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Category: Business

  • MIL-OSI: Optimum selects the Digital Vending Machine® from Bango to bring new subscription bundles to customers

    Source: GlobeNewswire (MIL-OSI)

    CAMBRIDGE, United Kingdom, May 20, 2025 (GLOBE NEWSWIRE) — Bango (AIM: BGO), the leader in subscription bundling, today announces a new licensing agreement with Optimum, a leading U.S. telecommunications provider, operated by Altice USA. Through this collaboration, Optimum customers can access compelling subscription bundles, powered by the Digital Vending Machine® (DVM™) from Bango. Optimum is a significant brand in the U.S. telecommunications market, providing fiber internet, mobile, TV, and phone services to approximately 4.5 million customers in 21 states across the country.

    Eligible Optimum TV and Internet customers can now enjoy a promotional offer of six complimentary months of access to two popular SVOD services, directly through Optimum, offering a new way to manage their subscriptions through their Optimum bill. The offer is the first of many that the company plans to bring to customers, with more streaming partners and consumer subscription services to be made available through Optimum’s partnership with Bango.

    This launch marks the beginning of Optimum’s use of the Bango DVM™, which is already transforming how companies across telecommunications, retailing, and banking deliver digital services. With a single integration, partners gain access to a growing portfolio of premium subscription providers, enabling them to quickly and easily create and customize compelling bundles that resonate with their customers.

    “We’re delighted to partner with Optimum to bring these exciting offers to life,” said Anil Malhotra, CMO at Bango. “The DVM™ empowers Bango partners to innovate through subscription bundling and to scale quickly, delivering high-impact offers that increase customer satisfaction and business growth.”

    About Bango

    Bango enables content providers to reach more paying customers through global partnerships. Bango revolutionized the monetization of digital content and services, by opening-up online payments to mobile phone users worldwide. Today, the Digital Vending Machine® is driving the rapid growth of the subscriptions economy, powering choice and control for subscribers.

    The world’s largest content providers, including Amazon, Google and Microsoft trust Bango technology to reach subscribers everywhere.

    Bango, where people subscribe. For more information, visit www.bango.com

    About Optimum

    Optimum is a brand of Altice USA, one of the largest broadband communications and video services providers in the United States, delivering broadband, video, mobile, proprietary content and advertising services to approximately 4.5 million residential and business customers across 21 states. The company operates Optimum Media, an advanced advertising and data business, which provides audience-based, multiscreen advertising solutions to local, regional and national businesses and advertising clients. Altice USA also offers hyper-local news through its News 12 Networks.

    Media contact: 

    Anil Malhotra, CMO, Bango 
    anil@bango.com 
    Tel: +44 7710 480 377 

    The MIL Network –

    May 21, 2025
  • MIL-OSI: Tenable Reveals 2025 Global Partner Award Winners

    Source: GlobeNewswire (MIL-OSI)

    COLUMBIA, Md., May 20, 2025 (GLOBE NEWSWIRE) — Tenable®, the exposure management company, today announced the recipients of its Global Partner Awards during Tenable AssureWorld — the company’s fifth annual virtual partner conference. Those honored this year include IBM — Global System Integrator of the Year; Siemens Energy — Tenable OT Security Partner of the Year; Telefonica — MSSP Partner of the Year; and AWS — Global Technology Partner of the Year.

    Tenable also crowned its regional Partners of the Year which recognizes those partners who consistently surpass expectations in collaboration and contribution throughout the year. This year’s winners are:

    • Asia Pacific and Japan – DXC
    • Europe, the Middle East and Africa – Softcat (UKI)
    • Latin America – Global Sec Tecnologia
    • North America – CDW
    • Public Sector – SHI

    “As a partner-first company, Tenable is hyper-focused on investing in and supporting channel partners, promoting collective success,” said Jeff Brooks, senior vice president of global channels, Tenable. “Our Global Partner Awards recognize partners whose dedication and collaboration with Tenable deliver truly exceptional outcomes in helping customers eradicate priority cyber weaknesses and protect against attacks.”

    Tenable AssureWorld is an exclusive event that allows Tenable and its partners to come together to learn and share information. The conference provides insights from top executives on Tenable’s vision, revenue strategy, customer-focused business strategy, product roadmap, and other key areas of cybersecurity.

    In addition to providing resellers, distributors, MSSPs, and systems integrators with innovative exposure management solutions, the Tenable Assure Partner Program arms partners with sales and marketing assistance, training and certification opportunities, services-delivery certification and technical support to grow their business and deliver exceptional exposure management and risk mitigation. More information on the Tenable Assure Partner Program is available at: https://www.tenable.com/partners/channel-partner-program.

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

    Media Contact:
    Tenable
    tenablepr@tenable.com

    The MIL Network –

    May 21, 2025
  • MIL-OSI: Rightworks Launches New OneSpace Products and Packaging to Help Accounting Firms and Businesses Simplify, Secure, and Succeed

    Source: GlobeNewswire (MIL-OSI)

    NASHVILLE, Tenn., May 20, 2025 (GLOBE NEWSWIRE) — RightNOW2025 — Rightworks, the only intelligent cloud service provider of solutions purpose-built for accounting firms and professionals, today introduced Cloud Premier, Cloud Protect, and Cloud Hosting at its second annual RightNOW conference in Nashville, TN. The three new offers simplify the user experience and leverage OneSpace platform’s enterprise-level security, infrastructure, and award-winning support to take on the unique challenges of accounting firms and businesses at all stages of growth.

    Rightworks’ new products and packages also address the growing demand for flexible, secure, and efficient technology solutions as accounting firms and businesses increasingly adopt hybrid work models and expand their service offerings.

    “The profession is calling for firms to adopt new technology or risk falling behind, but that journey is different for everyone, and managing work demands amid hectic tax seasons and yearlong advisory services adds complexity,” said Joel Hughes, CEO of Rightworks. “Our new offerings address the unique needs of each firm and business, providing easy-to-use solutions that drive operational excellence. By meeting our customers where they are, we’re making it easier for accounting professionals to achieve their goals and build future-ready firms.”

    Rightworks Cloud Premier

    Rightworks Cloud Premier is a comprehensive package that modernizes accounting and tax firm operations by centralizing cloud and desktop app access, data, and security in one space. Cloud Premier helps firms:

    • Centralize Access: Securely utilize over 3,000 tax and accounting apps, including Thomson Reuters® CS Professional Suite, CCH® ProSystem fx®, CCH Axcess™ Suite, QuickBooks® Desktop, and QuickBooks® Online.
    • Simplify Technology: Streamline firm operations with single sign-on for cloud-based apps, full Microsoft 365 security and account management, and dedicated IT support for in-office network services.
    • Increase Productivity: Leverage secure remote onboard/offboarding, two-year data backups, and a built-in AI tool for enhanced research, communication, and analytics.
    • Strengthen Security: Stay safe with enterprise-grade ongoing threat monitoring/remediation, antivirus, endpoint detection response, cloud-managed firewall, device backup, whole-disk encryption, and security awareness training.
    • Rely on 24/7 Support: Benefit from award-winning support and guidance from the profession’s leading experts.

    In addition to Cloud Premier, Rightworks is also announcing:

    • Rightworks Cloud Protect: Providing cloud-based accounting and tax firms with robust, end-to-end security, enhanced data protection, and centralized control—while simplifying access to cloud apps through single sign-on and enabling a secure, flexible remote work environment that drives operational efficiency and business growth.
    • Rightworks Cloud Hosting: Enabling firms, businesses, bookkeepers, and individual practitioners to stay flexible by bringing their desktop apps to the cloud, enhancing accessibility, efficiency, and functionality with a highly secure platform and dedicated support.

    Visit Rightworks Cloud Premier and Cloud Protect for demos of each solution and Cloud Hosting to learn more.

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a1a28c48-5974-44c4-95ed-0e5f3c199b79.

    The MIL Network –

    May 21, 2025
  • MIL-OSI: Thomas Financial Group Closes Over $34 Million in Bridge Loans for USDA Takeout in Under 40 Days

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, May 20, 2025 (GLOBE NEWSWIRE) — In a powerful demonstration of speed and strategic execution, Thomas Financial Group (TFG), a wholly owned subsidiary of Community Bankshares Inc., in partnership with Siguler Guff, Phoenix Lender Services (PHX), and Community Bank & Trust, successfully originated, underwrote, and closed three hospitality bridge loans totaling over $34 million in less than 40 days. All loans are structured for USDA Business & Industry (B&I) program takeout, reinforcing the firm’s capacity to deliver complex, time-sensitive financing solutions.

    • $11.335MM Bridge Loan (USDA B&I Takeout Pending)
    • $12.19MM Bridge Loan (USDA B&I Takeout Pending)
    • $10.545MM Bridge Loan (USDA B&I Takeout Pending)

    While USDA lending is traditionally known for its thorough but lengthy approval process, TFG is redefining what’s possible. Through creative structuring and seamless collaboration across its lending ecosystem, TFG and its partners provide rapid bridge loan execution to fill the timing gap – giving borrowers immediate access to capital while finalizing their long-term USDA financing. The recently closed projects will create and retain nearly 50 jobs across key rural markets.

    “These transactions prove that USDA lending doesn’t have to be slow or complicated,” said Zach Chandler, SVP, Government Guaranteed Lending of Thomas Financial Group. “When you work with TFG, PHX, and Community Bank & Trust, you’re getting a team that understands how to move at the speed of business – without compromising the long-term benefits of USDA-backed financing.”

    TFG’s USDA bridge-to-permanent platform is available in all 50 states and every U.S. territory, providing borrowers in rural communities with access to flexible financing structures tailored to their timing and growth needs. In a market climate defined by rate uncertainty and capital constraints, borrowers value the security of a 30-year fully amortizing loan with no balloons or call provisions – exactly what USDA lending can provide.

    “Peace of mind in today’s economy is priceless,” added Chandler. “Our ability to deliver both speed and long-term stability makes us a trusted partner for developers, business owners, and project sponsors across the country.”

    If you’re seeking fast, creative financing for your rural project – with the peace of mind that comes from a long-term USDA solution – now is the time to act.

    Contact TFG today to explore our USDA bridge-to-permanent platform and discover what’s possible when you partner with a team built for execution.

    TFG Contact
    Email: Zach@thomasfinancialgroup.com
    Phone: (770) 655-1569

    About Thomas Financial Group

    Thomas Financial Group, a wholly owned subsidiary of Community Bankshares Inc., is a nationally recognized leader in USDA and SBA lending. In partnership with Phoenix Lender Services and Community Bank & Trust, TFG specializes in complex capital solutions that support rural economic development, small business growth, and infrastructure expansion.

    About Community Bankshares Inc.

    Community Bankshares Inc. is a privately held financial holding company headquartered in LaGrange, Georgia, with subsidiaries including Community Bank & Trust, Thomas Financial Group, and Phoenix Lender Services. Through its network of specialized financial institutions, Community Bankshares Inc. delivers innovative, relationship-driven banking and lending services across the United States, with a strong emphasis on rural development, government-guaranteed lending, and community reinvestment.

    About Community Bank & Trust

    Community Bank & Trust is a full-service commercial bank and a subsidiary of Community Bankshares Inc. Based in LaGrange, Georgia, CB&T is an SBA Preferred Lender with a growing national footprint in USDA and small business lending. Known for its personalized service and deep lending expertise, CB&T partners with businesses and communities to deliver flexible, dependable financing solutions that support long-term growth across rural and underserved markets.

    About Phoenix Lender Services

    Phoenix Lender Services is the operational engine behind the USDA and SBA lending platform and wholly owned subsidiary of Community Bankshares Inc. Specializing in origination, underwriting, processing, closing, and servicing, Phoenix provides seamless back-end support and strategic oversight for government-guaranteed loans. With a team of seasoned professionals and a nationwide reach, Phoenix empowers lenders and borrowers with the tools and expertise needed to deliver consistent, compliant, and efficient results.

    Media Contact
    Abigail Davison
    Uproar by Moburst for Community Bankshares, Inc.
    abigail.davison@moburst.com

    The MIL Network –

    May 21, 2025
  • MIL-OSI: Titan.ium Platform Introduces Infrastructure Domain Name System to Modernize Converged Mobile and Fixed Network Operations

    Source: GlobeNewswire (MIL-OSI)

    LOWELL, Mass., May 20, 2025 (GLOBE NEWSWIRE) — Titan.ium Platform today announced the availability of Infrastructure DNS (iDNS) – a cloud-native, microservices-based Domain Name System (DNS) that delivers high reliability and performance while reducing downtime and lowering operational costs.

    Titanium’s iDNS addresses the complexity, scale, and automation requirements of modern telecom operators that include Mobile Network Operators (MNOs) and IP Interconnect Service Providers (IPXs) while offering significant improvements in DNS resolution speed, resilience during high traffic loads, and overall network reliability. iDNS complies with RFC standards and GSMA recommendations and delivers critical features like load control, overload protection, DNS peer monitoring, automated certification management, proximity-based services, and split-horizon DNS for private network access. Also, iDNS is suitable for advanced features in the 5G network such as dynamic discovery of Security Edge Protection Proxy (SEPP).

