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Category: CTF

  • MIL-OSI Asia-Pac: TAC welcomes Government’s proposal to regulate online hailing hire car services

    Source: Hong Kong Government special administrative region

    TAC welcomes Government’s proposal to regulate online hailing hire car services 
    The Transport Advisory Committee (TAC) welcomes the Government’s submission of the legislative proposal to regulate online hailing hire car services to the Legislative Council Panel on Transport.
     
    The Chairman of the TAC and the Working Group for Enhancing Personalised Point-to-Point Transport Services (Working Group), Professor Stephen Cheung, said, “The development density of Hong Kong is high, with nearly 90 per cent of commuters using public transport. We agree with the Government’s adherence to a public transport oriented policy and the effective utilisation of limited road resources. With advancements in technology and changing travel patterns, booking and providing personalised point-to-point transport services through online hailing platforms have become an international trend. Various sectors of society, the taxi trade and online hailing platform companies have been calling on the Government to regulate online hailing hire car services, with a view to creating a healthy and sustainable competitive environment for the personalised point-to-point transport market.”
     
         “The TAC welcomes the Government’s legislative proposal to regulate online hailing hire car services from three aspects, namely platforms, vehicles, and drivers, to ensure that the services provided comply with legal requirements and regulations relating to safety standards and service quality. This will help safeguard passengers’ safety and rights and meet the travel needs of the public. The TAC expects that, after the relevant regulation has been implemented, taxis will continue to maintain its current advantages and coexist with online hailing hire cars, thereby meeting passengers’ diversified transport demands.” Professor Cheung continued.
     
    The TAC established the Working Group in July last year to advise the Government on the regulation of online hailing hire car services. The Working Group comprises a number of TAC members, representatives from relevant agencies/departments, namely the Insurance Authority and the Tourism Commission, as well as representatives from the Transport and Logistics Bureau and the Transport Department. In February this year, the Working Group met with representatives from the taxi trade and online hailing platform companies to gather their views and suggestions, and subsequently received views from various taxi trade representatives, online hailing platform companies and the public regarding the regulation of online hailing hire car services. The Working Group has previously submitted the views collected, along with the research findings on the regulation of online hailing hire car services in other regions, to the Government.
    Issued at HKT 20:52

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    July 16, 2025
  • MIL-OSI Asia-Pac: TAC welcomes Government’s proposal to regulate online hailing hire car services

    Source: Hong Kong Government special administrative region

    TAC welcomes Government’s proposal to regulate online hailing hire car services 
    The Transport Advisory Committee (TAC) welcomes the Government’s submission of the legislative proposal to regulate online hailing hire car services to the Legislative Council Panel on Transport.
     
    The Chairman of the TAC and the Working Group for Enhancing Personalised Point-to-Point Transport Services (Working Group), Professor Stephen Cheung, said, “The development density of Hong Kong is high, with nearly 90 per cent of commuters using public transport. We agree with the Government’s adherence to a public transport oriented policy and the effective utilisation of limited road resources. With advancements in technology and changing travel patterns, booking and providing personalised point-to-point transport services through online hailing platforms have become an international trend. Various sectors of society, the taxi trade and online hailing platform companies have been calling on the Government to regulate online hailing hire car services, with a view to creating a healthy and sustainable competitive environment for the personalised point-to-point transport market.”
     
         “The TAC welcomes the Government’s legislative proposal to regulate online hailing hire car services from three aspects, namely platforms, vehicles, and drivers, to ensure that the services provided comply with legal requirements and regulations relating to safety standards and service quality. This will help safeguard passengers’ safety and rights and meet the travel needs of the public. The TAC expects that, after the relevant regulation has been implemented, taxis will continue to maintain its current advantages and coexist with online hailing hire cars, thereby meeting passengers’ diversified transport demands.” Professor Cheung continued.
     
    The TAC established the Working Group in July last year to advise the Government on the regulation of online hailing hire car services. The Working Group comprises a number of TAC members, representatives from relevant agencies/departments, namely the Insurance Authority and the Tourism Commission, as well as representatives from the Transport and Logistics Bureau and the Transport Department. In February this year, the Working Group met with representatives from the taxi trade and online hailing platform companies to gather their views and suggestions, and subsequently received views from various taxi trade representatives, online hailing platform companies and the public regarding the regulation of online hailing hire car services. The Working Group has previously submitted the views collected, along with the research findings on the regulation of online hailing hire car services in other regions, to the Government.
    Issued at HKT 20:52

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    July 16, 2025
  • MIL-OSI Asia-Pac: TAC welcomes Government’s proposal to regulate online hailing hire car services

    Source: Hong Kong Government special administrative region

    TAC welcomes Government’s proposal to regulate online hailing hire car services 
    The Transport Advisory Committee (TAC) welcomes the Government’s submission of the legislative proposal to regulate online hailing hire car services to the Legislative Council Panel on Transport.
     
    The Chairman of the TAC and the Working Group for Enhancing Personalised Point-to-Point Transport Services (Working Group), Professor Stephen Cheung, said, “The development density of Hong Kong is high, with nearly 90 per cent of commuters using public transport. We agree with the Government’s adherence to a public transport oriented policy and the effective utilisation of limited road resources. With advancements in technology and changing travel patterns, booking and providing personalised point-to-point transport services through online hailing platforms have become an international trend. Various sectors of society, the taxi trade and online hailing platform companies have been calling on the Government to regulate online hailing hire car services, with a view to creating a healthy and sustainable competitive environment for the personalised point-to-point transport market.”
     
         “The TAC welcomes the Government’s legislative proposal to regulate online hailing hire car services from three aspects, namely platforms, vehicles, and drivers, to ensure that the services provided comply with legal requirements and regulations relating to safety standards and service quality. This will help safeguard passengers’ safety and rights and meet the travel needs of the public. The TAC expects that, after the relevant regulation has been implemented, taxis will continue to maintain its current advantages and coexist with online hailing hire cars, thereby meeting passengers’ diversified transport demands.” Professor Cheung continued.
     
    The TAC established the Working Group in July last year to advise the Government on the regulation of online hailing hire car services. The Working Group comprises a number of TAC members, representatives from relevant agencies/departments, namely the Insurance Authority and the Tourism Commission, as well as representatives from the Transport and Logistics Bureau and the Transport Department. In February this year, the Working Group met with representatives from the taxi trade and online hailing platform companies to gather their views and suggestions, and subsequently received views from various taxi trade representatives, online hailing platform companies and the public regarding the regulation of online hailing hire car services. The Working Group has previously submitted the views collected, along with the research findings on the regulation of online hailing hire car services in other regions, to the Government.
    Issued at HKT 20:52

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    July 16, 2025
  • MIL-OSI: Graphjet Technology Discloses Filing of Annual Report

    Source: GlobeNewswire (MIL-OSI)

    Innovative technological leader to oversee all technical, operational, customer support and business development initiatives

    KUALA LUMPUR, Malaysia, July 15, 2025 (GLOBE NEWSWIRE) — Graphjet Technology (“Graphjet” or “the Company”) (Nasdaq:GTI), a leading developer of patented technologies to produce graphite and graphene directly from agricultural waste, today announced that it caused to be filed its Annual Report on 10-K for the year ended September 30, 2024. The Company is currently working diligently with its accountants and auditors to finalize its Quarterly Reports on Form 10-Q as soon as practicable as part of its effort to bring the Company back to full compliance. 

    About Graphjet Technology

    Graphjet Technology (Nasdaq: GTI) was founded in 2019 in Malaysia as an innovative graphene and graphite producer. Graphjet Technology has the world’s first patented technology to recycle palm kernel shells generated in the production of palm seed oil to produce single layer graphene and artificial graphite. Graphjet’s sustainable production methods utilizing palm kernel shells, a waste agricultural product that is common in Malaysia, will set a new shift in graphite and graphene supply chain of the world. For more information, please visit https://www.graphjettech.com/.

    Cautionary Statement Regarding Forward-Looking Statements

    The information in this press release contains certain “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “aim,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result” and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) changes in the markets in which Graphjet competes, including with respect to its competitive landscape, technology evolution or regulatory changes; (ii) the risk that Graphjet will need to raise additional capital to execute its business plans, which may not be available on acceptable terms or at all; (iii) Graphjet is beginning the commercialization of its technology and it may not have an accurate estimate of future capital expenditures and future revenue; (iv) statements regarding Graphjet’s industry and market size; (v) financial condition and performance of Graphjet, including the anticipated benefits, the implied enterprise value, the financial condition, liquidity, results of operations, the products, the expected future performance and market opportunities of Graphjet; (vi) Graphjet’s ability to develop and manufacture its graphene and graphite products; (vii) Graphjet’s ability to return to and maintain compliance with Nasdaq continued listing standards; and (viii) those factors discussed in our filings with the SEC. You should carefully consider the foregoing factors and the other risks and uncertainties that will be described in the “Risk Factors” section of the documents to be filed by Graphjet from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward- looking statements, and while Graphjet may elect to update these forward-looking statements at some point in the future, they assume no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law. Graphjet does not give any assurance that Graphjet will achieve its expectations.

    Graphjet Technology Contacts

    Investors
    GraphjetIR@icrinc.com 

    Media
    GraphjetPR@icrinc.com 

    The MIL Network –

    July 16, 2025
  • MIL-OSI: Aurigo Software Launches Primus, AI-powered Capital Planning Solution for Private Facility Owners

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, July 15, 2025 (GLOBE NEWSWIRE) — Aurigo Software, the leading provider of capital planning and construction management software for capital owners, has announced the launch of Aurigo Primus, an AI-powered capital planning solution tailored for healthcare, manufacturing, retail, and data center development. Primus is purpose-built to support high-impact, upstream decision-making that drives long-term investment. By connecting planning with construction and leveraging real-time project data, Primus delivers greater visibility and ensures continuous improvement in future planning cycles.

    The global capital expenditure market is projected to grow from $727.81 billion in 2024 to $767.84 billion in 2025, reaching $2.47 trillion by 2033 at a compound annual growth rate of 5.5%. Facility owners are under immense pressure to deploy capital effectively, yet many continue to face challenges due to outdated or siloed data, manual processes, and fragmented workflows. These inefficiencies often result in delayed decisions, missed opportunities, and a lack of clarity across programs.

    “For years, we’ve helped governments plan over $450 billion in infrastructure by helping them identify the right projects, justifying them with data, and getting them approved,” said Balaji Sreenivasan, CEO and founder of Aurigo Software. “With Primus, we’re bringing that same capability to a wider audience, enabling them to score projects, compare scenarios, quantify ROI, build out multi-year cashflows, and get to a yes, more confidently.”

    The Aurigo Primus Plan platform helps facility owners make smarter investments by providing a standardized framework for capturing and evaluating opportunities that align with business goals. It offers comprehensive financial tools to forecast costs, assess risks, and manage budgets effectively. AI-driven scenario planning enables users to prioritize projects, model cash flows, and optimize funding strategies. Real-time alerts and intelligent monitoring keep portfolio plans aligned with actual field data, ensuring decisions stay accurate and up-to-date.

    With Primus, you can:

    • Maximize ROI and cut capital waste by funding the right projects
    • Accelerate planning cycles through automated workflows and AI-guided insights
    • Gain full financial visibility by aligning teams and centralizing data
    • Reduce risk with real-time visibility into portfolio health, cost drivers, and schedule impacts

    “Facility owners are often navigating complex and high-stakes capital decisions while relying on legacy software and outdated processes,” said Pete Olds, Vice President of Professional Services and Customer Success at Aurigo Software. “Primus is built to support the strategic needs of capital planning leaders, giving FP&A professionals, department heads, and operational managers the visibility and control they need to drive better outcomes, faster.”

    Aurigo’s customers include some of the largest infrastructure and facilities owners in North America, spanning federal and state agencies, departments of transportation, and water authorities. Building on this success, the company’s latest platform—Primus—is now available to owners in sectors such as data centers, healthcare, manufacturing, retail, and warehousing. In 2025, Aurigo plans to expand the platform with additional AI-powered products to offer end-to-end solutions that transform how capital programs are planned, built, and delivered.

