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Category: Economy

  • MIL-OSI USA: Governor Stein Announces a $11 Million Expansion for BSH Home Appliances in Craven County, Adding Nearly 200 Jobs

    Source: US State of North Carolina

    Headline: Governor Stein Announces a $11 Million Expansion for BSH Home Appliances in Craven County, Adding Nearly 200 Jobs

    Governor Stein Announces a $11 Million Expansion for BSH Home Appliances in Craven County, Adding Nearly 200 Jobs
    lsaito

    Raleigh, NC

    (RALEIGH) Today Governor Josh Stein announced BSH Home Appliances Corporation (BSH), the home appliances division of the Bosch Group, will add 199 new jobs in Craven County. The company will invest more than $11 million to expand its New Bern facility into a hub for all U.S. innovation and manufacturing.

    “When globally known companies like BSH choose North Carolina for an expansion, it confirms the strength of our workforce,” said Governor Stein. “North Carolina has the largest manufacturing workforce in the southeast, and we look forward to BSH’s pioneering production that will create more good jobs and growth opportunities for Craven County.”

    Headquartered in Munich, Germany, with its North American headquarters in California, BSH develops and manufactures appliances offered under the Bosch, Thermador and Gaggenau brands in North America. From cooking, cooling, small appliances, dish care, laundry and more, BSH products are celebrated globally for precision engineering, world-class innovation and superior quality. This development reflects the expansion of U.S. production and development operations at its New Bern site, creating a central hub for cooking and dishwashing research, innovation and manufacturing, along with distribution and customer support for the United States. 

    “BSH’s manufacturing operation has called North Carolina home for many years, and this expansion is reflective of a valued relationship that’s deepening as we move forward,” said Darcy Clarkson, Chief Executive Officer of BSH Region North America. “New Bern’s importance to BSH is growing, and this investment is one of several new developments that will increase our footprint, create jobs and drive innovation for the company as we look to the future, with North America designated as a growth region for BSH.”

    “We’ve been proud members of the New Bern community for over 25 years, and we look forward to further strengthening our contributions to the city and region with this important expansion,” added Andy MacLaren, Chief Technology Officer of BSH Region North America.

    “BSH’s decision validates North Carolina’s reputation for manufacturing excellence,” said Commerce Secretary Lee Lilley. “This latest investment mirrors our commitment to developing our world-class workforce and training systems that help attract companies to every corner of the state.”

    This announcement builds on the meetings that BSH, Secretary Lilley, and state leaders previously held in Germany, which set the foundation for this expansion.

    While wages for the engineering, manufacturing, and logistics associates vary, the annual average salary for the new positions will be $60,779, exceeding Craven County’s average of $48,770. These new jobs could potentially create an annual payroll impact of more than $12 million for the region.

    A performance-based grant of $500,000 from the One North Carolina Fund will help the company’s expansion in North Carolina. The OneNC Fund provides financial assistance to local governments to help attract economic investment and to create jobs. Companies receive no money upfront and must meet job creation and capital investment targets to qualify for payment. All OneNC grants require matching participation from local governments, and any award is contingent upon that condition being met.

    “This expansion is a welcomed addition to Craven County and the entire state,” said Senator Bob Brinson. “The people of eastern North Carolina are well-equipped for these new, good-paying jobs, and we’re ready to support the company’s next phase of growth.”

    “BSH has been a great corporate citizen and contributor to our economy,” said Representative Steve Tyson. “We are grateful to the partnerships here on the local and state level that helped bring this investment and expansion to fruition.”

    In addition to the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina, other key partners in this project include the North Carolina General Assembly, North Carolina Community College System, Craven Community College, North Carolina State University, North Carolina’s Southeast, Craven County, Craven 100 Alliance, City of New Bern, Duke Energy, and Piedmont Natural Gas. 

    Jun 3, 2025

    MIL OSI USA News –

  • MIL-OSI: EXL achieves the AWS Generative AI Competency

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) — EXL [NASDAQ: EXLS], a leading data and AI company, announced it has achieved the Amazon Web Services (AWS) Generative AI Competency within the AWS Partner Network (APN). The designation recognizes EXL as a trusted AWS Partner with deep domain expertise and proven success in delivering generative AI (GenAI) solutions, positioning the company among a select group of organizations recommended by AWS to customers seeking advanced GenAI capabilities.

    The AWS Generative AI Competency validates EXL’s ability to help businesses harness the power of GenAI to drive innovation, improve decision-making, and enhance operational efficiencies. This achievement underscores EXL’s commitment to delivering cutting-edge AI solutions that empower enterprises across industries to unlock new levels of growth and transformation.

    “Our achievement of this competency highlights EXL’s relentless focus on pushing the boundaries of AI innovation,” said Sumit Baluja, senior vice president and global head of EXL’s ecosystem channels. “GenAI is fundamentally reshaping industries, and we’re proud to be at the forefront—partnering with our clients to unlock new value through data and AI.”

    As part of this designation, EXL has expanded its digital offerings in the AWS Marketplace, launching five cutting-edge solutions that demonstrate the company’s leadership in applied AI:

    • EXL Insurance LLM™ is an industry-specific large language model built for the insurance industry. Unlike generic AI models, it is fine-tuned with proprietary insurance datasets, using deep domain knowledge of industry-specific processes, enabling high-precision claims adjudication, and automating key workflows.
    • EXL Code Harbor™ is a generative AI-powered service leveraging a multi-agent conversion framework that accelerates the migration of legacy codebases to novel and open-source languages, as well as enhancing data and code governance. It leverages the modular capability of code conversion and optimization, code governance and documentation, and automated testing to convert the client’s codebase. It addresses the manual effort involved in writing and optimizing code to transform the process, resulting in accelerated delivery, reduced costs, and higher accuracy.
    • EXL Property Insights™ leverages AI and machine learning to provide accurate, real-time insights for underwriting, marketing, and claims. The solution extracts property attributes from high-resolution aerial imagery and combines it with additional property-level features that influence risk. With these insights, insurers can better evaluate and develop risk models and combine individual peril scores into an overall risk score.
    • EXL Paymentor℠ is an AI-powered collections and receivables platform that has enhanced over 40 million global engagements by personalizing customer outreach, optimizing strategies, and accelerating settlements. Its multilingual conversational AI, omni-channel capabilities, and real-time analytics enhance communication, decision-making, and collection efficiency.
    • EXL Smart Agent Assist™ is an AI-powered solution that enhances customer service operations with real-time conversational insights and automation. By leveraging GenAI and advanced natural language processing, it empowers contact center agents to deliver personalized, efficient support—improving first call resolution, boosting agent productivity, and reducing average handling time. With automated post-call summaries and real-time recommendations, it drives better customer experience and retention. The solution seamlessly integrates with existing customer relationship management systems, telephony systems, knowledge bases, and third-party platforms for fast, disruption-free implementation.

    This achievement further strengthens EXL’s collaboration with AWS, powering innovation that helps clients modernize, personalize experiences, and uncover new revenue opportunities through AI.

    More information about EXL’s AWS Generative AI Competency status and its comprehensive range of data and AI solutions can be found here.

    About EXL

    EXL (NASDAQ: EXLS) is a global data and AI company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world’s leading corporations in industries including insurance, healthcare, banking and capital markets, retail, communications and media, and energy and infrastructure, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have approximately 60,000 employees spanning six continents. For more information, visit www.exlservice.com.

    Cautionary Statement Regarding Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. You should not place undue reliance on those statements because they are subject to numerous uncertainties and factors relating to EXL’s operations and business environment, all of which are difficult to predict and many of which are beyond EXL’s control. Forward-looking statements include information concerning EXL’s possible or assumed future results of operations, including descriptions of its business strategy. These statements may include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. These statements are based on assumptions that we have made in light of management’s experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions. Although EXL believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect EXL’s actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. These factors, which include our ability to maintain and grow client demand, our ability to hire and retain sufficiently trained employees, and our ability to accurately estimate and/or manage costs, rising interest rates, rising inflation and recessionary economic trends, are discussed in more detail in EXL’s filings with the Securities and Exchange Commission, including EXL’s Annual Report on Form 10-K. You should keep in mind that any forward-looking statement made herein, or elsewhere, speaks only as of the date on which it is made. New risks and uncertainties come up from time to time, and it is impossible to predict these events or how they may affect EXL. EXL has no obligation to update any forward-looking statements after the date hereof, except as required by federal securities laws.

    Contacts
    Media
    Keith Little
    +1 703-598-0980
    media.relations@exlservice.com

    Investor Relations
    John Kristoff
    +1 212 209 4613
    IR@exlservice.com

    The MIL Network –

  • MIL-OSI: 50 million HVLO airdrop to reward Hivello users and buy back, token now available in 130 countries via fiat

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 03, 2025 (GLOBE NEWSWIRE) — Blockmate Ventures Inc. (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH1) (“Blockmate” or the “Company”) is pleased to announce that its investee, Hivello Holdings, has partnered with payments company Banxa which will enable users in 130 countries to buy $HVLO directly using fiat payment gateways such as cards, bank transfers, Apple Pay, Google Pay and more.

    By integrating with Banxa, Hivello is making it easier and more accessible for anyone to participate in Decentralized Physical Infrastructure Networks (DePIN), enabling users to go from “idle device” to contributor in just a few clicks with no prior crypto experience, to earning passive income.

    Further driving the Hivello community to reward loyal users and onboard new ones, Hivello Holdings will be airdropping 50 million $HVLO tokens in August 2025. The airdrop will be on top of the rewards that users generate through their DePIN participation with greater airdrops for the most active users.

    To additionally support the value of $HVLO in the market, Hivello has committed a variable percentage of its quarterly revenue to buying back $HVLO tokens in the open market and burning them, gradually reducing the circulating supply of $HVLO.

    This approach reflects Hivello’s commitment to aligning its business growth with the broader health of its token economy, while reinforcing long-term incentives for its community.

    Justin Rosenberg, CEO of Blockmate Ventures, commented, “As the Hivello team have continued to enhance the platform to make it easier for new users to onboard and start earning, they are also making excellent strides towards enhancing the long-term value of $HVLO. By expanding accessibility to 130 countries via fiat payment gateways, rewarding loyal users through the 50M airdrop and committing to regularly buy back tokens, it is an excellent time for new users to join the platform.”

    Below are the recent press releases from Hivello:

    $HVLO Token Available via Apple Pay & Credit Card

    LONDON & AMSTERDAM, May 27 – Hivello, a DePIN aggregator that enables users to earn by monetizing idle (computing) resources across multiple DePINs (Decentralized Physical Infrastructure Networks), announces that its native token $HVLO will soon be integrated with Banxa, a global fiat-to-crypto on-ramp solution trusted by leading Web3 platforms.

    This integration means that users in over 130 countries will be able to buy $HVLO directly using local fiat payment methods, including credit/debit cards, bank transfers, Apple Pay, Google Pay, and more. Crucially, users will not need to go through a centralized exchange, making it faster and simpler for anyone, regardless of technical expertise, to acquire HVLO and participate in Hivello’s growing ecosystem.

    For Hivello, this marks a meaningful step forward in its mission to onboard millions of Web2 users into Web3. By integrating with trusted platforms like Banxa, Hivello is making it even easier and more accessible for anyone to participate in DePIN, enabling users to go from “idle device” to contributor with just a few clicks, no prior crypto experience required.

    Not only is Hivello making DePIN more accessible through seamless fiat integration, but it’s doing so at the right time. According to Messari’s Q1 2025 DePIN Sector Report, the sector has already surpassed $50 billion in market cap and is projected to reach $3.5 trillion by 2028. With over 13 million devices contributing daily and $350 million in capital raised over the past year, DePIN is entering a phase of rapid expansion, and Hivello is building the infrastructure to bring everyone in.

    The integration is expected to go live in the coming weeks and HVLO will be supported directly within Banxa’s interface.

    “Banxa is a proven bridge between traditional finance and Web3,” said Holger Arians, CEO of Banxa. “This partnership accelerates our ability to reach users who’ve never touched crypto before. Our mission is to simplify access to the digital asset ecosystem. Partnering with Hivello allows us to empower millions of users to participate in the rapidly growing DePIN economy—easily, securely, and without friction. Users around the world can now go from fiat to HVLO in just a few clicks—and immediately start contributing to and earning from the decentralized economy.”

    “This is a big step toward making DePIN truly accessible to the mainstream,” said Domenic Carosa, Co-founder & Chairman of Hivello. “With Banxa, it’s now easier for anyone to buy HVLO using regular payment methods—no crypto experience needed.”

    Hivello’s “Buy Back & Burn” Initiative to Support $HVLO Growth & Sustainability

    LONDON and AMSTERDAM, May 28, 2025 — Hivello, a DePIN aggregator that enables users to earn by monetizing idle (computing) resources across multiple DePINs (Decentralized Physical Infrastructure Networks), has announced plans to introduce a new “Buy back and burn” initiative, designed to strategically support the long-term value and sustainability of its native token, $HVLO.

    Under this initiative, a variable percentage of Hivello’s revenue will be allocated quarterly to buying $HVLO back off the open market and burning it, gradually reducing the circulating supply of $HVLO.

    This approach reflects Hivello’s commitment to aligning its business growth with the broader health of its token economy, while reinforcing long-term incentives for its community. Additionally, making the HVLO token deflationary by linking its supply to the performance of the rapidly growing Hivello network further aligns the token with the network for all participants.

    “We’ve seen how buy back and burn models can boost trust and sustainability when executed correctly,” added Domenic Carosa, Co-founder & Chairman of Hivello. “This initiative helps us stay community-first while building a stronger foundation for HVLO’s future utility and growth.”

    50M $HVLO Airdrop to Prioritize Uptime, Loyalty, and Integrity

    LONDON and AMSTERDAM, May 29, 2025 – Hivello, a DePIN aggregator that enables users to earn by monetizing idle (computing) resources across multiple DePINs (Decentralized Physical Infrastructure Networks), has confirmed its commitment to rewarding meaningful contributions through its hugely upgraded and more sophisticated $HVLO airdrop program.

    Hivello’s airdrops were never intended to be simple giveaways, they are a core part of its strategy to recognize real users who are helping to power the decentralized physical infrastructure ecosystem (DePIN).

    As the platform grows and attracts more participants globally, Hivello has announced that its next airdrop will happen in August 2025, will be for 50 million HVLO tokens and most importantly will be materially different from Hivello’s first airdrop.

    Airdrop 2 will focus on users who consistently demonstrate high-value behavior such as sustained node uptime, long-term engagement, and the provision of real resources to DePIN networks.

    Hivello is developing an improved variable reward framework to ensure that $HVLO rewards distributed go only to legitimate node runners.

    Behavior intended to manipulate or exploit the airdrop system, such as spinning up fake or inactive nodes, or buying and selling node accounts, will not be rewarded. These practices run counter to the spirit of Hivello’s community-driven approach and will be automatically detected and result in zero rewards in this and future airdrop campaigns.

    “Airdrops shouldn’t just reward activity, they should reward contribution,” said Domenic Carosa, Co-founder & Chairman of Hivello. “This next phase is about identifying and supporting the people who are showing up, powering real infrastructure, and helping to grow the DePIN ecosystem alongside us.”

    Hivello views airdrops as a meaningful way to onboard the right users—those who believe in decentralization, contribute honestly, and help bring the Web2 audience into the world of Web3. With more than 10 DePIN protocols already integrated and thousands of contributors providing real computing power, Hivello continues to push forward in building the future of DePIN.

    About Blockmate Ventures Inc.

    Blockmate Ventures (TSX.V: MATE) is a Blockchain & Web3 venture builder investing in and operating scalable blockchain, mining, and digital infrastructure companies. From decentralized computing with Hivello to Blockmate Mining, the Company’s portfolio provides investors with diversified exposure to emerging sectors within Web3 and beyond.

    About Hivello

    Hivello is an aggregator of DePIN projects that allows any user to participate in a variety of DePIN networks with just a few clicks. This eliminates the technical hurdles that many users face when trying to join these networks, and allows users to earn passive income by mobilizing their idle computers. We aim to create a simple app that allows users to contribute their computer resources and earn passive income, with no technical knowledge required. It’s as easy as downloading, installing, and running nodes, making complex technologies accessible and beneficial to all.

    Website | X | Discord | LinkedIn | Youtube

    About Banxa

    Banxa is a global on-and-off-ramp infrastructure provider that bridges the gap between traditional finance and digital assets. Operating in 130+ countries, Banxa offers fully compliant fiat-to-crypto payments, helping users and businesses access digital assets easily and securely.

    Website

    To learn more, visit www.blockmate.com.

    Blockmate welcomes investors to join the Company’s mailing list for the latest updates, webinars and industry research by subscribing at https://www.blockmate.com/subscribe.

