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Category: GlobeNewswire

  • MIL-OSI: AI at Work: New Global Study Links AI to Greater Happiness

    Source: GlobeNewswire (MIL-OSI)

    • Workers who use AI daily are 34% more satisfied with their jobs and feel more optimistic about the future.
    • Job satisfaction strongly influences life satisfaction with happy employees 4.5 times more likely to feel happy in life.
    • AI users report higher fulfilment as two-thirds of those with high job satisfaction also report high satisfaction in life.
    • Paradoxically, frequent AI users are also likely to be up to 20% more stressed, as well as more concerned about their job security.

    LOWELL, Mass., June 24, 2025 (GLOBE NEWSWIRE) — Jabra, the world’s leading professional audio brand, today released the results of new research exploring whether AI can do more than just improve efficiency. This global study conducted in partnership with The Happiness Research Institute examines the connection of GenAI with wellbeing at work, and in everyday life. The data shows that while much of the conversation about AI has centered on efficiency, the real opportunity may lie in something far more human: happiness.

    The study, Work and Wellbeing in the Age of AI, surveyed over 3,700 knowledge workers1 across 11 countries and provides a first-of-its-kind look at how the growing use of AI tools is influencing job satisfaction, stress levels and life happiness.

    The link between AI and wellbeing
    The research reveals a clear correlation between frequent AI use and elevated job satisfaction. Workers who use AI daily report being 34% more satisfied with their roles compared to those who do not. They report stronger goal achievement (78% of frequent AI users vs. 63% of infrequent AI users) and more opportunities for advancement (70% of frequent AI users vs. 38% of infrequent AI users) than those who use AI just once a week or less.

    Similarly, compared with workers who don’t use AI regularly, frequent AI-users are more optimistic about their future job satisfaction (47% vs. 27%), and more confident that their work will remain enjoyable (44% vs. 23%) and fulfilling (45% vs. 24%). In conclusion, individuals using AI frequently are significantly more likely to experience a stronger sense of purpose and feel optimistic about the general future of work.

    Meik Wiking, CEO of The Happiness Research Institute and author of The Little Book of Hygge explains, “It’s easy to talk about AI in terms of productivity. But we need to start talking about it in terms of psychology. How it affects identity, motivation and what people believe their future looks like. The future of work isn’t just technological — it’s emotional.”

    Why workplace wellbeing matters
    The findings indicate that workplace wellbeing is closely linked to broader life satisfaction. Employees who are happy at work are 4.5 times more likely to report being satisfied with life overall. Two-thirds of those who report high job satisfaction also describe themselves as happy in their personal lives.

    Paul Sephton, Global Head of Brand Communications at Jabra, commented: “We need to understand how technology and wellbeing intersect. As we engineer products, we are innovating for a future where people collaborate not just with other people, but also with AI. This shift means evolving our solutions to support not only human interaction, but also to enable AI systems with the audio and video input they need to be more helpful, more contextual and more emotionally intelligent.”

    How we use AI also linked to stress
    While the overall sentiment around AI is positive, the study notes, paradoxically, that frequent AI users also report 20% higher levels of stress than infrequent users. This could be driven by the pressure to master new tools, craft the “right” prompts, and continuously adapt to evolving systems. Some of this strain may also come from the added mental load of reviewing and interpreting AI-generated outputs. Workers not only have to use these tools but also stay vigilant, double-checking results and making judgment calls more frequently.

    However, all stress is not equal. Workers who report slightly elevated stress levels (those who feel stretched but not overwhelmed) report higher purpose, greater happiness, and stronger satisfaction at work than those with moderate or neutral stress levels. In these cases, stress may be a proxy for engagement: a sign that workers are invested, motivated, and challenged in ways that feel meaningful.

    Big opportunity in AI deployment
    Despite the hype around AI, the majority of workers are still not using it regularly. In fact, nearly one-third of high-skilled professionals have never used AI at work. Among those who do, flexibility appears to be a defining factor. Workers are engaging with AI across a wide variety of inputs, from typing to using voice prompts, and using it for diverse tasks in multiple environments. This suggests a critical moment for businesses: AI has the potential to both support and detract from wellbeing. What organizations choose to do now will shape how successfully their workforce can adapt and thrive in the future.

    This study signals a new frontier for businesses navigating the integration of AI. Rather than focusing solely on efficiency, Jabra and The Happiness Research Institute suggest that the emotional experience of work must become a design priority. As AI becomes a regular part of the workplace, there is growing potential to build environments that foster both productivity and wellbeing.

    Download the full report at www.jabra.com/happinessresearch

    Note to Editors
    1 Knowledge workers are defined as professionals whose roles rely on skills such as communication, critical thinking and managing information, including but not limited to office workers like analysts, consultants, marketers and customer support specialists.

    PR Contact
    Hayley Minardi
    hminardi@jabra.com

    About Jabra
    Jabra is a world leading brand in audio, video, and collaboration solutions – engineered to empower businesses. Proudly part of the GN Group, we are committed to bringing people closer to one another and to what is important to them. GN’s R&D team utilizes innovative hardware, software, and AI-enabled technologies and expertise across hearing, enterprise, and gaming product groups. This engineering excellence allows Jabra to create integrated and customer-centric tools for call centers, offices, and collaboration to help professionals work more productively from anywhere. www.jabra.com

    Founded in 1869, GN Group employs more than 7,000 people and is listed on Nasdaq Copenhagen (GN.CO). GN’s solutions are sold in 100 countries across the world. Visit our homepage GN.com. 

    © 2025 GN Group. All rights reserved. Jabra® is a registered trademark of GN Group. All other trademarks included herein are the property of their respective owners (design and specifications are subject to change without notice).

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/95dd8129-a639-40c6-85cf-c839cd39c231

    The MIL Network –

  • MIL-OSI: AI at Work: New Global Study Links AI to Greater Happiness

    Source: GlobeNewswire (MIL-OSI)

    • Workers who use AI daily are 34% more satisfied with their jobs and feel more optimistic about the future.
    • Job satisfaction strongly influences life satisfaction with happy employees 4.5 times more likely to feel happy in life.
    • AI users report higher fulfilment as two-thirds of those with high job satisfaction also report high satisfaction in life.
    • Paradoxically, frequent AI users are also likely to be up to 20% more stressed, as well as more concerned about their job security.

    LOWELL, Mass., June 24, 2025 (GLOBE NEWSWIRE) — Jabra, the world’s leading professional audio brand, today released the results of new research exploring whether AI can do more than just improve efficiency. This global study conducted in partnership with The Happiness Research Institute examines the connection of GenAI with wellbeing at work, and in everyday life. The data shows that while much of the conversation about AI has centered on efficiency, the real opportunity may lie in something far more human: happiness.

    The study, Work and Wellbeing in the Age of AI, surveyed over 3,700 knowledge workers1 across 11 countries and provides a first-of-its-kind look at how the growing use of AI tools is influencing job satisfaction, stress levels and life happiness.

    The link between AI and wellbeing
    The research reveals a clear correlation between frequent AI use and elevated job satisfaction. Workers who use AI daily report being 34% more satisfied with their roles compared to those who do not. They report stronger goal achievement (78% of frequent AI users vs. 63% of infrequent AI users) and more opportunities for advancement (70% of frequent AI users vs. 38% of infrequent AI users) than those who use AI just once a week or less.

    Similarly, compared with workers who don’t use AI regularly, frequent AI-users are more optimistic about their future job satisfaction (47% vs. 27%), and more confident that their work will remain enjoyable (44% vs. 23%) and fulfilling (45% vs. 24%). In conclusion, individuals using AI frequently are significantly more likely to experience a stronger sense of purpose and feel optimistic about the general future of work.

    Meik Wiking, CEO of The Happiness Research Institute and author of The Little Book of Hygge explains, “It’s easy to talk about AI in terms of productivity. But we need to start talking about it in terms of psychology. How it affects identity, motivation and what people believe their future looks like. The future of work isn’t just technological — it’s emotional.”

    Why workplace wellbeing matters
    The findings indicate that workplace wellbeing is closely linked to broader life satisfaction. Employees who are happy at work are 4.5 times more likely to report being satisfied with life overall. Two-thirds of those who report high job satisfaction also describe themselves as happy in their personal lives.

    Paul Sephton, Global Head of Brand Communications at Jabra, commented: “We need to understand how technology and wellbeing intersect. As we engineer products, we are innovating for a future where people collaborate not just with other people, but also with AI. This shift means evolving our solutions to support not only human interaction, but also to enable AI systems with the audio and video input they need to be more helpful, more contextual and more emotionally intelligent.”

    How we use AI also linked to stress
    While the overall sentiment around AI is positive, the study notes, paradoxically, that frequent AI users also report 20% higher levels of stress than infrequent users. This could be driven by the pressure to master new tools, craft the “right” prompts, and continuously adapt to evolving systems. Some of this strain may also come from the added mental load of reviewing and interpreting AI-generated outputs. Workers not only have to use these tools but also stay vigilant, double-checking results and making judgment calls more frequently.

    However, all stress is not equal. Workers who report slightly elevated stress levels (those who feel stretched but not overwhelmed) report higher purpose, greater happiness, and stronger satisfaction at work than those with moderate or neutral stress levels. In these cases, stress may be a proxy for engagement: a sign that workers are invested, motivated, and challenged in ways that feel meaningful.

    Big opportunity in AI deployment
    Despite the hype around AI, the majority of workers are still not using it regularly. In fact, nearly one-third of high-skilled professionals have never used AI at work. Among those who do, flexibility appears to be a defining factor. Workers are engaging with AI across a wide variety of inputs, from typing to using voice prompts, and using it for diverse tasks in multiple environments. This suggests a critical moment for businesses: AI has the potential to both support and detract from wellbeing. What organizations choose to do now will shape how successfully their workforce can adapt and thrive in the future.

    This study signals a new frontier for businesses navigating the integration of AI. Rather than focusing solely on efficiency, Jabra and The Happiness Research Institute suggest that the emotional experience of work must become a design priority. As AI becomes a regular part of the workplace, there is growing potential to build environments that foster both productivity and wellbeing.

    Download the full report at www.jabra.com/happinessresearch

    Note to Editors
    1 Knowledge workers are defined as professionals whose roles rely on skills such as communication, critical thinking and managing information, including but not limited to office workers like analysts, consultants, marketers and customer support specialists.

    PR Contact
    Hayley Minardi
    hminardi@jabra.com

    About Jabra
    Jabra is a world leading brand in audio, video, and collaboration solutions – engineered to empower businesses. Proudly part of the GN Group, we are committed to bringing people closer to one another and to what is important to them. GN’s R&D team utilizes innovative hardware, software, and AI-enabled technologies and expertise across hearing, enterprise, and gaming product groups. This engineering excellence allows Jabra to create integrated and customer-centric tools for call centers, offices, and collaboration to help professionals work more productively from anywhere. www.jabra.com

    Founded in 1869, GN Group employs more than 7,000 people and is listed on Nasdaq Copenhagen (GN.CO). GN’s solutions are sold in 100 countries across the world. Visit our homepage GN.com. 

    © 2025 GN Group. All rights reserved. Jabra® is a registered trademark of GN Group. All other trademarks included herein are the property of their respective owners (design and specifications are subject to change without notice).

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/95dd8129-a639-40c6-85cf-c839cd39c231

    The MIL Network –

  • MIL-OSI: Granite Credit Union Breaks Ground on First Utah County Branch

    Source: GlobeNewswire (MIL-OSI)

    SALT LAKE CITY, June 24, 2025 (GLOBE NEWSWIRE) — On Monday, June 23, 2025, Granite Credit Union celebrated a historic moment as it broke ground on its first branch in Utah County, located in the fast-growing city of Eagle Mountain. The new branch reflects the credit union’s continued growth, success, and dedication to serving communities across Utah.

    The groundbreaking ceremony was attended by members of the credit union’s board of directors and executive leadership team, along with representatives from the Valley Crossroads Chamber of Commerce, the Eagle Mountain City Council, the mayor’s office, and members of the community. Once complete, the Eagle Mountain branch will be Granite’s 12th physical location or 13th, including its one-of-a-kind mobile branch.

    “This is more than just a groundbreaking—a celebration of Granite Credit Union’s growth, our commitment to service, and the enduring trust our members have placed in us for 90 years,” said Mark Young, president and CEO of Granite Credit Union. “Establishing a permanent presence in Utah County, specifically in Eagle Mountain, reflects our belief in this community’s future and our desire to be a financial partner residents can count on for generations to come.”

    The new branch will offer complete financial services and provide convenient, community-centered banking to individuals and families in Eagle Mountain and the surrounding area.

    Melissa Clark, president and CEO of the Valley Crossroads Chamber of Commerce, enthusiastically welcomed the announcement. “Granite Credit Union’s investment in Eagle Mountain is a testament to the exciting momentum happening here. We are thrilled to welcome a trusted financial institution that shares our vision for building a strong, thriving, and inclusive community.”

    As Granite Credit Union continues to celebrate its 90th anniversary throughout 2025, the Eagle Mountain expansion represents its mission to make life happen for more Utahns through personal service, trusted guidance, and community impact.

    To learn more about Granite Credit Union, please visit: granite.org. 

    To learn more about the Valley Crossroads Chamber, please visit: https://www.valleycrossroads.com/.

    About Granite Credit Union
    Founded in 1935, Granite Credit Union serves over 37,000 members, has 12 branch locations, and has nearly $900 million in assets. Committed to helping members achieve their financial goals, Granite Credit Union offers a variety of financial products and services, including competitive rates, flexible lending options, and personalized financial guidance. With a vision of “always there… so you can make life happen,” the credit union strives to empower members with the tools and support they need to succeed financially. Members enjoy access to secure mobile banking services, online tools, and personalized in-branch assistance at locations across Utah. Granite Credit Union is dedicated to positively impacting the communities it serves through financial education, trusted relationships, and exceptional service. Granite Credit Union is always there… so you can make life happen.

