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Category: GlobeNewswire

  • MIL-OSI: Cipher Mining Commences Bitcoin Mining at Black Pearl Data Center

    Source: GlobeNewswire (MIL-OSI)

    Successfully energizes 300 MW Black Pearl site

    Commences hashing at 150 MW Black Pearl Phase I

    Total Cipher hashrate currently at ~16 EH/s and expected to increase to ~23.1 EH/s during the third quarter

    NEW YORK, June 23, 2025 (GLOBE NEWSWIRE) — Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”), a leader in the development of industrial-scale data centers, today announced the successful energization and commencement of hashing at its Black Pearl site.

    Hashrate currently generated at the site is ~2.5 EH/s and will continue to grow through the third quarter of 2025 as new mining rigs are delivered in scheduled batches, gradually replacing legacy units. Upon completion of this installation, Phase I is expected to reach a hashrate of ~9.6 EH/s, bringing Cipher’s total self-mining hashrate across all sites to ~23.1 EH/s.

    “We’re proud to be mining bitcoin ahead of schedule at Black Pearl, following the safe and efficient delivery of a best-in-class data center in just 16 months,” said Tyler Page, CEO. “As we continue to expand our mining footprint, the disciplined operations that underpin our positioning as one of the industry’s lowest-cost producers of bitcoin will remain a key advantage.”

    Cipher now operates five data centers dedicated to bitcoin mining, with a pipeline of 2.6 GW expected to be used for HPC hosting or bitcoin mining applications.

    Mining rigs energized and hashing at Black Pearl

    Fully developed Phase I infrastructure at Black Pearl

    About Cipher

    Cipher is focused on the development and operation of industrial-scale data centers for bitcoin mining and HPC hosting. Cipher aims to be a market leader in innovation, including in bitcoin mining growth, data center construction and as a hosting partner to the world’s largest HPC companies. To learn more about Cipher, please visit https://www.ciphermining.com/.

    Forward-Looking Statements

    This press release contains certain forward-looking statements within the meaning of the federal securities laws of the United States. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Any statements made in this press release that are not statements of historical fact, such as, statements about the Company’s beliefs and expectations regarding its planned business model and strategy, its bitcoin mining and HPC data center development, timing and likelihood of success, capacity, functionality and timing of operation of data centers, expectations regarding the operations of data centers, such as projected hashrate, and management plans and objectives, are forward-looking statements and should be evaluated as such. These forward-looking statements generally are identified by the words “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “seeks,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “strategy,” “future,” “forecasts,” “opportunity,” “predicts,” “potential,” “would,” “will likely result,” “continue,” and similar expressions (including the negative versions of such words or expressions).

    These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Cipher and its management, are inherently uncertain. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: volatility in the price of Cipher’s securities due to a variety of factors, including changes in the competitive and regulated industry in which Cipher operates, Cipher’s evolving business model and strategy and efforts it may make to modify aspects of its business model or engage in various strategic initiatives, variations in performance across competitors, changes in laws and regulations affecting Cipher’s business, and the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Cipher’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024 filed with the Securities and Exchange Commission (“SEC”) on February 25, 2025, and in Cipher’s subsequent filings with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Cipher assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

    Website Disclosure

    The company maintains a dedicated investor website at https://investors.ciphermining.com/investors (“Investors’ Website”). Financial and other important information regarding the Company is routinely posted on and accessible through the Investors Website. Cipher uses its Investors’ Website as a distribution channel of material information about the Company, including through press releases, investor presentations, reports and notices of upcoming events. Cipher intends to utilize its Investors’ Website as a channel of distribution to reach public investors and as a means of disclosing material non-public information for complying with disclosure obligations under Regulation FD. In addition, you may sign up to automatically receive email alerts and other information about the Company by visiting the “Email Alerts” option under the Investors Resources section of Cipher’s Investors’ Website and submitting your email address.

    Contacts:
    Investor Contact:
    Courtney Knight
    Head of Investor Relations at Cipher Mining
    Courtney.knight@ciphermining.com

    Media Contact:
    Ryan Dicovitsky / Kendal Till
    Dukas Linden Public Relations
    CipherMining@DLPR.com

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/c5c5f8c4-e8eb-40bb-a27e-6e6807da5e3a

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9b8bd673-375b-4ed8-8db8-944c373fb32a

    The MIL Network –

  • MIL-OSI: dLocal announces appointment of Independent Board Member

    Source: GlobeNewswire (MIL-OSI)

    MONTEVIDEO, Uruguay, June 23, 2025 (GLOBE NEWSWIRE) — DLocal Limited (“dLocal”, “we”, “us”, and “our”) (NASDAQ:DLO), a technology-first payments platform, today announced the appointment of Will Pruett as an Independent Board Member and well as a member of our Audit Committee, effective July 1, 2025. With his extensive expertise in capital markets and emerging markets, Mr. Pruett will play a key role in strengthening the Board’s ability to guide dLocal’s growth and scalability.

    “We are thrilled to welcome Will Pruett to our Board of Directors,” said Eduardo Azar, Chairman of dLocal. “His deep knowledge of capital market dynamics and investment strategies, combined with his extensive experience across Latin America, Asia, and Africa, will be invaluable as we continue to expand our business and deliver value to our stakeholders.”

    Mr. Pruett serves as an independent board member of PicPay, one of the largest Brazilian digital banks. Previously, Mr. Pruett served at Fidelity Investments for 16 years (from 2008 to 2025), where he was a portfolio manager for the Fidelity Latin America Fund (FLATX), Fidelity Emerging Markets Opportunities Fund (FEMSX) and Fidelity Total Emerging Markets Fund (FTEMX). Prior to Fidelity, Mr. Pruett worked at HSBC, where he held roles in retail credit and e-commerce across Asia, Europe and Latin America. Mr. Pruett holds a master’s degree in Business Administration from the Harvard Business School and a degree in Economics from the University of Chicago.

    “His expertise and perspectives will undoubtedly add depth to board discussions and help drive long-term shareholder value. We warmly welcome Mr. Pruett and look forward to his meaningful contributions as we continue to unlock the power of emerging markets for our merchants,” added Eduardo Azar.

    This appointment underscores dLocal’s dedication to effective governance and leveraging a diversity of viewpoints to drive growth strategies.

    Additionally, dLocal announces that Mariam Toulan’s term as Independent Director on the Board of Directors will conclude on June 30, 2025. Ms. Toulan has been a valued member of the Board, and the company expresses its gratitude for her contributions, dedication, and wisdom during her tenure. We wish her all the best in her future endeavors.

    About dLocal
    dLocal powers local payments in emerging markets, connecting global enterprise merchants with billions of emerging market consumers in more than 40 countries across Africa, Asia, and Latin America. Through the “One dLocal” platform (one direct API, one platform, and one contract), global companies can accept payments, send pay-outs and settle funds globally without the need to manage separate pay-in and pay-out processors, set up numerous local entities, and integrate multiple acquirers and payment methods in each market.

    Investor Relations Contact:
    investor@dlocal.com

    Media Contact:
    media@dlocal.com

    The MIL Network –

  • MIL-OSI: Brompton Funds Declares Distributions

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 23, 2025 (GLOBE NEWSWIRE) — (TSX: BAAA, BAAA.U) Brompton Funds announces distributions for Brompton Wellington Square AAA CLO ETF payable on July 15, 2025 to unitholders of record at the close of business on June 30, 2025 as follows:

    Ticker Amount Per Unit  
    BAAA Cdn$0.086  
    BAAA.U US$0.08722  
         

    About Brompton Funds
    Founded in 2000, Brompton is an experienced investment fund manager with income and growth focused investment solutions including TSX traded closed-end funds and exchange-traded funds. For further information, please contact your investment advisor, call Brompton’s investor relations line at 416-642-6000 (toll-free at 1-866-642-6001), email info@bromptongroup.com or visit our website at www.bromptongroup.com.

    About Wellington Square
    Wellington Square Advisors Inc. (“Wellington Square”) is a Toronto-based independent investment advisory led by portfolio managers Jeff Sujitno and Amar Dhanoya. Wellington Square has invested in CLOs for over 10 years with certain staff having specialized expertise gained from working for CLO managers.

    Commissions, management fees and expenses all may be associated with exchange-traded fund investments.  Please read the prospectus before investing. Exchange-traded funds are not guaranteed, their values change frequently and past performance may not be repeated.

    Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this press release and to other matters identified in public filings relating to the fund, to the future outlook of the fund and anticipated events or results and may include statements regarding the future financial performance of the fund. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.

    The MIL Network –

  • MIL-OSI: Brompton Funds Declares Distributions

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 23, 2025 (GLOBE NEWSWIRE) — (TSX: BAAA, BAAA.U) Brompton Funds announces distributions for Brompton Wellington Square AAA CLO ETF payable on July 15, 2025 to unitholders of record at the close of business on June 30, 2025 as follows:

    Ticker Amount Per Unit  
    BAAA Cdn$0.086  
    BAAA.U US$0.08722  
         

    About Brompton Funds
    Founded in 2000, Brompton is an experienced investment fund manager with income and growth focused investment solutions including TSX traded closed-end funds and exchange-traded funds. For further information, please contact your investment advisor, call Brompton’s investor relations line at 416-642-6000 (toll-free at 1-866-642-6001), email info@bromptongroup.com or visit our website at www.bromptongroup.com.

    About Wellington Square
    Wellington Square Advisors Inc. (“Wellington Square”) is a Toronto-based independent investment advisory led by portfolio managers Jeff Sujitno and Amar Dhanoya. Wellington Square has invested in CLOs for over 10 years with certain staff having specialized expertise gained from working for CLO managers.

    Commissions, management fees and expenses all may be associated with exchange-traded fund investments.  Please read the prospectus before investing. Exchange-traded funds are not guaranteed, their values change frequently and past performance may not be repeated.

    Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this press release and to other matters identified in public filings relating to the fund, to the future outlook of the fund and anticipated events or results and may include statements regarding the future financial performance of the fund. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.

    The MIL Network –

  • MIL-OSI: Wellnee Knee Brace 2025: The Wellnee Knee Brace Sets a New Standard in Day-to-Day Knee Support for Aging and Active Populations

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, June 23, 2025 (GLOBE NEWSWIRE) — As knee discomfort continues to affect millions globally—particularly among aging adults and active individuals—the search for effective, non-invasive support solutions has reached new heights. In 2025, the Wellnee Knee Brace has emerged as a widely discussed option for daily mobility, rehabilitation, and active lifestyles, drawing interest from wellness professionals and orthopedic communities alike.

    Reports suggest that this lightweight, easy-to-wear brace is redefining how people manage knee stability, inflammation, and range of motion—without sacrificing comfort or movement.

    Why the Wellnee Knee Brace Is Gaining National Attention

    With rising demand for supportive wearables that enhance joint function and reduce the risk of strain or injury, the Wellnee Knee Brace offers a promising approach for both chronic users and preventative wearers.

    What makes this brace different?

    • Anatomically engineered compression
    • Adjustable ergonomic straps
    • Flexible yet firm lateral stabilizers
    • Breathable, sweat-resistant material for long wear
    • Lightweight, discreet design that fits under most clothing

    From seniors managing arthritis to athletes recovering from minor ligament stress, the brace is designed to serve a wide audience seeking practical relief and functional stability.

    The Engineering Behind Wellnee: Designed for Movement, Built for Support

    According to official website, the Wellnee Knee Brace underwent several iterations to perfect the balance between rigidity and flexibility. Its dual-spring support system works in tandem with compression zones that surround the patella and ligaments—offering both lift and alignment without impeding circulation.

    “People don’t want bulky braces anymore—they want dynamic stability without losing mobility,” said a representative familiar with the product. “The Wellnee design was built to respond to movement while protecting sensitive areas.”

    Who Is the Wellnee Knee Brace For?

    The target demographic spans multiple categories:

    • Seniors with age-related joint discomfort
    • Office workers and remote professionals experiencing stiffness from sedentary routines
    • Hikers, runners, and gym-goers seeking joint protection during active use
    • Individuals in physical therapy or post-operative recovery
    • Those living with arthritis, meniscus tears, or ligament strain

    Whether for temporary strain or long-term support, Wellnee offers a modular solution suited to everyday routines—without the commitment of prescriptions or surgeries.

    How the Wellnee Knee Brace Aligns with Modern Joint Care Trends

    The Wellnee product launch follows a larger industry trend focused on non-invasive, wearable recovery tools. As more consumers seek alternatives to pharmaceuticals and complex medical devices, the demand for affordable, at-home mobility aids is rising.

    Healthcare professionals are increasingly recommending compression and stabilization techniques to slow down degeneration and improve proprioception—both of which the Wellnee Knee Brace aims to support.

    Visit Official Website To get More Information

    How Does the Wellnee Knee Brace Work?

    As per official website, Unlike conventional knee braces that simply restrict motion, the Wellnee Knee Brace uses a dynamic stabilization system engineered to support movement—not limit it. This targeted design integrates dual-spring lateral stabilizers that work in harmony with a compression fabric matrix, gently guiding the joint into proper alignment during both motion and rest.

    The central patella ring relieves direct kneecap pressure, while the surrounding structure reduces load-bearing strain on surrounding ligaments. This not only eases discomfort from conditions like arthritis or runner’s knee but also enhances joint awareness, helping users walk or move more confidently.

    What sets Wellnee apart is its adaptive support—it offers reinforcement when needed most, such as during walking, climbing stairs, or exercising, but flexes enough to stay comfortable throughout the day.

