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Category: Business

  • MIL-OSI: “Human vs AI” and the Future of Insurance: Insurtech Insights USA 2025 Agenda Unveils Power-Packed Lineup of Industry Disruptors

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 28, 2025 (GLOBE NEWSWIRE) — Insurtech Insights USA 2025, North America’s premier gathering of insurance executives and innovators, is set to return to the Javits Center in New York City on June 4–5, 2025, bringing together over 6,000 attendees and 400+ speakers from across the globe. With AI, digital transformation, and industry reinvention at the heart of this year’s agenda, the event offers unparalleled insights into the technologies and strategies reshaping insurance.

    The two-day program includes dynamic keynotes, interactive panels, and fireside chats led by senior executives from Munich Re, MetLife, AXA, Zurich, Microsoft, Clearspeed, Chubb, Owl.co, and more. The most anticipated sessions of the year are:

    1. Human vs AI: The Future of Insurance Lies in Collaboration

    Speakers: Garry Kasparov, Chess Grandmaster & Sean Merat, CEO, Owl.co

    Date: June 4 at 9:50 AM | Main Stage

    In a thought-provoking keynote, Garry Kasparov, who famously battled and then embraced AI, joins Owl.co CEO Sean Merat to explore how insurers can embrace intelligent collaboration over competition. The session sets the tone for the conference: bold, reflective, and future-focused.

    2. A Year Later for AI and GenAI in Insurance: The Reality and Growing Real Business Value

    Speakers: Robert Pick, EVP & Chief Information Officer, Tokio Marine, Manish Shah, President, Chief Product Officer at Majesco, Denise Garth, Chief Strategy Officer at Majesco, and Jim DeMarco, Insurance Strategy Lead, Microsoft

    Date: June 5 at 11:30 AM | Main Stage

    AI is no longer a pilot project. This panel dives into how large insurers are implementing GenAI solutions at scale—generating tangible business value in underwriting, claims, and customer experience while navigating compliance and culture.

    3. Making AI Stick in Insurance: From POC to Production

    Speakers: Jonathan Pelosi Head of Industry – FSI at Anthropic, Amy Nelsen, Head of UW Operations, Zurich North America, Antonio Rosa Chief Data & Analytics Officer, Ignyte Insurance and Alex Schmelkin, CEO, Sixfold

    Date: June 4 at 1:30 PM | Main Stage

    Moving from hype to habit, this panel outlines how leaders are transitioning from proof-of-concept to production-level AI deployments. Expect hard-earned lessons, success metrics, and scalable approaches for real-world transformation.

    4. Reimagining Underwriting: How Technology and AI Are Powering the Future of Insurance

    Speakers: Robert Pick, EVP & Chief Information Officer at Tokio Marine, Gary Hoberman, CEO and Founder, Unqork and Lisa Wardlaw, President and Founder, 360 Digital Immersion

    Date: June 5 at 1:15 PM | Main Stage

    With new data streams and automation tools, underwriting is being redefined. This session explores the next frontier—blending machine learning with human decision-making to deliver faster, smarter, and fairer underwriting outcomes.

    5. Unicorn Building: The Insurtech Funding Landscape in 2025 & Beyond

    Speaker: Joel Albarella, Senior Vice President and Head, New York Life Ventures

    Date: June 4 at 12:55 PM | Main Stage

    A candid look at the venture capital lens on insurance. Joel Albarella dissects current investment trends, the reality of valuation resets, and the future of unicorn building amid economic uncertainty.

    “These sessions speak to the heart of Insurtech Insights’ mission: to equip insurance executives with the insights and inspiration they need to tackle the industry’s most pressing challenges,” said Kristoffer Lundberg, CEO of Insurtech Insights. “We’re proud to provide a platform where leading executives, technologists, and entrepreneurs come together to spark meaningful innovation. From integrating GenAI into claims processing to advancing digital inclusion in life insurance, every conversation delivers practical insights and real-world solutions. This isn’t just about what’s next—it’s about giving our community the actionable intelligence to lead change and create tangible impact.”

    Beyond these highlights, the agenda also includes powerful sessions such as “Facing into AI: The Potential and Uncertainty” with AXA XL and BCG, “Regulators & Risk Takers: Aligning Vision for the Future of Insurance” with state commissioners from North Dakota, Oklahoma, and Connecticut, and “Innovating Life Insurance: The Role of Wearable Data” with Munich Re. Attendees can also explore sessions focused on small business markets, talent pipelines, data ethics, and climate-driven product development—delivering a 360° view of the insurance industry’s most urgent opportunities and threats.

    For more information and to secure your pass, visit the website here.

    About Insurtech Insights USA

    Insurtech Insights USA is the leading global conference for the insurtech industry, bringing together experts, innovators, and thought leaders to discuss the latest trends, challenges, and opportunities shaping the future of insurance. With a focus on innovation, collaboration, and disruption, Insurtech Insights USA provides a platform for networking, learning, and driving meaningful change in the insurance sector.

    For media queries and other information, please contact:

    Girish Jaggi
    Senior Account Manager
    The MicDrop Agency
    girish@themicdropagency.com
    +1 (289) 623 3627

    The MIL Network –

    May 29, 2025

  • MIL-OSI: Cerence AI Partners with Arm to Deliver Enhanced LLM Capabilities at the Edge

    Source: GlobeNewswire (MIL-OSI)

    BURLINGTON, Mass., May 28, 2025 (GLOBE NEWSWIRE) — Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced a strategic partnership with Arm in which Cerence AI will leverage Arm’s comprehensive software library, Arm® Kleidi™, to advance the capabilities and performance of CaLLM™ Edge, its embedded small language model (SLM).

    As automakers race to bring AI-powered capabilities to their drivers, they are faced with several challenges, including building enough compute to handle the needs of intensive workloads like large language models (LLMs). Automakers and their partners need easy ways to optimize CPU performance and maximize compute, making it easier for them to deliver the benefits of generative AI to drivers. Cerence AI and Arm are partnering to bridge this gap. With 94% of global automakers leveraging Arm technology in their latest vehicles, Arm automotive solutions provide a foundational compute architecture for AI capabilities throughout the vehicle. Kleidi is designed to accelerate machine learning and optimize neural network operations on Arm-based devices, enabling more efficient and powerful real-time language processing at the edge.

    Together, Cerence AI and Arm flexibly distribute and parallelize generative AI computation loads between CPUs and GPUs, delivering improved speed and performance for CaLLM Edge, while also supporting enhanced privacy and data security. CaLLM Edge runs fully agentic on Arm-based chipsets optimized with Kleidi, in addition to other SoCs, demonstrating industry-leading performance despite the limited compute power, large size, and intensive processing needs of on-board, in-car language models. As a result, automakers are able to deliver a fast, intelligent user experience for their drivers, even without connectivity to the cloud.

    “We are excited to partner with Arm to take CaLLM Edge to the next level, setting new standards for performance and efficiency in edge computing in the car,” said Nils Schanz, EVP, Product & Technology, Cerence AI. “By combining our expertise in AI-powered language models with Arm’s innovative library, we are continuing our journey to create a new era of voice-first experiences and next-generation AI applications in the automotive space, empowering consumers with smarter, faster, and more responsive in-car assistants.”

    “AI is defining the next generation of sophisticated in-vehicle features, and it’s important that we utilize every optimization possible to ensure AI can run seamlessly at the edge,” said Suraj Gajendra, vice president of automotive products and software solutions, Automotive Line of Business, Arm. “Cerence AI is seeing significant improvements by leveraging Arm Kleidi, and we look forward to continuing our work to rapidly enable new, innovative application-specific AI models in the car.” 

    To learn more about Cerence AI, visit www.cerence.ai, and follow the company on LinkedIn. For more information about Arm, visit www.arm.com/.

    About Cerence Inc.
    Cerence Inc. (NASDAQ: CRNC) is a global industry leader in creating intuitive, seamless, AI-powered experiences across automotive and transportation. Leveraging decades of innovation and expertise in voice, generative AI, and large language models, Cerence powers integrated experiences that create safer, more connected, and more enjoyable journeys for drivers and passengers alike. With more than 500 million cars shipped with Cerence technology, the company partners with leading automakers, transportation OEMs, and technology companies to advance the next generation of user experiences. Cerence is headquartered in Burlington, Massachusetts, with operations globally and a worldwide team dedicated to pushing the boundaries of AI innovation. For more information, visit www.cerence.ai.

    Contact Information

    Kate Hickman | Cerence AI | Tel: 339-215-4583 | Email: kate.hickman@cerence.com

    The MIL Network –

    May 29, 2025

  • MIL-OSI USA: McCaul Discusses Importance of State Dept. Reauthorization with Secretary Rubio

    Source: United States House of Representatives – Congressman Michael McCaul (10th District of Texas)

    WASHINGTON – Today, U.S. Congressman Michael McCaul (R-Texas) — chairman emeritus of the House Foreign Affairs Committee — questioned Secretary of State Marco Rubio at the committee’s hearing, titled “FY26 State Department Posture: Protecting American Interests.” McCaul and Rubio discussed how the committee’s work to reauthorize the State Department can help the Trump administration advance its foreign policy objectives, including restoring U.S. foreign aid to its core mission.

    Click to watch

    Full exchange below:

    Chair Emeritus McCaul: Let me express my deep sympathy to the family of Gerry Connolly. He was a dear friend of mine. I will miss him dearly and the Irish twinkle in his eye.

    Mr. Secretary, thanks for being here today. Under the last four years — under President Biden — the world is on fire now. From the debacle, the evacuation, poorly executed from Afghanistan, which then led, I believe, to Putin’s invasion of Ukraine — the largest land invasion since World War II in Europe — to the Middle East on fire now, to October 7th. I commend you for trying to seek peace in these hotspots, including the Indo-Pacific, which probably presents the greatest threat.

    I would be clear-eyed with Mr. Putin. I personally don’t think he’s negotiating in good faith. The Ayatollah cannot be trusted. In fact, it was recently reported that they got their proxy, Hamas, to invade Israel on October 7th to derail the normalization talks between Israel and Saudi Arabia.

    Let me go to the 1961 Foreign Assistance Act. It was initially created to counter the rise of the Soviet Union. Today, I believe it should be used to counter the influence of Communist China around the globe, and that’s a core mission I know you support, as do I. When I was chairman of this committee, I put holds on the programs the current chairman is talking about — that being the drag shows in Ecuador to grants to advance atheism in Nepal. These are not in the interest of the United States or our national security interests. 

    So, I think we need to return these agencies and programs to their core mission. I believe that you’re trying to do that by bringing them under your supervision at the State Department. It’s not a new idea. Madeline Albright tried to do that many years ago. And I do think under your supervision, that we’ll have transparency and accountability with the foreign assistance programs. 

    We are engaged in a reauthorization of the State Department. Sir, can you tell me how this would assist you, with respect to reorganization of these important agencies under your department?

    Secretary Rubio: Well, I think the key to reorganization — and by the way, we never did it in all the years that I was in the Senate either. It never happened. It needs to happen. We want it to happen. As you know, in our reorganization, we didn’t touch any of the statutory offices because we can’t. But there’s two advantages to it, or three advantages. 

    The first is it becomes permanent. We can create an organizational structure that becomes enduring, especially if it’s one that we believe in. Second, I think that it will help us with the input and ideas. Look, we provided the initial preliminary indication to Congress.

    We’ve been taking input — including from many on the minority — and some of those are going to be reflected when we put out our final approach that we want to take. But ultimately, we would love to work with the committee to find ways to improve on the streamlining.

    By the way, we’re also taking input from inside our building. Some of the ideas in our reorg — many of the ideas from our reorg — came from inside the State Department from career officials, including some that are still providing input for us on sort of how to structure it.

    But I think the advantage of doing it statutorily is that it becomes enduring and permanent and provides certainty in the days to come. Otherwise, you know, it can change over time and continue to bloat and expand to levels that it got to. It was an unreadable org chart. The org chart that I showed you — the initial org chart that I inherited — was just the top line. Within each one of those boxes, there were multiple boxes — some of them duplicative, redundant, and in many cases, no one could even tell us what they were doing, because it’s easy to grow. It’s much harder to reorganize and to streamline activity, and that’s what we want to do.