    Media Contact:
    marketing@granite.org 

    The MIL Network –

  • MIL-OSI: Matrixdock Expands Real-World Asset Tokenization to Include Silver, Platinum, and Palladium

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 24, 2025 (GLOBE NEWSWIRE) — Amid rising global demand for alternative precious metals, Matrixdock, the real-world asset (RWA) tokenization platform under the Matrixport Group, announces its strategic plan to expand beyond gold by introducing tokenized silver, platinum, and palladium. Following the success of its flagship gold-backed token, XAUm.This expansion plan represents Matrixdock’s next step toward bringing a full suite of precious metals on-chain, broadening access for institutions, corporates, and individuals through enhanced transparency and liquidity.

    The new tokens will follow the same institutional-grade structure as XAUm, including a bankruptcy-remote setup, trusted vaulting partners, third-party reserve audits, on-chain transparency, and seamless DeFi integration. By expanding its product suite to include silver, platinum, and palladium, Matrixdock continues to bridge traditional commodities with blockchain-native finance, unlocking new possibilities for portfolio diversification, financial inclusion, and the evolution of next-generation capital markets.

    “XAUm gold token was a groundbreaking step,” said Eva Meng, Head of Matrixdock. “With our secure vaulting network, trusted procurement network, and proven tokenization infrastructure already in place, silver, platinum, and palladium are natural next steps. We’re committed to expanding real-world assets on chain. Driven by strong demand for hard assets, year-to-date, silver has rallied 25%, a clear break-through long-held resistance above $35, while platinum has surged 44% amid tightening supply and industrial demand. “It’s meaningful to enable broader ownership of the full suite of precious metals and help level the playing field,” Meng added.

    The tokenized gold XAUm launched by Matrixdock is one of the Top 3 gold tokens by chain adoption rate. It has been integrated with on-chain protocols such as UniSwap, PancakeSwap, Kinza Finance, etc., and supports dollar-cost averaging (DCA) to enable users to build a gold portfolio on a regular basis over time. Currently, Matrixdock manages 12,569 troy ounces of gold assets, each XAUm is backed by one troy ounce of 99.99% purity, London Bullion Market Association (LBMA) accredited gold.

    About Matrixport

    Founded in 2019, Matrixport is the world’s leading all-in-one hub for crypto financial services. The platform is committed to providing every user with a personalized Super Account that integrates crypto trading, investment, loan, custody, RWA, research, and more. With $6 billion in AUM (assets under management), Matrixport offers global users diverse crypto-financial solutions designed for optimal capital efficiency and sustainable returns.

    Matrixport official website:：https://www.matrixport.com

    About Matrixdock

    Matrixdock is a premier platform under Matrixport Group that offers access to high-quality Real World Assets (RWA) through advanced tokenization technology. As the first in Asia to introduce a tokenized short-term treasury bill product, STBT, Matrixdock earned the Ecosystem Excellence TADS Award in 2023 for Trading & Liquidity Solutions. In 2024, Matrixdock launched XAUm, a tokenized gold asset fully backed by 99.99% purity gold, providing investors with a trusted and transparent digital asset linked to LBMA-accredited gold.

    With a steadfast focus on building a trusted and secure RWA ecosystem for cryptocurrency, Matrixdock aims to provide diversified investment opportunities while setting new standards for trust and governance in the digital asset space.

    Matrixdock official website: https://www.matrixdock.com/

    Media Contact: Cici.Lu@matrixport.com

    Disclaimer: This press release is provided by Matrixport. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/166d4d48-4294-4a8d-80f2-449bcee634cd

    The MIL Network –

  • MIL-OSI: XRP May Fall to $1.18, PFMCrypto Launches XRP Mining Contracts to Provide Daily Income for XRP Holders

    Source: GlobeNewswire (MIL-OSI)

    TEXAS CITY, Texas, June 24, 2025 (GLOBE NEWSWIRE) — Analysts are warning of a potential correction in XRP’s price down to $1.18, prompting long-term holders to brace for increased volatility. Despite strong fundamentals and growing institutional interest, XRP has struggled to break the $2.40 resistance level—driving many investors to seek alternative income strategies amid bearish market sentiment.

    PFMCrypto, an AI-powered cloud mining platform, is stepping in with a timely solution: short-term XRP mining contracts that generate daily rewards, allowing token holders to profit even during downturns.

    Explore PFMCrypto’s official site: https://pfmcrypto.net

    PFMCrypto Offers a Hedge for XRP Holders During Market Slowdowns
    PFMCrypto is a new-generation platform focused on remote, hardware-free cryptocurrency mining. It recently launched a 1-day XRP mining contract designed for maximum accessibility with low cost, no commitment, and instant activation. With a $10 sign-up bonus, even new users can start mining without any upfront investment.

    As XRP faces a possible price pullback, the platform provides a much-needed income alternative: daily withdrawable rewards backed by an AI-optimized infrastructure and a proven business model.

    XRP Mining Contracts Now Live on PFMCrypto
    PFMCrypto has introduced a flexible lineup of XRP mining contracts tailored to suit a variety of investor profiles. Each plan offers predictable earnings without any hardware or technical know-how:
    1-Day Contract – $10 (Free Bonus) – Earn $0.66
    2-Day Contract – $100 – Earn $3.00/day + $2 bonus
    9-Day Contract – $1,000 – Earn $13.10/day
    30-Day Contract – $5,000 – Earn $78.50/day
    All contracts include full capital protection upon maturity, allowing users to withdraw their principal after the term ends.

    Click here to view all XRP mining contracts.

    Why More XRP Holders Are Choosing PFMCrypto?
    PFMCrypto has gained rapid traction within the XRP community thanks to its ultra-low entry threshold, maintenance-free model, and AI-powered profit engine. The platform adjusts computing resource allocation in real time to maximize returns, even when the market is consolidating or trending downward.
    Key Benefits:
    1. No hardware or setup required – Cloud mining made simple
    2. AI-optimized earnings – Dynamic yield adjustment
    3. Instant rewards for new users – $10 bonus on registration
    4. Daily withdrawals + capital protection – Liquidity + security
    In the past week alone, PFMCrypto has seen a 240% increase in new XRP miner sign-ups, as more investors seek ways to hedge against downside risk.

    How to Start XRP Cloud Mining with PFMCrypto?
    1. Register – Sign up today and receive a $10 welcome bonus plus $0.60 in daily sign-in rewards.
    Click here to register now.
    2. Choose a Plan – Select from over a dozen XRP mining contracts—starting with the free 1-day plan.
    3. Start Earning – Once your contract is activated, daily mining rewards will be automatically credited—no setup needed.

    About PFMCrypto
    Founded in 2018, PFMCrypto is a global leader in AI-powered cloud mining technologies. The platform delivers data-driven mining services for major cryptocurrencies including XRP, BTC, ETH, LTC, DOGE, and SOL. Serving over 9.2 million users across 192 countries, PFMCrypto is redefining how crypto holders generate passive income—whether in a bull or bear market.
    As XRP enters a potential correction phase, PFMCrypto stands out as a low-risk, high-efficiency solution for holders looking to stay productive while waiting for the next rally.

    For full details and participation options, visit: https://pfmcrypto.net

    Media Contact:

    Amelia Elspeth
    PFMcrypto
    info@pfmcrypto.net

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b33cbec3-8986-4c58-ab52-75a29a28e4c5

    The MIL Network –

  • MIL-OSI: Primech AI, a Subsidiary of Primech Holdings, Expands to the Hong Kong Market Through a Strategic Partnership with ReMining Ai Ltd.

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 24, 2025 (GLOBE NEWSWIRE) — Primech AI Pte. Ltd. (“Primech AI” or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced the signing of a strategic partnership with Hong Kong-based ReMining Ai Ltd to expand the deployment of its revolutionary HYTRON autonomous bathroom cleaning robot to the Hong Kong market.

    The companies formally established their collaboration through a signed Memorandum of Understanding (MOU), creating a framework for ReMining Ai Ltd to serve as Primech AI’s authorized agent in Hong Kong for two years.

    “This partnership marks a significant milestone in our international expansion strategy,” said Mr. Charles Ng, Chief Operating Officer of Primech AI. “Hong Kong represents a key market with tremendous potential for our autonomous cleaning technology. By partnering with ReMining Ai Ltd, we gain a strong local presence with the expertise needed to successfully deploy and support our HYTRON robots across the region.”

    Comprehensive Market Coverage

    Under the terms of the agreement, ReMining Ai Ltd will manage all aspects of Primech AI’s operations in Hong Kong, including:      

      ● Deployment and installation of HYTRON bathroom cleaning robots at customer facilities
      ● Provision of maintenance and technical support services
      ● Training of customer personnel on robot operation and basic troubleshooting
      ● Quality control monitoring to ensure performance standards
      ● Regular reporting on robot performance and market feedback

    Mr. Hui Yuk Pan, Director of ReMining Ai Ltd, commented, “We are excited to partner with Primech AI to bring this cutting-edge cleaning technology to Hong Kong. The HYTRON robots address critical challenges in the facility services industry, including labor shortages and increasing hygiene standards. We look forward to introducing this innovative AI cleaning robot solution to commercial properties, shopping malls, airports, and other high-traffic venues across Hong Kong.”

    “The Hong Kong expansion represents an important step in our growth strategy as we look to bring our AI-powered cleaning solutions to key markets across Asia,” said Mr. Kin Wai Ho, Chief Executive Officer of Primech Holdings. “By establishing strong partnerships with respected local operators like ReMining Ai Ltd, we can ensure our technology is deployed effectively while maintaining the highest standards of service and support.”

    HYTRON is a fully autonomous, AI-powered bathroom-cleaning robot designed to revolutionize hygiene in high-traffic facilities. With advanced 3D-cleaning capabilities and electrolyzed water technology, HYTRON ensures consistent, high-quality cleaning while significantly reducing manual labor. The latest model features the cutting-edge NVIDIA Jetson Orin Super — a compact yet powerful System-on-Module (SoM) built for advanced-edge AI and robotics. This integration enables exceptional energy efficiency, real-time data processing, and intelligent navigation, making HYTRON a highly scalable and future-ready solution for smart facility management.

    About ReMining Ai Ltd

    ReMining Ai Ltd is a Hong Kong-based technology firm specializing in deploying and supporting advanced robotics and AI solutions. ReMining Ai operates from Cyberport, Hong Kong’s premier digital technology hub, and focuses on implementing innovative technologies across various sectors. For more information, visit www.reminingai.com.

    About Primech AI

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

    About Primech Holdings Limited

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

    Forward-Looking Statements

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

    Company Contact:

    Email: ir@primech.com.sg

    Investor Relations Contact:

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

    The MIL Network –

  • MIL-OSI: Primech AI, a Subsidiary of Primech Holdings, Expands to the Hong Kong Market Through a Strategic Partnership with ReMining Ai Ltd.

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 24, 2025 (GLOBE NEWSWIRE) — Primech AI Pte. Ltd. (“Primech AI” or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced the signing of a strategic partnership with Hong Kong-based ReMining Ai Ltd to expand the deployment of its revolutionary HYTRON autonomous bathroom cleaning robot to the Hong Kong market.

    The companies formally established their collaboration through a signed Memorandum of Understanding (MOU), creating a framework for ReMining Ai Ltd to serve as Primech AI’s authorized agent in Hong Kong for two years.

    “This partnership marks a significant milestone in our international expansion strategy,” said Mr. Charles Ng, Chief Operating Officer of Primech AI. “Hong Kong represents a key market with tremendous potential for our autonomous cleaning technology. By partnering with ReMining Ai Ltd, we gain a strong local presence with the expertise needed to successfully deploy and support our HYTRON robots across the region.”

    Comprehensive Market Coverage

    Under the terms of the agreement, ReMining Ai Ltd will manage all aspects of Primech AI’s operations in Hong Kong, including:      

      ● Deployment and installation of HYTRON bathroom cleaning robots at customer facilities
      ● Provision of maintenance and technical support services
      ● Training of customer personnel on robot operation and basic troubleshooting
      ● Quality control monitoring to ensure performance standards
      ● Regular reporting on robot performance and market feedback

    Mr. Hui Yuk Pan, Director of ReMining Ai Ltd, commented, “We are excited to partner with Primech AI to bring this cutting-edge cleaning technology to Hong Kong. The HYTRON robots address critical challenges in the facility services industry, including labor shortages and increasing hygiene standards. We look forward to introducing this innovative AI cleaning robot solution to commercial properties, shopping malls, airports, and other high-traffic venues across Hong Kong.”

    “The Hong Kong expansion represents an important step in our growth strategy as we look to bring our AI-powered cleaning solutions to key markets across Asia,” said Mr. Kin Wai Ho, Chief Executive Officer of Primech Holdings. “By establishing strong partnerships with respected local operators like ReMining Ai Ltd, we can ensure our technology is deployed effectively while maintaining the highest standards of service and support.”

    HYTRON is a fully autonomous, AI-powered bathroom-cleaning robot designed to revolutionize hygiene in high-traffic facilities. With advanced 3D-cleaning capabilities and electrolyzed water technology, HYTRON ensures consistent, high-quality cleaning while significantly reducing manual labor. The latest model features the cutting-edge NVIDIA Jetson Orin Super — a compact yet powerful System-on-Module (SoM) built for advanced-edge AI and robotics. This integration enables exceptional energy efficiency, real-time data processing, and intelligent navigation, making HYTRON a highly scalable and future-ready solution for smart facility management.

