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Category: Finance

  • MIL-OSI Security: Trio Sentenced to More Than 16 Years in Federal Prison for Mail Theft and Card Cracking Scheme

    Source: Office of United States Attorneys

    INDIANAPOLIS— Three individuals have been sentenced to a combined 16 years in federal prison for their roles in a multi-year mail theft and bank fraud scheme.

    According to court documents, between October 2021 and April 2022, Cortez Venable, Ephraim Aung, and Brooke Bryan conspired together to commit bank fraud using financial documents such as checks and money orders, which were stolen from U.S. Postal Service (USPS) collection boxes. These collection boxes can only be opened by special “arrow keys” that belong to USPS letter carriers. In order to obtain the arrow keys, Venable and other unknown individuals robbed postal workers at gunpoint while they were on their daily routes delivering mail. Venable robbed a letter carrier on October 4, 2021. Prior to the robbery, Venable and Aung had been in contact via text message. Aung told Venable to take the letter carrier’s mail bag, in addition to their arrow keys, and to look for checks in the stolen mail.

    On December 6, 2021, Bryan and Aung served as lookouts while other unknown men attempted to rob a letter carrier of her arrow key in the parking lot of an apartment complex. The letter carrier ran to Bryan and Aung’s vehicle for help, unaware that they were involved in the scheme.

    Aung again served as a lookout during an armed robbery of a letter carrier that occurred on December 21, 2021.

    Using the arrow keys taken during the robberies, Venable and Aung stole mail, checks and money orders from USPS blue collection boxes in the Indianapolis area. Next, they used the stolen checks and money orders to obtain real cash by either (1) creating fraudulent checks and money orders using some or all of the information found on the stolen checks and money orders; or (2) altering the payee information on the stolen checks and money orders. Venable and Aung recruited others to deposit the fraudulent checks and money orders into their personal bank accounts, a scheme that has come to be known as “card cracking.” Bryan also deposited stolen financial instruments into her personal account.

    Card cracking is a form of fraud where bank account holders respond to an online solicitation for “easy money” and provide a debit card for withdrawal of fake check deposits. Criminals use social media platforms like Facebook, X, Instagram, or Telegram to solicit account holders. Those who respond to these solicitations – now accomplices – provide their debit card, PIN, password, and other personal identifying information to give the criminal direct access to their account, as well as payment of sometimes $15,000 for the service. The fraudster deposits the worthless checks and either immediately withdraws the funds at an ATM or transfers it out of the account via money transfer applications like Zelle or CashApp. The criminal sometimes provides the customer with a cut of the money withdrawn using worthless checks – or, in other cases, takes all funds out of the customer’s account.

    During a search of Venable’s car and home, U.S. Postal Service Investigators recovered 247 pieces of stolen mail, three arrow keys, $70,121.44 in stolen checks and four firearms. As a convicted felon, Venable was prohibited from possessing firearms.

    Investigators also searched the apartment that Bryan and Aung shared and located several stolen checks, altered money orders, laptops, a printer, a scanner, and blank check stock, along with other items commonly used to alter checks, including razor blades and white out. Multiple firearms were also recovered in their residence.

    In total, more than 150 people were victimized by this scheme, losing a total of approximately $104,747.09.

    Aung, Bryan and Venable were convicted and sentenced as follows:

    Defendant Charges Sentence
    Ephraim Aung, 23, Indianapolis
    • Conspiracy to Commit Bank Fraud
    • Bank Fraud, 2 Counts
    • Mail Theft

    5 years imprisonment

    3 years supervised release

    $807 in restitution

    $500 fine
    Brooke Bryan, 22, Indianapolis
    • Conspiracy to Commit Bank Fraud
    • Bank Fraud

    18 months imprisonment

    2 years supervised release

    $807 in restitution

    $500 fine
    Cortez Venable, 27, Lawrence
    • Conspiracy to Commit Bank Fraud
    • Bank Fraud
    • Robbery or Mail
    • Brandishing a Firearm In Furtherance of a Crime of Violence
    • Mail Theft
    • Keys or Locks Stolen

    130 months imprisonment

    3 years supervised release

    $807 in restitution

    $500 fine

    “Not only did this scheme victimize and traumatize letter carriers – it also victimized ordinary citizens who rely on the United States mail to send important correspondence or pay bills,” said John E. Childress, Acting United States Attorney for the Southern District of Indiana. “Letter carriers should not have to live in fear of gun violence simply for doing their jobs. Americans should not have to fear that their important financial documents will be stolen and exploited by fraudsters who wreak financial havoc. The serious federal prison sentences in this case demonstrates that the Department of Justice, working with our federal partners, will ensure there will be serious consequences for violence against public servants and fraud against the public.”

    “This sentencing represents the hard work and dedication by USPS OIG Special Agents, the U.S. Postal Inspectors and the Beech Grove and Lawrence Police Departments, working with the U.S. Attorney’s Office to bring charges on this significant mail theft investigation. Substantial sentences such as these are a staunch reminder of the severity of stealing from the U.S. Mail,” said Special Agent in Charge Dennus Bishop, U.S. Postal Service, Office of Inspector General, Central Area Field Office. “The majority of postal employees are hard-working public servants dedicated to moving mail to its proper destination. The USPS OIG, along with our law enforcement partners, remain committed to safeguarding the U.S. Mail and ensuring the accountability and integrity of U.S. Postal Service employees.”

    “The sentencing of these three individuals shows the utmost importance we place on the safety of U.S. Postal Service employees and the sanctity of the U.S. mail,” said Detroit Division Acting Inspector in Charge Felicia George. “We will not stop pursuing those who seek to harm our employees and victimize postal customers. We will bring them to justice to account for their violent and selfish crimes. The partnerships we’ve established with our USPS OIG counterparts, local police departments, and the U.S. Attorney’s Office allowed us to work jointly to pursue and hold these individuals accountable. Let this serve as reminder to those who want to make a quick dollar by traumatizing our letter carriers and financially preying on the American public: We will find you and bring you to justice.”

    The U.S. Postal Inspection Service investigated this case, with assistance from the U.S. Postal Service – Office of the Inspector General, the Beech Grove Police Department, and the Lawrence Police Department. The sentence was imposed by U.S. District Judge Sarah Evans Barker.

    Acting U.S. Attorney Childress thanked Assistant U.S. Attorneys Kelsey Massa and Meredith Wood and former Assistant U.S. Attorney Lawrence Hilton, who prosecuted this case.

    ###

    MIL Security OSI –

  • MIL-OSI Security: New Orleans Man Guilty of Drug Trafficking and Possessing Two Machineguns

    Source: Office of United States Attorneys

    NEW ORLEANS, LOUISIANA – TIERON PRICE (“PRICE”), age 22, pled guilty on February 4, 2025 before U.S. District Judge Darrel J. Papillion, to two counts of possessing a machinegun, in violation of 18 U.S.C. §§ 922(o) and 924(a)(2); possession with intent to distribute tapentadol, in violation of 21 U.S.C. §§ 841(a)(1) and 841(b)(1)(C); and possession of a firearm in furtherance of a drug trafficking crime, in violation of 18 U.S.C. § 924(c)(1)(A)(i).

    According to court documents, on May 22, 2023, PRICE was driving a stolen vehicle in New Orleans. When Louisiana State Police troopers attempted to pull him over, PRICE accelerated and led troopers on a dangerous, and potentially life threatening, car chase. The chase ended when PRICE struck a vehicle stopped at a red light.  PRICE, and two other occupants, fled but were caught.  Inside a backpack carried by one of the other occupants was a Glock Model 17, nine-millimeter caliber pistol, equipped with a Glock auto-sear, making the firearm a fully-automatic machinegun.  The machinegun had a bullet in the chamber and was loaded with an extended magazine containing 23 rounds of ammunition. 

    PRICE was arrested after the car chase but subsequently released on bond.  On January 19, 2024,  New Orleans Police Department detectives executed a search warrant at PRICE’s residence.  During the search, officers found a Glock Model 19, nine-millimeter caliber pistol, a black Glock auto-sear hidden in a baby bassinet, and a drum magazine loaded with 49 rounds.  PRICE was seen the day  before the search with the same gun equipped with the auto-sear and the drum magazine.  During the search, officers also found over $6,000 in cash, and 95 tapentadol pills that PRICE intended to distribute.

    As to each of his convictions for possession of a machinegun, PRICE faces up to 10 years in prison, up to three years of supervised release, and up to a $250,000 fine.  As to his drug trafficking conviction, he faces up to 20 years in prison, at least three years of supervised release, and up to a $1,000,000 fine.  As to his conviction for possessing a firearm in furtherance of that drug trafficking crime, he faces a mandatory minimum sentence of five years and up to life in prison, which must run consecutively to any other sentence, and up to five years of supervised release.  Each count also carries a mandatory special assessment fee of $100.

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

    The case was investigated by Federal Bureau of Investigation, the Bureau of Alcohol, Tobacco, Firearms, and Explosives, the Louisiana State Police, and the New Orleans Police Department.  It is being prosecuted by Assistant United States Attorney David Berman of the Violent Crime Unit.

    MIL Security OSI –

  • MIL-OSI Security: Houston Man Indicted for Coercing, Enticing Minors and Sexually Exploiting a Minor to Produce Child Sexual Abuse Material

    Source: Office of United States Attorneys

    Baltimore, Maryland – A federal grand jury returned an indictment charging Dazhon Darien, 32, of Houston, Texas, with five counts of sexual exploitation of a child, two counts of coercion and enticement of a child, one count of receipt of child sexual abuse material, and four counts of possession of child sexual abuse material.

    Erek L. Barron, U.S. Attorney for the District of Maryland, announced the charges with Special Agent in Charge William J. DelBagno of the Federal Bureau of Investigation, Baltimore Field Office, and Chief Robert McCullough, Baltimore County Police Department.

    According to the indictment, between July 2023 and July 2024, the defendant persuaded, induced, enticed, and coerced a minor male to engage in sexually explicit conduct for the purpose of producing and transmitting child sexual abuse material.  Additionally, the indictment alleges that the defendant enticed two minor males to engage in prohibited sexual conduct and Darien possessed child sexual abuse material in internet-based accounts and on one digital device.

    If convicted, Darien faces a mandatory minimum sentence of 15 years and up to a maximum sentence of 30 years in federal prison for each of the five counts of sexual exploitation of a minor; a mandatory minimum sentence of 10 years and up to a maximum sentence of life imprisonment for each of the two counts of coercion and enticement of a child; a mandatory minimum of five years and up to a maximum of 20 years in federal prison for the single count of receipt of child sexual abuse material, and a maximum of 20 years in federal prison for each of the four counts of possession of child sexual abuse material.

    Actual sentences for federal crimes are typically less than the maximum penalties. A federal district court judge determines sentencing after considering the U.S. Sentencing Guidelines and other statutory factors.

    An indictment is not a finding of guilt.  Individuals charged by indictment are presumed innocent until proven guilty at a later criminal proceeding.

    This case was brought as part of Project Safe Childhood, a nationwide initiative launched in May 2006 by the Department of Justice to combat the growing epidemic of child sexual exploitation and abuse.  Led by the United States Attorney’s Offices and the Criminal Division’s Child Exploitation and Obscenity Section, Project Safe Childhood marshals federal, state, and local resources to locate, apprehend, and prosecute individuals who sexually exploit children, and to identify and rescue victims.  For more information about Project Safe Childhood, visit www.justice.gov/psc. For more information about Internet safety education, click on the “Resources” tab on the left of the page.

    U.S. Attorney Barron commended the Baltimore FBI Field Office and the Baltimore County Police Department, for their work in the investigation.  Mr. Barron also thanked Assistant U.S. Attorneys Christine O. Goo and Paul E. Budlow who are prosecuting the federal case.

    For more information about the Maryland U.S. Attorney’s Office, its priorities, and resources available to help the community, visit www.justice.gov/usao-md and https://www.justice.gov/usao-md/community-outreach.

    # # #

    MIL Security OSI –

  • MIL-OSI: Backbase and Feedzai Partnership Integrates Financial Crime Prevention into Backbase Platform

    Source: GlobeNewswire (MIL-OSI)

    SAN MATEO, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) — Backbase, a provider of engagement banking solutions, announces a strategic partnership with Feedzai, a company providing AI-native fraud prevention solutions, aiming to support financial institutions in addressing digital fraud while maintaining operational efficiency in customer interactions. The collaboration integrates Feedzai’s Digital Trust solutions with Backbase’s Engagement Banking Platform, offering financial institutions tools designed to enhance fraud prevention, support secure banking environments, and optimize digital customer experiences.

    “By combining Backbase’s engagement banking expertise with Feedzai’s advanced security capabilities, we’re giving financial institutions the complete package – superior customer experience and intelligent fraud prevention in one integrated platform,” said Jouk Pleiter CEO & Founder at Backbase. “Together, we’re setting a new standard for how banks can build trusted digital relationships with their customers.”

    The partnership offers financial institutions the following benefits:

    • Proactive fraud prevention with real-time AI-powered behavioral analysis across all digital channels.
    • Operational efficiency with AI-powered risk assessment designed to reduce false positives and associated costs.
    • Seamless integration with the Backbase Engagement Banking Platform and its suite of products, providing direct access to Feedzai’s security capabilities.

    The integration of Feedzai’s Digital Trust platform—which monitors user behavior, device integrity, and potential threats in real time—with Backbase’s Engagement Banking Platform aims to support secure and efficient digital banking experiences. Backbase facilitates customer interactions, while Feedzai’s security framework operates in the background to help safeguard digital transactions without disrupting the user experience.

    “As the financial services industry evolves, security can no longer be an afterthought — it must be woven into the very fabric of the customer experience,” said Nuno Sebastiao, CEO and Co-Founder at Feedzai. “By partnering with Backbase, we’re empowering financial institutions to deliver a unified, seamless journey that not only protects customers from fraud, but also ensures they feel valued, understood, and safe.”

    About Feedzai
    Feedzai provides an end-to-end financial crime prevention platform, utilizing AI-driven solutions to support the detection and prevention of fraud and financial crime. Financial institutions use Feedzai’s technology to manage risk and compliance processes, with the platform designed to help safeguard transactions while supporting customer privacy and experience. For more information, users can visit feedzai.com.

