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Category: GlobeNewswire

  • MIL-OSI: Whales Are Stacking This Top Altcoin: Kaanch Network Gathers Momentum Ahead of Exchange Listing

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, June 17, 2025 (GLOBE NEWSWIRE) — Kaanch Network, a rapidly emerging Layer 1 blockchain protocol, is gaining significant traction in the crypto space, capturing the attention of seasoned investors and whales alike. With a strategic focus on solving the critical limitations of incumbent networks like Ethereum and Solana, Kaanch is redefining scalability, cost-efficiency, and real-world usability.

    Currently in Stage 6 of its presale, Kaanch tokens are priced at just $0.32. The project has already raised over $2.25 million, signaling growing market enthusiasm. Investors are rushing to acquire tokens before the price doubles in the upcoming presale phase to $0.64, and before its anticipated listing on BitMart at a fixed price of $30 per token.

    Whales Are Accumulating Ahead of a Potential 200x Surge

    The interest of investors in Kaanch is increasing, as the presale has already collected more than 2.25 million dollars. The present price of 0.32 will be doubled to 0.64 in the next presale phase, which will create a sense of urgency among buyers who want to get the best out of it. The next listing of the project on BitMart at a price of 30 is likely to push the demand further. This is due to the high presale energy and a well-placed listing that explains why big investors, also known as whales, are piling on Kaanch tokens in the hope of a substantial rise in value.

    Kaanch Outperforms Established Layer 1s with Superior Technology

    Technological features of Kaanch make it the most superior Layer 1 blockchain within the market. It can handle 1.4 million transactions per second, and its finality time is only 0.8 seconds, which is far superior to Ethereum and Solana, which still have problems with scalability and high gas fees even after the latest upgrades. Kaanch is perfect to use in decentralized applications, microtransactions, and payments, and its network of 3,600 decentralized nodes is secure and reliable because of near-zero gas fees. This performance edge makes Kaanch scalable and cost-efficient to mass adoption.

    Presale Details and Investor Incentives

    Kaanch is in Stage 6 of its presale and the tokens are priced at $0.32, with the next stage increasing the price by a factor of two to $0.64. During the presale, investors will have the opportunity to buy tokens with either ETH or USDT and enjoy live staking rewards of up to 30% APY. The limited number of 58 million tokens removes the issue of inflation, which increases scarcity and the possible increase in value. SpyWolf and VerifyLab have audited the project, which provides an extra level of security and transparency, which is attractive to investors with infrastructure focus.

    Upcoming BitMart Listing to Catalyze Growth

    The listing of Kaanch on Bitmart will take place in the near future, and the fixed price of listing will be 30 dollars per token. This event is a significant catalyst that may cause significant price increases, given that the presale price is much lower. Liquidity and wider market access will be offered by the listing, and it will be a significant step in the development of the project.

    Why Investors Should Act Now

    Kaanch is not a Layer 1 blockchain like any other, it addresses the scalability problem that has plagued networks such as Solana and the high gas fees that are still plaguing Ethereum even after recent upgrades like the PECTRA update. Its speed, which is unparalleled, low fees, and strong governance structure make it an outstanding infrastructure project. Those investors who want to get involved in such a rapid presale are to visit the official Kaanch presale site and purchase tokens before the prices increase and the BitMart listing becomes available. It is an uncommon chance to be a part of a project that is on the verge of explosive growth and has solid fundamentals and proven traction.

    For more information about Kaanch Network ) visit the links below:

    Website:https://presale.kaanch.com/
    Whitepaper:https://docs.kaanch.network/
    Twitter/X: https://x.com/KaanchNetwork
    Telegram:https://t.me/kaanchnetwork
    Win 1M: https://presale.kaanch.com/win-1-million
    How to buy : https://presale.kaanch.com/how-to-buy

    FAQs

    Q: What is Kaanch Network?
    A: Kaanch Network is a high-performance Layer 1 blockchain designed to overcome the scalability and cost limitations of traditional networks like Ethereum and Solana.

    Q: How fast is the Kaanch blockchain?
    A: Kaanch processes up to 1.4 million transactions per second with a finality time of 0.8 seconds.

    Q: What makes Kaanch unique compared to other blockchains?
    A: Its speed, near-zero gas fees, robust node infrastructure, and scalability make it highly suitable for dApps, microtransactions, and real-world payments.

    Q: How can I participate in the Kaanch presale?
    A: You can join the presale using ETH or USDT through the official site: https://presale.kaanch.com.

    Q: What is the expected listing price on BitMart?
    A: Kaanch is set to list at a price of $30 per token on BitMart.

    Q: Are there any rewards for early investors?
    A: Yes, early investors can earn up to 30% APY through live staking during the presale phase.

    Q: Has the project been audited?
    A: Yes, Kaanch has been successfully audited by SpyWolf and VerifyLab, ensuring greater transparency and security for investors.

    Q: What is the best crypto to buy now?
    A: While market conditions can vary, Kaanch Network stands out due to its unmatched transaction speed, low fees, and strategic positioning ahead of its BitMart listing. With a strong development roadmap, proven audit credentials, and a capped supply of only 58 million tokens, Kaanch offers early investors an opportunity that combines innovation with scarcity-driven value.

    Q: What are the top altcoins to buy now?
    A: Among top-performing altcoins gaining attention, Kaanch ranks highly due to its infrastructure-first approach, ability to handle 1.4 million TPS, and its application potential across DeFi, payments, and real-world dApps. Investors looking for emerging leaders beyond Bitcoin and Ethereum are watching Kaanch closely.

    Q: What are the best cheap cryptos to buy in 2025?
    A: Kaanch is currently priced at $0.32 in its presale, making it one of the most undervalued high-potential cryptos. With superior Layer 1 capabilities and a looming $30 exchange listing, its current price point represents a unique buying opportunity.

    Q: What is the best cryptocurrency to buy under $1?
    A: Kaanch is one of the most compelling options under $1 due to its combination of technological superiority, limited supply, staking rewards, and imminent exchange listing. It provides exposure to a next-gen blockchain infrastructure before it hits mainstream markets.

    Disclaimer: This is a paid post and is provided by Kaanch Network. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/4b3bbb86-914a-471e-8d5e-9762f9b43bff

    https://www.globenewswire.com/NewsRoom/AttachmentNg/1ed49965-27c4-4299-8617-d59a5c1dccd7

    https://www.globenewswire.com/NewsRoom/AttachmentNg/718a3eb1-13ee-4f27-89c6-05549a8f75d9

    The MIL Network –

  • MIL-OSI: DRML Miner Launches XRP ETF on Toronto Stock Exchange and Expands Cloud Mining Opportunities

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, June 17, 2025 (GLOBE NEWSWIRE) — In a major milestone for both traditional finance and the digital asset space, DRML Miner has officially received regulatory approval from the Ontario Securities Commission (OSC) for its XRP Exchange-Traded Fund (ETF). The ETF will be listed on the Toronto Stock Exchange (TSX) starting Wednesday, June 18, 2025, offering investors a secure, regulated way to gain exposure to XRP.

    This announcement comes alongside another exciting development: DRML Miner is rolling out a new series of XRP-based cloud mining contracts, designed to help users generate daily returns of up to $6,000, with no need for personal mining hardware.

    What is Cloud Mining?

    Cloud mining allows users to rent computing power from remote data centers to mine cryptocurrencies like Bitcoin or XRP—no physical hardware, no maintenance, and no technical expertise required. Users simply choose a contract based on their budget and desired duration, and the mining provider handles the rest.

    DRML Miner: A Platform Designed for Passive Profits

    With over 120 mining farms worldwide and more than 100,000 energy-efficient mining machines, DRML Miner has built a reputation for stability, security, and sustainability. The platform now serves over 7 million users globally and is known for its accessibility, even for crypto newcomers.

    New users are greeted with a $10 sign-up bonus and can earn $0.60 daily just by logging in. The platform’s interface is simple to navigate, and contracts generate daily returns, with your initial investment automatically returned upon expiry.

    Key Features of DRML Miner:

    • Top-Tier Equipment: Uses hardware from Bitmain, Antminer, and Giant Miner for efficient, stable operations.
    • Legally Established: Registered in the UK since 2018, operating under full government compliance.
    • Green Mining: All facilities are powered by renewable energy, making DRML a carbon-neutral operation.
    • Multi-Coin Support: Mine and settle in popular coins like XRP, BTC, ETH, LTC, DOGE, USDT, and more.
    • 24/7 Support: Backed by a professional IT team and real-time customer service.
    • Affiliate Program: Earn up to $60,000 by referring others—no investment required to start earning.

    How to Get Started:

    1. Register Today: Get your $10 bonus instantly.
    2. Pick a Contract: Choose from a variety of cloud mining plans based on your goals.
    3. Start Earning: Let DRML’s automated systems mine on your behalf while you collect daily passive income.

    Join the Affiliate Program

    In addition to mining, DRML Miner now offers an affiliate program with unlimited earning potential. Refer users and receive one-time and recurring bonuses—up to $60,000, depending on the number and activity level of your referrals.

    About Us

    DRML Miner is a leading global cloud mining platform dedicated to making cryptocurrency mining simple, sustainable, and profitable for everyone. Legally established in the UK in 2018, we operate over 120 eco-friendly mining farms powered by renewable energy. With a user-friendly interface, cutting-edge technology, and support for major cryptocurrencies like XRP, BTC, and ETH, we empower over 7 million users worldwide to earn passive income with ease.

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

    The MIL Network –

  • MIL-OSI: Quick Custom Intelligence (QCI) Launches QCI Customer Power Pack at Fort Worth Stockyards, Introducing Real-Time Analytics to the Retail and Hospitality Experience

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, June 17, 2025 (GLOBE NEWSWIRE) — Quick Custom Intelligence (QCI), a global leader in generative driven enterprise platforms, is proud to announce the successful deployment of its QCI Customer Power Pack at the historic Fort Worth Stockyards, in partnership with Stockyards Heritage Development Co. This marks a major milestone as QCI brings its powerful analytics and engagement tools into the retail and hospitality space.

    The QCI Customer mobile experience platform has delivered measurable results, equips retail resort operators with real-time behavioral insights, dynamic guest interaction tools, and comprehensive data activation capabilities. Designed to enhance the entire guest experience, the platform empowers strategic decision-making while streamlining operations.

    Built on QCI’s industry-leading analytics engine, the app offers deep visibility into visitor demographics, behavior patterns, and interests. Interactive features allow operators to enhance engagement and deliver personalized offerings—all while collecting actionable data that fuels continuous improvement.

    Ethan Cartwright, Vice President of Marketing for the Stockyards, expressed his enthusiasm for the new technology, stating: “I enjoy seeing who our visitors are, how they engage with the property, and what they’re interested in. The deep reporting aspects of the APP give us a new level of visibility that we’ve never had before—and it’s already helping us make smarter marketing and operational decisions. We are excited about the opportunities that QCI Customer including QCI Power Pack and the QCI Suite present. The quantity of real-time data available is impressive and allows us to share key metrics quickly and confidently with our marketing partners.”

    This project marks QCI’s expansion into the retail and destination hospitality sectors, where the need for rich, data-driven insights continues to grow. The QCI Customer APP offers a seamless mobile experience that bridges entertainment, shopping, dining, and event discovery—all while capturing critical behavioral data in real time.

    Andrew Cardno, CTO of QCI, shared his thoughts on the successful deployment:
    “We’re excited to bring our proven intelligence platform to the Stockyards. This successful implementation not only validates our retail strategy but also demonstrates how real-time analytics can transform how venues interact with their guests.”

    The QCI Customer APP represents a new frontier in guest engagement for destination venues like the Stockyards. With powerful analytics capabilities and a user-friendly interface, it provides both visitors and operators with an enhanced, intelligent experience.

    QCI’s Enterprise platform is now deployed in over a dozen countries, backed by a solid track record in both retail execution and advanced analytics. With the launch of this new application, QCI has also activated its deep real-time analytical platform, delivering live insights that support operational agility and data-driven decision-making.

    ABOUT Stockyards Heritage Development Co.
    Stockyards Heritage Development Co. is a partnership between nationally recognized developer Majestic Realty Co. and Fort Worth’s Hickman Investments. Created with the intention of thoughtfully reimagining the historic Fort Worth Stockyards, the company is dedicated to preserving the National Historic District legacy while elevating it with experiences for locals and visitors from afar. Accomplished through a public/private partnership with the City of Fort Worth and Tarrant County, the project’s first phase, Mule Alley, broke ground in the fall of 2018 to include the renovation of the destination’s historic, 108-year-old horse and mule barns into a street of curated shops, restaurants, retail, office spaces, and Hotel Drover, an Autograph Collection hotel, which since opening in March 2021, has been consistently rated one of Texas’ top hotels by Travel + Leisure, Condé Nast Traveler, and U.S. News & World Report, among others. Phase II, which was unanimously approved by the City of Fort Worth in June 2024, will encompass an additional $630 Million investment to the district and will include 300,000 square feet of new commercial space, new full-service hotels with 500 rooms, a 295-unit multi-family property, and two or more below-ground parking garages to support Cowtown Coliseum, the Fort Worth Herd, and other area improvements. www.fortworthstockyards.com

    ABOUT QCI
    Quick Custom Intelligence (QCI) has pioneered the revolutionary QCI Enterprise Platform, an artificial intelligence platform that seamlessly integrates player development, marketing, and gaming operations with powerful, real-time tools designed specifically for the gaming and hospitality industries. Our advanced, highly configurable software is deployed in over 250 casino resorts across North America, Australia, New Zealand, Canada, Latin America, and Europe. The QCI AGI Platform, which manages more than $35 billion in annual gross gaming revenue, stands as a best-in-class solution, whether on-premises, hybrid, or cloud-based, enabling fully coordinated activities across all aspects of gaming or hospitality operations. QCI’s data-driven, AI-powered software propels swift, informed decision-making vital in the ever-changing casino industry, assisting casinos in optimizing resources and profits, crafting effective marketing campaigns, and enhancing customer loyalty. QCI was co-founded by Dr. Ralph Thomas and Mr. Andrew Cardno and is based in San Diego, with additional offices in Las Vegas, St. Louis, Dallas, and Tulsa. Main phone number: (858) 299.5715. Visit us at www.quickcustomintelligence.com.

    ABOUT Andrew Cardno
    Andrew Cardno is a distinguished figure in the realm of artificial intelligence and data plumbing. With over two decades spearheading private Ph.D. and master’s level research teams, his expertise has made significant waves in data tooling. Andrew’s innate ability to innovate has led him to devise numerous pioneering visualization methods. Of these, the most notable is the deep zoom image format, a groundbreaking innovation that has since become a cornerstone in the majority of today’s mapping tools. His leadership acumen has earned him two coveted Smithsonian Laureates, and teams under his mentorship have clinched 40 industry awards, including three pivotal gaming industry transformation awards. Together with Dr. Ralph Thomas, the duo co-founded Quick Custom Intelligence, amplifying their collaborative innovative capacities. A testament to his inventive prowess, Andrew boasts over 150 patent applications. Across various industries—be it telecommunications with Telstra Australia, retail with giants like Walmart and Best Buy, or the medical sector with esteemed institutions like City Of Hope and UCSD—Andrew’s impact is deeply felt. He has enriched the literature with insights, co-authoring eight influential books with Dr. Thomas and contributing to over 100 industry publications. An advocate for community and diversity, Andrew’s work has touched over 100 Native American Tribal Resorts, underscoring his expansive and inclusive professional endeavors.

    Contact:
    Laurel Kay, Quick Custom Intelligence
    Phone: 858-349-8354

    The MIL Network –

  • MIL-OSI: The Ministry for Digital Transformation and Public Administration of the Government of Spain has announced an investment of €19.6M in Quantix to Establish a Cybersecurity and Microelectronics Center in the Region of Murcia

    Source: GlobeNewswire (MIL-OSI)

    The Ministry for Digital Transformation and Public Administration of the Government of Spain has announced an investment of €19.6M in Quantix to Establish a Cybersecurity and Microelectronics Center in the Region of Murcia

    The Ministry for Digital Transformation and Public Administration announced its participation in Quantix Edge Security through the Spanish Society for Technological Transformation (SETT), alongside Murcia-based companies OdinS and TProtege, Swiss-based company WISeKey, and France-based company SEALSQ

    Geneva, Switzerland, June 17, 2025 – WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that the Government of Spain has announced its investment of €19.6M in Quantix to Establish a Cybersecurity and Microelectronics Center in the Region of Murcia.   WISeKey expects to issue a press-release detailing the project shortly.

    A free translation of the Spanish language announcement by the Spanish Ministry for Digital Transformation and Public Administration is set forth below.

