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Category: Entertainment

  • MIL-OSI United Kingdom: Leader’s Report – June 2025

    Source: Scotland – City of Edinburgh

    Latest news from the Council Leader Jane Meagher.

    Driving attainment in our schools

    As we near the end of the school term, I want to begin by recognising the hard work and achievements of our children, young people, teachers and school staff throughout the year.

    I was particularly pleased to hear that the attainment of our school leavers has improved across almost all measures, with the gap narrowing between the performance of the most and least disadvantaged young people in our schools.

    These results are due, at least in part, to our curriculum pathways programme, which offers our secondary pupils the opportunity to enjoy a varied and engaging school day while seeing clear connections to future career opportunities.

    Our construction, roofing and stone carving courses, for example, help students in S4 to S6 to develop practical skills while also gaining qualifications that help them to map out a career path beyond school. It’s testament to this work that 95% of our school leavers are now going on to positive destinations.

    To all of our pupils who recently sat their exams, I wish you all the best of luck with your results in August. Pupils, teachers and staff have put in a tremendous amount of hard work preparing for exams and I know many parents, carers and wider family members will also have been encouraging their children to do their best.

    And to our school leavers, I wish you the very best as you embark on your next journey, whether in the workforce or further education.

    Cleaner, greener travel

    Earlier this month we marked one year since we began enforcement of our Low Emission Zone (LEZ). With Clean Air Day (19 June) coming up next week, this anniversary is a timely reminder of the importance of restricting the most polluting vehicles and improving air quality in our busy city centre.

    Air pollution is associated with between 29,000 and 43,000 deaths a year in the UK alone, with both the World Health Organisation and the UK Government citing it as the largest environmental threat to our health. It was reassuring then to hear both NHS Lothian and Asthma + Lung UK praising our scheme.  

    The good news is we’re seeing wider benefits across our network with the Institute of Occupational Medicine finding a statistically significant shift towards active travel and public transport in the six months following LEZ enforcement.

    Recent data suggests further positive outcomes from new active travel projects such as Leith Connections (20% increase in pedestrian numbers) and Leith Walk (40% increase in cycling numbers), with Cycling Scotland also reporting record journeys on the City Centre West to East Link (CCWEL) and at Picardy Place.

    Meanwhile Edinburgh Trams and Lothian Buses both continue to report improving passenger numbers and performance following their respective Operator of the Year accolades at the National Transport Awards 2024.

    Building a strong and stable third sector

    Tackling poverty remains a key priority for us – but we can’t achieve this without the third sector. Yet worryingly, with funding becoming ever scarcer, our population growing and more people struggling with the cost of living, many charities are in a precarious position.

    It’s clear to me that we need to find a more sustainable way forward for a sector that brings so much good. That’s why we’ve asked the Edinburgh Partnership to conduct a review of how it supports and works with third sector organisations across the city, and ultimately to find solutions for improving funding certainty in future years.

    We want to hear about how we can make it simpler, provide more stability, and collaborate to help those who need this sector’s support most. Please share your views on our Consultation Hub. Results will be shared with everyone who takes part and with the third sector, before being reported to our next Policy and Sustainability Committee in August.

    Farewell Sir Tom

    I was saddened to hear of the passing of Sir Tom Farmer last month. A proud Leither, generous philanthropist and true son of Edinburgh whose influence reached far beyond our city’s boundaries.

    Sir Tom was a recipient of the Edinburgh Award, and his handprints remain immortalised in the City Chambers Quadrangle, a lasting tribute to a life of service, innovation, and generosity. Best known as the founder of Kwik Fit, he transformed the automotive industry, building a business that grew to over 2,000 locations across 18 countries and, of course, owned a majority stake in Hibernian FC for 28 years. I have no doubt he was looking down proudly as Hibs Ladies clinched the league title for the first time in 18 years.

    Yet, his legacy extends well beyond his entrepreneurial success. Born in Leith in 1940, his roots in the community remained strong throughout his life. His service was recognised with a knighthood in 1997, and again in 2009, when he was made a Commander of the Royal Victorian Order (CVO) for his charitable work. He also received the Carnegie Medal for Philanthropy and was named a Knight Commander with Star of the Order of St Gregory the Great, an honour bestowed by the Pope.

    Sir Tom’s final journey took him through the streets of Leith, past Easter Road Stadium, where hundreds of Hibs fans gathered to pay tribute to a man whose kindness, leadership and civic pride have left a lasting mark.

    Summer in the city

    The busy summer season is upon us once more. The city has already enjoyed the Edinburgh Children’s Festival, with the ever-popular Meadows Festival taking place last weekend.

    Looking ahead, the city is gearing up for a colourful and joyful celebration next weekend as the annual Pride Edinburgh march brings thousands together in the heart of the Capital. Pride is an important date in the city’s calendar and honours the diversity, history and dignity of our LGBT+ community. 

    Then, later this month, all eyes will turn to Ingliston for the Royal Highland Show (19–22 June), a highlight of Scotland’s summer and a showcase of rural life, food, and culture.

    The coming weeks will see the city filled with music, art, and performance, starting with the Edinburgh Castle concert series and the Edinburgh Jazz & Blues Festival in July. As we move into August, the city becomes the world’s stage with the Edinburgh Festival Fringe – boasting 3,350 shows and 265 venues this year – the International Festival, Book Festival, Art Festival, Film Festival, and the iconic Royal Edinburgh Military Tattoo.

    I’m also very much looking forward to the reopening of the Filmhouse on 27 June following a lengthy and well-coordinated campaign to save and refurbish it. I know this was a cause very close to the heart of our late friend and colleague, Val Walker, and how much joy this would have brought her.

    Our world-renowned festivals and events sustain our reputation as a global cultural capital, with the positives extending well beyond entertainment. You need look no further than the £200 million our Winter Festivals brought to the local economy last year.

    They also bring real energy and excitement to the city, alongside lasting benefits to our businesses, communities and local charities. From next July, they will help to raise even more (as much as £50 million per year) for the city, courtesy of our visitor levy. We’re continuing to make good progress towards its introduction and have just given our views to the Scottish Government on a potential Cruise Ship Levy, which could be worth a further million pounds to the city each year.

    Stay Different

    Of course, these events require meticulous planning and coordination to limit the inevitable pressure on the city and our residents – and I want to extend my thanks to the many colleagues across events, waste, public safety and our partner organisations, for ensuring they remain safe, inclusive, and successful.

    Another way we can relieve the pressure is to encourage visitors (and residents!) to leave the beaten track and explore the many other wonderful attractions we have across the city. That’s the message of our new destination visitor marketing campaign Stay Different, which reminds visitors that Edinburgh is a year-round destination and there is much to discover in our local neighbourhoods and beyond.

    A revealing glimpse into our past

    As if we didn’t have enough to do this summer, I’m very much looking forward to exploring three standout shows that offer powerful glimpses into our past.

    At the St Giles’ Cathedral, Edinburgh’s First Burghers: Revealing the Lives and Hidden Faces of Edinburgh’s Medieval Citizens presents an extraordinary mix of science, history, and storytelling. Marking the joint 900th anniversaries of Edinburgh and St Giles’ Cathedral, this unique exhibition brings to life the medieval citizens buried at the site and allows us to see the faces and learn the stories of some of our earliest residents.

    At the City Art Centre, meanwhile, John Bellany: A Life in Self-Portraiture showcases more than 80 works by one of Scotland’s most important modern artists. With never-before-seen sketchbooks and artworks displayed across two floors, this is a compelling insight into a life lived through art.

    MIL OSI United Kingdom –

  • MIL-OSI Canada: SPSA Fire Ban Revised to Area Between Provincial Forest and Churchill River

    Source: Government of Canada regional news

    Released on June 11, 2025

    The Saskatchewan Public Safety Agency (SPSA) has revised the provincial fire ban, which came into effect at 5 p.m. on June 10, 2025. The ban now encompasses a smaller area of the province – the area north of the provincial forest boundary, up to the Churchill River. This is the area that was previously covered under the initial fire ban announced on May 8, 2025.

    The fire ban continues to prohibit the use of All Terrain Vehicles (ATVs) and Utility Terrain Vehicles (UTVs), any open fires, controlled burns and fireworks in the designated boundary. This includes provincial parks, provincial recreation sites and the Northern Saskatchewan Administration District within the boundary.

    “Although we have seen improved fire conditions in the far north, it is still critical that residents take every precaution to prevent wildfires,” SPSA Vice-President of Operations Steve Roberts said. “The SPSA strongly encourages all residents to do their part to prevent fire starts and for all municipalities to examine the fire risk in their area.”

    The SPSA encourages all other municipalities, rural municipalities and communities to examine fire risks in their area and to consider implementing consistent fire bans to prevent unwanted human-caused wildfires. 

    Anyone who spots a wildfire can call 1-800-667-9660, dial 9-1-1 or contact their closest SPSA Forest Protection Area office.

    People can find an interactive fire ban map, frequently asked questions, fire risk maps and fire prevention tips at saskpublicsafety.ca.

    A list of fire restrictions in provincial parks and recreation sites can be found here.

    Established in 2017, the SPSA is a treasury board Crown corporation responsible for wildfire management, emergency management, Sask911, SaskAlert, the Civic Addressing Registry, the Provincial Disaster Assistance Program and fire safety. 

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    For more information, contact:

    MIL OSI Canada News –

  • MIL-OSI USA: Powering Data: NREL Partner Forum Puts Everything on the Table

    Source: US National Renewable Energy Laboratory

    NREL Announces Chip-to-Grid Consortium, Invites Collab Around Energy-Data Integration

    Andrea Watson, associate laboratory director for Innovation, Partnering, and Outreach at NREL, introduces the 2025 NREL Partner Forum. Photo by Agata Bogucka, NREL

    Over the past decade, energy demand from U.S. data centers has tripled—doubling in just the last two years. And the growth is not slowing down.

    Utilities are wondering where to add generation. Meanwhile, companies queue for that power. Governments are deciding what to permit, and residents are voicing their priorities. Rarely are they all in the same room, but for a productive two days, more than 300 participants gathered in Golden, Colorado, at the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) to strategize powering data centers during the 2025 NREL Partner Forum.

    For an issue that is fundamentally about connections—connecting data centers to the grid and connecting people to each other—NREL was a natural place to collaborate. In the shadow of full-scale grid assets, and next to an eminently efficient data center that supplies leading artificial intelligence (AI) research, attendees worked through the details of data and power systems.

    “That’s the magic of the Partner Forum,” said Andrea Watson, associate laboratory director for Innovation, Partnering, and Outreach at NREL. “We know we can do so much more together than on our own, so we host events like Partner Forum to facilitate better engagement with stakeholders and to develop better solutions for everyone. It’s how we drive NREL’s research impact.”

    Yes, More Power. And Different Power.

    “We are just getting warmed up,” keynote speaker Dean Nelson said, after showing numbers that prove the recent climb in data center capacity. Nelson’s career followed that same trajectory, and his insight helped frame both the big picture and the finer points.

    “We have to do this the right way, to balance the social, economic, ecological, and community preference. Like a Rubik’s Cube,” Nelson said.

    Dean Nelson, CEO of Cato Digital and Founder and Chairman of Infrastructure Masons, keynotes the NREL Partner Forum. Image by Agata Bogucka, NREL

    He ran through many of the major topics—like flexibility (“data centers must become active grid participants”), siting (“not moving power to data center, but data center to power”), and community approval (“master planning has to be with the communities”)—including one that resurfaced several times later: “Data centers create a giant amount of instantaneous demand.”

    “It’s like starting an engine a thousand times in a second,” Nelson remarked. “That’s why NREL is so important: Data centers can stabilize or destabilize the grid, and we have to know how.”

    Recent breakthroughs in chip design have packed more power consumption into the same-sized server rack, which means large and fast swings in electrical load. For the grid planners in the room, this was the crux of the problem.

    How To Connect Petaflops and Gigawatts

    When dealing with loads that are “the equivalent of bringing cities to the grid”—as Mason Emnett, senior vice president of Constellation Energy put it—competitive jostling for new generation might not work anymore.

    “What keeps me up at night is infighting over pieces of the pie, even though the pie is big enough,” Emnett said, responding to a panel prompt. “It creates friction in the regulatory space, instead of collaboration.”

    This map layers U.S. data infrastructure alongside power infrastructure to help visualize the overlap and simplify co-system planning. Perhaps with a holistic, nation-to-local perspective, there is enough of the “pie” to go around. Image by Billy Roberts, NREL

    Taking the whole-nation view, power transmission exists along certain corridors, as do data centers. If utilities, regulators, companies, and communities can collaborate, perhaps there is enough “pie,” including generation sources such as natural gas, solar and storage, hydrogen fuel, and in the case of Constellation’s planned restart of Three Mile Island, nuclear.

    Attendees bounced through many options to bring more power online and to better use the power that already exists.

    “There is no silver bullet,” emphasized Prasanna Joshi, vice president of low-carbon solutions technology at ExxonMobil. “We look at all solutions—carbon capture, natural gas generation, hydrogen-powered turbines. But equally important is software: using that chip more efficiently.”

    “Why not think about new market structures to incentivize large rotating machines?” asked a panelist from Idaho National Laboratory, in reference to the extra grid services that nuclear and other inertial plants provide but are uncompensated for.

    “Systems are in place to unlock grid flexibility, but the markets are not,” another agreed.

    “We need some form of battery to support that large on-off ramp of power,” added a panelist from an engineering firm.

    “Power electronics are the only way to overcome stability issues,” agreed another.

    Naturally, talk of more generation gave way to talk of local politics and whether people will accept any of this.

    Transmission Lines Over Vineyards

    A new power plant in the neighborhood is not on most residents’ wish list, and plenty of energy projects have met their fate at the picket line. But maybe people would play ball if they were on the pitch to start.

    “People want to make sure they’re benefiting at least as much as it’s costing them,” remarked Sherry Stout, laboratory program manager for NREL’s State, Local, and Tribal activities.

    Stout, who works closely with Tribes, reminded the forum that communities want to be part of the conversation. To get projects passed, everyone must be at the negotiation table.

    “You have to intentionally bring detractors,” Stout said. “The more you sideline, the more you might bring out a grassroots rejection.”

    Panelists discussed ideas like local incentive packages, such as development of a STEM workforce center to train for incoming jobs or diverting waste heat toward community buildings at no cost.

    Marc Aveni, assistant director with Loudoun County Virginia’s, Department of General Services, speaks about key considerations for optimal placement of new data centers at NREL’s Partner Forum. Image by Agata Bogucka, NREL

    In Loudoun County, Virginia, data center expansion caught the community off guard but resulted in a booming tax base. Loudoun’s Assistant Director of General Services Marc Aveni joined a panel to add the “local county employee” perspective.

    “It’s been a bit of a mixed bag. We’ve seen lots of positive revenues, but we didn’t have a good handle on energy and natural resource requirements. It presented a lot of challenges at the local government level,” Aveni explained.

    “We’re very happy to be partnering with NREL to work through our challenges,” Aveni said.

