NewzIntel.com

Category: Finance

  • MIL-OSI: Apollo Commercial Real Estate Finance, Inc. Declares Quarterly Common Stock Dividend

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) — Apollo Commercial Real Estate Finance, Inc. (the “Company”) (NYSE:ARI) today announced the Board of Directors declared a dividend of $0.25 per share of common stock, which is payable on July 15, 2025 to common stockholders of record on June 30, 2025.

    About Apollo Commercial Real Estate Finance, Inc.
    Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) is a real estate investment trust that primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings and other commercial real estate-related debt investments. The Company is externally managed and advised by ACREFI Management, LLC, a Delaware limited liability company and an indirect subsidiary of Apollo Global Management, Inc., a high-growth, global alternative asset manager with approximately $785 billion of assets under management as of March 31, 2025.

    Additional information can be found on the Company’s website at www.apollocref.com. Please note that our URL address has changed.

    Forward-Looking Statements
    Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. Forward-looking statements are subject to substantial risks and uncertainties, many of which are difficult to predict and are generally beyond the Company’s control. These forward-looking statements include information about possible or assumed future results of the Company’s business, financial condition, liquidity, results of operations, plans and objectives. When used in this release, the words believe, expect, anticipate, estimate, plan, continue, intend, should, may or similar expressions, are intended to identify forward-looking statements. Statements regarding the following subjects, among others, may be forward-looking: higher interest rates and inflation; market trends in the Company’s industry, real estate values, the debt securities markets or the general economy; the timing and amounts of expected future fundings of unfunded commitments; the return on equity; the yield on investments; the ability to borrow to finance assets; the Company’s ability to deploy the proceeds of its capital raises or acquire its target assets; and risks associated with investing in real estate assets, including changes in business conditions and the general economy. For a further list and description of such risks and uncertainties, see the reports filed by the Company with the Securities and Exchange Commission. The forward-looking statements, and other risks, uncertainties and factors are based on the Company’s beliefs, assumptions and expectations of its future performance, taking into account all information currently available to the Company. Forward-looking statements are not predictions of future events. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    CONTACT: Hilary Ginsberg
    Investor Relations
    (212) 822-0767

    The MIL Network –

  • MIL-OSI: Vimeo Elects Adam Cahan, Lydia Jett, and Kirsten Kliphouse to Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) — Vimeo, Inc. (NASDAQ: VMEO), one of the largest and most trusted private video networks in the world, today announced the election of Adam Cahan, Lydia Jett, and Kirsten Kliphouse to its Board of Directors. The new Board members were elected during the company’s Annual Stockholder Meeting on June 9, 2025. In addition to its new Board members, Vimeo also announced the departures of two Board members, Alesia J. Haas and Ida Kane, both of whom had served on the Board since Vimeo’s spin-off in 2021.

    Vimeo’s new Board members represent a diverse background of experience, helping continue to guide the company in a positive trajectory. We believe their combined expertise will be invaluable as we continue to innovate and serve our growing global community. More about the new Board members below:

    • Adam Cahan is a senior technology executive with 25+ years of experience in the media technology and telecommunications industries. He most recently served as the CEO for PAX, a technology-based consumer packaged goods company in the health and wellbeing industry. Adam also served as a director on the supervisory board for ProSiebenSat.1 Media, one of Europe’s largest media companies, and previously held senior leadership roles at Yahoo, MTV Networks, Google, McKinsey & Company and NBC Universal.
    • Lydia Jett is a Founding Partner and Managing Partner, Head of Consumer Internet and eCommerce sectors of Softbank Investment Advisors. For 20+ years, Lydia has invested in and served on the boards of market-leading technology businesses, working with several of the most significant consumer platforms across the globe.
    • Kirsten Kliphouse recently served as President of Google Cloud Americas, where she was responsible for leading and growing the sales, go-to-market, customer engagement, channel, and services organizations. Prior to Google Cloud, Kirsten held leadership positions at Red Hat, Microsoft, and served as CEO of Yardarm Technologies and Scaling Ventures.

    “Expanding our Board with the combined experience of Adam, Lydia and Kirsten, I am energized by the wealth of opportunity ahead of us,” said Philip Moyer, CEO of Vimeo. “These individuals have proven themselves in their own domains and bring a host of insights to help our customers across a variety of dynamic industries. Lastly, on behalf of our Board of Directors, we thank Alesia and Ida for their contributions and dedication to Vimeo since the company went public in 2021. We wish them well in their next endeavors.”

    About Vimeo
    Vimeo (NASDAQ: VMEO) is the world’s most innovative video experience platform. We enable anyone to create high-quality video experiences to better connect and bring ideas to life. We proudly serve our community of millions of users – from creative storytellers to globally distributed teams at the world’s largest companies – whose videos receive billions of views each month. Learn more at www.vimeo.com.

    Contact: Frank Filiatrault / frank.filiatrault@vimeo.com

    The MIL Network –

  • MIL-OSI: CEA Industries to Participate at the Sidoti Conference on June 12, 2025

    Source: GlobeNewswire (MIL-OSI)

    Louisville, Colorado, June 10, 2025 (GLOBE NEWSWIRE) — CEA Industries Inc. (NASDAQ: CEAD, CEADW) (“CEA Industries” or the “Company”), today announced its participation at the upcoming Sidoti Conference being held virtually June 11-12, 2025.

    CEA Industries will hold 1×1 investor meetings throughout the day on Thursday, June 12, 2025, and present virtually at 10:45 a.m. ET the same day. Please click here to register and view the on-demand presentation. A replay of the presentation will also be available on the investor relations section of the Company’s website at www.ceaindustries.com.

    For additional information about the conference, or to schedule 1×1 meetings with the Company’s management team, please contact Elevate IR at info@ceaindustries.com.

    About CEA Industries Inc.

    CEA Industries Inc. (NASDAQ: CEAD) is a growth-oriented company focused on building category-leading businesses in regulated consumer markets. With a focus on the high-growth, Canadian nicotine vape industry, one of the fastest-expanding segments of the global nicotine market, CEA Industries targets scalable operators with strong regulatory alignment, defensible market share, and high-margin business models. The Company provides capital, operational expertise, and strategic resources to accelerate retail expansion, strengthen e-commerce infrastructure, and drive long-term value creation in performance-driven sectors. For more information, visit www.ceaindustries.com.

    Investor Contact:

    Sean Mansouri, CFA or Aaron D’Souza
    Elevate IR
    info@ceaindustries.com
    (720) 330-2829

    The MIL Network –

  • MIL-OSI: Globalink Investment Inc. Announces Charter and Trust Agreement Amendments

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, June 10, 2025 (GLOBE NEWSWIRE) — Globalink Investment Inc. (OTC Pink: GLLI, GLLIW, GLLIR, GLLIU) (“Globalink” or the “Company”), a special purpose acquisition company, announced today that its stockholders approved amendments to its charter and trust agreement to extend the deadline to complete its initial business combination and change the structure and cost of such extensions. Under the amended charter, Globalink may extend the deadline to complete its initial business combination by up to six (6) monthly extensions, from June 9, 2025 to December 9, 2025 by depositing $0.15 per public share into its trust account (the “Trust Account”) with Continental Stock Transfer and Trust Company (“Continental”).

    Globalink’s stockholders, at a special meeting of its stockholders held on June 4, 2025, approved an amendment to Globalink’s Amended and Restated Certificate of Incorporation, as amended (the “Charter Amendment”), and Globalink’s Investment Management Trust Agreement, as amended, originally entered into on December 6, 2021 with Continental (the “Trust Agreement Amendment”) to extend the deadline to complete Globalink’s initial business combination from June 9, 2025 to up to December 9, 2025 for up to six times of monthly extensions, by depositing into the Trust Account $0.15 per public share prior to each one-month extension.

    The Charter Amendment triggered a right of Globalink’s public stockholders to demand the redemption of their public shares out of funds held in the Trust Account. Holders of 204,910 public shares properly requested redemption leaving 72,601 public shares outstanding.

    As a consequence of the adoption of the Charter Amendment and the Trust Agreement Amendment and the redemptions, Globalink can now obtain up to six monthly extensions, or up until December 9, 2025, to complete its initial business combination at a cost of $0.15 per public share per extension.

    About Globalink Investment Inc.

    Globalink is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Although there is no restriction or limitation on what industry or geographic region, Globalink intends to pursue targets in North America, Europe, South East Asia, and Asia (excluding China, Hong Kong and Macau) in the technology industry, specifically within the medical technology and green energy sectors.

