NewzIntel.com

Category: Economy

  • MIL-OSI: XBP Europe Holdings, Inc. Signs Exclusive Non-Binding Letter of Intent to Acquire Exela Technologies BPA, LLC

    Source: GlobeNewswire (MIL-OSI)

    SANTA MONICA, Calif., March 04, 2025 (GLOBE NEWSWIRE) — XBP Europe Holdings, Inc. (“XBP Europe”) (Nasdaq: XBP), a pan-European integrator of bills, payments, and related solutions and services, today announced that it has entered into an exclusive, non-binding letter of intent with Exela Technologies, Inc. to acquire Exela Technologies BPA, LLC (“BPA”), a leading provider of business process automation solutions. The closing of the acquisition will be subject to BPA completing a corporate reorganization which is expected to create a sustainable capital structure with a substantially deleveraged balance sheet. If completed, the acquisition will expand XBP Europe’s revenue to more than $1 billion from $145 million on a pro forma basis for the twelve months ending September 30, 2024.

    “We are excited to announce this possible transaction, which will combine the forces of XBP Europe and BPA in a new way and allow us to pursue opportunities deploying the latest AI-enabled technologies and with a very robust balance sheet,” said Andrej Jonovic, Chief Executive Officer of XBP. “BPA has a longstanding blue chip client base in the Americas and a growing business in APAC, and with a reconstituted global platform, we look forward to competing with the top global business process automation players.”

    The parties have agreed to act in good faith to negotiate definitive agreements, complete due diligence, undertake necessary regulatory approvals, and seek any necessary approvals, including from XBP Europe’s shareholders. Accordingly, there can be no assurance that a definitive agreement will be entered into or that the proposed transaction will be consummated. Readers are cautioned that those portions of the LOI that describe the proposed transaction are non-binding. XBP Europe only intends to announce additional details regarding the proposed transaction if and when a definitive agreement is executed.

    About XBP Europe Holdings, Inc.

    XBP Europe is a pan-European integrator of bills, payments and related solutions and services seeking to enable digital transformation of its more than 2,000 clients. The Company’s name – ‘XBP’ stands for ‘exchange for bills and payments’ and reflects the Company’s strategy to connect buyers and suppliers, across industries, including banking, healthcare, insurance, utilities and the public sector, to optimize clients’ bills and payments and related digitization processes. The Company provides business process management solutions with proprietary software suites and deep domain expertise, serving as a technology and services partner for its clients. Its cloud-based structure enables it to deploy its solutions across the European market, along with the Middle East and Africa. The physical footprint of XBP Europe spans 15 countries and 32 locations and a team of approximately 1,500 individuals. XBP Europe believes its business ultimately advances digital transformation, improves market wide liquidity by expediting payments, and encourages sustainable business practices. For more information, please visit: www.xbpeurope.com.

    About Exela Technologies BPA, LLC

    BPA is a leading provider of business process automation solutions, leveraging a global footprint and proprietary technology to provide digital transformation solutions enhancing quality, productivity, and end-user experience. With decades of experience operating mission-critical processes, BPA serves a growing roster of more than 1,550 customers worldwide. Utilizing foundational technologies spanning information management, workflow automation, and integrated communications, BPA’s software and services include multi-industry, departmental solution suites addressing finance and accounting, human capital management, and legal management, as well as industry-specific solutions for banking, healthcare, insurance, and the public sector. Through cloud-enabled platforms, built on a configurable stack of automation modules, and approximately 11,000 employees operating in 5 countries, BPA rapidly deploys integrated technology and operations as an end-to-end digital journey partner.

    Cautionary Statement Regarding Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. These statements include, without limitation, predictions regarding the possible transaction, and relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions. Actual events or results may differ materially from those stated or implied by these forward-looking statements as a result of various important factors, including without limitation those discussed under the heading “Risk Factors” in XBP Europe’s Annual Report on Form 10-K and other securities filings. XBP Europe assumes no obligation to update any forward-looking statements, which speak only as of the date they are made.

    Contact: investors@xbpeurope.com

    Please follow us on social:

    X: https://X.com/XBPEurope

    LinkedIn: https://www.linkedin.com/company/xbp-europe/

    The MIL Network –

  • MIL-OSI: Poppulo Strengthens Digital Signage Portfolio with Strategic Acquisition of REACH Media Network

    Source: GlobeNewswire (MIL-OSI)

    DENVER, March 04, 2025 (GLOBE NEWSWIRE) — Poppulo, a global leader in digital signage and omnichannel employee communications software, today announced its acquisition of REACH Media Network (REACH), a prominent provider of reliable, user-friendly digital signage solutions to mid-market customers. With a combined reach of more than 10,000 digital signage customers worldwide, this strategic acquisition underscores Poppulo’s dedication to delivering high impact digital signage solutions for a broader range of customers and use cases. 

    With more than 45 years combined experience in the digital signage industry, Poppulo and REACH will drive innovation that helps organizations more effectively use digital signage to improve customer experience, increase revenue, drive brand awareness, improve performance and enhance their workplaces. Poppulo plans to retain both platforms to serve the needs of its diverse customer base, ensuring continuity for existing customers of both companies. 

    Key Benefits of the Acquisition: 

    • Expanded Market Coverage: The acquisition allows Poppulo to bring the benefits of digital signage to a wider spectrum of businesses and use cases, from large enterprises to mid-market organizations. 
    • Innovation at Scale: A broader portfolio of solutions, diverse expertise, and additional scale will drive product innovation for customers. 
    • Increased Resources and Expertise: Customers will benefit from a scaled global provider with increased resources and advanced support options, while continuing to enjoy the dedicated support they trust. 

    Ruth Fornell, CEO of Poppulo, said: “We are thrilled to welcome REACH to the Poppulo family. This acquisition aligns perfectly with our vision to lead the market with best-in-class digital signage solutions that drive engagement, enhance productivity, and create meaningful connections. By joining forces, we are not only enhancing our offerings but also expanding our ability to support businesses of all sizes in creating exceptional communication experiences. This acquisition is a key milestone in our growth strategy.” 

    Darren Wercinski, CEO of REACH, added: “Joining forces with Poppulo marks an exciting new chapter for REACH. Together, we’ll deliver cutting-edge digital signage solutions on a global scale, empowering businesses to transform their communication strategies. We’re proud to bring our expertise to Poppulo and look forward to the opportunities this partnership will create for our customers.”

    This acquisition represents Poppulo’s commitment to growing its leadership position in the digital signage industry and its dedication to meeting the evolving communications needs of organizations worldwide.

    District Capital Partners (“DCP”) served as exclusive financial advisors to Poppulo in connection with the transaction.

    For more information about the acquisition and what it means for Poppulo and REACH customers, contact info@poppulo.com.

    About Poppulo

    Poppulo helps enterprise companies achieve more by connecting and communicating with employees and customers at scale through leading, AI-powered digital signage, employee communications, and workplace management solutions. Poppulo’s 4,500+ customer base is representative of the world’s most successful companies, including more than 40 of the Fortune 100. Poppulo Digital Signage solutions are deployed across 500,000+ screens in 80 countries. For more information, visit https://www.poppulo.com/products/digital-signage. Follow Poppulo on LinkedIn and on Twitter.  

    About REACH Media Network 

    REACH Media Network is a leading provider of innovative digital signage solutions designed to connect people, enhance engagement, and simplify information sharing. Serving businesses, educational institutions, healthcare facilities, and more, REACH empowers organizations to effectively communicate with their audiences through dynamic, cloud-based signage solutions. Established in 2005, REACH serves over 9,000 customers and manages over 25,000 screens globally. For more information, visit www.reachmedianetwork.com. Follow REACH Media Network on LinkedIn. 

    The MIL Network –

  • MIL-OSI: Anjuna Fuels Secure AI Innovation in the Digital Payments Industry

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., March 04, 2025 (GLOBE NEWSWIRE) — Anjuna, a leader in Universal Confidential Computing and AI Data Fusion Clean Rooms, today announced significant momentum in the digital payments industry. This announcement comes off the heels of Anjuna being selected by Gartner as a Tech Innovator in the Preemptive Cybersecurity category.

    Several market-leading financial services and fintech companies have selected Anjuna’s platform to ensure secure data collaboration, privacy, and compliance while leveraging AI to drive innovation:

    • Global Leader in Financial Services – A Fortune 500 financial institution providing trusted payment, network, and digital banking solutions. Anjuna helped the institution secure its essential cryptographic services layers for public cloud acceleration.
    • Narval – A crypto institutional connectivity layer that enables secure connection & integration between custodians and crypto protocols/applications. Narval’s stack leverages Anjuna’s Confidential Pods to ensure credentials live and operations occur within a verifiable trusted execution environment.
    • Payfinia – an independent payments company, providing community financial institutions (CFIs) access to and ownership of their instant payments services. Anjuna enables Payfinia to ensure both speed and security for its users.
    • Portal – A borderless finance infrastructure provider, enabling companies to move money anywhere in the world fast and cheaply by leveraging blockchains and stablecoins. Anjuna enables Portal to speed up the wallet creation and account setup, open up the solution to more customers, and improve the user experience for wallet recovery.
    • rootVX – A unified infrastructure for value storage and interchange based on the three pillars of tokenization, programmability and proving systems. rootVX uses Anjuna’s advanced TEE mechanism to protect its platform services that handle sensitive user data and financial transactions.

    Executives from Anjuna’s new customers emphasized the importance of implementing secure AI-driven collaboration for their operations:

    “Security and trust are foundational for institutional crypto adoption. Anjuna’s Confidential Pods enable us to provide institutions with a secure connectivity layer that protects sensitive operations and credentials while enabling safe access to vetted protocols and applications.”
    — Greg Jessner, Co-Founder & CEO, Narval

    “Anjuna enables us to process and analyze financial data in a confidential environment, ensuring both speed and security for our users.”
    — Nizar Jamal, Chief Technology Officer, Payfinia

    “By leveraging Anjuna to deploy secure enclaves, we have strengthened our ability to serve enterprise customers with robust treasury management and seamless stablecoin orchestration—all while adhering to the highest security standards. Secure enclaves not only enable us to meet stringent compliance requirements but also unlock new opportunities to optimize our infrastructure, enhancing both security and operational efficiency without compromising trust.”
    — Parsa Attari, Co-Founder & Head of Product, Portal

    Anjuna’s AI Data Fusion Clean Room, Anjuna Northstar, and its Universal Confidential Computing Platform, Anjuna Seaglass, allow digital payment providers to:

    • Enable secure AI-driven innovation – Unlock new business opportunities by sharing insights while keeping the raw sensitive data private.
    • Ensure regulatory compliance – Maintain adherence to financial and data privacy regulations, including GDPR and PCI DSS.
    • Faster, more granular fraud detection – Protect sensitive financial data with zero-trust security.

    For more information on how Anjuna is transforming AI-driven financial collaboration, visit www.anjuna.io.

    About Anjuna
    Anjuna unlocks secure, AI-driven innovation with two groundbreaking solutions. Anjuna Seaglass, the Universal Confidential Computing Platform, delivers ubiquitous data privacy and intrinsic cloud security. Anjuna Northstar, the AI Data Fusion Clean Room, builds on Seaglass to provide an out-of-the-box, private environment for limitless AI-driven data collaboration and value discovery. Anjuna works with enterprises around the globe, including financial services, government, healthcare and SaaS. Anjuna is backed by prominent investors, including Playground Global, Insight Partners, M Ventures, and SineWave Ventures.

    Media Contact:
    Mauricio Barra, VP of Marketing for Anjuna
    Email: mauricio.barra@anjuna.io

    The MIL Network –

  • MIL-OSI Asia-Pac: Choi Yuk-lin mourns Woo Chia-wei

    Source: Hong Kong Information Services

    Secretary for Education Choi Yuk-lin today expressed her deep sorrow over the passing of Hong Kong University of Science & Technology founding president Prof Woo Chia-wei, and extended her deepest condolences to his family.

    Prof Woo led the establishment of the Hong Kong University of Science & Technology and served as its president from 1991 to 2001.

    Ms Choi said: “During his tenure, Prof Woo laid a strong foundation for the development of this world-class institution and was dedicated to driving Hong Kong’s transformation into a knowledge-based economy through scientific research.

    “Prof Woo was also an outstanding community leader, contributing to various fields over the years. In addition to being highly respected in the higher education sector, he also made immense contributions to the development of Hong Kong.”

    His significant contributions to higher education will be remembered and cherished by the education sector, Ms Choi added.

    MIL OSI Asia Pacific News –

  • MIL-OSI: Risk Strategies Mike Vitulli to Chair Zywave’s Casualty Insights Conference

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, March 04, 2025 (GLOBE NEWSWIRE) — Risk Strategies, a leading North American specialty insurance brokerage and risk management and consulting firm, today announced that Mike Vitulli, National Casualty Practice Leader, will preside over an information-packed slate of events at the 15th annual Zywave Casualty Insights Conference taking place on March 6, 2025, in New York City.

    Serving as conference chair, Vitulli will help shepherd a day-long event designed to share expert knowledge on everything from market trends, significant legal and regulatory developments, to emerging exposures and managing ever-evolving risk. Mo Tooker, Head of Commercial Lines at The Hartford, will be the keynote speaker for this year’s conference.