    Key Features of the Wellnee Knee Brace

    As attention grows toward smart, wearable wellness, the Wellnee Knee Brace stands out with several well-researched features designed around functionality and comfort:

    • 360° Stabilizing Support
      Built-in steel springs provide resistance and structure without restricting movement.
    • Open-Patella Design
      Reduces kneecap pressure while improving tracking during activity.
    • Custom-Fit Compression Zones
      Engineered for graduated support, reducing inflammation and swelling.
    • Breathable, Moisture-Wicking Fabric
      Ideal for long hours of wear—even under clothing or in warm environments.
    • Fully Adjustable Hook-and-Loop Straps
      One-size-fits-most system with secure tension settings for both casual and athletic use.
    • Low-Profile Silhouette
      Sleek enough to wear during everyday errands, long commutes, or light workouts.

    Whether supporting injury recovery or easing long-standing discomfort, these features combine to offer stability without stiffness, and support without sacrifice.

    How to Use the Wellnee Knee Brace

    Part of what’s fueling the buzz around the Wellnee Knee Brace in 2025 is how accessible and simple it is to use—even for those unfamiliar with orthopedic gear.

    To get started:

    1. Unfold and slide the brace onto the leg, positioning the open patella ring directly over the kneecap.
    2. Adjust the compression straps using the built-in hook-and-loop fasteners until you feel balanced support—tight, but not restrictive.
    3. Ensure even pressure distribution, with no pinching at the thigh or calf.
    4. Wear throughout the day, whether for mobility support, injury prevention, or during periods of prolonged standing or activity.

    Most users report adapting to the brace within minutes, and because the material is breathable, it can be comfortably worn for extended periods—whether under clothing at work or during moderate exercise routines.

    No complicated setup. No batteries. No prescriptions. Just intuitive, immediate support—whenever and wherever your knees need it most.

    Where to Buy the Wellnee Knee Brace

    The Wellnee Knee Brace is currently available through the official website. 

    Buyers can access:

    • Single or dual-knee packs
    • Adjustable size options
    • 30-day satisfaction guarantee

    What Experts Are Saying

    Orthopedic advisors and fitness trainers are beginning to take note of the design. While the brace is not a replacement for medical-grade orthotics, its everyday wearability has drawn praise.

    “Support like this can help people become more active with less pain, especially when paired with stretching and strength routines,” said one physiotherapist based in New York.

    Why 2025 May Be the Year of Wearable Joint Solutions

    With the average adult spending more than 8 hours a day sitting and millions reporting musculoskeletal pain, wearable joint support is entering the spotlight.

    Wellnee’s rise reflects a shift in public interest—where people want results without restrictions, and prevention without prescriptions.

    Can the Wellnee Knee Brace Help with Arthritis? Here’s What Users Say

    While the Wellnee Knee Brace is not a cure for arthritis, many wearers dealing with osteoarthritis or rheumatoid symptoms have found relief in its compression-based joint unloading. By offering lateral reinforcement and reducing strain on inflamed areas, users often report:

    • Better walking confidence
    • Reduced swelling after movement
    • Decreased reliance on over-the-counter pain relief

    For arthritis patients, even slight improvements in day-to-day comfort can translate to greater independence and long-term wellness.

    Visit Wellnee Knee Brace Official Website To Read More..

    The Rise of Non-Prescription Mobility Aids: A 2025 Trend

    A growing number of Americans are now looking beyond pharmaceuticals and surgeries to support joint health. According to recent market trends, non-invasive mobility devices—like the Wellnee Knee Brace—are experiencing a sharp rise in demand.

    Why?

    • Lower cost
    • Fewer risks than injections or surgeries
    • Accessibility for aging populations
    • Compatibility with daily life and work schedules

    This shift signals a larger movement: consumers want natural, supportive solutions that fit their lives, not interrupt them.

    Wellnee’s Appeal Across Age Groups: From Office Workers to Weekend Warriors

    Though knee support products have long been associated with aging, the demographic profile of users is changing. Younger professionals, fitness enthusiasts, and manual laborers are now prioritizing preventative joint care—long before serious problems arise.

    The Wellnee Knee Brace is built to accommodate both:

    • Younger users who need light, all-day support during high mobility
    • Older adults who want comfort without the bulk or stiffness of medical-grade braces

    With universal sizing and a lightweight design, Wellnee bridges the gap between clinical function and everyday wearability.

    What to Expect in the First Week of Wearing Wellnee

    According to official website, Most first-time users experience immediate support, but full adaptation typically takes a few days. During the initial adjustment period, users often notice:

    • A subtle sense of lift or offloading in the joint
    • Decreased fatigue after standing or walking
    • Improved alignment during activities like stair climbing or squatting

    Unlike rigid braces that cause muscle compensation or stiffness, Wellnee works with the body—not against it—resulting in a natural, supported motion pattern.

    What Makes Wellnee Different? A Brand Rooted in Movement, Not Limitations

    Behind the rise of the Wellnee Knee Brace is a mission that resonates with millions: mobility should be supported, not restricted. In a crowded market of rigid braces, one-size-fits-all sleeves, and clinical-looking supports, Wellnee took a different approach—one that puts user experience, real-world function, and wearability at the core of its design philosophy.

    Founded by a team of engineers, wellness advocates, and movement therapists, the Wellnee brand was born from a simple observation: people are living longer, working harder, and staying active well into later stages of life—but joint health tools haven’t kept up.

    “We weren’t satisfied with what was available. Most braces were either too bulky to wear all day or too flimsy to offer any real support. We set out to build something in between—something supportive, sleek, and wearable for real people,” said a Wellnee spokesperson.

    The result? A knee brace that doesn’t look or feel medical—but performs when it counts.

    From Concept to Confidence: A People-First Design Journey

    What makes Wellnee different isn’t just what it does—it’s how it was developed. Unlike mass-produced sleeves or cookie-cutter designs, the Wellnee Knee Brace underwent months of prototyping and field testing. Early feedback came from:

    • Rehabilitation patients in physical therapy programs
    • Aging adults dealing with early-stage arthritis
    • Athletes and personal trainers who needed support without stiffness
    • Long-hour workers in warehouse, retail, and healthcare roles

    Their insight shaped everything from the brace’s compression zones to its strap system and material choices.

    Instead of prioritizing mass appeal, Wellnee focused on one metric: will people want to wear this daily?

    Visit Official Website To get More Information

    Designing for Real Life, Not Just Recovery

    While many braces are designed for temporary use after injury, Wellnee supports consistent, everyday function. It’s not just a recovery tool—it’s a companion for movement. Whether navigating grocery aisles, walking to the train, or stretching before a hike, Wellnee blends into daily routines without slowing users down.

    This holistic focus on real-life wearability has positioned Wellnee as more than a medical device—it’s a lifestyle product rooted in movement, prevention, and independence.

    A Community-Driven Brand Built on Trust

    Beyond the product itself, the Wellnee brand has grown through word-of-mouth—from physical therapists to grandparents to fitness instructors. Social media groups and online forums have become platforms for users to share how the brace has helped them walk farther, move easier, and feel more confident on their feet.

    Wellnee’s commitment to transparency, user feedback, and accessible support has only strengthened its reputation among consumers looking for practical, long-lasting solutions.

    In a space saturated with short-term fixes, Wellnee stands out as a long-term ally—a brand that’s less about restriction and more about restoring confidence, one step at a time.

    Final Thoughts: Wellnee’s Place in the Evolving World of Joint Care

    As 2025 continues to see innovation across personal health, the Wellnee Knee Brace positions itself as more than a brace—it’s a day-to-day companion for knees that carry us through work, workouts, and everything in between.

    From joint relief to post-injury confidence, Wellnee appears to be paving a new path in joint care—one that prioritizes practicality, portability, and personal independence.

    For more information, educational content, and direct purchasing, visit the official Wellnee Knee Brace website.

    Media Contact:

    ADDRESS: 67-04 Myrtle Ave #500, 

    Glendale, NY

    USA 11385

    Email: support@trywellnee.com

    Phone – +1(844)961-3766

    Website – https://trywellnee.com/

    Disclaimer The information provided in this review is for general educational and informational purposes only and is not intended as, nor should it be considered a substitute for, professional medical advice, diagnosis, or treatment. Always consult with your physician or another qualified healthcare provider before beginning any new supplement, dietary change, or health program—especially if you are pregnant, nursing, have existing health conditions, or are taking medications. Results may vary among individuals.
    The statements made regarding Wellnee Knee Brace have not been evaluated by the Food and Drug Administration (FDA). Wellnee Knee Brace is not intended to diagnose, treat, cure, or prevent any disease. Any claims made within this article about symptom relief, hearing improvement, or related health benefits are based on the product’s formulation and individual testimonials and not on conclusive clinical evidence. 
    This content does not constitute professional health or medical advice and should not be interpreted as such. Readers should always perform their own due diligence and consult medical professionals before making decisions related to health products.

    Attachment

    The MIL Network –

  • MIL-OSI: Heirloom Debuts a New Way to Store and Control Your Digital Memory

    Source: GlobeNewswire (MIL-OSI)

    Miami, Fl , June 23, 2025 (GLOBE NEWSWIRE) — Heirloom, a first-of-its-kind platform designed to return ownership of memory, data, and digital presence back to the people who create it, announces today the launch of its public pre-sale. Founded by veteran technology entrepreneur Angela Benton — a trailblazer in ethical data ownership — Heirloom marks a bold new chapter in advancing human-centered technology.

    It’s become commonplace for AI systems to be trained on scraped, unconsented human expression; Heirloom offers an entirely new approach: a personal AI memory layer that remains sovereign, portable, and rooted in values. Built to evolve with you—not extract from you—Heirloom ensures that your creative output, life data, and digital identity are protected, remembered, and governed on your terms.

    “We’re at a turning point where AI can either deepen our disconnection or amplify our humanity,” said Benton. “Heirloom is designed to ensure it does the latter. It’s not just a tool—it’s a stance. A refusal to let our data, our creativity, and our essence become raw material for systems we don’t control. This is memory with agency. Technology with a conscience. A future that puts people—not platforms—at the center.”

    At its core, Heirloom is a human-centered memory protocol that allows individuals to securely capture and share their data across AI models, platforms, and agents—without needing to reintroduce or retrain systems each time. Your preferences, your outputs, your life’s work remain intact, verified, and yours.

    The Heirloom ecosystem includes three key elements:

    • Heirloom Identity Token: Verifies each user as a unique human and grants governance access to the Founding Circle
    • Provenance Token: Certifies data as human-generated for sharing, validation, and protection
    • Heirloom Token (HRLM): Fuels the ecosystem, rewards regenerative participation, and grants early access (now in pre-sale)

    “We’re not building another AI product,” Benton added. “We’re building connective tissue—between people, memory, and meaning. Heirloom is modular and lightweight, but deeply human at its core. This is infrastructure for the world we want to live in.”

    Heirloom is the first visible expression of a larger movement: the rise of regenerative tech—systems that don’t just extract and scale, but circulate, honor, and sustain. Heirloom is designed to evolve with its community, inviting creators, builders, and cultural stewards to help shape the future of human-centered AI.

    Heirloom offers a new kind of infrastructure for AI—lightweight, modular, and governed by its community. It ensures that individuals can retain control over their data, memory, and identity as AI continues to evolve. With a focus on data portability, verified authorship, and ethical use, Heirloom is setting a new standard for how people and technology can move forward together.

    Explore the vision and be part of shaping the future of human-centered AI at: www.yourheirloom.ai

    About Angela Benton

    Angela Benton is a visionary entrepreneur, public thinker, and longtime advocate for ethical innovation. She previously founded Streamlytics, advised global corporations on regenerative data strategy, and launched the first tech accelerator for underrepresented founders in Silicon Valley. Her work has influenced how AI and data are used across industries, helping founders and institutions raise over $150M in capital while advancing people-first models of technology.

    About Heirloom

    Heirloom is a human-centered memory protocol that gives individuals control over their data, identity, and digital presence in the age of AI. Built to protect and verify human contributions across platforms and systems, Heirloom makes AI memory portable, secure, and aligned with the people who generate it. Using tools like decentralized identity, data provenance, and regenerative design, Heirloom offers an alternative to extractive data systems—one that prioritizes individual agency and long-term value.

    Press inquiries

    Heirloom
    https://www.yourheirloom.ai
    Angela Benton
    press@yourheirloom.ai

    A video accompanying this announcement is available at https://www.youtube.com/embed/R3cKxKZepUw

    The MIL Network –

  • MIL-OSI: PBKMiner Surges Ahead as AI Deployment Yields Record User Gains

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, June 23, 2025 (GLOBE NEWSWIRE) —

    Having recently deployed predictive intelligence across its global mining network, PBKMiner is seeing a significant boost in operational data and profits for its users. With the AI backend and system now completely deployed, PBK Miner is excited to report improved efficiency, reduced energy waste, and increased profitability reported in user accounts.

    This process is opting into the company’s strategic rollout of an intelligent decision-making engine which automatically rebalances how a resource is used based on available network conditions, token price, and power flow. With the AI squeezing every aspect of the backend process, PBK Miner has less energy slack, more predictable rewards and less disruption from its own actions on the network.

    “Since implementation, we’ve observed a 22% improvement in performance consistency and an overall boost in mining output across the board,” said Paul Brian Keeley, President of PBK Miner. “It’s proving exactly what we envisioned — a smarter, self-adjusting system that creates a meaningful difference in daily user returns.”

