NewzIntel.com

Category: GlobeNewswire

  • MIL-OSI: Incorta Connect Expands to Snowflake, Delivering ERP Data with Unmatched Speed, Accuracy, and Efficiency

    Source: GlobeNewswire (MIL-OSI)

    FOSTER CITY, Calif., June 04, 2025 (GLOBE NEWSWIRE) — Incorta, the most efficient data integration platform, today announced that Incorta Connect now natively supports Snowflake, enabling organizations to deliver live, detailed data from complex ERP systems like Oracle and SAP into the Snowflake Data Cloud with exceptional speed, accuracy, and efficiency.

    Following the recent launch of Incorta Connect and strategic partnerships with Google Cloud and Workday, this new integration further accelerates time to value by eliminating the need for traditional ETL pipelines and enabling real-time, analytics-ready data in just days.

    “Snowflake is a powerful data platform, but too often the complexity of moving ERP data into it slows down transformation efforts,” said Ashwin Warrier, VP and Head of Product at Incorta. “With Incorta Connect, organizations can now deliver real-time, detailed data from Oracle and SAP into Snowflake in days, not months, and do so with accuracy, security, and ease.”

    Incorta Connect’s Snowflake integration reflects Incorta’s broader mission: helping enterprises get more value from their data, faster. By removing the traditional friction of data transformation and pipeline complexity, Incorta is redefining what speed and simplicity look like in modern analytics infrastructure.

    To learn more, visit www.incorta.com/incorta-connect.

    About Incorta

    Incorta is the first and only open data delivery platform that enables real-time analysis of live, detailed data across all systems of record—without the need for complex ETL processes. By enabling direct analysis on raw, source-identical data, Incorta provides faster, more accurate insights while removing barriers to exploration. With intuitive low-code/no-code tools, AI-powered querying through Nexus, and prebuilt business data applications, enterprise teams can quickly surface insights, break down technical roadblocks, and make smarter decisions without heavy engineering effort. Incorta’s unmatched efficiency shortens time to value and lowers total cost of ownership, helping data teams move at the speed of business. For more information, please visit www.incorta.com.

    Media Relations Contact

    Elizabeth Byington

    incorta@sparkpr.com

    The MIL Network –

  • MIL-OSI: From One-Size-Fits-All to Custom Built Models: Personal AI Charts an Alternative Path – ”No LLM” Required

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, June 04, 2025 (GLOBE NEWSWIRE) — Personal AI today made a public declaration: “No LLM.”

    While Personal Language Models (PLMs) have quietly emerged as an alternative to general-purpose AI, Personal AI is the first to fully lean in, framing PLMs as the smarter, safer choice for organizations that demand privacy, precision, and control. This movement marks a clear stance on AI optionality: one-size-fits-all models aren’t the only way forward, and in many cases, they’re not the right one.

    At the heart of this movement is a simple belief: AI doesn’t need to be bigger; it needs to be better for you, the individual. PLMs are designed to reflect your data, your rules, and your expertise, helping workers and workforces reclaim control in an AI landscape dominated by common systems.

    “PLMs put people back at the center of AI,” said Suman Kanuganti, CEO of Personal AI. “We’ve been conditioned to believe that scale equals intelligence. But the future of AI is personal. It’s secure, efficient, and uniquely yours.”

    From General Purpose to Personal Power

    While LLMs operate on massive public datasets, PLMs are built on a different architecture that’s privacy-first, memory-based, and programmable to specific needs.

    “PLMs distinguish themselves through a memory-based transformer architecture that combines scalability, efficiency, and high performance,” said Kanuganti, “Built on two foundational pillars, a memory and mixture-of-experts framework and an advanced transformer-based design, this hybrid approach enables Personal AI to handle tasks requiring deep contextual understanding with exceptional accuracy and predictability. It’s an architectural leap, much like the shift from CPUs to GPUs for specialized workloads.”

    PLMs offer a new path for AI adoption that’s grounded in:

    • Privacy by Design: Your data stays in your control—never scraped or shared. This is particularly important as 72% of Americans believe there should be more government regulation on what can be done with personal data.
    • Programmability: Models are tailored to your context, not trained on the internet’s average.
    • Precision at Scale: PLMs deliver efficient, accurate responses without the infrastructure bloat of LLMs.
    • Contextual Intelligence: PLMs go deep in specific domains, not wide on general trivia.
    • AI That Works With You: Every PLM reflects its user—offering decisions, insights, and actions that align with how you work.

    Kanuganti and his team envision a future where every worker partners with a trusted network of PLMs, embedded across every function, from operations to strategy.

    Drawing Inspiration From the Campaign That Changed Software Forever

    Personal AI’s “No LLM” movement draws inspiration from Salesforce’s iconic 1999 “No Software” campaign, a bold declaration that helped redefine a market. Just as Salesforce challenged the prevailing belief that software had to be packaged and installed, Personal AI is challenging the assumption that bigger models mean better results.

    Rolling out at major tech events in 2025, the “No LLM” movement is designed to provoke a critical question: why settle for generic intelligence when you can build your own, specific intelligence?

    Jean-Yves Couput, Senior Executive Advisor on Corporate Strategies and Communications at Salomon, a French sporting goods company, said “LLMs like ChatGPT opened the door, but they are generalists and often too vague or off-mark for our needs. With PLMs, we are in control. We train the model on our content, our tone, our strategy. It speaks Salomon. That level of personalization is not just convenient — it is transformative. From inventory management to employee onboarding to executive communications, we are seeing 50-75% gains in speed, accuracy, and consistency. And frankly, it is the only way we can meet our compliance standards while scaling AI securely across the company.”

    “LLMs aren’t going away, but they alone don’t serve all customer needs,” added Kanuganti. “Our message is about expanding what’s possible. About giving people tools that serve their interests, not just the industry’s.”

    About Personal AI

    Personal AI is the largest supplier of AI workers, serving Enterprise and SMB markets with proprietary Personal Language Models (PLMs). Each PLM (or “Persona”) has a specific function or role, with deep knowledge in its area, and is designed for both human collaboration and autonomous workflows. The Company was founded in 2020 by Suman Kanuganti, Sharon Zhang, and Kristie Kaiser. For more information, visit https://personal.ai

    Media Contact:
    Susanna Kalnes
    Sparkpr
    susanna.kalnes@sparkpr.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8b3748a8-8f20-47da-94c9-2e7b0a6f40e8

    The MIL Network –

  • MIL-OSI: S44 Energy Launches TopazEV to Democratize Access to EV Charging Software

    Source: GlobeNewswire (MIL-OSI)

    MAHWAH, N.J., June 04, 2025 (GLOBE NEWSWIRE) — S44 Energy, the EV charging software company, today announced TopazEV — the industry’s first Open-as-a-Service (OaaS) charge station management software (CSMS). TopazEV gives charge point operators (CPOs), fleets, retailers and utility companies the flexibility to launch, operate and scale EV charging networks without vendor lock-in, per-session fees or protocol limitations.

    With federal subsidies in flux and mounting pressure to build reliable, scalable infrastructure, TopazEV arrives at a critical moment. Despite more than 250,000 public fast chargers in the U.S., EV adoption still lags behind China and Europe. A main driver is that nearly half of Americans fear being stranded due to charger availability — a concern validated by data showing that one in five charging attempts fail, often due to software issues.

    “Whether you’re standing up a pilot site or running a nationwide network, TopazEV delivers the control of open architecture with the simplicity of a managed platform,” said Olga Haygood, CEO of S44 Energy. “You get the flexibility to scale and the freedom to integrate at a price that grows with you, not against you.”

    TopazEV is a modern CSMS that was built for today’s CPOs, fleets and utilities. It gives operators complete control of their networks, with a real-time dashboard for charger status, network statistics and session tracking. TopazEV supports open protocols like OCPP 1.6, OCPP 2.0.1, OCPI 2.2.1 and ISO 15118, making it easy to onboard legacy hardware while providing standard features like Plug & Charge and roaming and preparing for next-gen features like hardware monitoring and V2G integration. It’s ready to integrate seamlessly with billing systems, CRMs and analytics tools of your choice via REST APIs, GraphQL and Webhooks.

    What Sets TopazEV Apart

    • Protocol-ready for any stage — Full support for both legacy and modern charging standards, enabling true network interoperability and future-proofing.
    • Built for operators, not just engineers — A clean, intuitive UI designed for daily operations, including live status, fault alerts, charging statistics and asset provisioning.
    • API-first and integration-friendly — Integrations with 3rd party tools made simple. Implement on your own or with our help: either way, the IP is yours, so operators can build the tech stack that fits their needs.

    TopazEV is available in two models

    • Open-as-a-Service (OaaS): Subscription-based, hosted by S44 Energy, or on the platform of your choice for a setup fee. Ideal for fast pilots and growing networks.
    • Business Source License (BSL): A one-time license that gives enterprises full ownership of the codebase for independent implementation.

    Both models offer full control, transparency and the ability to scale without compromise.

    To learn more about TopazEV, visit topazev.com.

    About S44 Energy
    S44 Energy is a software company dedicated to advancing e-mobility through scalable, open EV charging solutions for charge point operators, fleets and infrastructure providers. For more than a decade, S44 Energy has created EV charging software that powers automotive OEMs and top EV network operators. With a commitment to open standards, innovation and sustainability, S44 Energy empowers the transition to electric mobility through its open-source projects and flagship product, TopazEV.

    To learn more, visit topazev.com and follow the company on LinkedIn.

    Media Contact
    Liesse Jayalath
    Look Left Marketing
    s44@lookleftmarketing.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8b5575ee-be70-46fd-ad99-c4d815bcfdfb

    The MIL Network –

  • MIL-OSI: Noma Security Named to Exclusive “Rising in Cyber 2025” List as Leader in Enterprise AI Security

    Source: GlobeNewswire (MIL-OSI)

    TEL AVIV, Israel, June 04, 2025 (GLOBE NEWSWIRE) — Noma Security, the unified AI security and governance platform, today announced its inclusion in Rising in Cyber 2025, an independent list launched by Notable Capital to spotlight the 30 most-promising cybersecurity startups shaping the future of security.

    Noma Security was selected for its uniquely comprehensive AI security and governance platform, providing enterprise customers with the confidence to rapidly build and deploy AI at scale. Fortune 500 customers use Noma Security to realize measurable value and accelerate competitive advantage through secure AI development and adoption.

    Unlike traditional rankings, Rising in Cyber 2025 honorees were selected through a multi-stage process grounded in real-world validation. Leading cybersecurity venture firms submitted nominations, and nearly 150 Chief Information Security Officers (CISOs) and senior security executives voted on the final list, highlighting the companies solving the most-urgent challenges facing today’s security teams.

    The company joins a cohort that has collectively raised over $7.8 billion according to Pitchbook as of May 2025, and is defining the next era of cybersecurity across key areas like identity, application security, agentic AI, and security operations.

    “The demand for cybersecurity innovation has never been greater. As the underlying technologies evolve and agentic AI reshapes everything from threat detection to team workflows, we’re witnessing a shift from reactive defense to proactive, intelligence-driven operations,” said Oren Yunger, Managing Partner at Notable Capital. “What makes this list special is that it reflects real-world validation—honorees were chosen by CISOs who face these challenges every day. Congratulations to this year’s Rising in Cyber companies for building the solutions that modern security leaders truly want and need.”

    In celebration, honorees will be recognized today at the New York Stock Exchange (NYSE) alongside top security leaders and investors.

    “Rising in Cyber 2025 recognition stands out from other awards based on a selection process led by CISOs who are on the front lines of secure AI adoption,” said Niv Braun, Vulcan Cyber CEO and co-founder. “Leading CISOs validate what we’re seeing in the market—enterprises are eager to harness the potential of AI, but they also understand the need for comprehensive AI security and governance. The Noma Security platform gives cybersecurity teams the visibility and control they need to enable rapid, secure deployment at scale, turning AI security from a bottleneck into a competitive advantage.”

    In November 2024, Noma Security launched from stealth with a $32M Series A funding round led by Ballistic Ventures and Glilot Partners.

    To learn more about Rising in Cyber 2025, visit www.notablecap.com/risingincyber.

    About Noma Security
    Noma Security is the AI security and governance platform giving enterprise organizations the confidence to rapidly build and deploy AI at scale. Noma Security uniquely provides cybersecurity teams with control of AI risk through continuous discovery and inventory, supply chain security, red teaming, and runtime protection to ensure compliance and mitigate risk. Backed by Ballistic Ventures, Glilot Capital, Cyber Club London, Databricks Ventures and SVCI, Noma Security is widely adopted by Fortune 500 customers and has been recognized by Gartner as a leading AI TRiSM solution. For more information visit https://noma.security.

    The MIL Network –

  • MIL-OSI: Goosehead Insurance Launches New Program to Support Veterans on Path to Business Ownership

    Source: GlobeNewswire (MIL-OSI)

    WESTLAKE, Texas, June 04, 2025 (GLOBE NEWSWIRE) — Goosehead Insurance, Inc., (NASDAQ: GSHD), a rapidly growing, independent personal lines insurance agency, today launched the Veteran Initiative Program (VIP), designed to support and recruit military veterans on their path to become business owners. The program empowers veterans to apply their unique skills from active duty through professional development, mentorship and real-world learning to build thriving Goosehead franchises and achieve lasting financial independence.

    According to the International Franchise Association, 14% of franchisees are veterans and they are more likely to hire other veteran employees with similar backgrounds and work ethic. Goosehead Insurance’s VIP provides driven, former service members with a unique pathway to entrepreneurship in the growing and resilient insurance industry. Through the program, the company equips veterans, regardless of prior insurance experience, with the comprehensive support and training needed to operate a successful franchise:

    • Comprehensive Business Training and Ongoing Support: Mirroring the structured coaching and leadership veterans experienced during their service, ensuring they are set up for long-term success.
    • Access to Industry-Leading Technology: Simplifying sales and marketing efforts by identifying target markets and streamlining the process of matching clients with the best insurance products.
    • A Dedicated Veteran Development Team: Providing specialized guidance and mentorship throughout their journey as franchise owners.
    • Geographic Flexibility: Allowing veterans to establish their franchises in locations that suit their personal and professional goals, with opportunities available in up to 39 states.
    • A 20% Discount on the Initial Franchise Fee: Demonstrating Goosehead Insurance’s commitment to making franchise ownership more accessible to veterans.

