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Category: GlobeNewswire

  • MIL-OSI: Pacific AI Joins Forces with the Coalition of Health AI as Newest Partner in Assurance Provider Certification Process

    Source: GlobeNewswire (MIL-OSI)

    LEWES, Del., June 03, 2025 (GLOBE NEWSWIRE) — Pacific AI, the AI governance company, today announced its operational deployment certification intent under the Coalition for Health AI (CHAI)’s assurance service provider certification process, setting a precedent for how AI models can be responsibly governed. This designation recognizes the company’s commitment to supporting the safe, effective, and responsible deployment of AI technologies in healthcare.

    Assurance Services are designed to accelerate the adoption of AI models in healthcare by providing tools and frameworks that ensure compliance with industry best practices. CHAI has developed a rigorous certification framework grounded in consensus-driven standards that emphasize transparency, trustworthiness, and accountability in AI applications.

    Pacific AI will work with CHAI to establish a governance framework and serve as a CHAI Certified Assurance Service Provider as that framework is finalized later this year. Once certified, Pacific AI will provide:

    • AI Governance Policies that conform to CHAI guidelines and reflect current laws, regulations, and industry standards. These policies are regularly reviewed and updated to keep pace with the rapidly evolving regulatory environment of healthcare AI.
    • AI Governance Tools and Software that streamline adherence to AI governance requirements and enable healthcare organizations to accelerate the responsible adoption of AI technologies.

    Assurance Service Providers play a vital role in establishing trust by offering transparency into how AI models perform in real-world environments. While these services are not part of any formal government regulatory process, they are crucial in filling critical gaps in the AI evaluation pipeline. This helps users and beneficiaries better understand the reliability and context-specific performance of AI solutions.

    “As we advance our mission to enable responsible, trustworthy AI, this is one of the first of many collaborations where CHAI-certified service providers and health institutions will work together to ensure AI serves all patients,” said Dr. Brian Anderson, CEO of CHAI. “We’re proud to see Pacific AI lead the way in streamlining product evaluation and facilitating simpler comparisons during health AI procurement for both health systems and solution providers.”

    “Working with CHAI to develop governance and eventually formal certification demonstrates alignment in our shared mission of advancing the responsible deployment and oversight of AI in healthcare,” said David Talby, CEO of Pacific AI. “We’re proud to be part of the trusted ecosystem helping to ensure AI delivers on its promise responsibly.”

    Pacific AI meets the highest standards for ethical and secure AI validation and is committed to working with CHAI on this governance framework, which includes provisions for privacy, security, data quality, intellectual property protection, conflict of interest management, and conformance with established CHAI standards, such as the CHAI model card.

    For more information about Pacific AI, visit www.pacificai.com. To learn more about CHAI and its Assurance Service Providers, visit https://chai.org/.

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

    About CHAI
    The CHAI (Coalition for Health AI) mission is to be the trusted source of guidelines for Responsible AI in Health. It aims to ensure high-quality care, foster trust among users, and meet the growing healthcare needs. As a coalition bringing together leaders and experts representing health systems, startups, government and patient advocates, CHAI has established working groups focusing on privacy and security, fairness, transparency, usefulness, and safety of AI algorithms.

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

    Press contact for CHAI
    CHAI@12080group.com

    The MIL Network –

  • MIL-OSI: First Pacific Bank Recognized for Exceptional Workplace Culture, Two Years Running

    Source: GlobeNewswire (MIL-OSI)

    WHITTIER, Calif., June 03, 2025 (GLOBE NEWSWIRE) — First Pacific Bank, the wholly owned subsidiary of First Pacific Bancorp (OTC Pink: FPBC), is proud to announce that it has been awarded the 2025 Great Company Culture Award—marking the second consecutive year the Bank has received this honor. Presented by CultureID, this recognition highlights the Bank’s unwavering commitment to fostering a positive, inclusive, and high-performing workplace.

    This award is a direct result of employee feedback received from the 2025 Employee Engagement Survey and is awarded to companies that achieve strong participation and a high overall engagement score, placing First Pacific Bank in the top third of participating organizations. As a result of intentional leadership across the organization, employees have indicated that they have strong relationships, high accountability, clear alignment, consistent communication, and full capability to work and perform at their best, resulting in an engaged culture.

    “Our mission at CultureID is to help companies create environments where people thrive,” said Kelly Burns, CEO of CultureID. “First Pacific Bank has demonstrated what’s possible when you make culture a priority. Their employee-centric focus is a model for other organizations to follow.”

    “We are honored to receive the Great Company Culture Award highlighting our ongoing efforts to build a workplace that not only meets the needs of its employees but also aligns with First Pacific Bank’s core values,” said Nathan Rogge, President and Chief Executive Officer of First Pacific Bank. “This recognition reflects the dedication and hard work of our entire team in building a workplace where employees feel supported and inspired. We believe that a strong company culture is the foundation of our success, and this award motivates us to continue investing in our people and our values.”

    To learn more about First Pacific Bank’s award-winning culture, visit firstpacbank.com.

    ABOUT FIRST PACIFIC BANK

    First Pacific Bank is a wholly owned subsidiary of First Pacific Bancorp (OTC Pink: FPBC) and is a growing community bank catering to individuals, professionals, and small-to-medium sized businesses throughout Southern California. Since opening in 2006, the Bank has offered a personalized approach, access to decision makers, a broad range of solutions, and a commitment to delivering an exceptional customer experience. First Pacific Bank operates locations in Los Angeles County, Orange County, San Diego County, and the Inland Empire. For more information, visit firstpacbank.com or call 888.BNK.AT.FPB.

    ABOUT CULTUREID

    CultureID is a leading provider of workforce business intelligence. Their mission is to help organizational leaders unlock the potential of their people by providing powerful tools and data-driven strategies that sustainably increase engagement, productivity, and profitability.

    The MIL Network –

  • MIL-OSI: Optery Wins 2025 Fortress Cybersecurity Award for Privacy Enhancing Technologies

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, June 03, 2025 (GLOBE NEWSWIRE) — Optery has been named a winner in the 2025 Fortress Cybersecurity Awards, presented by the Business Intelligence Group. The company was recognized in the category of Privacy Enhancing Technologies for its work in reducing the online exposure of employee and executive personal data—the most exploited vulnerability in modern cyberattacks.

    The Fortress Cybersecurity Awards program honors the industry’s leading companies and professionals who are going beyond compliance to build and maintain secure systems and processes. Winners are selected based on innovation, measurable impact, and commitment to security best practices.

    “The volume and complexity of threats facing organizations today is growing by the minute,” said Russ Fordyce, CEO of the Business Intelligence Group. “The winners of this year’s Fortress Cybersecurity Awards are not only keeping up—they’re setting the pace. We’re proud to honor Optery for building systems and solutions that make us all more secure.”

    Optery was recognized for its enterprise-grade personal data removal platform that finds and eliminates exposed PII from the web, protecting organizations from a range of PII-based threats such as social engineering and credential compromise.

    “We are honored to receive this award from the Business Intelligence Group,” said Lawrence Gentilello, CEO of Optery. “Today’s threat landscape demands that companies tackle personal data exposure to prevent cyber and physical attacks, but it requires the right tech and expertise. Innovation means little without measurable impact, and this recognition validates the work our team puts in every day to ensure we remain the industry leader in personal data removal.”

    “Personal data exposure across data broker sites fuels today’s most successful attack vectors—phishing, smishing, and business email compromise—making privacy essential to security,” said Paul Mander, GM of Optery for Business. “We’re grateful to be acknowledged for helping organizations close this critical vulnerability with unmatched scale and precision.”

    To learn more about the Fortress Cybersecurity Awards, visit: https://www.bintelligence.com/awards/fortress-cybersecurity-awards

    About Optery www.optery.com

    Optery is the first company to offer a free report with dozens of screenshots showing where your personal information is being posted by hundreds of data brokers online, and the first to offer IT teams a completely self-service platform for finding and removing employee personal information from the web. Optery subscription plans automatically remove customers from these sites, clearing your home address, phone number, email, and other personal information from the Internet at scale. The service provides users with a proactive defense against escalating PII-based threats such as phishing and other social engineering attacks, credential compromise, identity fraud, doxing, and harassment. Optery has completed its AICPA SOC 2, Type II security attestation, and distinguishes itself with unparalleled search technology, data removal automation, visual evidence-based before-and-after reporting, data broker coverage, and API integration options. Optery was awarded “Editors’ Choice” by PCMag.com as the most outstanding product in the personal data removal category in 2022, 2023, 2024, and 2025, received Fast Company’s Next Big Things in Tech award for security and privacy in 2023, was named winner in the Employee Privacy Protection, Attack Surface Management, and Digital Footprint Management categories of the 2024 and 2025 Cybersecurity Excellence Awards, received the Top InfoSec Innovator Award for Attack Surface Management by Cyber Defense Magazine in 2024, and won the Best Service for Attack Surface Management award from Cyber Defense Magazine in 2025. Hundreds of thousands of people and hundreds of businesses use Optery to prevent attacks and keep their personal information off the Internet.

    About Business Intelligence Group www.bintelligence.com

    The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, these programs are judged by business executives with real-world experience. The organization’s proprietary scoring system measures performance across multiple business domains and rewards companies whose achievements are significant and measurable.

    Media Contact

    Sara Trammell
    Director of Marketing
    Optery for Business
    sara@optery.com

    Eliana Starbird
    Chief Nominations Officer
    Business Intelligence Group
    +1 909-529-2737
    contact@bintelligence.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5d8828cb-356a-4054-afc9-2ac825528e28

    The MIL Network –

  • MIL-OSI: Bitget Wallet and Hyperion DEX Launch $40,000 Trading Event on Aptos

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, June 03, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, and Hyperion, a decentralized exchange natively built on the Aptos blockchain, have launched a $40,000 onchain trading event to encourage broader participation in the Aptos ecosystem. Running from June 3 to June 13, the event invites users to explore Hyperion’s trading interface while engaging with new decentralized infrastructure.

    As the leading DEX in the Aptos ecosystem, Hyperion is building the unified liquidity and trading layer of Aptos – a high-performance platform that combines swap aggregation, market-making, and vault strategies into one seamless on-chain experience.

    Bitget Wallet users can directly access Hyperion through seamless multi-chain connectivity, simplifying how users interact with Aptos-based dApps. As part of its broader vision to make crypto accessible for everyone, Bitget Wallet continues to support emerging ecosystems and user-friendly Web3 experiences.

    “As more users explore onchain trading, it’s important to provide secure and intuitive tools that connect them to high-performance protocols,” said Alvin Kan, COO of Bitget Wallet. “We see growing interest in Aptos and are committed to supporting the next generation of decentralized infrastructure.”

    Find out more on Bitget Wallet’s official channels.

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

    For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook

    For media inquiries, contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a09468d7-ff7d-46e4-989e-58e275bd88c5

    The MIL Network –

  • MIL-OSI: Albion Crown VCT PLC: Interim Management Statement

    Source: GlobeNewswire (MIL-OSI)

    Albion Crown VCT PLC
    Interim Management Statement
    LEI Code: 213800SYIQPA3L3T1Q68

    Introduction
    I present Albion Crown VCT PLC (the “Company”)’s interim management statement for the period from 1 January 2025 to 31 March 2025.

    The Company completed the merger with Albion Venture Capital Trust PLC (AAVC) in December 2024 which created a new C share class (CRWC). The C share class (CRWC) will convert into ordinary shares (CRWN) on a relative Net Asset Value basis as at 30 June 2026, which is expected to complete in November 2026.

    Performance and dividends

    Ordinary shares
    The ordinary shares unaudited net asset value (NAV) as at 31 March 2025 was £113.7 million or 31.35 pence per ordinary share, an increase of 0.18 pence per ordinary share (0.58%) since 31 December 2024.

    After accounting for the dividend of 0.78 pence per ordinary share, paid on 30 April 2025 to shareholders on the register on 11 April 2025, the NAV is 30.57 pence per ordinary share.

    C Shares
    The C shares unaudited NAV as at 31 March 2025 was £57.9 million or 43.15 pence per C share, a decrease of 0.12 pence per C share (0.27%) since 31 December 2024.

    After accounting for the dividend of 1.08 pence per C share, paid on 30 April 2025 to shareholders on the register on 11 April 2025, the NAV is 42.07 pence per C share.

    Fundraising
    A prospectus Top Up Offer of new ordinary shares opened to applications on 6 January 2025. On 31 March 2025, the Board announced that it had reached its £30 million limit (inclusive of a £10 million over-allotment facility which had been exercised) and therefore had closed to further applications.

    During the period from 1 January 2025 to 31 March 2025, the Company issued the following ordinary shares under the Albion VCTs Top Up Offers:

    Date Number of ordinary shares issued Issue price per ordinary share Net consideration received (£’000)
    21 March 2025 65,583,583 31.81 to 32.14 pence 20,446

    Portfolio
    As noted in the Half-yearly Financial Report for the six months to 31 December 2024, after reviewing detailed cash flow forecasts, the Board agreed with the Manager that the current investment focus for the C share class will be on supporting existing portfolio companies and not to make further new investments. This is to ensure that the C share class has sufficient cash resources for follow-on investments, dividends and share buybacks.