    “iDNS modernizes legacy infrastructure delivering better resource utilization and reduced operating cost with the ability for components to be updated independently for faster rollout of new features and security patches with non-disruptive service upgrades,” said Bruno Lacoste, CEO, Titan.ium Platform. “Plus, it delivers significant improvements in DNS resolution speed, ability to handle high traffic loads, low-latency over wide geographic areas, and high throughput with easy integration into DevOps pipelines.”

    Early adopters including Tier 1 operators have piloted iDNS with demonstrable improvements in latency, reliability, and deployment speed.

    To learn more, register for the webinar on July 9.

    About Titan.ium Platform
    Titan.ium Platform is a leader in signaling, routing, subscriber data management, and security software and services. Our solutions, which are deployed in more than 80 countries by over 180 companies, including eight of the world’s top 10 communications service providers and all of the top five, are a testament to our industry leadership. Titan.ium supports any network, domain, signaling protocol, and infrastructure with advanced routing capabilities and a unified end-user experience. For more information, please visit https://titaniumplatform.com.

    Media Contact

    Glenn Rossman
    glenn@eckertcomms.com
    914-623-8354

    The MIL Network –

    May 21, 2025
  • MIL-OSI: Alation Acquires Numbers Station to Unlock a New Era of Agentic Workflows

    Source: GlobeNewswire (MIL-OSI)

    REDWOOD CITY, Calif., May 20, 2025 (GLOBE NEWSWIRE) — Alation Inc., the leader in enterprise data intelligence, today announced that it has acquired Numbers Station AI, a pioneer in building AI agents for data workflows. The combined capabilities of Alation and Numbers Station will accelerate the ability of data and engineering teams to quickly build and deploy a new class of AI-native analytics applications featuring agentic workflows that operate with enterprise-grade governance and context.

    Organizations are demanding more effective ways to leverage their data for insights and real-time decisions, particularly in the era of AI. Despite its promise, scaled adoption in production use cases continues to be a challenge. For organizations to achieve what is truly possible with AI, they need systems that are trustworthy and deeply integrated with diverse enterprise data ecosystems.

    Structured data—such as customer records, supply chain records, and financial transactions—represents an organization’s most critical assets. AI agents struggle to understand and take action on that data due to incomplete semantics and data definitions, unclear governance policies, and missing context of the lineage and data quality of the underlying data sets. Without this foundation, agents risk producing inaccurate outputs and violating privacy and compliance requirements.

    Together, Alation and Numbers Station are uniquely positioned to close this gap. By combining Numbers Station’s agents with Alation’s rich metadata foundation, customers will be able to build intelligent applications that reason over structured data, understand business context, and automate real-time decision-making—all while maintaining rigorous governance and compliance standards. This will unlock a new era of agentic workflows that can deliver tangible business outcomes at enterprise scale.

    “Numbers Station has proven the impact AI agents can have in the enterprise when companies are able to trust this new way of working and brings an exceptional team that shares our obsession with empowering data users,” said Satyen Sangani, co-founder and CEO of Alation. “Together, we’re laying the foundation for the next decade of enterprise data intelligence—one where humans and agents collaborate seamlessly to turn data into action.”

    “From the start, our vision has been to enable anyone to be a data app builder,” said Chris Aberger, co-founder and CEO of Numbers Station. “By joining forces with Alation, we’re pairing our AI-native foundation with the most trusted enterprise data intelligence platform. This unlocks a future where agents don’t just find data—they do more with it.”

    Numbers Station, AI & Solving The Structured Data Problem for Businesses

    Founded out of Stanford’s PhD lab for machine learning and AI, the Numbers Station team authored the first academic paper to demonstrate how large language models could be deployed to meet the complex, domain-specific needs of enterprise data leaders. Numbers Station’s agents bring automation and natural language interaction to tasks like data analysis, visualization, and end-to-end action—helping data teams build AI-native applications faster with more confidence.

    As part of the acquisition, the Numbers Station team will join Alation to drive continued innovation at the intersection of AI and data. All existing Numbers Station customers will be fully supported and will benefit from expanded resources and roadmap continuity under Alation’s platform.

    To learn more about the acquisition, read the blog, “Alation Acquires Numbers Station: Enabling AI to Understand Structured Data at Scale.”

    About Alation
    Alation is the data intelligence company. More than 600 global enterprises — including 40% of the Fortune 100 — rely on Alation to realize value from their data and AI initiatives. Customers such as Cisco, DocuSign, Nasdaq, Pfizer, and Samsung trust Alation’s platform for self-service analytics, cloud transformation, data governance, and AI-ready data, fostering data-driven innovation at scale. Headquartered in Redwood City, California, Alation has been recognized five times by Inc. Magazine as one of the Best Workplaces. To learn more, visit www.alation.com.

    Media Contact
    Ashley Womack
    Sr. Director, Corporate Marketing
    650-504-2647
    ashley.womack@alation.com

    The MIL Network –

    May 21, 2025
  • MIL-OSI: Exterro Cracks the Code for Partners Aiming to Drive Sustainable Revenue Growth in the Data Risk Management Market with Launch of ExPN – the Exterro Partner Network

    Source: GlobeNewswire (MIL-OSI)

    PORTLAND, Ore., May 20, 2025 (GLOBE NEWSWIRE) — Exterro, a global leader in unified data risk management solutions, today announced the launch of its groundbreaking Exterro Partner Network (ExPN). This transformative, global, strategic program redefines how organizations tackle complex data challenges by reimagining the partner ecosystem, creating unrivaled revenue opportunities and establishing a new paradigm for customer success.

    “In today’s fragmented data risk landscape, true innovation demands powerful alliances,” stated Exterro Chief Revenue Officer, Jim Cox. “We’re not just launching a partner program—we’re creating a movement that equips solution providers, law firms, service providers, developers, and resellers with unprecedented capabilities to capture market share. ExPN delivers the comprehensive framework, specialized expertise, and strategic advantage partners need to capitalize on the rapidly expanding data risk management marketplace.”

    This launch signals a pivotal evolution and investment in Exterro’s commercial strategy, featuring dedicated resources for partners worldwide and a meticulously structured program with escalating benefits. Elite partners who master Exterro’s unified suite of solutions—spanning data privacy, security, governance, digital forensics and incident response (DFIR), and e-discovery—will unlock exclusive advantages including:

    • Strategic partnership with executives (not just account managers)
    • A multi-tier structure with clear pathways to Elite status
    • Advanced revenue enablement and brand amplification
    • Specialized certifications and expertise development
    • Priority opportunity protection
    • Performance-driven financial incentives

    BREAKING THE GROWTH CEILING
    ExPN fundamentally transforms business potential for partners by providing the industry’s only truly unified approach to data risk management. This breakthrough ecosystem eliminates the limitations of traditional partner programs, enabling organizations to deliver sophisticated, high-margin solutions while simplifying technology relationships. By leveraging Exterro’s award-winning platform, partners establish themselves as indispensable strategic advisors capable of addressing interconnected data challenges across the enterprise landscape.

    “The market has been constrained by point solutions from a variety of vendors that create complexity rather than clarity,” explained Bruce Holbert, senior director of Channel Sales at Exterro. “ExPN shatters this paradigm. Our partners can now deliver immediate strategic value while simultaneously positioning themselves at the forefront of future data risk challenges—all through a single, comprehensive platform that grows alongside their business objectives.”

    Today’s organizations operate in an environment defined by accelerating litigation risks, rising regulatory scrutiny, and increasing cyber threats. Fragmented, point-based tools are no longer sufficient to manage the growing complexity of data across legal, compliance, and security domains. In the face of these challenges, ExPN creates win-win-win scenarios for resellers, service providers, systems integrators, and technology companies and end customers alike. Partners’ deep expertise, combined with cutting edge Exterro technology, delivers complete data risk management solutions that unify e-discovery, digital forensics and incident response, and data privacy, security, and governance workflows within a single, easy-to-use platform.

    Global Expansion and ExPN Access
    The Exterro Partner Network is now open to qualified partners across North America, Europe, the Middle East, and Asia-Pacific. As part of the launch, Exterro will engage with new and existing partners through briefings, joint planning sessions, and targeted go-to-market initiatives, creating join go-to-market plans to support the needs of enterprises around the world.

    To learn more about ExPN or to apply, visit https://www.exterro.com/about/partners or contact partners@Exterro.com

    About Exterro
    Exterro empowers organizations to manage data risks with a complete platform for e-discovery, data privacy, cybersecurity and governance, and digital forensics. Unlike any other software provider, Exterro makes it easy for organizations to understand their data and take swift action. Exterro’s AI-driven solutions provide accurate, actionable insights, enabling businesses to ensure compliance, reduce risks, and streamline operations while lowering costs. With Exterro, organizations gain the clarity and confidence needed to address their most critical data challenges. For more information, visit www.exterro.com.

    Media Contact
    Hazel Ramirez – North America
    hazel@plat4orm.com
    570-975-9261

    Anamika D Kumar – Global
    PR & Communications
    anamika.dhirendrakumar@exterro.com

    The MIL Network –

    May 21, 2025
  • MIL-OSI: Conifer Insurance Services Strengthens Cannabis Industry Commitment with Launch of Cannabis Select Program

    Source: GlobeNewswire (MIL-OSI)

    TROY, Mich., May 20, 2025 (GLOBE NEWSWIRE) — Conifer Insurance Services (“Conifer”), a pioneer in cannabis insurance solutions, in partnership with Skyward Specialty Insurance Group™ (“Skyward Specialty”), a leader in the specialty property and casualty market, announced the launch of its new Cannabis Select program, a high-capacity insurance solution built for the evolving needs of multi-state operators (MSOs) and larger cannabis businesses nationwide. Designed to complement Conifer’s long-standing Cannabis Essentials program, Cannabis Select offers elevated coverage limits, expanded property protection, and advanced risk management solutions to support the industry’s continued growth.

    Conifer has served the cannabis industry for over a decade, standing apart through its commitment to responsive service, speed to market, and experience in underwriting. Since Bishop Street Underwriters’ acquisition of Conifer Insurance Services in 2024, significant investments have been made in underwriting talent and AI-driven insights to scale solutions for agency partners and cannabis businesses at every stage of growth.

    “As the cannabis industry matures, our agency partners have consistently shared the need for higher limits and greater capacity,” said Nick Petcoff, CEO of Conifer Insurance Services. “Cannabis Select is a direct response to that need, building on our long track record of success while maintaining the service-first, flexible approach that has always defined Conifer.”

    Skyward Specialty President, Captives & Specialty Programs Corey LaFlamme commented, “The partnership with Conifer is a powerful example of Skyward Specialty’s “rule our niche” strategy in action, where we provide high-impact, tailored solutions to highly niche markets.”

    The addition of the Cannabis Select program expands the breadth of cannabis offerings Conifer provides this market. Its existing Cannabis Essentials program remains a trusted solution for businesses earlier in their journey, delivering affordable, accessible coverage to dispensaries, smaller grows and localized operations. The new Cannabis Select program offers high-limit, specialty coverage for retail dispensaries, cultivators and manufacturers operating at scale.

    Conifer now provides two tailored program options:

    Feature Cannabis Essentials Cannabis Select
    Ideal For Small-to-midsize growers, dispensaries, etc. Multi-State Operators, large cultivators, manufacturers
    Focus Affordability, scalability, accessibility High limits, sophisticated risk management
    Coverage Limits Up to $5M Property, $1M/$2M GL & Product Liability Up to $25M Property, $5M/$5M GL & Product Liability
    Carrier Rating AM Best A-X (Excellent) AM Best A-X (Excellent)
    Program Type Admitted and Non-Admitted (state dependent) Non-Admitted
    Availability Nationwide (where legal) Nationwide (where legal)
     

    Leadership with Deep Expertise

    The expansion of Conifer’s cannabis practice is being led by Kathleen Brown-Hurtado, president of Cannabis Specialty Programs, who brings extensive leadership experience and strategic vision to the team. Kathleen is joined by Jason Scheurle, vice president of Cannabis Specialty Programs, adding further industry expertise to support program growth and agency partner success.

    “As cannabis businesses scale, their insurance needs grow more complex.” said Brown-Hurtado, “Cannabis Select delivers the higher limits and specialized protections larger operations demand, while Cannabis Essentials ensures we remain the go-to partner for startups and growth-stage businesses alike.”

    To learn more about the Cannabis Select and Cannabis Essentials programs, or to get appointed with Conifer, visit coniferinsurance.com/cannabis or contact our experts:

    About Conifer Insurance Services

    Founded in 2012 and headquartered in Troy, Michigan, Conifer Insurance Services is a specialty MGA focused on delivering insurance solutions for emerging and underserved markets. With a deep expertise in niche industries including Cannabis, Hospitality and Liquor Liability, Conifer empowers agency partners with access to competitive, A-rated coverage backed by responsive underwriting and tailored risk management. For more information about Conifer’s cannabis programs, visit coniferinsurance.com

    About Skyward Specialty

    Skyward Specialty (Nasdaq: SKWD) is a rapidly growing and innovative specialty insurance company, delivering commercial property and casualty products and solutions on a non-admitted and admitted basis. The Company operates through eight underwriting divisions — Accident & Health, Agriculture and Credit (Re)insurance, Captives, Construction & Energy Solutions, Global Property, Professional Lines, Specialty Programs, Surety and Transactional E&S.

