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Category: Business

  • MIL-OSI: Oma Savings Bank Plc’s composition of Shareholders’ Nomination Committee

    Source: GlobeNewswire (MIL-OSI)

    OMA SAVINGS BANK PLC STOCK EXCHANGE RELEASE, 18 JUNE 2025 AT 15:55 P.M. EET, OTHER INFORMATION DISCLOSED ACCORDING TO THE RULES OF THE EXCHANGE


    Oma Savings Bank Plc’s composition of Shareholders’ Nomination Committee

    According to the shareholder list on 1 June 2025, representatives of the five largest shareholders have been appointed to the Nomination Committee of Oma Savings Bank Plc (OmaSp or Company):

    • Raimo Härmä, appointed by Etelä-Karjalan Säästöpankkisäätiö
    • Ari Lamminmäki, appointed by Parkanon Säästöpankkisäätiö
    • Jouni Niuro, appointed by Liedon Säästöpankkisäätiö
    • Aino Lamminmäki, appointed by Töysän Säästöpankkisäätiö
    • Simo Haarajärvi, appointed by Kuortaneen Säästöpankkisäätiö

    The Nomination Committee elects a Chairperson from among its members.

    The Nomination Committee is responsible for preparing proposals for the election and remuneration of the members of the Board of Directors and for finding potential members of the Board of Directors to the Annual General Meeting and if necessary, to the Extraordinary General Meeting. OmaSp’s five largest shareholders each have the right to appoint one representative to the Nomination Committee.

    The Nomination Committee must submit to OmaSp’s Board of Directors its proposals on the Board members and remuneration annually at the latest by the end of the calendar month preceding the meeting of the Board of Directors that decides on the convening of the Annual General Meeting. In the case of an Extraordinary General Meeting, the proposal must be made in advance of the Annual General Meeting so that they can be included in the notice to the General Meeting.

    The Shareholders’ Nomination Committee charter is available on the Company’s website at https://www.omasp.fi/en/investors/management-and-corporate-governance/nomination-committee

    Oma Savings Bank Plc

    Additional information:
    Karri Alameri, CEO, tel. +358 45 656 5250, karri.alameri@omasp.fi

    Distribution:

    Nasdaq Helsinki Ltd
    Major media
    www.omasp.fi

    OmaSp is a solvent and profitable Finnish bank. About 600 professionals provide nationwide services through OmaSp’s 48 branch offices and digital service channels to over 200,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners’ products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations.

    OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer-oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in OmaSp.

    The MIL Network –

  • MIL-OSI: Tokio Marine HCC Appoints Elizabeth Geary to Lead North America P&C Businesses

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, June 18, 2025 (GLOBE NEWSWIRE) — Tokio Marine HCC (TMHCC), based in Houston, Texas, today announced the appointment of Elizabeth Geary to the newly created role of President & CEO of North America P&C. She will be responsible for the growth and leadership of TMHCC’s North America P&C business units. Ms. Geary assumes her new role on June 30, 2025, reporting to Susan Rivera, TMHCC’s CEO, and will be based in New York City.

    Ms. Geary brings more than two decades of underwriting and senior leadership experience to TMHCC. She joins from Liberty Mutual, where, as President of Insurance Solutions, she was responsible for the launch and development of a new organization, focused on proactively managing brokers’ and clients’ evolving risk needs with a focus on cyber, energy transition, and alternative risk solutions. Ms. Geary began her career at TransRe, gaining underwriting experience across the spectrum of specialty classes, starting with US Property and Healthcare, progressing to Global Head of Cyber, and ultimately serving in a dual role as Chief Underwriting Officer, North America, and President, Global Portfolio Management.

    This announcement is the latest in a series of key executive appointments at TMHCC, with Barry Cook promoted to the role of Deputy CEO in April 2025, as the business evolves and expands its leadership structure to maintain its growth momentum.

    Ms. Rivera said, “Appointing Liz to the new role of President & CEO of our North America P&C business units is a statement of intent for our business. Her talent and track record of underwriting acumen, product strategy, and leadership are exceptional. As TMHCC continues to expand and evolve, driven by our commitment to enhancing our offerings to reflect the needs of insureds in a rapidly changing risk environment, we will need to attract the leading talent in the market who share our specialized focus and approach. Liz is an example of this approach in action, and I look forward to working with her to successfully harness the opportunities present in this expansive sector of the insurance market.”

    Ms. Geary added, “Tokio Marine HCC’s North American business has become a market leader in its chosen sectors, and its specialty insurance reputation is second to none. TMHCC is known for its long-term commitment to markets, underwriting excellence, and top-notch financial strength. I am delighted to be joining Susan and her team and look forward to helping the business realize its profitable growth ambitions in North America while providing market-leading solutions for our brokers and insureds.”

    About Tokio Marine HCC
    Tokio Marine HCC is a member of the Tokio Marine Group, a premier global company founded in 1879 with a market capitalization of $74 billion as of March 31, 2025. Headquartered in Houston, Texas, Tokio Marine HCC is a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and Continental Europe. Tokio Marine HCC’s major domestic insurance companies have financial strength ratings of ‘A+’ (Strong) from S&P Global Ratings, ‘A++’ (Superior) from AM Best, and ‘AA-’ (Very Strong) from Fitch Ratings; its major international insurance companies have financial strength ratings of ‘A+’ (Strong) from S&P Global Ratings. Tokio Marine HCC is the marketing name used to describe the affiliated companies under the common ownership of HCC Insurance Holdings, Inc., a Delaware-incorporated insurance holding company. For more information about Tokio Marine HCC, please visit www.tokiomarinehcc.com.

    Contact:
    Doug Busker, Vice President – Public Relations
    Tokio Marine HCC
    713-996-1192

    The MIL Network –

  • MIL-OSI: Tokio Marine HCC Appoints Elizabeth Geary to Lead North America P&C Businesses

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, June 18, 2025 (GLOBE NEWSWIRE) — Tokio Marine HCC (TMHCC), based in Houston, Texas, today announced the appointment of Elizabeth Geary to the newly created role of President & CEO of North America P&C. She will be responsible for the growth and leadership of TMHCC’s North America P&C business units. Ms. Geary assumes her new role on June 30, 2025, reporting to Susan Rivera, TMHCC’s CEO, and will be based in New York City.

    Ms. Geary brings more than two decades of underwriting and senior leadership experience to TMHCC. She joins from Liberty Mutual, where, as President of Insurance Solutions, she was responsible for the launch and development of a new organization, focused on proactively managing brokers’ and clients’ evolving risk needs with a focus on cyber, energy transition, and alternative risk solutions. Ms. Geary began her career at TransRe, gaining underwriting experience across the spectrum of specialty classes, starting with US Property and Healthcare, progressing to Global Head of Cyber, and ultimately serving in a dual role as Chief Underwriting Officer, North America, and President, Global Portfolio Management.

    This announcement is the latest in a series of key executive appointments at TMHCC, with Barry Cook promoted to the role of Deputy CEO in April 2025, as the business evolves and expands its leadership structure to maintain its growth momentum.

    Ms. Rivera said, “Appointing Liz to the new role of President & CEO of our North America P&C business units is a statement of intent for our business. Her talent and track record of underwriting acumen, product strategy, and leadership are exceptional. As TMHCC continues to expand and evolve, driven by our commitment to enhancing our offerings to reflect the needs of insureds in a rapidly changing risk environment, we will need to attract the leading talent in the market who share our specialized focus and approach. Liz is an example of this approach in action, and I look forward to working with her to successfully harness the opportunities present in this expansive sector of the insurance market.”

    Ms. Geary added, “Tokio Marine HCC’s North American business has become a market leader in its chosen sectors, and its specialty insurance reputation is second to none. TMHCC is known for its long-term commitment to markets, underwriting excellence, and top-notch financial strength. I am delighted to be joining Susan and her team and look forward to helping the business realize its profitable growth ambitions in North America while providing market-leading solutions for our brokers and insureds.”

    About Tokio Marine HCC
    Tokio Marine HCC is a member of the Tokio Marine Group, a premier global company founded in 1879 with a market capitalization of $74 billion as of March 31, 2025. Headquartered in Houston, Texas, Tokio Marine HCC is a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and Continental Europe. Tokio Marine HCC’s major domestic insurance companies have financial strength ratings of ‘A+’ (Strong) from S&P Global Ratings, ‘A++’ (Superior) from AM Best, and ‘AA-’ (Very Strong) from Fitch Ratings; its major international insurance companies have financial strength ratings of ‘A+’ (Strong) from S&P Global Ratings. Tokio Marine HCC is the marketing name used to describe the affiliated companies under the common ownership of HCC Insurance Holdings, Inc., a Delaware-incorporated insurance holding company. For more information about Tokio Marine HCC, please visit www.tokiomarinehcc.com.

    Contact:
    Doug Busker, Vice President – Public Relations
    Tokio Marine HCC
    713-996-1192

    The MIL Network –

  • MIL-OSI: ACNB Corporation Announces Common Stock Repurchase Program

    Source: GlobeNewswire (MIL-OSI)

    GETTYSBURG, Pa., June 18, 2025 (GLOBE NEWSWIRE) — ACNB Corporation (“ACNB”) (NASDAQ: ACNB), financial holding company for ACNB Bank and ACNB Insurance Services, Inc., announced today that the Board of Directors approved a new plan to repurchase, in open market transactions at prevailing market prices, up to 314,000, or approximately 3.0%, of the outstanding shares of ACNB’s common stock. The amount and timing of any shares repurchased will be evaluated and determined by management in its discretion and will depend upon a number of factors, including ACNB’s capital position, liquidity, financial performance and alternate uses of capital, the market price of ACNB’s securities, general market and economic conditions, and applicable legal and regulatory requirements, with no guarantee as to the exact number of shares that will be repurchased. The common stock repurchases are expected to be funded by using available capital. Further, this new common stock repurchase program replaces and supersedes any and all earlier announced repurchase plans.

    ACNB Corporation, headquartered in Gettysburg, PA, is the independent $3.27 billion financial holding company for the wholly-owned subsidiaries of ACNB Bank, Gettysburg, PA, including its operating divisions Traditions Bank and Traditions Mortgage, and ACNB Insurance Services, Inc., Westminster, MD. Originally founded in 1857, ACNB Bank serves its marketplace with banking and wealth management services, including trust and retail brokerage, via a network of 33 community banking offices and one loan offices located in the Pennsylvania counties of Adams, Cumberland, Franklin, Lancaster and York and the Maryland counties of Baltimore, Carroll and Frederick. ACNB Insurance Services, Inc. is a full-service insurance agency with licenses in 46 states. The agency offers a broad range of property, casualty, health, life and disability insurance serving personal and commercial clients through office locations in Westminster, MD, and Gettysburg, PA. For more information regarding ACNB Corporation and its subsidiaries, please visit investor.acnb.com.

    FORWARD-LOOKING STATEMENTS – In addition to historical information, this press release may contain forward-looking statements. Examples of forward-looking statements include, but are not limited to, (a) projections or statements regarding future earnings, expenses, net interest income, other income, earnings or loss per share, asset mix and quality, growth prospects, capital structure, and other financial terms, (b) statements of plans and objectives of Management or the Board of Directors, and (c) statements of assumptions, such as economic conditions in the Corporation’s market areas. Such forward-looking statements can be identified by the use of forward-looking terminology such as “believes”, “expects”, “may”, “intends”, “will”, “should”, “anticipates”, or the negative of any of the foregoing or other variations thereon or comparable terminology, or by discussion of strategy. Forward-looking statements are subject to certain risks and uncertainties such as national, regional and local economic conditions, competitive factors, and regulatory limitations. Actual results may differ materially from those projected in the forward-looking statements. Such risks, uncertainties, and other factors that could cause actual results and experience to differ from those projected include, but are not limited to, the following: short-term and long-term effects of inflation and rising costs on the Corporation, customers and economy; effects of governmental and fiscal policies, as well as legislative and regulatory changes; effects of new laws and regulations (including laws and regulations concerning taxes, banking, securities and insurance) and their application with which the Corporation and its subsidiaries must comply; impacts of the capital and liquidity requirements of the Basel III standards; effects of changes in accounting policies and practices, as may be adopted by the regulatory agencies, as well as the Financial Accounting Standards Board and other accounting standard setters; ineffectiveness of the business strategy due to changes in current or future market conditions; future actions or inactions of the United States government, including the effects of short-term and long-term federal budget and tax negotiations and a failure to increase the government debt limit or a prolonged shutdown of the federal government; effects of economic conditions particularly with regard to the negative impact of any pandemic, epidemic or health-related crisis and the responses thereto on the operations of the Corporation and current customers, specifically the effect of the economy on loan customers’ ability to repay loans; effects of competition, and of changes in laws and regulations on competition, including industry consolidation and development of competing financial products and services; inflation, securities market and monetary fluctuations; risks of changes in interest rates on the level and composition of deposits, loan demand, and the values of loan collateral, securities, and interest rate protection agreements, as well as interest rate risks; difficulties in acquisitions and integrating and operating acquired business operations, including information technology difficulties; challenges in establishing and maintaining operations in new markets; effects of technology changes; effects of general economic conditions and more specifically in the Corporation’s market areas; failure of assumptions underlying the establishment of reserves for loan losses and estimations of values of collateral and various financial assets and liabilities; acts of war or terrorism or geopolitical instability; disruption of credit and equity markets; ability to manage current levels of impaired assets; loss of certain key officers; ability to maintain the value and image of the Corporation’s brand and protect the Corporation’s intellectual property rights; continued relationships with major customers; and, potential impacts to the Corporation from continually evolving cybersecurity and other technological risks and attacks, including additional costs, reputational damage, regulatory penalties, and financial losses. We caution readers not to place undue reliance on these forward-looking statements. They only reflect Management’s analysis as of this date. The Corporation does not revise or update these forward-looking statements to reflect events or changed circumstances. Please carefully review the risk factors described in other documents the Corporation files from time to time with the SEC, including the Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q. Please also carefully review any Current Reports on Form 8-K filed by the Corporation with the SEC.

    ACNB #2025-11
    June 18, 2025

    Contact: Kevin J. Hayes
      SVP/General Counsel,
      Secretary & Chief
      Governance Officer
      717.339.5161
      khayes@acnb.com

    The MIL Network –

  • MIL-OSI: Tenable Research Finds Pervasive Cloud Misconfigurations Exposing Critical Data and Secrets

    Source: GlobeNewswire (MIL-OSI)

    COLUMBIA, Md., June 18, 2025 (GLOBE NEWSWIRE) — Tenable®, the exposure management company, today released its 2025 Cloud Security Risk Report. The research revealed that 9% of publicly accessible cloud storage contains sensitive data, 97% of which is classified as restricted or confidential. These exposures increase the risk of exploitation, particularly when paired with misconfigurations or embedded secrets.

    Cloud environments face dramatically increased risk due to exposed sensitive data, misconfigurations, underlying vulnerabilities and poorly stored secrets – such as passwords, API keys and credentials. The 2025 Cloud Security Risk Report provides a deep dive into the most prominent cloud security issues impacting data, identity, workload and AI resources and offers practical mitigation strategies to help organizations proactively reduce risk and close critical gaps.

    Key findings from the report include:

    • Secrets found in diverse cloud resources are putting organizations at risk: Over half of organizations (54%) store at least one secret directly in Amazon Web Services (AWS) Elastic Container Service (ECS) task definitions — creating a direct attack path. Similar issues were found among organizations using Google Cloud Platform (GCP) Cloud Run (52%) and Microsoft Azure Logic Apps workflows (31%). Alarmingly, 3.5% of all AWS Elastic Compute Cloud (EC2) instances contain secrets in user data — major risk given how widely EC2 is used.
    • Cloud workload security is improving, but toxic combinations persist: While the number of organizations with a “toxic cloud trilogy” – a workload that is publicly exposed, critically vulnerable, and highly privileged – has decreased from 38% to 29%, this dangerous combination still represents a significant and common risk.
    • Using Identity Providers (IdPs) alone doesn’t eliminate risk: While 83% of AWS organizations are exercising best practices in using IdP services to manage their cloud identities, overly-permissive defaults, excessive entitlements, and standing permissions still expose them to identity-based threats.