    Chip-to-Grid

    Like Loudon County, NREL has partnered with many, if not all, of the attendees, often helping partners evaluate pivotal energy investments. In the spirit of the forum, NREL Partnership Development Manager Bill Livingood announced an evolution of NREL capabilities: Chip-to-Grid.

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    Chip-to-Grid is a planned initiative aimed at creating a more seamless and integrated approach to data center development and “to address the problems that one stakeholder alone can’t solve,” Livingood said, like problems of interoperability and especially end-to-end utility to data center compatibility.

    Livingood presented Chip-to-Grid alongside Kent Crawford, director of engineering at Schneider Electric, which supports creating the consortium.

    “It takes us all,” Crawford reiterated. “None of this works unless it’s an interoperable system. We’ve got to go faster than faster, which means bringing together all the players.”

    This builds on NREL’s renowned Advanced Research on Integrated Energy Systems (ARIES) platform, as well as NREL’s work in projects like ARPA-E COOLERCHIPS. Forum attendees later toured NREL’s Energy Systems Integration Facility to appreciate the globally unique research capacity that makes endeavors like Chip-to-Grid feasible.

    Emerging Innovations With Appeal

    On day two, industry partners and investors alike heard about emerging technology ventures. Four startups, selected by NREL’s Innovation and Entrepreneurship Center, showcased how their technologies could transform the energy performance of data centers.

    Palanquin Power, a participant in NREL’s West Gate program, is rethinking rack-level power conversion with a DC-direct-to-server approach. Lucidean’s CEO introduced the company’s custom photonic chip that enables direct fiber optic networking with greater efficiency. Flexnode pitched modular, rapidly deployable data centers tailored for compute-intensive AI workloads. And Flux XII shared its vision for transforming intermittent energy sources into reliable baseload power using low-cost, long-duration storage.

    From optical switches to power electronics to flow batteries, the technical topics ran deep. But the predominant themes were never lost: collaborate to add new generation, innovate to advance chips and energy, and evaluate solutions collectively supported by NREL’s resources and expertise.

    Decide How To Power Data With NREL

    From decision support to whole-system analysis to real-power demonstrations, NREL is a leading institution for energy integration. It is where crosstalk occurs for industry, utilities, and governments and where solutions can move from concept to implementation.

    “Getting technology into the marketplace is in our DNA,” NREL Director Martin Keller said. “Our power is bringing everyone together to move this forward as fast as possible.”

    Learn more about partnering with NREL.

    MIL OSI USA News –

  • MIL-OSI: Game-Changing Crypto Casinos Recognized in All iGaming’s 2025 Gambling Report! (Expert Findings)

    Source: GlobeNewswire (MIL-OSI)

    New York City, June 11, 2025 (GLOBE NEWSWIRE) —  Crypto casinos and Bitcoin casinos are taking over in 2025 with fast transactions, top privacy, and epic features. Ready to dive in? All iGaming has your back with real reviews and tips on the best crypto casinos.

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    The MIL Network –

  • MIL-OSI: Lánasjóður sveitarfélaga – Niðurstaða úr skuldabréfaútboði

    Source: GlobeNewswire (MIL-OSI)

    Lánasjóður sveitarfélaga var með skuldabréfaútboð í flokkunum LSS 39 0303 og LSS151155 þann 11. júní 2025. Uppgjör viðskipta fer fram 16. júní 2025.

    Alls bárust tilboð í LSS 39 0303 að nafnvirði ISK 1.980.000.000 á bilinu 3,84% – 3,9%. Ákveðið var að taka tilboðum að nafnvirði ISK 800.000.000 á ávöxtunarkröfunni 3,84%. Útistandandi fyrir voru ISK 37.962.600.000 að meðtöldum eigin bréfum Lánasjóðsins vegna viðskiptavaktar (ISK 500.000.000). Heildarstærð flokksins er nú ISK 38.762.600.000.

    Alls bárust tilboð í LSS151155 að nafnvirði ISK 400.000.000 á bilinu 3,61% – 3,63%. Ákveðið var að taka tilboðum að nafnvirði ISK 400.000.000 á ávöxtunarkröfunni 3,63%. Útistandandi fyrir voru ISK 35.285.000.000 að meðtöldum eigin bréfum Lánasjóðsins vegna viðskiptavaktar (ISK 440.000.000). Heildarstærð flokksins er nú ISK 35.685.000.000.

    Nánari upplýsingar veitir Óttar Guðjónsson, framkvæmdastjóri, ottar@lanasjodur.is / s. 515 4949

    The MIL Network –

  • MIL-OSI: BoldSign® Wins Developer’s Choice in the 2025 Postman API Network Awards

    Source: GlobeNewswire (MIL-OSI)

    RESEARCH TRIANGLE PARK, N.C., June 11, 2025 (GLOBE NEWSWIRE) — Syncfusion®, Inc., the enterprise technology provider of choice, today announced that its eSignature solution, BoldSign®, won the Postman Developer’s Choice Award. Selected by Postman’s worldwide developer community, the award spotlights APIs that deliver exceptional user experience, measurable business value, and active community engagement. Syncfusion coming in at number one is a result of its commitment to building tools that developers and businesses trust.

    “BoldSign started with a simple goal: give developers an eSignature API that lets them plug in, sign, and ship without friction,” said Daniel Jebaraj, CEO of Syncfusion. “This award tells us we’re on the right path and motivates us to keep raising the bar with features that help our customers move their products forward.”

    Businesses choose BoldSign due to its:

    • Fast, friction-free signing: Legally binding signatures captured in seconds.
    • Easy implementation: Most teams roll out in under a day with no heavy IT lifting.
    • Web-to-mobile flexibility: Seamless experience for in-office and on-the-go staff.
    • Bank-grade security and compliance: Robust encryption and compliance with SOC 2, HIPAA, GDPR, and eIDAS regulations.
    • Scalability: Usage-based plans stay cost-effective for individuals, startups, and large enterprises.
    • Real-time human support: Direct access to BoldSign experts whenever questions arise.
    • Customer-driven roadmap: Continuous feature drops shaped by user feedback.

    “Winning Developer’s Choice is both humbling and energizing,” added Jebaraj. “We’re just getting started—look for new features, expanded SDKs, and deeper integrations so teams can scale from 10 to a million documents without switching platforms.”

    Learn more about the BoldSign® eSignature APIs in Postman. For more information about fast, secure, and scalable eSignature functionality in BoldSign, visit its website.

    About Syncfusion, Inc.
    Headquartered in the technology hub of Research Triangle Park, N.C., Syncfusion®, Inc. delivers an award-winning ecosystem of developer control suites, embeddable BI platforms, and business software. Syncfusion was founded in 2001 with a single software component and a mission to support businesses of all sizes—from individual developers and start-ups to Fortune 500 enterprises. Though its pilot product, the Essential Studio® suite, has grown to over 1,900 developer controls, its mission remains the same. With offices in the U.S., India, and Kenya, Syncfusion prioritizes the customer experience by providing feature-rich solutions to help developers and enterprises solve complex problems, save money, and build high-performance, robust applications.

    Contact: Brittany Kearns
    Phone: 571-271-7211
    Email: brittany@crossroadsb2b.com

    The MIL Network –

  • MIL-OSI: Summary of Bigbank AS Webinar: Introduction to the Public Offering of Subordinated Bonds

    Source: GlobeNewswire (MIL-OSI)

    On 11 June 2025, Bigbank AS held a webinar introducing the public offering of its subordinated bonds in Estonia, Latvia and Lithuania.

    During the webinar, Bigbank AS Management Board members Martin Länts and Argo Kiltsmann presented an overview of the Bigbank Group, including the Group’s financial results and the terms and conditions of the subordinated bond offering.

    The webinar recording is available at: https://youtu.be/89x1Kgen_tk.

    Further information about the public offering of subordinated bonds is available at: https://investor.bigbank.eu.

    Bigbank AS would like to thank all participants for attending!

    Bigbank AS (www.bigbank.eu), with over 30 years of operating history, is a commercial bank owned by Estonian capital. As of 30 April 2025, the bank’s total assets amounted to 2.9 billion euros, with equity of 274 million euros. Operating in nine countries, the bank serves more than 170,000 active customers and employs over 550 people. The credit rating agency Moody’s has assigned Bigbank a long-term bank deposit rating of Ba1, along with a baseline credit assessment (BCA) and an adjusted BCA of Ba2.

    Argo Kiltsmann
    Member of the Management Board
    Telephone: +372 5393 0833
    Email: argo.kiltsmann@bigbank.ee
    www.bigbank.ee

    The MIL Network –

  • MIL-OSI Economics: Samsung Expands Footprint and Embraces Partner Network at InfoComm 2025

    Source: Samsung

    Samsung Electronics is showcasing its latest display technologies, solutions and partner-integrated offerings at InfoComm, the largest professional audio-visual industry trade show in North America, held in Orlando, Fla., from June 11 to 13. This year, Samsung is expanding its presence across the show floor through strategic partner collaborations and a dedicated meeting space (Room W206BC).
    “The future of connected experiences lies in bringing together the best in display technology, immersive sound and collaboration tools,” said David Phelps, Head of Display Division, Samsung Electronics America. “By integrating partner technologies into our display ecosystem, we’re helping businesses rethink how they engage employees, serve customers, deliver content and optimize their spaces. Whether it’s flexible meeting rooms, interactive classrooms or seamless retail environments, we’re setting new standards for experience-led innovation.”
    Cisco and Samsung showcase stunning collaboration experiences
    During Infocomm, Samsung and Cisco (Booth #3381) will debut a new collaboration featuring the Samsung 105-inch 5K UHD Smart Signage display, which will be the first 21:9 screen to receive certification from Cisco. To harness the capabilities of the ultra-wide screen, Cisco has optimized RoomOS for its devices to support the 21:9 aspect ratio natively, resulting in a better view of meeting participants and shared content in Microsoft Teams Rooms and Webex Meetings. The widened display area allows new ways to display both meeting participants and shared content on a single display in an engaging meeting experience.

    Additionally, large supersized displays, like the new Samsung 136-inch The Wall 16:9 All-in-One LED paired with Cisco collaboration devices, and the newly announced Cisco Room Vision PTZ cameras, delivers a highly immersive large-screen meeting experience. Stunning video quality with natural, eye-level views are possible with a solution that’s simple to install. Deploy in hours, not days with Samsung’s modular all-in-one screen assembly and Cisco’s single-cable power over ethernet (PoE) cameras.

    “We are delighted that the innovative partnership between Cisco and Samsung continues to deliver the most engaging and inclusive employee experiences in the industry,” said Espen Løberg VP Product Management, Cisco. “Our certification program creates a solid foundation for seamless integrations that reduce complexity and enable scalable deployment and maintenance of collaboration rooms.”
    Together, Samsung and Cisco are raising the bar on the collaboration experience possible with these advanced displays. Powered by NVIDIA chipsets and Cisco RoomOS software, Cisco collaboration devices intelligently track, group and frame meeting participants, optimizing the use of screen real-estate afforded by Samsung Smart Signage displays, ensuring everyone can be seen in amazing detail.
    Samsung’s 136-inch The Wall with 16:9 aspect ratio, and 105-inch 5K UHD Smart Signage 21:9 aspect ratio will be on display in Cisco’s Partner Lounge (W203A) at Infocomm. During the show, demonstrations will highlight how Samsung displays paired with Cisco’s solutions and cameras optimize the meeting experience in corporate workspaces. Demonstrations will take place on Wednesday, June 11 and Thursday, June 12 from 9:00-10:00 a.m. ET.
    Logitech and Samsung redefine the modern workplace
    Building on their five-year-long partnership in video conferencing and productivity, Samsung and Logitech are collaborating to showcase joint solutions for Microsoft Teams and Copilot. These integrated offerings will be on display at Logitech’s booth (#3012). Highlights include an entry-level Teams Room setup featuring the Logitech MeetUp 2 and Tap with USB Kit, paired with a Samsung 65-inch display. Attendees can also view a demonstration of multi-stream functionality in Teams Rooms on Windows, also utilizing a Samsung 65-inch display. Additionally, the booth will present a desktop productivity package that combines Logitech’s MK955 keyboard-mouse combo—with dedicated Windows and Copilot keys—with Samsung monitors, offering an optimized Microsoft 365 Copilot experience for enterprise users. The collaboration reflects a shared commitment to innovation, simplicity and enhanced productivity in modern work environments.

    “Our enduring partnership with Samsung has always centered on transforming workplace experiences through smarter, more seamless solutions,” said Sudeep Trivedi, Head of Alliances and Go-to-Market, Logitech. “By innovating on solutions for Microsoft Teams and Copilot, we’re making significant gains in addressing the needs of Microsoft 365 users. Together, we’re redefining productivity and enabling businesses to thrive in today’s dynamic work environments.”
    Integrated partner display solutions drive customer success
    Throughout the show floor, InfoComm attendees can explore how Samsung’s portfolio of commercial display products integrates seamlessly with best-in-class technologies from its ecosystem partners. These integrated solutions are designed to elevate customer and employee engagement, streamline operations and drive better business outcomes across industries.
    For instance, FORTÉ (Booth #1742), the leading provider of communication and collaboration solutions designed to transform the modern workplace, will feature the Samsung 146-inch The Wall All-In-One 4K and WMB Interactive Display in its booth. Vu Technologies, another key partner of Samsung, will showcase its all-in-one studio solution, Vu One Mini, integrated with the Samsung 146-inch The Wall display. The activation will be fully powered by Vu’s proprietary production software, Vu Studio.
    ADI Global Distribution (Booth #3728), the leading distributor of security, AV and low-voltage products, will showcase the WAD Interactive Display and The Wall All-In-One 4K on the show floor.
    InfoComm attendees can experience how Samsung displays and solutions empower businesses to redefine visual engagement and operational efficiencies at additional partners’ booths, including:

    Bluestar (Booth #980)
    TD Synnex (Booth #1900)
    United Communication (Booth #3817)

    Elevating corporate, retail, educational and other business environments with display innovations
    In its dedicated meeting room W206BC, Samsung will showcase recently launched displays, including the Color E-Paper, 105-inch 5k UHD Smart Signage and WAF Interactive Display, as well as software solutions like the Visual eXperience Transformation (VXT) platform and SmartThings Pro. Welcoming guests at the entrance of the meeting space is a larger-than-life 136-inch model of The Wall that delivers stunning picture quality with optimized brightness and contrast powered by the advanced NQM AI Processor.

