Category: GlobeNewswire

  • MIL-OSI: Jabra launches Engage AI Complete, the human-focused AI software for call centers

    Source: GlobeNewswire (MIL-OSI)

    • Engage AI Complete is a new premium tier of its Engage AI software for call centers – uniquely analyzing not only what is said, but also how it is said, in real time, while also removing background noise.
    • Engage AI Complete integrates generative AI and speech-to-text capabilities to deliver real-time assistance, personalized coaching, actionable insights and automated quality assurance (QA) to help drive more satisfied customers, more motivated agents, more efficient calls – and genuine human connections.

    LOWELL, Mass., May 22, 2025 (GLOBE NEWSWIRE) — Jabra, the world’s leading professional audio brand, today announced Jabra Engage AI Complete – a new premium tier of its call center software, Engage AI. The new offering adds real-time speech-to-text transcription and generative AI to elevate agent performance and enhance every customer interaction.

    With Engage AI Complete, call center agents receive live coaching and automated call summaries, while supervisors gain real-time insights, sentiment analysis and powerful analytics tools – all designed to drive better conversations and stronger customer outcomes.

    Evolving the customer experience
    Modern call centers often operate across several physical locations, with agents working from shared offices or noisy home environments. Multi-tasking is constant – solving customer issues while managing systems, tools and admin work. Engage AI Complete is designed for this reality.

    The platform uses AI to transcribe conversations live, enabling agents to focus on the caller rather than note-taking. It also analyzes not only what’s said but also how it’s said, helping agents adjust their tone in real time. Additionally, the platform uses AI to cut through background noise to ensure clearer conversations, powered by Jabra’s ClearSpeech technology.

    The result is fewer distractions, faster resolutions and more meaningful conversations – while reducing cognitive load for agents and enabling supervisors to support teams at scale.

    One platform with real-time voice intelligence for deeper human connections
    Jabra launched Engage AI in 2022 to bring real-time tone monitoring and feedback to agents. In 2024, ClearSpeech was introduced, removing background noise from the customer’s end to improve clarity and reduce cognitive loads on agents.

    Jabra is the only solution that delivers tone AI, speech-to-text, generative AI and noise cancellation, all in the same package.

    Backed by over 20 years of research and millions of conversations analyzed, Engage AI is built on a foundation of data, insights and privacy-first design. Calls are securely processed, with instant feedback delivered directly to the agent — helping them adjust in the moment and improve with every interaction.

    This enables agents to focus fully on the customer, making each conversation more effective. Supervisors can boost team performance with immediate coaching insights, while leaders can use real-time data to address shared customer concerns and make improvements. As a result, call centers benefit from higher customer satisfaction, lower agent turnover and more efficient operations overall.

    “Our goal is simple: give every agent the ability to own their tone, elevate every conversation and make the most of every call,” said Andreas Orebo Wenzel, VP of Engage AI at Jabra. “With Engage AI Complete, we’ve brought together years of voice research and generative AI innovation to address the core needs of the call center. Engage AI Complete increases operational efficiency and improves both agent experience and customer satisfaction, allowing companies to get more from every call.”

    New features that will be available in Engage AI Complete:

    • AI Call Summaries – Automatically transcribes and summarizes calls to reduce post-call admin.
    • Auto Call Reason Detection – Detects the reason for the call to help teams identify patterns and improve processes.
    • Auto Topic Tagging – Tags key topics discussed during the call to track trends and streamline coaching.
    • Customer Sentiment – Gives an instant, high-level view of how each call went with a simple sentiment score based on the words used during the call.
    • Insights & Analytics Dashboard – Overview of conversations to help leaders improve coaching and quality.

    Whether paired with a Jabra headset for an optimized experience or used with any professional headset, Engage AI Complete is easy to deploy and scale.

    Jabra Engage AI Complete will be available globally in June 2025. MSRP: $50 per user per month. The original version, now called Engage AI Core, remains available at $25 per user per month.

    Jabra will be showcasing its Engage AI Complete solution at Customer Contact Week 2025 in Las Vegas, June 9-12 (Booth 838), where Jabra has been recognized as an ‘Up & Coming solution provider’ by CMP in the Auto QA/QM category.   

    Learn more at: www.jabra.com/engageai

    PR Contact  
    Hayley Minardi
    hminardi@jabra.com

    About Jabra 
    Jabra is a world leading brand in audio, video, and collaboration solutions – engineered to empower businesses. Proudly part of the GN Group, we are committed to bringing people closer to one another and to what is important to them. GN’s R&D team utilizes innovative hardware, software, and AI-enabled technologies and expertise across hearing, enterprise, and gaming product groups. This engineering excellence allows Jabra to create integrated and customer-centric tools for call centers, offices, and collaboration to help professionals work more productively from anywhere. www.jabra.com

    Founded in 1869, GN Group employs more than 7,000 people and is listed on Nasdaq Copenhagen (GN.CO). GN’s solutions are sold in 100 countries across the world. Visit our homepage GN.com

    © 2025 GN Group. All rights reserved. Jabra® is a registered trademark of GN Group. All other trademarks included herein are the property of their respective owners (design and specifications are subject to change without notice).

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/45d11514-f6e7-4cd3-8422-bd2299f4d840

    The MIL Network

  • MIL-OSI: Stansberry Asset Management Named to PSN Top Guns List of Best Performing Strategies for Q1 2025

    Source: GlobeNewswire (MIL-OSI)

    WESTLAKE, Texas, May 22, 2025 (GLOBE NEWSWIRE) — Stansberry Asset Management (“SAM”) has been named to the celebrated PSN Top Guns List of best performing separate accounts, managed accounts, and managed ETF strategies for Q1 2025. The highly anticipated list, published by Zephyr, remains one of the most important references for investors and asset managers.

    “Q1 2025 presented a fascinating market narrative marked by significant rotation and global shifts. Success demanded adaptability, deep market understanding, and strategic positioning,” says PSN Product Manager Nick Williams. “PSN Top Guns managers demonstrated exceptional skill in navigating these complex dynamics, where value sectors outperformed growth, international markets showed strength, and policy shifts created both challenges and opportunities. Their expertise in reading and responding to these evolving market conditions continues to showcase the enduring value of active management in separately managed accounts.”

    SAM’s recognition highlights the strength of two flagship strategies—Gold and Income—which posted standout performance and offered clients differentiated results in a highly dynamic market.

    “Our Gold and Income strategies stood out in Q1 not only for their positive performance but also for how they navigated volatility with purpose,” said Austin Root, Chief Investment Officer at SAM. “Gold offered a meaningful hedge amid rising macroeconomic uncertainty, while our Income strategy delivered yield without sacrificing downside protection. This recognition from Zephyr underscores the value of our active, research-driven approach.”

    Through PSN’s proprietary performance screens, the PSN Top Guns awards products in six proprietary categories across more than 75 universes, based on consistent performance over time.

    SAM’s Gold strategy earned a PSN Top Guns Q1 and 1-Year award, meaning it ranked in the top ten returns of the US Equity Universe, comprised of 2,658 other strategies. For Q1 2025, the strategy ranked #1, and for the 1-Year period ending 3/31/2025, it ranked #2 within the universe.

    The Gold strategy is designed for investors seeking to increase their exposure to precious metals—primarily gold—as a hedge against inflation, currency risk, and market turmoil. It employs a four-pronged approach to generate income and grow capital while maintaining gold’s core role as a long-term store of value. In today’s environment of rising volatility and macroeconomic uncertainty, gold remains an essential allocation in diversified portfolios.

    SAM’s Income strategy earned a PSN Top Guns Q1 award, ranking #2 in the US Balanced Universe among 300 other strategies.

    The Income strategy is built to deliver reliable yield while participating in upside markets and offering protection during drawdowns. Actively managed and forward-looking, it searches for yield across traditional and non-traditional sources, favoring companies with strong shareholder-return policies including dividends, buybacks, and special distributions. Its flexible structure allows it to adapt to evolving market conditions while remaining anchored in risk-conscious income generation.

    The complete list of PSN Top Guns and an overview of the methodology can be located at https://psn.fi.informais.com/.

    To Learn more about SAM’s Gold and Income Strategies you can visit:
    Gold Strategy: https://www.stansberryam.com/gold/
    Income Strategy: https://www.stansberryam.com/income/

    About Stansberry Asset Management (SAM)

    Stansberry Asset Management is a registered investment advisory firm headquartered in Westlake, Texas, with offices in New York, NY, Clifton Park, NY and San Mateo, CA with clients across the country. SAM marries informed, active, sophisticated investment management with holistic financial and wealth planning, all with a focus on helping clients build and preserve their legacy. SAM’s approach is rooted in rigorous analysis, strategic insight, and a commitment to client-centric service. For more information, please visit www.stansberryam.com.

    About PSN
    For more than four decades, PSN has been a top resource for investment professionals. Asset managers rely on Zephyr’s PSN to effectively reach institutional and retail investors. Over 2,800 firms, 285 universes, and more than 21,000 products comprise the PSN SMA database showing asset breakdowns, compliance, key personnel, ownership diversity, ESG, business objectives and strategy, style, fees, GIC sectors, fixed income ranges and full holdings. Unique to PSN is its robust historical database of over 40 Years of Data Including Net and Gross-of-Fee Returns. PSN Outlook for 2025 provides insight and trends about the SMA industry. You can view it online here.
    Visit PSN online to learn more.

    Contact:

    Claire Snider
    info@stansberryam.com
    646.854.4370

    The MIL Network

  • MIL-OSI: Middlefield Banc Corp. Announces Retirement of Darryl E. Mast from Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    MIDDLEFIELD, Ohio, May 22, 2025 (GLOBE NEWSWIRE) — Middlefield Banc Corp. (NASDAQ: MBCN) today announced the retirement of Darryl E. Mast from its Board of Directors, effective May 14, 2025.

    Mr. Mast joined the Middlefield Banking Company’s Board of Directors in 2011 and has been a Director of Middlefield Banc Corp. since 2013. His leadership, insight, and expertise have been integral to the success of Middlefield Banc Corp. and The Middlefield Banking Company, and his contributions have left a lasting impact.

    “We are grateful for Darryl’s unwavering commitment to the Bank,” stated Ronald L. Zimmerly, Jr., President and Chief Executive Officer. “His leadership has been instrumental in shaping the Bank’s growth, and we will certainly miss his valuable perspective. On behalf of everyone at the Bank, we wish him nothing but the best as he begins his next chapter.”

    Following Mr. Mast’s retirement, his position on the Board will not be replaced, and the number of directors will be fixed at 11 members.

    About Middlefield Banc Corp.
    Middlefield Banc Corp., headquartered in Middlefield, Ohio, is the Bank holding Company of The Middlefield Banking Company, with total assets of $1.89 billion at March 31, 2025. The Bank operates 21 full-service banking centers and an LPL Financial® brokerage office serving Ada, Beachwood, Bellefontaine, Chardon, Cortland, Dublin, Garrettsville, Kenton, Mantua, Marysville, Middlefield, Newbury, Orwell, Plain City, Powell, Solon, Sunbury, Twinsburg, and Westerville. The Bank also operates a Loan Production Office in Mentor, Ohio.

    Additional information is available at www.middlefieldbank.bank

    FORWARD-LOOKING STATEMENTS
    This press release of Middlefield Banc Corp. and the reports Middlefield Banc Corp. files with the Securities and Exchange Commission often contain “forward-looking statements” relating to present or future trends or factors affecting the banking industry and, specifically, the financial operations, markets and products of Middlefield Banc Corp. These forward-looking statements involve certain risks and uncertainties. There are a number of important factors that could cause Middlefield Banc Corp.’s future results to differ materially from historical performance or projected performance. These factors include, but are not limited to: (1) a significant increase in competitive pressures among financial institutions; (2) changes in the interest rate environment that may reduce interest margins; (3) changes in prepayment speeds, charge-offs and loan loss provisions; (4) less favorable than expected general economic conditions; (5) legislative or regulatory changes that may adversely affect businesses in which Middlefield Banc Corp. is engaged; (6) technological issues which may adversely affect Middlefield Banc Corp.’s financial operations or customers; (7) changes in the securities markets; or (8) risk factors mentioned in the reports and registration statements Middlefield Banc Corp. files with the Securities and Exchange Commission. Middlefield Banc Corp. undertakes no obligation to release revisions to these forward-looking statements or to reflect events or circumstances after the date of this press release.

    Company Contact: Investor and Media Contact:
    Ron Zimmerly
    President and Chief Executive Officer
    Middlefield Banc Corp.
    (419) 673-1217
    RZimmerly@middlefieldbank.com
    Andrew M. Berger
    Managing Director
    SM Berger & Company, Inc.
    (216) 464-6400
    andrew@smberger.com

    The MIL Network

  • MIL-OSI: NorthStrive Biosciences Announces Completion of Phase I Strategic Review for EL-22 Targeting Muscle Loss Associated with GLP-1 Weight Loss Drugs and Age-Related Sarcopenia

    Source: GlobeNewswire (MIL-OSI)

    NEWPORT BEACH, Calif., May 22, 2025 (GLOBE NEWSWIRE) — Northstrive Biosciences Inc. (“Northstrive”), a subsidiary of PMGC Holdings Inc. (NASDAQ: ELAB) (the “Company,” “PMGC,” “we,” or “our”), today announced the completion of a Phase I strategic research and literature synthesis for EL-22 (formerly BLS-M22), its first-in-class oral myostatin-engineered probiotic. The analysis, conducted in collaboration with Yuva Biosciences and supported by AI-based scientific review technology from Yuva Biosciences’ MitoNova™, provided valuable insights into EL-22’s proposed mechanism of action and will help guide further exploration into its potential to address critical unmet needs in muscle-wasting conditions, including GLP-1-associated atrophy and age-related sarcopenia.