    About Aurigo Software

    Aurigo builds software that helps build the world. Aurigo provides modern, cloud-based solutions for capital infrastructure and private owners to help them plan with confidence and build with quality. With more than $450 billion of capital programs under management, Aurigo’s solutions are trusted by over 300 customers in transportation, water and utilities, healthcare, higher education, and the government, with over 40,000 projects across North America. Aurigo helps capital program executives make better decisions based on proprietary artificial intelligence and machine learning technology. Aurigo is a privately held U.S. corporation headquartered in Austin, Texas, with global offices in Canada and India. Learn more at www.aurigo.com.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1687f8dd-2b6f-40d1-a22f-7c5cf3596e0a

    The MIL Network –

    July 16, 2025
  • MIL-OSI: LPL Financial Welcomes Waznik Heike Group

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, July 15, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that the team of 11 financial advisors from Waznik Heike Group have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. They reported serving approximately $750 million in advisory, brokerage and retirement plan assets* and join LPL from Osaic.

    Headquartered in Menomonie, Wis., with additional offices in Durand, Superior, Eau Claire and Rice Lake, the firm is led by partners Brad Waznik and John Heike, CFP®, ChFC®, CLU®, CASL®, CAP®, RICP®, who worked together for years before teaming back up in 2024 to form their own practice. Together, the team, who have more than 100 years of combined industry experience, takes a strategic, personalized and proactive approach to wealth management using experienced advice and tailored strategies to help guide their clients towards a more secure fiscal future.

    “My favorite part of this job is connecting with our clients in a meaningful and purposeful way,” Heike said. “Many of our clients are nearing or in retirement, and they have questions about how to be financially responsible while making the most of their golden years. It’s our role to help them answer their questions, make decisions and help take that stress off their shoulders.”

    Looking to enhance their offerings and provide an elevated client experience, the Waznik Heike Group team, which includes Gene Larock, Steve Helling, Kyle Thorpe, Jon Storing, Tyler Schroyer, ChFC®, Coltin Brehm, Jerry Hagman, Bryan LaVoy and Sam Ferch, along with their support staff, turned to LPL.

    “We were looking for a partner that was committed to helping us provide a next-level client experience, and we found that partner with LPL,” Waznik said. “From their robust and integrated technology to their back-office support, LPL is committed to helping us serve our clients better. Plus, LPL is self-clearing, which is a bonus. LPL is a leader in this industry, and we are confident that this partnership is the right choice for our business and our clients.”

    Scott Posner, LPL Managing Director, Business Development, said, “We welcome Brad, John and their team to the LPL community. Just as the Waznik Heike Group walks in lockstep with their clients to help them build lasting financial confidence, we are committed to helping our advisors differentiate themselves and enhance their client experience. We look forward to supporting the Waznik Heike Group for years to come.”

    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 $1.8 trillion in brokerage and advisory assets on behalf of approximately 7 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. Waznik Heike Group and LPL Financial are separate entities.

    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.

    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 #743816

    The MIL Network –

    July 16, 2025
  • MIL-OSI: LPL Financial Welcomes Waznik Heike Group

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, July 15, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that the team of 11 financial advisors from Waznik Heike Group have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. They reported serving approximately $750 million in advisory, brokerage and retirement plan assets* and join LPL from Osaic.

    Headquartered in Menomonie, Wis., with additional offices in Durand, Superior, Eau Claire and Rice Lake, the firm is led by partners Brad Waznik and John Heike, CFP®, ChFC®, CLU®, CASL®, CAP®, RICP®, who worked together for years before teaming back up in 2024 to form their own practice. Together, the team, who have more than 100 years of combined industry experience, takes a strategic, personalized and proactive approach to wealth management using experienced advice and tailored strategies to help guide their clients towards a more secure fiscal future.

    “My favorite part of this job is connecting with our clients in a meaningful and purposeful way,” Heike said. “Many of our clients are nearing or in retirement, and they have questions about how to be financially responsible while making the most of their golden years. It’s our role to help them answer their questions, make decisions and help take that stress off their shoulders.”

    Looking to enhance their offerings and provide an elevated client experience, the Waznik Heike Group team, which includes Gene Larock, Steve Helling, Kyle Thorpe, Jon Storing, Tyler Schroyer, ChFC®, Coltin Brehm, Jerry Hagman, Bryan LaVoy and Sam Ferch, along with their support staff, turned to LPL.

    “We were looking for a partner that was committed to helping us provide a next-level client experience, and we found that partner with LPL,” Waznik said. “From their robust and integrated technology to their back-office support, LPL is committed to helping us serve our clients better. Plus, LPL is self-clearing, which is a bonus. LPL is a leader in this industry, and we are confident that this partnership is the right choice for our business and our clients.”

    Scott Posner, LPL Managing Director, Business Development, said, “We welcome Brad, John and their team to the LPL community. Just as the Waznik Heike Group walks in lockstep with their clients to help them build lasting financial confidence, we are committed to helping our advisors differentiate themselves and enhance their client experience. We look forward to supporting the Waznik Heike Group for years to come.”

    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 $1.8 trillion in brokerage and advisory assets on behalf of approximately 7 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. Waznik Heike Group and LPL Financial are separate entities.

    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.

    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 #743816

    The MIL Network –

    July 16, 2025
  • MIL-OSI: Tango Strengthens Executive Team to Power Next Phase of Growth

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, July 15, 2025 (GLOBE NEWSWIRE) — Tango, the leading provider of cloud-based real estate and facilities management software solutions, is pleased to announce the strategic expansion of its executive leadership team with the appointments of Jill Martin as Chief Administrative Officer (CAO) and Steve Swanston as Chief Revenue Officer (CRO). These leadership additions reflect the company’s focus on strengthening customer relationships, scaling its operations, and driving continued innovation across its global footprint.

    “As we look to the future, building a world-class leadership team is essential to remaining deeply connected to customers at scale and achieving our ambitious goals,” said Jon Elliott, Tango’s Chief Executive Officer. “Jill and Steve bring the strategic insight and operational excellence we need to grow with purpose. Their leadership will help us unlock new opportunities and deepen the value we deliver to our customers every day. Their appointments mark an exciting new chapter in Tango’s journey.”

    Jill Martin brings more than 20 years of legal, compliance, and business leadership experience to Tango, having guided mid-sized, global technology companies through periods of rapid growth and transformation. As CAO, she leads Tango’s people & culture, legal & compliance, information security and information technology functions, ensuring the company operates with integrity, engagement, agility, and resilience. Prior to joining Tango, Jill served as Senior Vice President & General Counsel at Halff, and held senior legal roles at the Nemetschek Group and Bluebeam, Inc.

    Steve Swanston joins Tango as CRO with a strong track record of driving revenue growth and building high-performing sales organizations. As CRO, Steve leads Tango’s sales and marketing functions, with a focus on expanding market presence, deepening customer engagement, and accelerating revenue performance across all segments. He brings deep experience in the financial services and technology sectors, having held executive leadership roles at Velocity Solutions, CU People, and John M. Floyd & Associates.

    The addition of Jill Martin and Steve Swanston to Tango’s executive team marks a pivotal step in the company’s evolution. Their leadership will help propel Tango into its next phase of strategic growth – expanding global reach, advancing product innovation, and deepening the company’s impact across the real estate and facilities management landscape. With this strengthened leadership foundation, Tango is well-positioned to shape the future of the industry.

    About Tango
    With hundreds of customers across more than 175 countries, Tango is the leader in Store Lifecycle Management and Integrated Workplace Management System software. Our platform empowers organizations with the power of knowing – turning data into insight – and the impact of acting, driving smarter decisions across real estate, design and construction, lease administration and accounting, facilities maintenance, occupancy management, energy and sustainability, desk booking, visitor, and space management. To learn more visit tangoanalytics.com.

    The MIL Network –

    July 16, 2025
  • MIL-OSI: Mimecast Appoints Cybersecurity Leader Patrice Perche to Board of Directors to Bolster Enterprise Growth and Global Expansion

    Source: GlobeNewswire (MIL-OSI)

    LEXINGTON, Mass., July 15, 2025 (GLOBE NEWSWIRE) — Mimecast, a global cybersecurity leader redefining how organizations secure human risk through precision-engineered AI, today announced the appointment of Patrice Perche to its Board of Directors.

    Patrice is a long-time cybersecurity and technology executive with a proven track record of driving growth and innovation in the industry and helping organizations worldwide navigate the complexities of today’s threat landscape. Patrice joined Fortinet in 2004, where his contributions and leadership drove the company’s growth from $40M to $6.5B over his nearly 20-year tenure.

    “For this stage of Mimecast’s evolution, Patrice’s deep expertise in cybersecurity and background in go-to-market strategy makes him an exceptional addition to our Board of Directors,” said Marc van Zadelhoff, CEO of Mimecast. “His experience scaling businesses and fostering innovation aligns seamlessly with our vision of securing human risk and reflects our continued investment in global expansion and enterprise market acceleration. Beyond his go-to-market expertise, Patrice will be a sounding board on our strategy as we continue to expand our platform. I’m thrilled to welcome him to Mimecast.”

    “Mimecast is at the forefront of securing the human layer of the organization – where today’s cyber threats most often strike,” said Patrice. “I’ve long admired Mimecast’s commitment to innovation, especially their work integrating AI with human-centric security. I’m excited to work with them on their mission to empower humans to be part of security solutions.”

    Patrice served in senior leadership roles throughout his tenure at Fortinet including Chief Revenue Officer & EVP Support, and SVP Worldwide Sales & Support. Prior to Fortinet, Patrice was co-founder, president and CEO of Risc IT Solutions Ltd. Currently, he is the founder & CEO of Turini AG, providing go-to market expertise in cybersecurity solutions. Perche holds a master’s degree in computer engineering.

    About Mimecast
    Mimecast is a global cybersecurity leader redefining how organizations secure human risk through precision-engineered AI. Its AI-powered, API-enabled connected human risk platform is purpose-built to protect organizations from the spectrum of cyber threats. Integrating cutting-edge technology with human-centric pathways, our platform enhances visibility and provides strategic insight.

    By enabling decisive action and empowering businesses to protect their collaborative environments, our technology safeguards critical data and actively engages employees in reducing risk and enhancing productivity. More than 42,000 businesses worldwide trust Mimecast to help them keep ahead of the ever-evolving threat landscape.

    From insider risk to external threats, customers get more with Mimecast. More visibility. More agility. More control. More security.

    Mimecast and the Mimecast logo are either registered trademarks or trademarks of Mimecast Services Limited in the United States and/or other countries. All other third-party trademarks and logos contained in this press release are the property of their respective owners.

    Press Contacts
    Tim Hamilton
    Principal Public Relations Manager
    +1 603-918-6757
    thamilton@mimecast.com

    General inquiries
    press@mimecast.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c5acbc2f-6ca0-4e11-b585-99d106138711

    The MIL Network –

    July 16, 2025
  • MIL-OSI: Mimecast Appoints Cybersecurity Leader Patrice Perche to Board of Directors to Bolster Enterprise Growth and Global Expansion

    Source: GlobeNewswire (MIL-OSI)

    LEXINGTON, Mass., July 15, 2025 (GLOBE NEWSWIRE) — Mimecast, a global cybersecurity leader redefining how organizations secure human risk through precision-engineered AI, today announced the appointment of Patrice Perche to its Board of Directors.

    Patrice is a long-time cybersecurity and technology executive with a proven track record of driving growth and innovation in the industry and helping organizations worldwide navigate the complexities of today’s threat landscape. Patrice joined Fortinet in 2004, where his contributions and leadership drove the company’s growth from $40M to $6.5B over his nearly 20-year tenure.

    “For this stage of Mimecast’s evolution, Patrice’s deep expertise in cybersecurity and background in go-to-market strategy makes him an exceptional addition to our Board of Directors,” said Marc van Zadelhoff, CEO of Mimecast. “His experience scaling businesses and fostering innovation aligns seamlessly with our vision of securing human risk and reflects our continued investment in global expansion and enterprise market acceleration. Beyond his go-to-market expertise, Patrice will be a sounding board on our strategy as we continue to expand our platform. I’m thrilled to welcome him to Mimecast.”

    “Mimecast is at the forefront of securing the human layer of the organization – where today’s cyber threats most often strike,” said Patrice. “I’ve long admired Mimecast’s commitment to innovation, especially their work integrating AI with human-centric security. I’m excited to work with them on their mission to empower humans to be part of security solutions.”

