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Category: Finance

  • MIL-OSI: Trust Stamp announces timing for filing its 2024 10K and gives historic and forward-looking revenue guidance

    Source: GlobeNewswire (MIL-OSI)

    Atlanta, GA, March 27, 2025 (GLOBE NEWSWIRE) — Trust Stamp announces that:

    1. It plans to file its 10-K report for the 2024 Financial Year after the Nasdaq market closes on March 31st, 2025.
    1. Q4 2024 Revenue will be reported at $1.497m (up from $0.575m for Q4 of 2023) versus recent analysts’ forecasts of $0.51m.
    2. Current estimates of anticipated revenue from existing customers for the full year 2025 is believed to exceed $5.0m.

    Inquiries:
    Trust Stamp                                                   Email: Shareholders@truststamp.ai 

    About Trust Stamp

    Trust Stamp, is a global provider of AI-powered services for use in multiple sectors including banking and finance, regulatory compliance, government, healthcare, real estate, communications, and humanitarian services. Its technology empowers organizations via advanced solutions that reduce fraud, tokenize and secure data, securely authenticate users while protecting personal privacy, reduce friction in digital transactions, and increase operational efficiency, enabling customers to accelerate secure financial inclusion and reach and serve a broader base of users worldwide.

    Located in eight countries across North America, Europe, Asia, and Africa, Trust Stamp trades on the Nasdaq Capital Market (Nasdaq: IDAI).

    Safe Harbor Statement: Caution Concerning Forward-Looking Remarks 

    All statements in this release that are not based on historical fact are “forward-looking statements” including within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The information in this announcement may contain forward-looking statements and information related to, among other things, the company, its business plan and strategy, and its industry. These statements reflect management’s current views with respect to future events-based information currently available and are subject to risks and uncertainties that could cause the company’s actual results to differ materially from those contained in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The company does not undertake any obligation to revise or update

    The MIL Network –

  • MIL-OSI: BexBack Empowers Traders with 100x Leverage, Double Deposit Bonus, and No KYC — Join the New Era of Crypto Futures

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, March 27, 2025 (GLOBE NEWSWIRE) — As crypto markets heat up once again, traders around the world are looking for faster, smarter, and more powerful ways to profit. Enter BexBack, a next-generation cryptocurrency futures exchange offering up to 100x leverage, no KYC requirements, and generous bonuses for new users — making it one of the most accessible and rewarding platforms for both beginner and experienced traders.

    What Makes BexBack Stand Out?

    • 100x Leverage on 50+ Cryptos
      Trade Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, Cardano (ADA), and more with up to 100x leverage — amplify your trades with less capital.
    • No KYC Required
      Instant access without identity verification. BexBack removes the barriers — sign up and start trading in minutes, not days.
    • Double Deposit Bonus
      Get a 100% deposit bonus every time you fund your account with over 0.001 BTC or 100 USDT. It’s not just for your first deposit — it’s ongoing.
    • $50 Welcome Bonus
      Complete one trade (open and close a position) and you’ll receive $50 in USDT, directly credited to your trading account.
    • Demo Account for Beginners
      Practice without risk using a demo account preloaded with 10 BTC in virtual funds — perfect for building strategies before going live.
    • Zero Deposit Fees
      Enjoy zero fees on all deposits and real-time, fee-free BTC ↔ USDT conversions.
    • Global Access and 24/7 Support
      BexBack is available in over 200 countries with dedicated 24/7 multilingual support and fast manual withdrawal review, backed by cold wallet protection.

    Built for Security and Performance

    All user funds on BexBack are stored in secure multi-signature cold wallets. Even in the case of a cyberattack, your funds are protected. Withdrawals are processed with multiple layers of manual review to ensure security, typically completed within 30–60 minutes.

    Start Trading Now — No Delays, No Limits

    Whether you’re just starting your crypto journey or already trading with size, BexBack gives you the tools, leverage, and bonuses to grow faster. With no KYC, instant deposit rewards, and high-speed execution, the platform makes it easy to trade profitably from anywhere.

    Sign up and claim your 100% deposit bonus and $50 welcome reward today. Don’t miss out on the next bull run — trade smarter with BexBack.

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. 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. 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. Speculate only with funds that you can afford to lose. 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.

    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 do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/74a33ef3-9e93-4d7a-b89d-4208d9f02e5a

    https://www.globenewswire.com/NewsRoom/AttachmentNg/760ef62f-0fbf-421a-b30e-5907f517d1f1

    https://www.globenewswire.com/NewsRoom/AttachmentNg/92a8af54-e797-4724-b98e-c7e002e15972

    https://www.globenewswire.com/NewsRoom/AttachmentNg/0754b5b6-5f4e-4e03-9915-8bfc0ae0f031

    The MIL Network –

  • MIL-OSI Africa: Africa Energy Bank Gears Up for H1 2025 Launch

    Source: Africa Press Organisation – English (2) – Report:

    BRAZZAVILLE, Congo (Republic of the), March 27, 2025/APO Group/ —

    Ahead of its H1 2025 launch, the Africa Energy Bank – developed jointly by Afreximbank and the African Petroleum Producers Organization (APPO) – is positioning itself to tackle major challenges in financing, technology and market reliability to accelerate Africa’s oil and gas sector development.

    Speaking at the Congo Energy & Investment Forum in Brazzaville, Dr. Omar Farouk Ibrahim, Secretary General of APPO, reaffirmed the launch timeframe and underscored the urgency of establishing the bank to address the continent’s energy needs.

    “​We should not rest and wait for other countries to develop our own projects,” he said, adding, “​At APPO, we have noted three specific challenges for the African continent: finance, technology and reliable markets.”

    With an initial capital of $5 billion, the bank has allocated $1.5 billion for APPO member countries. It will primarily finance oil and gas projects, engage in trading and manage risks. Countries such as Ghana, Nigeria and Angola have already expressed support for the bank’s objectives. The Republic of Congo has acquired $83.33 million in shares, reinforcing its commitment to the bank’s mission.

    MIL OSI Africa –

  • MIL-OSI: WRAP Bolsters Leadership with Top 1MDB Investigators and FBI Veteran Rob Heuchling to Drive Technology Commercialization for Transnational Crime Solutions

    Source: GlobeNewswire (MIL-OSI)


    WRAP Expands Capabilities: Leveraging Investigative Expertise in Financial Crimes, Crypto and Cybersecurity to Commercialize Managed Services Offering

    MIAMI, March 27, 2025 (GLOBE NEWSWIRE) — Wrap Technologies, Inc, (NASDAQ: WRAP) (“Wrap” or, the “Company”), a global leader in innovative public safety technologies and non-lethal tools, today announced the appointment of Robert Heuchling as Managing Director of the Company, bringing over 15 years of experience from the Federal Bureau of Investigation (“FBI”) and providing advisory services to the Company’s executive team.

    Wrap plans to expand its managed service business lines, with Mr. Heuchling expected to play a key role in commercializing an offering that combines his investigative expertise with his deep familiarity with a wide range of investigative data sets, tools and technologies. Wrap also plans to develop unique technology solutions that integrate advanced investigative capabilities, empowering agencies to address complex financial crimes, cyber threats and transnational law enforcement challenges with greater efficiency and precision.

    While at the FBI, Mr. Heuchling supervised a squad based in New York City responsible for foreign corruption, international money laundering and antitrust investigations. In that role, Mr. Heuchling forged relationships with law enforcement agencies across the globe and developed strategies to collaborate with foreign counterparts to solve complex transnational crime cases.

    Mr. Heuchling will once again be working with his former FBI supervisor, Bill McMurry, Chief Executive Officer of Managed Services. Together, Mr. McMurry and Mr. Heuchling led the U.S. investigation into 1Malaysia Development Berhad, or 1MDB, a Malaysian sovereign wealth fund from which more than $4.5 billion was stolen through a complex fraud and corruption scheme involving individuals from multiple countries. The investigation resulted in the largest asset recovery in U.S. Department of Justice history and is considered a model for success in international investigations.

    Jared Novick, President of Wrap, stated: “The addition of Rob Heuchling, joining his former colleague Bill McMurry at Wrap, provides our global clients and the agencies we support with a unique opportunity to leverage their unparalleled expertise alongside our advanced technologies. We believe their deep investigative experience in financial crimes, cyber threats and transnational law enforcement, combined with Wrap’s cutting-edge solutions, will allow us to deliver unmatched support for the most pressing challenges facing law enforcement and security professionals worldwide. We are thrilled to have them on board as we expand our managed services and drive innovation in public safety.”

    Background

    Prior to joining the FBI, Mr. Heuchling served as an engineer and communications officer in the United States Navy. He is a graduate of the Medill School of Journalism at Northwestern University and has received numerous accolades from both the FBI and the military. His honors include:

    • the Assistant Attorney General’s Exceptional Service Award;
    • the Federal Law Enforcement Foundation’s “Investigator of the Year” Award;
    • the FBI Medal of Excellence; and
    • the Naval Commendation Medal.

    About Wrap Technologies, Inc.

    Wrap Technologies, Inc. (Nasdaq: WRAP) is a global leader in public safety solutions, bringing together cutting-edge technology with exceptional people to address the complex, modern day challenges facing public safety organizations.

    Wrap’s BolaWrap® solution is a safer way to gain compliance—without pain.

    This innovative, patented device deploys light, sound, and a Kevlar® tether to safely restrain individuals from a distance, giving officers critical time and space to manage non-compliant situations before resorting to higher-force options. The BolaWrap 150 does not shoot, strike, shock, or incapacitate—instead, it helps officers operate lower on the force continuum, reducing the risk of injury to both officers and subjects. Used by over 1,000 agencies across the U.S. and in 60 countries, BolaWrap® is backed by training certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST), reinforcing Wrap’s commitment to public safety through cutting-edge technology and expert training.

    Wrap Reality™ VR is a fully immersive training simulator to enhance decision-making under pressure.

    As a comprehensive public safety training platform, it provides first responders with realistic, interactive scenarios that reflect the evolving challenges of modern law enforcement. By offering a growing library of real-world situations, Wrap Reality™ equips officers with the skills and confidence to navigate high stakes encounters effectively, leading to safer outcomes for both responders and the communities they serve.

    Wrap Intrensic is an advanced body-worn camera and evidence management system built for efficiency.

    Designed for efficiency, security, and transparency to meet the rigorous demands of modern law enforcement, Intrensic seamlessly captures, stores, and manages digital evidence, ensuring integrity and full chain-of-custody compliance. With automated workflows, secure cloud storage, and intuitive case management tools, it streamlines operations, reduces administrative burden, and enhances courtroom credibility.

    Trademark Information Wrap, the Wrap logo, BolaWrap®, Wrap Reality™ and Wrap Training Academy are trademarks of Wrap Technologies, Inc., some of which are registered in the U.S. and abroad. All other trade names used herein are either trademarks or registered trademarks of the respective holders. Cautionary Note on Forward-Looking Statements – Safe Harbor Statement This release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Words such as “expect,” “anticipate,” “should”, “believe”, “target”, “project”, “goals”, “estimate”, “potential”, “predict”, “may”, “will”, “could”, “intend”, and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Moreover, forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control. The Company’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the expected benefits of the acquisition of W1 Global, LLC, the Company’s ability to maintain compliance with the Nasdaq Capital Market’s listing standards; the Company’s ability to successfully implement training programs for the use of its products; the Company’s ability to manufacture and produce products for its customers; the Company’s ability to develop sales for its products; the market acceptance of existing and future products; the availability of funding to continue to finance operations; the complexity, expense and time associated with sales to law enforcement and government entities; the lengthy evaluation and sales cycle for the Company’s product solutions; product defects; litigation risks from alleged product-related injuries; risks of government regulations; the business impact of health crises or outbreaks of disease, such as epidemics or pandemics; the impact resulting from geopolitical conflicts and any resulting sanctions; the ability to obtain export licenses for counties outside of the United States; the ability to obtain patents and defend intellectual property against competitors; the impact of competitive products and solutions; and the Company’s ability to maintain and enhance its brand, as well as other risk factors mentioned in the Company’s most recent annual report on Form 10-K, subsequent quarterly reports on Form 10-Q, and other Securities and Exchange Commission filings. These forward-looking statements are made as of the date of this release and were based on current expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management. Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations. Investor Relations Contact: (800) 583-2652 ir@wrap.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9f9f323f-41be-4b9e-8c86-0cc26de2ab82

    This press release was published by a CLEAR® Verified individual.

    The MIL Network –

  • MIL-OSI: Carlyle Secured Lending, Inc. Closes Merger with Carlyle Secured Lending III

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 27, 2025 (GLOBE NEWSWIRE) — Carlyle Secured Lending, Inc. (“CGBD”) (NASDAQ: CGBD) announced today the closing of its previously announced merger with Carlyle Secured Lending III (“CSL III”) with CGBD as the surviving company. Based on March 25, 2025 financial data, the combined company has more than $2.8 billion of assets.

    In connection with the closing of the merger, CSL III shareholders received 18,935,108 shares of CGBD common stock for each common share of CSL III based on the final exchange ratio and payment of cash in lieu of fractional shares.

    Prior to the closing of the merger, Carlyle Investment Management L.L.C. (“CIM”), a wholly owned subsidiary of Carlyle, exchanged its shares of CGBD convertible preferred stock for CGBD common stock at current NAV, eliminating the risk of dilution from the potential conversion of the shares at the December 31, 2024 conversion price of $8.87. CIM exchanged all shares of CGBD preferred stock into 3,004,808 shares of common stock and entered into a tiered lock-up agreement, further demonstrating Carlyle’s commitment to supporting the vehicle. In addition, Carlyle incurred $5.0 million in transaction costs on behalf of CGBD to mitigate the expense impact of the merger.

    Justin Plouffe, Chief Executive Officer of CGBD, said, “We are pleased to announce the closing of the merger transaction and thank our shareholders for their support of this strategic initiative. Building on CGBD’s momentum in 2024, we look forward to continuing to execute CGBD’s strategy with greater scale and seamless integration to deliver consistent income and returns for shareholders of the combined company.”

    Sullivan & Cromwell LLP served as legal counsel to CGBD and CSL III. Raymond James & Associates, Inc. served as financial advisor and Sidley Austin LLP served as legal counsel to the special committee of the independent directors of CGBD. Keefe, Bruyette & Woods, A Stifel Company, served as financial advisor and Sullivan & Worcester LLP served as legal counsel to the special committee of the independent trustees of CSL III.

    About Carlyle Secured Lending, Inc.    

    Carlyle Secured Lending, Inc. is a publicly traded (NASDAQ: CGBD) business development company (“BDC”) which began investing in 2013. The Company focuses on providing directly originated, financing solutions across the capital structure, with a focus on senior secured lending to middle-market companies primarily located in the United States. Carlyle Secured Lending is externally managed by Carlyle Global Credit Investment Management L.L.C., an SEC-registered investment adviser and wholly owned subsidiary of Carlyle. Further information is available at carlylesecuredlending.com.

    About Carlyle   

    Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Global Investment Solutions. With $441 billion of assets under management as of December 31, 2024, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. Carlyle employs more than 2,300 people in 29 offices across four continents. Further information is available at www.carlyle.com. Follow Carlyle on X @OneCarlyle and LinkedIn at The Carlyle Group.

