Source: Federal Bureau of Investigation (FBI) State Crime Alerts (c)
Eleven defendants were charged in connection with a drug trafficking organization that transported suitcases stuffed with illegal drugs from California to Ohio.
Category: Finance
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MIL-OSI: Notice of optional redemption of bonds due 23 December 2029
Source: GlobeNewswire (MIL-OSI)
Dated 24 March 2025
Notice to the bondholders of EUR 20,000,000 6.15 % Tier 2 Subordinated Bonds due 23 December 2029 (ISIN: LT0000404287) (the “Bonds”).
THIS NOTICE CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) No 596/2014 (“MAR”)
THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF BONDHOLDERS. IF BONDHOLDERS ARE IN ANY DOUBT AS TO THE ACTION THEY SHOULD TAKE, THEY SHOULD CONSULT THEIR OWN INDEPENDENT PROFESSIONAL ADVISERS IMMEDIATELY.
THIS NOTICE DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER, INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF AKCINĖ BENDROVĖ ŠIAULIŲ BANKAS.
Akcinė bendrovė Šiaulių bankas (Tilžės gatvė 149, Šiauliai, LT-76348, Lithuania, LEI 549300TK038P6EV4YU51) (the “Issuer”) hereby gives notice to the bondholders (the “Bondholders”) of the Bonds, that pursuant to Terms & Conditions of the Bonds approved on 20 December 2019 and provided for in the prospectus approved on 27 April 2020 for the purpose of admission of the Bonds to trading on regulated market and on 20 March 2025 having received permission of the European Central Bank, the Issuer will exercise its optional early redemption call to fully redeem the outstanding Bonds on 24 April 2025 (the “Redemption Date“) at 100 % of the principal amount of the Bonds outstanding (EUR 10,000 for each Bond) together with accrued and unpaid interest on the Bonds (EUR 205.56 for each Bond) up to the Redemption Date (total redemption amount for each Bond shall be EUR 10205.56), having satisfied the applicable conditions to redemption.
The Issuer will request the cancellation of the listing of the Bonds on the Bond List of Nasdaq Vilnius AB (“Nasdaq Vilnius“) and the admission to trading on the Regulated Market of Nasdaq Vilnius, in each case with effect from (and including) the Redemption Date.
This notice is issued and directed only to the Bondholders and no other person shall, or is entitled to rely or act on, or be able to rely or act on, its contents and should not be relied upon by any Bondholder for any other purpose.
Terms used but not defined in this notice bear the same meaning as set out in, or incorporated by reference into, the Conditions.
For the purposes of MAR the person responsible for arranging for the release of this announcement is Tomas Varenbergas (Head of Investment Management Division) and should any Bondholder have any queries in relation to this notice please contact:
Tomas Varenbergas
Head of Investment Management Division
tomas.varenbergas@sb.ltAttachment
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MIL-OSI: Orange Bank & Trust Promotes Two Officers to Support the Growth of Orange Wealth Management
Source: GlobeNewswire (MIL-OSI)
MIDDLETOWN, N.Y., March 24, 2025 (GLOBE NEWSWIRE) — Orange Bank & Trust Company (the “Bank”), the banking subsidiary of Orange County Bancorp, Inc. (the “Company” – Nasdaq: OBT), is pleased to announce the promotion of two officers to support the ongoing expansion of Orange Wealth Management. Carla Alfieri has been promoted to Senior Vice President, Director of Private Banking and Jacqueline Weimmer will serve as Director of Trust Services.
As Senior Private Banking Officer, Alfieri will lead the Bank’s private banking division, focusing on managing relationships with high-net-worth clients. She will oversee the development of personalized financial solutions, identify new opportunities to grow the sector and implement strategic plans to enhance the private banking client experience. The Bank’s northern private banking and southern private banking departments will report directly to Alfieri.
Alfieri joined the Bank in 1988 as part of the Branch staff, advancing through numerous supervisory, management, and AVP positions including Senior Customer Service Representative, Assistant Branch Manager, AVP and Branch Manager, AVP and Business Development Officer, Corporate Training and Development Specialist, and most recently, VP and Senior Private Banker. She began working in Private Banking in 2018 and has played a significant role in the creation and success of the service, which now has more than 700 clients.
In her new role as Director, Weimmer will oversee the Trust Services division with a focus on business development efforts. She will manage client relationships and provide strategic direction to the Bank’s comprehensive trust and estate planning solutions, ensuring clients’ intentions are implemented effectively and efficiently. The Bank’s Special Needs Trust (SNT), Trust & Estates and Trust Operations departments will report directly to Weimmer.
She joined the Bank’s Trust Services Department in 2023 as First Vice President, Trust Officer, and Manager of the SNT and Guardianship Department in Mount Vernon. Weimmer previously worked for Comerica Bank in New York City, where she was Vice President and National Manager of the Special Needs Solutions Team. She has extensive experience with the intricacies of SNT administration and has focused her career on trust and estate planning for individuals with disabilities. She also has broad experience in managing personal trust accounts. She is a court-appointed Special Advocate for children in the foster care system and sits on the board of Care Point Health at Bayonne Hospital.
“We are delighted to welcome Carla and Jacqueline to their new roles as part of Orange Wealth Management,” said David Dineen, EVP, Senior Managing Director of Orange Wealth Management. “They have each demonstrated exceptional leadership and dedication to our clients. We know their expertise and commitment will continue to drive our mission of providing personalized, high-quality services.”
About Orange County Bancorp Inc.
Orange County Bancorp, Inc. is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. Orange Bank & Trust Company is an independent bank that began with the vision of 14 founders over 130 years ago. It has grown through ongoing innovation and an unwavering commitment to its community and business clientele to 2.5 billion in total assets. Hudson Valley Investment Advisors, Inc. is a Registered Investment Advisor in Goshen, NY. It was founded in 1996 and was acquired by the Company in 2012. In recent years, Orange Bank & Trust has added branches in Rockland, Westchester and the Bronx.Contact:
Candice Varetoni
AVP Marketing Officer
cvaretoni@orangebanktrust.com
Orange Bank & Trust Company -
MIL-OSI: BexBack Brings 100x Leverage, Double Deposit Bonus, and No KYC to Crypto Futures Trading
Source: GlobeNewswire (MIL-OSI)
SINGAPORE, March 24, 2025 (GLOBE NEWSWIRE) — The cryptocurrency landscape is shifting, and BexBack is leading the charge with a groundbreaking approach to crypto futures trading. As the market evolves, many traders face challenges with complex KYC procedures, limited leverage, and high fees. But BexBack is here to change all of that, offering 100x leverage, no KYC, and an incredible double deposit bonus to help traders maximize their potential with ease.
Whether you’re a seasoned trader or just beginning your journey, BexBack makes it simple for anyone, anywhere to access 100x leverage on crypto futures, without the need for identity verification, and double your funds instantly with the 100% deposit bonus. This offers you the power to trade with confidence and flexibility.
What Is 100x Leverage?
100x leverage allows you to control a much larger trading position with a smaller initial deposit. For example, with 1 BTC and 100x leverage, you can trade as if you had 100 BTC, giving you the potential for much higher returns in a volatile market. It’s a powerful tool that allows traders to maximize their profits—though it’s important to manage risk effectively to avoid liquidation.
What Is the 100% Deposit Bonus and How Does It Work?
The 100% deposit bonus means that when you deposit 0.001 BTC or equivalent in other cryptocurrencies, you will receive an instant 100% bonus on each deposit. This is not just limited to your first deposit but applies to every deposit you make. For example, deposit $10,000, and you’ll trade with $20,000. This bonus is an excellent way to increase your trading power, giving you more margin and more opportunities to profit. However, the bonus cannot be withdrawn directly, but it can be used to open larger positions and increase your overall potential profits.
Who Can Trade on BexBack Without KYC?
BexBack offers a no KYC (Know Your Customer) policy, meaning you can start trading immediately without the need for identity verification. Whether you’re new to crypto or a seasoned trader, this quick registration process ensures you can dive straight into trading without delays. It’s perfect for those who value privacy and don’t want to go through the tedious paperwork that other platforms require.
What Is BexBack?
BexBack is a cutting-edge cryptocurrency exchange specializing in futures trading with up to 100x leverage. The platform is designed to provide users with a seamless, secure, and powerful trading experience. BexBack operates globally, offering traders access to major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP (Ripple), and Cardano (ADA). Based in Singapore, with a rapidly growing user base across over 200 countries, BexBack is committed to providing exceptional service and
Why Choose BexBack? What Are the Key Advantages?
- 100x Leverage for All Traders – Amplify your trading potential with up to 100x leverage on your positions.
- No KYC Required – Start trading immediately without needing to provide identity documents.
- 100% Deposit Bonus – Double your funds instantly with a 100% deposit bonus on every deposit.
- Demo Account – Practice risk-free with a demo account offering 10 BTC in virtual funds to simulate real trading scenarios without any risk.
- High-Speed Trading – No slippage, no spreads, and fast execution.
- Comprehensive Support – 24/7 customer support to help you with any issues or queries.
- Global Access – Trade from anywhere, anytime, with access to a global user base.
Start Trading on BexBack Today
Whether you’re looking to maximize profits in volatile markets, gain access to high-leverage trading, or simply enjoy a no-KYC trading experience, BexBack has everything you need to succeed.
Sign up now at www.bexback.com and claim your 100% deposit bonus along with a $50 welcome bonus. Take control of your crypto trading journey with BexBack today!
Website: www.bexback.com
Contact: business@bexback.com
Contact:
Amanda
business@bexback.comDisclaimer: This press release 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.
A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/e4eda04a-58b6-4d5d-a59b-222ad9e04a77
https://www.globenewswire.com/NewsRoom/AttachmentNg/8737ae09-12f8-4d64-bed7-19330ee52b4d
https://www.globenewswire.com/NewsRoom/AttachmentNg/3db01699-e1c9-4934-8967-5974b4f30ed0
https://www.globenewswire.com/NewsRoom/AttachmentNg/3c9c74b5-9d81-42dd-bdf5-380a84d4ff55 -
MIL-OSI: BYDFi Officially Launches Nillion Token, Opening NIL/USDT Spot Trading
Source: GlobeNewswire (MIL-OSI)
SINGAPORE, March 24, 2025 (GLOBE NEWSWIRE) — Global crypto exchange BYDFi officially announces the launch of the Nillion token (NIL). Users will be able to trade the NIL/USDT spot pair, marking the first appearance of Nillion’s native token on the platform and accelerating the adoption of privacy-preserving computation across various industries.
Nillion: Humanity’s first blind computer
In today’s fast-evolving digital world, the risks of data breaches and personal information misuse are escalating. High-profile data scandals, such as the Cambridge Analytica incident, have exposed significant privacy vulnerabilities in modern society. As artificial intelligence (AI) technology becomes increasingly prevalent, safeguarding personal data privacy is now more critical than ever.
Nillion addresses this challenge with innovative solutions. As humanity’s first “blind computer,” Nillion leverages privacy-enhancing technologies (PETs) such as Multi-Party Computation (MPC), Homomorphic Encryption, and Zero-Knowledge Proofs (ZKPs) to ensure that data remains private and secure throughout its transmission and processing. These groundbreaking technologies resolve the inherent conflict between privacy protection and efficiency in blockchain technology, enabling privacy-preserving applications across AI, DeFi, and data storage industries without exposing raw data.
Strategic Partnerships and Innovative Applications of Nillion
Nillion’s technology has already gained recognition from several leading industry projects, forming strategic partnerships with companies like Meta, Virtuals Protocol, and Ritual. These partnerships span key areas such as AI privacy computation, decentralized inference, and medical data governance. Nillion’s network has surpassed 500,000 validation nodes, showcasing its robust ecosystem growth.
Nillion’s innovative technology has substantial potential in the following areas:
- Privacy AI: Enabling compliant medical imaging analysis and financial fraud detection model training.
- Web3 Finance: Providing an off-chain data privacy computation layer for decentralized finance (DeFi) protocols, ensuring privacy for transactions and data processing.
- Enterprise Applications: Assisting enterprises in building secure, GDPR-compliant data collaboration networks, enhancing data governance.
NIL Token: The Core Utility Token of Nillion’s Ecosystem
As the core utility token of the Nillion network, $NIL is used to pay for computation services, data storage fees, transaction costs, and serves key roles in ecosystem governance, node incentives, and network resource consumption. $NIL has secured strategic investments from top-tier institutions such as Binance Labs and Hashkey Capital, providing a strong financial foundation for its growth.
BYDFi Brings Rewarding Benefits and Easy Deposit Options
As one of the first exchanges to list the NIL token, BYDFi is offering substantial rewards to new users, with the opportunity to claim up to 8100 USDT in bonuses. Additionally, BYDFi features a convenient “Buy Crypto” option, enabling users to quickly purchase Nillion (NIL) via credit cards, debit cards, Google Pay, Apple Pay, or by using their wallet balance for trading. BYDFi supports fiat deposits from over 150 countries and regions worldwide, making it easier for global users to participate in the NIL token trading.
About BYDFi
Founded in 2020, BYDFi is recognized as one of the top 10 best crypto exchanges globally by Forbes, trusted by over 1,000,000 users worldwide. Its upcoming product, “MoonX,” is a specialized memecoin trading tool designed for Degen traders. MoonX offers over 500,000 trading pairs, combined with smart trading tools, comprehensive market analysis, and advanced tech architecture to help users track smart money and target the next 1000x memecoin. BYDFi is committed to providing every user with a world-class crypto trading experience. BUIDL Your Dream Finance.
- Official Website: https://www.bydfi.com
- Customer Support: CS@bydfi.com
- Business Inquiries: BD@bydfi.com
- Media Inquiries: media@bydfi.com
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MIL-OSI: Community Financial System Announces First Quarter 2025 Earnings Conference Call
Source: GlobeNewswire (MIL-OSI)
SYRACUSE, N.Y., March 24, 2025 (GLOBE NEWSWIRE) — Community Financial System, Inc. (NYSE: CBU) invites you to participate in a conference call to discuss the Company’s financial and operating performance for the first quarter ended March 31, 2025.
Event: Earnings Conference Call – First Quarter 2025 When: Tuesday, April 29, 2025 at 11:00 a.m. Eastern Time How: By conference call or from a simultaneous web cast Access: Conference Call Dial-In: 1-833-630-0464 1-412-317-1809 – Outside the U.S. & Canada Webcast: https://app.webinar.net/OyoNkJ8Q5nX Dimitar Karaivanov, Chief Executive Officer and President, along with Marya Wlos, incoming Executive Vice President and Chief Financial Officer, succeeding Joseph E. Sutaris, who will subsequently transition to Senior Vice President, Head of Investor Relations effective March 31, 2025, will provide an overview of the Company’s first quarter 2025 results. The management presentation will last approximately 15 minutes, followed by investor questions and discussion.
