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Category: GlobeNewswire

  • MIL-OSI: TAB Bank CIO Tami Fisher Honored with Utah Business Executive Excellence Award

    Source: GlobeNewswire (MIL-OSI)

    OGDEN, Utah, June 18, 2025 (GLOBE NEWSWIRE) — Tami Fisher, Chief Information Officer at TAB Bank, was named a winner of the Utah Business Executive Excellence Awards for her leadership in driving the bank’s digital transformation and aligning IT strategy with business objectives.

    The Executive Excellence Awards is an annual event celebrating the highest achievements in Utah’s business community. This event highlights members of executive teams for their strategic vision, resilient leadership and profound influence on improving the business landscape and quality of life in the state of Utah.

    Fisher developed and initiated a clear roadmap for the bank’s digital transformation, focusing on operational efficiency, optimizing internal expertise and accelerating innovation to enhance the customer experience. She has prioritized the transition to more modular and flexible services, allowing for faster technology integration and greater adaptability to stay ahead of industry trends and exceed customer expectations.

    “Tami is emblematic of TAB’s vision to build value in all we do through her work at TAB and with her community involvement,” said Austin Strong, CEO of TAB Bank. “Her expertise in leading organizational change and transforming technological infrastructure has made her an effective leader and an indispensable asset. Tami has helped put TAB on a positive technological trajectory to deliver for our clients.”

    Unlike many in the industry, Fisher does not come from a traditional tech background. Her deep knowledge of banking operations and technology management enables her to bridge business and IT—ensuring that tech decisions directly support customer needs and business growth.

    Fisher has partnered with like-minded senior leaders to organize the “Women and Allies at TAB” affinity group, a forum for women at the bank to share experiences, build skills and promote professional growth. She is dedicated to creating an inclusive, supportive environment where employees at all levels can thrive. In addition, she mentors women across the industry through the Silicon Slopes Women in Leadership program, which supports professionals at all stages of their careers.

    Fisher will be featured in the July 2025 issue of Utah Business and honored at an awards luncheon on June 26, 2025, at the University of Utah David Eccles School of Business.

    About TAB Bank
    At TAB Bank, our mission is to unlock dreams with bold financial solutions that empower individuals and businesses nationwide. We are committed to building value in all we do through our innovative banking products. Our dedication drives us to continuously improve, ensuring that we meet the evolving needs of our clients with excellence and agility. For over 25 years, we have remained steadfast in offering tailored, technology-enabled solutions designed to simplify and enhance the banking experience. 

    For more information about how we can help you achieve your financial dreams, visit www.TABBank.com.

    Contact Information:
    Trevor Morris
    Director of Marketing
    801-710-6318
    trevor.morris@tabbank.com

    The MIL Network –

  • MIL-OSI: Renergen’s Phase 2 EPC Contractor Awarded Preferred Bidder Status

    Source: GlobeNewswire (MIL-OSI)

    JOHANNESBURG, June 18, 2025 (GLOBE NEWSWIRE) — Renergen is pleased to announce that preferred bidder status has been awarded to He4u consortium for the design, procurement, delivery, construction and commissioning for phase 2 of the Tetra4 LNG and helium liquefaction project, comprising of, Chart Industries Inc. (NYSE: GTLS), Wilson Bayly Holmes – Ovcon Ltd (JSE: WBO), and Aurex Constructors. The appointment of an acceptable EPC contractor in Phase 2 was one of the two remaining conditions for the DFC Phase 2 loan.

    The award is a key milestone in the project’s progress. The award confirms that Chart Industries’ Helium liquefier and LNG liquefaction technologies have been selected as Tetra4’s preferred technical solution for the implementation of Phase 2 of the Virginia Gas Project. In addition, the award includes multiple local construction and fabrication partners, such as Aurex and WBHO, that are well-versed in executing large projects in South Africa.

    Chart Industries, Inc. is a leading independent global manufacturer of highly engineered equipment servicing multiple market applications in energy and industrial gas. Chart’s unique product portfolio is used throughout the liquid gas supply chain in the production, storage, distribution and end-use of atmospheric, hydrocarbon, and industrial gases. Chart is headquartered in Georgia, the USA, with operations in over 50 countries globally

    WBHO is a multidisciplinary, international construction company. WBHO’s motto, “Rely on Our Ability”, demonstrates the pride they take in providing their clients, big and small, with safety first and quality always. Construction activities, which cover the full spectrum, are divided into four main operating divisions: Building Construction, Civil Engineering, Projects and Roads and Earthwork. WBHO Projects Division undertakes the EPC/Design & Construct and renewable energy projects for the Group. The origins of the present group date back to 1970 and today the group is one of the largest construction companies in Southern Africa and is listed on the Johannesburg Securities Exchange with a Level 1 B-BBEE contributor status.

    Aurex Constructors is an industry-leading multidisciplinary contractor, renowned for its commitment to quality and safety, delivering uncompromised excellence within the energy sector. As a B-BBEE Level 2 contributor with over 40 years of experience, Aurex specialises in Structural, Mechanical, Electrical, Instrumentation and Piping services, providing construction and maintenance solutions to the industrial, power generation and renewable energy industries, including EPC project services specifically for PV energy generation plants. The company has a proven track record of successfully completing large-scale and complex projects, making it a trusted partner in the industry.

    “Chart Industries is pleased to have been selected by Renergen as technology partner for Tetra4’s Helium and LNG liquefaction requirements. We look forward to providing our world-class technologies and engineering solutions at scale to Tetra4 as the company moves toward implementation of the next phase of the Virginia Gas Project.”, said Jillian Evanko, CEO of Chart Industries Inc.

    “We are excited to have such an experienced and technically strong team executing our Phase 2 project on a turnkey basis, and we have every confidence that the skillset they bring to the table and when combined with Worley who will be responsible to manage and oversee the contractors in official capacity as Owners Engineer, reduces the execution risk tremendously on Phase 2. This represents another major milestone, and one of very few remaining towards commencement of construction of Phase 2, said Stefano Marani, CEO of Renergen.

    ASP Isotopes Inc. (NASDAQ: ASPI) announced a firm intention offer to the shareholders of Renergen Limited on 20 May 2025. The transaction is subject to customary closing conditions

    Contacts
    Mandy Stuart
    Email – Mandy@renergen.co.za
    Telephone – +27 84 6067200

    The MIL Network –

  • MIL-OSI: Data Turing Launches to Automate Brand Reputation Using Verifiable Truth

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, CA, June 18, 2025 (GLOBE NEWSWIRE) — Data Turing, a new technology venture, launched today with a first-of-its-kind platform that automatically builds authoritative brand narratives from verifiable data. The company’s pioneering service automates the creation of websites, articles, and white papers directly from authenticated sources, empowering executives, brands, and public figures to establish and control their digital identity with provable accuracy.

    In an era where digital misinformation is rampant, establishing authentic and trustworthy narratives has become a critical challenge for enterprises and public figures. Data Turing directly confronts this problem with a platform designed to ensure that all generated content is rooted in and cited by verifiable facts and real quotes. This creates a powerful tool for executive branding, corporate communications, and reputation management.

    “The foundation of trust is truth. In the digital world, truth is easily manipulated, and narratives are often built on sand,” said Alex Chen, CEO and founder of Data Turing. “We created Data Turing to change that. Our platform provides a foundation of stone, using verifiable data to construct authentic narratives. We are giving control back to leaders and organizations, allowing them to build their digital legacy on a bedrock of provable fact, not fleeting fiction.”

    Key Services of the Data Turing Platform:

    • Verifiable Narrative Generation: Ingests authenticated documents, interviews, and data to construct compelling and accurate brand stories with cited sources.
    • Automated Digital Assets: Generates a full suite of digital assets, including microsites, biographies, and articles, with every claim automatically linked to its source.
    • Executive & Brand Legacy Building: Provides a strategic tool for public figures and brands to proactively define their legacy, ensuring it is preserved accurately for the future.
    • Secure & Immutable Data Vault: Utilizes a cryptographically secured infrastructure to ensure the integrity of all source data.
    • Transparent Reputation Management: Equips communications teams with a system to manage brand reputation using content that is inherently trustworthy and transparent.

    Data Turing is already working with a select group of enterprise clients and public figures, who are using the platform to streamline content production for their owned media channels and enhance brand trust through radical transparency. A client digital legacy project powered by the Data Turing platform can be seen at https://jaredisaacmanquotes.com.

    About Data Turing

    Data Turing is a San Francisco-based technology company with a mission to preserve truth in the digital age. The company’s platform enables enterprises, executives, and public figures to generate authoritative brand narratives from verifiable data, fighting misinformation and building lasting digital legacies.

    Media Contact

    Brand: Data Turing, Inc.

    Contact: Jessica Miller, Director of Communications

    Email: media@dataturing.com

    Website: https://dataturing.com

    The MIL Network –

  • MIL-OSI: Davidson Kempner Capital Management LP : Form 8.3 – Spectris PLC

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: Davidson Kempner Capital Management LP
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		  
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 Spectris PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 17/06/2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 No

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 5p ordinary
    (ISIN -GB0003308607)
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled:        
    (2)   Cash-settled derivatives: 1,096,773 1.1%    
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        

            TOTAL:

    		 1,096,773 1.1%    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    5p Ordinary CFD Increasing a long position 22,290 GBP 33.2195
    5p Ordinary CFD Increasing a long position 182,809 GBP 33.2692
    5p Ordinary CFD Increasing a long position 50,000 GBP 33.3229

            
    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    None

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    None

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 18/06/2025
    Contact name: Alex McMillan
    Telephone number: 646 282 5805

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: Eureka Acquisition Corp Announces Postponement of the Extraordinary General Meeting to June 25, 2025 and Extension of Redemption Request Deadline

    Source: GlobeNewswire (MIL-OSI)

    New York, June 18, 2025 (GLOBE NEWSWIRE) — Eureka Acquisition Corp (the “Company”) (Nasdaq: EURK), a blank check company, today announced that its previously announced extraordinary general meeting in lieu of an annual general meeting of shareholders (the “Extraordinary General Meeting”) will be postponed from 9:00 a.m. Eastern Time on June 20, 2025 to 9:00 a.m. Eastern Time on June 25, 2025 (the “Postponement”) to allow the Company additional time to engage with shareholders. 

    The Extraordinary General Meeting is to be held for the purpose of considering and voting on, among other proposals, a proposal to amend the Company’s current charter to provide that the Company has until July 3, 2025 to complete a business combination and may elect to extend up to twelve times, each by a one-month extension, for a total of up to twelve months to July 3, 2026.

    The record date for determining the Company shareholders entitled to receive notice of and to vote at the Extraordinary General Meeting remains the close of business on May 23, 2025 (the “Record Date”). Shareholders as of the Record Date can vote, even if they have subsequently sold their shares. Shareholders who have previously submitted their proxies or otherwise voted and who do not want to change their vote need not to take any action. Shareholders who have not yet done so are encouraged to vote as soon as possible.

    As a result of the Postponement, the previously disclosed deadline of June 17, 2025 (two business days before the Extraordinary General Meeting, as originally scheduled) for delivery of redemption requests from the Company’s shareholders to the Company’s transfer agent has been extended to June 23, 2025 (two business days before the postponed Extraordinary General Meeting). Shareholders who wish to withdraw their previously submitted redemption request may do so prior to the postponed Extraordinary General Meeting by requesting that the Company’s transfer agent return such shares by 5:00 p.m. Eastern Time on June 23, 2025.

    There is no change to the location, the record date, or any of the other proposals to be acted upon at the Extraordinary General Meeting.

    If you have questions regarding the certification of your position or delivery of your shares, please contact:

    Continental Stock Transfer & Trust Company
    1 State Street 30th Floor
    New York, NY 10004-1561
    E-mail: spacredemptions@continentalstock.com

    The Company’s shareholders who have questions regarding the Postponement, the Extraordinary General Meeting, or would like to request documents may contact the Company’s proxy solicitor, Advantage Proxy, Inc., at (877) 870-8565, or banks and brokers can call (206) 870-8565, or by email at ksmith@advantageproxy.com.

    About Eureka Acquisition Corp

    Eureka Acquisition Corp is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, incorporated for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

    Forward-Looking Statements

    This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Certain of these forward-looking statements can be identified by the use of words such as “believes,” “expects,” “intends,” “plans,” “estimates,” “assumes,” “may,” “should,” “will,” “seeks,” or other similar expressions. Such statements may include, but are not limited to, statements regarding the date of the Extraordinary General Meeting and the redemption request deadline. These statements are based on current expectations on the date of this press release and involve a number of risks and uncertainties that may cause actual results to differ significantly. The Company does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.

    Additional Information and Where to Find It

    On June 3, 2025, the Company filed a definitive proxy statement with the Securities and Exchange Commission (the “SEC”) in connection with its solicitation of proxies for the Extraordinary General Meeting. The Company will amend and supplement the definitive proxy statement to provide information about the Postponement and the redemption request deadline. INVESTORS AND SECURITY HOLDERS OF THE COMPANY ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND OTHER DOCUMENTS THE COMPANY FILES WITH THE SEC CAREFULLY IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE AS THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders will be able to obtain free copies of the definitive proxy statement (including any amendments or supplements thereto) and other documents filed with the SEC through the web site maintained by the SEC at www.sec.gov or by contacting the Company’s proxy solicitor.