    “The evolving challenges of the casualty market can be sometimes underappreciated,” said Vitulli. “These conference sessions are designed to bring expert insight to bear on these challenges, helping attendees to better understand what is happening, why, and what they can do to better manage their unique risks.”

    The day’s planned agenda covers a wide range of topics and issues of increasing importance to a variety of stakeholders, including risk managers, brokers, underwriters, re-insurers, and attorneys. Panels will address key issues such as:

    • Modeling and Reserving for the Risks of Today – and Tomorrow
    • The Client Perspective: Surviving and Thriving in an Uncertain World
    • Tackling Fraud in Civil Litigation

    “Zywave’s leaders and the conference board members have put a tremendous amount of work into shaping the event agenda and bringing together the world-class expertise for this year’s event,” said Vitulli. “This conference has consistently attracted sold-out crowds because of the quality of information it provides. I am honored to be part of the event and am confident that attendees will find it well worth their time.”

    As conference chair, Vitulli will host the event and guide its agenda. Vitulli’s planned remarks to the conference will address the current state of the casualty insurance market, the critical role insurers play in the smooth functioning of the economy, the need for long term financial stability and predictability in the industry, as well as factors influencing that stability.

    “We are grateful for innovative thought leaders like Mike Vitulli, and the other advisory board members, who invest their time and talent to move our industry forward in a challenging market,” said Jeff Cohen, Senior Vice President, Zywave. “Given today’s heightened level of risk with increasing loss costs and expanding causes of loss, Zywave is committed to helping carriers, brokers, and insurance buyers better understand the complicated casualty risk landscape, and we thank Mike and Risk Strategies for their ongoing support.”

    Zywave’s Casualty Insights Conference will be hosted at Convene, 117 W 46th St, New York, NY. Risk Strategies is a branding sponsor of this year’s event.

    For more information on the conference, please visit: https://zywave.cventevents.com/event/CasualtyInsights2025/overview.

    To learn more about Risk Strategies, please visit risk-strategies.com.

    About Risk Strategies

    Risk Strategies, part of Accession Risk Management Group, is a North American specialty brokerage firm offering comprehensive risk management services, property and casualty insurance and reinsurance placement, employee benefits, private client services, consulting services, and financial & wealth solutions. The 9th largest U.S. privately held broker, we advise businesses and personal clients, have access to all major insurance markets, and 30+ specialty industry and product line practices and experts in 200+ offices – Atlanta, Boston, Charlotte, Chicago, Dallas, Grand Cayman, Kansas City, Los Angeles, Miami, Montreal, Nashville, New York City, Philadelphia, San Francisco, Toronto, and Washington, DC. RiskStrategies.com.

    Media Contact
    Alana Bannan
    Senior Account Executive
    (720) 400-8025
    Rsc@matternow.com

    The MIL Network –

  • MIL-OSI Video: Saudi Arabia’s Economic Shifts | World Economic Forum Annual Meeting 2025

    Source: World Economic Forum (video statements)

    Saudi Arabia’s non-oil activities reached 50% of its GDP in 2023, a first for the kingdom as it expands its investment to diversify its economy through emerging industries and technologies, infrastructure development and workforce adaptation.

    What are the country’s plans to safeguard stability and drive robust growth in the Intelligent Age?

    Speakers: Francine Lacqua, Faisal Alibrahim, Mohammed Aljadaan, Laurence D. Fink, Abdullah AlSwaha, Kristalina Georgieva

    The 55th Annual Meeting of the World Economic Forum will provide a crucial space to focus on the fundamental principles driving trust, including transparency, consistency and accountability.

    This Annual Meeting will welcome over 100 governments, all major international organizations, 1000 Forum’s Partners, as well as civil society leaders, experts, youth representatives, social entrepreneurs, and news outlets.

    The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.

    World Economic Forum Website ► http://www.weforum.org/
    Facebook ► https://www.facebook.com/worldeconomicforum/
    YouTube ► https://www.youtube.com/wef
    Instagram ► https://www.instagram.com/worldeconomicforum/
    X ► https://twitter.com/wef
    LinkedIn ► https://www.linkedin.com/company/world-economic-forum
    TikTok ► https://www.tiktok.com/@worldeconomicforum
    Flipboard ► https://flipboard.com/@WEF

    #Davos2025 #WorldEconomicForum #wef25

    https://www.youtube.com/watch?v=9AR53G4O01s

    MIL OSI Video –

  • MIL-OSI: TeraWulf Announces Participation in Upcoming Conferences and Events

    Source: GlobeNewswire (MIL-OSI)

    EASTON, Md., March 04, 2025 (GLOBE NEWSWIRE) — TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), which owns and operates vertically integrated, next-generation digital infrastructure primarily powered by zero-carbon energy, today announced that various members of senior management will be participating in the following upcoming conferences and events:

    • March 5-7, 2025: Bitcoin Ski Summit, Jackson Hole, WY
    • March 11-12, 2025: Cantor Global Technology Conference, New York, NY
    • March 16-18, 2025: 37th Annual Roth Conference, Dana Point, CA
    • March 24-25, 2025: DCD>Connect, New York, NY
    • March 17-20, 2025: NVIDIA GTC 2025, San Jose, CA
    • March 26, 2025: DC Blockchain Summit 2025, Washington, DC
    • April 8-9, 2025: Jones Healthcare and Technology Innovation Conference, Las Vegas, NV
    • April 14-17, 2025: Data Center World, Washington, DC
    • April 16, 2025: Jefferies Power x Coin Conference, Virtual

    About TeraWulf

    TeraWulf develops, owns, and operates environmentally sustainable, next-generation data center infrastructure in the United States, specifically designed for bitcoin mining and hosting HPC workloads. Led by a team of seasoned energy entrepreneurs, the Company owns and operates the Lake Mariner facility situated on the expansive site of a now retired coal plant in Western New York. Currently, TeraWulf generates revenue primarily through bitcoin mining, leveraging predominantly zero-carbon energy sources, including hydroelectric and nuclear power. Committed to environmental, social, and governance (ESG) principles that align with its business objectives, TeraWulf aims to deliver industry-leading economics in mining and data center operations at an industrial scale.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements include statements concerning anticipated future events and expectations that are not historical facts. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements. In addition, forward-looking statements are typically identified by words such as “plan,” “believe,” “goal,” “target,” “aim,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project,” “seek,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “strategy,” “opportunity,” “predict,” “should,” “would” and other similar words and expressions, although the absence of these words or expressions does not mean that a statement is not forward-looking. Forward-looking statements are based on the current expectations and beliefs of TeraWulf’s management and are inherently subject to a number of factors, risks, uncertainties and assumptions and their potential effects. There can be no assurance that future developments will be those that have been anticipated. Actual results may vary materially from those expressed or implied by forward-looking statements based on a number of factors, risks, uncertainties and assumptions, including, among others: (1) the ability to mine bitcoin profitably; (2) our ability to attract additional customers to lease our HPC data centers; (3) our ability to perform under our existing data center lease agreements (4) changes in applicable laws, regulations and/or permits affecting TeraWulf’s operations or the industries in which it operates; (5) the ability to implement certain business objectives, including its bitcoin mining and HPC data center development, and to timely and cost-effectively execute related projects; (6) failure to obtain adequate financing on a timely basis and/or on acceptable terms with regard to expansion or existing operations; (7) adverse geopolitical or economic conditions, including a high inflationary environment, the implementation of new tariffs and more restrictive trade regulations; (8) the potential of cybercrime, money-laundering, malware infections and phishing and/or loss and interference as a result of equipment malfunction or break-down, physical disaster, data security breach, computer malfunction or sabotage (and the costs associated with any of the foregoing); (9) the availability and cost of power as well as electrical infrastructure equipment necessary to maintain and grow the business and operations of TeraWulf; and (10) other risks and uncertainties detailed from time to time in the Company’s filings with the Securities and Exchange Commission (“SEC”). Potential investors, stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. TeraWulf does not assume any obligation to publicly update any forward-looking statement after it was made, whether as a result of new information, future events or otherwise, except as required by law or regulation. Investors are referred to the full discussion of risks and uncertainties associated with forward-looking statements and the discussion of risk factors contained in the Company’s filings with the SEC, which are available at www.sec.gov.

    Investors:
    Investors@terawulf.com

    Media:
    media@terawulf.com

    The MIL Network –

  • MIL-OSI: Data443 Completes Operational Expense Rationalization

    Source: GlobeNewswire (MIL-OSI)

    RESEARCH TRIANGLE PARK, N.C., March 04, 2025 (GLOBE NEWSWIRE) — Data443 Risk Mitigation, Inc. (OTCPK: ATDS) (“Data443” or the “Company”), an AI data security and privacy software company for “All Things Data Security,” today announced the completion of major operational expense rationalizations yielding immediate and long-term financial benefits.

    $3.1 Million in Annual Cost Savings Achieved

    “As part of our march toward profitability and operational efficiencies across all acquisitions, we have successfully eliminated over $3.1 million in annualized operational expenses from our current operations,” stated Jason Remillard, CEO of Data443.

    This cost optimization initiative follows the Company’s recent expansion in the AI sector, including an acquisition focused on email categorization and classification technologies and the launch of its innovative CAFAI™ training solution for AI large language models. Additionally, the newly established relationship with leading data center provider TierPoint, announced last week, has contributed significantly to these operational expense reductions.

    Renewed Focus on Efficiency and Growth

    “As the broader market recovers globally, we continue to identify new opportunities for a disciplined, optimization-focused approach in our operating reviews and deal structures, enabling us to deliver more unique, forward-leaning data security solutions for our customers,” Remillard continued. “These efficiencies drive higher quality and more focused product capabilities for customers while enabling greater investments in the business. Furthermore, as our recurring revenue continues to compound, the Company will realize additional cost savings around interest expense, which has historically been a significant financial burden.”

    The Company expects to maintain these efficiencies consistently for current business operations without incurring any one-time charges.

    These operational improvements coincide with significant market validation of AI-powered email security solutions, evidenced by Abnormal Security’s anticipated IPO and growing enterprise demand for intelligent security platforms such as Sailpoint.

    Forward-Looking Statements 

    This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by use of terms such as “expect,” “believe,” “anticipate,” “may,” “could,” “will,” “should,” “plan,” “project,” “intend,” “estimate,” “predict,” “potential,” “pursuant,” “target,” “continue” or the negative of these words or other comparable terminology. Statements in this press release that are not historical statements, including statements regarding Data443’s plans, objectives, future opportunities for Data443’s services, future financial performance and operating results, and any other statements regarding Data443’s future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance, or regarding the anticipated consummation of any transaction, are forward-looking statements. These statements are not guarantees of future performance and are subject to numerous risks, uncertainties and assumptions, many of which are difficult to predict or are beyond Data443’s control. These risks, uncertainties and assumptions could cause actual results to differ materially from the results expressed or implied by the statements. They may relate to the outcome of litigation, settlements and investigations; actions by third parties, including governmental agencies; volatility in customer spending; global economic conditions; inability to hire and retain personnel; loss of, or reduction in business with, key customers; difficulty with growth and integration of acquisitions; product liability; cybersecurity risk; anti-takeover measures in the Company’s charter documents; and the uncertainties created by global health issues, such as the ongoing outbreak of COVID, and political unrest and conflict, such as the invasion of Ukraine by Russia. These and other important risk factors are described more fully in the Company’s reports and other documents filed with the Securities and Exchange Commission (“the SEC”), including in Part I, Item 1A of the Company’s Annual Report on Form 10-K filed with the SEC on April 17, 2024, and subsequent filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release, which are based on information available to the Company on the date hereof. Except as otherwise required by applicable law, Data443 undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events or otherwise.

    “DATA443” is a registered trademark of Data443 Risk Mitigation, Inc.

    All product names, trademarks and registered trademarks are property of their respective owners. All company, product and service names used in this press release are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.

    For further information:
    Follow us on LinkedIn: https://www.linkedin.com/company/data443-risk-mitigation-inc/
    Follow us on YouTube: https://www.youtube.com/channel/UCZXDhJcx-XgMBhvE9aFHRdA
    Sign up for our Investor Newsletter: https://data443.com/investor-email-alerts/

    To learn more about Data443, please watch the Company’s video introduction on its YouTube channel: https://youtu.be/1Fp93jOxFSg

    Investor Relations Contact:
    Matthew Abenante
    ir@data443.com
    919.858.6542

    The MIL Network –

  • MIL-OSI: Changelly Offers $50 Welcome Bonuses to New Mobile App Users Throughout March

    Source: GlobeNewswire (MIL-OSI)

    KINGSTOWN, St. Vincent and the Grenadines, March 04, 2025 (GLOBE NEWSWIRE) —

    Changelly, an instant cryptocurrency exchange platform, launches an exclusive campaign offering a US$50 welcome bonus to cover service fees for crypto swaps to all new mobile app users throughout March 2025.

    New users who download and install the Changelly mobile app between March 4 and March 31, 2025, will automatically receive a US$50 welcome bonus. They can apply this credit toward service fees across crypto-to-crypto swaps for 30 days after downloading the app. This allows users to take advantage of Changelly’s comprehensive cryptocurrency exchange features with a significantly reduced barrier to entry.