    “Despite the security incidents we have witnessed over the past few years, organizations continue to leave critical cloud assets, from sensitive data to secrets, exposed through avoidable misconfigurations,” said Ari Eitan, Director of Cloud Security Research, Tenable.

    “The path for attackers is often simple: exploit public access, steal embedded secrets or abuse overprivileged identities. To close these gaps, security teams need full visibility across their environments and the ability to prioritize and automate remediation before threats escalate. The cloud demands continuous, proactive risk management, and not reactive patchwork.”

    The report reflects findings by the Tenable Cloud Research team based on telemetry from workloads across diverse public cloud and enterprise environments, analyzed from October 2024 through March 2025. To download the report today, please visit: https://www.tenable.com/cyber-exposure/tenable-cloud-security-risk-report-2025

    More information on Tenable Cloud Security is available at: https://www.tenable.com/cloud-security.

    About Tenable
    Tenable® is the exposure management company, exposing and closing the cybersecurity gaps that erode business value, reputation and trust. The company’s AI-powered exposure management platform radically unifies security visibility, insight and action across the attack surface, equipping modern organizations to protect against attacks from IT infrastructure to cloud environments to critical infrastructure and everywhere in between. By protecting enterprises from security exposure, Tenable reduces business risk for more than 44,000 customers around the globe. Learn more at tenable.com.

    Media Contact:
    Tenable
    tenablepr@tenable.com

    The MIL Network –

  • MIL-OSI: $112K Is Not Bitcoin’s Peak: PFMCrypto’s Unique BTC Mining Plan Becomes a Must-Have for Holders

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 18, 2025 (GLOBE NEWSWIRE) — As Bitcoin (BTC) prices begin to stabilize, both experts and traders agree that the $112,000 mark is far from its peak. In response to growing investor interest and momentum across the BTC network, global mining leader PFMCrypto has introduced a unique Bitcoin mining strategy that is rapidly gaining popularity among BTC holders. This high-performance mining contract is designed to help users earn passive income—even outside of bull markets—without any technical expertise or complex equipment. PFMCrypto’s cloud mining approach provides secure and consistent BTC rewards.

    Key Highlights of PFMCrypto’s BTC Mining Strategy
    – Exclusive BTC Contracts Now Live: Tailored for Bitcoin holders seeking passive mining income growth.
    – No Lock-in Risk: Withdraw earnings daily. Once the contract ends, the full principal is returned—ensuring liquidity and security.
    – Proven High ROI: PFMCrypto’s BTC mining contracts are based on real performance, not speculative promises. Historical returns have reached up to 55.6% in 30 days.

    Visit PFMCrypto’s homepage: https://pfmcrypto.net

    AI + BTC Mining: Smart Technology for Savvy Investors
    PFMCrypto’s BTC mining platform integrates cutting-edge artificial intelligence to optimize block verification efficiency and automatically reallocate computing power to maximize profits. With 20 mining centers operating around the clock globally, users enjoy consistent BTC earnings without downtime or maintenance.
    Unlike traditional mining, PFMCrypto’s cloud mining model eliminates the costs and complexities of hardware management, making it accessible to everyone—from newcomers to seasoned investors.

    What Makes PFMCrypto’s BTC Mining Plans So Attractive?
    – Zero Hardware Investment: No need to purchase mining rigs to access industrial-grade computing power.
    – All-Inclusive Operation: PFMCrypto handles electricity, cooling, maintenance, and hardware upgrades.
    – Instant Access: New users can start mining BTC within minutes using an intuitive dashboard with real-time earnings tracking.
    – Security & Transparency: All contracts guarantee daily returns, principal repayment, and detailed performance analytics.

    Join PFMCrypto now and receive a $10 welcome bonus to kickstart your BTC mining journey.

    Why Now? BTC’s Road Beyond $112,000
    Market analysts forecast that sustained institutional adoption, ETF integration, and declining exchange reserves could propel BTC to an all-time high of $120,000 by Q3 2025. As PFMCrypto’s CEO puts it:
    “Bitcoin is more than a store of value—it’s a catalyst for wealth accumulation. Our BTC mining strategy empowers users to earn consistent returns amid unprecedented market momentum.”

    PFMCrypto’s BTC Mining Contracts: Proven Performance
    With the recent launch of its 2-day BTC mining contract, PFMCrypto has opened its high-performance cloud mining infrastructure to all users, dramatically lowering the technical and financial barriers to entry. Since its founding in 2018, the platform has grown to support over 9.2 million active users across 192 countries, delivering impressive returns:
    2-Day Strategy: +6.6% ROI
    5-Day Strategy: +6.15% ROI
    15-Day Strategy: +20.7% ROI
    30-Day Strategy: +55.6% ROI
    These figures represent actual average user returns, powered by PFMCrypto’s AI-enhanced infrastructure.

    Click here to view the full BTC mining contract catalog.

    How to Start BTC Cloud Mining with PFMCrypto
    1. Register: Sign up now to receive a $10 bonus and $0.60 daily sign-in reward.
    2. Choose Your Plan: Select from a range of flexible BTC contracts suitable for both short- and long-term investors.
    3. Earn BTC Daily: Let PFMCrypto’s intelligent engine handle everything and start earning Bitcoin instantly.

    About PFMCrypto
    PFMCrypto is a global pioneer in cloud mining services, offering secure and user-friendly cryptocurrency mining tools to millions of users. Since 2018, the company has processed over $1 billion in mining expenditures and operates mining centers across Europe, Asia, and North America. PFMCrypto continues to reshape how individuals and institutions engage with crypto by delivering transparent, reliable, and profit-driven solutions.

    Visit https://pfmcrypto.net to learn more, claim your $10 welcome bonus and start your BTC mining journey today.

    Media Contact:
    Amelia Elspeth
    PFMcrypto
    info@pfmcrypto.net

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/4f5332cc-14f1-4752-b2a7-d8329cab344a
    https://www.globenewswire.com/NewsRoom/AttachmentNg/e1aba1e0-a162-4358-9dd3-b665fd7e11d4

    The MIL Network –

  • MIL-OSI: $112K Is Not Bitcoin’s Peak: PFMCrypto’s Unique BTC Mining Plan Becomes a Must-Have for Holders

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 18, 2025 (GLOBE NEWSWIRE) — As Bitcoin (BTC) prices begin to stabilize, both experts and traders agree that the $112,000 mark is far from its peak. In response to growing investor interest and momentum across the BTC network, global mining leader PFMCrypto has introduced a unique Bitcoin mining strategy that is rapidly gaining popularity among BTC holders. This high-performance mining contract is designed to help users earn passive income—even outside of bull markets—without any technical expertise or complex equipment. PFMCrypto’s cloud mining approach provides secure and consistent BTC rewards.

    Key Highlights of PFMCrypto’s BTC Mining Strategy
    – Exclusive BTC Contracts Now Live: Tailored for Bitcoin holders seeking passive mining income growth.
    – No Lock-in Risk: Withdraw earnings daily. Once the contract ends, the full principal is returned—ensuring liquidity and security.
    – Proven High ROI: PFMCrypto’s BTC mining contracts are based on real performance, not speculative promises. Historical returns have reached up to 55.6% in 30 days.

    Visit PFMCrypto’s homepage: https://pfmcrypto.net

    AI + BTC Mining: Smart Technology for Savvy Investors
    PFMCrypto’s BTC mining platform integrates cutting-edge artificial intelligence to optimize block verification efficiency and automatically reallocate computing power to maximize profits. With 20 mining centers operating around the clock globally, users enjoy consistent BTC earnings without downtime or maintenance.
    Unlike traditional mining, PFMCrypto’s cloud mining model eliminates the costs and complexities of hardware management, making it accessible to everyone—from newcomers to seasoned investors.

    What Makes PFMCrypto’s BTC Mining Plans So Attractive?
    – Zero Hardware Investment: No need to purchase mining rigs to access industrial-grade computing power.
    – All-Inclusive Operation: PFMCrypto handles electricity, cooling, maintenance, and hardware upgrades.
    – Instant Access: New users can start mining BTC within minutes using an intuitive dashboard with real-time earnings tracking.
    – Security & Transparency: All contracts guarantee daily returns, principal repayment, and detailed performance analytics.

    Join PFMCrypto now and receive a $10 welcome bonus to kickstart your BTC mining journey.

    Why Now? BTC’s Road Beyond $112,000
    Market analysts forecast that sustained institutional adoption, ETF integration, and declining exchange reserves could propel BTC to an all-time high of $120,000 by Q3 2025. As PFMCrypto’s CEO puts it:
    “Bitcoin is more than a store of value—it’s a catalyst for wealth accumulation. Our BTC mining strategy empowers users to earn consistent returns amid unprecedented market momentum.”

    PFMCrypto’s BTC Mining Contracts: Proven Performance
    With the recent launch of its 2-day BTC mining contract, PFMCrypto has opened its high-performance cloud mining infrastructure to all users, dramatically lowering the technical and financial barriers to entry. Since its founding in 2018, the platform has grown to support over 9.2 million active users across 192 countries, delivering impressive returns:
    2-Day Strategy: +6.6% ROI
    5-Day Strategy: +6.15% ROI
    15-Day Strategy: +20.7% ROI
    30-Day Strategy: +55.6% ROI
    These figures represent actual average user returns, powered by PFMCrypto’s AI-enhanced infrastructure.

    Click here to view the full BTC mining contract catalog.

    How to Start BTC Cloud Mining with PFMCrypto
    1. Register: Sign up now to receive a $10 bonus and $0.60 daily sign-in reward.
    2. Choose Your Plan: Select from a range of flexible BTC contracts suitable for both short- and long-term investors.
    3. Earn BTC Daily: Let PFMCrypto’s intelligent engine handle everything and start earning Bitcoin instantly.

    About PFMCrypto
    PFMCrypto is a global pioneer in cloud mining services, offering secure and user-friendly cryptocurrency mining tools to millions of users. Since 2018, the company has processed over $1 billion in mining expenditures and operates mining centers across Europe, Asia, and North America. PFMCrypto continues to reshape how individuals and institutions engage with crypto by delivering transparent, reliable, and profit-driven solutions.

    Visit https://pfmcrypto.net to learn more, claim your $10 welcome bonus and start your BTC mining journey today.

    Media Contact:
    Amelia Elspeth
    PFMcrypto
    info@pfmcrypto.net

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/4f5332cc-14f1-4752-b2a7-d8329cab344a
    https://www.globenewswire.com/NewsRoom/AttachmentNg/e1aba1e0-a162-4358-9dd3-b665fd7e11d4

    The MIL Network –

  • MIL-OSI: Progress Software CEO Yogesh Gupta Named an EY US Entrepreneur Of The Year® 2025 New England Award Winner

    Source: GlobeNewswire (MIL-OSI)

    Visionary CEO recognized for bold leadership, strategic growth, accelerated AI innovation and long-term stakeholder value creation

    BURLINGTON, Mass., June 18, 2025 (GLOBE NEWSWIRE) — Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that CEO Yogesh Gupta has been named an Entrepreneur Of The Year® 2025 New England Award winner by Ernst & Young LLP (EY US). The prestigious program recognizes visionary leaders of companies who are driving innovation, accelerating growth and creating lasting impact for future generations.

    Since joining Progress in 2016, Gupta has driven significant growth and transformation at the company. Under his leadership, Progress has more than doubled in size, completed five strategic acquisitions—including the landmark 2024 purchase of ShareFile, the company’s largest acquisition to date—and successfully executed its Total Growth Strategy, focusing on innovation, disciplined mergers and acquisitions, and customer retention. Gupta’s foresight in navigating market shifts, especially in AI, has positioned Progress ahead of the curve, consistently delivering value to a global client base that includes over 75% of the Fortune 500.

    “I am deeply honored to receive this recognition from EY,” said Gupta. “Entrepreneurship is about more than building a business—it’s about building a future. I’m proud to lead a company that innovates not only in technology but also invests in people, communities and purpose.”

    Gupta’s entrepreneurial approach is shaped by a personal journey defined by resilience, ambition and a deep belief in innovation’s power. Since becoming CEO, he has cultivated a culture of agility, strategic risk-taking and operational excellence across the organization. Progress has achieved record revenues and doubled its global workforce from 1,500 to 3,000 employees during his tenure. Renowned for his sharp business insight and people-centric leadership, Gupta actively mentors employees and engages with teams worldwide, fostering a culture grounded in excellence, teamwork, respect and sustainable value creation.

    Gupta was chosen by an independent panel of past winners, top CEOs and business leaders. Judges assessed candidates on long-term value creation, entrepreneurial spirit, purpose-driven commitment and significant growth and impact.

    As a New England award winner, he is now eligible for consideration for the Entrepreneur Of The Year 2025 National Awards. The National Award winners, including the Entrepreneur Of The Year National Overall Award winner, will be announced in November 2025.

    About Entrepreneur Of The Year
    Founded in 1986, Entrepreneur Of The Year has celebrated more than 11,000 ambitious visionaries who are leading successful, dynamic businesses in the US, and it has since expanded to nearly 60 countries globally. The US program consists of 17 regional programs whose panels of independent judges select the regional award winners every June. Those winners compete for national recognition at the Strategic Growth Forum® in November where National finalists and award winners are announced. The overall National winner represents the US at the EY World Entrepreneur Of The Year™ competition. Visit ey.com/us/eoy.

    About Progress Software
    Progress Software (Nasdaq: PRGS) empowers organizations to achieve transformational success in the face of disruptive change. Our software enables our customers to develop, deploy and manage responsible AI-powered applications and digital experiences with agility and ease. Customers get a trusted provider in Progress, with the products, expertise and vision they need to succeed. Over 4 million developers and technologists at hundreds of thousands of enterprises depend on Progress. Learn more at www.progress.com.

    Progress is a trademark or registered trademark of Progress Software Corporation and/or its subsidiaries or affiliates in the U.S. and other countries. Any other names contained herein may be trademarks of their respective owners.

    Press Contacts:
    Kim Baker
    Progress Software
    +1-800-477-6473
    pr@progress.com

    A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7fd7178e-98af-40f6-8027-c19233524eee

    The MIL Network –

  • MIL-OSI: Progress Software CEO Yogesh Gupta Named an EY US Entrepreneur Of The Year® 2025 New England Award Winner

    Source: GlobeNewswire (MIL-OSI)

    Visionary CEO recognized for bold leadership, strategic growth, accelerated AI innovation and long-term stakeholder value creation

    BURLINGTON, Mass., June 18, 2025 (GLOBE NEWSWIRE) — Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that CEO Yogesh Gupta has been named an Entrepreneur Of The Year® 2025 New England Award winner by Ernst & Young LLP (EY US). The prestigious program recognizes visionary leaders of companies who are driving innovation, accelerating growth and creating lasting impact for future generations.

    Since joining Progress in 2016, Gupta has driven significant growth and transformation at the company. Under his leadership, Progress has more than doubled in size, completed five strategic acquisitions—including the landmark 2024 purchase of ShareFile, the company’s largest acquisition to date—and successfully executed its Total Growth Strategy, focusing on innovation, disciplined mergers and acquisitions, and customer retention. Gupta’s foresight in navigating market shifts, especially in AI, has positioned Progress ahead of the curve, consistently delivering value to a global client base that includes over 75% of the Fortune 500.

    “I am deeply honored to receive this recognition from EY,” said Gupta. “Entrepreneurship is about more than building a business—it’s about building a future. I’m proud to lead a company that innovates not only in technology but also invests in people, communities and purpose.”