    EL-22 is leveraging a myostatin-engineered probiotic approach to address obesity’s pressing issue of preserving muscle while on weight loss treatments, including GLP-1 receptor agonists. The oral biologic is designed to induce a targeted immune response against myostatin, a key negative regulator of muscle growth. Unlike traditional injectable antibodies, EL-22 leverages genetically engineered Lactobacillus casei to stimulate the gut immune system, offering a convenient, patient-friendly oral delivery method with potential safety and efficacy advantages.

    Key Highlights from the Report:

    • Strong Preclinical Rationale: Synthesized findings from published peer-reviewed literature, highlight noteworthy effects of EL-22 in mdx mice on antibody production, serum CK, body weight, motor function, and muscle histology.
    • Unique Oral Vaccine Approach: EL-22 is distinct from the more common systemic administration of antibodies or gene therapy vectors. Utilizing Lactobacillus casei as a delivery vehicle to stimulate mucosal and systemic immunity against myostatin is a novel immunological strategy for a muscle-wasting disorder.
    • Targeting GLP-1-Associated Muscle Loss: With the rapid expansion of GLP-1 receptor agonists in obesity and diabetes, EL-22 is well-positioned to address the growing concern of associated muscle loss. The company is prioritizing this indication for its next clinical development milestone.
    • Strategic Next Steps: NorthStrive intends to launch a Phase 2 proof-of-concept trial targeting GLP-1 users and begin regulatory engagement to advance EL-22 toward an IND filing in the United States.

    About Northstrive Biosciences Inc.

    Northstrive Biosciences Inc., a PMGC Holdings Inc. company, is a biopharmaceutical company focusing on the development and acquisition of cutting-edge aesthetic medicines. Northstrive’s lead asset, EL-22, leverages an engineered probiotic approach to address obesity’s pressing issue of preserving muscle while on weight loss treatments, including GLP-1 receptor agonists. For more information, please visit www.northstrivebio.com.

    About Yuva Biosciences, Inc.

    Yuva Biosciences is a longevity company harnessing the cutting edge of mitochondrial science to address the root cause of aging. By partnering with consumer brands and biotech innovators, Yuva Biosciences develops solutions for aging-related concerns including hair loss, skin wrinkles, and several other conditions driven by a decline in mitochondrial function. The company is headquartered in Birmingham, Alabama. For more information, please visit www.yuvabio.com.

    About PMGC Holdings Inc.

    PMGC Holdings Inc. is a diversified holding company that manages and grows its portfolio through strategic acquisitions, investments, and development across various industries. Currently, our portfolio consists of three wholly owned subsidiaries: Northstrive Biosciences Inc., PMGC Research Inc., and PMGC Capital LLC. We are committed to exploring opportunities in multiple sectors to maximize growth and value. For more information, please visit https://www.pmgcholdings.com.

    Forward-Looking Statements

    Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Words such as “believes,” “expects,” “plans,” “potential,” “would” and “future” or similar expressions such as “look forward” are intended to identify forward-looking statements. Forward-looking statements are made as of the date of this press release and are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy, activities of regulators and future regulations and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results. Therefore, you should not rely on any of these forward-looking statements. These and other risks are described more fully in PMGC’s filings with the United States Securities and Exchange Commission (“SEC”), including the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on March 28, 2025, and its other documents subsequently filed with or furnished to the SEC. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at www.sec.gov. All forward-looking statements contained in this press release speak only as of the date on which they were made. Except to the extent required by law, the Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

    IR Contact:

    IR@pmgcholdings.com

    The MIL Network

  • MIL-OSI: NordVPN rolls out post-quantum encryption to all applications

    Source: GlobeNewswire (MIL-OSI)

    LONDON, May 22, 2025 (GLOBE NEWSWIRE) — NordVPN, a leading cybersecurity company, announces the launch of post-quantum encryption (PQE) support for all its VPN applications. The first iteration of post-quantum cryptography was implemented on the NordVPN Linux application last year. In 2025, NordVPN also rolled out its PQE feature for Windows, macOS, iOS, and Android, including Android TV and tvOS.

    “As quantum computing advances, the traditional encryption methods used by most VPN protocols today will eventually become vulnerable. By integrating PQE into our VPN infrastructure, we’re taking a proactive step to ensure long-term confidentiality and resilience for our customers’ data, both now and in a post-quantum future,” says Marijus Briedis, CTO at NordVPN.

    In September 2024, NordVPN released a Linux app update with the first post-quantum cryptography upgrade for the NordLynx protocol — a high-performance VPN protocol known for its extreme speed and security, based on WireGuard. The upgraded protocol complied with the latest National Institute of Standards and Technology (NIST) standards for post-quantum encryption and protected Linux users from quantum decryption, while also collecting essential performance metrics, such as impact on connection speeds and latency.

    “The gathered data served as a stepping stone in the transition to quantum-resistant encryption to the rest of our platforms,” says Briedis. “The Linux case demonstrated that we successfully maintained the highest level of user experience in terms of connection time and speed during the transition. As a result, other applications followed to ensure long-term data security for our users.”

    PQE is enabled with a toggle switch — once turned on under “Connections” in “Settings,” the feature will automatically activate whenever the user connects via the NordLynx protocol.

    ABOUT NORDVPN

    NordVPN is the world’s most advanced VPN service provider, trusted by millions of internet users worldwide. The service offers features such as dedicated IP, Double VPN, and Onion Over VPN servers, which help to enhance online privacy with zero tracking. One of NordVPN’s key features is Threat Protection Pro, a tool that blocks malicious websites, trackers, and ads and scans downloads for malware. NordVPN is part of Nord Security, whose latest product is Saily, a global eSIM service. Known for its user-friendly design, NordVPN offers some of the best prices on the market and operates over 7,600 servers in 118 countries. For more information, visit nordvpn.com.

    More information: skirmante@nordsec.com

    The MIL Network

  • MIL-OSI: Vimeo to Present at Upcoming Jefferies and TD Cowen Conferences

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 22, 2025 (GLOBE NEWSWIRE) — (NASDAQ: VMEO) – Vimeo, one of the largest and most trusted private video networks in the world, today announced that Gillian Munson, Vimeo’s Chief Financial Officer, will participate in the following financial conferences:

    A replay of the webcasts will be available on the Vimeo Investor Relations website, https://vimeo.com/investors, for 90 days following the conferences.

    About Vimeo:
    Vimeo (NASDAQ: VMEO) is the world’s most innovative video experience platform. We enable anyone to create high-quality video experiences to better connect and bring ideas to life. We proudly serve our community of millions of users – from creative storytellers to globally distributed teams at the world’s largest companies – whose videos receive billions of views each month. Learn more at www.vimeo.com.

    Press Contact:
    Frank Filiatrault
    frank.filiatrault@vimeo.com

    The MIL Network

  • MIL-OSI: Brag House, Florida Gators Athletics, and Learfield Successfully Launch Inaugural Brag Gators Gauntlet at University of Florida

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 22, 2025 (GLOBE NEWSWIRE) — Brag House Holdings, Inc. (NASDAQ: TBH), the Gen Z engagement platform at the intersection of gaming, college sports, and digital media, announced the successful launch of the inaugural Brag Gators Gauntlet series. The first activation of this series, in partnership with Florida Gators Athletics and Learfield’s Florida Gators Sports Properties, took place online on Saturday, May 17, 2025, ahead of the Gators’ 9–3 college baseball victory over Alabama at Condron Family Ballpark.

    The Brag Gators Gauntlet: Baseball Edition featured a Fortnite (private lobbies, no-build) solos tournament and a baseball-inspired scoring format. Open to current students and alumni of both the University of Florida and the University of Alabama, the activation served as a digital gaming tailgate leading into the Florida–Alabama baseball game. The activation, which had capacity for 100 competitors, received nearly 300 gamer registrations ranging from freshman to alumni.

    “It was exciting to see so many UF students and alumni participate,” said Lavell Juan Malloy II, CEO and Co-Founder of Brag House. “The activation created a gamified digital tailgate, where they came together around school pride and competition in a Fortnite tournament designed with baseball-themed rules. It added a new layer to game day, especially as the Gators took the series with a commanding 9–3 win.”

    Michael Yencik, a third-year student at University of Florida on a pre-med track studying nutritional sciences, was crowned champion of the Brag Gators Gauntlet: Baseball Edition. Competing under the gamertag MrGittyGut, Yencik secured the top spot after consistently high placements across all heats and a standout performance in the final heat. “It was a surreal experience,” said MrGittyGut, when asked about this activation and how it ties into the Gators spirit and college baseball. He added “Gators all the way! We’ve had an unbelievable season, from playing well in football to a National Championship in Basketball. You can’t go wrong with the Gators no matter what.”

    The Gauntlet series also reflects Brag House’s broader strategy of integrating Name, Image, and Likeness (NIL) opportunities, loyalty-driven engagement, and scalable digital experiences tailored to Gen Z audiences. This first activation at the University of Florida is what Brag House envisions as the first step in a larger series of campus experiences being planned in collaboration with Learfield, with more activations in the series being planned for select universities across the country in 2025.

    “This is the foundation of a broader initiative,” said Lavell Juan Malloy II, CEO and Co-Founder of Brag House. “By merging college sports with interactive digital gaming formats, we’re building a new layer of fan engagement that serves students, alumni, schools, and brand partners alike.”

    About Brag House

    Brag House is a leading media technology gaming platform dedicated to transforming casual college gaming into a vibrant, community-driven experience. By seamlessly merging gaming, social interaction, and cutting-edge technology, the Company provides an inclusive and engaging environment for casual gamers while enabling brands to authentically connect with the influential Gen Z demographic. The platform offers live-streaming capabilities, gamification features, and custom tournament services, fostering meaningful engagement between users and brands. For more information, please visit www.braghouse.com.

    About Learfield

    Learfield is the leading media and technology company powering college athletics. Through its digital and physical platforms, Learfield owns and leverages a deep data set and relationships in the industry to drive revenue, growth, brand awareness, and fan engagement for brands, sports, and entertainment properties. With ties to over 1,200 collegiate institutions and over 12,000 local and national brand partners, Learfield’s presence in college sports and live events delivers influence and maximizes reach to target audiences. With solutions for a 365-day, 24/7 fan experience, Learfield enables schools and brands to connect with fans through licensed merchandise, game ticketing, donor identification for athletic programs, exclusive custom content, innovative marketing initiatives, NIL solutions, and advanced digital platforms. Since 2008, it has served as title sponsor for the acclaimed Learfield Directors’ Cup, supporting athletic departments across all divisions.

     Forward-Looking Statements 

    This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties, including, but not limited to, the execution and prospects of the Brag Gators Gauntlet and Brag House’s and Learfield’s plan to expand the Brag Gauntlet model. For a full discussion of these risks, please refer to Brag House’s SEC filings.

    Media Contact: 
    Fatema Bhabrawala
    Director of Media Relations
    fbhabrawala@allianceadvisors.com

    Investor Relations Contact: 
    Adele Carey
    VP, Investor Relations
    ir@thebraghouse.com

    The MIL Network

  • MIL-OSI: Synchronoss Personal Cloud Enhances Genius AI Functionality and Adds New Features to Significantly Improve Photo Discovery and Engagement

    Source: GlobeNewswire (MIL-OSI)

    BRIDGEWATER, N.J., May 22, 2025 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (“Synchronoss”) (NASDAQ: SNCR), a global leader and innovator in personal cloud platforms, today announced the release of Synchronoss Personal Cloud 25.5, introducing new AI-powered capabilities and enhanced user experiences, including:

    • Enhanced photo editing, with new styles and transformations that inspire joy and spark creativity
    • AI-curated personalized memories with auto-styled photos
    • Innovative timeline comparisons with personalized “Then and Now” photos
    • GPS-Integrated photo view

    New Features Reimagine Memory Discovery

    Built on Synchronoss Genius AI, the latest update delivers a personalized and intelligent way for users to creatively engage with, relive, and enhance their most meaningful memories.

    • Stylized Moments, now more dynamic, selects eligible photos and automatically applies artistic effects, prompting users with a preview notification and allowing easy interaction to relive or share those moments.
    • Locations Map organizes photos and videos by geographic data, displaying them across an interactive world map. From family vacations to milestone road trips, users can browse memories spatially, making rediscovery feel like time travel.
    • Then and Now presents pairs of photos across years, creating meaningful side-by-side retrospectives, like the first day of kindergarten versus the first day of middle school.

    “The new functionality in Synchronoss Personal Cloud directly addresses the challenge of digital content overload, making it easier than ever for users to find and enjoy the photos that matter most, which often get lost within ever-growing photo libraries,” said Jeff Miller, President and CEO of Synchronoss. “By intelligently indexing, categorizing, and providing AI-powered creative tools and features, Synchronoss is enabling users to unlock and relive the hidden value within their digital lives.”

    Powering Global Cloud Innovation

    These features reflect Synchronoss’ continued investment in AI innovation and its commitment to empowering users to protect and personalize their digital lives. Synchronoss Personal Cloud is currently deployed by tier-one global carriers and supports over 11 million subscribers worldwide.

    About Synchronoss

    Synchronoss Technologies (Nasdaq: SNCR), a global leader in personal Cloud solutions, empowers service providers to establish secure and meaningful connections with their subscribers. Our SaaS Cloud platform simplifies onboarding processes and fosters subscriber engagement using artificial intelligence (AI), machine learning and other advanced features, resulting in enhanced revenue streams, reduced expenses, and faster time-to-market. Millions of subscribers trust Synchronoss to safeguard their most cherished memories and important digital content. Explore how our Cloud-focused solutions redefine the way you connect with your digital world at www.synchronoss.com.

