NewzIntel.com

Category: GlobeNewswire

  • MIL-OSI: Top KingWin Ltd Regains Compliance with Nasdaq Minimum Closing Bid Price Rule

    Source: GlobeNewswire (MIL-OSI)

    Guangzhou, China, May 20, 2025 (GLOBE NEWSWIRE) — Top KingWin Ltd (“Top KingWin” or the “Company”) (Nasdaq: WAI) announced today that it received a formal notification from the Nasdaq Stock Market LLC (“Nasdaq”) on May 19, 2025, that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires the Company’s class A ordinary shares, par value of US$0.0025 each (the “Ordinary Shares”) to maintain a minimum bid price of $1.00 per share.

    The Nasdaq staff made this determination of compliance after the closing bid price of the Company’s Ordinary Shares has been at $1.00 per share or greater for the last 10 consecutive business days from May 5 to May 16, 2025. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) and this bid price deficiency matter is now closed.

    About Top KingWin Ltd

    Top KingWin’s main clients are entrepreneurs and executives in small and medium-sized enterprises in China. Services provided by Top KingWin to its clients including (i) corporate business training services, which mainly focus on providing training services of advanced knowledge and new perspectives on the capital markets, (ii) corporate consulting services, which mainly focus on providing a combination of customized corporate consulting services to fulfill client’s unique financial needs, (iii) advisory and transaction services, which mainly focus on connecting entrepreneurs and businesses with diversified sources of capital, and (iv) sales of devices to support artificial intelligence data collection and analysis. Its mission is to provide comprehensive services to address clients’ needs throughout all phases of their development and growth.

    Forward-Looking Statements

    This press release contains forward-looking statements. All statements other than statements of historical fact in this press release are forward-looking statements, including but not limited to, the use of proceeds from the Company’s offering, the intent, belief or current expectations of Top KingWin and members of its management, as well as the assumptions on which such statements are based. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update 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 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 and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the SEC.

    For more information, please contact:

    Bonnie

    Email: IR@tcjhgw.cn

    The MIL Network –

  • MIL-OSI: Tactile Medical to Present at Upcoming Investor Conferences in June

    Source: GlobeNewswire (MIL-OSI)

    MINNEAPOLIS, May 20, 2025 (GLOBE NEWSWIRE) — Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chronic disorders, today announced that management will be participating in two upcoming investor conferences. Tactile Medical is scheduled to present at the William Blair 45th Annual Growth Stock Conference in Chicago on Tuesday, June 3, 2025, at 3:20 p.m. CST and at the Jefferies Global Healthcare Conference in New York on Wednesday, June 4, 2025, at 2:35 p.m. EST.

    Event: William Blair 45th Annual Growth Stock Conference
    Date: Tuesday, June 3, 2025
    Time: 3:20 p.m. CST

    Event: Jefferies Global Healthcare Conference
    Date: Wednesday, June 4, 2025
    Time: 2:35 p.m. EST

    A live audio webcast of the presentations will be accessible under the “Events & Webcasts” section of the Company’s investor relations website at http://investors.tactilemedical.com. An archive of the webcasts will be available for replay following the conference.

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

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

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

    The MIL Network –

  • MIL-OSI: Cipher Mining Announces Proposed Convertible Senior Notes Offering and Proposed Hedging Transaction to Place Borrowed Common Stock

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) — Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”) today announced its intention to offer, subject to market and other conditions, $150,000,000 aggregate principal amount of convertible senior notes due 2030 (the “notes”) in a public offering registered under the Securities Act of 1933, as amended. Cipher also expects to grant the underwriters of the notes offering an option to purchase up to an additional $22,500,000 aggregate principal amount of notes solely to cover over-allotments. Morgan Stanley is acting as the sole bookrunning manager for the offering.

    The notes will be senior, unsecured obligations of Cipher, will accrue interest payable semiannually in arrears and will mature on May 15, 2030, unless earlier repurchased, redeemed or converted. Noteholders will have the right to convert their notes in certain circumstances and during specified periods. Cipher will settle conversions by paying or delivering, as applicable, cash, shares of its common stock, par value $0.001 per share (“common stock”), or a combination of cash and shares of its common stock, at Cipher’s election.

    The notes will be redeemable, in whole or in part (subject to certain limitations), for cash at Cipher’s option at any time, and from time to time, on or after May 22, 2028 and on or before the 30th scheduled trading day immediately before the maturity date, but only if the last reported sale price per share of Cipher’s common stock exceeds 130% of the conversion price for a specified period of time. The redemption price will be equal to the principal amount of the notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date.

    If certain corporate events that constitute a “fundamental change” occur, then, subject to a limited exception, noteholders may require Cipher to repurchase their notes for cash. The repurchase price will be equal to the principal amount of the notes to be repurchased, plus accrued and unpaid interest, if any, to, but excluding, the applicable repurchase date. In addition, unless Cipher has previously called all outstanding notes for redemption, noteholders may at their option require Cipher to repurchase their notes for cash on May 15, 2028 at a repurchase price equal to the principal amount of the notes to be repurchased, plus accrued and unpaid interest, if any, to, but excluding, the repurchase date.

    The interest rate, initial conversion rate and other terms of the notes will be determined at the pricing of the offering.

    Cipher intends to use the net proceeds from the offering to complete Phase 1 of the Black Pearl data center project (“Phase 1”), including: (i) purchasing at a discount the remaining balance of mining rigs required for Phase 1; (ii) paying expected tariffs and shipping costs for the mining rigs to be used for Phase 1; and (iii) paying other infrastructure-related capital expenditures in connection with Phase 1, and for general corporate purposes. On May 16, 2025, the Company, through its wholly-owned subsidiaries Cipher Mining Infrastructure LLC, a Delaware limited liability company, and Cipher Black Pearl LLC, a Delaware limited liability company, entered into an Amendment Agreement and Deed of Novation to the Future Sales and Purchase Agreement (the “2025 Amendment”) with Bitmain Technologies Delaware Limited, which amends the Company’s existing Future Sales and Purchase Agreement, dated December 16, 2023, as amended by the Supplemental Agreement, dated June 5, 2024, the Amendment Agreement, dated July 10, 2024 and the Notice of Exercise dated February 5, 2025 (together, the “Original Agreement”). The Original Agreement has been amended to include an updated delivery schedule that allows for rig delivery by June 23, 2025. Through such amendment, the Company aims to accelerate its rig deployment timeline and offset a portion of the expected tariffs. The Company also received a 10% reduction in cost in exchange for the Company’s early payment of the remaining balance outstanding under the Original Agreement. The amendment also provides the Company with additional incremental value from BTC-linked call options.

    Concurrently with the offering of the notes, Cipher also announced that Morgan Stanley, acting on behalf of itself and/or its affiliates, intends to offer, in a separate, underwritten offering, a number of shares of Cipher’s common stock borrowed from third parties (the “concurrent delta offering”), to facilitate hedging transactions (whether physical and/or through derivatives) by some of the purchasers of the notes. The number of shares of Cipher’s common stock subject to the concurrent delta offering will be determined at the time of pricing of the concurrent delta offering, and is expected to be no greater than commercially reasonable initial short positions of such hedging investors in the notes. The completion of the offering of the notes is contingent on the completion of the concurrent delta offering, and the completion of the concurrent delta offering is contingent on the completion of the offering of the notes.

    The offering of the notes and the concurrent delta offering are being made pursuant to an effective shelf registration statement on file with the Securities and Exchange Commission (the “SEC”). Each of the offering of the notes and the concurrent delta offering will be made only by means of a prospectus supplement and an accompanying prospectus. Before you invest, you should read the respective prospectus supplements and the accompanying prospectus and other documents that the Company has filed with the SEC for more complete information about the Company and the offering. Electronic copies of the respective preliminary prospectus supplements, together with the accompanying prospectus, will be available on the SEC’s website at www.sec.gov. Alternatively, copies of the respective preliminary prospectus supplements, together with the accompanying prospectus, can be obtained, when available, by contacting: Morgan Stanley, 180 Varick Street, 2nd Floor, New York, New York 10014, Attention: Prospectus Department.

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

    J. Wood Capital Advisors LLC acted as financial advisor to the Company.

    About Cipher

    Cipher is focused on the development and operation of industrial-scale data centers for bitcoin mining and HPC hosting. Cipher aims to be a market leader in innovation, including in bitcoin mining growth, data center construction and as a hosting partner to the world’s largest HPC companies. To learn more about Cipher, please visit https://www.ciphermining.com/.

    Forward Looking Statements

    This press release contains certain forward-looking statements within the meaning of the federal securities laws of the United States. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Any statements made in this press release that are not statements of historical fact, such as, statements about the terms and completion of the notes offering and the concurrent delta offering, the use of proceeds from the notes offering, the effect of the hedging activities related to the notes offering on the market price of our shares of common stock, our beliefs and expectations regarding our future results of operations and financial position, planned business model and strategy, our bitcoin mining and HPC data center development, timing and likelihood of success, capacity, functionality and timing of operation of data centers, expectations regarding the operations of data centers, potential strategic initiatives, such as joint ventures and partnerships, and management plans and objectives, are forward-looking statements and should be evaluated as such. These forward-looking statements generally are identified by the words “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “seeks,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “strategy,” “future,” “forecasts,” “opportunity,” “predicts,” “potential,” “would,” “will likely result,” “continue,” and similar expressions (including the negative versions of such words or expressions).

    These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Cipher and our management, are inherently uncertain. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: volatility in the price of Cipher’s securities due to a variety of factors, including changes in the competitive and regulated industry in which Cipher operates, Cipher’s evolving business model and strategy and efforts we may make to modify aspects of our business model or engage in various strategic initiatives, variations in performance across competitors, changes in laws and regulations affecting Cipher’s business, and the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of our Annual Report on Form 10-K for the fiscal year ended December 31, 2024 filed with the Securities and Exchange Commission (“SEC”) on February 25, 2025, and in Cipher’s subsequent filings with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Cipher assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

    Contacts:
    Investor Contact:
    Courtney Knight
    Head of Investor Relations at Cipher Mining
    courtney.knight@ciphermining.com

    Media Contact:
    Ryan Dicovitsky / Kendal Till
    Dukas Linden Public Relations
    CipherMining@DLPR.com

    The MIL Network –

  • MIL-OSI: POET Technologies Announces Upsize and Amendments to Previously Announced Offering

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 20, 2025 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Corporation“) (TSXV: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, is pleased to announce that, further to its news release dated April 28, 2025, in response to significant interest from a strategic investor and to allow for a more timely execution, it proposes to amend the terms of its previously announced non-brokered public offering to, among other things, increase the offering size to US$30,000,000 and make certain ancillary revisions to the offering structure, which will now be conducted as a non-brokered private placement (as amended, the “Offering”). The Offering Price (as defined herein) remains unchanged and represents a premium to the prevailing market price of the Common Shares on the TSX Venture Exchange (the “Exchange”).

    In the revised Offering, the Corporation expects to issue 6,000,000 common shares of the Corporation (the “Common Shares”) and one common share purchase warrant (the “Warrant”) exercisable to acquire up to 6,000,000 Common Shares (the “Warrant Shares”) at a price of C$8.32 per Warrant Share for a period of five years from the date of issue. The combined price of one Common Share and the Warrant (in respect of one Common Share) will be equal to US$5.00 (the “Offering Price”).

    The Corporation intends to use the net proceeds of the Offering for working capital and general corporate purposes. No commission or finder’s fee will be paid by the Corporation, and no underwriter or sales agent will be engaged by the Corporation in connection with the Offering. The Corporation expects to complete the Offering on or about May 22, 2025.

    All Common Shares and Warrants issued under the Offering are expected to be distributed outside of Canada in reliance on OSC Rule 72-503 – Distributions Outside of Canada and, accordingly, all Common Shares, Warrants and Warrant Shares issued under the Offering will not be subject to a Canadian statutory hold period in accordance with applicable Canadian securities laws. The Offering remains subject to the final acceptance of the Exchange.

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

    About POET Technologies Inc.
    POET is a design and development company offering high-speed optical engines, light source products and custom optical modules to the artificial intelligence systems market and to hyperscale data centers.  POET’s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET’s Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems.  POET’s Optical Interposer platform also solves device integration challenges across a broad range of communication, computing and sensing applications.  POET is headquartered in Toronto, Canada, with operations in Singapore, Penang, Malaysia and Shenzhen, China. More information about POET is available on our website at www.poet-technologies.com

    Cautionary Note Regarding Forward-Looking Information

    This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”, “outlook”, “foresee” or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include, without limitation, the Corporation’s ability to complete the Offering on the terms announced and within the expected timeline, the Corporation’s expectations with respect to its products, the scalability of the POET Optical Interposer and the success of the Corporation’s products, the Corporation’s use of proceeds for the Offering and the Corporation’s ability to obtain the final approval of the Exchange. Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management’s expectations regarding the size of the market for its products, the capability of its joint venture to produce products on time and at the expected costs, the performance and availability of certain components, and the success of its customers in achieving market penetration for their products. Actual results could differ materially due to a number of factors, including, without limitation, the attractiveness of the Corporation’s product offerings, performance of its technology, the performance of key components, and ability of its customers to sell their products into the market. For further information concerning these and other risks and uncertainties, refer to the Corporation’s filings on SEDAR+ at www.sedarplus.ca and on the website of the U.S. Securities and Exchange Commission at www.sec.gov. Although the Corporation believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Corporation’s securities should not place undue reliance on forward-looking statements because the Corporation can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Corporation assumes no obligation to update or revise this forward-looking information and statements except as required by applicable securities laws.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. 120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 – Fax: 416-322-5075

    The MIL Network –

  • MIL-OSI: XRP News: $XDX Presale Heats Up as XenDex Readies First Audit and Platform Design Reveal

    Source: GlobeNewswire (MIL-OSI)

    SYDNEY, May 20, 2025 (GLOBE NEWSWIRE) — With XRP rapidly regaining its dominance across the global crypto market, XenDex is solidifying its position as the most promising decentralized exchange being built on the XRP Ledger. And with the $XDX presale entering its final stretch, urgency is building fast.