    Forward-Looking Statements

    This press release may contain forward-looking statements that involve substantial risks and uncertainties. Some of the statements in this press release constitute forward-looking statements because they are not historical facts, but instead relate to future events, future performance or financial condition or the merger of CSL III with and into CGBD. The forward-looking statements may include statements as to: future operating results of CGBD and distribution projections; business prospects of CGBD; and the impact of the investments that CGBD expects to make. You can identify these statements by the use of forward-looking terminology such as “anticipates,” “believes,” “expects,” “intends,” “will,” “should,” “may,” “plans,” “continue,” “believes,” “seeks,” “estimates,” “would,” “could,” “targets,” “projects,” “outlook,” “potential,” “predicts” and variations of these words and similar expressions to identify forward-looking statements, although not all forward-looking statements include these words. The forward-looking statements contained in this press release involve risks and uncertainties. Certain factors could cause actual results and conditions to differ materially from those projected, including the uncertainties associated with (i) changes in the economy, financial markets and political environment; (ii) risks associated with possible disruption in the operations of CGBD or the economy generally due to terrorism, war or other geopolitical conflict; (iii) future changes in laws or regulations (including the interpretation of these laws and regulations by regulatory authorities); (iv) conditions in CGBD’s operating areas, particularly with respect to business development companies or regulated investment companies; and (v) other considerations that may be disclosed from time to time in CGBD’s publicly disseminated documents and filings. CGBD has based the forward-looking statements included in this press release on information available to it on the date hereof, and CGBD assumes no obligation to update any such forward-looking statements. You should read statements that contain these words carefully because they discuss our plans, strategies, prospects and expectations concerning our business, operating results, financial condition and other similar matters. We believe that it is important to communicate our future expectations to our investors. There may be events in the future, however, that we are not able to predict accurately or control. You should not place undue reliance on these forward-looking statements, which speak only as of the date on which we make it. Factors or events that could cause our actual results to differ, possibly materially from our expectations, include, but are not limited to, the risks, uncertainties and other factors we identify in the sections entitled “Risk Factors” and “Cautionary Statement Regarding Forward-Looking Statements” in filings we make with the Securities and Exchange Commission, and it is not possible for us to predict or identify all of them. Although CGBD undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, you are advised to consult any additional disclosures that CGBD may make directly to you or through reports that CGBD has filed or in the future may file with the Securities and Exchange Commission, including the annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K.

    Contacts:

    Investors: Media:
    Nishil Mehta Kristen Ashton
    +1-212-813-4900 +1-212-813-4763
    publicinvestor@carlylesecuredlending.com kristen.ashton@carlyle.com

    The MIL Network –

  • MIL-OSI: Maris-Tech Secures a $4 Million Line of Credit from a Leading Israeli Commercial Bank

    Source: GlobeNewswire (MIL-OSI)

    The line of credit will allow the Company flexibility in taking advantage of strategic opportunities

    Rehovot, Israel, March 27, 2025 (GLOBE NEWSWIRE) — Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a global leader in video and artificial intelligence (“AI”) based edge computing technology, today announced that it has secured a $4 million line of credit from a leading Israeli commercial bank for a period of 12 months from the date of the agreement. 

    The line of credit is on accepted commercial terms for similarly-sized companies and includes fixed and floating liens on the Company’s assets, customary economic and restrictive covenants by the Company, its U.S. subsidiary and agreement by two shareholders of the Company to certain subordination restrictions concerning loans they have provided to the Company.

    The line of credit will allow the Company the ability to take advantage of strategic opportunities and increase its commercial activity, without diluting the Company’s shareholders.

    The Company believes that the entry into the line of credit agreement indicates the trust of a leading Israeli commercial bank towards the Company.

    “We are proud that a leading Israeli commercial bank has chosen to support the Company’s growth. This line of credit will give us the flexibility to achieve our growth potential, without relying on market conditions or sales of our equity. We will continue to do everything to justify the trust given to us,” said Israel Bar, Chief Executive Officer of Maris-Tech. 

    About Maris-Tech Ltd.

    Maris-Tech is a global leader in video and AI-based edge computing technology, pioneering intelligent video transmission solutions that conquer complex encoding-decoding challenges. Our miniature, lightweight, and low-power products deliver high-performance capabilities, including raw data processing, seamless transfer, advanced image processing, and AI-driven analytics. Founded by Israeli technology sector veterans, Maris-Tech serves leading manufacturers worldwide in defense, aerospace, Intelligence gathering, homeland security (HLS), and communication industries. We’re pushing the boundaries of video transmission and edge computing, driving innovation in mission-critical applications across commercial and defense sectors.

    For more information, visit https://www.maris-tech.com/

    Forward-Looking Statement 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 the Company’s 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, the Company is using forward-looking statements when it is discussing: that the line of credit will allow the Company the ability to take advantage of strategic opportunities and to increase its business activity and will give the Company the flexibility to achieve its growth potential, without relying on market conditions or sales of the Company’s equity; the Company’s belief that the entry into the line of credit agreement indicates the trust of a leading Israeli commercial bank towards the Company and that the signing of the line of credit agreement indicates the trust of a leading Israeli commercial bank towards the Company. 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 the Company’s control. The Company’s 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 the Company’s actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: its ability to successfully market its products and services, including in the United States; the acceptance of its products and services by customers; its continued ability to pay operating costs and ability to meet demand for its 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; its ability to successfully develop new products and services; its success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; its ability to comply with applicable regulations; and the other risks and uncertainties described in the Annual Report on Form 20-F for the year ended December 31, 2023, filed with the SEC on March 21, 2024, and its 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:

    Nir Bussy, CFO
    Tel: +972-72-2424022
    Nir@maris-tech.com

    The MIL Network –

  • MIL-OSI: MissionSquare Retirement welcomes Joshua Hsu as vice president and head of firm strategy

    Source: GlobeNewswire (MIL-OSI)

    Washington, D.C., March 27, 2025 (GLOBE NEWSWIRE) — MissionSquare Retirement is pleased to announce the appointment of Joshua Hsu as the firm’s new vice president and head of firm strategy. Hsu joined the team on Feb. 18, bringing a broad range of experience from his tenure at McKinsey & Company, where he previously served as an associate partner in the Wealth and Asset Management Practice.

    “We are excited to welcome Joshua to MissionSquare Retirement,” said Andre Robinson, chief executive officer and president of MissionSquare Retirement. “Joshua’s extensive experience in strategy design and execution, coupled with his innovative approach to growth and transformation, will be invaluable as we continue to enhance our offerings and expand our impact in the retirement services industry.”

    In his newly created role as vice president and head of firm strategy, Hsu will play a pivotal role in shaping the strategic direction of MissionSquare. He reports directly to Drue Holloway, chief strategy officer, helping to support efforts to drive strategic development and ensure alignment with the organization’s goals.

    “Joshua’s leadership will be crucial as we navigate the evolving landscape of retirement services,” added Holloway. “His focus on operational excellence and ability to drive innovation aligns perfectly with our mission to provide exceptional retirement solutions to our customers.”

    During his time at McKinsey, Hsu led numerous growth transformations and bottom-line impact initiatives for financial services clients, resulting in significant revenue increases and operational efficiencies. He spearheaded McKinsey’s consumer research around the latest shifts in pre-retiree and retiree needs to shape innovation in the retirement ecosystem. His expertise in customer experience, capability building, and digital transformations was instrumental in driving sustainable growth for his clients.

    Hsu holds a Master of Business Administration from Northwestern University’s Kellogg School of Management and a bachelor’s degree in economics from the Wharton School at the University of Pennsylvania.

    About MissionSquare Retirement

    Since its founding in 1972, MissionSquare Retirement has been dedicated to simplifying the path to retirement security for public service employees. As a mission-based, nonstock, nonprofit financial services company, we manage and administer over $72.0 billion in assets.* Our commitment to delivering results-oriented retirement plans, education, investments, and personalized advice sets us apart. Explore how we enable public service workers to build a secure financial future. For more information, visit www.missionsq.org or follow the company on Facebook, LinkedIn, and X.

    *As of December 31, 2024. Includes 457(b), 401(a), 403(b), Retirement Health Savings (RHS) plans, Employer Investment Program (EIP) plans, affiliated IRAs, and investment-only assets.

    The MIL Network –

  • MIL-OSI Security: Milton — RCMP dismantles Cannabis network that had approximately 17,000 illegal plants

    Source: Royal Canadian Mounted Police

    Ontario RCMP have seized and destroyed cannabis grown at three large-scale illegal grow sites. The RCMP’s Greater Toronto Area Trans-National Serious & Organized Crime Section (GTA-TSOC) has charged six individuals for operating a complex illicit cannabis production and distribution network in Ontario.

    This investigation began in the Summer of 2022, after the Ontario Provincial Police (OPP) referred the matter for investigation to the RCMP. During the investigation, approximately 17,000 cannabis plants were seized and destroyed. The RCMP estimate that these operations could have an annual production value of over $16 million dollars. Each of the sites were staffed with full-time live-in workers, none of whom have legal status to work and grow cannabis in Canada. The criminal network was also linked to the operation of two other illicit cannabis production sites in Ontario which were dismantled by the OPP and the Toronto Police Service. The criminal network exported the illicit cannabis to the United States and Hong Kong, with further plans to expand distribution into Europe.

    The RCMP allege millions of dollars in profits from this operation were laundered through the Canadian banking system by a sophisticated identity fraud scheme. They applied for Health Canada authorizations to produce medicinal cannabis using the identity of individuals who were not aware of the applications. These authorizations were then used to obtain commercial leases and expand the group’s cannabis production.

    As a result of the investigation, the following individuals were charged:

    Shao Bo “Barry” Xie (age 45) of Toronto, Ontario

    • Unlawful cultivation of cannabis, contrary to Section 12 of the Cannabis Act (x3);
    • Unlawful possession of cannabis for the purpose of selling, contrary to Section 10 of the Cannabis Act;
    • Conspiracy to cultivate cannabis, contrary to Section 12 of the Cannabis Act and Section 465 of the Criminal Code;
    • Conspiracy to sell cannabis, contrary to Section 10 of the Cannabis Act and Section 465 of the Criminal Code;
    • Conspiracy to export cannabis, contrary to Section 11 of the Cannabis Act and Section 465 of the Criminal Code;
    • Possession of property/proceeds of crime, contrary to Section 354 of the Criminal Code;
    • Conceal/convert proceeds of crime, contrary to Sec 462.31 of the Criminal Code;
    • Identity Theft, contrary to Section 402.1 of the Criminal Code;
    • Use forged document, contrary to Section 368 of the Criminal Code;
    • Make false document, contrary to Section 366 of the Criminal Code;
    • Conspiracy to impersonate for advantage, contrary to Section 403 and Section 465 of the Criminal Code; and
    • Conspiracy to use forged document, contrary to Section 368 and Section 465 of theCriminal Code.

    Feng Gao (age 42) of Toronto, Ontario

    • Unlawful cultivation of cannabis, contrary to Section 12 of the Cannabis Act;
    • Conspiracy to cultivate cannabis, contrary to Section 12 of the Cannabis Act and Section 465 of the Criminal Code;
    • Conspiracy to sell cannabis, contrary to Section 10 of the Cannabis Act and Section 465 of the Criminal Code;
    • Conspiracy to export cannabis, contrary to Section 11 of the Cannabis Act and Section 465 of the Criminal Code;
    • Possession of property/proceeds of crime, contrary to Section 354 of the Criminal Code;
    • Conceal/convert proceeds of crime, contrary to Sec 462.31 of the Criminal Code;
    • Identity Theft, contrary to Section 402.1 of the Criminal Code;
    • Conspiracy to impersonate for advantage, contrary to Section 403 and Section 465 of the Criminal Code; and
    • Conspiracy to use forged document, contrary to Section 368 and Section 465 of the Criminal Code.

    Shan “Sam” Gao (age 34) of Toronto, Ontario

    • Unlawful cultivation of cannabis, contrary to Section 12 of the Cannabis Act;
    • Conspiracy to cultivate cannabis, contrary to Section 12 of the Cannabis Act and Section 465 of the Criminal Code;
    • Conspiracy to sell cannabis, contrary to Section 10 of the Cannabis Act and Section 465 of the Criminal Code;
    • Conspiracy to export cannabis, contrary to Section 11 of the Cannabis Act and Section 465 of the Criminal Code;
    • Possession of property/proceeds of crime, contrary to Section 354 of the Criminal Code;
    • Use forged document, contrary to Section 368 of the Criminal Code;
    • Make false document, contrary to Section 366 of the Criminal Code;
    • Conspiracy to impersonate for advantage, contrary to Section 403 and Section 465 of the Criminal Code; and
    • Conspiracy to use forged document, contrary to Section 368 and Section 465 of the Criminal Code.

    Xu Han (age 26) of Toronto, Ontario

    • Unlawful cultivation of cannabis, contrary to Section 12 of the Cannabis Act;
    • Conspiracy to cultivate cannabis, contrary to Section 12 of the Cannabis Act and Section 465 of the Criminal Code;
    • Conspiracy to sell cannabis, contrary to Section 10 of the Cannabis Act and Section 465 of the Criminal Code;
    • Conspiracy to export cannabis, contrary to Section 11 of the Cannabis Act and Section 465 of the Criminal Code;
    • Possession of property/proceeds of crime, contrary to Section 354 of the Criminal Code;
    • Conspiracy to impersonate for advantage, contrary to Section 403 and Section 465 of the Criminal Code; and
    • Conspiracy to use forged document, contrary to Section 368 and Section 465 of the Criminal Code.

    Fang Han (age 30) of Toronto, Ontario

    • Unlawful cultivation of cannabis, contrary to Section 12 of the Cannabis Act;
    • Conspiracy to cultivate cannabis, contrary to Section 12 of the Cannabis Act and Section 465 of the Criminal Code;
    • Conspiracy to sell cannabis, contrary to Section 10 of the Cannabis Act and Section 465 of the Criminal Code;
    • Conspiracy to export cannabis, contrary to Section 11 of the Cannabis Act and Section 465 of the Criminal Code;
    • Possession of property/proceeds of crime, contrary to Section 354 of the Criminal Code; and
    • Conceal/convert proceeds of crime, contrary to Sec 462.31 of the Criminal Code.

    Zdena “Denise” Mesko (age 61) of Sarnia, Ontario

    • Identity Theft, contrary to Section 402.1 of the Criminal Code;
    • Use forged document, contrary to Section 368 of the Criminal Code;
    • Possession of property/proceeds of crime, contrary to Section 354 of the Criminal Code;
    • Conspiracy to impersonate for advantage, contrary to Section 403 and Section 465 of the Criminal Code; and
    • Conspiracy to use forged document, contrary to Section 368 and Section 465 of the Criminal Code

    All of the accused were arrested at the RCMP Toronto West Detachment and released on an undertaking. Their first court appearance is scheduled to be held on May 7th, 2025, at the Ontario Court of Justice located at 10 Armoury Street in Toronto, Courtroom 1001 at 09:00 a.m.

    The RCMP would like to thank a number of law enforcement and partner agencies including the Ontario Provincial Police-led Provincial Joint Forces Cannabis Enforcement Team (OPP-PJFCET), Peel Regional Police Service (PRPS), Toronto Police Service (TPS), Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), Canada Border Services Agency (CBSA), Health Canada, and the United States Homeland Security Investigations (HSI).

    “The collaboration and teamwork between the RCMP Federal Police and our provincial and municipal law enforcement partners underscores our collective commitment to battling transnational organized crime at all levels in Ontario, Canada and abroad.”
    Inspector Nicole Noonan, Officer in charge of Federal Policing – Transnational, Serious & Organized Crime, Toronto West Detachment, Royal Canadian Mounted Police

    Law enforcement agencies work diligently to make our communities a safer place to live but your assistance in remaining vigilant and informing us of any suspicious activities will help us be even more effective. If you have any information in relation to illicit cannabis production, you can contact your local police, the Ontario RCMP at 1-800-387-0020 or anonymously through Crime Stoppers at 1-800-222-8477 (TIPS), at any time.