    Skyward Specialty’s subsidiary insurance companies consist of Great Midwest Insurance Company, Houston Specialty Insurance Company, Imperium Insurance Company, and Oklahoma Specialty Insurance Company. These insurance companies are rated A (Excellent) with a stable outlook by A.M. Best Company. For more information about Skyward Specialty, its people, and its products, please visit skywardinsurance.com.

    MEDIA CONTACTS

    Conifer Media Contact
    Matt Webber, VP, Business Development
    mwebber@coniferinsurance.com
    246-480-2990

    Skyward Specialty Media Contact
    Haley Doughty, Chief Marketing Officer & VP, Communications
    Hdoughty@skywardinsurance.com
    713-935-4944

    The MIL Network –

    May 21, 2025
  • MIL-OSI: Cloudera Delivers AI-Powered Unified Data Visualization in On-Premises Data Centers

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif., May 20, 2025 (GLOBE NEWSWIRE) — Cloudera, the only true hybrid platform for data, analytics, and AI, today announced the latest release of Cloudera Data Visualization, extending its AI capabilities to customers operating in on-premises environments.

    This new offering is a high-performance AI tool that democratizes insights across the full data lifecycle. With Cloudera Data Visualization, data engineers, business analysts, and data scientists can seamlessly communicate, collaborate, and share insights, without compromising data security or governance – all through the common language of visualization.

    Enterprises often struggle to appropriately visualize data due to silos across multiple platforms, complex integrations, and data governance limitations. Without a unified view, data visualization can be incomplete or misleading, often resulting in ineffective decision-making.

    Cloudera Data Visualization, now available on-premises, provides secure and integrated AI capabilities native to the Cloudera platform, empowering organizations to self-service visualization across multi-cloud and hybrid environments and the entire data lifecycle. This enables users to now unlock the value of their on-prem data through intuitive, out-of-the-box picturing and natural language querying. With Cloudera Data Visualization, enterprises can move faster, more efficiently, and with increased collaboration.

    “As enterprises continue to prioritize both multi-cloud and hybrid environments, they need to see their data as a part of a bigger picture,” says Leo Brunnick, Chief Product Officer at Cloudera. “Bringing together AI-driven insights, secure infrastructure, and seamless collaboration in one unified platform, users can see the missing puzzle pieces of their data, wherever they may be. It’s not just about being able to see the data; it’s about seeing how it all fits together to deliver business-critical insights.”

    Key features of Cloudera Data Visualization include: 

    • Out-of-the-Box Imaging: Use an intuitive drag-and-drop builder or choose from a wide range of custom extension options to create graphs or charts for every use case—from customer loyalty shifts to decades’ worth of trading trends—all in one platform.
    • Built-in AI Tools: Leverage AI in your BI workflows with AI Visual, a built-in AI tool in Cloudera Data Visualization. Unlock visual and structured reports easily using natural language querying, making AI-driven insights more accessible than ever.
    • Predictive Application Builder: Create unique applications with this innovative capability that is pre-built with machine learning models served in Cloudera AI, as well as models in Amazon Bedrock, OpenAI, and Microsoft Azure OpenAI.
    • Enterprise Security: Leverage enterprise data from anywhere without moving, copying, or creating security gaps with integrated security with Cloudera Shared Data Experience (SDX).
    • Robust Governance: Take complete control of data used for picturing with advanced governance features.

    “By integrating directly with Cloudera’s unified platform, users benefit from a consistent experience, enhanced collaboration, and full lifecycle data exploration—all while retaining full control over their own infrastructure,” said industry analyst, Sanjeev Mohan. “Now, Cloudera users can picture and share insights securely within their on-prem environment, allowing their teams to be more agile and informed in their decision-making.”

    Visit the Cloudera website to learn more about Cloudera Data Visualization, now available on-premises.

    About Cloudera
    Cloudera is the only true hybrid platform for data, analytics, and AI. With 100x more data under management than other cloud-only vendors, Cloudera empowers global enterprises to transform data of all types, on any public or private cloud, into valuable, trusted insights. Our open data lakehouse delivers scalable and secure data management with portable cloud-native analytics, enabling customers to bring GenAI models to their data while maintaining privacy and ensuring responsible, reliable AI deployments. The world’s largest brands in financial services, insurance, media, manufacturing, and government rely on Cloudera to use their data to solve what once seemed impossible—today and in the future.

    To learn more, visit Cloudera.com and follow us on LinkedIn and X. Cloudera and associated marks are trademarks or registered trademarks of Cloudera, Inc. All other company and product names may be trademarks of their respective owners.

    Contact
    Jess Hohn-Cabana
    cloudera@v2comms.com

    The MIL Network –

    May 21, 2025
  • MIL-OSI: CloudBees Unveils CloudBees Unify: Redefining AI-powered Enterprise DevOps by Providing Full Visibility, Security, and Scale – No Migration Needed

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, May 20, 2025 (GLOBE NEWSWIRE) — CloudBees, one of the world’s leading software development solution companies, today announced CloudBees Unify, a strategic leap forward in how enterprises manage software delivery at scale, shifting from offering standalone DevOps tools to delivering a comprehensive, modular solution for today’s most complex, hybrid software environments.

    Enterprises today face a growing challenge: fragmented DevOps toolchains have created operational inefficiencies, increased risk, and eroded developer productivity. Teams are under pressure to accelerate innovation, adopt AI-driven practices, and meet rising compliance standards, all while managing the sprawl of decades of pipelines, open-source tools, and hybrid infrastructure.

    “Since our founding, we’ve been partnering with the world’s most complex organizations to help them deliver software with speed, safety, and choice,” said Anuj Kapur, CEO of CloudBees. “CloudBees Unify builds on that foundation of trust and openness, giving enterprises the flexibility to integrate what works, govern at scale, and modernize on their own terms, without the need to rip and replace. We’re meeting them where they are and helping them move forward with confidence.”

    CloudBees Unify takes a unique approach to this challenge. It enables organizations to consolidate governance, standardize security, and accelerate delivery without discarding existing systems. Unlike traditional DevOps platforms, CloudBees Unify acts as an operating layer on top of any existing toolchain, using an open and modular architecture that connects seamlessly with popular tools like GitHub Actions and Jenkins. The result is modernization without disruption.

    “CloudBees Unify understands what many platforms miss—ripping and replacing simply doesn’t work at the enterprise level,” said Sudhakar Parakala, VP of IT and Applications at Synaptics. “We need solutions that complement our existing systems, not conflict with them. That’s exactly why CloudBees Unify is so compelling to us.”

    Key benefits and capabilities of CloudBees Unify include:

    • Unified Control Plane: A central interface for CI/CD, offering real-time analytics, governance, and compliance across hybrid environments and diverse toolchains.
    • Progressive Adoption Model: Integrate with traditional systems to support incremental modernization, avoiding costly lift-and-shift migrations.
    • Continuous Security: Built-in, automated security scans and compliance enforcement embedded in the SDLC, reducing risk without interrupting developers.
    • AI-Driven Testing and Optimization: Smart Tests optimize test coverage per commit, and AI-enhanced workflows reduce triage time and accelerate delivery.
    • Artifact Traceability and Unified Releases: Provide full transparency and governance across every deployment, critical for teams managing at scale.
    • GitHub Actions and Config-as-Code Integrations: Streamline developer workflows while enabling policy enforcement and traceability by default.
    • AWS SaaS Marketplace: CloudBees SaaS has earned the “Deployed on AWS” designation in AWS Marketplace, making it eligible to count toward customers’ AWS committed spend.

    This launch comes as the company continues its commitment to bring digital transformation to the Global 2000. Since announcing its SaaS offering in November 2023, CloudBees has seen early and accelerating adoption, with nearly 10% of customers now leveraging the SaaS product. The debut of CloudBees Unify builds on that momentum, marking the company’s next chapter as it expands its SaaS footprint and delivers enterprise DevOps solutions built for the future of software delivery.

    CloudBees is offering early access to CloudBees Unify to existing customers today, with full availability expected in Fall 2025. To learn more, contact their team.

    About CloudBees

    CloudBees is a leading DevOps solution for enterprises navigating the complexity of modernizing software development at scale. Built for global enterprises, CloudBees bridges the gap between legacy systems and emerging technologies, helping organizations innovate securely, intelligently, and on their own terms.

    As the industry’s most open and flexible DevOps solution, CloudBees integrates with any developer tool, allowing teams to build better, faster, and safer across any environment. CloudBees automates and optimizes software delivery at scale with continuous compliance and enterprise-grade governance built-in, accelerated with AI capabilities.

    Founded in 2010, CloudBees is backed by Goldman Sachs, Morgan Stanley, Bridgepoint Capital, HSBC, Golub Capital, Delta-v Capital, Matrix Partners, and Lightspeed Venture Partners.

    Visit us at www.cloudbees.com.

    Contact

    Scott Sutherland
    SutherlandGold for CloudBees
    cloudbees@sutherlandgold.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5f6069b8-b777-4114-9965-5aec428ed9a7

    The MIL Network –

    May 21, 2025
  • MIL-OSI: EverCommerce Appoints Amy Guggenheim Shenkan to Its Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    DENVER, May 20, 2025 (GLOBE NEWSWIRE) — EverCommerce Inc. (Nasdaq: EVCM) (the “Company”), a leading provider of SaaS solutions for service SMBs, announced today the appointment of Amy Guggenheim Shenkan to its Board of Directors.

    Ms. Shenkan’s extensive experience serving on the boards of RingCentral (NYSE: RNG), Pickles Auctions (an Apax Partners PE portfolio company), Zuora, and RB Global, Inc. brings a breadth of experience in guiding businesses. In addition, she has significant experience in leadership positions at Wells Fargo, Travelocity, Common Sense Media, and McKinsey & Company with an emphasis on innovation and digital transformation. Upon joining the EverCommerce Board, Ms. Shenkan will serve on the Company’s Audit Committee.

    “We are thrilled to welcome Amy to our Board of Directors,” said EverCommerce CEO and Chairman of the Board Eric Remer. “Her experience in leveraging technology to accelerate change and growth will be a welcome addition to our Board as we both continue on our transformation journey and increasingly look to leverage AI to improve our customer-facing software and drive more efficiencies in our operations.”

    “EverCommerce is truly a leader in its space. I’m honored to join the Board of Directors and look forward to leveraging my expertise to support the Company as it continues to empower the lives of service-based small businesses,” said Ms. Shenkan.

    About EverCommerce

    EverCommerce (Nasdaq: EVCM) is a leading service commerce platform, providing vertically-tailored, integrated SaaS solutions that help more than 725,000 global service-based businesses accelerate growth, streamline operations, and increase retention. Its modern digital and mobile applications create predictable, informed, and convenient experiences between customers and their service professionals. With its EverPro, EverHealth, and EverWell brands specializing in Home, Health, and Wellness service industries, EverCommerce provides end-to-end business management software, embedded payment acceptance, marketing technology, and customer experience applications. Learn more at EverCommerce.com.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation, statements regarding Ms. Shenkan’s contributions to the Board, our future operations and strategy, implementation of our innovation and digital transformation and optimization initiatives, and our plans to leverage artificial intelligence. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the factors described in our Annual Report on Form 10-K for the year ended December 31, 2024 and updated by our other filings with the SEC. These factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.

    Media Contact
    Jeanne Trogan
    VP of Communications
    737-465-2897
    Press@evercommerce.com

    Investor Contact
    Brad Korch
    SVP and Head of Investor Relations
    720-796-7664
    IR@evercommerce.com

    The MIL Network –

    May 21, 2025
  • MIL-OSI: Cangrade Introduces Jules Interview Practice Tool to Help Jobseekers Land Their Dream Jobs

    Source: GlobeNewswire (MIL-OSI)

    WATERTOWN, Mass., May 20, 2025 (GLOBE NEWSWIRE) — Cangrade today announced the launch of Jules interview practice tool, designed to help jobseekers refine their interview skills through personalized, on-demand mock interview sessions. Building on the success of Jules for self-discovery, this new capability simulates real interview scenarios by analyzing a user’s job description and resume to generate tailored behavioral and soft skill questions dynamically.

    Survey findings show an overwhelming number of job seekers (93%) have experienced interview anxiety. The stakes are high, considering more than half of all candidates are rejected at the first interview stage, and 30% of interviewers made their decision about a job seeker within the first five minutes of the interview. Being prepared can help put candidates at ease and perform their best when it counts.

    Cangrade’s interview practice tool empowers jobseekers to avoid the common trap of “practicing” during real interviews, and instead, enter each opportunity ready. Users can customize their experience by selecting the number of questions in each category and receive immediate feedback with AI-driven scoring and improvement suggestions.

    Key benefits include:

    • Landing your dream job by enhancing your interview performance.
    • Mastering interview techniques by receiving real-time feedback and scoring.
    • Practicing before the stakes are high, so you’re not learning on the spot.
    • Customizing your preparation to align with the job you want.
    • Practicing anytime, anywhere, with on-demand accessibility.

    “We launched Jules for self-discovery as an AI-powered career coach, offering highly personalized, actionable strategies to help users up-level their personal and professional lives,” said Gershon Goren, Founder and CEO, Cangrade. “Our interview practice tool is a natural extension of this, helping people overcome one of the biggest pain points of jobseeking, and showing up for real interviews with confidence.”