    Chair Emeritus McCaul: Well, it’s a very noble effort. With my one minute remaining, I authorized the Remain in Mexico program in this committee. I commend the administration; within a matter of months, [they] have restored order to the border, taking chaos and turned it into a safe border.

    I mean, the crossings have gone down 95%. There’s no longer catch and release. And I do think the executive order on Remain in Mexico is very important. I know you share that responsibility with the Department of Homeland Security — a committee I chaired as well. What is the latest on your negotiations with Mexico to bring that important program back?

    Secretary Rubio: Well, as you’re aware, I’m sure that we’ve had a number of what I recall, both irritants, but also areas of cooperation with the Mexican government. It’s been actually pretty positive. They have been very responsive on our security concerns. They’ve increased their security cooperation with us in ways that have been very productive.

    In fact, at some point here over the next few weeks, I intend to travel potentially to Mexico along with a couple other cabinet members to sort of finalize some of these areas of cooperation. This may be one we talk about, but we’ve been primarily focused with Mexico on two things.

    One is on trade — which is not my department — but obviously, our trade representative, Mr. Greer, and also Commerce Secretary Lutnick has been engaging with them. And then the other is on security cooperation. We have a mutual interest in Mexico. In essence, the cartels that operate within Mexico and threaten the state are armed from weapons that are bought in the United States and shipped there.

    We want to help stop that flow. The reverse is [that] those cartels threaten the state. There are parts of Mexico that are governed by cartels where there is — in fact, I think I heard last night — two more people were murdered in Mexico City associated with the mayor of Mexico City. The political violence there is real.

    They have a vested interest and a desire to go after these cartels, and we want to help equip them and provide them information. They’ve also been increasingly cooperative — more than ever before — in bringing back and extraditing people wanted in this country for crimes who are in their custody.

     So, I think we’ve got good areas of cooperation. We still have some more work to do on migration, but they’ve been cooperative. 

     

    ###

    MIL OSI USA News –

    May 29, 2025

  • MIL-OSI Global: Most South African farmers are black: why Trump got it so wrong

    Source: The Conversation – Africa – By Johann Kirsten, Director of the Bureau for Economic Research, Stellenbosch University

    When world leaders engage, the assumption is always that they engage on issues based on verified facts, which their administrative staff are supposed to prepare. Under this assumption, we thought the meeting at the White House on 21 May between South Africa’s president, Cyril Ramaphosa, and US president Donald Trump would follow this pattern.

    Disappointingly, the televised meeting was horrifying to watch as it was based on misrepresenting the reality of life in South Africa.

    Issues of agriculture, farming and land (and rural crime) were central to the discussions. What is clear to us as agricultural economists is that the skewed views expressed by Trump about these issues originate in South Africa. This includes Trump’s statement: “But Blacks are not farmers.”

    In our work as agricultural economists, we have, in many pieces and books (our latest titled The Uncomfortable Truth about South Africa’s Agriculture), tried to present South Africans with the real facts about the political economy policy reforms and structural dimensions of South African agriculture.

    Writing on these matters was necessary given that official data – agricultural census 2017, as well as the official land audit of 2017 – all provide an incomplete picture of the real state and structure of South African agriculture. The reason is that the agricultural census, which is supposed to provide a comprehensive and inclusive assessment of the size and structure of the primary agricultural sector, and the land audit, which was supposed to record the ownership of all land in South Africa, are incomplete in their coverage.

    The incomplete and inaccurate official data provides fertile ground for radical statements by the left and the right – and novices on social media. This is why South Africa has to deal with falsehoods coming from the US. These include Trump’s statement that black people are not farmers in South Africa.

    South Africa is to blame for providing inaccurate data to feed these false narratives.

    The facts presented here should allow a more nuanced interpretation of South Africa’s farm structure. Firstly, there are more black farmers in South Africa than white farmers. And not all white commercial farm operations are “large-scale”, and not all black farmers are “small-scale”, “subsistence” or “emerging”. Most farm operations can be classified as micro, or small in scale.

    This is important so that one doesn’t view South Africa’s agriculture as mainly white farmers. Indeed, we are a country of two agricultures with black farmers mainly at small scale and accounting for roughly 10% of the commercial agricultural output. Still, this doesn’t mean they are not active in the sector. They mainly still require support to expand and increase output, but they are active.

    The facts

    In the wake of the circus in the Oval Office, we were amazed by the total silence of the many farmers’ organisations in South Africa. We have not seen one coming out to reject all of Trump’s claims. The only thing we can deduce from this is that these falsehoods suit the political position of some farmer organisations. But at what cost? Will many of their members be harmed by trade sanctions or tariffs against South Africa? The US is an important market for South Africa’s agriculture, accounting for 4% of the US$13.7 billion exports in 2024.

    When Ramaphosa highlighted the fact that crime, and rural crime in particular, has an impact on all South Africans and that more black people than white people are being killed, Trump’s response was disturbing, to say the least: “But Blacks are not farmers”. This requires an immediate fact check.

    We returned to the text from our chapter in the Handbook on the South African Economy we jointly prepared in 2021. In the extract below, we discuss the real numbers of farmers in South Africa and try to provide a sensible racial classification of farmers to denounce Trump’s silly statement.

    As highlighted earlier, the two latest agricultural censuses (2007 and 2017) are incomplete as they restricted the sample frame to farm businesses registered to pay value added tax. Only firms with a turnover of one million rands (US$55,500) qualify for VAT registration.

    We were able to expand the findings from the censuses with numbers from the 2011 population census and the 2016 community survey to better understand the total number of commercial farming units in South Africa. The Community Survey 2016 is a large-scale survey that happened between Censuses 2011 and 2021. The main objective was to provide population and household statistics at municipal level to government and the private sector, to support planning and decision-making.

    Data from the 2011 population census (extracted from three agricultural questions included in the census) shows that 2,879,638 households out of South Africa’s total population, or 19.9% of all households, were active in agriculture for subsistence or commercial purposes.

    Only 2% of these active households reported an annual income derived from agriculture above R307,000 (US$17,000). This translates into 57,592 households that can be considered commercial farmers, with agriculture as the main or only source of household income. This corresponds in some way with the 40,122 farming businesses that are registered for VAT as noted in the 2017 agricultural census report.

    If we use the numbers from the agricultural census it is evident almost 90% of all VAT-registered commercial farming businesses could be classified as micro or small-scale enterprises. If the farm businesses excluded from the census are accounted for under the assumption that they are too small for VAT registration, then the fact still stands that the vast majority of all farm enterprises in South Africa are small family farms.

    There are, however, 2,610 large farms (with turnover exceeding R22.5 million (US$1.2 million per annum) which are responsible for 67% of farm income and employed more than half the agricultural labour force of 757,000 farm workers in 2017.

    Another way to get to farm numbers is to use the 2016 Community Survey. Using the shares as shown in Table 2, we estimate there are 242,221 commercial farming households in South Africa, of which only 43,891 (18%) are white commercial farmers. (This is very much in line with the VAT registered farmers but also acknowledging the fact that many white farm businesses are not necessarily registered for VAT.)

    Let’s consider only the agricultural households with agriculture as their main source of income, surveyed in the 2016 community survey. We end up with a total of 132,700 households, of whom 93,000 (70%) are black farmers. This reality is something that policy makers and farm organisations find very difficult to deal with and it seems that Trump also found this too good to be true.

    We have tried here in a long winded way to deal with farm numbers and how to get to a race classification of farmers in South Africa. In the end we trust that we have managed to show that there are more black farmers in South Africa than white farmers. Their share in total output is smaller than that of their white counterparts. The National Agricultural Marketing Council puts black farmers’ share of agricultural production as roughly 10%. But these numbers are also incomplete and largely an undercount.

    It will always be challenging to get to the real number of black farmers’ share of agricultural output as nobody would ever know whether the potato or the cabbage on the shelf came from a farm owned by a black farmer or a white person but operated by a black farmer, for example. As South Africans know, the labour on farms, in pack houses, distribution systems and retail are all black. So, the sweat and hard work of black South African workers are integral to the food supply chain in South Africa.

    Let’s get these facts straight and promote them honestly.

    Wandile Sihlobo is the Chief Economist of the Agricultural Business Chamber of South Africa (Agbiz) and a member of the Presidential Economic Advisory Council (PEAC).

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

    – ref. Most South African farmers are black: why Trump got it so wrong – https://theconversation.com/most-south-african-farmers-are-black-why-trump-got-it-so-wrong-257668

    MIL OSI – Global Reports –

    May 29, 2025

  • MIL-OSI USA: Ranking Member Markey, Sen. Warren, Reps. Neal and McGovern Condemn Shuttering of Springfield SBA Office, Demand Accountability for Harms to Western Mass. Small Businesses

    US Senate News:

    Source: United States Senator for Massachusetts Ed Markey

    Letter Text (PDF)

    Boston (May 28, 2025) – Senate Small Business and Entrepreneurship Committee Ranking Member Edward J. Markey (D-Mass.) today led his colleagues Senator Elizabeth Warren (D-Mass.) and Representatives Richard Neal (MA-01) and Jim McGovern (MA-02) in writing to Small Business Administration (SBA) Administrator Kelly Loeffler, slamming the closure of the Springfield, Massachusetts, SBA district office, which would leave Western Massachusetts and the Pioneer Valley without access to vital SBA services and support.

    The Trump administration is continuing its nonsensical war against small businesses, dismantling the infrastructure that supports them, and undermining the foundation of American entrepreneurship. The lawmakers urge Administrator Loeffler to stand up to DOGE, insist it reverse course, and work to keep the Springfield district office fully staffed, open, and operational.

    In the letter, the lawmakers write, “The SBA’s Springfield district office is not just a convenience for Western Massachusetts and Pioneer Valley small businesses, it is a lifeline. The district office helps build small business ecosystems by connecting rural, underserved, and emerging markets to federal resources that support local economies. The Springfield district office has served for years as an essential partner for Massachusetts entrepreneurs, offering small businesses critical guidance and expertise on applying for SBA loans and disaster relief programs, among other services. Closing this office will place a tremendous burden on small business owners, forcing them to take time away from their work and drive hours—in some cases a six-hour round trip—to the nearest SBA district office in Boston.”

    According to DOGE’s website, it has terminated 10 commercial leases in Massachusetts that house federal offices. Among the terminated leases, effective June 1, is 894 square feet of office space located at 1 Federal Street in Springfield, home to the SBA’s district office.

    There are no longer any employees working at the Springfield district office, with the last remaining staff member having left in recent weeks—and no plans exist to relocate the office and hire new employees.

    The lawmakers request responses by May 30, 2025, to questions including:

    • Who specifically authorized or approved the decision to terminate the lease for the SBA district office located at 1 Federal Street, Springfield, Massachusetts?
    • Did DOGE, SBA, or another federal agency or office initiate this decision? Did SBA object to or oppose the lease termination at any point? If so, please provide any documentation or summary of its position.
    • How does SBA plan to ensure that small business owners in Western Massachusetts, including rural and underserved areas, retain access to the in-person services previously provided by the Springfield office?
    • What accommodations, if any, will be made for small business owners who now face significant travel burdens to access SBA services in Boston or elsewhere? Has SBA considered the economic and logistical hardship the closure imposes on these small business owners?
    • Was there any public notice, stakeholder consultation, or opportunity for comment provided prior to the decision to close the Springfield office? If so, when and in what form did the notice or consultation occur? What feedback, if any, did local businesses, elected officials, or community leaders provide?

    On March 20, Senators Markey and Warren sent a letter to General Services Administration (GSA) Acting Administrator Stephen Ehikian, asking what factors went into GSA’s decision to cancel or not renew 17 leases in Massachusetts, including the Springfield District Office.

    MIL OSI USA News –

    May 29, 2025

  • MIL-OSI Africa: At African Development Bank Group 2025 Annual Meetings, young agripreneurs transforming Africa’s Agriculture in spotlight

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

    ABIDJAN, Ivory Coast, May 28, 2025/APO Group/ —

    An Ivorian entrepreneur who started up a snack food business with about $100, then transformed it into a multinational supplier of a popular potato chip, is crediting the African Development Bank’s Enable Youth program for his success.