    About ReMining Ai Ltd

    ReMining Ai Ltd is a Hong Kong-based technology firm specializing in deploying and supporting advanced robotics and AI solutions. ReMining Ai operates from Cyberport, Hong Kong’s premier digital technology hub, and focuses on implementing innovative technologies across various sectors. For more information, visit www.reminingai.com.

    About Primech AI

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

    About Primech Holdings Limited

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

    Forward-Looking Statements

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

    Company Contact:

    Email: ir@primech.com.sg

    Investor Relations Contact:

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

    The MIL Network –

  • MIL-OSI: Gebbia Media Launches Tactical Wealth Podcast for the Military and Veteran Community

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, June 24, 2025 (GLOBE NEWSWIRE) — Gebbia Media – a wholly owned subsidiary of Siebert Financial (NASDAQ: SIEB) – has announced the launch of Tactical Wealth: From Military to Money, a new podcast dedicated to empowering the military and veteran community through candid conversations, practical advice, and inspiring stories from some of the most accomplished, respected, and influential veterans who have successfully navigated life after service.

    Hosted by Kaj Larsen, former Navy SEAL, journalist, and entrepreneur, Tactical Wealth highlights veterans who have successfully transitioned from military service to financial success, entrepreneurship, and leadership in civilian life. Each episode provides veterans and service members with tactical lessons to build wealth and lead with impact beyond the uniform.

    “This podcast is a mission; it’s about giving the military community, veterans, and their families the tactical knowledge and financial confidence to win after service,” said Kaj Larsen. “We’re shining a light on veterans who have successfully built wealth and impact beyond the uniform and sharing the tactical steps that got them there.”

    The launch of the podcast is part of Gebbia Media’s broader strategic content portfolio, which includes a growing roster of original podcasts, documentaries, and factual entertainment. Gebbia Media is focused on telling mission-driven stories across themes such as sports, women’s empowerment, entrepreneurship, among others. Tactical Wealth joins this expanding slate of content that is designed to inform, inspire, and create lasting cultural and financial impact across platforms.

    “At Gebbia Media, we’re driven to create content that inspires action and empowers communities. Tactical Wealth is not just a podcast; it’s a valuable resource for veterans and their families to thrive in their next chapter.” Added David Gebbia, CEO of Gebbia Media.

    The podcast is sponsored by Siebert.Valor, an initiative from Siebert Financial dedicated to supporting the military community through financial education, career transition resources, and leadership development. This sponsorship reflects a shared commitment to breaking down barriers to financial success for veterans and service members.

    A spokesperson from Siebert Financial Corp., emphasized the company’s commitment:
    “Through Siebert.Valor, we’re focused on breaking down barriers to financial success for the military community. Partnering with Tactical Wealth allows us to amplify the stories and strategies that can truly make a difference in veterans’ lives.”

    The first season of Tactical Wealth features powerful conversations with high-profile guests, including Patrick J. Murphy, the first Iraq War veteran elected to Congress and former Under Secretary of the Army; General Laura Richardson, four-star General and Commander of U.S. Southern Command; Mitch Aguiar, a Navy SEAL veteran, entrepreneur, and MMA fighter, and more. Available now on Spotify, Apple Podcasts, and other major platforms. New episodes will be released weekly throughout the season.

    For more information, please visit: tacticalwealth.transistor.fm

    About Gebbia Media
    Gebbia Media is an artist-first entertainment company focused on the development and promotion of music and sports talent, catalog acquisition, and bold storytelling across film, television, podcasts, and digital media. As a subsidiary of Siebert Financial Corp. (Nasdaq: SIEB), Gebbia Media also functions as the in-house production and marketing agency for Siebert and its subsidiaries, creating branded content, advertising strategies, and social media campaigns.

    Driven by the belief that creativity, raw talent, and commercial acumen can birth extraordinary storytelling, Gebbia Media is building a premier media company rooted in cultural impact and financial strategy. By fusing compelling content with financial infrastructure, the company is redefining how audiences are engaged, enhancing financial literacy, expanding market reach, and unlocking new monetization opportunities across platforms. Gebbia Media’s operations span music, sports, and entertainment, creating powerful synergies between culture and commerce within Siebert’s broader ecosystem. More information is available at www.gebbiamedia.com.

    About Siebert Financial Corp.
    Siebert is a diversified financial services company and has been a member of the NYSE since 1967, when Muriel Siebert became the first woman to own a seat on the NYSE and the first to head one of its member firms.

    Siebert operates through its subsidiaries Muriel Siebert & Co., LLC, Siebert AdvisorNXT, LLC, Park Wilshire Companies, Inc., RISE Financial Services, LLC, Siebert Technologies, LLC, and StockCross Digital Solutions, Ltd, and Gebbia Media LLC. Through these entities, Siebert provides a full range of brokerage and financial advisory services, including securities brokerage; investment banking and capital markets services; investment advisory and insurance offerings; securities lending; corporate stock plan administration solutions; in addition to entertainment and media productions. For over 55 years, Siebert has been a company that values its clients, shareholders, and employees. More information is available at www.siebert.com.

    Cautionary Note Regarding Forward-Looking Statements
    The statements contained in this press release that are not historical facts, including statements about our beliefs and expectations, are “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements preceded by, followed by, or that include the words “may,” “could,” “would,” “should,” “believe,” “expect,” “anticipate,” “plan,” “estimate,” “target,” “project,” “intend” and similar words or expressions. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances are forward-looking statements.

    These forward-looking statements, which reflect beliefs, objectives, and expectations as of the date hereof, are based on the best judgment of the management of Siebert. All forward-looking statements speak only as of the date on which they are made. Such forward-looking statements are subject to certain risks, uncertainties and assumptions relating to factors that could cause actual results to differ materially from those anticipated in such statements, including, without limitation, the following: economic, social and political conditions, global economic downturns resulting from extraordinary events; securities industry risks; interest rate risks; liquidity risks; credit risk with clients and counterparties; risk of liability for errors in clearing functions; systemic risk; systems failures, delays and capacity constraints; network security risks; competition; reliance on external service providers; new laws and regulations affecting Siebert’s business; net capital requirements; extensive regulation, regulatory uncertainties and legal matters; failure to maintain relationships with employees, customers, business partners or governmental entities; the inability to achieve synergies or to implement integration plans; and other consequences associated with risks and uncertainties detailed in Part I, Item 1A – Risk Factors of Siebert’s Annual Report on Form 10-K for the year ended December 31, 2024, and Siebert’s filings with the SEC.

    Siebert cautions that the foregoing list of factors is not exclusive, and new factors may emerge, or changes to the foregoing factors may occur that could impact its business. Siebert undertakes no obligation to publicly update or revise these statements, whether as a result of new information, future events, or otherwise, except to the extent required by the federal securities laws.

    Media Contact:
    Deborah Kostroun, Zito Partners
    deborah@zitopartners.com
    +1 (201) 403-8185

    The MIL Network –

  • MIL-OSI: Gebbia Media Launches Tactical Wealth Podcast for the Military and Veteran Community

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, June 24, 2025 (GLOBE NEWSWIRE) — Gebbia Media – a wholly owned subsidiary of Siebert Financial (NASDAQ: SIEB) – has announced the launch of Tactical Wealth: From Military to Money, a new podcast dedicated to empowering the military and veteran community through candid conversations, practical advice, and inspiring stories from some of the most accomplished, respected, and influential veterans who have successfully navigated life after service.

    Hosted by Kaj Larsen, former Navy SEAL, journalist, and entrepreneur, Tactical Wealth highlights veterans who have successfully transitioned from military service to financial success, entrepreneurship, and leadership in civilian life. Each episode provides veterans and service members with tactical lessons to build wealth and lead with impact beyond the uniform.

    “This podcast is a mission; it’s about giving the military community, veterans, and their families the tactical knowledge and financial confidence to win after service,” said Kaj Larsen. “We’re shining a light on veterans who have successfully built wealth and impact beyond the uniform and sharing the tactical steps that got them there.”

    The launch of the podcast is part of Gebbia Media’s broader strategic content portfolio, which includes a growing roster of original podcasts, documentaries, and factual entertainment. Gebbia Media is focused on telling mission-driven stories across themes such as sports, women’s empowerment, entrepreneurship, among others. Tactical Wealth joins this expanding slate of content that is designed to inform, inspire, and create lasting cultural and financial impact across platforms.

    “At Gebbia Media, we’re driven to create content that inspires action and empowers communities. Tactical Wealth is not just a podcast; it’s a valuable resource for veterans and their families to thrive in their next chapter.” Added David Gebbia, CEO of Gebbia Media.

    The podcast is sponsored by Siebert.Valor, an initiative from Siebert Financial dedicated to supporting the military community through financial education, career transition resources, and leadership development. This sponsorship reflects a shared commitment to breaking down barriers to financial success for veterans and service members.

    A spokesperson from Siebert Financial Corp., emphasized the company’s commitment:
    “Through Siebert.Valor, we’re focused on breaking down barriers to financial success for the military community. Partnering with Tactical Wealth allows us to amplify the stories and strategies that can truly make a difference in veterans’ lives.”

    The first season of Tactical Wealth features powerful conversations with high-profile guests, including Patrick J. Murphy, the first Iraq War veteran elected to Congress and former Under Secretary of the Army; General Laura Richardson, four-star General and Commander of U.S. Southern Command; Mitch Aguiar, a Navy SEAL veteran, entrepreneur, and MMA fighter, and more. Available now on Spotify, Apple Podcasts, and other major platforms. New episodes will be released weekly throughout the season.

    For more information, please visit: tacticalwealth.transistor.fm

    About Gebbia Media
    Gebbia Media is an artist-first entertainment company focused on the development and promotion of music and sports talent, catalog acquisition, and bold storytelling across film, television, podcasts, and digital media. As a subsidiary of Siebert Financial Corp. (Nasdaq: SIEB), Gebbia Media also functions as the in-house production and marketing agency for Siebert and its subsidiaries, creating branded content, advertising strategies, and social media campaigns.

    Driven by the belief that creativity, raw talent, and commercial acumen can birth extraordinary storytelling, Gebbia Media is building a premier media company rooted in cultural impact and financial strategy. By fusing compelling content with financial infrastructure, the company is redefining how audiences are engaged, enhancing financial literacy, expanding market reach, and unlocking new monetization opportunities across platforms. Gebbia Media’s operations span music, sports, and entertainment, creating powerful synergies between culture and commerce within Siebert’s broader ecosystem. More information is available at www.gebbiamedia.com.

    About Siebert Financial Corp.
    Siebert is a diversified financial services company and has been a member of the NYSE since 1967, when Muriel Siebert became the first woman to own a seat on the NYSE and the first to head one of its member firms.

    Siebert operates through its subsidiaries Muriel Siebert & Co., LLC, Siebert AdvisorNXT, LLC, Park Wilshire Companies, Inc., RISE Financial Services, LLC, Siebert Technologies, LLC, and StockCross Digital Solutions, Ltd, and Gebbia Media LLC. Through these entities, Siebert provides a full range of brokerage and financial advisory services, including securities brokerage; investment banking and capital markets services; investment advisory and insurance offerings; securities lending; corporate stock plan administration solutions; in addition to entertainment and media productions. For over 55 years, Siebert has been a company that values its clients, shareholders, and employees. More information is available at www.siebert.com.

    Cautionary Note Regarding Forward-Looking Statements
    The statements contained in this press release that are not historical facts, including statements about our beliefs and expectations, are “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements preceded by, followed by, or that include the words “may,” “could,” “would,” “should,” “believe,” “expect,” “anticipate,” “plan,” “estimate,” “target,” “project,” “intend” and similar words or expressions. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances are forward-looking statements.

    These forward-looking statements, which reflect beliefs, objectives, and expectations as of the date hereof, are based on the best judgment of the management of Siebert. All forward-looking statements speak only as of the date on which they are made. Such forward-looking statements are subject to certain risks, uncertainties and assumptions relating to factors that could cause actual results to differ materially from those anticipated in such statements, including, without limitation, the following: economic, social and political conditions, global economic downturns resulting from extraordinary events; securities industry risks; interest rate risks; liquidity risks; credit risk with clients and counterparties; risk of liability for errors in clearing functions; systemic risk; systems failures, delays and capacity constraints; network security risks; competition; reliance on external service providers; new laws and regulations affecting Siebert’s business; net capital requirements; extensive regulation, regulatory uncertainties and legal matters; failure to maintain relationships with employees, customers, business partners or governmental entities; the inability to achieve synergies or to implement integration plans; and other consequences associated with risks and uncertainties detailed in Part I, Item 1A – Risk Factors of Siebert’s Annual Report on Form 10-K for the year ended December 31, 2024, and Siebert’s filings with the SEC.

    Siebert cautions that the foregoing list of factors is not exclusive, and new factors may emerge, or changes to the foregoing factors may occur that could impact its business. Siebert undertakes no obligation to publicly update or revise these statements, whether as a result of new information, future events, or otherwise, except to the extent required by the federal securities laws.

    Media Contact:
    Deborah Kostroun, Zito Partners
    deborah@zitopartners.com
    +1 (201) 403-8185

    The MIL Network –

  • MIL-OSI: DSS, Inc.’s Subsidiary, Impact BioMedical Inc., Announces Strategic Merger

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 24, 2025 (GLOBE NEWSWIRE) — DSS, Inc. (NYSE American: DSS) (“DSS” or the “Company”), a multinational company operating across diverse industries including packaging, wealth management, and biohealth innovation, today announced that its subsidiary, Impact BioMedical Inc. (“Impact”), has entered into a definitive merger agreement (the “Merger Agreement”) with Dr. Ashleys Limited (“Dr. Ashleys”), a global pharmaceutical company.