    The Jules interview practice tool is now available to jobseekers looking to take their interviewing skills to the next level. For more information, visit www.cangrade.com.

    About Cangrade
    For HR leaders, Cangrade is the bias-free, AI-powered talent intelligence platform. By integrating data into talent acquisition and management processes, Cangrade enables businesses to make strategic and efficient decisions from initial screening through the entire employee lifecycle. Delivering 10x more accurate predictions of talent success and retention than traditional methods, the company’s Pre-Hire Assessment has helped organizations like Wayfair, FDNY, Lamar Advertising, and Applied Industrial Technologies make the right hiring decisions for over 10 million candidates and counting. For more information, visit www.cangrade.com.

    Media Contact:
    Gina Devine
    Public Relations
    gina@versionpublicrelations.com

    The MIL Network –

    May 21, 2025
  • MIL-OSI: Payscale Leads the Way with New Innovative Compensation Solutions That Solve Critical Data Gaps

    Source: GlobeNewswire (MIL-OSI)

    SEATTLE, May 20, 2025 (GLOBE NEWSWIRE) — Payscale Inc., the leading compensation data technology company, today announced the availability of two new data sets and two new integrated AI solutions to empower organizations to make strategic pay decisions with confidence, as part of its new approach to compensation intelligence.

    These industry-leading solutions come as Payscale research reveals compensation decision makers are grappling with a significant pay data confidence gap. Almost half (47 percent) of the HR and business leaders surveyed by the company reported that despite the significant amount of data and surveys available, it’s not what they need to produce effective compensation insights.

    The survey of 500 compensation decision makers across HR and business leadership shows openness to AI, with two thirds (64 percent) stating they would turn to AI to fill critical compensation data gaps.

    “Compensation is any organization’s largest investment and its greatest opportunity,” said Payscale CEO, Chris Hays. “While fair pay remains a constant priority, relying on inaccurate or incomplete data costs employers in wages, retention, and overall performance. Our groundbreaking data model combines advanced AI with real-world data to provide detailed insights so HR and business leaders can confidently make decisions about any job, anytime, anywhere.”

    Timely, trusted data augmented with AI

    To help organizations address these challenges and make more confident compensation decisions, Payscale’s innovative new data approach goes beyond traditional compensation data sets to combine trusted data with advanced AI modelling for the highest level of accuracy, depth, and transparency. The two datasets leveraging this approach are Payscale Verse and Payscale Pulse.

    • Payscale Verse: Now available as part of Payscale Payfactors, the company’s scalable compensation management platform, Payscale Verse is one of the most innovative datasets on the market. Verse merges Payscale Peer data, a revolutionary approach to the compensation survey, with advanced AI modeling to enable organizations to price any job across any level, industry, size, or location.
    • Payscale Pulse: Industry surveys for business services, colleges and universities, construction, healthcare, and retail have been added to AI-enhanced dataset, Payscale Pulse. This dataset is updated quarterly with fresh data and new jobs, that includes industry and international surveys.

    “Raw compensation data is not enough. Businesses need true compensation intelligence to make confident and strategic pay decisions,” said Payscale Chief Product Officer, Peh Teh. “By combining trusted, real-world data with industry-leading AI, organizations can make decisions with unmatched transparency and unparalleled insights. This is different than anything else in the market today.”

    Intelligent compensation insights and intuitive automation

    New, intelligent solutions will deliver a next-generation user experience that streamlines the way organizations gather compensation insights, ensuring the process is efficient, consistent, and intuitive as organizations scale.

    • Payfactors Explore is a groundbreaking new experience combining fresh market data and tailored insights, transforming how users interact with real-time compensation information. Integrating AI, Payfactors Explore surfaces insights that offer a dynamic view of the market. Organizations can try Explore with three complimentary searches in Payfactors Free, Payscale’s entry-level compensation tool.
    • Price at Scale delivers a faster, more consistent way to apply an organization’s unique pricing philosophy across groups of jobs without losing job match quality. This solution, available in both Payscale Payfactors and Payscale Marketpay, prioritizes efficiency without sacrificing precision, and empowers customers to self-manage the process with technology instead of needing to outsource the work or rely on service teams.

    Payscale unveils new brand identity at WorldatWork

    To reinforce its commitment to innovation and intelligent compensation solutions, Payscale has unveiled a bold refresh to its brand identity. The new look reflects Payscale’s category leadership and track record for delivering compensation confidence to the market.

    Payscale is showcasing its innovative product lineup and refreshed brand identity at this year’s WorldatWork Total Rewards Conference on May 19-21, 2025. Learn more by visiting booth #1119 or request a demo.

    About Payscale

    Payscale stands at the forefront of compensation data technology, pioneering an innovative approach that harnesses advanced AI and up-to-date and reliable market data to align employee and employer expectations. With its suite of solutions—Payfactors, Marketpay, and Paycycle—Payscale empowers 65% of Fortune 500 companies to make strategic compensation decisions. Organizations like Panasonic, ZoomInfo, Chipotle, AccentCare, University of Washington, American Airlines, and Rite Aid rely on its unique combination of actionable data and insights, experienced compensation services, and scalable software to drive business success. By partnering with Payscale, businesses can make confident compensation decisions that fuel growth for both their organization and their people.

    Create confidence in your compensation. Payscale.

    To learn more, visit www.payscale.com.

    Contact: Press@Payscale.com

    The MIL Network –

    May 21, 2025
  • MIL-OSI: Notice of changes to shareholding and share capital of Northern Horizon Capital AS

    Source: GlobeNewswire (MIL-OSI)

    Northern Horizon Capital AS, the management company of Baltic Horizon Fund, hereby notifies of a change to its shareholdings and a decrease in its share capital and the related amendments to the articles of association.

    The shareholders decided to decrease the share capital from EUR 138,899 to EUR 125,000 by cancelling all 13,899 B-class shares held by the shareholder Northern Horizon Capital JIC OÜ (total nominal value of EUR 13,899).

    As a result of the foregoing, Northern Horizon Capital A/S (registered in Denmark under registration number CVR 27599397) increases its direct shareholding from 90% to 100% of the shares, remaining the sole shareholder of Northern Horizon Capital AS.

    For additional information, please contact:

    Tarmo Karotam
    Baltic Horizon Fund manager
    E-mail tarmo.karotam@nh-cap.com
    www.baltichorizon.com

    The Fund is a registered contractual public closed-end real estate fund that is managed by Alternative Investment Fund Manager license holder Northern Horizon Capital AS. 

    Distribution: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm, www.baltichorizon.com

    To receive Nasdaq announcements and news from Baltic Horizon Fund about its projects, plans and more, register on www.baltichorizon.com. You can also follow Baltic Horizon Fund on www.baltichorizon.com and on LinkedIn, Facebook, X and YouTube.

    The MIL Network –

    May 21, 2025
  • MIL-OSI: QuantumLight closes $250M Fund and publishes the hiring playbook that fueled Revolut’s success

    Source: GlobeNewswire (MIL-OSI)

    New York, May 20, 2025 (GLOBE NEWSWIRE) — QuantumLight, the quantitative venture capital firm founded by Nik Storonsky, today announces the final close of its inaugural $250 million fund. At the same time, the firm is publicly launching its second operating playbook, Hiring Top Talent, designed to help founders systematically scale world-class teams.

    The $250 million Fund I, which closed at hard cap, is backed by a global group of top-tier LPs, including billionaire tech founders and prominent institutions. Since its launch in 2023, QuantumLight has backed exceptional founders across AI, Web3, Fintech, SaaS and Healthtech. 

    QuantumLight CEO Ilya Kondrashov. 

    Founded by Nik Storonsky, the entrepreneur behind $45bn fintech giant Revolut, QuantumLight is on a mission to bring scientific precision to venture capital. The firm’s approach is grounded in systematic investing through its proprietary AI model, Aleph, purpose-built to identify outlier growth-stage companies.

    “Our ambition is to build the world’s best systematic venture capital and growth equity firm – and support the new generation of founders by sharing some of the operating principles that we developed at Revolut”, said Nik Storonsky, Founder of QuantumLight and CEO & Founder of Revolut.

    QuantumLight: the quantitative venture capital firm

    QuantumLight’s second public playbook, Hiring Top Talent, co-authored with Nik Storonsky is following the success of the previously released manual Driving High Performance. The firm is unveiling the structured recruitment approach behind Revolut’s hiring engine that helped the company scale to over 10,000 employees in c. 10 years.

    The new playbook provides a practical blueprint for every stage of the hiring journey, guiding founders on how to hire at speed without compromising quality. The approach centers on identifying high-potential problem-solvers and assessing them through a highly structured, repeatable process that ensures consistency and reduces bias. The playbook positions talent as a strategic function that should not be outsourced, and promotes building an internal recruitment team early on. Already in use across QuantumLight’s portfolio companies, the playbook equips teams with practical frameworks to scale with clarity and intention from day one.

    “QuantumLight’s frameworks around hiring helped us bring structure and consistency to how we evaluate candidates. Leveraging the talent framework and interview playbooks gave us a clear starting point and helped us accelerate our hiring efforts. It’s been valuable to learn from the systems that helped scale Revolut into a global company.” said Mark Lee, Founder & CEO of MarqVision, a QuantumLight portfolio company.

    “Our goal is to make the invisible operating systems behind iconic companies like Revolut visible and replicable. Founders shouldn’t have to reinvent the wheel when it comes to building high-performing teams. By sharing these tools and frameworks, we’re helping scale-ups move faster from day one. ” said Ilya Kondrashov, CEO of QuantumLight.

    End

    Media images can be found here. 

    About QuantumLight
    QuantumLight is a quantitative venture capital firm founded by Nik Storonsky. The firm leverages data and technology to invest in high-potential companies, driven by a team of engineers, data scientists, quant traders, and seasoned company founders. QuantumLight is committed to redefining venture capital through innovation and rigorous analysis. For more information, please visit https://quantumlightcapital.com/ or follow via LinkedIn. 

    About MarqVision
    MarqVision is the leading AI-powered IP operating system helping global brands detect, manage, and enforce their intellectual property rights at scale. Built on a proprietary AI model, the platform enables brand protection teams to automate counterfeit takedowns and enforcement up to 20x more efficiently than human teams.

    Since its founding, MarqVision has served some of the world’s most iconic brands, including Louis Vuitton, Moet Hennessy, Allbirds, and more. The company has raised over $40M from top-tier investors such as DST Global, Altos Ventures, and Atinum Partners. QuantumLight is an investor in MarqVision. 

    The MIL Network –

    May 21, 2025
  • MIL-OSI: Simpliigence Expands Its Footprint with a New Office Opening in Indiranagar, Bangalore

    Source: GlobeNewswire (MIL-OSI)

    BANGALORE, India, May 20, 2025 (GLOBE NEWSWIRE) — Simpliigence, a leading Salesforce consulting firm focused on digital transformations, is proud to announce the opening of its new office in the vibrant business district of Indiranagar, Bangalore (often referred to as the Silicon Valley of India). This marks a significant milestone in the company’s growth journey, strengthening its commitment to delivering world-class digital solutions globally.

    With a strong presence already established in New York and Bangalore, Simpliigence is experiencing rapid growth, driven by its success in helping clients streamline sales, service, and operations, enhance customer experiences, and maximize their Salesforce investment. The new office further solidifies the company’s expansion plans and reinforces its dedication to supporting businesses of all sizes & industries in adopting innovative technology solutions that drive measurable results.

    The Bangalore office will serve as a hub for Simpliigence’s growing team of certified Salesforce experts, providing a collaborative space designed for innovation, strategy development, and ensuring client success. It will support Simpliigence’s mission of delivering personalized, flexible, and fast Salesforce implementations, while fostering an employee-first culture that values innovation, creativity, and excellence.

    “We are excited to open our new office in one of Bangalore’s most dynamic districts,” said Raghu Seetharam, CEO at Simpliigence. “Bangalore is truly the heartbeat of IT ecosystem and this expansion not only highlights our commitment to providing tailored Salesforce solutions to businesses but also positions us for continued growth as we partner with more businesses looking to unlock the full potential of Salesforce.”

    The expansion into Indiranagar enhances Simpliigence’s capacity to serve clients across various industries, offering a comprehensive suite of services including Salesforce advisory, integration, concierge support, custom development, strategic positioning, and capacity building. This move aligns with Simpliigence’s vision to transform the way businesses manage their customer relationships and business operations using Salesforce ecosystem and other CRMs.

    Simpliigence’s Bangalore office is now open and ready to support businesses looking to optimize their Salesforce capabilities.

    About Simpliigence:
    Founded in 2020, Simpliigence is a Salesforce consulting firm focused on helping businesses implement, optimize, and manage the Salesforce platform. With a team of certified Salesforce professionals based in the USA, Canada, and India, Simpliigence specializes in delivering flexible, scalable, and cost-effective solutions that empower 150+ businesses to leverage the full potential of Salesforce.

