Category: Finance

MIL-OSI: Global AI In Cybersecurity Market Expected to Reach $219 Billion By 2034 as Frequency of Cyber Threats Increase

Source: GlobeNewswire (MIL-OSI)

PALM BEACH, Fla., May 13, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Artificial Intelligence (AI) in cybersecurity refers to the use of artificial intelligence technologies to improve the detection, prevention, and response to cyber threats. The AI in cybersecurity market revenue is witnessing rapid growth as organizations increasingly adopt AI-code tools to strengthen their defense mechanisms against evolving cyberattacks. A report from POLARIS MARKET RESEARCH said that: “The global AI in cybersecurity market was valued at USD 25.40 billion in 2024. It is expected to grow from USD 31.38 billion in 2025 to USD 219.53 billion by 2034, at a CAGR of 24.1% during the forecast period.” It continued: “One of the key drivers of this market is the rising complexity and frequency of cyber threats, which traditional methods struggle to address. A 2024 report by the International Telecommunication Sector revealed that 8 billion records were breached in 2023, with over 2,800 incidents reported. The average cost of a data breach has increased by 15% in the past three years, totaling approximately USD 3.3 million for small businesses in North America, further boosting the AI in cybersecurity market expansion. Additionally, AI-powered solutions analyze vast volumes of data in real time, identifying irregularities and patterns indicative of potential breaches, thus providing proactive protection. The IoT and the expansion of connected devices generate vast amounts of data and often lack robust security measures, making them vulnerable to exploitation and creating a larger attack surface for cyber threats. A November 2024 CSIS report revealed that the UK’s National Cyber Security Center (NCSC) identified a three-fold increase in cyberattacks compared to 2023. The NCSC supported 430 incidents, with 89 deemed nationally significant, and recognized China, Russia, Iran, and North Korea as key threats. Additionally, AI-powered cybersecurity solutions are crucial in this context as they enable real-time monitoring and threat detection across multiple endpoints.” Active companies in cybersecurity news today include Cycurion Inc. (NASDAQ: CYCU), Alphabet Inc. (NASDAQ: GOOG), Zscaler, Inc. (NASDAQ: ZS), F5, Inc. (NASDAQ: FFIV), CyberArk (NASDAQ: CYBR).

POLARIS MARKET continued: “These solutions can identify and mitigate potential risks, ensuring the integrity and security of interconnected systems by leveraging machine learning algorithms. The growing reliance on IoT devices is driving the AI in cybersecurity market demand to safeguard critical infrastructures and sensitive data. Data breaches and unauthorized access lead to substantial financial and reputational damage, making robust cybersecurity measures essential. Thereby encouraging companies to invest in AI tools for cybersecurity. For instance, in August 2024, IBM launched a generative AI cybersecurity assistant to improve threat detection and response, enabling consultants to advance alert investigations. Additionally, AI enhances data protection by using advanced analytics and predictive capabilities to detect vulnerabilities and prevent unauthorized access, with the increasing volume of sensitive information being exchanged and stored digitally. Its ability to adapt to emerging threats and provide automated responses ensures comprehensive security for sensitive information, addressing the critical need for data protection.”

Cycurion Inc. (NASDAQ:CYCU) Secures $33 Million Contract Renewal to Enhance Cybersecurity for State- Level Public Higher Education Institutions – Cycurion (“Cycurion” or the “Company”), a trusted leader in IT cybersecurity solutions and AI, announces that it has been awarded a significant contract renewal by a major state-level public higher education group. Under this renewed agreement, Cycurion will deliver comprehensive cybersecurity services to member universities and colleges within the group, ensuring they are equipped to defend their education-focused operations and digital assets against the ever-evolving landscape of cyber threats. The renewal, valued at $33 million over the five-year term, extends Cycurion’s partnership through November 2030.

Comprehensive Cybersecurity Services – As part of this renewed contract, Cycurion will provide an extensive suite of cybersecurity and governance, risk, and compliance (GRC) 24x7x365 managed support services, which include:

•        Enterprise Security Strategy: Developing a holistic approach to security that aligns with institutional goals and protects valuable digital assets

•        Risk & Vulnerability Assessment & Testing: Continuous evaluation and testing of security measures to identify vulnerabilities and enhance defenses

•        Disaster Recovery: Strategies and solutions to restore systems and data after disruptive events

•        Business Continuity Planning: Ensuring ongoing operations during and after a security incident

•        Forensics and Recovery Services: Comprehensive support for incident investigation and data recovery

•        Regulatory Compliance Analysis: Assisting institutions in meeting federal and state compliance requirements

“We are honored to continue serving this key state-level public higher education group customer,” said L. Kevin Kelly, CEO of Cycurion. “The contract underscores the capabilities and value proposition of Cycurion’s suite of managed information technology support services and our commitment to minimizing cybersecurity risk for our education vertical clients.”

Opportunity for Broader Access – In addition to the member institutions of this State- Level Public Higher Education Group, any university or governmental entity across the United States can leverage this contract vehicle to access our cybersecurity services. The contract provides a streamlined pathway for educational and governmental organizations to enhance their cybersecurity posture without the need for an extensive procurement process.   CONTINUED…   Read this entire press release and more news for CYCU at: https://www.financialnewsmedia.com/news-cycu/

In other developments in the markets of note:

Alphabet Inc. (NASDAQ: GOOG) – Google LLC recently announced it has signed a definitive agreement to acquire Wiz, Inc., a leading cloud security platform headquartered in New York, for $32 billion, subject to closing adjustments, in an all-cash transaction. Once closed, Wiz will join Google Cloud.

This acquisition represents an investment by Google Cloud to accelerate two large and growing trends in the AI era: improved cloud security and the ability to use multiple clouds (multicloud).

Both cybersecurity and cloud computing are rapidly growing industries with a vast range of solutions. The increased role of AI, and adoption of cloud services, have dramatically changed the security landscape for customers, making cybersecurity increasingly important in defending against emergent risks and protecting national security.

Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, recently published its Zscaler ThreatLabz 2025 Phishing Report, analyzing over two billion blocked phishing attempts between January and December 2024 captured by the Zscaler Zero Trust Exchange™, the world’s largest cloud security platform. The annual report exposes how cybercriminals are using Generative AI to launch surgical, targeted attacks against high-impact business functions – and why a Zero Trust + AI defense strategy is mission critical. The report uncovers a shift from high-volume email blasts to targeted, AI-fueled attacks designed to evade defenses and exploit human behavior. It also offers actionable insight to help organizations defend against this evolving threat landscape.

“The phishing game has changed. Attackers are using GenAI to create near-flawless lures and even outsmart AI-based defenses,” said Deepen Desai, CSO and Head of Security Research, Zscaler. “Cybercriminals are weaponizing AI to evade detection and manipulate victims, which means organizations must leverage equally advanced AI-powered defenses to outpace these emerging threats. Our research reinforces the importance of adopting a proactive, multi-layered approach—combining robust zero trust architecture with advanced AI-driven phishing prevention—to effectively combat the rapidly evolving threat landscape.”

F5 (NASDAQ: FFIV) recently unveiled broad cybersecurity enhancements to the F5 Application Delivery and Security Platform (ADSP) that significantly improve organizations’ ability to identify and remediate vulnerabilities and threats to AI and other modern applications. These new enhancements enable enterprises to strengthen security for business-critical applications in an increasingly risky threat landscape. The F5 ADSP is the industry’s only platform that fully converges high-performance load balancing and traffic management with advanced app and API security capabilities.

The F5 ADSP is the most complete application security offering for enterprises looking to address the increasingly complex cybersecurity challenges inherent in today’s AI-driven hybrid multicloud world. Similar to Endpoint Protection Platforms (EPP) built to secure endpoints and Secure Access Service Edge (SASE) platforms built to secure network access, F5’s ADSP is built to consolidate disparate tools for securing apps and APIs into a single comprehensive platform, enabling organizations to simplify their security footprint while offering broader protection against enhanced threats.

CyberArk (NASDAQ: CYBR), the global leader in identity security, recently announced its 2024 Partner of the Year Award winners. The awards honor top-performing CyberArk partners who have consistently delivered exceptional customer value, spearheading new identity security transformation and adoption to help customers defend against the rapidly expanding attack surface.

CyberArk partners play a critical role in helping organizations strengthen their identity security programs. By driving value and modernizing customers’ identity security strategies, they position organizations to keep pace with evolving threats—all powered by a unified platform built to secure every identity, across humans, AI and machines. The CyberArk Partner Network is one of the industry’s largest global networks of security-focused partners, with more than 1,800 global systems integrators (GSIs), managed service providers (MSPs), solution providers, strategic outsourcers, advisories and distributors, as well as global and regional marketplaces.

About FN Media Group:

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

Follow us on Facebook to receive the latest news updates: https://www.facebook.com/financialnewsmedia

Follow us on Twitter for real time Market News: https://twitter.com/FNMgroup

Follow us on Linkedin: https://www.linkedin.com/in/financialnewsmedia/

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

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

Contact Information:

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

SOURCE: FN Media Group

The MIL Network –

May 14, 2025
MIL-OSI: Innovator Launches Equity Managed 100 Buffer ETF™ (Ticker: BFRZ) – A New Approach to 100% Downside Protection*
Source: GlobeNewswire (MIL-OSI)

WHEATON, Ill., May 13, 2025 (GLOBE NEWSWIRE) — Innovator Capital Management, LLC (Innovator), pioneer and provider of the largest lineup of Defined Outcome ETFs™, today announced the launch of the Innovator Equity Managed 100 Buffer ETF™ (BFRZ). The ETF is designed to offer investors 100% downside protection, before fees and expenses, while maintaining exposure to U.S. large-cap equities.

BFRZ is sub-advised by Parametric, a leading provider of risk-managed strategies, and is constructed with a laddered options strategy that aims to provide positive returns in both up and down markets, lower volatility, and consistent capital preservation across full market cycles.

“We believe advisors seeking downside protection with upside potential will find greater value in an equity strategy with built-in 100% buffers than from bonds, active management or hedge funds,” said Graham Day, CIO of Innovator. “BFRZ was built to offer higher return potential and built-in downside protection compared to the unknown hedging capabilities of bonds, and the poor performance of various hedge funds.”

Key Features of BFRZ^†:
- Seeks approximately 40% – 50% equity upside participation
- 100% laddered downside protection over one-year periods, before fees and expenses, with 1-year max loss at 1-3%.
- Ability to generate positive returns in both positive and negative markets
- Targets approximately one-third the volatility of the S&P 500
Ticker Name Expense
Ratio Sub-
Adviser Listed
Date Exchange

BFRZ Innovator Equity Managed 100 Buffer ETF™ 0.89% Parametric May 13, 2025 NYSE Arca

The launch of BFRZ expands Innovator’s growing lineup of Managed Outcome ETFs^®, offering investors new ways to navigate market volatility while pursuing capital preservation and growth.

For more information, please visit www.innovatoretfs.com or call 800.208.5212.

About Innovator Capital Management, LLC

Innovator was established in 2017 by Bruce Bond and John Southard, founders of the PowerShares ETF lineup that has grown to be the fourth largest in the world. The listing of three Innovator Buffer ETFs™ in August 2018 marked the launch of the world’s first Defined Outcome ETFs™.

Innovator is dedicated to providing ETFs with built-in risk management that seek to offer investors a high level of predictability around their investment outcomes. Today, with more than 150 ETFs and $24 billion in AUM, as of April 30, 2025, Innovator is the industry’s leading provider of Defined Outcome ETFs™.

Media Contact:

Frank Taylor

innovator@dlpr.com

(646) 808-3647

* Before fees and expenses.

^† There is no guarantee that the Fund will meet these strategy goals.

The Fund seeks to provide risk-managed investment exposure to the U.S. Large Capitalization Companies represented by the Solactive GBS United States 500 Index (Equity Index) through its hedging strategy. There is no guarantee that the Fund will be successful in providing risk-managed investment exposure to the Equity Index. The Fund seeks to achieve its investment objective by purchasing a series of put option contracts with “laddered” expiration dates, up to a year, that are three months apart. The Fund will also systemically sell short-dated call option contracts, which have an expiration date of approximately two weeks, with an objective of funding the purchases of put option contracts.

The Fund seeks to provide a series of “buffers” that each aim to protect the Fund against 100% of losses experienced by U.S. large-cap indices, as measured at the end of one-year periods and before fees and expenses. The implementation of the buffers is not guaranteed. As a result of the Fund’s laddered investment approach, on an ongoing basis the Fund will experience investment buffers that are expected to be greater or less than the 100% buffer sought-after by an individual Options Portfolio.

The Fund seeks to provide capital appreciation while seeking to limit the amount of losses experienced by investors. The Fund does not provide principal protection or non-principal protection, and an investor may experience losses on its investment. In a market environment where the Equity Index is generally appreciating, the Fund may underperform the Equity Index and/or similarly situated funds.

The Sub-Adviser will seek to “ladder” the Fund’s option contracts by entering into a new purchased put option contract packages every three-months. After a put option contract expires, the Fund will enter into a new put option contract with one-year expiration date that are staggered every three months.

Because the Fund ladders its option contracts and due to the Fund’s put option contracts having different terms (including expiration dates), different tranches of put option contracts may produce different returns, the effect of which may be to reduce the Fund’s sought-after protection. Therefore, at any given moment the Fund may not receive the benefit of the sought-after protection on losses that could have been available from an Options Portfolio with a single expiration date.

An investment in the Fund could involve significant risks not associated with an investment in bonds. The Fund is not equivalent to bonds.

FLEX Options Risk. The Fund will utilize FLEX Options issued and guaranteed for settlement by the Options Clearing Corporation (OCC). In the unlikely event that the OCC becomes insolvent or is otherwise unable to meet its settlement obligations, the Fund could suffer significant losses. Additionally, FLEX Options may be less liquid than standard options. In a less liquid market for the FLEX Options, the Fund may have difficulty closing out certain FLEX Options positions at desired times and prices. The values of FLEX Options do not increase or decrease at the same rate as the reference asset and may vary due to factors other than the price of reference asset.

Investing involves risk. Loss of principal is possible. Innovator ETFs^® are distributed by Foreside Fund Services, LLC.

The Fund’s investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus and summary prospectus contain this and other important information, and it may be obtained at innovatoretfs.com. Read it carefully before investing.

The following marks: Accelerated ETFs^®, Accelerated Plus ETF^®, Accelerated Return ETFs^®, Barrier ETF^®, Buffer ETF™, Defined Income ETF™, Defined Outcome Bond ETF^®, Defined Outcome ETFs™, Defined Protection ETF^®, Define Your Future^®, Enhanced ETF™, Floor ETF^®, Innovator ETFs^®, Leading the Defined Outcome ETF Revolution™, Managed Buffer ETFs^®, Managed Outcome ETFs^®, Step-Up™, Step-Up ETFs^®, 100% Buffer ETFs™ and all related names, logos, product and service names, designs, and slogans are the trademarks of Innovator Capital Management, LLC, its affiliates or licensors. Use of these terms is strictly prohibited without proper written authorization.

Copyright © 2025 Innovator Capital Management, LLC. All rights reserved.

The MIL Network –
May 14, 2025
MIL-OSI: Growing Prevalence of Cyber Threats Causing Tech Companies to Invest Heavily in AI-Powered Cybersecurity Solutions

Source: GlobeNewswire (MIL-OSI)

PALM BEACH, Fla., May 13, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The Artificial Intelligence (Al) in cybersecurity market is rapidly expanding as organizations increasingly adopt Al-driven solutions to improve threat detection, prevention, and response to evolving cyber risks. The network security segment dominated the Al in cybersecurity market expansion in 2024 due to the critical need to safeguard organizational networks from evolving cyber threats. A report from an industry insider said that: “The global AI in cybersecurity market assessment, based on type, includes network security, endpoint security, application security, and cloud security. The network security segment dominated the AI in cybersecurity market expansion in 2024 due to the critical need to safeguard organizational networks from evolving cyber threats. Securing networks against malware, phishing, and ransomware attacks has become a top priority as enterprises increasingly adopt digital transformation initiatives and cloud-based infrastructures. AI-powered network security solutions excel in real-time traffic analysis, abnormality detection, and proactive threat mitigation, ensuring robust protection of sensitive data and operational continuity. This essential role in securing core systems and communications highlights the network security segment’s dominance. The global AI in cybersecurity market evaluation, based on application, includes identity & access management, risk & compliance management, data loss prevention, unified threat management, fraud detection/ anti-fraud, threat intelligence, others. The data loss prevention segment is expected to witness the fastest AI in cybersecurity market growth during the forecast period due to the rising emphasis on safeguarding sensitive and confidential information.”   Active companies in cybersecurity news today include Cycurion Inc. (NASDAQ: CYCU), Cloudflare, Inc. (NYSE: NET), Palo Alto Networks^® (NASDAQ: PANW), Broadcom Inc. (NASDAQ: AVGO), CrowdStrike (NASDAQ: CRWD).

The report continued: “Organizations face heightened risks of accidental leaks or intentional data breaches with increasing volumes of data being generated and exchanged. AI-driven DLP solutions offer advanced capabilities to monitor, identify, and prevent unauthorized data transfers or exposure, ensuring compliance with strict data protection regulations such as Digital Personal Data Protection Act (DPDPA), California Consumer Privacy Act (CCPA), and others. This growing need for robust data security across industries positions the DLP segment for accelerated adoption during the forecast period.   North America dominated the AI in cybersecurity market revenue in 2024 due to the region’s advanced technological infrastructure and high adoption of innovative security solutions. The presence of major cybersecurity companies such as IBM and AWS and early adopters of AI-driven technologies across industries such as finance, healthcare, and government especially contributed to market dominance.”

Cycurion Inc. (NASDAQ:CYCU) Secures $33 Million Contract Renewal to Enhance Cybersecurity for State- Level Public Higher Education Institutions – Cycurion (“Cycurion” or the “Company”), a trusted leader in IT cybersecurity solutions and AI, announces that it has been awarded a significant contract renewal by a major state-level public higher education group. Under this renewed agreement, Cycurion will deliver comprehensive cybersecurity services to member universities and colleges within the group, ensuring they are equipped to defend their education-focused operations and digital assets against the ever-evolving landscape of cyber threats. The renewal, valued at $33 million over the five-year term, extends Cycurion’s partnership through November 2030.

