Category: GlobeNewswire

  • MIL-OSI: Atana Wins Two Gold at the 5th Annual 2025 Globee® Awards for Disruptors

    Source: GlobeNewswire (MIL-OSI)

    BELLEVUE, Wash., June 04, 2025 (GLOBE NEWSWIRE) — Seeking to redefine workplace culture and training, Atana is proud to announce that it has been named the gold winner of the Data-Driven Innovation Disruptor and the Corporate Training Program Disruptor awards at the 5th Annual 2025 Globee® Awards for Disruptors. The prestigious global recognition honors companies like Atana that challenge the status quo and drive meaningful transformation across industries.

    “The 2025 winners represent the spirit of disruption that’s shaping the future of business,” said San Madan, President of the Globee® Awards. “These innovators are not just responding to change—they are creating it.”

    Renowned for its ability to turn awareness into action, Atana has won six awards in the last year. Designed to maximize learner engagement and optimize return on investment, Atana’s solutions are built around its proprietary behavioral analytics engine. This enables teams to measure the impact of training and identify areas where additional initiatives are needed.

    “In today’s continually evolving climate, creating positive, respectful workplaces directly corresponds with tangible business outcomes, including employee engagement and retention,” said Atana CEO John Hansen. “In support of this, Atana’s award-winning solutions combine coursework and advanced analytics that challenge traditional training methods and deliver real results.”

    This Friday, June 6, Hansen will present “Developing and Enabling an Inclusive, Respectful Workforce” at 10:30 a.m. CT during HR Summer School. For more information about this complimentary event, including registration details, please visit https://hrsummerschool.org.

    Learn more about Atana and its award-winning solutions at https://www.atana.com.

    About Atana

    Bringing together decades of experience, award-winning courses, and a powerful analytics platform, Atana takes learners from best intentions to actionable and measurable behavioral change at scale. With Atana, employers can build more inclusive workplaces through engaging content and science-backed learning and development. For more information, please visit atana.com.

    The MIL Network

  • MIL-OSI: 74Software joins Euronext Tech Leaders, the initiative for high-growth and leading Tech companies

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    74Software joins Euronext Tech Leaders, the initiative for high-growth and leading Tech companies

    Paris, June 4, 2025 – 74Software is delighted to announce its inclusion in the Euronext Tech Leaders segment, an initiative dedicated to supporting high-growth and leading tech companies. This significant recognition validates the continuous commitment of the company to excellence in entreprise software development and its contribution to digital innovation for nearly 25 years.

    Launched in June 2022, the Euronext Tech Leaders initiative is backed by a strong network of partners and aims to highlight high-growth and leading tech companies listed on Euronext markets. It features a segment of 110 European companies, an index tracking their performance, and a dedicated programme of services and visibility opportunities designed to support them throughout their listing journey.

    This announcement follows the 2025 annual review of the Euronext Tech Leaders segment, which saw eight new companies added across diverse sectors including Aerospace & Defence, Biotech, Cleantech, Hardware and Software.

    In addition to joining the Euronext Tech Leaders Index, members benefit from a range of services and exclusive access to investor forums and conferences across Europe, providing valuable networking opportunities.

    For more information on the criteria for inclusion in the Euronext Tech Leaders segment, please visit the Euronext Tech Leaders criteria.

    74Software looks forward to the opportunities this inclusion brings and to leveraging the resources and network provided by the Euronext Tech Leaders initiative to accelerate growth and innovation in the tech sector.

    About 74Software

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

    Contacts – Investor Relations:

    Arthur Carli – +33 (0)1 47 17 24 65 – acarli@74software.com
    Chloé Chouard – +33 (0)1 47 17 21 78 – cchouard@74software.com

    Attachment

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  • MIL-OSI: TAB Bank Prescribes $2 Million Asset-Based Line of Credit for a Medical Supply Chain Financing and Logistics Company

    Source: GlobeNewswire (MIL-OSI)

    OGDEN, Utah, June 04, 2025 (GLOBE NEWSWIRE) — TAB Bank has provided a $2 million revolving asset-based line of credit for a Canadian medical supply chain financing and logistics company. The company opened a $2 million Certificate of Deposit (CD) at TAB Bank to serve as collateral on the loan.

    TAB Bank’s high-yield CD rate, currently at a 4.15% Annual Percentage Yield (APY), is a primary reason the medical supply chain solution provider chose to work with TAB. This strategic move allows the company to earn a return on its deposit while simultaneously building its commercial borrowing profile.

    The company offers supply chain financing and logistics support tailored specifically for North American medical service providers purchasing from local and global manufacturers. It provides a data-driven approach to procurement, inventory and end-to-end supply chain management of essential medical commodities, such as surgical supplies and medical devices for healthcare providers.

    “The medical supply chain solution provider’s decision to utilize TAB Bank’s high-yield CD as collateral is a smart, forward-thinking strategy,” said Ryan Gabriel, Vice President and Business Development Officer for the Pacific Northwest and Western Canada at TAB Bank. “It also highlights one of TAB’s key strengths—offering competitive deposit products that work hand-in-hand with our lending solutions to build value for our clients.”

    TAB Bank offers customized financial products to small and midsized businesses across a wide range of industries, like asset-based lending, equipment financing and working capital solutions. The bank’s personalized service and bold financial solutions continue to attract clients across North America.

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

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

    Contact Information:
    Trevor Morris
    Director of Marketing
    801-624-5172
    trevor.morris@tabbank.com

    The MIL Network

  • MIL-OSI: Top California Lender, LLC Closes $70 Million Loan for Multifamily Acquisition

    Source: GlobeNewswire (MIL-OSI)

    SANTA MONICA, Calif., June 04, 2025 (GLOBE NEWSWIRE) — Top California Lender, a leading private lender specializing in commercial lending, is proud to announce the successful closing of a $70 million loan to finance the acquisition of a multifamily property in Atlanta, Georgia. This significant achievement highlights the company’s expertise in facilitating large-scale real estate investments in high-growth markets across the United States.

    The loan, structured as an 18-month bridge term with an interest rate of 9.5% and interest-only payments, supports the purchase of a 400-unit Class A multifamily complex in Atlanta’s vibrant Midtown neighborhood. Valued at approximately $100 million, the property offers modern amenities and is well-positioned to meet the city’s growing demand for high-quality rental housing. The borrower, a prominent real estate investment firm, plans to enhance the complex with upgrades to attract premium tenants, capitalizing on Atlanta’s booming multifamily market. The loan features no prepayment penalty, providing the borrower with flexibility to secure long-term financing or sell the asset as market conditions evolve.

    “This closing demonstrates our ability to deliver fast, customized financing solutions for strategic acquisitions,” said Jerry Dean, CEO of Top California Lender, LLC. “We’re thrilled to support this investment in Atlanta, a market known for its robust multifamily growth, and to empower our client to unlock the property’s full potential.”

    The transaction underscores the strong demand for multifamily financing in Georgia, where population growth and urbanization continue to drive rental housing needs. Top California Lender, LLC’s efficient process, targeting closings within 30 days of approval, ensured the swift execution of this deal, solidifying its reputation as a trusted partner in commercial lending.

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

    The MIL Network

  • MIL-OSI: HTX Reveals Evolving Listing Strategy: Decoding the Future of Memes and Narratives from HPOS10I to Moonpig

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 04, 2025 (GLOBE NEWSWIRE) — HTX, a leading global cryptocurrency exchange, today unveiled key insights into its refined asset listing strategy, demonstrating a significant pivot from traditional evaluation metrics towards a focus on genuine community consensus, compelling narratives, and project transparency. This strategic evolution sets HTX apart from other major exchanges and reflects a deeper understanding of the shifting dynamics within the crypto market.

    Major exchanges have historically adopted divergent listing approaches. Binance often prioritizes projects with established user bases, reputable teams, or substantial strategic investments, reinforcing “official incubation” labels like Alpha and Launchpool to highlight platform empowerment and compliance. Conversely, OKX leverages its robust wallet ecosystem to foster community engagement, with on-chain performance serving as a crucial indicator of liquidity.

    HTX, however, has carved out a unique position in its latest assets listings. Moving beyond reliance on funding rounds or established venture capital, HTX’s criteria now heavily weigh community buzz, compelling narratives, and project transparency. This fresh perspective underpins a listing philosophy centered on identifying “genuine consensus”.

    The diversity of new additions in HTX’s recent New Listing zone—HPOS10I, SOON, and Moonpig—clearly demonstrates this approach. These projects, spanning viral memes, innovative technology, and organic community-driven initiatives, reflect different dimensions of the market. This illustrates how HTX Exchange develops its system for identifying high-quality assets with strong growth potential—through the lens of the platform, the project, and the user.

    Platform Perspective: Community-Led, Deep Narratives, and On-Chain Activity Define a New Listing Formula

    Exchange listings have typically focused on backend support, capital influence, or strategic wagers. However, HTX’s latest selection strategy signals a notable shift: while traffic remains a key factor, greater scrutiny is placed on the source of that traffic and the sustainability of its growth narrative.

    “HarryPotterObamaSonic10Inu” (HPOS10I), dubbed the “ultimate meme,” rose to prominence with its unique blend of chaotic narrative, community autonomy, and extensive cultural reach. What caught HTX’s attention was the genuine self-organizing power of its community and the rich narrative potential spanning NFTs, e-commerce, and multiple brand IPs. HTX’s decision to list HPOS10I signals a shift in trends: exchanges are moving beyond chasing short-term traffic to valuing the combined potential of deep narratives and ecosystem growth.

    Project Perspective: Where Tech Meets Meme with True Innovation

    In a narrative-driven market, purely technical projects often struggle to attract early liquidity without rapidly establishing an emotional connection. SOON effectively addresses this challenge.Its “Super App Stack (SAS)” model provides not only an L1-facing Rollup solution but also seamlessly integrates Web2 user scenarios, such as live streaming platforms and content portals, with on-chain technology. This establishes a closed loop from foundational technology to the end-user experience.

    HTX’s listing of SOON sends a clear message: exchanges are now encouraging “narrative-friendly tech.” “Tech that can tell a story” is becoming more sought after than purely complex, “hard-core” technical stacks.

    User Perspective: Fair Launch Grassroots Projects Can Gain Mainstream Platform Recognition

    Moonpig is a typical Pump.fun-native project, launched with no pre sales or VC backing, and driven entirely by its community. Its rapid surge in community engagement, powered by fair-launch mechanics and a lighthearted, meme-driven culture, reflects a deeply decentralized ethos. Moonpig serves as clear proof that even grassroots projects can gain recognition from centralized platforms.

    By listing Moonpig, HTX has delivered an obvious message: more organically grown, on-chain grassroots projects will have real opportunities for recognition and official listings on centralized platforms. Meme projects that organically emerge and grow within on-chain communities and meet the criteria for transparency and engagement can also earn the trust of exchanges and gain access to valuable resources.