    Participants in the Solicitation

    The Company and its respective directors and officers may be deemed to be participants in the solicitation of proxies from shareholders in connection with the Extraordinary General Meeting. Additional information regarding the identity of these potential participants and their direct or indirect interests, by security holdings or otherwise, is set forth in the definitive proxy statement. You may obtain free copies of these documents using the sources indicated above.

    Contact Information:
    Fen Zhang
    Chairman and Chief Executive Officer
    Email: eric.zhang@hercules.global
    Tel: +86 135 0189 0555

    The MIL Network –

  • MIL-OSI: Eureka Acquisition Corp Announces Postponement of the Extraordinary General Meeting to June 25, 2025 and Extension of Redemption Request Deadline

    Source: GlobeNewswire (MIL-OSI)

    New York, June 18, 2025 (GLOBE NEWSWIRE) — Eureka Acquisition Corp (the “Company”) (Nasdaq: EURK), a blank check company, today announced that its previously announced extraordinary general meeting in lieu of an annual general meeting of shareholders (the “Extraordinary General Meeting”) will be postponed from 9:00 a.m. Eastern Time on June 20, 2025 to 9:00 a.m. Eastern Time on June 25, 2025 (the “Postponement”) to allow the Company additional time to engage with shareholders. 

    The Extraordinary General Meeting is to be held for the purpose of considering and voting on, among other proposals, a proposal to amend the Company’s current charter to provide that the Company has until July 3, 2025 to complete a business combination and may elect to extend up to twelve times, each by a one-month extension, for a total of up to twelve months to July 3, 2026.

    The record date for determining the Company shareholders entitled to receive notice of and to vote at the Extraordinary General Meeting remains the close of business on May 23, 2025 (the “Record Date”). Shareholders as of the Record Date can vote, even if they have subsequently sold their shares. Shareholders who have previously submitted their proxies or otherwise voted and who do not want to change their vote need not to take any action. Shareholders who have not yet done so are encouraged to vote as soon as possible.

    As a result of the Postponement, the previously disclosed deadline of June 17, 2025 (two business days before the Extraordinary General Meeting, as originally scheduled) for delivery of redemption requests from the Company’s shareholders to the Company’s transfer agent has been extended to June 23, 2025 (two business days before the postponed Extraordinary General Meeting). Shareholders who wish to withdraw their previously submitted redemption request may do so prior to the postponed Extraordinary General Meeting by requesting that the Company’s transfer agent return such shares by 5:00 p.m. Eastern Time on June 23, 2025.

    There is no change to the location, the record date, or any of the other proposals to be acted upon at the Extraordinary General Meeting.

    If you have questions regarding the certification of your position or delivery of your shares, please contact:

    Continental Stock Transfer & Trust Company
    1 State Street 30th Floor
    New York, NY 10004-1561
    E-mail: spacredemptions@continentalstock.com

    The Company’s shareholders who have questions regarding the Postponement, the Extraordinary General Meeting, or would like to request documents may contact the Company’s proxy solicitor, Advantage Proxy, Inc., at (877) 870-8565, or banks and brokers can call (206) 870-8565, or by email at ksmith@advantageproxy.com.

    About Eureka Acquisition Corp

    Eureka Acquisition Corp is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, incorporated for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

    Forward-Looking Statements

    This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Certain of these forward-looking statements can be identified by the use of words such as “believes,” “expects,” “intends,” “plans,” “estimates,” “assumes,” “may,” “should,” “will,” “seeks,” or other similar expressions. Such statements may include, but are not limited to, statements regarding the date of the Extraordinary General Meeting and the redemption request deadline. These statements are based on current expectations on the date of this press release and involve a number of risks and uncertainties that may cause actual results to differ significantly. The Company does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.

    Additional Information and Where to Find It

    On June 3, 2025, the Company filed a definitive proxy statement with the Securities and Exchange Commission (the “SEC”) in connection with its solicitation of proxies for the Extraordinary General Meeting. The Company will amend and supplement the definitive proxy statement to provide information about the Postponement and the redemption request deadline. INVESTORS AND SECURITY HOLDERS OF THE COMPANY ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND OTHER DOCUMENTS THE COMPANY FILES WITH THE SEC CAREFULLY IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE AS THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders will be able to obtain free copies of the definitive proxy statement (including any amendments or supplements thereto) and other documents filed with the SEC through the web site maintained by the SEC at www.sec.gov or by contacting the Company’s proxy solicitor.

    Participants in the Solicitation

    The Company and its respective directors and officers may be deemed to be participants in the solicitation of proxies from shareholders in connection with the Extraordinary General Meeting. Additional information regarding the identity of these potential participants and their direct or indirect interests, by security holdings or otherwise, is set forth in the definitive proxy statement. You may obtain free copies of these documents using the sources indicated above.

    Contact Information:
    Fen Zhang
    Chairman and Chief Executive Officer
    Email: eric.zhang@hercules.global
    Tel: +86 135 0189 0555

    The MIL Network –

  • MIL-OSI: BOS Secures $1.1 Million Order from New Customer

    Source: GlobeNewswire (MIL-OSI)

    RISHON LE ZION, Israel, June 18, 2025 (GLOBE NEWSWIRE) — BOS Better Online Solutions Ltd. (“BOS” or the “Company”) (NASDAQ: BOSC), a leading integrator of supply chain technologies, announced today that its Supply Chain division has secured a $1.1 million order from a new Israeli customer, with delivery scheduled for the third quarter of 2025.

    Avidan Zelicovsky, BOS President, stated: “Gaining this new customer highlights the strength of our Supply Chain Division in integrating franchised electromechanical components into the products of leading defense and high-tech companies. Our engineering team collaborates closely with our customers’ R&D departments to ensure seamless integration into their innovative products, supporting long-term revenue growth for us as these products move into production.”

    Gadi Feit, VP Design-in Engineering of the Supply Chain division, added: “This order is from a new Israeli customer that provides proprietary communications products, primarily for defense applications. Given the extended design cycles typical in this sector, we anticipate continued orders from this customer, as long as our franchised components remain an integral part of their products.”

    About BOS Better Online Solutions Ltd.

    BOS integrates cutting-edge technologies to streamline and enhance supply chain operations for global customers in the aerospace, defense, industrial and retail sectors. The Company operates three specialized divisions:

    • Intelligent Robotics Division: Automates industrial and logistics inventory processes through advanced robotics technologies, improving efficiency and precision.

    • RFID Division: Optimizes inventory management with state-of-the-art solutions for marking and tracking, ensuring real-time visibility and control.

    • Supply Chain Division: Integrates franchised components directly into customer products, meeting their evolving needs for developing innovative solutions.

    For more information on BOS Better Online Solutions Ltd., visit www.boscom.com.

    Contact Information

    For additional information, contact:

    Matt Kreps, Managing Director
    Darrow Associates
    +1-214-597-8200
    mkreps@darrowir.com

    Eyal Cohen, CEO
    +972-542525925
    eyalc@boscom.com

    Safe Harbor Regarding Forward-Looking Statements

    The forward-looking statements contained herein reflect management’s current views with respect to future events and financial performance. These forward-looking statements are subject to certain risks and uncertainties that could cause the actual results to differ materially from those in the forward-looking statements, all of which are difficult to predict and many of which are beyond the control of BOS. These risk factors and uncertainties include, amongst others, the dependency of sales being generated from one or few major customers, the uncertainty of BOS being able to maintain current gross profit margins, inability to keep up or ahead of technology and to succeed in a highly competitive industry, inability to maintain marketing and distribution arrangements and to expand our overseas markets, uncertainty with respect to the prospects of legal claims against BOS, the effect of exchange rate fluctuations, general worldwide economic conditions, the effect of the war against the Islamic Republic of Iran, Hamas and other parties in the region, the continued availability of financing for working capital purposes and to refinance outstanding indebtedness; and additional risks and uncertainties detailed in BOS’ periodic reports and registration statements filed with the US Securities and Exchange Commission. BOS undertakes no obligation to publicly update or revise any such forward-looking statements to reflect any change in its expectations or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.

    The MIL Network –

  • MIL-OSI: BOS Secures $1.1 Million Order from New Customer

    Source: GlobeNewswire (MIL-OSI)

    RISHON LE ZION, Israel, June 18, 2025 (GLOBE NEWSWIRE) — BOS Better Online Solutions Ltd. (“BOS” or the “Company”) (NASDAQ: BOSC), a leading integrator of supply chain technologies, announced today that its Supply Chain division has secured a $1.1 million order from a new Israeli customer, with delivery scheduled for the third quarter of 2025.

    Avidan Zelicovsky, BOS President, stated: “Gaining this new customer highlights the strength of our Supply Chain Division in integrating franchised electromechanical components into the products of leading defense and high-tech companies. Our engineering team collaborates closely with our customers’ R&D departments to ensure seamless integration into their innovative products, supporting long-term revenue growth for us as these products move into production.”

    Gadi Feit, VP Design-in Engineering of the Supply Chain division, added: “This order is from a new Israeli customer that provides proprietary communications products, primarily for defense applications. Given the extended design cycles typical in this sector, we anticipate continued orders from this customer, as long as our franchised components remain an integral part of their products.”

    About BOS Better Online Solutions Ltd.

    BOS integrates cutting-edge technologies to streamline and enhance supply chain operations for global customers in the aerospace, defense, industrial and retail sectors. The Company operates three specialized divisions:

    • Intelligent Robotics Division: Automates industrial and logistics inventory processes through advanced robotics technologies, improving efficiency and precision.

    • RFID Division: Optimizes inventory management with state-of-the-art solutions for marking and tracking, ensuring real-time visibility and control.

    • Supply Chain Division: Integrates franchised components directly into customer products, meeting their evolving needs for developing innovative solutions.

    For more information on BOS Better Online Solutions Ltd., visit www.boscom.com.

    Contact Information

    For additional information, contact:

    Matt Kreps, Managing Director
    Darrow Associates
    +1-214-597-8200
    mkreps@darrowir.com

    Eyal Cohen, CEO
    +972-542525925
    eyalc@boscom.com

    Safe Harbor Regarding Forward-Looking Statements

    The forward-looking statements contained herein reflect management’s current views with respect to future events and financial performance. These forward-looking statements are subject to certain risks and uncertainties that could cause the actual results to differ materially from those in the forward-looking statements, all of which are difficult to predict and many of which are beyond the control of BOS. These risk factors and uncertainties include, amongst others, the dependency of sales being generated from one or few major customers, the uncertainty of BOS being able to maintain current gross profit margins, inability to keep up or ahead of technology and to succeed in a highly competitive industry, inability to maintain marketing and distribution arrangements and to expand our overseas markets, uncertainty with respect to the prospects of legal claims against BOS, the effect of exchange rate fluctuations, general worldwide economic conditions, the effect of the war against the Islamic Republic of Iran, Hamas and other parties in the region, the continued availability of financing for working capital purposes and to refinance outstanding indebtedness; and additional risks and uncertainties detailed in BOS’ periodic reports and registration statements filed with the US Securities and Exchange Commission. BOS undertakes no obligation to publicly update or revise any such forward-looking statements to reflect any change in its expectations or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.

    The MIL Network –

  • MIL-OSI: Fintech and Global Growth in Focus as Russia National Centre Hosts Key Session at SPIEF 2025

    Source: GlobeNewswire (MIL-OSI)

    MOSCOW, RUSSIA, June 18, 2025 (GLOBE NEWSWIRE) — The St. Petersburg International Economic Forum (SPIEF) 2025 opened in St. Petersburg on June 18 with a high-level session hosted by the Russia National Centre, highlighting fintech innovation and strategies for global economic growth.

    The forum’s business program opened on June 18 with the session “Shaping a New Platform for Global Growth,” where the final report on the results of the International Open Dialogue of the Russia National Centre was presented. The discussion focused on key challenges of modernity: economic and political fragmentation, demographic shifts, the implementation of breakthrough technologies, and the growing social and technological gap within and between states.

    The CEO of Tanssi Foundation, Tiago Rudiger (Brazil), emphasised that the real fintech revolution is happening in Global South countries.

    “Forget Wall Street – the fintech revolution is happening in Global South countries. Thanks to blockchain, money and assets are becoming programmable, and combined with artificial intelligence, this provides a powerful impulse for transforming the entire financial sector. Fintech is changing the game’s rules, affecting traditional banks and opening new opportunities for millions of people,” believes Tiago Rudiger.

    He noted that Brazil and Russia are sharing their experiences in these areas with each other.

    “I read that this will help people reduce transaction costs in global financial markets. I’m ready to discuss this with enthusiasm. I look forward to when these processes arrive in Brazil and worldwide,” emphasised Tiago Rudiger.

    Maxim Oreshkin, Deputy Chief of Staff of the Presidential Administration of the Russian Federation, moderated the session. He emphasised that this year, the St. Petersburg International Economic Forum is taking place against turbulent world events.

    “This year, the St. Petersburg International Economic Forum is taking place against turbulent world events. This includes the situation in the Middle East and trade wars. Much time will be devoted to this current agenda at the forum. We must not forget which long-term trends and challenges are basic and defining. It is important to conduct an open dialogue about how we build the world of the future and how to form a new platform for global growth. In which countries does this global growth occur, on which technologies will it be built, and on which principles and cultural code? Our task is to ensure that forward movement benefits people in all countries that, like Russia, are working on the future. It is through open dialogue that our future and its understanding are built,” emphasised Maxim Oreshkin.