    Launched on June 5, Samsung Color E-Paper expands upon its portfolio of energy-efficient digital signage. Featuring digital ink technology, this latest model delivers ultra-low power consumption, high visibility and a lightweight design, offering businesses a sustainable and flexible display alternative. With a fully charged integrated battery, users have the ability to install and use Color E-Paper freely without being connected to a power source. During content updates, the display still uses significantly less energy than LCD digital signage, which helps reduce operational costs.
    The Samsung 105-inch 5K UHD Smart Signage display elevates workplace collaboration and audience engagement. At just 48.1mm in depth, the display’s slim design makes it a perfect fit for sleek and modern workspaces, retail stores and high-traffic places such as airports, rail stations or sports arenas. Users can make a big impression by installing the QPD-5K display vertically, with its screen reaching eight feet tall in portrait mode. The 105-inch display’s expansive, ultra-wide screen is an ideal solution for video conferencing in modern meeting spaces. Ultra-clear 5K resolution and non-glare technology ensure crisp, vivid visuals to deliver important information from every angle.
    Available in 65-, 75- and 86-inch models, the WAF Interactive Display delivers a captivating classroom experience for students. Powered by the Android 14 operating system, the WAF builds on the successes of Samsung’s first Google Enterprise Devices Licensing Agreement (EDLA)-certified classroom display, the WAD series, and introduces new features to enhance classroom instruction and engagement. The “Annotation” button empowers users to take notes anytime without interruptions, even over videos and other visuals on the screen, making collaborating and engaging during lessons more seamless and less intrusive. The Note app on the display has been updated to allow multiple students to use the whiteboard at once. Dr. Micah Shippee, Director of Education Solutions & Channel Sales, Samsung, will be in the Samsung meeting room and at the Cisco, TD SYNNEX and Bluestar booths demonstrating the WAF’s capabilities.

    Samsung solutions unlock the full potential of display ecosystems
    The newest iteration of VXT, a cloud-native Content Management Solution (CMS) that combines content and remote B2B screen management, adds expanded compatibility and app enhancements to streamline operations management and a new hybrid cloud deployment option. The solution is compatible with Samsung’s latest digital signage products and offers robust screen management for Android and Windows devices within an organization’s B2B display network.

    Users can now remotely adjust screen settings, including backlights and screen orientation, and security controls. Scheduling allows remote control of screen operations based on business hours or holidays to help optimize energy usage. Additionally, VXT provides over 200 templates and Pre-Integrated Repeatable Solutions (PIRS) apps created by Samsung and its partners to simplify custom content development.
    Samsung has launched the VXT CMS Transformer, an innovative application designed to help users transition smoothly from the legacy Samsung MagicINFO digital signage platform to VXT. To make the transition even easier, Samsung now offers a powerful on-premise compatibility analysis tool that automatically scans users’ existing MagicINFO setup to identify which devices and content are ready for VXT, flag potential compatibility issues and generate a clear, actionable migration-readiness report—all without requiring server access.
    For a limited time, Samsung is offering a special migration incentive to help users get started with minimal cost and maximum value. To take advantage of this offer, simply download the VXT CMS Transformer and run the compatibility analysis report today.
    Newly launched integrations between PIRS apps and the SmartThings Pro IoT platform enable dynamic automation, allowing screens to display content based on sensor triggers, such as exit directions in the event of an emergency. SmartThings Pro extends Samsung’s hyper-connected smart home technology to business environments, providing a scalable platform for intelligent device management. With its intuitive dashboard, users can monitor, control and create custom automations for connected devices across their business. It also features an AI Energy Mode, an intelligent power-saving technology that reduces energy consumption based on ambient brightness, content analysis and motion detection.

    Samsung’s commitment to delivering sustainable signage has earned a Silver rating from the Electronic Product Environmental Assessment Tool (EPEAT), an environmental rating system managed by the Green Electronics Council (GEC) in the United States. EPEAT evaluates products across a range of sustainability criteria, including hazardous substance use, energy efficiency, recycled packaging and corporate social responsibility. This recognition is especially noteworthy as every model in Samsung’s standalone signage lineup is now certified with a Silver rating.
    Samsung offers special savings this summer
    Samsung is running special promotions in June and July on select displays to show its support for small businesses. Throughout June, Samsung is offering up to $1,000 off its 105-inch 5K UHD Smart Signage and up to $500 off the Color E-Paper display. Additionally, Samsung is offering up to $400 off its LCD Video Walls, which create a virtually seamless large-format viewing experience to elevate any business setting, and up to $280 off the Samsung Kiosk, which meets the demands of any high-traffic self-service environment. Business owners can enjoy up to $200 off Samsung Pro TVs — which range from 43- to 85-inches — to match the screen size requirements of any location.
    From now until the end of July, customers can also take advantage of the buy one WAF Interactive Display, get one Samsung Pro TV free promotion.

    MIL OSI Economics –

  • MIL-OSI USA: Rep. Cleaver Joins Effort to Protect Funding for NPR, PBS, and America’s Public Broadcasting

    Source: United States House of Representatives – Congressman Emanuel Cleaver II (5th District Missouri)

    (Washington, D.C.) – This week, U.S. Representative Emanuel Cleaver, II (D-MO) joined with Representatives Dan Goldman (D-NY), Jasmine Crockett (D-TX), Yvette Clarke (D-NY), Eleanor Holmes Norton (D-DC), Dina Titus (D-NV), Doris Matsui (D-CA), John Larson (D-CT), and April McClain Delaney (D-MD) to protect federal funding for NPR, PBS, and America’s public broadcasting. Together, the legislators introduced an amendment to remove a provision within the Republican rescission package that would eliminate federal funding for these vital institutions, which were included in the unlawful cuts made by DOGE. The package is expected to receive a vote in the House of Representatives later this week.

    “At a time when families are struggling to keep up with the cost of living, my Republican colleagues are not focused on lowering costs for hardworking families; instead, they’re working to eliminate funding for public broadcasting services that provide vital information to communities across the country,” said Congressman Cleaver. “Respectfully, I don’t know a single person who voted to kill Sesame Street, but I do know families across my congressional district who rely on the services provided by outlets like NPR and PBS during times of crisis. When Republicans in the past tried to gut funding for the Corporation for Public Broadcasting, Mr. Rogers himself stepped up to convince Congress to maintain this funding. I’ve always supported investments in our public broadcasters, and I’m hopeful my colleagues across the aisle will come to their senses and listen to the wise words of Fred Rogers before they do long-term damage to these American institutions and the Americans they serve.”

    The letter comes as the Trump administration and Republicans in Congress continue to attack public journalism’s editorial independence and crack down on public broadcasting nationwide. Last month, the administration issued an unlawful Executive Order directing the Corporation for Public Broadcasting (CPB) to cease all funding for NPR and PBS, which support local TV and radio news outlets across the country. CPB-funded public media reaches nearly 99.7% percent of the American population, and its funding supports over 1,500 public television and radio stations across the country, supporting approximately 20,000 local jobs.

    Congressman Cleaver has been a longtime supporter of America’s public broadcasting, pushing back on the Trump administration’s effort to undermine these vital services. In March, Cleaver joined a bipartisan coalition of lawmakers to call for continued funding for public broadcasting following reports the FCC had opened a frivolous investigation into NPR and PBS and signaled interest in defunding the outlets.  In May, the Congressman again joined a cohort of lawmakers to call on the Committee on Appropriations to maintain funding for CPB programs.

    Emanuel Cleaver, II is the U.S. Representative for Missouri’s Fifth Congressional District, which includes Kansas City, Independence, Lee’s Summit, Raytown, Grandview, Sugar Creek, Greenwood, Blue Springs, North Kansas City, Gladstone, and Claycomo. He is a member of the exclusive House Financial Services Committee and Ranking Member of the House Subcommittee on Housing and Insurance.

    MIL OSI USA News –

  • MIL-OSI: As Bitcoin price breaks through $110,000, PBK Miner leads 8 million users into the era of automated cloud mining

    Source: GlobeNewswire (MIL-OSI)

    Carshalton, UK, June 11, 2025 (GLOBE NEWSWIRE) — As the price of Bitcoin (BTC) surges to over $110,000, cryptocurrency enthusiasts are increasingly interested in ways to securely and passively earn real BTC. To this end, PBK Miner has expanded its automated cloud mining platform to cover more than 183+ countries to ensure that cryptocurrency rewards are more reliable and convenient to obtain.

    According to Statista, revenue from cloud infrastructure and cloud operations is expected to grow by $60 billion by 2025, highlighting the growing momentum of cloud mining and passive income models. This interest is consistent with the proof-of-work (POW) blockchain model, in which miners play a key role in validating transactions and maintaining blockchain records. In return, the ecosystem rewards miners with BTC.

    “The rewards of cryptocurrency mining are not free, it’s just passive. Each user needs to invest in order to gain them. For some, this requires money and time, but with PBK Miner, you can start mining with just one click on your mobile device. Our goal is to ensure that everyone can earn Bitcoin passively and seamlessly.” said the COO of PBK Miner.

    Traditional mining requires a lot of upfront investment, as users need to purchase high-performance and expensive hardware to participate. This sets a high barrier to entry for ordinary users. To solve this problem, we introduced the cloud mining model – enabling users to access computing power remotely without having to maintain physical equipment.

    While many projects offer Bitcoin computing power rental, many platforms require users to have advanced knowledge of blockchain and mining difficulty settings. As a result, although users participate in mining every day, they often have difficulty maximizing their benefits. This is where PBK Miner comes in. Trusted by more than 8 million users in 183+ countries, PBK Miner sets the industry benchmark for automated and highly convenient cloud mining operations, allowing users to passively earn Bitcoin, Dogecoin, Litecoin, and Ripple. As technology continues to develop, PBK Miner continues to break through the challenges of cloud mining, such as ongoing maintenance costs, high energy consumption, and complex setup requirements.

    Key Highlights: Why you should try cloud mining now?

    – Cloud operating revenue is expected to reach $60 billion, including Bitcoin mining through the cloud

    – As Bitcoin breaks through $120,000, the price is likely to continue to rise, bringing immediate and long-term value to miners

    – Automated processes eliminate mining difficulty, thereby maximizing profits

    PBK Miner Advantages:

    ?Sign Up: Sign up now and get a $10 welcome bonus, plus a $0.60 daily login bonus.

    ?High profit levels and daily payouts.

    ?No additional service fees or management fees.

    ?The platform uses more than 9 cryptocurrencies for settlement, such as BTC, ETH, SOL, USDC, USDT, XRP, DOGE, LTC, BCH, etc.

    ?The company’s affiliate program allows you to refer your friends and get up to $30,000 in referral bonuses.

    ? McAfee® security protection. Cloudflare® security protection. 100% uptime guarantee and excellent 24/7 live technical support.

    How PBK Miner Can Be a Passive Income Opportunity.

    Step 1: Register an Account

    In this example, we chose PBK Miner as our cloud mining provider. Create a new account by going to the provider of your choice and registering. PBK Miner offers a simple registration process where you only need to enter your email address and create an account to participate. After registration, users can start mining Bitcoin and other cryptocurrencies immediately.

    Step 2: Purchase a Mining Contract

    Currently, PBK Miner also offers a variety of mining contract options, such as $100, $500, and $1,000 contracts, each with a unique ROI and specific contract period.

    For example, the following contract pays interest daily:

    Contract Amount Days Profits Incom Principal + Total Return
    10 1 6% $0.6 $10+$0.6
    100 2 3.5% $3.5 $100+$7
    500 5 1.27% $6.35 $500+$31.75
    1000 10 1.35% $13.5 $1000+$135
    5000 30 1.55% $77.5 $5000+$2325

    (Different contracts have different computing power, different investment amounts, different terms, and different returns. For more contracts, please visit the PBK Miner official website or click on the contract details to view)

    Participate in the above contracts and you can get more passive income:

    You can get income the next day after purchasing the contract. When the income reaches $100, you can choose to withdraw to your wallet or continue to purchase other contracts.

    Affiliate Program

    PBK Miner now also offers an affiliate program where you can earn money by recommending the site to others. You can start earning money even without investing money. After inviting a certain number of active referrals, you will receive a one-time fixed bonus of up to $30,000. With an unlimited number of referrals, your earning potential is unlimited!

    In short

    If you are looking for ways to increase your passive income, cloud mining is an excellent option. If used correctly, these opportunities can help you grow your cryptocurrency wealth in “autopilot” mode with minimal time investment. At the very least, they should be less time-consuming than any type of active trading. Passive income is the goal of every investor and trader, and with PBK Miner, maximizing your passive income potential will never be easier.

    If you want to know more about PBK Miner, please visit its official website: https://pbkminer.com

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    The MIL Network –

  • MIL-OSI: Majority of Diagnostic Laboratory Leaders Bet Big on Digital Pathology and AI

    Source: GlobeNewswire (MIL-OSI)

    PHILADELPHIA, June 11, 2025 (GLOBE NEWSWIRE) — Diagnostic laboratory leaders view digital pathology and artificial intelligence (AI) as pivotal to advancing precision medicine. This perspective comes as organizations across the sector prioritize modernization and seek trusted partners to support their transformation, according to research released today.

    The 2025 Laboratory Leadership Report, based on a survey conducted by The Dark Intelligence Group on behalf of Proscia®, captures insights from 360 senior professionals representing independent, hospital, and academic laboratories.

    Nathan Buchbinder, Chief Strategy Officer at Proscia, said: “We’re seeing a clear signal from the market. Laboratory leaders believe that AI-driven pathology is not only ready, but essential to meeting the demands of modern healthcare. They’re now focused on getting adoption right— especially as strain from persistent industry challenges continues to intensify.”

    Staffing Shortages and Financial Pressures Fuel Modernization
    According to The 2025 Laboratory Leadership Report, 38% of laboratory leaders cite staffing shortages as their most significant challenge, and 31% highlight declining reimbursements as their top concern. These issues outweigh other pain points, including regulatory compliance and keeping pace with emerging tests and technologies.

    To address these challenges, laboratory leaders are increasingly turning to technology. Their top-ranked opportunities are automation to drive efficiency (30%), molecular and genetic testing (29%), and AI to enable precise, accurate diagnoses (25%). These findings reflect a shift away from short-term fixes and toward longer-term transformation powered by solutions including digital pathology and AI.

    AI-Driven Pathology Advances Precision Medicine
    As laboratories modernize to overcome mounting pressures, many are simultaneously laying the foundation for precision medicine. According to the report, 86% of senior professionals believe that precision medicine has moved beyond the hype.

    Leaders most often associate it with measurable benefits: more effective therapies (80%), more accurate diagnoses (75%), and improved patient outcomes (61%). Some also point to increased collaboration with pharmaceutical companies (23%), reflecting growing recognition of new revenue opportunities in the precision medicine era.

    A majority (59%) say that digital pathology and AI will be highly or extremely impactful in realizing precision medicine, reinforcing their central role in the laboratory’s long-term transformation.

    Trusted Partnerships Are Key to Digital Pathology and AI Adoption
    The strategic importance of AI-driven pathology is also reflected in what laboratory leaders value most when selecting a technology vendor. According to the report, 64% cite reputation, 54% name customer references, and 46% identify future vision as one of their top vendor criteria, underscoring the need for trusted, long-term relationships to support lasting change.

    This mindset extends to technology selection as well. Laboratory leaders express a clear preference for solutions that are both comprehensive and intuitive, with 47% prioritizing breadth of functionality and 45% valuing user experience as key product attributes.

    Explore the Full Report
    Access The 2025 Laboratory Leadership Report to explore the complete survey findings.

    Today’s Clinical Lab will also host a webinar featuring Proscia’s Nathan Buchbinder and Dr. Bilal R. Ahmad, Hematopathologist at Spectrum Healthcare Partners. Register to attend “Survey Insights on Pathology’s Transformation to AI and Precision Medicine from Laboratory Leadership” on July 16.