Comprehensive Cybersecurity Services – As part of this renewed contract, Cycurion will provide an extensive suite of cybersecurity and governance, risk, and compliance (GRC) 24x7x365 managed support services, which include:

•        Enterprise Security Strategy: Developing a holistic approach to security that aligns with institutional goals and protects valuable digital assets

•        Risk & Vulnerability Assessment & Testing: Continuous evaluation and testing of security measures to identify vulnerabilities and enhance defenses

•        Disaster Recovery: Strategies and solutions to restore systems and data after disruptive events

•        Business Continuity Planning: Ensuring ongoing operations during and after a security incident

•        Forensics and Recovery Services: Comprehensive support for incident investigation and data recovery

•        Regulatory Compliance Analysis: Assisting institutions in meeting federal and state compliance requirements

“We are honored to continue serving this key state-level public higher education group customer,” said L. Kevin Kelly, CEO of Cycurion. “The contract underscores the capabilities and value proposition of Cycurion’s suite of managed information technology support services and our commitment to minimizing cybersecurity risk for our education vertical clients.”

Opportunity for Broader Access – In addition to the member institutions of this State- Level Public Higher Education Group, any university or governmental entity across the United States can leverage this contract vehicle to access our cybersecurity services. The contract provides a streamlined pathway for educational and governmental organizations to enhance their cybersecurity posture without the need for an extensive procurement process.   CONTINUED…   Read this entire press release and more news for CYCU at: https://www.financialnewsmedia.com/news-cycu/

In other developments in the markets of note:

Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, recently announced a wave of global technology companies, including Asana, Atlassian, Block, PayPal, Sentry, Stripe, and more, are working with Cloudflare to create powerful AI experiences through Anthropic’s AI assistant, Claude. These software companies are enabling Claude and other AI assistants to securely interact with their services on behalf of users, through connections built on Cloudflare Workers. Now users can complete tasks and interact with their favorite business tools through natural conversations with Claude, rather than working directly in the application.

AI is already transforming the way we work by helping to edit emails, generate code, and analyze data. However, it still often requires the user to switch between multiple applications, tabs, and tools to implement the actions it recommends. For truly autonomous, agentic AI experiences, AI tools should be able to act on the user’s behalf. That can only happen if AI tools can directly interact with business software tools. MCP servers allow AI platforms to connect directly to the popular tools where data resides so the user can send an email, answer a question about a marketing campaign, or create invoices–all without leaving the AI assistant. But delivering reliable, low-latency, and secure access to external tools and data is a significant technical challenge, especially at global scale.

Palo Alto Networks^® (NASDAQ: PANW), the global cybersecurity leader, and the National Hockey League (NHL^®) recently unveiled Cortex XSIAM^® 3.0, the next evolution of its industry-leading SecOps platform, bolstered with proactive exposure management and advanced email security, enabling customers to further consolidate on Cortex for significantly better, faster and more cost-effective security operations.

Three years ago, Palo Alto Networks anticipated the future of security operations by introducing Cortex XSIAM, which consolidates and normalizes all cybersecurity data to fuel advanced, real-time analytics and automation, making disjointed point products obsolete. The best-selling platform surged past $1 billion cumulative bookings in FY25 Q2, making it our fastest offering to reach this milestone. Earlier this year, Palo Alto Networks doubled down on cloud security with the introduction of Cortex Cloud, converging its industry-leading CNAPP and CDR capabilities on the unified Cortex platform.

Broadcom Inc. (NASDAQ: AVGO) recently announced Incident Prediction, an industry-first security capability that extends Adaptive Protection, a unique feature of Symantec Endpoint Security Complete (SES-C), by leveraging AI to identify and disrupt living-off-the land (LOTL) attacks and other cyberthreats.

Trained on a catalog of over 500,000 real-world attack chains built by the world-class Symantec Threat Hunter Team, Incident Prediction puts the advantage back in defenders’ hands by: predicting attackers’ behaviors, preventing their next move in the attack chain even when they’re using legitimate software, and then quickly returning the enterprise to its normal state. With Incident Prediction, SES-C delivers exceptional cyber resilience against motivated adversaries.

CrowdStrike (NASDAQ: CRWD) recently released its 2025 State of SMB Cybersecurity Report, uncovering a widening gap between cybersecurity awareness and readiness among small and medium-sized businesses (SMBs). While 93% of SMBs consider themselves knowledgeable about cybersecurity risks and 83% report having a plan in place, just 36% are investing in new tools – and only 11% have adopted AI-powered defenses.

Based on insights from SMB decision-makers across industries and company sizes, the research reveals that despite rising awareness, most SMBs still lack the budget, tools and in-house expertise to stop modern threats. With attacks becoming more advanced and frequent, SMBs need protection that’s easy to use, affordable to deploy and built to scale with their business.

About FN Media Group:

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

Follow us on Facebook to receive the latest news updates: https://www.facebook.com/financialnewsmedia

Follow us on Twitter for real time Market News: https://twitter.com/FNMgroup

Follow us on Linkedin: https://www.linkedin.com/in/financialnewsmedia/

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

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

Contact Information:

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

SOURCE: FN Media Group

The MIL Network –

May 14, 2025
MIL-OSI Economics: Phillips 66 Issues Statement Following Glass Lewis and ISS Reports

Source: Phillips

Disagrees with ISS’ and Glass Lewis’ Recommendations which Failed to Address Critical Issues Reiterates The Strength Of Phillips 66’s Highly Qualified Board And Nominees

HOUSTON–(BUSINESS WIRE)– Phillips 66 (NYSE: PSX) today announced that it strongly disagrees with the recommendations issued by Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”).
“We disagree with the recommendations issued by ISS and Glass Lewis,” said the Phillips 66 Independent Directors. “We remain committed to engaging with and listening to our shareholders on the issues in this campaign.”
The Company notes the following issues and omissions in the reports’ analyses that remain critical factors for shareholders to consider:
Elliott’s break-up thesis not examined: The reports did not opine on the merits of Elliott’s thesis to break up Phillips 66, which is the primary objective of Elliott’s campaign. In fact, ISS stated clearly that its report “is not an endorsement of a Midstream and/or Chemicals separation.” Supporting Elliott’s directors implicitly supports this risky path and overrides the judgment of Phillips 66’s highly qualified Board. Our Board continually evaluates the portfolio to maximize shareholder value and currently believes that the integrated model is the best path to shareholder value creation. As we always have, we remain committed to regularly and aggressively assessing these options going forward.
Concerning assessment of director independence: By recommending against Robert Pease, the reports establish a concerning precedent on evaluating director independence.
The reports suggest a director selected and vetted by a shareholder can be determined to lack independence after one month on the board and one vote. The single vote was for a combined CEO and Chair, a policy that is in place at 44% of S&P 500 companies.1
This analysis disregards the fact that Mr. Pease’s vote represented his professional judgment as a 30-year corporate leader and ignores the fact that Mr. Pease was carefully evaluated for his qualifications and independence by Elliott. It also fails to apply any scrutiny to Elliott’s self-interested lack of support for its recently supported director.

Reliance on board analysis from five years ago: ISS acknowledged that Phillips 66 has refreshed its Board substantially since July 2020. Yet, it still claimed that a lack of Board refreshment prior to the COVID-19 pandemic reflects a need for change now.
Concerning governance overlooked: ISS and Glass Lewis disregarded Elliott’s ongoing efforts to acquire CITGO. The reports also overlook the fact that this pursuit took place concurrently with discussions of a second director appointment. Notably, neither report mentions anything about Elliott’s misleading disclosures and the overlapping relationships of its director nominees. These are unresolved issues that are highly relevant to shareholder considerations.
Phillips 66 reiterates its commitment to ongoing transformation and governance refreshment. The Company reminds shareholders of key facts including:
Consistent refreshment: Phillips 66 has added five new independent directors in the past four years to equip the Board with fresh perspectives and independent viewpoints. In its report, ISS acknowledged the Company’s board refreshment efforts, noting “Beginning in July 2020, the pace of board refreshment accelerated rapidly. The board appointed Julie Bushman early that month, Lisa Davis in October 2020, Denise Singleton and Doug Terreson in July 2021, and Greg Hayes in July 2022. Mark Lashier also joined in July 2022 in connection with his succession as CEO. Accompanying these appointments, Ferguson departed in August 2020, and McGraw and Tschinkel departed in March 2021.”
Strong governance practices: The Board is firmly committed to declassification that would require all directors to stand election each year. The last attempt to do so received approval from 73% of outstanding shares.
In its report, ISS supported Phillips 66’s declassification proposal, arguing, “The proposed declassification, assuming it can clear the supermajority hurdle, would enhance board accountability to shareholders, and the resubmission of this proposal to a vote after it failed in prior years demonstrates a commitment to shareholders’ interests on the part of management.”

Early days in transformation strategy: ISS recognizes that Phillips 66 has improved its operating results since Mark Lashier stepped in as CEO on July 1, 2022 and achieved a total shareholder return above that of key competitors. ISS noted, “Since the appointment of Lashier as CEO through May 8, 2025, PSX has outperformed VLO by 20.9 percentage points.” Phillips 66 has made it clear that it is working to improve operations but is not satisfied with its results. In under three years, the Company has made progress on corporate cost takeout, refining performance, asset divestitures and more. These are facts recognized by the reports. These actions reflect a commitment to improvement that is continuing and will lead to further performance improvement and ultimately increased shareholder value.
Relevant director skills: Phillips 66’s Board composition is closely aligned with the Company’s strategy and the issues raised in this campaign. Of the continuing Directors and nominees, six have refining experience, five have chemicals experience and five have midstream experience. The majority has experience in business transformations, several have expertise in finance and a number are experts in supply chains.2 Notably, the Company’s Directors and nominees have overseen more than $300 billion in “breakup or major divestiture transactions.3
Phillips 66 encourages shareholders to reach their own informed conclusions.
Elliott is seeking rapid, irreversible change in pursuit of a short-term thesis that would introduce significant risks to Phillips 66 shareholders. Do not let Elliott’s short-term and misinformed thesis disrupt your consistent and compelling returns.
Phillips 66 recommends that shareholders use the WHITE proxy card to vote:
‘FOR’ only its four nominees using the WHITE proxy card;
‘FOR’ management’s proposal to approve the declassification of the Board of Directors, in line with the recommendations from ISS & Glass Lewis;
‘AGAINST’ Elliott’s proposal requiring annual director resignations, which implementing would violate Delaware law and put your Board at significant legal and reputational risk.
The Board strongly recommends that shareholders safeguard their investment in Phillips 66 by casting their vote as soon as possible, regardless of plans to attend the Annual Meeting virtually on May 21, 2025.
Shareholders may receive materials from Elliott Management that say “Gold proxy card” or “Gold voting instructions” or similar language. Phillips 66 recommends that shareholders DISCARD any Gold voting materials they may receive from Elliott. Shareholders may cancel out any vote made using a Gold proxy card by voting again TODAY using the Company’s WHITE proxy card. Only the latest-dated vote will count.
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.
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of the federal securities laws relating to Phillips 66’s operations, strategy and performance. Words such as “anticipated,” “committed,” “estimated,” “expected,” “planned,” “scheduled,” “targeted,” “believe,” “continue,” “intend,” “will,” “would,” “objective,” “goal,” “project,” “efforts,” “strategies” and similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. However, the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements included in this news release are based on management’s expectations, estimates and projections as of the date they are made. These statements are not guarantees of future events or performance, and you should not unduly rely on them as they involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. Factors that could cause actual results or events to differ materially from those described in the forward-looking statements include: changes in governmental policies or laws that relate to our operations, including regulations that seek to limit or restrict refining, marketing and midstream operations or regulate profits, pricing, or taxation of our products or feedstocks, or other regulations that restrict feedstock imports or product exports; our ability to timely obtain or maintain permits necessary for projects; fluctuations in NGL, crude oil, refined petroleum, renewable fuels and natural gas prices, and refining, marketing and petrochemical margins; the effects of any widespread public health crisis and its negative impact on commercial activity and demand for refined petroleum or renewable fuels products; changes to worldwide government policies relating to renewable fuels and greenhouse gas emissions that adversely affect programs including the renewable fuel standards program, low carbon fuel standards and tax credits for renewable fuels; potential liability from pending or future litigation; liability for remedial actions, including removal and reclamation obligations under existing or future environmental regulations; unexpected changes in costs for constructing, modifying or operating our facilities; our ability to successfully complete, or any material delay in the completion of, any asset disposition, acquisition, shutdown or conversion that we have announced or may pursue, including receipt of any necessary regulatory approvals or permits related thereto; unexpected difficulties in manufacturing, refining or transporting our products; the level and success of drilling and production volumes around our midstream assets; risks and uncertainties with respect to the actions of actual or potential competitive suppliers and transporters of refined petroleum products, renewable fuels or specialty products; lack of, or disruptions in, adequate and reliable transportation for our products; failure to complete construction of capital projects on time or within budget; our ability to comply with governmental regulations or make capital expenditures to maintain compliance with laws; limited access to capital or significantly higher cost of capital related to illiquidity or uncertainty in the domestic or international financial markets, which may also impact our ability to repurchase shares and declare and pay dividends; potential disruption of our operations due to accidents, weather events, including as a result of climate change, acts of terrorism or cyberattacks; general domestic and international economic and political developments, including armed hostilities (such as the Russia-Ukraine war), expropriation of assets, and other diplomatic developments; international monetary conditions and exchange controls; changes in estimates or projections used to assess fair value of intangible assets, goodwill and property and equipment and/or strategic decisions with respect to our asset portfolio that cause impairment charges; investments required, or reduced demand for products, as a result of environmental rules and regulations; changes in tax, environmental and other laws and regulations (including alternative energy mandates); political and societal concerns about climate change that could result in changes to our business or increase expenditures, including litigation-related expenses; the operation, financing and distribution decisions of equity affiliates we do not control; and other economic, business, competitive and/or regulatory factors affecting Phillips 66’s businesses generally as set forth in our filings with the Securities and Exchange Commission. Phillips 66 is under no obligation (and expressly disclaims any such obligation) to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
Additional Information
On April 8, 2025, Phillips 66 filed a definitive proxy statement on Schedule 14A (the “Proxy Statement”) and accompanying WHITE proxy card with the U.S. Securities and Exchange Commission (the “SEC”) in connection with its 2025 Annual Meeting of Shareholders (the “2025 Annual Meeting”) and its solicitation of proxies for Phillips 66’s director nominees and for other matters to be voted on. This communication is not a substitute for the Proxy Statement or any other document that Phillips 66 has filed or may file with the SEC in connection with any solicitation by Phillips 66. PHILLIPS 66 SHAREHOLDERS ARE STRONGLY ENCOURAGED TO READ THE PROXY STATEMENT (AND ANY AMENDMENTS AND SUPPLEMENTS THERETO) AND ACCOMPANYING WHITE PROXY CARD AND ANY OTHER RELEVANT SOLICITATION MATERIALS FILED WITH THE SEC AS THEY CONTAIN IMPORTANT INFORMATION. Shareholders may obtain copies of the Proxy Statement, any amendments or supplements to the Proxy Statement and other documents (including the WHITE proxy card) filed by Phillips 66 with the SEC without charge from the SEC’s website at www.sec.gov. Copies of the documents filed by Phillips 66 with the SEC also may be obtained free of charge at Phillips 66’s investor relations website at https://investor.phillips66.com or upon written request sent to Phillips 66, 2331 CityWest Boulevard, Houston, TX 77042, Attention: Investor Relations.
Certain Information Regarding Participants
Phillips 66, its directors, its director nominees and certain of its executive officers and employees may be deemed to be participants in connection with the solicitation of proxies from Phillips 66 shareholders in connection with the matters to be considered at the 2025 Annual Meeting. Information regarding the names of such persons and their respective interests in Phillips 66, by securities holdings or otherwise, is available in the Proxy Statement, which was filed with the SEC on April 8, 2025, including in the sections captioned “Beneficial Ownership of Phillips 66 Securities” and “Appendix C: Supplemental Information Regarding Participants in the Solicitation.” To the extent that Phillips 66’s directors and executive officers who may be deemed to be participants in the solicitation have acquired or disposed of securities holdings since the applicable “as of” date disclosed in the Proxy Statement, such transactions have been or will be reflected on Statements of Changes in Ownership of Securities on Form 4 or Initial Statements of Beneficial Ownership of Securities on Form 3 filed with the SEC. These documents are or will be available free of charge at the SEC’s website at www.sec.gov.
1. Matthew Tonello, “2023 Disclosure Practices on Board Leadership and Structure,” Harvard Law School Forum on Corporate Governance, May 12, 2025, https://corpgov.law.harvard.edu/2024/01/18/2023-disclosure-practices-on-board-leadership-and-structure/.2. Source: Company filings, public filings.3. Source: Deal Point Data, Reuters, FactSet, Financial Times, RBC Capital Markets.

Source: Phillips 66

MIL OSI Economics –

May 14, 2025
MIL-OSI Asia-Pac: Erick Tsang to visit Hungary, Egypt

Source: Hong Kong Information Services

Secretary for Constitutional & Mainland Affairs Erick Tsang will conclude his Beijing visit tomorrow and depart for Hungary and Egypt from May 15 to 20 to attend the Guangdong-Hong Kong-Macao Greater Bay Area Economic & Trade Cooperation Exchange Conferences.

The conferences are jointly organised by the People’s Government of Guangdong Province, the Hong Kong Special Administrative Region Government and the Macao Special Administrative Region Government, to promote the development opportunities of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).

While in Beijing, Mr Tsang led the Hong Kong SAR Government delegation to meet Vice Minister of Foreign Affairs Hua Chunying and leaders of various bureaus to deepen their understanding of the country’s foreign policies and the latest developments of the international situation.

Mr Tsang thanked the Ministry of Foreign Affairs for its staunch and continuous support for the Hong Kong SAR Government.

He hoped it would continue to provide support and guidance to the Hong Kong SAR Government in handling the city’s external affairs, to support Hong Kong in intensifying international interaction and co-operation, and to showcase the successful implementation of “one country, two systems” to the world.

