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Category: GlobeNewswire

  • MIL-OSI: Varonis at Infosecurity Europe 2025: Automating Data Security for the AI Era

    Source: GlobeNewswire (MIL-OSI)

    MIAMI and LONDON, May 27, 2025 (GLOBE NEWSWIRE) — Varonis Systems, Inc. (Nasdaq: VRNS), the leader in data security, announced its full event schedule for Infosecurity Europe 2025, taking place June 3 – 5 at ExCeL London. Varonis proudly returns to present expert sessions on strengthening cyber resilience, mastering proactive security, and modernizing DLP for today’s threat landscape.

    Stop by Varonis’ Booth D60 to learn how Varonis reduces risk to data in the age of AI. While there, learn how Varonis helps customers identify and mitigate threats across IaaS and SaaS, safeguard sensitive data, and boost compliance with privacy regulations automatically.

    Highlights at Infosecurity Europe 2025:

    Expert Session – CISO Secrets: Strengthening Cyber Resilience in 2025. Varonis’ Dr. William Priestley will share the data-centric security playbook built from conversations with top CISOs and cybersecurity leaders across manufacturing, finance, healthcare, and other industries.

    Date: Tuesday, June 3, at 12 p.m. – 12:25 p.m.
    Location: Technology Showcase stage

    Expert Session – Modernizing DLP for Today’s Threat Landscape. Varonis Field CTO Matt Lock will delve into next-gen DLP, an approach aligning modern collaboration with cloud-first detection and prevention. You’ll see how rethinking DLP can help you cut through noise, reduce workloads, and automate security posture.

    Date: Tuesday, June 3, 3:15 p.m. – 3:40 p.m.
    Location: Cyber Strategy stage

    Expert Session – Mastering Proactive SaaS Data Security. Varonis’ Dave Philpotts will cover the complexities of securing SaaS applications and the approach needed to enhance your security posture and prevent data breaches.

    Date: Wednesday, June 4, 12 p.m. – 12:25 p.m.
    Location: Technology Showcase stage 

    Additional Resources

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

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

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

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

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

    The MIL Network –

  • MIL-OSI: Strive Asset Management and Asset Entities (Nasdaq: ASST) Announce $750M Private Investment to Fund First Wave of Bitcoin Accumulation

    Source: GlobeNewswire (MIL-OSI)

    • Transaction to raise up to $1.5 billion in total proceeds upon exercise of warrants, which would make Strive Asset Management one of the largest Bitcoin treasury companies.
    • The combined company will continue to have no outstanding debt for borrowed money after this financing.
    • Strive CEO Matt Cole to discuss the company’s proposed alpha-generating Bitcoin strategies during his 11:54 AM PT keynote on May 27, 2025 at the Bitcoin for Corporations Symposium in Las Vegas, Nevada.

    DALLAS, May 27, 2025 (GLOBE NEWSWIRE) — Asset Entities (Nasdaq: ASST) and Strive Asset Management today announced the signing of a $750 million private investment in public equity (PIPE), with an additional $750 million in potential financing upon the exercise of warrants, which could increase total potential proceeds to $1.5 billion. Upon closing of the transactions, the proceeds are expected to support the company’s first wave of Bitcoin acquisitions, with the goal of establishing Strive Asset Management as the first Bitcoin treasury company focused on long-term Bitcoin outperformance through the implementation of alpha-generating strategies, in addition to the company’s plans to implement known beta strategies used by incumbent Bitcoin treasury corporations.

    A select group of leading institutional investors and Strive’s management team, including CEO Matt Cole, participated in the financing, which is expected to close concurrently with the transaction under the merger agreement between Strive Asset Management and Asset Entities.

    “Most Bitcoin treasury companies are valued based on multiples to their Bitcoin holdings, which makes sense because their strategies are tied to leveraged beta to Bitcoin,” said Matt Cole, CEO of Strive. “By contrast, our alpha-generating Bitcoin accumulation strategies are designed to drive sustained outperformance relative to Bitcoin itself, which requires a new valuation framework.”

    Strive Asset Management’s first wave of alpha-generating Bitcoin accumulation strategies include:

    • Unlocking discounted cash through acquisitions of biotech companies trading below their net cash position, which Strive views as a multi-billion dollar opportunity, and one where Strive believes it has a distinctive competitive advantage due to its founding and management team.
    • Acquiring distressed Bitcoin claims—such as Mt. Gox claims—at discounts to Bitcoin NAV, a market opportunity estimated to be over 75,000 BTC, through Strive’s recently announced strategic partnership with 117 Partners LLC.
    • Positioning itself to become a market leader in purchasing bottom tranches of structured Bitcoin credit vehicles, at discounted prices.

    The PIPE was priced at $1.35 per share of common stock, representing a 121% premium to the closing price of Asset Entities (NASDAQ:ASST) immediately before its merger announcement with Strive Asset Management. The exercise price for warrants in this PIPE transaction is $1.35 per share. Strive elected not to raise any debt financing in this transaction, to preserve maximal leverage capacity in the future to optimize returns for common equity.

    Strive will further discuss its alpha strategies during Matt Cole’s 11:54 AM PT presentation today at Bitcoin for Corporations in Las Vegas, Nevada. The presentation is expected to be streamed by the conference later in the day.

    The financing transaction is subject to customary closing conditions, including approvals from the shareholders of both Strive and Asset Entities.

    Advisors

    Cantor Fitzgerald & Co. served as exclusive financial advisor to Strive. In addition, Cantor Fitzgerald & Co. served as exclusive placement agent for the PIPE financing.

    Davis Polk & Wardwell LLP is acting as legal advisor to Strive.

    DLA Piper LLP (US) acted as legal advisor to Cantor Fitzgerald & Co.

    Bevilacqua PLLC is acting as legal advisor to Asset Entities.

    To learn about Asset Entities, please go to www.assetentities.com. To learn about the Ternary payment platform, please go to www.ternarydev.com. To learn about Asset Entities 360 suite of discord services, go to https://www.ae360ddm.com/ and https://discord.gg/ae360ddm.

    About Asset Entities Inc.

    Asset Entities Inc. is a technology company providing social media marketing, management, and content delivery across Discord, TikTok, Instagram, X (formerly Twitter), YouTube, and other social media platforms. Asset Entities is believed to be the first publicly traded Company based on the Discord platform, where it hosts some of Discord’s largest social community-based education and entertainment servers. The Company’s AE.360.DDM suite of services is believed to be the first of its kind for the Design, Development, and Management of Discord community servers. Asset Entities’ initial AE.360.DDM customers have included businesses and celebrities. The Company also has its Ternary payment platform that is a Stripe-verified partner and CRM for Discord communities. The Company’s Social Influencer Network (SiN) service offers white-label marketing, content creation, content management, TikTok promotions, and TikTok consulting to clients in all industries and markets. The Company’s SiN influencers can increase the social media reach of client Discord servers and drive traffic to their businesses. Learn more at assetentities.com, and follow the Company on X at $ASST and @assetentities.

    About Strive Asset Management

    Strive Asset Management is an asset management firm with a mission to maximize value for clients through unapologetic capitalism.

    Strive Asset Management recently announced plans to become the first publicly traded asset management Bitcoin treasury company. The company is focused on outperforming Bitcoin over the long run by combining traditional Bitcoin treasury company leveraged beta strategies with novel alpha-generating strategies.

    After launching its first ETF in August 2022, the company has grown to manage ~$2 billion in assets.

    Learn more at strive.com

    Company Contacts:
    Arshia Sarkhani, President and Chief Executive Officer
    Michael Gaubert, Executive Chairman
    Asset Entities Inc.
    Tel +1 (214) 459-3117 
    Email Contact

    Investor Contact:
    Skyline Corporate Communications Group, LLC
    Scott Powell, President
    1177 Avenue of the Americas, 5th Floor
    New York, NY 10036
    Office: (646) 893-5835
    Email: info@skylineccg.com

    Cautionary Statement Regarding Forward-Looking Statements

    Certain statements herein and the documents incorporated herein by reference may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Rule 3b-6 promulgated thereunder, which statements involve inherent risks and uncertainties. Examples of forward-looking statements include, but are not limited to, statements regarding the outlook and expectations of Strive and Asset Entities, Inc. (“ASST”), respectively, with respect to the proposed transaction, the strategic benefits and financial benefits of the proposed transaction, including the expected impact of the proposed transaction on the combined company’s future financial performance (including anticipated accretion to earnings per share, the tangible book value earn-back period and other operating and return metrics), the timing of the closing of the proposed transaction, and the ability to successfully integrate the combined businesses. Such statements are often characterized by the use of qualified words (and their derivatives) such as “may,” “will,” “anticipate,” “could,” “should,” “would,” “believe,” “contemplate,” “expect,” “estimate,” “continue,” “plan,” “project,” “predict,” “potential,” “assume,” “forecast,” “target,” “budget,” “outlook,” “trend,” “guidance,” “objective,” “goal,” “strategy,” “opportunity,” and “intend,” as well as words of similar meaning or other statements concerning opinions or judgment of Strive, ASST or their respective management about future events. Forward-looking statements are based on assumptions as of the time they are made and are subject to risks, uncertainties and other factors that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence, which could cause actual results to differ materially from anticipated results expressed or implied by such forward-looking statements. Such risks, uncertainties and assumptions, include, among others, the following:

    • the occurrence of any event, change or other circumstances that could give rise to the right of one or both of the parties to terminate the Merger Agreement;
    • the possibility that the proposed transaction does not close when expected or at all because the conditions to closing are not received or satisfied on a timely basis or at all;
    • the outcome of any legal proceedings that may be instituted against Strive or ASST or the combined company;
    • the possibility that the anticipated benefits of the proposed transaction, including anticipated cost savings and strategic gains, are not realized when expected or at all, including as a result of changes in, or problems arising from, general economic and market conditions, interest and exchange rates, monetary policy, laws and regulations and their enforcement, and the degree of competition in the geographic and business areas in which Strive or ASST operate;
    • the possibility that the integration of the two companies may be more difficult, time-consuming or costly than expected;
    • the possibility that the proposed transaction may be more expensive or take longer to complete than anticipated, including as a result of unexpected factors or events;
    • the diversion of management’s attention from ongoing business operations and opportunities;
    • potential adverse reactions of Strive’s or ASST’s customers or changes to business or employee relationships, including those resulting from the announcement or completion of the proposed transaction;
    • changes in ASST’s share price before closing; and
    • other factors that may affect future results of Strive, ASST or the combined company.

    These factors are not necessarily all of the factors that could cause Strive’s, ASST’s or the combined company’s actual results, performance or achievements to differ materially from those expressed in or implied by any of the forward-looking statements. Other factors, including unknown or unpredictable factors, also could harm Strive’s, ASST’s or the combined company’s results.

    Although each of Strive and ASST believes that its expectations with respect to forward-looking statements are based upon reasonable assumptions within the bounds of its existing knowledge of its business and operations, there can be no assurance that actual results of Strive or ASST will not differ materially from any projected future results expressed or implied by such forward-looking statements. Additional factors that could cause results to differ materially from those described above can be found in ASST’s most recent annual report on Form 10-K for the fiscal year ended December 31, 2024, quarterly reports on Form 10-Q, and other documents subsequently filed by ASST with the Securities Exchange Commission (the “SEC”). The actual results anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on Strive, ASST or their respective businesses or operations. Investors are cautioned not to rely too heavily on any such forward-looking statements. Forward-looking statements speak only as of the date they are made and Strive and ASST undertake no obligation to update or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.

    Additional Information and Where to Find It

    In connection with the proposed transaction, ASST intends to file with the SEC a Registration Statement on Form S-4 (the “Registration Statement”) to register the common stock to be issued by ASST in connection with the proposed transaction and that will include a proxy statement of ASST and a prospectus of ASST (the “Proxy Statement/Prospectus”), and each of Strive and ASST may file with the SEC other relevant documents concerning the proposed transaction. A definitive Proxy Statement/Prospectus will be sent to the stockholders of ASST to seek their approval of the proposed transaction. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS AND STOCKHOLDERS OF ASST ARE URGED TO READ THE REGISTRATION STATEMENT AND PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED TRANSACTION WHEN THEY BECOME AVAILABLE AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT STRIVE, ASST AND THE PROPOSED TRANSACTION AND RELATED MATTERS.

    A copy of the Registration Statement, Proxy Statement/Prospectus, as well as other filings containing information about Strive and ASST, may be obtained, free of charge, at the SEC’s website (http://www.sec.gov). You will also be able to obtain these documents, when they are filed, free of charge, from ASST by accessing ASST’s website at https://assetentities.gcs-web.com/. Copies of the Registration Statement, the Proxy Statement/Prospectus and the filings with the SEC that will be incorporated by reference therein can also be obtained, without charge, by directing a request to ASST’s Investor Relations department at 100 Crescent Court, 7th floor, Dallas, TX 75201 or by calling (214) 459-3117 or emailing web@assetentities.com. The information on Strive’s or ASST’s respective websites is not, and shall not be deemed to be, a part of this communication or incorporated into other filings either company makes with the SEC.

    Participants in the Solicitation

    Strive, ASST and certain of their respective directors, executive officers and employees may be deemed to be participants in the solicitation of proxies from the stockholders of ASST in connection with the proposed transaction. Information about the interests of the directors and executive officers of Strive and ASST and other persons who may be deemed to be participants in the solicitation of stockholders of ASST in connection with the proposed transaction and a description of their direct and indirect interests, by security holdings or otherwise, will be included in the Proxy Statement/Prospectus related to the proposed transaction, which will be filed with the SEC. Information about the directors and executive officers of ASST, their ownership of ASST common stock, and ASST’s transactions with related persons is set forth in the section entitled “Board of Directors and Corporate Governance,” “Executive Officers of the Company,” “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters,” “Executive Compensation,” and “Certain Relationships and Related Transactions” included in ASST’s definitive proxy statement in connection with its 2024 Annual Meeting of Stockholders, as filed with the SEC on August 22, 2024.

    No Offer or Solicitation

    This communication is not intended to and shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities or the solicitation of any vote of approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act, or pursuant to an exemption from, or in a transaction not subject to, such registration requirements.

    The MIL Network –

  • MIL-OSI: Antalpha Announces Strategic Investment in Tether Gold and Expansion into New Lending Verticals

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 27, 2025 (GLOBE NEWSWIRE) — Antalpha Platform Holding Company (NASDAQ: ANTA) (“Antalpha” or the “Company”), a leading fintech platform serving the Bitcoin mining ecosystem, today announced strategic initiatives to strengthen its treasury plan and expand its product offering. 

    Strategic Allocation into Tether Gold (XAUt)
    Antalpha intends to allocate up to US $40 million equivalent in XAUt at market price from now until June 30, 2026. The Company views this allocation as a strategic hedge against macroeconomic volatility, a tool to diversify its institutional collateral base, and a means to offer its clients access to stable-value lending solutions to hedge against periods of market uncertainty. The Company believes that XAUt offers strong strategic value for institutional asset allocation, particularly in its potential to withstand crypto market cycles and support diverse financial applications. XAUt will be a cornerstone collateral asset in Antalpha’s loan structure, enabling the Prime platform to scale its financing business with improved resilience and greater stability.

    XAUt Product Integration
    Antalpha plans to acquire XAUt and secure such digital assets to obtain funding for its lending operation. In line with this strategy, the Company’s product and risk management teams are working jointly to upgrade its MPC capabilities and account features on the Antalpha Prime platform. Additionally, the Company plans to launch a dedicated portal on its website to provide near real-time information on XAUt and the corresponding underlying physical gold holdings, further enhancing asset transparency and client confidence.

    Multi-Asset Collateral Strategy to Expand Addressable Market and Improve Risk Management Capability
    Antalpha remains focused on its core lending business and is committed to developing scalable financing solutions for different business lines with long-term growth potential. In addition to accepting Bitcoin and mining-machine collateral for its crypto financing, the Company plans to expand its addressable market by accepting new forms of collateral, including XAUt and GPU for AI compute, to build a more flexible and scalable digital-asset lending business. In addition, we plan to expand our business relationship with Northstar and enable them to provide Ethereum margin loans on the Antalpha Prime platform. Antalpha plans to broaden its business lines as follow:

    • XAUt–Collateralized Loans will begin accepting XAUt as collateral to improve collateral value stability for supply-chain financing;
    • AI Compute Financing will begin providing institutional loans for investment in AI compute using AI GPUs as loan collateral; and
    • Ethereum Margin Loans will expand Northstar’s margin loan offering on Antalpha Prime to enable borrowers to secure digital asset financing with Ethereum, in addition to Bitcoin.

