NewzIntel.com

Category: GlobeNewswire

  • MIL-OSI: Scarlet from Candy AI Named Top AI Companion of 2025

    Source: GlobeNewswire (MIL-OSI)

    VALLETTA, MALTA, June 16, 2025 (GLOBE NEWSWIRE) — Scarlet Ashford from Candy AI has been awarded the title of Top AI Companion of 2025, following an announcement by RedHairGirls.com, a platform dedicated to in-depth evaluations of AI characters and technologies, operated by Omniserp.

    This year’s competition featured 28 AI personalities from various platforms, with evaluation criteria including conversational realism, emotional responsiveness, user interaction quality, and overall character development.

    In a closely contested ranking among leading digital companions, Scarlet stood out for her intelligent dialogue, distinctive personality, and strong emotional engagement. Judges and users alike commended her for offering a well-rounded, lifelike experience that balances personality depth with engaging conversation.

    The fiery redhead is part of Candy AI’s growing roster of over 100 AI companions, and has been part of the platform since its official launch in 2024. With this recognition, Candy AI now proudly holds the title of offering one of the most beloved redhead AI girlfriends in the virtual companionship space.

    This Year’s Award for the Best AI Girlfriend Was a Tightly Contested One

    RedHairGirls.com is known for its detailed reviews and fan-voted rankings of redhead-themed AI companions. The site’s editorial team has been following Candy AI’s development closely since the beginning. To date, RHG has reviewed a total of 28 redhead AI characters, with Scarlet consistently earning high praise in both public polls and private feedback forums.

    In a tight race between Camille from Luvr AI, Hazel from Kupid AI, and Scarlet from Candy AI, the RedHairGirls.com judging panel scored each character on depth, engagement, and overall user experience. While each finalist brought something unique to the table, Scarlet edged ahead.

    Scarlet Is Available on Candy AI with Full Support for Chat, Voice, and Video

    According to internal usage data, she remains one of the most actively engaged-with characters on the platform – especially among new users, consistently topping fan polls and private feedback threads.

    As Candy AI continues to expand its offering with personalities ranging from wholesome to wildly entertaining, Scarlet’s recognition signals a broader shift: the age of emotionally intelligent, visually immersive AI partners has officially arrived.

    Candy AI consistently ranks among the top platforms for AI girlfriends, praised for its character depth, customization, and multimedia experience. At the same time, RedHairGirls.com aims to become the go-to source for reviews, rankings, and commentary on redhead AI companions across all major platforms.

    As the space grows more competitive, RHG is doubling down on its editorial coverage to help users discover standout personalities like Scarlet and stay informed on what’s new, what’s hot, and what’s worth chatting with next.

    For more on Scarlet and other AI girlfriend reviews, visit https://redhairgirls.com/en/ to read the full breakdown. And if you’d like to experience Scarlet for yourself, you can start chatting with her directly at under this link: https://candy.ai/ai-girlfriend/scarlet-ashford

    Media contact

    Brand: Omniserp Digital iGaming

    Contact: Goran Kordic

    Email: hello@omniserp.com

    Website: https://www.omniserp.com

    The MIL Network –

  • MIL-OSI: DAMAC Properties Officially Launches DAMAC Chelsea Residences, Introducing a New Era of Urban Luxury in Central Dubai

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, June 16, 2025 (GLOBE NEWSWIRE) — DAMAC Properties Dubai is proud to announce the official launch of DAMAC Chelsea Residences, a new residential development that redefines modern luxury living in the heart of Dubai. Strategically located and inspired by the success of DAMAC CANAL HEIGHTS 2, this timely launch offers buyers and investors a unique opportunity to secure a home in one of the city’s most promising lifestyle communities.

    Set in a prime location with seamless access to Dubai’s financial, commercial, and leisure districts, DAMAC Chelsea Residences is poised to become a new landmark for contemporary living. This launch comes as Dubai’s real estate market continues its strong upward trend, with growing demand for high-end, well-connected properties.

    “We’re excited to bring Chelsea Residences to the market at a time when Dubai is witnessing exceptional demand for premium real estate,” said a DAMAC Properties spokesperson. “This project embodies the essence of urban sophistication, with unmatched design, elite amenities, and a location that speaks to both convenience and prestige.”

    Key Features of DAMAC Chelsea Residences

    • Prime Central Location: Minutes from Burj Khalifa, Dubai Mall, DIFC, top schools, and hospitals
    • Design Influence: Inspired by DAMAC CANAL HEIGHTS 2, with sleek interiors and expansive windows
    • Modern Units: From chic one-bedroom apartments to elegant penthouses
    • Luxury Amenities: Rooftop pool with skyline views, co-working spaces, children’s play zones, private lounges
    • Smart Living: High-end appliances, smart home systems, and full-service property management
    • Security and Services: 24-hour concierge, valet, and advanced security systems

    Ideal for Investors and End-Users

    With Dubai’s property market showing sustained momentum, DAMAC Chelsea Residences offers strong investment appeal. The development is expected to generate high rental yields and long-term value appreciation. DAMAC also provides comprehensive property management solutions, making it an ideal option for both local and international buyers.

    About DAMAC Properties Dubai
    DAMAC Properties has been at the forefront of luxury real estate in the Middle East since 2002, delivering iconic residential, commercial, and leisure properties across the region and beyond. Known for its attention to detail and innovation, DAMAC continues to set new standards for modern living.

    For More Information:
    Visit: https://damacproperties-dubai.com

    Contact:
    Rebeca Pop
    BusyDay Agency
    hello@busyday.agency

    Disclaimer: This content is provided by DAMAC Chelsea Residences. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or business advice. All investments carry inherent risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own due diligence and consult with a qualified financial advisor before making any investment decisions. Neither the media platform nor the publisher shall be held responsible for any inaccuracies, misrepresentations, or financial losses resulting from the use or reliance on the information in this press release. Speculate only with funds you can afford to lose. In the event of any legal claims or concerns regarding 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 warranties or representations of any kind, express or implied. We assume no responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained herein. Any complaints, copyright issues, or inquiries regarding this article should be directed to the content provider listed above.

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/b9bebf8d-e42c-4156-bfa3-27068744266c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/386766c0-721f-41dc-b625-8280747a5d74

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d5b34809-e0c9-4b80-8169-06cd1bac80e6

    The MIL Network –

  • MIL-OSI: OMS Energy Technologies Inc. Issues Post-IPO Operational Update Featuring Customer Growth, Expansion Initiatives and R&D and Safety Achievements

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 16, 2025 (GLOBE NEWSWIRE) — OMS Energy Technologies Inc. (“OMS” or the “Company”) (Nasdaq: OMSE), a growth-oriented manufacturer of surface wellhead systems (“SWS”) and oil country tubular goods (“OCTG”) for the oil and gas industry, today provided a business update outlining its recent accomplishments as the Company prepares for its inaugural earnings call following its successful Nasdaq listing in May 2025.

    Operational Highlights

    • New order win in Angola and renewed contract in Thailand; Southeast Asia emerging as driving force in customer acquisition
    • Expanding business footprint and growing talent pool
    • R&D achievements and partnerships steadily enriching product portfolio
    • Consistent enhancements to occupational health, safety and environmental management
    • Development initiatives fostering revenue diversification and enhancing financial stability

    Mr. How Meng Hock, CEO of OMS Energy Technologies Inc., commented, “We’re excited to begin our journey as a public company with a healthy operational foundation, underscored by thriving customer relationships and partnerships, an expanding brand presence and cutting-edge R&D and manufacturing capabilities. We are also supported by a strong balance sheet and a deep commitment to prudent financial management, positioning us to quickly and flexibly execute our development strategy when suitable opportunities arise. With our focus on exceptional service and dedication to crafting superior products, we’re confident of delivering innovative solutions to a growing, global customer base, creating value for all of our stakeholders.”

    Customer Growth and Diversification

    Offering a broad array of highly engineered products and customizable solutions for the oil and gas industry, OMS is anchored by a solid base of long-term contracts and longstanding relationships with global and local oil companies, drilling contractors, E&P and oilfield service providers across the Asia Pacific, Middle East and North Africa (MENA), and West African regions. The Company recently entered the Angola market and has secured a letter of award through its Middle East representative for the supply of surface wellhead systems to Grupo Simples Oil in the Onshore Kwanza Basin Block of KON-06 in Angola, expanding its brand presence in West Africa.

    In the Indonesian market, the Company’s marketing efforts are attracting new customers, such as PT Seleraya Belida (South Sumatra) and Pertamina Hulu Sanga Sanga (East Kalimantan), and driving steady growth in sales of surface wellhead and Christmas tree products.

    OMS’ existing customer base continues to exhibit strong loyalty. In June, PTTEP, a long-term customer in the Thailand market, signed a new three-year agreement effective July 1, 2025, further stabilizing the Company’s revenue base. The Company also inked a 10-year supply agreement with Saudi Aramco in early 2024, projected to generate an estimated $120 to $200 million annually. Moreover, the Company’s annual price agreement with Halliburton continues to fuel robust order volumes at its Malaysia and Singapore facilities.

    Geographic and Talent Pool Expansion

    OMS boasts a broad geographic footprint in the oil-rich Asia Pacific and MENA regions, with 11 manufacturing facilities strategically situated across six countries (Singapore, Malaysia, Brunei, Saudi Arabia, Thailand, and Indonesia). By hiring local citizens, producing products and services within these jurisdictions, and sourcing high-value materials locally, the Company establishes eligibility to participate in government tenders and contracts, boosting its competitive edge. Employing locals also helps the Company meet the requirements of localization programs such as IKTVA in Saudi Arabia and TKDN in Indonesia while enriching its talent pool. The Company is exploring new operating jurisdictions to increase market share and extending its reach globally through a growing number of export countries.

    Product Development & Manufacturing Advancements

    OMS’s $1.1 million investment in Additive Manufacturing (AM) research is propelling progress in the development of a metallic seal for the Company’s high-pressure-high temperature (HPHT) gate valves, a technological breakthrough that promises to promote innovation, improve supply chain efficiency and enable better material selection for critical components. To date, OMS has completed Phase 1 of its proof of concept, covering material selection, additive manufacturing methodology and stress analysis on the part for fit, form and function for using this method. The Company continues to invest in R&D, forging partnerships with top institutions such as the Singapore Institute of Manufacturing and Technology (SIMTech) to remain at the forefront of industry innovation.

    Meanwhile, the Company is steadily delivering on orders placed under its long-term agreements with Saudi Aramco and Halliburton Malaysia and Singapore, leveraging its precision manufacturing expertise and strategically-located facilities to produce mission-critical products and custom solutions with shorter lead times. A healthy, balanced manufacturing capacity utilization level empowers OMS to seamlessly meet rising demand from new and existing customers.

    Occupational Health, Safety and Environmental Management Enhancements

    Safety and environmental protection are critical to the oil and gas industry and a key cornerstone of OMS’ operations. The Company holds ISO 9001 and API Q1 quality management system certifications for all of its manufacturing sites, as well as ISO 45001-Occupational Health and Safety Management System and ISO 14001-Environmental Management System certifications. The Company recently completed the annual surveillance audit required to maintain its ISO 45001 and ISO 14001 certifications, a crucial step in the Company’s ongoing implementation of ESG programs.

    Strategic Development Initiatives

    Sustainable, long-term growth remains OMS’ top priority. The Company’s R&D collaboration with Singapore’s Agency for Science, Technology and Research (A*STAR) and SIMTech reflects its commitment to environmental sustainability, covering life cycle analysis, energy efficiency monitoring and digital transformation and innovation. OMS is also actively exploring growth and revenue diversification through acquisitions, joint ventures and strategic alliances. By driving development both organically and externally, OMS is creating a more resilient and balanced portfolio, strengthening the backbone of its business.

    About OMS Energy Technologies Inc.

    OMS Energy Technologies Inc. (NASDAQ: OMSE) is a growth-oriented manufacturer of surface wellhead systems (SWS) and oil country tubular goods (OCTG) for the oil and gas industry. Serving both onshore and offshore exploration and production operators, OMS is a trusted single-source supplier across six vital jurisdictions in the Asia Pacific, Middle Eastern and North African (MENA) regions. The Company’s 11 strategically located manufacturing facilities in key markets ensure rapid response times, customized technical solutions and seamless adaptation to evolving production and logistics needs. Beyond its core SWS and OCTG offerings, OMS also provides premium threading services to maximize operational efficiency for its customers.

    For more information, please visit ir.omsos.com.

    Forward-Looking Statements

    The information in this press release includes forward-looking statements within the meaning of the federal securities laws. These statements generally relate to future events or our future financial or operating performance and include statements regarding the expected size, timing and results of the initial public offering. When used in this press release, words such as “expect,” “project,” “estimate,” “believe,” “anticipate,” “intend,” “budget,” “plan,” “seek,” “envision,” “forecast,” “target,” “predict,” “may,” “should,” “would,” “could,” and “will,” as well as the negative of these terms and similar expressions, are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words.

    Forward-looking statements are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, actual results could differ materially from those indicated in these forward-looking statements. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in OMS’s prospectus. OMS undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

    For investor and media inquiries, please contact:

    OMS Energy Technologies Inc.
    Investor Relations
    Email: ir@omsos.com

    Piacente Financial Communications
    Brandi Piacente
    Tel: +1-212-481-2050
    Email: oms@thepiacentegroup.com

    Hui Fan
    Tel: +86-10-6508-0677
    Email: oms@thepiacentegroup.com

    The MIL Network –

  • MIL-OSI: Bitcoin Solaris Enters Final Weeks of Presale with Mobile Mining, 100,000 TPS, and $20 Launch Price Ahead

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, June 16, 2025 (GLOBE NEWSWIRE) — The countdown has begun. Bitcoin Solaris (BTC-S), a next-generation blockchain project engineered for speed, fairness, and global accessibility, is now in Phase 8 of its presale, with just under seven weeks remaining before the final launch.

    Priced at $8 in the current round and set to debut at $20, the presale presents investors with a potential 150% return before the token even hits exchanges. Backed by more than 11,500 participants and over $4.5M already raised, Bitcoin Solaris is generating significant momentum as it prepares to deliver a more accessible and inclusive approach to blockchain participation.

    Bitcoin Solaris: Engineered for the Next Generation of Wealth

    Here’s what makes Bitcoin Solaris a standout:

    • Dual-Layer Architecture: Combines a SHA-256 Proof-of-Work base with a Delegated Proof-of-Stake Solaris Layer for scalability and decentralization.
    • Validator Rotation: 21 validators rotate every 24 hours to maintain fairness.
    • Up to 100,000 TPS: Transactions finalize in just 2 seconds.
    • Rust-based smart contracts: Powerful, secure, and ready for cross-chain execution.
    • Energy Efficient: Uses 99.95% less energy than Bitcoin.

    BTC-S is battle-tested. Audits by Cyberscope and Freshcoins confirm its security and performance benchmarks, giving investors added confidence.