The Company’s results for the quarter will be released before the market opens on April 29, 2025, and will also be available in the ‘News’ section of the Company’s website at https://communityfinancialsystem.com.
The call will also be archived on the Company’s website for one year and can be accessed at any time and at no cost during this period.
About Community Financial System, Inc.
Community Financial System, Inc. is a diversified financial services company that is focused on four main business lines – banking, employee benefit services, insurance services and wealth management services. Its banking subsidiary, Community Bank, N.A., is among the country’s 100 largest banking institutions with over $16 billion in assets and operates approximately 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont, and Western Massachusetts. The Company’s Benefit Plans Administrative Services, Inc. subsidiary is a leading provider of employee benefits administration, trust services, collective investment fund administration, and actuarial consulting services to customers on a national scale. The Company’s OneGroup NY, Inc. subsidiary is a top 66 U.S. insurance agency. The Company also offers comprehensive financial planning, trust administration and wealth management services through its Wealth Management operating unit. The Company is listed on the New York Stock Exchange and the Company’s stock trades under the symbol CBU. For more information about the Company visit www.cbna.com or www.communityfinancialsystem.com.
For further information contact:
Joseph Sutaris,
E.V.P. and Chief Financial Officer
(315) 445-7396 -
MIL-OSI Security: Former Office Manager of Senior Assisted Living Facility Sentenced to More Than Five Years in Prison for $1.5 Million Embezzlement Scheme
Source: Federal Bureau of Investigation FBI Crime News (b)
ASHEVILLE, N.C. – U.S. Attorney Russ Ferguson announced today that Amy Elizabeth Curry, 48, Waynesville, N.C., was sentenced to 70 months in prison followed by three years of supervised release for embezzling at least $1.5 million from a senior assisted living facility. In addition to the prison term imposed, Curry was ordered to pay the facility $1,469,407.24 in restitution.
Robert M. DeWitt, Special Agent in Charge of the Federal Bureau of Investigation (FBI) in North Carolina, and Sheriff William Wilke of the Haywood County Sheriff’s Office, join U.S. Attorney Ferguson in making today’s announcement.
According to court records and proceedings, Curry worked as an office manager and bookkeeper at Silver Bluff, LLC (Silver Bluff), a senior living and care facility in Canton, N.C. As part of her duties, Curry had access to and control over Silver Bluff’s bank accounts and accounting records. From December 2022 to April 2023, Curry made at least 154 unauthorized bank transfers totaling over $1.5 million from the facility’s bank accounts to bank accounts controlled by Curry and her then-boyfriend, J.C. To avoid detection, Curry deleted the wire transfer history from Senior Bluff’s bank accounts and altered the notification settings to prevent Silver Bluff employees and management from receiving alerts. Curry also made handwritten notes on Senior Bluff’s bank statements, falsely noting that the fraudulent transfers were for payroll. Court records show that Curry used the embezzled funds to pay for personal expenses, including to purchase a pick-up truck. Curry and J.C. also spent over $700,000 of the embezzled funds gambling at casinos.
On December 11, 2023, Curry pleaded guilty to wire fraud. Curry will be ordered to report to the Federal Bureau of Prisons to begin serving her sentence upon designation of a federal facility.
In making today’s announcement, U.S. Attorney Ferguson thanked the FBI and the Haywood County Sheriff’s Office for their investigation of the case.
The U.S. Attorney’s Office in Asheville prosecuted the case.
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MIL-OSI Security: Detroit Man Arrested, Charged for Multiple Bank Robberies, Incidental Crimes
Source: Federal Bureau of Investigation FBI Crime News (b)
Dorian Trevor Sykes, 41, of Detroit, was arrested on Tuesday, March 18, 2025, and charged with bank robbery and incidental crimes in Sterling Heights, Michigan, and Lathrup Village, Michigan, announced Cheyvoryea Gibson, special agent in charge of the FBI in Michigan.
Joining Special Agent in Charge Cheyvoryea Gibson in the announcement is Sterling Heights Police Department Captain Mario Bastianelli and Lathrup Village Police Department Chief Scott Mckee.
“Bank robberies are serious federal violent crimes that endanger and often traumatize the patrons and the employees of the bank,” said Cheyvoryea Gibson, special agent in charge of the FBI in Michigan. “Mr. Sykes allegedly threatened force against employees if his demands were not met, and it goes without saying that the FBI will not tolerate this level of violence in our community. With the help of our law enforcement partners, we hope that Mr. Sykes will face the appropriate consequences for his actions.”
According to court records, on March 6, 2025, at approximately 11:50 A.M., Sykes allegedly entered Credit Union One in Sterling Heights, Michigan, approached the teller counter and retrieved a piece of paper from a folder and handed it to the teller. After the teller was not able to read the note, the subject stated, “This is a robbery,” and demanded that the teller give him “big bills”. The teller handed the robber approximately $10,169.00. The robber grabbed the money and the note and fled the bank.
On March 12, 2025, at approximately 4:40 p.m. Sykes allegedly entered the Chase Bank in Lathrup Village, Michigan. He approached the teller and provided her a withdrawal slip, which stated, “Give me all the money… I have a gun… I will kill everyone in here.” The robber also pointed to his right side, implying that he had a weapon. The teller handed the robber approximately $3,400. The robber took the money and left the bank.
Witness statements and surveillance camera footage suggest the March 12 robber’s physical description matches that of the March 6.
“This arrest is a testament to the dedication and collaboration of our law enforcement partners,” said Sterling Heights Police Department, Captain Mario Bastianelli. “Through diligent investigative work and coordinated intelligence sharing, we were able to bring this suspect to justice and prevent further criminal activity.”
Sykes is on federal supervised release since February 2024, arising out of a conviction associated with a bank robbery in 2020. Sykes appeared in federal court on March 18, 2025. If convicted, Sykes faces a statutory maximum penalty of 20 years in prison for bank robbery.
A criminal complaint is merely an allegation, and the defendant is presumed innocent until proven guilty beyond a reasonable doubt in a court of law.
This investigation is part of the collaborative efforts of the FBI Macomb County Gang and Violent Crime Task Force, Sterling Heights PD, Clinton Township PD, Macomb County Sheriff’s Office, U.S. Border Patrol, Utica PD, Eastpointe PD, Michigan State Police, Livonia PD, Detroit PD, Redford PD, and Lathrup Village PD.
This case is being prosecuted by the United States Attorney’s Office for the Eastern District of Michigan.
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MIL-OSI: ZOOZ Power’s Kinetic Power Booster Powers Ultra-Fast EV Charging at New York Power Authority Work Site in Upstate New York
Source: GlobeNewswire (MIL-OSI)
Tel-Aviv, Israel, March 24, 2025 (GLOBE NEWSWIRE) — ZOOZ Power (Nasdaq and TASE: ZOOZ), a leading provider of flywheel-based power boosters and energy management systems enabling ultra-fast EV charging solutions, is successfully operating its ZOOZTER™-100 kinetic power booster at a New York Power Authority (NYPA) work site in Marcy, N.Y. This, the first deployment of ZOOZ Power’s technology in a power utility in the United States is a significant step toward accelerating the adoption of ultra-fast EV charging in locations with grid constraints.
The ZOOZTER™-100 system, installed in partnership with NYPA, is now actively boosting the grid power and efficiency at the site’s high-power EV charging station. This enables faster and more accessible charging for NYPA fleet and other electric vehicles, delivers extra power to the grid, and intelligently manages the energy distribution with its energy management solution. By leveraging advanced flywheel technology, the system delivers high-power bursts to chargers without placing excessive strain on the local grid, demonstrating a sustainable and cost-effective solution for expanding charging infrastructure.
ZOOZ Power and NYPA are closely monitoring the site’s performance to optimize operations and assess the potential for broader implementation at additional locations.
Launching this first U.S. deployment in the utility market marks an important step in ZOOZ Power’s expansion in North America and its mission to provide high-power, sustainable EV charging solutions worldwide.
“We are thrilled to see our ZOOZTER™-100 in action at this New York Power Authority site and to be able to contribute to the expansion of ultra-fast charging capabilities in New York,” said Erez Zimerman, CEO at ZOOZ Power. “This successful site showcases our commitment to supporting the transition to cleaner transportation with innovative, energy-efficient solutions. The ZOOZTER100’s operation demonstrates how it can assist companies to deploy ultra-fast charges without gird limitations.”
Alan Ettlinger, NYPA Senior Director of Research, Technology Development and Innovation said, “The integration of ZOOZ Power’s kinetic power boosting technology at our Marcy site is an example of offsetting grid limitations. As we look to further expand EV fast charging in New York State, it is increasingly important to employ innovative solutions that demonstrate flexibility and reliability.”
About ZOOZ Power
ZOOZ is a leading provider of flywheel-based power boosting and energy management solutions, enabling the widespread deployment of ultra-fast charging infrastructure for electric vehicles (EVs) while overcoming existing grid limitations.
ZOOZ pioneers its unique flywheel-based power-boosting technology, enabling efficient utilization and power management of a power-limited grid at an EV charging site. Its Flywheel technology allows high-performance, reliable, and cost-effective ultra-fast charging infrastructure.
ZOOZ Power’s sustainable, power-boosting solutions are built with longevity and the environment in mind, helping its customers and partners accelerate the deployment of fast-charging infrastructure, thus facilitating improved utilization rates, better efficiency, greater flexibility, and faster revenues and profitability growth. ZOOZ is publicly traded on NASDAQ and TASE under the ticker ZOOZ
For more information, please visit: www.zoozpower.com/
Investor Contact:
Miri Segal – CEO
MS-IR LLC
msegal@ms-ir.comMedia enquiries:
Media@zoozpower.comForward-Looking Statement
This press release contains “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended, and the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on the current beliefs, expectations, and assumptions of ZOOZ Power. All statements other than statements of historical facts contained in this press release, including statements regarding ZOOZ Power, and any of ZOOZ Power’s strategy, future operations and statements related to the collaboration between ZOOZ Power and NYPA (including the performance, benefits and potential outcome of the installation and launch of the ZOOZTER™-100 system at the NYPA work site in Marcy, N.Y. and of the collaboration between the parties) are forward-looking statements. These statements involve known and unknown risks, uncertainties and other important factors that may cause ZOOZ Power’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks and other risks and uncertainties are more fully discussed in the “Risk Factors” section of ZOOZ’s most recent Annual Report on Form 20-F as filed with the U.S. Securities and Exchange Commission (“SEC”) as well as other documents that may be subsequently filed by the Company from time to time with the SEC. The words “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements include, but are not limited to, statements relating to the limited operating history and evolving business model that make it difficult for investors to evaluate ZOOZ Power’s business and future prospects, material weaknesses identified in ZOOZ Power’s internal control over financial reporting and the potential results of ZOOZ Power being unable to remediate these material weaknesses, or identify additional material weaknesses in the future or otherwise failure to maintain an effective system of internal control over financial reporting, ZOOZ Power’s management’s determination that substantial doubt exists about the continued existence of ZOOZ Power as a “going concern”, changes to fuel economy standards or changes to governments’ regulations and policies in relation to environment or the success of alternative fuels which may negatively impact the EVs market and thus the demand for ZOOZ Power’s products, delays in deployment of public ultra-fast charging infrastructure which may limit the need and urgency for ZOOZ Power’s products, the potential outcome of ZOOZ Power’s collaborations with third parties for installation of its flywheel-based power boosting solution, and conditions in Israel and in the Middle East, including the effect of the evolving nature of the ongoing “Swords of Iron” war, may adversely affect ZOOZ Power’s operations. These forward-looking statements are only estimations, and ZOOZ Power may not actually achieve the plans, intentions or expectations disclosed in any forward-looking statements, so you should not place undue reliance on any forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in forward-looking statements made in this Press Release. Management of ZOOZ Power has based these forward-looking statements largely on current expectations and projections about future events and trends that such persons believe may affect ZOOZ Power’s business, financial condition and operating results. Forward-looking statements contained in this Press Release are made as of the date hereof, and none of ZOOZ Power or any of its representatives or any other person undertakes any duty to update such information except as may be expressly required under applicable law.
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MIL-OSI Africa: Home Affairs upgrades digital verification system
Source: South Africa News Agency
The Department of Home Affairs has announced a comprehensive upgrade to its digital verification system, a crucial component of national security, as well as both public and private sector services in South Africa.
The verification system enables government departments, including National Treasury and the South African Social Security Agency (SASSA), as well as financial sector businesses, to confirm client identities using biometric features, such as fingerprints and facial recognition, against the National Population Register.
In recent years, the system has, however, been plagued by inefficiencies, with users reporting a failure rate of up to 50% on these verification “hits” against the National Population Register. It also routinely took up to 24 hours for the system to respond, and when responses did arrive, they often contained errors that required manual verification.
The Department of Home Affairs has, over the past few months, worked to resolve these errors.
Testing has confirmed that the upgraded system is not only capable of dramatically faster performance, but that it now delivers an error rate of well below 1%.
The department is ready to roll out access to the upgraded verification service to all its valued clients across the public and private sectors.
As part of ensuring the ongoing maintenance of this vastly improved system and after obtaining concurrence from the Minister of Finance, Home Affairs Minister Dr Leon Schreiber has gazetted a new set of fees associated with the use of this verification service.
In order to better fund the maintenance of the National Population Register, fees for the use of the Home Affairs digital verification service by private sector companies will increase for the first time in over a decade, with effect from 1 April 2025.
However, public sector users of the service, including numerous government departments and agencies, will be unaffected by the increase, as government users remain exempted from fees.
This approach, according to the Department of Home Affairs, enables the department to balance the need to invest in the National Population Register, while not negatively affecting public finances.
“The rollout of a reliable, efficient and secure verification service supports both the public and private sectors to improve service delivery.
“This marks the most significant upgrade to the Home Affairs verification service since it was launched and will dramatically reduce waiting times whenever a client needs to verify their identity with the Department to obtain a social grant or open a bank account. The upgrade is also of immense importance to supporting private sector economic growth,” Minister Schreiber said.
“When this vital Home Affairs system is down, slow, or littered with errors, it negatively impacts upon the ability of banks, insurance companies and other financial service providers to verify clients and conduct business.
“This investment in our population register is not only overdue, but also important for delivering on the vision for digital ID, as outlined by President Cyril Ramaphosa during the State of the Nation Address, as a secure and efficient population register forms the cornerstone of digital ID.