    Patrice served in senior leadership roles throughout his tenure at Fortinet including Chief Revenue Officer & EVP Support, and SVP Worldwide Sales & Support. Prior to Fortinet, Patrice was co-founder, president and CEO of Risc IT Solutions Ltd. Currently, he is the founder & CEO of Turini AG, providing go-to market expertise in cybersecurity solutions. Perche holds a master’s degree in computer engineering.

    About Mimecast
    Mimecast is a global cybersecurity leader redefining how organizations secure human risk through precision-engineered AI. Its AI-powered, API-enabled connected human risk platform is purpose-built to protect organizations from the spectrum of cyber threats. Integrating cutting-edge technology with human-centric pathways, our platform enhances visibility and provides strategic insight.

    By enabling decisive action and empowering businesses to protect their collaborative environments, our technology safeguards critical data and actively engages employees in reducing risk and enhancing productivity. More than 42,000 businesses worldwide trust Mimecast to help them keep ahead of the ever-evolving threat landscape.

    From insider risk to external threats, customers get more with Mimecast. More visibility. More agility. More control. More security.

    Mimecast and the Mimecast logo are either registered trademarks or trademarks of Mimecast Services Limited in the United States and/or other countries. All other third-party trademarks and logos contained in this press release are the property of their respective owners.

    Press Contacts
    Tim Hamilton
    Principal Public Relations Manager
    +1 603-918-6757
    thamilton@mimecast.com

    General inquiries
    press@mimecast.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c5acbc2f-6ca0-4e11-b585-99d106138711

    The MIL Network –

    July 16, 2025
  • MIL-OSI: Orion180 Launches FLEX Home Insurance In Massachusetts

    Source: GlobeNewswire (MIL-OSI)

    MELBOURNE, Fla., July 15, 2025 (GLOBE NEWSWIRE) — Orion180 Insurance, a leading provider of flexible, customer-centric homeowners and flood insurance solutions, today announced the launch of its FLEX Home Insurance product in nine eastern counties of Massachusetts. FLEX provides fully customizable coverage, allowing homeowners to adjust protections and deductibles to align with their individual risk preferences and financial goals.

    Massachusetts homeowners, particularly those in coastal counties, have faced mounting insurance challenges in recent years. Bay State premiums surged 15% between 2022 and 2023, and the State currently ranks fifth in the nation for homeowners insurance non-renewals, according to the U.S. Senate Budget Committee. Orion180’s FLEX product directly addresses these concerns through robust, customizable coverage without coastal restrictions, a rare offering in today’s constrained market.

    “Our mission is to bring smarter, more accessible insurance solutions to underserved communities,” said Ken Gregg, CEO of Orion180. “Massachusetts homeowners have faced higher premiums and fewer options due to the increasing threat of weather-related events. FLEX delivers tailored protection, transparent pricing, and peace of mind. Agents and homeowners can feel at ease because we have a 0% state abandonment rate and stand firmly behind the markets we serve.”

    Key Benefits of FLEX Home Insurance:

    • Flexible Coverage Customization: Homeowners can tailor core coverages and perils to align with their specific risk tolerance and financial needs.
    • No Coastal Restrictions: FLEX supports coastal counties with no distance-based pricing exclusions or restrictions.
    • Variable Deductibles and Copays: Policyholders can select from a range of deductible levels and copay percentages to optimize both short-term costs and long-term value.
    • Claims-free Reward: Eligible homeowners may earn a bonus of up to 100% of their first-year premium based on the duration of their claims-free history.
    • Significant Discounts: Eligible homeowners can access significant savings via senior discounts, tree-free yards, military/first responder, and more.

    FLEX Home Insurance is available now through select Massachusetts insurance agents in Essex, Plymouth, Middlesex, Barnstable, Suffolk, Dukes, Norfolk, Nantucket, and Bristol counties.

    To learn more about Orion180 FLEX Home Insurance, visit https://orion180.com/flex/.

    About Orion180 Insurance
    Orion180 Insurance is a technology-driven and customer-centric insurance brand that combines proprietary technology, real-time data, and straightforward underwriting practices to provide a seamless and premier insurance experience. Orion180 operates through Orion180 Insurance Co., a surplus lines insurance company serving Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Texas, Colorado (Flood only), Tennessee (Flood only), Illinois (Flood only) and Arizona, and Orion180 Select Insurance Co., an admitted insurance company offering coverage in Alabama, Arizona, Georgia, Indiana, Mississippi, North Carolina, and Ohio. With its proprietary MY180 platform and third-party integrations, Orion180 offers unmatched efficiency and innovation, fulfilling its vision of becoming the global leader in insurance solutions while maintaining its mission to deliver superior customer experiences and a comprehensive suite of products. Connect with Orion180 on X, LinkedIn, Facebook, Instagram, TruthSocial, and YouTube. For more information, visit www.Orion180.com.

    Media Contact:
    Ross Blume
    Fusion PR
    Orion180@fusionpr.com

    The MIL Network –

    July 16, 2025
  • MIL-OSI: Semitech, Occitaline, and Safesquare Launch Babi-LON Platform – Enabling Next-Generation LonWorks PLC

    Source: GlobeNewswire (MIL-OSI)

    MELBOURNE, Australia and BORDEAUX, France and RADEVORMWALD, Germany, July 15, 2025 (GLOBE NEWSWIRE) — Semitech Semiconductor, Occitaline, and Safesquare today jointly announced the availability of the Babi-LON platform, an integrated hardware and software solution for LonWorks power line communication (PLC) networks built on Semitech’s advanced SM2400 multi-mode PLC transceiver with full EIA-709.2 protocol support.

    The EIA-709.2 protocol – part of the LonWorks suite defining the physical layer for PLC – is a cornerstone technology in building automation, smart lighting, transportation, and industrial control systems worldwide. With the phase-out of legacy solutions like the widely deployed PL3120 transceiver (originally developed by Echelon), OEMs and system integrators are actively seeking reliable long-term alternatives to keep supporting existing networks and future projects.

    The SM2400 has already been widely adopted by tier-one OEMs across smart metering, industrial automation, and transportation markets for its proven reliability, advanced modulation techniques, and robust performance under demanding noise conditions. With full EIA-709.2 support, it serves as a direct, high-performance, backward-compatible, long-term replacement for legacy EIA-709.2 transceivers, ensuring a secure long-term supply path for LonWorks-based systems.

    Built around the SM2400, the new Babi-LON platform offers both a development environment and turnkey solution for LonWorks devices. It simplifies migration by providing open familiar interfaces and proven protocol stacks, allowing OEMs and system integrators to sustain and evolve their LonWorks-based systems with minimal redesign.

    “We’re excited to partner with Occitaline and Safesquare to accelerate the transition to next-generation LonWorks PLC,” said Zeev Collin, CEO of Semitech Semiconductor. “The Babi-LON platform enables customers to seamlessly replace obsolete components, maintain their existing networks, and take advantage of the advanced capabilities of the SM2400.”

    Occitaline and Safesquare, both recognized leaders in LonWorks and industrial automation solutions, have integrated the SM2400 into their expanded Babi-LON offering, delivering software stacks and reference designs that dramatically simplify migration and new product development.

    “By incorporating the SM2400, we’re able to offer a modern, fully supported EIA-709.2 platform with long-term availability and outstanding performance,” said Daniel Zotti, CEO of Occitaline. “This gives our customers a clear, confident path to upgrade legacy products and sustain mission-critical networks.”

    Martin Mentzel, CEO of Safesquare, added: “Our customers can now continue building LonWorks-based power line networks with the assurance of a next-generation, multi-protocol foundation. The Babi-LON platform with the SM2400 is essential for preserving large installed bases and preparing for future expansions.”

    Key benefits of the new Babi-LON platform:

    • Seamless LonWorks support – full compliance with EIA-709.2, ensuring interoperability with existing devices and legacy systems
    • Guaranteed long-term supply (10+ years) – ensuring security of supply for extended-lifecycle projects
    • Accelerated time-to-market – turnkey modules, proven software stacks, and expert design-in support from Occitaline and Safesquare
    • Superior PLC performance – robust communication over power lines, improved noise immunity, and extended range

    Availability

    SM2400 samples and evaluation kits with EIA-709.2 support are available immediately through Semitech and its authorized sales partners. For more information, please visit www.semitechsemi.com.

    The expanded Babi-LON platform and design-in support for customer projects from Occitaline and Safesquare will be available starting in September. For more information, please visit www.babi-lon.com.

    About Occitaline

    Occitaline is a technology company with over 20 years of expertise in Building Management Systems (BMS) and Smart City solutions. Specializing in the design and manufacture of open, multi-protocol network infrastructure products, Occitaline simplifies the integration of diverse equipment within buildings. Its multi-protocol routers and secure network equipment enable seamless communication and enhanced cybersecurity for smart, sustainable spaces. Occitaline also provides technical training to help professionals master BMS communication protocols. Learn more at www.occitaline.com.

    About Safesquare

    Safesquare is a technology development partner and system integrator specializing in open, standardized industrial communication and system integration. Safesquare is focused on creating scalable, decentralized networks with intelligent nodes and manufacturer-independent IoT capabilities. Offerings include “spega e.control” for building automation and “Babi-LON” for networked IoT solutions, alongside expertise in wired/wireless IoT and medical device development. Learn more at www.safesquare.eu.

    About Semitech Semiconductor

    Semitech Semiconductor is an innovative provider of robust, high-performance wireless and power line communication (PLC) solutions for the smart grid, automotive and industrial IoT markets. Semitech provides the most adaptable, yet cost effective, multi-modal communication solutions wirelessly and over power lines to address the diverse requirements of these markets, while avoiding the cost and complexity of additional wiring. Learn more at www.semitechsemi.com or follow the company on LinkedIn and X.

    Media Contact:
    Stephanie Olsen
    Lages & Associates
    (949) 453-8080
    stephanie@lages.com

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/208a077d-64fc-4121-8a91-34607a6c8d9b

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e9686568-70a8-4dc7-83a6-5a7ab40be7e0

    The MIL Network –

    July 16, 2025
  • MIL-OSI United Kingdom: Fresh action in London’s town centres to build on crime reductions achieved in capital

    Source: Mayor of London

    • Town centres across London will see an enhanced police presence this summer, building on reductions in thefts, burglary, knife crime and robbery achieved so far this year* and more shoplifting cases solved.
    • Intensified multi-agency action will tackle anti-social behaviour and theft is part of ongoing work by the Met and Mayor of London to put visible neighbourhood policing at the heart of fighting crime and rebuilding community confidence.
    • London’s Safer Neighbourhood teams now have an additional 500 Met officers and staff ranging from Superintendent to PCSOs, working closer than ever with communities to understand and deal with local priorities.
    • Deputy Mayor for Policing and Crime Kaya Comer-Schwartz joins Deputy Commissioner Matt Jukes and Enfield Council Leader Cllr Elgin Erbil to see ‘Safer Streets Summer’ in action.

    London’s town centres, high streets and communities will see an enhanced police and local authority presence this summer as part of partnership work to build on reductions in theft, burglary, robbery, ASB and retail crime achieved in the capital so far this year. 

    The Met Police have identified the top 32 town centres and high street locations3 across London that have the biggest challenge with anti-social behaviour, theft and street crime and they will be the focus for enhanced partnership action with local authorities, businesses and communities to tackle crime.

    Every single borough will see increased police and partner activity in the hotspot areas including Stratford, Woolwich Town Centre, Finsbury Park, Croydon Town Centre, Shepherds Bush Green, Elephant and Castle, Seven Sisters and London’s West End.

    London is a global destination, particularly over the summer months with five million additional visitors expected over the peak tourism season and with school summer holidays beginning soon, our town centres will be very busy. At a time of high demand for policing, the Mayor of London, Met police, local authorities and partners are strengthening their joint work to tackle crime and anti-social behaviour impacting our town centres and high streets.

    The top twenty town centre and high streets being focused on by police, MOPAC, local authorities and community partners as part of Safer Summer Streets make up only a small percentage of London overall, but account for almost 10 per of knife crime, 24 per cent of theft person offences and 6 per cent of all ASB calls.*

    There will be increased police patrols, intelligence-led plain-clothed operations in hotspot areas, and officers will relentlessly target wanted and prolific offenders who commit multiple offences, particularly shoplifting and ASB, seeking long sentences and Criminal Behaviour Orders​.