    Cautionary Statement Regarding Forward-Looking Statements

    Certain statements in this press release are “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created thereby. In some cases, forward-looking statements can be identified by terminology such as “may,” “will,” “could,” “would,” “should,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “predict,” “potential,” “outlook,” “guidance” or the negative of those terms or other comparable terminology. These statements are based on the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause future events to differ materially from those in the forward-looking statements, many of which are outside of the Company’s control. These factors include, but are not limited to, a variety of risk factors affecting the Company’s business and prospects, see the section titled “Risk Factors” in the Company’s Prospectus filed with the SEC on December 6, 2021 and subsequent reports filed with the SEC, as amended from time to time. Any forward-looking statements are made only as of the date hereof, and unless otherwise required by applicable securities laws, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Globalink Contact:

    Say Leong Lim
    Globalink Investment Inc.
    Telephone: +6012 405 0015
    Email: limsayleong@hotmail.com 

    The MIL Network –

  • MIL-OSI: Micropolis Holding Company Filed Annual Report on Form 20-F for the Year Ended December 31, 2024

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, June 10, 2025 (GLOBE NEWSWIRE) — Micropolis Holding Company (“Micropolis” or the “Company”) (NYSE American: MCRP), a pioneer in unmanned ground vehicles and AI-driven security solutions, announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission (the “SEC”) on May 8, 2025. The annual report on Form 20-F, which contains Micropolis’ audited annual financial statements for the fiscal year ended December 31, 2024, can be accessed on the SEC’s website at http://www.sec.gov, as well as via the Company’s investor relations website at https://investors.micropolis.ai/filings.

    The Company will deliver a hard copy of its 2024 annual report on Form 20-F, including its complete audited financial statements, free of charge, to its shareholders upon written request to Fareed Aljawhari, Chief Executive Officer, at fareed@micropolis.ae.

    About Micropolis Holding Company
    Micropolis is a UAE-based company specializing in the design, development, and manufacturing of unmanned ground vehicles (UGVs), AI systems, and smart infrastructure for urban, security, and industrial applications. The Company’s vertically integrated capabilities cover everything from mechatronics and embedded systems to AI software and high-level autonomy.

    For more information please visit www.micropolis.ai.

    Forward-Looking Statements
    This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate”, “estimate”, “expect”, “project”, “plan”, “intend”, “believe”, “may”, “will”, “should”, “can have”, “likely” and other words and terms of similar meaning. Forward-looking statements represent Micropolis’ current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

    Investor Contact:
    KCSA Strategic Communications
    Valter Pinto, Managing Director
    PH: (212) 896-1254
    Valter@KCSA.com

    Media Contact:
    Jessica Starman
    media@elev8newmedia.com

    The MIL Network –

  • MIL-OSI: Canoe Financial announces changes to its mutual fund lineup

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, June 10, 2025 (GLOBE NEWSWIRE) — Canoe Financial LP (“Canoe Financial”) today announced changes to two of its investment funds.

    Fund name changes

    Effective June 20 2025, the following name changes will take effect:

    • Canoe Defensive Global Balanced Fund will be renamed Canoe Fundamental Global Balanced Fund
    • Canoe Canadian Small Mid Cap Portfolio Class will be renamed Canoe Fundamental Small Mid Cap Portfolio Class

    These changes reflect Canoe Financial’s continued focus on clarity, precision and alignment between fund names and investment strategies.

    Canoe Fundamental Global Balanced Fund
    The new name reflects the fund’s change in investment strategy to focus on fundamental, bottom-up security selection, in alignment with Canoe Financial’s investment process.

    This change also removes the risk management overlay previously managed by Nalmont Capital Inc. (“Nalmont”). With the termination of the sub-advisory agreement with Nalmont, as it relates to Canoe Defensive Global Balanced Fund, Canoe Financial and Robert Taylor as its Chief Investment Officer, will be solely responsible for managing the fund’s portfolio. Nalmont will continue to act as sub-advisor to Canoe Defensive Global Equity Fund, Canoe Defensive International Equity Fund and Canoe Defensive U.S. Equity Portfolio Class.

    Canoe Fundamental Small Mid Cap Portfolio Class
    To broaden the fund’s opportunity set, the fund’s investment strategy has been changed to increase the foreign equity exposure limit to 49%, up from its previous constraint of 30%. This change enhances the fund’s ability to capitalize on attractive small- and mid-cap opportunities outside of Canada.

    The fund’s new name reflects this added flexibility while maintaining its focus on high-conviction, actively managed small- and mid-cap equities.

    No changes have been made to the investment objectives of either Canoe Fundamental Global Balanced Fund or Canoe Fundamental Small Mid Cap Portfolio Class.

    About Canoe Financial
    Canoe Financial is one of Canada’s fastest growing independent mutual fund companies managing approximately $20.0 billion in assets across a diversified range of award-winning investment solutions. Founded in 2008, Canoe Financial is an employee-owned investment management firm focused on building financial wealth for Canadians. Canoe Financial has a significant presence across Canada, including offices in Calgary, Toronto and Montreal.

    Contact
    Canoe Financial LP
    1-877-434-2796
    info@canoefinancial.com

    Disclaimer

    Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.

    The MIL Network –

  • MIL-OSI: Grupo Financiero Galicia S.A. Announces Commencement of Secondary Offering of American Depositary Shares by HSBC Bank plc

    Source: GlobeNewswire (MIL-OSI)

    BUENOS AIRES, June 10, 2025 (GLOBE NEWSWIRE) —  Grupo Financiero Galicia S.A. (Nasdaq: GGAL; Bolsas y Mercados Argentinos S.A./A3 Mercados S.A.: GGAL, the “Company”), one of Argentina’s largest financial services groups, announced today the launch of an underwritten secondary offering (the “Offering”) by HSBC Bank plc (the “Selling Shareholder”) of 11,721,449 American Depositary Shares (“ADSs”) representing 117,214,490 Class B ordinary shares of the Company, par value Ps.1.00 per share (“Class B ordinary shares”). The ADSs are not authorized for public offering in Argentina by the Argentine National Securities Exchange Commision (Comisión Nacional de Valores – “CNV”) and they may not be offered or sold publicly under the Argentine Capital Markets Law No. 26,831, as amended and complemented.  The documents related to the Offering have not been filed with, reviewed or authorized by the CNV, and therefore the CNV has not made any determination as to the truthfulness or completeness of those documents.

    All of the ADSs are being offered by the Selling Shareholder. The Selling Shareholder will receive all of the proceeds from the Offering. The Company is not selling any ADSs in the Offering and will not receive any proceeds from the Offering.

    Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC are acting as the representatives of the underwriters of the Offering.

    The Offering is being made pursuant to an effective shelf registration statement on Form F-3 (including a prospectus) filed by the Company with the U.S. Securities and Exchange Commission (“SEC”). Before you invest, you should read the prospectus in the shelf registration statement and the related prospectus supplement and other documents the Company has filed with the SEC for more complete information about the Company and the Offering. The Offering will be made only by means of a prospectus and a related prospectus supplement relating to the Offering, copies of which may be obtained from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, and from Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, by telephone at (866) 471-2526, or by email at prospectus-ny@ny.email.gs.com. A copy of the prospectus and the related prospectus supplement relating to the Offering may also be obtained free of charge by visiting EDGAR on the SEC’s website at www.sec.gov.

    This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    Cautionary Note Concerning Forward Looking Statements

    This press release contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Exchange Act. Such forward-looking statements include, but are not limited to, those regarding the expected number of ADSs to be sold in the Offering . Forward-looking statements generally can be identified by the use of such words as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue” or other similar terminology, although not all forward-looking statements contain these identifying words. Such statements are subject to numerous important factors, risks and uncertainties that may cause actual events or results to differ materially from current expectations and beliefs, including, but not limited to, risks and uncertainties related to: the occurrence of any event, change or other circumstance that could impact the expected timing, completion or other terms of the Offering; the impact of general economic, industry or political conditions in the United States or internationally, as well as the other risk factors set forth under the caption  Item 3.D. “Risk Factors” in our most recent annual report on Form 20-F, and from time to time in the Company’s other filings with the SEC. The information contained in this press release is as of the date indicated above.  The Company does not undertake any obligation to release publicly any revisions to forward-looking statements to reflect later events or circumstances or to reflect the occurrence of unanticipated events.

    About Grupo Financiero Galicia S.A.:

    Grupo Financiero Galicia S.A. (Nasdaq: GGAL; Bolsas y Mercados Argentinos S.A./A3 Mercados S.A.: GGAL) is the main financial services holding company in Argentina, which seeks to create long-term value through its companies, providing savings, credit, investment, insurance, advice and digital solutions opportunities to people, companies and organizations, prioritizing customer experience and sustainable development.