    Under the terms of the agreement, Dr. Ashleys will acquire Impact through a reverse merger that will result in a newly formed combined entity (the “PubCo”) traded on the NYSE American under the name “Dr Ashleys Limited.”

    This strategic transaction marks an important milestone not only for Impact, but also for DSS, as it reflects a successful outcome in the overall Company strategy to unlock value across the portfolio and for its shareholders by advancing key subsidiaries toward independent public listings and/or other exit opportunities.

    Strategic Rationale

    The combination of Dr. Ashleys’ extensive pharmaceutical manufacturing and commercialization capabilities with Impact BioMedical’s innovation-driven platform positions the combined company to accelerate the development of groundbreaking therapies.

    Under the terms of the Merger Agreement, a series of conversion and equity alignment actions are contemplated to simplify ownership and strengthen DSS’s strategic position in the newly formed public entity (“PubCo”) immediately prior to closing. This includes the conversion of Impact’s Series A Preferred Stock, the exercise of DSS’s debt-to-equity rights under its promissory note, and the cancellation of in-the-money Impact options and warrants for Impact shares. These shares, including those held by DSS, will be converted into PubCo ordinary shares, representing 4.80% of the combined company’s total outstanding shares at closing.

    For DSS, this transaction extends its equity interest to a larger, globally positioned pharmaceutical company. It offers an opportunity to participate in the growth potential of a public entity with a portfolio of intellectual property, R&D capabilities, and international market reach.

    “This transaction reflects our continued commitment to unlocking shareholder value through the strategic development and monetization of our subsidiaries,” said Jason Grady, CEO of DSS, Inc. “We believe the combination of Impact’s disruptive pipeline with Dr. Ashleys’ global infrastructure and commercial expertise will establish a robust, scalable biopharmaceutical platform. It further validates our strategy of creating long-term value by preparing our key assets for public market growth.”

    Advancing the DSS Strategic Roadmap

    This transaction represents the latest milestone in DSS’s broader strategy to structure and scale its diverse subsidiaries as standalone public entities, unlocking value through spin-offs, strategic transactions, and public listings.

    Transaction Overview

    Under the terms of the Merger Agreement, a merger subsidiary incorporated in Nevada as a PubCo subsidiary will merge with and into Impact, with Impact being the surviving entity. Simultaneously with or immediately following the merger, the PubCo shall acquire all of the issued and outstanding shares of Dr. Ashleys Bio Labs Limited, a Cayman Islands exempted company holding all shares of Dr. Ashleys. As a result of the Transaction, Impact and Dr. Ashleys shall become wholly-owned subsidiaries of PubCo. Upon closing, the PubCo will be operated by the management team of Dr. Ashleys, with a new Board of Directors to be assembled by Dr. Ashleys.

    The Boards of Directors of both Dr. Ashleys and Impact have unanimously approved the proposed Transaction, subject to, among other things, approval by Impact’s shareholders, and satisfaction (or waiver, as applicable) of the conditions provided in the Merger Agreement, including regulatory approvals and other customary closing conditions, including an effective registration statement on Form F-4 or S-4 in connection with the proposed Transaction being declared effective by the U.S. Securities and Exchange Commission (the “SEC”) and the approval of listing applications with the New York Stock Exchange.

    Additional information about the proposed Transaction, including a copy of the Merger Agreement, has been provided in a Current Report on Form 8-K filed by Impact with the SEC and available at www.sec.gov. Additional information about the proposed Transaction will be described in the registration statement on Form F-4 or S-4, which will be filed by the newly formed PubCo with the SEC.

    About DSS, Inc.

    DSS, Inc. (NYSE American: DSS) is a multinational company operating across multiple business lines including health and wellness, packaging, real estate, and securities and blockchain. The Company operates a business model based on developing high-growth subsidiaries and unlocking value through strategic IPOs and public listings. For more information, visit www.dssworld.com.

    Forward-looking Statements:

    The foregoing material may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company’s product development and business prospects, and can be identified by the use of words such as “may,” “will,” “expect,” “project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,” “should,” “continue” or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, performance, or achievements. Except as required by applicable law, including the security laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

    For investor and media inquiries or additional information, please contact:

    Investor Contact:
    DSS, Inc.
    Investor Relations
    ir@dssworld.com
    +1 (585) 565-2422

    The MIL Network –

  • MIL-OSI: PMGC Holdings Inc. Signs Non-Binding LOI to Acquire CNC Aerospace Manufacturer Generating $4.5 Million in Annual Revenue

    Source: GlobeNewswire (MIL-OSI)

    • Serves Multiple Tier-1 Aerospace Clients
    • AS9100 and ISO 9001-Certified CNC Manufacturer

    NEWPORT BEACH, Calif., June 24, 2025 (GLOBE NEWSWIRE) — PMGC Holdings Inc. (Nasdaq: ELAB) (the “Company,” “PMGC,” “we,” or “us”), a diversified public holding company, today announced that it has entered into a non-binding Letter of Intent (“LOI”) to acquire a U.S.-based, CNC machining company specializing in manufacturing high-complexity components for the aerospace and defense sectors.

    About the Target Company

    The target company, founded in 1948 is AS9100 and ISO 9001certified CNC machining firm specializing in precision aerospace components. With over 75 years of experience, the company operates a modern facility equipped with 5-axis CNC machines, advanced CAD/CAM and ERP systems, and offers a full range of secondary services including grinding, EDM, and honing. It serves commercial and defense aerospace customers with ultra-tight tolerances and cleanroom-capable production, delivering high-quality parts backed by strong customer service and long-standing client relationships.

    With a 2024 revenue base of approximately $4.5 million and $500,000 in adjusted EBITDA, the business combines consistent profitability with a reputation for quality and reliability. Target’s growth has been entirely organic—built on decades of customer referrals, repeat business, and trusted vendor relationships.

    Strategic Fit

    This marks PMGC’s latest step in its strategy to acquire specialized U.S. manufacturers operating in sectors where quality, certification, and technical expertise create long-term value. The aerospace sector, in particular, is experiencing renewed demand for certified domestic suppliers as federal incentives and geopolitical realignment continue to push toward onshoring and supply chain resiliency.

    “This company exemplifies the kind of certified, mission-critical supplier we aim to partner with,” said Graydon Bensler, Chief Executive Officer of PMGC. “Its deep integration into high-trust aerospace supply chains, paired with consistent earnings and a strong operational foundation, make it a natural fit for our platform.”

    The closing of this anticipated acquisition is subject to customary conditions, including completion of due diligence, certain corporate approvals, and execution and delivery of definitive documentation. We cannot assure that closing of the acquisition will occur.

    About PMGC Holdings Inc.

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

    Forward-Looking Statements

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

    IR Contact:

    IR@pmgcholdings.com

    The MIL Network –

  • MIL-OSI: SINTX Technologies Acquires SiNAPTIC Surgical Assets and IP to Expand into $1.3B Foot and Ankle Fusion Market

    Source: GlobeNewswire (MIL-OSI)

    Strategic Acquisition Brings Patented Implant Designs, Seasoned Executive Team, and Near-Term Commercial Opportunities

    SALT LAKE CITY, Utah, June 24, 2025 (GLOBE NEWSWIRE) — SINTX Technologies, Inc. (NASDAQ: SINT) (“SINTX” or the “Company”), an advanced ceramics company focused on medical device innovation, today announced that it has executed a Definitive Agreement to acquire the surgical business assets of SiNAPTIC Holdings, LLC, a privately held company focused on silicon nitride ceramic manufacturing and innovation. This transaction is a significant milestone in SINTX’s strategy to acquire a potential competitor and drive commercial revenue growth and expand its product portfolio in the foot and ankle fusion market.

    Under the terms of the agreement, SINTX has acquired all intellectual property, product designs, and development assets related to six (6) differentiated foot and ankle implant systems. These designs are backed by clinical development and mechanical testing and a 510(k) pre-submission that is expected to accelerate near-term commercial launch activities. The global ankle fusion market, currently valued at approximately $750.5 million, is expected to grow to $1.38 billion by 2032, representing a CAGR of 9.1%, according to industry research.

    “This acquisition is transformative for SINTX by adding a family of FDA-reviewed implants, portfolio of new technologies, and capital, accelerating our shift from R&D to revenue generation and commercial scale,” said Eric Olson, CEO of SINTX Technologies. “Additionally, the SiNAPTIC team brings deep expertise in product development, regulatory strategy, and commercialization to support our existing commercial product portfolio—key elements in driving increased value for our shareholders.”

    As part of the transaction, key members of the SiNAPTIC Surgical executive team and board of directors will join SINTX in the following roles:

    • Chairman of SINTX Clinical Advisory Board, Bryan Scheer, M.D.
    • Managing Director of Business Development, Hugh Roberts
    • Chief Commercial Officer, Lisa Marie Del Re, MPE, ATC, NASM-PES
    • Senior Vice President of Regulatory and Quality Affairs, Brian Hockett
    • Senior Design Engineer, Basil Tharu, M.S.

    In consideration for the acquired assets, SINTX issued $750,000 in common shares , priced at $3.465 per share which represents a 10% premium to the closing price of the Company’s common stock on Friday, June 20, 2025, along with 325,000 performance-based common stock purchase warrants. The common shares are subject to a six-month lock-up agreement and the Company has committed to file a resale registration statement with the Securities and Exchange Commission registering the resale of the common shares and the common shares issuable on exercise of the common stock purchase warrants. These warrants are exercisable over five years at a strike price of $6.30, and vest upon achieving specific regulatory and commercial milestones, including FDA clearance and revenue targets.

    SINTX will manufacture all devices under its FDA-registered and ISO-certified quality system and leverage existing FDA clearances and Master Files to streamline regulatory approvals.

    In addition, Dr. Bryan Scheer, Chairman and CEO of SiNAPTIC, will lead a newly formed Clinical Advisory Board to guide ongoing product development and surgeon engagement.

    “This acquisition reflects our shared belief in the transformative potential of silicon nitride ceramic-enhanced implants and the strength of our combined teams,” said Dr. Scheer. “Together, we can accelerate the development of disruptive products and deliver meaningful clinical value.”

    For more information, visit www.sintx.com.

    About SINTX Technologies, Inc.

    Located in Salt Lake City, Utah, SINTX Technologies is an advanced ceramics company that develops and commercializes materials, components, and technologies for medical and agribiotech applications. SINTX is a global leader in the research, development, and manufacturing of silicon nitride, and its products have been implanted in humans since 2008. Over the past several years, SINTX has utilized strategic acquisitions and alliances to enter new markets. For more information on SINTX Technologies or its materials platform, visit www.sintx.com.

    About SiNAPTIC

    From industry to medical, SiNAPTIC is dedicated to the development and on-demand manufacturing of additive manufactured technical ceramics to improve lives and inspire the world to see in new ways. With a focus on innovation and quality, we offer a wide range of ceramic materials, allowing us to accelerate various applications across multiple industries such as aerospace & defense, medical, semiconductors, transportation, electronics, industrial manufacturing, and more. SiNAPTIC is based outside of Denver, Colorado. We transform ideas into real possibilities with our additive manufacturing platforms. Contact us to learn more about our services and how our technologies are driving the industry forward. For additional information, please visit www.sinaptic.com

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (“PSLRA”) that are subject to a number of risks and uncertainties. Forward-looking statements can be identified by words such as: “anticipate,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will” and similar references to future periods.

    Readers are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date on which they are made and reflect management’s current estimates, projections, expectations and beliefs. Forward looking statements include our belief that the acquisition will successfully shift our focus from R&D to revenue generation and commercial scale and result in increased value for our shareholders and accelerate the development of disruptive products and deliver meaningful clinical value. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, difficulty in commercializing ceramic technologies and development of new product opportunities. A discussion of other risks and uncertainties that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements can be found in SINTX’s Risk Factors disclosure in its Annual Report on Form 10-K, filed with the SEC on March 19, 2025, and in SINTX’s other filings with the SEC. SINTX undertakes no obligation to publicly revise or update the forward-looking statements to reflect events or circumstances that arise after the date of this report, except as required by law.

    Business and Media Inquiries for SINTX:
    SINTX Technologies, Inc.
    801.839.3502
    IR@sintx.com

    The MIL Network –

  • MIL-OSI: ARK Demonstrates Robust June Momentum as Snail Games Celebrates 10-Year Anniversary and Prepares for Aquatica DLC Launch

    Source: GlobeNewswire (MIL-OSI)

    ARK: Survival Evolved sees over 3,000% sales lift in June

    Snail leverages box office and music partnerships to promote ARK: Aquatica

    CULVER CITY, Calif., June 24, 2025 (GLOBE NEWSWIRE) — Snail, Inc. (Nasdaq: SNAL) (“Snail Games” or the “Company”), a leading global independent developer and publisher of interactive digital entertainment, celebrates the ARK franchise’s 10-year anniversary with strong June 2025 sales momentum across ARK: Survival Evolved (“ASE”) and it launches targeted marketing strategy to drive engagement for the upcoming ARK: Aquatica DLC.

    Following the recent Snail Steam Publisher Sale, ARK: Survival Evolved saw a sharp resurgence in player engagement and sales, with over 3.8x total units sold and average daily sales increasing by 3,022% during Snail’s Steam Publisher Sale compared to prior months in 2025. Concurrent players peaked at 65,885, underscoring the franchise’s enduring global community engagement even a decade after its original debut. These results reflect not only the franchise’s lasting popularity and staying power, but also Snail Games’ ongoing commitment to sustaining player engagement through consistent content updates and releases.

    Snail Games co-CEO Tony Tian commented: “As we celebrate 10 years of ARK and set the stage for ARK: Aquatica’s release, we are embracing the intersection of gaming and entertainment to reach new fans wherever they are and drive long-term value for the franchise. The success of ASE continues to serve as a foundation for future growth, and with a highly engaged community and strong performance benchmarks, we expect ARK: Aquatica to capitalize on this momentum upon release.”