    The following investments have been made during the period from 1 January 2025 to 31 March 2025:

    New investments Ordinary shares C shares Activity
    £’000 £’000
    Latent Technology Group 621 70 Reinforcement Learning based Animation
    Scripta Therapeutics 139 – AI-enabled drug discovery
    Innerworks Technology 109 – Adaptive security
    OtoImmune 88 – Detection and treatment of autoimmune diseases.
    Pastel Health 31 17 Digital-first provider of multi-specialty care
    Formicor Pharmaceuticals 28 – Drug reformulation
    Total new investments 1,016 87  
    Further investments Ordinary shares C shares Activity
    £’000 £’000
    TransFICC 794 114 A provider of a connectivity solution, connecting financial institutions with trading venues via a single API
    Mondra Global 406 226 Food supply chain emissions modelling
    Runa Network 77 10 Cloud platform and infrastructure that enables corporates to issue digital incentives and payouts
    NuvoAir Holdings 66 11 Digital therapeutics and decentralised clinical trials for respiratory conditions
    uMedeor (T/A uMed) 30 56 A middleware technology platform that enables life science organisations to conduct medical research programmes
    Total further investments 1,373 417  

    Combined top ten holdings as at 31 March 2025:

    Investment Carrying value
    £’000    		 % of combined net asset value Activity
    Ordinary shares C shares Combined
    Quantexa 20,877 – 20,877 12.2% Network analytics platform to detect financial crime
    Gravitee Topco (T/A Gravitee.io) 4,176 5,342 9,518 5.5% API management platform
    Chonais River Hydro 2,077 3,586 5,663 3.3% Owner and operator of a 2 MW hydro-power scheme in the Scottish Highlands
    The Evewell Group 2,774 2,800 5,575 3.2% Operator and developer of women’s health centres focusing on fertility
    Runa Network 2,817 2,475 5,292 3.1% Cloud platform and infrastructure that enables corporates to issue digital incentives and payouts
    Radnor House School (TopCo) 2,918 2,308 5,226 3.0% Independent school for children aged 2-18
    Proveca 5,193 – 5,193 3.0% Reformulation of medicines for children
    TransFICC 2,691 2,044 4,735 2.8% A provider of a connectivity solution, connecting financial institutions with trading venues via a single API
    Elliptic Enterprises 1,675 2,878 4,553 2.7% Provider of Anti Money Laundering services to digital asset institutions
    Healios 2,135 2,049 4,184 2.4% Provider of an online platform delivering family centric psychological care primarily to children and adolescents

    A full breakdown of the Company’s ordinary and C share portfolios can be found on the Company’s webpage on the Manager’s website at www.albion.capital/vct-funds/CRWN.

    Share buy-backs
    During the period from 1 January 2025 to 31 March 2025, no shares were repurchased by the Company.

    It remains the Board’s policy to buy back shares in the market, subject to the overall constraint that such purchases are in the Company’s interest, including the maintenance of sufficient resources for investment in existing and new portfolio companies and the continued payment of dividends to shareholders.

    It is the Board’s intention for such buy-backs to be at around a 5% discount to net asset value, so far as market conditions and liquidity permit.

    Material events and transactions after the period end
    After the period end, the Company issued the following new ordinary shares of nominal value 1 penny per share under the Albion VCTs Prospectus Top Up Offers 2024/25:

    Date Number of ordinary shares issued Issue price per ordinary share Net consideration received (£’000)
    4 April 2025 27,830,556 32.14 pence 8,676

    After the period end, the Company also issued the following new ordinary and C shares under the dividend reinvestment scheme:

    Date Number of ordinary shares issued Issue price per ordinary share Net invested (£’000)
    30 April 2025 1,504,893 30.39 pence 443
    Date Number of C shares issued Issue price per C share Net invested (£’000)
    30 April 2025 484,437 42.19 pence 197

    There have been no other material events or transactions after the period end to the date of this announcement.

    Further information

    Further information regarding historic and current financial performance and other useful shareholder information can be found on the Company’s webpage on the Manager’s website at www.albion.capital/vct-funds/CRWN.

    Richard Glover, Chairman
    3 June 2025

    For further information please contact:
    Vikash Hansrani
    Operations Partner
    Albion Capital Group LLP – Tel: 020 7601 1850

    The MIL Network –

  • MIL-OSI: Private Debt Investor Features Grier Eliasek in June Edition of Middle Market Direct Lending Report

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) — Prospect Capital Management L.P. (“Prospect”), investment adviser to Prospect Capital Corporation (NASDAQ: PSEC) and other funds, announced today that Prospect Capital Corporation’s President and Chief Operating Officer, Grier Eliasek, is featured in the June 2025 Private Debt Investor (“PDI”) Middle Market Direct Lending Report. In the Q&A-format feature, Mr. Eliasek highlights the attractive opportunities in the lower and core middle-market, where lenders have the potential to secure favorable deal terms and pursue higher risk-adjusted returns.

    The PDI feature underscores Prospect’s market leadership in the lower and core middle-market direct lending space. Mr. Eliasek discusses Prospect’s underwriting strategy to emphasize less cyclical industries and target companies with resilient cash flows. Prospect also focuses on negotiating lower leverage multiples, tighter covenants, higher credit spreads, and higher SOFR floors to protect yield and manage credit risk.

    “In the lower and core middle-market, Prospect still typically obtains financial ratio maintenance covenants,” said Mr. Eliasek. “Such covenants have significantly disappeared from the upper middle-market due to intense lender competition at that end of the market.”

    Mr. Eliasek highlighted a trend of significant capital being raised for direct lending at the upper end of the market, with increasing convergence between the upper mid-market and broadly syndicated markets.

    Under the guidance of Prospect’s senior leaders, who have worked together for over two decades, Prospect’s flagship mid-market direct lending vehicle (Prospect Capital Corporation) has generated an investment level realized gross annualized internal rate of return (“IRR”) of approximately 13% (based on total capital invested and of approximately $11.8 billion and total proceeds from such exited investments of approximately $14.9 billion).

    To read the full Q&A, refer to PDI’s June 2025 Middle Market Direct Lending Report, available in print or online. A link to the article is also available on Prospect’s website via the following link: https://prospectcap.com/private-debt-investor-expert-qa-with-grier-eliasek.

    About Prospect Capital Management L.P.:

    Prospect is an SEC-registered investment adviser headquartered in New York City that, along with its predecessors and affiliates, has 38 years of experience investing in and managing high-yielding debt and equity investments using both private partnerships and publicly traded closed-end structures. Prospect and its affiliates employ a team of 140 professionals who focus on credit-oriented investments yielding attractive current income. Prospect, together with its affiliates, has $7.9 billion of regulatory assets under management as of March 31, 2025. For more information, call (212) 448-0702 or visit https://www.prospectcap.com.

    Internal Rate of Return:

    IRR is the discount rate that makes the net present value of all cash flows related to a particular investment equal to zero. IRR is gross of general expenses not related to specific investments as these expenses are not allocable to specific investments. Investments are considered to be exited when the original investment objective has been achieved through the receipt of cash and/or non-cash consideration upon the repayment of a debt investment or sale of an investment or through the determination that no further consideration was collectible and, thus, a loss may have been realized. Prospect Capital Corporation’s gross IRR calculations are unaudited. Information regarding internal rates of return are historical results relating to Prospect Capital Corporation’s past performance and are not necessarily indicative of future results, the achievement of which cannot be assured.

    The MIL Network –

  • MIL-OSI: Spatial Web Foundation Announces IEEE Approval of Spatial Web Standards

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 03, 2025 (GLOBE NEWSWIRE) — The Spatial Web Foundation (SWF) proudly announces that The Institute of Electrical and Electronics Engineers (IEEE) has officially ratified the P2874 Spatial Web standards: the Hyperspace Modeling Language (HSML) and the Hyperspace Transaction Protocol (HSTP).

    These global standards establish the technical foundation for a secure, interoperable, and intelligent Spatial Web—enabling collaboration between AI agents, IoT devices, robotics systems, and digital infrastructure across real-world environments.

    The Spatial Web Protocol, Architecture, and Governance Standards were developed over a five-year period by IEEE Working Group comprised of members from industry, government, academia, and civil society. The Standards were developed within the IEEE Artificial Intelligence Standards Committee, under the auspices of the IEEE Computer Society, the largest global community of computer scientists and engineers.

    The Spatial Web standards are not just a technical protocol, but a global framework for how intelligent systems interact with both the physical and social worlds. By encoding semantic meaning, spatial context, and temporal logic, these standards enable the digital representation of people, places, objects, and processes in a manner that machines can understand and act upon—while ensuring alignment with human-designed systems of law, governance, and coordination.

    Just as past IEEE standards laid the foundation for technologies like Wi-Fi® and Bluetooth®, the Spatial Web standards (HSML and HSTP) provide a common language that manufacturers, developers, and engineers can rely on to build interoperable, compliant systems, reducing friction, accelerating deployment, and lowering integration costs. At the same time, they provide governments, regulators, and institutions with a technical foundation for developing policies, laws, and safeguards that help ensure these systems operate safely and ethically in the real world.

    By defining the methods and the rules for intelligent agents to interact with both digital systems and physical environments, the Spatial Web standards unlock new possibilities for automation, coordination, and control in sectors such as smart cities, logistics, manufacturing, defense, healthcare, aerospace, and virtual worlds.

    Key benefits include:

    • Increased interoperability across hardware, software, and environments
    • Improved explainability and transparency in autonomous systems
    • Spatial encoding of laws and permissions to improve governance and regulatory compliance
    • Reduced integration costs through standardized protocols and metadata structures
    • Accelerated development of AI and robotic systems with plug-and-play intelligence and data permissions

    “The ratification of the Spatial Web standards marks a turning point—akin to the launch of TCP/IP for the internet,” said Bastiaan den Braber, Director of Operations at the Spatial Web Foundation. “The standards lay the groundwork for a network that is not just informational, but spatial and intelligent—bridging the gap between the physical and digital worlds. This is how we prepare for, build, and benefit from the next era of the Web.”

    “The Spatial Web standard offers the blueprint for harmonizing activities across digital twins, physical infrastructure, and AI and human agents,” said George Percival, Vice-Chair of the IEEE P2874 Working Group. “This is a foundational leap toward scalable, semantic interoperability across domains.”

    About Spatial Web Foundation

    The Spatial Web Foundation is dedicated to the development and implementation of socio-technical standards that will provide a safe and secure and interoperable foundation for the Spatial Web. These standards ensure that exponential technologies are not only technically robust but also socially beneficial, safe, compliant with existing laws, and in alignment with societal norms and values. SWF is a community of developers, creators, scientists, and innovators with a shared mission to enable a hyper-connected, contextually aware, ethically-aligned network of humans, machines, and artificial intelligence.

    On behalf of the Company

    Press Inquiries: https://spatialwebfoundation.org/swf/contact/ 

    You can find more information at: https://spatialwebfoundation.org/ and https://sagroups.ieee.org/2874/ 

    The MIL Network –

  • MIL-OSI: Canada Energy Partners Extends Private Placement

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, June 03, 2025 (GLOBE NEWSWIRE) — Canada Energy Partners Inc. (NEX: CE.H) (the “Company”) announces that the TSX-Venture Exchange has approved an extension of its non-brokered private placement until June 26/2025.

    Please see the original news release announcing the private placement issued on April 11/2025 for more information.

    On behalf of the Board of Directors of
    Canada Energy Partners Inc.:

    Grant Hall
    President

    For more information, please contact:

    CANADA ENERGY PARTNERS INC.
    Attention: Grant Hall, President
    Email: ghall9612@gmail.com
    Direct Phone: (520) 668 4101

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

    This press release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words or statements that certain events or conditions “may” or “will” occur, including, without limitation, estimated revenues. Forward-looking statements in this press release include statements about the anticipated filing deadline for the Annual Filings. Forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include, without limitation, the failure to file the Annual Filings by the anticipated date. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The forward-looking statements contained in this press release are made as of the date hereof, and the Company undertakes no obligation to update publicly or revise any forward-looking statements, whether because of new information, future events or otherwise, unless so required by law.

    The MIL Network –

  • MIL-OSI: Ethos Specialty Expands Transactional Risk Capacity with Starr Partnership

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) — Ethos Specialty Insurance Services LP (“Ethos Specialty”), a Bishop Street Underwriters (“Bishop Street”) company, today announced the expansion of its North American Transactional Risk capacity through a new partnership with Starr, a global insurance and investment organization.

    As the Transactional Risk market continues to tighten—amid hardening conditions and widespread capacity constraints—Ethos Specialty remains undeterred in its mission to deliver best-in-class solutions. The addition of Starr to Ethos’s panel of premier carriers underscores that commitment and further solidifies Ethos’s position as one of the most sought-after partners in the space. Starr joins an already robust, “A” rated lineup that includes AXIS and Skyward Specialty, bringing total capacity limits to $45M in the U.S. and $25M in Canada.

    “We’re proud to partner with Starr, a global leader in commercial insurance,” said Navine Aggarwal, Chief Executive Officer at Ethos Specialty. “Starr’s legacy of underwriting excellence and financial strength aligns perfectly with our mission to provide market-leading risk solutions across the U.S. and Canada.”

    Starr brings over a century of experience and a global footprint spanning more than 100 countries. With an AM Best rating of “A” (Excellent), Starr’s capacity further enhances Ethos’s ability to serve clients across diverse industries with confidence.

    This partnership comes amid a period of exceptional growth for Ethos Specialty. While many peers have contracted, Ethos has grown its Transactional Risk business by over 90% year over year—driven by a clear flight to quality among insureds seeking trusted, proven partners. Its ability to attract top-tier carriers like Starr reflects a reputation for underwriting excellence, innovation, and consistent claims performance. With a rapidly expanding footprint, world-class talent, and a forward-thinking approach, Ethos is well-positioned to shape the future of Transactional Risk across North America and beyond.

    To learn more about Ethos Specialty’s solutions, contact our team at headoffice@ethossspecialty.com.