    HTX’s Three Pillars for Spotting Tomorrow’s Valued Assets

    Based on the newly listed assets, HTX’s current listing strategy crystallizes into three core principles:

    1. Meme Projects with Lasting Narratives: The focus is on memes supported by authentic, self-governed communities and enduring cultural relevance—projects that evolve from simple memes into valuable IP beyond mere speculation.
    2. Narrative-Driven Tech Infra: Essential elements include solid tech, approachable narratives, and quick user attraction. Infra projects must leverage clear branding and “meme-like” narratives to connect with users and liquidity, rather than remaining obscure in complex whitepapers.
    3. Grassroots On-Chain Native Projects: Success depends on fair on-chain launches and genuine community consensus. “Grassroots Memes” with transparent operations, equitable beginnings, and a clean short-term track record are the next dark horses ready to gain recognition.

    As an established mainstream trading platform, HTX has distinctly shifted its listing strategy in this new cycle, shifting from a reactive “hotspot tracking” model to a more proactive, narrative-driven approach. The rationale is clear: the meme market has advanced beyond simple image-based jokes to embody deeper cultural identities and community affiliations. Concurrently, technical projects are gaining mainstream recognition not through traditional business development, but by embedding themselves into core communities through fresh narratives that better resonate with user contexts.

    Amidst this evolution, the role of exchanges is also transforming. They are no longer simply facilitators for asset listings, but increasingly act as critical selectors of compelling cultural narratives and robust consensus value.

    About HTX

    Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

    As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

    To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.

    For further inquiries, please contact Ruder Finn Asia glo-media@htx-inc.com

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0ccc59d1-b279-4582-a5c9-79268d2fffc8

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  • MIL-OSI: AndPartners Tops $25B in Client Assets to Start 2025: An ambitious start for a new wealth management firm aimed at changing the industry for the better

    Source: GlobeNewswire (MIL-OSI)

    ST. LOUIS, June 04, 2025 (GLOBE NEWSWIRE) — &Partners, a St. Louis-based, wealth management firm focused on attracting 100–150 of the best financial advisor teams in the U.S., is pleased to announce that it has onboarded over $25 billion in client assets, catapulting the firm into the top hybrid RIA wealth managers by size in just 18 months.

    “We started this company with a commitment to creating an environment where advisors can thrive, and clients can achieve their financial dreams with confidence. And we’re doing just that,” said David Kowach, CEO and cofounder of &Partners. “The $25 billion milestone, which we reached early this year, is an important one for us as it makes us not just one of the fastest growing over the last few years, but also one of the largest hybrid RIAs in this country. We feel privileged to call the advisors we’ve onboarded partners, and we are extremely excited for the year ahead.”

    Unlike many of its competitors, &Partners is employee- and advisor-owned with a very broadly distributed equity base. Shared ownership at &Partners creates alignment across home office employees, advisors, and their clients. According to Kowach, the secret ingredient fueling the company’s success and propelling the firm’s forward momentum is the &Partners approach to ownership. “Advisors are meaningful owners of our firm, and this ownership opportunity is a key driver of our growth.”

    &Partners was founded by a team of seasoned professionals with a long history in the advisory and asset management industries. At &Partners, an institutional-quality investment platform is paired with flexible technology that can accommodate a wide range of advisor preferences. The operational and investment support is white glove by design. No call centers and no 1-800 numbers.

    The hallmark of the culture at &Partners is empowerment. The growth of the firm will be capped at approximately 150 teams of advisors to help avoid the pitfalls of a “lowest common denominator approach” to decision-making by management teams too focused on scale rather than excellence. Advisors at &Partners will have the freedom to do what is right for clients, and they will be supported by a team of professionals with an “on call” mentality. Kristi Mitchem, who founded the firm together with David Kowach and John Alexander, describes the &Partners investment team as “concierge” in its orientation.

    “We want to meet advisors and their clients where they are. Every client and advisor will have access to institutional quality investment solutions that are designed to fit their needs and their dreams—precisely.” “Our clients deserve nothing less than unwavering dedication to their financial well-being,” adds John Alexander. “At the bigger firms, bureaucracy can get in the way of sound, common sense decision-making. The size of &Partners allows us to make individualized decisions with an unwavering focus on client value creation.”

    &Partners invites both advisors and clients to experience a new era of advisory services where their needs come first. To learn more about the firm, please visit andpartners.com or contact Trevor Wade at marketing@andpartners.com.

    About &Partners

    &Partners is a rapidly growing wealth management firm built for advisors seeking greater ownership, flexibility, and community. Founded by former Wells Fargo leaders and based in Nashville, Tennessee, and St. Louis, Missouri, the firm offers a hybrid model that combines high payouts with equity participation, institutional support, and access to a collaborative peer network. With nearly $30 billion in client assets and over 80 advisor teams as of May 2025, &Partners provides a platform where advisors can build lasting businesses on their terms — without sacrificing service, scale, or culture. Clearing and custody services are provided by National Financial Services LLC, a Fidelity company. Our mission is to change financial lives for the better by providing highly personalized advice that seeks to avoid missteps and optimize opportunities. To learn more, visit andpartners.com.

    &Partners is the enterprise trade/marketing name for Ampersand Partners LLC, a Delaware limited liability company, and its subsidiary, &Partners, LLC, a Tennessee limited liability company registered with the U.S. Securities and Exchange Commission as a broker-dealer and investment adviser. Securities and investment advisory services offered through &Partners, LLC, member FINRA and SIPC.

    Media Contacts: Trevor Wade, trevor.wade@andpartners.com, (415) 515-4560 and Kate Ennis, ennis@DAIPartnersPR.com, (301)580-6726

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b7a24f3e-b62d-4020-ba9d-b8afaab77fbc

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  • MIL-OSI: Treasury Bill Auction Announcement – RIKV 25 0917 – RIKV 25 1217

    Source: GlobeNewswire (MIL-OSI)

    Series RIKV 25 0917 RIKV 25 1217
    ISIN IS0000037349 IS0000037695
    Maturity Date 09/17/2025 12/17/2025
    Auction Date 06/06/2025 06/06/2025
    Settlement Date 06/11/2025 06/11/2025

    On the Auction Date, between 10:30 am and 11:00 am, the Government Debt Management will auction Treasury bills in the Series, with the ISIN numbers and with the Maturity Dates according to the table above. Payments for the Treasury bills must be received by the Central Bank before 14:00 on the Settlement Date and the Bills will be delivered in electronic form on the same day.

    Please note that the Treasury bill RIKV 25 0917 is registered electronically at Verðbréfamiðstöð Íslands hf. central securities depository (VBM). The Treasury bill RIKV 25 1217 will be registered at Nasdaq CSD.

    Further reference is made to the General Terms of Icelandic Treasury bills and General Terms of Auction for Treasury bills on the Government Debt Management website.

    For additional information please contact Tryggvi Freyr Harðarson, Government Debt Management, at +354 569 9630.

    The MIL Network

  • MIL-OSI: Siili Solutions Plc: Share Repurchase 4.6.2025

    Source: GlobeNewswire (MIL-OSI)

    Siili Solutions Plc       Announcement  4.6.2025  
           
           
    Siili Solutions Plc: Share Repurchase 4.6.2025    
           
    In the Helsinki Stock Exchange      
           
    Trade date           4.6.2025    
    Bourse trade         Buy    
    Share                  SIILI    
    Amount             1 100 Shares  
    Average price/ share    6,3600 EUR  
    Total cost            6 996,00 EUR  
           
           
    Siili Solutions Plc now holds a total of 3 998 shares  
    including the shares repurchased on 4.6.2025    
           
    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: Treasury Bond Auction Announcement – RIKB 27 0415 – RIKB 35 0917

    Source: GlobeNewswire (MIL-OSI)

    Series RIKB 27 0415 RIKB 35 0917
    ISIN IS0000036291 IS0000035574
    Maturity Date 04/15/2027 09/17/2035
    Auction Date 06/06/2025 06/06/2025
    Settlement Date 06/12/2025 06/12/2025
    10% addition 06/11/2025 06/11/2025

    On the Auction Date, between 13:30 am and 14:00 am, the Government Debt Management will auction Treasury bonds in the Series, with the ISIN numbers and with the Maturity Dates according to the table above. Payments for the Treasury bonds must be received by the Central Bank before 14:00 on the Settlement Date, and the Bonds will be delivered in electronic form on the same day. Article 6 of the General Terms of Auction for Treasury bonds applies for the right to purchase an additional 10%.

    Further reference is made to the description of the Treasury bond and the General Terms of Auction for Treasury bonds on the Government Debt Management website.

    For additional information please contact Tryggvi Freyr Harðarson, Government Debt Management, at +354 569 9630.

    The MIL Network

  • MIL-OSI: New MLPerf Training v5.0 Benchmark Results Reflect Rapid Growth and Evolution of the Field of AI

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, June 04, 2025 (GLOBE NEWSWIRE) — Today, MLCommons® announced new results for the MLPerf® Training v5.0 benchmark suite, highlighting the rapid growth and evolution of the field of AI. This round of benchmark results includes a record number of total submissions, as well as increased submissions for most benchmarks in the suite compared to the v4.1 benchmark.

    MLPerf Training v5.0 introduces new Llama 3.1 405B benchmark

    The MLPerf Training benchmark suite comprises full system tests that stress models, software, and hardware for a range of machine learning (ML) applications. The open-source and peer-reviewed benchmark suite provides a level playing field for competition that drives innovation, performance, and energy efficiency for the entire industry.

    Version 5.0 introduces a new large language model pretraining benchmark based on the Llama 3.1 405B generative AI system, which is the largest model to be introduced in the training benchmark suite. It replaces the gpt3-based benchmark included in previous versions of the MLPerf Training benchmark suite. An MLPerf Training task force selected the new benchmark because it is a competitive model representative of the current state-of-the-art LLMs, including recent algorithmic updates and training on more tokens. More information on the new benchmark can be found here. Despite just being introduced, the Llama 3.1 405B benchmark is already receiving more submissions than the gpt3-based predecessor saw in previous rounds – demonstrating the popularity and importance of large-scale training.

    Rapid performance improvements for key training scenarios

    The MLPerf Training working group regularly adds emerging training workloads to the benchmark suite to ensure that it reflects industry trends. The Training 5.0 benchmark results show notable performance improvements for newer benchmarks, indicating that the industry is prioritizing emerging training workloads over older ones. The Stable Diffusion benchmark saw a 2.28x speed increase for 8-processor systems compared to the 4.1 version six months ago, and the Llama 2.0 70B LoRA benchmark increased its speed 2.10x versus version 4.1; both outpacing historical expectations for computing performance improvements over time as per Moore’s Law. Older benchmarks in the suite saw more modest performance improvements.

    On multi-node, 64-processor systems, the RetinaNet benchmark saw a 1.43x speedup compared to the prior v3.1 benchmark round (the most recent to include comparable scale systems), while the Stable Diffusion benchmark had a dramatic 3.68x increase.

    “This is the sign of a robust technology innovation cycle and co-design: AI takes advantage of new systems, but the systems are also evolving to support high-priority scenarios,” said Shriya Rishab, MLPerf Training working group co-chair.

    Increasing diversity of processors, increasing scale of systems, broadening ecosystem

    Submissions to MLPerf Training 5.0 utilized 12 unique processors, all in the available (production) category. Five of the processors have become publicly available since the last version of the benchmark suite.