    With more than 110 years of experience, Grupo Financiero Galicia S.A. is a group of financial services companies in Argentina, integrated by Banco de Galicia y Buenos Aires S.A.U. (Banco Galicia), GGAL Holdings S.A. (Galicia Más Holdings), Tarjetas Regionales S.A. (Naranja X), Sudamericana Holdings S.A. (Galicia Seguros), Galicia Asset Management S.A.U. (Fondos Fima), IGAM LLC (Inviu), Galicia Securities S.A.U. (Galicia Securities), Agri Tech Investment LLC (Nera), Galicia Ventures LP and Galicia Investments LLC (collectively referred to as Galicia Ventures), and Galicia Warrants S.A. (Warrants).

    Investor Contact:

    Mr. Pablo Firvida
    Investor Relations Officer
    www.gfgsa.com 
    +5411 6329 4881
    inversores@gfgsa.com 

    THE TERMS AND CONDITIONS OF THE OFFERING WILL BE NOTIFIED IN ARGENTINA PURSUANT TO AN HECHO RELEVANTE, SOLELY FOR INFORMATIONAL PURPOSES, BUT SUCH NOTICE WILL NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN ARGENTINA.

    The MIL Network –

  • MIL-OSI: Brookfield Business Corporation Announces Results of Annual Meeting of Shareholders

    Source: GlobeNewswire (MIL-OSI)

    BROOKFIELD, NEWS, June 10, 2025 (GLOBE NEWSWIRE) — Brookfield Business Corporation (the “Corporation”) (NYSE, TSX: BBUC) today announced that all ten nominees proposed for election to the board of directors of the Corporation by holders of class A exchangeable subordinate voting shares (“Exchangeable Shares”) and holders of class B multiple voting shares (“Class B Shares”) were elected at the Corporation’s annual general meeting of shareholders held on June 10, 2025 in a virtual meeting format. Detailed results of the vote for the election of directors are set out below.

    In accordance with the Corporation’s articles, each Exchangeable Share was entitled to one vote per share, representing a 25% voting interest in the Corporation in the aggregate, and the Class B Shares were entitled to a total of 215,082,201 votes in the aggregate, representing a 75% voting interest in the Corporation.

    The following is a summary of the votes cast by holders of Exchangeable Shares and Class B Shares, voting together as a single class, in regard to the election of the ten directors:

    Director Nominee Votes For % Votes Withheld %
    Cyrus Madon 279,593,990  99.90 268,437  0.10
    Jeffrey Blidner 277,344,556  99.10 2,517,871  0.90
    David Court 279,649,745  99.92 212,682  0.08
    Stephen Girsky 279,463,948  99.86 398,479  0.14
    David Hamill 279,646,581  99.92 215,846  0.08
    Anne Ruth Herkes 279,648,255  99.92 214,172  0.08
    John Lacey 272,069,850  97.22 7,792,577  2.78
    Don Mackenzie 279,782,671  99.97 79,756  0.03
    Michael Warren 279,782,332  99.97 80,095  0.03
    Patricia Zuccotti 279,751,664  99.96 110,763  0.04

    A summary of all votes cast by holders of the Exchangeable Shares and Class B Shares represented at the Corporation’s annual meeting of shareholders is available on SEDAR+ at www.sedarplus.ca.

    Brookfield Business Partners is a global business services and industrials company focused on owning and operating high-quality businesses that provide essential products and services and benefit from a strong competitive position. Investors have flexibility to invest in our company either through Brookfield Business Partners L.P. (NYSE: BBU; TSX: BBU.UN), a limited partnership, or Brookfield Business Corporation (NYSE, TSX: BBUC). For more information, please visit https://bbu.brookfield.com.

    Brookfield Business Partners is the flagship listed vehicle of Brookfield Asset Management’s Private Equity Group. Brookfield Asset Management is a leading global alternative asset manager with over $1 trillion of assets under management.

    For more information, please contact:

    Media: Investors:
    Marie Fuller Alan Fleming
    Tel: +44 207 408 8375 Tel: +1 (416) 645-2736
    Email: marie.fuller@brookfield.com Email: alan.fleming@brookfield.com

    The MIL Network –

  • MIL-OSI: cBrain appoints new CFO

    Source: GlobeNewswire (MIL-OSI)

    Company Announcement no. 07/2025

    cBrain appoints new CFO

    Copenhagen, June 11, 2025

    cBrain (NASDAQ: CBRAIN) is happy to announce that Lars Møller Christiansen has accepted the role as new CFO starting August 1st, 2025.

    Lars Møller Christiansen comes from a position as Deputy Director at the Environmental Protection Agency (EPA), now known as the Agency for Green Land Use Planning and Aquatic Environment. Lars was responsible for financial management and digitization at the Danish EPA.

    cBrain’s current CFO, Ejvind Jørgensen, wishes to step down after nine years in the role. Following a transition period, Ejvind will take up other responsibilities, still being part of the cBrain journey.

    Lars is known as a digital front runner, and he brings in-depth knowledge of eGovernment. During his career in Danish government for more than 24 years, Lars has engaged in positions within financial management as well as led projects from ministerial digitization to digitizing environment and climate processes. In parallel with his role as the new CFO, Lars thereby brings solid experience, supporting cBrain’s international growth plan and leveraging Danish government expertise globally.

    “Digital decision-making processes are crucial for the speed of the green transition. I am very much looking forward to applying my experience in an innovative tech company like cBrain, which has clear ambitions to make a difference for the climate and environment, both in Denmark and globally,” says Lars.

    Best regards

    Per Tejs Knudsen, CEO

    Inquiries regarding this Company Announcement may be directed to 

    Ejvind Jørgensen, CFO & Head of Investor Relations, cBrain A/S, ir@cbrain.com, +45 2594 4973

    Attachment

    The MIL Network –

  • MIL-OSI USA: Alabama Chiropractor Pleads Guilty to Tax Evasion and Obstruction

    Source: US State of California

    Shortly after trial began, an Alabama chiropractor pleaded guilty yesterday to tax evasion and obstructing the IRS.

    The following is according to court documents and evidence admitted at trial: Gary Forrest Edwards, of Shelby County, Alabama, owned and operated the chiropractic practice Hoover Health & Wellness Center. After not filing income tax returns for many years, in 2015, Edwards filed tax returns for 2009 through 2013. He later filed a tax return for 2017. On these returns, Edwards admitted that he owed more than $2.5 million in taxes. Nevertheless, he did not pay the taxes he reported due and did not pay the interest and penalties assessed against him.

    Edwards took steps to thwart the IRS’s efforts to assess and collect taxes against him, including concealing financial accounts he owned from the IRS, transferring funds from accounts he owned to accounts in only his spouse’s name, filing false court documents to terminate federal tax liens against his property, and lying to IRS criminal investigators.

    Edwards will be sentenced later this year. He faces a maximum sentence of five years in prison for the evasion charge and a maximum sentence of three years in prison on the obstruction charge. He also faces a period of supervised release, restitution, and monetary penalties. U.S. District Court Judge Anna Manasco for the Northern District of Alabama will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Acting Deputy Assistant Attorney General Karen E. Kelly of the Justice Department’s Tax Division and U.S. Attorney Prim F. Escalona for the Northern District of Alabama made the announcement.

    IRS Criminal Investigation is investigating the case.

    Trial Attorney Isaiah Boyd of the Tax Division and Assistant U.S. Attorney Allison Garnett for the Northern District of Alabama are prosecuting the case.

    MIL OSI USA News –

  • MIL-OSI Europe: Highlights – Exchange of views with Ioannis Tsakiris, Vice-President of the EIB – Special committee on the Housing Crisis in the European Union

    Source: European Parliament

    On 16 June, HOUS Members will hold an exchange of views with Ioannis Tsakiris, Vice-President of the European Investment Bank (EIB).

    Vice-President Tsakiris will provide an overview of the recently approved EIB housing action plan.

    The meeting will also offer insight into selected projects to showcase how the EIB is assisting cities, regions and the construction sector in the development and renovation of affordable and energy efficient housing solutions.

    MIL OSI Europe News –

  • MIL-OSI Europe: Answer to a written question – Follow-up on the European Council’s call for long-term investment planning on interconnecting the EU energy market – E-001304/2025(ASW)

    Source: European Parliament

    As outlined in the Affordable Energy Action Plan[1], there is a clear and urgent need to develop energy system interconnections to strengthen our Energy Union in order to lower energy costs, enhance competitiveness and ensure an independent and secure energy system.

    Investments in grids and interconnectors will be particularly instrumental. Investing EUR 2 billion per year in cross-border networks provides EUR 5 billion in benefits for citizens yearly.

    The Connecting Europe Facility is the key EU funding instrument for promoting cross-border energy infrastructure, with a financial envelope for the period from 1 January 2021 to 31 December 2027 of some EUR 5.8 billion dedicated to energy projects.

    The Competitiveness Compass[2], the Clean Industrial Deal[3] and the Affordable Energy Action Plan recall the importance for the EU to continue providing sufficient funding to support the completion of the Energy Union’s interconnectors and energy infrastructure. Concrete proposals on future financing will be considered in the framework of the next multiannual financial programme.