    These summer plans are based on strong partnership working, with the Mayor’s Office for Policing and Crime (MOPAC), the Met, local authorities, businesses, community organisations sharing information using a new approach so issues can be identified and acted upon quickly. Local solutions will include the designing out of offences through local authority powers related to licensing, parking, CCTV, waste management and trading standards.

    Thanks to the hard work of the police, London’s Violence Reduction Unit, Mayor’s Office for Policing and Crime (MOPAC), local authorities and partners, the first six weeks of this financial year have seen promising reductions in a number of crime types compared to the same period last year.

    • Knife crime – down by 18.1 per cent
    • Residential burglary – down by 17.7 per cent
    • Theft from the person – down by 15.6 per cent
    • Personal robbery – down by 12.8 per cent.
    • Shoplifting – the Met have solved 163 per cent more cases this year than in the same period as last year.

    These reductions are in addition to the latest Office for National Statistics Crime stats which show that overall, the violent crime with injury rate is lower in London than in the rest of England and Wales1. Gun crime with lethal barrel discharges, knife crime with injury for those aged under 25 and homicides in the capital have all fallen since 2016.2 

    Through more precise targeting of the most dangerous offenders and greater focus on the issues that matter most to Londoners, the Met are arresting more than 1,000 more criminals each month.

    Whilst there have been significant reductions in some crime types since the start of the financial year and since 2016, it’s clear that more needs to be done to ensure everyone in the capital is safe and feels safe.

    The intensified action to tackle anti-social behaviour and theft is part of ongoing work by the Met and Mayor of London to boost local neighbourhood teams and put high visibility policing at the heart of fighting crime and rebuild community confidence. It is backed with record funding from City Hall which has helped to London’s Safer Neighbourhood teams. Over the last two years the Met has put an additional 500 Met officers and staff ranging from Superintendent to PCSOs into neighbourhood teams and continue to increase officers in these teams, working closer than ever with communities to understand and deal with local priorities.

    It also forms part of the Home Office’s national Safer Streets Summer Initiative running from 30 June until the end of September 2025, which will see officers in London focusing on reducing town centre criminality including shop theft, street crime and anti-social behaviour.

    On Wednesday morning, London’s Deputy Mayor for Policing and Crime Kaya Comer-Schwartz will join Deputy Commissioner Matt Jukes, Enfield Council Leader Cllr Elgin Erbil and neighbourhood officers in Enfield to see the ‘Safer Streets Summer’ in action. 

    Deputy Mayor for Policing and Crime, Kaya Comer-Schwartz, said: “The safety of our town centres is more than just policing – it’s about building stronger, more connected communities where everyone feels secure.

    “That’s why I was really pleased to meet with local partners and community groups today – along with the police – to strengthen our collaborative work to tackle shoplifting, theft and anti-social behaviour in all its forms. 

    “We have seen this in action today in Enfield, with officers speaking with local people and business owners addressing their concerns. Across our city there will be partnership led operations to tackle shoplifting and clear, visible neighbourhood officers out on patrol, keeping our communities safe and working to build safer town centres and a safer London for everyone.”

    Deputy Commissioner for the Metropolitan Police, Matt Jukes, said: “Our intelligence and data-led approach to tackle the crimes that matter most to Londoners – such as shoplifting, robbery and anti-social behaviour – is already working.

    “We’re arresting 1,000 more criminals each month, neighbourhood crime is down 19 per cent and we’ve solved 163 per cent more shoplifting cases this year.

    “In 32 of the hardest hit areas, we’re working with the community, councils, businesses and partners, to focus our resources and bear down on prolific offenders and gangs who blight too many neighbourhoods across the capital.”

    Cllr Ergin Erbil, Leader of Enfield Council, said: “Creating a safer Enfield is our priority. Everyone deserves to feel safe in their neighbourhood and community, and here in Enfield we’re proud to be working closely with the Met Police, the Mayor of London and our partners to make that a reality. Safer Streets Summer is a powerful example of what can be achieved when we come together to cut crime and antisocial behaviour.

    “Alongside improved policing, Enfield Council is spending time and money towards making our streets safer for those who live and work in Enfield. For example, our dedicated summer parks patrols, launched last month, are helping to stop and prevent antisocial behaviour by providing a visible presence and reassurance. Police officers and our council teams are patrolling our parks and town centres side by side.

    “Likewise, our partnership with local policing teams and other partners in Upper Edmonton and Edmonton Green has meant we are tackling serious organised crime and the causes of crime through three steps called Clear Hold Build. Our residents on the most affected estates are telling us they feel safer and better protected. Consequently, they are working with us to combat crime and improve our neighbourhoods.

    “We’re committed to building safer, stronger town centres where residents, businesses and visitors can feel safer and can thrive.”

    Hannah Wadey, CEO, Safer Business Network said: “Businesses across London have a crucial role to play in keeping our public spaces safe, and Safer Streets Summer is a great example of what we can achieve when we all work together. From preventing crime and anti-social behaviour to creating welcoming environments, this work is vital for our communities and businesses are proud to play their part. When people feel safe, our town centres thrive.”

    MIL OSI United Kingdom –

    July 16, 2025
  • MIL-OSI: The “Big and Beautiful Act” reshapes the cryptocurrency landscape. Why will joining SAVVY MINING become the ultimate winner?

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 15, 2025 (GLOBE NEWSWIRE) —  Recently, the “Big and Beautiful Act” proposed by the United States has sparked heated discussions in the global financial market. The bill is regarded as an important measure for macroeconomic stimulus and fiscal restructuring, and is expected to affect the status of the US dollar, global capital flows and investor risk preferences. Among them, the potential impact on the cryptocurrency market is particularly eye-catching.

    On the one hand, if the bill exacerbates market concerns about the US dollar, it may further consolidate Bitcoin’s market position as “digital gold” and drive more funds into crypto assets. In addition, the economic stimulus policies released by the bill are also expected to enhance the attractiveness of overall risk assets and stimulate the strengthening of mainstream currencies such as Bitcoin and Ethereum.

    However, although the traditional currency holding strategy may bring asset appreciation, it cannot provide a continuous and stable cash flow. Faced with inflation risks and drastic market fluctuations, more and more investors realize that simply “hoarding coins” is not enough to guarantee long-term returns and capital security.

    Against this background, the cloud mining platform SAVVY MINING stands out and becomes the preferred solution for many cryptocurrency investors to achieve stable passive income.

    Why choose SAVVY MINING?
    Daily stable income, easy passive income
    SAVVY MINING brings daily settlement and continuous mining income to users through remote leasing of professional mining machines, so that funds can “move” and continue to create stable income for investors.

    Zero technical threshold, zero maintenance pressure
    No need to buy mining machines, no need to deal with complicated maintenance and electricity bills. Users can easily start earning cryptocurrencies with one-click registration, making passive income simple and efficient.

    Legal and compliant, safe and reliable
    SAVVY MINING insists on transparent operation and complies with British regulatory standards. The safe operation in the past 8 years has brought a safe, long-term and stable profit experience to 8.5 million users worldwide.

    Low threshold participation, flexible value-added strategy
    Whether it is a retail investor who is trying for the first time or a senior investor who wants to increase passive income, you can flexibly choose the computing power package according to your needs and easily open a diversified crypto income path.

    In the future, cloud mining is a stable engine for crypto wealth accumulation
    The “Great Beautiful Act” is reshaping the global capital landscape. Faced with rising inflationary pressure and currency depreciation risks, simply holding coins can no longer meet people’s expectations for sustained and stable returns. Cloud mining has gradually become the core choice for crypto asset allocation with its daily cash flow, low volatility and long-term profitability.

    In the new round of global wealth track, SAVVY MINING will help investors seize opportunities, create their own stable passive income, and become the ultimate winner.

    [Join SAVVY MINING now to start mining, start a journey of stable crypto income, and let wealth grow every day! ]

    Attachment

    • Savvy Mining

    The MIL Network –

    July 16, 2025
  • MIL-OSI: Nutanix Study Finds Financial Services Fast-Tracking GenAI Adoption—but Long-Term Gains Hinge on Infrastructure and Talent

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, Calif., July 15, 2025 (GLOBE NEWSWIRE) — Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, announced the findings of its seventh annual global Financial Services Enterprise Cloud Index (ECI) survey and research report, which measures enterprise progress with cloud adoption in the industry. The research showed that nearly all the financial services organizations surveyed are currently leveraging GenAI applications or workloads today, with a focus on real-life applications gravitating towards customer support and content development.

    Despite widespread GenAI adoption, financial services organizations are struggling to keep pace. Most cite a skills gap needed to manage GenAI with existing infrastructure. Moreover, 97% of respondents admit they could do more to secure their GenAI models and applications.

    “Financial services organizations are turning to containers and hybrid cloud not just as technology upgrades, but as strategic enablers of customer value,” said Lee Caswell, SVP of Product and Solutions Marketing at Nutanix. “This year’s ECI report highlights how these technologies are delivering measurable ROI by powering GenAI applications that enhance fraud detection, strengthen cybersecurity, and elevate customer engagement. For financial institutions, containers and hybrid cloud have become essential tools to drive innovation, agility, and trust in a rapidly evolving digital landscape.

    “But AI and how organizations want to use it is also changing very rapidly. While GenAI remains a part of their activities, beyond the findings in the report, our customers are telling us they have moved to adopt agentic AI and are looking to harness its potential across their organizations and in how they interact with their customers.”

    The report surveyed financial services leaders on GenAI adoption, Kubernetes, and container use, and where they’re running mission-critical applications today—and where they plan to run them next. Key findings include:

    • GenAI Adoption Is Widespread but Not Without Risk: Nearly all industry respondents report using some form of GenAI today, with current use cases focused on customer support, content generation, and automation. However, data privacy and security stand out as the top concerns, with 97% agreeing their organizations must do more to secure GenAI models and applications.
    • Infrastructure Modernization Is Needed for GenAI Success: 92% of respondents say their current infrastructure requires improvement to fully support cloud native applications and containers. Although containerization and Kubernetes are already in use, particularly for GenAI workloads, application portability and data silos persist as major hurdles.
    • IT Talent Shortage Could Slow Momentum: Nearly all respondents (98%) face challenges scaling GenAI from development to production, citing lack of skilled personnel and integration issues. While 62% of respondents are actively hiring for GenAI expertise, training and upskilling remain critical priorities.
    • Return on Investment (ROI) is a Priority but It’s a Long Game: 39% of respondents anticipate potential GenAI-related losses in the next 12 months, while 58% expect gains within one to three years. This suggests that financial services leaders are embracing a longer-term view of GenAI success but also underscores the need for better tools to measure GenAI ROI.
    • Security and Compliance Will Continue to be Important: The majority (96%) of respondents say GenAI is reshaping their data security and privacy priorities. Additionally, 90% express concern about data security in the broader IT vendor ecosystem, further highlighting the complexity of securing AI deployments.

    For the seventh consecutive year, Nutanix commissioned a global research study to learn about the state of global enterprise cloud deployments, application containerization trends, and GenAI application adoption. In the Fall of 2024, U.K. researcher Vanson Bourne surveyed 1,500 IT and DevOps/Platform Engineering decision-makers around the world. The respondent base spanned multiple industries, business sizes, and geographies, including North and South America; Europe, the Middle East and Africa (EMEA); and Asia-Pacific-Japan (APJ) region.

    To learn more about the report and findings, please download the full Financial Services Nutanix Enterprise Cloud Index, here and read the blog here.

    About Nutanix
    Nutanix is a global leader in cloud software, offering organizations a single platform for running applications and managing data, anywhere. With Nutanix, companies can reduce complexity and simplify operations, freeing them to focus on their business outcomes. Building on its legacy as the pioneer of hyperconverged infrastructure, Nutanix is trusted by companies worldwide to power hybrid multicloud environments consistently, simply, and cost-effectively. Learn more at www.nutanix.com or follow us on social media @nutanix.