    “We are building Antalpha for the long term, with transparency, prudence and risk management at the core,” said Paul Liang, Chief Financial Officer of Antalpha. “Our digital gold strategy and new lending business lines reflect our willingness to listen to our clients’ needs and lead the digital asset financing industry with innovative institutional-grade lending solutions while strengthening our risk-management capabilities.”

    These new initiatives reinforce Antalpha’s vision as a leading, trusted, crypto-native infrastructure partner in the digital asset financing industry.

    About Antalpha
    Antalpha is a leading fintech company specializing in providing financing, technology, and risk management solutions to institutions in the digital asset industry. As the primary lending partner of Bitmain, Antalpha offers Bitcoin supply chain and margin loans through the Antalpha Prime technology platform, which allows customers to originate and manage their digital assets loans, as well as monitor collateral positions with near real-time data.

    About Tether Gold
    XAUt is a digital token issued by TG Commodities Limited, a Tether Group company. Each token represents ownership of one troy ounce of fine gold on a London Good Delivery gold bar, held in custody by a third-party custodian in a secure Swiss vault. The token is issued on both Ethereum (ERC-20) and Tron (TRC-20) blockchains, providing institutional and DeFi participants with 24/7 access to highly liquid, gold-backed assets. 

    Contact
    Investor Relations: ir@antalpha.com

    Safe Harbor Statement
    This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about Antalpha’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in Antalpha’s filings with the SEC. All information provided in this press release is as of the date of this press release, and Antalpha does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    The MIL Network –

  • MIL-OSI: Moomoo Expands into Cryptocurrency Market with Launch of New Digital Asset Business

    Source: GlobeNewswire (MIL-OSI)

    JERSEY CITY, N.J., May 27, 2025 (GLOBE NEWSWIRE) — Moomoo, a global investment and trading platform, is thrilled to announce its expansion into cryptocurrency trading with the upcoming launch of Moomoo Crypto, a comprehensive digital asset investment service for its U.S. users.

    The new U.S. Crypto’s plan to launch over 30 coins is an exciting option for moomoo investors to trade on its all-in-one trading platform. Moomoo leverages its established technology infrastructure and user-friendly interface to provide a seamless trading experience across both traditional securities through Moomoo Financial and digital assets through Moomoo Crypto. It will initially support trading of major cryptocurrencies including Bitcoin, Ethereum, and several other leading tokens for its current users, with plans to expand its offerings in the coming months to give users access in a gradual launch. The platform, backed by Moomoo Financial, will leverage Coinbase’s markets and infrastructure through its leading Crypto-as-a-Service (“CaaS”) platform.

    “As digital assets continue to gain mainstream adoption, we saw a clear opportunity to apply our expertise in creating accessible yet sophisticated investment tools for crypto space,” said Neil McDonald, moomoo’s US CEO.  “With Moomoo Crypto, we’re bridging the gap between traditional and digital finance, providing our users with the tools and insights they need to navigate this dynamic market.”

    Investors interested in crypto will be able to find an all-in-one platform with 32 coins offerings armed with advanced tools and various educational resources. Some advanced tools include spot charting and advanced charting, and moomoo is planning to adopt specific tools for crypto such as copy trading by early September.

    “We’re seeing growing demand from platforms like moomoo as crypto becomes increasingly mainstream,” said Brian Foster, Global Head of CaaS at Coinbase. “Our Crypto-as-a-Service offering is designed to help bridge traditional and digital finance, giving partners the infrastructure, security, and tools they need to confidently build in crypto and serve a wide range of users.”

    The move comes as interest in digital assets reaches new heights, with increasing retail participation and regulatory clarity emerging in key markets. Moomoo’s entry into the cryptocurrency sector helps the company capture growing demand from its existing user base of active investors while attracting new crypto-focused traders to its platform.

    About moomoo
    Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make more-informed investment decisions. With advanced charting tools, pro-level analytical features, moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.

    Founded in the U.S., moomoo operates globally, serving investors in countries such as the US, Singapore, Australia, Japan, Canada and Malaysia. As a subsidiary of a Nasdaq-listed Futu Holdings (FUTU), we take pride in our role as a global strategic partner of the Nasdaq, earning numerous international accolades from renowned industry leaders such as Benzinga and Fintech Breakthrough. Moomoo has also received multiple awards in the US, Singapore, and Australia for its innovative, inclusive approach to investing.

    For more information, please visit moomoo’s official website at www.moomoo.com or feel free to email us: pr@us.moomoo.com.

    Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., Investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.

    Cryptocurrencies are not legal tender, not backed by any government, and not FDIC insured or SIPC protected. Cryptocurrency trading involves high risk and potential loss of principal. Crypto services are offered by Moomoo Crypto Inc. (NMLS Number 2287314). Not available in all states, see our full licensing disclosures here.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4fa41088-a4e3-4db6-9551-5e3678ed14bd

    The MIL Network –

  • MIL-OSI: Orchid Security’s State of Identity Security 2025 Report Reveals Alarming Gaps in Application Identity Controls

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS and NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) — Identiverse — Orchid Security, the company bringing clarity to the complexity of enterprise identity security, today released its inaugural State of Identity Security 2025 report. Orchid’s analysis shows nearly half of enterprise applications violate basic credential-handling guidance, 44% undermine centralized IdP policies and 40% fall short of widely accepted identity-control standards. These shortcomings expose organizations to heightened audit findings, compliance penalties and breach risk.

    Complementing traditional industry research based on post-incident findings, the report presents a proactive analysis of the state of identity controls. Unlike assessments of external exposures, Orchid analyzes authentication flows and authorization practices embedded deep within enterprise applications. These insights span financial services, healthcare, manufacturing, retail, energy and other sectors – offering the first large-scale view into unseen and often overlooked identity practices, and in doing so, exposing hidden vulnerabilities and compliance gaps.

    Orchid will showcase these findings and its Identity-First Security platform at Identiverse 2025, taking place June 3-6 in Las Vegas.

    The report’s findings come at a critical time in the industry. The recently released 2025 Verizon Data Breach Investigation Report confirms that stolen credentials are once again the most common initial access method leading to breaches. Similarly, Crowdstrike’s Threat Report observes that “​​every breach starts with initial access, and identity-based attacks are among the most effective entry methods.” As threat actors focus on “logging in” via stolen credentials rather than “hacking in,” understanding and eliminating identity security gaps becomes a top priority for CISOs and identity providers.

    Key findings from Orchid’s research:

    1. Clear-text credentials found in nearly 50% of applications
      Given that no code is impenetrable and weaknesses as well as their exploit, are a fact of life, masking or encrypting credentials – ideally in an identity store but certainly when coded into applications – is a security imperative. In nearly half of the binary-level assessments conducted, Orchid’s LLM-powered analysis uncovered clear-text credentials. These were normally associated with alternative access flows, often for non-human accounts, but they also present an easy target for threat actors seeking entry or lateral movement.
    2. 44% of applications bypass Identity Providers (IdP)
      While (IdPs) are very common within enterprises and a valuable tool to centralize secure authentication practices, 44% of the time no IdP was utilized by at least one authentication path offered by the application. This is often due to application-level constraints, particularly around integrating with third-party or legacy systems. While understandable, especially in support of external access scenarios, these siloed authentication paths create significant operational challenges. Because they sit outside the centralized IAM framework, these non-standard directories are frequently excluded from routine joiner, mover, and leaver (JML) processes. As a result, they can become outdated, unmanaged and ultimately represent a growing blind spot that increases organization’s exposure to identity-related cyber risk.
    3. ~40% of apps lack identity control basics
      Basic best practices to maintain identity security include monitoring and even rate controlling login attempts, implementing account lockout after a certain number of failed attempts, enforcement of password complexity, token lifetime configurations and more. Unfortunately, each of these was found to be missing roughly 40% of the time. We know that most application developers are valued for their creativity, as it spurs innovation, but that spirit can make the consistent implementation of standards across applications a challenge.

    “These identity security gaps are by no means a reflection on today’s identity and access management teams,” said Roy Katmor, CEO and co-founder of Orchid Security. “The reality is, with the average enterprise relying on more than 1,200 applications – some developed and deployed globally, others introduced by regional offices or specific lines of business – it is a huge challenge to simply know all of the apps in use. Let alone to fully understand not only the standard audited identity flows, but also all feasible authentication pathways and authorization attributes within each application. That complexity is only compounded by the fact that, until now, the process has been largely manual.”

    Orchid’s recommendations for reducing identity risk

    Orchid Security notes that there are a variety of common tools and methods that enterprises can use to assess their environments for identity security exposures, including:

    • Static Application Security Testing (SAST): Code analysis during the development phases can easily be configured to look for hard-coded credentials, including those stored in clear text. Applications developed without a SAST tool should also be subject to code reviews looking for these practices as part of the release process.
    • Architecture reviews: The use of identity providers (IdPs) should be a standard design requirement, enforced during design reviews.
    • Monitoring tools: Basic log monitoring and Security Information and Event Management (SIEM) products will show you whether basic identity security hygiene is in place.
    • Penetration testing: Identity is the most common way in for threat actors, as well as those acting as them for security assessment. Testing for common identity weaknesses should be included.

    “Organizations can no longer afford to overlook identity as a central element of their security posture,” said Katmor. “Even without automated tools such as Orchid Security in place, there are practical steps teams can take, from manual code reviews to architecture and monitoring enhancements. Identity remains the most common attack vector, and proactive, layered assessment is key to reducing exposure.”

    Methodology

    Orchid Security performed automated, binary‑level assessments of applications in production environments across North America and Europe between January and April 2025. Rather than observing primary user interactions, Orchid mapped every identity flow built into each application – including legacy, third‑party and service‑account paths – to surface controls that could be subverted by threat actors. The State of Identity Security 2025 report aggregates the most gaps revealed by those assessments in order to surface those that are most common.

    Visit Orchid at Identiverse 2025 in the Startup Alley (SU21) June 3-6.

    To learn more about the current state of identity security, download Orchid’s State of Identity Security report.

    For more information on Orchid’s Identity-First Security platform, visit the website.

    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: Channel Factory Launches Intelligence Suite and AI-Powered Products to Maximize Ad ROI and Contextual Precision

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) — Channel Factory, the global brand suitability and contextual advertising platform, is introducing Channel Factory Intelligence, along with two new AI-driven solutions to streamline media intelligence: the Media Intelligence Hub, a unified reporting dashboard, and the Chatbot Assistant, Channel Factory’s first personalized AI data analyst.

    Channel Factory Intelligence is powered by machine learning and is the result of the company’s multi-year investment in building proprietary AI models and algorithms. Additionally, the fully integrated AI product suite contains Channel Factory’s newest AI solutions, incorporating both unparalleled brand suitability and contextual precision across digital video platforms while ensuring advertisers maximize return on ad spend with advanced optimization.

    As advertisers continue to reckon with a lack of critical insights when executing campaigns across multiple platforms, many existing AI solutions seek to rectify this issue by demanding a trade-off of control and transparency. Channel Factory Intelligence eliminates that compromise and acts as a “second brain” to deliver precise, optimized campaign insights while maintaining complete visibility. Based on an independent verification study conducted by PwC, Channel Factory has significantly optimized ad performance for advertisers, reducing media waste by more than 20% and achieving 99% accuracy in content categorization—delivering maximum efficiency, precision, and ROI.

    The two new analytics, live insights, and reporting tools announced today are the first products available within the new intelligence suite and can be leveraged via Channel Factory’s AI-driven media activation and optimization proprietary platform for cross-platform campaigns, ActivateIQ.

    Media Intelligence Hub is a customizable dashboard that centralizes campaign data, cross-platform, and surfaces foundational insights, such as total media cost, delivery, and performance. Instead of juggling multiple reports, advertisers get a clear and singular view that reduces inefficiencies, breaks down data silos, and supports faster, smarter decision-making.

    The hub enables advertisers to move from reactive to proactive strategies, while built-in machine learning forecasts trends, automates reporting, and provides optimization recommendations in real-time. Advertisers can adjust their budgets on the go and significantly improve ROI by reducing media waste with live tracking of planned versus actual spending and delivery.

    Also launching today is the new Chatbot Assistant, Channel Factory’s first personalized AI data analyst, embedded within ActivateIQ. By combining real-time analytics with Channel Factory’s industry-leading contextual intelligence, the assistant helps advertisers make instant adjustments to campaigns, content, and ad spend, preventing waste on the wrong audiences or markets. The assistant delivers curated campaign performance summaries that offer much-needed transparency between ad agencies and their technology partners.

    “Channel Factory isn’t just a vendor but they’re a strategic extension of our team. Their understanding of contextual targeting, smart optimization, knowledge of the product and platforms they work on, and collaboration, has helped us unlock stronger outcomes for our clients. They consistently ensure our campaigns are performing, efficient, brand-safe, and impactful at scale,” said Mark Kwak, Director, Paid Social and Programmatic at Starcom.

    “Running ad campaigns requires you to dig through mountains of data. Some of it is valuable, but so much can be insignificant, forcing you to spend time digging through unnecessary metrics to find actionable insights. Our industry is only tapping the surface of what’s possible when you can apply AI to solve this problem,” said Anudit Vikram, Chief Product Officer at Channel Factory. “Our new Chatbot Assistant and Media Intelligence Hub surface the insights that truly drive performance, giving advertisers the clarity they need to make confident, strategic decisions.”

    About Channel Factory
    Channel Factory is a global technology and data platform that optimizes business performance and enhances brand reputation through ethical and effective contextual targeting. Utilizing proprietary AI and brand suitability technologies, Channel Factory ensures ads are placed on brand-safe, contextually relevant content across YouTube, CTV platforms, and social media, including Meta and TikTok. Through its conscious media planning, Channel Factory is committed to promoting sustainability, diversity, and positive content, helping brands achieve their goals while fostering a healthier digital ecosystem.

    Channel Factory has a presence in 31 countries across the Americas, Europe, the Middle East, Asia, and ANZ, providing advertisers with IAB standard category lists and customized content options in 49+ languages. For more information about Channel Factory, please visit http://www.channelfactory.com

    Media Contact:
    Aimee Miller
    aimee@broadsheetcomms.com

    The MIL Network –

  • MIL-OSI: OSS to Attend NVIDIA GTC Paris 2025

    Source: GlobeNewswire (MIL-OSI)

    ESCONDIDO, Calif., May 27, 2025 (GLOBE NEWSWIRE) — One Stop Systems, Inc. (OSS or the Company) (Nasdaq: OSS), a leading provider of rugged, enterprise-class compute solutions for AI, machine learning (ML), and sensor processing at the edge, and an NVIDIA TIER 2 OEM and a NPN Elite Partner, today announced its participation in the upcoming NVIDIA GTC Paris Conference. The event takes place at the Paris Expo Porte de Versailles in Paris, France, on June 11–12, 2025.

    “NVIDIA is a valued long-time partner,” stated OSS President and CEO, Mike Knowles. “GTC Paris provides a premier platform to showcase our rugged, enterprise-class compute solutions designed for large-scale, data center-class AI, autonomy, and sensor fusion applications in edge environments.”

    Visitors to NVIDIA GTC Paris can experience OSS’s specialized AI computing solutions at Booth E07. Representatives from Bressner, OSS’s European subsidiary, will also be present and exhibiting at the conference.

    NVIDIA GTC Paris, organized in partnership with VivaTech 2025, brings together developers, researchers, business leaders, and technical experts to explore real-world applications of AI and accelerated computing. The event features live demos and sessions on generative AI, industrial digitalization, robotics, large language models, and more.

    For product inquiries or to schedule a meeting, contact OSS sales engineers at sales@onestopsystems.com or call +1 (877) 438-2724.

    About One Stop Systems
    One Stop Systems, Inc. (Nasdaq: OSS) is a leader in AI enabled solutions for the demanding ‘edge’. OSS designs and manufactures Enterprise Class compute and storage products that enable rugged AI, sensor fusion and autonomous capabilities without compromise. These hardware and software platforms bring the latest data center performance to harsh and challenging applications, whether they are on land, sea or in the air.

    OSS products include ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software. These specialized compact products are used across multiple industries and applications, including autonomous trucking and farming, as well as aircraft, drones, ships and vehicles within the defense industry.

    OSS solutions address the entire AI workflow, from high-speed data acquisition to deep learning, training and large-scale inference, and have delivered many industry firsts for industrial OEM and government customers.

    As the fastest growing segment of the multi-billion-dollar edge computing market, AI enabled solutions require-and OSS delivers-the highest level of performance in the most challenging environments without compromise.

    OSS products are available directly or through global distributors. For more information, go to www.onestopsystems.com. You can also follow OSS on X, YouTube, and LinkedIn.