    ON BEHALF OF THE BOARD OF DIRECTORS

    Justin Rosenberg, CEO
    Blockmate Ventures Inc
    justin@blockmate.com
    (+1-580-262-6130)

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

    Forward-Looking Information
    This news release contains “forward-looking statements” or “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on the assumptions, expectations, estimates and projections as of the date of this news release. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Raindrop disclaims any obligation to update any forward-looking statements, whether because of new information, future events or otherwise, except as may be required by applicable securities laws. Readers should not place undue reliance on forward-looking statements.

    The MIL Network –

  • MIL-OSI: Bitcoin Solaris Launches Solaris Nova App, Bringing Mobile Mining to the Masses

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, June 03, 2025 (GLOBE NEWSWIRE) — The future of personal finance just got a major upgrade. Bitcoin Solaris has officially launched Solaris Nova App Beta Testing for a selected group of users, a mobile-first crypto mining platform that enables anyone with a smartphone to start earning BTC-S tokens with just a tap.

    The app rollout comes at a time when accessibility and energy efficiency in crypto are more important than ever. By eliminating the need for expensive hardware or technical expertise, Solaris Nova is redefining what mining looks like in the decentralized era.

    A Phone-Based Wealth Engine

    The Solaris Nova App delivers a seamless mining experience across Android, iOS, Windows, and browser platforms. Users can begin mining BTC-S immediately through a simple interface—no ASICs, no rigs, just a smartphone and a desire to participate.

    Key features include:

    • One-click mining with adaptive performance controls
    • Integrated BTC-S wallet
    • Energy-efficiency mode for prolonged battery life
    • Cross-platform support (Android, iOS, Windows, Web)
    • Interactive tutorials for first-time users

    “Solaris Nova makes financial empowerment as easy as opening an app,” said a Bitcoin Solaris spokesperson. “We’re giving users the tools to participate in a decentralized economy—no barriers, no gatekeepers.”

    Mining for Everyone

    The BTC-S Universal Mining model is built for inclusivity. Whether using a low-budget phone or a high-performance PC, Solaris’s optimization engine ensures equitable mining access. The system is designed to foster:

    • Broader decentralization
    • Expanded global reach, including underserved regions
    • Enhanced network security
    • A sustainable mining footprint with 99.95% less energy consumption than traditional models

    The Future of DeFi Doesn’t Run on Hype—It Runs on BTC-S

    And because Bitcoin Solaris uses a hybrid PoW + DPoS consensus, it achieves lightning-fast speeds of up to 100,000 TPS with 2-second finality, while keeping the network both secure and scalable.

    Engineered for Speed and Scale

    Bitcoin Solaris uses a hybrid PoW + DPoS consensus mechanism to deliver lightning-fast transaction speeds—up to 100,000 TPS with 2-second finality—while remaining scalable, secure, and environmentally conscious.

    Core architecture highlights:

    • SHA-256 PoW base for security and miner compatibility
    • DPoS governance layer for rapid confirmation and energy efficiency
    • Daily rotating validators with performance-based slashing
    • Optional zero-knowledge proofs (ZKPs) for privacy
    • Support for smart contracts, tokenization, and DAOs

    This structure allows Bitcoin Solaris to support smart contracts, tokenized assets, DAOs, and more, all running with virtually no friction.

    Reward Model That Works for Everyone

    Bitcoin Solaris’s reward system ensures fair distribution across all participants:

    • 40% to miners
    • 25% to validators
    • 20% to stakers
    • 10% to developers
    • 5% to community initiatives

    Earnings are further optimized through a Contribution Score, which accounts for session time, device type, task complexity, and real-time network demand.

    Why the Presale Is Exploding

    With only around 8 weeks left, the Bitcoin Solaris presale is gaining massive momentum. The current price is $6, set to jump to $7 in the next phase, and then to a $20 launch price. Backed by over 11,000 users and more than $1.8 million raised, it’s being called one of the shortest and most explosive presales in the market.

    It’s no surprise influencers are taking notice. A detailed review by Crypto Legends breaks down why this project is drawing hype from every corner of the Web3 space.

    Final Thoughts: Don’t Watch History—Mine It

    Bitcoin Solaris isn’t just keeping up with the shift toward decentralized finance—it’s leading the charge. With a mobile-first approach, elite performance metrics, and a structure aligned with upcoming regulation and global adoption, it’s more than a coin. It’s a movement.

    President Trump’s executive order is about control and positioning. But your response doesn’t have to be passive. Bitcoin Solaris gives you a way to act—to mine, earn, and build your future—without needing permission.

    For more information:

    Website: https://www.bitcoinsolaris.com/
    Telegram: https://t.me/Bitcoinsolaris
    X: https://x.com/BitcoinSolaris

    Media Contact
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

    Disclaimer: This is a paid post and is provided by Bitcoin Solaris. 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.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4762d5d7-71f1-4ecd-84ce-d963ff74876b

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    https://www.globenewswire.com/NewsRoom/AttachmentNg/b56611eb-ee69-4834-9e85-110e30998878

    The MIL Network –

  • MIL-OSI Europe: The Netherlands supports Radio Free Europe with donation of €3 million

    Source: Government of the Netherlands

    News item | 03-06-2025 | 16:39

    The Netherlands is donating €3 million to Radio Free Europe/Radio Liberty (RFE/FL), a media organisation that brings independent factual news to regions where press freedom is under pressure or non-existent. This was announced today by the Minister of Foreign Affairs Caspar Veldkamp. With this donation the Netherlands hopes to enable RFE/RL to continue its vital work.

    ‘Radio Free Europe plays an important role in providing independent journalism, from Eastern Europe to Asia,’ says Mr Veldkamp. ‘It serves as a counterweight to Russian propaganda and disinformation, and promotes press freedom. With this donation the Netherlands hopes to promote press freedom and democratic values in the countries where RFE/RL works.’

    RFE/RL has been experiencing financial problems since March, when the US government cut funding for the US Agency for Global Media (USAGM) – the government agency that financed RFE/RL – with immediate effect. 

    That same month, the Netherlands signed a statement initiated by Czechia underscoring the importance of RFE/RL and calling for the implementation of a long-term financial solution. RFE/RL has been headquartered in Prague since 1995, and Czechia is working hard to ensure the organisation’s future.

    MIL OSI Europe News –

  • MIL-OSI United Kingdom: Ask For Angela

    Source: City of Coventry

    A campaign has been launched in Coventry to raise awareness of a discreet safety initiative which provides help to people feeling vulnerable on a night out.

    Ask for Angela is a national scheme in operation at hospitality venues across Coventry City Centre and helps people to ask for help from staff if they feel unsafe, vulnerable or threatened.

    It has been operating in the city for a number of years, but there are concerns that awareness of the initiative has reduced.

    Coventry Business Improvement District (BID), Coventry City Council and West Midlands Police have joined together to ensure that the public know about the scheme and will also be working with businesses on training for employees.

    Pubs, bars, music venues, restaurants and nightclubs operate the Ask for Angela initiative, with participating venues displaying the Ask for Angela vinyl in their window after staff have completed their training.

    Staff at participating businesses are trained to recognise the safe word ‘Angela’.

    People feeling uncomfortable or unsafe at any point during their visit can simply go up to the bar and ask for Angela. This signals to staff at the venue that the individual requires help, and staff will then discreetly offer support, depending on the situation.

    The scheme is often associated only with women’s safety, however that is not the case and it can also be used by men.

    Coventry BID and Coventry City Council have partnered on launching a new online platform which will support businesses operating in night-time economy with ensuring staff are trained.

    Ask for Angela isn’t exclusively available to licenced premises, it can be utilised by all businesses, for example visitor attractions, shops and cafes can all adopt the scheme.

    Joanne Glover, Chief Executive of Coventry BID, said: “Everyone should feel safe, secure and protected when they are visiting the fantastic businesses we have in the city centre, whether they are on a date or a night out with friends.

    “We are working with businesses across the city to get as many businesses as possible to participate in Ask for Angela. We have a great community in the city’s nighttime economy that puts customer safety as its highest priority.

    “Every year thousands of people will head into the city centre for their first night out and it’s vital that we raise awareness with those people of how the scheme works, so if they are ever in a situation where they need support, they know the steps to take.”

    Cllr Abdul Salam Khan, Cabinet Member for Policing and Equalities and Deputy Leader of Coventry City Council, added: “It’s vital that all visitors to, and staff working in the city centre at any time, should feel safe. At night time, in particular it is important that people have the reassurance that they can turn to someone for support and help when they are visiting our wonderful, bars, clubs and restaurants.

    “There is a real partnership commitment to this scheme, and we would love more hospitality venues to be a part of it.”

    Chief Inspector Hamir Godhania, lead for neighbourhood policing teams in Coventry, said: “Everyone should feel safe when enjoying a night out in Coventry, and the Ask for Angela scheme is a vital part of making that happen.

    “We’re proud to be working alongside Coventry BID, Coventry City Council, and local businesses to raise awareness and ensure support is always available for anyone feeling unsafe or vulnerable. 

    “Our officers are out on patrol in and around the city centre every night—both in uniform and plain clothes—keeping a close eye on what’s happening and ready to step in if needed. If you ever feel uncomfortable or unsure, please don’t hesitate to speak to one of our officers or use the Ask for Angela scheme at participating venues. 

    “By working together, we can make Coventry a safer, more welcoming place for everyone who lives, works, and visits our city.”

    To find out more about Ask for Angela contact support@coventrybid.co.uk or licensing@coventry.gov.uk

    MIL OSI United Kingdom –

  • MIL-OSI USA: Completion of Affordable Senior Development in Buffalo

    Source: US State of New York

    overnor Kathy Hochul today announced the completion of Mt. Olive Senior Manor, an affordable housing development for seniors that builds on the State’s historic $50 million investment in Buffalo’s East Side. Developed in partnership between Mt. Olive Development Corporation and People Inc., the new building creates 65 apartments for adults aged 55 and older, including 20 apartments with supportive services for individuals struggling with homelessness, on an underutilized parcel adjacent to the Mt. Olive Baptist Church. Under Governor Hochul’s leadership, New York State Homes and Community Renewal has financed more than 11,000 affordable homes in Erie County. Mt. Olive Senior Manor continues this effort and complements Governor Hochul’s $25 billion five-year housing plan, which is on track to create or preserve 100,000 affordable homes statewide.

    “Through strong partnerships with faith-based organizations like Mt. Olive Baptist Church, we are transforming underutilized spaces into vibrant, affordable homes for New York’s seniors,” Governor Hochul said. “Mt. Olive Senior Manor reflects our commitment to delivering safe, supportive housing that meets the unique needs of the East Side’s residents, advancing our bold vision to create and preserve 100,000 affordable homes across New York.”

    The three-story development is constructed on land next door to the Mt. Olive Baptist Church that has undergone brownfield remediation. All apartments are affordable to households earning up to 50 percent of the Area Median Income.

    Twenty apartments are set aside for seniors in need of supportive services to live independently. Services and rental subsidies are funded by the Empire State Supportive Housing Initiative and administered by the New York State Department of Health. The service provider is People Inc.

    Residential amenities include a community room with kitchen, laundry facilities, bicycle storage area, management office, support service offices, multipurpose room, a lounge area, and an enclosed courtyard with walkable space and a patio. To support residents as they age, the building’s design includes features such as grab bars, low-reach shelving and cabinets, lever-style door handles, under cabinet lighting, and zero transition showers.

    The development was designed to meet the Environmental Protection Agency’s Energy Star Multifamily New Construction – Energy Rating Index compliance path. The highly energy efficient, all-electric development features include electric vehicle charging stations, Energy Star appliances and lighting, low flow plumbing fixtures, and high efficiency mechanical equipment.

    State financing for Mt. Olive Senior Manor includes support from HCR’s Federal Low-Income Housing Tax Credit Program that generated more than $13 million in equity, as well as $3.6 million in subsidy. The New York State Office of Temporary and Disability Assistance is providing $4 million through the Homeless Housing and Assistance Program. Additionally, the site participated in the New York State Department of Environmental Conservation’s successful Brownfield Cleanup Program and became eligible for $3.6 million in tax credits administered by the New York State Department of Taxation and Finance. The Buffalo Urban Renewal Agency awarded $2 million in HOME funds. NYSERDA’s New Construction – Housing Program contributed $260,000 in incentives.

    New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas said, “Mt. Olive Senior Manor exemplifies New York State’s commitment to creating affordable, supportive housing, including in partnership with faith-based organizations, that uplifts residents and strengthens communities like East Buffalo. This $27 million investment not only provides safe, modern homes and vital services that seniors deserve, but allows 65 households to stay and thrive in the community they love. Under Governor Hochul’s leadership, we will continue to create more housing opportunities for New Yorkers of every age and income level.”

    New York State Office of Temporary and Disability Assistance Commissioner Barbara C. Guinn said, “The 20 supportive housing units created as part of this development will help older adults in Erie County who have experienced homelessness by providing a safe, stable home and access to support services that will enable them to age in place. Congratulations to Mt. Olive Baptist Church, People Inc., and all of our state and local partners on the successful completion of Mt. Olive Senior Manor.”

    New York State Department of Environmental Conservation Commissioner Amanda Lefton said, “Everyone should have access to environmentally safe and affordable housing. For more than two decades, the State’s Brownfield Cleanup Program has played a critical role in cleaning up formerly contaminated sites, returning them to productive use, and supporting local revitalization efforts. DEC is proud to oversee this critical program and its contribution to achieving Governor Hochul’s affordable housing goals in communities like Buffalo, including the Mt. Olive Senior Housing Development, while supporting DEC’s mission to protect public health and the environment for all.”

    NYSERDA President and CEO Doreen M. Harris said, “Projects like Mt. Olive Senior Manor are helping shape a cleaner, more modern future for every New Yorker. Integrating the latest clean energy technology into affordable housing not only provides access to healthier, more comfortable living spaces for Western New York’s older adults, but helps improve the quality of life for many living in a historically underserved community.”

    State Senator April N. M. Baskin said, “This type of collaboration is meaningful on many levels: it’s a successful partnership between Mt. Olive and the leading human services agency in our region, People Inc.. This project also reimagines an underutilized parcel, turning it into a beautiful space benefiting our older East Side residents. Mt. Olive Baptist Manor is a safe and affordable place to call home, enabling our elders to live their best life in a way they surely deserve.”

    Erie County Legislator St. Jean Tard said, “It is an honor to celebrate the opening of Mt. Olive Senior Manor, a development that brings both hope and stability to our community. This project represents more than new construction—it’s a commitment to the well-being of our seniors, especially those who have faced the hardships of homelessness. Transforming a long-vacant site into a place of safety, care, and opportunity is a powerful reflection of what can be achieved through meaningful collaboration. I extend my sincere thanks to Mt. Olive Development Corp., People Inc., and all the partners who brought this vision to life.”

    Buffalo Common Council Member Zeneta Everhart said, “The newly constructed Mt. Olive Senior Manor located in the Masten District is an essential facility to meet the needs of our seniors and people struggling with homelessness. Thanks to major investments from the state and the Buffalo Urban Renewal Agency, what was once a vacant brownfield is now a great and affordable home for dozens of our older neighbors. I am grateful to Governor Hochul and the New York State Homes and Community Renewal for investing in our community and prioritizing the needs of vulnerable residents.”

    People Inc. President and CEO Anne McCaffrey said, “We are extremely proud to join Mt. Olive Development Corp., federal, state and local government officials in unveiling this impactful housing complex,” said Anne McCaffrey, People Inc. president and CEO. “We are providing more than just new housing. We are creating life-changing opportunities for living that are invigorating communities and meeting a critical regional need. Mt. Olive Senor Manor will help people live their best lives, which is central to People Inc.’s mission and vision for the communities we serve.”

    Governor Hochul’s Housing Agenda

    Governor Hochul is dedicated to addressing New York’s housing crisis and making the State more affordable and more livable for all New Yorkers. As part of the FY25 Enacted Budget, the Governor secured a landmark agreement to increase New York’s housing supply through new tax incentives, capital funding, and new protections for renters and homeowners. Building on this commitment, the FY26 Enacted Budget includes more than $1.5 billion in new State funding for housing, a Housing Access Voucher pilot program, and new policies to improve affordability for tenants and homebuyers. These measures complement the Governor’s five-year, $25 billion Housing Plan, included in the FY23 Enacted Budget, to create or preserve 100,000 affordable homes statewide, including 10,000 with support services for vulnerable populations, plus the electrification of an additional 50,000 homes. More than 60,000 homes have been created or preserved to date.

    The FY25 and FY26 Enacted Budgets also strengthened the Governor’s Pro-Housing Community Program — which allows certified localities exclusive access to up to $750 million in discretionary State funding. Currently, more than 300 communities have received Pro Housing certification, including Buffalo.

    MIL OSI USA News –

  • MIL-OSI Russia: IMF Staff Completes 2025 Article IV Visit to Brazil

    Source: IMF – News in Russian

    June 3, 2025

    End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF’s Executive Board for discussion and decision.