    Thirty-year-old “Mon chips” brand founder Koffi Amani François Xavier told an audience Tuesday on the sidelines of the African Development Bank Group 2025 Annual Meetings, that his participation in the Enable Youth AgriPitch competition – which empowers young people in the agribusiness sector -helped him develop the skills he needed to scale up his business.

    Xavier was a featured speaker at the Annual Meetings side event focused on supporting African youth and innovation in Africa’s agriculture sector, held on Monday 26 May.  The“Mobilizing Africa’s Agripreneurs: Unleashing the Next Generation of Agricultural Innovators“ session showcased the transformational impact of the ENABLE Youth Program, which has supported more than 100,000 young people in agriculture across 18 African countries and has facilitated the estimated creation of 240,000 jobs.

    “Agriculture offers the largest scale and quickest wins for youth employment. That’s why the African Development Bank launched the ENABLE Youth Program in 2016. We knew that if we could support young people to become “agri-preneurs,” they would build businesses that not only feed Africa but employ millions of people,” Dr. Beth Dunford, African Development Bank Vice President for Agriculture, Human and Social Development said in her remarks.

    The side event drew policymakers, private sector leaders, development partners, young agripreneurs and other participants to share insights on scaling up youth-led agribusinesses across Africa.  Xavier not only participated in the AgriPitch competition that offers business development training, mentorship and exposure to potential investors – he was an AgriPitch winner of $25,000 two years ago.

    “Thanks to the Bank’s AgriPitch competition, we were able to modernize our production, reach 150 points of sale [stores] in Côte d’Ivoire, and establish a presence in four countries,” Xavier said. He told side event attendees that since the competition, he expanded his work force to 26 employees, 80 percent of his employees are women, and that his operations now process 50 tons of potato chips per year.

    Bank Enable Youth Coordinator Edson Mpyisi moderated a  panel on creating opportunities for youth-led agribusinesses through policy reform, financing mechanisms, private sector mentorship, and access to markets. Panelists included: Dr. Martin Fregene, Bank Director for Agriculture and Agro-Industry; Diana Gichaga, Managing Partner of Private Equity Support; Dr. Ismahane Elouafi, Executive Managing Director of CGIAR; Frank Nyabundege, Managing Director at Tanzania Agricultural Development Bank; and AgriPitch winner Xavier, whose company is registered as Etoduma SARL.

    Africa is home to the youngest population in the world – with more than 60 percent of the continent’s population under the age of 25. By 2030, one out of every two new entrants in the global labour force will come from Africa.

    The gathering also delved into the prospects of a proposed “Enable Youth 2.0” – a scaling up of Enable Youth’s success that will focus on innovative and inclusive financing, capacity building, market linkages and climate resilience. The Enable Youth Program aligns with Bank commitments under its Ten-Year Strategy (2024 – 2033) – to place youth at the center of Africa’s agricultural and economic transformation.

    Organizing or sponsoring initiatives such as the African Youth Agripreneur Forum, AgriPitch Competition, and Youth Entrepreneurship Investment Banks, the African Development Bank continues to mobilize investment, innovation, and partnerships to help realize Africa’s agrifood potential.

    MIL OSI Africa –

    May 29, 2025

  • MIL-OSI Africa: 2025 Annual Meetings: Africa’s Vast Human and Natural Capital Key to Achieving African Union’s Agenda 2063, experts affirm

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

    ABIDJAN, Ivory Coast, May 28, 2025/APO Group/ —

    Africa, the world’s youngest continent with immeasurable natural resources, has all it needs to achieve the African Union’s Agenda 2063, provided the right public policies are implemented, according to government officials and development experts.

    The experts expressed this shared conviction on Monday during the 2025 Annual Meetings of the African Development Bank Group, taking place in Abidjan, Côte d’Ivoire, under the theme “Making Africa’s Capital Work Better for Africa’s Development.”

    Speaking at a knowledge event titled “Second Ten-Year Implementation Plan for Agenda 2063: An Opportunity to Develop and Finance Africa’s Capital,” Koffi N’Guessan, Ivorian Minister of Vocational Training and Apprenticeships, reaffirmed that Agenda 2063 — adopted in January 2015 by the African Union – remains the strategic framework for the continent’s economic and social transformation.

    N’Guessan noted that, despite a challenging global environment, the last decade has seen notable progress in Africa, particularly in economic and political integration, gender equality, and access to employment opportunities.

    However, he acknowledged that previous efforts have often fallen short of addressing the continent’s structural transformation needs, including job creation for youth and poverty reduction.

    “The second Agenda 2063 implementation plan, adopted in February 2024 by the African Union, offers a crucial opportunity to tackle these challenges and accelerate development outcomes,” he said.

    According to the Ivorian Minister, Africa is poised to become a major global power, alongside China and India, due to its demographic potential. However, he stressed that African countries should prioritize vocational and technical training to fully harness this demographic dividend.

    He highlighted a worrying trend: approximately 22.5 percent of young people aged 15 to 24 are unemployed with no education or training. Additionally, 250 million children and young people in low-income countries are not in school, underlining the disconnect between education systems and labor market needs. “Youth can become a liability if robust training policies are not implemented – from nursery school through to university,” he warned.

    Taking natural capital into account when calculating GDP

    Hervé Lohouès, Division Manager in the Country Economics Department at the African Development Bank, emphasized the importance of natural wealth in calculating the GDP of African countries.

    “The GDP of a country like the Central African Republic would increase by 300 percent if its natural resources were taken into account in the calculation of its GDP,” he asserted.

    He added: “It is essential to go beyond natural enhancement and ensure that all African countries adopt a compulsory development plan. We also need to ensure that governments provide incentives for transformation while considering accountability that can directly help the transition from natural to social infrastructure.”

    Jide Okeke, Regional Program Coordinator for Africa at the United Nations Development Programme, and Dagmawit Moges Bekele, former Eritrean Minister of Transport and Director of the Peace Fund at the African Union Commission, both stressed the need to leverage human, financial, natural and digital resources to drive inclusive and sustainable development — key to achieving the objectives outlined in the second decade of Agenda 2063.

    MIL OSI Africa –

    May 29, 2025

  • MIL-OSI Russia: Orders from US buyers rise significantly after China-US trade talks: Chinese Foreign Ministry spokesman

    Translation. Region: Russian Federal

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

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

    BEIJING, May 28 (Xinhua) — Since China and the United States held economic and trade talks in Geneva earlier this month, trade tensions between the two countries have eased, orders from U.S. buyers have increased significantly and shipping services are operating at full capacity, Foreign Ministry spokesperson Mao Ning said Wednesday.

    “This fully reflects the major mutual needs of each side,” Mao Ning said at a regular departmental press conference.

    Mao Ning’s statement followed comments made by Michael Hart, president of the American Chamber of Commerce in China, at the Global Trade and Investment Promotion Summit in Beijing last week, in which Hart noted that China is both an important market for American goods and an important supplier of goods to the United States.

    The essence of China-US trade and economic relations is mutual benefit and win-win, Mao Ning said, adding that trade and economic cooperation between the world’s two largest economies has brought tangible benefits to enterprises and consumers in both countries.

    Protectionism leads nowhere, Mao Ning continued, saying that China welcomes foreign enterprises, including American ones, to develop their businesses in China, deepen mutual cooperation, and jointly create favorable opportunities for a bright future. -0-

    MIL OSI Russia News –

    May 29, 2025

  • MIL-OSI Russia: China’s State Council to Oversee Investigation into East China Chemical Plant Explosion

    Translation. Region: Russian Federal

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

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

    BEIJING, May 28 (Xinhua) — The Industrial Safety Commission of the State Council will oversee the investigation into an explosion that occurred at a chemical plant in eastern China’s Shandong Province, the Ministry of Emergency Management said Wednesday.

    The incident, which left five people dead and six missing, occurred in Gaomi City on Tuesday.

    The committee called for a thorough investigation to establish the cause of the explosion and bring those responsible to justice in accordance with laws and regulations.

    The Industrial Safety Committee, together with the Office of the National Disaster Prevention and Mitigation Commission, called on relevant departments and companies to learn from recent incidents, strengthen safety risk prevention during the upcoming Duanwu national holiday, and take decisive measures to prevent major incidents. –0–

    MIL OSI Russia News –

    May 29, 2025

  • MIL-OSI Russia: China to issue new local government bonds worth about 1.5 trillion yuan in January-April 2025

    Translation. Region: Russian Federal

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

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

    BEIJING, May 28 (Xinhua) — Local governments across China issued new bonds worth about 1.49 trillion yuan (about 207.63 billion U.S. dollars) in the first four months of this year, data released by the Ministry of Finance showed Wednesday.

    The volume of targeted bonds issued amounted to over 1.19 trillion yuan, while ordinary bonds amounted to 302.3 billion yuan.

    As of the end of April, the remaining debt obligations of local governments across the country amounted to about 50.69 trillion yuan, according to data from the aforementioned department.

    China plans to take more proactive financial policies this year to support sustainable economic and social development. According to the government work report released this year, the country plans to issue 4.4 trillion yuan of local government bonds this year, up 500 billion yuan from the previous year. -0-

    MIL OSI Russia News –

    May 29, 2025

  • MIL-OSI: Rapsodo Elevates Its Golf Performance Tracking with Introduction of Two New Club Data Metrics on the MLM2PRO

    Source: GlobeNewswire (MIL-OSI)

    ST. LOUIS, May 28, 2025 (GLOBE NEWSWIRE) — Rapsodo, a leading sports data and performance technology company, has added two new key club data metrics, club path and angle of attack, to its award-winning mobile launch monitor, the Rapsodo MLM2PRO. The additions bring the total number of key golf metrics available through the Rapsodo MLM2PRO to 15 for users with an MLM2PRO premium membership. The additions complement Club Head Speed and Smash Factor to round out the best performance indicators to help any golfer understand and improve their swing for shot accuracy, consistency and distance.

    Club path measures the direction the club head moves at the moment of impact relative to the target line. Having a positive club path indicates that the club head is moving from the inside to the outside of the target line. Conversely, a negative value indicates movement to the left, outside to inside. Avoiding the extremes and maintaining a more neutral club path is optimal for improved accuracy and increased distance.

    Angle of Attack refers to the vertical direction the club head moves at impact. The angle can be positive or negative and is key to optimizing distance and trajectory. For example, a driver performs best in an upward motion, or positive angle of attack, because it optimizes ball launch, reduces spin and increases the total carry, allowing for a higher, more controlled ball flight for distance. Irons are typically optimized with a downward strike, or negative angle of attack. The downward strike with an iron is key for controlling spin and trajectory, helping the ball land solidly on the green instead of bouncing off to the sand.

    The addition of the new metrics continues to prove Rapsodo’s commitment to innovating its products and delivering unparalleled performance. Golfers of all skill levels can enjoy top-tier, instant, detailed feedback at their fingertips to help lower their scores. The all-in-one device also offers access to 30,000 simulated courses, providing professional-grade, multi-dimensional views of golf courses worldwide, to practice anywhere, anytime.

    “These new key golf metrics not only expand the performance of club data available to our users, but they also reinforce our promise to continually innovate and deliver more value through the MLM2PRO Premium Membership platform,” said Pete Gibbons, director of golf at Rapsodo. “Using the MLM2PRO to perfect one’s swing can help even the most novice of golfers shave off three to four bad shots a round, which could be the difference between breaking 100 for the first time. For experienced golfers, perfecting these metrics could take their game into the upper 4% of all golfers, breaking 80.”

    All MLM2PRO ($699.99) devices include a free 45-day trial of the MLM2PRO Premium Membership. The annual membership is $199, and a lifetime membership is $499. The new metrics will be delivered to existing users through a firmware and app update.

    For more information, visit rapsodo.com and see the media kit here.

    About Rapsodo
    Rapsodo defies limits with affordable, professional-grade technology to enhance the way athletes play across the world. Used by MLB teams, NCAA Division I Champions, and elite PGA coaches, Rapsodo technology has earned multiple MyGolfSpy’s Best of Golf Awards and the Official Player Development Partner of USA Baseball, affirming Rapsodo’s leadership in golf, baseball, and softball tech. Do what you didn’t think was possible. Play Without Limits. Play with Rapsodo. Discover more at Rapsodo.com.

