Category: Economy

  • MIL-OSI: Music Licensing, Inc. (OTC: SONG) Announces Plans to Engage PCAOB-Registered Audit Firm for Annual Audits and Future Financial Statement Reviews

    Source: GlobeNewswire (MIL-OSI)

    NAPLES, FL, July 02, 2025 (GLOBE NEWSWIRE) — Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, a diversified holding company and the fifth public performance rights organization (PRO) established in the United States, today announced that it is actively pursuing the engagement of a Public Company Accounting Oversight Board (PCAOB)-registered audit firm to conduct annual audits and provide ongoing reviews of its financial statements.

    This initiative marks a significant step in strengthening the company’s financial reporting infrastructure and reinforces its long-term commitment to transparency, regulatory compliance, and best practices in corporate governance. The company believes that the engagement of a PCAOB-registered firm will provide independent assurance regarding the accuracy and completeness of its financial disclosures, while supporting future strategic and capital markets initiatives.

    By establishing an annual audit process under PCAOB standards, the company aims to enhance investor confidence, meet the expectations of institutional stakeholders, and better position itself for continued growth.

    Music Licensing, Inc. licenses music to many of the world’s leading platforms and businesses, including TikTok, iHeartMedia, Triller, Napster, 7Digital, and Vevo. The company holds an estimated 7.4% share of the U.S. public performance rights market and represents a catalog of more than 2.5 million musical works by prominent artists such as A$AP Rocky, Pharrell, Wiz Khalifa, Nipsey Hussle, Lil Uzi Vert, and many others—including works created using artificial intelligence (AI).

    In addition, the company maintains royalty interests in Listerine “Mouthwash” Antiseptic and an extensive portfolio of musical works by internationally acclaimed artists including The Weeknd, Justin Bieber, Kanye West, Elton John, Rihanna, Lil Nas X, and more.

    Further details will be announced as the company finalizes its selection of an independent PCAOB-registered auditor.

    About Music Licensing, Inc. (OTC: SONG) (ProMusicRights.com)

    About Music Licensing, Inc. (OTC:SONG)  (ProMusicRights.com)

    Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, is a diversified holding company and the fifth public performance rights organization (PRO) established in the United States. It is recognized under the federal registry of the United States government. The company licenses music to some of the most prominent platforms and businesses, including TikTok, iHeartMedia, Triller, Napster, 7Digital, Vevo, and many others.

    Pro Music Rights holds an estimated 7.4% market share in the United States, representing a catalog of more than 2.5 million works by notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBagg Yo, Larry June, Trae Pound, Sauce Walka, Trae Tha Truth, Sosamann, Soulja Boy, Lex Luger, Trauma Tone, Lud Foe, SlowBucks, Gunplay, OG Maco, Rich The Kid, Fat Trel, Young Scooter, Nipsey Hussle, Famous Dex, Boosie Badazz, Shy Glizzy, 2 Chainz, Migos, Gucci Mane, Young Dolph, Trinidad James, Chingy, Lil Gnar, 3OhBlack, Curren$y, Fall Out Boy, Money Man, Dej Loaf, Lil Uzi Vert, and many others, including works generated by artificial intelligence (AI).

    Additionally, Music Licensing, Inc. (OTC: SONG) holds royalty interests in Listerine “Mouthwash” Antiseptic and a vast portfolio of musical works by globally renowned artists, including The Weeknd, Justin Bieber, Kanye West, Elton John, Mike Posner, blackbear, Lil Nas X, Lil Yachty, DaBaby, Stunna 4 Vegas, Miley Cyrus, Lil Wayne, XXXTentacion, BlueFace, The Game, Jeremih, Ty Dolla $ign, Eric Bellinger, Ne-Yo, MoneyBagg Yo, Halsey, Desiigner, DaniLeigh, Rihanna, and many others.

    Forward-Looking Statements:

    This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Music Licensing, Inc. & Pro Music Rights, Inc. to accomplish its stated plan of business. Music Licensing, Inc. & Pro Music Rights, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Pro Music Rights, Inc., Music Licensing, Inc., or any other person.

    Non-Legal Advice Disclosure:

    This press release does not constitute legal advice, and readers are advised to seek legal counsel for any legal matters or questions related to the content herein.

    Non-Investment Advice Disclosure:

    This communication is intended solely for informational purposes and does not in any way imply or constitute a recommendation or solicitation for the purchase or sale of any securities, commodities, bonds, options, derivatives, or any other investment products. Any decisions related to investments should be made after thorough research and consultation with a qualified financial advisor or professional. We assume no liability for any actions taken or not taken based on the information provided in this communication

    Contact: investors@ProMusicRights.com

    SOURCE: Music Licensing, Inc

    The MIL Network

  • MIL-OSI: MEC Ecosystem Officially Launches in Bangkok Unveils MEC Token and Full Web3 Suite with Global Guests and 40000-Strong Community

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, July 02, 2025 (GLOBE NEWSWIRE) — The MEC Ecosystem has officially launched its digital infrastructure and introduced the MEC Token, a utility-focused asset that serves as the core of a newly developed blockchain-powered ecosystem. The launch event, held in Bangkok, welcomed over 1,000 participants including technology professionals, entrepreneurs, and blockchain enthusiasts from Asia, Europe, and North America.

     

    Introduction of MEC Token

    Now live on the BNB Smart Chain (BSC), the MEC Token plays a central role in the network’s operations, enabling key functions across the MEC platforms. It is designed to support transaction activities, community governance, access privileges, and incentive mechanisms throughout the ecosystem.

    Key functions of the MEC Token include:

    • Facilitating trading, staking, and reward distribution
    • Providing access to premium features and tools
    • Supporting referral mechanisms and liquidity growth
    • Allowing token holders to participate in governance decisions

    With a community of over 40,000 members, the token launch sets the foundation for a scalable and use-case-driven blockchain environment.

     

    Three Core Platforms Now Live

    The event also marked the launch of MEC’s primary platforms, including:

    • Miyi Exchange – A hybrid exchange platform offering streamlined order routing and a combined on-chain/off-chain architecture
    • MAT (Micro Alpha Trading) – A quantitative trading solution developed to accommodate both retail and institutional users
    • MecFarm – A blockchain-based GameFi platform integrating real-world incentives with gamified DeFi features

    A representative from MEC stated, “The launch of MEC is a step toward realizing a more interconnected digital ecosystem where tools for trading, gaming, and asset management are integrated in one framework.”

    Global Launch Highlights

    The Bangkok event included participation from international community members, ecosystem supporters, and digital innovators. Keynotes, live demos, and panel discussions covered the role of MEC in the broader Web3 landscape, as well as upcoming roadmap developments.

    Roadmap and Next Steps

    Future phases of the MEC Ecosystem will include:

    • Introduction of staking and reward distribution programs
    • Formation of strategic alliances within the DeFi and Web3 sectors
    • Expansion into cross-chain interoperability, real-world assets (RWAs), and NFT integrations
    • Listing on additional centralized and decentralized exchanges

    Join the MEC Community

    MEC invites interested individuals and organizations to explore its platforms and engage with its community:

    Website: www.mec-eco.info 
    Facebook: https://www.facebook.com/mececosystem2022  
    Twitter/X: https://x.com/MecEcosystem22 
    Telegram: https://t.me/mececosystem 
    YouTube: https://www.youtube.com/@MecEcosystem 
    Discord: https://discord.com/invite/qXpA2CVp 

    About MEC Ecosystem

    MEC Ecosystem is a Web3 technology initiative focused on building an integrated digital economy powered by blockchain. Its ecosystem includes trading infrastructure, algorithmic trading tools, and blockchain-enabled gaming platforms. MEC’s mission is to create a multi-utility environment where users can seamlessly access decentralized finance, digital assets, and community governance features through a single token economy.

    Media Contact

    Organization: MEC Ecosystem

    Contact Person Name: Leon Yue

    Website: https://www.mec-eco.info

    Email: support@mec-eco.info

    Disclaimer: This press release is provided by MEC Ecosystem. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/95eeaea4-2e53-49d3-b32f-d88a4e519172
    https://www.globenewswire.com/NewsRoom/AttachmentNg/97ae2c6d-58b1-4e65-af5b-d1e02f57c207

    The MIL Network

  • MIL-OSI Video: UN80 updates – Presser by Under-Secretary-General for Policy | United Nations

    Source: United Nations (video statements)

    Press Conference by Guy Ryder, the Under-Secretary-General for Policy on the updates on UN80.

    The Chair of the UN80 Task Force, Guy Ryder, today (1 Jul) said, the “really substantive” and “policy-focused” part of the UN 80 initiative, will be the mandate implementation review, which will look into nearly 4,000 mandate documents underpinning the UN Secretariat’s work.

    Briefing correspondents in New York on updates on the UN80 Initiative, Ryder said, “we have a very heavy corpus, stock of mandates in the form of resolutions and decisions from previous years and decades, which it makes sense for us to subject to detailed scrutiny, not least because they result in a very heavy load of meetings, of reports being produced, make demands both of the Secretariat and of Member States, which merits looking at with a view to improving the way that we organize our work.”

    The Under-Secretary-General for Policy said, “if you have a look at the, the organigram of the UN system, you do find quite a baroque architecture. There’s a lot of entities. They’ve grown over the years in an accretional, in an incremental way. Structures are never easy to change once they’re in place, but it does seem sensible to subject this architecture to detailed scrutiny.”

    He said the UN 80 initiative “is the United Nations and the Secretary-General responding to the totality of our circumstances, political circumstances, financial circumstances certainly, but also, I think, circumstances in which the effectiveness of multilateralism is up for scrutiny.”

    Ryder said, “the idea is to bring the United Nations out of this process, in these rather turbulent times, in better shape, stronger in a position to confront the challenges of today and tomorrow more effectively,” adding that in the end, “this will be the measure of the success of the initiative, able to have greater impact for the people, eventually.

    He said, “there are some Member States, particularly those who I think invest and contribute substantially to the system, who are encouraging the Secretary-General to boldness and ambition. They want to see this process bring significant change and improvement in the system. But I think it’s fair to say as well that there is another body of opinion amongst Members who urge a certain degree of caution.”

    Ryder said, “we recognize that we have a difficult task of untangling the undergrowth of decisions and resolutions and mechanisms that we put in place to implement them,” and noted that “a similar review undertaken 20 years ago ran rather quickly into the sand. It did not produce the results that were hopeful and expected at that time.”

    He said he hoped this time around, “we can avoid some of the pitfalls.”

    The UN80 Chair said, “it’s quite clear that we can reach the targets that have been set, but I think what is important in the process of review that the Secretary- General is now engaging in, is that it will not result in a 20 percent – can I use a phrase? – haircut across every department. It is not a one-size-fits-all solution. Rather, the Secretary- General is reviewing the inputs. He will make his determinations on where he believes certain services, certain activities, need to be – the word I could use is protected or not subject to the full rigor of a 20 percent cuts. Those where a greater effort might be called for.”

    He said, “what we’re not trying to do is pick off one mandate, because it’s expensive or in view of its resource implications. We are trying to have a more methodical, systemic review of mandates as a whole. The corpus of mandates, identify where duplications and redundancies may exist, where we can, approach implementation in a more rational, streamlined way and produce the types of proposals that we hope Member States will give favourable consideration to.”

    The UN80 Task Force will present its proposals to the Secretary-General, who has already indicated the first areas where outcomes are expected. A working group on efficiencies in the UN Secretariat, led by Under-Secretary-General Catherine Pollard, delivered initial proposals at the end of June, and a report on the mandate implementation review will follow at the end of July.

    This work under the first two workstreams will help inform broader thinking around structural changes and programme realignment across the UN system. Proposals under the third workstream will be put forward to Member States in the coming months and into next year, and eventually, Member States will decide how to act on the findings.

    https://www.youtube.com/watch?v=WrG1_oCtcP8

    MIL OSI Video

  • NCB busts global drug cartel spanning four continents; Amit Shah congratulates agencies for major crackdown

    Source: Government of India

    Source: Government of India (4)

    Union Home Minister and Minister of Cooperation, Amit Shah, on Wednesday lauded the Narcotics Control Bureau (NCB) and associated enforcement agencies for dismantling a sprawling global drug cartel that trafficked controlled pharmaceutical substances across four continents using sophisticated digital methods.

    In a post on the social media platform X, Shah said, “Congratulations to NCB and all agencies on busting a global drug cartel. The probe set a stellar example of multi-agency coordination, resulting in eight arrests and seizures of five consignments while triggering crackdowns in the US and Australia against the ring that operates across four continents and more than ten nations. Our agencies are constantly monitoring sophisticated modes like crypto payments and anonymous drop shippers used by these gangs. The Prime Minister Shri Narendra Modi-led government is determined to saw off every drug cartel and protect our youth, no matter where they operate from.”

    Operation MED MAX: From Delhi to Alabama

    Dubbed Operation MED MAX, the NCB’s HQ Operations Unit led one of the most extensive crackdowns against the illegal pharmaceutical drug trade. The operation uncovered a syndicate that exploited encrypted communication platforms, drop-shipping models, and cryptocurrency transactions to move controlled medicines between India, the USA, Australia, and Europe.

    The investigation began on May 25, 2025, when the NCB intercepted a vehicle near Mandi House in New Delhi, acting on confidential intelligence. Officers seized 3.7 kilograms of Tramadol tablets from two occupants, both pharmacy graduates from a private university in Noida.

    Their interrogation revealed that they operated as vendors on a major Indian B2B platform, selling pharmaceutical pills to clients overseas. Subsequent leads led investigators to a stockist in Roorkee and a key associate in Delhi’s Mayur Vihar, who disclosed connections to a coordinator in Udupi, Karnataka. This link revealed data on at least 50 international consignments, including 29 within the USA, 18 within Australia, and others bound for Estonia, Spain, and Switzerland.

    Global Cooperation and Major Seizures

    Based on intelligence provided by India’s NCB, global counterparts and Interpol tracked the syndicate’s operations. This led to the arrest of a major bulk re-shipper and money launderer in Alabama, USA, by the United States Drug Enforcement Administration (US DEA). The US operation resulted in the seizure of over 17,000 tablets of controlled medication and multiple cryptocurrency wallets linked to the syndicate.

    In parallel, law enforcement in Australia dismantled an illegal pill manufacturing facility directly connected to the network. Additional stockists and operatives are under scrutiny worldwide.

    Sophisticated Network and Modus Operandi

    Investigations revealed the cartel’s extensive use of encrypted messaging platforms such as Telegram and reliance on cryptocurrency, PayPal, and Western Union for payments. The network used anonymous international drop-shippers to evade detection, ensuring that operators never shipped within their home countries.

    The syndicate’s operations were managed through a major B2B platform where handlers paid for premium vendor profiles to attract buyers. A dedicated call centre in Udupi, employing around ten staff members—many allegedly unaware of the illegal activities—handled customer queries and orders. Payments were processed in cryptocurrency, with commissions distributed down the supply chain to re-shippers in various countries.

    Repeat buyers were systematically recruited as re-shippers or stockists, enabling the network’s organic expansion across multiple jurisdictions.

    Kingpin Traced to UAE

    The alleged mastermind coordinating the cartel’s international operations and finances has been traced to the UAE. Indian authorities are working closely with UAE officials to bring the individual to justice.

    Ongoing Investigations

    So far, eight individuals have been arrested in India in connection with the syndicate. The financial trail involving crypto wallets and suspected hawala transactions remains under investigation. The NCB is also coordinating with private sector platforms to curb illegal online pharmacies that openly market controlled substances.

  • MIL-OSI: ASM announces details of the Q2 2025 conference call and webcast

    Source: GlobeNewswire (MIL-OSI)

    Almere, the Netherlands
    July 2, 2025

    ASM International N.V. (Euronext Amsterdam: ASM) will report its second quarter 2025 financial results at approximately 6:00 p.m. CET on Tuesday, July 22, 2025.

