NewzIntel.com

Category: GlobeNewswire

  • MIL-OSI: ERAG Energie & Rohstoff AG PCC Announces Convertible Loan Agreement 2024 with Belmont Resources Inc. and Early Warning Report

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, June 05, 2025 (GLOBE NEWSWIRE) — ERAG Energie & Rohstoff AG PCC (the “Acquiror) announces that on February 8, 2024, HMS Bergbau AG (“HMS”), a joint actor of the Acquiror, entered into a Convertible Loan Agreement with Belmont Resources Inc. (TSX-V: BEA) (the “Issuer”) in the principal amount of CAD $368,000. The Loan bore no interest and was payable on or before July 1, 2024. If the Issuer failed to repay the Loan in full on or before July 1, 2024, interest on arrears of 12% per annum was payable by the issuer beginning on July 2, 2024. HMS had the option to have the Loan repaid through the issuance of 9,200,000 common shares at a deemed value of $0.04 per share.

    Immediately prior to the entering into of the Convertible Loan Agreement, the Acquiror owned and controlled 14,000,000 Common Shares of the Issuer, representing approximately 15.11% of the issued and outstanding Common Shares of the Issuer.

    As a result of HMS entering into the Convertible Loan Agreement, on a partially diluted basis (i.e., assuming full conversion of the Loan immediately after entering into the Convertible Loan Agreement), the Acquiror and HMS together held a total of 23,200,000 Common Shares, representing approximately 22.8% of the Issuer’s issued and outstanding Common Shares.

    Subsequently HMS exercised its conversion right and on March 6, 2024 HMS was issued 9,200,000 Common Shares of the Issuer. As a result of the conversion of the Loan and immediately following conversion, the Acquiror and HMS together held a total of 23,200,000 Common Shares, representing approximately 22.8% of the Issuer’s issued and outstanding Common Shares.

    The Convertible Loan Agreement was entered into for business and investment purposes. The Acquiror and HMS may, depending on market and other conditions, increase or decrease their beneficial ownership of or control or direction over the Issuer’s securities, whether in the open market, by privately negotiated agreements or otherwise, subject to a number of factors, including general market conditions and other available investment and business opportunities.

    The Acquiror has filed an Early Warning Report pursuant to National Instrument 62-103F1 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues describing the above transaction with the applicable securities regulatory authorities. To obtain a copy of the early warning report filed by the Acquiror, please contact the Acquiror c/o Gritt Bürger at +41 79 214 1614 or refer to the Company’s SEDAR+ profile at www.sedarplus.ca.

    ERAG Energie & Rohstoff AG PCC
    Gritt Bürger, Director
    finance@erag.biz   

    The MIL Network –

  • MIL-OSI: Lendmark Financial Services Unveils its Strategic Growth Plan for Florida

    Source: GlobeNewswire (MIL-OSI)

    LAWRENCEVILLE, Ga., June 05, 2025 (GLOBE NEWSWIRE) — Lendmark Financial Services (Lendmark), a leading provider of personalized loan solutions, today announced plans to expand its retail branch footprint across North and Central Florida. Beginning with the debut of its Ocala branch last week, the company plans to add more than 10 branch locations in or around Gainesville, Jacksonville, Orlando, Tallahassee, and Tampa. In tandem, the lender will also expand its other financing solutions, providing loans for customers of small, independent automobile dealerships and retail businesses.

    Celebrating 29 years in business this August, Lendmark has opened more than 200 branches in the past five years alone, resulting from strategically intentional growth coast-to-coast. The company continues to expand into new regions, most recently Wisconsin, with a branch portfolio of more than 520 locations across 22 states.

    Lendmark plans to add approximately 25 more branches to its overall portfolio in 2025. Though data-driven site selection, disciplined execution and planful acquisitions are contributing factors, the company’s growth strategy truly begins with putting people first.

    “We’re ready to rise and shine – like only Lendmark can – as we bring our first-rate service excellence to communities across the Sunshine State to meet the financial needs of more Floridians,” said Bret Hyler, President and Chief Operating Officer of Lendmark. “We believe the Lendmark experience is underpinned by the level of empathy and trust our loan consultants build with customers in each branch, growing into genuine relationships that, in many cases, last beyond the life of the loan.”

    With two existing branches in the Brandon and Orlando markets, Lendmark is primed to welcome thousands of Florida customers to its planned branch openings over the next three-to-five years, starting with Ocala and then its St. Augustine location later this summer.

    Better Together: Florida Growth Driven by Relationship-based Approach

    Lendmark’s approach to lending begins with the fundamental premise that lending solutions should be in the best interest of the customer and the lender. This helps drive a satisfactory loan experience and positive customer outcome. The company remains laser-focused on creating a differentiated customer experience that fosters deep relationships with individual customers, business partners, and the local community at large.

    “What sets Lendmark apart is the way that we connect with and care for each customer who walks through our doors. This is a business where our local branch, retail and auto sales teams know you by name and greet you with a warm ‘hello’ at every interaction,” continued Hyler. “We take time to meet the communities we’ll be serving before we move in, and we’re excited to support new customers across Florida, including small businesses and individuals.”

    Lendmark loans are used to purchase local goods and services, such as car and home repairs, personal care, debt consolidation, household goods, and more. With every loan solution offered, the company ensures that its customers have simple and affordable fixed terms, and a payment that works within their household budget.

    As part of the loan experience, the company also offers a curated selection of credit and insurance ancillary products to customers. These optional products, such as Involuntary Unemployment Insurance (IUI), are intended to help cover unplanned life events, like the unexpected loss of a job, that could occur during the life of the loan. These consumer-driven choices help protect the borrower’s credit profile so that the loan associated with their unplanned life event does not negatively impact their credit history.

    Lendmark Serves: Doing Good by Giving Back

    Giving back to the people and places Lendmark serves is at its core. Each year, employees around the country support dozens of causes in the communities where they live and work, participating in local volunteer activities and championing Lendmark’s signature philanthropic initiative,‘Climb to Cure,’ which kicked off in 2015.

    The company will raise over $10 million by August 31, 2025 to mark its 10-year anniversary partnering with CURE Childhood Cancer, an Atlanta-based nonprofit dedicated to funding lifesaving pediatric cancer research that is utilized nationwide.

    So far, Lendmark’s employees, partners and customers have rallied together to raise $8.83 million, all of which directly supports CURE in its fight to conquer childhood cancer while caring for recently diagnosed patients and their families.

    About Lendmark Financial Services

    Lendmark Financial Services (Lendmark) provides personal and household credit and loan solutions for consumers. Founded in 1996, Lendmark strives to be the lender, employer, and partner of choice by helping consumers meet both planned and unplanned life events through affordable loan offerings.

    Lendmark currently operates more than 520 branches in 22 states across the country, providing personalized services to customers and retail business partners with every transaction. Lendmark is headquartered in Lawrenceville, Ga.

    For more information, visit www.lendmarkfinancial.com.

    Media Contacts  
    Lisa Burby
    Vice President, Corporate Communications
    lburby@lendmarkfinancial.com
    678-913-1720    		 Jeff Hamilton
    Senior Manager, Corporate Communications
    jhamilton@lendmarkfinancial.com
    678-625-3128

    The MIL Network –

  • MIL-OSI: Eureka Acquisition Corp Announces the Redemption Request Deadline as June 17, 2025 for the Upcoming Extraordinary General Meeting to be Held on June 20, 2025

    Source: GlobeNewswire (MIL-OSI)

    New York, June 05, 2025 (GLOBE NEWSWIRE) — Eureka Acquisition Corp (the “Company”) (Nasdaq: EURK), a blank check company, today announced that June 17, 2025 is the deadline for delivery of redemption request from the Company’s shareholders for its upcoming extraordinary general meeting in lieu of an annual general meeting of shareholders (the “Extraordinary General Meeting”)

    The Extraordinary General Meeting is scheduled to be held on June 20, 2025. Since June 19, 2025 is a federal holiday, June 17, 2025, two business days before the date of the Extraordinary General Meeting, is the deadline for delivery of redemption requests from the Company’s shareholders.

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

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

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

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

    About Eureka Acquisition Corp

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

    Forward-Looking Statements

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

    Additional Information and Where to Find It

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

    Participants in the Solicitation

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

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

    The MIL Network –

  • MIL-OSI: Concrete Pumping Holdings Reports Second Quarter Fiscal Year 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    DENVER, June 05, 2025 (GLOBE NEWSWIRE) — Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the “Company” or “CPH”), a leading provider of concrete pumping and waste management services in the U.S. and U.K., reported financial results for the second quarter ended April 30, 2025.

    Second Quarter Fiscal Year 2025 Summary vs. Second Quarter of Fiscal Year 2024 (where applicable)

    • Revenue of $94.0 million compared to $107.1 million.
    • Gross profit of $36.2 million compared to $41.8 million.
    • Income from operations of $8.3 million compared to $12.1 million.
    • Net loss of $0.0 million compared to net income of $3.0 million.
    • Net loss attributable to common shareholders was $0.4 million, or $(0.01) per diluted share, compared to net income of $2.6 million, or $0.05 per diluted share.
    • Adjusted EBITDA1 of $22.5 million compared to $27.5 million, with Adjusted EBITDA margin1 of 23.9% compared to 25.7%
    • Amounts outstanding under debt agreements were $425.0 million with net debt1 of $387.2 million. Total available liquidity at quarter end was $352.5 million compared to $216.9 million one year ago.
    • Leverage ratio1 at quarter end of 3.7x.

    Management Commentary

    “In the second quarter, we continued to navigate a challenging construction environment, marked by persistent macroeconomic headwinds and regional weather disruptions,” said CPH CEO Bruce Young. “Despite these pressures, we delivered solid results by remaining focused on cost discipline, fleet optimization, and strategic pricing across our businesses.”

    “Our U.S. Concrete Waste Management segment once again delivered strong growth, highlighting both the appeal of our unique offering and the rising demand for sustainable jobsite solutions. Although our U.S. Concrete Pumping segment remains affected by weakness in commercial construction and, more recently, by emerging challenges in residential construction, the infrastructure market has remained resilient, helping to partially offset broader market pressures and support the segment’s performance.”

    “We remain committed to generating strong free cash flow, deleveraging the balance sheet, and pursuing disciplined, strategic M&A that complements our core capabilities and geographic footprint. These priorities position us well for long-term value creation. While the near-term demand backdrop remains challenged, we are confident that our leadership position, operational discipline, and breadth of service offerings will allow us to capitalize on the eventual recovery in commercial construction activities.”

    ______________
    1 Adjusted EBITDA, Adjusted EBITDA margin, net debt and leverage ratio are financial measures that are not calculated in accordance with accounting principles generally accepted in the United States of America (“GAAP”). See “Non-GAAP Financial Measures” below for a discussion of the non-GAAP financial measures used in this release and a reconciliation to their most comparable GAAP measures.

    Second Quarter Fiscal Year 2025 Financial Results

    Revenue in the second quarter of fiscal year 2025 was $94.0 million compared to $107.1 million in the second quarter of fiscal year 2024. The decrease was primarily attributable to a continued slowdown from deferrals in commercial construction work and emerging challenges in residential work, mostly due to high interest rates, uncertainty around extensions of U.S. tax policy and adverse weather events in the months of February and April. Further, while the Company has not been directly impacted by tariffs, the added uncertainty surrounding tariffs has contributed to the deferral of certain commercial construction projects.

    Gross profit in the second quarter of fiscal year 2025 was $36.2 million compared to $41.8 million in the prior year quarter. Gross margin declined 50 basis points to 38.5% compared to 39.0% in the prior year quarter.

    General and administrative expenses (“G&A”) in the second quarter declined 6% to $27.9 million compared to $29.7 million in the prior year quarter primarily due to lower labor costs of approximately $1.3 million and non-cash decreases in amortization expense of $0.8 million. As a percentage of revenue, G&A costs were 29.7% in the second quarter compared to 27.7% in the prior year quarter.

    Net loss in the second quarter of fiscal year 2025 was $0.0 million compared to net income of $3.0 million in the prior year quarter. Net loss attributable to common shareholders in the second quarter of fiscal year 2025 was $0.4 million, or $(0.01) per diluted share, compared to net income of $2.6 million, or $0.05 per diluted share, in the prior year quarter.

    Adjusted EBITDA in the second quarter of fiscal year 2025 was $22.5 million compared to $27.5 million in the prior year quarter. Adjusted EBITDA margin was 23.9% compared to 25.7% in the prior year quarter.

    Liquidity

    On April 30, 2025, the Company had debt outstanding of $425.0 million, net debt of $387.2 million and total available liquidity of $352.5 million.

    Segment Results

    U.S. Concrete Pumping. Revenue in the second quarter of fiscal year 2025 was $62.1 million compared to $74.6 million in the prior year quarter. The decline was driven by a continued slowdown from deferrals in commercial construction work and emerging challenges in residential work, mostly due to high interest rates, uncertainty around extensions of U.S. tax policy and adverse weather events in the months of February and April. Further, while the Company has not been directly impacted by tariffs, the added uncertainty surrounding tariffs has contributed to the deferral of certain commercial construction projects. Net loss in the second quarter of fiscal year 2025 was $1.6 million compared to net income of $0.9 million in the prior year quarter. Adjusted EBITDA was $12.7 million in the second quarter of fiscal year 2025 compared to $17.5 million in the prior year quarter. These decreases were largely driven by the decrease in revenue, as discussed above.

    U.S. Concrete Waste Management Services. Revenue in the second quarter of fiscal year 2025 increased 7% to $18.1 million compared to $16.9 million in the prior year quarter. The increase was driven by organic growth and pricing improvements. Net income in the second quarter of fiscal year 2025 was $1.2 million compared to net income of $1.1 million in the prior year quarter. Adjusted EBITDA in the second quarter of fiscal year 2025 increased 12% to $6.7 million compared to $5.9 million in the prior year quarter. Increases in both net income and adjusted EBITDA are mostly due to higher revenue and disciplined cost control.

    U.K. Operations. Revenue in the second quarter of fiscal year 2025 was $13.8 million compared to $15.5 million in the prior year quarter. Excluding the impact from foreign currency translation, revenue was down 13% year-over-year, due to lower volumes caused by a general slowdown in commercial construction work. Net income in the second quarter of fiscal year 2025 was $0.4 million compared to $1.0 million in the prior year quarter. Adjusted EBITDA was $3.2 million in the second quarter of fiscal year 2025 compared to $4.1 million in the prior year quarter. Excluding the impact from foreign currency translation, net income and adjusted EBITDA changes were primarily related to the decrease in revenue.

    Fiscal Year 2025 Outlook

    The Company now expects fiscal year 2025 revenue to range between $380.0 million to $390.0 million, Adjusted EBITDA to range between $95.0 million to $100.0 million, and free cash flow2 to be approximately $45.0 million. These expectations assume the construction market will not start to meaningfully recover until fiscal year 2026 and that the Company continues to strengthen its organizational infrastructure and invest in its fleet to position the business for growth in fiscal 2026.

    ________________
    2 Free cash flow is defined as Adjusted EBITDA less net maintenance capital expenditures and cash paid for interest.

    Share Repurchase Program

    In June 2025, the board of directors of the Company approved a $15.0 million increase to the Company’s share repurchase program. Including this increase, there have been a total of $50.0 million in authorizations since the inception of the share repurchase program in June 2022. All authorizations are set to expire on December 31, 2026.

    During the six months ended April 30, 2025, the Company repurchased 1,311,386 shares for a total of $7.8 million at an average share price of $5.97 per share. Including the new $15.0 million share repurchase authorization approved in June 2025, a total of $24.2 million would have been available for purchase under the Company’s repurchase program as of April 30, 2025.

    “Today’s additional $15.0 million share repurchase authorization reflects our commitment to driving shareholder value,” said Bruce Young. “Our disciplined approach to capital allocation, strong free cash flow and consistent operational execution have allowed us to support the growth of our businesses while delivering expected shareholder returns and creating long-term value.”

    Conference Call

    The Company will hold a conference call on Thursday, June 5, 2025, at 5:00 p.m. Eastern time to discuss its second quarter 2025 results.

    Date: Thursday, June 5, 2025
    Time: 5:00 p.m. Eastern Time (3:00 p.m. Mountain Time)
    Toll-free dial-in number: 1-877-407-9039
    International dial-in number: 1-201-689-8470
    Conference ID: 13752905

    Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Gateway Group, Inc. at 1-949-574-3860.

    The conference call will be broadcast live and is available for replay here (https://viavid.webcasts.com/starthere.jsp?ei=1714111&tp_key=af0b6ebb93) as well as the investor relations section of the Company’s website at www.concretepumpingholdings.com.

    A replay of the conference call will be available after 8:00 p.m. Eastern Time on the same day through June 12, 2025.

    Toll-free replay number: 1-844-512-2921
    International replay number: 1-412-317-6671
    Replay ID: 13752905

    About Concrete Pumping Holdings

    Concrete Pumping Holdings is the leading provider of concrete pumping services and concrete waste management services in the fragmented U.S. and U.K. markets, primarily operating under what we believe are the only established, national brands in both geographies – Brundage-Bone for concrete pumping in the U.S., Camfaud in the U.K., and Eco-Pan for waste management services in both the U.S. and U.K. The Company’s large fleet of specialized pumping equipment and trained operators position it to deliver concrete placement solutions that facilitate labor cost savings to customers, shorten concrete placement times, enhance worksite safety and improve construction quality. Highly complementary to its core concrete pumping service, Eco-Pan seeks to provide a full-service, cost-effective, regulatory-compliant solution to manage environmental issues caused by concrete washout. As of April 30, 2025, the Company provided concrete pumping services in the U.S. from a footprint of approximately 90 branch locations across 22 states, concrete pumping services in the U.K. from approximately 35 branch locations, and route-based concrete waste management services from 21 operating locations in the U.S. and one shared location in the U.K. For more information, please visit www.concretepumpingholdings.com or the Company’s brand websites at www.brundagebone.com, www.camfaud.co.uk, or www.eco-pan.com.

    Forward‐Looking Statements

    This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. The Company’s actual results may differ from expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” “outlook” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the Company’s expectations with respect to future performance, including the Company’s fiscal year 2025 outlook. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside the Company’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: the adverse impact of recent inflationary pressures, changes in foreign trade policies, restrictive monetary policies, global economic conditions and developments related to these conditions, such as fluctuations in fuel costs on our business; adverse and severe weather conditions; the outcome of any legal proceedings, rulings or demand letters that may be instituted against or sent to the Company or its subsidiaries; the ability of the Company to grow and manage growth profitably and retain its key employees; the ability to identify and complete targeted acquisitions and to realize the expected benefits from completed acquisitions; changes in applicable laws or regulations; the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties indicated from time to time in the Company’s filings with the Securities and Exchange Commission, including the risk factors in the Company’s latest Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The Company cautions that the foregoing list of factors is not exclusive. The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.

    Non-GAAP Financial Measures

    This press release presents Adjusted EBITDA, Adjusted EBITDA margin, net debt, free cash flow and leverage ratio, all of which are important financial measures for the Company but are not financial measures defined by GAAP.

    EBITDA is calculated by taking GAAP net income and adding back interest expense and amortization of deferred financing costs net of interest income, income tax expense, and depreciation and amortization. Adjusted EBITDA is calculated by taking EBITDA and adding back loss on debt extinguishment, stock-based compensation, changes in the fair value of warrant liabilities, other expense (income), net, goodwill and intangibles impairment and other adjustments. Other adjustments include non-recurring expenses, non-cash currency gains/losses and transaction expenses. Transaction expenses represent expenses for legal, accounting, and other professionals that were engaged in the completion of various acquisitions. Transaction expenses can be volatile as they are primarily driven by the size of a specific acquisition. As such, the Company excludes these amounts from Adjusted EBITDA for comparability across periods.

    The Company believes these non-GAAP measures of financial results provide useful supplemental information to management and investors regarding certain financial and business trends related to our financial condition and results of operations, and as a supplemental tool for investors to use in evaluating our ongoing operating results and trends and in comparing our financial measures with competitors who also present similar non-GAAP financial measures. In addition, these measures (1) are used in quarterly and annual financial reports and presentations prepared for management, our board of directors and investors, and (2) help management to determine incentive compensation. EBITDA and Adjusted EBITDA have limitations and should not be considered in isolation or as a substitute for performance measures calculated under GAAP. These non-GAAP measures exclude certain cash expenses that the Company is obligated to make. In addition, other companies in our industry may calculate EBITDA and Adjusted EBITDA differently or may not calculate it at all, which limits the usefulness of EBITDA and Adjusted EBITDA as comparative measures. Adjusted EBITDA margin is defined as Adjusted EBITDA divided by total revenue for the period presented. See below for a reconciliation of Adjusted EBITDA to net income (loss) calculated in accordance with GAAP.

    Net debt as a specified date is calculated as all amounts outstanding under debt agreements (currently this includes the Company’s term loan and revolving line of credit balances, excluding any offsets for capitalized deferred financing costs) measured in accordance with GAAP less cash. Cash is subtracted from the GAAP measure because it could be used to reduce the Company’s debt obligations. A limitation associated with using net debt is that it subtracts cash and therefore may imply that there is less Company debt than the most comparable GAAP measure indicates. CPH believes this non-GAAP measure provides useful information to management and investors in order to monitor the Company’s leverage and evaluate the Company’s consolidated balance sheet. See “Reconciliation of Net Debt” below for a reconciliation of Net Debt to amounts outstanding under debt agreements calculated in accordance with GAAP.

    The leverage ratio is defined as the ratio of net debt to Adjusted EBITDA for the trailing four quarters. The Company believes its leverage ratio measures its ability to service its debt and its ability to make capital expenditures. Additionally, the leverage ratio is a standard measurement used by investors to gauge the creditworthiness of an institution.