    Forward-Looking Statements
    One Stop Systems cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. Words such as, but not limited to, “anticipate,” “aim,” “believe,” “contemplate,” “continue,” “could,” “design,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “seek,” “should,” “suggest,” “strategy,” “target,” “will,” “would,” and similar expressions or phrases, or the negative of those expressions or phrases, are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These statements are based on the Company’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by One Stop Systems or its partners that any of our plans or expectations will be achieved, including but not limited to the potential and/or the results of current or future programs, the future adoption of technologies or applications, or the potential benefit of attending NVIDIA GTC Paris. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in our latest Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the company undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

    Media Contacts:
    Robert Kalebaugh
    One Stop Systems, Inc.
    Tel (858) 518-6154
    Email contact

    Investor Relations:
    Andrew Berger
    Managing Director
    SM Berger & Company, Inc.
    Tel (216) 464-6400
    Email contact

    The MIL Network –

  • MIL-OSI: ila Bank partners with Mastercard to launch innovative solutions and expand into new markets

    Source: GlobeNewswire (MIL-OSI)

    MANAMA, Bahrain, May 27, 2025 (GLOBE NEWSWIRE) — ila Bank, powered by Bank ABC, has partnered with Mastercard to enhance the bank’s proposition across consumer products, launching new affluent, travel products and loyalty offerings.

    ila Bank will leverage Mastercard’s expertise to introduce loyalty program that supports cardholders’ lifestyle, providing added value across a wide range of areas, including dining, luxury shopping, travel and priceless experiences. The new product line will also leverage enhanced fraud solutions and privacy protection to secure every transaction.

    Mohamed Almaraj, ila Bank CEO, said, “ila has always been about the customer. We are proud to have maintained our commitment to offering customer-centric solutions and experiences in a growingly cashless economy, and this strategic agreement furthers the ila promise of ‘banking that reflects you’. Renewing our engagement with Mastercard will strengthen our standing as the frontrunner in the region’s digital payments landscape by offering the most seamless, secure and future-focused product portfolio that provides unparalleled premium benefits.”

    Adam Jones, Mastercard’s Division President for West Arabia, said, “In line with our shared commitment to driving innovation across the digital ecosystem, our long-standing relationship with ila Bank focuses on delivering customer-first solutions that help ensure a secure and rewarding banking experience. We will continue to provide our partners with enhanced product offering, supporting regional expansion.”

    Mastercard has been a trusted partner of ila Bank from the outset, supporting the bank’s strategy Together, they have introduced several innovative propositions to the market, including the multi-currency debit program, the Pay with Rewards loyalty program and the Mastercard airline co-brand with Gulf Air in Bahrain.

    Since its establishment in 2019, ila Bank has been dedicated to addressing the dynamic needs and lifestyles of its customers with bespoke banking solutions. The digital, mobile-only bank, well-received both domestically and regionally, currently offers a range of card products, including debit, credit and prepaid cards, that provide unparalleled bonus advantages and a personalized loyalty reward system.

    Other innovative products accessible through the award-winning ila app include smart digital saving tools, like Hassala and Jamiya, as well as Al Kanz, ila’s prize account that awards substantial cash prizes to lucky customers throughout the year.

    About Mastercard
    Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re building a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

    www.mastercard.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a838d1fe-d20b-4879-8e41-152c9e78b0a4

    The MIL Network –

  • MIL-OSI: Cheap Psychic Readings [$0.99/Min] Best Cheap Phone Psychics for Affordable Readings in 2025

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, CA, May 27, 2025 (GLOBE NEWSWIRE) — — Are you searching for insight into your future without breaking the bank? You’re not alone. Many people want spiritual clarity but hesitate due to high prices. Fortunately, cheap psychic readings are now more accessible than ever. With a wide range of affordable psychics available online and over the phone, getting the answers you need is just a call or click away.

    ⇒ Talk to experienced and trusted cheap psychics offering free trial readings!

    You don’t need to spend a fortune to receive quality spiritual guidance. With so many reliable and cheap psychics available online and by phone, connecting with your higher path is more affordable than ever. Explore affordable psychic readings today and discover how much clarity and peace of mind are just a session away.

    The Psychic Experts, a reputable platform known for reviewing top psychic services, has released its 2025 report featuring the best affordable psychic readings online. The report reveals a rising trend: more people are turning to trusted, low-cost advisors for guidance on love, career, and emotional clarity. With growing demand for cheap phone psychics and live chat readings, this guide helps users find accurate, budget-friendly psychic services they can trust.

    ⇒ Connect with affordable psychics who deliver real answers!

    Why Choose Cheap Psychic Readings?

    Contrary to popular belief, a cheap psychic reading doesn’t mean low quality. Many trusted and gifted psychics offer discounted or promotional rates to make their services more accessible. These cheap psychics often deliver the same level of accuracy, empathy, and spiritual guidance as higher-priced readers, especially on reputable online platforms.

    Whether you’re looking for answers about love, career, family, or finances, affordable psychic readings can provide meaningful insights without straining your budget.

    ⇒ Talk to cheap psychics you can trust – free trial readings included!

    Top Benefits of Cheap Phone Psychics

    Cheap phone psychics offer incredible convenience. You can connect with a psychic instantly from the comfort of your home, eliminating travel time and added costs. Phone readings are especially ideal for those who value privacy or need guidance during stressful moments.

    Here are a few reasons people choose cheap phone psychics:

    • Immediate access to guidance during tough decisions
    • Flexible scheduling, day or night
    • Anonymity and emotional comfort
    • Affordable rates without compromising quality

    ⇒ Connect now for cheap psychic readings that are accurate and affordable!

    How to Find Affordable Psychics You Can Trust

    When looking for affordable psychics, it’s essential to choose a platform with verified readers and positive user reviews. Many well-known psychic websites offer introductory deals, such as:

    • First 3 minutes free
    • $1 per minute specials
    • Discounted first readings

    These promotions let you test a psychic’s style and accuracy before committing to a longer session.

    Get the best cheap psychic readings from trusted and accurate advisors. Affordable, real insights from cheap phone psychics ready to guide your path today.

    ⇒ Connect with affordable psychics offering free trial readings!

    What to Expect During a Cheap Psychic Reading

    A cheap psychic session can be just as enlightening as a premium one. The key is to approach the reading with an open mind and clear intentions. Whether your session is over chat, phone, or video, prepare your questions in advance and be honest with your psychic.

    Common reading types include:

    • Tarot card readings
    • Astrology reports
    • Love and relationship readings
    • Career guidance
    • Spiritual and life path coaching

    ⇒ Discover the best cheap psychics for love, career, or life decisions

    Tips to Maximize Your Affordable Psychic Readings

    To get the most out of your session:

    1. Write down your questions ahead of time.
    2. Choose a quiet, private space for your reading.
    3. Stay open and relaxed to receive clear guidance.
    4. Take notes during or after the reading.
    5. Follow up if needed — many platforms allow reviews or follow-up sessions.

    Explore accurate and affordable guidance with cheap psychic readings. Connect instantly with the best cheap phone psychics trusted by thousands.

    ⇒ Connect instantly and get free minutes with top-rated cheap psychics!

    As search interest grows for terms like “cheap psychic,” “cheap psychic readings,” and “affordable psychic readings,” it’s clear that accessibility is now just as important as accuracy. That’s why The-Psychic-Experts.com is committed to helping users find trusted, insightful services that don’t come with a high price tag.

    Unlike generic directories filled with marketing hype or vague listings, this guide was designed to provide real answers to real questions: Are psychics legitimate? Can you chat with a psychic online for free before paying? What are the best platforms for psychic phone readings on a budget?

    To answer these questions, The-Psychic-Experts.com reviewed platforms offering flexible options, such as chat or phone formats, transparent pricing, and specialties like love readings, energy healing, and mediumship. Special attention was given to services offering trial minutes, clear pricing, and affordable access to accurate guidance, helping users make informed choices without overspending.

    ⇒ Talk to cheap phone psychics for quick, accurate insights!

    The goal is to make it easy for users to find a cheap psychic without compromising on quality, accuracy, or privacy. Whether you’re looking for a quick live chat or a longer phone psychic reading, this guide connects you with options that suit both your budget and emotional needs.

    Trusted, accurate, and affordable — explore the best cheap psychic readings with top-rated cheap phone psychics who deliver real answers that matter.

    ⇒ Connect instantly with affordable and trusted cheap psychics!

    How The Psychic Experts Rank the Best Cheap Psychic Reading Services in 2025

    The psychic experts evaluate psychic reading platforms using a detailed and independent review system. The aim is to give users a clear understanding of what to expect from affordable psychic services before committing time or money. Every service reviewed is analyzed through several key criteria designed to ensure that the recommendations are trustworthy, accessible, and aligned with user expectations.

    Unlock your future with affordable and accurate cheap psychic readings. The best cheap phone psychics are available now for trusted, insightful advice.

    ⇒ Talk now to cheap phone psychics with a free trial offer!

    Price Transparency

    One of the most essential factors in the ranking process is pricing clarity. Services showing per-minute rates, trial offers, and refund terms are rated higher than those that obscure fees behind layered credit systems or hidden conditions. A primary concern among new users is being charged without fully understanding how pricing works. To address this, only platforms that provide upfront pricing and clearly explain the cost of cheap psychic readings were considered for the final list.

    The guide also places value on services that offer a low-cost entry point—such as a few free minutes to try the service or no requirement for upfront credit card information. These features help users test the quality of a phone psychic or live chat session before deciding whether to continue.

    ⇒ Connect with the most accurate cheap psychics today!

    Service Accessibility (Chat and Phone Options)

    Accessibility is also a priority. The rankings focus on services that support chat and phone psychic readings, allowing users to choose the most comfortable format. Some prefer speaking with a psychic by phone for a more direct and personal exchange, while others are more at ease using a chat-based interface, especially when exploring sensitive topics in private.

    In both formats, accessibility across devices (mobile and desktop), language support, and the option for instant sessions were all evaluated. Services that made it easy to chat with psychics online, free of complicated signups or long wait times, were rated more favorably.

    Spiritual Accuracy and Professionalism

    To assess the quality of the readings themselves, The-Psychic-Experts.com uses controlled testing. A selection of readers from each service is evaluated through trial sessions designed to measure consistency, relevance, and tone. Services that employed psychics with clear, situation-specific insights scored higher in this category.

    The site does not promote guarantees of supernatural outcomes or unrealistic claims. Instead, the focus is on practical guidance delivered respectfully, with a tone that supports emotional clarity. Psychics who consistently offered helpful, grounded insights in phone and chat formats were favored in the final ranking.

    ⇒ Discover affordable guidance with cheap psychic readings!

    User Experience and Real Reviews

    Finally, user feedback plays a central role in the ranking process. Hundreds of verified customer reviews, across multiple sources, were analyzed to identify patterns. Common themes included satisfaction with pricing, responsiveness, emotional impact, and whether the session met expectations.

    Services with frequent complaints about billing confusion, rushed readings, or lack of availability were excluded from the top ranks. Instead, preference was given to platforms with steady user satisfaction and repeat engagement.

    No specific company or brand is named in this report. The goal is to offer general consumer guidance based on consistent patterns and user needs. This approach protects the editorial neutrality of The-Psychic-Experts.com and keeps the focus on experience quality rather than marketing.

    The result is a trusted resource for anyone seeking a cheap psychic who can offer reliable advice without financial risk or long-term commitment.

    ⇒ Discover cheap psychic readings with honest and trusted advisors!

    What Makes Cheap Psychic Readings Online a Practical Option in 2025?

    There’s a common misunderstanding that lower-cost services mean lower quality. The-Psychic-Experts.com’s 2025 guide proves that this is not the case when it comes to psychic readings. Affordable services can deliver valuable, emotionally supportive insights, especially when evaluated carefully.

    Access Anytime, Across Time Zones

    One of the most substantial advantages of online psychic services is 24/7 access. No matter where the user is located, they can connect with a phone psychic or live chat advisor at any hour. This removes scheduling barriers and allows quick access during personal crises, major decisions, or periods of emotional uncertainty.

    The guide highlights how services offering both live chat and phone readings are helping users avoid the long wait times often associated with in-person appointments. Whether someone wants to speak with a psychic directly or have a text-based conversation, availability is much more flexible than before.

    ⇒ Talk live with affordable and accurate cheap psychics!

    Lower Cost Doesn’t Mean Low Value

    Price is a significant concern for many people looking for guidance, but not everyone can afford sessions that cost $5 or more per minute. The services reviewed in this report offer alternatives starting at under $1 per minute or include trial minutes to test the service at no cost.

    The ability to speak with cheap phone psychics under traditional rates means more people can access emotional support without pressure. It also encourages repeat engagement, helping users build longer-term insight without financial strain.

    Quality was not compromised. Many users reported that their experiences with cheap psychics were as detailed and impactful as sessions they’d previously paid more for. What matters most is how clear, focused, and helpful the reading is, not how much it costs.

    ⇒ Talk to cheap psychics now and enjoy a free trial session!

    Private, Flexible Sessions

    Not everyone is comfortable discussing personal issues face-to-face. Many users prefer psychic chat sessions because they can stay anonymous while receiving direct answers. The live chat format is handy for first-time users or those who want to explore specific questions discreetly.

    Phone readings remain a preferred option for those seeking a more interactive experience. The connection can feel more personal with voice tone, pauses, and real-time responses. Both methods have benefits, and having the option to choose adds to the appeal of cheap psychic readings online.

    Services that allow users to chat with psychics online for free, at least for a few minutes, give an added layer of confidence. They reduce risk, support trust, and allow users to experience the process before paying for a longer session.

    User Control and Session Customization

    Cheap psychic services often allow users to filter by category, skill, and reading style. This level of control helps people match with psychics who specialize in what they’re going through—whether that’s a relationship issue, work stress, or spiritual uncertainty.

    Rather than relying on one-size-fits-all solutions, users can choose how long they want their session to be, how much they’re willing to spend, and what topics they want to discuss.

    ⇒ Connect with top-rated cheap phone psychics today

    Types of Cheap Psychic Readings Available Online in 2025

    As demand for affordable psychic services increases, so do the options available. The psychic expert’s latest report outlines the most common formats users can choose from when seeking insight and support. These services are built around flexibility—letting people decide how to connect, how much time they want to spend, and what information they hope to receive.

    Psychic Phone Readings

    Phone psychic readings continue to be one of the most requested formats. This method lets users speak directly with a psychic, offering a natural and real-time conversation. Many people feel more connected when they hear voice tone, emotion, and pacing—all of which help build trust during a reading.

    Phone sessions are ideal for those who want detailed discussions or have multiple questions that need follow-up. They’re also preferred by people dealing with emotionally complex topics like relationship decisions or long-term career questions. Because of their interactive nature, phone readings often allow for deeper follow-through and clarification.

    Phone psychic readings are offered at various price points. The report features several services where cheap phone psychics offer quality sessions under $2 per minute, with many providing free minutes upfront for first-time users.

    ⇒ Talk to psychic experts offering affordable phone readings!

    Live Psychic Chat Readings

    Chat-based readings are especially popular with users who prefer privacy or wish to remain anonymous. This format involves real-time messaging with a psychic advisor, often through a platform’s built-in chat tool.

    Many users choose this option because it gives them more time to think about what they want to say. It also creates a written transcript of the conversation, which can be helpful for review later. Live psychic chat is a common starting point for new users exploring the service without committing to a phone call.

    For those wondering if chat readings are as effective as phone ones, The-Psychic-Experts.com notes that both formats can be equally accurate. The decision often comes down to personal comfort.

    Chat services are also a strong choice for people with hearing difficulties or those in shared living spaces where phone calls aren’t ideal. They often include features like instant connection, user ratings, and profile filters that help match the reader to the user’s concerns.

    ⇒ Connect with cheap psychics who offer real insight

    Psychic Medium Chat

    This chat form focuses specifically on communicating with loved ones who have passed away. Medium readings are usually more specialized and are handled by psychics trained in this type of spiritual connection.

    The format can vary between chat and phone, but many people find psychic medium chat to be less overwhelming than a phone session, especially when dealing with grief. Written communication allows them to take their time, reflect, and process what is being shared.

    Not all services offer this type of reading, and The-Psychic-Experts.com’s report highlights which platforms include mediumship among their specialties. Readers trained in this area are usually marked clearly on their profiles, and users are encouraged to seek reviews before beginning a session.

    Free Psychic Reading Online Chat (No Credit Card Needed)

    A growing number of users prefer to try a reading without any financial commitment. The guide also looks at platforms offering free psychic chat with no credit card required.

    These trial sessions are often short, typically 3 to 5 minutes, but give users a sense of the reader’s style and accuracy. More importantly, they reduce the risk of misunderstanding pricing models or being locked into service before feeling confident.

    Many people use these free minutes to test multiple readers before deciding who to work with long-term. For those unsure where to start, this is one of the most practical ways to explore psychic reading without pressure.

    ⇒ Talk now and get a free trial with cheap psychic readings!

