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Category: Business

  • MIL-OSI Global: How was the Earth built?

    Source: The Conversation – USA – By Alexander E. Gates, Professor of Earth and Environmental Science, Rutgers University – Newark

    The Earth formed in a ring of debris around the Sun, like the one around Vega, a bright star, in this artist’s conception. NASA/JPL-Caltech

    Curious Kids is a series for children of all ages. If you have a question you’d like an expert to answer, send it to CuriousKidsUS@theconversation.com.

    How was the Earth built? – Noah, age 5, Florida

    It isn’t easy to figure out how the Earth was built, because it happened 4½ billion years ago, and no one was there to watch. So scientists have had to look at what the Earth looks like now and at all of the other planets, moons and debris in the solar system.

    They’ve concluded that the Earth was built in the same way that you would build a big snowball to make a snowman. The mass that would become our home rolled through planetary debris – rocks floating in space – for more than 100 million years, adding more and more material, until it grew into a full-size planet.

    How do scientists like me know this is what happened? First, studies of the size, composition and location of asteroids and comets, many of which are as old as the Earth, indicate that 4½ billion years ago the solar system looked the way Saturn looks today, with rings of space rocks orbiting around the Sun. There’s still one such ring around the Sun – it’s called the asteroid belt and lies between Mars and Jupiter, with the Sun’s gravity holding the rocks in orbit.

    The solar system that includes Earth formed from a spinning disk of dust and gases.

    All of the other bodies that we know as planets today began as similar rings of space debris. An eddy, or area of rolling, developed in each of these rings and caused the debris to clump up in a snowball effect. But these pieces of debris were asteroids that smashed violently into the growing planets.

    We can see those impacts on planets and moons whose surfaces haven’t weathered or reformed. If you look at the Moon or the planet Mercury, you can see that they are covered with craters from asteroid impacts.

    When asteroids or comets struck these building planets, they crashed into their surfaces at speeds as high as 40,000 to 50,000 miles per hour (65,000 to 80,000 kilometers per hour). The impacts caused huge explosions that emitted massive amounts of dust and broken or melted rock.

    In fact, scientists believe that the Moon was once part of the Earth, until a large asteroid crashed into the Earth so hard that the Moon broke away and shot into space. There, it began orbiting the Earth as it does now.

    Still under construction

    Most big asteroids and comets collided with the Earth when it was young, about 4½ billion years ago. The number of such collisions has steadily decreased ever since. However, at least 100 tons of dust-size space rock rains down on the Earth every day, increasing the size of our planet bit by bit.

    The Earth also collides with space rocks, called meteors, that show up as shooting stars in the night sky. Some of these meteors come from an impact that struck Mars at some point, breaking away rock from the planet surface and shooting it into outer space. These rocks have been falling to Earth ever since.

    What’s the difference between an asteroid and a comet? Asteroids are large space rocks, while comets are large, dirty ice balls. Meteors are smaller − typically the size of pebbles or even dust.

    About 65 million years ago, a huge asteroid struck the Earth in the Gulf of Mexico. The enormous Chicxulub explosion drove large tsunamis throughout the ocean and raised so much dust into the air that it made the dinosaurs go extinct.

    Another large asteroid impact, about 35 million years ago, made a huge crater in the area that is now the Chesapeake Bay, near Washington, D.C. More recently, in 1908, an asteroid likely exploded over Tunguska, Russia, flattening 830 square miles (2,150 square kilometers) of trees. Fortunately, no one lived in the area, so there were no known casualties.

    Barringer Crater in Arizona was caused by a meteor strike about 50,000 years ago. It measures about 0.75 miles (1.2 kilometers) across.
    D. Roddy, USGS/Wikipedia

    Once a mass of space debris was assembled into the Earth, many processes continued to shape the planet’s surface. Wind, water, heat and cold cause rocks to weather and break down and soil to erode. Mountains are created as pieces of Earth’s crust collide and crack. Rivers and glaciers wear down the planet’s surface to make it smoother.

    The Earth is a dynamic planet that is constantly being built, and these processes will continue for billions of years into the future.

    Hello, curious kids! Do you have a question you’d like an expert to answer? Ask an adult to send your question to CuriousKidsUS@theconversation.com. Please tell us your name, age and the city where you live.

    And since curiosity has no age limit – adults, let us know what you’re wondering, too. We won’t be able to answer every question, but we will do our best.

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

    – ref. How was the Earth built? – https://theconversation.com/how-was-the-earth-built-254257

    MIL OSI – Global Reports –

  • MIL-OSI Economics: Press Release: Zion Oil & Gas Announces Gas to Surface Onshore in Israel During Initial Flowback

    Source: Zion Oil and Gas

    Headline: Press Release: Zion Oil & Gas Announces Gas to Surface Onshore in Israel During Initial Flowback

    Press Release: Zion Oil & Gas Announces Gas to Surface Onshore in Israel During Initial Flowback

    Targeted perforation zone and stimulation operations are successful.

     

    DALLAS, Texas, and CAESAREA, Israel, May 5, 2025

    Zion Oil & Gas, Inc. (OTC: ZNOG) announces that initial flowback operations from its Megiddo-Jezreel #1 (MJ-01) well re-entry have resulted in gas reaching the surface onshore in Israel.

    Perforation and stimulation operations were successfully completed, with gas observed at surface during early flowback.

    The well is currently in the stimulation fluid recovery and cleaning phase. Zion is sourcing additional equipment for that to continue flowback testing and conduct volumetric analysis to evaluate reservoir characteristics.

    These efforts are part of Zion’s ongoing plan to assess the well’s production potential.

    About Zion Oil & Gas, Inc.

    Zion Oil & Gas, a U.S. public company traded on OTCQB: ZNOG, is dedicated to exploring for oil and gas onshore in Israel under its Megiddo Valleys License 434 which covers approximately 75,000 acres.

    For more information, visit www.zionoil.com.
     

    “But you, O LORD, sit enthroned forever,
    your renown endures through all generations.
    You will arise and have compassion on Zion,
    for it is time to show favor to her; the appointed time has come.
    For her stones are dear to your servants;
    her very dust moves them to pity.
    The nations will fear the name of the LORD,
    all the kings of the earth will revere your glory.
    For the LORD will rebuild Zion and appear in his glory.
    He will respond to the prayer of the destitute;
    he will not despise their plea.
    Let this be written for a future generation,
    that a people not yet created may praise the LORD”

    Psalm 102:12-18

    FORWARD-LOOKING STATEMENTS: Statements in this communication that are not historical fact, including, but not limited to, statements regarding Zion’s operations or any disruptions thereto and the results therefrom, including timely testing and completion; timely availability, shipment, and receipt of necessary equipment and rig crews; Zion’s ability to discover and produce oil and/or gas in commercial quantities; Zion’s ability to continue as a going concern; operational risks in ongoing exploration efforts including timely resolution of supply and operational disruptions; regulatory approvals, including necessary and timely work visas for crews, needed for exploration within our license and the rig’s operation; the effect of the uncertainties and potential delays associated with wars and skirmishes between Israel, Hamas, and other organizations and/or countries, and liquidity for shareholders on the OTC market are forward-looking statements as defined in the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on assumptions that are subject to significant known and unknown risks, uncertainties, and other unpredictable factors, many of which are described in Zion’s periodic reports filed with the SEC and are beyond Zion’s control. These risks could cause Zion’s actual performance to differ materially from the results predicted by these forward-looking statements. These risks and uncertainties include, but are not limited to, those described in Item 1A in Zion’s Annual Report on Form 10-K, which is expressly incorporated herein by reference, and other factors as may periodically be described in Zion’s filings with the SEC. Zion can give no assurance that the expectations reflected in these statements will prove to be correct and assumes no responsibility to update these statements.

    MIL OSI Economics –

  • MIL-OSI Europe: Press release – EP TODAY – Monday, 5 May

    Source: European Parliament 3

    Last-minute press briefing at 16:30

    The Parliament’s Spokesperson and the Press Service will hold a press briefing on this week’s plenary session at 16:30. Follow the last-minute briefing live.

    Journalists wishing to take part and ask questions should please connect via Interactio.

    Remembering Pope Francis

    After the opening of the plenary session, EP President Roberta Metsola will make a statement on the passing of Pope Francis, followed by contributions from one speaker per political group. MEPs will then observe a minute’s silence.

    Andreas KLEINER

    (+32) 498 98 33 22

    EuroParlPress

    Estefania NARRILLOS

    (+32) 498 98 39 85

    EuroParlPress

    MEP’s expectations for the EU-UK summit on 19 May

    From around 17:45, MEPs, Commissioner Šefčovič and Polish Minister for EU Affairs Szłapka will debate their priorities and demands for the first EU-UK summit on British soil since Brexit. Among other topics, the 19 May summit is expected to focus on defence cooperation, opportunities for young people, and trade issues.

    Viktor ALMQVIST

    (+32) 470 88 29 42

    EP_ForeignAff

    In brief

    Combating fraud. From around 19:00, MEPs will discuss Parliament’s 2023 report on how to protect the EU’s financial interests and combat fraud with Commissioner Serafin. The vote will take place on Tuesday.

    European Investment Bank. From around 20:00, MEPs, EC Vice-President Fitto and Robert de Groot, Vice-President of the European Investment Bank, will assess the Bank’s financial activities in 2023. The vote will take place on Tuesday.

    Economic and social cohesion. From around 21:00, Parliament will debate with EC Vice-President Fitto progress and obstacles to economic and social cohesion in the EU. The vote will take place on Thursday.

    Live coverage of the plenary session can be found on Parliament’s webstreaming site and on EbS+.

    For detailed information on the session, please also see our newsletter.

    Find more information regarding plenary.

    MIL OSI Europe News –

  • MIL-OSI: Cerence AI and Code Factory Collaborate to Bring Voice-Powered Interaction to Self-Service Kiosks

    Source: GlobeNewswire (MIL-OSI)

    BURLINGTON, Mass., May 05, 2025 (GLOBE NEWSWIRE) — Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced an expanded collaboration with its long-time partner and distributor, Code Factory, to introduce VoiceTopping, a new solution that will bring conversational AI to self-service kiosks in a variety of industries. The announcement marks an important step as Cerence AI begins its strategic expansion into new markets, bringing the power of voice interaction to user experiences beyond automotive.

    VoiceTopping integrates embedded voice interaction technology into existing self-service kiosks, adding natural, spoken communication that enables users to hear and respond to on-screen information using their voice. Leveraging Cerence conversational AI, including core voice technologies and speech signal enhancement, VoiceTopping will help make engaging with kiosks simpler and more user-friendly, even in noisy environments. The solution will be particularly relevant in restaurant and hospitality, retail and self-checkout, healthcare, transportation, banking, and entertainment settings. With VoiceTopping, a typical user interaction could go as follows:

    • Kiosk: Hi, how can I help you today?
    • User: Could I see the menu, please?
    • Kiosk: Here you go! (Kiosk displays menu on screen.)
    • User: Show me the burger selection.
    • Kiosk showcases all burgers on screen.
    • User: I would like a Pulled Pork Burger – with BBQ sauce and no onions.
    • Kiosk: Here you go! (Kiosk adds burger to cart.) Would you like to add a drink, or anything else?
    • User: Add a Coke Zero, please.
    • Kiosk: Here you go! (Kiosk adds beverage to cart.)
    • User: That’s everything – I’m ready to check out.
    • Kiosk: Which payment method would you like to use?
    • User: Card, please.
    • Kiosk shows order total and tip options. User completes the transaction.
    • Kiosk: You’re all set!

    “With our decades of experience in conversational AI in the car, we are well versed in the power that voice interaction has to transform user experiences across a wide variety of sectors,” said Brian Krzanich, CEO, Cerence AI. “Expanding our long-term partnership with Code Factory to work together to address the self-service kiosk market is a natural evolution of our technology. Our proven solutions are perfectly suited to transform kiosk experiences, making them faster, more intuitive, and more accessible for users across industries.”

    For users, VoiceTopping will deliver an enhanced UX that enables them to quickly communicate with the kiosk via voice. In addition, as a touchless solution, VoiceTopping will enhance accessibility, a critical step as accessibility requirements, including the European Accessibility Act (EAA), are coming into effect worldwide. For kiosk manufacturers, integration and deployment will be simple – VoiceTopping is a plug-and-play solution that seamlessly integrates with the kiosk, enabling added capabilities without the need for extensive hardware modifications. Ongoing development efforts are enhancing the technology behind VoiceTopping, bringing improved experiences to users.

    “Self-service kiosks are evolving to emulate more human-like interactions, closely replicating the experience of speaking with a human attendant,” said Melanie Endres, CEO, Code Factory. “By leveraging industry-leading voice technology from Cerence AI, VoiceTopping is uniquely positioned for this transformation, enhancing users’ interaction experience with kiosks while also improving manufacturers’ accessibility compliance with evolving regulations in different countries.”

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

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

    Contact Information

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

    The MIL Network –

  • MIL-OSI: GraniteShares ETFs Announces Change to the Investment Objective on one of its Inverse Leveraged ETFs

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) — As announced on March 05, 2025 the investment strategy for the GraniteShares 1x Short COIN Daily ETF (ticker: CONI) will be amended and result in a new fund name and a new leverage factor.

    Effective May 05, 2025, CONI will aim to replicate -2 times the daily variations of Coinbase Global, Inc. The fund will be renamed the GraniteShares 2x Short COIN Daily ETF

    CONI’s CUSIP, ticker and listing venue are not impacted.