    About Backbase
    Backbase provides the Engagement Banking Platform, a composable solution designed to support banks in their digital transformation efforts by modernizing key customer journeys. The platform helps streamline processes across onboarding, servicing, lending, and investing, aiming to enhance both customer and employee experiences. It is pre-integrated with core banking systems and fintech solutions to support scalability and operational efficiency.

    Industry analysts Forrester, Gartner, Celent, Omdia and IDC continuously recognize Backbase’s for its role in the engagement banking sector. The Backbase Engagement Banking Platform is used by over 150 financial institutions worldwide — including AIB, Banorte, Barclays, BIAT, Bank of the Philippine Islands, BDO, BNP Paribas, Banque Saudi Fransi, BRD, Citibank, Discovery Bank, First National Bank, HDFC, Ila Bank, KeyBank, Lloyds Banking Group, NatWest, Navy Federal Credit Union, OTP Group, PostFinance, Raiffeisen, Standard Bank, Saudi National Bank, Société Générale, Truist, and TPBank. 

    Backbase is a private fintech company, founded in 2003 in Amsterdam (Global HQ), with regional offices in Atlanta (Americas HQ), Cardiff, Dubai, Hyderabad, Kraków, London, Mexico City, Singapore (Asia HQ), Sydney, and Toronto. Users can visit www.backbase.com for more.

    Contacts

    Austin Hyslip
    Feedzai
    austin.hyslip@feedzai.com
    Alex Papaioannou
    Backbase
    press-relations@backbase.com

    The MIL Network –

  • MIL-OSI Canada: Electric vehicle tax begins

    Source: Government of Canada regional news (2)

    MIL OSI Canada News –

  • MIL-OSI Security: Lower Sackville — Update: Woman charged with fraud offences faces additional charges

    Source: Royal Canadian Mounted Police

    RCMP Halifax Regional Detachment has charged Alissa Kathryn MacGillivary with additional fraud offences.

    Officers reviewed hundreds of documents seized during the execution of a search warrant in August 2024. This led investigators to identify a further eight organizations and individuals who had been defrauded by MacGillivary.

    To date, RCMP officers have found more than 15 aliases and real identities used by MacGillivary, and the investigation indicates that she used forged documents to obtain financial benefits dating back to 1995.

    1. currently estimated that MacGillivary has fraudulently obtained more than $100,000 since 2014.

    On January 17, at the request of investigators, MacGillivary attended the Cole Harbour RCMP detachment where she was safely arrested. She has been charged with more than 100 other offences:

    • Failure to Comply with a Release Order
    • Extortion
    • Possession of Property Obtained by Crime (4 counts)
    • Forgery (21 counts)
    • Use of Forged Documents (28 counts)
    • Possession of Forged Documents (32 counts)
    • Using Mails to Defraud (4 counts)
    • Fraud (2 counts)
    • Identity Theft (10 counts)
    • Identity Fraud (4 counts)

    MacGillivary appeared in court and was remanded into custody. She will return to Dartmouth Provincial Court on February 7, at 9:30 a.m.

    The investigation, led by RCMP Halifax Regional Detachment with assistance from the RCMP/HRP Integrated Criminal Investigation Division and the RCMP Halifax Regional Detachment Street Crime Enforcement Unit, is ongoing.

    Anyone who thinks they could be a victim, knows someone who could be a victim, is encouraged to contact police at 902-490-5020. Should you wish to remain anonymous, call Nova Scotia Crime Stoppers at 1-800-222-tips (8477) or submit a secure web tip at www.crimestoppers.ns.ca.

    File#: 24-111120

    MIL Security OSI –

  • MIL-OSI: Equasens: 2024 annual revenue

    Source: GlobeNewswire (MIL-OSI)

    Villers-lès-Nancy, 6 February 2025 – 6:00 p.m. (CET)

    PRESS RELEASE

    2024 annual revenue: €216.8 million including €58.6 million in Q4 (+2.6% on a reported basis and -0.4% like-for-like)

    Revenue (€&) 2023
    Reported basis    		 2024
    Reported basis    		 Change /
    Reported basis    		 Of which external growth Of which Ségur1 2024

    Of which Ségur 2023

    		 Like-for-like change
    (organic growth)
    Q1 56.2 53.3 -2.9 -5.2% 2.0 0.3 -1.4 -3.8 -6.7%
    Q2 56.4 54.7 -1.7 -3.0% 1.7 0.3 -1.2 -2.6 -4.6%
    Q3 50.1 50.2 0.1 0.3% 1.8 0.2 -0.3 -1.5 -3.0%
    Q4 57.0 58.6 1.5 2.6% 1.7 0.2 -0.3 -0.2 -0.4%
    Total 219.7 216.8(*) -3.0 -1.4% 7.2 1.1 -3.2 -8.2 -3.7%

    (*)unaudited

    Note: Acquisitions in 2023 and 2024 (Atoopharm, Speach2Sense, Pratilog, ADV in Germany – now Pharmagest Germany) and Digipharmacie) have been restated in the scope of consolidation.
    Maintaining a strategy of external growth, in December 2024 Equasens Group acquired 90% of the capital of Calimed SAS, a software publisher for private practitioners and surgeons (with no consolidated revenue in Q4 2024).

    Equasens Group, (Euronext Paris™ – Compartment B – FR 0012882389 -EQS), a leading provider of digital solutions for healthcare professionals, reported full-year revenue for the 12-month period ending 31 December 2024 of €216.8m, contracting 1.4% on a reported basis. Like-for-like (organic growth), i.e. excluding the effects of acquisitions and the impact of the Ségur digital healthcare investment programme, revenue decreased by 3.7%.

    Annual revenue at 12/31/24 / Division (€m) 2023
    Reported basis    		 2024
    Reported basis    		 Change /
    Reported basis    		 Of which external growth Of which Ségur 2024

    Of which Ségur 2023

    		 Like-for-like change
    (organic growth)
    Pharmagest 162.7 163.5 0.8 0.5% 7.1 0.5 -1.5 -5.3 -3.3%
    Axigate Link 31.1 32.1 1.0 3.2%   0.3  -1.0 1.7 5.5%
    e-Connect 15.0 11.2 -3.8 -25.3%       -3.8 -25.3%
    Medical Solutions 8.9 7.9 -1.0 -10.9% 0.1 0.3 -0.7 -0.7 -8.1%
    Fintech 2.0 2.0 0.0 -2.1%       0.0 -2.1%
    Total 219.7 216.8 -3.0 -1.4% 7.2 1.1 -3.2 -8.2 -3.7%

    No businesses were transferred between Divisions in FY 2024.

    FY revenue for the 12 month period ending 31 December 2024 / Activities (€m) 2023
    Reported basis    		 2024
    Reported basis    		 Change / Reported basis
    Sale of configurations and hardware 93.5 86.1 -7.4 -7.9%
    Scalable maintenance and professional training services 78.1 81.0 2.8 3.6%
    Software solutions and subscriptions 45.4 46.8 1.4 3.0%
    Other services (including intermediation) 2.7 2.9 0.2 7.9%
    Total 219.7 216.8 -3.0 -1.4%

    In Q4 2024 alone, Equasens Group registered sales of €58.6m, up 2.6% on a reported basis at 31 December 2023 (-0.4% like-for-like).

    Q4 2024 revenue / Division (€m) 2023
    Reported basis    		 2024
    Reported basis    		 Change /
    Reported basis    		 Of which external growth Of which Ségur 2024

    Of which Ségur 2023

    		 Like-for-like change
    (organic growth)
    Pharmagest 42.2 43.4 1.2 2.9% 1.7 0.1 -0.2 -0.5 -1.1%
    Axigate Link 8.9 9.5 0.7 7.6%   0.1 -0.1 0.7 7.7%
    e-Connect 3.3 2.9 -0.3 -10.1%       -0.3 -10.1%
    Medical Solutions 2.2 2.2 0.0 -0.9%   0.1 -0.1 0.0 -2.1%
    Fintech 0.6 0.5 -0.1 -11.6%       -0.1 -11.6%
    Total 57.1 58.6 1.5 2.6% 1.7 0.3 -0.4 -0.2 -0.4%
    Q4 2024 revenue highlights by type of business 2023
    Reported basis    		 2024
    Reported basis    		 Change / Reported basis
    Sale of configurations and hardware 23.2 23.5 0.1 0.4%
    Scalable maintenance and professional training services 19.8 20.4 0.6 3.1%
    Software solutions and subscriptions 13.2 13.8 0.5 4.1%
    Other services (including intermediation) 0.8 1.0 0.2 27.5%
    Total 57.1 58.6 1.5 2.6%
    • In a year marked by political instability, particularly in France, configuration and equipment sales were again heavily impacted on a full-year basis (-7.9%). The recovery initially anticipated in Q3 got off to a slower than expected start with marginal growth in Q4 (+0.4%).
    • Scalable maintenance services and business training continued to display positive momentum with stable growth (+3.1 % in Q4 2024 and +3.6% for the full year).
    • Software solutions and subscriptions performed particularly well in H2 after declining in the first half (reflecting the base effect from Ségur) to achieve 3% growth for the full year.
    • The PHARMAGEST Division recorded annual sales of €163.5m (+0.5%) for the year ended 31 December 2024 on a reported basis, including €7.1m of restated sales arising from acquisitions in 2023 and 2024. On a like-for-like basis, sales for the division declined 3.3% for the full year.

    In Q4 2024, the Division grew 2.9% to €43.4m on a reported basis compared with Q4 2023, including €1.7m in restated sales linked to acquisitions in Q4 2023 and 2024. Like-for-like, the division’s sales declined 1.1% in the last quarter.

    • The Division’s strategy of innovation and bringing new software, hardware and services to market has strengthened its value proposition in terms of pharmacy productivity and automation solutions starting in the third quarter, with, for example, the id.Express payment terminal deployed in France, Germany and Belgium, the new id.Genius module integrating AI into dispensing, and id.Assistance, a new service facilitating the use and adoption of the id. offering on a day-to-day basis.
    • Based on these advances, the Pharmacy business now has a differentiating offering capable of generating revenue from its customer base (€2m at 31/12/2024) and contributing to growth in market share with more than 500 new customers in France and Italy (+€3.5m at 31/12/2024).
    • Digipharmacie, a provider of digital accounts payable management solutions for pharmacies, recently approved as a partner of the French e-reporting platform (Plateforme de Dématérialisation Partenaire or PDP), recorded annual growth of 27%.
    • The shift of the Division to SaaS offering culminated in the launch in September 2024 of the ASCA Dynamics solution, a cloud based version of the electronic label management software developed by Equasens Group. Nearly 250 of the 500 pharmacies added to ASCA’s customer base in 2024 are already equipped with this solution.

    This Division accounts for 75.4% of total revenue.

    • The AXIGATE LINK division registered €32.1m in revenue for the 12 month period ended 31 December 2024 (+3.2% on a reported basis and +5.5% like-for-like). In Q4 2024, the Division grew 7.6% to €9.5m on a reported basis compared with the same period in 2023. Like-for-like, the division’s revenue grew 7.7% in the last quarter.
      • The nursing home sector, which accounts for 53% of the Division’s revenues, experienced a strong growth in 2024, with the addition of 104 new establishments (excluding the UK), bringing its installed base to a total of 3,400 sites. The Titanlink SaaS offering was a resounding success, more than 600 sites equipped out of a total of 2,500 in France and 90 in Belgium out of a total of 932.
      • The Homecare sector also delivered a very solid performance, with a net gain of 20 customers, including 5 Hospital-at-Home programmes. In addition, the sector started rolling out the first version of a software package for regional elderly and disabled homecare centres (Centres de Ressources Territoriales or CRTs) to coordinate patient care. This activity accounts for 22% of the Division’s revenue.
      • The Hospital sector, 12% of the Division’s revenue, grew 4.1% in 2024 compared with 2023 with a net increase of 7 facilities, including 3 major psychiatric establishments. A portion of these orders signed in 2024 will be implemented and recognised in revenue for 2025.
      • The PandaLab Pro secure messaging system recently passed the milestone of 50,000 independent users or private organisations and 360,000 messages sent per month. 2024 experienced a growth in the number of use cases, particularly in teleconsultation, remote assistance and outpatient prescriptions, with the latter reaching 85,000 prescriptions exchanged in December 2024 alone.

    This Division accounts for 14.8% of total revenue.

    • The E-CONNECT division had revenue of €11.2m for the year ended 31 December 2024 (down 25.3% on a reported basis). Revenue in Q4 2024 was down 10.1% in relation to the same quarter in 2024 to €2.9m, representing a decline significantly less than in previous quarters.
      • Despite challenging market conditions, 2024 remained a year of investment, following an exceptional period in 2023 which benefited from a one-off regulatory development (the discontinuation of Application Reader Terminal sales).
      • In Q4 2024, Kapelse’s eS-KAP+ mobility solution was authorised for all prescribing healthcare professionals, midwives and health centres. This latest certification completes the “auxiliary health practitioners” approval obtained in 2024 and extends the number of partner software publishers who are starting to integrate eS-KAP+ into their business applications.
      • Sales of KAP-eCV (the electronic French health insurance card reader) got off to a promising start, with several thousand readers sold in Q4.
      • In November 2024, the new NOVIAcare offering (entailing a switch to modular sales) met with considerable success when it was unveiled at the Silver Economy Expo international exhibition in Cannes, confirming the potential of the first scalable and modular telecare solution on the market.

            This Division accounts for 5.2% of total revenue.

    • The MEDICAL SOLUTIONS Division recorded revenue of €2.2m in Q4 2024, down slightly (-0.9%) on Q4 2023. Reflecting the diminishing impact of the base effect from the Segur digital healthcare investment programme, the decline for the full year was limited to -10.9% to €7.9m, compared with -19.1% in H1 2024.
      • The launch of LOQUii, the AI voice consultation assistant, in November 2024, provides further confirmation of the recovery. By adopting a “Try Before You Buy” formula, more than 500 doctors used the solution in Q4, highlighting the potential for significant growth from Q1 2025 onwards, once the initial trial period is over.
      • At the same time, the roll-out of the MS.Safe online backup solution that combines safety and ease of use attracted around 50 users in less than two months.

    The Division accounts for 3.6% of total revenue.

