It’s the global campaign everyone is talking about. Fresh from its successes in 2022 and 2024, #ForOurPlanet is back for a third season starting on April 22 with a brand new focus on circular economy: beyond recycling.
Running through to European Green Week 3-4 June, the campaign calls on ‘all interested organisations’ — including UN agencies, embassies, ministries, non-profits and companies — to take action for our planet.
The organisers of the 2025 #ForOurPlanet campaign promise taking action has never been easier. From cooking with leftovers to composting coffee grounds, from pop-up libraries to local repair cafes, there are dozens of ways that families, communities and businesses can get involved.
For inspiration, look no further than LIFE Turn to e-circular, a 5-year €2.2 million project which closed last year. With its slogan ‘I’m still useful’ LIFE Turn to e-circular set itself a big challenge: to persuade consumers — especially families and young people — to cut down on the mountains of WEEE (waste electric and electronic equipment) dumped in the EU each year.
Among other initiatives, the project set up 60 ‘reuse corners’ across Slovenia where people could take small electrical items for repair by experts. The team also toured the country in a mobile repair van giving new life to worn-out appliances, and set up a Facebook group to exchange opinions and share tips and guidelines for servicing.
‘Computers, mobile phones, consumer electronics and small white goods were the most popular items for repair, but most of the items brought in were less than 5 years old.’ says Emil Šehić, Director of ZEOS, the Slovenian non-profit which ran the project. ‘A circular economy must go beyond simple reuse. We have to ask ourselves about why we buy things, about servicing and sharing. Products must be made to be useful for as long as possible.’
Also featuring in this year’s #ForOurPlanet campaign is C-MARTLife, a 7-year LIFE project to reduce, recycle and reuse plastic waste in the Flanders region of Belgium. Already the team have cut marine plastic litter by 75% and expect to see completely litter-free beaches by 2027. ‘Today’s waste products are tomorrow’s raw materials,’ says project coordinator Els Herremans. ‘We’re training circular ambassadors to spread the word — education and awareness among leaders and communities drives change!’
#ForOurPlanet launches today, on Earth Day, April 22. For updates on activities in your area or ideas about how to get involved, visit the campaign website or email EU-FOR-OUR-PLANETec [dot] europa [dot] eu(EU-FOR-OUR-PLANET[at]ec[dot]europa[dot]eu).
TERRE HAUTE, Ind., April 22, 2025 (GLOBE NEWSWIRE) — First Financial Corporation (NASDAQ:THFF) today announced results for the first quarter of 2025.
Net income was $18.4 million compared to $10.9 million reported for the same period of 2024;
Diluted net income per common share of $1.55 compared to $0.93 for the same period of 2024;
Return on average assets was 1.34% compared to 0.91% for the three months ended March 31, 2024;
Credit loss provision was $2.0 million compared to provision of $1.8 million for the first quarter 2024; and
Pre-tax, pre-provision net income was $25.7 million compared to $14.9 million for the same period in 2024.1
________________________ 1Non-GAAP financial measure that Management believes is useful for investors and management to understand pre-tax profitability before giving effect to credit loss expense and to provide additional perspective on the Corporation’s performance over time as well as comparison to the Corporation’s peers and evaluating the financial results of the Corporation –please refer to the Non GAAP reconciliations contained in this release.
Average Total Loans
Average total loans for the first quarter of 2025 were $3.84 billion versus $3.18 billion for the comparable period in 2024, an increase of $662 million or 20.80%. On a linked quarter basis, average loans increased $51 million or 1.35% from $3.79 billion as of December 31, 2024. Increases in average loans year-over-year were a combination of the acquisition of SimplyBank on July 1, 2024, and organic growth.
Total Loans Outstanding
Total loans outstanding as of March 31, 2025, were $3.85 billion compared to $3.19 billion as of March 31, 2024, an increase of $662 million or 20.74%. On a linked quarter basis, total loans increased $16.9 million or 0.44% from $3.84 billion as of December 31, 2024. The year-over-year increase was impacted by the $467 million in loans acquired in the SimplyBank acquisition in July 2024. Organic growth was primarily driven by increases in Commercial Construction and Development, Commercial Real Estate, and Consumer Auto loans.
Norman D. Lowery, President and Chief Executive Officer, commented “We have had six consecutive quarters of loan growth and have had another record quarter of net interest income. Our net interest margin has also continued to expand. We believe we are well positioned with our strong balance sheet, stable credit quality, and strong capital levels for continued growth.”
Average Total Deposits
Average total deposits for the quarter ended March 31, 2025, were $4.65 billion versus $4.05 billion as of March 31, 2024, an increase of $605 million, or 14.95%. Increases in average deposits year-over-year were mostly a result of the acquisition of SimplyBank.
Total Deposits
Total deposits were $4.64 billion as of March 31, 2025, compared to $4.11 billion as of March 31, 2024. $622 million in deposits were acquired in the SimplyBank acquisition in July 2024. Non-interest bearing deposits were $856 million, and time deposits were $726 million as of March 31, 2025, compared to $738 million and $581 million, respectively for the same period of 2024.
Shareholders’ Equity
Shareholders’ equity at March 31, 2025, was $571.9 million compared to $520.8 million on March 31, 2024. During the last twelve months, the Corporation has not repurchased any shares of its common stock. 518,860 shares remain available for repurchase under the current repurchase authorization. The Corporation paid a $0.51 per share quarterly dividend in January and declared a $0.51 quarterly dividend, which was paid on April 15, 2025.
Book Value Per Share
Book Value per share was $48.26 as of March 31, 2025, compared to $44.08 as of March 31, 2024, an increase of $4.18 per share, or 9.49%. Tangible Book Value per share was $38.13 as of March 31, 2025, compared to $36.26 as of March 31, 2024, an increase of $1.87 per share or 5.16%.
Tangible Common Equity to Tangible Asset Ratio
The Corporation’s tangible common equity to tangible asset ratio was 8.32% at March 31, 2025, compared to 9.00% at March 31, 2024.
Net Interest Income
Net interest income for the first quarter of 2025 was a record $52.0 million, compared to $38.9 million reported for the same period of 2024, an increase of $13.1 million, or 33.5%. Interest income increased $13.6 million and interest expense increased $574 thousand year over year.
Net Interest Margin
The net interest margin for the quarter ended March 31, 2025, was 4.11% compared to the 3.53% reported at March 31, 2024.
Nonperforming Loans
Nonperforming loans as of March 31, 2025, were $10.2 million versus $24.3 million as of March 31, 2024. The ratio of nonperforming loans to total loans and leases was 0.26% as of March 31, 2025, versus 0.76% as of March 31, 2024. On a linked quarter basis, nonperforming loans were $13.3 million, and the ratio of nonperforming loans to total loans and leases was 0.35% as of December 31, 2024.
Credit Loss Provision
The provision for credit losses for the three months ended March 31, 2025, was $2.0 million, compared to $1.8 million for the same period 2024.
Net Charge-Offs
In the first quarter of 2025 net charge-offs were $1.8 million compared to $1.5 million in the same period of 2024.
Allowance for Credit Losses
The Corporation’s allowance for credit losses as of March 31, 2025, was $46.8 million compared to $40.0 million as of March 31, 2024. The allowance for credit losses as a percent of total loans was 1.22% as of March 31, 2025, compared to 1.25% as of March 31, 2024. On a linked quarter basis, the allowance for credit losses as a percent of total loans was unchanged from December 31, 2024.
Non-Interest Income
Non-interest income for the three months ended March 31, 2025 and 2024 was $10.5 million and $9.4 million, respectively.
Non-Interest Expense
Non-interest expense for the three months ended March 31, 2025, was $36.8 million compared to $33.4 million in 2023.
Efficiency Ratio
The Corporation’s efficiency ratio was 57.54% for the quarter ending March 31, 2025, versus 67.21% for the same period in 2024.
Income Taxes
Income tax expense for the three months ended March 31, 2025, was $5.4 million versus $2.2 million for the same period in 2024. The effective tax rate for 2025 was 22.59% compared to 16.79% for 2024.
About First Financial Corporation
First Financial Corporation (NASDAQ:THFF) is the holding company for First Financial Bank N.A., which is the fifth oldest national bank in the United States, operating 83 banking centers in Illinois, Indiana, Kentucky, Tennessee, and Georgia. Additional information is available at www.first-online.bank.
________________________ (a) Tangible common equity is a non-GAAP financial measure derived from GAAP-based amounts. We calculate tangible common equity by excluding goodwill and other intangible assets from shareholder’s equity. (b) Net interest income fully tax equivalent is a non-GAAP financial measure derived from GAAP-based amounts. We calculate net interest income fully tax equivalent by adding back the tax equivalent factor of tax exempt income to net interest income. We calculate the tax equivalent factor of tax exempt income by dividing tax exempt income by the net of tax rate of 75%. (c) Tangible book value per common share is a non-GAAP financial measure derived from GAAP-based amounts. We calculate the factor by dividing average tangible common equity by average shares outstanding. We calculate average tangible common equity by excluding average intangible assets from average shareholder’s equity.
Key Ratios
Three Months Ended
March 31,
December 31,
March 31,
2025
2024
2024
Return on average assets
1.34
%
1.18
%
0.91
%
Return on average common shareholder’s equity
13.04
%
11.68
%
8.36
%
Efficiency ratio
57.54
%
62.98
%
67.21
%
Average equity to average assets
10.25
%
10.09
%
10.88
%
Net interest margin (a)
4.11
%
3.94
%
3.53
%
Net charge-offs to average loans and leases
0.19
%
0.15
%
0.19
%
Credit loss reserve to loans and leases
1.22
%
1.22
%
1.25
%
Credit loss reserve to nonperforming loans
460.57
%
351.37
%
165.12
%
Nonperforming loans to loans and leases
0.26
%
0.35
%
0.76
%
Tier 1 leverage
10.63
%
10.38
%
12.02
%
Risk-based capital – Tier 1
12.70
%
12.43
%
14.69
%
________________________ (a) Net interest margin is calculated on a tax equivalent basis.
Asset Quality
Three Months Ended
March 31,
December 31,
March 31,
2025
2024
2024
Accruing loans and leases past due 30-89 days
$
17,007
$
22,486
$
17,937
Accruing loans and leases past due 90 days or more
$
1,109
$
1,821
$
1,395
Nonaccrual loans and leases
$
9,060
$
11,479
$
22,857
Other real estate owned
$
560
$
523
$
167
Nonperforming loans and other real estate owned
$
10,729
$
13,823
$
24,419
Total nonperforming assets
$
13,631
$
16,719
$
27,307
Gross charge-offs
$
3,241
$
3,070
$
3,192
Recoveries
$
1,394
$
1,633
$
1,670
Net charge-offs/(recoveries)
$
1,847
$
1,437
$
1,522
Non-GAAP Reconciliations
Three Months Ended March 31,
2025
2024
($in thousands, except EPS)
Income before Income Taxes
$
23,777
$
13,129
Provision for credit losses
1,950
1,800
Provision for unfunded commitments
—
—
Pre-tax, Pre-provision Income
$
25,727
$
14,929
CONSOLIDATED BALANCE SHEETS (Dollar amounts in thousands, except per share data)
March 31,
December 31,
2025
2024
(unaudited)
ASSETS
Cash and due from banks
$
86,211
$
93,526
Federal funds sold
427
820
Securities available-for-sale
1,182,495
1,195,990
Loans:
Commercial
2,208,426
2,196,351
Residential
966,521
967,386
Consumer
673,751
668,058
3,848,698
3,831,795
(Less) plus:
Net deferred loan costs
5,322
5,346
Allowance for credit losses
(46,835
)
(46,732
)
3,807,185
3,790,409
Restricted stock
17,528
17,555
Accrued interest receivable
25,556
26,934
Premises and equipment, net
80,317
81,508
Bank-owned life insurance
129,410
128,766
Goodwill
100,026
100,026
Other intangible assets
20,045
21,545
Other real estate owned
560
523
Other assets
99,334
102,746
TOTAL ASSETS
$
5,549,094
$
5,560,348
LIABILITIES AND SHAREHOLDERS’ EQUITY
Deposits:
Non-interest-bearing
$
856,063
$
859,014
Interest-bearing:
Certificates of deposit exceeding the FDIC insurance limits
145,609
144,982
Other interest-bearing deposits
3,638,331
3,714,918
4,640,003
4,718,914
Short-term borrowings
137,609
187,057
FHLB advances
124,898
28,120
Other liabilities
74,639
77,216
TOTAL LIABILITIES
4,977,149
5,011,307
Shareholders’ equity
Common stock, $.125 stated value per share;
Authorized shares-40,000,000
Issued shares-16,190,157 in 2025 and 16,165,023 in 2024
Outstanding shares-11,850,645 in 2025 and 11,842,539 in 2024
2,019
2,018
Additional paid-in capital
146,159
145,927
Retained earnings
699,729
687,366
Accumulated other comprehensive income/(loss)
(121,182
)
(132,285
)
Less: Treasury shares at cost-4,339,512 in 2025 and 4,322,484 in 2024
(154,780
)
(153,985
)
TOTAL SHAREHOLDERS’ EQUITY
571,945
549,041
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY
$
5,549,094
$
5,560,348
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Dollar amounts in thousands, except per share data)
Three Months Ended
March 31,
2025
2024
INTEREST INCOME:
Loans, including related fees
$
63,612
$
50,052
Securities:
Taxable
6,002
5,931
Tax-exempt
2,604
2,603
Other
814
817
TOTAL INTEREST INCOME
73,032
59,403
INTEREST EXPENSE:
Deposits
18,199
17,731
Short-term borrowings
1,693
976
Other borrowings
1,165
1,776
TOTAL INTEREST EXPENSE
21,057
20,483
NET INTEREST INCOME
51,975
38,920
Provision for credit losses
1,950
1,800
NET INTEREST INCOME AFTER PROVISION
FOR LOAN LOSSES
50,025
37,120
NON-INTEREST INCOME:
Trust and financial services
1,393
1,333
Service charges and fees on deposit accounts
7,585
6,708
Other service charges and fees
316
223
Interchange income
214
179
Loan servicing fees
165
269
Gain on sales of mortgage loans
225
176
Other
613
543
TOTAL NON-INTEREST INCOME
10,511
9,431
NON-INTEREST EXPENSE:
Salaries and employee benefits
19,248
17,330
Occupancy expense
2,676
2,359
Equipment expense
4,505
4,144
FDIC Expense
750
662
Other
9,580
8,927
TOTAL NON-INTEREST EXPENSE
36,759
33,422
INCOME BEFORE INCOME TAXES
23,777
13,129
Provision for income taxes
5,371
2,205
NET INCOME
18,406
10,924
OTHER COMPREHENSIVE INCOME (LOSS)
Change in unrealized gains/(losses) on securities, net of reclassifications and taxes
11,100
(11,096
)
Change in funded status of post retirement benefits, net of taxes
3
73
COMPREHENSIVE INCOME (LOSS)
$
29,509
$
(99
)
PER SHARE DATA
Basic and Diluted Earnings per Share
$
1.55
$
0.93
Weighted average number of shares outstanding (in thousands)
HAMILTON, Ontario, April 22, 2025 (GLOBE NEWSWIRE) — Innovative climate solutions require bold ideas, and young leaders are stepping up to the challenge. Wawanesa Insurance and Canadian Colleges for a Resilient Recovery (C2R2) are thrilled to announce the latest recipients of the Wawanesa Climate Champions: Youth Innovation Grants. The $150,000 in available funding will support youth-led projects focused on tackling climate change and building more resilient communities across Canada.
Through a competitive selection process, five outstanding projects have been chosen to each receive a $30,000 grant to develop and implement their climate-focused initiative with support from C2R2 partner institutions. These projects represent the creativity and commitment of young Canadians striving for meaningful environmental impact.
“The level of innovation and dedication from young leaders across Canada is truly inspiring,” said Has Malik, Saskatchewan Polytechnic Provost & Vice President Academic and C2R2 Co-Chair. “By investing in these projects, we are not only supporting youth-led ideas, but also empowering the next generation to take an active role in shaping a more sustainable future.”
Recognizing the critical role youth play in driving climate adaptation and mitigation solutions, Wawanesa first awarded the grant last year in partnership with C2R2. The initiative is part of the Wawanesa Climate Champions program, which reinforces the insurer’s annual $2 million commitment to building stronger, more resilient communities.
“Canada’s youth are instrumental in building more climate-resilient communities,” said Jackie De Pape Hornick, Director, Communications & Community Impact at Wawanesa. “These grants are designed to empower young climate champions to transform their innovative ideas into action. We’re proud to once again partner with C2R2 to support another group of changemakers as they create a meaningful, lasting impact in our communities.”