    • Brazil’s economy has grown strongly over the past three years, surprising on the upside. Inflation rebounded in 2024 amid strong demand, a rise in food prices, and currency depreciation, exceeding the target tolerance interval. IMF staff expects growth to moderate in the near term as inflation converges to target, and then strengthen to 2.5 percent over the medium term.
    • The pivot to a monetary policy tightening cycle in September 2024 was appropriate and consistent with bringing inflation and inflation expectations back to the 3 percent target. In the context of heightened global policy uncertainty and inflation expectations above target-consistent levels, maintaining flexibility on the pace and length of the hiking cycle is prudent.
    • The authorities’ efforts to continue improving the fiscal position, while trying to meet social spending and investment needs, are welcome and further steps are warranted. Phasing out costly and inefficient tax expenditures, enhancing revenue administration, and tackling budget rigidities would open space for priority investments, support public debt sustainability, and facilitate a lower path of interest rates.
    • The authorities are advancing their sustainable and inclusive growth agenda. Implementation of the landmark VAT reform is proceeding and a personal income tax reform that aims to enhance equity is under discussion in Congress.

    Washington, DC: An International Monetary Fund (IMF) team, led by Daniel Leigh, conducted discussions for the 2025 Article IV Consultation with the Brazilian authorities and consulted with other stakeholders during May 20 – June 2, 2025. At the conclusion of the visit, Mr. Leigh issued the following statement:

    “Brazil’s economy has grown strongly over the past three years, surprising on the upside. Staff projects a moderation in growth from 3.4 percent in 2024 to 2.3 percent in 2025, amid tight monetary and financial conditions, a scaling back of fiscal support, and heightened global policy uncertainty. Inflation is expected to reach 5.2 percent by end-2025, before gradually converging to the 3 percent target by end-2027. The external current account deficit reached 2.8 percent of GDP in 2024, on the back of strong exports and rising imports due to stronger economic activity.

    “Over the medium term, growth is forecasted to recover to 2.5 percent, supported by the normalization of monetary policy and supportive structural factors, notably the implementation of the efficiency-enhancing VAT reform and the acceleration in hydrocarbon production. Additional structural reforms and implementation of the Ecological Transformation Plan would further boost medium-term growth prospects.

    “Risks to the growth outlook are tilted to the downside amid heightened global policy uncertainty. A sound financial system, adequate FX reserves, low reliance on FX debt, large government cash buffers, and a flexible exchange rate continue to support Brazil’s resilience.

    “The Central Bank of Brazil’s (BCB) pivot to a tightening cycle in September 2024 was appropriate and consistent with bringing inflation and inflation expectations back to the 3 percent target. Above-target near- and medium-term inflation expectations, as well as a widening positive output gap, supported the case for the BCB’s rate hikes. In the context of heightened global policy uncertainty and inflation expectations above target-consistent levels, maintaining flexibility on the pace and length of the hiking cycle is prudent.

    “The authorities’ efforts to continue improving the fiscal position, while trying to meet social spending and investment needs, are welcome and further steps are warranted. To put public debt on a firmly downward path, open space for priority investments, and facilitate a lower path of interest rates, staff recommends a sustained and more ambitious fiscal effort, supported by an enhanced fiscal framework, revenue mobilization, and spending measures. Implementation of the landmark 2023 VAT reform is expected to significantly simplify the tax system and boost productivity, and efforts rightly aim to secure revenue-neutrality.

    “The financial sector was resilient in 2024 and is expected to remain so amid higher interest rates. The authorities are implementing regulatory changes aimed at further strengthening financial sector resilience. Reforms to facilitate a reduction in household leverage are needed. At present, public banks appear well-capitalized, profitable, and liquid, and have been paying dividends to the government. Lending by public banks should continue to focus on addressing market failures, such as supporting long-term investment.

    “The BCB continues to advance its financial innovation agenda. Pix, the instant payment system developed by the BCB, now accounts for 49 percent of all electronic payments in Brazil—the most popular method, reflecting its low costs and immediate settlement. The pilot of Brazil’s Central Bank Digital Currency, Drex, has entered the second phase, where additional use cases and integration with external platforms will be tested and enhanced, while continuing to explore data privacy solutions.

    “The authorities are delivering on their inclusive and sustainable growth agenda. Structural reforms together with expanding hydrocarbon production have lifted Brazil’s medium-term growth prospects. Additional structural reforms and implementation of the Ecological Transformation Plan would further foster productivity, investment, and job-rich growth, while extending recent gains in social inclusion. Brazil has made notable progress in reducing deforestation in recent years and is on track to meet its Nationally Determined Contribution (NDC) targets.

    “The team would like to thank the authorities and private sector representatives for their support, hospitality, and constructive dialogue.”

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Julie Ziegler

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    https://www.imf.org/en/News/Articles/2025/06/03/pr-25174-brazil-imf-completes-2025-art-iv-visit

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI: Nokia selected by City of Elberton to modernize broadband network and move from cable to 25G future

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Nokia selected by City of Elberton to modernize broadband network and move from cable to 25G future

    • City of Elberton, Georgia, selects Nokia and partner ZCorum to update its aging cable broadband infrastructure and create a next-generation, 25G PON-ready fiber network.
    • Deployment marks a new digital chapter for Elberton, providing enhanced connectivity that will power the community’s education, healthcare, remote workforce and local innovations.
    • Nokia next-generation fiber and IP solutions help City of Elberton deliver on its commitment to provide faster, more reliable broadband services to its community.

    3 June 2025
    Espoo, Finland – Nokia today announced that the City of Elberton, located in Northeastern Georgia, selected its fiber and IP solutions to power its advanced broadband network serving more than 10,000 households.

    Working with ZCorum, the city will deploy Nokia’s next-generation fiber solutions and core IP routing technology as part of a broader modernization initiative that will replace its aging hybrid fiber-coaxial network. Capable of delivering multi-gigabit internet speeds, the new, future-proof, all-fiber network reflects the city’s bold commitment to deliver faster, scalable, more reliable broadband services to its residents and local businesses.

    Nokia’s fiber and IP technology will power Elberton’s new broadband network which will bring carrier-grade performance to the community. Leveraging Nokia’s fiber solution, Elberton can quickly establish a future-ready network that’s capable of addressing the growing demand for more capacity and enhanced broadband services.

    Designed to support a full range of PON technologies from XGS and 25G to 50G PON and beyond, Nokia’s solution gives Elberton the choice and flexibility to optimize its network to its specific business case and needs. Nokia’s MoCA Access solution will also be used to help ensure high-speed access is available in buildings that can’t be fiberized while its IP/MPLS routing solution establishes a scalable, reliable backbone infrastructure that’s capable of supporting the city’s growing broadband demands.
      
    ZCorum, a long-standing Nokia partner with deep operational and integration expertise, will supply, install and configure the technology on-site. ZCorum will also provide ongoing technical and operational support, ensuring a smooth rollout and sustained network performance.
    ZCorum has been providing managed broadband services and support to the City of Elberton since the municipality first launched cable modem service in 2001 and was instrumental in the city’s decision to upgrade to fiber and their choice of technology.  

    “The City of Elberton is taking the right step by investing in a reliable, future-proof fiber network that has virtually no limits in terms of the bandwidth it can deliver to meet current or future demands,” said Mark Klimek, Vice President of Fixed Networks, Nokia.

    “We’re proud to work alongside Nokia in supporting Elberton’s broadband evolution. Our mission is to make sure cities like Elberton aren’t left behind in the digital economy, and this network will be a game-changer for the region,” said Julie Compann, President and CEO, ZCorum.

    “The transformation of our city-wide network will provide enhanced connectivity that will open new doors to education, healthcare, remote work, and local innovation—marking a new digital chapter for Elberton,” said R. Daniel Graves, Mayor for the City of Elberton.                                                    

    Multimedia, technical information and related news 
    Web Page: Accelerate into Gigabit with fiber
    Web Page: Gigabit Connect
    Web Page: IP Networks
    Product Page: Altiplano Access Controller
    Product Page: Lightspan MF fiber access nodes
    Product Page: Fiber ONTs

    About Nokia
    At Nokia, we create technology that helps the world act together. 

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation. 

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    About ZCorum
    ZCorum provides a suite of broadband diagnostics and managed services to cable companies, telephone companies, utilities, and municipalities. As broadband providers face greater complexity and competition, ZCorum continues to help operators increase operational efficiency and reduce costs, while improving subscriber experience. This is achieved through ZCorum’s diagnostics solutions for DOCSIS, DSL and Fiber networks, plus managed services that include data and VoIP provisioning, residential and commercial VoIP service, branded email and Web hosting, along with 24×7 support for end-users. ZCorum is headquartered in Alpharetta, GA. For more information, please visit http://www.ZCorum.com.

    Media inquiries
    Nokia Press Office
    Email: Press.Services@nokia.com

    ZCorum
    Rick Yuzzi
    Phone: 678-507-5000
    Email: ryuzzi@zcorum.com

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    The MIL Network –

  • MIL-OSI: Big Idea Ventures and Mars Petcare Launch 2025 Global Pet Food Innovation Program in Collaboration with AAK, Bühler, and Givaudan

    Source: GlobeNewswire (MIL-OSI)

    Building on the success of last year’s program, the second round aims to find the next cohort of trailblazers who can deliver innovation in the sustainable pet food space.

    Startups from around the world are invited to apply, with selected participants to showcase their solutions at the Asia-Pacific Agri-Food Innovation Summit.

    The program continues to unite leading food and pet care experts to accelerate sustainable pet food innovation.

    New York, NY , June 03, 2025 (GLOBE NEWSWIRE) — Following the success of last year’s program, Big Idea Ventures and Mars Petcare will launch the second round of the Next Generation Pet Food Program, in collaboration with AAK, Bühler, and Givaudan.

    This initiative aims to accelerate sustainable innovation in the pet food sector by supporting startups with novel ingredients, sustainable fats and proteins, and advanced processing technologies.

    Mars is exploring alternative ingredients in its pet food products to create more sustainable, future-ready nutrition. As consumer preference evolves Mars is working to give pet parents the opportunity to make more environmentally conscious choices, while taking steps to reduce its own carbon footprint.

    This year, Givaudan, a global leader in taste and wellbeing, joins AAK and Bühler as a collaborator, offering expertise in ingredient innovation and product development for humans and pets.

    Andrew D. Ive, Founder and Managing General Partner of Big Idea Ventures, stated:
    “Working with Mars last year was fantastic! We want to take the learnings and implement them on a big scale as we continue to search for and develop sustainable solutions for the pet food ecosystem. Last year, the teams from Mars Petcare, Bühler, and AAK offered invaluable insights to our startups. Now, by integrating Givaudan into the mix, we will further enhance the resources available to the startups we choose.”

    Paul Gardner, Commercial VP, Mars Pet Nutrition added: “We must invest in innovation to help us source the best ingredients and build a future where the planet stays healthy, and where people and their pets are thriving. We’re excited to be launching the second round of this program harnessing the creativity of startups, alongside partners that share our vision”

    “We were thrilled at the enthusiastic response we got from last’s program. It is a testament that innovative startups are the driving force behind the future of sustainable pet nutrition. The program offers a unique opportunity for visionary entrepreneurs to collaborate with leading industry experts, access state-of-the-art technology, and accelerate their impact on the global petfood market. I encourage all startups with bold ideas and a passion for transformation to apply and help us shape a healthier, more sustainable future for pets and planet alike,” said Dr. Ian Roberts, CTO at Bühler Group.

    Niall Sands, President Commercial Innovation and Development, AAK, shared that the company is excited to support pet food innovators to bring nutrition and health-promoting functionality to our beloved pets. They look forward to exploring how innovation in this space is helping pet parents support and care for our 4-legged family members.

    Fabio Campanile, Global Head of Science & Technology, Givaudan Taste & Wellbeing, noted, “Givaudan is excited to be part of this program as it presents a unique opportunity to collaborate with innovative startups and partners, paving the way for a more sustainable and enriching world for pets. We look forward to building on our current capabilities in the pet food space as well as exploring new technologies.”

    Companies selected for the program will benefit from expert guidance, potential commercial partnerships, and the opportunity to showcase their solutions on a global stage at Asia-Pacific Agri-Food Innovation Summit in Singapore from November 4–6, 2025.

    Winners of the 2024 Global Pet Food Innovation Program include BiomeMega, Anomaly Bio, KIDEMIS, String Bio Private Limited, MiAlgae, who have been under the mentorship of Big Venture Idea, Mars, AAK and Bühler. The startups have gained insights from top pet food experts and collaborated with leading CPG, ingredient, and technology companies to further develop their concepts with the potential to develop future long-term collaborations.

    The program is open to startups from around the world, with a strong preference for scalable solutions that can demonstrate real-world impact and sustainability. While APAC-based startups are preferred, companies from all geographies are encouraged to apply.

    For more information, visit bigideaventures.com/petfoodprogram. Interested startups are encouraged to apply here as early as possible and will be able to do so until July 16.

     

    Media contacts:

     

    Bühler:

    Dalen Jacomino Panto, Media Relations Manager

    Bühler AG, 9240 Uzwil, Switzerland

    Phone: +41 71 955 37 57

    Mobile: +41 79 900 53 88

    E-mail: dalen.jacomino_panto@buhlergroup.com

    Katja Hartmann, Media Relations Manager

    Bühler AG, 9240 Uzwil, Schweiz

    Mobile: +41 79 483 68 07

    E-mail: katja.hartmann@buhlergroup.com

    Givaudan:

    Jeff Peppet, Content and Communications Director, T&W

    jeff.peppet@givaudan.com

    +1 513 293 3740

    AAK:

    Carl Ahlgren

    Head of Investor Relations and Corporate Communication

    IR, Communications and Brand

    Malmo, Sweden

    +46706810734

    carl.ahlgren@aak.com

    Mars:

    Alex Lloyd, Global R&D Communications Senior Manager

    Email: alex.lloyd@effem.com

    Big Idea Ventures:

    259 Nassau St Ste 2, #1292 Princeton, NJ 08542

    Shruti Salkar

    Email: news@bigideaventures.com

    About the Partners

    Big Idea Ventures

    Big Idea Ventures is the leading investor in food and agri technology globally. As one of the most active investors in the food-tech, agri-tech, and materials science sectors, we focus on identifying and investing in the most innovative and sustainable technology companies around the world. We collaborate with universities for tech transfer and by combining capital, knowledge, and partnerships, we drive economic growth and help to create food ecosystems. Our collaborations with leading corporations and governments aim to support entrepreneurs, scientists, and engineers in solving some of the world’s biggest challenges. Big Idea Ventures has teams in New York, Paris and Asia and has invested in more than 120 companies across 30 countries.

    www.bigideaventures.com

    Mars, Incorporated

    Mars, Incorporated is driven by the belief that the world we want tomorrow starts with how we do business today. As a $50bn+ family-owned business, our diverse and expanding portfolio of leading pet care products and veterinary services support pets all around the world and our quality snacking and food products delight millions of people every day. We produce some of the world’s best-loved brands including ROYAL CANIN®, PEDIGREE®, WHISKAS®, CESAR®, DOVE®, EXTRA®, M&M’S®, SNICKERS® and BEN’S ORIGINAL™. Our international networks of pet hospitals, including BANFIELD™, BLUEPEARL™, VCA™ and ANICURA™ span preventive, general, specialty, and emergency veterinary care, and our global veterinary diagnostics business ANTECH® offers breakthrough capabilities in pet diagnostics. The Mars Five Principles — Quality, Responsibility, Mutuality, Efficiency and Freedom — inspire our 150,000 Associates to act every day to help create a better world for people, pets and the planet.

    www.mars.com

    AAK

    Everything AAK does is about Making Better Happen™. We specialize in plant-based oils and fats, the value-adding ingredients in many products people love to consume. We make these products better tasting, healthier, and more sustainable. At the heart of AAK’s offer is Customer Co-Development, combining our desire to understand what Making Better Happen™ means for each customer, with the unique flexibility of our production assets, and deep knowledge of products and industries, including Chocolate & Confectionery, Bakery, Dairy, Plant-based Foods, Special Nutrition, Foodservice, and Personal Care. Our 4,100 employees support our close collaboration with customers through 25 regional sales offices, 16 dedicated Customer Innovation Centers, and with the support of more than 20 production facilities. Listed on Nasdaq Stockholm and headquartered in Malmö, Sweden, AAK has been Making Better Happen™ for more than 150 years.

    www.aak.com

    Bühler

    Bühler is driven by its purpose of creating innovations for a better world, balancing the needs of economy, humanity, and nature in all its decision-making processes. Billions of people come into contact with Bühler technologies as they cover their basic needs for food and mobility every day. Two billion people each day enjoy foods produced on Bühler equipment; and one billion people travel in vehicles manufactured using parts produced with Bühler solutions. Countless people wear eyeglasses, use smartphones, and read newspapers and magazines – all of which depend on Bühler process technologies and solutions. Having this global relevance, Bühler is in a unique position to turn today’s global challenges into sustainable business. As a technology partner for the food, feed, and mobility industries, Bühler has committed to having solutions ready to multiply by 2025 that reduce energy, waste, and water by 50% in the value chains of its customers. It also proactively collaborates with suppliers to reduce climate impacts throughout the value chain. In its own operations, Bühler has developed a pathway to achieve a 60% reduction of greenhouse gas emissions by 2030 (Greenhouse Gas Protocol Scopes 1 & 2, against a 2019 baseline). Bühler spends up to 5% of turnover on research and development annually to improve both the commercial and sustainability performance of its solutions, products, and services. In 2023, some 12,500 employees generated a turnover of CHF 3.0 billion. As a Swiss family-owned company with a history spanning 164 years, Bühler is active in 140 countries around the world and operates a global network of 105 service stations, 30 manufacturing sites, and Application & Training Centers in 25 locations.

    www.buhlergroup.com

    Givaudan

    Givaudan is a global leader in Fragrance & Beauty and Taste & Wellbeing. We celebrate the beauty of human experience by creating happier, healthier lives with love for nature. Together with our customers, we deliver food experiences, craft inspired fragrances, and develop beauty and wellbeing solutions that make people look and feel good. From your favourite drink to your daily meal, from prestige perfumes to laundry care, our products help people live happier and healthier lives, and we create them in a way that respects natural resources and the environment.

    www.givaudan.com

    The MIL Network –

  • MIL-OSI: Crypto Exchange BexBack Offers 100x Leverage, No KYC, and Up to 10 BTC Bonus for New Users

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 03, 2025 (GLOBE NEWSWIRE) — BexBack, a rising star in the crypto derivatives industry, today announced the official launch of its global crypto futures trading platform. The exchange offers up to 100x leverage, a 100% deposit bonus, and no KYC requirement, giving users around the world unprecedented access to fast, private, and flexible crypto trading.