“The launch of the reformed verification system is further proof of the progress that Home Affairs is making on our journey of digital transformation to deliver dignity for all,” Schreiber said. – SAnews.gov.za
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MIL-OSI: Cyabra Report Uncovers AI-Driven Disinformation Campaign Targeting Pope Francis, Featured in The New York Times
Source: GlobeNewswire (MIL-OSI)
Cyabra has entered into a business combination agreement with Trailblazer Merger Corp. (TBMC)
New York, NY, March 24, 2025 (GLOBE NEWSWIRE) — Cyabra Ltd., a leading AI platform for real-time disinformation detection, has released a new report uncovering how fake social media profiles fueled widespread disinformation about Pope Francis’ health. Conducted in early March, the investigation found that 31% of the profiles discussing the Pope on X were inauthentic, amplifying false rumors of his death. The report has been featured in The New York Times and The Mail Online, highlighting the urgent need to counter influence operations online.
“Our research underscores the alarming scale at which fake accounts are influencing public narratives,” said Dan Brahmy, CEO & Co-founder of Cyabra. “The dis and misinformation surrounding Pope Francis’ health is just one example of how AI-generated fake profiles are being weaponized to spread fear, confusion, and distrust.”
The full report, “Pope Francis’ Health Misinformation Fueled by Fake Profiles,” is available here.
Cyabra’s findings come at a critical time as online threats to public trust grow more sophisticated. As the digital landscape continues to evolve, Cyabra remains at the forefront of detecting and neutralizing harmful narratives and inauthentic online behavior.
Cyabra has entered into a business combination agreement with Trailblazer Merger Corporation I (NASDAQ: TBMC), a blank-check special-purpose acquisition company.
About Cyabra
Cyabra is a real-time AI-powered platform that uncovers and analyzes online disinformation and misinformation by uncovering fake profiles, harmful narratives, and GenAI content across social media and digital news channels. Cyabra’s AI protects corporations and governments against brand reputation risks, election manipulation, foreign interference, and other online threats. Cyabra’s platform leverages proprietary algorithms and NLP solutions, gathering and analyzing publicly available data to provide clear, actionable insights and real-time alerts that inform critical decision-making. Cyabra uncovers the good, bad, and fake online.
For more information, visit www.cyabra.com.
Media Contact:
Jill Burkes
PR@cyabra.comInvestor Relations Contact:
Miri Segal
MS-IR
msegal@ms-ir.comAbout Trailblazer
Trailblazer is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. For more information, visit: www.trailblazermergercorp.com
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to certain products and services that are the subject of a proposed transaction (the “Business Combination”) between Trailblazer and Cyabra. All statements other than statements of historical facts contained in this press release, including statements regarding Cyabra’s business strategy, products and services, research and development costs, plans and objectives of management for future operations, and future results of current and anticipated product offerings, are forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to, the following risks relating to the proposed transaction: the ability to complete the Business Combination or, if Trailblazer does not consummate such Business Combination, any other
initial business combination; expectations regarding Cyabra’s strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and Cyabra’s ability to invest in growth initiatives and pursue acquisition opportunities; the occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination Agreement; the outcome of any legal proceedings that may be instituted against Trailblazer or Cyabra following announcement of the Business Combination Agreement and the transactions contemplated therein; the inability to complete the proposed Business Combination due to, among other things, the failure to obtain Trailblazer stockholder approval; the risk that the announcement and consummation of the proposed Business Combination disrupts Cyabra’s current operations and future plans; the ability to recognize the anticipated benefits of the proposed Business Combination; unexpected costs related to the proposed Business Combination; the amount of any redemptions by existing holders of Trailblazer’s common stock being greater than expected; limited liquidity and trading of Trailblazer’s securities; geopolitical risk and changes in applicable laws or regulations; the size of the addressable markets for Cyabra’s products and services; the possibility that Trailblazer and/or Cyabra may be adversely affected by other economic, business, and/or competitive factors; the ability to obtain and/or maintain the listing of the combined company’s common stock on Nasdaq following the Business Combination; operational risk; and the risks that the consummation of the proposed Business Combination is substantially delayed or does not occur.
Important Information for Investors and Stockholders
In connection with the Business Combination, Trailblazer Holdings, Inc., a subsidiary of Trailblazer (“Holdings”) has filed a registration statement on Form S-4 (the “Registration Statement”) with the United States Securities and Exchange Commission (the “SEC”), which includes a preliminary proxy statement/prospectus, and certain other related documents, which will be both the proxy statement to be distributed to holders of shares of Trailblazer’s common stock in connection with its solicitation of proxies for the vote by its stockholders with respect to the Business Combination and other matters as may be described in the Registration Statement, as well as the prospectus of Holdings relating to the offer and sale of its securities to be issued in the Business Combination. . After the Registration Statement is declared effective, the proxy statement/prospectus will be sent to all Trailblazer stockholders so that they may vote on the Business Combination.
INVESTORS AND STOCKHOLDERS OF TRAILBLAZER ARE URGED TO READ CAREFULLY THE REGISTRATION STATEMENT, PROXY STATEMENT/PROSPECTUS, AND OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC WHEN THEY BECOME AVAILABLE, AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE BUSINESS COMBINATION AND THE PARTIES INVOLVED.
Trailblazer stockholders are currently able to obtain copies of the preliminary proxy statement/prospectus and other documents filed with the SEC that are incorporated by reference therein, and will be able to obtain the definitive proxy statement/prospectus and other documents filed with the SEC that will be incorporated by reference therein, once available, in all cases without charge, at the SEC’s web site at www.sec.gov, or by directing a request to: Trailblazer at 510 Madison Avenue, Suite 1401, New York, NY 10022, Telephone: 646-747-9618.
Participants in the Solicitation
Cyabra, Trailblazer, and their respective directors and executive officers may be deemed participants in the solicitation of proxies from Trailblazer stockholders regarding the proposed Business Combination. Information about Trailblazer’s directors and executive officers and their ownership of Trailblazer’s securities is set forth in the proxy statement/prospectus pertaining to the proposed Business Combination.
No Offer or Solicitation
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, or a solicitation of any vote or approval. No sale of securities shall occur in any jurisdiction in which such offer, solicitation, or sale would be unlawful before registration or qualification under applicable laws.
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MIL-OSI: The Gender Pay Gap Stalls in 2025 – Payscale’s Research Shows
Source: GlobeNewswire (MIL-OSI)
- Despite pay transparency laws, wage equity progress continues to stall nationwide, with systemic barriers still limiting women’s earning potential.
- The “childbearing penalty” remains highly evident, as women with children continue to earn just 75 cents for every dollar fathers make, while fathers make 2% more than childless men.
- While the gender pay gap showed gradual improvement from 2018 to 2022, progress has remained stagnant since the Great Resignation, with declines especially evident among older women.
SEATTLE, March 24, 2025 (GLOBE NEWSWIRE) — Today, Payscale Inc., the leading provider of compensation data, software and services, released its 2025 Gender Pay Gap Report (GPGR), revealing that despite pay transparency laws, the closing of the gender pay gap has stalled nationwide, with systemic barriers still limiting women’s earning potential.
Payscale’s analysis found that in 2025 women still earn just 83 cents for every dollar men make. While this is unchanged from last year, according to AAUW, Equal Pay Day shifted back more than two weeks this year, meaning that women must work that much longer to achieve the same earnings as men in 2025, compared to 2024. The controlled gender pay gap also remains the same as last year, at 99 cents. The controlled gender pay gap is the amount that women earn for every dollar that a man earns when accounting for job title and compensable factors, while the uncontrolled gender pay gap is the difference in median pay for men and women overall.
“Even though our 2025 Compensation Best Practices Report showed a minor decrease in support for pay equity (57%), and there has been a recent weakening of public support around Diversity, Equity and Inclusion (DEI) of late, some states have shown promising progress towards closing the gender pay gap,” said Ruth Thomas, pay equity strategist at Payscale. “While not every state has enacted pay transparency laws, which are shown to support pay equity efforts, many organizations are still staunchly committed to the cause. In fact, compared to 2020, there has been a 19% increase in corporate commitment to these efforts.”
Key takeaways from GPGR:
Working Parents — Motherhood continues to hurt pay equity, while fathers get a raise as a result of the childbearing penalty.
- Women with children face a significantly wider gender pay gap, earning just 75 cents for every dollar fathers make—unchanged from last year.
- This gap is even wider for women of color, with American Indian and Alaska Native mothers experiencing the largest disparity, earning just 64 cents for every dollar fathers earn.
- When controlling for job roles and experience, mothers earn 98 cents for every dollar earned by fathers with similar characteristics, a figure that has remained steady.
- Meanwhile, fatherhood financially benefits men, who earn 2% more than childless men, while mothers face stagnant or reduced pay compared to childless women.
Job Seeking — Women seeking new jobs are closing the pay gap, but parenting responsibilities and workplace flexibility keep many stuck with lower wages.
- The gender pay gap is narrower for women actively seeking a new job in the next six months compared to those not looking, suggesting that a willingness to leave positions may lead to higher pay.
- Yet, this uncontrolled gender pay gap slightly widened this year to $0.83 from $0.84 last year, indicating slower progress overall.
- Women who stay in their current job may do so due to benefits they can’t afford to lose, such as flexible work schedules, which can result in tolerating lower pay.
- Workplace culture, flexibility, and work-life balance may be more important to women than men when deciding whether to stay with an employer, potentially influencing their pay trajectory.
Higher Education — Despite earning advanced degrees like MBAs, law degrees, and health professional doctorates, women still face a significant pay gap, highlighting that education alone doesn’t guarantee pay equity.
- Women with MBAs face the largest uncontrolled pay gap, earning just 77 cents for every dollar earned by men with the same degree.
- Health professional doctorates have the smallest uncontrolled pay gap at 89 cents, while women with law degrees earn 87 cents for every dollar men with the same degree make, marking a slight decrease from last year.
Leadership and Career Progress — Not only do women earn less as their career progresses, they’re also less likely to reach leadership roles.
- White men are the most likely to hold leadership positions, with 45% serving as managers or in higher roles. Women are underrepresented in leadership roles, with only 5% of white women becoming executives compared to 7% of white men. The numbers are even lower for women of color: 3% for Hispanic women, 4% for Black or African American women, and 3% for Asian women.
- Women who do ascend the corporate ladder earn less than their male counterparts, with the gap widening at higher levels. Women at the executive level earn 93 cents for every dollar men make, even when controlling for job characteristics, and just 72 cents when not controlling for these factors.
- The gender pay gap is widest for Hispanic women and American Indian and Native Alaskan women at the executive level when data are controlled, currently standing at 91 cents, which is two points narrower than 2024.
Gender Norms — While STEM industries show progress toward pay equity, traditional gender norms continue to widen the gap in other sectors.
- The biggest pay gaps appear in occupations with deep-rooted gender norms, including Legal (63 cents), Farming & Fishing (77 cents), and Management (79 cents), where men dominate top-paying positions.
- The gender pay gap is also widest in Finance & Insurance (78 cents) and Agencies & Consultancies (84 cents) industries, despite women making up 53% and 59% of the workforce in these industries, respectively.
- Even in female-dominated industries like Healthcare (89 cents), Education (91 cents), and Nonprofits (88 cents), pay disparities persist.
- Some STEM-heavy industries show pay equity when controlled, but women remain underrepresented in higher-paying roles within these industries.
Location – States with and without salary transparency laws have seen improvements in the controlled gender pay gap, likely due in part to increased awareness from transparency efforts in other regions or companies adopting national pay transparency practices.
- In 2025, Illinois, Minnesota, New Jersey, Vermont and Massachusetts will enact pay transparency legislation.
- The controlled pay gap remained closed in 2025 for California, Connecticut, Maryland, New Jersey, New York, Oregon, and Washington, D.C. – all showed closed pay gaps last year, and, except for New Jersey and Oregon, have active pay transparency laws.
- While other states continue to show improvement, Massachusetts, Montana, New Hampshire, North Carolina, New Mexico, Vermont, and Washington state have seen their gaps widen.
- New gains are emerging in Alabama, Delaware, Nebraska, North Dakota, Rhode Island, South Dakota, and West Virginia, where the controlled pay gap has recently closed.
“It’s disappointing to still see a lack of progress towards closing the gender pay gap. Beyond being the right thing to do, ensuring fair pay without discrimination is required by law. This fact alone should support closing the gender pay gap. Even more, it’s a critical retention tool for businesses, which is why, unsurprisingly, women employees frequently leave organizations because they don’t think they are being paid fairly,” said Lulu Seikaly, senior corporate employment attorney at Payscale. “Pay transparency has an important role to play here, because when an employee has an understanding of their compensation trajectory it increases trust and loyalty. Our 2025 Compensation Best Practices Report revealed that over half (56%) of companies are sharing pay ranges in their job postings regardless of whether or not it’s required by law — a promising nod to the future of fair pay.”
According to Payscale’s 2025 Compensation Best Practices Report, 72% of HR and compensation professionals believe that gender pay gap research is meaningful. Paired with Payscale’s compensation management software and services enable organizations to easily evaluate their current compensation strategies and standardize their internal pay practices to increase transparency and ensure fair pay.
The 2025 Gender Pay Gap Report analyzes crowdsourced data from over 369,000 people in the U.S. who took Payscale’s free online salary survey between January 2024 and January 2025. The full report and its methodology, including analysis by race, job level, age, education, industry, occupation, and location, can be accessed in its entirety at Payscale.com/research-and-insights/gender-pay-gap.
About Payscale
As the industry leader in compensation management, Payscale is on a mission to help job seekers, employees, and businesses make sustainable fair pay a reality. Empowering 65% of the Fortune 500, Payscale provides a combination of diverse and dynamic data sources, experienced compensation services, and scalable software to enable organizations such as Panasonic, ZoomInfo, Chipotle, AccentCare, University of Washington, American Airlines, and PetSmart to make fair and appropriate pay decisions.Pay is powerful.
To learn more, visit www.payscale.com.
Contact: Press@Payscale.com -
MIL-OSI: Maris-Tech to Report Full Year 2024 Financial Results and Provide Corporate Updates on April 2, 2025
Source: GlobeNewswire (MIL-OSI)
The Company will host a webinar with investors on Wednesday, April 2, 2025, at 9:00 a.m., Eastern Time
Rehovot, Israel, March 24, 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 will host a webinar on Wednesday, April 2, 2025, at 9:00 a.m., Eastern Time, to discuss the Company’s 2024 financial results and provide an update on its business operations and annual highlights, following the expected release of the Company’s financial results for the year ended December 31, 2024 and the filing of the related Annual Report on Form 20-F with the Securities and Exchange Commission (“SEC”) on March 28, 2025.
Webinar Information:
Date: Wednesday, April 2, 2025
Time: 9:00 a.m., Eastern TimeTo participate in the webinar, please register in advance via the link below.