    “The Council of Ministers announced today, the launch of Quantix, an ambitious public-private joint venture with a total investment of €40M. The venture includes OdinS, a spin-off from the University of Murcia, Murcia-based TProtege, and Switzerland-based WISeKey and France-based SEALSQ, both listed on NASDAQ. Quantix will develop a Semiconductor Design and Personalization Center in the Region of Murcia with advanced capabilities in cybersecurity, post-quantum technology, AI, and RISC-V systems.

    The investment, driven by the Ministry for Digital Transformation and Public Administration, exceeds €19.6 million and will be managed through SETT (Spanish Society for Technological Transformation), a recently established public entity created by the Government of Spain to invest in and support strategic and emerging projects that advance Spain’s technological transformation.

    This project, which began gaining public traction in February 2024, has now culminated with the approval of the Spanish Government’s financial backing. Quantix represents a strategic international public-private alliance aligned with the European Union’s digital transformation and technological sovereignty plans, addressing the critical challenge of cybersecurity in an ultra-connected world.

    Quantix projects the creation of 40 jobs in the first two years, 70 in the third year, and 152 by the fifth year, with a goal of reaching 250 employees by the eighth year. The initiative aims to foster high-quality employment, research, and technology in the Region of Murcia, with a plan to attract both regional and international talent.

    The establishment of Quantix Edge Security will centralize part of the value chain in a single location in the Region of Murcia, reducing reliance on non-European suppliers for microchip design and manufacturing.

    Due to cybersecurity regulations being standardized by national agencies, Quantix’s target market focuses on post-quantum-resistant products, which, by 2030, will be essential for governmental applications such as passports and defense, as well as sensitive private-sector applications.

    This project has been supported from its inception by María González Veracruz in her various roles, both at the Secretary of State for Telecommunications and Digital Infrastructures and currently at the Secretary of State for Digitalization and Artificial Intelligence. She has repeatedly emphasized the importance of aligning this project with the financial instruments of the Strategic Project for Economic Recovery and Transformation in Microelectronics and Semiconductors (PERTE Chip), promoted by the Government of Spain.

    José Trigueros, founder and CEO of OdinS and TProtege, celebrates the launch of Quantix, an ambitious project that aims to position the Region of Murcia as a benchmark for innovation, microelectronics, and technological sovereignty, establishing the region as a new international hub for the development of secure microchips. This will lead the transition toward a resilient digital ecosystem that minimizes external dependencies in a shifting geopolitical landscape.

    Carlos Moreira, Founder and CEO of WISeKey and SEALSQ, stated: “I extend my heartfelt congratulations to the Government of Spain and the Region of Murcia for this ambitious and strategic initiative, which not only strengthens national cybersecurity capabilities but also positions the region as a European leader in the development of key technologies such as post-quantum semiconductors.”

    Both leaders agree that the challenge ahead is immense, but so is the positive impact they aim to achieve. “We will create jobs, attract talent, develop cutting-edge technology, and place Murcia and Spain on the European map for semiconductors and cybersecurity,” they affirmed.

    Collaborations with research centers, technology hubs, and regional universities, particularly the University of Murcia (UMU), which has extensive experience in cybersecurity and has participated in numerous security projects over the past two decades, strengthen the scientific capacity of the proposed ecosystem.

    SEALSQ and WISeKey bring robust international expertise in cybersecurity and post-quantum semiconductor projects, developing advanced solutions for strategic sectors such as defense, healthcare, IoT, and aerospace. SEALSQ designs quantum-resistant microcontrollers and ASICs, integrating NIST-standard post-quantum algorithms such as Kyber, Dilithium, and Falcon, and collaborates with excellence centers like Mines Saint-Étienne in France. It is one of the few companies worldwide producing semiconductors specifically designed to withstand quantum threats, with its technologies embedded in over 1.75 billion devices globally. WISeKey complements this capability with its global digital identity and PKI (Public Key Infrastructure) infrastructure, including post-quantum trust roots, secure electronic voting systems, IoT devices, and certified blockchain platforms. Together, both companies have created a comprehensive and sovereign digital security ecosystem capable of protecting critical infrastructure against emerging quantum threats, offering end-to-end solutions from chip to cloud, including authentication, encryption, identity, and data protection.

    It is worth noting that OdinS, alongside WISeKey International Holding and SEALSQ, is involved in various international initiatives, such as European (ETSI EN 303 645) and U.S. (NIST IR 8425) regulations, which mandate digital identity for connected devices, as well as IoT lifecycle security management systems and certification processes for system security.

    The latest projects by OdinS in RISC-V, SEALSQ in post-quantum chips, and WISeKey in secure elements and trust roots will enhance technological and commercial synergies, combining two decades of expertise in IoT and cybersecurity.

    About Odin Solutions

    Odin Solutions (OdinS), founded in June 2014, is accredited as an innovative ICT company (EIBT) by MINECO and ANCES. OdinS specializes in IPv6 Internet of Things, Big Data, and Security. Its team has extensive experience and strong research, innovation, and technological development capabilities in integrated IoT systems and Big Data platforms for water/energy efficiency, security, and remote infrastructure management. OdinS holds several patents in monitoring and telecontrol systems. The company offers open, flexible, and interoperable products capable of connecting infrastructures and mobile platforms for Smart Cities, infrastructure, defense, and Smart Agriculture. Since its inception, OdinS has focused on IoT system security certification solutions and, more recently, on developing RISC-V-based systems, a cutting-edge European technology for open systems aligned with the new requirements set by European initiatives such as NIS2 and the Cyber Resilience Act (CRA).

    OdinS’s multidisciplinary and entrepreneurial team works daily to address the challenges of an increasingly connected and technological society. OdinS is a member of the International IoT Forum and AIOTI (Alliance for Internet of Things Innovation) and actively participates in standardization working groups on Smart Cities, Architectures, and Standards. Specifically, OdinS collaborates with ETSI (European Telecommunications Standards Institute) in the ISG CIM (Cross-Sector Context Information Management) industry standardization group to design interoperable interfaces between IoT devices and Big Data platforms. OdinS views collaborative R&D projects as the best investment for achieving more competitive products and solutions. For more information, visit www.odins.es.

    About TProtege

    TProtege has a significant regional presence in the security and control systems market, with a strong focus on applying the latest technologies to deliver tailored solutions and superior customer service. It aspires to be a benchmark for integrated ICT solutions in the audiovisual sector, particularly in security and control. TProtege is a leader in technology-based systems, offering audiovisual engineering, surveillance, environmental monitoring, access control, and logistics security services. For more information, visit www.tprotege.es.”

    About SEALSQ:
    SEALSQ is a leading innovator in Post-Quantum Technology hardware and software solutions. Our technology seamlessly integrates Semiconductors, PKI (Public Key Infrastructure), and Provisioning Services, with a strategic emphasis on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable.

    SEALSQ is pioneering the development of Post-Quantum Semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including Multi-Factor Authentication tokens, Smart Energy, Medical and Healthcare Systems, Defense, IT Network Infrastructure, Automotive, and Industrial Automation and Control Systems. By embedding Post-Quantum Cryptography into our semiconductor solutions, SEALSQ ensures that organizations stay protected against quantum threats. Our products are engineered to safeguard critical systems, enhancing resilience and security across diverse industries.

    For more information on our Post-Quantum Semiconductors and security solutions, please visit www.sealsq.com.

    About WISeKey

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

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

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

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

    Press and Investor Contacts

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

    The MIL Network –

  • MIL-OSI: Cority’s 2025 Sustainability Report: Double‑Digit Drop in Cloud‑Hosting Emissions and Record Community Engagement

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 17, 2025 (GLOBE NEWSWIRE) — Cority, the global leader in enterprise Environmental, Health, and Safety (EHS) and Sustainability software, has published its 2025 Sustainability Report, detailing how the cloud‑software leader simultaneously shrank its environmental footprint and amplified employee impact during 2024.

    Powered by the CorityOne platform’s ESG data collection and GHG calculation engine, the company traced its most significant progress closely. The Cority Sustainability Cloud underpinned every metric in the report, giving leadership accurate and auditable insight to steer next‑step actions. 2024 highlights include:

    • Volunteerism takes off. Adoption of Cority’s two‑day Volunteer Program, which launched in 2023, soared. Employees dedicated 106.5 workdays to local tree plantings, food drives, charity support and community initiatives.
    • Full Scope 3 visibility. Cority broadened its greenhouse‑gas inventory improving data quality and expanding coverage of key Scope 3 categories — Purchased Goods & Services, Business Travel, Home‑working and Commuting—using primary data where available.
    • Hosting emissions slashed. Migrating EU and Americas servers to renewable‑energy data centers drove a 42% absolute reduction (47% per‑customer) in hosting‑related emissions year‑over‑year.

    In 2025, Cority has committed to setting an official science-based target with the SBTi. To inform that commitment, the company will deepen its measurement of business travel, commuting, and supply‑chain emissions and layer primary data into event‑impact tracking. Cority is also streamlining internal processes in 2025 so every employee can more easily use their two Volunteer Days, multiplying the grassroots energy already on display.

    “Sustainability has been a cornerstone of Cority for many years, and its importance has only grown as the world increasingly demands accountability, transparency, and action from the global business community,” said Ryan Magee, CEO of Cority. “The momentum captured in this report proves that transparency plus action delivers real‑world results.”

    The complete Sustainability Report 2025 can be downloaded at cority.com/sustainability-report.

    About Cority
    Cority gives every employee from the field to the boardroom the power to make a difference, reducing risks and creating a safer, healthier, and more sustainable world. For over 35 years, Cority’s people-first software solutions have been built by EHS and sustainability experts who know the pressures businesses face. Time-tested, scalable, and configurable, CorityOne is the responsible business ecosystem that combines datasets from across the organization to enable improved efficiencies, actionable insights, data-driven decisions, and more accurate reporting on performance. Trusted by over 1,500 organizations worldwide, Cority deeply cares about helping people work toward a better future for everyone. To learn more, visit www.cority.com

    Media Contact
    Natalie Rizk
    RiotMind
    natalier@theriotmind.agency

    The MIL Network –

  • MIL-OSI: Institute of Regional Studies: Field Marshal Visits U.S. to Reinforce Role as Regional Stabilizer

    Source: GlobeNewswire (MIL-OSI)

    ISLAMABAD, June 17, 2025 (GLOBE NEWSWIRE) — Pakistan’s Chief of Army Staff, Field Marshal Syed Asim Munir, commenced a high-level visit to the United States this week, signalling a renewed chapter in military diplomacy amid escalating tensions across the Middle East and South Asia.

    The Institute of Regional Studies (IRS) in Islamabad held an event on “What’s next for Iran-US Nuclear negotiations” on the 12th of June 2025 where analysts reflected on Pakistan’s proactive diplomatic and defence engagement with the United States during a critical time for global and regional security. IRS and participating analysts spoke about Pakistan’s foreign policy and regional peace, noting that Pakistan has taken a strategic reset after the altercation with India in May 2025 – choosing to not only rekindle US-Pakistan ties but to take a proactive approach in managing regional peace and security.

    With conflict intensifying between Iran and Israel, and Afghanistan remaining a fragile state following the U.S. withdrawal, Pakistan’s position (geographic, diplomatic and security) makes it a critical player for the US and the world at large. Munir’s visit is seen as part of a broader U.S. effort to cultivate reliable partners who can help contain extremist spill over, mediate regional hostilities, and provide strategic balance against escalating tensions and instability in the region.

    Welcomed by diaspora communities across major American cities, the Field Marshal’s presence has been widely perceived as a message of resilience and a signal of Islamabad’s intent to re-engage proactively with Washington on defense and security matters.

    Key Focus Areas of the Visit

    • Counterterrorism Coordination: Strengthening intelligence sharing to track extremist elements across the Afghan-Iranian corridor.
    • Securing Abandoned U.S. Military Assets: Developing joint protocols for tracking and neutralizing equipment left behind post-Afghanistan.
    • Strategic Dialogue: Opening renewed discussions on Kashmir, regional diplomacy, and economic cooperation.
    • Support to the US: in restoring the peace process with Iran-Israel

    U.S. CENTCOM Chief General Michael Kurilla’s recent acknowledgment of Pakistan as a “phenomenal partner” highlights the importance of this engagement. Analysts view the visit as an inflection point in U.S.–Pakistan relations — moving from transactional ties to a more sustained security alliance.

    About

    The Institute of Regional Studies (IRS) is an Islamabad-based think tank that conducts free, focused research on South Asia’s foreign and national affairs, including geostrategic, defense, economic, cultural, health, education, environment, science, technology, and social issues. IRS also works on China, West Asia, and the Central Asian Republics.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7a493e54-0360-4885-abd7-a6dc8b78d613

    The MIL Network –

  • MIL-OSI: Broadcom Delivers the Modern Private Cloud with VMware Cloud Foundation 9.0

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., June 17, 2025 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ: AVGO) is announcing the general availability of VMware Cloud Foundation (VCF) 9.0, the platform for the modern private cloud. With VCF 9.0, customers gain a consistent operating model for the private cloud, spanning data centers, edge, and managed cloud infrastructure from service providers and hyperscalers. VCF 9.0 combines the agility and scalability of public cloud with the security, performance, architectural control and total cost of ownership (TCO) benefits of an on-premises environment.

    VCF 9.0 delivers a single unified platform that supports all applications—traditional, modern, or AI—with consistent operations, governance, and controls across the private cloud environment. With VCF 9.0, customers benefit from a modern private cloud that:

    • Accelerates innovation with out-of-box self-service offerings and a consistent experience that frees development teams to focus on applications instead of infrastructure.
    • Controls cost through deep visibility and insights into resource usage that allow better planning, predicting, and optimization of cloud spend.
    • Enables sovereignty and security with data control that supports better compliance, cyber resilience at scale and fleet-level management that helps ensure the latest patches are applied quickly, security controls are up to date, and policy compliance continues.

    “With this next generation of our cloud platform, VMware Cloud Foundation 9.0, we are again raising the bar for the modern private cloud by vastly simplifying the deployment, operations, and developer experience of the cloud,” said Krish Prasad, senior vice president and general manager, VCF Division, Broadcom. “Most enterprises are now looking to the private cloud to run both traditional mission-critical and new AI and containerized applications. VMware Cloud Foundation 9.0 is the ideal platform for running these modern applications, enabling our customers to be more innovative, efficient, resilient, and secure. We are very excited to see that customers of all sizes are embracing VCF at a rate that has exceeded even our own high expectations.”

    “VMware Cloud Foundation has enabled us to execute on our private cloud strategy by breaking down IT silos, removing technical debt, and allowing teams to shift from focusing on keeping the lights on to higher value projects that move our business forward,” said Roger Joys, Principal Technology Strategy Advisor, Cloud & Data, GCI Communications. “By delivering an ‘everything as code’ private cloud platform, we simply do everything faster and more securely now. Security patches are easier to implement, new applications are deployed in minutes rather than months, and services are updated and rolled out to customers in a fraction of the time. These are all benefits people only thought were possible in the public cloud. We are doing these things in our modern private cloud.”

    “VMware Cloud Foundation is at the core of our Digital Application Platform. Using VCF, we have expanded our on-prem delivery capabilities while improving operational efficiency,” said Paolo Bazzica, chief information officer, IPZS. “At IPZS, we feel that we are now on the right track to continue supporting Italy’s digital transition with a modern private cloud that enables full use of our competences to deliver cloud native applications. Compared to more traditional on-prem setup, we saw a steep IT manual tasks reduction by up to 70% through automation while improving our business resilience.”

    “With VMware Cloud Foundation, we can offer our customers a private cloud operating model from our own data center,” said Michael Heier, Head of Managed Workplace, Ratiodata. “VCF offers a significantly more flexible and easier-to-manage IT infrastructure with its automation, advanced security features, dynamic networking capabilities, and comprehensive cloud management. VMware vSphere Kubernetes Service enables us to deliver a unified platform for both VM and containerized apps, while VMware Private AI allows us to securely harness AI capabilities across this infrastructure. Increased server performance and superior VM density will reduce our total number of servers, lowering power consumption and costs by an estimated 25–30%.”

    “Previously we had a large-scale legacy IT infrastructure that needed to evolve into something that was very agile, flexible, cost-optimized and secure,” said Keith Woolley, Chief Digital and Information Officer, University of Bristol. “With VMware Cloud Foundation, University of Bristol has built a modern private cloud that completely revolutionizes the way we operate and deliver services to our academic community. VCF enables us to run our AI jobs. It gives us the sovereignty we were seeking. And we know there’s hidden benefits in the VCF platform that we’re only just starting to discover.”

    The Fundamental Shifts in VMware Cloud Foundation 9.0​
    VMware Cloud Foundation 9.0 boasts a completely new architecture that empowers IT admins and application teams to accomplish far more and spend far less. The platform delivers a streamlined experience for building, operating, and securing a modern private cloud across on-premises data centers, in hyperscaler and VMware Cloud Service provider clouds, and at the edge. VCF 9.0 is uniquely designed to remove the friction between infrastructure and application teams.