    About Ethos Specialty
    Ethos Specialty is a leading Managing General Underwriter (“MGU”) that develops industry-specific insurance programs and provides specialized underwriting services on behalf of high-quality carrier and syndicate partners. Ethos focuses on managing risks related to transactions, offering multiple solutions including Representations and Warranties (R&W) and tax insurance. For more information, visit www.ethosspecialty.com.

    About Starr
    Starr is a leading insurance and investment organization with a presence on six continents. Through its operating insurance companies, Starr provides property, casualty, and accident and health insurance products, as well as a range of specialty coverages including aviation, marine, energy, and excess casualty insurance. For more information, visit www.starr.com.

    About Bishop Street
    Bishop Street Underwriters, a RedBird Capital portfolio company, seeks to partner with Managing General Agents/Underwriters as well as niche underwriting teams. Bishop Street aims to combine their best-in-class (re)insurance executive team’s vision with RedBird’s strong track record, expertise, and network in the financial services sector to build a differentiated platform uniquely positioned to capitalize on secular growth tailwinds in the industry. For more information, please go to www.bishopstreetuw.com.

    Media Contacts

    Ethos Specialty
    Lauren Meyer
    lauren.meyer@ethosspecialty.com
    (248) 849-0992

    Starr
    Hunter Hoffmann
    hunter.hoffmann@starrcompanies.com
    (646) 630-4944

    The MIL Network –

  • MIL-OSI: SIOS Technology Announces New Distribution Agreement with Climb Channel Solutions

    Source: GlobeNewswire (MIL-OSI)

    SAN MATEO, Calif., June 03, 2025 (GLOBE NEWSWIRE) — SIOS Technology Corp., a leading provider of application high availability (HA) and disaster recovery (DR) solutions, today announced a new distribution agreement with Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB). This partnership will enable Climb to distribute SIOS DataKeeper and SIOS LifeKeeper products to its extensive network of reseller partners across the Americas region.

    SIOS delivers innovative high availability and disaster recovery solutions that protect critical applications from downtime and data loss. SIOS LifeKeeper provides automated failover clustering, ensuring continuous operation of essential applications, while SIOS DataKeeper offers real-time replication for high availability and disaster recovery in both cloud and on-premises environments. Together, these solutions help businesses maintain uptime, safeguard data integrity, and achieve seamless business continuity.

    “Partnering with Climb Channel Solutions strengthens our ability to deliver industry-leading HA and DR solutions to a broader audience,” said Masahiro Arai, COO of SIOS Technology. “With Climb’s expertise in connecting innovative technologies with reseller partners, we are excited to expand access to our solutions and help organizations achieve greater resiliency and reliability.”

    “Climb Channel Solutions specializes in delivering emerging and established IT technologies, offering flexible financing, real-time quoting, and best-in-class channel operations to drive speed to market and exceptional service,” said Dale Foster, CEO of Climb Channel Solutions. “This partnership enhances Climb’s portfolio of technology offerings, equipping customers with critical solutions that ensure business continuity and operational efficiency.”

    For more information about SIOS Technology and its high availability solutions, visit www.us.sios.com. To learn more about Climb Channel Solutions, visit www.ClimbCS.com.

    About SIOS Technology Corp.

    SIOS Technology Corp. high availability and disaster recovery solutions ensure availability and eliminate data loss for critical Windows and Linux applications operating across physical, virtual, cloud, and hybrid cloud environments. SIOS clustering software is essential for any IT infrastructure with applications requiring a high degree of resiliency, ensuring uptime without sacrificing performance or data – protecting businesses from local failures and regional outages, planned and unplanned. Founded in 1999, SIOS Technology Corp. (https://us.sios.com) is headquartered in San Mateo, California, with offices worldwide.

    SIOS, SIOS Technology, SIOS DataKeeper, SIOS LifeKeeper and associated logos are registered trademarks or trademarks of SIOS Technology Corp. and/or its affiliates in the United States and/or other countries. All other trademarks are the property of their respective owners.

    Media Contact:

    Beth Winkowski
    Winkowski Public Relations, LLC for SIOS
    978-649-7189
    bethwinkowski@US.SIOS.com

    The MIL Network –

  • MIL-OSI: 3D Systems’ Additive Manufacturing Solutions Enable Pioneering Research on Advanced Thermal Control Systems for Next Generation Space Missions

    Source: GlobeNewswire (MIL-OSI)

    • 3D Systems’ applications expertise, technologies foundational to research projects led by Penn State, Arizona State & NASA Glenn Research Center
    • Additive manufacturing enabling novel titanium and nitinol passive heat pipes for space applications with 50% reduced weight enabling more efficient thermal management
    • Researchers advance state-of-the-art for thermal management of CubeSats with projected 6× greater deployed-to-stowed-area ratio with one of the first additively manufactured shape memory alloy (nitinol) radiators
    • 3D Systems’ solutions accelerating the adoption of additive manufacturing use in space applications — a total addressable market anticipated to reach nearly $4 billion by 2030

    ROCK HILL, S.C., June 03, 2025 (GLOBE NEWSWIRE) — Today, 3D Systems (NYSE: DDD) announced the Company is collaborating with researchers from Penn State University and Arizona State University on two projects sponsored by the National Aeronautics & Space Administration (NASA) intended to enable ground-breaking alternatives to current thermal management solutions. Severe temperature fluctuations in space can damage sensitive spacecraft components, resulting in mission failure. By combining deep applications expertise with 3D Systems’ leading additive manufacturing (AM) solutions comprising Direct Metal Printing (DMP) technology and tailored materials and Oqton’s 3DXpert® software, the teams are engineering sophisticated thermal management solutions for the demands of next-generation satellites and space exploration. The project led by researchers with Penn State University, Arizona State University, and the NASA Glenn Research Center1 in collaboration with 3D Systems’ Application Innovation Group (AIG) has resulted in processes to build embedded high-temperature passive heat pipes in heat rejection radiators that are additively manufactured in titanium. These heat pipe radiators are 50% lighter per area with increased operating temperatures compared with current state-of-the-art radiators, allowing them to radiate heat more efficiently for high power systems. Additionally, a project led by researchers at Penn State University and NASA Glenn Research Center2 with 3D Systems’ AIG yielded a process to additively manufacture one of the first functional parts using nickel titanium (nitinol) shape memory alloys that can be passively actuated and deployed when heated. This passive shape memory alloy (SMA) radiator is projected to yield a deployed-to-stowed area ratio that is 6× larger than currently available solutions, enabling future high-power communications and science missions in restricted CubeSat volume. When deployed on spacecraft, such as satellites, these radiators can raise operating power levels and reduce thermal stress on sensitive components, preventing failures and prolonging satellite lifespan.

    Traditionally, heat pipes have been manufactured with complex processes to form porous internal wick structures that passively circulate fluid for efficient heat transfer. Using Oqton’s 3DXpert® software, the Penn State/Arizona State/NASA Glenn/3D Systems project team embedded an integral porous network within the walls of the heat pipes, avoiding subsequent manufacturing steps and resulting variability. Monolithic heat pipe radiators were manufactured in titanium and nitinol on 3D Systems’ DMP technology. The titanium-water heat pipe radiator prototypes were successfully operated at temperatures of 230°C and weigh 50% less (3 kg/m2 versus over 6 kg/m2), meeting NASA goals for heat transfer efficiency and reduced cost to launch for space-based applications.

    The Penn State/NASA Glenn/3D Systems team is also pushing the boundaries of what is possible with metal AM by developing a process to 3D print passively deployed radiators with shape memory alloys. The chemistry of these materials can be tuned to change shape with application of heat. SMAs can withstand repeated deformation cycles without fatigue and exhibit excellent stress recovery. The team again used 3DXpert to design the deployable spoke structure of the radiator. This was then 3D printed in nitinol (NiTi), a nickel-titanium shape memory alloy, using 3D Systems’ DMP technology. When affixed to a spacecraft such as a satellite, this device can be passively actuated and deployed when heated by fluid inside, thus removing the need for motors or other conventional actuation in space. The passive shape memory alloy radiator developed by the team offers transformative advances with projected deployed-to-stowed area ratio that is 6× larger than what is currently considered state-of-the-art (12× versus 2×) and 70% lighter (<6 kg/m2 versus 19 kg/m2).

    “Our long-standing R&D partnership with 3D Systems has enabled pioneering research for the use of 3D printing for aerospace applications,” said Alex Rattner, associate professor, The Pennsylvania State University. “The collective expertise in both aerospace engineering and additive manufacturing is allowing us to explore advanced design strategies that are pushing the boundaries of what is considered state-of-the-art. When we complement this with the software capabilities of 3DXpert as well as the low oxygen environment in 3D Systems’ DMP platform, we are able to produce novel parts in exotic materials that enable dramatically improved performance.”

    “3D Systems has decades of leadership developing additive manufacturing solutions to transform the aerospace industry,” said Dr. Mike Shepard, vice president, aerospace & defense, 3D Systems. “Thermal management in the space environment is an ideal application for our DMP technology. These latest projects, in collaboration with the teams at Penn State, Arizona State, and NASA Glenn Research Center, demonstrate the potential of our DMP technology to create lightweight, functional parts that advance the state-of-the-art in thermal management for spacecraft applications. Thermal management is an extremely common engineering challenge and the DMP process can deliver solutions that are effective for many industries including aerospace, automotive, and high-performance computing/AI datacenters.”

    According to Research and Markets3, the global market for additive manufacturing in the aerospace industry was estimated at $1.2 billion in 2023 and is projected to reach $3.8 billion by 2030. Additive manufacturing is making a significant impact by enabling the production of airworthy parts with reduced weight and improved performance. In the last decade alone, 3D Systems has worked alongside aerospace industry leaders to produce more than 2,000 structural titanium or aluminum alloy components for space flight, and over 200 critical passive RF flight parts. There are currently more than 15 satellites in orbit with 3D Systems-produced flight hardware on board. For more information, please visit the Company’s website.

    Forward-Looking Statements
    Certain statements made in this release that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from historical results or from any future results or projections expressed or implied by such forward-looking statements. In many cases, forward-looking statements can be identified by terms such as “believes,” “belief,” “expects,” “may,” “will,” “estimates,” “intends,” “anticipates” or “plans” or the negative of these terms or other comparable terminology. Forward-looking statements are based upon management’s beliefs, assumptions, and current expectations and may include comments as to the company’s beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside the control of the company. The factors described under the headings “Forward-Looking Statements” and “Risk Factors” in the company’s periodic filings with the Securities and Exchange Commission, as well as other factors, could cause actual results to differ materially from those reflected or predicted in forward-looking statements. Although management believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements are not, and should not be relied upon as a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at which such performance or results will be achieved. The forward-looking statements included are made only as of the date of the statement. 3D Systems undertakes no obligation to update or review any forward-looking statements made by management or on its behalf, whether as a result of future developments, subsequent events or circumstances or otherwise, except as required by law.

    About 3D Systems
    For nearly 40 years, Chuck Hull’s curiosity and desire to improve the way products were designed and manufactured gave birth to 3D printing, 3D Systems, and the additive manufacturing industry. Since then, that same spark continues to ignite the 3D Systems team as we work side-by-side with our customers to change the way industries innovate. As a full-service solutions partner, we deliver industry-leading 3D printing technologies, materials and software to high-value markets such as medical and dental; aerospace, space and defense; transportation and motorsports; AI infrastructure; and durable goods. Each application-specific solution is powered by the expertise and passion of our employees who endeavor to achieve our shared goal of Transforming Manufacturing for a Better Future. More information on the company is available at www.3dsystems.com.

    Investor Contact:   investor.relations@3dsystems.com
    Media Contact:      press@3dsystems.com

    1 NASA STMD 80NSSC22K0260 (https://tfaws.nasa.gov/wp-content/uploads/TFAWS2024-PT-3.pdf)

    2 NASA 80NSSC23M0234 (https://govtribe.com/award/federal-contract-award/cooperative-agreement-80nssc23m0234)

    3 Revolutionizing Aerospace: How Additive Manufacturing is Set to Transform the Industry by 2030 (January 2025).

    The MIL Network –

  • MIL-OSI: Vivakor Strengthens Permian Presence with 10 Pipeline Stations, Fueling Revenue and Margin Expansion

    Source: GlobeNewswire (MIL-OSI)

    Dallas, TX, June 03, 2025 (GLOBE NEWSWIRE) — Vivakor, Inc. (Nasdaq: VIVK) (“Vivakor” or the “Company”) is an integrated provider of energy transportation, storage, reuse, and remediation services. Vivakor’s growth strategy is anchored in the Permian and Eagle Ford Basins where the Company is positioned to opportunistically expand its integrated crude oil storage, logistics, and marketing value chains.

    Vivakor owns and operates 10 strategically located pipeline injection stations in the core Permian Basin in Texas and New Mexico. These facilities receive and aggregate crude oil transported by truck from production wells, throughputting volumes into interstate crude oil pipelines that include Centurion (Lotus), Plains Basin Pipeline (PAA), and the West Texas System (EPD).

    Vivakor’s Footprint in the Permian

    “Our facilities position Vivakor as a critical logistics hub in the Permian,” said James Ballengee, Chairman, President, and CEO. “These assets enable us to support increasing volumes from upstream operators, enhance crude blending and compression efficiency, and ultimately drive revenue growth and operating leverage as activity scales.”

    Mr. Ballengee continued, “The Permian continues to be biggest contributor to U.S. production of crude oil and NGLs, supporting international and domestic energy demand. Consistent drilling, quantities produced, and barrels brought to key markets bolster our revenues and business model. Our Permian facilities provide Vivakor with a capital-efficient means of giving producers needed market access while generating a rewarding return on capital for the Company.”

    Vivakor’s infrastructure directly supports its broader strategy to deliver vertically integrated services in one of the world’s most productive oil regions. With the Permian accounting for more than 40% of total U.S. oil output, Vivakor’s expanded operations give it a front-row seat to the sector’s next growth cycle.