    © 2025 Nutanix, Inc. All rights reserved. Nutanix, the Nutanix logo, and all Nutanix product and service names mentioned herein are registered trademarks or unregistered trademarks of Nutanix, Inc. (“Nutanix”) in the United States and other countries. Other brand names or marks mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s). This press release is for informational purposes only and nothing herein constitutes a warranty or other binding commitment by Nutanix. This release may contain express and implied forward-looking statements, which are not historical facts and are instead based on Nutanix’s current expectations, estimates and beliefs. The accuracy of such statements involves risks and uncertainties and depends upon future events, including those that may be beyond Nutanix’s control, and actual results may differ materially and adversely from those anticipated or implied by such statements. Any forward-looking statements included herein speak only as of the date hereof and, except as required by law, Nutanix assumes no obligation to update or otherwise revise any of such forward-looking statements to reflect subsequent events or circumstances.

    Media Contact:
    Gabrielle Moynan
    pr@nutanix.com

    The MIL Network –

    July 16, 2025
  • MIL-OSI China: China urges US to lift blockade and sanctions against Cuba

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

    China firmly opposes the U.S. unilateral sanctions against Cuba and interference in Cuba’s internal affairs under the guise of so-called “human rights”, a Chinese foreign ministry spokesperson said Tuesday.

    China urges the United States to immediately lift its blockade and sanctions against Cuba, the spokesperson added.

    Spokesperson Lin Jian made the remarks at a regular press briefing in response to a query about U.S. sanctions imposed on senior Cuban officials.

    Lin said that the United States has imposed a comprehensive blockade and illegal sanctions on Cuba for over 60 years, inflicting profound suffering on the Cuban people. “Sanctions should be lifted immediately instead of being intensified.”

    Lin said that China firmly supports Cuba in taking a development path that suits its national conditions and firmly supports Cuba in safeguarding its sovereignty and dignity.

    “We urge the United States to immediately lift the blockade and sanctions against Cuba and remove it from the list of ‘state sponsors of terrorism,’” he added.

    “If the U.S. side truly cares about human rights, it should reflect on its own record of human rights violations in Guantanamo, Cuba and around the world over the years,” he said. 

    MIL OSI China News –

    July 16, 2025
  • MIL-OSI China: China urges US to lift blockade and sanctions against Cuba

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

    China firmly opposes the U.S. unilateral sanctions against Cuba and interference in Cuba’s internal affairs under the guise of so-called “human rights”, a Chinese foreign ministry spokesperson said Tuesday.

    China urges the United States to immediately lift its blockade and sanctions against Cuba, the spokesperson added.

    Spokesperson Lin Jian made the remarks at a regular press briefing in response to a query about U.S. sanctions imposed on senior Cuban officials.

    Lin said that the United States has imposed a comprehensive blockade and illegal sanctions on Cuba for over 60 years, inflicting profound suffering on the Cuban people. “Sanctions should be lifted immediately instead of being intensified.”

    Lin said that China firmly supports Cuba in taking a development path that suits its national conditions and firmly supports Cuba in safeguarding its sovereignty and dignity.

    “We urge the United States to immediately lift the blockade and sanctions against Cuba and remove it from the list of ‘state sponsors of terrorism,’” he added.

    “If the U.S. side truly cares about human rights, it should reflect on its own record of human rights violations in Guantanamo, Cuba and around the world over the years,” he said. 

    MIL OSI China News –

    July 16, 2025
  • MIL-OSI China: Trump voices disappointment with Putin, grows impatient

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

    U.S. President Donald Trump appears to be losing patience with his Russian counterpart, Vladimir Putin, voicing disappointment on Monday just hours after threatening “severe tariffs” against Russia.

    “I’m disappointed in him, but I’m not done with him. But I’m disappointed in him,” Trump told BBC in an interview.

    A few hours earlier, during a meeting with North Atlantic Treaty Organization (NATO) Secretary General Mark Rutte in the Oval Office, Trump warned, “We’re going to be doing very severe tariffs” if a ceasefire agreement on Ukraine is not reached within 50 days.

    U.S. Commerce Secretary Howard Lutnick clarified later that Trump actually meant “economic sanctions” when he threatened “secondary tariffs” against Russia, The Washington Times reported.

    Trump also told Rutte that the United States would supply weapons to Ukraine through NATO, including Patriot missile systems, with deliveries starting soon.

    In a post on X following a phone call with Trump, Ukrainian President Volodymyr Zelensky expressed gratitude for Trump’s “willingness to support Ukraine” and hailed their strong relationship.

    This is not the first time Trump has expressed disappointment with Putin over the Ukraine crisis, despite claiming he has a good relationship with the Russian leader. In early July, after a phone conversation with Putin, Trump told reporters, “I didn’t make any progress with him today at all,” adding, “I’m not happy about that.”

    Trump, who promised during his campaign to end the conflict in Ukraine within 24 hours, has held several conversations with Putin since taking office. However, his efforts to pressure the Russian leader have yet to yield a ceasefire. 

    MIL OSI China News –

    July 16, 2025
  • MIL-OSI: Regula Makes Self-Service ID Checks Faster and Easier with New Embedded Document Reader

    Source: GlobeNewswire (MIL-OSI)

    RESTON, Va., July 15, 2025 (GLOBE NEWSWIRE) — Regula, a global developer of forensic devices and identity verification solutions, introduces a new embedded document reader—the Regula 7223E—designed to streamline ID card checks at self-service kiosks and e-gates. Built specifically for ID-1 format documents, such as driver’s licenses and national ID cards, the compact scanner helps borders and businesses speed up identity checks, reduce user errors, and deliver a better customer experience at scale.

    The Regula 7223E embedded into an e-gate

    Self-service solutions are the new norm in airports, hotels, casinos, and secure facilities. But verifying ID cards—especially when users insert them incorrectly or need to scan both sides separately—remains a common point of friction. The Regula 7223E solves this problem with:

    • Dual-side scanning in a single step.
    • No-wrong-way card insertion.
    • Automatic ejection after scanning.

    The result: faster lines, fewer errors, and a smoother process for customers and operators alike.

    Built for speed, designed for integration

    The Regula 7223E is based on the desktop ID card reader Regula 72X3, which was released several years ago. The new OEM version responds to new challenges and can be used as a standalone document reader at kiosks, e-gates, or other self-service points. The Regula 7223E also has enhanced capabilities thanks to full compatibility with Regula’s embedded full-page document reader Regula 70X8M, enabling businesses to automatically route different document types—passports or ID cards—to the correct device. The built-in indicator guides users through the process, improving usability and speeding up verification workflows.

    Powered by Regula’s robust software

    Like all Regula document readers, the 7223E is backed by Regula Document Reader SDK, a comprehensive document verification software solution that enables multiple automated checks (including analyzing MRZ data, barcodes, RFID chips, and visual elements) to prove IDs’ authenticity. It draws on Regula’s proprietary world’s largest identity document template database, which includes over 15,000 templates from 252 countries and territories.

    “We designed the Regula 7223E to remove unnecessary friction in ID checks. With this launch, we now offer a complete suite of embedded readers tailored to document type, with shared software tools and synchronized operation. Whether verifying a passport or an ID card, organizations can count on fast, reliable, and accurate data capture and authentication from a single trusted provider,” says Alex Lewanowicz, Director of Hardware Engineering at Regula.

    To learn more about the new Regula 7223E, visit Regula’s website.

    About Regula

    Regula is a global developer of forensic devices and identity verification solutions. With our 30+ years of experience in forensic research and the most comprehensive library of document templates in the world, we create breakthrough technologies for document and biometric verification. Our hardware and software solutions allow over 1,000 organizations and 80 border control authorities globally to provide top-notch client service without compromising safety, security, or speed. Regula has been repeatedly named a Representative Vendor in the Gartner® Market Guide for Identity Verification.

    Learn more at www.regulaforensics.com.

    Contact:
    Kristina – ks@regula.us

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/70d15d01-8634-4802-8cc1-b6ac1c5fe871

    The MIL Network –

    July 16, 2025
  • MIL-OSI United Kingdom: West and East Midlands move into drought

    Source: United Kingdom – Government Statements

    Press release

    West and East Midlands move into drought

    Following the driest spring in 132 years, Environment Agency steps up operational response.

    EA officers rescuing fish from a dried up River Redlake in Shropshire

    The Environment Agency has declared drought status for the West Midlands and East Midlands following the driest spring in 132 years. 

    The Environment Agency announced the change in status today, 15th July 2025. Following declining river flows and groundwater levels with some river flows in the regions at their lowest for June since 1976. 

    The decision sees the regulator stepping up its operational response in the West Midlands and the East Midlands. While making sure water companies deliver the actions agreed in their drought plans. 

    The announcement comes as the National Drought Group meets to discuss next steps, with people being asked to play their part and use water wisely.

    West Midlands and East Midlands follow other regions that have moved into drought recently, including the north-west of England and Yorkshire. 

    Matt Gable, Regional Incident Lead at the Environment Agency, said: 

    Against a backdrop of a changing climate, this change of status recognises the impact prolonged dry weather is having on water resources and the environment. 

    In the Midlands, we are taking action to reduce that impact and to oversee the actions water companies need to take to secure public water supplies. 

    We are also encouraging people to play their part through the rest of the summer period by noting the small steps we can all take to save water.

    In the Midlands, river levels are already low with some river flows in the region at their lowest for June since 1976. The River Severn catchment received only two-thirds of the rainfall it normally does in June, while the Trent catchment fared worse, with only 37% of its long-term average for June. 

    Teams are out on the ground actively monitoring river levels, with staff working with the water sector to ensure there is enough water for the people and the environment.  Staff are also supporting farmers and abstractors with advice on how to manage abstraction during prolonged dry weather and low flows.  Fisheries teams are responding where necessary to protect fish which are struggling due to reduced oxygen or moving them if the river has dried up.

    The Environment Agency expects and will ensure that water companies follow their drought management plans. Water companies need to step up their work to fix leaks and adjust their operations to conserve water.  

    The public is being asked to think about how they use water at home and in the garden, and to comply with any local restrictions. The less water you use at the home, the more water there is in your local environment.  Recreational water users are being asked to remain vigilant and report any environmental issues they see, such as fish in distress, acting as important eyes and ears on the ground.  

    Read more about how the Environment Agency is responding to dry weather in the Midlands here: Managing the impacts of drought in the Midlands – Creating a better place

    Read more about drought here: Drought explained – Creating a better place.

    Background information

    • A decision to declare drought is taken based on reservoir levels, river flows, groundwater levels, how dry soils are, environmental incidents and water resources position along with consideration of the long-term weather forecasts. These are based on Environment Agency Area classifications. 

    • Temporary Use Bans (TUBs) are a decision for the water companies and must be made in line with their drought plans. Read more here: Why do we have hosepipe bans?

    Map of Environment Agency areas

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    Updates to this page

    Published 15 July 2025

    MIL OSI United Kingdom –

    July 16, 2025
  • MIL-OSI: Locus Technologies Expands Water Software Suite with the Launch of its Backflow Prevention App

    Source: GlobeNewswire (MIL-OSI)

    MOUNTAIN VIEW, Calif., July 15, 2025 (GLOBE NEWSWIRE) — Locus Technologies, the industry leader in cloud-based environmental compliance software, today announced the launch of its Backflow Prevention App, a fully integrated application within the Locus Water Suite. This new application empowers backflow inspectors and water utilities to respond efficiently to growing inspection volumes, increased regulatory scrutiny, and ongoing staffing constraints within a modern alternative to legacy spreadsheets and siloed data.

    “With the Locus Backflow Prevention app, utilities and operators can manage all aspects of their backflow programs, from device tracking to test result submissions and customer notifications, all within Locus Platform. This app is a key step forward in backflow device management which will streamline your program implementation and oversight,” said Dr. Laura Underwood, Director of Digital Water Services at Locus Technologies.

    Key features of the Locus Backflow Prevention app include:

    • Cloud-Based and Mobile Ready: Licensed inspectors can complete tests and submit results in real-time from any mobile device.
    • Regulatory Compliance: Automatically assigns and tracks test frequency, due dates, non-compliance, and device requirements aligned with local and state regulations.
    • Automated Notifications: Generates reminder notices, notices of violations, or other custom notices via emails or letters to customers when inspections are due or late.
    • Integrated Device and Site Tracking: Maintains a centralized record of every backflow device, test history, and service location.
    • Self-Service Portal: Enables Water Utility staff to manage licensed inspectors, service locations, and customer information, as well as review and approve inspections.
    • Powerful Reporting and Audit Tools: Custom dashboards, historical trend analysis, and pre-built reports streamline internal tracking and external audits.