Mr Tsang also met the Hong Kong Basic Law Committee of the Standing Committee of the National People’s Congress and the Committee on Liaison with Hong Kong, Macao, Taiwan & Overseas Chinese of the National Committee of the Chinese People’s Political Consultative Conference, and toured the China Foreign Affairs University.

Before leaving Beijing tomorrow, he will visit the Museum of Early Revolutionary Activities of the Communist Party of China in Beijing, meet Hong Kong students in Beijing, and call on the Office of the Hong Kong SAR Government in Beijing to receive briefings on its work.

Mr Tsang will leave for Budapest, Hungary, in the early hours of May 15 to attend the Guangdong-Hong Kong-Macao Greater Bay Area – Europe (Hungary) Economic & Trade Cooperation Exchange Conference the next day.

The conference aims to promote the enormous business opportunities brought about by the GBA to the Hungarian business community and how Hong Kong can play its important function as a “super connector” and “super value-adder” between the two places.

During his stay in Hungary, Mr Tsang will meet local political and business representatives to learn about the latest developments in the region and explore ways to further strengthen co-operation between Hungary and Hong Kong, with a view to opening up new opportunities for enterprises of both places.

He will depart for Cairo, Egypt, on May 17 for the Guangdong-Hong Kong-Macao Greater Bay Area – Africa (Egypt) Economic & Trade Cooperation Exchange Conference on May 19 to promote the GBA’s latest developments and the development potential as well as Hong Kong’s unique advantages under “one country, two systems”.

During his stay, he will exchange views with representatives of the local political and business circles to understand the local development trends and promote interface between the industries of Hong Kong and Egypt.

Mr Tsang will leave Egypt on the evening of May 19, returning to Hong Kong on May 20. During his absence, Under Secretary for Constitutional & Mainland Affairs Clement Woo will be Acting Secretary.

Commissioner for the Development of the Guangdong-Hong Kong-Macao Greater Bay Area Maisie Chan and Director-General of Investment Promotion Alpha Lau will join the visits.

MIL OSI Asia Pacific News –

May 14, 2025
MIL-OSI USA: ICE arrests 53 illegal aliens at local San Juan hotel construction worksite

Source: US Immigration and Customs Enforcement

SAN JUAN, Puerto Rico — U.S. Immigration and Customs Enforcement with support from the FBI, the Drug Enforcement Administration, and the U.S. Marshals Service, arrested 53 illegal aliens during a targeted enforcement operation May 8.

Fifty-three Dominican nationals were arrested including seven females during the multiagency operation that took place at the La Concha Renaissance San Juan Resort hotel construction worksite. All illegal aliens are in ICE custody pending removal proceedings.

“Our goal in conducting workplace compliance inspections is to verify that businesses are not employing people who do not have permission to work in the U.S.,” said ICE Homeland Security Investigations San Juan Special Agent in Charge Rebecca González-Ramos. “We will continue our collaboration efforts with local enforcement authorities to identify businesses that are breaking the immigration laws and will remove those individuals that are illegally present in our island.”

ICE is focused on public safety and national security threats. Individuals illegally present in the United States who are encountered during an enforcement operation may be taken into custody and processed for removal as stated by law.

Members of the public with information can report crimes or suspicious activity by dialing the ICE Tip Line at 866-DHS-2-ICE (866-347-2423) or by completing the online tip form.

Learn more about ICE HSI San Juan’s mission to increase public safety in Puerto Rico and the U.S. Virgin Islands on Instagram, Facebook and X.

MIL OSI USA News –

May 14, 2025
MIL-OSI: Ozop Energy Solutions, Inc. Issues a Shareholder Update

Source: GlobeNewswire (MIL-OSI)

Warwick, NY, May 13, 2025 (GLOBE NEWSWIRE) — Ozop Energy Solutions, Inc. (OTC: OZSC) (“Ozop” or the “Company”), a Company focused in the renewable energy sector, today provided an update to its shareholders on recent strategic milestones and upcoming initiatives. With a diverse portfolio of innovative energy solutions, Ozop remains focused on capturing a share of the rapidly growing renewable energy market.

Ozop’s wholly owned subsidiary, Automated Room Controls, Inc. (DBA ARC), has made substantial progress, achieving ETL certification on its first attempt. Since its launch, ARC has submitted $580,000 in bids and secured its first $40,000 in orders, including a recently fulfilled $10,000 shipment. The division continues to refine its technology through ongoing research, development, and internal testing. ARC is scheduled to showcase its latest innovations at Lightstock, a leading Lighting and Controls Expo, in Canandaigua, NY, on June 25th, 2025.

Empire Auto Protect, a trusted name in the automotive sector with a 17-year history of providing premium vehicle service protection plans, is expanding its portfolio to include Ozop Plus’s Electric Vehicle (EV) coverage. In collaboration with Ozop Plus, Empire has integrated the Fully Charged VSC, aligning backend quoting systems to offer a comprehensive suite of EV protection options. This partnership will enhance Empire’s ability to meet the growing demand for EV coverage.

Ozop Plus has successfully completed state approvals with F&I Sentinel, enabling its EV Warranty to be included in auto manufacturers’ financing nationwide. This milestone clears the path for the upcoming launch of Triple-EV.com, a cost-effective, monthly roadside assistance program designed specifically for the EV market. In partnership with Nation Safe Drivers, Triple-EV will offer exclusive services, including roadside charging, flatbed towing, and member-only benefits.

Strategic Growth and New Opportunities:

Ozop Energy Solutions is currently having discussions with a potential acquisition target that is expected to generate approximately $3 million in annual revenue if completed. This acquisition is part of the Company’s ongoing strategy to expand its product range and increase shareholder value.

CEO Statement

Brian Conway, CEO of Ozop Energy Solutions, Inc., commented, “With the changing economic landscape, we’ve learned to pivot effectively when one area faces challenges, like solar and energy storage. As we move beyond years of intensive R&D, we are focused on scaling our sales and marketing efforts to bring innovative solutions to market.”

About Ozop Energy Solutions.

Ozop Energy Solutions (Ozop Energy Solutions (http://ozopenergy.com/) is the flagship company that oversees a wide variety of products in various stages of development in the renewable energy sector. Our strategy focuses on capturing a significant share of the rapidly growing renewable energy market as a provider of assets and infrastructure needed to store energy.

About Empire Auto Protect

Empire Auto Protect is at the forefront of transforming the auto warranty landscape by integrating cutting-edge technology into every aspect of our services. Much like how Apple revolutionized consumer electronics and Tesla redefined automotive innovation, we are setting new standards in the warranty sector.

Our advanced digital platforms streamline the warranty process, making it more efficient and user-friendly for customers. By harnessing data analytics and seamless online tools, we empower consumers with tailored warranty solutions that meet their unique needs. This commitment to innovation not only enhances customer experience but also positions Empire Auto Protect as the leading technology provider in the automotive warranty industry, driving it into a new digital age.

https://empireautoprotect.com/

About Automated Room Controls, Inc.

Also known as ARC, Inc. its mission is to deliver cutting-edge technology that simplifies complex control needs, ensuring seamless integration and exceptional performance. We aim to lead the industry by continuously innovating and providing solutions that meet the evolving demands of our customers. Our vision is to make control systems smarter, more efficient, and more accessible to everyone.

www.ARControl.com

About Ozop Energy Systems, Inc.

Ozop Energy Systems is a manufacturer and distributor of Renewable Energy products in the Energy Storage, Solar, Microgrids, and EV charging Station space. We offer a broad portfolio of Renewable Energy products at competitive prices with a commitment to customer satisfaction from selection, to ordering, shipping, and delivery.

About Ozop Engineering and Design

Ozop Engineering and Design engineers’ energy efficient, easy to install and use, digital lighting controls solutions for commercial buildings, campuses, and sports complexes throughout North America. Products include relays panels, controllers, occupancy/vacancy sensors, daylight sensors and wall switch stations. Ozop has a dedicated design team that produces system drawings and a technical support group for product questions and onsite system commissioning. Our mission is to be recognized for our deep understanding of power management systems and ability to provide the right solution for each facility.

www.ozopengineering.com

About Ozop Capital Partners

Ozop Capital Partners, Inc. is a wholly owned subsidiary of the Company, and wholly owns EV Insurance Company, Inc. (“EVIC”). EVIC, DBA Ozop Plus is licensed as a captive insurer that reinsures. www.OzopPlus.com

https://twitter.com/OzopEnergy

https://www.facebook.com/OzopEnergy/

Safe Harbor Statement

“This press release contains or may contain, among other things, certain forward-looking statements. Such forward-looking statements involve significant risks and uncertainties. Such statements may include, without limitation, statements with respect to the company’s plans, objectives, projections, expectations and intentions and other statements identified by words such as “projects,” “may,” “will,” “could,” “would,” “should,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “potential” or similar expressions. These statements are based upon the current beliefs and expectations of the company’s management and are subject to significant risks and uncertainties, including those detailed in the company’s filings with the Securities and Exchange Commission. Actual results may differ significantly from those set forth in the forward-looking statements. These forward-looking statements involve certain risks and uncertainties that are subject to change based on various factors (many of which are beyond the company’s control). The company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.”

Investor Relations Contact – Ozop
The Waypoint Refinery, LLC
845-397-2956
Visit our Discord:
https://discord.gg/waypoint

The MIL Network –

May 14, 2025
MIL-OSI: Wearable Devices Receives U.S. Patent Notice of Allowance for Hybrid Voice and Gesture Control Innovation

Source: GlobeNewswire (MIL-OSI)

Newly allowed patent extends Wearable Devices’ innovative gesture technology into the domain of voice control

YOKNEAM ILLIT, ISRAEL, May 13, 2025 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI”)-powered touchless sensing wearables, today announced that the United States Patent and Trademark Office has allowed its patent titled “Gesture and Voice-Controlled Interface Device.”

This patent represents a significant advancement in the Company’s strategic intellectual property (“IP”) portfolio, strengthening global protection for its core innovations in wearable bio-potential sensors. The Company’s IP strategy includes patent families designed to protect a wide spectrum of future applications, ensuring agility in response to emerging global market needs.

The newly allowed patent enables the integration of gesture recognition with voice control interfaces, introducing personalization features, and combining both neural and voice-based user authentication. This creates a more seamless, secure, and intuitive human-machine interaction.

The patented technology enables intuitive, hands-free interaction across a wide range of applications. For example, users wearing AI-powered or augmented reality (“AR”) glasses can navigate maps, control audio, and access virtual assistants using natural gestures and voice commands. In smart home applications, a user can use their voice to select a home appliance to control – such as the TV volume or air conditioning temperature – and then use subtle gestures to fine-tune the settings. In multi-user environments, such as smart homes or shared AR systems, the device intelligently recognizes individual users through unique gesture and voice signatures, delivering personalized experiences. In clinical or surgical settings, medical professionals can interact with digital interfaces – scrolling, zooming, or switching views – without compromising sterility, using only in-air gestures and voice cues.

“Voice control is an essential interface for smart environments, but it often lacks the precision, personalization and the security users need,” said Guy Wagner, President and Chief Scientific Officer of Wearable Devices. “By integrating voice and gesture-based interaction along with neural and voice-based user authentication, we’re bridging that gap, enabling users not only initiate actions by voice but also to fine-tune and personalize device behavior through intuitive gestures. This combination introduces a new dimension of seamless, secure, and intelligent human-computer interaction.”

About Wearable Devices Ltd.

Wearable Devices Ltd. is a pioneering growth company revolutionizing human-computer interaction through its AI-powered neural input technology for both consumer and business markets. Leveraging proprietary sensors, software, and advanced AI algorithms, the Company’s innovative products, including the Mudra Band for iOS and Mudra Link for Android, enable seamless, touch-free interaction by transforming subtle finger and wrist movements into intuitive controls. These groundbreaking solutions enhance gaming and the rapidly expanding AR/VR/XR landscapes. The Company offers a dual-channel business model: direct-to-consumer sales and enterprise licensing. Its flagship Mudra Band integrates functional and stylish design with cutting-edge AI to empower consumers, while its enterprise solutions provide businesses with the tools to deliver immersive and interactive experiences. By setting the input standard for the XR market, Wearable Devices is redefining user experiences and driving innovation in one of the fastest-growing tech sectors. Wearable Devices’ ordinary shares and warrants trade on the Nasdaq under the symbols “WLDS” and “WLDSW,” respectively.

Forward-Looking Statements Disclaimer

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, we are using forward-looking statements when we discuss our IP strategy and the benefits and advantages of it, emerging global market needs and the benefits and advantages of newly patented technology. All statements other than statements of historical facts included in this press release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the trading of our ordinary shares or warrants and the development of a liquid trading market; our ability to successfully market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our annual report on Form 20-F for the year ended December 31, 2024, filed on March 20, 2025 and our other filings with the SEC. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Investor Relations Contact
Michal Efraty
IR@wearabledevices.co.il

The MIL Network –

May 14, 2025

MIL-OSI: VERB Beats All Analysts Q1 2025 Financial Performance Estimates

Source: GlobeNewswire (MIL-OSI)

Management Delivers Impressive 80% Revenue Growth Quarter-Over-Quarter

Beats All Revenue and EPS Estimates By A Wide Margin

Q1 2025 Revenue Exceeds Entire 2024 Annual Revenue

Closed $8.5 Million Acquisition Of AI Social Commerce Technology Platform Lyvecom

$5 Million Cash Added To Balance Sheet In Non-Dilutive, Non-Convertible, Preferred Stock Deal

Zero Debt – Strong Cash Position – Expected To Fund Operations Into 2028 And Beyond

Increased Growth Projected For Q2 2025

LAS VEGAS, May 13, 2025 (GLOBE NEWSWIRE) — Verb Technology Company, Inc. (Nasdaq: VERB) (“VERB” or the “Company”), Transforming the Landscape of Social Commerce, Social Telehealth and Social Crowdfunding with MARKET.live; VANITYPrescribed; GoodGirlRx; and the GO FUND YOURSELF TV Show, today filed its Form 10-Q reporting financial and operating results for the quarter ending March 31, 2025.

Q1 Highlights

For the Quarter Ended March 31, 2025

Total Q1 revenue – $1.305 million, an increase of $582 thousand, or 80% over Q4 2024; and an increase of $1.298 million, or 18,543%, over the prior year comparable quarter. Represents the greatest amount of revenue generated since the strategic sale of the Company’s direct sales SaaS business unit in June 2023
Q1 2025 Revenue Exceeds Entire 2024 Annual Revenue
Net loss reduced by $1.0 million, represents an improvement of 29% over the prior year comparable quarter
Operating loss reduced by $558 thousand, represents an improvement of 17% over the prior year comparable quarter
General and Administrative expenses slight increase of $0.4 million, represents an increase of 12% over prior year; indicates that the Company’s current enhanced financial performance is attributable to increases in revenue – not excessive cost cutting measures
ZERO DEBT – All Remaining Debt retired in Q1
Closed Acquisition of AI Social Commerce Technology Platform Lyvecom in deal valued at $8.5 Million
Opportunistically Added $5 Million in Cash to the Company’s balance sheet through non-dilutive, non-convertible, non-voting, preferred stock deal – replenished all the cash used in Lyvecom acquisition and more
Strong Cash Position – expected to fund operations into 2028 and beyond

Results of Operations

Three Months Ended March 31, 2025 Compared to Three Months Ended March 31, 2024

The following is a comparison of the results of our operations for the three months ended March 31, 2025 and 2024 (in thousands):

	Three Months Ended March 31,
	2025			2024			Change

Revenue	$	1,305		$	7		$	1,298

Costs and expenses
Cost of revenue, exclusive of depreciation and amortization shown separately below		347			5			342
Depreciation and amortization		286			256			30
General and administrative		3,331			2,963			368
Total costs and expenses		3,964			3,224			740

Operating loss from continuing operations		(2,659	)		(3,217	)		558

Other income (expense)
Interest income		121			–			121
Unrealized gain on short-term investments		83			–			83
Interest expense		(1	)		(225	)		224
Other income (expense), net		18			(3	)		21
Total other income (expense), net		221			(228	)		449

Net loss	$	(2,438	)	$	(3,445	)	$	1,007

Revenue

Revenue was $1,305 for the three months ended March 31, 2025, as compared to $7 for the three months ended March 31, 2024. The revenue increase of $1,298, representing an increase of 18,543%, is primarily attributable to revenue received from our MARKET.live business unit services packages and from our Go Fund Yourself business unit which began its operations in July 2024.

The table below sets forth our quarterly revenues beginning with the quarter ended September 30, 2023 (the first quarter following the sale of our SaaS business unit) through the quarter ended March 31, 2025, which reflects the trend of revenue over the past seven fiscal quarters:

	Q3 2023		Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
MARKET.live	$	29	29	7	37	103	490	561
GO FUND YOURSELF	$	–	–	–	–	25	233	744
CONSOLIDATED	$	29	29	7	37	128	723	1,305

Operating Expenses

Depreciation and amortization expenses were $286 for the three months ended March 31, 2025, as compared to $256 for the three months ended March 31, 2024.

General and administrative expenses including stock compensation expense were $3,331 for the three months ended March 31, 2025, as compared to $2,963 for the three months ended March 31, 2024.

Other Income (Expense), net

Other income, net, for the three months ended March 31, 2025 was $221, which was primarily attributable to interest income attributable to our short-term highly liquid investments.

Three Months Ended March 31, 2025 Compared to Three Months Ended December 31, 2024

The following is a comparison of the results of our operations for the three months ended March 31, 2025 and December 31, 2024 (in thousands):

	March 31, 2025			December 31, 2024			Change

Revenue	$	1,305		$	723		$	582

Costs and expenses
Cost of revenue, exclusive of depreciation and amortization shown separately below		347			134			213
Depreciation and amortization		286			279			7
General and administrative		3,331			4,020			(689	)
Total costs and expenses		3,964			4,433			(469	)

Operating loss from continuing operations		(2,659	)		(3,710	)		1,051

Other income (expense)
Interest income		121			331			(210	)
Unrealized gain (loss) on short-term investments		83			(153	)		236
Interest expense		(1	)		(1	)		–
Other income (expense), net		18			164			(146	)
Total other income (expense), net		221			341			(120	)

Net loss	$	(2,438	)	$	(3,369	)	$	931

Revenue

Revenue was $1,305 for the quarter ended March 31, 2025, as compared to $723 for the quarter ended December 31, 2024. The revenue increase of $582, representing an increase of 80%, is primarily attributable to growth from our MARKET.live business unit services packages and from tremendous growth in our Go Fund Yourself business unit.