    ASM will host the quarterly earnings conference call and webcast on Wednesday, July 23, 2025, at 3:00 p.m. CET.

    Conference-call participants should pre-register using this link to receive the dial-in numbers, passcode and a personal PIN, which are required to access the conference call.

    A simultaneous audio webcast and replay will be accessible at this link.

    About ASM International

    ASM International N.V., headquartered in Almere, the Netherlands, and its subsidiaries design and manufacture equipment and process solutions to produce semiconductor devices for wafer processing, and have facilities in the United States, Europe, and Asia. ASM International’s common stock trades on the Euronext Amsterdam Stock Exchange (symbol: ASM). For more information, visit ASM’s website at www.asm.com.

    Contacts  
    Investor and media relations Investor relations
    Victor Bareño Valentina Fantigrossi
    T: +31 88 100 8500 T: +31 88 100 8502
    E: investor.relations@asm.com E: investor.relations@asm.com

    The MIL Network

  • MIL-OSI: ASM announces details of the Q2 2025 conference call and webcast

    Source: GlobeNewswire (MIL-OSI)

    Almere, the Netherlands
    July 2, 2025

    ASM International N.V. (Euronext Amsterdam: ASM) will report its second quarter 2025 financial results at approximately 6:00 p.m. CET on Tuesday, July 22, 2025.

    ASM will host the quarterly earnings conference call and webcast on Wednesday, July 23, 2025, at 3:00 p.m. CET.

    Conference-call participants should pre-register using this link to receive the dial-in numbers, passcode and a personal PIN, which are required to access the conference call.

    A simultaneous audio webcast and replay will be accessible at this link.

    About ASM International

    ASM International N.V., headquartered in Almere, the Netherlands, and its subsidiaries design and manufacture equipment and process solutions to produce semiconductor devices for wafer processing, and have facilities in the United States, Europe, and Asia. ASM International’s common stock trades on the Euronext Amsterdam Stock Exchange (symbol: ASM). For more information, visit ASM’s website at www.asm.com.

    Contacts  
    Investor and media relations Investor relations
    Victor Bareño Valentina Fantigrossi
    T: +31 88 100 8500 T: +31 88 100 8502
    E: investor.relations@asm.com E: investor.relations@asm.com

    The MIL Network

  • MIL-OSI: Emergency Loan Bad Credit Guaranteed Approval up to $5000– RadCred Launches $1,000 Quick Loan For Poor Credit Score

    Source: GlobeNewswire (MIL-OSI)

    Glendale, California, July 02, 2025 (GLOBE NEWSWIRE) — RadCred, a leading fintech company, has launched a new platform offering emergency loans for bad credit borrowers with guaranteed approval. Unlike traditional banks, RadCred provides no credit check loans guaranteed approval, ensuring quick financial relief. With same-day funding up to $5,000, RadCred allows bad credit borrowers to access funds fast, making it the ideal solution for urgent loans for bad credit needs, such as medical bills, car repairs, or rent payments.

    RadCred focuses on income rather than credit scores, which means even individuals with poor credit can qualify for bad credit loans guaranteed approval. The brand offers personal loans for bad credit and guaranteed approval payday loans, ensuring that you can get the financial support you need without the hassle of traditional credit checks. With quick loans for bad credit and no credit check payday loans, RadCred provides fast, flexible financial solutions for those in urgent need of cash.

    What are No Credit Check Loans?

    No credit check loans are personal loans where the lender doesn’t perform a hard credit inquiry, so the borrower’s credit score isn’t affected. This makes them ideal for individuals with bad credit since traditional loans often require a good credit score. RadCred’s no credit check loans guaranteed approval focus on income and repayment ability, making funding more accessible. For those struggling with bad credit loans guaranteed approval, RadCred evaluates their financial situation rather than credit history. 

    Offering personal loans no credit check, RadCred ensures urgent loans for bad credit borrowers with same-day funding, providing quick relief without long approval processes.

    How RadCred Solves the Problem?

    RadCred addresses the challenges faced by bad credit borrowers who often struggle with rejections from traditional banks.RadCred provides a solution by offering instant loans for bad credit, which focuses on income rather than credit history. This approach makes it easier for individuals with low credit scores to qualify for the financial help they need.

    With emergency loan bad credit guaranteed approval, RadCred ensures that even borrowers with poor credit histories can access funds for urgent needs, such as medical expenses, car repairs, or rent payments. 

    RadCred also offers guaranteed approval payday loans with 1hr payday loans options, ensuring quick and convenient access to cash. This means that borrowers can receive funds on the same day they apply, giving them immediate financial relief without the hassle of a lengthy approval process. 

    Key Features of RadCred’s No Credit Check Loans

    RadCred offers several key features that make it the best option for borrowers seeking emergency loans for bad credit:

    • Guaranteed Approval: RadCred’s no credit check loans guaranteed approval are based on income, not credit score, allowing borrowers with poor credit histories to access funds easily.
    • No Hard Credit Check: Unlike traditional lenders, RadCred uses a soft credit check, which ensures that your credit score remains unaffected, providing peace of mind and allowing applicants to apply for no credit check payday loans.
    • Same-Day Funding: With same day payday loans, RadCred offers quick access to funds, transferring money into your account on the same day, making it ideal for urgent financial needs.
    • Flexible Loan Amounts: Borrow up to $5,000 with bad credit personal loans guaranteed approval. RadCred offers flexible loan amounts tailored to your financial needs, ensuring you can get the right amount of funding.
    • Transparent Terms: RadCred provides clear and upfront disclosure of APR, fees, and repayment terms, ensuring no hidden costs or surprises. This transparency allows borrowers to make informed decisions before accepting an offer.

    How to Get Guaranteed Approval for No Credit Check Loans?

    Applying for guaranteed approval payday loans with RadCred is a straightforward process:

    • Apply Online: Start by filling out a simple online application with your personal and financial details. RadCred’s user-friendly interface ensures the process is quick and easy.
    • Soft Credit Check: RadCred uses a soft credit check to evaluate your eligibility for no credit check loans guaranteed approval. This means your credit score won’t be impacted by the application process.
    • Receive Multiple Offers: Once your application is processed, RadCred connects you with a network of bad credit loan lenders offering personalized loan options based on your financial situation.
    • Choose Your Offer: Review the loan offers and select the one that best fits your needs, whether it’s personal loans no credit check or bad credit personal loans guaranteed approval.
    • Receive Funds: After accepting the offer, funds are quickly transferred to your account, often within the same day, giving you immediate access to the financial support you need.

    Eligibility for No Credit Check Loans

    To qualify for RadCred’s no credit check loans guaranteed approval, applicants must meet the following criteria:

    • Be at least 18 years old: You must be a legal adult to apply for a loan with RadCred.
    • Be a U.S. resident: RadCred only provides loans to U.S. residents with a valid address.
    • Have stable income: From employment, government benefits, or other reliable sources, you must demonstrate the ability to repay the loan. This is a key factor for bad credit loans guaranteed approval.
    • Have an active bank account: An active checking account is necessary for loan disbursement and repayment.

    RadCred offers emergency loan bad credit guaranteed approval based on your income and financial situation, not your credit score. This makes RadCred an accessible option for those who may have been denied by other institutions. 

    Why RadCred is the Ideal Choice for Bad Credit Borrowers?

    RadCred is the ideal platform for individuals seeking no credit check loans guaranteed approval. It offers several key benefits tailored to bad credit borrowers looking for urgent financial assistance:

    • Same-Day Funding: RadCred ensures quick access to funds, allowing borrowers to cover same day loans for bad credit expenses like medical bills, car repairs, or rent payments the same day.
    • No Hidden Fees: The platform provides transparent loan terms, with no surprises. Borrowers know exactly what to expect in terms of APR, fees, and repayment schedules.
    • Flexible Loan Terms: With RadCred, you can select the loan amount and repayment plan that best suit your financial situation, making it easier to manage your loan.
    • Trustworthy Network: RadCred partners exclusively with licensed, reputable bad credit loan lenders, ensuring ethical lending practices and a secure borrowing experience.
    • Safe & Secure: Advanced encryption technologies protect your personal and financial data, offering peace of mind while you apply for guaranteed approval payday loans.

    For bad credit loans guaranteed approval, RadCred stands out by focusing on income and repayment ability rather than credit scores, making it an accessible and trustworthy choice for those in need of immediate financial relief.

    Types of Emergency Loan Options Available at RadCred

    RadCred offers a variety of emergency loan options tailored to the needs of bad credit borrowers:

    • Same Day Payday Loans Online: For those in urgent need of cash, RadCred provides same day payday loans. These loans offer quick financial relief for small, emergency expenses such as car repairs or medical bills.
    • Bad Credit Payday Loans: Specifically designed for individuals with poor credit, bad credit payday loans guaranteed approval are based on income rather than credit score. This ensures fast approval and quick access to funds for immediate needs.
    • Installment Loans No Credit Check: For larger expenses, RadCred offers no credit check payday loans that provide more time to repay. These loans give borrowers a flexible repayment schedule, making it easier to manage larger amounts.
    • Emergency Loans Without Credit Checks: RadCred also provides emergency loans bad credit guaranteed approval options for urgent situations like medical expenses, home repairs, or other unexpected costs, allowing access to cash without the usual credit checks.

    With these options, RadCred ensures fast and accessible financial loans solutions, making it an ideal platform for those in need of quick cash.

    How RadCred’s No Credit Check Loans Compare to Traditional Loans

    Traditional bank loans have strict credit score requirements and lengthy approval processes, making them tough for bad credit borrowers. 

    RadCred, however, offers no credit check loans guaranteed approval, focusing on income and repayment ability rather than credit history. With same-day payday loans and personal loans for bad credit, RadCred ensures fast access to cash for urgent needs. Unlike banks, RadCred does not perform hard credit checks, making its loans more accessible. 

    This flexible approach provides a quick, reliable solution for those seeking financial relief, without the barriers typically imposed by traditional lenders.

    Frequently Asked Questions (FAQs)

    Q1: What is the maximum loan amount for no credit check loans?
    RadCred offers no credit check loans guaranteed approval ranging from $100 to $5,000, based on your income and repayment ability. The amount you can qualify for depends on your financial situation.

    Q2: How fast will I receive the money?
    RadCred provides same day payday loans, so once your loan is approved, the funds are usually transferred directly to your account within hours. This ensures quick access to cash, especially for urgent expenses like medical bills or car repairs.

    Q3: Will applying for a loan affect my credit score?
    No, applying for bad credit loans guaranteed approval through RadCred will not impact your credit score. RadCred uses a soft credit check, which means your credit score remains unaffected during the application process.

    Q4: Are there any hidden fees?
    There are no hidden fees with RadCred’s guaranteed approval payday loans or emergency loan bad credit guaranteed approval. All APRs, fees, and loan terms are clearly outlined before you accept the loan, ensuring full transparency.

    Conclusion

    In conclusion, RadCred offers an accessible and fast solution for bad credit borrowers seeking emergency loan bad credit guaranteed approval. The platform’s focus on income, rather than credit scores, ensures that individuals with poor credit can secure the funds they need. Instant loans for bad credit provide a hassle-free way to access emergency funds, making RadCred an ideal choice for those in urgent financial need.

    With guaranteed approval payday loans and emergency loan bad credit guaranteed approval, RadCred is a trusted option for individuals seeking immediate relief. The platform’s transparency, speed, and focus on accessibility make it the top choice for borrowers needing fast financial support.

    Disclaimer

    RadCred offers loans based on income and ability to repay, not credit history. Loan approval is subject to meeting the lender’s eligibility criteria. All terms, including APR and fees, are clearly disclosed before accepting any loan. Loans are available only to U.S. residents aged 18 or older. RadCred does not guarantee approval for all applicants. Funds are provided through RadCred’s network of licensed lenders. Loan amounts and terms vary based on the borrower’s financial situation. Please review all loan details before proceeding.

    The MIL Network

  • MIL-OSI Africa: Building local value through skills development at the Learning and Knowledge Development Facility (LKDF) Forum 2025


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    The United Nations Industrial Development Organization (UNIDO), through its Learning and Knowledge Development Facility (LKDF) and with the support of the Swedish International Development Cooperation Agency (Sida), convened the LKDF Forum 2025 under the theme “Skills Development and Local Value Addition: Ensuring Sustainable Growth in Global Supply Chains.” The Forum took place both online and in-person at the World of Volvo in Gothenburg, Sweden. 

    Achieving sustainable, ethical supply chains requires transforming industrial processes, business relations, and workforce skills, with local value addition key to reducing dependency on external inputs and boosting resilience. For emerging markets, building local capabilities diversifies economies and creates jobs; for multinationals, localizing supply chains offers market growth, risk mitigation, and regulatory compliance. UNIDO’s Director General Gerd Müller opened the event by calling for greater investment in skills for responsible, future-oriented supply chains, declaring “To build competitive and resilient supply chains with more local value addition, more high value manufacturing and services, more market access, [and] more prosperity, skills development is absolutely key.” 

    Maria Tegborg, Acting Head of the Global Department of Sida, echoed this message, underscoring the role of technical and vocational education and training (TVET) in bridging skills gaps and improving economic outcomes, stating “we must continue to invest in skills development to ensure that supply chains operate responsibly.”

    The Forum highlighted how localizing skills and competencies across value chains—particularly in manufacturing, energy, healthcare, and industrial processing—is key to enabling multinational corporations and developing countries to thrive.   

    UNIDO’s Virpi Stucki stressed the need for systemic approaches to workforce development, explaining that strong policy frameworks and transparent supply chains must support sustainable value addition. “When combined with strong policy direction and stakeholder engagement along the way, developing the labour force can be a continuing input into national benefit,” she noted.    

    Anchoring programs in local priorities and ambitions was also a recurring theme. Enabel’s Charlotte Vanstallen stressed, “It all starts, I think, with the local objective and the local focus and the [local] ambition… it cannot be mentioned enough.” Participants agreed that without a strong local perspective, initiatives risk being ineffective or unsustainable. Early engagement of local stakeholders and tailoring programs to community needs make efforts more demand-driven, effective, scalable, and foster stronger ownership and lasting impact. 

    The discussion recognized  the importance of soft skills, sustainability literacy, ESG compliance, and attention to the informal economy, which still represents the majority of employment in many parts of the world. In this context, Caterina Occhio, Economic Inclusion and ESG Advisor at UNIDO, emphasized the power of social procurement models to professionalize informal labour, raise compliance standards, and promote living wages—contributing to what she described as a “culture shift” for sustainable sourcing. 

    The Forum underscored the need for strong cross-sectoral partnerships to close the skills gap across supply chains. UNIDO’s Public-Private Development Partnerships (PPDP) were highlighted as an effective model for aligning vocational training and education with industry demands. By leveraging the strengths of both sectors, these partnerships foster targeted training programs that integrate technical skills with sustainability practices.   

    The Forum welcomed 37 in-person participants and 231 online attendees,  from public and private sectors, civil society, academia, and international organizations. Among the distinguished participants were representatives from the Swedish International Development Cooperation Agency (Sida), the European Commission, the African Union Development Agency-NEPAD, the African Development Bank Group (AfDB), the World Trade Organization (WTO), the Volvo Group, Siemens Healthineers, Enabel, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), Festo Didactic, and numerous Swedish and international companies representing a wide range of global value chains.   

    The first day of LKDF Forum 2025 concluded with a strong call to action: align national industrial policies with education and training reforms, strengthen cooperation at regional and global levels, and place local communities at the centre of development strategies. Participants were united in the view that sustainable industrialization will depend on holistic, inclusive, and partnership-based approaches to skills development and value addition.   

    The second day of the LKDF Forum 2025 featured a co-creation workshop facilitated by UNIDO’s LKDF team in partnership with the Volvo Group. Participants from public, private, and development sectors engaged in strategic discussions aimed at fostering actionable, cross-sector collaboration to strengthen skills ecosystems. This interactive session enabled meaningful exchanges and connections among attendees, laying the groundwork for future partnerships across industries and generating thirteen new PPDP project ideas. The day continued with a guided visit to the Volvo Trucks Experience Facility, where participants learned about Volvo’s history, explored the latest innovations in truck manufacturing, and even had the opportunity to test drive several vehicles. 