    As part of a larger marketing and media strategy, Snail Games broadcasted an ARK: Aquatica ad during the pre-show of How to Train Your Dragon live action remake, which opened to approximately $83.7 million at the domestic box office. This high-visibility media placement underscores Snail’s commitment to positioning ARK at the intersection of gaming and mainstream entertainment. Further reinforcing this vision, Snail also launched the official Steam page for “On My Way,” a standalone track created in collaboration with Luminati Suns for the ARK: Aquatica DLC. The song represents a continued push to expand the franchise into adjacent entertainment verticals and broaden audience engagement.

    In parallel with its efforts on ARK: Survival Evolved and its upcoming ARK: Aquatica DLC, Snail continues to expand the ARK universe. On mobile devices, ARK: Ultimate Mobile Edition introduced the Genesis Part 1 expansion, driving up first time downloads by 27.4% and DAU by 17.8% during launch week when compared to the week prior. Meanwhile, ARK: Survival Ascended added Ragnarok Ascended, resulting in ARK Survival Ascended’s highest Steam peak CCU and DAU in 2025. Lost Colony Expansion Pass, the first expansion map built exclusively for ARK: Survival Ascended and was also the number 1 pre-order on Playstation this weekend. These new and upcoming content launches further reinforce Snail’s commitment to ongoing franchise investment, platform-specific growth, and long-term player engagement across the ARK ecosystem.

    About Snail, Inc.
    Snail, Inc. (Nasdaq: SNAL) is a leading, global independent developer and publisher of interactive digital entertainment for consumers around the world, with a premier portfolio of premium games designed for use on a variety of platforms, including consoles, PCs, and mobile devices. For more information, please visit: https://snail.com/.

    Forward-Looking Statements
    This press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “may,” “predict,” “continue,” “estimate” and “potential,” or the negative of these terms or other similar expressions. Forward-looking statements appear in a number of places in this press release and include, but are not limited to, Snail’s commitment to positioning ARK at the intersection of gaming and mainstream entertainment and reaching new fans wherever they are located in order to drive long-term value for the Company’s intellectual property. You should carefully consider the risks and uncertainties described in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, which was filed by the Company with the SEC on March 26, 2025 and other documents filed by the Company from time to time with the SEC, including the Company’s Forms 10-Q filed with the SEC. The Company does not undertake or accept any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.

    Investor Contact:
    John Yi and Steven Shinmachi
    Gateway Group, Inc.
    949-574-3860
    SNAL@gateway-grp.com

    The MIL Network –

  • MIL-OSI: National MI Earns Trio of Great Place to Work Distinctions

    Source: GlobeNewswire (MIL-OSI)

    EMERYVILLE, Calif., June 24, 2025 (GLOBE NEWSWIRE) — National Mortgage Insurance Corporation (National MI), the primary operating subsidiary of NMI Holdings, Inc. (NASDAQ: NMIH), announced today it has received three prestigious company culture awards.

    National MI is proud to be recognized as a Great Place To Work® in 2025 and has also earned a “Decade of Great” distinction for garnering the honor ten consecutive years. Additionally, the company was ranked No. 22 among Fortune magazine’s Best Workplaces in the Bay Area.

    “We’re delighted to once again be recognized by Great Place to Work and even more proud to reach the ‘Decade of Great’ milestone based on the consistent feedback of our employees,” said Adam Pollitzer, President & CEO of National MI. “At National MI, we aim to lead with impact and a clear organizational mission, values and purpose. Our employees are the key to our ongoing success. We’re fortunate to have such a talented and dedicated team who have worked hard to establish a new standard of excellence in our industry and deliver innovative solutions for our customers and their borrowers.”

    This year, 96% of employees affirmatively recognized National MI as a Great Place To Work – 39 points higher than the average U.S. company. In the survey, National MI employees gave the company particularly high marks in the following areas, among others:

    • Excellent service delivered to customers
    • Welcoming environment for new employees
    • Encouragement to balance work and personal life
    • Celebrating people who try new and better ways of doing things

    This is National MI’s fourth appearance on the Fortune Best Workplaces in the Bay Area™ List. To reach No. 22, the company surpassed rigorous benchmarks. San Francisco Bay region honorees were rewarded based on their ability to deliver positive outcomes for employees regardless of role or status within the organization.

    “At National MI, we’re committed to ensuring that our employees have a significant role in shaping their workplace experience,” said Allison Miller, National MI’s Chief Human Resources Officer. “These honors reflect the hard work and dedication of our team and their confidence in National MI. We value this recognition, and are committed to maintaining a collaborative, positive culture as a foundation of our company success.”

    Great Place To Work® is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation.

    A summary of these ratings can be found on Great Place to Work’s website.

    About National MI

    National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc. (NASDAQ: NMIH), is a U.S.-based, private mortgage insurance company enabling low down payment borrowers to realize home ownership while protecting lenders and investors against losses related to a borrower’s default. To learn more, please visit www.nationalmi.com.

    Press Contact

    Lesley Alli
    Senior Vice President, Industry Relations and Corporate Communications
    media@nationalmi.com
    (510) 858-0568

    Investor Contact

    John M. Swenson
    Vice President, Investor Relations and Treasury
    investor.relations@nationalmi.com
    (510) 788-8417

    About the Fortune Best Workplaces in the Bay Area

    Great Place To Work selected the Fortune Best Workplaces in the Bay Area List by surveying 1.3 million employees in the U.S., representing companies that collectively employ more than 8.4 million U.S. workers. Of those responses, nearly 85,000 were received from employees at companies that were eligible for the 2025 Fortune Best Workplaces in the Bay Area List and these rankings are based on their feedback. Companies earn eligibility by being Great Place To Work Certified™, having at least 10 U.S. employees, and having headquarters in the Bay Area. Read the full methodology.

    About Great Place to Work Certification™

    Great Place To Work® Certification™ is the most definitive “employer-of-choice” recognition that companies aspire to achieve. It is the only recognition based entirely on what employees report about their workplace experience – specifically, how consistently they experience a high-trust workplace. Great Place to Work Certification is recognized worldwide by employees and employers alike and is the global benchmark for identifying and recognizing outstanding employee experience. Every year, more than 10,000 companies across 60 countries apply to get Great Place To Work-Certified.

    About Great Place To Work

    As the global authority on workplace culture, Great Place To Work brings more than three decades of groundbreaking research and data to help every place become a great place to work for all. Its proprietary platform and Great Place To Work Model™ help companies evaluate the experience of every employee, with exemplary workplaces becoming Great Place To Work Certified and receiving recognition on its coveted Best Workplaces™ lists.

    Learn more at greatplacetowork.com and follow Great Place To Work on LinkedIn, Twitter, Facebook and Instagram.

    The MIL Network –

  • MIL-OSI: Syncfusion® Partners with Devessence to Sponsor and Co-Host the 2025 TrailBlazor Conference

    Source: GlobeNewswire (MIL-OSI)

    RESEARCH TRIANGLE PARK, N.C., June 24, 2025 (GLOBE NEWSWIRE) — Syncfusion®, Inc., the enterprise technology provider of choice, today announced it will sponsor and co-host the 2025 TrailBlazor Conference with longtime partner Devessence. The free, virtual event streams live on Thursday, June 26, and brings together the global .NET community to explore the latest developments in Blazor, .NET MAUI, and Oqtane.

    “TrailBlazor celebrates everything we love about the .NET ecosystem: open-source collaboration, community-driven learning, and practical tools that help developers get features into their users’ hands faster,” said Daniel Jebaraj, CEO of Syncfusion. “Partnering with Devessence allows us to connect developers with leading experts and highlight innovations like our open-source Syncfusion Toolkit for .NET MAUI—resources that empower developers at every stage of their journey.”

    Now in its fifth year, TrailBlazor features keynotes and deep-dive sessions led by Microsoft engineers, .NET MVPs, and Syncfusion experts. The event also features live demonstrations of tools and techniques, including the open-source Syncfusion Toolkit for .NET MAUI and 1,900+ ready-made Syncfusion UI components. Interactive networking will be available via live chat and sponsor lounges.

    Syncfusion Senior Product Manager Shriram Sankaran will open the conference with “Turn Data into Charts with AI & the Syncfusion Toolkit for .NET MAUI” from 8–9 a.m. EDT.

    Registration is available at trailblazor.net, where attendees can view the full schedule and speaker biographies. For details on the extensive suite of Syncfusion developer tools, visit syncfusion.com.

    About Syncfusion, Inc.
    Headquartered in the technology hub of Research Triangle Park, N.C., Syncfusion, Inc.® delivers an award-winning ecosystem of developer control suites, embeddable BI platforms, and business software. Syncfusion was founded in 2001 with a single software component and a mission to support businesses of all sizes—from individual developers and start-ups to Fortune 500 enterprises. Though its pilot product, the Essential Studio® suite, has grown to over 1,900 developer controls, its mission remains the same. With offices in the U.S., India, and Kenya, Syncfusion prioritizes the customer experience by providing feature-rich solutions to help developers and enterprises solve complex problems, save money, and build high-performance, robust applications.

    Contact: Brittany Kearns
    Phone: 571-271-7211
    Email: brittany@crossroadsb2b.com 

    The MIL Network –

  • MIL-OSI: ZRCN Inc. to Present at the Small Cap Growth Virtual Investor Conference June 26th

    Source: GlobeNewswire (MIL-OSI)

    CAMBELL, Calif., June 24, 2025 (GLOBE NEWSWIRE) — ZRCN Inc., the parent company of Zircon Corporation, (OTCQX: ZRCN), a Campbell, California-based innovator of electronic hand tools and smart devices, today announced that CEO John Stauss will present live at the Small Cap Growth Virtual Investor Conference hosted by VirtualInvestorConferences.com, on June 26th, 2025.

    DATE: June 26th, 2025
    TIME: 11:30 AM ET
    LINK: REGISTER HERE

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

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

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

    Recent Company Highlights

    • New advanced technology products for enterprise and home expected 2025
    • Resilient manufacturing & exceptional fulfillment rates

    About ZRCN Inc.
    ZRCN Inc., through its wholly-owned subsidiary Zircon Corporation, is a global manufacturer and seller of electronic hand tools, including stud finders, metal detectors, electrical scanners, water detectors, and more. Zircon has been a technology leader in its field since its inception, leveraging over 80 global patents and registered designs based on sensor and semiconductor-based technologies. In 2025, the company celebrates its 50th anniversary, marking a legacy of industry innovation and a commitment to quality for customers worldwide. To learn more, visit investors.zrcn.com or zircon.com.

    About Zircon Corporation
    Zircon Corporation, a wholly-owned subsidiary of ZRCN Inc., is a global manufacturer and seller of electronic hand tools, including stud finders, metal detectors, electrical scanners, water detectors, and more. Zircon has been a leader in its field since its inception, leveraging over 80 global patents and registered designs based on sensor and semiconductor-based technologies. In 2025, the company celebrates its 50th anniversary, marking a legacy of industry innovation and a commitment to quality for customers worldwide. To learn more, visit zircon.com.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:
    Zircon
    Jennifer Lim
    Investor Relations
    (800) 245-9265
    Investors@zircon.com

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    The MIL Network –

  • MIL-OSI: Small Cap Virtual Investor Conference Agenda Announced for June 26th

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 24, 2025 (GLOBE NEWSWIRE) — Virtual Investor Conferences, the leading proprietary investor conference series, announced the agenda for the Small Cap Virtual Investor Conference June 26th.

    Individual investors, institutional investors, advisors, and analysts are invited to attend.

    REGISTER HERE

    It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. There is no cost to log-in, attend live presentations, or schedule 1×1 meetings with management.

    “We’re excited to host the Small Cap Growth Virtual Investor Conference on June 26th, bringing together a dynamic mix of global companies across the OTC Markets and major exchanges that are driving innovation and growth in the small cap space,” said Jason Paltrowitz, Executive Vice President at OTC Markets Group. “This event offers investors a unique opportunity to engage directly with management teams, gain firsthand insights into their evolving strategies, and participate in meaningful dialogue. Many thanks to the participating companies.”

    June 26th

    To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com.

    About Virtual Investor Conferences®

    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    Media Contact: 
    OTC Markets Group Inc. +1 (212) 896-4428, media@otcmarkets.com

    Virtual Investor Conferences Contact:
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    The MIL Network –

  • MIL-OSI: Argo Corporation to Present at the Small Cap Growth Virtual Investor Conference June 26th

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 24, 2025 (GLOBE NEWSWIRE) — Argo Corporation (OTCQX:ARGHF) (TSXV:ARGH) (“Argo” or the “Company“), today announced that Praveen Arichandran, CEO, will present live at the Small Cap Growth Virtual Investor Conference hosted by VirtualInvestorConferences.com, on June 26, 2025.

    DATE: June 26th
    TIME: 3:30 p.m. EDT
    LINK: REGISTER HERE
    Available for 1×1 meetings: June 30th after 1 p.m. EDT

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

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

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

    Recent Company Highlights:

    • Doubled ridership in initial Bradford West Gwillimbury deployment (April 2025), demonstrating rapid adoption and effectiveness of Argo’s vertically integrated transit system—the first of its kind combining hardware, software, and operations, powered by Argo’s on-demand Smart Routing™ solution
    • Named to Fast Company’s 2025 World Changing Ideas List, recognized globally for Argo’s innovative Smart Routing™ transit platform, addressing urban mobility challenges by improving accessibility, equity, and sustainability in public transit 
    • Secured $10.9 million 12-month pilot partnership with Brampton (April 2025), bringing Argo’s fully electric Smart Routing™ system to one of Canada’s fastest-growing cities, complementing existing transit networks and significantly enhancing mobility, sustainability, and community connectivity 

    About Argo
    Founded in June 2024, Argo delivers the world’s first fully vertically integrated transit system, combining proprietary Argo X1 electric vehicles, Smart Routing™ technology, and comprehensive operational management in a single end-to-end solution. By integrating every aspect of the transit experience, Argo enables municipalities to transition from traditional fixed-route services to dynamically optimized on-demand service with substantially better efficiency, coverage, and rider satisfaction, all while maintaining standard public transit pricing. The company launched Argo School in September 2024 and began its first municipal deployment in Bradford West Gwillimbury in early 2025. Learn more at www.rideargo.com.