    Mobile Mining: Your Device, Your Income

    Through the exciting release of the upcoming Solaris Nova App, anyone with a smartphone, laptop, or standard PC can mine BTC-S. It’s a true shift in how mining works:

    • Accessible from anywhere
    • Dynamic power scoring for fairness
    • No rigs, no barriers

    To estimate what your device could earn, check the official mining calculator. It’s the first time mining feels this democratic.

    The Blockchain Revolution Just Went Mobile Explore BTC-S Now

    Tokenomics That Actually Reward Participation

    Most projects claim fairness. Bitcoin Solaris backs it with a real structure. Its tokenomics reflect the same 21 million fixed-supply model as Bitcoin, but with smarter allocation:

    • 66.66% for mining over 90 years
    • 20% for presale
    • 5% for liquidity pools
    • 2% for ecosystem development
    • 2% for community rewards
    • 2% for staking rewards
    • 2% for marketing
    • 0.33% for the team and advisors

    This ensures most of the supply goes to users, not insiders, making it one of the most user-forward tokenomics models in the industry.

    Where It’s Going: Highlights from the Roadmap

    Unlike slow-to-ship competitors, Bitcoin Solaris has a locked roadmap focused on rapid progress:

    • Q3 2026: Full mainnet release with DPoS validators and mobile mining
    • Q4 2026: Integration of the Mining Power Marketplace
    • 2027+: Focus on quantum-resistant upgrades, layer-2 solutions, and institutional utility

    From governance to scalability, every step is built for global growth.

    Crypto Voices Are Getting Louder

    The hype isn’t isolated. Influencers are calling it early:

    • 2Bit Crypto broke down how Bitcoin Solaris overcomes Bitcoin’s limitations and makes mining fair again.
    • Ben Crypto praised BTC-S as one of the few projects that could scale while still preserving decentralization and value generation for holders.

    With voices like these behind it, BTC-S is gaining the traction early Bitcoin once had, only faster.

    The Presale That’s Turning Heads

    We’re now deep into Phase 7 of the presale:

    • Current price: $8
    • Next phase: $9
    • Launch price: $20
    • 233% return potential
    • Over 11,500 participants
    • More than $4.5M raised
    • Less than 7 weeks remaining

    This is being called one of the shortest and most explosive presales in recent memory. Bitcoin Solaris is proving that timing and tech are finally on the side of the everyday investor.

    Final Verdict: You Missed Bitcoin at $10 Don’t Miss This

    Bitcoin Solaris isn’t just the next project. It’s a second chance. With mobile mining, 100,000 TPS, and a fair launch model, it’s positioned to democratize wealth in a way Bitcoin never could.

    If you watched history unfold and wished you were there earlier, this is it. Don’t just invest. This time, participate.

    For more information on Bitcoin Solaris:
    Website: https://www.bitcoinsolaris.com/
     Telegram: https://t.me/Bitcoinsolaris
     X: https://x.com/BitcoinSolaris

    Media Contact:
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

    Disclaimer: This is a paid post and is provided by Bitcoin Solaris. 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/f6f110ba-d828-4392-8802-73e95666c4cc

    https://www.globenewswire.com/NewsRoom/AttachmentNg/5a80f8c2-b37b-4da3-878f-214cc0c653d4

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e51ce35b-34ba-419a-bc7a-f99015a2d1a0

    https://www.globenewswire.com/NewsRoom/AttachmentNg/19593feb-7698-4280-b3ef-116493e8993c

    The MIL Network –

  • MIL-OSI: Bitcoin Solaris Enters Final Weeks of Presale with Mobile Mining, 100,000 TPS, and $20 Launch Price Ahead

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, June 16, 2025 (GLOBE NEWSWIRE) — The countdown has begun. Bitcoin Solaris (BTC-S), a next-generation blockchain project engineered for speed, fairness, and global accessibility, is now in Phase 8 of its presale, with just under seven weeks remaining before the final launch.

    Priced at $8 in the current round and set to debut at $20, the presale presents investors with a potential 150% return before the token even hits exchanges. Backed by more than 11,500 participants and over $4.5M already raised, Bitcoin Solaris is generating significant momentum as it prepares to deliver a more accessible and inclusive approach to blockchain participation.

    Bitcoin Solaris: Engineered for the Next Generation of Wealth

    Here’s what makes Bitcoin Solaris a standout:

    • Dual-Layer Architecture: Combines a SHA-256 Proof-of-Work base with a Delegated Proof-of-Stake Solaris Layer for scalability and decentralization.
    • Validator Rotation: 21 validators rotate every 24 hours to maintain fairness.
    • Up to 100,000 TPS: Transactions finalize in just 2 seconds.
    • Rust-based smart contracts: Powerful, secure, and ready for cross-chain execution.
    • Energy Efficient: Uses 99.95% less energy than Bitcoin.

    BTC-S is battle-tested. Audits by Cyberscope and Freshcoins confirm its security and performance benchmarks, giving investors added confidence.

    Mobile Mining: Your Device, Your Income

    Through the exciting release of the upcoming Solaris Nova App, anyone with a smartphone, laptop, or standard PC can mine BTC-S. It’s a true shift in how mining works:

    • Accessible from anywhere
    • Dynamic power scoring for fairness
    • No rigs, no barriers

    To estimate what your device could earn, check the official mining calculator. It’s the first time mining feels this democratic.

    The Blockchain Revolution Just Went Mobile Explore BTC-S Now

    Tokenomics That Actually Reward Participation

    Most projects claim fairness. Bitcoin Solaris backs it with a real structure. Its tokenomics reflect the same 21 million fixed-supply model as Bitcoin, but with smarter allocation:

    • 66.66% for mining over 90 years
    • 20% for presale
    • 5% for liquidity pools
    • 2% for ecosystem development
    • 2% for community rewards
    • 2% for staking rewards
    • 2% for marketing
    • 0.33% for the team and advisors

    This ensures most of the supply goes to users, not insiders, making it one of the most user-forward tokenomics models in the industry.

    Where It’s Going: Highlights from the Roadmap

    Unlike slow-to-ship competitors, Bitcoin Solaris has a locked roadmap focused on rapid progress:

    • Q3 2026: Full mainnet release with DPoS validators and mobile mining
    • Q4 2026: Integration of the Mining Power Marketplace
    • 2027+: Focus on quantum-resistant upgrades, layer-2 solutions, and institutional utility

    From governance to scalability, every step is built for global growth.

    Crypto Voices Are Getting Louder

    The hype isn’t isolated. Influencers are calling it early:

    • 2Bit Crypto broke down how Bitcoin Solaris overcomes Bitcoin’s limitations and makes mining fair again.
    • Ben Crypto praised BTC-S as one of the few projects that could scale while still preserving decentralization and value generation for holders.

    With voices like these behind it, BTC-S is gaining the traction early Bitcoin once had, only faster.

    The Presale That’s Turning Heads

    We’re now deep into Phase 7 of the presale:

    • Current price: $8
    • Next phase: $9
    • Launch price: $20
    • 233% return potential
    • Over 11,500 participants
    • More than $4.5M raised
    • Less than 7 weeks remaining

    This is being called one of the shortest and most explosive presales in recent memory. Bitcoin Solaris is proving that timing and tech are finally on the side of the everyday investor.

    Final Verdict: You Missed Bitcoin at $10 Don’t Miss This

    Bitcoin Solaris isn’t just the next project. It’s a second chance. With mobile mining, 100,000 TPS, and a fair launch model, it’s positioned to democratize wealth in a way Bitcoin never could.

    If you watched history unfold and wished you were there earlier, this is it. Don’t just invest. This time, participate.

    For more information on Bitcoin Solaris:
    Website: https://www.bitcoinsolaris.com/
     Telegram: https://t.me/Bitcoinsolaris
     X: https://x.com/BitcoinSolaris

    Media Contact:
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

    Disclaimer: This is a paid post and is provided by Bitcoin Solaris. 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/f6f110ba-d828-4392-8802-73e95666c4cc

    https://www.globenewswire.com/NewsRoom/AttachmentNg/5a80f8c2-b37b-4da3-878f-214cc0c653d4

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e51ce35b-34ba-419a-bc7a-f99015a2d1a0

    https://www.globenewswire.com/NewsRoom/AttachmentNg/19593feb-7698-4280-b3ef-116493e8993c

    The MIL Network –

  • MIL-OSI: Enphase Energy Rolls Out IQ Battery 5P with FlexPhase, Delivering Three-Phase Backup Across More European Countries

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., June 16, 2025 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today announced the launch of its most powerful and versatile battery yet, the IQ® Battery 5P™ with FlexPhase, for customers in Spain, Portugal, France, Sweden, Denmark, Belgium, and the Netherlands. The IQ Battery 5P with FlexPhase is an all-in-one AC-coupled system that delivers reliable backup power and supports both single-phase and three-phase applications, providing unmatched flexibility to meet diverse home energy needs. Enphase also launched the IQ Battery 5P with FlexPhase in Poland, Luxembourg, Germany, Austria, and Switzerland earlier this year.

    The IQ Battery 5P with FlexPhase starts at 5 kWh of capacity and can be configured up to 70 kWh. Each 5 kWh battery delivers continuous power of up to 3.84 kW in single-phase configuration and 1.28 kW per phase in three-phase configuration. The new battery can be configured to meet the needs of each homeowner, offering grid-tied support or backup power. It is designed to discharge up to two times the maximum continuous power for three seconds, enabling the operation of high-power devices during a grid outage when paired with the IQ® System Controller 3 INT. The IQ Battery 5P with FlexPhase comes with an industry-leading 15-year warranty in Spain, Portugal, France, Sweden, Denmark, Belgium, and the Netherlands.

    “Following recent blackouts in Spain, the need for reliable home energy solutions has never been higher,” said Miguel Rico Benitez, CEO at HogarSolar, a Platinum level installer of Enphase products in Spain. “There’s a growing urgency for reliable home energy solutions – and the IQ Battery 5P with FlexPhase offers the performance and resilience households need now more than ever.”

    “The IQ Battery 5P with FlexPhase is a major step forward for energy storage in France,” said Thomas Poncet, owner of IdeeSys, an installer of Enphase products in France. “With powerful backup capabilities, scalable capacity, and long-term reliability, it’s exactly the kind of smart, future-ready technology our customers are looking for.”

    “Belgian homeowners are increasingly looking for smart, future-ready energy systems that can adapt to their unique needs,” said Kristof Lassaut, CEO of K.L. Green Energy, an installer of Enphase products in Belgium. “The IQ Battery 5P with FlexPhase delivers outstanding flexibility, whether it’s single-phase or three-phase, and brings the kind of long-term reliability our customers trust. And now, with the IQ System Controller available, homeowners can also get reliable backup power for added peace of mind.”

    “Adaptability is everything for Dutch homeowners when it comes to home energy, and the IQ Battery 5P with FlexPhase delivers just that,” said Paul Cortvriend, owner of Savo Solar Systemen, an installer of Enphase products in the Netherlands. “We love that the battery accommodates both single-phase and three-phase systems, letting us customize the perfect backup solution for each home. Enphase continues to lead the industry with innovations like this.”

    “The IQ Battery 5P with FlexPhase was engineered to meet the growing demand for resilient, scalable home energy solutions across Europe,” said Sabbas Daniel, senior vice president of sales at Enphase Energy. “We’re excited to continue expanding access to our most powerful battery yet – bringing reliable, high-performance storage to more homeowners and helping accelerate Europe’s transition to a cleaner, more resilient energy future.”

    For more information about the IQ Battery 5P with FlexPhase, please visit the Enphase website for Spain, Portugal, France, Sweden, Denmark, Belgium (French and Dutch), and the Netherlands.

    About Enphase Energy, Inc.

    Enphase Energy, a global energy technology company based in Fremont, CA, is the world’s leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power — and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped approximately 81.5 million microinverters, and approximately 4.8 million Enphase-based systems have been deployed in over 160 countries. For more information, visit https://investor.enphase.com.

    ©2025 Enphase Energy, Inc. All rights reserved. Enphase Energy, Enphase, the “e” logo, IQ, IQ8, and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks or service marks of Enphase Energy, Inc. Other names are for informational purposes and may be trademarks of their respective owners.

    Forward-Looking Statements

    This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy’s technology and products, including safety, quality, and reliability. These forward-looking statements are based on Enphase Energy’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties including those risks described in more detail in Enphase Energy’s most recently filed Quarterly Report on Form 10-Q, Annual Report on Form 10-K, and other documents filed by Enphase Energy from time to time with the SEC. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.

    Contact:

    Enphase Energy

    press@enphaseenergy.com

    This press release was published by a CLEAR® Verified individual.

    The MIL Network –

  • MIL-OSI: Enphase Energy Rolls Out IQ Battery 5P with FlexPhase, Delivering Three-Phase Backup Across More European Countries

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., June 16, 2025 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today announced the launch of its most powerful and versatile battery yet, the IQ® Battery 5P™ with FlexPhase, for customers in Spain, Portugal, France, Sweden, Denmark, Belgium, and the Netherlands. The IQ Battery 5P with FlexPhase is an all-in-one AC-coupled system that delivers reliable backup power and supports both single-phase and three-phase applications, providing unmatched flexibility to meet diverse home energy needs. Enphase also launched the IQ Battery 5P with FlexPhase in Poland, Luxembourg, Germany, Austria, and Switzerland earlier this year.

    The IQ Battery 5P with FlexPhase starts at 5 kWh of capacity and can be configured up to 70 kWh. Each 5 kWh battery delivers continuous power of up to 3.84 kW in single-phase configuration and 1.28 kW per phase in three-phase configuration. The new battery can be configured to meet the needs of each homeowner, offering grid-tied support or backup power. It is designed to discharge up to two times the maximum continuous power for three seconds, enabling the operation of high-power devices during a grid outage when paired with the IQ® System Controller 3 INT. The IQ Battery 5P with FlexPhase comes with an industry-leading 15-year warranty in Spain, Portugal, France, Sweden, Denmark, Belgium, and the Netherlands.

    “Following recent blackouts in Spain, the need for reliable home energy solutions has never been higher,” said Miguel Rico Benitez, CEO at HogarSolar, a Platinum level installer of Enphase products in Spain. “There’s a growing urgency for reliable home energy solutions – and the IQ Battery 5P with FlexPhase offers the performance and resilience households need now more than ever.”

    “The IQ Battery 5P with FlexPhase is a major step forward for energy storage in France,” said Thomas Poncet, owner of IdeeSys, an installer of Enphase products in France. “With powerful backup capabilities, scalable capacity, and long-term reliability, it’s exactly the kind of smart, future-ready technology our customers are looking for.”

    “Belgian homeowners are increasingly looking for smart, future-ready energy systems that can adapt to their unique needs,” said Kristof Lassaut, CEO of K.L. Green Energy, an installer of Enphase products in Belgium. “The IQ Battery 5P with FlexPhase delivers outstanding flexibility, whether it’s single-phase or three-phase, and brings the kind of long-term reliability our customers trust. And now, with the IQ System Controller available, homeowners can also get reliable backup power for added peace of mind.”