    Media Contact:
    Tara Evans
    Uproar by Moburst for Rapsodo
    tara.evans@moburst.com

    The MIL Network –

    May 29, 2025

  • MIL-OSI: Kalle Virtanen appointed Oma Savings Bank’s Chief Operating Officer and member of the management team

    Source: GlobeNewswire (MIL-OSI)

    OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE 28 MAY 2025 AT 17.00 PM CHANGES IN BOARD/MANAGEMENT/AUDITORS


    Kalle Virtanen appointed Oma Savings Bank’s Chief Operating Officer and member of the management team

    Oma Savings Bank Plc (OmaSp or the company) has appointed Kalle Virtanen (L.LM, trained on the Bench, L.LM (Stockholm) and CEFA) Chief Operating Officer (COO) and member of the management team. Virtanen will start in his position on 1 August 2025.

    Chief Operating Officer (COO) is a new role within OmaSp and the unit lead by Virtanen will be responsible for OmaSp’s retail and corporate banking support functions such as back-office and financial crime prevention. Kalle Virtanen focuses particularly on enhancing the bank’s operational efficiency and, through that, improving the customer experience.

    Virtanen has over 25 years of experience in banking and finance, and he has held several expert and business leadership roles in the sector. Virtanen has most recently worked as EY’s Financial Services Law practice lead in Finland and before that in Nordea.

    ”Our transformation journey continues. We have significantly strengthened our resources in regulatory compliance, risk management, and back-office functions — all critical areas in banking — and have recruited new professionals for key roles. We are very pleased to welcome an experienced and capable leader like Kalle to our team to help further develop OmaSp operations. Kalle’s strong leadership and expertise are exactly what we need at this stage,” says Karri Alameri, OmaSp CEO.

    “OmaSp is a well-capitalized bank, its staff is active, and OmaSp has a nationwide network for meeting and serving customers. I look forward to the upcoming tasks and collaboration with new colleagues and stakeholders with interest and enthusiasm,” says Kalle Virtanen.

    The appointment is subject to the Finnish Financial Supervisory Authority’s approval of the fit and proper assessment concerning Virtanen.

    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 –

    May 29, 2025

  • MIL-OSI: EMGS: Notice of Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    Notice is hereby given of the annual general meeting of Electromagnetic Geoservices ASA (“EMGS” or the “Company”). The annual general meeting will be held at the Company’s offices in Karenslyst Allé 4, 4(th) floor, 0278 Oslo, Norway on 19 June 2025 at 12:00 CEST.

    The calling notice is attached to this stock exchange notification, and will, together with all appendixes, the Company’s annual report for 2024, and the remuneration report for 2024 be published on the Company’s webpage www.emgs.com.

    Contact
    Anders Eimstad, Chief Financial Officer, +47 94 82 58 36

    About EMGS
    EMGS, the marine EM market leader, uses its proprietary electromagnetic (EM) technology to support oil and gas companies in their search for offshore hydrocarbons. EMGS supports each stage in the workflow, from survey design and data acquisition to processing and interpretation. The Company’s services enable the integration of EM data with seismic and other geophysical and geological information to give explorationists a clearer and more complete understanding of the subsurface. This improves exploration efficiency and reduces risks and the finding costs per barrel. CSEM technology can also be used to detect the presence of marine mineral deposits (primarily Seabed Massive Sulphides) and EMGS believes that the technology can also be used to estimate the mineral content of such deposits. The Company is undertaking early-stage initiatives to position itself in this future market.

    This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

    Attachment

    • Calling notice EMGS 2025 AGM

    The MIL Network –

    May 29, 2025

  • MIL-OSI: ROTH Announces the Addition of Kyle Bauser, Ph.D. to its Healthcare Research Team

    Source: GlobeNewswire (MIL-OSI)

    NEWPORT BEACH, Calif., May 28, 2025 (GLOBE NEWSWIRE) — via IBN – Roth Capital Partners (“ROTH”), www.roth.com, today announced Kyle Bauser, Ph.D., as Managing Director, Senior Research Analyst. Dr. Bauser has joined the firm’s healthcare research team, covering the medical technology sector. He has over a decade of MedTech experience across equity research and industry.

    Dr. Bauser began his career in MedTech equity research over 12 years ago at Piper Sandler. He later worked in marketing and corporate development at Vascular Solutions before returning to research at Dougherty & Co, where he became Managing Director and Co-Head of Equity Capital Markets. His research primarily focuses on small- to mid-cap and underfollowed companies with novel technologies. He studied Mathematical Economics and Pre-Med at Colorado College as an undergraduate and earned a Ph.D. in Economics from the City University of New York Graduate Center.

    Jeff Martin, CFA, Co-Director of Research & Senior Research Analyst at ROTH, commented, “I’m pleased to welcome Kyle to our healthcare research team. I am confident his strong research background and understanding of equity markets in MedTech will serve our clients well.”

    “We are committed to expanding our research department across industries and market caps”, said Sagar Sheth, CEO of ROTH. “I’m confident that Kyle’s expertise will provide valuable insights for our clients and help expand our healthcare practice.”

    Dr. Bauser noted, “I am thrilled to be joining the impressive ROTH platform, which has a full suite of offerings dedicated to small-cap growth companies. I look forward to collaborating with the team and utilizing my diverse set of experiences to identify unique MedTech opportunities for our clients.”

    Since 2010, ROTH has been involved in over 600 transactions for its healthcare clients, with a total transaction value of over $25 Billion. (Source: ROTH 05.21.25)

    About ROTH:
    ROTH is a relationship-driven investment bank focused on serving growth companies and their investors. Our full-service platform provides capital raising, high impact equity research, macroeconomics, sales and trading, technical insights, derivatives strategies, M&A advisory, and corporate access. Headquartered in Newport Beach, California, Roth is a privately held, employee-owned organization and maintains offices throughout the U.S. For more information on Roth, please visit www.roth.com.

    Investor Contact
    ROTH
    Isabel Mattson-Pain
    Managing Director, Chief Marketing Officer
    imattson-pain@roth.com | 949.720.7117
    ROTH – Member FINRA/SIPC – www.roth.com

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

    The MIL Network –

    May 29, 2025

  • MIL-OSI: Lakeside Software Named a Leader in Gartner® Magic Quadrant™ for Digital Employee Experience Management Tools for Second Consecutive Year

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, May 28, 2025 (GLOBE NEWSWIRE) — Lakeside Software, the first AI-driven digital employee experience company, has been named a Leader in the Gartner® Magic Quadrant™ for Digital Employee Experience (DEX) Management Tools for the second consecutive year. The Magic Quadrant evaluated 16 vendors and recognized Lakeside as a Leader based on its strengths and cautions among other vendors.

    “Digital employee experience management tools measure and help IT continuously improve employee sentiment toward and the performance of company-provided technology. They continuously surface actionable insights, drive self-healing automations, and optimize support and employee engagement via the near-real-time processing of aggregated data from endpoints, applications, employee sentiment and organizational context. These insights enable self-healing and can enhance employee interactions with self-service portals and chatbots. They also help IT support, asset management, procurement and other teams whose work depends on reliable information,” states the report.

    “We’re honored to be recognized once again as a Leader by Gartner in the DEX category,” said Mike Schumacher, CEO of Lakeside Software. “Enterprises are increasingly looking to AI-driven insights to improve digital experiences, and it all starts with data you can trust. For more than 25 years, Lakeside has provided the deep visibility and high-quality telemetry needed to power smarter decisions, reduce IT friction, and create more productive digital environments. In our opinion, this recognition reaffirms our commitment to delivering intelligence that drives measurable outcomes.”

    The Gartner Magic Quadrant for Digital Employee Experience Management Tools evaluates vendors on their ability to execute and completeness of vision. According to Gratner, “Leaders exhibit strong execution and vision scores and exemplify the functionality required for IT organizations to continuously evaluate and improve DEX. Leaders have the broadest set of capabilities, strongest roadmaps, a larger installed base and cover the most geographic regions and industries.”

    Lakeside continues to gain momentum in 2025, strengthening its position as a trusted partner in proactive, AI-driven IT operations and digital employee experience. This year, the company launched the SysTrack Mobile Experience, extending real-time visibility beyond the desktop to support today’s increasingly mobile and distributed workforce. As enterprises look to execute digital transformation initiatives, realize stronger ROI, and create more satisfied, engaged employees, Lakeside is delivering the insight and visibility they need to move from reactive IT to strategic impact.

    Gartner Disclaimer

    Magic Quadrant for Digital Employee Experience Management Tools by Dan Wilson, Stuart Downes, and Lina Al Dana. 26 May 2025.

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

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

    About Lakeside Software
    Lakeside Software is ushering in a new era of proactive IT with SysTrack, the industry’s most powerful AI-driven Digital Employee Experience (DEX) platform. Trusted by Fortune 500 companies worldwide, Lakeside SysTrack dramatically reduces IT costs, prevents system failures before they occur, and drives strategic decision-making through unparalleled visibility. Learn how you can reduce annual IT costs per employee at lakesidesoftware.com.

    Media Contact
    Bridget Bell
    bridget.bell@lakesidesoftware.com

    The MIL Network –

    May 29, 2025

  • MIL-OSI: Oma Savings Bank Plc’s Board of Directors resolved on a directed share issue to the personnel on of the company for the transfer of savings shares in the share savings plan

    Source: GlobeNewswire (MIL-OSI)

    OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE, 28 MAY 2025 AT 17.30 P.M EET, OTHER INFORMATION DISCLOSED ACCORDING TO THE RULES OF THE EXCHANGE


    Oma Savings Bank Plc’s Board of Directors resolved on a directed share issue to the personnel on of the company for the transfer of savings shares in the share savings plan

    The Board of Directors of Oma Savings Bank Plc established on 29 February 2024 a share savings plan for the employees of the company (“OmaOsake-plan”). The main terms and conditions of the OmaOsake-plan were described in a stock exchange release issued on 29 February 2024. In the OmaOsake-plan, the employees can save a proportion of their salary and invest the savings to the shares of Oma Savings Bank Plc. The savings are used to acquire shares two times in a year.

    To implement the OmaOsake-plan, the Board of Directors resolved to issue a total of 24,318 new shares of Oma Savings Bank Plc. The share issue is directed, deviating from the shareholders’ pre-emptive subscription right, to the participants of the OmaOsake-plan. The company has a weighty financial reason for the deviation from the shareholders’ pre-emptive right, since the purpose of the share issue is to implement the OmaOsake-plan in accordance with its terms and conditions. The share issue is based on the authorisation given by the Annual General Meeting on 8 April 2025.

    The new shares are the savings shares subscribed for with the savings accumulated under the OmaOsake-plan during 1 October 2024 – 31 March 2025. The shares have been subscribed for 7.51 euros per share, which corresponds to the volume-weighted average price of the share during 1 April – 30 April 2025, deducted by 10 per cent. The subscription price is credited to the Company’s reserve for invested unrestricted equity.

    The estimated registration date of the new shares to the trade register is 12 June 2025 and the new shares are estimated to be traded alongside the old shares on Nasdaq Helsinki Ltd on 13 June 2025. After the share issue, the number of Oma Savings Bank Plc’s shares is 33,317,089.

    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 –

    May 29, 2025

  • MIL-OSI USA: Press Release: FDIC-Insured Institutions Reported Return on Assets of 1.16 Percent and Net Income of $70.6 Billion in the First Quarter

    Source: US Federal Deposit Insurance Corporation FDIC

    Net Income Increased From the Prior Quarter, Led by Higher Noninterest Income: For the 4,462 FDIC-insured commercial banks and savings institutions quarterly net income totaled $70.6 billion, up $3.8 billion (5.8 percent) from the prior quarter. The banking industry reported an aggregate ROA of 1.16 percent in first quarter 2025, up from 1.11 percent in fourth quarter 2024 and 1.09 percent in the year-ago quarter. The quarterly increase in net income was led by higher noninterest income (up $5.4 billion, or 7 percent). Gains in noninterest income were due to market movements and volatility as several large firms reported mark-to-market gains on certain financial instruments in the quarter. Lower losses on the sale of securities also contributed to an increase in net income.

