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Category: Economy

  • MIL-OSI USA: This Week in NJ – September 20th, 2024

    Source: US State of New Jersey

    Governor Murphy Announces $180 Million Awarded to Nonprofit Groups and Local Governments Through Lead Remediation and Abatement Program

    At the Governor’s Conference on Housing and Economic Development, Governor Murphy announced that his Administration will soon commit $180 million to nonprofit organizations and local governments across the state through the Department of Community Affairs’ (DCA) Lead Remediation and Abatement Program (LRAP). These funds help grantees conduct lead-safe repairs in homes where adults and children are exposed to lead-based paint. Once DCA obligates the final $40 million this month, it will have awarded all of the Murphy Administration’s historic investment made in the State Fiscal Year 2022 and 2023 budgets to address the threat of childhood lead poisoning.

    “We are providing grants to communities up and down our state — from Paterson to Vineland — so we can ensure that every one of our children is protected from the dangers of lead-based paint,” said Governor Phil Murphy. “This funding will directly benefit thousands of households and is a perfect example of how safe housing is at the heart of our Administration’s vision for making New Jersey the best place, anywhere in America, to raise a family.”

    “DCA is incredibly proud to administer a grant program that is protecting New Jersey’s families and children from the detrimental effects of lead poisoning,” said DCA Commissioner Jacquelyn A. Suárez. “By collaborating with nonprofit groups and local governments, we are providing residents with the information and financial assistance they need to live free of lead-based paint in their homes.”

    READ MORE

    Murphy Administration Announces Opening of Income-Based Charge Up+ EV Incentive

    Governor Phil Murphy and the New Jersey Board of Public Utilities (NJBPU)  announced the opening of Charge Up+, an additional income-based incentive of $2,000 available through the State’s Charge Up New Jersey electric vehicle (EV) incentive program. The announcement follows the launch of Year Five of Charge Up New Jersey in July 2024.

    “I’m thrilled to announce this additional step toward ensuring every New Jerseyan can choose clean transportation, regardless of their income,” said Governor Phil Murphy. “My administration continues to prioritize lowering emissions and improving air quality in our communities, no matter the zip code, by making EVs more affordable and accessible to all.”

    “Through the introduction of Charge Up+, the Murphy Administration is once again building upon the success of its highly popular EV incentive program,” said NJBPU President Christine Guhl-Sadovy. “Combined with the Charge Up base incentive and federal EV tax credit, this additional incentive will further expand the number of New Jersey families who can reap the environmental and economic benefits of clean transportation.”

    Through Year Five of the Charge Up New Jersey program, all eligible vehicles up to a Manufacturer’s Suggested Retail Price (MSRP) of $55,000 can receive a $2,000 base incentive. Residents can take advantage of this incentive directly at the car dealership or showroom and apply the incentive instantly to their purchase or lease at the point of sale. Charge Up New Jersey also offers a $250 rebate for the purchase and installation of a qualifying Level 2 charger through the In-Home EV Charger Incentive.

    The additional income-based incentive of $2,000 will be available to prequalified income-eligible applicants for a total of $4,000. Customers who are eligible for the Charge Up+ incentive must prequalify before visiting the dealership to ensure that the full $4,000 can be applied to their purchase or lease.

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    DCF Awards Funding to Expand Universal Home Visiting Initiative in New Jersey

    As part of the State’s efforts to expand Family Connects NJ — New Jersey’s universal nurse home visitation program — the Department of Children and Families (NJDCF) has awarded contracts to two partner-agencies to make free nurse visits available to every family with a newborn in an additional six counties. Beginning January 2025, this lifesaving program will continue in Cumberland, Essex, Gloucester, Mercer, and Middlesex Counties, and expand to Somerset, Sussex, Passaic, Hudson, Bergen, and Ocean Counties. 

    The law establishing a universal nurse home visitation program was signed by Governor Murphy in July 2021, making New Jersey the second state in the nation to advance a universal home visitation program specifically designed to support parents and families welcoming a newborn through childbirth, adoption, or foster care placement, as well as families that have experienced the tragedy of stillbirth or neonatal loss. Family Connects NJ is a key component to First Lady Tammy Murphy’s Nurture NJ initiative, which aims to make New Jersey the safest, most equitable state in the nation to deliver and raise a baby.

    Hypertensive pregnancy disorders are a leading cause of preventable pregnancy-related deaths in New Jersey, and the New Jersey Maternal Mortality Review Committee has found that the majority of pregnancy-related deaths occur postpartum. In fact, in March of this year, a total of 14% of nurse home visits—more than 1 in 10—resulted in a referral of a mother or an infant to the emergency room for follow-up on something that couldn’t wait for the regular checkup, with the most common reason being post-partum hypertension. This is critical since post-partum hypertension is a life-threatening complication commonly associated with stroke, heart failure, and kidney failure.

    In January, the program launched in five counties — Cumberland, Essex, Gloucester, Mercer and Middlesex.

    “Having a strong support system during the early days of parenthood is crucial. When new parents bring their baby home for the first time, it can be overwhelming. It takes a village to raise a child, and through Family Connects NJ, the State of New Jersey is committing to be part of that village while families adjust to life with a newborn,” said Governor Phil Murphy. “This innovative home visitation program raises the bar for postpartum care by ensuring both new mothers and their babies can access the care and resources they need. I’m pleased to see this successful, life-saving program expand into more New Jersey counties, enabling more families to benefit from critical support.”

    “Family Connects NJ is the most robust universal nurse home visitation program in the nation, providing the support new mothers need to ensure they and their families are healthy and thriving in the crucial weeks post birth,” said First Lady Tammy Murphy. “I am thrilled to continue our planned expansion of this vital program as we enter six additional counties starting in January.  Family Connects NJ will help cement New Jersey as the gold standard and the safest, most equitable place in the nation to deliver and raise a baby.”

    READ MORE

    MIL OSI USA News –

  • MIL-OSI Economics: 6 Things to Know About Taking Climate Action

    Source: Samsung

    Real talk – every one of us can make choices to tackle climate change and take better care of the environment. Whether it’s by reducing energy consumption or opting for eco-conscious products, small changes can add up to make a big difference. As part of our ongoing commitment to sustainability, Samsung is helping you make those choices easier with innovative technology designed to minimize your environmental impact.
    In this edition of our “Things to Know” series, we’re unveiling six essential tips to live more sustainably using Samsung technology—perfectly timed for Climate Week NYC. Let’s dive in:
    1. Use SmartThings Energy to Monitor & Reduce Consumption
    Ever wonder which appliance is using the most energy? SmartThings Energy in the SmartThings app will easily help you figure it out, so you can start trimming down your home’s carbon footprint (and your energy bill!). Plus, the app’s energy-saving tips and automated features make it an absolute breeze to take action and stay efficient—no guesswork required.
    Specifically, our AI Energy Mode power-saving feature can help you reduce energy consumption through real-time monitoring and AI-based energy-saving adjustments. For example, SmartThings Energy can notify you if your refrigerator door is left open, saving both energy and money. And if you’re in New York or California, you can even earn rewards for energy efficiency with SmartThings Flex Connect.
    2. Switch to ENERGY STAR Certified Appliances
    Samsung offers more ENERGY STAR® appliances than ever before, with 50% of eligible products1 earning the certification as of late 2024. Curious how much you could save? Switching to ENERGY STAR appliances could knock up to $450 off your energy bills each year! And here’s a fun fact: if every household in the U.S. used ENERGY STAR certified electric cooktops, we could prevent nearly 1.75 billion pounds of greenhouse gas emissions annually. How’s that for a win-win?
    In fact, Samsung is the first and only brand to earn SHEMS certification (Smart Home Energy Management Systems) by the U.S. Environmental Protection Agency (EPA) ENERGY STAR program. If you’re looking to minimize your carbon footprint and maximize your savings, head to Samsung.com for deals on some of our latest eco-innovations, including:
    Get a minimum $300 trade-in credit on any good condition smartphone when you buy a qualifying Certified Re-Newed device.2

    3. Cook Smarter with Induction Technology
    In case you missed it, the Inflation Reduction Act made history in 2022 as the biggest investment in climate and energy ever in the U.S., and Samsung is all in! Our Smart Induction Cooktop even snagged the title of the first in the industry to win the EPA Emerging Technology Award in 2021—because it’s not just about cooking; it’s about cutting energy use and lowering emissions, too.
    Fast forward to today, Samsung is proud to offer 11 induction cooking products, all ENERGY STAR certified. Plus, rebates through the Inflation Reduction Act can make upgrading to energy-efficient cooking appliances more affordable if available in your state.
    Not sure about induction cooking? Swing by Samsung 837 in the Meatpacking District on September 24 for a live demo by Chef Christian Petroni and a discussion moderated by Jaeki Cho with Chefs Esther Choi, Priyanka Naik and Eric Adjepong about the benefits of induction cooking. RSVP here.
    4. Trade-In & Trade Up for Sustainability
    More circularity, less waste, and a serious glow-up? Yes, please! Samsung’s Certified Re-Newed program breathes new life into used smartphones for a more circular economy. Each device gets a brand-new battery, goes through a rigorous 147-point Quality Inspection to ensure like-new standards and is backed by a 1-year warranty. Plus, all parts are 100% genuine Samsung to keep things running smoothly.
    You can also trade in smartphones, wearables, tablets, buds, TVs, and even some non-Samsung devices and score exclusive promos on newer models. It’s the perfect way to ditch your old tech without adding to the waste pile, all while staying ahead of the curve with the latest gear!

    MIL OSI Economics –

  • MIL-OSI Asia-Pac: Foreign affairs lecture held

    Source: Hong Kong Information Services

    Ministry of Foreign Affairs Department of West Asian & North African Affairs Deputy Director General Yang Xin delivered a lecture titled “China-Middle East Relations” at the Civil Service College today.

    The lecture is part of a series on the country’s foreign affairs organised by the college in collaboration with the Office of the Commissioner of the Ministry of Foreign Affairs.

    Addressing the talk, Secretary for the Civil Service Ingrid Yeung said that Hong Kong, as a key link for the Belt & Road Initiative, can capitalise on its unique advantages under “one country, two systems” to actively participate in and contribute to the initiative, adding that Hong Kong will give full play to its roles as a super connector and super value-adder.

    She highlighted that possessing the advantages of being an international city and enjoying the support of mature professional services, Hong Kong has been promoting co-operation with Middle East countries in a wide range of areas such as finance, innovation and technology, business, transportation and energy in recent years. The city has also been playing a bridging role in connecting the Mainland and the Middle East region.

    The civil service chief noted that today’s talk enabled civil servants to understand how Hong Kong can seize opportunities from the country’s overall development and promote deeper and broader co-operation with the Middle East, thereby better supporting national strategies.

    Mrs Yeung pointed out that the series on the country’s foreign affairs has been well received since its launch. She noted that this year marks the 75th anniversary of the founding of the People’s Republic of China and in celebration of this important day, the Hong Kong Special Administrative Region Government will organise a series of celebratory activities. Among the activities organised by the Civil Service Bureau, training on the country’s foreign affairs is one of the key initiatives.

    About 100 senior officials and civil servants in the directorate and senior ranks attended the talk at the college today. 

    MIL OSI Asia Pacific News –

  • MIL-OSI Europe: Piero Cipollone: From dependency to autonomy: the role of a digital euro in the European payment landscape

    Source: European Central Bank

    Introductory statement by Piero Cipollone, Member of the Executive Board of the ECB, at the Committee on Economic and Monetary Affairs of the European Parliament

    Brussels, 23 September 2024

    It is a pleasure to be here today to meet the new members of this Committee and to update you on the status of the digital euro project. Let me also congratulate Madame Lalucq on her election as ECON Chair.

    The ECB appreciates the open and valuable exchanges we have had with the ECON Committee on the digital euro since the beginning of the project. I am fully committed to continuing these exchanges and look forward to our future discussions.

    Today I will focus on three key areas. First, Europe’s dependency on foreign players for retail payments. Second, the benefits of a digital euro for everyone, including consumers, merchants and banks. And third, the progress we have made on the digital euro project so far.

    Foreign dominance in the European payment landscape

    Fast-forward to the year 2030. Imagine you are at the football World Cup in Spain. You want to buy a drink, but you can only pay with Alipay. This scenario is not as far-fetched as it may seem: this summer, buying tickets for the European Football Championships in Germany was only possible with Chinese or American means of payment.

    Could you imagine this happening in the United States? Going to the finals of the American football league, for example, and having no American means of payment available? I certainly cannot.

    The Eurosystem will of course continue to ensure that people in Europe can pay with cash.[1] However, cash is becoming less and less popular as digital payments and online shopping grow.[2]

    For example, more and more people are buying their groceries online. But you can’t use cash to pay for these. More often than not, the only option is PayPal or an international card scheme like Visa or Mastercard.

    And more and more people are using digital wallets like PayPal or Apple Pay on their mobile phones. By 2027 these platforms are expected to handle 40% of e-commerce and 27% of in-store payments in Europe.[3]

    At the same time, the share of companies in the euro area not accepting cash has been increasing significantly.[4]

    These developments are contributing to the marginalisation of elderly and less tech-savvy people. They also make us dependent on non-European companies, which is risky.