    TICKER SYMBOL CURRENT FUND NAME CURRENT LEVERAGE FACTOR NEW FUND NAME NEW LEVERAGE FACTOR
    CONI GraniteShares 1x Short COIN Daily ETF -100 % GraniteShares 2x Short COIN Daily ETF -200 %

    Coinbase Global, Inc. (COIN) is a financial technology company that provides end-to-end financial infrastructure and technology for the crypto economy.

    COIN offers retail users the primary financial account for the crypto economy, institutions a marketplace with a liquidity for transacting in crypto assets, and ecosystem partners technology and services that enable them to build crypto-based applications and accept crypto assets as payment.

    ABOUT GRANITESHARES

    GraniteShares is an entrepreneurial ETF provider focused on providing innovative, cutting-edge alternative investment solutions. It was founded in 2016 by William “Will” Rhind, a well-known figure in the ETF industry, with backing from Bain Capital Ventures and other leading ETF investors. GraniteShares listed its first ETF in the United States in 2017 and its U.S. ETF offerings include a broad-based commodity index fund, physically backed gold and platinum funds and a high-income pass-through securities index fund.

    RISK FACTORS AND IMPORTANT INFORMATION

    Link to Prospectus: https://graniteshares.com/media/qhccrfmc/grsh-coni-prospectus-summary.pdf

    This material must be preceded or accompanied by a Prospectus. Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. Please read the prospectus before investing.

    The Fund is not suitable for all investors. The investment program of the funds is speculative, entails substantial risks and include asset classes and investment techniques not employed by most ETFs and mutual funds. Investments in the ETFs are not bank deposits and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leverage and are willing to monitor their portfolios frequently. For periods longer than a single day, the Fund will lose money if the Underlying Stock’s performance is flat, and it is possible that the Fund will lose money even if the Underlying Stock’s performance increases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day.

    The Fund seeks daily leveraged investment results and is intended to be used as short-term trading vehicles. This Fund attempts to provide daily investment results that correspond to the respective long leveraged multiple of the performance of its underlying stock (a Leverage Long Fund).

    Investors should note that such Leverage Long Fund pursues daily leveraged investment objectives, which means that the Fund is riskier than alternatives that do not use leverage because the Fund magnifies the performance of its underlying stock. The volatility of the underlying security may affect a Funds’ return as much as, or more than, the return of the underlying security.

    Because of daily rebalancing and the compounding of each day’s return over time, the return of the Fund for periods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differ from 200% of the return of the Underlying Stock over the same period. The Fund will lose money if the Underlying Stock’s performance is flat over time, and as a result of daily rebalancing, the Underlying Stock volatility and the effects of compounding, it is even possible that the Fund will lose money over time while the Underlying Stock’s performance increases over a period longer than a single day.

    Shares are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. There can be no guarantee that an active trading market for ETF shares will develop or be maintained, or that their listing will continue or remain unchanged. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions and frequent trading may incur brokerage costs that detract significantly from investment returns.

    An investment in the Fund involves risk, including the possible loss of principal. The Fund is non-diversified and includes risks associated with the Fund concentrating its investments in a particular industry, sector, or geographic region which can result in increased volatility. The use of derivatives such as futures contracts and swaps are subject to market risks that may cause their price to fluctuate over time. Risks of the Fund include Effects of Compounding and Market Volatility Risk, Leverage Risk, Market Risk, Counterparty Risk, Rebalancing Risk, Intra-Day Investment Risk, Other Investment Companies (including ETFs) Risk, and risks specific to the securities of the Underlying Stock and the sector in which it operates. These and other risks can be found in the prospectus.

    This information is not an offer to sell or a solicitation of an offer to buy shares of any Funds to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. Please consult your tax advisor about the tax consequences of an investment in Fund shares, including the possible application of foreign, state, and local tax laws. You could lose money by investing in the ETFs. There can be no assurance that the investment objective of the Funds will be achieved. None of the Funds should be relied upon as a complete investment program.

    Media Contact:
    GraniteShares Inc.
    Attn: Media Relations
    222 Broadway, 21st Floor
    New York, NY 10038
    844-476-8747
    info@graniteshares.com

    The MIL Network –

  • MIL-OSI: Sagitec Awarded MainePERS Project for a Modern Pension Administration System

    Source: GlobeNewswire (MIL-OSI)

    ST. PAUL, Minn., May 05, 2025 (GLOBE NEWSWIRE) — Sagitec is proud to announce that it has been awarded the Maine Public Employees Retirement System (MainePERS) project. This achievement is a testament to Sagitec’s commitment to adhering to the vision that MainePERS has for a dynamic and user-friendly Pension Administration System (PAS).

    MainePERS envisioned a PAS that would adeptly administer pension benefits while enhancing transparency, accuracy, and efficiency. The new system aims to resolve identified operational challenges, enrich user experience, ensure regulatory compliance, and offer a scalable platform that adapts alongside technological advances, organizational development, and regulatory and statutory requirements.

    Sagitec’s solution, Neospin™, is designed to achieve this vision through several strategic goals and objectives:

    • Enhance Efficiency: Neospin will streamline and automate processes to increase direct processing of member requests and minimize manual interventions and errors.
    • Ensure Compliance: The system will facilitate adherence to statutory and regulatory requirements, safeguarding the interests of members, retirees, beneficiaries, and employers.
    • Improve Stakeholder Experience: Neospin offers improved interfaces for self-service functionalities for members, retirees, beneficiaries, employers, and MainePERS staff, ensuring accessibility, clarity, and ease of use.
    • Support Data Integrity and Security: The solution ensures the integrity and security of data, adhering to the highest standards of cybersecurity and data protection.
    • Enable Scalability: Neospin is built with the future in mind, offering a platform that is adaptable and scalable, accommodating evolving needs and technological advancements.

    “We are excited to begin this partnership with Sagitec and implement the Neospin product at MainePERS. Sagitec offered the best opportunity for modernizing MainePERS’ system to best serve members, retirees, and employers and improve efficiencies for staff.” Dr. Rebecca M. Wyke, CEO MainePERS

    Sagitec’s approach to security subscribes to NIST and FedRAMP standards, providing a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services. Additionally, Sagitec will leverage Microsoft Azure Commercial cloud as the underlying Infrastructure as a Service (IaaS), ensuring robust and reliable performance.

    “We are thrilled to partner with MainePERS on this visionary project. This collaboration is a significant milestone for Sagitec as it aligns perfectly with our mission to deliver innovative and efficient solutions in the pension administration space. By leveraging our Neospin™ platform, we are committed to enhancing transparency, accuracy, and efficiency in pension administration, ultimately improving the experience for all stakeholders involved. This partnership underscores our dedication to driving technological advancements and providing scalable solutions that meet the evolving needs of our clients.” Subodh Murthi, Managing Director of Pension Business at Sagitec

    With these strategic goals and objectives, Sagitec is poised to deliver a PAS solution that not only meets the immediate needs of MainePERS but also scales to accommodate future developments and challenges. This partnership underscores Sagitec’s dedication to improving efficiency, quality, service delivery, and member experience for MainePERS.

    About MainePERS

    Since 1942, the Maine Public Employees Retirement System (MainePERS) has helped public employees prepare for retirement. The System’s contributing members include teachers, state, county, and municipal employees, legislators, judges, and those who work for other public entities. Upon retirement, public sector retirees or their beneficiaries receive monthly benefits from retirement plans offered by MainePERS. The System also administers Disability Retirement, Group Life Insurance, and MaineSTART, a tax-deferred retirement savings program.

    About Sagitec Solutions

    Sagitec is a global software provider focused on solving complex, business-rule-driven problems with proven technology. Sagitec serves some of the largest pension organizations in the world. The fully integrated, web-based pension administration Neospin™ solution is powered by Sagitec’s core platform, and supports millions of plan participants, many thousand employers, and administers multiple types of pension plans including but not limited to defined benefit and defined contribution.

    In addition to serving the pension industry, Sagitec Solutions designs and delivers software solutions for unemployment insurance, paid family medical leave, disability insurance, and healthcare. With deep industry experience, Sagitec is a partner clients can trust to drive their vision into action. For more information, visit: www.sagitec.com

    Media Inquiries:
    mediainquiry@sagitec.com

    The MIL Network –

  • MIL-OSI: Valueex (VUEE) Exchange Opens IEO Window, Leading New Opportunities in Global Blockchain Investment

    Source: GlobeNewswire (MIL-OSI)

    Fresno, CA, May 05, 2025 (GLOBE NEWSWIRE) — In an era where blockchain technology and digital assets are rapidly rising, Initial Exchange Offerings (IEOs) have become an important avenue for investors to engage with emerging projects. Valueex Exchange (VUEE), a technology-driven global fintech platform, has officially announced the launch of its IEO window, providing global investors with secure, transparent, and efficient investment opportunities in blockchain projects. With its advanced technology, strict compliance, and outstanding market performance, VUEE is becoming a pioneer in the IEO space, helping investors seize new opportunities in the digital economy.

    IEO Window: Connecting Innovation and Wealth

    Established in 2023 and headquartered in Sydney, Australia, Valueex Exchange is founded by a team of top experts in the fintech field, dedicated to creating a leading global one-stop trading platform. VUEE’s IEO window will provide investors with direct access to high-quality blockchain projects, covering cutting-edge areas such as decentralized finance (DeFi), Web3 applications, and metaverse technology. Through VUEE’s IEO platform, investors can acquire rigorously vetted high-potential project tokens, enjoying the value appreciation opportunities of early investments.

    The IEO process at VUEE is user-centric, leveraging an advanced technological framework to ensure a simple and efficient participation experience. The platform supports stablecoin transactions (such as USDT and USDC), reducing the complexities of cross-border investments, while utilizing AI-driven analytical tools to provide users with project evaluations and investment recommendations. Whether for blockchain-curious newcomers or seasoned investors seeking high returns, VUEE’s IEO window offers a secure and trustworthy entry point for investment.

    Compliance and Security: The Solid Assurance of IEO

    Valueex Exchange understands that trust is key to the success of IEOs. The platform holds two authoritative licenses: a U.S. Registered Investment Advisor (RIA) and a Money Services Business (MSB), and is regulated by the U.S. Securities and Exchange Commission (SEC). It strictly adheres to Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements. VUEE’s screening process for IEO projects is particularly rigorous, requiring all listed blockchain projects to pass multiple rounds of due diligence to ensure their technical feasibility, team backgrounds, and market potential.

    By collaborating with global regulatory bodies and leading companies in the blockchain industry, VUEE has built a robust compliance and security ecosystem. Its blockchain technology applications and multilayer encryption protocols safeguard user funds and transaction data, providing a worry-free investment environment for IEO participants. U.S. investors can receive localized support through VUEE’s studio in Fresno, California (address: 265 E River Park Circle, Fresno, CA 93720), further enhancing participation confidence.

    Technological and Market Advantages: The Cornerstone of IEO Success

    Valueex Exchange’s IEO window relies on its advanced technology platform to offer users a seamless investment experience. The platform’s high-frequency trading system and blockchain integration technology ensure fast and stable transactions during the IEO period. Its AI-driven one-click financial tool intelligently recommends suitable IEO projects based on user risk preferences, helping investors optimize returns. The stablecoin trading model allows global users to participate in investments with dollar-pegged assets, mitigating exchange rate fluctuation risks.

    VUEE’s market performance further substantiates its potential in the IEO space. Since its inception, the platform has attracted over 500,000 registered users globally, with an average daily trading volume exceeding $1 billion. After entering the U.S. market in 2025, VUEE quickly garnered support from 30,000 American users, showcasing its strong brand appeal. This market trust lays a solid foundation for the success of the IEO window, attracting numerous high-quality blockchain projects to choose VUEE as their issuance platform.

    Future Vision: IEO Driving Global Innovation

    The IEO window at Valueex Exchange is not only an opportunity for investors but also a catalyst for innovation in the blockchain industry. VUEE plans to support more transformative projects through IEOs, promoting global development in areas such as DeFi, NFTs, and the metaverse. The platform will continue to deepen its technological research and development, optimize the IEO process, and expand into European, Asian, and South American markets, providing global investors with more diversified blockchain investment options.

    A VUEE spokesperson stated, “The IEO window is another milestone in empowering global investors. With stringent compliance standards and leading technology, VUEE is committed to offering users secure and efficient blockchain investment channels, helping them seize opportunities in the digital economy.”

    Seize the IEO Opportunity, Join Valueex

    Valueex Exchange’s IEO window opens the door to the future of blockchain for investors. Whether exploring the potential of emerging projects or realizing global asset appreciation, VUEE offers a trustworthy platform. Visit valueexchanges.com to learn more about the IEO window and join the global blockchain investment wave.

    Media Contact:
    Valueex Exchange

    Email: service@valueexchanges.com

    Website: valueexchanges.com

    Contact Person: SILAMPARASAN RAJIN DRAN

    Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

    The MIL Network –

  • MIL-OSI: BigCommerce Taps Technology Industry Veteran with Strong Record of Innovation as Chief Product Officer

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, May 05, 2025 (GLOBE NEWSWIRE) — BigCommerce (Nasdaq: BIGC), a leading provider of open, composable commerce solutions for B2C and B2B brands, retailers, manufacturers and distributors, today announced that Vipul Shah has joined the company as its new Chief Product Officer, bringing over two decades of experience building innovative products and business models at PayPal, Google, J.P. Morgan and Wells Fargo.