    When to Choose Chat or Phone

    There’s no single format that fits everyone. Choosing between chat and phone depends on the user’s communication style, emotional needs, and environment.

    Phone is best for:

    • Real-time emotional support
    • Follow-up questions
    • Detailed explanations

    Chat is best for:

    • Privacy or public settings
    • Written reference after the session
    • First-time users testing the service

    ⇒ Connect for accurate, affordable cheap phone psychic sessions

    How to Choose the Right Cheap Psychic for Your Needs

    Finding the right psychic doesn’t always mean finding the most expensive one. Many users discover that a low-cost reader can offer just as much value when properly vetted. The-Psychic-Experts.com outlines several tips to help people choose wisely, avoid common mistakes, and match with a psychic who aligns with their goals.

    Look for Verified Reviews and Reading Samples

    A good starting point is reading user feedback. Platforms included in the guide often feature star ratings, written testimonials, and repeat client data. These reviews can help identify patterns, such as whether a psychic is known for accuracy, compassion, or quick connection.

    Some services allow potential clients to read public transcripts or summaries from previous sessions. This can give insight into how the psychic communicates and whether their tone matches the user’s preferences.

    ⇒ Talk to affordable, cheap psychics with top reviews!

    Focus on Specialty Match

    Not all psychics work the same way. Some focus on love and relationships, while others specialize in spiritual growth, career decisions, or past life readings. Choosing someone aligned with the topic at hand makes the session more productive.

    For example:

    • Love readings: Look for keywords like soulmate, twin flame, or relationship analysis.
    • Career or money questions: Search for financial clarity or professional guidance tags.
    • Past life insight: Choose readers trained in regression or spiritual recall techniques.

    Use Free Minutes or Trial Offers

    Cheap psychic readings don’t mean guessing. Many reviewed services offer free 3–5 minutes to new users. This time can be used to evaluate clarity, tone, and connection before deciding whether to continue.

    Users can end the session without penalty if the reader seems unclear, vague, or repetitive. Trial minutes are essential for testing multiple options until the right match is found.

    ⇒ Talk to affordable psychics now and enjoy free minutes!

    Red Flags to Watch Out For

    While most reviewed services are legitimate, staying cautious is still essential. The-Psychic-Experts.com advises users to be aware of certain warning signs:

    • Pushing for extended time: If a reader pressures a client to extend beyond their planned session, this is a concern.
    • Making absolute promises: No psychic can guarantee specific outcomes.
    • Scare tactics or upselling: Any mention of curses, spells, or urgent need for payment to avoid bad energy is a red flag.

    If a psychic introduces those themes, users can disconnect immediately and report the session if needed.

    Trust Your First Impression

    First impressions matter. If a psychic doesn’t feel present, respectful, or connected in the first few minutes, they may not be the right choice.

    Users are encouraged to prepare a few clear questions before the session and to keep the conversation focused. The best psychics will listen carefully, respond directly, and create a comfortable space for users to share details at their own pace.

    ⇒ Talk to the best cheap psychics for career and relationship insights!

    What Real Users Say About Cheap Psychic Readings Online

    The psychic experts gathered experiences from everyday users who’ve turned to cheap psychic readings online for clarity and emotional support. The following testimonials represent user profiles covering a range of demographics and situations. These stories help show how accessible psychic services, including psychic phone readings and free psychic chat options, are making a difference in people’s lives in 2025.

    ⇒ Discover peace of mind with cheap psychic readings!

    Samantha, 27, Graphic Designer — Oregon

    “I started using psychic chat services about a year ago when I was going through a confusing breakup. I didn’t want to discuss it with friends, and therapy wasn’t in my budget. I found a cheap psychic online who helped me put my feelings in perspective. We connected through a free psychic reading online chat with no credit card required. I was surprised by how calming it was just to talk through things.”

    Samantha now uses affordable psychics for guidance on career decisions. “It’s a tool I use when I need another point of view. Not everything is groundbreaking, but the good sessions really help me get unstuck.”

    ⇒ Connect to trusted cheap psychics offering free minutes!

    Richard, 64, Retired Police Officer — Florida

    “I used to think psychic readings were all just entertainment. But when I lost my wife, I found myself searching for anything that could offer comfort. I wasn’t ready for a full conversation at first, so I tried a live psychic chat. The reader made no wild claims; it just helped me think about what I was holding onto.”

    Now, Richard prefers phone psychic readings. “Sometimes you just want to talk, and the chat doesn’t feel like enough. I’ve found a few cheap phone psychics who actually take the time to listen.”

    He continues to use psychic phone readings every few months. “The cost is manageable, and it helps me focus.”

    Tania, 35, Single Mother of Two — Texas

    “I work full-time and raise two kids. There’s not a lot of time or money left over for me. A friend told me about free psychic chat online, and I thought, ‘Why not?’ I asked about some decisions I’d been avoiding—whether to move, take a promotion, start dating again.”

    Tania found the convenience of live chat critical. “I could message someone late at night while the kids were sleeping. And the advice felt honest, not like someone trying to sell me a dream.”

    She’s used affordable psychic readings several times since. “You can get what you need in 15 minutes, and it doesn’t cost more than lunch. That’s what makes it sustainable.”

    ⇒ Discover love, money, and destiny with cheap phone psychics

    Closing Summary: A Practical Guide for Affordable Spiritual Support in 2025

    The Psychic Experts 2025 report is a practical resource for anyone looking to explore cheap psychic readings without confusion or high costs. By focusing on services that are accessible, affordable, and flexible, the guide helps users take control of their spiritual questions, whether they prefer quick online chats or full phone psychic readings.

    With interest in cheap psychic readings, low-cost phone sessions, and flexible reading formats rising across the country, users now have more ways to get support that fits their schedule and budget. This guide simplifies that process by providing precise, unbiased evaluations prioritizing user experience over promotional claims.

    The platform has helped thousands of people find their first psychic, explore new reading formats, and return to trusted advisors—all without long-term commitment or inflated pricing. Whether someone seeks relationship advice, closure from a past event, or direction in a career choice, the right psychic match is easier to find when guided by accurate, experience-based information.

    FAQs

    Are cheap psychic readings accurate?

    Yes, cheap psychic readings can be just as accurate as more expensive sessions. Many affordable psychics offer low rates to attract new clients or provide spiritual guidance to a wider audience. Accuracy depends more on the psychic’s ability than the price.

    What makes a psychic reading “cheap”?

    A cheap psychic reading usually refers to sessions offered at a lower-than-average rate, often as part of a promotion or introductory offer. Many trusted platforms feature cheap psychics with special deals like $1 per minute or free first minutes.

    Where can I find affordable psychic readings online?

    You can find affordable psychic readings on reputable websites that verify their psychics and offer user reviews. Look for platforms that highlight cheap phone psychics and chat options, with clearly stated pricing and customer support.

    Are cheap phone psychics reliable?

    Yes, many cheap phone psychics are experienced and trustworthy. Phone readings can offer the same depth and accuracy as in-person sessions, especially when provided by vetted and well-reviewed affordable psychics.

    Can I get a cheap psychic reading about love and relationships?

    Absolutely. Many cheap psychics specialize in love, relationships, and compatibility readings. Whether you’re dealing with heartbreak or seeking your soulmate, cheap psychic readings can offer deep insights at a low cost.

    How long does a cheap psychic reading last?

    The duration depends on the platform and your budget. Most cheap psychic readings are billed per minute, allowing you to control how much you spend. Short sessions can still provide powerful insights, especially with focused questions.

    What should I ask during an affordable psychic reading?

    Prepare clear, specific questions to get the most out of your affordable psychic reading. Topics can include love, career, family, finances, or spiritual growth. Many people ask cheap phone psychics about timing, decision-making, or past-life insights.

    Do affordable psychics offer free readings?

    Many affordable psychics offer the first few minutes free or discounted as a trial. While not completely free, these offers make it easy to test the psychic’s style and accuracy before committing to a full cheap psychic reading.

    Are cheap psychic readings safe and confidential?

    Yes, most reputable platforms that offer cheap psychic readings ensure privacy and confidentiality. Whether you’re connecting with cheap phone psychics or using online chat, your personal information and questions remain secure.

    What’s the difference between a cheap psychic and an expensive one?

    Often, the difference lies in popularity or years of experience. However, many cheap psychics are just as talented but choose to keep their rates accessible. It’s always a good idea to read reviews and choose a psychic based on connection and accuracy, not just price.

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

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

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

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

    The publisher only promotes products that have been independently evaluated and deemed potentially beneficial to readers. However, this compensation may influence the content, topics, or products discussed in this article. The views and opinions expressed are those of the author and do not necessarily reflect the official policy or position of any affiliate partner or product provider.

    All product reviews and descriptions reflect the author’s honest opinion based on available public data, user feedback, and scientific references at the time of writing. The inclusion of affiliate links does not influence the objectivity or integrity of the content. However, readers are encouraged to independently verify product information and consult with healthcare professionals prior to purchase or use.

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

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    The MIL Network –

  • MIL-OSI: Relm Insurance Appoints Rob Thomas as Chief Information Security Officer

    Source: GlobeNewswire (MIL-OSI)

    Hamilton, Bermuda, May 27, 2025 (GLOBE NEWSWIRE) —  Relm Insurance (Relm), the leading specialty insurance carrier supporting emerging and innovative industries, is pleased to announce the appointment of Robert Thomas as Chief Information Security Officer (CISO).

    Robert brings over 20 years of leadership experience in cybersecurity and technology across the Banking, Insurance, and FinTech sectors. In his role at Relm, he will be responsible for shaping and executing the company’s information security strategy, strengthening its cyber resilience, and ensuring regulatory compliance as Relm continues to scale globally.

    Throughout his career, Robert has spearheaded digital transformation initiatives, transitioned organizations from outsourced to internal IT service models, and implemented DevOps and automation programs to drive operational efficiency. He has developed robust cybersecurity frameworks aligned with global standards, enabling innovation while protecting critical digital assets in complex, highly regulated environments.

    “Robert’s blend of technical expertise, strategic vision, and leadership acumen makes him a tremendous asset to the team,” said Relm CEO and Founder, Joseph Ziolkowski. “His appointment reflects our continued investment in building a secure, scalable foundation to support the unique needs of our clients in fast-evolving industries.”

    Robert emphasized his enthusiasm about joining Relm, stating: “Relm’s bold approach to innovation and its commitment to client success are what drew me to this opportunity. I’m excited to lead the charge in strengthening cybersecurity posture and embedding security as a core enabler of growth and resilience across the business.”

    Robert holds a Master of Science (MSc) in Information Technology from the University of Liverpool. His leadership philosophy centers on collaboration, transparency, and mentorship, empowering cross-functional teams to deliver secure and scalable solutions.

    About Relm Insurance 

    Relm Insurance Ltd. (Relm) is a Bermuda-domiciled specialty insurance carrier supporting emerging industries that spur innovation and next-generation technologies. Launched in 2019 to address the scarcity of insurance capacity available to these high-growth markets, Relm plays an active role in bolstering the resilience of these innovative industries.  

    Relm’s unrivaled industry expertise and solutions-driven track record makes it a highly sought-after risk partner for businesses and institutions operating at the forefront of various industries including Web3, digital assets, AI, biotech, and the space economy. Relm has earned a Financial Stability Rating of A, Exceptional, from Demotech.  

    Media contact:
    Yasmin Oronos
    Luna PR
    yasmin.oronos@lunapr.io

    The MIL Network –

  • MIL-OSI: Motivosity Launches Lifestyle Spending Accounts to Help Companies Offer Flexible, Hassle-Free Employee Perks

    Source: GlobeNewswire (MIL-OSI)

    LEHI, Utah, May 27, 2025 (GLOBE NEWSWIRE) — Motivosity, the leading people-first employee recognition and rewards platform built for today’s workforce, is proud to announce the launch of its new Lifestyle Spending Accounts (LSAs) program. With this release, HR leaders can now offer personalized, competitive employee perks without the burden of spreadsheets, reimbursements, or disconnected systems—right inside the employee recognition and rewards platform their teams already know and love.

    Designed to meet the growing demand for flexible benefits, Motivosity’s LSA solution enables companies to easily fund and manage perks like wellness stipends, learning budgets, WFH allowances, and commuter benefits—all while maintaining control, visibility, and automation.

    “Most companies want to offer meaningful perks, but they get stuck in the admin,” said Scott Johnson, CEO of Motivosity. “Motivosity lifestyle spending accounts are the most flexible way to offer tailored rewards and incentives to employees. Because employees engage heavily with our platform, the impact of doing LSA’s within Motivosity is unmatched. This gives HR leaders comfort and confidence of knowing programs they put together will have maximum value.”

    Motivosity’s LSAs are fully integrated with the company’s ThanksMatters Visa® card, allowing employees to spend their benefits in the Motivosity store, through custom reward catalogs, or out in the world in pre-defined categories set by their company. Administrators can launch multiple LSA programs in minutes, configure detailed spending rules, and automate top-ups—all while tracking usage and ROI from a single dashboard.

    “Our goal was to make LSAs just as engaging as the rest of our platform,” Johnson added. “When perks are easy to use and visibly celebrated, they don’t just make employees happy—they reinforce your culture.”

    Key benefits of Motivosity’s new LSA offering include:

    • Fully controllable spending: Employers define categories and limits, ensuring every dollar is used as intended.
    • Pre-funded accounts: Eliminate unfunded liabilities with proactive wallet funding.
    • Automated workflows: No more manual receipt reviews or ad hoc reimbursements.
    • Centralized platform: Run LSAs alongside recognition, rewards, and people programs to boost participation and connection.

    Motivosity’s approach to employee experience has already earned the trust of leading brands like Toyota, Bosch, Western Governors University, and KPMG. With the addition of LSAs, the platform now supports even more ways for companies to build culture, increase retention, and simplify HR operations—all without adding another tool to the tech stack.

    To learn more or request a custom demo, visit www.motivosity.com.

    About Motivosity
    Motivosity is the people-first Recognition and Rewards solution built for today’s workforce. By combining peer-to-peer recognition, meaningful rewards, and community-building tools, Motivosity helps organizations create connected cultures where employees feel valued, motivated, and inspired to do their best work.

    Contact Details:

    Name: Erik Yorgason
    Title: Director of Creative & Brand
    Email: erik.yorgason@motivosity.com

    The MIL Network –

  • MIL-OSI: Blue Mantis’ Josh Dinneen Honored with Navy SEAL Chief Petty Officer Kevin A. Houston Award

    Source: GlobeNewswire (MIL-OSI)

    PORTSMOUTH, N.H., May 27, 2025 (GLOBE NEWSWIRE) — Blue Mantis, a leading provider of digital strategy and services specializing in managed services, cybersecurity and cloud solutions, today announced that its CEO, Josh Dinneen, has been honored as the recipient of the Navy SEAL Chief Petty Officer Kevin A. Houston Award. This prestigious recognition is awarded annually by InnoVets and Massachusetts Fallen Heros and it commemorates veterans who exemplify extraordinary service and demonstrate a positive impact on the lives of military families.

    Dinneen, a former sergeant in the U. S. Marine Corps, received the award during the Patriot Week Gala, held at the Encore Boston Harbor Hotel Thursday, May 22. Patriot Week, established in 2016 by InnoVets, is a week-long event series dedicated to spreading awareness of military life and honoring Fallen Heroes. It brings together the veterans and military families for ceremonies, discussions, and celebrations, recognizing local leaders who make meaningful contributions to the Veteran and Gold Star communities.

    The award pays tribute to the legacy of Houston, a highly decorated Navy SEAL known for his exceptional courage and dedication to duty. Born in West Hyannis Port, Mass., Houston enlisted in the U.S. Navy in 1995 and embarked on a distinguished career marked by valor and selflessness. His legacy continues to inspire those who serve and those who support military communities.

    “I am incredibly honored to receive the Navy SEAL Chief Petty Officer Kevin A. Houston Award,” said Dinneen. “Patriot Week is a powerful reminder of the commitment we share to support our veterans and their families. As a U.S. Marine Corps veteran, I am proud to contribute to InnoVet’s mission and continue Chief Petty Officer Houston’s legacy.”

    InnoVets, founded by Massachusetts Fallen Heroes, empowers veterans, transitioning service members, Gold Star Families, and military family members through career development, mentorship, and entrepreneurial opportunities. InnoVets offers programs like STRAC, a business accelerator; CodeX, a cybersecurity training program designed with the support of Blue Mantis; and Veteran’s Edge, a career support initiative. Its mission is to bridge the gap between military service and business success, fostering a strong, united community.