    MIL Security OSI –

  • MIL-OSI China: Panel discussions held during Boao Forum for Asia

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

    Panel discussions held during Boao Forum for Asia

    Updated: March 27, 2025 21:07 Xinhua
    A panel discussion themed on “Maintaining Global Supply Chain Stability: The Role of Connectivity” is held during the Boao Forum for Asia (BFA) Annual Conference 2025 in Boao, south China’s Hainan Province, March 27, 2025. [Photo/Xinhua]
    Akylbek Zhaparov, former chairman of the Cabinet of Ministers of the Kyrgyz Republic, speaks at a panel discussion themed on “Maintaining Global Supply Chain Stability: The Role of Connectivity” during the Boao Forum for Asia (BFA) Annual Conference 2025 in Boao, south China’s Hainan Province, March 27, 2025. [Photo/Xinhua]
    Yasiru Bandara Ranaraja, founding director of the Belt and Road Initiative Sri Lanka, speaks at a panel discussion themed on “Maintaining Global Supply Chain Stability: The Role of Connectivity” during the Boao Forum for Asia (BFA) Annual Conference 2025 in Boao, south China’s Hainan Province, March 27, 2025. [Photo/Xinhua]
    Ai Yilun, general manager of Hainan State Farms Investment Holdings Group, speaks at a panel discussion themed on “Maintaining Global Supply Chain Stability: The Role of Connectivity” during the Boao Forum for Asia (BFA) Annual Conference 2025 in Boao, south China’s Hainan Province, March 27, 2025. [Photo/Xinhua]
    Ricardo Arroja, president of Portuguese Trade and Investment Agency, speaks at a panel discussion themed on “Maintaining Global Supply Chain Stability: The Role of Connectivity” during the Boao Forum for Asia (BFA) Annual Conference 2025 in Boao, south China’s Hainan Province, March 27, 2025. [Photo/Xinhua]
    Liu Qiao, dean of the Guanghua School of Management at Peking University, speaks at a panel discussion themed on “Maintaining Global Supply Chain Stability: The Role of Connectivity” during the Boao Forum for Asia (BFA) Annual Conference 2025 in Boao, south China’s Hainan Province, March 27, 2025. [Photo/Xinhua]
    Albert Park, chief economist of the Asian Development Bank, speaks at a panel discussion themed on “Maintaining Global Supply Chain Stability: The Role of Connectivity” during the Boao Forum for Asia (BFA) Annual Conference 2025 in Boao, south China’s Hainan Province, March 27, 2025. [Photo/Xinhua]
    Benjamin Simpfendorfer, partner of Oliver Wyman, speaks at a panel discussion themed on “Maintaining Global Supply Chain Stability: The Role of Connectivity” during the Boao Forum for Asia (BFA) Annual Conference 2025 in Boao, south China’s Hainan Province, March 27, 2025. [Photo/Xinhua]

    MIL OSI China News –

  • MIL-OSI USA: Attorney General James Recovers Over $5 Million From Nonprofit for Failing to Serve New York City Residents with Developmental Disabilities

    Source: US State of New York

    EW YORK – New York Attorney General Letitia James today secured over $5 million from Community Options, Inc. and Community Options NY, Inc. (Community Options) for failing to properly provide services for people with developmental disabilities and knowingly submitting false claims to Medicaid for services. Community Options is a nonprofit that provides “day habilitation” services to adults with developmental disabilities in New York City, ensuring they have enriching and educational community-based activities. A joint investigation between the Office of the Attorney General’s (OAG) Medicaid Fraud Control Unit (MFCU), and the United States Attorney’s Office for the Southern District of New York (USAO-SDNY) revealed that Community Options failed to follow regulations and requirements designed to ensure the people it serves are receiving safe and adequate care. Under settlements with OAG and USAO-SDNY, Community Options will repay Medicaid over $5 million in reimbursements it received for day habilitation services that it failed to provide and document in compliance with state regulations.

    “New Yorkers with developmental disabilities rely on quality, community-based activities to lead fulfilling and independent lives,” said Attorney General James. “Community Options ignored the rules meant to ensure it was delivering the services it promised, depriving vulnerable New Yorkers of opportunities to participate in valuable programs that meet their needs. I thank the U.S. Attorney’s Office for their assistance in this investigation that will ensure New Yorkers with developmental disabilities get the care and services they deserve.”

    Community Options’ services include the Day Habilitation Without Walls Program, where recipients can take part in activities, cultural events, and volunteer opportunities in their community. Medicaid and the New York Office for People with Developmental Disabilities (OPWDD) set requirements for day habilitation service providers to follow in order to receive Medicaid reimbursement. These requirements ensure organizations are providing an adequate number of services for enough time, are providing the correct types of services, and are documenting the services they provide.

    The OAG’s investigation found that Community Options violated the law by failing to meet these requirements for day habilitation services for which it billed New York’s Medicaid Program from January 1, 2017 to September 13, 2023. Community Options employees routinely failed to provide and document services in accordance with the OPWDD requirements. As a result, the adults with developmental disabilities that Community Options served did not receive the full benefits that the organization promised.

    The investigation also revealed that in January 2022, Community Options violated the law by failing to return overpayments it received from New York’s Medicaid program for services that it knew did not meet the state’s requirements. During a non-routine review, Community Options determined that it had failed to create and maintain monthly summary documents for dozens of day habilitation clients in Manhattan, Brooklyn, and Queens, affecting hundreds of claims for reimbursement. Despite a Community Options employee stating that these failures required Community Options to return payments for these claims, the senior Community Options employee overseeing day habilitation services instructed their subordinate to fraudulently create and back-date all of the missing monthly summary notes, in many instances up to a year after the services in question were purportedly provided.

    As a result of Attorney General James’ enforcement, Community Options will repay the over $5 million it improperly billed Medicaid, including paying approximately $2.8 million back to New York’s Medicaid program. The case against Community Options was initiated by a former employee, who will receive a portion of the settlement because the former employee filed a whistleblower lawsuit under the federal and New York False Claims Acts, which allow people to file civil actions under seal on behalf of the government and share in any recovery.

    The investigation and settlements were the result of a coordinated effort between OAG and USAO-SDNY. Attorney General James thanks USAO-SDNY for their partnership and assistance.

    For OAG’s MFCU, the investigation was conducted by Deputy Regional Chief Auditor Matthew Tandle, Auditor-Investigator Doni Corso, and Auditor-Investigator Che Cass, under the supervision of Chief Auditor Dejan Budimir, and Detective-Investigator Natalie Shifrin, under the supervision of Detective Supervisor Dominick DiGennaro. The settlement was handled by Special Assistant Attorney General Tiffany Castleman-Smith of the Civil Enforcement Division, under the supervision of Deputy Chief Diana Elkind. The Civil Enforcement Division is led by Chief Alee Scott. MFCU is led by Director Amy Held and Assistant Deputy Attorney General Paul J. Mahoney. MFCU is part of the Division for Criminal Justice, which is led by Chief Deputy Attorney General José Maldonado and overseen by First Deputy Attorney General Jennifer Levy.

    Reporting Medicaid Provider Fraud: MFCU defends the public by addressing Medicaid provider fraud and protecting nursing home residents from abuse and neglect. If an individual believes they have information about Medicaid provider fraud or about an incident of abuse or neglect of a nursing home resident, they can file a confidential complaint online or call the MFCU hotline at (800) 771-7755. If the situation is an emergency, please call 911.

    New York MFCU’s total funding for federal fiscal year (FY) 2025 is $70,502,916. Of that total, 75 percent, or $52,877,188, is funded from the U.S. Department of Health and Human Services. The remaining 25 percent, totaling $17,625,728 for FY 2025, is funded by New York State.

    MIL OSI USA News –

  • MIL-OSI USA: Attorney General Alan Wilson announces Lexington Co. man sentenced to 14 years for sex crimes against minorsRead More

    Source: US State of South Carolina

    (COLUMBIA, S.C.) – Attorney General Alan Wilson announced that, on March 26, 2025, after a three-day trial, a Lexington County jury found Mark Frick, 57, guilty of Criminal Solicitation of a Minor and Attempted Sexual Exploitation of a Minor, First Degree. The Honorable Judge Debra McCaslin sentenced Frick to 10 years in prison on the Attempted Sexual Exploitation charge and four years on the Solicitation charge. Those sentences will run consecutively for a total sentence of 14 years in prison. He will have to register as a sex offender upon his release. 

    The investigation of Frick began in August of 2021 when the Lexington County Sheriff’s Department hosted an undercover chat operation in Lexington County involving members of the SC Attorney General’s Internet Crimes Against Children Task Force. Detective Kenneth Clark, of the Mount Pleasant Police and a task force member, created an online persona of a 14-year-old girl on a social media site. Frick began a conversation with the persona and acknowledged her age. Frick continued to message the persona and made plans to meet for a sexual encounter. Frick was taken into custody upon arriving at a predetermined location to meet the 14-year-old persona. Special Investigator Jason Hughes of the SC Attorney General’s Office interviewed Frick, who confessed to attempting to meet the persona. 

    The SC Attorney General’s Office, Lexington County Sheriff’s Office, Department of Homeland Security, Mount Pleasant Police Department, and NCIS participated in the operation.

    Assistant Attorney General Stephen Ryan prosecuted the case with co-counsel Assistant Attorneys General Michelle Pappas and Anna Sharpe.

    MIL OSI USA News –

  • MIL-OSI: Siyata Mobile Inc. to Present at the AI & Technology Virtual Investor Conference April 3

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, March 27, 2025 (GLOBE NEWSWIRE) — Siyata Mobile Inc. (Nasdaq: SYTA, SYTAW) (“Siyata” or the “Company”), announced today that Aitan Zacharin, CEO of Core Gaming, Inc. (“Core Gaming”) who it recently signed a definitive merger agreement with, will present live at the AI & Technology Virtual Investor Conference hosted by VirtualInvestorConferences.com on April 3, 2025.

    Date: Thursday, April 3, 2025
    Time: 10:30 – 11 am ET
    Link: Register Here
    Available for 1×1 meetings April 3rd

    This will be a live, interactive online event where investors are invited to ask the companies questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.

    Learn more about the event at www.virtualinvestorconferences.com.

    About Core Gaming, Inc. and Siyata Mobile Inc.

    Core Gaming, Inc. is a global AI-driven mobile gaming developer and publisher headquartered in Miami, Florida. We create entertaining games for millions of players worldwide, while empowering other developers to deliver player-focused apps and games to enthusiasts. Core Gaming’s mission is to be the leading global AI-driven gaming company. Since our launch, we have developed and co-developed over 2,000 games, driven over 600 million downloads, and generated a global footprint of over 40 million users from over 140 countries. Visit www.coregaming.co to learn more.

    Core Gaming previously announced signing of a definitive merger agreement with Siyata Mobile, Inc., which is currently subject to regulatory approval(s) and satisfaction of customary closing conditions.

    Siyata’s common shares trade on the Nasdaq Capital Market, LLC under the symbol “SYTA”, and its warrants under the symbol “SYTAW”. Visit www.siyata.net to learn more.

    Investor Relations:
    Brett Maas
    Hayden IR
    SYTA@Haydenir.com
    646-536-7331

    Siyata Mobile Corporate:
    Glenn Kennedy, VP of International Sales
    Siyata Mobile Inc.
    glenn@siyata.net

    Forward Looking Statements
    This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Because such statements deal with future events and are based on Siyata’s current expectations, they are subject to various risks and uncertainties and actual results, performance, or achievements of Siyata could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Siyata’s filings with the Securities and Exchange Commission (“SEC”), and in any subsequent filings with the SEC. Except as otherwise required by law, Siyata undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites and social media have been provided as a convenience, and the information contained on such websites or social media is not incorporated by reference into this press release.

    The MIL Network –

  • MIL-OSI: Drone Manufacturers Racing to Introduce Latest Technology as Global Aerial Survey Services Market Projected to Reach $790 Billion By 2031

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., March 27, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Many investors have been watching the drone industry consistently growing over the past years and are expecting the same expansions to continue. The popularity of unmanned aerial vehicles (UAVs) for aerial imagery is quickly expanding this market. A report from Verified Market Research said that the Aerial Survey Services Market size, which was valued at USD 22.67 Billion in 2024, is projected to reach USD 791.21 Billion by 2031, growing at a CAGR of 55.90% during the forecast period 2024-2031. The report added: “The rising use of drone services for industry-specific solutions, improved regulatory framework, and increased demand for qualitative data in various industries are projected to boost the expansion of the Drone Aerial Survey Services Market. Aerial imaging is being more widely used in defense applications. Natural calamities are becoming more common. Aerial camera systems have been improving steadily. Drone technology has attracted venture capital investment. During the forecast period, the enterprise segment of the Aerial Survey Services Market is expected to grow at the fastest rate. All industries benefit from enterprise solutions because they provide end-to-end services. The enterprise solution segment is being driven by the rising demand for analytical services and software solutions in the Aerial Survey Services Market.” Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQ: ZENA), AgEagle Aerial Systems Inc. (NYSE: UAVS), Red Cat Holdings, Inc. (NASDAQ: RCAT), AeroVironment, Inc. (NASDAQ: AVAV), KULR Technology Group, Inc. (NYSE American: KULR).

    Verified Market Research continued: “A rise in demand from a variety of industries is fueling the growth of the Drone Aerial Survey Services Market. Aerial photography is used in agriculture to track effective changes in yield production, crop health management, and soil improvement. Aerial imaging services are needed by the defense sector to protect border areas and prepare map structures. Aerial imaging services are also being used more widely in research and exploration, archaeological surveys, mining, oil and gas, and resource management. The Drone Aerial Survey Services Market is still in its early stages of development, and the expansion of application areas is expected to accelerate market growth over the forecast period. During the coronavirus pandemic, aerial imaging helped the construction industry. The benefits of aerial imaging for contracted surveying, onsite inspections, and design planning applications have been augmented by the construction, roofing, and solar industries.”

    ZenaTech (NASDAQ:ZENA) Signs LOI to Acquire Eighth Land Survey Company Advancing Drone as a Service in a $2.5 Billion US Drone Survey Market by 2033 – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces that it has signed an LOI (Letter of Intent) to acquire an eighth land survey engineering company which marks the second LOI located in Arizona. Upon completion, these locations will serve as a launchpad to further Southwest regional development and contribute to the Company’s national DaaS business model intended to bring the speed and precision of ZenaDrone’s AI drone solutions in a convenient subscription or pay-per-use model for businesses and government users.

    “Arizona is strategic to our US operations as the base of our subsidiary ZenaDrone where our second drone manufacturing facility will be. Our vision with Drone as a Service is to capture part of the drone survey market that is growing by double-digits and is expected to reach USD $2.5 billion by 2033. We plan to build our national presence offering ZenaDrone products and services for land surveys and many other applications,” said CEO Shaun Passley, Ph.D.

    According to Fact.MR, the global drone surveying market is poised for substantial growth and is expected to be worth over USD $8 billion globally by 2033 of which North America is expected to represent 35%. This market is expanding at a CAGR of over 19%, driven by increasing demand from industries such as construction, agriculture, and infrastructure development. Within the drone surveying market, land surveys represent 53%, with significant adoption in real estate, urban planning, environmental applications and infrastructure projects.

    Drones as a Service or DaaS works similarly to Software as a Service (SaaS), but instead of providing software over the internet, this business model offers drone technology solutions and services on a subscription or pay-per-use basis. With DaaS, businesses and government customers can conveniently access drones for tasks such as surveying, inspections, security, law enforcement, or precision agriculture solutions without having to buy, operate or maintain the drones themselves.

    ZenaTech’s DaaS model offers customers including government agencies, builders and real estate developers, construction firms and farmers reduced upfront costs as there is no need to purchase expensive drones, and convenience as the company manages maintenance and operation. DaaS also offers scalability to companies to use more often or less often based on their needs and enables access to advanced drone technology and applications without the need for specialized training or equipment.

    Accurate land surveys are essential for the planning, design, and execution of roads, bridges, and building projects for cities, commercial, and residential projects, and are required for legal purposes. Remotely piloted drones with an array of sensors and cameras, LiDAR (Light Detection and Ranging), and GPS systems for capturing high-resolution pictures and data are revolutionizing the land survey industry gathering aerial data across expansive terrains in a matter of hours instead of weeks or months using more traditional photogrammetry methods.   Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    In Additional ZENA News: ZenaTech’s (NASDAQ:ZENA) ZenaDrone Developing Indoor Drone Swarm Application for Inventory Management and Security with Auto Parts Manufacturer Customer – ZenaTech, Inc. this week also announced its subsidiary ZenaDrone is developing a drone swarm application using multiple indoor IQ Nano drones for inventory management and security applications. ZenaDrone is conducting this development with its auto parts manufacturer customer where it is currently engaged in a paid trial.