    Media Relations Contact:
    Domenick Cilea
    Springboard
    dcilea@springboardpr.com

    Investor Relations Contact:
    Brian Denyeau / Ryan Gardella
    ICR INC.
    brian.denyeau@icrinc.com
    ryan.gardella@icrinc.com

    The MIL Network

  • MIL-OSI: Former Zillow Executive Andrew Wild Joins Lofty to Spearhead Enterprise Sales

    Source: GlobeNewswire (MIL-OSI)

    PHOENIX, May 22, 2025 (GLOBE NEWSWIRE) — Award-winning real estate technology innovator, Lofty today announced 20+ year industry veteran Andrew Wild has joined the company as Vice President of Enterprise Sales. The former Zillow executive will lead Lofty’s enterprise sales strategy and team, focused on acquiring and expanding partnerships with brokerages across the U.S. Passionate about helping enterprises modernize their tech operations, Andrew will help evangelize the power of Lofty’s innovative platform to streamline operations, improve data visibility and drive agent productivity. To learn more about how Lofty’s innovations can help your enterprise brokerage drive business growth, visit lofty.com.

    • Lofty Wins Company of the Year in Real Estate in 2025 American Business Awards. Read more HERE.

    More than 70k agents and fast growing brokerages including Epique Realty, LPT and REAL rely on Lofty as their platform of choice. An industry veteran, Andrew understands however, that many brokerages are still stuck in a technology rut, beholden to legacy, siloed systems. In his new role, Andrew will leverage his keen understanding of the challenges enterprise brokerages face to help educate the market on the transformation power of Lofty and accelerate adoption of the AI-powered platform, designed to support the entire real estate process – from search to settlement.

    An original revenue team member at Zillow, Andrew spent the last two plus decades honing his skills in real estate and SaaS sales. Previously, Andrew led enterprise sales for Dotloop and Premier Broker and held a leadership position at Tom Ferry, fostering strategic partnerships with top brokerages and teams nationwide.

    “I’m excited to join Lofty and help drive the next phase of growth in enterprise real estate tech,” said Andrew Wild, Vice President, Enterprise Sales, Lofty. “I’m especially looking forward to helping Lofty build on its growing enterprise adoption and AI innovation, which is finally giving the company a seat at the table in major enterprise tech conversations. There’s huge potential to give brokers and teams more control over lead-to-transaction workflows—outside of the portals—and to truly drive business results.”

    To learn more about how Lofty’s unmatched AI capabilities can help your business grow, visit lofty.com/ai/overview.

    About Lofty Inc.
    Lofty Inc. (formerly Chime Technologies) provides an AI-powered platform that helps real estate professionals increase their productivity and accelerate business growth. Featuring award-winning technology, the Lofty platform is designed to optimize every step of the real estate journey, from search to settlement. By leveraging one unified hub, customers can automate marketing programs, streamline the sales process, and maximize collaboration between agents, empowering them to spend more time building relationships and their business. Headquartered in Phoenix, Arizona, Lofty provides proven solutions for brokers, teams, and the enterprise. For more information, visit lofty.com.

    Media Contact:
    Sarah Murray
    Attune Communications
    sarah@attunecommunications.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/88909c6b-758d-4ae1-b62b-0244bdc8be5d

    The MIL Network

  • MIL-OSI: Roper Technologies to present at TD Cowen Technology Conference

    Source: GlobeNewswire (MIL-OSI)

    SARASOTA, Fla., May 22, 2025 (GLOBE NEWSWIRE) — Roper Technologies, Inc. (Nasdaq: ROP) announced that it is presenting at the TD Cowen 53rd Annual Technology, Media & Telecom Conference on Thursday, May 29, 2025 at 9:05 AM (Eastern Time) in New York, NY. A link to the webcast presentation will be available in the “Investors” section of the Company’s website at www.ropertech.com.

    About Roper Technologies

    Roper Technologies is a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. Roper has a proven, long-term track record of compounding cash flow and shareholder value. The Company operates market leading businesses that design and develop vertical software and technology enabled products for a variety of defensible niche markets. Roper utilizes a disciplined, analytical, and process-driven approach to redeploy its excess capital toward high-quality acquisitions. Additional information about Roper is available on the Company’s website at www.ropertech.com.

    Contact information:
    Investor Relations
    941-556-2601
    investor-relations@ropertech.com

    The MIL Network

  • MIL-OSI: Thrive Ranked #10 in Boston Business Journal’s 2025 Fast 50

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, May 22, 2025 (GLOBE NEWSWIRE) — Thrive, a global technology outsourcing provider for cybersecurity, Cloud, and traditional managed service provider (MSP) services, announced today that it was ranked #10 in the Boston Business Journal’s 2025 Fast 50. This marks the fifth consecutive year Thrive has been named as one of the fastest-growing private companies in Massachusetts, and the second year in a row it has placed in the top 10.

    Thrive works with leading organizations to ensure their digital transformations are secure, cost-effective, and future-ready. By offering a variety of services and solutions that address today’s most critical cybersecurity and technology gaps, Thrive gives businesses customized services to meet their unique business needs and allows them to focus on what they do best. This approach has led to continued growth for Thrive. The company has completed 17 acquisitions in the last 5 years and now employs over 1,450 people across the U.S., UK, Canada, and APAC regions.

    “By offering world-class service coupled with NextGen solutions to solve some of the most prominent challenges organizations are facing, Thrive has found a winning formula that has allowed us to continue to grow, expand our national and international footprint, innovate, and hire the best talent,” said Bill McLaughlin, Thrive’s CEO. “Thrive’s remarkable growth is the direct result of the hard work of our employees in the Boston region and beyond. This team has propelled us to reach new heights – and we’re not done yet.”

    The BBJ Fast 50 ranks companies based on revenue growth from 2021 to 2024, recognizing businesses that have demonstrated strong leadership, innovation, and resilience in a dynamic economic landscape. The final list was revealed at an awards ceremony on May 13, celebrating the companies helping to drive Boston’s economic momentum.

    To learn more, visit Thrive’s website. If you’re interested in working for Thrive’s award-winning team, visit Thrive’s careers page.

    About Thrive  
    Thrive delivers global technology outsourcing for cybersecurity, Cloud, networking, and other complex IT requirements. Thrive’s NextGen platform enables customers to increase business efficiencies through standardization, scalability, and automation, delivering oversized technology returns on investment (ROI). They accomplish this with advisory services, vCISO, vCIO, consulting, project implementation, solution architects, and a best-in-class subscription-based technology platform. Thrive delivers exceptional high-touch service through its POD approach of subject matter experts and global 24x7x365 SOC, NOC, and centralized services teams. Learn more at www.thrivenextgen.com or follow us on LinkedIn.  

    Thrive Contact:  
    Hannah Johnston
    thrive@v2comms.com  

    The MIL Network

  • MIL-OSI: DSS, Inc. Reports Strong Q1 2025 Financial Performance, Setting the Stage for Strategic Growth

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 22, 2025 (GLOBE NEWSWIRE) — DSS, Inc. (NYSE American: DSS), a multinational company operating across diverse industries including packaging, real estate, and biomedical innovation, today announced financial results for the first quarter of 2025, highlighting meaningful progress in its financial repositioning and a strong foundation for corporate execution in the coming quarters.

    In a quarter focused on streamlining operations and financial discipline, DSS delivered significant improvements in key financial metrics:

    • 28% Year-Over-Year Revenue Growth: Total revenues rose sharply, fueled by a 30% increase in printed product sales and a nearly doubling of rental income from the company’s real estate segment, which grew from $400,000 to $714,000.
    • Strategic Asset Monetization: The Company completed the sale of its Plano, TX facility, for $9.5 million, contributing to $12.88 million in cash from investing activities during the quarter.
    • Debt Reduction and Capital Discipline: DSS used proceeds from asset sales and investments to pay down over $8 million in total debt, reflecting a clear commitment to balance sheet optimization.
    • Strengthening Shareholder Equity: Through its partner company Impact BioMedical, DSS raised $1.5 million in new equity capital during Q1.
    • Improved Operating Cash Flow: Net cash used in operations improved from $2.15 million in Q1 2024 to $1.64 million in Q1 2025, underscoring early operational efficiencies.

    “These results show clear, measurable progress in the financial realignment strategy we launched earlier this year,” said Jason Grady, CEO of DSS, Inc. “In my January letter to shareholders, I outlined the urgent need to cut inefficiencies, strengthen our balance sheet, and lay the groundwork for sustained growth. This quarter proves that work is paying off. As we continue to streamline operations, we’re now turning our attention toward execution in our core verticals and identifying smart, accretive opportunities that will drive long-term value. The foundation is in place and now we’re building on it.”

    The Company plans to continue to showcase measurable results from initiatives in development, operations, and M&A activity as the year progresses. With a renewed focus on high-potential business units and capital allocation, DSS is positioning itself for a dynamic second half of 2025 and beyond.

    To read the 2025 CEO shareholder letter, visit: investors.dssworld.com

    Forward-looking Statements:

    The foregoing material may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company’s product development and business prospects, and can be identified by the use of words such as “may,” “will,” “expect,” “project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,” “should,” “continue” or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, performance, or achievements. Except as required by applicable law, including the security laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

    About DSS, Inc.:

    DSS, Inc. (NYSE American: DSS) is a multinational company operating businesses across multiple high-growth sectors. DSS focuses on creating, acquiring, and investing in innovative companies that drive sustainable value for its shareholders.

    For investor and media inquiries or additional information, please contact:

    DSS, Inc. Investor Relations
    Email: IR@dssworld.com
    Phone: +1 (585) 565-2422

    The MIL Network

  • MIL-OSI: Wearable Devices Secures U.S. Patent for Continuous Gesture Control, Enabling Fine-Tuned Interaction with Digital Devices

    Source: GlobeNewswire (MIL-OSI)

    The newly allowed patent advances Wearable Devices’ neural gesture technology, unlocking seamless pinch-to-zoom, volume control, and object manipulation in mid-air

    Yokneam Illit, Israel, May 22, 2025 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI”)-powered touchless sensing wearables, today announced that the United States Patent and Trademark Office has allowed a continuation of  its patent titled “Gesture and Voice-Controlled Interface Device”.

    Traditional gesture sensing systems continuously track hand and finger movements but lack clear “start” and “end” points, making it difficult for devices to understand when a user truly intends to zoom, adjust volume, or manipulate an object. As a result, unintuitive solutions have been used – such as requiring the use of both hands, adding special buttons, or abandoning continuous control altogether. The same goes for voice assistants, which require a “wake word”, prompting them to wait for further instructions.

    Wearable Devices’ newly allowed patent defines a method to extract precise start and end points from continuous gestures. This breakthrough enables devices to support natural and intuitive control gestures like pinch-to-zoom not just for zooming images, but also for adjusting volume, resizing objects, or moving elements – seamlessly and touch-free.

    The technology is ideally suited for augmented reality (“AR”) headsets, gesture-controlled smart devices, and wearable controllers based on cameras, Inertial Measurement Unit (IMU), or electromyography (EMG) sensors – making mid-air fine control finally accessible and natural.

    “This patent unlocks the full potential of touchless control, allowing users to adjust digital environments as intuitively as they would on a touchscreen – but without ever needing to touch a device,” said Guy Wagner, President and Chief Scientist at Wearable Devices.

    About Wearable Devices

    Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) is a growth company pioneering human-computer interaction through its AI-powered neural input touchless technology. Leveraging proprietary sensors, software, and advanced AI algorithms, the Company’s consumer products – the Mudra Band and Mudra Link – are defining the neural input category both for wrist-worn devices and for brain-computer interfaces. These products enable touch-free, intuitive control of digital devices using gestures across multiple operating systems.

    Operating through a dual-channel model of direct-to-consumer sales and enterprise licensing and collaborations, Wearable Devices empowers consumers with stylish, functional wearables for enhanced experiences in gaming, productivity, and extended reality (“XR”). In the business sector, the Company provides enterprise partners with advanced input solutions for immersive and interactive environments, from AR/virtual reality (“VR”)/XR to smart environments.

    By setting the standard for neural input in the XR ecosystem, Wearable Devices is shaping the future of seamless, natural user experiences across some of the world’s fastest-growing tech markets. Wearable Devices’ ordinary shares and warrants trade on the Nasdaq Capital Market under the symbols “WLDS” and “WLDSW,” respectively.

    Forward-Looking Statements Disclaimer

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, we are using forward-looking statements when we discuss the benefits and advantages of our products and technology, our aim to make neural input as intuitive and accessible as possible, and the potential of our touchless control technology in enabling devices to support natural and intuitive control gestures and allowing users to adjust digital environments. All statements other than statements of historical facts included in this press release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the trading of our ordinary shares or warrants and the development of a liquid trading market; our ability to successfully market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our annual report on Form 20-F for the year ended December 31, 2024, filed on March 20, 2025 and our other filings with the SEC. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

    Investor Relations Contact
    Michal Efraty
    IR@wearabledevices.co.il

    The MIL Network

  • MIL-OSI: BNP Paribas Primary New Issues: STAB Notice NO STAB for AVOLTA (Dufry One)

    Source: GlobeNewswire (MIL-OSI)

    [22/05/2025]

    Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

    [AVOLTA (DUFRY ONE)]

    Post-stabilisation Period Announcement

    NO STABILISATION CARRIED OUT

    [Further to the pre-stabilisation period announcement dated [20/05/2025]] BNP Paribas (contact: Stanford Hartman telephone: 0207 595 8222) hereby gives notice that no stabilisation (within the meaning of Article 3.2(d) of the Market Abuse Regulation (EU/596/2014)) was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.

    Securities

    Issuer: Avolta (Dufry One)
    Guarantor(s) (if any): N/A
    Aggregate nominal amount: EUR 500,000,000
    Description: May 2032 4.5%
    Offer price: 100

    Stabilisation Manager(s)

    Name(s): BNP Paribas, ING, Santander, Banca Akros, LBBW, UBS, Bank of China, BBVA, Bank of America, CIC, Commerzbank, Credit Agricole, Goldmans, HSBC, IMI, MedioBanca, MUFG, Raiffeisen Bank Intl, Unicredit

    This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

    This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.