    Free cash flow is defined as Adjusted EBITDA less net maintenance capital expenditures and cash paid for interest. This measure is not a substitute for cash flow from operations and does not represent the residual cash flow available for discretionary expenditures, since certain non-discretionary expenditures, such as debt servicing payments, are not deducted from the measure. CPH believes this non-GAAP measure provides useful information to management and investors in order to monitor and evaluate the cash flow yield of the business.

    The financial statement tables that accompany this press release include a reconciliation of Adjusted EBITDA and net debt to the applicable most comparable U.S. GAAP financial measure. However, the Company has not reconciled the forward-looking Adjusted EBITDA guidance range and free cash flow range included in this press release to the most directly comparable forward-looking GAAP measures because this cannot be done without unreasonable effort due to the lack of predictability regarding the various reconciling items such as provision for income tax expense and depreciation and amortization.

    Current and prospective investors should review the Company’s audited annual and unaudited interim financial statements, which are filed with the U.S. Securities and Exchange Commission, and not rely on any single financial measure to evaluate the Company’s business. Other companies may calculate Adjusted EBITDA, net debt and free cash flow differently and therefore these measures may not be directly comparable to similarly titled measures of other companies.

    Contact:

    Company:
    Iain Humphries
    Chief Financial Officer
    1-303-289-7497    		 Investor Relations:
    Gateway Group, Inc.
    Cody Slach
    1-949-574-3860
    BBCP@gateway-grp.com  
       
     
    Concrete Pumping Holdings, Inc.
    Condensed Consolidated Balance Sheets
                 
        As of April 30,     As of October 31,  
    (in thousands, except per share amounts)   2025     2024  
    Current assets:                
    Cash and cash equivalents   $ 37,788     $ 43,041  
    Receivables, net of allowance for doubtful accounts of $881 and $916, respectively     48,378       56,441  
    Inventory     6,157       5,922  
    Prepaid expenses and other current assets     11,231       6,956  
    Total current assets     103,554       112,360  
                     
    Property, plant and equipment, net     412,967       415,726  
    Intangible assets, net     99,793       105,612  
    Goodwill     223,998       222,996  
    Right-of-use operating lease assets     24,757       26,179  
    Other non-current assets     11,437       12,578  
    Deferred financing costs     2,284       2,539  
    Total assets   $ 878,790     $ 897,990  
                     
    Current liabilities:                
    Revolving loan   $ –     $ 20  
    Operating lease obligations, current portion     4,860       4,817  
    Accounts payable     12,341       7,668  
    Accrued payroll and payroll expenses     11,757       14,303  
    Accrued expenses and other current liabilities     27,069       28,673  
    Income taxes payable     1,861       850  
    Total current liabilities     57,888       56,331  
                     
    Long term debt, net of discount for deferred financing costs     417,346       373,260  
    Operating lease obligations, non-current     20,418       21,716  
    Deferred income taxes     84,402       86,647  
    Other liabilities, non-current     11,891       13,321  
    Total liabilities     591,945       551,275  
                     
                     
    Zero-dividend convertible perpetual preferred stock, $0.0001 par value, 2,450,980 shares issued and outstanding as of April 30, 2025 and October 31, 2024     25,000       25,000  
                     
    Stockholders’ equity                
    Common stock, $0.0001 par value, 500,000,000 shares authorized, 52,132,683 and 53,273,644 issued and outstanding as of April 30, 2025 and October 31, 2024, respectively     6       6  
    Additional paid-in capital     388,737       386,313  
    Treasury stock     (35,972 )     (25,881 )
    Accumulated other comprehensive income (loss)     3,089       (483 )
    Accumulated deficit     (94,015 )     (38,240 )
    Total stockholders’ equity     261,845       321,715  
                     
    Total liabilities and stockholders’ equity   $ 878,790     $ 897,990  
                     
     
    Concrete Pumping Holdings, Inc.
    Condensed Consolidated Statements of Operations
                 
        Three Months Ended April 30,     Six Months Ended April 30,  
    (in thousands, except per share amounts)   2025     2024     2025     2024  
                                     
    Revenue   $ 93,958     $ 107,062     $ 180,404     $ 204,773  
    Cost of operations     57,776       65,295       112,987       129,692  
    Gross profit     36,182       41,767       67,417       75,081  
    Gross margin     38.5 %     39.0 %     37.4 %     36.7 %
                                     
    General and administrative expenses     27,922       29,712       55,672       61,570  
    Income from operations     8,260       12,055       11,745       13,511  
                                     
    Interest expense and amortization of deferred financing costs     (8,554 )     (6,903 )     (14,769 )     (13,426 )
    Loss on extinguishment of debt     –       –       (1,392 )     –  
    Interest income     260       30       673       90  
    Change in fair value of warrant liabilities     –       –       –       130  
    Other income (expense), net     28       44       62       84  
    Income (loss) before income taxes     (6 )     5,226       (3,681 )     389  
                                     
    Income tax expense (benefit)     (2 )     2,180       (1,038 )     1,169  
                                     
    Net income (loss)     (4 )     3,046       (2,643 )     (780 )
                                     
    Less preferred shares dividends     (426 )     (430 )     (865 )     (870 )
                                     
    Loss available to common shareholders   $ (430 )   $ 2,616     $ (3,508 )   $ (1,650 )
                                     
    Weighted average common shares outstanding                                
    Basic     52,699       53,430       52,875       53,501  
    Diluted     52,699       54,380       52,875       53,501  
                                     
    Net income per common share                                
    Basic   $ (0.01 )   $ 0.05     $ (0.07 )   $ (0.03 )
    Diluted   $ (0.01 )   $ 0.05     $ (0.07 )   $ (0.03 )
                                     
     
    Concrete Pumping Holdings, Inc.
    Condensed Consolidated Statements of Cash Flows
           
        For the Six Months Ended April 30,  
    (in thousands, except per share amounts)   2025     2024  
                     
    Net loss   $ (2,643 )   $ (780 )
    Adjustments to reconcile net loss to net cash provided by operating activities:                
    Non-cash operating lease expense     2,575       2,567  
    Foreign currency adjustments     (54 )     (451 )
    Depreciation     20,726       20,565  
    Deferred income taxes     (2,706 )     (590 )
    Amortization of deferred financing costs     896       890  
    Amortization of intangible assets     6,058       7,771  
    Stock-based compensation expense     905       1,273  
    Change in fair value of warrant liabilities     –       (130 )
    Loss on extinguishment of debt     1,392       –  
    Net gain on the sale of property, plant and equipment     (188 )     (1,147 )
    Other operating activities     (46 )     65  
    Net changes in operating assets and liabilities:                
    Receivables     8,407       6,279  
    Inventory     (130 )     612  
    Other operating assets     (6,297 )     (2,420 )
    Accounts payable     4,296       (1,218 )
    Other operating liabilities     (2,424 )     (3,841 )
    Net cash provided by operating activities     30,767       29,445  
                     
    Cash flows from investing activities:                
    Purchases of property, plant and equipment     (19,491 )     (28,817 )
    Proceeds from sale of property, plant and equipment     3,232       5,236  
    Net cash used in investing activities     (16,259 )     (23,581 )
                     
    Cash flows from financing activities:                
    Proceeds on long term debt     425,000       –  
    Payments on long term debt     (375,000 )     –  
    Proceeds on revolving loan     124,474       167,611  
    Payments on revolving loan     (124,494 )     (170,138 )
    Dividends paid     (53,132 )        
    Payment of debt issuance costs     (8,153 )     –  
    Purchase of treasury stock     (8,508 )     (3,017 )
    Other financing activities     (136 )     1,409  
    Net cash used in financing activities     (19,949 )     (4,135 )
    Effect of foreign currency exchange rate changes on cash     188       366  
    Net increase (decrease) in cash and cash equivalents     (5,253 )     2,095  
    Cash and cash equivalents:                
    Beginning of period     43,041       15,861  
    End of period   $ 37,788     $ 17,956  
                     
     
    Concrete Pumping Holdings, Inc.
    Segment Revenue
                 
        Three Months Ended April 30,     Change  
    (in thousands, unless otherwise stated)   2025     2024     $     %  
    U.S. Concrete Pumping     62,109     $ 74,617     $ (12,508 )     (16.8 )%
    U.S. Concrete Waste Management Services(1)     18,057       16,898       1,159       6.9 %
    U.K. Operations     13,792       15,547       (1,755 )     (11.3 )%
    Total revenue   $ 93,958     $ 107,062     $ (13,104 )     (12.2 )%
    (1) For the three months ended April 30, 2025 and 2024, intersegment revenue of $0.1 million is excluded.
        Six Months Ended April 30,     Change  
    (in thousands, unless otherwise stated)   2025     2024     $     %  
    U.S. Concrete Pumping   $ 119,022     $ 141,300     $ (22,278 )     (15.8 )%
    U.S. Concrete Waste Management Services(1)     34,750       32,518       2,232       6.9 %
    U.K. Operations     26,632       30,955       (4,323 )     (14.0 )%
    Total revenue   $ 180,404     $ 204,773     $ (24,369 )     (11.9 )%
    (1) For the six months ended April 30, 2025 and 2024, intersegment revenue of $0.2 million isexcluded.
     
     
    Concrete Pumping Holdings, Inc.
    Segment Adjusted EBITDA and Net Income (Loss)

    During the first quarter of fiscal year 2025, the Company updated its methodology in which the Company allocates its corporate costs to better align with the manner in which the Company now allocates resources and measures performance. As a result, segment results for prior periods have been reclassified to conform to the current period presentation.

        Three Months Ended April 30, 2024     Six Months Ended April 30, 2024  
    (in thousands)   U.S. Concrete Pumping     U.S. Concrete Waste Management Services     U.S. Concrete Pumping     U.S. Concrete Waste Management Services  
    As Previously Reported                                
    Net income (loss)   $ (999 )   $ 3,001     $ (7,843 )   $ 5,406  
    Interest expense and amortization of deferred financing costs, net of interest income     6,193       –       11,947       –  
    EBITDA     15,979       6,188       23,016       11,568  
    Stock-based compensation     737       –       1,273       –  
    Other expense (income), net     (7 )     –       (27 )     (7 )
    Other Adjustments     514       –       3,668       –  
    Adjusted EBITDA     17,223       6,188       27,930       11,561  
                                     
    Recast Adjustment                                
    Net income (loss)   $ 1,936     $ (1,936 )   $ 5,578     $ (5,578 )
    Interest expense and amortization of deferred financing costs, net of interest income     (1,566 )     1,566       (3,323 )     3,323  
    EBITDA     370       (370 )     2,255       (2,255 )
    Stock-based compensation     (189 )     189       (350 )     350  
    Other expense (income), net     –       –       3       (3 )
    Other Adjustments     67       (67 )     (774 )     774  
    Adjusted EBITDA     248       (248 )     1,134       (1,134 )
                                     
    Current Report As Recast                                
    Net income (loss)   $ 937     $ 1,065     $ (2,265 )   $ (172 )
    Interest expense and amortization of deferred financing costs, net of interest income     4,627       1,566       8,624       3,323  
    EBITDA     16,349       5,818       25,271       9,313  
    Stock-based compensation     548       189       923       350  
    Other expense (income), net     (7 )     –       (24 )     (10 )
    Other Adjustments     581       (67 )     2,894       774  
    Adjusted EBITDA     17,471       5,940       29,064       10,427  
                                     
     
    Concrete Pumping Holdings, Inc.
    Segment Adjusted EBITDA and Net Income (Loss) Continued
           
        Net Income (Loss)  
        Three Months Ended April 30     Change  
    (in thousands, unless otherwise stated)   2025     2024     $     %  
    U.S. Concrete Pumping   $ (1,601 )   $ 937     $ (2,538 )     *  
    U.S. Concrete Waste Management Services     1,202       1,065       137       (12.9 )%
    U.K. Operations     395       1,044       (649 )     (62.2 )%
    Total   $ (4 )   $ 3,046     $ (3,050 )     (100.1 )%
    *Change is not meaningful                                
                                     
        Adjusted EBITDA  
        Three Months Ended April 30     Change  
    (in thousands, unless otherwise stated)   2025     2024     $     %  
    U.S. Concrete Pumping   $ 12,663     $ 17,471     $ (4,808 )     (27.5 )%
    U.S. Concrete Waste Management Services     6,655       5,940       715       12.0 %
    U.K. Operations     3,179       4,137       (958 )     (23.2 )%
    Total   $ 22,497     $ 27,548     $ (5,051 )     (18.3 )%
        Net Income (Loss)  
        Six Months Ended April 30     Change  
    (in thousands, unless otherwise stated)   2025     2024     $     %  
    U.S. Concrete Pumping   $ (4,681 )   $ (2,265 )   $ (2,416 )     (106.7 )%
    U.S. Concrete Waste Management Services     1,426       (172 )     1,598       *  
    U.K. Operations     612       1,527       (915 )     (59.9 )%
    Other     –       130       (130 )     *  
    Total   $ (2,643 )   $ (780 )   $ (1,863 )     (238.8 )%
    *Change is not meaningful                                
                                     
        Adjusted EBITDA  
        Six Months Ended April 30     Change  
    (in thousands, unless otherwise stated)   2025     2024     $     %  
    U.S. Concrete Pumping   $ 21,800     $ 29,064     $ (7,264 )     (25.0 )%
    U.S. Concrete Waste Management Services     11,701       10,427       1,274       12.2 %
    U.K. Operations     6,007       7,339       (1,332 )     (18.1 )%
    Total   $ 39,508     $ 46,830     $ (7,322 )     (15.6 )%
                                     
     
    Concrete Pumping Holdings, Inc.
    Quarterly Financial Performance
                                         
    (dollars in millions)   Revenue     Net Income     Adjusted EBITDA1     Capital Expenditures2     Adjusted EBITDA less Capital Expenditures     Earnings (Loss) Per Diluted Share  
                                                     
    Q1 2024   $ 98     $ (4 )   $ 19     $ 17     $ 3     $ (0.08 )
    Q2 2024   $ 107     $ 3     $ 28     $ 7     $ 21     $ 0.05  
    Q3 2024   $ 110     $ 8     $ 32     $ 6     $ 26     $ 0.13  
    Q4 2024   $ 111     $ 9     $ 34     $ 2     $ 32     $ 0.16  
    Q1 2025   $ 86     $ (3 )   $ 17     $ 4     $ 13     $ (0.06 )
    Q2 2025   $ 94     $ –     $ 22     $ 12     $ 10     $ (0.01 )
                                                     
    1Adjusted EBITDA is a financial measure that is not calculated in accordance with Generally Accepted Accounting Principles in the United States (“GAAP”). See “Non-GAAP Financial Measures” below for a discussion of the definition of this measure and reconciliation of such measure to its most comparable GAAP measure.
    2Information on M&A or growth investments included in net capital expenditures have been included for relevant quarters below:
    *Q1 2024 capex includes approximately $5 million growth investment.
    *Q2 2024 capex includes approximately $1 million M&A and $3 million growth investment.
    *Q3 2024 capex includes approximately $4 million growth investment.
    *Q4 2024 capex includes approximately $3 million growth investment.
    *Q1 2025 capex includes approximately $2 million growth investment.
    *Q2 2025 capex includes approximately $2 million growth investment.
     
     
    Concrete Pumping Holdings, Inc.
    Reconciliation of Net Income to Reported EBITDA to Adjusted EBITDA
                 
        Three Months Ended April 30,     Six Months Ended April 30,  
    (dollars in thousands)   2025     2024     2025     2024  
    Consolidated                                
    Net income (loss)   $ (4 )   $ 3,046     $ (2,643 )   $ (780 )
    Interest expense and amortization of deferred financing costs, net of interest income     8,294       6,873       14,096       13,336  
    Income tax expense (benefit)     (2 )     2,180       (1,038 )     1,169  
    Depreciation and amortization     13,584       14,239       26,784       28,337  
    EBITDA     21,872       26,338       37,199       42,062  
    Loss on debt extinguishment     –       –       1,392       –  
    Stock based compensation     538       737       905       1,273  
    Change in fair value of warrant liabilities     –       –       –       (130 )
    Other expense (income), net     (28 )     (44 )     (62 )     (84 )
    Other adjustments(1)     115       517       74       3,709  
    Adjusted EBITDA   $ 22,497     $ 27,548     $ 39,508     $ 46,830  
                                     
    U.S. Concrete Pumping                                
    Net income (loss)   $ (1,601 )   $ 937     $ (4,681 )   $ (2,265 )
    Interest expense and amortization of deferred financing costs, net of interest income     5,211       4,627       8,522       8,624  
    Income tax expense (benefit)     (482 )     515       (1,662 )     (1,588 )
    Depreciation and amortization     9,006       10,270       18,081       20,500  
    EBITDA     12,134       16,349       20,260       25,271  
    Loss on debt extinguishment     –       –       862       –  
    Stock based compensation     371       548       609       923  
    Other expense (income), net     (4 )     (7 )     (18 )     (24 )
    Other adjustments(1)     162       581       87       2,894  
    Adjusted EBITDA   $ 12,663     $ 17,471     $ 21,800     $ 29,064  
                                     
    U.S. Concrete Waste Management Services                                
    Net income (loss)   $ 1,202     $ 1,065     $ 1,426     $ (172 )
    Interest expense and amortization of deferred financing costs, net of interest income     2,369       1,566       4,141       3,323  
    Income tax expense     332       1,067       415       1,982  
    Depreciation and amortization     2,651       2,120       4,927       4,180  
    EBITDA     6,554       5,818       10,909       9,313  
    Loss on debt extinguishment     –       –       530       –  
    Stock based compensation     167       189       296       350  
    Other expense (income), net     (12 )     –       (14 )     (10 )
    Other adjustments     (54 )     (67 )     (20 )     774  
    Adjusted EBITDA   $ 6,655     $ 5,940     $ 11,701     $ 10,427  
                                     
    (1) Other adjustments include the adjustment for non-recurring expenses and non-cash currency gains/losses. For the six months ended April 30, 2024, other adjustments includes a $3.5 million non-recurring charge related to sales tax litigation.
     
        Three Months Ended April 30,     Six Months Ended April 30,  
    (dollars in thousands)   2025     2024     2025     2024  
    U.K. Operations                                
    Net income   $ 395     $ 1,044     $ 612     $ 1,527  
    Interest expense, net     714       680       1,433       1,389  
    Income tax expense     148       598       209       775  
    Depreciation and amortization     1,927       1,849       3,776       3,657  
    EBITDA     3,184       4,171       6,030       7,348  
    Other expense (income), net     (12 )     (37 )     (30 )     (50 )
    Other adjustments     7       3       7       41  
    Adjusted EBITDA   $ 3,179     $ 4,137     $ 6,007     $ 7,339  
                                     
    Other                                
    Net income   $ –     $ –     $ –     $ 130  
    EBITDA     –       –       –       130  
    Change in fair value of warrant liabilities     –       –       –       (130 )
    Adjusted EBITDA   $ –     $ –     $ –     $ –  
                                     
     
    Concrete Pumping Holdings, Inc.
    Reconciliation of Net Debt
                                   
        April 30,     July 31,     October 31,     January 31,     April 30,  
    (in thousands)   2024     2024     2024     2025     2025  
    Senior Notes     375,000       375,000       375,000       425,000       425,000  
    Revolving loan draws outstanding     16,428       –       20       –       –  
    Less: Cash     (17,956 )     (26,333 )     (43,041 )     (85,132 )     (37,788 )
    Net debt   $ 373,472     $ 348,667     $ 331,979     $ 339,868     $ 387,212  
                                             
     
    Concrete Pumping Holdings, Inc.
    Reconciliation of Historical Adjusted EBITDA
                                           
    (dollars in thousands)   Q1 2024     Q2 2024     Q3 2024     Q4 2024     Q1 2025       Q2 2025  
    Consolidated                                                
    Net income (loss)   $ (3,826 )   $ 3,046     $ 7,560     $ 9,427     $ (2,639 )   $ (4 )
    Interest expense and amortization of deferred financing costs     6,463       6,873       6,261       5,976       5,802       8,294  
    Income tax expense (benefit)     (1,011 )     2,180       3,081       3,854       (1,036 )     (2 )
    Depreciation and amortization     14,097       14,239       14,491       14,283       13,200       13,584  
    EBITDA     15,723       26,338       31,393       33,540       15,327       21,872  
    Transaction expenses     –       –       –       –       –       –  
    Loss on debt extinguishment     –       –       –       –       1,392       –  
    Stock based compensation     536       737       644       477       367       538  
    Change in fair value of warrant liabilities     (130 )     –       –       –       –       –  
    Other expense (income), net     (39 )     (44 )     (276 )     (47 )     (34 )     (28 )
    Other adjustments(1)     3,191       517       (123 )     (290 )     (41 )     115  
    Adjusted EBITDA   $ 19,281     $ 27,548     $ 31,638     $ 33,680     $ 17,011     $ 22,497  
                                                     
    (1) Other adjustments include the adjustment for non-recurring expenses and non-cash currency gains/losses. For the first quarter of fiscal year 2024, other adjustments includes a $3.5 million non-recurring charge related to sales tax litigation.
     

    The MIL Network –

  • MIL-OSI: Byrna Technologies Announces Preliminary Fiscal Second Quarter Record Revenues of $28.5 Million

    Source: GlobeNewswire (MIL-OSI)

    ANDOVER, Mass., June 05, 2025 (GLOBE NEWSWIRE) — Byrna Technologies Inc. (“Byrna” or the “Company”) (Nasdaq: BYRN), a technology company, specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today announced select preliminary financial results for the fiscal second quarter ended May 31, 2025.