    At BigCommerce, Shah leads product management, product design and product strategy groups across all three of the company’s products – BigCommerce, Feedonomics and Makeswift.

    “Vipul brings an unmatched record of innovation across a range of industries. That experience will be crucial to helping us unite BigCommerce, Feedonomics, and Makeswift under one holistic product strategy,” said Travis Hess, CEO at BigCommerce. “Beyond that proven technical expertise, he is also a great culture fit for BigCommerce and shares our vision for the company moving forward.”

    Prior to BigCommerce, Shah was president and chief operating officer of venture capital-backed NEXT Trucking, where he helped digitize shipping container movement and modernize broken supply chain processes exposed during the pandemic.

    Passionate about technology and its potential to help people, Shah began his career designing aircraft engines and later worked with biotech and pharmaceutical companies to improve drug development processes. Influenced by the economic disparity he observed growing up in India, Greece and the United States, Shah then tackled the world of banking and fintech with the goal of driving financial inclusion and economic empowerment. Over 20 years at PayPal, Google, J.P. Morgan and Wells Fargo, Shah has built innovative products and business models to help consumers and businesses worldwide capitalize on the burgeoning digital economy.

    “My personal experiences have always shaped my professional work, and I’m excited to bring my perspective to BigCommerce and the broader ecommerce industry,” Shah said. “As AI ushers in a new era of ecommerce, BigCommerce, Feedonomics and Makeswift have a tremendous opportunity to deliver powerful innovation, engaging customer experiences and meaningful growth for our global community of merchants and partners.”

    Learn more about BigCommerce’s leadership team here: https://www.bigcommerce.com/company/leaders/

    About BigCommerce
    BigCommerce (Nasdaq: BIGC) is a leading open SaaS and composable ecommerce platform that empowers brands, retailers, manufacturers and distributors of all sizes to build, innovate and grow their businesses online. BigCommerce provides its customers sophisticated professional-grade functionality, customization and performance with simplicity and ease-of-use. Tens of thousands of B2C and B2B companies across 150 countries and numerous industries rely on BigCommerce, including Coldwater Creek, Harvey Nichols, King Arthur Baking Co., MKM Building Supplies, United Aqua Group and Uplift Desk. For more information, please visit www.bigcommerce.com or follow us on X and LinkedIn.

    BigCommerce® is a registered trademark of BigCommerce Pty. Ltd. Third-party trademarks and service marks are the property of their respective owners.

    Media Contact:
    Brad Hem
    pr@bigcommerce.com

    The MIL Network –

  • MIL-OSI: Aemetis to Review First Quarter 2025 Financial Results on May 8, 2025

    Source: GlobeNewswire (MIL-OSI)

    CUPERTINO, Calif., May 05, 2025 (GLOBE NEWSWIRE) — Aemetis, Inc. (NASDAQ: AMTX) announced that the company will host a conference call to review the release of its first quarter 2025 earnings report:

    Date: Thursday, May 8, 2025

    Time: 11 am Pacific Time (PT)

    Live Participant Dial In (Toll Free): +1-877-545-0523 entry code 761021 

    Live Participant Dial In (International): +1-973-528-0016 entry code 761021

    Webcast URL: https://www.webcaster4.com/Webcast/Page/2211/52416

    Attendees may submit questions during the Q&A (Questions & Answers) portion of the conference call.

    The webcast will be available on the Company’s website (www.aemetis.com) under Investors/Conference Calls, along with the company presentation, recent announcements, and video recordings.

    The voice recording will be available through May 15, 2025 by dialing (Toll Free) 877-481-4010 or (International) 919-882-2331 and entering conference ID number 52416. After May 15th, the webcast will be available on the Company’s website (www.aemetis.com) under Investors/Conference Calls.

    About Aemetis

    Headquartered in Cupertino, California, Aemetis is a renewable natural gas and renewable fuel company focused on the operation, acquisition, development, and commercialization of innovative technologies that replace petroleum products and reduce greenhouse gas emissions. Founded in 2006, Aemetis is operating and actively expanding a California biogas digester network and pipeline system to convert dairy waste gas into Renewable Natural Gas. Aemetis owns and operates a 65 million gallon per year ethanol production facility in California’s Central Valley near Modesto that supplies about 80 dairies with animal feed. Aemetis owns and operates an 80 million gallon per year production facility on the East Coast of India producing high quality distilled biodiesel and refined glycerin. Aemetis is developing a sustainable aviation fuel and renewable diesel fuel biorefinery in California, renewable hydrogen, and hydroelectric power to produce low carbon intensity renewable jet and diesel fuel. For additional information about Aemetis, please visit www.aemetis.com. 

    Company Investor Relations
    Media Contact:
    Todd Waltz
    (408) 213-0940
    investors@aemetis.com

    External Investor Relations
    Contact:
    Kirin Smith
    PCG Advisory Group
    (646) 863-6519
    ksmith@pcgadvisory.com

    The MIL Network –

  • MIL-OSI: The Keg Royalties Income Fund Enters into a Letter of Intent in Respect of a Proposed Acquisition of All Issued and Outstanding Units at $18.60 per Unit

    Source: GlobeNewswire (MIL-OSI)

    Not for distribution to U.S. News wire services or dissemination in the U.S.

    VANCOUVER, British Columbia, May 05, 2025 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) today announced that it has entered into a letter of intent (the “Letter of Intent”) pursuant to which one or more affiliates of Fairfax Financial Holdings Limited (collectively, “Fairfax”) would acquire all of the issued and outstanding units of the Fund (“Units”) other than those Units already owned by Fairfax (including any Units issuable in respect of securities exchangeable into Units (the “Exchangeable Units”)), at a purchase price of $18.60 per Unit (the “Offer Price“), payable in cash (the “Proposed Transaction”).

    The Offer Price represents a 30.8% premium to the closing price for the Units on May 2, 2025, and a 34.7% premium to the 20-day volume weighted average trading price as of the end of trading on May 2, 2025.
    The Proposed Transaction would not be subject to any financing condition.

    The Letter of Intent was entered into following negotiations between Hamblin Watsa Investment Counsel Ltd. (“HWIC”), in its capacity as investment manager on behalf of Fairfax, and the board of trustees of the Fund (the “Trustees”), each of whom is independent. The Trustees determined to enter into the Letter of Intent after carefully evaluating the financial terms of the Proposed Transaction and receiving advice from the Fund’s independent financial and legal advisors.

    The largest holder of outstanding Units (without taking into account any Exchangeable Units held by Fairfax), which currently holds 14.6% of the issued and outstanding Units on an undiluted basis (representing 9.9% of the Units on a fully diluted basis, including the Exchangeable Units), has entered into an agreement with HWIC, in its capacity as investment manager on behalf of Fairfax, to support the Proposed Transaction, subject to certain customary conditions.

    In connection with their continued review of the Proposed Transaction, the Trustees have retained an independent valuator to prepare a formal valuation of the Units (the “Formal Valuation“) as required under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101“) and provide an opinion that, subject to the assumptions, limitations and qualifications to be set forth in any written opinion, the consideration to be received by the holders of Units (other than Fairfax) pursuant to the Proposed Transaction is fair, from a financial point of view, to the holders of Units (other than Fairfax) (a “Fairness Opinion”).

    The Letter of Intent is not a definitive agreement with respect to the Proposed Transaction, and the execution of a definitive agreement in respect of the Proposed Transaction, if any, remains subject to, among other things, (i) the negotiation and execution of a definitive agreement on terms satisfactory to the Fund and Fairfax, (ii) final approval of the Proposed Transaction by the Trustees, and (iii) receipt of the Formal Valuation and Fairness Opinion satisfactory to the Trustees. The consummation of the Proposed Transaction would be subject to various conditions customary for transactions of this nature, including, among others, (i) receipt of any required regulatory, court and stock exchange approvals, and (ii) the approval of the Proposed Transaction at a special meeting of the holders of Units entitled to vote on the Proposed Transaction, including “minority approval” as defined under MI 61-101.

    Unitholders of the Fund do not need to take any action at this time in respect of the proposal from Fairfax pursuant to the Letter of Intent and should await further information from the Trustees in respect of the Proposed Transaction.

    While the Trustees have determined to enter into the Letter of Intent with respect to the Proposed Transaction, the Letter of Intent does not bind the Trustees or the Fund to enter into the Proposed Transaction, or any agreement in respect thereof, all of which remains subject to final approval by the Trustees. There can be no assurance that the Fund and Fairfax will enter into a definitive agreement in respect of the Proposed Transaction or that the Proposed Transaction will occur as proposed or at all. The Fund does not expect to make further public comment regarding the matters contemplated herein until a definitive agreement in respect of the Proposed Transaction is entered into or the Proposed Transaction is abandoned.

    Advisors

    Capital West Partners and Lawson Lundell LLP are acting as financial advisor and legal advisor, respectively, to the Trustees in respect of the Proposed Transaction. Torys LLP is acting as legal advisor to Fairfax in respect of the Proposed Transaction.

    Forward Looking Information

    This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable securities laws. This information includes, but is not limited to, statements concerning our objectives, our strategies to achieve those objectives, as well as statements made with respect to the Trustees’ beliefs, plans, estimates, projections and intentions, and similar statements concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as “expects”, “estimates”, “intends”, “anticipates”, “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, “will”, “will be taken”, “occur” or “be achieved”. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent the Trustees’ expectations, estimates and projections regarding future events or circumstances. Forward-looking information in this news release, which includes, among other things, statements relating to the Proposed Transaction (including statements in respect of the execution of the definitive agreement and the consummation of the Proposed Transaction, including the satisfaction of the conditions precedent thereto, in each case, if at all), is necessarily based on a number of opinions, estimates and assumptions that the Fund considered appropriate and reasonable as of the date such statements are made in light of its experience, current conditions and expected future developments, including the assumption that the Proposed Transaction can be completed on acceptable terms and that any conditions precedent can be satisfied.

    Risks and uncertainties related to the Proposed Transaction include, but are not limited to: the possibility that the Proposed Transaction will not be completed on the terms and conditions currently contemplated; failure of the Fund and Fairfax to enter into a definitive agreement for the Proposed Transaction on terms satisfactory to the Fund and Fairfax, or at all; failure of the Fund and Fairfax to obtain the required regulatory, court, stock exchange and unitholder approvals for, or satisfy other conditions to effect, the Proposed Transaction; failure by the independent valuator to deliver a Formal Valuation and Fairness Opinion satisfactory to the Trustees at the time the definitive agreement is entered into; the risk that the Proposed Transaction may involve unexpected costs, liabilities or delays; the risk of a change in general economic conditions; the risk that, prior to the completion of the Proposed Transaction, the business of KRL (as defined below) may experience significant disruptions; the risk that any legal proceedings may be instituted against the Fund or determined adversely to the interests of the Fund; and other risk factors contained in filings made by the Fund with the Canadian securities regulators, including the Fund’s annual information form dated March 25, 2025 and financial statements and related management discussion and analysis for the financial year ended December 31, 2024 filed with the securities regulatory authorities in certain jurisdictions of Canada and available at www.sedarplus.ca.

    Although the Trustees have attempted to identify important risk factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other risk factors not presently known to them or that they presently believe are not material that could also cause actual results or future events to differ materially from those expressed in such forward- looking information. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. No forward-looking statement is a guarantee of future results. Accordingly, you should not place undue reliance on forward-looking information, which speaks only as of the date made. The forward-looking information contained in this news release represents the Fund’s expectations as of the date of this news release (or as the date they are otherwise stated to be made) and are subject to change after such date. However, the Fund disclaims any intention or obligation or undertaking to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws in Canada. All of the forward-looking information contained in this news release is expressly qualified by the foregoing cautionary statements.

    About The Keg Royalties Income Fund

    The Fund is a limited purpose, open-ended trust established under the laws of the Province of Ontario that, through The Keg Rights Limited Partnership, a subsidiary of the Fund, owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. (“KRL”). Vancouver-based KRL is the leading operator and franchisor of steakhouse restaurants in Canada and has a substantial presence in select regional markets in the United States. KRL has been named the number one restaurant company to work for in Canada in the latest edition of Forbes “Canada’s Best Employers 2025” survey.

    For further information, contact:
    Investor Relations
    Tel: (604) 276-0242
    investorrelations@kegrestaurants.com   https://www.thekeg.com/en/keg-income-fund

    The MIL Network –

  • MIL-OSI: iBio’s First-in-Class Activin E Antibody Achieves >26% Fat Reduction Without Muscle Loss and Shows Synergy with GLP-1s in Preclinical Model

    Source: GlobeNewswire (MIL-OSI)

    • Activin E antibody demonstrates significant decrease in fat in obese mice by reducing visceral fat depots, which are strongly linked to increased risk of cardiovascular and metabolic diseases, resulting in a 26% reduction in fat mass with no loss in muscle
    • Strong synergistic effect on fat mass (77% reduction) was observed when the Activin E antibody was combined with a GLP-1 receptor agonist, resulting in total weight loss of 35.3%, 7.5% greater than GLP-1 alone

    SAN DIEGO, May 05, 2025 (GLOBE NEWSWIRE) — iBio, Inc. (Nasdaq: IBIO), an AI-driven innovator of precision antibody therapies, today announced new promising preclinical data for its first-in-class Activin E antibody unveiled in January. Data from the recently completed 4-week study in diet-induced obese mice show a 26% reduction in fat mass following treatment with the Activin E antibody, with muscle mass fully preserved. These findings highlight a significant fat loss can be achieved without the double-digit weight reductions typically required by other obesity drugs.