    One Interface for Private Cloud Operations
    VCF 9.0 introduces a unified interface for cloud administrators, offering a holistic view of private cloud operations. The new Quick Start App significantly reduces setup time and complexity. Integrated cost management and policy enforcement enables immediate compliance and operational efficiency. Scalable fleet management allows administrators to plan, schedule, and execute upgrades across clusters efficiently, increasing daily productivity up to 10x1. Centralized identity and access management, including single sign-on, password policies, and certificates, enable consistency across environments. Consolidated log management delivers insights twice as fast1, allowing for rapid response. Advanced analytics help administrators understand workload behavior, enabling targeted responses for security and performance optimization.

    Frictionless Cloud Consumption Experience
    VCF 9.0 offers a unified interface for platform and development teams, simplifying infrastructure service delivery and consumption. Platform teams can effectively organize, provision, and manage tenant resources with granular control. More secure, role-based access is enabled through streamlined administration of both admin and tenant identities. Compliance across all deployments is maintained by built-in governance policies, while pre-configured blueprints simplify provisioning, lessen manual tasks, and guarantee repeatable, compliant infrastructure. Developers gain access to automated and elastic self-service IaaS services, creating a genuine cloud-like experience.

    Unified VM, Container and Kubernetes Platform
    VCF 9.0 takes a significant leap forward as a unified platform for traditional, cloud native and AI applications. The embedded vSphere Kubernetes Service (VKS) enables both virtual machines (VMs) and containers to be treated equally. This allows customers to build, deploy, and run Kubernetes and virtualized workloads together and eliminates complex DevOps stacks and integrations. Developers can immediately begin building and deploying, while IT maintains security and consistency. A single interface and operational model manages VM-based applications, cloud-native workloads, AI/ML applications, and traditional enterprise databases.

    Superior Cloud Cost Transparency
    VCF 9.0 offers distinct cost predictability and transparency advantages over public cloud. Comprehensive insights extend beyond infrastructure, incorporating software licensing, operational expenses, and data center costs, thus providing a holistic TCO perspective. Additionally, built-in analytics enable predictive cost modeling for effective infrastructure planning and forecasting, helping organizations avoid unforeseen financial challenges. Automated resource optimization dynamically reclaims underutilized capacity to enhance workload efficiency and prevent unnecessary infrastructure sprawl. Finally, detailed showback and chargeback data, grounded in resource allocation, provide a clear return on infrastructure investment.

    Sovereign and Secure
    VCF 9.0 is engineered to provide robust data control, compliance, and resilience, empowering IT operations amidst regulatory complexities and geopolitical uncertainty. A key feature is the new SecOps dashboard, offering a quick view of platform security and data controls, along with integrated compliance policies. Regulatory guardrails facilitate consistent governance. VCF 9.0’s support for the latest confidential computing technologies from AMD and Intel will enable organizations to leverage the newest generation of secure enclaves, encrypted memory, and attestation capabilities, allowing IT teams to deploy confidential workloads across heterogeneous infrastructure while maintaining consistent security policies and operational workflows.

    Core Innovation Delivers Meaningful Customer Outcomes
    VCF 9.0 is built on industry-leading compute, networking, and storage technologies, and Broadcom continues to innovate around these core capabilities to deliver significant customer value. Advanced Memory Tiering for NVMe can deliver 38%1 lower memory and server TCO. VMware vSAN ESA with Global Dedupe2 can reduce storage TCO by 34%1. VMware NSX enhanced data path can deliver as much as 3x1 switching performance to maximize throughput. New vSAN-to-vSAN data protection with deep snapshots enables more efficient, native recovery from disasters or ransomware attacks. As a platform for modern AI applications, VCF delivers virtually zero performance overhead when compared to bare metal3 while providing the ability to support zero-downtime vMotion for AI applications.

    New Innovation Across Advanced Services for VCF Portfolio
    Advanced services for VMware Cloud Foundation are ready-to-deploy solutions that enable customers to accelerate innovation in their private cloud environments. This diverse library of private cloud solutions is similar to what enterprises have come to expect from the public cloud, allowing them to access the tools and technologies they need to rapidly address a variety of use cases and business opportunities. With VCF 9.0, Broadcom is delivering new innovations across the advanced services portfolio:

    • VMware ​Private AI​ Foundation​ with NVIDIA: This joint AI solution from Broadcom and NVIDIA is built on VMware Cloud Foundation and includes the VMware private AI package and NVIDIA AI Enterprise. The solution offers air-gap support for isolated deployments; GPU-as-a-Service with multi-tenancy support for AI workloads; NVIDIA vGPU C-Series profile visibility to eliminate manual capacity tracking; improved resource utilization with enhanced GPU and vGPU monitoring capabilities; simplified model usage and scalability with Model Runtime; NVIDIA NIM for easy, high-performance AI model inference; and more efficient creation of AI Agents with Agent Builder Service.​
    • VMware Live Recovery: A single solution for managing cyber and disaster recovery across VMware Cloud Foundation (VCF) deployments, VMware Live Recovery now delivers increased data sovereignty through an on-premises isolated clean room / recovery environment (IRE) for cyber recovery (available as a VMware Validated Solution); flexibility to recover to a VCF isolated clean room on-premises or an existing cloud option; up to 200 immutable snapshots per VM enabled by native replication; and more efficient scaling through the ability to expand storage independently of compute with vSAN storage clusters
    • VMware vDefend: This advanced service for VCF provides built-in threat detection and response, zone- and application-level micro-segmentation, distributed lateral security, reduced attack surface, and zero trust enforcement across VCF environments. With VCF 9.0, vDefend has added self-service microsegmentation; VPC-aware lateral security with delegated administration; VCF Import integration to streamline transition of existing vDefend deployments into VCF 9.0; and global IDS/IPS policy management for consistent threat defense policies across multi-site VCF deployments.​ Read the news blog here.
    • VMware Data Services Manager (DSM): As an advanced service for VCF, DSM 9.0 currently provides enterprise support for PostgreSQL and MySQL, and is now in Tech Preview with Microsoft SQL Server​. New integration with VCF Automation enables IT teams to deliver database as a service (DBaaS), while additional DSM enhancements increase the operational efficiency for large database fleet management.
    • Avi Load Balancer: This service provides plug-and-play load balancing services for VM and Kubernetes workloads with built-in global server load balancer (GSLB), application health and latency analytics, and web application firewall (WAF). With VCF 9.0, Avi Load Balancer now supports load balancing as self-service, streamlined operations and lifecycle management, and VPC-aware deployments. Read the news blog here.

    Partner Ecosystem Commentary

    “AMD and VMware continue to push the boundaries of enterprise infrastructure. The latest release of VMware Cloud Foundation 9.0 builds on our shared vision to deliver solutions with great performance, exceptional total cost of ownership, and advanced security with AMD EPYC™ processors featuring SEV-SNP. Customers can confidently and efficiently scale modern workloads—from virtualization to AI—across secure hybrid cloud environments.” – Raghu Nambiar, Corporate Vice President, Silicon Design Engineering, AMD

    “Azure VMware Solution (AVS) is a fully managed VCF service that provides customers the flexibility to combine VMware Cloud Foundation private clouds with the scale and flexibility of Azure. As customers adopt the latest innovations in VMware Cloud Foundation 9.0, they will be able to take advantage of Microsoft’s support for VCF license portability to extend VMware workloads to Azure as is, with minimal to no refactoring, and benefit from the continuity, scale, and fast provisioning for VMware workloads on global Azure infrastructure.” – Brett Tanzer, Vice President, Product Management for the Azure Solutions and Ecosystem Team

    “As organizations face increasing demands for data security, control and scalability, they’re turning to Dell Technologies to help them easily build private cloud environments. VMware Cloud Foundation 9.0 on Dell infrastructure will deliver a private cloud solution that eliminates IT silos, reduces risk and boosts operational efficiency.” – Gil Shneorson, Senior Vice President, Solutions Platform, Dell Technologies

    “Our strong partnership with Broadcom is key to delivering the latest VMware innovations on Google Cloud. With VMware Cloud Foundation 9.0, we’re particularly excited about the unified interface for private cloud operations, which streamlines management, and the frictionless cloud consumption experience, which empowers both platform and development teams. We look forward to bringing these advanced capabilities and more to Google Cloud VMware Engine, further enabling our customers to accelerate innovation and optimize their cloud environments.” – Nirav Mehta, Vice President, Product Management, Google Cloud

    “As enterprises embrace hybrid operating models, IT teams are under increasing pressure to modernize infrastructure without adding complexity or compromising on security and resilience. HPE GreenLake for VMware Cloud Foundation with VCF 9.0 will offer a co-engineered, validated solution with flexible consumption, multi-layered security and pre-integrated technology—all designed to streamline an organization’s private cloud journey.” – Rajeev Bhardwaj, Vice President and Chief Product Officer, Private Cloud and Flex Solutions, HPE

    “VMware Cloud Foundation 9.0 on Intel® Xeon® 6 platforms brings new levels of cost optimization and advanced security to the modern private cloud. With greater hardware consolidation and Intel® TDX enabling confidential computing, our mutual customers can lower total cost of ownership, enhance trust and data protection, and accelerate their AI adoption.” – Greg Ernst, CVP, Sales and Marketing Group, Intel Corporation

    “Lenovo ThinkAgile VX Series, a co-engineered solution with VMware Cloud Foundation, enables enterprises to implement a hybrid cloud environment using a turnkey solution for faster deployments, seamless lifecycle management and full-stack monitoring with Lenovo XClarity. Built on trusted Lenovo servers that are reliable and secure, this workload-ready solution is tested, optimized and validated for compliance to handle various workloads, including demanding AI projects. With VCF 9.0, Lenovo will offer customers a unified platform for all applications, blending public cloud agility with on-premises security and resilience.” – Stuart McRae, Executive Director and General Manager, Data Storage Solutions, Lenovo ISG

    “Enterprises building AI factories need solutions for integrating AI into the heart of their operations. VMware Private AI Foundation with NVIDIA fast-tracks enterprise AI deployments with a secure, full-stack platform for building, customizing and running AI models, agents and applications.” – John Fanelli, Vice President, Enterprise AI Software at NVIDIA

    Additional Resources

    Sources
    1-Based on internal Broadcom engineering estimates or test results, subject to change. March 2025.
    2-vSAN Global Dedupe requires RPQ. Contact account team for details.
    3-MLPerf Inference v5 Benchmark results, April 2025.

    About Broadcom
    Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor, enterprise software and security solutions. Broadcom’s category-leading product portfolio serves critical markets including cloud, data center, networking, broadband, wireless, storage, industrial, and enterprise software. Our solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Broadcom is a Delaware corporation headquartered in Palo Alto, CA. For more information, go to www.broadcom.com.

    Broadcom, the pulse logo, and Connecting Everything are among the trademarks of Broadcom. The term “Broadcom” refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners.

    Media Contact:
    Roger T. Fortier
    VCF Division, Broadcom
    +1.408.348.1569
    roger.fortier@broadcom.com

    The MIL Network –

  • MIL-OSI: Fairy Devices Launches Global Sales of THINKLET – Programmable Wearable AI Device for Developers

    Source: GlobeNewswire (MIL-OSI)

    TOKYO, June 17, 2025 (GLOBE NEWSWIRE) — Fairy Devices Inc., a Tokyo-based deep tech platformer, today announced the global launch of THINKLET, a programmable wearable AI device for AI application developers.

    The international sales page is available at
    https://mimi.fairydevices.jp/technology/device/thinklet/en/

    THINKLET is a programmable wearable AI device that enables developers to build AI applications using the THINKLET App SDK. It is designed for engineers with software development experience.
    A full suite of developer resources—including an official developer portal, tutorials, and sample apps—is available at
    https://fairydevicesrd.github.io/thinklet.app.developer/
    (Note: The content is available in Japanese only. Please use your preferred translation tool.)
    Sample movies created with THINKLET are available at the following link:
    https://www.youtube.com/@fairydevicesinc.official5032

    THINKLET was exhibited at the ACM CHI Conference on Human Factors in Computing Systems 2025, the premier international conference for Human-Computer Interaction, where it received high praise from researchers around the world.
    https://fairydevices-chi2025.studio.site/

    Lightweight and worn around the neck, THINKLET is built for hands-free daily operation. It features a wide-angle Full HD camera, a five-microphone array for reliable voice capture in noisy environments, GPS and a 9-axis motion sensor for activity and location tracking, cellular connectivity via SIM card, and wireless interfaces such as Wi-Fi and Bluetooth. These features make it ideal for applications such as remote collaboration, on-site data capture, and voice-based AI interaction.

    Note: THINKLET is intended for developers with software development experience. It is not a plug-and-play consumer device.

    THINKLET has already been adopted by a wide range of Japanese research institutions and industrial partners—including Daikin Industries, a global air conditioning manufacturer—for use in field operations and prototyping of AI-powered solutions. With global availability now open, Fairy Devices aims to enable developers worldwide to build practical wearable AI applications.

    For more information or to request a developer unit, please visit
    https://mimi.fairydevices.jp/technology/device/thinklet/en/

    About Fairy Devices Inc.
    Fairy Devices is a Japan-based technology company dedicated to revolutionizing how onsite and deskless workers interact with devices and data, particularly in industrial and field environments. By combining cutting-edge hardware, AI-driven software, and user-centric design, we create solutions that streamline workflows, improve safety, boost productivity, and enable interaction with AI. Our flagship product, THINKLET, exemplifies our commitment to pioneering next-generation human-computer interaction—providing a powerful wearable AI platform that supports both practical operations and advanced research.

    Media Contact
    Fairy Devices Inc.
    Email: thinklet-sales@fairydevices.jp
    Website: https://fairydevices.jp/en

    A photo accompanying this announcement is available at: 
    https://www.globenewswire.com/NewsRoom/AttachmentNg/2ce2219c-77c9-4e06-b273-d8d593b06d78

    The MIL Network –

  • MIL-OSI: Solutions30 Annual General Meeting Results – June 17, 2025

    Source: GlobeNewswire (MIL-OSI)

    Approval of all resolutions

    Nomination of new Supervisory Board members

    The Solutions 30 SE General Meeting was held in Luxembourg on June 17, 2025, chaired by Gianbeppi Fortis, Chairman of the Management Board.

    All resolutions proposed at the Annual General Meeting were adopted, including:

    • Approval of the annual accounts and the consolidated accounts of the Company for the financial year ended on 31 December 2024, and allocation of results;
    • Approval of the nomination of Mrs. Maria Zesch et de Mr. Olivier Domergue as members of the Supervisory Board, and approval of the renewal of Mrs. Pascale Mourvillier’s mandate as member of the Supervisory Board;
    • Re-appointment of PKF Audit & Conseil S. à r.l. as approved statutory auditor;
    • Appointment of PKF Audit & Conseil S. à r.l in relation to the assurance opinion on the sustainability reporting included in the management report for the financial year 2025;
    • Approval of the annual remuneration of the Supervisory Board members;
    • Approval of the remuneration report (advisory vote);     

    Solutions30 thanks its shareholders for their support and trust.

    Results of the votes will be available today on the Group’s website: www.solutions30.com.

    About Solutions30 SE

    Solutions30’s mission is to make the technological developments that are transforming our daily lives accessible to everyone, individuals and businesses alike, especially with regard to the digital transformation and the energy transition. With its network of more than 16,000 technicians, Solutions30 has completed over 65 million call-outs since its inception and led over 500 renewable energy projects with a combined maximum output surpassing 1800 MWp. Every day, Solutions30 is doing its part to build a more connected and sustainable world. Solutions30 has become an industry leader in Europe with operations in 10 countries: France, Italy, Germany, the Netherlands, Belgium, Luxembourg, Spain, Portugal, the United Kingdom, and Poland. The capital of Solutions30 SE consists of 107,127,984 shares, equal to the number of theoretical votes that can be exercised. Solutions30 SE is listed on the Euronext Paris exchange (ISIN FR0013379484- code S30). Indices : CAC Mid & Small | CAC Small | CAC Technology | Euro Stoxx Total Market Technology | Euronext Tech Croissance.

    Visit our website to learn more: www.solutions30.com

    Contact

    Individual Shareholders:
    Tel: +33 1 86 86 00 63 – shareholders@solutions30.com

    Investor relations
    Investor.relations@solutions30.com

    Press – Image 7:

    Charlotte Le Barbier – Tel: +33 6 78 37 27 60 – clebarbier@image7.fr

    Attachment

    The MIL Network –

  • MIL-OSI: RIBER completes phase I of ROSIE with a partnership agreement signed with NQCP, a leading research center in Denmark

    Source: GlobeNewswire (MIL-OSI)

    RIBER completes phase I of ROSIE with a partnership agreement signed with NQCP, a leading research center in Denmark

    Bezons (France), June 17, 2025 – 6:00pm (CET) – RIBER, the global leader in Molecular Beam Epitaxy (MBE) equipment for the semiconductor industry, announces the signing of a three-year collaborative partnership with the Novo Nordisk Foundation Quantum Computing Programme (NQCP), a world-class research center based in Denmark.