    • The FINTECH Division  recorded revenue of €0.5m (-11.6%) in Q4 2024, and €2.0m for the full year (-2.1% compared with 2023).
      • The new Dispay digital bankcard payment service now integrated into the medical software solution of healthcare professionals resulted in subscriptions by 80 customers in Q4 and the Division remains confident that it will generate additional revenues as its customer base expands.

    The Division accounts for 1.0% of total revenue.

    2025 outlook
    Based on the encouraging indicators for Q4 2024, the Group is looking ahead to 2025 with confidence. Positive momentum is expected for the first half of the year, benefiting notably by a favourable base effect at the start of the year. A significant acceleration is expected in the second half with nominal growth of nearly 10%, driven by the capital expenditures and the roll-out of new solutions (software, hardware and services).

    In this context, Equasens Group is in the process of implementing a major strategic transformation to SaaS (Software as a Service) business model. This transition entails the gradual migration from solutions hosted at healthcare professionals’ premises to solutions hosted in the Group’s data centers which are certified Health Data Hosting (HDS) and ISO 27001. The new add-on modules are now developed almost exclusively for SaaS solutions which will increase the proportion of recurring revenues. This transformation is driven by a robust cloud infrastructure and customised support to assist our customers with their digital transition.

    At the same time, the Group is continuing to invest in Artificial Intelligence and accelerating its integration into its business tools to enhance its range of decision-making tools. This development brings real added value to healthcare professionals by making the prescription process more secure, providing personalised patient support and optimized time management.

    Backed by a solid financial structure, the Group will continue to monitor potential opportunities for external growth.

    This guidance does not take into account the potential effect of cyclical or macro-economic events that could have a direct or indirect impact on the healthcare sector.

    Financial calendar:

    • FY 2024 results: 29 March 2025
    • Presentation of 2024 annual results (SFAF): 31 March 2025, Paris
    • Q1 2025 revenue: 12 May 2025
    • Annual General Meeting: 26 June 2025
    • Q2 2025 revenue: 31 July 2025
    • H1 2025 results: 26 September 2025
    • Presentation of H1 2025 results to analysts (SFAF): 29 September 2025
    • Q3 2025 revenue: 5 November 2025
    • FY 2025 revenue: 5 February 2026

    About Group Equasens

    Founded over 35 years ago, Equasens Group, a leader in digital healthcare solutions, today employs over 1,300 people across Europe.
    Equasens Group’s specialised business applications facilitate the day-to-day work of healthcare professionals and their teams, working in private practice, collaborative medical structures or healthcare establishments. The Group also provides comprehensive support to healthcare professionals in the transformation of their profession by developing electronic equipment, digital solutions and healthcare robotics, as well as data hosting, financing and training adapted to their specific needs.
    And reflecting the spirit of its tagline “Technology for a More Human Experience”, the Group is a leading provider of interoperability solutions that improve coordination between healthcare professionals, their communications and data exchange resulting in better patient care and a more efficient and secure healthcare system.

    Listed on Euronext Paris™ – Compartment B

    Indexes: MSCI GLOBAL SMALL CAP – GAÏA Index 2020 – CAC®SMALL and CAC®All-Tradable
    Included in the Euronext Tech Leaders segment and the European Rising Tech label

    Eligible for the Deferred Settlement Service (“Service à Réglement Différé” – SRD) and equity savings accounts invested in small and mid caps (PEA-PME).
    ISIN: FR 0012882389 – Ticker Code: EQS

    Get all the news about Equasens Group www.equasens.com and on LinkedIn

    CONTACTS

    EQUASENS Group
    Analyst and Investor Relations:
    Chief Administrative and Financial Officer: Frédérique Schmidt
    Tel: +33 (0)3 83 15 90 67 – frederique.schmidt@equasens.com

    Financial communications agency:
    FIN’EXTENSO – Isabelle Aprile

    Tel.: +33 (0)6 17 38 61 78 – i.aprile@finextenso.fr

    Forward-looking statements
    This press release contains forward-looking statements that are not guarantees of future performance and are based on current opinions, forecasts and assumptions, including, but not limited to, assumptions about Equasens’ current and future strategy and the environment in which Equasens operates. These involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements, or industry results or other events, to materially differ from those expressed in or implied by such forward-looking statements. These risks and uncertainties include those detailed in Chapter 3 “Risk factors” of the Universal Registration Document filed with the French financial market authority (Autorité des Marchés Financiers or AMF) on April 29, 2024 under number D.24-0366. These forward-looking statements are valid only as of the date of this press release.

    1 An investment programme rolled out by the French government to support the national strategy for eHealth acceleration.

    Attachment

    The MIL Network –

  • MIL-OSI USA: Louisiana Doctor Sentenced for Illegally Distributing Over 1.8M Doses of Opioids in $5.4M Health Care Fraud Scheme

    Source: US State of North Dakota

    A Louisiana physician was sentenced yesterday to 87 months in prison for conspiring to illegally distribute over 1.8 million doses of Schedule II controlled substances, including oxycodone, hydrocodone, and morphine, and for defrauding health care benefit programs of more than $5.4 million.

    According to court documents and evidence presented at trial, Adrian Dexter Talbot M.D., 59, of Slidell, owned and operated Medex Clinical Consultants (Medex), located in Slidell. Medex was a medical clinic that accepted cash payments from individuals seeking prescriptions for Schedule II controlled substances. Talbot routinely ignored signs that individuals frequenting Medex were drug-seeking or abusing the drugs prescribed. In 2015, Talbot took a full-time job in Pineville, Louisiana, and although he was no longer physically present at the Slidell clinic, he pre-signed prescriptions, including for opioids and other controlled substances, to be distributed to individuals there whom he did not see or examine. In 2016, Talbot hired another practitioner who, at Talbot’s direction, also pre-signed prescriptions to be distributed to individuals in exchange for cash deposited into a Medex bank account. The evidence also demonstrated that Talbot falsified patient records to cover up the scheme and to make it appear as though he was routinely examining the patients. With Talbot’s knowledge, these individuals filled their prescriptions using their insurance benefits, thereby causing health care benefit programs, including Medicare, Medicaid, and Blue Cross Blue Shield of Louisiana, to be fraudulently billed for controlled substances that were prescribed without an appropriate patient examination or determination of medical necessity.

    On July 22, 2024, Talbot was convicted by a jury in the Eastern District of Louisiana of one count of conspiracy to unlawfully distribute and dispense controlled substances, four counts of unlawfully distributing and dispensing controlled substances, one count of maintaining a drug-involved premises, and one count of conspiracy to commit health care fraud.

    Supervisory Official Antoinette T. Bacon of the Justice Department’s Criminal Division, the U.S. Attorney’s Office for the Eastern District of Louisiana, Special Agent in Charge Jason E. Meadows of the Department of Health and Human Services Office of Inspector General (HHS-OIG), Special Agent in Charge Kris Raper of the Department of Veterans Affairs Office of Inspector General (VA-OIG)’s South Central Field Office, Assistant Director Chad Yarbrough of the FBI’s Criminal Investigative Division, Acting Special Agent in Charge Stephen A. Cyrus of the FBI New Orleans Field Office, and Louisiana Attorney General Liz Murrill made the announcement.

    HHS-OIG, VA-OIG, FBI, and the Louisiana Medicaid Fraud Control Unit investigated the case.

    Trial Attorneys Sara E. Porter and Gary A. Crosby II, Assistant Chief Justin Woodard, and Deputy Chief Kate Payerle of the Criminal Division’s Fraud Section prosecuted the case.

    The Fraud Section leads the Criminal Division’s efforts to combat health care fraud through the Health Care Fraud Strike Force Program. Since March 2007, this program, currently comprised of nine strike forces operating in 27 federal districts, has charged more than 5,400 defendants who collectively have billed federal health care programs and private insurers more than $27 billion. In addition, the Centers for Medicare & Medicaid Services, working in conjunction with HHS-OIG, are taking steps to hold providers accountable for their involvement in health care fraud schemes. More information can be found at www.justice.gov/criminal-fraud/health-care-fraud-unit. 

    MIL OSI USA News –

  • MIL-OSI Security: Louisiana Doctor Sentenced for Illegally Distributing Over 1.8M Doses of Opioids in $5.4M Health Care Fraud Scheme

    Source: United States Attorneys General

    A Louisiana physician was sentenced yesterday to 87 months in prison for conspiring to illegally distribute over 1.8 million doses of Schedule II controlled substances, including oxycodone, hydrocodone, and morphine, and for defrauding health care benefit programs of more than $5.4 million.

    According to court documents and evidence presented at trial, Adrian Dexter Talbot M.D., 59, of Slidell, owned and operated Medex Clinical Consultants (Medex), located in Slidell. Medex was a medical clinic that accepted cash payments from individuals seeking prescriptions for Schedule II controlled substances. Talbot routinely ignored signs that individuals frequenting Medex were drug-seeking or abusing the drugs prescribed. In 2015, Talbot took a full-time job in Pineville, Louisiana, and although he was no longer physically present at the Slidell clinic, he pre-signed prescriptions, including for opioids and other controlled substances, to be distributed to individuals there whom he did not see or examine. In 2016, Talbot hired another practitioner who, at Talbot’s direction, also pre-signed prescriptions to be distributed to individuals in exchange for cash deposited into a Medex bank account. The evidence also demonstrated that Talbot falsified patient records to cover up the scheme and to make it appear as though he was routinely examining the patients. With Talbot’s knowledge, these individuals filled their prescriptions using their insurance benefits, thereby causing health care benefit programs, including Medicare, Medicaid, and Blue Cross Blue Shield of Louisiana, to be fraudulently billed for controlled substances that were prescribed without an appropriate patient examination or determination of medical necessity.

    On July 22, 2024, Talbot was convicted by a jury in the Eastern District of Louisiana of one count of conspiracy to unlawfully distribute and dispense controlled substances, four counts of unlawfully distributing and dispensing controlled substances, one count of maintaining a drug-involved premises, and one count of conspiracy to commit health care fraud.

    Supervisory Official Antoinette T. Bacon of the Justice Department’s Criminal Division, the U.S. Attorney’s Office for the Eastern District of Louisiana, Special Agent in Charge Jason E. Meadows of the Department of Health and Human Services Office of Inspector General (HHS-OIG), Special Agent in Charge Kris Raper of the Department of Veterans Affairs Office of Inspector General (VA-OIG)’s South Central Field Office, Assistant Director Chad Yarbrough of the FBI’s Criminal Investigative Division, Acting Special Agent in Charge Stephen A. Cyrus of the FBI New Orleans Field Office, and Louisiana Attorney General Liz Murrill made the announcement.

    HHS-OIG, VA-OIG, FBI, and the Louisiana Medicaid Fraud Control Unit investigated the case.

    Trial Attorneys Sara E. Porter and Gary A. Crosby II, Assistant Chief Justin Woodard, and Deputy Chief Kate Payerle of the Criminal Division’s Fraud Section prosecuted the case.

    The Fraud Section leads the Criminal Division’s efforts to combat health care fraud through the Health Care Fraud Strike Force Program. Since March 2007, this program, currently comprised of nine strike forces operating in 27 federal districts, has charged more than 5,400 defendants who collectively have billed federal health care programs and private insurers more than $27 billion. In addition, the Centers for Medicare & Medicaid Services, working in conjunction with HHS-OIG, are taking steps to hold providers accountable for their involvement in health care fraud schemes. More information can be found at www.justice.gov/criminal-fraud/health-care-fraud-unit. 

    MIL Security OSI –

  • MIL-OSI: Plutus Financial Group Limited Announces Closing of Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, Feb. 06, 2025 (GLOBE NEWSWIRE) — Plutus Financial Group Limited (“the “Company”) (NasdaqCM: PLUT), a Hong Kong-based financial services company, today announced the closing of its initial public offering (the “Offering”) of 2,100,000 ordinary shares at a public offering price of $4 per ordinary share, for total gross proceeds of $8.4 million, before deducting underwriting discounts and offering expenses. The Offering was conducted on a firm commitment basis. The ordinary shares began trading on Nasdaq Capital Market under the ticker symbol “PLUT” on February 5, 2025.

    The Company has granted the underwriter an option, exercisable within 45 days from the date of the underwriting agreement, to purchase up to an additional 315,000 ordinary shares at the public offering price, less underwriting discounts and expenses.

    R.F. Lafferty & Co., Inc. acted as lead underwriter for the Offering, with Revere Securities LLC acting as co-underwriter. The Crone Law Group, P.C. served as counsel to the Company. Sichenzia Ross Ference Carmel LLP served as lead counsel to the underwriters with respect to the Offering.

    A registration statement on Form F-1, as amended (File No. 333-276791) relating to the Offering was previously filed with the Securities and Exchange Commission (the “SEC”) by the Company and subsequently declared effective by the SEC on February 4, 2025. The Offering was made only by means of a prospectus, forming a part of the registration statement. A final prospectus relating to the Offering was filed with the SEC and is available on the SEC’s website at www.sec.gov. Electronic copies of the final prospectus relating to the Offering may be obtained from R.F. Lafferty & Co., Inc., 40 Wall Street, 27th Floor, New York, NY 10005, or by telephone at (212) 293-9090.

    Before you invest in the Company, you should read the final prospectus and other documents the Company has filed with the SEC for more complete information about the Company and the Offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    About Plutus Financial Group Limited

    Plutus Financial Group Limited is a Hong Kong-based financial services holding company operating through two wholly-owned primary subsidiaries – Plutus Securities Limited (“Plutus Securities”) and Plutus Asset Management Limited (“Plutus Asset Management”). Plutus Securities, a securities broker licensed by the Securities and Futures Commission of Hong Kong (the “SFC”) and a Participant on the HKEx stock exchange in Hong Kong, provides quality securities dealing and brokerage, margin financing, securities custody, and nominee services. As a licensed securities broker, Plutus Securities provides a range of financial services, including:

    • Hong Kong stock trading through the internet, mobile app, and customer phone hotline
    • Margin financing;
    • Securities custody and nominee services; providing secure and reliable clearing and settlement procedures;
    • Access to debt capital markets; and
    • Equity capital markets for issuers, offer underwriting for IPO and other equity placements, and marketing, distribution and pricing of lead-managed and co-managed offerings.

    Plutus Asset Management, a wealth management and advisory firm licensed by the SFC, provides wealth management services including:

    • Professional funds management;
    • Discretionary accounts with strategies developed for customers based on individual risk tolerance and investment preferences;
    • Investment consulting and advisory services for funds managed by other companies; and
    • Investment funds, including a real estate fund, a fixed income fund, a private equity investment, and a hedge fund.