The Wawanesa Climate Champions: Youth Innovation Grants received over 10 outstanding submissions from youth across seven of C2R2’s institution partners. Of the projects, the following have been selected to receive funding:
Anamika Gupta at Saskatchewan Polytechnic for her project; Prairie EcoWatt: Energy Champions of Saskatchewan.
Clarissa Getigan at New Brunswick Community College for her project; Sustainable Greenhouse Farming: Securing Food with Resource Efficiency.
Dexter Guino at the Southern Alberta Institute of Technology for his project; Enhancing the Durability Performance of Low-Carbon Concrete using Carbon-Sequestered SCM.
Jeshuah Gilroy at Holland College for his project; Novel bioremediation approach to neutralize nitrous oxide precursors from water.
Maninder Kailay and Nga Phan at the British Columbia Institute of Technology for their project; Supercritical CO₂ Techniques for Lithium-Ion Battery Metal Recovery.
These projects will be implemented over the next year, with recipients working alongside industry experts, academic mentors, and community partners to maximize their impact.
About Canadian Colleges for a Resilient Recovery (C2R2)
Canadian Colleges for a Resilient Recovery (C2R2) is a coalition of 15 highly aligned colleges, cégeps, institutes, and polytechnics across Canada with an established commitment to sustainability. The coalition members have come together as a driving force, providing the skills required to transition to a clean economy in Canada. C2R2’s administration and secretariat are located at Mohawk College in Hamilton.
The Wawanesa Mutual Insurance Company, founded in 1896, is one of Canada’s largest mutual insurers, with over $3.5 billion in annual revenue and assets of $10 billion. Wawanesa Mutual, with its National Headquarters in Winnipeg, is the parent company of Wawanesa Life, which provides life insurance products and services throughout Canada, and Western Financial Group, which distributes personal and business insurance across Canada. Wawanesa proudly serves more than 1.7 million members in Canada. The company actively gives back to organizations that strengthen communities, donating more than $3.5 million annually to charitable organizations, including over $2 million annually in support of people on the front lines of climate change. Learn more at wawanesa.com.
The world is facing a “silver tsunami” – an unprecedented ageing of the global workforce. By 2030, more than half of the labour force in many EU countries will be aged 50 or above. Similar trends are emerging across Australia, the US and other developed and developing economies.
Far from being a burden or representing a crisis, the ageing workforce is a valuable resource – offering a so-called “silver dividend”. Older workers often offer experience, stability and institutional memory. Yet, in the rush to embrace artificial intelligence (AI), older workers can be left behind.
One common misconception is that older people are reluctant to adopt technology or cannot catch up. But this is far from the truth. It oversimplifies the complexity of their abilities, participation and interests in the digital environments.
There are much deeper issues and structural barriers at play. These include access and opportunity – including a lack of targeted training. Right now, AI training tends to be targeted at early or mid-career workers.
There are also confidence gaps among older people stemming from workplace cultures that can feel exclusionary. Data shows that older professionals are more hesitant to use AI – possibly due to fast-paced work environments that reward speed over judgment or experience.
There can also be issues with the design of tech systems. They are built primarily by and for younger users. Voice assistants often fail to recognise older voices, and fintech apps assume users are comfortable linking multiple accounts or navigating complex menus. This can alienate workers with legitimate security concerns or cognitive challenges.
And all these issues are exacerbated by socio-demographic factors. Older people living alone or in rural areas, with lower education levels or who are employed in manual labour, are significantly less likely to use AI.
Workers employed in manual professions can face bigger barriers when it comes to gaining AI skills. Andrey_Popov/Shutterstock
Ageism has long shaped hiring, promotion and career development. Although age has become a protected characteristic in UK law, ageist norms and practices persist in many not-so-subtle forms.
Ageism can affect both young and old, but when it comes to technology, the impact is overwhelmingly skewed against older people.
So-called algorithmic ageism in AI systems – exclusion based on automation rather than human decision-making – often exacerbates ageist biases.
Hiring algorithms often end up favouring younger employees. And digital interfaces that assume tech fluency are another example of exclusionary designs. Graduation dates, employment gaps, and even the language used in CVs can become proxies for age and filter out experienced candidates without any human review.
Tech industry workers are overwhelmingly young. Homogenous thinking breeds blind spots, so products work brilliantly for younger people. But they can end up alienating other age groups.
This creates an artificial “grey digital divide”, shaped less by ability and more by gaps in support, training and inclusion. If older workers are not integrated into the AI revolution, there is a risk of creating a divided workforce. One part will be confident with tech, data-driven and AI-enabled, while the other will remain isolated, underutilised and potentially displaced.
An ‘age-neutral’ approach
It’s vital to move beyond the idea of being “age-inclusive”, which frames older people as “others” who need special adjustments. Instead, the goal should be age-neutral designs.
AI designers should recognise that while age is relevant in specific contexts – such as restricted content like pornography – it should not be used as a proxy in training data, where it can lead to bias in the algorithm. In this way, design would be age-neutral rather than ageless.
Designers should also ensure that platforms are accessible for users of all ages.
The stakes are high. It is also not just about economics, but fairness, sustainability and wellbeing.
At the policy level in the UK, there is still a huge void. Last year, House of Commons research highlighted that workforce strategies rarely distinguish the specific digital and technological training needs of older workers. This underscores how ageing people are treated as an afterthought.
A few forward-thinking companies have backed mid- and late-career training programmes. In Singapore, the government’s Skillsfuture programme has adopted a more agile, age-flexible approach. However, these are still isolated examples.
Retraining cannot be generic. Beyond basic digital literacy courses, older people need targeted, job-specific advanced training. The psychological framing of retraining is also critical. Older people need to retrain or reskill not for just career or personal growth but also to be able to participate more fully in the workforce.
It’s also key for reducing pressure on social welfare systems and mitigating skill shortages. What’s more, involving older workers in this way supports the transfer of knowledge between generations, which should benefit everyone in the economy.
Yet, currently, the onus is on the older workers and not organisations and governments.
AI, particularly the generative models that can create text, images and other media, is known for producing outputs that appear plausible but are sometimes incorrect or misleading. The people best placed to identify these errors are those with deep domain knowledge – something that is built over decades of experience.
This is not a counterargument to digital transformation or adoption of AI. Rather, it highlights that integrating older people into digital designs, training and access should be a strategic imperative. AI cannot replace human judgment yet – it should be designed to augment it.
If companies, policies and societies exclude older workers from AI transformation processes, they are essentially removing the critical layer of human oversight that keeps AI outputs reliable, ethical and safe to use. An age-neutral approach will be key to addressing this.
Piecemeal efforts and slow responses could cause the irreversible loss of a generation of experience, talent and expertise. What workers and businesses need now are systems, policies and tools that are, from the outset, usable and accessible for people of all ages.
Sajia Ferdous does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
Overlooking Peel Bay on the Isle of Man. Clint Hudson
The production and use of toxic synthetic chemicals called polychlorinated biphenyls (PCBs) were banned internationally more than 40 years ago. There is a great deal of evidence that they are carcinogens and hormone disrupters in mammals and can cause birth defects.
PCBs can build up in the tissues in increasing amounts over time (bioaccumulate) in long-lived animals and people exposed to them. They also biomagnify in the environment meaning they build up in food chains – smaller animals take them into their tissues, those are then eaten by larger animals (such as fish), which themselves are eaten by humans and marine mammals such as dolphins and seals living in Britain’s waters.
Despite these risks, the Isle of Man government – by its own admission – has been dumping toxic silt containing PCBs into the waters of Peel Bay and unlined landfills over the past decade. This is despite the fact these waters have been declared a Unesco biosphere.
Here, Patrick Byrne, Professor of Water Science at Liverpool John Moores University, questions freshwater scientist Calum MacNeil about why he thinks it is so important that the world, and particularly Unesco, takes notice about what’s being dumped into the sea around the Isle of Man.
When did you live on the Isle of Man and what was your exact role?
I lived on the Isle of Man for nearly 15 years (2004 – 2019) and left at the end of 2019.
From 2004 – 2007, I was the Isle of Man government’s freshwater biologist. From 2007 – 2017, I was the freshwater biologist and enforcement officer, responsible for regulation and enforcement of environmental matters related to controlled waters (all inland waters and coastal waters).
Where is the Isle of Man and what is the Unesco status it has earned?
The Isle of Man is a small island in the middle of the Irish Sea, located almost an equal distance from England, Northern Ireland and Scotland. It is British but not part of the UK: it is a self-governing dependency of the British Crown with its own government and laws. It is not part of the EU but is signed up to various international agreements on the environment.
Unesco is the United Nations Educational, Scientific and Cultural Organisation. It began the biosphere programme in 1991, concentrating on the care of land, sea and species, as well as culture, heritage, community and economy.
According to the island government’s own fact sheet, biospheres have three functions: promoting sustainable development, conservation and learning. The sea makes up 87% of the Isle of Man Unesco biosphere.
Despite earning this status, evidence in the public domain shows that pollutants have been dumped into the sea. What’s been going on?
The Isle of Man government has been accused of deliberately dumping 4,000 tonnes of toxic silt from harbour dredging, which included synthetic industrial chemicals known as PCBs and heavy metals, in the Irish sea in 2014.
Despite extensive evidence in the public domain, this dumping was not mentioned once in the biosphere nomination documents, dated 2015. The nation’s biosphere website says the nomination process was “several years” in the making and the Unesco biosphere designation occurred in 2016 – only a relatively short time after the deliberate dumping in the Irish Sea.
The government has also allegedly discharged toxic PCB-contaminated effluent – known as called leachate – from an old landfill, called the Raggatt, directly into Peel Bay, an area which has one of the most popular public beaches on the island. Peel is one of three beaches (technically designated as non-bathing areas) on the island that recently failed to meet minimum standards for bathing waters.
I wasn’t aware of the details of the sea dumping of toxic silt until June 2022 when the employment tribunal findings related to the Department of Environment, Food and Agriculture’s (Defa) ex-marine monitoring officer Kevin Kenningtonbecame public. This tribunal heard evidence that this was going on before, during and after the Unesco biosphere designation.
The Isle of Man is a signatory to the Oslo-Paris convention for the protection of the marine environment for the north-east Atlantic (Ospar). The convention specifies a maximum level of marine contaminants.
A decade on from its initial application, the Isle of Man is currently bidding to renew its Unesco Biosphere status in 2026.
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There does appear to be a lack of monitoring, at least in the public domain. Given the serious nature of the contaminants, I would expect the environmental regulator to monitor any PCBs detected in the environment and fully inform the public of any exposure risk.
The disposal of thousands of tonnes of contaminated silt into biodiverse waters could have had a serious negative impact on that bid. So, how did you discover that all was not as it seemed with the marine biosphere status?
Shortly after resigning from my post in 2017, I read an article in the local media about how the attorney general of the Isle of Man (the government’s senior legal advisor) believed it might be in the public interest to hold a full investigation into the discharging of potentially toxic material retrieved from an old landfill site that was being transported by tankers and taken to the sea. There were a number of statements made in that article that I found very concerning, such as the two below:
The then Environment Minister Richard Ronan told the House of Keys [the parliament of the Isle of Man] in July last year that levels of a range of metals, ammonia, polycyclic aromatic hydrocarbons (PAHs) and 225 polychlorinated biphenyls (PCBs) identified in the leachate exceed environmental quality standards, making it unsuitable for direct discharge into the River Neb.
The government said the leachate is subject to a large degree of dilution [as] it enters the sea. Samples are analysed regularly and the leachate “does not pose a risk to people swimming in Peel bay”.
To be clear, I knew at the time of reading this article in 2017 that there was no UK or EU environmental quality standard to legally allow a deliberate discharge of PCBs into either freshwaters (rivers and lakes) or to the sea. I knew this because PCBs are massively hydrophobic (water-hating) – meaning you shouldn’t have them suspended in effluent anyway because all they want to do is settle out at the bottom of whatever they are suspended in as soon as possible.
So, if you can detect them suspended in actual effluent you should be very worried about how much is built up or buried in the sediment accompanying that effluent. I knew the deliberate discharge of this was internationally banned and that it shouldn’t be going on into rivers or the sea.
I was even more alarmed when the article quoted a government spokesperson saying the leachate “does not pose a risk to people swimming in Peel Bay”. The government needs to prove that statement legally and scientifically because in the US and Europe there is a “risk averse” approach to PCB release.
This story and the government’s response was very concerning to me as an internationally banned carcinogen was being discharged deliberately to Peel bay, a popular public beach area, while the public were being told it was fine, legal and safe. I didn’t see how this could possibly be legal as regards international agreements.
A few months later, I was concerned about further silt dredging at Peel bay and was curious how Defa as a regulator would deal with avoiding the risk of resuspending previously buried PCBs.
Ospar gives guidance on this, as this is important as PCBs remain toxic for decades and dredging could obviously further increase the risk to the public and environment – resuspending any PCBs that had been previously buried under layers of sediment for decades would result in releasing another source of PCBs into the bay.
Was anyone concerned about possible pollution at the time of the Unesco application?
The Isle of Man government says it spent a great deal of time on the nomination process and the publicly available nomination documents are long and detailed and Defa was heavily involved in the application process and the details provided so they would have to answer that.
I don’t know if any other scientists were raising a red flag at the time, but I do refer you to Kevin Kennington’s tribunal findings which involved dumping toxic silt at sea and Defa officers were aware of this dumping in 2014. None of this was mentioned in the nomination document as far as I have been able to ascertain.
The tribunal found the toxic silt exceeded Ospar guidelines.
When The Conversation put that to Isle of Man government, it did not accept it was in contravention of the rules. But a spokesperson for the UK regulator, Defra told us: “Defra’s internal analysis concluded that the incident constituted actions that were not in accordance with the Ospar convention (Articles 4, and Annex II Art 4) and the 1996 London protocol on the prevention of marine pollution by dumping of wastes and other matter.”
What laws are involved here?
The 252-page-long nomination forms refer to the Water Pollution Act 1993. This is an act that makes “new provision for the protection of inland and coastal waters from pollution, to control deposits in the sea and for connected purposes”.
Some EU legislation is also applied to the Isle of Man, such as Ospar (the convention for protection of the marine environment of the north-east Atlantic) and the Basel convention which governs how nations, including the Isle of Man, should treat and dispose of hazardous waste, including PCBs, in an environmentally sound way.
What are the most worrying impacts of the pollution here?
In my view, the deliberate tanker discharge of PCBs to Peel bay is extremely worrying from both an environmental and public health risk perspective, as is the dredging up of PCB contaminated silt in Peel harbour.
I’m alarmed by the fact that the Isle of Man government decided that it was not in the public interest to pursue the case for the discharge into the sea, given that international agreements were broken.
What needs to change in terms of governance and law enforcement?
I feel there needs to be international scientific and legal scrutiny of all of this. I believe both Unesco and the UK government’s Department for Environment, Food and Rural Affairs (Defra) have a responsibility here as well given the international agreements involved and the biosphere designation. Given the biosphere status surely the Isle of Man government should be acting not just to the letter of the law but the spirit of the law.
What should a biosphere reserve really look like and what needs to change?
Ideally, the government in the world’s only all-nation Unesco biosphere would fully abide by its own principlesand pledges and adhere to international agreements.
For instance, the Isle of Man government set its own environmental quality standards (EQS) for PCBs – now, those won’t be breached by the levels of existing discharges. EQS values for soil, sediment, freshwater and marine environments are derived from years of research showing the maximum concentrations (or quality standards) that cannot be exceeded in order to protect human and environmental health.
As far as I’m aware, there is still no EQS for PCBs in effluent agreed to by the EU. There are PCB guidelines for sediment and biota (animals and plants) at the end of pipelines but these are more concerned with monitoring legacy historic sources of PCBs. I don’t know legally how the Isle of Man was able to do this despite international laws.
The Isle of Man government should be taking a far more precautionary approach to PCBs and potential public exposure, environmental damage and public health risk. They should be doing this anyway, but in the world’s only entire nation Unesco biosphere, I think the moral and legal onus is on them to prove what they are doing is safe. If they are saying it is safe, they obviously need to prove it. I think the onus is also on Unesco to check what is going on in their only all-nation biosphere, especially in the “care” areas of that biosphere.
Calum MacNeil raises some important questions about the very nature of Unesco biosphere status and about the safety of the waters in and around the Isle of Man. The public has a right to clear answers and information. Here are some of the key issues from my perspective as a water scientist.