    At the session organised by the Russia National Centre, speakers also discussed the report on the results of the Open Dialogue prepared by the Centre for Cross-Industry Expertise “Third Rome.” The session took place in sequential discussions, in which speakers discussed economics, technologies, and people in a rapidly changing world.

    The results of the session “Shaping a New Platform for Global Growth” became the foundation for the subsequent business program of SPIEF-2025. The recording of the session can be viewed on the Russia National Centre website.

    Media contact

    Brand: Russia National Centre

    Contact person name: Vadim Samodurov

    E-mail: info@russia.ru

    Website: https://future.russia.ru

    The MIL Network –

  • MIL-OSI: Fintech and Global Growth in Focus as Russia National Centre Hosts Key Session at SPIEF 2025

    Source: GlobeNewswire (MIL-OSI)

    MOSCOW, RUSSIA, June 18, 2025 (GLOBE NEWSWIRE) — The St. Petersburg International Economic Forum (SPIEF) 2025 opened in St. Petersburg on June 18 with a high-level session hosted by the Russia National Centre, highlighting fintech innovation and strategies for global economic growth.

    The forum’s business program opened on June 18 with the session “Shaping a New Platform for Global Growth,” where the final report on the results of the International Open Dialogue of the Russia National Centre was presented. The discussion focused on key challenges of modernity: economic and political fragmentation, demographic shifts, the implementation of breakthrough technologies, and the growing social and technological gap within and between states.

    The CEO of Tanssi Foundation, Tiago Rudiger (Brazil), emphasised that the real fintech revolution is happening in Global South countries.

    “Forget Wall Street – the fintech revolution is happening in Global South countries. Thanks to blockchain, money and assets are becoming programmable, and combined with artificial intelligence, this provides a powerful impulse for transforming the entire financial sector. Fintech is changing the game’s rules, affecting traditional banks and opening new opportunities for millions of people,” believes Tiago Rudiger.

    He noted that Brazil and Russia are sharing their experiences in these areas with each other.

    “I read that this will help people reduce transaction costs in global financial markets. I’m ready to discuss this with enthusiasm. I look forward to when these processes arrive in Brazil and worldwide,” emphasised Tiago Rudiger.

    Maxim Oreshkin, Deputy Chief of Staff of the Presidential Administration of the Russian Federation, moderated the session. He emphasised that this year, the St. Petersburg International Economic Forum is taking place against turbulent world events.

    “This year, the St. Petersburg International Economic Forum is taking place against turbulent world events. This includes the situation in the Middle East and trade wars. Much time will be devoted to this current agenda at the forum. We must not forget which long-term trends and challenges are basic and defining. It is important to conduct an open dialogue about how we build the world of the future and how to form a new platform for global growth. In which countries does this global growth occur, on which technologies will it be built, and on which principles and cultural code? Our task is to ensure that forward movement benefits people in all countries that, like Russia, are working on the future. It is through open dialogue that our future and its understanding are built,” emphasised Maxim Oreshkin.

    At the session organised by the Russia National Centre, speakers also discussed the report on the results of the Open Dialogue prepared by the Centre for Cross-Industry Expertise “Third Rome.” The session took place in sequential discussions, in which speakers discussed economics, technologies, and people in a rapidly changing world.

    The results of the session “Shaping a New Platform for Global Growth” became the foundation for the subsequent business program of SPIEF-2025. The recording of the session can be viewed on the Russia National Centre website.

    Media contact

    Brand: Russia National Centre

    Contact person name: Vadim Samodurov

    E-mail: info@russia.ru

    Website: https://future.russia.ru

    The MIL Network –

  • MIL-OSI: Research project VERDAS completed –  Terranet part of the work for safer traffic

    Source: GlobeNewswire (MIL-OSI)

    After a year, the research project VERDAS has now been completed – 
    a collaboration led by AstaZero, a subsidiary of RISE, and carried out together with Terranet, If Insurance, Folksam, the Swedish Transport Administration, Volvo Cars, Toyota, Zenseact, Aptiv, and Viscando. The project was funded by Vinnova, Sweden’s innovation agency, and aimed to develop new physical and virtual verification methods for more robust driver assistance systems (ADAS), with a particular focus on accident scenarios involving vulnerable road users.

    The project has been carried out in close dialogue with Euro NCAP and has taken important steps to improve how future driver assistance systems are tested and evaluated. The work shows that today’s test methods do not always capture accident scenarios that occur in real traffic – especially when pedestrians are involved. To ensure that the systems function in these situations, new test methods need to be developed to better reflect these types of accidents.

    Euro NCAP will introduce new test methods for robust ADAS functionality in Euro NCAP 2026. The VERDAS project has contributed by proposing test scenarios that include both infrastructure elements and interactions with other road users.

    Examples of highlighted test scenarios include:

    • Pedestrians stepping out from between parked cars
    • Pedestrians stepping out from behind another pedestrian
    • Pedestrians stepping out from behind traffic light poles

    Scenarios that may seem simple – but place high demands on the technology’s ability to detect and predict movement in a dynamic and often complex environment.

    “We are proud that VERDAS has contributed to Euro NCAP 2026 with robustness test scenarios based on real-world accident data. By placing higher demands on future driver assistance systems, these scenarios help drive development toward safer traffic environments – and, ultimately, fewer pedestrians killed or seriously injured,” says Mats Petersson, Project Manager for VERDAS at AstaZero and Senior Product Manager at Terranet.

    The closing event at RISE Proving Ground AstaZero brought together representatives from all participating parties, as well as Euro NCAP and Vinnova. Presentations were given by AstaZero, Euro NCAP, and the project group. Participants were given insights into the project methodology, implementation, and results from the past year. The event concluded with a forward-looking perspective on the next step – the newly launched follow-up project VERDAS 2, in which Terranet is participating.

    For more information, please contact:
    Lars Lindell, CEO
    E-mail: lars.lindell@terranet.se

    About Terranet AB (publ)
    Terranet’s mission is to save lives in urban traffic. We develop groundbreaking technology solutions for advanced driver assistance systems (ADAS) and autonomous vehicles, with a focus on protecting vulnerable road users from injury. Using a unique and patented sensor technology, Terranet’s system BlincVision scans the road with laser precision – detecting objects up to ten times faster and with greater accuracy than any other ADAS solution on the market today.

    Terranet is headquartered in Lund, Sweden, with additional operations in Gothenburg and Stuttgart – at the heart of the European automotive industry. Since 2017, the company has been listed on Nasdaq First North Premier Growth Market (Nasdaq: TERRNT-B). Visit us at www.terranet.se

    Attachment

    The MIL Network –

  • MIL-OSI: Research project VERDAS completed –  Terranet part of the work for safer traffic

    Source: GlobeNewswire (MIL-OSI)

    After a year, the research project VERDAS has now been completed – 
    a collaboration led by AstaZero, a subsidiary of RISE, and carried out together with Terranet, If Insurance, Folksam, the Swedish Transport Administration, Volvo Cars, Toyota, Zenseact, Aptiv, and Viscando. The project was funded by Vinnova, Sweden’s innovation agency, and aimed to develop new physical and virtual verification methods for more robust driver assistance systems (ADAS), with a particular focus on accident scenarios involving vulnerable road users.

    The project has been carried out in close dialogue with Euro NCAP and has taken important steps to improve how future driver assistance systems are tested and evaluated. The work shows that today’s test methods do not always capture accident scenarios that occur in real traffic – especially when pedestrians are involved. To ensure that the systems function in these situations, new test methods need to be developed to better reflect these types of accidents.

    Euro NCAP will introduce new test methods for robust ADAS functionality in Euro NCAP 2026. The VERDAS project has contributed by proposing test scenarios that include both infrastructure elements and interactions with other road users.

    Examples of highlighted test scenarios include:

    • Pedestrians stepping out from between parked cars
    • Pedestrians stepping out from behind another pedestrian
    • Pedestrians stepping out from behind traffic light poles

    Scenarios that may seem simple – but place high demands on the technology’s ability to detect and predict movement in a dynamic and often complex environment.

    “We are proud that VERDAS has contributed to Euro NCAP 2026 with robustness test scenarios based on real-world accident data. By placing higher demands on future driver assistance systems, these scenarios help drive development toward safer traffic environments – and, ultimately, fewer pedestrians killed or seriously injured,” says Mats Petersson, Project Manager for VERDAS at AstaZero and Senior Product Manager at Terranet.

    The closing event at RISE Proving Ground AstaZero brought together representatives from all participating parties, as well as Euro NCAP and Vinnova. Presentations were given by AstaZero, Euro NCAP, and the project group. Participants were given insights into the project methodology, implementation, and results from the past year. The event concluded with a forward-looking perspective on the next step – the newly launched follow-up project VERDAS 2, in which Terranet is participating.

    For more information, please contact:
    Lars Lindell, CEO
    E-mail: lars.lindell@terranet.se

    About Terranet AB (publ)
    Terranet’s mission is to save lives in urban traffic. We develop groundbreaking technology solutions for advanced driver assistance systems (ADAS) and autonomous vehicles, with a focus on protecting vulnerable road users from injury. Using a unique and patented sensor technology, Terranet’s system BlincVision scans the road with laser precision – detecting objects up to ten times faster and with greater accuracy than any other ADAS solution on the market today.

    Terranet is headquartered in Lund, Sweden, with additional operations in Gothenburg and Stuttgart – at the heart of the European automotive industry. Since 2017, the company has been listed on Nasdaq First North Premier Growth Market (Nasdaq: TERRNT-B). Visit us at www.terranet.se

    Attachment

    The MIL Network –

  • MIL-OSI: BTCC Exchange Celebrates 14th Anniversary with Launch of First-Ever User Badge Program

    Source: GlobeNewswire (MIL-OSI)

    VILNIUS, Lithuania, June 18, 2025 (GLOBE NEWSWIRE) — BTCC, one of the world’s longest-serving exchanges, celebrates its 14th anniversary by launching its first-ever user badge program. The milestone campaign, running from June 16 to July 1, 2025, introduces the exclusive “14 Years of Momentum” badge. This limited-edition emblem aims to honor community loyalty as the exchange steps into its 15th year of operation in the crypto space.

    In the fast-paced cryptocurrency industry, 14 years of operation represent an extraordinary milestone of excellence. BTCC has proven its commitment to security and reliability by weathering market volatility and regulatory changes while consistently maintaining user trust around the world.

    The anniversary campaign marks BTCC’s first step into community recognition badges, offering users a new way to showcase their loyalty and trading achievements. To earn the anniversary badge, participants must deposit $200 worth of tokens, achieve VIP 2 status, and complete $1 million in cumulative futures trading volume during the event period. Anniversary badge holders will also receive trading rewards totaling $140, plus eligibility for ongoing exclusive benefits, including airdrops, special campaigns, and community recognition.

    The campaign also features progressive social tasks that unlock throughout the event period, encouraging users to engage across BTCC’s social media channels including X (Twitter), Instagram, and Discord.

    “This badge program represents just the beginning of how we plan to recognize and reward our community members,” said Alex, Head of Operations at BTCC. “BTCC stands the test of time thanks to our community’s support. Now we’re launching the badge program to create lasting value for those who’ve chosen to grow with us, and this is only the start of our journey in building meaningful connections with our trading family.”

    This anniversary event will kickstart BTCC’s comprehensive badge program, with plans to roll out regular campaigns allowing users to collect badges and exchange them for rewards.

    Bringing the celebration into the physical world, BTCC is launching an offline campaign featuring BTCC-branded taxis with QR codes roaming the streets of Berlin, Germany and Poznań, Poland. Pedestrians can scan the codes to participate directly in the anniversary campaign, bridging the gap between crypto trading and real-world engagement.

    The “14 Years of Momentum” anniversary badge serves as both a celebration of BTCC’s milestone and a symbol of the platform’s evolution toward enhanced community engagement. As a pioneer that has stood the test of time in crypto’s demanding landscape, BTCC continues to evolve while prioritizing the security and trust that have defined its remarkable 14-year journey.

    For more details about the anniversary campaign, please visit BTCC’s website.

    About BTCC

    Founded in 2011, BTCC is one of the world’s longest-serving cryptocurrency exchanges, offering secure and user-friendly trading services to millions of users globally. With a commitment to security, innovation, and community building, BTCC continues to be a trusted platform in the evolving cryptocurrency landscape.