    About Vivakor, Inc.

    Vivakor, Inc. is an integrated provider of sustainable energy transportation, storage, reuse, and remediation services, operating one of the largest fleets of oilfield trucking services in the continental United States. Its corporate mission is to develop, acquire, accumulate, and operate assets, properties, and technologies in the energy sector. Vivakor’s integrated facilities assets provide crude oil and produced water gathering, storage, transportation, reuse, and remediation services under long-term contracts.

    Once operational, Vivakor’s oilfield waste remediation facilities will facilitate the recovery, reuse, and disposal of petroleum byproducts and oilfield waste products.

    For more information, please visit our website: http://vivakor.com

    Cautionary Statement Regarding Forward-Looking Statements

    This news release may contain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements. Forward-looking statements may be identified but not limited by the use of the words “anticipates,” “expects,” “intends,” “plans,” “should,” “could,” “would,” “may,” “will,” “believes,” “estimates,” “potential,” or “continue” and variations or similar expressions. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including, but not limited to, pending or expected transaction and ownership structures, the valuation of such transactions, the likelihood and ability of the Company to successfully and timely consummate planned acquisitions, the risk that any required regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect Vivakor or the expected benefits of transactions, our ability to maintain the listing of our securities on The Nasdaq Capital Market, disruption and volatility in the global currency, capital, and credit markets, changes in federal, local and foreign governmental regulation, changes in tax laws and liabilities, tariffs, legal, regulatory, political and economic risks, our ability to successfully develop products, rapid change in our markets, changes in demand for our future products, and general economic conditions.

    These risks and uncertainties include, but are not limited to, risks and uncertainties discussed in Vivakor’s filings with the U.S. Securities and Exchange Commission, which factors may be incorporated herein by reference. Actual results, performance or achievements may differ materially, and potentially adversely, from any projections and forward-looking statements and the assumptions on which those forward-looking statements are based. There can be no assurance that the data contained herein is reflective of future performance to any degree. You are cautioned not to place undue reliance on forward-looking statements as a predictor of future performance as projected financial information and other information are based on estimates and assumptions that are inherently subject to various significant risks, uncertainties and other factors, many of which are beyond our control. All information set forth herein speaks only as of the date hereof in the case of information about Vivakor or the date of such information in the case of information from persons other than Vivakor, 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. Forecasts and estimates regarding Vivakor’s industries and markets are based on sources we believe to be reliable; however, there can be no assurance these forecasts and estimates will prove accurate in whole or in part.

    Investor Contact:
    Phone: (949) 281-2606
    info@vivakor.com

    Attachment

    The MIL Network –

  • MIL-OSI: Primech AI Signs Lease Agreement with Leading Facilities Management Leader for HYTRON LITE Robot Deployment at One of Singapore’s Largest Hospitals

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 03, 2025 (GLOBE NEWSWIRE) — Primech AI Pte. Ltd. (“Primech AI” or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced the signing of a two-year lease agreement with one of the leading facility management service providers for the deployment of its innovative HYTRON LITE autonomous bathroom cleaning robot at one of Singapore’s largest public hospitals.

    The two-year agreement represents a milestone in commercializing Primech AI’s robotics technology. It underscores the growing market demand for advanced cleaning automation in complex, high-traffic environments such as healthcare facilities. This deployment represents another milestone with Primech AI’s entry into the critical healthcare sector, where stringent cleaning and hygiene standards are paramount, confirming the commercial viability of the HYTRON LITE robot for high-stakes environments where consistent sanitization is essential for patient and staff safety.

    “Securing this deployment at one of Singapore’s premier healthcare institutions marks a significant milestone in our commercialization strategy,” said Charles Ng, Co-Founder and Chief Operating Officer at Primech AI. “Healthcare environments demand the highest standards of cleanliness and operational reliability. This deployment demonstrates our HYTRON LITE robot’s capabilities in meeting these exacting requirements while addressing the critical labor challenges faced by the healthcare sector.”

    HYTRON LITE incorporates the NVIDIA Jetson Orin Super, a state-of-the-art System-on-Module (SoM) designed for robust edge AI and robotics applications. Known for its compact size and powerful AI capabilities, the NVIDIA Jetson Orin Super facilitates high-energy efficiency and superior AI processing at the edge. The HYTRON LITE robot will provide autonomous cleaning services, delivering consistent, high-quality sanitization while reducing the manual labor burden on facility management staff. The robot’s advanced features include the self-generation of electrolyzed water for eco-friendly cleaning, contactless and contact-based cleaning capabilities, self-charging systems, automated water handling, air-drying, and floor-mopping functions.

    “This deployment is particularly significant as it allows us to demonstrate our technology’s value in an environment where cleaning quality directly impacts patient outcomes,” added Mr. Ng. “The healthcare sector represents a key growth market for our robotics solutions, and we’re excited to showcase how automation can enhance both operational efficiency and hygiene standards.”

    The first HYTRON LITE robot is scheduled to be delivered by early June 2025, with installation, setup, and training to be provided by Primech AI’s specialized technical team.

    About Primech AI

    Primech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visit www.primech.ai.

    About Primech Holdings Limited

    Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.    

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

    Company Contact:
    Email: ir@primech.com.sg

    Investor Relations Contact:        
    Matthew Abenante, IRC
    President                                        
    Strategic Investor Relations, LLC                                         
    Tel: 347-947-2093
    Email: matthew@strategic-ir.com

    The MIL Network –

  • MIL-OSI: Ingersoll Rand Acquires Lead Fluid, Boosts Regional Growth Strategy in Life Sciences

    Source: GlobeNewswire (MIL-OSI)

    • Execution of bolt-on acquisition supports Ingersoll Rand’s in-region, for-region strategy
    • Acquisition will enhance company capabilities in life science applications
    • Pre-synergy Adjusted EBITDA purchase multiple in low double-digits

    DAVIDSON, N.C., June 03, 2025 (GLOBE NEWSWIRE) — Ingersoll Rand Inc., (NYSE: IR) a global provider of mission-critical flow creation and life science and industrial solutions, has acquired Lead Fluid (Baoding) Intelligent Equipment Manufacturing Co., Ltd. (“Lead Fluid”), reflecting its commitment to an in-region, for-region growth strategy.

    China-based Lead Fluid designs and manufactures advanced fluid-handling products, including peristaltic pumps, syringe pumps, gear pumps, and pump heads, used for life science applications requiring precise fluid delivery, sterile conditions, and gentle handling of sensitive materials. Its annual revenue is approximately $8 million.

    Lead Fluid will join the Life Sciences platform within the Precision and Science Technologies (P&ST) segment.

    “As we continue to execute bolt-on acquisitions that further our in-region, for-region strategy, Lead Fluid is a leading domestic brand with an excellent reputation,” said Vicente Reynal, chairman and chief executive officer of Ingersoll Rand. “This acquisition demonstrates our ability to work directly with family founders to add leading companies to Ingersoll Rand. We look forward to strengthening our life science capabilities in China and the overall durability of our portfolio by increasing our exposure to this high-growth, sustainable end market.”

    About Ingersoll Rand Inc.

    Ingersoll Rand Inc. (NYSE: IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to Making Life Better for our employees, customers, shareholders, and planet. Customers lean on us for exceptional performance and durability in mission-critical flow creation and life science and industrial solutions. Supported by over 80+ respected brands, our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity, and efficiency. For more information, visit www.IRCO.com.

    Forward-Looking Statements
    This news release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to Ingersoll Rand Inc.’s (the “Company” or “Ingersoll Rand”) expectations regarding the performance of its business, its financial results, its liquidity and capital resources and other non-historical statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “forecast,” “outlook,” “target,” “endeavor,” “seek,” “predict,” “intend,” “strategy,” “plan,” “may,” “could,” “should,” “will,” “would,” “will be,” “on track to” “will continue,” “will likely result,” “guidance” or the negative thereof or variations thereon or similar terminology generally intended to identify forward-looking statements. All statements other than historical facts are forward-looking statements.

    These forward-looking statements are based on Ingersoll Rand’s current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from these current expectations. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, (1) adverse impact on our operations and financial performance due to natural disaster, catastrophe, global pandemics (including COVID-19), geopolitical tensions, cyber events or other events outside of our control; (2) unexpected costs, charges or expenses resulting from completed and proposed business combinations; (3) uncertainty of the expected financial performance of the Company; (4) failure to realize the anticipated benefits of completed and proposed business combinations; (5) the ability of the Company to implement its business strategy; (6) difficulties and delays in achieving revenue and cost synergies; (7) inability of the Company to retain and hire key personnel; (8) evolving legal, regulatory and tax regimes; (9) changes in general economic and/or industry specific conditions; (10) actions by third parties, including government agencies; and (11) other risk factors detailed in Ingersoll Rand’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”), as such factors may be updated from time to time in its periodic filings with the SEC, which are available on the SEC’s website at http://www.sec.gov. The foregoing list of important factors is not exclusive.

    Any forward-looking statements speak only as of the date of this release. Ingersoll Rand undertakes no obligation to update any forward-looking statements, whether as a result of new information or development, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

    Contacts:
    Investor Relations:
    Matthew.Fort@irco.com

    Media:
    Sara.Hassell@irco.com

    The MIL Network –

  • MIL-OSI: Standard Lithium, in Partnership with Telescope Innovations, to Produce Next Generation Solid-State Battery Materials

    Source: GlobeNewswire (MIL-OSI)

    NEW AND NOVEL LOW TEMPERATURE IP-PROTECTED METHOD FOR PRODUCING LITHIUM SULFIDE DEVELOPED IN PARTNERSHIP BETWEEN STANDARD LITHIUM AND TELESCOPE INNOVATIONS

    LITHIUM PRODUCTS FROM STANDARD LITIHIUM’S ARKANSAS DEMONSTRATION PLANT USED TO MAKE NEXT GENERATION LITHIUM SULFIDE PRODUCT FOR USE IN SOLID STATE BATTERIES

    VANCOUVER, British Columbia, June 03, 2025 (GLOBE NEWSWIRE) — Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI), a leading near-commercial lithium company, is pleased to announce the successful production of battery quality lithium sulfide as part of a collaboration with Telescope Innovations.

    As previously mentioned (see Aug 28th 2024 news release), Standard Lithium has been working with its research and development partner, Telescope Innovations, to develop new and novel conversion technologies to make next generation battery materials. This new conversion process has now been successfully used to convert lithium hydroxide produced by Standard Lithium at its southern Arkansas Demonstration Plant, into battery quality lithium sulfide (Li2S – see news release dated May 7th 2025). Samples of the lithium sulfide have been shipped to solid-state battery companies in Asia and North America for ongoing testing and validation purposes.

    Standard Lithium’s President and COO, Dr. Andy Robinson commented “this development of new IP and technology with our research partner, Telescope Innovations, exemplifies our approach to becoming the leading new lithium company in North America. Whilst our principle area of focus, and capital allocation, is building the first DLE project in North America at our South West Arkansas Project Phase 1 with our joint venture partner Equinor, we understand that constant technological evolution is integral to staying at the forefront of this rapidly evolving industry. This recent work led by Telescope demonstrates that we are able to take lithium chemicals produced from the Smackover Formation in southern Arkansas, and then transform them into the feedstocks required by the next generation of batteries. Our partnership with Telescope Innovations continues to be a “win-win” for our shareholders and their’s.”

    Lithium sulfide is a key raw material required for many next-generation solid-state battery chemistries (see news release: Toyota works with partners to develop Li2S based batteries), but despite the importance of lithium sulfide in the next generation of battery technology, it is only produced commercially in very small quantities and at very high cost. The technical collaboration between the two teams has resulted in a novel low-temperature patented process that has the following advantages:

    • Feedstock flexibility – both lithium hydroxide and lithium carbonate are viable inputs;
    • Impurity tolerance – allows the use of technical-grade feedstocks;
    • Lower processing temperatures (<100 °C) – reduces equipment complexity and operating costs; and,
    • Enhanced safety in manufacturing – avoids high-temperature conditions and associated thermal risks.

    About Standard Lithium Ltd.

    Standard Lithium is a leading near-commercial lithium development company focused on the sustainable development of a portfolio of large, high-grade lithium-brine properties in the United States. The Company prioritizes projects characterized by high-grade resources, robust infrastructure, skilled labor, and streamlined permitting. Standard Lithium aims to achieve sustainable, commercial-scale lithium production via the application of a scalable and fully integrated Direct Lithium Extraction (“DLE”) and purification process. The Company’s flagship projects are located in the Smackover Formation, a world-class lithium brine asset, focused in Arkansas and Texas. In partnership with global energy leader Equinor, Standard Lithium is advancing the South West Arkansas project, a greenfield project located in southern Arkansas, and actively exploring promising lithium brine prospects in East Texas.

    Standard Lithium trades on both the TSX Venture Exchange and the NYSE American under the symbol “SLI”. Please visit the Company’s website at www.standardlithium.com.

    Investor and Media Inquiries

    Chris Lang
    Standard Lithium Ltd.
    +1 604 409 8154
    investors@standardlithium.com

    X: @standardlithium
    LinkedIn: https://www.linkedin.com/company/standard-lithium/

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to intended development timelines, future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, fluctuations in the market for lithium and its derivatives, changes in exploration costs and government regulation in Canada and the United States, and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

    The MIL Network –

  • MIL-OSI: Syncfusion® Launches Canadian Data Center for BoldSign®

    Source: GlobeNewswire (MIL-OSI)

    RESEARCH TRIANGLE PARK, N.C., June 03, 2025 (GLOBE NEWSWIRE) — Syncfusion, Inc.®, the enterprise technology provider of choice, today announced the launch of a data center in Toronto, Canada, for BoldSign®, the company’s eSignature solution. This expansion lets Canadian organizations using BoldSign comply with local privacy laws and regulatory standards while also enhancing platform performance.

