NewzIntel.com

    • Checkout Page
    • Contact Us
    • Default Redirect Page
    • Frontpage
    • Home-2
    • Home-3
    • Lost Password
    • Member Login
    • Member LogOut
    • Member TOS Page
    • My Account
    • NewzIntel Alert Control-Panel
    • NewzIntel Latest Reports
    • Post Views Counter
    • Privacy Policy
    • Public Individual Page
    • Register
    • Subscription Plan
    • Thank You Page

Category: Business

  • MIL-OSI United Kingdom: New ‘engine for growth’ package announced as Defence Secretary closes London Stock Exchange

    Source: United Kingdom – Executive Government & Departments

    Press release

    New ‘engine for growth’ package announced as Defence Secretary closes London Stock Exchange

    Industry, innovators and investors will benefit from a new partnership with UK Defence, making it easier and more attractive to do business than ever before.

    • New partnership with business launched in the heart of City of London to unlock innovation, create skilled jobs and boost investment, as part of the Government’s Plan for Change.
    • John Healey MP becomes first Defence Secretary to close the day’s market at London Stock Exchange, announcing new Defence ‘Tech Scaler’ initiative to drive innovations from idea to frontline.
    • New report shows small and medium enterprises funded by the Ministry of Defence have attracted nearly £600 million private equity investment, supporting over 1,000 new jobs across the UK.  

    Launching this new partnership with a package of measures including a new ‘Tech Scaler’ pilot, John Healey MP will today become the first Defence Secretary to close the day’s market at the London Stock Exchange, underlining the government’s backing for the defence industry as an engine for national renewal and economic growth.

    Speaking to business leaders, military personnel and private financiers, he called for an end to prejudice against defence investment and outlined how defence is driving economic growth, boosting British jobs and national security, underpinning the Government’s Plan for Change.

    Defence Secretary John Healey MP said:

    The war in Ukraine confronts us with the truth that a military is only as strong as the industry which stands behind it.

    I’m here today – at this most crucial time – to help forge a new partnership between industry, innovators and investors.

    UK Defence is open for business and together we can make Britain secure at home and strong abroad.

    National security is at the heart of our Plan for Change, and is essential for economic security, investor confidence and social stability.

    The Defence Secretary set out a package of measures to foster easier access to the defence market, including:

    • Defence Tech Scaler: A new Ministry of Defence Marketplace to drive innovations from idea to front line, with Enterprise Agreements for software, data and AI suppliers, to make it easier for innovative businesses, of all sizes, to do business with defence. As part of this, the Ministry of Defence has signed four Enterprise Agreements with firms including Adarga, Haedean, Oxford Dynamics and WhiteSpace – to a total value of up to £50 million.

    • Procurement Reform: A new segmented approach and radically faster targets for procurement in three areas: 1) major equipment – planes, tanks, ships – will go from an average of six to two years to get on contract; 2) upgrades to communications and weapons systems will go from an average of three to one year to get on contract, and 3) purchases of off-the-shelf kit – such as drones and software – will run in three-month cycles. For Armed Forces, this will mean they will get what they need when they need it, and for investors, it will mean a timelier return on investment.

    • Defence Innovation: A new innovation organisation, UK Defence Innovation, will help deliver cutting-edge technology to the Armed Forces and will be up and running by July this year, with a ring-fenced budget of £400 million this financial year.

    • Defence Industrial Joint Council, led by the Defence Secretary, will host its first meeting next month, and help co-ordinate public-private investment strategies – boosting investment into UK defence and delivering new jobs across Britain.

    These measures come as a new report shows the value of the defence industry to the wider UK economy. The report, published today, found that funding from the MoD’s Defence and Security Accelerator (DASA) to 461 small and medium enterprises (SMEs) resulted in nearly £600m in private investment and created 1,842 new jobs across the UK. £174 million was raised in 2024 alone, demonstrating defence as an engine for UK economic growth and delivering on the government’s Plan for Change. DASA continues to fund and support SMEs developing defence technology innovations, particularly dual-use technologies serving both civilian and military needs.

    Daniel Maguire, Group Head, London Stock Exchange Group said: 

    The defence industry plays a vital role in the wider UK economy, supporting jobs and creating long-term value alongside ensuring our national security. We welcome the Government’s new measures and hope that LSEG can support in initiatives designed to help unlock capital for companies, boost growth, and promote innovation.

    Last month, the Government welcomed the launch of a new UK Defence and Economic Growth Task Force – led by the Confederation of British Industry (CBI) CEO and consulting firm Oliver Wyman, and jointly chaired by the Chancellor and Secretary of State for Defence. The Task Force will meet for the first time this month to unlock the potential of the UK’s defence sector to drive long-term national growth, innovation, and economic resilience.

    Share this page

    The following links open in a new tab

    • Share on Facebook (opens in new tab)
    • Share on Twitter (opens in new tab)

    Updates to this page

    Published 13 May 2025

    MIL OSI United Kingdom –

    May 14, 2025

  • MIL-OSI China: Xi unveils roadmap for deepening cooperation with LAC countries 2025-05-13 22:12:54 Chinese President Xi Jinping on Tuesday announced the launch of five programs to advance shared development and revitalization with Latin American and Caribbean (LAC) countries.

    Source: People’s Republic of China – Ministry of National Defense

    Chinese President Xi Jinping attends the opening ceremony of the fourth ministerial meeting of the China-CELAC (the Community of Latin American and Caribbean States) Forum and delivers a keynote speech at the China National Convention Center in Beijing, capital of China, May 13, 2025. (Xinhua/Yin Bogu)

    BEIJING, May 13 (Xinhua) — Chinese President Xi Jinping on Tuesday announced the launch of five programs to advance shared development and revitalization with Latin American and Caribbean (LAC) countries.

    The five programs, ranging from solidarity, development and civilization to peace and people-to-people connectivity, were announced by Xi when delivering a keynote speech at the opening ceremony of the fourth ministerial meeting of the China-CELAC (the Community of Latin American and Caribbean States) Forum in Beijing.

    In 2015, Xi and LAC delegates attended the opening ceremony of the first ministerial meeting of the China-CELAC Forum in Beijing, which marked the launch of the forum.

    On Solidarity Program, Xi said China is willing to strengthen solidarity with LAC countries and continue to support each other on issues concerning their core interests and major concerns, to firmly safeguard the international system with the U.N. at its core and the international order underpinned by international law, and to speak with one voice in international and regional affairs.

    In the next three years, China will invite 300 members from political parties of CELAC member states every year to visit China to facilitate exchanges on national governance best practices, Xi said.

    On Development Program, China is willing to work with LAC countries to implement the Global Development Initiative, resolutely uphold the multilateral trading system, ensure stable, unimpeded global industrial and supply chains, and promote an international environment of openness and cooperation, Xi said.

    Noting that the two sides should foster greater synergy between their development strategies and expand high-quality Belt and Road cooperation, Xi said China will import more quality products from LAC countries and encourage Chinese enterprises to expand their investment in the region.

    On Civilization Program, Xi called for joint implementation of the Global Civilization Initiative. He said both sides should uphold the vision of equality, mutual learning, dialogue, and inclusiveness between civilizations, champion humanity’s common values of peace, development, fairness, justice, democracy and freedom, and enhance China-LAC civilizational exchanges and mutual learning, including through a conference on China-LAC inter-civilizational dialogue.

    On Peace Program, Xi called for joint implementation of the Global Security Initiative. He said both sides should cooperate more closely in disaster governance, cybersecurity, counterterrorism, anti-corruption, narcotics control and combating transnational organized crime so as to safeguard security and stability in the region.

    On People-to-People Connectivity Program, Xi said in the next three years, China will provide CELAC member states with 3,500 government scholarships, 10,000 training opportunities in China, 500 International Chinese Language Teachers Scholarships, 300 training opportunities for poverty reduction professionals, and 1,000 funded placements through the Chinese Bridge program, initiate 300 “small and beautiful” livelihood projects, and support CELAC member states in developing Chinese language education.

    China has decided to offer a visa-free policy to five LAC countries, and will expand the policy to cover more regional countries in due course, Xi said.

    Gustavo Petro, president of Colombia, the CELAC rotating chair, Brazilian President Luiz Inacio Lula da Silva, Chilean President Gabriel Boric, and Dilma Rousseff, president of the New Development Bank and former Brazilian president, addressed the event respectively.

    Special representative of Yamandu Orsi, president of Uruguay, the incoming CELAC rotating chair, read out the president’s congratulatory letter.

    Faced with a world full of uncertainties, LAC countries and China should work together to promote continuous new progress in building a community with a shared future, they said.

    Both sides should respect each other and firmly support each other in safeguarding sovereignty and choosing their own development path, they said, calling for strengthening the synergy between the development strategies of LAC countries and the Belt and Road Initiative, and promoting cooperation in trade, investment, infrastructure, agriculture, science and technology, new energy and education.

    The two sides should also promote exchanges and dialogues among civilizations, safeguard the authority of the U.N., support multilateralism and free trade, and oppose unilateralism, protectionism, power politics and bullying to safeguard the common interests of the Global South, they added.

    Chinese President Xi Jinping attends the opening ceremony of the fourth ministerial meeting of the China-CELAC (the Community of Latin American and Caribbean States) Forum and delivers a keynote speech at the China National Convention Center in Beijing, capital of China, May 13, 2025. (Xinhua/Yin Bogu)

    Chinese President Xi Jinping poses for a group photo with guests attending the opening ceremony of the fourth ministerial meeting of the China-CELAC (the Community of Latin American and Caribbean States) Forum at the China National Convention Center in Beijing, capital of China, May 13, 2025. Xi attended the opening ceremony of the meeting and delivered a keynote speech. (Xinhua/Ding Haitao)

    Chinese President Xi Jinping attends the opening ceremony of the fourth ministerial meeting of the China-CELAC (the Community of Latin American and Caribbean States) Forum and delivers a keynote speech at the China National Convention Center in Beijing, capital of China, May 13, 2025. (Xinhua/Xie Huanchi)

    Chinese President Xi Jinping and guests attend the opening ceremony of the fourth ministerial meeting of the China-CELAC (the Community of Latin American and Caribbean States) Forum at the China National Convention Center in Beijing, capital of China, May 13, 2025. Xi delivered a keynote speech at the opening ceremony of the meeting. (Xinhua/Ding Haitao)

    Chinese President Xi Jinping and guests attend the opening ceremony of the fourth ministerial meeting of the China-CELAC (the Community of Latin American and Caribbean States) Forum at the China National Convention Center in Beijing, capital of China, May 13, 2025. Xi delivered a keynote speech at the opening ceremony of the meeting. (Xinhua/Shen Hong)

    Colombian President Gustavo Petro, also rotating president of the Community of Latin American and Caribbean States (CELAC), delivers a speech at the opening ceremony of the fourth ministerial meeting of the China-CELAC Forum in Beijing, capital of China, May 13, 2025. (Xinhua/Shen Hong)

    Brazilian President Luiz Inacio Lula da Silva delivers a speech at the opening ceremony of the fourth ministerial meeting of the China-CELAC (the Community of Latin American and Caribbean States) Forum in Beijing, capital of China, May 13, 2025. (Xinhua/Yin Bogu)

    Chilean President Gabriel Boric delivers a speech at the opening ceremony of the fourth ministerial meeting of the China-CELAC (the Community of Latin American and Caribbean States) Forum in Beijing, capital of China, May 13, 2025. (Xinhua/Yin Bogu)

    Dilma Rousseff, president of the New Development Bank and former Brazilian president, delivers a speech at the opening ceremony of the fourth ministerial meeting of the China-CELAC (the Community of Latin American and Caribbean States) Forum in Beijing, capital of China, May 13, 2025. (Xinhua/Yin Bogu)

    MIL OSI China News –

    May 14, 2025

  • MIL-OSI: Best AI Voiceover Tool (2025): Voices, by Epidemic Sound, Named Top AI Voiceover Tool by Software Experts

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK CITY, May 13, 2025 (GLOBE NEWSWIRE) — Voices, by Epidemic Sound, has been named the top AI-powered voiceover tool for 2025 by Software Experts, following a detailed evaluation of AI voiceover tools and their applications in digital media production. The designation highlights the growing relevance of high-quality, automated voice solutions amid increasing global demand for scalable content creation.

    Best AI Voiceover Tool:

    • Voices, by Epidemic Sound – takes AI-generated audio beyond robotic tones and into the realm of expressive, real voices crafted by professional voice artists.

    The recognition comes at a time when businesses, educators, marketers, and content producers are seeking reliable and professional voiceover tools that can match the cadence and emotional depth of human narration. Voices, by Epidemic Sound has gained traction for addressing that need through a balance of voice quality, usability, and licensing clarity.

    The full review, published on SoftwareExperts.org, analyzes the platform’s architecture, pricing models, and voice library capabilities in relation to modern creative workflows and production needs. Based on these findings, the site recognized Voices, by Epidemic Sound, as a leader in text-to-speech solutions for audio production in 2025.

    Acknowledging the Rise of AI Voiceover Technology

    The adoption of AI voiceover technology is expanding across industries such as digital education, podcasting, online advertising, social media, and product marketing. Businesses are increasingly investing in automated voice tools to scale voiceover production.

    In this evolving environment, the need for AI voiceovers that sound natural, are easy to deploy, and come with reliable licensing terms has become critical. Software Experts notes that Epidemic Sound’s voiceover tool has met this demand through its streamlined interface and extensive voice options, aligning with broader shifts toward automation and remote-first content production.

    The tool’s growing user base includes digital creators, communication teams, instructional designers, and advertising agencies who prioritize speed, consistency, and authentic human voices in their projects.

    Overview of Voices, by Epidemic Sound

    Epidemic Sound, a Swedish company globally known for its expansive catalog of authentic, world-class music and sound effects, expanded its offering in 2025 to include human voiceovers enhanced by AI. The company’s sound expertise, built over more than a decade, provides a foundation of human voices with the tonal quality and emotional range expected in professional narration, enabling instant voiceovers enhanced by AI.

    Voices enables creators to transform written scripts into speech using a web-based tool or directly in video editing software through plugins for Adobe and DaVinci Resolve Studio. The tool’s functionality supports instant creation of voiceovers in multiple languages, speed adjustment, and real-time previews.

    Software Experts emphasized that, unlike general-purpose voice generator tools built solely on synthetic models, Voices, by Epidemic Sound is built upon the foundation of real human performances by professional voice artists, transformed into AI-powered replicas. The result is natural-sounding voiceovers suited for a wide range of commercial and creative applications. At the same time, the collaboration provides new opportunities for voice artists through a fair and equitable partnership, transparency, and choice, as well as discovery and security.

    Key Use Cases and Industry Applications

    According to the Software Experts’ evaluation, Voices, by Epidemic Sound aligns well with current industry requirements for high-quality narration. The AI voiceover tool supports a variety of use cases, including:

    • Video tutorials and explainers
    • Social media marketing content
    • Brand promotional materials
    • E-learning courses and modules
    • Corporate communications
    • Podcasts and video intros

    Each voice was recorded with careful attention to nuance, intonation, and expression — the elements that make human speech truly compelling. This ensures that any voiceovers created with Epidemic Sound’s tool retain the natural tone and emotional depth of a human performance, making it the perfect vocal match for a variety of content types — from storytelling and instructional videos to persuasive marketing materials.