    A drone swarm is a coordinated group of autonomous drones that communicate and work together using AI and real-time data sharing, to perform tasks collaboratively without direct human control. Drone swarms can enhance efficiency, accuracy, automation and performance compared to a single drone.

    “We are pioneering the development of autonomous drone swarm technology, revolutionizing indoor inventory management and warehouse security by providing real-time, more accurate stock tracking and surveillance with reduced manual processes. We believe this technology will enable warehouses to operate more efficiently, reduce costs, and enhance safety and security while setting a new industry standard for AI drones,” said CEO Shaun Passley, Ph.D.   Continued… Read this full release by visiting: https://www.zenatech.com/newsroom/

    Other recent developments in the drone industry include:

    Red Cat Holdings, Inc. (NASDAQ: RCAT), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, recently announced that financial results for the 2024 Stub Period (as of December 31, 2024 and the eight months then ended) will be reported on Monday, March 31, 2025 at the market close.

    Company management will host an earnings conference call at 4:30p.m. ET on Monday, March 31, 2025 to review financial results and provide an update on corporate developments. Following management’s formal remarks, there will be a question-and-answer session.

    Interested parties can listen to the conference call by dialing 1-844-413-3977 (within the U.S.) or 1-412-317-1803 (international). Callers should dial in approximately ten minutes prior to the start time and ask to be connected to the Red Cat conference call. Participants can also pre-register for the call using the following link: https://dpregister.com/sreg/10198203/fecb0dc7ae

    AeroVironment, Inc. (NASDAQ: AVAV) recently reported financial results for the fiscal third quarter ended January 25, 2025. “We faced a number of short-term challenges in the third quarter, including the unprecedented high winds and fires in Southern California, which impacted our ability to meet our goals,” said Wahid Nawabi, AeroVironment chairman, president and chief executive officer. “Nevertheless, we made significant progress towards executing our long-term growth strategy and building resiliency for the future.

    “This quarter, we booked record Switchblade and Jump-20 orders, which helped expand our backlog to a record $764 million. We also announced our new Utah manufacturing facility, which will more than double our Switchblade capacity and provide resiliency against regional weather events. Finally, we made significant progress towards completing our BlueHalo acquisition, which we now expect to close in the second quarter of calendar year 2025. While this has been a transition year pivoting away from Ukraine demand, we still expect a strong fiscal year 2025 including record fourth quarter revenue.”

    KULR Technology Group, Inc. (NYSE American: KULR) recently announced will hold a conference call on Thursday, March 27th at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fourth quarter and full year ended December 31, 2024. The financial results will be issued in a press release prior to the call.

    KULR management will host the conference call, followed by a question-and-answer period. Interested parties can submit relevant questions prior to the call to Stuart Smith at SmallCapVoice.Com, Inc. via email: ssmith@smallcapvoice.com by 5:00 p.m. ET on Friday, March 21st, 2025. Mr. Smith will compile a list of questions and submit them to the Company prior to the conference call. The questions that will get addressed will be based on the relevance to the shareholder base, and the appropriateness of the questions in light of public disclosure rules.

    AgEagle Aerial Systems Inc. (NYSE: UAVS) recently announced the appointment of Steve Mathias as Vice President of Global Sales and Business Development and Erik de Badts as Global Head of MicaSense Sales. AgEagle CEO Bill Irby commented, “As we execute a multi-faceted strategic growth plan focused on expanding our global footprint, the addition of both Steve and Erik’s impressive pedigrees will drive innovation, foster collaboration, and ensure that we remain agile in an evolving UAS marketplace. Steve brings multi-decade expertise in military and commercial aviation, both crewed and uncrewed, while Erik is a true subject matter expert in multi-spectral sensing. We are confident their leadership will help strengthen key partner relationships, unlock new opportunities, and accelerate revenue growth.”

    Steve Mathias is an aerospace business executive with over 30 years of senior leadership experience in both the military and aerospace industry. Prior to joining AgEagle, he served as Senior Vice President of Strategy and Growth at GKN Aerospace Defense, a leading global technology company specializing in advanced aerostructures and engine systems. Before his role at GKN Aerospace, Mr. Mathias was Vice President of Global Sales and Strategy at Bell Helicopter, where he led all domestic and international vertical lift defense sales, including both crewed and uncrewed systems. His background as a U.S. Army Officer includes significant special operations and conventional aviation experience with both manned and unmanned systems. In his final Army assignment, Steve served as the Deputy Chief of Staff G-8 for the U.S. Army Special Operations Command, overseeing the requirements and Program Objective Memorandum (POM) processes for over 200 Army and Special Operations air and land programs.

    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

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    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 has been compensated fifty one hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company. 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 –

  • MIL-OSI: CURRENC Empowers Coin Cove with AI-Powered Electronic Banking Services Platform

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, March 27, 2025 (GLOBE NEWSWIRE) — CURRENC Group Inc. (Nasdaq: CURR) (“CURRENC” or the “Company”), a fintech pioneer empowering financial institutions worldwide with artificial intelligence (AI) solutions, today announced that it has secured a landmark contract with Coin Cove, an institution providing electronic banking services, to provide Coin Cove with comprehensive, AI-powered electronic banking solutions through CURRENC’s SEAMLESS AI Lab, including a cutting-edge trading platform, trading and operating apps, customer inquiry and marketing centers, SEAMLESS AI Call Centre technology, training, compliance and risk management tools, website design and MasterCard issuance.

    CURRENC has crafted a comprehensive spot and futures trading environment for Coin Cove, supporting over 150 digital assets and 600 trading pairs alongside multi-asset collateral and settlement. The platform also offers large-volume trading with locked-in rates to eliminate slippage, customizable wallet solutions integrating with various blockchain ecosystems, and seamless 24/7 operations through plug-and-play APIs. Over 15 fiat currencies are supported, providing flexibility for traders worldwide.

    CURRENC will also provide Coin Cove with an AI call center and compliance solutions designed to address common electronic banking challenges such as customer onboarding or “KYC,” real-time customer support, transaction inquiries, price volatility, liquidity management, and fraud detection. Unlike traditional electronic banking platforms, which often rely on unmoderated public forums and chat groups for customer support, Coin Cove’s platform will integrate SEAMLESS AI Call Centre Agents to offer 24/7 personalized support, an industry first that will greatly elevate users’ electronic banking experience. Moreover, Coin Cove will leverage CURRENC’s real-time market insight and risk management modules to streamline operations, ensure compliance with regulatory requirements, monitor workflows, maintain KPIs at optimal levels, and improve overall trading efficiency.

    Notably, CURRENC’s collaboration with Coin Cove marks the debut of SEAMLESS AI Lab’s “AI Staff for Hire.” Coin Cove will deploy CURRENC’s pre-built, customizable AI Agents to perform staff training across customer service, operations, compliance, finance, and IT; assist human personnel, and deliver comprehensive reporting, monitoring and performance scoring.

    Recently, CURRENC and Coin Cove held a meeting with the Omani Ministry of Labour to explore the business development potential of deploying CURRENC’s AI Agents to support over 320,000 SMEs in Oman, as well as selected government departments of the Omani Government.

    Looking ahead, CURRENC expects to sign similar agreements with other electronic banking worldwide, empowering them with real-time, AI-driven capabilities and comprehensive platform solutions that address the 24/7 demands of users while ensuring compliance and reliability. CURRENC will also strive to cross-sell its digital remittance services and global airtime transfer services to these new clients so as to create the maximum business synergy.

    “We’re thrilled to see our SEAMLESS AI Lab shaping the future of electronic banking,” said Alex Kong, Founder and Executive Chairman of CURRENC. “Our groundbreaking AI-powered solutions will provide Coin Cove with smarter, faster, and more secure electronic banking transactions as well as real-time market analytics, optimized liquidity and enhanced risk management, setting new benchmarks for operational excellence and security in the global electronic banking market. We will continue pushing the boundaries of AI application as we expand our footprint in the electronic banking industry and beyond, advancing CURRENC’s mission to redefine financial services in the digital age.”

    Hon. Rakesh Rajagopal, Founder and CEO of Coin Cove, commented, “We’re pleased to collaborate with CURRENC to accelerate digitalization in the financial sector. As the first recipient of Oman’s electronic banking license granted under the regulatory oversight of the Central Bank of Oman, Coin Cove is committed to driving digital transformation in the Sultanate and providing a trusted platform for electronic banking. With CURRENC’s support and advanced AI technology, we are set to deliver an exceptionally efficient and secure trading environment, positioning Coin Cove at the forefront of innovation in the evolving market.”

    About CURRENC Group Inc.
    CURRENC Group Inc. (Nasdaq: CURR) is a fintech pioneer dedicated to transforming global financial services through artificial intelligence (AI). The Company empowers financial institutions worldwide with comprehensive AI solutions, including SEAMLESS AI Call Centre and other AI-powered Agents designed to reduce costs, increase efficiency and boost customer satisfaction for banks, insurance, telecommunications companies, government agencies and other financial institutions. The Company’s digital remittance platform also enables e-wallets, remittance companies, and corporations to provide real-time, 24/7 global payment services, advancing financial access across underserved communities.

    About Coin Cove
    Coin Cove is an Omani-registered and licensed entity, operating under the regulatory oversight of the Central Bank of Oman (CBO). As a trusted provider of compliant electronic banking services, Coin Cove integrates advanced AI technologies to deliver secure, efficient, and user-friendly trading solutions. The company enables approved individuals and institutions to seamlessly open accounts, complete rigorous Know-Your-Customer (KYC) and Anti-Money Laundering (AML) onboarding processes, and manage their funds.

    By offering a fully regulated and secure gateway for electronic banking, Coin Cove bridges the gap between traditional finance and the digital economy. Its commitment to compliance, innovation, and customer-centric services underscores its mission to empower users to navigate the global electronic banking market with confidence and trust.

    Safe Harbor Statement
    This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties, or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

    Investor & Media Contact
    CURRENC Group Investor Relations
    Email: investors@currencgroup.com

    The MIL Network –

  • MIL-OSI: LPL Financial Welcomes Oxford Oaks Capital to Linsco Channel

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, March 27, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisor Austin Greer, CRPS ®, has joined LPL’s employee advisor channel, Linsco by LPL Financial, to launch Oxford Oaks Capital of LPL Financial. He reported serving approximately $600 million in advisory, brokerage and retirement plan assets* and joins LPL from UBS.

    Based in the Linsco office in Franklin, Tenn., Greer originally set out to become a high school English teacher before following his father’s footsteps into financial services. He appreciates the educational component of his role as a financial advisor to help clients understand their investments. Now with more than 17 years of industry experience, Greer focuses on retirement income planning, as well as tax and estate planning for high-net-worth clients, including business owners and doctors.

    Wealth Advisor John Dunahoo has been with the team for more than 11 years and Senior LPL Registered Service Associate Stephanie DePriest joined the firm in 2020, both bringing a wealth of knowledge and a client-first approach to the practice.

    “Our practice is very familial and holistic, with a friendly feel in our communications and approach,” Greer said. “We ask a lot of questions before putting together personalized, strategic financial plans and portfolios designed to help take the stress off our clients. We often tell clients, ‘We love investments, so you don’t have to.’”

    Why they made the move to Linsco by LPL
    Looking for more autonomy, enhanced technology and office efficiencies, the team turned to LPL for the next chapter of its business. They were drawn to the Linsco model, which serves financial advisors seeking the core tenets of independence, including owning their client relationships and having flexibility to run their practice, their way. With Linsco, advisors have access to LPL’s integrated wealth management platform and robust business resources, along with the additional benefits of having support from an experienced branch management team, dedicated marketing consultant and other resources that allow advisors to focus on their clients.

    “LPL’s robust investment in resources and technology was a compelling factor in our decision to make this transition,” Greer said. “We anticipate increased office efficiencies, streamlined operations and enhanced service capabilities. We also appreciate the pro-advisor culture at LPL and the flexibility to build a practice on our terms. Ultimately, aligning with LPL enables us to focus on our core strength—delivering exceptional client service.”

    Scott Posner, LPL Executive Vice President, Business Development, said, “We welcome Austin, John and Stephanie to the Linsco community. With LPL’s support, more advisors are recognizing the importance of freedom and flexibility as they seek ways to differentiate themselves and enhance the client experience. We look forward to supporting Oxford Oaks Capital for years to come.”

    Related
    Advisors, learn how LPL Financial can help take your business to the next level.

    About LPL Financial
    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports nearly 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.7 trillion in brokerage and advisory assets on behalf of approximately 6 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

    Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor and broker-dealer, member FINRA/SIPC.

    Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

    We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

    *Value approximated based on asset and holding details provided to LPL from end of year, 2024.

    Media Contact: 
    Media.relations@LPLFinancial.com 

    Tracking #714300

    The MIL Network –

  • MIL-OSI: GCM Grosvenor Hires Martin Laguerre as Co-Head of Global Diversified Private Equity

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, March 27, 2025 (GLOBE NEWSWIRE) — GCM Grosvenor, a global alternative asset management solutions provider, today announced the hiring of Martin Laguerre as Co-Head of Global Diversified Private Equity. Mr. Laguerre brings 25 years of investment experience spanning private equity, capital solutions, and infrastructure, with a strong track record of direct deal execution, portfolio management, and capital allocation across global markets. In his new role, he will serve as co-head alongside Bernard Yancovich, who also leads the firm’s diversified private equity practice.

    Mr. Laguerre most recently served as a Senior Advisor at Warburg Pincus. Prior to Warburg Pincus, he was Global Head of Private Equity and Capital Solutions at Caisse de dépôt et placement du Québec (CDPQ), where he led a global team overseeing a C$55 billion portfolio of private markets investments.

    Mr. Laguerre also held investment and leadership roles at CPP Investments and General Electric. He began his career in investment banking roles with DLJ/Credit Suisse and Lehman Brothers.

    “We are thrilled to welcome Martin to the firm and our investments leadership team,” said Fred Pollock, Chief Investment Officer at GCM Grosvenor. “His deep global alternative investment expertise and understanding of institutional investor priorities will strengthen our private equity platform. Martin’s leadership will play a key role in enhancing our ability to deliver solutions for our clients.”

    At GCM Grosvenor, Mr. Laguerre will focus on enhancing the firm’s three-decade legacy of private equity investing, leveraging the firm’s deep sourcing network. The firm currently has $30 billion of assets under management in private equity.

    “I am eager to join GCM Grosvenor and collaborate with its talented investment team,” said Martin Laguerre. “The firm’s deep expertise in private markets and its commitment to delivering strong investment outcomes for clients make this an exciting opportunity. I look forward to contributing to its continued success.”

    Mr. Laguerre holds a Bachelor of Commerce in Finance and Management Science from McGill University, the Chartered Financial Analyst© designation from the CFA Institute and an MBA in Finance and International Business from the Booth School of Business at the University of Chicago.

    About GCM Grosvenor 

    GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $80 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies. The firm has specialized in alternatives for more than 50 years and is dedicated to delivering value for clients by leveraging its cross-asset class and flexible investment platform. 

    GCM Grosvenor’s experienced team of approximately 550 professionals serves a global client base of institutional and individual investors. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul and Sydney. For more information, visit: gcmgrosvenor.com. 