    A strategic partnership to qualify the ROSIE process, the first 300 mm machine dedicated to photonics and compatible with silicon fabs

    This partnership marks a major milestone in RIBER’s ambition to become an integral part of silicon fab production lines. It focuses on the industrial qualification of ROSIE (Riber Oxide Silicon Epitaxy), a platform specifically designed for oxide growth on 300 mm wafers and fully compliant with SEMI standards.

    ROSIE is aimed at several strategic markets:

    • ultra-fast optical communications, particularly the Datacom / Telecom segments;
    • optical computing;
    • photonic quantum technologies.

    First ROSIE system sold

    The partnership includes the sale of the first ROSIE unit to NQCP, with delivery scheduled for the second half of 2025. The system will be integrated into a pilot line dedicated to photonic technologies. The program involves joint development work to optimize the process, which will be standardized in the equipment to enable rapid production ramp-up and fast-track achievement of the productivity levels expected by customers.

    A French-born platform supported by France 2030 to tackle global silicon industry challenges

    Developed since 2021, ROSIE embodies RIBER’s commitment to breakthrough innovation, combining cutting-edge MBE expertise with full compatibility with the industrial requirements of silicon production lines. The project has received support from the Île-de-France Region through the Innov’Up program and from Bpifrance under the France 2030 investment plan.

    An exceptional collaboration

    Partnering with Professor Krogstrup’s team was a natural choice.

    “The scientific environment, the team’s outstanding expertise, and their enthusiasm were decisive in our decision,” comments Dr. Jean-Louis Guyaux, Chief Technology Officer of RIBER Lab.

    Annie Geoffroy, Chairwoman and CEO of RIBER, adds: “Our partnership with a leading European lab in integrated silicon photonics is a strategic lever to accelerate the development of innovative processes. This collaboration will help us better meet growing market demands for performance, miniaturization, and energy efficiency, while also strengthening our capacity for innovation.”

    Driving a European innovation forward

    Through this partnership, RIBER confirms its driving force in the European ecosystem for applied photonics research. It showcases the ability of a French industrial SME to bring cutting-edge technology to a global stage and underlines the power of collaboration between industry and science in shaping tomorrow’s technologies.

    “This collaboration launches Phase II of the ROSIE journey – industrialization. It is a source of pride for RIBER to see a French technology emerge as a key enabler for next-generation quantum components,” concludes Annie Geoffroy.

    About NQCP

    The Novo Nordisk Foundation Quantum Computing Programme (NQCP) is a research initiative launched by the Novo Nordisk Foundation, in collaboration with the Niels Bohr Institute at the University of Copenhagen. The program aims to develop a fault-tolerant quantum computing (FTQC) hardware and quantum algorithms that solve complex life-science problems.
    NQCP takes an interdisciplinary approach, exploring multiple qubit technologies to identify the most promising platform. It leverages a global network of academic and industrial partners. The program also includes the creation of the Quantum Foundry Copenhagen, a facility dedicated to new manufacturing processes for high-precision quantum components, essential for the future generation of quantum computing processors.
    More information: https://nqcp.ku.dk/

    About RIBER

    Founded in 1964, RIBER is the global market leader for MBE – molecular beam epitaxy – equipment. It designs and produces equipment for the semiconductor industry and provides scientific and technical support for its clients (hardware and software), maintaining their equipment and optimizing their performance and output levels. Accelerating the performance of electronics, RIBER’s equipment performs an essential role in the development of advanced semiconductors that are used in numerous applications, from information technologies to photonics (lasers, sensors, etc.), 5G telecommunications networks and research, including quantum computing. RIBER is a BPI France-approved innovative company and is listed on the Euronext Growth Paris market (ISIN: FR0000075954).
    www.riber.com

    Contacts

    RIBER
    Annie Geoffroy | tel: +33 (0)1 39 96 65 00 | invest@riber.com

    ACTUS FINANCE & COMMUNICATION
    Cyril Combe | tel: +33 (0)1 53 67 36 36 | ccombe@actus.fr

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    The MIL Network –

  • MIL-OSI: GPC Exchange Launches Strategy Automation API for Institutional Traders

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, June 17, 2025 (GLOBE NEWSWIRE) — GPC Exchange, a global digital asset trading platform known for its institutional-grade infrastructure, today announced the official launch of its Strategy Automation API Suite. This new toolkit is designed to support hedge funds, quantitative teams, and multi-account operators seeking seamless deployment and control of automated trading strategies across centralized and decentralized venues.

    The API suite enables real-time execution of predefined logic across multiple accounts, trading pairs, and platforms—while maintaining strict control over latency, execution priority, and asset movement. This development marks another step in GPC Exchange’s roadmap to provide programmable, compliant, and performance-optimized services for professional digital asset participants.

    “In today’s fragmented market landscape, institutional investors need smart infrastructure that adapts to their strategies, not the other way around,” said Evelyn Hartmann, Chief Infrastructure Officer at GPC Exchange. “This API suite turns GPC Exchange into a strategy execution backbone—capable of coordinating trades across regions, instruments, and risk frameworks.”

    Core Features of the Strategy Automation API Suite:
     • Cross-Platform Execution Engine – Enables strategy logic to route orders across GPC Exchange and integrated external platforms, supporting arbitrage, hedging, and multi-exchange deployment.
     • Real-Time Strategy Feedback – Offers streaming updates on execution status, slippage rates, and market response signals.
     • Custom Risk Parameters – Institutional users can define automated stop conditions tied to NAV changes, volatility triggers, or portfolio drawdown thresholds.
     • Sub-Account Synchronization – Supports coordinated trading across team-managed sub-accounts with asset-specific permissions and automated allocation logic.
     • SDK Support – Developer tools available in Python, Go, and Node.js to integrate strategies with backtesting, order engines, and smart contract automation modules.

    The suite operates on top of GPC Exchange’s high-performance matching engine, which delivers microsecond-level trade response. It integrates with GPC’s behavior-based risk model and supports KYC-verified user partitions for added control and compliance.

    Expanding Institutional Use Cases
     GPC Exchange’s Strategy Automation API is ideal for a range of professional applications:
     • Statistical arbitrage and market-making algorithms
     • Global execution of delta-neutral and momentum strategies
     • Multi-platform rebalancing for asset managers
     • Automated execution of stablecoin settlement instructions for treasury teams

    Early access participants have reported significant latency reductions and execution consistency, particularly in volatile conditions. The exchange plans to expand the suite to support DeFi protocol calls, strategy modularization, and event-driven smart order types.

    About GPC Exchange
    GPC Exchange is a global digital asset platform serving institutions and professional traders. The platform offers multi-chain compatibility, AI-powered trading infrastructure, cross-chain settlement, and regulatory-grade security protocols. GPC Exchange operates regional hubs in Asia, North America, and Europe.

    https://pioneersxs.com/

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

    The MIL Network –

  • MIL-OSI: VUBE Exchange Unveils New Visual Identity for VUBE Academy

    Source: GlobeNewswire (MIL-OSI)

    Seattle, WA, June 17, 2025 (GLOBE NEWSWIRE) — VUBE Exchange today introduced a bold new visual identity for its educational platform, VUBE Academy, signaling a strategic move to unify design clarity, community interaction, and structured learning in a single immersive interface.

    The redesigned visual system emphasizes simplicity, flow, and accessibility. Key upgrades include a refreshed typography suite, modular layout architecture, and a muted-yet-modern color palette designed to reduce visual fatigue and enhance content comprehension across screens and languages.

    “The new visual language reflects our belief that education is not just about content—it’s about the way content is experienced,” said Lucas Meyer, Chief Product Officer at VUBE Exchange. “We’ve built a design system that invites participation, supports exploration, and scales with each learner’s path.”

    The interface now features clearly defined learning tracks, adaptive navigation menus, and progress indicators that create a sense of continuity and momentum. Visual cues guide users from foundational concepts to advanced modules, while reducing the friction commonly found in educational tools.

    Complementing the visual update, VUBE Academy now integrates community-driven features such as peer discussion zones, learning cohorts, and topic-specific message boards—all organized using the same new visual framework. These design choices reinforce VUBE Exchange’s vision of education as a shared, evolving experience.

    Personalization also plays a central role in the new system. Dashboards dynamically reflect user behavior, preferences, and completed modules—offering intuitive re-entry points, learning reminders, and curated content suggestions without overwhelming the user.

    This launch marks a visual and functional transformation of VUBE Academy from a static course portal into a participatory knowledge ecosystem—visually consistent, behaviorally adaptive, and community-aligned.

    About VUBE Exchange
    VUBE Exchange is a user-first digital finance platform focused on building trusted, transparent, and intelligent financial infrastructure. Through technology, design, and education, VUBE Exchange empowers users to connect, learn, and grow within a secure and scalable environment. .

    https://vertex-lab.com/

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

    The MIL Network –

  • MIL-OSI: WMBT Exchange Launches WPoints System to Boost User Engagement

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, June 17, 2025 (GLOBE NEWSWIRE) — WMBT Exchange, a global digital asset trading platform known for its security standards and AI-driven infrastructure, today announced the launch of WPoints, a proprietary reward points system aimed at enhancing user interaction, retention, and long-term ecosystem value. This new incentive mechanism is part of WMBT Exchange’s broader strategic plan to drive user participation through structured engagement and reward logic.

    WPoints are designed to accumulate through various verified user actions, including trading activity, account verification, platform education module participation, referrals, and community contributions. These points can then be redeemed for functional benefits such as trading fee discounts, priority access to token offerings, NFT collectibles, and other exclusive platform privileges.

    “Building a self-reinforcing engagement model requires more than transactional efficiency,” said Matthew Collins, Director of Ecosystem Development at WMBT Exchange. “WPoints will help define long-term user participation standards and ensure that every action contributes to real economic utility within the WMBT ecosystem.”

    Multi-Layered Reward Architecture

    The WPoints system introduces a multi-dimensional reward engine designed to integrate seamlessly with daily platform operations. It includes the following core components:

    Task-Based Point Generation: Users can earn WPoints through activities such as daily logins, successful KYC verification, first trade completion, course enrollments, staking participation, and referral conversions.

    Tiered Loyalty Model: Accumulated WPoints contribute to a tiered loyalty structure that unlocks progressively higher benefits, including enhanced withdrawal limits, API usage preferences, and early access to promotional events.

    Redemption Marketplace: WPoints can be redeemed within a dedicated on-platform marketplace for discounts, feature unlocks, and participation in WMBT Exchange-exclusive product launches.

    Anti-Manipulation Safeguards: An AI-enhanced validation layer ensures WPoints are earned through authentic behavior. The system is protected against bots, farming schemes, and referral abuse through behavioral analysis and transaction fingerprinting.

    Integration with Web3 and Governance Models

    Looking ahead, WMBT Exchange plans to integrate WPoints into future decentralized governance mechanisms. Users who reach specific loyalty thresholds may be eligible for voting rights on platform development proposals, liquidity incentives, and project listing decisions. Furthermore, cross-platform recognition initiatives are being developed to allow WPoints interoperability with third-party DeFi platforms, NFT marketplaces, and crypto-focused learning tools.

    The rollout of WPoints begins this month across Asia-Pacific, Latin America, and select EMEA regions. A phased expansion to North America and institutional partner platforms is scheduled for Q4 2025. As part of the onboarding strategy, all new users registering before July 31 will receive a welcome bonus of WPoints equivalent to a fee rebate on their first three trades.

    Positioning WMBT Exchange as a Participatory Financial Ecosystem

    With the introduction of WPoints, WMBT Exchange underscores its commitment to creating a participatory financial ecosystem where users contribute not just capital, but data, time, and behavior patterns that shape the growth of the platform. The system builds upon previous initiatives such as AI-powered security protocols, multilingual education hubs, and micro-investment products targeting underbanked populations.

    WMBT Exchange continues to evolve from a pure trading venue into an intelligent infrastructure layer within the broader digital finance landscape. The addition of the WPoints system represents a significant milestone in aligning platform utility with user contribution, delivering both operational engagement and long-term network value.

    About WMBT Exchange

    WMBT Exchange is a global digital asset trading platform committed to building secure, compliant, and intelligent infrastructure for the future of finance. With support for multi-chain asset trading, institutional-grade custody, and AI-powered risk control, WMBT Exchange serves users across more than 30 countries. The platform prioritizes transparency, scalability, and user education to enable sustainable growth in the digital asset economy. Through continuous innovation and a commitment to regulatory alignment, WMBT Exchange is shaping the next generation of financial participation.

    https://wmbtex.com/

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

    The MIL Network –

  • MIL-OSI: Orca Announces Results of the Annual Meeting of Shareholders

    Source: GlobeNewswire (MIL-OSI)

    TORTOLA, British Virgin Islands, June 17, 2025 (GLOBE NEWSWIRE) — Orca Energy Group Inc. (“Orca” or the “Company”) (TSX-V: ORC.A, ORC.B) is pleased to announce the voting results from its annual meeting of shareholders held on June 17, 2025 (the “Meeting“). The results for each of the resolutions set forth in the Company’s management proxy circular dated June 17, 2025 are set forth below:

    1.  Fixing the Number of Directors

    By ordinary resolution passed via ballot, the number of directors to be elected at the Meeting was fixed at five members. The results of the ballot were as follows:

        Percentage of Votes Cast at the Meeting (%)
    Class   For   Against
    A   100%   0%
    B   99.64%   0.36%
             

    2.  Election of Directors

    By ordinary resolution passed via ballot, all of the nominees proposed as directors were duly elected as directors of Orca to serve until the next annual meeting or until their successors are duly appointed or elected. The results of the ballot were as follows:

            Percentage of Votes Cast at the Meeting (%)
    Name of Nominee   Class   For     Withheld
    David Ross   A
    B    		   100%
    99.51%    		   0%
    0.49%
    Jay Lyons   A
    B    		   100%
    99.13%    		   0%
    0.87%
    Linda Beal   A
    B    		   100%
    99.36%    		   0%
    0.64%
    Dr. Frannie Léautier   A
    B    		   100%
    99.36%    		   0%
    0.64%
    Lisa Mitchell   A
    B    		   100%
    99.13%    		   0%
    0.87%
                 

    3.  Appointment of Auditors

    By ordinary resolution passed via ballot, KPMG LLP, Chartered Professional Accountants, were appointed as auditors of the Company until the next annual meeting or until their successors are duly appointed and the directors were authorized to fix their remuneration. The results of the ballot were as follows:

        Percentage of Votes Cast at the Meeting (%)
    Class   For   Withheld
    A   100%   0%
    B   99.93%   0.07%
             

    About Orca Energy Group Inc.

    Orca is an international public company engaged in natural gas exploration, development and supply in Tanzania through its subsidiary PanAfrican Energy Tanzania Limited. Orca trades on the TSX Venture Exchange under the trading symbols ORC.A and ORC.B.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    The MIL Network –

  • MIL-OSI: 1st Quarter Results

    Source: GlobeNewswire (MIL-OSI)

    17 June 2025

                                        Oxford Technology 2 VCT Plc (the “Company”)

    Legal Entity Identifier: 2138002COY2EXJDHWB30   

     1st Quarter Results 

    Oxford Technology 2 VCT Plc presents its quarterly update for the 3 month period ending 31 May 2025. The Directors have reviewed the valuation of its entire portfolio as at that date. The unaudited net asset value (NAV) per share for each Class (as at 31 May 2025) were included in the Annual Report for the year ended 28 February 2025 released earlier today and are shown in the table below, together with other associated data:

      Unaudited NAV
    p per share 31/05/25    		 Audited NAV p per share 28/02/25 Change in NAV % Cumulative Dividends
    p per share
    to 31/05/25    		 Total NAV Return
    p per share    		 Shares in Issue
    Share Class          
    OT1 37.7 36.6 3.1% 55.0 92.7 5,431,655
    OT2 15.8 15.2 4.1% 22.5 38.3 5,331,889
    OT3 15.0 15.1 -0.3% 42.0 57.0 6,254,596
    OT4 18.3 19.8 -7.6% 48.0 66.3 10,826,748

    The NAVs incorporate bid prices of Arecor Therapeutics plc of 42p (a reduction of 6p since 28 February 2025) and Scancell Holdings Plc of 9.5p (an increase of 1.4p). The Directors have also reviewed the carrying costs of the unquoted investments and these remain unchanged from their values at 28 February 2025, apart from the impact of the recent investment in ImmunoBiology Limited (“ImmBio”).

    Shareholders are reminded that the Chairman’s statement in the Company’s 2025 Annual Financial Statements (“2025 Annual Report”) included details of how each Share Class’s net asset value per share changes with movements in the share prices of the Company’s primary AIM investments.