    The initiative comes at a time of increasing global adoption and follows Changelly’s recent enhancements designed to improve user experience and security. The instant cryptocurrency exchange platform recently redesigned its app and website to offer a more comprehensive interface, simplified the user experience while creating transactions, and improved navigation across over 1,000 coins available for swaps across 185 blockchain networks.

    How to Claim a $50 Welcome Bonus for Service Fees
    To get started swapping crypto with a US$50 welcome bonus, new users need to:

    1. Download the Changelly app via this link throughout March 2025
    2. Launch the app and receive an exclusive in-app welcome bonus of US$50 valid for 30 days
    3. Proceed to the exchange tab and spend the credit on service fees swapping crypto 

    “This welcome bonus campaign reflects our mission to democratize access to cryptocurrency exchange and ownership,” said Zifa Mae, Head of Product at Changelly. “By eliminating initial fee concerns, we’re empowering more individuals to participate in the digital economy with confidence and get access to Web3 services on the go with the Changelly mobile app.”

    Users can learn more about this welcome bonus campaign and read the terms and conditions here.

    About Changelly
    Changelly is a global instant crypto exchange platform serving over 7 million users worldwide. Founded in 2015, Changelly offers safe and fast crypto-to-crypto and fiat-to-crypto exchanges of over 1,000 crypto coins across 185 blockchains with 24/7 live customer support. As a CeDeFi ecosystem, Changelly provides its 600+ partners with instant exchange and fiat on-/off-ramp APIs, a platform for listings, and a DEX aggregator for decentralized swaps. Changelly is available on the desktop (website), iOS (App Store), and Android (Google Play).

    Contact

    Head of Marketing & PR
    Ashley Vancouver
    Changelly
    pr@changelly.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d9c31242-7702-4543-888a-a2a770f2f543

    The MIL Network –

  • MIL-OSI Global: Another US funding cut threatens human rights in North Korea – and hands more power to a dictator

    Source: The Conversation – Global Perspectives – By Danielle Chubb, Associate Professor of International Relations, Deakin University

    Shutterstock

    This week, the United Nations Special Rapporteur on human rights in North Korea issued an appeal to the international community. She expressed concern about the future of civil society work on North Korean human rights.

    The cause for alarm is a sudden freeze on the funds of the National Endowment for Democracy (NED)- a US nongovernmental organisation.

    One major beneficiary of funds from the NED are groups documenting and helping to stop human rights abuses in North Korea.

    The funding halt threatens to damage further the lives of people living under one of the world’s most egregious authoritarian regimes.

    What is the NED?

    The NED is a US institution with a long history in its foreign policy, described as a “bastion of Republican internationalism”. Established by an act of Congress, it was signed into law by President Ronald Reagan in 1983.

    With bipartisan support, the NED is squarely based on core Republican values of spreading democracy through the world. It supports the work of nongovernmental organisations in more than 100 countries every year.

    While it is unclear why Elon Musk, in his role in the Department of Government Efficiency, has suddenly taken aim at this institution, the consequences of cutting off funding overnight are easy to see.

    One result is the likely end of decades-long work on North Korean human rights.

    How this affects North Korea

    One of the groups hit hard by this funding freeze is the Citizens’ Alliance for North Korean Human Rights. The original single-issue North Korean human rights organisation, it’s now planning to shut its doors.

    Without NED funding, it says it cannot cover its running costs, such as paying the rent or staff salaries.

    It also can’t continue its important work investigating and documenting human rights abuses suffered by North Korean people.

    The Citizens’ Alliance is just one of many groups, most of which are based in South Korea, that rely on the NED for their work.

    The political environment in South Korea is uncertain and precarious for North Korean human rights activists. Despite efforts to diversify funding sources over many decades, there are few other options.

    I have studied this question in-depth and over two decades. It’s a problem that cannot be overcome overnight, or even in the medium term, as it’s so deeply embedded, both politically and socially.

    In the absence of funding opportunities in South Korea, Seoul-based groups must look abroad.

    Yet many of the international support schemes available exist to fund in-country democratisation and human rights efforts.

    The authoritarian regime in North Korea is so complete that no active, open civil society efforts can safely take place. The movement relies entirely on transnational activism and so doesn’t neatly fit into existing funding schemes.

    On top of this, the funding freeze comes at a particularly bad time, with South Korea in a state of political turmoil. In the wake of the President Yoon Suk-yeol’s impeachment following his declaration of martial law, it is unclear what the future of the limited number of existing initiatives will be.

    Putting North Korea in the spotlight

    For a long time, the plight of those suffering human rights abuses inside the secretive country was not well known to the outside world.

    For decades, civil society groups built coalitions, gathered information, wrote reports, compiled databases, held public awareness-raising events, and lobbied politicians at all different levels. They then succeeded in bringing about the 2014 UN Commission of Inquiry into North Korean Human Rights.

    This inquiry, chaired by Australia’s Michael Kirby, has been the definitive document on North Korean human rights for more than ten years.

    Its findings of gross violations of human rights inside the country have formed the evidentiary basis for international action on North Korean human rights. Examples of the report’s findings include:

    • the use of political prison camps, torture, executions and other sorts of arbitrary detention to suppress real or perceived political dissent

    • an almost complete denial of the right to freedom of thought, conscience and religion and association

    • the use of access to food as a means of control over the population.

    Non-profit North Korean human rights groups remain at the centre of this work. Having succeeded in putting the issue squarely on the international agenda, they continue to press for greater attention on the human rights situation from the international community.

    The groups relying on NED funding do a wide range of work. They support North Koreans living in South Korea and elsewhere abroad. Some provide support to formally record human rights abuses, helping build a robust database of testimony from survivors.

    Others back in-country accounts from underground North Korean journalists, and more still do myriad other advocacy, support and accountability work.

    But now this work could all end more suddenly than anyone could have expected.

    More power to a dictator

    The Database Center for North Korean Human Rights has paused all but its most urgent programs and launched an appeal for donations. Executive Director Hannah Song has described the situation as a crisis of “a massive and sudden cut to funding that threatens the crucial work of those on the frontlines”.

    Sokeel Park, the leader of another nongovernmental group working in this space, described it as “by far the biggest crisis facing NGOs working on this issue since the start of the movement in the 1990s”.

    This is no exaggeration. The North Korean human rights movement has had an outsized effect on the international community’s awareness and understanding of how the North Korean government maintains order and represses dissent.

    So who wins out of this? North Korea’s Supreme Leader and dictator, Kim Jong-un.

    Back in 2018, US President Donald Trump’s State of the Union address centred on the human rights violations suffered by the North Korean people at the hands of the authoritarian regime. Trump declared:

    we need only look at the depraved character of the North Korean regime to understand the nature of the nuclear threat it could pose.

    Now, by effectively silencing the government’s most vocal critics, the Trump administration appears to be giving breathing room to one of the world’s most atrocious authoritarian regimes.

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

    – ref. Another US funding cut threatens human rights in North Korea – and hands more power to a dictator – https://theconversation.com/another-us-funding-cut-threatens-human-rights-in-north-korea-and-hands-more-power-to-a-dictator-251239

    MIL OSI – Global Reports –

  • MIL-OSI Africa: Maps showing China’s growing influence in Africa distort reality – but some risks are real

    Source: The Conversation – Africa – By Brendon J. Cannon, Associate Professor, Khalifa University

    Global power dynamics in Africa are shifting, with China eclipsing the influence of the US and France. China has become Africa’s single largest trading partner.

    In response, media and policymakers in traditionally dominant states are increasingly using maps drenched in red or stamped with Chinese flags to depict Beijing’s expanding footprint. One map reproduced by a US congressional committee, for instance, showed Beijing’s influence and reach across the continent in red stripes.

    But these visuals oversimplify a complex reality. This is an issue I explore in a new study. For over a decade, I have researched the interactions of sub-Saharan Africa with other states like Turkey, Arab Gulf states, Japan and China.

    In a recent paper I explored the use of maps that have been created of Africa showing China’s projects across the continent. I argue that, by overlaying Chinese flags on maps depicting Africa and its 54 states, media and policymakers turn economic ties into a visual representation of foreign encroachment.

    This process is called securitisation – the framing of something as a threat, even if it’s not one.

    This visual securitisation not only heightens fears of dependency but also primes certain audiences – in the US, Japan and France, for instance – to view China’s presence as a direct challenge to their interests.

    Certain threats – like terrorist groups or nuclear weapons – are self-evident. China’s presence in many African states, however, is different: if it’s a threat, who is threatened and why? Do Chinese-built roads or railways – and the debt African states accrue for this infrastructure – constitute the threat?

    My research shows that the answer to these questions is: it depends.

    Portraying China’s presence in Africa with flags on maps can distort African states’ sovereignty and their power to make decisions based on national interests. This visual portrayal reduces these countries to arenas of global power competition. It fails to recognise them as strategic actors.

    China tops imports to African states

    Illustration of China’s economic influence in 2021 drenched in red and drawn from media, think tanks and related literature. Author’s composite map illustrates securitisation of China in Africa. Brendon J. Cannon

    On the other hand, my research shows that China’s role may not be entirely benign.

    My study focuses mostly on east Africa, to include the Horn of Africa. Much of Beijing’s engagement here remains primarily economic (as it does in west, central and southern Africa). However, China’s growing control over critical infrastructure and digital networks, and its pursuit of military footholds near strategic maritime routes, present real security concerns.

    Policymakers need to separate legitimate risks from exaggerated securitisation narratives. This would help them avoid the pitfalls of reactionary policies.

    Negative consequences

    Presenting China as a threat in Africa has three negative consequences.

    First, it erodes the idea and reality of African sovereignty and agency. Maps portraying Africa as overrun by China suggest that governments and civil society are mere bystanders unable to negotiate their own foreign and domestic agendas.

    The reality is that countries like Kenya actively engage with China to attract investments for development projects, and to balance their relations with other international actors like the US and Japan.

    The result of securitisation is that American or Japanese policymakers, for instance, have begun to view Africa through the lens of their strategic competition with China. This is evident in Washington’s foreign policy rhetoric, for example. This increasingly frames African states not just as partners but also as strategic battlegrounds in the growing US-China rivalry. The risk is that African countries may start being treated as passive players.

    Second, securitisation inflates the perception of China as a global security threat.

    The repeated use of maps with Chinese flags covering ports, railways and industrial zones creates an exaggerated image of unchecked expansion. These maps fail to show the host of other external states operating on the continent.

    The US, multiple European states, Japan, India, Russia, Turkey, the United Arab Emirates and South Korea all have significant interests in Africa. While China is by far the largest, most prominent external actor, with the widest reach throughout Africa, it’s been singled out because of the perceived threats its presence in Africa may pose to the west.

    Third, securitisation can lead to knee-jerk reactions to limit China’s presence rather than engage constructively with Beijing’s investments in Africa. These reactions can result in ill-advised attempts by China’s competitors to push projects that don’t correspond to the needs of African states. This partly explains Ethiopia’s strained relations with the west. Sanctions and aid cuts over the Tigray conflict fuelled a pivot toward China and Russia.

    The security risks

    Securitisation raises valid concerns, but my research also underscores genuine security risks related to China’s presence in Africa. These shouldn’t be overlooked.

    China’s growing role and embeddedness in Africa’s digital ecosystem presents a double-edged sword, for instance. Huawei and other Chinese companies have contributed to Africa’s telecommunications and digital transformation. But these investments also increase Beijing’s potential influence over data security, cyber governance and information flows. These give China the option to exploit networks for surveillance, intelligence gathering or political coercion.

    Chinese-funded, built or operated infrastructure, ports and military bases

    A depiction of China’s infrastructure influence in 2023 from media, think tanks and related literature. Author’s composite map illustrates securitisation of China in Africa. Brendon J. Cannon

    China’s expanding control over dual-use infrastructure is another concern. Chinese-operated ports in Djibouti, for instance, can be used for commercial and military purposes. They potentially grant Beijing a strategic foothold in key maritime corridors, such as the Red Sea. China could restrict access to these ports in times of conflict. Or use them to extend its naval footprint, similar to what it’s done in the South China Sea.

    It’s China’s pursuit of other military facilities beyond its bases in Djibouti that will have the most serious implications for African states’ sovereignty. This is part of a deliberate Chinese strategy to expand its global power projection and protect access to critical resources like oil and gas.

    Agreements on military facilities may end up undermining and even challenging African agency of action. The addition of Chinese ships and soldiers alongside the growing presence of US, European, Indian, Japanese and other regional naval forces could escalate tensions. It also risks entangling African states in power rivalries that aren’t in their national interests.

    China’s presence in Africa has been securitised through maps drenched in red and stamped with flags, framing its engagement as a looming threat rather than a complex geopolitical reality. However, the real challenge for African states is ensuring that China’s growing influence – especially in infrastructure, digital networks, and security – does not erode their sovereignty. Whether Beijing’s presence becomes an opportunity or a liability will depend on how effectively African governments assert their national interests in shaping these partnerships on their own terms.