    As announced in the Clean Industrial Deal, EU funding will provide significant further investments in the infrastructure and connectivity required to complete the Energy Union.

    The Commission will also put forward a European Grid Package to, among others, ensure cross-border integrated planning and delivery of projects, especially on interconnectors.

    At the same time, the Commission recalls that existing infrastructure needs to be used efficiently, notably by fully implementing the target of 70% of available capacity for cross-border exchanges at the interconnectors.

    • [1] Action Plan for Affordable Energy Unlocking the true value of our Energy Union to secure affordable, efficient and clean energy for all Europeans, COM/2025/79 final.
    • [2] A Competitiveness Compass for the EU, COM(2025) 30 final.
    • [3] The Clean Industrial Deal: A joint roadmap for competitiveness and decarbonisation, COM(2025) 85 final.
    Last updated: 10 June 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Answer to a written question – Need for a permanent ceasefire and the escalation of violence in the West Bank – E-000985/2025(ASW)

    Source: European Parliament

    The European Council in March 2025[1] deplored the breakdown of the ceasefire in Gaza, and called for an immediate return to the full implementation of the ceasefire-hostage release agreement.

    It stressed the need for a ceasefire leading to the release of all hostages and a permanent end to hostilities. Joint statements by the High Representative/Vice-President, the Commissioner for the Mediterranean and the Commissioner for Humanitarian Aid and Crisis Management on the importance of lifting the blockade on humanitarian aid into Gaza were issued on 12 April 2025[2] and 7 May 2025[3].

    The EU has been consistently calling for the immediate resumption of humanitarian aid at scale into Gaza and encouraged all similar appeals.

    The EU remains committed to a comprehensive, just and lasting peace based on the two-state solution in accordance with the international law and relevant United Nations Security Council Resolutions.

    The EU continues its efforts promoting a political process through the Global Alliance for the implementation of the two-state solution. The EU also continues to support the Palestinian Authority[4] to address its most pressing needs, build institutional capacities, and implement its reform agenda.

    At the EU-Palestine High-Level Political Dialogue, which took place on 14 April 2025 in Luxembourg, the Commission proposed a multiannual Comprehensive Support Programme[5] worth up to EUR 1.6 billion, to foster Palestinian recovery and resilience for 2025-2027.

    It is structured around three pillars: 1) Support to services for Palestinian people (EUR 620 million in grants of direct assistance); 2) Support to recovery and stabilisation of the West Bank and in Gaza (EUR 576 million in grants, including EUR 82 million per year for the United Nations Relief and Works Agency for Palestine Refugees in the Near East); and 3) Support for the private sector (up to EUR 400 million of European Investment Bank in loans).

    • [1] https://www.consilium.europa.eu/media/viyhc2m4/20250320-european-council-conclusions-en.pdf.
    • [2] https://north-africa-middle-east-gulf.ec.europa.eu/news/joint-statement-high-representative-kallas-and-commissioners-suica-and-lahbib-humanitarian-situation-2025-04-12_en.
    • [3] https://ec.europa.eu/commission/presscorner/detail/de/statement_25_1155.
    • [4] This designation shall not be construed as recognition of a State of Palestine and is without prejudice to the individual positions of the Member States on this issue.
    • [5] https://ec.europa.eu/commission/presscorner/detail/en/ip_25_1055.
    Last updated: 10 June 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Answer to a written question – Balance between renewable energy and territorial sustainability: measures to avoid saturation of large-scale projects in Aragon and encourage self-consumption – E-001027/2025(ASW)

    Source: European Parliament

    Renewable power generation is key to lower energy prices, reinforce EU’s competitiveness and energy autonomy and achieve EU’s decarbonisation objectives.

    Mindful of the importance of balancing energy generation with other public interests, EU legislation has established a comprehensive legal framework to fully explore synergies for land and encourage the multiple use of space.

    Moreover, the EU legislative framework is also supportive of renewables small-scale projects, energy communities and self-consumption, particularly through Article 16d and 21 of the Renewables Energy Directive[1] and Article 15 and 15a of the Electricity Market Directive[2].

    The Energy Performance of Buildings Directive[3] also includes a phased obligation to install solar energy on certain categories of buildings.

    Full implementation of these provisions by Member States is urgent and should be encouraged. Member States may also develop their own initiatives to boost self-consumption, as Spain is doing through various reforms and investments under the National Recovery and Resilience Plan[4], including its REPowerEU chapter.

    Highlighting this complementarity, the EU Solar Energy Strategy recognises that to meet our EU targets we need both rooftop and utility-scale solar.

    It underlines how innovative forms of deployment, such as infrastructure-integrated solar, plug-in mini-solar or agrisolar systems can help mitigate land constraints.

    Some of them also help to promote renewables self-consumption. To complement the strategy, the Commission is also developing recommendations and guidance for Member States in this area.

    • [1] Consolidated text: Directive (EU) 2018/2001 of the European Parliament and of the Council of 11 December 2018 on the promotion of the use of energy from renewable sources (recast).
    • [2] Consolidated text: Directive (EU) 2019/944 of the European Parliament and of the Council of 5 June 2019 on common rules for the internal market for electricity and amending Directive 2012/27/EU (recast).
    • [3] Directive (EU) 2024/1275 of the European Parliament and of the Council of 24 April 2024 on the energy performance of buildings (recast) (Text with EEA relevance).
    • [4] Component 7 includes Reform 2 (C7.R2) on National self-consumption strategy, Reform 3 (C7.R3) on Development of energy communities and investment 1 (C7.I1) for the development of innovative renewable energies, integrated into buildings and production processes. Component 8 includes investment 3 (C8.I3) to develop new business models in the energy transition. Component 31 (REPowerEU) includes r Investment 1 (C31.I1) to promote self-consumption (based on renewable energy and behind-the-meter storage) and energy communities.
    Last updated: 10 June 2025

    MIL OSI Europe News –

  • MIL-OSI USA: Hagerty Introduces Trump’s Nominees Andy Puzder, Jacob Helberg

    US Senate News:

    Source: United States Senator for Tennessee Bill Hagerty
    WASHINGTON—Today, United States Senator Bill Hagerty (R-TN), a member of the Senate Foreign Relations Committee and former U.S. Ambassador to Japan, introduced Andy Puzder, President Donald Trump’s nominee to be U.S. Ambassador to the European Union, and Jacob Helberg, President Trump’s nominee to be Under Secretary of State for Economic Growth, Energy, and the Environment.

    *Click the photo above or here to watch*
    Remarks as prepared for delivery:
    Chairman Risch and Ranking Member Shaheen, thank you for holding today’s hearing.
    It is my honor to introduce two of my good friends this morning:
    Mr. Andy Puzder—President Trump’s nominee to be U.S. Ambassador to the European Union; and,
    Mr. Jacob Helberg—President Trump’s nominee to be Under Secretary of State for Economic Growth, Energy, and the Environment.
    Let me first speak to Andy’s qualifications.
    Andy is a patriot whose highly accomplished career in business, law, and public policy makes him an excellent candidate for this ambassadorial role.
    Andy is widely recognized for his leadership as the former CEO of CKE Restaurants, the parent company of Carl’s Jr. and Hardee’s.
    During his tenure, he led the company through a significant turnaround, growing CKE’s role as a major player in the global fast-food industry.
    Under Andy’s leadership, CKE expanded to over 3,800 restaurants across 45 states and 40 foreign countries, with more than 115,000 employees worldwide.
    His experience navigating international markets and cross-border business challenges gives him a practical, hands-on understanding of global commerce—an asset of particular relevance to a diplomatic post in Brussels that is focused on transatlantic economic relations.
    Yet his qualifications extend beyond the boardroom.
    Andy is a seasoned attorney, a published author, and a deeply respected voice in national debates over public policy.
    He has also been a vocal advocate for pro-growth economic policies, regulatory reform, and other efforts to strengthen American competitiveness in global markets—issues that are central to the ongoing relationship between the United States and the European Union.
    As the nominee to be U.S. Ambassador to the EU, Andy brings with him not only decades of executive leadership, but also a clear understanding of how economic policy affects real people, businesses, and international relationships.
    At a time when transatlantic cooperation faces both opportunities and challenges—from trade and technology to security—his experience and know-how will be critical to furthering ties between the United States and Europe in support of President Trump’s agenda.
    Let me now turn to Jacob Helberg, a nominee whose vision, intellect, and tenacity make him uniquely qualified for the role of Under Secretary of State for Economic Growth, Energy, and the Environment.
    His nomination comes at a pivotal moment.
    From economic coercion to critical mineral choke points to energy issues and the weaponization of advanced technologies, the challenges posed by adversaries to our nation are urgent and complex.
    To meet these challenges, we need fierce advocates for American competitiveness like Jacob at the State Department.
    Over the years I have known Jacob, I have found that he is a true visionary, with a rare ability to take big, strategic ideas and turn them into meaningful action.
    I remember when Jacob came by my office shortly after being nominated and I commented that his nomination was likely very unwelcome news in Beijing—and for good reason.
    Jacob’s ideas and publications have helped reframe how policymakers view China’s predatory trade practices and the strategic dimensions of emerging technologies in AI, space, and robotics.
    Jacob is a public servant, whose work as a commissioner on the U.S.-China Economic and Security Review Commission has driven U.S. policy toward a safer and more prosperous future.
    And Jacob is an internationally recognized leader, whose Hill and Valley Forum has become a preeminent venue for bringing Washington policymakers and Silicon Valley innovators together to address important economic and national security issues—the same issues that Jacob will tackle if confirmed as Under Secretary.
    At a time when authoritarian regimes like China exploit economic tools and emerging technologies to undermine our national interests, Jacob’s nomination reflects the urgent need for strategic, tech-savvy leadership of U.S. foreign policy.
    Jacob will bring to the role of Under Secretary not only a profound understanding of the global economy, but also a powerful grasp of the digital battlegrounds where this century’s great power competition is playing out.
    I have no doubt that Jacob will serve with integrity, focus, and a determination to strengthen America’s hand on the world stage.
    Mr. Chairman, thank you for the opportunity to introduce my friends Andy and Jacob this morning.
    I would also like to extend my regards to Ben Black, nominated to lead the U.S. International Development Finance Corporation, whose expertise in investment and development will be instrumental in advancing our nation’s global economic interests.
    We need these highly qualified leaders on the frontlines of American diplomacy, and I urge my colleagues to support their nominations.