    Distributed by APO Group on behalf of United Nations Industrial Development Organization (UNIDO).

    MIL OSI Africa

  • MIL-OSI United Nations: EU and WFP enhance self-reliance and food security for refugees and host communities in Uganda

    Source: World Food Programme

    KAMPALA – The United Nations World Food Programme (WFP) has welcomed a contribution of EUR 5 million from the European Union (EU) to support income-generating activities to enhance self-reliance and food security for refugees and host communities in Uganda.

    Uganda hosts 1.9 million refugees and asylum seekers, making it the largest refugee-hosting country in Africa. The Government of Uganda’s national refugee policy allows refugees to work and move freely, but economic opportunities remain scarce in and around refugee settlements, meaning that humanitarian and development assistance are a lifeline for refugee families as they seek to build a self-reliant life in safety.

    “Empowering refugees in Uganda to become self-reliant has never been more important,” said Genevieve Chicoine, WFP’s Acting Country Director in Uganda. “This vital contribution from the European Union will enable WFP to support thousands of refugees and host communities with the skills they need to earn a living and put food on the table.”

    WFP supports 660,000 refugees in Uganda with cash transfers and in-kind food assistance, as well as programmes to increase self-reliance and improve the nutrition of mothers and their children. 

    This contribution from the EU will support the food security for 12,600 refugees in the Nakivale and Oruchinga refugee settlements and 5,400 host community members. It includes training on best farming practices like regenerative agriculture, financial literacy skills for business management and resource growth, and nutrition assistance for pregnant and breastfeeding women. 

    “This partnership reflects a shift from delivering aid to delivering opportunity,” said Guillaume Chartrain, European Union Deputy Head of Delegation to Uganda. “Refugees and host communities are gaining the tools they need to shape their own futures. By investing in people’s skills and potential, we are supporting more stable, self-reliant communities—and that benefits everyone.” 

    This initiative is part of the European Union’s Action for Protection, Assistance and Durable Solutions for Displaced Populations in Sub-Saharan Africa (EUPADS), supporting efforts to address the root causes of displacement while reinforcing national policies for displaced people living in countries like Uganda.

    WFP’s food assistance programmes in Uganda are facing critical funding shortfalls. In May, the agency was forced to halt food assistance for nearly one million refugees and reduce food rations for others to an unprecedented low of 22 percent. 

    #                 #                  #

    The United Nations World Food Programme is the world’s largest humanitarian organisation, saving lives in emergencies and using food assistance to build a pathway to peace, stability and prosperity for people recovering from conflict, disasters and the impact of climate change.

    The partnership between Uganda and the European Union is broad and is guided by mutual political, trade and development interests. The European Union is a key development partner of Uganda, supporting programmes that focus on green transition, the growth of sustainable and inclusive jobs and investment, as well as a stronger democratic governance that promotes social inclusion and human rights. The European Union together with its Member States is the world’s leading donor of humanitarian aid, including in Uganda. 

    Follow us on X, formerly Twitter, via @wfp_media @wfp_uganda @wfp_africa @EUinUG

    MIL OSI United Nations News

  • MIL-OSI China: China’s vice premier stresses high-quality development of manufacturing industry

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

    WUHAN, July 2 — Chinese Vice Premier Zhang Guoqing has called for efforts to empower the manufacturing sector with science and technology, accelerate industrial innovation, and continue to promote the high-quality development of the manufacturing industry.

    Zhang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks during an inspection tour in central China’s Hubei Province from Tuesday to Wednesday.

    He urged efforts to advance new industrialization and promote the high-end, intelligent, and green development of the manufacturing industry.

    The deep integration of technological innovation and industrial innovation should be vigorously promoted, and the in-depth integration of the digital economy with the real economy should be further advanced, he said.

    Efforts are needed to focus on smart manufacturing and accelerate the cultivation of vertical models in various industries, so as to transform artificial intelligence into new quality productive forces through its wide application in the manufacturing sector, Zhang said.

    Recently, some regions in China have been hit by heavy rain. The vice premier stressed that top priority should always be given to ensuring people’s lives and safety and minimizing casualties.

    MIL OSI China News

  • MIL-OSI China: How CPC is shaping China’s modernization roadmap through five-year plans

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

    As the Communist Party of China (CPC) celebrates the 104th anniversary of its founding this week, the Party’s signature five-year plans continue to serve as a roadmap for China’s modernization drive.

    This year, China is set to complete its 14th Five-Year Plan (2021-2025) and is formulating the blueprint for the next one, marking a pivotal moment in the country’s long-term strategy for national rejuvenation.

    From transforming an agrarian society into the world’s second-largest economy to charting a path toward becoming a great modern socialist country in all respects by mid-century, these plans reflect the CPC’s enduring commitment to long-term strategic vision and collective prosperity.

    Through this cyclical yet ever-evolving roadmap, China sets strategic goals, defines government priorities, regulates business operations, and mobilizes national resources — all in pursuit of its overarching objective of building a modern socialist nation.

    The country’s first plan in 1953 marked its initial push toward industrialization with the establishment of the nation’s first major steel and automobile plants. Fast-forward to the 13th (2016-2020), and it saw the completion of the world’s largest high-speed rail network.

    “Five-year plans are to China’s development what construction drawings are to building a house,” said Ran Hao, a professor at the Party School of the CPC Central Committee. “It tells the government and society which ‘floor’ to focus on and which ‘road’ to build over the next five years, helping avoid a piecemeal approach.”

    A framework, not a dogma 

    Although China’s five-year plans include quantitative targets, such as the GDP growth goal, first introduced in the seventh five-year plan, it does not mean the CPC is running a centralized planned economy.

    “It’s not about the government dictating everything; rather, the plans set the direction and priorities,” Ran said.

    Since 2006, targets have been divided into two types: binding targets, which reflect government commitments, such as reducing energy consumption per unit of GDP, and anticipatory targets, which represent desired outcomes like GDP growth, to be pursued primarily through market mechanisms.

    In a break from tradition, the 14th Five-Year Plan did not set a quantitative target for GDP growth; instead, it described expected growth in broader terms, in part to emphasize quality over speed.

    “Five-year plans are suited to the Chinese mentality and the Chinese idea of thinking long-term,” said British scholar Martin Jacques. For millennia, Confucian classics have taught that those who plan ahead are more likely to succeed.

    China’s five-year plans set clear goals but give regions the leeway needed to tailor their own pathways. National plans are broad frameworks that guide local governments in creating their own action plans, explained Yin Jun, a researcher with the Peking University.

    At present, the CPC is drafting proposals for the country’s 15th Five-Year Plan (2026-2030).

    Observers said the upcoming plan will emphasize a future-oriented approach to global challenges, foster new quality productive forces, and strengthen the social safety net to improve public well-being.

    Planning with collective efforts 

    Given their far-reaching impact, China’s five-year plans are developed over several years, and informed by research, expert reviews, inter-agency coordination and public consultation. For example, work on the current 14th Five-Year Plan began as early as 2018.

    While drafting the five-year plan, the CPC highly values public inputs, which reflect society’s needs and help foster consensus. In 2020, for the first time, public advice was collected online, with suggestions like mutual-aid elderly care included in the final plan.

    Over three months that year, seven symposiums were held with the Party’s leader meeting with entrepreneurs, experts, local officials, and representatives from the grassroots level to listen to their suggestions.

    The combination of top-level planning with public participation continued this year. In May, major media platforms invited public feedback, and netizens proposed improvements such as enhancing rural express delivery infrastructure and installing elevators in older communities, among other ideas.

    An old saying from Sun Tzu’s “The Art of War” offers insight into the success of China’s five-year plans: Triumph comes when the leaders and the people share the same goal.

    Impact beyond borders 

    China’s five-year plans not only guide national development but also offer opportunities for global investors.

    Madiyar Tukpatov, chairman of a public transport company in Astana, Kazakhstan, visited China earlier this year to research electric buses. His company began using Chinese electric buses in 2020 and plans to further integrate Chinese EV technology into Astana’s transport system.

    New energy vehicles (NEVs) have been developed as a strategic industry over several five-year plans. Their production and sales each exceeded 12.8 million units in 2024, maintaining China’s position as the global leader in this sector for 10 consecutive years. Chinese NEVs can be found in over 70 countries and regions.

    Benjamin Mgana, chief editor of foreign news at The Guardian newspaper in Tanzania, praised China’s approach to planning, saying it demonstrates that developing countries can create workable strategies based on their own realities, rather than copying Western models.

    Inspired by China’s success, a growing number of countries have adopted their own medium- to long-term strategies. Poland, Ethiopia and Tanzania have sought support from Chinese institutions to assist in their planning process.

    MIL OSI China News

  • MIL-OSI USA: How has U.S. energy use changed since 1776?

    Source: US Energy Information Administration

    In-brief analysis

    July 2, 2025


    In 2024, the United States consumed about 94 quadrillion British thermal units (quads) of energy, a 1% increase from 2023, according to our Monthly Energy Review. Fossil fuels—petroleum, natural gas, and coal—accounted for 82% of total U.S. energy consumption in 2024. Nonfossil fuel energy—from renewables and nuclear energy—accounted for the other 18%. Petroleum remained the most-consumed fuel in the United States, as it has been for the past 75 years, and nuclear energy consumption exceeded coal consumption for the first time ever.

    When the Declaration of Independence was signed in 1776, wood, a renewable energy source, was the largest source of energy in the United States. Used for heating, cooking, and lighting, wood remained the largest U.S. energy source until the late 1800s, when coal consumption became more common. Wood energy is still consumed, mainly by industrial lumber and paper plants that burn excess wood waste to generate electricity.

    Coal was the largest source of U.S. energy for about 65 years, from 1885 until 1950. Early uses of coal included many purposes that are no longer common, such as in stoves for home heating and in engines for trains and ships. Since the 1960s, nearly all coal consumed in the United States has been for electricity generation.

    Petroleum has been the most-consumed source of energy in the United States since 1950. Petroleum products such as motor gasoline, diesel, jet fuel, and propane are commonly used across all sectors of the U.S. economy, from transportation to industrial chemicals and plastics.

    Natural gas is the second-largest source of U.S. energy consumption, as it has been most years since it surpassed coal in 1958. Natural gas was once considered a waste byproduct of crude oil production but now has become a common energy source for heating and electricity generation.

    Early use of water to power grist, lumber, and other milling operations is not well quantified and not included in our data, but such mills were common throughout early U.S. history. The first industrial use of hydropower to generate electricity in the United States was to power lamps at a chair factory in Grand Rapids, Michigan, in 1880. The world’s first hydroelectric power plant to sell electricity to the public opened on the Fox River near Appleton, Wisconsin, in 1882.

    Other forms of renewable energy did not become significant contributors to U.S. energy production until more recently. In 2016, biofuels—including the fuel ethanol mixed in motor gasoline—became the most-consumed U.S. renewable energy source.


    Electricity generation from some zero-carbon sources, such as wind and solar, has increased rapidly in recent years, while generation from others, such as hydropower and nuclear, has remained relatively flat. In 2022, U.S. energy consumption from renewable sources surpassed nuclear energy for the first time since 1984, and in 2023, renewables surpassed coal for the first time since around the early 1880s. The United States now consumes more energy from wind and solar sources individually than from hydropower.

    To compare different forms of energy, we convert to common units of heat, called British thermal units. Appendix A of our Monthly Energy Review has the conversion factors that we use for each energy source, and Appendix E explains how we convert noncombustible renewable energy sources.

    Principal contributor: Mickey Francis

    MIL OSI USA News

  • MIL-OSI USA: Distraction-Free Schools Website Launches

    Source: US State of New York

    overnor Kathy Hochul today launched a website that provides resources for New York school districts as they prepare to implement bell-to-bell restrictions on smartphones for the coming school year. The website, linked here, includes a policy FAQ, toolkit and examples that school districts can use to design their distraction-free policy, which must be published by August 1 as noted under State law. Many districts across the state have already developed and finalized distraction-free policies that benefit students, teachers, and parents — and by highlighting these new resources, Governor Hochul continues the State’s ongoing efforts to support all schools throughout the summer, in time for the 2025-26 school year.

    “School districts across New York are already showing us that bell-to-bell smartphone restrictions help deliver the best possible learning environments for our kids,” Governor Hochul said. “As we prepare for the coming school year, my team is continuing to provide the necessary resources and tools to ensure school districts finalize and publish their distraction-free policy by the August 1 deadline.”

    This new requirement will take place in the 2025-26 School Year and applies to all schools in public school districts, as well as charter schools and Boards of Cooperative Educational Services (BOCES). Under this law, all school districts must publish their distraction-free policy by August 1, so it is visible to the district’s community of students, parents and other key stakeholders.

    Governor Hochul’s cellphone policy creates a statewide standard for distraction-free schools in New York including:

    • Prohibits unsanctioned use of smartphones and other internet-enabled personal devices on school grounds in K-12 schools for the entire school day (from “bell to bell”), including classroom time and other settings like lunch and study hall periods
    • Allows schools to develop their own plans for storing smartphones during the day — giving administrators and teachers the flexibility to do what works best for their buildings and students
    • Secures $13.5 million in funding to be made available for schools that need assistance in purchasing storage solutions to help them go distraction-free
    • Requires schools to give parents a way to contact their kids during the day when necessary
    • Requires teachers, parents and students to be consulted in developing the local policy
    • Prevents inequitable discipline

    Governor Hochul’s policy clarifies that students will have authorized access to simple cellphones without internet capability, as well as internet-enabled devices officially provided by their school for classroom instruction, such as laptops or tablets used as part of lesson plans.

    Additionally, the Governor’s policy includes several exemptions to smartphone restrictions, including for students who require access to an internet-enabled device to manage a medical condition, where required by a student’s Individualized Education Program (IEP), for academic purposes, or for other legitimate purposes, such as translation, family caregiving and emergencies.

    State Senator Shelley B. Mayer said, “I applaud Governor Hochul for providing financial and implementation resources to school districts as they draft their individual cellphone policies. We know how detrimental cellphone use is to students’ mental health, academic success, social interaction, and emotional stress. The Legislature has been a partner in these efforts, and as Chair of the Senate Education Committee, I am confident these changes will make a meaningful change in the lives of our students, school staff, and our communities. I appreciate the Governor’s commitment to supporting our school districts, parents and children as they implement this new law, and I look forward to hearing from school districts and students about the results of these new policies.”

    Governor Hochul pursued this initiative after engaging in a statewide listening tour with teachers, parents, and students. Her report “More Learning, Less Scrolling: Creating Distraction-Free Schools” underscores the following:

    • Smartphones distract students and inhibit learning and creativity
    • Phone-free environments do not compromise student safety
    • Phone-free environments support the mental health of students and teachers
    • Open communication and direct guidance for all stakeholders is key for successful implementation
    • Schools must address any parent concerns about staying in contact with their children during the day
    • An effective distraction-free policy must focus on the entire school day, rather than solely on time in the classroom
    • Schools can strengthen their distraction-free environment by connecting more students with in-person engagement like clubs, sports, arts and other programming

    MIL OSI USA News

  • MIL-OSI: Surveillance & Monitoring Expected to be Largest Revenue Opportunity for Drone as a Service (DaaS) Market Through 2030

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., July 02, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The drone surveying market is expected to continue to sustain and continue to gain momentum due to increasing demand for aerial intelligence and high-precision mapping across major sectors such as agriculture, mining, construction, and environmental monitoring. A report from Fact.MR analysis indicates that the industry will be valued at USD 1.97 billion in 2025 and will grow to USD 11.49 billion by 2035, at a strong CAGR of 19.3% during the period. The report said: “Technological improvements in LiDAR, thermal imaging, and real-time stream of data over the past three years have dramatically improved safety and efficiency in drone surveying. Drones are increasingly being employed by governments and institutions for commercial use as they are safe, accurate, and cost-effective. Fact.MR believes that support from the authorities, especially in Europe and North America, is fueling commercial usage with better codes in the law. The increasing demand for high-precision geospatial intelligence is one of the key drivers of the adoption of drone surveying. Fact.MR research is of the view that the mining, agriculture, oil & gas, and infrastructure sectors increasingly depend on drones to maximize planning, minimize human risk, and digitize high-resolution terrain information with cost-efficient scalability across vast and inaccessible areas. The enormous digital revolution in the industrial sectors continues to accelerate demand. Combining drones with AI analytics, GIS platforms, and cloud systems enables real-time processing and decision-making. Fact. MR believes that the combination of drone technology with automation and IoT is revolutionizing conventional surveying processes into dynamic data-driven ecosystems.”   Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Ondas Holdings Inc. (NASDAQ: ONDS), Trimble Inc. (NASDAQ: TRMB), NVIDIA Corporation (NASDAQ: NVDA), Amazon (NASDAQ: AMZN).