    Community Bank Net Income Increased From Last Quarter: Quarterly net income for the 4,022 community banks insured by the FDIC totaled $6.8 billion in the first quarter, an increase of $621.0 million (10 percent) from fourth quarter 2024. The community bank pretax ROA increased 11 basis points from last quarter to 1.18 percent. Higher net interest income (up $315.7 million, or 1.4 percent) and lower losses on the sale of securities (up $313.7 million, 54.8 percent) along with lower provision expenses (down $249.7 million, or 19 percent) and noninterest expenses (down $423.2 million, or 2.3 percent) more than offset lower noninterest income (down $476.6 million, or 9.1 percent).

    Quarterly Net Interest Margin Ticked Down From the Prior Quarter: The industry reported a modest quarterly decline in net interest income (down $278.3 million, or 0.2 percent), as interest income decelerated slightly more than interest expense. The net interest margin (NIM) fell by two basis points to 3.25 percent, equal to the pre-pandemic average. [1] The community bank NIM of 3.46 percent increased two basis points quarter over quarter, increasing for the fourth consecutive quarter, but is still below the pre-pandemic average of 3.63 percent.  

    Asset Quality Metrics Remained Generally Favorable, Though Weakness in Certain Portfolios Persisted: Past-due and nonaccrual (PDNA) loans, or loans that are 30 or more days past due or in nonaccrual status, fell one basis point from the prior quarter to 1.59 percent of total loans. The industry’s PDNA ratio is still below the pre-pandemic average of 1.94 percent.  While banks reported quarterly decreases in PDNA of credit card loans (down $2.7 billion, or 9 basis points to 3.22 percent), and auto loans (down $2.6 billion, or 48 basis points to 2.84 percent), weaknesses persisted in certain portfolios. The PDNA rate for commercial real estate (CRE) portfolios is the highest it has been since the fourth quarter of 2014 at 1.49 percent. Multifamily CRE PDNAs have grown the most in the past year, up 88 basis points to 1.47 percent.

    The industry’s net charge-off ratio decreased three basis points to 0.67 percent from the prior quarter and is one basis point higher than the year-ago quarter. This ratio is 19 basis points above the pre-pandemic average. Most portfolios had net charge-off rates above their pre-pandemic averages including credit card loans, 123 basis points above the pre-pandemic average at 4.71 percent.  

    Loan Growth Remains Modest: Total loan and lease balances increased $62 billion (0.5 percent) from the previous quarter. The largest portfolio increases were reported in loans to non-depository financial institutions, in part due to continued reclassifications following the finalization of changes to how certain loan products should be reported. In addition to these reclassifications, commercial and industrial, and multifamily CRE contributed to the industry’s quarterly loan growth. The industry’s annual rate of loan growth in the first quarter was 3.0 percent, below the pre-pandemic average of 4.9 percent.

    Total loans at community banks increased 0.8 percent from the prior quarter and 4.9 percent from the prior year, led by increases in nonfarm nonresidential CRE loans and 1-4 family residential mortgage portfolios.

    Domestic Deposits Increased for the Third Consecutive Quarter: Domestic deposits increased $180.9 billion (1 percent) from fourth quarter 2024, rising for a third consecutive quarter. Savings deposits increased, with declines in small time deposits partially offsetting the increases. Brokered deposits decreased $14.9 billion (1.2 percent) from the prior quarter, declining for the fifth consecutive quarter. Estimated insured deposits increased this quarter (up $110.5 billion, or 1 percent).

    The Deposit Insurance Fund Reserve Ratio Increased Three Basis Points to 1.31 Percent: In the first quarter, the Deposit Insurance Fund balance increased $3.8 billion to $140.9 billion. The reserve ratio increased three basis points during the quarter to 1.31 percent.

    Change in Number of Insured Institutions: The total number of FDIC-insured institutions declined by 25 during the first quarter to 4,462. During the quarter, one bank opened, one bank failed and did not file a Call Report in the prior quarter, one bank was sold to an uninsured institution, and 25 institutions merged with other banks. 

    ATTACHMENTS:
    Quarterly Banking Profile Home Page
    Charts & Data
    FDIC Statement

    # # #

    MEDIA CONTACT: 
    Julianne Breitbeil
    202-340-2043
    JBreitbeil@FDIC.gov

    [1] The “pre-pandemic average” refers to the period of first quarter 2015 through fourth quarter 2019 and is used consistently throughout this press release.

    MIL OSI USA News –

    May 29, 2025

  • MIL-OSI United Kingdom: SFO charges global aircraft parts supplier with fraud offence

    Source: United Kingdom – Executive Government & Departments

    Press release

    SFO charges global aircraft parts supplier with fraud offence

    Jose Alejandro Zamora Yrala is charged with fraudulent trading as part of an SFO investigation into a company that sold parts for aircraft engines.

    The Serious Fraud Office (SFO) has today charged Jose Alejandro Zamora Yrala with fraudulent trading as part of its investigation into a company that sold airline parts for the passenger and cargo aircraft engines, the CF56 and CF6. 

    Zamora Yrala, the company director, is accused of operating UK-based AOG Technics for a fraudulent purpose. The company’s customers included airlines, maintenance providers and parts suppliers. 

    From 2019 to 2023 the company allegedly defrauded customers by falsifying documentation that related to the origin, status or condition of aircraft parts. 

    Planes in the UK and elsewhere around the world were grounded in 2023 after the UK’s Civil Aviation Authority, the United States’ Federal Aviation Administration, and the European Union Aviation Safety Agency issued safety alerts to airlines that may have bought or installed AOG’s parts. 

    Soon after, the SFO launched an investigation, later agreeing to conduct a joint investigation with Portuguese authorities into the supply of suspected fraudulent safety certification and parts. The Portuguese investigation is ongoing and last week authorities searched ten locations across Portugal and made three arrests with SFO officers in attendance.  

    Zamora Yrala will appear at Westminster Magistrates Court on Monday 2 June 2025. 

    Nick Ephgrave QPM, Director of the Serious Fraud Office (SFO), said: 

    Planes were grounded, and significant disruption was caused, today’s charges are the outcome of a focussed and fast paced investigation.

    I’m proud that we’ve acted swiftly, together with our Europeans partners, to bring this important case to charge in just 19 months.

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    Updates to this page

    Published 28 May 2025

    MIL OSI United Kingdom –

    May 29, 2025

  • MIL-OSI Africa: Concerns raised over social grant beneficiaries choosing bank accounts amid rising charges

    Source: South Africa News Agency

    The North West Legislature Portfolio Committee on Health and Social Development has expressed concerns regarding the increasing number of social grant beneficiaries opting to receive their payments through personal bank accounts. 

    The committee said this decision could diminish the value of their grants because of the associated bank charges.

    The issue was raised during a recent oversight meeting with the South African Social Security Agency (SASSA) and the Department of Social Development. 

    SASSA reported that 43 945 grant recipients have chosen to receive their payments directly into their bank accounts, instead of using the traditional SASSA gold cards or the newer Postbank black cards.

    The committee, chaired by Karabo Magagane, believed shifting to personal bank accounts may have unintended consequences.

    “These beneficiaries may not realise that they are losing money to transaction fees and service charges, funds that are meant to support their most basic needs,” she said.

    The meeting was convened to provide an update on the ongoing migration from SASSA gold cards to Postbank black cards. 

    This migration was initiated by the South African Reserve Bank (SARB) following a security breach that affected the previous card system.

    Beneficiaries were originally given a deadline of 31 May 2025 to transition to the new cards. However, that cut-off date has since been removed, allowing beneficiaries to continue applying for payments through either their bank accounts or Postbank black cards.

    “People were rushing to switch cards, some even under pressure. Now, they need clarity and reassurance that their current cards are still functional. You need to ensure that this is communicated widely,” said Magagane.

    The leaders expressed concerns about the limited availability of Postbank conversion sites in the province. 

    Currently, only 12 sites are operational across the North West.

    “Many of our elderly citizens live far from these centres and are not able to travel long distances just to access a card. This could be a driving factor behind the shift to personal bank accounts,” Magagane added. 

    Committee members expressed concern about the extra informal costs incurred by grant recipients. 

    This is after they discovered that spaza shops reportedly charge R10 for each withdrawal, which further decreases the funds that recipients receive.

    “This completely defeats the purpose of a social grant. A grant is supposed to alleviate poverty, not get eaten up by unnecessary charges,” said one committee member.

    In response to the challenges raised, the committee pledged continued engagement with SASSA and Postbank. 

    “We are committed to ensuring that no beneficiary is left behind. We will push for ongoing awareness campaigns, improved accessibility, and sustained outreach efforts so that every grant recipient understands their options and the implications of each,” Magagane added. 

    The committee is scheduled to reconvene in a few weeks to review implementation plans and assess progress on these critical issues. – SAnews.gov.za

    MIL OSI Africa –

    May 29, 2025

  • MIL-OSI Africa: No plans to reform SA’s mineral royalty regime – President Ramaphosa

    Source: South Africa News Agency

    Government remains committed to ensuring that South Africa continues to benefit equitably from its mineral wealth, while reaffirming that there are no current plans to reform the country’s mineral royalty regime. 

    Responding to oral questions in the National Assembly on Tuesday, President Cyril Ramaphosa addressed concerns raised by members regarding the country’s ability to fully capture the potential fiscal benefits of its mineral resources amid a global surge in demand for metals and minerals critical to the renewable energy transition. 

    “Any company that extracts a mineral resource in our country is required to pay the South African government a mineral royalty. This is because mineral resources are finite and cannot be replaced.

    “While it is always good to review existing policies against national priorities, there is no intention at this stage to reform the current mineral royalty regime,” the President said. 

    On the issue of the resource rent taxes, the President said that such taxes aim to ensure that companies extracting minerals pay a larger share of their profits to government whenever profits are high. 

    He explained that South Africa’s mineral royalty regime incorporates an element of the principle underlying resource rent taxes.

    The royalty rate is applied to the sales value of a mineral and is determined by a formula that varies according to profitability, as well as whether the mineral has been refined or is unrefined.

    “There is a minimum rate to ensure that even if profitability is low, the country is still reimbursed for resources that are extracted. In this way, government collects more corporate tax revenue and mineral royalty revenue during commodity booms leading to a higher level of taxation,” the President said. 

    President Ramaphosa cited statistics from the South African Revenue Service which show that mineral royalties doubled from R14.2 billion to R28.5 billion between 2020/21 and 2021/22 because of the commodity boom.

    They remained elevated in 2022/23 before dropping to almost R16 billion in 2023/24, indicating that companies were not as profitable in that year.

    In addition to the payment of mineral royalties, mining companies contribute to national revenue through the payment of corporate income tax, capital gains tax on the disposal of assets, VAT and employees’ pay-as-you-earn tax contributions.

    In the past financial year, the mining industry paid 14% of all corporate taxes in South Africa. Earlier this month, Cabinet adopted a Critical Minerals Strategy for the country, which places a sharper focus on domestic mineral value addition.

    “The strategy itself aims to maximise the country’s potential particularly in the global market for critical minerals, particularly those crucial for the country’s just energy transition and the ones for which the country holds comparative advantage. 

    “This strategy aims to ensure that South Africa derives greater benefits from its mineral wealth through beneficiation, through localisation and the people who work for those companies,” President Ramaphosa said. – SAnews.gov.za

    MIL OSI Africa –

    May 29, 2025

  • MIL-OSI Africa: Major progress in addressing Emfuleni water and sanitation challenges

    Source: South Africa News Agency

    The Emfuleni Local Municipality is making substantial strides in resolving its long-standing water and sanitation challenges, following decisive intervention by the Department of Water and Sanitation.

    The Vaal River System and surrounding communities have for years suffered from the persistent problem of severe sewage pollution and spillages.

    Despite several interventions by the Ekurhuleni Water Care Company (ERWAT) and the South African National Defence Force, the problem persisted.

    In response, the Department of Water and Sanitation invoked Section 63 of the Water Services Act in 2021, and appointed Rand Water as its implementing agent, to address the situation.

    According to the department, the intervention has already achieved significant milestones. These include unblocking and replacing collapsed sewer lines; refurbishment of pumpstations and existing wastewater treatment works; and assisting the municipality with essential operational tools of trade, including vehicles, and security.

    The department said the remaining work is now on upgrading the capacity of existing Waste Water Treatment Works (WWTW), which are currently struggling to handle the increased amount of sewage due to population growth over the recent decades.

    The department attributed the progress to strong intergovernmental relations, including Gauteng Provincial Government, Rand Water and Emfuleni Local Municipality.