    Preliminary Second Quarter Results
    Based on preliminary unaudited results, Byrna expects total revenue for the fiscal second quarter of 2025 to be $28.5 million, representing a 41% increase from $20.3 million in the fiscal second quarter of 2024. The record Q2 performance was driven by strong early demand for the new Byrna Compact Launcher (CL), which launched on May 1, along with meaningful channel expansion.

    E-commerce sales grew 15% year-over-year, supported by growing brand recognition and an increasingly balanced channel mix.

    Dealer sales rose 106% year-over-year to $7.5 million, driven by early success in the Company’s partnership with Sportsman’s Warehouse, which soft-launched Byrna products in select stores during the second quarter. As of quarter-end, the program had rolled out an initial group of stores featuring shop-in-shop formats, with in-store ‘Byrna Genius’ installations expected to begin in July to support continued growth and deepen in-store engagement. Growth in the dealer channel also reflected continued momentum from Byrna’s traditional distributor network.

    International sales rose 86%, including approximately $800,000 in royalty revenue from Byrna LATAM, which is up from a negligible base in the prior year period.

    To ensure sufficient supply for the CL launch and build inventory across product lines, Byrna produced 38,237 Compact Launchers in the quarter, contributing to a total of 63,835 launchers manufactured.

    Management Commentary
    “We are continuing to raise the bar at Byrna and are encouraged with our ability to generate a record $28.5 million in revenue for the second quarter,” said Byrna CEO Bryan Ganz. “While we saw softness in overall consumer spending throughout the quarter, the launch of the CL and sustained expansion of our total addressable market helped drive a 41% year-over-year increase in revenue. This success is a testament to the growing strength of our brand and the innovation behind the CL.

    “Over the past six months, we’ve steadily ramped production to support a successful launch of the CL. With the rollout now underway and a healthy inventory of SD and LE launchers in place, we are transitioning to a steady-state production cadence of 15,000 launchers per month. Combined with the ramping Sportsman’s Warehouse partnership and an expanded influencer roster—including the recent addition of Tucker Carlson—we’re well positioned to maintain momentum through the second half of 2025 and beyond.”

    Preliminary Fiscal Second Quarter 2025 Sales Breakdown:

    Sales Channel ($ in millions) Q2 2025
    		 Q2 2024
    		 % Change
    Web 16.6   14.4   15%
    Byrna Dedicated Dealers 7.5   3.6   106%
    Law Enforcement / Schools / Pvt Security 0.1   0.0   120%
    Retail Stores 0.8   0.2   223%
    International 3.6   1.9   86%
    Total Sales 28.5   20.3   41%


    Conference Call
    Byrna plans to report its full financial results for the fiscal second quarter in July, which will be accompanied by a conference call to discuss the results and address questions from investors and analysts. The conference call details will be announced prior to the event.

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

    Forward-Looking Statements
    This news release contains “forward-looking statements” within the meaning of the securities laws. All statements contained in this news release, other than statements of current and historical fact, are forward-looking. Often, but not always, forward-looking statements can be identified by the use of words such as “plans,” “expects,” “intends,” “anticipates,” and “believes” and statements that certain actions, events or results “may,” “could,” “would,” “should,” “might,” “occur,” “be achieved,” or “will be taken.” Forward-looking statements include descriptions of currently occurring matters which may continue in the future. Forward-looking statements in this news release include, but are not limited to, our statements related to preliminary revenue results for the second fiscal quarter 2025, the timing of the release of full financial results for the quarter, expectations for future sales growth and demand trends, the impact of marketing strategies, the anticipated performance of new products and retail store expansion, and the Company’s ability to sustain momentum throughout 2025. Forward-looking statements are not, and cannot be, a guarantee of future results or events. Forward-looking statements are based on, among other things, opinions, assumptions, estimates, and analyses that, while considered reasonable by the Company at the date the forward-looking information is provided, inherently are subject to significant risks, uncertainties, contingencies, and other factors that may cause actual results and events to be materially different from those expressed or implied.

    Any number of risk factors could affect our actual results and cause them to differ materially from those expressed or implied by the forward-looking statements in this news release, including, but not limited to, disappointing market responses to current or future products or services; prolonged, new, or exacerbated disruption of the Company’s supply chain; the further or prolonged disruption of new product development; production or distribution or delays in entry or penetration of sales channels due to inventory constraints, competitive factors, increased shipping costs or freight interruptions; prototype, parts and material shortages, particularly of parts sourced from limited or sole source providers; determinations by third party controlled distribution channels not to carry or reduce inventory of the Company’s products; determinations by advertisers to prohibit marketing of some or all Byrna products; the loss of marketing partners or endorsers; potential cancellations of existing or future orders including as a result of any fulfillment delays, introduction of competing products, negative publicity, or other factors; product design defects or recalls; litigation, enforcement proceedings or other regulatory or legal developments; changes in consumer or political sentiment affecting product demand; regulatory factors including the impact of commerce and trade laws and regulations; import-export related matters or tariffs, sanctions or embargos that could affect the Company’s supply chain or markets; delays in planned operations related to licensing, registration or permit requirements; and future restrictions on the Company’s cash resources, increased costs and other events that could potentially reduce demand for the Company’s products or result in order cancellations. The order in which these factors appear should not be construed to indicate their relative importance or priority. We caution that these factors may not be exhaustive; accordingly, any forward-looking statements contained herein should not be relied upon as a prediction of actual results. Investors should carefully consider these and other relevant factors, including those risk factors in Part I, Item 1A, (“Risk Factors”) in the Company’s most recent Form 10-K, should understand it is impossible to predict or identify all such factors or risks, should not consider the foregoing list, or the risks identified in the Company’s SEC filings, to be a complete discussion of all potential risks or uncertainties, and should not place undue reliance on forward-looking information. The Company assumes no obligation to update or revise any forward-looking information, except as required by applicable law.

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

    The MIL Network –

  • MIL-OSI: Oportun Completes $439 Million Asset Backed Securitization

    Source: GlobeNewswire (MIL-OSI)

    SAN CARLOS, Calif., June 05, 2025 (GLOBE NEWSWIRE) — Oportun (Nasdaq: OPRT), a mission-driven financial services company, today announced the issuance of $439 million of two-year revolving fixed rate asset-backed notes secured by a pool of unsecured and secured installment loans.

    The offering included five classes of fixed rate notes: Class A, Class B, Class C, Class D, and Class E. Fitch rated all classes of notes, assigning ratings of AAA, AA-, A-, BBB-, and BB-, respectively. Goldman Sachs & Co. LLC served as the sole structuring agent and co-lead, and Deutsche Bank Securities Inc., Jefferies and Natixis Corporate & Investment Banking also served as co-leads.

    The weighted average coupon on the transaction was 5.57%, and the weighted average yield was 5.67%. The Class A notes were priced with a coupon of 4.88% per annum; the Class B notes were priced with a coupon of 5.28% per annum; the Class C notes were priced with a coupon of 5.52% per annum; the Class D notes were priced with a coupon of 6.45% per annum; and the Class E notes were priced at 98.95% with a coupon of 9.40% and a yield of 10.19% per annum.

    “This transaction marks an important milestone for Oportun and reflects a growing recognition of the strength and resilience of our business. Achieving our first AAA rating demonstrates how far we’ve come in expanding access to affordable credit,” said Paul Appleton, Interim Chief Financial Officer at Oportun. “The 5.67% yield on this bond issuance was 1.28% lower than our prior ABS transaction in January, reflecting robust investor demand and creating greater efficiency and value — both for Oportun and for the members we serve.”

    For more information visit oportun.com. The notes were offered pursuant to Rule 144A under the Securities Act of 1933, as amended.

    This press release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

    About Oportun
    Oportun (Nasdaq: OPRT) is a mission-driven financial services company that puts its members’ financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $20.3 billion in responsible and affordable credit, saved its members more than $2.4 billion in interest and fees, and helped its members set aside an average of more than $1,800 annually. For more information, visit Oportun.com.

    Investor Contact
    Dorian Hare
    (650) 590-4323
    ir@oportun.com

    Media Contact
     Michael Azzano
    Cosmo PR for Oportun
    (415) 596-1978
     michael@cosmo-pr.com

    The MIL Network –

  • MIL-OSI: “America’s AI Arsenal Just Went Live”: AI Insider Briefs Public on Secret Supercomputer Built by Musk

    Source: GlobeNewswire (MIL-OSI)

    BALTIMORE, June 05, 2025 (GLOBE NEWSWIRE) — A newly surfaced report from bestselling author and tech insider James Altucher outlines the existence of a massive U.S.-based artificial intelligence weapon — one that could redefine America’s global standing in the AI arms race.

    According to Altucher, the project — code-named Project Colossus — is being built by Elon Musk’s company xAI, in coordination with recent policy changes made by the Trump administration. Housed in a low-profile facility in Memphis, Tennessee, Altucher says this machine is already operational — and growing more powerful by the day.

    “The Fastest Supercomputer on the Planet”

    The briefing claims the facility is equipped with 200,000 cutting-edge AI chips, making it the most powerful computing center in the Western Hemisphere.

    “It contains not just one or two… but 200,000 units of Nvidia’s all-powerful AI chips… making it the most advanced AI facility known to man.”

    “The fastest supercomputer on the planet.” — Jensen Huang, Nvidia CEO

    Altucher notes that Musk plans to expand this further in the coming weeks, with rumors of additional hardware that could multiply its power tenfold.

    Trump Cleared the Runway

    The report links the timing of Project Colossus to a major political shift. On Day 1 of his second term, Donald Trump reversed Biden-era restrictions on AI development.

    “In one of his FIRST acts as President… Donald Trump overturned Executive Order #14110.”

    Altucher claims this decision allowed developers like Musk to operate “without red tape or delay” — accelerating America’s path toward dominance in the next generation of AI systems.

    Altucher: This Is “Artificial Superintelligence”

    Altucher describes this moment not as another software release — but a seismic shift in how technology operates.

    “This second wave of ARTIFICIAL SUPERINTELLIGENCE… Will rival all of the great innovations of the past. Electricity… the wheel… even the discovery of fire.”

    His report urges Americans to understand what’s unfolding — not just in Silicon Valley, but in unmarked warehouses like the one now powering Project Colossus.

    About James Altucher

    James Altucher is a computer scientist, entrepreneur, and author who has worked on AI projects for over 40 years. A former IBM consultant and Wall Street technologist, he now focuses on breaking down emerging tech developments for a general audience. His latest briefing examines how Artificial Superintelligence is reshaping U.S. strategy and infrastructure.

    Media Contact:
    Derek Warren
    Public Relations Manager
    Paradigm Press Group
    Email: dwarren@paradigmpressgroup.com

    The MIL Network –

  • MIL-OSI: Binah Capital Group Announces PKS Investments as Finalist in Two Categories for the 2025 Wealth Management Industry Awards

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) — Binah Capital Group, Inc. (“Binah Capital”) (NASDAQ: BCG), a financial services enterprise supporting the growth of independent financial advisors, today announced that PKS Investments (“PKS”), a Binah Capital Group company, has been named a finalist in two categories for the prestigious 2025 Wealth Management Industry Awards (“The Wealthies”). The categories are Transition Support / Transition Services, recognizing PKS’s excellence in advisor transition solutions, and Chief Executive Officer of the Year, recognizing Katherine Flouton, CEO of PKS Investments.

    This dual recognition underscores Binah’s unmatched commitment to leadership and operational excellence in supporting independent financial advisors through critical growth and transition stages.

    With decades of experience and a proven, scalable process, PKS has successfully supported thousands of advisor transitions, helping firms navigate change with confidence, clarity, and continuity. Through high-touch service model, operational excellence, and strategic leadership, PKS has redefined the benchmark for transition support within the wealth management industry.

    “We are incredibly proud to see Katherine Flouton and PKS Investments recognized among the industry’s top innovators,” said Craig Gould, Chief Executive Officer of Binah Capital Group. “These nominations reflect our unwavering commitment to empowering independent advisors with the leadership, infrastructure, and flexibility they need to thrive in an evolving landscape.”

    Now in its 11th year, the Wealth Management Industry Awards is the only awards program of its kind to honor outstanding achievements by companies, organizations and individuals that support financial advisor success.

    A panel of judges made up of top names in the industry, led by WealthManagement.com director of editorial strategy and operations David Armstrong, chose the finalists and will determine the winners, which each year recognizes the firms and individuals who are bringing new innovations to market that make a real difference to the daily activities of financial advisors. Winners will be announced at a gala and awards ceremony in New York City on September 4th.

    About Binah Capital Group
    Binah Capital Group (“Binah Capital”, “Binah” or the “Company,” is a financial services enterprise that owns and operates a network of industry-leading firms that empower independent financial advisors. As a national broker-dealer aggregator, Binah specializes in delivering value through its innovative hybrid-friendly model, making it an optimal platform for RIAs navigating today’s complex financial landscape. Binah’s portfolio companies are built to help advisors run, manage, and execute commission-based business seamlessly while providing best in class resources to support their advisory practice. We don’t just offer tools—we cultivate partnerships. Binah Capital Group stands alongside RIAs as a trusted ally, delivering the structure, flexibility, and cutting-edge solutions they need to succeed in an increasingly competitive marketplace. For more, please visit: www.binahcap.com.

    About Purshe Kaplan Sterling Investments
    Purshe Kaplan Sterling Investments (PKS) is a leading independent broker-dealer offering comprehensive support services for financial advisors nationwide. PKS’s flexible affiliation models, operational precision, and client-first philosophy enable advisors to deliver outstanding service while growing their businesses with confidence.

    Contact:

    Binah Capital Investor Relations
    ir@binahcap.com

    Binah Capital Public Relations
    media@binahcap.com

    The MIL Network –

  • MIL-OSI: Arovia Returns to Kickstarter with the Splay Max – The Ultimate Portable 2-in-1 Display and Projector

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, June 05, 2025 (GLOBE NEWSWIRE) — Arovia, the Texas-based innovators behind the award-winning, patent-granted Splay portable display, is back with a bigger, bolder sequel: Splay Max. Launching today on Kickstarter, Splay Max is a fully collapsible, ultra-portable 2-in-1 device that functions as both a full HD display and a high-performance projector, delivering large-screen impact for work, play, and everything in between.

    Building on community feedback from the original Splay, Arovia designed the Splay Max with a dramatically 2x, larger 35-inch screen in display mode and up to 100 inches in projector mode, all while folding down to the size of a headphone case. For the next 45 days, backers can secure Splay Max on Kickstarter for just $799, a nearly 50% discount from its anticipated $1,499 retail price.

    “Our original backers shaped the future of portable displays,” said Alex Wesley, CEO and Co-Founder of Arovia. “They told us what they needed: something bigger, just as portable, and even more versatile. We listened, we engineered, and now we’re thrilled to bring Splay Max to life.”

    Splay Max is more than just a bigger screen. It’s an ultra-portable, collapsible solution that offers:

    • 35” Full HD Display Mode (1920×1080 resolution)
    • Projector Mode up to 80” with auto keystone correction
    • Ultra-portable and collapsible form factor
    • Built-in speakers and rechargeable battery
    • Glare-free, low blue light award-winning nanomaterial screen for eye comfort
    • Tripod compatible for flexible projector setups

    Designed for both professionals and everyday users, Splay Max is ideal for business presentations, government field work, remote collaboration, digital nomad setups, camping trips, outdoor movies, and portable gaming.

    Arovia is inviting early adopters, tech lovers, and mobile professionals to be among the first to experience Splay Max by backing the project on Kickstarter before the campaign ends in mid-July

    To back the project or learn more, visit: www.arovia.com

    Kickstarter link: https://www.kickstarter.com/projects/splaydisplay/1610772056?ref=d3dc3n&token=3198e2b6

    YouTube: @splay2182

    For press inquiries or review units, please contact:

    Chris Herbert
    Pendulum PR
    cherbert@pendulum-pr.com
    614-448-8703

    A video accompanying this release is available here: https://www.globenewswire.com/NewsRoom/AttachmentNg/98f6cfc2-96b4-4b9c-9b79-1296e8aba35f

    The MIL Network –

  • MIL-OSI: GUARDIENT® Aligns with New CISA and ACSC Guidance on SIEM and SOAR Implementation

    Source: GlobeNewswire (MIL-OSI)

    VIENNA, Va., June 05, 2025 (GLOBE NEWSWIRE) — Today, USX Cyber® announced that its flagship Guardient®, a Unified Security Platform, already aligns with the core recommendations released by the U.S. Cybersecurity and Infrastructure Security Agency (CISA) and the Australian Cyber Security Centre (ACSC) on effective Security Information and Event Management (SIEM) and Security Orchestration, Automation, and Response (SOAR) implementations.

    Last week’s joint guidance from the two agencies emphasizes log prioritization, centralized visibility, incident response automation, and modular integration as foundational elements of a successful SIEM/SOAR deployment. These best practices have been embedded in the Guardient platform from day one.

    “It’s validating to see the public sector reinforcing what we’ve been delivering to private industry for years,” said Clyde W. Goldbach, Jr., President & CEO of USX Cyber. “Guardient was designed for visibility, speed, and actionability—core principles echoed in the CISA and ACSC release. We’re proud to help businesses of all sizes achieve compliance with these evolving expectations.”

    Guardient XDR combines real-time threat detection, automated response, and compliance-driven workflows in a single, lightweight platform. The solution is built for MSPs, compliance teams, and security teams seeking faster time to value, ease of use, and affordability without the bloat of traditional SIEMs or fragmented point solutions. Guardient’s key capabilities aligned with the new guidance include:

    • Cloud-Native Ingestion & Priority Log Filtering
    • Built-In SOAR for Instant Action & Ticket Enrichment
    • Modular Agent-Based Deployment for Mac, Linux, and Windows
    • Compliance-Centric Use Cases Across CMMC, HIPAA, and SOC 2
    • Integration with IoT, Firewall, Cloud, and Network Infrastructure Logs

    The newly released CISA/ACSC guidance is aimed at raising the security baseline for organizations across critical sectors. Guardient provides an accessible, battle-tested path to achieve that baseline today.

    About USX Cyber®

    USX Cyber® offers a unified cybersecurity solution that balances technical defense with audit-readiness. Its flagship platform, Guardient®, equips IT teams and service providers with an integrated suite that combines SIEM, SOAR, XDR, threat intelligence, and compliance automation in a single, easy-to-deploy solution.

    Media Contact:

    Megan Donovan
    External Communications Director
    USX Cyber, LLC
    megan@howllouder.com 
    732-245-3399

    The MIL Network –

  • MIL-OSI: 401(K) Plan Sponsors Expected to Favor Blend Target Date Funds, according to PIMCO Consultant Survey

    Source: GlobeNewswire (MIL-OSI)

    NEWPORT BEACH, Calif., June 05, 2025 (GLOBE NEWSWIRE) — Nearly two-thirds of institutional consultants and 80 percent of aggregators say they expect plan sponsors to increase their implementation of blend target date funds, retirement asset allocation vehicles that blend active and passive management approaches, according to the 19th Annual Defined Contribution (DC) Consulting Study conducted by PIMCO, a global leader in active fixed income with expertise across public and private markets.

    Institutional consultants and aggregators also said they plan to focus more research and ratings on blend TDFs; while aggregators, in particular, intend to significantly increase their focus on personalized TDFs, advisor managed accounts (AMAs) and dual qualified default investment alternatives, vehicles that start out as traditional TDFs and then transition to a more personalized solution as workers approach retirement.

    Additionally, in the next year, roughly half of the consultants surveyed and one-third of the aggregators said they expect sponsors to adopt private market investments within their asset allocation offerings, with private credit as the most likely option.

    PIMCO surveyed 35 consultants and advisory firms, who serve over 27,000 clients, as part of the firm’s effort to capture the breadth of views in the industry as well as services available amid rapidly changing demographics of plan participants. Published results were based on responses from firms with more than $8.8 trillion in DC assets under management.

    “We have seen the emergence of new themes in our survey as the industry continues to evolve,” said Rene Martel, Managing Director and PIMCO’s Head of Retirement. “This year, blend TDFs and private investments have joined other priorities as plan sponsors broaden their offering to address the diverse needs of their participants.”

    Other survey findings:

    • Incorporating Collective Investment Trusts (CITs) is the most common priority of sponsors, followed by evaluating both guaranteed and non-guaranteed retirement income strategies.
    • The overall number of fund options remains steady, with two-thirds, on average, focused on active management; consultant recommendations have a stronger bias towards active management in fixed income, capital preservation, and inflation mitigation.
    • DC plan offerings continue to evolve, with a shift from passive to active fixed income and from active to passive equity; there is also growing adoption of active multi-asset inflation strategies and removal of balanced funds.
    • Interest in multi-sector fixed income is increasing due to its potential to help savers accumulate wealth through a broader opportunity set, sector rotation, and potential for higher yield generation, along with aiming to produce consistent income generation to support retirees.
    • When evaluating tradeoffs of guaranteed income products, consultants have a strong preference for opt-in solutions that offer fee transparency, liquidity, and immediate income upon annuitization.

    A summary of the survey’s key findings can be found here: https://www.pimco.com/us/en/investment-strategies/dc-survey

    About the Survey
    In its 19th year, the PIMCO US Defined Contribution Consulting Study seeks to help consultants, advisors and plan sponsors understand the breadth of views and consulting services available within the defined contribution (DC) marketplace. Our 2025 study captures data, trends and opinions from 35 consulting and advisory firms who serve over 27,000 clients with aggregate DC assets in excess of $8.85 trillion as of the date survey responses were collected. All responses were collected from January 14 through March 10, 2025.