    Fact.MR continued: “The drone surveying industry is segmented by survey type into land survey, property survey, rail survey, and infrastructure survey. By end-use industry, it is categorized into energy, construction, transportation & warehouse, agriculture, mining, oil & gas extraction, public administration, and real estate & industrial plant. Regionally, the industry spans North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. IT concluded: “During the period 2025 to 2035, the infrastructure survey will be the most remunerative survey type segment, driven by the worldwide boom in urbanization, smart city programs, and projects for modernizing public infrastructure. Due to this increasing dependence and favorable regulatory changes across UAV use in civil infrastructure, the infrastructure survey segment is expected to grow at a CAGR of 22.6% from 2025 to 2035, ahead of the industry average of 19.3%.”

    ZenaTech (NASDAQ:ZENA) Expands Drone as a Service (DaaS) to California with Offer to Acquire an Engineering and Surveying Firm, Tapping into Precision Agriculture and Viticulture Market – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), and enterprise SaaS, has signed an offer to acquire a California-based civil engineering and land surveying firm with a well established history of operations. This marks ZenaTech’s first proposed transaction in the US West Coast or Southwest region, creating a strategic entry point into California ─ a high-value market for drone-based precision agriculture due to a massive agriculture economy, crop diversity, labor and water challenges, and an openness to innovation.

    With a commercial, construction and sustainability solution customer base and a deep regional presence, the proposed acquisition positions ZenaTech to scale its Drone as a Service or DaaS survey operations. It also provides significant opportunity to expand into California’s wine and agriculture sectors using advanced drone capabilities including aerial imaging, precision spraying, irrigation analytics, and wildfire detection and monitoring in high-risk areas.

    “This proposed acquisition is more than just our first Southwest region location — it’s a strategic foothold into a high-value, high-growth state for precision agriculture,” said Shaun Passley, Ph.D., CEO of ZenaTech. “The firm is a natural fit to help execute our growth strategy for crop health monitoring and precision spraying to serve viticulture, large estates, and commercial farming operations across California.”

    With the global agricultural drone market projected to reach USD 10.3 billion by 2030, driven by rising demand for precision technologies in farming, California stands out as a key growth region as well as being home to nearly 90% of all US vineyard acreage. Considering California’s mounting climate and agricultural challenges, ZenaTech’s AI-powered autonomous drone solutions offer timely, scalable innovation that serves the needs of commercial enterprises, cooperatives, agriculture consultants, and public sector stakeholders.

    ZenaTech’s Drone as a Service (DaaS) business model offers both business and government customers reduced costs and convenience to utilize drones to streamline legacy processes and manual tasks such as inspections, surveying, maintenance, precision agriculture and inventory management ─ there is no need to purchase drone hardware and software, find a drone pilot, manage maintenance and operation, or acquire regulatory approvals. The model also offers scalability to use more often or less often based on business needs and utilizes ZenaDrone’s multifunction AI autonomous drones.

    The company has closed six acquisitions across the US to date as part of its DaaS business model and strategy and has announced it plans to complete approximately 20 more in the next 12 months. Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    Other recent developments in the markets include:

    Ondas Holdings Inc. (NASDAQ: ONDS) recently announced that its subsidiary, American Robotics Inc., has entered into a strategic partnership with Mistral Inc. (“Mistral”), a Maryland-based business development and defense contracting firm. The agreement focuses on joint marketing, sales, and integration of the Optimus drone system and Iron Drone Raider into the United States defense and homeland security markets.

    Under the agreement, Mistral will support American Robotics’ business development by opening sales channels through its well-established relationships with U.S. governmental buyers, including federal, state, local law enforcement, military, and homeland security entities. The initial term of the agreement is three years, with an automatic renewal option and a structured success fee model based on realized sales.

    “This collaboration with Mistral accelerates and strengthens our commercial strategy in the U.S., enhancing our ability to deliver mission-ready autonomous systems to the homeland security and defense sectors,” said Eric Brock, Chairman and CEO of Ondas Holdings. “We are witnessing increased demand for advanced aerial intelligence and counter-drone solutions, and Mistral’s deep relationships, experience, and operational know-how make them an ideal partner to scale our footprint in this critical market.”

    Trimble Inc. (NASDAQ: TRMB)‘s Trimble Stratus – With Trimble Stratus Software, one can use drone data to map, measure, and manage worksite and assets. Connect the right information to the right people at the right time.

    Survey Frequently and Faster – Get accurate, up-to-date topographic surveys whenever you need without having to bring in a survey crew – Avoid information bottlenecks by getting answers to questions yourself with an intuitive, web-based tool – Survey inaccessible or hazardous areas safely using a drone.

    NVIDIA Corporation (NASDAQ: NVDA) – Nvidia AI Technology Added to Vision for Autonomous Drones – Generative AI modules aim to upgrade Foresight’s vision systems with additional computing power – Vision software company Foresight Autonomous Holdings has integrated Nvidia’s Jetson Orin generative AI computing modules into its 3D-perception system.

    Foresight is using Nvidia’s Jetson Orin Nano and Jetson AGX Orin modules to improve the capabilities of its perception systems deployed in various use cases, with a major focus on autonomous drones and unmanned aerial vehicles.

    The Jetson modules, which are used in generative AI, computer vision and advanced robotics, upgrade Foresight’s vision system with the computing power needed for autonomous drones and UAVs, according to Foresight.

    Amazon (NASDAQ: AMZN) – Amazon’s drones deliver items in 60 minutes or less—here’s how we simplified the process. – Prime Air built an easy-to-use customer experience to make ordering and receiving a wide selection of items via drone delivery faster than ever. It’s never been easier to receive a drone delivery from Amazon if you live in one of the locations where we currently offer it. From tapping the “place your order” button to seeing the item delivered, the entire process takes 60 minutes or less. So, if you realize you need more sunscreen or forgot you needed more batteries, but don’t have time to make a trip to the store, Amazon has you covered.

    It all starts at Amazon.com or in the Amazon Shopping app. Customers can choose more than 60,000 items for drone delivery as our selection continues to grow. Recently, we received FAA approval to deliver several new categories of items, including devices like Apple iPhones, Samsung Galaxy cellphones, Apple AirTags, Apple AirPods, Ring doorbells, and Alpha Grillers Instant Read Food Thermometers. All you need to do is select the drone delivery option when you check out if you’re in an eligible area and the item in your cart is 5 pounds or less.

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    DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNM is NOT affiliated in any manner with any company mentioned herein.  FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNM has been compensated fifty one hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company.  FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

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    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

    SOURCE: FN Media Group

    The MIL Network

  • MIL-OSI: Surveillance & Monitoring Expected to be Largest Revenue Opportunity for Drone as a Service (DaaS) Market Through 2030

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., July 02, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The drone surveying market is expected to continue to sustain and continue to gain momentum due to increasing demand for aerial intelligence and high-precision mapping across major sectors such as agriculture, mining, construction, and environmental monitoring. A report from Fact.MR analysis indicates that the industry will be valued at USD 1.97 billion in 2025 and will grow to USD 11.49 billion by 2035, at a strong CAGR of 19.3% during the period. The report said: “Technological improvements in LiDAR, thermal imaging, and real-time stream of data over the past three years have dramatically improved safety and efficiency in drone surveying. Drones are increasingly being employed by governments and institutions for commercial use as they are safe, accurate, and cost-effective. Fact.MR believes that support from the authorities, especially in Europe and North America, is fueling commercial usage with better codes in the law. The increasing demand for high-precision geospatial intelligence is one of the key drivers of the adoption of drone surveying. Fact.MR research is of the view that the mining, agriculture, oil & gas, and infrastructure sectors increasingly depend on drones to maximize planning, minimize human risk, and digitize high-resolution terrain information with cost-efficient scalability across vast and inaccessible areas. The enormous digital revolution in the industrial sectors continues to accelerate demand. Combining drones with AI analytics, GIS platforms, and cloud systems enables real-time processing and decision-making. Fact. MR believes that the combination of drone technology with automation and IoT is revolutionizing conventional surveying processes into dynamic data-driven ecosystems.”   Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Ondas Holdings Inc. (NASDAQ: ONDS), Trimble Inc. (NASDAQ: TRMB), NVIDIA Corporation (NASDAQ: NVDA), Amazon (NASDAQ: AMZN).

    Fact.MR continued: “The drone surveying industry is segmented by survey type into land survey, property survey, rail survey, and infrastructure survey. By end-use industry, it is categorized into energy, construction, transportation & warehouse, agriculture, mining, oil & gas extraction, public administration, and real estate & industrial plant. Regionally, the industry spans North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. IT concluded: “During the period 2025 to 2035, the infrastructure survey will be the most remunerative survey type segment, driven by the worldwide boom in urbanization, smart city programs, and projects for modernizing public infrastructure. Due to this increasing dependence and favorable regulatory changes across UAV use in civil infrastructure, the infrastructure survey segment is expected to grow at a CAGR of 22.6% from 2025 to 2035, ahead of the industry average of 19.3%.”

    ZenaTech (NASDAQ:ZENA) Expands Drone as a Service (DaaS) to California with Offer to Acquire an Engineering and Surveying Firm, Tapping into Precision Agriculture and Viticulture Market – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), and enterprise SaaS, has signed an offer to acquire a California-based civil engineering and land surveying firm with a well established history of operations. This marks ZenaTech’s first proposed transaction in the US West Coast or Southwest region, creating a strategic entry point into California ─ a high-value market for drone-based precision agriculture due to a massive agriculture economy, crop diversity, labor and water challenges, and an openness to innovation.

    With a commercial, construction and sustainability solution customer base and a deep regional presence, the proposed acquisition positions ZenaTech to scale its Drone as a Service or DaaS survey operations. It also provides significant opportunity to expand into California’s wine and agriculture sectors using advanced drone capabilities including aerial imaging, precision spraying, irrigation analytics, and wildfire detection and monitoring in high-risk areas.

    “This proposed acquisition is more than just our first Southwest region location — it’s a strategic foothold into a high-value, high-growth state for precision agriculture,” said Shaun Passley, Ph.D., CEO of ZenaTech. “The firm is a natural fit to help execute our growth strategy for crop health monitoring and precision spraying to serve viticulture, large estates, and commercial farming operations across California.”

    With the global agricultural drone market projected to reach USD 10.3 billion by 2030, driven by rising demand for precision technologies in farming, California stands out as a key growth region as well as being home to nearly 90% of all US vineyard acreage. Considering California’s mounting climate and agricultural challenges, ZenaTech’s AI-powered autonomous drone solutions offer timely, scalable innovation that serves the needs of commercial enterprises, cooperatives, agriculture consultants, and public sector stakeholders.

    ZenaTech’s Drone as a Service (DaaS) business model offers both business and government customers reduced costs and convenience to utilize drones to streamline legacy processes and manual tasks such as inspections, surveying, maintenance, precision agriculture and inventory management ─ there is no need to purchase drone hardware and software, find a drone pilot, manage maintenance and operation, or acquire regulatory approvals. The model also offers scalability to use more often or less often based on business needs and utilizes ZenaDrone’s multifunction AI autonomous drones.

    The company has closed six acquisitions across the US to date as part of its DaaS business model and strategy and has announced it plans to complete approximately 20 more in the next 12 months. Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    Other recent developments in the markets include:

    Ondas Holdings Inc. (NASDAQ: ONDS) recently announced that its subsidiary, American Robotics Inc., has entered into a strategic partnership with Mistral Inc. (“Mistral”), a Maryland-based business development and defense contracting firm. The agreement focuses on joint marketing, sales, and integration of the Optimus drone system and Iron Drone Raider into the United States defense and homeland security markets.

    Under the agreement, Mistral will support American Robotics’ business development by opening sales channels through its well-established relationships with U.S. governmental buyers, including federal, state, local law enforcement, military, and homeland security entities. The initial term of the agreement is three years, with an automatic renewal option and a structured success fee model based on realized sales.

    “This collaboration with Mistral accelerates and strengthens our commercial strategy in the U.S., enhancing our ability to deliver mission-ready autonomous systems to the homeland security and defense sectors,” said Eric Brock, Chairman and CEO of Ondas Holdings. “We are witnessing increased demand for advanced aerial intelligence and counter-drone solutions, and Mistral’s deep relationships, experience, and operational know-how make them an ideal partner to scale our footprint in this critical market.”

    Trimble Inc. (NASDAQ: TRMB)‘s Trimble Stratus – With Trimble Stratus Software, one can use drone data to map, measure, and manage worksite and assets. Connect the right information to the right people at the right time.

    Survey Frequently and Faster – Get accurate, up-to-date topographic surveys whenever you need without having to bring in a survey crew – Avoid information bottlenecks by getting answers to questions yourself with an intuitive, web-based tool – Survey inaccessible or hazardous areas safely using a drone.

    NVIDIA Corporation (NASDAQ: NVDA) – Nvidia AI Technology Added to Vision for Autonomous Drones – Generative AI modules aim to upgrade Foresight’s vision systems with additional computing power – Vision software company Foresight Autonomous Holdings has integrated Nvidia’s Jetson Orin generative AI computing modules into its 3D-perception system.

    Foresight is using Nvidia’s Jetson Orin Nano and Jetson AGX Orin modules to improve the capabilities of its perception systems deployed in various use cases, with a major focus on autonomous drones and unmanned aerial vehicles.

    The Jetson modules, which are used in generative AI, computer vision and advanced robotics, upgrade Foresight’s vision system with the computing power needed for autonomous drones and UAVs, according to Foresight.

    Amazon (NASDAQ: AMZN) – Amazon’s drones deliver items in 60 minutes or less—here’s how we simplified the process. – Prime Air built an easy-to-use customer experience to make ordering and receiving a wide selection of items via drone delivery faster than ever. It’s never been easier to receive a drone delivery from Amazon if you live in one of the locations where we currently offer it. From tapping the “place your order” button to seeing the item delivered, the entire process takes 60 minutes or less. So, if you realize you need more sunscreen or forgot you needed more batteries, but don’t have time to make a trip to the store, Amazon has you covered.

    It all starts at Amazon.com or in the Amazon Shopping app. Customers can choose more than 60,000 items for drone delivery as our selection continues to grow. Recently, we received FAA approval to deliver several new categories of items, including devices like Apple iPhones, Samsung Galaxy cellphones, Apple AirTags, Apple AirPods, Ring doorbells, and Alpha Grillers Instant Read Food Thermometers. All you need to do is select the drone delivery option when you check out if you’re in an eligible area and the item in your cart is 5 pounds or less.