    For more information, visit the Company’s website at http://www.plutusfingroup.com./en/index.php.

    Forward-Looking Statements

    All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company’s proposed Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the Offering will be successfully completed. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the SEC.

    For more information, please contact:

    Investor Relations:
    Plutus Financial Group Limited
    Attn: Jeff Yeung
    ir@plutusfingroup.com

    The MIL Network –

  • MIL-OSI: QXO Urges Beacon Roofing Supply to Let Shareholders Decide on Premium All Cash Offer of $124.25 per Share

    Source: GlobeNewswire (MIL-OSI)

    GREENWICH, Conn., Feb. 06, 2025 (GLOBE NEWSWIRE) — QXO, Inc. (NYSE: QXO) today issued the following statement in response to the announcement by Beacon Roofing Supply, Inc. (Nasdaq: BECN) that its Board of Directors has rejected QXO’s all-cash $124.25 per share offer.

    On January 27, 2025, QXO commenced a tender offer to purchase all outstanding shares of Beacon for $124.25 per share in cash, for an aggregate enterprise value of approximately $11 billion, representing a 37% premium to Beacon’s 90-day unaffected volume-weighted average price of $91.02 per share as of November 15, 2024. QXO’s offer price is also higher than Beacon’s shares have ever traded. Beacon’s Board offers no basis for its assertion that QXO’s premium offer undervalues Beacon’s shares, and the trading price of Beacon’s shares indicates that Beacon’s Board is wrong.

    “Our offer provides certainty, a significant premium in cash and the ability to close quickly with no regulatory delays, financing risks or diligence conditions,” said Brad Jacobs, chairman and chief executive officer of QXO. “Beacon’s filing shows no indication of an actionable third-party alternative. We have made a very compelling offer, and Beacon should let its shareholders decide what is in their best interest.”

    Notably, Beacon confirmed today it would wait to announce newly constructed 2028 financial projections until March 13, more than a month from today and more than three months from its Board’s initial rejection of QXO‘s offer. There is no reason for Beacon to introduce yet another delay by waiting to disclose its newly formulated projections.

    QXO’s tender offer will be outstanding until 12:00 midnight, New York City time, at the end of February 24, 2025, and it is prepared to complete the acquisition shortly after the tender expires, subject to the terms of the offer. The transaction is not subject to any financing conditions or due diligence conditions, and QXO expects that the waiting periods under the Hart-Scott-Rodino Act and the Canadian Competition Act will have expired or been waived by the time the tender offer expires.

    Morgan Stanley & Co. LLC is acting as lead financial advisor to QXO, and Paul, Weiss, Rifkind, Wharton & Garrison LLP is acting as legal counsel.

    About QXO

    QXO provides technology solutions, primarily to clients in the manufacturing, distribution and service sectors. The company provides consulting and professional services, including specialized programming, training and technical support, and develops proprietary software. As a value-added reseller of business application software, QXO offers solutions for accounting, financial reporting, enterprise resource planning, warehouse management systems, customer relationship management, business intelligence and other applications. QXO plans to become a tech-forward leader in the $800 billion building products distribution industry. The company is targeting tens of billions of dollars of annual revenue in the next decade through accretive acquisitions and organic growth. Visit QXO.com for more information.

    Forward-Looking Statements

    This communication contains forward-looking statements. Statements that are not historical facts, including statements about beliefs, expectations, targets, goals, regulatory approval timing and nominating directors are forward-looking statements. These statements are based on plans, estimates, expectations and/or goals at the time the statements are made, and readers should not place undue reliance on them. In some cases, readers can identify forward-looking statements by the use of forward-looking terms such as “may,” “will,” “should,” “expect,” “opportunity,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “target,” “goal,” or “continue,” or the negative of these terms or other comparable terms. Forward-looking statements involve inherent risks and uncertainties and readers are cautioned that a number of important factors could cause actual results to differ materially from those contained in any such forward-looking statements. Such factors include but are not limited to: the ultimate outcome of any possible transaction between QXO, Inc. (“QXO”) and Beacon Roofing Supply, Inc. (“Beacon”), including the possibility that the parties will not agree to pursue a business combination transaction or that the terms of any definitive agreement will be materially different from those proposed; uncertainties as to whether Beacon will cooperate with QXO regarding the proposed transaction; the ultimate result should QXO commence a proxy contest for election of directors to Beacon’s board of directors; QXO’s ability to consummate the proposed transaction with Beacon; the conditions to the completion of the proposed transaction, including the receipt of any required shareholder approvals and any required regulatory approvals; QXO’s ability to finance the proposed transaction; the substantial indebtedness QXO expects to incur in connection with the proposed transaction and the need to generate sufficient cash flows to service and repay such debt; that operating costs, customer loss and business disruption (including, without limitation, difficulties in maintaining relationships with employees, customers or suppliers) may be greater than expected following the proposed transaction or the public announcement of the proposed transaction; QXO’s ability to retain certain key employees; and general economic conditions that are less favorable than expected. QXO cautions that forward-looking statements should not be relied on as predictions of future events, and these statements are not guarantees of performance or results. Forward-looking statements herein speak only as of the date each statement is made. QXO does not assume any obligation to update any of these statements in light of new information or future events, except to the extent required by applicable law.

    Important Additional Information and Where to Find It

    This communication is for informational purposes only and does not constitute a recommendation, an offer to purchase or a solicitation of an offer to sell Beacon securities. QXO and Queen MergerCo, Inc. (the “Purchaser”) filed a Tender Offer Statement on Schedule TO with the Securities and Exchange Commission (the “SEC”) on January 27, 2025, and Beacon filed a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the tender offer with the SEC on February 6, 2025. Investors and security holders are urged to carefully read the Tender Offer Statement (including the Offer to Purchase, the related Letter of Transmittal and certain other tender offer documents, as each may be amended or supplemented from time to time) and the Solicitation/Recommendation Statement, as these materials contain important information that investors and security holders should consider before making any decision regarding tendering their common stock, including the terms and conditions of the tender offer. The Tender Offer Statement, Offer to Purchase, Solicitation/Recommendation Statement and related materials are filed with the SEC, and investors and security holders may obtain a free copy of these materials and other documents filed by QXO and Beacon with the SEC at the website maintained by the SEC at www.sec.gov. In addition, the Tender Offer Statement and other documents that QXO and the Purchaser file with the SEC will be made available to all investors and security holders of Beacon free of charge from the information agent for the tender offer: Innisfree M&A Incorporated, 501 Madison Avenue, 20th Floor, New York, NY 10022, toll-free telephone: +1 (888) 750-5834.

    QXO and the other participants intend to file a preliminary proxy statement and accompanying WHITE universal proxy card with the SEC to be used to solicit proxies for, among other matters, the election of its slate of director nominees at the 2025 annual meeting of stockholders of Beacon. QXO strongly advises all stockholders of Beacon to read the preliminary proxy statement, any amendments or supplements to such proxy statement, and other proxy materials filed by QXO with the SEC as they become available because they will contain important information. Such proxy materials will be available at no charge on the SEC’s website at www.sec.gov and at QXO’s website at investors.qxo.com. In addition, the participants in this proxy solicitation will provide copies of the proxy statement, and other relevant documents, without charge, when available, upon request. Requests for copies should be directed to the participants’ proxy solicitor.

    Certain Information Concerning the Participants

    The participants in the proxy solicitation are anticipated to be QXO, Brad Jacobs, Ihsan Essaid, Matt Fassler, Mark Manduca and the individuals nominated by QXO (the “QXO Nominees”). QXO expects to determine and announce the QXO Nominees prior to the nomination deadline for the 2025 annual meeting of stockholders of Beacon. As of the date of this communication, other than 100 shares of common stock of Beacon beneficially owned by QXO, none of the participants that have been identified has any direct or indirect interest, by security holdings or otherwise, in Beacon.

    Media Contacts

    Joe Checkler
    joe.checkler@qxo.com
    203-609-9650

    Steve Lipin / Lauren Odell
    Gladstone Place Partners
    212-230-5930

    Investor Contacts

    Mark Manduca
    mark.manduca@qxo.com
    203-321-3889

    Scott Winter / Jonathan Salzberger
    Innisfree M&A Incorporated
    212-750-5833

    The MIL Network –

  • MIL-OSI Security: Fort Dodge Man Pleads Guilty to Illegal Possession of a Firearm

    Source: Office of United States Attorneys

    Michael Turner, 35, from Fort Dodge, Iowa pled guilty February 5, 2025, in federal court in Sioux City, to felony possession of a firearm by a prohibited person.

    At the plea hearing, Turner admitted that between March 1, 2024 and March 29, 2024, he possessed a Glock .45 caliber semi-automatic pistol, knowing that he was then previously convicted of robbery/no firearm in Cook County, Illinois in March of 2011, and introduction of drugs into a detention facility in Webster County, Iowa, in 2017, each a felony crime punishable of a term of imprisonment for more than one year.  On March 8, 2024, a shooting occurred in Fort Dodge, Iowa.  On March 29, 2024, law enforcement stopped a vehicle in which Turner was a passenger and located a .45 caliber Glock pistol under Turner’s seat.  Officers found that Turner was wearing a holster that fit the pistol, and upon inquiry admitted that he had possessed the firearm at various times in March 2024.

    Sentencing before United States District Court Judge Leonard T. Strand will be set after a presentence report is prepared.  Turner remains in custody of the United States Marshal pending sentencing.  Turner faces a possible maximum sentence of 15 years’ imprisonment, a $250,000 fine, and three years of supervised release following any imprisonment.

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

    The case is being prosecuted by Assistant United States Attorney Shawn S. Wehde and was investigated by the Fort Dodge Police Department, Iowa Division of Criminal Investigation, Iowa Division of Narcotics Enforcement, Iowa State Patrol, Webster County Sheriff’s Office, and the Bureau of Alcohol, Tobacco, Firearms and Explosives.  

    Court file information at https://ecf.iand.uscourts.gov/cgi-bin/login.pl.

    The case file number is 24-3023.  Follow us on X @USAO_NDIA.

    MIL Security OSI –

  • MIL-OSI USA: Trump Tariffs, Trade War Concerns Heard During Welch’s Roundtable with Vermont Businesses and Farmers

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)

    WASHINGTON, D.C. — Wednesday afternoon, U.S. Senator Peter Welch (D-Vt.), a member of the Senate Finance Committee, convened Vermont businesses for a virtual roundtable to hear about the chaos caused by President Trump’s misguided tariff policies and his Trade War. Earlier this week, the president agreed to pause new 25% tariffs on imports from Canada and Mexico for 30 days, as well as 10% tariffs on imports of oil from Canada—which he had announced days prior, prompting immediate retaliation by Canada and Mexico. President Trump did not pause new 10% tariffs on imports from China. He has also threatened tariffs on imports from the European Union. 
    “These Trump Tariffs are of enormous concern because of their real practical impacts on enterprises, your companies, on your ability to do your work,” said Senator Welch during the event. “The concerns that I’ve seen and expressed to me by Vermonters are concerns that are being expressed to my Republican colleagues…I think that helps put us in a position to push back and be successful. 
    “Every single day, I’m going to be thinking about how this impacts you, and on Vermont, because each of you represent a significant part of the Vermont economy, and you certainly represent the Vermont spirit….I want to do everything I can to allow you to continue being successful doing what you’re doing.” 
    After President Trump’s decision to pause tariffs Canada and Mexico on Monday for 30 days, Senator Welch released the following statement: 

    “President Trump temporarily backtracking on his Trade War does nothing to give Vermont families, businesses, and farms the economic stability they deserve. Tariffs are taxes, and Trump just made it clear he’s fine with raising taxes on American families,” said Sen. Welch. 

    Senator Welch was joined by Vermont business owners, dairy and vegetable farmers, maple sugar makers, manufacturers, craft brewers, home heating and energy importers, home construction manufacturing, retailers, bankers, technology leaders, health care experts, transportation industry experts, local and state leaders, and others impacted by tariffs and the president’s reckless economic policies.  
    During the virtual roundtable, he heard clear concerns from Vermonters, including:    
    “It feels like death by a thousand cuts.” – Stoni Tomson, a small-scale vegetable farmer in Huntington, VT 
    “Adding a tariff will either lead to drug shortages in the short term, or long-term significant price increases.” –  Jason Williams, University of Vermont Health Network 
    “If the 25% tariff was applied in full, it would be about a $130,000 – $150,000 unbudgeted hit to our food procurement efforts. And as a charitable organization, we don’t have a consumer to pass along that cost to.” –  Jason Maring, Vermont Foodbank 
     “The ripple-effects that this could have on energy markets, and of course manufacturing, is very heavy.” – Catherine de Ronde, Agri-Mark 
    “We’re grateful for the pause, and hopeful you can do what you can do to make sure it never comes back.” – Matt Cota, Meadow Hill Consulting 
    “I’m just concerned in general that it’s going to further stagnate the ability for some of these much-needed construction projects to move forward.” – Matt Cook, PC Construction 
    “We would be strongly affected by the tariffs in terms of equipment costs for U.S. producers… I’m very concerned with the possible effects of this.” – Dave Folino, Vermont maple producer 
    “I can foresee this making homes unaffordable—which they already are.” – Denis Bourbeau, Bourbeau Custom Homes 
    “Our industry has grown in production almost 500% over the last 20 years, and these tariffs would go a long way towards potentially slowing that production.” – Alison Hope, Vermont Maple Sugar Makers Association 
    “That kind of jolt to our budget—there’s just not room.” – Peter Kahn, Sienna Construction 
    “There’s just so much unknown, and I’m concerned about the impact on our customers—I’m worried that we’ll lose customers…All of this hurts everyone. It makes everything more expensive.” – Ashley Adams, P.G. Adams 
    “That would basically squeeze us out of the marketplace.” – Melanie Harrison, a small organic dairy farmer in Addison, VT 
    “Even though the tariffs aren’t in effect, we’re definitely already feeling the effects.” – Elise Magnant, small organic vegetable farmer in Plainfield, VT 
    “We’re all working on a very slim margin.” – Steve Parkes, Drop In Brewing 
    Today, Senator Welch will take these stories and the voices of Vermonters to the confirmation hearing for President Trump’s pick for U.S. Trade Representative, Jamieson Greer, who will lead the President’s tariff strategy.  
    On Tuesday, Senator Welch took to the Senate floor to blast the proposed tariffs, which would be a tax on Vermonters. Attendees and constituents are invited to share how President Trump’s economic policies will impact their family, farm, or community by sharing their story on Senator Welch’s website. 
    This event follows a roundtable Senator Welch held in St. Albans on Monday, January 27th, where he heard from businesses and state and local leaders about the President’s threats to reignite a trade war with Canada, Mexico, and China. 
    In many cases, Vermont manufacturers buy imports from Canada to manufacture into products.  However, the ability of Vermont’s small manufacturing businesses to absorb a 25% increase in costs on parts or raw materials is limited. Tariffs on Canada and Mexico could result in layoffs or higher homebuilding costs, increased costs of grain for farmers, and more expensive equipment for maple producers, among other costs that will get passed on to the consumer. 