    Voices also enables consistency across serialized projects, supporting uniform audio branding without fluctuations in quality or delivery. This is particularly beneficial for organizations managing multiple campaigns or regional adaptations that require reliable voice replication over time.

    Technology and Workflow Features

    Software Experts highlighted the usability and technical features of Voices as core strengths. The voiceover tool is web-based, and for an even more streamlined workflow, it is also available directly within video editing software through Epidemic Sound’s plugins for Adobe and DaVinci Resolve Studio. Users can input scripts, select a voice, and customize the output, all within minutes.

    By working with voiceovers directly within video editors, users can seamlessly fine-tune them alongside their video and music in real time, streamlining the production process and reducing the need for additional post-production editing.

    Voiceover files are downloadable in high-quality audio formats, and licensing is automatically aligned with Epidemic Sound’s content usage guidelines. This simplifies the compliance process for professional users who need to deploy content across multiple channels, including commercial broadcast, corporate training portals, and subscription-based platforms.

    Subscription Tiers and Licensing Structure

    Voices, by Epidemic Sound is available through two subscription models, providing scalable access depending on content production volume and usage rights.

    • Pro Plan: Intended for freelancers, agencies, and businesses using voiceovers in monetized or client-facing content. Offers expanded usage rights and premium voice options.
    • Enterprise Plan: Developed for large-scale production teams and media organizations. Includes advanced features such as API access, team collaboration tools, and enhanced licensing flexibility.

    This tiered structure supports both individual users and larger operations, making it possible for content teams to integrate Voices, by Epidemic Sound into existing production workflows without significant friction.

    Addressing Trends in Content Automation

    Software Experts’ report places the emergence of tools like Voices within a larger context of AI adoption in digital content creation. As video and audio production become more decentralized, cloud-based tools that simplify narration and reduce dependency on traditional studio setups are becoming integral to creative operations.

    With a growing emphasis on rapid content deployment and global reach, businesses are turning to voice automation not only for speed but also for consistency in tone and messaging. Voices, by Epidemic Sound, addresses both of these trends, offering a tool that balances the quality of human voiceovers with the accessibility of AI.

    Market Outlook and Platform Developments

    Epidemic Sound continues to invest in expanding its catalog with new voices, styles, and soundtracking tools, with plans for additional language support, emotion-driven voice modulation, and even more streamlined workflows.

    As AI-generated media becomes more prevalent, platforms that emphasize creative control, licensing transparency, and production efficiency are expected to lead market growth. Voices, by Epidemic Sound, by leveraging its existing position in the audio licensing space, is strategically positioned to contribute to this evolution.

    The tool’s consistent updates, responsive user interface, and strong licensing framework are contributing to wider adoption across industry verticals, particularly in education, branded content, and media publishing.

    Recognition by Software Experts

    Software Experts’ review concluded that Voices, by Epidemic Sound addresses the main pain points found in other AI voice tools, particularly in the areas of usability, consistency, and creative flexibility, while staying true to authentic human performances. The recognition of the platform as the top AI voiceover tool in 2025 underscores its relevance to professionals seeking scalable solutions in the fast-changing digital media environment.

    The evaluation criteria included clarity of voice, editing functionality, licensing terms, and user experience. Voices, by Epidemic Sound, scored highly across all categories.

    For readers interested in a detailed breakdown of the platform’s features, pricing, and supported use cases, the full review is available at the Software Experts website.

    About Software Experts: Software Experts provides news and reviews of consumer products and services. As an affiliate, Software Experts may earn commissions from sales generated using links provided.

    The MIL Network –

    May 14, 2025

  • MIL-OSI: Blockchain-based HUMO token backed by government bonds to be piloted in Uzbekistan

    Source: GlobeNewswire (MIL-OSI)

    TASHKENT, Uzbekistan, May 13, 2025 (GLOBE NEWSWIRE) — Uzbekistan is set to pilot a new asset-backed token, HUMO, tied to government bonds. The project aims to create innovative methods of attracting foreign investment, increase transparency of financial transactions, and establish an even more attractive investment environment.

    The HUMO token will be backed by government bonds. This structure is intended to provide price stability while minimizing speculative volatility – often a key concern for tokenized instruments.

    It should be noted that the project fully complies with the legislative requirements of the Republic of Uzbekistan regarding the circulation of crypto assets.

    Institutional anchors and technical foundations

    The project is being developed with support from several domestic and international partners. HUMO, the payment system serving over 35 million cardholders and widely integrated into the country’s banking and retail sectors, will serve as the foundation of the project. HUMO’s vast integration with banks and merchants naturally sets the token for mass adoption.

    Technical development is spreadheaded by Asterium, a local crypto service provider, and Broxus, blockchain infrastructure vendor. The project is planned to be launched based on two technologies – EVM and TVM. The technological foundation chosen for TVM is Tycho, a protocol that will ensure support for high loads, scalability, and cost-effective transactions. Tycho is built to support high throughput and low transaction costs, which is critical for potential government-scale use cases.

    Token benefits: Transparency, cost reduction, and integration

    The HUMO token aims to facilitate instant payments, reduce transaction fees, and improve transparency by recording operations on a public blockchain. According to project headliners, it may also help limit informal financial flows and improve the efficiency of cashless payments.

    Alexey Maksimov, Chairman of HUMO, noted that the launch of the HUMO-backed token is an important step towards building an innovative and modern financial system in Uzbekistan: “The creation of this token, fully backed by real assets, will help increase public trust, simplify transactions, and accelerate the development of the country’s digital economy. One of our key objectives is to enhance transparency and reduce the risk of fraud, which is especially important in the current environment.“

    Komilkhuzha Sultonov, Director of Asterium, described the initiative as a step towards integrating blockchain into everyday financial processes: “The HUMO token project lays the groundwork for a new financial system. We are creating a solid infrastructure that integrates modern technology into daily financial transactions, making interactions with crypto assets as simple and routine as it would be with traditional assets.”

    Broxus founder Sergey Shashev emphasized the importance of scalable and secure infrastructure: “We’re delighted to see Broxus technologies contributing to a project of such significance for the government.
    Our mission is to deliver solutions that make digital transactions safe, accessible and transparent, and the Tycho blockchain can achieve that while maintaining high transaction speeds, low fees and reliability required by projects at this level.”

    Looking ahead

    With linkage to real-world assets, the HUMO token may serve as a ground for broader blockchain integration into Uzbekistan’s financial system. In the future, the blockchain platform created within this project could serve as a basis for the development of new digital services in Uzbekistan.

    About HUMO

    National Interbank Processing Center of Uzbekistan (national payment system HUMO) is one of the leading financial infrastructures of Uzbekistan. Its main goal is to become a key financial hub not only in Central Asia but also beyond its borders.

    Since its inception, HUMO has demonstrated steady growth, actively expanding its payment services ecosystem and strengthening partnerships both domestically and internationally.

    Contact:
    Aleksey Maksimov
    Chairman of the Board of the National Interbank Processing Center (NMPC)
    info@humocard.uz

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6bae3662-1d63-4133-bced-52c87d1a4de8

    The MIL Network –

    May 14, 2025

  • MIL-OSI: Arctic Wolf Promotes Key Technology Leaders to Drive Innovation Across Aurora Platform and AI-Powered SOC

    Source: GlobeNewswire (MIL-OSI)

    EDEN PRAIRIE, Minn., May 13, 2025 (GLOBE NEWSWIRE) — Arctic Wolf®, a global leader in security operations, today announced the promotion of two senior leaders to key executive roles to drive the continued expansion and innovation of the Arctic Wolf® Aurora Platform and enhance the company’s AI-powered Security Operations Center (SOC).

    Chris Kraft has been promoted to Chief Product Officer, where he will lead the strategic direction of Arctic Wolf’s product portfolio and roadmap. In this role, Kraft will oversee teams focused on expanding the Aurora Platform with new modules and capabilities that enhance detection, streamline response, and reduce operational complexity for customers. A veteran cybersecurity product executive with more than 25 years of experience, Kraft joined Arctic Wolf from senior product leadership roles at Sophos, VeriSign, and Signio.

    “Stepping into the role of Chief Product Officer is an exciting opportunity to help drive the future of the Aurora Platform,” said Chris Kraft, chief product officer at Arctic Wolf. “We’re harnessing the power of AI to redefine security operations—making them smarter, faster, and more scalable. Our mission is to lead the industry with a unified, open platform that empowers every organization to stay ahead of evolving threats with unprecedented precision and efficiency.”

    Jeff Green has been appointed Chief Development Officer and will lead Arctic Wolf’s global Research and Engineering organizations. He is responsible for advancing the performance and scalability of the Aurora Platform and the company’s AI-powered Security Operations Center (SOC). With over 30 years of experience, Green has held senior roles at Sophos, Pulse Secure, Juniper Networks, and McAfee, holds over 20 patents, and helped pioneer early cloud-based endpoint security systems.

    “I’m excited to take on this role and continue building the backbone of our platform and SOC,” said Jeff Green, chief development officer, Arctic Wolf. “As threats grow more sophisticated, we’re focused on delivering smart, resilient infrastructure that helps customers stay ahead, respond with confidence, and ultimately makes security work.”

    “Chris and Jeff have been instrumental in driving Arctic Wolf’s growth and establishing the Aurora Platform as the leading security operations platform in the market,” said Dan Schiappa, president of Technology and Services at Arctic Wolf. “Chris has shaped the strategic product vision that sets us apart in the market, while Jeff has architected the scalable, resilient infrastructure that underpins our innovation. Their promotions recognize not only their exceptional contributions, but also our conviction in their leadership as we continue to expand our platform’s capabilities and deliver the industry’s most differentiated and effective security operations platform.”

    In parallel with the promotions of Kraft and Green, Arctic Wolf has also promoted Lisa Tetrault to the role of Senior Vice President, Security Services, where she will lead one of the world’s largest commercial SOCs. In this role, Tetrault will oversee Arctic Wolf’s global SOC operations and incident response teams, ensuring customers receive 24×7 protection, expert guidance, and outcome-driven security through the Aurora Platform and the company’s Concierge Delivery Model.

    These three leadership promotions come on the heels of a series of major product and service enhancements, including the launch of Cipher, Arctic Wolf’s new AI Security Assistant, the expansion of the company’s Security Operations Warranty, and continued momentum for Aurora Endpoint Security. The teams led by Kraft, Green, and Tetrault were central to bringing these innovations to market, and their elevation reflects Arctic Wolf’s ongoing commitment to delivering innovative solutions that advance the future of security operations.

    About Arctic Wolf
    Arctic Wolf® is a global leader in security operations, delivering the first cloud-native security operations platform to end cyber risk. Built on open XDR architecture, the Arctic Wolf Aurora Platform operates at a massive scale and combines the power of artificial intelligence with world-class security experts to provide 24×7 monitoring, detection, response, and risk management. We make security work!

    To learn more about Arctic Wolf, visit www.arcticwolf.com.

    Press Contact:
    Lauren Back
    PR@arcticwolf.com

    © 2025 Arctic Wolf Networks, Inc., All Rights Reserved. Arctic Wolf, Aurora, Alpha AI, Arctic Wolf Security Operations Cloud, Arctic Wolf Managed Detection and Response, Arctic Wolf Managed Risk, Arctic Wolf Managed Security Awareness, Arctic Wolf Incident Response, and Arctic Wolf Concierge Security Team are either trademarks or registered trademarks of Arctic Wolf Networks, Inc.

    The MIL Network –

    May 14, 2025

  • MIL-OSI: BTCC Exchange Announces Proof of Reserves in April 2025, Demonstrating Powerful 161% Asset Backing for Security

    Source: GlobeNewswire (MIL-OSI)

    VILNIUS, Lithuania, May 13, 2025 (GLOBE NEWSWIRE) — BTCC, the world’s longest-serving cryptocurrency exchange, has recently released its Proof of Reserves (PoR) report for April 2025, demonstrating a robust 161% total reserve ratio. This step marks a significant advancement in BTCC’s commitment to transparency and security of user funds.

    The PoR report dated April 15, 2025 reveals that BTCC maintains reserves well above the 100% threshold across all major cryptocurrencies:

    • Bitcoin (BTC): 165%
    • Ethereum (ETH): 160%
    • Ripple (XRP): 135%
    • Tether (USDT): 162%
    • USD Coin (USDC): 142%
    • Cardano (ADA): 166%

    “The release of our Proof of Reserves report is a natural extension of BTCC’s foundational principles to being transparent,” said Alex, Head of Operations at BTCC Exchange. “We’re committed to increasing transparency around user assets and reinforcing our vision of making cryptocurrency trading reliable and accessible to everyone.”

    A reserve ratio exceeding 100% means users’ assets are not only fully backed 1:1, but over-collateralized—the exchange holds more assets in custody than all users collectively own.

    Proof of Reserves is an audit procedure that verifies the assets held by exchanges to ensure a minimum 1:1 backing of all user funds. BTCC employs the widely recognized Merkle Tree cryptographic tool for its proof of reserves, and users can verify that their assets are securely backed in the exchange’s reserves with the latest Merkle root hash available on the BTCC website.

    This release highlights BTCC’s unwavering commitment to industry transparency and accountability. The exchange will publish PoR report monthly to provide users with continuous verification of their asset security. This regular reporting establishes a new standard of openness for the exchange and demonstrates BTCC’s dedication to building lasting trust with its user community.

    BTCC has maintained an impeccable security record since its founding in 2011, operating for 14 years without a single security breach. As the exchange prepares to celebrate its 14th anniversary this year, this PoR release further solidifies its reputation as a trusted platform in secure cryptocurrency trading.

    About BTCC

    Founded in 2011, BTCC is one of the world’s longest-serving cryptocurrency exchanges, offering secure and user-friendly trading services to millions of users globally. With a commitment to security, innovation, and community building, BTCC continues to be a trusted platform in the evolving cryptocurrency landscape.

    Website: https://www.btcc.com/en-US

    X: https://x.com/BTCCexchange

    Contact: press@btcc.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2f857007-fb8e-421c-9555-d8be27a53009

    The MIL Network –

    May 14, 2025

  • MIL-OSI: HYCU R-Cloud for iManage Cloud Now Available via Early Access Program

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, May 13, 2025 (GLOBE NEWSWIRE) — iManage, the company dedicated to Making Knowledge Work™, today announced the early access availability of HYCU® R-Cloud™ for iManage Cloud —an enterprise-grade backup and recovery solution purpose-built for iManage Cloud customers and powered by HYCU, the award-winning and #1 SaaS data protection platform in the industry.

    Today’s announcement builds on the strategic partnership formed in 2024, which underscored a shared commitment to ensuring the iManage Cloud remains the safest and most trusted place to work with knowledge.

    The iManage Cloud platform is a highly resilient, cloud-native solution trusted by knowledge-centric organizations around the world. With industry-leading security, built-in redundancy, and rigorous operational safeguards, iManage Cloud is engineered to protect customer data and ensure business continuity.

    HYCU R-Cloud for iManage Cloud offers an additional layer of data control and customization for organizations with specific compliance, governance, or operational needs. The solution allows customers to maintain secure, off-site backups of their iManage Cloud data in customer-owned and managed storage — supporting internal policies and regional requirements for data handling and disaster recovery.