    What Is 100x Leverage and How Does It Work?

    Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:

    Suppose the Bitcoin price is $100,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.

    One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

    BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.

    Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.

    How Does the 100% Deposit Bonus Work?
    The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.

    Built for traders of all levels, BexBack supports over 50 major crypto contracts, including BTC, ETH, XRP, SOL, and ADA. With zero spreads, no slippage, and lightning-fast execution, it delivers an institutional-grade trading experience optimized for speed and precision.

    “Our mission is to empower traders — without the limitations imposed by traditional platforms,” said David, Operations Director at BexBack. “From high leverage to fast onboarding, we remove the friction and put powerful tools in the hands of every user.”

    Double Bonus for New Users

    New users who deposit at least 0.001 BTC or 100 USDT are eligible for a 100% deposit bonus. After completing their first trade (open and close a position), users can request the $50 welcome trading bonus by emailing support@bexback.com. Once verified, the bonus will be credited to their USDT-M futures account within 24 hours.

    This $50 bonus can be used to open leveraged positions or offset potential losses, giving new traders a practical edge in volatile markets.

    Key Highlights of BexBack:

    • Up to 100x leverage on 50+ crypto contracts
    • Zero spread and no slippage execution
    • No KYC required for trading
    • Mobile and desktop friendly interface
    • Funding fee charged only once per day
    • Supports BTC, USDT, ETH, XRP, ADA, SOL and more

    BexBack has rapidly gained traction, with over 500,000 users from 200+ countries and regions. The company is registered with the U.S. FinCEN as a Money Services Business (MSB), and headquartered in Singapore with support offices in Hong Kong and other regions.

    About BexBack

    BexBack is a next-generation crypto futures trading platform that offers up to 100x leverage, deep liquidity, zero KYC onboarding, and exclusive deposit bonuses. Focused on speed, security, and user empowerment, BexBack is committed to providing a high-performance experience for traders worldwide.

    Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack. 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/587023cc-a549-4169-93e6-497f920fbe52

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    https://www.globenewswire.com/NewsRoom/AttachmentNg/64fef48b-6d50-42f5-a453-604aa1733714

    The MIL Network –

  • MIL-OSI: Standard Premium Finance Holdings Positioned as Safe Haven Amid Rising Tariff Pressures

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, June 03, 2025 (GLOBE NEWSWIRE) — Standard Premium Finance Holdings, Inc. (OTCQX: SPFX) (Standard Premium), a leading specialty finance company, today reaffirmed its position as a stable, growth-oriented domestic investment option amid rising global trade tensions and tariff-related market volatility. The Company’s U.S.-focused business model remains shielded from international trade risks, supporting continued growth performance and resilience.

    “Standard Premium operations are entirely domestic, highly regulated and unrelated to global supply chains,” says William Koppelmann, CEO, Standard Premium. “We remain impervious to the kind of market disruptions that tariffs often create across most sectors.”

    Standard Premium’s core business initiatives are rooted in a steady, service-driven model that is focused on achieving measurable growth milestones. With low exposure to international volatility and a track record of profitable growth, the Company continues to offer investors clarity and consistency.

    “We believe disciplined, transparent business models like ours offer long-term value and stability with expanded profitability, investments in growth opportunities and increased shareholder value through all market cycles,” Koppelmann adds.

    The Company also recently announced a $250,000 stock repurchase program, reinforcing confidence in its strategic direction and financial strength. The program, which runs through November 2, 2025, offers flexibility to return capital to shareholders while supporting continued growth. Backed by record profitability in FY 2024 and Q1 2025, Standard Premium remains dedicated to disciplined expansion, accelerating growth, shareholder value creation and leveraging its operational momentum to drive sustainable long-term performance across evolving market conditions.

    About Standard Premium Finance Holdings, Inc. 

    Standard Premium Finance Holdings, Inc. (OTCQX: SPFX), is a specialty finance company which has financed premiums on over $2 Billion of property and casualty insurance policies since 1991. We currently operate in 38 states and are seeking M&A opportunities of synergistic businesses to leverage economies of scale. https://www.standardpremium.com/ 

    Cautionary Statement Regarding Forward-Looking Statements
    This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27a of the Securities Act of 1933, as amended, and Section 21e of the Securities Exchange Act of 1934, as amended with regard to our anticipated future growth and outlook, including the Company’s current plans concerning the stock repurchase plan. Our actual results may differ from expectations presented or implied herein and, consequently, you should not rely on these forward-looking statements as predictions of future events. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in our expectations or any change in events, conditions or results.

    Additional information concerning risk factors relating to our business is contained in Item 1A Risk Factors of our Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 10, 2025 which is available on the SEC’s website at www.sec.gov or on the Investor Relations section of our website, standardpremium.com. 

    Media:
    Nicholas Turchiano
    CPR Marketing
    nturchiano@cpronline.com  
    201-641-1911×35

    The MIL Network –

  • MIL-OSI: Survey from Mitsubishi HC Capital America Highlights Barriers to Modernizing Supply Chains Amid Market Uncertainty

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, June 03, 2025 (GLOBE NEWSWIRE) — Mitsubishi HC Capital America, the leading non-bank, non-captive finance provider in North America, conducted a survey of clients across the transportation and construction industries to understand the challenges of modernizing supply chains. As manufacturers look to modernize operations and plan for future growth, these survey results will be a powerful tool for developing resilient and informed strategies for industry leaders.

    Supply chain challenges impact more than just the flow of materials — they influence project timelines, production costs, and a borrower’s ability to repay loans. For financing leaders at manufacturing organizations, these disruptions can create significant uncertainty for short-term and long-term planning. Mitsubishi HC Capital America’s recent survey results offer valuable, real-world insights that help leaders assess risk more accurately and align financing strategies with market realities.

    Survey Key Findings
    The survey findings underscore the complex and rapidly evolving challenges businesses face today. Although emerging technologies aren’t yet seen as major disruptors, policy changes and tariffs are starting to make a noticeable impact. In response, companies are taking varied approaches — some anticipate little change in their equipment needs, while others are preparing to replace aging assets or adapt their strategies to navigate growing economic uncertainty.

    At the same time, modernizing operations remains a significant hurdle for many organizations. Rising transportation costs and volatile market conditions continue to complicate efforts, particularly when integrating new technologies with outdated infrastructure — a challenge cited by 90% of survey respondents. To navigate these complexities, businesses are increasingly turning to creative financing solutions. An overwhelming 90% indicated they are likely to leverage financing for new equipment purchases to manage immediate financial pressures while investing in long-term growth. Among them, 68% preferred long-term, low-payment financing structures that support their strategic planning, as 48% cited high equipment costs as their most significant modernization challenge. Meanwhile, workforce challenges persist, with nearly half of respondents (46%) reporting issues related to a skills gap or talent shortage, adding another layer of challenges to adapting to today’s market.

    Other key insights include:

    • Rising Costs: 74% of respondents reported equipment costs have increased in the past year, with 47% seeing significant increases.
    • Skills Gap: 46% of organizations are experiencing talent shortages, with equipment purchases (53% of those addressing shortages) emerging as a key strategy to address workforce challenges.
    • Modernization: 70% consider their organizations “on track” with modernization efforts despite significant challenges, with 37% assessing their technology needs annually.
    • Business Pipeline: 69% report stable or increasing business pipelines currently, with 44% expecting continued growth in the next six months.
    • Operational Challenges: The main performance issues are staffing shortages, supply chain disruptions, and technology limitations. Some respondents also mention difficulties in accessing financing.
    • Equipment Investment: 47% of organizations purchased new equipment within the last year, with an additional 41% making purchases in the last 1-3 years, demonstrating continued investment despite economic challenges.
    • Transportation Sector Needs: 50% of respondents identified transportation and logistics as requiring the most modernization, highlighting significant pressure in this critical sector. Respondents cited specific challenges including “instability in transportation” and concerns about “transportation rates and fuel costs.”

    The survey also highlights a significant gap between how businesses currently finance equipment and their preferences. While 74% of organizations rely on traditional bank loans for equipment acquisition, the strong preference for flexible, long-term financing options indicates a significant opportunity for alternative financing approaches that better align with today’s economic realities. This is particularly relevant as businesses balance immediate cost pressures with long-term modernization needs.

    Ultimately, the survey results underscore the multifaceted challenges that organizations face as they work to modernize in a dynamic market. From rising operational costs to labor shortages, adapting is far from straightforward. However, the preference for innovative financing solutions reflects a shift in strategy as manufacturers balance short-term pressures with long-term objectives.

    Click here to learn more about the survey results.

    About Mitsubishi HC Capital America

    Mitsubishi HC Capital America is a commercial finance company that has extensive capabilities throughout North America with its affiliate, Mitsubishi HC Capital Canada, combining a consultative approach and expansive digital platform to help organizations of all sizes accelerate growth. With $7.5 billion in assets and more than 800 employees, the company is the largest non-captive, non-bank commercial finance company in North America. Mitsubishi HC Capital America partners with equipment manufacturers, dealers, and distributors, as well as end customers, in providing customized financial solutions, including transportation and commercial finance. Dedicated to improving the communities where it operates, the company is committed to the United Nations Sustainable Development Goals. Visit Mitsubishi HC Capital America for more information.

    The MIL Network –

  • MIL-OSI Banking: Launch of five-part documentary series on RBI

    Source: Reserve Bank of India

    The Reserve Bank of India, in collaboration with JioHotstar, has launched a five-part documentary series titled ‘RBI Unlocked: Beyond the Rupee’. The project has been produced by Chalkboard Entertainment.

    The project was commissioned by RBI to visually document its 90-year history, with the objective of creating awareness about its various functions and roles.

    The RBI, as a full-service central bank, performs a wide range of functions including currency management, monetary policy, regulation and supervision of banks and NBFCs, regulation of currency and interest rate, markets and payment and settlement systems, and financial inclusion. This documentary portrays the essence of RBI’s functions in an intelligible manner to a wider demographic of people.

    The documentary provides a first-time insight into the working of the RBI. The episodes, starting on June 03, 2025 can be viewed at https://hotstar.com/1271419667

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/471

    MIL OSI Global Banks –

  • MIL-OSI USA: Declaring June Worker Safety Month

    Source: US State of New York

    overnor Kathy Hochul today proclaimed June as Worker Safety Month as part of her continued commitment to keep New Yorkers safe while on the job. The announcement coincides with three new laws going into effect, the Retail Worker Safety Act, the Fashion Workers Act, and the Warehouse Worker Injury Reduction Program. These new policies are meant to safeguard thousands of workers in these sectors by requiring employers to implement health and safety programs to reduce incidents of work-related injuries or abuse. Complementary to Workers Safety Month, the Governor announced safety enhancements for highway workers and users as part of her FY26 Enacted Budget. These new measures are the latest in Governor Hochul’s ongoing effort to make New York State safer and more affordable for workers statewide.

    “Our workers are the lifeline of the state and deserve to have a safe and secure work environment no matter the job,” Governor Hochul said. “With new safety enhancements and health programs in place, workers across the state will have the tools and resources necessary to ensure their safety while in the workplace.”

    New York State Department of Labor Commissioner Roberta Reardon said, “Every worker has the right to a safe work environment, free from threats of violence, exploitation, and workplace oversights that lead to injuries. With these new laws, our Department now has more tools in its toolbox to better protect hundreds of thousands of workers across these industries. I thank Governor Hochul for continuing to champion the safety of our precious workforce, this month and beyond.”

    New York State Workers’ Compensation Board Chair Clarissa M. Rodriguez said, “These new laws will help guarantee worker safety is prioritized in our great state. We applaud Governor Hochul for recognizing the contributions of hardworking New Yorkers and ensuring that employers take safety seriously. In the unfortunate circumstance when an employee suffers a work-related injury or illness though, the Board is committed to ensuring the proper delivery of benefits, so injured workers can recover and return to their lives.”

    New York State Department of Transportation Commissioner Marie Therese Dominguez said, “Everything we do at the Department of Transportation is centered around safety — the safety of our workforce and the safety of the traveling public — and I thank Governor Hochul for commemorating the importance of keeping workers throughout New York safe through Worker Safety Month. Since its inception, our Department has lost 59 employees in state operated work zones, and just last week we suffered an unimaginable loss when Highway Maintenance Supervisor Robert Bornt was tragically killed as a result of a work zone intrusion. I urge all New Yorkers to take the matter of worker safety seriously – respect our DOT workers — the dedicated public servants who are working on our roads and bridges to keep you safe. Pay attention, put your phone down and please, slow down and move over in a work zone — lives are at risk.”

    New York State AFL-CIO President Mario Cilento said, “The Union Movement always prioritizes workplace safety, and we are resolute in our fight to create safe environments for all New Yorkers. These new laws will help ensure greater safety for retail workers and shoppers, implement injury reduction programs in specific warehouse distribution centers, and improve working conditions in the fashion industry. We thank Governor Hochul for her commitment to prioritizing safety in the workplace.”

    New Yorkers for a Fair Economy Coalition Executive Director and Leader Theodore A. Moore said, “The Warehouse Worker Injury Reduction Act is a massive victory for workers, to both prevent injuries and stand up to bad employers. Thanks to Governor Hochul, worker safety champions Senator Ramos and Assemblymember Bronson, and our mighty labor and community coalition for this huge achievement. Now, we must be vigilant. Workers need to know their rights, and New York must stay laser-focused on strong worker education and enforcement to ensure every New York worker is safe on the job.”

    The Retail Worker Safety Act requires retail employers with ten or more employees statewide to develop and implement training programs to prevent workplace violence, including acts or threats of physical violence, abuse, harassment, or intimidation. Additionally, employers with 500 or more employees must install silent response buttons or provide wearable or mobile phone-based silent response buttons by January 2027. Combined, these measures will make New York retail locations safer for workers and shoppers. The New York State Department of Labor (NYSDOL) has created a series of training videos and a written model training to assist employers with creating their own workplace violence prevention training programs. The Department is also launching a social media campaign, featuring videos in English and Spanish to inform New Yorkers about the new law.

    Retail Council of New York State President and CEO Melissa O’Connor said, “The retail industry’s top priority is the safety of store employees and shoppers, as evidenced by our consistent collaboration with local police precincts, district attorneys, state and local leaders and community groups. We are encouraged by the new laws and related funding to address instances of organized retail crime and habitual retail theft in New York, including stronger penalties for the assault of retail employees. As we continue our work with Governor Kathy Hochul to promote public safety, we will also partner with the Department of Labor to ensure all covered employers are ready to comply with the Retail Worker Safety Act.”

    Retail, Wholesale and Department Store Union (RWDSU) President Stuart Appelbaum said, “Retail workers — and shoppers — across New York will now be safer because of the Retail Worker Safety Act. We are grateful that Governor Hochul has focused on preventing retail violence and theft. Retail workers should not have to go to work every day in fear; and this law goes a long way towards ending that. As implemented, the RWSA provides for preventative measures that will help deter violence and harassment before it starts; and most importantly, will assist workers in getting help quickly in the event of an emergency.”