    “Canadian organizations need trusted tools that support compliance and deliver speed,” said Daniel Jebaraj, CEO of Syncfusion. “The investment in a new data center reflects our commitment to delivering a secure, high-performance, affordable eSignature solution to our growing Canadian customer base.”

    Hosting data in Canada aligns with data residency laws and provides faster, more reliable signing experiences. The Toronto data center is certified compliant with SOC 2® standards. It minimizes cross-border data exposure, while Canadian jurisdiction offers added legal clarity and protection.

    The BoldSign platform delivers fast, secure, and scalable eSignature functionality with modern APIs, automated workflows, and audit-ready compliance. With data centers in the U.S., the European Union, and now Canada, as well as qualified electronic signature (QES) certification for EU customers, BoldSign is purpose-built to meet the performance and regulatory needs of global organizations.

    To learn more about compliance and security features in BoldSign and its affordable, transparent pricing, visit https://boldsign.com.

    About Syncfusion, Inc.
    Headquartered in the technology hub of Research Triangle Park, N.C., Syncfusion, Inc.® delivers an award-winning ecosystem of developer control suites, embeddable BI platforms, and business software. Syncfusion was founded in 2001 with a single software component and a mission to support businesses of all sizes—from individual developers and start-ups to Fortune 500 enterprises. Though its pilot product, the Essential Studio® suite, has grown to over 1,900 developer controls, its mission remains the same. With offices in the U.S., India, and Kenya, Syncfusion prioritizes the customer experience by providing feature-rich solutions to help developers and enterprises solve complex problems, save money, and build high-performance, robust applications.

    Contact: Brittany Kearns
    Phone: 571-271-7211
    Email: brittany@crossroadsb2b.com

    The MIL Network –

  • MIL-OSI: Sagtec Unveils AI-Powered Robotics Platform to Redefine Front-of-House Dining Operations

    Source: GlobeNewswire (MIL-OSI)

    KUALA LUMPUR, Malaysia, June 03, 2025 (GLOBE NEWSWIRE) — Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec” or the “Company”), a technology innovator in customizable software and AI systems, today announced the commercial launch of its AI-powered robotics platform, engineered to transform front-of-house operations across the global hospitality sector.

    Designed to address one of the industry’s most pressing challenges: labor-intensive service operations, the platform combines autonomous robotics, proprietary AI algorithms, and real-time software orchestration. With early traction from multinational restaurant groups and franchise chains, Sagtec is positioning this solution as a foundational pillar for intelligent automation in dining environments.

    “This launch represents more than just a new product; it’s a leap forward in hospitality automation. Our AI-powered platform evolves with each deployment, enhancing user experience, brand personalization, and service efficiency. We are targeting over 500 new robotic kiosk subscriptions within the next 12 months, supported by growing demand across Southeast Asia and the Middle East,” said Kevin Ng, Chairman, Executive Director, and Chief Executive Officer of Sagtec.

    Key features of the platform include:

    • Autonomous robotic navigation and AI-driven spatial awareness for seamless, real-time delivery in dynamic restaurant environments
    • Natural language ordering with multilingual voice engagement and facial recognition
    • Precision robotic arm integration for hygienic, consistent delivery
    • Full point-of-sale (POS) software integration enabling real-time syncing with ordering systems
    • Customizable UI/UX for brand-specific voice design, themes, and ambient behaviour.

    The platform is structured to generate high-margin, recurring revenue through multiple monetization streams:

    • Hardware sales and robotic leasing subscriptions
    • Licensing of Sagtec’s proprietary AI software layer, including conversational and behavioral intelligence
    • Predictive diagnostics and tiered maintenance contracts for optimized uptime and support
    • Customization and branding packages tailored to enterprise and franchise clients

    This launch marks a significant expansion of Sagtec’s total addressable market (TAM) and strengthens the Company’s long-term earnings visibility. According to Fortune Business Insights, the global service robotics market is projected to exceed US$90.1 billion by 2032, growing at a compound annual growth rate (CAGR) of 19.2% from 2025. Sagtec’s offering is strategically positioned to capitalize on this momentum, particularly as the hospitality sector faces a projected shortfall of 14 million workers by 2030, according to the World Economic Forum.

    By entering the intelligent robotics space, Sagtec is establishing itself as a key AI systems provider within one of the fastest-growing automation segments. With a scalable SaaS-style licensing model, flexible hardware leasing, and enterprise-grade customization, the Company is building a defensible, multi-layered ecosystem designed to deliver predictable, repeatable revenue growth in the years ahead.

    About Sagtec Global Limited

    Sagtec is a leading provider of customizable software solutions, primarily serving the Food & Beverage (F&B) sector. The Company also offers software development, data management, and social media management to enhance operational efficiency across various industries. Additionally, Sagtec operates power-bank charging stations at 300 locations across Malaysia through its subsidiary, CL Technology (International) Sdn Bhd.

    For more information on the Company, please log on to https://www.sagtec-global.com/.

    Contact Information:

    Sagtec Global Limited Contact:
    Ng Chen Lok
    Chairman, Executive Director & Chief Executive Officer
    Phone: +6011-6217 3661
    Email: info@sagtec-global.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a059645c-52b1-4fe2-8a27-333130176a29

    The MIL Network –

  • MIL-OSI: Employ Unveils Bold AI Companion Strategy—Responsible AI Built for Recruiters, Designed for Impact

    Source: GlobeNewswire (MIL-OSI)

    DENVER, June 03, 2025 (GLOBE NEWSWIRE) — Employ Inc., the market-leading intelligent hiring suite, today announced the launch of its new AI Companion strategy. Leading the rollout is the AI Interview Companion, the first of many purpose-built AI Companions being added to the Employ suite of intelligent hiring solutions. With this launch, Employ is accelerating its innovation roadmap while keeping pace with the rapid evolution of AI.

    Employ’s AI Companions are built to transform hiring by addressing the most critical choke points in the recruiting process, where AI can provide the most value. Embedded directly within an ATS, each Companion is purpose-built to optimize a specific stage, like sourcing, screening or interviewing. Driven by a bold AI strategy and a deep commitment to innovation, Employ is rapidly advancing its solution suite to supercharge recruiter productivity, delivering cutting-edge tools that redefine what’s possible in modern hiring.

    Employ delivers tangible AI power directly into the hiring workflow via: 

    • Better interviews and better hires with AI Interview Companion: From auto-summarized intake meetings to AI-guided interviews, streamline every step and instantly provide feedback into the Lever or Jobvite ATS.
    • Make faster, smarter hiring decisions with Talent Fit: This AI-powered capability instantly analyzes and ranks candidates against job requirements, providing clear, concise explanations for each match.
    • Hire faster with pre-screened, top-ranked applicants while reducing screening burden by up to 40 percent and only paying for results: Smart Screening combined with our exclusive LinkedIn and VONQ CPA+ partnerships delivers pre-qualified, top-ranked applicants—complete with scores and transcripts—directly to the Lever or JazzHR ATS.

    “A recent IDC Research Business Value Snapshot found that organizations using Employ’s products achieved an average of $959,000 in annual benefits—delivering a three-year ROI of 255 percent and payback period of just four months,” said Dara Brenner, Chief Product Officer at Employ. “Building on this proven impact, we’re introducing our new AI Companion strategy, designed to keep recruiters in the driver’s seat and help talent teams foster a more dynamic and human-centric workplace.”

    “Today marks a significant milestone in our Employ innovation story,” said Steve Cox, Chief Executive Officer at Employ. “We recognize the importance of connecting with candidates on a deeper level, building out high-performing teams, and shaping workplaces with intention. That’s why our approach to AI Companions works alongside recruiters, not in place of them. Human oversight, transparency and trust remain at the center of everything we build as AI continues to become a strategic imperative in the recruitment journey.”

    Founder and Chief Analyst at WorkTech, George LaRocque, said, “Employ’s AI Companion strategy is the most comprehensive that I’ve seen to date. It’s a bold, well-timed shift that positions the company at the forefront of talent acquisition innovation as we enter this agentic tech era. By tackling real hiring challenges with enterprise-grade solutions and leading on AI governance through its partnership with IBM, Employ is poised to move the conversation on AI from exciting use cases to real business impact.”

    We’re Not Just Building AI for AI’s Sake—We’re Building It Responsibly

    Every AI innovation Employ delivers is built with watsonx.governance and backed by IBM’s leadership in responsible technology. With always-on support, verification and transparency tools embedded from the start, Employ helps teams scale responsibly and stay in control. As generative and agentic AI adoption accelerates, governance isn’t optional—it’s essential. Without it, risks like data gaps, black-box outcomes and audit failures become everyday problems.

    Brenner continued, “At the core of our AI development is a deep commitment to building technology responsibly and safely, all backed by a foundation of trusted AI you can count on. We believe that the future of AI must be shaped not just by innovation but by integrity, ensuring that every product we design reflects our values and prioritizes the well-being of users and society. From engineering to deployment, our efforts are grounded in a thoughtful approach to risk, transparency and ethical standards, because we understand that real progress can only be achieved when responsibility leads the way.”

    For more from Employ’s Chief Product Officer, Dara Brenner, about this announcement and what’s ahead for Employ, read the company’s latest blog here. To learn more about Employ’s approach to innovation, visit here.

    About Employ
    Employ delivers people-first intelligent hiring solutions that empower companies to overcome their greatest hiring challenges. From startups to Fortune 100 organizations, Employ meets companies where they are—offering tailored solutions that support everything from foundational hiring to advanced talent acquisition strategies. Employ is the only organization to offer companies choice in their hiring technology, providing three unique ATS platforms (JazzHR, Lever, and Jobvite) and AI Companions that work alongside you in your hiring journey. Our intelligent hiring suite is trusted by more than 23,000 customers, including e.l.f. Beauty, Pure Barre, Shutterfly and Spotify. For more information, visit www.employinc.com.

    The MIL Network –

  • MIL-OSI: Zscaler Launches New Solutions to Strengthen and Extend Zero Trust Everywhere

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, June 03, 2025 (GLOBE NEWSWIRE) — Zenith Live Las Vegas — Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced a new suite of solutions that enable customers to quickly adopt Zero Trust Everywhere. These innovations extend the reach of true Zero Trust and enable businesses to modernize and scale securely by providing end-to-end segmentation between and inside branches and enhance security across multi-cloud environments.

    Organizations are increasingly distributed, rapidly adopting IoT, OT, and multi-cloud architectures and grappling with increasing digital complexity. Zscaler has unveiled innovative updates to the Zscaler Zero Trust Exchange™ platform, empowering businesses to extend Zero Trust Everywhere—across users, applications, devices, clouds, and branch locations. These enhancements make an organization’s branches and clouds invisible to bad actors, and eliminate the lateral movement of threats like ransomware within the organization’s network.

    With its expanded capabilities to strengthen Zero Trust Everywhere, Zscaler is advancing its cybersecurity postures, simplifying security network infrastructure, and making it easier for businesses to scale securely in today’s rapidly changing threat landscape.

    The following Zero Trust solutions—highlighted at Zenith Live 2025—are now generally available or accessible for select use cases by Zscaler customers.

    • Unified Appliance for Zero Trust Branch: Zscaler’s Zero Trust Branch redefines enterprise security and networking with a unified appliance that secures communications between branches, campuses, and factories, and segments OT and IoT devices within them including legacy OT, with no downtime. The solution also provides newly introduced disposable jumpboxes that enables contractors secure, time-bound access to critical systems. By eliminating the need for firewalls, legacy NAC, cumbersome VLAN configurations and VDI for remote access, organizations can stop lateral threat movement with unparalleled efficacy. This approach not only elevates security, but also dramatically reduces complexity and costs, empowering businesses to modernize and scale faster without compromise. Unified Appliance for Zero Trust Branch is generally available.
    • Zero Trust Gateway for Cloud Workloads: This cloud-native service on AWS enables organizations to secure communications from workload to the internet, and East-West traffic between workloads and VPCs/VNETs, in under 10 minutes without deploying agents or VMs with a Zscaler managed offering. This strengthens security in hybrid and multi-cloud environments, allowing organizations to reduce the attack surface associated with firewalls, and eliminate complexity and secure workload communications. Zero Trust Gateway is generally available.
    • Zscaler Microsegmentation for Cloud Workloads: Zscaler further extends AI-driven segmentation to cloud workloads with newly introduced host-based Microsegmentation service that provides granular host and process level segmentation policies using its AI- powered Segmentation engine for Workloads in public clouds such as AWS and Azure as well as on-premise Data Center based workloads that run on bare metal. Zscaler Workload agent provides process and workload level metrics, traffic flows as well device context, that protects crown jewels against lateral threats and compromise. Zscaler Microsegmentation is generally available.
    • Zero Trust Exchange for B2B: The introduction of B2B Exchange revolutionizes secure collaboration by providing a cutting-edge app-sharing platform for partner organizations, eliminating the need for outdated technologies like MPLS circuits or VPNs that come with complexity and the risk of oversharing. This solution accelerates seamless, secure connections between enterprises, empowering organizations to drive faster, more efficient mergers, acquisitions, and partnerships while safeguarding sensitive data. Zero Trust Exchange for B2B is available for select use cases, with extended capabilities coming soon.

    “Zscaler’s latest innovations for the Zero Trust Exchange truly extends Zero Trust Everywhere beyond users and redefines the enterprise security and networking by seamlessly unifying operations, strengthening threat defenses, and enabling secure connectivity across users, devices, applications, branches, and clouds with better visibility and experience—no matter how complex or distributed the environment,” said Dhawal Sharma, EVP Product Strategy, Zscaler. “With this expanded Zero Trust Everywhere approach, organizations can accelerate security modernization, mitigate risks, and protect data everywhere business happens.”