    Media Contact 
    Tom Johnson and Abigail Ruck 
    H/Advisors Abernathy 
    tom.johnson@h-advisors.global / abigail.ruck@h-advisors.global 
    212-371-5999 

    The MIL Network –

  • MIL-OSI: CrowdStreet Moves Its Headquarters to New York City with New Office in Manhattan, Signaling Next Phase of Company Growth and Expansion

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 27, 2025 (GLOBE NEWSWIRE) — CrowdStreet, the direct-access private market investment platform dedicated to helping members reach their financial ambitions, today announced that it has moved its headquarters to New York City with the opening of its new office in Manhattan. With more than 3,000 square feet in the historic 10 East 40th Street Mercantile Building, the new space marks the company’s official foray into one of the world’s leading financial hubs. The company’s previous headquarters were in Austin, Texas.

    The five-year lease, which begins this month, will enable CrowdStreet’s executive team to expand its business relationships and source new investment opportunities in the financial and business capital of the world. The office expansion will also enable CrowdStreet to host exclusive member-only events, and provide networking events for financial, business and commercial real estate communities.

    “New York City is a dynamic hub for innovation and business growth, and our expansion represents a strategic initiative that marks an important new chapter for the company,” said John Imbriglia, CEO of CrowdStreet. “Our increased footprint will enable us to better serve our members, attract some of the best talent in the world, and strengthen our leadership in providing direct access to private market investment opportunities.”

    The new office comes on the heels of CrowdStreet’s recent executive team expansion, including Chief Executive Officer John Imbriglia, Chief Marketing Officer Rodes Ponzer, and Chief Operating Officer Shaun Mulreed. The growing leadership team will leverage the dedicated space to enhance collaboration, ensure better brand coordination and integration, and provide direct, in-person access to critical leadership.

    Additionally, Chief Financial Officer Genni Combes and General Counsel & Chief Compliance Officer Kristen Howell were recently named to The Financial Technology Report’s Top 50 Women Leaders in Financial Technology of 2024 for their outstanding work in the fintech sector. This honor celebrates their leadership and innovation within the space, further solidifying CrowdStreet’s position at the forefront of the private market industry.

    “Today represents a key milestone in CrowdStreet’s growth strategy. By establishing a presence in one of the world’s most vibrant economic markets, we are well positioned to drive greater innovation, foster stronger partnerships, and fuel greater scale,” said Shaun Mulreed, Chief Operating Officer of CrowdStreet.

    CrowdStreet aims to deliver an industry-leading experience for its members through a seamless and intuitive investor interface. The platform offers tools that ensure members have clear, actionable data to track the financial health and progress of their investments. As of February 2025, the company’s thousands of members have invested billions of dollars through CrowdStreet’s platform, where they have accessed more than 800 investment opportunities.

    About CrowdStreet 

    CrowdStreet empowers its members to reach their financial ambitions through direct-access private market investments. The platform offers a carefully selected marketplace of alternative investment opportunities that have historically only been available to a small group of people. In addition to providing advanced tools, research, and insights to help investors confidently explore these exclusive opportunities, CrowdStreet is also building a member experience rooted in trust and experience – further bridging the gap between investment opportunities and true financial wealth. Learn more at https://www.crowdstreet.com/.

    Media Contact
    LaunchSquad
    crowdstreet@launchsquad.com

    CrowdStreet, Inc. (“CrowdStreet”) offers investment opportunities and financial services on its website. Broker dealer services provided in connection with an investment are offered through CrowdStreet Capital LLC (“CrowdStreet Capital”), a registered broker dealer, Member FINRA/SIPC. Advisory services are offered through CrowdStreet Advisors, LLC (“CrowdStreet Advisors”), a wholly-owned subsidiary of CrowdStreet and a federally registered investment adviser. Investment opportunities available through CrowdStreet are speculative and involve substantial risk. You should not invest unless you can sustain the risk of loss of capital, including the risk of total loss of capital. All investors should consider their individual factors in consultation with a professional advisor of their choosing when deciding if an investment is appropriate.

    The MIL Network –

  • MIL-OSI: CERo Therapeutics Holdings, Inc. Poised to Initiate Enrollment of Phase 1 Trial of CER-1236 in AML Following Positive FDA Review of Manufacturing

    Source: GlobeNewswire (MIL-OSI)

    Company reports acceptance of an abstract at the 2025 American Society of Clinical Oncology (ASCO) conference; Continues to be on track to dose first patient in first half of 2025

    SOUTH SAN FRANSCISCO, Calif., March 27, 2025 (GLOBE NEWSWIRE) — CERo Therapeutics Holdings, Inc., (Nasdaq: CERO) (“CERo” or the “Company”) an innovative immunotherapy company seeking to advance the next generation of engineered T cell therapeutics that employ phagocytic mechanisms, announces that the Company has received positive review from the U.S. Food and Drug Administration (FDA) on an amendment to its IND around Chemistry, Manufacturing and Controls (CMC), which marks completion of the Company’s final commitment to FDA prior to initiating patient dosing and shortens the manufacturing timeline by about a week. With this completion, the Company is on track to meet its anticipated timeline of dosing initial subjects during the first half of 2025.

    Chris Ehrlich, CERo Therapeutics CEO added, “This is a key completion as we ramp up for initiating our clinical trial of CER-1236. Very often there are additional delays prior to initiating a trial, including manufacturing, chemistry and other follow-on information that FDA may request at the time of or following the clearance of an IND. We have worked diligently to ensure continued progress with the FDA, avoiding additional delays. This is due to our fantastic team and top-notch consultants and partners, including UC Davis, our manufacturing partner, that have been working alongside us on this process. In the meantime, we received acceptance from the American Society of Clinical Oncology (ASCO) of an abstract, which we expect to present at the annual conference in Chicago May 30-June 5. We will provide more updates on that presentation, as well as updating on our program development in the near term.”

    The first-in-human, multi-center, open label, Phase 1/ 1b study is designed to evaluate the safety and preliminary efficacy of CER-1236 in patients with relapsed/refractory measurable residual disease positive acute myeloid leukemia. The two-part study will begin with dose escalation to determine highest tolerated dose and recommended dose for Phase 2, followed by an expansion phase to further evaluate safety and efficacy. Primary outcome measures include incidence of adverse events (AEs) and serious adverse events (SAEs), incidence of dose limited toxicities and estimation of overall response rate (ORR), complete response (CR), composite complete response (cCR), and measurable residual disease (MRD). Secondary outcome measures include pharmacokinetics (PK).

    About CERo Therapeutics Holdings, Inc.

    CERo is an innovative immunotherapy company advancing the development of next generation engineered T cell therapeutics for the treatment of cancer. Its proprietary approach to T cell engineering, which enables it to integrate certain desirable characteristics of both innate and adaptive immunity into a single therapeutic construct, is designed to engage the body’s full immune repertoire to achieve optimized cancer therapy. This novel cellular immunotherapy platform is expected to redirect patient-derived T cells to eliminate tumors by building in engulfment pathways that employ phagocytic mechanisms to destroy cancer cells, creating what CERo refers to as Chimeric Engulfment Receptor T cells (“CER-T”). CERo believes the differentiated activity of CER-T cells will afford them greater therapeutic application than currently approved chimeric antigen receptor (“CAR-T”) cell therapy, as the use of CER-T may potentially span both hematological malignancies and solid tumors. CERo anticipates initiating clinical trials for its lead product candidate, CER-1236, in 2025 for hematological malignancies.

    Forward-Looking Statements

    This communication contains statements that are forward-looking and as such are not historical facts. This includes, without limitation, statements regarding the product development and manufacturing of CER-1236, financial position, business strategy and the plans and objectives of management for future operations of CERo the timing and completion of the reverse stock split, and the acceptance and implementation of its proposed plan of compliance with Nasdaq continued listing standards. These statements constitute projections, forecasts and forward-looking statements, and are not guarantees of performance. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this communication, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “strive,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. When CERo discusses its strategies or plans, it is making projections, forecasts or forward-looking statements. Such statements are based on the beliefs of, as well as assumptions made by and information currently available to, CERo’s management.

    Actual results could differ from those implied by the forward-looking statements in this communication. Certain risks that could cause actual results to differ are set forth in CERo’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K, filed on April 2, 2024, and the documents incorporated by reference therein. The risks described in CERo’s filings with the Securities and Exchange Commission are not exhaustive. New risk factors emerge from time to time, and it is not possible to predict all such risk factors, nor can CERo assess the impact of all such risk factors on its business, or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements, which speak only as of the date hereof. All forward-looking statements made by CERo or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements. CERo undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    Contact:
    Chris Ehrlich
    Chief Executive Officer
    chris@cero.bio

    Investors:
    CORE IR
    investors@cero.bio

    The MIL Network –

  • MIL-OSI: Royalty Pharma Announces Upcoming Investor Day

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 27, 2025 (GLOBE NEWSWIRE) — Royalty Pharma plc (Nasdaq: RPRX) today announced that it will host an Investor Day in New York City on Thursday, September 11, 2025, starting at 8:30 a.m. ET. Royalty Pharma senior executives will provide an update on the company’s plans to drive shareholder value creation through leveraging its unique business model and capabilities in the large and growing market for funding biopharma innovation. The meeting will include live question and answer sessions.

    Additional details will follow closer to the event. The live webcast may be accessed from the “Investors” page of the company’s website at https://www.royaltypharma.com/investors/events/. The webcast 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) 883-6637
    ir@royaltypharma.com

    The MIL Network –

  • MIL-OSI: CURRENC’s SEAMLESS AI Lab Unveils “AI Staff for Hire” Platform

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, March 27, 2025 (GLOBE NEWSWIRE) — CURRENC Group Inc. (Nasdaq: CURR) (“CURRENC” or the “Company”), a fintech pioneer empowering financial institutions worldwide with artificial intelligence (AI) solutions, today announced the launch of “AI Staff for Hire,” an AI solution developed by the Company’s SEAMLESS AI Lab, offering pre-built, AI-powered Agents tailored to specific business scenarios. With AI-driven automation poised to reshape industries globally, this innovative product positions CURRENC at the forefront of a rapidly expanding market for AI-powered workforce solutions.

    Designed to meet the needs of enterprises across the finance industry, “AI Staff for Hire” automates critical functions such as customer support, debt collection, KYC, compliance, and HR management, empowering businesses to expand their operations without expanding their workforce. Platform users can select from a range of specialized AI Agents for specific tasks, including Internal Trainers, General Managers, KYC Officers, and Customer-Facing Sales Representatives. This flexibility, combined with cost-effective pricing models, allows businesses to scale operations, streamline workflows, and enhance service quality, while also benefiting from 24/7, multi-lingual support to improve global competitiveness.

    Equipped with advanced material digestion, system integration, and key information extraction functionalities, “AI Staff for Hire” Agents provide real-time insights into customer interactions, boosting engagement and enabling more effective lead generation and marketing strategies. They can also improve data accuracy, generate detailed reports, and monitor for critical issues, offering businesses proactive relationship management tools. Internally, CURRENC’s AI Agents can be customized to train staff in customer service, operations, compliance, finance, and IT, and deliver comprehensive reporting, performance scoring and improvement suggestions.

    “‘AI Staff for Hire’ represents a major step forward in CURRENC’s mission to transform global financial services with AI,” said Alex Kong, Founder and Executive Chairman of CURRENC. “Our innovative, cost-effective AI Agents integrate seamlessly into business environments worldwide, enabling enterprises of all sizes and budgets to quickly and efficiently scale their operations while adapting to the demands of the digital economy. Building on the success of our SEAMLESS AI Call Centre Solutions, “AI Staff for Hire” will expand the boundaries of AI application across banking, insurance, human resources, and other sectors. As the market for AI-powered solutions grows, CURRENC remains committed to propelling AI development that will redefine the future of the global financial industry.”

    “AI Staff for Hire” is a key element in CURRENC’s comprehensive AI offering. Other key functions of our AI offering include app development, AI call centre capabilities, AI HR modules, and trading platforms specifically designed for smaller or newly established financial institutions such as eWallets, and banks. With CURRENC’s AI-powered tools, these organizations, often operating in regions with limited technological support, can rapidly launch sophisticated financial services without incurring heavy capex. As its AI offerings gain traction, CURRENC anticipates onboarding new clients in markets such as Oman, Pakistan, Egypt, Indonesia, India, and South America, bridging the digital divide and empowering local fintech ecosystems. Moreover, as CURRENC recruits new clients, there is a great opportunity for cross selling CURRENC’s digital remittance services and global airtime transfer services to the new clients, which could generate significant business synergy between the AI offerings and CURRENC’s existing businesses.

    The future of work is rapidly shifting toward AI Agents and digital clones. McKinsey analysts predict that AI-driven staff could handle up to 70% of white-collar tasks by 2030. Entrepreneurs and small enterprises may evolve into “One-Person Unicorn Companies,” leveraging AI staff to manage entire operations. As the AI-powered agents market is estimated to exceed $4.71 billion in value by 2030, according to MarketsandMarkets, businesses adopting AI workforce solutions today will gain critical competitive advantages.

    About CURRENC Group Inc.
    CURRENC Group Inc. (Nasdaq: CURR) is a fintech pioneer dedicated to transforming global financial services through artificial intelligence (AI). The Company empowers financial institutions worldwide with comprehensive AI solutions, including SEAMLESS AI Call Centre and other AI-powered Agents designed to reduce costs, increase efficiency and boost customer satisfaction for banks, insurance, telecommunications companies, government agencies and other financial institutions. The Company’s digital remittance platform also enables e-wallets, remittance companies, and corporations to provide real-time, 24/7 global payment services, advancing financial access across underserved communities.

    Safe Harbor Statement
    This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties, or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

    Investor & Media Contact
    CURRENC Group Investor Relations
    Email: investors@currencgroup.com

    The MIL Network –

  • MIL-OSI: Key Information Relating to Full Redemption of Bond DNO04

    Source: GlobeNewswire (MIL-OSI)

    Issuer: DNO ASA

    ISIN of bond loan: NO0011088593

    Original maturity date: 9 September 2026

    New maturity date: 10 April 2025

    Redemption price: 102.3625% (plus accrued but unpaid interests)

    Record date: 8 April 2025

    –

    For further information, please contact:
    Media: media@dno.no
    Investors: investor.relations@dno.no

    –

    DNO ASA is a Norwegian oil and gas operator active in the Middle East, the North Sea and West Africa. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, the United Kingdom, Côte d’Ivoire, Netherlands and Yemen. More information is available at www.dno.no.

    This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act, and published in accordance with section 6.2.2 of Euronext Oslo Rule Book II.

    The MIL Network –

  • MIL-OSI: Byrna Technologies to Report Fiscal First Quarter 2025 Financial Results on Thursday, April 10, 2025 at 9:00 a.m. ET

    Source: GlobeNewswire (MIL-OSI)

    ANDOVER, Mass., March 27, 2025 (GLOBE NEWSWIRE) — Byrna Technologies Inc. (“Byrna” or the “Company”) (Nasdaq: BYRN), a personal defense technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, will hold a conference call on Thursday, April 10, 2025 at 9:00 a.m. Eastern time to discuss its financial results for the fiscal first quarter ended February 28, 2025. Financial results will be issued in a press release prior to the call.

    Byrna management will host the presentation, followed by a question-and-answer period.

    Date: Thursday, April 10, 2025
    Time: 9:00 a.m. Eastern time
    Toll-Free Dial-In: 877-709-8150
    International Dial-In: +1 201-689-8354
    Conference ID: 13752594

    Please call the conference telephone number 10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Gateway Group at 949-574-3860.

    The conference call will be broadcast live and available for replay here and via the Investor Relations section of Byrna’s website.

    About Byrna Technologies Inc.

    Byrna is a technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions. For more information on the Company, please visit the corporate website here or the Company’s investor relations site here. The Company is the manufacturer of the Byrna® SD personal security device, a state-of-the-art handheld CO2 powered launcher designed to provide a less-lethal alternative to a firearm for the consumer, private security, and law enforcement markets. To purchase Byrna products, visit the Company’s e-commerce store.