Long-term health effects
The point about PCB sorption to sediments is a good one. An important study from 2019 estimated that 75% of all PCBs manufactured since 1930 now reside in marine sediment. Marine sediment is literally the waste bin for PCBs. Dilution in rivers is commonly used as a convenient way of masking the mass transport of chemicals through rivers and ultimately to the oceans. So, yes, dilution decreases concentrations locally, but it does not reduce the volume of chemicals transported to or disposed of at sea.
The PCB discharge to Peel bay has been going on since the 1990s which is worrying given possible long-term public health risks and environmental impacts.
Some of the metabolites may leave your body in a few days, but others may remain in your body fat for months. Unchanged PCBs may also remain in your body and be stored for years mainly in the fat and liver, but smaller amounts can be found in other organs as well. Once in our bodies, they can have toxic long-term health effects. Some are associated with fertility issues and they are classed as probable human carcinogens.
Persistence in the environment
Since the 1970’s, the gradual phasing out and banning of PCBs has led to dramatic reductions in their release into the environment. However, despite this, PCBs remain one of the biggest chemical threats to humans and wildlife worldwide. Why is this? Well, we know PCBs are very persistent in the environment, which means they last for decades to hundreds of years. Because of this persistence, they accumulate in living things and we know that at certain concentrations they can be very harmful to us.
It is also because of the widely held belief that “dilution is the solution to pollution”. Sure, dilution of effluent in a river reduces concentrations locally and might allow a government or an industry to meet an environmental quality guideline.
But where have the pollutants gone? They have not disappeared – remember PCBs may persist for hundreds of years. They have gone out to sea where they accumulate in sediments and living things. And we see the evidence and impacts of this all around us. For example, PCBs and other harmful chemicals are routinely detected in apex predators like orcas and whales and polar bears and we know this is negatively impacting their physiology and reproductive health.
PCBs have been detected in the Arctic and Antarctica and even in the Mariana trench in the deep ocean. This is the cumulative result of decades of PCB discharge into the seas from all around the world. We cannot do anything about PCBs that are already in the sea, but with everything we now know about how harmful and long-lasting these chemicals are, we really cannot knowingly continue discharging them into the sea.
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Patrick Byrne receives funding from the UK Natural Environment Research Council.
Allenton is the latest community within Derby to become home to a mobility hub, joining Six Streets, Chaddesden and Normanton/Arboretum.
Building on the success of similar schemes elsewhere in the city, the new mobility hub will be installed at the Osmaston Road shopping precinct, giving citizens and local businesses greater choice when deciding how they travel around their local community.
Mobility hubs provide more opportunities for the local community to use sustainable and active travel methods – such as walking and cycling – making it easier for citizens to access local amenities. Not only do the hubs make it easier for residents to access local amenities, but it is hoped that they will draw more people into the area and enhance the local economy.
The hubs will also help the Council to learn more about the community’s travel needs and preferences, helping to shape future schemes.
Work on site to install the Osmaston Road mobility hub will begin later this spring, and will include:
Electric vehicle (EV) charging and dedicated parking for up to three EVs
An Enterprise Car Club location
An accessible seating area with bike storage, designed in consultation with local businesses, ward councillors and the Police
Interactive information totem with live travel updates
Councillor Carmel Swan, Climate Change, Transport and Sustainability said:
We’ve been working hard over the past few years to enhance and diversify Derby’s active and sustainable transport offer, giving citizens greater choice when it comes to deciding how to travel around the city.
This latest mobility hub will be a welcome addition to our ever-growing network, playing a key role in our combined efforts to combat climate change through reduced pollution and congestion in Derby.
Work on site to create the hub will begin later this spring and is expected to be completed in summer 2025.
The mobility hub will be funded by the Department for Transport (DFT)’s Future Transport Zones Fund, which was awarded to Derby City Council to trial new and exciting developments in transport.
Residents who would like to know more about the mobility hubs can get in touch with the Future Transport Zones team by emailing traffic.management@derby.gov.uk.
Source: People’s Republic of China – State Council News
From April 18 to July 17, Suzhou Port’s container terminals will offer a three-month free storage service for heavy containers imported and exported by foreign trade enterprises, according to the Suzhou Port Management Committee.
During the first quarter of this year, Suzhou Port managed a container throughput of 2.514 million TEUs, marking a 4.5 percent year-on-year growth.
The export of automobiles from Suzhou Port’s Taicang Port area saw a significant increase, reaching 147,600 vehicles, up by 18.35 percent compared to the same period last year.
According to the committee, it aims to establish a business environment emphasizing cost-effectiveness, top-notch services and ample market opportunities, all contributing to the port’s sustained high-quality development.
The Suzhou government recently formed an interdisciplinary task force to address challenges faced by foreign trade enterprises.
The city intends to introduce financial policies to boost funding for businesses and reduce operational costs by lowering loan interest rates and water, electricity and gas prices.
Suzhou is an economic hub city in the Yangtze River Delta.
SAN FRANCISCO, April 22, 2025 (GLOBE NEWSWIRE) — Gradle, Inc., the company behind Gradle Build Tool—one of the most used build systems in the world—and Develocity®, the leading developer toolchain observability platform, today announced it has joined the Scala Center Advisory Board. As a member, Gradle will be an active participant in discussions about improving the Scala ecosystem including how to best equip Scala developers with the right tools to enhance their experience and productivity.
Scala is among the top 20 programming languages in the world and is used among hundreds of leading technology companies for major back-end systems across industries such as data science, machine learning, financial services and more. The language has a sophisticated type system and advanced features along with greater compile-time safety guarantees which can contribute to longer build times. The most popular build system used to build Scala applications—called sbt—would also benefit from more advanced observability and actionable build insights for developers. Regardless of these challenges, the Scala ecosystem has continued to grow steadily together with the increasing need for enterprise productivity solutions for development teams. Gradle’s decision to join the Scala Center Advisory Board is a testament to its commitment to change this and address critical pain points within the Scala community.
“Multi-build system support is core to our mission and vision. We imagine a world where tools and strategies that improve the developer experience are available for all software development ecosystems, no matter the build system or framework,” said Hans Dockter, Gradle, Inc. co-founder and CEO. “Scala developers deserve to experience the same level of productivity support as the rest of the JVM ecosystem. By joining the Scala Center Advisory Board, we will be able to help assess critical pain points and bring more tools and solutions to this community.”
Gradle’s support for the Scala community began in 2023 when the company acquired Triplequote, a Swiss-based software development technology provider, which allowed the company to gain expertise in Scala productivity tooling. Since then, Gradle announced Develocity support for the sbt build system, bringing the benefits of its developer productivity platform to the Scala and sbt user communities.
“We’re thrilled to have the opportunity to collaborate with Gradle on improving the Scala developer experience,” said Professor Martin Odersky, creator of the Scala programming language and member of Gradle’s Technical Advisory Board. “We value their shared commitment to bringing advanced productivity tooling like Develocity to the Scala community to enhance the daily lives of developers and drive innovation.”
As the leading technology-enablement platform for the practice of Developer Productivity Engineering (DPE), Develocity improves developer productivity by removing critical software development process bottlenecks like slow builds, inefficient troubleshooting, flaky tests, and a general lack of build and test process observability. Scala and sbt users can leverage Develocity’s core features to speed up feedback cycles and measure key performance metrics. For example, Build Scan® provides Scala developers with observability into each build and test cycle above console logs and Jenkins CI reports for the first time. Additionally, Build Cache for sbt has proven to accelerate Scala builds by up to 70%.
In addition to sbt, Develocity supports Apache Maven, Android, Bazel, npm, Python, and Gradle Build Tool. For more information on Develocity for sbt, visit the Gradle website.
About Gradle Gradle, Inc. is the award-winning developer productivity company behind Gradle Build Tool—one of the most used build systems in the world—and Develocity®, the leading developer toolchain observability platform. Develocity provides comprehensive observability, build and test acceleration technologies, and rapid troubleshooting features for Apache Maven, Android, Bazel, sbt, npm, Python, and Gradle Build Tool. Top companies like Netflix, LinkedIn, ASML, Airbnb, Microsoft, Nasdaq, and SAP use Develocity to deliver critical software faster at scale.
Strategic Integration: Air Charter Advisors expands Flyte’s global reach while advancing revenues within its AI-enabled aviation platform
Deal Terms: Valued between $3–6 million; expected to close within 60 days
NEW YORK, April 22, 2025 (GLOBE NEWSWIRE) — Creatd, Inc. (OTC: CRTD), a diversified holding company scaling growth through strategic acquisitions, has signed a Letter of Intent (“LOI”) to acquire Air Charter Advisors, Inc., a boutique private aviation firm based in Blue Bell, Pennsylvania. The transaction follows Creatd’s recent $8.3 million acquisition of Flyte (formerly Flewber Global, Inc.) and further solidifies its position as a leading consolidator of aviation assets. The deal will be executed through Flyte, Inc., a wholly owned subsidiary of Creatd, and is expected to close following the completion of due diligence and definitive agreements.
Establishing the AI Infrastructure for the Future of Private Aviation
Flyte offers regional, domestic and international private air travel through its Flyte Luxe and Hops products. Through this acquisition, Flyte will expand its customer base and diversify its service offerings, while maintaining Air Charter Advisors as an independent operating entity within Creatd’s broader aviation network.
Air Charter Advisors brings a complementary portfolio of services—including global jet charter, non-emergency air ambulance flights, and cargo charter services—along with longstanding relationships across corporate, government, and high-net-worth clientele. As part of the Flyte platform, Air Charter Advisors will gain access to Flyte’s shared services infrastructure, including finance, compliance, IT, performance marketing, booking technology, and AI-powered optimization tools designed to drive efficiency and scale across operations.
“Air Charter Advisors is a strong cultural and strategic fit for Flyte,” said Marc Sellouk, CEO of Flyte. “This is exactly the kind of integration Flyte was built for—we’re not here to compete with great operators, we’re here to empower them. By combining our AI-driven infrastructure with trusted teams like Adam’s, we’re building a shared services platform that relieves operators of operational burdens and creates something the private aviation market has never had: scale, efficiency, and service—together.”
“We’ve built Air Charter Advisors on a reputation for trust, reliability, and exceptional service,” said Adam Steiger, President of Air Charter Advisors. “Coming under the umbrella of Flyte and Creatd gives us access to world-class marketing and cutting-edge technology that supercharges our ability to scale. This collaboration empowers us to innovate faster, deliver an even better client experience, and help shape the future of private aviation.”
The LOI includes a 30-day exclusivity period and contemplates a transaction valued between $3-$6 million, subject to due diligence and customary closing conditions.
Accelerating Sector-Wide Integration
The deal is part of Creatd’s broader strategy to bring together aviation companies with complementary capabilities and shared values. With Flyte as the anchor brand, the goal is to create a comprehensive aviation network powered by centralized infrastructure—spanning sales, booking, finance, regulatory, and technology services. This approach enables founder-led companies to thrive in a competitive landscape while reducing operational inefficiencies.
About Air Charter Advisors, Inc. Air Charter Advisors is a global aviation firm specializing in private jet charter, aircraft management, and consulting. Based in Pennsylvania, the company has earned a loyal client base through its commitment to safety, discretion, and premium service.
About Flyte, Inc. Flyte is a tech-forward aviation platform offering both regional and international private flight services. A subsidiary of Creatd, Inc., Flyte is pioneering a shared services model that supports high-growth operators with the infrastructure they need to scale.
About Creatd, Inc. Creatd, Inc. (OTC: CRTD) is a publicly traded investment firm acquiring and growing founder-led companies in aviation, media, and advisory services. Through its shared services model, Creatd enables its portfolio companies to scale efficiently, improve margins, and expand market reach.
Forward Looking Statements: This statement includes forward-looking statements, which are based on current expectations, beliefs, and assumptions about future events and are subject to uncertainties and risks that could cause actual results to differ materially. These statements often contain terms like “expected,” “anticipated,” and “estimated.” Factors influencing future outcomes are unpredictable and may emerge over time. We do not commit to updating any forward-looking statement post its publication date. Our SEC filings provide further details and risk disclosures.
LEWES, Del., April 22, 2025 (GLOBE NEWSWIRE) — John Snow Labs, the AI for healthcare company, today announced its new end-to-end Hierarchical Condition Category (HCC) coding engine designed to help healthcare providers and payers improve risk adjustment accuracy and revenue integrity. This was introduced at the company’s annual Healthcare NLP Summit in a session titled, “Transforming HCC Coding with Healthcare-Specific Language Models.”
Accurate HCC coding is critical for patient risk adjustment, as it directly impacts reimbursement models and financial sustainability in value-based care. However, studies indicate that as many as half of all patients may have prior conditions, complications, or severity indicators documented in clinical notes but not reflected in claims or electronic health records (EHRs).
The new end-to-end solution automates the discovery of missed clinical codes that are evidenced in unstructured clinical notes, but not properly coded. The solution includes a human-in-the-loop validation as well as a full audit trail. The ability to fine-tune the model to a local patient population results in higher accuracy compared to off-the-shelf models and services.
Powered by state‑of‑the‑art, healthcare‑specific language models from John Snow Labs, healthcare organizations can bring AI‑powered HCC coding in‑house, empowering clinical teams with greater control, scalability, and cost efficiency. Additionally, integrating the engine into existing coding workflows can reduce dependency on outsourced services, which can significantly reduce costs and maintain better quality control.
These enhancements come at a critical time. Earlier this month, the Centers for Medicare & Medicaid Services (CMS) released its 2026 Medicare Advantage (MA) Rate Announcement, projecting a 5.06% average increase in payments to MA plans, signifying the largest rate hike in a decade. With the additional funding comes an expectation for plans to deliver more accurate risk scores, improve coding integrity, and prove that the MA model can deliver better value. John Snow Labs can help organizations do this in a way that meets the specific demands of the healthcare industry.
“Our new HCC coding engine was developed to address the challenges of today’s healthcare industry—creating a more accurate and consistent revenue cycle at a lower cost,” said David Talby, CEO, John Snow Labs. “By leveraging the latest healthcare-specific AI models and human-in-the-loop workflows to improve them, both payers and providers can run HCC coding in-house at lower cost, with higher accuracy, and tighter control compared to outsourced or black-box services.”
About John Snow Labs John Snow Labs, the AI for healthcare company, provides state-of-the-art software, models, and data to help healthcare and life science organizations put AI to good use. Developer of Medical LLMs, Healthcare NLP, Spark NLP, the Generative AI Lab No-Code Platform, and the Medical Chatbot, John Snow Labs’ award-winning medical AI software powers the world’s leading pharmaceuticals, academic medical centers, and health technology companies. Creator and host of The NLP Summit, the company is committed to further educating and advancing the global AI community.
RONKONKOMA, N.Y., April 22, 2025 (GLOBE NEWSWIRE) — SUNation Energy, Inc. (Nasdaq: SUNE), a leading provider of sustainable solar energy and backup power solutions for households, businesses, and municipalities, has signed separate Letters of Intent (LOI) with Energy Systems Group (ESG), an award-winning energy services company, for the deployment of over 2.35 MWs of solar power at two school districts on Long Island.
Collectively, these installations are designed to deliver 3 megawatt hours (MWHs) of clean solar energy across 10 buildings that would offset a substantial majority of each district’s energy needs.
The projects under LOI are:
A total of seven (7) schools and facility buildings within a prominent school district on Long Island for a total generation potential of 1.3 MW. The system will be comprised of rooftop solar arrays. Upon completion, this installation would generate approximately 1,687,723 kwh/year which would provide an estimated 75.85% energy offset for the district.
A total of three (3) buildings within another Long Island-based school district for a total generation potential of 1.057 MW. The system will be comprised of rooftop solar arrays. Upon completion, the installation would generate approximately 1,371,712 kwh/year which would provide an offset of an estimated 87.3% of the district’s energy needs.
“We are convinced that there is a strong institutional demand for commercial-scale solar projects that deliver value,” SUNation Energy CEO Scott Maskin said. “These districts deserve the benefits of solar energy, and we’re happy to deliver. We look forward to working with our partners at ESG and these school districts to advance the approval process and secure a cleaner, greener future for our neighbors in these communities.”
Mr. Maskin concluded, “We are proud to add both of these projects into our significant portfolio of Long Island school districts in the SUNation family.”
The projects contemplated by these Letters of Intent are subject to a variety of factors, including, but not limited to, ongoing discussions between the parties and the signing of definitive agreements.