    Forward-Looking Statements
    This press release contains forward-looking statements that are based on our management’s beliefs and assumptions and on information currently available to our management. These forward-looking statements include the expectations, beliefs, plans, and intentions relating to new innovations Zscaler is developing. Such statements include statements regarding future product capabilities and offerings and expected benefits to Zscaler and its customers. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. A significant number of factors could cause actual results to differ materially from statements made in this press release, including (i) delays and unexpected difficulties and expenses in executing the product capabilities and offerings and (ii) uncertainty as to whether future sales will justify the investments in the product capabilities and offerings. Additional risks and uncertainties are set forth in our most recent Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (“SEC”) on May 29, 2025, which is available on our website at ir.zscaler.com and on the SEC’s website at www.sec.gov. Any forward-looking statements in this release are based on the limited information currently available to Zscaler as of the date hereof, which is subject to change, and Zscaler will not necessarily update the information, even if new information becomes available in the future.

    About Zscaler
    Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more agile, efficient, resilient, and secure. The Zscaler Zero Trust Exchange™ platform protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Distributed across more than 150 data centers globally, the SASE-based Zero Trust Exchange™ is the world’s largest in-line cloud security platform.

    Media Contact 
    Nick Gonzalez
    Sr. Manager, Media Relations
    press@zscaler.com

    The MIL Network –

  • MIL-OSI: Ehave Snaps Up AI Headhunter for $10M, Signaling Commitment to AI

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, June 03, 2025 (GLOBE NEWSWIRE) — Ehave, Inc., (OTC Pink: EHVVF) (the “Company”) today announced the acquisition of AIHeadHunter, an artificial intelligence-powered recruitment platform, through an asset purchase agreement. The transaction marks a significant step in Ehave’s strategic shift toward becoming a developer and operator of applied AI solutions.

    Under the terms of the agreement, Ehave acquired the assets of AIHeadHunter from Klizo Ventures Inc. The acquired assets include proprietary software, intellectual property, branding, domain names, and other related technologies and materials. The purchase price consists of $2.7 million in newly created Series A Convertible Preferred Stock and 100 million shares of common stock. The Preferred Stock is convertible into common shares at a rate determined by a volume-weighted average price formula and is subject to shareholder approval of an amendment to Ehave’s articles of incorporation. As a result of the transaction, Klizo Ventures Inc. will own more than 5% of Ehave’s outstanding shares and be considered an affiliate under applicable securities regulations.

    The agreement also includes performance-based earnouts of up to $7 million in additional Preferred Stock, tied to specific revenue and customer milestones.

    Ben Kaplan, CEO of Ehave, said, “This acquisition positions us to capitalize on the tremendous opportunity in workforce automation and AI-driven recruitment. Our long-term vision is to incubate and scale platforms like AIHeadHunter that solve real-world inefficiencies.”

    Since its last public update on Dec. 31, 2024, Ehave has been operating intentionally under the radar while executing a strategic realignment. Behind the scenes, the company has been focused on structuring several game-changing transactions to accelerate its evolution into a data-driven technology platform. The acquisition of AIHeadHunter marks the first in a series of planned initiatives aimed at delivering intelligent, AI-powered solutions. As Ehave transitions into a company committed to transforming the way people live and work through artificial intelligence, it remains focused on developing practical, user-centric tools that turn raw data into meaningful insights.

    “This is just the beginning,” Ben Kaplan continued. “We are rebuilding Ehave from the inside out and our process is driven by intelligent systems designed to solve real, large-scale problems.”

    A video accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/f88b0e8d-6997-4ac9-bfdc-da2cf6a61c2a

    AIHeadHunter Targets Recruitment Inefficiencies

    The global staffing and recruiting market, valued between $619 billion and $757 billion in 2024, is projected to exceed $2 trillion by 2033, growing at a compound annual rate of approximately 13%. Yet despite its size, the industry remains burdened by inefficiencies: the average time to fill a position is 44 days, often surpassing 60 days for high-skill roles, and the average cost per hire is $4,700, excluding onboarding and ramp-up costs. According to Klizo Solutions analysis, recruiters still spend up to 70% of their week on manual sourcing and resume screening, while 60% of job seekers abandon applications when the process is too long or complex. With Gartner forecasting that over 40% of enterprise recruiting tasks will be fully automated by 2026, platforms like AIHeadHunter are well positioned to shorten fill times, cut sourcing costs, and capture meaningful share in a rapidly growing, multibillion-dollar market.

    AIHeadHunter is designed to streamline executive recruitment and talent sourcing through automation and advanced data analysis. The platform will be powered by technology licensed from Interview Screener, a backend AI interview and resume analysis platform built by Klizo Solutions founder Joey Ricard.

    Ehave has established a wholly owned subsidiary to operate AIHeadHunter, with Ricard appointed as president. Ricard brings more than a decade of experience in building scalable AI infrastructure for Fortune 500 companies and public agencies.

    Joey Ricard, founder of Klizo Solutions and President of Ehave’s new AI subsidiary, said, “The recruiting industry is overdue for intelligent automation. With AIHeadHunter, we’re not just digitizing old processes—we’re fundamentally rethinking how talent is discovered, qualified, and delivered. This platform is built to solve real bottlenecks for recruiters and hiring teams, and we’re excited to bring it to market with Ehave.”

    “Joey is more than just a technologist—he’s a proven product visionary and operator,” Kaplan said. “He will lead roadmap development, integration and go-to-market strategy across our AI initiatives.”

    Regulatory Progress and Market Expansion

    Ehave is currently compliant with the OTC Markets’ new OTCID (OTC Issuer Data) requirements, ensuring enhanced transparency and reporting standards for investors. The company also plans to apply for uplisting to the OTCQB Venture Market, a designation that offers increased visibility and credibility with institutional and retail investors.

    Funding and Go-to-Market Plans

    Ehave intends to fund the new subsidiary using proceeds from a planned Regulation A offering, with an initial $1 million budget over 12 months. The company expects AIHeadHunter to launch its enterprise pilots and SaaS offering in the third quarter of 2025.

    About Ehave Inc.

    Ehave Inc. (OTC: EHVVF) is a data-focused technology company committed to transforming the way people live and work through artificial intelligence. With a mission to make data behave, Ehave develops practical, user-centric solutions that convert raw information into actionable insights. The company is focused on bridging the gap between cutting-edge AI advancements and their real-world applications, building tools that deliver tangible value for individuals and businesses alike. For more information, visit www.ehave.com. Follow Ehave, Inc. on X at https://x.com/Ehaveinc.

    Forward-Looking Statement Disclaimer

    This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Forward-looking statements are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company’s control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements: (i) the initiation, timing, progress and results of the Company’s research, manufacturing and other development efforts; (ii) the Company’s ability to advance its products to successfully complete development and commercialization; (iii) the manufacturing, development, commercialization, and market acceptance of the Company’s products; (iv) the lack of sufficient funding to finance the product development and business operations; (v) competitive companies and technologies within the Company’s industry and introduction of competing products; (vi) the Company’s ability to establish and maintain corporate collaborations; (vii) loss of key management personnel; (viii) the scope of protection the Company is able to establish and maintain for intellectual property rights covering its products and its ability to operate its business without infringing the intellectual property rights of others; (ix) potential failure to comply with applicable health information privacy and security laws and other state and federal privacy and security laws; and (x) the difficulty of predicting actions of the USA FDA and its regulations. All forward-looking statements included in this press release are made only as of the date of this press release. The Company assumes no obligation to update any written or oral forward-looking statement unless required by law. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is contained under the heading “Risk Factors” in Ehave, Inc.’s Registration Statement on Form F-1 filed with the Securities and Exchange Commission (SEC) on September 24, 2015, as amended, which is available on the SEC’s website, http://www.sec.gov.

    For Media and Investor Relations, please contact:

    David L. Kugelman
    (866) 692-6847 Toll Free – U.S. & Canada
    (404) 281-8556 Mobile and WhatsApp
    Email: Ir@Ehave.com

    The MIL Network –

  • MIL-OSI: Financial Health Network Launches First-Ever Financial Industry Standards at its Flagship EMERGE Conference

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, June 03, 2025 (GLOBE NEWSWIRE) — The Financial Health Network today unveiled at this year’s EMERGE conference the first-ever product design standards for the financial industry, an essential step toward integrating financial health into financial solutions. During her keynote, Financial Health Network CEO Jennifer Tescher announced the FinHealth Standards for Spending Management Products, an operational playbook for checking accounts and credit cards, designed to help financial services providers advance customer financial health amid rising economic pressure, a shifting consumer protection landscape, and eroding public trust. Future installments will introduce standards for a broader range of financial products.

    Inspired by quality benchmarks in other sectors such as healthcare and digital privacy, the new standards provide banks, credit unions, and fintechs with clear, actionable guidance across three critical areas: account features, account policies, and customer onboarding and access. They provide a roadmap for excellence that helps institutions assess their impact, strengthen performance, and demonstrate leadership—delivering value to both businesses and the consumers they serve.

    “With more than half of Americans spending as much or more than their income, and nearly a third falling behind on at least one bill payment, the stakes could not be higher,” said Tescher, citing data from the 2024 Financial Health Pulse® Trends Report. “In today’s relaxed regulatory environment, these standards give providers the clarity and confidence to act, turning good intentions into measurable outcomes that build consumer trust and strengthen institutional credibility. By deepening customer relationships and enhancing brand reputation, they drive growth, retention, and long-term profitability.”

    Designed to be flexible and scalable across institutions of all sizes and technical capacities, the standards support a range of applications, including advanced balance forecasting tools and fee waivers tied to customer behaviors rather than minimum balances. The standards also include evaluation scorecards to help institutions assess current offerings and prioritize improvements.

    “Consumer expectations are shifting, and leading institutions recognize that meeting financial health needs is no longer optional,” said Financial Health Network’s Vice President, Financial Services Solutions, Marisa Walster. “This initiative reflects where the industry is headed—toward greater accountability and deeper impact. These standards are intentionally designed to be adaptable, offering pathways for both steady progress and transformative change. This isn’t about compliance, it’s about building a system where financial health is the norm, rather than the exception.”

    Developed through extensive research, behavioral science insights, and collaboration with financial institutions and policy advisors, the standards align with the Financial Health Network’s broader strategy to embed financial health across the financial ecosystem. They complement the Financial Health Pulse data, which continues to track financial health across the U.S., and highlight the urgent need for systemic innovation.

    Today’s announcement marks the first in a series of FinHealth Standards that will be released, expanding across all pillars of financial health: saving, borrowing, and planning products. Future installments will cover a wide range of financial products, such as savings accounts, loans, and other money management tools. Later this year, the Financial Health Network will also publish an initial assessment evaluating how the industry aligns with the standards to help inspire action, foster innovation, and accelerate adoption. The Financial Health Network invites financial services providers to engage with the standards, assess their current practices, and help shape a future where financial health is a core measure of institutional performance.

    About the Financial Health Network
    The Financial Health Network is the leading authority on financial health. We are a trusted resource for business leaders, policymakers, and innovators united in a mission to improve the financial health of their customers, employees, and communities. Through research, advisory services, measurement tools, and opportunities for cross-sector collaboration, we advance awareness, understanding, and proven best practices in support of improved financial health for all. For more on the Financial Health Network, go to www.finhealthnetwork.org and follow us on Twitter at @FinHealthNet.

    Contact:
    Catherine New
    Financial Health Network 
    cnew@finhealthnetwork.org 

    The MIL Network –

  • MIL-OSI: Skyward Specialty Launches Aviation Unit Following Acquisition of Acceleration Aviation Underwriters’ Assets

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, June 03, 2025 (GLOBE NEWSWIRE) — Skyward Specialty Insurance Group, Inc.TM (Nasdaq: SKWD) (“Skyward Specialty” or “the Company”) a leader in the specialty property and casualty (P&C) market, announced its entry into the specialized aviation market with the launch of a new Aviation underwriting unit. The expansion follows the Company’s acquisition of the assets of Acceleration Aviation Underwriters (“Acceleration”) and builds on a strategic partnership between the two companies initiated last year.

    This move marks a bold step forward in the Company’s ongoing growth strategy, leveraging technology and data-driven underwriting to expand into highly specialized and underserved markets.

    “For the Acceleration team, this is the culmination of our decades long career, and I am very proud to join Skyward Specialty to see our legacy continue,” said Chris Jones, founder of Acceleration Aviation Underwriters. “With Skyward Specialty’s growth-driven strategy and our deep underwriting knowledge, we have the backing and scale to realize the full potential of our business. I am very excited to be part of this next phase in Acceleration’s future and establish Skyward Specialty’s place in the aviation market.”

    With the acquisition, Skyward Specialty gains a seasoned team of aviation experts with a proven track record of success in niche, underserved segments, which is an ideal complement to the Company’s focus on complex and hard-to-place risks.

    “Over the past couple of years, we have built a terrific relationship with the Acceleration team including as a program manager writing on behalf of Skyward Specialty. They’ve carved out a smart, sustainable niche, particularly in smaller, overlooked risks within the aviation market and we find this is fits well within our strategy,” said Andrew Robinson, Chairman & CEO of Skyward Specialty. “By combining their deep expertise with our advanced analytics and tech-enabled underwriting capabilities, we are well positioned to scale this business and strengthen our position in the aviation market. This integration further reflects our commitment to our strategy to invest in specialty markets where insights, precision and innovation drive lasting value.”