    GLP-1 receptor agonists are effective at promoting weight loss. However, they can also reduce lean body mass, including muscle, which may limit some of the intended health benefits. In contrast, fat-specific weight loss is considered a higher-quality form of weight loss. It reduces fat—linked to lower risk of heart and metabolic diseases—while preserving muscle, which helps maintain strength, supports a healthy metabolism, and may prevent or reduce weight regain over time.

    “We believe achieving high-quality weight loss, by reducing fat mass while preserving muscle, is essential in addressing the obesity epidemic,” said Martin Brenner, DVM, PhD, Chief Executive Officer and Chief Scientific Officer of iBio. “For example, a person with a BMI of 30 is classified as obese and often has a body fat percentage exceeding 25%. Reducing fat by 25% while maintaining muscle mass and strength could shift them into a healthier weight category without compromising physical function.”

    The study also analyzed specific fat depots in obese mice and found a significant 31% reduction in subcutaneous fat. More notably, reductions of 34% and 37% were observed in the epididymal and retroperitoneal fat depots, respectively—both of which are forms of visceral fat closely linked to increased risk of cardiometabolic disease. When combined with a GLP-1 receptor agonist, the Activin E antibody produced additive effects, reducing total fat mass by 77%. Subcutaneous fat loss increased to 74%, while visceral fat depots—epididymal and retroperitoneal—were reduced by 69% and 81%, respectively. The data was presented at the 14th International BMP Conference that occurred May 2–6 in Philadelphia, Pennsylvania.

    About iBio, Inc.

    iBio (Nasdaq: IBIO) is a cutting-edge biotech company leveraging AI and advanced computational biology to develop next-generation biopharmaceuticals for cardiometabolic diseases, obesity, cancer and other hard-to-treat diseases. By combining proprietary 3D modeling with innovative drug discovery platforms, iBio is creating a pipeline of breakthrough antibody treatments to address significant unmet medical needs. Our mission is to transform drug discovery, accelerate development timelines, and unlock new possibilities in precision medicine.  For more information, visit www.ibioinc.com or follow us on LinkedIn.

    Forward-Looking Statements

    Certain statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are based upon current estimates and assumptions and include statements regarding the therapeutic potential of Activin E as a target for cardiometabolic disorders and obesity; Activin E being a promising novel therapeutic target whose inhibition is believed to induce fat-selective weight loss and offer protection against obesity and cardiometabolic disease; plans to rapidly advance testing of the antibody in more complex models; the in-licensed antibody being the first functional inhibitor of Activin E; inhibiting Activin E-mediated signaling offering a novel therapeutic strategy to reduce internal abdominal fat while preserving muscle mass potentially reversing obesity, preventing diabetes, and improving overall cardiometabolic health. As one of several cellular components involved in cardiometabolic regulation; Activin E, along with amylin, GLP-1 and others, having the potential to be targeted simultaneously to yield synergistic benefits for patients; and the antibody having the potential to deliver meaningful benefits to patients. While iBio believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the ability of Activin E to be a successful target for cardiometabolic disorders and obesity and iBio’s antibody to induce fat-selective weight loss and offer protection against obesity and cardiometabolic disease; iBio’s ability to obtain regulatory approvals for commercialization of its product candidates, or to comply with ongoing regulatory requirements; regulatory limitations relating to iBio’s ability to promote or commercialize its product candidates for specific indications; acceptance of iBio’s product candidates in the marketplace and the successful development, marketing or sale of products; and whether iBio will incur unforeseen expenses or liabilities or other market factors; and the other factors discussed in iBio’s filings with the SEC including its Annual Report on Form 10-K for the year ended June 30, 2024 and its subsequent filings with the SEC on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and iBio undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

    Corporate Contact:
    iBio, Inc.
    Investor Relations
    ir@ibioinc.com

    Media Contacts:
    Ignacio Guerrero-Ros, Ph.D., or David Schull
    Russo Partners, LLC
    Ignacio.guerrero-ros@russopartnersllc.com
    David.schull@russopartnersllc.com
    (858) 717-2310 or (646) 942-5604

    The MIL Network –

  • MIL-OSI: Study Shows Large Improvements in Long COVID Symptoms and Return to Work

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, May 05, 2025 (GLOBE NEWSWIRE) — Researchers at the University of Alabama at Birmingham (UAB) have identified what is believed to be the first intervention found in a randomized controlled trial to show large and very large improvements in multiple symptoms associated with Long COVID, and to result in people debilitated by those symptoms returning to work. The study deployed progressively challenging computerized brain exercises alongside a progressively challenging coaching approach. The brain exercise used in the study is commercially-available only in the brain exercise app, BrainHQ made by Posit Science.

    While estimates of those still coping with Long COVID vary, some 20 million Americans have been diagnosed with Long Covid, and an estimated 9-10 million still report symptoms, with nearly 14% reporting an inability to return to work even 90 days after infection.

    The UAB study showed that the intervention resulted in statistically significant and very large benefits on its primary measures of performance and satisfaction with daily activities.

    It also showed significant benefits in many secondary measures, including large to very large benefits on depressive, fatigue, and brain fog symptoms, as well as a significant benefit in brain processing speed, and a trend toward large benefits on anxiety symptoms. No significant change was noted in a measure of global cognition.

    Perhaps, most strikingly, the researchers reported that eighty percent of the non-retired participants in the intervention group returned to work, and none in the control group.

    This was a modest-sized study designed primarily to assess feasibility and to help scope follow-on studies. The researchers enrolled 16 community residents, who were three or more months past COVID infection, with mild cognitive impairment and with dysfunction in the performance of instrumental activities of daily living. Participants were randomly assigned to the intervention or to a wait-list control.

    The intervention is based on the science of neuroplasticity, which has established that intensive, repetitive, and progressively challenging activities can drive beneficial changes to the brain. The approach is based on the seminal work of Dr. Michael Merzenich, who upended the field of brain science four decades ago, by showing that brains remain plastic — capable of chemical, physical and functional change — at any age.

    After discovering lifelong plasticity, Dr. Merzenich first harnessed plasticity in his co-invention of the cochlear implant to restore hearing to hundreds of thousands of people. For the past three decades, he has focused on creating computerized brain exercises to improve brain health and function. He is the Co-Founder and Chief Scientific Officer of the company that makes the BrainHQ exercises.

    The intervention in this study reflects further work in plasticity of two distinguished UAB faculty members. Dr. Karlene Ball pioneered plasticity-based exercises to address age-related cognitive decline. Her UAB colleague, Dr. Edward Taub, developed plasticity-based, constraint-induced movement therapy to address movement disorders. His supportive and progressively challenging coaching inspired the coaching used in this study.

    Prior studies of BrainHQ exercises in older adults, and in patients with various health conditions, (cancer, heart failure, multiple sclerosis, schizophrenia, mild cognitive impairment) suggested the kind of improvements seen in this study (in cognition, daily activities, depressive symptoms, stress, fatigue, and employment status). However, the magnitude of the improvements in this study were quite large as compared to some prior studies.

    “That may be because this study population had substantial deficits with room for substantial improvement, or it may be there is extra benefit from combining the exercises with this type of coaching,” commented Dr. Henry Mahncke, CEO of Posit Science. “Either way, it suggests that brain training is a promising approach to helping people with Long COVID.”

    “It’s been a long road to address Long COVID,” observed Dr. Mahncke. “We hope this will be a turning point in identifying tools to address a condition that is often quite debilitating.”

    BrainHQ exercises have shown benefits in more than 300 studies. Such benefits include gains in cognition (attention, speed, memory, decision-making), in quality of life (depressive symptoms, confidence and control, health-related quality of life) and in real-world activities (health outcomes, balance, driving, workplace activities). BrainHQ is offered by leading health and Medicare Advantage plans, by leading medical centers, clinics, and communities, and by sports, military, and other organizations focused on peak performance. Consumers can try a BrainHQ exercise for free daily at https://www.brainhq.com.

    The MIL Network –

  • MIL-OSI: LPL Financial Welcomes Northern Advisory Group

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, May 05, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that 10 financial advisors with Northern Advisory Group have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. They reported serving approximately $300 million in advisory, brokerage and retirement plan assets* and join LPL from Osaic.

    Partners Richard DiTaranto, Brian DiBrino and Jeff Miller, who have a combined eight decades of wealth management experience, teamed up in 2004 to launch Northern Advisory Group. The ensemble practice is headquartered in Fairfield, N.J., and includes fellow financial advisors Anthony Fresella, Daniel Greenwood, Griffin Durand, Robert Kelley, Seamus Nelson, Jaret Mittenthal and Damien DiTaranto — Richard’s son. Together, the group takes a holistic approach to helping their clients work towards their fiscal goals.

    “We really take the time to understand our clients’ fiscal goals — both in the short and long-term — by asking where they would like to be in 10-, 15-, 20-years,” DiBrino said. “Using that information, we put together a customized plan, get our clients’ buy-in and then work with them to make adjustments over the years to help them pursue their financial goals.”

    “Client education is key because we want our clients to understand the process and take an active role in their financial futures,” DiTaranto said. “We want them to ask questions and take a vested interest in how their money is invested. After all, the best client is an educated client.”

    Looking for enhanced service experiences and a more robust technology platform, the Northern Advisory team made the move to LPL after an in-depth due diligence process.

    “It was the campus visit that sealed the deal for me,” DiBrino said. “We had only been there for about 15 minutes when I said, ‘This is the spot for us.’ I was impressed by several things during that visit, such as how it was made clear that we are the client and LPL is here to serve us. I also appreciated learning that 90% of calls are picked up by a real person within 30 seconds and most issues are resolved during that first call. I am confident that partnering with LPL is the right choice for the next phase of our business.”

    DiTaranto added, “With LPL’s technology platform, our clients are going to appreciate the single sign-on, and the service LPL provides is second to none. By moving to LPL, not only will we be better able to serve our clients today, but we can grow our business into something generational — allowing Northern Advisory Group to serve clients for years to come.”

    Scott Posner, LPL Managing Director, Business Development, said, “We welcome the team at Northern Advisory Group and congratulate them on this milestone in the evolution of their practice. As a leading wealth management firm, LPL is committed to delivering innovative technology and comprehensive business solutions to help advisors differentiate their practices and increase value for their clients. We look forward to supporting Northern Advisory Group in this next chapter of their business.”

    Related

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

    About LPL Financial

    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports nearly 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.7 trillion in brokerage and advisory assets on behalf of approximately 6 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

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

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

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

    *Value approximated based on asset and holding details provided to LPL from end of year, 2024.

    Media Contact: 
    Media.relations@LPLFinancial.com 

    Tracking #730850

    The MIL Network –

  • MIL-OSI: IDI Integrates with Ping Identity’s PingOne DaVinci to Deliver Powerful Identity Insights Across the Consumer Journey

    Source: GlobeNewswire (MIL-OSI)

    BOCA RATON, Fla., May 05, 2025 (GLOBE NEWSWIRE) — Interactive Data, LLC (“IDI”), a red violet company (NASDAQ: RDVT) and leader in identity verification and risk mitigation, today announced a new integration with Ping Identity, a leader in securing digital identities for the world’s largest enterprises, which leverages PingOne DaVinci™, a no-code identity orchestration service. The strategic relationship will expand industry access to IDI’s leading AI/ML-powered technology platform and comprehensive identity graph of consumer identity insights, enabling relying parties to verify identities, manage risk, and detect and prevent fraud, all while mitigating friction and enhancing the consumer experience.

    IDI joins a growing network of technology partners developing integrations with DaVinci through the Ping Identity Global Technology Partner Program. Partner solutions that integrate with DaVinci deliver an improved customer experience in a fraction of the time, through easy drag-and-drop design of digital user journeys across multiple applications and ecosystems.

    IDI’s coreIDENTITY™ DaVinci connector offers a comprehensive and highly configurable suite of identity solutions for the full consumer lifecycle, including:

    Identity Data Verification: Instantly verify the trustworthiness of claimed identity attributes such as name, Social Security number (SSN), date of birth, and address.

    Identity Data Refresh: Seamlessly update consumer records and improve contact rates with up-to-date phone numbers, emails, and mailing addresses.

    Application Pre-fill: Reduce friction and meet consumer privacy expectations by leveraging IDI to instantly and reliably pre-fill online application forms.

    Fraud Detection and Prevention: Detect and prevent fraud with access to IDI’s synthetic ID flag and other risk indicators associated with a consumer’s SSN, address history, criminal background, phone signals, and more.

    KYC Compliance: Facilitate compliance with KYC requirements via OFAC and other authoritative data sources available via coreIDENTITY.

    “We are thrilled to partner with Ping Identity to expand access to IDI’s ground-breaking suite of identity intelligence solutions,” said James Frasche, Chief Operating Officer at IDI. “This alliance underscores our commitment to innovation and makes it easier than ever for businesses and public sector agencies to seamlessly integrate IDI’s insights into their workflows. Together, we’re empowering organizations to make smarter, faster decisions with unparalleled confidence.”

    “Ping Identity is committed to expanding our technology partner ecosystem to deliver better, more frictionless customer experiences,” said Loren Russon, SVP of product management at Ping Identity. “Our collaboration with IDI leverages DaVinci’s seamless orchestration to ensure dynamic user journeys are delivered quickly and efficiently at every stage of the user journey.”