Link: https://shorturl.at/tnwjX
To ensure you are connected prior to the beginning of the webinar, the Company encourages participants to log-in at least 5 minutes before the start of the webinar.
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: the timeline for the release of the Company’s financial results for the year ended December 31, 2024 and the filing of the Annual Report on Form 20-F and the date of the investor webinar. 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. The Company undertakes 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 -
MIL-OSI: MicroAlgo Inc. plans to issue additional new shares at an offering price of $0.8 per share.
Source: GlobeNewswire (MIL-OSI)
SHENZHEN, March 24, 2025 (GLOBE NEWSWIRE) — MicroAlgo Inc. plans to issue additional new shares at an offering price of $0.8 per share.
Shenzhen, China, March. 24, 2025 – MicroAlgo Inc. (NASDAQ: MLGO), (the “Company”or “MicroAlgo”), today announced the plan to issue more new shares. Considering that MicroAlgo Inc. entered into a convertible bond purchase agreement with creditors on October 7, 2024, with a total amount of US$20 million. These bonds have a maturity period of 360 days. According to the convertible bond purchase agreement, the bonds are convertible into common shares at a conversion price equal to 70% of the lowest closing market price during the 60 trading days preceding the conversion request.
MicroAlgo Inc. has received notice from the creditors under this US$20 million convertible bond purchase agreement, requesting the company to issue new shares at $ 0.8 per share to repay the debt in accordance with the agreement terms. The company plans to fulfill the relevant clauses of this US$20 million convertible bond purchase agreement and will issue new shares at $ 0.8 per share for debt repayment.
This serves as a risk disclosure in accordance with the Form 6-K filing submitted to the U.S. Securities and Exchange Commission (SEC) on October 9, 2024.About MicroAlgo Inc.
MicroAlgo Inc. (the “MicroAlgo”), a Cayman Islands exempted company, is dedicated to the development and application of bespoke central processing algorithms. MicroAlgo provides comprehensive solutions to customers by integrating central processing algorithms with software or hardware, or both, thereby helping them to increase the number of customers, improve end-user satisfaction, achieve direct cost savings, reduce power consumption, and achieve technical goals. The range of MicroAlgo’sservices includes algorithm optimization, accelerating computing power without the need for hardware upgrades, lightweight data processing, and data intelligence services. MicroAlgo’s ability to efficiently deliver software and hardware optimization to customers through bespoke central processing algorithms serves as a driving force for MicroAlgo’s long-term development.Forward-Looking Statements
This press release contains statements that may constitute “forward-looking statements.” Forward-looking statements are subject to numerous conditions, many of which are beyond the control of MicroAlgo, including those set forth in the Risk Factors section of MicroAlgo’s periodic reports on Forms 10-K and 8-K filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. Words such as “expect,””estimate,””project,””budget,””forecast,””anticipate,””intend,””plan,””may,””will,””could,””should,””believes,””predicts,””potential,””continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, MicroAlgo’s expectations with respect to future performance and anticipated financial impacts of the business transaction.
MicroAlgo undertakes no obligation to update these statements for revisions or changes after the date of this release, except as may be required by law.Contact
MicroAlgo Inc.
Investor Relations
Email: ir@microalgor.com -
MIL-OSI: Wearable Devices to Expand AI-Powered Bio-Signal Intelligence with LMM for Health Monitoring Potential Uses
Source: GlobeNewswire (MIL-OSI)
Yokneam Illit, Israel, March 24, 2025 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI”)-powered touchless sensing wearables, today announced the expansion of its Large Motor Unit Action Potential Model (“LMM”) into new potential markets, such as predictive health monitoring and cognitive state analytics. This development will enable the broadening of bio-signal intelligence applications beyond wearables and will offer businesses and healthcare providers access to real-time physiological insights for monitoring health and wellness conditions.
This announcement follows Wearable Devices’ recent introduction of LMM as a groundbreaking AI-driven bio-signal platform focused on gesture-based control in extended reality (“XR”) and neural interaction with digital devices. The Company’s LMM approach to analyzing muscle activity signals will support the expansion into the field of health monitoring, enabling users to enhance their performance across various domains.
From Passive Monitoring to Proactive Intelligence
Unlike traditional bio-sensors that collect data passively, LMM continuously learns and adapts, turning muscle activity signals from the wrist into actionable insights. The technology is now being evaluated in controlled environments for real-world applications, including:
- Predictive Health Monitoring – Detecting hidden patterns in muscle activity that may indicate early signs of health conditions before symptoms appear, revolutionizing preventive diagnostics and digital health tracking.
- Cognitive State & Performance Analytics – Monitoring focus, fatigue, and stress levels through muscle tone and micro-movements, optimizing work productivity and mental well-being.
- Exploring Predictive Analytics – Assessing whether continuous monitoring of neural data can improve AI-driven user behavior predictions.
A Platform for Innovation: Opening LMM to Business Partners
Recognizing the transformative potential of bio-signal intelligence, Wearable Devices is intending to make LMM available to enterprises, researchers, and developers. The Company’s AI-powered bio-signal data platform is expected to enable businesses to:
- Develop custom applications tailored to healthcare and sports for athletic performance optimization.
- Integrate real-time physiological insights into enterprise solutions to enhance safety, performance, and productivity.
- Leverage LMM’s AI engine to continuously refine predictive health and interaction models.
Following the initial evaluation phase, Wearable Devices aims to accelerate commercialization and strategic partnerships across the health sector, reinforcing its position as a pioneer in bio-signal intelligence and neural interface technology.
“We believe LMM represents the next leap in bio-signal intelligence,” said Guy Wagner, President and Chief Scientific Officer of Wearable Devices. “Beyond XR and wearable computing, LMMs will allow us to enter markets that need real-time physiological insights – helping businesses, AI based health platforms, and healthcare providers to gain insights that will transform and personalize their services at scale.”
About Wearable Devices Ltd.
Wearable Devices Ltd. is a pioneering growth company revolutionizing human-computer interaction through its AI-powered neural input technology for both consumer and business markets. Leveraging proprietary sensors, software, and advanced AI algorithms, the Company’s innovative products, including the Mudra Band for iOS and Mudra Link for Android, enable seamless, touch-free interaction by transforming subtle finger and wrist movements into intuitive controls. These groundbreaking solutions enhance gaming, and the rapidly expanding AR/VR/XR landscapes. The Company offers a dual-channel business model: direct-to-consumer sales and enterprise licensing. Its flagship Mudra Band integrates functional and stylish design with cutting-edge AI to empower consumers, while its enterprise solutions provide businesses with the tools to deliver immersive and interactive experiences. By setting the input standard for the XR market, Wearable Devices is redefining user experiences and driving innovation in one of the fastest-growing tech sectors. Wearable Devices’ ordinary shares and warrants trade on the Nasdaq under the symbols “WLDS” and “WLDSW,” respectively.
Forward-Looking Statements Disclaimer
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, we are using forward-looking statements when we discuss the benefits and advantages of our devices and technology, including the potential of LMMs, the potential to accelerate commercialization and strategic partnerships across the health sector, and entering markets that need real-time physiological insights. All statements other than statements of historical facts included in this press release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the trading of our ordinary shares or warrants and the development of a liquid trading market; our ability to successfully market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our annual report on Form 20-F for the year ended December 31, 2024, filed on March 20, 2025 and our other filings with the SEC. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
Investor Relations Contact
Michal Efraty
IR@wearabledevices.co.il -
MIL-OSI United Kingdom: Fatal accident at Pewsey footpath crossing
Source: United Kingdom – Executive Government & Departments
News storyFatal accident at Pewsey footpath crossing
Investigation into a fatal accident involving a pedestrian at Pewsey footpath crossing, Pewsey, Wiltshire, 26 February 2025.
Pewsey footpath crossing.
At around 13:56 on 26 February 2025, a pedestrian was struck by a train and fatally injured while crossing the railway on Pewsey footpath crossing, situated on the outskirts of Pewsey, in Wiltshire. The train involved was travelling at about 96 mph (154 km/h) at the time of the accident.
Pewsey footpath crossing provides access for pedestrians between the residential area of Pewsey and countryside to the north of the railway. The crossing has gates on either side of the railway and is provided with signage which instructs users how to cross.
Our investigation will determine the sequence of events that led to the accident and will include consideration of:
- the factors which may have affected the decisions and actions of the pedestrian as they used the crossing
- any previous incidents at Pewsey footpath crossing and how these may be relevant to this accident
- the management of risk at this crossing and Network Rail’s wider strategy for assessing and mitigating risks at footpath crossings
- any relevant underlying factors.
Our investigation is independent of any investigation by the railway industry or by the industry’s regulator, the Office of Rail and Road.
We will publish our findings, including any recommendations to improve safety, at the conclusion of our investigation. This report will be available on our website.
You can subscribe to automated emails notifying you when we publish our reports.
Updates to this page
Published 24 March 2025
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MIL-OSI: SafeCard: The Slim, Silent Protector Against RFID Skimming and Identity Theft
Source: GlobeNewswire (MIL-OSI)
MONROE, La., March 24, 2025 (GLOBE NEWSWIRE) — In today’s fast-paced digital world, the risk of identity theft and data breaches is more significant than ever. The need for robust security measures grows as we rely on technology for everyday transactions. This is where SafeCard comes into play. SafeCard is a revolutionary RFID-blocking card designed to protect your personal information from digital thieves who use sophisticated scanners to steal sensitive data. These thieves can exploit RFID signals to skim sensitive information without your knowledge, potentially leading to financial loss and identity theft. With the increasing prevalence of contactless payment methods and RFID-enabled identification cards, ensuring your data’s safety has never been more critical. SafeCard offers a seamless and effective solution, providing peace of mind for individuals and families alike. In this research article, we will delve into the features, benefits, and user experience of SafeCard, highlighting why it is an essential addition to your security arsenal. Whether traveling, shopping, or simply going about your daily routine, SafeCard ensures that your financial information and personal data remain secure from prying eyes. Join us as we explore this innovative product and discover how it can protect you from the growing threat of RFID skimming.
Product Overview: SafeCard
Form Factor: RFID-Blocking Card (Credit Card-Sized)
Core Technology: Advanced RFID-blocking micro-interference layer, electromagnetic signal disruption, universal shielding radius
Material Build: Durable composite core, water-resistant, tear-proof, and battery-free design
Pack Contents: 1 RFID-blocking SafeCard (fits in any standard wallet or purse)
Guarantee: 30-Day Risk-Free Money-Back Guarantee
Price: Starts at $49 per unit (Available Exclusively on the Official Website)
SafeCard is a lightweight, ultra-slim, RFID-blocking device that protects personal information from unauthorized scanning. Unlike traditional RFID wallets or sleeves, SafeCard slips effortlessly into any wallet and instantly safeguards all nearby RFID-enabled items—including credit cards, debit cards, passports, and IDs—without requiring charging or configuration.
Built with cutting-edge signal disruption technology, SafeCard neutralizes electromagnetic fields emitted by nearby skimming devices. Its battery-free operation means zero maintenance, while its tear-resistant and waterproof design ensures long-term durability. Whether commuting, traveling, or moving through crowded spaces, SafeCard provides always-on digital security without adding bulk to your wallet.
With a 30-day money-back guarantee, users can try SafeCard completely risk-free. At just $49 per unit, it’s a small investment for peace of mind and protection against digital theft.
Available only through the official website to ensure authenticity and best pricing.
What is SafeCard?
SafeCard is a cutting-edge RFID-blocking card designed to safeguard your personal information and financial data from unauthorized access. RFID, or Radio-Frequency Identification, is a technology widely used in credit cards, passports, and identification cards, enabling contactless transactions. However, this convenience comes with risks, as digital thieves can exploit RFID signals to skim sensitive information without your knowledge. SafeCard provides a robust solution to this problem by creating an invisible shield around your cards, effectively blocking unauthorized scans within a 5cm radius. This military-grade protection is essential for anyone who values privacy and security, especially those who frequently travel or navigate busy public spaces.
Crafted from durable, tear-proof, and waterproof materials, SafeCard is designed to last for over three years, making it a reliable companion for your security needs. Its slim and lightweight design allows it to fit seamlessly into any wallet or purse without adding bulk. Unlike traditional RFID-blocking wallets, which can be cumbersome and inconvenient, SafeCard offers a minimalist approach to data protection. With SafeCard, you can enjoy RFID protection’s benefits without compromising style or convenience. The product has gained recognition for its effectiveness, earning accolades such as the 2025 Personal Security Award, a prestigious industry award that recognizes innovative solutions in personal security, and being voted “Unhackable” by the Transaction Security Council, a leading authority in transaction security. With thousands of positive reviews from satisfied customers, SafeCard has established itself as a trusted choice for those seeking comprehensive protection against digital theft.
Protect your data effortlessly with SafeCard—RFID security made simple.
Who Specifically Is SafeCard For?
Individuals concerned about digital pickpocketing
If you’re worried about accessing your data without your knowledge, SafeCard provides discreet and effective protection against wireless theft. It helps safeguard your information from digital skimming devices commonly used in crowded public spaces.
People who carry RFID-enabled cards
Many everyday essentials now have embedded RFID chips, whether on credit cards, debit cards, passports, work IDs, or access badges. SafeCard is designed to block unauthorized scans of these items, helping to protect your identity and finances.
Travelers seeking added security on the go
For frequent travelers, SafeCard is a must-have. It fits seamlessly into any wallet or travel case, offering consistent RFID protection without the hassle of bulky alternatives. It’s perfect for business trips, vacations, and international travel.
Adults looking for a low-maintenance solution
SafeCard works the moment it’s placed in your wallet. No batteries, apps, or setups are required. This makes it ideal for anyone who wants hands-free protection without remembering to change or update anything.
Those frustrated with traditional RFID wallets
RFID wallets can be bulky, wear out over time, and only protect cards stored in specific compartments. SafeCard eliminates those concerns by working universally within your wallet—no unique slots or sleeves are needed.
Minimalists who prefer a streamlined approach
If you prefer to travel light and carry only the essentials, SafeCard is a sleek, slim alternative that delivers powerful protection without adding bulk. It’s a practical solution that keeps your security intact without sacrificing space or comfort.
In short, SafeCard is for anyone who wants to protect their data quickly and reliably—wherever life takes them.
How Does SafeCard Work?
SafeCard operates on advanced RFID-blocking technology that creates a protective barrier around your sensitive information. When you place the SafeCard in your wallet next to your credit cards, passports, or IDs, its shielding capabilities are instantly activated. The card blocks all RFID scans within a 5cm range, preventing unauthorized access to your data. This means that even if a digital thief uses a sophisticated scanner, they cannot read the information stored on your cards, effectively stopping them.