    About Skyward Specialty
    Skyward Specialty (Nasdaq: SKWD) is a rapidly growing and innovative specialty insurance company, delivering commercial property and casualty products and solutions on a non-admitted and admitted basis. The Company operates through nine underwriting divisions — Accident & Health, Agriculture and Credit (Re)insurance, Captives, Construction & Energy Solutions, Global Property, Professional Lines, Specialty Programs, Surety and Transactional E&S.

    Skyward Specialty’s subsidiary insurance companies consist of Great Midwest Insurance Company, Houston Specialty Insurance Company, Imperium Insurance Company, and Oklahoma Specialty Insurance Company. These insurance companies are rated A (Excellent) with a stable outlook by A.M. Best Company. For more information about Skyward Specialty, its people, and its products, please visit skywardinsurance.com.

    Media Contact
    Haley Doughty
    Skyward Specialty Insurance Group
    713-935-4944
    hdoughty@skywardinsurance.com

    Investor Contact
    Natalie Schoolcraft
    Skyward Specialty Insurance Group
    614-494-4988
    nschoolcraft@skywardinsurance.com

    The MIL Network –

  • MIL-OSI: Apollo to Present at the Morgan Stanley 2025 US Financials Conference

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that Martin Kelly, Chief Financial Officer, will participate in a fireside chat at the Morgan Stanley 2025 US Financials Conference on Wednesday, June 11, 2025 at 7:30 am EDT.

    A live webcast of the event will be available on Apollo’s Investor Relations website at ir.apollo.com. For those unable to join live, a replay will be available shortly after the event.

    About Apollo

    Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of March 31, 2025, Apollo had approximately $785 billion of assets under management. To learn more, please visit www.apollo.com.

    Contacts

    Noah Gunn
    Global Head of Investor Relations
    Apollo Global Management, Inc.
    (212) 822-0540
    IR@apollo.com

    Joanna Rose
    Global Head of Corporate Communications
    Apollo Global Management, Inc.
    (212) 822-0491
    Communications@apollo.com

    The MIL Network –

  • MIL-OSI: Keeping Pace with Evolving Security Features: Regula Upgrades the 4306 Comparator for Advanced Forensics

    Source: GlobeNewswire (MIL-OSI)

    RESTON, Va., June 03, 2025 (GLOBE NEWSWIRE) — Regula’s top-selling video spectral comparator has undergone a major redesign to meet the growing complexity of modern-day document examination. The new modification Regula 4306M incorporates enhanced light sources and a high-resolution camera, ensuring forensic experts can detect even the most intricate protective elements. This upgrade strengthens document examination capabilities across forensic labs, border control points, and law enforcement agencies.

    The upgraded video spectral comparator Regula 4306M

    The Regula 4306M boasts a wide spectrum of different light sources, including ones new to this model. Among such light modes are:

    • Newly developed multifunctional coaxial light that enables the visualization of embossing, retroreflective security features, and polycarbonate reliefs.
    • Enhanced Anti-Stokes visualization with long exposure that helps forensic experts to detect previously invisible luminescence details, crucial for examining advanced security elements.
    • Intensified diffused white light source to optimize the visualization of DID (diffractive identification) security elements and OVD (optical variable device) effects that change color or image depending on the angle of observation.

    “Document examination heavily depends on the quality of visualization. The more accurately a forensic device captures fine details, the more effective the analysis becomes. Elements like microprinting, watermarks, and optically variable features are designed to be difficult to replicate, but nothing is impossible for fraudsters. Without the right visualization techniques, even the most experienced experts may miss critical signs of forgery. That is why we invest so much research and development into constantly upgrading our devices,” explains Alex Lewanowicz, Director of Hardware Engineering at Regula.

    To maximize the examination capabilities, Regula 4306M provides:

    • 60x magnification and up to 18,900 ppi for document images thanks to its custom-designed high-resolution built-in 8 MP camera.
    • 40+ light sources covering even the rarest document examination scenarios.
    • 100% LED-based illumination for precision lighting control.
    • 3D visualization for analyzing surface relief, intersecting strokes, and printing techniques.
    • Large-object examination capabilities, allowing experts to inspect not only identity documents and banknotes, but oversized objects as well.

    The new Regula 4306M is controlled via Regula Forensic Studio operating software, an out-of-the-box cross-platform solution that facilitates document examination and creates a smooth user experience. Powered by Regula Document Reader SDK, this software makes it possible to fully automate ID authenticity verification: the device can recognize the document type and validate all its data from the MRZ, RFID chip, and barcodes in mere seconds with zero risk of human-related errors.

    Most importantly, the upgraded Regula 4306M delivers versatile capabilities for in-depth document examination in a space-saving and cost-efficient form, which makes it an affordable solution for any forensic lab.

    For more information about the capabilities of the redesigned Regula 4306M, visit Regula’s official website.

    About Regula

    Regula is a global developer of forensic devices and identity verification solutions. With our 30+ years of experience in forensic research and the most comprehensive library of document templates in the world, we create breakthrough technologies for document and biometric verification. Our hardware and software solutions allow over 1,000 organizations and 80 border control authorities globally to provide top-notch client service without compromising safety, security, or speed. Regula has been repeatedly named a Representative Vendor in the Gartner® Market Guide for Identity Verification.

    Learn more at www.regulaforensics.com.

    Contact:
    Kristina – ks@regulaforensics.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/409ad273-8cca-41af-be70-21aa1516836f

    The MIL Network –

  • MIL-OSI: Provident Bank Mid-Year Survey Shows Business Owners Balancing Tariff Concerns with Economic Optimism

    Source: GlobeNewswire (MIL-OSI)

    ISELIN, N.J., June 03, 2025 (GLOBE NEWSWIRE) — Provident Bank, a leading New Jersey-based financial institution, has released the results of its Mid-Year Business Outlook Survey, taking stock of business owner sentiment as they navigate a nuanced macroeconomic environment dominated by looming tariffs. This year’s survey revealed positivity around the economy, with lingering concerns around the impact of tariffs and businesses making short-term decisions that reflect this uncertainty.

    Business owners believe the economy will grow, yet there is mixed sentiment around tariffs.
    Overall, business owners believe the economy will grow in the back half of 2025, yet their view of tariffs is less positive. While the full effect of tariffs has yet to be felt, general sentiment is that they aren’t good for the economy.

    • Over 60% of businesses believe the economy will grow over the next six months. Yet, there is a clear level of dissatisfaction with the ongoing tariff policies, as over 55% of respondents believe they’re having a negative impact on the United States.
    • Over 70% of respondents are “very” to “moderately” concerned about the impact of tariffs on their businesses. However, the impact to date has been minimal, with over 80% of businesses saying there has been “somewhat of an impact” or “none”.
    • When looking at tariffs across the board, over 35% said to keep tariffs in some capacity, 45% said to eliminate them altogether, and just under 20% said to keep them as proposed. Over 50% of respondents said tariffs are making the United States weaker.

    Businesses anticipate tariff consequences, though the full effect is yet to be seen.
    Most business owners expect tariffs to affect their revenue, with many using careful inventory management and sales promotions to lessen the potential effect. Regarding future planning, respondents noted delaying capital expenditures, and most reported no change in hiring practices.

    • Over half of respondents believe that tariffs will, in some capacity, decrease their business’ revenue.
    • Responses to inventory adjustments were closely split. 32.55% noted that they have adjusted their inventory levels, and 31.69% are still evaluating.
    • Regarding hiring, just under 30% are planning to halt hiring, while nearly 50% say that their hiring plans remain unchanged.
    • Most business owners aren’t taking immediate action on sales promotions to account for weaker demand, with 34% taking no action and just over 30% still evaluating.
    • The slight majority (41.68%) of respondents are planning to delay major capital expenditures. In addition, just over 37% of businesses expect to pass the cost of tariffs onto their customers, and just under 30% expect to absorb the cost.

    “Despite business owners voicing concerns about tariffs, our survey demonstrates a positive growth outlook in the near future,” stated Bill Fink, Executive Vice President, Chief Lending Officer at Provident Bank. “We’re observing businesses strategically adapting to this environment by proactively managing inventory and planning capital expenditures. At Provident Bank, we deeply understand our clients’ businesses through close partnerships, which allows us to effectively address their unique challenges. We are dedicated to providing the financial support and resources they need to thrive in today’s dynamic lending landscape, leveraging our in-depth knowledge of their operations.”

    The survey was conducted by Pollfish, a market research provider, on behalf of Provident Bank. The findings are based on responses from 1,000 business owners and senior executives in the U.S. working for companies with over $1M in annual revenue. To access the full findings, please contact Provident Bank’s Public Relations Agency, Vested, at providentbank@fullyvested.com.

    About Provident Bank
    Founded in Jersey City in 1839, Provident Bank is the oldest community-focused financial institution based in New Jersey and is the wholly owned subsidiary of Provident Financial Services, Inc. (NYSE:PFS). With assets of $24.22 billion as of March 31, 2025, Provident Bank offers a wide range of customized financial solutions for businesses and consumers with an exceptional customer experience delivered through its convenient network of more than 140 branches across New Jersey and parts of New York and Pennsylvania, via mobile and online banking, and from its customer contact center. The bank also provides fiduciary and wealth management services through its wholly owned subsidiary, Beacon Trust Company, and insurance services through its wholly owned subsidiary, Provident Protection Plus, Inc. To learn more about Provident Bank, go to www.provident.bank or call our customer contact center at 800.448.7768.

    Media Contact:
    Keith Buscio – Keith.Buscio@provident.bank
    Vested – Providentbank@fullyvested.com

    The MIL Network –

  • MIL-OSI: New Data Demonstrates Significant Clinical and Quality-of-Life Benefits of Flexitouch® Plus in Treating Lymphedema Among Head and Neck Cancer Survivors

    Source: GlobeNewswire (MIL-OSI)

    MINNEAPOLIS, June 03, 2025 (GLOBE NEWSWIRE) — Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chronic disorders, today announced the presentation of new clinical data at the American Society of Clinical Oncology (ASCO) 2025 Annual Meeting that demonstrates significant clinical and quality-of-life benefits associated with use of the Company’s Flexitouch Plus versus usual care in treating patients with head and neck cancer-related lymphedema.

    “Current modalities for managing head and neck cancer-related lymphedema include therapist guided lymphedema treatment and lifelong home-based self-care. However, data shows that patients face substantial barriers to accessing these modalities, which limits the number of patients receiving treatment and delaying therapy initiation for those who do,” said Principal Investigator, Barbara Murphy, MD, Professor of Medicine, Director, Head and Neck Research Program, and Director, Pain and Symptom Management Program at Vanderbilt-Ingram Cancer Center. “Our study found that advanced pneumatic pump technology provides a feasible alternative that reduces swelling, increases speed to initial therapy, and generates strong quality-of-life outcomes.”

    The two-month analysis featured data from the Company’s six-month clinical trial, which examines the effectiveness of Flexitouch Plus, an advanced pneumatic compression device (APCD), versus usual care in treating lymphedema among head and neck cancer survivors. The study includes 236 subjects across 10 academic and community sites, representing the largest prospective, randomized controlled study on this patient group ever conducted in the United States. Outcome measures include changes in disease-specific patient-reported symptom survey scores and objective clinical assessments, including CT imaging.

    Two-month data demonstrated that usual care and APCD are similarly effective treatment modalities for head and neck lymphedema. Specific areas of differentiation showed:

    • Usual care participants took an average of 29.8 days to begin therapist guided lymphedema treatment (TGLT), while APCD participants received their device in 17.9 days;
    • Of participants randomized to usual care, only 71% received TGLT compared to 94.9% of those in the APCD group;
    • APCD participants had significant reduction in swelling via digital photography and total Head and Neck Cancer Related Lymphedema and Fibrosis Grading (HN-LEFG) scores while usual care participants exhibited marginal improvements; and
    • Self-reported symptom improvement occurred in both groups, with APCD demonstrating significant improvement on three of the six health-related quality-of-life sub scales.

    “Tactile is committed to elevating lymphedema therapy with meaningful evidence generation, and these early results validate Flexitouch Plus as an effective option in treating head and neck cancer-related lymphedema,” said Sheri Dodd, Chief Executive Officer of Tactile Medical. “90% of head and neck cancer survivors will develop lymphedema, and we are pleased to provide a solution that supports the patient’s needs and timeline for effective symptom management. We look forward to the six-month results from this significant trial later this year. We expect this to support more expansive reimbursement coverage by commercial payers, inform clinical guidelines, and drive broader patient and provider awareness, ultimately improving access to care.”

    Flexitouch Plus is an FDA-cleared therapy designed for at-home treatment of lymphedema, chronic edema, chronic venous insufficiency (CVI), and chronic wounds.*

    About Tactile Systems Technology, Inc. (DBA Tactile Medical)

    Tactile Medical is a leader in developing and marketing at-home therapies for people suffering from underserved, chronic conditions including lymphedema, lipedema, chronic venous insufficiency and chronic pulmonary disease by helping them live better and care for themselves at home. Tactile Medical collaborates with clinicians to expand clinical evidence, raise awareness, increase access to care, reduce overall healthcare costs and improve the quality of life for tens of thousands of patients each year.

    Investor Inquiries:
    Sam Bentzinger
    Gilmartin Group
    investorrelations@tactilemedical.com

    *Individual results may vary. For full prescribing information, including contraindications, warnings and instructions for use, please visit www.tactilemedical.com

    The MIL Network –

  • MIL-OSI: Industry Heavyweights Join Orchid Security to Break the Bonds Holding Back IAM Innovation

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) — Orchid Security, the company bringing clarity to the complexity of enterprise identity security, today announced the addition of four renowned identity and access management (IAM) experts to its leadership and advisory board: Tal Herman, Darran Rolls, Karl McGuinness and Oliver Newbury. Together, they aim to help Orchid Security revolutionize the IAM landscape, an industry long constrained by the costly and time-consuming nature of manual implementation. With advances in AI, Orchid is fundamentally redesigning how enterprises consume identity – an imperative shift in today’s uncertain business environment.