    MIL OSI USA News –

  • MIL-OSI Economics: Microsoft announces quarterly dividend

    Source: Microsoft

    Headline: Microsoft announces quarterly dividend

    MIL OSI Economics –

  • MIL-OSI Banking: Microsoft announces quarterly dividend

    Source: Microsoft

    Headline: Microsoft announces quarterly dividend

    MIL OSI Global Banks –

  • MIL-OSI USA: H.R. 2116, Law Enforcement Support and Counter Transnational Repression Act

    Source: US Congressional Budget Office

    H.R. 2116 would require the Department of Homeland Security (DHS) to conduct a public service outreach campaign to educate the public and international allies about transnational repression and related terrorist threats. The outreach campaign would include information on resources and ways for victims of threats and intimidation by foreign governments and related terrorism threats to anonymously contact the Federal Bureau of Investigation. The bill also would require DHS to engage in research and development of technologies and techniques that would help state and local governments counter transnational repression and related threats.

    Based on the costs of similar outreach campaigns, CBO expects that the required campaign would have no significant costs. Under current law, DHS can conduct research and development to enhance its security and intergovernmental situational awareness. On that basis, CBO estimates that implementing H.R. 2116 would cost less than $500,000 over the 2025-2030 period. Any related spending would be subject to the availability of appropriated funds.

    The CBO staff contact for this estimate is Jeremy Crimm. The estimate was reviewed by H. Samuel Papenfuss, Deputy Director of Budget Analysis.

    Phillip L. Swagel

    Director, Congressional Budget Office

    MIL OSI USA News –

  • MIL-OSI Security: St. Paul Woman Charged with Assaulting Law Enforcement Officers During Lake Street Narcotics Search Warrants, Punching an FBI Agent Upon her Arrest

    Source: Office of United States Attorneys

    MINNEAPOLIS – Isabel Lopez, 27, of St. Paul, Minnesota, has been charged by federal complaint and indictment with assaulting, resisting, or impeding certain officers or employees, announced Acting U.S. Attorney Joseph H. Thompson.

    According to court documents, on June 3, 2025, law enforcement officers from multiple federal agencies were executing federal search warrants at eight Twin Cities locations.  These search warrants were related to a long-term investigation into narcotics trafficking, money laundering, human trafficking, and related offenses.  The investigation began with the seizure of 900 pounds of methamphetamine, with a street value of between $22 million and $25 million.

    One of the search warrant locations was the Cuatro Milpas restaurant on Lake Street in Minneapolis.  Shortly after the search warrant execution began, a crowd began to gather.  The crowd appeared to be under the mistaken belief that law enforcement was present to arrest individuals illegally present in the country for immigration offenses. This was incorrect.  In fact, agents were there to collect evidence pursuant to a federal search warrant signed by a federal judge.  Indeed, no one was arrested that day.  Recognizing the apparent misunderstanding, law enforcement explained the nature of the search warrant to crowd members.

    Some people in the crowd engaged in legal protest activity. Lopez, as detailed below, obstructed, impeded, and assaulted federal agents and officers, in violation of federal law.  Lopez physically assaulted several agents and officers.  She punched, kicked, and shoved agents and officers.  Crowd members moved to restrain Lopez.  Even as they were doing so, Lopez kicked an FBI agent. Lopez continued to assault federal agents and officers.  As law enforcement attempted to depart the scene, Lopez threw a softball at the back of a deputy from the Hennepin County Sheriff’s Office.

    On June 9, 2025, Lopez was charged by complaint with Assaulting, Resisting, and Impeding Officers, in violation of 18 U.S.C. § 111(a)(1).  When federal agents attempted to arrest Lopez, she punched an FBI agent in the head.

    Today, June 10, 2025, a federal grand jury returned a four-count indictment against defendant Lopez.  The grand jury charged Lopez with three counts of Assaulting, Resisting, and Impeding Officers, in violation of 18 U.S.C. § 111(a)(1)—two counts related to the assaults Lopez committed during the June 3rd search warrant execution and one count related to Lopez punching an FBI agent at the time of her arrest.  The grand jury also charged Lopez with one count of Obstruction of Law Enforcement During Civil Disorder, in violation of 18 U.S.C. § 231(a)(3).

    “As laid out in the complaint, federal agents were executing federal search warrants signed by a federal judge,” said Acting U.S. Attorney Joseph H. Thompson.  “The search warrants were part of a long-term drug trafficking, money laundering, and human trafficking investigation involving a transnational criminal organization.  The defendant physically attacked law enforcement agents in the course of their duties, even as the crowd tried to hold her back.  When the defendant was arrested, she doubled-down, punching an FBI agent in the head.  Let me make clear:  it is against the law to assault or obstruct federal law enforcement agents.  We do not punch cops.”

    “Assaulting a law enforcement officer engaged in their lawful duties, or damaging government property during a protest, is not protected under the First Amendment — it is a criminal offense,” said Special Agent in Charge Alvin M. Winston Sr. of FBI Minneapolis. “The FBI, along with our law enforcement partners, will use every available resource to investigate these acts, identify those responsible, and ensure they are held accountable under the law.” 

    “Our agents were lawfully performing their duties when they were surrounded and obstructed by individuals attempting to interfere with a federal operation.  Let me be clear – interfering with federal law enforcement is a crime, and those responsible will be identified and held accountable,” said ICE Homeland Security Investigations Special Agent in Charge Jamie Holt. “HSI and its partners operate with professionalism, purpose, and the full backing of the law.  I fully support the men and women who put themselves in harm’s way every day to uphold public safety.  No one should face threats, intimidation, or violence while carrying out the duties entrusted to them by the American people.  The safety of our agents and officers will never be compromised.”

    “Respect for the rule of law is the foundation of our justice system,” said Special Agent in Charge of ATF Travis Riddle. “When federal law enforcement officers are executing a lawful search warrant, which is part of ensuring due process, interference, especially violent interference, will not be tolerated. Anyone who chooses to escalate these situations and assault officers should expect to be held accountable. Actions have consequences.”

    Assaulting a federal agent is not only a criminal act–it is an attack on an individual, a member of our community, and the integrity of the justice system itself,” said Ramsey E. Covington, Special Agent in Charge of IRS Criminal Investigation, Chicago Field Office. “Acts of violence against federal agents will not be tolerated and will be met with swift and appropriate action. This arrest underscores our commitment to upholding the rule of law without compromise and ensuring offenders who attempt to obstruct justice are held fully accountable.”

    Lopez made her initial appearance in U.S. District Court today, before Magistrate Judge John F. Docherty.  She will remain detained pending a detention hearing.

    This case is a result of a criminal investigation conducted by the FBI, HSI, DEA, IRS-CI, ATF, USMS, and Hennepin County Sheriff’s Office.

    A complaint is merely an allegation, and the defendant is presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL Security OSI –

  • MIL-OSI Security: Lowell Man Pleads Guilty to Methamphetamine Trafficking Conspiracy with Asian Boyz Gang

    Source: Office of United States Attorneys

    Over 13,000 counterfeit “Adderall” pills containing methamphetamine recovered during search of defendant’s storage unit

    BOSTON – A Lowell man pleaded guilty yesterday to distributing thousands of counterfeit pills containing methamphetamine, including to a member of the Asian Boyz gang.