    The total estimated cost of the intervention is R7.6 billion over a seven-year period, including completion of the major capital works.

    The department highlighted that the scope of work will include the upgrades of four WWTW, which will require 3-5 years to complete, based on the engineer’s estimation of the work.

    The scope of work includes upgrading four wastewater treatment facilities, Rietspruit, Leeukuil, Sebokeng, and Meyerton, an effort estimated to take three to five years to complete.

    Rand Water has been assisting the municipality through staff training and procurement of vehicles and equipment to carry out maintenance work, among others.

    The refurbishment of four pump stations has also been completed and are now fully functional. The replacement of 50 collapsed sewer lines have also been completed.

    “As part of this work, two major projects were completed to replace and upgrade the main sewer pipeline from Rothdene pump station to Meyerton Waste Water Treatment Works, as well to replace the main sewer pipeline from pumpstation eight to pumpstation two.

    “In addition, a third project to replace the rising main sewer pipeline from pumpstation two to Leeukruil Waste Water Treatment Works, is 90% complete. Due to these interventions, the incidents of sewage spillages into the community in Emfuleni have reduced markedly,” the department said.

    According to the department, this has resulted in an improvement in the quality of the effluent from the Waste Water Treatment Works into the Vaal River.

    However, the department noted that this improvement is limited by the fact that the existing WWTW remain overloaded, and the problem will only be fully addressed, once the capacity of the treatment works is upgraded.

    The department said it is hard at work to increase the capacity of waste water treatment works, noting that the capacity of Sebokeng Waste Water Treatment Works has been increased by 50 ML per day to 150 ML per day.

    Designs have been completed for a further 50 ML upgrade of Sebokeng Waste Water Treatment Works.

    “Designs for the Rietspruit Waste Water Treatment Works (current capacity 36 ML per day), have been completed to increase the capacity of the WWTW by 50 ML/day. The contractor is currently on-site, [and] designs have been completed to increase the capacity of the Leeukuil Waste Water Treatment Works by 15 ML/day from the current capacity of 36 ML per day,” the department said, adding that work is expected to start anytime.”

    Work is still underway to increase the current capacity of the Meyerton Waste Water Treatment Works, from 10ML per day to 25 ML/day.

    As part of our overall intervention, a Special Purpose Vehicle (SPV) is being established to serve as a dedicated Water Service Provider (WSP) In the municipality.

    The establishment of the SPV aims to create a professionally managed, dedicated utility with full responsibility and accountability for the provision of water and sanitation services in Emfuleni.

    Discussions between the department, Emfuleni Local Municipality and Rand Water, are currently underway with National Treasury to obtain the necessary Public Finance Management Act (PFMA) and Municipal Finance Management Act (MFMA) approvals for its establishment.

    “The department is satisfied that these interventions are delivering the desired results. We can boldly state, without any fear of contradiction, that, as a result of Minister’s decisive intervention, incidents of sewage spillages into the community in Emfuleni have been drastically reduced.

    “Ongoing upgrading of the capacity of Waste Water Treatment Works is necessary to ensure that the problem is completely eliminated. The department will continue to fund Rand Water to complete the upgrades of the three Waste Water Treatment Works,” the department said.

    To maintain momentum, the department believes that focused attention and energy must be directed towards fighting vandalism and theft of infrastructure and addressing the scourge of non-revenue water.

    The department also acknowledged the positive role that communities and other sectors, through the political steering committee, continue to play as we intensify efforts to address the water and sewage challenges in the area. – SAnews.gov.za
     

    MIL OSI Africa –

    May 29, 2025

  • MIL-OSI Africa: RAF CEO placed on special leave

    Source: South Africa News Agency

    Wednesday, May 28, 2025

    Chief Executive Officer of the Road Accident Fund (RAF), Collins Letsoalo, has been placed on special leave with immediate effect.

    In a statement, the Department of Transport said that Deputy Minister Mkhuleko Hlengwa, as the delegated shareholder representative was informed by the board of the RAF of Letsoalo’s special leave.

    The decision was made at a special meeting on Tuesday, 27 May.

    “The CEO will be on special leave until the conclusion of the relevant investigations by the Special Investigations Unit (SIU), or such earlier date as the board may determine. The board has indicated that this is a precautionary measure and does not constitute disciplinary action or presumption of guilt,” said the department on Wednesday.

    According to the statement, the decision was taken solely in the interest of good governance and as a precautionary step to facilitate ongoing investigative processes. 

    “It does not imply any prejudgment or adverse finding against the CEO. In making this decision, it must be noted that the board exercised its fiduciary duties in terms of the Road Accident Fund Act, 56 of 1996, the Public Finance Management Act, 1 of 1999, and in alignment with the principles of good governance as set out in King IV.”

    Meanwhile, Phathutshedzo Lukhwareni will serve as the Acting Chief Executive Officer to ensure continuity of operations.

    The Deputy Minister has directed that this matter be placed on the agenda for the board meeting he has called for 09 June 2025. –SAnews.gov.za 
     

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    MIL OSI Africa –

    May 29, 2025

  • MIL-OSI Europe: Choose Europe for your startup and scaleup

    Source: European Union 2

    The Commission has launched an EU startup and scaleup strategy to make Europe a great place for starting and growing global technology-driven companies. It’s part of the broader Choose Europe initiative, and it will help strengthen Europe’s competitiveness.

    MIL OSI Europe News –

    May 29, 2025

  • MIL-OSI: WSO2 Acquires Leading API Analytics and Monetization Startup Moesif

    Source: GlobeNewswire (MIL-OSI)

    Austin, TX , May 28, 2025 (GLOBE NEWSWIRE) — WSO2, the leader in enterprise digital infrastructure technology, today announced it has acquired Moesif, a San Francisco-based startup specializing in advanced API analytics and monetization. The all-cash acquisition marks a strategic milestone in WSO2’s long-term plan to accelerate global growth through targeted inorganic opportunities.

    As part of the agreement, Moesif will operate as an independent subsidiary under WSO2’s API Management Business Unit. The Moesif brand and current product offering will be retained, and its leadership along with its team will continue to drive existing business and expand customer growth globally. Moesif customers will continue receiving the same level of service and support, while benefiting from WSO2’s global presence and expanded product offerings. Moesif’s advanced API analytics and monetization capabilities will also be integrated into WSO2’s product portfolio, bringing enhanced value to existing and future customers.

    “This acquisition is a first step in our strategy to establish WSO2 as a global technology leader through select inorganic opportunities,” said Dr. Sanjiva Weerawarana, founder and CEO of WSO2. “Moesif brings market-leading capabilities in API analytics and monetization, areas that are increasingly critical to digital businesses today. This is just the beginning—we’re committed to exploring further opportunities that align with our long-term goal to help enterprises deliver seamless, high-impact digital experiences.”

    The acquisition enhances WSO2’s positioning in the API management space by adding best-in-class analytics and monetization tools that help businesses optimize, measure, and generate revenue from their APIs. Moesif’s offerings will complement WSO2’s comprehensive API management platform, creating a synergy that benefits both customer bases.

    “Joining WSO2 is a natural next step in Moesif’s journey,” said Derric Gilling, founder and CEO of Moesif. “We share a deep commitment to empowering developers and businesses to build powerful digital experiences. As part of WSO2, we’ll continue to innovate rapidly, serve our customers with excellence, and now reach an even broader global audience.”

    WSO2 customers will start gaining access to Moesif’s capabilities as part of an enhanced product suite, while Moesif customers will benefit from WSO2’s global support infrastructure and expanded services.

    About WSO2
    Founded in 2005, WSO2 is the largest independent software vendor providing open-source API management, integration, and identity and access management (IAM) to thousands of enterprises in over 90 countries. WSO2’s products and platforms—including our next-gen internal developer platform, Choreo—empower organizations to leverage the full potential of artificial intelligence and APIs for securely delivering the next generation of AI-enabled digital services and applications. Our open-source, AI-driven, API-first approach frees developers and architects from vendor lock-in and enables rapid digital product creation. Recognized as leaders by industry analysts, WSO2 has more than 800 employees worldwide with offices in Australia, Brazil, Germany, India, Sri Lanka, the UAE, the UK, and the US, with over USD100M in annual recurring revenue. Visit https://wso2.com to learn more. Follow WSO2 on LinkedIn and X (Twitter).

    About Moesif
    Moesif is the leading AI-driven API analytics and monetization platform that helps companies build better developer experiences, monitor API usage, and drive revenue. With powerful tools for observability, governance, and product-led growth, Moesif empowers engineering and product teams to optimize APIs as a business channel. Moesif serves customers across many industries including logistics, fintech, and enterprise software including leading enterprises like UPS, Covetrus, and UK Royal Mail. Moesif was founded in 2017 and is based in San Francisco, US. Investors include Craft Ventures, Merus Capital, Heavybit, and Fresco. Visit www.moesif.com to learn more.

    Trademarks and registered trademarks are the properties of their respective owners.

    The MIL Network –

    May 29, 2025

  • MIL-OSI: Scrum Alliance and Miro Forge Strategic Partnership to Empower Agile Teams and Drive Innovation

    Source: GlobeNewswire (MIL-OSI)

    DENVER, May 28, 2025 (GLOBE NEWSWIRE) — Scrum Alliance®, the global leader in agile certification and professional membership, is thrilled to unveil a groundbreaking new partnership with Miro, the innovation workspace. This exciting collaboration, part of the recently launched Scrum Alliance Mission Sponsorship Program, represents a powerful alliance dedicated to empowering agile teams and individuals. Together, Scrum Alliance and Miro are committed to helping professionals navigate complexity, adapt to rapid change and excel in today’s fast-paced world.

    As a partner, Miro will join Scrum Alliance’s calling to deliver new resources, educational content, exclusive member benefits and high-impact initiatives aligned with the Scrum Alliance mission: to advance real-world agility.

    “At Scrum Alliance, we see agility as a catalyst for real business performance—accelerating delivery, sharpening collaboration, and strengthening leadership,” said Scrum Alliance CEO Tristan Boutros. “In an environment defined by constant and often unprecedented change, agility empowers organizations to respond with speed and confidence. Our partnership with Miro brings powerful alignment around those outcomes. As a Mission Sponsor, Miro will support our members with new, high-impact benefits and collaborate with us to advance key initiatives that fuel agility where it matters most—in the results.”

    Through this partnership, Scrum Alliance members will gain access to a range of benefits, including educational content developed in collaboration with Miro and members-only webinars designed to strengthen agile practice and collaboration.

    “Miro is deeply committed to the agile community. Its members are some of our greatest fans and champions, so it’s essential we seek out new and innovative ways to contribute meaningfully back to the community,” said Dave Ross, Chief Agile Evangelist at Miro. “We are pleased to strengthen our partnership through this sponsorship, supporting the educational journeys of agile practitioners as this community expands and evolves. We’re hugely grateful to the Scrum Alliance for making this opportunity possible.”

    Miro provides a visual workspace that enables distributed teams of any size to collaborate seamlessly across strategy, design, product development and process management. Trusted by more than 90 million users across 250,000 organizations—including leading brands such as Nike, IKEA, Deloitte and Cisco—Miro helps accelerate innovation and deliver solutions that meet customer needs.

    “The Mission Sponsorship Program represents a bold new way for Scrum Alliance to advance our mission in collaboration with values-aligned organizations, and we’re thrilled to welcome Miro as our first-ever Mission Sponsor,” said Tracee Aliotti, Chief Marketing Officer. “This partnership reflects our shared commitment to empowering agile teams and driving innovation. I’m excited about the opportunity to build lasting, purpose-driven collaborations that elevate both our organizations and the global agile community.”

    Scrum Alliance and Miro will also collaborate on a new “Agility in Practice” educational series, co-branded blog articles and resource development for Scrum Alliance User Groups worldwide. These initiatives aim to provide agile practitioners with practical tools and insights for innovation in distributed and hybrid team environments.

    The Mission Sponsorship Program was created by Scrum Alliance to build long-term, symbiotic partnerships that go beyond traditional sponsorship models. By partnering with organizations that share its values and vision, Scrum Alliance seeks to expand its impact and better support its global community of agile practitioners.