    About PIMCO 
    PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients’ capital across a range of fixed income and credit opportunities, drawing upon our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world’s largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.

    The survey results contain the opinions of the respondents at the time of the survey and may not reflect current opinions or investment strategies. These results may or may not match the views of PIMCO and are not intended to be reflective of PIMCO’s opinions on the market or any particular investment style or strategy. This material is distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed.

    Except for the historical information and discussions contained herein, statements contained in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, including the performance of financial markets, the investment performance of PIMCO’s sponsored investment products and separately managed accounts, general economic conditions, future acquisitions, competitive conditions and government regulations, including changes in tax laws. Readers should carefully consider such factors. Further, such forward-looking statements speak only on the date at which such statements are made. PIMCO undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements.

    Contact:
    Agnes Crane
    PIMCO – Media Relations
    Ph. 212-597-1054
    Email: agnes.crane@pimco.com

    The MIL Network –

  • MIL-OSI: FDA Approved Anticancer Peptide Drug Conjugate Market Clinical Trials Insight

    Source: GlobeNewswire (MIL-OSI)

    Delhi, June 05, 2025 (GLOBE NEWSWIRE) — Global Peptide Drug Conjugate Market, Drug Sales, Price, Dosage and Clinical Trials Insight 2030 Report Highlights:

    • Global Peptide Drug Conjugate Market Opportunity: > USD 1400 Million
    • Global Peptide Drug Conjugate Market Trends By Region and Indications
    • Global Peptide Drug Conjugate Market Growth 2018-2024: > 300% Absolute Growth and 27% CAGR Growth
    • Approved Peptide Drug Conjugate Dosage, Sales and Price Insight
    • Approved Peptide Drug Conjugate Sales Global and Regional Insight: 2 Drugs Approved
    • Global Peptide Drug Conjugate Clinical Trials Insight: > 30 Drugs
    • Global Peptide Drug Conjugates Clinical Trials Insight By Company, Country, Indication and Phase
    • Peptide Drug Conjugate Proprietary Technologies and Methodologies Insight By Company

    Download Report:
    https://www.kuickresearch.com/report-peptide-drug-conjugate-market-peptide-adc-market-anticancer-peptide-conjugate-clinical-trials

    Peptide drug conjugates constitute a novel category of targeted therapies that make use of disease-targeting peptides to specifically deliver small molecule drugs to the target cells. This blended strategy enables drugs to be targeted more precisely to ailing tissues, minimizing systemic toxicity and maximizing therapeutic benefit. With more than 30 peptide drug conjugates candidates now in different stages of clinical trials, the domain is accelerating at breakneck speed. Most of these candidates are being developed and evaluated for oncology, where the demand for highly targeted therapies is still paramount. Nonetheless, investigations have also been pushed into neurodegenerative disease and inflammatory disorders, which suggests a wider therapeutic scope for this modality.

    As of May 2025, 2 peptide drug conjugates have been approved by the regulators. Novartis’s Lutathera, a radiolabeled peptide for the treatment of gastroenteropancreatic neuroendocrine tumors (GEP-NETs), exemplifies the potential of targeted delivery in cancer. The second agent that has been approved, Pepaxti (melflufen), by Oncopeptides, is employed to treat multiple myeloma and demonstrates the utility of peptide to enhance the therapeutic index of known cytotoxic agents. All these achievements underscore the potential for peptide drug conjugates and have opened up doors for more firms to enter the pipeline for developing new candidates.

    Platform technologies are leading the way in driving peptide drug conjugate innovation. For example, PeptiDream’s PDPS (Peptide Discovery Platform System) leverages massive libraries of macrocyclic peptides to quickly find high-affinity binders. They are optimized as targeting agents in peptide drug conjugates, enabling more targeted drug delivery. By targeting cytotoxic payloads directly to disease-associated receptors, these technologies reduce off-target effects, improving efficacy and safety for patients. The growing use of such platforms by biotech companies and pharmaceutical companies highlights their significance in the present drug development scenario.

    Regulatory assistance is also supporting the development of peptide drug conjugates. Sudocetaxel zendusortide (TH1902), a peptide drug conjugate from Theratechnologies, was granted the Fast Track Designation by the FDA. This candidate has been designed against sortilin-expressing solid tumors and is undergoing Phase 1 clinical trials. As the first compound from Theratechnologies’ SORT1+ Technology™, it is an example of innovation in peptide targeting and an accelerated regulatory pathway that allows for accelerated development. Designations such as these not only support the therapeutic potential of these compounds but also foster investment and accelerate clinical advancement.

    The peptide drug conjugate field involves a diverse range of stakeholders, including major pharmaceutical companies like Novartis and Oncopeptides, as well as specialized biotechnology firms such as Bicycle Therapeutics and Theratechnologies. Additionally, contract development and manufacturing organizations (CDMOs) and contract research organizations (CROs) are increasingly becoming integral to the development process, providing essential services from early-stage discovery through to clinical and commercial manufacturing.

    In spite of this momentum, market hurdles exist. One major hindrance is the complexity of peptide drug conjugate manufacturing, which sometimes necessitates specialized facilities and intense quality control, potentially pushing up development expense. To overcome it, strategic alliances with seasoned CDMOs can streamline manufacturing and lower operational costs. Regulatory complexity regarding newer payloads or novel peptide-linker chemistries is another hurdle. Anticipation of the regulatory agencies through proactive interaction and utilization of existing designations can smooth over the complexity.

    Looking to the future, the prospects for peptide-drug conjugates are encouraging. As ever improving technology platforms advance and additional clinical information becomes available, peptide drug conjugates are destined to become a staple of targeted therapy, not just oncology, but perhaps a wide variety of chronic and orphan diseases.

    The MIL Network –

  • MIL-OSI: Truxton Elevates Banking Team Leaders in Recent Promotions

    Source: GlobeNewswire (MIL-OSI)

    NASHVILLE, Tenn., June 05, 2025 (GLOBE NEWSWIRE) — Truxton is pleased to announce the promotion of several distinguished members of its team, recognizing their outstanding contributions to the Truxton Banking team’s continued growth and success.

    Lindsey Heird, Lizzie McKeand, and William Benson have each been promoted to Senior Vice President, Truxton Banking. These veteran bankers have demonstrated exceptional leadership, deep industry expertise, and a continued dedication to the firm’s mission of delivering trusted financial guidance and personalized service.

    “It has been very rewarding over the last few years to watch each of these three bankers grow professionally and personally as they serve their clients and their fellow Truxton colleagues,” said Hank Stuart, Senior Managing Director of Truxton Banking. “All three work hard and enjoy their roles as trusted financial advisors. I am excited about the future of Truxton because of Lindsey, Lizzie, and William.”

    Lindsey Heird joined Truxton in 2014 as a credit analyst. Since 2015, she has operated as a relationship manager and banker providing depository and lending solutions for both individuals and businesses. Likewise, Lizzie McKeand began her career at Truxton in 2015. In 2019, she transitioned into a lending role serving wealthy families and their businesses. William Benson joined Truxton in June 2020 from CapStar Bank, where he served as Vice President of Private Banking and, before that, as a Healthcare Portfolio Manager. In these expanded leadership roles, these experienced bankers are responsible for the development and delivery of customized banking solutions for high-net-worth individuals, families, and organizations.

    Truxton is also pleased to announce the promotion of Joseph Staub, CRCM, to Vice President, Compliance. Mr. Staub joined Truxton in 2022 as a Credit Administrator before transitioning his role to focus on Compliance, overseeing and enhancing the bank’s compliance framework, ensuring regulatory excellence, and reinforcing Truxton’s commitment to integrity and sound governance. He holds accreditation from the American Bankers Association as a Certified Regulatory Compliance Manager.

    “Joseph has brought a high level of diligence, professionalism, and care to Truxton’s compliance program,” said Overton Colton, EVP, Chief Administrative and Risk Officer. “His thoughtful approach to regulatory matters and his ability to align compliance with our broader business goals make him an invaluable member of our team. We’re proud to recognize his contributions with this well-deserved promotion.”

    Additionally, Duncan McGinn has been promoted to Assistant Vice President, Truxton Banking, reflecting his strong performance and growing leadership within the organization. In addition to his role as a banker, he also serves as an Analyst for Truxton Capital Advisors, providing research and market analysis for the team.

    “Truxton is very blessed to have such wonderful people working hard here every day to help us do the right thing for each and every client,” said Tom Stumb, CEO and Chairman of Truxton. “Each one of these officer promotions are well-deserved and reflect our company’s commitment to deliver sound, thoughtful financial advice to our clients, now and always.”

    About Truxton
    Truxton is a premier provider of wealth, banking, and family office services for wealthy individuals, their families, and their business interests. Serving clients across the world, Truxton’s vastly experienced team of professionals provides customized solutions to its clients’ complex financial needs. Founded in 2004 in Nashville, Tennessee, Truxton upholds its original guiding principle: do the right thing. Truxton Trust Company is a subsidiary of financial holding company, Truxton Corporation (OTCPK: TRUX). For more information, visit truxtontrust.com.

    The MIL Network –

  • MIL-OSI: BlueCat highlights the next generation of Intelligent Network Operations solutions at Cisco Live

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, June 05, 2025 (GLOBE NEWSWIRE) — BlueCat Networks, a leading provider of Intelligent Network Operations solutions that help organizations modernize, optimize, and secure their network infrastructure, is proud to be the first vendor to market with a suite of products aimed at making networks more agile so that companies can focus on innovation. At Cisco Live, BlueCat will unveil the next generation of its Unified DDI platform, Integrity X, as well as other exciting updates to its industry-leading product set. Additionally, BlueCat will introduce a new certified Cisco Splunk application for its network observability and intelligence solutions, LiveWire and LiveNX.

    Accelerate network transformation

    Organizations need networks that change fast. However, increased complexity and legacy solutions create unnecessary drag. When the network is slow to deliver, organizations struggle to create memorable customer experiences, proactively detect and mitigate cyber threats, and harness the benefits of cloud and artificial intelligence.
      
    Intelligent NetOps is an integrated portfolio of network infrastructure services. It discovers and enables network access, automates provisioning and workflows, captures and analyzes operational data, and continuously optimizes and secures the network across hybrid and multicloud environments.

    “A key challenge faced by networking teams is to efficiently and effectively manage disparate infrastructure across multiple environments while ensuring high levels of security and user experience,” said Brandon Butler, IDC Senior Research Manager for Enterprise Networks. “BlueCat’s DDI management and network observability solutions help teams overcome these challenges by providing intelligent visibility and analytics, which can be correlated with changes occurring across the network and on individual devices, enabling teams to maintain reliability and accelerate transformation initiatives.”

    BlueCat launches Integrity X: The future of enterprise DDI

    Integrity X redefines how enterprise network teams automate and manage core DNS, DHCP, and IP address management (DDI) infrastructure. Built on a modern React framework and with an API-first design that leverages the same OpenAPI interface customers already use for automation, this release introduces a fully reimagined user experience—engineered to streamline workflows, strengthen security posture, and accelerate innovation across hybrid environments.
      
    “These enhancements are exactly what enterprise teams need,” said a senior developer of system design and architecture engineering at a large health care data provider. “BlueCat is listening, solving real-world DDI challenges, and enabling agile network infrastructure.”

    A next-generation DDI platform for modern networks

    Integrity X delivers unmatched scalability, performance, accessibility, and extensibility—bringing together everything network teams need in a single, unified DDI solution:

    • Unified by design: A cohesive platform experience that feels fast, seamless, and intuitive—tailored to the needs of today’s dynamic enterprise environments.
    • API-first innovation: Built on a fully RESTful API that is OpenAPI 3.0 compliant, enabling rapid feature delivery, seamless integration, and long-term extensibility for automation-driven organizations.
    • Accessibility for all: WCAG 2.1 AA-compliant by design, with high-contrast visuals, full keyboard navigation, and screen reader support—ensuring inclusive access for all users.
    • Multi-language support: Global-ready with localization in English, German, French, Spanish, Portuguese, Chinese, and Japanese.
    • Real-time visibility: Always-on monitoring and a powerful new appliance metrics dashboard, based on open-source Prometheus, give teams instant insight into DNS, DHCP, and IPAM health—enabling proactive operations and faster troubleshooting.  

    “Integrity X provides a modern, standards-based path forward for customers who want control,” said Scott Fulton, Chief Product and Technology Officer at BlueCat. “New customers are relieved with the low-risk migration from other solutions, and existing customers have already been impressed with the ease of automation, scalability, and flexibility of the platform.”

    BlueCat enriches Splunk integration and DNS and DHCP health analysis

    BlueCat now provides NOC and SOC Dashboards to diagnose performance and security issues in your network with an improved certified Splunk application:

    • LiveWire captures, analyzes, and simultaneously streams enriched security and performance telemetry from your network to Splunk and LiveNX.
    • LiveNX continuously analyzes enriched telemetry, SNMP, and API data for security indicators and network anomalies and sends alerts to Splunk to help in threat hunting and resolving anomalies.
    • LiveNX alerting engine sends security indicators and network anomalies to Splunk, aiding in threat hunting or resolving anomalies.
    • BlueCat’s Splunk crosslink capabilities enable quick packet or flow diagnostic research all from within Splunk.

    LiveWire and LiveNX 25.1 releases include additional instrumentation for DNS and DHCP, as well as automated troubleshooting for routine runtime, performance, and security issues surrounding these mission-critical services.

    Micetro is now available on Cisco’s Global Price List (GPL)

    BlueCat also announced that Micetro, an intuitive universal DDI orchestration solution, is available on the Cisco GPL. Micetro seamlessly integrates with Meraki, delivering improved IPAM visibility and DHCP orchestration. Expanded availability streamlines procurement for customers and partners. It showcases BlueCat and Cisco’s commitment to enhancing network operations with integrated solutions.

    About BlueCat
    BlueCat’s Intelligent Network Operations (NetOps) provide the analytics and intelligence needed to enable, optimize, and secure the network to achieve business goals. With an Intelligent NetOps suite, organizations can more easily change and modernize their network as business requirements demand. BlueCat’s growing portfolio includes unified core network services, security and compliance, as well as network observability and intelligence. These solutions can be deployed in hybrid or multicloud environments, in the data center, at remote or branch locations, and via SD-WAN. BlueCat’s Intelligent NetOps solutions have been recognized by GigaOm as market leaders in their 2025 Radar Report for Network Observability and their 2024 Radar Report for DDI. BlueCat is headquartered in Toronto and New York, with additional offices in the United States, France, Germany, Iceland, Japan, Singapore, Serbia, and the United Kingdom. Learn more at bluecat.com.

    The MIL Network –

  • MIL-OSI: BCMI and XBE Announce Merger to Drive the Future of Technology in Heavy Materials and Construction

    Source: GlobeNewswire (MIL-OSI)

    The technology leaders have strategically combined their heavy materials and construction software into one powerful, integrated system – from raw materials to job site and customer experience.

    REDMOND, Wash., June 05, 2025 (GLOBE NEWSWIRE) — BCMI Corp. and XBE, trusted technology leaders in the heavy construction materials industry, are excited to announce their merger. The strategic move positions the combined company as the most comprehensive software provider in the market, with an unparalleled range of capabilities spanning ready mixed concrete, aggregates, asphalt, cement, heavy construction and heavy logistics — all supported by cloud-native, mobile-friendly, AI-enabled technology.

    Individually, each company has collaborated directly with industry thought leaders to develop widely adopted, purpose-built software. Together, the combined entity will immediately expand on existing product integrations and the companies will leverage their strengths, teams and processes to deliver more value to the industry, faster. 

    “We are truly creating a powerhouse of innovation,” says Craig Yeack, Founder and President of BCMI. “XBE and BCMI grew market share and revenue at stellar rates in 2024, propelled by their respective value delivery of critical industry technology. Our shared North Star is to accelerate the creation of cutting-edge business-critical tools for the entire industry, specifically harnessing AI.” 

    The merger is especially impactful for heavy materials producers with multiple lines of business, who will now benefit from an integrated, cloud-based platform that spans production, dispatch, logistics, jobsite delivery and customer experience. Materials producers will be able to leverage a full product suite that connects the proven solutions they already use — BCMI Ready-Mix Dispatch, Material Pro, Material Now and XBE — plus jointly developed offerings.   

    Yeack will serve as President of BCMI, and Sean Devine, Founder and CEO of XBE, will serve as CEO of the combined entity. Together, they will lead a team of more than 100 industry experts committed to driving meaningful innovation for producers, contractors and suppliers across North America.

    “Nearly half of XBE’s customers are already in the ready-mix space,” says Devine. “Joining forces with BCMI—the market leader in ready-mixed concrete technology—allows us to better serve this strategic segment with a unified, future-ready platform.”

    As part of their commitment to the industry, XBE and BCMI will maintain their focus on customer collaboration, open APIs and cloud-native, mobile-friendly technology. Enhanced offerings from the combined roadmap will be released incrementally, giving customers full control over their adoption timelines.

    Together, XBE and BCMI are building the future of heavy materials and construction technology: unified, AI-powered and customer-first.

    About BCMI 

    BCMI Corp.’s cloud-based, mobile software empowers producers of concrete, aggregates, asphalt and cement to improve business processes and strengthen customer relationships. The BCMI Platform includes concrete dispatch, CRM & quoting, invoicing, mix management, performance analytics, mobile apps for producers and contractors, eTicketing, eOrders, and ProPilot AI solutions. BCMI’s performance analytics, interactive communication tools and AI-assisted solutions keep materials producers and contractors aligned with real-time business solutions. For more on BCMI Cloud-Based Dispatch, Material Pro and Material Now apps, visit www.bcmicorp.com. 

    About XBE
    XBE’s mission is to integrate the physical and financial operations of heavy construction, bulk logistics, and bulk materials. With XBE, customers maximize profitability, reinvest in growth, and scale with confidence. XBE provides a comprehensive operations management platform that includes scheduling and resource planning, financial management, dispatch and logistics optimization, rate agreements, materials and inventory management, reporting and analytics, compliance monitoring, and collaboration tools. XBE platform products include PriceBee (pricing and quoting) and Gauge (equipment asset utilization). For more information, visit www.x-b-e.com.

    Media contact

    Jennifer Jensen
    PR & Media Specialist, BCMI Corp.
    jennifer.jensen@bcmicorp.com 

    The MIL Network –

  • MIL-OSI: Radcred Relaunches Personal Loan Marketplace to Expand Access for U.S. Borrowers With No Credit Check

    Source: GlobeNewswire (MIL-OSI)

    Glendale, June 05, 2025 (GLOBE NEWSWIRE) — Disclaimer: RadCred is not a lender and does not make credit or underwriting decisions. It is a personal loan marketplace that connects applicants with a network of licensed third-party lenders. Loan terms, rates, and approval times vary by lender and are not guaranteed by RadCred. Submitting a loan request does not guarantee approval or funding. All financial decisions should be made with care and reviewed with a financial advisor if needed. Availability of loan products may vary by state. RadCred does not charge users any fees for using the platform.

    The revamped platform aims to simplify access to personal loans by bridging the gap between consumers and vetted lenders nationwide.

    RadCred, a U.S.-based digital platform, has relaunched as a full-service personal loan marketplace. The redesigned site is built to improve access to unsecured loans and streamline connections between borrowers and direct lenders. The update expands the company’s ability to serve applicants across a wide credit spectrum, including those with bad credit scores.

    The revised platform introduces tools that allow users to submit a single application to access offers from multiple licensed lenders. Borrowers can now explore options for same-day loans, quick loan approvals, and even no credit check personal loans. This format simplifies the application process while giving consumers more control over their borrowing decisions.

    “We wanted to create a space where users, regardless of credit score, can view and compare real offers from verified lenders,” said Lara Smith, Senior Accounting Executive of RadCred. “This relaunch reflects our commitment to transparency and efficiency in personal lending.”

    Key Features of the Updated Platform

    The revamped RadCred platform introduces key features aimed at improving borrower access, especially for those seeking quick loan approval, no credit check options, or support with bad credit, while simplifying comparisons and accelerating the overall lending process.

    Broader Loan Options
    RadCred now supports unsecured personal loans ranging from $300 to $35,000. These include emergency cash advances, short-term installment plans, and options suited for debt consolidation or education-related needs. Borrowers can use the same platform to access small urgent loans or explore longer repayment terms.

    Support for Borrowers with Bad Credit
    RadCred’s network includes lenders who consider income and employment status rather than only credit score. The updated platform highlights no credit check loan categories and bad credit loan filters, enabling users to find potential options even if they have limited credit history.

    Soft Credit Inquiries
    Applicants using RadCred undergo only a soft credit check at the pre-qualification stage. This approach does not affect their credit score and helps determine basic eligibility before a formal application. Users can explore instant loan offers without risk to their credit report.

    Streamlined Application Process
    Borrowers submit a single digital application, which is securely shared with multiple lenders in RadCred’s network. The platform then presents loan offers side by side, including interest rates, fees, and repayment terms. This system allows users to evaluate multiple personalized offers efficiently.

    Faster Approval and Disbursement
    Many lenders in RadCred’s network offer quick loan approval and same day funding for eligible applicants. Those who accept an offer early in the day may receive funds in their account by the evening or the next business morning.

    Digital Lending in the Current Market

    The relaunch of RadCred comes at a time when more Americans are turning to online platforms for personal finance solutions. Rising living costs and higher interest rates on credit cards have driven demand for alternative forms of credit. According to industry reports, unsecured personal loan balances reached $232 billion in the U.S. by the end of 2023.

    Online lending has grown significantly, with platforms that offer digital-first tools and inclusive criteria gaining momentum. Consumers are seeking options that support quick access, straightforward application processes, and transparent terms, particularly those that accommodate borrowers with bad credit scores or limited borrowing history.