    Website: https://www.btcc.com/en-US

    X: https://x.com/BTCCexchange

    Contact: press@btcc.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b7e2626e-1b0f-4723-8e5e-66576f3494a8

    The MIL Network –

  • MIL-OSI: Abuse Deterrent Formulations Market Exploding While Estimated to Reach $39 Million In 2025 and $54 Million By 2030

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., June 18, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The market for abuse-deterrent opioids is still developing, but it’s estimated that replacing extended-release opioids with abuse-deterrent formulations could lead to significant cost savings and a reduction in abuse-related medical events. While specific revenue figures for the abuse-deterrent opioid market are not readily available, the potential impact on the broader opioid market is substantial. One such report from Roots Analysis, however, did project revenues, saying: “The abuse deterrent formulations market is estimated to grow from USD 25.7 million in 2024 to reach USD 39.8 million in 2025 and USD 54.8 million by 2030, representing a higher CAGR of 6.6% during the forecast period. Although the healthcare industry relies on patient to take medications responsibly, in 2017, close to 18 million individuals were reported to have misused prescription drugs, in the US. In fact, data from a National Survey on Drug Use and Health conducted in the same year, showed that an estimated 2 million Americans misused prescription pain relievers for the first time in the previous year. Moreover, the same study reported 1.5 million people abusing tranquilizers, over 1 million abusing prescription stimulants and more than 270,000 abusing sedatives, for the first time, in the same time period. Owing to a rapid onset of medicinal effect, which offers immediate relief (with high efficacy), opioids are still considered to be one of the most widely used pharmacological interventions for pain management. However, these drugs are known to induce a euphoric state upon consumption, often causing patients to abuse them; increased recreational use of opioids is known to lead to addiction. Moreover, over-prescription of such medicinal products, which promotes their misuse, is considered as one of the root causes of the opioid crisis (increasing number of deaths involving misuse and addiction to opioids), in the US. According to the Centers for Disease Control and Prevention (CDC), more than 72,000 overdose-related deaths were reported in 2017, of which close to 50,000 involved the use of an opioid.”   Active healthcare/tech companies active in the markets include: Nutriband Inc. (NASDAQ: NTRB) (NASDAQ: NTRBW), Pfizer Inc. (NYSE: PFE), Collegium Pharmaceutical, Inc. (NASDAQ: COLL), Teva Pharmaceutical Industries Ltd. (NYSE: TEVA), Emergent BioSolutions Inc. (NYSE: EBS).

    Moreover, opioid abuse was estimated to have been responsible for an economic deficit of over USD 500 billion, related to loss of productivity and healthcare costs, in the US. Other drug classes that are prone to abuse include antidepressants and central nervous system (CNS) stimulants such as fentanyl and klonopin. In 2017, close to 17,000 deaths were reported to have been the result of an overdose of prescription antidepressants. Most of these deaths (~11,500) involved the misuse of benzodiazepines, such as VALIUM® (diazepam) and XANAX® (alprazolam). CNS stimulants are usually indicated for the treatment of patients suffering from attention-deficit / hyperactivity disorder (ADHD). Among the various overdose-related deaths which took place in 2017, it is worth highlighting that over 12% involved the use of psychostimulants. Prescription drug abuse has prompted pharmaceutical developers to devise various strategies to prevent misuse. Some of the commonly used approaches to abuse deterrence include limiting use of opioids post-surgery, implementing stringent medicine prescribing guidelines and conducting prescription drug monitoring programs, and creating abuse deterrent formulations (ADFs) of drugs that are likely to be misused. Drug formulations that are designed to prevent an active pharmacological substance from being abused have been identified as a viable and sustainable alternative to limiting recreational / off-prescription use of the abovementioned drug classes and its consequences.”

    NUTRIBAND INC. (NASDAQ: NTRB) AND KINDEVA COMPLETE COMMERCIAL MANUFACTURING PROCESS SCALE-UP FOR AVERSA™ FENTANYL ABUSE DETERRENT FENTANYL PATCH

    • Nutriband and Kindeva have completed commercial manufacturing process scale-up for its lead product Aversa™ Fentanyl, an abuse-deterrent fentanyl patch
    • Nutriband is partnering with Kindeva to develop Aversa™ Fentanyl which combines Nutriband’s Aversa™ abuse-deterrent technology with Kindeva’s FDA-approved fentanyl patch

    Nutriband Inc. (NASDAQ:NTRB) (NASDAQ:NTRBW), a company engaged in the development of prescription transdermal pharmaceutical products, today announced that it has completed commercial manufacturing process scale-up for its lead product, Aversa™ Fentanyl, with Kindeva, a leading global contract development and manufacturing organization (CDMO) focused on drug-device combination products.

    Nutriband is partnering with Kindeva to develop Aversa™ Fentanyl which combines Nutriband’s Aversa™ abuse-deterrent technology with Kindeva’s FDA-approved fentanyl patch. Aversa Fentanyl is manufactured at Kindeva’s state-of-the-art transdermal manufacturing facility located in the United States. The next step is to manufacture clinical supplies and file an Investigational New Drug (IND) application with the FDA to initiate a human abuse liability clinical study.

    “We are excited to achieve this commercial development milestone with our partner, Kindeva. Completing the commercial manufacturing scale-up is an important step towards development of a commercially viable product and eventual NDA filing. This achievement demonstrates the compatibility of the Aversa™ abuse deterrent platform technology with established transdermal patch manufacturing processes. Aversa Fentanyl has the potential to be the first abuse deterrent pain patch on the market,” said Gareth Sheridan, CEO, Nutriband.

    Nutriband’s AVERSA™ abuse-deterrent technology can be utilized to incorporate aversive agents into transdermal patches to prevent the abuse, diversion, misuse, and accidental exposure of drugs with abuse potential including opioids and stimulants. The AVERSA™ abuse-deterrent technology has the potential to improve the safety profile of transdermal drugs susceptible to abuse, such as fentanyl, while making sure that these drugs remain accessible to those patients who really need them.

    AVERSA Fentanyl has the potential to be the world’s first abuse-deterrent opioid patch designed to deter the abuse and misuse and reduce the risk of accidental exposure of transdermal fentanyl patches. CONTINUED… Read this full press release and more news for NTRB at:   https://www.financialnewsmedia.com/news-ntrb  

    In other developments and happenings in the biotech market recently include:

    Pfizer Inc. (NYSE:PFE) announced involvement in the Abuse Deterrent Market stating that the United States Food and Drug Administration (FDA) had approved an updated label for EMBEDA® (morphine sulfate and naltrexone hydrochloride) extended-release (ER) capsules, for oral use, CII, to include abuse-deterrence studies. The updated label states that EMBEDA has properties that are expected to reduce abuse via the oral and intranasal (i.e., snorting) routes when crushed. However, abuse of EMBEDA by these routes is still possible. The updated label also includes data from a human abuse potential study of intravenous (IV) morphine and naltrexone to simulate crushed EMBEDA. However, it is unknown whether the results with simulated crushed EMBEDA predict a reduction in abuse by the IV route until additional postmarketing data are available. EMBEDA is indicated for the management of pain severe enough to require daily, around-the-clock, long-term opioid treatment and for which alternative treatment options are inadequate. Pfizer expects EMBEDA will be available in the U.S. in early 2015.

    “Prescription opioids are an important treatment option for people with chronic pain. However, misuse and abuse of opioids in the U.S. is a serious societal concern, which is why the development of abuse-deterrent formulations of these medicines is a high priority,” said Bob Twillman, Ph.D., Director of Policy and Advocacy, American Academy of Pain Management. “All opioid medications, including morphine products, have the potential for abuse. We believe that anything that can be done to reduce this risk is a significant development for healthcare providers and their patients.”

    Collegium Pharmaceutical, Inc. (NASDAQ:COLL) also announced involvement in the Abuse Deterrent Market by stating that U.S. Patent No. 9,044,398 was issued by the U.S. Patent and Trademark Office (USPTO) for its patent application entitled, “Abuse-deterrent Pharmaceutical Compositions of Opioids and Other Drugs”. The issued patent covers the DETERx technology platform and Collegium’s lead product candidate, Xtampza ER (oxycodone extended-release capsules). The claims provide additional coverage for multiple opioid molecules, as well as non-opioid drugs prone to abuse that are developed with the DETERx technology platform. This is the seventh issued U.S. patent related to the DETERx technology platform.

    “This newly issued patent expands our patent coverage for our lead product candidate, Xtampza ER, and the DETERx technology platform. We have a number of additional patent applications currently undergoing the patent prosecution process that, if issued, would continue to protect Xtampza ER, the DETERx technology platform, and additional product candidates in the U.S. and internationally,” said Michael Heffernan, Chairman and CEO of Collegium.

    Teva Pharmaceutical Industries Ltd. (NYSE:TEVA) announced the U.S. Food and Drug Administration (FDA) approved VANTRELATM ER (hydrocodone bitartrate) extended-release tablets [CII] formulated with Teva’s proprietary abuse deterrence technology. VANTRELA ER is indicated for the management of pain severe enough to require daily, around-the-clock, long-term opioid treatment and for which alternative treatment options are inadequate. The product’s approval is supported by a clinical program that evaluated the safety and efficacy of VANTRELA ER, as well as its abuse potential in laboratory-based in vitro manipulation and extraction studies, pharmacokinetic studies, and clinical abuse potential (CAP) studies.

    “Teva understands the risk of prescription drug abuse is a challenge healthcare professionals face when treating millions of Americans affected by chronic pain,” said Rob Koremans, MD, President and CEO of Global Specialty Medicines at Teva. “Abuse-deterrent treatments provide options for prescribers that may help deter or mitigate abuse while still preserving access to pain medications for the patients that need them most.”

    Emergent BioSolutions Inc. (NYSE: EBS) is teaming up with Victoria’s Voice Foundation to rally Americans to help save lives from the opioid epidemic on National Naloxone Awareness Day, which honors the late Victoria Siegel and others who have succumbed to overdose. As part of the effort, Victoria’s Voice has launched the “Shine. Wear. Share. Care” campaign to raise awareness and provide educational resources to individuals, organizations and businesses that includes a purple light bulb (Shine), a wearable promotional item (Wear), a QR code encouraging participation in the #sharenaloxone social media campaign (Share) and a box of NARCAN® Nasal Spray (Care) provided by Emergent.

    “It’s been 10 years since our Victoria lost her life to an accidental opioid overdose and we remain fiercely committed to honoring her memory and the memory of others who have succumbed to this same tragedy by fostering open dialogue about the dangers of opioids and precautionary safety measures, so other families don’t have to experience the same tragedy,” said Jackie Siegel, of Victoria’s Voice Foundation. “We’re pleased that Emergent is our sponsor for this year’s National Naloxone Awareness Day to further our shared mission of saving as many lives as possible through naloxone education and distribution.”

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

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

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

    Contact Information:

    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757 

    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI: MasterQuant Introduces AI Bot for Smarter, Automated Trading Success

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, June 18, 2025 (GLOBE NEWSWIRE) —

    For many years, handling the complications of financial markets has felt like a high-stakes gamble for many. Keeping up with endless data, making split-second decisions, and managing risk often seem like tasks left to experienced professionals. It changes, today! MasterQuant is excited to announce the official launch of its innovative investment platform, MasterQuant, powered by a practical artificial intelligence trading bot, developed to bring enhanced quantifiable strategies within reach of every investor. 

    MasterQuant’s core belief of mission is to make smart investments accessible to everyone. The foundation of the platform is that the advanced expert system trading bot is far more than just a simple automated system. It functions as a skilled engine that is always learning and growing, converting vast amounts of market data into understandable and doable investing decisions. 

    The Power Behind the Attention: MasterQuant’s AI Trading Bot

    Why is MasterQuant’s AI bot innovative? Deep Learning, which operates consistently in the background, is the foundation of its capabilities:

    • Real-time Market Analysis: The trading bot continually shifts through tremendous volumes of market data, processing information as it happens. This bot isn’t just looking at the analysis of the charts, it’s understanding the nuances of price movements, trading volumes, and global indicators immediately
    • Identifying Profitable Opportunities: Through ongoing analysis, the AI bot demonstrates exceptional ability in detecting investment opportunities that may not be apparent to humans. It recognizes trends and indicators that imply an opportune time to buy or sell a position.
    • Generating Optimized Trading Strategies: Upon identifying an opportunity, the bot acts without delay. It designs and implements precisely tuned trading strategies, basing its choices on complex calculations instead of feelings or speculation.
    • Dynamically Adjusting Risk Exposure: A major issue for every investor is risk. The deep learning bot from MasterQuant is designed to actively handle risk, modifying exposure levels instantaneously to safeguard capital and adhere to established criteria.
    • Diversifying Assets Thoughtfully: The bot doesn’t put all its eggs in one basket. It works to diversify assets, spreading investments across different areas to balance potential returns and reduce overall vulnerability.
    • Continuously Optimizing Trades: Learning is never-ending. The expert system bot continually adjusts its strategies, gathering knowledge from each trade and market fluctuation to enhance future performance. This ongoing improvement targets more and more efficient and profitable results in the long run.

    The implementation of this AI trading bot is already breaking new ground in automated investment as it shows the ability to generate amazing profits by persistently executing its clever strategies. It is a major step forward in the process of simplifying the financial tools for ordinary people and increasing their effectiveness.

    “MasterQuant was built because we recognized there was an obvious demand for a wiser, easier method of investing,” explained Ryan Franklin, MasterQuant’s Director of Communications. “Our AI-driven trading bot is the result of a lot of research and development that has gone into creating something that empowers both new and experienced investors. It eliminates the guesswork and emotional tension associated with trading, enabling our users to make the most of cutting-edge strategies with confidence and accuracy.”

    MasterQuant’s first rollout targets the dynamic cryptocurrency markets, where its real-time analytical strength can shine. Expansion into other major markets, such as forex and traditional stocks, is already in the works, spreading its groundbreaking approach to even more assets.

    MasterQuant is not only a platform rather it has become the new era of investing where innovation is a trusted partner in wealth development. It invites everyone to explore a more smart path to financial success by removing common barriers and putting experienced deep learning at the forefront.