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

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    DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNM is NOT affiliated in any manner with any company mentioned herein.  FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNM has been compensated fifty one hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company.  FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

    Contact Information:
    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

    SOURCE: FN Media Group

    The MIL Network

  • MIL-OSI: PLUMAS BANCORP ACQUIRES CORNERSTONE COMMUNITY BANCORP

    Source: GlobeNewswire (MIL-OSI)

    RENO, Nev., July 02, 2025 (GLOBE NEWSWIRE) — Plumas Bancorp (“Plumas”) (Nasdaq: PLBC) announced today the completion of its acquisition of Cornerstone Community Bancorp (“Cornerstone”), the holding company for Cornerstone Community Bank, effective July 1, 2025. On the same day, Cornerstone Community Bank merged with and into Plumas’s subsidiary, Plumas Bank. The transaction was previously announced on January 28, 2025.

    Under the terms of the merger agreement between Plumas and Cornerstone, each issued and outstanding share of common stock of Cornerstone was converted into the right to receive a combination of 0.6608 shares of Plumas common stock and $9.75 in cash. The value of the total deal consideration was approximately $61.3 million, based on the closing price of Plumas common stock of $44.46 per share on June 30, 2025.

    “We are pleased to welcome the clients, employees, and shareholders of Cornerstone,” said Andrew J. Ryback, President and Chief Executive Officer, Plumas Bancorp. “This transaction is a pivotal milestone in our company’s evolution. By integrating Cornerstone Community Bank’s deep local expertise with Plumas Bank’s advanced technology and small business solutions, we are enhancing the services available to our communities. We look forward to providing long-term value to our combined shareholders, clients, team members, and communities we serve.”

    In accordance with the merger agreement, Plumas appointed Ken Robison, a director of Cornerstone, to the board of directors of Plumas and Plumas Bank effective as of July 1, 2025. Mr. Robison is president and broker/owner of Robison Real Estate Corporation in Red Bluff, Calif., and former owner of RE/Max Top Properties. Robison is active in the Tehama and Shasta communities, previously serving on the Red Bluff City Council and as Mayor of Red Bluff for two terms. Robison holds an MBA from California State University, Chico.

    In addition, Cornerstone’s President and Chief Executive Officer, Matthew B. Moseley, will continue with Plumas Bank as Executive Vice President and Market President. Moseley joined Cornerstone Community Bank in August 2011 as a senior vice president/credit administrator. He was promoted to positions as the bank’s executive vice president/chief lending officer, executive vice president/chief banking officer, and executive vice president/chief credit officer. In 2022, Moseley assumed the role of president and CEO of Cornerstone Community Bank and Cornerstone Community Bancorp. Moseley is an honors graduate of Simpson University and an honors graduate of Pacific Coast Banking School.

    Director, President and Chief Executive Officer of Plumas Bancorp and Plumas Bank, Andrew J. Ryback, remarked, “We are pleased to welcome Ken Robison to the board. His extensive involvement in communities within our expanded footprint and knowledge of real estate markets will help us grow and prosper in this region for years to come. We are also excited to welcome Matt Moseley to the executive team as Market President. His wealth of leadership experience, deep credit expertise, and strong regional connections will be invaluable in driving success for our company, clients, and the communities we serve.”

    Robison commented, “I am grateful for the opportunity to serve on the Plumas Bancorp Board and excited to contribute to its ongoing success. The core values of Plumas Bank closely align with those of Cornerstone Community Bank, reinforcing a shared commitment to community growth. I am confident that Plumas Bank’s dedication to its communities will lead to enhanced services in the region. I look forward to supporting the bank’s efforts in delivering innovative financial solutions to small businesses, entrepreneurs, and families in northern California and beyond.”

    Moseley stated, “I am thrilled to join Plumas Bank as we embark on this exciting new chapter together. The synergy between our teams, shared values, and commitment to excellence make this transition seamless and full of potential. I look forward to collaborating to drive innovation, enhance services, and create even greater opportunities for our clients and communities. This is a powerful moment for growth, and I am eager to contribute to the future success of our combined organizations.”

    As of March 31, 2025, Cornerstone had total assets of $648 million, total loans outstanding of $492 million and total deposits of $572 million. With the completion of the merger, Plumas Bank adds four branches in Anderson, Red Bluff and Redding (two branches), California.

    With the addition of Cornerstone, on a pro forma combined basis, Plumas had total assets of approximately $2.3 billion, total loans outstanding of approximately $1.5 billion and total deposits of approximately $1.9 billion as of March 31, 2025 (unaudited).

    Raymond James & Associates, Inc. served as financial advisor to Plumas in the transaction. Sheppard, Mullin, Richter & Hampton LLP served as legal counsel to Plumas. Performance Trust Capital Partners, LLC served as financial advisor to Cornerstone and delivered a fairness opinion to its board of directors. Gary Steven Findley & Associates served as legal counsel to Cornerstone.

    Investor Relations Contact:

    Plumas Bancorp
    5525 Kietzke Lane Ste. 100
    Reno, NV 89511
    775.786.0907 x8908
    investorrelations@plumasbank.com

    Cautionary Note Regarding Forward-Looking Statements

    This release contains “forward-looking statements” that are subject to the safe harbor provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include but are not limited to plans, expectations, projections, and statements about Plumas and the benefits of the merger and other statements that are not historical facts. Forward-looking statements involve risks and uncertainties that are difficult to predict. Factors that could cause or contribute to results differing from those in or implied in the forward-looking statements include but are not limited to the ability of Plumas successfully integrate Cornerstone’s business with its own; cost savings being less than anticipated; changes in economic conditions; the risk that the merger disrupts the business of Plumas, Cornerstone or both; difficulties in retaining senior management, employees or customers; and other factors that may affect the future results of the combined company. Further information regarding risk factors is contained in Plumas’s filings with the Securities and Exchange Commission, including its Form 10-K for the year ended December 31, 2024 and its registration statement on Form S-4 with respect to merger, copies of which are available on the SEC’s website at www.sec.gov and the investor relations section of Plumas’s website at www.plumasbank.com. Forward-looking statements made in this release speak only as of the date of this release. Plumas undertakes no obligation to revise or publicly release any revision or update to these forward-looking statements to reflect events or circumstances that occur after the date on which such statements were made.

    The MIL Network

  • MIL-OSI: PLUMAS BANCORP ACQUIRES CORNERSTONE COMMUNITY BANCORP

    Source: GlobeNewswire (MIL-OSI)

    RENO, Nev., July 02, 2025 (GLOBE NEWSWIRE) — Plumas Bancorp (“Plumas”) (Nasdaq: PLBC) announced today the completion of its acquisition of Cornerstone Community Bancorp (“Cornerstone”), the holding company for Cornerstone Community Bank, effective July 1, 2025. On the same day, Cornerstone Community Bank merged with and into Plumas’s subsidiary, Plumas Bank. The transaction was previously announced on January 28, 2025.

    Under the terms of the merger agreement between Plumas and Cornerstone, each issued and outstanding share of common stock of Cornerstone was converted into the right to receive a combination of 0.6608 shares of Plumas common stock and $9.75 in cash. The value of the total deal consideration was approximately $61.3 million, based on the closing price of Plumas common stock of $44.46 per share on June 30, 2025.

    “We are pleased to welcome the clients, employees, and shareholders of Cornerstone,” said Andrew J. Ryback, President and Chief Executive Officer, Plumas Bancorp. “This transaction is a pivotal milestone in our company’s evolution. By integrating Cornerstone Community Bank’s deep local expertise with Plumas Bank’s advanced technology and small business solutions, we are enhancing the services available to our communities. We look forward to providing long-term value to our combined shareholders, clients, team members, and communities we serve.”

    In accordance with the merger agreement, Plumas appointed Ken Robison, a director of Cornerstone, to the board of directors of Plumas and Plumas Bank effective as of July 1, 2025. Mr. Robison is president and broker/owner of Robison Real Estate Corporation in Red Bluff, Calif., and former owner of RE/Max Top Properties. Robison is active in the Tehama and Shasta communities, previously serving on the Red Bluff City Council and as Mayor of Red Bluff for two terms. Robison holds an MBA from California State University, Chico.

    In addition, Cornerstone’s President and Chief Executive Officer, Matthew B. Moseley, will continue with Plumas Bank as Executive Vice President and Market President. Moseley joined Cornerstone Community Bank in August 2011 as a senior vice president/credit administrator. He was promoted to positions as the bank’s executive vice president/chief lending officer, executive vice president/chief banking officer, and executive vice president/chief credit officer. In 2022, Moseley assumed the role of president and CEO of Cornerstone Community Bank and Cornerstone Community Bancorp. Moseley is an honors graduate of Simpson University and an honors graduate of Pacific Coast Banking School.

    Director, President and Chief Executive Officer of Plumas Bancorp and Plumas Bank, Andrew J. Ryback, remarked, “We are pleased to welcome Ken Robison to the board. His extensive involvement in communities within our expanded footprint and knowledge of real estate markets will help us grow and prosper in this region for years to come. We are also excited to welcome Matt Moseley to the executive team as Market President. His wealth of leadership experience, deep credit expertise, and strong regional connections will be invaluable in driving success for our company, clients, and the communities we serve.”

    Robison commented, “I am grateful for the opportunity to serve on the Plumas Bancorp Board and excited to contribute to its ongoing success. The core values of Plumas Bank closely align with those of Cornerstone Community Bank, reinforcing a shared commitment to community growth. I am confident that Plumas Bank’s dedication to its communities will lead to enhanced services in the region. I look forward to supporting the bank’s efforts in delivering innovative financial solutions to small businesses, entrepreneurs, and families in northern California and beyond.”

    Moseley stated, “I am thrilled to join Plumas Bank as we embark on this exciting new chapter together. The synergy between our teams, shared values, and commitment to excellence make this transition seamless and full of potential. I look forward to collaborating to drive innovation, enhance services, and create even greater opportunities for our clients and communities. This is a powerful moment for growth, and I am eager to contribute to the future success of our combined organizations.”

    As of March 31, 2025, Cornerstone had total assets of $648 million, total loans outstanding of $492 million and total deposits of $572 million. With the completion of the merger, Plumas Bank adds four branches in Anderson, Red Bluff and Redding (two branches), California.

    With the addition of Cornerstone, on a pro forma combined basis, Plumas had total assets of approximately $2.3 billion, total loans outstanding of approximately $1.5 billion and total deposits of approximately $1.9 billion as of March 31, 2025 (unaudited).

    Raymond James & Associates, Inc. served as financial advisor to Plumas in the transaction. Sheppard, Mullin, Richter & Hampton LLP served as legal counsel to Plumas. Performance Trust Capital Partners, LLC served as financial advisor to Cornerstone and delivered a fairness opinion to its board of directors. Gary Steven Findley & Associates served as legal counsel to Cornerstone.

    Investor Relations Contact:

    Plumas Bancorp
    5525 Kietzke Lane Ste. 100
    Reno, NV 89511
    775.786.0907 x8908
    investorrelations@plumasbank.com

    Cautionary Note Regarding Forward-Looking Statements

    This release contains “forward-looking statements” that are subject to the safe harbor provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include but are not limited to plans, expectations, projections, and statements about Plumas and the benefits of the merger and other statements that are not historical facts. Forward-looking statements involve risks and uncertainties that are difficult to predict. Factors that could cause or contribute to results differing from those in or implied in the forward-looking statements include but are not limited to the ability of Plumas successfully integrate Cornerstone’s business with its own; cost savings being less than anticipated; changes in economic conditions; the risk that the merger disrupts the business of Plumas, Cornerstone or both; difficulties in retaining senior management, employees or customers; and other factors that may affect the future results of the combined company. Further information regarding risk factors is contained in Plumas’s filings with the Securities and Exchange Commission, including its Form 10-K for the year ended December 31, 2024 and its registration statement on Form S-4 with respect to merger, copies of which are available on the SEC’s website at www.sec.gov and the investor relations section of Plumas’s website at www.plumasbank.com. Forward-looking statements made in this release speak only as of the date of this release. Plumas undertakes no obligation to revise or publicly release any revision or update to these forward-looking statements to reflect events or circumstances that occur after the date on which such statements were made.

    The MIL Network

  • MIL-OSI: Rate’s Jennifer Beeston Named 2025 HousingWire Woman of Influence

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, July 02, 2025 (GLOBE NEWSWIRE) — Rate, a leading fintech company, today announced that Jennifer Beeston, EVP of National Sales, has been named a 2025 Woman of Influence by HousingWire. Now in its 16th year, the Women of Influence program honors 100 women across mortgage, real estate, and fintech who are making a measurable impact on their organizations and the broader housing economy.

    “The Women of Influence award highlights the leaders whose work is actively shaping the future of housing, something HousingWire has been committed to recognizing since the program launched 16 years ago,” said Clayton Collins, CEO of HW Media. “HousingWire Women of Influence honorees are leading meaningful progress across the housing economy, with influence spanning mortgage, real estate, and the entire homeownership experience. They’re driving real results at some of the industry’s most impactful organizations.”

    A mortgage loan officer for 18 years, Beeston consistently ranks among the top purchase loan officers in the country. She is the first woman to be named the #1 VA loan originator by Scotsman Guide and currently holds the top spot for VA purchase loan originations nationwide for the second consecutive year.

    Beeston is passionate about financial education. “Every American should understand the basics of finance, including how to buy a house. Homeownership is the cornerstone of wealth creation in America. I educate people on YouTube so that anyone with an interest has access to easy-to-understand information that can help them achieve their financial goals.”

    Media frequently seeks her out for her insights at the intersection of financial education and innovation, including the entry of cryptocurrency into the mortgage lending conversation. On the topic, Beeston notes:

    “As the financial landscape evolves, it’s important for lending to keep pace. Allowing borrowers to count cryptocurrency toward their reserve requirements is a smart, forward-looking move, as long as it’s done responsibly. Many financially savvy clients are building wealth in digital assets, and they shouldn’t have to liquidate just to qualify for a home. We need to meet people where they are while maintaining sensible guardrails.” For more on this topic from Beeston, please listen to this recent interview with Host Josh Lipton on Yahoo Finance.

    As she serves customers nationwide, she combines Rate technology and diverse loan programs with a mission-driven approach. Her platform has earned the trust of over 100,000 YouTube subscribers and garnered national recognition as a trusted expert from prominent outlets, including NewsNation, Yahoo Finance, Fox, Newsweek, and Fortune.

    “Jennifer is the definition of a mission-driven leader,” said Shant Banosian, President of Rate. “She brings passion, intelligence, and heart to everything she does, and the impact she’s made on our business, our team, and the industry at large is nothing short of extraordinary. We’re incredibly proud to see her recognized by HousingWire as a Woman of Influence.”

    In addition to being a top producer, Beeston is the creator of NoStressVA.com, a free online course designed to help veterans and industry professionals better understand and navigate the VA home loan benefit. Her advocacy work combats misinformation and empowers borrowers to make informed decisions—an approach that aligns closely with Rate’s commitment to transparency and consumer-first lending.

    She is also the author of Brainhacked: How Big Tech Trains You to Spend and How to Fight Back, a guide to staying true to your financial goals in the modern era of “click, click, buy.”

    Beeston is a mentor and cultural force within Rate. Her consumer advocacy has generated meaningful brand equity, and inspired colleagues across the organization. Through her voice, content, and leadership, she has become one of the most trusted names in lending.

    “It’s an honor to be named among this year’s Women of Influence,” said Beeston. “The mortgage industry is transforming at a record pace. From new and exciting developments in AI to potential crypto integration, conscious and thoughtful leadership is crucial in ensuring we act in the best interest of our clients and enhance their experience and options for homeownership. This group represents some of the most inspiring, forward-thinking leaders in housing today. I’m proud to stand alongside those who are reimagining how we serve Americans, build trust, and expand access to homeownership. Together, we’re helping shape a more transparent future for the industry.”

    HousingWire’s editorial team selected winners and a panel of industry professionals based on their professional accomplishments, industry contributions, community involvement, and overall influence. The 2025 list reflects the depth and diversity of talent that will lead housing into the future.