    “Josh Dinneen is a proven business leader, distinguished veteran and rather worthy recipient of the Kevin A. Houston Award and we congratulate him on this honor,” said Dan Magoon, Co-Founder and Executive Director, InnoVets. “Blue Mantis has been a tremendous partner to InnoVets in providing invaluable cybersecurity and IT education, training, mentorship and job placement assistance for military veterans and we are grateful for the firm has done with Josh’s guidance and support.”

    InnoVets further honored the fallen and their Gold Star Families at its Annual Memorial Rededication Ceremony on Saturday, May 24th, at 10 a.m., held at the Massachusetts Fallen Heroes Memorial. Learn more at innovets.org.

    About InnoVets
    InnoVets and Massachusetts Fallen Heroes are dedicated to honoring the Massachusetts Veterans we have lost since 9/11 and supporting Veterans and Gold Star Families through various avenues of programming.

    About Blue Mantis
    Blue Mantis is a security-first, IT solutions and services provider with a 30+ year history of successfully helping clients achieve business modernization by applying next-generation technologies including managed services, cybersecurity, cloud and collaboration. Headquartered in Portsmouth, New Hampshire, the company provides digital technology services and strategic guidance to ensure clients quickly adapt and grow through automation and innovation. Blue Mantis partners with more than 1,500 leading mid-market and enterprise organizations in a multitude of vertical industries and is backed by leading private equity firm, Recognize. For more information about Blue Mantis and its services, please visit www.bluemantis.com.

    Contact
    Touchdown PR for Blue Mantis
    tdbm@touchdownpr.com

    The MIL Network –

  • MIL-OSI: Rumble Cloud Enters Strategic Collaboration with TRON

    Source: GlobeNewswire (MIL-OSI)

    First phase of collaboration provides TRON with data storage infrastructure

    LONGBOAT KEY, Fla., May 27, 2025 (GLOBE NEWSWIRE) — Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, today announced a strategic collaboration with TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps). In the initial phase of the collaboration, Rumble Cloud will provide access to its infrastructure, supporting a more decentralized and resilient foundation.

    Rumble Cloud is designed to empower organizations to become independent from incumbent hyperscalers’ unfair pricing, vendor lock-in strategies, and censorship through a comprehensive portfolio of essential cloud computing services including virtual machines, Kubernetes orchestration, block and object storage, load balancers, and virtual private cloud options.

    “Blockchain and cryptocurrency represent the decentralized internet that promises the freedom to be innovative, and that is exactly compatible with Rumble’s mission to promote and protect free expression,” said Rumble founder and Chief Executive Officer Chris Pavlovski. “It’s an honor to be entrusted by TRON, and we look forward to a long relationship.”

    “TRON was built on the belief that the internet should be open, censorship-resistant, and owned by its users,” said Justin Sun, Founder of TRON. “Collaborating with Rumble Cloud reinforces that commitment—giving us more freedom to build.”

    TRON also recently reclaimed the distinction of being the leading network for Tether (USDT), the most widely adopted stablecoin, which represents over 63 percent of the global market share with over $150 billion in circulation. This collaboration underscores the synergistic nature of blockchain’s relationship with reliable cloud data storage infrastructure, which provides the secure hosting environment needed to help maintain the decentralized qualities that are native to the industry.

    By leveraging cloud infrastructure through Rumble Cloud, organizations can reduce single points of failure, improve censorship resistance, and ensure the network maintains its decentralized nature while benefiting from enterprise-grade storage reliability. Built on the foundation of the Rumble.com video streaming infrastructure, which already supports millions of video streams, Rumble Cloud offers state-of-the-art technology and compute power that can effortlessly scale operations.

    About RUMBLE
    Rumble is a high-growth video platform and cloud services provider that is creating an independent infrastructure. Rumble’s mission is to restore the internet to its roots by making it free and open once again. For more information, visit: corp.rumble.com.

    Media Contact
    press@rumble.com

    About TRON DAO
    TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

    Founded in September 2017 by H.E. Justin Sun, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin, exceeding $77.7 billion. As of May 2025, the TRON blockchain has recorded over 308 million in total user accounts, more than 10 billion in total transactions, and over $23 billion in total value locked (TVL), based on TRONSCAN.

    Media Contact
    Yeweon Park
    press@tron.network

    ###

    The MIL Network –

  • MIL-OSI: John Snow Labs Acquires WiseCube to Refine and Safeguard Medical AI Models with Knowledge Graphs

    Source: GlobeNewswire (MIL-OSI)

    LEWES, Del., May 27, 2025 (GLOBE NEWSWIRE) — John Snow Labs, the AI for healthcare company, today announced the acquisition of WiseCube, a pioneer in biomedical knowledge graphs and AI-powered literature analysis. The acquisition strengthens the company’s mission to deliver responsible, accurate, and explainable healthcare AI solutions enhanced by WiseCube’s billion-scale knowledge platform.

    WiseCube unifies and analyzes disjointed biomedical datasets to provide fast, literature-backed answers to complex medical questions. Its integration of cutting-edge biomedical ontologies and documents ensures access to the most current and comprehensive medical knowledge. This capability has proven indispensable, uncovering new use cases and solutions John Snow Labs can support, such as drug discovery and precision medicine within the Medical Chatbot Platform.

    The WiseCube acquisition will enable John Snow Labs to:

    • Enhance Biomedical Literature Review: Unique algorithms enable holistic analysis of unstructured data and medical ontologies to generate new scientific hypotheses.
    • Accelerate Drug Discovery: Surfacing hidden relationships among drugs, genes, and diseases, WiseCube shortens the path from discovery to clinical trials.
    • Improve Hallucination Detection for Medical LLMs: WiseCube’s Pythia service includes a hallucination detection tool that can monitor AI-generated responses alignment with verified medical knowledge, enhancing compliance and safety of medical AI applications.

    “With John Snow Labs’ leadership in healthcare AI, our combined teams can now bring safe and effective AI solutions to the market at scale,” said Vishnu Vettrivel, CEO, WiseCube. “We look forward to improving research productivity, clinical decision-making, and patient outcomes together.”

    “The integration of WiseCube’s knowledge graph technology into our healthcare AI solutions enables a new level of accuracy and reliability for our customers,” said David Talby, CEO, John Snow Labs. “We’re excited to accelerate the ability to deliver real-world, production-ready solutions that clinicians and researchers can trust.”

    About John Snow Labs
    John Snow Labs, the AI for healthcare company, provides state-of-the-art software, models, and data to help healthcare and life science organizations put AI to good use. Developer of Medical LLMs, Healthcare NLP, Spark NLP, the Generative AI Lab No-Code Platform, and the Medical Chatbot, John Snow Labs’ award-winning medical AI software powers the world’s leading pharmaceuticals, academic medical centers, and health technology companies. Creator and host of The NLP Summit, the company is committed to further educating and advancing the global AI community.

    Contact
    Gina Devine
    Head of Communications
    John Snow Labs
    gina@johnsnowlabs.com 

    The MIL Network –

  • MIL-OSI: Goodyear’s Sightline Tire Intelligence Software Technologies to be Featured on SDVerse, Advancing Software-Defined Mobility

    Source: GlobeNewswire (MIL-OSI)

    ANN ARBOR, Mich., May 27, 2025 (GLOBE NEWSWIRE) — SDVerse™, the premier B2B marketplace for vehicle software, today announced that Goodyear, one of the world’s largest tire companies, will promote its SightLine suite of tire intelligence software offerings on the SDVerse platform. Goodyear, whose state-of-the-art products and services set the technology and performance standard for the industry, is marking a bold step into the software-defined vehicle (SDV) space, introducing tire-centric software solutions aimed at enhancing vehicle performance, safety, and efficiency.

    Goodyear’s suite of intelligent mobility solutions – featuring real-time tire health diagnostics, road surface sensing, and predictive maintenance insights – were designed to empower OEMs and Tier-1s the ability to integrate tire intelligence directly into core vehicle systems. SDVerse is the first online marketplace to showcase Goodyear’s expansion from hardware into the digital layer of mobility. Goodyear’s digital offerings reflect a growing industry shift towards data driven and connected platforms, where every component, including tires, contributes to a safer, more efficient driving experience.

    “​Our tire intelligence technologies are at the core of our commitment to innovation” said Werner Happenhofer, Vice President of Global Tire Intelligence & Solutions at Goodyear. “Integrating these technologies into a vehicle’s controls systems represents a significant step forward in enhancing vehicle safety, performance, and efficiency. Partnering with SDVerse gives us the opportunity to collaborate with other members and OEMs as we meet the evolving demands of the industry.”

    With Goodyear’s entry, SDVerse continues its mission to transform automotive software sourcing – connecting buyers and sellers, accelerating innovation, and enabling software-defined mobility at scale.

    “We’re thrilled to welcome Goodyear to SDVerse,” said Prashant Gulati, CEO of SDVerse. “Goodyear’s move into software is not only bold but incredibly timely. Their presence on our platform underscores the breadth of what software-defined vehicles can become—where even tires evolve into intelligent systems contributing real-time data and decision-making capabilities across the vehicle ecosystem.”

    For more information or to explore Goodyear’s software offerings, visit Goodyear at SDVerse.

    About SDVerse
    SDVerse is a first-of-its-kind B2B marketplace for buying and selling vehicle software. Backed by founding members General Motors (GM), Magna, and Wipro, SDVerse is accelerating the future of software-defined vehicles by providing a matchmaking marketplace for buyers and sellers that benefits the entire automotive ecosystem. Its standard-agnostic marketplace is available to all OEMs, suppliers, and any company with relevant software offerings and tools. Learn more at www.sdverse.auto.

    SOURCE SDVerse

    The MIL Network –

  • MIL-OSI: Rumble CEO to Host Fireside Chat with Donald Trump Jr. at Bitcoin 2025, Announces Sponsorship and Live-Streaming at the Conference

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, NV, May 27, 2025 (GLOBE NEWSWIRE) — Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, today announced that its founder and CEO Chris Pavlovski will interview Donald Trump Jr., host of Triggered, a Rumble exclusive podcast and board member of Trump Media & Technology Group (NASDAQ: DJT), live on stage at the Bitcoin 2025 conference in Las Vegas. The conversation is titled “Uncancelable: Bitcoin, Rumble & Free Speech,” and will be live-streamed on Tuesday, May 27, 2025 at 4:30 p.m. PT from the Nakamoto Stage at The Venetian Las Vegas.

    Rumble also announced a partnership role with Bitcoin 2025, serving as a 3 Block sponsor of the conference. Rumble will have a significant live-streaming presence at the event with many creators producing their content on-site.

    “Bitcoin represents decentralization and freedom, just like Rumble, which is why this is such an obvious and great pairing,” Pavlovski said. “At Rumble, we’ve adopted a Bitcoin treasury strategy because it’s growth-oriented and forward-looking—one of many reasons it’s important that Rumble be involved with Bitcoin 2025.”

    You can watch the fireside chat and the Bitcoin 2025 Conference here.

    ABOUT RUMBLE

    Rumble is a high-growth video platform and cloud services provider that is creating an independent infrastructure. Rumble’s mission is to restore the internet to its roots by making it free and open once again. For more information, visit: corp.rumble.com.

    Contact: press@rumble.com.

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    The MIL Network –

  • MIL-OSI: Oxbridge / SurancePlus to Participate in the “2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow” Virtual Conference Presented by Maxim Group LLC

    Source: GlobeNewswire (MIL-OSI)

    GRAND CAYMAN, Cayman Islands, May 27, 2025 (GLOBE NEWSWIRE) — Oxbridge Re Holdings Limited (Nasdaq: OXBR) (“Oxbridge Re”), together with its subsidiary SurancePlus, is engaged in the tokenization of Real-World Assets (“RWAs”), initially with tokenized reinsurance securities and in providing reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States. The company today announced its CEO Jay Madhu has been invited to present at the “2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow,” presented by Maxim Group LLC, on Tuesday, June 3rd at 1:00 PM EDT.

    Event Details: Oxbridge / SurancePlus CEO and Maxim Senior Analyst Fireside Chat
    Date: Tuesday, June 3, 2025
    Time: 1:00 PM – 1:30 PM (EDT)
    Location: This conference will be live on M-Vest. To attend, sign up to become an M-Vest member.
    Click here to learn more and reserve your seat.

    Discussion Highlights

    • Bringing Traditional Finance On-Chain: How Oxbridge and SurancePlus are leveraging blockchain to modernize reinsurance markets
    • Democratization of Reinsurance: Making reinsurance accessible to a much broader range of investors globally
    • Tokenized Reinsurance RWAs: A first-of-its-kind asset class offered by a public company subsidiary, targeting 20% and 42% annual yields

    Jay Madhu, CEO of Oxbridge, commented: “Maxim’s Tech Conference is a great platform to showcase how we are bridging traditional insurance with Web3 and blockchain innovation. At SurancePlus, we are not just creating tokenized reinsurance securities – we are expanding access to a high-yield opportunity that is uncorrelated to traditional capital markets and has been historically inaccessible to most.”

    Oxbridge / SurancePlus will be taking part in the “2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow.” The rapid evolution of technology is paving the way for disruption across all industries, including healthcare, drones, consumer IoT, business solutions, gaming & entertainment, and more. In Maxim’s 2025 Virtual Tech Conference, we will explore how emerging growth companies are expanding their use of Quantum Computing and Artificial Intelligence (AI) to position themselves for the future. Maxim Senior Analysts will facilitate engaging dialogues with CEOs and key management of diverse companies who have their attention on technology and how it will impact and grow their business.

    About Oxbridge Re Holdings Limited 

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

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

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

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

    About Maxim Group LLC

    Maxim Group LLC is a full-service investment banking, securities and wealth management firm headquartered in New York. The Firm provides a full array of financial services including investment banking; private wealth management; and global institutional equity, fixed-income and derivatives sales & trading, equity research and prime brokerage services. Maxim Group is a registered broker-dealer with the U.S. Securities and Exchange Commission (SEC) and the Municipal Securities Rulemaking Board (MSRB) and is a member of FINRA SIPC, and NASDAQ. To learn more about Maxim Group, visit maximgrp.com

    The MIL Network –

  • MIL-OSI: Parched Hospitality Group Puts the Guest Experience First with New Paytronix Rewards App

    Source: GlobeNewswire (MIL-OSI)

    Loyalty with an Australian Vibe — Parched launches a tiered rewards program to engage and reward guests digitally, across its unique dining & cocktail brands

    NEWTON, Mass. and NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) — Paytronix, the leader in guest engagement for restaurants and convenience stores, and Australian culture inspired Parched Hospitality Group have launched “Parched Locals,” a powerful new rewards program and mobile app to engage with guests across all four of its iconic restaurant brands: Daintree; Hole in the Wall; Isla & Co.; and Wallflower. Guests can sign up for membership to become a Local with any store in the Parched family to get rewards and bonus perks across all the brands.

    Parched operates nine unique restaurants in New York and Florida, featuring multiple concepts that take inspiration from Australia where much of the executive team was born. Stop by Hole in the Wall or Isla and Co. for an Australian street corner vibe to enjoy a cup of specialty coffee and hearty breakfast, or dinner and date night out. Swing by Wallflower for cocktails and a bite, where vinyl records are found spinning throughout the night. Or experience the Australian forest environment at Daintree to enjoy the lush greenery and rooftop view, under the watchful eye of the New York skyline.

    “We’ve got such a fantastic group of loyal customers, we wanted to give back to them and make sure they feel as much a part of our family as we feel about them,” said Tom Rowse, Chief Strategy Officer, Parched, “The Parched Locals program and mobile app will help expand and grow our family while thanking them. Paytronix brings so many ways to surprise and reward guests, engaging with them through a program that’s true to each brand’s unique needs and style.”

    Become a Mate Today
    By downloading the Parched mobile app new mates will automatically get a free cocktail, coffee or fries just for signing up!

    The mobile app is designed to be a one-stop shop to explore all the Parched venues. There, guests can reserve a table, explore the menu, manage their account and earn/redeem rewards. When on the go, they can order online – with app exclusive pricing just for members! Earn and redeem rewards at any restaurant in the Parched family. Sign up online, or at any local Parched location during checkout.

    Members earn points for every purchase they make and also gain first access to special offers and limited-time rewards. Frequent guests can move up tiers in the program to unlock additional perks and extra rewards.

    “Parched designed their digital brand intentionally to ensure guests feel at home and experience Australian hospitality however they engage, across the Parched brands”, said Andrea Mulligan, Chief Customer Officer, Paytronix. “The guest experience has been at the center of the brand since its conceptualization. Parched is giving back to its regular customers and making it convenient for people to engage with them whether in person or remotely.”

    Parched deployed the full Paytronix guest engagement platform, which also provides powerful tools for online ordering, rewards, email/messaging/SMS and marketing, and gift card solutions. Rollout was easy, with Paytronix integrating directly with the Toast POS system used by Parched. Paytronix even supported specialized integration needs, like direct integration of Sunday QR code payments.