    The app is metadata-driven and built on the configurable Locus Platform, allowing customers to configure their own workflows, forms, and compliance rules without writing a single line of code. Combined with the broader Locus Water Suite — which includes applications for water quality, water metrics, stormwater, and more — the Backflow Prevention app significantly advances the digital transformation of water compliance.

    “Our mission is to deliver the most complete, unified platform for managing every aspect of water operations,” said Neno Duplan, CEO of Locus Technologies. “With the launch of the Backflow Prevention app, traditional data silos are crumbling, and our customers are gaining full control over their data, inspections, and compliance mandates — all in one place.”

    The Locus Backflow Prevention app is available as a standalone module or as part of bundled pricing for customers already using multiple Locus applications. To learn more, please visit http://www.locustec.com.

    About Locus Technologies
    Locus Technologies, the global environmental, social, governance (ESG), sustainability, and EHS compliance software leader, empowers companies of every size and industry to be credible with ESG reporting. From 1997, Locus pioneered enterprise software-as-a-service (SaaS) for EHS compliance, water management, and ESG credible reporting. Locus apps and software solutions improve business performance by strengthening risk management and EHS for organizations across industries and government agencies. Organizations ranging from medium-sized businesses to Fortune 500 enterprises, such as Sempra, Corteva, Chevron, DuPont, Chemours, San Jose Water Company, The Port Authority of New York and New Jersey, Port of Seattle, and Los Alamos National Laboratory, have selected Locus. Locus is headquartered in Mountain View, California. For further information regarding Locus and its commitment to excellence in SaaS solutions, please visit http://www.locustec.com or email info@locustec.com.

    Media Contact:
    Brenda Mahedy
    Locus Technologies
    media@locustechnologies.net

    The MIL Network –

    July 16, 2025
  • MIL-OSI: Wedbush Securities Expands Global Market Access with 24-Hour Capital Markets Trading

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, July 15, 2025 (GLOBE NEWSWIRE) — Wedbush Securities, a leading financial services firm, has launched 24-hour trading capabilities, with clients already actively leveraging the service to access markets around the clock. Through strategic partnerships with Blue Ocean Technologies and OTC Markets Group, Wedbush delivers seamless market access across overnight, pre-market, core, and post-market sessions—particularly benefiting investors operating in Asia-Pacific time zones.

    Wedbush’s expanded after-hours trading melds in Blue Ocean ATS, MOON ATS, and OTC Overnight, which are three distinct alternative trading systems that enable overnight trading during Asia-Pacific hours. Blue Ocean ATS and MOON ATS support U.S.-listed securities, while OTC Overnight provides access to OTC equity trading during the same extended window. Together, these platforms provide clients with comprehensive market coverage from 8:00 PM to 4:00 AM Eastern Time, offering both high- and low-touch routing options and ensuring expert execution support throughout all market hours.

    “Our 24-hour trading capability marks a major step forward in providing clients with the market access they demand in today’s fast-paced global environment,” commented Burke Dempsey, EVP, Head of Investment Banking & Capital Markets at Wedbush. “By partnering with Blue Ocean and OTC Markets, we are already bridging the gap across time zones to offer continuous liquidity and execution support. This initiative reflects our focus on delivering flexible, client-driven solutions that empower investors around the clock.”

    Brian Hyndman, CEO of Blue Ocean Technologies, said, “We’re excited to partner with Wedbush to deliver our connectivity to after-hours markets. As the leading platform in overnight trading, with the deepest liquidity, trading volume, global access across 20+ countries, and a growing network of over 100 data subscribers, we’re confident this new capability will provide Wedbush clients with powerful tools to manage trading risk and unlock new opportunities beyond regular market hours.”

    “By integrating MOON ATS™ and OTC Overnight into its 24-hour trading offering, Wedbush is expanding global market access in a way that reflects its core mission: protecting client interests, driving innovation, and delivering with precision,” said Cromwell Coulson, CEO of OTC Markets Group. “At OTC Markets, we share this commitment to building secure market infrastructure that prioritizes financial safety and service excellence. Together, we’re enabling investors to trade with confidence in a market that now moves around-the-clock.”

    Wedbush supports execution and clearing in over 25 foreign markets, across a wide range of time zones linking with major alliance partners such as Maybank Investment Bank, Velocity Trade, Hana Securities, Trigon, Okasan Securities Group, and Yuanta Securities.

    Wedbush’s added 24/7 execution capabilities pair with its recent announcement of support for clearing equities traded on leading overnight ATSs, including Blue Ocean and MOON.

    About Wedbush Securities
    Wedbush Securities is the largest subsidiary of Wedbush Financial Services. Since its founding in 1955, Wedbush is widely known for providing our clients, both private and institutional, with a wide range of securities brokerage, clearing, wealth management, and investment banking services. Headquartered in Los Angeles, California with 100 registered offices and nearly 900 colleagues, the firm focuses on client service and financial safety, innovation, and the utilization of advanced technology. Securities and Investment Advisory services are offered through Wedbush Securities Inc. Member NYSE/ FINRA / SIPC

    About Blue Ocean Technologies, LLC
    Blue Ocean Technologies, LLC (BOT) is a unique capital markets fintech company empowering global investors by making trading possible during U.S. overnight trading hours. Blue Ocean ATS, LLC, and its trading system Blue Ocean Alternative Trading System (BOATS), currently trade U.S. National Market System (NMS) stocks from 8:00 pm to 4:00 am ET, Sunday – Thursday. Founded in 2019, Blue Ocean ATS is on a mission to transform U.S. trading to global trading via its flagship service, Blue Ocean Session, providing access and transparency to subscribers in all time zones during non-traditional U.S. market hours. For more information, visit www.blueocean-tech.io.

    About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our public markets: OTCQX® Best Market, OTCQB® Venture Market, OTCID™ Basic Market and Pink Limited™ Market. Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS™ are each SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    For media inquiries: 
    Serina Molano 
    publicrelations@wedbush.com
    213-688-4564

    The MIL Network –

    July 16, 2025
  • MIL-OSI: Wedbush Securities Expands Global Market Access with 24-Hour Capital Markets Trading

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, July 15, 2025 (GLOBE NEWSWIRE) — Wedbush Securities, a leading financial services firm, has launched 24-hour trading capabilities, with clients already actively leveraging the service to access markets around the clock. Through strategic partnerships with Blue Ocean Technologies and OTC Markets Group, Wedbush delivers seamless market access across overnight, pre-market, core, and post-market sessions—particularly benefiting investors operating in Asia-Pacific time zones.

    Wedbush’s expanded after-hours trading melds in Blue Ocean ATS, MOON ATS, and OTC Overnight, which are three distinct alternative trading systems that enable overnight trading during Asia-Pacific hours. Blue Ocean ATS and MOON ATS support U.S.-listed securities, while OTC Overnight provides access to OTC equity trading during the same extended window. Together, these platforms provide clients with comprehensive market coverage from 8:00 PM to 4:00 AM Eastern Time, offering both high- and low-touch routing options and ensuring expert execution support throughout all market hours.

    “Our 24-hour trading capability marks a major step forward in providing clients with the market access they demand in today’s fast-paced global environment,” commented Burke Dempsey, EVP, Head of Investment Banking & Capital Markets at Wedbush. “By partnering with Blue Ocean and OTC Markets, we are already bridging the gap across time zones to offer continuous liquidity and execution support. This initiative reflects our focus on delivering flexible, client-driven solutions that empower investors around the clock.”

    Brian Hyndman, CEO of Blue Ocean Technologies, said, “We’re excited to partner with Wedbush to deliver our connectivity to after-hours markets. As the leading platform in overnight trading, with the deepest liquidity, trading volume, global access across 20+ countries, and a growing network of over 100 data subscribers, we’re confident this new capability will provide Wedbush clients with powerful tools to manage trading risk and unlock new opportunities beyond regular market hours.”

    “By integrating MOON ATS™ and OTC Overnight into its 24-hour trading offering, Wedbush is expanding global market access in a way that reflects its core mission: protecting client interests, driving innovation, and delivering with precision,” said Cromwell Coulson, CEO of OTC Markets Group. “At OTC Markets, we share this commitment to building secure market infrastructure that prioritizes financial safety and service excellence. Together, we’re enabling investors to trade with confidence in a market that now moves around-the-clock.”

    Wedbush supports execution and clearing in over 25 foreign markets, across a wide range of time zones linking with major alliance partners such as Maybank Investment Bank, Velocity Trade, Hana Securities, Trigon, Okasan Securities Group, and Yuanta Securities.

    Wedbush’s added 24/7 execution capabilities pair with its recent announcement of support for clearing equities traded on leading overnight ATSs, including Blue Ocean and MOON.

    About Wedbush Securities
    Wedbush Securities is the largest subsidiary of Wedbush Financial Services. Since its founding in 1955, Wedbush is widely known for providing our clients, both private and institutional, with a wide range of securities brokerage, clearing, wealth management, and investment banking services. Headquartered in Los Angeles, California with 100 registered offices and nearly 900 colleagues, the firm focuses on client service and financial safety, innovation, and the utilization of advanced technology. Securities and Investment Advisory services are offered through Wedbush Securities Inc. Member NYSE/ FINRA / SIPC

    About Blue Ocean Technologies, LLC
    Blue Ocean Technologies, LLC (BOT) is a unique capital markets fintech company empowering global investors by making trading possible during U.S. overnight trading hours. Blue Ocean ATS, LLC, and its trading system Blue Ocean Alternative Trading System (BOATS), currently trade U.S. National Market System (NMS) stocks from 8:00 pm to 4:00 am ET, Sunday – Thursday. Founded in 2019, Blue Ocean ATS is on a mission to transform U.S. trading to global trading via its flagship service, Blue Ocean Session, providing access and transparency to subscribers in all time zones during non-traditional U.S. market hours. For more information, visit www.blueocean-tech.io.

    About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our public markets: OTCQX® Best Market, OTCQB® Venture Market, OTCID™ Basic Market and Pink Limited™ Market. Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS™ are each SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    For media inquiries: 
    Serina Molano 
    publicrelations@wedbush.com
    213-688-4564

    The MIL Network –

    July 16, 2025
  • MIL-OSI: Ingersoll Rand Welcomes Aurobind Satpathy to Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    DAVIDSON, N.C., July 15, 2025 (GLOBE NEWSWIRE) — Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life sciences and industrial solutions, today announced the appointment of Aurobind Satpathy to its Board of Directors, effective immediately.

    Satpathy currently serves as a senior partner at McKinsey & Company, a global management consulting firm. During his nearly 30-year career with McKinsey & Company, Satpathy led multi-billion-dollar mergers, guided companies through public-to-private transitions, and architected growth strategies that resulted in increases in market capitalization. In addition, Satpathy led global technology-enablement efforts within McKinsey’s Operations practice and held leadership roles across several offices, practices, and global committees.

    “Aurobind’s leadership in high-impact engagements across diverse industries demonstrates his deep expertise in aligning strategy with execution,” said Vicente Reynal, chairman and chief executive officer of Ingersoll Rand. “We look forward to leveraging his strategic mindset, and his ability to unlock value through bold, data-driven insights will be a welcome addition to our Board.”

    This appointment underscores Ingersoll Rand’s ongoing commitment to maintaining a robust and dynamic Board of Directors focused on innovation, operational excellence, and sustainable growth.

    About Ingersoll Rand Inc.
    Ingersoll Rand Inc. (NYSE: IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to Making Life Better for our employees, customers, shareholders, and planet. Customers lean on us for exceptional performance and durability in mission-critical flow creation and life sciences and industrial solutions. Supported by over 80+ respected brands, our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity, and efficiency. For more information, visit www.IRCO.com.

    Forward-Looking Statements
    This news release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to Ingersoll Rand Inc.’s (the “Company” or “Ingersoll Rand”) expectations regarding the performance of its business, its financial results, its liquidity and capital resources and other non-historical statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “forecast,” “outlook,” “target,” “endeavor,” “seek,” “predict,” “intend,” “strategy,” “plan,” “may,” “could,” “should,” “will,” “would,” “will be,” “on track to,” “will continue,” “will likely result,” “guidance” or the negative thereof or variations thereon or similar terminology generally intended to identify forward-looking statements. All statements other than historical facts are forward-looking statements.