    To view the complete list of this year’s honorees, see here: https://www.housingwire.com/articles/announcing-the-2025-women-of-influence/

    About Rate

    Rate Companies is a leader in mortgage lending and digital financial services. Headquartered in Chicago, Rate has over 850 branches across all 50 states and Washington, D.C. Since its launch in 2000, Rate has helped more than 2 million homeowners with home purchase loans, refinances, and home equity loans. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates, and delivering unparalleled customer service. Recent honors and awards include: a Best Mortgage Lender of 2025 by Fortune; Best Mortgage Lender of 2025 for First-Time Homebuyers by Forbes; a Best Mortgage Lender of 2025 for FHA Loans, Home Equity Loans, and Lower Credit Scores by NerdWallet; Best Mortgage Lender of 2025 for Digital Experience and Down Payment Assistance by Motley Fool; Chicago Agent Magazine’s Lender of the Year for seven consecutive years.

    Visit rate.com for more information.

    About HousingWire

    HousingWire is an information services company that provides unique data and research, respected business journalism and must-attend events for housing leaders to use to advance their understanding and business outcomes. Our vision is a world in which housing leaders have a complete view of the housing market, and a broad community of peers with whom they can connect. We are committed to delivering the data, analytics, media, and events that advance this vision.

    Because housing is too important for narrow perspectives and missed connections. Informed housing leaders are better housing leaders. A connected housing industry is a better housing industry. And the full picture always reveals new opportunities.

    Explore more at www.housingwire.com.

    Media Contact(s)

    For Rate:

    press@rate.com

    For HousingWire:

    Lesley Collins
    lesley@hwmedia.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8646a05d-31e9-4ce4-82b1-cbd3b5d4c94a

    The MIL Network

  • MIL-OSI: Rate’s Jennifer Beeston Named 2025 HousingWire Woman of Influence

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, July 02, 2025 (GLOBE NEWSWIRE) — Rate, a leading fintech company, today announced that Jennifer Beeston, EVP of National Sales, has been named a 2025 Woman of Influence by HousingWire. Now in its 16th year, the Women of Influence program honors 100 women across mortgage, real estate, and fintech who are making a measurable impact on their organizations and the broader housing economy.

    “The Women of Influence award highlights the leaders whose work is actively shaping the future of housing, something HousingWire has been committed to recognizing since the program launched 16 years ago,” said Clayton Collins, CEO of HW Media. “HousingWire Women of Influence honorees are leading meaningful progress across the housing economy, with influence spanning mortgage, real estate, and the entire homeownership experience. They’re driving real results at some of the industry’s most impactful organizations.”

    A mortgage loan officer for 18 years, Beeston consistently ranks among the top purchase loan officers in the country. She is the first woman to be named the #1 VA loan originator by Scotsman Guide and currently holds the top spot for VA purchase loan originations nationwide for the second consecutive year.

    Beeston is passionate about financial education. “Every American should understand the basics of finance, including how to buy a house. Homeownership is the cornerstone of wealth creation in America. I educate people on YouTube so that anyone with an interest has access to easy-to-understand information that can help them achieve their financial goals.”

    Media frequently seeks her out for her insights at the intersection of financial education and innovation, including the entry of cryptocurrency into the mortgage lending conversation. On the topic, Beeston notes:

    “As the financial landscape evolves, it’s important for lending to keep pace. Allowing borrowers to count cryptocurrency toward their reserve requirements is a smart, forward-looking move, as long as it’s done responsibly. Many financially savvy clients are building wealth in digital assets, and they shouldn’t have to liquidate just to qualify for a home. We need to meet people where they are while maintaining sensible guardrails.” For more on this topic from Beeston, please listen to this recent interview with Host Josh Lipton on Yahoo Finance.

    As she serves customers nationwide, she combines Rate technology and diverse loan programs with a mission-driven approach. Her platform has earned the trust of over 100,000 YouTube subscribers and garnered national recognition as a trusted expert from prominent outlets, including NewsNation, Yahoo Finance, Fox, Newsweek, and Fortune.

    “Jennifer is the definition of a mission-driven leader,” said Shant Banosian, President of Rate. “She brings passion, intelligence, and heart to everything she does, and the impact she’s made on our business, our team, and the industry at large is nothing short of extraordinary. We’re incredibly proud to see her recognized by HousingWire as a Woman of Influence.”

    In addition to being a top producer, Beeston is the creator of NoStressVA.com, a free online course designed to help veterans and industry professionals better understand and navigate the VA home loan benefit. Her advocacy work combats misinformation and empowers borrowers to make informed decisions—an approach that aligns closely with Rate’s commitment to transparency and consumer-first lending.

    She is also the author of Brainhacked: How Big Tech Trains You to Spend and How to Fight Back, a guide to staying true to your financial goals in the modern era of “click, click, buy.”

    Beeston is a mentor and cultural force within Rate. Her consumer advocacy has generated meaningful brand equity, and inspired colleagues across the organization. Through her voice, content, and leadership, she has become one of the most trusted names in lending.

    “It’s an honor to be named among this year’s Women of Influence,” said Beeston. “The mortgage industry is transforming at a record pace. From new and exciting developments in AI to potential crypto integration, conscious and thoughtful leadership is crucial in ensuring we act in the best interest of our clients and enhance their experience and options for homeownership. This group represents some of the most inspiring, forward-thinking leaders in housing today. I’m proud to stand alongside those who are reimagining how we serve Americans, build trust, and expand access to homeownership. Together, we’re helping shape a more transparent future for the industry.”

    HousingWire’s editorial team selected winners and a panel of industry professionals based on their professional accomplishments, industry contributions, community involvement, and overall influence. The 2025 list reflects the depth and diversity of talent that will lead housing into the future.

    To view the complete list of this year’s honorees, see here: https://www.housingwire.com/articles/announcing-the-2025-women-of-influence/

    About Rate

    Rate Companies is a leader in mortgage lending and digital financial services. Headquartered in Chicago, Rate has over 850 branches across all 50 states and Washington, D.C. Since its launch in 2000, Rate has helped more than 2 million homeowners with home purchase loans, refinances, and home equity loans. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates, and delivering unparalleled customer service. Recent honors and awards include: a Best Mortgage Lender of 2025 by Fortune; Best Mortgage Lender of 2025 for First-Time Homebuyers by Forbes; a Best Mortgage Lender of 2025 for FHA Loans, Home Equity Loans, and Lower Credit Scores by NerdWallet; Best Mortgage Lender of 2025 for Digital Experience and Down Payment Assistance by Motley Fool; Chicago Agent Magazine’s Lender of the Year for seven consecutive years.

    Visit rate.com for more information.

    About HousingWire

    HousingWire is an information services company that provides unique data and research, respected business journalism and must-attend events for housing leaders to use to advance their understanding and business outcomes. Our vision is a world in which housing leaders have a complete view of the housing market, and a broad community of peers with whom they can connect. We are committed to delivering the data, analytics, media, and events that advance this vision.

    Because housing is too important for narrow perspectives and missed connections. Informed housing leaders are better housing leaders. A connected housing industry is a better housing industry. And the full picture always reveals new opportunities.

    Explore more at www.housingwire.com.

    Media Contact(s)

    For Rate:

    press@rate.com

    For HousingWire:

    Lesley Collins
    lesley@hwmedia.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8646a05d-31e9-4ce4-82b1-cbd3b5d4c94a

    The MIL Network

  • MIL-OSI: Community Bank & Trust Wins Top Honors for Second Consecutive Year

    Source: GlobeNewswire (MIL-OSI)

    LAGRANGE, Ga., July 02, 2025 (GLOBE NEWSWIRE) — Community Bank & Trust is proud to announce it has once again been named Best Bank, Best Overall Business in Troup County and Best Banker for 2025 — the latter awarded to Bill Stump, Director of Community Banking at Community Bank & Trust — by LaGrange Daily News. This marks the second consecutive year the institution has swept these prestigious categories.

    Every year, LaGrange Daily News takes votes from readers on the best businesses in the community. Best of Troup County is a way to recognize the people and businesses that go above and beyond, whether that’s due to the high quality of their product, their customer-focused approach, or any other characteristics that might separate them.

    This continued recognition is a direct reflection of the hard work, integrity, and customer-first mindset that defines the Community Bank & Trust team. From the front lines of service to the strategic leadership behind the scenes, every team member contributes to delivering a banking experience built on trust, reliability, and deep community connection.

    “Our team doesn’t just work in these communities — we live in them, invest in them, and are wholly committed to their success,” said Stump. “Being named Best Banker is a personal honor, but it’s also a tribute to the incredible team I’m fortunate to work with every day.”

    The awards are more than just accolades — they represent a commitment to consistency, excellence, and raising the standard in financial services. Community Bank & Trust remains focused on proving that these titles are earned not once, but every day, through meaningful relationships, expert guidance, and unwavering service.

    To view the full Best of Troup County 2025 list, click here.

    About Community Bank & Trust
    Community Bank & Trust is a subsidiary of Community Bankshares, Inc. and a leading financial institution serving Georgia and beyond. With a focus on relationship banking, innovative financial solutions, and strong community ties, CB&T is proud to be recognized not only for its service, but for its unwavering commitment to the people and businesses it serves.

    Media Contact
    Hannah Conley
    Uproar by Moburst for Community Bank & Trust
    Hannah.Conley@Moburst.com

    The MIL Network

  • MIL-OSI: Community Bank & Trust Wins Top Honors for Second Consecutive Year

    Source: GlobeNewswire (MIL-OSI)

    LAGRANGE, Ga., July 02, 2025 (GLOBE NEWSWIRE) — Community Bank & Trust is proud to announce it has once again been named Best Bank, Best Overall Business in Troup County and Best Banker for 2025 — the latter awarded to Bill Stump, Director of Community Banking at Community Bank & Trust — by LaGrange Daily News. This marks the second consecutive year the institution has swept these prestigious categories.

    Every year, LaGrange Daily News takes votes from readers on the best businesses in the community. Best of Troup County is a way to recognize the people and businesses that go above and beyond, whether that’s due to the high quality of their product, their customer-focused approach, or any other characteristics that might separate them.

    This continued recognition is a direct reflection of the hard work, integrity, and customer-first mindset that defines the Community Bank & Trust team. From the front lines of service to the strategic leadership behind the scenes, every team member contributes to delivering a banking experience built on trust, reliability, and deep community connection.

    “Our team doesn’t just work in these communities — we live in them, invest in them, and are wholly committed to their success,” said Stump. “Being named Best Banker is a personal honor, but it’s also a tribute to the incredible team I’m fortunate to work with every day.”

    The awards are more than just accolades — they represent a commitment to consistency, excellence, and raising the standard in financial services. Community Bank & Trust remains focused on proving that these titles are earned not once, but every day, through meaningful relationships, expert guidance, and unwavering service.

    To view the full Best of Troup County 2025 list, click here.

    About Community Bank & Trust
    Community Bank & Trust is a subsidiary of Community Bankshares, Inc. and a leading financial institution serving Georgia and beyond. With a focus on relationship banking, innovative financial solutions, and strong community ties, CB&T is proud to be recognized not only for its service, but for its unwavering commitment to the people and businesses it serves.

    Media Contact
    Hannah Conley
    Uproar by Moburst for Community Bank & Trust
    Hannah.Conley@Moburst.com

    The MIL Network

  • MIL-OSI: Fortinet to Announce Second Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., July 02, 2025 (GLOBE NEWSWIRE) —

    News Summary
    Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will hold a conference call to discuss its second quarter 2025 financial results on Wednesday, August 6, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).

    Fortinet’s financial results conference call will be broadcast live in listen-only mode on the company’s investor relations website at http://investor.fortinet.com. While not required, it is recommended that you join at least 10 minutes prior to the event start.

    The CEO and CFO’s prepared remarks, supplemental slides and a call replay will be accessible from the Quarterly Earnings page on the Investor Relations page of Fortinet’s website at https://investor.fortinet.com/quarterly-earnings.

    About Fortinet (www.fortinet.com)
    Fortinet (Nasdaq: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere our customers need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet’s solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including Computer Emergency Response Teams (“CERTS”), government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs

    FTNT-F
    Copyright © 2025 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAgent, FortiAI, FortiAIOps, FortiAgent, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiCNP, FortiConnect, FortiController, FortiConverter, FortiCSPM, FortiCWP, FortiDAST, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiDLP, FortiEdge, FortiEDR, FortiEndpoint FortiExplorer, FortiExtender, FortiFirewall, FortiFlex FortiFone, FortiGSLB, FortiGuest, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPAM, FortiPenTest, FortiPhish, FortiPoint, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiScanner, FortiSDNConnector, FortiSEC, FortiSIEM, FortiSMS, FortiSOAR, FortiSRA, FortiStack, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM, FortiXDR and Lacework FortiCNAPP. Other trademarks belong to their respective owners.

    Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

    The MIL Network

  • MIL-OSI: Fortinet to Announce Second Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., July 02, 2025 (GLOBE NEWSWIRE) —

    News Summary
    Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will hold a conference call to discuss its second quarter 2025 financial results on Wednesday, August 6, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).

    Fortinet’s financial results conference call will be broadcast live in listen-only mode on the company’s investor relations website at http://investor.fortinet.com. While not required, it is recommended that you join at least 10 minutes prior to the event start.

    The CEO and CFO’s prepared remarks, supplemental slides and a call replay will be accessible from the Quarterly Earnings page on the Investor Relations page of Fortinet’s website at https://investor.fortinet.com/quarterly-earnings.

    About Fortinet (www.fortinet.com)
    Fortinet (Nasdaq: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere our customers need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet’s solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including Computer Emergency Response Teams (“CERTS”), government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs

    FTNT-F
    Copyright © 2025 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAgent, FortiAI, FortiAIOps, FortiAgent, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiCNP, FortiConnect, FortiController, FortiConverter, FortiCSPM, FortiCWP, FortiDAST, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiDLP, FortiEdge, FortiEDR, FortiEndpoint FortiExplorer, FortiExtender, FortiFirewall, FortiFlex FortiFone, FortiGSLB, FortiGuest, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPAM, FortiPenTest, FortiPhish, FortiPoint, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiScanner, FortiSDNConnector, FortiSEC, FortiSIEM, FortiSMS, FortiSOAR, FortiSRA, FortiStack, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM, FortiXDR and Lacework FortiCNAPP. Other trademarks belong to their respective owners.

    Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

    The MIL Network

  • MIL-OSI: IoTeX announces AI Expansion as the open ecosystem for Physical Intelligence

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, July 02, 2025 (GLOBE NEWSWIRE) — IoTeX, the decentralized network bridging the physical and digital worlds, today announced a significant expansion into artificial intelligence. This vision introduces a unified ecosystem for Physical AI, a new category of intelligence powered by real-world data from machines, devices, and decentralized infrastructure.

    The physical world is AI’s next frontier

    As AI systems transition from digital environments into real-world applications, their effectiveness hinges on access to live, trustworthy data from their physical surroundings. While today’s AI models boast impressive capabilities, they operate in abstraction—unable to reliably perceive or react to real-time changes in the world.

    “IoTeX enables a new class of AI that’s grounded in reality,” said Raullen Chai, Co-Founder and CEO of IoTeX. “Real-world data is the missing link in today’s AI stack. Our expansion unlocks a continuously evolving layer of intelligence, open to anyone who wants to contribute, build, or deploy.”

    By creating a shared infrastructure where machines and AI agents can coordinate via verified, real-time data, IoTeX transforms decentralized networks into a foundation for truly responsive, real-world AI systems.

    Building the open ecosystem for physical intelligence

    Since its founding in 2017, IoTeX has pioneered technologies to bridge physical devices with blockchain networks. These include on-chain machine registration, real-world verification via zero-knowledge proofs, and the advancement of Decentralized Physical Infrastructure Networks (DePINs). The company has long held the belief that machines, not just humans, would become core participants in Web3 ecosystems.

    This latest AI expansion marks the next evolution of that vision: linking the growing demand from AI developers for real-time, verifiable data with the global supply of connected devices and DePIN participants already living on IoTeX.