Operating Expenses

Depreciation and amortization expenses were $286 for the three months ended March 31, 2025, as compared to $279 for the three months ended December 31, 2024.

General and administrative expenses including stock compensation expense were $3,331 for the three months ended March 31, 2025, as compared to $4,020 for the three months ended December 31, 2024.

Use of Non-GAAP Measures – Modified EBITDA

In addition to our results under generally accepted accounting principles (“GAAP”), we present Modified EBITDA as a supplemental measure of our performance. However, Modified EBITDA is not a recognized measurement under GAAP and should not be considered as an alternative to net income, income from operations or any other performance measure derived in accordance with GAAP or as an alternative to cash flow from operating activities as a measure of liquidity. We define Modified EBITDA as net income (loss), plus depreciation and amortization, share-based compensation, unrealized (gain) loss on short-term investments, interest expense, financing costs, and other (income) expense, and other non-recurring charges.

Management considers our core operating performance to be that which our managers can affect in any particular period through their management of the resources that affect our underlying revenue and profit generating operations that period. Non-GAAP adjustments to our results prepared in accordance with GAAP are itemized below. You are encouraged to evaluate these adjustments and the reasons we consider them appropriate for supplemental analysis. In evaluating Modified EBITDA, you should be aware that in the future we may incur expenses that are the same as or similar to some of the adjustments in this presentation. Our presentation of Modified EBITDA should not be construed as an inference that our future results will be unaffected by unusual or non-recurring items.


	Three Months Ended March 31,
(in thousands)		2025			2024

Net loss	$	(2,438	)	$	(3,445	)

Adjustments
Depreciation and amortization		286			256
Share-based compensation		958			378
Unrealized gain on short-term investments		(83	)		–
Interest expense		1			225
Other (income) expense, net		(18	)		3
Other costs (a)		256			84

Total EBITDA adjustments		1,400			946
Modified EBITDA	$	(1,038	)	$	(2,499	)

(a) Represents a litigation accrual in 2024. Represents severance costs in addition to acquisition costs incurred for Lyvecom acquisition in 2025.

We present Modified EBITDA because we believe it assists investors and analysts in comparing our performance across reporting periods on a consistent basis by excluding items that we do not believe are indicative of our core operating performance. In addition, we use Modified EBITDA in developing our internal budgets, forecasts and strategic plan; in analyzing the effectiveness of our business strategies in evaluating potential acquisitions; and in making compensation decisions and in communications with our board of directors concerning our financial performance. Modified EBITDA has limitations as an analytical tool, which includes, among others, the following:

Modified EBITDA does not reflect our cash expenditures, or future requirements, for capital expenditures or contractual commitments;

Modified EBITDA does not reflect changes in, or cash requirements for, our working capital needs;

Modified EBITDA does not reflect future interest expense, or the cash requirements necessary to service interest or principal payments, on our debts; and

Although depreciation and amortization are non-cash charges, the assets being depreciated and amortized will often have to be replaced in the future, and Modified EBITDA does not reflect any cash requirements for such replacements.

Liquidity and Capital Resources

Overview

As of March 31, 2025 and 2024, we had the following balances of cash, restricted cash, and highly liquid investments.

	March 31, 2025		December 31, 2024

Cash	$	6,275	$	7,617
Restricted Cash		880		878
Investments: Government-Backed Securities		3,884		3,731
Investments: Corporate Bonds		1,197		1,182
Total	$	12,236	$	13,408

Conference Call Information

VERB CEO, Rory J. Cutaia will hold a conference call today, May 13, 2025, at 1:00 p.m. Eastern time to discuss the first quarter 2025 results and strategic plans for the remainder of 2025 and beyond. A telephonic replay of the conference call is available from 4:00 p.m. Eastern time today through May 27, 2025.

VERB Q1 2025 Earnings Call
Date: Tuesday, May 13, 2025
Time: 1:00 p.m. Eastern time (10:00 a.m. Pacific time)

To access by phone: Please call the conference telephone number 10-15 minutes prior to the start time. An operator will register your name and organization.

Meeting Link: CLICK HERE
Toll Free: 1-877-407-4018
Toll/International: 1-201-689-8471
Telephonic Replay: Available after 5:00 p.m. Eastern time on the same day through May 27, 2025 at 11:59 PM ET

Toll-free replay number: 1-844-512-2921
International replay number: 1-412-317-6671
Replay ID: 13753877

About VERB
Verb Technology Company, Inc. (Nasdaq: VERB), is Transforming the Landscape of Social Commerce, Social Telehealth and Social Crowdfunding with MARKET.live; VANITYPrescribed; GoodGirlRx; and the GO FUND YOURSELF TV Show. The Company operates several business units, each of which leverages its social commerce technology and video marketing expertise. MARKET.live, together with recently acquired AI social commerce technology innovator Lyvecom, is a multi-vendor, livestream social shopping platform that allows brands and merchants to deliver a true omnichannel livestream shopping experience across their own websites, apps, and social platforms. Advanced AI capabilities power real-time user-generated-content creation, automated video content repurposing, and AI-powered virtual live shopping hosts that are virtually indistinguishable from human hosts, capable of real-time audience engagement. Brands utilize our proprietary AI model trained on tens of thousands of video commerce interactions to automate content creation and our intelligent tools designed to optimize merchandising strategies and increase conversion rates. GO FUND YOURSELF is a revolutionary interactive social crowd funding platform and TV show for public and private companies seeking broad-based exposure across social media channels for their crowd-funded Regulation CF and Regulation A offerings. The platform combines a ground-breaking interactive TV show with MARKET.live’s back-end capabilities allowing viewers to tap, scan or click on their screen to facilitate an investment, in real time, as they watch companies presenting before the show’s panel of “Titans”. Presenting companies that sell consumer products are able to offer their products directly to viewers during the show in real time through shoppable onscreen icons. VANITYPrescribed.com and GoodGirlRx.com are telehealth portals, intended to redefine telehealth by offering a seamless, digital-first experience that empowers individuals to take control of their healthcare needs. They were designed and developed to disrupt the traditional healthcare model by providing tailored healthcare solutions at affordable, fixed prices – without hidden fees, membership costs, or inflated pharmaceutical markups. GoodGirlRx.com, a partnership with Savannah Chrisley, a well-known lifestyle personality and advocate for health and wellness, offers customers access to convenient, no-hassle telehealth services and pharmaceuticals, including the new weight-loss drugs, with fixed pricing regardless of dosage, breaking away from the industry’s traditional model of excessive pricing and pharmaceutical gatekeeping.

The Company is headquartered in Las Vegas, NV and operates full-service production and creator studios in Los Alamitos, California.

For more information, please visit: www.verb.tech

Follow VERB and MARKET.live here:
VERB on Facebook: https://www.facebook.com/VerbTechCo
VERB on Twitter: https://twitter.com/VerbTech_Co
VERB on LinkedIn: https://www.linkedin.com/company/verb-tech
VERB on YouTube: https://www.youtube.com/channel/UC0eCb_fwQlwEG3ywHDJ4_KQ

FORWARD-LOOKING STATEMENTS
This communication contains “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties and include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance, or achievements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, those identified in our filings with the Securities and Exchange Commission (the “SEC”), including our annual, quarterly and current reports filed with the SEC and the risk factors included in our annual report on Form 10-K filed with the SEC today. Any forward-looking statement made by us herein is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement whether as a result of new information, future developments or otherwise.

Investor Relations Contact: investors@verb.tech

Media Contact: info@verb.tech

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2dafa316-c785-42b3-9d3c-7e43a0b4ce58

The MIL Network –

May 14, 2025

MIL-OSI: Helport AI Launches Helport Remote to Redefine Global Contact Center Management
Source: GlobeNewswire (MIL-OSI)

AI-Powered Workforce Monitoring Tool Developed for Large-Scale, Global Operations Targets Rapidly Expanding Remote Customer Service Industry

New Offering Pioneers Intelligent Time Management, Video Monitoring, and Performance Insights Across Borders

SINGAPORE and MANILA, Philippines and SAN DIEGO, May 13, 2025 (GLOBE NEWSWIRE) — Helport AI Limited (NASDAQ: HPAI) (“Helport AI” or the “Company”), an AI technology company serving enterprise clients with intelligent customer communication software and services, today announced the launch of Helport Remote, a new workforce monitoring and management tool designed to support the evolving needs of remote contact centers. Engineered specifically for large-scale, multinational contact center operations, Helport Remote aims to empower management teams to achieve greater visibility, control, and efficiency in an increasingly decentralized workforce environment.

The launch follows Helport AI’s strategic expansion across Southeast Asia and builds upon the Company’s AI-powered innovations in customer communication software. With remote and hybrid work models becoming the norm for contact centers globally, Helport Remote is designed to address critical challenges in agent oversight, time zone scheduling, and operational transparency.

Bridging the Distance: A Smarter Way to Manage Remote Contact Centers

Helport Remote combines multiple features into an intuitive and scalable solution for enterprise operations, including:
- Dual-Interface Architecture: The product consists of an agent-side client and an operations dashboard. The agent client can be installed seamlessly and runs in the background to automatically track working hours, training time, and meeting participation—without disrupting workflow. Meanwhile, the operations dashboard enables dynamic, time zone-aware scheduling, real-time oversight, and flexible resource deployment across regions.
- Video Monitoring Technology: Leveraging Helport AI’s proprietary WebRTC infrastructure, Helport Remote enables efficient, high-quality video stream monitoring with minimal bandwidth usage. This makes it especially suitable for small and mid-sized businesses concerned about cost, while delivering robust visibility into agent environments. Monitoring intervals and alert methods (e.g., email, SMS) can be customized to meet varying compliance and business needs.
- Data-Driven Decision Support: As user behavior data is accumulated, Helport Remote generates comprehensive performance reports, including time tracking, compliance analysis, and agent productivity metrics. These reports offer actionable insights to optimize shift planning, elevate service standards, and align agent operations with customer expectations.
- Security and Scalability: Designed with enterprise-grade security and modular architecture, Helport Remote has the ability to scale with organizations—whether organizations are operating local teams or managing thousands of agents across borders.
“Our vision with Helport Remote is to bring intelligence, simplicity, and strategic control to the remote operations space,” said Guanghai Li, CEO of Helport AI. “By integrating behavioral data, time-sensitive scheduling, and low-bandwidth video into a single platform, we aim to redefine what it means to manage a global contact center workforce in the age of AI.”

Built on Decades of Contact Center Expertise

With deep roots in the contact center industry, Helport AI’s founding team brings decades of experience delivering enterprise technology solutions tailored for customer service and business process outsourcing (BPO) environments. The Company has built an established base of contact center clients across geographic regions, supporting high-volume, compliance-driven operations. Helport AI’s newly established Philippines office, launched in January 2025, serves as a proving ground for innovation—hosting over 100 AI-enabled contact center agents who are actively delivering proofs of concept and servicing a wide range of clients across sectors and geographies. This operational foundation ensures Helport Remote is built on a rich understanding of real-world agent workflows and global service demands.

Unlocking Global Talent While Staying Compliant

Helport Remote is expected to be particularly relevant to emerging offshore markets such as the Philippines, where millions of agents serve multinational clients across time zones. Helport Remote seeks to facilitate both operational agility and compliance with statutory work-hour regulations, helping enterprise clients meet service-level agreements while maintaining agent performance and well-being.

As the contact center industry continues to evolve, Helport Remote reflects Helport AI’s commitment to empowering businesses with tools that match the speed and complexity of the modern service landscape.

About Helport AI

Helport AI (NASDAQ: HPAI) is a global technology company serving enterprise clients with intelligent customer communication software and services. Its flagship product, AI Assist, acts as a real-time co-pilot for customer contact teams, delivering smart guidance and tools designed to drive sales, improve customer engagement, and lower costs. The Company’s mission is to empower everyone to work as an expert—using AI to elevate, not replace, human capability. Learn more at www.helport.ai.

Forward-Looking Statements

Certain statements in this announcement are forward-looking, including, but not limited to, Helport AI’s business strategies, expansion plans, and anticipated results. These statements involve risks and uncertainties based on current expectations and projections. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions, although not all forward-looking statements contain these identifying words. Helport AI undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although Helport AI believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and Helport AI cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in Helport AI’s registration statement and other filings with the U.S. Securities and Exchange Commission.

Media Contact
Helport AI Investor Relations
Email: ir@helport.ai
Website: https://ir.helport.ai/

External Investor Relations Contact
Chris Tyson
Executive Vice President, MZ North America
Direct: +1 949-491-8235
Email: HPAI@mzgroup.us
Website: www.mzgroup.us

The MIL Network –
May 14, 2025
MIL-OSI: OMS Energy Technologies Inc. Announces Pricing of Initial Public Offering

Source: GlobeNewswire (MIL-OSI)

SINGAPORE, May 13, 2025 (GLOBE NEWSWIRE) — OMS Energy Technologies Inc. (“OMS” or the “Company”) (NASDAQ: OMSE), a growth-oriented manufacturer of surface wellhead systems and oil country tubular goods for the oil and gas industry, today announced the pricing of its initial public offering (the “Offering”) of 3,703,704 ordinary shares, par value US$0.0001 per share (the “Ordinary Shares”), at a public offering price of US$9.00 per share, for a total base offering size of US$33.3 million, assuming the underwriters do not exercise their option to purchase additional ordinary shares, before deducting underwriting discounts and other related expenses.

The Ordinary Shares are expected to begin trading on the Nasdaq Capital Market (the “NASDAQ”) on May 13 2025, under the ticker symbol “OMSE.” The offering is expected to close on May 14, 2025, subject to customary closing conditions.

In addition, OMS has granted the underwriter a 45-day option from the date of the final prospectus to purchase up to 555,555 additional ordinary shares at the public offering price, less underwriting discounts and commissions.

Roth Capital Partners acted as the sole manager for the Offering. Joseph Gunnar & Co., LLC acted as financial advisor to the Company in connection with the Offering.

A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission (“SEC”) (File Number: 333-282986), as amended, and was declared effective by the SEC on April 28, 2025. Copies of the registration statement can be accessed through the SEC’s website at www.sec.gov.

The offering is being made only by means of a prospectus, forming a part of the registration statement. Copies of the prospectus related to the offering, when available, may be obtained from: Roth Capital Partners, LLC, Attention: Prospectus Department, 888 San Clemente Drive, Suite 400, Newport Beach, California 92660, United States, or by calling +1 (800) 678-9147, or by email at rothecm@roth.com. Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, 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.

About OMS Energy Technologies Inc.

OMS Energy Technologies Inc. (NASDAQ: OMSE) is a growth-oriented manufacturer of surface wellhead systems (SWS) and oil country tubular goods (OCTG) for the oil and gas industry. Serving both onshore and offshore exploration and production operators, OMS is a trusted supplier across six vital jurisdictions in the Asia Pacific, Middle Eastern and North African (MENA) regions. The Company’s 11 strategically located manufacturing facilities in key markets ensure rapid response times, customized technical solutions and seamless adaptation to evolving production and logistics needs. Beyond its core SWS and OCTG offerings, OMS also provides premium threading services to maximize operational efficiency for its customers.

For more information, please visit ir.omsos.com.

Forward-Looking Statements

This press release contains statements that may constitute “forward-looking” statements which are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements relating to the anticipated size of the initial public offering and the expected trading commencement and closing dates. These forward-looking statements can be identified by terminology such as “will,” “would,” “may,” “expects,” “anticipates,” “aims,” “future,” “continues,” “could,” “should,” “target,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar expressions. Statements that are not historical facts, including statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: uncertainties related to market conditions, the satisfaction of customary closing conditions related to the initial public offering, the completion of the initial public offering on the anticipated terms, or at all, and other factors discussed in the “Risk Factors” section of the preliminary prospectus that forms a part of the effective registration statement filed with the Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

OMS Energy Technologies Inc.
Investor Relations
Email: ir@omsos.com

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
Email: oms@thepiacentegroup.com

Hui Fan
Tel: +86-10-6508-0677
Email: oms@thepiacentegroup.com

The MIL Network –

May 14, 2025
MIL-OSI United Kingdom: Pension schemes back British growth
Source: United Kingdom – Executive Government & Departments

Press release

Pension schemes back British growth

Mansion House Accord unlocks up to £50 billion investment for the economy, with first commitments to invest in the UK.
More ambitious targets than 2023 Mansion House Compact will unlock investment into UK businesses and major infrastructure projects, including clean energy developments.

Comes ahead of Pensions Investment Review final report, which will create megafunds to drive more investment, boost pension pots and grow the economy through the Plan for Change.

Up to £50 billion of investment for UK businesses and major infrastructure projects is set to be unlocked through a new agreement with Britain’s biggest pension funds, as the Government goes further and faster to drive growth through the Plan for Change.

Seventeen workplace pension providers managing around 90 percent of active savers’ defined contribution pensions will sign the Mansion House Accord at a roundtable with the Chancellor and Minister for Pensions in the City of London today (Tuesday 13 May).

Signatories to the Accord will pledge to invest 10 percent of their workplace portfolios in assets that boost the economy such as infrastructure, property and private equity by 2030. At least 5 percent of these portfolios will be ringfenced for the UK, expected to release £25 billion directly into the UK economy by 2030.

This investment could support clean energy developments across the country, delivering greater energy security and helping to lower household bills, as well as delivering growth finance to Britain’s world-leading science and technology businesses – creating jobs, boosting businesses and putting more money into people’s pockets.

Pension savers will also benefit from the commitment to invest in private markets. Comparable Australian schemes invest significantly more in private markets and domestic companies than UK schemes, and research suggests greater investment in private markets can deliver security through diversified asset holdings and potentially drive higher returns.