    • AMD Instinct MI300X 192GB HBM3
    • AMD Instinct MI325X 256GB HBM3e
    • NVIDIA Blackwell GPU (GB200)
    • NVIDIA Blackwell GPU (B200-SXM-180GB)
    • TPU-trillium

    Submissions also included three new processor families:

    • 5th Generation AMD Epyc Processor (“Turin”)
    • Intel Xeon 6 Processor (“Granite Rapids”)
    • Neoverse V2 as part of NVIDIA GB200

    In addition, the number of multi-node systems submitted increased more than 1.8x when compared to version 4.1.

    “The picture is clear: AI workloads are scaling up, systems are scaling up to run them, and hardware innovation continues to boost performance for key scenarios,” said Hiwot Kassa, MLPerf Training working group co-chair. “In-house large scale systems were built by few companies, but the increased proliferation – and competition – in AI-optimized systems is enabling the broader community to scale up their own infrastructure. Most notably, we see an increasing cadre of cloud service providers offering access to large-scale systems, democratizing access to training large models.

    “The industry is not standing still, and neither can we. MLCommons is committed to continuing to evolve our benchmark suite so that we can capture and report on the innovation that is happening in the field of AI.”

    Record industry participation

    The MLPerf Training v5.0 round includes 201 performance results from 20 submitting organizations: AMD, ASUSTeK, Cisco Systems Inc., CoreWeave, Dell Technologies, GigaComputing, Google Cloud, Hewlett Packard Enterprise, IBM, Krai, Lambda, Lenovo, MangoBoost, Nebius, NVIDIA, Oracle, Quanta Cloud Technology, SCITIX, Supermicro, and TinyCorp.

    “We would especially like to welcome first-time MLPerf Training submitters AMD, IBM, MangoBoost, Nebius, and SCITIX,” said David Kanter, Head of MLPerf at MLCommons. ”I would also like to highlight Lenovo’s first set of power benchmark submissions in this round – energy efficiency in AI training systems is an increasingly critical issue in need of accurate measurement.”

    MLPerf Training v5.0 set a new high-water mark for the >200 submissions. The vast majority of the individual benchmark tests that carried over from the previous round saw an increase in submissions.

    Robust participation by a broad set of industry stakeholders strengthens the AI/ML ecosystem as a whole and helps to ensure that the benchmark is serving the community’s needs. We invite submitters and other stakeholders to join the MLPerf Training working group and help us continue to evolve the benchmark.

    View the results

    To view the full results for MLPerf Training v5.0 and find additional information about the benchmarks, please visit the Training benchmark page.

    About ML Commons

    MLCommons is the world’s leader in AI benchmarking. An open engineering consortium supported by over 125 members and affiliates, MLCommons has a proven record of bringing together academia, industry, and civil society to measure and improve AI. The foundation for MLCommons began with the MLPerf benchmarks in 2018, which rapidly scaled as a set of industry metrics to measure machine learning performance and promote transparency of machine learning techniques. Since then, MLCommons has continued using collective engineering to build the benchmarks and metrics required for better AI – ultimately helping to evaluate and improve AI technologies’ accuracy, safety, speed, and efficiency.

    For additional information on MLCommons and details on becoming a member, please visit MLCommons.org or email participation@mlcommons.org.

    Press Inquiries: contact press@mlcommons.org

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/25f6643c-9978-4344-8c45-75336a9497dd

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7781c2e5-02ce-4b69-b92b-c12c7e3a48fd

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  • MIL-OSI: Altius Inspiro Names Mr. Ryo Ohashi as New President and CEO to Drive Digital Transformation

    Source: GlobeNewswire (MIL-OSI)

    MANILA, Philippines, June 04, 2025 (GLOBE NEWSWIRE) — Altius Inspiro, Inc. (Inspiro), a leader in digital customer experience (CX) and business process outsourcing (BPO), proudly announces Mr. Ryo Ohashi as its new President and Chief Executive Officer, signaling a bold step toward a future defined by digital transformation.

    Driving Altius Inspiro’s Future Vision

    With over 20 years of global leadership experience in industries spanning cybersecurity, ICT, electronics, and human resource management, Mr. Ohashi steps into his new role with a clear, future-focused vision for Altius Inspiro. His track record of steering cross-cultural teams and adapting to dynamic market challenges equips him to guide the company toward its next phase of innovation and operational excellence.

    A Digital-First BPO Vision

    “My vision is to transform Altius Inspiro into a fully digital BPO company where innovation seamlessly blends with strategic portfolio management,” stated Mr. Ohashi. “With our unique strengths and passionate team, this transformation is not only possible—it’s inevitable.”

    This ambitious roadmap centers on repositioning Altius Inspiro as a global digital CX and BPO leader. Mr. Ohashi emphasizes leveraging the company’s core strengths, including two decades of operational excellence and enduring relationships with long-standing marquee clients, to cement the company’s leadership in the digital-first BPO space.

    Commitment to Innovation and Growth

    Under Mr. Ohashi’s leadership, Altius Inspiro will focus on three core pillars to achieve its digital transformation goals:

    1. Relentless InnovationThe company aims to set new industry benchmarks by continually evolving its professional services to meet the demands of a fast-changing digital landscape.
    2. Global ScalabilityThe company will scale its global footprint to reach new markets and ensure its services remain accessible to enterprises worldwide.
    3. Balanced Portfolio Development

    The company is committed to building and maintaining a diversified client portfolio, ensuring long-term resilience and sustainable growth for its partners, employees, and stakeholders.

    “Backed by our solid Transformation and Operations teams, Altius nspiro is perfectly positioned to lead the charge in shaping the next generation of BPO services,” said Mr. Ohashi.

    A Trusted Global Partner

    What sets Altius Inspiro apart is a unique combination of expertise and a deeply rooted sense of community. “Our people are the heart of this organization, and our shared sense of camaraderie empowers us to deliver exceptional results for our partners. This is what makes Altius Inspiro not just a service provider but a trusted global partner,” added Mr. Ohashi.

    Charting the Path Forward

    Under Mr. Ohashi’s forward-looking leadership, Altius Inspiro is equipped to redefine the BPO industry with a digital-first approach that blends technological innovation, operational excellence, and human expertise. This new chapter promises transformational growth and lasting success for clients and employees alike.

    About Altius Inspiro, Inc. 

    Altius Inspiro is a global leader in digital customer experience management and business process outsourcing, serving Fortune 1000 companies across diverse industries. With a reputation for operational excellence and digital innovation, the company delivers next-generation CX solutions powered by strategy, advanced analytics, and technology. Altius Inspiro is a subsidiary of Altius Link, Inc., supported by shareholders KDDI Corporation and Mitsui & Co., Ltd.

    For more information, visit www.inspiro.com.

    Contact:

    Raymond Boholano
    Vice President, Marketing and Corporate Communications
    raymond.boholano@inspiro.com

    The MIL Network

  • MIL-OSI: Bitget Wallet Integrates Solana Pay to Enable Instant Crypto Payments

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, June 04, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, has integrated Solana Pay, enabling users globally to make instant, low-fee crypto payments. The move expands Bitget Wallet’s real-world utility and supports its goal of making crypto seamless and accessible for everyday use.

    With this integration, Bitget Wallet users can scan Solana Pay QR codes to complete transactions using stablecoins like USDC and other Solana tokens. The feature supports both in-store and online payments, with upcoming compatibility for national QR code systems in regions such as Southeast Asia and Latin America. Transactions are settled directly from the user’s wallet, fee-efficiently and without intermediaries. This is part of Bitget Wallet’s growing PayFi suite, which aims to make crypto practical for commerce.

    “Our mission is to make crypto useful in everyday life — not just to hold or trade, but also to spend,” said Alvin Kan, COO of Bitget Wallet. “By integrating Solana Pay, we give users a fast and affordable way to use crypto globally. Combined with features for trading, staking, and DApp exploration, Bitget Wallet is becoming a true all-in-one platform for Solana and beyond.” The wallet supports 130+ blockchains, offers swaps across hundreds of DEXs, and connects users to thousands of Web3 apps in a secure, self-custodial environment.

    Solana Pay is an open-source payments framework built on Solana that enables decentralized, instant, and low-cost payments. The integration was made possible through collaboration with Venta, a Solana-powered payments provider offering scalable infrastructure for real-world blockchain payments. Venta connects wallets, merchants, and ecosystems to accelerate crypto adoption. “People everywhere deserve modern payments that don’t drain their pockets. Helping Bitget Wallet integrate Solana Pay for their millions of users shows that open, composable rails are the answer, letting any wallet, merchant, or developer tap into instant, low-cost transactions with just one integration. Together, Venta and Bitget Wallet are making that a reality,” said K, Co-Founder & CEO of Venta.

    Bitget Wallet offers a full Solana feature set across Trade, Earn, Pay, and Discover. Users can access Solana-native limit order trading through integration with Jupiter DEX, perform cross-chain swaps, and stake SOL via the wallet’s Earn suite. The wallet also supports reclaiming idle SOL through Solana account rent refunds, provides built-in MEV protection, and enables gas fee coverage using GetGas with Solana Paymaster support. Additionally, users can explore a wide array of Solana-based DApps directly within the app. These capabilities reflect Bitget Wallet’s broader commitment to making onchain finance more accessible, efficient, and secure for users engaging with the Solana network.

    To showcase the integration, Bitget Wallet will join the Solana Summit 2025 as a major partner. Taking place from June 5 to 7 in Da Nang, Vietnam, the summit will gather nearly 2,000 developers, founders, and ecosystem leaders. Bitget Wallet will host a branded booth with free coffee, exclusive merchandise, and live demos. The team will also lead a developer workshop and join a panel discussion, highlighting the wallet’s growing role in real-world crypto adoption. An evening side event will also offer a more informal setting for connecting with builders and partners.

    Find out more on Bitget Wallet’s official channels.

    About Bitget Wallet
    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets.

    For more information, visit: XTelegramInstagramYouTubeLinkedInTikTokDiscordFacebook
    For media inquiries, contact media.web3@bitget.com

    About Venta
    Venta is a Solana-powered payments provider revolutionizing the payment landscape with scalable solutions, empowering merchants, consumers, and tech teams alike with an express lane to distribution and innovation. For more information, please visit https://www.venta.xyz/

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ecaf0437-beae-428f-bd47-f006f696735a

    The MIL Network

  • MIL-OSI: IKB Collective Launches exPricer, a Dynamic Pricing Tool for Digital Art Creators

    Source: GlobeNewswire (MIL-OSI)

    Nice, France, June 04, 2025 (GLOBE NEWSWIRE) — The International Klein Blue (IKB) Collective, a global network of techno-artists federated by a community token on the Solana blockchain, today announced the launch of exPricer — an open-source pricing engine designed to transform how digital artworks are valued and sold.

    The IKB Collective introduces exPricer — an open-source pricing system redefining digital art value through scarcity and choice.

    exPricer is a dynamic pricing algorithm and checkout system that enables digital artists to control the scarcity of their works through the pricing choices of their patrons. Buyers are offered the option to pay more for greater exclusivity; in response, fewer (or no more) additional editions are ever to be released. The system includes a pricing API for developers, as well as a ready-made Stripe-powered checkout interface that can be used by artists looking to sell their work online.

    Key Features of exPricer

    • Dynamic Pricing Algorithm – Enables variable pricing based on exclusivity, allowing collectors to pay more for fewer, or even unique, copies of a limited edition.
    • Open-Source & Developer Friendly – Includes an open API for integration with other platforms or marketplaces.
    • Stripe-Powered Checkout Interface – Comes with a ready-to-use web checkout system tailored for the payment of digital media.
    • Support for Multiple Digital File Types – Best suited for images, audio, ZIP files, and other downloadable assets.
    • Using Scarcity to Better Support Artists – Aligns pricing with artistic intent of exclusivity, enabling new economic models in digital art.