    About Proscia
    Proscia is a software company accelerating pathology’s transition to a digital, data-driven discipline and enabling AI to advance precision medicine. Its Concentriq enterprise pathology platform, precision medicine AI portfolio, and real-world data fuel the development and use of novel therapies and diagnostics to drive the fight against humanity’s most challenging diseases, like cancer. 16 of the top 20 pharmaceutical companies and a global network of diagnostic laboratories rely on Proscia’s solutions each day. The company has FDA 510(k) clearance and CE-IVDR certification for its diagnostic software. For more information, visit proscia.com, and follow Proscia on LinkedIn and X.

    Contact:
    Sydney Fenkell
    VP, Marketing Communications
    sydney@proscia.com
    215.816.3436

    The MIL Network –

  • MIL-OSI: BTCC Exchange Releases May 2025 Proof of Reserves Report: User Assets Secured at 152% Total Reserve Ratio

    Source: GlobeNewswire (MIL-OSI)

    VILNIUS, Lithuania, June 11, 2025 (GLOBE NEWSWIRE) — BTCC, the world’s longest-serving cryptocurrency exchange, has published its monthly Proof of Reserves (PoR) report for May 2025, demonstrating a robust 152% total reserve ratio and reinforcing its commitment to transparency and user asset security across all major asset holdings.

    The comprehensive audit, conducted on May 15, 2025, reveals that BTCC maintains substantial over-collateralization across all major crypto assets:

    • Bitcoin (BTC): 140%
    • Ethereum (ETH): 146%
    • Ripple (XRP): 165%
    • Tether (USDT): 150%
    • USD Coin (USDC): 164%
    • Cardano (ADA): 152%

    “Proof of Reserves is essential for building trust with our users and the broader market,” said Alex, Head of Operations at BTCC. “Our monthly report demonstrates that we maintain sufficient assets to fully cover all user deposits, reinforcing our commitment to fund security.”

    The May audit, conducted using Merkle Tree cryptography, enables users to independently verify their funds anytime on BTCC’s website using the latest Merkle root hash, with detailed verification instructions available.

    With reserve ratios exceeding 100% across all major cryptocurrencies, user assets are fully backed and over-collateralized, providing an additional security buffer that demonstrates BTCC’s commitment to fund protection.

    Since 2011, BTCC has maintained an impeccable security record throughout 14 years of operation. The regular monthly Proof of Reserves reporting demonstrates BTCC’s continued commitment to user fund security and transparency, setting a benchmark for responsible exchange operation in today’s rapidly changing crypto landscape.

    About BTCC Exchange

    Founded in 2011, BTCC is one of the world’s longest-serving cryptocurrency exchanges, offering secure and user-friendly trading services to millions of users globally. With a commitment to security, innovation, and community building, BTCC continues to be a trusted platform in the evolving cryptocurrency landscape.

    Website: https://www.btcc.com/en-US

    X: https://x.com/BTCCexchange

    Contact: press@btcc.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/88449014-8876-4578-acad-3252d6b91386

    The MIL Network –

  • MIL-OSI Russia: The exhibition “Traditional Values of Russia” opened at the State University of Management: a look through the prism of KVN

    Translation. Region: Russian Federal

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

    On the eve of Russia Day, a holiday of unity, patriotism and pride for our country, we invite you to a unique exhibition where traditional Russian values come to life in bright, sincere and kindly ironic works of participants of the program “KVN – School of Leaders”. This project was created with the support of the State University of Management, the Ministry of Science and Higher Education of the Russian Federation, TTO “AMiK” and the Knowledge Center “Mashuk”.

    What awaits you at the exhibition?

    — Pictures painted with humor and warmth – the view of young KVN leaders on the culture and identity of Russia; — Creative understanding of eternal truths through the prism of humor and sincerity; — A unique opportunity to see how art and KVN unite in the name of patriotism.

    Ivan Sokolov, a specialist at the Center for the Development of the KVN Movement in Higher Education Institutions, recently opened at the State University of Management, spoke about the exhibition. “Seeing how the program participants were able to express their understanding of traditional values through humor and creativity was truly inspiring. This exhibition is a clear indication that KVN can be not only entertainment, but also an effective tool for developing a civic position among young people. It is especially symbolic to organize this exhibition on the eve of Russia Day.”

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

    MIL OSI Russia News –

  • MIL-OSI USA: Congressman Aderholt Backs Speaker Johnson: New Data Shows Able-bodied Medicaid Recipients Spend Over 120 Hours a Month Watching TV and Playing Video Games Instead of Working

    Source: United States House of Representatives – Congressman Robert Aderholt (AL-04)

    WASHINGTON — Congressman Robert Aderholt (AL-04) today issued the following statement in strong support of Speaker Mike Johnson’s comments regarding waste and abuse in the Medicaid system, following a new report exposing how non-working Medicaid recipients are spending their time.

    “Speaker Johnson hit the nail on the head when he said Medicaid shouldn’t be going to ‘29-year-old males sitting on their couches playing video games.’ The American Enterprise Institute’s new analysis confirms it: many able-bodied Medicaid recipients who aren’t working are spending their time — not looking for jobs — but glued to screens.”

    According to the AEI study, non-working Medicaid recipients without children spend an average of 4.2 hours every day watching TV and playing video games. That adds up to 125 hours per month — time that could be used for working, volunteering, or gaining job skills. 

    According to estimates from the Centers for Medicare & Medicaid Services and supported by data from the American Enterprise Institute and the Congressional Budget Office, roughly 7 to 10 million able-bodied, non-working adults without dependents are currently enrolled in Medicaid — approximately 1 in 10 recipients nationwide.

    “Let’s be clear: Medicaid was never meant to support a lifestyle of leisure for those who are fully capable of working,” said Aderholt. “Spending the equivalent of over three full workweeks a month on video games and TV is not what hardworking taxpayers signed up to support.”

    “These benefits were designed to support the truly vulnerable — the disabled, low-income seniors, and struggling families. When able-bodied adults who choose not to work receive the same benefits, it cheats the system and it cheats those truly in need.”

    Congressman Aderholt is a strong advocate for common sense work requirements, which are overwhelmingly supported by the American people — with 78% in favor.

    “The next time Democrats claim Republicans are ‘cutting Medicaid,’ just remember what they’re really defending: a system that gives taxpayer-funded healthcare to individuals who spend more than 120 hours a month on the couch. That’s not compassion — that’s recklessness.”

    “I stand with Speaker Johnson and my Republican colleagues to fix this broken system. We will continue fighting to protect Medicaid for those who genuinely need it — and to stop the abuse by those who don’t.”

    MIL OSI USA News –

  • MIL-OSI: TruGolf Announces Acquisition of mlSpatial

    Source: GlobeNewswire (MIL-OSI)

    Salt Lake City, Utah, June 11, 2025 (GLOBE NEWSWIRE) — TruGolf Holdings, Inc. (NASDAQ: TRUG), a leading golf technology company, has announced that it has executed a definitive agreement to acquire mlSpatial, a renowned AI and machine learning engineering firm. This strategic acquisition aims to advance the integration of artificial intelligence within TruGolf’s industry-leading products, including the Apogee Launch Monitor, Launchbox, Multisport Arcade, and E6 Apex.

    The collaboration between TruGolf and mlSpatial began in March 2024 with a licensing agreement to co-develop an AI engine enhancing the 9-axis spin accuracy of TruGolf’s Apogee Launch Monitor. Building upon this successful partnership, the full acquisition of mlSpatial will enable TruGolf to seamlessly incorporate advanced AI technologies across its entire product suite, delivering unparalleled user experiences, training suggestions, and player insights.

    “We are very excited to bring mlSpatial and its AI and machine learning technology into the TruGolf family,” said Chris Jones, TruGolf CEO. He continued, “Acquiring mlSpatial marks a significant milestone in our commitment to revolutionize golf simulation through cutting-edge AI integration. This acquisition empowers us to explore innovative applications of AI across our ecosystem, enhancing realism and interactivity for our users while lowering development costs.”

    Josh Pomazal, founder of mlSpatial, expressed enthusiasm about the acquisition: “We’re excited to leverage TruGolf’s extensive real-time data, collected daily, to continually refine our products with the advanced machine learning and AI models we’ve developed over the years.”

    This acquisition solidifies our deep commitment to innovation and aligns with the broader industry trend of significant investments in AI infrastructure. Notably, in January 2025, President Donald Trump announced a private-sector initiative, the Stargate Project, aiming to invest up to $500 billion in AI infrastructure within the United States. This substantial investment underscores the rapid progress and importance of AI technologies across various sectors.

    reuters.com

    TruGolf’s acquisition of mlSpatial positions the company at the forefront of AI-driven innovation in golf simulation, promising enhanced performance and immersive experiences for enthusiasts worldwide.

    For more information, please visit www.trugolf.com.

    About TruGolf Holdings

    TruGolf is a golf technology company, committed to making golf, easy. From innovative uses for AI to build content and enhance its image and spatial analysis, to gamified golf improvement plans, TruGolf is an industry leader in the growing technological revolution in the sport of golf. Since its founding, TruGolf has redefined what is possible in golf through technology. TruGolf’s suite of Hardware, Software, and Web Products make it easier to Play, Improve, and Enjoy the game of golf.

    Forward-Looking Statements

    Some of the statements in this release are forward-looking statements, which involve risks and uncertainties. Forward-looking statements include, without limitation, whether the Company’s compliance plan will be accepted by Nasdaq and the Company’s expected future cash needs. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ”believes,” ”estimates,” ”anticipates,” ”expects,” ”plans,” ”projects,” ”intends,” ”potential,” ”may,” ”could,” ”might,” ”will,” ”should,” ”approximately” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the SEC, which are available on the SEC’s website, www.sec.gov. 

    Media Contacts:

    TruGolf: Michael Bacal: Phone: 917-886-9071; mbacal@darrowir.com Web: TruGolf.com LinkedIn: @TruGolf

    The MIL Network –

  • MIL-OSI: Siebert Financial Deepens Tech Strategy with FusionIQ Investment

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 11, 2025 (GLOBE NEWSWIRE) — Siebert Financial Corp. (NASDAQ: SIEB) today announced a meaningful investment and strategic partnership with FusionIQ, a leading cloud-native digital wealth management platform. Under the agreement, Siebert will deploy FusionIQ’s technology to enhance its digital offerings and streamline end-to-end investment workflows across its growing client base.

    This move aligns with Siebert’s broader strategy to prioritize technology investment and forge strategic alliances to better serve its clients. The partnership enables Siebert to offer modular digital solutions that include hybrid advice, self-directed investing, and multi-custodian integration.

    “This partnership marks a pivotal step in reshaping our digital footprint,” said John J. Gebbia, Chief Executive Officer of Siebert Financial Corp. “It’s an investment that is positioning Siebert as a digital-first partner for the next generation of investors.”

    “We’re thrilled to integrate FusionIQ’s leading digital wealth management solutions with Siebert’s client offerings,” said John Kimbro, CTO of FusionIQ. “This partnership supports our shared mission to deliver financial freedom to everyone—through intuitive, scalable tools that meet each investor’s unique needs.”

    “Our partnership with Siebert Financial Corp. reflects a shared vision for the future of wealth management and investing tools—one that is inclusive, digital, and built for the next generation of investors,” said Eric Noll, CEO of FusionIQ. “With their forward-looking leadership and deep client relationships, Siebert is uniquely positioned to help us expand access to modern investing solutions. This is just the beginning—together, we’ll continue to broaden our reach, enhance our offerings, and redefine how wealth is built and managed in a digital-first world.”

    John M. Gebbia, Co-CEO of Muriel Siebert & Co. LLC, added, “We’re thrilled to integrate FusionIQ’s award-winning platform with Siebert. This collaboration accelerates our commitment to delivering personalized, tech-driven experiences to our client base. Our goal is clear: empower clients with tools that reflect today’s expectations and tomorrow’s ambitions.”

    About Siebert Financial Corp.
    Siebert is a diversified financial services company and has been a member of the NYSE since 1967, when Muriel Siebert became the first woman to own a seat on the NYSE and the first to head one of its member firms.

    Siebert operates through its subsidiaries Muriel Siebert & Co., LLC, Siebert AdvisorNXT, LLC, Park Wilshire Companies, Inc., RISE Financial Services, LLC, Siebert Technologies, LLC, and StockCross Digital Solutions, Ltd, and Gebbia Media LLC. Through these entities, Siebert provides a full range of brokerage and financial advisory services, including securities brokerage, investment advisory and insurance offerings, securities lending, and corporate stock plan administration solutions, in addition to entertainment and media productions. For over 55 years, Siebert has been a company that values its clients, shareholders, and employees. More information is available at www.siebert.com.

    Cautionary Note Regarding Forward-Looking Statements
    The statements contained in this press release that are not historical facts, including statements about our beliefs and expectations, are “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements preceded by, followed by, or that include the words “may,” “could,” “would,” “should,” “believe,” “expect,” “anticipate,” “plan,” “estimate,” “target,” “project,” “intend” and similar words or expressions. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances are forward-looking statements.

    These forward-looking statements, which reflect beliefs, objectives, and expectations as of the date hereof, are based on the best judgment of the management of Siebert. All forward-looking statements speak only as of the date on which they are made. Such forward-looking statements are subject to certain risks, uncertainties and assumptions relating to factors that could cause actual results to differ materially from those anticipated in such statements, including, without limitation, the following: economic, social and political conditions, global economic downturns resulting from extraordinary events; securities industry risks; interest rate risks; liquidity risks; credit risk with clients and counterparties; risk of liability for errors in clearing functions; systemic risk; systems failures, delays and capacity constraints; network security risks; competition; reliance on external service providers; new laws and regulations affecting Siebert’s business; net capital requirements; extensive regulation, regulatory uncertainties and legal matters; failure to maintain relationships with employees, customers, business partners or governmental entities; the inability to achieve synergies or to implement integration plans; and other consequences associated with risks and uncertainties detailed in Part I, Item 1A – Risk Factors of Siebert’s Annual Report on Form 10-K for the year ended December 31, 2024, and Siebert’s filings with the SEC.

    Siebert cautions that the foregoing list of factors is not exclusive, and new factors may emerge, or changes to the foregoing factors may occur that could impact its business. Siebert undertakes no obligation to publicly update or revise these statements, whether as a result of new information, future events, or otherwise, except to the extent required by the federal securities laws.

    Media Contact:
    Deborah Kostroun, Zito Partners
    deborah@zitopartners.com
    +1 (201) 403-8185

    The MIL Network –

  • MIL-OSI United Nations: Human Rights Council to Hold its Fifty-Ninth Regular Session from 16 June to 9 July 2025

    Source: United Nations – Geneva

    The United Nations Human Rights Council will hold its fifty-ninth regular session from 16 June to 9 July 2025 at the Palais des Nations in Geneva. 

    The session will open at 10 a.m. on Monday, 16 June under the presidency of Ambassador Jürg Lauber of Switzerland.  The opening will be addressed by the United Nations High Commissioner for Human Rights, Volker Türk, who will present his annual report.  The Council will be meeting in room XX of the Palais des Nations.