    Imagine what would happen if you could not pay digitally. For example, two weeks ago significant parts of the European card payments market were shut down for almost an entire day.[5] Just like with electricity, gas or water, we don’t think about payments until they stop working. For energy, we had to learn this the hard way following Russia’s invasion of Ukraine. For payments, we owe it to Europeans to do better.

    We need our own strong digital payments system.[6] We can achieve this by bringing central bank money into the digital era with the introduction of a digital euro: a digital form of cash, issued by the central bank and available to everyone in the euro area.[7]

    A digital euro would strengthen Europe’s financial sovereignty and resilience because it would be built with European technology and infrastructure. It would empower Europe to independently develop and manage digital payment solutions, supporting the further deepening of the Single Market.[8]

    But most importantly, the digital euro would offer tangible benefits to all stakeholders – consumers, merchants and banks.

    Benefits for European citizens

    We strongly support the Single Currency Package[9], which will ensure that cash remains widely accessible and accepted. At the same time, it will pave the way for a digital euro, which would take the advantages of cash into the digital world.

    Consumers could use a digital euro for all payments, everywhere in the euro area, also when shopping online. With a digital euro, making or receiving payments would be free of charge and as easy as using cash today. Consumers would need to use only one device and remember just one password. In addition, having a single means of payment for all circumstances would make it easier for users to have an overview of their expenditure.

    Importantly, a digital euro would seek to promote digital financial inclusion by ensuring that no one is left behind.[10] It would be accessible to everyone across the euro area, via a mobile app or a physical card, so everyone can choose the technology that they are most comfortable with, no matter how old or tech-savvy they are.

    Finally, a digital euro would offer the best possible privacy and data protection afforded by the current technology used in large payment systems.[11] From the outset, ensuring user privacy has been a central focus of the digital euro project.

    A digital euro would be available both online and offline.[12] With the offline functionality, users would enjoy cash-like privacy. The details of your offline payments would only be known to you and the recipient. For online payments, too, we would ensure that your personal data remain your own. The Eurosystem will not be able to identify you, nor directly link you to your payments.[13]

    New opportunities for merchants

    A digital euro would also bring new opportunities for European merchants.

    Right now, merchants in Europe are largely dependent on a handful of dominant online or card payment methods, often relying on non-European providers. International card schemes currently account for 64% of card transactions in the euro area.[14]

    This costs European merchants a lot of money. They collectively pay a significant amount each year to international card schemes like Visa or Mastercard. And the cost is mostly borne by smaller merchants, who incur charges three to four times higher than those of their larger competitors.[15]

    A digital euro would include safeguards for merchants by capping the fees they pay to banks for processing payments.[16] A digital euro would thus narrow the gap between what smaller and larger merchants are charged for digital payments.

    By providing a true alternative to existing payment solutions, a digital euro would also put all merchants, large and small, in a stronger position to negotiate better conditions with other providers. Finally, it could provide a safety net for merchants in case of network or power outages, thanks to its offline functionality.[17]

    Benefits for banks

    Banks would benefit too, particularly in our rapidly evolving payment landscape, in which new players – especially big tech companies from outside Europe – are increasingly entering the market. The banks would be remunerated for the services they offer, while the Eurosystem would cover the costs of the digital euro scheme and infrastructure.

    When you compare a digital euro with services like PayPal or Apple Pay, the benefits for banks become even clearer. For instance, banks do not earn anything if people top up their PayPal wallet via direct debit. And with Apple Pay, banks actually have to pay a fee just to let their cards be used in Apple Wallet.

    A digital euro would also open up a new source of revenue by allowing banks to provide value-added services to their customers.[18]

    We are working closely with the market to ensure that a digital euro leverages the existing standards as much as possible, which would keep costs down and support Europe’s competitive payment landscape.[19]

    Moreover, cards and applications currently available in only one or a handful of Member States could use these standards to reach customers across the euro area without the need to invest in new acceptance infrastructure. Therefore, a digital euro would mean that European payment service providers could offer their customers the convenience of using their product everywhere in the euro area – just like international card companies. It would also strengthen banks’ negotiating positions vis-à-vis these companies.

    Finally, banks and other payment service providers would be responsible for distributing a digital euro, thus serving as the sole point of contact for digital euro users. So a digital euro could help banks retain their customers in the face of growing payments competition.

    Project preparation phase at full speed

    Let me now give you a brief update on where we stand with the project.[20]

    We started the investigation phase back in 2021 and are now at the midpoint of the preparation phase, with roughly one more year to go.

    One of our key focus areas during this phase is to develop a methodology for determining the maximum amount of digital euro a person could hold at any time.[21] The holding limits are important to ensure financial stability and prevent large-scale transfers from bank deposits to digital euro, especially during crises.

    These limits would be high enough to avoid negatively affecting the digital euro user experience.[22]

    Experts from the ECB, the national central banks in the Eurosystem and national competent authorities, building on their unique know-how, have started to identify the factors that could influence the holding limit calibration, on the basis of three key areas defined in the draft Regulation: usability, monetary policy and financial stability.[23]

    While the exact holding limits would be defined closer to the potential launch and on the basis of a well-defined governance process enshrined in the draft Regulation,[24] we are committed to ensuring that our methodology would be predictable. This is why ECB experts regularly talk to consumers, merchants and financial institutions, to keep everyone updated on the technical work and to gather feedback.

    We are also working on finalising the digital euro rulebook, which will provide a clear set of rules and standards to ensure a consistent user experience across the euro area.[25] This will also help private companies roll out their own solutions.[26] We are working closely with all the representatives in the Rulebook Development Group, including consumers, retailers, banks and non-bank associations.

    In addition, we are currently in the process of selecting potential providers[27] who could develop a digital euro platform and infrastructure.[28]

    Finally, we are also looking closely at other key technical aspects, such as privacy and offline functionality. We will keep you updated on all these developments.

    By the end of 2025 the ECB’s Governing Council will decide whether to move to the next phase of the project. But the Governing Council will not take any decision about the issuance of a digital euro before the legislative act has been adopted.

    Conclusion

    To conclude, introducing a digital euro across the euro area would take time, but it is key for Europe’s future. Countries across the world are exploring retail central bank digital currencies. If we want to be standard-setters and keep our position among the frontrunners, we need to move swiftly.

    A digital euro is a common European project, which is why we are talking to all the relevant stakeholders and carefully listening to their views and concerns. I also remain committed to engaging regularly with the European Parliament.

    Introducing a digital euro that all banks and other providers make available to their customers and that all merchants accept, everywhere in the euro area, would take several years. Market participants need certainty to invest in the digital euro and this requires coordination between co-legislators and the central bank.

    I appreciate all the work that the ECON Committee has done on the digital euro so far. The legislative discussions are now in your hands. The ECB is of course ready to engage with the negotiating team and to provide continued technical support when needed.

    It is important that the legislative and technical work advance in parallel, swiftly and in close cooperation. Together, we can ensure that the digital euro strengthens Europe’s financial sovereignty and serves all its citizens.

    MIL OSI Europe News –

  • MIL-OSI Canada: Prime Minister Justin Trudeau meets with United Nations Secretary-General António Guterres

    Source: Government of Canada – Prime Minister

    Yesterday, Prime Minister Justin Trudeau met with the Secretary-General of the United Nations (UN), António Guterres, on the margins of the 79th Session of the UN General Assembly.

    The Prime Minister congratulated the Secretary-General on the adoption of the Pact for the Future, and the two leaders discussed progress on the UN Sustainable Development Goals (SDGs). As Co-Chair of the SDG Advocates group and the SDG Stimulus Leaders group, the Prime Minister reaffirmed his commitment to championing global action toward meeting the SDGs. He underscored the urgent need for development finance in support of the SDGs and for innovative approaches and tools to tackle multifaceted challenges.

    The Prime Minister and the Secretary-General exchanged views on pressing global issues and ongoing challenges to the rules-based international order. They reiterated their strong support for democracy and the need to foster global peace and stability.

    On the situation in the Middle East, the leaders reiterated the need for an urgent ceasefire and expressed their deep concern over the ongoing humanitarian crisis in Gaza. They agreed on the importance of securing a path toward lasting peace for Israelis and Palestinians, and underscored the importance of upholding international humanitarian law, ensuring humanitarian access to the affected areas, and protecting civilians.

    Prime Minister Trudeau and Secretary-General Guterres discussed the situation in Haiti and agreed on the need for ongoing and sustained support for the transitional government and the UN-authorized Multinational Security Support mission. 

    Prime Minister Trudeau emphasized Canada’s ongoing support for Ukraine and our commitment to work with international partners to address the global impacts of Russia’s illegal and unjustifiable invasion.

    Secretary-General Guterres thanked Prime Minister Trudeau for Canada’s strong support for the UN. The two leaders agreed to remain in contact and to continue working together, particularly in the context of Canada’s G7 Presidency next year.

    Associated Links

    MIL OSI Canada News –

  • MIL-OSI: InspireSemi Announces C$10M Convertible Loan Agreement, Proposed Delisting from TSXV and Date for a Business Update

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia and AUSTIN, Texas, Sept. 23, 2024 (GLOBE NEWSWIRE) — Inspire Semiconductor Holdings Inc. (TSXV: INSP) (“InspireSemi” or the “Company”), a chip design company that provides revolutionary high-performance, energy-efficient accelerated computing solutions for High Performance Computing (HPC), AI, graph analytics, and other compute-intensive workloads, today announced that it has entered into a convertible loan agreement (the “Loan Agreement”) dated September 23, 2024 with Humanitario Capital LLC (the “Lender”) in the principal amount of C$10,000,000 (the “Loan”).

    The Loan is unsecured, bears interest of 10% per annum, compounded monthly, and is repayable on September 23, 2025, subject to the penalty clause discussed below.

    The Loan Agreement provides that if a delisting of all classes of shares of the Company from the TSX Venture Exchange (“TSXV”) occurs, the Loan shall automatically convert to units (each a “Unit”) at a price per Unit of C$13.50 and all accrued and unpaid interest thereon will be forgiven.

    Each Unit will consist of one proportionate voting share in the capital of the Company (each an “PV Share”) and one PV Share purchase warrant of the Company (a “PVS Warrant”).

    Each PVS Warrant shall be exercisable to acquire one PV Share until September 23, 2029 at an exercise price of C$13.50.

    In addition the Lender has been granted:

    (i) the right of first refusal (the “ROFR”) to purchase additional Units on the same terms as described above should the Company request additional funding from the Lender;
    (ii) a pre-emptive right to participate in all future financings conducted by the Company on a pro-rata basis as it relates to the Lender’s then interest in the Company;
    (iii) the right to nominate a person for election to the board of directors of the Company immediately and at each subsequent shareholders meeting; and
    (iv) the right to nominate an additional person to attend all meetings of the Board in a non-voting observer capacity.

    The ROFR will expire upon the Company achieving a positive EBDITA for a one month period. All other rights set out above will exist for so long as the Lender’s pro rata interest in the Company is more than 5%.

    A copy of the Loan Agreement has been posted on the Company’s profile at www.sedarplus.ca.

    The Loan is subject to the approval of the TSXV.

    Delisting from TSXV

    The Loan Agreement provides that the Company will make its best efforts to delist its subordinate voting shares from the TSXV as soon as is reasonably practicable. If a delisting of the Company’s subordinate voting shares from the TSXV is not achieved by January 31, 2025, the Company will be deemed in default, and the Loan, all accrued interest thereon and a penalty of an additional 25% of the amount of the Loan, being C$2,500,000 will be due and payable immediately.

    Therefore, the Company announces its intention to voluntarily delist (the “Delisting“) its subordinate voting shares from the TSXV. The Delisting will be subject to, among other things, TSXV and majority of the minority shareholder approval.

    The Company will ask and encourages its shareholders to approve of the Delisting as described above at an annual general and special shareholder meeting (the “Meeting”) that will be scheduled in due course. More information regarding the Delisting, the Loan and the reasons therefore will be available in a management information circular to be prepared and mailed to shareholders and posted on the Company’s profile at www.sedarplus.ca in connection with the Meeting.

    The Company is not paying any bonus, commission or finder’s fees in respect of the Loan. The proceeds from the Loan will be used to prepare the Company’s Thunderbird Chip for delivery to customers, support the Company’s commercialization drive and for general working capital requirements.

    Nasdaq Listing Update

    The Company has currently paused its work on a proposed up list to a major U.S. Stock Exchange as announced by press release dated June 18, 2024. The Company has decided it is in its best interests to focus on commercializing its Thunderbird chip and achieving its aim of reaching profitability in 2025 prior to embarking on a further stock exchange listing.

    The Company is still interested in exploring such a listing in future and has made valuable progress in working with its various counsel and advisors to better prepare it for such an eventuality in future.

    Business Update

    The Company announces it will be holding a business update call on September 30, 2024, at 1:00 p.m. (Eastern Time). The Company will press release any new material information prior to the Business Update.