    Gupta’s entrepreneurial approach is shaped by a personal journey defined by resilience, ambition and a deep belief in innovation’s power. Since becoming CEO, he has cultivated a culture of agility, strategic risk-taking and operational excellence across the organization. Progress has achieved record revenues and doubled its global workforce from 1,500 to 3,000 employees during his tenure. Renowned for his sharp business insight and people-centric leadership, Gupta actively mentors employees and engages with teams worldwide, fostering a culture grounded in excellence, teamwork, respect and sustainable value creation.

    Gupta was chosen by an independent panel of past winners, top CEOs and business leaders. Judges assessed candidates on long-term value creation, entrepreneurial spirit, purpose-driven commitment and significant growth and impact.

    As a New England award winner, he is now eligible for consideration for the Entrepreneur Of The Year 2025 National Awards. The National Award winners, including the Entrepreneur Of The Year National Overall Award winner, will be announced in November 2025.

    About Entrepreneur Of The Year
    Founded in 1986, Entrepreneur Of The Year has celebrated more than 11,000 ambitious visionaries who are leading successful, dynamic businesses in the US, and it has since expanded to nearly 60 countries globally. The US program consists of 17 regional programs whose panels of independent judges select the regional award winners every June. Those winners compete for national recognition at the Strategic Growth Forum® in November where National finalists and award winners are announced. The overall National winner represents the US at the EY World Entrepreneur Of The Year™ competition. Visit ey.com/us/eoy.

    About Progress Software
    Progress Software (Nasdaq: PRGS) empowers organizations to achieve transformational success in the face of disruptive change. Our software enables our customers to develop, deploy and manage responsible AI-powered applications and digital experiences with agility and ease. Customers get a trusted provider in Progress, with the products, expertise and vision they need to succeed. Over 4 million developers and technologists at hundreds of thousands of enterprises depend on Progress. Learn more at www.progress.com.

    Progress is a trademark or registered trademark of Progress Software Corporation and/or its subsidiaries or affiliates in the U.S. and other countries. Any other names contained herein may be trademarks of their respective owners.

    Press Contacts:
    Kim Baker
    Progress Software
    +1-800-477-6473
    pr@progress.com

    A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7fd7178e-98af-40f6-8027-c19233524eee

    The MIL Network –

  • MIL-OSI: Traliant wins prestigious Telly Award for inclusion training, launches 2025 update to reflect latest laws and guidance

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) — Traliant, a leader in online compliance training, today announced an enhanced version of its Creating Inclusive Workplaces training course – recently honored with a Telly Award for Immersive & Interactive Content. The 2025 update incorporates the latest federal, state and local laws, along with current guidance from the Department of Justice (DOJ), Equal Employment Opportunity Commission (EEOC), and recent Executive Orders related to diversity, equity, and inclusion (DEI).

    Traliant’s Creating Inclusive Workplaces explores core concepts that promote inclusive values and behaviors. Rooted in anti-discrimination and inclusive leadership principles, the course is aligned with evolving compliance requirements and best practices. Learners are guided by an AI learning assistant, Mira, through realistic workplace scenarios — such as team meetings, coffee chats and group messages — where inclusion challenges often arise. A newly introduced adaptive learning format provides learners with the opportunity to complete the training in as little as seven minutes, allowing for greater flexibility for today’s fast-paced work environments.

    “Inclusion is key to creating workplaces where people feel respected, engaged and ready to do their best,” said Casey Heck, Senior Vice President of HR at Traliant. “With our new adaptive course format, employees can demonstrate what they know and wrap up training in under seven minutes — making it easier for HR teams to efficiently build inclusive habits without impacting productivity.”

    The Creating Inclusive Workplaces is one of several inclusion-focused training courses refreshed for 2025. Updated in collaboration with in-house legal experts, these courses provide HR and compliance leaders with impactful tools to support inclusion programs through legally sound, timely content that reflect current regulations and evolving workplace expectations, including:

    A recent Traliant study underscores the ongoing need for meaningful inclusion efforts: while most employers and employees view inclusion as vital to retention, innovation, and performance, nearly a third of employees still report feeling excluded or marginalized at work. Traliant’s continuously monitored and maintained training courses help close this gap with engaging, modern solutions that align inclusive values with everyday workplace behavior and decision-making.

    To learn more about Traliant, visit: https://www.traliant.com/.

    About Traliant
    Traliant, a leader in compliance training, is on a mission to help make workplaces better, for everyone. Committed to a customer promise of “compliance you can trust, training you will love,” Traliant delivers continuously compliant online courses, backed by an unparalleled in-house legal team, with engaging, story-based training designed to create truly enjoyable learning experiences.
      
    Traliant supports over 14,000 organizations worldwide with a library of curated essential courses to broaden employee perspectives, achieve compliance and elevate workplace culture, including sexual harassment training, inclusion training, code of conduct training, and many more.  
      
    Backed by PSG, a leading growth equity firm, Traliant holds a coveted position on Inc.’s 5000 fastest-growing private companies in America for four consecutive years, along with numerous awards for its products and workplace culture. For more information, visit http://www.traliant.com and follow us on LinkedIn. 

    Contact
    Reagan Bennet
    traliant@v2comms.com

    The MIL Network –

  • MIL-OSI: Traliant wins prestigious Telly Award for inclusion training, launches 2025 update to reflect latest laws and guidance

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) — Traliant, a leader in online compliance training, today announced an enhanced version of its Creating Inclusive Workplaces training course – recently honored with a Telly Award for Immersive & Interactive Content. The 2025 update incorporates the latest federal, state and local laws, along with current guidance from the Department of Justice (DOJ), Equal Employment Opportunity Commission (EEOC), and recent Executive Orders related to diversity, equity, and inclusion (DEI).

    Traliant’s Creating Inclusive Workplaces explores core concepts that promote inclusive values and behaviors. Rooted in anti-discrimination and inclusive leadership principles, the course is aligned with evolving compliance requirements and best practices. Learners are guided by an AI learning assistant, Mira, through realistic workplace scenarios — such as team meetings, coffee chats and group messages — where inclusion challenges often arise. A newly introduced adaptive learning format provides learners with the opportunity to complete the training in as little as seven minutes, allowing for greater flexibility for today’s fast-paced work environments.

    “Inclusion is key to creating workplaces where people feel respected, engaged and ready to do their best,” said Casey Heck, Senior Vice President of HR at Traliant. “With our new adaptive course format, employees can demonstrate what they know and wrap up training in under seven minutes — making it easier for HR teams to efficiently build inclusive habits without impacting productivity.”

    The Creating Inclusive Workplaces is one of several inclusion-focused training courses refreshed for 2025. Updated in collaboration with in-house legal experts, these courses provide HR and compliance leaders with impactful tools to support inclusion programs through legally sound, timely content that reflect current regulations and evolving workplace expectations, including:

    A recent Traliant study underscores the ongoing need for meaningful inclusion efforts: while most employers and employees view inclusion as vital to retention, innovation, and performance, nearly a third of employees still report feeling excluded or marginalized at work. Traliant’s continuously monitored and maintained training courses help close this gap with engaging, modern solutions that align inclusive values with everyday workplace behavior and decision-making.

    To learn more about Traliant, visit: https://www.traliant.com/.

    About Traliant
    Traliant, a leader in compliance training, is on a mission to help make workplaces better, for everyone. Committed to a customer promise of “compliance you can trust, training you will love,” Traliant delivers continuously compliant online courses, backed by an unparalleled in-house legal team, with engaging, story-based training designed to create truly enjoyable learning experiences.
      
    Traliant supports over 14,000 organizations worldwide with a library of curated essential courses to broaden employee perspectives, achieve compliance and elevate workplace culture, including sexual harassment training, inclusion training, code of conduct training, and many more.  
      
    Backed by PSG, a leading growth equity firm, Traliant holds a coveted position on Inc.’s 5000 fastest-growing private companies in America for four consecutive years, along with numerous awards for its products and workplace culture. For more information, visit http://www.traliant.com and follow us on LinkedIn. 

    Contact
    Reagan Bennet
    traliant@v2comms.com

    The MIL Network –

  • MIL-OSI: Atsign Launches MCP NoPorts: Securing and Accelerating Private AI Deployments

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, Calif., June 18, 2025 (GLOBE NEWSWIRE) — Atsign, a leader in pre-emptive security and zero-trust connectivity, today announced MCP NoPorts™, a ground-breaking solution for securely deploying AI models and Model Context Protocol (MCP) servers. NoPorts directly solves the critical vulnerabilities and deployment bottlenecks facing enterprises integrating AI with their sensitive data and systems.

    The promise of AI — from automated decisions to real-time responses — relies on AI agents directly interacting with real-world applications. This requires exposing MCP servers that bridge AI to critical backend operations, often over standard HTTP. This inherent exposure creates a massive security risk, making valuable intellectual property and sensitive data vulnerable to external threats.

    “The real power of AI comes from its ability to automate complex processes, but this is constantly undermined by security risks which severely delays deployments,” said Colin Constable, Atsign Co-Founder and CTO. “NoPorts is a game-changer. We’re fundamentally changing how AI assets are protected and deployed by making them invisible and securing every interaction from the ground up. Businesses can now leverage full AI potential without compromising security or deployment speed.”

    NoPorts Solves AI’s Core Security & Deployment Challenges

    1. Eliminates AI Exposure (Pre-Emptive Security)
      1. Invisible Infrastructure – MCP NoPorts eliminates open ports on AI inference nodes, data services, and MCP servers. This removes network attack surfaces entirely, preventing discovery by botnets and external reconnaissance. They can’t attack what they can’t see.
      2. Cryptographic Identity Access – Every AI model, tool, or service is assigned a unique, cryptographically authenticated identity. This eliminates the need for vulnerable tokens or shared secrets. Access is granted only after identity is confirmed, delivering a zero-trust architecture that directly prevents unauthorized access and AI agent impersonation before any interaction with your tools occurs.
      3. Prevents Sensitive Data Exposure & Malicious Invocations
        1. End-to-End Encrypted Connections – All communication to and from private AI models and MCP servers is fully encrypted by Atsign’s NoPorts, safeguarding sensitive data, proprietary logic, and AI interactions from eavesdropping and tampering, thereby preventing sensitive data exposure.
        2. Accelerates AI Deployments
          1. No IT Bottlenecks – NoPorts removes the need for complex firewall exceptions, static IPs, or VPN setups. Developers can securely deploy and connect AI models and MCP servers in minutes, not weeks, freeing IT and networking teams from tedious configurations.
          2. Streamlined Collaboration – Securely connect developers, AI models, MCP servers and other systems globally, making seamless collaboration possible without exposing any of them to external threats.

            3. NoPorts delivers what enterprise AI platform buyers require: the ability to roll out AI initiatives quickly and with unparalleled security. Traditional network protections were never designed for non-human agents or autonomous tool invocation. NoPorts addresses this critical gap, rendering AI models and MCP tools truly invisible and securing every interaction without relying on firewalls or shared secrets like API keys.

            For more information, visit the MCP NoPorts page.

            About Atsign

            At Atsign, we believe that people, entities (e.g. AI), and things should connect securely and directly, while always being invisible to bad actors. By eliminating the need for open ports and centralized servers, the atPlatform empowers developers and organizations to build applications with “invisible” security built in, placing data and device control back into the hands of their owners. Atsign is the creator of the atPlatform, the most robust infrastructure available for “invisible networking” and secure, private, peer-to-peer connectivity. Learn more at Atsign.com.

            For More Information Contact
            Scott Hetherington
            Atsign
            Scott@Atsign.com
            844-827-0985

          The MIL Network –

  • MIL-OSI: ibex Donates $25,000 to Wounded Warrior Project

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON, June 18, 2025 (GLOBE NEWSWIRE) — ibex (NASDAQ: IBEX), a leading global provider of business process outsourcing (BPO) and AI-powered customer engagement technology solutions, is proud to announce a $25,000 donation to Wounded Warrior Project® (WWP) as part of ibex CaresTM, the company’s global philanthropic program. This contribution supports WWP’s mission, which focuses on the total well-being of post-9/11 wounded, ill, or injured veterans. From PTSD treatments to essential long-term care, the nonprofit is empowering warriors to thrive – physically, mentally, and financially – for a lifetime.

    WWP began in 2003 by delivering backpacks filled with comfort items to the bedsides of wounded warriors – along with a powerful promise to stand by them as they healed and rebuilt their lives. Today, WWP is the nation’s leading veterans service organization, providing essential lifelines to warriors, their families, and caregivers. Thanks to support from generous Americans and organizations, WWP can serve warriors and their families at no cost to them.

    “On behalf of ibex and our many veterans, we are proud to make this donation to help support our nation’s wounded veterans,” said ibex Chief People Officer Paul Inson. “Supporting the mission of Wounded Warrior Project fits perfectly with our core values of compassion and community service. We believe it’s not just a responsibility but a privilege to give back to those who have given so much for our country.”

    The donation is part of ibex Cares, which supports charitable organizations across ibex’s operational regions. ibex Cares also encourages employees to volunteer and donate to local causes, promoting meaningful connections and driving positive change in communities worldwide.

    “We must never forget the cost of freedom,” said Brea Kratzert Todd, WWP Vice President of Business Development. “Supporters like ibex make it possible for Wounded Warrior Project to provide life-changing programs and be there for warriors throughout their lifetime.”

    As ibex continues to grow, the company remains dedicated to expanding its charitable impact and nurturing a culture of giving back across its global operations.

    “I applaud our team for their amazing generosity and compassion,” said Christy O’Connor, Chief Legal Officer at ibex. “I am personally involved with Wounded Warrior’s Battalion West, where my dog has been a therapy dog to wounded warriors for six years and helped save numerous lives. Giving is in our DNA and is just one more thing that makes ibex special.”

    About ibex

    ibex delivers innovative business process outsourcing (BPO), smart digital marketing, online acquisition technology, and end-to-end customer engagement solutions to help companies acquire, engage and retain valuable customers. Today, ibex operates a global CX delivery center model consisting of 31 operations facilities around the world, while deploying next generation technology to drive superior customer experiences for many of the world’s leading companies across retail, e-commerce, healthcare, fintech, utilities and logistics.

    ibex leverages its diverse global team of approximately 31,000 employees together with industry-leading technology, including the AI-powered ibex Wave iX solutions suite, to manage nearly 175 million critical customer interactions, adding over $2.2B in lifetime customer revenue each year and driving a truly differentiated customer experience. To learn more, visit our website at ibex.co and connect with us on LinkedIn.

    About Wounded Warrior Project

    Wounded Warrior Project is our nation’s leading veteran services organization, focused on the total well-being of post-9/11 wounded, ill, or injured veterans. Our programs, advocacy, and awareness efforts help warriors thrive, provide essential lifelines to families and caregivers, and prevent veteran suicides. Learn more about Wounded Warrior Project.

    Media Contact:
    Dan Burris
    ibex
    Daniel.Burris@ibex.co

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ee99ff99-ccc2-43f4-a5af-da11ebe31725

    The MIL Network –

  • MIL-OSI: Wix Further Expands into Vibe Coding with Acquisition of Base44, a Hyper-Growth Startup that Simplifies Web and App Creation with AI

    Source: GlobeNewswire (MIL-OSI)

    Base44 delivers effortless, code-free digital creation through an intuitive, conversational AI experience, which is expected to expand Wix’s reach to new audiences worldwide

    NEW YORK— Today Wix.com Ltd. (Nasdaq: WIX), the leading SaaS website builder platform globally1, announced its acquisition of Base44, an AI-powered platform that enables anyone to create fully-functional, custom software solutions and applications using natural language, without the need for traditional coding. The acquisition adds a powerful new arm to Wix’s AI portfolio, expanding its suite of intelligent solutions that empower anyone to build and grow online. 

    The tech landscape is undergoing a major transformation as vibe coding gains momentum, shifting creation from manual development to intent-driven software development. This new approach allows people to simply express what they want to build, while intelligent agents do the heavy lifting. As demand grows for tools that turn ideas into reality through conversation and intuition rather than code, Wix is working to make the digital world more accessible and creative than ever before. Read CEO Avishai Abrahami’s blog about his vision and the way Wix is shaping this future here.