    IoTeX’s AI infrastructure is powered by four key components:

    • IoTeX Layer 1 Blockchain: Secure, fast coordination across physical networks.
    • ioID Protocol: A decentralized identity layer for authenticating machines and agents.
    • Quicksilver: A novel AI framework that transforms raw machine signals into structured, real-time data AI can reason over.
    • IOTX Token: The backbone of economic alignment, used for governance, incentives, and ecosystem utility.

    These building blocks converge in a new technical primitive at the center of IoTeX’s AI architecture: Realms.

    Realms: Living, evolving knowledge bases for real-world intelligence

    At the core of IoTeX’s AI expansion is the introduction of Realms– the evolving domain-specific knowledge bases of real-time, real world data that continuously synthesize insights from machines, people, and sensors to generate actionable intelligence in sectors like mobility, health, energy, and robotics.

    Realms serve two primary purposes:

    1. Delivering real-time situational awareness for AI agents.
    2. Providing dynamic environments for training the next generation of Physical AI models.

    Each Realm enables coordination among data producers, machine networks, and AI developers. As new data flows into a Realm from connected devices and DePIN nodes, its intelligence becomes more precise, adaptive, and valuable. In turn, Realms evolve into living knowledge bases that scale with participation.

    “We’re building dynamic economies of intelligence,” said Jing Sun, Co-Founder of IoTeX. “These aren’t static datasets. They’re active environments where machines, people, and AI collaborate to generate continuously evolving knowledge.”

    Together, these Realms form a global constellation of verified environments where physical intelligence becomes a scalable and monetizable resource and commodity for real-world AI applications.

    Collective intelligence in action

    With the introduction of Realms and Quicksilver, AI agents can now access live, authenticated data on demand, enabling safer decisions, more accurate predictions, and deeper alignment with physical outcomes. This brings AI out of isolation and into interactive, real-time engagement with the world.

    The expansion represents a pivotal milestone for IoTeX. It unites years of foundational work in trusted machine networks, decentralized identity, and tokenized coordination into a comprehensive platform purpose-built for AI.

    This is the world’s first open ecosystem for Physical Intelligence, where machines, data, and intelligent systems collaborate in real time to serve human needs.

    What’s next

    IoTeX’s Open Ecosystem will enable everyday people to become a stakeholder in the Physical AI revolution. IoTeX will soon release a full vision paper detailing the technical architecture, governance design, and roadmap behind Realms, Quicksilver, and the broader Physical Intelligence Ecosystem.

    With this launch, IoTeX positions itself at the forefront of real-world AI infrastructure, championing a future where intelligence is no longer abstract, but grounded in the environments it serves.

    To learn more, visit iotex.io or follow @iotex_io on Twitter.

    About IoTeX

    Founded in 2017, IoTeX is a pioneering blockchain platform building an open ecosystem for physical intelligence. Our mission is to transform data from physical machine networks into collective intelligence, powering the next generation of AI. IoTeX provides cutting-edge infrastructure for bridging the physical and digital worlds, empowering builders with decentralized identity (DID) for machines, zero-knowledge proofs for data verification, smart contracts for orchestration, and an AI data interaction framework. With an ecosystem of over 100 DePINs, IoTeX is expanding into Physical AI, combining real-world machine data with human insights to create new intelligence for the AI industry. From transportation and energy to healthcare and robotics, IoTeX is creating a foundation layer for AI to perceive, understand, and navigate the real world.

    Media Contact
    Jing Sun
    jing@iotex.io

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c7994a59-d5cb-45ff-a36a-0236a7c075a7

    The MIL Network

  • MIL-OSI: IoTeX announces AI Expansion as the open ecosystem for Physical Intelligence

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, July 02, 2025 (GLOBE NEWSWIRE) — IoTeX, the decentralized network bridging the physical and digital worlds, today announced a significant expansion into artificial intelligence. This vision introduces a unified ecosystem for Physical AI, a new category of intelligence powered by real-world data from machines, devices, and decentralized infrastructure.

    The physical world is AI’s next frontier

    As AI systems transition from digital environments into real-world applications, their effectiveness hinges on access to live, trustworthy data from their physical surroundings. While today’s AI models boast impressive capabilities, they operate in abstraction—unable to reliably perceive or react to real-time changes in the world.

    “IoTeX enables a new class of AI that’s grounded in reality,” said Raullen Chai, Co-Founder and CEO of IoTeX. “Real-world data is the missing link in today’s AI stack. Our expansion unlocks a continuously evolving layer of intelligence, open to anyone who wants to contribute, build, or deploy.”

    By creating a shared infrastructure where machines and AI agents can coordinate via verified, real-time data, IoTeX transforms decentralized networks into a foundation for truly responsive, real-world AI systems.

    Building the open ecosystem for physical intelligence

    Since its founding in 2017, IoTeX has pioneered technologies to bridge physical devices with blockchain networks. These include on-chain machine registration, real-world verification via zero-knowledge proofs, and the advancement of Decentralized Physical Infrastructure Networks (DePINs). The company has long held the belief that machines, not just humans, would become core participants in Web3 ecosystems.

    This latest AI expansion marks the next evolution of that vision: linking the growing demand from AI developers for real-time, verifiable data with the global supply of connected devices and DePIN participants already living on IoTeX.

    IoTeX’s AI infrastructure is powered by four key components:

    • IoTeX Layer 1 Blockchain: Secure, fast coordination across physical networks.
    • ioID Protocol: A decentralized identity layer for authenticating machines and agents.
    • Quicksilver: A novel AI framework that transforms raw machine signals into structured, real-time data AI can reason over.
    • IOTX Token: The backbone of economic alignment, used for governance, incentives, and ecosystem utility.

    These building blocks converge in a new technical primitive at the center of IoTeX’s AI architecture: Realms.

    Realms: Living, evolving knowledge bases for real-world intelligence

    At the core of IoTeX’s AI expansion is the introduction of Realms– the evolving domain-specific knowledge bases of real-time, real world data that continuously synthesize insights from machines, people, and sensors to generate actionable intelligence in sectors like mobility, health, energy, and robotics.

    Realms serve two primary purposes:

    1. Delivering real-time situational awareness for AI agents.
    2. Providing dynamic environments for training the next generation of Physical AI models.

    Each Realm enables coordination among data producers, machine networks, and AI developers. As new data flows into a Realm from connected devices and DePIN nodes, its intelligence becomes more precise, adaptive, and valuable. In turn, Realms evolve into living knowledge bases that scale with participation.

    “We’re building dynamic economies of intelligence,” said Jing Sun, Co-Founder of IoTeX. “These aren’t static datasets. They’re active environments where machines, people, and AI collaborate to generate continuously evolving knowledge.”

    Together, these Realms form a global constellation of verified environments where physical intelligence becomes a scalable and monetizable resource and commodity for real-world AI applications.

    Collective intelligence in action

    With the introduction of Realms and Quicksilver, AI agents can now access live, authenticated data on demand, enabling safer decisions, more accurate predictions, and deeper alignment with physical outcomes. This brings AI out of isolation and into interactive, real-time engagement with the world.

    The expansion represents a pivotal milestone for IoTeX. It unites years of foundational work in trusted machine networks, decentralized identity, and tokenized coordination into a comprehensive platform purpose-built for AI.

    This is the world’s first open ecosystem for Physical Intelligence, where machines, data, and intelligent systems collaborate in real time to serve human needs.

    What’s next

    IoTeX’s Open Ecosystem will enable everyday people to become a stakeholder in the Physical AI revolution. IoTeX will soon release a full vision paper detailing the technical architecture, governance design, and roadmap behind Realms, Quicksilver, and the broader Physical Intelligence Ecosystem.

    With this launch, IoTeX positions itself at the forefront of real-world AI infrastructure, championing a future where intelligence is no longer abstract, but grounded in the environments it serves.

    To learn more, visit iotex.io or follow @iotex_io on Twitter.

    About IoTeX

    Founded in 2017, IoTeX is a pioneering blockchain platform building an open ecosystem for physical intelligence. Our mission is to transform data from physical machine networks into collective intelligence, powering the next generation of AI. IoTeX provides cutting-edge infrastructure for bridging the physical and digital worlds, empowering builders with decentralized identity (DID) for machines, zero-knowledge proofs for data verification, smart contracts for orchestration, and an AI data interaction framework. With an ecosystem of over 100 DePINs, IoTeX is expanding into Physical AI, combining real-world machine data with human insights to create new intelligence for the AI industry. From transportation and energy to healthcare and robotics, IoTeX is creating a foundation layer for AI to perceive, understand, and navigate the real world.

    Media Contact
    Jing Sun
    jing@iotex.io

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

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    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c7994a59-d5cb-45ff-a36a-0236a7c075a7

    The MIL Network

  • MIL-OSI: Voxtur Announces Results of Annual and Special Meeting of Shareholders

    Source: GlobeNewswire (MIL-OSI)

    TORONTO and TAMPA, Fla., July 02, 2025 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) (“Voxtur” or the “Company”), a North American technology company creating a more transparent and accessible real estate lending ecosystem, today announced the results of its Annual and Special Meeting of Shareholders held earlier today (the “Meeting”).

    At the Meeting, the shareholders of the Company approved a resolution setting the number of directors of the Company at four and authorizing the Board to set the number of directors, and elected the following persons to serve as directors of the Company (the “Board”), each for a term of one year or until their successor is duly elected or appointed: Michael Harris, Allan Bezanson, Ray Williams, and Gary Yeoman.

    The shareholders also approved the appointment of MNP LLP as the Company’s auditor and the ratification of the Company’s Long-Term Incentive Plan (the “LTIP”). A complete copy of the LTIP is available in the Management Information Circular for the Meeting, which is available at www.sedar.com. Finally, the shareholders confirmed, ratified and approved the Advance Notice By-Law.

    About Voxtur

    Voxtur is a proptech company. The company offers targeted data analytics to simplify the multifaceted aspects of the lending lifecycle for investors, lenders, government agencies and servicers. Voxtur’s proprietary data hub and workflow platforms more accurately and efficiently value real estate assets, providing critical due diligence that enables market participants to effectively originate, trade, or service defaults on mortgage loans. As an independent and transparent mortgage technology provider, the company offers primary and secondary market solutions in the United States and Canada. For more information, visit www.voxtur.com

    Forward-Looking Information

    This news release contains certain forward-looking statements and forward-looking information (collectively, “forward-looking information”) which reflect the expectations of management regarding the Company’s future growth, financial performance and objectives and the Company’s strategic initiatives, plans, business prospects and opportunities. These forward-looking statements reflect management’s current expectations regarding future events and the Company’s financial and operating performance and speak only as of the date of this press release. By their very nature, forward-looking statements require management to make assumptions and involve significant risks and uncertainties, should not be read as guarantees of future events, performance or results, and give rise to the possibility that management’s predictions, forecasts, projections, expectations or conclusions will not prove to be accurate, that the assumptions may not be correct and that the Company’s future growth, financial performance and objectives and the Company’s strategic initiatives, plans, business prospects and opportunities, including the duration, impact of and recovery from the COVID-19 pandemic, will not occur or be achieved. Any information contained herein that is not based on historical facts may be deemed to constitute forward-looking information within the meaning of Canadian and United States securities laws. Forward-looking information may be based on expectations, estimates and projections as at the date of this news release, and may be identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions. Forward-looking information may include but is not limited to the anticipated financial performance of the Company and other events or conditions that may occur in the future. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the information is provided. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance, or achievements of the Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information include but are not limited to: additional costs related to acquisitions, integration of acquired businesses, and implementation of new products; changing global financial conditions, especially in light of the COVID-19 global pandemic; reliance on specific key employees and customers to maintain business operations; competition within the Company’s industry; a risk in technological failure, failure to implement technological upgrades, or failure to implement new technological products in accordance with expected timelines; changing market conditions related to defaulted mortgage loans, and the failure of clients to send foreclosure and bankruptcy referrals in volumes similar to those prior to the COVID-19 global pandemic; failure of governing agencies and regulatory bodies to approve the use of products and services developed by the Company; the Company’s dependence on maintaining intellectual property and protecting newly developed intellectual property; operating losses and negative cash flows; and currency fluctuations. Accordingly, readers should not place undue reliance on forward-looking information contained herein. Factors relating to the Company’s financial guidance and targets disclosed in this press release include, in addition to the factors set out above, the degree to which actual future events accord with, or vary from, the expectations of, and assumptions used by, Voxtur’s management in preparing the financial guidance and targets.

    This forward-looking information is provided as of the date of this news release and, accordingly, is subject to change after such date. The Company does not assume any obligation to update or revise this information to reflect new events or circumstances except as required in accordance with applicable laws.

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

    Voxtur’s common shares are traded on the TSX Venture Exchange under the symbol VXTR and in the US on the OTCQB under the symbol VXTRF.

    Company Contact:
    Jordan Ross
    Tel: (416)708-9764

    jordan@voxtur.com

    The MIL Network

  • MIL-OSI: Former SWAT Leader and National Educator Joins WrapTactics™ to Launch Digital Pre-Escalation Training

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, July 02, 2025 (GLOBE NEWSWIRE) — Wrap Technologies, Inc. (NASDAQ: WRAP) (“Wrap” or, the “Company”), a global leader in pre-escalation and non-lethal public safety solutions, today announces the appointment of Todd Larson, EdD., MSL, FABC, as Strategic Advisor of the Company. Dr. Larson will guide the development of WrapTactics™, Wrap’s advanced learning management system focused on elevating police training through integrated mindset conditioning, emotional regulation and tactical problem-solving.

    Dr. Larson brings over 30 years of experience in law enforcement, public safety innovation and education. His decorated 22-year tenure with the Scottsdale Police Department included leadership roles in Special Investigations, Violent Crimes, and more than a decade with the SWAT team as operator, sniper and team leader. Complementing his field experience, Dr. Larson has taught at the University of Phoenix, Northern Arizona University, and delivered leadership, ethics and emotional intelligence training nationwide to thousands of officers.

    “Dr. Larson’s commitment to innovation, leadership and his extensive law enforcement experience makes him an invaluable addition to our core advisory team,” said Scot Cohen, Chief Executive Officer of Wrap. “His expertise is expected to ensure our learning system is grounded in reality, guided by science and focused on safer outcomes for all.”

    As Wrap builds a scalable and practical training platform in public safety, Dr. Larson will lead efforts to embed scenario-based modules rooted in real-world encounters, emphasizing three critical components of effective policing:

    • Mindset framing to foster clarity under pressure within the pre-escalation period;
    • Emotion regulation to de-escalate before force becomes necessary; and
    • Tactical precision to resolve situations safely and effectively.

    “I am honored to support Wrap’s mission to improve officer readiness through innovation,” said Dr. Larson. “WrapTactics™ isn’t just about tools—it’s about transforming the way officers think, respond and lead in every interaction.”

    Larson holds a Doctorate in Organizational Leadership and a master’s degree in leadership with an emphasis in Crisis Management and Disaster Preparedness from Grand Canyon University, as well as a bachelor’s degree in education from Northern Arizona University. He also works as a consultant with a large Arizona based healthcare system focused on Innovation and Network Operations, is a published author and a nationally known speaker.

    To learn more about WrapTactics™ and Dr. Larson’s role in redefining modern police training, visit [www.wrap.com].

    About Wrap Technologies, Inc.

    Wrap Technologies, Inc. (Nasdaq: WRAP) a global leader in innovative public safety technologies and non-lethal tools, delivering cutting-edge technology with exceptional people to address the complex, modern day challenges facing public safety organizations.

    Wrap’s BolaWrap® 150 solution leads the world in pre-escalation and beyond, providing law enforcement with a safer choice for nearly every phase of a critical incident.

    This innovative, patented device deploys a multi-sensory, cognitive disruption that leverages sight, sound and sensation to expand the pre-escalation period and give officers the advantage and critical time to manage non-compliant subjects before resorting to higher-force options. The BolaWrap® 150 is a not pain-based- compliance. It does not shoot, strike, shock, or incapacitate—instead, it helps officers strategically operate pre-escalation on the force continuum, reducing the risk of injury to both officers and subjects. Used by over 1,000 agencies across the U.S. and in 60 countries, BolaWrap® is backed by training certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST), reinforcing Wrap’s commitment to public safety through cutting-edge technology and expert training.