    The soft cap is already filled, and with the hard cap now almost fully reached, only a limited number of $XDX tokens remain before the presale closes. As investor excitement surges, XenDex has officially announced two major milestones this week:

    Buy $XDX Before Exchange Listing

    1. A full mockup design of the XenDex platform will be unveiled showcasing its clean, intuitive user interface and how all major features will operate.
    2. XenDex will undergo its first third-party security audit, reinforcing its commitment to safety, smart contract integrity, and long-term trust.

    What Is XenDex?

    XenDex is building the first all-in-one decentralized finance platform for XRPL, combining the most in-demand tools into a single seamless platform:

    • AI-Powered Copy Trading
    • Non-Custodial Lending & Borrowing
    • Cross-Chain Trading (with BNB, Ethereum, and Solana)

    Purchase $XDX At A low Price

    Only $XDX presale buyers will receive early access to Version 1 of the platform.

    Why Is XRP Surging?

    XRP’s bullish momentum follows several landmark events:

    • SEC lawsuit officially withdrawn
    • Judge Torres’ rulings in Ripple’s favor
    • Approval of ProShares’ XRP Futures ETF
    • Brazil’s first XRP Spot ETF launch

    With rising institutional interest, analysts are now forecasting long-term XRP price targets as high as $1,000 and XenDex is launching at the perfect moment to ride that wave.

    $XDX Presale Details

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

    Buy XDX on XenDex

    Major Listings Confirmed

    Post-presale, $XDX will be listed on:

    • Binance
    • Gate.io
    • MEXC
    • BitMart
    • FirstLedger
    • MagneticX

    Join the XenDex Community

    Buy $XDX – xendex.net/presale
    Telegram – t.me/xendexcommunity
    X (Twitter) – x.com/xendex_xrp
    XenDex 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/520da55d-69bd-4670-ba05-f4ba3e6c93d8

    The MIL Network –

  • MIL-OSI: eSHARE Announces Strategic Partnership with SMX to Advance Trusted Collaboration in Government and Regulated Sectors

    Source: GlobeNewswire (MIL-OSI)

    WALTHAM, Mass., May 20, 2025 (GLOBE NEWSWIRE) — eSHARE, a provider of trusted collaborative solutions built for enterprise and public sector use, today announced that they have strategically partnered with SMX, a leader in cloud, cybersecurity, and advanced technology solutions for public and private sector organizations. This partnership will enable eSHARE to leverage the SMX Elevate℠ Intelligent Automation Platform to accelerate its journey toward FedRAMP Moderate authorization and expand its footprint across federal agencies and highly regulated industries.  

    eSHARE’s secure email and content collaboration solutions are designed to help organizations share sensitive data without losing control. By integrating with Microsoft 365 and Azure, eSHARE empowers enterprises to enable external collaboration without compromising compliance, privacy, or user experience. Through this partnership, SMX will provide compliance automation, engineering support, and governance advisory services to help eSHARE meet the stringent security requirements of the U.S. federal government.  

    “Our partnership with SMX represents a significant milestone in our mission to deliver Trusted Collaboration solutions that meet the highest standards of trust and compliance that our Govt as well as DIBs customers need,” said Nick Stamos, CEO of eSHARE. “SMX’s proven expertise in FedRAMP and cloud automation is instrumental to our success as we enter the next phase of growth in regulated markets.”  

    SMX Elevate is a modular and extensible platform purpose-built to streamline compliance automation, continuous monitoring, and authorization processes across multiple frameworks. The platform has helped leading technology providers such as Dynatrace, Sophos, Deep Security, Beyond Identity, and others navigate FedRAMP and other compliance programs successfully.  

    “Our partnership with eSHARE highlights SMX’s commitment to enabling secure, scalable innovation across government and regulated sectors,” said Rob Groat, Executive Vice President of Strategy and Technology at SMX. “By leveraging the SMX Elevate℠ platform, we’re helping eSHARE accelerate FedRAMP compliance while enhancing their ability to deliver trusted collaboration solutions that meet the complex security demands of federal agencies and critical infrastructure customers.”

    eSHARE and SMX initiated their Authority to Operate (ATO) process in April 2025 and expect to be listed in the FedRAMP Marketplace by December 2025.

    About eSHARE

    eSHARE is transforming the digital workplace, enabling organizations to take control of secure, compliant collaboration within M365. Trusted by Global 2000 giants, including top names in aerospace and insurance, eSHARE delivers unparalleled data protection with intelligent guardrails and seamless user experiences. Accelerate M365 adoption, enhance secure collaboration with Copilot, and unlock your organization’s full potential. Join the thousands of users across nearly every country in the world who rely on eSHARE as the driving force behind Trusted Collaboration.

    For more information about eSHARE and its Trusted Collaboration solutions, please visit www.eshare.com.

    About SMX

    SMX is an industry leader providing digital solutions for mission-oriented clients, operating in close proximity to a vast set of clients across the United States and around the globe. SMX delivers scalable and secure solutions combined with the mission expertise needed to accelerate outcomes for the Department of Defense, Intelligence Community, Public Sector, Fortune 1000, and other public and private sector clients. For more information on our solutions, please visit www.smxtech.com.

    The MIL Network –

  • MIL-OSI: Societe Generale_ Combined General Meeting and Board of Directors dated 20 May 2025

    Source: GlobeNewswire (MIL-OSI)

    COMBINED GENERAL MEETING AND BOARD OF DIRECTORS DATED 20 MAY 2025

    Press release

    Paris, 20 May 2025

    Combined General Meeting

    The General Meeting of shareholders of Societe Generale was held on 20 May 2025 at CNIT Forest, 2, Place de la Défense, 92092 Puteaux and was chaired by Mr. Lorenzo Bini Smaghi.

    Quorum was established at 64,34% (vs 55.61% in 2024):

    • 687 shareholders participated by attending the General Meeting in person at the place where it was held on 20 May 2025;
    • 1,057 shareholders were represented at the General Meeting by a person other than the Chairman;
    • 13,140 shareholders voted online;
    • 2,400 shareholders voted by post;
    • 8,767 shareholders, including 2,500 online, representing 1.07% of the share capital, gave proxy to the Chairman;
    • A total of 26 051 shareholders were present or represented and participated in the vote.

    The agenda item, with no vote, was an opportunity to present and discuss with shareholders the Group’s climate strategy and social and environmental responsibility.

    In addition, 9 shareholders sent 56 written questions prior to the General Meeting. The answers were made public before the General Meeting on the institutional website.

    All the resolutions put forward by the Board of Directors were adopted, in particular:

    • The 2024 annual company accounts and annual consolidated accounts;
    • The dividend per share was set at EUR 1.09. It shall traded ex-dividend on 26 May 2025 and will be paid from 28 May 2025;
    • The renewal of two independent directors for 4 years: Mr. William Connelly and Mr. Henri Poupart-Lafarge;
    • The appointment of two independent directors for 4 years: Mr. Olivier Klein and Mrs. Ingrid-Helen Arnold;
    • The renewal of Mr. Sébastien Wetter’s mandate as Director representing the employee shareholders;
    • The compensation policy for the Chairman, Chief Executive Officer, the Deputy Chief Executive Officers and the Directors;
    • The components composing the total compensation and the benefits of any kind paid or awarded for the 2024 financial year to the Chairman and the Chief Executive Officer and the Deputy Chief Executive Officers;
    • The authorisation granted to the Board of Directors to purchase ordinary shares of the Company was renewed for 18 months up to 10% of the share capital;
    • The authorisation for capital increases, enabling the issue of shares in favour of employees under a company or group saving plan, was renewed for 26 months;
    • The amendments to the Articles of Association to take account of the entry into force of the “Loi Attractivité” (no. 2024-537 dated 13 June 2024).

    The detailed voting result is available this day on the Company’s website in the item “Annual General Meeting”.

    Board of Directors

    Following the renewals and appointments of directors, the Board of Directors is composed of 15 directors, including (i) 2 directors re-elected by the employees in March 2024 and (ii) 1 director representing employee shareholders appointed by the General Meeting and one non-voting director.

    Accordingly, the Board of Directors is composed as follows:

    • Mr. Lorenzo Bini Smaghi, Chairman;
    • Mr. Slawomir Krupa, Director;
    • Mrs. Ingrid-Helen Arnold, Director;
    • Mr. William Connelly, Director;
    • Mr. Jérôme Contamine, Director;
    • Mrs. Béatrice Cossa-Dumurgier, Director;
    • Mrs. Diane Côté, Director;
    • Mrs. Ulrika Ekman, Director;
    • Mrs. France Houssaye, Director elected by employees;
    • Mr. Olivier Klein, Director;
    • Mrs. Annette Messemer, Director;
    • Mr. Henri Poupart-Lafarge, Director;
    • Mr Johan Praud, Director elected by employees;
    • Mr. Benoît de Ruffray, Director;
    • Mr. Sébastien Wetter, Director representing employees shareholders;
    • Mr. Jean-Bernard Lévy, Non-voting Director (“censeur”).

    The Board of Directors is made up of 41,7% women (5/12) and 91,7% independent directors (11/12) if we exclude from the calculations the three directors representing the employees in accordance with paragraph 1 of Article L. 225-23 of the Commercial Code, paragraph 2 of Article L. 225-27 of the Commercial Code and the AFEP-MEDEF code. In order to ensure compliance with a forthcoming legislative change scheduled for mid-2026, the Board of Directors has already decided, for the General Meeting of May 2026, that shareholders will be invited to replace a man director, whose term of office will expire, by a woman director.

    The Board of Directors held after the General Meeting has decided that, as of 20 May 2025, the Board committees will be composed as follows:

    • Audit and Internal Control Committee: Mr. Jérôme Contamine (chairman), Mrs. Diane Côté, Mrs. Ulrika Ekman, Mr. Olivier Klein and Mr. Sébastien Wetter;
    • Risk Committee: Mr. William Connelly (chairman), Mrs. Ingrid-Helen Arnold, Mrs. Béatrice Cossa Dumurgier, Mrs. Diane Côté, Mrs. Ulrika Ekman, Mr. Olivier Klein and Mrs. Annette Messemer;
    • Compensation Committee: Mrs. Annette Messemer (chairwoman), Mr. Jerome Contamine, Mr. Benoit de Ruffray and Mrs. France Houssaye;
    • Nomination and Corporate Governance Committee: Mr. Henri Poupart-Lafarge (chairman), Mr. William Connelly, Mme Diane Côté and Mr. Benoit de Ruffray.

    Biographies

    Mr. William Connelly is a graduate of Georgetown University in Washington (US). He began his career in 1980 at Chase Manhattan Bank, where he worked for 10 years, before joining Baring Brothers from 1990 to 1995. He then held various executive positions within ING Group NV from 1995 until he became a member of The Management Board, where he was responsible for Wholesale Banking from 2011 to 2016. He was also the CEO of ING Real Estate from 2009 to 2015. In addition to his mandate as an independent director of Societe Generale since 2017, he currently is the Chairman of the Board of Directors of Amadeus IT Group and the Chairman of the Board of Directors of Aegon until the second half of 2025. He also served as an independent director of Singular Bank from February 2019 to April 2023. During its session on 10 April 2025, the Societe Generale Board of Directors selected William Connelly for the Chairmanship as of the General Meeting which will be held on 27 May 2026. He will succeed Lorenzo Bini Smaghi, who has been Chairman since 2015, and will have completed his third term.

    Mr. Henri Poupart-Lafarge, Graduate of École polytechnique, the École nationale des ponts et chaussées and the Massachusetts Institute of Technology (MIT). He began his career in 1992 at the World Bank in Washington D.C. before moving to the French Ministry of the Economy and Finance in 1994. He joined Alstom in 1998 as Head of Investor Relations and was in charge of Management Control. In 2000, he was appointed Chief Financial Officer of Transmission and Distribution at Alstom, a position he held until 2004. He was Chief Financial Officer of Alstom from 2004 until 2010 and became President of Alstom Grid from 2010 to 2011. On 4 July 2011, he became Chairman of Alstom Transport, before being appointed Chairman and Chief Executive Officer in February 2016, a position he held until June 2024. Since then, he has been Chief Executive Officer and Director of Alstom.