    “iManage Cloud already delivers enterprise-grade resiliency and security by design,” said Neil Araujo, CEO, iManage. “HYCU builds on that foundation to give customers who need more tailored control over their backup architecture the ability to meet specific governance or compliance goals — all without compromising the seamless protection our platform already provides.”

    Available on the HYCU Marketplace, HYCU R-Cloud for iManage Cloud allows administrators to automate backup policies, customize retention schedules, and recover data down to the file level, including metadata and security settings. Customers can integrate HYCU into a broader, multi-SaaS backup strategy, all managed from a single, no-code interface.

    “We’re thrilled to partner with iManage to fill a critical data protection gap in the legal community,” said Simon Taylor, CEO of HYCU. “HYCU R-Cloud for iManage Cloud provides users with a powerful way to recover mission-critical data, whether lost through simple human error or malicious activity, quickly and securely. Collaborating with iManage, we are giving legal firms and departments peace of mind with a dedicated, proprietary backup of their iManage data.”

    Key benefits of HYCU for iManage Cloud include:

    • Customer-controlled storage for off-site backups
    • Policy-driven automation with “set and forget” flexibility for backup scheduling
    • Granular recovery of libraries, folders, documents, metadata, and permissions
    • Ransomware-proof backups with WORM-enabled immutable copies

    Early access customers are already seeing the benefits of HYCU for iManage Cloud in action.

    “HYCU R-Cloud for iManage Cloud gives us the assurance of having a copy of our documents under our own control, providing peace of mind that we can restore anything from a single file to an entire library if needed,” said Ian Miller, Chief Information Officer, Weil, Gotshal & Manges LLP. “It gives us the control we need without adding additional complexity.”

    HYCU R-Cloud for iManage Cloud is now available to a limited number of customers through the Early Access Program. Interested organizations should contact their iManage representative to learn more or apply for participation in the Early Access Program.

    About iManage

    iManage is dedicated to Making Knowledge Work™. Our cloud-native platform is at the center of the knowledge economy, enabling every organization to work more productively, collaboratively, and securely. Built on more than 20 years of industry experience, iManage helps leading organizations manage documents and emails more efficiently, protect vital information assets, and leverage knowledge to drive better business outcomes. As your strategic business partner, we employ our award-winning AI-enabled technology, an extensive partner ecosystem, and a customer-centric approach to provide support and guidance you can trust to make knowledge work for you. iManage is relied on by more than one million professionals at 4,000 organizations around the world. Visit www.imanage.com to learn more.

    Follow iManage via:
    LinkedIn: https://www.linkedin.com/company/imanage
    X: https://x.com/imanageinc
    YouTube: https://www.youtube.com/imanage

    Press contact:
    Alicia Saragosa, iManage
    press@imanage.com

    The MIL Network –

    May 14, 2025

  • MIL-OSI: Bitcoin Breaks Out Again — BexBack Empowers Traders to Ride the Momentum with 100x Leverage, No KYC, and Double Deposit Bonuses

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 13, 2025 (GLOBE NEWSWIRE) — With Bitcoin now holding strong above the $100,000 mark and flashing renewed bullish momentum on the daily chart, the market is once again sending a clear message: the bull run isn’t over. MACD crossover signals, strong price support at $96,000, and aggressive follow-through candles suggest that the next leg higher may already be underway.

    As traders across the globe rush to capitalize on breakout opportunities, BexBack, a fast-growing cryptocurrency derivatives platform, is offering the tools, flexibility, and rewards that modern traders demand — including 100x leverage, no KYC, and over 50 tradable crypto contracts.

    “This chart tells the story — the bulls are back, and momentum is accelerating,” said David, Operations Director at BexBack. “We want to give traders the ability to take full advantage of market conditions, with high leverage, instant access, and powerful trading incentives.”

    Key Features of BexBack:

    • 100x Leverage on 50+ Crypto Contracts
      Maximize capital efficiency by trading BTC, ETH, ADA, SOL, XRP, and more with up to 100x leverage.
    • No KYC Required
      Register instantly with just an email. Trade anonymously without any identity verification process.
    • $100 Trading Bonus
      Make a deposit of at least 0.01 BTC or 1000 USDT and complete your first trade within one week to receive a $100 bonus — usable as margin.
    • 100% Deposit Bonus
      Double your first deposit with BexBack’s 100% bonus offer. For example, deposit 1 BTC and get 1 BTC in bonus margin (non-withdrawable, but usable for trading).
    • Zero Spread Execution
      All trades execute at the displayed price — no spread, no slippage, no surprises.
    • Demo Account with Virtual Funds
      New to futures trading? Start risk-free with 10 BTC or 1M USDT in demo funds and test your strategy before going live.
    • Global Coverage + 24/7 Support
      BexBack operates in 200+ countries and regions, with multilingual customer support available around the clock.

    The Market Is Moving — Are You?

    Bitcoin’s chart is clear: upward momentum is building, and technical indicators are aligning with market sentiment. While many traders are stuck watching from the sidelines, BexBack gives you the edge to enter positions with confidence and scale.

    About BexBack

    BexBack is a leading cryptocurrency derivatives exchange headquartered in Singapore, offering perpetual contracts with up to 100x leverage on more than 50 digital assets. With its KYC-free registration, professional-grade infrastructure, and powerful bonus system, BexBack is trusted by over 500,000 traders worldwide. The platform is fully MSB-registered under U.S. FinCEN and is accessible across the U.S., Canada, Europe, and beyond.

    Start trading now at www.bexback.com Claim your 100% deposit bonus + $100 Trading bonus and join the next wave of crypto opportunity.

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4ed2149c-d1b2-492e-a516-215b8143e422

    https://www.globenewswire.com/NewsRoom/AttachmentNg/bbfcc703-a321-4444-9cc2-daaf313fde90

    https://www.globenewswire.com/NewsRoom/AttachmentNg/52c6f6ee-aa9a-441c-ae63-1c2ea0df002b

    The MIL Network –

    May 14, 2025

  • MIL-OSI: Guelph General Hospital receives $300,000 from Alectra to assist in establishing a new women’s health diagnostic imaging centre

    Source: GlobeNewswire (MIL-OSI)

    MISSISSAUGA, Ontario, May 13, 2025 (GLOBE NEWSWIRE) — Alectra Inc. is proud to announce a $300,000 contribution over five years to help establish a new community-based medical centre including a diagnostic imaging centre at Guelph General Hospital (GGH). This initiative marks a significant step forward in enhancing access to critical women’s health services for residents of Guelph and Wellington County.

    This new centre, focused on preventative screening, diagnostics and intervention, will serve as a hub for women’s health imaging including breast and bone density imaging. The funding from Alectra will support the purchase of a second mammography machine, significantly expanding capacity for breast cancer screening, diagnosis and treatment support. By locating the facility in a community-based setting, with accessible parking and transit, the medical centre will help eliminate common barriers that prevent women from accessing life-saving screening services.

    “As part of our ongoing commitment to the health and wellbeing of the communities we serve, Alectra is proud to continue its support for Guelph General Hospital with this transformative project,” said Brian Bentz, President and Chief Executive Officer, Alectra Inc. “This new community-based diagnostic imaging centre will significantly enhance access to preventative care, ensuring more women in the region benefit from early detection services that are crucial for saving lives.”

    As one of only three Breast Assessment Centres in the region, GGH’s new facility will help ease pressure on neighbouring hospitals and address the growing demand for services, especially now that Ontario has lowered the breast cancer screening age to 40. The innovative centre will provide a full continuum of care, guiding patients from screening to biopsy to surgery, and will serve individuals across Guelph and surrounding communities.

    Julie Byczynski, Foundation CEO, spoke to the significance of this support. “This exciting new GGH medical centre is a huge leap forward for access to imaging services for our community, and requires significant start-up funding to support the purchase and installation of the new equipment. Therefore, having this generous commitment from Alectra underscores the vital role that corporate partners can play in helping build stronger, healthier communities.” Byczynski continued, “in this initial phase of the centre, the additional mammogram capacity of Guelph General is a huge win for women’s health locally. Increasing access and early screening will save lives.”

    Through its AlectraCARES Community Support Program, Alectra has been supporting the GGH Foundation since 2021, including a previous contribution to the Medical Device Reprocessing Department (MDRD). In 2022, Alectra furthered its commitment with a $180,000 donation to help reduce medical waste by funding the purchase of a new sterilization container system designed to minimize the waste generated from operating room surgeries.

    Guelph General Hospital announced in December 2024 that the medical centre would be located at the Speedvale Campus of Conestoga College in Guelph. With a fundraising goal of approximately $10 million, bringing this transformative vision to life will rely on the generosity of donors and strong community partnerships.

    About Alectra Inc.

    Serving more than one million homes and businesses in Ontario’s Greater Golden Horseshoe area, Alectra Utilities is now the largest municipally-owned electric utility in Canada, based on the total number of customers served. We contribute to the economic growth and vibrancy of the 17 communities we serve by investing in essential energy infrastructure, delivering a safe and reliable supply of electricity, and providing innovative energy solutions.

    X: https://x.com/alectranews

    Facebook: https://www.facebook.com/alectranews/

    Instagram: https://www.instagram.com/alectranews/?hl=en

    LinkedIn: https://www.linkedin.com/company/16178435/admin/

    Bluesky: https://bsky.app/profile/alectranews.bsky.social

    YouTube: https://www.youtube.com/alectranews

    Media Contact

    Ashley Trgachef, Media Spokesperson
    ashley.trgachef@alectrautilities.com | Telephone: 416.402.5469 | 24/7 Media Line: 1.833.MEDIA-LN

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3566edac-4318-414f-96f4-f61a641f75eb

    The MIL Network –

    May 14, 2025

  • MIL-OSI: HUMAIN and NVIDIA Announce Strategic Partnership to Build AI Factories of the Future in Saudi Arabia

    Source: GlobeNewswire (MIL-OSI)

    RIYADH, Saudi Arabia, May 13, 2025 (GLOBE NEWSWIRE) — HUMAIN, the new full AI value chain subsidiary of Saudi Arabia’s Public Investment Fund, today announced a landmark strategic partnership with NVIDIA, the world leader in AI computing infrastructure, to drive the next wave of artificial intelligence development.

    The two organizations will leverage NVIDIA platforms and expertise to establish Saudi Arabia as a global leader in AI, GPU cloud computing and digital transformation to drive innovation and growth worldwide.

    The partnership underscores HUMAIN’s mission to position Saudi Arabia as an international AI powerhouse — combining cutting-edge infrastructure, frontier AI models, immersive digital platforms and human capital development.

    Powering AI Factories of Tomorrow

    HUMAIN is making a major investment to build AI factories in the Kingdom of Saudi Arabia with a projected capacity of up to 500 megawatts powered by several hundred thousand of NVIDIA’s most advanced GPUs over the next five years. The first phase of deployment will be an 18,000 NVIDIA GB300 Grace Blackwell AI supercomputer with NVIDIA InfiniBand networking.

    These hyperscale AI data centers will provide a secure foundational infrastructure for training and deploying sovereign AI models at scale, enabling industries across Saudi Arabia and worldwide to accelerate innovation and digital transformation.

    Unlocking the Era of Physical AI With NVIDIA Omniverse

    HUMAIN will deploy the NVIDIA Omniverse™ platform as a multi-tenant system to drive acceleration of the new era of physical AI and robotics through simulation, optimization and operation of physical environments by new human-AI-led solutions. This will allow industries such as manufacturing, logistics and energy to create fully integrated digital twins, boosting efficiency, safety and sustainability while fast-tracking the Kingdom’s journey toward Industry 4.0.

    Enabling the Kingdom’s AI Ecosystem Through Workforce Transformation

    To support this transformation, HUMAIN and NVIDIA will collaborate on large-scale upskilling and training initiatives, providing thousands of Saudi citizens and developers with hands-on experience in advanced AI, simulation, robotics and digital twin technologies. This effort will contribute to building a robust national AI ecosystem and align with Saudi Arabia’s Vision 2030 goals of economic diversification and digital leadership.

    “AI, like electricity and internet, is essential infrastructure for every nation,” said Jensen Huang, founder and CEO of NVIDIA. “Together with HUMAIN, we are building AI infrastructure for the people and companies of Saudi Arabia to realize the bold vision of the Kingdom.”

    “We thank NVIDIA for their strategic partnership with the Kingdom. This collaboration with HUMAIN marks a turning point, building the AI factories of the future, unlocking compute and powering the next era of physical AI,” said His Excellency Eng. Abdullah Alswaha, Minister of Communications and Information Technology. “This lays the groundwork for a new industrial revolution, anchored in advanced infrastructure, talent and global ambition. This is how Saudi Arabia continues to lead as a partner of choice in shaping the future of AI.”

    “Our partnership with NVIDIA is a bold step forward in realizing the Kingdom’s ambitions to lead in AI and advanced digital infrastructure,” said Tareq Amin, CEO of HUMAIN. “Together, we are building the capacity, capability and a new globally enabled community to shape a future powered by intelligent technology and empowered people.”

    About NVIDIA
    NVIDIA (NASDAQ: NVDA) is the world leader in accelerated computing.

    About HUMAIN
    HUMAIN is a global artificial intelligence company delivering full-stack AI capabilities across four core areas — next-generation data centers, hyper-performance infrastructure and cloud platforms, advanced AI models, including the world’s most advanced Arabic multimodal LLMs, and transformative AI Solutions that combine deep sector insight with real-world execution.

    HUMAIN’s end-to-end model serves both public and private sector organizations, unlocking exponential value across all industries, driving transformation and strengthening capabilities through human-AI synergies. With a growing portfolio of sector-specific AI products and a core mission to drive IP leadership and talent supremacy world-wide, HUMAIN is engineered for global competitiveness and national distinction.

    HUMAIN is headquartered in Riyadh, Saudi Arabia with presence in the USA and Europe; offices opening soon.

    For further information, contact:
    Corporate Communications
    NVIDIA Corporation
    press@nvidia.com

    Charles Palmer, FTI
    charles.palmer@fticonsulting.com
    +44 7976 743360

    Certain statements in this press release including, but not limited to, statements as to: the benefits and impact of NVIDIA’s products, services, and technologies; the partnership between NVIDIA and HUMAIN and the impact and benefits thereof; and HUMAIN and NVIDIA building the AI infrastructure for the people and companies of Saudi Arabia to realize the bold vision of the Kingdom are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the “safe harbor” created by those sections and that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic conditions; our reliance on third parties to manufacture, assemble, package and test our products; the impact of technological development and competition; development of new products and technologies or enhancements to our existing product and technologies; market acceptance of our products or our partners’ products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of our products or technologies when integrated into systems; as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company’s website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

    © 2025 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo and NVIDIA Omniverse are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Other company and product names may be trademarks of the respective companies with which they are associated.

    The MIL Network –

    May 14, 2025

  • MIL-OSI: Prosafe SE: Report from Nomination Committee published

    Source: GlobeNewswire (MIL-OSI)

    Prosafe SE (the “Company”) refers to the notice published on 30 April 2025 in respect of the Company’s Annual General Meeting to be held on 21 May 2025 at 08.30 a.m. CEST.

    The report from the Nomination Committee is now published and available on the Company’s website at: https://www.prosafe.com/investor-information/corporate-governance/general-meetings/

    Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The Company is listed on the Oslo Stock Exchange with ticker code PRS.