    To join the Business Update please use the following Zoom link:

    https://us06web.zoom.us/j/85079936546

    Webinar ID: 850 7993 6546

    Or One tap mobile :
        +16469313860,,85079936546# US
        +19292056099,,85079936546# US (New York)
    Or Telephone:
        Dial(for higher quality, dial a number based on your current location):
        +1 646 931 3860 US
        +1 929 205 6099 US (New York)
        +1 309 205 3325 US
        +1 312 626 6799 US (Chicago)
        +1 301 715 8592 US (Washington DC)
        +1 305 224 1968 US
        +1 253 205 0468 US
        +1 253 215 8782 US (Tacoma)
        +1 346 248 7799 US (Houston)
        +1 360 209 5623 US
        +1 386 347 5053 US
        +1 507 473 4847 US
        +1 564 217 2000 US
        +1 669 444 9171 US
        +1 669 900 6833 US (San Jose)
        +1 689 278 1000 US
        +1 719 359 4580 US

        International numbers available: https://us06web.zoom.us/u/kfZXmuhg6

    About InspireSemi

    InspireSemi (TSXV: INSP) provides revolutionary high-performance, energy-efficient accelerated computing solutions for High-Performance Computing (HPC), AI, graph analytics, and other compute-intensive workloads. The Thunderbird ‘supercomputer-cluster-on-a-chip’ is a disruptive, next-generation datacenter accelerator designed to address multiple underserved and diversified industries, including financial services, computer-aided engineering, energy, climate modeling, cybersecurity, and life sciences & drug discovery. Based on the open standard RISC-V instruction set architecture, InspireSemi’s solutions set new standards of performance, energy efficiency, and ease of programming. InspireSemi is headquartered in Austin, TX.

    For more information visit    https://inspiresemi.com  
    Follow InspireSemi on LinkedIn

    Company Contact
    John B. Kennedy, CFO
    (737) 471-3230
    invest@inspiresemi.com

    Cautionary Statement on Forward-Looking Information
    This press release contains certain statements that constitute forward-looking information within the meaning of applicable securities laws (“forward-looking statements”). Statements concerning InspireSemi’s objectives, goals, strategies, priorities, intentions, plans, beliefs, expectations and estimates, and the business, operations, financial performance and condition of InspireSemi are forward-looking statements. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the forgoing) be taken, occur, be achieved, or come to pass.

    Forward-looking information includes, but is not limited to, information regarding: (i) the business plans and expectations of the Company including expectations with respect to production and development; and (ii) expectations for other economic, business, and/or competitive factors (iii) expectations as to the use of funds in respect of the Loan, the Delisting and any potential future up list to a U.S. Stock Exchange. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this presentation, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of InspireSemi, to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Company including information obtained from third-party industry analysts and other third-party sources and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement.

    Investors are cautioned that forward-looking information is not based on historical facts but instead reflect management’s expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects management’s current beliefs and is based on information currently available to them and on assumptions they believe to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: (i) statements relating to the business and future activities of, and developments related to, the Company after the date of this press release; (ii) expected completion of or satisfaction of all closing conditions in connection with the Loan and Delisting including receipt of final approval from the Exchange; (iii) expectations for other economic, business, regulatory and/or competitive factors related to the Company or the technology industry generally; (iv) the risk factors referenced in this news release and as described from time to time in documents filed by the Company with Canadian securities regulatory authorities on SEDAR+ at www.sedarplus.ca; and (v) other events or conditions that may occur in the future. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.

    Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

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

    THIS PRESS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY OF THE SECURITIES DESCRIBED HEREIN, NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY STATE OR JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH STATE OR JURISDICTION.

    The MIL Network –

  • MIL-OSI: Repsol to present at the dbVIC – Deutsche Bank ADR Virtual Investor Conference on September 25 2024

    Source: GlobeNewswire (MIL-OSI)

    MADRID, Sept. 23, 2024 (GLOBE NEWSWIRE) — Repsol (REP), based in Madrid, is a global multi-energy company that creates value through innovation, efficiency, and respect to drive progress in society and achieve a profitable energy transition, today announced that Repsol Senior Investor Relations Officer Álvaro Visús will present at the dbVIC – Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference on September 25th. This virtual investor conference is aimed exclusively at introducing global companies with ADR programs to investors.

    DATE: September 25, 2024
    TIME: 10:30 AM ET
    LINK: https://bit.ly/47xPcjS

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time – both in the presentation hall as well as the organization’s “virtual trade booth.” If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.

    Participation is free of charge.

    Recent Company Highlights

    • Strategic Update 24-27 (Link) focus on achieving a profitable energy transition, which prioritizes investments with Repsol’s current integrated portfolio of quality assets and low-carbon initiatives, attractive shareholder remuneration, and the maintenance of financial strength.

    About Repsol

    Repsol is a global multi-energy company that is capable of meeting all its customers’ needs, whether at home or on the move. It employs 25,000 people in more than twenty countries and serves twenty-four million customers.

    Its extensive network of 4,500 service stations across Spain, Portugal, Peru and Mexico offers fuels and is incorporating alternatives such as 100% renewable fuels, electric recharging, AutoGas, and natural gas for vehicles. In addition, Repsol has 2.4 million electricity and gas customers in Spain and Portugal and is the fourth largest operator in this market in Spain. The company is building a diversified renewable generation portfolio, with an installed capacity of 3.118 MW, mainly in Spain, the United States and Chile.

    Producing an average of 599,000 barrels of oil per day, Repsol boasts one of Europe’s most efficient refining systems. Repsol is transforming its six industrial complexes in the Iberian Peninsula into multi-energy hubs, capable of turning a wide variety of raw materials and waste into products with a low carbon footprint such as 100% renewable fuels, which will be key to achieving its goal of reaching net zero emissions by 2050.

    About Virtual Investor Conferences®

    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    Contacts
    REPSOL
    Investor Relations: investor.relations@repsol.com

    Virtual Investor Conferences

    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    The MIL Network –

  • MIL-OSI United Kingdom: Veterans rally round to revamp war memorial garden

    Source: City of Wolverhampton

    The project at Bilston War Memorial Garden was launched by Falklands Conflict veteran Neil Binder and his wife Wendy who, with the support of fellow residents and friends, have been busy creating a tranquil and reflective space.

    Neil has also used the project to help him with his post traumatic stress disorder related to his military experience, as he finds gardening relaxing and calm.

    He said: “We want to make this space welcoming and comfortable for people to come and sit, ponder and reflect, so Wendy and I and a few friends got together and decided to make it look a little bit prettier.

    “For the last 2 years, we’ve dug and planted and begged and borrowed and put money in from our own pockets to get plants in here and make it a nice, presentable place, as well as a welcome on the route into Bilston town centre.”

    The project has been financed mainly by Neil and Wendy and supported by the City of Wolverhampton Council, while Edward Howell Galvanisers donated 3 tonnes of soil to fill 2 of the raised planters earlier this year.

    There are currently 4 raised beds at Bilston War Memorial Garden, with thousands of bulbs, wildflower and poppy seeds planted. Members of the Wolverhampton Armed Forces and Veterans Breakfast Club have helped with the planting and labouring, and Neil is keen that the local community, schools and companies get involved and help with the maintenance of the site going forward.

    Neil added: “This is a safe space for anyone who would like to use it, and where they can relax, reflect and take in the surroundings. If everything blooms as we hope, there will be plenty of interest and plenty of colour.”

    Mayor of Wolverhampton Councillor Linda Leach, who visited the garden recently, said: “I am delighted that the council has been able to support this project because the site has military heritage and it is important to honour and remember those who have paid the ultimate sacrifice.”

    MIL OSI United Kingdom –

  • MIL-OSI USA: Alaska Congressional Delegation Welcomes $277 Million in Fishery Disaster Funding for Alaska

    US Senate News:

    Source: United States Senator for Alaska Lisa Murkowski
    09.23.24
    Washington, DC – U.S. Senators Lisa Murkowski and Dan Sullivan (both R-AK) and Representative Mary Sattler Peltola (D-AK) welcomed the announcement of $277 million in funding for Alaska fishery disasters from the U.S. Department of Commerce. Funding for a number of salmon and crab fisheries from 2020-2023 will be transmitted to the Pacific States Marine Fisheries Commission for distribution to fishermen, their crews, seafood processors, and communities impacted by these fishery disasters.
    “There is no question that fisheries and coastal communities in Alaska need help as they navigate catastrophic fishery collapses,” Senator Murkowski said. “Although I am grateful our fishermen and communities will finally see some relief, for many it might be too little too late. After years of waiting, some have already moved onto other professions, and in some cases have even left the state. I will continue working with my colleagues to pass legislation to streamline the process so these regulatory delays are a thing of the past. I am hopeful this assistance will help Alaska’s hardworking fishermen recover from a devastating few years so they can get back on the water and return to their active role in this critical industry.”
    “I’m glad to see this significant batch of federal relief dollars finally being distributed to our hard-working fishermen and coastal communities,” said Senator Sullivan. “These Alaskans should never have had to wait this long to see this relief processed—a frustration I raised with Commerce Secretary Gina Raimondo and NOAA Fisheries Director Janet Coit on numerous occasions in recent months. The Commerce Department must address the serious disruptions caused by their new financial management system and other bureaucratic hurdles. I have put forward legislation with Senator Rick Scott to enact timelines on the executive branch’s approval process for these disasters to ensure our fishermen are receiving the relief dollars they are due in a timely fashion. We need this funding to expeditiously reach Alaskans so that they can weather these disasters over the long-term and continue to responsibly harvest the freshest, most sustainable seafood in the world.”
    “Our fishermen and fishing families have suffered enough the last few years – when disaster strikes, it only sets us back further,” said Rep. Peltola. “This funding is critical in helping our fisheries recover and support the communities all over Alaska, and beyond, that rely on their seafood product output.”

    Fishery Disaster

    Allocation

    Alaska Gulf of Pacific Cod Fishery 2020

    $17,772,540

    Alaska 2018 East Side Setnet Salmon and 2020 Upper Cook Inlet Salmon Fisheries
    Alaska Copper River and Prince William Sound Salmon Fisheries, 2018 and 2020

    $43,730,937

    Alaska Bering Sea Crab Fisheries, 2021/2022
    Alaska Norton Sound Red King Crab Fisheries, 2020 and 2021
    Alaska Bering Sea Crab Fisheries, 2022/2023

    $193,915,406

    Alaska Chignik Salmon Fishery, 2021

    $4,989,902

    Alaska Norton Sound Salmon Fisheries 2021
    Alaska Kuskokwim River Salmon Fishery, 2021
    Alaska Copper River/Prince William Sound Salmon Fisheries, 2020

    $16,998,673

    Background:
    On November 15, 2022, the Alaska delegation sent a letter to Secretary Raimondo in support of Governor Dunleavy’s 2020-2023 fishery disasters declarations.
    On November 17, 2022, Senators Murkowski and Sullivan, along with Senators Cantwell and Murray (both D-Wash.), sent a letter to Secretary Raimondo requesting a federal disaster for several crab fisheries.
    On December 16, 2022, the Department of Commerce determined that fishery disasters have occurred in numerous Alaska fisheries, allowing this funding to be distributed to fishermen and their crews, seafood processors, and research initiatives in regions that experienced fishery disasters.
    On May 15, 2024, Senator Murkowski pressed Secretary Raimondo during a Commerce, Justice, Science, and Related Agencies Appropriations to share an update regarding fisheries disaster funding.
    On May 23, 2024, Senator Sullivan organized and Senator Murkowski and Representative Peltola participated in an Alaska Seafood Industry Roundtable with Secretary Raimondo at the U.S. Department of Commerce to facilitate dialogue between state industry leaders and the Department.
    On September 4, 2024, Sens. Murkowski and Sullivan joined Sen. Ted Cruz (R-Texas) and several colleagues in sending a letter to the Department of Commerce (DOC) demanding answers regarding the implementation of the DOC’s new financial management system that has delayed financial relief for fishery disasters.