    Base44’s unique approach offers a fully automated, chat-based interface that manages technical details behind the scenes, from databases and authentication to deployment – removing the need for third-party integrations or manual setup. This groundbreaking approach opens the door for anyone, regardless of technical expertise, to create production-ready, scalable applications quickly and effortlessly. With proven traction in the market, including B2B partnerships with leaders like eToro and SimilarWeb, Base44 is a powerful addition to the Wix AI portfolio – furthering the company’s mission to make innovation accessible to creators and businesses worldwide.

    “This acquisition marks a pivotal milestone in Wix’s commitment to transforming creation online,” said Avishai Abrahami, CEO and Co-founder of Wix. “Maor and his team at Base44 bring cutting-edge technology, strong market penetration, and visionary leadership that seamlessly align with Wix’s dedication to enabling users at all levels of expertise to express their intent while intelligent agents manage execution. Maor’s exceptional talent and innovative mindset will reinforce Wix’s mission to push the boundaries of AI-driven creation and  accelerate the evolution of intuitive, intelligent tools that redefine how digital experiences are built and enjoyed.”

    “I honestly can’t think of a better fit. Wix is probably the only company that can help Base44 achieve the scale and distribution it needs while maintaining, if not accelerating, our product velocity,” said Maor Shlomo, CEO of Base44. “Our market is massive. It has the potential to replace entire software categories by enabling people to create software instead of buying it. Wix’s DNA – its customer obsession, innovation, and speed – perfectly aligns with ours, and its scale will catapult Base44 forward at exactly the right time.”

    Base44 will continue to operate as a distinct product and business, maintaining its unique identity and momentum while benefiting from the scale and support of Wix.

    Transaction Terms

    Under the terms of the agreement, Wix acquired Base44 for initial consideration of approximately $80 million plus additional earn-out payments paid through 2029 predicated upon certain performance metrics.

    We expect this transaction to have an inconsequential contribution to 2025 bookings and revenue. We expect to incur approximately $25 million in retention bonus payments paid to Base44 employees in 2025 as part of the above initial consideration paid on the transaction, which will be excluded from non-GAAP and free cash flow (FCF) results.

    About Wix.com Ltd.

    Wix is the leading SaaS website builder platform1 to create, manage and grow a digital presence. Founded  in 2006, Wix is a comprehensive platform providing users – self-creators, agencies, enterprises, and more – with industry-leading performance, security, AI capabilities and a reliable infrastructure. Offering a wide range of commerce and business solutions, advanced SEO and marketing tools, the platform enables users to take full ownership of their brand, their data and their relationships with their customers. With a focus on continuous innovation and delivery of new features and products, users can seamlessly build a powerful and high-end digital presence for themselves or their clients. 

    For more about Wix, please visit our Press Room
    Media Relations Contact:  PR@wix.com  

    1 Based on number of active live sites as reported by competitors’ figures, independent third-party data and internal data as of Q1 2025.

    About Base44
    Base44 is an innovative AI-powered platform that enables users to build custom software applications effortlessly using natural language, eliminating the need for traditional coding. Founded with a vision to democratize software creation, Base44 combines cutting-edge AI technologies—including code generation and multi-agent orchestration—to empower self-creators, developers, and businesses to rapidly design, deploy, and scale tailored digital solutions. With a growing user base and a focus on seamless, intuitive experiences, Base44 drives the future of no-code development by unlocking new levels of creativity and efficiency for a diverse range of users.

    Forward-Looking Statements

    This document contains forward-looking statements, within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Such forward-looking statements may be identified by words like “anticipate,” “assume,” “believe,” “aim,” “forecast,” “indication,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “subject,” “project,” “outlook,” “future,” “will,” “seek” and similar terms or phrases. The forward-looking statements contained in this document are based on management’s current expectations, which are subject to uncertainty, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Important factors that could cause our actual results to differ materially from those indicated in the forward-looking statements include, among others, our ability to achieve the expected benefits from the acquisition of Base44, our ability to attract and retain registered users and partners, and generate new premium subscriptions and additional business solutions as we continuously adjust our marketing strategy and customer care; maintenance of our brand and reputation, and generation of revenue from sources other than premium subscriptions; risks associated with international operations and the use of platform in various countries; risks related to the macroeconomic environment and ongoing global conflicts; security risks and payment risks and fluctuations in foreign currency exchange rates; failures of third-party hardware, software and infrastructure on which we rely, or failure to manage the operation of our infrastructure; adverse market conditions, including inflation, interest rates and other adverse developments that may adversely affect our cash balances and investment portfolio; our history of operating losses and inability to achieve sustained profitability; downturns or upturns in sales are not immediately reflected in full in our operating results; our ability to repurchase our ordinary shares and/or 0.00% Convertible Senior Notes due 2025 pursuant to our repurchase program; our ability to raise capital when needed or on acceptable terms; risks related to acquisitions and investments, pricing decisions, pandemics, natural disasters and other catastrophic events; our ability to develop and introduce new products and services, as well as maintain third-party products and our ability to keep up with rapid changes in design and technology; our ability to attract and retain qualified employees and key personnel; our ability to attract a diversified customer base and increased competition; our ability to maintain compatibility of our platform and solutions with changes in third-party applications and changes to technologies used in our solutions; our ability to acquire and service small business users; risks related to security breaches and unauthorized access to data or cyberattacks; our expectation regarding the uncertain future relationship between the United States and other countries with respect to trade policies, taxes, government regulations, and tariffs; our ability to comply with the regulations applicable to our operations, including new governmental regulations regarding the internet, consumer protection, artificial intelligence (“AI”), privacy and data protection laws and regulations, as well as contractual privacy and data protection obligations; risks relating to intellectual property, including infringements, litigation and claims, and our ability to maintain and protect our intellectual property rights and proprietary information; our expectations regarding the outcome of any regulatory investigation or litigation, including class actions; risks related to the development and integration of AI, generative AI, agentic AI, machine learning, and similar tools into our offerings, and compliance with the regulatory environment impacting AI and AI-related activities; risks related to activities of registered users or content of their websites, and risks related to domain names and industry regulations; risks related to compliance with laws and regulations, including those related to economic sanctions, tariffs, export controls, anti-corruption and anti-money laundering, antitrust, and consumer protection, and changes in these laws and regulations; risks related to tax, including application of indirect taxes, tax laws, changes in tax laws or changes in provision for income tax and examination of income tax returns; risks related to ordinary shares, activist shareholders, and our status as a foreign private issuer; risks related to our incorporation and location in Israel, including conflicts in the area; our expectations regarding future changes in our cost of revenues and our operating expenses on an absolute basis and as a percentage of our revenues; our planned level of capital expenditures and our belief that our existing cash and cash from operations will be sufficient to fund our operations for at least the next 12 months and for the foreseeable future; and our ability to enter into new markets and attract new customer demographics, including our ability to successfully attract new partners and large enterprise-level users and to grow our activities, including through the adoption of our Wix Studio product, with these customer types as anticipated and other factors discussed under the heading “Risk Factors” in the Company’s annual report on Form 20-F for the year ended December 31, 2024 filed with the Securities and Exchange Commission on March 21, 2025. The preceding list is not intended to be an exhaustive list of all of the risks that may impact our forward-looking statements. Any forward-looking statement made by us in this press release speaks only as of the date hereof. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise.

    Attachment

    The MIL Network –

  • MIL-OSI: Moomoo Gears Up to Celebrate New York Mets’ 50th Victory with a $20,000 Fan Giveaway, Announces 25th Win Prize Recipient with $10,000

    Source: GlobeNewswire (MIL-OSI)

    JERSEY CITY, N.J., June 18, 2025 (GLOBE NEWSWIRE) — Moomoo, a global investment and trading platform, is getting ready to celebrate with New York Mets fans with a $20,000 giveaway as the Mets approach the exciting 50th win of the 2025 MLB season. Moomoo also congratulates the Mets on achieving their 25th win by giving $10,000 to the sweepstakes winner – H Smith from Queens, New York. This milestone also activated the first major prize in moomoo’s season-long fan engagement campaign.

    As part of the strategic partnership with the Mets, moomoo pledged to contribute $10,000 to a special prize fund for every team victory. With the Mets reaching 25 wins, H Smith becomes the first moomoo user to win the first prize of this ongoing sweepstakes. As the season progresses, subsequent milestone achievements including 50, 75, and 100 wins will lead to increased prizes for each milestone and a potential $1 million grand prize for a lucky moomoo investor.

    At this time, fans are encouraged to create their moomoo account and make a qualifying deposit soon for a chance to win the $20,000 prize after the team records its 50th win.

    “We’re excited to officially kickoff the prize portion of this special partnership with the Mets, and reward Mets fans and moomoo users by creating special experiences like this,” said Neil McDonald, moomoo US’s CEO. “Our partnership with the Mets aims at creating memorable experiences for fans and investors alike and we can’t wait to see what the rest of the season will bring.”

    In addition to the cash awards, moomoo will host Moomoo Mondays at Mets games: every Monday home game during the 2025 regular season moomoo will be giving away up to 500 free tickets to fans. To be eligible, fans will simply show the moomoo Monday Mets ticket offer on their moomoo app at the Mets Box Office at the ballpark. Each Monday, fans can expect prizes and surprises during their Citi Field experience, including free promotional items.

    About moomoo
    Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make more-informed investment decisions. With advanced charting tools, pro-level analytical features, moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.
    Founded in the U.S., moomoo operates globally, serving investors in countries such as the US, Singapore, Australia, Japan, Canada and Malaysia. As a subsidiary of a Nasdaq-listed Futu Holdings (FUTU), we take pride in our role as a global strategic partner of the Nasdaq, earning numerous international accolades from renowned industry leaders such as Benzinga and Fintech Breakthrough. Moomoo has also received multiple awards in the US, Singapore, and Australia for its innovative, inclusive approach to investing.

    For more information, please visit moomoo’s official website at www.moomoo.com or feel free to email us: pr@us.moomoo.com.

    Purchase will not improve chances of winning. Void where prohibited. 18+. Open to permanent legal U.S. residents residing in NY, NJ, CT, or PA. Starts 4/4/2025. Various deadlines may apply. Entries must be received by 11:59 pm ET on 9/28/2025 or earlier if the Mets win 100 games. Enter for free at Free entry link. Prize restrictions apply. For details/Official Rules visit bit.ly/moomoomillion_Rules

    The Mets are not affiliated with moomoo or its affiliates. Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. Securities offered through Moomoo Financial Inc., Member FINRA/SIPC. Investing is risky.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3d63025a-3e11-40b6-9a13-20cfa71d5a5e

    The MIL Network –

  • MIL-OSI: Rate Insurance Awarded Platinum Level 2025 Bell Seal Award for Workplace Mental Health

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, June 18, 2025 (GLOBE NEWSWIRE) — Rate Insurance, LLC, a subsidiary of Rate and one of the fastest-growing national personal lines and small commercial insurance brokers, has been awarded the Platinum Level 2025 Bell Seal for Workplace Mental Health by Mental Health America (MHA).

    This certification recognizes Rate Insurance’s commitment to fostering a mentally healthy work environment through thoughtful, employee-driven change. The company earned this distinction by listening to employee feedback collected through company-wide surveys and acting on that input, restructuring its management approach, and introducing a dedicated role focused on improving workplace culture.

    “Earning the Bell Seal certification means a great deal to us,” said Jeff Wingate, President of Rate Insurance. “It reminds us that investing in mental health and support is essential to building a workplace where everyone can grow and feel valued. This recognition encourages us to keep strengthening our commitment to every individual’s well-being.”

    Rate Insurance joins a select group of organizations recognized in 2025 for prioritizing mental health. This year, 359 eligible employers across 21 industries and 40 states evaluated their policies and practices impacting employee mental health and well-being. The Bell Seal is MHA’s national employer certification program, awarded at bronze, silver, gold, and platinum levels.

    Learn more and view the full list of recipients here: https://mhanational.org/bell-seal-certification/bell-seal-recipients/

    About Rate Insurance
    Rate Insurance is a national insurance brokerage licensed in all 50 states that offers comprehensive personal, commercial, specialty, and life insurance products. Founded in 2008 and owned by Guaranteed Rate d/b/a Rate, operating as Guaranteed Rate, Inc. in New York, Rate Insurance has been recognized as a Top 50 Personal Lines Agency and a Top 100 Property & Casualty Agency in the U.S. Additionally, the company has been honored as the 2023 Agent for the Future, Outstanding Overall Agency Award winner.

    Rate Insurance has built a reputation for exceptional customer service, as demonstrated by its 4.9-star rating from over 3.5k Google-verified reviews. Combining a growing team of insurance agents and a cutting-edge digital platform, Rate Insurance leverages its relationships with over 100 top-rated insurance carriers to provide customers with competitive rates and a personalized shopping experience. For more information, visit rate.com/insurance.

    © Rate Insurance, LLC is licensed in all 50 states (d/b/a Rate Insurance Agency, LLC in California (License 0K09890), Michigan, Minnesota, North Dakota, New York, and Texas).

    Media Contact

    press@rate.com

    The MIL Network –

  • MIL-OSI: NexQloud Closes $2.3M Pre-Seed Round, Surpasses 1,850 NanoServers Deployed, Outpaces Traditional Data Centers in Efficiency—and Pursues FedRAMP for Public Sector Expansion

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., June 18, 2025 (GLOBE NEWSWIRE) — NexQloud, a startup in decentralized cloud computing infrastructure, today announced the successful close of its $2.3 million Pre-Seed funding round under a Reg CF exemption. The raise, completed with fully audited financials, marks a significant milestone and confirms market appetite for decentralized computing solutions that reward individuals and organizations for contributing their hardware to the cloud.

    The company now enters a new phase of growth, backed by a 12-month runway and plans to launch a $5 million Seed Round to accelerate proof of market fit for its Distributed Kubernetes Service (DKS) and expand into three additional cloud service verticals designed to serve the growing demand from AI organizations, SaaS providers, and DevOps teams.

    “This funding validates what we’ve always believed — that the future of cloud computing is decentralized, energy efficient, and eco-friendly,” said Mauro Terrinoni, CEO of NexQloud. “With over 1,850 NanoServers live, we’ve demonstrated not only demand but global scalability. Now, we’re focused on unlocking enterprise and federal adoption with even greater ambition.”

    1,850+ NanoServers Now Deployed Across 10 Countries

    Since its last milestone announcement of 1,250 units, NexQloud has rapidly expanded to over 1,850 NanoServers across ten countries, including the United States, United Kingdom, Canada, Belgium, Australia, Vietnam, Switzerland, Germany, India, and Jamaica. This marks a 48% growth since its last update, demonstrating strong contributor momentum and global adoption.

    Built on mobile CPU architecture, each NanoServer operates with just 12% of the energy consumed by traditional rackmount servers. The result: 88% energy savings with identical computational performance. These energy-efficient devices operate 24/7 with minimal cooling or infrastructure overhead, creating a sustainable, community-powered alternative to centralized data centers.

    To date NexQloud’s Distributed Compute Platform (DCP) now comprises:

    • 54,820 virtual CPUs (vCPUs) — powering compute-intensive enterprise workloads
    • 158.83 terabytes of RAM — supporting large-scale, memory-driven applications
    • 849 AI-capable GPUs — enabling real-time machine learning, inference, and analytics

    NexQloud’s DCP Matches Enterprise Data Center Power—Without the Real Estate

    To contextualize the scale of its current infrastructure, NexQloud’s DCP now delivers the performance equivalent of a mid-sized enterprise-grade data center, comprising approximately 70 traditional server racks. The platform can support between 500,000 and 750,000 concurrent users for web-based applications, while simultaneously powering tens of thousands of containerized workloads across its Distributed Kubernetes Service (DKS).

    In addition, NexQloud’s GPU infrastructure can support hundreds of parallel AI inference, training, and rendering tasks, enabling enterprise-scale AI computing at a fraction of typical cost. Remarkably, this level of compute was achieved without building a single data center— and with new devices coming online daily, NexQloud’s DCP will continue to grow in scale and resilience.