    For more information, please refer to www.prosafe.com (http://www.prosafe.com)

    Oslo, 13 May 2025

    Prosafe SE

    For further information, please contact:

    Terje Askvig, CEO

    Phone: +47 952 03 886

    Reese McNeel, CFO

    Phone: +47 415 08 186

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

    The MIL Network –

    May 14, 2025

  • MIL-OSI USA: ICYMI: Tuberville on Kudlow: “We’re so fortunate to have President Trump”

    US Senate News:

    Source: United States Senator for Alabama Tommy Tuberville
    WASHINGTON – Today, U.S. Senator Tommy Tuberville (R-AL) joined Larry Kudlow on Fox Business to discuss how President Trump is delivering wins for the American people left and right.
    Read excerpts from the interview below or watch on YouTube or Rumble.

    KUDLOW: “The great Alabama Senator, Mr. Tommy Tuberville. Senator Tuberville, welcome, sir, as always. You know, Charles Payne was on in the first segment of the show, and he was talking about ‘Pax Americana’ and, you know, listing things that Mr. Trump is getting done. India, Pakistan, perhaps a ceasefire deal, the last American hostage being released by Hamas, the potential for, you know, Zelensky-Putin meeting, Trump himself might broker it. President Trump will be in the Middle East and maybe something is cooking with Iran. Is there a ‘Pax Americana’ back on? Is Mr. Trump reordering the chaos of the world under Biden into something resembling, you know, peace and prosperity and America first?”
    TUBERVILLE: “Yeah, Larry. Don’t forget about the Abraham Accords. I think that might be one of the reasons he’s going to see the Saudis and bounce around the Middle East, but I don’t know how he keeps up with it. It’s hard for us here in the States to keep up with what’s going on. From the tariffs to the wars to the, you know, great big beautiful bill—it is mind boggling. But I’m enjoying every bit of bit of it. The Democrats are running for cover. We dealt for four years with somebody that had no negotiation skills. Now we got somebody that just loves to do it. He eats and breathes it, and we’re so fortunate to have President Trump as President.”
    KUDLOW: “So, think about this, on the home front, I guess, but it’s also international affairs. Basically, in the same four- or five-day period, we got a very good trade deal with the United Kingdom, and we have a 90-day pause and a significant easing of tariffs with China and the US. What do you make of that?”
    TUBERVILLE: “Well, and there’s about 30 to 35 [countries] Larry. I know for a fact they’re lined up ready to make deals with the United States. We’re controlling it, and we should, you know—[…] we’re the grocery store of the world. You know, we make everything in terms of being able to make it available to other people. Now, we’ve got to get in the manufacturing business again—that’s what President Trump’s doing all this for. But we’ve got to be choosy with it. But in my state of Alabama, I have people coming every day about new manufacturing ideas [saying] ‘We wanna move it here from either Ireland or Germany.’ It is amazing how much busier we are here in the Senate as Republicans [who are] wanting to bring [manufacturing] back and on the contrary of what the Democrats just tried to say, ‘No, we don’t want you here. We wanna raise all of our food out of the country, put our farmers out of business.’ It is totally different than what it was six months ago.”
    KUDLOW: “So, nobody really talks much about it, but President Trump has raised $4 or $5 trillion dollars for American investment. He’s gone to the Middle East and so forth. He’ll probably raise, I don’t know, a couple trillion dollars more. I’m just guessing, but that’s part of the deal. The tax changes, the tax policy coming out of the Ways and Means Committee will provide incentives for those people who invest in the United States. So, there’s a tide of onshoring that seems to be coming not only from foreign relations and trade relations, but also just tax incentive relations. Where, you know, this is unheard of. This is unseen. It all goes hand in glove. Trump is taking advantage of this. What do you make of it? Can it all pass the Senate? I guess that’s my final thought. Is it gonna get through the Senate?”
    TUBERVILLE: “Well, all the tax incentives normally come from the states, in which they still do. President Trump’s doing it on a national level. You know, the Opportunity Zones, all those things that he’s put into place. But right now, they’re negotiating [potential reforms to] Medicare, Medicaid, all the things that everybody are a little bit worried about. But always remember this—there’s really, as we’ve looked at all this, it’s all about reform. We have algorithms now that can go into the Social Security and Medicare and Medicaid that can be hooked up to these machines that can make sure that we can cut out all this fraud and all this nonsense with people getting on Social Security, Medicare, Medicaid, that shouldn’t be on it. We’re not in the 20th century. This is the 21st century, and all those things will kick in this year. You don’t hear much talk about AI in that area, but Larry, we will get it passed. It’s gonna be tough. We have to get cuts. We cannot pass a bill that does not have cuts in it. We’ve got to cut back somewhere close to the 2019 budget [spending levels]. And if we don’t do that, I don’t know how we can save the country, but President Trump is all for that, but he wants to do it in the right spot.”
    KUDLOW: “But, Senator Tuberville, you know, able-bodied young men should not be on Medicaid. They should not be on Medicaid and the expansion of eligibility. So that’s not a cut really, sir. That’s enforcing the eligibility mandate, which Barack Obama tried to break. Now you all have a chance to put it back together again. And Medicaid is still gonna grow significantly. It’s just gonna grow by slightly less. It’s not really a cut. It’s just a slowdown in the phenomenal, bankrupting growth.”
    TUBERVILLE: “Well, illegals are on Medicare, Medicaid, and Social Security. Everything that goes along with people that, as you said, are sitting around at home, watching The View on television, getting [EBT] cards, food stamps, and on Social Security, Medicare, Medicaid—that’s got to be over with. Our country is not gonna make it. We cannot afford [for] that to happen, and President Trump is all about that. That’s what the House is pushing very hard. All the reforms that you just talked about have to be in there, but we cannot afford to take care of the world. Let’s take care of the people in this country first and then we might be able to help outside our borders.”
    KUDLOW: “Actually, [if] we cut taxes and spending and have an investment-led boom and onshoring, the rest of the world might copy us. That’s what happened under Reagan. Anyway, Senator Tommy Tommy Tuberville. Thank you, sir, as always. We appreciate your wisdom.”
    Senator Tommy Tuberville represents Alabama in the United States Senate and is a member of the Senate Armed Services, Agriculture, Veterans’ Affairs, HELP and Aging Committees.

    MIL OSI USA News –

    May 14, 2025

  • MIL-OSI Global: AI can be a danger to students – 3 things universities must do

    Source: The Conversation – Africa – By Sioux McKenna, Professor of Higher Education, Rhodes University, South Africa, Rhodes University

    Generative artificial intelligence (AI) is trained on enormous bodies of text, video and images to identify patterns. It then creates new texts, videos and images on the basis of this pattern identification. Thanks to machine learning, it improves its ability to do so every time it is used.

    As AI becomes embedded in academic life, a troubling reality has emerged: students are extremely vulnerable to its use. They don’t know enough about what AI is to be alert to its shortcomings. And they don’t know enough about their subject content to make judgements on this anyway. Most importantly, they don’t know what they don’t know.

    As two academics involved in higher education teaching, we argue that there are four key dangers facing students in today’s world of AI. They are:

    • blind trust in its abilities

    • using it to side-step actual learning

    • not knowing how it works

    • perpetuating the gap between expertise and uncritical yet confident noise.

    Given our experiences as academics who have developed curricula for students and who research generative AI, we think there are three things universities can do. They should teach critical AI literacy, emphasise why developing knowledge is important, and teach students why being an expert matters if they’re going to engage meaningfully with AI.

    The four dangers

    Blind trust in AI’s false confidence. A recent Microsoft report showed that those who know the least about a topic are the most likely to accept AI outputs as correct. Generative AI programs like ChatGPT and Claude produce text with remarkable confidence. Students lacking domain expertise can’t identify when these systems are completely wrong.

    Headlines already demonstrate the consequences of this in the workplace: lawyers submitting fabricated case citations generated by AI, and hospitals using AI transcription tools that invent statements never actually made.

    Generative AI can get it wrong because it doesn’t understand anything in the human sense of the word. But it can identify and replicate patterns with remarkable sophistication. These patterns include not only words and ideas but also tone and style.

    Missing the power of education. A core purpose of higher education is to give students a new way of understanding the world and their place in it. When students use AI in ways that sidestep intellectual challenges, they miss this essential transformation.

    When students simply outsource their thinking to AI, they’re getting credentials without competence. They might graduate with degrees but without knowledge and expertise.

    The false confidence trap. Even students who develop critical awareness about AI’s limitations face what Punya Mishra, a learning engineer professor at Arizona State University, calls “the false confidence trap”. They might recognise that AI can produce errors but lack sufficient subject knowledge to correct those errors.

    As Mishra puts it:

    It’s like having a generic BS detector but no way to separate truth from fiction.

    This creates a dangerous half-measure where students recognise AI isn’t perfect but can’t effectively evaluate its outputs.

    Perpetuating the knowledge gap. As AI becomes ubiquitous in workplaces, the gap between those with genuine expertise and those relying solely on AI will widen. Students who haven’t developed their own knowledge foundations will be increasingly marginalised in a world that paradoxically values human expertise more, not less, as AI advances.

    Answers

    There are three steps universities can take.

    Integrate critical AI literacy. Students need to understand how generative AI works – how AI is trained on massive databases of human-created texts and images to identify patterns by which to craft new outputs.

    It’s not enough to have an “Intro to AI” course. Every discipline needs to show students how AI intersects with their field and, most significantly, empower them to reflect on the ethical implications of its use. This includes engaging in questions around the use of copyrighted materials for the training of generative AI, the biases inherent in AI generated texts and images, and the enormous environmental cost of AI use.

    Emphasise knowledge development. Higher education institutions must actively counter the view that university is merely about the provision of credentials. We need to help students see the value of acquiring domain expertise. This is not always self-evident to those students who understand higher education only as a means to a job, which encourages them to engage with knowledge in an instrumentalist way – and thus to use AI in ways that prevent engagement with complex ideas. It is a personal relationship with knowledge that will prepare them for a future where AI is everywhere. Advocating for the power of knowledge needs to be a central part of every academic’s job description.

    Model dual expertise. Academics should model what Mishra calls “the dual expertise challenge” — combining domain knowledge with critical AI literacy. This means demonstrating to students how experts engage with AI: analysing its outputs against established knowledge, identifying biases or gaps, and using AI as a tool to enhance human expertise rather than replace it.

    As AI becomes increasingly sophisticated, the value of human expertise only grows. Universities that prepare students to critically engage with AI while developing deep domain knowledge will graduate the experts that society needs in this rapidly evolving technological landscape.

    We have our work cut out for us, but expertise remains highly valued.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. AI can be a danger to students – 3 things universities must do – https://theconversation.com/ai-can-be-a-danger-to-students-3-things-universities-must-do-255652

    MIL OSI – Global Reports –

    May 14, 2025

  • MIL-OSI USA: Announcement: Death of L-667 Brother Steve Chambers

    Source: US International Brotherhood of Boilermakers

    Every single person deserves to work in a safe environment where they know they can go home at the end of the day to their loved ones. Every single person deserves for their father, mother, son, daughter, husband, wife, friends, brothers and sisters to come home to them at the end of their shift.

    International President Timothy Simmons

    It is with deep sorrow that the International Brotherhood of Boilermakers must inform members of the death of Brother Steve E. Chambers, Local 667, of Cameron, West Virginia.

    Brother Chambers was working on a Simakas project at Westlake Chemical Plant in Proctor, West Virginia, when he was tragically killed on the jobsite Sunday, May 11. Due to ongoing investigation, no further details on the incident can be shared at this time.

    “We offer our deepest sympathy and support to Brother Chambers’ family and our Local 667 brothers and sisters. We are thinking especially of his father, who is also a L-667 Boilermaker,” said International President Timothy Simmons. “And as we share this profound grief in the loss of our Boilermaker brother, we also come together to raise the critical importance of safety on jobsites.

    “Every single person deserves to work in a safe environment where they know they can go home at the end of the day to their loved ones. Every single person deserves for their father, mother, son, daughter, husband, wife, friends, brothers and sisters to come home to them at the end of their shift.

    “Each and every safety protocol matters. We know all too well that the smallest details that might seem insignificant or trivial can mean the difference between life and death. Protocols simply cannot be ignored. Ever.”

    L-667 Business Manager/Secretary-Treasurer Bruce Forshee said memorial arrangements have not yet been made by Brother Chambers’ family. The local has collected funds to pay tribute and will present a customized Boilermaker Bible to his family.

    “Brother Chambers’ death is such a tragic, senseless and tremendous loss,” Forshee said. “Tomorrow is never guaranteed, and we are reminded: Safety must always be top priority on every jobsite. Lockout/tagout is not an option. It is necessary every time.

    “Our hearts are especially with our brother’s father, son and girlfriend.”

    MIL OSI USA News –

    May 14, 2025

  • MIL-OSI USA News: Fact Sheet: President Donald J. Trump Secures Historic $600 Billion Investment Commitment in Saudi Arabia

    Source: The White House

    STRENGTHENING STRATEGIC PARTNERSHIPS FOR ECONOMIC PROSPERITY:
    Today in Saudi Arabia, President Donald J. Trump announced Saudi Arabia’s $600-billion commitment to invest in the United States, building economic ties that will endure for generations to come. The first deals under the announcement strengthen our energy security, defense industry, technology leadership, and access to global infrastructure and critical minerals. 

    • The deals celebrated today are historic and transformative for both countries and represent a new golden era of partnership between the United States and Saudi Arabia.
    • From day one, President Trump’s America First Trade and Investment Policy has put the American economy, the American worker, and our national security first.
    • The following represent just a few of the many transformative deals secured in Saudi Arabia:
      • Saudi Arabian DataVolt is moving forward with plans to invest $20 billion in AI data centers and energy infrastructure in the United States.
      • Google, DataVolt, Oracle, Salesforce, AMD, and Uber are committing to invest $80 billion in cutting-edge transformative technologies in both countries.
      • Iconic American companies including Hill International, Jacobs, Parsons, and AECOM are building key infrastructure projects like King Salman International Airport, King Salman Park, The Vault, Qiddiya City, and much more totaling $2 billion in U.S. services exports.
      • Additional major exports include GE Vernova’s gas turbines and energy solutions totaling $14.2 billion and Boeing 737-8 passenger aircraft for AviLease totaling $4.8 billion.
      • In the healthcare sector, Shamekh IV Solutions, LLC will be investing $5.8 billion, including a plant in Michigan to launch a high-capacity IV fluid facility.
      • Investment partnerships include several sector-specific funds with a strong emphasis on U.S. deployment—such as the $5 billion Energy Investment Fund, the $5 billion New Era Aerospace and Defense Technology Fund, and the $4 billion Enfield Sports Global Sports Fund—each channeling substantial capital into American industries, driving innovation, and creating high-quality jobs across the United States.
    • Underscoring our commitment to strengthening our defense and security partnership, the United States and Saudi Arabia signed the largest defense sales agreement in history—nearly $142 billion, providing Saudi Arabia with state-of-the-art warfighting equipment and services from over a dozen U.S. defense firms.
      • The sales that we intend to complete fall into five broad categories: (1) air force advancement and space capabilities, (2) air and missile defense, (3) maritime and coastal security, (4) border security and land forces modernization, and (5) information and communication systems upgrades. 
      • The package also includes extensive training and support to build the capacity of the Saudi armed forces, including enhancement of Saudi service academies and military medical services.
      • This deal represents a significant investment in Saudi Arabia’s defense and regional security, built on American systems and training.
    • The United States and Saudi Arabia celebrate these and many other deals today as a result of the growing momentum of the last four months. The total package has quickly built to more than $600 billion–the largest set of commercial agreements on record between the two countries.