    An industry whose remarkable innovation has been held back by the manual process of implementation – a time-consuming, expensive and increasingly incomplete process spanning years for each new identity technology. This fundamental redesigned approach to the way organizations consume identity is not only possible now with advances, but also imperative, given the uncertain business environment and emphasis on sound financial management at most every enterprise.

    Industry-Leading Experts Driving the Change

    Tal Herman, Chief Product Officer, Orchid Security
    With nearly two decades of experience in enterprise identity – at CA Technologies and later as a product manager at OneLogin, ForgeRock and most recently Okta – Tal Herman brings both end user and technology vendor experience to Orchid Security. At Okta, she led strategy for the Privilege Access Management (PAM) and Identity Governance and Administration (IGA) product lines, guiding strategic vision and direction for multiple product units. Across companies, Herman has brought innovative identity offerings from initial concept to reality to mainstream market adoption by millions of users.

    “What I really love about Orchid is that we tackle the hard problems first,” said Herman. “We’re using modern advances like observability, prompt engineering and LLMs to automate what has historically been a manual grind. Orchid bridges that gap by automating what was once manual and unlocking innovation across the identity stack. I am excited that identity is where it belongs – at the center of everything. There is no place other than Orchid Security that I would rather be.”

    Karl McGuinness, Orchid Advisor
    Tal is joined by former Okta colleague, Karl McGuinness, who served as their SVP and Chief Product Architect, instrumental in building the core identity services and APIs that provide the foundation of Okta identity layer ー a key force that shaped Okta into the industry leader it is today. Karl has over 15 years of experience building and scaling mission critical identity infrastructure as a developer, software architect and product owner.

    “Orchid is fundamentally changing the game,” said McGuinness. “By using AI to onboard applications with context and at scale, Orchid unlocks the massive value that’s currently unrealized in today’s IAM tools.”

    Darran Rolls, Orchid Advisor
    Former SailPoint CTO and CISO, Darran Rolls, also joins the advisory board. Rolls brings 25 years of leadership across Tivoli Systems-IBM, Waveset Technologies, Sun Microsystems and SailPoint. Darran brings unmatched depth in IAM architecture and innovation and his tenure in the IAM space has made him a fervent believer in the mantra that “you can’t manage what you don’t see.”

    “Traditional IAM is great for managing the things you know about and have brought into your program scope, but it’s the unknown-unknowns that pose the greatest risk,” said Rolls. “Orchid brings a unique perspective to the process of application discovery, prioritization, integration and remediation. By leveraging their new approach and next-gen AI-enabled capabilities, Orchid has the potential to change the way we think about identity controls and lifecycle management.”

    Oliver Newbury, Orchid Advisor
    With over 15 years as CISO and CTO at Barclays and BT, Oliver Newbury brings deep enterprise executive experience to the group. Now a Senior Advisor with TPG Capital, Newbury knows firsthand the challenge of implementing identity tools in complex global environments.

    “The great identity innovation has been held back by the greater challenge of identity implementation,” said Newbury. “Orchid is solving that challenge with automation, fully delivering on the promise of modern IAM.”

    A New Chapter for Enterprise Identity

    As enterprises face increasing pressure to do more with less, Orchid Security’s AI-driven approach to IAM offers a timely and transformative solution – one where enterprise identity can be discovered, onboarded and optimized autonomously. This shift not only streamlines operations but returns millions in prospective cost savings to the average enterprise while improving their identity security posture.

    About Orchid
    Orchid Security is an identity security orchestration platform—leveraging Open Telemetry, Prompt Engineering and Large Language Models (LLMs)—to unify and secure complex identity environments across enterprises. Founded by AI and cybersecurity experts Roy Katmor, Robert Weisman, and Ido Kelson, and backed by Intel Capital and Team8, Orchid enables large organizations to reduce the costs and effort of identity and access management (IAM), while maintaining compliance and security across their digital infrastructure. Its platform facilitates the continuous discovery of both self-hosted and SaaS applications, assessment of their native identity controls (and gaps), and remediation of compliance and cyber exposure from a single point of control—without extensive effort or application recoding.

    Media Contact
    Chloe Amante
    Montner Tech PR
    camante@montner.com

    The MIL Network –

  • MIL-OSI: Intermex and Houston Dynamo FC Partner to Celebrate Latino Heritage and the Spirit of Fútbol

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, June 03, 2025 (GLOBE NEWSWIRE) —  International Money Express, Inc. (NASDAQ: IMXI) (“Intermex” or the “Company”, a leading money remittance provider to Latin America and the Caribbean, today announced a new official partnership with Houston Dynamo FC, one of Major League Soccer’s most community-driven teams. This collaboration unites two organizations deeply committed to uplifting and celebrating Latino culture through the unifying passion of soccer.

    Soccer is the fastest-growing sport in the United States, with more than 85 million fans nationwide. In Houston, a city where over 45% of the population identifies as Latino, the connection runs even deeper. Latino fans make up nearly 70% of the MLS audience, making the city a natural home for this partnership. Together, Intermex and Houston Dynamo FC aim to champion cultural pride, family connection, and community empowerment.

    “Intermex is the only remittance company built by Latinos for Latinos. Partnering with Houston Dynamo FC allows us to celebrate that shared heritage and connect with our customers beyond financial services, through a sport that speaks to identity, passion, and tradition,” said Marcelo Theodoro, Chief Product, Marketing & Digital Officer at Intermex.

    “We are thrilled to welcome Intermex to the club, they are a cutting-edge organization that shares our commitment to elevating our community and fostering civic pride,” Dynamo Vice President of Corporate Partnerships, Ben Carruthers said. “Intermex’s dedication to serving diverse communities aligns perfectly with our mission both on and off the pitch. Together, we look forward to delivering exciting experiences to our fans and supporting the vibrant, diverse culture synonymous with our city.” Through this partnership, Intermex and Houston Dynamo FC will collaborate on in-stadium experiences, community events, and cultural celebrations that highlight and honor the vibrancy of the Latino community.

    About Intermex
    Founded in 1994, Intermex applies proprietary technology to enable consumers to send money from the United States, Canada, Spain, Italy, the United Kingdom, and Germany to more than 60 countries. The company facilitates digital money movement through its website and mobile app, as well as through a vast network of retail agents and company-operated stores. Headquartered in Miami, Florida, Intermex also operates international offices in Puebla, Mexico; Guatemala City, Guatemala; London, England; and Madrid, Spain. Learn more at www.intermexonline.com.

    About Houston Dynamo FC
    Houston Dynamo FC is a Major League Soccer team and part of the Houston Dynamo Football Club, a multi-faceted organization that includes the Dynamo, the Houston Dash and the Houston Dynamo Academy, and Dynamo and Dash Charities. Ted Segal acquired a majority ownership interest in HDFC in June 2021 and serves as the chairman of the Club. Under his leadership the organization completed a multi-million-dollar renovation of Shell Energy Stadium in March 2023 and the Club moved into a 27,000 square foot headquarters in East Downtown in July 2023. Houston Dynamo FC has won two MLS Cup championships, two Lamar Hunt U.S. Open Cups and four conference championships in its first 19 seasons and has qualified to represent the United States in international competition eight times. The team trains at the Champions Field at Houston Sports Park (HSP), the premier training facility in Southeast Texas, and plays its home matches at Shell Energy Stadium in downtown Houston. For more information, log on to www.HoustonDynamoFC.com or call (713) 276-7500.    

    Investor Relations Contact:
    Alex Sadowski
    Investor Relations Coordinator
    ir@intermexusa.com
    305-671-8000

    The MIL Network –

  • MIL-OSI: Fierce Medtech Names AI Pathology Leader Proscia to 2025 Fierce 15

    Source: GlobeNewswire (MIL-OSI)

    PHILADELPHIA, June 03, 2025 (GLOBE NEWSWIRE) — Proscia®, a software company accelerating pathology’s transition to digital and AI, today announced its inclusion in Fierce Medtech’s “Fierce 15” of 2025. This annual list honors private companies making an outsized impact on healthcare. Proscia earned its spot for its AI pathology leadership across the precision medicine value chain.

    Proscia’s Concentriq® platform delivers a uniquely comprehensive approach to AI from drug discovery to diagnostics. It incorporates a portfolio of best-in-class applications, tools for building algorithms, and AI-native features into routine workflows, helping its user base of over 12,000 pathologists and scientists to drive efficiencies, identify novel biomarkers, and develop and deploy companion diagnostics. Concentriq is trusted by 16 of the top 20 pharmaceutical companies as well as major laboratories set to diagnose 32,000 patients per day on the platform this year.

    “AI in pathology is about much more than use case-specific applications and individual foundation models,” said David West, Proscia’s CEO. “We’re equipping both life sciences organizations and diagnostic laboratories to fully harness AI’s potential to rewire pathology and drive precision medicine forward. Fierce Medtech’s recognition validates the impact of our broad approach for our users and patients.”

    This honor builds on a series of high-impact milestones for Proscia. Last week, Labcorp announced it adopted Concentriq LS to accelerate clinical trials and companion diagnostic development as part of its expanded precision oncology portfolio. Proscia also recently launched Concentriq Embeddings to accelerate AI development with foundation models, demonstrating a 13x efficiency gain. Additionally, the company introduced a real-world data offering enabling data scientists to leverage over 10 million pathology images with associated clinical and genomic data to fuel their AI algorithms.

    Proscia is continuing to accelerate its momentum. In March, the company announced $50M in funding led by Insight Partners to increasingly weave AI into Concentriq’s core and drive its commercial growth. The company is also adding to the 120+ research and diagnostic applications already available on the platform through its precision medicine AI portfolio.

    Proscia will demonstrate the accessibility of its AI development tools at the Digital Pathology & AI Congress in its hometown of Philadelphia. On June 4, it will host a pre-conference workshop where participants can build functional AI applications in under two hours without programming experience. Learn more about ‘From Pixels to Insight’ and register to attend here.

    View the full Fierce 15 list here.

    About Proscia
    Proscia is a software company accelerating pathology’s transition to a digital, data-driven discipline and enabling AI to advance precision medicine. Its Concentriq enterprise pathology platform, precision medicine AI portfolio, and real-world data fuel the development and use of novel therapies and diagnostics to drive the fight against humanity’s most challenging diseases, like cancer. 16 of the top 20 pharmaceutical companies and a global network of diagnostic laboratories rely on Proscia’s solutions each day. The company has FDA 510(k) clearance and CE-IVDR certification for its diagnostic software. For more information, visit proscia.com, and follow Proscia on LinkedIn and X.

    Contact:
    Sydney Fenkell
    VP, Marketing Communications
    sydney@proscia.com
    215.816.3436

    The MIL Network –

  • MIL-OSI: Genesis Brings Roadshow Tracking to Bond Deal Solution

    Source: GlobeNewswire (MIL-OSI)

    LONDON and NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) — Genesis Global, the AI-native application development platform purpose-built for financial markets organizations, added bond deal Roadshow tracking tools to its Primary Bond Issuance (PBI) solution.

    According to Coalition Greenwich, 65% of institutional investors use roadshow data to evaluate deals before they formally enter the market, particularly for high-yield and emerging markets bond deals. With the new Roadshow functionality, PBI provides data management and workflow tools for the entire bond deal lifecycle.

    “Bringing roadshow data into a collaborative, repeatable investment process enables asset managers to get ahead of the market,” said Mike Grogan, Buyside Business Development Director at Genesis Global. “Our solution reduces the pressure asset managers face on pricing days, because investment teams can do their analysis and prepare orders in advance and then simply amend them, if needed, when deals launch.”

    PBI provides asset managers with a complete, real-time view of the market by aggregating users’ internal and external deal data sources. It automates investment workflow by integrating compliance, analytics, reference data and order systems into a deal-focused workspace. The solution also embeds collaboration tools to promote efficient, team-driven decision making.

    The new Roadshow features in PBI enable asset managers to:

    • Manage entire deal pipelines, from roadshow to pricing, with one platform
    • Consolidate deal information, documents and other issuer data
    • Alert investment team members about roadshow activity
    • Bring unstructured data from emails and chats into the system with Genesis AI tools
    • Facilitate internal book building for early interest communication to syndicates

    “PBI gives asset managers an edge by presenting a complete, real-time view of the market, integrating the systems investment teams use and promoting efficient decision-making,” continued Mike Grogan. “Streamlining how firms operate in primary markets helps them maintain focus on their investment process and on assessing relative value, especially on busy deal days, which stretch the capacity of investment teams.”

    About Genesis Global
    Genesis Global enables financial markets organizations to innovate at speed through its AI-native software application development platform and deep expertise in capital markets and financial services. In supercharging developers and non-technical domain experts to rapidly deliver high-performance, resilient and secure applications, Genesis replaces the buy vs. build challenge with a buy-to-build solution.

    The Genesis platform is designed with flexibility and performance at its core, providing the frameworks, integrations and components required to automate manual workflows, enhance legacy systems and build entirely new applications. Featuring a resilient, real-time service-oriented architecture, Genesis excels across the performance envelope of low-latency, high-throughput and high-scalability, powering mission-critical applications at the world’s leading financial institutions.​

    Strategically backed by Bank of America, BNY and Citi, Genesis Global has offices in London, New York, Miami, Charlotte, São Paulo, Dublin and Bengaluru.

    Media contact:
    Alex Paidas, Corporate Communications, Genesis Global
    alex.paidas@genesis.global    +1 646 246 4889

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