    About MasterQuant

    MasterQuant is a ground-breaking quantitative investment platform that is powered by AI and dedicated to making advanced financial strategies accessible to everyone. MasterQuant, through its deep learning trading bot and intuitive design, enables investors with any level of skill to utilize the markets more efficiently, accurately, and with more confidence. MasterQuant is built on consistent innovation and has the goal of changing the way people create wealth in the new era.

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

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

    The MIL Network –

  • MIL-OSI: MasterQuant Introduces AI Bot for Smarter, Automated Trading Success

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, June 18, 2025 (GLOBE NEWSWIRE) —

    For many years, handling the complications of financial markets has felt like a high-stakes gamble for many. Keeping up with endless data, making split-second decisions, and managing risk often seem like tasks left to experienced professionals. It changes, today! MasterQuant is excited to announce the official launch of its innovative investment platform, MasterQuant, powered by a practical artificial intelligence trading bot, developed to bring enhanced quantifiable strategies within reach of every investor. 

    MasterQuant’s core belief of mission is to make smart investments accessible to everyone. The foundation of the platform is that the advanced expert system trading bot is far more than just a simple automated system. It functions as a skilled engine that is always learning and growing, converting vast amounts of market data into understandable and doable investing decisions. 

    The Power Behind the Attention: MasterQuant’s AI Trading Bot

    Why is MasterQuant’s AI bot innovative? Deep Learning, which operates consistently in the background, is the foundation of its capabilities:

    • Real-time Market Analysis: The trading bot continually shifts through tremendous volumes of market data, processing information as it happens. This bot isn’t just looking at the analysis of the charts, it’s understanding the nuances of price movements, trading volumes, and global indicators immediately
    • Identifying Profitable Opportunities: Through ongoing analysis, the AI bot demonstrates exceptional ability in detecting investment opportunities that may not be apparent to humans. It recognizes trends and indicators that imply an opportune time to buy or sell a position.
    • Generating Optimized Trading Strategies: Upon identifying an opportunity, the bot acts without delay. It designs and implements precisely tuned trading strategies, basing its choices on complex calculations instead of feelings or speculation.
    • Dynamically Adjusting Risk Exposure: A major issue for every investor is risk. The deep learning bot from MasterQuant is designed to actively handle risk, modifying exposure levels instantaneously to safeguard capital and adhere to established criteria.
    • Diversifying Assets Thoughtfully: The bot doesn’t put all its eggs in one basket. It works to diversify assets, spreading investments across different areas to balance potential returns and reduce overall vulnerability.
    • Continuously Optimizing Trades: Learning is never-ending. The expert system bot continually adjusts its strategies, gathering knowledge from each trade and market fluctuation to enhance future performance. This ongoing improvement targets more and more efficient and profitable results in the long run.

    The implementation of this AI trading bot is already breaking new ground in automated investment as it shows the ability to generate amazing profits by persistently executing its clever strategies. It is a major step forward in the process of simplifying the financial tools for ordinary people and increasing their effectiveness.

    “MasterQuant was built because we recognized there was an obvious demand for a wiser, easier method of investing,” explained Ryan Franklin, MasterQuant’s Director of Communications. “Our AI-driven trading bot is the result of a lot of research and development that has gone into creating something that empowers both new and experienced investors. It eliminates the guesswork and emotional tension associated with trading, enabling our users to make the most of cutting-edge strategies with confidence and accuracy.”

    MasterQuant’s first rollout targets the dynamic cryptocurrency markets, where its real-time analytical strength can shine. Expansion into other major markets, such as forex and traditional stocks, is already in the works, spreading its groundbreaking approach to even more assets.

    MasterQuant is not only a platform rather it has become the new era of investing where innovation is a trusted partner in wealth development. It invites everyone to explore a more smart path to financial success by removing common barriers and putting experienced deep learning at the forefront.

    About MasterQuant

    MasterQuant is a ground-breaking quantitative investment platform that is powered by AI and dedicated to making advanced financial strategies accessible to everyone. MasterQuant, through its deep learning trading bot and intuitive design, enables investors with any level of skill to utilize the markets more efficiently, accurately, and with more confidence. MasterQuant is built on consistent innovation and has the goal of changing the way people create wealth in the new era.

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

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

    The MIL Network –

  • MIL-OSI: Oma Savings Bank Plc’s composition of Shareholders’ Nomination Committee

    Source: GlobeNewswire (MIL-OSI)

    OMA SAVINGS BANK PLC STOCK EXCHANGE RELEASE, 18 JUNE 2025 AT 15:55 P.M. EET, OTHER INFORMATION DISCLOSED ACCORDING TO THE RULES OF THE EXCHANGE


    Oma Savings Bank Plc’s composition of Shareholders’ Nomination Committee

    According to the shareholder list on 1 June 2025, representatives of the five largest shareholders have been appointed to the Nomination Committee of Oma Savings Bank Plc (OmaSp or Company):

    • Raimo Härmä, appointed by Etelä-Karjalan Säästöpankkisäätiö
    • Ari Lamminmäki, appointed by Parkanon Säästöpankkisäätiö
    • Jouni Niuro, appointed by Liedon Säästöpankkisäätiö
    • Aino Lamminmäki, appointed by Töysän Säästöpankkisäätiö
    • Simo Haarajärvi, appointed by Kuortaneen Säästöpankkisäätiö

    The Nomination Committee elects a Chairperson from among its members.

    The Nomination Committee is responsible for preparing proposals for the election and remuneration of the members of the Board of Directors and for finding potential members of the Board of Directors to the Annual General Meeting and if necessary, to the Extraordinary General Meeting. OmaSp’s five largest shareholders each have the right to appoint one representative to the Nomination Committee.

    The Nomination Committee must submit to OmaSp’s Board of Directors its proposals on the Board members and remuneration annually at the latest by the end of the calendar month preceding the meeting of the Board of Directors that decides on the convening of the Annual General Meeting. In the case of an Extraordinary General Meeting, the proposal must be made in advance of the Annual General Meeting so that they can be included in the notice to the General Meeting.

    The Shareholders’ Nomination Committee charter is available on the Company’s website at https://www.omasp.fi/en/investors/management-and-corporate-governance/nomination-committee

    Oma Savings Bank Plc

    Additional information:
    Karri Alameri, CEO, tel. +358 45 656 5250, karri.alameri@omasp.fi

    Distribution:

    Nasdaq Helsinki Ltd
    Major media
    www.omasp.fi

    OmaSp is a solvent and profitable Finnish bank. About 600 professionals provide nationwide services through OmaSp’s 48 branch offices and digital service channels to over 200,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners’ products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations.

    OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer-oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in OmaSp.

    The MIL Network –

  • MIL-OSI: Oma Savings Bank Plc’s composition of Shareholders’ Nomination Committee

    Source: GlobeNewswire (MIL-OSI)

    OMA SAVINGS BANK PLC STOCK EXCHANGE RELEASE, 18 JUNE 2025 AT 15:55 P.M. EET, OTHER INFORMATION DISCLOSED ACCORDING TO THE RULES OF THE EXCHANGE


    Oma Savings Bank Plc’s composition of Shareholders’ Nomination Committee

    According to the shareholder list on 1 June 2025, representatives of the five largest shareholders have been appointed to the Nomination Committee of Oma Savings Bank Plc (OmaSp or Company):

    • Raimo Härmä, appointed by Etelä-Karjalan Säästöpankkisäätiö
    • Ari Lamminmäki, appointed by Parkanon Säästöpankkisäätiö
    • Jouni Niuro, appointed by Liedon Säästöpankkisäätiö
    • Aino Lamminmäki, appointed by Töysän Säästöpankkisäätiö
    • Simo Haarajärvi, appointed by Kuortaneen Säästöpankkisäätiö

    The Nomination Committee elects a Chairperson from among its members.

    The Nomination Committee is responsible for preparing proposals for the election and remuneration of the members of the Board of Directors and for finding potential members of the Board of Directors to the Annual General Meeting and if necessary, to the Extraordinary General Meeting. OmaSp’s five largest shareholders each have the right to appoint one representative to the Nomination Committee.

    The Nomination Committee must submit to OmaSp’s Board of Directors its proposals on the Board members and remuneration annually at the latest by the end of the calendar month preceding the meeting of the Board of Directors that decides on the convening of the Annual General Meeting. In the case of an Extraordinary General Meeting, the proposal must be made in advance of the Annual General Meeting so that they can be included in the notice to the General Meeting.

    The Shareholders’ Nomination Committee charter is available on the Company’s website at https://www.omasp.fi/en/investors/management-and-corporate-governance/nomination-committee

    Oma Savings Bank Plc

    Additional information:
    Karri Alameri, CEO, tel. +358 45 656 5250, karri.alameri@omasp.fi

    Distribution:

    Nasdaq Helsinki Ltd
    Major media
    www.omasp.fi

    OmaSp is a solvent and profitable Finnish bank. About 600 professionals provide nationwide services through OmaSp’s 48 branch offices and digital service channels to over 200,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners’ products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations.

    OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer-oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in OmaSp.

    The MIL Network –

  • MIL-OSI: Tokio Marine HCC Appoints Elizabeth Geary to Lead North America P&C Businesses

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, June 18, 2025 (GLOBE NEWSWIRE) — Tokio Marine HCC (TMHCC), based in Houston, Texas, today announced the appointment of Elizabeth Geary to the newly created role of President & CEO of North America P&C. She will be responsible for the growth and leadership of TMHCC’s North America P&C business units. Ms. Geary assumes her new role on June 30, 2025, reporting to Susan Rivera, TMHCC’s CEO, and will be based in New York City.

    Ms. Geary brings more than two decades of underwriting and senior leadership experience to TMHCC. She joins from Liberty Mutual, where, as President of Insurance Solutions, she was responsible for the launch and development of a new organization, focused on proactively managing brokers’ and clients’ evolving risk needs with a focus on cyber, energy transition, and alternative risk solutions. Ms. Geary began her career at TransRe, gaining underwriting experience across the spectrum of specialty classes, starting with US Property and Healthcare, progressing to Global Head of Cyber, and ultimately serving in a dual role as Chief Underwriting Officer, North America, and President, Global Portfolio Management.

    This announcement is the latest in a series of key executive appointments at TMHCC, with Barry Cook promoted to the role of Deputy CEO in April 2025, as the business evolves and expands its leadership structure to maintain its growth momentum.

    Ms. Rivera said, “Appointing Liz to the new role of President & CEO of our North America P&C business units is a statement of intent for our business. Her talent and track record of underwriting acumen, product strategy, and leadership are exceptional. As TMHCC continues to expand and evolve, driven by our commitment to enhancing our offerings to reflect the needs of insureds in a rapidly changing risk environment, we will need to attract the leading talent in the market who share our specialized focus and approach. Liz is an example of this approach in action, and I look forward to working with her to successfully harness the opportunities present in this expansive sector of the insurance market.”

    Ms. Geary added, “Tokio Marine HCC’s North American business has become a market leader in its chosen sectors, and its specialty insurance reputation is second to none. TMHCC is known for its long-term commitment to markets, underwriting excellence, and top-notch financial strength. I am delighted to be joining Susan and her team and look forward to helping the business realize its profitable growth ambitions in North America while providing market-leading solutions for our brokers and insureds.”

    About Tokio Marine HCC
    Tokio Marine HCC is a member of the Tokio Marine Group, a premier global company founded in 1879 with a market capitalization of $74 billion as of March 31, 2025. Headquartered in Houston, Texas, Tokio Marine HCC is a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and Continental Europe. Tokio Marine HCC’s major domestic insurance companies have financial strength ratings of ‘A+’ (Strong) from S&P Global Ratings, ‘A++’ (Superior) from AM Best, and ‘AA-’ (Very Strong) from Fitch Ratings; its major international insurance companies have financial strength ratings of ‘A+’ (Strong) from S&P Global Ratings. Tokio Marine HCC is the marketing name used to describe the affiliated companies under the common ownership of HCC Insurance Holdings, Inc., a Delaware-incorporated insurance holding company. For more information about Tokio Marine HCC, please visit www.tokiomarinehcc.com.

    Contact:
    Doug Busker, Vice President – Public Relations
    Tokio Marine HCC
    713-996-1192

    The MIL Network –

  • MIL-OSI: Tokio Marine HCC Appoints Elizabeth Geary to Lead North America P&C Businesses

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, June 18, 2025 (GLOBE NEWSWIRE) — Tokio Marine HCC (TMHCC), based in Houston, Texas, today announced the appointment of Elizabeth Geary to the newly created role of President & CEO of North America P&C. She will be responsible for the growth and leadership of TMHCC’s North America P&C business units. Ms. Geary assumes her new role on June 30, 2025, reporting to Susan Rivera, TMHCC’s CEO, and will be based in New York City.

    Ms. Geary brings more than two decades of underwriting and senior leadership experience to TMHCC. She joins from Liberty Mutual, where, as President of Insurance Solutions, she was responsible for the launch and development of a new organization, focused on proactively managing brokers’ and clients’ evolving risk needs with a focus on cyber, energy transition, and alternative risk solutions. Ms. Geary began her career at TransRe, gaining underwriting experience across the spectrum of specialty classes, starting with US Property and Healthcare, progressing to Global Head of Cyber, and ultimately serving in a dual role as Chief Underwriting Officer, North America, and President, Global Portfolio Management.