The pledge follows hot on the heels of securing trade agreements with India and the US, which will add billions of pounds to the UK economy and protect thousands of steel and car manufacturing jobs, as well as a fourth interest rate cut since last Summer. This demonstrates the UK’s strength in navigating a changing world, going further and faster through our Plan for Change to drive growth and put more money into people’s pockets.

Rachel Reeves, Chancellor of the Exchequer, said:

Through our Plan for Change, we are choosing to back British businesses and British workers. I welcome this bold step by some of our biggest pension funds, which will unlock billions for major infrastructure, clean energy, and exciting startups — delivering growth, boosting pension pots, and giving working people greater security in retirement.

Torsten Bell, Minister for Pensions, said:

Pensions matter hugely, they underpin not just the retirements we all look forward to, but the investment our future prosperity depends on. I hugely welcome the pensions industry decision to invest in more productive assets, from growing companies to infrastructure. This supports better outcomes for savers and faster growth for Britain.

Today’s announcement is more ambitious than the 2023 Mansion House Compact, where eleven funds committed to the aim of investing 5 percent of their workplace defined contribution default funds – the off-the-shelf funds providers offer to the vast majority of savers – in unlisted companies by 2030. The new commitment involves the vast majority of the industry and brings more assets into scope, doubles the target from 5 percent to 10 percent, and includes a specific commitment to investing 5 percent in the UK.

Progress against the commitment will be monitored and the initiative will be reinforced by measures to be announced in the upcoming final report of the Pensions Investment Review. The final report will tackle fragmentation in the UK pension system, creating pension megafunds that take advantage of scale and consolidation like Australian and Canadian funds do, to invest in productive assets like private markets and big infrastructure projects.

Some pension funds have already indicated privately that they will go beyond the targets agreed through the Mansion House Accord, which could lead to even more direct investment in the UK economy – and is particularly welcomed by the government.

Today’s commitment comes alongside progress in the government’s efforts to help pension savers benefit from the opportunities of investing in UK growth. The British Business Bank has now received regulatory approval from the Financial Conduct Authority to deliver the British Growth Partnership – which will provide UK pension funds and other institutional investors with access to the Bank’s extensive pipeline of UK venture capital opportunities.

The government will continue working with the industry to make sure pension schemes deliver the best possible value for savers — while driving the investment needed to deliver growth and put more money into people’s pockets.

Yvonne Braun, Director of Policy, Long-Term Savings, Health and Protection at the ABI, said:

As major investors, the pensions industry already plays a vital role in driving growth in the UK and globally. The Accord formalises the industry’s ambition to invest more in private markets to diversify investments, support innovation and infrastructure, and ensure prosperity. Investments under the Accord will always be made in savers’ best interests. It is now critical that Government supports the industry’s ambition, by facilitating a pipeline of suitable investment opportunities, tackling barriers to investments, and delivering wider pension reforms effectively.

Alastair King, Lord Mayor of London, said:

The Mansion House Accord builds on the strong foundations of the Compact and signals a step change in ambition: more signatories, deeper allocations to private markets, and a clearer commitment to backing UK assets. That includes a renewed focus on revitalising the Alternative Investment Market (AIM) of the London Stock Exchange as well as the Aquis Exchange, which play a critical role in supporting high-growth companies that drive innovation, jobs and productivity. If we want those firms to scale in the UK, we must ensure they have the capital to do so. This is not just about better pension outcomes, it is about building a more dynamic, competitive investment ecosystem. Delivering long-term, sustainable growth is crucial and the City of London Corporation is delighted to have partnered with industry and Government to bring this ambition to life.

Zoe Alexander, Director of Policy and Advocacy at the PLSA, said:

UK pension schemes already invest billions in UK growth assets. This accord demonstrates the collective ambition of the DC sector to do even more, as well as its confidence that the UK will provide the right opportunities to invest, consistent with schemes’ fiduciary duty to members. The Government, in its turn, has committed to take action to ensure there is a strong pipeline of investable assets for pension schemes. With everyone playing their part, there is great potential to boost returns for savers while providing vital funding to productive growth areas.

More information

This is a voluntary expression of intent by seventeen signatories. The Mansion House Accord has been jointly led by the ABI, City of London Corporation and the Pensions and Lifetime Savings Association.

Signatories to the new commitment include: Aegon, Aon, Aviva, Legal & General, LifeSight, M&G, Mercer, Natwest Cushon, Nest, NOW: Pensions, Phoenix Group, Royal London, Smart Pension, the People’s Pension, SEI, TPT Retirement Solutions and the Universities Superannuation Scheme (USS).

The signatories to the Accord have stated that £252 billion of assets are subject to the pledge. Based on historical growth rates (which have been halved to reflect a maturing market (17% per annum)) and reflecting further consolidation in the pensions market, this could rise to around £740 billion by 2030.

The £50 billion and £25 billion cash estimates for investment unlocked are indicative and assume current private market investment levels are at 3.5%, of which 40% is UK-based. These are increased to 10% and 50% respectively by 2030 in line with the Accord.

Some providers have indicated they may exceed the private markets investment targets in the Accord, which could lead to additional investment.

Investments will support UK growth sectors, including clean energy infrastructure and innovative small businesses.

Government Actuary Department Analysis from 2024 found that a portfolio with greater exposure to private markets – including infrastructure and private equity – delivered stronger returns than a baseline portfolio comprised largely of overseas equities.

The Pensions Investment Review interim report was published at Mansion House 2024, with the final report due Spring 2025.

Pictures will be published on HMT’s Flickr following the signing event.

Stakeholder commentary:

Andy Briggs, Phoenix Group CEO, said:

This Mansion House Accord will unlock investment in UK private markets while helping deliver better long-term returns and retirements for millions of pension savers. The new commitments have the potential to strengthen the economy by fuelling the growth of British businesses and boosting investment in critical infrastructure.

Phoenix Group has already taken a lead by launching Future Growth Capital — the first private market investment manager formed to deliver the commitments made in the initial Mansion House Compact — committing £2.5bn over three years to the UK’s most exciting, innovative and fastest growing companies. The Accord is the natural next step, and we’re proud to play our part in delivering better outcomes for our customers and for the wider society.

Patrick Heath-Lay, Chief Executive Officer of People’s Partnership, provider of People’s Pension, said:

People’s Pension has a vital role to play in the exciting, shared vision for the future of the pensions’ industry, which will see bigger, stronger, value-driven schemes that will deliver better value to their members. By signing this Accord, we are reaffirming how seriously we take our commitment to delivering better outcomes, as well as helping to drive UK economic growth.

David Lane, Chief Executive of TPT Retirement Solutions, said:

By reaching an agreement with pension providers to invest in UK productive finance in a mutually beneficial way, the Government can achieve its objective and support better outcomes for scheme members. Many pension schemes already invest in productive finance, and most are open to investing more in the UK. Investment in assets such as infrastructure, transportation, housing, venture capital and private markets can play an important role in improving risk-adjusted returns for members while also contributing to economic growth.

Meeting the Government’s objectives while also maintaining fiduciary duty and ensuring strong returns for members are not mutually exclusive ambitions. However, hurdles remain around value for money considerations and the availability of suitable investment opportunities. These should be a focus for Government policy to spur more investment. The most pressing issue to deal with is that provider pricing practices leave very little room in the annual management charge for investment fees. There needs to be a shift to a value for money approach that considers the returns from an investment and not just its fees.

Jelena Croad, Head of LifeSight GB, said:

Signing up to the Mansion House Accord is a significant step for LifeSight. We believe that private market investments can increase overall returns as part of a diversified portfolio and have already begun investing in this way.

Our ability to invest in private markets, without increasing existing fee agreements, showcases our dedication to providing the best possible outcomes for our members. We are excited to be part of this initiative and look forward to contributing to the growth of the economy in which our members live.

We are pleased that the government acknowledges the need to increase the pipeline for UK private market investment opportunities. This recognition aligns with our mission to support the growth of innovative firms and sustainable infrastructure within the UK, ultimately enhancing the retirement incomes of millions of UK pension savers.

For LifeSight members, these investments are being made as part of our main default funds, ensuring that our members benefit from high-quality investment opportunities.

Steve Charlton, a member of SPP’s DC Committee and DC Managing Director at SEI, said:

Due to ongoing collaboration and open dialogue between the industry and the UK government, we have become comfortable with the proposed changes to the Mansion House reforms. This accord demonstrates our collective ambition to have a consolidated workplace pension environment that provides flexibility and choice for pension funds to invest where they see opportunity, whilst balancing their responsibility to members.

We welcome the government’s commitment to ensure a good flow of investable opportunities for pension schemes. This mitigates our previous concerns about the risks of high-priced, poor-quality investments in an environment where the originally proposed investable opportunities are scarce. It enables everyone to play their part in helping to deliver better member outcomes and drive economic growth.

Lorna Blyth, Managing Director – Investment Proposition at Aegon UK, said:

Aegon UK is proud to be a signatory of the Mansion House Accord, which aligns with our aim to deliver better long-term outcomes for our pension scheme members.

We are committed to ensuring our customers can access and share in the potential growth and success of new, innovative companies as part of diversified portfolios. Leveraging our partnership with the British Business Bank, along with our scale and expertise, we are dedicated to developing investment solutions that improve the retirement outcomes of the millions of members of the defined contribution pension schemes we support. We’ve made significant progress in becoming a DC provider fit for the future – but our journey doesn’t end here.

The Accord is a key element of the Government’s growth agenda, alongside other initiatives likely to transform the UK’s DC pensions market. It comes as the conclusions of the Pensions Investment Review are expected imminently and further fundamental changes are expected in the Pension Schemes Bill later this spring. This makes it essential that the Government adopts a pragmatic approach to implementation. Realistic timeframes and a steady supply of high-quality UK investment opportunities across all private asset classes are crucial for ensuring success. This includes collaborating with more organisations such as the British Business Bank to provide access to diverse types of private assets – from private equity to infrastructure, which are all vital for optimising member benefits and developing investment portfolios designed for long term growth.

Amanda Blanc DBE, Aviva Group Chief Executive Officer, said:

This is a major opportunity for the pension and investment industry to support UK growth while delivering improved outcomes for pension savers. As a significant investor in private markets, Aviva has recently launched a number of funds to give over four million workplace pension customers even greater opportunity to invest in UK assets, including innovative, early-stage businesses, and we want to do much more.

Jo Sharples, CIO, DC Solutions at Aon, said:

We believe that investing in private assets will benefit pension scheme members by delivering better expected returns over the long-term, ultimately resulting in higher retirement outcomes. The new Mansion House Accord is a great step forward in achieving this and is a fantastic example of how the UK pensions industry can work together to break down barriers to enable greater investment in private assets.

Share this page

The following links open in a new tab

Share on Facebook (opens in new tab)

Share on Twitter (opens in new tab)

Updates to this page

Published 13 May 2025
MIL OSI United Kingdom –
May 14, 2025
Blood Money: Pakistan’s Shadow Economy and the Trade that Fuels Terrorism

Source: Government of India

Source: Government of India (4)

A Hidden Artery that Predates 9/11

Islamabad has long claimed that terrorist finance seeped in from Afghanistan only after the Twin Towers fell. Yet the sluice gates were prised open a decade earlier. In 1991, then-Prime Minister Nawaz Sharif said he received a “blueprint” from Army Chief General Aslam Beg and ISI Director-General Asad Durrani: fund covert wars by selling heroin overseas, according to NATO’s study Narco-Insecurity, Inc. Sharif maintains he rejected the proposal; the generals deny it; but the episode revealed a mindset in which narcotics were deemed an acceptable coin of statecraft—ten years before 9/11 and far from any Afghan battlefield.

The prime minister might have disowned the scheme, yet his party was deeply enmeshed in the narcotics trade. Sharif later admitted to The Washington Post in 1994 that ISI-backed drug profits financed covert operations. Through the ISI, the Pakistan Army set up narcotics routes to bankroll terror campaigns in Jammu & Kashmir and Afghanistan.

Narco-Politics: Heroin as Statecraft

Until the Taliban imposed a ban in August 2022, Afghanistan produced about 80 per cent of the world’s opium, and the cheapest road to blue water runs through Pakistan’s south-western badlands. United Nations Office on Drugs and Crime research on the “southern route” names Iran and Pakistan as key springboards for Afghan heroin bound for the Gulf and Europe, generating windfalls well into the billions. By cautious estimates, smuggling through Pakistan alone spins off more than a billion US dollars of largely untaxed cash each year. Militants who guard convoys or refine opium into export-grade heroin take their cut; so do civilians and men in uniform who provide protection.

Moreover, a United Nations report notes that despite the Taliban edict, opium cultivation in 2024 still rose by 19 per cent over the 2023 figure.

Counterfeit Nation: A War Printed Across the Border

If heroin yields a harvest within Pakistan, counterfeit rupees sow chaos next door. In May 2019 Nepalese police seized INR 76.7 million in near-perfect Fake Indian Currency Notes (FICN) from Kathmandu trafficker Yunus Ansari and three Pakistani couriers. Investigators traced the notes to Karachi presses reportedly run by Dawood Ibrahim’s crime syndicate under ISI protection.

The objective, officials say, is two-fold: finance jihadist allies such as Lashkar-e-Taiba and Jaish-e-Mohammed, and erode confidence in India’s currency—a variety of “economic jihad” achievable with little more than a printing plate and diplomatic deniability. The ISI funnels FICN through Nepal and Bangladesh via illicit networks that span their borders with India. In February 2015 a Pakistani diplomat was withdrawn from the High Commission in Dhaka after it was proved he was an ISI operative engaged in terror financing and FICN circulation.

Extortion City: Karachi’s Cash Cow

Drugs and forged money form the overture; raw fear provides the steady bass line. Bank robberies in Karachi once netted the Pakistani Taliban and allied outfits more than US $800,000 after commanders in the tribal belt ordered urban cells to abandon foreign donations and fund themselves through crime, reports the ‘Combating Terrorism Centre at West Point’ in its analysis, The Pakistani Taliban’s Karachi Network. The raids were the visible crest of a broader wave of “bhatta parchis”—monthly protection money squeezed from transporters, timber merchants and even school principals. Karachi’s takings underwrote bombs that shredded markets in Peshawar and ambushes that bled police in Khyber. The pattern never vanished; it migrated. In March 2025 the outlawed Tehreek-e-Taliban Pakistan sent letters to sugar-mill owners in Dera Ismail Khan: pay us, not the government, or watch your factories burn.

Hawala: The Invisible Artery

Moving cash is effortless when the state prefers the informal. Terrorist groups draw billions of rupees through hawala, cash couriers and black-market currency dealers; narcotics, kidnapping and extortion are core revenue streams. Hawala’s genius lies in its invisibility: one telephone call links a donor in Dubai to a broker in Lahore, and rupees materialise—unrecorded, untaxed, unseen. The same networks move political kick-backs and corporate tax evasion, ensuring institutional silence so long as every stakeholder’s share arrives on time.

Balochistan and Other Wild Frontiers

Farther west, a smuggler’s paradise of desert tracks and deep-water coves bankrolls both sides of Balochistan’s low-burn insurgency. The Baloch Liberation Army, analysts say, enjoys “well-funded support mechanism”: levies on coal trucks, tolls on diesel convoys and a system to keep the rebellion alive. Every barrel of fuel taxed on the Makran coast, every tonne of chromite shifted from a lawless quarry — deposits fresh ammunition in the rebels’ accounts—and justifies larger counter-insurgency budgets for the security establishment run by the Pakistani generals. Conflict has become profitable to the state here as well.

Who Holds the Purse-Strings?

Official spokesmen of the country blame “rogue elements” or “hostile foreign agencies” for terror finance. Yet evidence places Pakistan’s power elite at every collection point. From the 1991 heroin blueprint to the Jamaat-ud-Dawa and Lashkar-e-Taiba donation buckets in Lahore’s mosques and Jaish-e-Mohammed’s seminary in Bahawalpur, terrorism has long been treated as a strategic hedge, not an existential threat. Only when the guns turned inward did the establishment discover the lexicon of compliance.

Under international pressure, the Financial Action Task Force removed Pakistan from its grey list in October 2022. Television viewers saw frozen accounts, a few celebrity militants behind bars and choreographed press conferences about hawala raids. Yet these gestures were skin-deep. The deeper arteries still pulse: the Pahalgam terror attack traced back to Pakistan is a reminder, and the world community should move to grey-list Islamabad again.

Turning Off the Tap—or Pretending To

Pakistan’s terror economy is no single pipe to be welded shut; it is an underground river fed by narcotics, fake currency, extortion, smuggling and the state’s own cynical bargains. The generals who toyed with heroin, the politicians who wink at hawala donors and the bureaucrats who auction customs posts have all drunk from its waters. Could it end? With an economy edging towards default and a state apparatus that still wields covert terror as policy, the prospect appears bleak. Only an uncompromising audit of power can stem the blood money coursing through Pakistan’s shadow state—yet such scrutiny remains a distant chord in a pseudo-civilian order orchestrated by the army and its ISI handlers.

May 14, 2025
MIL-OSI: Golar LNG Limited Q1 2025 results presentation – Date change

Source: GlobeNewswire (MIL-OSI)

Due to a newly scheduled official State visit to the GTA Hub in Mauritania and Senegal, which will be attended by senior management, Golar’s Q1 2025 results will be released before the NASDAQ opens on Tuesday, May 27, 2025. In connection with this the webcast presentation will be held at 1:00 P.M (London Time) on Tuesday May 27, 2025. The presentation will be available to download from the Investor Relations section at www.golarlng.com

We recommend that participants join the conference call via the listen-only live webcast link provided. Sell-side analysts interested in raising a question during the Q&A session that will immediately follow the presentation should access the event via the conference call by clicking on this link. We recommend connecting 10 minutes prior to the call start. Information on how to ask questions will be given at the beginning of the Q&A session. There will be a limit of two questions per participant.

a. Listen-only live webcast link
Go to the Investors, Results Centre section at www.golarlng.com and click on the link to “Webcast”. To listen to the conference call from the web, you need to have a sound card on your computer, but no special plug ins are required to access the webcast. There is a “Help” link available on the webcast pages for anyone who may have issues accessing.

b. Teleconference

Conference call participants should register to obtain their dial in and passcode details. This process eliminates wait times when joining the call.