    The AI backbone actively reads live signals from blockchain congestion points, asset momentum patterns, and machine-level hardware metrics. As a result, when token values shift or certain chains experience peak activity, PBK Miner responds in milliseconds, rerouting processes to maximize uptime and user benefit.

    This has had a tangible impact on participants, with miners across more than 180 nations reporting improved day-to-day earnings. Whether they are operating short-term contracts or engaging in longer staking cycles, the AI-enhanced framework has added a layer of intelligence that significantly reduces exposure to volatility.

    One notable advantage is the platform’s ability to auto-switch between asset pools depending on profit ratios and energy prices. This smart reallocation feature is especially impactful in today’s fast-moving digital markets, where milliseconds can define returns.

    Key improvements from PBK Miner’s AI refinement include:

    • Consistent daily profit generation even during network slowdowns
    • Smart grid workload balancing tied to renewable energy surpluses
    • Minimal downtime due to proactive failure prediction algorithms
    • Real-time resource reallocation between mining assets based on trend triggers

    The platform remains rooted in its environmental mission, leveraging renewable sources like hydro, solar, and wind for all mining activity. Now empowered with adaptive decision-making, PBK Miner can direct mining loads to the most energy-efficient zones depending on regional weather or power grid fluctuations.

    “Mining doesn’t have to come at the cost of the planet or users’ peace of mind,” Keeley added. “We built a system that listens, learns, and adjusts—and the feedback from our global community confirms it’s working exactly as intended.”

    With over 8 million users globally and consistent infrastructure expansion, PBK Miner continues to define a new class of sustainable, intelligent mining for both retail and institutional participants.

    About PBK Miner
    PBK Miner, a UK-based supplier of digital asset infrastructure, was incorporated in 2019. The company is focused entirely on a hands-off method for crypto miners that is powered entirely by clean energy. The platform allows individuals and institutions with no need for hardware or barriers to mining efficiently.

    To get more details or check out contract options, visit https://pbkminer.com

    Media Contact:
    Alison Evans
    PR Manager
    info@pbkminer.com
    +44 7514 226545

    Company Address:
     30 Colston Avenue, Carshalton, Surrey, England

    Disclaimer: This press release is for informational purposes only and does not constitute financial advice, legal advice, or investment recommendations. Cryptocurrency involves risk and market volatility. Please research or consult a licensed financial advisor before making investment decisions. Pbkminer.com and associated parties are not liable for any financial loss incurred.

    Attachment

    The MIL Network –

  • MIL-OSI: PBKMiner Surges Ahead as AI Deployment Yields Record User Gains

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, June 23, 2025 (GLOBE NEWSWIRE) —

    Having recently deployed predictive intelligence across its global mining network, PBKMiner is seeing a significant boost in operational data and profits for its users. With the AI backend and system now completely deployed, PBK Miner is excited to report improved efficiency, reduced energy waste, and increased profitability reported in user accounts.

    This process is opting into the company’s strategic rollout of an intelligent decision-making engine which automatically rebalances how a resource is used based on available network conditions, token price, and power flow. With the AI squeezing every aspect of the backend process, PBK Miner has less energy slack, more predictable rewards and less disruption from its own actions on the network.

    “Since implementation, we’ve observed a 22% improvement in performance consistency and an overall boost in mining output across the board,” said Paul Brian Keeley, President of PBK Miner. “It’s proving exactly what we envisioned — a smarter, self-adjusting system that creates a meaningful difference in daily user returns.”

    The AI backbone actively reads live signals from blockchain congestion points, asset momentum patterns, and machine-level hardware metrics. As a result, when token values shift or certain chains experience peak activity, PBK Miner responds in milliseconds, rerouting processes to maximize uptime and user benefit.

    This has had a tangible impact on participants, with miners across more than 180 nations reporting improved day-to-day earnings. Whether they are operating short-term contracts or engaging in longer staking cycles, the AI-enhanced framework has added a layer of intelligence that significantly reduces exposure to volatility.

    One notable advantage is the platform’s ability to auto-switch between asset pools depending on profit ratios and energy prices. This smart reallocation feature is especially impactful in today’s fast-moving digital markets, where milliseconds can define returns.

    Key improvements from PBK Miner’s AI refinement include:

    • Consistent daily profit generation even during network slowdowns
    • Smart grid workload balancing tied to renewable energy surpluses
    • Minimal downtime due to proactive failure prediction algorithms
    • Real-time resource reallocation between mining assets based on trend triggers

    The platform remains rooted in its environmental mission, leveraging renewable sources like hydro, solar, and wind for all mining activity. Now empowered with adaptive decision-making, PBK Miner can direct mining loads to the most energy-efficient zones depending on regional weather or power grid fluctuations.

    “Mining doesn’t have to come at the cost of the planet or users’ peace of mind,” Keeley added. “We built a system that listens, learns, and adjusts—and the feedback from our global community confirms it’s working exactly as intended.”

    With over 8 million users globally and consistent infrastructure expansion, PBK Miner continues to define a new class of sustainable, intelligent mining for both retail and institutional participants.

    About PBK Miner
    PBK Miner, a UK-based supplier of digital asset infrastructure, was incorporated in 2019. The company is focused entirely on a hands-off method for crypto miners that is powered entirely by clean energy. The platform allows individuals and institutions with no need for hardware or barriers to mining efficiently.

    To get more details or check out contract options, visit https://pbkminer.com

    Media Contact:
    Alison Evans
    PR Manager
    info@pbkminer.com
    +44 7514 226545

    Company Address:
     30 Colston Avenue, Carshalton, Surrey, England

    Disclaimer: This press release is for informational purposes only and does not constitute financial advice, legal advice, or investment recommendations. Cryptocurrency involves risk and market volatility. Please research or consult a licensed financial advisor before making investment decisions. Pbkminer.com and associated parties are not liable for any financial loss incurred.

    Attachment

    The MIL Network –

  • MIL-OSI: Anchor Unlocks Industry-First Auto-Billing for Any Time Tracking Software

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, June 23, 2025 (GLOBE NEWSWIRE) — Anchor, the free-to-use autonomous billing and collection platform for accounting and professional-service businesses, today introduced a first-to-market deep integration to QuickBooks Online (QBO) that turns tracked hours from any time-tracking tool connected to QBO into payments, pre-approved by the client.

    When used with Anchor’s Pre-approved hourly services, every hourly engagement carries a cap the client has already approved. In one click, time entries from QuickBooks Time, Big Time, Toggl, Harvest, or any other tracker that syncs with QBO flow into a matching invoice in Anchor, where they can be reviewed and adjusted before the invoice is issued and the payment is processed automatically.

    “Our customers wanted a faster path from time tracking to payment, and this industry-first release delivers it,” said Rom Lakritz, Co-founder and CEO of Anchor. “No other solution offers this capability within one unified billing hub, giving accountants unmatched speed and certainty for their cash flow in the most simple and automatic way.”

    Key benefits

    Automatic sync – Instantly pulls every billable entry from any time tracker connected through QBO Time Activities straight into the correct invoice in Anchor.

    Works with any tracker – if it syncs to QBO, it syncs to Anchor; support for non-QBO trackers is coming soon.

    One-click billing – Tracked time from any QBO-synced tracker is checked against the pre-approved hourly cap, appears on the invoice with its notes, duration, and service name, can be edited in Anchor for last-minute tweaks, then is sent and paid in seconds with no back-and-forth.

    Zero manual entry – Streamlines billable hours directly into invoices, eliminating copy-paste workflows and spreadsheet rework while cutting time spent and error risk.

    Map once, bill forever – Anchor links each client and service to its QBO counterpart so every hour lands in the right place.

    Data integrity maintained – Edits in Anchor never touch the original record in QBO, and invoiced entries are auto-marked as converted to prevent double billing. Each QBO entry keeps its notes, duration, and service name.

    “Firms can keep tracking time in whatever tool they love, open Anchor, and watch the invoice write itself,” added Tal Ben Bassat, COO of Anchor. “Firms no longer need to juggle spreadsheets or copy-paste timesheets, it’s true hands-free billing, from proposal to payment, with zero extra clicks. This launch is part of a much larger effort to let them get paid in any way they can imagine.”

    Availability and pricing

    The new feature is live for all Anchor customers today, joining the Pre-approved Hourly Cap and hundreds of other features. Anchor remains free to use, with no subscription or credit card fees, and the same flat $5 fee per transaction we’ve maintained for the past four years. Users can activate the integration in seconds under Integration Settings.

    Ready to get paid faster – no matter how you track time? Sign up at www.sayanchor.com to start billing automatically. Follow Anchor on Facebook or LinkedIn for product updates.

    QuickBooks, QuickBooks Online, and QuickBooks Time are registered trademarks of Intuit Inc. Any other brand names or product names are for identification purposes only and may be trademarks of their respective holders.

    About Anchor

    Anchor is reinventing financial workflows for accounting and professional service businesses by simplifying proposals, agreements, invoicing, and payments. By replacing rigid document-based workflows with interactive agreements, Anchor helps firms eliminate revenue loss, improve cash flow, and grow profits. Trusted by thousands of firms, Anchor collects its five-dollar flat fee only when customers are paid. Learn more at www.sayanchor.com.

    Media Contact
    Company Name: Anchor
    Contact Person: Elad Shmilovich
    Email: elad.sh@sayanchor.com
    Country: United States
    Website: https://www.sayanchor.com

    The MIL Network –

  • MIL-OSI: RockED and WrenchWay Partner to Transform Technician Training Nationwide

    Source: GlobeNewswire (MIL-OSI)

    FORT LAUDERDALE, Fla., June 23, 2025 (GLOBE NEWSWIRE) — RockED, the premier people development platform for the automotive industry, has joined forces with WrenchWay, the leading platform connecting technicians, shops, and schools. Together, they aim to revolutionize technician training by expanding access to essential onboarding and soft-skills education for over 3,100 automotive schools across the U.S.

    This strategic partnership launches with a focus on technician onboarding and plans to evolve into leadership and soft-skills training—emphasizing communication, professionalism, and customer interaction. The collaboration addresses a critical industry gap: technicians often lack the behavioral skills needed for long-term success, not just technical knowledge.

    “Our research shows that techs want more than just how-to—they want guidance on how to grow professionally,” said Chris Craig, RockED’s Fixed Ops Content Owner and a trusted voice in the technician community. “This partnership gives them that path from Day One.” Craig’s research and influence shaped RockED’s “Attitude, Behavior, and Knowledge” technician development model.

    By leveraging WrenchWay’s extensive network of schools and industry connections, this initiative creates scalable, easy-to-implement training programs that reach technicians early in their careers. The first Technician Onboarding Certification will be offered at no cost to schools.

    “Partnering with RockED enables us to not just promote technician careers—but elevate them,” said Mark Wilson, CEO of WrenchWay. “Together, we’re equipping students with the tools they need to thrive in a fast-changing industry.”

    RockED’s mobile-first microlearning platform is already delivering results, with previous launches driving increases in technician productivity and sales performance through gamified, bite-sized learning. This new collaboration expands that impact to the next generation of technicians.

    According to RockED’s latest industry insights, the technician shortage is not just a hiring problem—it’s a readiness problem. This partnership closes that gap, preparing future techs for successful, rewarding careers.

    About RockED
    RockED is the premier people development platform for the automotive industry supporting the entire employee lifecycle from pre-hire and onboarding to upskilling and career transitions. With microlearning content, gamified delivery, and real-time feedback, RockED is educating the automotive workforce and solving the industry’s greatest business challenges.

    RockED: Develop people. Drive performance.

    About WrenchWay
    WrenchWay is an online community dedicated to promoting and improving careers in the automotive and diesel industry. We highlight the best shops to work at, connect shops with schools, and give technicians and industry professionals a voice.

    For media inquiries, please contact:
    Stephanie Woelfel
    Head of Marketing RockED
    stephanie.woelfel@rocked.us 
    239.287.7862

    The MIL Network –

  • MIL-OSI: Pocket Knife Software Launches ANNIE AI Trading Platform to Public After Years of Private Development

    Source: GlobeNewswire (MIL-OSI)

    Austin, TX , June 23, 2025 (GLOBE NEWSWIRE) — Pocket Knife Software, Inc. has announced the public launch of ANNIE, its proprietary AI-powered stock trading platform, after nearly a decade of private development and real-world testing. The system, originally built for personal use, is now available to independent investors via subscription at AI-StockTrading.com.

    Rick Cockerham, Founder of Pocket Knife Software

    Unlike traditional predictive models, ANNIE employs a hybrid of neural networks and genetic algorithms to evolve trading strategies based solely on real-world performance, leveraging real-world trading data since April 2024. The AI reviews over 1,200 U.S. equities daily and generates trade recommendations designed for consistency rather than speculation. Recent iterations of ANNIE have demonstrated performance levels approximately twice as strong as earlier versions, according to Pocket Knife Software’s internal data.

    “ANNIE isn’t trying to guess where the market is going tomorrow,” said Rick Cockerham, creator of ANNIE and founder of Pocket Knife Software. “It’s designed to make sound trading decisions based on what works, using evolved strategies that continuously adapt to changing market conditions”.

    And when ANNIE gives out recommendations, they’re exactly that. Because ANNIE delivers trade ideas – not automated trades – users stay in control of their money, their account, and their decisions.