    This announcement is the latest in a series of key executive appointments at TMHCC, with Barry Cook promoted to the role of Deputy CEO in April 2025, as the business evolves and expands its leadership structure to maintain its growth momentum.

    Ms. Rivera said, “Appointing Liz to the new role of President & CEO of our North America P&C business units is a statement of intent for our business. Her talent and track record of underwriting acumen, product strategy, and leadership are exceptional. As TMHCC continues to expand and evolve, driven by our commitment to enhancing our offerings to reflect the needs of insureds in a rapidly changing risk environment, we will need to attract the leading talent in the market who share our specialized focus and approach. Liz is an example of this approach in action, and I look forward to working with her to successfully harness the opportunities present in this expansive sector of the insurance market.”

    Ms. Geary added, “Tokio Marine HCC’s North American business has become a market leader in its chosen sectors, and its specialty insurance reputation is second to none. TMHCC is known for its long-term commitment to markets, underwriting excellence, and top-notch financial strength. I am delighted to be joining Susan and her team and look forward to helping the business realize its profitable growth ambitions in North America while providing market-leading solutions for our brokers and insureds.”

    About Tokio Marine HCC
    Tokio Marine HCC is a member of the Tokio Marine Group, a premier global company founded in 1879 with a market capitalization of $74 billion as of March 31, 2025. Headquartered in Houston, Texas, Tokio Marine HCC is a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and Continental Europe. Tokio Marine HCC’s major domestic insurance companies have financial strength ratings of ‘A+’ (Strong) from S&P Global Ratings, ‘A++’ (Superior) from AM Best, and ‘AA-’ (Very Strong) from Fitch Ratings; its major international insurance companies have financial strength ratings of ‘A+’ (Strong) from S&P Global Ratings. Tokio Marine HCC is the marketing name used to describe the affiliated companies under the common ownership of HCC Insurance Holdings, Inc., a Delaware-incorporated insurance holding company. For more information about Tokio Marine HCC, please visit www.tokiomarinehcc.com.

    Contact:
    Doug Busker, Vice President – Public Relations
    Tokio Marine HCC
    713-996-1192

    The MIL Network –

  • MIL-OSI: ACNB Corporation Announces Common Stock Repurchase Program

    Source: GlobeNewswire (MIL-OSI)

    GETTYSBURG, Pa., June 18, 2025 (GLOBE NEWSWIRE) — ACNB Corporation (“ACNB”) (NASDAQ: ACNB), financial holding company for ACNB Bank and ACNB Insurance Services, Inc., announced today that the Board of Directors approved a new plan to repurchase, in open market transactions at prevailing market prices, up to 314,000, or approximately 3.0%, of the outstanding shares of ACNB’s common stock. The amount and timing of any shares repurchased will be evaluated and determined by management in its discretion and will depend upon a number of factors, including ACNB’s capital position, liquidity, financial performance and alternate uses of capital, the market price of ACNB’s securities, general market and economic conditions, and applicable legal and regulatory requirements, with no guarantee as to the exact number of shares that will be repurchased. The common stock repurchases are expected to be funded by using available capital. Further, this new common stock repurchase program replaces and supersedes any and all earlier announced repurchase plans.

    ACNB Corporation, headquartered in Gettysburg, PA, is the independent $3.27 billion financial holding company for the wholly-owned subsidiaries of ACNB Bank, Gettysburg, PA, including its operating divisions Traditions Bank and Traditions Mortgage, and ACNB Insurance Services, Inc., Westminster, MD. Originally founded in 1857, ACNB Bank serves its marketplace with banking and wealth management services, including trust and retail brokerage, via a network of 33 community banking offices and one loan offices located in the Pennsylvania counties of Adams, Cumberland, Franklin, Lancaster and York and the Maryland counties of Baltimore, Carroll and Frederick. ACNB Insurance Services, Inc. is a full-service insurance agency with licenses in 46 states. The agency offers a broad range of property, casualty, health, life and disability insurance serving personal and commercial clients through office locations in Westminster, MD, and Gettysburg, PA. For more information regarding ACNB Corporation and its subsidiaries, please visit investor.acnb.com.

    FORWARD-LOOKING STATEMENTS – In addition to historical information, this press release may contain forward-looking statements. Examples of forward-looking statements include, but are not limited to, (a) projections or statements regarding future earnings, expenses, net interest income, other income, earnings or loss per share, asset mix and quality, growth prospects, capital structure, and other financial terms, (b) statements of plans and objectives of Management or the Board of Directors, and (c) statements of assumptions, such as economic conditions in the Corporation’s market areas. Such forward-looking statements can be identified by the use of forward-looking terminology such as “believes”, “expects”, “may”, “intends”, “will”, “should”, “anticipates”, or the negative of any of the foregoing or other variations thereon or comparable terminology, or by discussion of strategy. Forward-looking statements are subject to certain risks and uncertainties such as national, regional and local economic conditions, competitive factors, and regulatory limitations. Actual results may differ materially from those projected in the forward-looking statements. Such risks, uncertainties, and other factors that could cause actual results and experience to differ from those projected include, but are not limited to, the following: short-term and long-term effects of inflation and rising costs on the Corporation, customers and economy; effects of governmental and fiscal policies, as well as legislative and regulatory changes; effects of new laws and regulations (including laws and regulations concerning taxes, banking, securities and insurance) and their application with which the Corporation and its subsidiaries must comply; impacts of the capital and liquidity requirements of the Basel III standards; effects of changes in accounting policies and practices, as may be adopted by the regulatory agencies, as well as the Financial Accounting Standards Board and other accounting standard setters; ineffectiveness of the business strategy due to changes in current or future market conditions; future actions or inactions of the United States government, including the effects of short-term and long-term federal budget and tax negotiations and a failure to increase the government debt limit or a prolonged shutdown of the federal government; effects of economic conditions particularly with regard to the negative impact of any pandemic, epidemic or health-related crisis and the responses thereto on the operations of the Corporation and current customers, specifically the effect of the economy on loan customers’ ability to repay loans; effects of competition, and of changes in laws and regulations on competition, including industry consolidation and development of competing financial products and services; inflation, securities market and monetary fluctuations; risks of changes in interest rates on the level and composition of deposits, loan demand, and the values of loan collateral, securities, and interest rate protection agreements, as well as interest rate risks; difficulties in acquisitions and integrating and operating acquired business operations, including information technology difficulties; challenges in establishing and maintaining operations in new markets; effects of technology changes; effects of general economic conditions and more specifically in the Corporation’s market areas; failure of assumptions underlying the establishment of reserves for loan losses and estimations of values of collateral and various financial assets and liabilities; acts of war or terrorism or geopolitical instability; disruption of credit and equity markets; ability to manage current levels of impaired assets; loss of certain key officers; ability to maintain the value and image of the Corporation’s brand and protect the Corporation’s intellectual property rights; continued relationships with major customers; and, potential impacts to the Corporation from continually evolving cybersecurity and other technological risks and attacks, including additional costs, reputational damage, regulatory penalties, and financial losses. We caution readers not to place undue reliance on these forward-looking statements. They only reflect Management’s analysis as of this date. The Corporation does not revise or update these forward-looking statements to reflect events or changed circumstances. Please carefully review the risk factors described in other documents the Corporation files from time to time with the SEC, including the Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q. Please also carefully review any Current Reports on Form 8-K filed by the Corporation with the SEC.

    ACNB #2025-11
    June 18, 2025

    Contact: Kevin J. Hayes
      SVP/General Counsel,
      Secretary & Chief
      Governance Officer
      717.339.5161
      khayes@acnb.com

    The MIL Network –

  • MIL-OSI: Tenable Research Finds Pervasive Cloud Misconfigurations Exposing Critical Data and Secrets

    Source: GlobeNewswire (MIL-OSI)

    COLUMBIA, Md., June 18, 2025 (GLOBE NEWSWIRE) — Tenable®, the exposure management company, today released its 2025 Cloud Security Risk Report. The research revealed that 9% of publicly accessible cloud storage contains sensitive data, 97% of which is classified as restricted or confidential. These exposures increase the risk of exploitation, particularly when paired with misconfigurations or embedded secrets.

    Cloud environments face dramatically increased risk due to exposed sensitive data, misconfigurations, underlying vulnerabilities and poorly stored secrets – such as passwords, API keys and credentials. The 2025 Cloud Security Risk Report provides a deep dive into the most prominent cloud security issues impacting data, identity, workload and AI resources and offers practical mitigation strategies to help organizations proactively reduce risk and close critical gaps.

    Key findings from the report include:

    • Secrets found in diverse cloud resources are putting organizations at risk: Over half of organizations (54%) store at least one secret directly in Amazon Web Services (AWS) Elastic Container Service (ECS) task definitions — creating a direct attack path. Similar issues were found among organizations using Google Cloud Platform (GCP) Cloud Run (52%) and Microsoft Azure Logic Apps workflows (31%). Alarmingly, 3.5% of all AWS Elastic Compute Cloud (EC2) instances contain secrets in user data — major risk given how widely EC2 is used.
    • Cloud workload security is improving, but toxic combinations persist: While the number of organizations with a “toxic cloud trilogy” – a workload that is publicly exposed, critically vulnerable, and highly privileged – has decreased from 38% to 29%, this dangerous combination still represents a significant and common risk.
    • Using Identity Providers (IdPs) alone doesn’t eliminate risk: While 83% of AWS organizations are exercising best practices in using IdP services to manage their cloud identities, overly-permissive defaults, excessive entitlements, and standing permissions still expose them to identity-based threats.

    “Despite the security incidents we have witnessed over the past few years, organizations continue to leave critical cloud assets, from sensitive data to secrets, exposed through avoidable misconfigurations,” said Ari Eitan, Director of Cloud Security Research, Tenable.

    “The path for attackers is often simple: exploit public access, steal embedded secrets or abuse overprivileged identities. To close these gaps, security teams need full visibility across their environments and the ability to prioritize and automate remediation before threats escalate. The cloud demands continuous, proactive risk management, and not reactive patchwork.”

    The report reflects findings by the Tenable Cloud Research team based on telemetry from workloads across diverse public cloud and enterprise environments, analyzed from October 2024 through March 2025. To download the report today, please visit: https://www.tenable.com/cyber-exposure/tenable-cloud-security-risk-report-2025

    More information on Tenable Cloud Security is available at: https://www.tenable.com/cloud-security.

    About Tenable
    Tenable® is the exposure management company, exposing and closing the cybersecurity gaps that erode business value, reputation and trust. The company’s AI-powered exposure management platform radically unifies security visibility, insight and action across the attack surface, equipping modern organizations to protect against attacks from IT infrastructure to cloud environments to critical infrastructure and everywhere in between. By protecting enterprises from security exposure, Tenable reduces business risk for more than 44,000 customers around the globe. Learn more at tenable.com.

    Media Contact:
    Tenable
    tenablepr@tenable.com

    The MIL Network –

  • MIL-OSI: $112K Is Not Bitcoin’s Peak: PFMCrypto’s Unique BTC Mining Plan Becomes a Must-Have for Holders

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 18, 2025 (GLOBE NEWSWIRE) — As Bitcoin (BTC) prices begin to stabilize, both experts and traders agree that the $112,000 mark is far from its peak. In response to growing investor interest and momentum across the BTC network, global mining leader PFMCrypto has introduced a unique Bitcoin mining strategy that is rapidly gaining popularity among BTC holders. This high-performance mining contract is designed to help users earn passive income—even outside of bull markets—without any technical expertise or complex equipment. PFMCrypto’s cloud mining approach provides secure and consistent BTC rewards.

    Key Highlights of PFMCrypto’s BTC Mining Strategy
    – Exclusive BTC Contracts Now Live: Tailored for Bitcoin holders seeking passive mining income growth.
    – No Lock-in Risk: Withdraw earnings daily. Once the contract ends, the full principal is returned—ensuring liquidity and security.
    – Proven High ROI: PFMCrypto’s BTC mining contracts are based on real performance, not speculative promises. Historical returns have reached up to 55.6% in 30 days.

    Visit PFMCrypto’s homepage: https://pfmcrypto.net

    AI + BTC Mining: Smart Technology for Savvy Investors
    PFMCrypto’s BTC mining platform integrates cutting-edge artificial intelligence to optimize block verification efficiency and automatically reallocate computing power to maximize profits. With 20 mining centers operating around the clock globally, users enjoy consistent BTC earnings without downtime or maintenance.
    Unlike traditional mining, PFMCrypto’s cloud mining model eliminates the costs and complexities of hardware management, making it accessible to everyone—from newcomers to seasoned investors.

    What Makes PFMCrypto’s BTC Mining Plans So Attractive?
    – Zero Hardware Investment: No need to purchase mining rigs to access industrial-grade computing power.
    – All-Inclusive Operation: PFMCrypto handles electricity, cooling, maintenance, and hardware upgrades.
    – Instant Access: New users can start mining BTC within minutes using an intuitive dashboard with real-time earnings tracking.
    – Security & Transparency: All contracts guarantee daily returns, principal repayment, and detailed performance analytics.

    Join PFMCrypto now and receive a $10 welcome bonus to kickstart your BTC mining journey.

    Why Now? BTC’s Road Beyond $112,000
    Market analysts forecast that sustained institutional adoption, ETF integration, and declining exchange reserves could propel BTC to an all-time high of $120,000 by Q3 2025. As PFMCrypto’s CEO puts it:
    “Bitcoin is more than a store of value—it’s a catalyst for wealth accumulation. Our BTC mining strategy empowers users to earn consistent returns amid unprecedented market momentum.”