    Also going into effect is the Warehouse Worker Injury Reduction Program, requiring certain warehouse distribution center employers to establish and implement an injury reduction program. This will help them identify and reduce the risk of work-related injuries. Employers must now conduct worksite evaluations, provide training to employees and supervisors, and establish medical staffing and treatment protocols. The Warehouse Worker Injury Reduction program is part of the Warehouse Worker Protection Act, which requires employers to disclose production quotas as well as protect warehouse workers from disciplinary action or firing where quotas are undisclosed or prevent legally protected breaks. To learn more, please see NYSDOL’s English and Spanish videos on the expansion of this law.

    Teamsters Joint Council 18 President Tom Quackenbush said, “The New York Teamsters thank Governor Hochul and legislative leaders for enacting the Warehouse Worker Injury Reduction Act and giving the state the tools to tackle the injury crisis in this industry. Bad employers are putting their profits ahead of safety, and workers are getting hurt in staggering numbers. We look forward to working with the New York Department of Labor to ensure this law is properly implemented and enforced to hold these companies accountable and protect New York workers.”

    State Senator Jessica Ramos said, “Behind every paycheck, there’s a life worth protecting. Our fight for the Warehouse Worker Injury Reduction Program and the Retail Worker Safety Act reflects our commitment to ensuring that every New Yorker goes home safe, every shift, every day. These laws aren’t the finish line; they’re the foundation for expanded protections that safeguard the health and dignity of our workforce. Declaring June as Worker Safety Month is a powerful reminder that no job is worth risking a life. Let’s keep pushing forward to make New York a safer place to work.”

    Assemblymember Harry B. Bronson said, “As we recognize Worker Safety Month, it’s important we make sure policies are in place so when a New York worker leaves for work, they will return home to their family safely. The Warehouse Worker Injury Reduction Act, which I sponsored

    in the Assembly and will take effect during Worker Safety Month, ensures that warehouses enact safety measures that put the health of our workers above profits. As Assembly Labor Chair, I will always fight for the protections our workers deserve.”

    The New York Fashion Workers Act goes into effect on June 19, requiring model management companies and model management groups to comply with new duties and responsibilities under the law. The new law outlines the duties and responsibilities companies must provide, including:

    • Acting in the best interest of the models they represent;
    • Ensuring a safe work environment;
    • Providing models with a written agreement detailing their total compensation before work begins and clearly communicating itemized deductions and disclosing any financial relationships with clients;
    • Establishing company policies and complaint processes that addresses abuse, harassment, and any other inappropriate behavior towards models; and
    • Outline penalties for violations of company policies.

    Starting December 21 of this year, these groups must register with the New York State Department of Labor and comply with any registration-related requirements. The law also prohibits these groups from imposing certain fees, requiring models to sign contracts for longer than three years, and using models’ digital replicas without permission. NYSDOL has created English and Spanish videos to raise awareness of the new law.

    Model Alliance Executive Director Sara Ziff said, “Models are workers who deserve the same labor rights and protections as anyone else. For too long, models have faced late payment, bogus fees, and unsafe working conditions — often without recourse. With the Fashion Workers Act, New York is finally saying: enough is enough. This victory is hard-fought recognition for a vulnerable workforce, one that is overwhelmingly young, female, and immigrant. We are deeply grateful to our bill sponsors, Senator Hoylman-Sigal and Assembly Member Reyes, and to Governor Hochul for making this landmark protection a reality.”

    Complementary to Workers Safety Month, Governor Hochul announced safety enhancements for highway workers and users as part of her FY26 Enacted Budget. The Automated Work Zone Speed Enforcement program has been expanded to include MTA Bridges and Tunnels and NYS Bridge Authority properties and has been extended until 2031. The program, which aims to improve work zone safety for both workers and drivers, was previously set to expire in 2026. The Governor’s FY26 Budget also doubles the number of work zones eligible for participation in the program for both the New York State Department of Transportation and the New York State Thruway Authority. A majority of the funds collected under this program are reinvested into the work zone safety programs including safety training and public awareness advertising.

    Keeping workers safe is at the core of the mission of the Department of Labor. Last month, NYSDOL announced that businesses statewide have saved around $500 million over the last five decades thanks to the On-Site Consultation Program. The free and confidential safety and health service helps small and medium-sized businesses operating in high-hazard industries prevent workplace injuries and illnesses. The program also provides assistance with Occupational Safety and Health Administration (OSHA) regulatory compliance. For more information, please visit the On-Site Consultation Program webpage.

    MIL OSI USA News –

  • MIL-OSI: WISeKey’s WISeSat Confirms Next Satellite Launch Scheduled for Mid-June from California to Advance Quantum-Safe Space Communications

    Source: GlobeNewswire (MIL-OSI)

    WISeKey’s WISeSat Confirms Next Satellite Launch Scheduled for Mid-June from California to Advance Quantum-Safe Space Communications

    • By 2027, WISeSat.Space aims to establish a large constellation of satellites, incorporating WISeKey cryptographic keys and PQC semiconductor technology from SEALSQ, to ensure robust, quantum-resistant communication capabilities from space.
    • The WISeSat satellite constellation aims to accelerate the deployment of its satellite constellation, scale QKD capabilities, and enable a scalable “Satellite-as-a-Service” business model that integrates decentralized IoT transactions and post-quantum secure communications

    Geneva, Switzerland, June 3, 2025 –WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, via its subsidiaries, WISeSat.Space SA (“WISeSat”) and SEALSQ Corp (NASDAQ: LAES) (“SEALSQ” or “Company”), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, and today announced the upcoming launch of WISeSat 3.0, scheduled for second week of June 2025, marking the first satellite to embed SEALSQ’s Quantum RootKey. This mission initiates a new era of quantum-safe space communications, establishing a space-based Proof-of-Concept for Post-Quantum Key Distribution (QKD) designed to secure global data infrastructure against emerging quantum threats.

    This next-generation satellite platform will support cryptographic key generation and management both in orbit and at mission control. It ensures encryption, authentication, and validation of software and data using NIST-standardized post-quantum algorithms, including CRYSTALS-Kyber and CRYSTALS-Dilithium, selected in August 2024.

    At the heart of WISeSat 3.0 lies the Quantum RootKey, a hardware-based root-of-trust module developed by SEALSQ to resist both classical and quantum cyberattacks. By isolating cryptographic operations within a tamper-resistant environment directly on the satellite, RootKey protects key storage, signing, and encryption processes. It enables end-to-end secure communications and digital identity services, even under the computing power of future quantum machines.

    The satellite will deliver several key capabilities: secure command authentication to prevent unauthorized satellite control, encryption of sensitive data such as Earth observation, defense telemetry, and scientific research, and post-quantum key distribution for critical infrastructure sectors such as energy, transportation, and smart cities. It also allows for the secure onboarding of billions of IoT devices by providing quantum-resistant digital identities from space, even in remote or disconnected regions.

    WISeSat has gradually embedded technologies from WISeKey, SEALSQ, and Hedera into its satellite operations, allowing these next-generation satellites to become a benchmark for post-quantum security from space. This advanced integration also supports the use of trusted digital tokens such as SEALCOIN, opening new frontiers in secure space-to-ground transactions and tokenized satellite-based services.

    WISeSat.Space has also established key infrastructure, including a satellite antenna in La Línea, Spain, with plans to install another in Switzerland. These installations will enhance the monitoring and management of the growing satellite constellation, ensuring optimal performance and secure operations. By 2027, WISeSat.Space aims to establish a large constellation of satellites, incorporating WISeKey cryptographic keys and PQC semiconductor technology from SEALSQ, to ensure robust, quantum-resistant communication capabilities from space.

    As quantum computing advances, the risk of key extraction, spoofing, and eavesdropping on satellite networks becomes increasingly urgent. SEALSQ’s Post-Quantum RootKey architecture provides robust, real-time defenses, including secure key isolation, signature validation, and quantum-resilient encryption, ensuring any attempt to intercept or tamper with quantum key exchanges is immediately detectable.

    In parallel, WISeSat’s multi-layered quantum-secure platform is designed to leverage the unique properties of space, including microgravity, to enable scientific breakthroughs impossible on Earth. This includes quantum sensing for unspoofable positioning, navigation, and timing (PNT), secure deep-space exploration, and in-orbit manufacturing of quantum components in pristine, interference-free environments.

    These advancements position WISeSat 3.0 to play a strategic role in enabling a sovereign, resilient, and secure digital infrastructure at a time of rising geopolitical and cybersecurity tensions. The mission underscores Europe and its allies’ commitment to space sovereignty and secure digital transformation.

    Together, WISeSat and SEALSQ are setting the foundation for a new generation of cyber-resilient, quantum-ready space systems, redefining global digital trust from orbit.

    About WISeKey

    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

    Disclaimer
    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and Investor Contacts

    WISeKey International Holding Ltd
    Company Contact: Carlos Moreira
    Chairman & CEO
    Tel: +41 22 594 3000
    info@wisekey.com     		 WISeKey Investor Relations (US) 
    The Equity Group Inc.
    Lena Cati
    Tel: +1 212 836-9611
    lcati@theequitygroup.com

    The MIL Network –

  • MIL-OSI United Kingdom: Christmas Tree and Switch On Event Could Return

    Source: Scotland – City of Dundee

    Christmas in Dundee this year could be celebrated with the return of a traditional tree to City Square accompanied by lights switch-on event. 

    The Dundee Hooley is also set to return to mark St Andrew’s Day.

    Proposals for the festive season will be considered by the next meeting of the Fair Work, Economic Growth and Infrastructure Committee. 

    Councillors will be told that the delivery of the Christmas and St Andrew’s Day events will be funded by a combination of £145,000 from the City Development revenue budget for events, and £60,000 from budget investment proposals. 

    The £60,000 was approved at the budget setting meeting in February and is aimed at supporting events that will positively contribute to Dundee’s economic growth through increasing footfall and visitors to the city.

    Councillors will also be asked to start the tendering process for operators to come forward to provide affordable family activities to be staged in City Square over the festive period. The council will not be funding this element of the festive offering. 

    Activities could include festive children’s events, interactive activities, entertainment, rides and market stalls.   

    A report to councillors outlines how the festive period is an important time for families and businesses in the city and that in recent years events had been staged in the four weeks leading up to Christmas in an effort to encourage people into the city centre.  

    While there has not been a one-off event including the light switch-on recently, the report highlights how feedback from the public has viewed such an occasion as a “valued event” in the calendar. 

    Committee convener Councillor Steven Rome said: “We have listened very carefully to people in the city about their views on our festive offering. 

    “From general feedback, as well as the budget consultation process, it has become clear that people are keen on the return of a tree in the square accompanied by a traditional switch-on event. 

    “We are aware of how important a time Christmas is for families and businesses in the city and have considered how best to take this forward, so that families can have fun and our economy can be boosted. 

    “The Dundee Hooley has also become an established and popular part of Dundee’s festive offering, so it is essential that this can continue as well.  

    “I am pleased that funds from the 20025-26 budget would allow the Hooley and the switch-on to both happen. 

    “We will also be advertising for operators to come forward with proposals to help stage affordable family activities for the festive period so that as many people as possible can enjoy a merry Dundee Christmas.” 

    The committee meets on Monday June 9. 

    MIL OSI United Kingdom –

  • MIL-OSI: CBAK Energy Secures $3 Million Follow-up Order from Livguard, Strengthening Strategic Partnership in India

    Source: GlobeNewswire (MIL-OSI)

    DALIAN, China, June 03, 2025 (GLOBE NEWSWIRE) — CBAK Energy Technology, Inc. (NASDAQ: CBAT) (“CBAK Energy,” or the “Company”), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced the receipt of a significant follow-up order from Livguard, a prominent Indian energy storage solutions provider. Valued at approximately USD 3 million, this order brings the cumulative value of orders from Livguard to USD 7.9 million since the inception of the partnership.

    Founded in India, Livguard is backed by the 37-year legacy of the esteemed SAR Group and has emerged as a leader in the Indian energy solutions landscape. With a broad portfolio including inverters, batteries, solar energy systems, and automotive power solutions, Livguard is supported by a robust nationwide sales and service network, catering to millions of customers and accelerating India’s transition to sustainable energy.

    Livguard has been sourcing Model 32140 cylindrical lithium-ion batteries from CBAK Energy, leveraging their high performance and reliability across a range of energy applications.

    Zhiguang Hu, Chief Executive Officer of CBAK Energy, commented: “In January, we announced our collaboration with Ather, one of India’s top five two- and three-wheeler manufacturers. Now, with this substantial order from Livguard, we are further strengthening our presence in India’s fast-growing energy market. This order is a strong validation of the quality and dependability of our battery technology. We look forward to deepening our strategic collaboration with Livguard and continuing to provide innovative energy solutions that meet the evolving demands of the global market.” 

    About CBAK Energy

    CBAK Energy Technology, Inc. (NASDAQ: CBAT) is a leading high-tech enterprise in China engaged in the development, manufacturing, and sales of new energy high power lithium batteries and raw materials for use in manufacturing high power lithium batteries. The applications of the Company’s products and solutions include electric vehicles, light electric vehicles, electric tools, energy storage, uninterruptible power supply (UPS), and other high-power applications. In January 2006, CBAK Energy became the first lithium battery manufacturer in China listed on the Nasdaq Stock Market. CBAK Energy has multiple operating subsidiaries in Dalian, Nanjing and Shaoxing, as well as a large-scale R&D and production base in Dalian.

    For more information, please visit ir.cbak.com.cn.

    Safe Harbor Statement

    This press release contains “forward-looking statements” that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, strategy and plans, and our expectations for future operations, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. We have attempted to identify forward-looking statements by terminology including “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “should,” or “will” or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements.

    The forward-looking statements included in this press release are made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking statements, other than as required by applicable law.

    For further inquiries, please contact:

    In China:
    CBAK Energy Technology, Inc.
    Investor Relations Department
    Mr. Thierry Jiewei Li
    Phone: 86-18675423231
    Email: ir@cbak.com.cn 

    The MIL Network –

  • MIL-OSI: First Federal Savings Bank and ICBA Provide Tips to Support the Homebuying Process

    Source: GlobeNewswire (MIL-OSI)

    EVANSVILLE, Ind., June 03, 2025 (GLOBE NEWSWIRE) — In recognition of National Homeownership Month, First Federal Savings Bank and the Independent Community Bankers of America (ICBA) are encouraging consumers to consult their local community banker about how to make the homebuying process simple, efficient and more affordable.

    “An important component in building financial independence is owning a home,” said Elisa Snyder, FVP, Retail Lending Sales Manager. “At First Federal Savings Bank, we want to simplify the homeownership process to make it as easy and affordable as possible. After you assess your needs, we can help find suitable options to finance your home, from first homes to forever homes.”

    Whether you are refinancing or purchasing your home, First Federal Savings Bank can help you determine:

    • The ideal loan amount and products to meet your budget considerations. We can review the mortgage process in detail and flag ideal programs and loan features.
    • How mortgage rates, terms, and related expenses (including property taxes and insurance premiums) affect payments. This will help you set a home budget and manage your homeownership expenses.
    • Your rights and obligations under your mortgage contract. Today’s consumers have many financing options—each with unique stipulations outlined in fine print.
    • Suitable government-sponsored programs. In addition to federal homeownership and home-buying assistance programs, we can recommend state, local government, and specialty programs for consideration.
    • Additional resources to help create a budget and set financial targets. We offer homebuyer seminars and other helpful resources. Free online educational tools can also be found at www.hud.gov.

    “Homeownership is an important step for many Americans in establishing financial stability and strengthening community roots,” said ICBA President and CEO Rebeca Romero Rainey. “Your community bank can help guide you through the process and provide tips to improve your position as informed buyers.”

    For more information on how First Federal Savings Bank can support your homeownership needs, visit us at https://www.firstfedsavings.bank or contact our Retail Loan Advisors at (812) 492-8142.

    About First Federal Savings Bank Member FDIC Equal Housing Lender NMLS# 433121

    First Federal Savings Bank was established on Evansville, Indiana’s Westside in 1904. A community bank offering eight locations in Posey, Vanderburgh, Warrick, and Henderson County. First Federal Savings Bank is also proud to offer Home Building Savings Bank locations in Daviess and Pike County.

    About ICBA

    The Independent Community Bankers of America® has one mission: to create and promote an environment where community banks flourish. We power the potential of the nation’s community banks through effective advocacy, education, and innovation.

    As local and trusted sources of credit, America’s community banks leverage their relationship-based business model and innovative offerings to channel deposits into the neighborhoods they serve, creating jobs, fostering economic prosperity, and fueling their customers’ financial goals and dreams. For more information, visit ICBA’s website at icba.org.

    The MIL Network –

  • MIL-OSI: Risk Strategies Acquires Schroeder Insurance

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, June 03, 2025 (GLOBE NEWSWIRE) — Risk Strategies, a leading North American specialty insurance brokerage and risk management and consulting firm, today announced it has acquired Schroeder Insurance, a Missouri-based firm with a specialty focus in the commercial lines and private client sectors. Terms of the deal were not disclosed.

    Led by brothers Paul and Ted Schroeder, who each have over 30 years of industry experience, Schroeder Insurance’s business is closely split between commercial and private clients. The agency has specialty experience in a number of industries including hospitality, the public sector, and emergency response organizations, among others. The agency’s expertise and high-touch approach to service have engendered strong loyalty, with the tenure of its top 10 clients averaging 10 years.