    “After 23 years in the military, I’ve seen that veterans bring a unique mindset and valuable skills honed in high pressure situations, such as leadership, discipline, grit and a strong work ethic – all critical to building a successful business,” said Ben Walker, Sr. Manager of the Veteran Initiative Program at Goosehead Insurance. “We have 40+ operating veteran-owned franchises nationwide, and the Veteran Initiative Program demonstrates Goosehead’s growing commitment to giving even more veterans a seat at the table.”

    “The Veteran Initiative Program showcases our commitment to real-world learning, professional development and fostering success across our franchise network. We are excited to bring more veterans into our proven franchise model and give them a competitive edge toward financial independence,” added Walker.

    The program was inspired by the success of veteran franchisees like Tim McMullin, whose agency in Pennsylvania recently achieved a $10 million book of business.

    “At Goosehead Insurance, I’ve been able to achieve remarkable results by leaning into my strengths and channeling skillsets acquired during my military service,” said McMullin. “Now, as a successful franchise owner, I can also help others along their journey – something I’m both eager to do and proud to say I can, thanks to Goosehead.”

    For more information, please visit goosehead.com/military.
      
    About Goosehead Insurance, Inc.
    Goosehead (NASDAQ: GSHD) is a rapidly growing and innovative independent personal lines insurance agency that distributes its products and services through corporate and franchise locations throughout the United States. Goosehead was founded on the premise that the consumer should be at the center of our universe and that everything we do should be directed at providing extraordinary value by offering broad product choice and a world-class service experience. Goosehead represents over 200 insurance companies that underwrite personal and commercial lines. For more information, please visit goosehead.com or goosehead.com/become-a-franchisee.

    Contacts
    Mission North for Goosehead Insurance
    Email: goosehead@missionnorth.com; PR@goosehead.com

    The MIL Network –

  • MIL-OSI: Varonis Named a Gartner® Peer Insights™ Customers’ Choice for Second Consecutive Year

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, June 04, 2025 (GLOBE NEWSWIRE) — Varonis Systems, Inc. (Nasdaq: VRNS), the leader in data security, has once again been recognized as a 2025 Customers’ Choice in the Gartner® Peer Insights™ “Voice of the Customer” for Data Security Posture Management (DSPM). This marks the second consecutive year Varonis received this prestigious distinction.

    Varonis is proud to be one of the highest scoring vendors, with an impressive 4.9 out of 5 stars out of 149 reviews and more five-star ratings, as of February 2025. Notably, 99% of customers said they would recommend Varonis.

    Customers rated Varonis 4.9 out of 5 stars for support experience and 4.8 out of 5 stars for product capabilities. Here’s what they have to say:

    “Our customers are our best advocates, and the results speak for themselves,” said Varonis CMO Rob Sobers. “In our opinion, being named a Customers’ Choice for two consecutive years with a 99% recommendation is quantitative evidence that we deliver and are constantly innovating. Our team is dedicated to helping organizations confidently strengthen their cyber resilience and effortlessly reduce data risk through automation.”

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

    Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.

    Additional Resources

    About Varonis
    Varonis (Nasdaq: VRNS) is the leader in data security, fighting a different battle than conventional cybersecurity companies. Our cloud-native Data Security Platform continuously discovers and classifies critical data, removes exposures, and detects advanced threats with AI-powered automation.

    Thousands of organizations worldwide trust Varonis to defend their data wherever it lives — across SaaS, IaaS, and hybrid cloud environments. Customers use Varonis to automate a wide range of security outcomes, including data security posture management (DSPM), data classification, data access governance (DAG), data detection and response (DDR), data loss prevention (DLP), AI security, identity protection, and insider risk management.

    Varonis protects data first, not last. Learn more at www.varonis.com.

    Investor Relations Contact:
    Tim Perz
    Varonis Systems, Inc.
    646-640-2112
    investors@varonis.com 

    News Media Contact:
    Rachel Hunt
    Varonis Systems, Inc.
    877-292-8767 (ext. 1598)
    pr@varonis.com

    The MIL Network –

  • MIL-OSI: Onfolio Holdings Launches Pace Generative to Help Brands Dominate AI-Generated Search Results

    Source: GlobeNewswire (MIL-OSI)

    WILMINGTON, Del., June 04, 2025 (GLOBE NEWSWIRE) — Onfolio Holdings Inc. (NASDAQ: ONFO, ONFOW) (OTC: ONFOP) (“Onfolio” or the “Company”) today announced the launch of Pace Generative LLC, a dedicated Generative Engine Optimization (GEO) agency created to help brands appear in AI-generated answers – a rapidly emerging opportunity in digital discovery and trust-building.

    As AI assistants start to replace traditional search engines as the primary way people discover and evaluate services, GEO has emerged as a mission-critical strategy. It ensures that a brand’s insights and authority are embedded in the answers delivered by AI tools – positioning businesses at the point of decision-making, not just after the fact.

    Generative Engine Optimization (GEO) helps businesses become part of the answers AI platforms generate, by embedding their expertise directly in real-time, conversational responses.

    When a user asks an AI assistant, “Who’s the top cosmetic surgeon near me?”, “What wealth management firm should I trust with my portfolio?”, or “Which estate planning attorney is most experienced in my area?”, GEO helps to determine which businesses are cited in the answer. These moments often shape high-value decisions, before a search engine is ever consulted. For example, a law firm that appears in ChatGPT’s response to “best estate attorney in Miami” could earn immediate trust and consideration well before a potential client sees competing websites.

    AI-driven discovery is accelerating. A recent Elon University study found that 52% of U.S. adults already use AI tools like ChatGPT, Gemini, Claude, Grok, and Copilot. ChatGPT alone now serves 400 million weekly active users globally, including nearly 68 million in the U.S. With platforms like Perplexity gaining traction, AI assistants are becoming the default source for trusted, real-time answers. According to McKinsey, generative AI could add as much as $4.4 trillion in annual economic value, with marketing and sales among the most directly impacted sectors.

    This shift is transforming how brands are discovered, evaluated, and chosen.

    As traditional search becomes a fallback rather than the starting point, GEO has emerged as a critical strategy for relevance. Unlike SEO, which helps websites rank in search results, GEO ensures a brand’s insights, authority, and offerings are embedded directly in AI-generated answers.

    SEO earns clicks. GEO earns trust, by making brands part of the answer, not just part of the results. Today’s search engines send users to websites. AI platforms deliver the answer itself. If a brand isn’t cited, it may be invisible at the moment of decision.

    Onfolio brings deep experience in SEO, having led successful campaigns across multiple agencies and industries. With a strong foundation in content strategy, technical optimization, and performance publishing, the Company is now applying that expertise to the next era of online visibility: GEO.

    The launch of Pace Generative marks a strategic evolution. Purpose-built for the AI era, with proprietary frameworks, scalable systems, and specialized processes designed to help brands be recognized and cited by AI platforms.

    Our core services are designed to help brands become part of the answers AI platforms deliver and not just compete for placement in crowded search results:

    • Question-Driven Content CreationWe craft authoritative content; articles, guides, FAQs, that mirrors how real people ask questions in tools like ChatGPT and Gemini.
    • AI-Optimized Site StructureWe organize websites so that AI models can easily understand, access, and reference key information – ensuring important expertise isn’t overlooked.
    • Language and Topic AlignmentWe align messaging with the terms and topics AI platforms associate with credibility – positioning content to be cited accurately and confidently.
    • Strategic Publishing and DistributionWe publish and distribute content in formats, channels, and timelines that signal trust- improving the likelihood of being included in AI-generated answers.

    These services improve the chances that a brand will be surfaced in the moment a customer asks for a trusted recommendation and will help position that brand as part of the decision-making conversation.

    “AI is where decisions are being made,” said Dominic Wells, CEO of Onfolio Holdings Inc. “If a brand isn’t part of the answers, it’s not in the market. GEO isn’t just the next evolution of search, it’s the new standard for being found.”

    Pace Generative is built for businesses and professionals in industries where trust, expertise, and timing drive customer decisions – including healthcare, finance, law, education, consulting, B2B services, and high-end consumer markets.

    Onfolio anticipates strong demand for Pace Generative’s GEO service as more organizations adapt their marketing strategies for AI-native visibility.

    As artificial intelligence continues to reshape how the world seeks and selects solutions, Pace Generative is helping forward-thinking companies lead the AI-powered conversations that define tomorrow’s market leaders.

    For more information, visit www.pacegenerative.com or contact Mike at mike@pacegenerative.com.

    About Onfolio Holdings Inc.

    Onfolio acquires, operates, and scales a diversified portfolio of digital companies. The Company focuses on businesses with strong cash flows, long-term growth potential, and experienced leadership—or those that can be effectively managed by Onfolio’s in-house team. By targeting under-optimized businesses with untapped potential, Onfolio adds value through operational expertise, strategic guidance, and advanced technologies. For more information, visit www.onfolio.com.

    Safe Harbor Statement

    The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words “may,” “will,” “should,” “plans,” “explores,” “expects,” “anticipates,” “continues,” “estimates,” “projects,” “intends,” and similar expressions. Examples of forward-looking statements include, among others, statements we make regarding expected operating results, such as revenue growth and earnings, and strategy for growth and financial results. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing new customer offerings, changes in customer order patterns, changes in customer offering mix, continued success in technological advances and delivering technological innovations, delays due to issues with outsourced service providers, those events and factors described by us in Item 1.A “Risk Factors” in our most recent Form 10-K and other risks to which our Company is subject, and various other factors beyond the Company’s control. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

    Company Contact:
    Investor Communications
    Onfolio Holdings Inc.
    Investors@Onfolio.com

    The MIL Network –

  • MIL-OSI: Descope Named to Rising in Cyber 2025 List of Top Cybersecurity Startups

    Source: GlobeNewswire (MIL-OSI)

    LOS ALTOS, Calif., June 04, 2025 (GLOBE NEWSWIRE) —  Descope, the drag & drop external IAM platform, today announced its inclusion in Rising in Cyber 2025, an independent list launched by Notable Capital to spotlight the 30 most promising cybersecurity startups shaping the future of security.

    Unlike traditional rankings, Rising in Cyber 2025 honorees were selected through a multi-stage process grounded in real-world validation. Leading cybersecurity venture firms submitted nominations, and nearly 150 Chief Information Security Officers (CISOs) and senior security executives voted on the final list, highlighting the companies solving the most urgent challenges facing today’s security teams.

    Descope was selected for its no / low code external IAM capabilities that provide security teams the confidence to add the right user journey security controls at the right time without impacting the user experience. Additionally, the Descope Agentic Identity Hub provides key tools and infrastructure to help organizations securely adopt agentic AI systems with robust authentication and access control baked-in.

    The company joins a cohort that has collectively raised over $7.8 billion according to Pitchbook as of May 2025, and is defining the next era of cybersecurity across key areas like identity, application security, agentic AI, and security operations.

    “The demand for cybersecurity innovation has never been greater. As the underlying technologies evolve and agentic AI reshapes everything from threat detection to team workflows, we’re witnessing a shift from reactive defense to proactive, intelligence-driven operations,” said Oren Yunger, Managing Partner at Notable Capital. “What makes this list special is that it reflects real-world validation—honorees were chosen by CISOs who face these challenges every day. Congratulations to this year’s Rising in Cyber companies for building the solutions that modern security leaders truly want and need.”

    In celebration, honorees will be recognized today at the New York Stock Exchange (NYSE) alongside top security leaders and investors.

    “We’re honored to be named to Rising in Cyber 2025 alongside other innovative security startups,” said Slavik Markovich, Co-Founder and CEO of Descope. “Developers building authentication in-house are burdened with lots of security responsibilities that they shouldn’t be responsible for. We’re proud to help hundreds of organizations ‘descope’ authentication and access control from their daily work without having to worry about account takeover, session management, and agentic identity infrastructure.”

    Descope launched from stealth in February 2023 with $53M in seed funding and a developer-oriented auth platform. The product has since grown to a complete external IAM platform while retaining its developer focus. Descope helps hundreds of organizations like GoFundMe, Databricks, GoodRx, Navan, and You,com create secure and frictionless identity journeys for their end users, business customers, partners, APIs, and AI agents.

    To learn more about Rising in Cyber 2025, visit www.notablecap.com/risingincyber.

    About Descope

    Descope is a drag & drop platform to help organizations manage all their external identities. Our no / low code external IAM solution helps organizations create, modify, and secure authentication and authorization journeys for end users, business customers, partner applications, and APIs / AI agents. Hundreds of businesses use Descope to improve customer experience, prevent account takeover, and get a 360 view of their customer and machine identities.

    About Rising in Cyber

    Rising in Cyber is an annual list recognizing the most innovative startups in cybersecurity as determined by nearly 150 leading CISOs and cybersecurity executives. Nomination criteria included private, venture-backed companies with a primary product focus on cybersecurity and the U.S. as a primary market. For more information about the honorees, participating investors, and methodology, visit www.risingincyber.com.

    About Notable Capital

    Notable Capital is a global venture capital firm based in the U.S. focused on early-to-growth-stage companies in cloud infrastructure and business and consumer applications. The firm invests primarily in the U.S., Israel, Europe, and Latin America. Notable Capital portfolio companies include Affirm, Airbnb, Anthropic, Brightwheel, Drata, Fal.ai, Handshake, HashiCorp, Ibotta, Monte Carlo, Neon, Orca Security, Quince, Slack, Stori, Vercel, and more.

    Notable Capital is a longtime investor in the global cybersecurity sector. Its investments include Bitsight, Descope, Drata, Gem Security (Acquired by Wiz), HashiCorp ($HCP, Acquired by IBM), Nozomi Networks, Orca Security, Torq, Tonic.io, and Vdoo (Acq by JFrog), and more. More information can be found at www.notablecap.com and @notablecap.

    Media Contacts

    Erica Anderson

    Offleash for Descope

    descope@offleashpr.com

    The MIL Network –

  • MIL-OSI: Joveo Named Among Top 25 AI Companies of 2025

    Source: GlobeNewswire (MIL-OSI)

    MENLO PARK, Calif., June 04, 2025 (GLOBE NEWSWIRE) — Joveo, the global leader in AI-led, high-performance recruitment marketing, has been named one of the Top 25 AI Companies of 2025 by The Software Report. This prestigious accolade highlights Joveo’s innovative use of artificial intelligence (AI) to transform recruitment marketing and talent acquisition to deliver exceptional hiring outcomes for organizations worldwide.