    The MIL Network

  • MIL-OSI: Drones Used for Power Line Inspection Industry Exploding, Expected to Reach $323 Billion By 2032

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., May 22, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The Global Drone Power Line Inspection Market is expected to grow significantly in the coming years. A report from Wise Guy Reports projected that the Drone Power Line Inspection Market Industry is expected to grow from 26.66(USD Billion) in 2024 to 323.8 (USD Billion) by 2032. The Drone Power Line Inspection Market CAGR (growth rate) is expected to be around 36.63% during the forecast period (2025 – 2032). The report said: “Key market drivers propelling the growth of the drone power line inspection market include increasing demand for reliable and efficient power transmission and distribution, rising emphasis on safety and regulatory compliance, and technological advancements in drone technology. Moreover, government initiatives and support for drone-based inspections and the growing need for remote inspection solutions amidst challenging terrains and weather conditions further contribute to the market expansion. Opportunities for exploration and capture reside in the integration of AI and machine learning capabilities into drones, enabling more accurate and efficient inspection processes. Additionally, the development of autonomous drones with advanced navigation and obstacle avoidance systems holds significant potential for reducing inspection time and costs. Recent trends in the drone power line inspection market revolve around the adoption of multi-rotor drones for enhanced stability and maneuverability. Furthermore, the integration of advanced sensors, such as thermal imaging and high resolution cameras, provides detailed and comprehensive inspection results. The use of drone-mounted LiDAR (Light Detection and Ranging) systems is also gaining traction, offering precise measurements and 3D mapping capabilities, allowing for thorough and reliable assessments of power lines.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), NVIDIA Corporation (NASDAQ: NVDA), AgEagle Aerial Systems Inc. (NYSE: UAVS), AeroVironment, Inc. (NASDAQ: AVAV), EHang Holdings Limited (NASDAQ: EH).

    Wise Guy Reports continued: “Stringent government regulations and safety standards are also driving the growth of the Global Drone Power Line Inspection Market Industry. In many countries, regular inspections of power lines are mandatory to ensure the safety and reliability of the power grid. Traditional inspection methods, such as manual inspections or the use of helicopters, can be time-consuming, expensive, and hazardous. Drones provide a safer and more efficient alternative, enabling utilities to comply with regulatory requirements while reducing the risk to human inspectors.” It concluded: “Major players in Drone Power Line Inspection Market industry are continuously striving to gain a competitive edge by developing innovative and cost-effective solutions. Leading Drone Power Line Inspection Market players are investing in research and development to improve the capabilities of their drones and enhance the efficiency of their inspection services. The Drone Power Line Inspection Market is expected to witness significant growth over the forecast period, owing to the growing demand for drones for power line inspection tasks. Technological advancements and the increasing adoption of drones for various applications are driving the growth of the Drone Power Line Inspection Market. Partnerships and collaborations among market participants are also contributing to the development of the Drone Power Line Inspection Market Competitive Landscape.”

    ZenaTech (NASDAQ:ZENA) National Drone as a Service (DaaS) Grows Through Closing a Fifth Acquisition, Adding Powerline Inspection Capabilities – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, today announces the closing of its fifth US acquisition as part of its national DaaS rollout. The acquisition of Laventure & Associates, Inc. boosts in-house expertise to service the fast-growing powerline inspection market. The Fort Pierce, Florida land surveying, mapping, and services firm with more than two decades of experience brings a strong portfolio of repeat customers, including for multi-year power line inspections. It further enhances the services capabilities of ZenaTech’s DaaS business and provides operational synergies with other recent Florida acquisitions, further solidifying a strategic foothold in the state.

    “Laventure & Associates is an important addition that will leverage new capabilities for AI drones to conduct powerline inspections, potentially adding to our overall DaaS services portfolio future growth. This marks our fifth US acquisition to date, demonstrating steady progress toward acquiring and integrating up to 20 additional companies and new services growth over the next 12 months,” said CEO Shaun Passley, Ph.D.

    The global drone power line inspection market was valued at approximately USD 26.66 billion in 2024 and is projected to grow to USD 323.8 billion by 2032, exhibiting a remarkable CAGR of 36.63% during the forecast period, according to market research company WiseGuy Reports.

    Powerline inspections are important in assessing transmission infrastructure for damage, wear, or vegetation interference to ensure safety and reliability. Traditionally performed by ground crews or helicopters, these inspections are often slow, costly, and hazardous. ZenaTech plans to combine industry land survey and inspections expertise with advanced drone capabilities to deliver faster, safer, and more precise inspections, helping power companies reduce downtime, improve maintenance, and streamline operations.

    ZenaTech’s DaaS business will incorporate the ZenaDrone 1000 and the IQ series of multifunction autonomous drones to provide a variety of solutions from land surveys and power line inspections to power washing and bar code scanning inventory management automation, made accessible and cost effective through an Uber-like business model paid for on a regular subscription or pay-per-use basis. Customers can conveniently access drones for eliminating manual or time-consuming tasks and achieving superior results.

    The DaaS business model offers customers reduced upfront costs and convenience ─ there is no need to purchase drone hardware and software, find a drone pilot, manage maintenance and operation, or acquire regulatory approvals. The model also offers scalability to use more often or less often based on business needs. Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    In Additional ZENA News: ZenaTech’s (NASDAQ:ZENA) Advances Its US Southeast DaaS Business with a Bolt-On Land Survey Company Acquisition Offer – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announced it has extended an offer to acquire a well-established Florida land survey engineering firm that could serve as a bolt-on to another recently acquired land survey company. The acquisition would strengthen ZenaTech’s Drone as a Service presence in the high-growth Florida market and would be the fourth acquisition in the Southeast region and the fifth acquisition nationally.

    “This target acquisition will strengthen our regional Florida coverage by delivering faster and more precise drone-powered surveys to construction, real estate and government customers, while accelerating our broader US DaaS rollout,“ said Shaun Passley, Ph.D., CEO of ZenaTech. “With the global drone survey market growing at over 19% a year, we plan to leverage this growth by building a scalable, recurring revenue business that captures long-term value across land surveys and other legacy industries ripe for drone innovation.”

    Accurate land surveys are essential for the planning, design, and execution of roads, bridges, and building projects for cities, commercial, and residential projects, and are required for legal purposes. Remotely piloted drones with an array of sensors and cameras, LiDAR (Light Detection and Ranging), and GPS systems for capturing high-resolution pictures and data are revolutionizing the land survey industry, gathering aerial data across expansive terrains in a matter of hours instead of weeks or months using more traditional photogrammetry methods.

    The Drone as a Service or DaaS business model works similarly to Software as a Service (SaaS), but instead of providing software over the internet, this model offers drone technology solutions and services on a subscription or pay-per-use basis. Both business and government customers can conveniently access drones for tasks such as surveying, inspections, security, law enforcement, power washing or precision agriculture solutions without having to buy, operate, or maintain the drones themselves. Continued… Read this full release by visiting: https://www.zenatech.com/newsroom/

    Other recent developments in the markets include:

    NVIDIA Corporation (NASDAQ: NVDA) – AI is transforming industries and tackling global challenges. The NVIDIA Jetson™ platform drives this revolution by providing tools to develop and deploy AI-powered robots, drones, IVA applications, and autonomous machines. Powered by generative AI at the edge, as well as NVIDIA Metropolis and Isaac™ platforms, Jetson offers scalable software, modern AI stack, flexible microservices and APIs, production-ready ROS packages, and application-specific AI workflows.

    The new Jetson Orin™ platform also gives you up to 275 trillion operations per second and 8X the performance of the last generation. Seven different modules based on the same architecture—from the entry-level Jetson Orin Nano™ to the highest performance Jetson AGX Orin—make this the ideal platform for the new age of robotics.

    Tomahawk GCS, an AeroVironment (NASDAQ: AVAV) product line specializing in autonomous and intelligent multi-domain systems, has recently been awarded a $5.1 million contract to support the U.S. Army Rapid Capabilities and Critical Technologies Office (RCCTO) Human-Machine Integrated Formations (HMIF) rapid prototyping project. Following a rigorous selection process, AV’s Tomahawk’s Grip TA5 was selected as the Dismounted Common Controller (DCC) to significantly enhance human-machine teaming for battlefield operations.

    The HMIF initiative, led by the U.S. Army RCCTO, is accelerating the integration of autonomous and robotic systems into formations to enhance situational awareness, lethality, and survivability. With its modular architecture and multi-platform compatibility, the Grip TA5 provides operators command-and-control of multiple robotic assets in real-time, enhancing mission adaptability and response speed.

    EHang Holdings Limited (NASDAQ: EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, recently announced that it will release its unaudited financial results for the first quarter ended March 31, 2025 on Monday, May 26, 2025, before the U.S. market opens.

    EHang’s management team will host an earnings conference call at 8:00 AM on Monday, May 26, 2025, U.S. Eastern Time (8:00 PM on Monday, May 26, 2025, Beijing/Hong Kong Time).

    AgEagle Aerial Systems Inc. (NYSE: UAVS), a leading provider of best-in-class unmanned aerial systems (UAS) and sensors for military, public safety, and commercial use, recently announced its financial results for the first quarter ended March 31, 2025, highlighted by gross margin improvement and significant reduction in operating expenses.

    AgEagle CEO Bill Irby commented, “In the first quarter of 2025 we delivered a significantly improved financial performance marked by strong gross margin improvement and a meaningful reduction in operating expenses. This pivotal milestone is a clear validation of the strategic decisions we have made to streamline operations, sharpen our commercial focus, and prioritize higher-margin product lines. With a strengthened balance sheet, improved cash position, and reduced cash burn, AgEagle is now operating from a healthier and more resilient financial foundation.

    About FN Media Group:

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

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

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

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    SOURCE: FN Media Group

    The MIL Network

  • MIL-OSI: Sky Quarry Announces Strategic Growth Plan to Achieve Full Production Capacity at its Foreland Refinery

    Source: GlobeNewswire (MIL-OSI)

    “Scalable roadmap sets stage for up to 800,000 barrels annually through steady operations and targeted investments”

    WOODS CROSS, Utah, May 22, 2025 (GLOBE NEWSWIRE) — Sky Quarry Inc. (NASDAQ: SKYQ) (“Sky Quarry” or “the Company”), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, today announced a comprehensive strategic roadmap for its wholly owned subsidiary, Foreland Refining Corporation (“Foreland”). The plan is designed to scale operations to a sustained production rate of up to 800,000 barrels per year.

    Titled the “Path to Full Production,” the phased plan positions Foreland, Nevada’s only operating refinery, as a key piece of regional energy infrastructure, helping to stabilize fuel supply across the Western U.S. Each stage is supported by clearly defined operational, technical, and financial benchmarks.

    The Refinery is currently operating at up to 3,600 barrels per day, with expansion efforts already underway. The roadmap outlines four key production milestones: 45,000, 60,000, 80,000, and 100,000 barrels per month. Foreland expects to reach this peak level during periods of high seasonal demand. These are monthly targets, with production rising in the summer and easing back in winter. At full capacity, this translates to an annualized peak rate of 800,000 barrels, though actual output will vary seasonally.

    “This initiative is designed to sharpen our operations and strengthen our bottom line, setting the stage for expected and sustained growth,” said David Sealock, Chairman & CEO of Sky Quarry. “Refining is a long game, and Foreland is building the foundation to be a high-integrity, high-performance facility for years to come.”

    Key components of the strategic growth plan include:

    • Operational Efficiency: Reducing downtime from shutdowns and startups improves safety and extends equipment life.
    • Workforce Expansion: New positions in operations, maintenance, and supervision will support the transition to higher capacity.
    • Stronger Supply and Customer Relationships: Steady production attracts long-term contracts, stronger pricing, and more reliable partnerships.
    • Revenue Growth Potential: Each production milestone significantly increases the refinery’s revenue-generating capacity.

    To support these goals, the Company has implemented a proactive maintenance and risk management framework. Infrastructure upgrades and crude supply contracts are already in progress to ensure safe and uninterrupted operations in anticipation of increased production.

    “These projects aren’t just about increasing production, they’re about building strong teams and lasting systems,” Sealock added. “I want to thank Cyla Apache, our Vice President, for spearheading this project from concept to implementation with vision and precision. I’m also grateful to our refinery staff for their hands-on expertise, to Kevin Arrington at TAR360 for his guidance, and to the University of Utah research team, whose work is helping us reduce energy use and lower utility costs. We’re confident in our path forward and proud of what it means for our community, customers, and shareholders.”

    The Refinery also intends to expand its capabilities to include recycled heavy oil from waste materials, expected to be sourced from PR Spring. The Company believes this roadmap will help support Sky Quarry’s mission to build a more sustainable and resilient energy future through operational excellence, safety, and long-term value creation.

    About Sky Quarry Inc.

    Sky Quarry Inc. (NASDAQ:SKYQ) and its subsidiaries are, collectively, an oil production, refining, and a development-stage environmental remediation company formed to deploy technologies to facilitate the recycling of waste asphalt shingles and remediation of oil-saturated sands and soils. Our waste-to-energy mission is to repurpose and upcycle millions of tons of asphalt shingle waste, diverting them from landfills. By doing so, we can contribute to improved waste management, promote resource efficiency, conserve natural resources, and reduce environmental impact. For more information, please visit skyquarry.com.