    Investor Contact:
    Tom Colton and Alec Wilson
    Gateway Group, Inc.
    949-574-3860
    BYRN@gateway-grp.com

    The MIL Network –

  • MIL-OSI: Global Radiotherapy Market Expected to Reach $9.62 Billion By 2030 Realizing Growth Due to Technological Advancements

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., March 27, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Industry experts see the global radiotherapy market continuing to grow in the years to come. A recent report from MarketsAndMarkets said that the global radiotherapy market, which was valued at US$6.23 billion in 2022, grew at a robust CAGR of 4.9%, and reached US$7.21 billion in 2024 and is expected to reach an impressive US$9.62 billion by 2030. It said: “During the forecast years, the growth of the market is attributed to the focus on advancements in radiotherapy treatment technology growing patient population, increasing initiatives to promote radiotherapy awareness. Increasing use of particle therapy for cancer treatment among market players are also expected to support the growth of this market during the forecast period.” The report continued: “Technological advancements in radiotherapy methods, increasing cases of cancers, and the growing demand for radiotherapy services are areas of opportunity in this market. Market growth in North America is attributed to the favorable reimbursement scenario and the presence of key market players in the region. Emerging markets such as China, India are offering high growth opportunities for players operating in this market. Radiotherapy is a complex process that involves understanding the principles of medical physics, dosimetry, radiotherapy planning radiobiology, delivery and interaction of radiation therapy with other treatment modalities and the radiation safety.”   Active biotech and pharma companies in the markets this week include Actinium Pharmaceuticals, Inc. (NYSE AMERICAN: ATNM), Bristol Myers Squibb (NYSE: BMY), Eli Lilly and Company’s (NYSE: LLY), Novartis AG (NYSE: NVS), AstraZeneca PLC (NASDAQ: AZN).

    MarketsAndMarkets continued: “The development of advanced radiotherapy technologies has, in turn, resulted in an increased complexity of operations. Also, a high level of accuracy is needed at every step of the process to achieve maximum tumor control with minimal risk to normal tissue. The ecosystem market map of the overall radiotherapy market comprises the elements present in this market and defines these elements with a demonstration of the bodies involved. Ecosystem analysis elucidates the interdependencies among various components in the radiotherapy market. At the forefront, product, technology, and the application of radiotherapy analyzers serve as the cornerstones, facilitating consumables used in analysis.”

    Actinium Pharmaceuticals, Inc. (NYSE AMERICAN: ATNM) Announces Supply Agreement with Eckert & Ziegler for Ac-225 Radioisotope to Support Comprehensive Development Activities – Actinium Pharmaceuticals, Inc. (Actinium or the Company), a pioneer in the development of targeted radiotherapies, recently announced it has entered into an agreement for the supply of Actinium-225 (Ac-225) with Eckert & Ziegler. Under this agreement, Actinium Pharmaceuticals will have access to Eckert & Ziegler’s high-quality Actinium-225 to further develop its lead product Actimab-A as well as additional early and late-stage development candidates for both U.S. and international clinical trials.

    Targeted radiotherapies using Ac-225 have shown great promise in the treatment of cancer. The radioisotope releases powerful alpha particles with high energy and low penetration depth, enabling precise targeting of tumor cells, including hard-to-reach micrometastases, while minimizing effects on surrounding healthy tissue. Actimab-A is an Ac-225 based radiotherapy agent, directed against CD33, a receptor overexpressed in patients with acute myeloid leukemia (AML) and other myeloid indications.

    Sandesh Seth, Chairman and CEO at Actium Pharmaceuticals, Inc. commented: “We believe that targeted radiation therapy with Actinium-225 is one of the most promising approaches for treating patients with myeloid malignancies and solid tumors. As we have highlighted recently, we are advancing our lead targeted radiotherapy Actimab-A into a pivotal Phase 2/3 trial for patients with relapsed or refractory acute myeloid leukemia and in the frontline setting in a Phase 1 trial under our CRADA with the NCI. Additionally, we have launched our Actimab-A solid tumor program to combine with PD-1 checkpoint inhibitors KEYTRUDA and OPDIVO for patients with head and neck squamous carcinoma and non-small cell lung cancer in multiple trials. As a pioneer in the development of target radiotherapies, we have aggressive plans to expand our clinical pipeline to address indications with high unmet needs. With this supply agreement with Eckert & Ziegler, we will have access to reliable and constant supply of Ac-225 to advance our product development both in the U.S. as well as internationally.”

    “We are happy to contribute to the continuous expansion of indications for Actinium-225, which is significantly being advanced by Actinium Pharmaceuticals,” explained Dr. Harald Hasselmann, CEO of Eckert & Ziegler SE. “The progress we have made in our Ac-225 project over the past year marks only the start of our program to address the global shortage of this vital radionuclide.”

    Eckert & Ziegler reliably supplies high-quality Gallium-68, Lutetium-177, Yttrium-90, and Actinium-225 to leading pharmaceutical companies, and research institutions worldwide. With expertise in radioisotope production and global logistics, the company is committed to continuously support the development and delivery of innovative radiopharmaceuticals. CONTINUED… Read this full press release and more news for Actinium Pharmaceuticals at:   https://ir.actiniumpharma.com/press-releases

    Other recent developments in the biotech industry of note include:

    Bristol Myers Squibb (NYSE: BMY) recently announced that the European Commission (EC) has granted approval to Breyanzi® (lisocabtagene maraleucel; liso-cel), a CD19-directed chimeric antigen receptor (CAR) T cell therapy, for the treatment of adult patients with relapsed or refractory follicular lymphoma (FL) after two or more lines of systemic therapy.

    “This additional approval for Breyanzi in FL represents a critical step forward in our mission to deliver on the transformational promise of cell therapy for more patients across Europe,” said Emma Charles, senior vice president, Europe Region, Bristol Myers Squibb. “While significant advancements have been made in the last two decades, there still remains unmet need for patients. Newer treatments for FL, like Breyanzi, have shown impactful results in clinical trials, with the opportunity to deliver lasting results in the routine care setting.”

    New results show Eli Lilly and Company’s (NYSE: LLY) EBGLYSS achieved deep and sustained response for patients with moderate-to-severe atopic dermatitis (eczema) at three years. These findings from the ADjoin long-term extension study will be presented at the American Academy of Dermatology (AAD) Annual Meeting, taking place March 7-11 in Orlando.

    EBGLYSS is an interleukin-13 (IL-13) inhibitor that selectively blocks IL-13 signaling with high binding affinity. The cytokine IL-13 is a primary cytokine in atopic dermatitis, driving the type-2 inflammatory cycle in the skin, leading to skin barrier dysfunction, itch, skin thickening and infection.

    Novartis AG (NYSE: NVS) recently announced that oral Fabhalta® (iptacopan) has received U.S. Food and Drug Administration (FDA) approval for the treatment of adults with C3 glomerulopathy (C3G), to reduce proteinuria, making it the first and only treatment approved for this condition.

    “C3G is a debilitating disease often affecting young people, impacting many aspects of their physical and emotional health, and our previous treatment options came with significant challenges,” said Carla Nester, M.D., M.S.A., F.A.S.N., Professor of Pediatrics-Nephrology at the University of Iowa and Fabhalta APPEAR-C3G Study Co-Investigator. “This approval of Fabhalta is historic for the entire C3G community as now, for the first time, we have a therapy that is believed to treat the underlying cause of the disease, providing the potential for a new standard of care for patients.”

    AstraZeneca PLC (NASDAQ: AZN) – New study results presented at the European Lung Cancer Congress (ELCC) 2025, March 26 to 29, demonstrate the role of AstraZeneca’s TAGRISSO® (osimertinib), as monotherapy and as the backbone for novel combinations, across stages and settings of epidermal growth factor receptor-mutated (EGFRm) non-small cell lung cancer (NSCLC). Highlights include:

    Myung-Ju Ahn, MD, PhD, Professor of Hemato-Oncology at the Department of Medicine, Samsung Medical Center, Sungkyunkwan University School of Medicine, Seoul, South Korea, said: “A critical goal in treating every patient with lung cancer is to not only extend a patient’s life but also maintain quality of life while on treatment. The continued overall survival trend seen here at ELCC in the unresectable Stage III setting and the promising data for combinations that can address progression in the advanced setting, together reinforce osimertinib as an effective, safe and convenient treatment for patients with EGFR-mutated lung cancer across stages and lines of treatment.”

    About FN Media Group:

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    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.

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    The MIL Network –

  • MIL-OSI: BIO-key Trims 2024 Net Loss 49% to $4.3M, Reflecting Higher Gross Margin and Lower Operating Costs, Offsetting 11% Revenue Decrease Due to Business Transition; Hosts Investor Call Today at 10am ET

    Source: GlobeNewswire (MIL-OSI)

    HOLMDEL, N.J., March 27, 2025 (GLOBE NEWSWIRE) — BIO-key® International, Inc. (Nasdaq: BKYI), an innovative provider of workforce and customer Identity and Access Management (IAM) solutions featuring passwordless, phoneless and token-less Identity-Bound Biometric (IBB) authentication, announced results for its fourth quarter (Q4’24) and year ended December 31, 2024 (2024). BIO-key’s 2023 results, which were restated and filed with the Company’s 2023 Form 10-K, are reflected in this release for comparison purposes. BIO-key will host an investor call today, Thursday, March 27th at 10:00am ET (details below).

    BIO-key CEO, Mike DePasquale commented, “From a strategic standpoint, we substantially strengthened our business in 2024, growing our high-margin software license fee revenue by 20% while exiting our low margin services relationship with Swivel Secure to focus on BIO-key solutions such as PortalGuard IAM and our Identity-Bound Biometrics. This transition away from Swivel Secure licensed solutions resulted in an 11% decline in 2024 revenue, but enabled us to substantially improve overall profitability despite lower revenue.

    “We also reduced operating expenses by 6% in 2024 and reduced cash used in operations by 23% to $2.91M in 2024 from $3.79M in 2023. With this transition behind us, we are in a much stronger position to grow and convert top-line revenue into bottom-line contribution.”

    Recent Highlights

    Mr. DePasquale, continued, “Moving forward, we are seeing very encouraging order demand for our solutions in national defense, financial services and education applications and particular strength in EMEA countries. We are seeing growing interest in our unique capabilities in passwordless, phoneless and tokenless authentication solutions which are best positioned to meet the most pressing security and usability challenges. Our biometric solutions are gaining solid traction in international markets across government, financial services and civil defense applications.

    “For example, in Q4’24 we secured a $910K contract with a long-time financial services client to implement our biometric identification technology across its branches. The customer has already enrolled fingerprint biometrics for over 25M end-users and is now upgrading to BIO-key’s “fingerprint-only,” one-to-many identification system. Our solution is expected to trim approximately 30 seconds from each customer interaction, resulting in both an improved customer experience and substantial long-term savings.

    “Our longstanding relationship with one of the world’s most esteemed defense ministries saw expanded deployment of our biometric solutions in 2024, a trend we expect to continue in 2025 and beyond. We currently provide authentication and digital security services for over 80,000 ministry personnel and believe that deployment could double or triple in coming years. To date, the ministry has generated $3.3M in total hardware and license revenue, and we are now working under a new long term procurement agreement initiated in Q3 2024.

    “This past January, we forged a partnership with the National Bank of Egypt, which is integrating BIO-key’s PortalGuard IAM platform and an industry-leading Identity Governance solution. This project, led by our partner, Raya Information Technology, leverages PortalGuard’s advanced IAM, MFA, and SSO capabilities to secure the digital identities of the bank’s 30,000 employees, and we believe there is potential down the road for this solution to be utilized with its customers.

    “BIO-key has also built an established and growing presence in education across over 100 institutions serving over 4M end users. In January, three additional colleges and universities migrated to PortalGuard IDaaS and the Wyoming Department of Education deployed PortalGuard IDaaS, adding a total of over 50,000 IDaaS end users. Building on this momentum, after an extensive RFP and review process, we executed a strategic partnership and Joint Purchase Agreement (JPA) with California’s Education Technology Joint Powers Authority (Ed Tech JPA). The agreement makes PortalGuard an approved IAM solution for the alliance’s 195 K-12 schools and districts, collectively serving over 2.6M students, uniquely positioning our offerings to comply solve Ed Tech JPA member IAM requirements, including compliance with emerging restrictions on the use of personal mobile devices in schools.

    “In an effort to seed future market opportunities, in December we announced a strategic collaboration with Fiber Food Systems to explore IAM use cases across the food industry. As part of this agreement, we also acquired shares of Boumarang, Inc. from Fiber in exchange for BIO-key stock. Boumarang is a pioneering force in sustainable, AI-driven, hydrogen-powered, long-range drone technology, a developing market with a clear need for a state-of-the-art IAM solutions. The equity exchange strengthened our balance sheet and paved the way to a strategic collaboration with Guinn Partners to integrate our biometric technology with Guinn’s expertise in IoT and autonomous systems, targeting applications across aerospace, defense, healthcare, logistics and smart cities. These initiatives will take time to develop, but we believe that each of them has the potential to create attractive new commercial opportunities for BIO-key.

    “We are off to a strong start in 2025 and believe we are well positioned to deliver improved top- and bottom-line performance. However, given the timing of large customer orders, our financial performance has the potential to fluctuate significantly on a quarter-to-quarter basis. Given increasing interest in our biometric solutions, growing adoption of passwordless, phoneless and tokenless IAM solutions, and the transition we executed in 2024 to a focus on higher-margin BIO-key solutions, we are very optimistic regarding our prospects this year. We remain focused on reducing costs to lower our breakeven level as we continue to explore new markets and strategic partnerships that could advance our path to sustained profitability and positive operating cash flow.”

    Financial Results
    Please note that the audit our FY2024 financial statements has not been completed by our independent registered public accounting firm as of the date of this press release and are therefore subject to change.

    2024 revenues decreased approximately 11% to $6.9M from $7.8M in 2023, largely due to BIO-key’s exit from a Swivel Secure Limited (SSL) distribution agreement and transition to selling BIO-key branded solutions in the EMEA region. The impact of this strategic decision contributed to more high-margin software license fee revenue and a reduction in services revenue from third-party products which carry a much lower gross margin. As a result, 2024 license fee revenue increased 20% to $5.2M in 2024 vs. $4.3M in 2023; service fees declined 50% to $1.1M in 2024 from $2.2 million in 2023; and hardware revenue declined 47% to $0.6M in 2024 from $1.2M in 2023.

    In Q4’24 license fee revenue increased 77% to $1.0M; services revenue decreased 28% to $0.3M and hardware revenue declined 88% to $0.1M, also reflecting the impacts of the strategic transition from SSL products and services toward BIO-key solutions.

    Gross profit grew to $5.6M in 2024 from $1.4M in 2023, due to a $3.6M hardware reserve taken in 2023 and the impact of growth in higher-margin license sales and a reduction in lower-margin services and hardware revenue. Exiting the SSL agreement contributed to lower costs to support deployments, including software license fees included in sales of Swivel Secure offerings vs. BIO-key’s internally developed software solutions. This resulted in gross profit increasing to $1.2M in Q4’24 vs. negative $95,496 in Q4’23, which included a $1.1M hardware reserve. Both Q4’24 and 2024 gross profit benefited from the sale of $213,005 of fully reserved hardware inventory.

    BIO-key reduced its operating expenses by $606,409 to $9.7M in 2024 from $10.3M in 2023, due to a reduction of SG&A costs by $722,563, partially offset by a $116,154 increase in research, development and engineering expense to support new product development. Proactive cost reductions included lower headquarters expenses, sales personnel costs, and marketing show expenses, partially offset by an increase in professional services, principally related to financing activities. BIO-key’s Q4’24 operating expenses were flat year-over-year at $2.6M.

    Reflecting greater gross profit and lower operating expenses, BIO-key’s 2024 net loss improved to $4.3M, or ($2.10) per share, from a net loss of $8.7M, or ($15.21) per share, in 2023. Similarly, BIO-key’s Q4’24 net loss improved to $1.6M, or ($0.53) per share, vs. $2.4M, or ($3.99) per share, in Q4’23. 2023 Results included hardware reserves of $3.6M and $1.086M in 2023 and Q4’23, respectively. 2024 results included a positive hardware reserve adjustment of $213,005 in Q4 for the sale of hardware that was previously reserved.