    UNLOCKING NEW OPPORTUNITIES THROUGH DEEPER ALLIANCES: The strategic partnership between the United States and Saudi Arabia has grown increasingly robust over the past eight decades since the meeting between King Abdulaziz Al Saud and President Franklin D. Roosevelt on board the USS Quincy, the 80th anniversary of which was celebrated earlier this year.

    • Saudi Arabia is one of the United States’ largest trading partners in the Middle East.
      • Saudi direct investment in the United States totaled $9.5 billion in 2023, focused on the transportation, real estate, and automotive sectors.
      • In 2024, U.S.-Saudi Arabia goods trade totaled $25.9 billion, with U.S. exports at $13.2 billion, imports at $12.7 billion, and a trade surplus in goods of $443 million. 
    • The United States and Saudi Arabia share a commitment to deeper economic integration, underscoring the Kingdom’s pledge of expanding cooperation in critical sectors such as health, energy, and science.
      • The U.S. Department of Energy and the Ministry of Energy of the Kingdom of Saudi Arabia have concluded an agreement for cooperation in the field of energy.  This agreement builds upon their strong existing relationship; it will focus collaboration on examining the potential for innovation, development, financing, and deployment of energy infrastructure.
      • The Ministry of Industry and Mineral Resources in the Kingdom of Saudi Arabia and the Department of Energy of the United States of America have signed a Memorandum of Cooperation to collaborate on mining and mineral resources.  The agreement contributes to economic development and the diversification and resilience of critical mineral supply chains.
      • NASA and the Saudi Space Agency have signed an agreement for a CubeSat to fly on NASA’s Artemis II test flight. Saudi Arabia’s CubeSat will measure aspects of space weather at a range of distances from Earth and deploy in high Earth orbit from a spacecraft adapter on the Space Launch System rocket after the Orion spacecraft is safely flying on its own with its crew of four astronauts.
      • The United States and Saudi Arabia recently agreed to modernize the Air Transport Agreement to allow U.S. airlines to carry cargo between Saudi Arabia and third countries without needing to stop in the United States, an important right for cargo hub operations. Saudi carriers will have the same rights to serve the United States.
    • The United States and Saudi Arabia further underscored their commitment to deeper cultural, educational, and scientific partnerships through the signing of agreements between the Smithsonian Institution’s National Museum of Asian Art and the Royal Commission for AlUla on collaborative research and an exhibition focused on artifacts from ancient Dadan in AlUla, and between the Smithsonian’s National Zoo and the Royal Commission for AlUla to support the conservation of the endangered Arabian leopard through creation of a dedicated exhibit in Washington, D.C.
    • Saudi Arabia remains our largest Foreign Military Sales partner with active cases valued at more than $129 billion.
      • Our defense relationship with the Kingdom of Saudi Arabia is stronger than ever under President Trump’s leadership, and the package signed today, the largest defense cooperation deal in U.S. history, is a clear demonstration of our commitment to strengthening our partnership.
      • The agreement opens the door for expanded U.S. defense industry participation and long-term sustainment partnerships with Saudi entities.
    • The deepening United States-Saudi Arabia partnership reflects a joint vision for long-term prosperity and employment opportunities in both nations.

    BUILDING ON A RECORD OF WINNING AT HOME AND ABROAD: President Trump is delivering on his promise to Make America Great Again by catalyzing investment and negotiating fair trade deals to accelerate American employment and prosperity.

    • President Trump is the dealmaker in chief, and he has once again secured a historic deal that strengthens America’s economic dominance and global influence. 
    • This comes just one week after President Trump announced a U.S.-UK trade agreement that levels the playing field, creates jobs, and opens market access with the United Kingdom.
    • Leading up to this historic deal, President Trump had already secured trillions in U.S.-based investments, setting the stage for a new era of American prosperity.
    • The $600 billion in Saudi investment in the United States builds on President Trump’s record in 2017 of securing billions in commercial deals and agreements with Saudi Arabia for the defense, energy, technology, and infrastructure sectors.

    MIL OSI USA News –

    May 14, 2025

  • MIL-OSI USA: Governor Stein Announces Genentech Will Build New Manufacturing Plant in Wake County Creating 400 Jobs

    Source: US State of North Carolina

    Headline: Governor Stein Announces Genentech Will Build New Manufacturing Plant in Wake County Creating 400 Jobs

    Governor Stein Announces Genentech Will Build New Manufacturing Plant in Wake County Creating 400 Jobs
    lsaito
    Tue, 05/13/2025 – 09:37

    Raleigh, NC

    Governor Josh Stein announced today that Genentech, one of the world’s premiere biotechnology companies, will invest $700 million to build a new manufacturing plant in Holly Springs, creating 400 jobs.

    “World-class companies like Genentech recognize that North Carolina is a leading state for biotechnology,” said Governor Josh Stein. “These companies know that our life science workforce is ready to help them deliver their cutting-edge medicines to the world. We are proud to welcome Genetech to North Carolina.”

    Genentech, with headquarters in South San Francisco, California, is a member of Switzerland’s Roche Group (SIX: RO, ROG; OTCQX: RHHBY) and is considered the original biotechnology pioneer. For more than 40 years the company has pursued groundbreaking science to discover and develop medicines for people with serious or life-threatening diseases. Genentech’s project in Holly Springs will establish a new 700,000 sq. ft. high-volume fill-finish operation to support its existing product portfolio as well as its future pipeline, allowing the company to meet growing demand for its medicines.

    “Genentech would like to thank Governor Stein and Commerce Secretary Lilley for their support and for welcoming us to North Carolina. We are thrilled to establish this relationship with the city of Holly Springs, where we will create new manufacturing and construction jobs while making a broader positive impact on the local economy and community for many years to come,” said Genentech CEO Ashley Magargee. “Our new facility will serve as an important new setting within our manufacturing network to help deliver on the promise of our company’s life-changing science and industry-leading pipeline.”

    “Genentech siting its first East Coast production facility in North Carolina is a gamechanger for our already strong biotechnology sector,” said North Carolina Commerce Secretary Lee Lilley. “Thanks to amazing state leadership from the North Carolina Biotechnology Center and continued investments in workforce and infrastructure, these kinds of successes breed great jobs and great therapies that make the world a healthier place.”

    Although wages will vary depending on the position, the average salary for the new positions will be $119,833, compared with an average wage in Wake County of $76,643. The new positions will bring an annual payroll impact to the community of more than $50 million per year.

    The company’s project in North Carolina will be facilitated, in part, by a Job Development Investment Grant (JDIG) approved by the state’s Economic Investment Committee earlier today. Over the course of the 12-year term of this grant, the project is estimated to grow the state’s economy by more than $3 billion. Using a formula that takes into account the new tax revenues generated by the new jobs and the capital investment, the JDIG agreement authorizes the potential reimbursement to the company of up to $9,846,750, spread over 12 years and based on the creation of 420 jobs. State payments only occur following performance verification by the departments of Commerce and Revenue that the company has met its incremental job creation and investment targets.

    The project’s projected return on investment of public dollars is 230 per cent, meaning for every dollar of potential cost, the state receives $3.30 in state revenue. JDIG projects result in positive net tax revenue to the state treasury, even after taking into consideration the grant’s reimbursement payments to a given company. 

    Because Genentech chose to expand in Wake County, classified by the state’s economic tier system as Tier 3, the company’s JDIG agreement also calls for moving $3,282,250 into the state’s Industrial Development Fund – Utility Account. The Utility Account helps rural communities finance necessary infrastructure upgrades to attract future business. Even when new jobs are created in a Tier 3 county such as Wake, the new tax revenue generated through JDIG grants helps more economically challenged communities elsewhere in the state.

    “Our momentum in biotech is off the charts as these new jobs and new investment come to Holly Springs,” said N.C. Senator Lisa Grafstein. “Genentech is a renowned brand in the industry, and we welcome the company to our growing family of life science partners.”

    “Economic development success takes teamwork, and I’m proud of the many local, regional, and state organizations that worked hard to bring Genentech to our community,” said N.C. Representative Ya Liu. “We look forward to seeing this innovative company put down roots and grow in Holly Springs, Wake County, and North Carolina.”

    Partnering with the North Carolina Department of Commerce and the Economic Development Partnership of N.C. on this project were the North Carolina General Assembly, the North Carolina Community College System, N.C. Commerce’s Division of Workforce Solutions, the North Carolina Biotechnology Center, N.C. State University, Duke Energy, Enbridge Gas North Carolina, Capital Area Workforce Development, Wake Tech, the Town of Holly Springs, Wake County, and Wake County Economic Development, a program of the Greater Raleigh Chamber.  

    May 12, 2025

    MIL OSI USA News –

    May 14, 2025

  • MIL-OSI Canada: Province Lifts Moratorium on Seafood Buying, Processing Licences

    Source: Government of Canada regional news

    Nova Scotians can apply for seafood buyer and processor licences starting August 1, as the Province ends the moratorium that started in 2018.

    “Now, more than ever, we have the opportunity to reimagine the economic potential of our traditional and natural resources,” said Kent Smith, Minister of Fisheries and Aquaculture. “Accepting applications from new entrants, or established businesses that want to diversify or expand their products, will help drive the economy and grow our seafood sector.”

    Over the last seven years, the Province has consulted with industry representatives during a policy and regulation review, which is now complete. The moratorium was a temporary measure to maintain fair competition and to reduce speculation during the review period.

    Seafood is Nova Scotia’s primary export and generates significant economic return to the province, supporting about 20,000 jobs. Buyers purchase seafood after it has been caught, and processors produce seafood products such as fish fillets and frozen snow crab sections.

    About 50 per cent of the industry is in southwest Nova Scotia. Nova Scotia fish and seafood exports totalled $2.4 billion in 2024.

    The Province is also lifting the long-standing moratorium on issuing groundfish buying and processing licences, which has been in place since the 1994 collapse of the groundfish fisheries.

    The moratoriums will be lifted in two stages. The government will begin accepting applications for buyer and processor licences for most species on August 1. Following continued consultation with industry partners, the government will begin accepting applications for lobster buyer licences and snow crab buyer and processor licences on January 2, 2026.

    Quotes:

    “Today’s announcement demonstrates that the government has been listening to industry, and we look forward to continuing those conversations. Lifting the moratorium and ensuring new entrants are qualified will support continued diversification of the shore sector and provide strong measures to ensure that the multi-generational family enterprises that are the basis of this industry will continue to contribute to strengthen the provincial economy while also welcoming new entrants.”
    — Kris Vascotto, Executive Director, Nova Scotia Seafood Alliance

    “As a market and customer-focused seafood company, Sea Star needs a flexible and responsive licensing system that allows me access to the licences that I need when I need them so that I can grow my business. The moratorium has been an artificial barrier to maximizing the value of Nova Scotia’s seafood sector. I fully support the Minister’s intention to lift the licensing moratorium, and I want to thank him and his team for bringing the long-standing policy review to a close so that we can all refocus on selling our fish to the world.”
    — Kerry Cunningham, sales/procurement, Sea Star Seafoods

    “We are pleased with the Minister’s decision to lift the licensing moratorium. We strongly believe in a free market approach to fish buyer and fish processor licensing that is responsive to market conditions while also encouraging growth and innovation in the sector. We look forward to continuing our collaboration with the Minister and his Department as they set the regulatory conditions for our seafood sector to compete and thrive in the global seafood marketplace.”
    — Ian McIsaac, President, Seafood Producers Association of Nova Scotia

    Quick Facts:

    • fish and seafood products were Nova Scotia’s largest export commodity in 2024, accounting for 36 per cent of the province’s export goods
    • 329 companies in Nova Scotia have buying and/or processing licences
    • there are 4,000 registered fishing vessels and more than 5,700 commercial fishing licence holders in Nova Scotia
    • harvest quotas are regulated by the federal government; lifting the moratorium on buyer and processor licences does not impact the volume of seafood harvested

    Additional Resources:

    Fish processors and fish buyer licence policy: https://novascotia.ca/fish/commercial-fisheries/licensing-leasing/

    Nova Scotia Seafood Export Directory: https://nsseafood.com/directory#&market_id=

    Other than cropping, Province of Nova Scotia photos are not to be altered in any way.

    MIL OSI Canada News –

    May 14, 2025

  • MIL-OSI USA: King, Banks Introduce Bipartisan Bill to Make Veterans’ Benefit Claims Process Fairer

    US Senate News:

    Source: United States Senator for Maine Angus King

    WASHINGTON, D.C. — Today, U.S. Senators Angus King (I-ME) and Jim Banks (R-ID), members of the Senate Veterans Affairs Committee, have introduced bipartisan legislation to make the veteran benefit claims process more streamlined and fair. The Review Every Veteran’s Claims Act would reform the Department of Veterans Affairs (VA) claims process, helping to ensure that veterans’ benefits claims are never denied solely because they miss a medical disability exam appointment.

    Currently, many VA disability compensation claims require a medical examination to determine if a claimed disability is related to a veteran’s service. However, many veterans and veteran service organizations frequently report frustration with the exam scheduling process and veterans can be penalized for administrative mix-ups out of their control. Under the Review Every Veteran’s Claims Act, the VA would be restricted from denying a benefits claim solely on a veterans’ failure to show up to a scheduled exam.

    “Our veterans gave their very best during their service to our country and they deserve access to all their earned, well-deserved benefits,” said Senator King. “No veteran should ever be denied their benefits because of bureaucracy, mistakes or unplanned schedule conflicts getting in the way. The bipartisan Review Every Veteran’s Claims Act will work to humanize the VA’s claims process and ensure we make true on our promise to take care of the brave men and women who served.” 

    “Veterans’ benefit claims shouldn’t be tossed aside because of red tape or poor communication,” said Senator Banks. “VA has a duty to assist veterans every step of the way, and my bill makes the claims process fairer so veterans always get the benefits they have earned.”

    Representing one of the states with the highest rates of military families and veterans per capita, Senator King is a staunch advocate for America’s servicemembers and veterans. A member of the Senate Veterans’ Affairs Committee (SVAC), he works to ensure American veterans receive their earned benefits and that the VA is properly implementing various programs such as the PACT Act, the State Veterans Homes Domiciliary Care Flexibility Act, and the John Scott Hannon Act. Recently, Senator King introduced bipartisan legislation to help reduce suicides among veterans by providing free secure firearm storage to veterans. In addition, he helped pass the Veterans COLA Act, which increased benefits for 30,000 Maine veterans and their families. Senator King has also introduced bipartisan legislation to improve care coordination for veterans who rely on both VA health care and Medicare. Earlier this year, he cosponsored the bipartisan Major Richard Star Act that would provide more combat-injured veterans with their full earned benefits. Most recently, he joined Senator Jerry Moran (R-KS), Chairman of the Veterans’ Affairs Committee, in introducing bipartisan legislation to permanently authorize a program that would expand access to veteran disability claims exams.