    Media Contact:
    Subhasmita
    Marketing Lead
    subhasmita@simpliigence.com
    https://simpliigence.com/

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

    A photo accompanying this announcement is available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/5ad3ad5d-ef4e-45c2-bee6-55cca1584e5b

    The MIL Network –

    May 21, 2025
  • MIL-OSI Economics: BOBC Auctions- 20 May 2025

    Source: Bank of Botswana

    The Monetary Policy Rate (MoPR) was unchanged at 1.9 percent of the previous week, for a paper maturing on 28 May 2025.  The summarised results of the auction held on 20 May 2025, are attached below:

    BOBC Results 20 May 2025.pdf

    MIL OSI Economics –

    May 21, 2025
  • MIL-OSI Economics: Australia digital health market to grow at 8% CAGR through 2034, forecasts GlobalData.

    Source: GlobalData

    Australia digital health market to grow at 8% CAGR through 2034, forecasts GlobalData.

    Posted in Medical Devices

    The digital health market in Australia is set for expansion. This growth reflects the increasing integration of digital technologies into healthcare and rising demand for more accessible, efficient, and personalized medical services. With these factors in play, the digital health market in Australia is set to grow at compound annual growth rate (CAGR) of approximately 8% through 2034, forecasts GlobalData, a leading data and analytics company.

    GlobalData’s research reveals that Australia accounted for 12% of the Asia-Pacific (APAC) digital health market in 2024. This growth is fueled by the ongoing technological advancements, particularly the integration of artificial intelligence (AI), along with improvements in functionality and user experience.

    Shamreen Parween, Medical Devices Analyst at GlobalData, comments, “The move toward digital health marks a transformative shift in the landscape of modern healthcare, fundamentally altering how medical services are delivered, integrated, and perceived. This change redefines patient care by enabling more seamless coordination among providers, enhancing the overall healthcare experience, and embracing innovative, technology-driven approach to treatment and wellness.”

    AusBiotech, Australia’s life sciences industry body, has recently partnered with ANDHealth, the country’s provider of commercialization support for digital and connected health. This strategic partnership aims to deeply embed digital health within the broader life sciences and biotech sectors, facilitating a culture of innovation and accelerating the advancement and adoption of transformative health technologies. Together, they aim to drive the seamless integration of digital health solutions, paving the way for improved healthcare outcomes and sustained industry growth.

    Parween concludes: “Digital health is transforming the healthcare landscape by improving efficiency, and supporting more individualized, patient-centered care. Its impact extends far beyond clinical settings, creating new job opportunities, expanding market opportunities, and enhancing the overall quality and accessibility of care.”

    MIL OSI Economics –

    May 21, 2025
  • MIL-OSI Economics: FIFA and Wanda Group partnership largest annual sponsorship deal in construction and real estate sector, reveals GlobalData

    Source: GlobalData

    FIFA and Wanda Group partnership largest annual sponsorship deal in construction and real estate sector, reveals GlobalData

    Posted in Sport

    In 2016, Wanda Group signed a 15-year deal, which sees the brand serve as a top-tier FIFA partner. Under the agreement, Wanda secured rights to all FIFA competitions and corporate activities, extending through the 2030 World Cup, with a deal value reported to be approximately $56.57 million per year. Alongside the brands’ partnership with FIFA, Wanda Group is the highest spending brand across the construction and real estate sector in 2025, reveals GlobalData, a leading data and analytics company.

    GlobalData’ s latest report, “Sponsorship Sector Report – Construction & Real Estate 2025”, reveals that across the construction and real estate sector, soccer commands the top position in terms of annual sponsorship revenue and deal volume in 2025. Mitsui Fudosan is recognized as the most active brand across the sector, boasting 11 active partnerships in 2025.

    Olivia Snooks, Sport Analyst at GlobalData, comments: “Wanda Group was the first Chinese company to achieve top-tier partner status with FIFA. The partnership between Wanda Group and FIFA aims to facilitate the advancement of grassroots soccer development in China and across China.”

    Saudi Arabia has seen a surge in the construction and real estate sector’s involvement with the sports sponsorship industry and occupies a significant portion of the higher-value partnerships across the sector. Brands including Roshn and Red Sea Global, both are owned by the Saudi backed Public Investment Fund (PIF) have both partnered with teams competing in the Saudi Professional League, the top-flight soccer league in Saudi Arabia. Roshn’s naming rights partnership with the Saudi Professional League is one of the largest partnerships across the sector.

    Snooks continues: “The PIF’s involvement in the sponsorship activities across the Saudi Professional League has had a major impact on soccer across Saudi Arabia. The PIF has essentially taken control of the biggest clubs across the Saudi Pro League, as well as the league itself. Through Roshn serving as the league’s title partner and the PIF owning four of the biggest clubs across the league, this enables the fund to not only benefit from one of their brands gaining exposure but also four of their teams gaining more revenue.”

    Despite a decline in the number and total value of transactions within the construction and real estate sector from 2018 to 2019, the industry has experienced consistent year-over-year growth in both the quantity of agreements signed and their cumulative annual worth through 2023. Between 2023 and 2024, the volume of deals signed plateaued; however, the annual value of these deals increased. Taking this into consideration, it could be suggested that even though the volume of deals agreed upon has not increased, the value of the deals that brands across the sector are committing to is growing.

    Snooks concludes: “2025 will present uncertainty for the global economy given the tariffs, which have been implemented by US President Donald Trump. As tariffs elevate the expense of imported materials, including steel and aluminum, construction firms frequently find themselves absorbing these increased costs. The degree to which these developments will influence the construction and real estate sector’s engagement in the sports sponsorship arena remains to be determined.

    “However, it is important to mention that as the tariffs only apply to materials being imported into the US, for brands that do not do business in the US, they are less likely to be affected; the situation is also very changeable with tariff rates changing and having already been postponed for 90 days since the original announcement.”

    MIL OSI Economics –

    May 21, 2025
  • MIL-OSI Economics: Cautious investor sentiment pulls global deal activity down 5% YoY in first four months of 2025, finds GlobalData

    Source: GlobalData

    Cautious investor sentiment pulls global deal activity down 5% YoY in first four months of 2025, finds GlobalData

    Posted in Business Fundamentals

    Cautious investor sentiment has weighed heavily on the global deal landscape, with mergers and acquisitions, private equity, and venture financing activities collectively declining by approximately 5% year-on-year (YoY) during the first four months of 2025. Geopolitical uncertainty and macroeconomic headwinds have prompted dealmakers to adopt a more selective, risk-averse approach, leading to a slowdown across major markets, reveals GlobalData, a leading data and analytics company.

    The contraction in deal volume during the first four months of 2025 can be primarily attributed to 4.3% reduction in M&A activity, which accounts for more than half of the combined total of all deal types.

    An analysis of GlobalData’s Deals Database revealed that private equity and venture financing deals also faced contractions, indicating a cautious approach from investors amid uncertain market conditions.

    The number of private equity deals announced during the first four months of 2025 showcased a decline of 4.5% compared to January-April 2024 while venture financing deals volume were down by 6.8% YoY.

    Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The global decline can be attributed to several factors, including geopolitical tensions and macroeconomic challenges that have made dealmakers risk-averse. As companies reassess their growth strategies, many seem to have opted for organic growth over acquisitions, leading to a slowdown in M&A activity. Additionally, investors are becoming selective and cautious while making investment decisions.”

    North America continues to dominate the global deal activity. However, it has not been immune to the slowdown, recording a YoY decline of around 4%. The US, historically a powerhouse in deal-making, reported a decrease in deal volume, reflecting a broader trend of caution among the dealmakers. Similarly, Europe, Asia-Pacific, Middle East and Africa, and South and Central America also experienced declines of around 7%, 3%, 11% and 13%, respectively.

    Bose adds: “Despite the overall downturn, certain markets have shown resilience suggesting that these may serve as a beacon of opportunity amid the global decline.”

    India, for instance, recorded a growth of around 13% in deal volume. Japan also demonstrated a positive trend with a growth rate of approximately 25%. Meanwhile, the US, the UK and China witnessed their respective deal volume fall by around 4%, 7% and 15%, respectively, during January-April 2025.

    Bose concludes: “The global deal landscape is undergoing a significant transformation as we move further into 2025. However, it is essential to recognize that certain markets are still thriving, reflecting a shift in focus towards nations that offer growth potential despite broader economic challenges.”

    Note: Historic data may change in case some deals get added to previous months because of a delay in disclosure of information in the public domain.

    MIL OSI Economics –

    May 21, 2025
  • MIL-OSI Economics: Supply chain remains resilient in M&A landscape despite 13% YoY fall in deal value in Q1 2025, reveals GlobalData

    Source: GlobalData

    Supply chain remains resilient in M&A landscape despite 13% YoY fall in deal value in Q1 2025, reveals GlobalData

    Posted in Strategic Intelligence

    Amid the impact of heightened geopolitical uncertainties and low growth across all the major economies, the first quarter of 2025 saw an overall decline in mergers and acquisitions (M&A) deal value of 13% compared to the same quarter in 2024. Supply chain resilience was the single most important theme, with $84 billion in supply chain-related transactions across 25 deals, covering sectors like healthcare and materials, reveals GlobalData, a leading data and analytics company.

    GlobalData’s latest Strategic Intelligence report, “Global M&A Deals in Q1 2025 – Top Themes by Sector,” reveals that mega-deals, deals with a transaction value greater than or equal to $1 billion, decreased by 11% to $453 billion, compared to $507 billion in Q1 2024.

    Priya Toppo, Strategic Intelligence Analyst at GlobalData, comments: “Amid rising geopolitical tensions, demographic shifts, stricter ESG regulations, persistent labor shortages, and rapid digital transformation, companies are sharpening their focus on supply chain-related M&A activity. To mitigate risks and boost operational efficiency, they are increasingly investing in resilient, localized, and technology-enabled supply chains. This was especially true in the healthcare, materials, industrials, and consumer sectors.

    The biggest supply chain deal was Sycamore Partners’ acquisition of Walgreens Boots Alliance for $23.7 billion. This deal was also the biggest in the consumer sector in Q1 2025. It was followed by Borouge Group International’s acquisition of Nova Chemicals for $13.4 billion and QXO’s acquisition of Beacon Roofing Supply for $10 billion.

    Toppo continues: “An ongoing trend is the dominance of North America in M&A deal activity, accounting for 2,920 deals worth $380 million during Q1 2025. However, North America, Europe, China, APAC Ex-China, and the Middle East and Africa all saw a YoY decline in deal value.”

    Toppo concludes: “The M&A outlook for the rest of 2025 is cautiously optimistic. Prospects of rate cuts in certain markets and an overall improving global growth outlook could drive increased activity. However, mega-deals may continue to face challenges, particularly in the US, where antitrust scrutiny remains a key focus for regulators.”

    MIL OSI Economics –

    May 21, 2025
  • MIL-OSI United Kingdom: £1 billion BioNTech investment sets way for jobs, growth, breakthroughs

    Source: United Kingdom – Executive Government & Departments 2

    Press release

    £1 billion BioNTech investment sets way for jobs, growth, breakthroughs

    Covid-19 vaccine pioneers BioNTech commit to up to £1 billion, 10-year investment in the UK.

    • Covid-19 vaccine pioneers BioNTech commit to up to £1 billion, 10-year investment in the UK.
    • New research and AI centres to be established in London as well as Cambridge – demonstrating the benefits of the Oxford-Cambridge Growth Corridor – to develop the next generation of life-changing medicines.
    • Underpinned by up to £129 million of government support, this agreement underscores the government’s commitment to life sciences as a key part of the Plan for Change, driving improvements in healthcare, and delivering economic growth.

    Hundreds of highly skilled jobs will be created, and new research centres will be set up aimed at making new advances in medical science, thanks to a planned investment of up to £1 billion into the UK by world-leading biopharmaceutical company BioNTech announced today (Tuesday 20 May).

    This is one of the biggest investments in the history of UK life sciences, made possible with government backing – all part of plans to support this growth-driving sector as part of the Plan for Change, and our mission to turbo-charge economic growth in every part of the country.

    This historic investment is a testament to the confidence in the UK life sciences – one of the priority sectors of the economy that will form a key part of the forthcoming Industrial Strategy – as a driver of economic growth, job creation, and innovations that could overhaul what’s possible in healthcare. The sector is already thriving, worth £108 billion to the economy and providing more than 300,000 highly skilled jobs across the country. But through measures like our commitment to investing up to £520 million in the sector through the Life Sciences Innovative Manufacturing Fund, we want to boost UK life sciences to even greater heights, bolstering our ambitions to grow the economy, create jobs, and building on the UK’s position as the second-most attractive destination for international investment.

    BioNTech will invest in the UK over the course of the next 10 years as part of an ambitious plan to significantly expand their presence here. That will see them create two new R&D hubs, the first to be based in Cambridge, as well as an AI hub to be based at BioNTech’s planned UK headquarters in London. These are planned to create more than 400 new highly skilled jobs over the next 10 years, including researchers in clinical and scientific drug development, bioinformatics, and a range of supporting functions. Indirectly, the investment is also likely to create a substantial number of additional jobs in the supply chain.

    BioNTech are the pioneering company behind mRNA vaccines and cancer immunotherapies notably used to tackle COVID-19, and more recently trialled to help patients with cancer.

    According to the Academy of Medical Sciences, every £1 spent on medical research delivers a return of 25p, every year, forever after that, so the long-term economic impact of an investment in research on this scale, speaks for itself. This is the government’s Plan for Change, in action, and shows how our ambitions for the Oxford-Cambridge Growth Corridor are already pulling international investment into the UK.