    Scott Fournier, a/k/a “S.G.,” 34, pleaded guilty to one count of conspiracy to distribute and to possess with intent to distribute 500 grams and more of methamphetamine; two counts of possession with intent to distribute 500 grams and more of methamphetamine; two counts of distribution of and possession with intent to distribute 50 grams and more of methamphetamine; and three counts of distribution of and possession with intent to distribute 500 grams and more of methamphetamine. U.S. District Court Judge Angel Kelley scheduled sentencing for Oct. 8, 2025.

    According to court documents, a long-term investigation identified that Asian Boyz gang members and associates had access to a plentiful supply of dangerous, homemade pills pressed with varying doses of methamphetamine and caffeine and designed to resemble pharmaceutical-grade Adderall.

    Between March 2, 2023 and May 12, 2023, Fournier supplied an Asian Boyz gang member with more than 2,000 methamphetamine pills to be used in street deals. Fournier’s fingerprints were identified on one of the bags containing the pills.

    The investigation subsequently traced Fournier’s supply operation to a storage unit in Tyngsborough. Security video recordings from the facility showed Fournier routinely accessing the storage unit, including at the times in which he delivered methamphetamine pills to the Asian Boyz gang member. During a search of the storage unit in October 2023, 13,464 counterfeit “Adderall” pills containing methamphetamine were found – with a combined weight of over four kilograms – as well as other types of pills. Upon being approached by law enforcement, following the search of his storage unit, Fournier was found in possession of a bag that contained an additional 1,684 counterfeit “Adderall” pills made with methamphetamine.      

    Additionally, over the course of five separate occasions between April 2024 and October 2024, Fournier sold approximately 8,000 counterfeit pills containing methamphetamine – with a combined weight of over two kilograms – in recorded deals to a cooperating witness.

    The charges of distribution of and possession with intent to distribute 500 grams and more of methamphetamine and conspiracy to distribute and to possess with intent to distribute 500 grams and more of methamphetamine each provide for a sentence of at least 10 years and up to life in prison, at least five years and up to a lifetime of supervised release and a fine of up to $10 million. The charges of distribution of and possession with intent to distribute 50 grams and more of methamphetamine each provide for a sentence of at least five year and up to life in prison, at least four years and up to a lifetime of supervised release and a fine of up to $5 million. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and statutes which govern the determination of a sentence in a criminal case.
     
    United States Attorney Leah B. Foley; Kimberly Milka, Acting Special Agent in Charge of the Federal Bureau of Investigation, Boston Division; and Superintendent Gregory C. Hudon of the Lowell Police Department made the announcement. Valuable assistance was provided by the Massachusetts State Police and the Billerica, Haverhill, North Andover and Salem Police Departments. Assistant U.S. Attorney Fred M. Wyshak, III of the Organized Crime & Gang Unit is prosecuting the case.

    This case is part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce gun violence and other violent crime, and to make our neighborhoods safer for everyone. On May 26, 2021, the Department launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results. For more information about Project Safe Neighborhoods, please visit https://www.justice.gov/PSN.

    This case is also part of an Organized Crime Drug Enforcement Task Forces (OCDETF) operation. OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi-agency approach. Additional information about the OCDETF Program can be found at https://www.justice.gov/OCDETF.

    The details contained in the charging documents are allegations. The remaining defendants are presumed innocent unless and until proven guilty beyond a reasonable doubt in a court of law.
     

    MIL Security OSI –

  • MIL-OSI Security: Beloit Man Sentenced to 4 Years for Possessing Child Pornography

    Source: Office of United States Attorneys

    MADISON, WIS. – Timothy M. O’Shea, United States Attorney for the Western District of Wisconsin, announced that Craig Daskam, 69, Beloit, Wisconsin, was sentenced today by Chief U.S. District Judge James D. Peterson to four years in federal prison for possessing child pornography. This prison term will be followed by ten years of supervised release.  In addition to these penalties, Daskam was ordered to pay $22,000 in assessments to funds that support victims of child exploitation crimes. Daskam pleaded guilty to this offense on March 19, 2025.

    In 2023, the Federal Bureau of Investigation (FBI) in Madison, Wisconsin, received a report from FBI-Charlotte that Daskam had received child pornography. The FBI ultimately searched Daskam’s residence and seized multiple electronic devices. Agents searched Daskam’s phone and found numerous child pornography images and videos.

    In sentencing Daskam, Judge Peterson expressed concern that Daskam’s conduct was driven by a dangerous impulse that Daskam doesn’t understand and can’t control.   

    The charge against Daskam was the result of an investigation conducted by FBI Madison, FBI Charlotte, and the Beloit Police Department. Assistant U.S. Attorney Kathryn Ginsberg prosecuted this case.

    This investigation was a part of Project Safe Childhood (PSC), a nationwide initiative to combat child sexual exploitation and abuse. Project Safe Childhood marshals federal, state, and local resources to better locate, apprehend, and prosecute individuals who exploit children via the Internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, please visit www.justice.gov/psc.

    MIL Security OSI –

  • MIL-OSI Security: Suburban Chicago Physician Sentenced to Ten Years in Prison for Health Care Fraud

    Source: Office of United States Attorneys

    CHICAGO — A suburban Chicago physician has been sentenced to ten years in federal prison for billing Medicaid and private insurers for nonexistent and unnecessary services.

    MONA GHOSH owned and operated Progressive Women’s Healthcare, S.C., a medical office in Hoffman Estates, Ill., specializing in obstetrics and gynecology services.  From 2018 to 2022, Ghosh submitted and caused her employees to submit fraudulent claims to Medicaid, TRICARE, and numerous other insurers for procedures and services that were not medically necessary, including endometrial ablations and biopsies, ultrasounds, vaccinations, laboratory blood tests, and tests for sexually transmitted diseases.  Some of the procedures were performed without patient consent.  Ghosh also fraudulently overstated the length and complexity of in-office and telemedicine visits and submitted claims using billing codes for which the visits did not qualify in order to seek higher reimbursement rates.  Ghosh prepared false patient medical records to support the fraudulent reimbursement claims.

    Ghosh, 52, of Inverness, Ill., pleaded guilty last year to two counts of health care fraud.  On Monday, U.S. District Judge Franklin U. Valderrama imposed the ten-year prison sentence and ordered Ghosh to pay approximately $1.5 million in restitution.

    The sentence was announced by Andrew S. Boutros, United States Attorney for the Northern District of Illinois; Douglas S. DePodesta, Special Agent-in-Charge of the Chicago Field Office of the FBI; Mario Pinto, Special Agent-in-Charge of the Chicago Division of the U.S. Department of Health and Human Services, Office of Inspector General; Jason Sargenski, Special Agent-in-Charge of the Department of Defense, Office of Inspector General, Defense Criminal Investigative Service, Southeast Field Office; and Kwame Raoul, Illinois Attorney General.  The government was represented by Assistant U.S. Attorneys Kavitha Babu and Hayley Altabef.

    “When physicians submit fraudulent claims to federal health care programs, they divert taxpayer-funded resources away from those who truly need them,” said U.S. Attorney Boutros. “Dr. Ghosh’s fraud scheme was particularly egregious because she endangered the health of her patients through unnecessary medical procedures, including procedures that denied women of childbearing age the opportunity to start their own families with children. We applaud the victims’ strength to come forward and confront this defendant.  Our Office will fight tirelessly for victims and work diligently with our law enforcement partners to safeguard taxpayer funds and hold accountable those who steal from the American public.”

    “Dr. Ghosh spent years traumatizing patients, lying to insurers, and stealing taxpayer money to feed her greed,” said FBI SAC DePodesta.  “The depraved conduct uncovered in this case represents an extreme betrayal of trust toward patients who were simply seeking care and integrity from their doctor.  The FBI will continue to aggressively pursue and hold accountable any medical professional who seeks to harm patients for their personal enrichment.”

    “Physicians and other medical professionals who place profits ahead of patient care do so at the expense of the very people they swore an oath to protect,” said HHS-OIG SAC Pinto.  “The sentence imposed in this case reflects the severity of the defendant’s crimes and the harm inflicted on numerous patients.  This investigation underscores our agency’s commitment to aggressively pursuing those who fraudulently submit claims to federal health care programs and put patients at risk.”

    “It is imperative that our service members have full confidence that the medical care they receive is both legitimate and delivered by healthcare providers who are unwaveringly committed to their well-being,” said DCIS SAC Sargenski.  “Today’s outcome should reassure the public that DCIS, alongside our investigative partners, remains steadfast in our pursuit of those who harm the health, safety, and readiness of our men and women in uniform.”