    Eliminating Infrastructure Costs, Saving Energy, Reducing Emissions

    If built traditionally, this infrastructure would require an estimated $7.5 million in capital expenditures. NexQloud eliminates these costs entirely by leveraging decentralized ownership and contributor-operated devices, with the potential to deliver:

    • Annual electricity savings: Over 6.94 million kWh, equal to $832,550 in avoided energy costs
    • CO₂ emissions avoided: Approximately 2,895 metric tons per year, equivalent to removing 640 cars from the road
    • Environmental impact: Comparable to planting 133,000 mature trees annually

    “This is more than cloud infrastructure — it’s a major shift in how compute is produced, powered, and rewarded,” added Terrinoni. “With the theoretical ability to add millions of devices, we are poised to do for computing what the internet did for information —decentralize it, distribute it, and redefine it.”

    Pursuing FedRAMP to Unlock Government Cloud Contracts

    Lastly, the company announces its intent to pursue FedRAMP certification to unlock opportunities with U.S. government agencies. As one of the largest consumers of traditional cloud infrastructure, the U.S. government represents a high-value target. NexQloud’s pursuit of FedRAMP is a strategic move to access public sector contracts and expand into one of the most regulated and defensible segments of the cloud market.

    About NexQloud

    NexQloud is redefining cloud infrastructure by combining blockchain, AI, and a global network of energy-efficient NanoServers into a scalable, secure, and environmentally responsible computing platform. Through its NXQ token economy and Distributed Kubernetes Service (DKS), NexQloud offers individuals and enterprises an inclusive alternative to centralized hyperscale providers.

    Media Contact:
    Mauro Terrinoni, CEO
    Email: mterrinoni@nexqloud.io
    Phone: +1 669 241 0916
    Website: www.nexqloud.io

    The MIL Network –

  • MIL-OSI: Rightworks Marks Four-Year Milestone After Winning Nine Badges in G2 Spring 2025 Reports

    Source: GlobeNewswire (MIL-OSI)

    NASHUA, N.H., June 18, 2025 (GLOBE NEWSWIRE) — Rightworks, the only intelligent cloud service provider of solutions purpose-built for accounting firms and professionals, is proud to announce that its OneSpace platform was awarded nine badges in G2’s Spring 2025 Reports. This recognition marks a milestone for Rightworks, as the company celebrates four years earning top honors in G2’s quarterly reports, further establishing its reputation as a leading and consistently recognized provider for the accounting profession.

    In G2’s Spring 2025 Reports, Rightworks earned the following badges:

    • Leader
    • Leader — Small-Business
    • Momentum Leader
    • High Performer — Mid-Market
    • Best Relationship — Mid-Market
    • Easiest To Do Business With — Mid-Market
    • Best Support — Mid-Market
    • Easiest To Use — Mid-Market
    • Users Love Us

    “Every quarter, G2 ranks the best products across thousands of reports by category, company size, geography, and report type,” said Sydney Sloan, CMO of G2. “These reports serve as tailored guides for software buyers researching solutions that meet their specific business needs. Congratulations to Rightworks for appearing in our G2 Reports this season, thanks to the positive experiences shared by their customers.”

    Each year, over 100 million people turn to G2 for authentic peer reviews to make smarter software decisions. Thanks to positive feedback from verified users, Rightworks earned both “Leader” and “High Performer” recognition, standing out among similar products in each category. According to G2’s Spring 2025 Reports, for the most recent quarter, only 4% of software and services received a Leader badge.

    “We are honored to receive nine badges from G2 as we mark our fourth year of consistent recognition. This milestone shows our commitment to addressing the unique challenges of accounting professionals with our holistic solutions backed by our team of customer service experts,” said Joel Hughes, CEO of Rightworks.

    To read user reviews and learn more, visit Rightworks’ G2 page.

    Connect with Rightworks
    Visit our newsroom; read our blog; and follow us on LinkedIn, Facebook, and Instagram.

    About Rightworks
    Rightworks enables accounting firms and businesses to significantly simplify operations and expand their value to clients via our award-winning intelligent cloud and learning resources. This is possible with Rightworks OneSpace, the only secure cloud platform purpose-built for the accounting and tax profession, and our premier community for firm optimization, growth, and professional development. Founded in 2002, we’ve grown to serve over 10,000 accounting firms in the US—from single practitioners to Top 10 firms. For more information, please visit rightworks.com or follow us on LinkedIn, Facebook, and Instagram.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4c33d241-11cf-4cfa-90e2-352973866997

    The MIL Network –

  • MIL-OSI: Intapp announces collaboration with Snowflake for enhanced analytics and industry insights

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., June 18, 2025 (GLOBE NEWSWIRE) — Intapp (NASDAQ: INTA), a leading global provider of AI-powered solutions for professionals at advisory, capital markets, and legal firms, today announced a new strategic collaboration with Snowflake, the AI Data Cloud company. Intapp client firms will now be able to quickly build and apply analytics across a broad set of firmwide data in the Snowflake AI Data Cloud, then leverage that information within Intapp DealCloud to further enrich their deal management capabilities.  

    This collaboration brings together Snowflake’s ability to combine data across key systems and DealCloud’s robust deal management capabilities which are underpinned by AI-powered workflows and data models. By leveraging the Snowflake AI Data Cloud, Intapp is helping advisory, capital markets, and legal firms to more easily apply analytics to their most relevant deal data.

    “Our clients are increasingly seeing the value in eliminating data silos across their firms and are turning to Snowflake to help them in this quest,” said Erin Guinan, General Manager of DealCloud at Intapp. “Forging this connection with Snowflake lets firms more easily build and apply analytics with firmwide data that inform deal-related decision-making and embed that information back into key workflows within DealCloud.”

    “Intapp’s commitment to helping Snowflake empower every enterprise to achieve its full potential through data and AI can be seen through the launch of our new integration with DealCloud,” said Rinesh Patel, Global Head of Financial Services at Snowflake. “We look forward to driving deeper value for joint customers by working with Intapp to allow firms to access richer insights across broad data sets underpinned by the proprietary insights they capture and manage in DealCloud.”

    About Intapp 
    Intapp software helps professionals unlock their teams’ knowledge, relationships, and operational insights to increase value for their firms. Using the power of Applied AI, we make firm and market intelligence easy to find, understand, and use. With Intapp’s portfolio of vertical SaaS solutions, professionals can apply their collective expertise to make smarter decisions, manage risk, and increase competitive advantage. The world’s top firms — across accounting, consulting, investment banking, legal, private capital, and real assets — trust Intapp’s industry-specific platform and solutions to modernize and drive new growth. For more information, visit intapp.com and LinkedIn. 

    Media contact:
    Ali Robinson
    Press@intapp.com

    The MIL Network –

  • MIL-OSI: Satellogic Poised to Deliver Its NextGen Satellite and Technology Transfer for Malaysia’s Earth Observation Satellite Program

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) — Satellogic, Inc. (NASDAQ: SATL), a leader in satellite manufacturing and high-resolution Earth observation data, is pleased to announce that Uzma Berhad, and by extension Satellogic as Uzma’s Technology Partner, has been selected as the successful bidder to lead the Malaysian High-Resolution Earth Observation Satellite Project (MHREOSP) for the Government of Malaysia.

    As a technology partner, Satellogic will design, develop, assemble, integrate and test a state-of-the-art high resolution satellite with active involvement of Malaysian personnel. This newest evolution of Satellogic’s proven platform, is built on the extensive heritage from over 50 NewSat satellites and features key upgrades, including superior National Imagery Interpretability Rating Scales (NIIRS) ratings, larger optics and enhanced sensor design, to deliver 50cm resolution across all spectral bands. Final integration and testing are planned to take place in Malaysia in collaboration with Uzma and local parties to support meaningful homegrown capacity development.

    This collaboration builds on the successful deployment of UzmaSAT-1 and underscores Satellogic’s commitment to delivering agile space solutions to its customers around the world. “Satellogic brings proven satellite technology and a commitment to agile innovation that aligns with our goals and the nation’s space aspirations, supporting the Malaysia Space Exploration 2030 Action Plan,” said Dato’ Kamarul Redzuan Muhamed, Group CEO of Uzma Berhad. “With the Government’s guidance, Satellogic’s expertise, and our homegrown talents, we are enabling Malaysia to leap forward in its geospatial intelligence capabilities and supporting the long-term sustainability of our national infrastructure and environment by nurturing local talent through knowledge sharing, technology transfer, and exposure to satellite technology. We look forward to help grow the ecosystem further, guided by the Malaysian Government and its agencies, including Malaysia’s Ministry of Science, Technology and Innovation (MOSTI), MYSA, the Public-Private Partnership Unit (UKAS), and Malaysian Industry-Government Group for High Technology (MIGHT).”

    The selection strengthens Satellogic’s expanding presence in Asia and reinforces its mission to democratize access to state-of-the-art space technology.
    “This partnership harnesses the power of commercial space to strengthen national sovereignty through proprietary space access,” said Emiliano Kargieman, CEO & Co-Founder of Satellogic. “We’re proud to support Malaysia’s forward-looking vision for space and to work alongside Uzma and GeospatialAI in delivering capabilities that will drive national resilience and innovation”

    About Satellogic

    Founded in 2010 by Emiliano Kargieman and Gerardo Richarte, Satellogic (NASDAQ: SATL) is the first vertically integrated geospatial company, driving real outcomes with planetary-scale insights. Satellogic is creating and continuously enhancing the first scalable, fully automated EO platform with the ability to remap the entire planet at both high-frequency and high-resolution, providing accessible and affordable solutions for customers.

    Satellogic’s mission is to democratize access to geospatial data through its information platform of high resolution images to help solve the world’s most pressing problems including climate change, energy supply, and food security. Using its patented Earth imaging technology, Satellogic unlocks the power of EO to deliver high-quality, planetary insights at the lowest cost in the industry.

    With more than a decade of experience in space, Satellogic has proven technology and a strong track record of delivering satellites to orbit and high-resolution data to customers at the right price point.

    To learn more, please visit: http://www.satellogic.com

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws. The words “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intends”, “may”, “might”, “plan”, “possible”, “potential”, “predict”, “project”, “should”, “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements are based on Satellogic’s current expectations and beliefs concerning future developments and their potential effects on Satellogic and include statements concerning Satellogic’s strategic realignment as a U.S. company, and the visibility and high growth opportunities it will provide in connection therewith. 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. These statements are based on various assumptions, whether or not identified in this press release. These forward-looking statements are provided for illustrative purposes only and are not intended to serve, and must not be relied on by an investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ
    from assumptions. Many actual events and circumstances are beyond the control of Satellogic. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) our ability to generate revenue as expected, including due to challenges created by macroeconomic concerns, geopolitical uncertainty (e.g., trade relationships), financial market fluctuations and related factors, (ii) our ability to effectively market and sell our EO services and to convert contracted revenues and our pipeline of potential contracts into actual revenues, (iii) risks related to the secured convertible notes, (iv) the potential loss of one or more of our largest customers, (v) the considerable time and expense related to our sales efforts and the length and unpredictability of our sales cycle, (vi) risks and uncertainties associated with defense-related contracts, (vii) risk related to our pricing structure, (viii) our ability to scale production of our satellites as planned, (ix) unforeseen risks, challenges and uncertainties related to our expansion into new business lines, (x) our dependence on third parties, including SpaceX, to transport and launch our satellites into space, (xi) our reliance on third-party vendors and manufacturers to build and provide certain satellite components, products, or services and the inability of these vendors and manufacturers to meet our needs, (xii) our dependence on ground station and cloud-based computing infrastructure operated by third pirates for value-added services, and any errors, disruption, performance problems, or failure in their or our operational infrastructure, (xiii) risk related to certain minimum service requirements in our customer contracts, (xiv) market acceptance of our EO services and our dependence upon our ability to keep pace with the latest technological advances, including those related to artificial intelligence and machine learning, (xv) our ability to identify suitable acquisition candidates or consummate acquisitions on acceptable terms, or our ability to successfully integrate acquisitions, (xvi) competition for EO services, (xvii) challenges with international operations or unexpected changes to the regulatory environment in certain markets, (xviii) unknown defects or errors in our products, (xix) risk related to the capital-intensive nature of our business and our ability to raise adequate capital to finance our business strategies, (xx) uncertainties beyond our control related to the production, launch, commissioning, and/or operation of our satellites and related ground systems, software and analytic technologies, (xxi) the failure of the market for EO services to achieve the growth potential we expect, (xxii) risks related to our satellites and related equipment becoming impaired, (xxiii) risks related to the failure of our satellites to operate as intended, (xxiv) production and launch delays, launch failures, and damage or destruction to our satellites during launch, (xxv) the impact of natural disasters, unusual or prolonged unfavorable weather conditions, epidemic outbreaks, terrorist acts and geopolitical events (including the ongoing conflicts between Russia and Ukraine, in the Gaza Strip and the Red Sea region) on our business and satellite launch schedules and (xxvi) the anticipated benefits of the domestication may not materialize. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Satellogic’s Annual Report on Form 10-K and other documents filed or to be filed by Satellogic from time to time with the Securities and Exchange Commission. 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 Satellogic assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Satellogic can give no assurance that it will achieve its expectations.

    Contacts

    Investor Relations:

    Ryan Driver, VP of Strategy & Corporate Development 

    ryan.driver@Satellogic.com

    Media Relations:

    Satellogic

    pr@Satellogic.com

    Uzma Berhad

    communications@uzmagroup.com

    The MIL Network –

  • MIL-OSI: Satellogic Poised to Deliver Its NextGen Satellite and Technology Transfer for Malaysia’s Earth Observation Satellite Program

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) — Satellogic, Inc. (NASDAQ: SATL), a leader in satellite manufacturing and high-resolution Earth observation data, is pleased to announce that Uzma Berhad, and by extension Satellogic as Uzma’s Technology Partner, has been selected as the successful bidder to lead the Malaysian High-Resolution Earth Observation Satellite Project (MHREOSP) for the Government of Malaysia.

    As a technology partner, Satellogic will design, develop, assemble, integrate and test a state-of-the-art high resolution satellite with active involvement of Malaysian personnel. This newest evolution of Satellogic’s proven platform, is built on the extensive heritage from over 50 NewSat satellites and features key upgrades, including superior National Imagery Interpretability Rating Scales (NIIRS) ratings, larger optics and enhanced sensor design, to deliver 50cm resolution across all spectral bands. Final integration and testing are planned to take place in Malaysia in collaboration with Uzma and local parties to support meaningful homegrown capacity development.

    This collaboration builds on the successful deployment of UzmaSAT-1 and underscores Satellogic’s commitment to delivering agile space solutions to its customers around the world. “Satellogic brings proven satellite technology and a commitment to agile innovation that aligns with our goals and the nation’s space aspirations, supporting the Malaysia Space Exploration 2030 Action Plan,” said Dato’ Kamarul Redzuan Muhamed, Group CEO of Uzma Berhad. “With the Government’s guidance, Satellogic’s expertise, and our homegrown talents, we are enabling Malaysia to leap forward in its geospatial intelligence capabilities and supporting the long-term sustainability of our national infrastructure and environment by nurturing local talent through knowledge sharing, technology transfer, and exposure to satellite technology. We look forward to help grow the ecosystem further, guided by the Malaysian Government and its agencies, including Malaysia’s Ministry of Science, Technology and Innovation (MOSTI), MYSA, the Public-Private Partnership Unit (UKAS), and Malaysian Industry-Government Group for High Technology (MIGHT).”