    About Parched Hospitality Group
    Parched Hospitality Group (PHG) began in 2014 with the opening of a boutique New York City coffee shop, Hole in the Wall. This humble establishment quickly became an iconic café brand, laying the foundation for PHG’s expansion into a multi-concept hospitality group. Drawing inspiration from Australian, Southeast Asian, and European cultures, PHG delivers exceptional customer experiences and innovative concepts–a third place for guests in each local community it operates in.

    Today, PHG’s portfolio includes renowned establishments such as Hole in the Wall, Isla & Co., Daintree, and Wallflower, each venue offering unique dining experiences, from modern Australian cuisine to innovative cocktails. Parched operates nine restaurants across New York and Florida as well as a direct-to-consumer coffee brand, all connected by a shared mission that puts community, customer experience, and creativity at the heart of everything they do. Learn more at https://parchedhg.com/.

    About Paytronix
    Paytronix, an Access Group company, is a cloud-based digital guest engagement platform for the hospitality industry. Our innovative, unified platform provides loyalty programs, online ordering, gift cards, branded mobile applications, and strategic insights to more than 1,800 leading restaurant and convenience store brands. Our valued clients leverage the power of Paytronix across 50,000 sites globally to create seamless, personalized, and brand-authentic experiences that foster lasting relationships with their customers. For more than 20 years, Paytronix has been a trusted partner helping brands maximize the lifetime value of their guests and grow more profitable businesses. For more information, visit www.paytronix.com.

    Media Contact:
    Calen McGee
    Paytronix Systems, Inc.
    Calen.McGee@theaccessgroup.com 

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5188c284-8a8e-457a-ab04-d356fd629588

    The MIL Network –

  • MIL-OSI: Bitget Wallet Expands Sei Campaign to Gaming as Trading Volume Jumps 150-Fold

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, May 27, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, has launched another phase of its Sei Ecosystem Month campaign, introducing a $75,000 rewards pool dedicated to Sei-based gaming applications. The update comes as earlier phases of the campaign helped drive over $25 million in total value locked (TVL) and a 150-fold increase in Sei’s onchain trading volume within just a week of launch.

    Powered by Bitget Wallet’s full integration with the Sei network, users can trade, bridge, and interact with Sei-native DApps directly in-app. The wallet supports cross-chain transfers from 30 blockchains into Sei EVM and aggregates liquidity across 130+ chains through its Super DEX. These tools have helped simplify user onboarding and accelerate ecosystem engagement across DeFi, trading, and now GameFi and AI verticals.

    Previous phases of the campaign featured collaborations with Takara Lend and Sailor Finance, focusing on DeFi participation and trading activity across the Sei network. The newly launched phase running from May 27 to June 27, features five interactive projects: Archer Hunter, Dive Diary, Fishwar, Hot Spring, and Kawaii Puzzle. Each project offers unique gameplay and task-based rewards. Users participating through Bitget Wallet can complete specific missions across these applications to earn SEI rewards, with participation tracked through verified wallet interactions.

    “By aligning cross-chain infrastructure with real utility in DeFi, trading, and now gaming, we’re seeing Sei ecosystem adoption scale week by week,” said Alvin Kan, COO of Bitget Wallet. “The following phase opens the door to a wider user base, giving people more ways to engage with Sei through games and social interactions.” Additional campaign phases spotlighting more projects are set to follow in the coming weeks.

    For more information, visit Bitget Wallet blog and the official X channel.

    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, please contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d663d71f-de3a-4168-b6cc-4a4694f4e1e1

    The MIL Network –

  • MIL-OSI: NANO Nuclear Energy Announces Pricing of $105 Million Private Placement of Common Stock

    Source: GlobeNewswire (MIL-OSI)

    The offering includes primary participation from fundamental institutional investors, including a leading long-only mutual fund and a preeminent global investment manager

    Company total cash position expected to be over $200 million following closing

    New York, N.Y., May 27, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company, today announced that it has entered into a definitive securities purchase agreement with institutional investors for the purchase and sale of 3,888,889 shares of common stock in a private placement at a purchase price of $27.00 per share, for total gross proceeds of $105 million.

    Participants in the private placement include several fundamental institutional investors, including a leading long-only mutual fund and a preeminent global investment manager.

    The closing of the offering is expected to occur on or about May 28, 2025, subject to the satisfaction of customary closing conditions.

    With the anticipated net proceeds from the private placement, NANO Nuclear would have over $200 million in cash on hand, which it expects to use to more readily advance its cutting-edge micro nuclear reactors and auxiliary nuclear energy-related businesses, as well as to seek complimentary acquisitions and drive growth towards initial revenue generation.

    Titan Partners Group, a division of American Capital Partners, is acting as the sole placement agent for the offering.

    The securities issued in the private placement described above have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. NANO Nuclear has agreed to file a resale registration statement with the SEC for purposes of registering the resale of the shares of common stock issued in connection with the private placement.

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

    For more corporate information please visit: https://NanoNuclearEnergy.com/

    About NANO Nuclear Energy, Inc.

    NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.

    Led by a world-class nuclear engineering team, NANO Nuclear’s reactor products in development include patented KRONOS MMR™ Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign (U. of I.), “ZEUS”, a solid core battery reactor, and “ODIN”, a low-pressure coolant reactor, and the space focused, portable LOKI MMR™, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors.

    Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.

    HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.

    NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon’s surface.

    For more corporate information please visit: https://NanoNuclearEnergy.com/

    For further information, please contact:

    Email: IR@NANONuclearEnergy.com
    Business Tel: (212) 634-9206

    PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:

    NANO Nuclear Energy LINKEDIN
    NANO Nuclear Energy YOUTUBE
    NANO Nuclear Energy TWITTER

    Cautionary Note Regarding Forward Looking Statements

    This news release and statements of NANO Nuclear’s management in connection with this news release or related events contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements (including statements related to the closing, and the anticipated benefits to the Company, of the private placement described herein) related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”) or related state or non-U.S. nuclear fuel licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop, gain registered intellectual property protection for, and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    The MIL Network –

  • MIL-OSI: Indonesia Energy Provides Update on Operations and Reserves and Planned Drilling During the Remainder of 2025

    Source: GlobeNewswire (MIL-OSI)

    2024 investments in seismic and other work and Kruh contract extension increased reserves at Kruh Block by over 60%

    JAKARTA, INDONESIA AND DANVILLE, CA, May 27, 2025 (GLOBE NEWSWIRE) — Indonesia Energy Corporation (NYSE American: INDO) (“IEC”), an oil and gas exploration and production company focused on Indonesia, today provided an update on IEC’s planned drilling activity for the second half of 2025.

    During 2024, IEC scaled back drilling activity at its Kruh Block asset and invested in seismic and other exploration work intended to maximize the prospects for new drilling. With that work now completed, new drilling is expected to commence at Kruh Block in the second half of 2025, as IEC plans to drill at least one new well this year as part of its multi-year program to drill 18 new wells at Kruh Block.

    In its recently filed Annual Report on Form 20-F, IEC updated its proved gross reserves at Kruh Block, noting that IEC’s proved reserves increased over 60% to approximately 3.3 million barrels as a result of the additional seismic and other work conducted in 2024 and the 5-year contract extension granted in late 2023 by the Indonesian government.

    Mr. Frank Ingriselli, IEC’s President, commented “We are pleased that our investments in Kruh Block and the 3D seismic work we have now completed resulted in a 60% increase in our proved gross reserves (even without any additional drilling activity). After attending meetings with the technical and operating teams in Jakarta and meetings with the drilling and operating teams in Sumatra, we are finalizing the drilling plans for later this year. With a successful result from our next well, we are hopeful that a further increase in reserves will be forthcoming. We believe our seismic data in hand will make our drilling even more effective and help us maximize the returns from this important asset”

    More information regarding IEC’s planned drilling activities and reserve details for the Kruh Block and the Citarum Block can be found in IEC’s Annual Report on Form 20-F which was filed last month with the Securities and Exchange Commission and is available on IEC’s website at: https://ir.indo-energy.com/sec-filings/

    About Indonesia Energy Corporation Limited

    Indonesia Energy Corporation Limited (NYSE American: INDO) is a publicly traded energy company engaged in the acquisition and development of strategic, high growth energy projects in Indonesia. IEC’s principal assets are its Kruh Block (63,000 acres) located onshore on the Island of Sumatra in Indonesia and its Citarum Block (195,000 acres) located onshore on the Island of Java in Indonesia. IEC is headquartered in Jakarta, Indonesia and has a representative office in Danville, California. For more information on IEC, please visit www.indo-energy.com.

    Cautionary Statement Regarding Forward-Looking Statements

    All statements in this press release, and related statements of Indonesia Energy Corporation Limited (“IEC”) and its representatives and partners that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Acts”). In particular, the words “could,” “estimates,” “believes,” “hopes,” “expects,” “intends,” “on-track”, “plans,” “anticipates,” or “may,” and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Acts and are subject to the safe harbor created by the Acts. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. In this press release, forward-looking statements include, without imitation those related to IEC’s future drilling plans at Kruh Block. While management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of significant risks, uncertainties, and other factors, many of which are outside of the IEC’s control, that could cause actual results to materially and adversely differ from such statements. Such risks, uncertainties, and other factors include, but are not necessarily limited to, those set forth in the Risk Factors section of the Company’s annual report on Form 20-F for the fiscal year ended December 31, 2024, filed on April 29, 2025, and other filings with the Securities and Exchange Commission (SEC). Copies are of such documents are available on the SEC’s website, www.sec.gov and IEC’s website at https://ir.indo-energy.com/sec-filings/. IEC undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

    Company Contact:

    Frank C. Ingriselli
    President, Indonesia Energy Corporation Limited
    Frank.Ingriselli@Indo-Energy.com

    The MIL Network –

  • MIL-OSI: Siebert Financial Corp. Announces Preliminary Inclusion in the Russell Index

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK and MIAMI, May 27, 2025 (GLOBE NEWSWIRE) — Siebert Financial Corp. (NASDAQ: SIEB) announced it has been included in the 2025 Preliminary Russell U.S. Indexes reconstitution, effective after the U.S. market closing on May 23, 2025. The newly reconstituted indexes take effect after U.S. markets close on June 27.

    “We’re honored by this recognition,” said Gloria E. Gebbia, majority shareholder and board member of Siebert. “Our inclusion in the Russell Index reflects the strategic progress we’ve made to grow our relevance for the next generation of investors. Siebert today is not only stronger, we’re bolder in how we innovate and how we aim to build lasting value.”

    Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. As of June 2024, approximately $10.6 trillion in assets are benchmarked against the Russell U.S. Indexes, which are maintained by FTSE Russell, a leading global index provider.

    About Siebert Financial Corp.
    Siebert is a diversified financial services company and has been a member of the NYSE since 1967 when Muriel Siebert became the first woman to own a seat on the NYSE and the first to head one of its member firms.

    Siebert operates through its subsidiaries Muriel Siebert & Co., LLC, Siebert AdvisorNXT, LLC, Park Wilshire Companies, Inc., RISE Financial Services, LLC, Siebert Technologies, LLC, and StockCross Digital Solutions, Ltd, and Gebbia Media LLC. Through these entities, Siebert provides a full range of brokerage and financial advisory services, including securities brokerage, investment advisory and insurance offerings, securities lending, and corporate stock plan administration solutions, in addition to entertainment and media productions. For over 55 years, Siebert has been a company that values its clients, shareholders, and employees. More information is available at www.siebert.com.

    About FTSE Russell

    FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.

    For more information, visit FTSE Russell.

    Cautionary Note Regarding Forward-Looking Statements
    The statements contained in this press release that are not historical facts, including statements about our beliefs and expectations, are “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements preceded by, followed by, or that include the words “may,” “could,” “would,” “should,” “believe,” “expect,” “anticipate,” “plan,” “estimate,” “target,” “project,” “intend” and similar words or expressions. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances are forward-looking statements.

    These forward-looking statements, which reflect beliefs, objectives, and expectations as of the date hereof, are based on the best judgment of the management of Siebert. All forward-looking statements speak only as of the date on which they are made. Such forward-looking statements are subject to certain risks, uncertainties and assumptions relating to factors that could cause actual results to differ materially from those anticipated in such statements, including, without limitation, the following: economic, social and political conditions, global economic downturns resulting from extraordinary events; securities industry risks; interest rate risks; liquidity risks; credit risk with clients and counterparties; risk of liability for errors in clearing functions; systemic risk; systems failures, delays and capacity constraints; network security risks; competition; reliance on external service providers; new laws and regulations affecting Siebert’s business; net capital requirements; extensive regulation, regulatory uncertainties and legal matters; failure to maintain relationships with employees, customers, business partners or governmental entities; the inability to achieve synergies or to implement integration plans; and other consequences associated with risks and uncertainties detailed in Part I, Item 1A – Risk Factors of Siebert’s Annual Report on Form 10-K for the year ended December 31, 2024, and Siebert’s filings with the SEC.

    Siebert cautions that the foregoing list of factors is not exclusive, and new factors may emerge, or changes to the foregoing factors may occur that could impact its business. Siebert undertakes no obligation to publicly update or revise these statements, whether as a result of new information, future events, or otherwise, except to the extent required by the federal securities laws.

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

    The MIL Network –

  • MIL-OSI: Zeo Energy Corp. Reports Fourth Quarter and Full Year 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    NEW PORT RICHEY, Fla., May 27, 2025 (GLOBE NEWSWIRE) — Zeo Energy Corp. (Nasdaq: ZEO) (“Zeo”, “Zeo Energy”, or the “Company”), a leading Florida-based provider of residential solar and energy efficiency solutions, today reported financial results for the fourth quarter and full year ended December 31, 2024.

    Recent Financial and Operational Highlights

    • Reported $73.2 million of revenue in 2024 despite pricing challenges from a prolonged, higher interest rate environment
    • Reported $2.0 million of adjusted EBITDA in 2024, driven by the Company’s flexible operating model and disciplined cost management
    • Completed the integration of Lumio’s assets, which were acquired in November 2024 as part of Zeo’s market expansion plan
    • Secured $4.0 million in December to develop a year-round sales force and expand market presence, accelerating the Company’s growth trajectory heading into the second half of 2025
    • Achieved 6th straight year of positive adjusted EBITDA

    Management Commentary
    “While 2024 was a challenging year for the solar business as a whole, we are entering 2025 with a sense of renewed optimism around the opportunities ahead,” said Zeo Energy Corp. CEO Tim Bridgewater. “In a consolidating market, we remain positioned to acquire compelling renewable energy assets at attractive valuations to fuel our growth and gain market share over the intermediate term. Our November transaction with Lumio is an example of our ability to identify targets that offer Zeo accretive value with improved geographic and strategic positioning.

    “Financially, thanks to our continued focus on efficiency as well as the flexibility in our operating model, we drove our sixth straight year of positive adjusted EBITDA. At the same time, our topline performance largely stabilized quarter-over-quarter, which was encouraging to see as we move through our traditionally slower seasons with limited sales in Q4 and Q1. As of today, our expanded recruitment initiatives remain on target as we begin our peak summer sales season in the second quarter of 2025. Put together, we believe we have the right strategy to operate sustainably today and to thrive over the long term.”

    Full Year 2024 Financial Results

    Results compare the full year ended December 31, 2024 to the full year ended December 31, 2023.

    • Total revenue was $73.2 million in 2024, a 33.2% decrease from $109.7 million in 2023. The decrease was primarily due to higher interest rates creating a challenging environment for residential solar sales throughout 2024.
    • Gross profit decreased to $34.4 million (47.0% of total revenue) in 2024 from $49.8 million (45.4% of total revenue) in 2023. The decrease in gross profit was driven in part by the decrease in sales compared to the prior period. The improvement in gross profit as a percentage of revenue was the result of improved operational efficiencies in labor, a reduction in materials costs, and an increase in sales volume from our internal sales teams.
    • Net loss was $9.9 million in 2024 compared to net income of $4.8 million in the comparable 2023 period. The decrease was primarily due to stock compensation, increased headcount, and costs incurred as a result of becoming a public company.
    • Adjusted EBITDA, a non-GAAP measurement of operating performance reconciled below, remained positive, but decreased to $2.0 million (2.7% of total revenue) in 2024 from $7.0 million (6.4% of total revenue) in 2023. The decrease was primarily due to higher interest rates creating a challenging environment for residential solar sales in 2024.

    Fourth Quarter 2024 Financial Results

    Results compare the 2024 fourth quarter ended December 31, 2024 to the 2024 fourth quarter ended December 31, 2023.

