected by hazardous weather, changing water conditions or staffing. Please check State Parks’ website parks.ny.gov or call the park you wish to visit directly to confirm availability.

    Department of Financial Services
    After contacting insurance companies, residents can get assistance with insurance information regarding policy coverage for losses and suggestions on how to document their losses and safeguard their property by calling the Department’s Disaster Hotline at 800-339-1759.

    New Yorkers who have been impacted by flooding are encouraged to visit the DFS Disaster and Flood Recovery Resource Center for helpful information.

    New York State Department of Public Service
    DPS is tracking electric system conditions and overseeing utility response to any situations that may arise as a result of this week’s extreme heat and potential thunderstorm activity. There are currently 9,997 electric outages reported statewide. DPS remains in direct contact with utility operations Leadership to ensure they are continuously tracking system conditions and responding to cases of trouble and outages as quickly as possible to restore the system and customers. New York’s utilities have approximately 5,500 workers available, as necessary, to engage in damage assessment, response, repair and restoration efforts across New York State for this heat event. Agency staff will track utilities’ work throughout the event and ensure utilities shift appropriate staffing to regions that experience the greatest impact.

    During heat waves, increased usage of electric devices such as air conditioners place a considerable demand on the state’s electricity system and instances of low voltage or isolated power outages can result. The record for such usage was set on July 19, 2013, when it reached 33,956 MWs (one megawatt of electricity is enough to power up to 1,000 average-sized homes).

    National Grid will continue with repair and restoration efforts today for the remaining electric customers impacted by Sunday morning’s severe thunderstorms. Some portions of National Grid’s territory experienced straight-line winds exceeding 90 mph and an EF-1 tornado with winds up to 105 mph, with more than 101,000 electric customers affected statewide.

    Department of Health
    The State Health Department is taking a number of steps to promote the safety of all New Yorkers in periods of extreme heat, especially those most at risk. The Department has distributed guidance to all hospitals, diagnostic and treatment centers, adult care facilities, home care and hospice providers and nursing homes and has issued additional guidance to hosts of any scheduled public events with more than 5,000 people in attendance. The Department is working with DSHES and local health departments and emergency managers to ensure access to cooling centers and safe spaces during this extreme heat.

    Learn more about heat related illness, including signs and symptoms and when to take action on the State Health Department’s extreme heat advice webpage.

    The New York State Department of Health’s interactive Heat Risk and Illness Dashboard allows the public and county health care officials to determine the forecasted level of heat-related health risks in their area and raise awareness about the dangers of heat exposure.

    NYS Department of Agriculture and Markets
    The agency has compiled important information, including preventative measures, to help mitigate the effects of extreme heat on farm workers and farm animals. The Department will also be working closely with partners at The New York Extension Disaster Education Network (NY EDEN) at Cornell University to monitor any potential impacts of the extreme heat expected this week. NY EDEN is also a resource for farmers and farm workers during a heat wave, and additional information can be found at https://eden.cce.cornell.edu/natural-hazards/heat-wave/.

    Department of Environmental Conservation
    DEC reminds outdoor adventurers that unpredictable weather — including rapidly changing temperatures and storms in the Adirondacks, Catskills, and other backcountry areas — can create unexpectedly hazardous conditions. Visitors should be prepared with proper clothing and equipment for rain, mud and warmer temperatures to ensure a safe outdoor experience.

    Hikers in the Adirondacks are encouraged to check the Adirondack Backcountry Information webpages for updates on trail conditions, seasonal road closures and general recreation information.

    Hiking in the heat is always risky. New Yorkers and visitors should review the following tips to prevent heat exhaustion and heat stroke:

    • Slow your pace.
    • Drink water and rest often.
    • Seek shade and avoid long periods in direct sunlight.
    • Bring at least 2 liters of water for any hike.
    • Bring a water filter, especially for longer hikes.
    • Bring salty snacks to keep your electrolytes in check.
    • Wear sunscreen.
    • Leave your pets at home — the heat is harder on them, especially walking on hot rocks.
    • Consider staying home yourself and rescheduling for another day when weather conditions improve.

    Even if the weather is forecast to be high heat all day, there’s always a chance of hypothermia due to a sudden storm or drop in temperatures. This can increase dramatically if you’re sweating and not wearing sweat-wicking clothing (made of fabrics like wool or polyester). Many cases of hypothermia are in the summer when people least expect it.

    Whether you are hiking, mountain biking or paddling, Hike Smart NY can help you prepare with a list of 10 essentials, guidance on what to wear, and tips for planning your trip with safety and sustainability in mind. In an emergency, call 9-1-1. To request Forest Ranger assistance, call 1-833-NYS-RANGERS.

    Air Quality
    DEC is continuing to monitor air quality across the State and will issue air quality health advisories as necessary. New Yorkers are encouraged be “Air Quality Aware” and check airnow.gov for accurate information on air quality forecasts and conditions. To view the latest DEC air quality forecasts, visit the DEC website.