    The selection strengthens Satellogic’s expanding presence in Asia and reinforces its mission to democratize access to state-of-the-art space technology.
    “This partnership harnesses the power of commercial space to strengthen national sovereignty through proprietary space access,” said Emiliano Kargieman, CEO & Co-Founder of Satellogic. “We’re proud to support Malaysia’s forward-looking vision for space and to work alongside Uzma and GeospatialAI in delivering capabilities that will drive national resilience and innovation”

    About Satellogic

    Founded in 2010 by Emiliano Kargieman and Gerardo Richarte, Satellogic (NASDAQ: SATL) is the first vertically integrated geospatial company, driving real outcomes with planetary-scale insights. Satellogic is creating and continuously enhancing the first scalable, fully automated EO platform with the ability to remap the entire planet at both high-frequency and high-resolution, providing accessible and affordable solutions for customers.

    Satellogic’s mission is to democratize access to geospatial data through its information platform of high resolution images to help solve the world’s most pressing problems including climate change, energy supply, and food security. Using its patented Earth imaging technology, Satellogic unlocks the power of EO to deliver high-quality, planetary insights at the lowest cost in the industry.

    With more than a decade of experience in space, Satellogic has proven technology and a strong track record of delivering satellites to orbit and high-resolution data to customers at the right price point.

    To learn more, please visit: http://www.satellogic.com

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws. The words “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intends”, “may”, “might”, “plan”, “possible”, “potential”, “predict”, “project”, “should”, “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements are based on Satellogic’s current expectations and beliefs concerning future developments and their potential effects on Satellogic and include statements concerning Satellogic’s strategic realignment as a U.S. company, and the visibility and high growth opportunities it will provide in connection therewith. 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. These statements are based on various assumptions, whether or not identified in this press release. These forward-looking statements are provided for illustrative purposes only and are not intended to serve, and must not be relied on by an investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ
    from assumptions. Many actual events and circumstances are beyond the control of Satellogic. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) our ability to generate revenue as expected, including due to challenges created by macroeconomic concerns, geopolitical uncertainty (e.g., trade relationships), financial market fluctuations and related factors, (ii) our ability to effectively market and sell our EO services and to convert contracted revenues and our pipeline of potential contracts into actual revenues, (iii) risks related to the secured convertible notes, (iv) the potential loss of one or more of our largest customers, (v) the considerable time and expense related to our sales efforts and the length and unpredictability of our sales cycle, (vi) risks and uncertainties associated with defense-related contracts, (vii) risk related to our pricing structure, (viii) our ability to scale production of our satellites as planned, (ix) unforeseen risks, challenges and uncertainties related to our expansion into new business lines, (x) our dependence on third parties, including SpaceX, to transport and launch our satellites into space, (xi) our reliance on third-party vendors and manufacturers to build and provide certain satellite components, products, or services and the inability of these vendors and manufacturers to meet our needs, (xii) our dependence on ground station and cloud-based computing infrastructure operated by third pirates for value-added services, and any errors, disruption, performance problems, or failure in their or our operational infrastructure, (xiii) risk related to certain minimum service requirements in our customer contracts, (xiv) market acceptance of our EO services and our dependence upon our ability to keep pace with the latest technological advances, including those related to artificial intelligence and machine learning, (xv) our ability to identify suitable acquisition candidates or consummate acquisitions on acceptable terms, or our ability to successfully integrate acquisitions, (xvi) competition for EO services, (xvii) challenges with international operations or unexpected changes to the regulatory environment in certain markets, (xviii) unknown defects or errors in our products, (xix) risk related to the capital-intensive nature of our business and our ability to raise adequate capital to finance our business strategies, (xx) uncertainties beyond our control related to the production, launch, commissioning, and/or operation of our satellites and related ground systems, software and analytic technologies, (xxi) the failure of the market for EO services to achieve the growth potential we expect, (xxii) risks related to our satellites and related equipment becoming impaired, (xxiii) risks related to the failure of our satellites to operate as intended, (xxiv) production and launch delays, launch failures, and damage or destruction to our satellites during launch, (xxv) the impact of natural disasters, unusual or prolonged unfavorable weather conditions, epidemic outbreaks, terrorist acts and geopolitical events (including the ongoing conflicts between Russia and Ukraine, in the Gaza Strip and the Red Sea region) on our business and satellite launch schedules and (xxvi) the anticipated benefits of the domestication may not materialize. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Satellogic’s Annual Report on Form 10-K and other documents filed or to be filed by Satellogic from time to time with the Securities and Exchange Commission. 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 Satellogic assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Satellogic can give no assurance that it will achieve its expectations.

    Contacts

    Investor Relations:

    Ryan Driver, VP of Strategy & Corporate Development 

    ryan.driver@Satellogic.com

    Media Relations:

    Satellogic

    pr@Satellogic.com

    Uzma Berhad

    communications@uzmagroup.com

    The MIL Network –

  • MIL-OSI: OvationCXM Honored on FinTech Global’s AIFintech100 List for Revolutionizing Financial Services CX with AI-Powered Orchestration

    Source: GlobeNewswire (MIL-OSI)

    TIBURON, Calif., June 18, 2025 (GLOBE NEWSWIRE) — OvationCXM, a global leader in customer experience management (CXM), today announced its inclusion in FinTech Global’s prestigious 2025 AIFintech100 list. OvationCXM’s innovative application of artificial intelligence within its flagship low-to-no code platform, CXMEngine®, solves the critical industry challenge of fragmented customer journeys across complex financial ecosystems.

    This distinction recognizes OvationCXM’s unique ability to orchestrate seamless, end-to-end customer experiences across siloed teams and external partners by acting as a unified customer experience layer, providing real-time visibility and intelligent guidance of interactions, tasks, and communications. Powered by advanced cloud-native AI and machine learning, the platform delivers predictive journey insights, intelligent agent assistance, and streamlined customer and case management. It extracts CX data housed in disconnected legacy banking systems and surfaces it to everyone, helping the customer. By unlocking transparency for everyone engaged in the journey, it eliminates friction, sets expectations, communicates progress, and elevates the customer experience during chaotic onboarding and support journeys.

    “Being named to the AIFintech100 is a testament to OvationCXM’s relentless pursuit of innovation in customer experience orchestration for financial services,” said Alfred ‘Chip’ Kahn, Founder and CEO at OvationCXM. “We are empowering financial institutions and their partners to work as one team and deliver streamlined, personalized journeys without disruptive rip-and-replace investments. Our platform fast-tracks greater agility and flexibility without massive disruption to systems and teams that serve customers.”

    The CXMEngine® integrates natively with CRMs, ticketing tools, legacy systems, and third-party providers, unifying data and orchestrating action. It includes powerful tools for journey mapping, real-time case collaboration, intelligent automation, and embedded communications. This ensures that customers receive transparent, proactive updates, regardless of the number of parties involved behind the scenes. OvationCXM currently supports over $235 billion in payment volume across its client base, modernizing CX strategies for top financial institutions, fintechs, and payment service providers.

    “This AIFintech100 recognition is incredibly exciting and validates our deep commitment to secure AI-driven innovation,” added Alan Finlay, Head of Product at OvationCXM. “We’re not just applying AI; we’re fundamentally embedding it across the CXMEngine to deliver groundbreaking predictive insights and intelligent assistance. This award fuels our vision for the future, where AI will continue to play an even more transformative role in orchestrating truly seamless and bespoke customer experiences within financial services.”

    FinTech Global’s annual AIFintech100 list showcases the 100 most innovative solution providers making significant contributions to the development of artificial intelligence and machine learning technologies within the financial services sector. Selected by a panel of notable industry experts and analysts, this international ranking recognizes leading organizations that address critical industry challenges and significantly enhance efficiency through technological advancements.

    To learn more about how OvationCXM is leading the customer experience industry through its suite of AI capabilities and journey orchestration, please visit www.ovationcxm.com.

    About OvationCXM
    OvationCXM is the leading AI-infused CXM platform that helps companies achieve higher revenue and lower support costs by orchestrating customer journeys, partner ecosystems and AI to operate more efficiently and effectively. Connect experience and operational customer data to enable shared visibility and collaboration across your ecosystem and improve service governance. Unlock AI-enriched insights using your rich trove of unique customer data for real-time CX impact and eliminate data and visibility silos that block great CX. To learn more, visit www.ovationcxm.com.

    Media Contacts
    Sherri Schwartz
    OvationCXM
    Head of Marketing
    media@ovationcxm.com
    (757) 650-9854

    The MIL Network –

  • MIL-OSI New Zealand: Property Market – Sales activity lifts but listings keep property prices in check – Cotality

    Source: Cotality (Formerly CoreLogic)

    Property sales activity in New Zealand continued to strengthen in May, with volumes holding above average levels for a third consecutive month, according to Cotality’s June Housing Chart Pack.
    Sales volumes in May, measured across both private deals and real estate agents, were 16% higher than in the same month last year. This is the 24th rise in the past 25 months.

    The total number of sales at 8,218, was also about 5% above the 10-year May average, marking the third month in a row where activity has exceeded ‘normal’ levels.

    Cotality Chief Property Economist Kelvin Davidson said the ongoing lift in sale volumes points to improving confidence in the market.
    “Property sales have been gradually trending upwards for around two years now, and activity is back at normal levels, or even slightly above. It’s not a boom, but it’s clear that confidence is slowly returning, undoubtedly supported by falling mortgage rates.”
    However, for-sale listings remain high, with the number of new listings coming forward in recent weeks still ticking over at a solid pace.
    “New listings have generally tracked in line with typical seasonal patterns this year, though April’s extended holiday break did cause a temporary dip. As the market now enters the traditional winter lull, listing activity is likely to remain muted until it picks up again in Spring,” he said.
    Mr Davidson noted that stronger sales volumes have started to slightly reduce total stock levels in recent weeks.
    “While it has started to come down, the total number of properties listed on the market is still 20% above the five-year average, and that’s putting a lot of the negotiating power in buyers’ hands.”
    “Most areas are now showing a decline in total properties listed for sale compared to the same time in 2024, although Canterbury and Otago haven’t quite joined the club just yet,” he said.

    Total listings, change from equivalent period last year

    “While we’re starting to see listings come down, they’re still well above average in many markets. That means price growth is likely to remain contained in the short term,” he concluded.
    Highlights from the June 2025 Housing Chart Pack include:

    New Zealand’s residential real estate market is worth a combined $1.64 trillion.

    The CoreLogic Home Value Index shows property values across New Zealand edged down -0.1% in May. Over the three months to May, there was also a -0.1% dip in median property values across NZ.
    The total sales count over the 12 months to May is 85,395.
    Total listings on the market were 29,443 in May. The total number of properties listed on the market remains elevated, although the seasonal fall for new listings flows means that agreed sales have just started to eat into stock levels a little in the past few weeks.
    The pace of rental growth remains subdued, with net migration having fallen a long way from its peak, and the stock of available rental listings on the market still elevated.
    Gross rental yields now stand at 3.8%, which is the highest level since 2015-16.
    Inflation is back in the 1–3% target range, and after May’s 0.25% cut, the OCR is now down to 3.25%.
    The Chart of the Month shows Reserve Bank figures, with the average rate being paid on the existing stock of fixed loans currently about 5.9%, but prevailing rates are now about 1%-point lower than that figure.

    For more property news and insights, visit www.corelogic.co.nz/news-research

    MIL OSI New Zealand News –

  • MIL-OSI: SunRocket Capital Provides Financing for Golden Gate Capital’s C&I Rooftop Solar Installation in New Jersey

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, June 18, 2025 (GLOBE NEWSWIRE) — SunRocket Capital, a structured finance partner to solar developers, is pleased to announce the closing of financing with Golden Gate Capital for a rooftop solar installation project in Cherry Hill, New Jersey. The 0.736 MW project is a rooftop solar installation on three commercial offices owned by the sponsor.

    The solar installation is sized to offset 50% of the power consumption across the three properties. The project aligns with New Jersey’s renewable portfolio standard (RPS) that requires electric utility companies within the state to source 50% of their electricity from renewable technologies by 2030.

    Fischel Schlesinger, founder of Golden Gate Capital, remarked on the partnership with SunRocket Capital stating, “The team at SunRocket Capital has proven to be an exceptional financial partner. Their expertise in solar financing and understanding of the New Jersey renewable energy market has been instrumental in bringing this project to fruition as we continue to enhance the sustainability of our commercial properties.”

    Derek Gabriel Sr., Head of Originations at SunRocket Capital, also expressed enthusiasm about the partnership: “Our relationship with Golden Gate Capital represents the type of collaboration we value deeply. We’re committed to supporting property owners like Mr. Schlesinger who are expanding their renewable energy portfolios in the C&I sector. This partnership exemplifies how lenders and property developers can work together to create positive environmental and economic impacts through the promotion of green energy in New Jersey.”

    About SunRocket Capital:

    SunRocket Capital is a leading private lender focused on financing commercial, industrial, and community solar projects. Backed by a seasoned team with deep expertise in solar development and structured finance, SunRocket Capital supports the growth of sustainable energy by serving as a reliable capital partner for developers and EPCs – including serving as a resource for tax equity investments as necessary. The firm’s flagship structured credit product, SolarC2P™, is tailored to support projects at or near Notice to Proceed (NTP), with a seamless transition to term debt upon achieving Commercial Operation Date (COD). This streamlined approach enables developers to retain long-term ownership, efficiently scale operations, and build lasting portfolios.

    For more information please visit: www.sunrocketcapital.com.

    About Golden Gate Capital:

    Golden Gate Capital is a full-service real estate investment firm founded by Fischel Schlesinger. The company manages a diverse portfolio of commercial properties and provides comprehensive services including construction management for value-add projects such as solar development. Mr. Schlesinger has extensive experience in real estate development and investment, with controlling interests in businesses related to real estate field, marketing for affordable housing, and tax credit consulting services.

    For media inquiries, please contact:

    Noah Levine
    Marketing and Communications Officer
    SunRocket Capital
    noah@sunrocketcapital.com

    The MIL Network –

  • MIL-OSI: SunRocket Capital Provides Financing for Golden Gate Capital’s C&I Rooftop Solar Installation in New Jersey

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, June 18, 2025 (GLOBE NEWSWIRE) — SunRocket Capital, a structured finance partner to solar developers, is pleased to announce the closing of financing with Golden Gate Capital for a rooftop solar installation project in Cherry Hill, New Jersey. The 0.736 MW project is a rooftop solar installation on three commercial offices owned by the sponsor.

    The solar installation is sized to offset 50% of the power consumption across the three properties. The project aligns with New Jersey’s renewable portfolio standard (RPS) that requires electric utility companies within the state to source 50% of their electricity from renewable technologies by 2030.

    Fischel Schlesinger, founder of Golden Gate Capital, remarked on the partnership with SunRocket Capital stating, “The team at SunRocket Capital has proven to be an exceptional financial partner. Their expertise in solar financing and understanding of the New Jersey renewable energy market has been instrumental in bringing this project to fruition as we continue to enhance the sustainability of our commercial properties.”

    Derek Gabriel Sr., Head of Originations at SunRocket Capital, also expressed enthusiasm about the partnership: “Our relationship with Golden Gate Capital represents the type of collaboration we value deeply. We’re committed to supporting property owners like Mr. Schlesinger who are expanding their renewable energy portfolios in the C&I sector. This partnership exemplifies how lenders and property developers can work together to create positive environmental and economic impacts through the promotion of green energy in New Jersey.”

    About SunRocket Capital:

    SunRocket Capital is a leading private lender focused on financing commercial, industrial, and community solar projects. Backed by a seasoned team with deep expertise in solar development and structured finance, SunRocket Capital supports the growth of sustainable energy by serving as a reliable capital partner for developers and EPCs – including serving as a resource for tax equity investments as necessary. The firm’s flagship structured credit product, SolarC2P™, is tailored to support projects at or near Notice to Proceed (NTP), with a seamless transition to term debt upon achieving Commercial Operation Date (COD). This streamlined approach enables developers to retain long-term ownership, efficiently scale operations, and build lasting portfolios.

    For more information please visit: www.sunrocketcapital.com.

    About Golden Gate Capital:

    Golden Gate Capital is a full-service real estate investment firm founded by Fischel Schlesinger. The company manages a diverse portfolio of commercial properties and provides comprehensive services including construction management for value-add projects such as solar development. Mr. Schlesinger has extensive experience in real estate development and investment, with controlling interests in businesses related to real estate field, marketing for affordable housing, and tax credit consulting services.