    Mr. Olivier Klein, Graduated from the Panthéon‑Sorbonne University in 1978 with a Bachelor’s degree in Economics, from the National School of Statistics and Economic Administration (ENSAE) in 1980, and from HEC’s graduate course in Finance in 1985. He began his career at the BFCE in 1985 and served as manager of the Foreign Exchange and Rate Risk Management Advisory Department, then as Director of the BFCE’s Investment Bank, and finally as Regional Director of its corporate bank. He joined the Caisse d’Epargne group in 1998 and was Chairman of the Executive Board of the Caisse d’Epargne Ile‑de‑France Ouest from 2000 to 2007 and then of the Caisse d’Epargne Rhône‑Alpes from 2007 to 2009. In January 2010, he was appointed Chief Executive Officer of Commercial Banking and Insurance of the BPCE group until September 2012. He was appointed Chief Executive Officer of the BRED group from October 2012 to May 2023. He was a Member of the Supervisory Board of BPCE and its Risk Committee between 2019 and May 2023. He is Chief Executive Officer of Lazard Frères Banque SA and Managing Partner since September 2023. Since 1986, He is teaching macroeconomics and monetary policy at HEC. He is a director of Rexécode since 2018.

    Mrs. Ingrid-Helen Arnold, Graduated from the University of Applied Sciences Ludwigshafen in 1997 with a master’s degree in economics. She began her career at SAP SE in 1996, where she held various responsibilities related to innovation and digital transformation. In 2014, she was appointed Chief Information Officer and Business
    Processes and extended Member of the SAPExecutiveCommittee. From 2016 to April 2021, she was President of SAP Business Data Network group in Palo Alto (United States) and SAP SE Walldorf (Germany). In 2021, she joined the Südzucker group as Chief Digital Officer and Information tehcnology and member of the Group’s Executive Committee. She is Chief Executive Officer of KAKO GmbH since June 2024. She was a member of the Supervisory Board and a member of the Heineken group Audit Committee from 2019 to 2023. She is a member of the TUI group Supervisory Board since 2020.

    Mr. Sébastien Wetter holds a Master degree in Fundamental Physics and graduated from the Lyons Business School (EM Lyon). He began his career at Societe Generale in 1997 in the Strategy and Marketing Division of Societe Generale’s retail bank. Working in the Group’s Organisation Consulting Department from 2002, he performed a range of roles in the Corporate & Investment Banking arm and helped roll out the Group-wide participatory Innovation programme. As of the end of 2005, he joined the Commodities Market Department as Chief Operating Officer holding a global remit, before becoming Head of Business Development in 2008. From 2010 until 2014, he served as General Secretary in the Group’s General Inspection and Audit Division. In 2014, he joined the Sales Division of the Corporate & Investment Bank arm where he held a number of positions: Head of marketing for major French and international clients, then in 2016, Global Chief Operating Officer responsible for the sales teams covering financial institutions. From 2020 to December 2022, he has been a banker managing Societe Generale’s relationship with international financial institutions. He has been a member of the of the Supervisory Board of the Fonds Commun de Placement d’Entreprise (FCPE) since May 2024.

    The regulatory declarations on the absence of conflicts of interest and the absence of convictions mentioned on page 140 of the Universal Registration Document filed by Societe Generale on 12 March 2025 with the French market authority (AMF) under number D.25-00088, relating notably to the three directors whose terms of office are renewed remain valid and the two new directors appointed with effect from the General Meeting of 20 May 2025 have made the same regulatory declarations.

    Press contacts:
    Jean-Baptiste Froville_+33 1 58 98 68 00_ jean-baptiste.froville@socgen.com
    Fanny Rouby_+33 1 57 29 11 12_ fanny.rouby@socgen.com

    Societe Generale

    Societe Generale is a top tier European Bank with around 119,000 employees serving more than 26 million clients in 62 countries across the world. We have been supporting the development of our economies for 160 years, providing our corporate, institutional, and individual clients with a wide array of value-added advisory and financial solutions. Our long-lasting and trusted relationships with the clients, our cutting-edge expertise, our unique innovation, our ESG capabilities and leading franchises are part of our DNA and serve our most essential objective – to deliver sustainable value creation for all our stakeholders.

    The Group runs three complementary sets of businesses, embedding ESG offerings for all its clients:

    • French Retail, Private Banking and Insurance, with leading retail bank SG and insurance franchise, premium private banking services, and the leading digital bank BoursoBank.
    • Global Banking and Investor Solutions, a top tier wholesale bank offering tailored-made solutions with distinctive global leadership in equity derivatives, structured finance and ESG.
    • Mobility, International Retail Banking and Financial Services, comprising well-established universal banks (in Czech Republic, Romania and several African countries), Ayvens (the new ALD I LeasePlan brand), a global player in sustainable mobility, as well as specialized financing activities.

    Committed to building together with its clients a better and sustainable future, Societe Generale aims to be a leading partner in the environmental transition and sustainability overall. The Group is included in the principal socially responsible investment indices: DJSI (Europe), FTSE4Good (Global and Europe), Bloomberg Gender-Equality Index, Refinitiv Diversity and Inclusion Index, Euronext Vigeo (Europe and Eurozone), STOXX Global ESG Leaders indexes, and the MSCI Low Carbon Leaders Index (World and Europe).

    In case of doubt regarding the authenticity of this press release, please go to the end of the Group News page on societegenerale.com website where official Press Releases sent by Societe Generale can be certified using blockchain technology. A link will allow you to check the document’s legitimacy directly on the web page.

    For more information, you can follow us on Twitter/X @societegenerale or visit our website societegenerale.com.

    Attachment

    The MIL Network –

  • MIL-OSI: IDEX Biometrics ASA: Nomination Committee proposal to the 2025 Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    The Nomination Committee of IDEX Biometrics ASA proposes that Morten Opstad, Annika Olsson and Adriana Saitta, all current board members and European residents and nationals, form the new board of directors, with Morten Opstad serving as the Chair. The proposal is that they continue for a new term of two years.

    The full text of the Nomination Committee’s proposal to the 2025 Annual General Meeting in IDEX Biometrics ASA is enclosed.

    For further information, please contact:

    Kristian Flaten, CFO, Tel: +47 95092322

    E-mail: ir@idexbiometrics.com

    About IDEX Biometrics:

    IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market. For more information, visit www.idexbiometrics.com

    About this notice:

    This notice was issued by Kristian Flaten, CFO, on 20 May 2025 at 21:10 CET on behalf of IDEX Biometrics ASA. This information is subject to the disclosure requirements pursuant to the Norwegian Securities Trading Act section 5-12.

    Attachment

    The MIL Network –

  • MIL-OSI: ES Bancshares, Inc. Announces the Receipt of the First Installment of Its Employee Retention Tax Credit

    Source: GlobeNewswire (MIL-OSI)

    STATEN ISLAND, N.Y., May 20, 2025 (GLOBE NEWSWIRE) — ES Bancshares, Inc. (OTCQX: ESBS) (the “Company”) the holding company for Empire State Bank, (the “Bank”) today reported that the Company received a check for the first installment of $268 thousand of its Employee Retention Tax Credit. The first installment will be reported in our second quarter 2025 earnings results. The Bank filed a claim in 2023 to the Internal Revenue Service (“IRS”) for $1.2 million, plus applicable interest, in Employee Retention Credits (“ERC”) for the years 2020 and 2021. ERC are a refundable payroll tax credit for eligible businesses that paid qualified wages during the COVID-19 pandemic. ERC are generally considered non-taxable income but also require the Company to file amended tax returns for 2020 and 2021 to reduce the associated payroll tax deductions that were previously reported as normal business expenses, which increases the federal income taxes due for those periods. The Company expects to receive multiple ERC installments throughout 2025 and 2026.

    About ES Bancshares Inc.
    ES Bancshares, Inc. (the “Company”) is incorporated under Maryland law and serves as the holding company for Empire State Bank (the “Bank”). The Company is subject to regulation by the Board of Governors of the Federal Reserve System while the Bank is primarily subject to regulation and supervision by the New York State Department of Financial Services. Currently, the Company does not transact any material business other than through the Bank, its subsidiary.

    The Bank was organized under federal law in 2004 as a national bank regulated by the Office of the Comptroller of the Currency. The Bank’s deposits are insured up to legal limits by the FDIC. In March 2009, the Bank converted its charter to a New York State commercial bank charter. The Bank’s principal business is attracting commercial and retail deposits in New York and investing those deposits primarily in loans, consisting of commercial real estate loans, and other commercial loans including SBA and mortgage loans secured by one-to-four-family residences. In addition, the Bank invests in mortgage-backed securities, securities issued by the U.S. Government and agencies thereof, corporate securities and other investments permitted by applicable law and regulations.

    We operate from our five Banking Center locations, a Loan Production Office and our Corporate Headquarters located in Staten Island, New York. The Company’s website address is www.esbna.com. The Company’s annual report, quarterly earnings releases and all press releases are available free of charge through its website, as soon as reasonably practicable.

    Forward-Looking Statements

    This release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. For this purpose, any statements contained in this release that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the foregoing, words such as “may”, “will”, “expect”, “believe”, “anticipate”, “estimate” or “continue” or comparable terminology, are intended to identify forward-looking statements. These statements by their nature involve substantial risks and uncertainties, and actual results may differ materially depending on a variety of factors, many of which are not within ES Bancshares, Inc’s. control. The forward-looking statements included in this release are made only as of the date of this release. We have no intention, and do not assume any obligation, to update these forward-looking statements.

    Investor Contact:
    Peggy Edwards, Corporate Secretary
    (845) 451-7825

    The MIL Network –

  • MIL-OSI: UIFCA Launches: AI-Powered Investing & Expert Financial Education

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) — UIFCA Wealth Academy Ltd. today announced its official launch, introducing a comprehensive platform designed to transform how individuals and businesses approach financial markets. The academy integrates cutting-edge artificial intelligence tools with expert-backed investment strategies and world-class financial education, aiming to equip investors with the necessary insights and resources for informed, strategic decision-making.

    The core mission of UIFCA is to empower users to achieve steady and exponential wealth growth, irrespective of the complexities presented by today’s rapidly shifting economic landscape. Recognizing that financial markets are in constant evolution, UIFCA emphasizes that staying ahead requires more than fundamental knowledge; it demands innovation, adaptability, and a data-driven methodology. The academy is built to address these needs directly, offering solutions for navigating market volatility and identifying growth opportunities.

    Through its state-of-the-art technology, UIFCA analyzes market trends in real time. This capability assists users in identifying potential investment opportunities, mitigating risks effectively, and optimizing their investment portfolios for better performance. A dedicated team of seasoned financial experts and AI specialists works continuously to ensure the platform remains at the forefront of the industry, delivering high levels of accuracy, efficiency, and reliability to its user base.

    UIFCA is structured to cater to a diverse range of investors. Whether an individual is a seasoned market participant looking to refine sophisticated strategies or a newcomer seeking to build a strong financial foundation, the academy provides guidance and support. The platform champions the democratization of access to financial intelligence, enabling a broader audience to harness the power of AI-driven investment strategies.

    The ultimate goal is to foster long-term financial success for its members. By providing advanced tools, comprehensive educational materials, and access to expert insights, UIFCA strives to help users take confident control of their financial futures. The academy is committed to shaping intelligent investments and securing tomorrow’s wealth for its global community. Individuals interested in exploring these innovative financial solutions are encouraged to visit the company website.

    About UIFCA Wealth Academy Ltd.
    UIFCA Wealth Academy Ltd. is committed to revolutionizing the way investors navigate the financial markets. Leveraging cutting-edge AI-powered tools, expert-backed strategies, and world-class financial education, UIFCA provides investors with the insights and resources needed to make informed, strategic decisions for steady and exponential wealth growth. With a focus on innovation, expertise, and empowerment, UIFCA serves a global community of traders in both cryptocurrency and traditional financial markets.

    Contact:
    Sarah Mitchell
    sarah.mitchell@ufaceu.com
    Communications Manager
    UIFCA Wealth Academy Ltd
    Website: www.ufaceu.com | www.uifca.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/83b004d5-1e7b-45be-b6a4-94123527ed67

    The MIL Network –

  • MIL-OSI: ESET Research APT Report: Russian cyberattacks in Ukraine intensify; Sandworm unleashes new destructive wiper

    Source: GlobeNewswire (MIL-OSI)

    • ESET has released its latest advanced persistent threat (APT) report.
    • Russian APT groups intensified attacks against Ukraine and the EU, exploiting zero-day vulnerabilities and deploying wipers.
    • China-aligned groups like Mustang Panda and DigitalRecyclers continued their espionage campaigns targeting the EU government and maritime sectors.
    • North Korea-aligned groups expanded their financially motivated campaigns using fake job listings and social engineering.

    BRATISLAVA, Slovakia, May 20, 2025 (GLOBE NEWSWIRE) — ESET Research has released its latest APT Activity Report, which highlights activities of select APT groups that were documented by ESET researchers from October 2024 through March 2025. During the monitored period, Russia-aligned threat actors, notably Sednit and Gamaredon, maintained aggressive campaigns primarily targeting Ukraine and EU countries. Ukraine was subjected to the greatest intensity of cyberattacks against the country’s critical infrastructure and governmental institutions. The Russia-aligned Sandworm group intensified destructive operations against Ukrainian energy companies, deploying a new wiper named ZEROLOT. China-aligned threat actors continued engaging in persistent espionage campaigns with a focus on European organizations.

    Gamaredon remained the most prolific actor targeting Ukraine, enhancing malware obfuscation and introducing PteroBox, a file stealer leveraging Dropbox. “The infamous Sandworm group concentrated heavily on compromising Ukrainian energy infrastructure. In recent cases, it deployed the ZEROLOT wiper in Ukraine. For this, the attackers abused Active Directory Group Policy in the affected organizations,” says ESET Director of Threat Research Jean-Ian Boutin.