    Forward-Looking Statements

    This press release may include ”forward-looking statements.” All statements pertaining to our future financial and/or operating results, future events, or future developments may constitute forward-looking statements. The statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project,” or words of similar meaning. Such statements are based on the current expectations and certain assumptions of our management, of which many are beyond our control. These are subject to a number of risks, uncertainties, and factors, including but not limited to those described in our disclosures. Should one or more of these risks or uncertainties materialize or should underlying expectations not occur or assumptions prove incorrect, actual results, performance, or our achievements may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. We neither intend, nor assume any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. You are urged to carefully review and consider any cautionary statements and the Company’s other disclosures, including the statements made under the heading “Risk Factors” and elsewhere in the Company’s Form 10-K as filed with the SEC on March 31, 2025. Forward-looking statements speak only as of the date of the document in which they are contained.

    Investor Relations
    Jennifer Standley
    Director of Investor Relations
    Ir@skyquarry.com

    Company Website
    www.skyquarry.com

    The MIL Network

  • MIL-OSI: XRP News: XenDex Presale Ends in 6 Days, Secure $XDX Before Listings Go Live on Binance, FirstLedger, Gate.io, Magnetic & More

    Source: GlobeNewswire (MIL-OSI)

    SYDNEY, Australia, May 22, 2025 (GLOBE NEWSWIRE) — As XRP makes waves across the global crypto landscape, XenDex is quickly becoming the most talked-about DeFi launch on the XRP Ledger (XRPL). With just 6 days left in the presale, urgency is at an all-time high as early investors race to secure $XDX tokens before exchange listings go live.

    Having already filled its soft cap and with the hard cap nearly complete, the XenDex presale has entered its final stretch, fueled by overwhelming demand from both retail and institutional investors.

    Buy $XDX Now Before Listing On Binance

    Riding on the recent news of the possibility of XRP price hitting all time high, CME launching XRP Futures, SEC lawsuit withdrawal, and XRP breaking resistance levels, XenDex is building the DeFi infrastructure XRP has long needed. It’s all-in-one decentralized exchange (DEX) is in active development, and the Version 1 of the DEX will be unveiled soon, showcasing every feature in action.

    With speculation mounting that XRP could reach $1,000 in the long term, XenDex is launching at the perfect moment, offering the tools, speed, and accessibility XRPL has long needed.

    What Is XenDex?

    XenDex is developing the first all-in-one decentralized exchange (DEX) on the XRP Ledger, designed for both beginners and seasoned traders. With Version 1 in active development, a platform mockup will be revealed in the coming days and only presale participants will receive early access.

    Purchase $XDX At A low Price

    Key Features of XenDex

    • AI Copy Trading – Mirror the strategies of elite traders
    • Lending & Borrowing – Borrow or lend XRP and $XDX securely
    • Cross-Chain Trading – Swap XDX across Ethereum, Solana, and BNB
    • Staking & Yield Farming – Earn rewards while providing liquidity
    • DAO Governance – Shape the platform’s direction via voting with $XDX

    Why Join Now?

    • Price: 1.25 XRP = 10 XDX
    • Minimum Buy: 150 XRP
    • Soft Cap: Filled
    • Hard Cap: Almost Filled

    Buy Now Before the Presale Ends: https://xendex.net/presale

    Confirmed Exchange Listings:

    After the presale, $XDX will be listed on exchanges like; Binance, Gate.io, MEXC, BitMart, FirstLedger, MagneticX.

    With just 6 days left, shrinking token supply, and a full launch imminent, this may be your final chance to buy before price surges on listing.

    Join XenDex Community Below:

    Website: xendex.net
    Presale: xendex.net/presale
    Telegram: t.me/xendexcommunity
    Twitter/X: x.com/xendex_xrp
    Docs: xdxdocs.gitbook.io

    Contact:
    Frank Richards
    Frank@xendex.net

    Disclaimer: This is a paid post provided by XenDex. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.

    Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.
    Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6ffce0c1-f614-4d73-9e2f-3801cd590f64

    The MIL Network

  • MIL-OSI: BNP Paribas Primary New Issues: MID-Stabilisation Notice – Wolseley Group

    Source: GlobeNewswire (MIL-OSI)

    22.05.2025

    Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

    [WOLSELEY GROUP PLC]

    Mid-stabilisation Period Announcement

    [Further to the pre-stabilisation period announcement dated 16.05.2025] BNP Paribas (contact: Stanford Hartman telephone: 0207 595 8222) hereby gives notice that the Stabilisation Manager(s) named below undertook stabilisation (within the meaning of [Article 3.2(d) of the Market Abuse Regulation (EU/596/2014) / [and of] the rules of the Financial Conduct Authority)] in relation to the offer of the following securities, as set out below.

    Securities

    Issuer: WOLSELEY GROUP FINCO PLC
    Guarantor (if any): N/A
    Aggregate nominal amount: 350,000,000 GBP
    Description: Senior Secured Fixed Rate Notes
    Stabilisation Manager(s): BNP Paribas, Lloyds Bank, Wells Fargo, RBC, BOFA

    Stabilisation transaction[s]

    Date and time: Price: Quantity Stabilisation trading venue:
     16/05/2025  17:10:48  99.25  1,000,000.00  OTC
     16/05/2025  17:12:20  98.625  1,375,000.00  OTC
     16/05/2025  17:12:26 98.625 125,000.00 OTC
     16/05/2025  17:12:26  98.625  125,000.00  OTC
    19/05/2025  09:21:51 98.50 -2,000,000.00 OTC
    19/05/2025  09:32:45 98.625 -1,700,000.00 OTC
    19/05/2025  09:56:38 99.00 -200,000.00 OTC
    19/05/2025  09:59:05 98.83 -2,354,000.00 OTC
    19/05/2025  10:02:33 99.23 -500,000.00 OTC
    19/05/2025  11:31:42 99.015 1,000,000.00 OTC
    19/05/2025  15:10:28 99.1 -1,000,000.00 OTC
    20/05/2025  12:05:52 99.5 -2,000,000.00 OTC
    20/05/2025  12:34:15 99.375 500,000.00 OTC
    21/05/2025  17:04:09 99.55 2,300,000.00 OTC

    This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

    This announcement and the offer of the securities to which it relates are only addressed to and directed at persons outside the United Kingdom and persons in the United Kingdom who have professional experience in matters related to investments or who are high net worth persons within Article 12(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and must not be acted on or relied on by other persons in the United Kingdom.

    In addition, if and to the extent that this announcement is communicated in, or the offer of the securities to which it relates is made in, the UK or any EEA Member State before the publication of a prospectus in relation to the securities which has been approved by the competent authority in the UK or that Member State in accordance with Regulation (EU) 2017/1129 (the “Prospectus  Regulation”) (or which has been approved by a competent authority in another Member State and notified to the competent authority in the UK or that Member State in accordance with the Prospectus Regulation), this announcement and the offer are only addressed to and directed at persons in the UK or that Member State who are qualified investors within the meaning of the Prospectus Regulation (or who are other persons to whom the offer may lawfully be addressed) and must not be acted on or relied on by other persons in the UK or that Member State.

    This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.

    The MIL Network

  • MIL-OSI: Primech AI Commences 2-Year Lease Deployment of HYTRON Autonomous Bathroom Cleaning Robot at Major Singapore Shopping Mall

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 22, 2025 (GLOBE NEWSWIRE) — Primech AI Pte. Ltd. (“Primech AI” or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced the successful deployment of its state-of-the-art autonomous bathroom cleaning robot, HYTRON, at one of Singapore’s premier lifestyle and shopping destinations. This deployment represents a significant milestone in the Company’s mission to revolutionize facility services through advanced robotics and AI-driven technology.

    The HYTRON robot, powered by NVIDIA’s Jetson Orin Super module, delivers exceptional performance in real-time AI processing, energy efficiency, and intelligent decision-making capabilities within a compact design specifically engineered for high-traffic public environments.

    “Our deployment at this shopping mall demonstrates how advanced robotics and AI can dramatically improve cleanliness and hygiene standards in busy commercial spaces,” said Charles Ng, Co-Founder and Chief Operating Officer at Primech AI. “HYTRON represents our commitment to addressing real-world challenges in facilities management through purpose-built technological solutions.”

    HYTRON’s sophisticated capabilities leverage NVIDIA’s comprehensive suite of technologies, including CUDA for high-performance parallel computing, cuDNN for accelerated deep learning performance, TensorRT for optimized AI inference, and NVIDIA Driver for stable hardware-software communication. These technologies enable HYTRON to maintain consistent cleanliness standards with minimal human intervention.

    Visitors can now observe HYTRON in operation, working efficiently to maintain restroom cleanliness with precision and reliability throughout the mall’s operating hours. The robot’s presence has already generated significant interest among shoppers and facilities management professionals alike.

    This latest HYTRON deployment at one of Singapore’s busiest lifestyle destinations underscores Primech AI’s expanding market presence and mission to transform urban hygiene solutions through innovative robotics. The Company continues to focus on creating tailored solutions for space-constrained environments typical in urban settings across Asia and Europe.

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

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

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

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

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

    The MIL Network

  • MIL-OSI: Modern Renters Crave Easy, Digital Experiences, AppFolio Research Finds

    Source: GlobeNewswire (MIL-OSI)

    Report reveals growing appetite for services that deliver convenience

    Property managers must elevate the resident experience to attract renters amid rising competition

    SANTA BARBARA, Calif., May 22, 2025 (GLOBE NEWSWIRE) —  AppFolio (NASDAQ:APPF), the technology leader powering the future of the real estate industry, today released its 2025 AppFolio Renter Preferences Report. Drawing on insights from over 2,000 U.S. renters, the report outlines key strategies for property managers to gain an edge in a competitive market shaped by rising costs, higher vacancies, and slower rent growth.

    Residents Want Services That Offer Convenience in Their Daily Lives
    Today’s renters expect property managers to offer a digital, consumer-friendly experience similar to what they receive from retailers and on-demand applications. However, the availability of these services – like renter rewards programs, security deposit alternatives, and prompt maintenance support – is still limited, presenting a gap for property managers to fill.

    • Residents who are satisfied with their property manager are 73% more likely to plan to renew their lease. Similarly, those who are satisfied with maintenance are 71% more likely to say they are planning to renew their lease, and 86% of renters who are satisfied with communication about maintenance issues are also satisfied with their property manager.
    • Despite online payments becoming more common, 39% of renters still pay rent through traditional methods like cash or check, with 59% of those renters reporting that online payments are not available to them.
    • When considering a new rental, renters report the most valuable financial services to them are online rent payment (86%), rent reporting (72%), renter rewards programs (72%), flexible rent (69%), and security deposit alternatives (65%).

    Modernizing the Moving Experience Is an Untapped Opportunity
    Moving is a highly stressful part of the rental journey and while digital move-in services can greatly reduce this burden, they remain underutilized. Those who use them overwhelmingly find them helpful.

    • While 35% of renters plan to move from their current housing, primarily seeking better living spaces or lower rent, 44% of those choosing to renew their leases cite the high cost of moving as their main reason for staying.
    • Three-fourths of renters have experienced challenges during the move-in process, with setting up utilities being reported as the top issue.
    • Fewer than 30% of renters have completed their move-in tasks through digital tools, yet 80% of those who have used them found the digital tools beneficial.

    Understanding Generational Differences Is Key to Meeting and Exceeding Resident Expectations
    Gen Z is on track to become the largest renter demographic by 2030. With accessing homeownership continuing to be a challenge, many see rental homes as long-term residences and expect homes that use technology to improve everyday life.

    • 71% of Gen Z renters consider digital move-in services important, compared to 58% of Millennials, 53% of Gen X, and 34% of Baby Boomers.
    • When evaluating a new rental, 69% of Gen Z are interested in smart home technology, compared to 58% of Millennials, 50% of Gen X, and 46% of Baby Boomers.
    • 77% of Gen Z renters prioritize flexible rent, in contrast to 67% of Millennials, 49% of Gen X, and 37% of Baby Boomers.

    “Residents expect fast, easy, and personalized experiences—and our report shows that demand is only growing,” said Stacy Holden, Vice President, Industry Principal at AppFolio. “Property managers that meet and exceed resident expectations will not only address current gaps in service but also attract new renters and build stronger relationships with existing residents.”

    Explore the top trends defining today’s rental landscape and download the 2025 AppFolio Renter Preference Report.

    Survey Methodology
    AppFolio commissioned a survey of 2,002 U.S. renters ages 18 and up, which was conducted from January 24–30, 2025.

    About AppFolio
    AppFolio is the technology leader powering the future of the real estate industry. Our innovative platform and trusted partnership enable our customers to connect communities, increase operational efficiency, and grow their business. For more information about AppFolio, visit appfolio.com.

    For more information, please contact:
    AppFolio
    appfolio@missionnorth.com

    The MIL Network

  • MIL-OSI: LPL Financial and Momentum Wealth Partners Welcome Beacon Financial

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, May 22, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that Beacon Financial has joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms, aligning with Momentum Wealth Partners, an existing firm supporting LPL-affiliated advisors. The Beacon Financial team of 10 advisors reported having served approximately $850 million in advisory, brokerage and retirement plan assets* and joins LPL from Cetera.

    Based in Toledo, Ohio, Beacon Financial is led by Principal Owner and CEO Greg Kopan, AIF®, a seasoned financial services veteran with nearly two decades of industry experience. Kopan founded Beacon Financial in 1997 with the goal of helping clients build a more secure financial future. Today, Beacon Financial is a multi-generational practice leveraging multiple perspectives to work toward predictability for their clients’ wealth horizon.

    “Our clients range from business owners and professionals to those nearing or in retirement, and we take a comprehensive approach to understanding each of their needs and goals to create a personalized and tailored plan to help them meet their short- and long-term goals,” Kopan said.

    Looking to pair their client-centered philosophy with the desire to provide their clients with an elevated experience, the team spent 10 months researching firms and doing their due diligence before selecting LPL and Momentum as the best partners for their business goals.