    MIL OSI USA News –

  • MIL-OSI USA: Vermont Delegation Introduces Bill to Redraw Boundaries of the Marsh-Billings-Rockefeller National Historic Park in Woodstock

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)
    WASHINGTON, D.C. – The Vermont Congressional Delegation, Senator Bernie Sanders (I-Vt.), Senator Peter Welch (D-Vt.), and Representative Becca Balint (VT-At-Large) introduced the Marsh-Billings-Rockefeller National Historical Park Establishment Act Amendments Act, legislation that extends the boundary of the Marsh-Billings-Rockefeller National Historic Park to include the neighboring King Farm, which is currently owned by the Vermont Land Trust.  
    “The Marsh-Billings-Rockefeller National Historical Park is a treasure for Vermont and our nation,” said Senator Sanders. “Vermont’s forests and working farms have always been vital to our economy and critical to our character as a state. I’m pleased this bill will continue Vermont’s conservation legacy by expanding this park and helping to conserve land for agriculture, forestry, and educational purposes for future generations.” 
    “The Marsh-Billings-Rockefeller National Historical Park is a unique example of how decades of conservation and stewardship have shaped our landscape and Vermont Values. As Vermont’s first and only national park, this park plays an important role in conserving and educating folks about out state’s rich agricultural heritage,” said Senator Welch. “By expanding the Marsh-Billings-Rockefeller NHP to include the King Farm, our bill will create new enrichment opportunities and ensure that future generations can continue to enjoy and appreciate this historical treasure.” 
    “In Vermont, we care deeply about the preservation, stewardship, and the future of our parks and lands,” said Rep. Balint. “I’m proud to take action to strengthen this partnership and ensure that King Farm has the resources it needs for trail maintenance, conservation, and land management. I’m grateful to work with Senator Welch and Sanders and our shared commitment to our state’s outdoor recreation.” 
    Located in Woodstock, the Marsh-Billings-Rockefeller NHP preserves a significant historical, agricultural, and natural landscape. The Marsh-Billings-Rockefeller NHP became Vermont’s first and only national park when it opened its doors to the public in 1998. The Marsh-Billings-Rockefeller NHP commemorates the historical contributions of its namesakes—George Perkins Marsh, Frederick Billings, and Mary French Rockefeller—preserves Vermont’s proud agricultural heritage, and conserves native forestland ecosystems. It also provides countless educational opportunities for visitors, protects archaeological sites, and showcases historic architecture. 
    The Marsh-Billings-Rockefeller National Historical Park Establishment Act Amendments Act would expand resources for the Marsh-Billings-Rockefeller NHP’s Stewardship Institute to support educational programing, research, community engagement, and conservation efforts. Additionally, the bill would authorize the Marsh-Billings-Rockefeller NHP to acquire the King Farm from willing property owners in the future, without requiring its sale. 
    The Marsh-Billings-Rockefeller National Historical Park Establishment Act Amendments Act is endorsed by the Vermont Land Trust and has the support of the Town of Woodstock: 
    “The Town of Woodstock is happy with this legislation as we have an outstanding and cooperative relationship with the National Park Service and our residents enjoy all the activities and services they currently offer,” said Eric Duffy, Municipal Manager, Town of Woodstock. “The Park is a massive tourist draw and a vital part of our community.” 
    “We welcome the opportunity to partner more closely with NPS in enhancing access to land and programming at King Farm. The timing aligns perfectly with our efforts to raise funds and invest in King Farm, alongside community partners,” said Tracy Zschau, President and CEO, Vermont Land Trust. 
    Learn more about the Marsh-Billings-Rockefeller National Historical Park Establishment Act Amendments Act. 
    Read the full text of the bill. 

    MIL OSI USA News –

  • MIL-OSI USA: SBA Offers Disaster Assistance to Businesses and Residents of Illinois Affected by July Storms

    Source: United States Small Business Administration

    WASHINGTON – Low-interest disaster loans from the U.S. Small Business Administration (SBA) are available to businesses and residents in Illinois following the announcement of a Presidential disaster declaration for severe storms, tornadoes, straight-line winds and flooding that occurred on July 13-16.

    “SBA’s mission-driven team stands ready to help Illinois small businesses and residents impacted by this disaster in every way possible under President Biden’s disaster declaration for certain affected areas,” said SBA Administrator Isabel Casillas Guzman. “We’re committed to providing federal disaster loans swiftly and efficiently, with a customer-centric approach to help businesses and communities recover and rebuild.”

    The disaster declaration covers Cook, Fulton, Henry, St. Clair, Washinton, Will and Winnebago counties which are eligible for both Physical and Economic Injury Disaster Loans from the SBA. Small businesses and most private nonprofit organizations in the following adjacent counties are eligible to apply only for SBA Economic Injury Disaster Loans (EIDLs):  Boone, Bureau, Clinton, Dekalb, DuPage, Grundy, Jefferson, Kane, Kankakee, Kendell, Knox, Lake, Madison, Marion, Mason, McDonough, McHenry, Mercer, Monroe, Ogle, Peoria, Perry, Randolph, Rock Island, Schuyler, Stark, Stephenson, Tazewell, Warren and Whiteside in Illinois; Lake in Indiana; St. Louis in Missouri; and Green and Rock in Wisconsin. 

    Disaster survivors should not wait to settle with their insurance company before applying for a disaster loan. If a survivor does not know how much of their loss will be covered by insurance or other sources, SBA can make a low-interest disaster loan for the total loss up to its loan limits, provided the borrower agrees to use insurance proceeds to reduce or repay the loan.

    Businesses and private nonprofit organizations of any size may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.  

    For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations, the SBA offers Economic Injury Disaster Loans (EIDLs) to help meet working capital needs caused by the disaster. Economic Injury Disaster Loan assistance is available regardless of whether the business suffered any physical property damage.

    Disaster loans up to $500,000 are available to homeowners to repair or replace disaster-damaged or destroyed real estate. Homeowners and renters are eligible for up to $100,000 to repair or replace disaster-damaged or destroyed personal property.

    Interest rates are as low as 4% for businesses, 3.25% for nonprofit organizations, and 2.688% for homeowners and renters, with terms up to 30 years. Interest does not begin to accrue, and monthly payments are not due, until 12 months from the date of the initial disbursement. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition.

    Building back smarter and stronger can be an effective recovery tool for future disasters. Applicants may be eligible for a loan amount increase of up to 20% of their physical damages, as verified by the SBA for mitigation purposes. Eligible mitigation improvements may include a safe room or storm shelter, sump pump, French drain or retaining wall to help protect property and occupants from future disasters. 

    “The opportunity to include measures to help prevent future damage from occurring is a significant benefit of SBA’s disaster loan program, said “Francisco Sánchez, Jr., associate administrator for the Office of Disaster Recovery and Resilience at the Small Business Administration.  “I encourage everyone to consult their contractors and emergency management mitigation specialists for ideas and apply for an SBA disaster loan increase for funding.”

    With the changes to FEMA’s Sequence of Delivery, survivors are now encouraged to simultaneously apply for FEMA grants and the SBA low-interest disaster loan assistance to fully recover.  FEMA grants are intended to cover necessary expenses and serious needs not paid by insurance or other sources. The SBA disaster loan program is designed for your long-term recovery, to make you whole and get you back to your pre-disaster condition.  Do not wait on the decision for a FEMA grant; apply online and receive additional disaster assistance information at sba.gov/disaster.  

    Applicants may also call the SBA’s Customer Service Center at (800) 659-2955 or send an email to disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The filing deadline to return applications for physical property damage is Nov. 19, 2024. The deadline to return economic injury applications is June 20, 2025.

    ###

    About the U.S. Small Business Administration 

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov. 

    MIL OSI USA News –

  • MIL-OSI Russia: The Academic Council of the State University of Management discussed the results of the summer session

    MIL OSI Translation. Region: Russian Federation –

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

    On September 23, 2024, a meeting of the Academic Council of the State University of Management was held.

    We started with congratulations to the birthday girl of September, member of the Council, head of the project management department Irina Brikoshina.

    The consideration of the agenda items began with a summary of the results of the summer examination session of the 2023/2024 academic year, which was reported by the head of the Unified Electronic Dean’s Office of the University, Natalia Tymchuk.

    “More than 89% of bachelors successfully completed their exams, with the percentage of excellent students increasing and the number of C students decreasing,” Natalia noted.

    Further at the meeting, the chairmen of the certification committees for additional professional education programs for the 2024 calendar year were approved.

    The directors of the Institute of Marketing and the Institute of Industry Management made proposals to make changes to the composition of the Academic Council of the Institutes, which were supported.

    The Academic Council also approved the educational program for training scientific and scientific-pedagogical personnel in the postgraduate program “Economics of Innovations” and the opening of additional professional education at the Pre-University to prepare for the Unified State Exam in Geography.

    In addition, a number of working issues were considered at the meeting, including the provision of financial assistance to students.

    Subscribe to the TG channel “Our GUU” Date of publication: 09.23.2024

    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 accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    The Academic Council of the State University of Management discussed the results of the summer session

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News –

  • MIL-OSI: EquityZen Adds to Senior Executive team – Hires Justin Howell as COO and promotes Jean Brandolini Lamb to CMO

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Sept. 23, 2024 (GLOBE NEWSWIRE) — EquityZen, an online marketplace for company-approved sales of pre-IPO employee shares, today announces the appointment of Justin Howell as Chief Operating Officer. Howell’s appointment marks a significant milestone for EquityZen as it accelerates its mission of bringing “private markets to the public” for investors and shareholders on its fintech platform. 

    Howell will oversee daily operations and will report to EquityZen CEO, Atish Davda. Before joining EquityZen, Justin founded and led Rize Money, Inc., a pioneering embedded payments platform that provided payment infrastructure and risk management capabilities to fintechs and other technology companies seeking to integrate innovative financial products into their existing user experiences. Under his leadership, Rize was successfully acquired by Fifth Third Bank, where he served as Senior Vice President and oversaw the integration of Rize’s infrastructure into Newline, Fifth Third’s embedded payments division, allowing Fifth Third to win enterprise-scale clients like Stripe and Trustly. 

    “Throughout my career I have been on a mission to transform financial services through technology,” said EquityZen’s newly appointed COO, Justin Howell. “As an early investor in EquityZen and a long-time client, I am thrilled to be working with the leadership team at EquityZen to help bring greater access to alternative markets.”

    Howell’s career spans over 20 years with various roles at Bain & Company, Bain Capital, Soleil Securities and Perry Capital, where he gained experience in strategy, operations, and investment across both startups and Fortune 100 companies before founding Rize. His passion for building impactful companies extends to sectors such as personal finance, greentech, education and media & entertainment. Justin holds a Bachelor’s degree from Harvard University and an MBA from The Wharton School. He actively contributes to the entrepreneurial community as a mentor, advisor and board member.

    Jean Brandolini Lamb has spent two years as EquityZen’s head of marketing before being promoted to Chief Marketing Officer. 

    “It’s been a pleasure to be part of EquityZen’s advancement as we see interest in our category and company grow. I look forward to working even more deeply with the leadership team to focus on our customers and the opportunities ahead of our thriving business,” said Jean Brandolini Lamb, EquityZen’s new CMO. 

    Jean joined EquityZen as head of marketing in 2022. Over the last 20+ years, Jean has led marketing teams at global financial services and technology companies including J.P. Morgan, TIAA, SAP and Hewlett Packard Enterprise. She holds a Bachelor’s degree from NYU and an MA from Columbia University. 

    “Justin is an invaluable addition to our team given his experience as a seasoned entrepreneur, business strategist and his proven track record in scaling businesses. His deep understanding of our business, financial technology and how to operate nimbly in a highly regulated industry will be instrumental as we continue to innovate and transform our pre-IPO platform,” said Atish Davda, CEO of EquityZen. “Jean joined to lead marketing two years ago and expanded her purview to also lead funds, research and customer experience in her tenure. With this promotion, she brings her valued voice and insight into our customers to the senior executive team. Our goal at EquityZen is to democratize access to investing in the private markets and I look forward to both of their contributions at our company,” he added.

    About EquityZen

    Since 2013, the EquityZen marketplace has made it easy to buy and sell shares in the private companies shaping the future. EquityZen brings together investors and shareholders, providing liquidity to early shareholders and private market access to accredited investors. With low investment minimums through our funds and with more than 41,000 private placements completed across 450+ companies, EquityZen leads the way in delivering “Private Markets for the Public.” 

    Media Contact

    Deborah Kostroun, Zito Partners

    +1 (201) 403-8185

    deborah@zitopartners.com

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/946c4fa0-0b3d-4fb1-ad69-92656e2711ca
    https://www.globenewswire.com/NewsRoom/AttachmentNg/24305c18-3024-4999-be01-12e6d1ecd213

    The MIL Network –

  • MIL-OSI: FHLBank Atlanta Announces $5 Million Heirs’ Property Family Wealth Protection Fund

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, Sept. 23, 2024 (GLOBE NEWSWIRE) — Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced its 2024 Heirs’ Property Family Wealth Protection Fund (FWP), allocating $5 million to assist organizations with the prevention and resolution of heirs’ property issues.

    A recent survey sponsored by FHLBank Atlanta and conducted by The Harris Poll found that most homeowners (90%) expect the equity in their home to benefit their heirs when they die, yet more than 4 in 10 (43%) do not have a will/trust or estate plan. The survey also showed that roughly 1 in 5 homeowners did not have, or were not sure whether they have, a clear title (22%) or recorded deed (20%).

    “Without the proper legal process, there are often roadblocks preventing equity from being passed down as property owners intend,” said FHLBank Atlanta’s President and Chief Executive Officer Kirk Malmberg. “As part of our work to address housing and homeownership challenges, FHLBank Atlanta has focused on heirs’ property issues, which occur when a property owner passes away without a will designating a successor owner or the heirs fail to properly vest title to the property in their names.”

    Through FHLBank Atlanta member institutions, starting October 1, 2024, community organizations, tribal entities, governments and municipalities may apply for up to $500,000 in grant funding to assist property owners located in low-to-moderate income areas within communities in the FHLBank Atlanta district: Alabama, District of Columbia, Florida, Georgia, Maryland, North Carolina, South Carolina and Virginia. The application deadline is October 31, 2024.

    Heirs’ property issues may also arise when a property is left to multiple beneficiaries without a plan to manage the property, resulting in fractured or tangled title. The survey found that 38% of homeowners without a will/trust or estate plan intend to leave their home or property to more than one heir.