    The annual list, curated by The Software Report, celebrates organizations that are pioneering advancements in AI. Joveo’s inclusion proves its role as a game-changer in recruitment marketing, leveraging cutting-edge AI technology to optimize job advertising, enhance recruiting processes, improve candidate experience, and maximize return on investment for employers globally.

    “Being named one of the Top 25 AI Companies of 2025 is an incredible honor and a reflection of our team’s hard work,” said Prateek Mishra, Chief Technology Officer at Joveo. “This didn’t happen overnight — we made a deliberate choice three years ago to build a solid AI foundation, and what you see today is the result of that long-term focus, not a quick fix. We’re proud to be recognized alongside companies like Scale AI, Anthropic, Perplexity, and Hugging Face, and we’ll keep pushing the limits to help our customers stay ahead.”

    As a leader in recruitment marketing, Joveo is not only building cutting-edge technology but also helping talent acquisition teams understand, adopt, and thrive with AI. The company is committed to empowering recruiting leaders and practitioners with the knowledge and tools they need to succeed in an AI-driven world. Here’s how:

    • Autonomous AI agents: Spearheading advancements in recruitment marketing automation with agents that intelligently adjust strategies in real-time.
    • Conversational AI assistant: Improving candidate interactions and preventing ghosting.
    • Dynamic campaign management: Empowering employers to scale and optimize their job advertising campaigns effortlessly, while reducing paid media spend.

    Recently, Joveo published its AI maturity model for talent acquisition, helping talent acquisition leaders and practitioners benchmark their AI adoption, and chart pathways to greater recruiting efficiency.

    The Software Report’s annual Top 25 AI Companies list recognizes organizations that demonstrate excellence in AI innovation and application. This year’s recipients were selected based on their industry expertise, measurable impact, and commitment to advancing AI responsibly. From foundational AI providers to industry-specific innovators, these companies are shaping the future of technology and business.

    About Joveo
    As the global leader in AI-powered, high-performance recruitment marketing, Joveo is transforming talent attraction and recruitment media buying for the world’s largest employers, staffing firms, RPOs, and media agencies. The Joveo platform enables businesses to attract, source, engage, and hire the best candidates on time and within budget.

    Powering millions of jobs every day, Joveo’s data-driven recruitment marketing platform uses advanced data science and AI to dynamically manage and optimize talent sourcing and applications across all online channels, while providing real-time insights at every step of the job seeker journey, from click to hire.

    For more information about Joveo’s award-winning platform, visit www.joveo.com.

    Media Contact
    Heather van Werkhooven
    Sr. Director, Content and Thought Leadership
    Joveo
    pr@joveo.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1aead472-ddf9-46cd-8cd5-aaa3ca7c6b23

    The MIL Network –

  • MIL-OSI: TOP Ships Inc. Announces Intention to Spin Off a New Nasdaq-Listed Suezmax Tanker Company

    Source: GlobeNewswire (MIL-OSI)

    ATHENS, Greece, June 04, 2025 (GLOBE NEWSWIRE) — TOP Ships Inc. (the “Company” or “TOP Ships”) (NYSE American: TOPS), an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced today that it intends to effect a spin-off of two of its Suezmax tanker vessels.

    Rubico Inc. (“Rubico”), currently a subsidiary of TOP Ships, would become an independent publicly-traded company listed on the Nasdaq Capital Market as a result of the planned spin-off. The initial assets of Rubico will be the M/T Eco Malibu and M/T Eco West Coast, each a modern, high specification, scrubber-fitted and fuel-efficient 157,000 dwt Suezmax tanker.

    As part of the spin-off transaction, TOP Ships intends to distribute 100% of the common shares of Rubico to its securityholders of record as of June 16, 2025. The distribution of common shares of Rubico is expected to be made on or around June 30, 2025. Following the spin-off, there are expected to be no overlapping board members or executive officers between Rubico and TOP Ships.

    In the spin-off distribution, TOP Ships intends to distribute 100% of the common shares of Rubico pro rata to the common shareholders of TOP Ships and to all holders of outstanding common stock purchase warrants of TOP Ships on an as-exercised basis.

    TOP Ships securityholders do not need to take any action to receive Rubico shares to which they are entitled, and do not need to pay any consideration or surrender or exchange TOP Ships common shares. TOP Ships common shareholders (and warrantholders on an as-exercised basis) will receive one Rubico common share for every two TOP Ships common shares held at the close of business on June 16, 2025, the record date for the distribution. Fractional common shares of Rubico will not be distributed. Instead, the distribution agent will aggregate fractional common shares into whole shares, sell such whole shares in the open market at prevailing rates promptly after Rubico’s common shares commence trading on the Nasdaq Capital Market, and distribute the net cash proceeds from the sales pro rata to each holder who would otherwise have been entitled to receive fractional common shares in the distribution.

    In connection with the spin-off transaction, Rubico expects to raise $1.5 million in a private placement of its common shares at a purchase price of $20.00 per share. The private placement will be conditioned on and is expected to close concurrently with the spin-off distribution.

    Rubico will file a registration statement on Form 20-F with the Securities and Exchange Commission in connection with the proposed spin-off. The transaction remains subject to such registration statement being declared effective and the approval of the listing of Rubico’s common shares on the Nasdaq Capital Market. There can be no assurance that the transaction will occur or, if it does occur, of its terms or timing. TOP Ships may, at any time, decide to abandon the spin-off. A copy of the registration statement on Form 20-F filed by Rubico will be available at www.sec.gov.

    About TOP Ships Inc.

    TOP Ships Inc. is an international owner and operator of ocean-going vessels focusing on modern, fuel-efficient eco tanker vessels transporting crude oil, petroleum products (clean and dirty) and bulk liquid chemicals. For more information about TOP Ships Inc., visit its website: www.topships.org.

    Cautionary Note Regarding Forward-Looking Statements

    Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts, including statements regarding the proposed spin-off and the prospects and strategies of TOP Ships and Rubico following the spin-off, the valuation of the shares of Rubico and TOP Ships following the spin-off, and the listing of Rubico’s common shares on the Nasdaq Capital Market.

    The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect,” “pending,” and similar expressions identify forward-looking statements. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including, without limitation, our management’s examination of historical operating trends, data contained in our records, and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs, or projections. Please see our filings with the Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. The information set forth herein speaks only as of the date hereof, and we disclaim any intention or obligation to update any forward‐looking statements as a result of developments occurring after the date of this communication.

    For further information please contact:

    Alexandros Tsirikos
    Chief Financial Officer
    TOP Ships Inc.
    Tel: +30 210 812 8107
    Email: atsirikos@topships.org

    The MIL Network –

  • MIL-OSI: Real Matters Appoints Mortgage Market Industry Veteran John Walsh to its Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 04, 2025 (GLOBE NEWSWIRE) — Real Matters Inc. (“Real Matters” or the “Company”), a leading network management services provider for the mortgage lending and insurance industries, today announced the appointment of John Walsh to its Board of Directors, effective June 4, 2025. Mr. Walsh will serve on the Company’s Compensation, Nomination, Governance and Sustainability Committee. Following the appointment of Mr. Walsh, the Board will comprise seven directors, six of whom are independent.

    “On behalf of the Board, I am delighted to welcome John as a new director,” said Real Matters Chairman Garry Foster. “With more than four decades of mortgage market experience, John is a seasoned industry veteran whose extensive background and expertise in financial services, data and technology will be an invaluable asset to our Board and to the Company as it continues to pursue its long-term growth strategy.”

    John Walsh is a corporate director with more than four decades of experience in the mortgage, real estate and financial services industry, including leading technology and data firms. Mr. Walsh is currently a director and the former CEO of California-based LERETA LLC (2015 to 2025), a leading provider of real estate tax services. Prior to joining LERETA, Mr. Walsh was the CEO of DataQuick, a nationwide provider of real estate property information, analytics and mortgage settlement services from 2008 to 2015. Previously, he was president of Del Mar Database, a provider of technology solutions to residential lenders. He is also the former president of RF/Spectrum Decision Science Corp. and chairman and CEO at PureCarbon, Inc. (now Workstream, Inc.). Earlier in his career, Mr. Walsh held senior management positions at several mortgage companies and banks. 

    “I am truly excited to be joining the Real Matters Board and am eager to bring my experience to the table in support of the Company’s continued growth and innovation,” said John Walsh. “I look forward to contributing to the Company’s success as it strengthens its position as a leader in mortgage technology and drives forward-thinking solutions in an ever-evolving industry.”

    Mr. Walsh was an independent director of DocuTech Inc. from 2013 to 2018, serving on its Compensation Committee. He holds a Master of Business Administration from Harvard Business School and a Bachelor of Science Degree from California Lutheran College. He is also a recipient of the PROGRESS in Lending Association Lending Luminary Award™.

    About Real Matters
    Real Matters is a leading network management services provider for the mortgage lending and insurance industries. Real Matters’ platform combines its proprietary technology and network management capabilities with tens of thousands of independent qualified field professionals to create an efficient marketplace for the provision of mortgage lending and insurance industry services. Our clients include top 100 mortgage lenders in the U.S. and some of the largest banks and insurance companies in Canada. We are a leading independent provider of residential real estate appraisals to the mortgage market and a leading independent provider of title and mortgage closing services in the U.S. Headquartered in Markham (ON), Real Matters has principal offices in Buffalo (NY) and Middletown (RI). Real Matters is listed on the Toronto Stock Exchange under the symbol REAL. For more information, visit www.realmatters.com.

    For more information:
    Lyne Beauregard
    Vice President, Investor Relations and Corporate Communications
    Real Matters
    lbeauregard@realmatters.com
    416.994.5930

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cf814742-972f-45dc-ab64-69bb92179659

    The MIL Network –

  • MIL-OSI: Veea and StarGroup Join Forces to Transform Mexico’s Digital Divide with Smart Connectivity and Entertainment Solutions

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK and MEXICO CITY, June 04, 2025 (GLOBE NEWSWIRE) — Veea Inc. (NASDAQ: VEEA), a global innovator in edge computing and AI-driven platforms, and StarGroup, one of Mexico’s most dynamic and visionary telecommunications and entertainment providers, are proud to announce a strategic alliance to accelerate digital inclusion, connectivity and entertainment services across underserved rural communities in Mexico.

    Empowering Communities Through Technology and Vision

    As Mexico advances its national mission for universal internet access, Veea and StarGroup are combining their technological strengths and market leadership to deliver high-performance, cybersecure, and affordable digital services to remote areas that have historically been left behind. This transformative partnership reflects a bold step and an unwavering commitment to bridging the digital divide and true digital equity for millions of Mexicans. Moreover, from cloud-managed entertainment to intelligent edge networking, this partnership aims to fuel education, commerce, and innovation for communities that have long been digitally excluded.

    With deep local expertise and a growing presence across the country, StarGroup is uniquely positioned to drive innovation at the edge of connectivity, leveraging Veea’s cutting-edge technology. StarGroup’s deployment of Veea’s virtual Trusted Broadband Access (vTBA) platform marks the beginning of a nationwide rollout that will provide intelligent internet access, IoT integration, and cloud-based applications directly to users’ Wi-Fi-enabled devices—including smartphones, tablets, and laptops. “At StarGroup, we believe technology should be a tool for empowerment, not exclusion,” said Monica Aguirre, CEO of StarGroup. “This partnership with Veea allows us to bring real solutions to real communities—solutions that go far beyond entertainment and connectivity. We are investing in a future where every Mexican family, regardless of geography, can participate in the digital economy.”

    Deployed with satellite backhaul and powered by compact VeeaHub devices and VeeaWare software, the service supports not only seamless connectivity but also a wide range of local IoT applications—from precision agriculture and energy monitoring to public safety and asset tracking. StarGroup is not just deploying infrastructure; it is building the foundation for a smarter, more inclusive Mexico.

    “StarGroup’s adoption of vTBA platform reinforces the growing demand for cost-effective, intelligent connectivity at the edge,” added Allen Salmasi, CEO of Veea. “This collaboration extends far beyond internet access—it empowers communities with real-time AI-driven applications, with the ability to cache content at the edge including for tele-education, tele-medicine, entertainment and precision agriculture, along with the tools that enable the end-users to easily develop applications serving their specific use cases and participate in the digital economy.”

    About StarGroup

    StarGroup is a forward-thinking Mexican telecommunications and entertainment company committed to redefining connectivity for families across the country. Through its STAR brands—including StarTV (pay television), StarGo (internet), StarLine (mobile services), and StarLink (telecommunications), etc.—the company delivers high-quality, reliable services powered by advanced satellite technology, reaching regions beyond the scope of traditional networks.

    With a strong foundation in innovation, customer focus, and social responsibility, StarGroup leverages global partnerships and cutting-edge infrastructure to provide inclusive digital access, foster community development, and promote cultural enrichment. Its integrated approach to entertainment, media, tourism, and connectivity, positions StarGroup as a catalyst for digital transformation in Mexico’s most underserved regions.

    Learn more at www.stargroup.com.mx.

    About Veea

    Veea Inc. (NASDAQ: VEEA) was formed in 2014 and is headquartered in New York City with a rich history of major innovations in the development of advanced networking, wireless and computing technologies. Veea has unified multi-tenant computing, multiaccess multiprotocol communications, edge storage, edge AI with AI-driven cybersecurity in fully integrated all-in-one VeeaHub® products. Similar to cloud-management of smartphones and other user devices, VeeaHub products are cloud- and locally-managed with equivalent capabilities on VeeaCloud™. Applications and services running on VeeaHub devices benefit from cybersecure connections with Zero Trust Network Access (ZTNA), optionally, with a highly simplified, plug and play, 5G-based Secure Access Service Edge (SASE) offering.

    Veea Edge Platform™ enables network slicing with direct connections from anywhere, through the wide area optical fiber, cellular and satellite networks, to network-managed Wi-Fi and IoT devices on the local area networks, which may be on a mesh cluster created by VeeaHub products. This unique capability enables service providers to offer subscription-based services for one or a group of devices, sensors, machines or other endpoints on the local area networks.