    – Maps showing China’s growing influence in Africa distort reality – but some risks are real
    – https://theconversation.com/maps-showing-chinas-growing-influence-in-africa-distort-reality-but-some-risks-are-real-249454

    MIL OSI Africa –

  • MIL-OSI Europe: Bundesbank proposes debt brake reform for sound public finances and increased investment

    Source: Deutsche Bundesbank in English

    The Bundesbank is expanding its reform proposals for central government’s debt brake, laying out a stability-oriented path towards increased government investment. It is thus presenting a concept that supports the necessary measures to strengthen infrastructure and defence whilst ensuring sustainable public finances over the long term, in line with European rules. At the same time, it maintains its position that debt brakes enshrined in Germany’s Basic Law make an indispensable contribution to sustainable public finances over the long term. “With regard to the debt ratio, Germany is doing well by international standards. Our reform proposal for the debt brake preserves sound public finances whilst at the same time facilitating urgently needed investment,” Bundesbank President Joachim Nagel said. 
    The Bundesbank’s latest Monthly Report outlines the detailed concept, which builds on proposals it presented back in 2022. Advising the Federal Government on issues of monetary policy importance is part of the Bundesbank’s statutory mandate.
    Its reform proposal is centred on the 60% reference value enshrined in the EU Treaties becoming the touchstone of the debt brake. Under this proposal, central and state governments (the latter by means of investment grants) would be able to invest up to an additional debt-financed €220 billion in total up to 2030, provided that the debt ratio is below 60%. Should the debt ratio exceed 60%, this amount would be capped at around €100 billion up to 2030. The reform proposals do not replace the need to rethink consumption expenditure, though. “A stability-oriented reform of the debt brake would create additional scope for major investment, such as in infrastructure and defence,” Mr Nagel continued.
    In concrete terms, the proposal envisages increasing central government’s scope for borrowing from 0.35% to a maximum of 1.4% of gross domestic product (GDP) if the debt ratio is below the 60% mark. This scope would comprise 0.5% of GDP as a “low-debt base” that would not be earmarked for any particular purpose, and a further 0.9% of GDP for the sole purpose of additional investment. Part of this investment component would be intended for grants to state and local governments, which account for the majority of fixed asset formation. 
    If the debt ratio were to exceed the 60% mark, the 0.9% investment component would remain, but the 0.5% “base” would no longer be available. “This would reward a debt ratio of below 60% whilst at the same time creating planning certainty for investment,” Mr Nagel explained.
    Similar scope for borrowing and investment protection could also be provided by a special fund that could be temporary or limited in terms of volume. “We would prefer a fundamental reform of the debt brake that affords better predictability, but a special fund with comparable financial parameters would also be an option,” Mr Nagel continued.

    MIL OSI

    MIL OSI Europe News –

  • MIL-OSI Russia: A series of events dedicated to friendship with China: a SUM teacher will conduct a lecture course at Tsinghua University

    Translartion. Region: Russians Fedetion –

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

    From March 3 to May 30, 2025, Oleg Timofeev, a senior researcher at the Center for Socioeconomic and Political Research of China at the National University of Management, will visit this Chinese university at the invitation of the leadership of Tsinghua University (PRC) to deliver a lecture course in Chinese on “Security and International Order in Eurasia” (欧亚安全秩序) at the doctoral department.

    It should be noted that on April 26, 2019, Russian President Vladimir Putin became an honorary doctor of Tsinghua University, where Chinese President Xi Jinping once studied. The rector of the higher educational institution, Qi Yong, personally presented the diploma to the head of the Russian state.

    Founded in 1911, Tsinghua University has consistently ranked 1st or 2nd in the National University Rankings of China and is one of the world’s leading universities and a symbol of China’s economic and scientific progress.

    Oleg Timofeev’s trip to China is part of a series of thematic events at the State University of Management, held in pursuance of the order of the President of the Russian Federation Vladimir Putin to hold the Years of Russia-China Culture in 2024-2025 with the aim of developing Russian-Chinese relations and expanding bilateral ties in the field of culture.

    The complex of events dedicated to relations with the PRC also includes the electronic exhibition “Academic Dialogue: Russia and China in the University Space”. The exhibition is addressed to everyone interested in the history and culture of China. Particular attention is paid to the culture of management in history, higher education, politics and the digital economy, as well as socio-cultural phenomena, institutions and social practices of Russia and China. Monographs and textbooks are presented. Publications from the collection of the Scientific Library of the State University of Management were used in creating the exhibition. The author of the exhibition is chief librarian Elena Novikova.

    ACADEMIC DIALOGUE_RUSSIA AND CHINA IN THE UNIVERSITY SPACE

    Let us recall that at the end of last year, the 4th volume of the book “Xi Jinping on Public Administration” was presented in Russian at the State University of Management. Also, a round table on the development of artificial intelligence in China was held the other day, at which the above-mentioned book by the leader of the PRC was presented to those present again.

    Subscribe to the TG channel “Our GUU” Date of publication: 03/04/2025

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

    MIL OSI Russia News –

  • MIL-OSI: Ushur Launches AI Agent for Member Service to Unlock Faster, More Equitable Access to Healthcare Information

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif., March 04, 2025 (GLOBE NEWSWIRE) — Ushur, a leader in Customer Experience Automation (CXA), today introduced its AI Agent for Member Service, the first-of-its-kind solution purpose-built to revolutionize health plan support. Powered by generative and agentic AI, this solution analyzes data, makes informed decisions and guides members to fast, seamless resolutions. By automating requests with empathetic, real-time assistance, Ushur’s AI Agent empowers health plans to scale service delivery while ensuring more equitable access to care.

    With increasing demand for healthcare services and a shortage of resources, health plans are struggling to meet the needs of their members. In fact, despite digital investments, call centers remain inundated with only 25% of members and patients actively engaging with portals and apps, according to the National Institute of Health. Ushur’s AI Agent bridges this gap by offering fast, accurate, and empathetic responses, ensuring that members can access the support they need—at any time—without burdening already overworked customer support teams.

    Health plans benefit from Ushur’s AI Agent in multiple ways, including:

    • Faster Resolutions: Automates common tasks–like benefits explanations, ID card replacements and Primary Care Physician updates–reducing turnaround times and operational costs.
    • Scalable Support: Manages 24×7 demand and peak periods like open enrollment without requiring additional staff.
    • Enhanced Member Satisfaction: Provides clear, accurate and empathetic responses that improve satisfaction and experience scores.
    • Proactive Engagement: Automates two-way updates for appointments, benefits information and claims progress to reduce member frustration and employee burden.
    • Compliance Adherence: Fully HIPAA-compliant with secure handling of sensitive data, ensuring peace of mind for both health plans and members.

    “In our work with highly regulated industries, we recognize the critical importance of innovation rooted in security and trust,” shares Simha Sadasiva, Co-Founder and CEO of Ushur. “Ushur’s AI Agent that we developed is tailored with healthcare-specific guardrails, ensuring compliance and protecting customer data. These safeguards empower health plans to deliver round-the-clock personalized assistance to their members, achieving unprecedented levels of intelligence and efficiency.”

    Powered by Ushur’s Customer Experience Automation™ platform, Ushur’s AI Agent seamlessly supports health plans to deliver intelligent, compliant, and empathetic member interactions.

    • Healthcare-Specific Intelligence: Finely tuned Large Language Models (LLMs) and knowledge graphs ensure precise, policy-driven responses tailored to payer-specific language.
    • Adaptive Decision Making: A powerful reasoning engine analyzes data from CRMs, enterprise knowledge bases, and other sources to extract insights, determine the best course of action, and dynamically refine recommendations in real time.
    • Goal-Based Task Completion: Integrates with third-party applications and downstream systems, enabling proactive member support and streamlined resolutions.
    • Multimodal & Omni-Channel Engagement: Enhances interactions with dynamic elements like geo-location maps and file attachments, while seamlessly transitioning conversations across preferred digital channels, from text and email to voice and web portals.
    • Empathetic, Context-Aware Conversations: Built-in safeguards handle sensitive topics with care, escalating issues to human resources when needed while simplifying complex healthcare information to a 6th-grade reading level.
    • Privacy, Accessibility & Compliance: Adheres to HIPAA, the Affordable Care Act (ACA), and other regulations to protect Private Health Information (PHI), while supporting multiple languages, including English, Spanish, Chinese, Vietnamese, Korean, and Portuguese.

    Ushur is revolutionizing customer engagement for highly regulated industries with secure, empathetic and AI-driven solutions at scale. The AI Agent for Member Service embodies Ushur’s mission to enhance healthcare access and transform customer experiences for both businesses and the people they serve.

    To see how Ushur’s AI Agent can help you provide faster, more equitable care, please visit www.ushur.com or contact us at anthony@scribewise.com.

    About Ushur
    Ushur delivers the world’s first Customer Experience Automation platform built specifically for regulated industries. Purpose-built for delivering ideal self-service, Ushur infuses intelligence into digital experiences for the most delightful and impactful customer engagements. Equipped with guardrails and compliance-ready infrastructure, Ushur powers vertical AI Agents for healthcare, financial services and insurance use cases. Designed for rapid code-less deployment with flexible, advanced capabilities for IT and business teams, enterprises can transform customer and employee journeys at scale, driving faster time-to-value and improved outcomes.

    The MIL Network –

  • MIL-OSI: Ken Garff’s 70 Automotive Dealerships Set New Industry Standard with Point Predictive’s BorrowerCheck™ to Combat Rising Auto Lending Fraud

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, March 04, 2025 (GLOBE NEWSWIRE) — Point Predictive, the leader in risk solutions for dealerships and consumer lending today announced that Ken Garff Automotive Group, one of the nation’s largest automotive retailers, has selected BorrowerCheck™ to protect its 70 dealerships from the rising tide of loan fraud and costly lender pushbacks of loans. The decision follows a successful six-month pilot program where the solution identified significant instances of hidden fraud and misrepresentation that traditional red flag tools missed.

    With auto lending fraud reaching $8 billion last year, dealers face mounting challenges from sophisticated identity theft schemes and income misrepresentation. Lenders are increasingly pushing back fraudulent loans to dealers, creating substantial financial risk. Ken Garff’s implementation of BorrowerCheck represents a strategic move to protect its dealerships while streamlining the car-buying process for legitimate customers.

    Ken Garff dealers will benefit from BorrowerCheck in several ways:

    • Prevent pushbacks by detecting over 90% of fraud traditional red flag reports miss.
    • Detect all types of fraud including identity, income, and employment misrepresentation.
    • Activate 100% seamless integration requiring no change to existing processes.

    “The automotive retail landscape is evolving rapidly, and so are the fraud risks our dealers face,” said Brett Hopkins, CEO of Ken Garff Automotive Group. “By partnering with Point Predictive, we’re not just protecting our bottom line, we’re ensuring our customers have a seamless, secure car-buying experience while safeguarding our relationships with lending partners. When our dealerships identify a single instance of fraud with BorrowerCheck it delivers a significant Return on Investment”.

    The implementation of BorrowerCheck requires no operational changes for dealerships, seamlessly integrating into existing workflow and process while providing more comprehensive protection against identity, income, and employment fraud.

    “The automotive industry is moving beyond outdated red flag solutions that generate excessive false positives and miss sophisticated fraud schemes,” said Tim Grace, CEO of Point Predictive. “By leveraging our proprietary database and technology, BorrowerCheck helps dealerships like Ken Garff identify fraud that traditional tools miss and that often leads to costly loan pushbacks. Our modern approach doesn’t just catch more fraud – it makes the entire process significantly faster and more effective, replacing cumbersome 15-minute authentication surveys with 90-second verifications. This is the future of fraud prevention and customer satisfaction at dealerships.”

    The pilot program revealed BorrowerCheck’s ability to detect sophisticated fraud schemes that traditional red flag solutions missed. The system’s comprehensive approach draws on Point Predictive’s proprietary data repository, which includes intelligence from over 250 million historical loan applications, historical information on over 93 million unique identities, insights on more than 23 million employers and 300 million historically reported incomes.

    The solution will be rolled out across all 70 Ken Garff dealerships in the coming months, representing one of the largest implementations of BorrowerCheck in the automotive retail sector.

    For more information, contact info@pointpredictive.com.

    About Point Predictive

    Point Predictive powers a new level of lending confidence and speed through artificial intelligence, powerful data insight from our proprietary data repository, and decades of risk management expertise. The company’s data and technology solutions quickly and accurately identify truthful and untruthful disclosures on loan applications. As a result, lenders can fund the majority of loans without requiring onerous documentation from consumers, such as pay stubs, utility bills, or bank statements, improving funding rates while reducing early payment default losses. Subsequently, borrowers get loans faster, and lenders realize a more profitable bottom line.

    About Ken Garff Automotive Group

    Ken Garff Automotive Group is one of the largest privately-held automotive retailer groups in the United States, with 70 dealerships across multiple states. Founded in 1932, Ken Garff has built its reputation on a commitment to treat customers and employees with respect while maintaining the highest standards of integrity in automotive retail. The company’s success is driven by its mission to create lifetime customers through exceptional experiences.

    Media Contact

    Jill Robb
    jrobb@pointpredictive.com

    The MIL Network –

  • MIL-OSI: Swipesum Partners with Facility Ally to Redefine Payment Solutions for Eatertainment Venues and Sports Facilities

    Source: GlobeNewswire (MIL-OSI)

    ST. LOUIS, March 04, 2025 (GLOBE NEWSWIRE) — Swipesum, a leading payment processing consultancy and merchant services company, announced today its partnership with Facility Ally, a premier provider of business solutions for sports and entertainment facilities. Together, Swipesum and Facility Ally have launched AllyPay, an embedded payments solution that streamlines transactions and customer support and improves financial management for eatertainment venues, sports clubs, and facility management organizations.