The technology behind SafeCard is designed to be user-friendly and hassle-free. No complicated setups or maintenance is required. Slide the SafeCard into your wallet; it will work 24/7 without needing batteries or charging. This constant protection ensures that your data remains secure, whether you are at the airport, grocery store, or attending a crowded event. The card’s reliable performance is a key factor in its growing popularity among consumers who are increasingly aware of the risks posed by RFID technology. SafeCard provides peace of mind, allowing you to go about your daily activities without worrying about digital theft, making you feel secure and at ease. By taking such proactive measures, you invest in your security and protect your financial future.
SafeCard Testimonials
Jason M.
“I used to be paranoid about someone scanning my cards in crowded places, especially on the subway. Since I added SafeCard to my wallet, I haven’t had a single issue. It gives me peace of mind every day.”
Vanessa K.
“I travel a lot for work and wanted something lightweight that wouldn’t take up space. SafeCard fits perfectly in my slim wallet and protects all my cards. I don’t even notice it’s there—until I remember how much safer I feel with it.”
Chris D.
“I’ve tried RFID wallets, but they were bulky and worn out quickly. SafeCard was a better solution. I didn’t have to change my wallet; now I know my cards are safe wherever I go.”
Amber S.
“My friend’s identity was stolen while traveling, and I didn’t want that happening to me. I got SafeCard before my trip to Europe, and it worked like a charm. No weird charges, no issues—just quiet protection.”
SafeCard Features
SafeCard stands out in the market for its exceptional features, which are designed to provide maximum protection without compromising convenience. These features include instant RFID blocking, a slim and lightweight design, and durability. Here, we explore these key features that make SafeCard a must-have for anyone concerned about their data security.
Instant RFID Blocking: Stops Skimmers in Their Tracks
One of the most impressive features of SafeCard is its ability to provide instant RFID blocking. The technology embedded in the card creates a protective shield around your cards, blocking all attempts to scan your data within a 5cm radius. Even the most sophisticated skimmers cannot access your personal information, ensuring your data remains protected. With SafeCard, you can shop and travel confidently, knowing your sensitive information is safe from thieves looking to exploit vulnerability in RFID technology.
Slim & Lightweight: Fits Any Wallet Without Added Bulk
SafeCard has been designed with practicality, boasting a slim profile of just 1.1mm. This lightweight design can easily slide into any wallet or purse without adding unnecessary bulk. In contrast to traditional RFID-blocking solutions that can be cumbersome and inconvenient, SafeCard provides an effortless way to enhance your security without sacrificing style. Its compact nature makes it suitable for everyday use, ensuring reliable protection wherever you go. This convenience ensures you feel comfortable and at ease, knowing your data is always protected.
Durable & Long-Lasting: Waterproof and Tear-Proof, Built to Last 3+ Years
Durability is a hallmark of SafeCard’s design. Crafted from high-quality materials, the card is waterproof and tear-proof, ensuring it can withstand daily life’s rigors. Unlike flimsy RFID sleeves or wallets that may require frequent replacements, SafeCard is built to last over three years. This longevity adds significant value, as you won’t need to worry about constantly replacing your protection. Investing in SafeCard means investing in a reliable solution that provides long-term security, making you feel reassured and confident in your choice.
24/7 Protection: Always Active—No Batteries or Charging Needed
One of the standout features of SafeCard is its effortless operation. The card requires no batteries or charging, making it a genuinely worry-free solution for data protection. Once placed in your wallet, SafeCard remains active 24/7, providing continuous security without needing maintenance. This constant protection means that you can focus on your day-to-day activities without the distraction of having to remember to charge or activate your security device. SafeCard works quietly in the background, allowing you to enjoy peace of mind wherever you go.
Conclusion on SafeCard Features
The features of SafeCard encapsulate its purpose: to provide reliable, easy-to-use, and long-lasting protection against digital theft. With instant RFID blocking, a slim and durable design, and 24/7 operational capability, SafeCard is essential for anyone looking to safeguard their personal information. Its thoughtful construction and user-friendly features make it a standout choice in the crowded market of RFID protection products.
Keep your wallet safe from skimmers with the ultra-slim SafeCard.
Benefits of SafeCard
- Stop Digital Thieves Before They Strike!: With its advanced RFID-blocking technology, SafeCard prevents unauthorized access to your data, ensuring you remain one step ahead of digital thieves.
- Built to Last—No Replacements Needed: Made with durable materials, SafeCard is designed to last for over three years, saving you the hassle and expense of frequent replacements.
- Stops Even the Smartest Scanners: SafeCard’s military-grade protection effectively blocks even the most sophisticated RFID scanners, providing peace of mind in any setting.
- Fits Seamlessly Into Any Wallet or Purse: Its slim design allows you to incorporate SafeCard into your wallet without sacrificing space or convenience.
- Effortless Protection: Slide it next to your cards and enjoy continuous protection without needing batteries or charging.
- Ideal for Travelers: SafeCard is an essential companion for anyone who travels frequently, providing peace of mind against the risk of data theft while on the go.
- Highly Rated by Customers: With thousands of satisfied customers and numerous five-star reviews, SafeCard has earned a reputation as a trusted choice for RFID protection.
- Cost-Effective Security: By investing in SafeCard, you are taking proactive steps to protect your financial health and personal information, potentially saving you from the high costs associated with identity theft.
- Convenient and User-Friendly: SafeCard’s straightforward operation allows anyone to use it without technical knowledge or training.
- Satisfaction Guaranteed: SafeCard has a 30-day money-back guarantee, ensuring you can purchase confidently.
How to Use SafeCard
Using SafeCard is straightforward, making it accessible for everyone. Follow these easy steps to ensure that your sensitive information is well-protected:
- Slide It In: Place the SafeCard in your wallet next to your credit cards, IDs, or other RFID-enabled items. The card’s slim design ensures it fits comfortably without adding bulk.
- Instant Shield: SafeCard instantly blocks all RFID scans within a 5cm range. This protective barrier prevents unauthorized access to your data, ensuring its security.
- Always Secure: SafeCard works around the clock without batteries or charging. Your data is consistently protected at home, traveling, or shopping.
Following these simple steps, you can effectively utilize SafeCard as a protective measure against RFID theft. Its effortless operation lets you focus on your day-to-day activities without worrying about your data security.
SafeCard vs RFID Wallet: Which One Truly Secures Your Digital Information?
If you’ve been debating between the SafeCard or a traditional RFID wallet, you’re not alone and asking the right question. In the digital age, protecting your credit cards, debit cards, passports, and other RFID-enabled items from unauthorized scans is more critical than ever. Both the SafeCard and RFID wallets claim to offer that protection. But in a real-world showdown, which one truly delivers better digital security? Let’s break it down.
What Is SafeCard and How Does It Work?
SafeCard is an ultra-slim, credit card-sized RFID-blocking device designed to slip effortlessly into any standard wallet or purse. Unlike bulky RFID wallets, It provides seamless digital protection without compromising your wallet’s style or function.
Advanced RFID-jamming technology shields your sensitive data from skimming devices 24/7. There is no charging or batteries—just reliable, passive protection every time you leave the house.
Its lightweight, water-resistant, and tear-proof design makes it a durable choice that withstands daily use without degrading. In contrast, many RFID wallets rely on static materials for shielding—materials that can break down over time, reducing effectiveness.
RFID Wallets: Are They Still Effective?
Traditional RFID wallets incorporate built-in layers of shielding to prevent signal transmission. While they can block RFID signals, their effectiveness may decrease with wear and tear, especially if the protective lining starts to fray.
Even more concerning, most RFID wallets have limited capacity. To protect them, you must carefully insert each card into specific slots or compartments. And if you miss one? Your data could be vulnerable.
Plus, the wide variety of RFID wallets on the market can be overwhelming—making it hard to know which brands offer protection as advertised. Not all RFID wallets are created equal.
SafeCard vs RFID Wallet: Key Differences at a Glance
Feature SafeCard RFID Wallet Size Credit card-sized, fits in any wallet Bulky, requires full wallet replacement Setup No setup needed, works instantly Cards must be stored properly in RFID-lined compartments Power Battery-free, no maintenance Passive, may wear out Protection Universal RFID-blocking range Protection limited to wallet slots Durability Tear-proof & waterproof Subject to wear and tear Customer Feedback 1,000+ verified 5-star reviews Varies widely by brand Why SafeCard Comes Out on Top
When compared to an RFID wallet, SafeCard is the clear winner. It offers always-on protection the moment it enters your purse. It works in the background to shield all RFID-enabled cards in its range without needing constant adjustments or replacements.
It’s universally compatible with your existing wallet, meaning you don’t need to switch wallets or use multiple sleeves. One SafeCard covers them all—simplifying your digital protection strategy.
And with thousands of 5-star ratings, SafeCard has earned the trust of customers who prioritize safety and convenience in one sleek solution.
SafeCard is the modern answer to outdated RFID wallets. It combines superior durability, ease of use, and reliable protection without the hassle of bulky alternatives. Whether you’re a frequent traveler or someone who values privacy, SafeCard gives you peace of mind.
Why settle for bulky wallets with limited effectiveness when you can upgrade your protection instantly with SafeCard?
Pros and Cons of SafeCard
Pros:
- Effective RFID Protection: SafeCard successfully blocks unauthorized scans, keeping your personal information safe.
- Durable Design: Made from waterproof and tear-proof materials, SafeCard is built to last over three years.
- User-Friendly: No complicated setup or maintenance is required; slide it into your wallet and enjoy continuous protection.
- Compact and Lightweight: The slim design easily fits any wallet or purse without adding bulk.
- 24/7 Operational: SafeCard protects around the clock without needing batteries or charging.
Cons:
- Limited Protection Range: While effective within a 5cm range, SafeCard may not block scans beyond this distance.
- Single-Card Solution: Additional cards for families or multiple users will be needed, which may increase overall costs.
- Dependence on Wallet Placement: The card must be positioned correctly next to RFID-enabled items to ensure optimal protection.
Overall, SafeCard’s benefits outweigh its drawbacks, making it a wise investment for anyone concerned about data security.
How to Order SafeCard?
Ordering SafeCard is a straightforward process. Visit the official SafeCard website to find package options tailored to your needs. Here’s a step-by-step guide to help you place your order:
- Choose Your Package: SafeCard offers several options, including the Essential Pack (3 SafeCards), Family Pack (6 SafeCards), Best Value Pack (9 SafeCards), and Ultimate Pack (12 SafeCards). Select the package that best suits your requirements.
- Add to Cart: Once you’ve chosen your package, click the “Add to Cart” button. You can adjust the quantity if needed.
- Proceed to Checkout: After reviewing your selections, click the shopping cart icon to proceed to the checkout page. Here, you will enter your shipping and billing information.
- Review Your Order: Take a moment to review your order details and ensure everything is correct before finalizing your purchase.
- Payment: Choose your preferred payment method and complete the transaction. You will receive a confirmation email with your order details.
- Enjoy Peace of Mind: Once your SafeCard arrives, you can start using it to protect your personal information and enjoy the peace of mind that comes with knowing your data is secure.
SafeCard Pricing and Money-Back Guarantee
SafeCard offers several competitively priced packages to suit different needs and budgets, ensuring everyone can access top-notch RFID protection. Here’s a brHere’sn of the pricing options available:
- Best Value Pack (9 SafeCards): Originally priced at $351.32, this pack is now available for $129.99, offering a 59% savings. This pack is ideal for families or groups looking to protect multiple devices, ensuring comprehensive security.
- Family Pack (6 SafeCards): This pack offers 54% savings and is available for just $89.99, down from $219.49. It’s perfect for safeguarding your loved ones and ensuring their data remains secure.
- Essential Pack (3 SafeCards): This pack provides 50% savings and is ideal for individual users seeking personal protection. It is priced at $45.99, down from $102.20.
- Ultimate Pack (12 SafeCards): This pack is the best deal for thorough protection. It is available for $159.99, originally priced at $444.42, offering an impressive 60% savings.
SafeCard also comes with a 30-day money-back guarantee, allowing you to purchase confidently. If you’re unsatisfied with your purchase, return it within 30 days for a full refund. This assurance reflects SafeCard’s commitment to high-quality products and customer satisfaction.
More SafeCard Customer Reviews
Liam R.
“I was skeptical at first, but SafeCard really works. I tested it with an RFID reader and couldn’t get a signal from my cards. That’s when I knew it was doing its job.”
Natalie B.
“As someone who likes to keep things minimal, SafeCard is perfect. One card protects everything in my wallet without adding bulk. It’s simple, effective, and I don’t have to think about it once it’s in place.”
Derek H.
“After dealing with credit card fraud last year, I sought a way to protect myself. SafeCard was affordable and easy to use. No batteries, no charging, no-nonsense. It just works.”
Megan L.
“I bought SafeCard for me and my husband after hearing about contactless theft. We’ve been using them for months and haven’t had any issues. It’s one of those products you don’t realize you need until you do.”
Alicia J.
“I love that I didn’t have to get a new wallet to use SafeCard. It slid right into my existing setup and protected all my cards. Super convenient for someone always on the move.”
Tyler W.
“I give SafeCard five stars. I feel more confident using tap-to-pay now, and I’m no longer worried when I’m in crowded events or busy public spaces.”
Conclusion for SafeCard
In a world where digital threats are rising, investing in reliable protection for your personal information is paramount. SafeCard stands out as a leading solution for RFID data protection, combining advanced technology with user-friendly design. With its instant RFID blocking capabilities, durable construction, and lightweight profile, SafeCard offers a comprehensive security solution that fits seamlessly into your daily life.
The testimonials from satisfied customers highlight SafeCard’s effectiveness, emphasizing its role in providing peace of mind while traveling or conducting everyday transactions. With various affordable package options, protecting yourself and your loved ones from digital theft has never been easier.
Take control of your data security today and join the thousands of satisfied SafeCard users who have made the smart choice for personal protection. Please don’t wait until it’s toDon’te; invest init’seCard and safeguard your financial future.
SafeCard FAQs
How does an RFID protector work?
An RFID protector like SafeCard blocks unauthorized scans of your RFID-enabled cards by creating a protective barrier around them.
Do I need an RFID protector?
If you use RFID-enabled cards or travel frequently, an RFID protector is essential to prevent unauthorized access to your personal information.
Will using SafeCard interfere with the functionality of my cards?
No, SafeCard is designed to work alongside your cards without interfering with their functionality.
Can I reuse my SafeCard?
Yes, SafeCard is reusable and provides long-lasting protection for over three years.
Does SafeCard protect against all types of scanning?
SafeCard effectively blocks RFID scans within a 5cm range, protecting against standard digital theft methods.
How long does shipping take?
Shipping times may vary, but you can typically expect your order to arrive within a few business days.
What is the return policy?
SafeCard offers a 30-day money-back guarantee, allowing you to return the product for a full refund if unsatisfied.