    “LPL stood out to us for several reasons,” Kopan said. “First, LPL has a strategic succession planning team, and that’s incredibly important as we are a multi-generational practice, and the future of the firm is always top of mind. LPL’s robust integrated and streamlined technology also stood out because we have a lot of older clients, and I am confident that having a single sign-on will be a positive change for them. Another deciding factor is that LPL understands our concerns around cybersecurity and is committed to helping combat the issue. Last year, LPL spent more than $500 million on technology infrastructure and cybersecurity to help advisors keep their businesses — and their clients — safe.”

    Kevin Frank, Momentum Wealth Partners Managing Partner and Co-founder, stated, “At Momentum, our mission is to empower advisors to achieve their professional goals by providing strategic planning, personalized support and an unwavering partnership — the same type of partnership that the Beacon Financial team provides to their clients. We look forward to a successful partnership for years to come.”

    Scott Posner, Managing Director, Business Development, said, “We welcome the Beacon Financial team and are honored they turned to LPL and Momentum Wealth Partners for the next phase of their business. At LPL, we are committed to helping advisors provide differentiated experiences by delivering innovative capabilities and strategic resources that make it easier for advisors to manage their practices and build long-term value with their clients.”

    Related

    Advisors, learn how LPL Financial can help take your business to the next level.

    About LPL Financial

    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports nearly 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to — run thriving businesses. For further information about LPL, please visit www.lpl.com.

    Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor and broker-dealer, member FINRA/SIPC. Beacon Financial, Momentum Wealth Partners and LPL Financial are separate entities.

    Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

    We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

    *Value approximated based on asset and holding details provided to LPL from end of year, 2024.

    Media Contact: 
    Media.relations@LPLFinancial.com

    Tracking #735638

    The MIL Network

  • MIL-OSI: Dimensional Fund Advisors Ltd. : Form 8.3 – DUNDEE PRECIOUS METALS INC – Ordinary Shares

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1. KEY INFORMATION  
       
    (a) Full name of discloser: Dimensional Fund Advisors Ltd. in its capacity as investment advisor and on behalf its affiliates who are also investment advisors (”Dimensional”). Dimensional expressly disclaims beneficial ownership of the shares described in this form 8.3.  
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
       
    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:
    Use a separate form for each offeror/offeree
    Dundee Precious Metals Inc  
    (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:    
    (e) Date position held/dealing undertaken:
    For an opening position disclosure, state the latest practicable date prior to the disclosure
    21 May 2025  
    (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
    If it is a cash offer or possible cash offer, state “N/A”
    NO  
       
    2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE  
       
    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.  
    (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)  
       
    Class of relevant security: Common (CA2652692096)  
      Interests Short Positions  
      Number % Number %  
    (1) Relevant securities owned and/or controlled: 8,334,783 4.99 %      
    (2) Cash-settled derivatives:          
    (3) Stock-settled derivatives (including options) and agreements to purchase/sell:          
      Total 8,334,783 * 4.99 %      
    * Dimensional Fund Advisors LP and/or its affiliates do not have discretion regarding voting decisions in respect of 17,900 shares that are included in the total above.  
       
    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

     
       
       
    (b) Rights to subscribe for new securities (including directors’ and other employee options)  
       
    Class of relevant security in relation to which subscription right exists:    
    Details, including nature of the rights concerned and relevant percentages:    
       
    3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE  
       
    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

     
    (a) Purchases and sales  
       
    Class of relevant security Purchase/sale Number of securities Price per unit  
             
       
    (b) Cash-settled derivative transactions  
       
    Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit  
               
       
    (c) Stock-settled derivative transactions (including options)
     
    (i) Writing, selling, purchasing or varying
     
    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit
                   
       
    (ii) Exercise  
       
    Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit  
               
       
    (d) Other dealings (including subscribing for new securities)  
                 
    Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable)  
             
       
    4. OTHER INFORMATION  
       
    (a) Indemnity and other dealing arrangements  
       
    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”
     
    None  
       
    (b) Agreements, arrangements or understandings relating to options or derivatives  
       
    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i) the voting rights of any relevant securities under any option; or
    (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”
     
    None  
       
    (c) Attachments  
       
    Is a Supplemental Form 8 (Open Positions) attached? NO  
       
    Date of disclosure 22 May 2025  
    Contact name Thomas Hone  
    Telephone number +44 20 3033 3419  
       

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI: Bitget Wallet Unveils Full-Stack Roadmap Across Trade, Earn, Pay, and Discover

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, May 22, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, has unveiled its product roadmap following a recent brand overhaul, outlining a series of updates designed to simplify crypto and expand real-world use. The roadmap is built around four core functions—Trade, Earn, Pay, and Discover—and is backed by a $1 million community incentive campaign and the launch of a global Champion Program aimed at accelerating adoption. These initiatives are part of Bitget Wallet’s broader Crypto for Everyone movement, which focuses on making self-custody tools more accessible, intuitive, and useful in everyday life.

    “Bitget Wallet is no longer just a place to store tokens — it’s becoming the starting point for how people trade, earn, pay, and explore onchain,” said Alvin Kan, COO of Bitget Wallet. “This roadmap is about delivering smarter, simpler crypto experiences that solve real user pain points and bring crypto closer to everyday life.”

    With over 80 million users globally, Bitget Wallet has evolved from a basic wallet app into a full-featured gateway for onchain activity. Its trading experience now covers the entire flow — discover, analyze, and execute — with tools like Hot Picks, real-time alerts, and curated token insights designed to surface early-stage opportunities. Through Bitget Wallet Alpha, users can monitor smart money movements, onchain behaviors such as sniper bots and dev wallet activity, and access tools including market charts, AI-generated summaries, and sentiment feeds. Trades are executed through a one-click, gas-free Super DEX that aggregates liquidity across 100+ DEXs and supports tokens across 130+ blockchains, with MEV protection and dynamic slippage built in.

    To help users grow their assets, Bitget Wallet currently offers one-click staking and automated yield generation, and will soon launch its Simple Yield Vault, enabling balances to earn interest automatically while remaining instantly spendable. Future updates include support for tokenized real-world assets, such as stocks, bonds, and gold, allowing users to manage diversified portfolios directly within the app. An upgraded Earn Dashboard will offer performance tracking with gain charts and detailed earning breakdowns.

    On the payments front, Bitget Wallet is one of the first wallets to integrate a built-in shop page, where users can purchase goods and services from over 300 brands using crypto — without needing to convert to fiat. From mobile top-ups and gaming to travel and e-commerce, the shop covers major global merchants like Amazon, Google Play, Shopee, and more. Through Payfi integrations, the wallet is the only self-custodial wallet supporting maximum payment flexibility via crypto cards, QR code scans, and in-app purchases. Integrations with national QR code systems in Asia and Latin America are also underway to support local merchant payments. The Bitget Wallet Card is already live in Asia, with further expansion in Europe and Latin America to support everyday crypto spending globally.

    To make onboarding easier, Bitget Wallet will soon launch Simple Mode in selected regions, offering a streamlined interface where the concept of gas and chains are completely abstracted away and tailored to Web3 newcomers. A new AI-powered support chatbot is in development to assist users in real time. In parallel, the platform’s Discover page is being upgraded into a central hub for onchain activity, featuring a smart DApp browser, testnet tools, multi-chain playbooks, and push notifications for airdrops and project updates, making it easier for users to navigate the broader Web3 ecosystem.

    Security continues to be a core focus. Bitget Wallet uses advanced encryption and MPC-based recovery to simplify account access without relying on traditional seed phrases. Real-time risk detection, phishing alerts, and smart transaction protections work together to help users stay safe. As wallets expand from basic storage into multi-functional financial apps, Bitget Wallet continues to prioritize both security and simplicity across user experience.

    Bitget Wallet’s roadmap highlights its broader vision of building a crypto wallet for everyone — from first-time users to advanced traders. With nearly 100 Web3 projects joining its Crypto for Everyone Movement, Bitget Wallet is launching new user onboarding programs, educational initiatives, and ecosystem partnerships — backed by a $1 million incentive campaign to drive adoption. Complementing these efforts, the Bitget Wallet Champion Program empowers community leaders and content creators worldwide to drive Web3 adoption through education, engagement, and exclusive rewards. The wallet aims to close the gap between crypto and real-world usage, enabling anyone to benefit from Web3 — wherever they are on their journey.

    For more details on the product roadmap, please visit the Bitget Wallet blog.

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

    For more information, visit: XTelegramInstagramYouTubeLinkedInTikTokDiscordFacebook

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4ceb2d7f-2514-45ba-9ea9-1764091b44c8

    The MIL Network

  • MIL-OSI: Amplify Energy to Participate in the 2025 Louisiana Energy Conference

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, May 22, 2025 (GLOBE NEWSWIRE) — Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that the Company will be participating in the 2025 Louisiana Energy Conference on Wednesday, May 28th at the Four Seasons in New Orleans, LA.

    Amplify’s President and Chief Executive Officer, Martyn Willsher, will be participating in a panel discussion regarding the topic of “Small Cap E&Ps See Value Creation in U.S. Basins Beyond the Permian.” In addition, Mr. Willsher will be available to meet with investors during the conference.

    About Amplify Energy

    Amplify Energy Corp. is an independent oil and natural gas company engaged in the acquisition, development, exploitation and production of oil and natural gas properties. Amplify’s operations are focused in Oklahoma, the Rockies (Bairoil), federal waters offshore Southern California (Beta), East Texas / North Louisiana, and the Eagle Ford (Non-op). For more information, visit www.amplifyenergy.com.

    Investor Relations Contacts

    Jim Frew – Senior Vice President and Chief Financial Officer
    (832) 219-9044
    james.frew@amplifyenergy.com

    Michael Jordan – Director, Finance and Treasurer
    (832) 219-9051
    michael.jordan@amplifyenergy.com

    The MIL Network

  • MIL-OSI: Form 8.3 – [CRANEWARE PLC – 21 05 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
    N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    CRANEWARE PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    21 MAY 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

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

    Class of relevant security: 1p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 1,713,787 4.8399    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 1,713,787 4.8399    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

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

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

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

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    1p ORDINARY SALE 300 2089.4286p
    1p ORDINARY SALE 708 2120.4p
    1p ORDINARY SALE 45 2125p
    1p ORDINARY SALE 350 2150p
    1p ORDINARY SALE 140 2152p
    1p ORDINARY SALE 1,960 2160.5p
    1p ORDINARY SALE 400 2161p
    1p ORDINARY SALE 50 2165p
    1p ORDINARY SALE 125 2170p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    NONE        

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

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option
    Exercising/ exercised against Number of securities Exercise price per unit

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

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

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

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 22 MAY 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI: Form 8.3 – [GLOBALDATA PLC – 21 05 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
    N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    GLOBALDATA PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    21 MAY 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

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

    Class of relevant security: 0.01p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 11,058,455 1.3711    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 11,058,455 1.3711    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

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

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

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

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    0.01p ORDINARY SALE 3,825 190.52p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    NONE        

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

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option
    Exercising/ exercised against Number of securities Exercise price per unit

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

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

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

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 22 MAY 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI: America First Healthcare Reviews: What Clients Are Saying About Their Coverage

    Source: GlobeNewswire (MIL-OSI)

    ORLANDO, Fla., May 22, 2025 (GLOBE NEWSWIRE) — Americans praise transparency, compassion, and real savings in a marketplace plagued by confusion and mistrust.

    More than ever, they’re turning to private health insurance solutions that prioritize honesty, affordability, and clarity as the U.S. healthcare landscape changes. One Florida-based company, America First Healthcare, is gaining traction for doing just that, and verified reviews from both the Better Business Bureau (BBB) and Trustpilot suggest that clients are noticing the difference.

    Founded by entrepreneur Jordan Sarmiento after a personal medical crisis left him with $95,000 in hospital bills, America First Healthcare was built to give Americans a straightforward, trustworthy path to health coverage. Sarmiento says, “I created this company so no one else would have to go through what I did. I used to feel helpless, overwhelmed, and unprotected.”

    And according to dozens of clients, that mission is succeeding.

    Customers have shared detailed accounts of exceptional service on the Better Business Bureau, where America First Healthcare is BBB-accredited with an A rating. In one verified five-star review, a customer wrote:

    “Daniel was extremely helpful and answered every question I had. He thoroughly explained my coverage options and was very pleasant. Would definitely recommend America First Healthcare.” – BBB Verified Reviewer, December 2024

    Based on verified reviews, America First Healthcare holds a TrustScore of over four stars with more than 90% positive reviews on Trustpilot. One recent reviewer enjoyed their experience with the company:

    I want to extend my sincere appreciation to Alejandro Ustariz for his outstanding service and support in helping me secure excellent dental insurance coverage. From the very beginning, he was knowledgeable, patient, and attentive to my specific needs. He spent ample amount of time to explain all the available options in a clear and understandable way, ensuring I made an informed decision. – Verified Trustpilot Review, May 1 2025

    Another client wrote:

    “I want to extend my sincere appreciation to Alejandro Ustariz for his outstanding service and support in helping me secure excellent dental insurance coverage. From the very beginning, he was knowledgeable, patient, and attentive to my specific needs. He spent ample amount of time to explain all the available options in a clear and understandable way, ensuring I made an informed decision.” – Verified Trustpilot Review, February 2024

    Sarmiento, who founded the company with a belief in small government and free-market healthcare solutions, has made it clear that America First Healthcare’s goal is not just to sell policies, but to rebuild trust in private insurance.

    The founder, Sarmiento, says “Our advisors aren’t taught to close deals, they’re taught to care,” said Sarmiento. “We listen before we recommend. We explain without jargon. And we serve people like they matter. Because they do.”

    With a growing footprint nationwide and a client base that includes families, small business owners, and independent contractors, the company is quickly becoming a voice for Americans seeking health insurance without the games.

    Jordan Sarmiento and America First Healthcare are changing the tone of health insurance, one honest conversation at a time.