When you log in, you can either dial in using the provided numbers and your unique PIN, or select the “Call me” option and type in your phone number to be instantly connected to the call. Use the following link to register.

Please download the presentation material from www.golarlng.com (Investors, Results Centre) to view it while listening to the conference.

If you are not able to listen at the time of the call, you can assess a replay of the event audio for a limited time on www.golarlng.com (Investors, Results Centre).

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

The MIL Network –

May 14, 2025
MIL-OSI: Royalty Pharma to Present at Upcoming Investor Conferences
Source: GlobeNewswire (MIL-OSI)

NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) — Royalty Pharma plc (Nasdaq: RPRX) today announced that it will participate in the following upcoming investor conferences during the month of May:
- BofA Securities 2025 Healthcare Conference on Wednesday, May 14 at 5:20 p.m. ET / 2:20 p.m. PT
- RBC Capital Markets 2025 Global Healthcare Conference on Tuesday, May 20 at 4:05 p.m. ET
The webcasts will be accessible from Royalty Pharma’s “Events” page at https://www.royaltypharma.com/investors/events/. Webcasts will also be archived for a minimum of thirty days.

About Royalty Pharma

Founded in 1996, Royalty Pharma is the largest buyer of biopharmaceutical royalties and a leading funder of innovation across the biopharmaceutical industry, collaborating with innovators from academic institutions, research hospitals and non-profits through small and mid-cap biotechnology companies to leading global pharmaceutical companies. Royalty Pharma has assembled a portfolio of royalties which entitles it to payments based directly on the top-line sales of many of the industry’s leading therapies. Royalty Pharma funds innovation in the biopharmaceutical industry both directly and indirectly – directly when it partners with companies to co-fund late-stage clinical trials and new product launches in exchange for future royalties, and indirectly when it acquires existing royalties from the original innovators. Royalty Pharma’s current portfolio includes royalties on more than 35 commercial products, including Vertex’s Trikafta, GSK’s Trelegy, Roche’s Evrysdi, Johnson & Johnson’s Tremfya, Biogen’s Tysabri and Spinraza, AbbVie and Johnson & Johnson’s Imbruvica, Astellas and Pfizer’s Xtandi, Novartis’ Promacta, Pfizer’s Nurtec ODT and Gilead’s Trodelvy, and 15 development-stage product candidates. For more information, visit www.royaltypharma.com.

Royalty Pharma Investor Relations and Communications

+1 (212) 883-6772
ir@royaltypharma.com

The MIL Network –
May 14, 2025
MIL-OSI: TRESU Investment Holding A/S – Annual General Meeting 2025
Source: GlobeNewswire (MIL-OSI)

TRESU INVESTMENT HOLDING A/S
ANNOUNCEMENT NO. 06.2025
13.05.2025

TRESU Investment Holding A/S – Annual General Meeting 2025

On the annual general meeting 2025 of Tresu Investment Holding A/S the following decisions were made:
- The audited annual report for 2024 was adopted.
- In accordance with the proposal by the Board of Directors, the loss as recorded in the annual report was appropriated.
- Jean-Marc Denis Lechene, Søren Dan Johansen, Ola Harald Erici and Stephan Hubert Plenz were re-elected as members of the Board of Directors.
- PriceWaterhouseCoopers Statsautoriseret Revisionspartnerselskab was re-elected as auditor of the company.
- The Board of Directors and the Executive Board were discharged from liability.
The general meeting had specifically waived the requirement for notice and presentation of documents under the Danish Companies Act and the Articles of Association.

For further details, please contact

CFO, Torben Børsting, phone: +45 5130 2780

The MIL Network –
May 14, 2025
MIL-OSI: Apollo Hybrid Funds to Acquire PowerGrid Services from The Sterling Group

Source: GlobeNewswire (MIL-OSI)

Investment Will Support Leading Provider of Electric Utility Maintenance and Construction Services in its Mission to Address Growing US Power Demand and Needed Grid Improvements

HARTSELLE, Ala. and NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE:APO) today announced that Apollo-managed funds and affiliates associated with its hybrid strategies (the “Apollo Funds”) have agreed to acquire a majority stake in PowerGrid Services (“PGS”), a leading provider of maintenance and construction services to electric utilities across the United States. The Apollo Funds will partner with existing PGS investors, including company management and The Sterling Group, to support PGS’s continued growth.

PowerGrid Services keeps the lights on across America by delivering essential utility services—from routine construction and maintenance to emergency response. With over 1,400 skilled in-house professionals and thousands more through its national vendor network, PGS brings scale and speed to utility customers nationwide. Its hybrid service model supports construction, repair and maintenance of the full power grid, including transmission, distribution, substations and vegetation management. PGS’s safety-first culture and reliability has made it a go-to partner for grid modernization and resilience efforts in over 35 states.

Quentin Gillette, CEO of PGS, and Beth Gillette, PGS Board Member and Strategic Advisor, said, “We are thrilled to announce this transaction with Apollo, which marks an exciting milestone for our company. We founded PGS with a clear vision to be a trusted utility partner dedicated to solving challenges, strengthening our nation’s electric grid and improving quality of life in the communities where we operate. Apollo’s operational and strategic support will help us level up our capabilities and growth while remaining true to our culture and core mission of providing safe and reliable services to our customers. We are also grateful for The Sterling Group’s support over the past several years.”

Craig Horton, Partner at Apollo, said, “We are proud to partner with Quentin, Beth and the entire PGS leadership team to support PGS’s growth as a trusted partner to electric utility customers across the US. Apollo is focused on meeting the capital needs of industries that are driving a Global Industrial Renaissance, and we believe PGS is well positioned to help meet the growing demand for power across the country through its contributions to grid stability and electric infrastructure. The investment by the Apollo Funds enables us to bring the considerable resources of the Apollo platform to bear to help accelerate PGS’s geographic expansion, both organically and through its targeted acquisition strategy.”

Kent Wallace, Partner at The Sterling Group, said, “Since 2021, our team has worked closely with PGS’s leadership group to help the company triple in size and deliver the infrastructure needed to meet critical electric grid services. We look forward to supporting the company’s continued success.”

The transaction is subject to the satisfaction of customary closing conditions, including receipt of required regulatory approvals.

J.P. Morgan Securities LLC acted as financial advisor to the Apollo Funds on the transaction, while Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel.

Lincoln International acted as financial advisor to PGS and its shareholders, including management and The Sterling Group, while Kirkland & Ellis LLP served as legal counsel.

About PowerGrid Services

PowerGrid Services (“PGS”) is a national provider of mission-critical electric utility services, offering a uniquely integrated platform across planned infrastructure work and rapid emergency response. Leveraging a hybrid service model that combines an in-house team of more than 1,400 skilled professionals with access to thousands of additional resources through our national vendor network, the company is built to respond quickly and safely when it matters most. PGS supports the full electrical infrastructure lifecycle, providing construction, repair, and maintenance from distribution and transmission to substations and vegetation management. The company’s commitment to safety and service excellence has made it a trusted partner for grid modernization, hardening, and event response to investor-owned utilities, municipalities, and co-ops across 35 states.

About Apollo

Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of March 31, 2025, Apollo had approximately $785 billion of assets under management. To learn more, please visit www.apollo.com.

About The Sterling Group

Founded in 1982, The Sterling Group is a private equity investment firm that targets investments in manufacturing, distribution, and industrial services companies. Typical enterprise values of these companies at initial formation range from $100 million to $750 million. Sterling has sponsored the buyout of 74 platform companies and numerous add-on acquisitions for a total transaction value of over $25 billion. Sterling currently has $9.4 billion of assets under management. For further information, please visit www.sterling-group.com.

Past performance is no guarantee of future results and all investments are subject to loss.

Contacts

Noah Gunn
Global Head of Investor Relations
Apollo Global Management, Inc.
(212) 822-0540
IR@apollo.com

Joanna Rose
Global Head of Corporate Communications
Apollo Global Management, Inc.
(212) 822-0491
Communications@apollo.com

Franny Jones
Partner, Investor Relations
The Sterling Group
713-341-5756
IR@sterling-group.com

The MIL Network –

May 14, 2025
MIL-OSI: MicroAlgo Inc. Develops Blockchain-Based Traceable IP Rights Protection Algorithm

Source: GlobeNewswire (MIL-OSI)

shenzhen, May 13, 2025 (GLOBE NEWSWIRE) — MicroAlgo Inc. Develops Blockchain-Based Traceable IP Rights Protection Algorithm

Shenzhen, May. 13, 2025/––MicroAlgo Inc. (the “Company” or “MicroAlgo”) (NASDAQ: MLGO), today announced the development of a blockchain-based traceable IP rights protection algorithm, aiming to fundamentally address the shortcomings of existing copyright protection technologies and safeguard intellectual property rights.
MicroAlgo leverages blockchain’s distributed ledger and immutability features to develop a technical solution integrating a quadratic matrix transformation mathematical model, distributed random embedding mechanism, and location mapping function design. This enables precise traceability and secure protection of IP copyright throughout its lifecycle, from creation to transaction.
Quadratic Matrix Transformation Model:in the digital mapping process of IP rights transactions, the quadratic matrix transformation model builds a structured multidimensional data system that mathematically models and enhances key elements of the transaction. Specifically, the model first quantifies and encodes critical parameters such as the identities and credit ratings of the transacting parties, scope of authorization, content characteristics (e.g., digital fingerprints, hash values, creation timestamps), and transaction attributes (e.g., authorization duration, usage scope, transaction amount) into a base matrix M₀ in a multidimensional vector space. Subsequently, through secondary linear transformations—such as eigenvalue decomposition, singular value decomposition, or polynomial transformation—a high-distinguishability feature matrix M’ is generated. This process retains the core features of the original data while eliminating redundancy through orthogonal transformation and dimensionality reduction, producing a unique and verifiable transaction identifier.
The core advantage of the quadratic transformation lies in its construction of a bidirectional, verifiable mathematical correlation: on one hand, the transformed matrix contains all the key information from the original transaction and can be reversed using inverse algorithms for verification. On the other, the matrix’s eigenvalues and eigenvectors form a “digital fingerprint” of the transaction, serving as a standardized data interface for IP rights tracking on the blockchain. For example, when rights are transferred, new transaction data is mathematically linked with the previous matrices to form a sequential chain of feature matrices. This ensures each transaction is compliant and traceable within a rigorous mathematical logic framework.
Distributed Random Embedding Mechanism: this mechanism uses specific random algorithms to embed key IP identifiers into various nodes across the blockchain in a distributed, concealed, and randomized manner. This approach makes it difficult to tamper with or maliciously extract copyright information while providing dispersed and reliable clues for subsequent traceability.
Positional Mapping Function Design: by combining parameters such as time and transaction hash values, this design generates mapping factors through a traceable mapping function. This allows for rapid location of copyright data and enables end-to-end tracking of the origin and circulation of IP rights.
During the operation of the entire blockchain network, even in the event of anomalies such as replay attacks, this algorithm—thanks to its unique structure and mechanisms—can swiftly retrieve copyright information using the stored data and correlation logic. It promptly identifies and addresses potential IP security threats, ensuring that intellectual property rights remain under effective protection at all times.
From a security standpoint, the algorithm leverages a distributed random embedding mechanism to store copyright information in a decentralized and concealed manner. This significantly increases the difficulty for attackers to access or tamper with the data and effectively resists common threats such as replay attacks. It establishes a strong security barrier for IP rights protection. In terms of stability, built upon the reliable architecture of blockchain, the algorithm maintains stable operation even in complex network environments with high volumes of transaction data. This ensures accurate tracking and management of copyright information without errors. Traceability is another key strength. With the support of components such as the positional mapping function, the algorithm clearly records and presents the complete transaction chain of copyright information—from its creation to each subsequent transaction. This allows rights holders to monitor copyright activities in real time and provides robust evidence in case of disputes.
As blockchain technology continues to evolve and copyright-related business scenarios grow increasingly complex and diversified, MicroAlgo’s algorithm is poised for further refinement and optimization. It holds the potential to integrate with more advanced encryption technologies to strengthen the protection of copyright information. Furthermore, it may expand its applications into more specialized areas of intellectual property, such as design patents and trademarks, becoming a critical global technology for IP rights protection and driving a more robust and efficient IP protection ecosystem.

About MicroAlgo Inc.
MicroAlgo Inc. (the “MicroAlgo”), a Cayman Islands exempted company, is dedicated to the development and application of bespoke central processing algorithms. MicroAlgo provides comprehensive solutions to customers by integrating central processing algorithms with software or hardware, or both, thereby helping them to increase the number of customers, improve end-user satisfaction, achieve direct cost savings, reduce power consumption, and achieve technical goals. The range of MicroAlgo’s services includes algorithm optimization, accelerating computing power without the need for hardware upgrades, lightweight data processing, and data intelligence services. MicroAlgo’s ability to efficiently deliver software and hardware optimization to customers through bespoke central processing algorithms serves as a driving force for MicroAlgo’s long-term development.
Forward-Looking Statements
This press release contains statements that may constitute “forward-looking statements.” Forward-looking statements are subject to numerous conditions, many of which are beyond the control of MicroAlgo, including those set forth in the Risk Factors section of MicroAlgo’s periodic reports on Forms 10-K and 8-K filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, MicroAlgo’s expectations with respect to future performance and anticipated financial impacts of the business transaction.

MicroAlgo undertakes no obligation to update these statements for revisions or changes after the date of this release, except as may be required by law.
Contact
MicroAlgo Inc.
Investor Relations
Email: ir@microalgor.com

The MIL Network –

May 14, 2025
MIL-OSI: Northstrive Biosciences Signs Binding Term Sheet with Modulant Biosciences for Exclusive Global Animal Health Licensing of EL-22
Source: GlobeNewswire (MIL-OSI)
- Binding term sheet grants Modulant Biosciences exclusive global rights to develop and commercialize EL-22 for animal health, enabling a first-of-its-kind probiotic approach to muscle preservation in livestock.
- This collaboration represents a strategic opportunity for Northstrive to monetize the intellectual property of EL-22 in the animal health sector. If EL-22 is successfully developed and brought to market, the license could become a long-term revenue-generating asset.
NEWPORT BEACH, Calif., May 13, 2025 (GLOBE NEWSWIRE) — Northstrive Biosciences Inc. (“Northstrive”), a subsidiary of PMGC Holdings Inc. (NASDAQ: ELAB) (the “Company,” “PMGC,” “we,” or “our”), today announced the signing of a binding term sheet with Modulant Biosciences LLC (“Modulant”). This binding term sheet outlines the terms for a future definitive licensing agreement for Northstrive’s licensing of certain intellectual property rights related to EL-22 in the field of animal health. This license would allow Modulant to use the relevant intellectual property for uses in animal health (“Intellectual Property”), including use as a feed additive. Excluding the Republic of Korea, the license would be worldwide and exclusive, and give Modulant the exclusive right to sub-license the relevant intellectual property globally.

The Intellectual Property consists of those patents and applications set forth in the definitive licensing agreement, including at least: (i) U.S. Patent 8,470,551, (ii) U.S. Patent Application No. 19/19,191,246, and (iii) U.S. Patent Application No. 19/191,258. The definitive licensing agreement will establish a framework for the parties’ collaboration, sharing of intellectual property, and commercialization oversight, with a focus on livestock and other veterinary markets.

“Targeting the myostatin pathway with a probiotic approach could be a breakthrough for achieving improved body composition in livestock and companion animals,” said Modulant Biosciences CEO Tom Campi. “The licensing of EL-22 will enable us to evaluate the muscle-building properties of the modified lactobacillus casei for treating livestock and supporting the industry’s environmental efforts.”

Modulant Biosciences is led by Tom Campi, a seasoned biotechnology executive with extensive experience in animal drug development and commercialization. Dr. Campi is board certified by the American College of Poultry Veterinarians and has previously worked for Elanco Animal Health and Huvepharma. His more than 25-year career path has included roles in poultry technical consulting, leadership roles in US and European regulatory affairs and technology acquisitions.

As part of the financial terms, Modulant will pay Northstrive a share of all revenues generated from sublicensing and commercial activities. Northstrive will receive a percentage of all such revenues until a certain dollar limit, after which the royalty rate will decrease. The definitive licensing agreement will also include provisions for the parties’ co-ownership of new intellectual property developed by Modulant, certain sublicensing rights, and annual updates from Modulant about licensing and commercialization efforts for the licensed technology.

The parties intend to finalize and execute the definitive license agreement in the coming months, pending necessary approvals from Northstrive’s head licensor for certain intellectual property rights related to EL-22.

About Northstrive Biosciences Inc.

Northstrive Biosciences Inc., a PMGC Holdings Inc. company, is a biopharmaceutical company focusing on the development and acquisition of cutting-edge aesthetic medicines. Northstrive’s lead asset, EL-22, leverages an engineered probiotic approach to address obesity’s pressing issue of preserving muscle while on weight loss treatments, including GLP-1 receptor agonists. For more information, please visit www.northstrivebio.com.

About PMGC Holdings Inc.

PMGC Holdings Inc. is a diversified holding company that manages and grows its portfolio through strategic acquisitions, investments, and development across various industries. Currently, our portfolio consists of three wholly owned subsidiaries: Northstrive Biosciences Inc., PMGC Research Inc., and PMGC Capital LLC. We are committed to exploring opportunities in multiple sectors to maximize growth and value. For more information, please visit https://www.pmgcholdings.com.

About Modulant Biosciences LLC

Modulant Biosciences is a biotechnology company specializing in veterinary medicine innovation. Led by Dr. Tom Campi, Modulant is focused on developing novel drugs and biologics for livestock and companion animals. Currently, Modulant’s synergistic pipeline includes first in class antivirals for livestock and companion animals and a “One Drug for All Cancers” platform.