    MIL Security OSI –

  • MIL-OSI Security: Alabama Chiropractor Pleads Guilty to Tax Evasion and Obstruction

    Source: United States Department of Justice Criminal Division

    Shortly after trial began, an Alabama chiropractor pleaded guilty yesterday to tax evasion and obstructing the IRS.

    The following is according to court documents and evidence admitted at trial: Gary Forrest Edwards, of Shelby County, Alabama, owned and operated the chiropractic practice Hoover Health & Wellness Center. After not filing income tax returns for many years, in 2015, Edwards filed tax returns for 2009 through 2013. He later filed a tax return for 2017. On these returns, Edwards admitted that he owed more than $2.5 million in taxes. Nevertheless, he did not pay the taxes he reported due and did not pay the interest and penalties assessed against him.

    Edwards took steps to thwart the IRS’s efforts to assess and collect taxes against him, including concealing financial accounts he owned from the IRS, transferring funds from accounts he owned to accounts in only his spouse’s name, filing false court documents to terminate federal tax liens against his property, and lying to IRS criminal investigators.

    Edwards will be sentenced later this year. He faces a maximum sentence of five years in prison for the evasion charge and a maximum sentence of three years in prison on the obstruction charge. He also faces a period of supervised release, restitution, and monetary penalties. U.S. District Court Judge Anna Manasco for the Northern District of Alabama will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Acting Deputy Assistant Attorney General Karen E. Kelly of the Justice Department’s Tax Division and U.S. Attorney Prim F. Escalona for the Northern District of Alabama made the announcement.

    IRS Criminal Investigation is investigating the case.

    Trial Attorney Isaiah Boyd of the Tax Division and Assistant U.S. Attorney Allison Garnett for the Northern District of Alabama are prosecuting the case.

    MIL Security OSI –

  • MIL-OSI Economics: Phillips 66 to Speak at the J.P. Morgan 2025 Energy, Power, Renewables & Mining Conference

    Source: Phillips

    Phillips 66 to Speak at the J.P. Morgan 2025 Energy, Power, Renewables & Mining Conference

    HOUSTON–(BUSINESS WIRE)– Mark Lashier, chairman and CEO of Phillips 66 (NYSE: PSX), will participate in a fireside chat at the J.P. Morgan 2025 Energy, Power, Renewables & Mining Conference at 10:55 a.m. ET on Tuesday, June 24, 2025. Also in attendance will be Kevin Mitchell, executive vice president and CFO, and Jeff Dietert, vice president of Investor Relations.
    To access the webcast, go to the Events and Presentations section of the Phillips 66 Investors site, phillips66.com/investors. A replay will be archived on the Events and Presentations page the day after the event, and a transcript will be available at a later date.
    About Phillips 66
    Phillips 66 (NYSE: PSX) is a leading integrated downstream energy provider that manufactures, transports and markets products that drive the global economy. The company’s portfolio includes Midstream, Chemicals, Refining, Marketing and Specialties, and Renewable Fuels businesses. Headquartered in Houston, Phillips 66 has employees around the globe who are committed to safely and reliably providing energy and improving lives while pursuing a lower-carbon future. For more information, visit phillips66.com or follow @Phillips66Co on LinkedIn.

    Source: Phillips 66

    MIL OSI Economics –

  • MIL-OSI USA: Cortez Masto, Banks Introduce Legislation to Address Excessive Executive Pay Within Federal Home Loan Banks System

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto
    Washington, D.C. – U.S. Senators Catherine Cortez Masto (D-Nev.) and Jim Banks (R-Ind.) introduced the Curbing Unreasonable Remuneration at Banks (CURB) Act. This bipartisan legislation grants the Director of the Federal Housing Finance Agency the authority to set reasonable compensation levels for senior executives. 
    “While the Federal Home Loan Bank system has continued to fail to meaningfully invest in affordable housing and community development, it pays its executives millions each year,” said Senator Cortez Masto. “This bipartisan legislation gives the Federal Housing Finance Agency more oversight over FHLBanks executives’ compensation to help make sure the system delivers for working families.”
    “Federal Home Loan Banks exist to help Americans buy homes, not to pad the pockets of executives,” said Senator Banks.“This bill keeps FHLBs on mission and empowers President Trump and FHFA Director Pulte to eliminate excessive pay and waste of government resources.”
    Over the years, the Federal Home Loan Banks’ mission of supporting affordable housing and community lending has taken a back seat to incentivizing profit-driven behavior. As government-sponsored enterprises, FHLBs operate with public backing, including access to low-cost borrowing through government-implied guarantees and exemption from income tax, which gives them a unique responsibility to prioritize their mission and the public interest. However, a 2023 report from the FHFA indicated that executives earned bonuses tied to financial performance metrics that did not advance affordable housing goals. The CURB Act direct the Federal Housing Finance Agency to oversee and establish more reasonable salaries and bonuses.
    Full bill text can be found here.
    Throughout her time representing Nevada, Senator Cortez Masto has made reforming the Federal Home Loan Banks a cornerstone of her work. In April, Cortez Masto introduced the Federal Home Loan Banks’ Mission Implementation Act, which would ensure the FHLBanks are re-focused on their mission to support housing finance and community development. In Congress, Senator Cortez Masto has also highlighted the fact that Nevada has been treated unfairly by the system, and she has sought additional investment in Nevada by the FHLBank of San Francisco resulting in the first-in-the nation targeted Affordable Housing Program for the state.

    MIL OSI USA News –

  • MIL-OSI Security: Two Charged with Methamphetamine Trafficking

    Source: Office of United States Attorneys

    KANSAS CITY, Mo. – Two men have been charged for their roles in a conspiracy to distribute methamphetamine.

    Ramon Garcia-Parra, 37, a Mexican national, and Abraham Acevedo-Hernandez, 32, of Kansas City, Mo., were charged in a criminal complaint in the U.S. District Court in Kansas City, Mo., on Thursday, June 5, 2025.

    The complaint alleges that Ramon Garcia-Parra and Abraham Acevedo-Hernandez conspired to distribute methamphetamine. As part of the conspiracy, the defendants delivered approximately 10 kilograms of methamphetamine during a controlled purchase on June 2, 2025.

    Trinidad Garcia-Parra, 40, a Mexican national and relative of Ramon Garcia-Parra, has also been charged in a separate criminal complaint in the U.S. District Court in Kansas City, Mo., on Thursday, June 5, 2025, with illegal re-entry. Trinidad Garcia-Parra had previously been removed from the United States on two prior occasions.

    The charges contained in these complaints are simply accusations, and not evidence of guilt. Evidence supporting the charges must be presented to a federal trial jury, whose duty is to determine guilt or innocence.

    This case is being prosecuted by Assistant U.S. Attorney Robert Smith. It was investigated by the Federal Bureau of Investigation, the Kansas City, Missouri Police Department, and the Internal Revenue Service.

    KC Metro Strike Force

    This prosecution was brought as a part of the Department of Justice’s Organized Crime Drug Enforcement Task Forces (OCDETF) Co-located Strike Forces Initiative, which provides for the establishment of permanent multi-agency task force teams that work side-by-side in the same location. This co-located model enables agents from different agencies to collaborate on intelligence-driven, multi-jurisdictional operations against a continuum of priority targets and their affiliate illicit financial networks. These prosecutor-led co-located Strike Forces capitalize on the synergy created through the long-term relationships that can be forged by agents, analysts, and prosecutors who remain together over time, and they epitomize the model that has proven most effective in combating organized crime. The principal mission of the OCDETF program is to identify, disrupt, and dismantle the most serious drug trafficking organizations, transnational criminal organizations, and money laundering organizations that present a significant threat to the public safety, economic, or national security of the United States.

    Operation Take Back America

    This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    MIL Security OSI –

  • MIL-OSI Security: TENNESSEE WOMAN PLEADS GUILTY TO WIRE FRAUD

    Source: Office of United States Attorneys

    Acting United States Attorney Ellison C. Travis announced that Trisha Milstead, age 53, of Newport, Tennessee, pled guilty before U.S. District Judge Brian A. Jackson to wire fraud. 

    According to admissions made as part of her guilty plea, beginning in May 2024 and continuing through July 2024, Milstead engaged in a scheme to defraud two credit unions and three small businesses – a business in Tennessee that sells recreational vehicles (RVs) and travel trailers, a used car dealership in North Carolina, and a new and used car dealership in Gonzales, Louisiana.

    Milstead opened new accounts online at a financial institution based in California and attempted to fund the accounts by initiating wire transfers from an account that she purportedly held at another financial institution based in Mississippi, knowing that she did not have any account at the Mississippi institution and that the transfers were fraudulent. Before the financial institutions realized that Milstead’s transfers should be reversed, however, she accessed the first institution’s online “bill payment” system and issued several large checks drawn on her accounts.