    No dividends were paid during the period under review. As indicated in the 2025 Annual Report, a total of £40,000 was invested by the Company in ImmBio in the period (OT2 Share Class: £30,000 and  OT3 Share Class: £10,000). The holding in Mirriad Advertising Plc, which had negligible value, has been disposed of (OT4 Share Class only). No other shares were bought nor sold in any the portfolio companies in any of the four Share Classes.

    The Directors are not aware of any other events or transactions which have taken place between 31 May 2025 and the publication of this statement which have had a material effect on the financial position of the Company.

    At 31 May 2025, the Company’s issued share capital by Share Class is shown in the table above. The Company holds no shares in treasury and the total voting rights in the Company are 27,844,888. This figure of 27,844,888 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.

    Enquiries: Lucius Cary Oxford Technology Management 01865 784466

    This announcement contains inside information as stipulated under the UK version of the Market Abuse Regulation No 596/2014 which is part of English Law by virtue of the European (Withdrawal) Act 2018, as amended. Upon the publication of this announcement via a Regulatory Information Service, this information is now considered to be in the public domain.

    The MIL Network –

  • MIL-OSI: 74Software Appoints Julia Siepmann as Group Chief Human Resources Officer

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    74Software Appoints Julia Siepmann as Group Chief Human Resources Officer

    Paris, June 17, 2025 – 74Software today announces the appointment of Julia Siepmann as Group Chief Human Resources Officer, effective as of 19th May 2025.

    Julia Siepmann brings over 20-years of global experience in strategic human resources management within technology-driven companies undergoing companywide transformation. Throughout her career, she has demonstrated a strong ability to lead deep cultural evolutions, implement global HR frameworks, and foster inclusive, engaging, and high-performing work environments.

    Prior to joining 74Software, Julia served as Chief Human Resources Officer at Nielsen, Analytics Portfolio Organizations. She previously spent over 15 years at Teradata where she held Global HR leadership roles based in London and Singapore. Known for her thoughtful and structured approach, she has led numerous Global programs focused on HR transformation, employee engagement, and inclusion. Julia is based in London, United Kingdom.

    Patrick Donovan, Chief Executive Officer of 74Software, stated:

    “Julia’s appointment marks an important step in driving our development. We are committed to our team and their development, and her proven leadership and deep expertise in organizational transformation and talent management will be key assets in strengthening our corporate culture and sustaining our growth. We are pleased to welcome her to the executive leadership team.”

    Julia will play a central role in shaping and executing a human resources strategy aligned with 74Software’s development ambitions. Her mission will be to enhance organizational performance by fostering cohesion across entities, supporting talent development, and embedding a company culture rooted in respect, equity, and well-being.

    “I am delighted to be joining 74Software at a pivotal time in its growth as a portfolio company uniting several strong technology brands around shared values and a common culture,” said Julia Siepmann. “In a constantly evolving and competitive environment, HR plays a critical role in supporting this momentum and shaping a compelling, forward-looking employee value proposition. I look forward to contributing to the development of an inclusive, high-performing, and sustainable organization.”

    With this appointment, the Executive Committee of 74Software now comprises 9 members representing 4 nationalities:

    • Patrick Donovan, Chief Executive Officer
    • Éric Bierry, Deputy CEO, CEO of SBS
    • Roland Royer, CEO of Axway
    • Tobias Unger, Chief Financial Officer
    • Xavier Rebeuf, Chief R&D Operations
    • Paul French, Chief of Staff
    • Philippe Buisson, Chief of Integration and Secretary
    • Yann Metz-Pasquier, Chief Strategy Officer
    • Julia Siepmann, Chief Human Resources Officer

    About 74Software

    74Software is an enterprise software group founded through the combination of Axway and SBS – independently operated leaders with unique experience and capabilities to deliver mission-critical software for a data driven world. A pioneer in enterprise integration solutions for 25 years, Axway supports major brands and government agencies around the globe with its core line of MFT, B2B, API, and Financial Accounting Hub products. SBS empowers banks and financial institutions to reimagine tomorrow’s digital experiences with a composable cloud-based architecture that enables deposits, lending, compliance, payments, consumer, and asset finance services and operations to be deployed worldwide. 74Software serves more than 11,000 companies, including over 1,500 financial service customers. To learn more, visit 74Software.com

    Contacts – Investor Relations:

    Arthur Carli – +33 (0)1 47 17 24 65 – acarli@74software.com

    Chloé Chouard – +33 (0)1 47 17 21 78 – cchouard@74software.com

    Attachment

    The MIL Network –

  • MIL-OSI: Reliance Global Group Signs Letter of Intent to Sell Fortman Insurance for $5 Million in Cash

    Source: GlobeNewswire (MIL-OSI)

    LAKEWOOD, NJ, June 17, 2025 (GLOBE NEWSWIRE) — Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance,” “we,” “us,” “our” or the “Company”) today announced it has signed a non-binding Letter of Intent (LOI) to sell Fortman Insurance Agency (“Fortman”), a wholly owned subsidiary for $5 million in cash. The contemplated sale price represents a meaningful premium over the original acquisition cost, underscoring the Company’s ability to acquire, improve, and opportunistically monetize assets to drive shareholder value.

    Since acquiring Fortman, Reliance has implemented operational enhancements, upgraded internal systems, and established a strong leadership team. As a result, Fortman has evolved into a well-capitalized, efficiently run agency with a growing customer base and enhanced market presence.

    Ezra Beyman, CEO of Reliance, commented, “The potential sale of Fortman demonstrates our disciplined capital allocation strategy and commitment to value creation. We acquired Fortman at a compelling valuation, strengthened its operations, and are now positioned to realize a meaningful return. This contemplated transaction reflects our ability to execute and supports our broader goal of building a highly profitable and focused organization. Not only does the sale price represent a premium to what we paid for Fortman, but it also adds substantial cash to our balance sheet—an especially notable achievement in light of our current market capitalization. We believe that this highlights the substantial underlying value embedded across our broader portfolio.”

    Proceeds from the sale are expected to support Reliance’s planned acquisition of Spetner Associates (“Spetner”), a rapidly growing and synergistic insurance platform. As highlighted in previous announcements, Spetner has experienced robust growth in recent years and is expected to generate strong cash flow at both the subsidiary and parent company levels. The Company believes Spetner will integrate seamlessly into Reliance’s operations under the OneFirm strategy.

    “By monetizing Fortman at a premium, we are building internal cash reserves that are intended to advance the Spetner acquisition,” added Beyman. “This strategy reflects our commitment to enhancing shareholder value while pursuing transformative and accretive growth opportunities. We believe replacing our Fortman subsidiary with Spetner aligns with our long-term vision for scale, synergy, and sustained cash flow generation.”

    The LOI is non-binding and subject to customary due diligence and negotiation of definitive documentation. The Company will provide additional updates as the transaction progresses.

    About Reliance Global Group, Inc.

    Reliance Global Group, Inc. (NASDAQ: RELI) is an InsurTech pioneer, leveraging artificial intelligence (AI), and cloud-based technologies, to transform and improve efficiencies in the insurance agency/brokerage industry. The Company’s business-to-business InsurTech platform, RELI Exchange, provides independent insurance agencies an entire suite of business development tools, enabling them to effectively compete with large-scale national insurance agencies, whilst reducing back-office cost and burden. The Company’s business-to-consumer platform, 5minuteinsure.com, utilizes AI and data mining, to provide competitive online insurance quotes within minutes to everyday consumers seeking to purchase auto, home, and life insurance.  In addition, the Company operates its own portfolio of select retail “brick and mortar” insurance agencies which are leaders and pioneers in their respective regions throughout the United States, offering a wide variety of insurance products. Further information about the Company can be found at https://www.relianceglobalgroup.com.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by terminology such as “may,” “should,” “could,” “would,” “will,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “continue,” “potential,” and similar expressions. Forward-looking statements in this press release include, without limitation, statements regarding:

    • Our ability to complete the non-binding Letter of Intent to sell Fortman Insurance Agency for $5 million and to realize the contemplated premium over our original acquisition cost;
    • Our plans to deploy the proceeds from the Fortman sale for the proposed acquisition of Spetner Associates, Inc.;
    • Our expectation that the Spetner acquisition will close on commercially reasonable terms and receive any required regulatory and shareholder approvals;
    • Our objectives to continue acquiring, improving and opportunistically monetizing agency-level assets to drive shareholder value;
    • Our intentions to pursue disciplined, accretive growth opportunities in the InsurTech and insurance agency industries; and
    • Other statements of our plans, objectives, expectations and intentions with respect to future operations, financial results, products and services.

    These forward-looking statements are based on a number of assumptions, including the assumptions that: the LOI will not be terminated prior to execution of definitive purchase agreements; due diligence and documentation negotiations will proceed without material adverse findings; the Fortman sale and the Spetner acquisition will both close as expected; our revenue and EBITDA projections for Spetner are attainable; integration risks will be managed successfully; and there will be no material adverse changes in market, economic or regulatory conditions affecting our businesses. There can be no assurance that any of these assumptions will prove correct.

    There are numerous risks and uncertainties that may cause actual results or performance to differ materially from those expressed or implied by these forward-looking statements. These include, among others: the risk that the Fortman buyer may withdraw or renegotiate the terms of the LOI; delays or failure to complete either the Fortman sale or the Spetner acquisition; unanticipated liabilities or integration challenges in connection with Spetner; our inability to realize the projected revenue or EBITDA benefits; competition in the InsurTech and agency brokerage industry; changes in insurance regulation or Nasdaq listing requirements; general economic or financial market conditions; and the other risks and uncertainties described in the “Risk Factors” section of our Registration Statement on Form S-1 and our periodic reports filed with the Securities and Exchange Commission.

    You should carefully review our Annual Report on Form 10-K for the year ended December 31, 2024, as amended, and the other reports we have filed or will file with the SEC for a more complete discussion of risks and uncertainties. Except as required by law, Reliance Global Group, Inc. disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:
    Crescendo Communications, LLC
    Tel: +1 (212) 671-1020
    Email: RELI@crescendo-ir.com 

    The MIL Network –

  • MIL-OSI: QUADIENT SA: Availability of the share buyback program description

    Source: GlobeNewswire (MIL-OSI)

    Paris, June 17, 2025

    Quadient (Euronext Paris: QDT) announces the availability of the description of its share buyback program, launched by the Board of Directors on June 13, 2025, following the authorization granted by the Ordinary General Meeting held on June 13, 2025 (17th resolution).

    This description has been prepared in compliance with the provisions of Articles 241-1 et seq. of the General Regulation of the Autorité des Marchés Financiers (AMF), Articles L. 22-10-62 et seq. of the French Commercial Code, as well as the provisions of European Regulation No. 596/2014 and Delegated Regulation No. 2016/1052.

    This document can be consulted on the Company’s investor relations website (https://invest.quadient.com/en/quadient-investor-relations).

    For more information, please contact:

    Or visit our website: https://invest.quadient.com/

    Attachment

    The MIL Network –

  • MIL-OSI: QUADIENT SA: Availability of the share buyback program description

    Source: GlobeNewswire (MIL-OSI)

    Paris, June 17, 2025

    Quadient (Euronext Paris: QDT) announces the availability of the description of its share buyback program, launched by the Board of Directors on June 13, 2025, following the authorization granted by the Ordinary General Meeting held on June 13, 2025 (17th resolution).

    This description has been prepared in compliance with the provisions of Articles 241-1 et seq. of the General Regulation of the Autorité des Marchés Financiers (AMF), Articles L. 22-10-62 et seq. of the French Commercial Code, as well as the provisions of European Regulation No. 596/2014 and Delegated Regulation No. 2016/1052.

    This document can be consulted on the Company’s investor relations website (https://invest.quadient.com/en/quadient-investor-relations).

    For more information, please contact:

    Or visit our website: https://invest.quadient.com/

    Attachment

    The MIL Network –

  • MIL-OSI: Top California Lender, LLC Closes $5.3 Million Loan for Mixed-Use Development

    Source: GlobeNewswire (MIL-OSI)

    BOISE, Idaho, June 17, 2025 (GLOBE NEWSWIRE) — Top California Lender, a private lender specializing in commercial real estate lending, is proud to announce the successful closing of a $5.3 million loan to finance the acquisition of a mixed-use development in Boise, Idaho. This transaction highlights the company’s commitment to supporting innovative projects in emerging markets across the United States.

    The loan, structured as a 12-month bridge term with an interest rate of 9.5% and interest-only payments, supports the purchase of a 25,000-square-foot property featuring retail spaces and residential units in Boise’s thriving downtown area. The borrower, a local real estate group with a proven track record, plans to renovate the property to enhance its appeal to tenants, capitalizing on the city’s growing population and economic momentum. The loan includes no prepayment penalty, offering flexibility to adapt to market conditions.

    “This closing reflects our ability to provide fast, tailored financing for strategic investments in up-and-coming markets,” said Jerry Dean, CEO of Top California Lender, LLC. “We are thrilled to partner with this experienced team to unlock the potential of this Boise property and contribute to the area’s revitalization.”

    The deal underscores the increasing demand for acquisition financing in the Mountain West, where Boise’s economic growth continues to attract investors. Top California Lender’s efficient process, targeting closings within 30 days of approval, enabled the swift execution of this transaction, reinforcing its reputation as a trusted lender in the commercial real estate sector.

    For more information about Top California Lender’s loan programs, including Rehab/Renovation Loans, Construction Loans, Bridge Loans, Commercial Acquisition Loans, and Change of Use Loans, visit www.topcalifornialender.com or contact info@topcalifornialender.com.

    The MIL Network –

  • MIL-OSI: Top California Lender, LLC Closes $5.3 Million Loan for Mixed-Use Development

    Source: GlobeNewswire (MIL-OSI)

    BOISE, Idaho, June 17, 2025 (GLOBE NEWSWIRE) — Top California Lender, a private lender specializing in commercial real estate lending, is proud to announce the successful closing of a $5.3 million loan to finance the acquisition of a mixed-use development in Boise, Idaho. This transaction highlights the company’s commitment to supporting innovative projects in emerging markets across the United States.

    The loan, structured as a 12-month bridge term with an interest rate of 9.5% and interest-only payments, supports the purchase of a 25,000-square-foot property featuring retail spaces and residential units in Boise’s thriving downtown area. The borrower, a local real estate group with a proven track record, plans to renovate the property to enhance its appeal to tenants, capitalizing on the city’s growing population and economic momentum. The loan includes no prepayment penalty, offering flexibility to adapt to market conditions.

    “This closing reflects our ability to provide fast, tailored financing for strategic investments in up-and-coming markets,” said Jerry Dean, CEO of Top California Lender, LLC. “We are thrilled to partner with this experienced team to unlock the potential of this Boise property and contribute to the area’s revitalization.”

    The deal underscores the increasing demand for acquisition financing in the Mountain West, where Boise’s economic growth continues to attract investors. Top California Lender’s efficient process, targeting closings within 30 days of approval, enabled the swift execution of this transaction, reinforcing its reputation as a trusted lender in the commercial real estate sector.

    For more information about Top California Lender’s loan programs, including Rehab/Renovation Loans, Construction Loans, Bridge Loans, Commercial Acquisition Loans, and Change of Use Loans, visit www.topcalifornialender.com or contact info@topcalifornialender.com.

    The MIL Network –

  • MIL-OSI: Top California Lender, LLC Closes $5.3 Million Loan for Mixed-Use Development

    Source: GlobeNewswire (MIL-OSI)

    BOISE, Idaho, June 17, 2025 (GLOBE NEWSWIRE) — Top California Lender, a private lender specializing in commercial real estate lending, is proud to announce the successful closing of a $5.3 million loan to finance the acquisition of a mixed-use development in Boise, Idaho. This transaction highlights the company’s commitment to supporting innovative projects in emerging markets across the United States.

    The loan, structured as a 12-month bridge term with an interest rate of 9.5% and interest-only payments, supports the purchase of a 25,000-square-foot property featuring retail spaces and residential units in Boise’s thriving downtown area. The borrower, a local real estate group with a proven track record, plans to renovate the property to enhance its appeal to tenants, capitalizing on the city’s growing population and economic momentum. The loan includes no prepayment penalty, offering flexibility to adapt to market conditions.

    “This closing reflects our ability to provide fast, tailored financing for strategic investments in up-and-coming markets,” said Jerry Dean, CEO of Top California Lender, LLC. “We are thrilled to partner with this experienced team to unlock the potential of this Boise property and contribute to the area’s revitalization.”

    The deal underscores the increasing demand for acquisition financing in the Mountain West, where Boise’s economic growth continues to attract investors. Top California Lender’s efficient process, targeting closings within 30 days of approval, enabled the swift execution of this transaction, reinforcing its reputation as a trusted lender in the commercial real estate sector.