    VeeaWare software stack provides for a virtualized software environment to run applications in Secured Docker™ containers on VeeaHub products and third-party APs and servers with orchestration. Veea Developer Portal and development tools provide for rapid development of edge applications with inferencing or federated learning to cost-effectively enable Edge AI for most enterprise use cases. Veea has received numerous recognitions by Gartner Group, Market Reports World’s and IoT Evolution for Edge Computing and Edge AI since 2021. For more information about Veea and its product offerings, visit veea.com and follow us on LinkedIn.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (“Securities Act”) as well as Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created by those sections. Forward-looking statements, which are based on certain assumptions and describe the Company’s future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “will,” “should,” “would,” “could,” “seek,” “intend,” “plan,” “goal,” “project,” “estimate,” “anticipate,” “strategy,” “future,” “likely” or other comparable terms, although not all forward-looking statements contain these identifying words. All statements other than statements of historical facts included in this press release regarding the Company’s strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Important factors that could cause the Company’s actual results and financial condition to differ materially from those indicated in the forward-looking statements. Such forward-looking statements include, but are not limited to, risks and uncertainties including those regarding: the Company’s business strategies, and the risk and uncertainties described in “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” “Cautionary Note on Forward-Looking Statements” and the additional risk described in Veea’s Form 10-K for the year ended December 31, 2024 and any subsequent filings which Veea makes with the U.S. Securities and Exchange Commission. You should not rely upon forward-looking statements as predictions of future events. The forward-looking statements made in the press release relate only to events or information as of the date on which the statements are made in the press release. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events except as required by law. You should read this press release with the understanding that our actual future results may be materially different from what we expect.

    The Equity Group

    Devin Sullivan
    Managing Director
    dsullivan@equityny.com

    Conor Rodriguez
    Associate
    crodriguez@equityny.com

    The MIL Network –

  • MIL-OSI: Beeline taps Crypto Ecosystem to Unlock Real Estate Liquidity for consumers through a Stablecoin Funding

    Source: GlobeNewswire (MIL-OSI)

    Beta closings begin in June; full-scale launch hits late July

    Homeowners unlock equity for cash—no debt, no interest, no monthly payments

    PROVIDENCE, RI, June 04, 2025 (GLOBE NEWSWIRE) — Beeline Holdings, Inc., (Nasdaq: BLNE) the fast-growing digital mortgage platform that shortens the path to homeownership, today announced the upcoming launch of a new home equity access product that allows homeowners to convert a portion of their home equity into immediate cash—without incurring debt or monthly payments.

    Beeline has partnered with a company (“RealCo”), which is co-owned by Beeline’s principal shareholder and CEO. RealCo will issue stablecoins to access capital to purchase equity from homeowners seeking liquidity. RealCo is engaging with Beeline, which will source consumers and provide services. Beeline Title will provide title and escrow services.  

    This innovative product will be funded through a stablecoin-backed model, offering homeowners a fast and flexible alternative to traditional refinancing or HELOCs. The hard launch is scheduled for late July, with beta transactions beginning in June. The coins will be backed by ownership through a fractional deed on the property. RealCo will acquire a minority ownership in homes (up to 49%) as a nominee for the funders who will receive the stablecoins. Homeowners selling equity can opt to receive RealCo-issued stablecoins or US dollars.

    Unlike conventional lending products, this is not a loan transaction, tied to interest rates, or a buy-back obligation, allowing Beeline to generate consistent revenue in any rate environment. The company expects this to drive faster percentage-based revenue growth than traditional mortgage lenders, and with the fees, it expects to be well-positioned to reach operational profitability beginning in Q4 2025. Early market feedback indicates strong demand from equity-rich homeowners seeking liquidity without selling their property or incurring additional monthly obligations. RealCo will initially launch in approximately ten thousand US zip codes and will only enter into equity purchases on homes with a value of $ 1 million or more.

    “Provided there’s equity in the home, RealCo will mint coins at closing, which may then be converted into U.S. dollars,” said Nick Liuzza, CEO of Beeline Holdings. “This model enables us to provide homeowners with liquidity quickly, with an unprecedented model. The stablecoin mechanism becomes the catalyst for funding, and the stablecoin is secured by property recorded in 1:1 in the blockchain and in the public record.”   

    As the crypto ecosystem continues to gain mainstream adoption, with Bitcoin reaching new levels of institutional recognition, Beeline’s use of blockchain-native funding infrastructure represents a first-of-its-kind application in real estate finance. While Bitcoin itself is not used directly in these transactions, the overall architecture reflects the increasing integration of traditional asset classes with blockchain-backed liquidity models.

    Participating homeowners will receive cash at closing and won’t be required to repay the funds until the property is sold. Upon sale, RealCo, as nominee for the token holders, will receive its pro rata percentage of the net proceeds. All ownership privileges remain intact, provided property taxes are kept current.

    “As we enter discussions with new investors, it’s critical to provide transparency about this expansion,” added Liuzza. “This product represents a major opportunity.”

    Beeline’s existing product suite includes both conventional mortgage offerings and a range of non-QM loan programs, many of which are optimized for 1099 earners, self-employed borrowers, and younger homeowners. The company emphasized that this new product is an addition, not a pivot, from its core model.

    “We’re not shifting focus,” said Jess Kennedy, COO of Beeline. “We’re simply adding more firepower to our arsenal that meets the evolving needs of today’s homeowners.”

    The product is expected to benefit individuals who don’t qualify for traditional cash-out refinancing or HELOCs but have meaningful equity. Beeline anticipates additional use cases to emerge as the product rolls out to a wider audience in the months ahead.

    About Beeline https://makeabeeline.com/

    Beeline Financial Holdings, Inc. is a trailblazing mortgage fintech transforming the way people access property financing. Through its fully digital, AI-powered platform, Beeline delivers a faster, smarter path to home loans—whether for primary residences or investment properties. Headquartered in Providence, Rhode Island, Beeline is reshaping mortgage origination with speed, simplicity, and transparency at its core. The company is a wholly owned subsidiary of Beeline Holdings and also operates Beeline Labs, its innovation arm focused on next-generation lending solutions.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the company’s prospective new home equity access product, the timing, features, and demand for such product, and the benefits thereof including revenue growth and the potential to achieve profitability in Q4 2025. Forward-looking statements are prefaced by words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “should,” “would,” “intend,” “seem,” “potential,” “appear,” “continue,” “future,” believe,” “estimate,” “forecast,” “project,” and similar words. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. We caution you, therefore, against relying on any of these forward-looking statements. Our actual results may differ materially from those contemplated by the forward-looking statements for a variety of reasons, including, without limitation, the ultimate interest of homeowners in unlocking liquidity and Beeline’s ability to attract homeowners, its reliance on RealCo to raise capital to fund the real estate transactions, and the Risk Factors contained in our Form 10-K filed April 15, 2025. Any forward-looking statement made by us in this presentation speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

    Contact
    ir@makeabeeline.com

    The MIL Network –

  • MIL-OSI: Hallador Energy Company Appoints Todd Telesz as Chief Financial Officer

    Source: GlobeNewswire (MIL-OSI)

    TERRE HAUTE, Ind., June 04, 2025 (GLOBE NEWSWIRE) — Hallador Energy Company (Nasdaq: HNRG) (“Hallador” or the “Company”) today announced the appointment of Todd Telesz as Chief Financial Officer, effective June 23, 2025. Mr. Telesz will succeed Marjorie Hargrave, who has been with Hallador since April 2024 and is leaving the Company to pursue other opportunities. Ms. Hargrave was instrumental in reducing operating and overhead expenses, improving turn-around times for internal and external financial reporting and driving other efficiencies within the Company and will remain with the Company for a short period to ensure a seamless transition.

    Mr. Telesz is an accomplished financial executive with extensive experience in the power sector. Since 2024, Mr. Telesz has served as Chief Financial Officer of Tri-State Generation and Transmission Association, Inc., a non-profit generation and transmission cooperative owned by 40 cooperative systems across four states. Between 2021 and 2023, he served as Chief Executive Officer of Basin Electric, one of the nation’s largest cooperative associations, owned by 141 cooperative systems across nine states. Prior to Mr. Telesz’s role at Basin Electric, he served as Senior Vice President at CoBank, ACB, a provider of loans and financial services to cooperatives, agribusinesses, rural utilities and farm credit associations in its Power, Energy and Utilities division between 2007 and 2021.

    “I would like to thank Marjie for her time with Hallador and for the meaningful contributions she made to the Company during the initial phases of our transition from a coal producer to an independent power producer (“IPP”),” said Brent Bilsland, President and Chief Executive Officer of Hallador. “I’m pleased to welcome Todd to the team and believe his experience in high-profile leadership roles as well as his extensive relationships within the power sector will help advance our efforts to acquire additional generation, specifically as energy cooperatives continue to retire or exit portfolios of fossil-based generation. We are excited for the expertise that Todd will bring to Hallador as we further penetrate the power market and seek to advance our acquisition strategy.”

    Forward-Looking Statements

    This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act“), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act“). Statements that are not strictly historical statements constitute forward-looking statements and may often, but not always, be identified by the use of such words such as “expects,” “believes,” “intends,” “anticipates,” “plans,” “estimates,” “guidance,” “target,” “potential,” “possible,” or “probable” or statements that certain actions, events or results “may,” “will,” “should,” or “could” be taken, occur or be achieved. Forward-looking statements include, without limitation, those relating to our ability to execute definitive agreements with respect to the non-binding term sheet with a leading global data center developer, to execute a strategic transaction that delivers long-term value for our shareholders or to strengthen opportunities for growth and cash flow generation. Forward-looking statements are based on current expectations and assumptions and analyses made by Hallador and its management in light of experience and perception of historical trends, current conditions and expected future developments, as well as other factors appropriate under the circumstances that involve various risks and uncertainties that could cause actual results to differ materially from those reflected in the statements. These risks include, but are not limited to, those set forth in Hallador’s annual report on Form 10-K for the year ended December 31, 2024, and other Securities and Exchange Commission filings. Hallador undertakes no obligation to revise or update publicly any forward-looking statements except as required by law.

    About Hallador Energy Company

    Hallador Energy Company (Nasdaq: HNRG) is a vertically-integrated Independent Power Producer (IPP) based in Terre Haute, Indiana. The Company has two core businesses: Hallador Power Company, LLC, which produces electricity and capacity at its one-Gigawatt (GW) Merom Generating Station, and Sunrise Coal, LLC, which produces and supplies fuel to the Merom Generating Station and other companies. To learn more about Hallador, visit the Company’s website at http://www.halladorenergy.com/.

    Company Contact

    Ryan McManis
    Chief Legal Officer
    RMcManis@halladorenergy.com

    Investor Relations Contact

    Sean Mansouri, CFA
    Elevate IR
    (720) 330-2829
    HNRG@elevate-ir.com

    The MIL Network –

  • MIL-OSI: Green Impact Exchange (GIX) Appoints Paul Bauccio as Chief Operating Officer

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) — Paul Bauccio has joined the Green Impact Exchange (GIX) as Chief Operating Officer, the company announced today. In this role, Bauccio will help bring GIX’s vision to life, overseeing the development of the trading platform and leading critical operational functions, including compliance, market operations, and member support. As a member of the GIX Leadership Team, he will also help shape the company’s culture by fostering a collaborative, results-oriented environment.

    “We’re thrilled to welcome Paul to the leadership team,” said Dan Labovitz, CEO of GIX. “As we build a marketplace that rewards sustainability performance and long-term value creation, Paul’s experience and leadership will be essential to delivering on our mission.”

    Bauccio brings more than 25 years of experience in technology, operations, and regulatory leadership within the exchange industry. Most recently, he served as Chief Risk Officer at IEX Group, where he oversaw information security, enterprise risk, and vendor management. Earlier in his career, Bauccio served as Senior Vice President of Market Operations for the New York Stock Exchange’s cash equities business, where he led key technology and market structure initiatives and managed the daily operations of the historic New York Stock Exchange trading floor.

    During his tenure at IEX, Bauccio held increasingly senior leadership roles, including Head of Market Operations, Head of Listings and Issuer Services, and Advisor to IEX Digital Assets. His track record of building operational excellence and leading high-performance teams positions him well to guide GIX through its next phase of growth.

    “I’m honored to be joining GIX at such a pivotal moment,” said Bauccio. “This is an exciting opportunity to help build a regulated exchange platform that serves the evolving needs of both issuers and investors in the sustainability economy.”

    About The Green Impact Exchange:

    The Green Impact Exchange (GIX) will be the first national securities exchange in the US dedicated to the emerging $35+ trillion sustainability economy. GIX will be a dual listing and trading venue for US registered securities and will seek to improve capital formation and the quality of disclosures around sustainability. GIX was founded by a team of financial services professionals with decades of deep experience in global exchanges, market & trade operations, corporate governance, and sustainability.

    To learn more, please visit our website at https://www.tradegix.com/ or reach out to us at info@tradegix.com. 

    Tomorrow’s Blue Chips will be green!

    Contact
    Deborah Kostroun
    Zito Partners
    +1 201-403-8185
    deborah@zitopartners.com

    The MIL Network –

  • MIL-OSI: Wedbush Fund Advisers Launches IVES AI Revolution ETF Built on Dan Ives’ Proprietary Research

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 04, 2025 (GLOBE NEWSWIRE) — Wedbush Fund Advisers has launched the Dan IVES Wedbush AI Revolution ETF (Ticker: IVES). The ETF will provide investors with transparent, cost-effective access to 30 names at the heart of the AI Revolution.

    Built around the proprietary research framework of Dan Ives, Wedbush Securities Managing Director and Global Head of Technology Research, the ETF targets companies driving AI’s infrastructure and deployment across semiconductors, hyperscalers, cybersecurity, consumer platforms, robotics, and cloud infrastructure. These companies form the backbone of a multi trillion-dollar investment cycle transforming global industries and accelerating enterprise and consumer adoption.

    Key Features of IVES ETF:

    • Research-Driven Selection: Constituents are drawn directly from Dan Ives’ proprietary research behind “The AI Revolution Theme,” a multi-year analysis identifying 30 public companies at the core of the AI spending cycle;
    • Cross-Sector Exposure: Covers the full spectrum of industries powering the AI economy — from infrastructure to implementation;
    • Balanced Construction: Strategically weighted to reduce concentration risk while maintaining high-conviction thematic exposure;
    • Future-Focused Positioning: Targets companies with both established momentum and long-term potential to lead in enterprise and consumer AI adoption.

    “We’re incredibly excited to bring Dan Ives’ research on the AI Revolution to life through this ETF,” said Cullen Rogers, Chief Investment Officer of Wedbush Fund Advisers. “It’s a response to what investors have been asking for—direct, meaningful exposure to the companies powering the next major economic transformation: artificial intelligence.”

    Wedbush entered the rapidly growing ETF market earlier this year through its new Investment Management division, marking the firm’s commitment to cutting-edge investment solutions and highly curated product development for our Global Family Office, Wealth Management and RIA clients.