Forward-Looking Statements

Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Words such as “believes,” “expects,” “plans,” “potential,” “would” and “future” or similar expressions such as “look forward” are intended to identify forward-looking statements. Forward-looking statements are made as of the date of this press release and are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy, activities of regulators and future regulations and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results. Therefore, you should not rely on any of these forward-looking statements. These and other risks are described more fully in PMGC’s filings with the United States Securities and Exchange Commission (“SEC”), including the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on March 28, 2025, and its other documents subsequently filed with or furnished to the SEC. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at www.sec.gov. All forward-looking statements contained in this press release speak only as of the date on which they were made. Except to the extent required by law, the Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

IR Contact:
IR@pmgcholdings.com

The MIL Network –
May 14, 2025
MIL-OSI: Aemetis Biogas Signs $27 Million Agreement with Centuri to Build Gas Cleanup Systems for 15 Dairy Digesters

Source: GlobeNewswire (MIL-OSI)

CUPERTINO, Calif., May 13, 2025 (GLOBE NEWSWIRE) — Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused on low and negative carbon intensity renewable fuels, announced today that its Aemetis Biogas subsidiary has signed a $27 million equipment agreement with Centuri Holdings, Inc. (NYSE: CTRI), a $2.6 billion infrastructure services contractor, to build biogas cleanup systems for 15 dairy digesters.

This signed agreement, and expected future agreements with Centuri, will enable Aemetis Biogas to rapidly scale up the construction of dairy digesters to produce renewable natural gas (RNG) for a total of 50 dairies that have already been signed by Aemetis Biogas. This summer, 16 dairies are scheduled to be operating in the Aemetis Biogas Central Digester Project near Modesto, California, with 36 miles of biogas pipeline and a central biogas-to-RNG production facility already in operation delivering RNG into the PG&E utility gas pipeline.

“Our expanding strategic relationship with the experienced team at Centuri ranges from this agreement for biogas equipment to plans for construction management and pipe assembly to build upcoming energy efficiency, carbon sequestration and other projects,” stated Eric McAfee, Chairman and CEO of Aemetis. “We expect that Centuri will play a key role in building Aemetis projects on time and on budget, given their expertise in constructing industrial facilities, large scale gas pipeline projects. and utility electrical systems.”

“Centuri’s vast utility distribution expertise includes a growing number of renewable natural gas projects in multiple geographies, making the work with Aemetis a natural fit,” stated Dylan Hradek, President of US Gas at Centuri. “We expect to add significant value to upcoming projects at the Riverbank site and to support their ongoing work and plans to deliver innovative, renewable energy solutions across their portfolio.”

Aemetis renewable energy and energy efficiency projects include the expansion of dairy renewable natural gas production to generate more than 1 million MMBtu of renewable natural gas from 50 dairies that have signed agreements; the Keyes ethanol plant mechanical vapor recompression system that is expected to generate $32 million of increased annual cash flow starting in 2026; the Riverbank carbon sequestration project to inject 1.4 million tons of CO2 per year underground; the 78 million gallon per year sustainable aviation fuel and renewable diesel plant which has already received the Authority To Construct air permits and the other key approvals; and negotiations underway for other large scale industrial and electrical projects at the Riverbank site.

About Aemetis

Headquartered in Cupertino, California, Aemetis is a renewable natural gas and renewable fuel company focused on the operation, acquisition, development and commercialization of innovative technologies that replace petroleum products and reduce greenhouse gas emissions. Founded in 2006, Aemetis is operating and actively expanding a California biogas digester network and pipeline system to convert dairy waste gas into Renewable Natural Gas. Aemetis owns and operates a 65 million gallon per year ethanol production facility in California’s Central Valley near Modesto that supplies about 80 dairies with animal feed. Aemetis owns and operates an 80 million gallon per year production facility on the East Coast of India producing high quality distilled biodiesel and refined glycerin. Aemetis is developing a sustainable aviation fuel and renewable diesel fuel biorefinery in California, renewable hydrogen, and hydroelectric power to produce low carbon intensity renewable jet and diesel fuel. For additional information about Aemetis, please visit www.aemetis.com.

About Centuri

Centuri Holdings, Inc. is a strategic utility infrastructure services company that partners with regulated utilities to build and maintain the energy network that powers millions of homes and businesses across the United States and Canada.

Safe Harbor Statement

This news release contains forward-looking statements, including statements regarding assumptions, projections, expectations, targets, intentions or beliefs about future events or other statements that are not historical facts. Forward-looking statements include, without limitation, projections of financial results in 2025 and future years; statements relating to the development, engineering, financing, construction and operation of the Aemetis ethanol, biogas, SAF and renewable diesel, and carbon sequestration facilities; our ability to promote, develop, finance, and construct facilities to produce biogas, renewable fuels, and biochemicals; and statements about future market prices and results of government actions. Words or phrases such as “anticipates,” “may,” “will,” “should,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “showing signs,” “targets,” “view,” “will likely result,” “will continue” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on current assumptions and predictions and are subject to numerous risks and uncertainties. Actual results or events could differ materially from those set forth or implied by such forward-looking statements and related assumptions due to certain factors, including, without limitation, competition in the ethanol, biodiesel and other industries in which we operate, commodity market risks including those that may result from current weather conditions, financial market risks, customer adoption, counter-party risks, risks associated with changes to federal policy or regulation, and other risks detailed in our reports filed with the Securities and Exchange Commission, including our Annual Reports on Form 10-K, and in our other filings with the SEC. We are not obligated, and do not intend, to update any of these forward-looking statements at any time unless an update is required by applicable securities laws.

Company Investor Relations
Media Contact:
Todd Waltz
(408) 213-0940
investors@aemetis.com

External Investor Relations
Contact:
Kirin Smith
PCG Advisory Group
(646) 863-6519
ksmith@pcgadvisory.com

The MIL Network –

May 14, 2025
MIL-OSI: CareCloud Named “Top Healthcare IT Pick for 2025” by Maxim Group; AI Initiative Recognized as Key Growth Driver

Source: GlobeNewswire (MIL-OSI)

SOMERSET, N.J., May 13, 2025 (GLOBE NEWSWIRE) — CareCloud, Inc. (Nasdaq: CCLD, CCLDO) (“CareCloud” or the “Company”), a leader in healthcare technology and generative AI solutions, today announced that Maxim Group, LLC (“Maxim Group”), a leading investment bank, securities and wealth management firm, has selected CareCloud as its “Top Healthcare IT Pick for 2025,” citing the transformative potential of its artificial intelligence strategy, together with its strong financial results and renewed M&A activity.

“Given its positive outlook and attractive valuation, CareCloud is positioned to be our top healthcare IT pick in 2025,” said Allen Klee, CFA, Managing Director and Senior Equity Research Analyst at Maxim Group, in a research report released May 7, 2025. In the same report, Klee noted that CareCloud trades at a 2026 EV/EBITDA multiple of 5.0x, which indicates a significant discount compared to the identified peer group average of 12.5x—an opportunity he believes enhances the Company’s investment appeal.

“We are honored to be named Maxim’s ‘Top Healthcare IT Pick for 2025,’” said Stephen Snyder, Co-CEO of CareCloud. “This endorsement underscores the power of our disciplined strategy and our commitment to transforming healthcare operations through scalable, purpose-built AI.”

Maxim’s report highlights several factors contributing to CareCloud’s momentum, including the launch of its AI Center of Excellence, strong positive free cash flow, resumption of preferred dividends, and a return to M&A-driven growth. The firm also emphasized CareCloud’s AI suite—featuring tools like cirrusAI Notes, cirrusAI Appeals, and cirrusAI Voice—as a core differentiator.

The recognition follows CareCloud’s strong Q1 2025 performance, including 52% year-over-year adjusted EBITDA growth and the successful launch of its AI Center of Excellence. This strategic initiative, which was officially announced in April with an inaugural team of more than 50 AI engineers, data scientists, and healthcare domain experts, is expected to scale to 500 AI professionals by year-end, positioning CareCloud as a healthcare industry leader in applied artificial intelligence.

“AI is now deeply integrated into our operations—from documentation and revenue cycle management to patient engagement and analytics,” said Hadi Chaudhry, Co-CEO of CareCloud. “This is not an add-on, it is a foundational capability that is changing how healthcare is delivered and experienced.”

As CareCloud continues to execute on its growth strategy, the Company remains committed to delivering enterprise-grade, cost-effective technology that helps healthcare organizations achieve better outcomes, higher efficiency, and sustained financial performance.

About CareCloud

CareCloud brings disciplined innovation to the business of healthcare. Our suite of AI and technology-enabled solutions helps clients increase financial and operational performance, streamline clinical workflows and improve the patient experience. More than 40,000 providers count on CareCloud to help them improve patient care, while reducing administrative burdens and operating costs. To learn more about our products and services, including revenue cycle management (RCM), practice management (PM), electronic health records (EHR), business intelligence, patient experience management (PXM) and digital health, at carecloud.com. To listen to video presentations by CareCloud’s management team, read recent press releases and view the latest investor presentation, please visit ir.carecloud.com.

Follow CareCloud on LinkedIn, X and Facebook.

About Maxim Group

Maxim Group is a leading full-service investment bank, securities, and wealth management firm headquartered in Midtown Manhattan. Founded in 2002, Maxim Group offers a comprehensive suite of financial services, including investment banking, equity research, wealth management, and brokerage services. The firm is a registered broker-dealer with the SEC, FINRA, and SIPC, and is known for its deep expertise across multiple sectors, including healthcare, technology, and energy. Maxim Group employs over 200 professionals and maintains a strong presence in the financial services industry. For more information, visit https://www.maximgrp.com/about.

Disclaimer

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

Maxim Group’s designation of CareCloud as a Top Healthcare IT pick reflects the independent opinion of its equity research analyst as of the date of the published report. CareCloud does not provide compensation for Maxim Group’s analyst coverage, and no endorsement is implied. Maxim Group’s opinions, analyses, conclusions, and the facts upon which it relied in developing the same, are its own independent work product and CareCloud neither endorses nor adopts the same.

Forward-Looking Statements

This press release contains various forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to anticipated future events, future results of operations or future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “might,” “will,” “shall,” “should,” “could”, “intends,” “expects,” “plans,” “goals,” “projects,” “anticipates,” “believes,” “seeks,” “estimates,” “forecasts,” “predicts,” “possible,” “potential,” “target,” or “continue” or the negative of these terms or other comparable terminology.

Our operations involve risks and uncertainties, many of which are outside our control, and any one of which, or a combination of which, could materially affect our results of operations and whether the forward-looking statements ultimately prove to be correct. Forward-looking statements in this press release include, without limitation, statements reflecting management’s expectations for future financial performance and operating expenditures, expected growth, profitability and business outlook, the impact of pandemics on our financial performance and business activities, and the expected results from the integration of our acquisitions.

These forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are only predictions, are uncertain and involve substantial known and unknown risks, uncertainties and other factors which may cause our (or our industry’s) actual results, levels of activity or performance to be materially different from any future results, levels of activity or performance expressed or implied by these forward-looking statements. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all of the risks and uncertainties that could have an impact on the forward-looking statements, including without limitation, risks and uncertainties relating to the Company’s ability to manage growth, migrate newly acquired customers and retain new and existing customers, maintain cost-effective global operations, increase operational efficiency and reduce operating costs, predict and properly adjust to changes in reimbursement and other industry regulations and trends, retain the services of key personnel, develop new technologies, upgrade and adapt legacy and acquired technologies to work with evolving industry standards, compete with other companies’ products and services competitive with ours, and other important risks and uncertainties referenced and discussed under the heading titled “Risk Factors” in the Company’s filings with the Securities and Exchange Commission.

The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligations to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

SOURCE: CareCloud

Company Contact:
Norman Roth
Interim Chief Financial Officer and Corporate Controller
CareCloud, Inc.
nroth@carecloud.com

Investor Contact:
Stephen Snyder
Co-Chief Executive Officer
CareCloud, Inc.
ir@carecloud.com

The MIL Network –

May 14, 2025
MIL-OSI: Abacus Global Management Announces Virtual Livestream Details for the Abacus Investor Day and Longevity Summit on Thursday, June 12th, 2025

Source: GlobeNewswire (MIL-OSI)

ORLANDO, Fla., May 13, 2025 (GLOBE NEWSWIRE) — Abacus Global Management, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leader in the alternative asset management space, today announced details for the virtual livestream of the Abacus Investor Day and Longevity Summit to be held on Thursday, June 12, 2025, beginning at 9:30AM ET.

The Abacus Investor Day and Longevity Summit is a one-day, specialized event focused on applying lifespan to financial products. Abacus will inform its shareholders about the Company’s business model, current ABL products, and the outlook for Abacus and its affiliates. Additionally, Abacus has gathered top professionals in the field of longevity and lifespan to share their perspectives on human lifespan and its impact on the future of financial planning.

Virtual livestream guests can register here. The event livestream will begin at 9:30AM ET and end at 12:45PM ET.

For any event or media-related inquiries, please contact Blake Gallimore at blake@abacusgm.com.

About Abacus Global Management
Abacus Global Management (NASDAQ: ABL) is a leading financial services company specializing in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services. With a focus on longevity-based assets and personalized financial planning, Abacus leverages proprietary data analytics and decades of industry expertise to deliver innovative solutions that optimize financial outcomes for individuals and institutions worldwide. For more information, please visit www.abacusgm.com.

Contact:
Abacus Investor Day & Longevity Summit Communications
Blake Gallimore – Director of Corporate Marketing & Communications
blake@abacusgm.com
(321) 344-2118

Investor Relations
Robert F. Phillips – SVP Investor Relations and Corporate Affairs
rob@abacusgm.com
(321) 290-1198
David Jackson – Director of IR/Capital Markets
david@abacusgm.com
(321) 299-0716

Abacus Global Management Public Relations
press@abacusgm.com

The MIL Network –

May 14, 2025
MIL-OSI: red violet to Present at the 25th Annual B. Riley Securities Investor Conference

Source: GlobeNewswire (MIL-OSI)

BOCA RATON, Fla., May 13, 2025 (GLOBE NEWSWIRE) — Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, today announced that it will present at the 25^th Annual B. Riley Securities Investor Conference being held May 21-22, 2025 at The Ritz-Carlton, Marina del Ray. Derek Dubner, Chief Executive Officer, and Daniel MacLachlan, Chief Financial Officer, will present and host investor meetings on May 21, 2025.

About red violet®
At red violet, we build proprietary technologies and apply analytical capabilities to deliver identity intelligence. Our technology powers critical solutions, which empower organizations to operate with confidence. Our solutions enable the real-time identification and location of people, businesses, assets and their interrelationships. These solutions are used for purposes including identity verification, risk mitigation, due diligence, fraud detection and prevention, regulatory compliance, and customer acquisition. Our intelligent platform, CORE™, is purpose-built for the enterprise, yet flexible enough for organizations of all sizes, bringing clarity to massive datasets by transforming data into intelligence. Our solutions are used today to enable frictionless commerce, to ensure safety, and to reduce fraud and the concomitant expense borne by society. For more information, please visit www.redviolet.com.

Company Contact:
Camilo Ramirez
Red Violet, Inc.
561-757-4500
ir@redviolet.com

Investor Relations Contacts:
Steven Hooser
Three Part Advisors
214-872-2710
ir@redviolet.com

The MIL Network –

May 14, 2025
MIL-OSI: Bitget Launches Starlink Program to Bridge the Digital Divide in Philippine Island Communities

Source: GlobeNewswire (MIL-OSI)

SIARGAO, Philippines, May 13, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has launched its Starlink Program, bringing high-speed satellite internet to remote islands in the Philippines in a bold move to tackle digital inequality. The initiative, which kicked off in Siargao’s Espoir School of Life and Barangay Pitogo, addresses chronic connectivity gaps that have long hindered education, healthcare, and economic opportunities. By deploying Starlink’s cutting-edge technology, Bitget aims to empower these communities with reliable internet access, laying the groundwork for future blockchain education and financial inclusion.

For years, Siargao’s residents have relied on fragile microwave radio connections, leaving them vulnerable to frequent outages, slow speeds, and exclusion from the digital economy. Schools like Espoir, which serves underprivileged children, struggle with offline-only learning, while villages like Barangay Pitogo face isolation due to unreliable communication networks.

“Without stable internet, entire communities are locked out of modern education, remote work, and even basic services like telemedicine. This isn’t just about connectivity, it’s about equity. Internet access shouldn’t be a privilege, it’s the foundation for everything from education to decentralized finance. We’re building doors to the digital world one island at a time,” said Vugar Usi Zade, COO at Bitget.

The program’s first phase includes a Starlink hardware installation at Espoir School and Barangay Pitogo’s public school. This will provide six months of high-speed satellite internet, enabling access to online curricula, teacher training, and e-governance tools. With this, Bitget plans to provide long-term support through $10M Blockchain 4 Youth and $10M Blockchain 4 Her initiatives, which will introduce blockchain literacy and digital finance skills to students and women-led cooperatives. The total investment of 155,400 Philippine pesos, which covers hardware, subscriptions, and logistics. A modest cost for transformative impact.

Bitget’s initiative shows a growing recognition in the crypto industry: Adoption starts with access. By addressing infrastructure barriers first, the exchange is creating a replicable model for other underserved regions. Future phases could expand to neighboring islands, leveraging partnerships with local NGOs and government units.

The Starlink kits will go live in May, with Bitget documenting the rollout through impact reports and community stories. For Espoir’s students, the change will be immediate: interactive lessons, global collaborations, and soon blockchain workshops. For Barangay Pitogo, it’s a leap toward resilient communication during typhoon seasons.

As Bitget scales this program, the message is clear: crypto’s future isn’t just about markets, it’s about people. And sometimes, changing lives starts with something as simple as an internet signal.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a78ae617-7c0a-42a6-8d66-fc3393c512ca

The MIL Network –

May 14, 2025
MIL-OSI: FTC Solar to Participate in Upcoming Investor Conferences

Source: GlobeNewswire (MIL-OSI)

AUSTIN, Texas, May 13, 2025 (GLOBE NEWSWIRE) — FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software and engineering services, today announced that members of its management team, including CEO Yann Brandt, are scheduled to participate in meetings with investors at the following upcoming conferences:

CLEANPOWER 2025 – May 20, 2025, Phoenix. The company will participate in group investor meetings with analysts from UBS, Guggenheim, and Roth Securities.

Bank of America Power, Utilities and Alternative Energy Conference – May 28, 2025, New York. The company will host in-person investor meetings. Interested investors should contact their BofA sales representative.

Roth Securities London Conference – June 25, 2025, London. The company will host in-person investor meetings. Interested investors should contact their Roth sales representative.