    Praveen Arichandran, CEO
    Argo Corporation
    (800) 575-7051

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    Forward-Looking Information
    This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, as described in more detail in the Company’s securities filings available at www.sedarplus.ca. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

    Media Contacts:

    Argo Corporation
    Christina Ra
    Argo Corporation
    christina@rideargo.com
    (800) 575-7051

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com 

    The MIL Network –

  • MIL-OSI: Sono Group N.V. to Present at the Small Cap Growth Virtual Investor Conference June 26th

    Source: GlobeNewswire (MIL-OSI)

    MUNICH, June 24, 2025 (GLOBE NEWSWIRE) — The solar technology company Sono Group N.V. (OTCQB: SEVCF) (hereafter referred to as “Sono Group” or “Sono”, parent company to Sono Motors GmbH or “Sono Motors”) today announced that George O’Leary, Managing Director and CEO, will present live at the Small Cap Growth Virtual Investor Conference hosted by VirtualInvestorConferences.com, on June 26th, 2025

    DATE: June 26th
    TIME: 2:30 – 3:00 pm ET
    LINK: REGISTER HERE
    Available for 1×1 meetings: June 26th

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

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

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

    Recent Company Highlights

    • First national type certification in Germany for solar bus kits — streamlining fleet adoption across Europe
    • Strategic partnership: collaboration with Merlin Solar Technologies for mutual distribution — expanding reach in North and South America and partnering with them in the EU
    • Financial turnaround: €65M profit in FY 2024 (from reconsolidation), and €8.8M profit in Q1 2025 (Fair value of Existing Debt)
    • Lean operations continue, with ongoing installations now generating revenue
    • Actively progressing toward uplisting to a national exchange (NASDAQ or NYSE American) to improve liquidity and visibility
    • Expansion of commercial partnerships and product offerings. Upon Uplisting, exploring M&A to drive scale and shareholder value.

    About Sono Group N.V.
    Sono Group N.V. (OTCQB: SEVCF) and its wholly owned subsidiary Sono Motors GmbH are on a pioneering mission to accelerate the revolution of mobility by making every commercial vehicle solar. Our disruptive solar technology has been developed to enable seamless integration into all types of commercial vehicles to reduce the impact of CO2 emissions and pave the way for climate-friendly mobility. For more information about Sono Group N.V., Sono Motors, and their solar solutions, visit sonogroupnv.com and sonomotors.com. Follow us on social media: LinkedIn, Facebook, BlueSky, Truth Social, and X.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:
    Sono Group N.V.
    Press:
    press@sonomotors.com | ir.sonomotors.com/news-events
    Investors:
    ir@sonomotors.com | ir.sonomotors.com
    LinkedIn:
    https://www.linkedin.com/company/sonogroupnv

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    FORWARD-LOOKING STATEMENTS
    This press release may contain forward-looking statements. The words “expect”, “anticipate”, “intend”, “plan”, “estimate”, “aim”, “forecast”, “project”, “target”, “will” and similar expressions (or their negative) identify certain of these forward-looking statements. These forward-looking statements are statements regarding the intentions, beliefs, or current expectations of the Company and its subsidiary Sono Motors GmbH (together, the “companies”). Forward-looking statements involve inherent known and unknown risks, uncertainties and contingencies because they relate to events and depend on circumstances that may or may not occur in the future and could cause the companies’ actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and assumptions include, but are not limited to, risks, uncertainties and assumptions with respect to: the Company’s ability to uplist to the Nasdaq Capital Market, including meeting the initial listing requirements; the Company’s ability to satisfy the conditions precedent set forth in its recent securities purchase agreement (“Securities Purchase Agreement”) and exchange agreement (“Exchange Agreement”) entered into with YA II PN, Ltd. (“Yorkville”); the timing of closing the transactions contemplated by the Securities Purchase Agreement and the Exchange Agreement; the impact of the transactions contemplated by the Exchange Agreement and Securities Purchase Agreement on the Company’s operating results; our ability to maintain relationships with creditors, suppliers, service providers, customers, employees and other third parties in light of the performance and credit risks associated with our constrained liquidity position and capital structure; our ability to comply with OTCQB continuing standards; our ability to achieve our stated goals; our strategies, plan, objectives and goals, including, among others, the successful implementation and management of the pivot of our business to exclusively retrofitting and integrating our solar technology onto third party vehicles; our ability to raise the additional funding required beyond the investment from Yorkville to further develop and commercialize our solar technology and business as well as to continue as a going concern. For additional information concerning some of the risks, uncertainties and assumptions that could affect our forward-looking statements, please refer to our filings with the U.S. Securities and Exchange Commission (“SEC”), including our Annual Report on Form 20-F for the year ended December 31, 2023, which are accessible on the SEC’s website at www.sec.gov and on our website at ir.sonomotors.com. Many of these risks and uncertainties relate to factors that are beyond our ability to control or estimate precisely, such as the actions of courts, regulatory authorities and other factors. Readers should therefore not place undue reliance on these statements, particularly not in connection with any contract or investment decision. Except as required by law, the Company assumes no obligation to update any such forward-looking statements.

    The MIL Network –

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

    Source: GlobeNewswire (MIL-OSI)

    ANDOVER, Mass., June 24, 2025 (GLOBE NEWSWIRE) — Byrna Technologies Inc. (“Byrna” or the “Company”) (Nasdaq: BYRN), a personal defense technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, will hold a conference call on Thursday, July 10, 2025 at 9:00 a.m. Eastern time to discuss its financial results for the fiscal second quarter ended May 31, 2025. Financial results will be issued in a press release prior to the call.

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

    Date: Thursday, July 10, 2025
    Time: 9:00 a.m. Eastern time
    Toll-Free Dial-In: 877-709-8150
    International Dial-In: +1 201-689-8354
    Conference ID: 13754369

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

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

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

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

    The MIL Network –

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

    Source: GlobeNewswire (MIL-OSI)

    ANDOVER, Mass., June 24, 2025 (GLOBE NEWSWIRE) — Byrna Technologies Inc. (“Byrna” or the “Company”) (Nasdaq: BYRN), a personal defense technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, will hold a conference call on Thursday, July 10, 2025 at 9:00 a.m. Eastern time to discuss its financial results for the fiscal second quarter ended May 31, 2025. Financial results will be issued in a press release prior to the call.

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

    Date: Thursday, July 10, 2025
    Time: 9:00 a.m. Eastern time
    Toll-Free Dial-In: 877-709-8150
    International Dial-In: +1 201-689-8354
    Conference ID: 13754369

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

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

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

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

    The MIL Network –

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

    Source: GlobeNewswire (MIL-OSI)

    ANDOVER, Mass., June 24, 2025 (GLOBE NEWSWIRE) — Byrna Technologies Inc. (“Byrna” or the “Company”) (Nasdaq: BYRN), a personal defense technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, will hold a conference call on Thursday, July 10, 2025 at 9:00 a.m. Eastern time to discuss its financial results for the fiscal second quarter ended May 31, 2025. Financial results will be issued in a press release prior to the call.

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

    Date: Thursday, July 10, 2025
    Time: 9:00 a.m. Eastern time
    Toll-Free Dial-In: 877-709-8150
    International Dial-In: +1 201-689-8354
    Conference ID: 13754369

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

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

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

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

    The MIL Network –

  • MIL-OSI: ClearScale Appoints Matt Stoyka as CEO, Names Jimmy Chui Chief Client Officer

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, June 24, 2025 (GLOBE NEWSWIRE) — ClearScale, a leader in cloud modernization and an Amazon Web Services (AWS) Premier Tier Services Partner, today announced a leadership transition designed to accelerate growth and deepen client relationships. Matt Stoyka joins ClearScale as Chief Executive Officer, bringing deep experience driving transformative growth at technology services companies. Jimmy Chui, ClearScale’s current CEO, transitions into the newly created role of Chief Client Officer.

    As a two-time CEO, Matt was instrumental in forming, establishing and growing NewRocket, the leading pureplay ServiceNow partner. He also served as Founder and CEO at RelationEdge, a platinum Salesforce partner, before their acquisition by Rackspace, where he went on to lead global solutions and partnerships within an expanding technology ecosystem. Matt has a deep understanding of cloud services, system integrator (SI) ecosystems, and marketplaces, and he has a proven ability to lead companies through critical periods of growth. Stoyka’s leadership philosophy is all about putting clients first and building strong, trusted partnerships across the entire business. This approach has given him a stellar track record of building and leading innovative services organizations that consistently deliver sustainable growth.

    “ClearScale’s Board is thrilled to welcome Matt to the company,” said Daniel Gedney, Partner and Co-Founder of Cohere Capital, ClearScale’s private equity investor and partner. “His extensive experience and proven track record will further enhance and accelerate ClearScale’s momentum as a transformative force in modernization and strengthen our reputation as the go-to AWS Premier Tier Services Partner for clients seeking true business impact.”

    Gedney added: “Jimmy has been an exceptional leader for ClearScale, not only driving a strong client focus and product innovation, but also instrumental in establishing ClearScale’s unique strategic value. We are excited for him to take on the role of Chief Client Officer. In this pivotal position, he will continue to deepen his direct engagement with clients, empowering them to thrive in a rapidly changing environment by leveraging technology to create comprehensive, long-term, and measurable business value across all facets of their organization.”

    “ClearScale is a special company and leading the team has been an honor,” Chui said. “I’m very proud of what we have accomplished together. I can’t imagine a better and more capable leader than Matt to take the company forward.”

    Stoyka said: “ClearScale is dedicated to deploying innovative technology that accelerates business modernization and strategic value for companies leveraging AWS. I’m excited to build upon the team’s excellent work as a trusted advisor to clients during this era of digital transformation. Jimmy has created a foundation of immensely talented colleagues and vast potential, which will propel the company’s bright future. It’s a privilege to continue ClearScale’s proud legacy as a valued strategic advisor to clients and a trusted AWS Premier Tier Services Partner. I look forward to meeting with our clients and many partners in the coming weeks to define our path for accelerated growth!”

    About ClearScale:

    ClearScale, an all-in AWS Premier Tier Services Partner, delivers award-winning experience and expertise across AWS industries and competencies, empowering business leaders to create clear business value at speed and scale. Our core service areas include AWS Migration & Modernization, Cloud-Native Application Development, Infrastructure & DevOps Modernization, Data Modernization & Analytics, Application Modernization, Artificial Intelligence & MLOps, and Generative AI.

    About Cohere Capital

    Cohere Capital is a Boston-based private equity firm focused exclusively on lower middle market growth companies. Cohere Capital has a flexible mandate across growth markets, but primarily targets recapitalizations and growth investments in rapidly growing technology-enabled services companies. For more information, visit www.coherecapital.com.

    Contact:
    Kevin Wolf
    kevin@tgprllc.com

    The MIL Network –

  • MIL-OSI: ClearScale Appoints Matt Stoyka as CEO, Names Jimmy Chui Chief Client Officer

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, June 24, 2025 (GLOBE NEWSWIRE) — ClearScale, a leader in cloud modernization and an Amazon Web Services (AWS) Premier Tier Services Partner, today announced a leadership transition designed to accelerate growth and deepen client relationships. Matt Stoyka joins ClearScale as Chief Executive Officer, bringing deep experience driving transformative growth at technology services companies. Jimmy Chui, ClearScale’s current CEO, transitions into the newly created role of Chief Client Officer.

    As a two-time CEO, Matt was instrumental in forming, establishing and growing NewRocket, the leading pureplay ServiceNow partner. He also served as Founder and CEO at RelationEdge, a platinum Salesforce partner, before their acquisition by Rackspace, where he went on to lead global solutions and partnerships within an expanding technology ecosystem. Matt has a deep understanding of cloud services, system integrator (SI) ecosystems, and marketplaces, and he has a proven ability to lead companies through critical periods of growth. Stoyka’s leadership philosophy is all about putting clients first and building strong, trusted partnerships across the entire business. This approach has given him a stellar track record of building and leading innovative services organizations that consistently deliver sustainable growth.

    “ClearScale’s Board is thrilled to welcome Matt to the company,” said Daniel Gedney, Partner and Co-Founder of Cohere Capital, ClearScale’s private equity investor and partner. “His extensive experience and proven track record will further enhance and accelerate ClearScale’s momentum as a transformative force in modernization and strengthen our reputation as the go-to AWS Premier Tier Services Partner for clients seeking true business impact.”

    Gedney added: “Jimmy has been an exceptional leader for ClearScale, not only driving a strong client focus and product innovation, but also instrumental in establishing ClearScale’s unique strategic value. We are excited for him to take on the role of Chief Client Officer. In this pivotal position, he will continue to deepen his direct engagement with clients, empowering them to thrive in a rapidly changing environment by leveraging technology to create comprehensive, long-term, and measurable business value across all facets of their organization.”

    “ClearScale is a special company and leading the team has been an honor,” Chui said. “I’m very proud of what we have accomplished together. I can’t imagine a better and more capable leader than Matt to take the company forward.”