About SUNation Energy, Inc. SUNation Energy, Inc. is focused on growing leading local and regional solar, storage, and energy services companies nationwide. Our vision is to power the energy transition through grass-roots growth of solar electricity paired with battery storage. Our portfolio of brands (SUNation, Hawaii Energy Connection, E-Gear) provide homeowners and businesses of all sizes with an end-to-end product offering spanning solar, battery storage, and grid services. SUNation Energy, Inc.’s largest markets include New York, Florida, and Hawaii, and the company operates in three (3) states.
About Energy Systems Group (ESG) Energy Systems Group (ESG) is a leading provider of performance-driven energy and infrastructure solutions nationwide. We design, build, and guarantee solutions that improve the reliability, efficiency, and lifespan of critical facilities in the education, government, healthcare, commercial, and industrial sectors. With a commitment to delivering reliable and proven solutions, Energy Systems Group takes a comprehensive approach to facility transformation. Visit energysystemsgroup.com to learn more.
Forward Looking Statements This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Company’s current expectations or beliefs and are subject to uncertainty and changes in circumstances. While the Company believes its plans, intentions, and expectations reflected in those forward-looking statements are reasonable, these plans, intentions, or expectations may not be achieved. For information about the factors that could cause such differences, please refer to the Company’s filings with the Securities and Exchange Commission, including, without limitation, the statements made under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 and in subsequent filings. The Company does not undertake any obligation to update or revise these forward-looking statements for any reason, except as required by law.
Safe Harbor Statement Our prospects here at SUNation Energy Inc. are subject to uncertainties and risks. This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934, including, but not limited to, the risk that SUNation may not be able to enter into definitive agreements to commence these solar installations, and that the projects being contemplated will not generate the expected levels of energy or deliver the anticipated financial benefits. The Company intends that such forward-looking statements be subject to the safe harbor provided by the foregoing Sections. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this presentation. The Company cannot predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. The reader should consider statements that include the words “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “projects”, “should”, or other expressions that are predictions of or indicate future events or trends, to be uncertain and forward-looking. We caution readers not to place undue reliance upon any such forward-looking statements. The Company does not undertake to publicly update or revise forward-looking statements, whether because of new information, future events or otherwise. Additional information respecting factors that could materially affect the Company and its operations are contained in the Company’s filings with the SEC which can be found on the SEC’s website at www.sec.gov.
Contacts: Scott Maskin Chief Executive Officer +1 (631) 823-7131 smaskin@sunation.com
SUNation Energy Investor Relations +1 (212) 836-9600 IR@sunation.com
TEL AVIV, Israel, April 22, 2025 (GLOBE NEWSWIRE) — Enlight Renewable Energy (“Enlight”, “the Company”, NASDAQ: ENLT, TASE: ENLT.TA), a leading renewable energy platform, announced that it has signed an agreement with Vishay Israel Ltd. for the supply of electricity valued at approximately $105m for a period of 12 years, and includes an option to significantly increase consumption volumes over the life of the contract.
Vishay joins other leading entities in Israel that have signed clean electricity supply agreements with Enlight in recent months, including the Weizmann Institute of Science, NTA Metropolitan Mass Transit, Amdocs, Big Shopping Centers, SodaStream, and Applied Materials.
Enlight, which owns the largest portfolio of renewable energy assets in Israel, is leading the transition of the country’s economy to clean power following the electricity market’s deregulation, which allows large consumers to enter into direct supply agreements with power producers.
The agreement with Enlight will help Vishay, one of the world’s largest manufacturers of discrete semiconductors and passive electronic components, to significantly reduce its electricity costs Israel. In addition, the related reduction in emissions will be equivalent to planting approximately 740,000 new trees per year or removing about 17,000 fuel-powered vehicles from the road each year.
Gilad Peled, CEO of Enlight MENA, commented, “Enlight congratulates Vishay, one of the largest electronic component manufacturers in the world, on its decision to switch its plants in Israel to clean and environmentally friendly energy. This deal follows a series of agreements we have reached with some of the highest-quality companies in Israel. These firms have chosen to lead on environmental responsibility, and are an example to the entire economy. In addition to its environmental benefits, the agreement with Enlight will allow Vishay’s plants in Israel to save millions of dollars on their electricity bills, and serves as another example of how renewable energy increases competition and reduces power costs in Israel.”
Boaz Bazak, Director of IEHS, Vishay Israel, commented, “The agreement marks a significant step in our ongoing commitment to sustainability and energy efficiency. This partnership will provide our manufacturing facilities with clean, reliable energy at lower rates, enhancing our operational efficiency and reducing our environmental impact. It aligns perfectly with our mission to promote sustainability and reduce our carbon footprint. By securing renewable electricity at a discounted price, we can continue to grow while supporting global efforts to combat climate change.”
About Enlight Renewable Energy
Founded in 2008, Enlight develops, finances, constructs, owns, and operates utility-scale renewable energy projects. Enlight operates across the three largest renewable segments today: solar, wind and energy storage. A global platform, Enlight operates in the United States, Israel and 10 European countries. Enlight has been traded on the Tel Aviv Stock Exchange since 2010 (TASE: ENLT) and completed its U.S. IPO (Nasdaq: ENLT) in 2023. Learn more at www.enlightenergy.co.il.
About VishayIntertechnology
Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. Serving customers worldwide, Vishay is The DNA of tech.Vishay Intertechnology, Inc. is a Fortune 1,000 Company listed on the NYSE (VSH). More on Vishay at www.vishay.com.
Contacts:
Yonah Weisz Director IR investors@enlightenergy.co.il
Erica Mannion or Mike Funari Sapphire Investor Relations, LLC +1 617 542 6180 investors@enlightenergy.co.il
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements as contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding the Company’s expectations relating to the Project, the PPA and the related interconnection agreement and lease option, and the completion timeline for the Project, are forward-looking statements. The words “may,” “might,” “will,” “could,” “would,” “should,” “expect,” “plan,” “anticipate,” “intend,” “target,” “seek,” “believe,” “estimate,” “predict,” “potential,” “continue,” “contemplate,” “possible,” “forecasts,” “aims” or the negative of these terms and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the following: our ability to site suitable land for, and otherwise source, renewable energy projects and to successfully develop and convert them into Operational Projects; availability of, and access to, interconnection facilities and transmission systems; our ability to obtain and maintain governmental and other regulatory approvals and permits, including environmental approvals and permits; construction delays, operational delays and supply chain disruptions leading to increased cost of materials required for the construction of our projects, as well as cost overruns and delays related to disputes with contractors; our suppliers’ ability and willingness to perform both existing and future obligations; competition from traditional and renewable energy companies in developing renewable energy projects; potential slowed demand for renewable energy projects and our ability to enter into new offtake contracts on acceptable terms and prices as current offtake contracts expire; offtakers’ ability to terminate contracts or seek other remedies resulting from failure of our projects to meet development, operational or performance benchmarks; various technical and operational challenges leading to unplanned outages, reduced output, interconnection or termination issues; the dependence of our production and revenue on suitable meteorological and environmental conditions, and our ability to accurately predict such conditions; our ability to enforce warranties provided by our counterparties in the event that our projects do not perform as expected; government curtailment, energy price caps and other government actions that restrict or reduce the profitability of renewable energy production; electricity price volatility, unusual weather conditions (including the effects of climate change, could adversely affect wind and solar conditions), catastrophic weather-related or other damage to facilities, unscheduled generation outages, maintenance or repairs, unanticipated changes to availability due to higher demand, shortages, transportation problems or other developments, environmental incidents, or electric transmission system constraints and the possibility that we may not have adequate insurance to cover losses as a result of such hazards; our dependence on certain operational projects for a substantial portion of our cash flows; our ability to continue to grow our portfolio of projects through successful acquisitions; changes and advances in technology that impair or eliminate the competitive advantage of our projects or upsets the expectations underlying investments in our technologies; our ability to effectively anticipate and manage cost inflation, interest rate risk, currency exchange fluctuations and other macroeconomic conditions that impact our business; our ability to retain and attract key personnel; our ability to manage legal and regulatory compliance and litigation risk across our global corporate structure; our ability to protect our business from, and manage the impact of, cyber-attacks, disruptions and security incidents, as well as acts of terrorism or war; changes to existing renewable energy industry policies and regulations that present technical, regulatory and economic barriers to renewable energy projects; the reduction, elimination or expiration of government incentives for, or regulations mandating the use of, renewable energy; our ability to effectively manage our supply chain and comply with applicable regulations with respect to international trade relations, the impact of tariffs on the cost of construction and our ability to mitigate such impact, sanctions, export controls and anti-bribery and anti-corruption laws; our ability to effectively comply with Environmental Health and Safety and other laws and regulations and receive and maintain all necessary licenses, permits and authorizations; our performance of various obligations under the terms of our indebtedness (and the indebtedness of our subsidiaries that we guarantee) and our ability to continue to secure project financing on attractive terms for our projects; limitations on our management rights and operational flexibility due to our use of tax equity arrangements; potential claims and disagreements with partners, investors and other counterparties that could reduce our right to cash flows generated by our projects; our ability to comply with tax laws of various jurisdictions in which we currently operate as well as the tax laws in jurisdictions in which we intend to operate in the future; the unknown effect of the dual listing of our ordinary shares on the price of our ordinary shares; various risks related to our incorporation and location in Israel; the costs and requirements of being a public company, including the diversion of management’s attention with respect to such requirements; certain provisions in our Articles of Association and certain applicable regulations that may delay or prevent a change of control; and other risk factors set forth in the section titled “Risk factors” in our Annual Report on Form 20-F for the fiscal year ended December 31, 2024, filed with the Securities and Exchange Commission (the “SEC”) and our other documents filed with or furnished to the SEC.
These statements reflect management’s current expectations regarding future events and speak only as of the date of this press release. You should not put undue reliance on any forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Except as may be required by applicable law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
PALO ALTO, Calif., April 22, 2025 (GLOBE NEWSWIRE) — Intapp, Inc., (NASDAQ: INTA), a leading global provider of AI-powered solutions for professionals at advisory, capital markets, and legal firms, will report fiscal third quarter 2025 financial results after the market close on May 6, 2025. On that day, management will host a webcast at 5 p.m. ET to discuss the company’s business and financial results.
Investors and other interested parties can access the webcast as follows:
What: Intapp fiscal third quarter 2025 financial results earnings webcast
Replay: An archived webcast of the event will be accessible from the “news and events” section of the company’s investor relations website at Investors | Intapp, Inc. The replay will be available for 90 days following the live presentation.
About Intapp
Intapp software helps professionals unlock their teams’ knowledge, relationships, and operational insights to increase value for their firms. Using the power of Applied AI, we make firm and market intelligence easy to find, understand, and use. With Intapp’s portfolio of vertical SaaS solutions, professionals can apply their collective expertise to make smarter decisions, manage risk, and increase competitive advantage. The world’s top firms — across accounting, consulting, investment banking, legal, private capital, and real assets — trust Intapp’s industry-specific platform and solutions to modernize and drive new growth.
Investor contact
David Trone Senior Vice President, Investor Relations Intapp, Inc. ir@intapp.com
Media contact
Ali Robinson Global Media Relations Director Intapp, Inc. press@intapp.com
San Francisco, April 22, 2025 (GLOBE NEWSWIRE) — Over the past 18 months, companies rushed to deploy “AI digital workers” to replace headcount. The promise? Faster growth, fewer hires. The reality? Underwhelming performance, churn, and flatlining pipelines. Today, OneShot.ai announced the public release of its Execution OS—a GTM (go-to-market) operating system that blends multi-agent AI, on-demand GTM specialists, and a real-time Analysis Engine to execute go-to-market strategy with zero internal lift.
“Companies didn’t just want automation—they were promised they could replace humans,” said Gautam Rishi, CEO and co-founder of OneShot.ai.“But the results never came. We built a platform where AI and humans work in sync to actually execute and deliver results.”
Execution OS turns any go-to-market task outbound, content, social, SEO, events, into a managed workflow. Its AI scopes the task and orchestrates agent workflows and human experts (SDRs, copywriters, designers, analysts) are deployed to complete the last mile.
OneShot.ai founders: Peda Pola and Gautam Rishi.
Execution OS is designed to create revenue from raw data and is built around two key engines: The Analysis Engine ingests a company’s CRM, sales calls, meeting transcripts, campaigns, and customer interactions to detect what’s working and why, across messaging, personas, and channels. And the Execution Engine uses those insights to drive action: it scopes the work, spins up multi-agent workflows, recruits on-demand human experts, and executes GTM campaigns end-to-end.
“Most AI agents today are static workflows. But true execution needs a feedback loop,” said Peda Venki Pola, Co-founder and CTO. “That’s what makes Execution OS different. Our platform learns from customer data and GTM activity, and dynamically drives outbound strategy, hiring, and human enablement. It’s not just automation—it’s orchestration.”
It’s already demonstrating its impact for a range of businesses. In one case, after transcribing hundreds of sales calls, OneShot.ai identified a highly resonant message with a specific persona. It sourced new leads with that persona—not in CRM—and enabled human operators to launch real-time outbound within minutes. Similarly, OneShot.ai noticed a spike in demo bookings from California-based financial firms. The Analysis Engine uncovered a recent regulation change, and the Execution Engine immediately targeted 100+ companies impacted, launching campaigns across email, ads, and cold calls in minutes.
OneShot.ai customer Eli Burstein, President at Capstone said: “We’ve worked with OneShot.ai for a while, but the new Execution OS changed the game. Since bringing human specialists into the loop, our pipeline has exploded across multiple GTM channels.” Another user Karl May, Founder and CEO at Join Digital said: “We tried hiring SDRs and agencies—nothing stuck. OneShot.ai changed that. Within weeks, we were landing meetings with the world’s largest enterprises. The scale and consistency are unmatched.”
OneShot.ai dashboard.
OneShot.ai was founded by GTM and AI veterans who understood that AI alone wouldn’t scale go-to-market execution. As LLMs rapidly advanced, one truth became clear: no one really knew which tasks should be handled by AI, and which still required human judgment. That line is constantly shifting, and most teams are guessing. The OneShot team built a new system of work to solve this: one where AI scopes the task, decides who (or what) should do it, and then orchestrates execution with precision.
Since launching Execution OS in December, OneShot has added over $250K in new ARR every month and customers are expanding use cases within weeks. “AI gets you 70% of the way there,” said Gautam Rishi, CEO and Co-founder. “Execution OS gets you all the way—by combining AI with the right humans at the right time.”
The OneShot.ai founders are GTM and AI experts. Gautam Rishi, is GTM leader with over two decades experience in enterprise SaaS (ex-Akamai, CloudBees, 1E), known for scaling sales teams globally and delivering multiple exits. While Peda Pola, a former senior engineering leader having spent a decade at Salesforce, with deep expertise in generative AI, multi-agent orchestration, and large-scale enterprise platform development.
Looking ahead, OneShot.ai is positioning itself as the execution layer for modern B2B companies, starting with GTM and expanding into every operational domain. The platform not only executes—it learns what needs to be done, who should do it, and whether the company has the capacity. If not, it autonomously recruits and enables the right human experts, zero touch.
As AI evolves, OneShot.ai will scale from top-of-funnel activities like outbound and content into deal acceleration, forecasting, CS, RevOps, and more—redefining execution across the enterprise.
About OneShot.ai OneShot.ai is the Execution OS for go-to-market teams. It blends multi-agent AI with on-demand human specialists to plan, execute, and scale outbound, content, SEO, social, and more—without hiring internally or using agencies. Founded by senior GTM and product engineering leaders from Akamai, CloudBees, and Salesforce – OneShot.ai powers the next generation of operationally efficient, high-growth companies.
TD SYNNEX and Trifork Partner to Deliver Scalable AI and Digital Transformation Solutions
April 22nd, 2025 – Austin, Texas – Trifork today announced a new partnership with TD SYNNEX, a leading global distributor and solutions aggregator for the IT ecosystem. Through this partnership, Trifork will deliver advanced digital solutions to TD SYNNEX’s new and existing customers, helping them accelerate digital transformation and drive measurable business outcomes.
“Partnering with TD SYNNEX enables us to reach a broader audience of enterprise customers who are ready to embrace modern, AI-driven software solutions,” says Karan Yadav, CEO at Trifork US. “TD SYNNEX is a trusted partner in the channel, and we’re excited to work together to help organizations transform the way they build and scale digital experiences.”
“TD SYNNEX is committed to uniting IT solutions that deliver business outcomes today and unlock growth for the future,” said Cheryl Day, SVP, New Vendor Acquisition and Global Solutions. “Trifork brings their high-impact software solutions to our vast portfolio of vendor partners, and through our partnership, we’re able to enrich the breadth and depth of our enterprise offerings so our customers can do great things with technology.”