    “Family homes and properties are key to generational wealth building, but all too often, this legacy is lost due to inadequate legal documentation,” said Georgia Congresswoman Nikema Williams, a member of the Financial Services Committee and the Subcommittee on Housing and Insurance. “Earlier this year, I led the introduction of the HEIRS Act, which shares the same goal as FHLBank Atlanta’s program: to increase access to essential legal services, bridge wealth disparities, and give families confidence that their properties are secure for future generations.”

    Further, heirs’ property could be a more common challenge among lower income households. The survey indicated that 57% of homeowners with an annual household income under $50,000 do not have a will/trust or estate plan, and 42% in the same income range intend to leave their home to multiple heirs, exacerbating the potential risk.

    “When ownership of a property is unclear, it hinders the accumulation of generational wealth and makes it hard for the home to be maintained or sold, often leading to neighborhood blight,” said FHLBank Atlanta Senior Vice President and Director of Community Investment Services Tomeka Strickland. “The Family Wealth Protection Fund was created to help individuals protect their hard-earned assets for future generations while strengthening communities.”

    For additional information on FHLBank Atlanta’s Heirs’ Property Family Wealth Protection Fund or to identify a FHLBank Atlanta member financial institution for partnership opportunities, visit the Bank’s Find a Member page or contact Community Investment Services at 800.536.9650, option 3 or FHLBAtlantaHeirsProperty@fhlbatl.com.

    About the Federal Home Loan Bank of Atlanta
    FHLBank Atlanta is a member-owned cooperative that offers competitively-priced financing, community development grants, and other banking services to assist its member financial institutions make affordable home mortgages and provide economic development credit to neighborhoods and communities. The Bank’s members are commercial banks, credit unions, savings institutions, community development financial institutions, and insurance companies located in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, and the District of Columbia. FHLBank Atlanta is one of 11 district banks in the Federal Home Loan Bank System. Since 1990, the FHLBanks have awarded approximately $9.1 billion in Affordable Housing Program funds, assisting more than 1.2 million households.

    For more information, visit our website at www.fhlbatl.com.

    Survey Method

    The survey was conducted online within the United States by The Harris Poll on behalf of Federal Home Loan Bank of Atlanta from August 20-22, 2024, among 1,306 homeowners. The sampling precision of Harris online polls is measured using a Bayesian credible interval. For this study, the sample data is accurate to within +/- 3.2 percentage points using a 95% confidence level.

    CONTACT:
    Sheryl Touchton
    Federal Home Loan Bank of Atlanta
    stouchton@fhlbatl.com
    404.716.4296

    The MIL Network –

  • MIL-OSI: Aether Fuels Signs MOU with JetBlue

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, Sept. 23, 2024 (GLOBE NEWSWIRE) — Aether Fuels (Aether), a venture-backed climate technology company, today announced that it has signed a Memorandum of Understanding (MOU) with JetBlue (NASDAQ: JBLU). Aether has developed a breakthrough technology that utilizes a diverse array of waste feedstocks to produce sustainable liquid fuels at a lower cost and greater scale than existing approaches. The agreement creates a pathway for Aether to supply JetBlue with sustainable aviation fuel (SAF) when commercial production begins.

    The MOU extends Aether’s relationship with JetBlue that began when its venture capital subsidiary, JetBlue Ventures, invested in Aether’s convertible note and Series A financings.

    Aether’s technology, known as Aether Aurora™, uses a range of waste carbon feedstocks that do not compete with food or feed value chains. This critical “feedstock flexibility” differentiator enables the large-scale deployment of Aether Aurora technology and contributes to the breakthrough economics that are essential for sustainable liquid fuels, by enabling the conversion of numerous abundant waste carbon feedstocks into jet fuel. This overcomes the supply constraints faced by many other SAF production processes that rely on a limited type of often-scarce or cost-constrained feedstocks.

    The technology, an enhanced version of the Fischer-Tropsch (FT) process, combines innovations in chemistry (catalysts), equipment (reactors), and novel process flow schemes that enable major process simplifications (intensification) when converting waste carbon streams, such as captured carbon dioxide, industrial waste gases, biogas and treated agricultural residues, into liquid hydrocarbons. It is a robust, flexible, and efficient process engineered to deliver high yield and broad feedstock support at lower investment and operating costs.

    This MOU is the first for Aether in the SAF space. It comes as the company’s team of expert technologists, in partnership with GTI Energy, are constructing a 100 gallon-per-day (380l/day) pilot line that builds on the successful operation of an existing 1.5 gallon-per-day (6l/day) pilot line. The work leverages eight years of technology development initiated by GTI Energy and accelerates the commercial deployment of Aether Aurora at scale.

    In parallel, Aether is developing a pipeline of commercial-scale production facilities. This includes projects in the U.S. and Southeast Asia to produce SAF and other high-value sustainable liquid fuels in collaboration with select strategic partners.

    “JetBlue is a leader in proactively transitioning to SAF so their interest in the company and the Aether Aurora technology is gratifying,” said Conor Madigan, Co-founder and CEO at Aether. “For a disruptive technology like ours, early and informed input from potential users, including airlines, can accelerate the ramp from R&D to commercialization. We are excited to engage with JetBlue and look forward to supporting their SAF vision.”

    “Scaling up production of SAF is the essential challenge to solve for the decarbonization of aviation,” said Sara Bogdan, Managing Director of Sustainability and ESG at JetBlue. “Aether Fuels’ technology targets a key need. By enabling access to a much wider range of feedstocks than previously available, the new technology shows incredible promise to help SAF reach the commercial scale needed for the industry transition to renewable fuels. As our investment via JetBlue Ventures demonstrates, we are believers in the Aether technology and team, and we look forward to being part of that journey.”

    Aether Aurora is trademarked by Aether Fuels

    About JetBlue: JetBlue is New York’s Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando and San Juan. JetBlue, known for its low fares and great service, carries customers to more than 100 destinations throughout the United States, Latin America, the Caribbean, Canada and Europe. For more information and the best fares, visit jetblue.com.

    About Aether Fuels: Aether Fuels envisions a net-zero world enabled by its breakthrough sustainable liquid fuel production technology. We are developing highly scalable solutions that dramatically improve the unit economics of producing sustainable fuels for aviation and ocean shipping. Established in 2022 as a spin-out of Xora Innovation, a deep-tech early-stage investment platform of Temasek, we maintain principal offices in the U.S. and Singapore. For more information, visit www.aetherfuels.com or follow us on LinkedIn.

    Contact

    Kelsey Duke; Diffusion PR for Aether Fuels; email: AetherFuels@Diffusionpr.com

    The MIL Network –

  • MIL-OSI: Banzai to Host Shareholder Update Conference Call Webcast on Tuesday, October 1, 2024 at 11:00 a.m. Eastern Time

    Source: GlobeNewswire (MIL-OSI)

    SEATTLE, Sept. 23, 2024 (GLOBE NEWSWIRE) — Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading marketing technology company that provides essential marketing and sales solutions, will hold a conference call webcast on Tuesday, October 1, 2024 at 11:00 a.m. Eastern time to discuss recent announcements, review ongoing initiatives, and anticipated 2024 milestones.

    Banzai Founder and CEO Joe Davey will host the conference call, followed by a question-and-answer period. The conference call will be accompanied by a presentation, which can be viewed during the webcast or accessed via the investor relations section of the Company’s website here.

    To access the call, please use the following information:

    A replay of the webcast and the presentation utilized during the call will be available in the Company’s investor relations section here.

    About Banzai

    Banzai is a marketing technology company that provides essential marketing and sales solutions for businesses of all sizes. On a mission to help their customers achieve their mission, Banzai enables companies of all sizes to target, engage, and measure both new and existing customers more effectively. Banzai customers include Square, Hewlett Packard Enterprise, Thermo Fisher Scientific, Thinkific, Doodle and ActiveCampaign, among thousands of others. Learn more at www.banzai.io. For investors, please visit https://ir.banzai.io.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often use words such as “believe,” “may,” “will,” “estimate,” “target,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “propose,” “plan,” “project,” “forecast,” “predict,” “potential,” “seek,” “future,” “outlook,” and similar variations and expressions. Forward-looking statements are those that do not relate strictly to historical or current facts. Examples of forward-looking statements may include, among others, statements regarding Banzai International, Inc.’s (the “Company’s”): future financial, business and operating performance and goals; annualized recurring revenue and customer retention; ongoing, future or ability to maintain or improve its financial position, cash flows, and liquidity and its expected financial needs; potential financing and ability to obtain financing; acquisition strategy and proposed acquisitions and, if completed, their potential success and financial contributions; strategy and strategic goals, including being able to capitalize on opportunities; expectations relating to the Company’s industry, outlook and market trends; total addressable market and serviceable addressable market and related projections; plans, strategies and expectations for retaining existing or acquiring new customers, increasing revenue and executing growth initiatives; and product areas of focus and additional products that may be sold in the future. 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. Forward-looking statements are not guarantees of future performance, and our actual results of operations, financial condition and liquidity and development of the industry in which the Company operates may differ materially from those made in or suggested by the forward-looking statements. Therefore, investors should not rely on any of these forward-looking statements. Factors that may cause actual results to differ materially include changes in the markets in which the Company operates, customer demand, the financial markets, economic, business and regulatory and other factors, such as the Company’s ability to execute on its strategy. More detailed information about risk factors can be found in the Company’s Annual Report on Form 10-K and the Company’s Quarterly Reports on Form 10-Q under the heading “Risk Factors,” and in other reports filed by the Company, including reports on Form 8-K. The Company does not undertake any duty to update forward-looking statements after the date of this press release.

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

    Media
    Rachel Meyrowitz
    Director, Demand Generation, Banzai
    rachel.meyrowitz@banzai.io

    The MIL Network –

  • MIL-OSI: Partners Value Split Corp. Announces $125,000,000 Public Offering of Class AA Preferred Shares, Series 14

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

    TORONTO, Sept. 23, 2024 (GLOBE NEWSWIRE) — Partners Value Split Corp. (the “Company”) announced today that it has entered into an agreement to sell 5,000,000 Class AA Preferred Shares, Series 14 (the “Series 14 Preferred Shares”) to a syndicate of underwriters led by Scotiabank, BMO Capital Markets, CIBC Capital Markets, RBC Capital Markets and TD Securities Inc. on a bought deal basis.

    The Series 14 Preferred Shares will be issued at a price of $25.00 per share, for gross proceeds of $125,000,000. The Series 14 Preferred Shares will carry a fixed coupon of 5.50% and will have a final maturity of June 30, 2030. The Series 14 Preferred Shares have a provisional rating of Pfd-2 from DBRS Limited. The net proceeds of the offering will be used by the Company in connection with the Company’s redemption of its outstanding Class AA Preferred Shares, Series 8 and to pay a special dividend on the Company’s capital shares.

    The Company has granted the underwriters an option, exercisable in whole or part prior to closing, to purchase up to an additional 1,000,000 Series 14 Preferred Shares at the same offering price, which, if exercised in full, would increase the gross offering size to $150,000,000. Closing of the offering is expected to occur on or about September 27, 2024.

    The Company owns a portfolio consisting of approximately 119 million Class A Limited Voting Shares of Brookfield Corporation and approximately 30 million Class A Limited Voting Shares of Brookfield Asset Management Ltd. (collectively, the “Brookfield Securities”),which are expected to yield quarterly dividends that are sufficient to fund quarterly fixed cumulative preferential dividends for the holders of the Company’s preferred shares and to enable the holders of the Company’s capital shares to participate in any capital appreciation of the Brookfield Securities.

    Brookfield Corporation is a leading global investment firm focused on building long-term wealth for institutions and individuals around the world. Brookfield Corporation has three core businesses: alternative asset management, wealth solutions, and its operating businesses which are in renewable power, infrastructure, business and industrial services, and real estate. Brookfield Corporation is listed on the New York Stock Exchange and Toronto Stock Exchange under the symbol BN.

    Brookfield Asset Management Ltd. (“BAM”) is a leading global alternative asset manager with approximately US$1 trillion of assets under management across renewable power & transition, infrastructure, private equity, real estate, and credit. BAM’s objective is to generate attractive, long-term risk-adjusted returns for the benefit of its clients and shareholders. BAM is listed on the New York Stock Exchange and Toronto Stock Exchange under the symbol BAM.

    Jason Weckwerth, Chief Financial Officer, will be available at (416) 363-9491 to answer any questions regarding the offering.

    This news release contains “forward-looking information” within the meaning of Canadian provincial securities laws and regulations. The words “expected”, “will”, “agreed” and “enable” and other expressions which are predictions of or indicate future events, trends or prospects and which do not relate to historical matters or identify forward-looking information. Forward-looking information in this news release includes statements with regard to the provisional rating on the Series 14 Preferred Shares, which is not a final rating, the use of proceeds of the offering and quarterly dividends from the Company’s portfolio of Brookfield Securities which are expected to fund quarterly fixed cumulative preferential dividends for holders of the Company’s preferred shares and to enable holders of its capital shares to participate in any capital appreciation of the Brookfield Securities. Although the Company believes that the anticipated future results or achievements expressed or implied by the forward-looking information and statements are based upon reasonable assumptions and expectations, the reader should not place undue reliance on the forward-looking information and statements because they involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking information and statements. Factors that could cause actual results to differ materially from those contemplated or implied by the forward-looking information and statements include: the behaviour of financial markets, including fluctuations in interest and exchange rates, availability of equity and debt financing and other risks and factors detailed from time to time in the Company’s other documents filed with the Canadian securities regulators. We caution that the foregoing list of important factors that may affect future results is not exhaustive. When relying on our forward-looking information to make decisions with respect to the Company, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Except as may be required by law, the Company undertakes no obligation to publicly update or revise any forward-looking information or statements, whether written or oral, that may be as a result of new information, future events or otherwise. Reference should be made to the Company’s short form base shelf prospectus dated September 19, 2024 for a description of the major risk factors.