    Extreme Heat
    DEC recently released preliminary Urban Heat Island maps to help communities better understand, plan for, and adapt to extreme heat exposures on the neighborhood level. Links to the maps, as well as additional information and data, can be found on DEC’s Extreme Heat Action Plan webpage  and posted at nys-heat.daveyinstitute.com/hottest-hour. The project advances a key action in the Extreme Heat Action Plan and advances a 2022 law signed by Governor Hochul directing DEC to study the impacts of disproportionate concentrations of extreme heat in disadvantaged communities across the State.

    Harmful Algal Blooms
    Following periods of heavy rainfall, nutrient runoff can cause harmful algal blooms (HABs) to form in freshwater lakes, ponds, rivers and streams. New Yorkers should avoid swimming, boating, recreating in, or drinking water with a bloom.

    When it comes to HABs, DEC encourages New Yorkers to “KNOW IT, AVOID IT, REPORT IT”:

    • KNOW IT – HABs vary in appearance from scattered green dots in the water to long, linear green streaks, pea soup or spilled green paint, to blue-green or white coloration.  
    • AVOID IT – People, pets, and livestock should avoid contact with water that is discolored or has algal scums on the surface.  
    • REPORT IT – If members of the public suspect a HAB, report it through the NYHABs online reporting form available on DEC’s website. Symptoms or health concerns related to HABs should be reported to New York State Department of Health at [email protected]. 

    The New York State Department of Labor has released comprehensive guidance to help employers better protect outdoor workers during extreme heat and advises workers and employers to engage in extreme heat best practices such as:

    • Ensure access to clean drinking water at no cost to workers, available at all times and as close to the worksite as possible.
    • Provide shade and paid rest when the heat index reaches 80 degrees Fahrenheit or above, and more frequent rest breaks once the heat index exceeds 90 degrees.
    • Wear proper PPE so long as they do not interfere with safety equipment, including sunscreen, cooling vests, wide-brim hats, and lightweight, loose-fitting clothing.

    More information on best practices for working in extreme heat can be found here.

    Thruway Authority maintenance crews will be conducting standard daily operations during times where temperatures are lowest and will enhance patrols monitoring the highway. Motorists are reminded and encouraged to take breaks at one of 26 service areas or three Welcome Centers located on the Thruway system.

    Department of Transportation maintenance crews will conduct most outdoor work during morning hours and follow established hydration and rest protocols to help mitigate the risks associated with high temperatures.

    Office of Children and Family Services
    The agency is taking a number of actions to ensure activities at residential centers, detention programs and congregate care programs are conducted in a safe manner during the heat. This includes checking cooling equipment, ensuring proper amounts of water are available and consumed, rescheduling activities and meetings, and identifying staff and clients who may be affected by heat. They are also providing guidance to child care programs and groups associated with the Commission for the Blind statewide.

    New York State Office of Mental Health
    In advance of the hot conditions, New Yorkers should be aware of the impact high heat may have on individuals receiving antipsychotic medications, who are at particular risk of heat stroke and neuroleptic malignant syndrome during periods of extreme heat, which is more likely in poorly ventilated areas. Children and the elderly are at increased risk.

    In addition to monitoring individuals at risk, such conditions are best prevented by a heightened attention to hydration, particularly those at high risk, including individuals taking antipsychotic medications, the elderly, children and those with poor fluid intake.

    Also, individuals at high-risk should remain in cooler areas; be monitored for temperature elevations; avoid direct exposure to sunlight and wear protective clothing and sunscreen. Anticholinergic medications may interfere with sweating and should be minimized.

    Office of Temporary and Disability Assistance
    The agency is reminding local departments of social services and emergency homeless shelter operators of the need to provide fans to help maintain reasonable air circulation during times of extreme heat and humidity. Also, shelter providers should provide a cooling room in the facility for residents, if feasible.

    Metropolitan Transportation Authority
    To reduce potential impacts to service and reduce response times to heat-related events, NYC Transit will implement heat patrols to proactively increase track inspections and stage extra personnel in key risk areas including power substations, machine rooms, generators, cables, and connections. To ensure functioning air conditioning, subway railcars and buses will be inspected before being placed in service. Paratransit service providers are reminded vehicles must have functioning air-conditioning. Buses and operators will be on standby for any support needed with subways or emergency service. NYC Transit also completes a continuous welded rail watch when rail temperatures exceed 100 degrees to be vigilant of rail kinks or other issues.

    Long Island Rail Road and Metro-North Railroad crews will be staged at key locations to be able to respond quickly to weather-related issues. The railroads will monitor rail temperatures, deploy heat patrols to inspect the rails for any kinks, and stage additional Power Department personnel to protect power substations and overhead aerial lines. Train crews have been instructed to report any rail conditions that need attention.

    The Port Authority Office of Emergency Management coordinates with facility teams to monitor weather conditions and operational impacts and maintains communication with regional partners to support response readiness during periods of elevated temperatures.

    For a complete listing of weather watches, warnings, advisories and latest forecasts, visit the National Weather Service website.

    MIL OSI USA News