    Through AllyPay, Facility Ally customers will now have access to a more seamless and efficient payment processing experience backed by Swipesum’s industry expertise. Key features of AllyPay include:

    • Optimized Transaction Processing: In addition to providing higher-level payment security, Swipesum will use its proprietary auditing software, Staitment, to negotiate lower payment processing fees and transaction costs with facility operators.
    • Real-Time Chargeback Notifications and Support: Proactively addresses disputes to save time and reduce manual workloads.
    • White Glove Support: Offers access to Swipesum’s team of payments experts with a dedicated support team that provides personalized guidance, expert insights and tailored solutions that improve efficiency.
    • Next-Day Funding: Offers an expedited funding timeline, allowing businesses to access their revenue as soon as the next day.

    Beyond payment processing, Facility Ally delivers comprehensive business solutions that support every aspect of facility operations. In addition to scheduling, resource management, and consulting, Facility Ally’s dedicated media agency provides branding, website development, SEO, and marketing services tailored for sports and eatertainment venues. With the rise of membership-based and social sports clubs—including the 18,000 new pickleball courts added in 2024—sports facilities increasingly rely on recurring payment systems, reinforcing the need for robust chargeback support and optimized payment solutions.

    “Swipesum is thrilled to leverage our embedded payments expertise in partnership with Facility Ally’s cutting-edge solution,” said Michael Seaman, founder and CEO of Swipesum. “Our goal with AllyPay is to equip facility managers with efficient tools that streamline operations, reduce costs, and deliver a seamless payment experience for their clients while increasing the revenues from payment processing for Facility Ally.”

    With AllyPay, facilities gain access to an embedded payment gateway with additional features like QuickBooks syncing, detailed sales tracking reports and enhanced security features. These tools help eliminate manual work and errors, accelerate payment cycles, and create a seamless, user-friendly payment experience for facility members and visitors.

    “Partnering with Swipesum to launch AllyPay allows us to provide unparalleled value to our clients,” said Luke Wade, founder and CEO of Facility Ally. “By offering a specialized payment solution tailored to our industry, we’re empowering our customers to streamline their financial processes and focus on what matters most.”

    To learn more about Facility Ally and AllyPay, visit https://facilityally.com/allypay. To learn more about Swipesum visit www.swipesum.com.

    About Swipesum
    Swipesum is a comprehensive credit card processing company and merchant services consultancy delivering innovative auditing solutions to businesses nationwide. Swipesum acts as a company’s Chief Payments Officer, combining industry knowledge, AI and proprietary software to create a transparent payments strategy that optimizes payment processing fees. The team of expert consultants provides 24/7 assistance and continued monitoring to return the budgetary power back to the business owner. Visit www.swipesum.com for more information.

    About Facility Ally
    Facility Ally is a turnkey business solution designed for sports and entertainment facilities, offering everything you need to launch and manage your venue seamlessly. From simplified booking software to a dedicated media agency for branding, website development, and SEO, Facility Ally ensures your new facility is set up for success. Their expert consulting services provide the guidance needed to plan, strategize, and execute a successful facility launch with confidence. With over 15 years of experience and a proven track record of successful implementations, Facility Ally delivers the tools and expertise to streamline operations and enhance customer experiences. For more information, visit https://facilityally.com.

    Media Contact
    Kalie Griffin
    Uproar by Moburst for Swipesum
    kalie.griffin@moburst.com

    The MIL Network –

  • MIL-OSI United Kingdom: Lowry celebrates 25 years of culture in Salford

    Source: City of Salford

    As Lowry marks its 25th anniversary, Salford City Council is proud to join the celebrations and acknowledge the extraordinary impact this iconic cultural institution has had on the city. From its pivotal role in the regeneration of Salford Quays to its outstanding artistic and community achievements, Lowry continues to be a driving force for culture, creativity, and economic growth.

    The anniversary programme – packed with familiar names including Quentin Blake, Jeanette Winterson, and Aakash Odedra, theatre productions Gods of Salford and Dear England, immersive gallery experience LOWRY 360, alongside a brand new mural commissioned with French multi-disciplinary artist, Camille Walala – reflects Lowry’s influence on culture and the local community, one that Salford City Council wholeheartedly support and celebrate. 

    Since opening in April 2000, Lowry has welcomed over 18.5 million visitors, generating an annual £86 million in visitor spending and supporting over 600 jobs. More than just an arts centre, Lowry has played a fundamental role in transforming Salford Quays into a dynamic cultural hub.

    Paul Dennett, Salford City Mayor, highlighted the significance of Lowry in shaping the city’s future:

    “Lowry is a force for good in Salford and was a vital catalyst for the regeneration of the area. It is a place that is first and foremost for the people. It’s wonderful to reflect on the past 25 years – Lowry has not only brought world-class arts and theatre to the Quays but has also been instrumental in fostering community engagement, supporting young people, and strengthening our creative economy. It supports over 600 jobs, including 576 full-time jobs in the North West and 649 across the UK, demonstrating its critical role in the regional and national economy. It has contributed to a £1.3 billion GVA, acting as a foundational anchor for the development of MediaCityUK and positioning Salford as a major centre for arts, culture, and digital industries.

    Happy birthday Lowry, I look forward supporting your next exciting chapter!”

    Councillor Hannah Robinson-Smith, Lead Member for Culture, Heritage, Equalities, Sports and Leisure, echoed this sentiment, praising Lowry’s impact across generations:

    “Lowry is a cultural institution that has had an immense positive influence on communities across Salford. It has provided access to arts and culture for thousands of residents and continues to inspire new generations with its diverse and exciting programme. Its achievements to date are truly remarkable. Happy birthday, Lowry!”

    Findings from Lowry’s 2024 impact report reaffirm its invaluable contribution, with an estimated £22 million in social value generated annually. Lowry’s community outreach initiatives, including its Arts for Social Change programme and partnerships with local schools, continue to break down barriers and make the arts accessible to all.

    For further details on the anniversary programme, visit www.visitsalford.info/Lowry25 

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    Date published
    Tuesday 4 March 2025

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    MIL OSI United Kingdom –

  • MIL-OSI: Primech AI Launches Global Robotics as a Service (RaaS) Initiative with Chinachem Group Partnership

    Source: GlobeNewswire (MIL-OSI)


    Pioneering AI-Powered Cleaning Technology Deployment Marks Strategic Expansion into Hong Kong Market

    SINGAPORE, March 04, 2025 (GLOBE NEWSWIRE) — Primech AI Pte. Ltd. (“Primech AI”) or (the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), is proud to announce the launch of its innovative Robotics as a Service (RaaS) business line, revolutionizing the cleaning solutions industry. This strategic initiative addresses critical industry challenges including labor shortages, hygiene standards, and operational costs through proprietary AI-driven technology.

    As part of this global expansion strategy, Primech AI has signed a Memorandum of Understanding (MoU) with CCG Property Services, a subsidiary of Hong Kong’s leading property developer Chinachem Group, to deploy HYTRON, an AI-powered fully automated toilet cleaning robot, in selected facilities managed by CCG Property Services in Hong Kong.

    Figure 1: Nina Tower 1 in Hong Kong, where Primech AI’s HYTRON will be deployed.

    The deployment of HYTRON marks the initial phase of Primech AI’s bold initiative to roll out 300 cleaning robots across Singapore, Hong Kong, and Dubai. This expansion reinforces the company’s position as a technology leader in autonomous cleaning solutions for facility services and sanitation.

    “This collaboration marks a significant milestone in our global expansion of our Robotics as a Service solution,” said Charles Ng, Chief Operating Officer of Primech AI. “While our cleaning services continue to serve the Singapore market, we are extending the Raas business model making it accessible internationally, beginning with this strategic partnership in Hong Kong’s premier property portfolio.”

    Under the two-year MoU, Primech AI will supply and install HYTRON robots in designated facilities, including the iconic Nina Tower 1, with comprehensive maintenance, technical support, and staff training. CCG Property Services will integrate the robots into daily operations, showcasing HYTRON’s capabilities in elevating cleanliness standards and operational efficiency.

    Primech AI envisions a long-term expansion of HYTRON into additional global markets, including Australia, Europe, and the United States, bringing cutting-edge cleaning solutions to more regions worldwide. Beyond this initial deployment, the company also plans to extend its Robotics-as-a-Service (RaaS) offering to these markets, further enhancing accessibility of its advanced cleaning technology on a global scale.

    “Beyond advancing automation in the traditional cleaning industry, this deployment marks a significant milestone for Primech Holdings Limited. It demonstrates our ability to expand internationally and provide cutting-edge cleaning solutions across borders. By working with esteemed partners like Chinachem Group and CCG Property Services, we are proving that our technology is not only effective but also scalable on a global level. This is just the beginning of our vision to redefine commercial cleaning through AI and robotics.” said Kin Wai Ho, CEO of Primech Holdings Limited. This initiative underscores Primech Holdings’ commitment to transforming the cleaning industry through advanced technology while expanding its global footprint beyond its traditional Singapore base.

    Primech AI’s self-developed HYTRON bathroom cleaning robot is integrated with advanced NVIDIA technology. The latest HYTRON model incorporated the NVIDIA Jetson Orin Nano Super, a state-of-the-art System-on-Module (SoM) designed for robust edge AI and robotics applications. The HYTRON robot also uses a suite of NVIDIA software, including CUDA, CuDNN, TensorRT, and NVIDIA Driver, to optimize its AI capabilities.  This combination of hardware and software allows HYTRON to deliver superior processing speed, efficiency, and reliability in its cleaning tasks.

    About Chinachem Group

    Founded in 1960, Chinachem Group is a private real estate company in Hong Kong, with a portfolio covering residential, commercial, retail and industrial buildings for sales and investment, in addition to operating hotels and property management services as well as elderly services.

    Dedicated to making better places to live, work and raise future generations in Hong Kong and beyond, the Group seeks to deliver lasting commercial, social and environmental benefits.

    Please visit www.chinachemgroup.com/en

    About Primech Holdings Limited
    Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.   

    About Primech AI

    Primech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visit www.primech.ai.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

    Company Contact:

    Email: ir@primech.com.sg

    Investor Relations Contact:
     
    Matthew Abenante, IRC
    President   
    Strategic Investor Relations, LLC
    Tel: 347-947-2093
    Email: matthew@strategic-ir.com

    The MIL Network –

  • MIL-OSI: Spartan Capital Securities, LLC Serves as Co-Placement Agent in Healthcare Triangle, Inc.’s $15.2 Million Private Placement

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, March 04, 2025 (GLOBE NEWSWIRE) — Spartan Capital Securities, LLC, a premier investment banking firm, is pleased to announce the successful completion of a $15.2 million private placement for Healthcare Triangle, Inc. (Nasdaq: HCTI). Spartan Capital Securities, LLC acted as Co-Placement Agent in this private offering, supporting Healthcare Triangle’s continued expansion and digital transformation initiatives in the healthcare and life sciences industries.

    The proceeds from this offering will fund strategic acquisitions, general corporate purposes, and working capital needs, further advancing Healthcare Triangle’s mission to deliver cutting-edge cloud enablement, cybersecurity, and data analytics solutions.

    Spartan Capital Securities played a pivotal role in placing $14,200,000 of the private placement, reinforcing its strong position in the investment banking sector.

    “We are honored to serve as Co-Placement Agent in this private placement for Healthcare Triangle,” said John Lowry, CEO of Spartan Capital Securities. “Healthcare Triangle is at the forefront of digital innovation in healthcare and life sciences, and this successful transaction reflects both the strength of their vision and Spartan Capital’s dedication to facilitating meaningful investment opportunities. We look forward to supporting Healthcare Triangle’s continued growth and success.”

    RBW Capital Partners LLC (a division of Dawson James Securities, Inc.) and Spartan Capital Securities, LLC served as Co-Placement Agents for the offering. Sichenzia Ross Ference Carmel LLP acted as placement agent counsel, while Manatt, Phelps & Phillips, LLP served as counsel to Healthcare Triangle, Inc.

    The common stock, pre-funded warrants, series A warrants, series B warrants, and the common stock issuable upon the conversion of these securities have not been registered under the Securities Act of 1933, as amended, or any state securities laws. Until registered, these securities may not be offered or sold in the United States or any state absent registration or an applicable exemption from registration requirements.

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

    About Spartan Capital Securities, LLC

    Spartan Capital Securities, LLC is a premier full-service investment banking firm offering a comprehensive range of advisory services to institutional clients and high-net-worth individuals. Known for its expertise in capital raising, strategic advisory, and asset management, Spartan Capital delivers tailored solutions to meet clients’ financial goals.

    For more information about Spartan Capital Securities, visit www.spartancapital.com.

    Contact: Spartan Capital Securities, LLC 45 Broadway, 19th Floor New York, NY 10006 investmentbanking@spartancapital.com

    The MIL Network –

  • MIL-OSI: ZeroFox to Sponsor, Exhibit and Present at FS-ISAC Americas 2025 Spring Summit

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON, March 04, 2025 (GLOBE NEWSWIRE) — ZeroFox, the leader in external cybersecurity, will sponsor, exhibit, and present at the FS-ISAC 2025 Americas Spring Summit. Conference attendees can visit ZeroFox at Booth #15, and join Chief Technology Officer Mike Price on March 10 from 2:00 PM – 2:45 PM local time, for a presentation on how artificial intelligence (AI) avatars are reshaping the future of cyber operations.