    Over almost four weeks, the Council will consider more than 60 reports presented by the Secretariat of the United Nations and the High Commissioner for Human Rights, human rights experts and other investigative bodies on numerous topics and relevant to the situation of human rights in more than 40 countries.  In total, the Council will hold 32 interactive dialogues. 

    During the session, the Council will hold interactive dialogues with the High Commissioner on his annual report under agenda item two; on the Bolivarian Republic of Venezuela under agenda item four; and on Ukraine and Colombia under agenda item 10. 

    The Council will hold enhanced interactive dialogues under agenda item two with  the Special Rapporteur on the situation of human rights in Afghanistan and on the oral update of the Fact-Finding Mission on the human rights situation in the eastern Democratic Republic of the Congo.  Under agenda item four, the Council will hold an enhanced interactive dialogue with the High Commissioner on the situation of human rights in Myanmar, with the participation of the Special Rapporteur on the situation of human rights in Myanmar.

    On climate change, the Council will hold its annual panel on the adverse impacts of climate change on human rights, followed by an interactive dialogue with the Special Rapporteur on climate change. The Council will also hold its annual panel on technical cooperation and capacity-building. 

    Under agenda item three, the Council will hold its annual panel discussion on women’s rights, and a panel on safe drinking water and sanitation.  It will also hold interactive dialogues on summary executions, freedom of expression, peaceful assembly, transnational corporations, education, health, leprosy (Hansen’s disease), sexual orientation and gender identity, migrants, internally displaced persons, prevention of genocide, trafficking, extreme poverty, discrimination against women and girls, violence against women and girls, judges and lawyers, and international solidarity.   

    The Council will also hear the presentation of the Secretary-General’s interim report on the temporarily occupied Autonomous Republic of Crimea and the city of Sevastopol, Ukraine, under agenda item 10. Further, it will hold interactive dialogues with the Special Rapporteur on the situation of human rights in Eritrea and the Commission of Inquiry on the Occupied Palestinian Territory, including East Jerusalem and in Israel, under agenda item two; and with the Special Rapporteur on the situation of human rights in Belarus and the Special Rapporteur on the situation of human rights in Burundi under agenda item four. The Council will also hear oral updates from the Fact-Finding Mission for Sudan under agenda item two and from the Commission of Inquiry on Syria under agenda item four. 

    Additionally, the Council will hold interactive dialogues under agenda item seven with the Special Rapporteur on the situation of human rights in the Palestinian territories occupied since 1967, and under agenda item nine with the Special Rapporteur on contemporary forms of racism, racial discrimination, xenophobia and related intolerance.  Under agenda item 10, it will hold an interactive dialogue with the Independent Expert on the situation of human rights in the Central African Republic. 

    The final outcomes of the Universal Periodic Review of 14 States will also be considered, namely those of Italy, El Salvador, Gambia, the Plurinational State of Bolivia, Fiji, San Marino, Kazakhstan, Angola, the Islamic Republic of Iran, Madagascar, Iraq, Slovenia, Egypt, and Bosnia and Herzegovina.

    A detailed agenda and further information on the fifty-ninth session can be found on the session’s web page.  Reports to be presented are available here. All meetings of this session are broadcast on UN Web TV. 

    First Week of the Session

    The fifty-ninth regular session will open on Monday, 16 June under the presidency of Ambassador Jürg Lauber. After the opening, the Council will begin considerations under agenda item two, and the High Commissioner for Human Rights, Volker Türk, will present his annual report.  Subsequently, the Council will hold an enhanced interactive dialogue with the Special Rapporteur on the situation of human rights in Afghanistan, and an interactive dialogue with the Special Rapporteur on the situation of human rights in Eritrea. This will be followed by an enhanced interactive dialogue on the oral update of the Fact-Finding Mission on the human rights situation in the eastern Democratic Republic of the Congo. 

    On Tuesday, 17 June, the Council will hold an interactive dialogue on the High Commissioner’s annual report, followed by an interactive dialogue with the Independent International Commission of Inquiry on the Occupied Palestinian Territory, including East Jerusalem and in Israel.  At the end of the day, it will hear the presentation of an oral update by the Independent International Fact-Finding Mission for Sudan. 

    On Wednesday, 18 June, the Council will commence discussions under agenda item three on the promotion and protection of all human rights, holding interactive dialogues with the Special Rapporteur on extrajudicial, summary or arbitrary executions, the Special Rapporteur on the promotion and protection of the right to freedom of opinion and expression, and the Special Rapporteur on freedom of peaceful assembly and of association, which will conclude on Thursday, 19 June. This will be followed by interactive dialogues with the Working Group on the issue of human rights and transnational corporations and other business enterprises, the Special Rapporteur on the right to education, and the Special Rapporteur on the right of everyone to the enjoyment of the highest attainable standard of physical and mental health. 

    On Friday, 20 June, the Council will hold interactive dialogues with the Special Rapporteur on the elimination of discrimination against persons affected by leprosy (Hansen’s disease) and their family members, the Independent Expert on protection against violence and discrimination based on sexual orientation and gender identity, the Special Rapporteur on the human rights of migrants, and the Special Rapporteur on the human rights of internally displaced persons. 

    Second Week of the Session

    In its second week, the Council will conclude its interactive dialogue with the Special Rapporteur on the human rights of internally displaced persons on Monday, 23 June.  It will then hold interactive dialogues with the Special Advisor on the Prevention of Genocide, the Special Rapporteur on trafficking in persons, especially women and children, and the Special Rapporteur on extreme poverty and human rights.

    The Council will start Tuesday, 24 June, with the first part of its annual discussion on women’s rights, focusing on gender-based violence against women and girls in conflict, post-conflict and humanitarian settings.  This will be followed by an interactive dialogue with the Working Group on discrimination against women and girls.  In the afternoon, the second part of the annual discussion on women’s rights will be held, focusing on the commemoration of the International Day of Women in Diplomacy and on overcoming barriers to women’s leadership in peace processes.

    On Wednesday, 25 June, the Council will hold interactive dialogues with the Special Rapporteur on violence against women and girls, its causes and consequences, the Special Rapporteur on the independence of judges and lawyers, and the Independent Expert on human rights and international solidarity. 

    The Council will start Thursday, 26 June, with a panel discussion on the realisation of the human rights to safe drinking water and sanitation, followed by the presentation of reports under agenda item three.  In the afternoon, it will start its consideration of reports under agenda item four on human rights situations that require the Council’s attention, hearing the presentation of an oral update by the Independent International Commission of Inquiry on the Syrian Arab Republic, followed by interactive dialogues with the Special Rapporteur on the situation of human rights in Belarus, and on the oral update of the Special Rapporteur on the situation of human rights in Burundi. 

    On Friday, 27 June, the Council will hold an enhanced interactive dialogue on the report of the High Commissioner on the situation of human rights in Myanmar, and the oral update of the Special Rapporteur on the situation of human rights in Myanmar.  This will be followed by an interactive dialogue on the High Commissioner’s report on the situation of human rights in the Bolivarian Republic of Venezuela, and the presentation of the High Commissioner’s oral update on the situation of human rights in Nicaragua.

    Third Week of the Session

    The Council will begin its third week on Monday, 30 June, with its annual panel discussion on the adverse impacts of climate change on human rights, focusing on facilitating just transitions in the context of addressing the impacts of climate change on human rights.  This will be followed by an interactive dialogue with the Special Rapporteur on the promotion and protection of human rights in the context of climate change.  It will then hear the presentation of the report of the Working Group on the issue of human rights and transnational corporations and other business enterprises on the thirteenth session of the Forum on Business and Human Rights under agenda item five on human rights bodies and mechanisms.

    The Council will next start its consideration under item six of the outcomes of the Universal Periodic Review of Italy, El Salvador, Gambia, the Plurinational State of Bolivia, Fiji, San Marino, Kazakhstan, Angola, the Islamic Republic of Iran, Madagascar, Iraq, Slovenia, Egypt, Bosnia and Herzegovina, which will conclude at the end of the day on Wednesday, 2 July. 

    On Thursday, 3 July, the Council will hold an interactive dialogue with the Special Rapporteur on the situation of human rights in the Palestinian territories occupied since 1967, under agenda item seven on the human rights situation in Palestine and other occupied Arab territories.  This will be followed by an interactive dialogue with the Special Rapporteur on contemporary forms of racism, racial discrimination, xenophobia and related intolerance, under agenda item nine on racism, racial discrimination, xenophobia and related forms of intolerance. 

    In the afternoon, the Council will begin discussions under item 10 on technical assistance and capacity-building, with interactive dialogues on the oral presentation of the High Commissioner regarding his Office’s periodic report on the situation of human rights in Ukraine, and on the interim report of the Secretary-General on the situation of human rights in the temporarily occupied Autonomous Republic of Crimea and the city of Sevastopol, Ukraine.  This will be followed by an interactive dialogue on the High Commissioner’s report on the enhancement of technical assistance and capacity-building to assist Colombia in the implementation of the recommendations made by the Commission for the Clarification of Truth, Coexistence and Non-Repetition. 

    On Friday, 4 July, the Council will hold its annual panel discussion on technical cooperation and capacity-building, focusing on the role of technical cooperation and capacity-building in strengthening national structures which play a role in promoting and safeguarding human rights, particularly national human rights institutions and national mechanisms for implementation, reporting and follow-up. 

    This will be followed by an interactive dialogue on the oral update of the Independent Expert on the situation of human rights in the Central African Republic.

    In the afternoon, the Council will hear the presentation of the report of the High Commissioner relating to cooperation with Georgia.  It will then start taking action on draft resolutions and decisions. 

    Fourth Week of the Session

    The final week of the Council will be devoted to taking action on draft resolutions and decisions and the appointment of a member of the Expert Mechanism on the Right to Development and a member of the Working Group on arbitrary detention.  The session will conclude on Wednesday, 9 July.

    The Human Rights Council

    The Human Rights Council is an inter-governmental body within the United Nations system, made up of 47 States, which is responsible for strengthening the promotion and protection of human rights around the globe.  The Council was created by the United Nations General Assembly on 15 March 2006 with the main purpose of addressing situations of human rights violations and making recommendations on them.

    The composition of the Human Rights Council at its fifty-ninth session is as follows: Albania (2026); Algeria (2025); Bangladesh (2025); Belgium (2025); Benin (2027); Bolivia (2027); Brazil (2026); Bulgaria (2026); Burundi (2026); Chile (2025); China (2026); Colombia (2027); Costa Rica (2025); Côte d’Ivoire (2026); Cuba (2026); Cyprus (2027); Czechia (2027); Democratic Republic of the Congo (2027); Dominican Republic (2026); Ethiopia (2027); France (2026); Gambia (2027); Georgia (2025); Germany (2025); Ghana (2026); Iceland (2027); Indonesia (2026); Japan (2026); Kenya (2027); Kuwait (2026); Kyrgyzstan (2025); Malawi (2026); Maldives (2025); Marshall Islands (2027); Mexico (2027); Morocco (2025); Netherlands (2026); North Macedonia (2027); Qatar (2027); Republic of Korea (2027); Romania (2025); South Africa (2025); Spain (2027); Sudan (2025); Switzerland (2027); Thailand (2027); and Viet Nam (2025).

    The term of membership of each State expires in the year indicated in parentheses.

    The President of the Human Rights Council in 2025 is Jürg Lauber (Switzerland).  The four Vice-Presidents are Tareq Md Ariful Islam (Bangladesh), Razvan Rusu (Romania), Claudia Puentes Julio (Chile), and Paul Empole Losoko Efambe (Democratic Republic of the Congo).  Mr. Efambe also serves as Rapporteur of the Geneva-based body. 

    The dates and venue of the fifty-ninth session are subject to change.

    Information on the fifty-ninth session can be found here, including the annotated agenda and the reports to be presented.

    For further information, please contact Pascal Sim (simp@un.org), Matthew Brown (matthew.brown@un.org) and David Díaz Martín (david.diazmartin@un.org)

    ___________

    Produced by the United Nations Information Service in Geneva for use of the media; 
    not an official record. English and French versions of our releases are different as they are the product of two separate coverage teams that work independently.

     

    HRC25.006E

    MIL OSI United Nations News –

  • MIL-OSI: Vietnam Enterprise Investments Limited (VEIL) – Vietnam Forum & Annual General Meeting 2025

    Source: GlobeNewswire (MIL-OSI)

    LONDON, June 11, 2025 (GLOBE NEWSWIRE) — We are pleased to invite you to the Annual General Meeting (AGM) of Vietnam Enterprise Investments Limited (VEIL), taking place at 12:00 PM (UK time) on 18 June 2025 at The Stationers’ Hall, Ave Maria Lane, London EC4M 7DD, United Kingdom.

    The meeting will be chaired by Sarah Arkle, Chair of VEIL, and will include a presentation on Vietnam’s dynamic economic landscape by Dominic Scriven, Chair of Dragon Capital Group. Following this, Tuan Le, VEIL’s Lead Portfolio Manager, will provide an update on the fund’s performance and the outlook for Vietnam’s stock market.

    After the formal proceedings and Q&A session, we warmly invite you to join us for a Vietnamese buffet lunch at 1:15 PM, offering a wonderful opportunity to connect with fellow investors and industry experts.

    A Key Vote on VEIL’s Future
    This year’s AGM includes a vote on the Trust’s continuation. Given Vietnam’s strong domestic growth, ongoing government reforms, and compelling long-term potential, the Board believes VEIL is well-positioned for the future and recommends shareholders vote against discontinuation. We encourage all shareholders to participate in this important decision.

    Who Should Attend?
    The event is open to existing VEIL shareholders as well as those interested in learning more about investment opportunities in Vietnam. If you have colleagues who may wish to attend, please feel free to share this invitation and direct them to register via the link below.

    Register Here: https://www.veil.uk/2025-annual-general-meeting/

    We look forward to welcoming you for an engaging and informative afternoon.

    For further information or interview requests, please contact:

    Rachel Hill
    +44 (0) 797 121 4852
    rachelhill@dragoncapital.com 

    Thuy Anh Nguyen
    +44 (0) 788 588 6492
    thuyanhnguyen@dragoncapital.com 

    Steven Mantle
    +44 (0) 755 370 1237
    stevenmantle@dragoncapital.com 

    Jefferies International Limited
    Stuart Klein
    +44 (0) 20 7029 8703
    stuart.klein@jefferies.com 

    h2Radnor
    Iain Daly
    +44 (0) 20 3897 1830
    idaly@h2radnor.com 

    About VEIL

    Vietnam Enterprise Investments Limited (VEIL) is a closed-end fund listed on the London Stock Exchange and one of the longest-running and largest funds focused on Vietnam. Since its launch in 1995, VEIL has invested in high-growth, well-governed Vietnamese companies, offering investors exposure to the country’s vibrant economy.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/60b54085-a65b-405e-9930-6457c4e0e889

    The MIL Network –

  • MIL-OSI: Texas Holds Three of the Top Five Destination Cities for Consumer Migration

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, June 11, 2025 (GLOBE NEWSWIRE) — Americans who relocated in 2024 sought out new locales, with the three most popular locations in the state of Texas—North Houston, Fort Worth and Austin. Overall, consumers left pricier and densely populated urban areas in favor of more affordable cities and suburbs in the southern U.S., according to TransUnion (NYSE: TRU) research focused on migration and its implications for insurers.