    BioNTech signed an agreement finalising the investment together with Science Secretary Peter Kyle today. As part of the agreement, the government will contribute up to £129 million in grant funding over a period of 10 years.

    Science and Technology Secretary Peter Kyle said:

    This investment will propel the growth-driving life sciences sector to new heights, delivering cutting-edge facilities, building careers in the future-facing jobs we want our children to have, and ultimately unlocking progress in medical science that could save lives.

    This is a clear indication of how we will deliver the government’s Plan for Change: working together with the best and brightest businesses and innovators to unlock their potential, and then reap the benefits for the economy, health and more that their drive and genius can deliver.

    Chancellor of the Exchequer, Rachel Reeves, said:

    This is another testament to confidence in Britain being one of the world’s top investment destinations and a global hub for life sciences. It will create hundreds of high-skilled, well-paid jobs, as we deliver on our promise to put more money in working people’s pockets through our Plan for Change.

    CEO and co-founder of BioNTech, Uğur Şahin, said:

    This agreement marks the next chapter of our successful strategic partnership with the UK government. Together, we have already made a meaningful difference in expanding access to investigational personalized cancer therapies for patients. Now, we are taking the next step to accelerate and broaden our research and development efforts advancing towards our vision to translate science into survival for patients.

    In Cambridge, BioNTech plans to set up a new R&D centre focused on genomics, oncology, structural biology, and regenerative medicine. In London, BioNTech intends to establish its UK headquarters, which will be home to a new AI hub led by InstaDeep Ltd, a wholly owned subsidiary of BioNTech SE, and a leading global technology company in the field of AI and machine learning. This hub will enable medical research, using AI, including looking into understanding disease causes, drug target selection and predictive analytics.

    Over time, this work could lead to the discovery and development of new therapies, diagnostics and treatments for a range of diseases that currently cause heartbreak for countless patients and their families – all supporting the mission to rebuild the NHS for the long-term, that sits at the heart of the government’s Plan for Change.

    It also builds on the government’s existing strategic partnership with BioNTech, to provide up to 10,000 patients with investigational personalised cancer immunotherapies by 2030. This is already transforming the experience of patients by broadening access to cancer vaccine trials in the UK.

    The government’s support for BioNTech’s investment is a further example of how we are backing the UK’s thriving life sciences sector to even greater success – following on from the announcement of the Life Sciences Innovative Manufacturing Fund at the Autumn Budget, and strategic collaborations agreed with other innovative life sciences companies. We will say more about our vision for a thriving future for UK life sciences in the forthcoming Life Sciences Sector Plan.

    Steve Bates, CEO of the UK BioIndustry Association, said:

    BioNTech’s investment demonstrates the UK’s position as a top destination for life sciences innovation and underlines why the government is absolutely right to back our sector as a priority for growth.

    BioNTech is not only a pioneer in mRNA science, but also a visionary partner in building a truly unique public-private collaboration with the UK government and NHS – one that sets a benchmark for the world.

    The UK has a once-in-a-lifetime opportunity to leverage its strong position to attract investment from global investors to create well-paid jobs and scale UK companies, if the upcoming Life Sciences Sector Plan can address long-standing structural challenges in the financing and commercial environment.

    Richard Torbett, Chief Executive of the ABPI, said:

    This investment is a testament to the fantastic skills, research capabilities, and scientific infrastructure we have in the UK. It is also a template for how the UK could unlock further life science sector growth by removing the barriers and roadblocks to investment.

    Big investments like this are years in the making and require both sides to have confidence that the other will deliver on their commitments. Trust is slow to build, but this deal shows it is worth the time and the risk.

    Life science companies are already the largest investors in UK R&D – but much of this comes from a handful of companies with deep UK roots. The UK has an opportunity to capture more of the global science pie if we can improve our competitive offering to the sector.

    DSIT media enquiries

    Email press@dsit.gov.uk

    Monday to Friday, 8:30am to 6pm 020 7215 3000

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    Published 20 May 2025

    MIL OSI United Kingdom –

    May 21, 2025
  • MIL-OSI Global: Nonprofit news media leaders are struggling to stop leaning on the foundations that say they should branch out more

    Source: The Conversation – USA – By Katherine Fink, Associate Professor of Media, Communications, and Visual Arts, Pace University

    If the basket falls, at least there are some other eggs on hand that might not break. Iryna Veklich/Moment via Getty Images

    You’ve probably heard the adage about not putting all your eggs in one basket.

    It’s an especially meaningful one for newspapers. For decades, they relied heavily on advertising revenue. That arrangement stopped working about 20 years ago, as audiences moved online and advertisers followed. News media outlets moved online as well, but they found themselves in a losing battle for advertising dollars against new digital competitors such as Craigslist, Facebook and Google. One-third of U.S. newspapers have closed in the past two decades, most of them local.

    As their income from ads and subscriptions has dwindled, some news organizations that used to rely mainly on ad revenue, such as The Salt Lake Tribune and Philadelphia Inquirer, have become nonprofits – opening the door to other sources of revenue. And interest in launching news organizations as nonprofits has been growing. Meanwhile, some for-profit media outlets have begun to obtain some philanthropic support and ask for donations from readers and subscribers.

    I’m a journalism studies researcher and a former journalist myself. To better understand how news leaders were thinking about their future in this ever-evolving landscape, I researched the fundraising approaches of local nonprofit news outlets across the U.S.

    I interviewed 23 local news leaders about their fundraising strategies and their views on the best way to balance their sources of funding in the long term. What I found is that nonprofit news media outlets are finding it necessary to pursue multiple streams of revenue, including from foundations, in the search for sustainable business models. But the ideal revenue mix may look different for each organization.

    Foundations are footing half the bill

    Foundations, especially the Knight Foundation, have become major supporters of nonprofit news media in recent years. According to the Institute for Nonprofit News, foundations provided about half of all revenue for nonprofit news media in 2023. Another 29% came from individual donations. And 17% came from ads and other sources of earned, rather than donated, revenue.

    Money raised through grants from foundations can arrive in larger amounts and be more predictable than advertising revenue. But it often comes with strings attached. For example, in exchange for a grant, a media outlet might be pressured to adjust its editorial priorities or adopt specific technologies.

    The nonprofit news leaders I interviewed also said foundations tend to be more interested in starting new organizations than sustaining media outlets that are already up and running.

    Some foundations are now making that point clearer than ever by telling the nonprofit news organizations they have supported not to depend too much on them anymore. The Knight Foundation and other funders have informed potential applicants they must demonstrate they are pursuing revenue diversity as a condition for getting a grant.

    In other words, nonprofit media shouldn’t put all of their eggs in the foundation basket, either.

    Branching out

    The local news leaders I interviewed said they didn’t necessarily see having a variety of revenue sources as a path to sustainability. And adding new revenue streams comes with costs, such as hiring membership directors or advertising salespeople. Local news leaders said it’s hard to know whether making those investments will pay off.

    Still, under pressure to rely less on foundations and more on other types of revenue, they’ve been branching out in recent years. According to the Institute for Nonprofit News, foundations provided 57% of nonprofit news revenue in 2018; in 2024, that share had declined to 51%.

    But it’s not clear how much more revenue could come from other sources. Donations from readers tend to be provided in small amounts, so news organizations need a lot of them. And individuals donate to news organizations for a variety of reasons, so news organizations need to hire fundraisers who can craft a variety of messages. Getting large numbers of readers to donate is hard, however, because audiences for local news tend to be small.

    Nonprofit news organizations can also accept advertising. However, advertising is a taxable form of revenue, unlike donations. The IRS has also warned organizations that they can lose their tax-exempt status if they accept too much income that is “unrelated” to their nonprofit missions, including advertising.

    Pooling donor funds

    Ultimately, the nonprofit news leaders I interviewed say every type of revenue has its drawbacks. And the more complicated their revenue mix becomes, the more complicated their approach to fundraising has to be.

    Local news organizations already operating on shoestring budgets don’t have the capacity to complicate their fundraising, even though they say they agree with the general principle of revenue diversity.

    The nonprofit news leaders did have encouraging things to say about a newer fundraising trend: pooled donor funds. With pooled donor funds, multiple donors contribute to a single charity that serves as an intermediary that disburses that donated money to a particular kind of nonprofit.

    For the media, examples include the Institute for Nonprofit News’ NewsMatch and Press Forward, a coalition of 20 foundations.

    Pooled donor funds can be considered a form of revenue diversity, since they combine contributions from multiple sources and are used to persuade individual readers to “match” donations from the pooled funds with their own contributions. That can potentially insulate news organizations from major changes as grants from individual foundations come and go.

    Researching the role of ‘earned revenue’

    I plan to publish the results of another study soon. It’s about the role that “earned revenue,” meaning advertising, sponsorships and other entrepreneurial sources of money, is playing in the funding of nonprofit news media.

    The Institute for Nonprofit News has called it “perhaps the most underutilized revenue stream for nonprofit news.”

    But the nonprofit news leaders I interviewed had mixed feelings about earned revenue. In part, that was because of ambiguous guidance about how much of it news organizations may accept without jeopardizing their tax-exempt status.

    Given President Donald Trump’s recent threats against other nonprofits, including universities and hospitals, news organizations may be even more reluctant to test those limits.

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

    – ref. Nonprofit news media leaders are struggling to stop leaning on the foundations that say they should branch out more – https://theconversation.com/nonprofit-news-media-leaders-are-struggling-to-stop-leaning-on-the-foundations-that-say-they-should-branch-out-more-255821

    MIL OSI – Global Reports –

    May 21, 2025
  • MIL-OSI Global: The one-size-fits-all diversity training model is broken – here’s a better alternative

    Source: The Conversation – USA – By Radostina Purvanova, Professor of Management and Organizational Leadership, Drake University

    Diversity training is more effective when it’s personalized, according to my new research in the peer-reviewed journal Applied Psychology.

    As a professor of management, I partnered with Andrew Bryant, who studies social marketing, to develop an algorithm that identifies people’s “personas,” or psychological profiles, as they participate in diversity training in real time. We embedded this algorithm into a training system that dynamically assigned participants to tailored versions of the training based on their personas.

    We found that this personalized approach worked especially well for one particular group: the “skeptics.” When skeptics received training tailored to them, they responded more positively – and expressed a stronger desire to support their organizations’ diversity efforts – than those who received the same training as everyone else.

    In the age of social media, where just about everything is customized and personalized, this sounds like a no-brainer. But with diversity training, where the one-size-fits-all approach still rules, this is radical. In most diversity trainings, all participants hear the same message, regardless of their preexisting beliefs and attitudes toward diversity. Why would we assume that this would work?

    Thankfully, the field is realizing the importance of a learner-centric approach. Researchers have theorized that several diversity trainee personas exist. These include the resistant trainee, who feels defensive; the overzealous trainee, who is hyper-engaged; and the anxious trainee, who is uncomfortable with diversity topics. Our algorithm, based on real-world data, identified two personas with empirical backing: skeptics and believers. This is proof of concept that trainee personas aren’t just theoretical – they’re real, and we can detect them in real time.

    But identifying personas is just the beginning. What comes next is tailoring the message. To learn more about tailoring, we looked to the theory of jujitsu persuasion. In jujitsu, fighters don’t strike. They use their opponent’s energy to win. Similarly, in jujitsu persuasion, you yield to the audience, not challenge it. You use the audience’s beliefs, knowledge and values as leverage to make change.

    In terms of diversity training, this doesn’t mean changing what the message is. It means changing how the message is framed. For example, the skeptics in our study still learned about the devastating harms of workplace bias. But they were more persuaded when the message was framed as a “business case” for diversity, rather than a “moral justice” message. The “business case” message is tailored to skeptics’ practical orientation. If diversity training researchers and practitioners embrace tailoring diversity training to different trainee personas, more creative approaches to tailoring will surely be designed.

    Why it matters

    The Trump administration is leading a backlash against diversity initiatives, and a backlash to that backlash is emerging. This isn’t entirely new: Diversity has long been a contentious issue.

    Organizations like the Pew Research Center, the United Nations and others have consistently reported a conservative-liberal split, as well as a male-female split, around diversity. Diversity training has done little to bridge these gaps.

    For one, diversity training is often ineffective at reducing bias and improving diversity metrics in organizations. Many organizations treat diversity training efforts as a box-checking exercise. Worse, it’s not unusual for such efforts to backfire.

    Our research offers a solution: Identify the trainee personas represented in your audience and customize your training accordingly. This is what social media platforms like Facebook do: They learn about people in real time and then tailor the content they see.

    To illustrate the importance of tailoring diversity training specifically, consider how differently skeptics and believers think. One skeptic in our study – which focused on gender diversity training – said: “The issue isn’t as great as feminists try to force us to believe. Women simply focus on other things in life; men focus on career first.” In contrast, a believer said: “In my own organization, all CEOs and managers are men. Women are not respected or promoted very often, if at all.”

    Clearly, trainees are different. Tailoring the training to different personas, jujitsu style, may be how we change hearts and minds.

    What still isn’t known

    Algorithms are only as good as the data they rely on. Our algorithm identified personas based on information the trainees reported about themselves. More objective data, such as data culled from human resources systems, may identify personas more reliably.