    For more information about Top California Lender’s loan programs, including Rehab/Renovation Loans, Construction Loans, Bridge Loans, Commercial Acquisition Loans, and Change of Use Loans, visit www.topcalifornialender.com or contact info@topcalifornialender.com.

    The MIL Network –

  • MIL-OSI: Tai Software’s Workflow Automation Feature Honored with the Supply & Demand Chain Executive’s 2025 Top Supply Chain Projects Award

    Source: GlobeNewswire (MIL-OSI)

    HUNTINGTON BEACH, Calif., June 17, 2025 (GLOBE NEWSWIRE) — Tai Software, top provider of Transportation Management System (TMS) technology for freight brokers, has been awarded the 2025 Supply & Demand Chain Executive Top Supply Chain Projects award. The award recognizes Tai’s Workflow Automation. This feature redefines how brokers manage and scale operations.

    “We’re honored to have won this award,” said Walter Mitchell, CEO of Tai Software. “This recognition highlights our dedication to supporting freight brokers. We focus on improving broker efficiency, increasing flexibility, and ensuring sustainable growth, no matter the market conditions.”

    Solving the Manual Work Bottleneck

    Freight brokers operate in a fast-moving, high-pressure environment where every hour counts. Tai recognized a persistent challenge across the industry. Brokers spend too much time on manual and repetitive tasks. These costly tasks include quoting and booking shipments, chasing shipment notifications, updating customers on shipment status, and managing load paperwork.

    To address these challenges, Tai launched Workflow Automation in January 2024. The no-code feature is fully integrated within Tai’s TMS, allowing brokers to automate critical workflows without additional software, licenses, or IT support.

    Built-in, Flexible Broker-Focused Automation

    Tai’s Workflow Automation enables brokers to create rule-based workflows triggered by shipment events or conditions. With flexible filters and a few clicks, brokers can automate tasks like status updates, carrier assignments, customer notifications, and more. Each workflow can be customized to the broker’s unique processes and customer needs.

    “Automation shouldn’t be reserved for enterprise players with IT teams and big budgets,” said Sean McGillicuddy, Chief Revenue Officer. “Tai built Workflow Automation to level the playing field for brokerages of all sizes. It’s fast, accessible, and powerful right out of the box.”

    Adoption and Impact by the Numbers

    Since its launch, Tai’s Workflow Automation has saved freight brokerages thousands of hours of labor. It reduces manual work, minimizes human error, and ensures consistency in operations.

    Today, the platform processes more than 9 million workflow automation steps each month. 61.6% of all shipments processed through Tai’s TMS involve automated workflows. Hundreds of freight brokers report improved productivity due to Tai’s Workflow Automation.

    Proven Results from Brokers in the Field

    Customers have reported dramatic improvements in operational efficiency and service delivery. For example, one brokerage cut dispatching time by 1.5 hours per day. Another reduced missed alerts by 71% in the first month. Mid-sized brokerages, in particular, have leveraged the feature to successfully scale operations without hiring additional staff.

    With flexibility, customization, and speed at its core, Tai’s Workflow Automation enhances freight brokers’ operational performance and enables them to focus on high-value tasks. This includes serving customers, strengthening carrier relationships, and driving growth at a time when market constrictions make that challenging.

    About Tai Software

    Tai Software is a comprehensive Transportation Management System (TMS) for freight management, providing efficiency and growth opportunities. Tai streamlines operations through full-scale automation for Full Truck Load (FTL) and Less than Truckload (LTL), integrating with major carriers and technology partners. Brokers and 3PLs rely on Tai for freight management solutions, focusing on strategic growth by supporting and scaling operations. Tai provides real-time visibility into shipments, automates routine tasks, and offers analytics for informed decision-making. For more information about Tai TMS, visit https://tai-software.com/.

    Please contact Vanessa Galvis, Marketing Director, at vanessa.galvis@tai-software.com.

    The MIL Network –

  • MIL-OSI: Tai Software’s Workflow Automation Feature Honored with the Supply & Demand Chain Executive’s 2025 Top Supply Chain Projects Award

    Source: GlobeNewswire (MIL-OSI)

    HUNTINGTON BEACH, Calif., June 17, 2025 (GLOBE NEWSWIRE) — Tai Software, top provider of Transportation Management System (TMS) technology for freight brokers, has been awarded the 2025 Supply & Demand Chain Executive Top Supply Chain Projects award. The award recognizes Tai’s Workflow Automation. This feature redefines how brokers manage and scale operations.

    “We’re honored to have won this award,” said Walter Mitchell, CEO of Tai Software. “This recognition highlights our dedication to supporting freight brokers. We focus on improving broker efficiency, increasing flexibility, and ensuring sustainable growth, no matter the market conditions.”

    Solving the Manual Work Bottleneck

    Freight brokers operate in a fast-moving, high-pressure environment where every hour counts. Tai recognized a persistent challenge across the industry. Brokers spend too much time on manual and repetitive tasks. These costly tasks include quoting and booking shipments, chasing shipment notifications, updating customers on shipment status, and managing load paperwork.

    To address these challenges, Tai launched Workflow Automation in January 2024. The no-code feature is fully integrated within Tai’s TMS, allowing brokers to automate critical workflows without additional software, licenses, or IT support.

    Built-in, Flexible Broker-Focused Automation

    Tai’s Workflow Automation enables brokers to create rule-based workflows triggered by shipment events or conditions. With flexible filters and a few clicks, brokers can automate tasks like status updates, carrier assignments, customer notifications, and more. Each workflow can be customized to the broker’s unique processes and customer needs.

    “Automation shouldn’t be reserved for enterprise players with IT teams and big budgets,” said Sean McGillicuddy, Chief Revenue Officer. “Tai built Workflow Automation to level the playing field for brokerages of all sizes. It’s fast, accessible, and powerful right out of the box.”

    Adoption and Impact by the Numbers

    Since its launch, Tai’s Workflow Automation has saved freight brokerages thousands of hours of labor. It reduces manual work, minimizes human error, and ensures consistency in operations.

    Today, the platform processes more than 9 million workflow automation steps each month. 61.6% of all shipments processed through Tai’s TMS involve automated workflows. Hundreds of freight brokers report improved productivity due to Tai’s Workflow Automation.

    Proven Results from Brokers in the Field

    Customers have reported dramatic improvements in operational efficiency and service delivery. For example, one brokerage cut dispatching time by 1.5 hours per day. Another reduced missed alerts by 71% in the first month. Mid-sized brokerages, in particular, have leveraged the feature to successfully scale operations without hiring additional staff.

    With flexibility, customization, and speed at its core, Tai’s Workflow Automation enhances freight brokers’ operational performance and enables them to focus on high-value tasks. This includes serving customers, strengthening carrier relationships, and driving growth at a time when market constrictions make that challenging.

    About Tai Software

    Tai Software is a comprehensive Transportation Management System (TMS) for freight management, providing efficiency and growth opportunities. Tai streamlines operations through full-scale automation for Full Truck Load (FTL) and Less than Truckload (LTL), integrating with major carriers and technology partners. Brokers and 3PLs rely on Tai for freight management solutions, focusing on strategic growth by supporting and scaling operations. Tai provides real-time visibility into shipments, automates routine tasks, and offers analytics for informed decision-making. For more information about Tai TMS, visit https://tai-software.com/.

    Please contact Vanessa Galvis, Marketing Director, at vanessa.galvis@tai-software.com.

    The MIL Network –

  • MIL-OSI: Tai Software’s Workflow Automation Feature Honored with the Supply & Demand Chain Executive’s 2025 Top Supply Chain Projects Award

    Source: GlobeNewswire (MIL-OSI)

    HUNTINGTON BEACH, Calif., June 17, 2025 (GLOBE NEWSWIRE) — Tai Software, top provider of Transportation Management System (TMS) technology for freight brokers, has been awarded the 2025 Supply & Demand Chain Executive Top Supply Chain Projects award. The award recognizes Tai’s Workflow Automation. This feature redefines how brokers manage and scale operations.

    “We’re honored to have won this award,” said Walter Mitchell, CEO of Tai Software. “This recognition highlights our dedication to supporting freight brokers. We focus on improving broker efficiency, increasing flexibility, and ensuring sustainable growth, no matter the market conditions.”

    Solving the Manual Work Bottleneck

    Freight brokers operate in a fast-moving, high-pressure environment where every hour counts. Tai recognized a persistent challenge across the industry. Brokers spend too much time on manual and repetitive tasks. These costly tasks include quoting and booking shipments, chasing shipment notifications, updating customers on shipment status, and managing load paperwork.

    To address these challenges, Tai launched Workflow Automation in January 2024. The no-code feature is fully integrated within Tai’s TMS, allowing brokers to automate critical workflows without additional software, licenses, or IT support.

    Built-in, Flexible Broker-Focused Automation

    Tai’s Workflow Automation enables brokers to create rule-based workflows triggered by shipment events or conditions. With flexible filters and a few clicks, brokers can automate tasks like status updates, carrier assignments, customer notifications, and more. Each workflow can be customized to the broker’s unique processes and customer needs.

    “Automation shouldn’t be reserved for enterprise players with IT teams and big budgets,” said Sean McGillicuddy, Chief Revenue Officer. “Tai built Workflow Automation to level the playing field for brokerages of all sizes. It’s fast, accessible, and powerful right out of the box.”

    Adoption and Impact by the Numbers

    Since its launch, Tai’s Workflow Automation has saved freight brokerages thousands of hours of labor. It reduces manual work, minimizes human error, and ensures consistency in operations.

    Today, the platform processes more than 9 million workflow automation steps each month. 61.6% of all shipments processed through Tai’s TMS involve automated workflows. Hundreds of freight brokers report improved productivity due to Tai’s Workflow Automation.

    Proven Results from Brokers in the Field

    Customers have reported dramatic improvements in operational efficiency and service delivery. For example, one brokerage cut dispatching time by 1.5 hours per day. Another reduced missed alerts by 71% in the first month. Mid-sized brokerages, in particular, have leveraged the feature to successfully scale operations without hiring additional staff.

    With flexibility, customization, and speed at its core, Tai’s Workflow Automation enhances freight brokers’ operational performance and enables them to focus on high-value tasks. This includes serving customers, strengthening carrier relationships, and driving growth at a time when market constrictions make that challenging.

    About Tai Software

    Tai Software is a comprehensive Transportation Management System (TMS) for freight management, providing efficiency and growth opportunities. Tai streamlines operations through full-scale automation for Full Truck Load (FTL) and Less than Truckload (LTL), integrating with major carriers and technology partners. Brokers and 3PLs rely on Tai for freight management solutions, focusing on strategic growth by supporting and scaling operations. Tai provides real-time visibility into shipments, automates routine tasks, and offers analytics for informed decision-making. For more information about Tai TMS, visit https://tai-software.com/.

    Please contact Vanessa Galvis, Marketing Director, at vanessa.galvis@tai-software.com.

    The MIL Network –

  • MIL-OSI: 2025 AI Governance Survey Reveals Critical Gaps Between AI Ambition and Operational Readiness

    Source: GlobeNewswire (MIL-OSI)

    LEWES, Del., June 17, 2025 (GLOBE NEWSWIRE) — Pacific AI, the healthcare AI governance company, today announced the results of the 2025 AI Governance Survey, exploring how organizations are managing the risks and responsibilities of deploying generative AI systems. Conducted in April and May by Gradient Flow, the results highlight the priorities, practices, and concerns of professionals and technology leaders in this space. The results will be presented in an upcoming webinar on the state of AI governance taking place at 2pm ET on June 18.

    As AI becomes foundational for modern business, governance should be top of mind. However, the results indicate that the pressure to innovate is outpacing the ability to scale AI systems safely and responsibly. Despite 75% of respondents reporting the existence of AI usage policies, only 59% have dedicated governance roles, and just 54% maintain incident response playbooks for AI-specific risks. Fewer than half (48%) of organizations are monitoring their AI systems for accuracy, misuse, or drift—numbers that drop drastically in small firms.

    The leading barrier to effective governance is the pressure to move fast. Nearly half (45%) of all respondents—and 56% of technical leaders—cite speed-to-market as the top challenge, often resulting in shortcuts that compromise safety. Technical leaders, who are driving the most aggressive deployment timelines, are simultaneously those most aware of these governance shortcomings.

    Other key findings show:

    • Production Reality Gaps. Only 30% of organizations have deployed generative AI systems to production, with just 13% managing multiple deployments. Large enterprises are five times more likely than small firms to have multiple systems running.
    • Technical Leader Ambition. Technical Leaders drive more aggressive adoption, with 48% targeting 3-5 new use cases versus 25% for other roles.
    • Small Company Vulnerability. Small companies consistently lag in governance maturity: only 36% have governance officers (vs 62-64% for larger firms), and just 41% provide annual AI training (vs 59-79%).
    • Regulatory Awareness Deficits. Familiarity with frameworks like NIST AI RMF remains concentrated in large enterprises. Small companies report only 14% familiarity with most major standards, exposing compliance risk.
    • Immature Incident Response. Many organizations lack protocols for AI-specific failure modes, such as prompt injection attacks or biased outputs, indicating a lack of capabilities beyond traditional IT playbooks.

    “This survey exposes a growing disconnect between AI policy and practice. Organizations that don’t address it are playing with fire and they know it,” said David Talby, CEO, Pacific AI. “Without responsible AI practices baked into the entire AI development lifecycle, developers and thereby the organizations they work for are escalating legal, financial, and reputational risks.”

    To help, Pacific AI provides a free AI Policy Suite available to anyone. Recent updates include an AI Incident Reporting Policy addressing some of the major gaps reported in the survey. Conforming to 110 different laws, regulations, and industry standards, the Policy Suite ensures companies are operating legally anywhere in the US. This can be especially beneficial to smaller organizations with limited resources that still need to track and implement evolving legislation and industry standards.

    Register here for our upcoming webinar,“The State of AI Governance,” detailing the research and outlining the priorities, practices, and concerns of technology leaders using AI. Read the full survey report here. To learn more about Pacific AI, visit https://pacific.ai/.

    About Pacific AI
    Pacific AI is dedicated to helping organizations deliver AI systems that comply with the rapidly evolving regulatory landscape in the USA. Whatever your starting point, Pacific AI can help you reach the next level of AI governance, implement tools and controls for compliance, or audit and certify what you’ve already built. To learn more, visit: https://www.pacific.ai.

    Contact
    Gina Devine
    Head of Communications
    Pacific AI Corp.
    gina@pacific.ai

    The MIL Network –

  • MIL-OSI: Annual Report and Financial Statements for the year ended 31 March 2025

    Source: GlobeNewswire (MIL-OSI)

    17 June 2025

    Northern Venture Trust PLC
    Annual Report and Financial Statements for the year ended 31 March 2025

    Northern Venture Trust PLC is a Venture Capital Trust (VCT) advised by Mercia Fund Management Limited. The trust was one of the first VCTs launched on the London Stock Exchange in 1995. It invests mainly in unquoted venture capital holdings and aims to provide long-term tax-free returns to shareholders through a combination of dividend yield and capital growth.

    Financial highlights (comparative figures as at 31 March 2024):

      Year ended
    31 March
    2025    		 Year ended
    31 March
    2024
    Net assets £121.3m £114.8m
    Net asset value per share 61.5p 60.3p
    Return per share    
    Revenue 0.4p 0.6p
    Capital 3.8p 1.2p
    Total 4.2p 1.8p
    Dividend per share declared in respect of the period    
    Interim dividend 1.6p 1.6p
    Proposed final dividend 1.5p 1.6p
    Total 3.1p 3.2p
    Return to shareholders since launch    
    Net asset value per share 61.5p 60.3p
    Cumulative dividends paid per share  ^* 195.3p 192.1p
    Cumulative return per share^ 256.8p 252.4p
    Mid-market share price at end of period 57.0p 57.5p
    Share price discount to net asset value 7.3% 4.6%
    Annualised tax-free dividend yield  ^** 5.1% 5.2%

    *        Excluding proposed final dividend payable on 5 September 2025.

    **        Based on net asset value per share at the start of the period.
    ^ Definitions of the terms and alternative performance measures used in this report can be found in the glossary of terms in the annual report.

    Chair’s statement

    Overview
    Over the past 12 months, the UK economy has displayed resilience, with inflation easing and interest rates falling, albeit at slower rates than initially forecasted. Uncertainties posed by geopolitical events and conflicts continue to cause volatility in the financial markets, and notably increased following the end of the financial reporting period.

    It is pleasing to note that the valuation of our unquoted portfolio has increased during the past year. Investment activity remained consistent with the two previous financial years, with £14.3 million invested in six new and 11 existing portfolio companies.