    “Adaptability is everything for Dutch homeowners when it comes to home energy, and the IQ Battery 5P with FlexPhase delivers just that,” said Paul Cortvriend, owner of Savo Solar Systemen, an installer of Enphase products in the Netherlands. “We love that the battery accommodates both single-phase and three-phase systems, letting us customize the perfect backup solution for each home. Enphase continues to lead the industry with innovations like this.”

    “The IQ Battery 5P with FlexPhase was engineered to meet the growing demand for resilient, scalable home energy solutions across Europe,” said Sabbas Daniel, senior vice president of sales at Enphase Energy. “We’re excited to continue expanding access to our most powerful battery yet – bringing reliable, high-performance storage to more homeowners and helping accelerate Europe’s transition to a cleaner, more resilient energy future.”

    For more information about the IQ Battery 5P with FlexPhase, please visit the Enphase website for Spain, Portugal, France, Sweden, Denmark, Belgium (French and Dutch), and the Netherlands.

    About Enphase Energy, Inc.

    Enphase Energy, a global energy technology company based in Fremont, CA, is the world’s leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power — and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped approximately 81.5 million microinverters, and approximately 4.8 million Enphase-based systems have been deployed in over 160 countries. For more information, visit https://investor.enphase.com.

    ©2025 Enphase Energy, Inc. All rights reserved. Enphase Energy, Enphase, the “e” logo, IQ, IQ8, and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks or service marks of Enphase Energy, Inc. Other names are for informational purposes and may be trademarks of their respective owners.

    Forward-Looking Statements

    This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy’s technology and products, including safety, quality, and reliability. These forward-looking statements are based on Enphase Energy’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties including those risks described in more detail in Enphase Energy’s most recently filed Quarterly Report on Form 10-Q, Annual Report on Form 10-K, and other documents filed by Enphase Energy from time to time with the SEC. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.

    Contact:

    Enphase Energy

    press@enphaseenergy.com

    This press release was published by a CLEAR® Verified individual.

    The MIL Network –

  • MIL-OSI: Slide Raises $25M Series A led by Base10 Partners to Accelerate Market Growth, Expands to Canada

    Source: GlobeNewswire (MIL-OSI)

    NORWALK, Conn., June 16, 2025 (GLOBE NEWSWIRE) — Slide, the next-generation BCDR (Business Continuity and Disaster Recovery) platform purpose-built for MSPs, today announced it has raised $25 million in Series A funding. The round was led by Base10 Partners, with participation from Outsiders Fund and Top Down Ventures—investors with a strong track record and deep operational expertise in the MSP ecosystem. Slide was founded by Austin McChord (Datto Founder & former CEO) and Michael Fass (former Datto General Counsel & Chief People Officer).

    This investment follows Slide’s successful U.S. launch in February and is further validated by the rapid expansion of its partner network. The funding will be used to scale Slide’s platform development and operations to meet the surging demand for its modern BCDR solution. As part of its expansion strategy, Slide is also announcing its imminent launch into Canada, including its new Canadian Data Center, effective immediately.

    “MSPs know that in today’s daunting cybersecurity landscape, BCDR is the last and best line of defense for data protection. We built Slide because MSPs deserve not only a modern, faster, more secure BCDR to replace their current, outdated solutions, but also a service culture that‘s engrained into our DNA,” said Michael Fass, Co-Founder and CEO of Slide. “Our partnership with Base10, Outsiders Fund, and Top Down Ventures will accelerate our long-term investments in our modern BCDR products and infrastructure, our outstanding staff, and to expand internationally. We’re committed to delivering a snappy, powerful, secure and reliable BCDR product and a world-class support experience MSPs deserve.”

    Slide’s mission is grounded in the belief that, more than ever, MSPs need to be the cybersecurity partner for small and midsized businesses. To support that mission, MSPs need a BCDR platform that combines hybrid cloud, high-performance server workload protection, and an open ecosystem that integrates with the tools they already rely on. Slide delivers all of that with world-class, all NVME hardware, no contracts that unnecessarily lock MSPs into long-term commitments, and a team that acts like a true partner.

    “Slide is reimagining a legacy space with deep empathy for MSPs and a relentless commitment to product excellence,” said Rexhi Dollaku, General Partner at Base10. “Their combination of technical strength, partner-first culture, and fast-growing traction makes them a standout in a space long overdue for innovation. We couldn’t be more excited to support Slide on this journey.”

    With this Series A investment, Slide will further accelerate R&D and expand its backup product portfolio to meet the evolving needs of today’s hybrid environments. The company’s open architecture already enables seamless integrations with leading MSP automation platforms like Backup Radar and Rewst, creating an ecosystem where tools work better together.

    “Getting the chance to build for MSPs again is so energizing! Datto’s story did not end how we predicted and it feels good to bring innovation back to the channel,” said Austin McChord, Co-Founder and Chairman of Slide. “The incredible team at Slide understands the magic needed to help MSPs be successful. The road ahead is long, this funding gives us the resources to stay independent and keep building for MSPs.”

    Slide was built to bring back the magic for MSPs: combining state-of-the-art infrastructure, hardware optimized for today’s workloads, and a service model that puts MSPs first.

    “Slide is exactly what the BCDR space needs at this time — modern, fast, and built for how MSPs operate today,” said Michael Sirota, CEO of Rational Business Solutions. “We were especially impressed by how quickly the team addressed the Canadian MSP community demand, setting up a local data center in record time to meet data residency requirements. We’re actively working with Slide for all new clients and looking to move existing clients to the Slide platform over the coming months. We are excited to partner with a vendor that understands and supports MSPs.”

    The Slide Z1 appliance is available in capacities ranging from 1TB to 16TB. The Slide R1 rackmount appliance is configurable up to 60TB. The Slide B1 rackmount appliance is available with up to 150TB of capacity.

    About Slide
    Slide is a modern, security-first Business Continuity & Disaster Recovery (BCDR) company built exclusively for Managed Service Providers (MSPs). Founded by Austin McChord (Datto Founder & former CEO) and Michael Fass (former Datto General Counsel & Chief People Officer), Slide is led by a team of industry veterans with deep expertise in backup, disaster recovery, and cybersecurity. Built from scratch with a clean-room codebase and free from legacy technical debt, Slide delivers a high-performance, easy-to-use platform designed for the future of MSPs. The company combines security, speed, simplicity, and support—without outdated pricing models or restrictive contracts. Based in Norwalk, Connecticut, Slide is backed by Base10 Partners, Outsiders Fund, and Top Down Ventures. For more information, visit slide.tech or follow Slide on LinkedIn. 

    About Base10 Partners

    Founded by Adeyemi Ajao and TJ Nahigian, Base10 is a San Francisco-based venture capital fund investing in founders who believe purpose is key to profits and companies that are automating sectors of the Real Economy, including transportation, retail, logistics, and construction. Through its program, The Advancement Initiative, Base10 aims to donate 50% of profits to underfunded colleges and universities to support financial aid and other key initiatives. Portfolio companies include Notion, Figma, Nubank, Stripe, Motive, Chili Piper, and Popmenu. Connect via base10.vc.

    Media Contact:
    Carlson Choi, Slide
    media@slide.tech

    The MIL Network –

  • MIL-OSI: Monarch Private Capital Releases 2024 Impact Report: “Touchpoints”

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, June 16, 2025 (GLOBE NEWSWIRE) — Monarch Private Capital (Monarch), a nationally recognized impact investment firm that develops, finances, and manages a diversified portfolio of projects generating both federal and state tax credits, is proud to announce the release of its 2024 Impact Report called Touchpoints. The report captures a year of remarkable growth, with more than $3.4 billion in total economic impact, 1.7 GW of clean energy capacity added, and over 2,400 new affordable homes created. These outcomes reflect Monarch’s deepening commitment to sustainability and community development.

    In this year’s edition of Touchpoints, Monarch documents how impact-driven capital continues to serve as a catalyst for positive change. Through powerful tools like adder credits, transferable tax strategies, and investment in tax equity projects, the firm is aligning innovative financial structures with community transformation. With over $14 billion in assets under management, Monarch has become a go-to partner for forward-thinking investors and developers committed to creating measurable, lasting outcomes.

    Key Milestones & Highlights

    • $3.4B in economic impact in 2024
    • 1.7 GW of new clean energy financed
    • 2,400+ affordable housing units created
    • 18 historic rehabilitation projects
    • 35K+ jobs

    “Our 2024 impact report reflects more than numbers… it reflects our progress, purpose, and the power of our investments,” said Melanie Frontczak, Managing Director of Sustainability & Tax Credit Investments at Monarch Private Capital. “We’re proud of what we’ve built and even more excited about what lies ahead.”

    Explore the 2024 Impact Report here: Touchpoints.

    For more information about Monarch Private Capital, visit www.monarchprivate.com.

    About Monarch Private Capital

    Monarch Private Capital manages impact investment funds that positively impact communities by creating clean power, jobs, and homes. The funds provide predictable returns through the generation of federal and state tax credits. The Company offers innovative tax credit equity investments for affordable housing, historic rehabilitations, renewable energy, film, and other qualified projects. Monarch Private Capital has long-term relationships with institutional and individual investors, developers, and lenders participating in these federal and state programs. Headquartered in Atlanta, Monarch has offices and professionals located throughout the United States.

    CONTACT
    Jane Rafeedie
    Monarch Private Capital
    Jrafeedie@monarchprivate.com
    470-283-8431

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ffc11ba6-8b47-4970-82d4-b2cf8eed61db

    The MIL Network –

  • MIL-OSI: Monarch Private Capital Releases 2024 Impact Report: “Touchpoints”

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, June 16, 2025 (GLOBE NEWSWIRE) — Monarch Private Capital (Monarch), a nationally recognized impact investment firm that develops, finances, and manages a diversified portfolio of projects generating both federal and state tax credits, is proud to announce the release of its 2024 Impact Report called Touchpoints. The report captures a year of remarkable growth, with more than $3.4 billion in total economic impact, 1.7 GW of clean energy capacity added, and over 2,400 new affordable homes created. These outcomes reflect Monarch’s deepening commitment to sustainability and community development.

    In this year’s edition of Touchpoints, Monarch documents how impact-driven capital continues to serve as a catalyst for positive change. Through powerful tools like adder credits, transferable tax strategies, and investment in tax equity projects, the firm is aligning innovative financial structures with community transformation. With over $14 billion in assets under management, Monarch has become a go-to partner for forward-thinking investors and developers committed to creating measurable, lasting outcomes.

    Key Milestones & Highlights

    • $3.4B in economic impact in 2024
    • 1.7 GW of new clean energy financed
    • 2,400+ affordable housing units created
    • 18 historic rehabilitation projects
    • 35K+ jobs

    “Our 2024 impact report reflects more than numbers… it reflects our progress, purpose, and the power of our investments,” said Melanie Frontczak, Managing Director of Sustainability & Tax Credit Investments at Monarch Private Capital. “We’re proud of what we’ve built and even more excited about what lies ahead.”

    Explore the 2024 Impact Report here: Touchpoints.

    For more information about Monarch Private Capital, visit www.monarchprivate.com.

    About Monarch Private Capital

    Monarch Private Capital manages impact investment funds that positively impact communities by creating clean power, jobs, and homes. The funds provide predictable returns through the generation of federal and state tax credits. The Company offers innovative tax credit equity investments for affordable housing, historic rehabilitations, renewable energy, film, and other qualified projects. Monarch Private Capital has long-term relationships with institutional and individual investors, developers, and lenders participating in these federal and state programs. Headquartered in Atlanta, Monarch has offices and professionals located throughout the United States.

    CONTACT
    Jane Rafeedie
    Monarch Private Capital
    Jrafeedie@monarchprivate.com
    470-283-8431

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ffc11ba6-8b47-4970-82d4-b2cf8eed61db

    The MIL Network –

  • MIL-OSI: SUNation Energy Retains Nasdaq Listing

    Source: GlobeNewswire (MIL-OSI)

    RONKONKOMA, N.Y., June 16, 2025 (GLOBE NEWSWIRE) — SUNation Energy, Inc. (Nasdaq: SUNE) (“the Company”), a leading provider of sustainable solar energy and backup power solutions for households, businesses, and municipalities, today announced that, by a decision dated June 10, 2025, the Nasdaq Hearings Panel (the “Panel”) made a finding that the Company is not in violation of Nasdaq Listing Rules 5100 and 5550(a)(2), the “Public Interest Concern” and “Bid Price Rule”, respectively, which were the bases of the non-compliance and delisting notices previously provided to and disclosed by the Company.

    Accordingly, the Company is deemed to be in full compliance with the applicable Nasdaq Listing Rules, and the Panel granted the Company’s request for continued listing on The Nasdaq Stock Market LLC (“Nasdaq”) and is closing this matter.

    “We appreciate Nasdaq’s thoughtful and considered view of this matter and are very pleased to maintain our listing on Nasdaq,” said Scott Maskin, Chief Executive Officer. “We remain confident in the strength of our business, the scope of opportunities ahead of us, and our outlook for 2025.”

    About SUNation Energy, Inc.

    SUNation Energy, Inc. is focused on growing leading local and regional solar, storage, and energy services companies nationwide. Our vision is to power the energy transition through grass-roots growth of solar electricity paired with battery storage. Our portfolio of brands (SUNation, Hawaii Energy Connection, E-Gear) provide homeowners and businesses of all sizes with an end-to-end product offering spanning solar, battery storage, and grid services. SUNation Energy, Inc.’s largest markets include New York, Florida, and Hawaii, and the company operates in three (3) states.

    Forward Looking Statements 

    Our prospects here at SUNation Energy Inc. are subject to uncertainties and risks. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. The Company intends that such forward-looking statements be subject to the safe harbor provided by the foregoing Sections. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this presentation. The Company cannot predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. The reader should consider statements that include the words “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “projects”, “should”, or other expressions that are predictions of or indicate future events or trends, to be uncertain and forward-looking. We caution readers not to place undue reliance upon any such forward-looking statements. The Company does not undertake to publicly update or revise forward-looking statements, whether because of new information, future events or otherwise. Additional information respecting factors that could materially affect the Company and its operations are contained in the Company’s filings with the SEC which can be found on the SEC’s website at www.sec.gov.

    Contacts:
    Scott Maskin
    Chief Executive Officer
    (631) 350-9340
    IR@sunation.com

    The MIL Network –

  • MIL-OSI: SUNation Energy Retains Nasdaq Listing

    Source: GlobeNewswire (MIL-OSI)

    RONKONKOMA, N.Y., June 16, 2025 (GLOBE NEWSWIRE) — SUNation Energy, Inc. (Nasdaq: SUNE) (“the Company”), a leading provider of sustainable solar energy and backup power solutions for households, businesses, and municipalities, today announced that, by a decision dated June 10, 2025, the Nasdaq Hearings Panel (the “Panel”) made a finding that the Company is not in violation of Nasdaq Listing Rules 5100 and 5550(a)(2), the “Public Interest Concern” and “Bid Price Rule”, respectively, which were the bases of the non-compliance and delisting notices previously provided to and disclosed by the Company.