    RadCred’s upgraded interface addresses these needs by focusing on ease of use and lender accessibility. The company’s role as a marketplace, not a lender, ensures that users can compare multiple products in one place without bias toward a single provider.

    Roadmap and Future Development

    Looking ahead, RadCred plans to introduce additional resources for borrowers. Planned updates include:

    • AI-powered matching tools for better loan-personalization
    • Educational content about managing loan repayments
    • Partnerships with credit unions and local banks to expand lender coverage

    These changes are designed to continue improving access and supporting informed borrowing personal loan decisions.

    About RadCred

    RadCred is a personal loan marketplace based in Glendale, California. The platform connects applicants with a network of licensed lenders offering unsecured loan products. These include personal loans, emergency loans, and installment loan plans tailored to a range of credit backgrounds. RadCred is not a lender and does not make credit decisions. Its goal is to simplify the loan search process and help borrowers compare offers efficiently.

    The MIL Network –

  • MIL-OSI: Ormat Technologies Announces Strategic Leadership Changes

    Source: GlobeNewswire (MIL-OSI)

    • ORMAT EXPANDS MANAGEMENT TEAM TO SUPPORT ELECTRICITY SEGMENT GROWTH AND EGS INITIATIVES
    • ARON WILLIS APPOINTED EXECUTIVE VICE PRESIDENT, ELECTRICITY SEGMENT
    • DANIEL MOELK APPOINTED SENIOR VICE PRESIDENT, RESOURCES, DRILLING, & EGS

    RENO, Nev., June 05, 2025 (GLOBE NEWSWIRE) — Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, is pleased to announce the appointment of two distinguished executives to its senior management team. These strategic appointments are poised to propel the next phase of the Company’s growth and enhance its operational excellence within the renewable energy sector.

    Aron Willis Appointed Executive Vice President, Electricity Segment

    Effective June 4, 2025, Aron Willis will assume the role of Executive Vice President, Electricity Segment at Ormat Technologies. In this capacity Aron will oversee the operations of the Electricity Segment, ensuring alignment with the Company’s strategic goals and financial targets. Aron will also be responsible for optimizing plant performance, implementing advanced AI tools, ensuring compliance with safety and environmental regulations, and driving continuous improvement initiatives to foster future growth.

    Aron brings over 25 years of extensive experience in the power generation industry, with a proven track record of leadership and financial and operational expertise. His career includes significant roles at TransAlta Corporation and Northwest Digital Power, where he demonstrated exceptional leadership in managing large-scale operations and driving substantial growth initiatives. At TransAlta Corporation, Aron held several senior leadership positions, including Executive Vice President of Project Delivery & Construction, Executive Vice President of Growth and Senior Vice President of Operations & Commercial Management. He also managed TransAlta’s Australian operations for 10 years, comprising approximately 500MW of generating capacity. Aron holds a Bachelor of Commerce degree with a major in Finance from the University of Calgary.

    Daniel Moelk Appointed Senior Vice President, Resources, Drilling & EGS

    In July 2025, Daniel Moelk will join Ormat as Senior Vice President, Resources, Drilling & EGS. Daniel will lead our Resources, Drilling, and EGS teams with a focus on implementing sophisticated processes and innovative technologies. His work will focus in part on creating efficiencies through the use and advanced AI tools and developing Ormat’s ongoing drilling and exploration global roadmap.

    Daniel brings nearly 18 years of valuable operations and drilling management experience within the geothermal industry. Most recently, Daniel served as the EVP of European Operations for Eavor Technologies Inc, a company focused on EGS development where he successfully executed some of the industry’s most challenging and complex drilling campaigns. Daniel has played pivotal roles in expanding geothermal drilling operations across his career, in particular at Steag GMBH, PT Sejahtera Alam Energy while he was located in Indonesia, Daldrup & Sohne AG, Mannvit Engineering Consultants, and Iceland Drilling Inc. Daniel holds a degree in Mechanical Engineering from the University of Iceland.

    “We are thrilled to welcome Aron Willis and Daniel Moelk to Ormat’s leadership team, where their valued backgrounds and experience will help drive the next phase of development and growth for our leading geothermal operations,” said Doron Blachar, Chief Executive Officer of Ormat Technologies. “Their extensive experience and proven track records in the power generation and geothermal industries will be invaluable as we continue to support our growth through continued innovation. These appointments reflect our commitment to strengthening our leadership team, advancing our strategic objectives for generation growth, expanding our profitability, and focusing efforts on EGS development. I am confident that Aron and Daniel, both of whom will report directly to me, will play pivotal roles in our ongoing success.”

    Blachar continued, “I also want to extend my sincere gratitude to Shimon Hatzir for his long-standing service to the Company and his exceptional leadership and dedication over the past 36 years. Shimon has made significant contributions to Ormat in various capacities, including leading our R&D and engineering division, leading wide range of technology developments, and managing the design of numerous power plants. He also led our energy storage segment, and most recently, heading the Electricity Segment including the Resource and Drilling operations I wish him all the best in his well-deserved retirement.”

    ABOUT ORMAT TECHNOLOGIES

    With six decades of experience, Ormat Technologies, Inc. is a leading geothermal company, and the only vertically integrated company engaged in geothermal and recovered energy generation (“REG”), with robust plans to accelerate long-term growth in the energy storage market and to establish a leading position in the U.S. energy storage market. The Company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter – a power generation unit that converts low-, medium- and high-temperature heat into electricity. The Company has engineered, manufactured and constructed power plants, which it currently owns or has installed for utilities and developers worldwide, totaling approximately 3,400MW of gross capacity. Ormat leveraged its core capabilities in the geothermal and REG industries and its global presence to expand the Company’s activity into energy storage services, solar Photovoltaic (PV) and energy storage plus Solar PV. Ormat’s current total generating portfolio is 1,538MW with a 1,248MW geothermal and solar generation portfolio that is spread globally in the U.S., Kenya, Guatemala, Indonesia, Honduras, and Guadeloupe, and a 290MW energy storage portfolio that is located in the U.S.

    ORMAT’S SAFE HARBOR STATEMENT

    Information provided in this press release may contain statements relating to current expectations, estimates, forecasts and projections about future events that are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such matters as our projections of annual revenues, expenses and debt service coverage with respect to our debt securities, future capital expenditures, business strategy, competitive strengths, goals, development or operation of generation assets, market and industry developments and the growth of our business and operations, are forward-looking statements. When used in this press release, the words “may”, “will”, “could”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “projects”, “potential”, or “contemplate” or the negative of these terms or other comparable terminology are intended to identify forward-looking statements, although not all forward-looking statements contain such words or expressions. These forward-looking statements generally relate to Ormat’s plans, objectives and expectations for future operations and are based upon its management’s current estimates and projections of future results or trends. Although we believe that our plans and objectives reflected in or suggested by these forward-looking statements are reasonable, we may not achieve these plans or objectives. Actual future results may differ materially from those projected as a result of certain risks and uncertainties and other risks described under “Risk Factors” as described in Ormat’s annual report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on February 27, 2025, and in Ormat’s subsequent quarterly reports on Form 10-Q that are filed from time to time with the SEC.

    These forward-looking statements are made only as of the date hereof, and, except as legally required, we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

    Ormat Technologies Contact:
    Smadar Lavi
    VP Head of IR and ESG Planning & Reporting
    775-356-9029 (ext. 65726)
    slavi@ormat.com    		 Investor Relations Agency Contact:
    Joseph Caminiti or Josh Carroll
    Alpha IR Group
    312-445-2870
    ORA@alpha-ir.com

    The MIL Network –

  • MIL-OSI: Free Spins No Deposit Casinos Grow in Popularity as Wild Casino Introduces 250 Free Welcome Spins Bonus Offer – WildCasino

    Source: GlobeNewswire (MIL-OSI)

    Willemstad, Curaçao, June 05, 2025 (GLOBE NEWSWIRE) — Wild Casino has introduced a new incentive, granting up to 250 welcome spins to new users who sign up during the current month. This initiative is designed to attract fresh players by offering a risk-free entry into real money gaming, aligning with industry trends in player acquisition.

    The new promotion complements Wild Casino’s existing suite of features, including a diverse selection of slot games, live dealer tables, cryptocurrency payment options, and multilingual customer support

    > Start playing at Wild Casino and get 250 FREE WELCOME SPINS on us

    Wild Casino Review: Why It’s a Top Pick for Online Casino Fans

    Don’t miss out—grab your 250 free spins at Wild Casino while they’re still available!

    • Generous Welcome Offer: New players can claim up to 250 welcome free spins, giving you a fantastic head start on top slots games.
    • Big Deposit Bonuses: Enjoy substantial deposit match bonuses for your first deposits, boosting your bankroll right from the start.
    • Extensive Game Selection: Choose from hundreds of high-quality slots, classic table games, and specialty games for endless entertainment.
    • Live Dealer Casino: Experience real-time action with professional live dealers in blackjack, roulette, baccarat, and more.
    • Fast & Secure Payments: Wild Casino supports a wide range of payment options, including credit cards and cryptocurrencies, with quick and secure transactions.
    • Mobile-Friendly Platform: Play your favorite games on any device, thanks to a fully optimized mobile site—no app download required.
    • Regular Promotions: Take advantage of ongoing reload bonuses, cashback offers, and free spin promotions to maximize your play.
    • 24/7 Customer Support: Get help whenever you need it from a responsive and friendly support team available around the clock via live chat and email.

    > Limited time only: unlock 250 free spins at Wild Casino today!

    If you’re searching for a new online casino, Wild Casino is a name you’ll want to remember. With so many sites out there, it’s easy to feel overwhelmed, but Wild Casino makes a strong case right from the start. I’ve spent some serious time exploring what they offer, and honestly, it’s one of the most enjoyable and reliable online casinos I’ve come across. Here’s what makes it special.

    Getting Started Is a Breeze

    First impressions really do matter, and Wild Casino makes it incredibly easy to jump in. Signing up takes just a couple of minutes, and you’re not bombarded with endless forms—just basic info, and you’re good to go. The site itself is clean, modern, and easy to navigate, which is a huge plus whether you’re a newcomer or an old hand at online gaming. Everything’s organized logically, so you’ll never find yourself lost or frustrated trying to find your favorite slot or table game.

    Tons of Games for Every Type of Player

    Let’s be honest: the games are what we’re here for, and Wild Casino doesn’t disappoint. There are hundreds of slots to choose from, ranging from old-school classics to flashy new video slots with graphics that wouldn’t look out of place on a console game. If you’re into table games, there’s a solid selection of blackjack, roulette, baccarat, and poker, with a few variants of each to keep things interesting.

    One thing I loved is how they’re always adding new titles, so there’s always something fresh to try out. If you like to switch things up or chase the latest releases, you’ll feel right at home.

    Live Dealer Games Bring the Casino Home

    If you want the excitement of a real casino but from your couch (or anywhere else), Wild Casino’s live dealer section is a must. The games stream in HD, the dealers are friendly and professional, and you get to interact just like at a real table. Blackjack, roulette, baccarat whatever your favorite, you’ll find it here. It’s a great way to break up your slots sessions and get that authentic casino vibe.

    Generous Bonuses and Promotions

    Who doesn’t love a good bonus? Wild Casino is way ahead of the curve with its welcome offer—new players get a big deposit match and some free spins just for joining. What’s even better is that the bonuses don’t stop there. They’re always running reload bonuses, cashback offers, and free spin promos, so there’s almost always a little extra waiting for you.

    The terms are fair, too. Wagering requirements aren’t outrageous, so you actually stand a chance of turning bonus money into real cash. It feels like they genuinely want you to win.

    Banking Options for Everyone

    Depositing and withdrawing money at Wild Casino is easy and feels totally secure. They accept pretty much everything: credit cards, bank transfers, and a bunch of cryptocurrencies like Bitcoin and Ethereum. I was pleasantly surprised at how quick the transactions were, deposits show up instantly, and withdrawals are processed faster than most other sites I’ve tried.

    Plus, your info is protected with strong encryption, so you don’t have to worry about safety. Security is clearly a priority here, which is always reassuring.

    Play Anywhere with Mobile Access

    If you like gaming on the go, Wild Casino’s mobile experience is excellent. There’s no app to download; you just open the website on your phone or tablet, log in, and you’re off. The whole site is optimized for mobile, so everything looks good and works smoothly, with no lag or weird formatting. You get the full range of games and features, just in a smaller package.

    Customer Support That Actually Cares

    I’ve dealt with a lot of casino support teams, and Wild Casino’s is honestly one of the best. They’re available 24/7, and you can contact them via live chat or email. Every time I’ve reached out, I’ve gotten fast, friendly, and genuinely helpful responses. Whether you have a simple question or run into a tricky issue, they make you feel like a valued player, not just another number.

    Fair Play and Responsible Gaming

    It’s important to know you’re playing somewhere fair, and Wild Casino takes this seriously. All their games use certified random number generators (RNGs), so you know you’re getting a fair shot. They’re fully licensed and regulated, and it shows in their commitment to responsible gaming. You can set deposit limits, take breaks, or even self-exclude if you ever feel you need to.

    Tournaments and Loyalty Rewards

    If you enjoy a little friendly competition, Wild Casino offers regular tournaments where you can battle other players for cash prizes and bonuses. The prize pools can be pretty impressive, and the competition adds a new layer of excitement. On top of that, regular players get rewarded with loyalty perks and VIP bonuses, which is a nice touch and makes you feel appreciated for sticking around.

    Why Wild Casino is Highly Recommended

    Wild Casino is one of the best online casinos out there. The game variety is fantastic, the bonuses are generous and realistic, and the whole experience feels safe, fair, and user-friendly. Whether you’re spinning slots, playing live dealer games, or competing in a tournament, you’ll have a blast.

    If you want a casino that’s fun, trustworthy, and gives you real chances to win, Wild Casino is absolutely worth checking out. Give it a try—you might just find your new favorite place to play.

    Introduction to Free Spins: What Makes Them a Must-Try Casino Bonus

    Free spins have become a cornerstone of the online casino experience, drawing in both new and seasoned players with the promise of risk-free excitement. At their core, free spins let you play selected slot games without having to stake your own cash, giving you a genuine shot at real money wins. For many, this makes free spins one of the most appealing types of casino bonuses available today.

    Casinos offer free spins in a variety of ways. Sometimes, they are bundled into welcome packages, encouraging new sign-ups to take a spin—literally—on the house. Other times, free spins are used as ongoing promotions for loyal players or as special rewards tied to new game launches. This flexibility means there’s almost always a free spins offer out there, no matter when you visit an online casino.

    The real advantage of free spins lies in their ability to let you explore new games and unfamiliar casinos without financial risk. You can get a feel for the gameplay, graphics, and bonus features of different slots before deciding where to spend your own money. Plus, any winnings you score from free spins can often be withdrawn after meeting certain requirements, making it possible to turn a free bonus into real profit.

    For anyone interested in casino gaming, understanding how free spins work and where to find the best offers is essential. With a little research, players can maximize their chances of winning while enjoying the thrill of spinning for free.

    Types of Bonuses: Exploring the Range of Free Spins Offers

    When you dive into the world of online casinos, you’ll quickly notice that not all free spins are created equal. Casinos have developed a variety of bonus structures, each offering its own set of perks and conditions. The most common types include no deposit free spins, deposit free spins, and wagering-free spins, all designed to cater to different player preferences.

    No deposit free spins are particularly attractive because they require nothing more than signing up for an account. These spins are credited instantly, letting you try out selected slot games without risking your own funds. They’re perfect for cautious players who want to test a casino’s offerings before making a financial commitment.

    Deposit free spins, on the other hand, are awarded after you make a qualifying deposit. While this means you’ll need to put some money on the line, the number of spins (and sometimes the potential rewards) is usually higher. These offers are ideal for players who are ready to invest a little to unlock bigger bonuses.

    Wagering-free spins are another exciting option. Unlike most bonuses, where you must meet certain playthrough requirements before cashing out your winnings, wagering-free spins let you keep whatever you win—no strings attached. These are rarer, but they represent the best value for players looking for straightforward bonuses.

    Understanding the nuances of these bonus types is crucial. Each comes with unique terms and conditions, including wagering requirements, maximum win limits, and eligible games. By knowing what to expect, you can choose the free spins offer that best matches your playing style and maximize your chances of walking away a winner.

    Free Spins Offers: How to Find and Make the Most of Casino Promotions

    Online casinos are constantly competing to attract new players, which means there’s no shortage of exciting free spins offers up for grabs. From no deposit bonuses to deposit match promotions and exclusive bonus spins, the opportunities to boost your bankroll with freebies are plentiful. However, not all offers are created equal, and it pays to know how to spot the most rewarding deals.

    Free spins no deposit bonuses are especially popular among new players. Simply register for a new account and you’ll often receive a batch of free spins instantly—no deposit required. These are great for trying out a casino’s slots risk-free, and any winnings can be a nice head start. Deposit free spins, meanwhile, reward you with extra spins when you make a qualifying deposit, often as part of a welcome package or ongoing promotion.

    To claim these offers, you might need to enter a bonus code, opt-in during registration, or simply follow the casino’s instructions. Always take the time to read the bonus terms carefully. Key factors to check include wagering requirements (how many times you must play through your winnings before withdrawing), which games the free spins can be used on, and any limits on how much you can win or withdraw from the bonus.

    Many casinos also feature exclusive promotions for loyal players, offering bonus spins as part of VIP programs or special events. By staying informed and comparing different offers, you can maximize your free spins value and enjoy more chances to win real money while exploring the best slots the online casino world has to offer.

    Casino Promotions: How Online Casinos Keep Things Exciting

    If you’ve spent any time browsing online casinos, you’ll know that promotions are everywhere. These offers aren’t just there to get you in the door—they’re designed to make your experience more fun, more rewarding, and, if you’re lucky, more profitable. Free spins are a major part of these promotions, but the perks go much further.

    For most new players, the journey starts with a welcome bonus. You sign up, make a deposit, and suddenly you have extra funds and a stack of free spins to play with. It’s a great way to kick things off, but it doesn’t stop there. Many casinos regularly reward deposits with extra bonuses, so every time you reload your account, you might get more free spins or bonus cash. If you stick around, loyalty programs often come into play. These are like frequent flyer miles for casinos—you earn points for playing, and those points can be swapped for bonuses, cash, or sometimes even real-world gifts.

    What really keeps players coming back, though, are the special events. Casinos love to run tournaments, prize draws, and seasonal promotions. These might give you the chance to compete for big prizes or earn free spins by hitting certain milestones. Sometimes the prizes are huge—think vacations, gadgets, or serious cash.

    The best way to take advantage of these offers is to stay informed. Sign up for casino newsletters or turn on notifications so you don’t miss out. By being in the loop, you’ll always have extra opportunities to win and more reasons to keep the fun going.

    Slot Games: Where Free Spins Come to Life

    Free spins are all about slots, so it’s important to know what kinds of games you’ll actually be playing with your bonus. Online casinos are packed with hundreds—sometimes thousands—of slot games, each with its own style, features, and ways to win. Whether you like simple fruit machines or flashy, story-driven video slots, there’s something for everyone.

    Some of the most exciting slots are progressive jackpot games. These have a prize pool that grows every time someone plays, which means you could win a massive payout even from a single free spin. On the other hand, if you prefer a steadier pace and more frequent wins, look for slots with a high Return to Player (RTP) percentage and lower volatility. These games might not have huge jackpots, but they’re more likely to pay out smaller wins regularly—perfect for stretching your free spins as far as possible.

    Top casinos work with the best game providers, so you’ll find classics, brand-new releases, and even 3D slots with interactive features. Many slots come with their own mini-games, bonus rounds, and—yes—extra free spins. This means that even a single spin can unlock a flurry of rewards if you hit the right combination.

    When you get free spins, check which games they’re for. Sometimes you can use them on any slot, but often they’re tied to new or featured games. Use the opportunity to try something different—you might discover a new favorite and get more from your bonus in the process.

    Researching Offers: How to Find the Best Free Spins

    With so many free spins offers out there, it’s worth taking a little time to figure out which ones really give you the best bang for your buck. Not every promotion is as simple as it sounds, and the details can make a big difference in how much you actually win.

    Start by comparing the basics: how many free spins are you getting, and which slots can you play with them? Some offers look huge at first, but if you can only use them on one game—or if the game has a low payout—they might not be as valuable as they seem.

    The real key, though, is in the terms and conditions. Pay close attention to wagering requirements, which are the number of times you need to play through your winnings before you can cash out. Lower requirements are always better, since you’ll be able to withdraw your money sooner. Also, look for any limits on how much you can win or withdraw from your free spins.

    Before you sign up anywhere, it’s a good idea to read some reviews. Other players’ experiences can tell you a lot about how quickly casinos pay out, how good their customer service is, and whether the games are fair. Stick with casinos that have a strong reputation and the right licenses—they’re far more likely to treat you well.

    Finally, remember that casino offers change all the time. The best deals might only be available for a limited time, or through special newsletters. By staying curious and doing a little homework, you can make sure you’re always playing with the best free spins available.

    Winning Real Money: How Free Spins Turn Into Real Cash

    One of the biggest draws of free spins is the chance to win real money without risking your own cash. It sounds almost too good to be true, but it’s definitely possible—as long as you understand how the process works. When you use free spins, any winnings you score go into a bonus balance. To actually turn that bonus money into cash you can withdraw, you’ll need to meet the casino’s wagering requirements. This usually means playing through your winnings a certain number of times before you can cash out.