    For more information on IDI’s work with Ping Identity click here.

    About IDI
    At IDI, we deliver innovative identity intelligence solutions. Our proprietary technologies and advanced analytical capabilities empower organizations to operate with confidence, providing real-time identification and location of individuals, businesses, assets, and their interrelationships. With a focus on identity verification, risk mitigation, due diligence, fraud detection and prevention, regulatory compliance, and customer acquisition, our intelligent platform, CORE™, caters to organizations of all sizes, transforming data into intelligence for frictionless commerce, safety, and reduced fraud.

    For more information, please visit www.ididata.com.

    About Ping Identity
    Ping delivers unforgettable user experiences and uncompromising security. We make crafting digital experiences simple for any type of user—partners, customers, employees, and beyond. We are anti-lock-in. That means integration with existing ecosystems, clouds, and on-prem technologies is simple. Out-of-the-box templates let businesses leverage our identity expertise to give their users frictionless experiences. Whether they’re building a foundation of modern digital identity, or out-innovating their competitors with cutting-edge services like digital credentials, AI-driven fraud prevention and governance, Ping is the one-stop shop for game-changing digital identity.

    FORWARD-LOOKING STATEMENTS

    This press release contains “forward-looking statements,” as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as “expects,” “plans,” “projects,” “will,” “may,” “anticipate,” “believes,” “should,” “intends,” “estimates,” and other words of similar meaning. Such forward looking statements are subject to risks and uncertainties that are often difficult to predict, are beyond our control and which may cause results to differ materially from expectations, including whether the strategic relationship between IDI and Ping Identity will expand industry access to IDI’s leading AI/ML-powered technology platform and comprehensive identity graph of consumer identity insights and whether the alliance between IDI and Ping Identity will make it easier than ever for businesses and public sector agencies to seamlessly integrate IDI’s insights into their workflows. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on our expectations as of the date of this press release and speak only as of the date of this press release and are advised to consider the factors listed above together with the additional factors under the heading “Forward-Looking Statements” and “Risk Factors” in red violet’s SEC Filings. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

    IDI Investor Relations:
    Camilo Ramirez
    Red Violet, Inc.
    561-757-4500
    ir@redviolet.com

    LinkedIn: https://www.linkedin.com/company/interactive-data-llc
    X: @IDIData
    Facebook: https://facebook.com/ididata

    Ping Identity Media Relations:
    press@pingidentity.com 
    774.451.5142

    The MIL Network –

  • MIL-OSI: Enphase Energy to Hold 2025 Annual Meeting of Stockholders on May 14, 2025

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., May 05, 2025 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today announced that it will be holding its 2025 Annual Meeting of Stockholders on May 14, 2025 at 9:00 a.m. Pacific Time. The meeting will be held at Enphase’s headquarters at 47281 Bayside Parkway, Fremont, CA 94538.

    Further information regarding the Annual Meeting, including how to vote and participate, is included in Enphase Energy’s 2025 Proxy Statement that has been made available to stockholders and filed with the Securities and Exchange Commission.

    After the conclusion of the formal portion of the Annual Meeting of Stockholders, there will be a brief recess. Badri Kothandaraman, president and CEO of Enphase Energy, will then give a presentation beginning at approximately 9:30 am Pacific Time that can be accessed:

    For more details about Enphase’s 2025 Annual Meeting of Stockholders and CEO Presentation, please visit the Investor Relations website.

    About Enphase Energy, Inc.

    Enphase Energy, a global energy technology company based in Fremont, CA, is the world’s leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power — and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped approximately 81.5 million microinverters, and approximately 4.8 million Enphase-based systems have been deployed in over 160 countries. For more information, visit https://enphase.com/.

    ©2025 Enphase Energy, Inc. All rights reserved. Enphase Energy, Enphase, the “e” logo, IQ, and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks or service marks of Enphase Energy, Inc. in the U.S. and other countries. Other names are for informational purposes and may be trademarks of their respective owners.

    Contact:

    Zach Freedman
    Enphase Energy, Inc.
    Investor Relations
    ir@enphaseenergy.com

    This press release was published by a CLEAR® Verified individual.

    The MIL Network –

  • MIL-OSI: SHARC Energy Announces Board of Director Changes

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, May 05, 2025 (GLOBE NEWSWIRE) — SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) (“SHARC Energy” or the “Company”) is pleased to announce that Fred Andriano has been named Chairman of the Board of Directors (“BOD”) and Executive Officer. Mr. Andriano replaces SHARC Energy’s founder Lynn Mueller as Executive Chairman. Mr. Mueller will remain on the Board as Vice Chairman and Executive Officer of the Company.

    Mr. Andriano has extensive experience and expertise in finance, accounting, corporate governance, mergers and acquisitions. He has been in the heating and cooling energy sector for 20 years. He formally was the Vice President of Finance and Administration – NIBE North America for NIBE Industrier AB. Prior to that he was Chief Financial Officer, Treasurer and Secretary for WaterFurnace International, Inc. Furthermore, he spent 6 years as Chief Financial Officer of a regional M&A firm.

    “I am very appreciative for the opportunity to help guide the Company’s Board and management team as we strategize for expansion and growth. The Company has tremendous products, applications and dedicated team members and it’s time we leveraged their strengths while we continue to build awareness of the opportunities SHARC Energy’s products present to the heat transfer sector,” stated Mr. Andriano.

    Mr. Mueller added, “The additions of Michael as CEO and Fred as Executive Chair marks a significant day in the evolution of SHARC Energy’s maturity,” says Mr. Mueller. “These moves validate SHARC Energy as an emerging player in the industry with superior Wastewater Energy Transfer products and proven executives with successful track records in the thermal energy, heat transfer and hydronic space to augment the team.”

    The appointment will strategically accelerate the Company’s growth and improve its ability to expand its markets, products and geographical reach. The Company anticipates future strategic moves enabling SHARC Energy to grow revenue and improve profitability.

    The Company also has the bittersweet task of announcing the BOD has accepted the retirement and resignation of Eleanor Chiu. Mrs. Chiu has been a director for just shy of six years, consistently adding valued insight, business acumen and astute counsel to both management and the Board. She leaves SHARC Energy as a strong believer and long-term shareholder, holding 5% of the Company.

    “I am pleased to be leaving the BOD in good hands with addition of Fred as Chairman. In the short time that I have known Fred, he brings a strong understanding of the corporate governance policies and procedures needed for a public company to grow and mature. With the additions of Michael and Fred to augment Lynn and Hanspaul, I remain confident in the opportunity SHARC Energy and Wastewater Energy Transfer present,” says Mrs. Chiu.

    “Eleanor has been an important member of the Board and she will be dearly missed. I have leaned on her for nearly six years. She will always be remembered as one of the instrumental members that built the foundation the Company will grow on for years to come. Thank you Eleanor,” stated Mr. Mueller.

    Mr.Andriano will take over Mrs. Chiu role as Chairman of the Audit Committee going forward.

    About SHARC Energy  
    SHARC International Systems Inc. is a world leader in energy recovery from the wastewater we send down the drain every day. SHARC Energy’s systems recycle thermal energy from wastewater, generating one of the most energy-efficient and economical systems for heating, cooling & hot water production for commercial, residential, and industrial buildings along with thermal energy networks, commonly referred to as “District Energy”.

    SHARC Energy is publicly traded in Canada (CSE: SHRC), the United States (OTCQB: INTWF) and Germany (Frankfurt: IWIA) and you can find out more on our SEDAR profile.

    Learn more about SHARC Energy: Website | Investor Page | LinkedIn | YouTube | PIRANHA | SHARC

    ON BEHALF OF THE BOARD

    Fred Andriano
    Chairman of the Board

    The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

    Forward-Looking Statements 

    Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified using words such as “anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. SHARC Energy’s actual results could differ materially from those anticipated in this forward-looking information because of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, and other factors, many of which are beyond the control of the Company. SHARC Energy believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Company’s expectations as of the date hereof and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information whether because of new information, future events or otherwise, except as required by applicable securities legislation. 

    The MIL Network –

  • MIL-OSI: MARA Announces Bitcoin Production and Mining Operation Updates for April 2025

    Source: GlobeNewswire (MIL-OSI)

    Energized Hash Rate Grew 5.5% to 57.3 EH/s
    Increased BTC Holdings* to 48,237 BTC

    Fort Lauderdale, FL, May 05, 2025 (GLOBE NEWSWIRE) — MARA Holdings, Inc. (NASDAQ: MARA) (“MARA” or the “Company”), a vertically integrated digital energy and infrastructure company that leverages high-intensity compute, such as bitcoin (“bitcoin” or “BTC”) mining, to monetize excess energy and optimize power management, today published unaudited bitcoin production updates for April 2025.

    Management Commentary

    “In April, our production saw a 15% month-over-month decrease in blocks won, as global hashrate had its second largest monthly gain on record and mining difficulty grew 8% from March,” said Fred Thiel, MARA’s chairman and CEO. “Despite these headwinds, our energized hashrate grew 5.5% over the prior month. We completed a 50-megawatt (“MW”) expansion at our fully owned data center in Ohio, bringing total operational capacity to 100 MW, with the site designed to scale up to 200 MW. Additionally, we installed over 12,000 S21 Pro miners at the location.

    “Last month, we fully energized our 25 MW gas-to-power operations across wellheads in North Dakota and Texas. These sites currently provide us with our lowest cost per BTC mined while monetizing excess gas and mitigating methane emissions for the producers.

    “We remain laser-focused on transforming MARA into a vertically integrated digital energy and infrastructure company. We believe this model gives us tighter operational control, improves cost-efficiency, and makes us more resilient to shifts in the broader economy.”

    Operational Highlights and Updates

    Figure 1: Operational Highlights

    Prior Month Comparison   Prior Month Comparison  
    Metric   4/30/2025     3/31/2025     % Δ  
    Number of Blocks Won 1     205       242       (15 )%
    BTC Produced     705       829       (15 )%
    Average BTC Produced per Day     23.5       26.8       (12 )%
    Share of available miner rewards 2     5.1 %     5.8 %     NM  
    Transaction Fees as % of Total 1     1.3 %     1.3 %     NM  
    Energized Hashrate (EH/s) 1     57.3       54.3       5.5 %
    1. These metrics are MARAPool only and do not include blocks won from joint ventures.
    2. Defined as the total amount of block rewards including transaction fees that MARA earned during the period divided by the total amount of block rewards and transaction fees awarded by the Bitcoin network during the period.

    NM – Not Meaningful

    As of April 30, 2025, the Company held a total of 48,237 BTC*. MARA opted not to sell any BTC in April.

    *Includes loaned and collateralized bitcoin

    Investor Notice

    Investing in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under the heading “Risk Factors” in our most recent annual report on Form 10-K and any other periodic reports that we may file with the U.S. Securities and Exchange Commission (the “SEC”). If any of these risks were to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline, and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. See “Forward-Looking Statements” below.

    The operational highlights and updates presented in this press release pertain solely to our BTC mining operations. Detailed information regarding our other operations can be found in our periodic reports filed with the SEC.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the federal securities laws. All statements, other than statements of historical fact, included in this press release are forward-looking statements. The words “may,” “will,” “could,” “anticipate,” “expect,” “intend,” “believe,” “continue,” “target” and similar expressions or variations or negatives of these words are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Such forward-looking statements include, among other things, statements related to scaling our data center in Ohio, mitigating methane emissions at our gas-to-power operations in North Dakota and Texas and expected benefits of transforming from an asset-light model into a vertically integrated digital energy and infrastructure company. Such forward-looking statements are based on management’s current expectations about future events as of the date hereof and involve many risks and uncertainties that could cause our actual results to differ materially from those expressed or implied in our forward-looking statements. Subsequent events and developments, including actual results or changes in our assumptions, may cause our views to change. We do not undertake to update our forward-looking statements except to the extent required by applicable law. Readers are cautioned not to place undue reliance on such forward-looking statements. All forward-looking statements included herein are expressly qualified in their entirety by these cautionary statements. Our actual results and outcomes could differ materially from those included in these forward-looking statements as a result of various factors, including, but not limited to, the factors set forth under the heading “Risk Factors” in our most recent annual report on Form 10-K, and any other periodic reports that we may file with the SEC.

    About MARA

    MARA (NASDAQ: MARA) is a vertically integrated digital energy and infrastructure company that leverages high-intensity compute, such as bitcoin mining, to monetize excess energy and optimize power management. We are focused on two key priorities: strategically growing by shifting our model toward low-cost energy with more efficient capital deployment and bringing to market a full suite of solutions for data centers and edge inference – including energy management, load balancing and advanced cooling.

    For more information, visit www.mara.com, or follow us on:

    Twitter: @MARAHoldings
    LinkedIn: www.linkedin.com/company/maraholdings
    Facebook: www.facebook.com/MARAHoldings
    Instagram: @maraholdingsinc

    MARA Company Contact:
    Telephone: 800-804-1690
    Email: ir@mara.com

    MARA Media Contact:
    Email: marathon@wachsman.com

    The MIL Network –

  • MIL-OSI Video: NEVER take your eye off the ball.

    Source: US Army (video statements)

    About the U.S. Army:

    The Army Mission – our purpose – remains constant: To deploy, fight and win our nation’s wars by providing ready, prompt & sustained land dominance by Army forces across the full spectrum of conflict as part of the joint force.