    As financial institutions face increasingly sophisticated digital threats, the role of AI in both attack and defense continues to evolve. Organizations must adapt their security strategies to address emerging challenges, including AI-powered attacks, sophisticated impersonation schemes, automated fraud campaigns, and coordinated cyber threats targeting financial infrastructure. Backed by experts who understand specific risks to financial services institutions, and with over a decade of cybersecurity SaaS experience, ZeroFox is the trusted leader in protecting these enterprise digital landscapes through Digital Risk Protection (DRP), seamlessly integrated with Threat Intelligence (TI) and External Attack Surface Management (EASM) capabilities.

    “The integration of AI into cyber operations represents both a significant challenge and opportunity for financial institutions,” said Mike Price, Chief Technology Officer at ZeroFox. “As these technologies advance, understanding how AI avatars will impact the threat landscape is crucial for developing effective defense strategies. I look forward to sharing insights with the financial services community about preparing for this next evolution in cybersecurity.”

    Representatives from ZeroFox will be available at Booth #15 to discuss the company’s comprehensive external cybersecurity platform and advantages for financial institutions, including:

    • Reduce Attack Surface Exposure and Mitigate Digital Risk: Use ZeroFox’s dedicated digital risk protection products and services, to identify and stop financial fraud, risks, and targeted attacks before they impact your business, customers, partners, and employees.
    • Automate Manual Processes to Augment Security Teams: Advanced automation and analyst-vetted intelligence scours trillions of potentially malicious accounts and posts, reducing the time-intensive process of data collection, analysis, context, and remediation.
    • Understand IoCs and TTPs: Apply expert-vetted, actionable threat intelligence to proactively identify how attackers bypass traditional security perimeter controls and execute targeted attacks against financial services institutions at scale.
    • Protect Customers from Financial Crime: Rapidly identify and stop cybercriminals from exploiting customers’ digital presence, with automated disruption services and in-house takedowns of fraudulent content, accounts, domains, and communications.
    • Avoid Costly Compliance Violations: Automatically enforce policies for all employees and executives across external digital communication and social media platforms to ensure regulatory compliance with PCI DSS, FFIEC, FINRA, and more.
    • Safeguard Key Personnel: Identify and take down fraudulent social media accounts, impersonations, or malicious content targeting your executives and VIPs. Ensure protection from physical threats at home or on-the-go.

    Visit ZeroFox at Booth #15 to learn more. For all media inquiries related to ZeroFox, or to schedule a meeting during the FS-ISAC Americas 2025 Spring Summit, please email press@zerofox.com.

    About ZeroFox
    ZeroFox is the trusted leader with over a decade of cybersecurity SaaS expertise protecting enterprise digital landscapes—where business operations, customers, and threat actors converge. Through its AI-powered Digital Risk Protection (DRP) solutions, seamlessly integrated with Threat Intelligence (TI) and External Attack Surface Management (EASM) capabilities, ZeroFox empowers organizations to proactively monitor, detect, and disrupt emergent threats by cyber attackers targeting their brands, domains, and people. With ZeroFox, organizations can achieve deeper threat contextualization, faster detection and response times, and longer-term cost savings by anticipating, understanding, and mitigating external digital threats at scale. Join thousands of customers, including the largest public sector organizations and leaders in finance, media, technology, retail, and healthcare, to stay ahead of adversaries and manage the full lifecycle of external cyber risks. ZeroFox and the ZeroFox logo are trademarks or registered trademarks of ZeroFox, Inc. and/or its affiliates in the U.S. and other countries. Visit zerofox.com for more information.

    Media Inquiries
    Maisie Guzi, ZeroFox
    press@zerofox.com

    The MIL Network –

  • MIL-OSI: ASAPP Appoints Priya Vijayarajendran as CEO

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) — ASAPP, the leading provider of AI-powered contact center software, today appointed Priya Vijayarajendran to the position of CEO. As ASAPP’s former CTO and president of technology, Vijayarajendran brings three decades of AI and software leadership at global enterprises including Microsoft, IBM and SAP.

    “Our goal at ASAPP is clear – to be the industry leader in AI for contact centers,” said Priya Vijayarajendran, CEO of ASAPP. “Achieving our goal means advancing our best-in-class products, and helping our customers quickly realize the measurable economic and goodwill value of our offerings. ASAPP is uniquely positioned with the talent, domain expertise, technology, and momentum to make our goal a reality, and I’m proud to lead our unmatched team.”

    “At ASAPP we find ourselves in the midst of the greatest tech revolution of our time, and we are reimagining what customer experience can be like, enabled by generative artificial intelligence,” said Frank Slootman, a member of the ASAPP board of directors. “Under Priya’s leadership, we have a real shot at totally transforming the economics, quality and monetization of AI-enabled CX. We are rapidly advancing features with our customers, and it takes ASAPP’s driven, inspired and customer-obsessed team to make that happen!”

    ASAPP’s products are inspired by large, enterprise, data-rich problems in customer service, and ASAPP’s AI solutions go beyond basic automation to redefine the role of AI in solving industry specific customer challenges. ASAPP’s new GenerativeAgent autonomously and safely resolves complex customer service interactions, and integrates with a company’s historical customer data. GenerativeAgent supports a wide variety of APIs, native integration and advanced authentications, which enables fast deployment and instant value creation.

    “ASAPP provides the industry’s leading agentic AI system for enterprise contact centers,” said James Montgomery, chairman of March Capital and a member of the ASAPP board of directors. ASAPP’s GenerativeAgent handles high volumes of interactions with speed and accuracy. The result frees up human agents to focus on complex issues that require personal interaction, and ultimately improves customer satisfaction and operational efficiency. Contact centers are obvious applications for AI in the enterprise. ASAPP brings their vision to reality – today – for many of the world’s leading companies in the airline, communications, and financial services sectors – while ensuring sophisticated data safety and privacy standards.”

    ASAPP has received numerous industry awards and its leadership in customer experience was recognized by Forrester. It named ASAPP as a leader in The Forrester Wave™: Digital Customer Interaction Solutions, Q2 2024 report. In addition, ASAPP was recognized as a leading vendor in Forrester’s The Conversation Intelligence Solutions for Contact Centers Landscape, Q1 2025 report.

    Helpful links

    About ASAPP
    ASAPP is an AI solution provider committed to solving the toughest problems in customer service. Because we automate what was previously impossible to automate, our AI-nativeⓇsolutions deliver more than efficiency gains. They redefine the role of AI in the contact center and lay the groundwork for businesses to reimagine their customer experience delivery in the age of AI. Leading enterprises rely on ASAPP’s generative and agentic AI solutions to dramatically expand contact center capacity and transform their contact centers from cost centers into value drivers. To learn more about ASAPP, visit www.asapp.com.

    Media Contact
    Amy McDowell
    Offleash PR for ASAPP
    asapp@offleashpr.com 

    The MIL Network –

  • MIL-OSI United Kingdom: Channel Islands Ministers visit Brussels04 March 2025 Channel Islands Ministers discussed the planned reset in relations between the EU and UK with senior EU and British diplomats during meetings in Brussels. The discussions took place on the sidelines… Read more

    Source: Channel Islands – Jersey

    04 March 2025

    Channel Islands Ministers discussed the planned reset in relations between the EU and UK with senior EU and British diplomats during meetings in Brussels. The discussions took place on the sidelines of a reception to mark the 15th anniversary of the Channel Islands’ Brussels Office. 

    The External Relations Ministers of Guernsey and Jersey, Deputy Jonathan Le Tocq and Deputy Ian Gorst, met with senior diplomats from France, the UK, Poland and Malta. Discussions also included the Islands’ relationship with France, their closest European neighbour, and promoted the Islands’ financial services interests, noting both Islands’ recent positive MONEYVAL assessments, as well as developments in sustainable finance.

    Ministers also drew attention to the significance of the Islands’ relationship with Europe and spoke to existing areas of cooperation with Member States. 

    Speaking after the visit, Jersey’s Minister for External Relations, Deputy Ian Gorst said: “It is more important than ever, post Brexit, to engage with representatives of European Member States. Direct engagement with the EU in Brussels is essential to ensure our interests are known and understood. I look forward to continuing to build on our discussions over the past days through the work of the Channel Islands Brussels Office.”

    Guernsey’s Minister for External Relations, Deputy Jonathan Le Tocq said: “The visit was a key opportunity to speak with representatives in Brussels and inform them of the interests of the Channel Islands. Regular engagement with EU partners is an essential part of our long-standing good neighbour policy. During these meetings I was pleased to discuss our financial services interests as well as noting the positive MONEYVAL assessment.” 

    The Ministers’ programme in Brussels included meetings with the Permanent Representatives (Ambassadors) to the EU of France and Malta, the Polish Political Counsellor, the UK Deputy Ambassador to the EU, the UK Ambassador to Belgium, and representatives of the Devolved Administrations and other Third Country offices in Brussels. 

    The Ministers hosted a reception for partners and stakeholders in Brussels to mark the 15th anniversary of the Channel Islands Brussels Office, the representative office for the governments of Guernsey and Jersey to the European Union. They were joined at this event by Jersey’s Director of Financial and Professional Services, Guernsey’s Director of Finance Sector Development, as well as representatives from Guernsey Finance and Jersey Finance who collectively promoted the Channel Islands’ financial services expertise to the European audience.​

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Time Matters – Russians Shift Savings to Long-Term Deposits

    Translartion. Region: Russians Fedetion –

    Sours: Mainfin Bank –

    How did the bank deposit market change at the beginning of 2025?

    Russians’ demand for long-term deposits began to grow in January 2025 – clients are trying to lock in a high rate for a long period. According to the Finuslugi platform for the first two months of the year:

    The share of deposits for 6 months decreased by 1.5 percentage points, amounting to 54% of the total volume of deposits – the term is still the most popular; the share of deposits for 3 months decreased by 1.3 percentage points – to 25.2%; the share of deposits for 1 month also fell – to 3.1%; the share of deposits for one year, on the contrary, increased by 3 percentage points – to 13.7%; deposits for a term of over one year also show a slight increase.

    The downward trend in bank deposit yields began after the February meeting of the Central Bank of the Russian Federation – the regulator left the key rate at 21%, which forced banks review the terms of savings instruments. The average maximum rate in the country’s largest banks has already fallen by 1.2%.

    What do banks think about changing deposit terms?

    At the same time, domestic banks do not record a single trend towards clients switching to long-term savings, although they allow for such dynamics in the coming months:

    V MTS Bank see an increase in the popularity of long-term deposits, but within 2%; Post Bank noted an increase in the popularity of deposits for a period of 9 months – their share grew by 30%; in the bank “Russian standard» noticed an increase in demand for long-term deposits – a strengthening trend is expected; VTB the growth in the share of deposits for one year or more increased by only 0.4 percentage points; no movement of funds to long-term deposits was recorded in T-bank And Absolut Bank.

    “Deposit rates in Russia are close to the peak level, since the key rate is not expected to increase. If the regulator decides to move to easing the monetary policy, the deposit structure will change – Russians will prefer to fix high yields,” the expert notes.

    However, the expectation of a reduction in the key rate may also lead to a revision of bank policies – financial institutions will refuse to attract funds for a long term, having reduced the profitability of such savings products in advance.

    15:50 04.03.2025

    Source:

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

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

    HTTPS: //Mainfin.ru/novosti/srok- Imeet-Knowledge-Russians-re-consuming-on-day-liners

    MIL OSI Russia News –

  • MIL-OSI: Alarum to Release Fourth Quarter and Full Year 2024 Results on March 20, 2025

    Source: GlobeNewswire (MIL-OSI)

    Conference call scheduled for Thursday, March 20, 2025, at 8:30 a.m. ET

    Tel Aviv, Israel, March 04, 2025 (GLOBE NEWSWIRE) — Alarum Technologies Ltd. (Nasdaq, TASE: ALAR), a global provider of web data collection solutions, will release its financial results for the fourth quarter and full year ended December 31, 2024, before the Nasdaq market opens on Thursday, March 20, 2025.

    Mr. Shachar Daniel, Chief Executive Officer, and Mr. Shai Avnit, Chief Financial Officer, will host a conference call on March 20, 2025, at 8:30 a.m. ET to discuss the financial results and business outlook, followed by a Q&A session.

    To join the live call, please dial one of the numbers below and connect five minutes before the call begins. Please note that participants will be asked to state their name and company upon joining the call. 

    If you are unable to connect via the toll-free numbers, please use the international dial-in number:
    US toll-free: 1-877-407-0789, international dial-in: +1 201 689 8562; Israel Toll Free: 1 809 406 247.

    Date: Thursday, March 20, 2025
    Time: 08:30 a.m. ET/05:30 a.m. PT/12:30 p.m. IL

    A replay of the call will be available after 11:30 a.m. ET on March 20, 2025, through 11:59 p.m. ET on April 20, 2025.

    To access the replay, visit the Company’s website at https://alarum.io/ or here.

    Replay Dial-In: 1-844-512-2921 or 1-412-317-6671. Access ID: 13751807

    About Alarum Technologies Ltd.

    Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) is a global provider of web data collection solutions. The solutions by NetNut, Alarum’s Enterprise Internet Access arm, are based on its world’s fastest and most advanced and secured hybrid proxy network, enabling its customers to collect data anonymously at any scale from any public sources over the web. Alarum’s network comprises both exit points based on its proprietary reflection technology and hundreds of servers located at its ISP partners around the world. The infrastructure is optimally designed to guarantee the privacy, quality, stability, and the speed of the service.

    For more information about Alarum, please visit www.alarum.io

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Alarum is using forward-looking statements in this press release when it discusses the timing of releasing financial results and the timing of the respective conference call. Because such statements deal with future events and are based on Alarum’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Alarum could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Alarum’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 14, 2024, and in any subsequent filings with the SEC. Except as otherwise required by law, Alarum undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.    

    INVESTOR RELATIONS CONTACT:

    investors@alarum.io

    The MIL Network –

  • MIL-OSI: Reliance Global Group Schedules Fourth Quarter and Year Ended December 31, 2024 Financial Results and Business Update Conference Call

    Source: GlobeNewswire (MIL-OSI)

    Lakewood, NJ, March 04, 2025 (GLOBE NEWSWIRE) — Reliance Global Group, Inc. (NASDAQ: RELI) (“Reliance” or the “Company”), announced today that it will host a conference call Thursday, March 6, 2025, at 4:30 PM Eastern Time to discuss financial results for the fourth quarter and year ended December 31, 2024 and provide a business update.

    The conference call will be available via telephone by dialing toll-free +1 888-506-0062 for U.S. callers or +1 973-528-0011 for international callers and entering access code 522829. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2381/52132 or on the investor relations section of the Company’s website, https://relianceglobalgroup.com/events-and-presentations/.

    A webcast replay will be available on the investor relations section of the Company’s website at https://relianceglobalgroup.com/events-and-presentations/ through March 6, 2026. A telephone replay of the call will be available approximately one hour following the call, through March 20, 2025, and can be accessed by dialing +1 877-481-4010 for U.S. callers or +1 919-882-2331 for international callers and entering access code 52132.

    About Reliance Global Group, Inc.

    Reliance Global Group, Inc. (NASDAQ: RELI) is an InsurTech pioneer, leveraging artificial intelligence (AI), and cloud-based technologies, to transform and improve efficiencies in the insurance agency/brokerage industry. The Company’s business-to-business InsurTech platform, RELI Exchange, provides independent insurance agencies an entire suite of business development tools, enabling them to effectively compete with large-scale national insurance agencies, whilst reducing back-office cost and burden. The Company’s business-to-consumer platform, 5minuteinsure.com, utilizes AI and data mining, to provide competitive online insurance quotes within minutes to everyday consumers seeking to purchase auto, home, and life insurance. In addition, the Company operates its own portfolio of select retail “brick and mortar” insurance agencies which are leaders and pioneers in their respective regions throughout the United States, offering a wide variety of insurance products. Further information about the Company can be found at https://www.relianceglobalgroup.com.

    Contact:
    Crescendo Communications, LLC
    Tel: +1 (212) 671-1020
    Email: RELI@crescendo-ir.com

    The MIL Network –

  • MIL-OSI: Great Elm Capital Corp. (“GECC”) Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH GARDENS, Fla., March 04, 2025 (GLOBE NEWSWIRE) — Great Elm Capital Corp. (the “Company” or “GECC”), (NASDAQ: GECC), a business development company, today announced it will release its financial results for the fourth quarter and full year ended December 31, 2024 after the close of market trading on Monday, March 10, 2025, and discuss these results in a conference call on Tuesday, March 11, 2025 at 8:30 a.m. ET.

    Date/Time: Tuesday, March 11, 2025 – 8:30 a.m. ET
        
    Participant Dial-In Numbers:  
    (United States): (877) 407-0789
    (International): (201) 689-8562
       

    To access the call, please dial-in approximately five minutes before the start time and, when asked, provide the operator with passcode “GECC”. An accompanying slide presentation will be available in pdf format via the “Events and Presentations” section of Great Elm Capital Corp.’s website here after the issuance of the earnings release.

    Webcast
    The call and presentation will also be simultaneously webcast over the internet via the “Events and Presentations” section of GECC’s website or by clicking on the webcast link here.

    About Great Elm Capital Corp.
    GECC is an externally managed business development company that seeks to generate current income and capital appreciation by investing in debt and income generating equity securities, including investments in specialty finance businesses and CLOs. For additional information, please visit http://www.greatelmcc.com.

    Media & Investor Contact:
    Investor Relations
    investorrelations@greatelmcap.com

    Source: Great Elm Capital Corp.

    The MIL Network –

  • MIL-OSI: Sky Quarry Appoints Energy Industry Veteran Todd Palin to Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    Brings Energy Production and Operational Expertise to Advance Waste-to-Energy Mission and Strategic Growth

    WOODS CROSS, Utah, March 04, 2025 (GLOBE NEWSWIRE) — Sky Quarry Inc. (NASDAQ: SKYQ) (“Sky Quarry” or “the Company”), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, today announced the appointment of Todd Palin to the Company’s Board of Directors.

    Mr. Todd Palin brings nearly two decades of hands-on experience in energy production and operational oversight. From Big Lake, Alaska, Mr. Palin is a seasoned Alaskan businessman, champion snowmachine racer, and former First Gentleman of Alaska. Mr. Palin brings a wealth of experience in energy production, resource management and public service.

    Energy Sector Experience

    Todd Palin brings 15 years of industry experience from his tenure with BP in Alaska’s North Slope oil fields. As a facility production operator, Todd’s job duties included all phases of production, getting crude to spec, prior to its transfer to the Trans-Alaska Pipeline System (TAPS) at pump station 1. His expertise in energy production, coupled with his firsthand understanding of Alaska’s unique resource challenges, positions him as a strong advocate for innovative approaches to harmonize traditional energy practices with green advancements.

    Commitment to Sustainability and Alaskan Communities

    In addition to his work in North Slope oil production, Mr. Palin is a fourth-generation commercial fisherman in Bristol Bay, reflecting his enduring commitment to Alaska’s natural resources and sustainable practices. His deep ties to his Alaska Native heritage and local communities provide a unique perspective on the importance of balancing environmental stewardship with economic development.

    Champion Snowmachine Racer

    Beyond his contributions to the energy sector, Todd Palin is a four-time champion of the Iron Dog Race, the world’s longest snowmachine race. The race traces the path of the Iditarod, with an additional route North of the Arctic Circle, totaling 2,500 miles, making it a grueling test of endurance and skill. 

    Mr. Palin has competed in the Iron Dog snowmachine race since 1993, demonstrating his commitment to the sport and his ability to persevere through some of the harshest conditions in Alaska. His team’s first win in the race took place in 1995 with additional wins in 2000, 2002 and 2007. 

    “Mr. Palin’s appointment comes at a crucial time as California faces ongoing refinery disruptions that threaten fuel supply stability,” said David Sealock, CEO of Sky Quarry. “His deep expertise in energy markets and production infrastructure, particularly on the West Coast, will be instrumental as Sky Quarry ramps up production at its Nevada refinery in 2025. His strong commitment to operational efficiency and regulatory compliance will be invaluable in advancing our mission to accelerate the transition to sustainable energy solutions, and enhancing national energy security.”

    “I’m excited to join Sky Quarry and work with the Sky Quarry team to further evolve the Company’s waste energy portfolio,” said Todd Palin. “Sky Quarry’s innovative approach goes beyond addressing immediate energy challenges; it’s about creating sustainable solutions that benefit both the environment and the communities we serve. I’m eager to apply my experience in energy production, resource management, and public service to help drive the company’s growth and contribute to its mission of transforming waste into valuable resources.”

    About Sky Quarry Inc.

    Sky Quarry Inc. (NASDAQ: SKYQ) and its subsidiaries are, collectively, an oil production, refining, and a development-stage environmental remediation company formed to deploy technologies to facilitate the recycling of waste asphalt shingles and remediation of oil-saturated sands and soils. Our waste-to-energy mission is to repurpose and upcycle millions of tons of asphalt shingle waste, diverting them from landfills. By doing so, we can contribute to improved waste management, promote resource efficiency, conserve natural resources, and reduce environmental impact. For more information, please visit skyquarry.com.

    Forward-Looking Statements

    This press release may include “forward-looking statements.” All statements pertaining to our future financial and/or operating results, future events, or future developments may constitute forward-looking statements. The statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project,” or words of similar meaning. Such statements are based on the current expectations and certain assumptions of our management, of which many are beyond our control. These are subject to a number of risks, uncertainties, and factors, including but not limited to those described in our disclosures. Should one or more of these risks or uncertainties materialize or should underlying expectations not occur or assumptions prove incorrect, actual results, performance, or our achievements may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. We neither intend, nor assume any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. You are urged to carefully review and consider any cautionary statements and the Company’s other disclosures, including the statements made under the heading “Risk Factors” and elsewhere in the Company’s Form 1-A offering statement filed with the SEC. Forward-looking statements speak only as of the date of the document in which they are contained.

    Investor Relations
    Chris Tyson
    Executive Vice President
    MZ Group – MZ North America
    949-491-8235
    SKYQ@mzgroup.us
    www.mzgroup.us

    Corporate Contact
    Jennifer Standley
    Director of Investor Relations
    Ir@skyquarry.com

    Company Website
    www.skyquarry.com

    The MIL Network –

  • MIL-OSI: Phunware Appoints Quyen Du to Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    25-Year Corporate Strategy & Development Executive at Fortune 500 Consumer Brands to Advance Company’s New Strategic Growth Initiatives

    AUSTIN, Texas, March 04, 2025 (GLOBE NEWSWIRE) — Phunware, Inc. (“Phunware” or the “Company”) (NASDAQ: PHUN), a leader in enterprise cloud solutions for mobile applications, announced today the appointment of Quyen Du to its Board of Directors as an independent director, effective February 28, 2025. Ms. Du will also serve on the Company’s Audit, Compensation and Nominating and Corporate Governance Committees.

    Ms. Du brings 25 years’ experience in strategy and corporate development to the Company. Based in Texas, she is a recognized leader in finance, media and entertainment, recently serving as Head of Corporate Strategy & Development, Innovations and Research for Condé Nast (NYC). Ms. Du adds a depth of experience working in a wide range of roles across corporate strategy, finance and investments, business development, distribution and partnerships. Her previous experience includes her work for Fandom, Inc., one of the world’s largest entertainment fan community platforms, where she led corporate development and was responsible for driving acquisitive growth opportunities. Ms. Du also held various executive positions at NBC Universal, where she worked on transformative M&A deals, corporate digital strategy and new market entry initiatives, including across digital native, streaming, commerce, data, gaming and audio. She has also held a studio distribution planning position at Disney and a business development role at Showtime.

    Ms. Du will serve as a Class III director and is filling a seat vacated in October 2024 as a result of the resignation of our then CEO Michael Snavely.

    “Quyen has an impressive record of guiding strategic growth and adds tremendous insight to our Board across investments, M&A and new business development,” said interim CEO Stephen Chen. “The combined business and product strategy experience of our full Board today is a fundamental asset in guiding Phunware into the future. The Board and I welcome Quyen and look forward to together driving high growth revenue and profitability for our company and investors.”

    Phunware Business Update on Nasdaq Delisting Notification

    Ms. Du’s appointment is expected to satisfy Nasdaq Stock Market LLC (“Nasdaq”) continued listing requirements for audit committee service. The appointment of Ms. Du is also intended to facilitate planning of Phunware’s 2024 Annual Shareholder Meeting at which the Class III Director seat is to be filled. Nasdaq cited Phunware for non-compliance with continued listing rules due to its failure to hold an annual stockholders’ meeting prior to fiscal year ended December 31, 2024. The Company in February submitted a compliance plan to Nasdaq setting forth steps it intends to take to address the issue, including nomination or Ms. Du for formal election to serve as the Class III director.

    About Phunware

    Phunware, Inc. (NASDAQ: PHUN) is an enterprise software company specializing in mobile app solutions with integrated intelligent capabilities. We provide businesses with the tools to create, implement, and manage custom mobile applications, analytics, digital advertising, and location-based services. Phunware is transforming mobile engagement by delivering scalable, personalized, and data-driven mobile app experiences.

    Phunware’s mission is to achieve unparalleled connectivity and monetization through the widespread adoption of Phunware mobile technologies, leveraging brands, consumers, partners, digital asset holders, and market participants. Phunware is poised to expand its software products and services audience through its new Generative AI platform, utilize and monetize its patents and other intellectual property, and reintroduce its digital asset ecosystem for existing holders and new market participants.

    For more information on Phunware, please visit www.phunware.com. To better understand and leverage generative AI and Phunware’s mobile app technologies, visit ai.phunware.com.

    Safe Harbor / Forward-Looking Statements

    This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” and similar expressions are intended to identify forward-looking statements. For example, Phunware is using forward-looking statements when it discusses the adoption and impact of emerging technologies and their use across mobile engagement platforms.

    The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us. These forward-looking statements involve risks, uncertainties, and other assumptions that may cause actual results to differ materially from those expressed or implied. These risks and uncertainties include, but are not limited to, those factors described under the heading “Risk Factors” in our filings with the SEC. We undertake no obligation to update any forward-looking statements.