    MIL OSI USA News –

    May 14, 2025

  • MIL-OSI USA: HHS, FDA Initiate Comprehensive Review of Nutrients in Infant Formula

    Source: US Department of Health and Human Services – 3

    For Immediate Release:
    May 13, 2025

    The U.S. Department of Health and Human Services (HHS) and U.S. Food and Drug Administration (FDA) today announced the next steps in Operation Stork Speed–a groundbreaking initiative to ensure the safety, reliability, and nutritional adequacy of infant formula for American families. The FDA issued a Request for Information (RFI) to begin the nutrient review process required by law for infant formula. Currently, infant formula must meet minimum and maximum levels of certain nutrients. While the FDA regularly reviews individual nutrient requirements for infant formula, this will be the first comprehensive review since 1998.
    “Operation Stork Speed brings radical transparency to ingredients in infant formula and puts science front and center,” said HHS Secretary Robert F. Kennedy, Jr. “Every child has a fundamental right to a healthy start. We’re giving parents the truth and the tools to make that happen. You can’t Make America Healthy Again if we don’t fix what nourishes our youngest and most vulnerable Americans.”
    Through the RFI, the FDA is seeking public input to help determine whether existing nutrient requirements should be revised based on the latest scientific data, including international. The agency also welcomes data on potential adjustments to existing minimum or maximum levels, recommendations for additional nutrients to consider, and how such changes may improve health outcomes.  
    Commenters will have 90 days to submit responses. Further information on how to submit a comment can be found here, links to an external website.
    The FDA, under HHS leadership, launched Operation Stork Speed in March 2025, reaffirming the agency’s commitment to infant formula safety and nutritional quality. In addition to today’s RFI, the FDA is increasing testing for heavy metals and other contaminants in infant formula and other food consumed by children. The agency is also encouraging companies to work with the FDA on enhancing transparency and improving labeling clarity.
    “Protecting our most vulnerable is not just a moral duty—it is our responsibility,” said FDA Commissioner Martin A. Makary, M.D., M.P.H. “For many children, infant formula is their only source of nutrition. That’s why it’s absolutely crucial to continually assess the nutrition standards and incorporate gold standard science to ensure we are providing the safest, most effective nutrition possible.”
    As part of the initiative, the FDA will convene a publicly accessible expert panel in June.
    ###

    Boilerplate

    The FDA, an agency within the U.S. Department of Health and Human Services, protects the public health by assuring the safety, effectiveness, and security of human and veterinary drugs, vaccines and other biological products for human use, and medical devices. The agency also is responsible for the safety and security of our nation’s food supply, cosmetics, dietary supplements, radiation-emitting electronic products, and for regulating tobacco products.

    Inquiries

    Consumer:
    888-INFO-FDA

    Content current as of:
    05/13/2025

    Regulated Product(s)

    Follow FDA

    MIL OSI USA News –

    May 14, 2025

  • MIL-OSI Russia: Legalization of illegal income becomes more complicated – Russia restricts transfers without opening an account

    Translation. Region: Russian Federal

    Source: Mainfin Bank –

    How will the transfer limit work?

    Amendments to Federal Law No. 115 will come into effect in Russia on May 30 – the previously adopted document proposes the introduction of the following restrictions:

    the limit for sending funds without opening an account, including through various money transfer systems, will be 100 thousand rubles; a similar limit will apply to wallets and accounts with simplified identification; for transfers in foreign currency, a limit equivalent to the specified amount will also be set.

    There are currently no such limits for transferring funds – if a client wants to send an amount over 15 thousand rubles, he only needs to provide passport details. With smaller amounts, the situation is even more anonymous – identification is not required for sending.

    Why is a new limit being introduced for transfers?

    The authors of the bill, which provides for a limit on transfers without identification or opening a bank account, are confident that the measure will help in the fight against money laundering and the sponsorship of terrorist activities. It will now be more difficult for criminals to send large sums – they will have to make many small transactions, which can also attract attention from jar.

    “Transfers without identification are rarely used by bona fide clients due to high fees – sending funds often requires paying 3-5%, while transactions between accounts are much more profitable,” the lawyer noted.

    Russians were reminded of the possibility of sending money from one account to another or from cards to the card – restrictions will not apply to such transactions. Moreover, the commission for interbank transfers is on average up to 1%, and you can send funds via the SBP free of charge (with a commission of 0.5% when exceeding the limits).

    15:00 05/13/2025

    Source:

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //Mainfin.ru/novosti/ Legalization-nezakonnaya-renewal-is sunk-in-Russia-restore-translates-bez-open-account-accounts

    MIL OSI Russia News –

    May 14, 2025

  • MIL-OSI: Nokia selected by CoreSite for routing-based network edge solution to support data-intensive, mission-critical applications

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    Nokia selected by CoreSite for routing-based network edge solution to support data-intensive, mission-critical applications

    • CoreSite deploys Nokia IP routing portfolio across 30 data centers in 11 U.S. markets as enterprise customers ramp up data-intensive AI and mission-critical requirements.
    • Nokia solution’s massive scale, reliability and power/cooling efficiency are the foundation of low-latency service delivery and superior interconnectivity.

    13 May 2025
    Espoo, Finland – Nokia today announced that it has been selected by CoreSite, an American Tower company (NYSE: AMT) empowering critical business and AI workloads that impact everyday life through interconnected data center solutions, to deliver an IP routing-based edge and core network solution across 30 data centers in 11 U.S. markets. Delivering massive scale, performance and efficiency, the Nokia portfolio will accommodate the intensifying cloud connectivity and interconnection needs of resource-intensive artificial intelligence (AI) and high-performance computing workloads for CoreSite’s nearly 40,000 customer interconnections.

    As CoreSite enterprise, cloud provider and network carrier customers ramp up data-intensive services, the data center infrastructure must deliver high performance and scalable networking to ensure service availability adheres to stringent industry standards. At the same time, a data center space with advanced cooling and ultra high-density power is a must for supporting growth efficiency.

    “Our customers expect best-in-class performance and reliability at every level of the network. By deploying Nokia’s advanced IP routing portfolio across our data center campuses, we ensure that our network edge infrastructure stays ahead of market demands, providing customers with a seamless experience and faster access to mission-critical applications,” said Chris Malayter, Vice President Network and Interconnection at CoreSite.

    The Nokia 7250 Interconnect Router (IXR-s) will provide advanced routing capabilities, carrier-grade reliability and high-capacity throughput as enterprises leverage CoreSite’s colocation centers for data storage and processing, new product and service development and other business operations. The Nokia 7750 Service Router (SR) provides the massive scale, performance and reliability for IP interconnectivity within the data center campuses. In addition, Nokia FP5 silicon supports high throughput and reliability for uninterrupted data flows, and scales traffic with zero deterioration in performance.

    The seamless integration of the Nokia Service Router Operating System (SR OS) with CoreSite’s existing environment will accelerate roll-out times and dramatically reduce operation costs.  

    ”Collaborating with CoreSite has enabled us to drive the performance and scale of its multicloud connectivity and routing core. The integration of the Nokia 7250 IXR-s and 7750 Service Router allows CoreSite to adeptly manage increased traffic demands while ensuring low latency and reliable interconnection services that are essential to the modern digital economy,” said Vach Kompella, Senior Vice President and General Manager, IP Networks at Nokia.

    Resources and additional information
    Product page: Nokia 7250 Interconnect Routers
    Product page: Nokia 7750 Service Router
    Web Page: Noka Data Center Networks

    About Nokia
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    About CoreSite
    CoreSite, an American Tower company (NYSE: AMT), is a leading interconnection data center platform that empowers businesses to future-proof their digital transformation initiatives. For more than 20 years, CoreSite’s purpose-built, highly interconnected data center campuses and team of experts have delivered the cloud-enabled, resilient, and flexible digital ecosystems required for customers to quickly scale and interoperate their businesses to support the increasing demands of critical workloads, like AI and high-density applications. For more information, visit CoreSite.com and follow CoreSite on our Connect[ED] blog, LinkedIn and YouTube channels.

    Media inquiries
    Nokia Press Office
    Email: Press.Services@nokia.com

    CoreSite
    Megan Ruszkowski, Vice President of Marketing and Sales Development 
    Phone: 720-446-2014 
    Email: press@CoreSite.com

    Follow us on social media
    LinkedIn X Instagram Facebook YouTube

    FORWARD-LOOKING STATEMENTS
    Certain statements herein that are not historical facts are forward-looking statements. These forward-looking statements reflect Nokia’s current expectations and views of future developments and include statements regarding: A) expectations, plans, benefits or outlook related to our strategies, product launches, growth management, licenses, sustainability and other ESG targets, operational key performance indicators and decisions on market exits; B) expectations, plans or benefits related to future performance of our businesses (including the expected impact, timing and duration of potential global pandemics and the general or regional macroeconomic conditions on our businesses, our supply chain and our customers’ businesses) and any future dividends and other distributions of profit; C) expectations and targets regarding financial performance and results of operations, including market share, prices, net sales, income, margins, cash flows, cost savings, the timing of receivables, operating expenses, provisions, impairments, taxes, currency exchange rates, hedging, investment funds, inflation, product cost reductions, competitiveness, revenue generation in any specific region, and licensing income and payments; D) ability to execute, expectations, plans or benefits related to changes in organizational structure and operating model; E) impact on revenue with respect to litigation/renewal discussions; and F) any statements preceded by or including “continue”, “believe”, “commit”, “estimate”, “expect”, “aim”, “influence”, “will”, “target”, “likely”, “intend”, “may”, “could”, “would” or similar expressions. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control, which could cause our actual results to differ materially from such statements. These statements are based on management’s best assumptions and beliefs in light of the information currently available to them. These forward-looking statements are only predictions based upon our current expectations and views of future events and developments and are subject to risks and uncertainties that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. Factors, including risks and uncertainties that could cause these differences, include those risks and uncertainties identified in the Risk Factors above.

    The MIL Network –

    May 14, 2025

  • MIL-OSI: Automation Anywhere Takes a Step Towards Artificial General Intelligence for Work with Industry’s First Process Reasoning Engine

    Source: GlobeNewswire (MIL-OSI)

    ORLANDO, Fla., May 13, 2025 (GLOBE NEWSWIRE) — At its annual customer and partner event, Imagine 2025, Automation Anywhere, the leader in Agentic Process Automation (APA), today announced a significant expansion of its APA system that dynamically plans work and orchestrates teams of AI agents, bots, automation and people.    

    The expanded APA system now includes the industry-first Process Reasoning Engine (PRE) – an intelligent AI engine that understands enterprise context and dynamically drives work to achieve outcomes combined with agentic orchestration that can orchestrate agents across vendors. This enhanced APA system also introduces two new AI agents: 1) Enterprise UI Agents, the industry’s first adaptive “computer use” AI agents, and 2) Reasoning AI agents that can be given a goal and then plan, execute work and learn. Together, these innovations represent a leap forward in agentic automation—enabling enterprises to automate even the most mission critical, dynamic business processes at scale.

    “This isn’t just incremental improvement; it’s a fundamental reimagining of how work gets done representing a significant step forward towards AGI for the enterprise,” stated Mihir Shukla, CEO and Co-founder of Automation Anywhere. “Our PRE is a pivotal advancement with specialized insight into processes across industries and departments – from banking and healthcare to manufacturing, finance, operations and customer service.   PRE will fundamentally change how entire departments and companies work, enabling them to go from idea-to-action with speed, and efficiency, further laying the foundation for the autonomous enterprise.”

    PRE: The Intelligence Behind Agentic Automation

    Our competitive edge, the PRE, is what allows Automation Anywhere to leap beyond both the automation capabilities of traditional automation and general-purpose LLMs. This engine fuels our AI Agents with capabilities like generative automation, self-healing automation, and advanced document processing, tailored to each organization’s systems and goals. It enables AI Agents to plan, act, learn and improve, achieving desired outcomes with orchestrated execution. The results are real: 3x higher efficiency building end-to-end automation and 60% greater automation resiliency, far beyond what standalone LLMs or traditional automation can achieve.

    Enterprise UI Agents: Automate Any Interface Like a Human

    A key innovation within the APA system is the introduction of UI Agents built for Enterprise needs – adaptive “computer use” AI Agents that interact with web-based enterprise application with human-like understanding. These agents understand context, adapt in real time, and execute complex, multi-step tasks across dynamic web interfaces—enabling automation at a level of flexibility and speed not possible with traditional approaches. They are really unlocking high value use cases like website tracking, real-time price monitoring, identity verification, and credentialing.

    “At Alight, we support 70% of the Fortune 100 in delivering benefits through our Alight Worklife® platform, and Open Enrollment is a major moment for our clients in helping them engage their people in their available benefits for the year ahead,” said Rahul Patet, Agentic AI-based Automation Leader at Alight. “Each year, clients make some changes to their benefit plans ahead of the Open Enrollment season. Testing these changes and ensuring everything is ready to go traditionally required months of effort and hundreds of team members. By implementing Automation Anywhere’s Adaptive Enterprise UI Agents, we now streamline the process through AI-powered testing that authenticates, navigates enrollment scenarios, and completes flows autonomously. This innovation significantly reduces testing timeframes while enhancing the consistency and quality of the experience for our platform users, ensuring our clients are all set for a successful annual enrollment season.”

    Agentic Orchestration: Automate Mission-Critical Work Across Agents, Systems, Bots and People

    The APA system’s powerful orchestration engine is specifically designed to orchestrate long-running, mission-critical processes, integrating not just AI Agents, but also RPA bots, APIs, documents, and human interactions. Whether it’s accounts payable, physician credentialing, or supplier onboarding, the APA system orchestrates dynamic actions across platforms, seamlessly and reliably.

    To make this orchestration truly scalable and intelligent, the APA system is built for open interoperability — connecting with today’s most advanced AI ecosystems and tools. By supporting emerging interoperability standards like GCP’s Agent-to-Agent (A2A) protocol and Anthropic’s Model Context Protocol (MCP), we ensure secure coordination across diverse agent ecosystems and future-proofing enterprise automation strategies. It empowers customers to design, execute, observe, and manage intricate workflows that connect both internal and external agents, including those built on leading platforms like AWS Bedrock, Google Agentspace, Microsoft CoPilot, and Salesforce Agentforce.

    By combining cognitive AI Agents with deterministic automation on a single enterprise-grade platform, the APA system empowers organizations to automate up to 80% of their operations and accelerate measurable business outcomes with greater speed and efficiency.

    Automation Anywhere Prioritizes Built-In AI Security and Governance

    The APA system is built with enterprise-grade security, governance, and trust at its core. With capabilities such as PII data masking, AI guardrails and real-time observability, it enables organizations to scale automation responsibly. Crucially, customer data is never used to train underlying automation models—a foundational principle of Automation Anywhere’s approach to privacy and enterprise-grade agentic AI.

    With security embedded by design, Automation Anywhere’s APA system is built to augment human capabilities, not replace them. Automation Anywhere’s focus on secure and governed AI environment fosters greater efficiency and creativity within teams, establishing AI as a dependable and trustworthy partner in the agentic automation journey.

    “What Automation Anywhere is doing with PRE and APA is a big moment for enterprise automation efficiency,” said Maureen Fleming, Program VP, Worldwide Intelligent Process Automation Market Research at IDC. “AAI has systematically collected data about task execution for several years, and is now able to combine that with intelligent, goal-driven reasoning to speed up the development of agentic capabilities used in business processes while operating in a much more deterministic fashion than with the broader LLMs.”