    Originally conceived while Cockerham was studying AI at Iowa State University in the 1990s, ANNIE has undergone years of iteration. These iterations led him to make ANNIE available to other independent investors seeking an alternative to traditional financial services.

    The subscription service delivers daily buy and sell signals through email or text message approximately one hour before market close. Subscribers maintain full control over their investment accounts, allowing them to manually execute trades based on ANNIE’s recommendations. The platform also includes portfolio tracking and risk management signals such as stop-loss alerts.

    “Most AI stock pickers rely on predictive models that can’t consistently outperform the market,” said Rick. “ANNIE is different because it evolves – discarding what doesn’t work and refining what does through live market results. That evolutionary engine is what sets ANNIE apart”.

    ANNIE’s public release comes at a time when individual investors face mounting challenges competing against institutional capital and increasingly complex markets. Cockerham emphasizes that the platform is designed for serious, self-directed investors seeking a transparent and disciplined system that complements their own trading decisions.

    About Pocket Knife Software

    Founded by Rick Cockerham, Pocket Knife Software develops AI-powered financial tools for independent investors. The company’s flagship product, ANNIE, combines neural networks and genetic algorithms to evolve trading strategies based on real-world market performance. Operating from Austin, Texas, Pocket Knife Software is committed to making hedge-fund-grade technology accessible to self-directed investors. Learn more at AI-StockTrading.com.

    Press inquiries

    Pocket Knife Software
    https://www.ai-stocktrading.com/
    Rick Cockerham
    rick@pocketknifesoftware.com

    The MIL Network –

  • MIL-OSI: Studyverse Launches AI Tutoring Infrastructure for Firms, Backed by Success in MCAT

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, June 23, 2025 (GLOBE NEWSWIRE) — After proving its AI tutoring platform with impressive MCAT results, averaging 2.9 hours of daily student engagement and an 11.2-point score improvement among retakers that outperformed all industry benchmarks, Studyverse is now taking its technology to tutoring firms nationwide.

    Prynce Karki, CEO of Studyverse

    “We had so many parents come up to us like, ‘Hey, can I get this for my other kid who’s not going into medicine?’” said Prynce Karki, CEO of Studyverse. The edtech startup behind MyMCAT.ai is positioning itself as the infrastructure layer for the tutoring industry, offering what Karki describes as “Palantir for tutoring firms, Duolingo for students.” 

    Originally built to tackle inefficiencies in standardized test prep, Studyverse guided pre-med students through gamified learning experiences with an AI cat named Kalypso, dramatically boosting both engagement and scores. Now, the company is licensing this proven technology to tutoring firms looking to modernize their operations and provide smarter student support, whether in sessions or between them.

    “Most tutors just don’t have the time to understand their students,” said Karki. “But this gives students a learning companion who understands what they’re weak in, which allows tutors to spend their time more efficiently, and helps firms have the insight to deliver on the promises they sell.”

    Prynce graduated from Rice University as a premed and helped dozens of students get into medical school as a tutor and leader within multiple firms. He created the platform to address the frustrations he faced with firms overcharging and underdelivering to the students that need it most. Diagnosed as a child, Karki spent much of his early education battling illness in and out of hospitals. With his family unable to afford private tutors due to medical expenses, he fell behind academically. “I needed something like this growing up,” he said. “So do millions of students across the United States.”

    Pictured: MyMCAT’s digital studyverse to create a gamified immersive experience

    MyMCAT.ai became a proof-of-concept: a gamified AI tutor that not only held students’ attention but also drove statistically significant results. “I spent so much money on a formal post baccalaureate degree and expensive prep course just to fail my MCAT,” Kaya said. “But I succeeded with MyMCAT.ai.” 

    Studyverse’s B2B platform is now onboarding tutoring organizations interested in complementing their tutoring with 24/7 AI-assisted instruction. The company reports active contract discussions and early adoption from firms seeking to upgrade their systems to thrive in an era defined by AI.

    The broader vision, Karki noted, is to evolve humanity by becoming the digital infrastructure for the global tutoring market. “Every student we don’t support is potential we’re all losing: future doctors, innovators, leaders who never get their chance,” he said. “We plan to give every one of these students a tutor that cares.”

    About Studyverse

    Studyverse builds intelligent, gamified tutoring software that enhances student engagement and outcomes. Its flagship product, MyMCAT.ai, helped people who previously did poorly on the MCAT improve scores by an average of 11.2 points – more than triple the national benchmark, which is 3 points for retakers. Now expanding into B2B, Studyverse equips tutoring firms with adaptive AI infrastructure to drive results at scale. Learn more at studyverse.ai.

    Press inquiries

    Studyverse
    https://www.studyverse.ai/
    Anwesha Sharma
    comms@studyverse.ai

    The MIL Network –

  • MIL-OSI: Studyverse Launches AI Tutoring Infrastructure for Firms, Backed by Success in MCAT

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, June 23, 2025 (GLOBE NEWSWIRE) — After proving its AI tutoring platform with impressive MCAT results, averaging 2.9 hours of daily student engagement and an 11.2-point score improvement among retakers that outperformed all industry benchmarks, Studyverse is now taking its technology to tutoring firms nationwide.

    Prynce Karki, CEO of Studyverse

    “We had so many parents come up to us like, ‘Hey, can I get this for my other kid who’s not going into medicine?’” said Prynce Karki, CEO of Studyverse. The edtech startup behind MyMCAT.ai is positioning itself as the infrastructure layer for the tutoring industry, offering what Karki describes as “Palantir for tutoring firms, Duolingo for students.” 

    Originally built to tackle inefficiencies in standardized test prep, Studyverse guided pre-med students through gamified learning experiences with an AI cat named Kalypso, dramatically boosting both engagement and scores. Now, the company is licensing this proven technology to tutoring firms looking to modernize their operations and provide smarter student support, whether in sessions or between them.

    “Most tutors just don’t have the time to understand their students,” said Karki. “But this gives students a learning companion who understands what they’re weak in, which allows tutors to spend their time more efficiently, and helps firms have the insight to deliver on the promises they sell.”

    Prynce graduated from Rice University as a premed and helped dozens of students get into medical school as a tutor and leader within multiple firms. He created the platform to address the frustrations he faced with firms overcharging and underdelivering to the students that need it most. Diagnosed as a child, Karki spent much of his early education battling illness in and out of hospitals. With his family unable to afford private tutors due to medical expenses, he fell behind academically. “I needed something like this growing up,” he said. “So do millions of students across the United States.”

    Pictured: MyMCAT’s digital studyverse to create a gamified immersive experience

    MyMCAT.ai became a proof-of-concept: a gamified AI tutor that not only held students’ attention but also drove statistically significant results. “I spent so much money on a formal post baccalaureate degree and expensive prep course just to fail my MCAT,” Kaya said. “But I succeeded with MyMCAT.ai.” 

    Studyverse’s B2B platform is now onboarding tutoring organizations interested in complementing their tutoring with 24/7 AI-assisted instruction. The company reports active contract discussions and early adoption from firms seeking to upgrade their systems to thrive in an era defined by AI.

    The broader vision, Karki noted, is to evolve humanity by becoming the digital infrastructure for the global tutoring market. “Every student we don’t support is potential we’re all losing: future doctors, innovators, leaders who never get their chance,” he said. “We plan to give every one of these students a tutor that cares.”

    About Studyverse

    Studyverse builds intelligent, gamified tutoring software that enhances student engagement and outcomes. Its flagship product, MyMCAT.ai, helped people who previously did poorly on the MCAT improve scores by an average of 11.2 points – more than triple the national benchmark, which is 3 points for retakers. Now expanding into B2B, Studyverse equips tutoring firms with adaptive AI infrastructure to drive results at scale. Learn more at studyverse.ai.

    Press inquiries

    Studyverse
    https://www.studyverse.ai/
    Anwesha Sharma
    comms@studyverse.ai

    The MIL Network –

  • MIL-OSI: UNpkl Launches AI-Powered Firewall Platform to Simplify Network Control Across Homes and Enterprises

    Source: GlobeNewswire (MIL-OSI)

    Seattle, WA , June 23, 2025 (GLOBE NEWSWIRE) — UNpkl, a privacy-focused startup founded by network security veteran Yogesh Nagarkar, has announced the expansion of its AI-powered firewall platform into the B2B space. Originally launched as a consumer router solution, UNpkl now offers IT teams intuitive, plain-language control over complex firewall policies across distributed networks.

    .

    Yogesh Nagarkar, Founder of UNpkl

    UNpkl’s hardware and software solution replaces traditional routers and firewalls with a WiFi 6 mesh router and companion app, allowing users to issue commands such as “block social media on San Francisco Floor 2 weekdays from 9 to 5.” It supports advanced configurations on Linux-based virtual machines, making it ideal for managing cloud-native infrastructure.

    The platform’s chat-based interface lets users administer firewall policies with simple natural language – no complex UI navigation or command-line expertise required. Whether a business administrator needs to secure remote server access or a parent wants to manage content access at home, UNpkl streamlines the process with precision and ease.

    Designed for non-technical users, UNpkl also includes live traffic visualization, threat analysis, and contextual filtering, transforming obscure networking logs into human-readable insights. With rising cyber threats and increasingly complex IoT environments, the platform provides real-time visibility and precise control over network behavior.

    The new enterprise dashboard, set for public beta this summer, allows administrators to manage global policies across multiple locations with just a few keystrokes. AI-enhanced prompts guide users through safe configuration changes to prevent missteps and ensure network integrity. This constellation-based visualization shows admins a live snapshot of all connected environments – whether a corporate floor in San Francisco or a compute instance in a cloud data center.

    “Network control shouldn’t require a PhD in networking,” said Yogesh Nagarkar, founder and CEO of UNpkl. “Whether you’re a parent trying to block TikTok during homework hours or a CTO securing cloud workloads, we want to make policy enforcement as easy as texting your router.”

    UNpkl devices are currently available on Amazon under the product line “UNpkl ICHI,” with support for scalable mesh configurations and secure routing across both home and enterprise use cases. Early adopters include education institutions, startups, and privacy-conscious tech teams looking to eliminate third-party data leaks and unauthorized marketing trackers.

    About UNpkl

    Founded in 2023 by Yogesh Nagarkar, UNpkl develops human-centric networking tools that combine AI, cybersecurity, and user-friendly design. The company’s flagship product, a live network camera, empowers users to understand and control their WiFi traffic using simple language. UNpkl’s solutions span consumer and B2B markets, with support for local routers, mesh networks, and cloud-based VMs. Learn more at https://unpkl.io/. 

    Press inquiries

    UNpkl
    https://unpkl.io/
    Yogesh Nagarkar
    yogesh@unpkl.com

    The MIL Network –

  • MIL-OSI: Federal Home Loan Banks Publish Comprehensive 2024 Impact Report

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON, June 23, 2025 (GLOBE NEWSWIRE) — The Federal Home Loan Banks (FHLBanks), member-owned cooperatives that power communities, announced today the release of their 2024 Impact Report, highlighting their continued reliability as a liquidity provider and a landmark year of support for housing affordability and community development across the United States. Together, the 11 regional FHLBanks ended the year with more than $737 billion in advances outstanding, nearly $220 billion in outstanding letters of credit, and nearly $70 billion in mortgage loans held. They also committed more than $1.2 billion to housing programs and voluntary initiatives – setting a new high-water mark in the System’s 90+ year history. The Affordable Housing Program alone supported projects representing an estimated $8.9 billion in total development costs in 2024, demonstrating the integral role the FHLBanks play in expanding housing supply and economic opportunity.

    In 2024, the FHLBanks continued to deliver on their mission to provide reliable liquidity to nearly 6,500 financial institution members, while promoting access to safe, affordable housing in urban, suburban, and rural communities alike, transforming capital into community impact.

    “We are proud to be a dependable partner for America’s housing finance system and a critical component of our nation’s economic vitality,” said Ryan Donovan, president and CEO of the Council of Federal Home Loan Banks, the public voice of the FHLBank System. “The results demonstrated by our impact in 2024 reflect our deep-rooted commitment to expanding opportunity through responsible funding, innovative partnerships, and community-led solutions. When local financial institutions thrive, so do the communities they serve, and we provide the stability and strategic support our members depend on to stimulate economic opportunity.”

    Key 2024 Highlights:

    • $737 billion in advances outstanding to member institutions at year-end, ensuring the flow of affordable credit to local economies, especially during times of economic uncertainty.
    • $220 billion in total notional amount of outstanding letters of credit, helping members attract municipal deposits, keeping local funds in the community.
    • $70 billion in mortgage loans held at year-end, with nearly $15 billion in new mortgage loans purchased in 2024, 28% of which assisted low-income families.
    • $752 million in Affordable Housing Program (AHP) funding expensed, enabling the creation or preservation of over 26,000 housing units, 83% of which were multifamily developments.
    • $528 million in voluntary contributions for housing and economic development, including down payment assistance, disaster recovery, and regional capacity-building efforts.
    • Over 14,000 first-time homeowners supported through AHP grants.
    • $9.2 billion in Community Investment Program (CIP) advances for housing outstanding at year-end and $2.4 billion in Community Investment Cash Advances (CICA) for economic development outstanding at year-end, preserving over 12,500 jobs.

    As the housing market continues to evolve, the FHLBanks remain committed to addressing persistent affordability challenges and ensuring that local lenders have the capital and tools needed to serve their communities effectively.

    For an introductory video and to read the full 2024 Impact Report click here.