    By their nature, forward-looking statements involve risks and uncertainties. We caution you that forward-looking statements are not guarantees of future performance and that our actual results may differ materially from those expressed or implied by these forward-looking statements.

    Investor Relations Contact:

    Chris Tyson, Executive Vice President
    MZ Group – MZ North America
    949-491-8235
    PHUN@mzgroup.us
    www.mzgroup.us

    Phunware Media Contact:

    Joe McGurk, Managing Director
    917-259-6895
    PHUN@mzgroup.us

    The MIL Network –

  • MIL-OSI: Verb to Acquire AI Social Selling Startup LyveCom

    Source: GlobeNewswire (MIL-OSI)

    LOS ALAMITOS, Calif., March 04, 2025 (GLOBE NEWSWIRE) — Verb Technology Company, Inc. (Nasdaq: VERB) (“VERB” or the “Company”), the technology company behind MARKET.live, a leading livestream social shopping platform, and GO FUND YOURSELF!, a TV show and innovative new platform disrupting the crowd funding industry, today announces that it has executed a binding term sheet to acquire LyveCom, a cutting-edge AI-driven video commerce platform. The transaction is subject to certain terms and conditions, including completion of an audit of Lyvecom’s financial statements, which terms and conditions are set forth in detail in the Form 8-K filed by the Company today.

    While the transaction is expected to close within the next 60 days, if not sooner, Phase 1 of the integration of Lyvecom’s technology is complete and the new MARKET.live officially launches TODAY.

    Management contends that this transaction should not be underestimated. The integration of LyveCom’s AI-driven technology into VERB’s MARKET.live now allows brands and merchants to deliver an omnichannel livestream shopping experience to their customers. Brands and merchants will not only engage their client and customers on the newly updated and refreshed MARKET.live site, but also seamlessly across their own websites, mobile apps, and social platforms, all while leveraging AI-powered video content automation and personalized shopping experiences.

    This proprietary technology embeds livestreams and shoppable videos directly onto merchant websites without impact on site speed, while simultaneously aggregating and repurposing content from TikTok, Instagram, and YouTube into interactive shopping experiences, allowing brands to engage customers without constant content production.

    A Transformative Step for MARKET.live and the Livestream Shopping Industry
    The new MARKET.live will introduce game-changing innovations, including:

    • One-Click Simulcasting: Instantly scale the broadcast of live shopping events across MARKET.live, TikTok Shop, Shopify’s Shop App, and other social sites, including the merchant’s own e-commerce sites, maximizing audience reach and engagement, while maintaining checkout and unified inventory management and control across all of the merchant’s social sites and platforms.
    • AI-Driven Video Commerce: Advanced AI capabilities will power real-time user-generated-content creation, automated video content repurposing, and AI-powered virtual live shopping hosts.
    • Frictionless Merchant Integration: Frictionless, self-serve onboarding for merchants, enabling millions of Shopify merchants to adopt live and shoppable video with a simple 3-click integration, making livestream shopping capabilities more accessible and useable than ever.
    • New Strategic Partnerships: New and expanded strategic partnerships with Tapcart, Shopify Shop App, Klaviyo, Recharge, and agency networks will expand MARKET.live’s footprint into mobile commerce and high-growth DTC brands.
    • Real-Time Data & Analytics: An intelligent analytics hub will provide in-depth insights into shopper behavior, enabling merchants to refine strategies and boost conversions.

    “The future of commerce is video-first, and this acquisition accelerates that future,” said Maxwell Drut, Co-Founder and CEO of LyveCom and incoming Chief Technology Officer at MARKET.live. “By combining LyveCom’s cutting-edge AI-powered video commerce technology with VERB’s expansive market reach, we are creating one of the most advanced, omnichannel video shopping ecosystems in the U.S. Together, we’re not just enabling brands to sell through video — we’re redefining how consumers discover, engage, and shop in a content-driven world.”

    “Unlike closed marketplaces like Amazon Live and TikTok Shop, MARKET.live + LyveCom offers brands full control over their audience, content, and conversions while leveraging AI to automate and optimize video commerce. This is a paradigm shift in digital retail, empowering brands to sell smarter, faster, and more profitably than ever before. And with over 4 million Shopify merchants actively seeking AI-driven solutions, we believe that the addition of LyveCom’s AI technology, VERB’s MARKET.live is positioned for explosive growth and recurring revenue expansion.”

    “This deal brings together LyveCom’s innovative AI driven video commerce solutions with VERB’s resources and expertise,” said Kevin Gould, founder and CEO of Kombo Ventures and early Lyvecom investor. “I’m incredibly proud that Kombo Ventures helped incubate Lyvecom, and I’m energized by the shared vision to rapidly create the market leader in AI-driven social shopping.”

    Experience the New MARKET.live Interface
    Customers, brands, and retailers can now explore the fully modernized MARKET.live interface at www.MARKET.live. The revamped platform not only aligns seamlessly with the latest trends in social selling, video commerce, and livestream shopping, providing an immersive and interactive shopping experience unlike any other, but also establishes the new paradigm we believe other ecommerce platforms will strive to emulate.

    Comprehensive Go-To-Market Strategy & Client Onboarding 
    With a well-defined and proven go-to-market strategy, as will be evidenced in VERB’s forthcoming Form 10-K filing, VERB’s MARKET.live is set to onboard an additional extensive list of clients, including top agency partners and direct-to-consumer brands. The acquisition strengthens MARKET.live’s ability to cater to a diverse range of businesses, from independent Shopify sellers to enterprise-level brands, ensuring a seamless and scalable transition into AI-powered social commerce.

    Positioning VERB’ MARKET.live as an Industry Leader 
    The completion of this acquisition will establish VERB’s MARKET.live as a definitive leader in livestream and AI-powered social commerce. Unlike competitors that operate within closed marketplaces, MARKET.live will offer a truly integrated, multi-platform solution that:

    • Expands e-commerce opportunities beyond a single channel, increasing brand exposure and sales potential.
    • Unlocks access to Shopify’s vast network of over 4 million merchants looking for AI-powered video commerce solutions.
    • Automates video content production and personalization at scale, driving efficiency and engagement for brands of all sizes.

    Additional features include:

    • AI-Generated Video UGC: A proprietary AI model trained on tens of thousands of video commerce interactions that will automate content creation for brands.
    • AI-Powered: Blending AI-driven personalization, automation, and omnichannel reach, bringing massive 24/7 global scalability to live shopping experiences, MARKET.live will turn video engagement into revenue.
    • AI-Powered Predictive Analytics and Automated Shoppable Content: Intelligent tools designed to optimize merchandising strategies and increase conversion rates.

    “This strategic acquisition underscores VERB’s commitment to constant and continuing innovation, as we seek to shape the future of social commerce and ultimately dominate the landscape,” said Rory J. Cutaia, CEO of VERB. “The addition of LyveCom’s AI-driven video commerce capabilities to the new MARKET.live will offer an unparalleled shopping experience that bridges brands, marketplaces, and social platforms — ensuring that consumers can engage and shop wherever they are.”

    The Future of AI-Powered Livestream Shopping – Here’s What’s Coming 
    This transaction and the work our combined teams have undertaken over the past 9 months has paved the way for our upcoming launch of yet more next generation social commerce capabilities, including:

    • AI Avatar Live Shopping Hosts: This new proprietary technology, already trained on tens of thousands of video commerce videos, has paved the way for the launch of real time AI Avatar hosts, virtually indistinguishable from human hosts, capable of real-time audience engagement.

    According to an October 2024 report published by The Business Research Company, the global social commerce industry is anticipated to experience rapid growth and is projected to surpass $1.29 trillion by 2028 at a CAGR of 13.7%.1 The Company believes that AI-powered social selling is among the fastest-growing segments in e-commerce today.

    With this acquisition, VERB is setting a new industry standard for interactive video-based social commerce, with the goal of ensuring that MARKET.live is the dominant force in this space and the go-to platform for brands looking to future-proof their business with AI-powered video commerce.

    About VERB Technology Company 
    Verb Technology Company, Inc. (NASDAQ: VERB), is the innovative force behind interactive video-based social commerce. The Company’s MARKET.live platform is a multi-vendor, livestream social shopping destination at the forefront of the convergence of ecommerce and entertainment, where brands, retailers, creators, and influencers engage their customers, clients, fans, and followers across multiple social media channels simultaneously. GO FUND YOURSELF!, is a revolutionary interactive social crowd funding platform for public and private companies seeking broad-based exposure across social media channels for their crowd-funded Regulation CF and Regulation A offerings. The platform combines a ground-breaking interactive TV show with MARKET.live’s back-end capabilities allowing viewers to tap, scan or click on their screen to facilitate an investment, in real time, as they watch companies presenting before the show’s panel of “Titans”. Presenting companies that sell consumer products are able to offer their products directly to viewers during the show in real time through shoppable onscreen icons. The Company is headquartered in Las Vegas, NV and operates full-service production and creator studios in Los Alamitos, California.

    FORWARD-LOOKING STATEMENTS  
    This communication contains “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties and include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance, or achievements including the following statements; the transaction closing within the next 60 days, if not sooner; the integration of LyveCom’s AI-driven technology into VERB’s MARKET.live allowing brands and merchants to deliver an omnichannel livestream shopping experience to their customers; the new MARKET.live introducing game-changing innovations; the combination of LyveCom’s cutting-edge AI-powered video commerce technology with Verb’s expansive market reach, creating one of the most advanced, omnichannel video shopping ecosystem in the U.S., redefining how consumers discover, engage, and shop in a content-driven world; the revamped platform establishing the new paradigm other ecommerce platforms will strive to emulate; the completion of the acquisition establishing VERB’s MARKET.live as a definitive leader in livestream and AI-powered social commerce; MARKET.live will offering a truly integrated, multi-platform solution; the addition of LyveCom’s AI-driven video commerce capabilities to the new MARKET.live offering an unparalleled shopping experience that bridges brands, marketplaces, and social platforms — ensuring that consumers can engage and shop wherever they are and ensuring MARKET.live remains the go-to platform for brands looking to future-proof their business with AI-powered video commerce. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the ability to satisfy the closing conditions and consummate the acquisition; the ability of VERB to derive the benefits anticipated from the acquisition including becoming a leader in livestream and AI-powered social commerce and those identified in our filings with the Securities and Exchange Commission (the “SEC”), including our annual, quarterly and current reports filed with the SEC and the risk factors included in our annual report on Form 10-K filed with the SEC on April 1, 2024. Any forward-looking statement made by us herein is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement whether as a result of new information, future developments or otherwise.

    Investor Relations:
    investors@verb.tech

    1https://www.einpresswire.com/article/754813834/social-commerce-global-market-2024-to-reach-1291-47-billion-by-2028-at-rate-of-13-7

    The MIL Network –

  • MIL-OSI Europe: ASIA/CAMBODIA – Apostolic Prefect Figaredo: a border wall is not the solution to the fight against human trafficking

    Source: Agenzia Fides – MIL OSI

    Foto di Sagar Rana su Unsplash

    Battambang (Agenzia Fides) – The Thai government has announced that it will study the feasibility of building a wall along the border with Cambodia to prevent illegal border crossings. According to the Bangkok government, the wall is intended to combat the human trafficking network that supplies the so-called “scam centers” in Thailand, i.e. the “fraudulent call centers” located both in Thailand (for example on the border with Myanmar) and in Cambodia, just across the border with Thailand.The Thai government intends to step up its efforts against criminal organizations involved in human trafficking, forced slavery, large-scale financial fraud, but also in drug trafficking and the smuggling of goods. According to the United Nations, in recent years hundreds of thousands of people, lured by job advertisements, have been kidnapped by these criminal gangs and held in slavery in “scam cities”.”The problem exists and it is serious,” says Jesuit Father Enrique Figaredo Alvargonzález, who has lived and worked in Cambodia for 40 years as a Spanish missionary and is Apostolic Prefect of Battambang, the province on the border between Cambodia and Thailand, in an interview with Fides. “Human trafficking is a scourge that must be fought with all available means, and this is also done through the cooperation and network of civil society.” “However,” continues the Apostolic Prefect, “the project of a wall seems rather unrealistic, considering the permeability of the border and the thousands of Cambodian workers, especially young people, who have emigrated to Thailand from the province of Battambang.” “Today, there are many villages in our province that are unfortunately empty because young people migrate to Thailand to do the menial jobs that Thai workers do not want to do,” he says. “But a wall is certainly not the right solution: such problems are addressed through dialogue and cooperation between governments at all levels and also through fruitful cooperation with non-governmental organizations and associations,” he notes. “Caritas in Cambodia is committed to the victims of human trafficking and strives to raise awareness among the population, in full agreement with the civil authorities,” stresses the Prefect. Thailand and Cambodia share a 817-kilometer border. In autumn 2024, the two neighboring countries opened a new border crossing in Sa Kaeo province, the so-called “Thai-Cambodian Friendship Bridge,” near the city of Poipet. They also extended the times for border crossings at the Chong Sa-ngam border (in Si Sa Ket province) to promote trade and tourism between the two nations, facilitate the cross-border transport of goods and intensify the exchange of people. (PA) (Agenzia Fides, 4/3/2025)
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    MIL OSI Europe News –