    MIL OSI USA News –

  • MIL-OSI Security: Federal Inmate Sentenced to 33 Months in Prison for Breaking Fellow Inmate’s Jaw

    Source: Federal Bureau of Investigation (FBI) State Crime News

    PEORIA, Ill. – Travis Jay Nyhoff, 42, who is currently incarcerated at the Federal Correctional Institution in Pekin, Illinois (FCI-Pekin), was sentenced on January 10, 2025 to 33 months’ imprisonment for aggravated battery. The sentence will run consecutive to the term of imprisonment Nyhoff is presently serving for possession with intent to distribute 50 grams or more of methamphetamine.

    At the sentencing hearing before U.S. District Judge Joe B. McDade, the court considered the following uncontested information regarding the assault. On December 8, 2023, Nyhoff had approached another inmate from behind as the inmate was watching television in the common area, yanked his chair out from beneath him, and proceeded to strike the inmate across the face with the chair and then hurl the chair at the wall. The unprovoked attack was documented by security footage. The inmate sustained a broken lower jawbone, a laceration to his face that penetrated his oral cavity, and several dislodged teeth. He later underwent surgery to repair his jawbone.

    A federal grand jury returned an indictment charging Nyhoff with assault in April 2024, and he entered a guilty plea in August 2024.

    The statutory penalties for aggravated battery are two to five years’ imprisonment, to be followed by up to three years of supervised release.

    The Federal Bureau of Investigation, Springfield Field Office, and the Federal Bureau of Prisons Special Investigative Services investigated the case. Assistant U.S. Attorney Melissa P. Ortiz represented the government in the prosecution.
     

    MIL Security OSI –

  • MIL-OSI Security: Saskatchewan — Saskatchewan RCMP SERT Year in Review: 230 firearms and more than 17,000 grams of illicit drugs seized in 2024

    Source: Royal Canadian Mounted Police

    In 2024, Saskatchewan RCMP’s Saskatchewan Enforcement Response Teams (SERT) continued to work diligently with frontline RCMP officers from detachments across the province to remove harms from communities and help keep Saskatchewan residents safe.

    Saskatchewan RCMP’s SERT – which includes Crime Reduction Teams (CRT), the Human Trafficking and Counter Exploitation Unit (HTCEU), Offender Management Unit (OMU), Saskatchewan Trafficking Response Teams (STRT) and Warrant Enforcement and Suppression Teams (WEST) – helps protect community well-being by tackling serious and gang-related crimes, and take dangerous drugs and weapons off the streets.

    Removing harms from Saskatchewan communities

    Illicit drugs continue to harm people across the province. In 2024, Saskatchewan RCMP’s SERT teams seized:
    – 6,572 grams of cocaine;
    – 4,732 grams of methamphetamine;
    – 130 grams fentanyl;
    – 6,349 grams of other illicit drugs; and
    – 86 tablets.

    From 2014 to 2023, violent firearms offences in Saskatchewan RCMP jurisdiction increased 271 per cent – rising from 126 in 2014 to 467 in 2023.

    Saskatchewan RCMP’s SERT removed 230 firearms from the hands of criminals across the province in 2024.

    Investigational highlights

    In July 2024, Yorkton STRT seized approximately 161 grams of methamphetamine and 14 firearms, along with other items, from a business, a rural property and a vehicle in the Yorkton area. During a subsequent search of the rural property, RCMP officers located a severely injured, forcibly confined adult male inside a barn. Investigation determined the man had been kidnapped. Two adult males faced kidnapping, drug and firearms charges, among others.

    • Swift Current STRT laid charges against two individuals after seizing 31 firearms from a residence in Lafleche, SK and a rural yard site south of the town in November 2024.
    • In October 2024, North Battleford Crime Reduction Team – Gang Task Force (CRT-GTF) executed search warrants at two residences in North Battleford. At the residences, officers located and seized a loaded handgun, a rifle, approximately 81 grams of methamphetamine, approximately 58 grams of crack cocaine, ammunition, a sum of cash and drug trafficking paraphernalia. As a result of investigation, two adult males and an adult female were arrested.
    • While executing a search warrant at an apartment building in La Ronge in February 2024, La Ronge CRT seized a loaded handgun, 60 grams of cocaine, 31 grams of methamphetamine, a sum of cash and other drug paraphernalia. Two adults were arrested and charged.
    • In August 2024, Swift Current STRT executed two search warrants in Swift Current as part of an ongoing investigation. Officers located and seized 503 grams of methamphetamine, 52 grams of fentanyl and 105 grams of cocaine, among other evidence. An adult male was arrested at the business and charged.

    What is SERT?

    Saskatchewan RCMP SERT is made up of 108 RCMP officers and 31 civilian support staff. With different teams located in 10 Saskatchewan communities, SERT is readily mobile and able to quickly deploy to surrounding areas. Teams are also assisted every single day by over 1,500 RCMP employees, including more than 1,000 sworn officers at 80 plus detachments across the province.

    MIL Security OSI –

  • MIL-OSI Security: Beloit Man Sentenced to 22½ Years for Producing Child Pornography

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (c)

    MADISON, WIS. – Timothy M. O’Shea, United States Attorney for the Western District of Wisconsin, announced that Misael Dominguez Adorno, 25, Beloit, Wisconsin, was sentenced today by U.S. District Judge William M. Conley to 22 ½ years in federal prison for producing child pornography. The prison term will be followed by 25 years of supervised release.  Dominquez Adorno pleaded guilty to this charge on October 9, 2024.

    In November 2022, Beloit Police received a CyberTip indicating that someone at Dominguez Adorno’s residence uploaded sexually explicit images onto the internet.  Based on the tip, officers obtained and executed a search warrant for the home, where they seized numerous cell phones, iPads, computers, and flash drives.

    Officers analyzed the devices and found videos of Dominguez Adorno engaged in sexually explicit conduct with five minors, whom officers were able to identify.  Officers also found that Dominguez Adorno had received sexually explicit images from a 6th minor victim.

    Judge Conley expressed concern that Dominguez Adorno only cared about getting what he wanted from each of his young victims, manipulating them to his advantage. Judge Conley also noted that Dominguez Adorno did not seem to realize that he had stolen part of each victim’s youth with his actions.

    The charge against Dominquez Adorno was the result of an investigation conducted by the Beloit Police Department, the Wisconsin Department of Justice, Division of Criminal Investigation, and the Federal Bureau of Investigation. Assistant U.S. Attorney Elizabeth Altman prosecuted this case.

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

    MIL Security OSI –

  • MIL-OSI: Questrade celebrates seventh consecutive DALBAR Seal of Service Excellence recognition

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Feb. 06, 2025 (GLOBE NEWSWIRE) — Questrade (www.questrade.com) — Canada’s #1 rated* online brokerage — is thrilled to announce that it has repeated in receiving the DALBAR Seal of Service Excellence for Telephone Service for the seventh consecutive year. Awarded by DALBAR, Inc., the DALBAR Seal of Service Excellence celebrates exceptional customer service and best-in-class standard of care provided by firms across the financial services industry.

    “Receiving this honour again is incredibly humbling as it demonstrates our team’s consistency in setting high benchmarks for the service experience we provide to our customers year after year,” said Jason Grieve, Chief Client Officer, Questrade. “As we look further into 2025, our customers can expect a whole host of new low-fee investment products and capabilities alongside our unmatched customer service offerings – all of which stand true to our standard of disrupting the status quo of the financial services ecosystem in Canada.”

    “For seven consecutive years, Questrade has upheld an exceptional standard of customer service that sets it apart in the financial services industry,” said Shelley Eramo, Director at DALBAR, Inc. “Achieving the DALBAR Seal of Service Excellence is no small feat – it requires unwavering dedication to delivering a consistently superior customer experience. Questrade’s commitment to innovation and client care is evident year after year, and we are pleased to recognize their ongoing success in raising the bar for service excellence.”

    Questrade continues to provide trusted and established alternatives to the high-fee investment products currently available on the market with award-winning digital platforms, ultra-low managed portfolio fees, and commission-free ETF purchases in its self-directed accounts. Building on its mission to help Canadians become much more financially successful and secure, the company is accelerating the speed at which it brings new capabilities and services to its customers in 2025 and beyond.

    In addition to Questrade’s recognition, Questrade Financial Group (QFG) subsidiary Community Trust Company (CTC) has also been recognized with the DALBAR Seal of Service Excellence for the second straight year. The notable, repeat achievement underscores the consistently high standard of service and care provided across the group’s entire portfolio.

    About DALBAR, Inc.

    DALBAR, Inc. is the financial community’s leading independent expert for evaluating, auditing, and rating business practices, customer performance, product quality and service. Launched in 1976, DALBAR has earned recognition for consistent and unbiased evaluations. As the nation’s leading financial services market research firm, it performs a variety of ratings and evaluations of practices and communications that are committed to raising the standards of excellence in the financial services and healthcare industries. With offices in both the US and Canada, DALBAR develops standards and measurement systems that improve the quality of products, service and compliance for the retirement, mutual fund, broker/dealer, discount brokerage, life insurance, healthcare, and banking industries.

    About Questrade

    Questrade, Inc. (“Questrade”) is changing the Canadian financial services industry by leveraging technology to lower fees while providing a viable alternative to traditional financial investment options, thereby allowing Canadians to Keep More of their Money. As a leader and innovator in financial services, Questrade is a trusted ally that advocates for consumers, focused on improving value. With 25 years of challenging the status quo as one of Canada’s leading, non-bank online brokerages and over $50 billion in assets under administration, Questrade and its affiliates provide financial products and services, including securities and foreign currency investments. For more information, visit www.questrade.com or on Facebook and X (formerly Twitter) @Questrade. Questrade, Inc. is a registered investment dealer, a member of the Canadian Investment Regulatory Organization (CIRO), and a member of the Canadian Investor Protection Fund (CIPF). Questrade is a wholly owned subsidiary of Questrade Financial Group Inc.

    *MoneySense 2024

    Media Contact

    For more information, contact Susan Willemsen at The Siren Group Inc. Tel: 416-461-1567 or M: 416-402-4880, or email: susan@thesirengroup.com.

    The MIL Network –

  • MIL-OSI Economics: ReFi Solutions: BaFin warns consumers against offers on website refi-solutions.com

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    The Federal Financial Supervisory Authority BaFin warns consumers against offers from the company ReFi Solutions or Remote Finance Solutions on website refi-solutions.com. According to information available to BaFin, banking transactions and financial services are being provided on this website without the required authorisation.

    Anyone conducting banking business or providing financial or investment services in Germany may do so only with authorisation from BaFin. However, some companies offer these services without the required authorisation. Information on whether companies have been authorised by BaFin can be found in BaFin’s database of companies.

    The information provided by BaFin is based on section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG).

    Please be aware:

    BaFin, the German Federal Criminal Police Office (Bundeskriminalamt – BKA) and the German state criminal police offices (Landeskriminalämter) recommend that consumers seeking to invest money online should exercise the utmost caution and do the necessary research beforehand in order to identify fraud attempts at an early stage.

    MIL OSI Economics –

  • MIL-OSI Security: Former University Employee Charged with Attempted Coercion and Enticement of a Minor

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (c)

    COLUMBIA, S.C. — Mohammad Ebrahim Torki Harchegani, 38, has been charged with attempted enticement of a minor for sexual activity.

    During a contested bond hearing, an FBI special agent testified that on Dec. 3-4, 2024, multiple agencies participated in an online chat operation targeting child sex offenders where an officer posed as a 14-year-old female. Torki, a legal permanent resident of the United States and Iranian citizen, engaged in sexually explicit conversations with the alleged 14-year-old girl. Torki ultimately traveled to the residence where he believed the girl was home alone to engage in sexual activities with her. He was arrested thereafter.

    Testimony was also presented that Torki was a researcher at the University of South Carolina at the time of the chat. Upon his arrest, his employment was suspended and his contract with the university was not renewed.

    This case was brought as part of Project Safe Childhood, a nationwide initiative launched in May 2006 by the U.S. Department of Justice to combat the growing epidemic of child sexual exploitation and abuse. Led by the U.S. Attorneys’ Offices and the Criminal Division’s Child Exploitation and Obscenity Section, Project Safe Childhood marshals federal, state and local resources to better locate, apprehend and prosecute individuals, who sexually exploit children, as well as to identify and rescue victims. For more information about Project Safe Childhood, please visit http://www.justice.gov/psc.

    Torki was ordered detained at the hearing. He faces a maximum penalty of life in prison.

    The FBI Columbia Field Office, the South Carolina Internet Crimes Against Children Task Force, and the Richland County Sheriff’s Department participated in the online chat operation and investigated the case. Assistant U.S. Attorneys Elle E. Klein and Winston Holliday are prosecuting the case.

    All charges in the indictment are merely accusations and defendants are presumed innocent unless and until proven guilty beyond a reasonable doubt in a court of law.

    ###

    MIL Security OSI –

  • MIL-OSI Security: Henryetta Resident Pleads Guilty to Burglary and Assault

    Source: Federal Bureau of Investigation (FBI) State Crime News

    MUSKOGEE, OKLAHOMA – The United States Attorney’s Office for the Eastern District of Oklahoma announced that Cody Lynn Lusk, age 34, of Henryetta, Oklahoma, entered a guilty plea to one count of Burglary in the First Degree in Indian Country, and one count of Assault of a Spouse, Intimate Partner, or Dating Partner by Strangling, Suffocating, and Attempting to Strangle and Suffocate in Indian Country.