    “AI is the most transformational force in the global economy in our lifetime,” said Gary Wedbush, President and Chief Executive Officer of Wedbush Securities. “Dan’s track record speaks for itself. He’s been identifying the drivers of tech disruption for years, and the IVES ETF gives investors a chance to follow that insight in a disciplined, transparent way. We are proud to offer investors exposure to the AI Revolution through the IVES ETF.”

    About Wedbush Fund Advisers, LLC

    Wedbush Fund Advisers launched in 2024 to build on Wedbush’s 70-year legacy of market insight, innovation, and client trust. Our mission is to design forward-thinking investment strategies that reflect the evolving nature of markets and investor priorities. Backed by a seasoned team with decades of asset management experience, we’re committed to building a trusted platform that expands Wedbush’s tradition of excellence into the next era of investment innovation.

    Media Inquiries
    Deborah Kostroun
    Phone: +1 201 403-8185
    Email: deborah@zitopartners.com

    Important Information

    Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.

    Carefully consider the Fund’s investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds’ prospectuses or, if available, the summary prospectuses which may be obtained by visiting www.wedbushfunds.com. Read the prospectus carefully before investing.

    AI Technology Risk. AI technology is generally highly reliant on the collection and analysis of large amounts of data, and it is not possible or practicable to incorporate all relevant data into the model that such AI utilizes to operate. Certain data in such models will inevitably contain a degree of inaccuracy and error – potentially materially so – and could otherwise be inadequate or flawed, which would be likely to degrade the effectiveness of the AI technology. Companies involved in, or exposed to, artificial intelligence-related businesses may have limited product lines, markets, financial resources or personnel. These companies face intense competition and potentially rapid product obsolescence, and many depend significantly on retaining and growing the consumer base of their respective products and services. Many of these companies are also reliant on the end-user demand of products and services in various industries that may in part utilize artificial intelligence. Further, many companies involved in, or exposed to, artificial intelligence-related businesses may be substantially exposed to the market and business risks of other industries or sectors, and the Fund may be adversely affected by negative developments impacting those companies, industries or sectors.

    Calculation Methodology Risk. The Index relies directly or indirectly on various sources of information to assess the criteria of issuers included in the Index, including information that may be based on assumptions and estimates. Neither the Fund nor the Adviser can offer assurances that the Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers or a correct valuation of securities, nor can they guarantee the availability or timeliness of the production of the Index.

    Concentration Risk. The Fund’s investments will be concentrated in an industry or group of industries to the extent that the Index is so concentrated. In such event, the value of the Shares may rise and fall more than the value of shares of a fund that invests in securities of companies in a broader range of industries.

    Investing involves risk, including possible loss of principal. Narrowly focused thematic investments will be more susceptible to factors affecting that sector and subject to more volatility.

    The Wedbush Funds are distributed by Foreside Fund Services, LLC. Wedbush Fund Advisers, LLC and Foreside Fund Services, LLC, are not affiliated.

    Investment products are not insured by the FDIC or any federal government agency, may lose value, and are not a deposit of or guaranteed by any bank or any bank affiliate.

    The MIL Network –

  • MIL-OSI: DelNorte Launches DTVc Token, Advancing Blockchain and AI-Driven Government Data Management with Decentralized Property Systems

    Source: GlobeNewswire (MIL-OSI)

    DelNorte, a groundbreaking platform at the intersection of artificial intelligence and blockchain, has taken a major leap forward in transforming government data management. At the core of this innovation is DelNorte’s decentralized Municipal Property Management Standard, combined with a patent-pending CRM tailored to the public sector, setting a new standard in how governments manage, share, and monetize public data..

    PANAMA CITY, Panama, June 04, 2025 (GLOBE NEWSWIRE) — DelNorte has officially launched its native token, marking a significant milestone in its mission to transform government data management using AI and blockchain. The token is now available on MEXC, a top leading exchange in web3 world, allowing investors and users to participate in the ecosystem that powers DelNorte’s groundbreaking solutions. By integrating AI with blockchain, DelNorte ensures a level of transparency, efficiency, and accountability never before seen in the public sector. Their cutting-edge solutions offer a robust, immutable infrastructure for government data management, providing citizens with better access to public information and streamlining processes for government officials.

    DelNorte’s flagship product revolutionizes municipal property systems by tokenizing property deeds as ERC-721 NFTs, integrating real-world legal metadata and IPFS storage to ensure data integrity. This approach not only provides secure, decentralized property registries but also guarantees transparency and security in property transactions, with each update tracked and stored on-chain. Already trusted by governments across El Salvador, Brazil, Mexico, and Honduras, DelNorte has proven its value by delivering real-world solutions that are in use today. Unlike competitors still vying for government contracts, DelNorte has direct access to government clients, establishing a unique position within the blockchain and AI space.

    DelNorte’s ecosystem is built on cutting-edge technologies like AI-driven analytics, blockchain integration, and decentralized storage, enabling governments to modernize their operations while safeguarding public data. Their patent-pending CRM, designed specifically for the public sector, allows for seamless workflows and data sharing, setting DelNorte apart as a key player in the evolving landscape of government technology.

    Holding the DTVc token provides users and developers with a wide array of benefits, enabling deeper engagement within the DelNorte ecosystem. Token holders enjoy discounts on transaction fees for accessing government documents, participating in governance votes, and interacting with other applications within the platform. Additionally, DTVc token holders can stake their tokens either individually or in pools, earning automatic staking rewards that incentivize long-term participation. Special events with randomized rewards further encourage active engagement, fostering a dynamic and engaged community.

    Beyond financial incentives, DTVc holders gain crucial governance participation rights, allowing them to vote on proposals that shape the future of the DelNorte ecosystem. This includes influencing platform features, rules, and community-driven initiatives. DTVc tokens also offer access to exclusive services, such as priority access to government documents and premium offerings for both public and private sector interactions. Furthermore, token holders can use DTVc as collateral for loans, participate in crowdfunding campaigns, and invest in projects within the platform, providing a comprehensive suite of financial services and investment opportunities.

    As governments continue to embrace blockchain for data security and transparency, DelNorte is poised to lead the way in revolutionizing public sector operations. With an emphasis on decentralization, data ownership, and trust, DelNorte is reshaping the future of government data management. DelNorte’s mission goes beyond profitability; the company is committed to fostering financial inclusion, empowering public institutions, and developing tools that address global governance challenges. With a focus on transparency, innovation, and sustainability, DelNorte aims to create a long-lasting, positive impact across both emerging and developed markets, ensuring that its solutions benefit communities worldwide and drive meaningful change in government data management and public sector operations.

    About DelNorte
    DelNorte is an AI and blockchain-driven platform revolutionizing government data management, focusing on transparency, efficiency, and decentralized systems. Their innovative solutions, including the Municipal Property Management Standard and patent-pending CRM, are already empowering governments and citizens alike with secure, transparent, and accessible public data.

    Website
    www.delnorte.io

    X
    www.x.com/delnorte_io

    Core Team Members
    Anton Glotser – Founder, CEO
    linkedin.com/in/aglotser

    Deni Dudaev – Partner, CMO
    linkedin.com/in/0xdeni

    Ken Silverman – CTO
    crunchbase.com/person/ken-silverman

    Contact:
    Deni Dudaev
    deni@delnorte.io

    Disclaimer: This is a paid post and is provided by DelNorte. 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/63efef88-6965-439c-95d2-493e520ef264

    The MIL Network –

  • MIL-OSI: Polymath Research Inc. to Present at the Blockchain and Digital Assets Virtual Investor Conference June 5th

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 04, 2025 (GLOBE NEWSWIRE) — Polymath Research Inc., based in Toronto is a fintech company pioneering the infrastructure for compliant tokenization of real-world assets on the blockchain. Today it was announced that Vince Kadar, CEO, will present live at the Blockchain and Digital Assets Virtual Investor Conference hosted by VirtualInvestorConferences.com, on June 5th, 2025

    DATE: June 5th
    TIME: 10am EST
    LINK: REGISTER HERE
    Available for 1×1 meetings: June 5, 6, 9, 10

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.  

    Learn more about the event at www.virtualinvestorconferences.com.

    Recent Company Highlights

    • Amalgamation Agreement relating to Reverse Takeover (RTO)

    On May 13th, AnalytixInsight Inc. (TSXV: ALY) (OTC Pink: ATIXF) announced an amended and restated amalgamation agreement (original amalgamation agreement was dated March 3rd, 2025) relating to the upcoming Reverse Takeover (RTO) transaction. This transaction involves a three-cornered amalgamation where Polymath and a wholly-owned subsidiary of AnalytixInsight will merge to form a new entity, resulting in Polymath becoming a wholly-owned subsidiary of AnalytixInsight. Following the RTO, AnalytixInsight plans to change its name to “Polymath Network Inc.” and consolidate its shares on a 25:1 basis. The exchange ratio for Polymath shareholders has been adjusted from 4.292 to 6.25427 AnalytixInsight shares per Polymath share, reflecting Polymath’s increased valuation after acquiring assets from Polymesh Association, including the Polymesh blockchain and POLYX tokens. The transaction’s completion is contingent upon shareholder and regulatory approvals, as well as the successful closing of a concurrent financing round aiming to raise at least $18.75 million through the issuance of subscription receipts. The annual general and special meeting of AnalytixInsight shareholders to approve the transaction has been rescheduled to August 25, 2025.

    • Acquisition of Polymesh Assets by Polymath

    On May 13, 2025, pursuant to the Asset Purchase Agreement, Polymath, indirectly through Polymesh Labs, agreed to acquire certain assets and assumed certain liabilities of Polymesh Switzerland, including POLYX tokens held by Polymesh Switzerland (the “Polymesh Labs Acquisition“). Polymesh Switzerland is a not for profit association formed under the laws of Switzerland and is an Arm’s Length Party (as such term is defined in the policies of the TSXV). The Polymesh Labs Acquisition is subject to certain conditions, and is expected to close prior to the Transaction.

    The Polymesh Labs Acquisition will enable Polymesh Labs’ principal business to include the oversight of the Polymesh blockchain, including POLYX tokens associated with the Polymesh blockchain, and the development of TokenStudio, the Polymesh wallet, other software application, and further investment in developing the Polymesh ecosystem. The Polymesh blockchain is a Layer-1 public-permissioned blockchain using Polkadot’s modular tool substrate framework that is designed for tokenizing real-world assets. It builds on the ERC1400 standard and layers in additional capabilities around governance, identity, compliance and confidentiality. POLYX tokens are the native tokens of the Polymesh blockchain and are used as a utility tokens to provide holders access to the Polymesh blockchain. POLYX tokens are only created when block rewards are minted to reward those that participate in the proof-of-stake consensus mechanisms that validates transactions and produces new blocks on the blockchain. These participants are referred to as “validators” and “nominators”, collectively referred to as “stakers”.

    About Polymath Research Inc.

    Polymath’s principal business is the creation of its flagship white label SaaS technology solution, referred to as Polymath’s Capital Platform, which includes the Polymath dApps and enables customers to create platforms to tokenize real-world assets. Polymath’s Capital Platform technology solution is available for license by third parties. Under this licensing arrangement, Polymath may provide technology services to its customers for the setup, maintenance, and support of their use of Polymath’s Capital Platform technology solution. In each case, Polymath works with, or will work with, the customer to tailor the technology to the particular requirements of the customer and the assets to be tokenized. Polymath as a technology services provider is not registered with any Canadian or foreign securities regulatory authority and its services do not include acting as a broker or the promotion or marketing of securities.

    Polymath also generates revenue by staking proprietary POLYX token that is held in its treasury. Staking is not a service offered to third parties, but it is a revenue stream that monetizes treasury assets. Crypto staking is an important aspect of the nominated proof-of-stake consensus mechanism, which defines which blocks get written to the blockchain, as well as the blockchain network’s roles, rules, and incentives. Polymath stakes 100% of the POLYX tokens held in its treasury, with 50% of the staking rebonded on the Polymesh blockchain and the other 50% converted to fiat and bitcoin reserves.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:
    Polymath Research Inc.
    Vince Kadar
    CEO
    Vince@polymath.network 
    +1-613-276-0695

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com 

    The MIL Network –

  • MIL-OSI: Stacks to be Showcased at Blockchain and Digital Assets Virtual Investor Conference on June 5th

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) — Stacks (STX), the leading Bitcoin Layer-2 (L2), which is dedicated to unlocking and scaling Bitcoin’s full potential, will be represented at the upcoming Blockchain and Digital Assets Virtual Investor Conference hosted by VirtualInvestorConferences.com on June 5th, 2025. Kyle Ellicott, Executive Director at the Stacks Asia Foundation, is scheduled to present live at the event. Stacks enables both retail and institutional users and investors to seamlessly participate in the Bitcoin economy.

    Event Details

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.

    Date: June 5, 2025
    Time: 11:00 AM ET
    Link: REGISTER HERE

    Kyle Ellicott will be available for 1×1 meetings with investors on June 5th & 10th. Learn more about the event at www.virtualinvestorconferences.com.

    Recent Stacks Highlights

    • sBTC, the programmable Bitcoin asset built on Stacks, has seen three successful cap raises, each filling rapidly. The latest 5,000 BTC subscription cap was filled within hours after opening. An sBTC incentive program also allows investors to earn yield on their Bitcoin, which has drawn significant and increasing interest from investors and institutions.
    • Stacks is now recognized as the top Bitcoin Layer 2 according to bitcoinlayers.org, leading the sector in programmability and DeFi adoption.
    • Stacks’ TVL has surged recently, surpassing $113 million, with TVL tripling since the launch of key DeFi protocols, reflecting accelerated ecosystem growth and user engagement.
    • A new Stacks roadmap was released in May 2025, outlining upcoming technical upgrades, strategic developments, and a focused push toward $1B+ TVL.
    • Major new partnerships and integrations have been established with industry leaders such as BitGo, Asymmetric, Hex Trust, Bitfinex, and others.