    “Schroeder Insurance joining the Risk Strategies family is a real win,” said Steve Giannone, Central Region Leader, Risk Strategies. “Paul and Ted have built a strong presence and solid reputation within their market. They understand that specialty knowledge is the key to solving tough risk and liability problems.”

    Schroeder Insurance traces its beginnings back to 1953 and founding partners A.C. Schroeder and Charles H. Schroeder. Its two offices in Union and Washington are located just west of St. Louis, Missouri. Schroeder Insurance has augmented its growth over the years through strategic acquisitions that have deepened its capabilities.

    “We saw joining Risk Strategies as the best way to extend our expertise-based business model,” said Paul Schroeder, CIC, President, Schroeder Insurance. “Becoming part of Risk Strategies brings national scale and a breadth of resources that will benefit both our clients and our people now and into the future.”

    In recent years, Risk Strategies has made key investments to build out its presence and capabilities in the Midwest, including Gabrielson Insurance & Financial Services and Comprehensive Benefits Inc., both in January 2025 in the greater Detroit area; the Ralph C. Wilson Agency in Michigan in February 2024; Illinois-based IZALE Financial Group in 2023; First Insurance Group in Ohio in 2023; and the insurance business of Johnson Financial Group, located in Wisconsin, in 2023. In Missouri alone, Risk Strategies has recently acquired Thomas McGee Group, Stephens & Associates, and Beattie & Associates, all based in St. Louis and Kansas City.

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

    About Risk Strategies

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

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

    The MIL Network –

  • MIL-OSI: Sustain SoCal to Host 12th Annual Driving Mobility Symposium on June 26, 2025

    Source: GlobeNewswire (MIL-OSI)

    NEWPORT BEACH, Calif., June 03, 2025 (GLOBE NEWSWIRE) — via InvestorWire — Sustain Southern California (“Sustain SoCal”), today announces that it will host the 12th Annual Driving Mobility Symposium (“Driving Mobility 12″) on Thursday, June 26, 2025. The event will be held in person at UCI Beall Applied Innovation, 5270 California Avenue, Irvine, CA.

    Driving Mobility 12 is the latest edition in the premier event series focusing on evolving trends in mobility and advanced transportation. The in-person symposium and extensive clean vehicle EXPO will attract renowned thought leaders and experts from across the state and broader region, to advance the discourse on sustainability and economics in the Southern California region.

    Invited speakers shall share their perspectives on a variety of aspects related to the transition towards green transportation in both the private and public spheres. Discussions will delve into autonomous vehicles, EV battery recycling, vehicle-to-grid, fuel cell vehicles, and micro-transport.

    Highly engaging and enlightening sessions will enable attendees to fine-tune their understanding of the broader industry landscape; build a deeper appreciation for the geopolitical, consumer, and environmental factors at play; explore collaborative opportunities with industry peers; and learn industry best practices and innovative strategies to address prevailing challenges.

    Key topics of interest shall include EV & Fuel Cell Infrastructure, Fleet Management, OEM Trends, Vehicle to Grid, Autonomous Vehicles, Mobility as a Service (MAAS), Multimodal Transportation, Last Mile Delivery Efficiency, Drone Applications, Workforce Shifts, Active Transportation, Policy Trends, and Legislation & Incentives.

    The EXPO will offer industry professionals and student attendees a unique opportunity to interact with cutting-edge technologies in the mobility decarbonization space and associated industries.

    With C-suite leaders and senior management available on the EXPO floor, attendees are encouraged to take advantage of the high-powered networking opportunities available to them and build stronger relationships with fellow professionals to expand their industry networks.

    C. Scott Kitcher, President and CEO of Sustain SoCal, commented,“Now in its 12th edition, the Driving Mobility series has been an important pillar of the mobility ecosystem in Southern California and surrounding regions. At Sustain SoCal, we are committed to nurturing academic and industry cross-networks and collaboration, as well as advancing the discussion related to sustainable economic development among a highly curious and knowledgeable audience. The high-quality EXPO shall offer deep insights into the latest technological advancements, making this a must-attend event.”

    Previous speakers at Sustain SoCal events have included representatives from local government bodies, utilities, and technology companies, as well as large corporate adopters, seasoned investors, and non-profit agencies.

    For more information and registration details, visit: https://sustainsocal.org/event/driving-mobility-12/

    About Sustain SoCal:
    Sustain SoCal, a non-profit organization, accelerates sustainability and economic growth through innovation, collaboration and education in Southern California. The organization has a ten-year history in exploring and implementing pragmatic, real-world solutions to the challenges created by growth, change and inefficiency. It conducts conferences, workshops and networking events that lead to initiatives that positively impact our region’s economic progress and sustainability. For more information, please visit www.sustainsocal.org.

    About IBN

    IBN consists of financial brands introduced to the investment public over the course of 18+ years. With IBN, we have amassed a collective audience of millions of social media followers. These distinctive investor brands aim to fulfill the unique needs of a growing base of client-partners. IBN will continue to expand our branded network of highly influential properties, leveraging the knowledge and energy of specialized teams of experts to serve our increasingly diversified list of clients.

    Through our Dynamic Brand Portfolio (DBP), IBN provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) Press Release Enhancement to ensure maximum impact; (4) full-scale distribution to a growing social media audience; (5) a full array of corporate communications solutions; and (6) total news coverage solutions.

    For more information, please visit https://www.InvestorBrandNetwork.com

    Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer

    Corporate Communications

    IBN
    Austin, Texas
    www.InvestorBrandNetwork.com
    512.354.7000 Office
    Editor@InvestorBrandNetwork.com

    The MIL Network –

  • MIL-OSI China: China launches NEV promotional campaigns in rural regions

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

    BEIJING, June 3 — China is seeking to boost the consumption of new energy vehicles (NEVs) in the country’s rural regions with accelerated efforts to improve the supporting environment for their use.

    According to a circular issued by five government departments on Tuesday, including the Ministry of Industry and Information Technology and the Ministry of Commerce, promotional campaigns for NEVs will be carried out in certain counties where the NEV penetration rate is low but the consumption potential is huge.

    As part of these promotional campaigns, NEV models suitable for driving conditions in rural areas, and which have good reputations and are known for reliable quality, will be selected. Activities such as exhibitions and test drives will be organized.

    NEV after-sales maintenance and repair service enterprises, electric car charging and battery switching service providers, and financial service enterprises will also be included in these promotional campaigns, with a view to optimizing the supporting environment for NEV adoption in rural areas.

    Car companies are encouraged to enrich the provision of NEV models and improve their services to tap consumption potential in China’s countryside.

    NEV manufacturers, car retailers, financial service companies, and electricity charging and after-sales service providers are also encouraged to offer “promotional deals” that integrate services spanning car purchase, car use and after-sales services to rural customers.

    Data from the China Association of Automobile Manufacturers showed that NEV production in China had surged 48.3 percent year on year to nearly 4.43 million units in the first four months of 2025, with sales up by 46.2 percent year on year to 4.3 million units. NEVs accounted for 42.7 percent of total new vehicle sales in China in the January-April period this year.

    The cumulative number of charging infrastructure facilities nationwide had reached almost 13.75 million at the end of March. This figure included 3.9 million public charging points for NEVs and 9.85 million private charging installations, official data revealed.

    MIL OSI China News –

  • MIL-OSI Russia: Special Report: Silkworms Weave New Ties of Cooperation Between China and Azerbaijan under Belt and Road Initiative

    Translation. Region: Russian Federal

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

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

    BAKU, June 3 (Xinhua) — In the small town of Gakh, 350 km northwest of Baku, Chief Engineer Manet Suleymanli was inspecting a mulberry plantation at the Gakh Sericulture Breeding Station on a foggy morning. Pointing to the trees, he said: “There are 30,000 Chinese saplings planted in 2019 growing on these three hectares. See, they are almost reaching my shoulders. In six years, we have imported 4.5 million saplings, they are planted all over the country. This is a revival.”

    THIRTY YEARS OF DECLINE: FROM SOVIET GREATNESS TO OBLIVION

    Azerbaijan was one of the centers of the eastern silk industry with a history of more than 1,500 years. In the 1960s and 70s, cocoon production exceeded 20 thousand tons – the second place in the USSR after Uzbekistan. In terms of quality, Azerbaijani silk was considered the best in the world and was exported to Japan, Switzerland, and Italy. But after the collapse of the USSR in the 1990s, economic ties were destroyed, collective farms disappeared, plantations were abandoned, breeds degraded, and specialists left. Akram Fataliyev, who headed the Gakh station for 40 years, recalls: “In 1986, 6,000 tons of cocoons were produced, in 2014 – only 10 tons, in 2015 – 236 kilograms. Production was disappearing.” According to him, with the decline of sericulture, he had to go into business.

    CHINESE TECHNOLOGY BEARS FRUIT: “PROJECT GREEN” REVITALIZES THE INDUSTRY

    The turning point came in 2016, when President Ilham Aliyev signed a decree on state support for sericulture. The “new silkworm project” began, and the first Chinese seedlings and silkworms crossed the Tien Shan and the Caspian to take root again in Azerbaijan. This became a new chapter in the cooperation between the two countries within the framework of the Belt and Road Initiative. M. Suleymanli explains: “The Chinese tree has large leaves – the caterpillars love them. But the Chinese caterpillars eat little, but produce a lot of silk.”

    In order to develop the industry, the “State Program for the Development of Cocoon Farming and Sericulture in the Republic of Azerbaijan for 2018-2025” was adopted in 2017. The country began actively purchasing cocoons from China, incubating them and distributing them free of charge to farmers in order to increase cocoon production to 6,000 tons per year.

    The main partner is Shandong Guangtong Silkworm Eggs Co., Ltd. Li Qiliang, who worked in Gakh from 2016 to 2019, explains: “The mulberry tree bears fruit for 15-20 years, then the harvest declines. Most of the trees were inherited from the USSR – they are old. China supplies grafted seedlings of the Jisang No. 3 variety – they are resistant to diseases, heat and drought, and produce high-quality leaves.” The Chinese breed of silkworms Huakang No. 3 forms cocoons up to 1,200 meters long – this is 300-400 meters longer than local caterpillars.

    GAKHSKAYA STATION OF SILKWORM BREEDING: INDEPENDENT SELECTION OF HYBRID LINES OF SILKWORMS

    In 2018, cooperation between China and Azerbaijan in the field of sericulture reached a new level. With technical support from China, the breeding station in Gakh was reconstructed. President I. Aliyev and his wife attended the opening ceremony, emphasizing the importance of the project. Three Chinese specialists, including Li Qiliang, took a commemorative photo with the presidential couple.

    Silkworms are the basis of sericulture. The Gakh station is the only institution in the country engaged in their breeding. Investment in its restoration was the first step towards self-sufficiency in this area. Founded in 1973, the station ceased operations in 1998, but after reconstruction it occupies five hectares, including an administrative building, a laboratory, incubation and hybrid centers.

    Three hectares of mulberry plantations have been created at the station. In 2019, 30,000 Chinese seedlings resistant to the harsh climate began to grow here. That same year, research on silkworm hybridization began – for the first time in the history of Azerbaijan. According to Li Qiliang, the training was carried out strictly according to Chinese standards. Hybridization increases the resistance of silkworms to diseases and increases the yield of cocoons.

    Chief Engineer M. Suleymanli said that currently “Gakh-1” and “Gakh-2” are being grown, having reached the fifth age. Soon they will begin to form cocoons, after which mating will occur to obtain a new species. Delivery of two more varieties of gren from China is expected.

    In 2018, Lalazar Gaidarova, an employee of the station, completed a two-week training in China. “Chinese technologies are modern and effective. Now we do everything the same way as in China. Even the equipment was brought from there,” she shared. L. Gaidarova advocates for a regular exchange of experience with the Chinese side and sending Azerbaijani youth for internships. “Our specialists are getting older. 62-year-old Manet is the youngest. We need to prepare a replacement,” she says.

    This year, the Ministry of Agriculture of Azerbaijan again imported 5,000 boxes of garnets from China, supplementing them with 1,000 boxes of local production. A total of 6,000 boxes were distributed among 40 districts and Nakhchivan. The projected harvest is 240 tons. M. Suleymanli noted that in sericulture, as in viticulture, there are lean years, and the current year is not the best.

    Farmers have realized the advantages of sericulture: high profits and quick results – after 40 days the caterpillars form cocoons. Capital turnover is only two months. Now farmers in 40 of the country’s 66 regions and in Nakhchivan are engaged in sericulture. The leaders are Zardab, Fizuli, Zagatala and others.

    According to Zaur Abbasov, Advisor to the Head of the Gakh District, registration of farmers begins in February. Based on applications, the Ministry of Agriculture imports the required amount of grains. By the end of April and the beginning of May, the grains are distributed among the regions. “Grans and mulberry tree seedlings are provided free of charge. The revival of sericulture is important for diversifying the economy and preserving traditions,” he noted.

    To stimulate farmers, the state increased the purchase price of cocoons from three to 11 manats per kilogram, of which five is paid by the buyer and six by the state in the form of a subsidy.

    There are already tangible results: 236 kg of cocoons were collected in 2015, and 643.7 tons in 2019, which provided income for more than 10,000 rural families.

    Xinhua met Sahib, Azerbaijan’s champion sericulturist. In 2018, he collected one ton of cocoons from 20 boxes of geraniums, setting a record. Now he works with five boxes, expecting a 250-kilogram harvest. His sericulture workshop resembles a factory, with two-tiered racks and temperature and humidity controls. “Look, the caterpillars are sleeping. In 15 days, the cocoons will be ready. At 11 manat per kilogram, that will bring in 2,750 manat, a third of the family’s annual income,” he said. –0–

    MIL OSI Russia News –

  • MIL-OSI: Information on the total number of voting rights and shares of 74Software share capital as of May 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    Information on the total number of voting rights and shares of 74Software share capital as of May 31, 2025

    Paris, June 3, 2025 – In accordance with Articles L.233-8 II and R.225-73 I of the French Commercial Code (Code de Commerce) and Article 223-16 of the General Regulations of the Autorité des Marchés Financiers (RGAMF), 74Software hereby informs its shareholders that, as of May 31, 2025:

    • Total number of shares is 29,746,194.
    • Total number of theoretical voting rights is 41,294,970.

    It is calculated according to the total number of shares with voting rights, including those whose voting rights have been suspended, and is used to declare threshold crossing by shareholders in accordance with Article 223-11 of the RGAMF.

    • Number of exercisable voting rights is 40,813,565.

    Disclaimer

    This document is a translation into English of an original French press release. It is not a binding document. In the event of a conflict in interpretation, reference should be made to the French version, which is the authentic text.

    About 74Software

    74Software is an enterprise software group founded through the combination of Axway and SBS – independently operated leaders with unique experience and capabilities to deliver mission-critical software for a data driven world. A pioneer in enterprise integration solutions for 25 years, Axway supports major brands and government agencies around the globe with its core line of MFT, B2B, API, and Financial Accounting Hub products. SBS empowers banks and financial institutions to reimagine tomorrow’s digital experiences with a composable cloud-based architecture that enables deposits, lending, compliance, payments, consumer, and asset finance services and operations to be deployed worldwide. 74Software serves more than 11,000 companies, including over 1,500 financial service customers. To learn more, visit 74Software.com

    Contacts – Investor Relations:

    Arthur Carli – +33 (0)1 47 17 24 65 – acarli@74software.com
    Chloé Chouard – +33 (0)1 47 17 21 78– cchouard@74software.com

    Attachment

    The MIL Network –

  • MIL-OSI: Micron Ships World’s First 1γ (1-Gamma)-Based LPDDR5X, Enabling Rich Mobile AI Experiences

    Source: GlobeNewswire (MIL-OSI)

    BOISE, Idaho, June 03, 2025 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU), announced today that it is shipping qualification samples of the world’s first 1γ (1-gamma) node-based low-power double data rate 5X (LPDDR5X) memory, designed to accelerate AI applications on flagship smartphones. Delivering the industry’s fastest LPDDR5X speed grade of 10.7 gigabits per second (Gbps), combined with up to a 20% power savings,1 Micron LPDDR5X transforms smartphones with faster, smoother mobile experiences and longer battery life — even when executing data-intensive workloads such as AI-powered translation or image generation.

    To meet the industry’s increasing demand for compact solutions for next-generation smartphone designs, Micron’s engineers have shrunk the LPDDR5X package size to offer the industry’s thinnest package of 0.61 millimeters,2 making it 6% thinner compared to competitive offerings,3 and representing a 14% height reduction from the previous generation.4 The small form factor unlocks more possibilities for smartphone manufacturers to design ultrathin or foldable smartphones.