    Milstead used one of the fraudulent checks in the amount of $38,000, to obtain a Ford F-150 Raptor truck from a dealership in North Carolina, another fraudulent check in the amount of $49,044.42 to obtain a 2020 Cadillac XT5 luxury sport utility vehicle from a dealership in Gonzales, Louisiana, and other fraudulent check in the amount of $35,350 to attempt to purchase a recreational vehicle from the business in Tennessee.

    This matter was investigated by the U.S. Department of Homeland Security – Homeland Security Investigations and the Gonzales Police Department with valuable assistance from Terrebonne Parish Sheriff’s Department and Rutherford County (North Carolina) Sheriff’s Department.  It is being prosecuted by Assistant United States Attorney Alan A. Stevens, who also serves as Senior Litigation Counsel.

    MIL Security OSI –

  • MIL-OSI Security: Hooksett Man Sentenced to 7 1/2 Years in Federal Prison for the Distribution of Methamphetamine

    Source: Office of United States Attorneys

    CONCORD – A Hooksett man was sentenced yesterday in federal court for distributing methamphetamine, Acting U.S. Attorney Jay McCormack announces.

    Erik Pena, age 28, was sentenced by U.S. District Court Judge Samantha D. Elliott to 90 months in federal prison and 3 years of supervised release.  In February 2025, Pena pleaded guilty to two counts of distribution of a controlled substance.

    “The distribution of methamphetamine devastates communities, fuels addiction, and endangers public safety. Drug trafficking will not be tolerated in New Hampshire. We will vigorously support law enforcement and prosecute offenders to stop the spread of drugs in the Granite State,” said Acting U.S. Attorney Jay McCormack.

    “Methamphetamine traffickers must be held accountable for the pain, suffering, and destruction inflicted by their crimes,” said Kimberly Milka, Acting Special Agent in Charge of the FBI Boston Division. “Make no mistake, the FBI’s Major Offender Task Force will continue to work with our law enforcement partners to aggressively pursue dangerous drug traffickers like Erik Pena in order to make New Hampshire a safe place for everyone who lives and works here.”

    According to court documents and statements made in court, between 2023 and 2024, law enforcement purchased over two pounds of methamphetamine from Pena. Investigators identified and searched Pena’s stash house and located distribution level quantities of methamphetamine, fentanyl, and cocaine, as well as four firearms, ammunition, and body armor. Additional fentanyl pills were found at Pena’s residence.

    The Federal Bureau of Investigation Major Offender Task Force led the investigation. The New Hampshire State Police and the Hooksett Police Department provided valuable assistance. Assistant U.S. Attorney Heather Cherniske prosecuted the case.

    This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    ###

    MIL Security OSI –

  • MIL-OSI: Purpose Unlimited Announces Completion of Steadyhand Acquisition

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 10, 2025 (GLOBE NEWSWIRE) — Purpose Unlimited Inc. (“Purpose” or “Purpose Unlimited”), a rapidly growing Canadian financial services firm, announced today that it has completed its acquisition of Steadyhand Investment Management Ltd. and Steadyhand Investment Funds Inc. (collectively, “Steadyhand”), an independent Vancouver-based wealth management firm with approximately $1.3 billion in assets serving Canadian investors.

    “We’re excited to begin this new chapter with Steadyhand,” said Som Seif, founder and CEO of Purpose Unlimited. “Steadyhand has earned a remarkable reputation for putting investors first, with a disciplined, outcome-focused approach and exceptional client care. While Purpose brings a broader platform and an innovative mindset, we’ve long respected how Steadyhand serves its clients—and we’re committed to preserving what makes it unique, while working together to enhance what’s possible for Canadians as we grow together.”

    The acquisition results in Steadyhand becoming wholly owned by Purpose, bringing together the companies’ resources, management teams, and product offerings and increasing Purpose’s total assets to over $30 billion on its platform.

    Following the closing of the acquisition, all investment funds and portfolios previously managed by Steadyhand Investment Management Ltd. will now be managed by Purpose Investments Inc., Purpose’s asset management business and a wholly owned subsidiary of Purpose.

    “Our clients’ success has always been our north star,” said Tom Bradley, Chair and co-founder of Steadyhand. “Joining forces with Purpose allows us to deepen that commitment, while maintaining the independence and integrity that have defined Steadyhand since day one.”

    About Purpose Unlimited

    Purpose Unlimited is a bold collective reshaping the future of finance to empower Canadians—advisors, investors, and entrepreneurs alike—to live with confidence and pursue their dreams. Founded and led by entrepreneur Som Seif, Purpose is redefining the financial industry by putting people first and delivering innovative solutions that shape the future of finance. With cutting-edge technology and a diverse suite of products and services, Purpose gives Canadians the tools, insights, and confidence they need to go further—whether it’s growing their wealth, building their business, or helping others invest. Purpose’s businesses span asset and wealth management and small business financing, including Purpose Investments, Driven by Purpose, Advisor Solutions by Purpose, and Longevity. For more information, visit purpose-unlimited.com.

    About Steadyhand 

    Steadyhand is a low-fee investment firm with a mission of providing Canadians with a better investing outcome and a simpler, more personalized experience. It offers clear-cut advice, customized plans, and most importantly, a steady hand, to help investors achieve their financial goals. Steadyhand has approximately $1.3 billion of assets under management with offices in Vancouver and Toronto. 

    For further information, please contact: 

    Jeff Gans 
    Chief Client Officer 
    Purpose Unlimited 
    jeff.gans@purpose.ca

    For media inquiries, contact:
    Keera Hart
    keera.hart@kaiserpartners.com 
    905-580-1257

    The MIL Network –

  • MIL-OSI: AMSC Announces Proposed Public Offering of Common Stock

    Source: GlobeNewswire (MIL-OSI)

    AYER, Mass., June 10, 2025 (GLOBE NEWSWIRE) — American Superconductor Corporation (Nasdaq: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™ and protect and expand the capability and resiliency of our Navy’s fleet, today announced that it intends to offer and sell shares of its common stock in an underwritten public offering. AMSC also expects to grant the underwriters a 30-day option to purchase additional shares of common stock offered in the public offering. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. AMSC intends to use the net proceeds from the proposed offering for working capital and general corporate purposes, including potential strategic acquisitions.

    Oppenheimer & Co. Inc. is acting as the sole book-running manager for the offering.

    A shelf registration statement relating to the shares of common stock to be issued in the proposed offering was filed with the Securities and Exchange Commission (SEC) and is effective. The securities may be offered only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. A preliminary prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC. Copies of the preliminary prospectus supplement and the accompanying prospectus relating to the securities being offered may also be obtained, when available, from Oppenheimer & Co. Inc., Attention: Syndicate Prospectus Department, 85 Broad Street, 26th Floor, New York, NY 10004, or by telephone at (212) 667-8563, or by email at EquityProspectus@opco.com. Electronic copies of the preliminary prospectus supplement and accompanying prospectus will also be available on the SEC’s website at http://www.sec.gov. The final terms of the offering will be disclosed in a final prospectus supplement to be filed with the SEC.

    This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, among other things, statements regarding the completion of the offering and the intended use of net proceeds therefrom, and other statements containing the words “intends,” “believes,” “anticipates,” “plans,” “expects,” “will” and similar expressions. Such forward-looking statements represent management’s current expectations and are inherently uncertain. There are a number of important factors that could materially impact the value of AMSC’s common stock or cause actual results to differ materially from those indicated by such forward-looking statements. These important factors include, but are not limited to: the risk and uncertainties associated with market conditions and satisfaction of customary closing conditions related to the public offering, as well as risks and uncertainties in AMSC’s business, including those risks discussed in the “Risk Factors” section in the preliminary prospectus supplement related to the offering and in Part I, Item 1A of AMSC’s Annual Report on Form 10-K for the fiscal year ended March 31, 2025 and AMSC’s other reports filed with the SEC. These important factors, among others, could cause actual results to differ materially from those indicated by forward-looking statements made herein and presented elsewhere by management from time to time. Any such forward-looking statements represent management’s estimates as of the date of this press release. While AMSC may elect to update such forward-looking statements at some point in the future, AMSC disclaims any obligation to do so, even if subsequent events cause its views to change. These forward-looking statements should not be relied upon as representing its views as of any date subsequent to the date of this press release. This caution is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

    Contacts

    Nicol Golez
    Phone: 978-399-8344
    Nicol.Golez@amsc.com

    Investor Relations
    Carolyn Capaccio
    (212) 838-3777
    amscIR@allianceadvisors.com

    Public Relations
    RooneyPartners
    Joe Luongo
    (914) 906-5903
    jluongo@rooneypartners.com

    The MIL Network –