    Despite the macroeconomic environment, our share offer of £15 million was oversubscribed and I would like to thank existing shareholders for their continued support and warmly welcome new investors. Proceeds from the share offer, together with sales proceeds from investments, mean that the Company is well positioned both to pursue new opportunities to support small and medium businesses and to work with existing portfolio companies to realise their growth plans.

    Results and dividend
    In the year ended 31 March 2025 the Company delivered a return on ordinary activities of 4.2 pence per share (year ended 31 March 2024: 1.8 pence), representing a total return of 7.0% on the opening net asset value (NAV) per share. The NAV per share as at 31 March 2025, after deducting dividends paid during the year of 3.2 pence, was 61.5 pence, compared with 60.3 pence at 31 March 2024. The strong result for the year generated a performance fee to our Adviser of £399,000 (year ended 31 March 2024: £nil).

    There were six exits in the year, the most notable being Gentronix, sold for net proceeds of £6.1 million compared to an original cost of £1.4 million, a 4.5 times lifetime return.

    Investment income was higher than the prior period at £2.6 million (year ended 31 March 2024: £2.2 million), which included £0.8 million interest income on realised investments.

    In 2018 we revised our dividend policy in the light of the new VCT rules for investment introduced in 2015 and 2017, which we expected to result in more volatile returns. We introduced an annualised target dividend yield of 5% of opening NAV, which has been exceeded in every period since. Having already declared an interim dividend of 1.6 pence per share which was paid in January 2025, your Directors now propose a final dividend of 1.5 pence per share. The total of 3.1 pence per share is equivalent to 5.1% of the opening net asset value per share of 60.3 pence. The final dividend, if approved, will be paid on 5 September 2025 to shareholders on the register on 8 August 2025.

    Our dividend investment scheme, under which dividends can be re-invested in new ordinary shares free of dealing costs and with the benefit of the tax reliefs available on new VCT share subscriptions, continues to operate with around 16% participation during the year. Instructions on how to join the scheme are included within the dividend section of our website, which can be found here: mercia.co.uk/vcts/nvt/.

    Investment portfolio
    Investment activity has remained strong, with £8.9 million of capital provided to six new venture capital investments and £5.4 million of follow-on capital invested into the existing portfolio. We also made progress in realising the Company’s mature portfolio acquired under the previous VCT rules with the remaining such investments now totalling £9.4 million (31 March 2024: £16.0 million).

    The value of the portfolio increased by £5.6 million (2.8 pence per share) in the year, with several portfolio companies enjoying significant growth: Pure Pet Food and Project Glow Topco (t/a The Beauty Tech Group) both increased in value by over £3 million. Against this there were some significant write-downs in the investments in Adludio and Newcells Biotech.

    Share offers and liquidity
    In April 2024 shares related to the second allotment of the 2023/24 share offer, totalling £20 million, were issued. This allotment saw the issuance of 12,234,307 new ordinary shares, yielding gross subscriptions of £7.8 million.

    As a result of the public share offer launched in January 2025, 24,216,029 new ordinary shares were issued in April 2025, yielding gross proceeds of £15 million.

    The Board continues to monitor liquidity carefully and plans to raise up to £20 million of new capital in the 2025/26 tax year. Further details will be provided in due course.

    Share buy-backs
    We have maintained our policy of being willing to buy back the Company’s shares in the market when necessary, in order to maintain liquidity, at a 5% discount to NAV. During the year ended 31 March 2025 a total of 7,272,999 (year ended 31 March 2024: 5,263,205) shares were repurchased by the Company for cancellation at an average price of 56.6 pence (year ended 31 March 2024: 58.0 pence), representing 3.8% (year ended 31 March 2024: 3.2%) of the opening issued share capital.

    Responsible investment
    The Company is mindful of its Environmental, Social and Governance (ESG) responsibilities and we have outlined our evolving approach in the annual report.

    VCT legislation and qualifying status
    We have continued to meet the stringent and complex qualifying conditions laid down by HM Revenue & Customs for maintaining our approval as a VCT. The Investment Adviser monitors the position closely and reports regularly to the Board. Philip Hare & Associates LLP has continued to act as independent adviser to the Company on VCT taxation matters.

    In September 2024 we were pleased that the extension of the VCT Sunset Clause until 2035 was confirmed. The ‘Sunset Clause’ is a European state aid requirement which, without extension, would have removed the VCT tax reliefs that investors receive on newly issued VCT shares.

    Whilst no further amendments to VCT legislation have been announced, it is possible that further changes will be made in the future. We will continue to work closely with the Investment Adviser to maintain compliance with the scheme rules at all times.

    Investor communications
    The Board is conscious of its responsibility to communicate transparently and regularly with shareholders. Aside from the recent newsletter, we look forward to welcoming shareholders to our AGM and to our forthcoming investor seminar to be held on 7 October 2025 in London. A copy of the recent newsletter and details of how to register for the October seminar can be found on the Company’s website at www.mercia.co.uk/vcts/nvt/.

    Audit tender process
    Following a formal and rigorous audit tender process, the Board has resolved that it intends to recommend Johnston Carmichael LLP for appointment as the Company’s auditor for the financial year ending 31 March 2026 onwards, subject to shareholder approval at the AGM in 2025. Forvis Mazars will remain the Company’s auditor until the AGM in 2025. The Board would like to thank Forvis Mazars LLP for their diligent service over the past five years.

    Annual General Meeting
    The Company’s AGM will be held at 12:30pm on 5 August 2025. The AGM provides an excellent opportunity for shareholders, the Directors and the Investment Adviser to meet in person, exchange views and comment. We will hold the AGM in person at Fora, 210 Euston Road, London, NW1 2DA. We also intend to offer remote access for shareholders through an online webinar facility for those who would prefer not to travel. Full details and formal notice of the AGM are set out in a separate document. Please note that shareholders attending remotely must register their votes ahead of time, as it will not be possible to count votes from online participants at the AGM.

    Board succession
    John E Milad joined the Board on 21 August 2024. John brings over 25 years’ experience as an executive leader, board member, venture capital investor and investment banker focused on the life sciences and medical technology sectors. He is currently the CEO of ERS Genomics, a licenser of the Nobel Prize-winning CRISPR / Cas9 gene editing technology.

    Further biographical details for all the Directors can be found in the annual report.

    We will mark the retirement from the Board of David Mayes at the AGM. David was appointed in November 2014. Over the past decade, he has served the Company and its shareholders with dedication and commitment. On behalf of the Board and our shareholders, I would like to thank David for his valuable contributions and steadfast support to the Company during his tenure.

    Performance Fee
    I am pleased to report that the Company’s performance over the past financial year has met the threshold required to trigger the payment of a performance fee of £399,000 to the Investment Adviser. This outcome reflects a year of strong execution and value creation within the portfolio, and I would like to extend the Board’s thanks to the Adviser’s team for delivering results that warrant this reward.

    The performance fee has been calculated in line with the revised fee structure agreed with shareholders in 2023. Under this framework, which was designed to provide stronger alignment with long-term shareholder value creation, the performance fee payable is broadly comparable to the level that would have been paid under the legacy arrangement. The performance fee is intended to reward the Adviser for delivering sustained solid performance over time. In addition to the performance fee, the Company’s co-investment scheme continues to play a vital role in aligning the interests of the Adviser’s team with those of our shareholders. Together, these mechanisms provide a well-structured incentive framework that encourages long-term thinking and disciplined capital deployment in the interests of all shareholders.

    Outlook
    We are cautiously optimistic of the UK’s growth prospects, while remaining aware of and vigilant to the volatility generated from both domestic and global sources. We remain positive about the resilience, diversity and growth potential of the portfolio and its ability to generate long term shareholder value.

    Deborah Hudson
    Chair
    17 June 2025

    Income statement
    for the year ended 31 March 2025

        Year ended 31 March 2025   Year ended 31 March 2024
    Revenue
    £000    		 Capital
    £000    		 Total
    £000    		   Revenue
    £000    		 Capital
    £000    		 Total
    £000
    Gain / (loss) on disposal of investments       – 3,555 3,575   – 1,203 1,203
    Unrealised fair value gains / (losses) on investments       – 5,603 5,603   – 2,499 2,499
            – 9,158 9,158   – 3,702 3,702
                         
    Dividend and interest income       2,594 – 2,594   2,220 – 2,220
    Investment management fee       (568) (2,103) (2,671)   (516) (1,549) (2,065)
    Other expenses       (600) – (600)   (641) – (641)
                         
    Return before tax       1,426 7,055 8,481   1,063 2,153 3,216
    Tax on return       (592) 592 –   79 (79) –
                         
    Return after tax       834 7,647 8,481   1,142 2,074 3,216
                         
    Return per share       0.4p 3.8p 4.2p   0.6p 1.2p 1.8p

    Balance sheet
    as at 31 March 2025

        31 March
    2025
    £000    		   31 March
    2024
    £000
    Fixed assets            
    Investments       93,537   82,574
                 
    Current assets            
    Debtors       2,895   951
    Cash and cash equivalents       25,439   31,497
            28,334   32,448
                 
    Creditors (amounts falling due within one year)       (620)   (191)
    Net current assets       27,714   32,257
    Net assets       121,251   114,831
                 
    Capital and reserves            
    Called-up equity share capital       49,302   47,615
    Share premium       35,348   30,418
    Capital redemption reserve       8,476   6,658
    Capital reserve       20,451   28,099
    Revaluation reserve       6,779   882
    Revenue reserve       895   1,159
    Total equity shareholders’ funds       121,251   114,831
    Net asset value per share       61.5p   60.3p

    Statement of changes in equity
    for the year ended 31 March 2025

        Non-distributable reserves   Distributable reserves    
    Called-up share capital
    £000    		 Share premium
    £000    		 Capital redemption
    reserve
    £000    		 Revaluation reserve*
    £000    		   Capital
    reserve
    £000    		 Revenue
    reserve
    £000    		   Total
    £000
    At 31 March 2024       47,615 30,418 6,658 882   28,099 1,159   114,831
    Return after tax       – – – 5,897   1,750 834   8,481
    Dividends paid       – – – –   (5,282) (1,098)   (6,380)
    Net proceeds of share issues       3,505 4,930 – –   – –   8,435
    Shares purchased for cancellation       (1,818) – 1,818 –   (4,116) –   (4,116)
    At 31 March 2025       49,302 35,348 8,476 6,779   20,451 895   121,251

    for the year ended 31 March 2024

        Non-distributable reserves   Distributable reserves    
    Called-up share capital
    £000    		 Share premium
    £000    		 Capital redemption
    reserve
    £000    		 Revaluation reserve*
    £000    		   Capital
    reserve
    £000    		 Revenue
    reserve
    £000    		   Total
    £000
    At 31 March 2023       41,230 19,394 5,342 1,698   34,433 400   102,497
    Return after tax       – – – (816)   2,890 1,142   3,216
    Dividends paid       – – – –   (6,156) (383)   (6,539)
    Net proceeds of share issues       7,701 11,024 – –   – –   18,725
    Shares purchased for cancellation       (1,316) – 1,316 –   (3,068) –   (3,068)
    At 31 March 2024       47,615 30,418 6,658 882   28,099 1,159   114,831

    Statement of cash flows
    for the year ended 31 March 2025

          Year ended
    31 March
    2025
    £000    		   Year ended
    31 March
    2024
    £000
    Cash flows from operating activities              
    Return before tax         8,481   3,216
    Adjustments for:              
    (Gain) / loss on disposal of investments         (3,555)   (1,203)
    Movements in fair value of investments         (5,603)   (2,499)
    (Increase) / decrease in debtors         58   (103)
    Increase / (decrease) in creditors         429   8
    Net cash inflow / (outflow) from operating activities         (190)   (581)
                   
    Cash flows from investing activities              
    Purchase of investments         (14,258)   (15,351)
    Proceeds on disposal of investments         10,451   24,310
    Net cash inflow / (outflow) from investing activities         (3,807)   8,959
    Cash flows from financing activities              
    Issue of ordinary shares         8,801   19,353
    Share issue expenses         (366)   (628)
    Purchase of ordinary shares for cancellation         (4,116)   (3,068)
    Equity dividends paid         (6,380)   (6,539)
    Net cash inflow / (outflow) from financing activities         (2,061)   9,118
    Increase / (decrease) in cash and cash equivalents         (6,058)   17,496
    Cash and cash equivalents at beginning of year         31,497   14,001
    Cash and cash equivalents at end of year         25,439   31,497

    Investment portfolio
    31 March 2025

    Fifteen largest venture capital investments

    		 Cost
    £000    		 Valuation
    £000    		 Like for like valuation
    increase / (decrease)
    over year**
    £000    		 % of net assets
    by value    		  
    1 Project Glow Topco (t/a The Beauty Tech Group) 1,686 7,323 3,766 6.0%  
    2 Pure Pet Food 1,675 6,205 3,301 5.1%  
    3 Rockar 1,877 3,559 393 2.9%  
    4 Pimberly 2,060 3,520 41 2.9%  
    5 Tutora (t/a Tutorful) 3,305 3,305 – 2.7%  
    6 Forensic Analytics 2,717 2,717 – 2.2%  
    7 Netacea 2,631 2,631 – 2.2%  
    8 Biological Preparations Group 2,366 2,620 445 2.2%  
    9 Ridge Pharma 1,497 2,527 359 2.1%  
    10 Enate 1,516 2,176 659 1.8%  
    11 LMC Software 1,950 2,156 207 1.8%  
    12 Broker Insights 2,076 2,152 68 1.8%  
    13 Turbine Simulated Cell Technologies 1,863 2,074 22 1.7%  
    14 Clarilis 1,972 1,972 – 1.6%  
    15 Semble 1,951 1,951 – 1.6%  
    Other venture capital investments          
    16 Naitive Technologies 1,836 1,938 104 1.6%  
    17 Napo 1,933 1,933 – 1.6%  
    18 Risk Ledger 1,412 1,911 500 1.6%  
    19 Social Value Portal 1,888 1,888 – 1.5%  
    20 Administrate 2,906 1,842 (184) 1.5%  
    21 Send Technology Solutions 1,770 1,838 69 1.5%  
    22 Moonshot 1,329 1,805 478 1.5%  
    23 IDOX* 238 1,799 (139) 1.5%  
    24 Newcells Biotech 3,225 1,777 (1,693) 1.5%
    25 Volumatic Holdings 216 1,773 (148) 1.5%
    26 Locate Bio 1,753 1,753 – 1.4%
    27 VoxPopMe 1,660 1,660 – 1.4%
    28 Camena Bioscience 1,594 1,594 – 1.3%
    29 Wonderush Ltd (t/a Hownow) 1,421 1,421 – 1.2%
    30 Ski Zoom (t/a Heidi Ski) 1,404 1,404 – 1.2%
    31 Axis Spine Technologies 1,353 1,357 4 1.1%
    32 Buoyant Upholstery 672 1,349 (719) 1.1%
    33 Culture AI 1,324 1,324 – 1.1%
    34 Duke & Dexter 1,237 1,281 637 1.1%
    35 Promethean 1,281 1,281 – 1.1%
    36 Optellum 1,276 1,276 – 1.1%
    37 Rego Technologies (t/a Upp)(formerly Volo) 2,504 1,104 401 0.9%
    38 Centuro Global 1,038 1,038 – 0.9%
    39 iOpt 941 1,025 84 0.8%
    40 Tozaro (formerly MIP Discovery) 1,025 1,025 – 0.8%
    41 Scalpel 976 976 – 0.8%
    42 Seahawk Bidco 513 971 (21) 0.8%
    43 Wobble Genomics 968 968 – 0.8%
    44 Warwick Acoustics 964 964 – 0.8%
    45 Oddbox 1,093 869 71 0.7%
    46 Synthesized 510 751 240 0.6%
    47 Quotevine 1,311 495 495 0.4%
    48 Thanksbox (t/a Mo) 1,685 402 (13) 0.3%
    49 Atlas Cloud 704 387 (1) 0.3%
    50 RTC Group* 436 345 – 0.3%
    51 Fresh Approach (UK) Holdings 885 313 (127) 0.3%
    52 Sorted 182 241 58 0.2%
    53 Arnlea Holdings 1,305 227 (11) 0.2%
    54 Sen Corporation 681 141 (156) 0.1%
    55 Northrow 1,494 76 (615) 0.1%
    56 Angle* 131 36 (9) 0.0%
    57 Adludio 2,927 33 (2,904) 0.0%
    58 Customs Connect Group 1,525 33 (80) 0.0%
    59 Velocity Composites* 90 25 (6) 0.0%
      Total venture capital investments 86,758 93,537   77.1%
      Net current assets   27,714   22.9%
      Net assets   121,251   100.0%

    *        Listed on AIM.

    **        This change in ‘like for like’ valuations is a comparison of the 31 March 2025 valuations with the 31 March 2024 valuations (or where a new investment has been made in the year, the investment amount), having adjusted for any partial disposals, loan stock repayments or new and follow-on investments in the year.