    Accordingly, the Company is deemed to be in full compliance with the applicable Nasdaq Listing Rules, and the Panel granted the Company’s request for continued listing on The Nasdaq Stock Market LLC (“Nasdaq”) and is closing this matter.

    “We appreciate Nasdaq’s thoughtful and considered view of this matter and are very pleased to maintain our listing on Nasdaq,” said Scott Maskin, Chief Executive Officer. “We remain confident in the strength of our business, the scope of opportunities ahead of us, and our outlook for 2025.”

    About SUNation Energy, Inc.

    SUNation Energy, Inc. is focused on growing leading local and regional solar, storage, and energy services companies nationwide. Our vision is to power the energy transition through grass-roots growth of solar electricity paired with battery storage. Our portfolio of brands (SUNation, Hawaii Energy Connection, E-Gear) provide homeowners and businesses of all sizes with an end-to-end product offering spanning solar, battery storage, and grid services. SUNation Energy, Inc.’s largest markets include New York, Florida, and Hawaii, and the company operates in three (3) states.

    Forward Looking Statements 

    Our prospects here at SUNation Energy Inc. are subject to uncertainties and risks. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. The Company intends that such forward-looking statements be subject to the safe harbor provided by the foregoing Sections. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this presentation. The Company cannot predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. The reader should consider statements that include the words “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “projects”, “should”, or other expressions that are predictions of or indicate future events or trends, to be uncertain and forward-looking. We caution readers not to place undue reliance upon any such forward-looking statements. The Company does not undertake to publicly update or revise forward-looking statements, whether because of new information, future events or otherwise. Additional information respecting factors that could materially affect the Company and its operations are contained in the Company’s filings with the SEC which can be found on the SEC’s website at www.sec.gov.

    Contacts:
    Scott Maskin
    Chief Executive Officer
    (631) 350-9340
    IR@sunation.com

    The MIL Network –

  • MIL-OSI: Oxbridge / SurancePlus Announces Partnership with Midnight Foundation to Launch Privacy-Enabled Tokenized Reinsurance Offering on the Midnight Network

    Source: GlobeNewswire (MIL-OSI)

    GRAND CAYMAN, Cayman Islands, June 16, 2025 (GLOBE NEWSWIRE) — Oxbridge Re Holdings Limited (Nasdaq: OXBR) (“Oxbridge Re”), together with its subsidiary SurancePlus, is engaged in the tokenization of Real-World Assets (“RWAs”), initially with tokenized reinsurance securities and in providing reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States.

    Today, the company has announced a strategic partnership with the Midnight Foundation, the organization supporting ecosystem growth and enterprise adoption for the Midnight network – a privacy-focused blockchain built by Shielded Technologies, a subsidiary of Input Output Global (IOG), the firm behind Cardano.

    Midnight is a data protection blockchain pioneering the use of zero-knowledge (ZK) proofs to enable programmable privacy. It empowers organizations to selectively disclose sensitive data while remaining compliant with regulatory frameworks—unlocking a new wave of real-world blockchain applications.

    As part of this partnership, Midnight Foundation has empowered SurancePlus to bring tokenized reinsurance securities and its growing network of institutional investors to the Midnight blockchain, positioning SurancePlus at the forefront of next-generation high-yield, confidential RWAs.

    SurancePlus will integrate Midnight as one of its partnered blockchain networks to deliver privacy-first RWA tokenization tailored to regulated institutions and qualified investors. The partnership represents a major evolution in blockchain-based reinsurance finance by combining audit-grade transparency with programmable privacy to enable secure, scalable capital flows.

    Jay Madhu, CEO of Oxbridge, stated: “This partnership with Midnight represents a forward leap in how privacy, compliance, and real-world assets can intersect. This joint offering will combine the strong regulatory foundation of a Nasdaq-listed company with the transactional privacy many investors are seeking.”

    Fahmi Syed, President of Midnight Foundation added: “We are excited to welcome SurancePlus to the Midnight ecosystem. Their leadership and vision in tokenized reinsurance aligns perfectly with Midnight’s mission to enable private, compliant, real-world applications of blockchain technology. Together, we are enabling the future of confidential financial instruments.”

    Why This Collaboration Matters

    This partnership marks a significant step forward for both the tokenized RWA and privacy infrastructure spaces. It demonstrates how institutional-grade financial products can be brought on-chain in a way that balances transparency with confidentiality, creating a new standard for compliant decentralized finance.

    • Key Pillars of the Collaboration Include Shared Commitment to Rational Privacy: Both SurancePlus and Midnight are aligned in enabling institutional access to high-yield digital assets while embedding privacy and compliance into the foundation of their technology. Midnight’s zero-knowledge architecture allows data to be validated without being revealed – enabling secure audits, confidential transaction handling, and private investor onboarding.
    • Engineered by Leaders in Blockchain Infrastructure: Developed by Shielded Technologies and founded by Input | Output, the creators of Cardano, Midnight is designed to meet the needs of enterprises, regulators, and developers seeking privacy without sacrificing usability or interoperability.
    • Built for Selective Disclosure and Multi-Chain Reach: Midnight supports programmable privacy, shielded metadata, and cross-chain functionality—making it possible to tokenize and trade real-world assets with discretion and control.

    This partnership advances SurancePlus’ strategy to offer fully collateralized, high-yield digital reinsurance securities to qualified U.S. and international investors, with enhanced privacy capabilities. By integrating with Midnight’s zero-knowledge architecture, SurancePlus is positioned to meet regulatory and institutional reporting requirements while incorporating features that promote transactional confidentiality.

    Disclaimer: This press release does not constitute an offer to sell nor a solicitation of an offer to buy the EtaCat Re or ZetaCat Re tokenized reinsurance securities (the “Securities”). The Securities are not required to be, and have not been, registered under the United States Securities Act of 1933, as amended, in reliance on the exemptions provided by Regulation S and SEC Rule 506(c) thereunder. Offers and sales of the Securities are made only by, and pursuant to, the terms set forth in the Confidential Private Placement Memorandum relating to the Securities. The offering of the Securities is not being made to persons in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky, or other laws of such jurisdiction.

    About Oxbridge Re Holdings Limited

    Oxbridge Re Holdings Limited (NASDAQ: OXBR, OXBRW) (“Oxbridge”) is headquartered in the Cayman Islands. The company offers tokenized Real-World Assets (“RWAs”) as tokenized reinsurance securities and reinsurance business solutions to property and casualty insurers, through its wholly owned subsidiaries SurancePlus Inc., Oxbridge Re NS, and Oxbridge Reinsurance Limited.

    Insurance businesses in the Gulf Coast region of the United States purchase property and casualty reinsurance through our licensed reinsurers Oxbridge Reinsurance Limited and Oxbridge Re NS.

    Our Web3-focused subsidiary, SurancePlus Inc. (“SurancePlus”), has developed the first “on chain” reinsurance RWA of its kind to be sponsored by a subsidiary of a publicly traded company. By digitizing interests in reinsurance contracts as on-chain RWAs, SurancePlus has democratized the availability of reinsurance as an alternative investment to both U.S. and non U.S. investors.

    Company Contact:
    Oxbridge Re Holdings Limited
    Jay Madhu, CEO
    +1 345-749-7570
    jmadhu@oxbridgere.com

    About Midnight

    The Midnight Foundation is an organization dedicated to advancing the development, adoption, and real-world impact of the Midnight network, the privacy enhancing blockchain project developed by Shielded Technologies. Designed for confidential smart contracts, Midnight enables censorship-resistant yet compliant decentralized applications. It leverages zero-knowledge proofs and a cooperative tokenomics architecture – with NIGHT as the utility-token and DUST as the shielded transaction resource – to deliver a powerful combination of privacy, security, and decentralization.

    For more information, visit: https://midnight.foundation

    Forward-Looking Statements

    This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “estimate,” “expect,” “intend,” “plan,” “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. A detailed discussion of risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements is included in the section entitled “Risk Factors” contained in our Form 10-K filed with the Securities and Exchange Commission (“SEC”) on 26th March 2024 and in our other filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the Company’s business, financial condition and results of operations. Any forward-looking statements made in this press release speak only as of the date of this press release and, except as required by law, the Company undertakes no obligation to update any forward looking statement contained in this press release, even if the Company’s expectations or any related events, conditions or circumstances change.

    Attachment

    The MIL Network –

  • MIL-OSI: SKYCORP SOLAR GROUP SHOWCASES ADVANCED PV Cable and CONNECTION SOLUTIONS AT SNEC 2025

    Source: GlobeNewswire (MIL-OSI)

    Ningbo, China, June 16, 2025 (GLOBE NEWSWIRE) — Skycorp Solar Group Limited (the “Company”) (NASDAQ: PN), a solar PV product provider engaged in the manufacture and sale of solar cables and solar connectors, highlighted its latest innovations at the 18th SNEC International Photovoltaic Power Generation and Smart Energy Conference & Exhibition. From June 11-13, 2025, its subsidiary, Ningbo Pntech New Energy Co., Ltd. (“PNTECH”), introduced advanced photovoltaic connection solutions, drawing substantial industry attention and reinforcing its position in renewable energy cable development.

    Commitment to Technological Advancement

    As an Asian new energy cable comoany listed in the U.S., Skycorp Solar Group has consistently invested in research and development, with over RMB100 million ($14 million) dedicated to innovation over the past 14 years. This focus has led to 47 patented technologies, including proprietary XLPE modified polymer insulation materials designed for enhanced durability in extreme temperatures (-40°C to +90°C). The Company also utilizes 99.97% pure tin-plated oxygen-free copper conductors, supporting long-term performance exceeding 25 years in demanding applications.

    “Our MC4 series connectors integrate a dual-seal design, minimizing contact resistance by 20% compared to conventional models while achieving an IP68 protection rating,” said Weiqi Huang, CEO of Skycorp Solar Group. “Additionally, our specialized connectors for the energy storage sector incorporate phosphorus-nitrogen flame-retardant technology that meets UL94 V-0 standards, providing a reliable solution for photovoltaic and energy storage applications.”

    Proven Solutions for Global Energy Projects

    Skycorp Solar Group’s technologies have been deployed in multiple international projects. The Company provides key components for Germany’s 15MW distributed photovoltaic system (utilizing TÜV-certified cables), Australia’s 120MW solar-plus-storage project (compliant with AS/NZS 5033:2024 standards), and Poland’s 48MW agrivoltaic installation, demonstrating compliance with global industry standards (featuring patented anti-UV technology).

    In China, PNTECH supplies cables and connectors for local government projects, where its patented “6-in-1” technology supports a photovoltaic curtain wall system producing 300,000 kWh annually. Longstanding collaborations with industry leaders further reflect the Company’s strong market presence.

    Production Capabilities and Industry Certifications

    Operating across more than 140 countries and regions, Skycorp Solar Group continues to advance its manufacturing capacity. Since 2022, the Company has expanded to six photovoltaic cable production lines and eight connector manufacturing lines, supported by a newly established 16,000-square-meter smart factory. Annual supply capacity for photovoltaic projects has reached 9.3GW, with cable shipments exceeding 100 million meters.

    “Our product lineup, showcased at SNEC booth 7.2H-C120, demonstrates exceptional performance and reliability,” said Jimmy Sheng, Global Sales Director of PNTECH. “All solutions adhere to international standards, which are compliant with certifications including TÜV, IEC, CE, and CQC.”

    Future Outlook and Investment Value

    “The global shift toward renewable energy is accelerating, with interconnection systems playing a vital role in efficiency and safety,” said CEO Huang. “At Skycorp, we integrate materials science and electrical engineering to enhance photovoltaic connection standards and support this transition.”

    “Skycorp plans to allocate over 8% of annual revenue to R&D, advancing from traditional connections to intelligent solutions. With 47 patents, a growing international footprint (30%+ overseas orders), a robust 9.3GW annual supply capacity, and strong industry collaborations, the Company remains focused on delivering long-term value in the evolving energy landscape,” he said.

    About Skycorp Solar Group Limited

    Skycorp Solar Group Limited is a solar photovoltaic (PV) product provider focused on manufacturing and selling solar cables and connectors. Our operations are managed through our subsidiaries, including Ningbo Skycorp Solar Co., Ltd., in China.

    The Company’s mission is to become a green energy solutions provider by utilizing solar power and delivering eco-friendly solar PV products. By leveraging the Company’s expertise in solar technologies and relationships with worldwide clients, it aims to expand offerings of solar PV products and energy solutions for enterprise customers. For more information, please visit: https://ir.skycorp.com/.

    Forward-Looking Statement

    This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

    For more information, please contact:
    Skycorp Solar Group Limited
    Cathy
    Investor Relations
    Email: ir@skycorp.com
    Tel: +86 185 0252 9641 (CN)

    WFS Investor Relations Inc.
    Connie Kang
    Partner
    Email: ckang@wealthfsllc.com
    Tel: +86 1381 185 7742 (CN)

    The MIL Network –

  • MIL-OSI: DAO Fund Launches Strategic Support for SAX-iCore AI System, Second Round of Live Trading Tests Set to Begin Next Week

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, June 16, 2025 (GLOBE NEWSWIRE) — In a bold move to accelerate the future of intelligent trading, the DAO Fund has officially announced injection to support the second round of live trading tests for the SAX-iCore system, developed by SkyCrest Capital. This initiative will provide real capital to selected participants, enabling a larger-scale verification of AI-driven structure-based trading strategies in real market conditions.

    This is not just a trial — it is a direct engagement with the next generation of market behavior modeling and precision execution.

    Key Highlights of the Program:

    – Launch Date: Expected next Monday

    – Eligibility: SkyCrest Capital trainees and algorithmic strategy participants

    – Capital Support: $400 test capital per participant, funded by DAO

    – Profit Model: Participants keep all profits; losses are covered by the fund

    In other words: zero risk, real execution, and full access to AI-powered decision-making in a live trading environment.

    Why DAO Fund Supports SAX-iCore

    In its statement, the DAO Fund made its reasoning clear:

    “We are not just funding a system — we are supporting a new philosophy of trading. SAX-iCore has demonstrated that emotional decisions can be replaced with structural logic, and that volatility can become a source of systematic, repeatable gains.”

    SAX-iCore operates at the intersection of behavioral modeling, market structure recognition, and real-time execution. Its core strength lies in identifying high-probability patterns, executing without hesitation, and learning from every market cycle — all without relying on news sentiment or prediction.