    PFMCrypto’s BTC Mining Contracts: Proven Performance
    With the recent launch of its 2-day BTC mining contract, PFMCrypto has opened its high-performance cloud mining infrastructure to all users, dramatically lowering the technical and financial barriers to entry. Since its founding in 2018, the platform has grown to support over 9.2 million active users across 192 countries, delivering impressive returns:
    2-Day Strategy: +6.6% ROI
    5-Day Strategy: +6.15% ROI
    15-Day Strategy: +20.7% ROI
    30-Day Strategy: +55.6% ROI
    These figures represent actual average user returns, powered by PFMCrypto’s AI-enhanced infrastructure.

    Click here to view the full BTC mining contract catalog.

    How to Start BTC Cloud Mining with PFMCrypto
    1. Register: Sign up now to receive a $10 bonus and $0.60 daily sign-in reward.
    2. Choose Your Plan: Select from a range of flexible BTC contracts suitable for both short- and long-term investors.
    3. Earn BTC Daily: Let PFMCrypto’s intelligent engine handle everything and start earning Bitcoin instantly.

    About PFMCrypto
    PFMCrypto is a global pioneer in cloud mining services, offering secure and user-friendly cryptocurrency mining tools to millions of users. Since 2018, the company has processed over $1 billion in mining expenditures and operates mining centers across Europe, Asia, and North America. PFMCrypto continues to reshape how individuals and institutions engage with crypto by delivering transparent, reliable, and profit-driven solutions.

    Visit https://pfmcrypto.net to learn more, claim your $10 welcome bonus and start your BTC mining journey today.

    Media Contact:
    Amelia Elspeth
    PFMcrypto
    info@pfmcrypto.net

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/4f5332cc-14f1-4752-b2a7-d8329cab344a
    https://www.globenewswire.com/NewsRoom/AttachmentNg/e1aba1e0-a162-4358-9dd3-b665fd7e11d4

    The MIL Network –

  • MIL-OSI: $112K Is Not Bitcoin’s Peak: PFMCrypto’s Unique BTC Mining Plan Becomes a Must-Have for Holders

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 18, 2025 (GLOBE NEWSWIRE) — As Bitcoin (BTC) prices begin to stabilize, both experts and traders agree that the $112,000 mark is far from its peak. In response to growing investor interest and momentum across the BTC network, global mining leader PFMCrypto has introduced a unique Bitcoin mining strategy that is rapidly gaining popularity among BTC holders. This high-performance mining contract is designed to help users earn passive income—even outside of bull markets—without any technical expertise or complex equipment. PFMCrypto’s cloud mining approach provides secure and consistent BTC rewards.

    Key Highlights of PFMCrypto’s BTC Mining Strategy
    – Exclusive BTC Contracts Now Live: Tailored for Bitcoin holders seeking passive mining income growth.
    – No Lock-in Risk: Withdraw earnings daily. Once the contract ends, the full principal is returned—ensuring liquidity and security.
    – Proven High ROI: PFMCrypto’s BTC mining contracts are based on real performance, not speculative promises. Historical returns have reached up to 55.6% in 30 days.

    Visit PFMCrypto’s homepage: https://pfmcrypto.net

    AI + BTC Mining: Smart Technology for Savvy Investors
    PFMCrypto’s BTC mining platform integrates cutting-edge artificial intelligence to optimize block verification efficiency and automatically reallocate computing power to maximize profits. With 20 mining centers operating around the clock globally, users enjoy consistent BTC earnings without downtime or maintenance.
    Unlike traditional mining, PFMCrypto’s cloud mining model eliminates the costs and complexities of hardware management, making it accessible to everyone—from newcomers to seasoned investors.

    What Makes PFMCrypto’s BTC Mining Plans So Attractive?
    – Zero Hardware Investment: No need to purchase mining rigs to access industrial-grade computing power.
    – All-Inclusive Operation: PFMCrypto handles electricity, cooling, maintenance, and hardware upgrades.
    – Instant Access: New users can start mining BTC within minutes using an intuitive dashboard with real-time earnings tracking.
    – Security & Transparency: All contracts guarantee daily returns, principal repayment, and detailed performance analytics.

    Join PFMCrypto now and receive a $10 welcome bonus to kickstart your BTC mining journey.

    Why Now? BTC’s Road Beyond $112,000
    Market analysts forecast that sustained institutional adoption, ETF integration, and declining exchange reserves could propel BTC to an all-time high of $120,000 by Q3 2025. As PFMCrypto’s CEO puts it:
    “Bitcoin is more than a store of value—it’s a catalyst for wealth accumulation. Our BTC mining strategy empowers users to earn consistent returns amid unprecedented market momentum.”

    PFMCrypto’s BTC Mining Contracts: Proven Performance
    With the recent launch of its 2-day BTC mining contract, PFMCrypto has opened its high-performance cloud mining infrastructure to all users, dramatically lowering the technical and financial barriers to entry. Since its founding in 2018, the platform has grown to support over 9.2 million active users across 192 countries, delivering impressive returns:
    2-Day Strategy: +6.6% ROI
    5-Day Strategy: +6.15% ROI
    15-Day Strategy: +20.7% ROI
    30-Day Strategy: +55.6% ROI
    These figures represent actual average user returns, powered by PFMCrypto’s AI-enhanced infrastructure.

    Click here to view the full BTC mining contract catalog.

    How to Start BTC Cloud Mining with PFMCrypto
    1. Register: Sign up now to receive a $10 bonus and $0.60 daily sign-in reward.
    2. Choose Your Plan: Select from a range of flexible BTC contracts suitable for both short- and long-term investors.
    3. Earn BTC Daily: Let PFMCrypto’s intelligent engine handle everything and start earning Bitcoin instantly.

    About PFMCrypto
    PFMCrypto is a global pioneer in cloud mining services, offering secure and user-friendly cryptocurrency mining tools to millions of users. Since 2018, the company has processed over $1 billion in mining expenditures and operates mining centers across Europe, Asia, and North America. PFMCrypto continues to reshape how individuals and institutions engage with crypto by delivering transparent, reliable, and profit-driven solutions.

    Visit https://pfmcrypto.net to learn more, claim your $10 welcome bonus and start your BTC mining journey today.

    Media Contact:
    Amelia Elspeth
    PFMcrypto
    info@pfmcrypto.net

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/4f5332cc-14f1-4752-b2a7-d8329cab344a
    https://www.globenewswire.com/NewsRoom/AttachmentNg/e1aba1e0-a162-4358-9dd3-b665fd7e11d4

    The MIL Network –

  • MIL-OSI: Progress Software CEO Yogesh Gupta Named an EY US Entrepreneur Of The Year® 2025 New England Award Winner

    Source: GlobeNewswire (MIL-OSI)

    Visionary CEO recognized for bold leadership, strategic growth, accelerated AI innovation and long-term stakeholder value creation

    BURLINGTON, Mass., June 18, 2025 (GLOBE NEWSWIRE) — Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that CEO Yogesh Gupta has been named an Entrepreneur Of The Year® 2025 New England Award winner by Ernst & Young LLP (EY US). The prestigious program recognizes visionary leaders of companies who are driving innovation, accelerating growth and creating lasting impact for future generations.

    Since joining Progress in 2016, Gupta has driven significant growth and transformation at the company. Under his leadership, Progress has more than doubled in size, completed five strategic acquisitions—including the landmark 2024 purchase of ShareFile, the company’s largest acquisition to date—and successfully executed its Total Growth Strategy, focusing on innovation, disciplined mergers and acquisitions, and customer retention. Gupta’s foresight in navigating market shifts, especially in AI, has positioned Progress ahead of the curve, consistently delivering value to a global client base that includes over 75% of the Fortune 500.

    “I am deeply honored to receive this recognition from EY,” said Gupta. “Entrepreneurship is about more than building a business—it’s about building a future. I’m proud to lead a company that innovates not only in technology but also invests in people, communities and purpose.”

    Gupta’s entrepreneurial approach is shaped by a personal journey defined by resilience, ambition and a deep belief in innovation’s power. Since becoming CEO, he has cultivated a culture of agility, strategic risk-taking and operational excellence across the organization. Progress has achieved record revenues and doubled its global workforce from 1,500 to 3,000 employees during his tenure. Renowned for his sharp business insight and people-centric leadership, Gupta actively mentors employees and engages with teams worldwide, fostering a culture grounded in excellence, teamwork, respect and sustainable value creation.

    Gupta was chosen by an independent panel of past winners, top CEOs and business leaders. Judges assessed candidates on long-term value creation, entrepreneurial spirit, purpose-driven commitment and significant growth and impact.

    As a New England award winner, he is now eligible for consideration for the Entrepreneur Of The Year 2025 National Awards. The National Award winners, including the Entrepreneur Of The Year National Overall Award winner, will be announced in November 2025.

    About Entrepreneur Of The Year
    Founded in 1986, Entrepreneur Of The Year has celebrated more than 11,000 ambitious visionaries who are leading successful, dynamic businesses in the US, and it has since expanded to nearly 60 countries globally. The US program consists of 17 regional programs whose panels of independent judges select the regional award winners every June. Those winners compete for national recognition at the Strategic Growth Forum® in November where National finalists and award winners are announced. The overall National winner represents the US at the EY World Entrepreneur Of The Year™ competition. Visit ey.com/us/eoy.

    About Progress Software
    Progress Software (Nasdaq: PRGS) empowers organizations to achieve transformational success in the face of disruptive change. Our software enables our customers to develop, deploy and manage responsible AI-powered applications and digital experiences with agility and ease. Customers get a trusted provider in Progress, with the products, expertise and vision they need to succeed. Over 4 million developers and technologists at hundreds of thousands of enterprises depend on Progress. Learn more at www.progress.com.

    Progress is a trademark or registered trademark of Progress Software Corporation and/or its subsidiaries or affiliates in the U.S. and other countries. Any other names contained herein may be trademarks of their respective owners.

    Press Contacts:
    Kim Baker
    Progress Software
    +1-800-477-6473
    pr@progress.com

    A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7fd7178e-98af-40f6-8027-c19233524eee

    The MIL Network –

  • MIL-OSI: Progress Software CEO Yogesh Gupta Named an EY US Entrepreneur Of The Year® 2025 New England Award Winner

    Source: GlobeNewswire (MIL-OSI)

    Visionary CEO recognized for bold leadership, strategic growth, accelerated AI innovation and long-term stakeholder value creation

    BURLINGTON, Mass., June 18, 2025 (GLOBE NEWSWIRE) — Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that CEO Yogesh Gupta has been named an Entrepreneur Of The Year® 2025 New England Award winner by Ernst & Young LLP (EY US). The prestigious program recognizes visionary leaders of companies who are driving innovation, accelerating growth and creating lasting impact for future generations.

    Since joining Progress in 2016, Gupta has driven significant growth and transformation at the company. Under his leadership, Progress has more than doubled in size, completed five strategic acquisitions—including the landmark 2024 purchase of ShareFile, the company’s largest acquisition to date—and successfully executed its Total Growth Strategy, focusing on innovation, disciplined mergers and acquisitions, and customer retention. Gupta’s foresight in navigating market shifts, especially in AI, has positioned Progress ahead of the curve, consistently delivering value to a global client base that includes over 75% of the Fortune 500.

    “I am deeply honored to receive this recognition from EY,” said Gupta. “Entrepreneurship is about more than building a business—it’s about building a future. I’m proud to lead a company that innovates not only in technology but also invests in people, communities and purpose.”

    Gupta’s entrepreneurial approach is shaped by a personal journey defined by resilience, ambition and a deep belief in innovation’s power. Since becoming CEO, he has cultivated a culture of agility, strategic risk-taking and operational excellence across the organization. Progress has achieved record revenues and doubled its global workforce from 1,500 to 3,000 employees during his tenure. Renowned for his sharp business insight and people-centric leadership, Gupta actively mentors employees and engages with teams worldwide, fostering a culture grounded in excellence, teamwork, respect and sustainable value creation.

    Gupta was chosen by an independent panel of past winners, top CEOs and business leaders. Judges assessed candidates on long-term value creation, entrepreneurial spirit, purpose-driven commitment and significant growth and impact.

    As a New England award winner, he is now eligible for consideration for the Entrepreneur Of The Year 2025 National Awards. The National Award winners, including the Entrepreneur Of The Year National Overall Award winner, will be announced in November 2025.

    About Entrepreneur Of The Year
    Founded in 1986, Entrepreneur Of The Year has celebrated more than 11,000 ambitious visionaries who are leading successful, dynamic businesses in the US, and it has since expanded to nearly 60 countries globally. The US program consists of 17 regional programs whose panels of independent judges select the regional award winners every June. Those winners compete for national recognition at the Strategic Growth Forum® in November where National finalists and award winners are announced. The overall National winner represents the US at the EY World Entrepreneur Of The Year™ competition. Visit ey.com/us/eoy.

    About Progress Software
    Progress Software (Nasdaq: PRGS) empowers organizations to achieve transformational success in the face of disruptive change. Our software enables our customers to develop, deploy and manage responsible AI-powered applications and digital experiences with agility and ease. Customers get a trusted provider in Progress, with the products, expertise and vision they need to succeed. Over 4 million developers and technologists at hundreds of thousands of enterprises depend on Progress. Learn more at www.progress.com.