    About: The FHLBanks are 11 regionally based, wholesale suppliers of lendable funds to financial institutions of all sizes and many types, including community banks, credit unions, commercial and savings banks, insurance companies, and community development financial institutions. The FHLBanks are cooperatively owned by member financial institutions in all 50 states and U.S. territories. The steady supply of lendable funds from FHLBanks helps U.S. lenders invest in local needs including housing, jobs, and economic growth. The Council of FHLBanks represents all 11 FHLBanks.

    CONTACT INFORMATION
    Council of FHLBanks
    Peter E. Garuccio
    202-955-0002 ext. 14
    pgaruccio@cfhlb.org

    The MIL Network –

  • MIL-OSI: Federal Home Loan Banks Publish Comprehensive 2024 Impact Report

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON, June 23, 2025 (GLOBE NEWSWIRE) — The Federal Home Loan Banks (FHLBanks), member-owned cooperatives that power communities, announced today the release of their 2024 Impact Report, highlighting their continued reliability as a liquidity provider and a landmark year of support for housing affordability and community development across the United States. Together, the 11 regional FHLBanks ended the year with more than $737 billion in advances outstanding, nearly $220 billion in outstanding letters of credit, and nearly $70 billion in mortgage loans held. They also committed more than $1.2 billion to housing programs and voluntary initiatives – setting a new high-water mark in the System’s 90+ year history. The Affordable Housing Program alone supported projects representing an estimated $8.9 billion in total development costs in 2024, demonstrating the integral role the FHLBanks play in expanding housing supply and economic opportunity.

    In 2024, the FHLBanks continued to deliver on their mission to provide reliable liquidity to nearly 6,500 financial institution members, while promoting access to safe, affordable housing in urban, suburban, and rural communities alike, transforming capital into community impact.

    “We are proud to be a dependable partner for America’s housing finance system and a critical component of our nation’s economic vitality,” said Ryan Donovan, president and CEO of the Council of Federal Home Loan Banks, the public voice of the FHLBank System. “The results demonstrated by our impact in 2024 reflect our deep-rooted commitment to expanding opportunity through responsible funding, innovative partnerships, and community-led solutions. When local financial institutions thrive, so do the communities they serve, and we provide the stability and strategic support our members depend on to stimulate economic opportunity.”

    Key 2024 Highlights:

    • $737 billion in advances outstanding to member institutions at year-end, ensuring the flow of affordable credit to local economies, especially during times of economic uncertainty.
    • $220 billion in total notional amount of outstanding letters of credit, helping members attract municipal deposits, keeping local funds in the community.
    • $70 billion in mortgage loans held at year-end, with nearly $15 billion in new mortgage loans purchased in 2024, 28% of which assisted low-income families.
    • $752 million in Affordable Housing Program (AHP) funding expensed, enabling the creation or preservation of over 26,000 housing units, 83% of which were multifamily developments.
    • $528 million in voluntary contributions for housing and economic development, including down payment assistance, disaster recovery, and regional capacity-building efforts.
    • Over 14,000 first-time homeowners supported through AHP grants.
    • $9.2 billion in Community Investment Program (CIP) advances for housing outstanding at year-end and $2.4 billion in Community Investment Cash Advances (CICA) for economic development outstanding at year-end, preserving over 12,500 jobs.

    As the housing market continues to evolve, the FHLBanks remain committed to addressing persistent affordability challenges and ensuring that local lenders have the capital and tools needed to serve their communities effectively.

    For an introductory video and to read the full 2024 Impact Report click here.

    About: The FHLBanks are 11 regionally based, wholesale suppliers of lendable funds to financial institutions of all sizes and many types, including community banks, credit unions, commercial and savings banks, insurance companies, and community development financial institutions. The FHLBanks are cooperatively owned by member financial institutions in all 50 states and U.S. territories. The steady supply of lendable funds from FHLBanks helps U.S. lenders invest in local needs including housing, jobs, and economic growth. The Council of FHLBanks represents all 11 FHLBanks.

    CONTACT INFORMATION
    Council of FHLBanks
    Peter E. Garuccio
    202-955-0002 ext. 14
    pgaruccio@cfhlb.org

    The MIL Network –

  • MIL-OSI: A Scorching Start to Summer ’25

    Source: GlobeNewswire (MIL-OSI)

    MISSISSAUGA, Ontario, June 23, 2025 (GLOBE NEWSWIRE) — Alectra Utilities is urging customers to be mindful of their energy consumption to manage summertime electricity bills in response to a prolonged heatwave affecting Southern Ontario. Keeping cool can get costly, but there are ways to conserve electricity in homes and businesses.

    “Our system’s peak demand is climbing daily due to the sustained high temperatures persisting overnight,” stated Jim Butler, Vice President, Centralized Operations, Network Services, Alectra Utilities. “These conditions are increasing electricity demand, particularly in the late afternoons when temperatures peak.”

    As the heatwave intensifies, electricity usage has surged due to air conditioners and cooling systems operating at full capacity. Yesterday, Alectra’s system load peaked at 4,893 megawatts (MW). As of 10:30 a.m. this morning, the system load had already reached 4,855 MW (one MW equals one million watts) and climbing. We anticipate further increases in power consumption as the heatwave continues into Tuesday and Wednesday.

    With extreme heat events becoming more frequent, investing in renewing aging equipment and installing new infrastructure remains crucial to meet the growing grid demand. For more information on Alectra’s capital construction investments, please visit: alectrautilities.com/improving-reliability.

    Alectra Utilities offers the following conservation tips to help reduce electricity consumption and manage summertime electricity bills:

    • Make use of a programmable thermostat to regulate temperature.
    • Use ceiling and portable fans to circulate air.
    • If possible, hang clothes outside instead of using a dryer.
    • Use curtains or blinds to shade windows on hot sunny days.
    • If using an air conditioner, keep doors and windows closed. This is especially important for small retail shops and restaurants with street-level entrances.

    For more information about how you can save energy this summer and avoid higher bills, visit alectrautilities.com/tips-resources.

    About Alectra Utilities

    Serving more than one million homes and businesses in Ontario’s Greater Golden Horseshoe area, Alectra Utilities is now the largest municipally-owned electric utility in Canada, based on the total number of customers served. We contribute to the economic growth and vibrancy of the 17 communities we serve by investing in essential energy infrastructure, delivering a safe and reliable supply of electricity, and providing innovative energy solutions. Our mission is to be an energy ally, helping our customers and the communities we serve to discover the possibilities of tomorrow’s energy future.

    X: https://twitter.com/alectranews

    Facebook: https://www.facebook.com/alectranews/

    Instagram: https://www.instagram.com/alectranews/?hl=en

    LinkedIn: https://www.linkedin.com/company/16178435/admin/

    Bluesky: https://bsky.app/profile/alectranews.bsky.social

    YouTube: https://www.youtube.com/alectranews

    Media Contact

    Ashley Trgachef, Media Spokesperson ashley.trgachef@alectrautilities.com |
    Telephone: 416.402.5469 | 24/7 Media Line: 1-833-MEDIA-LN

    The MIL Network –

  • MIL-OSI: BAY Miner cloud mining launches zero-cost one-click mining of BTC, ETH, XRP and other currencies

    Source: GlobeNewswire (MIL-OSI)

    Seattle, Washington, June 23, 2025 (GLOBE NEWSWIRE) — Against the backdrop of increasing uncertainty in the international situation, global investors are accelerating their turn to blockchain assets as an emerging safe-haven option, and attention to the cryptocurrency market continues to rise. BAY Miner cloud mining has officially launched a cloud mining platform that supports multiple currencies and has zero cost with a low threshold and high efficiency, once again becoming the focus of market attention. Users do not need to buy mining machines or master the technology. Through BAY Miner’s mobile app and web version platform, they can participate in the real-time mining of multiple mainstream cryptocurrencies such as Bitcoin, Dogecoin, Litecoin, etc. with one click.
    BAY Miner cloud mining platform provides one-stop solutions for global users’ questions such as “how to invest in Bitcoin” and “how to make money through cloud mining”. The platform combines green energy with an intelligent computing power management system. Users do not need to configure any hardware. They only need to register to get a $15 trial fee and immediately start mining mainstream cryptocurrencies such as BTC, ETH, XRP, DOGE, LTC, SOL, etc.
    Emily Carter, Head of Marketing at BAY Miner, said: “Our vision is to make digital asset mining more convenient, transparent, and adaptable to market changes. In uncertain times, investors seek more resilient alternatives, and BAY Miner cloud mining allows them to participate in blockchain investment with peace of mind.”

    Advantages and features of cloud mining:
    1. No hardware investment required: Users do not need to buy expensive mining machines or set up mining farms. All computing power comes from remote data centers and is maintained uniformly by the platform.
    2. Zero maintenance cost: No need to worry about electricity bills, equipment aging, noise and heat dissipation. The operation and maintenance work is undertaken by the cloud mining platform, and users focus on revenue management.
    3. Simple operation and novice-friendly: Just register an account, select a contract and pay the fee to start automatic mining. The platform supports multiple currencies, revenue visualization, automatic reinvestment and other functions.
    4. Mobile control anytime, anywhere: The cloud mining platform supports mobile apps, and users can view revenue and adjust strategies in real time through their mobile phones. Supports Android/iOS dual systems.
    5. Flexible contract selection: You can choose computing power packages by day, week, or month, suitable for different budgets and strategies. A variety of cryptocurrencies are available: BTC, ETH, XRP, DOGE, LTC, SOL, etc.
    6. Lower entry threshold: Compared with traditional mining models, cloud mining has low costs and low risks. It is suitable for junior investors or crypto enthusiasts as an experience method.
    7. Available worldwide, in line with the trend of decentralization: no geographical restrictions, only Internet access is required. Users can enjoy the decentralized computing resources of the global blockchain network.
    8. The platform provides registration rewards and referral rebates: registration rewards such as BAY Miner (starting from US$15) lower the threshold for users’ first investment. The promotion system allows users to get commission rewards by inviting friends.
    How to earn cryptocurrency with BAY Miner:
    Complete the registration in a few simple steps
    ·Visit the official website BAY Miner and register an account to automatically receive a $15 trial fee.
    ·Choose the cloud mining contract you want to participate in, such as BTC Free Hashrate Plan, or choose to top up to purchase a high-yield contract
    ·The system automatically distributes income every day, which can be viewed and withdrawn at any time through mobile phones or websites
    ·The promotion system supports users to invite friends and relatives to mine through exclusive invitation codes, and can get up to 5% alliance rewards, increasing additional sources of income.

    Cloud mining is super easy, click to register now

    The table below shows the potential income you can achieve
    BTC [New User Experience Contract]: Investment amount: $100, potential total net profit: $100 + $10
    BTC [Core Contract Plan]: Investment amount: $600, potential total net profit: $600 + $43.2
    DOGE [Core Contract Plan]: Investment amount: $3,000, potential total net profit: $3,000 + $825.3
    BTC [Electricity Contract Plan]: Investment amount: $8,000, potential total net profit: $8,000 + $4340
    BTC[Electricity Contract Plan]: Investment Amount: $30,000, Potential Total Net Profit: $30,000 + $23,220
    Note: Profit estimates depend on network conditions and market volatility.

    Click here for full contract details

    BAY Miner cloud mining is suitable for people:

    • Beginners who want to participate in crypto investment with a low threshold
    • Asset allocators seeking multi-currency passive income opportunities
    • Global users who cannot deploy local mining machines but have income needs
    • Digital finance enthusiasts who want to participate in blockchain through mobile devices

    Market prospects:
    According to market research, cloud mining platforms will become one of the important entry points for cryptocurrency investment in 2025. Especially in the context of rising uncertainty in the macro-political environment, decentralized asset allocation tools are favored by more users. BAY Miner is expanding its service network around the world and continuously optimizing platform stability and revenue structure.
    What is BAY Miner Cloud Mining?
    BAY Miner was founded in 2017 and is committed to building a low-threshold, highly transparent global encrypted cloud mining platform. With users all over the world, it has AI computing power scheduling, multi-currency contract configuration and real-time profit chart functions, suitable for novice users and professional investors to participate.
    Visit the official website: www.bayminer.com
    Email: info@bayminer.com
    Mobile APP: https://bayminer.com/app/download
    Address: Ground Floor, Egerton House, 68 Baker Street, Weybridge, Surrey, United Kingdom, KT13 8AL

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks. There is a possibility of financial loss. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    Attachment

    The MIL Network –

  • MIL-OSI: UPDATE – Rockcliffe Capital Initiates Coverage on Agnico Eagle Mines Ltd. (TSX/NYSE: AEM) with a “Strong Buy” Rating and US$155 Price Target

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 23, 2025 (GLOBE NEWSWIRE) — Rockcliffe Capital is pleased to announce today the initiation of equity research coverage on Agnico Eagle Mines Ltd. (TSX/NYSE: AEM), a premier senior gold mining company with operations spanning Canada, Finland, Australia, Mexico, and the U.S. 

    Following rigorous financial and operational analysis, Rockcliffe Capital assigns Agnico Eagle a “Strong Buy” rating, alongside a 12-month price target of US$155, reflecting strong upside potential of approximately 25% from current market levels.

    “Agnico Eagle has delivered extraordinary operating discipline and record earnings this quarter,” said Felix Gelt, Managing Director of Research at Rockcliffe Capital. “With Q1 net income soaring to US$815 M—up 134% YoY—and free cash flow reaching US$594 M amid near-zero debt, Agnico offers both growth and balance sheet strength in the gold sector.”