    About Automation Anywhere

    Automation Anywhere is the leader in Agentic Process Automation (APA) and is guided by its vision to fuel the future of work by unleashing human potential through automation. Learn more at www.automationanywhere.com

    Media Contact:
    Susan Torrey
    susan.torrey@automationanywhere.com
     650-492-1921

    The MIL Network –

    May 14, 2025

  • MIL-OSI: Pioneer Insurance Agency Inc. Accelerates CL Quoting Workflows with Epic Quotes Commercial Lines

    Source: GlobeNewswire (MIL-OSI)

    Chicago, IL., May 13, 2025 (GLOBE NEWSWIRE) — Applied Systems® today announced that Pioneer Insurance Agency, Inc. a subsidiary of Pioneer Bank, National Association (“Pioneer”), has selected Epic Quotes Commercial Lines to create a faster, more connected approach to quoting new CL business. Applied Epic’s native integration of commercial lines quoting provides the agency with appetite visibility capabilities to quickly identify markets and obtain multiple quotes that can be presented to clients in a timely fashion, creating a better customer experience that will assist with cross-selling efforts.

    “As a one-stop solution for our clients’ financial needs, we understand the importance of providing an innovative, seamless insurance experience, and the multi-day, email-based quoting process did not meet our client experience standards or allow for scalable growth,” said Todd Shepersky, vice president, insurance agency manager, Pioneer. “Epic Quotes Commercial Lines allows us to quote multiple markets simultaneously and present quotes to our clients quickly, delivering the near-instant service they’ve come to expect in today’s digital world and positioning our insurance business for rapid growth.”

    Epic Quotes Commercial Lines is a single-entry multi-carrier comparative rating natively within Applied Epic. Supporting standard commercial lines of business and providing access to more than 35 markets, the solution allows agency staff to seamlessly remarket or quote new business without ever leaving the management system. Epic Quotes for Commercial Lines uses a single data source for the quoting and application process and leverages insight-driven workflows to initiate remarketing, simplifying the bridge-to-portal bind experience and creating a connected commercial lines experience.

    “Agents traditionally spend several hours manually producing just one commercial lines quote, limiting the number of policies an agent can quote, and in turn, inhibiting commercial lines growth,” said Anupam Gupta, chief product officer, Applied Systems. “Epic Quotes Commercial Lines enables agents to collect data, compare in-appetite markets and initiate the bind process all natively embedded in one system, creating a faster commercial lines quoting experience that enhances the customer experience and propels growth.”

    # # #

    The Applied products and logos are trademarks of Applied Systems, Inc., registered in the U.S.

    About Applied Systems
    Applied Systems is the leading global provider of cloud-based software that powers the business of insurance. Recognized as a pioneer in insurance automation and the innovation leader, Applied is the world’s largest provider of agency and brokerage management systems, serving customers throughout the United States, Canada, the Republic of Ireland, and the United Kingdom. By automating the insurance lifecycle, Applied’s people and products enable millions of people around the world to safeguard and protect what matters most.

    About Pioneer
    Pioneer is a bank holding company whose wholly owned subsidiary is Pioneer Bank, National Association. Pioneer provides diversified financial services through Pioneer Bank, National Association and its subsidiaries, with 23 [SJ1] offices in the Capital Region of New York State, and offers a broad array of deposit, lending, and other financial services to individuals, businesses, and municipalities. Pioneer Bank, National Association is a national bank whose wholly owned subsidiaries are Pioneer Commercial Bank, Pioneer Insurance Agency, Inc. and Pioneer Financial Services, Inc. For more information on Pioneer, please visit www.pioneerny.com.

    The MIL Network –

    May 14, 2025

  • MIL-OSI: Pythian’s Vanessa Simmons and Donna Williston Again Named to CRN’s 2025 Women of the Channel List

    Source: GlobeNewswire (MIL-OSI)

    OTTAWA, Ontario, May 13, 2025 (GLOBE NEWSWIRE) — Pythian Services Inc. (“Pythian”), a leading global services company specializing in data, analytics, and AI solutions, is proud to announce today that CRN®, a brand of The Channel Company, has recognized Vanessa Simmons, Senior Vice President of Business Development, and Donna Williston, Director of Alliances, on the Women of the Channel list for 2025. Simmons and Williston were similarly recognized last year by CRN. Simmons has been recognized on the Women of the Channel list for seven consecutive years, and also was named on the CRN Women of the Channel Power 80 Solution Provider list for 2025—a prestigious list that celebrates industry leaders who contribute to impactful business outcomes through innovation.

    CRN’s annual Women of the Channel list recognizes women whose leadership, vision, and advocacy within the IT channel significantly contribute to business growth and innovation. The honorees are chosen for their inventive strategies and leadership, showing a steadfast commitment to the channel’s advancement.

    “Both Vanessa and Donna are highly deserving of this prestigious recognition from CRN,” said Brooks Borcherding, CEO of Pythian. “Their unwavering commitment to excellence and forward-thinking approaches have been instrumental in Pythian’s growth, propelling our organization toward the accomplishment of great achievements—such as being named Google Cloud Databases Partner of the Year for North America.”

    The strong state of Pythian’s partnership ecosystem is due to Vanessa Simmons’ ambitiously innovative leadership and steadfast focus on making Pythian a premier service provider that stays on the cutting edge of advantage-driving platform solutions. Donna Williston’s innate ability to foster cross-collaboration and inspire the best in others as they work together toward a common goal has allowed her to continually enhance key strategic partnerships that enrich Pythian’s capabilities and benefit its customers.

    The Women of the Channel list will be featured in CRN Magazine in June, which will be published in print and online at www.crn.com/magazine. To learn more about the impactful solutions Simmons, Williston and the entire Pythian team guide their customers toward, register for one of our Google Cloud Workshops to determine the business value you could uncover for your organization.

    About The Channel Company

    The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers, and end-users. Backed by over 40 years of unequaled channel experience, we draw from our deep knowledge to envision innovative solutions for ever-evolving challenges in the technology marketplace. For more information, visit www.thechannelcompany.com or follow The Channel Company on X and LinkedIn.

    About Pythian

    Founded in 1997, Pythian is a leading data and AI services provider specializing in digital transformation and operational excellence for enterprise customers. We help organizations optimize their data estates, helping them to drive AI enablement, innovation, and growth. Through strategic consulting, managed services and cloud migrations, we enable cost savings, risk reduction and seamless operations while preparing businesses to adopt AI and for the future of data management. A Google Cloud Premier Partner with multiple Specializations, including Data Analytics, Marketing Analytics, Machine Learning and a certified Google Cloud MSP, we’ve delivered thousands of professional and managed services projects for leading enterprises. For more information, visit www.pythian.com or follow us on X, LinkedIn, and our Blog.

    Pythian Media Contacts

    Matt Malanga
    Senior Vice President, Marketing
    mmalanga@pythian.com    		 Elisabeth Grant
    Branch Out Public Relations
    egrant@branchoutpr.com
    +1 612-599-7797

    The MIL Network –

    May 14, 2025

  • MIL-OSI: Revenera Monetization Platform Delivered 426% ROI, According to Total Economic Impact Study

    Source: GlobeNewswire (MIL-OSI)

    ITASCA, Ill., May 13, 2025 (GLOBE NEWSWIRE) — Revenera, producer of innovative platforms that help technology companies build better products, accelerate time-to-value, and monetize what matters, today announced the findings of The Total Economic Impact™ (TEI) of Revenera, a commissioned study conducted by Forrester Consulting. The study illustrates how Revenera’s customers benefited from new software monetization models, effective entitlement management, improved compliance, and accelerated time to market.

    The 2025 study aggregates the experiences of four multinational organizations in the cybersecurity, energy, engineering technology, and manufacturing fields, each with experience using Revenera. Forrester reviewed the interviewees’ experiences, combining the results to represent a single composite organization: a global enterprise with 5,000 employees, specializing in software and technology solutions and generating $2 billion in annual revenue. The study highlights a three-year 426% return on investment (ROI) and net present value (NPV) of $28.8 million for the composite organization.

    “The Total Economic Impact™ of Revenera study by Forrester illustrates how companies can leverage Revenera to strategically grow their revenue and significantly improve operational efficiency. It directly impacts the most important business metrics for any technology company: ARR growth, customer satisfaction and compliance management,” said Nicole Segerer, general manager at Revenera.

    Key Results of the Study

    Benefits of Revenera, as revealed by the study’s evaluation of the composite organization, include:

    • Return on investment: 426% over three years. Variables contributing to this ROI include growth in incremental revenue from automated software licensing and entitlement management for new product releases, revenue from transitioning from perpetual- to subscription-based licensing, and improved compliance, such as the recapture of software revenue leakage.
    • Rapid payback period: The point in time at which net benefits (benefits minus costs) equal initial investment or cost is <6 months.
    • Accelerated time to market for new software licensing models: Revenera’s automated software and entitlement management accelerated time to market by streamlining processes that previously were performed manually. This resulted in a 90% reduction in time to enable licensing and entitlement by year 3 with Revenera.
    • Process improvements: Additional unquantified benefits of Revenera include streamlined global compliance, improved customer experience, increased sales opportunities due to improved visibility, and support from Revenera to ensure that licensing solutions remain aligned with the organization’s evolving needs.

    Customer Perspectives
    Anonymized customers interviewed by Forrester highlighted the value of deploying Revenera:

    • “The value here is clear: we’re able to do in a month what used to take over a year. Now, when we onboard a new product, it’s just a small portion of our standard work process, rather than a major challenge that we need to figure out. Previously, this was considered a high-risk area of our development process, but now, it’s a well-established part of each project. It means we can launch new products faster.” —product manager, manufacturing
    • “Our decision to move to Revenera was driven by the need to improve our financials for one of our [core offerings]. We realized we were significantly underselling its value, and with a major revenue shift ahead, we needed full visibility into our customer base. We needed to know who our customers were, what they had, and how they were using it.” —director of digital operations, energy
    • “Why did we choose Revenera over the others? Well, we already had an existing relationship, and frankly, Revenera showed a greater interest in what we were trying to achieve from a future-looking perspective. The relationship, combined with their willingness to explore long-term opportunities, made them the stronger partner.”—director, research & development, engineering technology
    • “Historically, we did not pursue customers who were slightly over-provisioned unless it was a gross overuse case. We often waited until renewal cycles to address discrepancies. However, Revenera gives us the capability to track software usage with more precision, particularly for term licenses, and decide when and how to take action. The data it provides allows us to evaluate and take action with more confidence should we need to enforce over-provisioning penalties.”—vice president, product, cybersecurity

    Download The Total Economic Impact™ of Revenera study at info.revenera.com/SWM-RPT-Forrester-Total-Economic-Impact.

    Follow Revenera

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

    The MIL Network –

    May 14, 2025

  • MIL-OSI: AMD Unveils EPYC 4005 Series Processors, Delivering Workload-Optimized Solutions for Entry-Level Enterprise

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif., May 13, 2025 (GLOBE NEWSWIRE) — AMD (NASDAQ: AMD) today announced the launch of AMD EPYC™ 4005 Series processors. These purpose-built processors enable right-sized solutions with enterprise-class features and leadership performance for small and medium businesses and hosted IT service providers.

    AMD EPYC 4005 Series CPUs deliver the performance, features and efficiency growing businesses need to power everything from enterprise applications and virtualized environments to dedicated, all-day hosted services in the cloud. Utilizing the same proven and widely deployed AM5 socket used for the AMD EPYC 4004 Series CPUs, the EPYC 4005 Series delivers an innovative compute solution for a broad set of enterprise-class form factors like servers, blades and towers. In testing on the Phoronix test suite, the EPYC 4565P 16-core bests the top-of-stack 6th generation Intel Xeon 6300P by 1.83x1.

    “Growing businesses and dedicated hosters often face significant constraints around budget, complexity, and deployment timelines,” said Derek Dicker, corporate vice president, Enterprise and HPC Business Group, AMD. “With the latest AMD EPYC 4005 Series CPUs, we are delivering the right balance of performance, simplicity, and affordability, giving our customers and system partners the ability to deploy enterprise-class solutions that solve everyday business challenges.”

    Exceptional Performance and Cost-Efficient Operation

    AMD EPYC 4005 Series processors enable a wide array of broadly deployed enterprise solutions and are supported by leading partners and customers including Altos, ASRock Rack, Gigabyte, Lenovo, MiTAC, MSI, New Egg, OVHcloud, Supermicro and Vultr.

    “With AMD EPYC 4005 Series processors, Lenovo is providing tailored solutions that prepare small businesses for the AI era,” said Senthil Reddy, Executive Director of Product Management for Infrastructure Solutions Group, Lenovo. “Together, we’re enabling cost-effective, reliable systems that provide enterprise-class features for growing businesses.”

    “The AMD EPYC 4005 Series CPUs deliver the compute performance and energy efficiency that our customers have come to expect, in a streamlined platform that supports cost-effective, always-on services,” said Yaniv Fdida, Chief Product and Technology Officer, OVHcloud. “Coupled with OVHcloud’s Open and Trusted Cloud infrastructure, these solutions provide outstanding performance price ratio and scalability for innovative and demanding workloads.”

    “We’re excited to expand our portfolio with systems powered by AMD EPYC 4005 Series processors, bringing new levels of value to customers seeking efficient, cost-optimized performance,” said Vik Malyala, President & Managing Director EMEA, SVP, Technology & AI, Supermicro. “From our 3U MicroCloud multi-node platforms to our 1U and 2U mainstream server families, these solutions offer a compelling mix of performance, power efficiency, and deployment flexibility. With support for technologies like PCIe 5.0 and DDR5 memory, we’re enabling IT administrators to deliver more services at lower latency.”

    “Vultr is pleased to announce the immediate availability of Bare Metal and Cloud Compute instances featuring AMD EPYC 4005 Series processors,” said J.J. Kardwell, CEO of Vultr. “The AMD EPYC 4005 Series provides straightforward deployment, scalability, high clock speed, energy efficiency, and best-in-class performance. Whether you are a business striving to scale reliably or a developer crafting the next groundbreaking innovation, these solutions are designed to deliver exceptional value and meet demanding requirements now and in the future.”

    Model  “Zen 5”
    Cores /
    Threads    		 L3
    Cache
    (MB)         		 Default
    TDP (W)         		 FBase
    (GHz)    		 FMax Boost
    (GHz)2    		 Price (1KU,
    USD)
    4565P  16 / 32 64  170  4.3 5.7 $589
    4545P  16 / 32 64  65  3.0 5.4 $549
    4465P  12 / 24 64  65  3.4 5.4 $399
    4345P  8 / 16 32  65  3.8 5.5 $329
    4245P  6 / 12 32  65  3.9 5.4 $239
    4585PX  16 / 32 128  170  4.3 5.7 $699

    Supporting Resources:

    About AMD
    For more than 50 years AMD has driven innovation in high-performance computing, graphics and visualization technologies. Billions of people, leading Fortune 500 businesses and cutting-edge scientific research institutions around the world rely on AMD technology daily to improve how they live, work and play. AMD employees are focused on building leadership high-performance and adaptive products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website, blog, LinkedIn and X pages.

    AMD, the AMD logo, EPYC, and combinations thereof are trademarks of Advanced Micro Devices, Inc. PCIe is a registered trademark of PCI-SIG Corporation. Other product names used may be trademarks of their respective owners.