    Stoyka said: “ClearScale is dedicated to deploying innovative technology that accelerates business modernization and strategic value for companies leveraging AWS. I’m excited to build upon the team’s excellent work as a trusted advisor to clients during this era of digital transformation. Jimmy has created a foundation of immensely talented colleagues and vast potential, which will propel the company’s bright future. It’s a privilege to continue ClearScale’s proud legacy as a valued strategic advisor to clients and a trusted AWS Premier Tier Services Partner. I look forward to meeting with our clients and many partners in the coming weeks to define our path for accelerated growth!”

    About ClearScale:

    ClearScale, an all-in AWS Premier Tier Services Partner, delivers award-winning experience and expertise across AWS industries and competencies, empowering business leaders to create clear business value at speed and scale. Our core service areas include AWS Migration & Modernization, Cloud-Native Application Development, Infrastructure & DevOps Modernization, Data Modernization & Analytics, Application Modernization, Artificial Intelligence & MLOps, and Generative AI.

    About Cohere Capital

    Cohere Capital is a Boston-based private equity firm focused exclusively on lower middle market growth companies. Cohere Capital has a flexible mandate across growth markets, but primarily targets recapitalizations and growth investments in rapidly growing technology-enabled services companies. For more information, visit www.coherecapital.com.

    Contact:
    Kevin Wolf
    kevin@tgprllc.com

    The MIL Network –

  • MIL-OSI: Brightpick Launches Autopicker 2.0, the First Multi-Purpose Warehouse Robot to Match Human-Level Performance

    Source: GlobeNewswire (MIL-OSI)

    ERLANGER, Ky., June 24, 2025 (GLOBE NEWSWIRE) — Brightpick, a leader in AI-powered robotic solutions for warehouses, has unveiled Autopicker 2.0, the most advanced version of its flagship multi-purpose AI robot. Featuring the company’s next-generation Intuition software, now including Physical AI and picking-in-motion, and a completely redesigned hardware platform, Autopicker 2.0 delivers on average 70-80 picks per hour, matching the productivity of a typical warehouse associate – while offering greater reliability and 24/7 operation.

    The new Autopicker is the result of five years of integrated hardware and software development, enhanced by Brightpick’s latest advancements in robotic AI technology. Compared to the first-generation model, the new Autopicker boosts throughput by 50% per robot – thanks to 40% faster picking and 20% increase in travel speed.

    “Autopicker 2.0 is the first robot to deliver both human-level speed and versatility in real production environments,” said Jan Zizka, co-founder and CEO of Brightpick. “Its unique form factor gives it additional advantages, including higher vertical reach, faster navigation, and longer battery life. Through our RaaS model, customers can deploy it for as little as $1,900 per month – making advanced automation more accessible than ever.”

    Designed for human-like versatility

    Autopicker is a multi-purpose mobile manipulator that automates a wide range of warehouse workflows, seamlessly moving between tasks and workstations. While it doesn’t resemble a human, it performs like one. Each robot is equipped with “eyes” (3D vision and LiDAR), “legs” (a mobile base), “hands” (a robotic arm) with a “sense of touch” (advanced force and suction sensors), and a “brain” (Intuition with Physical AI) to perform complex tasks with human-like precision.

    In addition to AI-powered robotic order picking, Autopicker supports Goods-to-Person picking for heavy or bulky items; assisted pallet picking for fast-moving SKUs; order buffering and sortation; and stock replenishment. When paired with Brightpick’s new Giraffe robot, Autopicker can store and retrieve items from heights of up to 20 feet (6 meters).

    Hundreds of Brightpick robots are operating in warehouses worldwide, with every robot orchestrated by Brightpick Intuition, the company’s intelligent fleet orchestration software.

    Next-gen AI, software, and hardware

    At the heart of Autopicker 2.0 is Intuition, Brightpick’s award-winning AI software that empowers each robot to see, think, and act with human-like responsiveness and adaptability. Intuition continuously evaluates what’s happening across the warehouse and directs each robot to its next task. Embedded within Intuition is Physical AI, a suite of proprietary AI models that enable Autopicker to understand and adapt to its surroundings with human-like judgment. For every action – whether it’s picking, navigating, or interacting with other robots or the environment – Intuition dynamically selects the optimal AI model to maximize speed and throughput.

    Autopicker 2.0 also features a new breakthrough capability called Picking-in-Motion. Instead of remaining stationary while picking an item, Autopicker begins traveling toward its next destination immediately after retrieving a storage tote – completing the pick while on the move. It then drops off the first storage tote at an empty slot near the next pick location before collecting the next tote. This nearly continuous movement significantly reduces cycle time per pick – on average by 15-20 seconds.

    As an added benefit, Picking-in-Motion software is also backward-compatible with existing Autopicker 1.0 systems already in service.

    The latest Autopicker robot is built on an all-new hardware platform that is 40% more compact and 20% faster in travel and tote-loading speeds. Autopicker’s robotic arm is equipped with tactile sensors that detect pressure and weight, allowing it to handle items with human-like dexterity. In addition, its battery capacity is now doubled, allowing for up to 12 hours of continuous operation on a single charge.

    Available for hire via RaaS

    Brightpick offers Autopicker 2.0 through a flexible Robots-as-a-Service (RaaS) model, minimizing upfront capital investment and enabling immediate cost savings and ROI for users. Pricing starts at US$1,900 per robot per month in the U.S. for a minimum three-year commitment, with additional discounts for longer-term agreements. Autopicker 2.0 is also available through a traditional CapEx purchase model.

    Several customers have already placed orders for Autopicker 2.0, with the first installations scheduled for Q3 2025.

    About Brightpick
    Brightpick is a leader in AI-powered robotic solutions for warehouses. The company’s multi-purpose AI robots enable warehouses of any size to fully automate order picking, buffering, consolidation, dispatch, and stock replenishment. The award-winning Brightpick solution takes just weeks to deploy and allows companies to keep their warehouse labor to a minimum. Headquartered near Cincinnati, Ohio, Brightpick has more than 250 employees and hundreds of AI robots deployed with customers across the U.S. and Europe. For more information, visit www.brightpick.ai.

    Media contact:
    Sinead Carthy
    Trevi Communications for Brightpick
    Email: brightpick@trevicomm.com
    Mobile: +1 914 217 9912

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4d8d0dbc-63e5-455a-aaaa-b7873e5d5bfd

    https://www.globenewswire.com/NewsRoom/AttachmentNg/eefedba4-8909-45f7-ab41-5e2fde8aaafc

    A video accompanying this announcement is available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9f3724a4-7494-4df5-8cce-50ad9c564723

    The MIL Network –

  • MIL-OSI: Brightpick Launches Autopicker 2.0, the First Multi-Purpose Warehouse Robot to Match Human-Level Performance

    Source: GlobeNewswire (MIL-OSI)

    ERLANGER, Ky., June 24, 2025 (GLOBE NEWSWIRE) — Brightpick, a leader in AI-powered robotic solutions for warehouses, has unveiled Autopicker 2.0, the most advanced version of its flagship multi-purpose AI robot. Featuring the company’s next-generation Intuition software, now including Physical AI and picking-in-motion, and a completely redesigned hardware platform, Autopicker 2.0 delivers on average 70-80 picks per hour, matching the productivity of a typical warehouse associate – while offering greater reliability and 24/7 operation.

    The new Autopicker is the result of five years of integrated hardware and software development, enhanced by Brightpick’s latest advancements in robotic AI technology. Compared to the first-generation model, the new Autopicker boosts throughput by 50% per robot – thanks to 40% faster picking and 20% increase in travel speed.

    “Autopicker 2.0 is the first robot to deliver both human-level speed and versatility in real production environments,” said Jan Zizka, co-founder and CEO of Brightpick. “Its unique form factor gives it additional advantages, including higher vertical reach, faster navigation, and longer battery life. Through our RaaS model, customers can deploy it for as little as $1,900 per month – making advanced automation more accessible than ever.”

    Designed for human-like versatility

    Autopicker is a multi-purpose mobile manipulator that automates a wide range of warehouse workflows, seamlessly moving between tasks and workstations. While it doesn’t resemble a human, it performs like one. Each robot is equipped with “eyes” (3D vision and LiDAR), “legs” (a mobile base), “hands” (a robotic arm) with a “sense of touch” (advanced force and suction sensors), and a “brain” (Intuition with Physical AI) to perform complex tasks with human-like precision.

    In addition to AI-powered robotic order picking, Autopicker supports Goods-to-Person picking for heavy or bulky items; assisted pallet picking for fast-moving SKUs; order buffering and sortation; and stock replenishment. When paired with Brightpick’s new Giraffe robot, Autopicker can store and retrieve items from heights of up to 20 feet (6 meters).

    Hundreds of Brightpick robots are operating in warehouses worldwide, with every robot orchestrated by Brightpick Intuition, the company’s intelligent fleet orchestration software.

    Next-gen AI, software, and hardware

    At the heart of Autopicker 2.0 is Intuition, Brightpick’s award-winning AI software that empowers each robot to see, think, and act with human-like responsiveness and adaptability. Intuition continuously evaluates what’s happening across the warehouse and directs each robot to its next task. Embedded within Intuition is Physical AI, a suite of proprietary AI models that enable Autopicker to understand and adapt to its surroundings with human-like judgment. For every action – whether it’s picking, navigating, or interacting with other robots or the environment – Intuition dynamically selects the optimal AI model to maximize speed and throughput.

    Autopicker 2.0 also features a new breakthrough capability called Picking-in-Motion. Instead of remaining stationary while picking an item, Autopicker begins traveling toward its next destination immediately after retrieving a storage tote – completing the pick while on the move. It then drops off the first storage tote at an empty slot near the next pick location before collecting the next tote. This nearly continuous movement significantly reduces cycle time per pick – on average by 15-20 seconds.

    As an added benefit, Picking-in-Motion software is also backward-compatible with existing Autopicker 1.0 systems already in service.

    The latest Autopicker robot is built on an all-new hardware platform that is 40% more compact and 20% faster in travel and tote-loading speeds. Autopicker’s robotic arm is equipped with tactile sensors that detect pressure and weight, allowing it to handle items with human-like dexterity. In addition, its battery capacity is now doubled, allowing for up to 12 hours of continuous operation on a single charge.

    Available for hire via RaaS

    Brightpick offers Autopicker 2.0 through a flexible Robots-as-a-Service (RaaS) model, minimizing upfront capital investment and enabling immediate cost savings and ROI for users. Pricing starts at US$1,900 per robot per month in the U.S. for a minimum three-year commitment, with additional discounts for longer-term agreements. Autopicker 2.0 is also available through a traditional CapEx purchase model.

    Several customers have already placed orders for Autopicker 2.0, with the first installations scheduled for Q3 2025.

    About Brightpick
    Brightpick is a leader in AI-powered robotic solutions for warehouses. The company’s multi-purpose AI robots enable warehouses of any size to fully automate order picking, buffering, consolidation, dispatch, and stock replenishment. The award-winning Brightpick solution takes just weeks to deploy and allows companies to keep their warehouse labor to a minimum. Headquartered near Cincinnati, Ohio, Brightpick has more than 250 employees and hundreds of AI robots deployed with customers across the U.S. and Europe. For more information, visit www.brightpick.ai.

    Media contact:
    Sinead Carthy
    Trevi Communications for Brightpick
    Email: brightpick@trevicomm.com
    Mobile: +1 914 217 9912

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4d8d0dbc-63e5-455a-aaaa-b7873e5d5bfd

    https://www.globenewswire.com/NewsRoom/AttachmentNg/eefedba4-8909-45f7-ab41-5e2fde8aaafc

    A video accompanying this announcement is available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9f3724a4-7494-4df5-8cce-50ad9c564723

    The MIL Network –

  • MIL-OSI: SIOS Technology Announces Strategic Partnership with FCS InfoTech to Deliver High Availability and Disaster Recovery Solutions Across India and the GCC Region

    Source: GlobeNewswire (MIL-OSI)

    SAN MATEO, Calif., June 24, 2025 (GLOBE NEWSWIRE) — SIOS Technology Corp., a leading provider of application high availability (HA) and disaster recovery (DR) solutions, today announced a strategic partnership with FCS InfoTech, a rapidly growing IT solutions and services company based in India. The alliance is designed to empower enterprises across India and the GCC region, including Oman, with robust, cost-effective high availability and disaster recovery capabilities for critical applications.

    “Our partnership with FCS InfoTech expands our footprint in a region where resiliency and uptime are essential to digital success,” said Masahiro Arai, Chief Operating Officer, SIOS Technology. “FCS brings deep regional knowledge and a strong track record in enterprise IT services, making them a trusted partner to deliver SIOS HA and DR solutions to businesses with mission-critical needs.”

    With an extensive customer base and proven expertise in implementing enterprise IT solutions, FCS InfoTech will serve as a key channel and implementation partner for SIOS LifeKeeper and SIOS DataKeeper. These technologies provide seamless HA and DR protection for SAP, Oracle, SQL Server, and other critical workloads across cloud, hybrid, and on-premises environments.

    “In today’s digital era, organizations are placing increased emphasis on IT resilience and uninterrupted service,” said Mr Vishal Upasham, CTO, FCS InfoTech.

    The SIOS HA/DR software enables enterprises to:

    • Protect critical applications with proven clustering and replication technologies
    • Avoid unnecessary investments in costly SAN hardware or expensive application editions
    • Achieve SLAs for uptime and disaster recovery with minimal operational complexity
    • Benefit from local support and implementation from FCS’s certified experts

    Together, SIOS Technology and FCS InfoTech are uniquely positioned to serve the growing demand for IT resiliency in a wide range of industries including finance, manufacturing, government, and energy across India and the Gulf Cooperation Council region.