Is SafeCard suitable for international travel?
Yes, SafeCard is an excellent choice for international travel. It provides peace of mind against digital theft in crowded airports and public spaces.
How many SafeCards do I need?
The number of SafeCards you need depends on the number of RFID-enabled items you wish to protect. Consider purchasing multiple cards for family members.
Where can I buy SafeCard?
SafeCard can be purchased on the official SafeCard website, where you can choose from various package options to suit your needs.
SafeCard: The easy way to stop skimmers and protect your personal info.
Contact: SafeCard
Email: support@safecardshield.comDisclaimer:
This article is intended for informational and educational purposes only. It does not constitute professional, legal, or cybersecurity advice. While SafeCard may help reduce the risk of RFID-based digital theft, no security product can guarantee 100% protection in all scenarios. Individual results may vary based on usage and other factors. Always exercise general caution and follow best practices when safeguarding your financial and personal data. The publisher and all parties involved in the creation and distribution of this content are not liable for any misuse, loss, or damages arising from the use or reliance on the information provided herein. Always consult the official product website or customer support for the most accurate and updated details.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0956a4c5-825c-409e-bf31-aeff9b75a0df
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MIL-OSI: Standard Lithium Reports Results for Six Month Fiscal Period Ended December 31, 2024
Source: GlobeNewswire (MIL-OSI)
VANCOUVER, British Columbia, March 24, 2025 (GLOBE NEWSWIRE) — Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI), a leading near-commercial lithium company, today announced its financial and operating results for the six month fiscal period ended December 31, 2024.
“The last year has been crucial for the Company as we move ever closer to a final investment decision, construction, and subsequent production at the South West Arkansas project, and continue to expand our leasehold footprint in East Texas. Our goal as we exited 2024 was to prioritize, focus, and execute, and we continue to do just that,” said David Park, Chief Executive Officer and Director of Standard Lithium. “We closed on our $225 million grant from the U.S. Department of Energy, which is a testament to the caliber of our South West Arkansas project. We completed a drilling program, conducting extensive reservoir testing that demonstrated better reservoir properties than what was previously assumed in our PFS. We also successfully completed the derisking of our DLE technology through pilot field testing, producing results that exceeded expectations and providing samples that may later be used in the qualification process for offtake discussions. With FEED and DFS taking shape and nearing completion in the summer, and preliminary offtake and financing discussions underway, we continue to press on towards a final investment decision at South West Arkansas, and continue to expand our presence in East Texas, as we move towards the preparation of a maiden inferred resource report and further project definition on that asset.”
Highlights Subsequent to the Six Month Fiscal Period Ended December 31, 2024
All amounts are in US dollars unless otherwise indicated.
- Finalized $225 million grant from the U.S. Department of Energy (“DOE”) for the South West Arkansas Project. The grant will support construction of Phase 1 of the South West Arkansas (“SWA”) project. The SWA project is expected to be one of the world’s first commercial-scale Direct Lithium Extraction (“DLE”) facilities.
- Undertook extensive field and reservoir testing program at SWA project. Completed drilling of new well and multiple well re-entries into the Smackover Formation to conduct detailed reservoir testing and brine sampling work.
- Completed final test of field-pilot plant at SWA project. In partnership with Koch Technology Solutions, successfully operated a field-pilot plant at SWA project as final DLE derisking step prior to commercialization. Lithium recovery far exceeded design criteria, with over 99% recovery from brine sourced from the project’s International Paper Company well.
- Launch of Smackover Lithium. On January 29, 2025, at a community townhall in Stamps, AR, the Company and Equinor announced Smackover Lithium as the new name for their joint venture developing DLE projects in Southwest Arkansas and East Texas.
- Continued Strategic additions to board of directors. The Company announced on March 19, 2025 the appointment of Karen G. Narwold, as an independent member of its board of directors.
Highlights From Six Month Fiscal Period Ended December 31, 2024
- Entered into a license agreement (“Agreement”) with Koch Technology Solutions (“KTS”) to deploy and use KTS’ Li-ProTMLithium Selective Sorption (“Li-pro LSS”) technology. Under the license agreement, SWA Lithium, the jointly-owned U.S. subsidiary of Standard Lithium and Equinor, will utilize Li-pro LSS at the commercial processing facility for Phase 1 of the SWA project. The Agreement includes a first-of-its-kind performance guarantee from KTS for lithium recovery, contaminant rejection and water use. In addition, it allows for continued, exclusive joint development of the technology in the Smackover Formation.
- Commercial-scale DLE at the Demonstration Plant continues to exceed expectations. The Company installed a commercial-scale DLE column in late March 2024 and has been operating the column continuously. The column is a Li-pro LSS unit, supplied by KTS and identical to those currently being integrated into the front-end engineering and design (FEED) study for the SWA project. Key technical highlights of the commercial-scale DLE column include: lithium recovery efficiency of 95.4% and excellent contaminant rejection rates. Nearly 10,000 operational cycles have been completed by the Li-pro LSS technology to date.
- Strategic additions to board of directors and executive team strengthen leadership. David Park assumed the position of Chief Executive Officer (“CEO”) and Director of the Company on September 1, 2024, following the retirement of CEO, Director and founder Robert Mintak. Further, the Company announced on December 10, 2024 the appointment of Paul Collins as an independent member of its board of directors.
- Cash and working capital of $31.2 million and $27.5 million, respectively, as of December 31, 2024.
- The Company has no term or revolving debt obligations as of December 31, 2024.
Consolidated Financial Statements
This news release should be read in conjunction with the Company’s Consolidated Financial Statements and MD&A for the six month fiscal period ended December 31, 2024, which are available on the Company’s issuer profile on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov.
Six-Month Fiscal Period Ended December 31, 2024 Call and Webcast
The Company will hold a conference call and webcast to discuss its six-month fiscal period ended December 31, 2024 on Friday, March 28th at 3:30 p.m. ET. Access to the call is available via webcast or direct dial.
Conference Call and Webcast Details
Standard Lithium Six Month Fiscal Period Ended December 31, 2024 Results Call and Webcast March 28, 2025 3:30 p.m. Eastern Time (US and Canada)Participant Information:
Conference ID: 6644028USA / International Toll +1 (646) 307-1963
USA – Toll-Free (800) 715-9871
Canada – Toronto (647) 932-3411
Canada – Toll-Free (800) 715-9871Attendee Webcast Link:
https://events.q4inc.com/attendee/457319305Incentive Grant
The Company also announces that it will grant stock options (“Options”), restricted share units (“RSUs”), and deferred share units (“DSUs”) valued at $3,513,000 to management and directors under the Company’s shareholder-approved incentive plans effective March 26, 2025. An additional 300,000 Options will be granted to Ms. Narwold effective March 26, 2025 in connection with her appointment to the board of directors. All Option entitlements will be calculated using the Black-Scholes method and will be exercisable for a period of sixty months at a price equivalent to the US dollar closing price on the NYSE American on March 26, 2025. A portion of the Options will vest in equal thirds over thirty-six months, with the balance vesting immediately. All RSU and DSU entitlements will be calculated using the US dollar closing price on the NYSE American on March 26, 2025. The RSUs will also vest in equal thirds over 36 months. DSUs will vest after 12 months and settle in common shares upon the holder’s departure from the Company or a change of control.
The grant of the incentive securities is intended to align compensation of directors and management with the interests of shareholders. For further information regarding the shareholder-approved incentive plans, readers are encouraged to review the management information circular prepared for the Company’s annual general meeting which includes summaries of the incentive plans and which is available under the Company’s profile on SEDAR+ (www.sedarplus.com) and by visiting the Company’s website (www.standardlithium.com).
About Standard Lithium Ltd.
Standard Lithium is a leading near-commercial lithium development company focused on the sustainable development of a portfolio of large, high-grade lithium-brine properties in the United States. The Company prioritizes projects characterized by the highest quality resources, robust infrastructure, skilled labor, and streamlined permitting. Standard Lithium aims to achieve sustainable, commercial-scale lithium production via the application of a scalable and fully integrated DLE and purification process. The Company’s flagship projects are located in the Smackover Formation, a world-class lithium brine asset, focused in Arkansas and Texas. In partnership with global energy leader Equinor, Standard Lithium is advancing the South West Arkansas project, a greenfield project located in southern Arkansas, and actively exploring promising lithium brine prospects in East Texas. Additionally, the Company is advancing the Phase 1A project in partnership with LANXESS Corporation, a brownfield development project located in southern Arkansas. Standard Lithium also holds an interest in certain mineral leases in the Mojave Desert in San Bernardino County, California.
Standard Lithium trades on both the TSX Venture Exchange and the NYSE American under the symbol “SLI”. Please visit the Company’s website at www.standardlithium.com.
Qualified Person
Steve Ross, P.Geo., a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, and Vice President Resource Development for the Company, has reviewed and approved the relevant scientific and technical information in this news release.
Investor and Media Inquiries
Chris Lang
Standard Lithium Ltd.
+1 604 409 8154
investors@standardlithium.comNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target,” “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to intended development timelines, future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, fluctuations in the market for lithium and its derivatives, changes in exploration costs and government regulation in Canada and the United States, and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.
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MIL-OSI: Fluent, Inc. Announces $5.0 Million Private Offering
Source: GlobeNewswire (MIL-OSI)
NEW YORK, March 24, 2025 (GLOBE NEWSWIRE) — Fluent, Inc. (NASDAQ: FLNT), a commerce media solutions company, today announced that it will issue unregistered pre-funded warrants to purchase up to 2,332,104 shares of its common stock at a purchase price of $2.174 in a private offering. The exercisability of the pre-funded warrants will be subject to stockholder approval, which the Company shall seek at its next annual meeting of stockholders. If such stockholder approval is obtained, the pre-funded warrants may be exercised at any time at an exercise price of $0.0005 per share until all of the pre-funded warrants are exercised in full. The closing of the private placement occurred on March 20, 2025, subject to the satisfaction of customary closing conditions.
The aggregate net gross proceeds to Fluent from the offering were approximately $5.0 million. Fluent intends to use the proceeds for general corporate purposes.
“We’re thrilled to have the continued support of our insider shareholders as we drive forward with our strategic shift to Commerce Media Solutions—our fastest-growing business, scaling at triple digit year-over-year growth since its launch in early 2023,” commented Don Patrick, Fluent’s Chief Executive Officer. “This financing, along with our lender’s ongoing support, reinforces our financial strength and fuels our momentum as we capture market share in this rapidly expanding sector.”
The pre-funded warrants described above are being issued in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and, along with the shares of common stock underlying such pre-funded warrants, have not been registered under the Securities Act, or applicable state securities laws. Accordingly, the pre-funded warrants and underlying shares of common stock may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws.
About Fluent, Inc.
Fluent, Inc. (NASDAQ: FLNT) is a commerce media solutions provider connecting top-tier brands with highly engaged consumers. Leveraging exclusive ad inventory, robust first-party data, and proprietary machine learning, Fluent unlocks additional revenue streams for partners and empowers advertisers to acquire their most valuable customers at scale. Founded in 2010, Fluent uses its deep expertise in performance marketing to drive monetization and increase engagement at key touchpoints across the customer journey. For more insights visit http://www.fluentco.com/.
Contact Information:
Investor Relations
Fluent, Inc.
InvestorRelations@fluentco.com -
MIL-OSI: Roper Technologies to acquire CentralReach
Source: GlobeNewswire (MIL-OSI)
SARASOTA, Fla., March 24, 2025 (GLOBE NEWSWIRE) — Roper Technologies, Inc. (Nasdaq: ROP) today announced that it has reached a definitive agreement to acquire CentralReach from Insight Partners for a net purchase price of approximately $1.65 billion, including a $200 million tax benefit resulting from the transaction. Roper expects CentralReach to deliver sustainable 20%+ organic revenue and EBITDA growth.
CentralReach is a leading provider of cloud-native software enabling the workflow and administration of Applied Behavior Analysis (“ABA”) therapy. Over 200,000 professionals utilize CentralReach’s purpose-built solutions to help provide care for individuals with autism spectrum disorder (“ASD”) and related intellectual and developmental disabilities (“IDD”). ABA therapy providers rely on CentralReach’s comprehensive electronic medical records platform as their mission critical operating system, which includes highly specialized tools for client set-up, practice management, claims processing, care scheduling, clinical data collection, and service delivery, along with several AI-powered add-on modules.
“CentralReach is a fantastic business with clear niche market leadership, mission critical and high ROI solutions, a high recurring revenue mix, and outstanding customer retention, which leads to strong organic revenue growth and excellent cash conversion,” said Neil Hunn, Roper’s President and CEO. “This acquisition is another example of Roper identifying a business that provides greater value creation for our shareholders. CentralReach meets each of our long-standing acquisition criteria, while also having a structurally faster organic growth profile and the ability to expand margins under Roper’s long-term ownership. We are excited to welcome the CentralReach team to the Roper family and look forward to partnering with the team to execute their strategy.”
Acquisition financial outlook and financing
CentralReach is expected to contribute approximately $175 million of revenue and $75 million of EBITDA for the twelve months ending June 30, 2026, and will be reported in Roper’s Application Software segment. Roper expects CentralReach to deliver sustainable 20%+ organic revenue and EBITDA growth.
The transaction is expected to close in April/May 2025, subject to regulatory approval and customary closing conditions, and will be funded using Roper’s revolving credit facility. Additional information about CentralReach is available in the Investors section of Roper’s website (www.ropertech.com).
Use of non-GAAP financial information
Roper supplements its consolidated financial statements presented on a GAAP basis with certain non-GAAP financial information, including EBITDA, to provide investors with greater insight, increase transparency and allow for a more comprehensive understanding of the information used by management in its financial and operational decision-making. Roper defines EBITDA as earnings before interest, taxes, depreciation, and amortization. Roper has not provided a reconciliation of the expected EBITDA contribution by CentralReach to the expected net income contribution by CentralReach for the twelve months ending June 30, 2026 because we are unable to quantify certain amounts that would be required to be included in CentralReach’s contribution to net income without unreasonable efforts. In addition, Roper believes such reconciliation would imply a degree of precision that would be confusing or misleading to investors. The non-GAAP financial measure disclosed by Roper in this press release should not be considered a substitute for, or superior to, financial measures prepared in accordance with GAAP, and the financial results prepared in accordance with GAAP and reconciliations from these results should be carefully evaluated.
About Roper Technologies
Roper Technologies is a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. Roper has a proven, long-term track record of compounding cash flow and shareholder value. The Company operates market leading businesses that design and develop vertical software and technology enabled products for a variety of defensible niche markets. Roper utilizes a disciplined, analytical, and process-driven approach to redeploy its excess capital toward high-quality acquisitions. Additional information about Roper is available on the Company’s website at www.ropertech.com.