    Risk management
    The Board carries out a regular and robust assessment of the risk environment in which the Company operates and seeks to identify new risks as they emerge. The principal and emerging risks and uncertainties identified by the Board which might affect the Company’s business model and future performance, and the steps taken with a view to their mitigation, are as follows:

    Risk Mitigation
    Availability of qualifying investments: there can be no guarantee that suitable investment opportunities will be identified in order to meet the Company’s objectives, which could have an adverse effect on Investor returns. Additionally, the Company’s ability to obtain maximum value from its investments may be limited by the requirements of the relevant VCT Rules in order to maintain the VCT status of the Company. The Investment Adviser has a dedicated investment team that identifies and transacts in qualifying investments. The Directors regularly meet with the Investment Adviser to maintain awareness of the pipeline, and factors this into the Company’s fund raising plans.
    Credit risk: the Company holds a number of financial instruments and cash deposits and is dependent on the counterparties discharging their commitment. Such balances my be held with banks or in money market funds as part of the Company’s liquidity management. The Directors review the creditworthiness of the counterparties to these instruments including the rating of money market funds to seek to manage and mitigate exposure to credit risk.
    Economic and geopolitical risk: events such as economic recession or general fluctuation in stock markets, exchange rates and interest rates, notwithstanding recent lower inflation and falling interest rates, may affect the valuation of investee companies and their ability to access adequate financial resources, as well as affecting the Company’s own share price and discount to net asset value. In addition, US trade policy and hostilities in the Middle East and Ukraine (including sanctions on the Russian Federation) may have further economic consequences as a result of market volatility and the restricted access to certain commodities and energy supplies. Such conditions may adversely affect the performance of companies in which the Company has invested (or may invest), which in turn may adversely affect the performance of the Company, and may have an impact on the number or quality of investment opportunities available to the Company and the ability of the Investment Adviser to realise the Company’s investments. Any of these factors could have an adverse effect on Investor returns. The Company invests in a diversified portfolio of investments spanning various industry sectors and which are at different stages of growth. The Company maintains sufficient cash reserves to be able to provide additional funding to investee companies where it is appropriate and in the interests of the Company to do so. The Investment Adviser’s team is structured such that appropriate monitoring and oversight is undertaken by an experienced investment executive. As part of this oversight, the investment executive will guide and support the board of each unquoted investee company. At all times, and particularly during periods of heightened economic uncertainty, the investment team of the Investment Adviser share best practice from across the portfolio with the investee management teams in order to help with addressing economic challenges.
    Financial risk: most of the Company’s investments involve a medium to long-term commitment and many are illiquid. The Directors consider that it is inappropriate to finance the Company’s activities through borrowing except on an occasional short-term basis. Accordingly they seek to maintain a proportion of the Company’s assets in cash or cash equivalents in order to be in a position to pursue new unquoted investment opportunities and to make follow-on investments in existing portfolio companies. The Company has very little direct exposure to foreign currency risk and does not enter into derivative transactions.
    Investment and liquidity risk: the Company invests in early stage companies which may be pre-revenue at the point of investment. Portfolio companies may also require significant funds, through multiple funding rounds to develop their technology or the products being developed may be subject to regulatory approvals before they can be launched into the market. This involves a higher degree of risk and company failure compared to investment in larger companies with established business models. Early stage companies generally have limited product lines, markets and financial resources and may be more dependent on key individuals. The securities of companies in which the Company invests are typically unlisted, making them particularly illiquid and may represent minority stakes, which may cause difficulties in valuing and disposing of the securities. The Company may invest in businesses whose shares are quoted on AIM however this may not mean that they can be readily traded and the spread between the buying and selling prices of such shares may be wide. The Directors aim to limit the investment and liquidity risk through regular monitoring of the investment portfolio and oversight of the Investment Adviser, who is responsible for advising the Board in accordance with the Company’s investment objective. The investment and liquidity risks are mitigated through the careful selection, close monitoring and timely realisation of investments, by carrying out rigorous due diligence procedures and maintaining a wide spread of holdings in terms of financing stage and industry sector within the rules of the VCT scheme. The Board reviews the investment portfolio and liquidity with the Investment Adviser on a regular basis.
    Legislative and regulatory risk: in order to maintain its approval as a VCT, the Company is required to comply with current VCT legislation in the UK. Changes to UK legislation in the future could have an adverse effect on the Company’s ability to achieve satisfactory investment returns whilst retaining its VCT approval. The Company is registered with the Financial Conduct Authority (FCA) as a small internally managed AIF and is required to comply with a number of reporting and other regulatory requirements. Failure to comply correctly or changes in the regulatory regime could affect the status of the VCT. The Board and the Investment Adviser monitor political developments and where appropriate seek to make representations either directly or through relevant trade bodies. The Board also works closely with the Adviser to ensure that the Company remains compliant with the relevant regulatory requirements.
    Operational risk: the Company does not have any employees and the Board relies on a number of third party providers, including the Investment Adviser, registrar and custodian, sponsor, receiving agent, lawyers and tax advisers, to provide it with the necessary services to operate. Such operations delegated to the Company’s key service providers may not be performed in a timely or accurate manner, resulting in reputational, regulatory, or financial damage. The risk of cyber-attack or failure of the systems and controls at any of the Company’s third party providers may lead to an inability to service shareholder needs adequately, to provide accurate reporting and accounting and to ensure adherence to all VCT legislation rules. The Board has appointed an Audit and Risk Committee, who monitor the effectiveness of the system of internal controls, both financial and non-financial, operated by the Company and the Investment Adviser. These controls are designed to ensure that the Company’s assets are safeguarded and that proper accounting records are maintained. Third party suppliers are required to have in place their own risk and controls framework, business continuity plans and the necessary expertise and resources in place to ensure that a high quality service can be maintained even under stressed scenarios.
    Performance of the Investment Adviser: the successful implementation of the Company’s investment policy is dependent on the expertise of the Investment Adviser and its ability to attract and retain suitable staff. The Company’s ability to achieve its investment objectives is largely dependent on the performance of the Investment Adviser in the acquisition and disposal of assets and the management of such assets. The Board has broad discretion to monitor the performance of the Investment Adviser and the power to appoint a replacement, but the Investment Adviser’s performance or that of any replacement cannot be guaranteed. The Board have both formal reviews by way of the Management Engagement Committee and Board meetings, and informal reviews over the course of the year outside of the formal Board timetable. Performance is closely monitored, including receiving detailed league table information and other market intelligence. Any concerns or suggestions are passed to the Investment Adviser, which are robustly challenged.
    Stock market risk: a small proportion of the Company’s investments are quoted on AIM and will be subject to market fluctuations upwards and downwards. External factors such as terrorist activity, political activity or global health crises, can negatively impact stock markets worldwide. In times of adverse sentiment there may be very little, if any, market demand for shares in smaller companies quoted on AIM. The Company’s small number of holdings of quoted investments are actively managed by the Investment Adviser, and the Board keeps the portfolio and the actions taken under ongoing review.
    VCT qualifying status risk: while it is the intention of the Directors that the Company will be managed so as to continue to qualify as a VCT, there can be no guarantee that this status will be maintained. A failure to continue meeting the qualifying requirements could result in the loss of VCT tax relief, the Company losing its exemption from corporation tax on capital gains, to shareholders being liable to pay income tax on dividends received from the Company and, in certain circumstances, to shareholders being required to repay the initial income tax relief on their investment. The Investment Adviser keeps the Company’s VCT qualifying status under continual review and its reports are reviewed by the Board on a quarterly basis. The Board has also retained Philip Hare & Associates LLP to undertake an independent VCT status monitoring role.

    Other matters

    The above summary of results for the year ended 31 March 2025 does not constitute statutory financial statements within the meaning of Section 435 of the Companies Act 2006 and has not been delivered to the Registrar of Companies. Statutory financial statements will be filed with the Registrar of Companies in due course; the independent auditor’s report on those financial statements under Section 495 of the Companies Act 2006 is unqualified, does not include any reference to matters to which the auditor drew attention by way of emphasis without qualifying the report and does not contain a statement under Section 498 (2) or (3) of the Companies Act 2006.

    The calculation of the return per share is based on the return after tax for the year of £8,481,000 (2024: £3,216,000) and on 200,018,249 (2024: 179,260,563) shares, being the weighted average number of shares in issue during the period.

    If approved by shareholders, the proposed final dividend of 1.5 pence per share for the year ended 31 March 2025 will be paid on 5 September 2025 to shareholders on the register at the close of business on 8 August 2025.

    The full annual report including financial statements for the year ended 31 March 2025 is expected to be made available to shareholders on or around 27 June 2025 and will be available to the public at the registered office of the company at Forward House, 17 High Street, Henley-in-Arden B95 5AA and on the Company’s website.

    The contents of the Mercia Asset Management PLC website and the contents of any website accessible from hyperlinks on the Mercia Asset Management PLC website (or any other website) are not incorporated into, nor form part of, this announcement.

    The MIL Network –

  • MIL-OSI: TopLine Financial Credit Union Partners With The Federal Home Loan Bank of Des Moines to Award $40,000 to Community Non-Profit Partners

    Source: GlobeNewswire (MIL-OSI)

    Member Impact Fund Grant Program Supports Affordable Housing and Community Development      

    MAPLE GROVE, Minn., June 17, 2025 (GLOBE NEWSWIRE) — TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, in partnership with Federal Home Loan Bank of Des Moines (FHLB Des Moines), is pleased to announce that four Minnesota community non-profit organizations will each receive a $10,000 grant from the Member Impact Fund, for a total of $40,000 awarded. This matching grant program will result in FHLB Des Moines awarding $20 million in funding to support affordable housing and community development in Minnesota.

    The grant funds will be used to support a variety of funding gaps that are being experienced by four non-profits that TopLine Financial Credit Union is proud to partner with, and together dedicated to improving affordable housing and community development initiatives. Grants will support the following non-profits and initiatives:

    • Avenues for Youth: funds will be used to subsidize food expenses, as they are no longer receiving assistant from a community food shelf, and combined with inflation has led to rising expenses, estimated at $25,000 annually.   Avenues serves 300 youth/families annually (90% of the youth identify as BIPOC and 38% identify as LGBTQI+).
    • Karen Organization of Minnesota: funds will be used for a Summer Youth Chemical Dependency Program, to serve 33 young people. The program promotes experiential learning, and a case management team to assist clients in recovery and treatment.
    • Keystone Community Services: funds will support a Foodmobile program, a mobile food shelf that brings food directly to under-resourced neighborhoods across Ramsey County. It operates over 25 times each month, providing fresh produce, canned goods, and pantry staples at community centers, senior housing, schools, and health clinics.
    • Union Gospel Mission Twin Cities: funds will be used for the Naomi Family Program, which provides transitional shelter and wraparound support for women and children in crisis, to bridge them to stable housing and independence.

    “We extend our sincere gratitude to the Federal Home Loan Bank of Des Moines for their invaluable partnership. We deeply appreciate their Member Impact Fund initiative, which tripled the impact of TopLine’s community donations, supporting our local communities,” said Mick Olson, President and CEO of TopLine Financial Credit Union. “This grassroots local community give-back is a powerful testament to partners uniting in their unwavering commitment to support those in need and facing crisis.”

    TopLine was proud to personally present the funds to each non-profit partner, and on behalf of the Federal Home Loan Bank of Des Moines (FHLB Des Moines).

    “We are thrilled to receive this generous funding initiated by TopLine and triple-matched by FHLB. These funds for the Naomi Family Program will strengthen our ability to serve women and children experiencing homelessness as we walk alongside and equip them for a brighter future with financial stability and secure housing,” says Pam Stegora Axberg, CEO, Union Gospel Mission Twin Cities.

    “Food insecurity is at record levels, and the Keystone Foodmobile is a vital way we meet people where they are,” said Adero Riser Cobb, President and CEO of Keystone Community Services. “This support helps us reach more neighborhoods with healthy, culturally relevant food and break down barriers to access.”

    “The Member Impact Fund continues to be a powerful resource in supporting our members as they expand access to affordable housing and drive community development,” says Kris Williams, president and CEO of FHLB Des Moines. “It’s inspiring to see the partnerships centered around improving local communities in such a variety of ways.”

    Recipient organizations were selected based on the needs for grant funding to support capacity-building or working capital necessary to strengthen their ability to serve affordable housing or community development needs including job training, affordable housing, financial literacy, food banks and youth programs.

    Federal Home Loan Bank of Des Moines provides funding solutions to more than 1,200 members to support mortgage lending, economic development and affordable housing in the communities, serving 13 states and three U.S Pacific territories as a member-owned cooperative. The Member Impact Fund provides FHLB Des Moines members up to $3 for every $1 in matching grant donations to strengthen the ability of not-for-profits or government entities to support the needs of communities.

    FHLB Des Moines is one of 11 regional Banks that make up the Federal Home Loan Bank System. Members include community and commercial banks, credit unions, insurance companies, thrifts and community development financial institutions. FHLB Des Moines is wholly owned by its members and receives no taxpayer funding. For additional information about FHLB Des Moines, please visit www.fhlbdm.com.

    TopLine Financial Credit Union, a Twin Cities-based credit union, is Minnesota’s 9th largest credit union, with assets of over $1.1 billion and serves over 70,000 members. Established in 1935, the not-for-profit financial cooperative offers a complete line of financial services from its ten branch locations — in Bloomington, Brooklyn Park, Champlin, Circle Pines, Coon Rapids, Forest Lake, Maple Grove, Plymouth, St. Francis and in St. Paul’s Como Park — as well as by phone and online at www.TopLinecu.com. Membership is available to anyone who lives, works, worships, attends school or volunteers in Anoka, Benton, Carver, Chisago, Dakota, Hennepin, Isanti, Kanabec, Mille Lacs, Pine, Ramsey, Scott, Sherburne, Washington and Wright counties in Minnesota and their immediate family members, as well as employees and retirees of Anoka Hennepin School District #11, Anoka Technical College, Federal Premium Ammunition, Hoffman Enclosures, Inc., GRACO, Inc., and their subsidiaries. Visit us on our Facebook or Instagram. To learn more about the credit union’s foundation, visit www.TopLinecu.com/Foundation.

    CONTACT:
    Vicki Roscoe Erickson
    Senior Vice President and Chief Marketing Officer
    TopLine Financial Credit Union
    verickson@toplinecu.com | 763.391.0872

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c0e9c239-4105-42eb-8198-e7644dce7800

    The MIL Network –

  • MIL-OSI: Siili Solutions Plc: Share Repurchase 17.6.2025

    Source: GlobeNewswire (MIL-OSI)

    Siili Solutions Plc       Announcement  17.6.2025
         
         
    Siili Solutions Plc: Share Repurchase 17.6.2025  
         
    In the Helsinki Stock Exchange    
         
    Trade date           17.6.2025  
    Bourse trade         Buy  
    Share                  SIILI  
    Amount             1 200 Shares
    Average price/ share    6,2600 EUR
    Total cost            7 512,00 EUR
         
         
    Siili Solutions Plc now holds a total of 13 698 shares
    including the shares repurchased on 17.6.2025  
         
    The share buybacks are executed in compliance with Regulation 
    No. 596/2014 of the European Parliament and Council (MAR) Article 5
    and the Commission Delegated Regulation (EU) 2016/1052.
         
    On behalf of Siili Solutions Plc    
         
    Nordea Bank Oyj    
         
    Sami Huttunen Ilari Isomäki  
         
    Further information:    
    CFO Aleksi Kankainen    
    Email: aleksi.kankainen@siili.com    
    Tel. +358 50 584 2029    
         
    www.siili.com    

    Attachment

    The MIL Network –

  • MIL-OSI: Siili Solutions Plc: Share Repurchase 17.6.2025

    Source: GlobeNewswire (MIL-OSI)

    Siili Solutions Plc       Announcement  17.6.2025
         
         
    Siili Solutions Plc: Share Repurchase 17.6.2025  
         
    In the Helsinki Stock Exchange    
         
    Trade date           17.6.2025  
    Bourse trade         Buy  
    Share                  SIILI  
    Amount             1 200 Shares
    Average price/ share    6,2600 EUR
    Total cost            7 512,00 EUR
         
         
    Siili Solutions Plc now holds a total of 13 698 shares
    including the shares repurchased on 17.6.2025  
         
    The share buybacks are executed in compliance with Regulation 
    No. 596/2014 of the European Parliament and Council (MAR) Article 5
    and the Commission Delegated Regulation (EU) 2016/1052.
         
    On behalf of Siili Solutions Plc    
         
    Nordea Bank Oyj    
         
    Sami Huttunen Ilari Isomäki  
         
    Further information:    
    CFO Aleksi Kankainen    
    Email: aleksi.kankainen@siili.com    
    Tel. +358 50 584 2029    
         
    www.siili.com    

    Attachment

    The MIL Network –