    Sednit refined its exploitation of cross-site scripting vulnerabilities in webmail services, expanding Operation RoundPress from Roundcube to include Horde, MDaemon, and Zimbra. ESET discovered that the group successfully leveraged a zero-day vulnerability in MDaemon Email Server (CVE-2024-11182) against Ukrainian companies. Several Sednit attacks against defense companies located in Bulgaria and Ukraine used spearphishing email campaigns as a lure. Another Russia-aligned group, RomCom, demonstrated advanced capabilities by deploying zero-day exploits against Mozilla Firefox (CVE 2024 9680) and Microsoft Windows (CVE 2024 49039).

    In Asia, China-aligned APT groups continued their campaigns against governmental and academic institutions. At the same time, North Korea-aligned threat actors significantly increased their operations directed at South Korea, placing particular emphasis on individuals, private companies, embassies, and diplomatic personnel. Mustang Panda remained the most active, targeting governmental institutions and maritime transportation companies via Korplug loaders and malicious USB drives. DigitalRecyclers continued targeting EU governmental entities, employing the KMA VPN anonymization network and deploying the RClient, HydroRShell, and GiftBox backdoors. PerplexedGoblin used its new espionage backdoor, which ESET named NanoSlate, against a Central European government entity, while Webworm targeted a Serbian government organization using SoftEther VPN, emphasizing the continued popularity of this tool among China-aligned groups.

    Elsewhere in Asia, North Korea-aligned threat actors were particularly active in financially motivated campaigns. DeceptiveDevelopment significantly broadened its targeting, using fake job listings primarily within the cryptocurrency, blockchain, and finance sectors. The group employed innovative social engineering techniques to distribute the multiplatform WeaselStore malware. The Bybit cryptocurrency theft, attributed by the FBI to TraderTraitor APT group, involved a supply-chain compromise of Safe{Wallet} that caused losses of approximately USD 1.5 billion. Meanwhile, other North Korea-aligned groups saw fluctuations in their operational tempo: In early 2025, Kimsuky and Konni returned to their usual activity levels after a noticeable decline at the end of 2024, shifting their targeting away from English-speaking think tanks, NGOs, and North Korea experts to focus primarily on South Korean entities and diplomatic personnel; and Andariel resurfaced, after a year of inactivity, with a sophisticated attack against a South Korean industrial software company.

    Iran-aligned APT groups maintained their primary focus on the Middle East region, predominantly targeting governmental organizations and entities within the manufacturing and engineering sectors in Israel. Additionally, ESET observed a significant global uptick in cyberattacks against technology companies, largely attributed to increased activity by North Korea-aligned DeceptiveDevelopment.

    “The highlighted operations are representative of the broader threat landscape that we investigated during this period. They illustrate the key trends and developments, and contain only a small fraction of the cybersecurity intelligence data provided to customers of ESET APT reports,” adds Boutin.

    Intelligence shared in the private reports is primarily based on proprietary ESET telemetry data and has been verified by ESET researchers, who prepare in-depth technical reports and frequent activity updates detailing activities of specific APT groups. These threat intelligence analyses, known as ESET APT Reports PREMIUM, assist organizations tasked with protecting citizens, critical national infrastructure, and high-value assets from criminal and nation-state-directed cyberattacks. More information about ESET APT Reports PREMIUM and its delivery of high-quality, actionable tactical and strategic cybersecurity threat intelligence is available at the ESET Threat Intelligence page.

    Make sure to follow ESET Research on Twitter (today known as X), BlueSky, and Mastodon for the latest news from ESET Research.

    About ESET

    ESET® provides cutting-edge digital security to prevent attacks before they happen. By combining the power of AI and human expertise, ESET stays ahead of emerging global cyberthreats, both known and unknown — securing businesses, critical infrastructure, and individuals. Whether it’s endpoint, cloud, or mobile protection, our AI-native, cloud-first solutions and services remain highly effective and easy to use. ESET technology includes robust detection and response, ultra-secure encryption, and multifactor authentication. With 24/7 real-time defense and strong local support, we keep users safe and businesses running without interruption. The ever-evolving digital landscape demands a progressive approach to security: ESET is committed to world-class research and powerful threat intelligence, backed by R&D centers and a strong global partner network. For more information, visit www.eset.com or follow our social media, podcasts and blogs.

    A photo accompanying this announcement is available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/916569c8-b3c1-41ce-bc7a-dfd407156187

    The MIL Network –

  • MIL-OSI: ESET Research uncovers Operation RoundPress: Russia-aligned Sednit targets entities linked to the Ukraine war to steal confidential data

    Source: GlobeNewswire (MIL-OSI)

    • ESET researchers uncovered the Operation RoundPress espionage campaign, with Russia-aligned Sednit group most likely behind it.
    • In Operation RoundPress, the compromise vector is a spearphishing email leveraging an XSS vulnerability to inject malicious JavaScript code into the victim’s webmail page. It targets Roundcube, Horde, MDaemon, and Zimbra webmail software.
    • Most victims are governmental entities and defense companies in Eastern Europe, although ESET has observed governments in Africa, Europe, and South America being targeted as well.
    • The payloads are able to steal webmail credentials, and exfiltrate contacts and email messages from the victim’s mailbox.
    • Additionally, SpyPress.MDAEMON is able to set up a bypass for two-factor authentication.

    MONTREAL and BRATISLAVA, Slovakia, May 20, 2025 (GLOBE NEWSWIRE) — ESET researchers have uncovered a Russia-aligned espionage operation, which ESET named RoundPress, targeting webmail servers via XSS vulnerabilities. Behind it is most likely the Russia-aligned Sednit (also known as Fancy Bear or APT28) cyberespionage group, holding the ultimate goal of stealing confidential data from specific email accounts. Most of the targets are related to the current war in Ukraine; they are either Ukrainian governmental entities or defense companies in Bulgaria and Romania. Notably, some of these defense companies are producing Soviet-era weapons to be sent to Ukraine. Other targets include African, EU, and South American governments.

    “Last year, we observed different XSS vulnerabilities being used to target additional webmail software: Horde, MDaemon, and Zimbra. Sednit also started to use a more recent vulnerability in Roundcube, CVE-2023-43770. The MDaemon vulnerability — CVE-2024-11182, now patched — was a zero day, most likely discovered by Sednit, while the ones for Horde, Roundcube, and Zimbra were already known and patched,” says ESET researcher Matthieu Faou, who discovered and investigated Operation RoundPress. Sednit sends these XSS exploits by email; the exploits lead to the execution of malicious JavaScript code in the context of the webmail client web page running in a browser window. Therefore, only data accessible from the target’s account can be read and exfiltrated.

    In order for the exploit to work, the target must be convinced to open the email message in the vulnerable webmail portal. This means that the email needs to bypass any spam filtering, and the subject line needs to be convincing enough to entice the target into reading the email message — abusing well-known news media such as Ukrainian news outlet Kyiv Post or Bulgarian news portal News.bg. Among the headlines used as spearphishing were: “SBU arrested a banker who worked for enemy military intelligence in Kharkiv” and “Putin seeks Trump’s acceptance of Russian conditions in bilateral relations”.

    The attackers unleash JavaScript payloads SpyPress.HORDE, SpyPress.MDAEMON, SpyPress.ROUNDCUBE, and SpyPress.ZIMBRA upon the targets. Those are capable of credential stealing; exfiltration of the address book, contacts, and log-in history; and exfiltration of email messages. SpyPress.MDAEMON is able to set up a bypass for two-factor authentication protection; it exfiltrates the two-factor authentication secret and creates an app password, which enables the attackers to access the mailbox from a mail application.

    “Over the past two years, webmail servers such as Roundcube and Zimbra have been a major target for several espionage groups, including Sednit, GreenCube, and Winter Vivern. Because many organizations don’t keep their webmail servers up to date, and because the vulnerabilities can be triggered remotely by sending an email message, it is very convenient for attackers to target such servers for email theft,” explains Faou.

    The Sednit group — also known as APT28, Fancy Bear, Forest Blizzard, or Sofacy — has been operating since at least 2004. The U.S. Department of Justice named the group as one of those responsible for the Democratic National Committee (DNC) hack just before the 2016 U.S. elections and linked the group to the GRU. The group is also presumed to be behind the hacking of global television network TV5Monde, the World Anti-Doping Agency (WADA) email leak, and many other incidents.

    For a more detailed analysis and technical breakdown of Sednit’s tools used in Operation RoundPress, check out the latest ESET Research blogpost “Operation RoundPress” on WeLiveSecurity.com. Make sure to follow ESET Research on Twitter (today known as X), BlueSky, and Mastodon for the latest news from ESET Research.

    Map of operation RoundPress targets, according to ESET telemetry

    About ESET

    ESET® provides cutting-edge digital security to prevent attacks before they happen. By combining the power of AI and human expertise, ESET stays ahead of emerging global cyberthreats, both known and unknown — securing businesses, critical infrastructure, and individuals. Whether it’s endpoint, cloud, or mobile protection, our AI-native, cloud-first solutions and services remain highly effective and easy to use. ESET technology includes robust detection and response, ultra-secure encryption, and multifactor authentication. With 24/7 real-time defense and strong local support, we keep users safe and businesses running without interruption. The ever-evolving digital landscape demands a progressive approach to security: ESET is committed to world-class research and powerful threat intelligence, backed by R&D centers and a strong global partner network. For more information, visit www.eset.com or follow our social media, podcasts and blogs.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/eee3ee68-80dc-4136-a11d-6f498092f7d1

    The MIL Network –

  • MIL-OSI: Middlefield Canadian Income PCC: Correction NAV Announcement

    Source: GlobeNewswire (MIL-OSI)

    Middlefield Canadian Income PCC Net Asset Value

    Middlefield Canadian Income PCC

    Middlefield Canadian Income – GBP PC
    (a protected cell company incorporated in Jersey with registration number 93546)
    Legal Entity Identifier: 2138007ENW3JEJXC8658

    Correction: Net Asset Value announcement

    Correction to the announcement made at 14:00 on 19 May 2025: The full corrected announcement is as per below:

    Net Asset Value

    As at the close of business on 16 May 2025 the estimated unaudited Net Asset Value per share was 130.15 pence (including accrued income).

    Investments in the Company’s portfolio have been valued on a bid price basis.

    Enquiries:

    JTC Fund Solutions (Jersey) Limited
    01534 700 000

    The MIL Network –

  • MIL-OSI: 29/2025・Trifork Group: Reporting of transactions made by persons discharging managerial responsibilities

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 29 / 2025
    Schindellegi, Switzerland – 20 May 2025

    Reporting of transactions made by persons discharging managerial responsibilities

    Pursuant to the Market Abuse Regulation Article 19, Trifork Group AG (Swiss company registration number CHE-474.101.854) (“Trifork”) hereby notifies receipt of information of the following transactions made by persons discharging managerial responsibilities in Trifork or by persons associated with them.

    1. Details of the person discharging managerial responsibilities/person closely associated
    a) Name Ferd AS
    2. Reason for the notification
    a) Position/status Ferd AS is represented on the Board of Directors of Trifork Group AG by Erik Theodor Jakobsen
    b) Initial notification/
    Amendment    		 Initial notification
    3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
    a) Name Trifork Group AG
    b) LEI 8945004BYZKXPESTBL36
    4.1 Details of the transaction(s)
    a) Description of the financial instrument, type of instrument

    Identification code

    		 Shares

    ISIN CH1111227810
    b) Nature of the transaction Acquisition
    c) Price(s) and volume(s) Price(s) Volume(s)
    DKK 90.00 160,000
    d) Aggregated information
    —
    Aggregated volume —
    Price    		 Total volume: 160,000

    Total price: DKK 90.00

    Total value: DKK 14,400,000
    e) Date of the transaction 20 May 2025
    f) Place of the transaction Nasdaq Copenhagen (XCSE)
    1. Details of the person discharging managerial responsibilities/person closely associated
    a) Name Jørn Larsen
    2. Reason for the notification
    a) Position/status CEO
    b) Initial notification/
    Amendment    		 Initial notification
    3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
    a) Name Trifork Group AG
    b) LEI 8945004BYZKXPESTBL36
    4.1 Details of the transaction(s)
    a) Description of the financial instrument, type of instrument

    Identification code

    		 Shares

    ISIN CH1111227810
    b) Nature of the transaction Sale
    c) Price(s) and volume(s) Price(s) Volume(s)
    DKK 90.00 160,000
    d) Aggregated information
    —
    Aggregated volume —
    Price    		 Total volume: 160,000

    Total price: DKK 90.00

    Total value: DKK 14,400,000
    e) Date of the transaction 20 May 2025
    f) Place of the transaction Nasdaq Copenhagen (XCSE)

    Investor and media contact
    Frederik Svanholm, Group Investment Director, frsv@trifork.com, +41 79 357 73 17

    About Trifork
    Trifork is a pioneering and global technology partner, empowering enterprise and public sector customers with innovative digital solutions. With 1,215 professionals across 71 business units in 16 countries, Trifork specializes in designing, building, and operating advanced software across sectors such as public administration, healthcare, manufacturing, logistics, energy, financial services, retail, and real estate. The Group’s R&D arm, Trifork Labs, drives innovation by investing in and developing synergistic, high-potential technology companies. Trifork Group AG is publicly listed on Nasdaq Copenhagen. Learn more at trifork.com.