    While migration rates have decreased steadily since pre-pandemic 2019, a significant number of consumers are making bold moves. More than a quarter (26%) of Americans who moved in 2024 relocated by distances ranging from 51 miles to 250 miles and beyond.

    “As consumers continue to find new places to settle, it’s important for insurers to stay on top of the trends across segments,” said Patrick Foy, senior director of strategic planning for TransUnion’s Insurance business. “These changes can have implications for customer acquisition, risk and engagement.”

    Top Five Inbound and Outbound Markets in 2024

    Inbound Outbound
    North Houston, TX Miami, FL
    Fort Worth, TX Houston, TX
    Austin, TX Queens, NY
    Phoenix, AZ South Florida, FL
    Nashville, TN Oakland, CA


    Gen Z goes against the grain
    The research found migration trends among consumers aged 30 and older largely held true. The majority left locales like New York, Chicago and Miami, with some slight variations in where they ended up. Baby Boomers and Silent Generation consumers primarily moved to smaller locales in South Carolina and Florida. Gen Xers also moved to those states, but Texas was their top destination. Millennials seemed to avoid Florida, instead dispersing across suburban markets Texas and North Carolina.

    However, many Gen Z consumers moved in the opposite direction, landing in the same cities older Americans were leaving, like New York and Chicago.

    “Gen Z’s migration patterns more closely reflect those of Millennials back in 2010,” said Foy. “And they are likely going for the same reasons: the allure of big city living and the prospect of work opportunities to help launch their careers.”

    Staying connected to life insurance beneficiaries
    When consumers move across state lines, public records do not always update accordingly. This can create problems for life insurance providers who then may not be able to locate a beneficiary or receive notification of death for their policyholder.

    The majority of states require life insurers to monitor mortality status of policy holders and to conduct due diligence to contact beneficiaries. However, over recent years the federal government has limited access to the Social Security Death Master File (SS DMF). Those records now account for only 12% of TransUnion’s deceased file data—compared to 2010 when they accounted for 95%. 

    Additionally, nearly six out of 10 consumers don’t even know how to find out if they are the beneficiary of a life insurance policy. This is underscored by the fact that each year tens of millions of dollars in life insurance payments go unmatched with beneficiaries.1

    TransUnion’s TruLookup™ Deceased Data utilizes multiple sources, including TransUnion proprietary data, obituary data, funeral home listings, state level sources, and more. Insurers who rely solely on the SS DMF are at a significant disadvantage for uniting benefits to beneficiaries.

    “Life insurance companies that rely on public records alone will likely fail to deliver on their promise to customers,” said Karen Malone, senior director of strategic planning for TransUnion’s life insurance business. “They need a robust identity solution to give them real time updates on the status of their insureds and the location of their beneficiaries.”

    Understanding a driver’s risk
    Similarly, when a consumer with prior traffic violations moves to a new state or receives a traffic violation outside of their license state, their motor vehicle report (MVR) does not always capture those events.

    Prior TransUnion research found that violations increased by 8% in 2024 compared to 2023—their highest point since the onset of the coronavirus pandemic. The study highlighted the strong correlation between traffic enforcement and roadway safety, along with reaffirming the power of violation data to predict future insurance losses.

    TransUnion research notes that auto insurers should look beyond MVRs and investigate court records when assessing the risk of a new customer as they are less expensive than MVRs and provide a more comprehensive history. In addition, traffic violations have reached their highest point since the onset of the coronavirus pandemic, suggesting there are increasingly more insights into drivers’ behavior on the road.

    Learn more about TransUnion Insurance Risk solutions, including TruVision™ Driving History, here.
    Learn more about TransUnion solutions for life insurance here.

    1. “What to Know About Life Insurance Beneficiaries,” National Association of Insurance Commissioners, September 12, 2023

    About TransUnion (NYSE: TRU)
    TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world. http://www.transunion.com/business

    Contact Dave Blumberg
    TransUnion
       
    E-mail david.blumberg@transunion.com
       
    Telephone 312-972-6646

    The MIL Network –

  • MIL-OSI: BigCommerce Earns 2025 Top Rated Award from TrustRadius

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, June 11, 2025 (GLOBE NEWSWIRE) — BigCommerce (Nasdaq: BIGC), a leading provider of open, composable commerce solutions for B2C and B2B brands, retailers, manufacturers and distributors, today announced that TrustRadius has recognized BigCommerce with a 2025 Top Rated Award.

    With a TRScore of 7.8 out of 10 and over 450 reviews, BigCommerce is recognized by their customer reviews as a top player in the ecommerce category.

    “This recognition is based entirely on our customers’ positive sentiment and is especially fulfilling because it reflects the value they receive from our platform as well as our customer success services,” said Ryan Means, senior vice president of global services at BigCommerce. “Winning this TrustRadius award validates that our customers are successful with our platform and it is helping them optimize revenue and grow their businesses.”

    “BigCommerce earning a TrustRadius Top Rated award showcases its impact in empowering merchants to scale without limits,” said Allyson Havener, chief marketing officer at TrustRadius. “Their customers consistently praise BigCommerce for its flexibility, robust feature set, and ease of use—making it a trusted platform for businesses looking to grow and compete in an ever-evolving eCommerce landscape.”

    Since 2016, the TrustRadius Top Rated Awards have become the B2B’s industry standard for unbiased recognition of excellent technology products. Based entirely on customer feedback, they have never been influenced by analyst opinion or status as a TrustRadius customer. Here is a detailed criteria breakdown of the methodology and scoring that TrustRadius uses to determine Top Rated winners.

    Hear from verified users on how much they value BigCommerce:

    “Big commerce certainly helped us increase our web traffic through its integrated SEO,” wrote one review. “SEO is super important for web visibility/where your page ranks on search engines. The integrated SEO along with the integrated search analytics really helps us target/cater to what our customers or potential customers are searching for.”

    “BigCommerce had a much stronger B2B integration and platform in general than Shopify,” said another reviewer. “Netsuite was too expensive at the time to consider it.”

    BigCommerce is proud to create products that inspire such gracious feedback in our user community. Looking to share your own feedback? Please leave a review here.

    About BigCommerce
    BigCommerce (Nasdaq: BIGC) is a leading open SaaS and composable ecommerce platform that empowers brands, retailers, manufacturers and distributors of all sizes to build, innovate and grow their businesses online. BigCommerce provides its customers sophisticated professional-grade functionality, customization and performance with simplicity and ease-of-use. Tens of thousands of B2C and B2B companies across 150 countries and numerous industries rely on BigCommerce, including Coldwater Creek, Harvey Nichols, King Arthur Baking Co., MKM Building Supplies, United Aqua Group and Uplift Desk. For more information, please visit www.bigcommerce.com or follow us on X and LinkedIn.

    BigCommerce® is a registered trademark of BigCommerce Pty. Ltd. Third-party trademarks and service marks are the property of their respective owners.

    About TrustRadius:
    TrustRadius is a buyer intelligence platform for business technology. We enable buyers to make confident decisions, through comprehensive product information, in-depth customer insights, and peer conversations. We help technology brands capture and activate the authentic voice of customers to improve their products, build confidence with prospects, and engage in-market buyers to improve ROI. Founded by successful entrepreneurs and headquartered in the technology hub of Austin, Texas, TrustRadius is backed by Mayfield Fund, LiveOak Venture Partners, and Next Coast Ventures.

    Media Contact:
    Brad Hem
    pr@bigcommerce.com

    The MIL Network –

  • MIL-OSI United Kingdom: Strabane Gears Up for a Spectacular Summer Jamm Festival

    Source: Northern Ireland – City of Derry

    Strabane Gears Up for a Spectacular Summer Jamm Festival

    6 June 2025

    Strabane is set to come alive this Saturday, June 7th, as the Summer Jamm Festival transforms the town into a vibrant hub of family fun and local talent. Running from 12pm until late, the festival offers a diverse lineup of attractions and events for all ages.

    The town centre will be bustling with activities including the Kidz Farm petting zoo, dinosaur encounters, urban sports demonstrations, and interactive drumming circles. Castle Place will feature BMX biking, parkour workshops, and graffiti art sessions, while Castle Street hosts the Roar Roar Dinosaurs baby dinosaur petting zoo. Main Street will offer live music, market stalls, and performances by local arts groups such as Class Act, Much Ado Stage School, and Encore PAA. The Alley Theatre will present the FizzWizzPop Magic Show, face painting, and arts and crafts workshops.

    As dusk falls, Strabane’s pubs will come alive with the inaugural Music Trail, featuring performances by local artists across venues including Christy’s Bar, The Railway Bar, Dicey’s Bar, and The Farmers’ Home. Artists such as DJ Ryan Doc, Adam Dolan, The Brambles, and Louis McTeggert will showcase the town’s rich musical heritage. The Music Trail begins at 4pm and offers attendees a unique opportunity to experience Strabane’s diverse musical scene in an intimate setting.

    A highlight of the festival is the Bear Run ’74 Supercar event, featuring a stunning display of luxury vehicles, including the Lamborghini Revuelto, known for its impressive performance. The supercars will be showcased on Railway Street, providing a thrilling spectacle for attendees and raising funds for the Mayor’s chosen charities, PIPS Suicide Prevention Derry and The Castlederg Patient and Comfort Terminally ill fund.

    Mayor of Derry City and Strabane District Council, Cllr Ruairí McHugh, expressed his excitement for this weekend’s festivities.

    “Summer Jamm has become a cornerstone of our community calendar, bringing together businesses, residents and visitors alike to celebrate the best of Strabane. This year’s festival showcases our town’s creative spirit, local talent, and warm hospitality. It’s a wonderful opportunity for families to enjoy a day of fun and for everyone to support our local businesses. It will be one of my first engagements as Mayor and I am really looking forward to getting out and about to meet you all.”

    To facilitate the event, the following roads will be closed to traffic from 7am to 7pm on Saturday, June 7th: Railway Street,Main Street, Castle Street and Castle Place.

    Traffic diversions will be in place with alternative routes signposted. Visitors are advised that streets will be busy with lots of activities taking place in and around the town centre, so motorists should use the town centre car parks or, if possible, travel to the event using public transport. Please note that Canal Street car park will be closed to facilitate Cullen’s Fun Fair. Disabled parking will be available in the car parks at Canal Basin North, Railway Street, Butcher Street, and in Upper and Lower Main Street.

    For more information, please visit  www.derrystrabane.com/summerjamm

    For all updates and detailed schedules, visit the official Summer Jamm website or follow the event on social media.

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Alley Theatre to host Prestigious International Conference

    Source: Northern Ireland – City of Derry

    Alley Theatre to host Prestigious International Conference

    11 June 2025

    The 8th International Flann O’Brien Conference is set to bring a vibrant gathering of scholars and enthusiasts of Flann O Brien’s work to Strabane’s Alley Theatre from June 25th to 27th, 2025.

    This prestigious event, hosted in Strabane for the first time, will delve into this year’s theme: An Fód Dúchais: Home, Heritage, and origins.

    Jointly hosted by the International Flann O’Brien Society and Strabane History Society the conference marks a significant return to O ’Nolan’s birth town, Strabane. The town, with its unique geographical and historical position perfectly embodies themes of fluidity and contested spaces — concepts central to O’Brien’s satirical and often surreal literary output.

    On Tuesday, June 24th, schools are invited to a free theatrical performance of “Flann O’Brien” by Justin Logue at 11am, followed by an informal pre-conference gathering of conference delegates at Farmer’s Home, Railway Street, Strabane.

    This international gathering promises to be a rich exploration of Flann O’Brien’s literary genius, offering insights into his enduring relevance and the unique cultural landscape that shaped his extraordinary imagination.

    The conference will feature three distinguished keynote speakers: Dr. Tobias W. Harris (Birkbeck, University of London); Dr. Michael Pierse (Queen’s University Belfast) and Dr. Emily Ridge (University of Galway).

    The conference commences on Wednesday, June 25th, with a Walking Tour of Flann O’Brien’s Strabane led by members of The Alley Theatre team, scripted by Strabane History Society offering our international delegates a unique perspective on the town that influenced O ‘Nolan’s work. The day will also include a keynote address by Dr. Emily Ridge titled ‘Dul Siar, Dul Siar: The Ever-Receding West in An Béal Bocht’, followed by an Official Opening with a Civic Reception and performances led by local artists to welcome delegates to Strabane.

    Attendees can look forward to a diverse range of academic panels throughout the three days, covering topics such as “Old and New,” “Science and Health,” “Technology and Media,” and “Social Contexts & Formative Communities.”

    Thursday, June 26th, will feature a keynote address by Dr. Tobias Harris, ‘Ag Fuineadh Ama: Opening Closed Ground in the Works of Brian Ó Nualláin’, and a special Film Screening showcasing “Babble” (2008) by David O’Kane and “Re-enactment” (2009) by Eamon O’Kane, both inspired by O’Nolan’s work.

    The evening will conclude with a Book launch for Flann O’Brien and the European Avant-Garde, 1934–45 (Bloomsbury Academic, 2025) and the launch of Micheál Ó Nualláin Art Exhibit by Anna Uí Nualláin in the museum services space at The Alley Theatre gallery. In the main gallery, O’Kane Family will also launch “Strange Enlightenments”; responses to the work of Brian O’ Nolan featuring artwork by Eddie O’Kane, Joanna O’Kane, Eamon O’Kane, Matthew O’Kane and David O’Kane which will be showcased throughout the summer months.

    The final day, Friday, June 27th, includes a keynote address by Dr. Michael Pierse on ‘False Alternatives and Grim Absurdities: Flann O’Brien’s Social Critique of Independent Ireland in At Swim-Two-Birds and An Béal Bocht’.

    Each lunchtime internationally renowned singer and songwriter Brian Hassan will provide music on our café stage.

    Mayor of Derry City and Strabane District Council Cllr Ruairí McHugh said it was a huge honour for the Alley Theatre to host a conference of this calibre. Extending his best wishes to everyone involved in the event he said he hoped it would be a huge success.

    He acknowledged the role played by officers of Derry City and Strabane District Council in working to bring this event to the Alley Theatre,  while also showcasing what Strabane has to offer in what will be a great visitor experience and a chance for the local community to capture a taste of Flann O Brien from an academic perspective from his town of birth.

    For further information and programme details please visit www.alley-theatre.com or contact Alley box office 02871384444 or visit. Opening hours: Monday to Saturday 10.00am – 4.30pm

    MIL OSI United Kingdom –

  • MIL-OSI: EBC Financial Group Launches over a 100 U.S. ETF CFDs, Strengthening Diversification for Global Clients

    Source: GlobeNewswire (MIL-OSI)

    LONDON, June 11, 2025 (GLOBE NEWSWIRE) — EBC Financial Group (EBC) has announced the launch of over 100 new U.S.-listed Exchange-Traded Fund (ETF) CFDs, expanding its multi-asset product suite and offering global client’s deeper access to diversified, thematic trading opportunities. The rollout highlights EBC’s ongoing commitment to delivering institutional-grade tools across asset classes, underpinned by flexibility, transparency, and efficiency.