    The development of exPricer draws conceptual inspiration from avant-garde movements that have historically challenged traditional notions of ownership and value in art. The system reflects the IKB Collective’s ongoing interest in exploring how scarcity, perception, and pricing can be used as creative tools in the digital realm.

    exPricer is our way of continuing Yves Klein’s inquiry into how art is valued — not by material or medium, but by perception, context, and choice,” said a member of the IKB collective. “It’s pricing as performance.

    Though the exPricer checkout interface prices art works in dollars, to ensure immediate applicability and easy-of-use for less tech-savvy artists, the collective is committed to the continued development of the IKB token, the collective’s blockchain-based token. Originally conceived as a decentralized reference to the iconic ultramarine pigment International Klein Blue, the token functions both as a community anchor and governance mechanism, allowing for experiments at the intersection of art and technology.

    The IKB Collective invites digital creators and developers to explore and build upon exPricer through its open-source repository.

    Explore the project on GitHub: https://github.com/ikb-token/exPricer
    Website: https://ikb-token.co

    An example of a ready-to-use checkout page for selling digital art works generated by exPricer

    About IKB token community

    A Solana blockchain community meme token based on the original meme, International Klein Blue, created more than 60 years ago. The decentralized organization was started by an international collective of like-minded techno-artists, brought together by admiration of the deep blue color of International Klein Blue as well as the thought-provoking questions asked by the french artist Yves Klein related to the valuation of modern art, in particular artistic works that are conceptual and immaterial.

    Press inquiries

    IKB token community
    https://ikb-token.co
    IKB token team
    pr@ikb-token.co

    The MIL Network

  • MIL-OSI: EB5 Capital Investor Obtains First Permanent Green Card Approval in 1401 Penn (JF20) Project

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON, June 04, 2025 (GLOBE NEWSWIRE) — EB5 Capital is pleased to announce the first I-829 petition approval for an investor in its 1401 Penn (JF20) project. The United States Citizenship and Immigration Services (USCIS) issues approval of the removal of conditions of residency for EB-5 investors who have completed their conditional residency period and have demonstrated that their investment has resulted in the creation of at least ten full-time jobs. I-829 approvals permit EB-5 investors to be lawful permanent residents of the United States. The approved petition was filed in April 2021 and was pending for approximately 50 months.

    “Receiving an I-829 approval represents a significant achievement in the EB-5 journey,” said Natalia Pronina, Vice President of Investor Relations at EB5 Capital. “We are pleased with this first approval notice and look forward to more investors getting approved.”

    Completed in July 2020, JF20 is a mixed-use development featuring a seven-story, 167-unit apartment community and over 20,000 square feet of ground-floor retail in Washington, D.C.’s historic Capitol Hill neighborhood. On the ground floor of the property is The Roost, a 12,500 square foot food hall operated by Neighborhood Restaurant Group featuring 12 individual food and beverage concepts. The dynamic food hall has received critical acclaim and is a premier destination on Capitol Hill.

    To date, EB5 Capital has raised investor funds across over 45 EB-5 projects throughout the United States. JF20 is EB5 Capital’s 21st project which has reached the permanent green card stage for investors going through the EB-5 immigration process. Now that the first petition has been approved, additional I-829 petition adjudications for this project are expected in the coming months.

    About EB5 Capital

    EB5 Capital provides qualified foreign investors with opportunities to invest in job-creating commercial real estate projects under the United States Immigrant Investor Program (EB-5 Visa Program). Headquartered in Washington, D.C., EB5 Capital’s distinguished track record and leadership in the industry has attracted investors from over 75 countries. As one of the oldest and most active Regional Center operators in the country, the firm has raised over $1.4 billion of foreign capital across approximately 45 EB-5 projects. 100% of our investors’ funds are protected by the Federal Deposit Insurance Corporation (FDIC) insurance prior to their deployment into our projects. Please visit www.eb5capital.com for more information.  

    Contact:
    Katherine Willis
    Director, Marketing & Communications
    media@eb5capital.com

    The MIL Network

  • MIL-OSI: Deep MM CEO Nathaniel Powell to Present at Fixed Income Leaders Summit

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) — Deep MM, an AI-powered credit trading solution providing the most accurate U.S. pricing to the private credit market, has announced that its CEO and Founder Nathaniel Powell will be speaking on a panel about leveraging AI, ML and LLM technologies at Fixed Income Leaders Summit (FILS). The presentation – Spotlight on AI: How can you leverage AI, ML and LLM to distill complex datasets and empower trading and investment teams with unique actionable insights? – will be held on June 9 at 1 p.m. ET in Washington D.C. at the Omni Shoreham Hotel.  

    During the presentation Nathaniel will explore both the current and potential applications of AI and machine learning while highlighting how companies in the fixed income space can start deploying them. Attendees can expect to gain valuable insights into how LLM models can improve decision making and how to address the challenges that come with adopting this technology.  

    “AI, machine learning, and deep learning are making advances every day in the world’s economies, which is why there is no good reason for fixed income professionals to be left behind by them, as AI will have an outsized impact in capital markets,” said Nathaniel Powell, CEO and Founder of Deep MM.  “It is an honor that Deep MM was chosen to represent AI at FILS and I am excited to discuss the huge ROI potential for AI technology in fixed income trading.”

    Nathaniel and the Deep MM team will be available to meet at the company’s booth (Booth #50) for the duration of the conference – June 9-11.

    About Deep MM:

    Deep MM is an AI-powered credit trading solution that leverages advanced deep learning, trade secrets, and data analytics to enhance market performance and transparency. The company is pioneering large event models (LEMs), a new and important AI modality for financial and healthcare logistic scenarios. Currently its LEMs provide the most accurate U.S. corporate bond pricing and actionable insights for traders, sell-side dealers, and portfolio managers.

    Based in New York, the company features a team of seasoned experts from the world’s leading banks and tech firms, such as Goldman Sachs, Barclays, and Microsoft. For more information, please visit https://deepmarketmaking.com/.

    About Fixed Income Leaders Summit:

    Fixed Income Leaders Summit will bring together America’s leading buy side heads of fixed income trading and investment, with over 1000 attendees expected from across the full fixed income ecosystem, including representation from all the leading North American buy side firms For more information about the conference, please visit https://fixedincomeus.wbresearch.com/.

    Contact:
    Scott Rosenblum
    For Deep MM
    LEVEL PR
    scott@levelpr.co
    646-776-1222

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/11487d87-1e63-4fd8-bbae-f35fd2b6a9ae.

    The MIL Network

  • MIL-OSI: Nasdaq Launches Exclusive Access to Nasdaq Private Market’s Tape D® API to Deliver Advanced Visibility into Private Markets

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) — Nasdaq® (Nasdaq: NDAQ) announced today that the company has partnered with Nasdaq Private Market (NPM), a leading provider of secondary liquidity solutions to private companies, employees, and investors, to provide greater price transparency and valuation visibility into private, pre-IPO companies, including unicorns and other startups through NPM’s Tape D® private company dataset.

    As the exclusive distributor of the Tape D API, Nasdaq is enhancing essential transparency and access to an increasingly complex private company landscape. Now available to Nasdaq clients through API integration via Nasdaq Data Link, Tape D addresses critical transparency challenges by helping investors evaluate private holdings with greater confidence, enabling banks to structure private transactions more effectively, supporting wealth advisors and shareholders in managing liquidity needs, and equipping private companies with valuable insights for capital raises and tender offers. This comprehensive data product delivers real-time private market pricing by seamlessly integrating primary round data, secondary market transactions, and accounting data including mutual fund marks and 409A valuations.

    “Nasdaq was founded on the principle of leveraging technology to make markets more efficient, and we are committed to driving the same transformation in private markets that we’ve achieved in public markets,” said Oliver Albers, Executive Vice President, Chief Product Officer, Capital Access Platforms at Nasdaq. “The collaboration with Nasdaq Private Market builds upon this foundation, reflecting Nasdaq’s continued commitment to creating an ecosystem where transparency, accessibility, and improved outcomes naturally extend across the entire investment lifecycle,” noted Albers.

    “The private market is now a critical arena for valuation, investment, and planning, and requires accurate, real-time data. With over 1,200 unicorns and billions in equity held by private shareholders, the need for a reliable valuation benchmark is greater than ever. Tape D brings essential clarity to private markets, and we are excited to partner with Nasdaq to broaden access to market participants,” said Marc Perkins, CFA, Senior Vice President of Product at Nasdaq Private Market. In addition to the Tape D API from Nasdaq, NPM offers individual subscriptions directly via NPM’s website.

    The launch of this data partnership with Nasdaq Private Market marks the latest step in Nasdaq’s commitment to enhancing transparency, access, and portfolio management capabilities across the public-to-private investment spectrum. This includes offerings such as Nasdaq Fund Secondaries, which bring greater efficiency, transparency, and scalability to secondary transactions. Nasdaq also delivers solutions designed to equip asset owners and asset allocators with essential research and portfolio management tools that span both public and private markets. These enhancements address specific market challenges, helping managers clearly articulate their value propositions to gather assets while giving allocators the visibility they need for confident decision making.

    For more information about accessing the Nasdaq Private Market Tape D Data API, please visit: https://www.nasdaq.com/solutions/data/equities/TAPED

    About Nasdaq
    Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.

    Nasdaq® is a registered trademarks of Nasdaq, Inc. The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither Nasdaq, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies or Nasdaq proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED. © 2025. Nasdaq, Inc. All Rights Reserved.

    About Nasdaq Private Market
    Nasdaq Private Market provides liquidity, wealth and data solutions for private companies, employees, and investors throughout each stage of the pre-IPO lifecycle. Since inception over a decade ago, NPM has executed nearly $60 billion in transactional volume for 200,000+ individual eligible employee shareholders and investors across 775+ company-sponsored liquidity programs. Founded within Nasdaq, Inc. in 2013, today NPM is an independent company with strategic investments from Nasdaq, Allen & Company, Bank of America, BNP Paribas, Citi, DRW Venture Capital, Goldman Sachs, HiJoJo Partners, Morgan Stanley, UBS, and Wells Fargo.

    Learn more at www.nasdaqprivatemarket.com. Visit LinkedIn and X for the latest company news.