    About SIOS Technology Corp.
    SIOS Technology Corp. high availability and disaster recovery solutions ensure availability and eliminate data loss for critical Windows and Linux applications operating across physical, virtual, cloud, and hybrid cloud environments. SIOS clustering software is essential for any IT infrastructure with applications requiring a high degree of resiliency, ensuring uptime without sacrificing performance or data, protecting businesses from local failures and regional outages, planned and unplanned. Founded in 1999, SIOS Technology Corp. (https://us.sios.com) is headquartered in San Mateo, California, with offices worldwide.

    SIOS, SIOS Technology, SIOS DataKeeper, SIOS LifeKeeper, and associated logos are registered trademarks or trademarks of SIOS Technology Corp. and/or its affiliates in the United States and/or other countries. All other trademarks are the property of their respective owners.

    About FCS InfoTech

    FCS InfoTech is a leading IT infrastructure and services provider running for a decade with a strong presence in India and the GCC region by Mr. Amir Farooqui, CEO and Hammad Khan, CIO. Known for its strategic, innovative, and customer-driven approach, FCS InfoTech offers a broad portfolio of services across:

    • Digital Transformation
    • Cloud Computing & Migration
    • Cyber Resiliency & Security
    • Enterprise IT Managed Services

    FCS InfoTech partners with public sector organizations, SMEs, companies to drive operational excellence, modernize legacy systems, and align IT infrastructure with long-term business goals.

    Media Contact:

    Beth Winkowski
    Winkowski Public Relations, LLC for SIOS
    978-649-7189
    bethwinkowski@US.SIOS.com 

    The MIL Network –

  • MIL-OSI: Following the Resumption of Federal Collection Activities in May, Nearly One in Three Federal Student Loan Borrowers Find Themselves at Risk for Default

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, June 24, 2025 (GLOBE NEWSWIRE) — Less than two months since the U.S. Department of Education resumed collections activities among defaulted federal student loan borrowers, new research from TransUnion (NYSE: TRU) reveals that the number of consumers delinquent on student loans and at risk for entering default continues to climb. The analysis will be featured in a new TransUnion webinar titled Market Update: Student Loan Repayment Impacts on June 26th.

    The updated analysis found that as of April 2025, the latest month for which data are available, 31.0% of federal student loan borrowers with a payment due are 90 days or more past due (90+ DPD) as reported by their servicer.1 This represents a sharp increase over the February 2025 figure of 20.5% reported as part of a previous TransUnion analysis in early May. It also stands at nearly triple the 11.7% figure from February 2020, just prior to the start of the pandemic. In addition, borrowers who have been newly reported as delinquent on their student loans have seen significant drops in their credit scores as a result, by an average of 60 points (based on VantageScore® 4.0).

    The April 2025 rate of 90+ DPD delinquency represents the highest figure ever recorded. However, it does represent only a modest increase over March 2025’s 30.6% rate, which may indicate that more student loan borrowers are becoming aware of the importance of maintaining on-time payments.

    The Percentage of Federal Student Loan Borrowers Reported as 90+ Days Past Due (90+ DPD) Has Increased an Additional 50% since February 2025

      February 2020 February 2025 March 2025 April 2025
    Total 11.7% 20.5% 30.6% 31.0%

    Source: TransUnion U.S. Consumer Credit Database

    “We continue to see more and more federal student loan borrowers being reported as the 90+ days delinquent, making a larger number of consumers vulnerable to entering default and the start of collections activities,” said Michele Raneri, vice president and head of U.S. research and consulting at TransUnion. “That said, based on the relatively small increase between March 2025 and April 2025, it is possible that the figures are close to peaking. We will continue to analyze data in the weeks and months to come to see if that bears out.”

    Millions of Delinquent Borrowers May Be Mere Weeks From Defaulting

    The 31.0% delinquency figure in April 2025 is largely made up of borrowers who are not yet in default, with only 0.3% of borrowers already in that status. The total is made up of an estimated 5.8 million federal student loan borrowers who have been reported to TransUnion and other credit bureaus as 90+ days past due.

    Approximately 180 days following the loan’s first 90+ DPD delinquency reporting, at 270 days past due, the borrower enters default status, where the borrower is subject to collection actions by the U.S. Department of Education. Of the 5.8 million newly delinquent borrowers, it is estimated that nearly one-third, approximately 1.8 million, could reach default status in July 2025. An additional one million of the 5.8 million total are estimated to reach default status in August 2025, followed by two million more in September 2025.

    Raneri added that federal student loan borrowers who are at risk should contact their loan servicers as soon as possible to inquire about potential options that may exist to avoid defaulting. “Options may include income-driven repayment or other payment plans specific to their situation. There are also loan rehabilitation programs that may allow those who do default to get out of default status.”

    The analysis also found that more than one in five federal student loan borrowers currently reported as 90+ DPD were in prime or above credit risk tiers prior to going delinquent. Following delinquency, fewer than one in 50 were prime and above. In fact, nearly every borrower not already subprime who ultimately fell 90+ DPD on their federal student loans shifted down at least one risk tier, with many, particularly those who were previously in the lowest risk super prime range, falling two or more tiers.

    “This underscores the fact that student loan borrowers of any credit risk tier can find themselves falling behind in their payments and at risk for default, even during a time in which we’ve seen most consumers are managing their debt relatively well,” said Joshua Turnbull, senior vice president and head of consumer lending at TransUnion. “It’s important that lenders stay abreast of the true risk of the borrowers in their portfolio through the implementation of student loan-specific insights into regular portfolio reviews.”

    To gain additional insights into how student loans are impacting the wallets of their potential customers, lenders can leverage TruVision Premium Student Loan Attributes to see details about student loan types, balances, and payment histories to help identify impacted consumers. To learn more about the upcoming June 26th webinar, Market Update: Student Loan Repayment Impacts, click here.

    1 The source for data within this press release is the TransUnion U.S. Consumer Credit Database.

    About TransUnion (NYSE: TRU)
    TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world. http://www.transunion.com/business

    Contact Dave Blumberg
      TransUnion
       
    E-mail david.blumberg@transunion.com
       
    Telephone 312-972-6646

    The MIL Network –

  • MIL-OSI: Agilitas Energy Expands into Hydropower with Acquisition of Two Projects in West Virginia and Maryland

    Source: GlobeNewswire (MIL-OSI)

    WAKEFIELD, Mass., June 24, 2025 (GLOBE NEWSWIRE) —  Agilitas Energy, a leading developer and operator of renewable energy and energy storage systems, today announced the acquisition of two late-stage hydropower development projects from Advanced Hydro Solutions. Together, the 30-megawatt (MW) Tygart Hydropower Project in Grafton, West Virginia, and the 14 MW Jennings Randolph Hydropower Project in Garrett County, Maryland represent Agilitas Energy’s first-ever hydropower assets, the company’s first entry into both states and an expansion of its ability to provide stable, secure energy to U.S. power markets.

    The projects will provide power to PJM (Pennsylvania-New Jersey-Maryland) Interconnection, a Regional Transmission Organization (RTO) and Independent System Operator (ISO) that manages the electric transmission system for 13 states and the District of Columbia. Agilitas Energy expects both projects to be operational in late 2028 and that the combined 44 MW capacity will generate enough clean, reliable and predictable energy to power over 15,000 homes annually.

    Hydropower offers reliable baseload power, long asset lifespans of often more than 50 years and low operating costs, all qualities that make it a natural complement to Agilitas Energy’s growing renewable energy portfolio. This acquisition reflects the company’s commitment to diversifying its asset base and pursuing the most effective energy solutions, wherever and however they’re needed, to strengthen the grid and meet growing electricity demand.

    “Hydropower diversifies Agilitas Energy’s portfolio of renewable projects with a reliable, baseload power asset that complements our existing solar and storage projects,” said Barrett Bilotta, CEO of Agilitas Energy. “These projects offer grid-stabilizing capabilities and help hedge against market volatility while reinforcing our strategy of using the right technologies in the right places to deliver dependable, clean energy across a growing range of markets.”

    The Tygart and Jennings Randolph projects are set to stimulate local economies by creating jobs and investing in infrastructure. By providing affordable, renewable energy, these projects will promote community development and energy access in both rural and urban areas, while simultaneously addressing the growing demand for power across the nation.

    “Hydropower remains one of the most proven and powerful tools for delivering reliable, renewable energy across the U.S.,” said Malcolm Woolf, President and CEO of the National Hydropower Association. “Agilitas Energy’s investment in these two projects underscores the growing recognition that hydropower must play a central role in our energy future. Companies like Agilitas Energy are stepping up to modernize the grid and expand access to reliable power.”

    “We are very pleased to partner with Agilitas Energy”, said David Sinclair, President of Advanced Hydro Solutions. “Their focus on developing a balanced portfolio of high quality projects to completion is a superior strategy that fits so well for our company and these projects.”

    For more information about Agilitas Energy and its projects, please visit https://agilitasenergy.com/.

    About Agilitas Energy

    Agilitas Energy is a leading independent power producer (IPP) in renewables and energy storage with a mission to propagate clean energy on a national scale. As the largest integrated developer, builder, owner and operator of energy storage and solar PV systems in the northeastern U.S., Agilitas Energy specializes in distributed energy solutions, and is differentiated through its vertical integration managing the entire end-to-end lifecycle of its projects from greenfield development, through engineering, construction and operation. Its projects deliver predictable, cost-efficient, clean energy for off-takers, utilities and municipalities. The company has more than one gigawatt (GW) of renewable energy and energy storage projects in operation and in its pipeline comprised of 110 projects across the U.S. and Puerto Rico. To learn more, please visit: https://agilitasenergy.com/.

    About Advanced Hydro Solutions

    Advanced Hydro Solutions has, since 2003, developed a portfolio of attractive hydroelectric projects focused on non-powered lake dams in the mid-Atlantic region. Their first project was the 6MW Mahoning Creek Dam in operation since late 2013. AHS undertakes development in an environmentally acceptable and aesthetically pleasing manner that yield a superior return on investment. Please visit: www.advancedhydrosolutions.com

    Contact

    Alex Banat
    agilitasenergy@v2comms.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8df1f2e9-9f84-4df7-bb63-74cf9e699f97

    The MIL Network –

  • MIL-OSI: NextNRG Reports Preliminary May 2025 Revenue Growth of 148% Year-Over-Year

    Source: GlobeNewswire (MIL-OSI)

    AI-driven Energy Pioneer Delivers Best Month in Company History

    YTD Revenue Surpasses Total Revenue for All of 2024

    MIAMI, June 24, 2025 (GLOBE NEWSWIRE) — NextNRG, Inc. (Nasdaq: NXXT), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered through its Next Utility Operating System®, smart microgrids, wireless EV charging, and mobile fuel delivery, today announced preliminary unaudited financial results for May 2025.

    May 2025 Highlights:

    • Revenue: $6.6 million, up 148% year-over-year
    • Year-to-date revenue through May reached approximately $28.89 million, surpassing full-year 2024 revenue of approximately $27 million

    “We’re proud to report another month of strong revenue growth,” said Michael D. Farkas, Executive Chairman and CEO of NextNRG. “This marks our fifth consecutive record month, driven by the expansion of our operations and rising demand from partners nationwide. It reflects our continued operational momentum and the scalability of our model as we enter new markets. Crossing our full-year 2024 revenue total before mid-year is a clear indication that our execution strategy is working.”

    NextNRG’s revenues continue to grow in scale, with strong adoption from commercial fleets and an expanding network of strategic partnerships. The company is also preparing to deploy its Next Utility Operating System®, AI-powered microgrid systems, and wireless EV charging products in key markets.

    Note on Preliminary Results
    The financial results for May 2025 are preliminary and unaudited. Final results may differ and will be confirmed upon the completion of standard month-end closing procedures.

    About NextNRG, Inc.
    NextNRG Inc. (NextNRG) is Powering What’s Next by implementing artificial intelligence (AI) and machine learning (ML) into renewable energy, next-generation energy infrastructure, battery storage, wireless electric vehicle (EV) charging and on-demand mobile fuel delivery to create an integrated ecosystem.

    At the core of NextNRG’s strategy is its Next Utility Operating System®, which leverages AI and ML to help make existing utilities’ energy management as efficient as possible, and the deployment of NextNRG smart microgrids, which utilize AI-driven energy management alongside solar power and battery storage to enhance energy efficiency, reduce costs and improve grid resiliency. These microgrids are designed to serve commercial properties, healthcare campuses, universities, parking garages, rural and tribal lands, recreational facilities and government properties, expanding energy accessibility while supporting decarbonization initiatives.

    NextNRG continues to expand its growing fleet of fuel delivery trucks and national footprint, including the acquisition of Yoshi Mobility’s fuel division and Shell Oil’s trucks, further solidifying its position as a leader in the on-demand fueling industry. NextNRG is also integrating sustainable energy solutions into its mobile fueling operations. The company hopes to be an integral part of assisting its fleet customers in their transition to EV, providing fuel delivery while advancing efficient energy adoption. The transition process is expected to include the deployment of NextNRG’s innovative wireless EV charging solutions.

    To find out more, visit: www.nextnrg.com.

    Forward-Looking Statements
    This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement describing NextNRG’s goals, expectations, financial or other projections, intentions, or beliefs is a forward-looking statement and should be considered an at-risk statement. Words such as “expect,” “intends,” “will,” and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including, but not limited to, those related to NextNRG’s business and macroeconomic and geopolitical events. These and other risks are described in NextNRG’s filings with the Securities and Exchange Commission from time to time. NextNRG’s forward-looking statements involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although NextNRG’s forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by NextNRG. Except as required by law, NextNRG undertakes no obligation to update any forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements.

    Investor Relations Contact
    NextNRG, Inc.
    Sharon Cohen
    SCohen@nextnrg.com

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