    These forward-looking statements are based on Ingersoll Rand’s current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from these current expectations. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. The inclusion of such statements should not be regarded as a representation that such plans, estimates, or expectations will be achieved. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, (1) adverse impact on our operations and financial performance due to natural disaster, catastrophe, global pandemics (including COVID-19), geopolitical tensions, cyber events, or other events outside of our control; (2) unexpected costs, charges, or expenses resulting from completed and proposed business combinations; (3) uncertainty of the expected financial performance of the Company; (4) failure to realize the anticipated benefits of completed and proposed business combinations; (5) the ability of the Company to implement its business strategy; (6) difficulties and delays in achieving revenue and cost synergies; (7) inability of the Company to retain and hire key personnel; (8) evolving legal, regulatory, and tax regimes; (9) changes in general economic and/or industry specific conditions; (10) actions by third parties, including government agencies; and (11) other risk factors detailed in Ingersoll Rand’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”), as such factors may be updated from time to time in its periodic filings with the SEC, which are available on the SEC’s website at http://www.sec.gov. The foregoing list of important factors is not exclusive.

    Any forward-looking statements speak only as of the date of this release. Ingersoll Rand undertakes no obligation to update any forward-looking statements, whether as a result of new information or development, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

    Contacts:
    Investor Relations:                                                         
    Matthew.Fort@irco.com        

    Media:
    Sara.Hassell@irco.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b07808eb-96c6-4af2-a9a7-4eb49cf9df7c

    The MIL Network –

    July 16, 2025
  • MIL-OSI: Smackover Lithium Reports Highest Lithium Brine Grade in SWA Project Area as FEED Studies Nearing Completion

    Source: GlobeNewswire (MIL-OSI)

    LEWISVILLE, Ark., July 15, 2025 (GLOBE NEWSWIRE) — Smackover Lithium, a Joint Venture (“JV”) between Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLI) (NYSE.A: SLI) and Equinor, is pleased to announce that it has completed sampling from its newest exploration well, the Lester well, in the South West Arkansas (SWA) Project area, and has recorded the highest lithium concentration reported to date from the SWA Project area; 616 mg/L lithium in brine.

    The Lester well was completed in the second quarter of this year and concludes all sub-surface exploration activities for Phase 1 of the SWA Project. The location of the Lester well in relation to the SWA Phase 1 Project is shown in Figure 1 below, and an aerial photograph of the Lester well and associated pad is shown in Figure 2.

    Sampling of brines from the upper Smackover Formation was completed by the Company, and subsequent analysis of the brine by an independent third-party certified laboratory demonstrated significantly higher than expected lithium concentrations in the Lester brine, marking the highest lithium grade reported for the SWA Project. The summarized lithium brine analyses are provided in Table 1 below which highlights the average lithium concentration from three brine samples was 582 mg/L.

    Dr. Andy Robinson, President and COO of Standard Lithium stated, “The Smackover Lithium team has now completed all the fieldwork and testing required for Phase 1 of the SWA Project. We completed this final well in a part of the project area where we expected the lithium concentration to be approximately 500 mg/L, so we’re encouraged with these latest sampling results that show the highest lithium concentrations in the whole SWA Project area (maximum 616 mg/L), demonstrating a marked improvement from levels in the existing world-class lithium brine resource.

    With all of the fieldwork complete, the joint Smackover Lithium team is working to complete the FEED study, with a Definitive Feasibility Study expected later in the third quarter of this year. The completion of these studies will represent a significant milestone as the team rapidly advances Phase 1 of the SWA Project through off-take negotiations and project finance towards a Final Investment Decision targeted by year-end 2025.”

    Figure 1: SWA Project, Phase 1 Reynolds Unit and Location of Lester Well

    Table 1: Lester Well Lithium Brine Analyses in SWA Phase 1 Project Area

    Sample Name [1] Lithium
    mg/L
     
    Lester 2 #1 559
    Lester 2 #2 571
    Lester 2 #5 616
    Average Concentration [2] 582
       

    Notes:  Analyses conducted at WETLAB (Western Environmental Testing Laboratory) – 475 E Greg St, Suite 119, Sparks NV 89431.
    [1] Sample names are as reported by the independent third party laboratory. Samples #3 and #4 were a blank sample and a synthetic spike sample, used for laboratory data verification and QA/QC purposes. They are omitted here for clarity.
    [2] A simple average concentration is provided from the Lester well for illustrative purposes of the general lithium brine quality in the Lester well. Porosity-weighted averages will be used in future resource quality estimates.

    Figure 2: Aerial Photo of Lester Well in SWA Phase 1 Project

    Notes:  Photograph is taken looking approximately northeast across the Lester well-pad.

    Qualified Person

    Steve Ross, P.Geol., a Qualified Person as defined by NI 43-101, has reviewed and approved the relevant scientific and technical information that forms the basis for this news release. Mr. Ross is a consultant to the Company.

    About Smackover Lithium

    Smackover Lithium is a joint venture between Standard Lithium and Equinor. Formed in May 2024, Smackover Lithium is developing two Direct Lithium Extraction (“DLE”) Project Companies in southwest Arkansas and east Texas. Standard Lithium owns a 55% interest and Equinor holds the remaining 45% interest in the two Project Companies, with Standard Lithium maintaining operatorship.

    About Standard Lithium Ltd.

    Standard Lithium is a leading near-commercial lithium development company focused on the sustainable development of a portfolio of large, high-grade lithium-brine properties in the United States. The Company prioritizes projects characterized by high-grade resources, robust infrastructure, skilled labor, and streamlined permitting. Standard Lithium aims to achieve sustainable, commercial-scale lithium production via the application of a scalable and fully integrated Direct Lithium Extraction and purification process. The Company’s flagship projects are located in the Smackover Formation, a world-class lithium brine asset, focused in Arkansas and Texas. In partnership with global energy leader Equinor ASA, Standard Lithium is advancing the South West Arkansas project, a greenfield project located in southern Arkansas, and actively exploring promising lithium brine prospects in East Texas.

    Standard Lithium trades on both the TSXV and the NYSE American under the symbol “SLI”. Please visit the Company’s website at www.standardlithium.com.

    About Equinor

    Equinor is an international energy company committed to long-term value creation in a low-carbon future. Equinor’s portfolio of projects encompasses oil and gas, renewables and low-carbon solutions, with an ambition of becoming a net-zero energy company by 2050. Headquartered in Norway, Equinor is the leading operator on the Norwegian continental shelf and has offices in more than 20 countries worldwide. Equinor’s partnership with Standard Lithium to mature DLE projects builds on its broad US energy portfolio of oil and gas, offshore wind, low carbon solutions and battery storage projects.

    For more information on Equinor in the US, please visit: Equinor in the US – Equinor

    Investor Inquiries

    Dan Rosen
    Standard Lithium Ltd.
    +1 604 409 8154
    investors@standardlithium.com

    Media Inquiries

    media@standardlithium.com

    Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

    This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to intended development timelines, the timeline for completion of a Definitive Feasibility Study for the SWA Project, future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, fluctuations in the market for lithium and its derivatives, changes in exploration costs and government regulation in Canada and the United States, and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/cacb4d78-1a00-422a-abdf-10690d97f867
    https://www.globenewswire.com/NewsRoom/AttachmentNg/72ebbdb0-35be-4c5d-98a8-28c84b0a6859

    The MIL Network –

    July 16, 2025
  • MIL-OSI: Smackover Lithium Reports Highest Lithium Brine Grade in SWA Project Area as FEED Studies Nearing Completion

    Source: GlobeNewswire (MIL-OSI)

    LEWISVILLE, Ark., July 15, 2025 (GLOBE NEWSWIRE) — Smackover Lithium, a Joint Venture (“JV”) between Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLI) (NYSE.A: SLI) and Equinor, is pleased to announce that it has completed sampling from its newest exploration well, the Lester well, in the South West Arkansas (SWA) Project area, and has recorded the highest lithium concentration reported to date from the SWA Project area; 616 mg/L lithium in brine.

    The Lester well was completed in the second quarter of this year and concludes all sub-surface exploration activities for Phase 1 of the SWA Project. The location of the Lester well in relation to the SWA Phase 1 Project is shown in Figure 1 below, and an aerial photograph of the Lester well and associated pad is shown in Figure 2.

    Sampling of brines from the upper Smackover Formation was completed by the Company, and subsequent analysis of the brine by an independent third-party certified laboratory demonstrated significantly higher than expected lithium concentrations in the Lester brine, marking the highest lithium grade reported for the SWA Project. The summarized lithium brine analyses are provided in Table 1 below which highlights the average lithium concentration from three brine samples was 582 mg/L.

    Dr. Andy Robinson, President and COO of Standard Lithium stated, “The Smackover Lithium team has now completed all the fieldwork and testing required for Phase 1 of the SWA Project. We completed this final well in a part of the project area where we expected the lithium concentration to be approximately 500 mg/L, so we’re encouraged with these latest sampling results that show the highest lithium concentrations in the whole SWA Project area (maximum 616 mg/L), demonstrating a marked improvement from levels in the existing world-class lithium brine resource.

    With all of the fieldwork complete, the joint Smackover Lithium team is working to complete the FEED study, with a Definitive Feasibility Study expected later in the third quarter of this year. The completion of these studies will represent a significant milestone as the team rapidly advances Phase 1 of the SWA Project through off-take negotiations and project finance towards a Final Investment Decision targeted by year-end 2025.”

    Figure 1: SWA Project, Phase 1 Reynolds Unit and Location of Lester Well

    Table 1: Lester Well Lithium Brine Analyses in SWA Phase 1 Project Area

    Sample Name [1] Lithium
    mg/L
     
    Lester 2 #1 559
    Lester 2 #2 571
    Lester 2 #5 616
    Average Concentration [2] 582
       

    Notes:  Analyses conducted at WETLAB (Western Environmental Testing Laboratory) – 475 E Greg St, Suite 119, Sparks NV 89431.
    [1] Sample names are as reported by the independent third party laboratory. Samples #3 and #4 were a blank sample and a synthetic spike sample, used for laboratory data verification and QA/QC purposes. They are omitted here for clarity.
    [2] A simple average concentration is provided from the Lester well for illustrative purposes of the general lithium brine quality in the Lester well. Porosity-weighted averages will be used in future resource quality estimates.

    Figure 2: Aerial Photo of Lester Well in SWA Phase 1 Project

    Notes:  Photograph is taken looking approximately northeast across the Lester well-pad.

    Qualified Person

    Steve Ross, P.Geol., a Qualified Person as defined by NI 43-101, has reviewed and approved the relevant scientific and technical information that forms the basis for this news release. Mr. Ross is a consultant to the Company.

    About Smackover Lithium

    Smackover Lithium is a joint venture between Standard Lithium and Equinor. Formed in May 2024, Smackover Lithium is developing two Direct Lithium Extraction (“DLE”) Project Companies in southwest Arkansas and east Texas. Standard Lithium owns a 55% interest and Equinor holds the remaining 45% interest in the two Project Companies, with Standard Lithium maintaining operatorship.

    About Standard Lithium Ltd.

    Standard Lithium is a leading near-commercial lithium development company focused on the sustainable development of a portfolio of large, high-grade lithium-brine properties in the United States. The Company prioritizes projects characterized by high-grade resources, robust infrastructure, skilled labor, and streamlined permitting. Standard Lithium aims to achieve sustainable, commercial-scale lithium production via the application of a scalable and fully integrated Direct Lithium Extraction and purification process. The Company’s flagship projects are located in the Smackover Formation, a world-class lithium brine asset, focused in Arkansas and Texas. In partnership with global energy leader Equinor ASA, Standard Lithium is advancing the South West Arkansas project, a greenfield project located in southern Arkansas, and actively exploring promising lithium brine prospects in East Texas.

    Standard Lithium trades on both the TSXV and the NYSE American under the symbol “SLI”. Please visit the Company’s website at www.standardlithium.com.

    About Equinor

    Equinor is an international energy company committed to long-term value creation in a low-carbon future. Equinor’s portfolio of projects encompasses oil and gas, renewables and low-carbon solutions, with an ambition of becoming a net-zero energy company by 2050. Headquartered in Norway, Equinor is the leading operator on the Norwegian continental shelf and has offices in more than 20 countries worldwide. Equinor’s partnership with Standard Lithium to mature DLE projects builds on its broad US energy portfolio of oil and gas, offshore wind, low carbon solutions and battery storage projects.