    Attachment

    The MIL Network –

  • MIL-OSI: Kaanch Network Surpasses $1.12M in Presale as RWA Tokenization Heats Up Ahead of Exchange Listing

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, May 20, 2025 (GLOBE NEWSWIRE) — As real-world asset (RWA) tokenization gains momentum across global markets, Kaanch Network is capturing investor attention with a presale that has already raised over $1.12 million. Now in Stage 5, Kaanch is offering tokens at $0.16 — marking one of the final opportunities for early participants before its upcoming centralized exchange (CEX) listing.

    With institutions, governments, and enterprises racing to digitize real-world assets such as real estate, bonds, certificates, and credentials, blockchain infrastructure is under pressure to evolve. Purpose-built for this shift, Kaanch Network stands out as a next-generation Layer 1 blockchain designed to meet the legal, technical, and compliance requirements of large-scale RWA adoption.

    Why RWA Tokenization Needs Purpose-Built Infrastructure

    Tokenizing real-world assets isn’t just about issuing tokens — it requires:

    • Compliance-ready smart contracts
    • Final, traceable, real-time settlement
    • Low transaction fees for scalable use
    • Built-in decentralized identity layers
    • Cross-chain interoperability
    • DAO-based governance mechanisms

    Kaanch Network delivers on all fronts — setting the stage for seamless tokenization of both physical and financial assets.

    Kaanch Network: Ready for Real-World Scale

    Key infrastructure highlights include:

    • 1.4 Million TPS – High throughput for real-time issuance, trading, and workflows
    • 0.8-Second Finality – Instant settlement for asset transfers and financial operations
    • 3600 Validators – Deep decentralization ensures resilience and trust
    • .knch Domains – Native decentralized identity for agents, wallets, and registries
    • RWA Framework – Built-in standards for tokenizing real estate, bonds, certifications, and more
    • Interoperability Bridges – Seamless asset flows with Ethereum, Solana, and BNB
    • DAO Governance – Token holders vote on upgrades, funding, and proposals
    • Live Staking – Up to 119% APY for early supporters and stakers

    Final Presale Rounds Before Listing

    The Kaanch token ($KNCH) has entered Stage 5 of its presale at $0.16, with limited availability before the project officially hits exchanges. The presale offers an early entry point into one of the few Layer 1 platforms specifically engineered for the RWA era.

    “With over $1.12M raised and infrastructure built for institutional-grade asset tokenization, we believe Kaanch is one of the most strategically positioned blockchains heading into the next wave of adoption,” said a spokesperson for Kaanch Network.

    Presale access is currently open via the official portal: https://presale.kaanch.com

    As global financial systems begin integrating blockchain into core asset management, the demand for compliant, high-performance infrastructure is set to soar. With a real-world-ready framework and growing momentum, Kaanch Network aims to be at the center of this transformation.

    Contact:
    Ved Singh
    info@kaanch.com

    Disclaimer: This is a paid post and is provided by Kaanch Network. 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.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/db1988a7-96b7-4809-a2d2-b6a1616f4588

    https://www.globenewswire.com/NewsRoom/AttachmentNg/31a1f81c-9270-4e00-816c-3e900689c5a0

    https://www.globenewswire.com/NewsRoom/AttachmentNg/627d82e5-53b7-4265-9747-eee8518826da

    The MIL Network –

  • MIL-OSI: BloFin CEO Unveils Roadmap for a Future of Global Finance

    Source: GlobeNewswire (MIL-OSI)

    “We’re not building just an exchange. We’re building infrastructure for the free movement of value.”
    “Stablecoins aren’t a product innovation—they’re a redefinition of who gets access to financial power.”

    – By Matt, CEO of BloFin

    ROAD TOWN, Virgin Islands, May 20, 2025 (GLOBE NEWSWIRE) — Matt, CEO of BloFin, has released a forward-looking statement outlining the company’s long-term vision for the evolution of global finance—one driven by stablecoin infrastructure, seamless trading and payments, and inclusive access to capital. Positioned at the intersection of fintech and Web3, BloFin aims to build the foundational infrastructure for a borderless financial system, enabling users worldwide to hold, earn, swap, and spend digital assets with the same simplicity and security as traditional money.

    When the internet first arrived, it democratized access to information. Blogs replaced newspapers. Social media replaced TV. Search and discovery replaced gatekeepers.

    Now, we’re witnessing the next wave of decentralization—not of information, but of value.

    Stablecoins are turning the US dollar into an internet-native asset. What used to be gated by banks, borders, and bureaucracy is now becoming programmable, portable, and universally accessible.

    Asset tokenization, meanwhile, is doing to capital markets what MP3s did to the music industry—unlocking accessibility, liquidity, and user ownership.

    This isn’t about crypto hype. It’s about financial experience catching up with digital expectations.

    Trading and Payments Are Merging

    Historically, trading and payments were separate industries. One was speculative, the other transactional.

    That wall is falling.

    Today, users don’t want to think about “investment” vs. “remittance” vs. “yield” vs. “purchase.” They want seamless flows:

    • Hold stablecoins
    • Earn yield
    • Swap into assets
    • Send money abroad
    • Pay with a tap

    In the background: liquidity, risk, custody, and compliance. But to the user—it just works.

    The future of trading and payments is not about interfaces. It’s about infrastructure that makes the experience invisible.

    What Infrastructure Must Look Like in the Next 10 Years

    To serve this shift, we believe the next-generation platforms must be:

    • Stablecoin-native, not bank-native
    • Cross-border by design, not by exception
    • Compliant, modular, and transparent, without sacrificing speed or usability
    • Open to both traditional and decentralized assets, with unified user experience

    This is not about replacing banks or regulators. It’s about building something parallel, efficient, and trustworthy.

    Five Systems We Need to Build as an Industry

    Over the next decade, the most important evolution in crypto won’t be the next memecoin.

    It will be whether we can build:

    1. Global, high-trust trading platforms rooted in stablecoin rails
    2. Borderless financial accounts (wallets + custodial layers) that scale safely
    3. Unified payment and settlement networks that work across fiat and crypto
    4. Stablecoin ecosystems that support real-world use: payrolls, invoices, trade
    5. Crypto-native banking infrastructure with savings, credit, and asset management

    These aren’t buzzwords. They’re necessities—especially for users in markets where the traditional financial system has left them behind.

    Principles That Matter in a Fragmented World

    This industry is still young. And while some players chase short-term profit, others are working to lay down something more lasting.

    For anyone building:

    • Compliance isn’t a constraint—it’s a moat.
    • User trust is everything. Don’t trade against them, freeze them, or exploit them.
    • Culture isn’t perks—it’s what your team tolerates under pressure.
    • Systems > slogans. Execution > announcements.

    In an increasingly fragmented, regulated, and uncertain environment, long-term trust is the rarest asset.

    A Final Thought

    Crypto started with the idea of freedom. But freedom without function leads nowhere.

    What we need now is function that delivers freedom:

    • The freedom to trade without friction.
    • The freedom to earn, send, and save without permission.
    • The freedom to hold value in a system that doesn’t collapse when borders close.

    That’s the system we want to build.

    And if you’re building it too—we’re already on the same team.

    — By Matt, CEO of BloFin

    About BloFin

    ​BloFin is a top-tier cryptocurrency exchange that specializes in futures trading. The platform offers 480+ USDT-M perpetual pairs, spot trading, copy trading, API access, unified account management, and advanced sub-account solutions. Committed to security and compliance, BloFin integrates Fireblocks and Chainalysis to ensure robust asset protection. By partnering with top affiliates, BloFin delivers scalable trading solutions, efficient fund management, and enhanced flexibility for professional traders. ​As the constant sponsor of TOKEN2049, BloFin continues to expand its global presence, reinforcing its position as the place “WHERE WHALES ARE MADE.” For more information, visit BloFin’s official website at https://www.blofin.com.

    Contact:
    Annio W.
    annio@blofin.io

    Disclaimer: This is a paid post and is provided by Blofin. 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/4e9804d7-7a02-4494-bf8a-74b7ca659d20

    The MIL Network –

  • MIL-OSI: Annual Report and Accounts

    Source: GlobeNewswire (MIL-OSI)

    ICG Enterprise Trust plc (the “Company”)

    20 May 2025

    Annual Report and Accounts 2025

    The Company announces that the Annual Report and Accounts 2025 and Notice of Annual General Meeting 2025 have today been sent or otherwise made available to shareholders and published on the Company’s website at: https://www.icg-enterprise.co.uk

    In accordance with UK Listing Rules 6.4.1R and 6.4.3R, copies of the following documents have been submitted to the National Storage Mechanism and will shortly be available for viewing at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

    • Annual Report and Accounts 2025
    • Notice of Annual General Meeting 2025
    • Proxy Form for the 2025 Annual General Meeting
    • Proposed New Articles of Association

    The Company’s 2025 Annual General Meeting will be held at Procession House, 55 Ludgate Hill, London, EC4M 7JW, on Tuesday, 24 June 2025 at 3:30pm.

    Analyst / Investor enquiries:

    Chris Hunt
    Shareholder Relations, ICG
    +44 (0) 20 3545 2020

    Andrew Lewis
    Company Secretary, ICG
    +44 (0) 20 3545 1344

    Media:

    Clare Glynn
    Corporate Communications, ICG
    +44 (0) 20 3545 1395

    The MIL Network –

  • MIL-OSI: Agent Singularity Summit: Advancing On-Chain AI with Sparsity

    Source: GlobeNewswire (MIL-OSI)

    DENVER, Colo., May 20, 2025 (GLOBE NEWSWIRE) — At the Agent Singularity Summit, the energy was unmistakable. A vibrant community of over 300 developers, researchers, and infrastructure leaders came together for a full-day deep dive into AI agents and decentralized infrastructure. Hosted by Sparsity and co-presented by Sui and Virtuals, the summit explored how autonomous agents can operate on-chain in real time—pushing the boundaries of what’s possible in decentralized, verifiable computing.

    AI Agents, Live and On-Chain

    The event featured discussions from some of the most respected teams in AI and crypto, including Google DeepMind, a16z CSX, Mysten Labs, Coinbase, Solana Foundation and Virtuals. Sparsity’s own Justin Zhang and Conrad Shelton opened the day with a fireside chat, outlining their vision for scalable, AI-native computation. Backed by a16z CSX, Sparsity is pioneering a novel sparsity technique that enables high-throughput agent execution without compromising decentralization.

    Justin (right) and Conrad from Sparsity shared their vision on scalable computation for AI-driven decentralized systems.

    Key technical talks included:

    • Chi Wang (AG2, Google DeepMind): Introduction to AgentOS, an operating system for multi-agent systems.
    • Lincoln Murr (Coinbase Developer Platform): The importance of crypto-native frameworks for autonomous AI.
    • John Naulty (Mysten Labs): How Sui powers on-chain agentic workflows with native primitives.

    Chi Wang (AG2, Google DeepMind), Lincoln Murr (Coinbase), and John Naulty (Mysten Labs / Sui) speak at Agent Singularity Summit

    Sparsity: Powering the Intelligent Layer of Web3

    As a Layer N+1 execution protocol, Sparsity enables real-time, parallelized AI computation across any blockchain. At Agent Singularity, this infrastructure was demonstrated in action, allowing AI agents to execute logic and interact with on-chain environments without being constrained by L1 throughput or block finality latency.

    “AI agents are no longer theoretical in Web3—they exist. But they need infrastructure that can keep up,” said Justin Zhang, CEO of Sparsity. “That’s what Sparsity delivers: real-time compute, cross-chain composition, and customized validation.”

    Builders, Ecosystems, and Real-World Progress

    Panels throughout the day featured leaders from projects like Solana, Virtuals, Pond Protocol, Talus Network, and BitGPT, focusing on how autonomous agents are being built, deployed, and scaled today. A standout was Virtuals, a fast-rising project building agent-based automation for DeFi, emphasizing the real-world adoption of agent frameworks.

    Agent Singularity also hosted DevNet 1.0, a mini-hackathon where participants deployed AI x Web3 applications using Sparsity’s infrastructure. The depth of participation signaled strong builder interest in scalable agentic systems.

    A Collaborative, Interoperable Future

    The event was not just about technical discussions; it was a milestone in shaping the AI x crypto landscape. With attendees from Base, Sui, and other leading blockchain protocols, conversations spanned agent-governed DAOs, ZK-augmented logic, and AI orchestration at the protocol level.

    Chi Wang, founder of AG2 and a leading voice in autonomous agent architectures, played a pivotal role in shaping the discourse at the event. “Chi Wang’s contributions were instrumental in bringing Agent Singularity to life,” the Sparsity team noted. His work helped bridge the gap between speculative ideas and practical implementation, inspiring a new wave of AI-native founders and engineers.

    Great minds coming together to discuss the next frontier: Web3 and AI.

    The Future is Now

    A common theme emerged across all sessions: the agent economy is no longer speculative. With scalable compute, real-time coordination, and emerging interoperability standards, AI x crypto is entering a new phase of technical maturity.

    Sparsity is leading this shift, offering the speed, composability, and developer flexibility needed to build AI-native applications across chains.

    If you’re working on AI agents, decentralized compute, or high-performance blockchain infrastructure, visit sparsity.ai and get involved.

    Watch the Full Event
    The full recording of Agent Singularity is now available online:
    Watch here

    Follow Us
    Stay up to date with the future of on-chain AI — follow us on Twitter:
    @sparsity_xyz

    Memorable moments shared between our incredible audience and the organizing team – thank you all for making it happen!