Trifork offers expertise in AI, scaled platforms, spatial computing, and user-centric applications – serving industries such as manufacturing, energy, healthcare, finance, education, and public services. Their modular, scalable approach allows organizations to integrate innovation quickly and efficiently while maintaining a secure and user-centric architecture.
TD SYNNEX customers can now access Trifork’s solutions through the TD SYNNEX ecosystem, with support from dedicated teams to ensure a seamless onboarding experience. To learn more about Trifork’s offering, visit https://us.trifork.com/products/vision-ai/.
About TD SYNNEX
TD SYNNEX (NYSE: SNX) is a leading global distributor and solutions aggregator for the IT ecosystem. We’re an innovative partner helping more than 150,000 customers in 100+ countries to maximize the value of technology investments, demonstrate business outcomes and unlock growth opportunities. Headquartered in Clearwater, Florida, and Fremont, California, TD SYNNEX’s 23,000 co-workers are dedicated to uniting compelling IT products, services and solutions from 2,500+ best-in-class technology vendors. Our edge-to-cloud portfolio is anchored in some of the highest-growth technology segments including cloud, cybersecurity, big data/analytics, AI, IoT, mobility and everything as a service. TD SYNNEX is committed to serving customers and communities, and we believe we can have a positive impact on our people and our planet, intentionally acting as a respected corporate citizen. We aspire to be a diverse and inclusive employer of choice for talent across the IT ecosystem. For more information, visit www.TDSYNNEX.com or follow us on LinkedIn, Facebook and Instagram.
Copyright 2025 TD SYNNEX Corporation. All rights reserved. TD SYNNEX, the TD SYNNEX Logo, and all other TD SYNNEX company, product and services names and slogans are trademarks of TD SYNNEX Corporation. Other names and trademarks are the property of their respective owners.
About Trifork
Trifork is a pioneering global technology partner, empowering enterprise and public sector customers with innovative solutions. With 1,229 professionals across 73 business units in 16 countries, Trifork delivers expertise in inspiring, building, and running advanced software solutions across diverse sectors, including public administration, healthcare, manufacturing, logistics, energy, financial services, retail, and real estate. Trifork Labs, the Group’s R&D hub, drives innovation by investing in and developing synergistic and high-potential technology companies. Trifork Group AG is a publicly listed company on Nasdaq Copenhagen. Learn more at trifork.com.
Media contact: Frederik Svanholm, frsv@trifork.com, +41 79 357 73 17
ATLANTA, April 22, 2025 (GLOBE NEWSWIRE) — Fullstory, a leading behavioral data company, today announced the appointment of Chad Gold as its chief financial officer (CFO). Gold brings over two decades of financial leadership experience in high-growth technology companies to Fullstory, where he will oversee the company’s financial strategy and operations.
“Chad’s extensive experience in scaling technology companies aligns perfectly with Fullstory’s vision for growth,” said Scott Voigt, CEO of Fullstory. “His strategic financial leadership will be instrumental as we continue to expand our offerings and deliver data-driven value to our customers. I couldn’t be more excited to welcome Chad to the team, especially given his deep ties to the Atlanta tech community and proven track record of helping high-growth companies thrive here.”
As CFO, Gold will focus on driving Fullstory’s continued growth, particularly as the company scales into the enterprise market. He will also work closely with the leadership team to support Fullstory’s product innovations, including the recent launch of new AI-agent-powered behavioral data solutions.
“Fullstory is in a prime position to lead the charge in AI innovation, thanks to the unmatched depth and quality of our behavioral data,” said Gold. “Businesses increasingly turn to AI to drive transformation, and I’m excited to contribute to that momentum. Fullstory is expanding its offerings, providing greater access to workforce intelligence and cutting-edge AI capabilities. I’m proud to be part of the team launching these innovations and am ready to start helping businesses turn data into meaningful, measurable outcomes.”
Prior to joining Fullstory, Gold served as CFO at G2, where he led financial strategy, investor relations, and business operations. He previously held the CFO role at Salesloft, guiding the company through rapid growth and a majority investment by Vista Equity Partners. Gold has also held senior finance roles at Rubicon Global, SAP Ariba, and The Home Depot. He was named CFO of the Year by the Atlanta Business Chronicle in 2022.
Gold’s appointment follows a series of strategic executive hires at Fullstory. In March 2024, the company welcomed Jason Wolf as president to lead growth and expansion initiatives. In August 2024, Fullstory appointed Claire Fang as chief product and technology officer – leading the product, design, and engineering teams. These additions underscore Fullstory’s commitment to strengthening its leadership team to support its ongoing growth and innovation.
About Fullstory Fullstory is on a mission to help technology leaders make better, more informed decisions by injecting behavioral data into their analytics stack. The company’s patented technology unlocks the power of quality behavioral data at scale by transforming every digital visit into actionable data and insights. With Fullstory, enterprises can get closer to their customers’ true sentiments and intentions to predict what they want, create personalized experiences, and drive conversion, loyalty, and revenue. Fullstory is headquartered in Atlanta, USA, with regional teams across North America, EMEA, and APAC. For more information, visit www.fullstory.com.
Fullstory Media Relations Alexandra King Director of Communications pr@fullstory.com
MELBOURNE, Fla., April 22, 2025 (GLOBE NEWSWIRE) — Orion180, a leading provider of innovative homeowners and flood insurance solutions, has announced a collaboration with Jewelers Mutual, the only insurer dedicated to jewelry and jewelry businesses with over a century of expertise, to provide homeowners with specialized jewelry insurance coverage beyond the typical limits of a standard homeowners policy.
Through a seamless integration with Orion180’s homeowner’s quoting process, customers can obtain comprehensive protection against risks specific to high-value items, including theft, loss, and accidental damage.
“By working with Jewelers Mutual, Orion180 is addressing an underserved need among clients who require comprehensive jewelry coverage that goes beyond standard offerings,” said Ken Gregg, CEO and founder of Orion180. “We believe this collaboration adds a valuable layer to our insureds’ insurance experience because they can protect both their home and adequately protect their high-value items all in one place.”
Jewelers Mutual provides customers with specialized expertise and options such as flexible deductibles and the ability to choose their own preferred jeweler for repairs or replacements, offering policyholders a level of coverage not typically included in standard homeowners insurance policies.
“This new relationship with Orion180 allows us to leverage technology in new ways to make insurance more accessible to more jewelry consumers,” said Mike Alexander, Chief Operating Officer. “We’re able to meet customers where they want to be met and give them the freedom to wear their jewelry confidently knowing each piece has the expert protection it deserves.”
This collaboration represents a milestone in Orion180’s mission to provide value-added, technology-driven insurance solutions that cater to specific client needs. Independent insurance agents and homeowners can learn more about this jewelry insurance option by visiting Orion180.com or contacting Orion180 directly.
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.
Jewelers Mutual was founded in 1913 by a group of Wisconsin jewelers to meet their unique insurance needs. Later, consumers began putting their trust in Jewelers Mutual to protect their jewelry and the special memories each piece holds. Today, Jewelers Mutual continues to support and move the industry forward by listening to jewelers and consumers and offering products and services to meet their evolving needs. Beyond insurance, Jewelers Mutual’s powerful suite of innovative solutions and digital technology offerings help jewelers strengthen and grow their businesses, mitigate risk, and bring them closer to their customers. The Group insurers’ strong financial position is reflected in their 38 consecutive “A+ Superior” ratings from AM Best Company, as of November 2024. Policyholders of the Group insurers are members of Jewelers Mutual Holding Company. Jewelers Mutual is headquartered in Neenah, Wisconsin, with other Group offices in Dallas, Texas and Miami, Florida. To learn more, visit JewelersMutual.com.
LEAWOOD, Kan. and MADRID, April 22, 2025 (GLOBE NEWSWIRE) — Euronet (NASDAQ: EEFT), a global leader in payments processing and cross-border transactions, and Prosegur Cash (Spanish SE: CASH), a global Cash-In-Transit company with strong leadership in Latin American markets, announced today the launch of their Independent ATM Network (IAD) in Peru and the Dominican Republic. The initiative is part of their joint venture agreement, branded as LATM (a combination of LATAM and ATM), to deploy independent ATMs across most countries of Latin America and provide comprehensive ATM As-a-Service solutions to banks and financial institutions in the region.
The initiative is sponsored by leading local financial institutions in both markets: Banco Alfin, recognized in Peru for its commitment to digitalization and technological innovation, and Banco BHD, the second-largest private bank in the Dominican Republic. The joint venture will provide state-of-the-art ATM solutions in key locations across both countries where cash is needed most, including popular destinations attracting international travelers. The ATMs will feature the distinct and well-recognized LATM branding, showcasing the combined strengths of the parties in providing financial services at scale. The BHD and Alfin brands will also be displayed on respective LATM ATMs in the Dominican Republic and Peru.
The joint venture leverages Euronet’s Ren payments platform and the company’s extensive portfolio of value-added ATM management services as well as Prosegur Cash’s customer-centric, on-the-ground operational services for cash management, end-to-end hardware services and facilities management.
“We are thrilled with the launch of our first markets with Independent ATM Networks in Latin America through our joint venture with Prosegur Cash,” said Nikos Fountas, Euronet EVP and CEO EFT Americas, Europe, Middle East and Africa. “This joint venture positions us for rapid growth in the region. We are confident that we will achieve a rapid pace of ATM deployment in these countries based on well-established local partnerships backed by our global processing centers. The deployment of our IAD in the region is also an excellent platform for providing ATM As-a-Service to banks and financial institutions.”
“The start of operations in Peru and the Dominican Republic represents the full and effective development of the agreement reached with Euronet and is a winning model which we will see soon in many more countries in the region,” said José Antonio Lasanta, CEO of Prosegur Cash, in welcoming the launch in the two countries.
About Prosegur Cash
Prosegur Cash is a company dedicated to cash logistics and cash management that covers the complete cash cycle. It employs around 45,000 people, in more than 31 countries, and in 2023, it obtained revenues of 1,861 million euros. Prosegur Cash is positioned as a global benchmark with a clear vocation for leadership. In addition, the company articulates its social commitment by working on ten of the seventeen Sustainable Development Goals of the United Nations in which it considers it can generate a positive impact.
Prosegur Cash is part of The Climate Pledge, an international alliance whose members have pledged to generate zero net carbon emissions by 2040. Prosegur Cash is listed on the Spanish stock exchanges under the symbol CASH.
A global leader in payments processing and cross-border transactions, Euronet moves money in all the ways consumers and businesses depend upon. This includes money transfers, credit/debit processing, ATMs, point-of-sale services, branded payments, currency exchange and more. With products and services in more than 200 countries and territories provided through its own brand and branded business segments, Euronet and its financial technologies and networks make participation in the global economy easier, faster and more secure for everyone.
Starting in Central Europe in 1994, Euronet now supports an extensive global real-time digital and cash payments network that includes 55,248 installed ATMs, approximately 1,160,000 EFT point-of-sale terminals and a growing portfolio of outsourced debit and credit card services which are under management in 67 countries; card software solutions; a prepaid processing network of approximately 777,000 point-of-sale terminals at approximately 362,000 retailer locations in 64 countries; and a global money transfer network of approximately 607,000 locations serving 197 countries and territories with digital connections to 4.1 billion bank accounts and 3.1 billion digital wallet accounts. Euronet serves clients from its corporate headquarters in Leawood, Kansas, USA, and 67 worldwide offices. For more information, please visit the company’s website at www.euronetworldwide.com.
Corrected: Dividends of legal entities residents of the Republic of Lithuania and foreign countries shall be subject to the Corporate Profit Tax rate.
The Ordinary general meeting of shareholders held on 31 March 2025 approved allocation of the profit of Šiaulių Bankas AB which included a pay-out of dividends – 0.061 euro shall be paid for each ordinary registered share with a nominal value of 0.29 euro. Dividends shall be paid outto persons who were the shareholders of Šiaulių Bankas AB at the end of the record day – 14 April 2025.
The Bank shall pay out dividends on 25 April 2025 in compliance with the following procedure:
– those shareholders whose shares are being accounted in the securities accounts with banks and financial brokerage companies rendering investment services will receive an amount of dividends after deduction of Personal Income Tax or Corporate Profit Tax in compliance with the laws of the Republic of Lithuania which shall be transferred to the accounts with the respective banks or financial brokerage companies;
– for shareholders whose shares are accounted for in Šiaulių Bankas AB in the issuer’s accounting, the amount of dividends, after deducting personal income tax or income tax in accordance with the laws of the Republic of Lithuania, will be transferred to the account specified by the shareholder. If the shareholder has not specified an account for the transfer of dividends, he/she must submit an application for the transfer of dividends. Applications are accepted from 18 April 2025 in all customer service points of Šiaulių Bankas AB. Before going to the customer service department, it is necessary to register for a visit on-line athttps://sb.lt/enor by phone+370 610 44447. Applications for dividend transfer can also be submitted via the Internet Bank.
Taxation of dividends:
– Dividends of natural persons residents of the Republic of Lithuania and foreign countries shall be subject to 15 per cent of the Personal Income Tax rate;
– Dividends of legal entities residents of the Republic of Lithuania and foreign countries shall be subject to 16 per cent of the Corporate Profit Tax rate, unless otherwise provided for in the laws.
Additional information:
Director of Securities Operations Department Jolanta Dobiliauskienė
Midland, Texas, April 22, 2025 (GLOBE NEWSWIRE) — Natural Gas Services Group, Inc. (“NGS” or the “Company”), a premier provider of natural gas compression equipment, technology, and services to the energy industry, announced today it has closed on a $100 million expansion of its existing credit facility (the “Facility”), bringing the total commitments to $400 million with an enlarged accordion of $100 million. The expanded Facility enhances the Company’s financial flexibility and provides additional capital to support ongoing fleet growth, particularly in its large horsepower and electric drive rental compression units.
“We are pleased to announce the expansion and amendment of our credit facility, particularly considering recent financial market volatility and general economic uncertainty. This additional capital supports continued investment in our large horsepower and electric drive rental equipment fleet as we continue to drive organic growth and market share gains while improving our customer experience. Additionally, the amended Facility provides improved economics and terms, including a 50 to 75 basis point reduction in interest rates at comparable leverage levels and a more flexible leverage covenant beginning mid-2026.”
Mr. Jacobs continued, “On behalf of the entire Company, I want to thank our lenders, both existing and new. The amendment of our Facility, especially given markets conditions, reflects the confidence our lending partners have in our business and our future prospects. We remain focused on executing our strategic plan and driving value for all stakeholders. We look forward to reporting our first quarter 2025 results next month.”
The amendment was effective as of April 18, 2025.
About Natural Gas Services Group, Inc. (NGS) Natural Gas NGS is a leading provider of natural gas compression equipment, technology, and services to the energy industry. The Company rents, operates and maintains natural gas compressors for oil and gas production and processing facilities. In addition, the Company designs and assembles compressor units for rental to its customers and provides aftermarket services in the form of call-out services on customer-owned equipment as well as commissioning of new units for customers. NGS is headquartered in Midland, Texas, with a fabrication facility located in Tulsa, Oklahoma, a rebuild shop located in Midland, Texas, and service facilities located in major oil and natural gas producing basins in the U.S. Additional information can be found at www.ngsgi.com.
For More Information, Contact: Anna Delgado, Investor Relations (432) 262-2700
Mifflintown, PA, April 22, 2025 (GLOBE NEWSWIRE) — Juniata Valley Financial Corp. (OTCQX:JUVF) (“Juniata”), announced net income for the three months ended March 31, 2025 of $2.0 million, an increase of 48.2%, compared to net income of $1.4 million for the three months ended March 31, 2024. Earnings per share, basic and diluted, for the three months ended March 31, 2025 was $0.40 compared to $0.27 reported for the three months ended March 31, 2024.
President’s Message
President and Chief Executive Officer, Marcie A. Barber stated, “We are pleased to announce first quarter net income of $2.0 million which represents a nearly 50% increase over the same quarter last year. This improvement is due in part to disciplined loan and deposit pricing which resulted in the reversal of a two-year trend of net interest margin compression. Additionally, our continued efforts to increase fee income and improve efficiency resulted in a 3.9% increase in noninterest income and a 9.2% decrease in noninterest expense. Our credit quality remains strong with nonperforming loans totaling 0.1% of the total loan portfolio and delinquent and nonperforming loans comprising 0.4%. Our focus for the remainder of 2025 is to accelerate loan growth, especially in the State College and Harrisburg regions, while maintaining our excellent credit quality. We also intended to actively communicate with and provide customized service to our customers due to the current economic uncertainty, continue the improvements in fee generation and the containment of operating expenses, while exploring opportunities for expansion.”