    From the Founder: Ethan Carter, PhD

    “Most traders don’t lose because they lack knowledge — they lose because they follow emotions, not systems. SAX-iCore is not a black box. It is a transparent, evolving intelligence that learns from real behavior. This test is not about showcasing past results — it’s about training an AI that can think with the market.”

    The test aims to simulate the unpredictability of real capital flow, enabling SAX-iCore to refine its internal model and become a long-term asset partner for disciplined investors.

    How to Join the Test

    Registration is now open. Participants must submit the following:

    – Full Name

    – Email Address

    – Phone Number

    – Preferred Trading Time Window

    Once approved, the $400 test capital will be issued directly to each participant’s account.

    About DAO Fund

    The DAO Fund is a decentralized investment collective composed of leading blockchain-native institutions and fintech innovators. With a focus on transparency, structure, and behavioral analytics, the fund supports projects that redefine how capital interacts with data and decision-making. This partnership with SkyCrest Capital signals the DAO’s first major move into AI-driven market infrastructure.

    This isn’t a simulation. It’s your chance to step into the future of finance — and be part of building it.

    SkyCrest Capital & DAO Fund

    Media Contact

    Company Name: SkyCrest Capital

    Website: https://www.skyskinla.com/

    Contact: Audrey Sinclair

    Email: service@skyskinla.com

    Company Name: DAO Fund

    Website: https://daohaus.club

    Contact: Tom Hartwin

    Email: support@daohaus.club

    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: PMGC Holdings Inc. Signs Letter of Intent to Acquire Profitable U.S.-Based AS9100D & ISO 9001:2015 Certified CNC Machine Shop Serving Aerospace, Defense, and Industrial Markets for over 35 years

    Source: GlobeNewswire (MIL-OSI)

    • Acquisition Target Specializes in Precision Milling, Turning, Mold Manufacturing, and Specialty Metals Expertise Serving Aerospace, Defense, and Industrial Markets
    • This is PMGC’s third pending acquisition since April of 2025, demonstrating that its M&A strategy is well underway, with additional deals expected this year.
    • PMGC Sees Significant Opportunity in Acquiring Additional US based CNC and Precision Manufacturing Companies Serving Aerospace, Industrial, and Defense Markets.

    NEWPORT BEACH, Calif., June 16, 2025 (GLOBE NEWSWIRE) — PMGC Holdings Inc. (Nasdaq: ELAB) (the “Company,” “PMGC,” “we,” or “us”), a diversified public holding company, is pleased to announce the signing of a non-binding Letter of Intent (“LOI”) to acquire a California-based, cash-flow positive computer numerical control (“CNC”) machining company with over 35 years of operational history.

    About the Target Company

    The Target company (“Target”) is an established CNC machining business specializing in precision milling and turning, mold manufacturing, and working with exotic metals such as titanium and Inconel. The company holds AS9100D and ISO 9001:2015 certifications—two of the most widely used international quality standards in manufacturing—commonly required by major aerospace and defense contractors and leading industrial manufacturers.

    Target serves customers across the aerospace, defense, space, commercial, and industrial sectors. Despite having no formal sales team or marketing budget, Target has developed long-standing customer relationships through repeat business and referrals, which the Company believes reflects Target’s reputation for quality and trust.

    Target generated approximately $1.4 million in revenue and $215,000 in adjusted EBITDA in 2024.

    Strategic Rationale

    PMGC believes the potential acquisition of Target fits squarely within PMGC’s strategy of acquiring U.S.-based, cash-flow-positive manufacturing businesses with strong fundamentals and growth potential. The Target stands out to the Company for its high-quality and longstanding customer base, advanced technical capabilities, and consistent demand across critical industries. PMGC also believes in the strategic benefit this potential acquisition may provide, given its view that recent geopolitical dynamics and supply chain vulnerabilities may accelerate a national effort to rebuilding American manufacturing capabilities. Federal legislation—including the CHIPS and Science Act and the Inflation Reduction Act—is investing funds in to promote onshoring, innovation, and industrial independence. The Company believes that manufacturers with AS9100D and ISO 9001:2015 certifications, such as the Target are well-positioned to benefit, as these credentials are often mandatory for work with Department of Defense programs, NASA contracts, and major aerospace original equipment manufacturers. The Company believes that demand for qualified U.S.-based suppliers is rising as defense and industrial clients prioritize secure, high-quality, domestic partners.

    “This acquisition reflects our continued commitment to acquiring specialized, resilient businesses that operate at the highest standards,” said Graydon Bensler, Chief Executive Officer of PMGC Holdings Inc. “With its reliable certifications, niche capabilities in specialty metals, and trusted relationships across critical industries, this company adds both operational depth and strategic relevance to our portfolio.”

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

    About PMGC Holdings Inc.

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

    Forward-Looking Statements

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

    IR Contact:

    IR@pmgcholdings.com

    The MIL Network –

  • MIL-OSI: PMGC Holdings Inc. Signs Letter of Intent to Acquire Profitable U.S.-Based AS9100D & ISO 9001:2015 Certified CNC Machine Shop Serving Aerospace, Defense, and Industrial Markets for over 35 years

    Source: GlobeNewswire (MIL-OSI)

    • Acquisition Target Specializes in Precision Milling, Turning, Mold Manufacturing, and Specialty Metals Expertise Serving Aerospace, Defense, and Industrial Markets
    • This is PMGC’s third pending acquisition since April of 2025, demonstrating that its M&A strategy is well underway, with additional deals expected this year.
    • PMGC Sees Significant Opportunity in Acquiring Additional US based CNC and Precision Manufacturing Companies Serving Aerospace, Industrial, and Defense Markets.

    NEWPORT BEACH, Calif., June 16, 2025 (GLOBE NEWSWIRE) — PMGC Holdings Inc. (Nasdaq: ELAB) (the “Company,” “PMGC,” “we,” or “us”), a diversified public holding company, is pleased to announce the signing of a non-binding Letter of Intent (“LOI”) to acquire a California-based, cash-flow positive computer numerical control (“CNC”) machining company with over 35 years of operational history.

    About the Target Company

    The Target company (“Target”) is an established CNC machining business specializing in precision milling and turning, mold manufacturing, and working with exotic metals such as titanium and Inconel. The company holds AS9100D and ISO 9001:2015 certifications—two of the most widely used international quality standards in manufacturing—commonly required by major aerospace and defense contractors and leading industrial manufacturers.

    Target serves customers across the aerospace, defense, space, commercial, and industrial sectors. Despite having no formal sales team or marketing budget, Target has developed long-standing customer relationships through repeat business and referrals, which the Company believes reflects Target’s reputation for quality and trust.

    Target generated approximately $1.4 million in revenue and $215,000 in adjusted EBITDA in 2024.

    Strategic Rationale

    PMGC believes the potential acquisition of Target fits squarely within PMGC’s strategy of acquiring U.S.-based, cash-flow-positive manufacturing businesses with strong fundamentals and growth potential. The Target stands out to the Company for its high-quality and longstanding customer base, advanced technical capabilities, and consistent demand across critical industries. PMGC also believes in the strategic benefit this potential acquisition may provide, given its view that recent geopolitical dynamics and supply chain vulnerabilities may accelerate a national effort to rebuilding American manufacturing capabilities. Federal legislation—including the CHIPS and Science Act and the Inflation Reduction Act—is investing funds in to promote onshoring, innovation, and industrial independence. The Company believes that manufacturers with AS9100D and ISO 9001:2015 certifications, such as the Target are well-positioned to benefit, as these credentials are often mandatory for work with Department of Defense programs, NASA contracts, and major aerospace original equipment manufacturers. The Company believes that demand for qualified U.S.-based suppliers is rising as defense and industrial clients prioritize secure, high-quality, domestic partners.

    “This acquisition reflects our continued commitment to acquiring specialized, resilient businesses that operate at the highest standards,” said Graydon Bensler, Chief Executive Officer of PMGC Holdings Inc. “With its reliable certifications, niche capabilities in specialty metals, and trusted relationships across critical industries, this company adds both operational depth and strategic relevance to our portfolio.”

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

    About PMGC Holdings Inc.

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

    Forward-Looking Statements

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

    IR Contact:

    IR@pmgcholdings.com

    The MIL Network –

  • MIL-OSI: 4Site Acquired by Volaris Group

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 16, 2025 (GLOBE NEWSWIRE) — Volaris Group today announced the acquisition of 4Site, a provider of an integrated EAM (Enterprise Asset Management) suite for asset-intensive businesses. 4Site delivers solutions across several industries, including mining, pulp & paper, and energy. The company will join AssetWorks Appraisal – Asset Management.

    “The acquisition of 4Site marks a significant milestone in the continued growth of AssetWorks’ Asset Management Division. 4Site’s proven EAM platform, trusted by leaders in mining, power generation, and pulp and paper, adds powerful capabilities in maintenance, supply chain, and financial performance management. We are especially excited to welcome the talented 4Site team to AssetWorks. Their deep industry knowledge, technical expertise, and longstanding customer relationships can enrich our organization and accelerate our ability to deliver best-in-class solutions,” said Ellena Howze, General Manager/CEO of the AssetWorks Appraisal – Asset Management Business Unit of Volaris Group.

    Founded in 1976, 4Site began focusing significantly on providing EAM software to the mining industry in 2001. 4Site’s solutions extend the scope of CMMS (Computerized Maintenance Management Systems) beyond maintenance to include purchasing, inventory, accounting, and financial management in a streamlined information flow. The Company’s EAM platform helps plant managers make better decisions faster and maintain equipment and facilities at peak performance. The company is located in Thunder Bay, Ontario, Canada.

    “The acquisition of 4Site Limited by Volaris Group marks the beginning of an exciting new chapter—one defined by growth, innovation, and long-term stability for 4Site’s world-class software solutions and loyal customer base,” said John Hawkins, VP Operations at 4Site. “With the added strength and synergy of the AssetWorks team and its comprehensive portfolio of products, 4Site customers—present and future—can unlock the full potential of Enterprise Asset Management. The 4Site team is energized and looks forward to collaborating closely with AssetWorks to deliver even greater value and success to our customers.”

    4Site joins the AssetWorks Appraisal – Asset Management Business Unit, led by Ellena Howze, part of the Mike Borello Group in Volaris Group’s Smith Portfolio. The previous owner, Rohit Diesh, will continue as a consultant focused on expanding the company’s presence within the mining industry.

    About Volaris Group

    Volaris acquires, strengthens, and grows vertical market technology companies. As an Operating Group of Constellation Software Inc., Volaris strengthens businesses within the markets they compete, enabling them to grow – whether that growth comes through organic measures such as new initiatives and product development, day-to-day business, or through complementary acquisitions. Learn more at www.volarisgroup.com

    For more information:

    Ryan Hill
    Volaris Group
    Tel: +1 416-831-0305
    ryans.hill@volarisgroup.com

    The MIL Network –

  • MIL-OSI: Natural Gas Services Group, Inc. Announces Transition of Stephen C. Taylor to Chairman Emeritus and Appointment of Donald J. Tringali as Chairman of the Board

    Source: GlobeNewswire (MIL-OSI)

    Midland, Texas, June 16, 2025 (GLOBE NEWSWIRE) — Natural Gas Services Group, Inc. (NYSE: NGS), a leading provider of natural gas compression equipment, technology, and services to the energy industry, today announced that Stephen C. Taylor has transitioned from Chairman of the Board to the role of Chairman Emeritus, effective immediately. Concurrently, the Company’s Board of Directors has appointed Donald J. Tringali as Chairman. Mr. Taylor continues his role as a director on the Company’s Board.

    This transition marks a significant milestone for Natural Gas Services Group. Mr. Taylor has played an integral role in shaping the Company’s direction, growth, and culture over the past two decades. Since his appointment as Chief Executive Officer in 2005, he has overseen the transformation of NGS into a national compression platform, expanding its fleet, footprint, and capabilities across major U.S. oil and gas basins, in addition to leading the Company into the large horsepower market. In the fiscal year prior to his appointment as CEO, NGS reported $7.8 million in EBITDA. By the time of his retirement as CEO in 2024, EBITDA had increased nearly sixfold to $45.8 million, reflecting a significant expansion of NGS’s customer base, equipment portfolio, and field service infrastructure. This performance was achieved while maintaining a strong balance sheet and an enduring focus on shareholder value.

    Following his service as CEO, Mr. Taylor remained Chairman of the Board, where he continued to provide sound guidance and institutional knowledge during a period of transition. His dedication to the Company, its people, and its mission has been unwavering, and he leaves the Chairman role with NGS well-positioned for continued success as evidenced by NGS’s industry leading organic growth.

    “On behalf of the entire organization and the Board, I want to express our deepest gratitude to Steve for his extraordinary leadership and service,” said Justin Jacobs, Chief Executive Officer of NGS. “The strength of our Company today is a direct result of his vision and discipline over many years. During my own transition into the CEO role, Steve provided invaluable support that helped ensure continuity and confidence among all stakeholders. He is a trusted advisor and a model of steady, principled leadership. We are fortunate that he will continue to serve as a director and remain one of our largest shareholders.”

    Mr. Taylor reflected, “It has been a great privilege to serve Natural Gas Services Group over the past 20 years. I am proud of the progress we have made—from a small, regional provider to a trusted leader in natural gas compression. That progress is a credit to the people of NGS, whose integrity, technical excellence, and commitment to service have always defined our success. I want to thank our customers, employees, partners, and shareholders for their support. With a strong executive team, a clear strategy, and a culture rooted in operational excellence, I believe NGS is poised for continued great achievement. I look forward to continue supporting the Company in this next chapter.”

    Mr. Tringali, who has served on the NGS Board as an independent director, assumes the role of Chairman with a strong understanding of the Company’s business and strategic priorities. He brings significant experience in corporate governance and has been a valuable contributor to the Board’s oversight and direction.

    “It is an honor to step into the role of Chairman,” said Mr. Tringali. “Steve’s leadership has been foundational to the success and reputation of Natural Gas Services Group. He has overseen an era of meaningful expansion and has fostered a culture of professionalism and long-term thinking that will endure. I look forward to working closely with Justin, the Board, and the management team as we continue to advance the Company’s strategy and deliver value to shareholders. Steve’s continued involvement on the Board will be an important asset as we move forward.”

    About Natural Gas Services Group, Inc.
    Natural Gas Services Group is a leading provider of natural gas compression equipment, technology and services to the energy industry. The Company designs, rents, sells and maintains natural gas compressors for oil and natural gas production and plant facilities, primarily using equipment from third-party fabricators and OEM suppliers along with limited in-house assembly. The Company is headquartered in Midland, Texas, with a fabrication facility located in Tulsa, Oklahoma, and service facilities located in major oil and natural gas producing basins in the U.S. Additional information can be found at www.ngsgi.com.