    About Stacks
    Stacks is the leading Bitcoin Layer 2 (L2) and the top L2 by developer traction, user activity, and market capitalization. Stacks is unlocking over $1 trillion in passive Bitcoin capital and making BTC a fully programmable, productive asset. Stacks enables smart contracts and decentralized applications to leverage Bitcoin as a secure, programmable foundation. With the Nakamoto upgrade activated in October 2024, Stacks achieved near-instant transactions, while retaining the security and irreversibility of Bitcoin L1. The launch of sBTC in December 2024 opened the door for developers and users to use native BTC in smart contracts, DeFi, and other Bitcoin-secured applications, including paying gas fees with BTC. The Stacks (STX) token was the first to undergo an SEC-qualified sale in the United States, and the project fully decentralized before the mainnet launch in 2021.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors. Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com 

    The MIL Network –

  • MIL-OSI: Innovations in Imaging, such as AI-Enhanced Retinal & Fundus Camera Systems are Booming Along with Revenue Opportunities

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., June 04, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The Retinal and Fundis Camera market has shown growth in the recent years and is expected to continue for years to come. Fundus cameras are sophisticated instruments utilized in ophthalmology for capturing detailed images of the retina. They employ a specialized optical design akin to an indirect ophthalmoscope, with the angle of view being a key parameter defining their functionality… Fundus photography enables physicians to meticulously examine retinal changes over time, facilitating collaboration among colleagues and enhancing patient care. A recent report from Precedence Research said: “The fundus cameras market experiences growth driven by the evolving landscape of imaging technologies, particularly in diagnosing age-related macular degeneration (AMD). Traditionally, fundus photography with film-based cameras, preferably through pharmacologically dilated pupils, has been pivotal in documenting AMD severity. The emergence of high-resolution digital cameras presents new opportunities in the market. Comparisons among different imaging systems, including nonstereoscopic color retinal images taken with digital cameras through dark-adapted and dilated pupils, as well as stereoscopic images captured with standard film cameras, highlight the expanding applications of fundus cameras. Such comparisons underscore the need for versatile imaging solutions to accommodate diverse clinical scenarios, thus fueling the growth in the fundus cameras market.” Active healthcare/tech companies active in the markets include: Avant Technologies Inc. (OTCQB: AVAI), Outlook Therapeutics, Inc. (NASDAQ: OTLK), Eyenovia, Inc. (NASDAQ: EYEN), Bausch + Lomb Corporation (NYSE: BLCO), Biomea Fusion, Inc. (NASDAQ: BMEA).

    Precedence Research continued: “The integration of artificial intelligence (AI) into fundus cameras presents a significant opportunity for market growth. AI algorithms demonstrate high accuracy in detecting diseases like diabetic retinopathy (DR), offering improved diagnostic capabilities. Furthermore, machine learning algorithms utilizing preoperative fundus photography alongside other data parameters have shown promise in identifying at-risk eyes for postoperative complications after refractive surgery. Deep learning algorithms applied to fundus photographs have been successful in predicting cerebral white matter hyperintensity in magnetic resonance imaging (MRI) scans and detecting DR with remarkable precision. Studies exploring AI’s role in correlating fundus photos, optical coherence tomography (OCT), and external eye photography with systemic diseases exhibit promising results. Particularly, AI-driven screening for DR holds significant potential. These advancements highlight the prospective role of AI-integrated fundus imaging in screening, diagnosing, and managing various retinal diseases, thus creating substantial opportunities for growth in the fundus cameras market.” The report added: “The global fundus cameras market size accounted for USD $676.46 Million in 2025 and is forecasted to hit around USD $943.12 Million by 2034, representing a CAGR of 3.80% from 2025 to 2034.”

    Avant Technologies, Inc. (OTCQB: AVAI) and Partner, Ainnova, Finalizing Automated Retinal Camera Prototype Ahead of Full-Scale Development – Avant Technologies, Inc. (“Avant” or the “Company”) and its JV partner, Ainnova Tech, Inc., (Ainnova), a leading healthcare technology company focused on revolutionizing early disease detection using artificial intelligence (AI), today announced the Company is in the final stages of prototyping its proprietary automated retinal camera. Ainnova’s new device will offer users a low cost, easier to use camera that captures images automatically and then uploads those images to the Company’s Vision AI software platform, which then produces a “risk report” in mere seconds.

    Vinicio Vargas, Chief Executive Officer at Ainnova and member of the Board of Directors of the joint venture company, Ai-nova Acquisition Corp., said, “The cost of a fundus camera has always been a barrier to entry into in this market, so our low-cost camera, which is a fraction of the cost of currently available cameras on the market, should allow us to not only enter the market, but to capture a large share of the market.

    “Another significant advantage will be that our camera will be seamlessly packaged together with our Vision AI platform, allowing us to refer more patients in less time and accurately to medical specialists. Also, one of our objectives is to integrate other technologies to this preventive screening, expanding the scope from only diabetic patients to patients who have other risk factors and want to prevent other diseases from a more complete approach.”

    Vision AI is a powerful cutting-edge, AI-driven platform that can quickly and accurately detect the early markers of a host of diseases by applying AI models to examine imaging data from the eye to expedite earlier detection and allow patients to better manage their disease. The diseases that Vision AI can detect, include diabetic retinopathy, other retinopathies, such as glaucoma, macular edema, age-related macular degeneration, and other anomalies, as well as other diseases that do not require retinal images, and instead, use other datapoints that Ainnova has integrated into the software like the detection of cardiovascular disease (CVD), type 2 diabetes, liver fibrosis, and chronic kidney disease (CKD).

    Currently, Ainnova’s Vision AI software works well with any fundus camera on the market; however, Ainnova and Avant are aiming for exclusivity by developing a lower-cost, easier to use camera.

    Ai-nova Acquisition Corp. (AAC), the company formed by the partnership between Avant and Ainnova, will develop the retinal cameras as part of the joint venture and licensing deal to facilitate the development of Ainnova’s technology portfolio. AAC owns the global licensing rights to develop, maintain, and market Ainnova’s technology portfolio. CONTINUED… Read this and more news for Avant Technologies at:   https://www.financialnewsmedia.com/news-avai/

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

    Outlook Therapeutics, Inc. (NASDAQ: OTLK), a biopharmaceutical company focused on enhancing the standard of care for bevacizumab for the treatment of retina diseases, recently announced that LYTENAVA™ (bevacizumab gamma) is now commercially available in Germany and the UK for the treatment of wet age-related macular degeneration (wet AMD). LYTENAVA™ (bevacizumab gamma) is the first and only authorized ophthalmic formulation of bevacizumab for use in treating wet AMD in adults in the European Union and UK.

    “We are excited to have launched LYTENAVA™ (bevacizumab gamma) for patients with wet AMD in Germany and the UK. I would like to extend sincere gratitude to the Outlook team and our partners for their commitment and dedication that helped to get us to this major milestone. Going forward, we remain laser focused on ensuring success in Germany and the UK as well as preparing for additional launches across the region later this year and throughout 2026,” commented Jedd Comiskey, Senior Vice President, Head of Europe at Outlook Therapeutics.

    Eyenovia, Inc. (NASDAQ: EYEN), an ophthalmic technology company developing the proprietary Optejet® topical ophthalmic medication dispensing platform, recently provided updates on its potential merger with Betaliq and the ongoing development of its novel Optejet user filled device (UFD), and reported financial results for the first quarter ended March 31, 2025.

    Negotiations continue towards a binding merger agreement with Betaliq, a clinical-stage private pharmaceutical company focused on glaucoma with access to Eyesol®, a non-aqueous technology that may address many of the needs of these patients. We have agreed to extend the binding exclusivity period set forth in the Letter of Intent until June 7, 2025, to allow more time to complete and execute the anticipated merger agreement.

    Progress in the development of the Optejet user-filled device (UFD) continues and remains on track to file for U.S. regulatory approval in September of this year. An approval would provide for potential multiple commercial opportunities either directly with consumers or through eye care practitioner offices as well as potential and existing license partners, including Arctic Vision in China and Korea.

    Bausch + Lomb Corporation (NYSE: BLCO), a leading global eye health company dedicated to helping people see better to live better, recently announced the U.S. launch of LUMIFY Preservative Free redness reliever eye drops, the first and only preservative-free over-the-counter eye drops with low-dose brimonidine tartrate 0.025% that relieve redness of the eye due to minor eye irritations.

    “Consumers often say how amazed they are at the difference our original LUMIFY makes to their eyes, with over 50,000 five-star reviews as proof,” said John Ferris, president, Consumer, Bausch + Lomb. “LUMIFY Preservative Free brings that same fast-acting formula to those with sensitive eyes — delivering a visibly brighter, whiter look in just 60 seconds.”

    Biomea Fusion, Inc. (NASDAQ: BMEA), recently announced that preliminary clinical data from the Phase I COVALENT-103 trial of BMF-500 in adults with acute leukemia (AL) were selected for a poster presentation at the European Hematology Association (EHA) 2025 Congress, taking place June 12–15 in Milan, Italy.

    The presentation will highlight emerging safety, pharmacokinetics/pharmacodynamics (PK/PD), and clinical activity of BMF-500, a covalent FLT3 inhibitor, in patients with relapsed or refractory (R/R) AL, including those with FLT3 mutations (FLT3m) who have previously received FLT3 inhibitors such as gilteritinib (gilt).

    About FN Media Group:

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

    Follow us on Facebook to receive the latest news updates: https://www.facebook.com/financialnewsmedia

    Follow us on Twitter for real time Market News: https://twitter.com/FNMgroup

    Follow us on Linkedin: https://www.linkedin.com/in/financialnewsmedia/

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

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

    Contact Information:

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

    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI: reAlpha Appoints Mike Logozzo as CEO to Accelerate Growth

    Source: GlobeNewswire (MIL-OSI)

    DUBLIN, Ohio, June 04, 2025 (GLOBE NEWSWIRE) — reAlpha Tech Corp. (Nasdaq: AIRE) (“reAlpha” or the “Company”), an AI-powered real estate technology company, today announced a strategic leadership transition to support its next phase of growth. Effective June 3, 2025, Mike Logozzo, President and Chief Operating Officer, has been appointed Chief Executive Officer, and Giri Devanur, reAlpha’s founder, Chairman of the Board and former Chief Executive Officer, has assumed the role of Executive Chairman of the Board. As part of this transition, Mr. Logozzo will serve as Interim Chief Operating Officer until a successor is identified.

    Since joining reAlpha, Mr. Logozzo has played a pivotal role in the company’s momentum, serving as Chief Financial Officer and later as President and Chief Operating Officer. Under his guidance, reAlpha has expanded its national presence, launched the proprietary AI platform Claire, and enhanced its real estate, mortgage, and title capabilities. His proven success across operations, financial services, and innovation has been critical to reAlpha’s ongoing advancement.

    “With the foundation firmly in place, now is the right time to evolve our leadership,” said Mr. Devanur. “We’ve built a strong platform, assembled a world-class team, and defined a clear vision. Mike has consistently demonstrated the operational expertise and strategic insight needed to execute at scale,” added Mr. Devanur. “I have great confidence in his ability to lead reAlpha into its next chapter.”

    “I am honored to lead reAlpha into its next phase of growth,” said Mr. Logozzo. “We are uniquely positioned to transform the homebuying journey through technology, data, and integrated services. In partnership with our executive team and Board, I am fully committed to our customers and shareholders. Together, we will expand our national footprint, scale our end-to-end platform, and deliver long-term results across all facets of the business.”

    This transition marks a strategic inflection point, reinforcing reAlpha’s focus on operational excellence and setting the stage for accelerated growth and innovation.

    About reAlpha Tech Corp.
    reAlpha Tech Corp. (Nasdaq: AIRE) is an AI-powered real estate technology company transforming the multi-trillion-dollar U.S. real estate services market. reAlpha is developing an end-to-end platform that streamlines the homebuying journey, including real estate brokerage, mortgage and title services. With a strategic, acquisition-driven growth model and a proprietary AI infrastructure, reAlpha is building a vertically integrated ecosystem designed to deliver a streamlined and more affordable path to homeownership. For more information, visit www.realpha.com.

    Forward-Looking Statements

    The information in this press release includes “forward-looking statements.” Any statements other than statements of historical fact contained herein, including statements about the appointment of Mr. Logozzo as Chief Executive Officer and Mr. Devanur as Executive Chairman of the Board and the anticipated benefits thereof, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “could”, “might”, “plan”, “possible”, “project”, “strive”, “budget”, “forecast”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: reAlpha’s ability to pay contractual obligations; reAlpha’s liquidity, operating performance, cash flow and ability to secure adequate financing; reAlpha’s limited operating history and that reAlpha has not yet fully developed its AI-based technologies; whether reAlpha’s technology and products will be accepted and adopted by its customers and intended users; reAlpha’s ability to commercialize its developing AI-based technologies; reAlpha’s ability to successfully enter new geographic markets; reAlpha’s ability to integrate the business of its acquired companies into its existing business and the anticipated demand for such acquired companies’ services; reAlpha’s ability to scale its operational capabilities to expand into additional geographic markets and nationally; the potential loss of key employees of reAlpha and of its subsidiaries; the outcome of certain outstanding legal proceedings against reAlpha; reAlpha’s ability to obtain, and maintain, the required licenses to operate in the U.S. states in which it, or its subsidiaries, operate in, or intend to operate in; reAlpha’s ability to successfully identify and acquire companies that are complementary to its business model; reAlpha’s ability to commercialize its developing AI-based technologies; the inability to maintain and strengthen reAlpha’s brand and reputation; any accidents or incidents involving cybersecurity breaches and incidents; the inability to accurately forecast demand for short-term rentals and AI-based real estate-focused products; the inability to execute business objectives and growth strategies successfully or sustain reAlpha’s growth; the inability of reAlpha’s customers to pay for reAlpha’s services; the inability of reAlpha to obtain additional financing or access the capital markets to fund its ongoing operations on acceptable terms and conditions; the outcome of any legal proceedings that might be instituted against reAlpha; changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment; and other risks and uncertainties indicated in reAlpha’s U.S. Securities and Exchange Commission (“SEC”) filings. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha’s future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. For more information about the factors that could cause such differences, please refer to reAlpha’s filings with the SEC. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    Media Contact:
    Cristol Rippe, Chief Marketing Officer
    cristol@realpha.com

    Investor Relations Contact:
    Adele Carey, VP of Investor Relations
    investorrelations@realpha.com

    The MIL Network –

  • MIL-OSI: MoneyHero and RCBC Forge Strategic Partnership to Tap into the Philippines’ Expanding Card Market

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 04, 2025 (GLOBE NEWSWIRE) — MoneyHero Limited (NASDAQ: MNY) (MoneyHero” or the “Company”), a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia, today announced a strategic partnership with Rizal Commercial Banking Corporation (“RCBC”), a trusted leader in Philippine banking known for its customer-focused innovation and inclusive financial services, through its card servicing entity, RCBC Bankard Services Corporation (“RCBC Credit Cards”). Through this collaboration, MoneyHero will integrate RCBC’s full suite of rewards, lifestyle, travel, and premium credit card products into its digital platform, enabling Filipinos to seamlessly discover, compare, and apply for cards that suit their personal financial needs.