    Interested in joining the U.S. Army?
    Visit: spr.ly/6001igl5L

    Connect with the U.S. Army online:
    Web: https://www.army.mil
    Facebook: https://www.facebook.com/USarmy/
    X: https://www.twitter.com/USArmy
    Instagram: https://www.instagram.com/usarmy/
    LinkedIn: https://www.linkedin.com/company/us-army
    #USArmy #Soldiers #Military #Shorts #Army

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

    MIL OSI Video –

  • MIL-OSI: Implementation of capital reduction

    Source: GlobeNewswire (MIL-OSI)

    Nasdaq Copenhagen
    Euronext Dublin
    London Stock Exchange        
    Other partners

                    Date        5 May 2025

    Implementation of capital reduction

    As advised in the company announcement of 5 March 2025 “Minutes of the annual general meeting held on 5 March 2025”, it was decided at the bank´s annual general meeting to reduce the bank´s share capital by nom. DKK 1,315,042 by cancellation of 1,315,042 own shares.

    The deadline of the statutory notice to the bank’s creditors has expired with no claims being reported, and final registration of the capital reduction has been made with the Danish Business Authority.

    Following the capital reduction, Ringkjøbing Landbobank A/S’ nominal share capital is DKK 25,391,697 in 25,391,697 shares. The total maximum number of voting rights amount to 25,391,697.

    Kind regards

    Ringkjøbing Landbobank

    John Fisker       
    CEO

    Attachments

    The MIL Network –

  • MIL-OSI: Articles of Association for Ringkjøbing Landbobank A/S

    Source: GlobeNewswire (MIL-OSI)

    Articles of Association

    for Ringkjøbing Landbobank A/S

    Company reg. (CVR) no. 37536814

    5 March 2025

    Name, registered office and object

    Art. 1

    The bank’s name shall be ”Ringkjøbing Landbobank, Aktieselskab”. The bank’s domicile shall be the municipality of Ringkøbing-Skjern.

    The bank’s object shall be to carry out banking business and other activities permitted by the relevant legislation in order to create a sound and healthy bank for its sphere of activities via solid and cost-efficient operations.

    The bank shall also operate under the secondary names of:

    • Nordjyske Bank A/S
    • A/S Egnsbank Nord
    • Folkebanken for Frederikshavn og Omegn Aktieselskab
    • Aktieselskabet Frederikshavns Bank
    • Aktieselskabet Skagens Bank
    • Aktieselskabet Sæby Bank
    • Vendsyssel Bank A/S
    • A/S Handels- og Landbrugsbanken i Hjørring
    • Lokalbanken i Hjørring A/S
    • Lokalbanken i Vendsyssel A/S
    • Øster Brønderslev Sparekasse A/S
    • Hallund Sparekasse A/S
    • Brønderslev Sparekasse A/S
    • A/S Nørresundby Bank
    • A/S Banken for Nørresundby og Omegn
    • Aktieselskabet Tarm Bank
    • Egnsbank Vest A/S

    The bank’s capital and shares

    Art. 2

    The bank’s share capital shall be nom. DKK 25,391,697 in shares of nom. DKK 1.

    Art. 2a

    The general meeting has decided to authorise the board of directors to increase the share capital in one or more rounds by up to nom. DKK 5,078,339 with right of pre-emption for the bank’s existing shareholders. The capital increase shall be fully paid up in cash. The capital increase may be below the market price. This authorisation shall apply until 4 March 2030.

    Art. 2b

    The general meeting has decided to authorise the board of directors to increase the share capital in one or more rounds by up to nom. DKK 2,539,169 without right of pre-emption for the bank’s existing shareholders. The capital increase may be by cash payment or contribution of an existing company or specific asset values corresponding to the value of the shares issued. The capital increase shall be fully paid up at the market price ascertained by the board of directors. This authorisation shall apply until 4 March 2030.

    Art. 2c

    If the share capital is increased in accordance with Articles 2a and 2b, the board of directors shall determine the terms and conditions for subscription, including the time, matters relating to subscription, subscription price and the time from when the new shares carry a right to dividend. The board of directors may use the authorisations under Articles 2a and 2b to increase the share capital by a maximum of nom. DKK 5,078,339 in total.

    Art. 2d

    Shares for which subscription is made under the Articles 2a and 2b shall be negotiable securities and shall be registered in the holder’s name. The board of directors shall determine the extent to which the shares for which subscription is made under the specified articles carry the right to dividend from the year of subscription, and the shares shall also be subject to the same rules applying to the other shares with respect to rights, redeemability and negotiability. Finally, there shall be no limitations under the Article 2a and under the Article 2b to the subscribed shares’ right of pre-emption under Article 2a on future increases.

    Art. 2e

    The general meeting authorises the board of directors to make the requisite amendments to the Articles of Association required by the capital increases under the Articles 2a and 2b.

    Art. 3

    The shares shall be issued by name.
    The shares shall be negotiable instruments.
    No shareholder shall be obliged to permit redemption of his or her shares in whole or in part.
    There shall be no limitations to the negotiability of the shares.
    No shareholder shall have special rights.

    The bank’s share register is VP Securities A/S, CVR no. 21599336.

    Art. 4

    Lost shares, interim certificates, certificates of right of pre-emption, partial certificates, coupons and counterfoils may be cancelled by the bank without a court order under the current rules applying to shares which are negotiable instruments. The costs of cancellation shall be payable by the person who makes the request.

    The bank’s management

    The bank’s affairs shall be managed by:

    1. The general meeting

    2. The shareholders’ committee

    3. The board of directors

    4. General management

    The general meeting

    Art. 5

    The ordinary general meeting shall be held in Ringkøbing each year before the end of March.

    The board of directors may decide to hold all or part of a general meeting electronically, if the board of directors considers this to be appropriate and provided that proper conduct of the meeting is thereby assured and that other legal requirements for a partly or fully electronic general meeting are fulfilled. At electronic general meetings the shareholders may attend, speak and vote by electronic means. Details regarding registration and procedures for electronic attendance will be made available on the bank’s website and in the notice of the relevant general meeting.

    Extraordinary general meetings shall be held as decided by the general meeting, the shareholders’ committee, the board of directors, auditor, or at the request of shareholders who own one-twentieth (1/20) of the share capital.

    Art. 6

    Notice of the general meeting shall be given by the board of directors by announcement on the bank’s website. Notice in writing shall also be given to all shareholders listed in the share register who have so requested.

    The notice of meeting, which shall include the agenda for the general meeting, shall be given at the earliest five (5) weeks and at the latest three (3) weeks before the meeting.

    Proposals from shareholders for consideration at an annual general meeting shall be received by the chair of the shareholders’ committee at the latest six (6) weeks before the date of the general meeting.

    The agenda and all proposals for consideration by the general meeting shall be made available to the shareholders on the bank’s website at the latest three (3) weeks before the meeting. In the case of the annual general meeting, the annual report including auditor’s report and management’s report and any consolidated accounts shall also be made available to the shareholders on the bank’s website. The annual report shall be sent to each listed shareholder who has so requested.

    The press shall be entitled to attend the general meeting.

    Art. 6a

    The bank’s board of directors may decide that under Article 6 of the Articles of Association, annual reports may be sent electronically by e-mail to shareholders who are listed by name. The board of directors may further decide that admission cards may be ordered and proxies may be submitted via e-mail or on the bank’s website or that of the bank’s share register operator. The decision of the board of directors on the use of electronic communication under this Article 6a shall be announced on the bank’s website: www.landbobanken.dk. The bank shall request the e-mail addresses of those shareholders who are listed by name and to whom notices in electronic form can be sent. The shareholder shall be responsible for ensuring that the bank is in possession of the correct e-mail-address. Further information of a technical nature and on the procedure in connection with the electronic communication in question will be available to shareholders on the bank’s website if the board of directors should decide to implement this.

    Art. 7

    The agenda for the ordinary general meeting shall include:

    1.        Election of chairperson.

    2.        The board’s report on the bank’s activities in the previous year.

    3.        Presentation of the annual report for approval.

    4.        Decision on allocation of profit or covering of loss under the approved annual report.

    5.        Consultative vote on the remuneration report.

    6.        Approval of the remuneration of the board of directors for the current financial year.

    7.        Election of members to the shareholders’ committee.

    8.        Election of one or more auditors.

    9.         Authorisation for the board of directors to permit the bank to acquire its own shares.

    10.        Any proposals from the board of directors, the shareholders’ committee or shareholders.

    Art. 8

    The general meeting shall elect a chairperson by simple majority vote. The chairperson shall conduct the business of the meeting and rule on all questions of procedure, voting and the results of voting. Voting shall be in writing unless the meeting adopts a different procedure.

    Art. 9a

    Each shareholder eligible and intending to be present at a general meeting in accordance with Article 9b shall notify the bank accordingly no later than three (3) days before the meeting.

    Each share of nom. DKK 1 shall carry one (1) vote when the share is recorded in the bank’s share register, or when the shareholder has reported and documented his or her right. However, a shareholder may cast no more than 3,000 votes.

    Art. 9b

    A shareholder’s right to attend and vote at a general meeting shall be determined in accordance with the shares possessed by the shareholder on the date of registration. The registration date shall be one (1) week before the general meeting. The shares held by the individual shareholder on the registration date shall be counted on the basis of the listing of the shareholder’s capital in the share register and information on the ownership which the bank and/or the share register operator has received in connection with the recording in the share register, but which has not yet been entered in the share register.

    Art. 10

    All matters shall be decided at the general meeting by simple majority vote unless otherwise provided by law or these Articles of Association.

    A decision to amend the Articles of Association or to dissolve the bank shall only be valid if approved by at least two-thirds (2/3) of both votes cast and the share capital represented at the meeting.

    Art. 11

    The board of directors is authorised to decide to distribute extraordinary dividends in one or more rounds.

    The shareholders’ committee

    Art. 12

    The bank’s shareholders’ committee shall be elected at the general meeting by and from among the shareholders. The size of the shareholders’ committee shall be determined jointly by the committee and the board of directors, however with a minimum of thirty-seven (37) and a maximum of forty-two (42) members.

    The members of the shareholders’ committee shall be elected for two (2)-year terms. Re-election shall be permitted.

    The shareholders’ committee shall elect its chairperson and deputy chairperson each year.

    Shareholders who have reached the age of sixty-seven (67) may not be elected, and members of the shareholders’ committee shall retire from their positions at the first ordinary general meeting following their sixty-seventh birthday.

    Art. 13

    The shareholders’ committee shall normally meet at least twice a year and otherwise as often as the chairperson considers necessary or half of the members or the board of directors so request. Meetings of the shareholders’ committee shall be convened by the chairperson on at least eight (8) days’ notice.

    A quorum shall not exist unless over half of the members are present. Decisions shall then be taken by simple majority vote.

    Meetings of the shareholders’ committee shall be presided by the chairperson or, in the chairperson’s absence, by the deputy chairperson. Members of the bank’s board of directors who are not also members of the shareholders’ committee shall be entitled to participate in meetings of the committee but shall not be entitled to vote.

    Art. 14

    A report on the bank’s activities in the preceding period shall be presented at meetings of the shareholders’ committee, and the latest quarterly report sheet shall be reviewed.

    The shareholders’ committee shall work to ensure the bank’s prosperity and shall assist the board of directors and the general management to the best of its ability by procuring any information which the board of directors and the general management may require. The shareholders’ committee shall fix the board’s payment and shall decide on the establishment of branches as recommended by the board of directors.

    The shareholders’ committee shall not check the accuracy of the annual report.

    The board of directors

    Art. 15

    The board of directors shall consist of at least six (6) and at most ten (10) members who shall be elected by the shareholders’ committee.

    The board of directors shall also include the members who may be prescribed by law.

    Board members shall be elected for two (2)-year terms. Re-election shall be permitted.

    The board of directors shall elect its chairperson and up to two deputy chairpersons each year.

    A board member’s membership of the board shall cease if he or she resigns or retires from the shareholders’ committee.

    Board members elected by the shareholders’ committee shall retire from the board at the first ordinary general meeting following the date on which the member reaches the age of sixty-seven (67).

    The bank has established a voluntary arrangement regarding employee representation on the board of directors. The voluntary arrangement shall remain in force unless it ceases under the rules of the executive order on employee representation in force at any time. This provision on employee representation in this Article shall automatically lapse if the voluntary arrangement regarding employee representation lapses.

    Art. 16

    The board of directors shall specify procedures containing rules for the carrying out of its activities. A quorum shall not exist unless more than half the board members are present.

    Minutes of the board’s proceedings shall be kept and signed by all members present.

    The board of directors shall specify the extent to which management may make loans without the board’s prior participation.

    The board of directors may grant collective power to bind the company.

    General management

    Art. 17

    The general management, which is appointed by the board of directors, shall consist of one or more general managers, one of whom shall be chief executive officer.

    The general management shall participate – but without the right to vote – in meetings of the board of directors and the shareholders’ committee.

    Power to bind the company

    Art. 18

    The bank shall be bound by the signatures of

    1.        Two (2) members of the board of directors in conjunction.

    2.        One (1) member of the board of directors in conjunction with one (1) general manager.

    3.        Two (2) general managers in conjunction.

    Auditing

    Art. 19

    The audit shall be carried out by one or more auditors elected by the general meeting, however, at least such number as is required under the Danish Financial Business Act, and the auditors shall comply with the requirements specified in the Act. The election applies for one (1) year at a time.