Financial Results for the Quarter
Annualized return on average assets for the three months ended March 31, 2025 was 0.94%, compared to 0.63% for the three months ended March 31, 2024. Annualized return on average equity for the three months ended March 31, 2025 was 16.55%, compared to 13.38% for the three months ended March 31, 2024.
Net interest income increased by 5.1%, to $5.8 million for the three months ended March 31, 2025 compared to $5.5 million for the three months ended March 31, 2024. Average interest earning assets decreased 1.7%, to $842.6 million, for the three months ended March 31, 2025 compared to the same period in 2024, due to a decrease of $18.2 million, or 5.7%, in average investment securities as principal paydowns on the mortgage-backed securities portfolio were used for funding needs rather than being reinvested into the securities portfolio. Average interest bearing liabilities decreased by $16.1 million, or 2.6%, for the three months ended March 31, 2025 compared to the three months ended March 31, 2024. This decrease was primarily due to a decline of $23.9 million, or 29.9%, in average borrowings and other interest bearing liabilities, which was partially offset by an increase in average time deposits of $17.3 million, or 8.7%, for the three months end March 31, 2025 compared to the three months ended March 31, 2024.
The yield on earning assets increased 19 basis points, to 4.42%, for the three months ended March 31, 2025 compared to same period last year driven by an increase in loan yields of 24 basis points, while the cost to fund interest earning assets with interest bearing liabilities increased two basis points, to 2.26%, aided by the 100 basis point decline in the federal funds rate between the three months ended March 31, 2025 and 2024. The net interest margin, on a fully tax equivalent basis, increased from 2.63% for the three months ended March 31, 2024 to 2.83% for the three months ended March 31, 2025.
Juniata recorded a credit loss expense of $104,000 for the three months ended March 31, 2025 compared to a credit loss expense of $120,000 for the three months ended March 31, 2024.
Non-interest income was $1.3 million for both the three months ended March 31, 2025 and March 31, 2024. Most significantly impacting non-interest income in the comparative three month periods were increases of $89,000 in customer service fees due to an increase in the collection of overdraft and checking account fees, as well as $24,000 in trust fees. Partially offsetting these increases between the comparative three month periods was a decline of $56,000 in fees derived from loan activity due to decreases in title insurance commissions, a derivative credit adjustment and loan referral fees in the 2025 period.
Non-interest expense was $4.7 million for the three months ended March 31, 2025 compared to $5.2 million for the three months ended March 31, 2024, a decrease of 9.2%. Most significantly impacting non-interest expense in the comparative three month periods were decreases in employee compensation and benefits expenses of $233,000 and $99,000, respectively. The primary drivers for these declines were decreases in employee compensation expenses compared to the 2024 period, with the 2024 expenses being elevated due to overtime pay from the core conversion and optimizing staffing levels, and employee benefits expense due to a decrease in medical claims expenses for the three months ended March 31, 2025 compared to the three months ended March 31, 2024. Also contributing to the decrease in non-interest expense between the comparative three month periods were decreases of $48,000 in professional fees and $34,000 in the provision for unfunded commitments recorded in other non-interest expense. Partially offsetting these decreases for the three months ended March 31, 2025 compared to the three months ended March 31, 2024 was an increase of $74,000 in equipment expense primarily due to an increase in depreciation and ATM expenses attributable to the core conversion in March 2024.
An income tax provision of $371,000 was recorded for the three months ended March 31, 2025 compared to $201,000 recorded for the three months ended March 31, 2024. The increase between the comparative three month periods was primarily due to more taxable income recorded in the 2025 period. Juniata qualifies for a federal tax credit for investments in low-income housing partnerships. The tax credit was $82,000 for both the three months ended March 31, 2025 and March 31, 2024.
Financial Condition
Total assets as of March 31, 2025 were $854.0 million, an increase of $5.1 million compared to total assets of $848.9 million as of December 31, 2024. Cash and cash equivalents increased $2.5 million, or 22.8%, while total loans increased by $5.1 million, or 1.0%, as of March 31, 2025 compared to December 31, 2024. Total deposits increased by $728,000, or 0.1%, as of March 31, 2025 compared to December 31, 2024, while short-term borrowings and repurchase agreements increased by $1.8 million, or 4.4%, primarily due to increased balances in repurchase agreement accounts. At March 31, 2025, total capital increased $2.7 million, or 5.8%, compared to year-end 2024 due to an increase in retained earnings and a decline in other comprehensive losses.
Juniata maintains a strong liquidity position and, as of March 31, 2025, had additional borrowing capacity with the Federal Home Loan Bank of Pittsburgh of $213.3 million and with the Federal Reserve’s Discount Window of $51.2 million. In addition, Juniata has internal authorization for brokered deposits of up to $175.0 million. Juniata had no brokered deposits outstanding as of March 31, 2025.
Subsequent Event
On April 15, 2025, the Board of Directors declared a cash dividend of $0.22 per share to shareholders of record on May 16, 2025, payable on May 30, 2025.
Management considers subsequent events occurring after the statement of condition date for matters which may require adjustment to, or disclosure in, the consolidated financial statements. The review period for subsequent events extends up to and including the filing date of a public company’s consolidated financial statements with the Securities and Exchange Commission. Accordingly, the financial information in this release is subject to change.
The Juniata Valley Bank, the principal subsidiary of Juniata Valley Financial Corp., is headquartered in Mifflintown, Pennsylvania, with fourteen community offices located in Juniata, Mifflin, Perry, Franklin, McKean and Potter Counties. More information regarding Juniata Valley Financial Corp. and The Juniata Valley Bank can be found online at www.JVBonline.com. Juniata Valley Financial Corp. trades through the OTCQX Best Market under the symbol JUVF.
Forward-Looking Information *This press release may contain “forward looking” information as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect the current views of Juniata’s management with respect to, among other things, future events and Juniata’s financial performance. When words such as “may,” “should,” “could,” “predict,” “potential,” “believe,” “will likely result,” “expect,” “continue,” “will,” “anticipate,” “seek,” “estimate,” “intend,” “plan,” “project,” “forecast,” “goal,” “target,” “would” and “outlook,” or the negative variations of those words or similar expressions are used in this release, Juniata is making forward-looking statements. Such information is based on Juniata’s current expectations, estimates and projections about future events and financial trends affecting the financial condition of its business, many of which, by their nature, are inherently uncertain and beyond the control of Juniata. These statements are not historical facts or guarantees of future performance, events or results and are subject to risks, assumptions and uncertainties that are difficult to predict. If one or more events related to these or other risks or uncertainties materializes, or if underlying assumptions prove to be incorrect, actual results may differ materially from this forward-looking information. Accordingly, you should not place undue reliance on any such forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made, and many factors could affect future financial results. Juniata undertakes no obligation to publicly update or revise forward looking information, whether because of new or updated information, future events, or otherwise. For a more complete discussion of certain risks and uncertainties affecting Juniata, please see the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations – Forward-Looking Statements” set forth in the Juniata’s filings with the Securities and Exchange Commission.
Financial Statements
Juniata Valley Financial Corp. and Subsidiary Consolidated Statements of Financial Condition
(Dollars in thousands, except share data)
(Unaudited)
March 31, 2025
December 31, 2024
ASSETS
Cash and due from banks
$
5,145
$
5,064
Interest bearing deposits with banks
8,364
5,934
Cash and cash equivalents
13,509
10,998
Equity securities
1,114
1,189
Debt securities available for sale
64,772
64,623
Debt securities held to maturity (fair value $184,898 and $182,773, respectively)
189,634
191,627
Restricted investment in bank stock
2,674
2,530
Total loans
538,971
533,869
Less: Allowance for credit losses
(6,278
)
(6,183
)
Total loans, net of allowance for credit losses
532,693
527,686
Premises and equipment, net
9,323
9,382
Bank owned life insurance and annuities
15,273
15,214
Investment in low income housing partnerships
751
832
Core deposit and other intangible assets
240
258
Goodwill
9,812
9,812
Mortgage servicing rights
68
69
Deferred tax asset, net
9,320
9,842
Accrued interest receivable and other assets
4,824
4,812
Total assets
$
854,007
$
848,874
LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities:
Deposits:
Non-interest bearing
$
198,753
$
196,801
Interest bearing
549,932
551,156
Total deposits
748,685
747,957
Short-term borrowings and repurchase agreements
44,082
42,242
Long-term debt
5,000
5,000
Other interest bearing liabilities
769
830
Accrued interest payable and other liabilities
5,275
5,388
Total liabilities
803,811
801,417
Commitments and contingent liabilities
Stockholders’ Equity:
Preferred stock, no par value: Authorized – 500,000 shares, none issued
—
—
Common stock, par value $1.00 per share: Authorized 20,000,000 shares; Issued – 5,151,279 shares at March 31, 2025 and December 31, 2024; Outstanding – 5,016,727 shares at March 31, 2025 and 5,003,384 shares at December 31, 2024
5,151
5,151
Surplus
24,712
24,896
Retained earnings
54,034
53,126
Accumulated other comprehensive loss
(31,522
)
(33,320
)
Cost of common stock in Treasury: 134,552 shares at March 31, 2025; 147,895 shares at December 31, 2024
(2,179
)
(2,396
)
Total stockholders’ equity
50,196
47,457
Total liabilities and stockholders’ equity
$
854,007
$
848,874
Juniata Valley Financial Corp. and Subsidiary Consolidated Statements of Income (Unaudited)
Three Months Ended
(Dollars in thousands, except share and per share data)
March 31,
2025
2024
Interest income:
Loans, including fees
$
7,781
$
7,467
Taxable securities
1,365
1,465
Tax-exempt securities
30
30
Other interest income
17
43
Total interest income
9,193
9,005
Interest expense:
Deposits
2,803
2,642
Short-term borrowings and repurchase agreements
531
698
Long-term debt
30
117
Other interest bearing liabilities
7
9
Total interest expense
3,371
3,466
Net interest income
5,822
5,539
Provision for credit losses
104
120
Net interest income after provision for credit losses
5,718
5,419
Non-interest income:
Customer service fees
460
371
Debit card fee income
422
404
Earnings on bank-owned life insurance and annuities
57
56
Trust fees
131
107
Commissions from sales of non-deposit products
101
102
Fees derived from loan activity
115
171
Change in value of equity securities
(28
)
(13
)
Gain from life insurance proceeds
—
—
Other non-interest income
88
98
Total non-interest income
1,346
1,296
Non-interest expense:
Employee compensation expense
1,975
2,208
Employee benefits
546
645
Occupancy
366
332
Equipment
217
143
Data processing expense
629
663
Professional fees
206
254
Taxes, other than income
31
56
FDIC Insurance premiums
135
155
Gain on other real estate owned
—
—
Amortization of intangible assets
18
22
Amortization of investment in low-income housing partnerships
TORONTO and NEW YORK, April 22, 2025 (GLOBE NEWSWIRE) — illumin Holdings Inc. (TSX: ILLM, OTCQB: ILLMF) (“illumin” or “Company”), a leader in digital advertising technology that empowers marketers to make smarter decisions about communicating with online consumers, announces that it will report its first quarter 2025 financial results before market open on Friday, May 9, 2025.
Investors and analysts are invited to join a live webcast on Friday, May 9, 2025, at 8:30 AM ET, where CEO, Simon Cairns and CFO, Elliot Muchnik will discuss illumin’s First Quarter 2025 results, followed by a question-and-answer session.
illumin is evolving the digital advertising landscape by empowering marketers to achieve transformative results through its customer-centric approach. Featuring a unified canvas built around the open web, illumin lets brands and agencies seamlessly plan, build, and execute campaigns across the entire marketing funnel—connecting programmatic channels, email, and social media within a single platform. Headquartered in Toronto, Canada, illumin serves clients across North America, Latin America, and Europe. For more information, visit illumin.com.
Certain statements included herein constitute “forward-looking statements” within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Investors are cautioned not to put undue reliance on forward-looking statements. Except as required by law, the Company does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events.
Many bakers working at high altitudes have carefully followed a standard recipe only to reach into the oven to find a sunken cake, flat cookies or dry muffins.
Experienced mountain bakers know they need a few tricks to achieve the same results as their fellow artisans working at sea level.
These tricks are more than family lore, however. They originated in the early 20th century thanks to research on high-altitude baking done by Inga Allison, then a professor at Colorado State University. It was Allison’s scientific prowess and experimentation that brought us the possibility of perfect high-altitude brownies and other baked goods.
We are two current academics at CSU whose work has been touched by Allison’s legacy.
One of us – Caitlin Clark – still relies on Allison’s lessons a century later in her work as a food scientist in Colorado. The other – Tobi Jacobi – is a scholar of women’s rhetoric and community writing, and an enthusiastic home baker in the Rocky Mountains, who learned about Allison while conducting archival research on women’s work and leadership at CSU.
Inga Allison is one of the fascinating and accomplished women who is part of the exhibit.
Allison was born in 1876 in Illinois and attended the University of Chicago, where she completed the prestigious “science course” work that heavily influenced her career trajectory. Her studies and research also set the stage for her belief that women’s education was more than preparation for domestic life.
In 1908, Allison was hired as a faculty member in home economics at Colorado Agricultural College, which is now CSU. She joined a group of faculty who were beginning to study the effects of altitude on baking and crop growth. The department was located inside Guggenheim Hall, a building that was constructed for home economics education but lacked lab equipment or serious research materials.
Allison took both the land grant mission of the university with its focus on teaching, research and extension and her particular charge to prepare women for the future seriously. She urged her students to move beyond simple conceptions of home economics as mere preparation for domestic life. She wanted them to engage with the physical, biological and social sciences to understand the larger context for home economics work.
Such thinking, according to CSU historian James E. Hansen, pushed women college students in the early 20th century to expand the reach of home economics to include “extension and welfare work, dietetics, institutional management, laboratory research work, child development and teaching.”
News articles from the early 1900s track Allison giving lectures like “The Economic Side of Natural Living” to the Colorado Health Club and talks on domestic science to ladies clubs and at schools across Colorado. One of her talks in 1910 focused on the art of dishwashing.
Allison became the home economics department chair in 1910 and eventually dean. In this leadership role, she urged then-CSU President Charles Lory to fund lab materials for the home economics department. It took 19 years for this dream to come to fruition.
In the meantime, Allison collaborated with Lory, who gave her access to lab equipment in the physics department. She pieced together equipment to conduct research on the relationship between cooking foods in water and atmospheric pressure, but systematic control of heat, temperature and pressure was difficult to achieve.
She sought other ways to conduct high-altitude experiments and traveled across Colorado where she worked with students to test baking recipes in varied conditions, including at 11,797 feet in a shelter house on Fall River Road near Estes Park.
But Allison realized that recipes baked at 5,000 feet in Fort Collins and Denver simply didn’t work in higher altitudes. Little advancement in baking methods occurred until 1927, when the first altitude baking lab in the nation was constructed at CSU thanks to Allison’s research. The results were tangible — and tasty — as public dissemination of altitude-specific baking practices began.
As a senior food scientist in a mountain state, one of us – Caitlin Clark – advises bakers on how to adjust their recipes to compensate for altitude. Thanks to Allison’s research, bakers at high altitude today can anticipate how the lower air pressure will affect their recipes and compensate by making small adjustments.
Air pressure is a force that pushes back on all of the molecules in a system and prevents them from venturing off into the environment. Heat plays the opposite role – it adds energy and pushes molecules to escape.
When water is boiled, molecules escape by turning into steam. The less air pressure is pushing back, the less energy is required to make this happen. That’s why water boils at lower temperatures at higher altitudes – around 200 degrees Fahrenheit in Denver compared with 212 F at sea level.
So, when baking is done at high altitude, steam is produced at a lower temperature and earlier in the baking time. Carbon dioxide produced by leavening agents also expands more rapidly in the thinner air. This causes high-altitude baked goods to rise too early, before their structure has fully set, leading to collapsed cakes and flat muffins. Finally, the rapid evaporation of water leads to over-concentration of sugars and fats in the recipe, which can cause pastries to have a gummy, undesirable texture.
Allison was one of many groundbreaking women in the early 20th century who actively supported higher education for women and advanced research in science, politics, humanities and education in Colorado.
Others included Grace Espy-Patton, a professor of English and sociology at CSU from 1885 to 1896 who founded an early feminist journal and was the first woman to register to vote in Fort Collins. Miriam Palmer was an aphid specialist and master illustrator whose work crafting hyper-realistic wax apples in the early 1900s allowed farmers to confirm rediscovery of the lost Colorado Orange apple, a fruit that has been successfully propagated in recent years.