    Investment Thesis Highlights:

    • Earnings Powerhouse: Q1 2025 net income rose to US$815 million (US$1.62 EPS), a 134% YoY increase, driven by record operating margins from elevated gold prices.
    • Revenue & Margin Strength: Q1 revenue climbed 34.9% YoY to US$2.468 billion, while all-in sustaining costs (AISC) dropped ~10% to US$1,183/oz, delivering a ~59% margin.
    • Balance Sheet Resilience: Operating cash flow hit US$1.044 billion, free cash flow was US$594 million, enabling net debt to fall to just US$5 million, with cash reserves of US$1.138 billion.
    • Strategic Growth Initiatives: Ongoing capital deployment into high-quality projects like Detour Lake, Upper Beaver, and the O3 Mining acquisition enhances reserve base and future production visibility.
    • Shareholder Returns: Maintains a US$0.40/share quarterly dividend. NCIB buybacks of US$50 million executed in the quarter; the Board plans an expanded NCIB of up to US$1 billion.
    • ESG Leadership: Released its 16th Sustainability Report highlighting best-in-class emissions intensity (0.38 tCO₂e/oz), US$1 billion Indigenous economic commitment, and sector-leading safety.

    Valuation & Target:
    Utilizing a disciplined valuation framework with a projected 2026 EV/EBITDA multiple of ~8× and P/E multiple of ~18×, Rockcliffe Capital derives a 12-month price target of US$155, equivalent to ~US$115/share, indicating ~25% upside from current levels.

    Risk Factors:

    • Gold Price Volatility: A sustained decline in gold prices could compress margins and cash flow.
    • Project Execution: Delays at key sites (e.g., underground transitions, permitting) could affect supply outlook.
    • Macro Factors: A stronger U.S. dollar or higher real interest rates may weigh on gold sector valuations.

    About Rockcliffe Capital Research
    Rockcliffe Capital’s Research Department provides institutional-grade equity research focused on growth-stage companies, public markets, and high-conviction investment themes. Through rigorous analysis, proprietary modeling, and deep sector insights, our research team supports investors, issuers, and strategic partners in identifying value and making informed decisions.

    Our coverage includes detailed valuation frameworks, peer comparisons, financial modeling, and ESG scorecards—delivering the intelligence that drives market leadership.

    Please contact research@rockcliffe.capital for access to our full research suite and initiation reports.

    Media Contact
    Rockcliffe Capital
    Research & Markets Division
    research@rockcliffe.capital
    +1 (416)-642-1967

    This press release is for informational purposes only and does not constitute investment advice. Rockcliffe Capital and its affiliates may hold positions in the securities mentioned.

    The MIL Network –

  • MIL-OSI: UPDATE – Rockcliffe Capital Initiates Coverage on Agnico Eagle Mines Ltd. (TSX/NYSE: AEM) with a “Strong Buy” Rating and US$155 Price Target

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 23, 2025 (GLOBE NEWSWIRE) — Rockcliffe Capital is pleased to announce today the initiation of equity research coverage on Agnico Eagle Mines Ltd. (TSX/NYSE: AEM), a premier senior gold mining company with operations spanning Canada, Finland, Australia, Mexico, and the U.S. 

    Following rigorous financial and operational analysis, Rockcliffe Capital assigns Agnico Eagle a “Strong Buy” rating, alongside a 12-month price target of US$155, reflecting strong upside potential of approximately 25% from current market levels.

    “Agnico Eagle has delivered extraordinary operating discipline and record earnings this quarter,” said Felix Gelt, Managing Director of Research at Rockcliffe Capital. “With Q1 net income soaring to US$815 M—up 134% YoY—and free cash flow reaching US$594 M amid near-zero debt, Agnico offers both growth and balance sheet strength in the gold sector.”

    Investment Thesis Highlights:

    • Earnings Powerhouse: Q1 2025 net income rose to US$815 million (US$1.62 EPS), a 134% YoY increase, driven by record operating margins from elevated gold prices.
    • Revenue & Margin Strength: Q1 revenue climbed 34.9% YoY to US$2.468 billion, while all-in sustaining costs (AISC) dropped ~10% to US$1,183/oz, delivering a ~59% margin.
    • Balance Sheet Resilience: Operating cash flow hit US$1.044 billion, free cash flow was US$594 million, enabling net debt to fall to just US$5 million, with cash reserves of US$1.138 billion.
    • Strategic Growth Initiatives: Ongoing capital deployment into high-quality projects like Detour Lake, Upper Beaver, and the O3 Mining acquisition enhances reserve base and future production visibility.
    • Shareholder Returns: Maintains a US$0.40/share quarterly dividend. NCIB buybacks of US$50 million executed in the quarter; the Board plans an expanded NCIB of up to US$1 billion.
    • ESG Leadership: Released its 16th Sustainability Report highlighting best-in-class emissions intensity (0.38 tCO₂e/oz), US$1 billion Indigenous economic commitment, and sector-leading safety.

    Valuation & Target:
    Utilizing a disciplined valuation framework with a projected 2026 EV/EBITDA multiple of ~8× and P/E multiple of ~18×, Rockcliffe Capital derives a 12-month price target of US$155, equivalent to ~US$115/share, indicating ~25% upside from current levels.

    Risk Factors:

    • Gold Price Volatility: A sustained decline in gold prices could compress margins and cash flow.
    • Project Execution: Delays at key sites (e.g., underground transitions, permitting) could affect supply outlook.
    • Macro Factors: A stronger U.S. dollar or higher real interest rates may weigh on gold sector valuations.

    About Rockcliffe Capital Research
    Rockcliffe Capital’s Research Department provides institutional-grade equity research focused on growth-stage companies, public markets, and high-conviction investment themes. Through rigorous analysis, proprietary modeling, and deep sector insights, our research team supports investors, issuers, and strategic partners in identifying value and making informed decisions.

    Our coverage includes detailed valuation frameworks, peer comparisons, financial modeling, and ESG scorecards—delivering the intelligence that drives market leadership.

    Please contact research@rockcliffe.capital for access to our full research suite and initiation reports.

    Media Contact
    Rockcliffe Capital
    Research & Markets Division
    research@rockcliffe.capital
    +1 (416)-642-1967

    This press release is for informational purposes only and does not constitute investment advice. Rockcliffe Capital and its affiliates may hold positions in the securities mentioned.

    The MIL Network –

  • MIL-OSI: Usbit trading center launches new logo to mark anniversary milestone

    Source: GlobeNewswire (MIL-OSI)

    Denver, CO, June 23, 2025 (GLOBE NEWSWIRE) — Usbit trading center, a global digital asset trading platform, has officially launched its new logo and visual identity to coincide with the anniversary of its founding. The announcement marks a pivotal moment in the company’s growth trajectory, reinforcing its brand values of security, innovation, and global accessibility at a time of accelerated adoption of digital assets worldwide.

    The new logo retains elements of the original brand mark but introduces a sharper, more modern design that symbolizes clarity, stability, and forward momentum. Accompanying the updated logo is a refined visual system, including a revised color palette, typographic standards, and iconography aimed at enhancing brand recognition across markets and platforms.

    The rebranding effort comes as usbit trading center continues to expand its presence across north america, europe, and asia. The updated identity supports this internationalization strategy by offering a unified, scalable brand architecture that can adapt to various digital and physical touchpoints—from trading interfaces and mobile applications to investor education materials and institutional portals.

    “the launch of our new identity is more than just a visual change,” said a usbit trading center spokesperson. “it is a reaffirmation of what usbit trading center stands for: secure infrastructure, transparent operations, and accessible digital finance for all. This milestone aligns with our evolution as a mature and compliant platform that meets the demands of both retail and institutional investors.”

    Since its founding, usbit trading center has prioritized the integration of cutting-edge technologies, user education, and regulatory alignment. Over the past year, the platform introduced reserve mode accounts, expanded support for defi asset access, and accelerated its engagement with us and international regulators.

    The company’s design team collaborated with international branding consultants to ensure the new visual identity communicates stability and trust—key themes for investors seeking reliability in a volatile market. The logo design draws on geometric precision and clean symmetry, reflecting the platform’s technical rigor and operational clarity.

    In parallel with the logo update, usbit trading center has also refreshed its user interface to align with the new design language, offering a cleaner, more intuitive trading experience. Enhanced ui elements include improved accessibility features, dark/light mode support, and responsive design optimized for mobile-first engagement.

    As part of the anniversary celebration, usbit trading center will roll out a series of community engagement events and digital campaigns under the theme “trust the evolution,” aimed at highlighting the company’s journey and future vision. Educational resources, partner interviews, and historical retrospectives will be released throughout the quarter.

    Usbit trading center’s rebranding underscores its positioning as a reliable, compliant, and globally oriented exchange. With renewed visual clarity and strategic consistency, the platform is poised to enter its next phase of development as digital assets move deeper into the global financial mainstream.

    For more information about the brand refresh and anniversary initiatives, visit the official usbit trading center website.

    Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

    The MIL Network –

  • MIL-OSI: Usbit trading center launches new logo to mark anniversary milestone

    Source: GlobeNewswire (MIL-OSI)

    Denver, CO, June 23, 2025 (GLOBE NEWSWIRE) — Usbit trading center, a global digital asset trading platform, has officially launched its new logo and visual identity to coincide with the anniversary of its founding. The announcement marks a pivotal moment in the company’s growth trajectory, reinforcing its brand values of security, innovation, and global accessibility at a time of accelerated adoption of digital assets worldwide.

    The new logo retains elements of the original brand mark but introduces a sharper, more modern design that symbolizes clarity, stability, and forward momentum. Accompanying the updated logo is a refined visual system, including a revised color palette, typographic standards, and iconography aimed at enhancing brand recognition across markets and platforms.

    The rebranding effort comes as usbit trading center continues to expand its presence across north america, europe, and asia. The updated identity supports this internationalization strategy by offering a unified, scalable brand architecture that can adapt to various digital and physical touchpoints—from trading interfaces and mobile applications to investor education materials and institutional portals.

    “the launch of our new identity is more than just a visual change,” said a usbit trading center spokesperson. “it is a reaffirmation of what usbit trading center stands for: secure infrastructure, transparent operations, and accessible digital finance for all. This milestone aligns with our evolution as a mature and compliant platform that meets the demands of both retail and institutional investors.”

    Since its founding, usbit trading center has prioritized the integration of cutting-edge technologies, user education, and regulatory alignment. Over the past year, the platform introduced reserve mode accounts, expanded support for defi asset access, and accelerated its engagement with us and international regulators.

    The company’s design team collaborated with international branding consultants to ensure the new visual identity communicates stability and trust—key themes for investors seeking reliability in a volatile market. The logo design draws on geometric precision and clean symmetry, reflecting the platform’s technical rigor and operational clarity.

    In parallel with the logo update, usbit trading center has also refreshed its user interface to align with the new design language, offering a cleaner, more intuitive trading experience. Enhanced ui elements include improved accessibility features, dark/light mode support, and responsive design optimized for mobile-first engagement.

    As part of the anniversary celebration, usbit trading center will roll out a series of community engagement events and digital campaigns under the theme “trust the evolution,” aimed at highlighting the company’s journey and future vision. Educational resources, partner interviews, and historical retrospectives will be released throughout the quarter.

    Usbit trading center’s rebranding underscores its positioning as a reliable, compliant, and globally oriented exchange. With renewed visual clarity and strategic consistency, the platform is poised to enter its next phase of development as digital assets move deeper into the global financial mainstream.

    For more information about the brand refresh and anniversary initiatives, visit the official usbit trading center website.

    Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

    The MIL Network –

  • MIL-OSI: Credit Agricole Sa: Indosuez Wealth Management plans to acquire the “Wealth Management” clients of the BNP Paribas Group in Monaco

    Source: GlobeNewswire (MIL-OSI)

    Press release

    Monaco / Paris, 23 June 2025

    Indosuez Wealth Management plans to acquire
    the “Wealth Management” clients of the BNP Paribas Group in Monaco

    Indosuez Wealth Management, the wealth management subsidiary of the Crédit Agricole Group, announces that its entity in Monaco, CFM Indosuez, has signed an agreement to acquire the Wealth Management clients of the BNP Paribas Group subsidiary in Monaco.

    This acquisition would enable Indosuez Wealth Management to assert its leading position on the Monegasque market in which it has been present since 1922.

    The BNP Paribas Group’s Wealth Management clients in Monaco will benefit from continuity in the support they receive. They will benefit from the local presence of experts with recognised know-how. They will have access to one of the most comprehensive services on the market, resulting in particular from the universal nature of CFM Indosuez’s offer in the Principality and its position as a leading bank. They will also be able to continue to benefit from an international network, multiple financing capabilities, expertise in corporate finance, fund servicing and management, as well as the solidity of Crédit Agricole, the 9th largest bank in the world.
    This transaction is complemented by a strategic business partnership with the BNP Paribas Group to provide long-term support to its clients with Wealth Management needs in Monaco.

    For Jacques Prost, Chief Executive Officer of Indosuez Wealth Management: “This acquisition would strengthen our position in Monaco with ultra-high net worth clients (UHNW). Indosuez is pursuing its growth strategy in a sector undergoing consolidation and is a major player in wealth management in Europe.”