    The auditors’ remuneration shall be set by the board of directors.

    The annual report

    Art. 20

    The bank’s financial year shall be the calendar year.

    After any loss from previous years has been covered, the net profit shall be allocated as follows:

    The remaining sum plus amounts carried forward shall be used as decided by the general meeting. The meeting may not, however, decide upon a higher dividend than that proposed or approved by the board of directors.

    Ringkøbing, 5 March 2025

    Disclaimer:
    “This document is a translation of an original document in Danish. The original Danish text shall be the governing text for all purposes and in case of any discrepancy the Danish wording shall be applicable.”

    Attachment

    The MIL Network –

  • MIL-OSI: ManageMy and Solvrays Enable Insurance Carriers to Automate Workflows and Deliver Better Customer Experiences

    Source: GlobeNewswire (MIL-OSI)

    CHARLOTTE, N.C., May 05, 2025 (GLOBE NEWSWIRE) — ManageMy, the platform purpose-built to simplify insurance through superior digital experiences, and Solvrays, an innovator in AI-driven automation for insurance operations, are uniting to help insurance carriers drive efficiency and enhance customer engagement. Together, the companies will combine their strengths—agentic AI, automated workflows, and no-code configuration—enabling Life and P&C carriers to deliver modern, end-to-end insurance journeys.

    Solvrays brings intelligent back-end automation powered by agentic AI into the ManageMy platform. ManageMy’s no-code capabilities allow carriers to configure, design, and launch any insurance workflow and front-end experience to fit their business needs. The combined solution eliminates inefficiencies caused by legacy systems, manual processes, and disjointed user experiences.

    “This partnership is about more than just automation. It’s about reimagining what’s possible in insurance,” said Bobbie Shrivastav, CEO of Solvrays. “Together, Solvrays and ManageMy are dismantling legacy barriers and rebuilding the backbone of insurance operations with intelligence, speed, and human-centered design. We’re equipping carriers to leap ahead, not just adapt to the pace of change.”

    Insurance carriers across both solutions will benefit from:

    • Configurable Workflows: Solvrays extracts and validates data from PDFs, handwritten forms, emails, and other unstructured sources. ManageMy lets business users configure rules-based workflows and digital experiences without coding or custom development.
    • Intelligent Automation: Solvrays leverages agentic AI to automate decisions, apply business logic, and route data between systems. ManageMy reflects those actions in real time to ensure smooth transitions between internal teams and external touchpoints.
    • Superior Digital Experiences: Solvrays powers complex back-end processes, while ManageMy renders the outcomes through sleek, white-labeled web and mobile portals—giving customers and agents immediate access to the latest information.

    “This partnership combines the best of intelligent operations with intuitive experience design,” said Stuart Johnston, CRO of ManageMy. “Carriers can automate complex workflows and deliver personalized digital experiences without replacing their core systems.”

    Carriers can expect seamless integration with existing core and legacy systems, reduced manual effort, intelligent data flows, and scalable operations without adding technical debt. These capabilities help accelerate service turnaround times and elevate customer satisfaction.

    About ManageMy
    ManageMy is the digital platform insurance carriers rely on to increase sales, reduce costs, and improve customer satisfaction. Built around a powerful no-code API, ManageMy integrates easily with existing core systems, giving carriers the flexibility to configure insurance workflows and digital experiences to their specific needs—improving conversion, accelerating risk assessment, and driving retention.

    ManageMy is purpose-built for carriers to meet rising expectations for seamless, digital-first XPeriences, without overhauling their core.

    For more information, visit: https://managemy.com

    About Solvrays

    Solvrays is an AI-powered enterprise workflow platform built to transform insurance service operations from the inside out. At the heart of our platform are 12 Genes—a modular suite of agentic AI capabilities that automate up to 70% of manual back-office work. Purpose-built for life, annuity, and P&C carriers, Solvrays replaces slow, fragmented processes with intelligent, connected workflows. In an industry spending over $300 billion annually on operations, Solvrays empowers carriers to cut costs, accelerate decisions, and deliver modern, seamless experiences—without ripping out core systems.

    For more information, visit: https://solvrays.com

    The MIL Network –

  • MIL-OSI: As Federal Collections Activity Resumes, More Than One in Five Federal Student Loan Borrowers With a Payment Due are Seriously Delinquent

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, May 05, 2025 (GLOBE NEWSWIRE) — As the U.S. Department of Education begins resuming collections activities among defaulted borrowers, new research reveals that the number of consumers at risk for default has soared past pre-pandemic levels. These findings come from a new analysis conducted by TransUnion (NYSE: TRU) and featured at the company’s 2025 Financial Services Summit, attended by 300+ leading industry executives.

    The Department of Education (DOE) initially suspended federal student loan payments in March 2020. The agency called for payments to resume in September 2023, with servicers directed not to report them to credit bureaus until October 2024, with the requirement that borrowers only be reported to credit bureaus as delinquent when they reach 90 days or more past due on federal student loan accounts. Last month, the DOE announced it would resume collection activities effective today.

    The analysis found that 20.5% of federal student loan borrowers with a payment due are 90 days or more past due (90+ DPD) as reported by their servicer through February 2025. This compares to 11.5% in February 2020, near the beginning of the pandemic and the subsequent student loan pause. The current rate of delinquency represents the highest figure ever recorded.

    More Consumers are 90+ Days Past Due (90+ DPD) Than Just Prior to the Pandemic

      February 2020 February 2025
    Total 11.5% 20.5%

    Source: TransUnion U.S. Consumer Credit Database

    “Student loans and their payment reporting are complex. More than one in five federal student loan borrowers with a payment due have been reported as seriously delinquent, but this figure may in fact be much higher,” said Michele Raneri, vice president and head of research at TransUnion. “The complexity arises in part from the various reasons borrowers might not be making payments without being considered delinquent, such as being a current student or in deferment or forbearance. We are continuing to analyze data to determine how many non-payers are at risk of being reported as seriously delinquent or default.”

    Across risk tiers, subprime saw the highest percentage of payment-due student loan borrowers seriously delinquent in February 2025, with 51% at 90+ DPD, up from 39% in February 2020. Near prime followed at 23% in February 2025 (up from 9% in February 2020).

    More Than Half of Subprime Federal Student Loan Borrowers With a Payment Due Were 90+ DPD

      February 2020 February 2025
    Super prime 0.1% 0.9%
    Prime plus 0.1% 2.1%
    Prime 1.3% 7.5%
    Near prime 9.1% 23.3%
    Subprime 38.8% 50.8%

    Source: TransUnion U.S. Consumer Credit Database

    The analysis also found that those consumers who had faced default since the end of the on-ramp saw their credit scores decline by an average of 63 points. And while a lower percentage of super prime borrowers were seriously delinquent, those who did ultimately default saw the impact on their credit scores to be significantly greater than that of traditionally more risky credit tiers. This is largely due to the fact that borrowers in higher credit risk tiers typically have fewer derogatory marks, so an account in default has the potential to have a significant and jarring impact.

    Among those borrowers who experienced a default in the months of January and February 2025, 23% were in prime and above risk tiers in December 2024.

    Consumers in the Super Prime Credit Tier Were the Most Impacted by Student Loan Default

    Risk Tier Prior to Default Average Credit Score* Change
    Super prime -175 pts
    Prime plus -121 pts
    Prime -99 pts
    Near prime -64 pts
    Subprime -42 pts

    *VantageScore® 4.0

    “Consumers may find themselves shocked by the dramatic and immediate impact that a default can have on their credit scores. Likewise, lenders need to recognize the significant potential impact on otherwise low-risk borrowers,” said Joshua Trumbull, senior vice president and head of consumer lending at TransUnion. “That need to identify potentially impacted consumers and the associated risk is creating a surge in lenders incorporating student loan-specific insights into portfolio reviews and doing those reviews more often.”

    To gain additional insights into how student loans are impacting the wallets of their potential customers, lenders can leverage TruVision Premium Student Loan Attributes to see details about student loan types, balances, and payment histories to help identify impacted consumers. Consumers seeking more information about how student loans affect credit can read our consumer blog on the topic.

    About TransUnion (NYSE: TRU)
    TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world. http://www.transunion.com/business

    Contact Dave Blumberg
      TransUnion
       
    E-mail  david.blumberg@transunion.com
       
    Telephone 312-972-6646

    The MIL Network –

  • MIL-OSI Economics: GLP-1R agonists poised to redefine chronic disease treatment beyond diabetes and obesity, says GlobalData

    Source: GlobalData

    GLP-1R agonists poised to redefine chronic disease treatment beyond diabetes and obesity, says GlobalData

    Posted in Pharma

    GLP-1 receptor agonists, once focused on treating diabetes and obesity, are now emerging as potential treatments for a broader range of chronic conditions, including Alzheimer’s disease. As evidence builds around their wider therapeutic benefits, particularly in targeting insulin resistance, drug developers are accelerating efforts to expand their use and potentially transform how multiple high-burden diseases are managed, according to GlobalData, a leading data and analytics company.

    Thanks to their mechanism of action and targeting weight loss, drugs like Ozempic and Mounjaro could treat diseases with the highest prevalences.

    GlobalData’s latest report “GLP-1R Agonists Label Expansions/Repurposing: Market Overview,” showcases an analysis of the GLP-1R agonists pipeline in multiple indications, highlighting the areas of major opportunity.

    From metabolic disorders, to neurodegenerative, the chronic aspect of these conditions makes them the most prevalent in our society, and it seems that some mechanisms of action are common to most of them.

    Costanza Alciati, Pharma Analyst at GlobalData, comments: “The GLP-1R agonists space is bound to expand. Their therapeutic potential just keeps evolving as studies widen the knowledge we have on this drug class. For instance, they combat insulin resistance, a mechanism which appears to be at the core of different conditions, from type 2 diabetes and obesity to neuroinflammation contributing to Alzheimer’s disease.”

    At present, the mechanisms by which GLP-1R agonists exert their effects are not fully understood, and for this reason the totality of their actions on the body is not either.

    Alciati continues: “Ensuring long-term safety of GLP-1R agonists treatment is one of the biggest unmet needs in the space, even though the medicines seem to be safe, and their positive points appear to outweigh the negatives.”

    The key opinion leaders (KOLs) interviewed by GlobalData referred to the possibility of GLP-1R agonists to become the “champions of the champions” if pivotal trials prove they are effective for Alzheimer’s disease and other neurological disorders. KOLs also mentioned that “there might be a chance that treatment guidelines, as we know them, could change completely.”

    Alciati concludes: “Companies are now racing to develop the next best candidate targeting the GLP-1 receptor, not only to gain market share in the metabolic diseases space, but potentially to be able to reposition a drug in many indications and this is a great market opportunity for any drug developer.”

    MIL OSI Economics –

  • MIL-OSI Economics: Three CAR-T therapies to capture over 70% of T-Cell immunotherapy market in 2025, forecasts GlobalData

    Source: GlobalData

    Three CAR-T therapies to capture over 70% of T-Cell immunotherapy market in 2025, forecasts GlobalData

    Posted in Pharma

    T-cell immunotherapies (TCI) are redefining cancer care, with chimeric antigen receptor T-cell (CAR-T) therapies witnessing significant momentum. In 2025, just three drugs- Carvykti by Legend Biotech, Yescarta by Gilead Sciences, and Breyanzi by Bristol-Myers Squibb (BMS)– are expected to capture over 70% of the global T-cell immunotherapy market, according to GlobalData, a leading data and analytics company.

    GlobalData’s latest report  “T-Cell Immunotherapy Landscape: Comprehensive Analysis of Current Drugs and Dynamics,”  reveals that the TCI space is entering a new growth phase, driven by clinical success and investor confidence. Sales are forecast to double between 2024 and 2027, as CAR-T therapies continue expanding beyond blood cancers into solid tumors.

    Eleni Tokali, Pharma Analyst at GlobalData, comments: “Cavykti, Yescarta, and Breyanzi are not only setting the standard for CAR-T therapies- but they are also poised to capture a massive share of the TCI market in 2025 alone, which highlights their impact and commercial momentum.”

    Currently, CAR-T therapies account for 73% of all T-cell therapies in the pipeline- five times more than TCR-based therapies. Of the 16 approved TCI drugs to date, 13 are CAR-Ts, primarily targeting hematological malignancies. Despite this, TCR-based therapies and other T-cell approaches are gaining traction, and their expanded potential in solid tumors is becoming a major focus in research.

    Tokali adds: “CAR-T therapies are at the forefront of T-cell immunotherapy, but the entire space, including TCR-based therapies, is advancing rapidly.”

    GlobalData projects 44 new TCI drug approvals by 2029, with 18 expected in 2027 alone.

    Tokali concludes: “The TCI market has seen an incredible surge in deal activity, with a 1,600% increase in deal volume from 2010 to 2024. In 2023 alone, 226 deals were recorded, with equity offerings making up 44% of all financing activity, signalling growing investor confidence in the field.”

    MIL OSI Economics –

  • MIL-OSI Economics: South Africa card payments to exceed $158 billion in 2025 amid digital surge and inclusion push, forecasts GlobalData

    Source: GlobalData

    South Africa card payments to exceed $158 billion in 2025 amid digital surge and inclusion push, forecasts GlobalData

    Posted in Banking

    The South African card payments market is on a solid growth trajectory, projected to reach ZAR2.9 trillion ($158.8 billion) in 2025. This momentum is driven by a growing shift toward digital payments, bolstered by enhanced financial inclusion, expanding payment infrastructure, and rising consumer preference for speed, safety, and convenience in everyday transactions, says GlobalData, a leading data and analytics company.