    About Scrum Alliance
    As the first not-for-profit focused on agile education and professional credentialing, Scrum Alliance continues to advance its position of Agile for Anyone™ by equipping professionals and their organizations with the education, skills, and community needed to succeed in today’s ever-evolving workplaces.

    Learn more at www.scrumalliance.org.

    About Miro

    Miro is the Innovation Workspace that enables teams of any size to build the next big thing. The platform’s infinite canvas enables teams to quickly move from idea to outcome. Miro is co-headquartered in San Francisco and Amsterdam, and serves more than 90M users worldwide. Miro was founded in 2011 and currently has more than 1,600 employees in 13 hubs around the world. To learn more, please visit https://miro.com. 

    Miro and the Miro logo are trademarks or registered trademarks of RealtimeBoard, Inc., in the United States and/or other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.

    Contact: press@miro.com

    Learn more at www.miro.com.

    Media Contact
    Bethany Rhodes
    Uproar by Moburst for Scrum Alliance
    bethany@moburst.com

    The MIL Network –

    May 29, 2025

  • MIL-OSI: Charli Capital Revolutionizes Private Equity Investing with Smart Deal Finder, Offers Access to Over 2 Million Private and Public Companies

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 28, 2025 (GLOBE NEWSWIRE) — Charli Capital, the force behind the proprietary Multidimensional AI™, is excited to unveil its latest breakthrough: Smart Deal Finder—a game-changing tool designed to reshape how investors, analysts, and financial leaders identify and evaluate opportunities across public and private markets. From venture capitalists to CFOs and CEOs, Smart Deal Finder delivers powerful insights not only to guide investment decisions but also to benchmark performance, track market sentiment, and understand how companies stack up against competitors in real time.

    Smart Deal Finder introduces a frictionless, intelligent experience for surfacing investment-grade companies—without the need for complex filters, tedious prompts, or keyword gymnastics. With a single, intuitive query, users can instantly identify businesses that align with their investment strategies, accessing detailed insights that have traditionally been out of reach.

    “We’re simplifying the future of deal discovery,” said Kevin Collins, CEO of Charli Capital. “With Smart Deal Finder, users get a data-rich, analyst-quality experience—without needing a team of researchers. This is about empowering every investor to discover the overlooked, the emerging, and the exceptional—with speed and confidence.”

    What Makes Smart Deal Finder a Game-Changer?

    Charli’s signature interface now offers a “Shopify-like” marketplace for investments, where investors can explore and purchase detailed scorecards and deep-dive reports in seconds. It’s all powered by the trusted depth of Charli’s Multidimensional AI™, known for its unmatched accuracy across more than 2 million companies.

    Built for Everyone—from Private Investors to Institutional Analysts to C-Suite Executives

    • Instant Access, No Commitment
      Explore high-potential deals with no subscription required. Simply log in, search, and evaluate—when and how you want.
    • Actionable, Qualified Deal Flow
      Gain access to real-time insights across 2 M+ companies—including financials, sentiment analysis, and investment-grade indicators to validate every opportunity.
    • Ask. Discover. Invest.
      Use natural language to find exactly what you’re looking for. Charli interprets your investment goals and uncovers deals that match—no technical filters required.
    • Built for How You Work
      From desktop to mobile, the experience is fast, interactive, and built for decision-making. Add companies to watchlists, purchase insights, and download reports—all in a few clicks.
    • Enterprise-Ready Intelligence
      For enterprise clients, Smart Deal Finder integrates directly into your internal platforms, giving teams and clients the power of Charli’s investment intelligence under your own brand.

    A New Era for Investment Discovery

    Whether you’re looking to spot rising stars in emerging markets or validate targets across fragmented private equity landscapes, Smart Deal Finder removes the guesswork and delivers clarity. It’s investment intelligence—on demand.

    Try the Smart Deal Finder today by visiting www.charliai.com

    About Charli Capital
    Charli Capital is redefining the future of private investing with a first-of-its-kind dual-sided network, powered by Charli’s multidimensional AI. Our platform empowers investors to uncover hidden opportunities, access high-quality deal flow, and engage in a new era of data-driven, intelligent capital allocation. Charli Capital is where next-generation investment decisions begin.

    For media inquiries, please contact:

    Fatema Bhabrawala
    Director of Media Relations
    fbhabrawala@allianceadvisors.com

    The MIL Network –

    May 29, 2025

  • MIL-OSI: Gevo to Sell Luverne, Minnesota Ethanol Facility to A.E. Innovation; Will Retain Isobutanol Assets for Future Innovation

    Source: GlobeNewswire (MIL-OSI)

    ENGLEWOOD, Colo., May 28, 2025 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) is pleased to announce that it has entered into a definitive agreement to sell Agri-Energy, LLC (“Agri”), a wholly owned subsidiary of Gevo, to A.E. Innovation, LLC (“A.E.”) for $7 million. The transaction includes Agri’s 18-million-gallon-per-year ethanol-production facility located in Luverne, Minnesota. Gevo will retain ownership of certain isobutanol-production-related assets and a portion of the vacant land at the site for future use. With these retained assets, Gevo could potentially produce up to 1 million gallons per year of isobutanol, which can be sold as a specialty chemical, or converted into isooctane and jet fuel.

    A.E., an agriculture-oriented buyer group located in Minnesota, will acquire the ethanol plant and a portion of the land with the intent to restart ethanol production, which has been idled since 2022. A.E. also intends to make the site available for other companies to scale up new technologies and ideas as an innovation hub.

    “We’re seeing rapid innovation in the direction of bio-based fuels and chemicals and Agri-Energy has the demonstrated history that it can work on the cutting edge,” says Dave Kolsrud, principal of A.E. Innovation, LLC. “We see Gevo and others making strides and we know we’ll be a part of that. We are excited to host the next generation of biofuel innovations that need a friendly, practical place where they can scale them up. That’s Luverne, with its history of innovation, its low-carbon corn supply, wind power, and great people.”

    Over the last several years, the Luverne plant, in conjunction with local farmers, has been used as a demonstration site for educating Gevo’s stakeholders about regenerative agriculture and the versatility of corn and its co-products, as well as biofuel production, including synthetic aviation fuel (“SAF”), isobutanol, and ethanol. Gevo and A.E. look forward to continuing and expanding upon this valuable stakeholder outreach.

    “We see tremendous potential for future growth and new partnerships with A.E. Innovation,” says Patrick Gruber, CEO of Gevo. “Minnesota’s farming communities, especially in places like Luverne, are leading the way with smart, sustainable agricultural practices. We believe it’s the perfect foundation for building innovative solutions in carbohydrate-based energy and chemicals that the world urgently needs.”

    Gevo notes that the sale of Agri-Energy to A.E. Innovation provides $2 million of cash upon closing and an additional $5 million of future cash under the purchase agreement, along with an estimated annual savings of approximately $3 million per year of current facility idling costs. Gevo also anticipates potential future benefits from isobutanol fermentation through a side-by-side operational model with the ethanol assets. Restarting ethanol production is expected to bring positive impacts to the City of Luverne, including support for local farmers and strengthening the regional economy.

    The transaction is expected to close by the end of 2025, subject to the procurement of financing by A.E. and the satisfaction of other customary closing conditions.

    About Gevo
    Gevo is a next-generation diversified energy company committed to fueling America’s future with cost-effective, drop-in fuels that contribute to energy security, abate carbon, and strengthen rural communities to drive economic growth. Gevo’s innovative technology can be used to make a variety of renewable products, including SAF, motor fuels, chemicals, and other materials that provide U.S.-made solutions. By investing in the backbone of rural America, Gevo’s business model includes developing, financing, and operating production facilities that create jobs and revitalize communities. Gevo owns and operates one of the largest dairy-based renewable natural gas (“RNG”) facilities in the United States, turning by-products into clean, reliable energy. Gevo also operates an ethanol plant with an adjacent carbon capture and sequestration (“CCS”) facility, further solidifying America’s leadership in energy innovation. Additionally, Gevo owns the world’s first production facility for specialty alcohol-to-jet (“ATJ”) fuels and chemicals. Gevo’s market-driven “pay for performance” approach regarding carbon and other sustainability attributes, helps ensure value is delivered to our local economy. Through its Verity subsidiary, Gevo provides transparency, accountability, and efficiency in tracking, measuring and verifying various attributes throughout the supply chain. By strengthening rural economies, Gevo is working to secure a self-sufficient future and to make sure value is brought to the market.

    For more information, see www.gevo.com.

    About A.E. Innovation, LLC
    A.E. Innovation, LLC, is an agriculture-oriented buyer group located in Minnesota founded to purchase the ethanol-production assets of Agri-Energy, LLC, with the intent of operating the plant as an innovation facility providing companies with the opportunity to certify that new technologies can transition from laboratory or bench-top status to full production-level performance using locally sourced, regeneratively grown corn as a feedstock. For more information regarding innovation opportunities at the Luverne, MN facility, contact David Kolsrud (507-920-5348) email: david@dakrenewableenergy.com or Dan Heard (605-929-2047) email: dan@dakrenewableenergy.com.

    Forward Looking Statements
    This release contains “forward-looking statements” within the meaning of the federal securities laws. All statements other than statements of historical fact are forward-looking statements, including statements related to the expected closing of the acquisition or the timing thereof, and future plans for the assets. These statements relate to analyses and other information, which are based on forecasts of future results or events and estimates of amounts not yet determinable. We claim the protection of The Private Securities Litigation Reform Act of 1995 for all forward-looking statements in this release.

    These forward-looking statements are identified by the use of terms and phrases such as “anticipate,” “assume,” “believe,” “estimate,” “expect,” “goal,” “intend,” “plan,” “potential,” “predict,” “project,” “target” and similar terms and phrases or future or conditional verbs such as “could,” “may,” “should,” “will,” and “would.” However, these words are not the exclusive means of identifying such statements. Although we believe that our plans, intentions and other expectations reflected in or suggested by such forward-looking statements are reasonable, we cannot assure you that we will achieve those plans, intentions or expectations. All forward-looking statements are subject to risks and uncertainties that may cause actual results or events to differ materially from those that we expected.

    Important factors that could cause actual results or events to differ materially from our expectations, or cautionary statements, include among others, failure to satisfy any conditions to the closing of the transaction in a timely manner or at all; the occurrence of any event that could give rise to termination of the definitive agreement, including the inability to obtain financing; changes in legislation or government regulations affecting the proposed transaction or the parties; and other risk factors or uncertainties identified from time to time in Gevo’s filings with the US Securities and Exchange Commission (“SEC”). All written and oral forward-looking statements attributable to us, or persons acting on our behalf, are expressly qualified in their entirety by the cautionary statements identified above and in the section entitled “Risk Factors” and elsewhere in our Annual Report on Form 10-K for the year ended December 31, 2024 as well as other cautionary statements that are made from time to time in our other SEC filings and public communications. You should evaluate all forward-looking statements made in this release in the context of these risks and uncertainties.

    We caution you that the important factors referenced above may not reflect all of the factors that could cause actual results or events to differ from our expectations. In addition, we cannot assure you that we will realize the results or developments we expect or anticipate or, even if substantially realized, that they will result in the consequences or affect us or our operations in the way we expect. The forward-looking statements included in this release are made only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law.

    Media Contact
    Heather L. Manuel
    VP, Stakeholder Engagement & Partnerships
    PR@gevo.com

    IR Contact
    Eric Frey
    VP, Finance & Strategy
    IR@Gevo.com

    The MIL Network –

    May 29, 2025

  • MIL-OSI: AI-Powered Defense at the Edge: Check Point Launches New Branch Office Security Gateways with 4x Faster Threat Prevention Performance

    Source: GlobeNewswire (MIL-OSI)

    REDWOOD CITY, Calif., May 28, 2025 (GLOBE NEWSWIRE) — Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader of cyber security solutions, today announced major advancements to its family of Quantum Force Security Gateways. All Quantum Force Security Gateways for the data center and perimeter are receiving a 15%-25% performance boost in threat prevention throughput – delivered automatically via software update. In parallel, Check Point is launching a new lineup of AI-powered Quantum Force Branch Office Security Gateways designed to provide enterprise-level firewall security with up to a 4x increase in threat prevention performance from previous models.