    Balance Sheet
    As of December 31, 2024, BIO-key had $1.9M of current assets, including $438,000 of cash and cash equivalents, $0.8M of net accounts receivable and due from factor, and $378,000 of inventory. This compares to current assets of $2.6M at December 31, 2023, including approximately $511,000 of cash and cash equivalents, $1.3M of net accounts receivable and due from factor, and $446,000 of inventory.

    Conference Call Details

    Date / Time: Thursday, March 27th at 10 a.m. ET
    Call Dial In #: 1-877-418-5460 U.S. or 1-412-717-9594 Int’l
    Live Webcast / Replay: Webcast & Replay Link – Available for 3 months.
    Audio Replay: 1-877-344-7529 U.S. or 1-412-317-0088 Int’l; code 6114035
       

    About BIO-key International, Inc. (www.BIO-key.com)

    BIO-key is revolutionizing authentication and cybersecurity with biometric-centric, multi-factor identity and access management (IAM) software securing access for over forty million users. BIO-key allows customers to choose the right authentication factors for diverse use cases, including phoneless, tokenless, and passwordless biometric options. Its hosted or on-premise PortalGuard IAM solution provides cost-effective, easy-to-deploy, convenient, and secure access to computers, information, applications, and high-value transactions.

    BIO-key Safe Harbor Statement
    All statements contained in this press release other than statements of historical facts are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 (the “Act”). The words “estimate,” “project,” “intends,” “expects,” “anticipates,” “believes” and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management’s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the “safe-harbor” provisions of the Act. These statements are not guarantees of future performance or events and are subject to risks and uncertainties that may cause actual results to differ materially from those included within or implied by such forward-looking statements. These risks and uncertainties include, without limitation, our history of losses and limited revenue; our ability to raise additional capital to satisfy working capital needs; our ability to continue as a going concern; our ability to protect our intellectual property; changes in business conditions; changes in our sales strategy and product development plans; changes in the marketplace; continued services of our executive management team; security breaches; competition in the biometric technology industry; market acceptance of biometric products generally and our products under development; our ability to convert sales opportunities to customer contracts; our ability to expand into Asia and other foreign markets; our ability to migrate Swivel Secure customers to BIO-key and Portal Guard offerings; fluctuations in foreign currency exchange rates; delays in the development of products, the commercial, reputational and regulatory risks to our business that may arise as a consequence of the restatement of our financial statements, including any consequences of non-compliance with Securities and Exchange Commission and Nasdaq periodic reporting requirements; our temporary loss of the use of a Registration Statement on Form S-3 to register securities in the future;, any disruption to our business that may occur on a longer-term basis should we be unable to continue to maintain effective internal controls over financial reporting, and statements of assumption underlying any of the foregoing as well as other factors set forth under the caption “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2023 and other filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, we undertake no obligation to disclose any revision to these forward-looking statements whether as a result of new information, future events, or otherwise.

    Engage with BIO-key

    Investor Contacts

    William Jones, David Collins
    Catalyst IR
    BKYI@catalyst-ir.com or 212-924-9800

     
    BIO-key International, Inc. and Subsidiaries
    CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
    (Unaudited)
     
      Three Months Ended     Twelve Months Ended  
      December 31,     December 31,  
      2024     2023     2024     2023  
    Revenues                              
    Services $ 344,444     $ 478,005     $ 1,108,506     $ 2,218,885  
    License fees   1,023,701       577,669       5,189,370       4,342,010  
    Hardware   94,133       769,427       631,695       1,194,010  
    Total revenues   1,462,278       1,825,101       6,929,571       7,754,905  
    Costs and other expenses                              
    Cost of services   73,317       221,940       396,274       861,936  
    Cost of license fees   146,122       152,000       589,505       1,174,919  
    Cost of hardware   255,927       460,157       516,611       700,231  
    Cost of hardware – reserve   (213,005 )     1,086,500       (213,005 )     3,586,500  
    Total costs and other expenses   262,361       1,920,597       1,289,385       6,323,586  
    Gross profit   1,199,917       (95,496 )     5,640,186       1,431,319  
                                   
    Operating Expenses                              
    Selling, general and administrative   1,815,155       2,040,438       7,140,147       7,862,710  
    Research, development and engineering   812,072       587,900       2,511,080       2,394,926  
    Total Operating Expenses   2,627,227       2,628,338       9,651,227       10,257,636  
    Operating loss   (1,427,310 )     (2,723,834 )     (4,011,041 )     (8,826,317 )
    Other income (expense)                              
    Interest income   57       5,589       110       11,533  
    Gain from sale of asset           20,000               20,000  
    Loss on foreign currency transactions   (13,004 )     (24,000 )     (13,004 )     (39,000 )
    Loan fee amortization   (60,000 )     –       (124,000 )     –  
    Change in fair value of convertible note   –       131,497       –       396,203  
    Interest expense   (66,932 )     (58,890 )     (175,755 )     (218,270 )
    Total other income (expense), net   (139,879 )     74,196       (312,649 )     170,466  
                                   
    Loss before provision for income tax   (1,567,189 )     (2,649,638 )     (4,323,690 )     (8,655,851 )
                                   
    Provision for (income tax) tax benefit   –       276,825       –       134,014  
                                   
    Net loss $ (1,567,189 )   $ (2,372,813 )   $ (4,323,690 )   $ (8,521,837 )
                                   
    Comprehensive loss:                              
    Net loss $ (1,567,189 )   $ (2,372,813 )   $ (4,323,690 )   $ (8,521,837 )
    Other comprehensive income (loss) – Foreign currency translation adjustment   (25,409 )     138,029       26,469       265,423  
    Comprehensive loss $ (1,592,598 )   $ (2,234,784 )   $ (4,297,221 )   $ (8,256,414 )
                                   
    Basic and Diluted Loss per Common Share* $ (0.53 )   $ (3.99 )   $ (2.10 )   $ (15.21 )
                                   
    Weighted Average Common Shares Outstanding*                              
    Basic and diluted   3,032,240       560,278       2,059,884       560,278  
     
    *Periods reflect impact of BIO-key’s 1-for-18 reverse stock split effective December 21, 2023.
     
    Please note that the audit our FY2024 financial statements has not been completed by our independent registered public accounting firm as of the date of this press release and are therefore subject to change. 
     
    BIO-key International, Inc. and Subsidiaries
    CONSOLIDATED BALANCE SHEETS
     
        December 31,  
        2024     2023  
    ASSETS                
    Cash and cash equivalents   $ 437,604     $ 511,400  
    Accounts receivable, net     718,229       1,201,526  
    Due from factor     74,170       99,320  
    Inventory, net of reserve     378,307       445,740  
    Prepaid expenses and other     278,648       364,171  
    Total current assets     1,886,958       2,622,157  
    Equipment and leasehold improvements, net     140,198       220,177  
    Capitalized contract costs, net     409,426       229,806  
    Deposits and other assets     7,976       –  
    Operating lease right-of-use assets     73,372       36,905  
    Other assets     5,000,000       –  
    Intangible assets, net     1,097,630       1,407,990  
    Total non-current assets     6,728,602       1,894,878  
    TOTAL ASSETS   $ 8,615,560     $ 4,517,035  
                     
    LIABILITIES                
    Accounts payable   $ 818,187     $ 1,316,014  
    Accrued liabilities     1,278,732       1,305,848  
    Note payable     1,525,977       –  
    Government loan – BBVA Bank, current portion     132,731       138,730  
    Deferred revenue – current     773,267       414,968  
    Operating lease liabilities, current portion     24,642       37,829  
    Total current liabilities     4,553,536       3,213,389  
    Deferred revenue, net of current portion     196,237       28,296  
    Deferred tax liability     22,998       22,998  
    Government loan – BBVA Bank, net of current portion     44,762       188,787  
    Operating lease liabilities, net of current portion     48,994       –  
    Total non-current liabilities     312,991       240,081  
    TOTAL LIABILITIES     4,866,527       3,453,470  
                     
    Commitments                
                     
    STOCKHOLDERS’ EQUITY                
    Common stock — authorized, 170,000,000 shares; issued and outstanding; 3,715,483 and 1,032,777 of $.0001 par value at December 31, 2024 and December 31, 2023, respectively     372       103  
    Additional paid-in capital     133,030,271       126,047,851  
    Accumulated other comprehensive loss     49,290       22,821  
    Accumulated deficit     (129,330,900 )     (125,007,210 )
    TOTAL STOCKHOLDERS’ EQUITY     3,749,033       1,063,565  
    TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY   $ 8,615,560     $ 4,517,035  
     
    All BIO-key shares issued and outstanding for all periods reflect BIO-key’s 1-for-18 reverse stock split, which was effective December 21, 2023.
     
    Please note that the audit our FY2024 financial statements has not been completed by our independent registered public accounting firm as of the date of this press release and are therefore subject to change. 
     
    BIO-key International, Inc. and Subsidiaries

    CONSOLIDATED STATEMENTS OF CASH FLOWS
     
        Years ended December 31,  
        2024     2023  
                     
    CASH FLOW FROM OPERATING ACTIVITIES:                
    Net loss   $ (4,323,690 )   $ (8,521,837 )
    Adjustments to reconcile net loss to cash used for operating activities:                
    Depreciation     93,026       75,136  
    Amortization of intangible assets and write-off     304,983       354,558  
    Interest payable on Note     164,589       –  
    Loss on foreign currency     13,004       39,000  
    Reserve for inventory     (213,005 )     3,586,500  
    Allowance for doubtful account     (372,532 )     750,000  
    Amortization of debt discount     124,000       –  
    Amortization of capitalized contract costs     175,900       171,291  
    Share based and warrant compensation for employees and consultants     225,245       226,725  
    Stock based fees to directors     18,006       39,007  
    Bad debt expense     100,000       100,000  
    Change in fair value of convertible note     –       (396,203 )
    Deferred income tax benefit     –       (134,014 )
    Amortization of operating lease right-of-use assets     79,521       –  
    Change in operating assets and liabilities:                
    Accounts receivable     855,829       (428,742 )
    Due from factor     25,150       (49,820 )
    Capitalized contract costs     (355,520 )     (118,028 )
    Deposits     (7,976 )     –  
    Right of use asset     (115,988 )     160,449  
    Inventory     280,438       402,129  
    Prepaid expenses and other     85,523       (21,465 )
    Accounts payable     (502,987 )     57,725  
    Income tax payable     –       (121,764 )
    Accrued liabilities     (27,116 )     275,561  
    Deferred revenue     526,240       (71,288 )
    Operating lease liabilities     (66,712 )     (168,376 )
    Net cash used for operating activities     (2,914,072 )     (3,793,456 )
    CASH FLOWS FROM INVESTING ACTIVITIES:                
    Capital expenditures     (13,047 )     (1,000 )
    Net cash used for investing activities     (13,047 )     (1,000 )
    CASH FLOWS FROM FINANCING ACTIVITIES:                
    Proceeds from public offerings             4,296,260  
    Repayment of convertible notes             (2,200,000 )
    Proceeds from the exercise of warrants     1,908,099       320  
    Costs incurred for issuance of common stock     (172,350 )     (561,367 )
    Proceeds from issuance of note payable     2,000,000       –  
    Repayment of note payable     (762,611 )     –  
    Repayment of government loan     (150,024 )     (119,251 )
    Proceeds from Employee Stock Purchase Plan     3,740       17,478  
    Net cash (used in) provided by financing activities     2,826,854       1,433,440  
    Effect of exchange rate changes     26,469       236,894  
    NET DECREASE IN CASH AND CASH EQUIVALENTS     (73,796 )     (2,124,122 )
    CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR     511,400       2,635,522  
    CASH AND CASH EQUIVALENTS, END OF YEAR   $ 437,604     $ 511,400  
     
    All BIO-key shares issued and outstanding for all periods reflect BIO-key’s 1-for-18 reverse stock split, which was effective December 21, 2023.
     
    Please note that the audit our FY2024 financial statements has not been completed by our independent registered public accounting firm as of the date of this press release and are therefore subject to change. 

    The MIL Network –

  • MIL-OSI: Liquidia Announces Poster Presentations at the American Thoracic Society (ATS) 2025 International Conference

    Source: GlobeNewswire (MIL-OSI)

    – Data from the ASCENT study of LIQ861 (YUTREPIA™) in PH-ILD patients highlights safety, tolerability, exploratory changes in six-minute walk distance, cardiac effort and quality of life

    – Case study highlights the long-term safety and tolerability of LIQ861 (YUTREPIA) in a PAH patient transitioning from parenteral treprostinil in INSPIRE study

    MORRISVILLE, N.C., March 27, 2025 (GLOBE NEWSWIRE) — Liquidia Corporation (NASDAQ: LQDA), a biopharmaceutical company developing innovative therapies for patients with rare cardiopulmonary disease, today announced the company will present three posters at the American Thoracic Society (ATS) 2025 International Conference, taking place May 18-21, 2025, in San Francisco. Two posters will highlight new data from the company’s open-label ASCENT study of LIQ861 (YUTREPIA) in PH-ILD patients with a focus on safety, tolerability, exploratory changes in 6-minute walk distance, quality of life, and changes in cardiac effort. A third poster is a case study of a patient with PAH participating in the open-label extension study (INSPIRE).

    Poster Discussion Session: Poster Board #1404
    Date and time: Tuesday, May 20, 2025 from 11:30 a.m. – 1:15 p.m. PT
    Presenting Author: Rajan Saggar, MD
    Abstract: An ASCENT to Week 8: Initial Safety and Exploratory Efficacy Data on LIQ861 Dry Powder Inhaled Treprostinil in PH-ILD Patients

    Poster Discussion Session: Poster Board #1401
    Date and time: Tuesday, May 20, 2025 from 11:30 a.m. – 1:15 p.m. PT
    Presenting Author: Daniel Lachant, MD
    Abstract: Changes in Cardiac Effort in Pulmonary Hypertension-Interstitial Lung Disease: Insights From the ASCENT Trial

    Poster Discussion Session: Poster Board #1464
    Date and time: Tuesday, May 20, 2025 from 11:30 a.m. – 1:15 p.m. PT
    Presenting Author: Rodolfo Estrada, MD
    Abstract: Transitioning From Parenteral Treprostinil to LIQ861 in a Patient With PAH

    Following the presentations, each poster will be available on the Publications page of Liquidia’s website at https://liquidia.com/publications.

    About YUTREPIA™ (treprostinil) Inhalation Powder 
    YUTREPIA is an investigational, inhaled dry-powder formulation of treprostinil delivered through a convenient, low-effort, palm-sized device. In August 2024, the FDA issued tentative approval of YUTREPIA for the PAH and PH-ILD indications. YUTREPIA was designed using Liquidia’s PRINT® technology, which enables the development of drug particles that are precise and uniform in size, shape and composition, and that are engineered for enhanced deposition in the lung following oral inhalation. Liquidia has completed INSPIRE, or Investigation of the Safety and Pharmacology of Dry Powder Inhalation of Treprostinil, an open-label, multi-center phase 3 clinical study of YUTREPIA in patients diagnosed with PAH who are naïve to inhaled treprostinil or who are transitioning from Tyvaso® (nebulized treprostinil). YUTREPIA is currently being studied in the ASCENT trial, an Open-Label Prospective Multicenter Study to Evaluate Safety and Tolerability of Dry Powder Inhaled Treprostinil in Pulmonary Hypertension, with the objective of informing YUTREPIA’s dosing and tolerability profile in patients with PH-ILD. YUTREPIA was previously referred to as LIQ861 in investigational studies.