    The Indictment alleged that on March 22, 2024, Lusk broke into the dwelling house of an individual and entered, intending to commit a crime within.  The Indictment further alleged that Lusk then strangled and suffocated a dating partner.

    The crimes occurred in Muskogee County, within the boundaries of the Cherokee Nation Reservation, in the Eastern District of Oklahoma.

    The charges arose from an investigation by the Federal Bureau of Investigation, the Cherokee Nation Marshal Service, and the Muskogee Police Department.

    The Honorable D. Edward Snow, U.S. Magistrate Judge in the United States District Court for the Eastern District of Oklahoma, accepted the plea and ordered the completion of a presentence investigation report.  Lusk will remain in the custody of the United States Marshals Service pending sentencing.

    Assistant U.S. Attorneys Caila M. Cleary and Morgan Muzljakovich represented the United States.

    MIL Security OSI –

  • MIL-OSI Security: Dominican National Sentenced To 60 Months In Prison For Role In Operating Fentanyl Drug Mill

    Source: Office of United States Attorneys

    NEWARK, N.J. – A Dominican national was sentenced to 60 months in prison for his role in a conspiracy to distribute and transport bulk quantities of fentanyl into northern New Jersey communities from a drug mill located in the Philadelphia, Pennsylvania area, Acting U.S. Attorney Vikas Khanna announced.

    Hector Luiz De La Cruz Nunez, 32, previously pleaded guilty before U.S. District Judge Katharine S. Hayden to a two-count information charging him with one count of conspiracy to distribute and possess with intent to distribute fentanyl, and one count of possession with intent to distribute fentanyl.

    According to documents filed in this case and statements made in court:

    In February 2022, Nunez and his co-conspirators operated a private residence, commonly referred to as a drug mill, in which he and his co-conspirators produced large quantities of bulk fentanyl for redistribution. In early March 2022 following a car stop, law enforcement recovered nearly six kilograms of fentanyl packaged in approximately 400 individual bricks concealed within a hidden compartment inside of the vehicle that Nunez was driving.

    In addition to the prison term, Judge Hayden sentenced Nunez to three years of supervised release.

    Nunez’s co-conspirators, Emmanuel F. Almonte Mejia, 40, and Loanny F. Duran Hiciano, 37, have both pleaded guilty to conspiracy to distribute and possess with intent to distribute fentanyl. Mejia and Hiciano await sentencing.

    Acting U.S. Attorney Khanna credited special agents of the U.S. Department of Homeland Security Investigations (HSI) Newark, under the direction of Special Agent in Charge Richard Patel, HSI Philadelphia, and the New Jersey State Police, under the direction of Col. Patrick J. Callahan, with the investigation that led to the sentencing.

    The government is represented by Assistant U.S. Attorney Vincent D. Romano of the Criminal Division in Newark.

                                                                 ###

    Defense counsel: Justin Capek 

    MIL Security OSI –

  • MIL-OSI Security: Colombian Smuggler Extradited in Connection with Pregnant Woman’s Border-Crossing Death

    Source: Office of United States Attorneys

    PLATTSBURGH, NEW YORK – A Colombian man was extradited from Canada to the United States and arraigned today for charges arising from the drowning of a pregnant woman. The woman, a citizen of Mexico, died in December 2023 while trying to illegally enter the United States by wading across the Great Chazy River in Champlain, New York.

    United States Attorney Carla B. Freedman; Special Agent in Charge Erin Keegan of Homeland Security Investigations, Buffalo, New York Field Office; and Chief Patrol Agent Robert N. Garcia of United States Border Patrol, Swanton Sector, made the announcement.

    Jhader Augusto Uribe-Tobar, age 36, is a citizen of Colombia who resides in Quebec, Canada.

    According to the indictment and an earlier-filed criminal complaint, Uribe-Tobar smuggled a pregnant woman, A.V.-F., from Canada into the Northern District of New York for $2,500, by instructing her to wade through the frigid Great Chazy River in darkness. The smuggling attempt ended in A.V-F.’s death.

    United States Attorney Carla Freedman stated: “This tragedy highlights the dangers of illegal migration and how, as alleged, smugglers deliberately put people in harm’s way for profit. By vigorously prosecuting human smuggling networks, we are deterring and reducing the number of dangerous crossings like the one that took the lives of this young woman and her unborn child.”

    HSI Buffalo Special Agent in Charge Erin Keegan stated: “We will not stand by as lives are tragically lost by the deception of human smugglers profiting off the vulnerability of migrants. HSI Buffalo and our partners vigorously pursue justice for the victims who are exploited and endangered by the people whom they are trusting to move them across borders.”

    Border Patrol Chief Patrol Agent Robert Garcia stated: “Effective border security enforcement hinges on tangible penalties for criminal actions. The U.S. Border Patrol continues to enforce the laws of the United States, and this prosecution by the U.S. Attorney’s Office demonstrates that those who violate the law will be held accountable.”

    The charges in the complaint and indictment are merely accusations. The defendant is presumed innocent unless and until proven guilty.

    On December 7, 2023, A.V-F.’s relative contacted Uribe-Tobar on TikTok where Uribe-Tobar advertised himself as a smuggler.  Uribe-Tobar advised A.V-F.’s relative, “It costs $2500 American, it is worked through Montreal and they are left in the City of Plattsburgh, NY.”  A few days later, on December 11, 2023, A.V-F.’s relative sent Uribe-Tobar proof that he had wired $2,500 to Uribe-Tobar.  Shortly after receiving that message, Uribe-Tobar traveled with A.V-F.  to the immediate area of the United States-Canada border.

    At approximately 6:21 that evening, Uribe-Tobar told A.V-F.’s relative, “Friend we are at the river crossing.”  At 6:22 p.m., Uribe-Tobar told A.V-F.’s relative, “She is crossing friend” to which her relative replied, “I’m very nervous.”  At 7:06 p.m., Uribe-Tobar messaged A.V-F’s relative, “Bro hello, I think she got wet or turned off her cell phone.  Bro, I told her to hold it while she was crossing.”  Uribe-Tobar followed that message with a screenshot of messages he exchanged with A.V-F., which showed that he had sent her three messages at 6:17 p.m. The screenshot indicates that the last message was never read. 

    Uribe-Tobar and A.V-F’s relative continued to exchange messages throughout the night of December 11, 2023.  Uribe-Tobar claimed that he had people searching for A.V-F. and that “I already sent them a pin to see if they see her, I told them what happened and that she is pregnant.”

    On December 12, 2023, A.V-F.’s relative told a Border Patrol Agent in Champlain that she was supposed to illegally enter the United States on December 11, but that he had not heard from her.  He reported her last known location as the edge of the Great Chazy River in Champlain, and that the smuggler had told A.V-F. the river was wadable.  Multiple law enforcement agencies immediately began to search for A.V-F.  On December 14, 2023, they found A.V-F.’s body in the Great Chazy River.

    The charges against Uribe-Tobar carry a minimum term of 3 years and a maximum term of life in prison.  A defendant’s sentence is imposed by a judge based on the particular statutes the defendant is charged with violating, the U.S. Sentencing Guidelines and other factors.

    At his initial appearance today in Plattsburgh, Uribe-Tobar was ordered detained pending a trial scheduled before Senior United States District Judge David N. Hurd in Utica, New York.

    The Department of Homeland Security, Homeland Security Investigations and United States Border Patrol are investigating the case.  Assistant U.S. Attorneys Katherine Kopita and Carling Dunham are prosecuting the case. The Department of Justice’s Office of International Affairs assisted in securing the arrest and extradition of Uribe-Tobar.

    MIL Security OSI –

  • MIL-OSI Russia: Alexander Novak held the 37th meeting of the Federal Headquarters for Gasification

    Translartion. Region: Russians Fedetion –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Alexander Novak held the 37th meeting of the Federal Headquarters for Gasification

    February 6, 2025

    Alexander Novak held the 37th meeting of the Federal Headquarters for Gasification

    February 6, 2025

    Alexander Novak held the 37th meeting of the Federal Headquarters for Gasification

    February 6, 2025

    Alexander Novak held the 37th meeting of the Federal Headquarters for Gasification

    February 6, 2025

    Alexander Novak held the 37th meeting of the Federal Headquarters for Gasification

    February 6, 2025

    Alexander Novak held the 37th meeting of the Federal Headquarters for Gasification

    February 6, 2025

    Alexander Novak held the 37th meeting of the Federal Headquarters for Gasification

    February 6, 2025

    Alexander Novak held the 37th meeting of the Federal Headquarters for Gasification

    February 6, 2025

    Previous news Next news

    Alexander Novak held the 37th meeting of the Federal Headquarters for Gasification

    Deputy Prime Minister Alexander Novak held the first meeting of the Federal Headquarters for Gasification in 2025. The event was attended by the head of the Donetsk People’s Republic Denis Pushilin, the governor of Krasnodar Krai Veniamin Kondratyev, the governor of Stavropol Krai Vladimir Vladimirov, representatives of regional authorities, the Ministry of Energy, the Federal Antimonopoly Service, Rostekhnadzor, the Government Coordination Center, Rosreestr, the Ministry of Finance, etc.

    At the beginning of the meeting, Aleksandr Novak took part via video link in the ceremonial connection to the gas networks of the Arkhangelsk Pulp and Paper Mill (PPM) and the commissioning of the inter-settlement gas pipeline from the Novodvinsk gas distribution station (GDS) to JSC Arkhangelsk PPM in the Arkhangelsk Region. The event was also attended by the region’s governor Aleksandr Tsybulsky.

    Gasification of Arkhangelsk Pulp and Paper Mill JSC took place thanks to the commissioning of a 12 km long inter-settlement gas pipeline from Novodvinsk GRS, built as part of the gas supply and gasification development program for the Arkhangelsk Region for 2021–2025. The fuel will be used for heat and power supply of the enterprise’s capacities instead of coal and fuel oil. The total projected gas consumption by the plant will be about 550 million cubic meters per year.

    The new networks will also provide gas to the village of Zaozerye and, in the future, gasification of at least five settlements in the Primorsky and Kholmogorsky municipal districts of the Arkhangelsk region.

    “Today we are launching the gasification of a city-forming enterprise with a long history – the Arkhangelsk Pulp and Paper Mill. Its production is of strategic importance for the region, the products are supplied to the Russian market and exported to other countries. The introduction of the inter-settlement gas pipeline will also allow gasification of several settlements at once,” noted Alexander Novak.

    During the meeting of the federal headquarters, participants discussed the results of the social gasification program for 2024, plans for 2025, and the outlook up to 2030.

    According to the Ministry of Energy, as of February 5, 2025, about 2 million applications for social additional gasification have been submitted, 1.47 million of which have been accepted. The additional gasification potential is over 1.8 million households (excluding gardening non-profit partnerships (SNT)). 1.42 million contracts have been concluded for bringing gas to the boundaries of the site, more than 1.2 million of which have been fulfilled. Including about 800 thousand connections inside houses. In 2025, it is planned to connect another 150 thousand households to gas.

    The comprehensive service of gas connection within the boundaries of the plot, including the supply of in-house equipment, was provided to more than 367 thousand citizens. It was most in demand in the Voronezh Region, the Chechen Republic and the Orenburg Region (67-72% of the number of gas connections).

    The additional gasification of social and medical facilities is actively underway: 769 applications have been submitted by medical institutions, 794 by educational institutions. 476 and 448 contracts have been concluded, respectively, 335 contracts with medical institutions and 245 with educational organizations have been fulfilled up to the boundaries of the plots. Gas has been launched in 97 and 82 medical and social institutions, respectively. According to the results of the inventory, the potential for additional gasification of households in SNT is over 933 thousand units.

    Representatives of the Ministry of Energy and Gazprom Mezhregiongaz reported to the Deputy Prime Minister on the progress of transferring the social gasification program to digital platforms. Since 2022, the Connectgaz portal has been actively operating (HTTPS: //Connectgas.ru/), where you can apply for a household connection and calculate its cost, including within the boundaries of the site. There is a single portal for social gasification and an interactive map of gasification of regions, where you can track the schedule for introducing gas pipelines and the plan for connecting households and social facilities. In addition, the all-Russian hotline for gasification is successfully operating.

    Sergey Gustov, General Director of Gazprom Mezhregiongaz, reported on the operation of 1,808 memorials with Eternal Flames across the country; in 2025, in honor of the 80th anniversary of Victory in the Great Patriotic War, gas will be supplied to another 120 such sites. On the eve of Victory Day, 80 Eternal Flames will be lit simultaneously in 80 regions of Russia.

    Alexander Novak instructed to pay special attention to the implementation of modern digital technologies during social gasification in order to optimize and speed up processes.

    The Deputy Prime Minister instructed federal and regional authorities, as well as the single gas supply operator, to submit work schedules to achieve a gasification rate of 82.9% by 2030, including an assessment of the possibility of constructing and expanding gas pipeline capacities, converting boiler houses to gas, intensifying gasification of residential buildings in SNT, etc. By 2030, according to the President’s instructions, gas should be supplied to at least 1.6 million households.

    Also, the Ministry of Energy and Gazprom Mezhregiongaz, on the instructions of the Deputy Prime Minister, will analyze the cost of a comprehensive service for connecting gas within plots and in houses to increase the potential for demand.

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

    MIL OSI Russia News –

  • MIL-OSI: Maris-Tech Secures First Eastern European Defense Order for Jupiter Nano

    Source: GlobeNewswire (MIL-OSI)

    Expansion into a New Defense Market Reinforces Maris- Tech’s Global Capabilities

    Rehovot, Israel, Feb. 06, 2025 (GLOBE NEWSWIRE) — Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a global leader in video and artificial intelligence (“AI”) based edge computing technology, today announced that it has received a new order from its U.K.-based distributor for its Jupiter Nano system to be delivered to a new defense company in Eastern Europe. This order marks a significant milestone for the Company as it expands into Eastern Europe’s defense sector and reinforces the Company’s’ position as a global player in video and AI-based edge computing solutions.

    The order includes dozens of Jupiter Nano units, which will be integrated into weapon systems for a defense project in Eastern Europe. With its compact form factor and ability to handle multiple video streams simultaneously, Jupiter Nano offers the advantage of ultra-low latency streaming and robust network support. It also addresses the customer’s specific challenges and seamlessly integrates into their sophisticated military systems.