    Sparsity links : Twitter – @sparsity_xyz

    Website – https://www.sparsity.ai/

    Contact Detail
    Lan X
    Business Development
    Email – lan@sparsity.xyz

    Disclaimer: This is a paid post and is provided by Sparsity. 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.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/701d7b49-96c5-407c-bdfd-8a99203d7e64

    https://www.globenewswire.com/NewsRoom/AttachmentNg/1d52a3bf-2629-4f86-8bed-86a6b33eb299

    https://www.globenewswire.com/NewsRoom/AttachmentNg/6003b671-c2fc-4eff-bd08-1b451ce97e34

    https://www.globenewswire.com/NewsRoom/AttachmentNg/664402ee-4a49-475c-b59d-a7e773240414

    The MIL Network –

  • MIL-OSI: SolMicroGrid Launches ‘Array to Microgrid’ Program to Monetize Existing Solar Assets and Deliver Resilient Onsite Power

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) — SolMicroGrid, a leading provider of microgrid solutions to the commercial and industrial (C&I) sector, today announced the launch of its Array to Microgrid program—an innovative offering that enables property owners to unlock the embedded value of their existing solar arrays by selling them for cash proceeds while simultaneously upgrading to fully managed, resilient microgrids.

    This innovative program is designed for businesses across the retail, industrial, and commercial and real estate sectors that seek to reduce operational complexity, improve energy resilience, and eliminate the burdens of solar asset ownership. By acquiring and converting underutilized solar systems into state-of-the-art microgrids – with potential additions of battery storage, backup generation and smart controls, SolMicroGrid provides a comprehensive Energy-as-a-Service (EaaS) solution tailored to each facility’s needs.

    At the heart of this offering is SolMicroGrid’s Energy-as-a-Service business model. This structure replaces traditional asset ownership with a long-term service agreement, relieving customers of all capital expenditure, maintenance responsibilities, and operational risk. Customers benefit from predictable energy costs, improved site resilience, and enhanced sustainability—without capital outlays for infrastructure.

    SolMicroGrid has successfully deployed this model across a growing number of commercial sites, where it has demonstrated measurable improvements in energy cost savings, system reliability, and operational efficiency. The company’s microgrid systems are fully customizable and scalable, allowing seamless integration with a range of distributed energy resources (DERs) including solar PV, battery storage, backup generation, and advanced energy management control systems.

    “Our Array to Microgrid program delivers a powerful combination of financial flexibility and operational reliability,” said Kirk Edelman, CEO of SolMicroGrid. “We enable customers to monetize their solar assets, eliminate maintenance and risk, and upgrade to a robust energy platform that reduces electricity costs and enhances energy security – all without capital outlay.”

    As extreme weather, rising electricity prices, and growing grid instability continue to challenge energy reliability across the U.S., SolMicroGrid’s solutions enable C&I customers to optimize their renewable energy usage, minimize dependence on the utility grid, and ensure uninterrupted operations during outages—all while supporting broader sustainability goals.

    About SolMicroGrid
    SolMicroGrid is a differentiated developer and operator of solar-enabled microgrid systems, offering energy resiliency and efficiency to commercial and industrial customers. The company’s service solution reduces operating expenses without the need for customer capital investment. SolMicroGrid is a portfolio company of Morgan Stanley Energy Partners.

    Media Contact
    FischTank PR
    SMG@fischtankpr.com

    A PDF accompanying this announcement is available at http://ml.globenewswire.com/Resource/Download/f5f8162e-f595-4d73-be49-88f1b7d6035b

    The MIL Network –

  • MIL-OSI: AppTech Payments Corp. Begins Trading on OTCQB® and has Director and Officer Departures

    Source: GlobeNewswire (MIL-OSI)

    CARLSBAD, Calif., May 20, 2025 (GLOBE NEWSWIRE) — AppTech Payments Corp. (“AppTech or the “Company”) (OTCQB: APCX), a fintech company, today announced the Company was notified by The Nasdaq Stock Market LLC (“Nasdaq”) that as a result of the Company’s previously disclosed noncompliance with Nasdaq Listing Rule 5550(a)(2), Nasdaq has determined to delist the Company’s common stock and warrants from the Nasdaq Capital Market and, accordingly, has suspended trading in the Company’s common stock and warrants effective at the open of business, May 20, 2025.

    The Company’s common stock and warrants are quoted on the OTC Markets’ OTCQB® market tier, an electronic quotation service operated by OTC Markets Group Inc. for eligible securities traded over the counter. The Company’s common stock and warrants began trading on the OTCQB® market tier at the open of business on May 20, 2025, under its current trading symbols, APCX and APCXW.

    APCX share price can now be tracked at the following link: https://www.otcmarkets.com/stock/APCX/quote

    APCXW share price can now be tracked at the following link: https://www.otcmarkets.com/stock/APCXW/quote

    The transition to the quotation of the Company’s common stock and warrants on the OTC Markets will have no effect on the Company’s operations. It will continue to file all required reports with the SEC under applicable federal securities laws, which will be available on the SEC’s website, www.SEC.gov.

    Tom DeRosa, CEO of AppTech Payments Corp., commented:
    “While we are naturally disappointed by the delisting, our focus remains firmly on our growth strategy. We are increasingly confident in our revenue outlook.”

    On May 19, 2025, Luke D’Angelo resigned as Chairman of the Company’s Board of Directors and as an employee of AppTech Payments Corp. (the “Company”). Mr. D’Angelo’s resignation was not due to a disagreement with the Company on any matter relating to the Company’s operations, policies, or practices. A replacement has not been determined at this time.

    On May 19, 2025, Virgilio Llapitan resigned as President, Chief Operating Officer & Director of AppTech Payments Corp. (the “Company”). Mr. Llapitan’s resignation was not due to a disagreement with the Company on any matter relating to the Company’s operations, policies, or practices. A replacement has not been determined at this time.

    About AppTech Payments Corp.

    AppTech Payments Corp. (NASDAQ: APCX) provides digital financial services for financial institutions, corporations, small and midsized enterprises (“SMEs”), and consumers through the Company’s scalable cloud-based platform architecture and infrastructure. For more information, please visit apptechcorp.com.

    Forward-Looking Statements

    This press release may contain forward-looking statements that are inherently subject to risks and uncertainties. Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate, believe, estimate, expect, forecast, intend, may, plan, project, predict, should, will” and similar expressions as they relate to AppTech are intended to identify such forward-looking statements. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in methods of marketing, delays in manufacturing or distribution, changes in customer order patterns, changes in customer offering mix, and various other factors beyond the Company’s control. Actual events or results may differ materially from those described in this press release due to any of these factors. AppTech is under no obligation to update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.

    AppTech Payments Corp.
    760-707-5959
    info@apptechcorp.com

    The MIL Network –

  • MIL-OSI: Anthony Blumberg Plans to Attend Famed Allen & Company Sun Valley Conference in July

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) — Global investor, philanthropist, and head of Blumberg Family Office Anthony “Tony” Blumberg plans to attend The Allen & Company Sun Valley Conference in Idaho, a renowned invitation-only annual gathering of business leaders and media moguls. The 2025 retreat, which draws the ultrawealthy, will take place from Wednesday, July 9, to Sunday, July 13.

    Commonly known as the summer camp for billionaires, the Sun Valley Conference is where finance, technology, and media industry titans, politicians, venture capitalists, and economists converge each year in Idaho’s high country to discuss and shape the future of global business and potentially make deals. A go-to, by invitation only event for global power figures for more than 40 years, the Conference features an array of meetings, lectures, cocktail parties, dinners, and a host of outdoor recreational activities like hiking, rafting, and golf.

    Boutique investment firm and financial advisor Allen & Company has been hosting the Sun Valley Conference since the early 1980s. Many credit the annual conference as the birthplace not only of numerous billion-dollar business deals but also of many pivotal economic discussions and strategizing that have shaped the direction and future of the global economy.  

    Last year’s conference included many high-profile attendees, including OpenAI CEO Sam Altman, Apple CEO Tim Cook, Bloomberg LP Majority Owner Michael Bloomberg, IAC Chair Barry Diller, Amazon founder Jeff Bezos, and more. Oprah Winfrey, Gayle King, Tony Blumberg, Anderson Cooper and Shari Redstone were also among the movers and shakers at the gathering. Top-of-mind discussions included the rise of rapid technological changes like cutting-edge AI developments, the future of entertainment in the streaming age, global business strategies, and ongoing uncertainties worldwide. Guests at the 2024 event are said to possess a cumulative wealth of more than $1 trillion.  

    “I am excited to return to the Sun Valley Conference,” said Tony Blumberg. “This gathering is a valuable opportunity to network and connect with others in tech and finance. It’s part reunion, part think tank, and part deal room.”

    Anthony Blumberg oversees his family office investments and global mining interests, where he is responsible for operational, commercial, technology, and strategy functions. His disciplined approach to investment focuses on capital allocation in hard assets, technology, commodities, and risk management, with an emphasis on transformational investment for medium to long-dated cycles.

    Blumberg also brings a wealth of global business experience, including deep insights into commercial operations, corporate restructuring, corporate finance, and mergers and acquisitions. Tony Blumberg’s ability to transform megatrends into growth opportunities is bolstered by his strong grasp of innovation, strategy, technology, and data.

    The MIL Network –

  • MIL-OSI: WISeKey International Holding Ltd Announces Agenda Items to be Approved by Shareholders at its 2025 Annual General Meeting Scheduled for June 19, 2025

    Source: GlobeNewswire (MIL-OSI)

    WISeKey International Holding Ltd Announces Agenda Items to be Approved by Shareholders at its 2025 Annual General Meeting Scheduled for June 19, 2025

    Zug, Switzerland, May 20, 2025 – Ad-Hoc announcement pursuant to Art. 53 of SIX Listing Rules – WISeKey International Holding Ltd. (“WISeKey” or the “Company”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity and IoT company, announced today that the Board of Directors has submitted its proposals for shareholder approval at the 2025 Annual General Meeting of Shareholders (“AGM“). The 2025 AGM will be held at 2:00 p.m. CEST on Thursday, June 19, 2025 at the offices of Homburger AG, Prime Tower, Hardstrasse 201, 8005 Zurich, Switzerland.

    Key items that the Board of Directors recommends shareholders to approve include, among other things:

    • Approval of the Annual Report 2024, including the audited consolidated and statutory financial statements;
    • Discharge of the Board and Executive Management for their activities during the financial year ended December 31, 2024;
    • Increase of the capital band
      • Amendment of Article 4a of the Articles of Association to increase the upper limit of the capital band from CHF 585,875.16 to CHF 636,095.10, thereby authorizing the Board of Directors to increase the share capital within a revised band of CHF 391,700.96 to CHF 636,095.10;
    • Increase of the conditional share capital:
      • Amendment of Article 4b letter a of the Articles of Association to increase the Company’s conditional share capital for convertible and similar financial instruments from CHF 31,917.40 (319,174 Class B Shares) to CHF 168,031.70 (1,680,317 Class B Shares);
      • Amendment of Article 4b letter b of the Articles of Association to increase the conditional share capital for share-based compensation plans from 176,430 Class B Shares to 400,000 Class B Shares;
    • Re-election of all eight current members of the Board of Directors for a term extending until the conclusion of the next AGM;
    • Re-election of the Nomination & Compensation Committee; and,
    • Re-election of the statutory auditor and the Independent Proxy.

    Shareholders may attend the AGM in person at the venue. Shareholders may also exercise their voting rights by giving electronic or written voting instructions to the independent voting rights representative, as further described in the Company’s invitation to the 2025 AGM published on the date of this press release, or by giving proxy to a representative.

    About WISeKey

    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

    Disclaimer
    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and investor contacts:

    WISeKey International Holding Ltd 
    Company Contact:  Carlos Moreira
    Chairman & CEO
    Tel: +41 22 594 3000
    info@wisekey.com    		 WISeKey Investor Relations (US) 
    Contact:  Lena Cati
    The Equity Group Inc.
    Tel: +1 212 836-9611
    lcati@theequitygroup.com

    The MIL Network –

  • MIL-OSI: TRYX made another appearance at COMPUTEX, showcasing an all-new design

    Source: GlobeNewswire (MIL-OSI)

    TAIPEI, Taiwan, May 20, 2025 (GLOBE NEWSWIRE) — At ​COMPUTEX TAIPEI 2025, ​TRYX, a leading innovator in high-performance PC hardware, is set to redefine the future of computing with its latest product lineup (Booth: ​Nangang Exhibition Centre Hall 1, 4F, N1205). Showcasing cutting-edge products spanning cooling solutions, chassis designs, lighting systems, and customization tools, TRYX continues to push boundaries with its user-driven engineering philosophy.