About CentralReach
CentralReach is a leading provider of Autism and IDD Care Software, providing a complete, end-to-end software and services platform that helps therapists who serve children and adults diagnosed with autism spectrum disorder (ASD) and related intellectual and developmental disabilities (IDD). With its roots in Applied Behavior Analysis, the company is revolutionizing how the lifelong journey of autism and IDD care is enabled at home, school, and work with powerful and intuitive solutions purpose-built for each care setting.
Trusted by more than 200,000 professionals globally, CentralReach is committed to ongoing product advancement, market-leading industry expertise, world-class client satisfaction, and support of the autism and IDD community to propel autism and IDD care into a new era of excellence. For more information, please visit www.CentralReach.com.
Contact information:
Investor Relations
941-556-2601
investor-relations@ropertech.comThe information provided in this press release contains forward-looking statements within the meaning of the federal securities laws. These forward-looking statements may include, among others, statements regarding operating results, the success of our internal operating plans, and the prospects for newly acquired businesses to be integrated and contribute to future growth, profit and cash flow expectations. Forward-looking statements may be indicated by words or phrases such as “anticipate,” “estimate,” “plans,” “expects,” “projects,” “should,” “will,” “believes,” “intends” and similar words and phrases. These statements reflect management’s current beliefs and are not guarantees of future performance. They involve risks and uncertainties that could cause actual results to differ materially from those contained in any forward-looking statement. Such risks and uncertainties include our ability to identify and complete acquisitions consistent with our business strategies, integrate acquisitions that have been completed, realize expected benefits and synergies from, and manage other risks associated with, acquired businesses, including obtaining any required regulatory approvals with respect thereto. We also face other general risks, including our ability to realize cost savings from our operating initiatives, general economic conditions and the conditions of the specific markets in which we operate, including risks related to labor shortages and rising interest rates, changes in foreign exchange rates, risks related to changing U.S. and foreign trade policies, including increased trade restrictions or tariffs, risks associated with our international operations, cybersecurity and data privacy risks, including litigation resulting therefrom, risks related to political instability, armed hostilities, incidents of terrorism, public health crises (such as the COVID-19 pandemic) or natural disasters, increased product liability and insurance costs, increased warranty exposure, future competition, changes in the supply of, or price for, parts and components, including as a result of inflation and potential supply chain constraints, environmental compliance costs and liabilities, risks and cost associated with litigation, potential write-offs of our substantial intangible assets, and risks associated with obtaining governmental approvals and maintaining regulatory compliance for new and existing products. Important risks may be discussed in current and subsequent filings with the SEC. You should not place undue reliance on any forward-looking statements. These statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.
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MIL-OSI: EZCORP Announces Private Offering of $300,000,000 of Senior Notes Due 2032
Source: GlobeNewswire (MIL-OSI)
AUSTIN, Texas, March 24, 2025 (GLOBE NEWSWIRE) — EZCORP, Inc. (NASDAQ: EZPW) (the “Company”), a leading provider of pawn transactions in the United States and Latin America, announced today that it intends to offer, subject to market conditions and other factors, $300,000,000 aggregate principal amount of its senior notes due 2032 (the “Notes”) in a private offering. The Notes will be senior unsecured obligations of the Company and will be fully and unconditionally guaranteed by certain of the Company’s wholly owned domestic subsidiaries (the “Guarantors”) and may be guaranteed in the future by certain other existing and future subsidiaries that guarantee certain indebtedness of the Company or any Guarantor.
The Company expects to use a portion of the net proceeds from the offering of the Notes to repay its outstanding 2.375% Convertible Senior Notes Due 2025 at maturity, and the remainder for general corporate purposes.
The Notes are being offered in a private placement, solely to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), or outside the United States to certain non-U.S. persons in reliance on Regulation S under the Securities Act. The offer and sale of the Notes and related guarantees have not been registered under the Securities Act, or the securities laws of any state or other jurisdiction, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and other applicable securities laws. There is no assurance that the offering of the Notes will be completed or, if completed, the terms on which it is completed.
This press release is neither an offer to sell nor a solicitation of an offer to buy any securities, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This announcement contains certain forward-looking statements. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “seeks,” “possible,” “potential,” “predict,” “project,” “prospects,” “guidance,” “outlook,” “should,” “would,” “will,” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These statements are based on the Company’s current expectations as to the outcome and timing of future events. All statements, other than statements of historical facts, including all statements regarding the proposed offering of the Notes or intended use of proceeds thereof, that address activities or results that the Company plans, expects, believes, projects, estimates or anticipates will, should or may occur in the future, including future capital expenditures and future financial or operating results, are forward-looking statements. Actual results for future periods may differ materially from those expressed or implied by these forward-looking statements due to a number of uncertainties and other factors, including operating risks, liquidity risks, legislative or regulatory developments, market factors and current or future litigation. For a discussion of these and other factors affecting the Company’s business and prospects, see the Company’s annual, quarterly and other reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.
ABOUT EZCORP
Formed in 1989, EZCORP has grown into a leading provider of pawn transactions in the United States and Latin America. We also sell pre-owned and recycled merchandise, primarily collateral forfeited from pawn lending operations and merchandise purchased from customers. We are dedicated to satisfying the short-term cash needs of consumers who are both cash and credit constrained, focusing on an industry-leading customer experience. EZCORP is traded on NASDAQ under the symbol EZPW and is a member of the S&P 1000 Index and Nasdaq Composite Index.
Contact:
Email: Investor_Relations@ezcorp.com
Phone: (512) 314-2220
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MIL-OSI Economics: Reserve Bank cancels Certificate of Registration (CoR) of M/s. Unitara Finance Limited
Source: Reserve Bank of India
In exercise of powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934 (the Act), the Reserve Bank of India by its order dated March 24, 2025 has cancelled the Certificate of Registration No. B-03.00016 dated February 20, 1998 issued to M/s. Unitara Finance Limited, CIN No. U65921MP1994PLC008248, having its Registered Office at 70, Transport Nagar Indore, Madhya Pradesh-452001 for carrying on the business of a Non-Banking Financial Institution as defined in section 45-I(a) of the Act.
The company therefore cannot carry on the business of a Non-Banking Financial Institution under the Act.
(Puneet Pancholy)
Chief General ManagerPress Release: 2024-2025/2448
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MIL-OSI Africa: Minister reflects on department’s achievements, challenges in first three months
Source: South Africa News Agency
Minister reflects on department’s achievements, challenges in first three months
Human Settlements Minister Thembi Simelane has commended the department’s team for the work done to realise one of the principles of the Freedom Charter of providing houses, security and comfort.
This comes as the Minister reflects on the progress made in the three months since her appointment, acknowledging both the achievements and the challenges that lie ahead.
Progress and achievements
In a statement on Monday, Simelane said several key strides hace been made by the department, including responding to emergencies such as floods and fires in the Western Cape and KwaZulu-Natal.
She highlighted visits to various human settlements projects and a significant meeting held with provincial Members of the Executive Council (MECs) to discuss the five-year Medium-Term Development Plan (MTDP), and review progress on the implementation of the 2024/2025 priorities and proposed policy changes, among others.
In collaboration with the Department of Social Development, the Ministry has developed the Special Housing Needs Programme Grant designed to support the implementation of the Special Housing Needs Programme (SHNP).
“This programme seeks to provide amenities required in human settlements to help those who cannot independently live by themselves. This includes persons with disabilities, victims of domestic violence and the elderly,” the Minister explained.
Additionally, the department has worked to ensure stability within its entities by appointing and inducting new board members to serve in five of the six department’s entities.
A White Paper on Human Settlements was also approved in December 2024, focusing on developing a policy and legislative framework for Integrated and Sustainable Human Settlements.
The framework aims to provide housing, safety, and comfort for all, with a particular emphasis on vulnerable groups, the poor, and the “missing middle” of society.
Addressing challenges
Simelane said the period has enabled her to fully understand the challenges faced by the sector. These include budget cuts, poor contract management leading to project abandonment, allegations of fraud and corruption, a trust deficit between the department and its stakeholders, distressed social housing projects, and finding permanent solutions to the country’s informal settlements.
“These challenges inform us that there is no silver bullet to resolve our challenges. Government alone cannot provide solutions. Partnership with the private sector, the public, and NGOs [non-governmental organisations] will bring us closer to a permanent solution to our country’s housing challenges,” Simelane said.
The Minister addressed the issue of tenants deliberately boycotting rental agreements in social housing projects. She stressed that social housing is rental accommodation, and that tenants are legally obliged to pay rent.
“Failure to do so will lead to eviction. Do not blame government. Do the honourable thing, pay rent, and enjoy decent and affordable accommodation closer to economic activities and social amenities,” the Minister said.
Post Investment Support Programme
To foster mutually beneficial partnerships with the private sector, contractors and developers, and address issues that have cost the government millions of rands, the Minister announced that the department will launch the Emerging Developer Incubator and Post Investment Support Programme.
The programme, through the National Housing Finance Corporation (NHFC), will be launched on 28 March 2025.
This initiative aims to provide non-financial support to emerging developers, particularly those who have been historically disadvantaged. The programme will assist them in packaging funding proposals, managing construction phases and post-investments, and marketing completed units after construction.
“Empowered contractors are a vehicle to our success. If contractors and developers were to deliver quality human settlement projects on time and within budget, nothing would stand in our way of achieving our goals,” Simelane said.
She further outlined some of the department’s immediate priorities, including completing stalled or blocked projects, addressing the backlog of military veterans’ housing, and prioritising housing for vulnerable groups and the destitute.
Investigation into George building collapse
Meanwhile, the Minister said she has received the preliminary report of the National Home Builders Regulatory Council (NHBRC) has into the building that collapsed in George, Western Cape, in 2024.
The final report is expected to be completed shortly.
Simelane will in the coming months unpack departmental priorities, in line with the 2024-2025 MTDP, and explain how the priorities will contribute to government’s three key goals: driving inclusive growth and job creation, reducing poverty and tackling the high cost of living, and building a capable, ethical, and developmental State. – SAnews.gov.za
GabiK
Mon, 03/24/2025 – 12:5947 views
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MIL-OSI Africa: The International Islamic Trade Finance Corporation (ITFC) Signs EUR 40 Million Trade Finance Agreement to Strengthen Comoros’ Energy Security
Source: Africa Press Organisation – English (2) – Report:
JEDDAH, Saudi Arabia, March 24, 2025/APO Group/ —
The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), the trade finance arm of the Islamic Development Bank (IsDB) Group, signed a EUR 40 million trade finance agreement with the Union of Comoros to support the country’s energy sector. In line with the US$330 million three-year Framework Agreement signed in September 2024, this facility will enable Société Comorienne d’Hydrocarbures (SCH), as the executing agency, to import refined petroleum products and liquefied petroleum gas (LPG), ensuring a steady and reliable energy supply for businesses and households.
This financing is a crucial step in maintaining energy security, economic resilience, and social stability in the country by providing up to 100 percent of the country’s estimated 100,000 cubic meters of annual petroleum imports requirement.
The agreement was signed by H.E. Ibrahim Mohamed Abdourazak, Minister of Finance, Budget, and Banking Sector of the Union of Comoros, and Abdihamid Abu, General Manager, Trade Finance, ITFC.
Commenting on the signing, Abdihamid Abu, stated: “This financing reaffirms ITFC’s long-standing commitment to Comoros. By ensuring a stable energy supply, we are not only safeguarding essential services and industries but also driving broader economic growth, fostering resilience, and supporting the nation’s long-term development agenda.”
Since 2008, ITFC has extended a total of US$657 million in financing to the Union of Comoros, with SCH serving as the executing agency in 26 trade finance operations. This latest agreement builds on that strong track record, further reinforcing ITFC’s strategic partnership with Comoros while supporting energy security (SDG 7), industrial growth (SDG 9), and economic stability (SDG 8).
As part of its broader mission, ITFC remains dedicated to enhancing trade finance accessibility and strengthening economic resilience, in its member countries. By securing critical imports such as petroleum products, ITFC ensures that Comoros can sustain its economic momentum, protect jobs, and enhance the quality of life for its citizens.
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MIL-OSI Europe: Publication of state financial statements for 2024
Source: Switzerland – Department of Finance
As of 24 March 2025, the state financial statements for 2024 are available in electronic format on the website of the Federal Finance Administration (FFA). The figures are also available in the federal budget data portal. The hard copy will be released on 14 April 2025. The Federal Treasury activity report is published to complement the state financial statements.
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MIL-OSI: Ep3Oil, Inc. Announces Letter To Shareholders
Source: GlobeNewswire (MIL-OSI)
PLANT CITY, Fla., March 24, 2025 (GLOBE NEWSWIRE) — Ep3Oil, Inc. (OTC: EEEP) (“the Company ”), is an Independent oil and gas company operating in the Oil and Gas sector. It is pleased to announce a communication to its shareholders and interested parties.
Dear Shareholders and interested parties:
The company is pleased to report that we’ve been able to generate positive momentum in 2025, creating an effort to significantly decrease our liabilities and operating costs while focusing on core business opportunities. These moves have allowed us to streamline our operational focus to high-growth oil and gas sectors.
Corporate Updates:
OTC Markets Current Information
The Company expects to file its annual disclosures and financial statements on time.
Name Change & Symbol Change
The official name change to Ep3Oil, Inc. has been completed, and the company is now officially listed under the ticker symbol EEEP.
Financing
The Company has sold 18,000,000 Common Shares of stock at $.27 per share and 350 Preferred Shares of stock in exchange for $5,000,000 USD (after asset conversion) to acquire producing assets with additional income generating oil locations.
Go Forward Strategy
The ‘go forward’ strategy is to continue to increase and add revenue through the acquisition of cash flow producing assets with high upside potential, while decreasing debt from the company’s balance sheet. This approach will generate immediate revenues, substantial upside with additional income generating oil opportunities, and increased shareholder value over the long term.
Sincerely,
Glenn Klinker
CEO, Ep3Oil, Inc.
About Ep3Oil, Inc.:
EP3Oil, Inc. is an Independent Oil Company operating in the Oil and Gas industry. The company can be found at: https://ep3oil.com/EN/
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: anticipate, believe, continue, could, estimate, expect, intend, may, ongoing, potential, predict, should, will, would, or the negative of these terms, or other comparable terminology, although not all forward-looking statements contain these words.
Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at or by which such performance or results will be achieved. Forward-looking statements are not a guarantee of future performance.
Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty, and other factors that may cause our results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release.
This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.