    The new offering includes ETFs listed on the NYSE and NASDAQ, issued by leading asset managers such as Vanguard, iShares (BlackRock), and State Street Global Advisors. Thematic coverage spans a wide range of global macro and sectoral narratives.

    “This expansion reflects our vision to bridge intelligent product design with market relevance,” said David Barrett, CEO of EBC Financial Group (UK) Ltd. “The new products are a natural evolution for traders seeking targeted exposure with greater strategic flexibility. At EBC, we’re building an ecosystem that empowers both precision and performance.”

    Thematic Access Meets Tactical Flexibility

    The additional ETF-linked instruments cover a variety of market exposures, including geographic allocations like the iShares MSCI Brazil ETF; fixed income-focused strategies such as the iShares iBoxx $ High Yield Corporate Bond Fund; and sector- or commodity-based indices including the United States Oil Fund LP and the Vanguard Health Care ETF. Other themes include dividend-related baskets, mid-cap equities, and style-based index tracking.

    These developments reflect wider industry interest in instruments that mirror trends in asset allocation without direct ownership of the underlying securities. Across many markets, sector-tilted and style-based index products are gaining relevance as participants seek flexible ways to align with global narratives.

    Historically, ETFs tracking specific economic cycles—such as commodity recoveries or emerging market rebounds—have demonstrated performance differentiation. The iShares MSCI Brazil ETF, for example, notably outperformed the S&P 500 during the post-pandemic recovery period in 2021, highlighting how thematic instruments can diverge from broad indices depending on market cycles.

    These additions serve as both stand-alone trade ideas and complementary instruments alongside EBC’s existing product lineup, enabling advanced portfolio structuring and thematic trading.

    Smarter Exposure: Leverage, Shorting, and Cost Efficiency in One Product

    Compared to direct ETF investments, it presents several key advantages as traders benefit from a simplified cost structure, with no traditional fund management fees or broker commissions. The flexibility to take both long and short positions allows for strategic trading regardless of market direction, while the use of leverage enhances capital efficiency and return potential. These trades are executed in real time via EBC’s recognised platforms, providing seamless access to market opportunities.

    During key market cycles, for example the post-pandemic V-shaped recovery of 2021—certain thematic ETFs, like the iShares MSCI Brazil ETF, significantly outperformed broader indices such as the S&P 500. Our portfolio enables traders to participate in similar trends, adapting quickly to shifting market dynamics with precision and speed.

    Getting Started

    These products can be accessed by registering on www.ebc.com to begin simulated or live trading.

    About EBC Financial Group  
    Founded in London’s esteemed financial district, EBC Financial Group (EBC) is a global brand known for its expertise in financial brokerage and asset management. Through its regulated entities operating across major financial jurisdictions—including the UK, Australia, the Cayman Islands, Mauritius, and others—EBC enables retail, professional, and institutional investors to access a wide range of global markets and trading opportunities, including currencies, commodities, shares, and indices.

    Recognised with multiple awards, EBC is committed to upholding ethical standards and is licensed and regulated within the respective jurisdictions. EBC Financial Group (UK) Limited is regulated by the UK’s Financial Conduct Authority (FCA); EBC Financial Group (Cayman) Limited is regulated by the Cayman Islands Monetary Authority (CIMA); EBC Financial Group (Australia) Pty Ltd, and EBC Asset Management Pty Ltd are regulated by Australia’s Securities and Investments Commission (ASIC);  EBC Financial (MU) Ltd is authorised and regulated by the Financial Services Commission Mauritius (FSC).  

    At the core of EBC are a team of industry veterans with over 40 years of experience in major financial institutions. Having navigated key economic cycles from the Plaza Accord and 2015 Swiss franc crisis to the market upheavals of the COVID-19 pandemic. We foster a culture where integrity, respect, and client asset security are paramount, ensuring that every investor relationship is handled with the utmost seriousness it deserves.   

    As the Official Foreign Exchange Partner of FC Barcelona, EBC provides specialised services across Asia, LATAM, the Middle East, Africa, and Oceania. Through its partnership with United to Beat Malaria, the company contributes to global health initiatives. EBC also supports the ‘What Economists Really Do’ public engagement series by Oxford University’s Department of Economics, helping to demystify economics and its application to major societal challenges, fostering greater public understanding and dialogue.  

    https://www.ebc.com/ 

    Media Contact:
    Savitha Ravindran
    Global Public Relations Manager
    savitha.ravindran@ebc.com

    Michelle Siow
    Brand & Communications Director
    michelle.siow@ebc.com

    The MIL Network –

  • MIL-OSI: Danforth Advisors Establishes Danforth Market Access Division, Appoints Scotty Bowman as Managing Director

    Source: GlobeNewswire (MIL-OSI)

    WALTHAM, Mass., June 11, 2025 (GLOBE NEWSWIRE) — Danforth Advisors, LLC today announced the launch of Danforth Market Access & Value, a dedicated U.S. practice that deepens the firm’s ability to help life-science innovators secure timely, sustainable patient access to their therapies. In conjunction with the launch, veteran market-access executive Scotty Bowman has joined the company as Managing Director to lead the new division.

    Danforth Market Access & Value delivers end-to-end market-access and payer consulting services—from patient-support programs and journey mapping to strategic payer engagement, pricing, reimbursement and launch planning—removing access barriers and aligning stakeholders so that breakthrough therapies reach patients faster and more efficiently.​​ The practice combines more than 40 years of collective pharmaceutical and biotech market-access expertise, including proven payer strategies, pricing excellence and successful product launches across multiple therapeutic categories.​​

    “With capital constraints heightening the need for flawless market-access execution, launching Danforth Market Access & Value was a natural next step for us. Scotty’s track record of translating complex payer dynamics into clear paths to coverage makes him the ideal leader for this practice,” said Chris Connors, CEO of Danforth Advisors. “By integrating payer strategy alongside our existing finance, clinical-operations and communications offerings, we can now support clients from discovery through full commercial value realization.”

    “I’ve long admired Danforth’s mission-critical role in helping emerging biotechs scale,” said Scotty Bowman. “I’m excited to build a best-in-class market access team that secures optimal coverage and reimbursement while reducing the operational burden on growing companies.”

    Bowman brings more than two decades of experience in U.S. and global market access, most recently serving as President and Founder of Market Access GTN, LLC. He has led pricing, contracting and payer-strategy functions for multiple successful product launches and holds an MSJ from Seton Hall Law School. Additional team hires for Danforth Market Access & Value will be announced in the coming weeks.

    About Danforth Advisors

    Danforth is the life science industry’s trusted partner for strategic and operational support across business, clinical, and commercial functions. The company advises and executes in the areas of finance and accounting, strategic communications, human resources, risk management, clinical and regulatory, market research, and commercial readiness and launch. Founded in 2011, Danforth has partnered with more than 1,500 life science companies, private and public, across all stages of the corporate lifecycle. The company serves clients around the globe from its base in Waltham, Massachusetts and regional operations in New York, Pennsylvania, New Jersey, Maryland, California, and London. Additional information is available at www.danforthadvisors.com. 

    Media contact:
    Argot Partners
    (212) 600-1902

    The MIL Network –

  • MIL-OSI: Beamr to Launch GPU-Accelerated Video Compression Solution for Autonomous Vehicles at NVIDIA GTC Paris

    Source: GlobeNewswire (MIL-OSI)

    Beamr’s technology, designed for autonomous vehicles and machine learning workflows, enables up to 50% reduction in video storage without compromising model fidelity or visual quality 

    Herzliya, Israel, June 11, 2025 (GLOBE NEWSWIRE) — Beamr Imaging Ltd. (NASDAQ: BMR), a leader in video optimization technology and solutions, today announced it will launch a high-performance, high-quality video compression solution designed for autonomous vehicles at NVIDIA GTC Paris, taking place June 10-12, 2025, as part of Viva Technology 2025, Europe’s biggest startup and tech event.

    In the development of autonomous driving, video is the dominant data type. A single vehicle produces terabytes of video data daily, and training a single autonomous model may require tens to hundreds of petabytes. Beamr’s proprietary technology, with a proven track record in high-efficiency video compression trusted by global media players, now addresses a pressing, costly challenge for autonomous vehicles and machine learning teams: managing video data at scale, including long-term storage and the significant infrastructure investment required.

    Beamr’s Content-Adaptive Bitrate (CABR) technology, built on NVIDIA accelerated computing, reduces real-world autonomous driving and synthetic video file sizes by up to 50%. This is achieved while preserving visual quality and critical visual features essential for training autonomous driving models. By addressing key storage, compute, and bandwidth constraints in AI pipelines, it significantly reduces operational costs.

    Video capturing for autonomous driving models starts with Advanced Driver Assistance Systems (ADAS), recording real-world driving footage ingested into data centers, where video volumes scale rapidly. Yet, real-world data alone is insufficient for training models that must perform reliably across a wide spectrum of scenarios, including rare edge cases. To address this, a vast amount of synthetic video is generated by platforms such as NVIDIA Omniverse and NVIDIA Cosmos™ world foundation models, helping to amplify training data.

    “Autonomous vehicle companies are under mounting pressure from rising video storage demands and infrastructure costs,” said Sharon Carmel, Beamr CEO. “Our content-adaptive technology, accelerated by GPUs, delivers highly efficient compression while maintaining visual quality across a variety of scenarios – both for human perception and machine vision, and in both real-world and synthetic video.”

    In recent benchmark testing on raw driving footage using real-time object detection models, Beamr’s CABR achieved compression rates equivalent to the highest-quality compression common in the industry. It maintains high detection accuracy, preserving even fine visual details, demonstrating practically no impact on machine learning performance, while enabling up to 50% savings.

    All GTC Paris attendees interested in Beamr’s solutions for scalable, high-quality video solutions are invited to schedule a meeting with Beamr’s video experts team. For registration, please click the link.

    For more details, please visit http://beamr.com/autonomous

    About Beamr

    Beamr (Nasdaq: BMR) is a world leader in content-adaptive video compression, trusted by top media companies including Netflix and Paramount. Beamr’s perceptual optimization technology (CABR) is backed by 53 patents and a winner of Emmy® Award for Technology and Engineering. The innovative technology reduces video file sizes by up to 50% while preserving quality and enabling AI-powered enhancements.

    Beamr powers efficient video workflows across high-growth markets, such as media and entertainment, user-generated content, machine learning, and autonomous vehicles. Its flexible deployment options include on-premises, private or public cloud, with convenient availability for Amazon Web Services (AWS) and Oracle Cloud Infrastructure (OCI) customers.

    For more details, please visit www.beamr.com or the investors’ website www.investors.beamr.com

    Forward-Looking Statements

    This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. Forward-looking statements in this communication may include, among other things, statements about Beamr’s strategic and business plans, technology, relationships, objectives and expectations for its business, the impact of trends on and interest in its business, intellectual property or product and its future results, operations and financial performance and condition. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s annual report filed with the SEC on March 4, 2025 and in subsequent filings with the SEC. Forward-looking statements contained in this announcement are made as of the date hereof and the Company undertakes no duty to update such information except as required under applicable law.

    Investor Contact:
    investorrelations@beamr.com

    The MIL Network –

  • MIL-OSI: Bread Financial Provides Performance Update for May 2025

    Source: GlobeNewswire (MIL-OSI)

    COLUMBUS, Ohio, June 11, 2025 (GLOBE NEWSWIRE) — Bread Financial® Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending, and saving solutions to millions of U.S. consumers, provided a performance update. The following tables present the Company’s net loss rate and delinquency rate for the periods indicated:

      For the
    month ended
    May 31, 2025    		   For the
    month ended
    May 31, 2024
      (dollars in millions)
    End-of-period credit card and other loans $ 17,702     $ 17,847  
    Average credit card and other loans $ 17,714     $ 17,846  
    Year-over-year change in average credit card and other loans   (1 %)     1 %
    Net principal losses (1) $ 120     $ 133  
    Net loss rate (1)   8.0 %     8.8 %
      As of
    May 31, 2025    		   As of
    May 31, 2024
      (dollars in millions)
    30 days + delinquencies – principal $ 926     $ 976  
    Period ended credit card and other loans – principal $ 16,200     $ 16,446  
    Delinquency rate   5.7 %     5.9 %

    ______________________________________________________

    (1) As a result of hurricanes Helene and Milton we froze delinquency progression for cardholders in Federal Emergency Management Agency identified impact zones for one billing cycle, which resulted in modestly lower Net principal losses and Net loss rate in the fourth quarter of 2024, and consequently these actions will negatively impact Net principal losses and Net loss rate in the second quarter of 2025.
       

    About Bread Financial®  
    Bread Financial® (NYSE: BFH) is a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions to millions of U.S. consumers. Our payment solutions, including Bread Financial general purpose credit cards and savings products, empower our customers and their passions for a better life. Additionally, we deliver growth for some of the most recognized brands in travel & entertainment, health & beauty, jewelry and specialty apparel through our private label and co-brand credit cards and pay-over-time products providing choice and value to our shared customers.

    To learn more about Bread Financial, our global associates and our sustainability commitments, visit breadfinancial.com or follow us on Instagram and LinkedIn.  

    Forward-Looking Statements
    This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements give our expectations or forecasts of future events and can generally be identified by the use of words such as “believe,” “expect,” “anticipate,” “estimate,” “intend,” “project,” “plan,” “likely,” “may,” “should” or other words or phrases of similar import. Similarly, statements that describe our business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. Examples of forward-looking statements include, but are not limited to, statements we make regarding, and the guidance we give with respect to, our anticipated operating or financial results, future financial performance and outlook, future dividend declarations, and future economic conditions.

    We believe that our expectations are based on reasonable assumptions. Forward-looking statements, however, are subject to a number of risks and uncertainties that are difficult to predict and, in many cases, beyond our control. Accordingly, our actual results could differ materially from the projections, anticipated results or other expectations expressed in this release, and no assurances can be given that our expectations will prove to have been correct. Factors that could cause the outcomes to differ materially include, but are not limited to, the following: macroeconomic conditions, including market conditions, inflation, interest rates, labor market conditions, recessionary pressures or concerns over a prolonged economic slowdown, and the related impact on consumer spending behavior, payments, debt levels, savings rates and other behaviors; global political and public health events and conditions, including significant shifts in trade policy, such as changes to, or the imposition of, tariffs and/or trade barriers and any economic impacts, volatility, uncertainty and geopolitical instability resulting therefrom, as well as ongoing wars and military conflicts and natural disasters; future credit performance, including the level of future delinquency and write-off rates; the loss of, or reduction in demand from, significant brand partners or customers in the highly competitive markets in which we compete; the concentration of our business in U.S. consumer credit; inaccuracies in the models and estimates on which we rely, including the amount of our Allowance for credit losses and our credit risk management models; the inability to realize the intended benefits of acquisitions, dispositions and other strategic initiatives; our level of indebtedness and ability to access financial or capital markets; pending and future federal and state legislation, regulation, supervisory guidance, and regulatory and legal actions, including, but not limited to, those related to financial regulatory reform and consumer financial services practices, as well as any such actions with respect to late fees, interchange fees or other charges; impacts arising from or relating to the transition of our credit card processing services to third party service providers that we completed in 2022; failures or breaches in our operational or security systems, including as a result of cyberattacks, unanticipated impacts from technology modernization projects or otherwise; and any tax or other liability or adverse impacts arising out of or related to the spinoff of our former LoyaltyOne segment or the bankruptcy filings of Loyalty Ventures Inc. (LVI) and certain of its subsidiaries and subsequent litigation or other disputes. The foregoing factors, along with other risks and uncertainties that could cause actual results to differ materially from those expressed or implied in forward-looking statements, are described in greater detail under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for the most recently ended fiscal year, which may be updated in Item 1A of, or elsewhere in, our Quarterly Reports on Form 10-Q filed for periods subsequent to such Form 10-K. Our forward-looking statements speak only as of the date made, and we undertake no obligation, other than as required by applicable law, to update or revise any forward-looking statements, whether as a result of new information, subsequent events, anticipated or unanticipated circumstances or otherwise.