    GlobalData’s Payment Cards Analytics reveals that card payment value in South Africa registered a growth of 10.3% in 2024 to reach ZAR2.7 trillion ($149.4 billion). This growth is primarily fuelled by the rise in the consumer spending and wider acceptance of card payments among merchants.

    Yasaswini Pujitha, Banking and Payments Analyst at GlobalData, comments: “The South African payment landscape is evolving rapidly, supported by growing banking population, rising contactless payment adoption and developing payment infrastructure. The average frequency of payments per card stands at 118.1 times in 2024, which is higher compared to its peers such as Nigeria (51), Egypt (24.2), Morocco (10.9), and Kenya (5.3).”

    Debit card payments held a significant share of the total card payments market in South Africa, accounting for 74% in total payment value in 2024. This is primarily driven by the expanding banking population and increasing use of debit cards for low-value, day-to-day payments. Meanwhile, digital banks and fintech companies such as Discovery Bank, TymeBank, and Bank Zero are offering innovative banking services, further increasing competition in the debit card space.

    Credit and charge cards, on the other hand, held the remaining 26% share of card payments by value in 2024. The adoption and usage of these cards is driven by the associated value-added benefits offered by banks, such as cashback, reward points, discounts, and installment payment facilities. This growth is also supported by the rising middle class and a young, working population.

    The rise of contactless payments is contributing to the overall card payments growth with banks and scheme providers increasingly promoting this technology. Both consumers and merchants are embracing the contactless technology in the country.

    According to GlobalData’s 2024 Financial Services Consumer Survey*, 68.4% of the respondents in South Africa indicated having access to a contactless card and used it for payments.

    Growing adoption of contactless card payments for transport services is also contributing to the expansion of card payment market. South African National Roads Agency Limited (SANRAL) is implementing the nationwide rollout of contactless payment systems at toll plazas.

    Effective from 1 December 2024, magstripe card payments were phased out at certain toll gates, with a complete transition to contactless payments expected by 31 May 2025. This initiative is backed up by the financial institutions, along with payment scheme providers such as Visa and Mastercard.

    Pujitha concludes: “South Africa’s payment card landscape is set for steady growth over the next five years, marked by increased adoption of payment cards amid a boarder digital transformation. The proliferation of digital banks, an increasing preference for contactless technology, and improving payment infrastructure are the key drivers for this growth. The market is expected to grow at a compound annual growth rate (CAGR) of 6.7% between 2025 and 2029 to reach ZAR3.8 trillion ($206.2 billion) in 2029.”

    *GlobalData’s 2024 Financial Services Consumer Survey was carried out in Q2 2024. Approximately 67,292 respondents aged 18+ were surveyed across 41 countries.

    MIL OSI Economics –

  • MIL-OSI Russia: GUU became the arena for the National Project Management Championship

    Translation. Region: Russian Federal

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

    The National Project Management Championship was held at the State University of Management, organized jointly with the youth wing of the project management association SOVNET Young Crew Russia.

    The National Project Management Championship is a two-stage competition consisting of a qualification round and a final. The event aims to increase student involvement in project management, interest in professional project management, and the exchange of knowledge and experience between researchers and the professional community.

    The championship brought together representatives from 24 Russian cities. At the first stage, 93 teams from 47 universities passed the ICB 4.0 standard test prepared by SOVNET Vice President Alexander Kaltykov and consisting of 28 cases. The finalist teams met at the State University of Management to get acquainted, exchange experiences, try their hand at developing a project based on a real case from the Project PRACTICE Group of Companies and compete for the main prize – the opportunity to undergo free IPMA Level D certification.

    To evaluate the teams’ work, a pool of experts was formed, which included seven professionals in the field of project management:

    Dmitry Bryukhanov – Vice-Rector of the State University of Management; Dmitry Medvedev – Director of the SOVNET-SERT Certified Center; Yuri Kim – General Director of ANO TsORPU; Maxim Guzenko – Head of the Department for Work with Universities of the Moscow Bank of PJSC Sberbank; Natalia Starkova – Director of the Department of Academic Policy and Implementation of Educational Programs of the State University of Management; Evgeny Bespalov – Head of the Project Office of JSC GT Energo; Mikhail Zorin – Chairman of the Young Crew SOVNET youth community

    The partners of the event were: – SOVNET – National Project Management Association; – GC “Project PRACTICE”; – PJSC “Sberbank”; – ANO “TsORPU”; – Business Studio “LAB”; – Case Club Garnet.

    Teams from GUU, HSE, RTU MIREA, Financial University, PNIPU and RANEPA defended their projects. Four hours of non-stop brainstorming: participants, like seasoned architects of the future, designed a solution for one of the key national projects, tying it to the region of Russia they had chosen.

    The third place was taken by the team of the National Research University Higher School of Economics with a project to develop a digital product aimed at developing a culture of blood donation in the Samara region. The second place was taken by the team of the Russian Presidential Academy of National Economy and Public Administration, which proposed the development of the SPO program “Innovation Engineer”, which solves the problem of shortage of qualified personnel in the Kaluga region. The well-deserved victory was won by the team of the Financial University under the Government of the Russian Federation with a project to develop and implement stops in the city of Gorlovka that ensure safety for local residents.

    Subscribe to the TG channel “Our GUU” Date of publication: 05.05.2025

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

    MIL OSI Russia News –

  • MIL-OSI: Descartes Sets Date to Announce First Quarter Fiscal 2026 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    WATERLOO, Ontario and ATLANTA, May 05, 2025 (GLOBE NEWSWIRE) — Descartes Systems Group (TSX: DSG) (Nasdaq: DSGX), the global leader in uniting logistics-intensive businesses in commerce, is scheduled to report its first quarter fiscal 2026 financial results after market close on Wednesday, June 4, 2025.

    Members of Descartes’ executive management team will host a conference call to discuss the company’s financial results at 5:30 p.m. ET on Wednesday, June 4. Designated numbers are +1 289 514 5100 for North America and +1 800 717 1738 for international, using conference ID 26605.

    The company will simultaneously conduct an audio webcast on the Descartes website at www.descartes.com/descartes/investor-relations. Phone conference dial-in or webcast log-in is required approximately 10 minutes beforehand.

    Replays of the conference call will be available until June 11, 2025, by dialing +1 289 819 1325 or Toll-Free for North America using +1 888 660 6264 with Playback Passcode: 26605#. An archived replay of the webcast will be available at www.descartes.com/descartes/investor-relations.

    About Descartes Systems Group

    Descartes is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security, and sustainability of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, track and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world’s largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and X (Twitter).

    Descartes Investor Contact
    Laurie McCauley
    (519) 746-2969
    investor@descartes.com

    The MIL Network –

  • MIL-OSI: Hyperscale Data Announces Preliminary $25 Million in Revenue for Q1 2025, Provides Full-Year Guidance of $115–$125 Million

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, May 05, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced preliminary financial results for the first quarter of 2025, which ended March 31, 2025, with revenue surpassing $25 million. The Company also issued guidance for the full fiscal year 2025, projecting revenue between $115 million and $125 million. The Company notes year-over-year growth at its subsidiaries, Ault Global Real Estate Equities, Inc., Circle 8 Crane Services, LLC and TurnOnGreen, Inc.

    In the first quarter, Hyperscale Data recognized a significant one-time gain of approximately $9.7 million due to the deconsolidation of Avalanche International, Corp. Additionally, the Company is continuing to transition its Michigan data center into a cutting-edge artificial intelligence (“AI”) data center, positioning itself at the forefront of AI infrastructure and service growth.

    “2025 is off to a strong start with growth across several of our core businesses,” said William B. Horne, Chief Executive Officer of Hyperscale Data. “Our transition of the Michigan facility to an AI data center and partial divestment of non-core assets are key milestones as we position Hyperscale Data for long-term success.”

    The Company’s strategic transition and focus on high-growth sectors are designed to ensure that Hyperscale Data is prepared to capture emerging opportunities and deliver sustained value to its stockholders. The Company encourages stockholders to read the About Hyperscale Data, Inc. section for information regarding the upcoming divestiture of certain Company assets.

    For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

    About Hyperscale Data, Inc.

    Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, Ault Capital Group, Inc. (“ACG”), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

    Hyperscale Data expects to divest itself of ACG on or about December 31, 2025 (the “Divestiture”). Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support high-performance computing services, though it may at that time continue to mine Bitcoin. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

    On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be stockholders of ACG upon the occurrence of the Divestiture.

    Forward-Looking Statements

    This press release contains “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. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

    Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

    Hyperscale Data Investor Contact:
    IR@hyperscaledata.com or 1-888-753-2235

    The MIL Network –

  • MIL-OSI Economics: 44th Half Yearly Report on Management of Foreign Exchange Reserves: October 2024 – March 2025

    Source: Reserve Bank of India

    The Reserve Bank of India has today released the 44th half-yearly report on management of foreign exchange reserves with reference to end-March 2025.

    The position of foreign exchange reserves as on April 25, 2025 is as under:

    US $ Billion
    Foreign Exchange Reserves (i+ii+iii+iv)* 688.13
    i. Foreign Currency Assets (FCA) 580.66
    ii. Gold 84.37
    iii. Special Drawing Rights (SDRs) 18.59
    iv. Reserve Tranche Position (RTP) 4.51
    * Difference, if any, is due to rounding-off.

    It may be recalled that in February 2004, the Reserve Bank had started a process of compiling half yearly reports and placing them in the public domain for bringing about more transparency and enhancing the level of disclosure in relation to management of the country’s foreign exchange reserves.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/253

    MIL OSI Economics –

  • MIL-OSI: Atos Announces SecureHorizons NIS2 Compliance Manager Application Powered by the ServiceNow Platform to Streamline Cybersecurity Efforts

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    Atos Announces SecureHorizons NIS2 Compliance Manager Application Powered by the ServiceNow Platform to Streamline Cybersecurity Efforts

    First-to-market Application Helps Customers Achieve NIS2 Compliance Through Streamlined, Automated Workflows

    Paris, May 5th, 2025 – Atos, a global leader in digital transformation, today announced the launch of its SecureHorizons NIS2 Compliance Manager Application, powered by ServiceNow, to replace time-consuming and error-prone manual processes with automated workflows, enabling organizations to meet the stringent compliance requirements of the NIS2 Directive.

    The NIS2 Directive, the latest iteration of the Network and Information Security Directive, is a European policy aimed at strengthening cybersecurity across the European Union (EU). It is designed to help organizations protect themselves against cyber threats and ensure that the EU’s cyber infrastructure is more secure and robust. The NIS2 directive has become mandatory for every company, wherever they are operating or trading in the EU or globally.

    The directive requires organizations to implement risk management measures, conduct regular employee training, and adhere to stringent standards to ensure continuous compliance. Non-compliance with NIS2 can result in various penalties, ranging from compliance orders and security audit mandates to administrative fines of at least 10 million Euros or 2% of global revenue.

    SecureHorizons NIS2 Compliance Manager App on ServiceNow provides customers with a single technology platform that replaces time-consuming and error-prone manual processes with efficient, standardized and automated workflows. It offers greater assurance, reduces risk across the enterprise, and delivers compliance reporting and guidance through a single dashboard.

    Atos’ SecureHorizons application powered by ServiceNow offers:

    • End-to-end compliance workflows integrating people, processes, and technology.
    • Accelerated implementation through standardized and automated building blocks.
    • A unified dashboard for monitoring compliance across the organization.
    • Cost efficiencies by leveraging existing frameworks.
    • Simplified management for multinational organizations navigating varying regulations.

    This co-innovation between Atos and ServiceNow enhances assurances, reduces enterprise risk, and delivers actionable compliance insights through a scalable, user-friendly solution.

    “The SecureHorizons application, built on the ServiceNow platform, is the ideal solution for organizations preparing for NIS2 compliance” said Chetan Manjarekar, Head of Digital Smart Platforms, Atos. “SecureHorizons combines Atos’ deep expertise in cybersecurity legislation and regulatory trends with the power of the Now Platform to deliver streamlined workflows and actionable insights. This solution enables organizations to proactively address compliance gaps, respond to audit requirements, and accelerate their digital transformation.”.

    “Partnerships succeed best when we lean into our unique skills and expertise and have a clear view into the problem we’re trying to solve” said Erica Volini, executive vice president, worldwide industries, partners, and go-to-market at ServiceNow. “Atos’ SecureHorizons NIS2 Compliance Manager Application extends our reach well beyond where we can go alone and represents the legacy and goals of the Now Platform. I am thrilled to see the continued innovation we will achieve together to help organizations succeed in the era of digital business.”

    SecureHorizons is now available on the ServiceNow Store, providing organizations with a powerful, scalable tool to achieve NIS2 compliance.

    ***

    About Atos

    Atos is a global leader in digital transformation with c. 74,000 employees and annual revenue of c. € 10 billion. European number one in cybersecurity, cloud and high-performance computing, the Group provides tailored end-to-end solutions for all industries in 68 countries. A pioneer in decarbonization services and products, Atos is committed to a secure and decarbonized digital for its clients. Atos is a SE (Societas Europaea) and listed on Euronext Paris.

    The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

    Press contact:
    Laurent Massicot – laurent.massicot@atos.net

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    The MIL Network –