    “We believe that this new order is a testament to both the strong relationship we have built with our U.K. distributor and the growing demand for Jupiter Nano’s advanced capabilities,” said Israel Bar, Chief Executive Officer of Maris-Tech. “Eastern Europe is a new and exciting market for us, and we believe that that this opportunity will allow us to expand our reach in the global defense and homeland security markets.”

    Jupiter Nano is a dual-channel H.264/H.265 codec, capable of 100msec ultra-low-latency streaming over wired and wireless networks. With video and audio capture, encoding, decoding, transcoding, and raw data preprocessing, Jupiter Nano is designed to meet the highest performance and reliability standards for modern defense applications.

    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 new order for the Jupiter Nano system; the integration of the Jupiter Nano units into the weapon systems; the growing demand for Jupiter Nano’s advanced capabilities; and that the new order will allow the Company to expand its reach in the global defense and homeland security markets. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control. The Company’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause the Company’s actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: its ability to successfully market its products and services, including in the United States; the acceptance of its products and services by customers; its continued ability to pay operating costs and ability to meet demand for its products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; its ability to successfully develop new products and services; its success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; its ability to comply with applicable regulations; and the other risks and uncertainties described in the Annual Report on Form 20-F for the year ended December 31, 2023, filed with the SEC on March 21, 2024, and its other filings with the SEC. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

    Investor Relations:

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

    The MIL Network –

  • MIL-OSI: Drone Manufacturers Scrambling to Keep Up with Growing Demand as Drone Applications Skyrocket

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., Feb. 06, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Drones are being increasingly adopted in a growing number of industries such as military, defense, land surveying, agriculture for crop monitoring, energy for inspecting power lines among others. The versatility of drones to perform various tasks efficiently is driving their adoption. Drones can be used to monitor hostile environments and enemy activity as well as used for strategic and operational reconnaissance. Commercial Drones are remotely piloted, optionally piloted, or fully autonomous aerial vehicles that play a significant role in plenty of sectors. They are commonly termed drones and are mostly known for their wide usage in various functions, such as Surveying & Mapping, Inspection & Monitoring among others. These vehicles are also used for mapping, surveying, and determining the weather conditions of a specific area. According to recent industry reports, the markets are poised to continue substantial growth in years to come. MarketsAndMarkets project that The Commercial Drone market is projected to grow at a CAGR of 11.2% from 2024 to 2030. The report said: “Based on End Use, the Transport, Logistics and Warehousing segment is anticipated to record the highest growth rate during the forecast period By End Use, the Drone market has been segmented into logistics & transportation, agriculture, energy & power, military, construction & mining, media & entertainment, insurance, wildlife & forestry, academics & research. Logistics & Transportation segment is estimated to record the highest CAGR during the forecast period with the significant growth of the global e-commerce sector, postal companies are opting for new methods to modify their traditional delivery business models. Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), ParaZero Technologies Ltd. (NASDAQ: PRZO), AeroVironment (NASDAQ: AVAV), EHang Holdings Limited (NASDAQ: EH), AgEagle Aerial Systems Inc. (NYSE: UAVS).

    MarketsAndMarkets continued: “With several countries focusing on the use of commercial drones for postal deliveries, the commercial drone market will witness growth. The US Postal Service is exploring the possibility of introducing commercial drone into its vehicle fleets to advance mail delivery operations and support its collection of geospatial, sensor, image, and other data. Companies such as DJI (China) are actively developing solutions for Drone-based package delivery. Amazon (US) has already developed these services. Lower cost, density of urban environments, and the rising demand for reduced delivery times are contributing to the growth of this segment.”

    ZenaTech (NASDAQ:ZENA) ZenaDrone Starts Testing its High-Density Batteries to Extend Flight Time for ZenaDrone 1000 Drone for US Defense Applications – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces that ZenaDrone will commence testing work this quarter on a high density battery for the ZenaDrone 1000 multifunction AI drone designed for defense and commercial applications. High density batteries are lightweight and enable longer drone flight times, more reliability and endurance for longer defense missions, heavier payloads, and greater operational success of a wide range of military applications. ZenaDrone will use the batteries from ZenaTech’s affiliated company Galaxy Batteries Inc.

    “High density batteries are key to longer fight times and reliability in the harsh conditions of military defense operations such as cargo and resupply, intelligence gathering, surveillance, and reconnaissance missions. We will test to ensure these batteries will provide the customization, cost savings, supply chain control and superior performance we require. This is important to our goal to become a Blue UAS- certified supplier to sell to US defense branches and other military organizations,” said CEO Shaun Passley, Ph.D.

    ZenaDrone 1000 is an autonomous multifunction drone offering stable flight, maneuverability, heavy lift capabilities, innovative software technology, sensors, AI, and purpose-built attachments, along with compact and rugged hardware engineered for military and industrial use. The company previously completed two paid trials with the US Air Force and the US Navy Reserve for logistics and transportation applications carrying critical cargo, such as blood, in the field.

    The company previously announced that its supply chain is fully NDAA (National Defense Authorization Act) compliant and that it plans to apply for Green UAS (Unmanned Aerial System) followed by Blue UAS certification, an approved supplier list for drone companies.

    NDAA compliance refers to adhering to the provisions outlined in the National Defense Authorization Act, which is a set of US federal laws passed every year that specify the budget and expenditures for the Department of Defense (DoD) and address growing cybersecurity concerns. For a product to be NDAA compliant, it must not be produced by a set list of Chinese manufacturers, which extends to the chipsets, cameras, displays and other technology used.

    The Blue UAS (Unmanned Aerial System) program is a stringent government approved supplier list of drone companies that wish to do business with the US DoD; suppliers including ZenaDrone must meet strict NDAA cybersecurity and supply chain sourcing requirements. The Green UAS program is essentially the same as the Blue UAS program but has a more streamlined and faster certification process without the specifications on country of origin. Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    Other recent developments in the drone industry include:

    ParaZero Technologies Ltd. (NASDAQ: PRZO), an aerospace company focused on safety systems for commercial unmanned aircrafts and defense Counter UAS systems, recently announced the successful demonstration of its DropAir Precision airdrop system in collaboration with a leading global defense company. The demonstration showcased the DropAir system’s ability to safely and precisely deliver critical supplies under challenging operational conditions.

    During the test, ParaZero’s proprietary DropAir technology was deployed in multiple high-altitude drone airdrops. The system’s advanced parachute mechanism activated at low altitude, ensuring minimal drift and precise landings, even in complex environments. Following the successful demonstration, ParaZero plans to advance the DropAir system into the next phase of development, focusing on enhancing its capabilities for real-world military and humanitarian operations.

    AeroVironment (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, recently announced it has been awarded its third delivery order totaling $288 million of Switchblade® loitering munition systems as part of U.S. Army’s Directed Requirement (DR) for Lethal Unmanned Systems (LUS). The delivery is part of a 5-year Indefinite Delivery, Indefinite Quantity (IDIQ) contract from Army Contracting Command-Aberdeen Proving Ground, with a contract ceiling value of $990 million, announced in August 2024.

    “AV is honored to continue fulfilling this important contract providing the U.S. Army with exceptional and reliable loitering munition solutions,” said Brett Hush, AV’s senior vice president and general manager of Loitering Munition Systems. “We continue to deliver for the U.S. Army with our superior supply chain and manufacturing capacity.”

    EHang Holdings Limited (NASDAQ: EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, recently announced that its flagship pilotless passenger-carrying aerial vehicle EH216-S completed its inaugural demo flight in downtown Shanghai. It served as an excellent backdrop to demonstrate the exceptional capabilities in convenience, safety, and eco-friendliness within the operational environment of UAM in metropolises. It has also officially launched the regular trial operation of the eVTOL sightseeing routes by the Huangpu River at Longhua Airport in Shanghai, in preparation for the following commercial operations in Shanghai. This move aims to realize the urban air mobility in mega central cities.

    Longhua Airport is regarded as the only airport in Shanghai downtown area with apron airspace and is home to the East China General Aviation Service Center of the Civil Aviation Administration of China (“CAAC”). As an important base for the high-quality development of Shanghai’s low-altitude economy, Longhua Airport offers ideal conditions for various low-altitude economic activities, including aerial mobility, tourism and sightseeing, emergency rescue and logistics. This flight not only showcased EH216-S’s capabilities for commercial applications in urban sightseeing and travel scenarios, but also laid a solid foundation for its future gradual implementation and realization of regular commercial operations of urban air taxis in the Yangtze River Delta region centered around Shanghai.

    AgEagle Aerial Systems Inc. (NYSE: UAVS) a leading provider of best-in-class unmanned aerial systems (UAS), sensors and software solutions for customers worldwide in the commercial and government verticals, announced it recently completed a successful flight demonstration of its eBee VISION Intelligence Surveillance and Reconnaissance (ISR) UAS platform at the French Army’s 61st Artillery Regiment’s event, FID25-61e RA Chaumont. The drone innovation forum was conducted January 30-31, 2025 and attended by the Company in conjunction with its French reseller partner Flying Eye.

    AgEagle CEO Bill Irby commented, “We continue to strengthen and broaden our relationship with the French Army through our partner Flying Eye, who completed training in January to become certified eBee VISION operators. This strategic union is expected to build upon the success of our largest single order in AgEagle’s history, valued at $3.4M, completed with the French Army in Q4 2024. We look forward to leveraging this momentum as we continue to expand the global footprint of our UAS products within both government and commercial verticals.”

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

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

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    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI: Winvest Group Powers Web3.0 Expansion with Multi-Channel Financing

    Source: GlobeNewswire (MIL-OSI)

    RENO, NEVADA, Feb. 06, 2025 (GLOBE NEWSWIRE) — Winvest Group Limited (OTC: WNLV) is accelerating the growth of Web3.0 through an innovative multi-channel financing model that integrates blockchain technology with the entertainment industry. This strategic initiative underscores Winvest’s deep understanding of global capital markets and offers investors new opportunities in the expanding digital economy. As decentralized finance (DeFi) gains traction and blockchain ecosystems like Solana and Ethereum continue to shape digital asset investments, Winvest is actively exploring partnerships with communities and industry stakeholders to advance this transformative financing model.

    Revolutionizing Investment through Multi-Channel Financing

    Winvest is redefining capital markets by merging the viral, community-driven dynamics of Meme culture with the transparency and efficiency of DeFi. The organic expansion and strong engagement of Meme communities create a solid foundation for this investment approach.

    Beyond entertainment, Winvest is closely monitoring leading blockchain ecosystems such as Solana, incorporating them into its long-term investment strategy. By strengthening its presence in Web3.0, the company aims to enhance its asset portfolio and position itself as a key player in the evolving digital finance landscape, providing investors with a diversified and resilient investment framework.

    Expanding Industry Collaborations and Community-Driven Growth

    An increasing number of Meme projects and investors are approaching Winvest to explore strategic collaborations and funding opportunities. Among these engagements, Winvest has already reached a mutual agreement with a key partner, to funds raised through this model will be invested into Winvest’s projects, including Launchrr and movie production. This strategic alignment strengthens the ecosystem, allowing Meme-driven investments to generate real-world value while advancing Winvest’s long-term growth initiatives.

    In addition, key opinion leaders (KOLs) and industry influencers are leveraging social networks and Web3.0-based governance frameworks to expand the adoption of this model and drive broader community engagement. Through this flexible funding structure, investors have a lower entry option, allowing individuals – regardless of financial capacity – to participate in the entertainment industry’s expansion. This inclusive approach creates new pathways for investors to access high-growth opportunities while contributing to the evolution of decentralized finance and entertainment investments.

    Winvest: Pioneering the Future of Capital Markets

    Winvest remains committed to reshaping the financial and entertainment sectors through innovation. Rooted in its brand philosophy, “For Lasting Joy,” the company integrates cutting-edge technology with strategic market initiatives to generate sustainable value for global investors.

    With its expansion into Web3.0 and multi-channel financing, Winvest is not only reinforcing its market leadership but also unlocking new investment pathways in digital asset ecosystems. This initiative further strengthens the company’s mission to create a more transparent, efficient, and accessible financial landscape, empowering investors to seize the opportunities of the next evolution in capital markets.

    For more information, please visit: https://www.winvestgroup.co

    Media contact

    Connie Ting

    Winvest Group Limited

    50 West Liberty Street, Suite 880, Reno NV 89501

    Email: connie.ting@winxglobal.com

    Phone: 775-996-0288

    The MIL Network –

  • MIL-OSI: Solum Global Inc. Announces U.S. Healthcare Collaboration and Licensing Agreement with AI Company Life2, Inc.

    Source: GlobeNewswire (MIL-OSI)

    WEST PALM BEACH, FL, Feb. 06, 2025 (GLOBE NEWSWIRE) — Solum Global Inc. (“Solum Global, Solum or the Company”) a transparent digital network with a fully decentralized, permissionless blockchain protocol and stablecoin (sgUSD) for storing, trading, and transferring digital and real-world assets enabling immediate settlement between individuals, businesses, and governments, announced today a collaboration and licensing agreement with Artificial Intelligence company Life2, Inc., to address fraud, waste, abuse and other financial inefficiencies in the U.S healthcare industry.

    “Solum Global and Life2 are redefining the future of healthcare finance by driving smarter, data-backed decision-making and unlocking new levels of operational excellence. This partnership transforms financial operations by integrating Life2’s predictive AI analytics with Solum’s blockchain-based RCM solution—reducing billing errors, detecting fraud, and optimizing workflow outcomes. With real-time insights, providers can improve forecasting, enhance cash flow, and streamline administration,” stated Sterling Griffin, Vice President and Co-Founder of Solum Global Inc.

    The U.S. healthcare system faces mounting inefficiencies, rising costs, and security risks, making innovation imminent. The National Health Care Anti-Fraud Association estimates the annual cost of healthcare accounts for an estimated 3% to 10% of all expenditures, totaling between $147 billion and $490 billion annually. Meanwhile, data breaches remain a persistent threat, routinely exposing sensitive personal information. In 2023 alone, the Department of Health and Human Services (HHS) Office for Civil Rights (OCR) published that 725 breaches compromised over 133 million records across healthcare and insurance companies. Partnering with Life2, Inc. means harnessing the power of AI-driven analysis to uncover hidden financial inefficiencies in historical medical records. By leveraging deep domain expertise, large-scale data sets, advanced modeling techniques, and AI-driven machine learning, Life2 tackles complex market challenges beyond the reach of human problem-solving. This partnership empowers providers, hospitals, and insurers to detect billing errors, waste, and fraud while accurately predicting and optimizing future medical expenditures, driving smarter financial and operational decisions.