    Disclosures and Disclaimers

    NPM is not: (a) a registered exchange under the Securities Exchange Act of 1934; (b) a registered investment adviser under the Investment Advisers Act of 1940; or (c) a financial or tax planner and does not offer legal or financial advice to any user of the NPM website or its services. Securities-related services are offered through NPM Securities, LLC, a registered broker-dealer and alternative trading system, and member FINRA/SIPC. Transactions in securities conducted through NPM Securities, LLC are not listed or traded on The Nasdaq Stock Market LLC, nor are the securities subject to the same listing or qualification standards applicable to securities listed or traded on The Nasdaq Stock Market LLC. Please read these other important disclosures and disclaimers about NPM found here: https://www.nasdaqprivatemarket.com/disclosures-disclaimer/

    Contact:

    Max Leitenberger
    Corporate Communications, Nasdaq
    Maximilian.leitenberger@nasdaq.com

    Amanda Gold
    Chief of Staff and Chief People Officer, Nasdaq Private Market
    Amanda.Gold@npm.com

    The MIL Network

  • MIL-OSI: SECU Awards Summer Camp Scholarships to 457 Youth Members Statewide

    Source: GlobeNewswire (MIL-OSI)

    RALEIGH, N.C., June 04, 2025 (GLOBE NEWSWIRE) — State Employees’ Credit Union (SECU) has concluded its fourth annual Summer Camp Awards campaign, granting $500 scholarships to 457 young members throughout North Carolina. Recipients were selected through random drawings, with one FAT CAT® and one Zard® winner per branch from all eligible entries. The scholarships will be used for the registration costs and associated fees at the summer camp chosen by each youth winner. Applicants submitted an illustration or essay about their dream camp experience to be entered into the contest.

    Since its launch in 2022 the program has provided scholarships totaling $508,000 to 1,016 FAT CAT and Zard members. Summer Camp Awards were established to encourage young members to expand their knowledge through fun and engaging summer camps and provide financial support to help youth families pursue these impactful opportunities.

    “Parks was very excited when he found out he was a Summer Camp Award winner,” said Michael Hamilton, father of Raleigh-Wakefield Branch winner Parks Hamilton. “For his entry, he drew a picture of pandas, bamboo, flowers, a hummingbird, a seagull, and volcanos – things he’s seen in Kung Fu Panda. He will be attending a Tae Kwon Do camp this summer and is really looking forward to it.”

    “We are so pleased to contribute to our young members’ summer camp experiences and continue our support for SECU families across the state through this beneficial program for a fourth consecutive year,” said SECU President and CEO Leigh Brady. “The educational opportunities afforded to youth through summer camps are so incredibly valuable, and I want to offer our sincere congratulations to this year’s winners!”

    About SECU

    A not-for-profit financial cooperative owned by its members, and federally insured by the National Credit Union Administration (NCUA), SECU has been providing employees of the state of North Carolina and their families with consumer financial services for 88 years. SECU is the second largest credit union in the United States with $55 billion in assets. It serves more than 2.8 million members through 275 branch offices, 1,100 ATMs, Member Services Support via phone, www.ncsecu.org, and the SECU Mobile App.

    Contact: Sandra Jones, Communications, sandra.jones@ncsecu.org

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/abc1b4f2-5bc3-43ff-a529-6a9cc87f6b17

    The MIL Network

  • MIL-OSI: Old National Again Named Among the 50 Most Community-Minded U.S. Companies by Points of Light

    Source: GlobeNewswire (MIL-OSI)

    EVANSVILLE, Ind., June 04, 2025 (GLOBE NEWSWIRE) — (NASDAQ: ONB) For the second consecutive year, Old National Bancorp (“Old National”) has been named by Points of Light as one of “The Civic 50” honorees for 2025. This annual designation is reserved for the 50 most community-minded companies in the nation.

    A global nonprofit that inspires, equips and mobilizes people to take action that changes the world, Points of Light has recognized the 50 most community-minded companies in the nation every year since 2012. The Civic 50 award is based on employee volunteering, community investment, corporate citizenship and social impact programs.

    “Our team members love rolling up their sleeves and making a difference in their communities, as evidenced by the more than 67,000 collective volunteer hours they logged in 2024,” said Jim Ryan, Old National Chairman and CEO. “Old National is honored to again be recognized by Points of Light as an organization that truly puts our values into action.”

    Combined, The Civic 50 companies for 2025 have engaged more than 460,000 employees to volunteer more than 6.5 million hours in their communities. That’s double the average for U.S. companies not in The Civic 50.

    “In an ever-evolving landscape, companies are looking to ensure that they can meet the needs of their communities, customers, and stakeholders,” said Jennifer Sirangelo, President and CEO, Points of Light. “Companies like Old National are leading the way in showing how social impact benefits their employee’s well-being, strengthens the communities where they do business, and brings value and meaning to their work. Their efforts provide a model for others looking to bring the benefits of volunteering and social impact to their workforce, and they’re extremely deserving of this recognition.”

    The Civic 50 honorees are companies with annual U.S. revenues of at least $1 billion. They are selected based on four dimensions of their corporate citizenship and social impact programs:

    • Investment of resources and volunteerism
    • Integration across business functions
    • Institutionalization through policies and systems
    • Impact measurement

    You can click here for the full list of The Civic 50 honorees. Additionally, for more information and to view Old National’s latest Community Action Report, click here.

    ABOUT OLD NATIONAL
    Old National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank. As the fifth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $70 billion of assets and $37 billion of assets under management (including Bremer Financial Corporation on a pro forma basis as of March 31, 2025), Old National ranks among the top 25 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at oldnational.com. In 2025, Points of Light again named Old National as one of “The Civic 50” — an honor reserved for the 50 most community-minded companies in the United States.

    ABOUT POINTS OF LIGHT
    Points of Light is a nonpartisan, global nonprofit organization that inspires, equips, and mobilizes millions of people to create positive change through volunteering and civic engagement. Through work with nonprofits, companies and social impact leaders, the organization galvanizes volunteers to meet critical needs in communities. As the world’s largest organization dedicated to increasing volunteer service, Points of Light engages more than 3.8 million volunteers across 32 countries. For more information, visit pointsoflight.org.

    Investor Relations:
    Lynell Durchholz
    (812) 464-1366
    lynell.durchholz@oldnational.com

    Media Relations:
    Rick Vach
    (904) 535-9489
    rick.vach@oldnational.com

    An image accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8ef16551-151e-4885-a99d-ec031f84e1fe

    The MIL Network

  • MIL-OSI: DIMO Partners with Grupo Kaufmann to Power the Future of Connected Cars in Latin America

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK and SANTIAGO, Chile, June 04, 2025 (GLOBE NEWSWIRE) — DIMO, a leading connected vehicle platform, today announced a first-of-its-kind strategic partnership with Grupo Kaufmann, one of Latin America’s largest automotive dealership networks. With headquarters in Chile and operations spanning six countries, the company is renowned for its commitment to innovation in the automotive industry. Through this partnership, DIMO and Kaufmann are working to redefine the connected car experience for auto dealerships throughout Latin America.

    In 2024, an estimated 1.7 million connected cars were projected to be sold across Latin America—a relatively small share of the region’s total annual vehicle sales. This gap reflects limited connectivity adoption, driven by the historically high cost of building top-down infrastructure, which has caused many automakers to deprioritize the region. Kaufmann aims to close this gap by leveraging DIMO’s standardized connectivity infrastructure to develop interoperable apps and services across automakers. This will bring scalable, affordable innovation to the Latin American market.

    Initially, Kaufmann will deploy DIMO LTE devices for data collection and product development. After integration, it will offer customers a unique set of connected services, such as real-time diagnostics, customized maintenance alerts and rewards-based loyalty programs, further raising the standard of expertise and service excellence.

    At the core of this partnership is DIMO’s transformative data model. Built with a privacy-first approach, the DIMO protocol streamlines vehicle data connectivity with user consent, enabling Kaufmann to deliver data-driven services far more cost-effectively than developing these systems in-house. With the driver’s consent, Kaufmann will gain access to real-time vehicle data. This data unlocks performance insights, personalized service recommendations, and timely outreach – laying the foundation for a proactive customer-first dealership experience. The DIMO protocol ensures drivers maintain full control over their data – fostering trust while delivering mutual value to both consumers and dealerships.

    “Grupo Kaufmann recognizes that the future of connected vehicle services will be shaped by a new generation of apps and services designed for a digitally native audience,” said Alex Rawitz, Co-founder of DIMO. “The world’s new car owners want more than utilities — they want games, social experiences, rewards, and more we’ve yet to imagine. With DIMO’s infrastructure, Kaufmann can serve as the conduit for this creative energy, delivering next-generation experiences to drivers across Latin America.”

    As the global automotive industry accelerates toward connected, digital-first experiences, Kaufmann is taking the lead in Latin America. Its partnership with DIMO reflects a long-term strategy to lead through innovation and sustainability, while transforming the dealership into a hub for lifelong mobility services.

    “At Grupo Kaufmann, we believe the future of the automotive industry in Latin America will be defined by the ability to turn data into meaningful experiences for our customers. Our partnership with DIMO accelerates this vision by enabling efficient, secure, and scalable vehicle connectivity. It’s a key step in our digitalization strategy to position Kaufmann as a regional leader in smart mobility solutions,” said Carlos De Martini, Corporate Digital Business Manager, Grupo Kaufmann.

    About DIMO

    DIMO is the next-generation connected vehicle platform. Its privacy-first and AI integrated infrastructure connects drivers, automakers and developers to expedite connected vehicle application development while retaining full data ownership by drivers. Through the DIMO Mobile app, drivers gain real-time insights to improve vehicle performance, maximize savings on maintenance, and access a growing suite of marketplace applications while earning rewards in DIMO tokens. It was founded in 2021 by a team with decades of experience across automotive and fintech— including roles at ConsenSys, Vroom, GM, Volkswagen, and Chainalysis.

    About Kaufmann

    With more than 70 years of history, Kaufmann has established itself as one of the most influential companies in the automotive sector in Latin America. Present in Chile, Peru, Colombia, Costa Rica, Panama and Nicaragua, it represents leading brands such as Mercedes-Benz, FUSO and Freightliner, and from 2025, it will promote electromobility with the arrival of smart and its 100% electric vehicles. Its commercial network, which in Chile spans from Arica to Punta Arenas, combines a comprehensive offer of cars, buses, trucks and vans with a robust ecosystem of after-sales services, advanced technology and personalized attention.

    Kaufmann’s vision is focused on leading sustainable mobility in the region, maintaining a firm commitment to innovation, operational excellence and customer experience. Its team of more than 2,500 professionals drives a culture focused on the responsible transformation of transportation.

    The MIL Network

  • MIL-OSI: Caro Holdings Launches AI Agent Suite to Automate Investor Relations and Financial Operations

    Source: GlobeNewswire (MIL-OSI)

    SHEFFIELD, United Kingdom, June 04, 2025 (GLOBE NEWSWIRE) — Caro Holdings Inc. (OTC: CAHO), through its subsidiary, has launched an integrated suite of AI agents designed to automate manual processes across investor relations, financial reporting, compliance, and stakeholder communications. The flagship investor chatbot marks the first deployment in a platform built to streamline how public companies manage information flow and engage stakeholders.

    Caro’s AI ecosystem includes specialised agents that work independently and collaboratively to automate critical business functions:

    Investor Relations Agent

    • Provides instant, source-verified responses to investor, analyst, and media inquiries
    • Processes complex multi-document queries across filings, earnings releases, presentations, and regulatory submissions
    • Delivers personalized responses based on user type (institutional investor, retail shareholder, analyst, journalist)
    • Maintains conversation context for follow-up questions and detailed financial analysis

    Caro is also developing additional agents that support public companies in finance, compliance, and communications, including:

    • Financial Reporting Automation Agent – Generates investor-ready summaries, comparative reports, and stakeholder-specific fact sheets
    • Regulatory Compliance Monitor – Tracks disclosure requirements, flags potential issues, and maintains audit trails
    • Market Intelligence Agent – Monitors competitor activity, analyst sentiment, and market signals
    • Stakeholder Communication Agent – Automates personalised outreach, follow-ups, and multi-channel messaging after earnings calls or key events

    The platform leverages agentic AI to perform complex reasoning and decision-making previously requiring human expertise.