    • Total revenue was $18.6 million in Q4 2024, an 18.9% decrease from $23.0 million in the comparable 2023 period. The decrease was primarily due to higher interest rates creating a challenging environment for residential solar direct sales throughout 2024.
    • Gross profit decreased to $11.2 million (60.1% of total revenue) in Q4 2024 from $12.7 million (55.1% of total revenue) in the comparable 2023 period. The decrease was driven in part by the decrease in sales compared to the prior period. The improvement in gross profit as a percentage of revenue was the result of improved operational efficiencies in labor and a reduction in materials costs.
    • Net loss for Q4 2024 was $1.1 million compared to $1.6 million in the comparable 2023 period. The improvement was primarily related to a $0.7 million tax benefit.
    • Adjusted EBITDA, a non-GAAP measurement of operating performance reconciled below, increased to $3.1 million (16.8% of total revenue) in Q4 2024 from approximately $(0.9) million (4.1% of total revenue) in the comparable 2023 period. The change was primarily related to a $3.0 million change in depreciation and amortization.

    For more information, please visit the Zeo Energy Corp. investor relations website at investors.zeoenergy.com.

    About Zeo Energy Corp.

    Zeo Energy Corp. is a Florida-based regional provider of residential solar, distributed energy, and energy efficiency solutions. Zeo focuses on high-growth markets with limited competitive saturation. With its differentiated sales approach and vertically integrated offerings, Zeo, through its Sunergy Solar business unit, serves customers who desire to reduce high energy bills and contribute to a more sustainable future. For more information on Zeo Energy Corp., please visit www.zeoenergy.com.

    Non-GAAP Financial Measures

    Adjusted EBITDA
    Zeo Energy defines Adjusted EBITDA, a non-GAAP financial measure, as net income (loss) before interest and other expenses, net, income tax expense, and depreciation and amortization, as adjusted to exclude stock-based compensation. Zeo utilizes Adjusted EBITDA as an internal performance measure in the management of the Company’s operations because the Company believes the exclusion of these non-cash and non-recurring charges allows for a more relevant comparison of Zeo’s results of operations to other companies in the industry. Adjusted EBITDA should not be viewed as a substitute for net loss calculated in accordance with GAAP, and other companies may define Adjusted EBITDA differently.

    The following table provides a reconciliation of net income (loss) to Adjusted EBITDA for the periods presented:

               
      Year Ended December 31,     Quarter Ended December 31,
        2024     2023     2024     2023
    Net income (loss)   $ (9,872,358 )     $ 4,845,069       $ (1,135,513 )     $ (1,596,773 )
    Adjustment:                              
    Other income, net     (233,151 )       183,401         (44,822 )       190,383  
    Change in fair value of warrant liabilities     (69,000 )       –         759,000         0  
    Interest expense     333,539         110,857         39,282         47,937  
    Income tax benefit     (988,802 )       –         (753,450 )       0  
    Stock compensation     7,951,248         –         849,430         0  
    Depreciation and amortization     4,836,538         1,841,874         3,423,464         410,392  
                                   
    Adjusted EBITDA     1,958,014         6,981,201         3,137,391         (948,061 )
     

    Adjusted EBITDA Margin

    Zeo Energy defines Adjusted EBITDA margin, a non-GAAP financial measure, expressed as a percentage, as the ratio of Adjusted EBITDA to revenue, net. Adjusted EBITDA margin measures net income (loss) before interest and other expenses, net, income tax expense, depreciation and amortization, as adjusted to exclude stock-based compensation and is expressed as a percentage of revenue. In the table above, Adjusted EBITDA is reconciled to the most comparable GAAP measure, net income (loss). Zeo utilizes Adjusted EBITDA margin as an internal performance measure in the management of the Company’s operations because the Company believes the exclusion of these non-cash and non-recurring charges allows for a more relevant comparison of the Company’s results of operations to other companies in Zeo’s industry.

    The following table sets forth Zeo’s calculations of Adjusted EBITDA margin for the periods presented:

               
      Year Ended December 31,     Quarter Ended December 31,  
      2024     2023     2024     2023  
    Total Revenue $ 73,244,083       $ 109,691,001       $ 18,647,750       $ 22,985,981    
    Adjusted EBITDA   1,958,014         6,981,201         3,137,391         (948,061 )  
    Adjusted EBITDA margin   2.7   %     6.4   %     16.8   %     (4.1 ) %
                                   

    Forward-Looking Statements

    This news release contains certain forward-looking statements within the meaning of section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Exchange Act of 1934, as amended, that are based on beliefs and assumptions and on information currently available to the Company. Such statements may include, but are not limited to, statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will,” and similar references to future periods may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the future financial performance of the Company; the ability to effectively consolidate the assets of Lumio and produce the expected results; changes in the Company’s strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects, the ability to raise additional funds, and plans and objectives of management. These forward-looking statements are based on information available as of the date of this news release, and current expectations, forecasts, and assumptions, and involve a number of judgments, risks, and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing the Company’s views as of any subsequent date, and the Company does not undertake any obligation to update such forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities laws. You should not place undue reliance on these forward-looking statements. As a result of a number of known and unknown risks and uncertainties, the Company’s actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: (i) the outcome of any legal proceedings that may be instituted against the Company or others; (ii) the Company’s success in retaining or recruiting, or changes required in, its officers, key employees, or directors; (iii) the Company’s ability to maintain the listing of its common stock and warrants on Nasdaq; (iv) limited liquidity and trading of the Company’s securities; (v) geopolitical risk and changes in applicable laws or regulations, including tariffs or trade restrictions; (vi) the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors; (vii) operational risk; (viii) litigation and regulatory enforcement risks, including the diversion of management time and attention and the additional costs and demands on the Company’s resources; (ix) the Company’s ability to effectively consolidate the assets of Lumio and produce the expected results; and (x) other risks and uncertainties, including those included under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”) for the year ended December 31, 2023 and in its subsequent periodic reports and other filings with the SEC.

    In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by the Company, its respective directors, officers or employees or any other person that the Company will achieve its objectives and plans in any specified time frame, or at all. The forward-looking statements in this news release represent the views of the Company as of the date of this news release. Subsequent events and developments may cause that view to change. However, while the Company may elect to update these forward-looking statements at some point in the future, there is no current intention to do so, except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing the views of the Company as of any date subsequent to the date of this news release.

    Zeo Energy Corp. Contacts

    For Investors:
    Tom Colton and Greg Bradbury
    Gateway Group
    ZEO@gateway-grp.com

    For Media:
    Zach Kadletz
    Gateway Group
    ZEO@gateway-grp.com

    -Financial Tables to Follow-

     
    ZEO ENERGY CORP.
    CONDENSED CONSOLIDATED BALANCE SHEET
     
        As of December 31,   As of December 31,
          2024       2023  
    Assets            
    Current assets            
    Cash and cash equivalents   $ 5,634,115     $ 8,022,306  
    Accounts receivable, including $191,662 and $396,488 from related parties, net of allowance for credit losses of $1,165,336 and $862,580, as of December 31, 2024 and 2023, respectively     10,186,543       2,905,205  
    Inventories     872,470       350,353  
    Contract assets     64,202       4,915,064  
    Prepaid expenses and other current assets     2,131,345       40,403  
    Total current assets     18,888,675       16,233,331  
    Other assets     314,426       62,140  
    Property, equipment and other fixed assets, net     2,475,963       2,289,723  
    Right of use operating lease assets     1,268,139       1,135,668  
    Right of use financing lease assets     447,012       583,484  
    Intangibles, net     7,571,156       771,028  
    Related party note receivable     3,000,000        
    Goodwill     27,010,745       27,010,745  
    Total assets   $ 60,976,116     $ 48,086,119  
                 
    Liabilities, mezzanine equity and stockholders� (deficit) equity            
    Current liabilities            
    Accounts payable   $ 2,780,885     $ 4,699,855  
    Accrued expenses and other current liabilities, including $3,359,101 and $2,415,966 with related parties at December 31, 2024 and 2023, respectively     8,540,188       4,646,365  
    Current portion of long-term debt     291,036       294,398  
    Current portion of obligations under operating leases     583,429       539,599  
    Convertible promissory note     2,440,000       –  
    Contract liabilities, including $2,000 and $1,160,848 with related parties as of December 31, 2024 and 2023, respectively     203,607       5,223,518  
    Total current liabilities     14,969,609       15,522,151  
    Obligations under operating leases, non-current     799,385       636,414  
    Obligations under financing leases, non-current     348,807       479,271  
    Warrant liabilities     1,449,000       –  
    Long-term debt     496,623       825,764  
    Total liabilities     18,063,424       17,463,600  
                 
    Commitments and contingencies (Note 14)            
                 
    Redeemable noncontrolling interests            
    Convertible preferred units     16,130,871       –  
    Class B Units     115,693,900       –  
                 
    Stockholders’ (deficit) equity            
    Class V common stock, $0.0001 par value, 100,000,000 authorized shares; 35,230,000 and 33,730,000 shares issued and outstanding as of December 31, 2024, and December 31, 2023, respectively     3,523       3,373  
    Class A common stock, $0.0001 par value, 300,000,000 authorized shares; 13,252,964 and no shares issued and outstanding as of December 31, 2024, and December 31, 2023, respectively     1,326       –  
    Additional paid in capital     14,523,963       31,152,491  
    Accumulated deficit     (103,440,891 )     (533,345 )
    Total stockholders’ (deficit) equity     (88,912,079 )     30,622,519  
    Total liabilities, redeemable noncontrolling interests and stockholders’ (deficit) equity   $ 60,976,116     $ 48,086,119  
                 
     
    ZEO ENERGY CORP.
    CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
     
      Year Ended December 31,   3 Months Ended December 31,
      2024   2023    2024   2023
    Revenue, net $ 51,088,065     $ 94,226,149     $ 14,630,831     $ 7,521,129  
    Related party revenue, net   22,156,018       15,464,852       4,016,919       15,464,852  
    Total revenue   73,244,083       109,691,001       18,647,750       22,985,981  
    Operating costs and expenses:                      
    Cost of goods sold (exclusive of depreciation and amortization shown below)   38,021,519       59,436,674       7,216,364       10,190,953  
    Depreciation and amortization   4,836,538       1,841,874       3,423,464       410,392  
    Sales and marketing   19,587,073       30,324,059       3,408,698       10,510,080  
    General and administrative   21,628,725       12,949,067       5,734,727       3,233,009  
    Total operating expenses   84,073,855       104,551,674       19,783,253       24,344,434  
    (Loss) income from operations   (10,829,772 )     5,139,327       (1,135,503 )     (1,358,453 )
    Other (expenses) income, net:                      
    Other income, net   233,151       (183,401 )     44,822       (190,383 )
    Change in fair value of warrant liabilities   69,000       –       (759,000 )     –  
    Interest expense   (333,539 )     (110,857 )     (39,282 )     (47,937 )
    Total other income (expense), net   (31,388 )     (294,258 )     (753,460 )     (238,320 )
    Net (loss) income before taxes   (10,861,160 )     4,845,069       (1,888,963 )     (1,596,773 )
    Income tax benefit   988,802       –       753,450       –  
    Net (loss) income   (9,872,358 )     4,845,069       (1,135,513 )     (1,596,773 )
    Net (loss) attributable to Sunergy Renewables LLC prior to the Business Combination   (523,681 )     4,845,069       –       (1,596,773 )
    Net (loss) income subsequent to the Business Combination   (9,348,677 )     –       (1,135,513 )     –  
    Net (loss) income attributable to redeemable non-controlling interests   (6,679,788 )     –       (700,167 )     –  
    Net (loss) income attributable to Class A common stock $ (2,668,889 )   $ –     $ (435,346 )   $ –  
                           
    Basic and diluted net (loss) income per common unit $ (0.48 )   $ –     $ (0.04 )   $ –  
    Weighted average units outstanding, basic and diluted   5,546,925       –       11,057,312       –  
                           
     
    ZEO ENERGY CORP.
    CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
     
      Year Ended December 31,
      2024   2023
    Cash Flows from Operating Activities          
    Net (loss) income $ (9,872,358 )   $ 4,845,069  
    Adjustment to reconcile net (loss) income to cash (used in) provided by operating activities          
    Depreciation and amortization   4,836,538       1,841,874  
    Gain on disposal of asset   (91,684 )     –  
    Change in fair value of warrant liabilities   (69,000 )     –  
    Provision for credit losses   2,815,633       1,531,223  
    Noncash operating lease expense   705,293       550,425  
    Stock based compensation expense   7,951,248       –  
    Deferred tax asset   (997,702 )     –  
    Changes in operating assets and liabilities:          
    Accounts receivable   (8,785,973 )     (3,475,661 )
    Accounts receivable due from related parties   204,826       (396,488 )
    Inventories   (131,898 )     (63,207 )
    Contract assets   4,850,862       (4,795,309 )
    Prepaids and other current assets   (1,757,354 )     61,852  
    Other assets   (13,795 )     –  
    Due from related party   –       (104,056 )
    Accounts payable   (2,512,834 )     4,501,798  
    Accrued expenses and other current liabilities   (1,140,780 )     1,536,287  
    Accrued expenses and other current liabilities due to related parties   943,135       2,415,996  
    Contract liabilities   (3,861,063 )     2,913,623  
    Contract liabilities due to related parties   (1,158,848 )     1,160,848  
    Operating lease payments   (630,963 )     (547,140 )
    Net cash (used in) provided by operating activities   (8,716,717 )     11,977,134  
               
    Cash flows from Investing Activities          
    Purchases of property, equipment and other assets   (369,137 )     (1,034,666 )
    Investment in related party   (3,000,000 )     –  
    Lumio asset purchase   (4,000,000 )     –  
    Net cash used in investing activities   (7,369,137 )     (1,034,666 )
               
    Cash flows from Financing Activities          
    Proceeds from the issuance of debt   –       311,029  
    Principal payment of finance lease liabilities   (118,416 )     (84,678 )
    Proceeds from private placement   2,716,000       –  
    Proceeds from the issuance of convertible preferred stock, net of transaction costs   9,221,649       –  
    Repayments of debt   (332,503 )     (241,423 )
    Proceeds from convertible promissory note, net of debt issuance costs   2,440,000       –  
    Dividends paid to Convertible preferred units   (139,067 )      
    Distributions to members   (90,000 )     (5,173,396 )
    Net cash provided by (used in) financing activities   13,697,663       (5,188,468 )
               
    Net (decrease) increase in cash and cash equivalents   (2,388,191 )     5,754,000  
    Cash and cash equivalents, beginning of period   8,022,306       2,268,306  
    Cash and cash equivalents, end of the period $ 5,634,115     $ 8,022,306  
               
    Supplemental Cash Flow Information          
    Cash paid for interest $ 124,488     $ 103,421  
    Accrual of distribution to owners $ –     $ 325,000  
    Cash paid for income taxes $ –     $ –  
    Noncash finance lease expense $ 136,472     $ 98,881  
               
    Non-cash transactions          
    Right-of-use assets obtained in exchange for operating lease liabilities $ 837,764     $ –  
    Deferred equity issuance costs $ 2,769,039     $ –  
    Issuance of Class A common stock to vendors $ 891,035     $ –  
    Issuance of Class A common stock to backstop investors $ 1,569,463     $ –  
    Preferred dividends $ 9,275,795     $ –  
               

    The MIL Network –

  • MIL-OSI: GCM Grosvenor to Present at the Morgan Stanley 2025 U.S. Financials, Payments & CRE Conference on June 10, 2025

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, May 27, 2025 (GLOBE NEWSWIRE) — GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced today that Jon Levin, President of GCM Grosvenor, will present at the Morgan Stanley 2025 U.S. Financials, Payments & Commercial Real Estate Conference on Tuesday, June 10, 2025, at 3:15 PM EDT.

    A link to the live audio webcast of the presentation will be available on GCM Grosvenor’s public shareholders website and the event website. For those unable to listen to the live audio webcast, a replay will be available for 90 days following the presentation.

    About GCM Grosvenor

    GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $82 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies. The firm has specialized in alternatives for more than 50 years and is dedicated to delivering value for clients by leveraging its cross-asset class and flexible investment platform.

    GCM Grosvenor’s experienced team of approximately 550 professionals serves a global client base of institutional and individual investors. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul and Sydney. For more information, visit: gcmgrosvenor.com.

    Public Shareholders Contact 
    Stacie Selinger 
    sselinger@gcmlp.com 
    312-506-6583 

    Media Contact  
    Tom Johnson and Abigail Ruck  
    H/Advisors Abernathy  
    tom.johnson@h-advisors.global / abigail.ruck@h-advisors.global  
    212-371-5999

    The MIL Network –

  • MIL-OSI: Ormat Technologies Announces $62 Million Hybrid Tax Equity Partnership for Two Energy Storage Facilities

    Source: GlobeNewswire (MIL-OSI)

    RENO, Nev., May 27, 2025 (GLOBE NEWSWIRE) — Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced the signing of a $62 million Hybrid Tax Equity partnership with Morgan Stanley Renewables, Inc. The partnership’s transaction covers the Lower Rio 60MW/120MWh storage facility and the Arrowleaf 35MW/140MWh storage and 42MW solar projects, which are expected to achieve COD by the end of 2025.