    The amount of real money you can win with free spins depends on the casino, the specific bonus, and the slot game you’re playing. Sometimes, casinos set a maximum win limit on free spins bonuses, so even if you hit a huge jackpot, you might only be able to withdraw a capped amount. It’s always smart to check these limits in the bonus terms before you start playing.

    To give yourself the best shot at walking away with a profit, try to choose slots with a high Return to Player (RTP) percentage and low volatility. High RTP slots generally pay back more money over time, while low volatility means you’ll get smaller, more frequent wins—perfect for meeting those wagering requirements.

    Finally, remember to play responsibly. Set a budget for yourself, stick to it, and avoid chasing losses. Free spins are a great way to boost your bankroll, but managing your money wisely is key to making sure your gaming stays fun and stress-free.

    More Opportunities: Making the Most of Casino Bonuses and Promotions

    There’s much more to online casinos than just free spins. Today’s casinos offer a huge variety of bonuses and promotions—all designed to give you more chances to win real money and enjoy your time online. Deposit bonuses are a common example: when you fund your account, the casino matches part of your deposit, giving you extra cash or spins to play with. These deals are a great way to start off with a bigger bankroll and explore more games.

    Tournaments and prize draws are also worth checking out. These events add a competitive edge, letting you play against other casino fans for a share of the prize pool. Sometimes, just spinning the reels during a featured week can earn you entry into a draw, or you might rack up points for every win in a tournament leaderboard.

    To really get the most out of these opportunities, it’s important to keep an eye on the latest promotions. Casinos update their bonuses all the time, so subscribing to newsletters or checking the promotions page regularly means you’ll never miss a good offer.

    By taking advantage of free spins, deposit bonuses, and special events, you can stretch your bankroll, try new games, and boost your odds of hitting a big win. Plus, the fun of chasing promotions and competing in tournaments can make your gaming experience even more exciting and rewarding. Just remember: play smart, enjoy yourself, and you might just walk away with a real money prize.

    > Hurry—claim your 250 free spins at Wild Casino before the offer ends!

    FAQ

    1. What are casinos free spins with no deposit offers?

    Casinos free spins and no deposit offers let you try out slots games without needing to make a deposit. Simply sign up for an account, and you’ll receive free spins—no payment required.

    2. How does a deposit bonus work at an online casino?

    A deposit bonus is extra money you get after making a real money deposit at a casino. For instance, if you deposit $50, the casino might give you an additional $50 as a bonus to play with.

    3. Where can I find deposit bonus codes?

    Deposit bonus codes are usually found on the casino’s promotions page, in newsletters, or on casino review sites. Enter the code when making your deposit to unlock extra perks or free spins.

    4. What are deposit free spins bonuses?

    Deposit free spins bonuses are free spins you receive after making a qualifying deposit. These spins are typically available on selected slots games and are a great way to get more value from your deposit.

    5. Is online gambling with free bonus offers safe?

    Online gambling is safe when you play at licensed and reputable casinos. Always check casino reviews, use secure payment options, and read the terms before claiming any free bonus or promotion.

    6. Can I withdraw my bonus winnings from a deposit bonus casino?

    At a deposit bonus casino, you can withdraw your bonus winnings once you’ve met the wagering requirements. Always review the bonus terms to know how many times you need to play through your bonus.

    7. How do I find free spins promotions and the latest no deposit bonuses?

    You can find free spins promotions and the latest no deposit bonuses by checking the casino’s promotions page, subscribing to their newsletters, or visiting trusted casino affiliate websites for updates.

    8. What is a free spins offer and how does it work?

    A free spins offer gives you a set number of spins on specific slot games, either as a no deposit bonus or after you make a deposit. Any winnings you earn may be subject to wagering requirements.

    9. Are many free spin bonuses available for progressive jackpot slots?

    While there are many free spin bonuses, most are for specific slot games and not always for progressive jackpot slots. Always check the promotion details to see which games are eligible.

    10. What are the best no deposit bonuses for slot games?

    The best no deposit bonuses for slots offer free spins or bonus cash with low wagering requirements and minimal restrictions, giving you a fair shot at winning real money without needing to deposit.

    Attachment

    The MIL Network –

  • MIL-OSI: DNO Raises USD 400 Million in Hybrid Bonds

    Source: GlobeNewswire (MIL-OSI)

    5 June 2025 – DNO ASA, the Norwegian oil and gas operator, today completed a private placement of USD 400 million of subordinated hybrid bonds with a coupon rate of 10.75 percent. The hybrid bonds will have the first call at 100 percent of nominal value after 5.5 years, with coupon step-up after six years and maturity in 2085. The bond placement met strong investor demand across US, Nordic and international markets and was significantly oversubscribed.

    “This first hybrid bond issue capitalizes on our 24-year flawless record in the bond market,” said DNO’s Executive Chairman Bijan Mossavar-Rahmani. “Given its features, including treatment as equity not debt on DNO’s balance sheet, a hybrid bond fits well with our financing structure following closing of the Sval Energi Group AS acquisition later this month,” he added.  

    Settlement is expected on or about 17 June 2025, subject to customary conditions precedent. An application will be made to list the bonds on the Oslo Stock Exchange. Proceeds from the new bond issue will be used to refinance financial indebtedness in Sval Energi and for general corporate purposes.

    Arctic Securities AS, DNB Carnegie, part of DNB Bank ASA, and Pareto Securities AS acted as Joint Bookrunners for the transaction. AGP Advokater AS acted as legal advisor to the Company.

    –

    For further information, please contact:
    Media: media@dno.no
    Investors: investor.relations@dno.no

    –

    DNO ASA is a Norwegian oil and gas operator active in the Middle East, the North Sea and West Africa. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, the United Kingdom, Côte d’Ivoire and Yemen. More information is available at www.dno.no

    –

    This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

    This release does not constitute any offer or solicitation to sell or purchase any securities. 

    The release may not be released, published or distributed in the United States of America or any other jurisdiction where release, publication or distribution would be prohibited or require any registration or filing acts or similar.

    The MIL Network –

  • MIL-OSI: GROUPIRA Integrates with ASC to Streamline Automatic Rollover Data Transfer

    Source: GlobeNewswire (MIL-OSI)

    TACOMA, Wash., June 05, 2025 (GLOBE NEWSWIRE) — GROUPIRA®, INC (GROUPIRA®) a leading provider of retirement plan rollover solutions, is pleased to announce its new integration with ASC, a premier provider of retirement plan administration software. This partnership further accelerates the automatic rollover process, ensuring seamless data transmissions for TPAs.

    Through this integration, ASC users gain direct access to GROUPIRA’s robust rollover solutions, simplifying the rollover process of small-balance, terminated participant accounts. The automated process further reduces administrative burden of data transfer, and improves overall efficiency.

    At no cost to TPAs, GROUPIRA’s innovative and proprietary platform streamlines the rollover process by automating data uploads, lost participant searches, and customized distribution mailings.   By leveraging ASC’s advanced plan administration technology, GROUPIRA’s solutions will be more accessible.

    “We partner with ASC to further automate the rollover process for our TPA partners,” says [Yannis Koumantaros, Co-Founder and President] at GROUPIRA. “This integration uses advanced technology in Microsoft Azure to streamline rollover solutions, ensuring secure data transfers for TPAs and their plan sponsor clients.”

    “We understand the extraordinary efforts TPAs take to keep their clients’ plans compliant with the mandatory force out rules,” explains Alan Gould, President of ASC, “This new integration significantly decreases the amount of time and effort our TPA clients need to expend on these efforts.”

    About GROUPIRA®, INC.
    GROUPIRA®, Inc. is a pioneering financial technology company committed to bringing the benefits of 401(k) plans to IRA investors. To discover more about GROUPIRA® and its innovative solutions, visit www.groupira.com.

    About Actuarial Systems Corporation (ASC)

    ASC is an industry leader in providing innovative intelligent automation for retirement plan software. Systems include Retirement Plan Documents, DC/401(k) Recordkeeping and Administration, DB Valuation, Compliance Testing, Single Step Processing, 5500 Forms, CRMs, API & other enterprise level tools. All products share data facilitating the reduction of errors and elimination of duplicate data entry. A fully hosted, web-access option is available for all products. ASC also offers ERISA Consulting and Continuing Education.

    Media Contact:
    Jaime Unkel, VP of Sales
    jaime@groupira.com
    201.981.2155
    GROUPIRA

    Laurie Joiner
    ljoiner@asc-net.com
    818.344.2084 x110
    ACTUARIAL SYSTEMS CORPORATION (ASC)

    The MIL Network –

  • MIL-OSI: Banqup Group completes the divestment of 21grams group

    Source: GlobeNewswire (MIL-OSI)

    Press Release – Inside Information

    La Hulpe, Belgium – 5 June 2025, 7:00 p.m. CET – Inside Information – Banqup Group SA, formerly Unifiedpost Group SA, (Euronext: UPG) (Banqup, Company), a leading provider of integrated business communications solutions, today announced the completion of the sale of all shares in the 21grams group (“21grams”) to PostNord Strålfors AB (“PostNord Strålfors”). 

    The transaction was announced on 5 July 2024 and has been completed following the fulfilment of all conditions precedent, including the approval from the Swedish Competition Authority granted on 30 May 2025.

    The transaction has been completed for a preliminary cash consideration of SEK 158,7 million, on a cash- and debt-free basis, based on an enterprise value of SEK 200 million. The final purchase price remains subject to customary post-closing adjustments, including a review of 21grams’ closing accounts. Of the total consideration, SEK 23,5 million remains in escrow for a term of nine months. In addition, SEK 48,4 million of intercompany receivables between Banqup and the 21grams group entities has been settled as part of this transaction.
    The proceeds will be used to strengthen Banqup’s balance sheet and to further reduce its net financial debt.

    In 2024, 21grams generated total revenue of € 79,4 million with a gross margin of 17,4% and a positive EBITDA of € 1,9 million.  As of 31 December 2024, 21grams employed 76 full-time equivalents across Sweden, Norway, and Denmark. The business will now operate under PostNord Strålfors’ ownership.

    As previously announced, Banqup Group and PostNord Strålfors have signed a strategic partnership agreement to accelerate the rollout of the Banqup platform across the Nordic region. Under the agreement, PostNord Strålfors will act as the exclusive distributor of Banqup in Sweden, Norway, Denmark, and Finland for a period of at least five years and will utilise Banqup’s e-invoicing infrastructure to support its corporate clients in sending e-invoices to destinations outside the Nordics. This partnership is designed to create an interconnected solution, providing broader coverage and more efficient services for clients across and beyond the Nordic region. Both parties are committed to supporting the rollout and development of the Banqup platform and to jointly strengthening the distribution network and customer support services.

    Nicolas de Beco, CEO of Banqup Group, commented: “The completion of the 21grams divestment marks another milestone in our strategic transformation into a pure-play SaaS provider and aligns with our focus on growing core digital services whilst also strengthening our balance sheet. Furthermore, the strategic partnership with PostNord Strålfors will create new opportunities, and we look forward to leveraging their extensive network to accelerate the adoption of our Banqup platform across the Nordic markets. I would like to thank our employees in the Nordics for their contributions to our company over the years.“

    Ylva Ekborn, CEO of PostNord Strålfors Group, added: “PostNord Strålfors, a full-service provider in the customer communication market, is enhancing its offerings through the acquisition of 21grams and a strategic partnership with Banqup Group. This collaboration allows us to deliver a significantly wider range of services with a strong Nordic reach. We see PostNord Strålfors and 21grams as a great match to further evolve our offerings within the customer communication management segment, and we will now focus on the integration of 21grams. Additionally, we look forward to getting to know and welcome our new colleagues onboard”.

    Financial Calendar:

    • 26 August 2025: Publication of the H1 2025 results (webcast)
    • 13 November 2025: Publication of the Q3 2025 business update

    Contacts
    Alex Nicoll                                                                                                        Rebecka Mathers
    Investor Relations                                                                                          Communications
    Banqup Group                                                                                                PostNord Strålfors Group
    alex.nicoll@unifiedpost.com                                                                       rebecka.mathers@stralfors.se

    About Banqup Group

    Banqup Group delivers integrated cloud-based SaaS solutions to streamline business transactions across the entire lifecycle, from e-invoicing and e-payments to tax reporting. Banqup, our solution for businesses, unifies purchase-to-pay, order-to-cash, e-invoicing compliance, and e-payments into one secure platform, removing the complexity of juggling disconnected tools. eFaktura World, our solution for governments, is a comprehensive digital platform designed for tax administrations to implement e-invoicing and streamline both B2G and B2B tax reporting flows. To learn more about Banqup Group and our solutions, please visit our website: Unifiedpost Group | Global leaders in digital solutions

    About PostNord Strålfors

    PostNord Strålfors simplifies the communication of invoices and vital business information between companies and their customers and partners. Our omnichannel solution enables companies and organisations to engage with customers, citizens and members through their preferred channels, while our integration solutions automate business processes.

    PostNord Strålfors is a leading actor in customer communication management and a critical part of the Nordic communication infrastructure. It handles over 1 billion transactions annually and generates SEK 2,2 billion in turnover (2024). PostNord Strålfors operates in Sweden, Norway, Denmark and Finland and is part of the PostNord Group, a leading provider of communication and logistics services in the Nordic region. For more information, go to PostNord Strålfors (stralfors.com)

    Cautionary note regarding forward-looking statements: The statements contained herein may include prospects, statements of future expectations, opinions, and other forward-looking statements in relation to the expected future performance of Banqup Group and the markets in which it is active. Such forward-looking statements are based on management’s current views and assumptions regarding future events. By nature, they involve known and unknown risks, uncertainties, and other factors that appear justified at the time at which they are made but may not turn out to be accurate. Actual results, performance or events may, therefore, differ materially from those expressed or implied in such forward-looking statements. Except as required by applicable law, Banqup Group does not undertake any obligation to update, clarify or correct any forward-looking statements contained in this press release in light of new information, future events or otherwise and disclaims any liability in respect hereto. The reader is cautioned not to place undue reliance on forward-looking statements.

    Attachment

    The MIL Network –

  • MIL-OSI: Introducing Emma: The AI Event Planner from Events in Minutes

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, CA , June 05, 2025 (GLOBE NEWSWIRE) — Events in Minutes, the AI-powered marketplace trusted by PayPal, Google, LinkedIn, Uber, and Meta, today launched Emma, a conversational AI Event Planner that takes the grunt work out of organizing gatherings of any size while keeping the host firmly in control.

    Events in Minutes introduces Emma, AI Event Planner

    How Emma Works

    1. Call +1 (415) 634-4617 and describe the event you have in mind—whether it’s a ten-person workshop or a thousand-person conference.
    2. Emma searches reviews, verifies quality, and checks real-time availability and pricing across a rigorously screened vendor network.
    3. She delivers a concise shortlist (2-4 best options per category) so you make the final calls without drowning in research.
    4. Approve and book through Events in Minutes; contracts, receipts, and messages live in one tidy dashboard.

    Why It Matters

    “Planning an event shouldn’t feel like a second job,” said Hojr Pisheh, Co-Founder & CEO. “Emma handles the scouting, vetting, and scheduling so hosts can focus on creative choices, confident they’re choosing from the best, most reliable vendors.”

    • Any event, big or small: professional planning isn’t just for large budgets anymore.
    • Time saved: Emma replaces hours of Google searches and phone tag with one streamlined conversation.
    • Quality assured: only vendors meeting strict reliability and review thresholds appear on your shortlist.
    • All-in-one checkout: pay once, track everything, skip the paperwork chaos.

    A Market Ripe for Reinvention

    The global events industry tops $1 trillion annually, yet booking remains fragmented and manual. By adding AI automation with a vetted vendor marketplace, Events in Minutes compresses what used to take weeks into a painless, guided workflow.

    About Events in Minutes

    Founded in 2023 and headquartered in San Francisco, Events in Minutes is an AI-native marketplace that makes booking events as easy as ordering take-out. The platform pairs event hosts with top-tier vendors through transparent pricing, real-time availability, and one-click checkout—delivering a delightful planning experience for every occasion.

    Media Contact
    press@eventsinminutes.com
    https://eventsinminutes.com/

    Events in Minutes Introduces Emma, AI Event Planner

    A video accompanying this announcement is available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/803aea67-ddc1-4802-a232-d07fd859f298

    The MIL Network –

  • MIL-OSI: Free Psychic Reading Online | Free Psychic Chat with Real Psychics Online – Special 2025 Announcement

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, CA, June 05, 2025 (GLOBE NEWSWIRE) — Are you curious about your future, love life, or career path but not ready to commit to a paid session? With a free psychic reading online, you can now connect with experienced and compassionate free psychics who offer genuine insights without any upfront cost. Whether you want to ask a free psychic question, explore your destiny by birth date, or dive into matters of the heart, there are now many trusted platforms where you can receive intuitive guidance—completely risk-free.

    ⇒ Connect with trusted advisors for a free psychic reading session!

    You deserve answers, healing, and spiritual clarity. Whether you need a free psychic reading online with no credit card, a birth-based psychic reading, or simply want to ask a free psychic question, now is the perfect time to begin your journey.

    The-Psychic-Experts.com, a trusted authority in spiritual services, proudly announces a new global initiative offering free psychic readings online via live chat or phone. Launching this month, this effort marks a major step forward in the platform’s mission to make genuine, risk-free spiritual guidance more accessible and inclusive for people seeking clarity in love, career, health, or life purpose.

    ⇒ Free psychic chat with certified readers — available now

    The internet is full of spiritual services, but not all are equal. To get the most value from your free psychic reading, stick with platforms that offer free psychic chat, clear advisor profiles, and real testimonials. This provides a safe and insightful experience from the outset.

    Whether you want to ask a free psychic question about a soulmate connection, your next big life decision, or emotional healing, these newly listed services are designed to deliver insightful, real-time answers. Even better, some highly rated readers provide free psychic chat with no credit card required, a rare and welcome benefit in today’s digital spiritual marketplace.

    Each listed psychic on the psychic expert’s platform is thoroughly evaluated for accuracy, authenticity, user testimonials, and spiritual specialization. Options include free psychic readings by date of birth and time, astrology-based predictions, tarot interpretations, and mediumship sessions. This 2025 release ensures that users can confidently connect with a real psychic, not an automated system or generic script, for meaningful and personalized spiritual guidance.

    ⇒ Try a real psychic chat for free — no risk, just answers

    Why Choose a Free Psychic Chat?

    Many people hesitate to seek spiritual advice due to concerns over cost or skepticism about accuracy. That’s where free psychic chat options shine. These services allow you to connect instantly with a psychic via live chat and ask your most pressing questions, without needing a credit card.

    Benefits of free psychic chat include:

    • Instant access to real psychics online
    • No financial risk or commitment
    • Discreet, private conversations
    • Fast answers to your questions

    Whether you’re new to psychic readings or just want to test a new advisor, this format lets you experience the energy of the reading before deciding to continue.

    ⇒ Receive personalized insight with free psychic chat now

    Ask a Free Psychic Question About Love, Career, or Life Purpose

    Wondering whether your partner is “the one”? Confused about a job opportunity? Feeling stuck and unsure about what comes next?

    You can ask a free psychic question on topics like:

    • Love & relationships
    • Family & friendship
    • Career direction
    • Personal growth
    • Financial energy
    • Spiritual purpose

    Many free psychics specialize in areas like free psychic love reading, helping you find clarity and comfort when emotions feel overwhelming.

    ⇒ Discover your soulmate path with a free psychic love reading

    Free Psychic Reading by Date of Birth and Time

    For deeper insight, many online psychics offer free psychic readings by date of birth and time. These personalized readings blend astrology and intuition to reveal:

    • Life path challenges and gifts
    • Relationship compatibility
    • Career destiny
    • Timing of major life events

    These birth-based readings are especially helpful if you’re facing crossroads in life and want guidance rooted in your cosmic blueprint.

    ⇒ Find clarity with a free psychic reading by date of birth and time

    Free Psychic Reading Online – No Credit Card Needed

    Unlike many platforms that require payment details before giving you any insight, select services offer a free psychic reading online, no credit card required. This ensures a truly commitment-free experience while letting you explore if the psychic connection resonates with you.

    Look for trusted directories that feature:

    • Verified psychic profiles
    • Ratings and testimonials
    • Free minutes or introductory chat sessions
    • Easy, instant connection

    ⇒ Get real clarity fast with a psychic reading at no cost

    Free Psychic Love Reading: Find Clarity and Connection

    Love is one of the most common topics people ask psychics about—and for good reason. Emotions can be intense, timing can be confusing, and sometimes we just want reassurance.

    A free psychic love reading can offer guidance on:

    • Soulmate energy
    • Twin flame dynamics
    • Relationship challenges
    • Future romantic possibilities
    • Past life connections

    Whether you’re healing from heartbreak or starting something new, these love readings offer emotional clarity when you need it most.

    ⇒ Get trusted love advice from free psychics today

    Why Free Psychic Readings Are in High Demand in 2025

    As the world emerges from a decade marked by turbulence, transformation, and technological disruption, one quiet but powerful trend has taken hold across generations: a renewed search for spiritual meaning. In 2025, free psychic readings have become one of the most sought-after tools for individuals hoping to gain clarity, purpose, and emotional balance. Whether driven by curiosity, heartache, or uncertainty, millions turn to a free psychic reading as their first step toward more profound understanding.

    ⇒ Love, destiny, and clarity await — start free psychic chat now

    Spiritual Curiosity in the Post-2020s Era

    The last few years have seen an undeniable cultural shift toward introspection. Following the collective trauma of a global pandemic, economic uncertainty, and significant geopolitical change, people have sought answers beyond traditional logic or material success. According to spiritual trend analysts, 2025 has seen record levels of interest in tarot, astrology, mediumship, and intuitive coaching, especially online.