    Progress is a trademark or registered trademark of Progress Software Corporation and/or its subsidiaries or affiliates in the U.S. and other countries. Any other names contained herein may be trademarks of their respective owners.

    Press Contacts:
    Kim Baker
    Progress Software
    +1-800-477-6473
    pr@progress.com

    A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7fd7178e-98af-40f6-8027-c19233524eee

    The MIL Network –

  • MIL-OSI: Traliant wins prestigious Telly Award for inclusion training, launches 2025 update to reflect latest laws and guidance

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) — Traliant, a leader in online compliance training, today announced an enhanced version of its Creating Inclusive Workplaces training course – recently honored with a Telly Award for Immersive & Interactive Content. The 2025 update incorporates the latest federal, state and local laws, along with current guidance from the Department of Justice (DOJ), Equal Employment Opportunity Commission (EEOC), and recent Executive Orders related to diversity, equity, and inclusion (DEI).

    Traliant’s Creating Inclusive Workplaces explores core concepts that promote inclusive values and behaviors. Rooted in anti-discrimination and inclusive leadership principles, the course is aligned with evolving compliance requirements and best practices. Learners are guided by an AI learning assistant, Mira, through realistic workplace scenarios — such as team meetings, coffee chats and group messages — where inclusion challenges often arise. A newly introduced adaptive learning format provides learners with the opportunity to complete the training in as little as seven minutes, allowing for greater flexibility for today’s fast-paced work environments.

    “Inclusion is key to creating workplaces where people feel respected, engaged and ready to do their best,” said Casey Heck, Senior Vice President of HR at Traliant. “With our new adaptive course format, employees can demonstrate what they know and wrap up training in under seven minutes — making it easier for HR teams to efficiently build inclusive habits without impacting productivity.”

    The Creating Inclusive Workplaces is one of several inclusion-focused training courses refreshed for 2025. Updated in collaboration with in-house legal experts, these courses provide HR and compliance leaders with impactful tools to support inclusion programs through legally sound, timely content that reflect current regulations and evolving workplace expectations, including:

    A recent Traliant study underscores the ongoing need for meaningful inclusion efforts: while most employers and employees view inclusion as vital to retention, innovation, and performance, nearly a third of employees still report feeling excluded or marginalized at work. Traliant’s continuously monitored and maintained training courses help close this gap with engaging, modern solutions that align inclusive values with everyday workplace behavior and decision-making.

    To learn more about Traliant, visit: https://www.traliant.com/.

    About Traliant
    Traliant, a leader in compliance training, is on a mission to help make workplaces better, for everyone. Committed to a customer promise of “compliance you can trust, training you will love,” Traliant delivers continuously compliant online courses, backed by an unparalleled in-house legal team, with engaging, story-based training designed to create truly enjoyable learning experiences.
      
    Traliant supports over 14,000 organizations worldwide with a library of curated essential courses to broaden employee perspectives, achieve compliance and elevate workplace culture, including sexual harassment training, inclusion training, code of conduct training, and many more.  
      
    Backed by PSG, a leading growth equity firm, Traliant holds a coveted position on Inc.’s 5000 fastest-growing private companies in America for four consecutive years, along with numerous awards for its products and workplace culture. For more information, visit http://www.traliant.com and follow us on LinkedIn. 

    Contact
    Reagan Bennet
    traliant@v2comms.com

    The MIL Network –

  • MIL-OSI: Traliant wins prestigious Telly Award for inclusion training, launches 2025 update to reflect latest laws and guidance

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) — Traliant, a leader in online compliance training, today announced an enhanced version of its Creating Inclusive Workplaces training course – recently honored with a Telly Award for Immersive & Interactive Content. The 2025 update incorporates the latest federal, state and local laws, along with current guidance from the Department of Justice (DOJ), Equal Employment Opportunity Commission (EEOC), and recent Executive Orders related to diversity, equity, and inclusion (DEI).

    Traliant’s Creating Inclusive Workplaces explores core concepts that promote inclusive values and behaviors. Rooted in anti-discrimination and inclusive leadership principles, the course is aligned with evolving compliance requirements and best practices. Learners are guided by an AI learning assistant, Mira, through realistic workplace scenarios — such as team meetings, coffee chats and group messages — where inclusion challenges often arise. A newly introduced adaptive learning format provides learners with the opportunity to complete the training in as little as seven minutes, allowing for greater flexibility for today’s fast-paced work environments.

    “Inclusion is key to creating workplaces where people feel respected, engaged and ready to do their best,” said Casey Heck, Senior Vice President of HR at Traliant. “With our new adaptive course format, employees can demonstrate what they know and wrap up training in under seven minutes — making it easier for HR teams to efficiently build inclusive habits without impacting productivity.”

    The Creating Inclusive Workplaces is one of several inclusion-focused training courses refreshed for 2025. Updated in collaboration with in-house legal experts, these courses provide HR and compliance leaders with impactful tools to support inclusion programs through legally sound, timely content that reflect current regulations and evolving workplace expectations, including:

    A recent Traliant study underscores the ongoing need for meaningful inclusion efforts: while most employers and employees view inclusion as vital to retention, innovation, and performance, nearly a third of employees still report feeling excluded or marginalized at work. Traliant’s continuously monitored and maintained training courses help close this gap with engaging, modern solutions that align inclusive values with everyday workplace behavior and decision-making.

    To learn more about Traliant, visit: https://www.traliant.com/.

    About Traliant
    Traliant, a leader in compliance training, is on a mission to help make workplaces better, for everyone. Committed to a customer promise of “compliance you can trust, training you will love,” Traliant delivers continuously compliant online courses, backed by an unparalleled in-house legal team, with engaging, story-based training designed to create truly enjoyable learning experiences.
      
    Traliant supports over 14,000 organizations worldwide with a library of curated essential courses to broaden employee perspectives, achieve compliance and elevate workplace culture, including sexual harassment training, inclusion training, code of conduct training, and many more.  
      
    Backed by PSG, a leading growth equity firm, Traliant holds a coveted position on Inc.’s 5000 fastest-growing private companies in America for four consecutive years, along with numerous awards for its products and workplace culture. For more information, visit http://www.traliant.com and follow us on LinkedIn. 

    Contact
    Reagan Bennet
    traliant@v2comms.com

    The MIL Network –

  • MIL-OSI: Atsign Launches MCP NoPorts: Securing and Accelerating Private AI Deployments

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, Calif., June 18, 2025 (GLOBE NEWSWIRE) — Atsign, a leader in pre-emptive security and zero-trust connectivity, today announced MCP NoPorts™, a ground-breaking solution for securely deploying AI models and Model Context Protocol (MCP) servers. NoPorts directly solves the critical vulnerabilities and deployment bottlenecks facing enterprises integrating AI with their sensitive data and systems.

    The promise of AI — from automated decisions to real-time responses — relies on AI agents directly interacting with real-world applications. This requires exposing MCP servers that bridge AI to critical backend operations, often over standard HTTP. This inherent exposure creates a massive security risk, making valuable intellectual property and sensitive data vulnerable to external threats.

    “The real power of AI comes from its ability to automate complex processes, but this is constantly undermined by security risks which severely delays deployments,” said Colin Constable, Atsign Co-Founder and CTO. “NoPorts is a game-changer. We’re fundamentally changing how AI assets are protected and deployed by making them invisible and securing every interaction from the ground up. Businesses can now leverage full AI potential without compromising security or deployment speed.”

    NoPorts Solves AI’s Core Security & Deployment Challenges

    1. Eliminates AI Exposure (Pre-Emptive Security)
      1. Invisible Infrastructure – MCP NoPorts eliminates open ports on AI inference nodes, data services, and MCP servers. This removes network attack surfaces entirely, preventing discovery by botnets and external reconnaissance. They can’t attack what they can’t see.
      2. Cryptographic Identity Access – Every AI model, tool, or service is assigned a unique, cryptographically authenticated identity. This eliminates the need for vulnerable tokens or shared secrets. Access is granted only after identity is confirmed, delivering a zero-trust architecture that directly prevents unauthorized access and AI agent impersonation before any interaction with your tools occurs.
      3. Prevents Sensitive Data Exposure & Malicious Invocations
        1. End-to-End Encrypted Connections – All communication to and from private AI models and MCP servers is fully encrypted by Atsign’s NoPorts, safeguarding sensitive data, proprietary logic, and AI interactions from eavesdropping and tampering, thereby preventing sensitive data exposure.
        2. Accelerates AI Deployments
          1. No IT Bottlenecks – NoPorts removes the need for complex firewall exceptions, static IPs, or VPN setups. Developers can securely deploy and connect AI models and MCP servers in minutes, not weeks, freeing IT and networking teams from tedious configurations.
          2. Streamlined Collaboration – Securely connect developers, AI models, MCP servers and other systems globally, making seamless collaboration possible without exposing any of them to external threats.

            3. NoPorts delivers what enterprise AI platform buyers require: the ability to roll out AI initiatives quickly and with unparalleled security. Traditional network protections were never designed for non-human agents or autonomous tool invocation. NoPorts addresses this critical gap, rendering AI models and MCP tools truly invisible and securing every interaction without relying on firewalls or shared secrets like API keys.

            For more information, visit the MCP NoPorts page.

            About Atsign

            At Atsign, we believe that people, entities (e.g. AI), and things should connect securely and directly, while always being invisible to bad actors. By eliminating the need for open ports and centralized servers, the atPlatform empowers developers and organizations to build applications with “invisible” security built in, placing data and device control back into the hands of their owners. Atsign is the creator of the atPlatform, the most robust infrastructure available for “invisible networking” and secure, private, peer-to-peer connectivity. Learn more at Atsign.com.

            For More Information Contact
            Scott Hetherington
            Atsign
            Scott@Atsign.com
            844-827-0985

          The MIL Network –

  • MIL-OSI: ibex Donates $25,000 to Wounded Warrior Project

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON, June 18, 2025 (GLOBE NEWSWIRE) — ibex (NASDAQ: IBEX), a leading global provider of business process outsourcing (BPO) and AI-powered customer engagement technology solutions, is proud to announce a $25,000 donation to Wounded Warrior Project® (WWP) as part of ibex CaresTM, the company’s global philanthropic program. This contribution supports WWP’s mission, which focuses on the total well-being of post-9/11 wounded, ill, or injured veterans. From PTSD treatments to essential long-term care, the nonprofit is empowering warriors to thrive – physically, mentally, and financially – for a lifetime.

    WWP began in 2003 by delivering backpacks filled with comfort items to the bedsides of wounded warriors – along with a powerful promise to stand by them as they healed and rebuilt their lives. Today, WWP is the nation’s leading veterans service organization, providing essential lifelines to warriors, their families, and caregivers. Thanks to support from generous Americans and organizations, WWP can serve warriors and their families at no cost to them.

    “On behalf of ibex and our many veterans, we are proud to make this donation to help support our nation’s wounded veterans,” said ibex Chief People Officer Paul Inson. “Supporting the mission of Wounded Warrior Project fits perfectly with our core values of compassion and community service. We believe it’s not just a responsibility but a privilege to give back to those who have given so much for our country.”

    The donation is part of ibex Cares, which supports charitable organizations across ibex’s operational regions. ibex Cares also encourages employees to volunteer and donate to local causes, promoting meaningful connections and driving positive change in communities worldwide.

    “We must never forget the cost of freedom,” said Brea Kratzert Todd, WWP Vice President of Business Development. “Supporters like ibex make it possible for Wounded Warrior Project to provide life-changing programs and be there for warriors throughout their lifetime.”

    As ibex continues to grow, the company remains dedicated to expanding its charitable impact and nurturing a culture of giving back across its global operations.

    “I applaud our team for their amazing generosity and compassion,” said Christy O’Connor, Chief Legal Officer at ibex. “I am personally involved with Wounded Warrior’s Battalion West, where my dog has been a therapy dog to wounded warriors for six years and helped save numerous lives. Giving is in our DNA and is just one more thing that makes ibex special.”

    About ibex

    ibex delivers innovative business process outsourcing (BPO), smart digital marketing, online acquisition technology, and end-to-end customer engagement solutions to help companies acquire, engage and retain valuable customers. Today, ibex operates a global CX delivery center model consisting of 31 operations facilities around the world, while deploying next generation technology to drive superior customer experiences for many of the world’s leading companies across retail, e-commerce, healthcare, fintech, utilities and logistics.

    ibex leverages its diverse global team of approximately 31,000 employees together with industry-leading technology, including the AI-powered ibex Wave iX solutions suite, to manage nearly 175 million critical customer interactions, adding over $2.2B in lifetime customer revenue each year and driving a truly differentiated customer experience. To learn more, visit our website at ibex.co and connect with us on LinkedIn.

    About Wounded Warrior Project

    Wounded Warrior Project is our nation’s leading veteran services organization, focused on the total well-being of post-9/11 wounded, ill, or injured veterans. Our programs, advocacy, and awareness efforts help warriors thrive, provide essential lifelines to families and caregivers, and prevent veteran suicides. Learn more about Wounded Warrior Project.

    Media Contact:
    Dan Burris
    ibex
    Daniel.Burris@ibex.co

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ee99ff99-ccc2-43f4-a5af-da11ebe31725

    The MIL Network –