    Wrap Reality® VR is a fully immersive training simulator to enhance decision-making under pressure.

    As a comprehensive public safety training platform, it provides first responders with realistic, interactive scenarios that reflect the evolving challenges of modern law enforcement. By offering a growing library of real-world situations, Wrap Reality® equips officers with the skills and confidence to navigate high stakes encounters effectively, leading to safer outcomes for both responders and the communities they serve.

    WrapVision is an all-new body-worn camera and evidence management system built for efficiency.

    Designed for efficiency, security, and transparency to meet the rigorous demands of modern law enforcement, WrapVision captures, stores and helps manage digital evidence, with operational security, regulatory compliance and superior video picture quality and field of view.

    The WrapVision camera, powered by IONODES boasts cloud integration and adheres to Trade Agreements Act (TAA) compliance requirements and GSA schedule contracts requirements. Crucially, unlike many competitor devices manufactured overseas in foreign, non-compliant, and possibly hostile regions, WrapVision is built in North America, promoting unparalleled data integrity and reducing critical concerns over unauthorized access or foreign surveillance risks.

    Trademark Information

    Trademark Information Wrap, the Wrap logo, BolaWrap®, Wrap Reality® and Wrap Training Academy are trademarks of Wrap Technologies, Inc., some of which are registered in the U.S. and abroad. All other trade names used herein are either trademarks or registered trademarks of the respective holders.

    Cautionary Note on Forward-Looking Statements – Safe Harbor Statement

    This release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Words such as “expect,” “anticipate,” “should”, “believe”, “target”, “project”, “goals”, “estimate”, “potential”, “predict”, “may”, “will”, “could”, “intend”, and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Moreover, forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control. The Company’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the Company’s expectations related to the appointment of the new Chief Financial Officer, the expected benefits of the acquisition of W1 Global, LLC, the Company’s ability to maintain compliance with the Nasdaq Capital Market’s listing standards; the Company’s ability to successfully implement training programs for the use of its products; the Company’s ability to manufacture and produce products for its customers; the Company’s ability to develop sales for its products; the market acceptance of existing and future products; the availability of funding to continue to finance operations; the complexity, expense and time associated with sales to law enforcement and government entities; the lengthy evaluation and sales cycle for the Company’s product solutions; product defects; litigation risks from alleged product-related injuries; risks of government regulations; the business impact of health crises or outbreaks of disease, such as epidemics or pandemics; the impact resulting from geopolitical conflicts and any resulting sanctions; the ability to obtain export licenses for counties outside of the United States; the ability to obtain patents and defend intellectual property against competitors; the impact of competitive products and solutions; and the Company’s ability to maintain and enhance its brand, as well as other risk factors mentioned in the Company’s most recent annual report on Form 10-K, subsequent quarterly reports on Form 10-Q, and other Securities and Exchange Commission filings. These forward-looking statements are made as of the date of this release and were based on current expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management. Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations.

    Investor Relations Contact:
    (800) 583-2652
    ir@wrap.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6444767d-f765-42a5-873b-4d2990983561

    The MIL Network

  • MIL-OSI USA: Suburban Chicago Businessman Convicted for Role in Bank Fraud and PPP Fraud Schemes

    Source: US State of California

    A federal jury convicted an Illinois businessman yesterday for his role in schemes to fraudulently obtain over $55 million in commercial loans and lines of credit and for submitting fraudulent applications to obtain COVID-19 relief money guaranteed by the U.S. Small Business Administration (SBA) through the Paycheck Protection Program (PPP).

    According to court documents and evidence presented at trial, Rahul Shah, 56, of Evanston, the owner and operator of several information technology companies in the Chicago area, fraudulently obtained funds from loans and lines of credit for which he was not eligible from federally insured financial institutions and later defaulted on at least one such line of credit and one such loan. Shah submitted to federally insured financial institutions falsified bank statements that fraudulently inflated deposits, falsified balance sheets that overstated revenues, and fabricated audited financial statements with forged signatures. Shah also engaged in monetary transactions with proceeds from the bank fraud.

    Shah also submitted to a federally insured bank an application for a $441,138 loan guaranteed by the SBA that significantly overstated the payroll expenses of a company he controlled. In support of the loan application, he submitted to the lender several fraudulent IRS documents, which falsely represented that the company made payments to multiple individuals who had not received such payments. He also used stolen identities to carry out the fraud, using the names and taxpayer identification numbers of individuals that he knew had not received payments from the company in the PPP loan applications.

    In addition, Shah signed and caused to be submitted to the lender what purported to be IRS Forms 941 representing his company’s quarterly payroll expenses for 2019. A comparison between the documents submitted to the lender and the company’s IRS and state tax filings revealed that Shah’s company reported significantly lower payroll expenses to the tax authorities.

    Shah was convicted of seven counts of bank fraud, five counts of making false statements to a financial institution, two counts of money laundering, and two counts of aggravated identity theft. He is scheduled to be sentenced on Nov. 13. Shah faces up to 30 years in prison on each count of bank fraud and false statements to a financial institution, up to 10 years in prison on each count of money laundering, and up to two years in prison for each aggravated identity theft count. A federal district court judge will determine the sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Matthew R. Galeotti, Head of the Justice Department’s Criminal Division, U.S. Attorney Andrew S. Boutros for the Northern District of Illinois, Special Agent in Charge Douglas S. DePodesta of the FBI Chicago Field Office, and Special Agent in Charge Brady Ipock of the Small Business Administration Office of Inspector General (SBA OIG) Chicago Field Office made the announcement.

    The FBI Chicago Field Office and SBA OIG Chicago Field Office investigated the case.

    Assistant Chief Patrick Mott and Trial Attorney Lindsey Carson of the Criminal Division’s Fraud Section and Assistant U.S. Attorney Jasmina Vajzovic for the Northern District of Illinois are prosecuting the case.

    The Fraud Section leads the Criminal Division’s prosecution of fraud schemes that exploit the PPP. Since the enactment of the CARES Act, the Fraud Section has prosecuted over 200 defendants in more than 130 criminal cases and has seized over $78 million in cash proceeds derived from fraudulently obtained PPP funds, as well as numerous real estate properties and luxury items purchased with such proceeds. More information can be found at www.justice.gov/criminal/criminal-fraud/cares-act-fraud

    Anyone with information about allegations of attempted fraud involving COVID-19 can report it by calling the Justice Department’s National Center for Disaster Fraud (NCDF) Hotline via the NCDF Web Complaint Form at www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form.

    MIL OSI USA News

  • MIL-OSI Security: Suburban Chicago Businessman Convicted for Role in Bank Fraud and PPP Fraud Schemes

    Source: United States Attorneys General

    A federal jury convicted an Illinois businessman yesterday for his role in schemes to fraudulently obtain over $55 million in commercial loans and lines of credit and for submitting fraudulent applications to obtain COVID-19 relief money guaranteed by the U.S. Small Business Administration (SBA) through the Paycheck Protection Program (PPP).

    According to court documents and evidence presented at trial, Rahul Shah, 56, of Evanston, the owner and operator of several information technology companies in the Chicago area, fraudulently obtained funds from loans and lines of credit for which he was not eligible from federally insured financial institutions and later defaulted on at least one such line of credit and one such loan. Shah submitted to federally insured financial institutions falsified bank statements that fraudulently inflated deposits, falsified balance sheets that overstated revenues, and fabricated audited financial statements with forged signatures. Shah also engaged in monetary transactions with proceeds from the bank fraud.

    Shah also submitted to a federally insured bank an application for a $441,138 loan guaranteed by the SBA that significantly overstated the payroll expenses of a company he controlled. In support of the loan application, he submitted to the lender several fraudulent IRS documents, which falsely represented that the company made payments to multiple individuals who had not received such payments. He also used stolen identities to carry out the fraud, using the names and taxpayer identification numbers of individuals that he knew had not received payments from the company in the PPP loan applications.

    In addition, Shah signed and caused to be submitted to the lender what purported to be IRS Forms 941 representing his company’s quarterly payroll expenses for 2019. A comparison between the documents submitted to the lender and the company’s IRS and state tax filings revealed that Shah’s company reported significantly lower payroll expenses to the tax authorities.

    Shah was convicted of seven counts of bank fraud, five counts of making false statements to a financial institution, two counts of money laundering, and two counts of aggravated identity theft. He is scheduled to be sentenced on Nov. 13. Shah faces up to 30 years in prison on each count of bank fraud and false statements to a financial institution, up to 10 years in prison on each count of money laundering, and up to two years in prison for each aggravated identity theft count. A federal district court judge will determine the sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Matthew R. Galeotti, Head of the Justice Department’s Criminal Division, U.S. Attorney Andrew S. Boutros for the Northern District of Illinois, Special Agent in Charge Douglas S. DePodesta of the FBI Chicago Field Office, and Special Agent in Charge Brady Ipock of the Small Business Administration Office of Inspector General (SBA OIG) Chicago Field Office made the announcement.

    The FBI Chicago Field Office and SBA OIG Chicago Field Office investigated the case.

    Assistant Chief Patrick Mott and Trial Attorney Lindsey Carson of the Criminal Division’s Fraud Section and Assistant U.S. Attorney Jasmina Vajzovic for the Northern District of Illinois are prosecuting the case.

    The Fraud Section leads the Criminal Division’s prosecution of fraud schemes that exploit the PPP. Since the enactment of the CARES Act, the Fraud Section has prosecuted over 200 defendants in more than 130 criminal cases and has seized over $78 million in cash proceeds derived from fraudulently obtained PPP funds, as well as numerous real estate properties and luxury items purchased with such proceeds. More information can be found at www.justice.gov/criminal/criminal-fraud/cares-act-fraud

    Anyone with information about allegations of attempted fraud involving COVID-19 can report it by calling the Justice Department’s National Center for Disaster Fraud (NCDF) Hotline via the NCDF Web Complaint Form at www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form.

    MIL Security OSI

  • MIL-OSI: Sixth Street Completes Acquisition of Enstar

    Source: GlobeNewswire (MIL-OSI)

    HAMILTON, Bermuda, July 02, 2025 (GLOBE NEWSWIRE) — Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced the closing of its acquisition by investment vehicles managed by affiliates of Sixth Street, a leading global investment firm, for $338.00 in cash per ordinary share, representing a total equity value of $5.1 billion. Liberty Strategic Capital, J.C. Flowers & Co. LLC, and other institutional investors also participated in the transaction.

    “This is a major moment for Enstar as we begin our next chapter as a private company,” said Enstar’s Chief Executive Officer Dominic Silvester. “Together with Sixth Street, we will build on our position as a leading global (re)insurance group, delivering innovative solutions to our partners and maintaining our competitive advantage. I’d like to thank our employees, past and present, whose contributions have been instrumental to achieving this milestone.”

    “Enstar is a compelling company with a robust business model and an exceptional management team,” said Michael Muscolino, Co-Founder and Partner at Sixth Street. “We are thrilled to reach this milestone and look forward to partnering with Dominic and the rest of the Enstar team to help them execute on their existing strategy.”

    In connection with the closing of the transaction, Enstar notified The Nasdaq Stock Market, LLC (“NASDAQ”) that Enstar intends to voluntarily withdraw its depositary shares, each representing a 1/1,000th interest in a 7.00% Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Share, Series D, par value $1.00 per share, and its depositary shares, each representing a 7.00% Perpetual Non-Cumulative Preferred Share, Series E, par value $1.00 per share (collectively, the “depositary shares”) from listing on NASDAQ and registration pursuant to Section 12(b) of the Securities Exchange Act of 1934. Enstar expects to file a Form 25 Notification of Delisting with the Securities and Exchange Commission (the “SEC”) on or about July 14, 2025, relating to delisting and deregistering of the depositary shares. Enstar has not arranged, and does not intend to arrange, for listing and/or registration of the depositary shares on another national securities exchange or for quotation of the depositary shares in a quotation medium.

    The transaction was announced on July 29, 2024, and approved by Enstar shareholders at the Company’s Special General Meeting of Shareholders on November 6, 2024. With the completion of the acquisition, Enstar’s ordinary shares will no longer be listed publicly, and Enstar will continue operations as a privately held, standalone company. The Company will continue to operate under the Enstar name.

    Advisors

    Goldman Sachs & Co. LLC acted as financial advisor to Enstar and Paul, Weiss, Rifkind, Wharton & Garrison LLP and Hogan Lovells US LLP acted as legal advisors. Ardea Partners LP, Barclays PLC and J.P. Morgan Securities LLC acted as financial advisors to Sixth Street and Simpson Thacher & Bartlett LLP, Debevoise & Plimpton LLP and Cleary Gottlieb Steen & Hamilton LLP acted as legal advisors.

    Forward Looking Statements

    This communication contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that include words such as “estimate,” “project,” “plan,” “intend,” “expect,” “anticipate,” “believe,” “would,” “should,” “could,” “seek,” “may,” “will” and similar statements of a future or forward-looking nature identify forward-looking statements for purposes of the federal securities laws or otherwise. These statements include statements regarding the intent, belief or current expectations of Enstar and its management team. Investors are cautioned that any such forward-looking statements speak only as of the date they are made, are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, including those related to the satisfaction of any post-closing regulatory requirements.

    Risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements, in addition to those identified above, include: (i) the risk that an active trading market for the newly preferred shares that our holders of the depositary shares representing Enstar Preferred Shares received in the transaction does not exist and may not develop; (ii) those risks and uncertainties set forth under the headings “Forward Looking Statements” and “Risk Factors” in Enstar’s Annual Report on Form 10-K for the year ended December 31, 2024 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, as such risk factors may be amended, supplemented or superseded from time to time by other reports filed by Enstar with the SEC from time to time, which are available via the SEC’s website at www.sec.gov; and (iii) those risks described in the definitive proxy statement on Schedule 14A (the “Proxy Statement”) filed with the SEC on October 11, 2024 and available from the sources indicated below.

    These risks, as well as other risks associated with the transaction, are more fully discussed in the Proxy Statement filed with the SEC on October 11, 2024, in connection with the transaction. These factors should not be construed as exhaustive and should be read in conjunction with the other forward-looking statements. The forward-looking statements relate only to events as of the date on which the statements are made. Enstar undertakes no obligation to update any written or oral forward-looking statements or publicly announce any updates or revisions to any of the forward-looking statements contained herein, or to reflect any change in its expectations with regard thereto or any change in events, conditions, circumstances or assumptions underlying such statements, except as required by law. If one or more of these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, our actual results may vary materially from what we may have expressed or implied by these forward-looking statements. We caution that you should not place undue reliance on any of our forward-looking statements. You should specifically consider the factors identified in this communication that could cause actual results to differ. Furthermore, new risks and uncertainties arise from time to time, and it is impossible for us to predict those events or how they may affect Enstar.

    About Enstar

    Enstar is a global insurance group that offers innovative capital release solutions through its network of group companies in Bermuda, the United States, the United Kingdom, Continental Europe, Australia, and other international locations. A market leader in completing legacy acquisitions, Enstar has acquired more than 120 companies and portfolios since its formation in 2001. For further information about Enstar, see www.enstargroup.com.

    About Sixth Street

    Sixth Street is a global investment firm with over $115 billion in assets under management and committed capital. The firm uses its long-term flexible capital, data-enabled capabilities, and “One Team” culture to develop themes and offer solutions to companies across all stages of growth. Founded in 2009, Sixth Street has more than 650 team members including over 280 investment professionals around the world. For more information, visit www.sixthstreet.com, and follow Sixth Street on LinkedIn.

    Contact:

    For Enstar:
    For Investors: Matthew Kirk (investor.relations@enstargroup.com)
    For Media: Jenna Kerr (communications@enstargroup.com)

    For Sixth Street:
    media@sixthstreet.com

    The MIL Network