    For media inquiries, please contact:

    Noah Levine
    Marketing and Communications Officer
    SunRocket Capital
    noah@sunrocketcapital.com

    The MIL Network –

  • MIL-OSI: Microchip Enhances Digital Signal Controller Lineup with Industry-Leading PWM Resolution and ADC Speed

    Source: GlobeNewswire (MIL-OSI)

    CHANDLER, Ariz., June 18, 2025 (GLOBE NEWSWIRE) — Evolving security and functional safety demands, coupled with the growing complexity of real-time embedded applications, are driving designers to seek innovative solutions that deliver greater accuracy, improved reliability and compliance with industry standards. To address these challenges, Microchip Technology (Nasdaq: MCHP) has added the dsPIC33AK512MPS512 and dsPIC33AK512MC510 Digital Signal Controller (DSC) families to its dsPIC33A DSC product line. The devices enable the implementation of computation-intensive control algorithms for improved energy efficiency in motor control, AI server power supplies, energy storage systems and complex sensor signal processing with Machine Learning (ML)-based inferencing.

    “As AI servers and data centers continue to grow, the need for more efficient power conversion is essential. With specialized peripherals and the high-performance core in the dsPIC33AK512MPS family, developers can now achieve significant energy savings and shrink their power supply footprints,” said Joe Thomsen, corporate vice president of Microchip’s digital signal controller business unit. “The new dsPIC33A DSC families are packed with advanced features that enable efficient and reliable designs for modern power conversion, motor control and sensing applications.”

    The dsPIC33AK512MPS family delivers precise, high-speed control through industry-leading 78 ps high-resolution Pulse Width Modulations (PWMs) and low-latency 40 Msps ADCs, enabling fast and accurate control loops essential for optimizing the performance of Silicon Carbide (SiC) and Gallium Nitride (GaN)-based DC-DC converters. Additionally, dsPIC33AK512MPS devices include advanced security features, an integrated touch controller and a high pin count of up to 128 pins. The dsPIC33AK512MC family is designed to offer low-latency, 40 Msps ADCs and 1.25 ns PWM resolution, providing a feature- and cost-optimized solution for multi-motor control and complex embedded applications.

    The dsPIC33A DSC families, with up to 512 KB Flash and a rich peripheral set, integrate a double precision floating-point unit to accelerate mathematical computations and leverage a 32-bit architecture for seamless adoption of model-based design code. Their enhanced instruction set and Digital Signal Processing (DSP) capabilities, including single-cycle MAC operations and a 200 MHz core speed, make these devices highly efficient for low-latency, real-time control applications. Supported by MPLAB® Machine Learning Development Suite, dsPIC33A devices streamline the ML workflow by automating data preparation, feature extraction, training, validation and firmware conversion of optimized models.

    “dsPIC33A DSCs from Microchip provide high performance and reliability for complex automotive Electronic Control Units (ECUs),” said Norbert Weiss, managing director at Lauterbach GmbH. “Combined with the support of our latest TRACE32® solutions, we help dsPIC33A DSC customers accelerate their time-to-market using our leading debug and trace tools from the start of the development process.”

    With a range of hardware safety features, dsPIC33AK512MPS/MC DSCs are compliant with functional safety standards and are developed in accordance with International Organization for Standardization (ISO) 26262 and International Electrotechnical Commission (IEC) 61508 processes, making them suitable for safety-critical automotive and industrial applications. To further enhance system-level security, the dsPIC33AK512MPS DSC family includes integrated crypto accelerators and a Flash security module, enabling immutable root of trust, secure boot, secure firmware upgrades and secure debug capabilities.

    “The combination of dsPIC33A DSCs and our pre-certified safety-critical real-time operating system, SAFERTOS®, simplifies the development of safety-critical applications,” said Andrew Longhurst, managing director of WITTENSTEIN high integrity systems (WHIS). “This system level solution empowers our clients to deliver reliable and efficient solutions that meet automotive and industrial safety standards.”

    Visit the website to learn more about Microchip’s dsPIC33A DSC family.

    Development Tools
    dsPIC33AK512MPS/MC DSCs are supported by Microchip’s development tool ecosystem including MPLAB XC-DSC Compiler, MPLAB Code Configurator (MCC) and MPLAB ML Development Suite. Separate dual in-line modules are available to support development for motor control, digital power conversion and general-purpose embedded applications. The DSCs are also supported by partner software and tools including SAFERTOS® real-time operating system from WHIS, TRACE32® debugger from Lauterbach and others.

    Pricing and Availability
    dsPIC33AK512MPS/MC DSCs are available starting at $1.50 each in volume. You can purchase directly from Microchip or contact a Microchip sales representative or authorized worldwide distributor.

    Resources
    High-res images available through Flickr or editorial contact (feel free to publish):

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

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

    The MIL Network –

  • MIL-OSI: Valour Launches Four New ETPs on Spotlight Stock Market: Mantra (OM), Tron (TRX), Stellar (XLM), and Tether Gold (XAUT)

    Source: GlobeNewswire (MIL-OSI)

    • Valour Expands Nordic Footprint with Four New Listings: Valour, a subsidiary of DeFi Technologies, has launched SEK-denominated ETPs for Mantra (OM), Tron (TRX), Stellar (XLM), and Tether Gold (XAUt) on Sweden’s Spotlight Stock Market, broadening investor access to diversified digital asset exposure.
    • Exposure to Emerging Protocols and Tokenized Gold: These new ETPs provide regulated access to a range of assets—from tokenized gold to real-world asset protocols—serving growing investor demand for both traditional and next-generation blockchain applications.
    • On Track Toward 100 ETPs by Year-End: With these additions, Valour now offers over 70 digital asset ETPs across leading European exchanges, reinforcing its leadership in the market and accelerating progress toward its goal of 100 ETPs by the end of 2025.

    TORONTO, June 18, 2025 (GLOBE NEWSWIRE) — DeFi Technologies Inc. (the “Company” or “DeFi Technologies”) (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B), a financial technology company bridging the gap between traditional capital markets and decentralized finance (“DeFi”), is pleased to announce that its subsidiary, Valour Inc., and Valour Digital Securities Limited (together, “Valour“), a leading issuer of exchange traded products (“ETPs“) has launched four new SEK-denominated ETPs on the Spotlight Stock Market in Sweden:

    • Valour Mantra (OM) SEK ETP – ISIN: CH1108679908
    • Valour Tron (TRX) SEK ETP – ISIN: CH1108679916
    • Valour Stellar (XLM) SEK ETP – ISIN: CH1108679973
    • Valour Tether Gold (XAUt) SEK ETP – ISIN: CH1108679981

    These new listings further broaden Valour’s presence in the Nordics and strengthen its mission to deliver secure, transparent, and regulated access to a diverse range of digital assets through traditional brokerage platforms.

    About the Newly Listed ETPs

    Valour Mantra (OM) ETP
    Mantra is a leading protocol focused on real-world asset tokenization and compliant DeFi infrastructure. As institutional interest in tokenized financial products grows, OM plays a critical role in bridging traditional finance with on-chain applications.

    Valour Tron (TRX) ETP
    Tron is a high-performance, layer-1 blockchain known for its high throughput, low fees, and strong presence in DeFi and entertainment-focused applications. With billions of daily transactions and one of the largest stablecoin networks, Tron remains a top digital asset by market capitalization.

    Valour Stellar (XLM) ETP
    Stellar is a blockchain optimized for global payments and remittances. Its consensus protocol and low-cost transactions make it ideal for cross-border financial infrastructure, particularly in emerging markets and institutional settlement use cases.

    Valour Tether Gold (XAUt) ETP
    Tether Gold (XAUt) is a token backed by physical gold, offering the security of a hard asset with the accessibility of a digital token. The ETP provides investors with exposure to tokenized gold via a regulated, exchange-listed product, appealing to those seeking a hedge against inflation and fiat currency risk.

    Each product can be purchased and sold through standard brokerage platforms, offering streamlined access for both retail and institutional investors. The management fee is 1.9% for OM, TRX, and XLM, while Tether Gold (XAUt) features a fee of 0.45%.

    Executive Commentary

    Johanna Belitz, Head of Nordics at Valour, commented:
    “The launch of these four new products reflects our continued commitment to Nordic investors. We’re seeing increased demand for diversified exposure—not only to large-cap crypto assets but also to gold-backed tokens and emerging protocols like Mantra. With the world’s first ETP on Tether Gold, we’re bridging traditional gold investment with the transparency and efficiency of blockchain. Our goal is to deliver that access in a simple, familiar, and fully regulated format.”

    Elaine Buehler, Head of Products at Valour, added:
    “These new ETPs represent a major leap forward, not only offering access to leading digital assets like Tron and Stellar but also bridging real-world financial systems with next-gen blockchain protocols. What makes them extraordinary is their ability to unlock new markets—Mantra’s tokenized real-world asset focus is revolutionizing compliance in DeFi, while Tether Gold offers a digital-native solution for investors seeking the stability of gold as a hedge against inflation.”

    With these new listings, Valour has now surpassed 70 digital asset ETPs—offering the most comprehensive lineup in Europe—and remains on pace to reach its goal of 100 ETPs by the end of 2025. These products are currently listed on major European exchanges including Spotlight (Sweden), Börse Frankfurt (Germany), and Euronext (Paris and Amsterdam), with continued expansion planned in additional global markets.

    About DeFi Technologies
    DeFi Technologies Inc. (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B) is a financial technology company bridging the gap between traditional capital markets and decentralized finance (“DeFi”). As the first Nasdaq-listed digital asset manager of its kind, DeFi Technologies offers equity investors diversified exposure to the broader decentralized economy through its integrated and scalable business model. This includes Valour, which offers access to over sixty-five of the world’s most innovative digital assets via regulated ETPs; Stillman Digital, a digital asset prime brokerage focused on institutional-grade execution and custody; Reflexivity Research, which provides leading research into the digital asset space; Neuronomics, which develops quantitative trading strategies and infrastructure; and DeFi Alpha, the company’s internal arbitrage and trading business line. With deep expertise across capital markets and emerging technologies, DeFi Technologies is building the institutional gateway to the future of finance. Follow DeFi Technologies on LinkedIn and X/Twitter, and for more details, visit https://defi.tech/  

    DeFi Technologies Subsidiaries

    About Valour
    Valour Inc. and Valour Digital Securities Limited (together, “Valour”) issues exchange traded products (“ETPs”) that enable retail and institutional investors to access digital assets in a simple and secure way via their traditional bank account. Valour is part of the asset management business line of DeFi Technologies. For more information about Valour, to subscribe, or to receive updates, visit valour.com.

    About Reflexivity Research
    Reflexivity Research LLC is a leading research firm specializing in the creation of high-quality, in-depth research reports for the bitcoin and digital asset industry, empowering investors with valuable insights. For more information please visit https://www.reflexivityresearch.com/

    About Stillman Digital
    Stillman Digital is a leading digital asset liquidity provider that offers limitless liquidity solutions for businesses, focusing on industry-leading trade execution, settlement, and technology. For more information, please visit https://www.stillmandigital.com

    About Neuronomics AG
    Neuronomics AG is a Swiss asset management firm specializing in AI-powered quantitative trading strategies. By integrating artificial intelligence, computational neuroscience and quantitative finance, Neuronomics delivers cutting-edge solutions that drive superior risk-adjusted performance in financial markets. For more information please visit https://www.neuronomics.com/

    Cautionary note regarding forward-looking information:
    This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the the listing of Valour Mantra (OM) ETP, Valour Tron (TRX) ETP, Valour Stellar (XLM) ETP and Valour Tether Gold (XAUt) ETP; the development of the Mantra protocol, Tron blockchain, Stellar blockchain and Tether Gold token; development of additional ETPs and the number of ETPs anticipated by end of 2025; investor confidence in Valour’s ETPs; investor interest and confidence in digital assets; the regulatory environment with respect to the growth and adoption of decentralized finance; the pursuit by the Company and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the acceptance of Valour ETPs by exchanges; growth and development of decentralised finance and cryptocurrency sector; rules and regulations with respect to decentralised finance and cryptocurrency; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

    THE CBOE CANADA EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

    For further information, please contact:

    Olivier Roussy Newton
    Chief Executive Officer
    ir@defi.tech
    (323) 537-7681

    The MIL Network –

  • MIL-OSI: Valour Launches Four New ETPs on Spotlight Stock Market: Mantra (OM), Tron (TRX), Stellar (XLM), and Tether Gold (XAUT)

    Source: GlobeNewswire (MIL-OSI)

    • Valour Expands Nordic Footprint with Four New Listings: Valour, a subsidiary of DeFi Technologies, has launched SEK-denominated ETPs for Mantra (OM), Tron (TRX), Stellar (XLM), and Tether Gold (XAUt) on Sweden’s Spotlight Stock Market, broadening investor access to diversified digital asset exposure.
    • Exposure to Emerging Protocols and Tokenized Gold: These new ETPs provide regulated access to a range of assets—from tokenized gold to real-world asset protocols—serving growing investor demand for both traditional and next-generation blockchain applications.
    • On Track Toward 100 ETPs by Year-End: With these additions, Valour now offers over 70 digital asset ETPs across leading European exchanges, reinforcing its leadership in the market and accelerating progress toward its goal of 100 ETPs by the end of 2025.

    TORONTO, June 18, 2025 (GLOBE NEWSWIRE) — DeFi Technologies Inc. (the “Company” or “DeFi Technologies”) (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B), a financial technology company bridging the gap between traditional capital markets and decentralized finance (“DeFi”), is pleased to announce that its subsidiary, Valour Inc., and Valour Digital Securities Limited (together, “Valour“), a leading issuer of exchange traded products (“ETPs“) has launched four new SEK-denominated ETPs on the Spotlight Stock Market in Sweden:

    • Valour Mantra (OM) SEK ETP – ISIN: CH1108679908
    • Valour Tron (TRX) SEK ETP – ISIN: CH1108679916
    • Valour Stellar (XLM) SEK ETP – ISIN: CH1108679973
    • Valour Tether Gold (XAUt) SEK ETP – ISIN: CH1108679981

    These new listings further broaden Valour’s presence in the Nordics and strengthen its mission to deliver secure, transparent, and regulated access to a diverse range of digital assets through traditional brokerage platforms.

    About the Newly Listed ETPs

    Valour Mantra (OM) ETP
    Mantra is a leading protocol focused on real-world asset tokenization and compliant DeFi infrastructure. As institutional interest in tokenized financial products grows, OM plays a critical role in bridging traditional finance with on-chain applications.

    Valour Tron (TRX) ETP
    Tron is a high-performance, layer-1 blockchain known for its high throughput, low fees, and strong presence in DeFi and entertainment-focused applications. With billions of daily transactions and one of the largest stablecoin networks, Tron remains a top digital asset by market capitalization.

    Valour Stellar (XLM) ETP
    Stellar is a blockchain optimized for global payments and remittances. Its consensus protocol and low-cost transactions make it ideal for cross-border financial infrastructure, particularly in emerging markets and institutional settlement use cases.

    Valour Tether Gold (XAUt) ETP
    Tether Gold (XAUt) is a token backed by physical gold, offering the security of a hard asset with the accessibility of a digital token. The ETP provides investors with exposure to tokenized gold via a regulated, exchange-listed product, appealing to those seeking a hedge against inflation and fiat currency risk.

    Each product can be purchased and sold through standard brokerage platforms, offering streamlined access for both retail and institutional investors. The management fee is 1.9% for OM, TRX, and XLM, while Tether Gold (XAUt) features a fee of 0.45%.

    Executive Commentary

    Johanna Belitz, Head of Nordics at Valour, commented:
    “The launch of these four new products reflects our continued commitment to Nordic investors. We’re seeing increased demand for diversified exposure—not only to large-cap crypto assets but also to gold-backed tokens and emerging protocols like Mantra. With the world’s first ETP on Tether Gold, we’re bridging traditional gold investment with the transparency and efficiency of blockchain. Our goal is to deliver that access in a simple, familiar, and fully regulated format.”