In 1945, Allison retired as both an emerita professor and emerita dean at CSU. She immediately stepped into the role of student and took classes in Russian and biochemistry.
In the fall of 1958, CSU opened a new dormitory for women that was named Allison Hall in her honor.
The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.
SINGAPORE, April 22, 2025 (GLOBE NEWSWIRE) — Primech AI Pte. Ltd. (“Primech AI” or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), recently participated in the prestigious Global Innovation Summit (GIS) 2025 held at HANNOVER MESSE in Hannover, Germany on April 1-2, 2025. The Company was invited by Enterprise Singapore to join a select group of innovative Singaporean companies representing the nation’s technological capabilities on the global stage.
Picture 1: Charles Ng, Chief Operating Officer of Primech Ai presenting at the Global Innovation Summit
The Global Innovation Summit, one of the world’s premier platforms for industrial technology innovation, provided Primech AI with the opportunity to showcase its groundbreaking HYTRON, AI-powered autonomous bathroom cleaning robots to an international audience of industry leaders, potential partners, and investors.
“Our participation at the Global Innovation Summit represents a significant milestone in our international expansion strategy,” said Mr. Charles Ng, Chief Operating Officer of Primech AI. “Being invited by Enterprise Singapore to represent Singapore’s innovation ecosystem at such a prestigious global event validates our technological achievements and opens doors to potential collaborations across European markets.”
During the two-day summit, the Primech AI team presented its innovation pitch focused on the HYTRON, AI-powered autonomous bathroom cleaning robot technology, highlighting its advanced AI capabilities, 3D-cleaning functionality, and the use of electrolyzed water for enhanced sanitation. The presentation demonstrated how Primech AI’s solutions address critical challenges in the facility services industry, including labor shortages, increasing hygiene standards, and sustainability requirements.
A key enabler behind HYTRON’s performance is the NVIDIA Jetson Orin Nano Super, a cutting-edge System-on-Module (SoM) designed for robust edge AI and robotics applications. By integrating NVIDIA’s advanced hardware and software technologies—including CUDA, TensorRT, cuDNN, and the NVIDIA Driver—Primech AI has significantly boosted HYTRON’s real-time data processing capabilities, enabling greater autonomy, precision, and responsiveness in demanding cleaning environments.
The Company engaged with numerous potential partners and customers from various sectors, including commercial property management, healthcare, hospitality, and public transportation, exploring opportunities to implement its autonomous cleaning solutions across European markets.
The Global Innovation Summit served as a platform for Primech AI to connect with international technology partners, distributors, and end-users interested in next-generation cleaning solutions. These engagements have already resulted in several promising partnership discussions that could accelerate the Company’s European market entry strategy.
“The response to our technology at HANNOVER MESSE exceeded our expectations,” said Mr. Kin Wai Ho, Chief Executive Officer of Primech Holdings. “We identified significant interest from European facility management companies seeking to integrate autonomous cleaning solutions into their operations. The connections made at this event will be instrumental in our international growth plans.”
About the Global Innovation Summit 2025 The Global Innovation Summit is Eureka’s flagship event organised as part of HANNOVER MESSE, the world’s leading trade fair for industrial technology. The summit brings innovators, industry leaders, policymakers, and investors together to explore emerging technologies and foster international collaborations. The 2025 edition focused on sustainable industrial solutions, AI applications, and automation technologies transforming traditional industries.
About Primech AI Primech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visitwww.primech.ai.
About Primech Holdings Limited Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.
Forward-Looking Statements Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.
MAPLE GROVE, Minn., April 22, 2025 (GLOBE NEWSWIRE) — TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, held a food drive during the month of March for the MN FoodShare March Campaign benefitting three local non-profits, Community Emergency Assistance Programs (CEAP), Hope 4 Youth and Keystone Community Services. TopLine members and employees generously donated non-perishable food items of canned vegetables, soups, rice, dry pasta, and more to help fight hunger in our local communities.
Employees were able to participate by donating non-perishable food items and money in exchange for a “Foundation Friday/Saturday” sticker, allowing them to wear jeans to work. TopLine and community members could also purchase items from an Amazon Wishlist or Target Registry and have them delivered directly to TopLine, and in return delivered to the charitable partners. When the program ended TopLine employees and members had donated over 574 pounds of food items and $1,155 in cash to assist local individuals and families.
“We frequently receive feedback from our non-profit partners that food supplies decrease during the initial months of the year following a surge in holiday donations,” said Mick Olson, President and CEO of TopLine Financial Credit Union. “Through the generous contributions of our TopLine family, including members and employees, we aim to alleviate some of the stress associated with food insecurity. By collaborating with other donors, we are optimistic that our collective efforts will strengthen our local communities and provide vital support to those in need of food assistance.”
Minnesota FoodShare began its work in 1982 as a campaign advanced by congregations to restock food shelves in the 7-county Twin Cities Metropolitan Area. The effort was so successful, and the need so evident, the March campaign became a statewide initiative just one year later and is now in its 44th year. Minnesota Foodshare March Campaign is the largest grassroots food and fund drive in the state and helps support the capacity of nearly 300 food shelves. Each year, CEAP, Hope 4 Youth and Keystone Community Services participate in the statewide food and fund drive to restock pantry shelves.
Community Emergency Assistance Programs (CEAP), serving Hennepin and Anoka Counties, is a community-based, non-profit agency dedicated to providing information, referrals, advocacy and assistance to local communities. Visit www.ceap.org to learn more.
Hope 4 Youth is a nonprofit organization in Anoka County that helps young people, ages 16-24, who are experiencing homelessness in the northern Twin Cities metro area. To learn more, visit www.hope4youthmn.org.
Keystone Community Services is a community-based volunteer organization in St. Paul that helps thousands of low-income individuals and families in the East Metro Area. Keystone’s mission is to strengthen the capacity of individuals and families to improve their quality of life. Visit www.keystoneservices.org to learn more.
TopLine Financial Credit Union, a Twin Cities-based credit union, is Minnesota’s 9th largest credit union, with assets of over $1.1 billion and serves over 70,000 members. Established in 1935, the not-for-profit financial cooperative offers a complete line of financial services from its ten branch locations — in Bloomington, Brooklyn Park, Champlin, Circle Pines, Coon Rapids, Forest Lake, Maple Grove, Plymouth, St. Francis and in St. Paul’s Como Park — as well as by phone and online at www.TopLinecu.com or www.ahcu.coop. Membership is available to anyone who lives, works, worships, attends school or volunteers in Anoka, Benton, Carver, Chisago, Dakota, Hennepin, Isanti, Kanabec, Mille Lacs, Pine, Ramsey, Scott, Sherburne, Washington and Wright counties in Minnesota and their immediate family members, as well as employees and retirees of Anoka Hennepin School District #11, Anoka Technical College, Federal Premium Ammunition, Hoffman Enclosures, Inc., GRACO, Inc., and their subsidiaries. Visit us on our Facebook or Instagram. To learn more about the credit union’s foundation, visit www.TopLinecu.com/Foundation.
CONTACT: Vicki Roscoe Erickson Senior Vice President and Chief Marketing Officer TopLine Financial Credit Union verickson@toplinecu.com | 763.391.0872
Pope Francis’ journey from the streets of Flores, a neighbourhood in Buenos Aires, Argentina, to the Vatican, is a remarkable tale.
Born in 1936, Jorge Bergoglio was raised in a middle-class family of Italian Catholic immigrants.
Bergoglio defied his mother’s wish for him to become a medical doctor and chose instead to pursue priesthood, a calling he felt during confession. The young man joined the Jesuits in the 1950s, attracted to the order’s vow of poverty and its ethos of serving others and living simply.
He became a priest in 1969, Archbishop of Buenos Aires in 1998, and took on the papacy in 2013. As Pope Francis, his dedication to social justice was deeply rooted in the Latin American context.
The region’s history of inequality, poverty and political upheaval greatly influenced his perspective.
The young Argentinian priest
Bergoglio, a devoted supporter of the San Lorenzo soccer team, was also a confident tango dancer, mate drinker, and an unconditional admirer of his compatriot, Jorge Luis Borges, one of the most influential writers of the 20th century.
In 1965, the two men collaborated on the publication of short stories written by Bergoglio’s literature students. The students had been inspired by a seminar led by Borges, organised by the young priest.
Borges thought highly of Bergoglio, finding him charming and intelligent. For Borges, Bergoglio was a Jesuit through and through, noting the clerics of that order had been historically transgressive as well as possessors of a good sense of humour.
While Borges never saw him transformed into Pope Francis, his observations somehow fit with the respect Bergoglio earned as a global leader.
Theology of the people
As Archbishop of Buenos Aires, he lived modestly, often taking public transport and dedicating himself to the poor and disenfranchised. He personally attended the needs of underprivileged neighbourhoods known as villas miseria (literally “misery towns”) in Argentine Spanish.
He was a vocal opponent to economic inequality. During the 2001 Argentine economic crisis he advocated for the rights and dignity of impoverished citizens.
Pope Francis hails from a region deeply influenced by the progressive movements of Catholic priests and nuns, who were significantly inspired by liberation theology during the 1960s in Latin America.
Liberation theology developed in Latin America during the latter part of the 20th century, as a reaction to significant political and theological transformations in the area. It believed in political liberation for the oppressed, inspired by the Cuban Revolution and Second Vatican Council by Pope John XXIII, both in 1959.
While Francis did not fully subscribe to the tenets of liberation theology, much of his dedication to social justice aligns with its ideals. Pope Francis’ social awareness was deeply shaped by the “theology of the people”.
Distinct to Argentina, and emerging in the 1960s, the theology of the people shared liberation theology’s focus on social justice, but is devoid of Marxist ideology, and emphasises the dignity and agency of the marginalised and the impoverished.
During Argentina’s dictatorial regime from 1976–83, Bergoglio led the Jesuits. But he did not adopt the highly dangerous stance of full opposition typical among liberation theologians elsewhere in Argentina and other parts of Latin America.
Commenting on Latin American affairs
In his early years as the Pope, he resonated with progressive Catholics across Latin America, because of his grounding in Argentinian theology and his focus on social justice. But in recent years, his popularity in some Latin American countries declined.
In Argentina, this dip in enthusiasm is partly attributed to his decision not to visit, despite travelling to neighbouring nations.
More profoundly, the decline likely stems from his fixed stance against contentious issues such as same-sex marriage and abortion. To the disappointment of many Argentines and other Latin American citizens, he refused to compromise.
Throughout his papacy, Pope Francis received all Argentine presidents – even those who were previously critical of him, such as Cristina Fernández de Kirchner.
He maintained a strong connection to his Buenos Aires roots and remained engaged with Argentina’s social and political landscape, often commenting on situations that provoke strong reactions from politicians.
He was a critic of policies instituted by the current President of Argentina, Javier Milei, particularly Milei’s libertarian model of economy and the government’s brutal response to public dissent and opposition. In September 2024, the Pope famously said:
the government put its foot down: instead of paying for social justice, it paid for pepper spray.
An alternative model of leadership
By reflecting on how Pope Francis’ theology is rooted in the Argentina he grew up in, we can better understand his actions as Pope.
He appointed clergymen from non-European countries, enhancing representation from Asia, Africa and Latin America and increased the participation of women within the Church’s leadership structures.
His landmark encyclical, Laudato Si’, underscored the moral imperative to address climate change, inspiring accolades from global leaders. His critique of Israel and the conflict in Gaza underscored his consistent opposition to war and advocacy for peace.
Despite existing tensions and contradictions within his papacy – particularly regarding the Church’s stance on LGBTQIA+ issues and women’s rights – Pope Francis’s approach to global issues remained steadfast and aligned with his core values, and the Buenos Aires he came of age in.
Francis’s leadership is a product of his upbringing and a catalyst for regional and global dialogue on social justice.
The profound influence of the Latin American region on him is well captured by long time friend, Uruguayan lawyer and activist, Guzman Carriquiry who described the Pope as:
Priest, and profoundly priest; Jesuit and profoundly Jesuit; Latin American, and profoundly Latin American.
Fernanda Peñaloza does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
The Isle of Man government has said it is “fully committed to environmental protection and transparency” regarding its Unesco biosphere status – despite admitting that legacy landfill sites are discharging hazardous chemical contaminants into the sea.
The Isle of Man is a self-governing island in the Irish Sea between the UK and and Ireland. It is not part of the UK or the European Union, but has the status of “crown dependency” with an independent administration. Its population of about 84,000 people are British citizens.
But polychlorinated biphenols (PCBs) – synthetic industrial chemicals once used to make electricals and other materials – continue to be released into the waterways and the sea.
Although the production of PCBs was banned globally in the 1980s, they still exist in many products, like electrical equipment, much of which lingers in landfills and so they continue to pose a risk to ocean health. Research has shown how legacy contaminants such as PCBs can be released from hundreds of thousands of coastal landfills across Europe – and the Isle of Man is no different.
Evidence has been accumulating for years about PCB discharges on the Isle of Man and much of it is on the government’s own website.
For example, 4,000 tonnes of toxic silt from harbour dredging – which included PCBs and heavy metals was dumped in the Irish sea in 2014. This “trial dump” was despite environmental and legal advice from its marine monitoring officer that this would be ignoring international agreements and would be damaging to the environment.
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Then in 2015 – a time when it would have been putting together its Unesco application – the island government compiled a document, titled “the Peel Marina silt questions and answers” in which it discussed further toxic waste dumping options. It states:
Disposing of 18,000 tonnes of contaminated sediments from the marina directly to the sea bed would have had a negative impact on the species involved. Testing carried out by Defa [Department of Environment, Food and Agriculture] officers had already identified the likelihood that earlier disposal of 4,000 tonnes into the sea had contributed to rises in contaminants within commercial fisheries species to levels approaching EU food safety standards.
That batch of 18,000 tonnes of contaminated silt, collected after harbour dredging in Peel harbour, was eventually moved to a sealed pit.
But it is the ongoing situation with legacy landfills which is seeing PCBs continuing to leach into the sea – a situation that the island government admits will not be entirely solved until the construction of a wastewater treatment plant (building is due to start on the plant in April 2025).
But despite its pledges of being a destination with a “fantastic seascape…and coastline”, contaminated leachate from decommissioned landfill continues to drain into the marine environment.
The Isle of Man applied for the biosphere reserve status in 2013, which was awarded in 2016 based on the submission of a comprehensive 250-page nomination document. But there was no mention of toxic landfill leachate or the dumping of thousands of tonnes of contaminated harbour silt which later came to light.
The Isle of Man government told The Conversation that Unesco was aware of the discharges and that “biosphere status is not a hallmark of perfection”. It said its PCB discharges are in line with those of the UK.
But it raises the question of whether such pollution can be in line with the spirit of the biosphere status.
It is important to be clear that the Isle of Man is not unique in the British Islands in having managed disposal or unintentional discharges of legacy industrial wastes to the sea.
My team’s research (Patrick Byrne’s) documents thousands of coastal landfills in England and Wales, many of which discharge hazardous materials to the sea through leachates or erosion.
A Unesco biosphere reserve is not supposed to be perfect – almost nowhere is. But it should be a model for how we protect and sustainably manage our environment, including how we address legacy pollution. Why not highlight the issue of legacy industrial wastes as a challenge to be met?
The Isle of Man government rejects the idea that it misrepresented any of the facts around its environmental credentials.
But when The Conversation put the details to Unesco, it said it had not been made aware of previous dumping of toxic silt containing PCBs in 2014 and added that the first time the issue was raised with them was “in late 2023”.
A spokesperson said: “At the time of the nomination, the International Committee of the Unesco Biosphere Programme was not aware of this issue.”
The government told The Conversation it included “all information relevant for consideration by Unesco” when it made its application, but said certain discharges were not in the “zonation area” and that “nowhere is perfect”.
The major concern is about being open and honest with the public and Unesco about the environmental challenges and potential human health concerns associated with legacy pollutants like PCBs. It is entirely possible that the Isle of Man’s Unesco status would still have been granted if Unesco had been fully aware about the dumping at sea.
Landfills
The Conversation spoke to Calum MacNeil, a freshwater scientist who worked for the Isle of Man government for 13 years. He now works for a research institute in New Zealand but has been flagging concerns about contamination from toxic silt. Together with his help, we spent months gathering all of the evidence, checking the facts and joining the dots between silt dredged from a harbour, landfills and sealed pits aimed at temporarily dealing with this legacy pollution.