    1E4K-021: Geometric Mean of 416 results based on Phoronix Test Suite paid testing as of 04/01/2025.
    1P 16C AMD EPYC 4565P-powered server (170W TDP, $589 CPU $, 2 x 32GB DRAM-5600MT/s Kingston, 3201GB Micron_7450_MTFDKCC3T2TFS + 960GB SAMSUNG MZ1L2960HCJR-00A07)
    1P 8C Intel Xeon 6369P-powered server (95W TDP, $606 CPU $, 2 x 32GB DRAM-4800MT/s Kingston, 3201GB Micron_7450_MTFDKCC3T2TFS)
    Model Geomean Rel2488 Rel6369P
    6369P 233.101 1.036 1.000
    4565P 426.123 1.894 1.828
    AMD 1Ku pricing and Intel ARK.intel.com specifications and pricing as of 4/01/2025. Testing not independently verified by AMD.

    2EPYC-018: Max boost for AMD EPYC processors is the maximum frequency achievable by any single core on the processor under normal operating conditions for server systems.

    Contact:
    Aaron Grabein
    AMD Communications
    +1 512-602-8950 
    aaron.grabein@amd.com

    Liz Stine
    AMD Investor Relations
    (720) 652-3965
    liz.stine@amd.com

    The MIL Network –

    May 14, 2025

  • MIL-OSI: Appointment of new Non-Executive Director

    Source: GlobeNewswire (MIL-OSI)

    13 May 2025

    Appointment of new Non-Executive Director

    Admiral Group plc (“Admiral”) is pleased to announce the appointment of Paola Bonomo as an Independent Non-Executive Director with effect from 12 May 2025.

    Paola brings with her a wealth of international leadership experience in strategy, digital technology, and transformation. She spent 14 years in strategy consulting with McKinsey, specialising in technology and telecommunications. Paola spent 10 years in operational leadership roles in digital, including senior positions at eBay, Vodafone, and, latterly, Facebook where Paola was the Global Marketing Solutions Regional Director for Southern Europe.

    Paola was a Non-Executive Director of AXA Assicurazioni S.p.A., the Italian operating entity of the AXA Group, from 2014 until April 2025 and had been a member of its Audit, Internal Control and Risk, and Remuneration Committees.

    Paola is currently a Non-Executive Director of FAAC S.p.A., an international group providing access automation, parking and access control solutions. Further, Paola is a Non-Executive Director of Infrastrutture Wireless Italiane S.p.A. (INWIT), the leading Italian telecommunications tower operator. Further, Paola serves as Vice Chair of Italian Angels for Growth, where she is an angel investor and advisor to digital startups.

    Paola has extensive board experience in both public and private companies, holding recent Non-Executive Director roles in a number of digital, telecoms, and retail companies. Paola has recently been a Non-Executive Director of Telecom Italia, listed on the Italian Stock Exchange, where she chaired the Nomination and Remuneration Committee, stepping down in 2024. She was a Non-Executive Director and member of the Audit Committee at Crystal Peak Acquisition, a special purpose acquisition company listed on Euronext Amsterdam, leaving this position in 2023. Paola was also a Non-Executive Director and Chair of the Remuneration and Nomination Committees at Piquadro S.p.A., a fashion group operating a portfolio with brands Piquadro, The Bridge and Lancel, listed on the Italian Stock Exchange, leaving in 2022.

    Paola holds an MBA from the Stanford Graduate School of Business and a degree in business administration from Università Commerciale Luigi Bocconi, Italy.

    Mike Rogers, Chair of the Admiral Board, said:
    “I am pleased to appoint Paola to the Board. She has significant knowledge of the international financial services sector and extensive experience in digital transformation, gained whilst working for several well-known consumer-facing brands. Paola has achieved a lot of success in her executive and non-executive roles, and I believe that her insights will prove valuable as the Group continues to deliver against its strategy.”

    Paola Bonomo, incoming Non-Executive Director, said: 
    “I am honoured to be joining Admiral’s Board. Admiral has established itself as a leading personal lines insurer in the UK by focusing on data to better understand and anticipate customers’ needs. I am looking forward to working with the rest of the Board and the management team to support the Group’s ambition to deliver long-term sustainable growth in its businesses in the UK and Mainland Europe.”

    Milena Mondini de Focatiis, CEO of Admiral Group, said
    “On behalf of all my colleagues I would like to welcome Paola to Admiral. The Group continues to evolve, and I look forward to working with Paola and the rest of the Board to ensure that we continue to meet the needs of our growing customer base.”

    Effective on 12 May 2025, Paola will be appointed to the Admiral Group Remuneration Committee. From 12 May 2025 the members of the Remuneration Committee will be Karen Green (Chair), Justine Roberts, Mike Brierley and Paola Bonomo.

    This announcement is made pursuant to Listing Rule 6.4.6R. In accordance with LR 6.4.8R, the Company confirms that there is no further information to be disclosed in terms of LR 6.4.8R (1) to LR 6.4.8R (6) inclusive in respect to Paola Bonomo.

    Notes to Editors

    About Admiral Group
    Admiral Group plc is a leading FTSE 100 financial services company offering motor, household, travel and pet insurance as well as personal lending products. Established in 1993 in the UK, the Group now has offices in Canada, France, Gibraltar, India, Italy, Spain, and the US.

    For further information please contact:

    Media:        
    Addy Frederick                                Addy.Frederick@admiralgroup.co.uk         

    Investors/ Analysts:        
    Diane Michelberger                         InvestorRelationsTeam@admiralgroup.co.uk

    The MIL Network –

    May 14, 2025

  • MIL-OSI: NordPass wins Global InfoSec Award for Passwordless Authenticator

    Source: GlobeNewswire (MIL-OSI)

    LONDON, May 13, 2025 (GLOBE NEWSWIRE) — NordPass, the secure password manager developed by the cybersecurity experts behind NordVPN, has been named a winner at the Cyber Defense Magazine Global InfoSec Awards 2025, earning top recognition for its Passwordless Authenticator. The award celebrates NordPass’s leadership in eliminating traditional passwords and advancing secure, frictionless authentication experiences for users and businesses alike.

    At the heart of this innovation is Authopia, NordPass’s turnkey passwordless authentication platform for enterprises. Built on FIDO2 standards, Authopia enables seamless passkey-based logins, helping businesses reduce account takeover risks and improve the user experience. To accelerate adoption, NordPass has made Authopia free to use for all organizations.

    NordPass has also introduced passwordless login to its own vault, allowing users to access their accounts via biometrics – eliminating the need to repeatedly enter master passwords. Additionally, it supports cross-platform passkey storage and integrations with identity providers like Azure Active Directory, Google Workspace, and major SSO solutions.

    “This award reaffirms our belief that passwordless authentication isn’t just the future – it’s what businesses need today. From biometric login to enterprise integrations, we’re delivering practical, secure tools that help people and companies move beyond passwords for good,” says Karolis Arbaciauskas, head of business product at NordPass.

    The Global InfoSec Awards, presented annually by Cyber Defense Magazine, recognize cybersecurity companies that demonstrate innovation and measurable impact. Winners were announced during the RSA Conference 2025, one of the industry’s most influential global events.

    ABOUT NORDPASS

    NordPass is a password manager for both business and consumer clients. It’s powered by the latest technology for the utmost security. Developed with affordability, simplicity, and ease of use in mind, NordPass allows users to access passwords securely on desktop, mobile, and browsers. All passwords are encrypted on the device, so only the user can access them. NordPass was created by the experts behind NordVPN — the advanced security and privacy app. For more information: nordpass.com.

    ABOUT GLOBAL INFOSEC AWARDS

    The Global InfoSec Awards are presented annually by Cyber Defense Magazine, a leading industry publication focused on cybersecurity innovation. The awards honor companies and solutions that demonstrate outstanding leadership, innovation, and measurable impact in information security. Winners are selected by a panel of certified cybersecurity professionals and announced during the RSA Conference, one of the world’s premier cybersecurity events.
    For more information: cyberdefenseawards.com

    More information: gabriele.gecaite@nordsec.com

    The MIL Network –

    May 14, 2025

  • MIL-OSI: Baby Supplies Donated by Topline Financial Credit Union Members and Employees

    Source: GlobeNewswire (MIL-OSI)

    MAPLE GROVE, Minn., May 13, 2025 (GLOBE NEWSWIRE) — TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, held their fourth annual diaper and wipe drive during the month of April benefitting three local non-profits, Avenues for Youth, Hope 4 Youth and YMCA of the North Youth and Family Services. TopLine members and employees generously donated diapers, wipes, and other baby care items to help bring comfort to families in need in our local communities.

    Employees were able to participate by donating baby care items and money in exchange for a “Foundation Friday/Saturday” sticker, allowing them to wear jeans to work. TopLine and community members could also purchase items from the credit union’s Amazon Wishlist or Target Registry and have them delivered directly to TopLine, and in return delivered to the charitable partners. When the program ended TopLine employees and members had donated over 1,154 diapers, 63 packs of wipes and $1,160 in cash to assist local individuals and families.

    “We are dedicated to collaborating with our community non-profit partners to address their current needs,” stated Mick Olson, President and CEO of TopLine. “Our people-first philosophy is exemplified by the generosity of our donors, and we sincerely appreciate their compassion in supporting others through challenging times.”

    Avenues for Youth provides emergency shelter, short-term housing and supportive services for homeless youth in a safe and nurturing environment. There are over 6,000 homeless youth in Minnesota each night. Avenues shelters in Brooklyn Park and Minneapolis help over 300 youth. Visit www.avenuesforyouth.org to learn more.

    Hope 4 Youth is a nonprofit organization in Anoka County that helps young people, ages 16-24, who are experiencing homelessness in the northern Twin Cities metro area. To learn more, visit www.hope4youthmn.org.

    The YMCA of the North Youth and Family Services is a leading nonprofit dedicated to strengthening communities through youth development, healthy living and social responsibility. To learn more about the Y’s mission and work, visit ymcanorth.org/youthandfamilyservices.   

    TopLine Financial Credit Union, a Twin Cities-based credit union, is Minnesota’s 9th largest credit union, with assets of over $1.1 billion and serves over 70,000 members. Established in 1935, the not-for-profit financial cooperative offers a complete line of financial services from its ten branch locations — in Bloomington, Brooklyn Park, Champlin, Circle Pines, Coon Rapids, Forest Lake, Maple Grove, Plymouth, St. Francis and in St. Paul’s Como Park — as well as by phone and online at www.TopLinecu.com or www.ahcu.coop. Membership is available to anyone who lives, works, worships, attends school or volunteers in Anoka, Benton, Carver, Chisago, Dakota, Hennepin, Isanti, Kanabec, Mille Lacs, Pine, Ramsey, Scott, Sherburne, Washington and Wright counties in Minnesota and their immediate family members, as well as employees and retirees of Anoka Hennepin School District #11, Anoka Technical College, Federal Premium Ammunition, Hoffman Enclosures, Inc., GRACO, Inc., and their subsidiaries. Visit us on our Facebook or Instagram. To learn more about the credit union’s foundation, visit www.TopLinecu.com/Foundation.

    CONTACT:
    Vicki Roscoe Erickson
    Senior Vice President and Chief Marketing Officer
    TopLine Financial Credit Union
    verickson@toplinecu.com | 763.391.0872

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dac3fb31-6583-484a-91c4-f23fca2a0220

    The MIL Network –

    May 14, 2025

  • MIL-OSI: Alps Alpine Adopts Silvaco’s Jivaro Pro to Accelerate SPICE Post-Layout Simulation

    Source: GlobeNewswire (MIL-OSI)

    Key Highlights

    • Alps Alpine selects Jivaro Pro to improve designer productivity and safeguard time-to-market goals
    • Jivaro Pro is a unique stand-alone tool offering advanced parasitic reduction to dramatically accelerate SPICE simulations by up to 15x for designs down to 3nm
    • Jivaro Pro seamlessly fits into existing flows and is simulation-and extraction-tool agnostic, providing designers with flexibility and usability

    SANTA CLARA, Calif., May 13, 2025 (GLOBE NEWSWIRE) — Silvaco Group, Inc. (“Silvaco”) (NASDAQ: SVCO), a leading provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced that Alps Alpine Co., Ltd., an electronics company that manufactures and markets various sensors, electronic components, audio equipment, and in-car navigation systems in the automotive and consumer markets, has adopted Jivaro Pro™, a best-in-class solution for the development and verification of integrated circuits (ICs), including sensor conditioning ICs that support sensor products. Jivaro Pro is a unique stand-alone tool that dramatically speeds up SPICE simulations, accelerating productivity, enabling increased verification coverage and reducing design schedule risk.

    Adopted by leading semiconductor companies worldwide for technologies from 180nm down to 3nm, Jivaro Pro accelerates SPICE simulation speeds by up to 15x by significantly reducing post-extraction netlists while maintaining high accuracy. Compared to embedded generic reduction in extractors or simulators, Jivaro Pro is unique in the degree and flexibility of parasitic reduction strategies it offers to designers. These benefits minimize the cost of simulation while ensuring timely project completion.

    With the addition of Jivaro Pro to its development flow, Alps Alpine Co., Ltd. aims to accelerate the development of high-precision sensor products, bringing them to market faster.

    “The introduction of Jivaro Pro is consistently reducing post-layout SPICE simulation run times while maintaining accuracy, with at least a 5X improvement observed at the 40nm and 55nm nodes. We expect to see a substantial improvement in engineering productivity as post-layout simulation times have been significantly reduced for many blocks, accelerating our overall timeline”, said Yasuyuki Hattori, Senior Manager of IC Engineering Dept. Engineering Headquarters at Alps Alpine Co., Ltd.

    Jivaro Pro seamlessly fits into existing flows and is simulation and extraction tool agnostic, providing designers with flexibility and usability. With a rich set of features, Jivaro Pro offers engineers an ideal solution for a broad set of designs and challenges.

    “Developing the most advanced and sophisticated integrated circuits requires the most advanced and sophisticated tools,” said Dan Fitzpatrick, Vice President and general manager of the EDA business unit at Silvaco. “Jivaro Pro is a key component in Silvaco’s Analog Custom Design tool portfolio offering designers the tools needed to exceed their design goals while minimizing simulation costs and reducing design-cycle risk.”

    About Silvaco Group, Inc.
    Silvaco is a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation. Silvaco’s solutions are used for semiconductor and photonics processes, devices, and systems development across display, power devices, automotive, memory, high performance compute, foundries, photonics, internet of things, and 5G/6G mobile markets for complex SoC design. Silvaco is headquartered in Santa Clara, California, and has a global presence with offices located in North America, Europe, Brazil, China, Japan, Korea, Singapore, and Taiwan. Learn more at silvaco.com.

    Contacts
    Media Relations:
    Tiffany Behany, press@silvaco.com

    Investor Relations:
    Greg McNiff, investors@silvaco.com

    The MIL Network –

    May 14, 2025
←Previous Page
1 … 780 781 782 783 784 … 2,041
Next Page→
NewzIntel.com

NewzIntel.com

MIL Open Source Intelligence

  • Blog
  • About
  • FAQs
  • Authors
  • Events
  • Shop
  • Patterns
  • Themes

Twenty Twenty-Five

Designed with WordPress