    This partnership significantly expands MoneyHero’s credit card offerings in the Philippines and reinforces its position as the leading digital acquisition partner for banks and personal finance aggregation and comparison platforms in the region. By combining MoneyHero’s digital conversion expertise with RCBC’s strong growth momentum in consumer finance and strategic focus on data-driven innovation, the strategic partnership will improve customer experience and expand access to personal financial solutions. Together, they will advance a more inclusive and digitally empowered financial ecosystem for Filipinos.

    Rohith Murthy, CEO of MoneyHero, said: “We are excited to welcome RCBC as a partner on our platform. By combining MoneyHero’s aggregation technology with RCBC’s rich credit card portfolio, we are empowering Filipino consumers to make smarter financial decisions. This partnership continues our mission to simplify financial choices for consumers while supporting our bank partners in driving digital acquisition at scale. This partnership accelerates our penetration into regional markets, deepens user engagement, and highlights our asset-light, mutually-beneficially partnership-led growth model.”

    Arniel Vincent B. Ong, RCBC Credit Cards President & CEO, said: “We’re excited to partner with MoneyHero to offer our full suite of credit cards directly to consumers through a seamless digital experience. Our credit card business has shown exceptional momentum, with credit card receivables growing 48% and cards in force increasing 21% in 2024 alone, underscoring strong consumer engagement. This rapid growth in credit cards will make us a powerful partner for MoneyHero’s expanding presence in the country. By integrating with MoneyHero’s platform, we’re making it easier for Filipinos to compare and apply for the card that best fits their needs, strengthening our commitment to innovation and financial inclusion.”​​​​​

    About MoneyHero Group

    MoneyHero Limited (NASDAQ: MNY) is a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia. The Company operates in Singapore, Hong Kong, Taiwan and the Philippines. Its brand portfolio includes B2C platforms MoneyHero, SingSaver, Money101, Moneymax and Seedly, as well as the B2B platform Creatory. The Company also retains an equity stake in Malaysian fintech company, Jirnexu Pte. Ltd., parent company of Jirnexu Sdn. Bhd., the operator of RinggitPlus, Malaysia’s largest operating B2C platform. MoneyHero had over 290 commercial partner relationships as at 31 December 2024, and had approximately 6.2 million Monthly Unique Users across its platform for the three months ended 31 December 2024. The Company’s backers include Peter Thiel—co-founder of PayPal, Palantir Technologies, and the Founders Fund—and Hong Kong businessman, Richard Li, the founder and chairman of Pacific Century Group. To learn more about MoneyHero and how the innovative fintech company is driving APAC’s digital economy, please visit www.MoneyHeroGroup.com.

    About Rizal Commercial Banking Corporation

    RCBC is a leading financial services provider in the Philippines offering a wide range of banking and financial products and services. RCBC is engaged in all aspects of traditional banking, investment banking, microfinance, retail financing (auto, mortgage and housing loans, and credit cards), remittance, leasing, foreign exchange, and stock brokering. RCBC is a member of the Yuchengco Group of Companies (YGC), one of the oldest and largest conglomerates in South East Asia. For more information, please visit https://www.rcbc.com.

    About RCBC Bankard Services Corporation

    RCBC Bankard Services Corporation (“RBSC”) manages credit cards, personal loans, and merchant payment solutions for Rizal Commercial Banking Corporation (“RCBC”). RCBC and RBSC are part of the Yuchengco Group of Companies, one of Southeast Asia’s oldest and largest conglomerates. RBSC provides innovative cashless payments and versatile add-on services. For more information about RBSC, please visit www.rcbccredit.com.

    For MoneyHero inquiries, please contact:

    Investor Relations:
    MoneyHero IR Team
    IR@MoneyHeroGroup.com

    Media Relations:
    MoneyHero PR Team
    Press@MoneyHeroGroup.com

    For Rizal Commercial Banking Corporation inquiries, please contact:

    RCBC Credit Cards:
    email@service.rcbcbankard.com

    The MIL Network –

  • MIL-OSI: Enphase Energy IQ8 Commercial Microinverters Made with Domestic Content Selected for New Projects in the United States

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., June 04, 2025 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today announced that IQ8P-3P™ Commercial Microinverters made with domestic content were selected for significant commercial projects on a Florida school, an affordable housing complex in Rhode Island, and a community center in California. These projects, totaling nearly 3 MW, showcase the growing interest in Enphase’s commercial product solution for its reliability, safety, and ability to qualify for the domestic content bonus tax credit, which improves project economics and supports the growth of American manufacturing.

    In Palmetto, Florida, the solar installation at the Manatee School for the Arts is projected to be one of the largest rooftop solar projects in state history and the largest using Enphase microinverters produced at its U.S. contract manufacturing facilities. The 2 MW system will use 3,200 IQ8P-3P Microinverters, which are estimated to produce over 3,800,000 kWh annually and offset much of the school’s electricity needs for more than 25 years. The project is expected to result in an estimated $900,000 in annual savings. The installer company, Tampa Bay Solar, has begun construction and commissioning planned for late June 2025.

    “Our goal is a 90% reduction in utility costs, freeing up critical operational budget to enhance educational programs and facilities for the community,” said Steve Rutherford, president and founder at Tampa Bay Solar, an installer of Enphase products in Florida. “Thanks to Enphase microinverters made with domestic content at U.S. factories, the school will access critical federal tax incentives while enjoying reliable and safer operations.”

    Rock Ridge Homes, an affordable housing apartment complex located in a quiet neighborhood in Woonsocket, Rhode Island, will feature a 666 kW solar installation with 1,282 IQ8P-3P Microinverters across 14 buildings. Construction is set to begin soon.

    “This installation is a testament to our dedication to sustainable, high-quality homes that serve both residents and the environment,” said Nikhil Nardhani, director of development at The BLVD Group, a leading developer and owner of affordable housing. “We’re proud to demonstrate how solar technology can enhance affordability and community impact.”

    “Apartment residents, along with everyone else, deserve clean, local solar energy without the complexity,” said John Weaver, general manager at installer Commercial Solar Guy. “Our Rock Ridge Homes project uses Enphase IQ8 Commercial Microinverters with domestic content tax incentives to create even more savings for property management while enhancing community sustainability.”

    In Modesto, California, installer company Mid-State Solar completed a 150 kW solar project for the Modesto Gospel Mission, an organization that provides services to poor and homeless individuals to meet their tangible and spiritual needs. The project includes IQ8P-3P Microinverters made with domestic content, which gives the organization the opportunity to qualify for the additional 10% domestic content bonus tax credit. It’s estimated that the solar project will offset approximately 45% of the building’s energy load and will provide more than $1 million dollars in lifetime savings.

    “Enphase’s decision to supply IQ8 Commercial Microinverters from manufacturing facilities on American soil resonates strongly with our company’s resolve,” said Aaron Yakligian, vice president at Mid-State Solar. “Produced locally, these high-performance components enable us to provide our customers with reliable, safer, top-tier solar solutions. Additionally, the Enphase inverters provide a 25-year warranty which matches the warranty of the modules, hardware, and the building’s new roof. Having no high-voltage DC was also a plus.”

    “These projects showcase the versatility of Enphase’s IQ8 Commercial Microinverters across diverse commercial applications,” said Ken Fong, senior vice president and general manager of the Americas and APAC at Enphase Energy. “Additionally, we’re pleased to see our investment in American manufacturing continuing to strengthen the solar industry, create jobs, and help customers secure valuable tax incentives while meeting the highest standards for performance and safety.”

    Watch a video about Enphase’s manufacturing process in Texas here. For more information about Enphase commercial microinverters, please visit the Enphase website.

    About Enphase Energy, Inc.

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

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

    Forward-Looking Statements

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

    Contact:

    Enphase Energy

    press@enphaseenergy.com

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

    The MIL Network –

  • MIL-OSI: Mizuho Americas Hires Nick Setyan as Managing Director and Senior Equity Research Analyst Covering the Restaurant Sector

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) — Mizuho Americas today announced the hiring of Nick Setyan as Managing Director and Senior Equity Research Analyst covering the Restaurant sector. Based in Los Angeles, Setyan reports to the Head of Americas Equity Research, Bill Featherston.

    Setyan has 15 years of experience in the restaurant sector. He most recently served as Managing Director and Equity Research Analyst covering the Restaurant sector at Wedbush Securities where he spent his entire career holding various positions with increasing responsibility.

    “Nick is one of the top analysts in a dynamic sector drawing increasing interest from investors and issuers,” said Featherston. “His deep industry knowledge and relationships across executive management, franchisees, and owners will be a great asset to Mizuho’s growing research department.”

    Setyan holds a Bachelor of Arts in economics and government from Cornell University and was a Bretschneider Fellow at Pembroke College, University of Oxford.

    About Mizuho Americas
    Mizuho Financial Group, Inc. is one of the largest financial institutions in the world as measured by total assets of ~$2 trillion, according to S&P Global 2024. Mizuho’s 65,000 employees worldwide offer comprehensive financial services to clients in 36 countries and 850 offices throughout the Americas, EMEA, and Asia.

    Mizuho Americas is a leading Corporate and Investment Bank (CIB) that provides a full spectrum of client-driven solutions across strategic advisory, capital markets, corporate banking, and fixed income and equities sales & trading to corporate, government, and institutional clients in the US, Canada, and Latin America. Through its acquisition of Greenhill, Mizuho enhanced its M&A, restructuring, and private capital advisory capabilities across the Americas, Europe, and Asia. Mizuho Americas employs approximately 4,000 professionals. For more information visit www.mizuhoamericas.com.

    For inquiries, please contact:
    Jim Gorman
    Executive Director, Media Relations, Mizuho Americas
    +1-212-282-3867
    jim.gorman@mizuhogroup.com

    The MIL Network –

  • MIL-OSI: Fusion Fuel Green PLC Announces Forthcoming Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    DUBLIN, June 04, 2025 (GLOBE NEWSWIRE) — via IBN – Fusion Fuel Green PLC (Nasdaq: HTOO) (“Fusion Fuel” or the “Company”) today announced that it will hold its Annual General Meeting (“AGM”) on June 25, 2025, at 2:00 PM (Dublin time) at the offices of Arthur Cox LLP, Ten Earlsfort Terrace, Dublin 2, D02 T380, Ireland.

    Shareholders are encouraged to review the Notice of AGM, which has been furnished to the U.S. Securities and Exchange Commission (“SEC”) with a Report on Form 6-K and mailed to all shareholders of record as of May 30, 2025. The Notice outlines six proposals submitted by the Board of Directors for shareholder approval.

    Among the items on the agenda is a proposal to authorize a reverse share split of the Company’s Class A Ordinary Shares at a ratio within a range of 4-to-1 and 40-to-1 to be determined by the Board. This measure is intended to regain compliance with The Nasdaq Stock Market LLC (“Nasdaq”) minimum bid price requirement of $1.00 per share.

    John-Paul Backwell, CEO of Fusion Fuel, commented: “Holding the AGM and obtaining shareholder approval of the proposed reverse share split will reaffirm to the market that Fusion Fuel is steadily progressing towards its goals of fully regaining compliance with Nasdaq listing requirements. With continued strong growth alongside promising strategic acquisition opportunities, we believe the Company is well on its way towards long-term sustainability and shareholder value.”

    Fusion Fuel remains committed to its strategy of sustainable growth and operational resilience and looks forward to engaging with shareholders at the upcoming AGM.

    About Fusion Fuel Green PLC

    Fusion Fuel Green PLC (NASDAQ: HTOO) is a growing energy company providing engineering, advisory, and fuel distribution solutions through its brands Al Shola Gas and BrightHy. The Company services clients across commercial, residential, and industrial sectors and is actively expanding into new verticals and geographies to support energy transition and infrastructure resilience.

    Forward-Looking Statements

    This press release includes “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or the Company’s future financial or operating performance. In some cases, you can identify these statements because they contain words such as “may,” “will,” “believes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “should,” “seeks,” “future,” “continue,” “plan,” “target,” “predict,” “potential,” or the negative of such terms, or other comparable terminology that concern the Company’s expectations, strategy, plans, or intentions. Forward-looking statements relating to expectations about future results or events are based upon information available to the Company as of today’s date and are not guarantees of the future performance of the Company, and actual results may vary materially from the results and expectations discussed. The Company’s expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including, without limitation, the risks and uncertainties described under Item 3. “Key Information – D. Risk Factors” and elsewhere in the Company’s Annual Report on Form 20-F filed with the SEC on May 9, 2025 (the “Annual Report”), and other filings with the SEC. Should any of these risks or uncertainties materialize, or should the underlying assumptions about the Company’s business and the commercial markets in which the Company operates prove incorrect, actual results may vary materially from those described as anticipated, estimated or expected in the Annual Report. All subsequent written and oral forward-looking statements concerning the Company or other matters and attributable to the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. The Company does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof, except as required by law.

    Investor Relations Contact:
    ir@fusion-fuel.eu
    www.fusion-fuel.eu

    Wire Service Contact:
    IBN
    Austin, Texas
    www.InvestorBrandNetwork.com
    512.354.7000 Office
    Editor@InvestorBrandNetwork.com

    The MIL Network –

  • MIL-OSI: Kaltura’s AI Learning Agent Wins “e-Learning Innovation of the Year”, Ushering in a New Era of Personalized Education

    Source: GlobeNewswire (MIL-OSI)

    New York, June 04, 2025 (GLOBE NEWSWIRE) —

    Kaltura (Nasdaq: KLTR), the AI Video Experience Cloud, today announced that the Kaltura Class Genie has been selected as the winner of the “e-Learning Innovation of the Year” award in the 7th annual EdTech Breakthrough Awards. The EdTech Breakthrough Awards honor startups, established companies, and innovators who have demonstrated exceptional leadership and a commitment to progress in educational technology. 

    The Kaltura Class Genie is an AI learning agent that creates hyper-personalized learning experiences for students, leading to better educational outcomes. Launched in 2024, the Class Genie represents a revolutionary leap in e-learning, marking a shift from traditional, one-size-fits-all education to dynamic, AI-driven collaboration between students and teachers that is tailored to every learner’s unique needs.  