    “We are excited to collaborate with Solum Global to tackle the deep-rooted challenges within the U.S. healthcare system. By highlighting continual and substantial losses caused by financial leakage and actively partnering with the Solum team on their seamless, end-to-end solution, we are helping drive meaningful change. Together, we are working to reshape American healthcare by reducing costs for patients, providers, and payers,” said Rick Egan, CEO of Life2, Inc.

    Solum Global is revolutionizing U.S. healthcare by integrating Artificial Intelligence (AI), smart contracts, and its stablecoin (sgUSD) with a proprietary electronic health wallet (EHW) slated for release in Q2 2025. This blockchain-powered web3 platform modernizes revenue cycle management (RCM), replacing outdated web2 systems with a seamless, secure, and automated solution. By leveraging blockchain’s programmability, security, immutability, and smart contract billing, Solum facilitates instant payments through the EHW using sgUSD, a U.S. dollar-backed stablecoin. The Solum Global electronic health wallet addresses these challenges by providing a secure, blockchain-powered solution that streamlines transactions, reduces fraud, and enhances data protection. By providing individuals with greater control over their health information, Solum Global is setting a new standard for security and efficiency in healthcare.

    About Solum Global Inc.
    Solum Global is a transparent digital network with a fully decentralized, permissionless blockchain protocol for storing, trading, and transferring digital and real-world assets, enabling immediate settlement between individuals, businesses, and governments. Utilizing cutting-edge blockchain technology, Artificial Intelligence (AI), smart contracts, the Company’s stablecoin (sgUSD), and a proprietary electronic health wallet (EHW), Solum Global provides a seamless solution that addresses the significant challenges inherent in the U.S. healthcare industry. For more information, visit  www.solum.global.

    About Life2, Inc.
    Life2’s core Intellectual Property utilizes deep domain expertise in the use of AI, machine learning, large-scale data sets, and advanced analytics to address complex market needs that cannot be addressed by human problem-solving. Specializing in outcome analytics – proprietary technology that sits at the apex of data analysis, Life2 aggregates, organizes, and analyzes data to provide continuous, real-time, per-person, and per-event risk and intervention analysis that optimizes desired future outcomes. Outcomes can be financial, operational, clinical, or any other type of target metric across all sectors of the healthcare market. For more information, visit https://www.life2inc.com/.

    Forward-Looking Statements 
    Certain statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws.  Words such as “may,” “might,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements.  These forward-looking statements are based upon current estimates and assumptions. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release.  These forward-looking statements are subject to various risks and uncertainties, including without limitation those set forth in the Company’s filings with the Securities and Exchange Commission. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

    Contacts:

    Investor Relations
    Hanover International
    ka@hanoverintlinc.com

    Media Contact
    media@solum.global

    The MIL Network –

  • MIL-OSI Security: Scranton Man Charged With Production Of And Possession Of Child Pornography

    Source: Office of United States Attorneys

    SCRANTON – The United States Attorney’s Office for the Middle District of Pennsylvania announced that Anthony Clyde Hoffman, age 29, of Scranton, Pennsylvania, was indicted on February 4, 2025, by a federal grand jury, for both production of child pornography and possession of child pornography. 

    According to Acting United States Attorney John C. Gurganus, in November of 2024, Hoffman was in possession of over 800 unique images and videos of child exploitation material when agents executed a search warrant at his home. Additionally, a review of those images and videos revealed that in May of 2024, Hoffman had produced child exploitation images of a toddler using his cell phone.  

    The investigation was conducted by the Homeland Security Investigations (HSI) Wyoming Valley Human Trafficking and Child Exploitation Task Force, which was formed in late 2023, and is comprised of federal, state and local investigators and District Attorney’s Offices from counties throughout Northeastern Pennsylvania. Assistant U.S. Attorney Luisa Honora Berti is prosecuting the case.

    “This indictment underscores the dedication and cooperation between HSI and our federal, state, and local partners within the Wyoming Valley Human Trafficking and Child Exploitation Task Force,” said Special Agent in Charge of HSI Philadelphia Edward V. Owens. “One of our primary missions is to protect the most vulnerable among us, and we will continue to leverage all available resources to combat child exploitation and ensure that the perpetrators are brought to justice.”

    “Successful cooperation between the partners of the Wyoming Valley Human Trafficking and Child Exploitation Task Force allows for collaborative prosecutions such as this one and is why we formed this task force,” said Task Force Chair and Wyoming County District Attorney Joe Peters. “We thank the investigators and prosecutors involved and send the message that we will only increase our combined efforts to keep the children of Northeastern Pennsylvania safe.”

    “Children are our most precious resource in every community,” said District Attorney Raymond J. Tonkin. “The Pike County District Attorney’s Office joined the Wyoming Valley Human Trafficking and Child Exploitation Task Force to further the mission of law enforcement and prosecutors working together to protect children from predators.”

    This case was brought as part of Project Safe Childhood, a nationwide initiative launched in May 2006 by the Department of Justice to combat the growing epidemic of child sexual exploitation and abuse. Led by the United States Attorneys’ Offices and the Criminal Division’s Child Exploitation and Obscenity Section, Project Safe Childhood marshals federal, state, and local resources to locate, apprehend, and prosecute individuals who sexually exploit children, and to identify and rescue victims. For more information about Project Safe Childhood, please visit www.usdoj.gov/psc. 

    The maximum penalty under federal law for this offense is 50 years of imprisonment, a term of supervised release following imprisonment, and a fine. A sentence following a finding of guilt is imposed by the Judge after consideration of the applicable federal sentencing statutes and the Federal Sentencing Guidelines. 

    Indictments and Criminal Informations are only allegations. All persons charged are presumed to be innocent unless and until found guilty in court. 

    # # #

    MIL Security OSI –

  • MIL-OSI Security: Truck Driver Who Dumped 25-Year-Old’s Body Convicted Of Kidnapping Resulting in Death

    Source: Office of United States Attorneys

    A truck driver who kidnapped a 25-year-old woman and dumped her dead body in the woods has been convicted at trial, announced Acting U.S. Attorney Chad Meacham. 

    Naasson Hazzard, 28, of Austin, was charged via criminal complaint in August and indicted in October. After nine days of trial and approximately an hour of deliberation, a jury on Tuesday convicted him of kidnapping resulting in death.

    “A young woman’s life was cut tragically short, her last moments likely spent in terror,” said Acting U.S. Attorney Chad Meacham. “But those final moments do not define her life. She mattered, her life had worth, and we are proud to put her kidnapper behind bars.”

    “Just a few months ago, this violent criminal not only kidnapped an unsuspecting victim, but also took her life. From that time, our commitment has been to seek justice,” said Travis Pickard, Special Agent in Charge of HSI Dallas. “With this guilty verdict, we are one step closer to achieving justice. HSI remains steadfast in using every method at our disposal to apprehend those who commit heinous acts in our communities.”

    According to evidence presented at trial, surveillance video caught Hazzard’s victim, a young sex worker, entering his semi-truck in Dallas at 9:27 p.m. on Aug. 15.

    Eight days later, her decomposing body was found in a wooded area off Texas Highway 11 in Pittsburg, Texas with a black plastic bag tied around her head. 

    Cell phone records showed that on the evening of Aug. 15, Mr. Hazzard traveled from the pickup location to a nearby parking lot, where he remained for approximately 17 minutes. He then drove over three hours to a wooded area off Highway 11 in Pittsburg, Texas, where he texted his boss that he would be out sick the following day and remained for almost an hour before completing a load for work.

    The next day, he and his wife returned to the scene before going to dinner in Tyler, Texas.

    In the days that followed, Mr. Hazzard switched cell phones and deleted his Google and Life360 location sharing accounts. He also cleaned the truck with bleach and searched “how many years for first second and third degree murders.” Meanwhile, his wife searched for “Pittsburg Texas news.”

    On Aug. 23, the same day the victim’s body was recovered, agents found her cell phone shattered on the side of the road along Mr. Hazzard’s route the night she was killed.  

    Mr. Hazzard now faces an automatic life sentence. 

    The North Texas Trafficking Task Force conducted the investigation with the assistance of the following agencies: the Dallas County District Attorney’s Office, the Dallas Police Department, the Midlothian Police Department, the Texas Rangers, the Federal Bureau of Investigation’s Dallas Field Office, the Titus County Sheriff’s Office, the Buda Police Department, the Austin Police Department, the Hayes County Sheriff’s Office, and the Texas Department of Public Safety. Homeland Security Investigation’s Dallas Field Office leads the Task Force. Assistant U.S. Attorneys Brandie Wade and Renee Hunter prosecuted the case with the help of appellate liaison Jonathan Bradshaw.

    MIL Security OSI –

  • MIL-OSI: WISeSat.Space Announces New 2025 Satellite Launches with Post-Quantum-Ready Technology

    Source: GlobeNewswire (MIL-OSI)

    WISeSat.Space Announces New 2025 Satellite Launches with Post-Quantum-Ready Technology

    Next launch will include SEALCOIN PoC to Enable Decentralized Satellite-IoT M2M Transactions Using Hedera DLT

    Geneva, Switzerland – February 6, 2025 – WISeKey International Holding (“WISeKey” or the “Company”) (NASDAQ: WKEY; SIX: WIHN), a leading global cybersecurity, AI, and IoT company, today announced that its subsidiary, WISeSat has released the satellite launches schedule for 2025, marking a major advancement in secure satellite-based IoT communications.

    The next confirmed launch is scheduled for June 2025 with SpaceX, deploying next-generation WISeSat satellites designed with post-quantum-ready security to protect against future cyber threats, followed by another one in October and a third one in December. This launch series serves as a proof of concept, integrating WISeKey’s trusted Root of Trust with SEALSQ’s cutting-edge Post-Quantum Chips, ensuring unmatched cybersecurity resilience in an evolving digital landscape. These satellites also incorporate incremental technology derived from the SEALSQ quantum roadmap, leveraging innovations from SEALSQ’s partner and startup investment program to enhance security, performance, and efficiency.

    The WISeSat constellation continues to expand, offering real-time, ultra-secure connectivity for IoT devices across industries worldwide. In response to the escalating cyber risks posed by quantum computing advancements, WISeSat reinforces WISeKey’s commitment to pioneering a resilient cybersecurity infrastructure.

    Carlos Moreira, Founder and CEO of WISeKey, emphasized the importance of this initiative noted, “These new launches represent a major step forward in securing IoT communications for the future. By integrating SEALSQ’s Post-Quantum Chips with WISeKey’s trusted Root of Trust, we are ensuring that WISeSat remains a leader in satellite cybersecurity. Our goal is to provide a quantum-resistant, globally connected IoT ecosystem that meets the security challenges of tomorrow.”

    As the satellite IoT communications division of WISeKey, WISeSat was established to meet the growing demand for secure, real-time IoT connectivity across critical industries, including logistics, agriculture, energy, and infrastructure management. WISeSat was established as part of WISeKey’s broader strategy to provide security in the era of quantum computing. Traditional IoT networks face increasing vulnerabilities, and WISeSat addresses these risks by delivering a global, satellite-based solution that combines secure connectivity with post-quantum cryptographic protection.

    Building on the success of its prior missions, WISeKey is preparing multiple WISeSat deployments throughout 2025, which will:

    • Expand the WISeSat satellite network to increase coverage, bandwidth, and redundancy.
    • Integrate AI-driven analytics for enhanced security monitoring and real-time data processing.
    • Develop hybrid terrestrial-satellite solutions to ensure seamless, ultra-secure IoT connectivity.

    WISeSat.Space AG is at the forefront of secure IoT connectivity and climate change monitoring, leveraging advanced satellite technology to deliver cost-effective, secure global communications. The WISeSat constellation supports key applications such as environmental monitoring, disaster management, and sustainable development. By integrating satellite-generated data with advanced climate models, WISeSat plays a crucial role in improving environmental intelligence and developing strategies to combat climate change.

    As the cyber and environmental landscapes continue to evolve, initiatives like WISeSat’s IoT satellite constellation will be critical in shaping a more resilient, secure, and sustainable future. With multiple launches planned for 2025, including the next confirmed mission with SpaceX in June, WISeKey remains at the forefront of securing the IoT ecosystem through space-based technology, leading the way toward a quantum-secure digital world.

    The June launch will include a PoC that will demonstrate SEALCOIN’s groundbreaking potential to facilitate decentralized space transactions in the growing Internet of Things (IoT) ecosystem. Leveraging the SEALCOIN platform, the PoC will enable satellite-initiated transactions to IoT devices without human intervention. The tokens, based on Hedera Decentralized Ledger Technology (DLT), ensure secure, transparent, and tamper-proof exchanges, driving the creation of a scalable Transactional IoT (t-IoT) infrastructure.

    In June, SEALSQ will launch a Proof of Concept (PoC) showcasing SEALCOIN’s transformative potential in decentralized space transactions within the expanding Internet of Things (IoT) ecosystem.

    • The PoC will enable satellite-initiated transactions with IoT devices without human intervention, establishing a seamless, autonomous data and value exchange mechanism.
    • SEALCOIN tokens, built on Hedera’s Decentralized Ledger Technology (DLT), ensure secure, transparent, and tamper-proof transactions.
    • This initiative will pave the way for a scalable Transactional IoT (t-IoT) infrastructure, enhancing efficiency and security in space-based IoT communications.

    This breakthrough aims to redefine machine-to-machine (M2M) transactions in sectors like smart cities, logistics, and remote sensing, opening new possibilities for secure, decentralized IoT applications beyond Earth.

    About WISeKey

    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

    Disclaimer
    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and Investor Contacts

    WISeKey International Holding Ltd
    Company Contact: Carlos Moreira
    Chairman & CEO
    Tel: +41 22 594 3000
    info@wisekey.com     		 WISeKey Investor Relations (US) 
    The Equity Group Inc.
    Lena Cati
    Tel: +1 212 836-9611
    lcati@equityny.com

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