    Algorithms also improve as they learn over time. As artificial intelligence tools become more widely used in HR, persona-identifying algorithms will get smarter and faster. The training itself needs to get smarter. A one-time training session, even a tailored one, stands less of a chance at long-term change compared with periodic nudges. Nudges are bite-sized interventions that are unobtrusively delivered over time. Now, think about tailored nudges. They could be a game changer.

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

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

    – ref. The one-size-fits-all diversity training model is broken – here’s a better alternative – https://theconversation.com/the-one-size-fits-all-diversity-training-model-is-broken-heres-a-better-alternative-250495

    MIL OSI – Global Reports –

    May 21, 2025
  • MIL-OSI Russia: Making the MFF Fit for Purpose

    Source: IMF – News in Russian

    Opening Remarks by Alfred Kammer, IMF European Department Director, for the Annual EU Budget Conference

    May 20, 2025

    Thank you for the opportunity to join this important discussion today on the EU budget.

    Europe stands at a transformative crossroads. The global environment is increasingly complex, and structural changes are reshaping the foundations of European economies. The challenges before us are significant: strengthening productivity and resilience amid demographic aging and rising geopolitical and trade tensions while increasing defense spending in a fiscally sustainable way, and enhancing energy security and accelerating the clean energy transition.

    This is an extraordinary combination of challenges, and it will take an extraordinary effort to meet them. The key is to combine (i) a determined push to complete the single market with (ii) national reforms to allow Europe’s firms to grow to scale. The benefits of doing both promise to be much larger than EU-level and national efforts could achieve on their own. For example, dropping “red tape” that holds back firms at the national level will have a significant larger effect on investment when supported by a much deeper and fully integrated European capital market. And (iii) we will need the EU budget to amplify these efforts by enabling the joint provision of European public goods and incentivizing national reforms. Just think of the importance of energy security for the single market—this is just one example of a European public good where the EU budget has an important role to play.

    The Multiannual Financial Framework, or MFF, has proven its strategic importance time and again. It has supported economic convergence through cohesion policy, and, more recently, the ambitious NextGenerationEU package launched in 2020 helped Europe recover from the pandemic with renewed resilience.

    Yet, once again, the scale and nature of the challenges ahead require a fundamental rethink. To remain fit for purpose, the upcoming MFF must undergo a comprehensive overhaul. Our recommendations focus on three critical areas.

    First, a more ambitious budget with a stronger focus on European public goods is needed.

    Over time, the MFF has evolved to reflect emerging needs, but it has not kept pace with the expanding list of challenges that demand a joint EU-level response. Its current size and structure are insufficient to meet the scale of new investments required.

    The budget must prioritize areas where EU action can deliver the greatest value—by generating positive spillovers, leveraging economies of scale, and also avoiding duplication between member states. These are the hallmarks of European public goods. Investments in energy security, defense capabilities, and research and innovation are clear examples where joint EU action is both necessary and efficient.

    To meet these needs, we must consider a significant increase in expenditures targeted at European public goods, from 0.4 percent of GNI currently to at least 0.9 percent, based on various estimates from the Commission and others. Doing so without reducing allocations to existing programs would imply increasing the MFF budget by at least 50 percent for the 2028–2034 period, from 1.1 percent of GNI to 1.7 percent of GNI.

    In the first instance, more EU spending on public goods would reduce the burden on national budgets for the provision of these public goods. But, importantly, this would not simply shift costs from the national to the EU level. With coordinated EU-level investment, greater efficiency will be achieved and, thus, net savings in the provision of these public goods will be generated. For instance, in the case of investments for the clean energy transition, we estimate that improved coordination at the EU level could reduce aggregate costs by approximately 7 percent. At a time when many countries face tight fiscal constraints, such efficiency gains are critical.

    Second, we must ensure the MFF is more performance-based, streamlined, and adaptable.

    At the core of this effort should be a stronger focus on performance. Linking financial support more systematically to outcomes—an approach implemented through the Recovery and Resilience Facility—can significantly improve the effectiveness of EU spending. The performance-based approach should be expanded across more areas of the EU budget, particularly where targeted financial incentives can catalyze national and regional reforms that complement EU objectives. But as we expand this approach, we must also ensure it remains as simple and transparent as possible—complexity can hinder both implementation and accountability. Programs under cohesion policy and the Common Agricultural Policy are clear candidates. Importantly, though, effective implementation will also require leveraging local and regional expertise to tailor solutions to specific contexts.

    Beyond performance, the design of the MFF must be modernized to reduce complexity and increase strategic focus. Consolidating the more than 50 budgetary programs into a smaller number of thematic clusters, organized around key policy priorities, would help streamline the budget. Moreover, harmonizing requirements across programs would reduce the administrative burden for governments, organizations, and beneficiaries, while improving accessibility and implementation.

    The budget also needs to become more adaptable. The events of the past five years have demonstrated the need for greater flexibility to respond to evolving circumstances. Thus, the MFF should be equipped with a greater margin for reallocation within the budget and stronger flexibility instruments—backed by sufficient resources—to address more frequent and intense shocks. A mid-term review process within the regular budget cycle could continue to help respond to changing realities.

    Third, the financing framework of the budget must be strengthened.

    A more ambitious EU budget will require an enhanced financial capacity. Currently, the MFF is predominantly funded through national contributions based on GNI. To support a step-up in European public goods investment, the financing model should be expanded to include borrowing and more robust own resources.

    Borrowing capacity—particularly during the initial investment scale-up—can enable the EU to achieve shared objectives without delay, while smoothing the fiscal impact for member states over time. Moreover, bond-financing can support the further development of a European safe asset, thereby advancing capital market integration and contributing to macro-financial stability.

    At the same time, the long-term sustainability of the EU budget requires solid and predictable revenue sources. Progress on new own resources is essential—not only to finance existing debt obligations under NextGenerationEU, but also to underpin future borrowing. The Commission’s proposals, including revenue based on the Emissions Trading System, the Carbon Border Adjustment Mechanism, and potentially a harmonized corporate tax base under the “Business in Europe” initiative, represent a meaningful step forward.

    In the longer term, additional revenue sources linked to European public goods—such as user fees on jointly funded infrastructure—may also play a role as the budget evolves toward supporting more EU-wide investments, even if the scope remains limited for now.

    In conclusion, meeting Europe’s complex challenges requires a more impactful EU budget. The next MFF presents a unique opportunity to scale up ambition, deliver on shared priorities, and transform the budget into a true engine for growth, resilience, and European sovereignty.

    This will not be an easy path. Increasing the budget, improving its design, and broadening its financing base will all require political consensus across member states. But the potential rewards are significant: a more united, more competitive, and more secure Europe.

    Thank you.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER:

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

    @IMFSpokesperson

    https://www.imf.org/en/News/Articles/2025/05/20/sp052025-ak-making-the-mff-fit-for-purpose

    MIL OSI

    MIL OSI Russia News –

    May 21, 2025
  • MIL-OSI USA: Refining industry risks from 2025 hurricane season

    Source: US Energy Information Administration

    In-depth analysis

    May 20, 2025


    Colorado State University’s hurricane forecast estimates the 2025 hurricane season will exceed the 1991–2020 average, with an estimate of 17 named storms, compared with a historical average of 14 storms. Meteorologists expect 13–18 named storms, including 3–6 storms with direct impacts on the United States, during this year’s Atlantic hurricane season, according to reports from AccuWeather in April.

    The potential for a stronger hurricane season suggests heightened risk for weather-related production outages in the U.S. oil industry, including potential refinery outages along the U.S. Gulf Coast. Last year, five hurricanes made landfall in the United States, shutting in some upstream crude oil and natural gas production temporarily and disrupting petroleum product supply chains in Florida.

    What is hurricane season?

    The National Oceanic and Atmospheric Administration’s (NOAA) National Hurricane Center defines the Atlantic hurricane season as running from June 1 through November 30. Generally, June is the month when the earliest named storms begin forming in the Atlantic Basin, and the most severe hurricanes usually form in August and early September. In the United States, hurricanes most often hit the Southeast (PADD 1C) and the U.S. Gulf Coast (PADD 3).

    How do hurricanes affect petroleum refining?

    The U.S. Gulf Coast accounts for 55% of total U.S. refining capacity, with the Texas Gulf Coast and Louisiana Gulf Coast refining regions combined accounting for 49% of total U.S. refinery capacity. These facilities risk flooding or power outages associated with major storms or hurricanes. Many refinery operators will evacuate nonessential personnel and temporarily stop production if they believe severe weather might injure employees or damage their facilities.

    Refineries that sustain major damage or flooding may be taken offline for longer periods. In 2021, Phillips 66’s Alliance refinery in Belle Chase, Louisiana, permanently closed and was transitioned into a storage terminal following significant storm damage.

    What determines the scale of a weather-related impact on markets?

    A storm’s location is the main determining factor of its impact on petroleum markets, followed by the storm’s intensity. An intense storm that affects a region without refining capacity is unlikely to significantly affect overall U.S. refined petroleum supplies.

    Hurricanes can affect local logistics, distribution, and consumption in any affected area. In regions facing an impending major hurricane or other emergency, consumer behavior can also lead to regionalized price increases, local supply shortfalls, panic-buying, and spikes in fuel demand for evacuation purposes.

    Hurricanes can also disrupt supply chains for petroleum products. Fuel supplies in Florida are primarily shipped on barges from Gulf Coast refineries, such as those in Texas and Louisiana. Hurricanes and tropical storms can lead to disruptions in these transfers. Retail stations in other regions can also be affected by logistical disruptions or power outages, which occurred in 2012 during Hurricane Sandy.

    How much refinery capacity is at risk from hurricanes?

    The path of a single hurricane or major storm is unlikely to affect more than a single cluster of refineries along the Gulf Coast. However, because of the total volume of refining capacity in each region, more than 1.0 million barrels per day of capacity could be temporarily taken offline in anticipation of a major storm.

    Hurricanes don’t often hinder refining operations in the mid-Atlantic (PADD 1B) region, although what is now the largest refinery on the East Coast—the Bayway refinery in New Jersey operated by Phillips 66—was affected by Hurricane Sandy in 2012. Similar incidents or storms that limit imports into New York Harbor also present a potential risk to U.S. petroleum supplies.

    More information on energy infrastructure and potential storm risks is available in our U.S. Energy Atlas.

    Principal contributor: Kevin Hack

    MIL OSI USA News –

    May 21, 2025
  • MIL-OSI: Plymouth Rock Assurance Announces Fourth Season of Fan-Favorite Series “The Bostonians”

    Source: GlobeNewswire (MIL-OSI)

    Bruins® defenseman Hampus Lindholm returns to star alongside iconic Boston sports mascots Wally, Blades, and Pat Patriot

    BOSTON, May 20, 2025 (GLOBE NEWSWIRE) — For the fourth year in a row, Plymouth Rock Assurance welcomes back “The Bostonians”— a crew of Boston-inspired roommates, including Red Sox Groundskeeper, Patriots Militia Man, and the beloved sister from Lawrence—along with New England sports mascots and Boston Bruins defenseman Hampus Lindholm, the official brand ambassador for Plymouth Rock’s Bruins Insurance Program. The first episode of season 4 has been released and highlights Plymouth Rock’s collaboration with the Red Sox.

    The 2025 installment of the series will continue the tradition of blending Boston sports culture with clever, locally inspired storytelling—delighting fans with familiar faces and lighthearted moments across Red Sox, Patriots, Bruins, and community-centered themes.

    Launched in 2022 with Boston-based creative agency Rival, the advertising campaign features the “Motley Crew” of Boston sports personalities alongside fan favorite mascots, including Blades, Pat Patriot, and Wally, living together in a fictional home. The short commercials will be featured in several TV spots airing on NESN and on Plymouth Rock’s YouTube page. Three other shorts will follow with the last episode airing in tandem with the kickoff of the 2025-2026 NHL season in October.

    “At Plymouth Rock, we take immense pride in supporting the Boston sports community—from the ice, to the field, to the diamond,” said Brad Baker, Managing Director, Marketing at Plymouth Rock Assurance. “Our ‘Bostonians’ series is a tribute to the fans, players, and shared moments that define this city’s unmatched sports culture. Whether you’re a Bruins, Patriots, or Red Sox fan, we’re honored to collaborate with these iconic teams and continue celebrating the people who make Boston sports so special.”

    Check out the latest videos of “The Bostonians” and meet the crew by visiting: https://www.plymouthrock.com/lp/thebostonians

    About Plymouth Rock
    Plymouth Rock was established to offer its customers a higher level of service and a more innovative set of products and features than they would expect from an insurance company. Plymouth Rock’s innovative approach puts customers’ convenience and satisfaction first, giving them the choice to do business the way they want—online, with a mobile app, by phone, or by contacting their Plymouth Rock agent. Customers can chat, text, or email to get answers quickly and easily. Plymouth Rock Assurance® and Plymouth Rock® are brand names and service marks used by separate underwriting, managed insurance, and management companies that offer property and casualty insurance in multiple states. Taken together, the companies write and manage more than $2.3 billion in auto and home insurance premiums across Connecticut, Massachusetts, New Hampshire, New Jersey, New York, and Pennsylvania.

    Each underwriting and managed insurance company is a separate legal entity that is financially responsible only for its own insurance products. You can learn more about us by visiting plymouthrock.com.