    The MIL Network –

  • MIL-OSI: Canon U.S.A., Inc. Supports Cross-University Project

    Source: GlobeNewswire (MIL-OSI)

    MELVILLE, N.Y., Sept. 23, 2024 (GLOBE NEWSWIRE) — Aligned with its commitment to supporting higher education and fostering collaboration, Canon U.S.A., Inc., a leader in digital imaging solutions, is proud to announce its support of a collaborative project between Syracuse University and Universidad del Sagrado Corazón in San Juan, Puerto Rico through which their students created a documentary film. The project was made possible through the help of powerful technology provided by Canon1, enabling students from both universities to work together to bring their ideas to life from ideation to execution. The resulting documentary, A Tale of Two Cities, will make its debut at the upcoming Syracuse Film Festival in Syracuse, New York, showcasing the students’ unique perspectives and collaborative efforts.2

    Under the guidance of faculty members Milton Santiago at Syracuse University and Professor Harold Leonard Navarro at Universidad del Sagrado Corazón, students explored a topic of mutual regional significance. Despite the geographic distance between the two groups, they were able to seamlessly collaborate using Canon’s AMLOS (Activate My Line of Sight) solution and captured the documentary on Canon’s EOS R5C hybrid camera. Canon’s AMLOS solution facilitated real-time interaction, allowing the students to communicate in an engaging way to merge their unique perspectives and skills into a cohesive documentary project.

    “This project truly enabled our students to understand the power of collaboration,” said Santiago, an assistant professor of visual communications at Syracuse University’s renowned Newhouse School of Public Communications.

    “Despite being geographically distant, the students at Syracuse and at Sagrado were able to rally around a common goal: telling an important story while raising awareness about a timely issue,” Santiago added. “In joining forces through storytelling, the work they have created will have impact beyond our academic walls.”

    In exclusive behind-the-scenes footage, captured on Canon’s EOS R5 C camera, students reflect on how they used the AMLOS solution to collaborate seamlessly across geographic boundaries.

    A Media Snippet accompanying this announcement is available by clicking on this link.

    Additional footage shows the students working with the EOS R5 C camera to bring their documentary vision to life, highlighting the impact of Canon’s technology on their creative process.

    A Media Snippet accompanying this announcement is available by clicking on this link.

    The benefits of Canon’s technology extended beyond merely facilitating interaction. It empowered students to work together to merge their perspectives seamlessly to help them create a polished final product.

    “The success of this project demonstrates that technology is an extremely powerful tool for collaboration across academic disciplines,” said Professor Navarro. “This experience has opened the door for future projects, bringing together students and faculty from diverse backgrounds in innovative ways.”

    Students echoed this sentiment, emphasizing how the project made a profound impact on their learning experience.

    “The experience that everyone got from this project is something that will leave a lasting impact on us,” said Jennifer Wybieracki, master’s graduate student at Syracuse University. “The collaboration between multidisciplinary fields is super important as we’re able to see how different industries operate and how we all contribute to the end product.”

    “We thank Canon for providing us with the equipment that allowed us to present the reality of the community by enabling us to obtain high-quality content,” said Victor Jiménez, journalism undergraduate student at Universidad del Sagrado Corazón.

    Supporting this collaborative project underscores Canon’s ongoing commitment to fostering creativity and innovation across academic institutions.

    “At Canon, we believe that technology has the power to transcend boundaries, whether geographic, cultural, or academic,” said Shinya Fukuda, senior vice president, Corporate Planning and Communications, Canon U.S.A., Inc. “By supporting this cross-university collaboration, we’re proud to help equip the next generation of filmmakers and storytellers with the tools they need to not only share their unique perspectives but also to foster meaningful connections through creativity and innovation.”

    About Newhouse School at Syracuse University

    The S.I. Newhouse School of Public Communications at Syracuse University trains the next generation of communications leaders, preparing students to not only enter a rapidly changing media industry, but to shape its future. Called one of the “very best schools” in its field by the Accrediting Council on Education in Journalism and Mass Communications (ACEJMC) in a 2023 report, Newhouse has been lauded for providing an excellent educational experience due to its outstanding students, faculty, staff, leadership and facilities, as well as financial stability and a deep curriculum. Newhouse is committed to expanding academic excellence through research and creative activity, as well as community engagement and professional opportunities to help students develop their skill set outside the classroom.

    About Universidad del Sagrado Corazón

    The Universidad del Sagrado Corazón is the oldest educational project in Puerto Rico, founded in 1880. It is located in the heart of Santurce, in the capital city of San Juan. The university offers academic programs that foster innovative thinking and creativity, helping students develop into leaders across various industries. The Ferré Rangel School of Communication is the premier institution for media and communication studies in Puerto Rico and the Caribbean. Its graduates hold leadership roles in media and communication organizations both domestically and internationally. Learn more about the Ferré Rangel School of Communication at https://www.sagrado.edu/en/communications/

    About Canon U.S.A. Inc.

    Canon U.S.A. Inc. is a leading provider of consumer, business-to-business, and industrial digital imaging solutions to the United States and to Latin America and the Caribbean markets. With approximately $29.4 billion in global revenue, its parent company, Canon Inc. as of 2023 has ranked in the top-five overall in U.S. patents granted for 38 consecutive years†. Canon U.S.A. is dedicated to its Kyosei philosophy of social and environmental responsibility. To learn more about Canon, visit us at www.usa.canon.com and connect with us on LinkedIn at https://www.linkedin.com/company/canonusa.

    † Based on weekly patent counts issued by United States Patent and Trademark Office.

    1 Canon U.S.A., Inc. also provided limited financial support to the schools for the project.

    2 The views and opinions expressed in the documentary are the views and opinions of the makers thereof and do not reflect the views and opinions of Canon U.S.A.

    To learn more about the AMLOS solution, including requirements, technical specifications and compatibility information please contact your Canon Authorized Representative. Subscription to, purchase, and use of other Canon and third-party services and solutions required for set-up, sound, to see remote users, and other features. Subject to applicable Canon or third-party provider’s terms and conditions. Neither Canon Inc. nor Canon U.S.A., Inc. represents or warrants any third-party product, service, or feature referenced hereunder.

    Not responsible for typographical errors.

    Canon is a registered trademark of Canon Inc. in the United States and may also be a registered trademark or trademark in other countries. AMLOS, the AMLOS logo and Activate My Line of Sight are trademarks of Canon U.S.A., Inc. All referenced product names, and other marks, are trademarks of their respective owners.

    Contact info: Nicole Esan Niesan@cusa.canon.com

    The MIL Network –

  • MIL-OSI: Taglich Brothers Initiates Coverage of RYVYL Inc.

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Sept. 23, 2024 (GLOBE NEWSWIRE) — Taglich Brothers, Inc. announces that it has initiated coverage of RYVYL Inc. (NASDAQ: RVYL).

    RYVYL Inc., headquartered in San Diego, California, is a global financial payment processing technology organization that has developed applications in order to provide an end-to-end suite of turnkey financial products with enhanced security, data privacy, identity theft protection, and rapid speed to settlement. The technology platform can process high volumes of unchanged transactional records at the speed of the internet for first-tier partners, merchants, and consumers. The company provides private and white label licensing opportunities for its payment processing technology offerings.

    The complete 20-page report is available at https://taglichbrothers.com/

    Taglich Brothers, Inc. is a full-service broker dealer focused exclusively on microcap companies. The Company defines the microcap segment of the equity market as companies with less than $250 million in market capitalization. Taglich Brothers currently offers institutional and retail brokerage services, investment banking and comprehensive research coverage to the investment community.

    We do not undertake to advise you as to changes in figures or our views. This is not a solicitation of any order to buy or sell. Taglich Brothers, Inc. is fully disclosed with its clearing firm, Axos Clearing, LLC, is not a market maker and does not sell to or buy from customers on a principal basis. The above statement is the opinion of Taglich Brothers, Inc. and is not a guarantee that the target price for the stock will be met or that predicted business results for the company will occur. There may be instances when fundamental, technical and quantitative opinions contained in this report are not in concert. We, our affiliates, any officer, director or stockholder or any member of their families may from time to time purchase or sell any of the above-mentioned or related securities. Analysts and members of the Research Department are prohibited from buying or selling securities issued by the companies that Taglich Brothers, Inc. has a research relationship with, except if ownership of such securities was prior to the start of such relationship, then an Analyst or member of the Research Department may sell such securities after obtaining expressed written permission from Compliance. As of the date of this report, we, our affiliates, any officer, director or stockholder, or any member of their families do not have a position in the stock of the company mentioned in this report. Taglich Brothers, Inc. does not currently have an Investment Banking relationship with the company mentioned in this report and was not a manager or co-manager of any offering for the company within the last three years.

    All research issued by Taglich Brothers, Inc. is based on public information. In September 2024, the company paid Taglich Brothers a monetary fee of $9,000 (USD) representing payment for the creation and dissemination of research reports for three months. Three-months after publication of the initial report (January 2025), the company will begin paying Taglich Brothers a monthly monetary fee of $3,000 (USD) for the creation and dissemination of research reports for a minimum of twelve months after the date the initiation report is first published.

    Contact:
    Rick Oh
    Taglich Brothers, Inc.
    631-757-1500

    The MIL Network –

  • MIL-OSI: Bitget Introduces Multi-Asset Margin Mode for USDT-M Futures, Enhancing Capital Efficiency

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, Sept. 23, 2024 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, is excited to announce the launch of the USDT-M Futures in Multi-Asset Mode, available to all users starting on September 23, 2024, at 16:00 (UTC+8). This new feature allows users to trade USDT-margined futures by using non-USDT assets as margin, offering greater flexibility and capital efficiency.

    In single-asset margin mode, only USDT is used as collateral, whereas multi-asset margin mode allows users to leverage a variety of cryptocurrencies for USDT-M Futures trading. Bitget’s Multi-Asset Margin Mode now supports BTC, ETH, SOL, XRP, PEPE, USDC, BGB, and USDT as collateral. This means users can utilize their existing assets directly for margin trading without needing to convert them into USDT. Bitget will continue to update the list of supported assets as market conditions change, providing users with more trading options.

    “At Bitget, we are dedicated to offering top-tier trading solutions that meet the diverse needs of our users. The introduction of the Multi-Asset Margin Mode is a significant step toward enhancing our users’ trading experience, empowering them to maximize the utility of their assets while providing more flexibility in managing their portfolios. This is just one of many innovations we are implementing to improve the trading experience and deliver secure, efficient solutions for our expanding global community,” commented Gracy Chen, CEO of Bitget.

    To utilize the Multi-Asset Margin Mode on the Bitget platform, users simply need to follow a few steps. First, switch the margin mode to multi-asset in the margin section of the trading page. Next, by transferring coins from their spot account to the USDT-M Futures account as margin, users can adjust their leverage according to their risk tolerance and trading strategy.

    As one of the largest derivatives trading platforms in crypto, Bitget is renowned for its high liquidity, low fees, and stability, supporting over 300 cryptocurrencies. The futures trading volumes of major assets like BTC consistently rank Bitget among the top two in the industry. Additionally, to help users trade smarter, Bitget supports tools such as copy trading and AI bots in the derivatives market, enabling the optimization of trading strategies and the automation of trading operations.

    This new mode enhances the capital efficiency of users by allowing them to trade without needing to liquidate or convert their preferred cryptocurrencies. Bitget remains dedicated to continuous innovation and to meeting the demand for more flexible derivatives products, empowering its 45 million users to manage and diversify portfolios in a rapidly evolving market.

    For more information on Bitget Multi-Asset Margin Mode, please visit here.

    About Bitget
    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team).

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices may fluctuate and experience price volatility. Only invest what you can afford to lose. The value of your investment may be impacted and it is possible that you may not achieve your financial goals or be able to recover your principal investment. You should always seek independent financial advice and consider your own financial experience and financial standing. Past performance is not a reliable measure of future performance. Bitget shall not be liable for any losses you may incur. Nothing here shall be construed as financial advice. For more information, see our Terms of Use.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b6dd6544-cd36-43be-800d-bea2108c0800

    The MIL Network –

  • MIL-OSI: Intesa Sanpaolo is the World’s Leading Bank for Diversity and Inclusion in the 2024 “Ftse Diversity & Inclusion Index – Top 100”

    Source: GlobeNewswire (MIL-OSI)

    MILAN and TURIN, Italy, Sept. 23, 2024 (GLOBE NEWSWIRE) — Intesa Sanpaolo has been ranked the world’s leading bank among the 100 most inclusive and diversity-sensitive workplaces in the FTSE Diversity & Inclusion Index – Top 100, the FTSE Russel (formerly Refinitiv) international index. The Group ranks seventh globally among all companies, and is the leading banking group worldwide as well as the only Italian bank in the index.