    Elaine Buehler, Head of Products at Valour, added:
    “These new ETPs represent a major leap forward, not only offering access to leading digital assets like Tron and Stellar but also bridging real-world financial systems with next-gen blockchain protocols. What makes them extraordinary is their ability to unlock new markets—Mantra’s tokenized real-world asset focus is revolutionizing compliance in DeFi, while Tether Gold offers a digital-native solution for investors seeking the stability of gold as a hedge against inflation.”

    With these new listings, Valour has now surpassed 70 digital asset ETPs—offering the most comprehensive lineup in Europe—and remains on pace to reach its goal of 100 ETPs by the end of 2025. These products are currently listed on major European exchanges including Spotlight (Sweden), Börse Frankfurt (Germany), and Euronext (Paris and Amsterdam), with continued expansion planned in additional global markets.

    About DeFi Technologies
    DeFi Technologies Inc. (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B) is a financial technology company bridging the gap between traditional capital markets and decentralized finance (“DeFi”). As the first Nasdaq-listed digital asset manager of its kind, DeFi Technologies offers equity investors diversified exposure to the broader decentralized economy through its integrated and scalable business model. This includes Valour, which offers access to over sixty-five of the world’s most innovative digital assets via regulated ETPs; Stillman Digital, a digital asset prime brokerage focused on institutional-grade execution and custody; Reflexivity Research, which provides leading research into the digital asset space; Neuronomics, which develops quantitative trading strategies and infrastructure; and DeFi Alpha, the company’s internal arbitrage and trading business line. With deep expertise across capital markets and emerging technologies, DeFi Technologies is building the institutional gateway to the future of finance. Follow DeFi Technologies on LinkedIn and X/Twitter, and for more details, visit https://defi.tech/  

    DeFi Technologies Subsidiaries

    About Valour
    Valour Inc. and Valour Digital Securities Limited (together, “Valour”) issues exchange traded products (“ETPs”) that enable retail and institutional investors to access digital assets in a simple and secure way via their traditional bank account. Valour is part of the asset management business line of DeFi Technologies. For more information about Valour, to subscribe, or to receive updates, visit valour.com.

    About Reflexivity Research
    Reflexivity Research LLC is a leading research firm specializing in the creation of high-quality, in-depth research reports for the bitcoin and digital asset industry, empowering investors with valuable insights. For more information please visit https://www.reflexivityresearch.com/

    About Stillman Digital
    Stillman Digital is a leading digital asset liquidity provider that offers limitless liquidity solutions for businesses, focusing on industry-leading trade execution, settlement, and technology. For more information, please visit https://www.stillmandigital.com

    About Neuronomics AG
    Neuronomics AG is a Swiss asset management firm specializing in AI-powered quantitative trading strategies. By integrating artificial intelligence, computational neuroscience and quantitative finance, Neuronomics delivers cutting-edge solutions that drive superior risk-adjusted performance in financial markets. For more information please visit https://www.neuronomics.com/

    Cautionary note regarding forward-looking information:
    This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the the listing of Valour Mantra (OM) ETP, Valour Tron (TRX) ETP, Valour Stellar (XLM) ETP and Valour Tether Gold (XAUt) ETP; the development of the Mantra protocol, Tron blockchain, Stellar blockchain and Tether Gold token; development of additional ETPs and the number of ETPs anticipated by end of 2025; investor confidence in Valour’s ETPs; investor interest and confidence in digital assets; the regulatory environment with respect to the growth and adoption of decentralized finance; the pursuit by the Company and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the acceptance of Valour ETPs by exchanges; growth and development of decentralised finance and cryptocurrency sector; rules and regulations with respect to decentralised finance and cryptocurrency; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

    THE CBOE CANADA EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

    For further information, please contact:

    Olivier Roussy Newton
    Chief Executive Officer
    ir@defi.tech
    (323) 537-7681

    The MIL Network –

  • MIL-OSI: Purpose Investments Launches Purpose XRP ETF, Adding to Its Diverse and Growing Suite of Digital Asset ETFs

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 18, 2025 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”), the firm behind the world’s first spot Bitcoin ETF and Canada’s largest digital asset ETF manager*, is expanding its digital asset suite with the launch of the Purpose XRP ETF, now trading on the TSX under the ticker XRPP. The ETF offers spot exposure to XRP — the native token of the XRP Ledger (XRPL), a decentralized blockchain designed to enable fast, low-cost international payments and financial settlement. The ETF will be available in CAD-hedged (TSX: XRPP), CAD non-hedged (TSX: XRPP.B), and US dollar (TSX: XRPP.U) units.

    A Token Engineered for Impact. A Firm Committed to Access.

    “Canadian investors continue to look for simple, safe, and transparent ways to access the digital asset market, and the XRP ETF has been one of the most requested digital assets in our lineup, thanks to XRP’s design for fast, low-cost global payments,” said Vlad Tasevski, Chief Innovation Officer. “With this launch, we’re not just adding another ETF – we’re expanding a platform built to reshape how Canadians access the future of finance. Our track record in digital assets reflects a deep belief in blockchain’s real-world potential, and we remain focused on trust, access, and education to help investors and advisors navigate this evolving space with clarity and confidence.”

    Designed for Real-World Use and Real Portfolios

    XRP stands out in a crowded digital asset landscape for its real-world use case and growing interest. As demand builds for blockchain solutions that go beyond speculation, the Purpose XRP ETF offers investors a clear, simplified way to gain exposure to an asset based on a network built for scale, speed, and financial infrastructure through a regulated, advisor-ready vehicle.

    Key Benefits

    • Direct Spot Exposure to XRP: Get direct access to XRP, the native asset of the XRP Ledger, purpose-built for fast, low-cost transactions and real-world financial use.
    • CAD-Hedged Option: The only XRP ETF in Canada offering CAD-hedged units, helping investors eliminate U.S. dollar currency risk.
    • Institutional-Grade Structure: Securely held in cold storage with trusted custodians, Gemini and Coinbase, and supported by Purpose’s experience operating regulated crypto funds.
    • Registered Accounts Eligible: Hold XRP in TFSAs, RRSPs, and other registered accounts without managing wallets, keys, or crypto exchanges.

    “The Purpose XRP ETF is a streamlined, advisor-ready solution that transforms XRP’s real-world utility into a secure, investable format,” said Paul Pincente, VP of Digital Assets at Purpose Investments. “We designed this ETF to remove the operational hurdles of managing crypto directly, offering investors access to XRP through a regulated ETF structure with institutional-grade custody. It’s built for portfolios, backed by experience, and engineered to meet the growing demand for practical blockchain exposure.”

    From Bitcoin to XRP: An ETF Platform Built for the Future of Digital Investing

    Purpose offers the most expansive and diverse suite of digital asset ETFs in Canada — built to meet the needs of today’s investors, whether they’re tactically allocating, seeking long-term exposure, or generating income from crypto assets.

    The Purpose Digital Asset lineup includes:

    • Purpose Bitcoin ETF (BTCC) and Purpose Ether ETF (ETHH): High-liquidity ETFs offering direct access to Bitcoin and Ether, with premium features tailored for investors and institutional users.
    • Purpose Core Bitcoin ETF (BTCO) and Purpose Core Ether ETF (ETHO): Low-fee, simplified Bitcoin and Ether ETFs designed for long-term buy-and-hold investors.  
    • Purpose Bitcoin Yield ETF (BTCY) and Purpose Ether Yield ETF (ETHY): Yield-focused strategies using covered calls to help investors earn from their crypto exposure.
    • Purpose Ether Staking Corp. ETF (ETHC.B): A regulated solution for accessing Ethereum’s proof-of-stake rewards through Purpose’s in-house infrastructure.
    • Purpose Solana ETF (SOLL): Exposure to one of the fastest-growing ecosystems in crypto, with staking built in and institutional-grade custody.
    • Purpose XRP ETF (XRPP): Direct access to XRP, the native asset of the XRP Ledger, designed for fast, low-cost global payments — with CAD-hedged units and institutional-grade custody.

    By redefining what digital asset investing looks like, Purpose is making it easier, safer, and smarter for investors to participate in a rapidly evolving space. As blockchain technology reshapes global finance, Purpose remains committed to bridging the gap between traditional investing and the decentralized future.

    About Purpose Investments

    Purpose Investments is an asset management company with over $24 billion in assets under management, focused on client-centric innovation across ETFs and investment funds. Purpose is a division of Purpose Unlimited, an independent financial technology company led by entrepreneur Som Seif.

    For further information, please email us at info@purposeinvest.com.

    Media inquiries:
    Keera Hart
    keera.hart@kaiserpartners.com
    905-580-1257

    *By digital asset ETFs under management as of April 24, 2025.

    The content of this document is for informational purposes only and is not being provided in the context of an offering of any securities described herein, nor is it a recommendation or solicitation to buy, hold or sell any security. Information contained in this document is not, and under no circumstances is it to be construed as, an offering memorandum, prospectus, advertisement or public offering of securities. No securities commission or similar regulatory authority has reviewed this information, and any representation to the contrary is an offence. The information contained in this document is believed to be accurate and reliable; however, we cannot guarantee that it is complete or current at all times. The information provided is subject to change without notice.

    Commissions, trailing commissions, management fees and expenses may all be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Copies of the Prospectus may be obtained from purposeinvest.com. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed; their values change frequently, and past performance may not be repeated. Crypto assets can be extremely volatile, and there is no guarantee that the amount invested will be returned to you.

    Certain statements in this document may be forward-looking. Forward-looking statements (“FLS”) are statements that are predictive in nature, depend on or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are, by their nature, based on numerous assumptions. Although the FLS contained in this document are based upon what Purpose Investments believes to be reasonable assumptions, Purpose Investments cannot assure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on the FLS. Unless required by applicable law, it is not undertaken, and specifically disclaimed, that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events or otherwise.

    The MIL Network –

  • MIL-OSI: Purpose Investments Launches Purpose XRP ETF, Adding to Its Diverse and Growing Suite of Digital Asset ETFs

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 18, 2025 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”), the firm behind the world’s first spot Bitcoin ETF and Canada’s largest digital asset ETF manager*, is expanding its digital asset suite with the launch of the Purpose XRP ETF, now trading on the TSX under the ticker XRPP. The ETF offers spot exposure to XRP — the native token of the XRP Ledger (XRPL), a decentralized blockchain designed to enable fast, low-cost international payments and financial settlement. The ETF will be available in CAD-hedged (TSX: XRPP), CAD non-hedged (TSX: XRPP.B), and US dollar (TSX: XRPP.U) units.

    A Token Engineered for Impact. A Firm Committed to Access.

    “Canadian investors continue to look for simple, safe, and transparent ways to access the digital asset market, and the XRP ETF has been one of the most requested digital assets in our lineup, thanks to XRP’s design for fast, low-cost global payments,” said Vlad Tasevski, Chief Innovation Officer. “With this launch, we’re not just adding another ETF – we’re expanding a platform built to reshape how Canadians access the future of finance. Our track record in digital assets reflects a deep belief in blockchain’s real-world potential, and we remain focused on trust, access, and education to help investors and advisors navigate this evolving space with clarity and confidence.”

    Designed for Real-World Use and Real Portfolios

    XRP stands out in a crowded digital asset landscape for its real-world use case and growing interest. As demand builds for blockchain solutions that go beyond speculation, the Purpose XRP ETF offers investors a clear, simplified way to gain exposure to an asset based on a network built for scale, speed, and financial infrastructure through a regulated, advisor-ready vehicle.

    Key Benefits

    • Direct Spot Exposure to XRP: Get direct access to XRP, the native asset of the XRP Ledger, purpose-built for fast, low-cost transactions and real-world financial use.
    • CAD-Hedged Option: The only XRP ETF in Canada offering CAD-hedged units, helping investors eliminate U.S. dollar currency risk.
    • Institutional-Grade Structure: Securely held in cold storage with trusted custodians, Gemini and Coinbase, and supported by Purpose’s experience operating regulated crypto funds.
    • Registered Accounts Eligible: Hold XRP in TFSAs, RRSPs, and other registered accounts without managing wallets, keys, or crypto exchanges.

    “The Purpose XRP ETF is a streamlined, advisor-ready solution that transforms XRP’s real-world utility into a secure, investable format,” said Paul Pincente, VP of Digital Assets at Purpose Investments. “We designed this ETF to remove the operational hurdles of managing crypto directly, offering investors access to XRP through a regulated ETF structure with institutional-grade custody. It’s built for portfolios, backed by experience, and engineered to meet the growing demand for practical blockchain exposure.”

    From Bitcoin to XRP: An ETF Platform Built for the Future of Digital Investing

    Purpose offers the most expansive and diverse suite of digital asset ETFs in Canada — built to meet the needs of today’s investors, whether they’re tactically allocating, seeking long-term exposure, or generating income from crypto assets.

    The Purpose Digital Asset lineup includes:

    • Purpose Bitcoin ETF (BTCC) and Purpose Ether ETF (ETHH): High-liquidity ETFs offering direct access to Bitcoin and Ether, with premium features tailored for investors and institutional users.
    • Purpose Core Bitcoin ETF (BTCO) and Purpose Core Ether ETF (ETHO): Low-fee, simplified Bitcoin and Ether ETFs designed for long-term buy-and-hold investors.  
    • Purpose Bitcoin Yield ETF (BTCY) and Purpose Ether Yield ETF (ETHY): Yield-focused strategies using covered calls to help investors earn from their crypto exposure.
    • Purpose Ether Staking Corp. ETF (ETHC.B): A regulated solution for accessing Ethereum’s proof-of-stake rewards through Purpose’s in-house infrastructure.
    • Purpose Solana ETF (SOLL): Exposure to one of the fastest-growing ecosystems in crypto, with staking built in and institutional-grade custody.
    • Purpose XRP ETF (XRPP): Direct access to XRP, the native asset of the XRP Ledger, designed for fast, low-cost global payments — with CAD-hedged units and institutional-grade custody.

    By redefining what digital asset investing looks like, Purpose is making it easier, safer, and smarter for investors to participate in a rapidly evolving space. As blockchain technology reshapes global finance, Purpose remains committed to bridging the gap between traditional investing and the decentralized future.

    About Purpose Investments

    Purpose Investments is an asset management company with over $24 billion in assets under management, focused on client-centric innovation across ETFs and investment funds. Purpose is a division of Purpose Unlimited, an independent financial technology company led by entrepreneur Som Seif.

    For further information, please email us at info@purposeinvest.com.

    Media inquiries:
    Keera Hart
    keera.hart@kaiserpartners.com
    905-580-1257

    *By digital asset ETFs under management as of April 24, 2025.

    The content of this document is for informational purposes only and is not being provided in the context of an offering of any securities described herein, nor is it a recommendation or solicitation to buy, hold or sell any security. Information contained in this document is not, and under no circumstances is it to be construed as, an offering memorandum, prospectus, advertisement or public offering of securities. No securities commission or similar regulatory authority has reviewed this information, and any representation to the contrary is an offence. The information contained in this document is believed to be accurate and reliable; however, we cannot guarantee that it is complete or current at all times. The information provided is subject to change without notice.

    Commissions, trailing commissions, management fees and expenses may all be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Copies of the Prospectus may be obtained from purposeinvest.com. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed; their values change frequently, and past performance may not be repeated. Crypto assets can be extremely volatile, and there is no guarantee that the amount invested will be returned to you.

    Certain statements in this document may be forward-looking. Forward-looking statements (“FLS”) are statements that are predictive in nature, depend on or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are, by their nature, based on numerous assumptions. Although the FLS contained in this document are based upon what Purpose Investments believes to be reasonable assumptions, Purpose Investments cannot assure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on the FLS. Unless required by applicable law, it is not undertaken, and specifically disclaimed, that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events or otherwise.

    The MIL Network –