    These four new branch firewalls deliver industry-leading 99.9% block rate, lightning-fast cloud application performance, and are optimized for SD-WAN to meet the growing demands of hybrid networks and the modern distributed workforce. According to the latest data from Check Point Research (CPR), branch offices are now facing an average of 713 weekly attack attempts per location, a 36% rise from the same period last year. Additionally, 50% of branch offices encounter attempts to exploit vulnerabilities from external sources, highlighting the urgent requirement for robust branch security and scalable management in the AI era.

    “As we continue to prioritize innovation and efficiency, Check Point’s new Quantum Force Branch Office Security Gateway firewalls are built for speed, simplicity, and security,” said Nataly Kremer, Chief Product Officer at Check Point. “They’re 4x faster than previous models, optimized for SD-WAN, and backed by our latest AI-powered threat prevention. And with automatic performance upgrades, existing Quantum Force customers will receive a 15-25% performance boost with a software update — no hardware changes required.”

    Today’s branch offices play a crucial role in engaging directly with customers but often represent the most vulnerable point in network security. Their direct links to the public cloud and the internet make them more susceptible to cyber threats. With the current threat environment and a staggering 44% rise in cyber-attacks year over year, as highlighted in CPR’s 2025 Security Report, there is a significant need to implement strong enterprise firewalls that can effectively defend against online threats without impacting network performance by causing delays or disruptions.

    “World Wide Technology (WWT) provides security products and services to customers across a variety of industries including financial services, manufacturing, retail and healthcare with distributed branch offices,” said Chris Konrad, Vice President of Global Cyber at WWT. “Check Point’s new next-generation Quantum Force Branch Office Security Gateways with enhanced AI powered threat prevention, empower us to protect these customers from the latest attacks on branch offices. These innovations help our clients reduce risk, streamline operations, and scale securely across hybrid environments — turning cyber resilience into a competitive advantage.”

    Check Point’s Quantum Force Branch Office Security Gateways capabilities include:

    • Industry-leading threat prevention: A 4x boost in threat prevention throughput with a tried and tested industry leading 99.9% block rate based on Miercom’s 2025 security benchmark report.
    • Optimized for Cloud Applications: Lightning-fast security performance for SaaS apps by optimizing for SD-WAN, expanding network connectivity up to 10X to 10 GbE, and increasing port capacity 2X.
    • Unified Management: Top rated unified security management for enterprise, campus, branch, and cloud environments along with zero-trust policy across the entire enterprise.

    “Branch offices are often the soft spots in enterprise security, providing vulnerable entry-points for attacks and compromising the security posture across the enterprise,” said Pete Finalle, Security Research Manager, at IDC. “Check Point’s new Quantum Branch Office Security Gateways deliver robust threat prevention to the edge, enabling organizations to secure their branch offices from emerging cyber threats while keeping pace with the demands of the hybrid workforce.”

    Availability
    The four new Check Point Quantum Force Branch Office Security Gateways are available now through our network of global partners. For more details about Check Point Quantum Force, visit our website or check out our blog.

    Follow Check Point via:
    LinkedIn: https://www.linkedin.com/company/check-point-software-technologies
    X: https://www.twitter.com/checkpointsw
    Facebook: https://www.facebook.com/checkpointsoftware
    Blog: https://blog.checkpoint.com
    YouTube: https://www.youtube.com/user/CPGlobal

    About Check Point Software Technologies Ltd. 

    Check Point Software Technologies Ltd. (checkpoint.com) is a leading protector of digital trust, utilizing AI-powered cyber security solutions to safeguard over 100,000 organizations globally. Through its Infinity Platform and an open garden ecosystem, Check Point’s prevention-first approach delivers industry-leading security efficacy while reducing risk. Employing a hybrid mesh network architecture with SASE at its core, the Infinity Platform unifies the management of on-premises, cloud, and workspace environments to offer flexibility, simplicity and scale for enterprises and service providers.

    Legal Notice Regarding Forward-Looking Statements  
    This press release contains forward-looking statements. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this press release include, but are not limited to, statements related to our expectations regarding future growth, the expansion of Check Point’s industry leadership, the enhancement of shareholder value and the delivery of an industry-leading cyber security platform to customers worldwide. Our expectations and beliefs regarding these matters may not materialize, and actual results or events in the future are subject to risks and uncertainties that could cause actual results or events to differ materially from those projected. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 2, 2024. The forward-looking statements in this press release are based on information available to Check Point as of the date hereof, and Check Point disclaims any obligation to update any forward-looking statements, except as required by law.

    The MIL Network –

    May 29, 2025

  • MIL-OSI: Revenera’s FlexNet Publisher Enterprise Expands Ability to Rapidly Scale License Servers

    Source: GlobeNewswire (MIL-OSI)

    ITASCA, Ill., May 28, 2025 (GLOBE NEWSWIRE) — Revenera, producer of innovative platforms that help technology companies build better products, accelerate time-to-value, and monetize what matters, today announced the availability of FlexNet Publisher Enterprise.

    As a global leader in monetization, Revenera empowers software, SaaS and intelligent device producers with a suite of entitlement management and monetization solutions that help customers grow recurring revenue and protect their IP. FlexNet Publisher, one component of Revenera’s monetization solutions, is the de-facto standard for on-premises software licensing, enjoying broad adoption across industries.

    As demand for resource-intensive, high-performance software accelerates – primarily fueled by innovations in cloud computing and AI – companies are running large-scale on-premises license servers to keep pace. FlexNet Publisher Enterprise now allows organizations to scale capacity with fewer resources, boosting performance and reliability while significantly reducing operational costs.

    “The software industry is facing a serious capacity scaling challenge, largely driven by the demands of high-performance computing and AI/ML chip advancements,” said Priji Thomas, VP Product Management at Revenera. “Revenera’s FlexNet Publisher Enterprise meets the challenge of high-volume license management by delivering the enhanced capacity required for efficient use of computational resources, reducing operational and maintenance costs, streamlining operations, and improving customer satisfaction by ensuring seamless access to applications.”

    For industries that rely on advanced simulation, animation, and electronic design automation, FlexNet Publisher Enterprise delivers the robust, scalable infrastructure required to support increased workload demands while ensuring service continuity.

    “At Synopsys, enabling our customers to design and deliver advanced systems on chips (SoCs) is critical to meeting the growing demands of AI, silicon proliferation, and software-defined systems,” said Rajendra Kundapur, executive director of R&D at Synopsys. “By collaborating with Revenera to expand FlexNet Publisher license server capacity, we’ve strengthened our ability to efficiently manage resources, scale to meet increasing needs, and maintain our rapid pace of innovation in support of our customers.”

    Key Benefits of FlexNet Publisher Enterprise:

    • Enhanced Capacity and Lower Costs: Supports up to 12x the current capacity, dramatically reducing the need for large-scale license servers, resulting in improved performance with significantly lower maintenance and operational costs.
    • Streamlined Operations: Simplified infrastructure and improved reliability ensure customers can focus on core business priorities rather than license management.
    • Improved End-User Satisfaction: Optimized performance ensures uninterrupted access, boosting end-user satisfaction to ultimately drive higher renewal rates and recurring revenue for producers.

    For full product details about FlexNet Publisher Enterprise, please visit: https://path.revenera.com/fnl-product-track/swm-ds_flexnet-publisher-enterprise.

    Follow Revenera

    About Revenera
    Revenera helps product executives build better products, accelerate time to value, and monetize what matters. Revenera’s leading solutions help software and technology companies drive top-line revenue with modern software monetization, understand usage and compliance with software usage analytics, empower the use of open source with software composition analysis, and deliver an excellent user experience—for embedded, on-premises, cloud, and SaaS products. To learn more, visit www.revenera.com.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e1e57c00-f9e4-4dee-8018-9a6e84941354

    The MIL Network –

    May 29, 2025

  • MIL-OSI: Check Point Accelerates Threat Detection and Response with AI-Powered Security Management for the Modern Enterprise

    Source: GlobeNewswire (MIL-OSI)

    REDWOOD CITY, Calif., May 28, 2025 (GLOBE NEWSWIRE) — Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader of cyber security solutions, today announced the launch of its next generation Quantum Smart-1 Management Appliances, delivering 2X increase in managed gateways and up to 70% higher log rate, with AI-powered security tools designed to meet the demands of hybrid enterprises. Fully integrated within the Check Point Infinity Platform, these new appliances offer faster, more intelligent threat detection and response through a unique hybrid mesh architecture and integration with over 250 third-party solutions.

    “Security teams today face more pressure than ever — from rising AI-generated threats to managing fragmented infrastructures. Our new Quantum Smart-1 Management Appliances simplify that complexity,” said Nataly Kremer, Chief Product Officer at Check Point. “Our new Quantum Smart-1 Management Appliances combine AI, speed, precision, and automation to help organizations manage on-premise, cloud, and distributed IT deployments — faster and smarter.”

    With growing pressures on security teams, their management systems need to evolve. The rise of remote work, branch offices, and distributed teams has greatly increased the areas vulnerable to attacks. Check Point Research’s AI Security Report found that AI services are now used in over 51% of enterprise networks every month, widening security risks and making security policies vital. The new Smart-1 Management Appliances are built to give security teams the speed and agility to stay ahead, the appliances unify operations across on-premises, cloud, and remote environments — streamlining security management while enhancing visibility and control.

    Key Benefits of the New Smart-1 Management Appliances:

    • Scale with Confidence: Manage up to 10,000 gateways — supporting business growth without rearchitecting security infrastructure
    • Faster Response, Lower Risk: Achieve up to 70% higher log processing speeds to accelerate threat detection and response
    • Built-in Compliance Readiness: Store up to 70TB of logs locally for long-term data retention and regulatory requirements
    • Smarter Operations: Consolidate management functions and reduce complexity across hybrid environments
    • Open Ecosystem: Integrate with over 250 third-party solutions

    Now in their 7th generation, the Quantum Smart-1 Management appliances are available in five models — including the high-performance 7000 Ultra — enabling security teams to consolidate infrastructure, reduce operational complexity, and gain faster insights from a single device. The appliances streamline policy and firewall management and can be enhanced with AI-powered tools such as, Infinity AI Copilot, Infinity Playblocks, Policy Advisor, Policy Insights, Compliance, and Infinity AIOps.

    In its recent AI-Powered Cyber Security Platform Benchmark, Miercom recognized Check Point as the top performer across both management usability and security efficacy, validating the strength of the platform that powers Smart-1 Management Appliances. “The Check Point Infinity Platform demonstrated superior security efficacy, consistently outperforming its peers in the test category of comprehensive threat prevention and response, as well as excelling in the AI-powered testing scenarios,” said Rob Smithers, CEO at Miercom. Its AI-driven architecture, hybrid mesh deployment model, and unified security operations prove that Check Point is setting the pace for next-generation cyber security.”

    Quantum Smart-1 Management appliances are available now. For more information, please visit our website or check out our blog.

    Follow Check Point via:

    LinkedIn: https://www.linkedin.com/company/check-point-software-technologies
    X: https://www.twitter.com/checkpointsw
    Facebook: https://www.facebook.com/checkpointsoftware
    Blog: https://blog.checkpoint.com
    YouTube: https://www.youtube.com/user/CPGlobal

    About Check Point Software Technologies Ltd. 

    Check Point Software Technologies Ltd. (checkpoint.com) is a leading protector of digital trust, utilizing AI-powered cyber security solutions to safeguard over 100,000 organizations globally. Through its Infinity Platform and an open garden ecosystem, Check Point’s prevention-first approach delivers industry-leading security efficacy while reducing risk. Employing a hybrid mesh network architecture with SASE at its core, the Infinity Platform unifies the management of on-premises, cloud, and workspace environments to offer flexibility, simplicity and scale for enterprises and service providers.

    Legal Notice Regarding Forward-Looking Statements  
    This press release contains forward-looking statements. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this press release include, but are not limited to, statements related to our expectations regarding future growth, the expansion of Check Point’s industry leadership, the enhancement of shareholder value and the delivery of an industry-leading cyber security platform to customers worldwide. Our expectations and beliefs regarding these matters may not materialize, and actual results or events in the future are subject to risks and uncertainties that could cause actual results or events to differ materially from those projected. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 2, 2024. The forward-looking statements in this press release are based on information available to Check Point as of the date hereof, and Check Point disclaims any obligation to update any forward-looking statements, except as required by law.

    The MIL Network –

    May 29, 2025
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