    For Additional Information:
    Anna Delgado – Investor Relations
    (432) 262-2700
    ir@ngsgi.com
    www.ngsgi.com

    The MIL Network –

  • MIL-OSI: RYVYL Executes Strategic Actions Enhancing Its Business Plan and Files S-1 Registration Statement

    Source: GlobeNewswire (MIL-OSI)

    – Unveils Plans to Initiate Digital Asset Acquisition Strategy –

    – Enters LOI to Acquire Complementary Entity –

    – Realigns Corporate and North America Operations –

    SAN DIEGO, CA, June 16, 2025 (GLOBE NEWSWIRE) — RYVYL Inc. (NASDAQ: RVYL) (“RYVYL” or the “Company”), a leading innovator of payment transaction solutions leveraging electronic payment technology, has submitted a registration statement on Form S-1 with the Securities and Exchange Commission. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Additionally, management is executing strategic actions and enhancing its business plan:

    • RYVYL is
      • Focusing on growing its North America revenues, including pursuing a legacy vertical market, which at its peak, in the fourth quarter of 2023, delivered revenue of $12 million;
      • Expanding its blockchain applications and crypto capabilities; and
      • Rightsizing the company as detailed below.
    • The company has entered into a letter of intent (LOI) to acquire an entity with technology and digital assets that are complementary.
    • RYVYL has closed the sale of RYVYL EU, its wholly owned European subsidiary, and the transaction is complete. The company has withdrawn its previous guidance for 2025.

    Cost Savings Initiatives and Organizational Realignment

    In addition, on May 31, 2025, RYVYL realigned its corporate and North America operations and implemented a reduction in force of 18 employees, representing approximately 40% of its North America workforce. Savings from this action along with other reductions are expected to result in savings of approximately $780,000 per quarter. Plans to reduce outside engineering contractors during the second quarter of 2025 are expected to result in savings of approximately $265,000 per quarter. The Company expects the full impact of these savings to begin in the third quarter of 2025.

    Additional Terms

    The offering is expected to commence after the SEC completes its review process, subject to market and other conditions. A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.

    There are no assurances that the Company will close the acquisition or that the Enhanced Business Plan would result in a significant benefit to the Company. In addition, the Acquisition and Enhanced Business Plan would be dependent upon the Company raising a minimum of $100 million, which would require shareholder approval of (i) the Acquisition, (ii) a potential increase in the authorized amount of common stock of the Company, and (iii) a potential reverse split of the common stock of the Company.

    This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, and there shall not be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    About RYVYL

    RYVYL Inc. (NASDAQ: RVYL) was born from a passion for empowering a new way to conduct business-to-business, consumer-to-business, and peer-to-peer payment transactions around the globe. By leveraging electronic payment technology for diverse international markets, RYVYL is a leading innovator of payment transaction solutions reinventing the future of financial transactions. Since its founding as GreenBox POS in 2017 in San Diego, RYVYL has developed applications enabling an end-to-end suite of turnkey financial products with enhanced security and data privacy, world-class identity theft protection, and rapid speed to settlement. As a result, the platform can log immense volumes of immutable transactional records at the speed of the internet for first-tier partners, merchants, and consumers around the globe. www.ryvyl.com

    Cautionary Note Regarding Forward-Looking Statements

    This press release includes information that constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on the Company’s current beliefs, assumptions and expectations regarding future events, which in turn are based on information currently available to the Company. Such forward-looking statements include statements that are characterized by future or conditional words such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate” and “continue” or similar words. You should read statements that contain these words carefully because they discuss future expectations and plans, which contain projections of future results of operations or financial condition or state other forward-looking information.

    By their nature, forward-looking statements address matters that are subject to risks and uncertainties. A variety of factors could cause actual events and results to differ materially from those expressed in or contemplated by the forward-looking statements. Risk factors affecting the Company are discussed in detail in the Company’s filings with the SEC. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by applicable laws.

    IR Contact:
    David Barnard, Alliance Advisors Investor Relations, 415-433-3777, ryvylinvestor@allianceadvisors.com

    The MIL Network –

  • MIL-OSI: RYVYL Executes Strategic Actions Enhancing Its Business Plan and Files S-1 Registration Statement

    Source: GlobeNewswire (MIL-OSI)

    – Unveils Plans to Initiate Digital Asset Acquisition Strategy –

    – Enters LOI to Acquire Complementary Entity –

    – Realigns Corporate and North America Operations –

    SAN DIEGO, CA, June 16, 2025 (GLOBE NEWSWIRE) — RYVYL Inc. (NASDAQ: RVYL) (“RYVYL” or the “Company”), a leading innovator of payment transaction solutions leveraging electronic payment technology, has submitted a registration statement on Form S-1 with the Securities and Exchange Commission. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Additionally, management is executing strategic actions and enhancing its business plan:

    • RYVYL is
      • Focusing on growing its North America revenues, including pursuing a legacy vertical market, which at its peak, in the fourth quarter of 2023, delivered revenue of $12 million;
      • Expanding its blockchain applications and crypto capabilities; and
      • Rightsizing the company as detailed below.
    • The company has entered into a letter of intent (LOI) to acquire an entity with technology and digital assets that are complementary.
    • RYVYL has closed the sale of RYVYL EU, its wholly owned European subsidiary, and the transaction is complete. The company has withdrawn its previous guidance for 2025.

    Cost Savings Initiatives and Organizational Realignment

    In addition, on May 31, 2025, RYVYL realigned its corporate and North America operations and implemented a reduction in force of 18 employees, representing approximately 40% of its North America workforce. Savings from this action along with other reductions are expected to result in savings of approximately $780,000 per quarter. Plans to reduce outside engineering contractors during the second quarter of 2025 are expected to result in savings of approximately $265,000 per quarter. The Company expects the full impact of these savings to begin in the third quarter of 2025.

    Additional Terms

    The offering is expected to commence after the SEC completes its review process, subject to market and other conditions. A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.

    There are no assurances that the Company will close the acquisition or that the Enhanced Business Plan would result in a significant benefit to the Company. In addition, the Acquisition and Enhanced Business Plan would be dependent upon the Company raising a minimum of $100 million, which would require shareholder approval of (i) the Acquisition, (ii) a potential increase in the authorized amount of common stock of the Company, and (iii) a potential reverse split of the common stock of the Company.

    This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, and there shall not be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    About RYVYL

    RYVYL Inc. (NASDAQ: RVYL) was born from a passion for empowering a new way to conduct business-to-business, consumer-to-business, and peer-to-peer payment transactions around the globe. By leveraging electronic payment technology for diverse international markets, RYVYL is a leading innovator of payment transaction solutions reinventing the future of financial transactions. Since its founding as GreenBox POS in 2017 in San Diego, RYVYL has developed applications enabling an end-to-end suite of turnkey financial products with enhanced security and data privacy, world-class identity theft protection, and rapid speed to settlement. As a result, the platform can log immense volumes of immutable transactional records at the speed of the internet for first-tier partners, merchants, and consumers around the globe. www.ryvyl.com

    Cautionary Note Regarding Forward-Looking Statements

    This press release includes information that constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on the Company’s current beliefs, assumptions and expectations regarding future events, which in turn are based on information currently available to the Company. Such forward-looking statements include statements that are characterized by future or conditional words such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate” and “continue” or similar words. You should read statements that contain these words carefully because they discuss future expectations and plans, which contain projections of future results of operations or financial condition or state other forward-looking information.

    By their nature, forward-looking statements address matters that are subject to risks and uncertainties. A variety of factors could cause actual events and results to differ materially from those expressed in or contemplated by the forward-looking statements. Risk factors affecting the Company are discussed in detail in the Company’s filings with the SEC. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by applicable laws.

    IR Contact:
    David Barnard, Alliance Advisors Investor Relations, 415-433-3777, ryvylinvestor@allianceadvisors.com

    The MIL Network –

  • MIL-OSI: Mavenir Signs Debt Recapitalization Transaction to Drive Continued Growth

    Source: GlobeNewswire (MIL-OSI)

    Transaction to strengthen Mavenir’s balance sheet and support its strategic focus on its profitable Mobile Core segment

    Mavenir to refocus Open RAN investments on 4G and 5G software, will accelerate investment in AI

    Siris to be controlling shareholder with support from key existing Mavenir lenders

    RICHARDSON, Texas, June 16, 2025 (GLOBE NEWSWIRE) — Mavenir, the cloud-native network infrastructure provider building the future of networks, and its existing investor Siris, a leading private equity firm focused on investing and driving value creation in technology companies, today announced that they have signed a comprehensive recapitalization with Mavenir’s lenders.

    This transaction will meaningfully strengthen Mavenir’s balance sheet by eliminating over $1.3 billion of existing indebtedness and securing $300 million of new senior financing, in addition to a smaller subordinated facility provided by Siris and participating lenders. With increased liquidity, a more stable capital structure and substantially reduced net leverage, Mavenir will be well-positioned for sustained growth and long-term success.

    The scale and structure of this financial transformation reflect the confidence and ongoing commitment of Siris and the lenders. With this enhanced financial foundation, Mavenir will be well-positioned to build on its industry-leading position in the Mobile Core development space. Siris will maintain its controlling ownership position in Mavenir and remain an active partner as Mavenir advances its vision of a cloud-native, AI-enabled network.

    “We have been spearheading cloud transformation in Core and Open RAN. With a strengthened balance sheet and lower leverage, we are doubling down on our software expertise and domain knowledge to deliver a comprehensive, end-to-end, AI-native telco stack, setting Mavenir up for profitable growth in both Core and Open RAN. We are excited to leverage our Mobile Core leadership to accelerate software-driven network transformations for our customers around the world,” said Pardeep Kohli, President and CEO of Mavenir.

    “This is a pivotal moment for our company,” said Hubert de Pesquidoux, Mavenir Executive Chair and Siris Executive Partner. “By strengthening our capital structure, we will be better positioned to execute our strategy, invest in innovation, and deliver on our commitments. We are deeply grateful to all our stakeholders – our customers, partners, investors, and especially our employees – for their unwavering support and confidence throughout this process.”

    “Mavenir has been a powerful innovator throughout its existence, and we are proud to continue our long-standing partnership with them as they continue building upon their leading position in the software industry,” said Frank Baker, Co-Founder and Managing Partner of Siris. “We look forward to supporting Mavenir during this next chapter of innovation and growth.”

    The transaction is expected to close in approximately four to six weeks.

    A Refined Investment Strategy

    As part of these broader efforts to position itself for growth, Mavenir will double down on its profitable Core segment, a suite of software applications focused on voice, messaging, video, and data services, while refining its Open RAN investments to prioritize software in 4G and 5G deployments. Mavenir will also maintain its Open RAN hardware IP and continue to support its existing customers to ensure maximum flexibility in the evolving Open RAN landscape. This strategic decision will ensure Mavenir is best positioned to deliver even more innovative products and programs to its global customer base while remaining at the forefront of the Open RAN ecosystem.

    Mavenir will also accelerate investment in AI capabilities across its Mobile Core and Open RAN businesses to drive autonomous networks, deliver AI-native solutions, and unlock new revenue streams through AI-based solutions. This strategic focus aligns with Mavenir’s vision of building the future of networks with cloud-native solutions that run on any cloud.

    About Mavenir
    Mavenir is building the future of networks today with cloud-native, AI-enabled solutions which are green by design, empowering operators to realize the benefits of 5G and achieve intelligent, automated, programmable networks. As the pioneer of Open RAN and a proven industry disruptor, Mavenir’s award-winning solutions are delivering automation and monetization across mobile networks globally, accelerating software network transformation for 300+ Communications Service Providers in over 120 countries, which serve more than 50% of the world’s subscribers. For more information, please visit www.mavenir.com

    About Siris
    Siris is a leading private equity firm that targets control investments in North American, middle-market technology and technology-enabled services companies. Siris leverages its network of exclusive Executive Partners to identify, validate, and deliver on the operational and strategic objectives of its investments. Siris is based in New York and West Palm Beach and has invested ~$9 billion since inception as of December 31, 2024. www.siris.com

    Contacts

    For Mavenir:

    Emmanuela Spiteri
    PR@mavenir.com

    For Siris:

    Dana Gorman
    dana.gorman@h-advisors.global

    The MIL Network –

  • MIL-OSI: iBio Initiates Non-Human Primate Study of First-in-Class Activin E Antibody Following Positive Preclinical Data Demonstrating Prevention in Weight Regain After GLP-1 Treatment

    Source: GlobeNewswire (MIL-OSI)

    iBio nominates IBIO-610 as development candidate for its first-in-class Activin E antibody

    New study aims to evaluate the half-life of IBIO-610 in obese, elderly non-human primates (NHP) and assess early signs of efficacy on fat reduction and body composition

    Mouse study shows IBIO-610 alone drives an overall body weight loss of 8.9%*, and prevents weight regain following GLP-1 treatment in obese mice, results of which will be presented at ADA on Monday June 23rd

    SAN DIEGO, June 16, 2025 (GLOBE NEWSWIRE) — iBio, Inc. (Nasdaq: IBIO), an AI-driven innovator of precision antibody therapies, today announced the initiation of a NHP study for its Activin E engineered antibody candidate, now named IBIO-610. This preclinical study will evaluate the pharmacokinetics and early signs of efficacy of IBIO-610 in obese and elderly NHPs, including its impact on fat and body composition.

    The study initiation follows a successful scale-up in production and encouraging preclinical results demonstrating a 26% reduction in fat, and synergistic effects with GLP-1 therapy in diet-induced obese (DIO) mice, where the fat-selective weight loss increased to 77%. Initial data from the NHP study are expected by early Q4.

    The NHP study launch follows additional positive preclinical data to be presented at the American Diabetes Association’s (ADA) 85th Scientific Sessions, taking place June 20-23 in Chicago. This poster presentation expands on recent in vivo findings, which also demonstrated a significant 31% reduction in subcutaneous fat and increased to 74% reduction in subcutaneous fat when IBIO-610 was combined with a GLP-1 receptor agonist. The new data show IBIO-610 can not only enhance GLP-1-driven overall weight loss but also prevent weight-regain in DIO mice after GLP-1 therapy discontinuation. This is especially important, as the post-treatment period is typically marked by rapid weight rebound in humans1.

    “The promising preclinical data we’ve generated for this novel approach in the field of obesity are highly encouraging, especially regarding its ability to drive fat-selective weight loss and support long-term weight maintenance,” said Martin Brenner, DVM, Ph.D., Chief Executive Officer and Chief Scientific Officer of iBio. “With this non-human primate study underway and a key scientific presentation at ADA ahead, we are accelerating the path toward clinical development. IBIO-610 exemplifies our commitment to advancing novel, AI-guided antibody therapeutics for serious cardiometabolic conditions like obesity.”

    *non-responder outliers removed

    Details of the Poster Presentation at the ADA 85th Scientific Sessions:

    Poster Number: 1701-P

    Abstract Title: Activin E-Blocking Antibody for Treatment of Metabolic Diseases

    Date & Time: Monday, June 23, from 12:30 p.m. to 1:30 p.m. CST

    Location: Poster Hall (Hall F1)

    References

    1. Wilding, J. P. H. et al. Weight regain and cardiometabolic effects after withdrawal of semaglutide: The STEP 1 trial extension. Diabetes, Obesity and Metabolism 24, 1553–1564 (2022).