    Mathieu Ferragut, CEO of CFM Indosuez Wealth Management and Deputy CEO of Indosuez Wealth Management, adds: “We are delighted to welcome the Wealth Management clients of BNP Paribas Group’s Monaco subsidiary. This strengthens our position as Monaco’s leading bank and number one employer. We will work together to make this acquisition a success for both clients and employees.”

    Françoise Puzenat, Head of Monaco at BNP Paribas says: “We are delighted with the agreement reached with CFM Indosuez, a recognised player in the market and with all the assets needed to ensure the best possible continuity of service for our clients and the employees who join them. The sale of the Wealth Management business in Monaco is part of our strategic decision to refocus our local activities on a single platform. BNP Paribas will continue to develop its domestic commercial banking business line in Monaco, which includes corporate banking, private banking and retail banking.”

    The finalisation of the transaction remains subject to the prior approval of the relevant supervisory authorities, and is expected to be completed during the first half of 2026.

    The impact on Crédit Agricole S.A.’s CET1 ratio would be limited.

    ****

    Indosuez Wealth Management contacts

    Indosuez Group: Jenny Sensiau I jenny.sensiau@ca-indosuez.com I +33 7 86 22 15 24

    CFM Indosuez: Magali Jacquet-Lagrèze I mjacquet@cfm-indosuez.mc I +33 6 78 63 38 17

    *****

    About Indosuez Wealth Management

    Indosuez Wealth Management is the global wealth management brand of the Crédit Agricole Group, the world’s 9th largest bank by balance sheet (The Banker 2024).
    For over 150 years, Indosuez Wealth Management has been helping major private clients, families, entrepreneurs and professional investors to manage their private and professional assets. The bank offers a customised approach enabling each of its clients to preserve and develop their wealth in line with their aspirations. Its teams offer a continuum of services and offers that include advisory, financing, investment solutions, fund servicing, and technology and banking solutions.
    Indosuez Wealth Management employs more than 4,500 people in 16 territories around the world: in Europe (Belgium, France, Germany, Italy, Luxembourg, Netherlands, Portugal, Monaco, Spain and Switzerland), Asia-Pacific (Hong Kong SAR, New Caledonia and Singapore), the Middle East (Dubai, Abu Dhabi) and Canada (representative office).
    With €215 billion in client assets at the end of December 2024, Indosuez Wealth Management is one of Europe’s leading wealth management companies.
    Find out more at ca-indosuez.com 

    About CFM Indosuez Wealth Management

    The Indosuez Wealth Management network is embodied in Monaco through CFM Indosuez Wealth Management, the leading bank in the Principality. Its roots go back to 1922, the year it was founded by a number of prominent Monegasque families, some of whom are still shareholders, alongside the majority shareholder (70%), the Crédit Agricole Group.
    With the largest trading room in Monaco and 5 branches in the region, its teams, comprised of nearly 400 highly specialised employees, combine their knowledge of the Principality’s international environment with the vast expertise and opportunities of the international network of Indosuez Wealth Management and the Crédit Agricole Group.
    In addition to Wealth Management, its leading activity, CFM Indosuez Wealth Management serves all clients, whether private, institutional, corporate or professional.
    CFM Indosuez is also the leading bank in Corporate Finance in Monaco.
    In 2024, CFM Indosuez was named best bank in the Principality by international magazine Global Finance for the eighth consecutive year.
    Find us at cfm-indosuez.mc   

    About BNP Paribas in Monaco

    BNP Paribas Wealth Management is a leading global private bank and the largest private bank in the Eurozone with €469 billion in assets under management as of March 2025. Present in 3 regions (Europe, Asia and the Middle East), it employs more than 6,700 professionals who support individuals, entrepreneurs and large families in protecting, growing and passing on their assets. The bank aims to build a sustainable future by combining its expertise and reach with its clients’ influence and desire to make an impact.
    Find us on https://wealthmanagement.bnpparibas/fr.htm

    Attachment

    The MIL Network –

  • MIL-OSI: ASM share buyback update June 16 – 20, 2025

    Source: GlobeNewswire (MIL-OSI)

    Almere, The Netherlands
    June 23, 2025, 5:45 p.m. CET

    ASM International N.V. (Euronext Amsterdam: ASM) reports the following transactions, conducted under ASM’s current share buyback program.

    Date Repurchased shares Average price Repurchased value
    June 18, 2025 215 € 517.52 € 111,267
    June 19, 2025 3,423 € 512.74 € 1,755,120
    June 20, 2025 3,732 € 515.14 € 1,922,520
    Total 7,370 € 514.10 € 3,788,907

    These repurchases were made as part of the €150 million share buyback program which started on April 30, 2025. Of the total program, 28.6% has been repurchased. For further details including individual transaction information please visit: www.asm.com/investors/dividends-share-buybacks.

    About ASM International

    ASM International N.V., headquartered in Almere, the Netherlands, and its subsidiaries design and manufacture equipment and process solutions to produce semiconductor devices for wafer processing, and have facilities in the United States, Europe, and Asia. ASM International’s common stock trades on the Euronext Amsterdam Stock Exchange (symbol: ASM). For more information, visit ASM’s website at www.asm.com.

    This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

    Contact

    Investor and media relations

    Victor Bareño
    T: +31 88 100 8500
    E: investor.relations@asm.com

    Investor relations

    Valentina Fantigrossi
    T: +31 88 100 8502
    E: investor.relations@asm.com

    The MIL Network –

  • MIL-OSI: Coface SA: Coface strengthens its strategic focus on data and innovation, and continues to invest in its Information Services growth

    Source: GlobeNewswire (MIL-OSI)

    Coface strengthens its strategic focus on data and innovation, and continues to invest in its Information Services growth

    Paris, 23 June 2025 – 17.45

    Coface announces the creation of a dedicated technological hub focused on data, connectivity, and product innovation led by Thibault Surer, Group Strategy and Development Director. Thibault Surer will continue to oversee Strategy, Economic research, Marketing, and Mergers & Acquisitions.

    Coface also announces the appointment of Joerg Diewald as Information Services and Partnerships Director to support and accelerate the business development of these two strategic activities.

    These changes will be effective from July 1st, 2025.

    These appointments strengthen Coface’s governance and are perfectly in line with the Group’s strategic focus, notably around data and innovation.

    Xavier Durand, Coface’s Chief Executive Officer, commented:
    “Over the last 12 months, we have made significant progress in Information Services and data. This strengthening of governance is an important step of our continued efforts and will allow us to face up the complexity and scale of the transformation required. These appointments are perfectly in line with the objectives of our strategic plan Power The Core, which aims to reach data and technology excellence and generate a grow profitably Information Services.”

     

    Thibault Surer, Group Strategy and Development Director will lead a dedicated technological hub focused on data, connectivity, and product innovation while continuing to oversee Strategy, Economic research, Marketing, and Mergers & Acquisitions.

    As our investments in data and innovation grow, it is becoming clear that the complexity and scale of the transformations required in these domains deserve greater attention and a strengthened governance. This is the objective behind the creation of the technology hub.

    		   
    Joerg Diewald, appointed as the new Global Head of Information Services and partnerships will focus on the business development of these two strategic activities.

    Before joining Coface, he served as Chief Commercial Officer and Board Member at Solarisbank AG in Berlin, a Fintech company operating in the digital banking industry. Joerg brings more than 30 years of international experience in banking, commercial finance, and risk management.

    Based in Mainz, Germany, Joerg Diewald directly reports to Xavier Durand, Chief Executive Officer of Coface.

    CONTACTS

    ANALYSTS / INVESTORS
    Thomas JACQUET: +33 1 49 02 12 58 – thomas.jacquet@coface.com
    Rina ANDRIAMIADANTSOA: +33 1 49 02 15 85 – rina.andriamiadantsoa@coface.com

    MEDIA RELATIONS
    Saphia GAOUAOUI: +33 1 49 02 14 91 – saphia.gaouaoui@coface.com
    Adrien BILLET: +33 1 49 02 23 63 – adrien.billet@coface.com

    FINANCIAL CALENDAR 2025
    (subject to change)

    H1-2025 results: 31 July 2025 (after market close)
    9M-2025 results: 3 November 2025 (after market close)

    FINANCIAL INFORMATION
    This press release, as well as COFACE SA’s integral regulatory information, can be found on the Group’s website: http://www.coface.com/Investors

    For regulated information on Alternative Performance Measures (APM), please refer to our Interim Financial Report for H1-2024 and our 2024 Universal Registration Document (see part 3.7 “Key financial performance indicators”).

    Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust.
    You can check the authenticity on the website www.wiztrust.com.
     

    COFACE: FOR TRADE
    As a global leading player in trade credit risk management for more than 75 years, Coface helps companies grow and navigate in an uncertain and volatile environment.
    Whatever their size, location or sector, Coface provides 100,000 clients across some 200 markets with a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring.
    Every day, Coface leverages its unique expertise and cutting-edge technology to make trade happen, in both domestic and export markets.
    In 2024, Coface employed ~5,236 people and registered a turnover of €1.84 billion.

    www.coface.com

    COFACE SA is quoted in Compartment A of Euronext Paris
    Code ISIN: FR0010667147 / Ticker: COFA

    DISCLAIMER – Certain declarations featured in this press release may contain forecasts that notably relate to future events, trends, projects or targets. By nature, these forecasts include identified or unidentified risks and uncertainties, and may be affected by many factors likely to give rise to a significant discrepancy between the real results and those stated in these declarations. Please refer to chapter 5 “Main risk factors and their management within the Group” of the Coface Group’s 2024 Universal Registration Document filed with AMF on 5 April 2024 under the number D.25-0227 in order to obtain a description of certain major factors, risks and uncertainties likely to influence the Coface Group’s businesses. The Coface Group disclaims any intention or obligation to publish an update of these forecasts, or provide new information on future events or any other circumstance.

    Attachment

    The MIL Network –

  • MIL-OSI: Coface SA: Coface strengthens its strategic focus on data and innovation, and continues to invest in its Information Services growth

    Source: GlobeNewswire (MIL-OSI)

    Coface strengthens its strategic focus on data and innovation, and continues to invest in its Information Services growth

    Paris, 23 June 2025 – 17.45

    Coface announces the creation of a dedicated technological hub focused on data, connectivity, and product innovation led by Thibault Surer, Group Strategy and Development Director. Thibault Surer will continue to oversee Strategy, Economic research, Marketing, and Mergers & Acquisitions.

    Coface also announces the appointment of Joerg Diewald as Information Services and Partnerships Director to support and accelerate the business development of these two strategic activities.

    These changes will be effective from July 1st, 2025.

    These appointments strengthen Coface’s governance and are perfectly in line with the Group’s strategic focus, notably around data and innovation.

    Xavier Durand, Coface’s Chief Executive Officer, commented:
    “Over the last 12 months, we have made significant progress in Information Services and data. This strengthening of governance is an important step of our continued efforts and will allow us to face up the complexity and scale of the transformation required. These appointments are perfectly in line with the objectives of our strategic plan Power The Core, which aims to reach data and technology excellence and generate a grow profitably Information Services.”

     

    Thibault Surer, Group Strategy and Development Director will lead a dedicated technological hub focused on data, connectivity, and product innovation while continuing to oversee Strategy, Economic research, Marketing, and Mergers & Acquisitions.

    As our investments in data and innovation grow, it is becoming clear that the complexity and scale of the transformations required in these domains deserve greater attention and a strengthened governance. This is the objective behind the creation of the technology hub.

    		   
    Joerg Diewald, appointed as the new Global Head of Information Services and partnerships will focus on the business development of these two strategic activities.

    Before joining Coface, he served as Chief Commercial Officer and Board Member at Solarisbank AG in Berlin, a Fintech company operating in the digital banking industry. Joerg brings more than 30 years of international experience in banking, commercial finance, and risk management.

    Based in Mainz, Germany, Joerg Diewald directly reports to Xavier Durand, Chief Executive Officer of Coface.

    CONTACTS

    ANALYSTS / INVESTORS
    Thomas JACQUET: +33 1 49 02 12 58 – thomas.jacquet@coface.com
    Rina ANDRIAMIADANTSOA: +33 1 49 02 15 85 – rina.andriamiadantsoa@coface.com

    MEDIA RELATIONS
    Saphia GAOUAOUI: +33 1 49 02 14 91 – saphia.gaouaoui@coface.com
    Adrien BILLET: +33 1 49 02 23 63 – adrien.billet@coface.com

    FINANCIAL CALENDAR 2025
    (subject to change)

    H1-2025 results: 31 July 2025 (after market close)
    9M-2025 results: 3 November 2025 (after market close)

    FINANCIAL INFORMATION
    This press release, as well as COFACE SA’s integral regulatory information, can be found on the Group’s website: http://www.coface.com/Investors

    For regulated information on Alternative Performance Measures (APM), please refer to our Interim Financial Report for H1-2024 and our 2024 Universal Registration Document (see part 3.7 “Key financial performance indicators”).

    Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust.
    You can check the authenticity on the website www.wiztrust.com.
     