    In this environment, free psychic reading online services have flourished. For newcomers, these free sessions offer a safe, low-pressure way to explore metaphysical guidance without financial obligation. For those already attuned to spiritual practices, a free psychic reading offers a chance to sample different readers and modalities before committing to a more in-depth session.

    ⇒ Chat live with psychics who truly care — free today

    The Cost Barrier of Premium Readings

    One of the key drivers behind the surge in free psychic consultations is the rising cost of premium sessions. Accurate psychic readers — particularly those with a strong following or years of experience — often charge rates ranging from $5 to $15 per minute or more. While this pricing may reflect the value of their service, it can be a significant barrier for those facing financial hardship or exploring spiritual guidance for the first time.

    That’s where a free psychic reading becomes an empowering alternative. By offering initial sessions at no cost, platforms like the psychic experts are helping democratize access to this ancient practice. Users can now test the waters with a free psychic question, receive a few minutes of clarity via free psychic chat, or speak to a real psychic by phone — all without swiping a credit card.

    ⇒ Receive insight and healing with a free psychic reading

    Accessibility Through Technology

    Another major factor fueling this demand is accessibility. Thanks to mobile apps, text platforms, and secure chat portals, psychic guidance is no longer confined to candle-lit rooms or in-person appointments. The emergence of free psychic chat and free psychic reading online services has enabled users from any location — urban or remote — to get spiritual support within minutes.

    This shift is especially valuable for individuals who may feel nervous about speaking to a psychic in person. Chat and phone services allow users to remain anonymous, reducing anxiety and fostering more open conversations. Data shows that users are often more likely to ask a free psychic question honestly and directly through chat than in a face-to-face setting.

    ⇒ Get a trusted free psychic reading without a credit card

    The Psychology of Asking a Free Psychic Question

    There’s also a deeper psychological appeal to asking questions about the unknown. In moments of confusion, asking a question—even a small one—provides the illusion of control. It’s a way to anchor oneself to possibility, hope, and answers that may not come from within.

    That’s why a free psychic question holds such power. It’s not just about the information you receive — it’s about reaching for it. Whether you’re wondering if your ex will return, if you’re on the right career path, or if you’re blocking your blessings, simply voicing your question can be cathartic and illuminating.

    With the stigma around spiritual services fading fast, 2025 is shaping up to be the year when free psychic readings become as normal as therapy or self-help books. From Gen Z to Boomers, people realize there’s no harm in asking a free psychic question — and in fact, it may just be the beginning of a meaningful journey.

    ⇒ Free psychic reading now live — discover your destiny

    How The Psychic Experts Evaluate Free Psychic Reading Platforms

    Not all psychic platforms are created equal in the ever-expanding world of online spiritual services. That’s why The-Psychic-Experts.com has built one of the most trusted, independent evaluation systems for identifying the most recommended free psychic readings available online. With thousands of websites claiming to offer real insight, clarity, and connection, the team behind The-Psychic-Experts.com works tirelessly to separate genuine spiritual guidance from vague, automated responses.

    The result? A carefully curated, annually updated list of free psychic reading platforms that users can trust.

    ⇒ Ask anything in a free psychic reading — love, work, more

    Strict Editorial Standards and Testing

    Every platform featured on The-Psychic-Experts.com goes through a thorough multi-step internal checking process designed to test for accuracy, transparency, and overall user experience. It includes secret-shopper style evaluations where trained team members request a free psychic reading by date of birth and time to measure how precise and personalized the answers are.

    Testers often ask complex or emotionally charged questions to see if the psychic is attuned to more than just general advice. Responses are then scored on relevance, empathy, and whether the psychic provides actionable insights. Platforms that rely heavily on vague, cookie-cutter replies are immediately removed from consideration.

    ⇒ Discover real guidance through live psychic chat

    No Credit Card = No Gimmicks

    One of the most essential standards in the the-psychic-experts.com evaluation process is whether the platform offers free psychic readings, without forcing users to enter credit card details.

    While many sites advertise “free” readings, they often require users to sign up for a subscription or provide payment information upfront. These bait-and-switch tactics can create mistrust and leave people feeling scammed.
    The platforms recommended by The-Psychic-Experts.com highlight psychic services that allow for at least one initial free psychic session, often via chat or phone, with no billing details required. It makes it easier for first-time users to explore their spiritual questions risk-free.

    ⇒ Start Free psychic chat online now — no card, just clarity

    Evaluating Reading Types and Specializations

    Not all psychic readings are the same, and the editorial team considers this during evaluation. Readers on the platform are assessed for the types of readings they offer, including free psychic love reading, mediumship, tarot, astrology, numerology, clairvoyance, and energy healing.

    This variety is significant because not every question fits neatly into one modality. A user seeking romantic advice may benefit most from a love psychic or tarot reader, while someone dealing with grief may need a medium who can connect with passed loved ones. Free psychic reading by date of birth and time may appeal to astrology-focused seekers. The leading platforms provide access to a broad spectrum of reading styles.

    Each reader is tested for communication skills, clarity, and the ability to make users feel safe. A psychic might have talent but lack compassion — or vice versa. Only those who excel at spiritual insight and empathetic delivery are considered highly rated.

    ⇒ Experience a free psychic chat that feels personal and real

    Internal QA

    The psychic experts don’t just rely on staff evaluations. The site also collects thousands of real-user testimonials to verify consistency and satisfaction across a broad user base. Comments are analyzed for patterns, such as repeated praise for emotional accuracy, relationship guidance, or intuitive timing.

    All feedbacks are vetted through an internal QA process to ensure authenticity and eliminate paid or spam submissions. This approach helps build long-term credibility and keeps the annual rankings relevant and trustworthy.

    By combining professional testing, real-world feedback, and a commitment to ethical standards, the psychic experts ensure that users receive guidance from only the most accurate, accessible, and genuinely free psychic resources available in 2025.

    ⇒ Connect instantly via free psychic chat and feel the difference

    Types of Free Psychic Readings Available Online in 2025

    In 2025, free psychic readings have become more accessible, personalized, and diverse. With spiritual wellness now a significant trend among millennials, Gen Z, and even Gen X, millions seek clarity from intuitive advisors, primarily through free online psychic readings. The growing number of platforms and services means users can now explore many different types of spiritual guidance before deciding on a long-term advisor.

    ⇒ Connect now for a real and accurate free psychic reading!

    So, what kinds of free psychic readings are most popular, and which are typically offered as part of free trials? Below, the-psychic-experts.com breaks down the most popular types of psychic readings users can explore at no cost in 2025.

    1. Free Psychic Love Reading

    By far the most requested service across psychic platforms, free psychic love readings remain the leading choice for users seeking relationship answers. Whether it’s “Will they come back?”, “Are we soulmates?”, or “Should I move on?” — love questions dominate psychic chat rooms and phone sessions.

    Platforms offering a free psychic love reading typically provide a few minutes or allow users to ask a free psychic question about their romantic life. These readings often tap into tarot, energy reading, or clairvoyance to explore emotional compatibility, karmic connections, and future possibilities.

    Why it’s offered: Love is the #1 gateway topic. If a psychic can connect with a user emotionally on this front, there’s a strong likelihood the user will return for paid sessions.

    ⇒ Find the guidance you seek in a free psychic love reading

    2. Career Forecasts

    Another common request in 2025 is professional guidance. Career-focused readings address decisions around job changes, workplace conflicts, entrepreneurial goals, or overall life purpose. Many free psychic platforms now offer initial readings on career questions to help users identify their next steps.

    These include numerology, astrology, or intuitive impressions based on name and energy. Some sessions will ask for a birth date to connect deeper into the client’s vocational path.

    Why it’s offered: Career questions tend to lead to follow-up sessions, making it an attractive free trial option for platforms.

    ⇒ Ask one question for free and connect with a real psychic

    3. Tarot Card Pulls

    A classic and still one of the most reliable options for free and paid readings, tarot cards remain a staple in 2025. Many platforms offer a free psychic reading online using a three-card spread that touches on past, present, and future energies.

    Tarot is a favorite among users because it provides specific visuals, archetypes, and symbolism that can be interpreted intuitively or directly. It works for all questions, including love, career, and self-growth.

    Why it’s offered: Tarot sessions can be done quickly and are visually engaging, making them perfect for limited-time or single-question free psychic readings.

    4. Astrology and Birth Chart Readings

    Astrology continues to experience a renaissance, and free psychic reading by date of birth and time is one of the fastest-growing categories on psychic platforms. Some services allow users to input their birth details to receive a basic sun, moon, and rising analysis or a short synastry report (love compatibility).

    More advanced readers might offer brief insights into planetary transits or upcoming life themes in a 5–10 minute complimentary session.

    Why it’s offered: Astrology is extremely popular among Gen Z and Millennials. It’s also data-driven, making it easy to automate or semi-automate for mass trial sessions.

    ⇒ Ask a free psychic question and get instant insight

    5. Past Life Readings

    Past life readings offer fascinating insight for those curious about karma, reincarnation, and spiritual history. Some free trials allow users to ask, “Who was I in a past life?” or “Why do I feel connected to this person or place?”

    These readings often combine intuitive visions, energy work, and spiritual channelling to explore patterns affecting the user in their current life.

    Why it’s offered: It’s a unique hook that appeals to deeply spiritual users and often prompts follow-up interest.

    6. Yes/No Psychic Questions

    Sometimes users don’t want a full reading — they just want a straight answer. In 2025, many free psychic platforms now offer the ability to ask a free psychic question in a yes/no format. It’s ideal for time-sensitive or emotionally charged moments when clarity is critical.

    This format is commonly used via free psychic chat, where users type their yes/no question and receive a simple, immediate reply, often via tarot or intuition.

    Why it’s offered: It’s quick, scalable, and builds trust for deeper sessions.

    ⇒ Explore your future with a free psychic chat reading!

    What to Expect from a Free Psychic Chat or Call

    You’re not alone if you’re considering a free psychic chat or phone reading in 2025. Millions worldwide are turning to intuitive guidance for answers, clarity, and peace of mind — often beginning with a risk-free, no-obligation session. But how exactly does it work? What can you expect from the moment you sign up to when you ask a free psychic question?

    In this guide, the-psychic-experts.com walks you through a typical user experience with free psychic readings online, whether via chat or call, so you know exactly what to anticipate.

    Step 1: Signing Up — No Credit Card Needed

    One of the most appealing aspects of psychic platforms ranked by The-Psychic-Experts.com is that many offer free psychic readings online, with no credit card required. It means you can begin exploring your spiritual path without entering payment details or worrying about hidden charges.

    The signup process typically takes under 2 minutes:

    • You enter your name (can be a nickname)
    • Choose your preferred psychic or reading type
    • Optional: Add your birth date, gender, or location for a more tailored session
    •  Click “Start Free Chat” or “Call Now” to begin your session

    The highest quality services are transparent, private, and secure, ensuring your experience is safe and confidential.

    ⇒ Ask love and life questions with a free psychic reading

    Step 2: Choosing Your Psychic Reader

    Once inside the platform, you’ll browse a selection of available advisors. Each psychic reader has a profile page showcasing:

    • Specialties (love, career, tarot, astrology, etc.)
    • User experiences
    • Years of experience
    • Tools used (e.g., pendulum, oracle cards, clairvoyance)

    For a free psychic reading, look for psychics offering free minutes or an introductory question at no cost. Most allow at least one free psychic question before the session transitions to paid time.

    Step 3: Chat vs. Phone — What’s the Difference?

    Free Psychic Chat

    Chat readings are ideal for people who prefer privacy, written records, or thinking time. You can type out your questions, and your psychic will respond quickly. Many clients enjoy this format because:

    • It’s discreet — great for work breaks or late nights
    • You can scroll back and re-read answers
    •  It allows clearer, more intentional communication

    Chat is a good option for simple or emotionally sensitive questions you want to reflect on later.

    ⇒ Discover emotional clarity in a free psychic reading today!

    Free Psychic Call

    Phone readings offer more vocal nuance, which some say results in stronger intuitive connections. You’ll hear tone, pauses, and inflection, which can help your psychic pick up on your energy more naturally. Calls feel more spontaneous, warm, and conversational.

    Calls are often ideal when:

    • You want a fast-paced reading
    • You’re dealing with complex emotions
    •  You want to ask follow-up questions on the spot

    Step 4: Asking a Free Psychic Question

    When your session begins, the advisor may start with a brief introduction or ask your permission to connect with your energy. You’ll then type or say your question, such as:

    • “What is the energy around my relationship right now?”
    • “Is this job opportunity right for me?”
    •  “Will I hear from them again soon?”

    It is your moment to open up. The more precise and focused your question is, the more insightful your psychic’s response will be.

    ⇒ Chat online now with trusted psychics for free!

    Step 5: What a Real Reading Feels Like

    Contrary to the myths, real psychic readers do not make wild or scary predictions. Instead, they tune into your energy, spiritual guides, or symbolic tools (like tarot or astrology) to help reveal what’s hidden beneath the surface.

    Even in a digital format, real psychic abilities translate beautifully. Many report feeling chills, sudden emotional clarity, or strong resonance, even through a chat screen.
    Your reading may include:

    • Specific messages, images, or impressions
    • Advice on timing, direction, or emotional healing
    • Symbolic meanings from tarot or astrology
    •  Gentle validation for what you already intuitively know

    ⇒ Connect with an accurate psychic — no payment required!

    Benefits of Starting with a Free Psychic Reading

    With so many psychic services available online in 2025, it’s easy to feel overwhelmed or skeptical about where to begin. That’s precisely why the psychic experts recommend starting your journey with a free psychic reading. Whether you’re new to the spiritual space or looking to reconnect with your intuition, free readings offer a powerful, no-pressure entry point into the world of intuitive guidance.

    From building trust to exploring specialties, here’s why thousands are turning to free psychic sessions before committing to a longer consultation.

    1. It’s a Low-Risk Introduction for Beginners

    One of the most significant barriers to seeking a psychic is fear of being judged, scammed, or misled. A free psychic reading helps remove those worries. You can test the waters without handing over credit card details or committing to a long-term package.

    Free readings let you:

    • Experience how a real session feels
    • Gauge your comfort level with a reader
    • Observe the psychic’s style, tone, and accuracy
    •  Ask a meaningful question without financial commitment

    It’s the perfect way for first-timers to ease into spiritual self-discovery without pressure.

    ⇒ Chat with gifted psychics for your free psychic question!

    2. It Helps You Build Trust with a Psychic

    Trust is everything when working with a psychic. You’re opening up about sensitive areas of your life — from love and loss to career crossroads and health anxieties. If you’re going to be vulnerable, you need to feel safe.

    A free psychic chat session creates space to:

    • Assess whether the psychic is empathetic and grounded
    • See how they respond to your energy and concerns
    •  Ensure they don’t make outrageous claims or pressure you to pay

    Genuine psychics are focused on helping, not selling. A free reading allows you to build a real energetic rapport before deciding to move forward.

    3. You Can Explore a Variety of Psychic Specialties

    Not every psychic works the same way. Some are clairvoyants who see visions. Others are mediums who connect with past loved ones. Some rely on tools like tarot or astrology, while others are deeply intuitive empaths.

    Starting with a free psychic reading means you can sample different specialties and styles, and discover what works well for your unique needs.

    You might try:

    • A tarot card pull to gain insight into a decision
    • A clairvoyant to explore your future path
    • A spiritual medium to connect with a departed relative
    • An astrologer for a birth chart reading
    •  A pendulum or numerology expert for yes/no questions

    Exploring these services at no cost allows you to find your preferred modality and the psychic who most closely resonates with your energy.

    ⇒ Receive intuitive guidance with a free psychic reading

    4. It Encourages Clarity and Specificity in Your Questions

    A free session may only last 3 to 5 minutes or cover one free psychic question, which is a disguised benefit. Limited time encourages you to get clear about what you want to know.

    Instead of asking vague questions like “What’s going to happen to me?”, you learn to ask sharper, more focused questions such as:

    • “What energy surrounds my relationship right now?”
    • “How should I approach the job interview next week?”
    •  “What’s blocking me from moving forward emotionally?”

    This clarity often results in more meaningful, accurate guidance and creates better psychic sessions, even if you choose to pay later.

    ⇒ Receive guidance from real psychics for free — no payment needed

    5. You Gain Immediate Emotional Insight

    Many users of the psychic experts report that their first free psychic reading gave them instant validation. Whether it’s hearing something you’ve been secretly feeling or receiving encouragement from a psychic stranger, the experience can be deeply healing.

    You may not get all the answers in a short session, but often, a shift happens — emotionally, spiritually, or energetically. You walk away with more clarity, confidence, or even a spark of hope.

    ⇒ Ask your free psychic question and connect live now

    Tips for Getting the Most Out of Your Free Reading

    A free psychic reading online can be an incredibly enlightening experience—if you approach it with the right mindset. Whether you’re seeking clarity on love, career, or personal healing, how you prepare and participate will directly impact the value you receive.

    At the-psychic-experts.com, we’ve compiled expert-backed advice to help you make the most of your free psychic question, from emotional prep to spotting red flags and navigating what comes after.

    1. Prepare Emotionally and Spiritually

    Before you ask a free psychic question, center yourself for a few quiet minutes. A grounded emotional state makes your energy clearer, making it easier for a psychic to tune in accurately.

    Try this quick pre-reading checklist:

    • Find a quiet space: Choose somewhere you won’t be interrupted.
    • Set an intention: Focus on what you want to gain—clarity, peace, direction.
    •  Breathe deeply: Even a few deep breaths can calm your mind and body.

    Remember, your energy shapes your experience. You’re more likely to walk away with meaningful insights when you show up open but emotionally balanced.

    ⇒ Meet real psychic readers offering free chat now

    2. Ask Clear, Open-Ended Questions

    One of the most common mistakes in free psychic love reading sessions is asking yes/no or overly vague questions like, “Will I ever find love?” or “What’s going to happen to me?”
    Instead, reframe your query to invite deeper insight:

    • “What can I do to attract a healthier relationship?”
    • “What energy surrounds my connection with [Name] right now?”
    •  “What should I focus on to grow in my career?”

    Good psychics thrive on clarity and curiosity. The better your question, the more actionable your answer.

    3. Be Aware of Red Flags in Free Psychic Services

    Not all psychic platforms are created equal. While the-psychic-experts.com only recommends trusted advisors, there are some warning signs to watch out for, especially during free psychic reading online sessions.

    Avoid psychics who:

    • Use fear tactics (e.g., “You’re cursed—pay $200 to fix it”)
    • Push unnecessary upsells or insist you “must” buy more time
    • Offer only generic or vague answers
    •  Refuse to answer your original question and keep redirecting

    Real psychics don’t rely on scare tactics or manipulative sales pitches. They offer respectful, empowering guidance, even in a free session.

    ⇒ Discover what the universe has planned — free psychic insight

    4. Know What Comes After the Free Session

    Once your free minutes are up, you have a choice:

    • End the session and reflect on the message received
    • Continue with a paid session if the connection feels genuine
    • Try a different psychic if you didn’t resonate with the first

    You can also journal your experience—what you asked, what stood out, and what emotions came up. Reflection helps you integrate insights more deeply.

    Additionally, many platforms offer first-time deals for extended sessions. Continuing might be worth it if you felt a real spark of clarity in your free psychic love reading.

    ⇒ Talk with an intuitive expert and ask your free psychic question

    FAQs About Free Psychic Readings in 2025

    Free psychic readings are becoming one of the most searched spiritual wellness tools in 2025 — but naturally, people have questions. Below are the most common queries users ask, whether they’re first-timers or returning seekers.

    Is the psychic reading free?

    Many platforms featured in the psychic experts platform offer new users a free psychic reading online. It may be free minutes via chat or phone, a free introductory question, or a single free psychic love reading to give you a sense of what the advisor is like. No strings attached, just spiritual insight.

    What’s the catch with free psychic chat services?

    There’s no real “catch,” but it helps to understand the fine print. Most free psychic chat services are introductory offers designed to let you try before you buy. The session typically shifts into a paid format after your free minutes or single psychic question is answered. Still, you’re not obligated to continue unless you feel it’s worth it.

    Can I get a free reading without giving credit card info?

    Absolutely. highly-rated services on The-Psychic-Experts.com offer free psychic readings online with no required credit card. You can often access chat-based or app-based sessions without entering financial information, especially for basic questions or trial readings.

    What kind of questions can I ask a psychic for free?

    You can ask almost anything, but it is recommended to keep it focused and specific. Popular topics include:

    • Love and relationships
    • Career and finances
    • Life purpose and personal growth
    •  Future decisions or crossroads

    Examples:

    • “What does the future hold for my relationship?”
    • “Should I take the job offer I just received?”
    •  “What’s blocking me from finding clarity right now?”

    Just remember — most free psychic reading online sessions limit the number of questions or minutes, so focus on your high priority.

    Is a free psychic reading accurate?

    Yes, especially when you’re using a trusted platform. The psychics featured by the psychic experts platform are vetted for integrity and ability. Even a short free psychic love reading or yes/no question can provide startlingly accurate and emotionally resonant guidance. The key is approaching the session with an open mind and clear energy.

    Media Contact
    Company: The Psychic Experts
    Contact Person: Anthony C. Bedoya
    Email: support@the-psychic-experts.com
    Address: 1 Fremont St, Las Vegas, NV 89101, USA
    URL: https://the-psychic-experts.com/
    Phone: +1 414-203-2598

    Content Accuracy Disclaimer
    Every effort has been made to ensure the accuracy of the information presented in this article. However, due to the dynamic nature of product formulations, promotions, and availability, details may change without notice. The publisher makes no warranties or representations as to the current completeness or accuracy of any content, including product claims, pricing, or ingredient lists.