    The analysis by FTSE Russell assesses more than 15,500 listed companies worldwide, using 24 parameters that fall into four key categories: gender diversity, inclusion, people development and controversies. FTSE Russell is a leading global provider of benchmarking, analytics and data solutions.

    Inclusion in the FTSE Diversity & Inclusion Index – Top 100 underlines the commitment of Intesa Sanpaolo, led by CEO Carlo Messina, to promoting diversity and inclusion as essential components for growth. It also reflects the Group’s commitment to promoting an inclusive workplace, that welcomes and values all forms of diversity, supported by a process of continuous measurement, evaluation and enrichment of the results obtained.

    “Society, the business world, and especially the banking sector are experiencing rapid, transformative changes driven by new technologies.

    “At Intesa Sanpaolo, we believe that the human factor – the talent and dedication of our people – is more important than ever to face these new realities. That’s why we invest significant effort, resources, and innovative programs in our employees, aimed at building a bank that nurtures the best talents with a focus on inclusivity and appreciation for the richness of human capital in terms of gender and other forms of diversity.

    “This recognition from such a prestigious index is both an honor and an encouragement to keep advancing in this direction.”

    Carlo Messina, CEO of Intesa Sanpaolo

    Media Relations Intesa Sanpaolo
    international.media@intesasanpaolo.com

    Intesa Sanpaolo
    Intesa Sanpaolo, with over €422 billion in loans and €1.35 trillion in customer financial assets at the end of June 2024, is the largest banking group in Italy, with a significant international presence. It is a European leader in wealth management, with a strong focus on digital and fintech. The Group will provide €115 billion of Impact lending by 2025 to support communities and the green transition, together with a €1.5 billion program (2023-2027) to help people in need. The Bank’s network of museums, the Gallerie d’Italia, hosts its owned artistic heritage and cultural projects of recognized value.

    News: group.intesasanpaolo.com/en/newsroom
    X: @intesasanpaolo

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2b0c50f6-2842-48f3-9bc4-979813f4d7b6

    The MIL Network –

  • MIL-OSI China: China vows to strengthen elderly care services

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

    BEIJING, Sept. 23 — China’s Ministry of Civil Affairs has pledged to further strengthen the country’s elderly care services to cope with the aging population.

    Minister Lu Zhiyuan told a press conference on Monday that the ministry will work to put in place a three-tiered facility network for elderly care services that connects counties (districts), townships (subdistricts), and villages (communities).

    Lu said that in order to optimize the service supply structure, community-based elderly care institutions will be strengthened and nurtured. These institutions will provide meal assistance, medical assistance and emergency assistance, as part of their home-based aged care programs, thus solidifying the foundational role of home-based elderly care.

    Community-based elderly care services such as senior dining halls and rehabilitation care will also be improved, said Lu. He also added that the ministry will strengthen the professional support role of institutional elderly care by promoting innovation in elderly care institutions, and providing training in service skills.

    To strengthen the elderly care industry, Lu said efforts will be made to support and cultivate professional, branded and chain-operated elderly care market entities, expand elderly care service consumption, and further develop the silver economy.

    The ministry will also step up the oversight of elderly care services, Lu added, highlighting efforts to improve rules and regulations and formulate standards.

    MIL OSI China News –

  • MIL-OSI: Top KingWin Announces Update to Supply Chain Business – Tuoxun Technology (Shenzhen) Co., Ltd. Signs A Letter of Intent with Top KingWin’s Subsidiary, Guji Technology (Shenzhen) Co., Ltd.

    Source: GlobeNewswire (MIL-OSI)

    GuangZhou, China, Sept. 23, 2024 (GLOBE NEWSWIRE) — Top Kingwin Ltd (the “Company”) (NASDAQ – TCJH) announced today that its subsidiary, Guji Technology (Shenzhen) Co., Ltd. (“Guji Technology”) signed a nonbinding letter of intent (“LOI”) with Tuoxun Technology (Shenzhen) Co., Ltd. (“Tuoxun Technology”), for the potential sale of 1,000 units of Lenovo Think System SR588/860 servers to Tuoxun Technology. The term of the LOI is one year from September 30, 2024 to September 29, 2025, and the parties may not enter into any definitive purchase agreement. The final purchase price will be decided based on the listed market price and the minimum market price for the product to be set forth in a definitive purchase agreement.

    Guji Technology’s hardware supply chain business continues to expand, covering areas such as servers, integrated circuits and tablet computers. By continuously growing its market share in supply chain products, Guji Technology plans to enhance its reputation in the market.

    Guji Technology CEO Wei Dai commented: “With the rising demand for data processing, providing robust servers has become a key part of our supply chain business. By supplying these servers to Tuoxun Technology, we are expanding our market share in supply chain products.”

    Guji Technology remains committed to providing hardware supply to its customers to meet the growing demands. Looking ahead, Guji Technology plans to continue to deepen its partnerships within the industry and further expand its market presence in hardware supply chain.

    About Top KingWin Ltd

    Top KingWin’s main clients are entrepreneurs and executives in small and medium-sized enterprises in China. Services provided by Top KingWin to its clients including (i) corporate business training services, which mainly focus on providing training services of advanced knowledge and new perspectives on the capital markets, (ii) corporate consulting services, which mainly focus on providing a combination of customized corporate consulting services to fulfill client’s unique financial needs, and (iii) advisory and transaction services, which mainly focus on connecting entrepreneurs and businesses with diversified sources of capital. Its mission is to provide comprehensive services to address clients’ needs throughout all phases of their development and growth.

    Forward-Looking Statements

    This press release contains forward-looking statements. All statements other than statements of historical fact in this press release are forward-looking statements, including but not limited to, the use of proceeds from the Company’s offering, the intent, belief or current expectations of Top KingWin and members of its management, as well as the assumptions on which such statements are based. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update 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 you that such expectations will turn out to be correct, and 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 in its other filings with the SEC.

    For more information, please contact:

    Bonnie

    Email: IR@tcjhgw.cn

    SOURCE: Top Kingwin Ltd

    The MIL Network –

  • MIL-OSI: 38/2024・Trifork Group AG – Financial Calendar 2025

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 38 / 2024
    Schindellegi, Switzerland – 23 September 2024


    Trifork Group – Financial Calendar 2025

    Trifork today publishes its financial calendar for 2025.

    Q4 and Annual Report 2024 28 February 2025
    Annual General Meeting 2025 15 April 2025
    Q1 Report 2025 6 May 2025
    Q2 & Half-Year Report 2025 19 August 2025
    Q3 Report 2025 31 October 2025

    Contact
    Frederik Svanholm, Group Investment Director & Head of IR
    frsv@trifork.com, +41 79 357 7317


    About Trifork Group      
    Trifork is a globally pioneering technology partner to its enterprise and public sector customers. The group has 1,273 employees across 74 business units in 15 countries. Trifork works in six business areas: Digital Health, FinTech, Smart Building, Smart Enterprise, Cloud Operations, and Cyber Protection. Trifork’s research and development takes place in Trifork Labs, where Trifork continuously invests in and develops technology companies. Trifork owns and operates the software conference brands GOTO and YOW! and the global GOTO tech community with more than one million online subscribers and 72 million video views. Trifork Group AG is a publicly listed company on Nasdaq Copenhagen. Learn more at trifork.com.

    Attachment

    The MIL Network –

  • MIL-OSI Translation: Bridging the gaps: Two national networks get $10 million for women’s heart and brain health research

    MIL OSI Translation. Canadian French to English –

    Source: Government of Canada – in French 1

    Press release

    Research will help reduce and prevent deaths and serious illnesses from heart disease and stroke in women

    September 23, 2024 | Ottawa, Ontario | Canadian Institutes of Health Research

    Heart disease and stroke are associated with unique symptoms and risk factors in women that are understudied and poorly understood. This is a significant gap, which is why the government is investing new funding in women’s heart and brain health to ensure women have access to the quality care they need.

    Today, the Honourable Mark Holland, Minister of Health, announced a $10 million investment from the Government of Canada and its partners, the Heart and Stroke Foundation of Canada and Brain Canada, to establish two national research networks in women’s heart and brain health.

    One network will be led by Dr. Rohan D’Souza of McMaster University, whose team will foster collaboration across Canada to reduce death and serious illness associated with heart conditions during and between pregnancies, and the other by Dr. Amy Yu of Sunnybrook Research Institute, whose team will work to improve stroke assessment, diagnosis and outcomes for women across the country.

    Each network will receive $5 million over five years to elucidate risk factors for heart and brain disorders in women and improve the diagnosis and treatment of conditions that affect women more than men or that are understudied.

    Quotes

    “We know that women are affected differently or disproportionately by certain health conditions like heart disease and stroke, but these conditions remain understudied and poorly understood. By investing in these research networks, we can address persistent gaps in knowledge, practice and policy related to women’s cardiovascular health, ensuring that women from coast to coast to coast have access to the care they need.”

    The Honourable Mark HollandMinister of Health

    “The intersectional approach taken by these Networks of Research Excellence is a real asset, as it will help to identify how women’s heart and brain health differs based on social factors, including Indigenous identity, race and sexual orientation, and how social processes, such as racism, sexism and homophobia, impact health risks and outcomes. This type of research is essential to informing precision medicine in a way that can actually improve women’s care and save lives.”

    Dr. Angela KaidaScientific Director, CIHR Institute of Gender and Health

    “Our Foundation is proud to encourage innovation and discovery in women’s heart and brain health by contributing to the work of these national networks. It is well known that some heart and brain conditions are more common in women than men, and heart disease and stroke can manifest differently in women and men. We are excited that this new research will look at the different stages of women’s lives and consider additional factors such as gender, racial identity, disability and social economy. These new research networks will add to the evidence base in this area, which we can then use to save lives.”

    Doug RothChief Executive Officer, Heart and Stroke Foundation of Canada

    “Brain Canada is Canada’s only research funding organization dedicated entirely to the brain, making its commitment to advancing the science of sex and gender a significant one. We are pleased to match the Heart and Stroke Foundation of Canada’s $2.4 million investment in Canada’s first research network dedicated to the study of women and cardiovascular health. This research aims to determine why stroke affects women differently than men, and to identify differences in treatment, access to rehabilitation care and risk of recurrence. The results will help inform the development of new therapies and improve women’s recovery after stroke.”

    Dr. Viviane PouponPresident and CEO, Brain Canada Foundation

    Quick Facts

    This type of research is essential because some risk factors associated with brain and heart disorders in women are poorly understood, not only by women themselves, but also by health professionals and the general population. Risk factors that deserve further study include those related to the use of oral contraceptives, gestational diabetes, pregnancy-related disorders, preterm birth, premature menopause, hormone replacement therapy and polycystic ovary syndrome.

    There is a persistent lack of knowledge and understanding regarding the heart and brain health of women, transgender, non-binary, intersex, two-spirited and gender-marginalized people, as most research has traditionally focused on the heart and brain of men.

    “Women’s health” is an evolving concept that broadly considers the multidimensional aspects of sex and gender. It refers to physical, biological, reproductive, psychological, emotional, cultural, and spiritual health and well-being across the life course, in the context of the unique concerns that affect our bodies, roles, social situations, and identities. Far from being limited to the binary conception of sex and gender, it considers the experiences and needs of all people who identify as women, girls, intersex, and/or underrepresented gender identities, including but not limited to Two-Spirit, trans, non-binary, gender fluid, and agender people.

    Related products

    Related links

    Contact persons

    Matthew KronbergPress SecretaryOffice of the Honourable Mark HollandMinister of Health343-552-5654

    Media RelationsCanadian Institutes of Health Researchmediarelations-relationsaveclesmedias@cihr-irsc.gc.ca

    Alicia D’AguiarHeart and Stroke Foundation of Canadaalicia.daguiar@heartandstroke.ca647-426-8410

    Kate ShinglerBrain Foundation Canadakate.shingler@braincanada.ca514-550-8308

    THECanadian Institutes of Health Research(CIHR) know that research has the power to change lives. As the federal agency responsible for investing in health research, they work with partners and researchers to support discoveries and innovations that improve the health of Canadians and Canada’s health care system.

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

    MIL Translation OSI

  • MIL-OSI Canada: Closing the gap: Two national networks secure $10M in funding for women’s heart and brain health research

    Source: Government of Canada News

    News release

    Research will shed light on how to reduce and prevent death and serious illness from heart conditions and stroke in women

    September 23, 2024 | Ottawa, Ontario | Canadian Institutes of Health Research

    Women experience distinct heart disease and stroke symptoms and risk factors that remain under-researched and misunderstood. With these new investments, we’re closing the gap and moving toward a future where all women receive the high-quality heart and brain health care they need.

    Today, the Honourable Mark Holland, Minister of Health, announced that the Government of Canada and partners, Heart & Stroke and Brain Canada, are investing $10M to establish two new national research networks for women’s heart and brain health.