    ABOUT AMERICA FIRST HEALTHCARE
    America First Healthcare is a private health insurance agency headquartered in Orlando, Florida. It is dedicated to helping Americans find honest, affordable healthcare coverage that works for their needs, not against them. Founded in 2021, the company believes in transparency, values-first service, and putting people over profits.

    MEDIA CONTACT
    Jordan Sarmiento
    Founder & CEO, America First Healthcare
    Email: info@americafirsthealthcare.com
    Address: 7700 Southland Blvd, Orlando, FL 32809
    Website: https://americafirsthealthcare.com

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

    The MIL Network

  • MIL-OSI: Aurora Mobile’s Overseas Cumulative Contract Value Surpasses RMB100 Million, Fueled by New Contracts in First Quarter of 2025

    Source: GlobeNewswire (MIL-OSI)

    SHENZHEN, China, May 22, 2025 (GLOBE NEWSWIRE) — Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today announced that the cumulative contract value of its overseas businesses exceeded RMB100 million, as of March 31, 2025. During the first quarter of 2025, the Company signed new contracts with total value over RMB50 million. Revenue from these new contracts will be recognized in the Company’s financial statements according to their respective terms and conditions and service periods.

    In 2022, Aurora Mobile launched EngageLab, a forward-looking product designed for overseas markets. With its precise strategy and use-case driven technical services, EngageLab quickly gained a competitive edge and market recognition. With customers from 37 countries and regions worldwide, EngageLab’s strong performance has become the primary driver of the Company’s overseas revenue growth and established a solid foundation for the Company’s future development.

    Mr. Weidong Luo, Chairman and Chief Executive Officer of Aurora Mobile, commented, “Breaking through RMB50 million in contract value for our overseas business in a single-quarter is a historic milestone for our company. This achievement reflects the growing global recognition of EngageLab, and its competitive advantage in multi-channel user engagement solutions. It attests to our market position as the preferred partner for businesses worldwide. EngageLab continues to fuel our growth by expanding our customer base and partnerships.”

    About Aurora Mobile Limited

    Founded in 2011, Aurora Mobile (NASDAQ: JG) is a leading provider of customer engagement and marketing technology services in China. Since its inception, Aurora Mobile has focused on providing stable and efficient messaging services to enterprises and has grown to be a leading mobile messaging service provider with its first-mover advantage. With the increasing demand for customer reach and marketing growth, Aurora Mobile has developed forward-looking solutions such as Cloud Messaging and Cloud Marketing to help enterprises achieve omnichannel customer reach and interaction, as well as artificial intelligence and big data-driven marketing technology solutions to help enterprises’ digital transformation.

    For more information, please visit https://ir.jiguang.cn/.

    Safe Harbor Statement

    This announcement contains forward-looking statements. These statements are made under 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,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the Business Outlook and quotations from management in this announcement, as well as Aurora Mobile’s strategic and operational plans, contain forward-looking statements. Aurora Mobile may also make written or oral forward-looking statements in its reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Aurora Mobile’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Aurora Mobile’s strategies; Aurora Mobile’s future business development, financial condition and results of operations; Aurora Mobile’s ability to attract and retain customers; its ability to develop and effectively market data solutions, and penetrate the existing market for developer services; its ability to transition to the new advertising-driven SAAS business model; its ability to maintain or enhance its brand; the competition with current or future competitors; its ability to continue to gain access to mobile data in the future; the laws and regulations relating to data privacy and protection; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of the press release, and Aurora Mobile undertakes no duty to update such information, except as required under applicable law.

    For more information, please contact:

    Aurora Mobile Limited
    E-mail: ir@jiguang.cn

    Christensen

    In China
    Ms. Xiaoyan Su
    Phone: +86-10-5900-1548
    E-mail: Xiaoyan.Su@christensencomms.com

    In US
    Ms. Linda Bergkamp
    Phone: +1-480-614-3004
    Email: linda.bergkamp@christensencomms.com

    The MIL Network

  • MIL-OSI: Computer Modelling Group Announces Year-End Results

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, May 22, 2025 (GLOBE NEWSWIRE) — Computer Modelling Group Ltd. (“CMG Group” or the “Company”) announces its financial results for the three months and year ended March 31, 2025, and the approval by its Board of Directors (the “Board”) of the payment of a cash dividend of $0.05 per Common Share for the fourth quarter ended March 31, 2025.

    FOURTH QUARTER 2025 CONSOLIDATED HIGHLIGHTS

    Select financial highlights

    • Total revenue increased by 4% (13% Organic decline(1) and 17% growth from acquisitions) to $33.7 million;
    • Recurring revenue(2) increased by 16% (7% Organic decline and 23% growth from acquisitions) to $24.2 million;
    • Adjusted EBITDA(1) increased by 2% to $10.5 million;
    • Adjusted EBITDA Margin(1) was 31%, compared to 32% in the comparative period;
    • Earnings per share was $0.06, a 33% decrease;
    • Free Cash Flow(1) decreased by 26% to $7.0 million; Free Cash flow per share decreased to $0.08 from $0.12.

    FISCAL 2025 CONSOLIDATED HIGHLIGHTS

    Select financial highlights

    • Total revenue increased by 19% (1% Organic decline and 20% growth from acquisitions) to $129.4 million;
    • Recurring revenue increased by 13% (1% Organic growth and 12% was growth from acquisitions) to $86.8 million;
    • Adjusted EBITDA increased by 2% to $44.0 million;
    • Adjusted EBITDA Margin was 34%, compared to 40% in the comparative period;
    • Earnings per share was $0.27, a 16% decrease;
    • Free Cash Flow decreased by 22% to $27.6 million; Free Cash flow per share decreased to $0.33 from $0.44.

    (1) Organic growth/decline, Adjusted EBITDA, Adjusted EBITDA Margin and Free Cash Flow are not standardized financial measures and might not be comparable to measures disclosed by other issuers. For more description see under “Non-IFRS Financial and Supplementary Financial Measures” heading.
    (2) Recurring revenue includes Annuity/maintenance licenses and Annuity license fee, and excludes Perpetual licenses and Professional Services.

    OVERVIEW

    Macroeconomic factors and political instability, combined with a low oil price environment, resulted in challenged organic growth this year, particularly in reservoir and production solutions, where lengthened deal cycles and cautious customer spending prevailed. Despite these challenges, we continued to execute on our strategic M&A roadmap, and revenue growth during the quarter and year-to-date, was supported by meaningful contributions from acquisitions. Adjusted EBITDA increases during the quarter and year-to-date were also supported by growth from acquisitions. Free Cash Flow decreased during the quarter and year-to-date due to pressures on top-line-growth, however, during the prior year period, Free Cash Flow also benefited from the tax deduction of approximately $4.6 million as a result of the acquisition of intellectual property. We generated $27.6 million of Free Cash Flow during fiscal 2025, maintaining our strong liquidity position and enabling us to invest in strategic acquisitions.

    As we look forward to fiscal 2026, excluding any impact from future acquisitions, we anticipate a reduction of between $6 – $7 million in professional services revenue compared to fiscal 2025 which may make it challenging to demonstrate total revenue growth. It is a goal of the company to shift the revenue mix towards a higher percentage of software revenue and the reduction in professional services is a natural part of the shift. Adjusted EBITDA and Adjusted EBITDA Margin may also show limited growth due to anticipated delays in cost-saving measures in taking effect, but this impact is expected to be limited to fiscal 2026.

    To ensure long-term resilience, we remain committed to evolving our business model through carefully targeted strategic acquisitions. Our acquisitions to date position us well by expanding our capabilities and helping to support long-term growth by complementing our core offering.

    SUMMARY OF FINANCIAL PERFORMANCE

         
      Three months ended March 31, Year ended March 31,
    ($ thousands, except per share data) 2025 2024 % change   2025 2024 % change  
    Annuity/maintenance licenses 19,436 19,661 (1 %) 77,525 71,530 8 %
    Annuity license fee 4,728 1,142 314 % 9,280 5,146 80 %
    Recurring revenue(1) (2) 24,164 20,803 16 % 86,805 76,676 13 %
    Perpetual licenses 554 2,130 (74 %) 5,617 5,739 (2 %)
    Total software license revenue 24,718 22,933 8 % 92,422 82,415 12 %
    Professional services 8,965 9,358 (4 %) 37,024 26,264 41 %
    Total revenue 33,683 32,291 4 % 129,446 108,679 19 %
    Cost of revenue 6,749 6,470 4 % 24,940 17,224 45 %
    Operating expenses                
    Sales & marketing 5,094 4,361 17 % 18,617 14,957 24 %
    Research and development 8,129 7,607 7 % 30,142 23,679 27 %
    General & administrative 4,876 5,576 (13 %) 21,599 18,835 15 %
    Operating expenses 18,099 17,544 3 % 70,358 57,471 22 %
    Operating profit 8,835 8,277 7 % 34,148 33,984 %
    Net income 5,104 7,229 (29 %) 22,437 26,259 (15 %)
    Adjusted EBITDA (1) 10,500 10,295 2 % 44,009 43,345 2 %
    Adjusted EBITDA Margin (1) 31% 32%     34% 40%    
                     
    Earnings per share – basic & diluted 0.06 0.09 (33 %) 0.27 0.32 (16 %)
    Funds flow from operations per share – basic 0.10 0.13 (23 %) 0.38 0.47 (19 %)
    Free Cash Flow per share – basic (1) 0.08 0.12 (33 %) 0.33 0.44 (25 %)

    (1) Non-IFRS financial measures are defined in the “Non-IFRS Financial Measures” section. 
    (2) Included in the number is a reduction of $0.5 million and $0.8 million for the three months and year ended March 31, 2025, respectively ($0.1 million and $0.2 million for the three months and year ended March 31, 2024, respectively), attributed to the amortization of a deferred revenue fair value reduction recognized on acquisition.

    Q4 2025 Dividend

    Computer Modelling Group’s Board approved a cash dividend of $0.05 per Common Share. The dividend will be paid on June 13, 2025, to shareholders of record at the close of business on June 5, 2025.

    All dividends paid by Computer Modelling Group Ltd. to holders of Common Shares in the capital of the Company will be treated as eligible dividends within the meaning of such term in section 89(1) of the Income Tax Act (Canada), unless otherwise indicated.

    NON-IFRS FINANCIAL MEASURES AND RECONCILIATION OF NON-IFRS MEASURES

    Free Cash Flow Reconciliation to Funds Flow from Operations

    Free cash flow is a non-IFRS financial measure that is calculated as funds flow from operations less capital expenditures and repayment of lease liabilities. Free Cash Flow per share is calculated by dividing free cash flow by the number of weighted average outstanding shares during the period. Management believes that this measure provides useful supplemental information about operating performance and liquidity, as it represents cash generated during the period, regardless of the timing of collection of receivables and payment of payables, which may reduce comparability between periods. Management uses free cash flow and free cash flow per share to help measure the capacity of the Company to pay dividends and invest in business growth opportunities.

      Fiscal 2024 Fiscal 2025
    ($ thousands, unless otherwise stated) Q1   Q2   Q3   Q4   Q1   Q2   Q3   Q4  
    Funds flow from operations 7,920   11,491   8,477   10,367   6,515   7,101   9,937   8,227  
    Capital expenditures (45 ) (51 ) (459 ) (95 ) (93 ) (236 ) (432 ) (661 )
    Repayment of lease liabilities (412 ) (412 ) (728 ) (803 ) (743 ) (769 ) (689 ) (549 )
    Free Cash Flow 7,463   11,028   7,290   9,469   5,679   6,096   8,816   7,017  
    Weighted average shares – basic (thousands) 80,685   80,834   81,067   81,314   81,476   81,887   82,753   83,064  
    Free Cash Flow per share – basic 0.09   0.14   0.09   0.12   0.07   0.07   0.11   0.08  
    Funds flow from operations per share- basic 0.10   0.14   0.10   0.13   0.08   0.09   0.12   0.10  

    Free Cash Flow decreased by 26% and 22%, respectively, for the three months and year ended March 31, 2025 from the same periods of the previous fiscal year. These decreases are primarily due to lower funds flow from operations, higher capital expenditures, and increased repayment of lease liabilities as a result of office leases in acquired entities. During year ended March 31, 2024, Free Cash Flow benefited from the tax deduction of approximately $4.6 million as a result of the acquisition of the BHV intellectual property.

    Adjusted EBITDA and Adjusted EBITDA Margin

      Three months ended
    March 31,
    Year ended
    March 31,
    ($ thousands) 2025   2024   2025   2024  

    Net income (loss)

    5,104

     

    7,229

     

    22,437

     

    26,259

     
    Add (deduct):                
    Depreciation and amortization 2,368   2,151   8,465   5,688  
    Acquisition costs 216   186   2,567   1,456  
    Stock-based compensation (435 ) 922   2,625   6,292  
    Loss on contingent consideration 88     2,151    
    Deferred revenue amortization on acquisition fair value reduction 535   76   845   188  
    Income and other tax expense 2,154   1,935   10,448   8,963  
    Interest income (313 ) (658 ) (2,605 ) (3,096 )
    Interest expense 189     189    
    Foreign exchange loss (gain) 1,143   (743 ) (363 ) (50 )
    Repayment of lease liabilities (549 ) (803 ) (2,750 ) (2,355 )
    Adjusted EBITDA (1) 10,500   10,295   44,009   43,345  
    Adjusted EBITDA Margin (1) 31 % 32 % 34 % 40 %

    (1) This is a non-IFRS financial measure. Refer to definition of the measures above.

    Adjusted EBITDA increased by 2% during the three months ended March 31, 2025, compared to the same period of the previous year, of which 20% was growth from acquisitions, partially offset by an Organic decline of 18%, primarily attributable to lower revenue in the quarter partially offset by lower expenses.