    ​Next-Gen Cooling & Visual Excellence

    1. ​PANORAMA Series: Where Liquid Cooling Meets Immersive Displays
      • ​PANORAMA: The world’s first AIO liquid cooler with an ​L-shaped 3D AMOLED screen (6.5” 2K @60Hz), powered by ​8th-gen Asetek pump and customizable ARGB fans for unmatched performance and aesthetics.
      • ​PANORAMA SE: Features a ​detachable AMOLED display with “Waterfall” animation effects and ​280W TDP cooling for extreme workloads.
      • ​PANORAMA WB: A modular water block for custom loop enthusiasts, retaining the signature ​6.5” AMOLED screen and full ​KANALI software control.
    2. ​Visuals That Command Attention: STAGE & ARCVISION
      • ​TRYX STAGE 360mm AIO:features L-shape dual screen water block with ​mini “stage” aesthetics, supporting dynamic visuals via KANALI.
      • ​ARCVISION: The ​first glasses-free 3D chassis with curved glass, blending organic patterns and panoramic views for a futuristic build.
    2. ​Thermal Mastery: TURRIS & ROTA SL
      • ​TURRIS: A ​dual-tower air cooler with ​6 heat pipes, 5” LCD stats display, and ​tool-free installation for effortless high-end cooling.
      • ​ROTA SL: Simplifies cable management with ​magnetic connectors and ​vibration-damping pads, ensuring clean, silent operation.
    2. ​Modular Freedom: LUCA Series & FLOVA
      • ​LUCA/LUCA AIR: Built with ​6000-series aluminum, featuring ​X-shaped floating bases and ​dual 200mm fans (AIR version) for max airflow.
      • ​FLOVA: A ​home-friendly chassis with ​cross-flow cooling, removable fabric panels, and minimalist design for seamless living space integration.
    1. ​Ecosystem Synergy: KANALI & LUCIS
      • ​KANALI: The ultimate control hub for ​3D content, ​lighting sync, and ​screen recording across TRYX devices.
      • ​LUCIS: Block-style ​daisy-chained ARGB fans with ​Type-C unified control, enabling limitless lighting customization.

    ​A Vision for the Future

    2025 marks TRYX’s boldest leap yet—merging hardware with artistry, from ​3D displays to silent magnetic fans, every product is designed to ​inspire creators and gamers alike.”

    Visit ​TRYX’s booth for live demos of ​KANALI’s real-time content tools and exclusive giveaways. Explore more at or follow ​**@TRYXGlobal**.

    About TRYX
    Founded in 2023, TRYX is headquartered in ​Shanghai, specializing in ​performance-driven PC hardware. With a presence in ​global market, the brand lives by its motto: ​​“Empowering Possibilities”​

    Media Contact:
    Lucius Liu
    TRYX Global Marketing
    Email: lucius_liu@tryxzone.com

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/cfd44846-6528-4074-b76c-2db57d568236

    https://www.globenewswire.com/NewsRoom/AttachmentNg/006d7df4-c33b-4390-9c5d-3bcfc437e963

    https://www.globenewswire.com/NewsRoom/AttachmentNg/764982ce-a982-4518-b99c-b0a37d4520b8

    https://www.globenewswire.com/NewsRoom/AttachmentNg/87fb91f6-ac8b-44c2-ae68-7eabb54cc830

    https://www.globenewswire.com/NewsRoom/AttachmentNg/508f975e-bdc6-46b3-8b1c-8146534eb52f

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d827edb1-f553-4f99-9aae-206f97c8a5c4

    https://www.globenewswire.com/NewsRoom/AttachmentNg/09ea0938-1c19-4105-8b5e-c8e54cbe9a7d

    https://www.globenewswire.com/NewsRoom/AttachmentNg/ba871aff-df6a-4d46-8004-0d3bf6731b99

    The MIL Network –

  • MIL-OSI: HYNOCA® recognized as EU-funded REFORMERS’ Renewable Energy Valley project in Netherlands awarded World Hydrogen 2025 Prize, Clean Project category

    Source: GlobeNewswire (MIL-OSI)

    Vitry-le-François, France (May 20, 2025, 6:00 pm CEST) –  

    The 5th World Hydrogen Awards threw Haffner Energy’s unique biomass-based solution HYNOCA® in the limelight today as one of the two hydrogen-production technologies selected for the first Renewable Energy Valley project developed under the umbrella of the Horizon Europe-funded international initiative REFORMERS.  

    Granted to REFORMERS’ Flagship Energy Valley in Alkmaar, Netherlands, in the Clean Project category, after a comprehensive review of the project by a jury of experts and a vote by the global hydrogen community, the award also recognized the innovative Zinc Intermediate Step Electrolysis technology by German startup STOFF2. The Awards Ceremony took place, today, on the eve of the 6th edition of the annual World Hydrogen Summit & Exhibition which is being held in Rotterdam, Netherlands, this week. 

    “I am grateful for the ongoing support and dedication of Philippe and Marc Haffner and their team, whose expertise and commitment have played a crucial role in our journey towards today’s prizewinning success. Together, we are shaping the future of sustainable energy solutions and paving the way for a cleaner, greener world”, said Bob Busser, Managing Director of HyDevCo BV, Haffner Energy’s Dutch partner and leading project developer for HYNOCA-Alkmaar.BV, the Dutch project-dedicated entity (or SPV) that is part of the local consortium developing the Renewable Energy Valley in Alkmaar. 

    HYNOCA® is the hydrogen production solution developed by Haffner Energy using its patented biomass thermolysis technology. HYNOCA® is designed to rely on local residual biomass and organic waste with no conflicts of use. Because it is feedstock agnostic, it can operate regardless of the typical seasonal and geographical variations in biomass availability. It is made commercially available in the Netherlands, Luxemburg, Belgium and North Rhine-Westphalia through Busser Project & Technology Development. 

    Hynoca-Alkmaar’s project, labelled “bio-hydrogen plant” in the Renewable Energy Valley mapping, will use 6 500 tonnes of locally sourced residual biomass with no conflict of use to produce 240 metric tonnes per year of mobility-grade green hydrogen, serving local mobility and industrial needs. In the process, it will avoid the emission of 2 880 tonnes of CO2 per year. 

    “In our quest to realize Europe’s first Renewable Energy Valley in Alkmaar, clean hydrogen is an indispensable piece of the puzzle. At the core of this ecosystem, HYNOCA-Alkmaar is one of two innovative hydrogen production technologies that were selected to enable a flexible and continuous production of clean hydrogen. We are thrilled that our international collaboration to realize a decentralized hydrogen ecosystem was recognized today”, said Joep Sanderlink, Project Manager at New Energy Coalition, coordinator of the Alkmaar Renewable Energy Valley project. 

    Europe’s first Renewable Energy Valley is being developed with a view to testing new technologies in renewable energy generation, storage, and distribution. It is a model for energy resilience and sustainable development, bridging traditional energy sectors with innovative systems. The energy hub will host over 300 business facilities and 3,000 households on a 4km2 territory. 

    “We are delighted to be part of this amazing initiative to shape the future of sustainable energy. Energy independence is vital to the future of Europe and we’re excited about this collaborative effort across borders,“ said Marcella Franchi, in charge of business development at Haffner Energy.  

    REFORMERS’ Flagship Energy Valley initiative is to be emulated by six Replication Valleys in Austria, Belgium, Greece, the Netherlands, Poland, and Spain. 

    About Haffner Energy 

    H Haffner Energy is a French company providing solutions for the production of competitive clean fuels. With 32 years of experience converting biomass into renewable energies, it has developed innovative proprietary biomass thermolysis and gasification technologies to produce renewable gas, hydrogen and methanol, as well as Sustainable Aviation Fuel (SAF). The company also contributes to regenerating the planet, through the co-production of biogenic CO2 and biocarbon (or char/biochar). Haffner Energy is listed on Euronext Growth. (ISIN code: FR0014007ND6 – Ticker: ALHAF)  
    Further information is available at www.haffner-energy.com. 

    Media relations 

    Laetitia Mailhes 

    laetitia.mailhes@haffner-energy.com 

    +33 (0)6 07 12 96 76 

    Investor relations 

    Haffner Energy 

    investisseurs@haffner-energy.com  

    ​​​​​ 

    Attachment

    The MIL Network –

  • MIL-OSI: Practice AI Urges Attorneys to Embrace AI or Risk Being Left Behind in the Legal Revolution

    Source: GlobeNewswire (MIL-OSI)

    WOODLAND HILLS, Calif., May 20, 2025 (GLOBE NEWSWIRE) — As artificial intelligence (AI) continues to revolutionize industries across the board, Practice AI today calls on legal professionals to proactively integrate AI into their case workflows and processes. With new challenges and opportunities emerging in the legal sector, failing to adopt these technologies is not just a missed opportunity; it poses significant risks to the future efficiency, competitiveness, and effectiveness of legal practices.

    Recent advancements in AI have reshaped how legal research, document management, and case analysis are conducted. AI-powered solutions now enable law firms to automate routine tasks, sift through vast databases of legal precedents, and deliver insights that enhance decision-making. However, many attorneys remain cautious about the technology, unaware that resistance to change could have serious long-term consequences.

    Preparing for the AI-Driven Future

    Practice AI, in its ongoing mission to modernize legal practice, emphasizes that the integration of AI into legal workflows is essential for law firms looking to stay competitive in an increasingly digital landscape. Attorneys must evolve their practices to harness the efficiency and accuracy offered by AI, rather than cling to traditional methods that may soon prove outdated.

    Key Areas of AI Impact in Legal Practice Include:

    • Enhanced Legal Research and Document Review: AI algorithms can rapidly scan and analyze vast quantities of legal documents, reducing the time and cost associated with manual review and enabling attorneys to focus on complex analysis and strategy.
    • Streamlined Case Management: AI tools can automate administrative tasks, manage case files more efficiently, and provide predictive analytics that inform litigation strategies. This shift not only enhances productivity but also improves client outcomes by ensuring timely and precise legal service.
    • Data-Driven Decision Making: Leveraging AI for data analytics allows law firms to uncover patterns and trends that might otherwise go unnoticed. These insights help attorneys develop robust strategies based on empirical evidence rather than solely on intuition.

    A Call to Embrace Change

    “Attorneys who fail to embrace AI risk being left behind in an era where technology defines the practice of law,” said Hamid Kohan, CEO of Practice AI. “The dangers of not adopting AI can lead to inefficiencies and missed opportunities that may jeopardize client outcomes and erode the competitive edge of even the most established firms.” Kohan’s remarks underscore a critical message for legal professionals: modernization is no longer optional but imperative.

    Kohan further warned, “In a rapidly evolving legal landscape, ignoring the potential of AI isn’t just a missed opportunity; it’s a threat to the very foundation of legal practice. The cost of complacency could be far greater than the investment required to integrate these transformative tools.” These strong statements serve as a clarion call for attorneys to re-evaluate their current practices and consider how AI can be integrated responsibly and effectively.

    Strategic Steps Toward AI Integration

    Practice AI recommends that law firms adopt a multi-pronged approach to effectively incorporate AI into their workflows while mitigating potential risks:

    1. Invest in Training and Continuous Learning:
      Staying current with the latest AI developments is essential. Law firms should invest in regular training sessions, workshops, and online courses to equip their teams with the knowledge and skills needed to work alongside AI technologies. A culture of continuous learning will ensure that attorneys remain at the forefront of innovation.
    2. Upgrade Technological Infrastructure:
      Modern legal practices require robust, scalable technology infrastructure capable of supporting AI applications. Firms should prioritize upgrading hardware, securing reliable cloud services, and ensuring that data storage solutions meet the highest standards of security and compliance. This foundational work is critical for the successful adoption of advanced AI tools.
    3. Adopt Ethical and Transparent AI Practices:
      As AI systems become integral to legal workflows, maintaining ethical standards and protecting client confidentiality must remain top priorities. Law firms are encouraged to work with reputable AI vendors who emphasize transparency in their algorithms and data-handling practices. Regular audits and strict adherence to legal and ethical guidelines will help build trust among clients and regulatory bodies.
    4. Pilot AI Projects for Gradual Integration:
      Rather than implementing AI across the entire practice overnight, law firms should consider launching pilot programs in selected areas. By starting small, attorneys can test the effectiveness of AI tools on specific tasks, such as document review or legal research, allowing for a controlled environment in which to identify challenges and make iterative improvements before scaling up.
    5. Foster Collaboration with Tech Experts:
      Bridging the gap between legal expertise and technological innovation is crucial. Practice AI advises law firms to partner with IT professionals, AI specialists, and legal tech firms. This collaborative approach not only ensures that AI solutions are tailored to the unique needs of legal practice but also fosters an environment where innovative ideas can flourish.
    6. Establish Specialized Roles:
      As AI becomes more integrated into legal workflows, there may be a need for specialized roles such as Chief Innovation Officer or dedicated AI specialists. These professionals can serve as liaisons between the legal team and the technology sector, overseeing the evaluation, integration, and continuous improvement of AI systems within the firm.

    Mitigating Risks and Addressing Misconceptions

    Despite its many benefits, some legal professionals remain skeptical about the adoption of AI due to concerns over job displacement and reliability. Practice AI stresses that AI is intended to augment and not replace the expertise of human attorneys. By automating routine tasks, AI enables legal professionals to dedicate more time to complex problem-solving and strategic client engagement.

    Moreover, building trust in AI systems requires transparency and continuous oversight. Regular performance reviews, clear communication about how AI tools function, and maintaining human oversight in critical decision-making processes are essential steps in ensuring that AI enhances, rather than undermines, the quality of legal services.

    Looking Ahead

    The integration of AI in legal practice is not a temporary trend but a fundamental shift that promises to reshape the industry. As technology continues to evolve, those who proactively embrace AI will be better positioned to deliver high-quality, efficient, and innovative legal services. Practice AI is committed to supporting this transformation through strategic guidance, cutting-edge technology, and a steadfast commitment to ethical practices.