On the Isle of Man, historic landfills dating back to the 1940s are unlined so they are not sealed. After heavy rain, pollutants can wash away and leach out into the surrounding environment.
According to a 2017 news report, the government stated that the leachate “does not pose a risk to people swimming in Peel Bay” because it’s diluted by seawater. MacNeil insists that this is “a crucial admission” because he believes that the government cannot scientifically prove that any public exposure to PCB contamination is ever safe.
MacNeil said: “I feel there needs to be international scientific and legal scrutiny of all of this. I believe both Unesco and the UK government’s Department for Environment, Food and Rural Affairs (Defra) have a responsibility here as well given the international agreements involved and the biosphere designation. Given the biosphere status, surely the Isle of Man government should be acting not just to the letter of the law but in the spirit of the law.”
Regulations
While various international regulations govern levels of chemical contamination in leachate in and immediately around old landfills, the same rules do not apply to anything that is deliberately dumped or discharged directly into rivers or the sea.
Isle of Man legislation called the Water Pollution Act 1993 outlines that any discharge or dumping must abide by any and all relevant international agreements that apply to the Isle of Man.
MacNeil argues that the onus should be on the Isle of Man government to prove that any discharge of PCBs is legal under international agreements.
Tourists and local residents swim all year round in bathing waters such as Peel Bay, and praise for this nation’s marine conservation achievements is vast. Last summer, the Isle of Man was even nominated for the “most desirable island in Europe” travel award hosted by magazine Wanderlust.
With goals to grow annual visitor numbers to 500,000, a thriving ecotourism industry could contribute an estimated £520 million by 2032. According to the island’s tourism agency, Visit Isle of Man, it aims to be “a leading British ecotourism destination that provides a range of opportunities for visitors to connect with our unique nature and wildlife”.
Contaminated silt was allegedly dredged from Peel harbour and dumped out at sea. Daniel Sztork/Shutterstock
As one 2022 study explains, biosphere reserves are “learning sites for sustainable development”. Researchers point out that a coherent and holistic approach on the Isle of Man is not necessarily easy to achieve, in part because the biosphere is managed by one government department (Defa) with a remit for environment, food and agriculture, resulting in “age-old tensions between farming and conservation”.
The Isle of Man government’s website states: “Our biosphere status encourages us to learn about and cherish what we have in the Isle of Man and safeguard it for the future by making good decisions, as individuals, as organisations and as an island. It tells potential new residents and visitors that we are a special place for people and nature and have a conscience.”
But without openly acknowledging the legacy pollution challenges, they are literally being buried for future generations. This ultimately undermines local, national, and international efforts to learn and move forward in a sustainable way, which is at the heart of the Unesco biosphere philosophy.
A spokesperson for the Isle of Man government said:
“The Isle of Man government remains fully committed to environmental protection and transparency regarding its Unesco Biosphere status. We reject any assertion that the government has acted to misrepresent environmental matters in its Unesco application.
“All relevant data and policies have been developed in line with scientific evidence and regulatory frameworks. The Isle of Man government conducts rigorous environmental monitoring, including assessments of water quality and potential contaminants, to ensure compliance with established safety standards.
“The Isle of Man has legacy landfill sites similar to those found in the UK, Europe and around the world which leach contaminants, including PCBs, into the marine environment. Details of PCB discharges from UK landfills can be found on the UK Pollutant Release and Transfer Register (PRTR) data sets where the pollutant threshold below which data is not required to be submitted for PCBs in water is stated as 0.1kg.
“The level of PCBs entering the marine environment in the Isle of Man is slightly lower than the average throughout the Irish Sea as determined by sediment and biota samples.
“The leachate discharge from the historic Raggatt landfill, which closed in 1990, is planned to be discharged to Peel Wastewater Treatment Plant which has recently received planning permission and construction expected to commence by April 2025.
“As stated on the Department of Environment, Food and Agriculture’s pollution control monitoring webpage: ‘Independent advice from Phoenix Engineering is that this would represent the best available technology to manage and control emissions of PCBs present in Raggatt landfill leachate to the marine environment in Peel.’
“Due to historic mining, heavy metals such as lead are known to flow down the river and accumulate in silt at Peel Marina, which has previously exceeded Cefas action level 2 where sediments are considered unacceptable for uncontrolled disposal at sea without special handling and containment. No further deposits to sea of Peel dredging silt have been made since 2014, and a catchment management plan is currently being developed to reduce this contamination at Peel Marina.
“The aim for all Unesco Biospheres is to improve our environment; something which the Isle of Man has consistently strived to achieve since accreditation in 2016.”
A spokesperson for Unesco said:
“Unesco first received information on this issue in late 2023, which was then relayed to the relevant government authorities for comments. Unesco was informed that the situation appeared to stem from the presence of a UK historic landfill which is being followed through a comprehensive monitoring programme.
“Following Unesco’s request, the UK Department for Environment, Food & Rural Affairs confirmed that ‘it is in line with the UK government’s responsibilities under the Ospar convention, and are satisfied the Isle of Man government is taking all possible steps to prevent and eliminate pollution of PCBs from land-based sources entering the marine environment in line with Article 3 of the Ospar convention’.
“In the original application dossier, the Isle of Man committed to ‘take responsibility for overseeing salvage and pollution counter-measures in order to comply with international conventions’. It also committed to observing a range of multilateral environmental agreements (MEAs).
“As the Isle of Man Biosphere Reserve was designated in 2016, its periodic review is scheduled for 2026. Unesco will make all information available to the Intergovernmental Committee in charge of examining the renewal of the status.”
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Patrick Byrne receives funding from the UK Natural Environment Research Council.
Anna Turns does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
Headline: Russian organizations targeted by backdoor masquerading as secure networking software updates
As we were looking into a cyberincident in April 2025, we uncovered a rather sophisticated backdoor. It targeted various large organizations in Russia, spanning the government, finance, and industrial sectors. While our investigation into the attack associated with the backdoor is still ongoing, we believe it is crucial to share our preliminary findings with the community. This will enable organizations that may be at risk of infection from the backdoor to take swift action to protect themselves from this threat.
Impersonating a ViPNet update
Our investigation revealed that the backdoor targets computers connected to ViPNet networks. ViPNet is a software suite for creating secure networks. We determined that the backdoor was distributed inside LZH archives with a structure typical of updates for the software product in question. These archives contained the following files:
action.inf: a text file
lumpdiag.exe: a legitimate executable
msinfo32.exe: a small malicious executable
an encrypted file containing the payload (the name varies between archives)
After analyzing the contents of the archive, we found that the action.inf text file contained an action to be executed by the ViPNet update service component (itcsrvup64.exe) when processing the archive:
[ACTION]
action=extra_command
extra_command=lumpdiag.exe—msconfig
As evident from the file content above, when processing extra_command, the update service launches lumpdiag.exe with an –msconfig argument. We mentioned earlier that this is a legitimate file. However, it is susceptible to the path substitution technique. This allows attackers to execute the malicious file msinfo32.exe while lumpdiag.exe is running.
Downloadable payload
The msinfo32.exe file is a loader that reads the encrypted payload file. The loader processes the contents of the file to load the backdoor into memory. This backdoor is versatile: it can connect to a C2 server via TCP, allowing the attacker to steal files from infected computers and launch additional malicious components, among other things. Kaspersky solutions detect this threat as HEUR:Trojan.Win32.Loader.gen.
Multi-layered security is key to preventing sophisticated cyberattacks
The complexity of cyberattacks carried out by APT groups has significantly increased over the years. Attackers can target organizations in highly unusual and unexpected ways. To prevent sophisticated targeted attacks, it is essential to employ multi-layered, defense-in-depth security against cyberthreats. This is the type of security architecture implemented in our Kaspersky NEXT product line, capable of protecting businesses from attacks similar to the one described in this article.
Ana Stewart appointed as Chief Entrepreneur as Ecosystem Fund reopens.
Businesswoman and investor Ana Stewart has been appointed the Scottish Government’s new Chief Entrepreneur.
Ms Stewart, who also co-authored a landmark “Pathways” report on supporting women in entrepreneurship in 2023, will take up the role until July 2026.
The Chief Entrepreneur’s remit includes:
acting as the chief advisor to Government on growing the start-up and scale-up economy. This includes key priorities such as implementing the Pathways report, optimising existing programmes and initiatives, growing Scotland’s risk capital market and working with universities to increase the number of spinout companies who reach scale.
engaging closely with investors and entrepreneurs, ensuring that Government policy and delivery is shaped by business.
making sure entrepreneurship is instilled in the education and skills systems, with clear routes established to setting up a business
Deputy First Minister Kate Forbes and Ms Stewart visited the offices of Inspirent, a social enterprise based in Hamilton, to mark the appointment and launch a new round of the Scottish Government’s Ecosystem Fund.
Inspirent will be the delivery partner of this year’s £700,000 fund, which is focused on developing the strength and impact of Scotland’s start-up community by funding organisations and programmes that support new companies to start and grow.
The application process is being fully digitised from this year through a dedicated online portal, enabling faster funding decisions and expanding opportunities for grassroots initiatives and community-led projects across Scotland.
£2.6 million has been awarded to 75 innovative projects through the Ecosystem Fund since it launched in 2021-22.
Deputy First Minister Kate Forbes said:
“It is vital to Scotland’s economic resilience that we support our business community – particularly those taking their first steps. Ana Stewart is an exceptional talent with deep experience of starting, scaling and investing in some of Scotland’s best companies, and will ensure we are well-placed to deliver this support.
“Scotland is home to some of the world’s brightest business minds, ideas and innovators. The Scottish Government is committed to helping deliver an end-to-end support network that nurtures this talent and helps this and future generations of business founders to thrive.
“To deliver truly meaningful, strategic support, it is vital we continue to listen to and learn from entrepreneurs and the wider business community. Ana Stewart brings the insight, lived experience and connections needed to shape and accelerate our policies and deliver for Scotland’s start-up talent.”
The Scottish Government’s Chief Entrepreneur Ana Stewart said:
“Leveraging my own lived experience as an entrepreneur and investor, I am looking forward to contributing to the development and optimisation of the Scottish Government’s entrepreneurship strategy.
“Entrepreneurship is the engine room for economic growth and it’s essential that we provide more pathways, increased access and accelerated funding to current and future founders, whilst ensuring private and public sector are aligned in making that happen.”
Founder of Ecosystem Builders Network, a previous Ecosystem Fund recipient, Bruce Walker said:
“The Ecosystem Fund has been a vital catalyst for Scotland’s entrepreneurial community, enabling grassroots organisations to provide meaningful support to founders. It has allowed us to deliver targeted programmes to help entrepreneurs build resilient businesses, scale their impact and connect with global networks, as well as strengthen ecosystem builders across Scotland.
“For many early-stage founders, this support comes at a critical time, bridging the gap between ambition and action. Beyond individual ventures, the fund has helped strengthen the connective tissue of the wider ecosystem, empowering local leaders to foster inclusive, sustainable growth across sectors. Its impact continues to ripple through the community, creating a more collaborative, vibrant entrepreneurial landscape in Scotland.”
Background
Applications for the 2025-26 Ecosystem Fund are open until Monday 20 May. The application portal and further information can be found on a new dedicated Ecosystem Fund website: www.ecosystemfund.co.uk
The Chief Entrepreneur role was established in 2022 as a commitment to delivering the National Strategy for Economic Transformation. Ms Stewart has elected not to be paid for the role. She has agreed with Ministers that funds earmarked for her remuneration will be reinvested in the Scottish start-up economy.
The Scottish Government will invest £34.7 million across entrepreneurship, innovation and social enterprise in 2025-26 – a 50% increase on 2024-25.
The Scottish Government’s Economic Development Directorate has awarded a £50,000 grant to Pathways Forward, a non-profit organisation established by Ana Stewart to drive the private sector’s contribution to the implementation of Pathways. The grant will enable the organisation to continue its work in Ana’s day-to-day absence.
National rollout of new Scottish benefit for pensioners
Pension Age Disability Payment is now open for applications across Scotland. The national rollout follows successful pilots in 18 local authority areas, which began in October.
It is the fifteenth benefit to be delivered by the Scottish Government and it is replacing the UK Government’s Attendance Allowance, delivered by the Department for Work and Pensions.
Pension Age Disability Payment is for disabled people or those with a long-term health condition that means they need help looking after themselves or supervision to stay safe. It is available to people of State Pension age and is also available to pensioners who are terminally ill.
People currently getting Attendance Allowance do not need to take any action; the transfer will happen automatically in phases throughout 2025. Everyone will continue to receive their payments on time and in the right amount.
Social Justice Secretary Shirley-Anne Somerville said:
“The national launch of Pension Age Disability Payment is an important milestone in the development of our social security system, that will treat everyone with dignity, fairness and respect.
“The pilot phases have allowed us to put our different approach into practice, learning and improving before rolling the benefit out across Scotland.
“It is vital older people who are disabled, terminally ill or those who have care needs get the money they need to help them look after themselves, stay safe and live with dignity.
“The Scottish Government is committed to ensuring everyone gets the financial support they’re entitled to and this has not changed following the UK Government’s announcement on benefit reforms.”
Chief Executive at Age Scotland, Katherine Crawford said:
“Pension Age Disability Payment will be a vital means of support for older people who have a disability or long-term health condition.
“With rising bills and cost of living stretching many beyond their means, it’s vital that older people are not missing out on any financial support.
“If you are unsure of your eligibility or looking for support with an application, please don’t hesitate to get in touch with the Age Scotland helpline on 0800 12 44 222, use our online benefits calculator at www.age.scot/benefitscalculator, or book a place on one of our new workshops which are designed to support and give guidance to anyone who is considering an application for themselves or someone else www.age.scot/benefitsworkshops.”
Lynda O’Neill, Project Manager at The Daffodil Club in Easterhouse, said “I know from working with older people with disabilities how costly it can be. I’ve helped people to apply for support and would encourage anyone who thinks they could be eligible or knows someone who could be eligible to apply.”
More information about Pension Age Disability Payment including who is eligible and how to apply can be found at: www.mygov.scot/pensiondisability
Background
On 22 April 2025 the benefit extended to 14 more areas – Dumfries and Galloway, East Dunbartonshire, East Lothian, East Renfrewshire, Edinburgh, Glasgow, Inverclyde, Midlothian, North Lanarkshire, Renfrewshire, Scottish Borders, South Lanarkshire, West Dunbartonshire and West Lothian.
Pension Age Disability Payment is replacing Attendance Allowance in Scotland. People in Scotland who are getting Attendance Allowance from the Department for Work and Pensions do not need to do anything as their award transfer will happen automatically. Social Security Scotland will write to people to let them know when this is happening and when this is complete. Social Security Scotland aims to complete case transfer for everyone by the end of 2025. Until people receive the letter from Social Security Scotland to tell them their transfer is complete, they should continue to report any change in circumstances, including a terminal illness diagnosis, to the Department for Work and Pensions.
Pension Age Disability Payment launched on 21 October 2024 in five pilot areas – Aberdeen City, Argyll and Bute, Highland, Orkney and Shetland. It rolled out to 13 more areas on 24 March – Aberdeenshire, Angus, Clackmannanshire, Dundee City, East Ayrshire, Falkirk, Fife, Moray, Na h-Eileanan Siar (Western Isles), North Ayrshire, Perth and Kinross, South Ayrshire and Stirling. The payment is available throughout Scotland from 22 April 2025.
It is not means-tested and is worth between £295 and £441 a month depending on the needs of the person who gets it.
Social Security Scotland has started transferring the awards of 169,000 people in Scotland who currently receive Attendance Allowance to the new benefit.
Eligible people who have been diagnosed with a terminal illness are automatically entitled to the higher rate of care and can apply under special rules for terminal illness. This means that Social Security Scotland will prioritise their application. People who are already getting Pension Age Disability Payment and later receive a terminal illness diagnosis can also report this diagnosis to Social Security Scotland under the special rules for terminal illness to ensure they get the support they are entitled to.
Social Security Scotland’s accelerated application process for people who are terminally ill is open to any eligible person who has a terminal illness diagnosis, no matter how long they’re expected to live. This is different to the Department for Work and Pensions, who only class someone as terminally ill if they are expected to live for 12 months or less.
Pension Age Disability Payment was designed with the people who will be eligible for the benefit and those who support them. Improvements include a streamlined process for people to nominate a third-party representative who can support them in their interactions with Social Security Scotland – something that older disabled people told us was important to them.
Social Security Scotland can help people to apply, with face-to-face support available from advisers based in communities across the country.
Help is also available from independent advocacy service Voiceability who are funded by the Scottish Government to help disabled people applying for devolved benefits.