    Early adopters report significant impact:

    • 90% reduction in time spent on routine investor queries
    • 75% decrease in manual report prep for meetings
    • 24/7 availability, eliminating business-hour limitations

    The global AI chatbot market is projected to reach $31.11 billion by 2029, with financial services AI agents alone expected to grow to $4.5 billion by 2030 at a 45.4% CAGR. This reflects strong demand for automation tools that cut costs while improving the speed and quality of stakeholder interactions.

    Traditional IR teams still spend up to 80% of their time on repeatable tasks – from handling standard questions to generating boilerplate reports. Caro’s AI suite removes that burden, allowing professionals to focus on strategy and relationship-building.

    Companies interested in eliminating manual investor relations processes can request a demonstration and early access at www.caroholdings.com/earlyaccess.

    About Caro Holdings Inc.
    Caro Holdings Inc. is dedicated to accelerating the growth of brands through digital innovation and AI-powered solutions. Its services include e-commerce strategy, digital marketing, AI voice technology, and growth capital. Learn more at www.caroholdings.com.

    Caro Holdings Inc.
    +1 786-755-3210
    ir@caroholdings.com

    The MIL Network

  • MIL-OSI: Anitian Launches AI-Powered SSP Automation to Accelerate FedRAMP Compliance for SaaS Companies

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., June 04, 2025 (GLOBE NEWSWIRE) — Anitian, a leader in compliance automation solutions, today announced the first production deployment of its AI-powered SSP (System Security Plan) automation tool — a breakthrough that significantly enhances the speed and efficiency of achieving FedRAMP compliance for SaaS companies.

    This new AI capability acts as a copilot for Anitian’s expert compliance advisors, automating time-consuming documentation and review processes while maintaining the highest standards of accuracy and quality. The result: SaaS companies can now achieve FedRAMP audit readiness even faster and more cost-effectively — accelerating their entry into the lucrative federal market.

    “With our AI-powered SSP automation, we’re embedding intelligence into the compliance process without sacrificing rigor or accuracy,” said Alex Degitz, Director of Product at Anitian. “Our goal is to remove the traditional trade-off between speed and quality. These enhancements empower our customers to achieve a FedRAMP ATO faster, more cost-effectively, and with greater confidence.”

    The deployment of Anitian’s AI SSP automation enhances the company’s four core value pillars:

    • Speed to Compliance — Accelerates audit readiness even further, shortening time-to-market for federal opportunities.
    • Cost Efficiency — Unlocks operational efficiencies that reduce audit preparation costs.
    • Stronger Competitive Positioning — Equips customers to enter and win in the federal market faster and with a differentiated edge.
    • Visibility & Validation — Maintains expert oversight and technical control while minimizing vulnerabilities through automated, continuous monitoring.

    Anitian’s Continuous Compliance Automation (CCA) solution already enables SaaS companies to achieve FedRAMP audit readiness in as few as 4 months — up to 4x faster than traditional methods — while reducing costs by over 50%. The addition of AI-powered automation further amplifies these advantages, providing customers with an unparalleled pathway to compliance and growth.

    For SaaS providers looking to re-engage with the federal market or re-evaluate their compliance strategy in today’s budget-conscious environment, Anitian’s latest innovation offers a timely opportunity to achieve greater value and faster ROI.

    About Anitian
    Anitian’s cloud-native Continuous Compliance Automation platform helps SaaS companies rapidly achieve and maintain FedRAMP compliance standards — enabling faster growth, reduced costs, and minimized risk. Anitian is trusted by leading SaaS providers across industries to deliver speed, security, and market advantage. Learn more at www.anitian.com.

    Press Contact:
    Emily Bertrand
    Emily.Bertrand@anitian.com

    The MIL Network

  • MIL-OSI: GDS to Hold Annual General Meeting on June 26, 2025

    Source: GlobeNewswire (MIL-OSI)

    SHANGHAI, China, June 04, 2025 (GLOBE NEWSWIRE) — GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China, today announced that it will hold its 2025 Annual General Meeting of Shareholders (the “AGM”) at Beijing Meeting Room, F5, Building C, Sunland International, No. 999 Zhouhai Road, Pudong, Shanghai, P.R.C. at 4:00 p.m. (China Standard Time) on June 26, 2025 (which is 4:00 a.m. (Eastern Daylight Time) on June 26, 2025).

    Holders of the Company’s ordinary shares and Series A convertible preferred shares listed in the register of members of the Company at the close of business on June 4, 2025 (China Standard Time) are entitled to receive notice of, and vote at, the AGM or at any adjournment that may take place. Beneficial owners of the Company’s American Depositary Shares (“ADSs”) who wish to exercise their voting rights for the underlying Class A ordinary shares must act through JPMorgan Chase Bank, N.A. (“JPMorgan”), the depositary of the Company’s ADS program. Holders of ADSs at the close of business on June 4, 2025, New York time will be able to instruct JPMorgan as to how to vote the Class A ordinary shares represented by such ADSs.

    Copies of the Notice of the AGM, which sets forth the resolutions to be proposed and for which adoption from shareholders is sought, the Proxy Statement and the Proxy Card are available on the Investor Relations section of the Company’s website at http://investors.gds-services.com, on the SEC’s website at www.sec.gov and HKEX’s website at http://www.hkexnews.hk.

    GDS has filed its annual report on Form 20-F, including its audited financial statements, for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission (“SEC”). The Company’s Form 20-F can be accessed on the Company’s website at investors.gds-services.com, as well as on the SEC’s website at www.sec.gov.

    GDS has also published its annual report for Hong Kong purposes pursuant to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (“HKEX”), which can be accessed on the Company’s website at investors.gds-services.com as well as the HKEX’s website at http://www.hkexnews.hk.

    About GDS Holdings Limited

    GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) is a leading developer and operator of high-performance data centers in China. The Company’s facilities are strategically located in and around primary economic hubs where demand for high-performance data center services is concentrated. The Company’s data centers have large net floor area, high power capacity, density and efficiency, and multiple redundancies across all critical systems. GDS is carrier and cloud-neutral, which enables its customers to access the major telecommunications networks, as well as the largest PRC and global public clouds, which are hosted in many of its facilities. The Company offers co-location and a suite of value-added services, including managed hybrid cloud services through direct private connection to leading public clouds, managed network services, and, where required, the resale of public cloud services. The Company has a 24-year track record of service delivery, successfully fulfilling the requirements of some of the largest and most demanding customers for outsourced data center services in China. The Company’s customer base consists predominantly of hyperscale cloud service providers, large internet companies, financial institutions, telecommunications carriers, IT service providers, and large domestic private sector and multinational corporations. The Company also holds a non-controlling 35.6% equity interest in DayOne Data Centers Limited which develops and operates data centers in International markets.

    For investor and media inquiries, please contact:

    GDS Holdings Limited
    Laura Chen
    Phone: +86 (21) 2029-2203
    Email: ir@gds-services.com

    Piacente Financial Communications
    Ross Warner
    Phone: +86 (10) 6508-0677
    Email: GDS@tpg-ir.com

    Brandi Piacente
    Phone: +1 (212) 481-2050
    Email: GDS@tpg-ir.com

    GDS Holdings Limited

    The MIL Network

  • MIL-OSI: Form 8.3 – Marlowe Plc

    Source: GlobeNewswire (MIL-OSI)

    Downing LLP
    LEI: 213800G3X76VBG9SB504
    04 June 2025
    Form 8.3 re. Marlowe Plc

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: Downing LLP
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a): Client funds managed by Downing LLP
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates: Marlowe Plc
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: n/a
    (e)   Date position held/dealing undertaken: 04 June 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? No

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

    Class of relevant security: Ordinary shares 1p
      Interests Short positions
      Number % Number %
    (1)   Relevant securities owned and/or controlled: 1,491,385 1.90    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 1,491,385 1.90    

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

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

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

    (a)        Purchases and sales

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

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description Nature of dealing Number of reference securities Price per unit
             

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

    (i)        Writing, selling, purchasing or varying

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

    (ii)        Exercise

    Class of relevant security Product description Exercising/ exercised against Number of securities Exercise price per unit
             

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

    Class of relevant security Nature of dealing Details Price per unit (if applicable)
           

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

    None

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

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

    None

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 04 June 2025
    Contact name:  
    Telephone number*: 0207 416 7780

    The MIL Network

  • MIL-OSI: Fortinet Unveils New AI-Powered Workspace Security Suite to Protect the Modern Enterprise

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., June 04, 2025 (GLOBE NEWSWIRE) —

    News Summary

    Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced enhancements to its data and productivity security portfolio, expanding FortiMail with the launch of the FortiMail Workspace Security suite. These new capabilities establish FortiMail as the broadest and most customizable email security platform and extend protection beyond email to include browser and collaboration security. These advancements, combined with new features in FortiDLP, Fortinet’s next-generation data loss prevention (DLP) and insider risk management solution, deliver a unified, AI-powered approach to safeguarding users and sensitive data across today’s dynamic work environments.

    “In today’s evolving threat landscape, securing user productivity and sensitive data requires a unified strategy that considers both outsider threats and insider risks,” said Nirav Shah, Senior Vice President, Products and Solutions at Fortinet. “Cybercriminals are aiming their efforts right at users and increasingly leveraging tools like FraudGPT, BlackmailerV3, and ElevenLabs to automate the creation of malware, deepfake videos, phishing websites, and synthetic voices—making attacks more scalable, convincing, and difficult to detect. With our expanded AI-powered FortiMail Workspace Security suite and FortiDLP solutions, Fortinet empowers organizations to stay ahead of threat actors and insider risks while ensuring users, data, and productivity remain secure.”

    AI-Powered Defense for Communication, Collaboration, and Data Security

    Today’s hybrid workforce relies heavily on SaaS and collaboration tools, increasing both productivity and the attack surface. As users interact with sensitive data across these platforms, organizations must address threats to both users and data in tandem. The 2025 Fortinet Global Threat Landscape Report highlights the rise of AI-enabled cybercrime, with attackers using automation to launch more convincing phishing, impersonation, and account takeover campaigns.

    Fortinet’s enhanced workspace security solutions meet this challenge head-on with AI-powered protection across email, browsers, and collaboration environments, defending against external and internal threats wherever work happens. This spans the full spectrum of user interactions and data movement across the digital workspace:

    Email security, evolved: With the acquisition and integration of Perception Point—recognized as a Visionary in the 2024 Gartner® Magic Quadrant™ for Email Security1—Fortinet has significantly expanded the capabilities of the FortiMail email security platform, establishing it as the industry’s broadest and most customizable solution. FortiMail can address any email security needs, including inbound, outbound (including relays), and internal mail protection, with flexible deployment options across appliances, virtual machines, hosted services, and SaaS. It offers multiple operating modes—gateway, server, ICES, and hybrid—and features both a highly configurable UI and a streamlined SaaS experience.