    About Liquidia Corporation
    Liquidia Corporation is a biopharmaceutical company developing innovative therapies for patients with rare cardiopulmonary disease. The company’s current focus spans the development and commercialization of products in pulmonary hypertension and other applications of its proprietary PRINT® Technology. PRINT enabled the creation of Liquidia’s lead candidate, YUTREPIA™ (treprostinil) inhalation powder, an investigational drug for the treatment of pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD). The company is also developing L606, an investigational sustained-release formulation of treprostinil administered twice-daily with a next-generation nebulizer, and currently markets generic Treprostinil Injection for the treatment of PAH. To learn more about Liquidia, please visit www.liquidia.com.

    Contact Information

    Investors:
    Jason Adair
    Chief Business Officer
    919.328.4350
    jason.adair@liquidia.com

    Media:
    Patrick Wallace
    Director, Corporate Communications
    919.328.4383
    patrick.wallace@liquidia.com

    The MIL Network –

  • MIL-OSI: Element and Arval Celebrate 30 Year Alliance with Release of New Insights Focused on the Future of Fleet and Mobility 

    Source: GlobeNewswire (MIL-OSI)

    • Fleet and mobility stakeholders continue their fleet electrification strategies, with 85 per cent of them now shifting their focus to charging solutions and strategies.
    • 91 per cent of companies anticipate their fleet will either remain stable or grow in the next three years. 
    • Nearly half of the companies recognize that mobility policies and solutions are important levers for talent acquisition and employee retention.

    TORONTO, March 27, 2025 (GLOBE NEWSWIRE) — Element Fleet Management Corp. (TSX:EFN) (“Element” or the “Company”), the largest publicly traded, pure-play automotive fleet manager in the world, together with global alliance partner, Arval, a major player in vehicle leasing and specialist in mobility solutions, are marking the 30th anniversary of the Element-Arval Global Alliance (“EAGA” or the “Alliance”) with new insights published in the 2025 Fleet and Mobility Barometer.

    “Our global alliance uniquely offers our fleet and mobility customers the expertise and relationship management needed to deploy strategies across 55 different countries, ensuring solutions meet local needs and maintain very high quality standards,” says Bart Beckers, Chief Commercial Officer of Arval. “The Element-Arval Global Alliance purpose is to support and assist our international clients to successfully build and run their global fleet strategy.“

    For 30 years the EAGA has been a global leader within fleet and mobility management. To expand its presence in additional geographies, notably in Asia, the Alliance welcomed Sumitomo Mitsui Auto Service (SMAS) in 2023 and now counts eight members. With presence in 55 countries and the Alliance Members managing 4.5 million vehicles, the Alliance delivers comprehensive expertise and resources to empower their international clients across the globe, helping them to manage their fleets at a strategic, tactical, and operational level.

    “We greatly value the extensive relationship we’ve built with Arval and are proud that our global Alliance remains the longest standing across fleet and mobility,” says David Madrigal, Executive Vice President and Chief Commercial Officer. “The insights captured within the annual Fleet and Mobility Barometer we’ve produced together represent one of the many ways we leverage our partnership, shared expertise, and extensive global presence to deliver comprehensive, scalable, and tailored solutions to meet our clients’ needs across the globe.”

    The Fleet and Mobility Barometer (the “Barometer”) is an industry-leading annual publication of the Arval Mobility Observatory and Element-Arval Global Alliance, offering a robust and detailed look into evolving industry trends, and providing country-specific insights, deep-dive policy considerations, as well as industry-leading benchmarking. This year’s report addresses three main areas of fleet and mobility transformation: environmental sustainability, cost efficiency, and employee satisfaction.

    Key insights from the Barometer include:

    1. Companies are overwhelmingly prioritizing environmental sustainability through fleet electrification, with 85 per cent of the companies interviewed having a charging policy or planning to have one in the future. The report also highlights the varying rates of electrification between passenger cars and Light Commercial Vehicles (LCVs), with Europe leading the trend.
    2. Cost efficiency is being observed through innovative methods such as full-service leasing. Despite persistent economic and geopolitical challenges, 91 per cent of companies anticipate their fleet will either remain stable or grow in the next three years.
    3. Employee satisfaction is now at the centre of mobility and fleet transformation, with 45 per cent of companies mentioning human resource needs as the main reason for developing employee mobility policies and solutions. The report emphasizes the key role of telematics and connected vehicle technologies for promoting responsible driving, improving driver behavior, and reducing accidents.

    Initiated by the Arval Mobility Observatory nearly 20 years ago, Element joined the global Barometer in 2023 to expand benchmarking capabilities to include trends across the United States, Canada, Mexico, Australia, and New Zealand. This year’s benchmarking survey involves more than 8,000 interviews with corporate fleet decision-makers across 28 countries and provides a forward-looking perspective on the next three years. 

    To read more about the Element-Arval Global Alliance and the 2025 Fleet and Mobility Barometer, visit Global Fleet Management Solutions | Element-Arval Global Alliance – Element Arval.

    About Element Fleet Management
    Element Fleet Management (TSX: EFN) is the largest publicly traded pure-play automotive fleet manager in the world. As a Purpose-driven company, we provide a full range of sustainable and intelligent mobility solutions to optimize and enhance fleet performance for our clients across North America, Australia, and New Zealand. Our services address every aspect of our clients’ fleet requirements, from vehicle acquisition, maintenance, route optimization, risk management, and remarketing, to advising on decarbonization efforts, integration of electric vehicles and managing the complexity of gradual fleet electrification. Clients benefit from Element’s expertise as one of the largest fleet solutions providers in its markets, offering economies of scale and insight used to reduce operating costs and enhance efficiency and performance. At Element, we maximize our clients’ fleet so they can focus on growing their business. For more information, please visit: www.elementfleet.com

    About Arval:
    Arval is a major actor in full-service vehicle leasing and a specialist in mobility solutions founded in 1989. Arval is fully owned by BNP Paribas and positioned within the Group’s Commercial, Personal Banking & Services division. Arval was leasing nearly 1.8 million vehicles as of the end of 2024. Every day, nearly 8,600 Arval employees in 29 countries offer flexible solutions to make journeys seamless and sustainable for its customers, ranging from large international corporate groups to smaller companies and private customers.

    Arval is a founding member of the Element-Arval Global Alliance. The fleets of all the Alliance members represent more than 4.5 million vehicles in 55 countries.

    Arval has been rewarded with the highest level of the EcoVadis medal, the platinum level, placing its CSR strategy in the Top 1% of the companies assessed.
    www.arval.com

    About BNP Paribas:
    Leader in banking and financial services in Europe, BNP Paribas operates in 64 countries and has nearly 178,000 employees, including more than 144,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Türkiye, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.
    https://group.bnpparibas/en/

    This press release contains certain forward-looking statements and forward-looking information regarding Element, its business and the fleet industry, which are based upon Element’s current expectations, estimates, projections, assumptions and beliefs. In some cases, words such as “plan”, “expect”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “could”, “predict”, “project”, “model”, “forecast”, “will”, “potential”, “target, “by”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur are intended to identify forward-looking statements and forward-looking information. These statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in the forward-looking statements or information. Forward-looking statements and information in this news release may include, but are not limited to, statements with respect to, among other things, the Company’s expectations regarding new product offerings, including the benefits of the products, client demand and profitability, the Company’s ability to execute on its product plans, and the Company’s expectations regarding the risk and insurance industries. By their nature, these statements require us to make assumptions and are subject to inherent risks and uncertainties that may be general or specific, which give rise to the possibility that our predictions, forecasts, projections, expectations or conclusions will not prove to be accurate, that our assumptions may not be correct. External factors outside of Element’s reasonable control may impact our ability to achieve our goals and expectations, including industry dynamics, legislation and regulatory actions, the failure of third parties to comply with their obligations to us and our affiliates or associates, client decisions and preferences. These and other factors may cause actual results to differ materially from the expectations expressed in the forward-looking statements and may require Element to adjust its initiatives and activities. The forward-looking statements in this news release speak only as of the date hereof and are presented for the purpose of assisting our stakeholders and others in understanding our objectives and strategic priorities and may not be appropriate for other purposes. We do not undertake to update any forward-looking statement except as required by law. In addition, a discussion of some of the material risks affecting Element and its business appears under the heading “Risk Management & Risk Factors” in Element’s Management Discussion and Analysis for the twelve-month period ended December 31, 2023 and the three and nine-month period ended September 30, 2024, and under the heading “Risk Factors” in Element’s Annual Information Form for the year ended December 31, 2023, as well as Element’s other filings with the Canadian securities regulatory authorities, which have been filed on SEDAR+ and can be accessed on Element’s profile on www.sedarplus.com.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fa484c54-9cb4-4c81-835c-d59ab8841d95

    The MIL Network –

  • MIL-OSI: Primech Holdings Limited Provides Financial Updates and Corporate Highlights For the Six Months Ended September 30, 2024

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, March 27, 2025 (GLOBE NEWSWIRE) — Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-driven facilities services provider in the public and private sectors operating mainly in Singapore, provides a financial and corporate update coincident with the filing of the Company’s financial results for the six months ended September 30, 2024.

    Financial Highlights:

    • Revenue was approximately $36.9 million for the six months ended September 30, 2024, representing a 5.1% increase from the same period in 2023;
    • Gross Profit Margin increased from 16.4% for the six months ended September 30, 2023, to 22.5% for the six months ended September 30, 2024;
    • Sales and marketing expenses increased from approximately $11,000 for the six months ended September 30, 2023 to approximately $1.4 million for the six months ended September 30, 2024.
    • Loss from operations was approximately $0.9 million for the six months ended September 30, 2024, while profit from operations was approximately $0.3 million for the six months ended September 30, 2023.
    • Net loss was approximately $1.3 million for the six months ended September 30, 2024, while net income was approximately $0.2 million for the six months ended September 30, 2023.

    Operational and Corporate Highlights:

    • Primech launched Primech AI as an operating subsidiary focused on creating robotic-based solutions to meet the growing demand for efficient and autonomous cleaning technology. With patents pending, Primech AI is developing HYTRON, a fully autonomous AI-powered toilet cleaning robot featuring 3D-cleaning and electrolyzed water for enhanced efficiency. Primech AI showcased its HYTRON robot at the 2024 CleanEnviro Summit Singapore (CESG) in June, generating significant industry interest.
    • Primech’s subsidiary, Primech A & P Pte. Ltd., was nominated as a finalist for The Singapore Apex Corporate Sustainability Awards in the “LowCarbonSG” category. This recognition acknowledges the Company’s achievement of at least 5% improvement in Scope 1 and 2 carbon emissions over 24 months through strategic initiatives.

    Management Commentary:

    Kin Wai Ho, CEO of Primech Holdings Limited, commented, “While our financial results for this period reflect the significant investments we are making in technology and market development, we believe these strategic initiatives position us for substantial long-term growth and enhanced shareholder value. The increased marketing expenses reflect our commitment to expanding our market presence and promoting our innovative solutions, particularly our AI-powered cleaning technologies.”

    About Primech Holdings Limited
    Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.    

    About Primech AI
    Primech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visit www.primech.ai.

    Forward-Looking Statements
    Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

    Company Contact:
    Email: ir@primech.com.sg

    Investor Relations Contact:        
    Matthew Abenante, IRC
    President                                        
    Strategic Investor Relations, LLC                                         
    Tel: 347-947-2093
    Email: matthew@strategic-ir.com

    The MIL Network –

  • MIL-OSI: Brookfield Wealth Solutions Completes Annual Filings

    Source: GlobeNewswire (MIL-OSI)

    BROOKFIELD, NEWS, March 27, 2025 (GLOBE NEWSWIRE) — Brookfield Wealth Solutions Ltd. (NYSE, TSX: BNT) announced today the filing of its 2024 annual report, including audited financial statements for the year ended December 31, 2024, on Form 20-F with the SEC on EDGAR as well as with Canadian securities regulatory authorities on SEDAR+.

    These documents are available at bnt.brookfield.com, on the SEC’s website at www.sec.gov and on Brookfield Wealth Solutions’ SEDAR+ profile at www.sedarplus.ca. Hard copies will be provided to shareholders free of charge upon request.

    About Brookfield Wealth Solutions
    Brookfield Wealth Solutions Ltd. (NYSE, TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Each class A exchangeable limited voting share of Brookfield Wealth Solutions is exchangeable on a one-for-one basis with a class A limited voting share of Brookfield Corporation (NYSE, TSX: BN).

    For more information, please visit our website at bnt.brookfield.com or contact:

    Media:
    Kerrie McHugh
    Tel: +1.212.618.3469
    Email: kerrie.mchugh@brookfield.com    		 Investor Relations:
    Rachel Schneider
    Tel: +1.416.369.3358
    Email: rachel.schneider@brookfield.com

    The MIL Network –

  • MIL-OSI Africa: Congo’s Hydrocarbons Minister Endorses Congo Energy & Investment Forum (CEIF) 2026, Eyes 500,000 bpd Production Target

    Source: Africa Press Organisation – English (2) – Report:

    BRAZZAVILLE, Congo (Republic of the), March 27, 2025/APO Group/ —

    H.E. Bruno Jean-Richard Itoua, Minister of Hydrocarbons of the Republic of Congo, has endorsed the continuation of the Congo Energy & Investment Forum (CEIF) through 2026, emphasizing its role in supporting the country’s ambitious production targets. During a Fireside Chat with Daisy Portella at the Congo Energy & Investment Forum 2025, Minister Itoua said, “Considering Congo’s objective to reach 500,000 barrels per day in the next three years, I want CEIF to be held annually for the next three years.”

    Minister Itoua also announced plans to revise the 2016 Hydrocarbons Code to make it more attractive and modern. Minister Itoua announced that the revision is part of the ministry’s strategy to enhance oil production by developing marginal fields. “We are working on revisiting the 2016 Hydrocarbons Code to modernize it and make it more attractive,” he stated.

    Discussing marginal fields, he outlined opportunities for local companies. “Marginal fields provide immediate cash flow. They require only minimal additional investment and are within the reach of national companies. “With the African Petroleum Producers Organization countries, we are considering this approach. Once we master this, we can move on to exploration.” He encouraged local players’ participation, adding, “We want to see national companies become true industrial players. There are opportunities for national oil companies to partner and grow.”

    Minister Itoua shared the same objective for the Société Nationale des Pétroles du Congo (SNPC), stating, “SNPC holds some marginal fields, such as Konkuala. I want to see SNPC become the Perenco of Congo. I intend to propose new offshore marginal fields to SNPC.”

    As part of this strategy, Minister Itoua plans to launch a new licensing round soon to attract investment in deepwater, marginal fields, and gas assets. “There may be a session soon to launch the new licensing round with Energy Capital & Power. We want to give access to deepwater acreage, some marginal fields, and a special bid round focused on gas,” he stated.

    The Minister also emphasized the growing importance of gas in the country’s energy strategy. “We have accelerated the adoption of a gas code and we intend to create the Office Congolais du Gaz to serve as a local intermediary for stakeholders in the gas value chain,” he said. “We are ready to discuss and support any gas project.”

    Minister Itoua sees gas as a transition fuel that will enable Congo to achieve energy security while highlighting the continued need for fossil fuels. “Studies show that until 2040, the global energy mix will still require 40% fossil energy,” he noted. “Africa is working for the world, and gas is now recognized as the ideal transition fuel.”

    MIL OSI Africa –

  • MIL-OSI Africa: Appointment of Dr. Khalid Khalafalla as Acting Chief Executive Officer of Islamic Corporation for the Development of the Private Sector (ICD)

    Source: Africa Press Organisation – English (2) – Report:

    JEDDAH, Saudi Arabia, March 27, 2025/APO Group/ —

    The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank (IsDB) Group, is pleased to announce that its Board of Directors has approved the appointment of Dr. Khalid Khalafalla as Acting Chief Executive Officer (CEO), effective 19 March 2025. 

    Dr. Khalafalla brings extensive experience from his career within the IsDB Group. Since December 2024, he has been serving as CEO of the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).   

    The Chairman of ICD’s Board of Directors, congratulated Dr. Khalafalla on his appointment and expressed the Board’s full confidence and support as he takes on this important responsibility. 

    MIL OSI Africa –