Contact:
Glenn Klinker – CEO & Chairman
Phone: (702) 480-3215
Email: GLENN@EP3OIL.com
Website: www.EP3OIL.com -
MIL-OSI: Sunrun and PG&E Harness Home Storage and Solar to Alleviate Local Grid Constraints
Source: GlobeNewswire (MIL-OSI)
SAN FRANCISCO, March 24, 2025 (GLOBE NEWSWIRE) — Sunrun (Nasdaq: RUN), the nation’s leading provider of clean energy as a subscription service, today announced a new innovative partnership with Pacific Gas and Electric Company (PG&E). The collaboration will utilize hundreds of Sunrun solar-plus-storage customer homes to deliver targeted load relief to neighborhoods identified with highly constrained electric grids. The goal of this approach is to help avoid or defer growth-related distribution investments, reducing costs for ratepayers.
The Sunrun-operated program will be activated for up to 100 hours from June through October and include approximately 600 Sunrun customers residing in sections of PG&E’s service area that are experiencing distribution circuit constraints.
“Customers with home batteries are a solution to alleviating strain on our electric grid,” said Sunrun CEO Mary Powell. “We’re experiencing a fundamental shift as homes are no longer just energy consumers. With storage and solar, they become powerful grid assets, delivering affordable, reliable power exactly when and where it’s needed for communities and across the grid.”
Sunrun’s Local PeakShift Power program is part of PG&E’s 2025 Seasonal Aggregation of Versatile Energy (SAVE) virtual power plant. In this demonstration, Sunrun will receive information from PG&E on distribution grid needs and, in turn, help PG&E analyze the contributions of distributed energy resources. This collaboration will support the development of new long-term programs to meet the California Energy Commission’s load-shifting goals while also enhancing local reliability.
“Virtual power plants play a significant role in California’s clean energy future and we’re proud of our customers who are leading the charge with their clean energy adoption. Every day, we’re looking at new and better ways to deliver for our hometowns while ensuring safety, reliability and resiliency for our customers,” said Patti Poppe, CEO of PG&E Corporation.
The delivery of targeted power to local PG&E circuits will leverage Sunrun’s deep existing partnerships with leading companies Tesla and Lunar Energy. Sunrun will use an advanced application of Tesla’s grid services platform to optimize Powerwall batteries to provide an exact amount of power at specific times to different locations. Similarly, Sunrun will leverage Lunar Energy’s AI-enabled forecasting through its Gridshare software platform to precisely dispatch various non-Tesla battery types to meet local grid needs.
This collaboration marks the second time Sunrun and PG&E have partnered to create a virtual power plant to support California’s power grid. Both partnerships highlight Sunrun’s ability to design and rapidly deploy virtual power plants that meet the specific needs of grid operators. Local PeakShift Power will be operationalized in just months, demonstrating the speed and efficiency of Sunrun’s virtual power plant capabilities.
Sunrun customers enrolled in Local PeakShift Power will receive a one-time payment of $150 per battery for sharing their stored solar energy with their communities, while Sunrun will be compensated for managing battery dispatches. Enrolled batteries will always retain at least a 20% backup reserve to ensure power availability at customers’ homes in the event of a power outage.
With 156,000 residential battery systems across the country, Sunrun can support targeted utility initiatives and statewide virtual power plant programs. Sunrun’s grid services platform and subscription model allow for flexibility when it comes to enrolling customers in different programs in order to achieve the highest value for the company, its customers, and the grid.
About Sunrun
Sunrun Inc. (Nasdaq: RUN) revolutionized the solar industry in 2007 by removing financial barriers and democratizing access to locally-generated, renewable energy. Today, Sunrun is the nation’s leading provider of clean energy as a subscription service, offering residential solar and storage with no upfront costs. Sunrun’s innovative products and solutions can connect homes to the cleanest energy on earth, providing them with energy security, predictability, and peace of mind. Sunrun also manages energy services that benefit communities, utilities, and the electric grid while enhancing customer value. Discover more at www.sunrun.com.About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE: PCG), is a combined natural gas and electric utility serving more than sixteen million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/newsMedia Contact
Wyatt Semanek
Director, Corporate Communications
press@sunrun.comInvestor & Analyst Contact
Patrick Jobin
SVP, Deputy CFO & Investor Relations Officer
investors@sunrun.com -
MIL-OSI: Bitcoin Depot Names David Gray as Chief Financial Officer
Source: GlobeNewswire (MIL-OSI)
ATLANTA, March 24, 2025 (GLOBE NEWSWIRE) — Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, announced today that David Gray has been appointed Chief Financial Officer (CFO), effective immediately. Gray brings over 20 years of financial leadership experience, with a proven track record of success in driving business transformation, optimizing financial performance, leading high-value mergers and acquisitions, and advising on the impacts of complex strategic initiatives.
As CFO, Gray will oversee Bitcoin Depot’s financial strategy, treasury, and corporate development, ensuring the company remains well-positioned for continued growth amid an evolving cryptocurrency landscape.
Gray joins Bitcoin Depot from Aviat Networks, where he served as CFO and helped lead the company’s growth from $275 million to nearly $500 million in revenue through strategic acquisitions and financial transformation initiatives. Previously, he held CFO and senior finance leadership roles at Superior Essex, Eaton Corporation, and Newell Brands.
“David’s expertise in financial strategy, operational excellence, and strategic planning makes him a valuable addition to our leadership team,” said Brandon Mintz, CEO of Bitcoin Depot. “His experience navigating complex financial landscapes and driving sustainable growth will be crucial as we continue to expand Bitcoin access, scale our operations, and reinforce our market leadership.”
Commenting on his appointment, Gray said: “Bitcoin Depot has built a strong foundation as a leader in the Bitcoin ATM sector, and I’m eager to contribute to its financial strategy during a time of rapid innovation and expansion. I look forward to collaborating with the leadership team to enhance Bitcoin Depot’s financial strength, drive strategic growth, and support its mission of expanding access to Bitcoin.”
Gray holds a B.S. in Accounting from Penn State University and is a Certified Management Accountant (CMA) and a Certified Public Accountant (CPA).
About Bitcoin Depot
Bitcoin Depot Inc. (Nasdaq: BTM) was founded in 2016 with the mission to connect those who prefer to use cash to the broader, digital financial system. Bitcoin Depot provides its users with simple, efficient and intuitive means of converting cash into Bitcoin, which users can deploy in the payments, spending and investing space. Users can convert cash to bitcoin at Bitcoin Depot kiosks in 48 states and at thousands of name-brand retail locations in 29 states through its BDCheckout product. The Company has the largest market share in North America with approximately 8,400 kiosk locations as of December 31, 2024. Learn more at www.bitcoindepot.com.
Cautionary Note Regarding Forward-Looking Statements
This press release and any oral statements made in connection herewith include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended. Forward-looking statements are any statements other than statements of historical fact, and include, but are not limited to, statements regarding the expectations of plans, business strategies, objectives and growth and anticipated financial and operational performance, including our growth strategy and ability to increase deployment of our products and services, our ability to strengthen our financial profile, and worldwide growth in the adoption and use of cryptocurrencies. These forward-looking statements are based on management’s current beliefs, based on currently available information, as to the outcome and timing of future events. Forward-looking statements are often identified by words such as “anticipate,” “appears,” “approximately,” “believe,” “continue,” “could,” “designed,” “effect,” “estimate,” “evaluate,” “expect,” “forecast,” “goal,” “initiative,” “intend,” “may,” “objective,” “outlook,“ ”plan,“ ”potential,“ ”priorities,“ ”project,“ ”pursue,“ ”seek,“ ”should,“ ”target,“ ”when,“ ”will,“ ”would,” or the negative of any of those words or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, although not all forward-looking statements contain such identifying words. In making these statements, we rely upon assumptions and analysis based on our experience and perception of historical trends, current conditions, and expected future developments, as well as other factors we consider appropriate under the circumstances. We believe these judgments are reasonable, but these statements are not guarantees of any future events or financial results. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond our control.
These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political and legal conditions; failure to realize the anticipated benefits of the business combination; risks relating to the uncertainty of our projected financial information; future global, regional or local economic and market conditions; the development, effects and enforcement of laws and regulations; our ability to manage future growth; our ability to develop new products and services, bring them to market in a timely manner and make enhancements to our platform; the effects of competition on our future business; our ability to issue equity or equity-linked securities; the outcome of any potential litigation, government and regulatory proceedings, investigations and inquiries; and those factors described or referenced in filings with the Securities and Exchange Commission. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that we do not presently know or that we currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect our expectations, plans or forecasts of future events and views as of the date of this press release. We anticipate that subsequent events and developments will cause our assessments to change.
We caution readers not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information, future events, or other factors that affect the subject of these statements, except where we are expressly required to do so by law. All written and oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary statement.
Contacts:
Investors
Cody Slach
Gateway Group, Inc.
949-574-3860
BTM@gateway-grp.comMedia
Brenlyn Motlagh, Ryan Deloney
Gateway Group, Inc.
949-574-3860
BTM@gateway-grp.com -
MIL-OSI: Oxbridge / SurancePlus to Speak at Uncorrelated Puerto Rico on April 1st
Source: GlobeNewswire (MIL-OSI)
GRAND CAYMAN, Cayman Islands, March 24, 2025 (GLOBE NEWSWIRE) — Oxbridge Re Holdings Limited (Nasdaq: OXBR) (“Oxbridge Re”), together with its subsidiary SurancePlus, is engaged in the tokenization of Real-World Assets (“RWAs”), initially with tokenized reinsurance securities and in providing reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States. The company today announced that its CEO and Chairman, Jay Madhu, will participate as a panelist at the Uncorrelated Puerto Rico summit, taking place March 30th – April 1st at the Condado Vanderbilt Hotel in San Juan, Puerto Rico.
Panel: Sustainable Profits: Impact Investing in the Caribbean
Date: Tuesday, April 1, 2025
Time: 11:55 AM (CDT)
Location: Condado Vanderbilt Hotel, San Juan, PRUncorrelated Puerto Rico
Uncorrelated Puerto Rico is expected to host over 300 LPs, fund managers, allocators and startup leaders, and will feature deep-dive sessions on emerging markets and direct investment opportunities. Oxbridge / SurancePlus CEO Jay Madhu will join global and regional leaders to explore how private capital is being deployed into high-return, alternative strategies. The discussion will include SurancePlus’ innovative approach to tokenizing reinsurance contracts – offering uncorrelated, high-yield investment opportunities.
For the first time, investors can gain access to the SurancePlus offering by choosing their preferred risk-return profile with two distinct tokenized reinsurance offerings:
- EtaCat Re – 20% Annual Targeted Return (Balanced Yield)
- ZetaCat Re – 42% Annual Targeted Return (High Yield)
Invest now at SurancePlus.com/invest
Jay Madhu, CEO of Oxbridge, commented, “Uncorrelated Puerto Rico is a valuable platform to connect with allocators, family offices and investors seeking differentiated opportunities. Through tokenized reinsurance, we have opened access to a traditionally exclusive asset class – offering global investors exposure to high-yield opportunities backed by blockchain infrastructure, regulatory compliance and real-world utility.”
Meet Oxbridge / SurancePlus at Uncorrelated Puerto Rico
Investors and potential partners interested in Oxbridge and SurancePlus’ tokenized reinsurance offerings are encouraged to connect with the team during the event. Contact details are provided below.
Disclaimer: This press release does not constitute an offer to sell nor a solicitation of an offer to buy the EtaCat Re or ZetaCat Re tokenenized reinsurance securities (the “Securities”). The Securities are not required to be, and have not been, registered under the United States Securities Act of 1933, as amended, in reliance on the exemptions provided by Regulation S and SEC Rule 506(c) thereunder. Offers and sales of the Securities are made only by, and pursuant to, the terms set forth in the Confidential Private Placement Memorandum relating to the Securities. The offering of the Securities is not being made to persons in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky, or other laws of such jurisdiction.
About Oxbridge Re Holdings Limited
Oxbridge Re Holdings Limited (NASDAQ: OXBR, OXBRW) (“Oxbridge”) is headquartered in the Cayman Islands. The company offers tokenized Real-World Assets (“RWAs”) as tokenized reinsurance securities and reinsurance business solutions to property and casualty insurers, through its wholly owned subsidiaries SurancePlus Inc., Oxbridge Re NS, and Oxbridge Reinsurance Limited.
Insurance businesses in the Gulf Coast region of the United States purchase property and casualty reinsurance through our licensed reinsurers Oxbridge Reinsurance Limited and Oxbridge Re NS.
Our Web3-focused subsidiary, SurancePlus Inc. (“SurancePlus”), has developed the first “on-chain” reinsurance RWA of its kind to be sponsored by a subsidiary of a publicly traded company. By digitizing interests in reinsurance contracts as on-chain RWAs, SurancePlus has democratized the availability of reinsurance as an alternative investment to both U.S. and non-U.S. investors.
Company Contact:
Oxbridge Re Holdings Limited
Jay Madhu, CEO
+1 345-749-7570
jmadhu@oxbridgere.comForward-Looking Statements
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “estimate,” “expect,” “intend,” “plan,” “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. A detailed discussion of risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements is included in the section entitled “Risk Factors” contained in our Form 10-K filed with the Securities and Exchange Commission (“SEC”) on 26th March 2024. The occurrence of any of these risks and uncertainties could have a material adverse effect on the Company’s business, financial condition and results of operations. Any forward-looking statements made in this press release speak only as of the date of this press release and, except as required by law, the Company undertakes no obligation to update any forward-looking statement contained in this press release, even if the Company’s expectations or any related events, conditions or circumstances change.
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MIL-OSI: FTC Solar to Announce Fourth Quarter and Full Year 2024 Financial Results Monday, March 31, 2025
Source: GlobeNewswire (MIL-OSI)
AUSTIN, Texas, March 24, 2025 (GLOBE NEWSWIRE) — FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software, and engineering services, today announced it will report its fourth quarter and full year 2024 financial results before market open on Monday, March 31, 2025.
A conference call for members of the investment community will be held at 8:30 a.m. E.T. that same day, during which the Company will discuss its fourth quarter and full year 2024 results, its outlook and other business items. This call will be webcast and can be accessed within the Investor Relations section of the FTC Solar corporate website at investor.ftcsolar.com. A replay of the conference call will also be available on the website for 30 days following the webcast.
About FTC Solar, Inc.
Founded in 2017 by a group of renewable energy industry veterans, FTC Solar is a leading provider of solar tracker systems, technology, software, and engineering services. Solar trackers significantly increase energy production at solar power installations by dynamically optimizing solar panel orientation to the sun. FTC Solar’s innovative tracker designs provide compelling performance and reliability, with an industry-leading installation cost-per-watt advantage.FTC Solar Investor Contact:
Bill Michalek
Vice President, Investor Relations
FTC Solar
T: (737) 241-8618
E: IR@FTCSolar.com