    “Micron’s 1-gamma node-based LPDDR5X memory is a game-changer for the mobile industry,” said Mark Montierth, corporate vice president and general manager of Micron’s Mobile and Client Business Unit. “This breakthrough technology delivers lightning-fast speeds and remarkable power efficiency — all within the industry’s thinnest LPDDR5X package — paving the way for exciting new smartphone designs. This solution demonstrates our commitment to empowering the ecosystem to create extraordinary mobile experiences.”

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

    The company’s 1γ-based LPDDR5X enables dramatic leaps in performance for mobile users by enabling faster AI insights. For example, Micron evaluated mobile AI response times from large language model Llama 2, based on 1γ LPDDR5X’s 10.7 Gbps bandwidth compared to 1β (1-beta) LPDDR5X’s 7.5 Gbps bandwidth,5 finding:

    • Responses are 30% faster when asking for location-based restaurant recommendations.
    • Results are more than 50% faster when translating a voice inquiry in English to text in Spanish to ask for directions.
    • Responses can be up to 25% faster when requesting car purchase recommendations based on vehicle type, affordability and certain infotainment and safety features.6

    Now ramping in Micron’s mobile portfolio, Micron’s 1γ-based LPDDR5X is the company’s first mobile solution to leverage advanced EUV lithography — providing customers with early access to the latest performance and power efficiency advancements, based on the industry’s most advanced memory node technology. This milestone builds on Micron’s February sampling of 1γ-based DDR5 memory for next-generation CPUs in the data center and client segments. Micron’s optimized 1γ DRAM node leverages CMOS7 advancements like next-generation high-K metal gate technology for improved transistor performance and incorporates leading-edge EUV lithography for enhanced bit density.

    As energy-intensive mobile AI workloads are increasingly processed on-device rather than only in the cloud, low-power chips are crucial for devices like smartphones, tablets and laptops, which need to conserve power while performing AI computations.

    Micron’s 1γ-based LPDDR5X’s significant 20% power savings will allow mobile users to enjoy their favorite AI applications, games and video content longer on a single charge. In addition, as AI intensifies the need for powerful, energy-efficient compute, data center servers, intelligent vehicles and AI PCs may also increasingly adopt LPDDR5X for its unique blend of optimized power efficiency and high performance.

    Micron is currently sampling 1γ-based LPDDR5X 16 gigabyte (GB) products to select partners and will offer a wide range of capacities from 8GB to 32GB for use in 2026 flagship smartphones.

    Additional Resources

    About Micron Technology, Inc.
    We are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND and NOR memory and storage products through our Micron® Hand Crucial® brands. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence (AI) and compute-intensive applications that unleash opportunities — from the data center to the intelligent edge and across the client and mobile user experience. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit micron.com.

    © 2025 Micron Technology, Inc. All rights reserved. Information, products, and/or specifications are subject to change without notice. Micron, the Micron logo, and all other Micron trademarks are the property of Micron Technology, Inc. All other trademarks are the property of their respective owners.

    __________________________

    1 Compared to Micron’s previous generation LPDDR5X
    2 Package thickness varies based on capacity; 0.61mm thickness for Micron’s 8GB and 16GB 1γ-based LPDDR5X 496-ball packages.
    3 Based on Micron’s competitive market research and intelligence, with competitive offerings measuring at 0.65 mm thick
    4 Based on a thickness of 0.71mm for Micron’s 1β-based LPDDR5X for 16GB
    5 Examples below are based on extrapolation of data from devices using LPDDR5X running at 9.6 Gbps and 7.5 Gbps.
    6 Based on a test asking Llama 2 to recommend 10 SUVs while prioritizing user requirements such as affordability, Apple CarPlay and essential safety features such as emergency braking, blind spot monitoring, parking sensors and all-wheel drive. Recommendations given were within a budget of $23,000 to $37,000.
    7 Complementary metal-oxide semiconductor

    The MIL Network –

  • MIL-OSI: Apollo Capital Warns MediPharm Shareholders Current CEO David Pidduck is Looking for an Exit

    Source: GlobeNewswire (MIL-OSI)

    CEO David Pidduck has Stated Desire to Cash Out at Current Levels

    Pidduck and Current Board Do Not Have Conviction in MediPharm or its Long-Term Value Creation Strategy

    Apollo Capital has a Plan to Increase MediPharm Share Price from $0.07 to Over $1.00 in Three Years, Restoring Medipharm’s Position as a Leading Global Medical Cannabis Company.

    SHAREHOLDERS ARE URGED TO VOTE THE GOLD CARD “FOR” APOLLO CAPITAL’S SIX DIRECTOR NOMINEES AND NOT VOTE MEDIPHARM’s GREEN CARD

    TORONTO, June 03, 2025 (GLOBE NEWSWIRE) —  Apollo Technology Capital Corporation (“Apollo Capital”), one of MediPharm Lab’s largest investors, today warns all Medipharm shareholders that CEO David Pidduck is looking to sell the Company to cash out his shares based on credible information available to the investor. If shareholders support MediPharm’s current slate of directors, shareholders can expect to be heavily diluted while top executives take up to $5M in change in control payments.

    In 2025, a current Board member told Apollo Capital directly that CEO Pidduck was looking to sell the company to trigger his change in control awards. That Board member expressed their concern that the transaction was excessively dilutive and undervalued for shareholders. Since that time, multiple sources have come forward to confirm Pidduck and the current Board’s plans to pursue a transaction which would fire sell Medipharm’s assets at a discount. A sale of MediPharm would only benefit Pidduck and the current Board, not its shareholders.

    Between October 2024 and April 2025, Apollo Capital & Pidduck had multiple negotiations about Apollo Capital’s desire to make an investment in Medipharm in order to bolster its ability to pursue an aggressive growth strategy. In these negotiations, Pidduck was clear that he wants to cash out his shares, which were not bought, but instead granted to him by MediPharm.

    In 2025, a written offer to invest $3.4M in a private placement at the then-current market price with no discount or warrant coverage and to invest an additional nearly $3.5M to acquire shares from CEO Pidduck and President Stachan. As part of the significant cash investment, Apollo Capital would acquire 2 board seats to help guide a strategic growth strategy that the Company still lacks. Apollo Capital’s offer was rejected.

    “Our offer represented a way for MediPharm to capitalize the Company without selling key assets. Our goal was to preserve value for all shareholders. We saw our investment as a critical step towards rebuilding value at MediPharm. If our offer was accepted, we would have avoided a proxy contest and the cash balance would be millions higher than it is today. We would already be well on our way toward achieving our goal of a 10x increase in the stock price,” said Regan McGee, CEO of Apollo Capital.         

    Apollo Capital asks:

    • If Management’s plan is working, why would they want to sell the Company at the current valuation?
    • Why would the CEO want to sell his shares in Medipharm if he believed in its long-term strategy?
    • Where would the share price be today if management had accepted Apollo Capital’s offer, choosing to work with rather than against its largest shareholder in the interest of all shareholders?

    Why We Have Invested:

    Apollo Capital has invested in MediPharm and nominated director candidates to order to drive the urgent change needed to put the Company back on the right path. We see a clear opportunity to revitalize the business, reposition MediPharm as a market leader, and unlock value over the long term, with the potential to increase the share price to over $1.00.

    Apollo Capital’s goal is to build a Company for the long term that creates lasting value for all shareholders. It is NOT to acquire the Company, as MediPharm’s current management has falsely claimed. Since the start of the proxy contest, which management forced at great expense to MediPharm, Apollo Capital has not purchased, sold, shorted, or been involved in any transactions involving the Company’s stock. We are here to be long-term investors and to rebuild MediPharm into a leading medical cannabis company.

    Apollo Capital’s strategic five-pillar plan for MediPharm has been made available in detail at www.curemedipharm.com. With shareholder support, we can turn MediPharm around and transform it into the world’s leading medical cannabis company.

    Apollo Capital urges shareholders to vote for change by voting the GOLD CARD by June 13, 2025. Shareholders are urged NOT to sign or return the green proxy cards sent by the Company.

    Contacts

    For Shareholders:
    Carson Proxy
    North American Toll-Free Phone: 1-800-530-5189
    Local or Text Message: 416-751-2066 (collect calls accepted)
    E: info@carsonproxy.com

    For Media:
    CureMediPharm@gasthalter.com

    Legal Disclosures

    Information in Support of Public Broadcast Exemption under Canadian Law

    The information contained in this press release does not and is not intended to constitute a solicitation of a proxy within the meaning of applicable corporate and securities laws. Shareholders of the Company are not being asked at this time to execute a proxy in favour of Apollo Capital’s director nominees or in respect of any other matter to be acted upon at the Annual Meeting. In connection with the Annual Meeting, Apollo Capital has filed a dissident information circular (the “Circular”) in compliance with applicable corporate and securities laws. Apollo Capital has provided in, or incorporated by reference into, this press release the disclosure required under section 9.2(4) of NI 51-102 – Continuous Disclosure Obligations (“NI 51-102”) and the corresponding exemption under the Business Corporations Act (Ontario), and has filed the preliminary Circular, available under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. The Circular contains disclosure prescribed by applicable corporate law and disclosure required under section 9.2(6) of NI 51-102 in respect of Apollo Capital’s director nominees, in accordance with corporate and securities laws applicable to public broadcast solicitations. The Circular is hereby incorporated by reference into this press release and is available under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. The registered office of the Company is 151 John Street, Barrie, Ontario, Canada L4N 2L1.

    SHAREHOLDERS OF MEDIPHARM ARE URGED TO READ THE CIRCULAR CAREFULLY BECAUSE IT CONTAINS IMPORTANT INFORMATION. Investors and shareholders are able to obtain free copies of the Circular and any amendments or supplements thereto and further proxy circulars at no charge under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. In addition, shareholders are also be able to obtain free copies of the Circular and other relevant documents by contacting Apollo Capital’s proxy solicitor, Carson Proxy Advisors Ltd. (“Carson Proxy”) at 1-800-530-5189, local (collect outside North America): 416-751-2066 or by email at info@carsonproxy.com.

    None of Apollo Capital, any other “dissidents” within the meaning of the Ont. Reg. 62 of the Business Corporations Act (Ontario), or any partner, officer, director and control person of such “dissident”, is requesting that Company shareholders submit a proxy at this time as the Company has yet to issue formal notice of the Annual Meeting and its management information circular. Once formal solicitation of proxies in connection with the Annual Meeting has commenced, proxies may be revoked in accordance with subsection 110(4) of the Business Corporations Act (Ontario) by a registered shareholder of Company shares: (a) by completing and signing a valid proxy bearing a later date and returning it in accordance with the instructions contained in the accompanying form of proxy; (b) by depositing an instrument in writing executed by the shareholder or by the shareholder’s attorney authorized in writing; (c) by transmitting by telephonic or electronic means a revocation that is signed by electronic signature in accordance with applicable law, as the case may be: (i) at the registered office of the Company at any time up to and including the last business day preceding the day the Annual Meeting or any adjournment or postponement of the Annual Meeting is to be held, or (ii) with the chair of the Annual Meeting on the day of the Annual Meeting or any adjournment or postponement of the Annual Meeting; or (d) in any other manner permitted by law. In addition, proxies may be revoked by a non-registered holder of Company shares at any time by written notice to the intermediary in accordance with the instructions given to the non-registered holder by its intermediary. It should be noted that revocation of proxies or voting instructions by a non-registered holder can take several days or even longer to complete and, accordingly, any such revocation should be completed well in advance of the deadline prescribed in the form of proxy or voting instruction form to ensure it is given effect in respect of the Annual Meeting.

    The costs incurred in the preparation and mailing of any circular or proxy solicitation by Apollo Capital and any other participants named herein will be borne directly and indirectly by Apollo Capital. However, to the extent permitted under applicable law, Apollo Capital intends to seek reimbursement from the Company of all expenses incurred in connection with the solicitation of proxies for the election of its director nominees at the Annual Meeting.

    This press release and any solicitation made by Apollo Capital is, or will be, as applicable, made by such parties, and not by or on behalf of the management of the Company. Proxies may be solicited by proxy circular, mail, telephone, email or other electronic means, as well as by newspaper or other media advertising and in person by managers, directors, officers and employees of Apollo Capital who will not be specifically remunerated therefor. In addition, Apollo Capital may solicit proxies by way of public broadcast, including press release, speech or publication and any other manner permitted under applicable Canadian laws, and may engage the services of one or more agents and authorize other persons to assist it in soliciting proxies on their behalf.

    Apollo Capital has entered into an agreement with Carson Proxy Advisors (“Carson Proxy”) for solicitation and advisory services in connection with the solicitation of proxies for the Meeting, for which Carson Proxy will receive a fee not to exceed $250,000, together with reimbursement for reasonable and out-of-pocket expenses. Apollo Capital has also engaged Gasthalter & Co. LP (“G&Co”) to act as communications consultant to provide Apollo Capital with certain communications, public relations and related services, for which G&Co will receive a minimum fee of US$75,000 in addition to a performance fee of US$250,000 in the event that Apollo’s nominees make up a majority of the Board following the Annual Meeting, plus excess fees, related costs and expenses.

    No member of Apollo Capital nor any of their associates or affiliates has or has had any material interest, direct or indirect, in any transaction since the beginning of the Company’s last completed financial year or in any proposed transaction that has materially affected or will or would materially affect the Company or any of the Company’s affiliates. No member of Apollo nor any of their associates or affiliates has any material interest, direct or indirect, by way of beneficial ownership of securities or otherwise, in any matter to be acted upon at the Annual Meeting, other than the election of directors.

    Cautionary Statement Regarding Forward-Looking Statements

    This press release contains forward‐looking statements. All statements contained in this filing that are not clearly historical in nature or that necessarily depend on future events are forward‐looking, and the words “anticipate,” “believe,” “expect,” “estimate,” “plan,” and similar expressions are generally intended to identify forward‐looking statements. These statements are based on current expectations of Apollo and currently available information. They are not guarantees of future performance, involve certain risks and uncertainties that are difficult to predict, and are based upon assumptions as to future events that may not prove to be accurate. All forward-looking statements contained herein are made only as of the date hereof and Apollo disclaims any intention or obligation to update or revise any such forward-looking statements to reflect events or circumstances that subsequently occur, or of which Apollo Capital hereafter becomes aware, except as required by applicable law.

    Hashtags: #ShareholderActivism #CorporateGovernance #InvestorProtection #Investor Alert #Investor Fraud #FinancialRegulation #CorporateCrime #FinancialCrime #HomelandSecurity #DHS #OpioidCrisis #OpioidEpidemic #OpioidLitigation #OpioidVictims #BMO #DEA #ONDCP

    The MIL Network –

  • MIL-OSI: American Rebel Holdings, Inc. (NASDAQ: AREB) Announces American Rebel Light Beer’s Initial Expansion into 62 Total Wine & More Locations – America’s Largest Independent Alcohol Retailer

    Source: GlobeNewswire (MIL-OSI)

    • Consumers looking for American Rebel Light – America’s Patriotic Beer can now purchase in-store at several Total Wine & More locations across the American Rebel Light Beer Distribution Footprint.
    • Initial Placement for American Rebel Light Beer in either 12oz or 16oz cans is scheduled for 62 Total Wine & More Locations across 7 states.
    • Total Wine & More has officially approved American Rebel Light Beer for immediate placement reinforcing the brand’s rapid growth and consumer demand.

    NASHVILLE, TN, June 03, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB) (“American Rebel” or the “Company”), creator of American Rebel Beer (americanrebelbeer.com) and a designer, manufacturer, and marketer of branded safes, personal security and self-defense products and apparel (americanrebel.com), proudly reports that American Rebel Premium Light Lager Beer (“Rebel Light”) continues its rapid national retail and chain expansion with Total Wine and More, one of the nation’s leading alcohol retailers. American Rebel Light Beer, America’s Patriotic Beer, is initially scheduled to be placed into 62 Total Wine & More (www.totalwine.com) locations. This milestone marks another significant step in American Rebel Light Beer’s retail and chain growth strategy, ensuring greater accessibility for consumers across Florida, Tennessee, North Carolina, Kentucky, Connecticut, Missouri, and Kansas—key territories where the brand has active distribution partners.

    Total Wine & More (www.totalwine.com) is recognized as a premier national retailer, boasting over 250 locations across the United States. The company plays a pivotal role in the alcohol industry, generating billions in annual sales and serving as a top destination for beer, wine, and spirits enthusiasts. With beer accounting for approximately 42% of supplier gross revenues in the U.S. alcohol market, Total Wine remains a critical player in domestic light beer sales.

    “The U.S. domestic beer market is a multi-billion-dollar powerhouse, fueling American traditions and bringing people together in celebration. As America’s Patriotic Beer, American Rebel Light Beer is not just making waves—we are redefining what it means to be a beer brand with heart, grit, and unwavering American values. With explosive growth and a rapidly expanding footprint, we are proud to be recognized as America’s Fastest Growing Beer and well on our way to becoming America’s Next Great Success Story.’ said Andy Ross, CEO of American Rebel Holdings, Inc. “Adding a premier alcohol retailer like Total Wine & More to our distribution network is a critical milestone in our mission to bring American Rebel Light Beer to more consumers nationwide. Total Wine’s reputation for excellence and expansive reach will allow us to connect with new audiences who share our passion for quality beer and patriotic pride. This expansion reinforces our commitment to making American Rebel Light Beer a household name across the country.”