    It is the responsibility of the reader to verify product information directly through the official website or manufacturer prior to making a purchasing decision. Any reliance placed on the information in this article is done strictly at your own risk.

    Affiliate Disclosure
    This article may contain affiliate links. If you purchase a product or service through these links, the publisher may earn a commission at no additional cost to you. These commissions help support the creation of in-depth reviews and educational wellness content.

    The publisher only promotes products that have been independently evaluated and deemed potentially beneficial to readers. However, this compensation may influence the content, topics, or products discussed in this article. The views and opinions expressed are those of the author and do not necessarily reflect the official policy or position of any affiliate partner or product provider.
    All product reviews and descriptions reflect the author’s honest opinion based on available public data, user feedback, and scientific references at the time of writing. The inclusion of affiliate links does not influence the objectivity or integrity of the content. However, readers are encouraged to independently verify product information and consult with healthcare professionals prior to purchase or use.

    No warranties, either expressed or implied, are made about the completeness, accuracy, reliability, or suitability of the content provided. The publisher and all affiliated parties expressly disclaim any and all liability arising directly or indirectly from the use of any information contained herein.

    Product and Trademark Rights
    All product names, logos, and brands mentioned are the property of their respective owners. Use of these names does not imply endorsement unless explicitly stated. The-Psychic-Exerts.com®.com® are the trademarks of its respective brand owner.

    Attachment

    The MIL Network –

  • MIL-OSI: Talkdesk achieves full FedRAMP authorization for CX Cloud Government Edition

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., June 05, 2025 (GLOBE NEWSWIRE) — Talkdesk®, Inc., a global provider of artificial intelligence (AI)-powered customer experience (CX) technology that serves enterprises of all sizes, today announced it has achieved FedRAMP® Authorization for Talkdesk CX Cloud Government Edition™.

    The authorization validates that Talkdesk meets the stringent security and compliance standards of the United States (U.S.) federal government for cloud service providers, reinforcing its commitment to supporting public sector customers with a secure, simple cloud contact center platform purpose-built to deliver modern stakeholder service.

    FedRAMP certification requires a meticulous and rigorous product assessment, ensuring adherence to the most stringent security standards. With full FedRAMP Authorization, Talkdesk is strategically positioned to expand its services to U.S. federal and state agencies and higher education institutions—enhancing modernization of citizen and other stakeholder services at government agencies at an accelerated scale, without the hindrance of lengthy procurement cycles or concerns over sensitive data management.

    Talkdesk CX Cloud Government Edition brings key benefits for government agencies. It enhances citizen experiences with voice engagement support across multiple channels, including call control and orchestration and routing features; agent workspace to place all relevant customer information on a single pane of glass; quality management to evaluate and improve agent interactions; workforce management to forecast, plan, and develop staff schedules; standard and custom reporting with bespoke and granular access to data and dashboards; and Bring Your Own Carrier (BYOC) capabilities.

    “Public sector organizations are challenged with meeting the CX needs of the stakeholders they serve while ensuring those interactions and data stay secure. Agencies can now implement and use Talkdesk CX Cloud Government Edition with confidence,” said Tiago Paiva, chief executive officer and founder of Talkdesk. “This designation unblocks lengthy procurement motions and allows any agency to leverage Talkdesk’s modern, yet secure, cloud-based CX platform to accelerate enhanced citizen service, while maintaining stakeholder trust, security, and compliance.”

    About Talkdesk

    Talkdesk® is on a mission to rid the world of bad customer experience. With our cloud-native, generative AI-powered CX platform, purpose-built industry solutions, and extensible AI offerings, we empower enterprises in the cloud and on-premises to deliver exceptional customer experiences that make them more competitive, grow revenue, reduce costs, and provide operational efficiencies. With specialized workflows and integrations delivered out of the box for our Industry Experience Clouds, Talkdesk accelerates value for our customers faster and more simply than legacy or one-size-fits-all solutions.

    Partnering with enterprises globally, we deliver continuous innovation and breakthrough results. Our commitment to reliability and security, paired with our track record of delivering on promises, sets us apart in the industry. Elevate customer experiences, streamline operations, and increase revenue with Talkdesk. Companies that love their customers use Talkdesk.

    Talkdesk is a registered trademark of Talkdesk, Inc. All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

    Media Contact:

    Talkdesk Public Relations
    pr@talkdesk.com

    The MIL Network –

  • MIL-OSI: PFMcrypto Announces Zero-Fee Digital Asset Management Platform for Dogecoin Miners in 2025

    Source: GlobeNewswire (MIL-OSI)

    PFMcrypto Image

    LOS ANGELES, June 05, 2025 (GLOBE NEWSWIRE) — PFMcrypto, the most trusted Dogecoin mining brand in 2025, is excited to introduce its innovative zero-fee digital asset management platform, aimed at providing cryptocurrency miners with an easy, profitable, and transparent way to mine Dogecoin. Whether you’re a seasoned miner or just starting out, PFMcrypto offers a secure and flexible way to build wealth through digital assets, all while eliminating unnecessary fees and long-term commitments.

    Earn Daily Profits with Zero Fees and Flexible Contracts

    PFMcrypto’s platform is built to offer users an opportunity to generate daily profits without the hassle of hidden fees or complex contracts. The platform’s key features include:

    • Daily Profit: Users can start earning immediately from Dogecoin mining with the promise of daily profits, enabling a steady passive income stream.
    • Flexible Contracts: PFMcrypto offers contract plans that cater to a range of needs and risk preferences, providing flexibility to adjust as market conditions change. Whether you want a short-term or long-term commitment, PFMcrypto has you covered.
    • Withdraw Anytime: Unlike traditional mining services, PFMcrypto allows users to withdraw their earnings at any time, with no withdrawal restrictions.
    • Zero Fees: PFMcrypto charges absolutely no fees, no hidden costs, no withdrawal charges, just 100% of your earnings.

    The platform is designed with simplicity and user-friendliness in mind, making it accessible to both beginners and advanced miners. Whether you’re looking to dip your toes into the world of cryptocurrency or maximize your existing Dogecoin holdings, PFMcrypto provides an easy-to-navigate solution that requires minimal technical expertise.

    An independent case study noted that a user generated $24,000 in digital asset returns over 30 days using the platform’s optimization features. PFMcrypto reports that such outcomes are possible due to its automated real-time switching between supported currencies, designed to reflect prevailing market performance.

    The Trusted Platform for Dogecoin Miners in 2025

    PFMcrypto’s reputation as the most trusted Dogecoin mining brand in 2025 is built on its commitment to security, transparency, and customer satisfaction. With a focus on providing high-quality service and innovative technology, PFMcrypto has quickly become the go-to platform for digital asset management. The platform is trusted by thousands of users around the world, all of whom benefit from reliable returns and a transparent mining process.

    Why Click the Link?

    Are you ready to start your Dogecoin mining journey? By visiting PFMcrypto.net, you can take the first step toward building your digital wealth with zero fees and flexible earning options. As the most trusted Dogecoin mining platform in 2025, PFMcrypto ensures that you will be part of a secure, growing community of miners.

    Clicking the link will not only give you access to start mining immediately, but you’ll also discover exclusive offers that can boost your mining potential. PFMcrypto makes it easy to grow your digital asset portfolio, while ensuring transparency and security at every step.

    Media Contact:
    Amelia Elspeth
    PFMcrypto
    info@pfmcrypto.net
    https://pfmcrypto.net/

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ba003e10-0422-45f5-b58d-0dfcf94f3982

    The MIL Network –

  • MIL-OSI: ESFI Urges Emergency Preparedness Ahead of 2025 Hurricane Season

    Source: GlobeNewswire (MIL-OSI)

    ARLINGTON, Va., June 05, 2025 (GLOBE NEWSWIRE) — As life-threatening storms continue to strike with increasing frequency and severity year over year, a growing number of people will be impacted by hurricanes, lightning, tornadoes, and other hazards. Preliminary hurricane forecasting indicates another above-average hurricane season in 2025.

    Post-storm electrical hazards are frequently responsible for deaths and injuries during the summer months. The high winds, extreme rains, and devastating flooding caused by hurricanes and tornadoes present unique electrical dangers, and those living in affected areas should be aware of these hazards to keep themselves safe.

    The Electrical Safety Foundation International (ESFI) has published numerous materials in recent years educating the public on how to prepare for hurricanes and other severe storms. This release provides safety tips related to hurricanes, flooding, portable generators, and lightning.

    Hurricane and Flooding Safety

    Hurricane season in the U.S. runs from June through November and most significantly impacts coastal southeastern U.S. states. Flooding is a concern associated with hurricanes but is not limited to hurricane events or coastal areas. Flooding can occur anywhere, and all 50 U.S. states have experienced floods or flash floods in the past five years. Water and electricity do not mix, but there are precautions you can take to stay safe before, during, and after a hurricane, severe storm, or flood:

    • Before a storm, follow directives, if any, to turn off your home’s utilities. If you are advised to switch off your home’s power, flip each breaker and then turn off the main breaker. Charge cell phones and other communication devices and unplug electronics and move them as high as possible from the floor.
    • Always use ground fault circuit interrupters (GFCIs) in areas where water and electricity may come into contact.
    • During a storm, do not enter flooded areas until they are determined safe by a professional. Submerged outlets or electrical cords may energize standing water. Similarly, do not go near downed power lines, especially if there is standing water nearby. Always assume downed power lines are live.
    • After a storm, if your home has experienced flooding, keep the power off until an electrician has inspected your system for safety, including appliances that have been wet.

    Portable Generator Safety

    Portable generators can be a useful resource in weathering a storm but can create new hazards if operated incorrectly. Here are tips on how to avoid electric shock and carbon monoxide (CO) poisoning:

    • Always keep generators outside at least 20 feet away from your home and never operate a generator in an enclosed space. Keep generators away from doors, windows, and vents. Make sure your home has CO alarms outside each sleeping area and on every level of the home. If you experience CO poisoning symptoms, leave the premises immediately and call 911.
    • Always use grounded cords and inspect cords for damage prior to use. Keep generators dry and do not operate when wet.
    • Do not overload generators, and do not plug a generator directly into your home. Connect items being powered directly to the generator.
    • Transfer switches are the only way to safely power your home’s electrical system. Using a transfer switch prevents backfeeding. This occurs when your generator becomes a power source for the surrounding area. Backfeeding can damage your and your neighbors’ homes and injure workers trying to restore power.

    Lightning Safety

    While direct outdoor strikes from lightning are responsible for the majority of lightning deaths and injuries, lightning can pose risks to people inside homes or other buildings. Direct or nearby lightning strikes can overwhelm a building’s electrical systems and cause damaging surges. Follow these tips to protect yourself and your property in the event of lightning:

    • Surge protective devices (SPDs) are the first line of defense against home electrical surges, and Type 1 SPDs can protect your electrical system in the case of nearby lightning.
    • During a lightning event, avoid making contact with anything connected to your home’s wiring or plumbing systems.

    ABOUT ESFI

    The mission of the Electrical Safety Foundation International (ESFI) is to reduce electrical deaths, injuries, and fires through public education and outreach and by being the trusted voice on electrical safety. For free safety materials that you can share throughout your community, visit esfi.org.

    Contact:
    Evan Jones
    Electrical Safety Foundation International
    703.841.3247
    evan.jones@esfi.org

    The MIL Network –

  • MIL-OSI: iQor CXBPO™ Unveils infinityAiQ™ Platform Powering the Future of Intelligent Customer Experiences

    Source: GlobeNewswire (MIL-OSI)

    FT. LAUDERDALE, Fla., June 05, 2025 (GLOBE NEWSWIRE) — iQor CXBPO™, an award-winning customer experience business process outsourcing (BPO) provider, today announced the launch of infinityAiQ™, a unified intelligence platform that combines human expertise, AI, and analytics to optimize every stage of the customer experience. The platform is designed to help clients deepen loyalty, reduce costs, and increase revenue through smarter, more adaptive CX operations.

    Built to power iQor’s CXBPO model, the infinityAiQ platform integrates intelligence across the agent and customer lifecycles — from hiring and training to engagement, resolution, and recovery. It combines secure infrastructure, proprietary AI tools, and enriched data pipelines into a cohesive, scalable system. A key component, Insights iQ™, extracts predictive, real-time intelligence from every customer interaction. Powered by iQor’s VALDI advanced analytics engine and enhanced through an industry-first collaboration with OpenAI, Insights iQ enables brands to act on 100% of conversations — not just samples — to uncover trends, detect churn risks, and accelerate action.

    “infinityAiQ is the engine propelling our CXBPO model to help clients compete in a world where customer experience drives business growth,” said iQor President and CEO Chris Crowley. “By harnessing data, technology, and expertise, we deliver a scalable foundation for faster innovation, smarter decisions, and stronger customer relationships. This platform enables our clients to move beyond traditional outsourcing models and into proactive, insight-driven growth.”

    infinityAiQ offers three integrated solution pillars to help brands turn customer experience into competitive advantage:

    • People iQ: Intelligent hiring, onboarding, and training systems that match best-fit talent to client needs, building high-performing, scalable teams.
    • Process iQ: Streamlined workflows and automation that reduce costs and improve speed, accuracy, and customer satisfaction.
    • Insights iQ: Predictive analytics and real-time decisioning tools that identify patterns, uncover opportunities, and drive revenue-enhancing CX strategies.

    iQor’s investment in automation and machine learning enables its infinityAiQ platform to process over 2.7 billion tokens per week through LLMs and apply advanced predictive analytics to 100% of the call volume, driving significant improvements in performance and customer experience.

    “infinityAiQ is the culmination of years of investment in secure infrastructure, proprietary AI, and advanced analytics,” said Prabhjot Singh, Chief Digital Officer at iQor. “We’ve engineered a platform that transforms unstructured data from every interaction into real-time business intelligence — fueling predictive decisioning, automation, and continuous optimization across the CX journey.”

    With iQor’s PCI-DSS, SOC 1 and 2 Type 2, HITRUST, and ISO 27001 certifications, as well as HIPAA compliance, infinityAiQ provides clients with the confidence of operating on a secure, resilient infrastructure. Whether deployed as a full contact center solution or integrated with existing systems, the platform is designed to deliver unmatched intelligence and flexibility across omnichannel environments without disruption.

    To learn more about how infinityAiQ powers unified intelligence for unmatched CX results, visit www.iqor.com/infinityAiQ.

    About iQor CXBPO™
    iQor CXBPO™ is a trusted partner in intelligent customer experience solutions, delivering exceptional results for global brands. With 40,000 employees across 10 countries, we combine 30 years of industry expertise with cutting-edge AI-driven innovations to optimize customer interactions at every stage. Our agile, scalable solutions ensure seamless omnichannel engagement, driving loyalty and measurable business success. Recognized as a Great Place to Work® and a leader in CX excellence, we elevate performance through a people-first approach, operational expertise, and secure, technology-enabled solutions. Learn more at iQor.com.

    The MIL Network –

  • MIL-OSI: Ethical Web AI Launches AI Vault SaaS on AWS Marketplace

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) — Bubblr Inc., doing business as Ethical Web AI (OTC: BBLR), a leader in enterprise-specific generative AI, is proud to announce the launch of AI Vault SaaS on the AWS Marketplace. This new software-as-a-service version of AI Vault marks a major milestone for the company, dramatically simplifying deployment and expanding market accessibility.

    AI Vault Enterprise—Ethical Web AI’s original flagship solution—requires integration into a client’s AWS environment, often involving time and DevOps resources. While larger enterprises may accommodate this with ease, smaller companies and those seeking to trial the product may find it a barrier to adoption.

    The new AI Vault SaaS eliminates this friction. Now available directly via the AWS Marketplace, it allows businesses to deploy instantly without needing to configure their cloud infrastructure. This significantly shortens the sales cycle and makes it easy for companies of all sizes to experience AI Vault’s capabilities firsthand.

    “The launch of AI Vault SaaS is a game-changer,” said Steve Morris, CTO and Founder of Ethical Web AI. “Amazon’s support has been phenomenal throughout this process. Our recent accreditation as an AWS Software Partner has been one of the most significant milestones in our history. It’s enabled us to deliver both versions of AI Vault through the AWS Marketplace and unlock powerful co-marketing opportunities.”

    AI Vault SaaS is priced at $20 per user, slightly higher than the $15 per user cost of AI Vault Enterprise due to Ethical Web AI absorbing the full computational workload. Despite this, both offerings remain more cost-effective than typical generative AI competitors, offering significantly greater enterprise control and transparency.

    The company expects to onboard its first five clients within the next week, a milestone that will activate expanded AWS co-marketing support and signal the start of a full-scale commercial push through direct sales and reseller partnerships.

    About AI Vault
    AI Vault is a groundbreaking generative AI platform engineered for enterprises that prioritise security, privacy, and control. With 27% of global businesses—especially financial institutions and highly regulated organisations—hesitant to adopt generative AI due to data concerns, AI Vault provides a trusted alternative.

    The platform offers:

    • Full control and visibility over AI interactions within the organisation
    • Zero data sharing with Ethical Web AI or any third-party LLM partners
    • Protection through three USPTO patents, including a key patent that guarantees client data never leaves their environment

    Watch the explainer video to see AI Vault in action:

    AI Vault Explainer Video (https://ethicalweb.ai/ai-vault-explainer-video/)

    About Ethical Web AI
    Ethical Web AI is a mission-driven technology company advocating for a safer, more transparent internet. Our patented generative AI solutions are designed to empower enterprises with the tools they need to innovate confidently—without compromising ethics, privacy, or security.

    Safe Harbor Statement
    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management. They are subject to several uncertainties and risks that could significantly affect the Company’s current plans and expectations, future operations, and financial condition. The Company reserves the right to update or alter its forward-looking statements, whether due to new information, future events or otherwise.

    Media and investor contact: tom.symonds@ethicalweb.ai

    The MIL Network –

  • MIL-OSI: Siili Solutions Plc: Share Repurchase 5.6.2025

    Source: GlobeNewswire (MIL-OSI)

    Siili Solutions Plc       Announcement  5.6.2025
         
         
    Siili Solutions Plc: Share Repurchase 5.6.2025  
         
    In the Helsinki Stock Exchange    
         
    Trade date           5.6.2025  
    Bourse trade         Buy  
    Share                  SIILI  
    Amount             1 100 Shares
    Average price/ share    6,3633 EUR
    Total cost            6 999,63 EUR
         
         
    Siili Solutions Plc now holds a total of 5 098 shares
    including the shares repurchased on 5.6.2025  
         
    The share buybacks are executed in compliance with Regulation 
    No. 596/2014 of the European Parliament and Council (MAR) Article 5
    and the Commission Delegated Regulation (EU) 2016/1052.
         
    On behalf of Siili Solutions Plc    
         
    Nordea Bank Oyj    
         
    Sami Huttunen Ilari Isomäki  
         
    Further information:    
    CFO Aleksi Kankainen    
    Email: aleksi.kankainen@siili.com    
    Tel. +358 50 584 2029    
         
    www.siili.com    

    Attachment

    The MIL Network –

  • MIL-OSI: Sunlight Simplify and Preverity Announce Strategic Integration

    Source: GlobeNewswire (MIL-OSI)

    ORLANDO, Fla. and NASHVILLE, Tenn., June 05, 2025 (GLOBE NEWSWIRE) — Sunlight Simplify, a leading provider of cloud-based, no-code and low-code policy administration solutions for insurance carriers and managing general agents (MGAs) and Preverity, Inc., the nation’s leader in clinical risk solutions, are excited about this new partnership aiming to revolutionize how insurers manage policy lifecycles by embedding real-time medical and billing intelligence directly into underwriting, claims processing, and policy servicing workflows.

    “This partnership reflects our commitment to innovation and automation in insurance operations,” said Bernadette Leh, President of Sunlight Simplify. “By connecting Sunlight Simplify with verified medical and billing information, our customers can make faster, more informed decisions, ultimately improving service quality and operational efficiency.”

    Preverity brings deep domain expertise and a robust network of data sources, delivering accurate, real-time medical records and billing data through a secure API framework. By embedding this intelligence into the Sunlight Simplify ecosystem, insurers gain a powerful tool to reduce fraud, accelerate underwriting, and simplify audits.

    “We’re excited to work with Sunlight Simplify to help carriers modernize their approach to policy management,” said Gene Boerger, President & COO of Preverity. “This integration empowers insurance providers with the data transparency they need to stay competitive in a digital-first marketplace.”

    About Sunlight Simplify
    Sunlight Simplify is a cloud based, no-code & low-code, Policy Administration software solution for Insurance Carriers and MGAs. The enterprise suite is tailored to support the specific requirements of the Medical Professional Liability Insurance line of business. The highly flexible, multi-language, multi-currency configurable solution allows for quick implementation across states, territories and countries.

    Contacts:

    Martin Kowal
    Sunlight Simplify
    mkowal@sunlightsolutions.com
    708-668-3794

    About Preverity

    Preverity, Inc. is the nation’s pre-eminent Insurtech provider of technology and advanced analytics focused on improving patient safety and advancing clinical risk management for healthcare systems and medical malpractice insurance carriers. With the largest risk management repository of medical and pharmacy claims data in the US, Preverity provides timely and accurate intelligence on clinical activities benchmarked against national, regional, and system standards. Learn more at www.preverity.com.

    Preverity PSO, LLC is a federally listed Patient Safety Organization and wholly owned subsidiary of Preverity, Inc., focused on improving patient outcomes and enhancing overall safety in healthcare delivery. Visit www.preveritypso.com to learn more.

    Contacts:

    Gene Boerger
    Preverity
    gene.boerger@preverity.com
    615-260-3925

    The MIL Network –