    Contact:
    Kevin Long
    Plymouth Rock Assurance
    mediarelations@plymouthrock.com

    The MIL Network –

    May 21, 2025
  • MIL-OSI: Trio enters into Letter of Intent to acquire 2000 acres in P.R. Spring Utah, one of largest tar-sand deposits in North America outside of Canada.

    Source: GlobeNewswire (MIL-OSI)

    California, May 20, 2025 (GLOBE NEWSWIRE) — Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), a California-based oil and gas company, is pleased to announce it has entered into a Letter of Intent to acquire 2000 acres at P.R. Spring, Unita Basin, Utah from Heavy Sweet Oil LLC. (HSO). According to a report provided by Dr. Douglas S. Hamilton, who holds Bachelor’s (HONs) and Ph.D. degrees in Geology from the University of Sydney, Australia, P.R. Spring area contains an estimated 6.75 billion barrels of OOIP within its basin boundary limits. This information was ascertained through detailed mapping of bitumen outcrops by various authors*, analysis of historical core hole and petroleum exploration wells, and examination of laboratory-derived measurements of porosity and oil saturation from 100’s of cores.

    An Optimization Study conducted by Dr Amanda Bustin, President of Bustin Earth Science Consultants, indicated a typical project well has an estimated ultimate recovery (“EUR”) of 300,000 barrels of oil with stable production rate exceeding approximately 40 barrels of oil per day. The 2000-acre parcel will support up to 1000 wells in seven well pods. Once complete Trio believes that the project, fully developed, could provide upwards of 50,000 barrels a day with an approximate 20-year life. With an expected initial total drilling and completion cost of less than $800,000 per well and declining with scale, we believe the economics and size of the opportunity are superlative and transformative for a company like Trio.

    The initial product from these wells will be commercial grade asphalt directly from the site for 90% of the production with an estimated 10% balance being a diesel range product. Both products are low sulfur and are expected to demonstrate a very low carbon footprint. This may enable our project to sell both spec commercial grade asphalt binder, which is expected to sell locally at a premium to WTI, as well as green diesel that is expected to sell at an even higher margin to WTI (per Valkor Oil and Gas LLC project developer and operator).

    Samples of produced oil from Heavy Sweet’s Asphalt Ridge project, which is located next to the P.R. Spring in the Unita Basin, confirm oil composition and above-ground facilities have been designed allowing for the separation of the two products, asphalt and diesel, providing the ability to capture product prices superior to WTI.

    The Operator is Heavy Sweet Oil, LLC, in partnerships with Valkor Oil and Gas LLC, a vertically integrated project development company with expertise in shallow heavy oil and in green and socially beneficial hydrocarbon projects.

    According to J. Wallace Gwynn of Energy News, the P.R. Spring Project is known to be one of the largest tar-sand deposits in North America outside of Canada, making it a potential giant oilfield, and is distinctive given its low wax and negligible sulfur content, which is expected to make the oil very desirable for many industries, including shipping. The project has the potential to be both large and highly profitable.

    As a result of this new opportunity, Trio allowed its option for an additional 77.75% in Asphalt Ridge to expire.

    Terms of Acquisition

    Upon the execution of the LOI by the Parties, Trio paid HSO a non-refundable payment of $150,000 for the option to acquire 2,000 acres of Trio’s choice and develop the P.R. Spring Project.

    Upon Trio entering into a Definitive Agreement with HSO for the P.R. Spring Project, at the closing of the Proposed Transaction (“Closing”) it is expected that Trio shall (i) issue to HSO 1,492,272 restricted shares of Trio’s common stock and (ii) pay to HSO $850,000, in cash, which shall be applied toward the acquisition and development of the P.R. Spring Project.

    It is also expected that Trio will provide 100% of the required capital expenditures for the development of the P.R. Spring Project, and Trio and HSO will each be entitled to 50% of the net profits derived from the P.R. Spring Project.

    Pursuant to the terms and conditions of the Definitive Agreement, it is intended that Trio will construct a minimum of seven production wells in connection with the P.R. Spring Project, during the two-year period after the Closing.

    It is also expected that the Definitive Agreement will contain such other terms and conditions as are customary in an acquisition of this nature including, without limitation, representations and warranties, conditions for Closing and applicable indemnifications.

    Trio’s obligation to enter into the Definitive Agreement shall be subject to delivery of evidence of a minimum sustained production rate of 40 barrels per day for a continuous 30-day period from each of the two wells at the Asphalt Ridge site.

    *Gwynn published a Utah Geological Survey Open-File Report (no. 527) in 2008 that exhaustively compiled tar sand data for the P.R. Spring area from numerous resource-characterization and hydrocarbon reserve investigations. This compilation defines the area of the tar sand deposit at P.R. Spring (figure 4). Geological maps and measured sections of the tar sand deposits are presented in Whittier and Becker (1962) and Byrd (1967), and Gwynn (1971) and Clem (1984) attempted correlation of the bitumen-bearing sandstone units. Properties of the tar sand deposits are published in Johnson and others (1975a, b, c), Dana and Sinks (1984a, b), and Sinks (1985). Analysis of oil extracted from the tar sands is documented in Wood and Ritzma (1972). Reserves and economic potential are discussed in Dahm (1980) and Clem (1984).

    About Trio Petroleum Corp
    Trio Petroleum Corp is an oil and gas exploration and development company in California, Saskatchewan and Utah.

    Cautionary Statement Regarding Forward-Looking Statements
    All statements in this press release of Trio Petroleum Corp (“Trio”) and its representatives and partners that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Acts”). In particular, when used in the preceding discussion, the words “estimates,” “believes,” “hopes,” “expects,” “intends,” “on-track”, “plans,” “anticipates,” or “may,” and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Acts and are subject to the safe harbor created by the Acts. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. While management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties, and other factors, many of which are outside of the Trio’s control, that could cause actual results to materially and adversely differ from such statements. Such risks, uncertainties, and other factors include, but are not necessarily limited to, those set forth in the Risk Factors sections of the Trio reports filed with the Securities and Exchange Commission (SEC). Copies of such documents are available on the SEC’s website, www.sec.gov. Trio undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

    Investor Relations Contact:
    Redwood Empire Financial Communications
    Michael Bayes
    (404) 809 4172
    michael@redwoodefc.com

    The MIL Network –

    May 21, 2025
  • MIL-OSI: Best No Deposit Casino Bonus USA 2025 | Best Crypto Casino No Deposit – SuperSlots

    Source: GlobeNewswire (MIL-OSI)

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    contact person email: ryan@superslots-ag.com

    Disclaimer
    This information is for general and entertainment purposes only—not legal, financial, or gambling advice. Always verify details and follow your local laws. Gambling carries risks; wager responsibly and only what you can afford to lose, and seek help if you feel out of control. Some links may be affiliate links at no extra cost to you, and will may be unavailable or restricted in certain regions.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0389af05-bcb1-4d56-8a7c-36039fe63aaf

    The MIL Network –

    May 21, 2025
  • MIL-OSI: SuperSlots Casino : Best Online Casino Bonus In USA 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) — If you’re searching for a trusted online casino in the US that delivers big bonuses and exciting games, SuperSlots Casino is worth a look. Known for its generous super slots casino no deposit bonus and thrilling super slots casino free spins offers, this platform is perfect for players who enjoy variety and real cash rewards.

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    Is SuperSlots Casino Legit in the US?

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    SuperSlots Casino Bonuses & Promotions

    Bonuses are one of the biggest attractions at SuperSlots Casino, offering players extra value on their deposits and gameplay. From a generous welcome bonus to super slots casino no deposit bonus deals, there’s always something waiting to boost your balance.

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    How to Claim a Bonus at SuperSlots Casino

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    Best Online Casino Games at SuperSlots Casino

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    Live dealer and specialty games

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    How to Place a Bet at SuperSlots Casino in 2025

    Betting at SuperSlots Casino is quick, smooth, and designed for players of all experience levels. Whether you’re after casual fun or serious wins, the platform delivers plenty of options for super slots casino real money play.

    Choosing your game and setting bet amounts

    Start by heading to the game library, where you’ll find hundreds of slots, table games, and even super slots casino free spins opportunities. Pick a game you like, whether it’s a classic slot, roulette, or blackjack, and load it up.

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    Managing your wagers and bankroll

    Once you’ve set your bets, it’s wise to manage your bankroll carefully to keep your gaming session enjoyable and stress-free. Decide upfront how much super slots casino real money you’re willing to risk and stick to it.

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    Pros and Cons of SuperSlots Casino

    SuperSlots Casino has earned a solid reputation in the US for offering generous bonuses and a reliable gaming platform. Like any casino, it comes with its set of strengths and areas to improve, let’s break them down.

    Pros

    One of the standout features of SuperSlots is the generous super slots casino no deposit bonus that new users can claim right after signing up. This allows players to explore the casino’s offerings without making an initial deposit. On top of that, regular promotions feature super slots casino free spins, giving players extra chances to win without additional cost.

    The casino offers a broad range of games, including slots, table games, and super slots casino real money poker variants, catering to all kinds of players. Its platform is also fully optimized for mobile devices, letting you enjoy seamless gaming via the super slots casino app or mobile browser.

    Depositing and withdrawing funds is straightforward and supports US-friendly payment methods, making it convenient for players focused on secure real-money play.

    Cons

    Despite these advantages, there are a few downsides to consider. The wagering requirements tied to the super slots casino no deposit bonus can be quite high, which means you’ll need to play through your bonus several times before cashing out any winnings. This can be frustrating for casual players looking for quick withdrawals.

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    Customer Support at SuperSlots Casino

    Having reliable customer support is crucial when playing at any online casino. SuperSlots Casino understands this and provides multiple ways to help players resolve their issues quickly and efficiently. Whether you have questions about bonuses or need help with your account, support is just a message away.

    How to contact customer service?

    Players can reach SuperSlots Casino’s customer service through live chat and email. The live chat feature is accessible directly on the website and is the fastest way to get assistance. For less urgent matters, you can send an email and expect a detailed response within a reasonable timeframe. This ensures that whether you are curious about the super slots casino no deposit bonus or need help with withdrawing your super slots casino real money winnings, help is available.

    Support availability and response times

    SuperSlots Casino’s customer support is available daily but not 24/7, which means response times may vary depending on the hour. During peak times, live chat agents typically respond within minutes, making it convenient to solve issues swiftly.

    Email replies usually take a few hours to 24 hours. The support team is knowledgeable about promotions like the super slots casino free spins and other bonus offers, ensuring players receive accurate information to enhance their gaming experience.

    Conclusion

    SuperSlots Casino stands out as a top choice for online players in the US, offering a seamless gaming experience with a wide range of games and generous promotions. Whether you’re taking advantage of the super slots casino no deposit bonus or enjoying thrilling spins through the super slots casino free spins, this platform provides plenty of opportunities to win super slots casino real money.

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    Frequently Asked Questions – SuperSlots Casino Review

    1. Is SuperSlots Casino legal in the US?

    SuperSlots Casino operates under a license from Panama and is legally accessible to players in the United States. However, it’s important to note that online gambling laws vary by state. While SuperSlots is available to players in most states, residents of certain states may face restrictions. It’s advisable to check your state’s specific online gambling regulations before playing.

    2. Can I play using US dollars?

    Yes, SuperSlots Casino accepts US dollars (USD) as a currency for deposits and withdrawals. This makes it convenient for US players to engage in real-money gaming without the need for currency conversion. Additionally, the casino supports various payment methods, including credit cards, cryptocurrencies, and e-wallets, to facilitate transactions in USD.

    3. What welcome bonuses are available for new players?

    SuperSlots Casino offers a generous welcome bonus package for new players. Upon your first deposit, you can receive a 250% bonus up to $1,000, plus 100 free spins on selected slots. Subsequent deposits also come with bonuses, providing a total welcome package of up to $6,000 over the first six deposits. These bonuses are subject to wagering requirements and are valid for a limited time.

    4. How can I contact SuperSlots Casino support?

    SuperSlots Casino provides multiple channels to contact their customer support team:

    • Live Chat: Available 24/7 through the casino’s website.
    • Email: You can reach them at help@superslotscs.ag for assistance.

    The support team is responsive and can help with various inquiries, including account issues, bonus information, and payment questions.

    5. Does SuperSlots offer a live casino experience?

    Yes, SuperSlots Casino features a live casino section powered by Visionary iGaming and Fresh Deck Studios. Players can enjoy live dealer games such as blackjack, roulette, baccarat, and the Super6 variant. These games are streamed in real-time, providing an immersive and interactive gaming experience.
    Media Contact:

    Project name: Superslots

    Address – 47 W 13th St, New York, NY 10011, USA
    Company Website: https://superslots-ag.com/
    Email: support@superslots-ag.com
    Phone: (08) 8326 3976
    Contact person name: Ryan
    Contact person email: ryan@superslots-ag.com

    Disclaimer
    This information is for general and entertainment purposes only—not legal, financial, or gambling advice. Always verify details and follow your local laws. Gambling carries risks; wager responsibly and only what you can afford to lose, and seek help if you feel out of control. Some links may be affiliate links at no extra cost to you, and wild may be unavailable or restricted in certain regions.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c26e48bc-821f-438f-aa39-5fbf0515b6a7

    The MIL Network –

    May 21, 2025
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