    “This Hybrid Tax Equity partnership is the first of its kind for our Energy Storage portfolio and highlights the innovative efforts we are taking to optimize the projects’ economics and the Company’s profitability to ensure that we have the funding we need to support our long-term growth, while simultaneously helping advance our explicit goal of monetizing $160 million of tax benefits this year,” said Doron Blachar, Chief Executive Officer of Ormat Technologies. “By continuing to effectively monetize the benefits of ITCs for our growing Energy Storage project portfolio through 2026, we are strengthening our ability to further invest in our development pipeline and ensure that we remain well-positioned to support the growing demand for energy storage projects.”

    Ormat was represented in the transaction by Sheppard Mullin Richter & Hampton, LLP and Morgan Stanley Renewables Inc. was represented in the transaction by Willkie Farr & Gallagher LLP.

    ABOUT ORMAT TECHNOLOGIES

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

    ORMAT’S SAFE HARBOR STATEMENT

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

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

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

    The MIL Network –

  • MIL-OSI: TruGolf Clarifies Nasdaq Compliance Plan and Provides Context to Equity Line of Credit

    Source: GlobeNewswire (MIL-OSI)

    Salt Lake City, Utah, May 27, 2025 (GLOBE NEWSWIRE) — TruGolf Holdings, Inc. (NASDAQ: TRUG), a leading golf technology company, has clarified its plan to regain compliance with Nasdaq listing rules in response to shareholder inquiries. On August 19, 2024, TruGolf Holdings, Inc. received a written notification from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that, the Company’s stockholders’ equity was ($10,508,104), and therefore, the Company was not in compliance with Nasdaq’s Listing Rule 5450(b)(1)(A), which requires a $10,000,000 minimum stockholders’ equity standard (the “Equity Rule”). On May 15, 2025, the Company presented a plan to the Nasdaq Hearings panel on how it plans to regain compliance with Nasdaq’s listing rules and requested an extension to execute on the plan. To date the Hearings panel has not rendered a determination. There can be no assurance that it will provide an extension or move to delist. The key provisions of the plan were:

    • The Company converted approximately ⅔’s of the accrued dividends payable owed to the company’s founders to common stock.
    • The PIPE note holders agreed to exchange their outstanding notes and associated warrants for new preferred shares and warrants. All unissued notes would be canceled.
    • The Company has entered into an Equity Line of Credit for $20 million that could provide liquidity without reducing shareholder equity if additional funds to operate the business are required.
    • A reverse split would be approved by the Board, subject to shareholder authorization, if necessary to regain compliance with Nasdaq minimum pricing rules.

    Chris Jones, CEO of TruGolf, had this to say about the plan. “The Company will be holding a special meeting of shareholders on May 30th to vote on actions relating to this plan. However, since disclosure of all details of the plan, the Company has received multiple inquiries requesting clarification of the purpose of the Equity Line of Credit that was entered into as part of the plan.” As reported in the Company’s first quarter Form 10-Q on May 15th. “TruGolf has a strong cash position of greater than $10 million which is more than adequate to satisfy its current operating needs. The line was put in place in the event that a special situation or opportunity may arise in the future so the Company could avoid debt when financing its actions.” 

    About TruGolf Holdings

    TruGolf is a golf technology company, committed to making golf, easy. From innovative uses for AI to build content and enhance its image and spatial analysis, to gamified golf improvement plans, TruGolf is an industry leader in the growing technological revolution in the sport of golf. Since its founding, TruGolf has redefined what is possible in golf through technology. TruGolf’s suite of Hardware, Software, and Web Products make it easier to Play, Improve, and Enjoy the game of golf.

    Forward-Looking Statements

    Some of the statements in this release are forward-looking statements, which involve risks and uncertainties. Forward-looking statements include, without limitation, whether the Company’s compliance plan will be accepted by Nasdaq and the Company’s expected future cash needs. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ”believes,” ”estimates,” ”anticipates,” ”expects,” ”plans,” ”projects,” ”intends,” ”potential,” ”may,” ”could,” ”might,” ”will,” ”should,” ”approximately” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the SEC, which are available on the SEC’s website, www.sec.gov.

    For more information about our products and upcoming innovations, please visit TruGolf.com.

    Media Contacts:

    TruGolf: Michael Bacal: Phone: 917-886-9071; mbacal@darrowir.com Web: TruGolf.com LinkedIn: @TruGolf

    The MIL Network –

  • MIL-OSI: HashFly Implements Advanced AI For Cloud Mining Operations

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, May 27, 2025 (GLOBE NEWSWIRE) —

    HashFly, one of the leading cloud mining platform, is heading into the future with the integration of advanced artificial intelligence (AI) technology into its mining processes. With the use of AI, HashFly seeks to revolutionize cloud mining through enhanced operational efficiency, profitability maximization, and providing users with stable returns amid an ever-changing world of cryptocurrencies.

    A New Era of Smarter Mining

    In the year 2025, HashFly committed to innovating beyond the limits of what is possible with cloud mining. The integrated advanced AI systems of HashFly platform enable users to make more informed decisions, help them respond rapidly to new conditions, and optimise performance in all mining activities. The AI system receives enormous amounts of data from hash rates, power usage, and market conditions to allow rapid changes to improve mining performance in real time. 

    The AI technologies today enable HashFly to maximize its mining facilities by predicting the market correctly, modifying operations from real-time information, and utilising all available resources to ensure maximum profit for its users.

    David Chen, the CEO of HashFly, stated, “With an Advanced AI model now embedded into our mining operation process, we’re not just improving our ability to mine cryptos but we’re bringing a higher level of intelligence into the process. The integrated AI technology helps us optimize server resources, predict the basic market movements, and ensure that our cloud mining stack are as efficient as possible, leading to better outcomes for our users.”

    How AI Enhances HashFly’s Cloud Mining Performance

    The incorporation of AI into HashFly’s cloud mining system brings several distinct advantages. By processing its real-time data from mining operations, the platform can automatically adjust mining processes to make sure they are as efficient as possible, even during highly fluctuating market conditions.

    Some of the ways AI improves cloud mining at HashFly include:

    • Predictive Adjustments: AI can forecast market shifts and adjust mining strategies accordingly, ensuring the platform stays profitable even as conditions change.
    • Real-Time Data Analysis: The mining operations data helps the system to make instant adjustments for continuous optimisation of the mining process to increase yield.
    • Efficient Resource Management: The integrated AI model ensures that the mining resources are properly distributed and used in the most efficient way to increase productivity.
    • Cost Efficiency: The AI system improves energy consumption and reduces waste by analyzing network difficulty and adjusting mining power accordingly.

    “AI helps us achieve a level of adaptability that was once unattainable,” Chen added. “We no longer rely solely on manual oversight. The AI calculates the learning from each data point and adjusts automatically, making our mining operations responsive to the market than they were before.”

    Transparency and Control for Users

    One of the main Advantages for HashFly users is the added transparency that comes with AI integration. The user interface of the platform offers real-time monitoring of mining performance, allowing users to monitor their income, keep track of the effectiveness of their operations, and make informed decisions regarding their investments.

    With the help of AI, HashFly ensures that users can make informed choices based on real-time data rather than relying on outdated mining metrics. This level of transparency strengthens trust between the platform and its users, providing them with more control over their investments.

    A Commitment to Sustainability

    When it comes to the performance and profitability of the platform, HashFly is also leveraging AI to improve the sustainability of its mining operations. The data centres of HashFly are running on renewable energy, which is integrated with the advanced AI, will help to further optimise energy consumption by adjusting mining activity based on real-time network conditions. This commitment to reducing energy consumption makes HashFly’s operations more environmentally friendly and efficient.

    “We are committed to running our mining operations as sustainably as possible,” said Chen. “AI plays a critical role in helping us achieve that by ensuring we minimise energy waste and maximise the return on every resource we use.”

    A Future Built on Innovation

    A Future Built on Innovation With this step into artificial intelligence, HashFly is to set the stage for a new standard in the cryptocurrency mining industry by integrating an advanced AI model. HashFly improves the way it operates but also helps its users take advantage of smarter mining strategies that enhance profitability.

    As the crypto market continues to evolve, the HashFly team’s approach will ensure that it maintains a trusted platform for cloud mining investors from all around the world. By combining an advanced AI model with the power of cloud mining, HashFly is going to shape the future of digital asset mining, which offers users an efficient yet profitable way to engage in the industry.

    About HashFly

    Hashfly was founded in the year 2013, a leading cloud mining provider that enables users to mine popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin without the need for costly hardware or technical expertise. This user-friendly platform, HashFly, is backed by cutting-edge technology, including advanced AI optimisation, and continues to lead the way in transforming the cloud mining experience.

    For more information, visit www.hashfly.com.

    MEDIA CONTACT
    Name: Scott Joseph
    Email: info@hashfly.com
    Job Title: Director
    City/Country: New York, USA

    Disclaimer: This press release is for informational purposes only and does not constitute financial advice, legal advice, or investment recommendations. Cryptocurrency involves risk and market volatility. Please research or consult a licensed financial advisor before making investment decisions. H.com and associated parties are not liable for any financial loss incurred.

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  • MIL-OSI: TRESU Investment Holding A/S – Announcement of Q1 2025 Interim Report

    Source: GlobeNewswire (MIL-OSI)

    TRESU INVESTMENT HOLDING A/S
    ANNOUNCEMENT NO. 07.2025
    27.05.2025

    TRESU Investment Holding A/S – Announcement of Q1 2025 Interim Report

    Tresu Investment Holding A/S today publishes the Q1 2025 Interim Report and presentation of the financial results.

    We are pleased to invite you to the financial results call, which is being held

                                                 Wednesday, 11. June 2025, at 1pm CET.

    The Interim Report will be presented by Stephan Plenz, CEO and Torben Børsting, CFO. After the presentations there will be an opportunity for Q+A.

    A recording of the results call will be made available for four hours on the TRESU IR website.

    To register for the investor call, please send an e-mail to fho@tresu.com directed to Financial Manager at TRESU A/S, Finn Holm, no later than 10. June 2025 9am CET.

    Stephan plenz
    CEO, TRESU

    For further details, please contact:
    CEO, Stephan Plenz, phone: +45 2194 5480
    CFO, Torben Børsting, phone: +45 5130 2780

    Attachments:

    TRESU Investment Holding AS interim report 2025 Q1

    Quarterly reporting – 2025 Q1

    Attachments

    The MIL Network –

  • MIL-OSI: BIO-key and Runlevel Secure First Major IAM Deployment with a National Bank in Mozambique; Extends Growing List of Banking Customers

    Source: GlobeNewswire (MIL-OSI)

    LISBON, Portugal and HOLMDEL, N.J., May 27, 2025 (GLOBE NEWSWIRE) — BIO-key International, Inc. (NASDAQ: BKYI), a global leader in Identity and Access Management (IAM) solutions featuring Identity-Bound Biometrics (IBB), today announced a strategic partnership with Runlevel, a specialized cybersecurity solutions provider, as well as the partnership’s first customer deployment. Runlevel focuses on Portuguese-speaking African countries (“Países Africanos de Língua Oficial Portuguesa or “PALOP”) and Timor-Leste in Asia.

    Runlevel joins BIO-key’s Channel Alliance Partner (CAP) program as a Value-Added Reseller (VAR) for businesses and government institutions in PALOP countries and Timor-Leste, which face increasing cybersecurity challenges. The Runlevel partnerships marks the beginning of a broader effort to expand adoption of BIO-key solutions across the region, ensuring financial institutions, government agencies and enterprises can benefit from secure, scalable and compliant digital identity solutions. In support of BIO-key’s solutions, Runlevel will provide pre-sales consulting, deployment support and technical training tailored to regulatory requirements in PALOP and Timor-Leste.

    Partnership’s First Major Deployment
    BIO-key and Runlevel have already secured their first customer in the region — a National Bank in Mozambique — which is deploying a comprehensive suite of BIO-key’s biometric-based IAM solutions.

    This deployment highlights the growing need for robust IAM solutions in the partnership’s territories and reinforces BIO-key’s position as a trusted cybersecurity partner within the global financial sector.

    The deployment includes the following BIO-key solutions:

    • PortalGuard On-Prem
    • Highly secure IAM platform with Multi-factor Authentication (MFA)
    • Single Sign-On (SSO) capabilities.

    Miguel Guerreiro, Managing Partner at Runlevel, commented, “Runlevel is committed to delivering cutting-edge security solutions that address the unique challenges faced by customers in PALOP and Timor-Leste. Partnering with BIO-key enables us to provide advanced IAM technologies that enhance cybersecurity, streamline authentication, and ensure compliance. Securing our first major deal together is a strong validation of this partnership and demonstrates the critical need for robust identity security solutions in the financial sector.”

    Alex Rocha, International Managing Director at BIO-key, added, “Runlevel is an ideal partner to expand BIO-key’s reach into Portuguese speaking markets. Their deep knowledge of the local cybersecurity landscape and strong relationships with key enterprises and public institutions make them a perfect fit for delivering BIO-key’s IAM solutions. Securing our first project together with a National Bank in Mozambique confirms the demand we believe exists for advanced IAM solutions in these regions and adds to BIO-key’s growing presence in the financial sector. Together, we are committed to supporting customers with secure, scalable, and regulation-compliant authentication technologies.”

    About Runlevel (www.runlevel.pt)
    Runlevel is a specialized cybersecurity solutions provider focusing on Portuguese-speaking African countries (PALOP) and Timor-Leste. The company delivers advanced IT security, infrastructure, and compliance solutions, helping organizations navigate the evolving cybersecurity landscape with best-in-class technology and expert consulting services.

    About BIO-key International, Inc. (www.BIO-key.com)
    BIO-key is revolutionizing authentication and cybersecurity with biometric-centric, multi-factor identity and access management (IAM) software securing access for over forty million users. BIO-key allows customers to choose the right authentication factors for diverse use cases, including phoneless, tokenless, and passwordless biometric options. Its cloud-hosted or on-premise PortalGuard IAM solution provides cost-effective, easy-to-deploy, convenient, and secure access to computers, information, applications, and high-value transactions.

    BIO-key Safe Harbor Statement
    All statements contained in this press release other than statements of historical facts are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 (the “Act”). The words “estimate,” “project,” “intends,” “expects,” “anticipates,” “believes” and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management’s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the “safe-harbor” provisions of the Act. These statements are not guarantees of future performance or events and are subject to risks and uncertainties that may cause actual results to differ materially from those included within or implied by such forward-looking statements. These risks and uncertainties include factors set forth under the caption “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2024 and other filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, we undertake no obligation to disclose any revision to these forward-looking statements, whether as a result of new information, future events, or otherwise.

    Investor Contacts
    William Jones, David Collins
    Catalyst IR
    BKYI@catalyst-ir.com or 212-924-9800

    The MIL Network –

  • MIL-OSI: SSCP Lager Bidco AB (publ) – Interim report for first quarter 2025

    Source: GlobeNewswire (MIL-OSI)

    SSCP Lager BidCo AB (publ) – Interim report for the period 1 January – 31 March 2025.

    Today SSCP Lager Bidco AB (publ) published an interim report for the first quarter, the report can be downloaded on www.logent.se or via the link below.

    For more information, please contact:
    Andrzej Kulik, CFO, telephone number: +46 738 15 67 00, andrzej.kulik@logent.se or
    Joel Engström, CEO, telephone number: +46 734 36 36 29, joel.engstrom@logent.se

    This press release was published on 27th May at CET 14:00

    This information is of the type that SSCP Lager BidCo AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation, the Swedish Securities Markets Act and the Swedish Financial Instruments Trading Act. The information was submitted for publication through the agency of the contact persons set out above, on 27-05-2025 at 14:00 CET/CEST

    About Logent Group
    Logent is a comprehensive and independent logistics partner, with a Nordic base and with global networks. We have a wide range of services and create value for our customers through guaranteed cost and quality improvements. Our services include Logistics Services such as Warehouse Management, Transport Management and Customs, Port and Combined Terminals, Staffing Services and Consulting Services. This means that Logent has grown to a turnover of about SEK 2.3 billion from the start in 2006 and employs approximately 2,800 people.

    This information is of the type that SSCP Lager BidCo AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation, the Swedish Securities Markets Act and the Swedish Financial Instruments Trading Act. The information was submitted for publication through the agency of the contact persons set out above, on 27-05-2025 at 14:00 CET/CEST.

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