    For more information on Equinor in the US, please visit: Equinor in the US – Equinor

    Investor Inquiries

    Dan Rosen
    Standard Lithium Ltd.
    +1 604 409 8154
    investors@standardlithium.com

    Media Inquiries

    media@standardlithium.com

    Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

    This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to intended development timelines, the timeline for completion of a Definitive Feasibility Study for the SWA Project, future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, fluctuations in the market for lithium and its derivatives, changes in exploration costs and government regulation in Canada and the United States, and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/cacb4d78-1a00-422a-abdf-10690d97f867
    https://www.globenewswire.com/NewsRoom/AttachmentNg/72ebbdb0-35be-4c5d-98a8-28c84b0a6859

    The MIL Network –

    July 16, 2025
  • MIL-OSI: Runway Growth Finance Corp. Provides Second Quarter 2025 Portfolio Update

    Source: GlobeNewswire (MIL-OSI)

    MENLO PARK, Calif., July 15, 2025 (GLOBE NEWSWIRE) — Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided an operational and portfolio update for the quarter ended June 30, 2025.

    “In the second quarter of 2025, Runway Growth demonstrated our focus on portfolio optimization as we added high quality names to our portfolio at attractive investment sizes. With the backing of the broader BC Partners platform, we are enhancing our origination channels and driving portfolio diversification by issuing smaller loans to late- and growth-stage businesses within technology, healthcare and select consumer sectors,” said David Spreng, Founder and CEO of Runway Growth. “We are pleased with the pipeline of opportunities we have generated since integrating onto the BC Partners platform and remain committed to upholding our rigorous underwriting standards and credit-first approach to portfolio management.”

    Originations
    In the second quarter of 2025, Runway Growth funded three investments: two investments in new portfolio companies and one investment in an existing portfolio company. These include:

    • Completion of a new $40.0 million investment to Autobooks, Inc. (“Autobooks”), funding $27.0 million at close. Autobooks is a financial technology innovator providing integrated payment, invoice, and accounting solutions specifically tailored to small and medium sized businesses;
    • Completion of a new $20.0 million investment to Swing Education, Inc. (“Swing Education”), funding $8.0 million at close. Swing Education is a leading online marketplace that connects schools with qualified substitute teachers; and
    • Completion of a new $2.8 million investment to existing portfolio company, Marley Spoon SE.

    Subsequent to quarter end, Runway Growth completed a new $10.0 million investment to Federal Hearings and Appeals Services (“FHAS”), funding $7.5 million at close. FHAS is a trusted national leader in providing business processing and outsourcing services to federal and state government agencies.

    Liquidity Events
    During the second quarter of 2025, Runway Growth experienced the following liquidity events in its investment portfolio:

    • Full principal repayment of the Company’s senior secured term loan to SetPoint Medical Corporation of $25.0 million; and
    • Other scheduled loan principal amortization payments of $4.1 million.

    Subsequent to quarter end, Runway Growth received a full principal repayment of the Company’s senior secured term loan to Nalu Medical Inc. of $21.1 million.

    Portfolio Construction and Management
    Runway Growth is a credit-first organization, carefully structured to focus on what it believes to be the highest quality, late-stage companies in the venture debt market. The Company seeks to uphold industry-leading investment standards as well as disciplined underwriting and monitoring of its portfolio. Runway Growth is positioned as a preferred lender in the venture debt space, supporting and working closely with companies to help them reach their full growth potential. Since inception, the Company has focused on the fastest growing sectors of the economy, including healthcare, technology and select consumer services and products industries.

    As of June 30, 2025, the Runway Growth portfolio included 48 debt investments to 31 portfolio companies and 89 equity investments in 49 portfolio companies, including 26 portfolio companies where Runway Growth holds both a debt and equity investment. Investments were comprised of late and growth-stage businesses in the technology, healthcare and select consumer services and products industries. Runway Growth’s normal business operations include frequent communication with portfolio companies.

    About Runway Growth Finance Corp.
    Runway Growth is a growing specialty finance company focused on providing flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity. Runway Growth is a closed-end investment fund that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. Runway Growth is externally managed by Runway Growth Capital LLC, an established registered investment adviser that was formed in 2015 and led by industry veteran David Spreng. For more information, please visit www.runwaygrowth.com.

    Forward-Looking Statements
    Statements included herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in forward-looking statements as a result of a number of factors, including those described from time to time in Runway Growth’s filings with the Securities and Exchange Commission. Runway Growth undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

    Important Disclosures
    Strategies described involve special risks that should be evaluated carefully before a decision is made to invest. Not all of the risks and other significant aspects of these strategies are discussed herein. Please see a more detailed discussion of these risk factors and other related risks in the Company’s most recent annual report on Form 10-K in the section entitled “Risk Factors”, which may be obtained on the Company’s website, www.runwaygrowth.com, or the SEC’s website, www.sec.gov.

    IR Contacts:
    Taylor Donahue, Prosek Partners, rway@prosek.com
    Thomas B. Raterman, Chief Financial Officer and Chief Operating Officer, tr@runwaygrowth.com

    The MIL Network –

    July 16, 2025
  • MIL-OSI: Upexi Announces Closing of $50 Million Private Placement Equity Offering

    Source: GlobeNewswire (MIL-OSI)

    TAMPA, Fla., July 15, 2025 (GLOBE NEWSWIRE) — Upexi, Inc. (NASDAQ: UPXI) (the “Company” or “Upexi”), a brand owner specializing in the development, manufacturing and distribution of consumer products with diversification into the cryptocurrency space, today announced the closing of a private placement equity offering of 12,457,186 shares of common stock (the “Equity Offering”) with certain accredited investors, qualified purchasers and institutional investors, as well as Allan Marshall, the Company’s Chief Executive Officer and Gene Salkind, Director, for the purchase and sale of 12,457,186 shares of common stock at a price of $4.00 per share (and at a price of $4.94 per share for management and board participation) for aggregate gross proceeds of approximately $50 million, before deducting placement agent fees and other offering expenses.

    The Company anticipates the previously disclosed closing of the $150 million convertible notes in exchange for Solana to be on or about July 16, 2025 (“Note Offering”).  

    The Company intends to use the proceeds from the Equity Offering to cover placement agent fees and offering related expenses, support general working capital needs, and allocate the balance of the net proceeds to advance the Company’s Solana treasury strategy.

    A.G.P./Alliance Global Partners acted as the sole placement agent in connection with the offering.

    The offer and sale of the foregoing securities was made in a transaction not involving a public offering, and the securities have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or applicable state securities laws. Accordingly, the securities may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws.

    This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

    About Upexi, Inc.
    Upexi is a brand owner specializing in the development, manufacturing, and distribution of consumer products. The Company has entered the Cryptocurrency industry and cash management of assets through a Cryptocurrency Portfolio. For more information on Upexi’s treasury strategy and future developments, visit www.upexi.com.

    Follow Upexi on X – https://twitter.com/upexitreasury
    Follow CEO, Allan Marshall, on X – https://x.com/marshall_a22015
    Follow CSO, Brian Rudick, on X – https://x.com/thetinyant

    Forward Looking Statements
    This news release contains “forward-looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. For example, the Company is using forward looking statements when it discusses the expected closing of the previously announced $150 Million convertible note offering and the anticipated use of proceeds. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with business strategy, potential acquisitions, revenue guidance, product development, integration, and synergies of acquiring companies and personnel. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

    Company Contact
    Brian Rudick, Chief Strategy Officer
    Email:brian.rudick@upexi.com
    Phone: (216) 347-0473

    Media Contact
    Gasthalter & Co.
    Upexi@gasthalter.com

    Investor Relations Contact
    KCSA Strategic Communications
    Valter Pinto, Managing Director
    Email: Upexi@KCSA.com
    Phone: (212) 896-1254

    The MIL Network –

    July 16, 2025
  • MIL-OSI: Upexi Announces Closing of $50 Million Private Placement Equity Offering

    Source: GlobeNewswire (MIL-OSI)

    TAMPA, Fla., July 15, 2025 (GLOBE NEWSWIRE) — Upexi, Inc. (NASDAQ: UPXI) (the “Company” or “Upexi”), a brand owner specializing in the development, manufacturing and distribution of consumer products with diversification into the cryptocurrency space, today announced the closing of a private placement equity offering of 12,457,186 shares of common stock (the “Equity Offering”) with certain accredited investors, qualified purchasers and institutional investors, as well as Allan Marshall, the Company’s Chief Executive Officer and Gene Salkind, Director, for the purchase and sale of 12,457,186 shares of common stock at a price of $4.00 per share (and at a price of $4.94 per share for management and board participation) for aggregate gross proceeds of approximately $50 million, before deducting placement agent fees and other offering expenses.

    The Company anticipates the previously disclosed closing of the $150 million convertible notes in exchange for Solana to be on or about July 16, 2025 (“Note Offering”).  

    The Company intends to use the proceeds from the Equity Offering to cover placement agent fees and offering related expenses, support general working capital needs, and allocate the balance of the net proceeds to advance the Company’s Solana treasury strategy.

    A.G.P./Alliance Global Partners acted as the sole placement agent in connection with the offering.

    The offer and sale of the foregoing securities was made in a transaction not involving a public offering, and the securities have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or applicable state securities laws. Accordingly, the securities may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws.

    This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

    About Upexi, Inc.
    Upexi is a brand owner specializing in the development, manufacturing, and distribution of consumer products. The Company has entered the Cryptocurrency industry and cash management of assets through a Cryptocurrency Portfolio. For more information on Upexi’s treasury strategy and future developments, visit www.upexi.com.

    Follow Upexi on X – https://twitter.com/upexitreasury
    Follow CEO, Allan Marshall, on X – https://x.com/marshall_a22015
    Follow CSO, Brian Rudick, on X – https://x.com/thetinyant

    Forward Looking Statements
    This news release contains “forward-looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. For example, the Company is using forward looking statements when it discusses the expected closing of the previously announced $150 Million convertible note offering and the anticipated use of proceeds. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with business strategy, potential acquisitions, revenue guidance, product development, integration, and synergies of acquiring companies and personnel. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

    Company Contact
    Brian Rudick, Chief Strategy Officer
    Email:brian.rudick@upexi.com
    Phone: (216) 347-0473

    Media Contact
    Gasthalter & Co.
    Upexi@gasthalter.com

    Investor Relations Contact
    KCSA Strategic Communications
    Valter Pinto, Managing Director
    Email: Upexi@KCSA.com
    Phone: (212) 896-1254

    The MIL Network –

    July 16, 2025
  • MIL-OSI Russia: Shandong Province Launches Integrated Warehouse-Transportation-Trade Service for China-Europe Rail Freight Transportation

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 15 (Xinhua) — Two special trains on the China-Europe international rail freight route arrived one after another at the Multimodal Transport Center of the China-SCO Regional Economic and Trade Cooperation Demonstration Zone (hereinafter referred to as the China-SCO Demonstration Zone), delivering more than 3,100 tons of feed wheat flour from Kazakhstan to Shandong Province, east China. After unloading, the goods were stored in a warehouse in the national logistics hub park for China-Europe trains in Qingdao, east China, marking the official opening of the warehouse-shipment-trade integrated service for goods transported along the aforementioned China-Europe routes.

    According to the Qingdao Daily newspaper, the “warehouse-transportation-trade” format in the context of international China-Europe rail freight transportation implies the close integration of three links – warehousing, transportation and trade – into a single, highly efficient and coordinated trade and logistics ecosystem within the framework of the operation of the aforementioned trains. Such an integrated service allows for the optimization of resource allocation, reduction of intermediate links and significant improvement of overall operational efficiency.

    According to a representative of Shandong Hi-Speed Group, the company has currently developed a comprehensive solution for the entire process in the format of “warehouse-transportation-trade” for a customer of feed wheat flour from Kazakhstan, taking into account customer needs.

    Zang Yuanqi, an official with the China-SCO Demonstration Zone Management Committee, said the zone will give full play to its public good character, accelerate the construction of the Qingdao hub, and develop and strengthen new business models such as the integration of transportation and trade to accurately and efficiently serve the country’s foreign trade enterprises. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 16, 2025
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