About FTC Solar Inc.
Founded in 2017 by a group of renewable energy industry veterans, FTC Solar is a global provider of solar tracker systems, technology, software, and engineering services. Solar trackers significantly increase energy production at solar power installations by dynamically optimizing solar panel orientation to the sun. FTC Solar’s innovative tracker designs provide compelling performance and reliability, with an industry-leading installation cost-per-watt advantage.

FTC Solar Investor Contact:
Bill Michalek
Vice President, Investor Relations
FTC Solar
T: (737) 241-8618
E: IR@FTCSolar.com

The MIL Network –

May 14, 2025
MIL-OSI Russia: Chinese company Mixue Bingcheng plans to increase imports from Brazil

Translation. Region: Russian Federal

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

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

ZHENGZHOU, May 13 (Xinhua) — Chinese beverage company Mixue Bingcheng plans to open its first single-origin coffee shop in Brazil this year and increase imports of agricultural products from the country, the company said Monday.

According to a memorandum of understanding signed between the company and the Brazilian Trade and Investment Promotion Agency, the company will expand imports of coffee beans, fruit products and other agricultural products from Brazil.

Mixue Bingcheng plans to purchase agricultural products from Brazil worth at least 4 billion yuan (about $550 million) over the next three to five years, said Tian Zezhong, head of the Chinese company’s Brazilian branch.

In addition, Mixue Bingcheng plans to open a plant in Brazil, which will provide 25,000 jobs for local residents.

Mixue Bingcheng was founded in 1997 and has 46,479 stores worldwide as of the end of 2024. The company’s entry into the Brazilian market is driven by growing demand for high-quality coffee beans and is an example of the growing and diversifying trade partnership between China and Brazil.

China has been Brazil’s largest trading partner for many years. At the same time, Brazil is China’s number one trading partner in Latin America. Bilateral trade exceeded $180 billion in 2024.

“Mixue Bingcheng reflects the growing trend of Chinese beverage companies going global. Through supply and distribution around the world, these brands offer consumers affordable premium beverages,” said Chen Zhenjie, deputy head of the China Food Industry Association. -0-

MIL OSI Russia News –

May 14, 2025
MIL-OSI: Purple Pepe listed on major crypto exchanges, enters US real estate market

Source: GlobeNewswire (MIL-OSI)

WEST PALM BEACH, Fla., May 13, 2025 (GLOBE NEWSWIRE) — The viral crypto project Purple Pepe (PURPE) continues its rise with multiple new exchange listings and a historic leap into real-world utility. Less than a year since its launch, the community-driven memecoin is now making headlines not just online, but in commercial real estate.

Now trading on Poloniex, LBank, BitMart, Coinstash, Biconomy, Slingshot app, Gate.io, Coinbase Wallet, Robinhood Wallet, PURPE is gaining momentum across major crypto exchanges. With a holder base of over 48,000 and a previous all-time high market cap of $140 million, the token draws interest from Tier-1 platforms and mainstream investors alike.

Real-world utility

Missouri-based real estate developer Daniel Westermier has officially listed a commercial property in Sedalia, MO (ZIP 65301) for sale, accepting PURPE as a form of payment. This marks one of the first known US property listings accepting a memecoin.

“Accepting PURPE for real estate isn’t a gimmick—it’s the beginning of a new economic layer where community coins have real-world value,” said Daniel Westermier, the first US property developer to list a commercial building for memecoin payment.

The property listing is available here.

Interested parties may contact: dwestermier@gmail.com

This real-world development comes as PURPE prepares for a major appearance at the Bitcoin Conference in Las Vegas (May 27–29), where the project plans a full-scale community-driven campaign. The effort is backed by one of the largest and most vocal communities in finance—the WallStreetBets Facebook group, boasting over 560,000 members.

What started as a meme became a mission. PURPE isn’t just riding the hype cycle—we’re building something with staying power,” said Christopher Berrios, founder of the WallStreetBets Facebook group and a driving force behind PURPE’s explosive growth.

About Purple Pepe (PURPE)

Purple Pepe (PURPE) is a community-powered memecoin launched in 2024 that quickly transformed from a viral joke into a serious crypto project. Known for its engaged following and real-world use cases, PURPE is proving that memes can be more than internet culture—they can be financial vehicles with a tangible impact.

Website: www.purpe.xyz
Telegram: https://t.me/Purpe_SOL
X (formerly Twitter): https://x.com/PurplePepeS0L
WallStreetBets Group: https://www.facebook.com/share/g/16QrnBvMue/

Media Contact
Christopher Berrios
CTO
Christopher@purpe.xyz

Disclaimer: This is a paid post and is provided by Purple Pepe. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.

Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

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

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f2ec616f-b7fc-492a-92ba-7bbb19637bd3

The MIL Network –

May 13, 2025
MIL-OSI: FAVO Capital Announces Conversion of Super Voting Series C Shares to Common Stock

Source: GlobeNewswire (MIL-OSI)

FORT LAUDERDALE, Fla., May 13, 2025 (GLOBE NEWSWIRE) — via IBN — FAVO Capital, Inc. (OTC: FAVO), a publicly traded private credit firm specializing in merchant cash advances (MCAs) and revenue-based financing for underserved small and medium-sized businesses (SMBs), today announced the voluntary conversion of all outstanding Super Voting Series C Preferred Shares into common stock.

The corporate governance action simplifies the Company’s capital structure and aligns voting rights more closely with public market expectations. The move is a proactive step as the Company continues preparations for its planned uplisting to the Nasdaq Capital Market.

“Converting our Series C Super Voting Shares demonstrates our commitment to transparency, governance and best practices as well as long-term value creation,” said Vincent Napolitano, CEO of FAVO Capital. “It’s another important step forward as we align our structure with shareholder and institutional investor expectations.”

The conversion eliminates all outstanding Series C Preferred stock with its super voting rights, improving accessibility and aligning with broader market standards for public company governance.

About FAVO Capital, Inc.

FAVO Capital, Inc. (OTC: FAVO) is a private credit firm specializing in alternative financing solutions for small and medium-sized businesses (SMBs) across the United States. Since its inception, FAVO Capital has supported more than 10,000 businesses. FAVO Capital is committed to financial transparency, sustainable growth, and empowering SMBs with flexible funding solutions. Headquartered in Fort Lauderdale, FL, the company also has operations in New York and the Dominican Republic.

For more information, visit www.favocapital.com and follow us on LinkedIn and X.

Investor Alerts

Interested investors and shareholders are encouraged to sign up for press releases and industry updates by registering for Email Alerts at FAVO News Alerts.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, projections, estimates, and expectations regarding future trends, financial performance, and operational strategies. Forward-looking statements are often identified by words such as “expects,” “anticipates,” “intends,” “believes,” “plans,” “seeks,” “estimates,” “may,” “will,” “should,” or similar expressions.

These statements are based on the company’s current beliefs, expectations, and assumptions and are subject to significant risks, uncertainties, and changes in circumstances that could cause actual results to differ materially from those expressed or implied. Factors that may cause such differences include, but are not limited to, market conditions, regulatory developments, competition, economic conditions, and the company’s ability to execute its business strategy.

Actual results may differ materially from those anticipated, and investors are cautioned not to place undue reliance on these forward-looking statements. The company undertakes no obligation to update or revise any forward-looking statements to reflect events, circumstances, or changes in expectations after the date of this press release, except as required by law.

Company Contact:

FAVO Capital, Inc.
4300 N University Drive
D-105
Lauderhill, FL 33351

Investor Relations:
Scott McGowan
InvestorBrandNetwork (IBN)
Phone: 310.299.1717
ir@favocapital.com

The MIL Network –

May 13, 2025
MIL-OSI: Caliber Hospitality Development Launches to Pursue Opportunistic and Distressed Hotel Investments
Source: GlobeNewswire (MIL-OSI)

SCOTTSDALE, Ariz., May 13, 2025 (GLOBE NEWSWIRE) — Caliber (NASDAQ: CWD), a real estate investor, developer, and manager, today announced the launch of Caliber Hospitality Development, LLC (“CHD”), a joint venture between Caliber and GIA Hospitality, LLC (“GIA”). CHD will serve as the exclusive development platform for Caliber’s opportunistic hospitality investments, with a focus on acquiring distressed hotel assets and developing extended stay hotels in high-demand markets.

The joint venture was seeded with an initial $2 million investment from GIA and is supported by Caliber’s integrated real estate services, including development, construction, finance, and asset management. CHD will operate independently under the Caliber Hospitality brand.

“We created CHD to capitalize on what we believe is one of the most attractive opportunities in the current real estate cycle—acquiring hospitality assets at a discount and building selectively in segments with strong demand fundamentals,” said Chris Loeffler, CEO of Caliber. “This structure allows us to move quickly, access high-upside opportunities, and provide compelling outcomes for our investors.”

CHD’s investment strategy is centered around two core initiatives:
1. Distressed hotel acquisitions – Identifying and acquiring underperforming or mismanaged hotel properties at significant discounts to replacement cost, with the goal of repositioning them for improved performance and long-term value creation.
2. Ground-up extended stay development – Building in markets with favorable supply-demand dynamics, beginning with the recently announced, two Hyatt Studios developments in Scottsdale Arizona, and Georgetown, Texas.
The venture is led by Izhak Ben Shabat, a seasoned entrepreneur with a global track record in building and scaling successful businesses across consumer and real estate sectors. Under his leadership, CHD is positioned to act decisively in today’s evolving hospitality landscape.

“This partnership is built on speed, strategy, and long-term alignment,” said Izhak Ben Shabat, Managing Partner of GIA & CHD. “Our team is excited to work with Caliber to identify and execute high-quality hospitality investments across the country. We already have four pipeline projects and many more to come.”

In addition to pursuing new projects, CHD will evaluate strategic investments that provide a potential competitive advantage, including innovations that reduce construction costs and improve execution efficiency.

CHD is actively seeking relationships with hotel owners, brokers, developers, banks, financial institutions, and receivers who have distressed hospitality assets or high-quality extended stay development sites. The company is also inviting institutional and accredited investors to inquire with Caliber to participate in investment opportunities alongside CHD.

For more information, visit www.CaliberHospitality.com.

About Caliber (CaliberCos Inc.)

With over $2.9 billion in Managed Assets, Caliber’s 16-year track record of managing and developing real estate is built on a singular goal: to make money in all market conditions, specializing in hospitality, multi-family residential, and multi-tenant industrial. Our growth is fueled by performance and a key competitive advantage: we invest in projects, strategies, and geographies that global real estate institutions often overlook. Integral to this advantage is our in-house shared services group, which gives Caliber greater control over our real estate and enhanced visibility into future investment opportunities. There are multiple ways to participate in Caliber’s success: invest in Nasdaq-listed CaliberCos Inc. and/or invest directly in our Private Funds.

About Caliber Hospitality

Caliber Hospitality is the hospitality investment division of Caliber (NASDAQ: CWD), encompassing both Caliber Hospitality Trust, Inc. (CHT) and Caliber Hospitality Development, LLC (CHD). CHT focuses on acquiring and managing stabilized hotel assets through a unique UPREIT structure, while CHD, formed in partnership with GIA Hospitality, is the exclusive platform for opportunistic hotel development and turnaround investments. Together, these entities enable Caliber to pursue a full range of hospitality strategies across the investment cycle.

About GIA (Gia Hospitality, LLC)

GIA Hospitality Group is a dynamic hospitality company based in Arizona, renowned for its dedication to an elevated lifestyle and health and wellness projects. Each of their initiatives is defined by a unique blend of passion, authenticity, and personalized service. With deep expertise in real estate development and asset management, the group consistently delivers projects that balance luxury, well-being, and long-term value. In addition, GIA Hospitality’s partners bring deep expertise in the global distribution of lifestyle and wellness products, with a combined revenue of over $2.5 billion in the past decade—further positioning GIA Hospitality at the forefront of innovation and modern well-being.

Forward-Looking Statements
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. 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. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the final prospectus related to the Company’s public offering filed with the SEC and other reports filed with the SEC thereafter. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.

CONTACTS:
Caliber & CHD Investor Relations:
Ilya Grozovsky
+1 480-214-1915
Ilya@CaliberCo.com

The MIL Network –
May 13, 2025
MIL-OSI: Abaxx to Launch Singapore Gold Kilobar Futures and Physically-Allocated Gold Pool on June 12, 2025

Source: GlobeNewswire (MIL-OSI)

TORONTO, May 13, 2025 (GLOBE NEWSWIRE) — Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, indirect majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, today announced that it will be expanding its product suite to include precious metals with the launch of Gold kilobar futures on June 12, 2025.

Abaxx Singapore Gold Futures are purpose-built for the needs of Asia’s physical bullion trade, reflecting the region’s preferred kilobar format and supporting more accurate pricing by aligning futures settlement with physical market practices. The contract is designed to provide a globally accessible, regionally anchored benchmark that supports effective price discovery, reliable hedging, and physical delivery in one of the world’s leading gold trading hubs. Abaxx’s Gold Singapore Futures contract is a US dollar-denominated, kilobar-sized, physically-deliverable product, with delivery into approved vaults in Singapore.

“Gold is one of the few assets trusted across all borders, yet its market infrastructure hasn’t kept pace with how and where it’s traded,” said Abaxx Founder, Josh Crumb. “By aligning physically-deliverable futures with the kilobar format and delivery location preferred by Asia’s bullion market, we’re eliminating structural mismatches that have long distorted pricing and impeded risk management. This contract reflects the way gold actually moves through the global system, and delivers the tools needed to hedge and settle accordingly.”

Introducing Abaxx Spot

Abaxx is also preparing to launch Abaxx Spot¹, a new physically-allocated (through the undivided interest structure) gold trading platform in Singapore. The platform is designed to align spot and futures gold markets in the same location, facilitate secure physical trading and efficient OTC transfer of kilobars, and aims to enhance market access and transparency through direct participation in a pre-funded central limit order book (CLOB).

Initial services for Abaxx Spot will begin on June 12, 2025. Abaxx Spot is designed to allow participants to complete delivery obligations for Abaxx Exchange’s gold futures contracts, with the goal of establishing a more integrated and smarter infrastructure for gold markets.

¹_{Abaxx Spot Pte. Ltd. is a registered dealer under the Precious Stones and Precious Metals (Prevention of Money Laundering and Terrorism Financing) Act 2019 (PSPM Act), and is exempted from holding a spot commodities brokers license under the Commodity Trading Act 1992. Abaxx Spot Pte. Ltd. is not regulated by the Monetary Authority of Singapore as a financial institution, but operates in compliance with the regulatory framework established by the PSPM Act.}

About Abaxx Technologies
Abaxx Technologies is building Smarter Markets: markets empowered by better tools, better benchmarks, and better technology to drive market-based solutions to the biggest challenges we face as a society, including the energy transition.

In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is the indirect majority shareholder of Abaxx Singapore Pte. Ltd., the owner of Abaxx Exchange and Abaxx Clearing, and the parent company of wholly owned subsidiary Abaxx Spot Pte. Ltd., the operator of Abaxx Spot.

Abaxx Exchange delivers the market infrastructure critical to the shift toward an electrified, low-carbon economy through centrally-cleared, physically-deliverable futures contracts in LNG, carbon, battery materials, and precious metals, meeting the commercial needs of today’s commodity markets and establishing the next generation of global benchmarks.

For more information, visit abaxx.tech | abaxx.exchange | abaxxspot.com | basecarbon.com | smartermarkets.media

For more information about this press release, please contact:

Steve Fray, CFO
Tel: +1 647-490-1590

Media and investor inquiries:

Abaxx Technologies Inc.
Investor Relations Team
Tel: +1 246 271 0082
E-mail: ir@abaxx.tech

Cautionary Statement Regarding Forward-Looking Information

This press release includes certain “forward-looking statements” which do not consist of historical facts. Forward-looking statements include estimates and statements that describe Abaxx’s future plans, objectives, or goals, including words to the effect that Abaxx expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “seeking”, “should”, “intend”, “predict”, “potential”, “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, “continue”, “plan” or the negative of these terms and similar expressions. Since forward-looking statements are based on current expectations and assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to Abaxx, Abaxx does not provide any assurance that actual results will meet respective management expectations. Risks, uncertainties, assumptions, and other factors involved with forward-looking information could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information.

Forward-looking information related to Abaxx in this press release includes, but is not limited to: Abaxx’s objectives, goals or future plans; completion and timing of the launch of its gold contracts; benefits of the introduction of its gold contracts; introduction of new precious metals products; and positive impacts from the growth of global precious metal demand. Such factors impacting forward-looking information include, among others: risks relating to the global economic climate; dilution; Abaxx’s limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for Abaxx to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on Abaxx and the industry; acquiring and maintaining regulatory approvals for Abaxx’s products and operations; the ability to list Abaxx’s securities on stock exchanges in a timely fashion or at all; network security risks; the ability of Abaxx to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. In addition, particular factors which could impact future results of the business of Abaxx include but are not limited to: operations in foreign jurisdictions; protection of intellectual property rights; contractual risk; third-party risk; clearinghouse risk; malicious actor risks; third- party software license risk; system failure risk; risk of technological change; dependence of technical infrastructure; and changes in the price of commodities, capital market conditions, restriction on labor and international travel and supply chains, and the risk factors identified in the Company’s most recent management discussion and analysis filed on SEDAR+. Abaxx has also assumed that no significant events occur outside of Abaxx’s normal course of business.

Abaxx cautions that the foregoing list of material factors is not exhaustive. In addition, although Abaxx has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, or intended. When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Abaxx has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements and information contained in this press release represents the expectations of Abaxx as of the date of this press release and, accordingly, is subject to change after such date. Abaxx undertakes no obligation to update or revise any forward-looking statements and information, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements and information. Cboe Canada does not accept responsibility for the adequacy or accuracy of this press release.

The MIL Network –

May 13, 2025

Ticker	Name	Expense Ratio	Sub- Adviser	Listed Date	Exchange
BFRZ	Innovator Equity Managed 100 Buffer ETF™	0.89%	Parametric	May 13, 2025	NYSE Arca

Category: Finance

Pension schemes back British growth

More information

Stakeholder commentary:

Share this page

Updates to this page