    Attorneys must view the rise of AI as an opportunity; a catalyst for enhanced productivity, improved client outcomes, and a more resilient legal practice. The future of law depends on the willingness of legal professionals to adapt and innovate in response to technological change.

    For media inquiries, please contact:

    Practice AI
    Address: 21731 Ventura Blvd. #175, Woodland Hills, CA 91364
    Phone: (424) 476-5858
    Email: sales@lawpractice.ai

    Visit us on social media:
    Facebook | Instagram | LinkedIn | YouTube | X.com

    The MIL Network –

  • MIL-OSI: The Republic of Iceland marked a highly successful return to the Capital Markets in 2025 with a new €750 million 5-year bond

    Source: GlobeNewswire (MIL-OSI)

    Issuer: Republic of Iceland
    Issuer Rating: A1/A+/A
    Size: EUR750 million
    Lead Managers: Barclays, BNP Paribas, Citi, JP Morgan
    Pricing Date: 20 May 2025
    Settlement Date: 27 May 2025
    Maturity Date: 27 May 2030 (T+4)
    Coupon: 2,625%
    Spread to mid-swaps: m/s+42bps
    Spread to benchmark: OBL 2.400% Apr-30 +52.3bps
    Re-offer price: 99,783%
    Re-offer yield: 2,672%

    Transaction Summary

    • On Tuesday, 20th May 2025, the Republic of Iceland, rated A1 /A+ /A (stab/stab/stab) successfully returned to the Euro debt capital markets with a new EUR750 million benchmark due 27th May 2030.
    • The transaction was priced with minimal new issue concession at m/s+42bps, equivalent to a spread of 52.3bps vs the OBL 2.400% Apr-30, whilst amassing over EUR4.3 billion of high-quality orders. This represents the largest conventional orderbook on record for the Republic.
    • Joint lead managers for the new issue were Barclays, BNP, Citi and JP Morgan.

    Pricing and Execution:

    • On 19th May 2025 at 09:23 UKT, the mandate was announced for a new 5-year Euro-denominated benchmark with 1-on-1 investor calls held with representatives of the Republic throughout the day. The Republic of Iceland concurrently announced an any-and-all tender offer for its EUR500 million 0.625% Notes due 3 June 2026, expiring 5.00pm CEST on Friday, 23rd May 2025.
    • Following positive investor engagement overnight, initial guidance was released to the market the following day at 08:14 UKT at m/s+50bps area. With orders accelerating in excess of EUR2.8 billion (excl. JLM interest), the Republic revised guidance 5bps tighter to m/s+45bps area (+/- 3bps WPIR) at 10:35 UKT. The high-quality demand supported setting the final size at this stage which was communicated at EUR750 million.
    • At 11:17 UKT, the high-quality orderbook surpassed EUR3.6 billion (excl. JLM interest) which enabled the spread to be set at m/s+42bps. This represented minimal new issue premium vis-à-vis the issuers EUR curve.
    • Books officially closed at 11:45 UKT with orders above EUR4.3 billion (excl. JLM interest). This represents the largest conventional ICELND orderbook on record, with only the inaugural Green 10-year ICELND benchmark due Mar-34 attracting higher total demand.
    • At 14:05 UKT, the new EUR750 million 2.625% May 2030 ICELND benchmark was priced at m/s+42bps with a re-offer yield of 2.672% p.a.

    Distribution:

    • This transaction confirms the strong investor demand for the Republic of Iceland’s credit in the international investor community, with a wide range of investors participating across the United Kingdom and Europe. Accounts from Germany / Austria / Switzerland received 25% of the allocations, Nordics 21%, UK 16%, Sothern EU 13%, Benelux 11%, France 8% and 6% to Others.
    • By investor type, Fund Managers led the book with 53% of allocations, followed by Central Banks / Official Institutions with 17%, while Banks received 17% and Insurance / Pensions took 12%. Hedge Funds rounded out the remainder of the book with 1% allocation

    Attachment

    The MIL Network –

  • MIL-OSI: Treasury issues Eurobond

    Source: GlobeNewswire (MIL-OSI)

    The Republic of Iceland has successfully issued a €750 million Eurobond (ISK 109 billion equivalent) with a fixed coupon of 2.625% and a five-year maturity, priced at a re-offer yield of 2.672%. The proceeds will be used to strengthen the foreign exchange reserves of the Central Bank of Iceland and to refinance existing Eurobonds.

    Concurrently with the new issue, the Treasury launched a tender offer to repurchase its outstanding €500 million Eurobond maturing in 2026. The offer remains open until 17:00 BST on Friday, 23 May 2025.

    The transaction attracted robust demand, with orders totalling €4.4 billion—nearly six times the issue size. The investor base comprised over 100 institutions, including asset managers, banks, central banks, pension funds, insurance companies, and other institutional investors, primarily from across Europe. Citibank, Barclays, J.P. Morgan, and BNP Paribas acted as joint lead managers for the transaction.

    Daði Már Kristófersson, Minister of Finance and Economic Affairs, commented:
    “It is highly gratifying to see such strong investor interest in this bond issue and the improved spreads compared to our previous offerings. The breadth and diversity of the investor base align with our goal of broadening access to Icelandic government bonds. This outcome reflects market confidence in the Icelandic economy, sound public finances, and the Government’s policy direction.”

    This issuance forms part of the Government’s Medium-Term Debt Management Strategy, which aims to ensure that the Treasury is a regular and credible issuer in international capital markets.

    The pricing of the bond, 42 bps over mid-swaps, represents a significant improvement over the Treasury’s 10-year green bond issued in 2024, which carried a mid-swap spread of 95 basis points. Despite ongoing global uncertainty, spreads on Icelandic sovereign debt have narrowed and outperformed those of many peers with comparable credit ratings.

    “Our message is resonating well with investors,” said Minister Kristófersson. “Iceland stands out for its solid and growing economy with good prospects, declining inflation, diversified exports, improved sustainability, and stronger credit profile.”

    The MIL Network –

  • MIL-OSI: BW Offshore: Successful handover of BW Adolo operations to BW Energy Gabon SA

    Source: GlobeNewswire (MIL-OSI)

    Successful handover of BW Adolo operations to BW Energy Gabon SA

    BW Offshore Limited (“BW Offshore”) and BW Energy Limited (“BW Energy”) announce that, with effect from 20 May 2025, operations and maintenance (“O&M”) of the FPSO BW Adolo have been handed over to BW Energy’s subsidiary, BW Energy Gabon SA (“BW Energy Gabon”).

    Under an amended bareboat charter, BW Offshore’s subsidiary retains ownership of the unit and will continue to lease the FPSO to BW Energy Gabon on the same terms as previously agreed without the O&M services. The charter includes a mutual put-and-call option on the FPSO for USD 100 million, exercisable in 2028. The parties have been working and will continue to work together on the transition until 30 June 2025 to ensure a safe and uninterrupted transfer of operations.

    “Transferring daily operational control of BW Adolo to BW Energy Gabon is a natural step given their growing presence in Gabon and potential to capture efficiencies across the local organisation,” said Marco Beenen, the CEO of BW Offshore. “The seamless execution reflects the commitment of both teams to safeguard personnel, the environment, and asset integrity.”

    “Assuming full O&M responsibility will allow BW Energy Gabon to optimise field performance and capture additional synergies across the Dussafu hub. We thank BW Offshore for its exemplary stewardship of the vessel and its continued support during the transition phase,” said Carl K. Arnet, the CEO of BW Energy.

    Both companies extend their appreciation to all offshore and onshore personnel who have maintained BW Adolo in a safe and efficient manner over the past seven years and look forward to sustained strong operational performance under BW Energy’s leadership. The unit remains deployed on the Dussafu Marin licence offshore Gabon, where it has produced safely since first oil in 2018.

    For further information, please contact:
    Ståle Andreassen, CFO, +47 91 71 86 55

    IR@bwoffshore.com or www.bwoffshore.com

    About BW Offshore:
    BW Offshore engineers innovative floating production solutions. The Company has a fleet of FPSOs with potential and ambition to grow. By leveraging four decades of offshore operations and project execution, the Company creates tailored offshore energy solutions for evolving markets world-wide. BW Offshore has around 1,100 employees and is publicly listed on the Oslo stock exchange.

    This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

    The MIL Network –

  • MIL-OSI: BW Energy: Successful handover of BW Adolo operations to BW Energy Gabon SA

    Source: GlobeNewswire (MIL-OSI)

    Successful handover of BW Adolo operations to BW Energy Gabon SA

    BW Offshore Limited (“BW Offshore”) and BW Energy Limited (“BW Energy”) announce that, with effect from 20 May 2025, operations and maintenance (“O&M”) of the FPSO BW Adolo have been handed over to BW Energy’s subsidiary, BW Energy Gabon SA (“BW Energy Gabon”).

    Under an amended bareboat charter, BW Offshore’s subsidiary retains ownership of the unit and will continue to lease the FPSO to BW Energy Gabon on the same terms as previously agreed without the O&M services. The charter includes a mutual put-and-call option on the FPSO for USD 100 million, exercisable in 2028. The parties have been working and will continue to work together on the transition until 30 June 2025 to ensure a safe and uninterrupted transfer of operations.

    “Transferring daily operational control of BW Adolo to BW Energy Gabon is a natural step given their growing presence in Gabon and potential to capture efficiencies across the local organisation,” said Marco Beenen, the CEO of BW Offshore. “The seamless execution reflects the commitment of both teams to safeguard personnel, the environment, and asset integrity.”

    “Assuming full O&M responsibility will allow BW Energy Gabon to optimise field performance and capture additional synergies across the Dussafu hub. We thank BW Offshore for its exemplary stewardship of the vessel and its continued support during the transition phase,” said Carl K. Arnet, the CEO of BW Energy.

    Both companies extend their appreciation to all offshore and onshore personnel who have maintained BW Adolo in a safe and efficient manner over the past seven years and look forward to sustained strong operational performance under BW Energy’s leadership. The unit remains deployed on the Dussafu Marin licence offshore Gabon, where it has produced safely since first oil in 2018.

    For further information, please contact:
    Brice Morlot, CFO BW Energy
    +33.7.81.11.41.16
    ir@bwenergy.com 

    About BW Energy 
    BW Energy is a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments. The Company has access to existing production facilities to reduce time to first oil and cashflow with lower investments than traditional offshore developments. The Company’s assets are 73.5% of the producing Dussafu Marine licence offshore Gabon, 100% interest in the Golfinho and Camarupim fields, a 76.5% interest in the BM-ES-23 block, a 95% interest in the Maromba field in Brazil, a 95% interest in the Kudu field in Namibia, all operated by BW Energy. In addition, BW Energy holds approximately 6.6% of the common shares in Reconnaissance Energy Africa Ltd. and a 20% non-operating interest in the onshore Petroleum Exploration License 73 (“PEL 73”) in Namibia. Total net 2P+2C reserves and resources were 599 million barrels of oil equivalent at the start of 2025.

    This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

    The MIL Network –

  • MIL-OSI: LambdaTest Enhances Cross-Browser Testing with ChromeOS Support

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, CA, May 20, 2025 (GLOBE NEWSWIRE) — LambdaTest, a unified agentic AI and cloud engineering platform, has expanded its capabilities with the launch of comprehensive ChromeOS testing support. This new feature allows developers and QA teams to test web applications and Android apps in real-time on ChromeOS environments, ensuring compatibility and performance across Chromebook devices.

    The ChromeOS testing environment supports features such as geolocation testing and network simulation. These capabilities allow teams to replicate user experiences in different regions and under various connectivity conditions, helping ensure that applications are robust and reliable in real-world use cases. 

    “As more users and organizations adopt ChromeOS, it’s essential for developers to have the tools to ensure their applications work flawlessly on these devices,” said Jay Singh, Co-Founder and COO at LambdaTest. “With the launch of ChromeOS testing on our platform, we’re giving teams the ability to deliver high-quality digital experiences across an increasingly diverse device landscape without compromising speed, coverage, or accuracy.”

    The lightweight nature of ChromeOS enables faster test execution and reduced setup time, bringing key benefits to the development cycle. Chromebooks’ focus on cloud-based apps aligns well with LambdaTest’s infrastructure, allowing for streamlined testing without the need for heavy installations. Additionally, the standardized environment offered by ChromeOS helps ensure consistent results across devices, while real-world simulation on actual ChromeOS platforms improves confidence in app performance.

    To learn more about ChromeOS support, please visit, ChromeOS Web Browser Testing and ChromeOS App Testing.

    About LambdaTest

    LambdaTest is an AI-native, omnichannel software quality platform that empowers businesses to accelerate time to market through intelligent, cloud-based test authoring, orchestration, and execution. With over 15,000 customers and 2.3 million+ users across 130+ countries, LambdaTest is the trusted choice for modern software testing.

    • Browser & App Testing Cloud: Enables manual and automated testing of web and mobile apps across 10,000+ browsers, real devices, and OS environments, ensuring cross-platform consistency.
    • HyperExecute: An AI-native test execution and orchestration cloud that runs tests up to 70% faster than traditional grids, offering smart test distribution, automatic retries, real-time logs, and seamless CI/CD integration.
    • KaneAI: The world’s first GenAI-native testing agent, leveraging LLMs for effortless test creation, intelligent automation, and self-evolving test execution. It integrates directly with Jira, Slack, GitHub, and other DevOps tools.

    For more information, please visit, https://lambdatest.com

    The MIL Network –