    About iBio, Inc.

    iBio (Nasdaq: IBIO) is a cutting-edge biotech company leveraging AI and advanced computational biology to develop next-generation biopharmaceuticals for cardiometabolic diseases, obesity, cancer and other hard-to-treat diseases. By combining proprietary 3D modeling with innovative drug discovery platforms, iBio is creating a pipeline of breakthrough antibody treatments to address significant unmet medical needs. Our mission is to transform drug discovery, accelerate development timelines, and unlock new possibilities in precision medicine.  For more information, visit www.ibioinc.com or follow us on LinkedIn.

    Forward-Looking Statements

    Any statements contained in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements.” These statements include statements regarding the preclinical study evaluating the pharmacokinetics and early signs of efficacy of IBIO-610 in obese and elderly NHPs, including its impact on fat and body composition, receiving initial data from the NHP study by early Q4, presenting additional positive preclinical data at the American Diabetes Association’s 85th Scientific Sessions on June 20-23 in Chicago, the ability of IBIO-610 to drive fat-selective weight loss and support long-term weight maintenance, accelerating the path toward clinical development and advancing novel, AI-guided antibody therapeutics for serious cardiometabolic conditions like obesity. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the ability of IBIO-610 to drive fat-selective weight loss and support long-term weight maintenance; iBio’s ability to complete the preclinical study of IBIO-610 on time and achieve desired results and benefits as expected; iBio’s ability to obtain regulatory approvals for commercialization of its product candidates, or to comply with ongoing regulatory requirements; regulatory limitations relating to iBio’s ability to promote or commercialize its product candidates for specific indications; acceptance of iBio’s product candidates in the marketplace and the successful development, marketing or sale of products; and whether iBio will incur unforeseen expenses or liabilities or other market factors; and the other factors discussed in iBio’s filings with the SEC including its Annual Report on Form 10-K for the year ended June 30, 2024 and its subsequent filings with the SEC on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and iBio undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

    Corporate Contact: 
    iBio, Inc. 
    Investor Relations 
    ir@ibioinc.com

    Media Contacts: 
    Ignacio Guerrero-Ros, Ph.D., or David Schull 
    Russo Partners, LLC 
    Ignacio.guerrero-ros@russopartnersllc.com 
    David.schull@russopartnersllc.com 
    (858) 717-2310 or (646) 942-5604

    The MIL Network –

  • MIL-OSI: iBio Initiates Non-Human Primate Study of First-in-Class Activin E Antibody Following Positive Preclinical Data Demonstrating Prevention in Weight Regain After GLP-1 Treatment

    Source: GlobeNewswire (MIL-OSI)

    iBio nominates IBIO-610 as development candidate for its first-in-class Activin E antibody

    New study aims to evaluate the half-life of IBIO-610 in obese, elderly non-human primates (NHP) and assess early signs of efficacy on fat reduction and body composition

    Mouse study shows IBIO-610 alone drives an overall body weight loss of 8.9%*, and prevents weight regain following GLP-1 treatment in obese mice, results of which will be presented at ADA on Monday June 23rd

    SAN DIEGO, June 16, 2025 (GLOBE NEWSWIRE) — iBio, Inc. (Nasdaq: IBIO), an AI-driven innovator of precision antibody therapies, today announced the initiation of a NHP study for its Activin E engineered antibody candidate, now named IBIO-610. This preclinical study will evaluate the pharmacokinetics and early signs of efficacy of IBIO-610 in obese and elderly NHPs, including its impact on fat and body composition.

    The study initiation follows a successful scale-up in production and encouraging preclinical results demonstrating a 26% reduction in fat, and synergistic effects with GLP-1 therapy in diet-induced obese (DIO) mice, where the fat-selective weight loss increased to 77%. Initial data from the NHP study are expected by early Q4.

    The NHP study launch follows additional positive preclinical data to be presented at the American Diabetes Association’s (ADA) 85th Scientific Sessions, taking place June 20-23 in Chicago. This poster presentation expands on recent in vivo findings, which also demonstrated a significant 31% reduction in subcutaneous fat and increased to 74% reduction in subcutaneous fat when IBIO-610 was combined with a GLP-1 receptor agonist. The new data show IBIO-610 can not only enhance GLP-1-driven overall weight loss but also prevent weight-regain in DIO mice after GLP-1 therapy discontinuation. This is especially important, as the post-treatment period is typically marked by rapid weight rebound in humans1.

    “The promising preclinical data we’ve generated for this novel approach in the field of obesity are highly encouraging, especially regarding its ability to drive fat-selective weight loss and support long-term weight maintenance,” said Martin Brenner, DVM, Ph.D., Chief Executive Officer and Chief Scientific Officer of iBio. “With this non-human primate study underway and a key scientific presentation at ADA ahead, we are accelerating the path toward clinical development. IBIO-610 exemplifies our commitment to advancing novel, AI-guided antibody therapeutics for serious cardiometabolic conditions like obesity.”

    *non-responder outliers removed

    Details of the Poster Presentation at the ADA 85th Scientific Sessions:

    Poster Number: 1701-P

    Abstract Title: Activin E-Blocking Antibody for Treatment of Metabolic Diseases

    Date & Time: Monday, June 23, from 12:30 p.m. to 1:30 p.m. CST

    Location: Poster Hall (Hall F1)

    References

    1. Wilding, J. P. H. et al. Weight regain and cardiometabolic effects after withdrawal of semaglutide: The STEP 1 trial extension. Diabetes, Obesity and Metabolism 24, 1553–1564 (2022).

    About iBio, Inc.

    iBio (Nasdaq: IBIO) is a cutting-edge biotech company leveraging AI and advanced computational biology to develop next-generation biopharmaceuticals for cardiometabolic diseases, obesity, cancer and other hard-to-treat diseases. By combining proprietary 3D modeling with innovative drug discovery platforms, iBio is creating a pipeline of breakthrough antibody treatments to address significant unmet medical needs. Our mission is to transform drug discovery, accelerate development timelines, and unlock new possibilities in precision medicine.  For more information, visit www.ibioinc.com or follow us on LinkedIn.

    Forward-Looking Statements

    Any statements contained in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements.” These statements include statements regarding the preclinical study evaluating the pharmacokinetics and early signs of efficacy of IBIO-610 in obese and elderly NHPs, including its impact on fat and body composition, receiving initial data from the NHP study by early Q4, presenting additional positive preclinical data at the American Diabetes Association’s 85th Scientific Sessions on June 20-23 in Chicago, the ability of IBIO-610 to drive fat-selective weight loss and support long-term weight maintenance, accelerating the path toward clinical development and advancing novel, AI-guided antibody therapeutics for serious cardiometabolic conditions like obesity. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the ability of IBIO-610 to drive fat-selective weight loss and support long-term weight maintenance; iBio’s ability to complete the preclinical study of IBIO-610 on time and achieve desired results and benefits as expected; iBio’s ability to obtain regulatory approvals for commercialization of its product candidates, or to comply with ongoing regulatory requirements; regulatory limitations relating to iBio’s ability to promote or commercialize its product candidates for specific indications; acceptance of iBio’s product candidates in the marketplace and the successful development, marketing or sale of products; and whether iBio will incur unforeseen expenses or liabilities or other market factors; and the other factors discussed in iBio’s filings with the SEC including its Annual Report on Form 10-K for the year ended June 30, 2024 and its subsequent filings with the SEC on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and iBio undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

    Corporate Contact: 
    iBio, Inc. 
    Investor Relations 
    ir@ibioinc.com

    Media Contacts: 
    Ignacio Guerrero-Ros, Ph.D., or David Schull 
    Russo Partners, LLC 
    Ignacio.guerrero-ros@russopartnersllc.com 
    David.schull@russopartnersllc.com 
    (858) 717-2310 or (646) 942-5604

    The MIL Network –

  • MIL-OSI: Nokia announces changes to Group Leadership Team

    Source: GlobeNewswire (MIL-OSI)

    Nokia Corporation
    Stock Exchange Release
    16 June 2025 at 14:00 EEST

    Nokia announces changes to Group Leadership Team

    • Federico Guillén to retire from Nokia on 31 December 2025. He will step down as President of the Network Infrastructure (NI) business group and as a member of the Group Leadership Team on 30 June 2025.
    • As part of a managed transition, David Heard, NI Chief Strategic Growth Officer, and former CEO of Infinera, is promoted to President of Network Infrastructure and joins the Group Leadership Team, effective 1 July 2025.
    • Victoria Hanrahan will join the Group Leadership Team as Chief of Staff to Nokia’s President and CEO, effective immediately.

    Espoo, Finland – Nokia today announced changes to its Group Leadership Team. Federico Guillén will retire from Nokia on 31 December 2025. He will step down from his role as President of Nokia’s Network Infrastructure business group and from the Group Leadership Team on 30 June 2025.

    As part of a managed transition, David Heard, currently NI Chief Strategic Growth Officer, and former CEO of Infinera, has been promoted to President of Network Infrastructure and will join the Group Leadership Team, effective 1 July 2025. David will report to Nokia’s President and CEO, Justin Hotard, and be based in Dallas. Federico and David will work together to ensure a seamless transition.

    Heard joined Nokia with the acquisition of Infinera in February 2025. He was previously CEO of Infinera and, prior to that held the role of Infinera’s Chief Operating Officer, responsible for leading the innovation of new solutions and the overall operational excellence of the company. Before joining Infinera, Heard held senior positions across various technology companies in the U.S. including JDSU, BigBand Networks, Somera Communications, Lucent and AT&T gaining comprehensive experience of the telecoms industry and demonstrating a strong growth mindset and a commitment to innovation leadership.

    “I want to thank Federico for his exceptional leadership and contribution to Nokia. As the first President of Network Infrastructure, he has been instrumental in building a high-performing and profitable business with a strong customer focus, helping to position the business for long-term growth. His leadership during major portfolio changes, including the divestment of the Submarine Networks business and acquisition of Infinera, has laid a solid foundation for the future. We’re grateful for his service and wish him the very best on his next chapter,” said Justin Hotard, President and CEO of Nokia.

    “I’m excited to welcome David to the Group Leadership Team as the new head of our Network Infrastructure business. David has a proven track record of scaling businesses and driving innovation, and he brings a deep expertise of hyperscalers and AI-optimized solutions to the business. I’m confident he is the right leader to take Network Infrastructure forward,” Hotard continued.

    In addition, Victoria Hanrahan will join Nokia’s Group Leadership Team as Chief of Staff to the President and CEO, effective immediately. She will focus on driving strategic and operational initiatives, including operational excellence, improving cross-functional execution and ensuring organizational alignment across the Global Leadership Team. Victoria will report to Nokia’s President and CEO and be based in Espoo.

    Additional background information on all current members of the Group Leadership Team can be found at: www.nokia.com/en_int/investors/corporate-governance/group-leadership-team.

    David Heard, CV
    Born: 1968
    Nationality: US national
    Education:
    Masters, Management Science (Sloan), Stanford University Graduate School of Business
    Master of Business Administration (MBA), University of Dayton
    BA, Production & Operations Mgt, The Ohio State University
    Experience:
    2025 (February-June) Chief Growth Officer at Network Infrastructure, Nokia
    2020–2025 Chief Executive Officer, Infinera
    2017–2020 Chief Operations Officer and various senior positions, Infinera
    2015–2016 Cloud Service Provider (Executive Consultant – External), Dell
    2010–2015 President – Network & Service (Software) Enablement, JDSU
    2007–2010 Chief Operating Officer, BigBand Networks
    2004–2006 President & CEO, Somera Communications (Jabil)
    2003–2004 President – Switching Systems, Tekelec (Oracle)
    2000–2003 President & CEO Santera Systems Inc (now Oracle)
    1996–2000 GM & VP Wireless – Various Positions, Alcatel-Lucent
    1990–1996 VP of Access, AT&T (Lucent Technologies)
    Additional positions:
    2017–2022 Member of the Board of Directors, Motion Intelligence
    2012–2019 Chairman of the Board, Telecommunications Industry Association
    2015–2018 Board Director, Milestone Sports
    2006–2017 Member of the Board of Directors – Co-founder, Zyvex Performance Materials
    2002–2004 Member of the Board of Directors, Spatial Wireless (Alcatel Lucent)

    Victoria Hanharan, CV
    Born: 1988
    Nationality: US national
    Education:
    Bachelor of Business Administration (BBA), Marketing, Texas A&M University
    Master of Business Administration (MBA), University of Houston
    Experience:
    2015–2024 Hewlett Packard Enterprise (HPE)

    • Vice President, Global Marketing – High Performance Compute & Artificial Intelligence (2023–2024)
    • Director, Chief of Staff – HPC & AI Business Unit (2021–2023)
    • Manager, Marketing Strategy (2019–2021)
    • Sr. Product Marketing Manager (2015–2019)

    2010–2015 St. Jude Medical

    • Product Marketing Manager, Neuromodulation Division (2013–2015)
    • Marketing Communications Coordinator (2010–2013)

    About Nokia
    At Nokia, we create technology that helps the world act together. 

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future. 

    Media inquiries
    Nokia Communications
    Maria Vaismaa, Global Head of External Communications
    Phone: +358 10 448 4900
    Email: press.services@nokia.com

    Nokia Investor Relations
    Phone: +358 931 580 507
    Email: investor.relations@nokia.com

    The MIL Network –

  • MIL-OSI: Nokia announces changes to Group Leadership Team

    Source: GlobeNewswire (MIL-OSI)

    Nokia Corporation
    Stock Exchange Release
    16 June 2025 at 14:00 EEST

    Nokia announces changes to Group Leadership Team

    • Federico Guillén to retire from Nokia on 31 December 2025. He will step down as President of the Network Infrastructure (NI) business group and as a member of the Group Leadership Team on 30 June 2025.
    • As part of a managed transition, David Heard, NI Chief Strategic Growth Officer, and former CEO of Infinera, is promoted to President of Network Infrastructure and joins the Group Leadership Team, effective 1 July 2025.
    • Victoria Hanrahan will join the Group Leadership Team as Chief of Staff to Nokia’s President and CEO, effective immediately.

    Espoo, Finland – Nokia today announced changes to its Group Leadership Team. Federico Guillén will retire from Nokia on 31 December 2025. He will step down from his role as President of Nokia’s Network Infrastructure business group and from the Group Leadership Team on 30 June 2025.

    As part of a managed transition, David Heard, currently NI Chief Strategic Growth Officer, and former CEO of Infinera, has been promoted to President of Network Infrastructure and will join the Group Leadership Team, effective 1 July 2025. David will report to Nokia’s President and CEO, Justin Hotard, and be based in Dallas. Federico and David will work together to ensure a seamless transition.