    Adjusted EBITDA increased by 2% for the year ended March 31, 2025, compared to the same period of the previous year, of which 3% of the increase was due to growth from acquisitions, partially offset by a 1% Organic decline due to higher expenses.

    Organic Growth

    Organic growth is not a standardized financial measure and might not be comparable to measures disclosed by other issuers. The Company measures Organic growth on a quarterly and year-to-date basis at the revenue and Adjusted EBITDA levels and includes revenue and Adjusted EBITDA under CMG Group’s ownership for a year or longer, beginning from the first full quarter of CMG Group’s ownership in the current and comparative period(s). For example, BHV was acquired on September 25, 2023 (Q2 2024). September 25, 2024, marked one full year of ownership under CMG Group and on October 1, 2024 (Q3 2025), which is the first full quarter under CMG Group’s ownership in the current and comparative period, started being tracked under Organic growth. Any revenue and Adjusted EBITDA generated by BHV prior to October 1, 2024, would not be included in Organic growth. Sharp was acquired on November 12, 2025 (Q3 2025) and will start contributing to Organic growth on January 1, 2026 (Q4 2026).

    For further clarity, current statements include Organic growth from the following:

    • CMG revenue and Adjusted EBITDA; and
    • BHV revenue and Adjusted EBITDA generated beginning on October 1, 2024.

    Recurring Revenue
    Recurring revenue represents the revenue recognized during the period from contracts that are recurring in nature and includes revenue recognized as “Annuity/maintenance licenses” and “Annuity license fee”. We believe that Recurring revenue is an indicator of business expansion and provides management with visibility into our ability to generate predictable cash flows.

    The table below reconciles Recurring revenue to total revenue for the periods indicated.

      Three months ended March 31, Year ended March 31,
      2025 2024 % change   2025 2024 % change  
    ($ thousands)                
    Annuity/maintenance licenses 19,436 19,661 (1% ) 77,525 71,530 8 %
    Annuity license fee 4,728 1,142 314 % 9,280 5,146 80 %
    Recurring revenue(1) (2) 24,164 20,803 16 % 86,805 76,676 13 %
    Perpetual licenses 554 2,130 (74 %) 5,617 5,739 (2 %)
    Total software license revenue 24,718 22,933 8 % 92,422 82,415 12 %
    Professional services 8,965 9,358 (4 %) 37,024 26,264 41 %
    Total revenue 33,683 32,291 4 % 129,446 108,679 19 %

    (1) This is a non-IFRS financial measure.
    (2) Included in the number is a reduction of $0.5 million and $0.8 million for the three months and year ended March 31, 2025, respectively ($0.1 million and $0.2 million for the three months and year ended March 31, 2024, respectively), attributed to the amortization of a deferred revenue fair value reduction recognized on acquisition.

    Consolidated Statements of Financial Position

      March 31, 2025   March 31, 2024   April 1, 2023  
    (thousands of Canadian $)            

    Assets

               
    Current assets:            
    Cash 43,884   63,083   66,850  
    Restricted cash         362   142    
    Trade and other receivables 41,457   36,550   23,910  
    Prepaid expenses 2,572   2,321   1,060  
    Prepaid income taxes 1,641   3,841   444  
      89,916   105,937   92,264  
    Intangible assets 59,955   23,683   1,321  
    Right-of-use assets 28,443   29,072   30,733  
    Property and equipment 10,157   9,877   10,366  
    Goodwill 15,814   4,399    
    Deferred tax asset 471     2,444  
    Total assets 204,756   172,968   137,128  

    Liabilities and shareholders’ equity

               
    Current liabilities:            
    Trade payables and accrued liabilities 18,452   18,551   11,126  
    Income taxes payable 2,667   2,136   33  
    Acquisition holdback payable 188   2,292    
    Acquisition earnout 3,864      
    Deferred revenue 40,276   41,120   34,797  
    Lease liabilities 2,278   2,566   1,829  
    Government loan 310      
      68,035   66,665   47,785  
    Lease liabilities 34,668   34,395   36,151  
    Stock-based compensation liabilities 256   624   742  
    Government loan 1,319      
    Acquisition earnout   1,503    
    Acquisition holdback payable 1,257      
    Other long-term liabilities 212   305    
    Deferred tax liabilities 13,102   1,661    
    Total liabilities 118,849   105,153   84,678  

    Shareholders’ equity:

               
    Share capital 94,849   87,304   81,820  
    Contributed surplus 15,460   15,667   15,471  
    Cumulative translation adjustment 4,326   (367 )  
    Deficit (28,728 ) (34,789 ) (44,841 )
    Total shareholders’ equity 85,907   67,815   52,450  
    Total liabilities and shareholders’ equity 204,756   172,968   137,128  

    Consolidated Statements of Operations and Comprehensive Income

    Years ended March 31,
    (thousands of Canadian $ except per share amounts)

    2025  

    2024

     
    Revenue
    129,446
      108,679  
    Cost of revenue 24,940   17,224  
    Gross profit 104,506   91,455  

    Operating expenses

           
    Sales and marketing 18,617   14,957  
    Research and development 30,142   23,679  
    General and administrative 21,599   18,835  
      70,358   57,471  
    Operating profit 34,148   33,984  

    Finance income

    2,968

     

    3,146

     
    Finance costs (2,080 ) (1,908 )
    Change in fair value of contingent consideration (2,151 )  
    Profit before income and other taxes 32,885   35,222  
    Income and other taxes 10,448   8,963  

    Net income

    22,437

     

    26,259

     

    Other comprehensive income:
           
    Foreign currency translation adjustment 4,693   (367 )
    Other comprehensive income 4,693   (367 )
    Total comprehensive income 27,130   25,892  
    Net income per share – basic
    0.2
    7
      0.32  
    Net income per share – diluted 0.27   0.32  
    Dividend per share 0.20   0.20  

    Consolidated Statements of Cash Flows

    Years ended March 31,
    (thousands of Canadian $)

    2025

     

    2024

     

    Operating activities

           
    Net income 22,437   26,259  
    Adjustments for:        
    Depreciation and amortization of property, equipment, right-of use assets 4,756   4,187  
    Amortization of intangible assets 3,709   1,501  
    Deferred income tax expense (recovery) (776 ) 3,518  
    Stock-based compensation (1,297 ) 2,795  
    Foreign exchange and other non-cash items 800   (5 )
    Change in fair value of contingent consideration 2,151    
    Funds flow from operations 31,780   38,255  
    Movement in non-cash working capital:        
    Trade and other receivables (527 ) (6,697 )
    Trade payables and accrued liabilities (818 ) 2,618  
    Prepaid expenses and other assets (169 ) (1,183 )
    Income taxes receivable (payable) 2,421   (1,826 )
    Deferred revenue (2,770 ) 4,910  
    Change in non-cash working capital (1,863 ) (2,178 )
    Net cash provided by operating activities 29,917   36,077  

    Financing activities

           
    Repayment of acquired line of credit   (2,012 )
    Repayment of government loan (141 )  
    Proceeds from issuance of common shares 5,597   4,193  
    Repayment of lease liabilities (2,750 ) (2,355 )
    Dividends paid (16,376 ) (16,207 )
    Net cash used in financing activities (13,670 ) (16,381 )

    Investing activities

           
    Corporate acquisition, net of cash acquired (27,292 ) (22,814 )
    Repayment of acquisition holdback payable (9,247 )  
    Property and equipment additions, net of disposals (1,422 ) (650 )
    Net cash used in investing activities (37,961 ) (23,464 )

    Decrease in cash

    (21,714
    ) (3,768 )
    Effect of foreign exchange on cash 2,515   1  
    Cash, beginning of year 63,083   66,850  
    Cash, end of year 43,884   63,083  

    Supplementary cash flow information

           
    Interest received 2,605   3,096  
    Interest paid 1,891   1,908  
    Income taxes paid 11,370   7,201  

    CORPORATE PROFILE 

    CMG Group (TSX:CMG) is a global software and consulting company that combines science and technology with deep industry expertise to solve complex subsurface and surface challenges for the new energy industry around the world. The Company is headquartered in Calgary, AB, with offices in Houston, Oslo, Stavanger, Kaiserslautern, Oxford, Dubai, Bogota, Rio de Janeiro, Bengaluru, and Kuala Lumpur. For more information, please visit www.cmgl.ca.

    ANNUAL FILINGS AND RELATED ANNUAL FINANCIAL INFORMATION

    Management’s Discussion and Analysis (“MD&A”) and consolidated financial statements and the notes thereto for the year ended March 31, 2025, can be obtained from our website www.cmgl.ca. The documents will also be available under CMG Group’s SEDAR profile www.sedarplus.ca.

    Cautionary Note Regarding Forward-Looking Statements

    This press release contains “forward-looking statements”. Forward-looking statements can be identified by words such as: “anticipate”, “intend”, “plan”, “goal”, “seek”, “believe”, “project”, “estimate”, “expect”, “strategy”, “future”, “likely”, “may”, “should”, “will”, and similar references to future periods. Examples of forward-looking statements include, among others, statements we make regarding the benefits of the acquired technology, the ongoing development thereof; and the ability of data analytics to improve efficiency, cut costs and reduce risks.

    Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations, and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements are detailed in the companies’ public filings.

    Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable securities laws, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

    The MIL Network

  • MIL-OSI: Philippine Stock Exchange Adopts Nasdaq Eqlipse Trading to Enhance Market Infrastructure

    Source: GlobeNewswire (MIL-OSI)

    Upgrade to Nasdaq Eqlipse Trading will enhance liquidity and resilience of Philippine marketplace

    Expands Nasdaq’s deep technology footprint across the country’s financial services industry

    MANILA and NEW YORK, May 22, 2025 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) and The Philippine Stock Exchange, Inc. (PSE) today announced a significant expansion of their technology partnership, which will see PSE upgrade its trading infrastructure to Nasdaq’s most advanced platform, Nasdaq Eqlipse Trading.

    Nasdaq Eqlipse represents Nasdaq’s investments to modernize, standardize, and strengthen its platform capabilities, application architecture, APIs, and product integration. The modular trading platform allows market operators to incorporate complementary functionality, including pre-trade risk, advanced options pricing, and index calculations, with a flexible deployment model to help reduce operational heavy lifting and provide optionality around cloud adoption.

    “With technology as a key area in our strategic agenda, it is important for PSE to work with a trusted service provider of market technologies. Given this, PSE opted to renew its partnership with Nasdaq to ensure continuity in offering a dependable trading system that meets all our current and future requirements,” said PSE President and CEO Ramon S. Monzon.

    The recently launched Nasdaq Eqlipse platform is the fourth generation of its suite of multi-asset marketplace technology platforms, marking a major milestone in the company’s five-year cycle of investment to develop and gradually roll out a fully interoperable suite of proven solutions across trading, clearing, central securities depository, and data intelligence. The harmonized portfolio enhances Nasdaq’s ability to form deeper strategic technology partnerships with its clients, including more than 135 infrastructure providers around the world.

    “The launch of Nasdaq Eqlipse following years of investment and development to reinforce our ability to enhance liquidity, transparency and integrity across global capital markets,” said Magnus Haglind, Head of Marketplace Technology at Nasdaq. “Our technology partnership with PSE will help strengthen its market infrastructure, and we’re excited to support their efforts to elevate Philippine capital markets on the global stage.”

    Modernizing the Philippine financial services ecosystem

    Nasdaq holds deep technology partnerships across the Philippines, helping to drive modernization throughout the country’s financial services industry. In addition to providing market infrastructure, Nasdaq’s AxiomSL data and regulatory reporting platform helps both domestic and global institutions comply with their regulatory obligations, while its Nasdaq Calypso platform helps clients simplify their capital market operations.

    R.G. Manalac, Senior Vice President, Asia Pacific at Nasdaq added: “Our growing presence in the Philippines complements the country’s extraordinary development as one of the fastest growing economies in the ASEAN region. With growth of course comes challenges and we are excited to be working with leading domestic and global banks in the Philippines as they continue to innovate and scale in this digital and increasingly AI driven age. Our solutions spanning across capital markets, regulation, and risk management continue to prove critical as these firms look to expand their businesses in a scalable and efficient manner.”

    Around the world, Nasdaq’s technology is used by 97% of global systematically important banks, half of the world’s top 25 stock exchanges, 35 central banks and regulatory authorities, and 3,800+ clients across the financial services industry. As a scaled platform partner, Nasdaq draws on deep industry experience, technology expertise, and cloud managed service experience to help financial services companies solve their toughest operational challenges while advancing industrywide modernization.

    About Nasdaq

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

    About PSE:

    The Philippine Stock Exchange, Inc. (PSE) and its subsidiaries operate the equities exchange, fixed income exchange, and the central securities depository. It provides a platform for capital-raising and investing, steering company expansion and economic development and supporting inclusive growth through wealth creation among investors. 

    Media Contacts: 

    Andrew Hughes; +44 (0)7443 100896; Andrew.Hughes@nasdaq.com  
    Camille Stafford; +1 (234) 934 9513; Camille.Stafford@nasdaq.com
    Martha Vinzons; +63 (2) 8876 4888; mhvinzons@pse.com.ph 

    -NDAQG-

    Cautionary Note Regarding Forward-Looking Statements:  

    Information set forth in this press release contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Forward-looking statements can be identified by words such as “will” and “allows” and other words and terms of similar meaning. Such forward-looking statements include, but are not limited to, statements related to the benefits of Nasdaq’s Eclipse platform and its partnership with PSE. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq’s control. These risks and uncertainties are detailed in Nasdaq’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on Nasdaq’s investor relations website at http://ir.nasdaq.com and the SEC’s website at www.sec.gov. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.  

    A photos accompanying this announcement is available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/1312a862-2b03-4304-94c9-9884026a34fc

    The MIL Network