    Extending security to collaboration tools: The FortiMail Workspace Security suite expands protection beyond email to web browsers and collaboration tools, enabling organizations to stop sophisticated threats across platforms like Microsoft 365 and Teams, Google Workspace, and Slack. It blocks evasive web-based attacks, hidden malware in shared files, and malicious links sent through chat and collaboration apps. The platform also enhances visibility into user activity across cloud environments, helping security teams detect and prevent account takeovers before they escalate. A built-in, 24×7 managed incident response service supports rapid threat analysis and containment to reduce operational load on SOC teams.

    Smarter defense for critical data: FortiDLP strengthens this offering by adding advanced capabilities like secure data flow with data lineage and sequence detection, providing security and insider risk teams with detailed tracking of sensitive data from its source, capturing how that data is used and manipulated by users, and automatically correlating user activities to detect high-risk behavior that warrants further investigation. Whether monitoring for unauthorized sharing of confidential information through cloud drives or preventing the exposure of sensitive data to unsanctioned SaaS and GenAI platforms, FortiDLP delivers the context and control needed to protect sensitive data, including intellectual property.

    Unified Protection for a Hybrid World

    With these latest enhancements, Fortinet redefines the way organizations protect users and data in the modern workspace. By combining the power of AI with integrated email, browser, collaboration, and data security, Fortinet delivers the visibility, control, and response speed security teams need, turning complexity into clarity and threats into just another task handled.

    Additional Resources

    GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved.

    Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

    1Gartner, Magic Quadrant for Email Security Platforms, By Max Taggett, Nikul Patel, Franz Hinner, Deepak Mishra, 16 December 2024

    About Fortinet
    Fortinet (Nasdaq: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere our customers need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet’s solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including Computer Emergency Response Teams (“CERTS”), government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.

    Copyright © 2025 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAIOps, FortiAgent, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiCNP, FortiConnect, FortiController, FortiConverter, FortiCSPM, FortiCWP, FortiDAST, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiDLP, FortiEdge, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFlex FortiFone, FortiGSLB, FortiGuest, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPAM, FortiPenTest, FortiPhish, FortiPoint, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiScanner, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSRA, FortiStack, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM, FortiXDR and Lacework FortiCNAPP. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

    The MIL Network

  • MIL-OSI: Chuck MacAnanny Brings Fast-Growing Business to Rate in Mt. Pleasant, SC

    Source: GlobeNewswire (MIL-OSI)

    MOUNT PLEASANT, S.C., June 04, 2025 (GLOBE NEWSWIRE) — Rate, a leader in fintech mortgage solutions, today announced that Chuck MacAnanny has joined the company as a loan officer in Mt. Pleasant, South Carolina. With more than 20 years of mortgage lending experience, MacAnanny is accelerating his growth by aligning with a team of high-performing originators.

    A top 1% loan originator nationally and a consistent Presidents Club and Chairman’s Club honoree, MacAnanny moved to Rate after more than a decade with his previous lender. The decision was fueled by a clear ambition to surround himself with top producers and take his business to the next level.

    “My move to Rate was by desire for growth,” said MacAnanny. “I was at my previous company for 11 years, but knew something was missing and that I needed to make a change to uplevel my progress. I wanted to find a company with multiple top producers to surround myself with and learn from. At Rate, I have found a great new home where I will thrive. I set a goal of doubling my business each year over the next few years, and believe I now have the support I have always desired to accomplish this.”

    With a long track record of excellence, including eight consecutive years as a President’s Club member and two years in the Chairman’s Club, MacAnanny brings proven production and leadership to the Rate team.

    “We are thrilled to welcome Chuck to our team at Rate,” said Jeff Nelson, Chief Production Officer – East. “He brings over 20 years of expertise in mortgage lending. His extensive knowledge and experience will be a tremendous asset, propelling him to great success with us.”

    This appointment underscores Rate’s continued focus on attracting experienced originators ready to grow their business and benefit from a high-performance, tech-enabled platform.

    About Rate
    Rate Companies is a leader in mortgage lending and digital financial services. Headquartered in Chicago, Rate has over 850 branches across all 50 states and Washington D.C. Since its launch in 2000, Rate has helped more than 2 million homeowners with home purchase loans and refinances. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates, and delivering unparalleled customer service. Honors and awards include: Top 5 Mortgage Lender by Inside Mortgage Finance for 2024; Best Mortgage Lender for First-Time Homebuyers by NerdWallet for 2023; HousingWire’s Tech100 award for the company’s industry-leading FlashClose℠ digital mortgage platform in 2020, MyAccount in 2022, and Language Access Program in 2023; the most Scotsman Guide Top Originators for 11 consecutive years; Chicago Agent Magazine’s Lender of the Year for seven consecutive years; and Chicago Tribune’s Top Workplaces list for seven straight years. Visit rate.com for more information.

    Media Contact

    press@rate.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a4594612-9a54-4dbd-8af5-e198d1d78308

    The MIL Network

  • MIL-OSI: Martha Stewart to Keynote Applied Net 2025

    Source: GlobeNewswire (MIL-OSI)

    Chicago, IL., June 04, 2025 (GLOBE NEWSWIRE) — Applied Systems® and Applied Client Network today announced that entrepreneur, best-selling author of 101 books, and Emmy Award-winner Martha Stewart will be the featured keynote speaker at Applied Net 2025. The lifestyle expert founded Martha Stewart Living Omnimedia, the first multi-channel company, which today reaches more than 100 million devoted fans on a monthly basis through her magazines, television shows, books, and products for the home. Martha will share her incredible journey of building a media empire from the ground up.

    “The insurance industry is built on entrepreneurial professionals who have turned their passion for helping people and communities safeguard and protect what matters most into a career, much like Martha Stewart has done with her passions for all things style and elegance,” said Brian Langerman, chief executive officer, Applied Client Network. “This year’s keynote will inspire our guests from across the insurance industry to continue turning their passion into new ways to serve their clients and build their businesses.”

    “Martha Stewart is one of the most successful and iconic business leaders of our time, with so many experiences to share that will inspire and motivate our Applied Net guests to dream big and turn their passions into great experiences for their teams and their clients,” said Taylor Rhodes, chief executive officer, Applied Systems. “Personally, I can’t wait for the Applied Net community to be inspired by her wisdom, wit and the many successes she’s accomplished in the business world and beyond.” 

    # # #

    The Applied products and logos are trademarks of Applied Systems, Inc., registered in the U.S.

    About Applied Systems
    Applied Systems is the leading global provider of cloud-based software that powers the business of insurance. Recognized as a pioneer in insurance automation and the innovation leader, Applied is the world’s largest provider of agency and brokerage management systems, serving customers throughout the United States, Canada, the Republic of Ireland, and the United Kingdom. By automating the insurance lifecycle, Applied’s people and products enable millions of people around the world to safeguard and protect what matters most.

    The MIL Network

  • MIL-OSI: Progress Software Sets New Standard for Developer Productivity with Groundbreaking AI Coding Assistants in Latest Telerik and Kendo UI Release

    Source: GlobeNewswire (MIL-OSI)

    BURLINGTON, Mass., June 04, 2025 (GLOBE NEWSWIRE) — Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the Q2 2025 release of Progress® Telerik® and Progress® Kendo UI®, the most powerful .NET and JavaScript UI libraries for modern application development. This release introduces a number of groundbreaking AI capabilities that significantly accelerate development workflows, including AI Coding Assistants for Blazor and React, AI-driven theme generation and GenAI-powered reporting insights.

    “We are excited to empower our customers with advanced AI Coding Assistants built right into the tools that they know and love,” said Loren Jarrett, EVP & GM, Digital Experience, Progress Software. “Our new AI Coding Assistants help serious developers reach new levels of productivity working directly with their favorite AI-powered IDEs, enabling automatic code generation with our Telerik and Kendo UI components. Developers can accelerate the creation, styling and deployment of innovative digital experiences with unmatched speed and efficiency. They gain the speed and advantages of AI without compromising their preferred workflows or code quality.”

    Highlights of the Telerik and Kendo UI Q2 2025 release:

    • AI Coding Assistants for Blazor and React: Empowers developers to automatically generate production-ready code in the Progress Telerik UI for Blazor and Progress KendoReact libraries directly inside all popular AI-powered IDEs, minimizing manual edits and significantly shortening development cycles.
    • AI Theme Generation in Progress ThemeBuilder: Developers can leverage natural language prompts to create custom styles for Telerik and Kendo UI components, with real-time previews that streamline design-to-production workflows and uphold consistent branding.
    • GenAI-Powered Reporting Insights: Integrated directly into Progress Telerik Reporting, these intelligent summaries and contextual insights eliminate the need for external tools, enabling faster, more informed decisions.

    Additional AI-driven enhancements include a GenAI-powered Telerik PDF Processing library for instant document insights, AI prompt options in the Editor control and new AI building blocks and page templates to speed up UI development.

    Beyond AI, the Q2 2025 release includes performance-optimized Data Grids for faster, more responsive data handling, enhanced design system tooling and expanded styling capabilities as well as new UI components with adaptive features designed to provide seamless experiences across all screen sizes and devices.

    To explore the full capabilities of the Q2 2025 release, visit the release overview page or register for one of our webinars: Telerik 2025 Q2 Release Webinar–Web, Desktop & Mobile, Mobile & Cross-Platform Products, Kendo UI 2025 Q2 Release Webinar and Telerik Reporting and Fiddler 2025 Q2 Release Webinar.

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

    Progress, Telerik, ThemeBuilder and Kendo UI are trademarks or registered trademarks of Progress Software Corporation and/or one of its subsidiaries or affiliates in the US and other countries. Any other trademarks contained herein are the property of their respective owners.

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

    Videos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/bd7e2478-8177-4518-8122-3d39f59e180e
    https://www.globenewswire.com/NewsRoom/AttachmentNg/a1b92a5b-8285-4073-b245-1fa1ef1d76a1

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  • MIL-OSI: Copyleaks Named No. 2 on TIME’s List of World’s Top EdTech Rising Stars of 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) — Copyleaks, a pioneering AI content analysis and governance platform used by enterprises, educational institutions, and individual users across the globe, has been named No. 2 on the second edition of the World’s Top EdTech Rising Stars of 2025. This prestigious award is presented by TIME and Statista, the world-leading statistics portal and industry ranking provider. The ranking recognizes the fastest-growing education technology companies worldwide based on revenue growth and industry impact.

    Chosen from a global pool of more than 7,000 edtech companies, Copyleaks was the only U.S.-based company to break into the top five. The company was recognized for its cutting-edge innovation in AI content detection and its pivotal role in helping educators and institutions uphold trust, transparency, and academic integrity in an increasingly digital world.

    “As AI continues to shape the future of education, maintaining integrity and transparency is paramount,” said Alon Yamin, CEO and co-founder of Copyleaks. “Being recognized by TIME as a Rising Star in EdTech underscores our dedication to delivering trusted solutions that help institutions navigate this new era with confidence and clarity.”

    The World’s Top EdTech Companies 2025 list recognizes companies primarily focused on developing and providing educational technologies, products, or services. Data was gathered from company applications, annual reports, media monitoring, and other public sources to support the research. Additionally, Statista worked with specialized data partners HolonIQ and LexisNexis PatentSight to further strengthen the data quality.

    The ranking is built on the research and analysis of the companies across two dimensions:

    1. Financial Strength: Revenue, funding data, and company disclosures were analyzed.
    2. Industry impact: Analyzed quality and impact of product or service portfolio, and the quality and value of the company’s intellectual property.