    Heard joined Nokia with the acquisition of Infinera in February 2025. He was previously CEO of Infinera and, prior to that held the role of Infinera’s Chief Operating Officer, responsible for leading the innovation of new solutions and the overall operational excellence of the company. Before joining Infinera, Heard held senior positions across various technology companies in the U.S. including JDSU, BigBand Networks, Somera Communications, Lucent and AT&T gaining comprehensive experience of the telecoms industry and demonstrating a strong growth mindset and a commitment to innovation leadership.

    “I want to thank Federico for his exceptional leadership and contribution to Nokia. As the first President of Network Infrastructure, he has been instrumental in building a high-performing and profitable business with a strong customer focus, helping to position the business for long-term growth. His leadership during major portfolio changes, including the divestment of the Submarine Networks business and acquisition of Infinera, has laid a solid foundation for the future. We’re grateful for his service and wish him the very best on his next chapter,” said Justin Hotard, President and CEO of Nokia.

    “I’m excited to welcome David to the Group Leadership Team as the new head of our Network Infrastructure business. David has a proven track record of scaling businesses and driving innovation, and he brings a deep expertise of hyperscalers and AI-optimized solutions to the business. I’m confident he is the right leader to take Network Infrastructure forward,” Hotard continued.

    In addition, Victoria Hanrahan will join Nokia’s Group Leadership Team as Chief of Staff to the President and CEO, effective immediately. She will focus on driving strategic and operational initiatives, including operational excellence, improving cross-functional execution and ensuring organizational alignment across the Global Leadership Team. Victoria will report to Nokia’s President and CEO and be based in Espoo.

    Additional background information on all current members of the Group Leadership Team can be found at: www.nokia.com/en_int/investors/corporate-governance/group-leadership-team.

    David Heard, CV
    Born: 1968
    Nationality: US national
    Education:
    Masters, Management Science (Sloan), Stanford University Graduate School of Business
    Master of Business Administration (MBA), University of Dayton
    BA, Production & Operations Mgt, The Ohio State University
    Experience:
    2025 (February-June) Chief Growth Officer at Network Infrastructure, Nokia
    2020–2025 Chief Executive Officer, Infinera
    2017–2020 Chief Operations Officer and various senior positions, Infinera
    2015–2016 Cloud Service Provider (Executive Consultant – External), Dell
    2010–2015 President – Network & Service (Software) Enablement, JDSU
    2007–2010 Chief Operating Officer, BigBand Networks
    2004–2006 President & CEO, Somera Communications (Jabil)
    2003–2004 President – Switching Systems, Tekelec (Oracle)
    2000–2003 President & CEO Santera Systems Inc (now Oracle)
    1996–2000 GM & VP Wireless – Various Positions, Alcatel-Lucent
    1990–1996 VP of Access, AT&T (Lucent Technologies)
    Additional positions:
    2017–2022 Member of the Board of Directors, Motion Intelligence
    2012–2019 Chairman of the Board, Telecommunications Industry Association
    2015–2018 Board Director, Milestone Sports
    2006–2017 Member of the Board of Directors – Co-founder, Zyvex Performance Materials
    2002–2004 Member of the Board of Directors, Spatial Wireless (Alcatel Lucent)

    Victoria Hanharan, CV
    Born: 1988
    Nationality: US national
    Education:
    Bachelor of Business Administration (BBA), Marketing, Texas A&M University
    Master of Business Administration (MBA), University of Houston
    Experience:
    2015–2024 Hewlett Packard Enterprise (HPE)

    • Vice President, Global Marketing – High Performance Compute & Artificial Intelligence (2023–2024)
    • Director, Chief of Staff – HPC & AI Business Unit (2021–2023)
    • Manager, Marketing Strategy (2019–2021)
    • Sr. Product Marketing Manager (2015–2019)

    2010–2015 St. Jude Medical

    • Product Marketing Manager, Neuromodulation Division (2013–2015)
    • Marketing Communications Coordinator (2010–2013)

    About Nokia
    At Nokia, we create technology that helps the world act together. 

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future. 

    Media inquiries
    Nokia Communications
    Maria Vaismaa, Global Head of External Communications
    Phone: +358 10 448 4900
    Email: press.services@nokia.com

    Nokia Investor Relations
    Phone: +358 931 580 507
    Email: investor.relations@nokia.com

    The MIL Network –

  • MIL-OSI: OTC Markets Group Welcomes Southpoint Bancshares Inc. to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 16, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Southpoint Bancshares Inc. (OTCQX: SOUB), which operates primarily in the domestic commercial banking industry, has qualified to trade on the OTCQX® Best Market. Southpoint Bancshares Inc. upgraded to OTCQX from the Pink® market.

    Southpoint Bancshares Inc. begins trading today on OTCQX under the symbol “SOUB.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    The OTCQX Market provides investors with a premium U.S. public market to research and trade the shares of investor-focused companies. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

    “Graduating to the OTCQX Best Market marks a significant milestone for SouthPoint Bank and reflects our unwavering commitment to transparency, sound governance, and long-term value creation. This move enhances our visibility among investors and positions us for the next phase of strategic growth. As we continue to expand our footprint across Alabama and the Southeast, we remain focused on investing in technology, deepening customer relationships, and supporting the communities we serve. We believe this upgrade will help us attract new capital, broaden our shareholder base, and accelerate our mission of delivering exceptional banking solutions,” said Steve Smith – Chairman, President and CEO of SouthPoint Bank.

    About Southpoint Bancshares Inc.
    SouthPoint Bancshares, Inc. (the Company), an Alabama corporation, operates primarily in the domestic commercial banking industry. The Company’s subsidiary, SouthPoint Bank (the Bank), was formed and incorporated in 2005 as a state-chartered bank under the Code of Alabama 1975, as amended. In January 2022, the Company also acquired Merchants Bank of Alabama, founded in 1907 and based in Cullman, Alabama, now a division of SouthPoint Bank. The Bank and its division provide full-service banking to customers primarily located in central and northern Alabama. The Bank is subject to regulation by the State of Alabama Banking Department and the Federal Deposit Insurance Corporation (FDIC). The Bank operates from its eleven branch locations in and around Birmingham, Alabama and Cullman, Alabama, and three loan production offices located throughout the State of Alabama. SPB Properties, LLC holds certain assets of the Bank and is a wholly owned subsidiary of the Bank.

    About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.

    Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATSTM are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

    To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

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

    The MIL Network –

  • MIL-OSI: OTC Markets Group Welcomes Southpoint Bancshares Inc. to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 16, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Southpoint Bancshares Inc. (OTCQX: SOUB), which operates primarily in the domestic commercial banking industry, has qualified to trade on the OTCQX® Best Market. Southpoint Bancshares Inc. upgraded to OTCQX from the Pink® market.

    Southpoint Bancshares Inc. begins trading today on OTCQX under the symbol “SOUB.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    The OTCQX Market provides investors with a premium U.S. public market to research and trade the shares of investor-focused companies. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

    “Graduating to the OTCQX Best Market marks a significant milestone for SouthPoint Bank and reflects our unwavering commitment to transparency, sound governance, and long-term value creation. This move enhances our visibility among investors and positions us for the next phase of strategic growth. As we continue to expand our footprint across Alabama and the Southeast, we remain focused on investing in technology, deepening customer relationships, and supporting the communities we serve. We believe this upgrade will help us attract new capital, broaden our shareholder base, and accelerate our mission of delivering exceptional banking solutions,” said Steve Smith – Chairman, President and CEO of SouthPoint Bank.

    About Southpoint Bancshares Inc.
    SouthPoint Bancshares, Inc. (the Company), an Alabama corporation, operates primarily in the domestic commercial banking industry. The Company’s subsidiary, SouthPoint Bank (the Bank), was formed and incorporated in 2005 as a state-chartered bank under the Code of Alabama 1975, as amended. In January 2022, the Company also acquired Merchants Bank of Alabama, founded in 1907 and based in Cullman, Alabama, now a division of SouthPoint Bank. The Bank and its division provide full-service banking to customers primarily located in central and northern Alabama. The Bank is subject to regulation by the State of Alabama Banking Department and the Federal Deposit Insurance Corporation (FDIC). The Bank operates from its eleven branch locations in and around Birmingham, Alabama and Cullman, Alabama, and three loan production offices located throughout the State of Alabama. SPB Properties, LLC holds certain assets of the Bank and is a wholly owned subsidiary of the Bank.

    About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.

    Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATSTM are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

    To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

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

    The MIL Network –

  • MIL-OSI: RYVYL Appoints Industry Veteran Brett Moyer to Its Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, CA, June 16, 2025 (GLOBE NEWSWIRE) — RYVYL Inc. (NASDAQ: RVYL) (“RYVYL” or the “Company”), a leading innovator of payment transaction solutions leveraging electronic payment technology, has appointed industry veteran Brett Moyer as an independent member of its board of directors, effective immediately.

    “I’m delighted to welcome Brett Moyer to our board,” said RYVYL Co-founder and Chairman Ben Errez. “Brett’s experience in building companies and proven expertise in scaling and licensing technology platforms will be instrumental as we focus on our next phase of growth opportunities. We look forward to his insights and leadership as we continue advancing our technology and expanding into new markets.”

    Moyer said, “I’m excited to join the RYVYL board during this transitional phase in the company’s history. I look forward to collaborating with my fellow directors and the management team to help shape strategy and support execution as the company pursues multiple growth opportunities in a dynamic industry, including pursuing a legacy vertical market in North America and expanding its blockchain applications and crypto capabilities.”

    Brett Moyer is currently chief financial officer of Datavault AI, a leader in AI-driven data experience, valuation and monetization. He was founding member of WiSA Technologies and served as president, CEO, and director from August 2010 until December 2024, when the company acquired Data Vault Holdings’ assets and expanded its operations as Datavault AI. Previously, he was president and CEO of Focus Enhancements and held leadership roles at Zenith Electronics earlier in his career. Mr. Moyer has served on the boards of Alliant International University since 2016 and previously for HotChalk, Inc. and NeoMagic Corporation. He holds a BA in Economics from Beloit College and an MBA from Thunderbird School of Global Management.

    On June 10, 2025, David Montoya resigned from his position on the board of directors. The total number of directors remains at five.

    About RYVYL

    RYVYL Inc. (NASDAQ: RVYL) was born from a passion for empowering a new way to conduct business-to-business, consumer-to-business, and peer-to-peer payment transactions around the globe. By leveraging electronic payment technology for diverse international markets, RYVYL is a leading innovator of payment transaction solutions reinventing the future of financial transactions. Since its founding as GreenBox POS in 2017 in San Diego, RYVYL has developed applications enabling an end-to-end suite of turnkey financial products with enhanced security and data privacy, world-class identity theft protection, and rapid speed to settlement. As a result, the platform can log immense volumes of immutable transactional records at the speed of the internet for first-tier partners, merchants, and consumers around the globe. www.ryvyl.com

    Cautionary Note Regarding Forward-Looking Statements

    This press release includes information that constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on the Company’s current beliefs, assumptions and expectations regarding future events, which in turn are based on information currently available to the Company. Such forward-looking statements include statements that are characterized by future or conditional words such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate” and “continue” or similar words. You should read statements that contain these words carefully because they discuss future expectations and plans, which contain projections of future results of operations or financial condition or state other forward-looking information.

    By their nature, forward-looking statements address matters that are subject to risks and uncertainties. A variety of factors could cause actual events and results to differ materially from those expressed in or contemplated by the forward-looking statements. Risk factors affecting the Company are discussed in detail in the Company’s filings with the SEC. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by applicable laws.

    IR Contact:
    David Barnard, Alliance Advisors Investor Relations, 415-433-3777, ryvylinvestor@allianceadvisors.com

    The MIL Network –

  • MIL-OSI: RYVYL Appoints Industry Veteran Brett Moyer to Its Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, CA, June 16, 2025 (GLOBE NEWSWIRE) — RYVYL Inc. (NASDAQ: RVYL) (“RYVYL” or the “Company”), a leading innovator of payment transaction solutions leveraging electronic payment technology, has appointed industry veteran Brett Moyer as an independent member of its board of directors, effective immediately.

    “I’m delighted to welcome Brett Moyer to our board,” said RYVYL Co-founder and Chairman Ben Errez. “Brett’s experience in building companies and proven expertise in scaling and licensing technology platforms will be instrumental as we focus on our next phase of growth opportunities. We look forward to his insights and leadership as we continue advancing our technology and expanding into new markets.”

    Moyer said, “I’m excited to join the RYVYL board during this transitional phase in the company’s history. I look forward to collaborating with my fellow directors and the management team to help shape strategy and support execution as the company pursues multiple growth opportunities in a dynamic industry, including pursuing a legacy vertical market in North America and expanding its blockchain applications and crypto capabilities.”

    Brett Moyer is currently chief financial officer of Datavault AI, a leader in AI-driven data experience, valuation and monetization. He was founding member of WiSA Technologies and served as president, CEO, and director from August 2010 until December 2024, when the company acquired Data Vault Holdings’ assets and expanded its operations as Datavault AI. Previously, he was president and CEO of Focus Enhancements and held leadership roles at Zenith Electronics earlier in his career. Mr. Moyer has served on the boards of Alliant International University since 2016 and previously for HotChalk, Inc. and NeoMagic Corporation. He holds a BA in Economics from Beloit College and an MBA from Thunderbird School of Global Management.

    On June 10, 2025, David Montoya resigned from his position on the board of directors. The total number of directors remains at five.

    About RYVYL

    RYVYL Inc. (NASDAQ: RVYL) was born from a passion for empowering a new way to conduct business-to-business, consumer-to-business, and peer-to-peer payment transactions around the globe. By leveraging electronic payment technology for diverse international markets, RYVYL is a leading innovator of payment transaction solutions reinventing the future of financial transactions. Since its founding as GreenBox POS in 2017 in San Diego, RYVYL has developed applications enabling an end-to-end suite of turnkey financial products with enhanced security and data privacy, world-class identity theft protection, and rapid speed to settlement. As a result, the platform can log immense volumes of immutable transactional records at the speed of the internet for first-tier partners, merchants, and consumers around the globe. www.ryvyl.com

    Cautionary Note Regarding Forward-Looking Statements

    This press release includes information that constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on the Company’s current beliefs, assumptions and expectations regarding future events, which in turn are based on information currently available to the Company. Such forward-looking statements include statements that are characterized by future or conditional words such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate” and “continue” or similar words. You should read statements that contain these words carefully because they discuss future expectations and plans, which contain projections of future results of operations or financial condition or state other forward-looking information.

    By their nature, forward-looking statements address matters that are subject to risks and uncertainties. A variety of factors could cause actual events and results to differ materially from those expressed in or contemplated by the forward-looking statements. Risk factors affecting the Company are discussed in detail in the Company’s filings with the SEC. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by applicable laws.

    IR Contact:
    David Barnard, Alliance Advisors Investor Relations, 415-433-3777, ryvylinvestor@allianceadvisors.com

    The MIL Network –