    “American Rebel Light Beer’s entry into Total Wine & More is another significant milestone for American Rebel Light Beer,” said Todd Porter, President at American Rebel Beverages. “Total Wine’s expansive reach and reputation as a trusted retailer will allow us to connect with more consumers who share our passion, patriotic values and see the market opportunity for a quality, better for you, domestic light beer.”

    Total Wine & More Market Influence, Sales Impact & Customer Experience

    Total Wine generates billions in annual revenue, surpassing many competitors in wine and spirits sales. The retailer plays a crucial role in the U.S. alcohol market, where beer alone accounts for 42% of supplier gross revenues.

    Customer Experience & Brand Strategy

    Total Wine enhances its customer experience with in-store tastings, educational events, and private-label offerings, making it a go-to destination for beverage enthusiasts. Its ability to provide exclusive products and expert recommendations sets it apart from general grocery and warehouse retailers

    American Rebel Light Beer’s presence in Total Wine locations will be supported by in-store promotions, digital marketing campaigns, and brand ambassador activations to engage customers and drive awareness. The company remains committed to delivering a premium domestic light beer that embodies the spirit of American pride and resilience.

    The placements have already begun with several locations currently in stock including

    Tennessee

    Brentwood (Nashville), TN

    Brentwood Place Shopping Center
    330 Franklin Rd., Suite 306C
    Brentwood, TN 37027

    Knoxville, TN

    Pinnacle at Turkey Creek
    11370 Parkside Dr., Suite 2400
    Knoxville, TN 37934

    North Carolina

    Charlotte (Rivergate), NC

    RiverGate
    14151 Steele Creek Rd., Suite 200
    Charlotte, NC 28273

    Charlotte (Promenade on Providence), NC

    Promenade on Providence
    5341 Ballantyne Commons Pkwy. S. 100
    Charlotte, NC 28277

    Concord, NC

    Pavilion at Kings Grant
    8054 Concord Mills Blvd.
    Concord, NC 28027

    Charlotte (Myers Park), NC

    Park Towne Village (Myers Park)
    1600 East Woodlawn Road
    Charlotte, NC 28209

    Cornelius, NC

    The Shops at the Fresh Market
    20615 Torrence Chapel Road, Unit 101
    Cornelius, NC 28031

    Kentucky

    Lexington Green, KY

    The Mall at Lexington Green
    161 Lexington Green Circle
    Lexington, KY 40503

    Sir Barton, KY

    Sir Barton Place Shopping Center
    2321 Sir Barton Way Suite 165
    Lexington, KY 40509

    Connecticut

    Norwalk, CT

    Main Avenue Shopping Center
    380 Main Ave.
    Norwalk, CT 06851

    Milford, CT

    230 Cherry St.
    Milford, CT 06460

    Kansas

    Overland Park, KS

    Pinnacle Village Shopping Center
    12100 Blue Valley Parkway
    Overland Park, KS 66213

    Wichita, KS

    Greenwich Place
    2762 N Greenwich Ct.
    Wichita, KS 67226

    Florida

    Jacksonville, FL

    St. John’s Town Center North
    4413 Town Center Parkway 300
    Jacksonville, FL 32246

    For more information on American Rebel Light Beer and its availability at Total Wine & More, visit americanrebelbeer.com.

    About American Rebel Light Beer

    American Rebel Light is more than just a beer—it’s a celebration of freedom, passion, and quality. Brewed with care and precision, our light beer delivers a refreshing taste that’s perfect for every occasion.

    For more information about American Rebel Light and its sponsorship of the NHRA 4-Wide Nationals, visit American Rebel Light NHRA 4-Wide Nationals | Events | Charlotte Motor Speedway or follow us on social media @AmericanRebelBeer

    Since its launch in September 2024, American Rebel Light Beer has rolled out in Tennessee, Connecticut, Kansas, Kentucky, Ohio, Iowa, Missouri, North Carolina, Florida and Indiana and is adding new distributors and territories regularly. For more information about the launch events and the availability of American Rebel Beer, please visit americanrebelbeer.com or follow us on our social media platforms.

    Produced in partnership with AlcSource, American Rebel Light Beer (americanrebelbeer.com) is a domestic premium light lager celebrated for its exceptional quality and patriotic values. It stands out as America’s Patriotic, God-Fearing, Constitution-Loving, National Anthem-Singing, Stand Your Ground Beer.

    American Rebel Light is a Premium Domestic Light Lager Beer – All Natural, Crisp, Clean and Bold Taste with a Lighter Feel. With approximately 100 calories, 3.2 carbohydrates, and 4.3% alcoholic content per 12 oz serving, American Rebel Light Beer delivers a lighter option for those who love great beer but prefer a more balanced lifestyle. It’s all natural with no added supplements and importantly does not use corn, rice, or other sweeteners typically found in mass produced beers.

    About Total Wine & More

    Total Wine & More is America’s Wine Superstore® — the country‘s largest independent retailer of fine wine. We started in 1991 when brothers David and Robert Trone opened a small store in Delaware. Today, Total Wine & More operates 282 superstores across 29 states and continues to grow. Total Wine & More employs more than 11,000 dedicated men and women

    Total Wine and More offers nation’s best wine selection, with an emphasis on fine wines. The typical store carries more than 8,000 different wines from every wine-producing region in the world. The typical Total Wine & More also carries more than 2,500 beers, from America’s most popular brands to hard-to-find microbrews and imports, and more than 3,000 different spirits in every style and price range.

    About American Rebel Holdings, Inc.

    American Rebel Holdings, Inc. (NASDAQ: AREB) has operated primarily as a designer, manufacturer and marketer of branded safes and personal security and self-defense products and has recently transitioned into the beverage industry through the introduction of American Rebel Light Beer.. The Company also designs and produces branded apparel and accessories. To learn more, visit www.americanrebel.com and www.americanrebelbeer.com. For investor information, visit www.americanrebel.com/investor-relations.

    Media Inquiries:
    Matt Sheldon
    Matt@Precisionpr.co
    917-280-7329

    American Rebel Holdings, Inc.
    ir@americanrebel.com
    info@americanrebel.com

    American Rebel Beverages, LLC
    Todd Porter, President
    tporter@americanrebelbeer.com

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. American Rebel Holdings, Inc., (NASDAQ: AREB; AREBW) (the “Company,” “American Rebel,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include benefits of placements in Total Wine & More locations, success and availability of the promotional activities, our ability to effectively execute our business plan, and the Risk Factors contained within our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2024 and our Quarterly Report on Form 10-Q for the three months ended March 31, 2025. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

    Attachment

    The MIL Network –

  • MIL-OSI: Orion180 Launches Its Customizable Private Flood Insurance in Florida

    Source: GlobeNewswire (MIL-OSI)

    MELBOURNE, Fla., June 03, 2025 (GLOBE NEWSWIRE) — Orion180, a leading provider of innovative insurance solutions, today announced the availability of its Residential Private Flood Insurance in Florida. Designed to provide fair, competitive, and comprehensive coverage, Orion180’s flood insurance solution leverages advanced risk analysis and customizable policy options to offer homeowners a smarter alternative to traditional options.

    Despite rising sea levels and increased hurricane frequency causing more flooding in Florida, only about 12% of Florida’s nine million properties had flood insurance as of June 2024—leaving a vast majority of homeowners financially vulnerable. These environmental changes have led to residential flooding extending beyond traditionally high-risk zones, with approximately 25% of all flood claims nationwide now coming from moderate- to low-risk areas.

    With low coverage rates, high premiums, and increasing flood risks, Florida homeowners need a reliable and accessible insurance solution that provides adequate protection without unnecessary hurdles. Orion180 goes beyond Federal Emergency Management Agency (FEMA) flood maps, as their data-driven underwriting incorporates advanced third-party flood mapping and property-specific risk assessments, ensuring more accurate pricing and better protection for policyholders. With competitive pricing and a seamless, digital-first experience, Orion180 is making flood insurance more accessible, flexible, and beneficial for Florida homeowners.

    Key Benefits of Orion180’s Residential Private Flood Insurance include:

    • Comprehensive Coverage: Offers up to $1M in building coverage with a 10-day or less waiting period, far exceeding many traditional flood insurance policies like the National Flood Insurance Program (NFIP) managed by FEMA, which only offers up to $250,000 with a 30-day waiting period.
    • No Elevation Certificate Required: Most homeowners can secure coverage without additional paperwork or home inspections.
    • Mortgage-approved: Policies meet FMAC and FNMA guidelines, ensuring seamless acceptance by mortgage lenders.
    • Additional Policy Enhancements: Includes loss of use, personal property replacement cost, water backup/sump pump overflow coverage, swimming pool cleanup/repair, and debris removal, among other benefits.
    • Expanded Zone Coverage: Covers all flood zones (X, A, & V) to provide protection where it’s needed most.

    “Flooding is a growing concern for homeowners in Florida, and too often, people find themselves underinsured or facing expensive policies with limited options,” said Ken Gregg, CEO of Orion180. “Our goal is to simplify the process, offer more competitive rates, and provide homeowners with superior protection that aligns with their actual risk—not just their zip code.”

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

    Media Contact
    Ross Blume
    Fusion Public Relations
    orion180@fusionpr.com

    The MIL Network –

  • MIL-OSI: May Commercial Chapter 11 Filings Increase 62 Percent over Last Month

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) — Commercial chapter 11 filings totaled 733 in May, an increase of 62 percent over the 453 filings in April, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data. The overall May commercial filing total of 2,695 represented an 8 percent increase from the April 2025 commercial filing total of 2,489. Small business filings, captured as subchapter V elections within chapter 11, increased 3 percent to 228 in May 2025 from 223 the previous month.

    May’s 48,218 total bankruptcy filings represented a 3 percent decrease from April’s filing total of 49,610. The 45,523 noncommercial filings in May also represented a 3 percent decrease from the April 2025 noncommercial filing total of 47,121. Consumer chapter 7 filings decreased 7 percent to 28,716 from the 30,823 chapter 7s filed in April 2025, while chapter 13 filings increased 3 percent to 16,694 over the 16,198 filings in April.

    “The sharp uptick in overall commercial chapter 11 filings in May 2025 underscores the ongoing economic pressures businesses face, from elevated borrower costs, potential tariff impacts and geopolitical uncertainty,” said Michael Hunter, vice president of Epiq AACER. “Meanwhile, consumer filings continue to climb yet remain below pre-pandemic levels; however, the resumption of student loan collections and the expiration of the FHA modification programs are likely to drive further increases in filings, particularly through the end of 2025 and into 2026.”

    Overall commercial filings registered a slight increase of 1 percent in May 2025 to 2,695 from the 2,664 commercial filings in May 2024. Commercial chapter 11 filings decreased also, as the 733 filings in May 2025 represented a 4 percent decline from the 765 filings reported in May 2024.

    The 48,218 total U.S. bankruptcy filings in May 2025 increased 7 percent from the May 2024 total of 45,025. Noncommercial bankruptcy filings also registered a 7 percent increase, to 45,523 in May 2025 from the May 2024 noncommercial total of 42,361. The number of consumers filing for chapter 7 increased 11 percent to 28,716 in May 2025 from the 25,773 who filed for chapter 7 last year, while chapter 13 filings increased 1 percent to 16,694 in May 2025 from the 16,507 chapter 13 filings in May 2024.

    “The current financial landscape presents struggling businesses and consumers with additional challenges of elevated prices, higher borrowing costs and uncertain geopolitical events,” said ABI Executive Director Amy Quackenboss. “Bankruptcy provides a proven process to a financial fresh start for distressed businesses and families.”

    Epiq AACER is a division of Epiq and is the leading provider of data, technology, and services for companies operating in the business of bankruptcy. Its Bankruptcy Analytics subscription service provides on-demand access to the industry’s most dynamic bankruptcy data, updated daily. Learn more at https://bankruptcy.epiqglobal.com.

    About Epiq

    Epiq, a global technology-enabled services leader to the legal industry and corporations, takes on large-scale, increasingly complex tasks for corporate counsel, law firms, and business professionals with efficiency, clarity, and confidence. Clients rely on Epiq to streamline the administration of business operations, class action and mass tort, court reporting, eDiscovery, regulatory, compliance, restructuring, and bankruptcy matters. Epiq subject-matter experts and technologies create efficiency through expertise and deliver confidence to high-performing clients around the world. Learn more at https://www.epiqglobal.com.

    About ABI 

    ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes nearly 10,000 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information. For additional information on ABI, visit www.abi.org. For additional conference information, visit http://www.abi.org/calendar-of-events.

    Press Contacts 

    Carrie Trent 
    Epiq, Director of Communications 
    Carrie.Trent@epiqglobal.com

    Vicki LaBrosse
    Edge Marketing, Director of Global PR
    vlabrosse@edgemarketinginc.com

    John Hartgen 
    ABI, Public Affairs Officer
    jhartgen@abi.org

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/01db2547-f52c-490f-b923-58f9b0c6ab4a

    The MIL Network –

  • MIL-OSI: Paytronix Announces Nonita Verma as New GM, Changes to Executive Structure

    Source: GlobeNewswire (MIL-OSI)

    NEWTON, Mass., June 03, 2025 (GLOBE NEWSWIRE) — Paytronix, an Access Group company, and the leader in guest engagement for restaurants and convenience stores, has announced the appointment of technology industry veteran Nonita Verma as its new General Manager. A seasoned executive with over two decades of leadership experience, Verma brings a proven track record of scaling global platforms and driving hyper-growth. Verma’s appointment, along with changes to the executive team, will help accelerate Paytronix’s growth and provide its customers with a flexible, industry-leading guest engagement platform that meets their challenges.

    Verma previously served as a Chief Strategy Officer at Keenai Global, where she focused on their Go-to-Market strategy and operational alignment as the Wealthtech platform readied for market entry across their B2C and B2B platforms. She has an extensive financial services background dating back to 2000 at Goldman Sachs, as well as senior roles at Credit Suisse among other places.

    Verma’s connection to the hospitality industry was strengthened during her tenure at Tripadvisor, where she served as B2B General Manager and Global Head of Hotels.

    According to Access North America President Jonah Paransky, “Nonita brings a plethora of skillsets to the table that will be essential during a pivotal time in Paytronix’s history. Her leadership qualities and experience are a great complement to our executive team and are sure to enhance our guest engagement offerings in the industry.”

    “The hospitality industry is under pressure from uncertain market conditions and Paytronix is poised to help equip brands with the solutions they need to meet evolving customer expectations,” said Verma. “We’re accelerating investment in our platform while infusing it with advanced technologies like AI and new unique functionalities from Access to further enhance value we drive for our customers.”

    Additionally, other members of the Paytronix executive team have taken on new roles:

    • Former Chief Revenue Officer Charles Gray will become the VP of Product Management at Paytronix, leveraging his extensive product and technology background with NCR, California Pizza Kitchen, and Cosi to lead product development and direction.
    • Pamela Robertson, who was brought on as Chief Marketing Officer of Paytronix in late 2022, will take on a larger role in Access, becoming the VP of Marketing, Hospitality for the Americas. She will maintain her role at Paytronix, and work alongside Access’ hospitality brands in North America to unify their marketing initiatives with Paytronix and Access.
    • Digger McElligott will become VP of Sales at Paytronix.
    • Customer Success will see a new face in Philippe Mestritz, who will become Access Group’s VP of Customer Success, Hospitality for the Americas.

    For more information, reach out to Communications Manager Calen McGee.

    About Paytronix
    Paytronix, an Access Group company, is a cloud-based digital guest engagement platform for the hospitality industry. Our innovative, unified platform provides loyalty programs, online ordering, gift cards, branded mobile applications, and strategic insights to more than 1,800 leading restaurant and convenience store brands. Our valued clients leverage the power of Paytronix across 50,000 sites globally to create seamless, personalized, and brand-authentic experiences that foster lasting relationships with their customers. For more than 20 years, Paytronix has been a trusted partner helping brands maximize the lifetime value of their guests and grow more profitable businesses. For more information, visit www.paytronix.com.

    About The Access Group  

    The Access Group is one of the largest UK-headquartered business management software providers. It provides solutions that empower more than 128,000 small and mid-sized organisations in commercial and non-profit sectors across Europe, USA and APAC, giving every employee the freedom to do more of what’s important. Its innovative cloud solutions and integrated AI software experience across multiple Access products transform how business technology is used. Access employs approx. 8,000 people, continuously driving product innovation and customer service excellence. For more information, visit www.theaccessgroup.com or follow us @TheAccessGroup

    Media Contact:
    Calen McGee
    Paytronix Systems, Inc.
    Calen.McGee@theaccessgroup.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/32e6fab2-3ac0-4858-aa54-0c5c96ecde18

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