    COFACE: FOR TRADE
    As a global leading player in trade credit risk management for more than 75 years, Coface helps companies grow and navigate in an uncertain and volatile environment.
    Whatever their size, location or sector, Coface provides 100,000 clients across some 200 markets with a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring.
    Every day, Coface leverages its unique expertise and cutting-edge technology to make trade happen, in both domestic and export markets.
    In 2024, Coface employed ~5,236 people and registered a turnover of €1.84 billion.

    www.coface.com

    COFACE SA is quoted in Compartment A of Euronext Paris
    Code ISIN: FR0010667147 / Ticker: COFA

    DISCLAIMER – Certain declarations featured in this press release may contain forecasts that notably relate to future events, trends, projects or targets. By nature, these forecasts include identified or unidentified risks and uncertainties, and may be affected by many factors likely to give rise to a significant discrepancy between the real results and those stated in these declarations. Please refer to chapter 5 “Main risk factors and their management within the Group” of the Coface Group’s 2024 Universal Registration Document filed with AMF on 5 April 2024 under the number D.25-0227 in order to obtain a description of certain major factors, risks and uncertainties likely to influence the Coface Group’s businesses. The Coface Group disclaims any intention or obligation to publish an update of these forecasts, or provide new information on future events or any other circumstance.

    Attachment

    The MIL Network –

  • MIL-OSI: CFC’s 2024 Key Ratio Trend Analysis Results Highlight Financial Stability and Growth Across Electric Cooperatives

    Source: GlobeNewswire (MIL-OSI)

    DULLES, Va., June 23, 2025 (GLOBE NEWSWIRE) — The National Rural Utilities Cooperative Finance Corporation (CFC) has completed its analysis of the 2024 Key Ratio Trend Analysis (KRTA), an annual report of financial trends among electric distribution cooperatives nationwide.

    Now in its 50th year, the KRTA continues to provide valuable insights into the financial health of the cooperative network. The latest results reaffirm that, amid elevated interest rates and persistent inflation, electric cooperatives maintained stable financial performance and steady consumer growth. Most notably, the 2024 results highlighted continued strong investment in utility plant—reinforcing the sector’s long-term commitment to infrastructure and service reliability.

    “Amid a complex economic environment in 2024, rural electric cooperatives remained focused and adaptable,” CFC Senior Vice President and Chief Corporate Affairs Officer Brad Captain said. “Their performance this year reflects the continued strength of the cooperative business model.”

    Consumer growth held steady in 2024, with nearly 89% of cooperatives reporting increases. Utah, Idaho and Florida were among those states with the highest growth rates. This steady expansion was accompanied by continued investment in utility plant, extending the momentum of sustained infrastructure growth seen in recent years.

    “Cooperatives are making smart, long-term investments to support future growth,” CFC Senior Vice President of Strategic Services Amy Luongo said. “Their focus remains on building stronger systems and serving their communities well.”

    Electricity sales, which had moderated in 2023, rebounded in 2024—reflecting renewed growth in system usage across much of the network.

    Financial ratios in 2024 continued to reflect the underlying strength of the cooperative network. The median equity-to-asset ratio remained solid at 45%, while long-term debt accounted for just under 43% of total assets—illustrating a well-balanced capital structure. Coverage ratios were also healthy, with the median times interest earned ratio at 2.60 and modified debt service coverage at 1.86, signaling strong earnings relative to debt obligations.

    “These indicators underscore the ability of cooperatives to manage capital needs while maintaining financial flexibility and long-term stability,” Luongo said.

    Final KRTA results are based on data submitted by 815 electric distribution cooperatives for the year ending Dec. 31, 2024. CFC calculates 145 financial and operational ratios for each cooperative and provides a report showing the cooperative’s ratios compared with U.S., state and other key consumer group median values. Median reporting minimizes the effect of outliers and offers a more representative picture of overall performance.

    About CFC
    Created and owned by America’s electric cooperative network, the National Rural Utilities Cooperative Finance Corporation (CFC)—a nonprofit finance cooperative with approximately $38 billion in assets—provides unparalleled industry expertise, flexibility and responsiveness to serve the needs of our member-owners. CFC is an equal opportunity provider. Visit us online at www.nrucfc.coop.

    About KRTA
    CFC has published KRTA—an annual report that tracks the median value of 145 financial and operational ratios for participating electric distribution cooperatives over the previous five years—since 1975. Based on data reported by electric distribution cooperatives, KRTA provides electric cooperative CEOs and directors/trustees with a complete picture of their system’s financial performance. In 2023, CFC introduced KRTA Pro, a new online platform that offers a 20-plus year view of KRTA ratios, enabling deeper trend analysis and enhanced access to historical benchmarking.

    Contact:
    Brad Captain
    Corporate Relations Group
    800-424-2954

    The MIL Network –

  • MIL-OSI: CFC’s 2024 Key Ratio Trend Analysis Results Highlight Financial Stability and Growth Across Electric Cooperatives

    Source: GlobeNewswire (MIL-OSI)

    DULLES, Va., June 23, 2025 (GLOBE NEWSWIRE) — The National Rural Utilities Cooperative Finance Corporation (CFC) has completed its analysis of the 2024 Key Ratio Trend Analysis (KRTA), an annual report of financial trends among electric distribution cooperatives nationwide.

    Now in its 50th year, the KRTA continues to provide valuable insights into the financial health of the cooperative network. The latest results reaffirm that, amid elevated interest rates and persistent inflation, electric cooperatives maintained stable financial performance and steady consumer growth. Most notably, the 2024 results highlighted continued strong investment in utility plant—reinforcing the sector’s long-term commitment to infrastructure and service reliability.

    “Amid a complex economic environment in 2024, rural electric cooperatives remained focused and adaptable,” CFC Senior Vice President and Chief Corporate Affairs Officer Brad Captain said. “Their performance this year reflects the continued strength of the cooperative business model.”

    Consumer growth held steady in 2024, with nearly 89% of cooperatives reporting increases. Utah, Idaho and Florida were among those states with the highest growth rates. This steady expansion was accompanied by continued investment in utility plant, extending the momentum of sustained infrastructure growth seen in recent years.

    “Cooperatives are making smart, long-term investments to support future growth,” CFC Senior Vice President of Strategic Services Amy Luongo said. “Their focus remains on building stronger systems and serving their communities well.”

    Electricity sales, which had moderated in 2023, rebounded in 2024—reflecting renewed growth in system usage across much of the network.

    Financial ratios in 2024 continued to reflect the underlying strength of the cooperative network. The median equity-to-asset ratio remained solid at 45%, while long-term debt accounted for just under 43% of total assets—illustrating a well-balanced capital structure. Coverage ratios were also healthy, with the median times interest earned ratio at 2.60 and modified debt service coverage at 1.86, signaling strong earnings relative to debt obligations.

    “These indicators underscore the ability of cooperatives to manage capital needs while maintaining financial flexibility and long-term stability,” Luongo said.

    Final KRTA results are based on data submitted by 815 electric distribution cooperatives for the year ending Dec. 31, 2024. CFC calculates 145 financial and operational ratios for each cooperative and provides a report showing the cooperative’s ratios compared with U.S., state and other key consumer group median values. Median reporting minimizes the effect of outliers and offers a more representative picture of overall performance.

    About CFC
    Created and owned by America’s electric cooperative network, the National Rural Utilities Cooperative Finance Corporation (CFC)—a nonprofit finance cooperative with approximately $38 billion in assets—provides unparalleled industry expertise, flexibility and responsiveness to serve the needs of our member-owners. CFC is an equal opportunity provider. Visit us online at www.nrucfc.coop.

    About KRTA
    CFC has published KRTA—an annual report that tracks the median value of 145 financial and operational ratios for participating electric distribution cooperatives over the previous five years—since 1975. Based on data reported by electric distribution cooperatives, KRTA provides electric cooperative CEOs and directors/trustees with a complete picture of their system’s financial performance. In 2023, CFC introduced KRTA Pro, a new online platform that offers a 20-plus year view of KRTA ratios, enabling deeper trend analysis and enhanced access to historical benchmarking.

    Contact:
    Brad Captain
    Corporate Relations Group
    800-424-2954

    The MIL Network –

  • MIL-OSI: Orange Bank & Trust Promotes Chief Operating Officer, Elizabeth Jones to Executive Vice President

    Source: GlobeNewswire (MIL-OSI)

    MIDDLETOWN, N.Y., June 23, 2025 (GLOBE NEWSWIRE) — Orange Bank & Trust Company (the “Bank”), the banking subsidiary of Orange County Bancorp, Inc. (the “Company” – Nasdaq: OBT), is pleased to announce the promotion of Elizabeth “Liz” Jones, Chief Operating Officer, to Executive Vice President.

    Jones joined Orange Bank & Trust in 2016 as 1st Vice President, Director of Branch and Deposit Operations and was promoted to Director of Operations in 2021. In 2022, she was promoted to Senior Vice President, Chief Operating Officer, following the completion of several significant operational projects, including the oversight of the Bank’s core conversion. With Jones’ commanding work ethic, formidable leadership skills, and a proven ability to strategically address challenges of the highest caliber, Jones stands as a cornerstone of the Bank’s management team.

    “Liz’s well-earned promotion reflects the pivotal role she plays in advancing operational efficiency across the Bank, while also overseeing our Compliance, Bank Secrecy Act, and Facilities Management functions,” said Michael Gilfeather, President and CEO of Orange Bank & Trust Company. “Since joining us more than nine years ago, she has consistently demonstrated exceptional leadership and operational expertise. Her ability to align our unique structure and product offerings with client needs has been instrumental in supporting the Bank’s sustained loan and deposit growth.”

    Jones also serves as Chief of Staff to Gilfeather, helping to drive the Bank’s strategic agenda forward alongside her executive peers. With her strong project management skills, she has been able to effectively deliver on major project milestones and objectives to key stakeholders.

    “I’m incredibly honored to take on the role of Executive Vice President,” said Jones. “It’s been a privilege to grow with Orange Bank & Trust and to work alongside such a dedicated and talented team. I look forward to continuing to drive innovation, operational excellence, and strategic growth as we serve our clients and communities with integrity and purpose.”

    Prior to joining Orange Bank & Trust, Jones worked at Sterling National Bank and its predecessor, Hudson Valley Bank, as Vice President of Sales and Service Administration and Director of Operations, Commercial Banking Group.

    About Orange Bank & Trust Company
    Orange Bank & Trust Company is the Hudson Valley’s premier financial institution focusing on commercial lending, business banking, payment processing and wealth management services. For more than 133 years, Orange Bank & Trust Company has been an economic engine of the community, with more than $2.5 billion in assets and playing a vital role in increasing opportunities for local businesses, creating jobs for generations of residents, spurring region-defining developments, and maximizing investments to neighborhood-serving non-profits. The Bank is regularly recognized as one of New York’s top places to work.

    Contact: Candice Varetoni AVP Marketing Officer
    Cvaretoni@orangebanktrust.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0dbc29a8-7328-47db-8103-cf2d20b5adf8

    The MIL Network –

  • MIL-OSI: Orange Bank & Trust Promotes Chief Operating Officer, Elizabeth Jones to Executive Vice President

    Source: GlobeNewswire (MIL-OSI)

    MIDDLETOWN, N.Y., June 23, 2025 (GLOBE NEWSWIRE) — Orange Bank & Trust Company (the “Bank”), the banking subsidiary of Orange County Bancorp, Inc. (the “Company” – Nasdaq: OBT), is pleased to announce the promotion of Elizabeth “Liz” Jones, Chief Operating Officer, to Executive Vice President.

    Jones joined Orange Bank & Trust in 2016 as 1st Vice President, Director of Branch and Deposit Operations and was promoted to Director of Operations in 2021. In 2022, she was promoted to Senior Vice President, Chief Operating Officer, following the completion of several significant operational projects, including the oversight of the Bank’s core conversion. With Jones’ commanding work ethic, formidable leadership skills, and a proven ability to strategically address challenges of the highest caliber, Jones stands as a cornerstone of the Bank’s management team.

    “Liz’s well-earned promotion reflects the pivotal role she plays in advancing operational efficiency across the Bank, while also overseeing our Compliance, Bank Secrecy Act, and Facilities Management functions,” said Michael Gilfeather, President and CEO of Orange Bank & Trust Company. “Since joining us more than nine years ago, she has consistently demonstrated exceptional leadership and operational expertise. Her ability to align our unique structure and product offerings with client needs has been instrumental in supporting the Bank’s sustained loan and deposit growth.”

    Jones also serves as Chief of Staff to Gilfeather, helping to drive the Bank’s strategic agenda forward alongside her executive peers. With her strong project management skills, she has been able to effectively deliver on major project milestones and objectives to key stakeholders.

    “I’m incredibly honored to take on the role of Executive Vice President,” said Jones. “It’s been a privilege to grow with Orange Bank & Trust and to work alongside such a dedicated and talented team. I look forward to continuing to drive innovation, operational excellence, and strategic growth as we serve our clients and communities with integrity and purpose.”

    Prior to joining Orange Bank & Trust, Jones worked at Sterling National Bank and its predecessor, Hudson Valley Bank, as Vice President of Sales and Service Administration and Director of Operations, Commercial Banking Group.

    About Orange Bank & Trust Company
    Orange Bank & Trust Company is the Hudson Valley’s premier financial institution focusing on commercial lending, business banking, payment processing and wealth management services. For more than 133 years, Orange Bank & Trust Company has been an economic engine of the community, with more than $2.5 billion in assets and playing a vital role in increasing opportunities for local businesses, creating jobs for generations of residents, spurring region-defining developments, and maximizing investments to neighborhood-serving non-profits. The Bank is regularly recognized as one of New York’s top places to work.

    Contact: Candice Varetoni AVP Marketing Officer
    Cvaretoni@orangebanktrust.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0dbc29a8-7328-47db-8103-cf2d20b5adf8

    The MIL Network –