    Class Genie has already reversed a long-standing challenge: students being unable to take advantage of materials they were unaware of. Based on Kaltura’s Class Genie testing, an astounding 92% of the content accessed through the Genie was from sources that students had never seen before, representing a dramatic increase in engagement and discovery, especially of long-tail content that holds educational value but would otherwise remain buried in institutional archives. 

    Class Genie creates individualized immersive learning resources tailored to personal needs based on each student’s preferences, engagement patterns, and past interactions, drawing exclusively from their institution’s trusted knowledge base. It integrates seamlessly with institutional content repositories – from course libraries to campus-wide archives – enabling students to ask questions through a chat interface and receive instant, context-aware support in the form of direct answers, interactive flashcards, key video clips from relevant lecture moments, and clearly cited source materials.  

    “We built Class Genie to help students where they are in their education journeys. By offering personalized, timely support and keeping students engaged while empowering educators with more effective and impactful teaching tools, we are creating the future for schooling,” said Eynav (Navi) Azaria, Chief Product and Engineering Officer at Kaltura. “Being recognized with this award is a strong validation of our vision and momentum in creating truly individualized learning experiences.”  

    Kaltura has been a leader in educational technology for years, powering learning experiences for hundreds of institutions worldwide and more than 9M students and faculty members, including more than 50% of US R1 universities and Ivy League schools. A pioneer in remote and virtual learning, Kaltura has created industry-leading e-learning solutions that played a key role in the digital transformation education has undergone in the past decade. Even before the launch of its AI-powered Class Genie, Kaltura’s all-in-one video platform for education has been enriching the digital education experience for students, improving learning outcomes, increasing adoption for staff and saving costs for IT departments. With powerful tools for lecture capture, virtual classrooms, LMS Video integration, and robust accessibility capabilities, Kaltura’s platform creates engaging, inclusive, and scalable learning experiences across every academic touchpoint. 

    The EdTech Breakthrough Awards evaluate the global educational technology industry each year to recognize and highlight the breakthrough EdTech solutions and companies. This year’s program attracted more than 2,700 nominations from countries all over the world. 

    About Kaltura  
    Kaltura’s mission is to create and power AI-infused hyper-personalized video experiences that boost customer and employee engagement and success. Kaltura’s AI Video Experience Cloud includes a platform for enterprise and TV content management and a wide array of Gen AI-infused video-first products, including Video Portals, LMS and CMS Video Extensions, Virtual Events and Webinars, Virtual Classrooms, and TV Streaming Applications. Kaltura engages millions of end-users at home, at work, and at school, boosting both customer and employee experiences, including marketing, sales, and customer success; teaching, learning, training and certification; communication and collaboration; entertainment and monetization. For more information, visit www.corp.kaltura.com. 

    The MIL Network –

  • MIL-OSI: Melissa’s Azure Integration of SSIS Components Extends Data Quality to the Cloud

    Source: GlobeNewswire (MIL-OSI)

    RANCHO SANTA MARGARITA, Calif., June 04, 2025 (GLOBE NEWSWIRE) — As more enterprises migrate to the cloud in pursuit of scalability, speed, and simplified infrastructure, data quality often remains a bottleneck or development challenge. In response, Melissa’s industry-leading data validation tools are now deployable on Microsoft Azure through Azure Data Factory (ADF), with powerful address, identity, and contact data cleansing capabilities running seamlessly via the Azure-SSIS Integration Runtime (SSIS-IR). This integration empowers organizations to migrate existing SQL Server Integration Services (SSIS) packages to the cloud without redevelopment—preserving prior investments while enabling modern scalability.

    Companies can now also tap into Melissa’s comprehensive suite of cloud-based services without relying on on-premise computing resources. This includes address, email, phone, and name validation, along with NCOA/CCOA change-of-address updates and global identity verification, all accessible within the familiar Azure environment.

    Designed for enterprises of all sizes, Melissa’s Azure-enabled components provide a future-ready foundation for companies moving ETL and master data management processes to the cloud. Cloud operations offload hardware and maintenance responsibilities, and reduce the need for local server infrastructure, internal IT maintenance, and hardware scaling.

    “Our clients have long trusted Melissa for high-performance data quality solutions,” said Bud Walker, Chief Information Officer, Melissa. “By extending these capabilities to Azure, we’re giving organizations the ability to scale faster, reduce infrastructure overhead, and protect their existing investments in enterprise data workflows.” 

    The integration leverages Azure’s SSIS-IR, allowing companies to upload and run legacy SSIS packages in the cloud without disruption to data processes. Businesses can maintain backward compatibility while gaining the elasticity, efficiency, and maintenance-free advantages of Azure’s cloud services.

    To learn more about Melissa’s SSIS solutions optimized for Azure Data Factory integration, visit www.melissa.com or call 1-800-MELISSA.

    About Melissa
    Powering clean customer data for 40 years, Melissa is the Address Expert. Providing address validation, address autocomplete, and geo-verified address data for 240+ countries, Melissa supports global businesses with its offices across five continents. Melissa’s suite of data quality, ID verification, and location data tools and services drives better decision-making, reduced costs, increased efficiency, and improved compliance. Our APIs, CRM and ecommerce integrations, and online tools help Melissa’s 10,000 customers worldwide process billions of addresses daily, fully capitalizing on the business value of customer data. For more information, visit www.Melissa.com or call 1-800-MELISSA (635-4772).

    Media contacts
    Greg Brown
    Vice President, Global Marketing, Melissa
    greg.brown@Melissa.com
    +1-800-635-4772 x1130

    MPoweredPR for Melissa
    pr@mpoweredpr.com
    +1-877-794-6777

    The MIL Network –

  • MIL-OSI: Salsify Launches FeedbackIQ to Streamline GDSN with AI

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, June 04, 2025 (GLOBE NEWSWIRE) — Salsify, the Product Experience Management (PXM) platform empowering brand manufacturers, distributors, and retailers to win on the digital shelf, today announced a significant enhancement to its Global Data Synchronization Network (GDSN) product with the launch of FeedbackIQ. This new AI-powered capability interprets complex GDSN Confirmation of Information Consistency (CIC) feedback—automated messages retailers send to confirm or reject product data—helping users quickly pinpoint specific attributes that need attention and eliminating the manual troubleshooting that often delays products from reaching the market.

    “The GDSN can be difficult to manage,” said Danielle Mytrohovich, Product Experience Manager at KIND Snack Bars in a recent case study. “One error can cause an entire submission to fail. Salsify helps us ensure information accuracy before we submit to the GDSN, which is a gamechanger.” Since implementing Salsify, KIND has experienced a 10% sales lift, a +79% increase in average bullet point compliance, and a +33% increase in image compliance at one of their top retailer partners.

    Today’s announcement caps a steady stream of recent investments for Salsify’s global GDSN customers, including expanding support for GDSN local validation rules and attributes to Spain, Poland, Italy, Greece, Czechia, Sweden, and Finland. Unlike fragmented legacy solutions, Salsify was designed from the ground up as a unified platform, combining PIM, GDSN, DAM, Syndication, and Analytics. This approach eliminates data silos, empowering customers to centrally govern all product content from one trusted source of truth, automatically transform it for each trading partner’s unique requirements, and efficiently manage information transfer to multiple recipients on a global scale.

    “For modern commerce, the importance of GDSN cannot be overstated – it’s fundamental to ensuring products reach consumers efficiently and with reliable information,” said Jens Weller, Director of Global GS1 at Salsify. “Manufacturers need to work faster and modernize their approach to managing data in this new, dynamic era of commerce. Interpreting CIC feedback is a perfect application for AI, enabling GDSN data stewards to embed AI directly into their toolset through FeedbackIQ.”

    For more information, GS1 Connect attendees can visit Salsify at Booth # 208 or go to salsify.com/product/gdsn.

    About Salsify

    Salsify helps thousands of brand manufacturers, distributors, and retailers in over 140 countries collaborate to make every product experience matter. The company’s Product Experience Management (PXM) platform enables organizations to centralize all of their product content, connect to the commerce ecosystem, and automate business processes in order to deliver the best possible product experiences across every selling destination.

    Learn how the world’s largest brands, including Mars, L’Oreal, The Coca-Cola Company, Bosch, and ASICS, as well as retailers and distributors, such as DoorDash, E.Leclerc, Carrefour, Metro, and Intermarché use Salsify every day to drive efficiency, power growth, and lead the digital shelf. For more information, please visit: www.salsify.com.

    Media contact:
    Carolyn Adams
    carolyn@bluerunpr.com

    The MIL Network –

  • MIL-OSI: StepStone Group Opens Office in Jeonju, South Korea

    Source: GlobeNewswire (MIL-OSI)

    JEONJU, South Korea, June 04, 2025 (GLOBE NEWSWIRE) — StepStone Group (Nasdaq: STEP), a global private markets solutions provider, has opened an office in Jeonju, North Jeolla Province, South Korea. The new office marks a continued expansion of StepStone’s long-standing relationship with the National Pension Service (NPS), one of the world’s largest institutional investors. This is StepStone’s second office in South Korea, following the establishment of its Seoul office in 2014.

    “As we look to deepen our relationship with NPS, opening an office in Jeonju was a logical next step,” said JeeYoung Kim, a StepStone partner based in Seoul. “It will enhance communication and collaboration as we look to provide NPS with best-in-class service and solutions for their investment program.” The Jeonju office underscores StepStone’s ongoing commitment to regional engagement and operational excellence in service to its global institutional clients.

    The opening ceremony, held on April 22, was attended by senior leadership from both organizations, including Kim Tae-hyun, Chairman of the National Pension Service, Scott Hart, CEO of StepStone Group, Jeff Giller, Head of StepStone Real Estate, and Marcel Schindler, Head of StepStone Private Debt.

    “The opening of our Jeonju office reflects the strength of our partnership with NPS and our shared focus on expanding access to high-quality global investment opportunities,” said Scott Hart. “We are honored to support the important work of NPS and look forward to deepening our collaboration.”

    About StepStone Group

    StepStone Group Inc. (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to its clients. As of March 31, 2025, StepStone was responsible for approximately $709 billion of total capital, including $189 billion of assets under management. StepStone’s clients include some of the world’s largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, as well as prominent endowments, foundations, family offices and private wealth clients, which include high-net-worth and mass affluent individuals. StepStone partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes.

    Contacts

    Shareholder Relations:
    Seth Weiss
    shareholders@stepstonegroup.com
    1-212-351-6106

    Media:
    Brian Ruby / Chris Gillick / Matt Lettiero, ICR
    StepStonePR@icrinc.com
    1-203-682-8268

    The MIL Network –

  • MIL-OSI: Amalgamated Bank Joins Nearly $1 Billion Aggregate Financing with Greenbacker’s 674 MW Cider Solar Farm, Powering New York’s Largest Solar Project to Date

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) — Amalgamated Bank, a subsidiary of Amalgamated Financial Corp. (Nasdaq: AMAL), today announced the successful closing of a $15 million commitment as part of a nearly $1 billion aggregate financing to support the construction and operation of Greenbacker Renewable Energy Company LLC’s (“Greenbacker”) utility-scale 674 MWdc (megawatts of direct current) “Cider” solar farm, the largest solar project in New York State.

    Cider is located on approximately 2,500 acres in Genesee County, New York, the state where both Greenbacker and Amalgamated Bank are headquartered. Greenbacker broke ground on the solar project—its largest to date—in late 2024, and commenced major construction activities at the site in spring 2025.

    “The Cider project and associated financing, including the new partnership with Amalgamated Bank, underscores Greenbacker’s commitment to building a more resilient energy system in New York,” said Carl Weatherley-White, Greenbacker’s interim Chief Financial Officer. “Together we are driving forward a sustainable future that delivers affordable, homegrown, clean power and meaningful economic benefits to local communities.”

    Cider’s construction is expected to support hundreds of clean energy jobs. The project is slated to enter commercial operation by the end of 2026, when it is projected to generate enough clean electricity to power over 120,000 New York homes annually.

    “We are proud to partner with Greenbacker on the Cider project, a landmark achievement for renewable energy in New York,” said Sam Brown, Chief Banking Officer at Amalgamated Bank. “This project stands as a testament to our collective mission to deliver impactful, scalable clean energy solutions. Additionally, Greenbacker’s dedication to partnering with local organized labor further underscores our unwavering support for unions and our commitment to fostering strong, sustainable communities.”

    Greenbacker’s portfolio has produced over 12 million megawatt – hours of clean energy and abated more than 8 million metric tons of carbon since 2016, reinforcing its commitment to energy transition investments across the country.

    About Greenbacker Renewable Energy Company
    Greenbacker Renewable Energy Company LLC is a publicly reporting, non-traded limited liability sustainable infrastructure company that both acquires and manages income-producing renewable energy and other energy-related businesses, including solar and wind farms, and provides asset management services to other renewable energy investment vehicles. We seek to acquire and operate high-quality projects that sell clean power under long-term contracts to high-creditworthy counterparties such as utilities, municipalities, and corporations. We are long-term owner-operators, who strive to be good stewards of the land and responsible members of the communities in which we operate. Greenbacker conducts its asset management business through its wholly owned subsidiary, Greenbacker Capital Management, LLC, an SEC-registered investment adviser. We believe our focus on power production and asset management creates value that we can then pass on to our shareholders—while facilitating the transition toward a clean energy future. For more information, please visit www.greenbackercapital.com.

    About Amalgamated Bank:
    Amalgamated Bank, the wholly owned banking subsidiary of Amalgamated Financial Corp. (Nasdaq: AMAL), is a mission-driven New York-based full-service commercial bank and a chartered trust company with a combined network branches in New York City, Washington D.C., San Francisco, and Boston. Amalgamated Bank provides commercial and retail banking products, investment management and trust and custody services, and lending services. Since their founding in 1923, Amalgamated Bank is diligent in fulfilling their mission to be America’s socially responsible bank, empowering organizations and individuals to advance positive change. The businesses that Amalgamated Bank focus’ on are generally mission aligned with our core values, including sustainable companies, clean energy, nonprofits, and B Corporations. www.amalgamatedbank.com.

    Media Contacts:  
    Chris Larson
    Media Communications
    Greenbacker
    646.569.9532
    c.larson@greenbackercapital.com

    Ayele Ajavon
    Head of Communication
    Amalgamated Bank
    929.979.5811
    Media@amalgamatedbank.com

    The MIL Network –