    Contacts

    Brian Vereb — Investor Relations
    Brian.Vereb@breadfinancial.com

    Susan Haugen — Investor Relations
    Susan.Haugen@breadfinancial.com

    Rachel Stultz — Media
    Rachel.Stultz@breadfinancial.com

    The MIL Network –

  • MIL-OSI: OTC Markets Group Welcomes DIRTT Environmental Solutions Ltd to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 11, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced DIRTT Environmental Solutions Ltd (TSX: DRT; OTCQX: DRTTF), a leader in industrialized construction, has qualified to trade on the OTCQX® Best Market. DIRTT Environmental Solutions Ltd upgraded to OTCQX from the Pink® market.

    DIRTT Environmental Solutions Ltd begins trading today on OTCQX under the symbol “DRTTF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

    About DIRTT Environmental Solutions Ltd
    DIRTT is a leader in industrialized construction. DIRTT’s system of physical products and digital tools empowers organizations, together with construction and design leaders, to build high-performing, adaptable, interior environments. Operating in the workplace, healthcare, education, and public sector markets, DIRTT’s system provides total design freedom, and greater certainty in cost, schedule, and outcomes. DIRTT’s interior construction solutions are designed to be highly flexible and adaptable, enabling organizations to easily reconfigure their spaces as their needs evolve.

    About OTC Markets Group Inc.

    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market, and Pink® Open Market.

    Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATSTM are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

    To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

    Media Contact:
    OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

    The MIL Network –

  • MIL-OSI United Kingdom: Find out more about wildlife at free nature day

    Source: City of Leicester

    A FREE nature day packed full of family-friendly wildlife activities will be taking place at Watermead Country Park later this month.

    The event, on Saturday 21 June, will help people to become more familiar with the wildlife and habitats that can be found alongside the River Soar in Leicester.

    It’s part of Restoring the Soar, a partnership project between Leicester City Council, Leicestershire and Rutland Wildlife Trust and the Canal & River Trust.

    Activities will include minibeast hunts, wildlife walks and ID sessions, and an outdoor lab with microscopes. There will also be a chance to learn more about the Restoring the Soar project, which will enhance the river corridor from West Bridge, near the centre of Leicester, out to Watermead Park.

    Hannah Keys, nature conservation officer at Leicester City Council, said: “Our nature day will include lots of fun activities and will give people the chance to complete their own nature passport and learn how to identify species using our surveying equipment. We’ll also show people how to use apps to easily record what they see when they are out and about.”

    Fee Worton, community engagement and training development officer from Leicestershire & Rutland Wildlife Trust said: “The nature day is an opportunity for the Restoring the Soar team to share, learn and inspire! Beginner-friendly and engaging nature-based activities will introduce people to some of the wonderful wildlife we have on our doorstep through trails and the chance to use equipment like binoculars and microscopes. Our connection to the natural world is important in so many ways and throughout the day we are keen to understand the aspirations of our community needs as we build a vision for the river that runs through the heart of our city.”

    The nature day will feature a board where people can draw or write down their ideas for the river, as well as a creative mural station where visitors can share their thoughts, memories, and hopes for the River Soar by drawing, writing, stamping, or printing.

    Sue Willis, engagement co-ordinator for the Canal & River Trust, said: “The River Soar was once an industrial highway but today it’s a fantastic corridor for nature, bringing wildlife right into the heart of the city. It’s so important that we protect this wildlife and improve river habitats on the river so the nature day will be a great way for local people find out more about the species that can be found on their doorstep. We’re also really looking forward to hearing people’s ideas on how the river can be improved for people and wildlife.”

    Cllr Elly Cutkelvin, Leicester City Council’s deputy city mayor responsible for heritage and conservation, said: “This nature day is a fantastic way to get people thinking about what they would like to see along their river, as well as a chance to learn more about local wildlife and habitats and enjoy some family activities in a beautiful country park. I hope lots of people will be able to get involved, and we look forward to working with our partners to further enhance the river corridor in north Leicester.”

    Restoring the Soar is made possible thanks to The National Lottery Heritage Fund, which awarded the project almost £579,000 in development funding.

    The nature day runs from 12noon until 4pm on Saturday 21 June. It will take place close to the entrance to Watermead Country Park (South), in Alderton Close (there is a charge for parking in the car park).

    People can also give their views on the River Soar by filling in the Restoring the Soar Consultation at www.leicester.gov.uk/soar

    For more information, please contact nature.conservation@leicester.gov.uk

    MIL OSI United Kingdom –

  • MIL-OSI: Talen Energy Expands Nuclear Energy Relationship with Amazon

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, June 11, 2025 (GLOBE NEWSWIRE) — Talen Energy Corporation (“Talen,” “we,” or “our”) (NASDAQ: TLN), an independent power producer dedicated to powering the future, announced today that it has expanded its existing nuclear energy relationship with Amazon to provide carbon-free energy from Talen’s Susquehanna nuclear power plant to Amazon Web Services (“AWS”) data centers in the region.

    Under the terms of a new power purchase agreement (“PPA”), Talen will supply electricity to Amazon for operations that support AI and other cloud technologies at Amazon’s data center campus adjacent to Susquehanna, with the ability to deliver to other sites throughout Pennsylvania. Talen and Amazon will also explore building new Small Modular Reactors (“SMRs”) within Talen’s Pennsylvania footprint and pursue expanding the nuclear plant’s energy output through uprates, with the intent to add net-new energy to the PJM grid.

    Under the expanded PPA, at the full contract quantity, Talen will provide Amazon with 1,920 megawatts of carbon-free nuclear power through 2042, with options to further extend its duration. The power delivery schedule will ramp over time, expecting to achieve the full volume no later than 2032, with the potential to meaningfully accelerate. This long-term transaction will significantly decrease Talen’s market risk and minimize its reliance on the Federal nuclear production tax credit.

    “Our agreement with Amazon is designed to provide us with a long-term, steady source of revenue and greater balance sheet flexibility through contracted revenues. We remain a first mover in this space and intend to continue to execute on our data center strategy,” said Talen President and Chief Executive Officer Mac McFarland. “Talen is well-positioned to support Amazon’s energy needs as it invests further in the Commonwealth of Pennsylvania.”

    “Amazon is proud to help Pennsylvania advance AI innovation through investments in the Commonwealth’s economic and energy future,” said AWS Vice President of Global Data Centers Kevin Miller. “That’s why we’re making the largest private sector investment in state history – $20B – to bring 1,250 high-skilled jobs and economic benefits to the state, while also collaborating with Talen Energy to help power our infrastructure with carbon-free energy.”

    The existing Susquehanna co-located load arrangement between Talen and Amazon will transition to a “front-of-the-meter” arrangement after the completion of transmission reconfigurations expected in the Spring of 2026, concurrent with Susquehanna’s refueling outage. Under the terms of the new agreement, Susquehanna will provide its carbon-free power to the PJM grid, Talen will act as the retail electric generation supplier to Amazon, and PPL Electric Utilities (“PPL”) will be responsible for transmission and delivery.

    “PPL Electric Utilities is investing in the resiliency of its transmission system so we can better serve our customers, meet growing energy demands, and ensure power is delivered reliably,” said Christine Martin, president of PPL Electric Utilities. “Connecting large load customers like data centers to our transmission system helps lower the transmission component of energy bills for all customers, as large load customers pay significant transmission charges on our network. We’re excited to be part of Amazon’s broader investment in Pennsylvania and look forward to the positive effects it can have for our customers and the local economy.”

    Strengthening Pennsylvania’s Energy Future

    The Talen and Amazon relationship will help safe, reliable nuclear energy continue to be generated at Susquehanna for years to come, maintaining its contributions to the local community and supporting Pennsylvania’s energy future while also helping to power Amazon’s AI innovation investments in the Commonwealth. Talen is a major employer and significant local taxpayer, and the agreement supports the jobs of more than 900 employees currently working at the Susquehanna facility, as well as new construction jobs.

    While Pennsylvania maintains a position as a net energy exporter, producing more power than the Commonwealth requires, Talen’s strategic partnership with Amazon will help send the necessary market signals to spur new investment in additional generation and grid modernization within the Commonwealth.

    Pennsylvania Policy and Stakeholder Support

    The following key policymakers and stakeholders expressed their support for the transaction.

    “This partnership between Talen Energy and Amazon taps into Pennsylvania’s strengths as a national energy leader and will power the largest economic development project in Commonwealth history – creating good-paying jobs, growing our economy, and ultimately adding more power to the PJM energy grid,” said Governor Josh Shapiro. “I am an all-of-the-above energy governor, and as part of my economic development plan, my Administration is working to generate even more power in the Commonwealth – with more power comes more national security, more independence, and more economic freedom. My Administration is going to continue to bring people together to attract new investment to Pennsylvania, and we stand ready to work with Talen Energy and its partners to review permits for this project as efficiently as possible.” – Pennsylvania Governor Josh Shapiro (D) 

    “Talen and Amazon’s expanded nuclear energy relationship not only strengthens the future of the Susquehanna plant and maintains its contributions to the community, but also helps to support the development of AI technology in Pennsylvania. Adding data centers that support AI strengthens American national security, provides a wide variety of economic opportunities, and positions the Commonwealth, and the U.S., as a leader in AI innovation.” – U.S. Senator Dave McCormick (R-PA)

    “I’m pleased about the economic development opportunities the Commonwealth and the Ninth District will receive thanks to Talen and Amazon’s long-term arrangement. Our communities will not only benefit from the economic development that will occur, but also from the contributions that the Susquehanna plant provides as a large employer within the district. Thank you, Talen, Amazon and PPL for working together to bring these benefits to Pennsylvania.” – U.S. Representative Dan Meuser (R-PA), who represents Pennsylvania’s 9thU.S. Congressional District

    “IBEW Local 1600 strongly supports the new transaction. Our members, friends, and families all benefit from the jobs and community growth this investment in Susquehanna will bring. This sets up a great career path for young students coming out of high school or college who are looking for a career in the electrical industry.” – John “Rusty” Clausius, President, IBEW Local 1600

    Investor Call

    Talen will host an investor call at 8:00 a.m. EDT today, Wednesday, June 11, 2025. To participate in the call, please register for the webcast via the page linked here. Participants can also join by phone by registering via the form linked here prior to the start time of the call to receive a conference call dial-in number. For those unable to participate in the live event, a digital replay will be archived for approximately one year and available on the Events page of Talen’s Investor Relations website linked here.

    About Talen

    Talen Energy (NASDAQ: TLN) is a leading independent power producer and energy infrastructure company dedicated to powering the future. We own and operate approximately 10.7 gigawatts of power infrastructure in the United States, including 2.2 gigawatts of nuclear power and a significant dispatchable fossil fleet. We produce and sell electricity, capacity, and ancillary services into wholesale U.S. power markets, with our generation fleet principally located in the Mid-Atlantic and Montana. Our team is committed to generating power safely and reliably and delivering the most value per megawatt produced. Talen is also powering the digital infrastructure revolution. We are well-positioned to capture this significant growth opportunity, as data centers serving artificial intelligence increasingly demand more reliable, clean power. Talen is headquartered in Houston, Texas. For more information, visit https://www.talenenergy.com/.

    Investor Relations:

    Sergio Castro
    Vice President & Treasurer
    InvestorRelations@talenenergy.com

    Media:

    Taryne Williams
    Director, Corporate Communications
    Taryne.Williams@talenenergy.com

    Forward Looking Statements

    This communication contains forward-looking statements within the meaning of the federal securities laws, which statements are subject to substantial risks and uncertainties. These forward-looking statements are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this communication, or incorporated by reference into this communication, are forward-looking statements. Throughout this communication, we have attempted to identify forward-looking statements by using words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecasts,” “goal,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “will,” or other forms of these words or similar words or expressions or the negative thereof, although not all forward-looking statements contain these terms. Forward-looking statements address future events and conditions concerning, among other things, capital expenditures, earnings, litigation, regulatory matters, hedging, liquidity and capital resources and accounting matters. Forward-looking statements are subject to substantial risks and uncertainties that could cause our future business, financial condition, results of operations or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this communication. All of our forward-looking statements include assumptions underlying or relating to such statements that may cause actual results to differ materially from expectations, and are subject to numerous factors that present considerable risks and uncertainties.

    The MIL Network –

  • MIL-OSI: Xunlei Announces Investee Company Completes IPO on Shanghai Stock Exchange STAR Market

    Source: GlobeNewswire (MIL-OSI)

    SHENZHEN, China, June 11, 2025 (GLOBE NEWSWIRE) — Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced that its investee company, Arashi Vision Inc. (“Arashi Vision”, also known as Insta360), has completed its initial public offering on the Shanghai Stock Exchange STAR Market under the stock ticker 688775 on June 11, 2025. As of the date of this press release, Xunlei holds approximately 7.8% the equity interest in Arashi Vision.

    About Xunlei

    Founded in 2003, Xunlei Limited (Nasdaq: XNET) is a leading technology company providing distributed cloud services in China. Xunlei provides a wide range of products and services across cloud acceleration, shared cloud computing and digital entertainment to deliver an efficient, smart and safe internet experience.

    Safe Harbor Statement

    This press release contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as “will,” “expects,” “believes,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the management’s quotations, the “Outlook” and “Guidance” sections in this press release, as well as the Company’s strategic, operational and acquisition plans, contain forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. Forward-looking statements involve inherent risks and uncertainties, including but not limited to: the Company’s ability to continue to innovate and provide attractive products and services to retain and grow its user base; the Company’s ability to keep up with technological developments and users’ changing demands in the internet industry; the Company’s ability to convert its users into subscribers of its premium services; the Company’s ability to deal with existing and potential copyright infringement claims and other related claims; the risk that COVID-19 or other health risks in China or globally could adversely affect the Company’s operations or financial results; the Company’s ability to react to the governmental actions for its scrutiny of internet content in China and the Company’s ability to compete effectively. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. Further information regarding risks and uncertainties faced by the Company is included in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of the press release, and the Company undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law.

    CONTACT:
    Investor Relations
    Xunlei Limited
    Email: ir@xunlei.com
    Tel: +86 755 8633 8443
    Website: http://ir.xunlei.com

    The MIL Network –