    Companies received scores in each of these dimensions, which are then combined into an overall score. The 350 companies with the highest scores, which have demonstrated an extraordinary impact on the industry and strong financial performance, were awarded.

    Copyleaks’ leading platform leverages advanced, multi-layered AI to detect both AI-generated and plagiarized content with up to 99% accuracy. Built for transparency and trust, it delivers verifiable insights into content authorship. As educational institutions face growing challenges around AI misuse, Copyleaks empowers them with the tools to trace content origins and promote academic integrity and authentic student work.

    Statista publishes hundreds of worldwide industry rankings and company listings with high-profile media partners. This research and analysis service is based on the success of statista.com, the leading data and business intelligence portal that provides statistics, relevant business data, and various market and consumer studies and surveys.

    To learn more about Copyleaks and its solutions, visit www.copyleaks.com.

    About Copyleaks
    Copyleaks is a leading AI text analysis platform empowering businesses and educational institutions to navigate the ever-evolving landscape of genAI confidently. With an award-winning suite of AI-powered tools trusted by millions, Copyleaks ensures AI governance, empowers responsible AI adoption, safeguards IP, protects intellectual property, and maintains academic integrity with comprehensive AI and plagiarism detection.

    For additional information, visit our Website or follow us on LinkedIn.

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  • MIL-OSI: Mezmo Announces Cost Optimization Workflow to Reduce Observability Spend for Datadog Users

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, Calif., June 04, 2025 (GLOBE NEWSWIRE) — Today, Mezmo unveiled new solutions to optimize observability costs for Datadog users. Mezmo Telemetry Pipeline now includes comprehensive insights and optimization workflows for Datadog users, providing SREs and developers with the flexibility needed to profile and reduce large telemetry data volumes, thereby improving cost efficiency and maximizing value from their data.

    Companies face a massive challenge in optimizing observability data. The sheer volume of telemetry data generated by modern applications makes it difficult for organizations to know and fully utilize what they have. Enterprise observability tools, such as Datadog, cannot automatically determine which logs and traces are most critical, leaving teams with no alternative but to capture and store all their data. Teams are left missing important insights and face massive overages as they struggle with the cost and complexity of managing their telemetry data.

    Mezmo solves this challenge with a new optimization workflow designed to easily understand the data in the stream and make decisions on where to direct the data before it is stored in Datadog. With a clear view of what data is most valuable — and most costly — teams can consolidate common data patterns and make adjustments in storage, easily reducing log volume by as much as 40%. The simple, self-guided workflow ensures faster time to value. Teams can begin reducing data volume and seeing cost optimization in as little as 15 minutes.

    “Datadog generates massive amounts of telemetry data, and companies are forced to store it all because they cannot easily determine what is important. Then, at the end of the billing cycle, they are stunned by the ever-increasing costs,” said Lauren Nagel, VP of Product for Mezmo. “Mezmo helps them cut through the noise to understand their data; work smarter, not harder; and, ultimately, identify opportunities for cost optimization that align with business goals.”

    Cutting noise and costs with Mezmo
    Keeping all telemetry data in a full-stack observability tool, like Datadog, is noisy, challenging to manage, and expensive. Mezmo’s new capabilities make it easier for companies to streamline data management while slashing observability costs. With Mezmo, teams get:

    Dedicated Datadog cost optimization workflow
    Users can employ Mezmo flow, a guided experience for building telemetry pipelines, to profile Datadog logs, metrics, and tags to better understand operational value and estimate billing impact. This solution allows teams to discern what data is valuable, identify repetitive patterns, and apply optimizations to reduce overall data volume, helping to manage costs and avoid overage charges. Streamlining data processing before it reaches Datadog allows companies to manage Datadog costs predictably and ensure that they’re getting the most value from their data without unnecessary spend.

    Responsive pipelines
    Empowering SREs and developers, responsive pipelines enable the dynamic adjustment of telemetry data processing based on triggers such as incidents and deployments, automatically providing high-fidelity data for troubleshooting. At the same time, live tail instantly streams parsed data, allowing teams to quickly spot and resolve issues as they occur, resulting in faster mean time to resolution (MTTR), reduced data costs, and enhanced incident response effectiveness.

    Teams can leverage a 4-hour “rewind buffer” with full-fidelity information immediately from the time the incident occurred. Available in private beta, this capability ensures that teams have the data needed to answer key questions about what happened pre-incident and facilitate a quicker diagnosis of the root cause.

    Advanced trace sampling for optimal data insight
    Users can now choose how they want to sample their trace data — either head-based or tail-based sampling — to reduce noise and accelerate insight discovery. SREs and developers can now be confident that they have the necessary traces for troubleshooting, making them more productive while reducing MTTR. Reducing the mental toil of managing data leads to improved developer experiences, greater opportunities for innovation, and better business outcomes.

    SREs and developers can start their free trial of Mezmo and learn more about how the platform can help dramatically reduce observability costs.

    About Mezmo
    Mezmo is the intelligent telemetry orchestration platform for SREs, developers and DevOps leaders. It empowers organizations to understand, optimize and respond to their observability data with unparalleled efficiency. The AI-powered solution combines data profiling, responsive pipelines and comprehensive management features to deliver enhanced visibility, cost optimization and compliance while reducing operational toil. The company has been recognized as one of the fastest-growing companies in the U.S. by Inc. 5000 and Deloitte Fast 500. Visit www.mezmo.com, and follow us on LinkedIn and X.

    Media contact:
    Jennifer Tanner
    Look Left Marketing
    mezmo@lookleftmarketing.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f4267fb0-7420-41c6-a2a2-790b3b31a163

    The MIL Network

  • MIL-OSI: Flywire Named to PCI Security Standards Council 2025-2027 Board of Advisors

    Source: GlobeNewswire (MIL-OSI)

    For the second consecutive term, Flywire joins other leading organizations to help shape the future of security standards and protocols

    David King, Flywire’s CTO, and Barbara Cousins, Flywire’s CIO & CISO, leverage their extensive security and payment experience to represent Flywire on the prestigious Board

    BOSTON, June 04, 2025 (GLOBE NEWSWIRE) — Flywire Corporation (NASDAQ: FLYW) (Flywire), a global payments enablement and software company, today announced that it has been named to the PCI Security Standards Council (PCI SSC) 2025-2027 Board of Advisors. Flywire’s Chief Technology Officer (CTO), David King, and Chief Information Officer / Chief Information Security Officer (CIO / CISO), Barbara Cousins, will represent Flywire on the PCI SSC Board of Advisors and provide their expertise to help shape the future of payment security.

    Flywire’s second consecutive appointment to the PCI SSC Board of Advisors builds on the Company’s longstanding relationship with the PCI SSC. Flywire’s CTO David King has regularly been Flywire’s representative as a Participation Organization on the PCI SSC. Additionally, King was part of the original team in 2003-2004 that helped to draft the initial version of PCI DSS 1.0. King will now bring his technical insights, expertise, perspectives and ideas to help shape the development of forthcoming security standards and programs.

    “We are incredibly proud to join the PCI SSC Board of Advisors and continue the important work designed to create more secure, compliant payment solutions across industries,” said David King, Flywire CTO. “It is a very dynamic landscape for payments security, and we are excited to apply our unique expertise working in highly regulated industries to help solve the most pressing payments challenges of our time.”

    The appointment also validates Flywire’s commitment to maintaining the security and integrity of the payments it delivers across the industries it serves. Flywire prioritizes robust security and compliance, demonstrating this commitment through rigorous internal controls and adherence to the highest industry standards. Flywire is PCI DSS Level 1 certified, the most stringent level for credit card data security, and undergoes annual SOC II Type II audits, attesting to their strong information management processes. Beyond these foundational certifications, Flywire proactively manages global regulatory requirements, maintaining comprehensive Anti-Money Laundering (AML) / Counter-Terrorist Financing (CTF) programs and complying with various data protection laws like GDPR, CCPA, PIPEDA, HIPAA and FERPA.

    Flywire’s security capabilities are a key differentiator for many of the company’s global clients. For Nordic Visitor, one of the largest tour operators in Scandinavia, Flywire’s robust security and compliance features were paramount in its decision to select Flywire to be its international payments provider:

    “Flywire’s solutions are much more modernized and capable of handling new technology. Security was a main driver for choosing Flywire, along with the cost savings,” said Magnús Freyr Erlingsson, Chief Operating Officer at TravelConnect, which oversees operations of Nordic Visitor.

    “At Flywire, being a leader in security and compliance isn’t just about meeting regulatory checkboxes; it’s about building and preserving the fundamental trust our clients and their customers place in us,” says Barbara Cousins, CISO of Flywire. “We have always maintained proactive and superior security protocols to protect sensitive data and ensure seamless, secure transactions. We are thrilled to help apply our knowledge and expertise to help contribute to a more secure and reliable financial future for everyone.”

    “The Board of Advisors provides industry expertise and perspectives that influence and shape the development of PCI security standards and programs,” said PCI SSC Executive Director Gina Gobeyn. “We look forward to working with Flywire in our efforts to help organizations secure payment data globally.”

    About the PCI Security Standards Council

    The PCI Security Standards Council (PCI SSC) leads a global, cross-industry effort to increase payment security by providing industry-driven, flexible and effective data security standards and programs that help businesses detect, mitigate and prevent cyberattacks and breaches. Connect with PCI SSC on LinkedIn. Join the conversation on X (formerly Twitter) @PCISSC. Subscribe to the PCI Perspectives Blog. Listen to the Coffee with the Council podcast.

    About Flywire

    Flywire is a global payments enablement and software company. We combine our proprietary global payments network, next-gen payments platform and vertical-specific software to deliver the most important and complex payments for our clients and their customers.

    Flywire leverages its vertical-specific software and payments technology to deeply embed within the existing A/R workflows for its clients across the education, healthcare and travel vertical markets, as well as in key B2B industries. Flywire also integrates with leading ERP systems, such as NetSuite, so organizations can optimize the payment experience for their customers while eliminating operational challenges.

    Flywire supports more than 4,600 clients with diverse payment methods in more than 140 currencies across more than 240 countries and territories around the world. The company is headquartered in Boston, MA, USA with global offices. For more information, visit www.flywire.com. Follow Flywire on X, LinkedIn and Facebook.

    Safe Harbor Statement

    This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding Flywire’s expectations of its security and data privacy policies. Flywire intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as, but not limited to, “believe,” “may,” “will,” “potentially,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “target,” “plan,” “expect,” or the negative of these terms, and similar expressions intended to identify forward-looking statements. Such forward-looking statements are based upon current expectations that involve risks, changes in circumstances, assumptions, and uncertainties. Important factors that could cause actual results to differ materially from those reflected in Flywire’s forward-looking statements include, among others, the factors that are described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of Flywire’s Annual Report on Form 10-K for the year ended December 31, 2024, and Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, which are on file with the Securities and Exchange Commission (SEC) and available on the SEC’s website at https://www.sec.gov/. The information in this release is provided only as of the date of this release, and Flywire undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

    Media Contacts:

    Sarah King
    Flywire
    Media@Flywire.com 

    Investor Contacts:

    Masha Kahn
    IR@Flywire.com 

    The MIL Network