    The networks will be led by Dr. Rohan D’Souza at McMaster University, whose team will create a Canada-wide collaboration aimed at reducing deaths and serious illness from heart conditions during and between pregnancies, and Dr. Amy Yu at the Sunnybrook Research Institute whose team will work on improving evaluation, diagnosis, and outcomes of stroke in women across Canada.

    Each network will receive $5M in funding over five years to better understand women’s risk factors for heart and brain conditions and to improve the diagnosis and treatment of conditions more common among women or that are less well studied.

    Quotes

    “We know that women can have conditions that affect them disproportionately or differently, like heart disease and stroke, but these conditions remain under-researched and misunderstood. By investing in these research networks, we can fill persistent knowledge, practice and policy gaps in women’s heart and stroke health – so women across Canada can get the care they need.”

    The Honourable Mark Holland
    Minister of Health

    “A strength of the Research Networks of Excellence is the intersectional approach being used to examine how women’s heart and brain health differ by social factors including Indigeneity, race and sexual orientation, as well as how social processes like racism, sexism and homophobia may further shape risk and health outcomes. This type of research is necessary to inform precision medicine approaches to greatly improve women’s care and save lives.”

    Dr. Angela Kaida
    Scientific Director, CIHR Institute of Gender and Health

    “Heart & Stroke is proud to accelerate advances through these national networks to drive new knowledge and innovation in women’s heart and brain health. Certain types of heart and brain conditions are more common in women, and women can be impacted differently by heart disease and stroke. We are excited that this new research will reflect the various life stages women go through and will include additional considerations for gender and racial identity, disability and social economics. These new research networks will allow us to further develop and use research evidence in women’s heart and brain health, and ultimately help save more lives.”

    Doug Roth
    CEO, Heart & Stroke

    “As Canada’s only research funder focused exclusively on the brain, we are committed to advancing sex and gender science. Brain Canada is pleased to match the $2.4-million investment by Heart & Stroke in the first Canadian research network dedicated to the study of women and stroke. This research examines why stroke affects women differently than men, and identifies variations in treatment, access to rehabilitation, and risk of recurrent stroke. Findings will lead to new therapies and improved stroke recovery for women.”

    Dr. Viviane Poupon
    President and CEO, Brain Canada

    Quick facts

    • This type of research is crucial, as some risk factors for brain and heart conditions in women are under-recognized, not only by women themselves, but by health care professionals and the general public, including risk factors related to the use of oral contraceptives, gestational diabetes, disorders related to pregnancy, pre-term delivery, premature menopause, hormone replacement therapy and polycystic ovary syndrome, among others.

    • There is a persistent lack of awareness and understanding around the heart and brain health of women, transgender, non-binary, intersex, Two-Spirit and people marginalized on the basis of their gender, as historically most research has focused on men’s hearts and brains.

    • The use of the term “women’s health” reflects an evolving concept, broadly including the multidimensional concepts of sex and gender. It refers to physical, biological, reproductive, psychological, emotional, cultural, and spiritual health and wellness across the lifespan in the context of the unique intersecting concerns related to bodies, roles, social locations, and identities. This goes beyond sex and gender binaries and welcomes the experiences and needs of all people who identify as a woman, girl, intersex and/or under-represented gender identity, including but not limited to Two-Spirit, trans, non-binary, gender fluid and agender people.

    Related products

    Associated links

    Contacts

    Matthew Kronberg
    Press Secretary
    Office of the Honourable Mark Holland
    Minister of Health
    343-552-5654

    Media Relations
    Canadian Institutes of Health Research
    mediarelations@cihr-irsc.gc.ca

    Alicia D’Aguiar
    Heart & Stroke
    alicia.daguiar@heartandstroke.ca
    647-426-8410

    Kate Shingler
    Brain Canada
    kate.shingler@braincanada.ca
    514-550-8308

    At the Canadian Institutes of Health Research (CIHR) we know that research has the power to change lives. As Canada’s health research investment agency, we collaborate with partners and researchers to support the discoveries and innovations that improve our health and strengthen our health care system.

    MIL OSI Canada News –

  • MIL-OSI United Kingdom: Winter Fuel Payment cut a shameful political choice

    Source: Scottish Greens

    23 Sep 2024 Economy Finance

    Maggie Chapman MSP reacts to Rachel Reeves’ conference speech

    More in Economy

    The Winter Fuel Payment cut is the political choice of a Labour Chancellor who is refusing to break from Tory economics, says the Scottish Greens social security spokesperson, Maggie Chapman MSP.

    This follows a Labour conference speech by Rachel Reeves that doubled down on the punishing cut.

    Ms Chapman said:

    “The Chancellor promised people across the UK that there would be no return to austerity, but having listened to her conference speech, I am not sure she knows what that means.

    “She said she had no choice except to cut the Winter Fuel Payment because there wasn’t enough money for it. But she could make different choices: she could raise taxes on the biggest corporations or the wealthiest people.

    “Only this morning, Labour doubled down on nuclear weapons. She could choose to use the billions she is spending on weapons of mass killing to support families being plunged into poverty. She could stop public subsidies going to arms companies to make bullets and bombs being used in genocide.

    “The cut is an entirely political choice, and so is the suffering and death that will be its consequence. The Chancellor would clearly rather punish pensioners than stand up to her wealthy donors. It was a shameful decision, and it was astonishing to hear Labour members and MPs applauding as she tried to defend it.

    “For 14 years, people all across our country have suffered through Tory austerity, and, in July, they were told that they were voting for change. Many hoped this would be the end of the pain. But in reality, it’s just the next chapter of austerity, this time being written by Rachel Reeves and Sir Keir Starmer.”

    MIL OSI United Kingdom –

  • MIL-OSI: Infrastructure Dividend Split Corp. Class A Distributions

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Sept. 23, 2024 (GLOBE NEWSWIRE) — Infrastructure Dividend Split Corp. (TSX:IS) (the “Fund”) is pleased to announce that a distribution for September 2024 will be payable to Class A shareholders as follows:

    Record Date Payable Date Distribution Per
    Preferred Share
    September 30, 2024 October 15, 2024 $0.125
         

    The equity shares trade on the Toronto Stock Exchange under the symbol IS.

    Middlefield

    Founded in 1979, Middlefield is a specialist equity income asset manager with offices in Toronto, Canada and London, England. Our investment team utilizes active management to select high-quality, global companies across a variety of sectors and themes. Our product offerings include proven dividend-focused strategies that span real estate, healthcare, innovation, infrastructure, energy, diversified income and more. We offer these solutions in a variety of product types including ETFs, Mutual Funds, Closed-End Funds, Split-Share Funds and Flow-through LPs.

    For further information, please visit our website at www.middlefield.com or contact Nancy Tham in our Sales and Marketing Department at 1.888.890.1868.

    This press release contains forward-looking information. The forward-looking information contained in this press release is based on historical information concerning distributions and dividends paid on the securities of issuers historically included in the portfolio of the Fund. Actual future results, including the amount of distributions paid by the Fund, may differ from the monthly distribution amount. Specifically, the income from which distributions are paid may vary significantly due to: changes in portfolio composition; changes in distributions and dividends paid by issuers of securities included in the Fund’s portfolio from time to time; there being no assurance that those issuers will pay distributions or dividends on their securities; the declaration of distributions and dividends by issuers of securities included in the portfolio will generally depend upon various factors, including the financial condition of each issuer and general economic and stock market conditions; the level of borrowing by the Fund; and the uncertainty of realizing capital gains.  The risks, uncertainties and other factors that could influence actual results are described under “Risk Factors” in the Fund’s prospectus and other documents filed by the Fund with the Canadian securities regulatory authorities. The forward-looking information contained in this press release constitutes the Fund’s current estimate, as of the date of this press release, with respect to the matters covered hereby. Investors and others should not assume that any forward-looking statement contained in this press release represents the Fund’s estimate as of any date other than the date of this press release.

    The MIL Network –

  • MIL-OSI: Real Estate Split Corp. Class A and Preferred Distributions

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Sept. 23, 2024 (GLOBE NEWSWIRE) — Real Estate Split Corp. (TSX: RS and RS.PR.A) is pleased to announce that a distribution for September 2024 will be payable to Class A shareholders as follows:

    Record Date Payable Date Distribution Per Equity Share
    September 30, 2024 October 15, 2024 $0.13

    The Fund also announces that the third quarter distribution of 2024 will be payable to preferred shareholders as follows:

    Record Date Payable Date Distribution Per Preferred Share
    September 30, 2024 October 15, 2024 $0.13125


    The equity and preferred shares both trade on the Toronto Stock Exchange under the respective symbols RS and RS.PR.A.

    Middlefield

    Founded in 1979, Middlefield is a specialist equity income asset manager with offices in Toronto, Canada and London, England. Our investment team utilizes active management to select high-quality, global companies across a variety of sectors and themes. Our product offerings include proven dividend-focused strategies that span real estate, healthcare, innovation, infrastructure, energy, diversified income and more. We offer these solutions in a variety of product types including ETFs, Mutual Funds, Closed-End Funds, Split-Share Funds and Flow-through LPs.

    For further information, please visit our website at www.middlefield.com or contact Nancy Tham in our Sales and Marketing Department at 1.888.890.1868.

    This press release contains forward-looking information. The forward-looking information contained in this press release is based on historical information concerning distributions and dividends paid on the securities of issuers historically included in the portfolio of the Fund. Actual future results, including the amount of distributions paid by the Fund, may differ from the monthly distribution amount. Specifically, the income from which distributions are paid may vary significantly due to: changes in portfolio composition; changes in distributions and dividends paid by issuers of securities included in the Fund’s portfolio from time to time; there being no assurance that those issuers will pay distributions or dividends on their securities; the declaration of distributions and dividends by issuers of securities included in the portfolio will generally depend upon various factors, including the financial condition of each issuer and general economic and stock market conditions; the level of borrowing by the Fund; and the uncertainty of realizing capital gains.  The risks, uncertainties and other factors that could influence actual results are described under “Risk Factors” in the Fund’s prospectus and other documents filed by the Fund with the Canadian securities regulatory authorities. The forward-looking information contained in this press release constitutes the Fund’s current estimate, as of the date of this press release, with respect to the matters covered hereby. Investors and others should not assume that any forward-looking statement contained in this press release represents the Fund’s estimate as of any date other than the date of this press release.

    The MIL Network –

  • MIL-OSI: Fijoya Selects the Tendo Marketplace to Offer Modular, Cost-Effective Employee Health Benefits

    Source: GlobeNewswire (MIL-OSI)

    PHILADELPHIA, Sept. 23, 2024 (GLOBE NEWSWIRE) — Tendo announced today a new partnership with Fijoya, a leading employee benefits platform. This collaboration combines Tendo’s Marketplace with Fijoya’s end-to-end modular solution, streamlining healthcare for providers and employees seeking care. The integration simplifies administration and delivers a value-focused solution for employers by combining quality, convenience, and affordability.

    Fijoya’s platform consolidates thousands of health and wellness benefits into a single, user-friendly solution. By incorporating Tendo’s Care Connect Marketplace, Fijoya will enhance employee experiences with transparent, predictable pricing for healthcare services. Employees can now purchase and schedule care with all-in pricing, reducing the complexity of navigating healthcare.

    “Joining forces with Tendo allows us to further streamline healthcare for employers,” said Sagi Polani, co-founder and Chief Product Officer at Fijoya. “Together, we’re delivering transparent, cost-effective solutions that benefit employers and their workforces.”

    The Tendo Care Connect Marketplace offers guaranteed, fully bundled rates, streamlining direct contracting for episodes of care. These pre-negotiated contracts provide employers with 20-40% savings on healthcare services, helping them reduce overall healthcare expenses while offering robust benefits options. Care Connect offers a broad range of services across hospitals, surgery centers, imaging, PT, and labs spanning 30+ specialties as a one stop shop.

    “This partnership helps employers enhance their benefits by providing easy access to high-quality, convenient, and affordable healthcare in a simplified shoppable experience,” said Ben Maisano, SVP, Head of Strategy at Tendo.

    About Tendo

    Tendo, a software company recognized as one of Forbes America’s Best Startup Employers for 2024, is reimagining what is possible in healthcare.

    Founded by siblings Dan Goldsmith and Jennifer Goldsmith, the company works with leading health systems to deliver exceptional patient experiences, better clinical outcomes, and greater efficiency for patients, clinicians, and caregivers. Tendo’s solutions bring continuity to healthcare’s complex and disconnected landscape and insights to improve quality, health, and financial outcomes. With the recent acquisition of MDsave, Tendo is now able to offer patients a comprehensive platform to easily search, schedule, pay for, and manage healthcare services with transparent pricing. Learn more at www.tendo.com and www.mdsave.com.

    About Fijoya

    Fijoya is an employee health benefits platform designed to free employers from vendor fatigue with a modular, end-to-end solution for cost-effective and attractive benefits. The platform consolidates thousands of health and wellness benefits into a single, easily-customizable platform, reducing the need for multiple vendor contracts. Fijoya provides flexibility and zero administration, offering both existing and new benefits through a plug-and-play solution. Employees can use their funds as they see fit, guided by an AI-based recommendation engine to browse and pay for personalized health and wellness benefits.

    Media Inquiries
    Carly Ray
    Senior Director, Marketing
    Tendo
    Email: carly@tendo.com

    The MIL Network –